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Author: dswartz Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75833  
Subject: Re: wondering how to allocate 401(k) money Date: 9/12/1998 9:54 AM
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<< << If anyone out there has thoughts on how someone my age should allocate money in a 401(k) plan, I'm interested in hearing your ideas. >>
Go for as close to an index fund as you can. Agitate for them to add one to your investment choices. >>

I agree. Although I am self-employed now, I am
amazed looking back at some of the pathetic choices
available to the 401K plans I had available. One
of my most recent jobs had 6 mutual funds to pick
from (a growth fund, a balanced fund, a couple of
specialized ones, etc). As I recall, they all had
some type of load and in the aggregate the plan
performance really stank.
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