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Financial Planning / Foolish 401(k)s


Subject:  Short Term 401k Date:  10/11/2002  11:43 AM
Author:  davjon Number:  15397 of 26276

I have been with my company for two years and investing in the 401k for 1 year (eligibility requirements). I'm putting in the max that they will contribute to. I don't plan on being with the company for more than another five years as I'm looking at moving. Would it be wise to put most of my contributions in safer investments, i.e bonds? Since it's not a "long term" investment, to keep from having large losses while getting all the "free" money? I'm fully vested in my 401k. Once I move to a new company, roll it over to that 401k or an IRA with long-term investing in mind?

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