Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
So you are saying if you invest 6% in any option available in your 401k, the company matches with the same amount in company stock and you don't have to purchase any company stock yourself? That's what we Fools call Free Money. Your cost basis is zero. Instant profit. So by all means, contribute 6% in a investment in which you believe to continue to accumulate your free shares. Then contribute to your Roth IRA the max you can ($5000) for both you and your spouse (if married), then if you like your 401k, contribute more or find a better savings goal for any excess can.

Who loves free money and misses the days when he had a 401k and could earn some...
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.