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Author: bbbluegrass Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75890  
Subject: Re: 401K transition question Date: 1/20/2000 1:06 PM
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Pixy,

In response to my inquiry regarding whether to move my 401K from old company to new, you wrote:
"If you move the old plan, almost certainly your present stock holdings would be liquidated at their current value so only the cash would be transferred. Thus, if you think there's a possibility for that stock to recover and you also believe in the long term viablility of that firm, then leaving your present plan alone may be the option you wish to take. OTOH, if the choices for the other 80% of your money don't include good options (at least an index fund), then you have to ask yourself if the $3.4K in company stock is worth waiting for a recovery. Only you can make those choices."

I decided to keep the money in the old company's 401K, with 50% of it in stock (hey, it's cheap right now) and 50% of it in AIM Constellation Fund. I don't think this is an index fund but it has performed well for the past 3 years.

Thank you for your thoughts on the matter.
bbbluegrass
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