UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: gilvid One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Re: 401k.....What Funds To Choose Date: 7/29/1998 10:30 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I am asking for some advice on what to do about my 401k plan. Starting next month my company
is offering me 7 more funds to choose from. I currently have 3 funds (stable value fund, index equity
fund, and company stock). The seven new funds consist of an intermediate and long-term bond
fund, a securities fund, and 4 mutual funds. I would like help on which funds are best and what
percentage of each should I choose. I plan on working for about 23 more years. I would be very
grateful for any help i can get. Thanks for reading about my delema.


Maybe I can help here. Ray and Pixy gave you excellant advice (as usual) on your company stock. (Having too many eggs in one basket is not good) Diversification is going to be important for you here.
You need to do some research on the 4 funds. Some sites to use are http://www.morningstar.com
http://fundalarm.com
http://www.bobbrinker.com
Remember you want funds that equaled or beat the index funds for the past 3 yrs. That means 30% or better. If you can't get that or close to it then why not stick with the index fund? But then we're back to how many eggs in one basket question again.
Go slow and make the best decision. Say that from personal experience. Just rolled over my 401 into a self directed IRA and the funds I did a through research job on are doing well the ones I rushed on are only so so.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
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:
Berkshire Hathaway

Reestablishing the Middle Class
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