Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: johnsonma Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25317  
Subject: Best time to move 401K funds Date: 7/11/2000 6:39 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I recently changed employers and I have about 50K in a 401K with my former company. There is no penalty to keep it there, but the plan with the company I now work for has many more options, better returns and lower fees. As far as I know, I can choose when to move the money to my new 401K whenever I want to. I know that it is extremely difficult to predict a good time to move the money, but is there a way to predict when a good time to move it would be? The money could be out of the market for several weeks and with that amount of money, conditions could make a difference. Also, what type of asset class is a good investment at this time (what general type of stocks are undervalued)? My feeling is that I should just move the money as soon as possible and accept whatever happens to the market. It would be ideal to take it out and put it back in after a general drop in prices but that would probably be by pure luck only. I would just like to find a way to buy in lower than the old funds sell for. Most of the money in the current plan is in tech stocks and overseas markets.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

Looking at Currency Ratios
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