UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: tngo Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75825  
Subject: 401(k), IRA or Foolish Four? Date: 9/16/1997 2:59 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I'm a new investor, and definitely want to invest in the Foolish Four. However, should I also invest in an IRA for it's tax benefits and/or should I contribute to my company's 401(k)?

Would it be advisable to invest in all three, or should I just concentrate on the Foolish Four?

If I do invest in a 401(k) and/or an IRA, can I invest use the 401(k) and IRA funds to invest in individual stocks (i.e. Foolish Four) or should I invest in mutual funds (although the "guide" advises against this).

Thanks,
Tom
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement