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Old 09-09-2006, 02:40 AM
Chris Cowles
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Default Re: Please advise on 401k choices...

I don't think this is the best place for such a question. If you want to
ask how to track your 401k in Money, ask here; if you want to ask what
investments to purchase for your 401k, I suggest the
misc.invest.financial-plan newsgroup. It's moderated so you don't get a
bunch of irrelevant posts, net nannies, or trolls.

Beware that some respondents are conservative to the point of advising
against ANY debt, including reasonable car loans. But the advice you'll get
there is generally balanced, sensible and, in many cases, backed by
citations referring you to publications from which the respondent formed
the basis of their opinions.
--
Chris Cowles
Gainesville, FL

<heportillo[at]gmail.com> wrote in message
news:1157640526.022074.207110[at]i3g2000cwc.googlegroups.com...
- quote -

> Hi,
> My company is just beginning their 401k plan. I am 23 and making $50k a
> year. I can stomach about 6% of my salary. Here are the options given
> to me:



 
Old 09-07-2006, 11:27 PM
Jon_Hildrum
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Posts: n/a
Default Re: Please advise on 401k choices...

Try looking up the funds at http://www.morningstar.com/

You can also go to the funds and look up the details
http://www.americanfunds.com/funds/r...abetically.htm


Personally, I believe that you should be primarily invested in a broadbased
US growth stock fund with some of the money in international funds at your
age.

You might want a mix of large cap (60%) and small cap US (20%) with the
last 20% in international stocks. However, it is your money, your risk and
your choice. Personally, I do not like funds with front end charge. The
expense ratio should be as low as possible. Myself I tend to prefer index
funds because of lower costs.

--
Jon Hildrum
DTS MVP
Jon_Hildrum[at]msn.com
www.hildrum.com
<heportillo[at]gmail.com> wrote in message
news:1157640526.022074.207110[at]i3g2000cwc.googlegroups.com...
- quote -

> Hi,
> My company is just beginning their 401k plan. I am 23 and making $50k a
> year. I can stomach about 6% of my salary. Here are the options given
> to me:
> Growth Investments
> - AMCAP Fund
> - EuroPacific Growth Fund
> - SMALLCAP World Funf
> - The Growth Fund of America
> Growth-and-income investments
> - American Mutual Fund
> - Capital World Growth and Income Fund
> Bond investments
> - American High-income Trust
> - Capital World Bond Fund
> - The Bond fund of America



  #-1  
Old 09-07-2006, 02:48 PM
heportillo@gmail.com
Guest
 
Posts: n/a
Default Please advise on 401k choices...

Hi,

My company is just beginning their 401k plan. I am 23 and making $50k a

year. I can stomach about 6% of my salary. Here are the options given
to me:


Growth Investments
- AMCAP Fund
- EuroPacific Growth Fund
- SMALLCAP World Funf
- The Growth Fund of America


Growth-and-income investments
- American Mutual Fund
- Capital World Growth and Income Fund


Bond investments
- American High-income Trust
- Capital World Bond Fund
- The Bond fund of America

 

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401k, advise, choices
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