Mutual Fund Advice

[Go Blue]

I'm not sure what to do with my 401k since it has obviously not been preforming well lately. It is 90% growth stocks and 10% bonds. The 90% is diversified between small cap value, mid cap growth, large cap growth, international growth, and equity/income. Should I move some of the growth to bonds or money market, or leave it as is since I am not touching it for a long time?

[tommyboy81]

don't know alot about this but my job's been trying me to get into this. If I read right on this paper thats up front for those who are not inrolled are going to be automatically inrolled. WTF!!! I don't want to be in it. I'm hurting on money and the last thing I need is more taken out. Yes I should star one now when I'm young but I got 40 until I retire. And with all this crap going on do I want to start one now?

As far as taking it out. Well that'll hurt the market and you. For you your a** will get taxed by taken it out and taxed at tax time. Take it out when you're desparate need of it.

[Go Blue]

Originally Posted by tommyboy81

don't know alot about this but my job's been trying me to get into this. If I read right on this paper thats up front for those who are not inrolled are going to be automatically inrolled. WTF!!! I don't want to be in it. I'm hurting on money and the last thing I need is more taken out. Yes I should star one now when I'm young but I got 40 until I retire. And with all this crap going on do I want to start one now?

As far as taking it out. Well that'll hurt the market and you. For you your a** will get taxed by taken it out and taxed at tax time. Take it out when you're desparate need of it.

I definatley don't want to take anything out yet. I'm just not sure if I should allocate more towards bonds and money market as opposed to stocks.

[tommyboy81]

Originally Posted by schultz

I definatley don't want to take anything out yet. I'm just not sure if I should allocate more towards bonds and money market as opposed to stocks.

OH! Theres something else like a 401k but can't think of what it is. But I don't know what to tell you

[ixlegitballinxl]

you can invest into a roth ira, i think the cap is 4g? havent looked into it for awhile...hard choice for 401k's, i'd go with a safer/slower growth market due to the economy. Bonds are very safe.

penalties are big for pulling out early, Good luck

[Clark Kent]

Originally Posted by schultz

I'm not sure what to do with my 401k since it has obviously not been preforming well lately. It is 90% growth stocks and 10% bonds. The 90% is diversified between small cap value, mid cap growth, large cap growth, international growth, and equity/income. Should I move some of the growth to bonds or money market, or leave it as is since I am not touching it for a long time?

How old are you and how far from retirement are you? It really depends on more than what strangers on a Blu-ray forum can probably help you with. For the very long term the equity markets will give you the most returns but as can be seen by recent events you have to be willing to ride out the highs and lows.

[Bigdog]

Originally Posted by ixlegitballinxl

you can invest into a roth ira, i think the cap is 4g? havent looked into it for awhile...hard choice for 401k's, i'd go with a safer/slower growth market due to the economy. Bonds are very safe.

penalties are big for pulling out early, Good luck

I would go safe also which you can still lose but it is minimal. I see way to many people who treat their 401k's like some gambling account, which is why i also know a few who just lost a good portion of them with to much @#@#ing around. Hell i only take out 5% and my job matches so it's worth having a little taken out each week, within 4 years it has grown a good amount for the minimal i see deducted each week.

[Go Blue]

Originally Posted by Clark Kent

How old are you and how far from retirement are you? It really depends on more than what strangers on a Blu-ray forum can probably help you with. For the very long term the equity markets will give you the most returns but as can be seen by recent events you have to be willing to ride out the highs and lows.

I'm 29 (30 in a few months) and would like to retire before 60, but I'm not sure that will happen. I'm not looking for definitive answers on a forum, but just wondering what other think, assuming there are a lot of 401k holders here.

[Beta Man]

I put a large amount (large for me at least) into a Franklin Templeton Core-Folio account (mutual funds, money markets etc) about a year ago...when I thought the market was at a "low" and It'd be a good time to invest..... despite the fact that I'm probably down A LOT..... I wouldn't have taken the cash out now if the market was booming.... so I'm not going to move it since the market is in the gutter......

