Will the Nasdaq finish 2008 closer to 2000 or 3000?
Answers: presidential election year is nearly always positive..the Fed is in easing mode which has always caused the market to eventually go up.non-US global growth is real, alive and not slowing down due to the housing glut/sub prime/credit probs the US has...but, since the US spends $9T/yr to buy what rest of world makes for example (China spends $1T/yr), everything will likely slow down, but nonetheless NASDAQ should be higher so closer to 3000. First year of new president is nearly always negative for mkt so 2009 might be the inverse, plus by then this bull mkt that started in 2003 will likely need a pit stop and won't have any more Fed levers to keep it going...
At the rate it's going, I'm gonna guess 0!
Employer matches 50% up to 6% in 401k. Should I contribute 6% in 401k & anything greater than 6% in Roth 401k?
Answers: Yes. I agree with your strategy. Always invest in your 401k to max the company's match. Your next priority should be your Roth IRA.
You should always always ALWAYS ALWAYS ALWAYS (did I mention always?) put the 6% that your employer matches because it's an automatic 50% return on your money. (Unless ofcourse you have another investment that will pay you greater than 50%)
As for the rest, it all depends on your situation. If you are an average american that has trouble saving, then by all means maximize all of these accounts to make it easier for yourself to save. If however you have many other investments and savings ... you have to decide if the return you're getting on those investments (after taxes) is going to be better then the untaxed return of your 401K.
In my case I only contribute as much as my employer matches, because I have no control over my 401K and my general investment returns after taxes have been outperforming it.
Good luck!
What legal requirements have to be met while managing a stock mutual fund?
Answers: Disclosure, disclosure, and more disclosure. Basically you need to be willing to reveal more than most about your operations and do so truthfully...
like not being convicted of fraud.