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Greetings and Salutations! First-timer on the boards here. I have several questions. I am a new employee of The Travelers Group, and I am currently considering my 401k options. I of course have several mutual fund options, but I would be interested in opinions regarding the degree of Foolishness involved in choosing to fund my 401k solely with company stock. I think this might be a good option because: it is Travelers stock, a strong Dow performer, good future, it has far, far outperformed the mutual fund options (34.75% annualized, last three years, we are told), and I can get it at a 5% discount. Other salient factors: there is no company match, and we can also buy stock through after-tax payroll deductions at a 10% discount, with brokerage fees waived. Also, since there is no company match, should I consider just building a Foolish Four portfolio within an IRA? I am married, so I could do the same for my wife, and sock away our first $4000 this way. I do intend to build a Foolish portfolio regardless of what I do with the 401k.
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