As my dad always said.....


STAY THE COURSE.

EDIT:

I'll be 30 in November

[Go Blue]

Originally Posted by Beta Man

I put a large amount (large for me at least) into a Franklin Templeton Core-Folio account (mutual funds, money markets etc) about a year ago...when I thought the market was at a "low" and It'd be a good time to invest..... despite the fact that I'm probably down A LOT..... I wouldn't have taken the cash out now if the market was booming.... so I'm not going to move it since the market is in the gutter......

As my dad always said.....


STAY THE COURSE.

EDIT:

I'll be 30 in November

I'm a believer in staying the course also.

I hear ya with the at 30. It's coming for me in December!

[Beta Man]

Originally Posted by schultz

I'm a believer in staying the course also.

I hear ya with the at 30. It's coming for me in December!

If I make it that long

[Entertainment72]

Sell Sell Sell Sell

[petenad]

Originally Posted by schultz

I'm not sure what to do with my 401k since it has obviously not been preforming well lately. It is 90% growth stocks and 10% bonds. The 90% is diversified between small cap value, mid cap growth, large cap growth, international growth, and equity/income. Should I move some of the growth to bonds or money market, or leave it as is since I am not touching it for a long time?

Well when do you retire? How much do you need when you retire? We'll start with that. What percentage is foreign equity? Do you have more then 10yrs to retire? Is it a company 401 K not really familiar does your company also contribute or match your contribution? e-mail me if you want if you have specific questions I've been at it for 12yrs so I have a bit of knowledge.

[arush5268d]

Originally Posted by Entertainment72

Sell Sell Sell Sell

And create widespread panic?

And bottom out the economy even more?

Sure - let's have the 2nd Great Depression

[mdabb]

Depending in what they invested it in I wouldn't worry too much. You are not going to retire any time soon so there is more than enough time to recover. Recent events are only going to effect people who are in need now and in the near future. Word of advise a 401K is not going to be enough for retirement anyways.

Right now and for a little while longer is the time to buy, buy, buy!!! Stock on sale!!! Property on sale!!! Be wise............ this could be a restructuring of wealth. (for the smart or lucky ones)

The commodities and the real-estate game is a safe bet for the most part. Again be smart and take advantage of the current real-estate market.

Be wise and don't live beyond your means.............SAVE$$$$$$$$$$$$

[stockstar1138]

the market is still overvalued.

stocks are not the places to be right now. so any fund that invests in safe bonds and such is your best bet. your not going to make a lot of money, but hey, you'll still have it and when this market turns around throw it back into the stocks and make bank.

Dow is going under 9000.

[Entertainment72]

Originally Posted by arush5268d

And create widespread panic?

And bottom out the economy even more?

Sure - let's have the 2nd Great Depression

Um have you been in a cave?

[mikejet]

What percentage do you currently put away? What other options are available to you through the inverstment firm handling the 401k? How "comfortable" do you want to be when you retire? There are alot of factors in this equaltion.

My one dream has always been to put 1 million dollars into a triple tax free mutual fund that pays out annual dividends at 5%. Then I could live off that for the rest of my life tax free.

You could always do something like that on the side. Find a nice high interest rate mutual fund that pays out quarterly dividends and set it to DRIP and add money whenever you can. Never check the balance. After 2 decades or so you would have quit a bit of cash in there. taxes might suck a little but the growth could be good. Some high performing mutual funds do 10% or higher.

With the economy the way it is right now, it's the perfect time to buy and take investment courses.

[Entertainment72]

Everyone's money is safe.. when they appoint a past exec of Goldman Sachs to oversee the bailout.. yes.. your money is very very safe.

[My_Two_Cents]

Originally Posted by Entertainment72

Sell Sell Sell Sell

Um, yeah....sell low, buy high. That's the ticket!