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Author: Mishushina Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75658  
Subject: Retirement through Mutual Funds... Date: 9/29/1999 2:57 PM
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Hello all, I took control of my finances about 6 months ago, and well, I still have questions.

I am a government employee, and along with the ususal retirement package, they offer a deferred compensation plan. This allows me to invest pre-tax dollars in a variety of mutual funds or in a no-risk savings pool. I currently have $75.00 going to the savings pool, and $100.00 going to Fidelity Growth.

I originally started the Fidelity Growth when it was at $45 or so, and currently it is up to $63.00. My question, should I reduce the amount I send to the mutual fund until the price drops, or should I just leave it be?

As for changes to my deferrment, I can't just pick up the phone and change it, I must send in the proper form (which I have), then they will process it, and the change takes effect on the next paycheck (providing they have the time to make the change.)

I also have thought of moving the total amount in the mutual fund back to the savings pool. The pool only returns 6.75%, but with the mutual fund so high right now, I'm wondering if I'm investing Foolishly now? Is my money working best for me?

Just to stave off other questions. Yes I am investing in other ways, I am currently taking a hit of about 8% on my foolish 4 (EK, GT, MMM & S), but have only had that going since April (I know, I got in a day late and a few grand short, but it was a start for me).
As for retirement, thats 23 years off, and I have been deffering my money for the past 7 years through my job.

Any advice will be greatly appreciated.
Sorry this took so long, but I have come to relize that when the Foolish community has information, they can come up with a great deal of Wisdom (should I use that word?!?)

Thanks much
Peace
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