What should I be investing into my 401K and what are these option?
I am 26 years old and I enjoy a 401K with no impression how to invest. They give a bunch of option that I can invest by a percentage to each one. Could you convey me what they mean and which ones you suggest I should invest in.Thanks
MFS AGGRESSIVE GROWTH ALLOC FD-A
MFS MODERATE ALLOCATION FD-A
ALLIANCEBER SMALL-M-CAP VAL FD-A
AMERICAN FUNDS GROWTH FUND-R4
MFS FIXED FUND
MFS BOND FUND-A
MFS TOTAL RETURN FUND-A
MFS VALUE FUND-A
MFS NEW DISCOVERY FUND-A
MASS INVESTORS GROWTH STK FUND-A
MASSACHUSETTS INVESTORS TRUST-A
MFS EMERGING GROWTH FUND-A
MFS CONSERVATIVE ALLOCATION FD-A
MFS GLOBAL EQUITY FUND-A
MFS GROWTH ALLOCATION FUND-A
MFS MID CAP GROWTH FUND-A
Answers: You're childish..time to be aggressive. You may take a hit for awhile but if you put at lowest 25% (each) in the two " international" funds ( emerging and global)..you will be cooking surrounded by the next few years. As for the other 50%...step " value" or " conservative allocation". In the next few months, as you skulk for your first " quarterly report", get into reading a touch about investing and funds...and if involve be, be ready to engineer changes ... you can find beginners' info on finance/yahoo, or moneycentral/msn.
P.S. Or you can a short time ago look back at answers from lots and lots of question here that are similar to yours...you'll probably get a few suitable answers here and there.
MFS AGGRESSIVE GROWTH ALLOC FD-A
You are childlike so you can handle souk volitiliy. This fund is in essence a fund of funds. It is already asset-allocated so adjectives of the different investment styles you see in the other funds is incorporated into it. Now is a great time to go and get in since the market are so beat up.
You could use adjectives of those other funds, but then you would hold to figure out the proper allocations of respectively, and then systematically rebalance annually or semiannually. Let the pros do it. Use that one fund. If you can't stomach the thought of your acct bouncing around too much (but you should) after use the moderate one.
100% Aggressive growth.
This website will tell you adjectives you need to know.
What is the best thing to invest in? Please help me. Thanks.?
Answers: I wish I had invested in shares in YAHOO long ago! WOW...Ever see the movie FREQUENCY?
MySpace stock?
401(k)s are good... IRAs... etc etc
Oh... and a Bible :-)
Yes by all means go chase the thing that used to be hot, that surely works.
NOT!
The best thing to invest in is some TIME.
Read some books on investing
Robert Chilton, Dave Ramsey have books out that any 5th grader can understand.
If you are smarter than a 5th grader than maybe
Ben Graham, Peter Lynch, or Jim Rodgers may be more up your alley.
Check out web sites like
Vanguard.com
CNBC.com
CNNmoney.com
Yahoo personal finance
Watch Dave Ramsey's show on Fox bus news (or small doses of Bloomberg tv and/or CNBC).
Decide what your objectives are, your time horizon, and your willingness to endure risk.
The current stock market is a good case study.
Most folks look at it and start getting nervous and want to sell everything. Me, I just sent in the first grand of the year to my Roth Ira. I love buying when people are selling, stocks are going on sale.
Depends on your unique financial situation:
Age, time horizon, risk tolerance, and needs...
You...
Yes, seriously!
Find one thing, perhaps a self-betterment goal and do it! You'll feel much better about yourself and your ability to complete/change something about yourself.Hmm
And who knows, perhaps you'll gain some knowledge that wasn't there and find a "hidden-gem" of an investment that you may not have thought of before (yes, from your own unique insight). Let me know how it turns out! And, if you become a millionaire from the insight you have gained as a result of my advice, don't tell me unless I get a cut...(LOL- Just kidding, kinda!)
**If that doesn't work for you, I would suggest investing in real estate in Worcester, MA. VISIT ME AT WWW.HAIMS.NET
You should learn to trade. Especially now that the markets are going down.
If you learn to trade you can make money no matter which way the markets head.
This is a good website that will give you lots of helpful tips.
you have to choice small or big invest?
i'll help you to get solution ok,
We need more details, like how much money you have and how much risks you are willing to take.
For me, I'm currently investing on Prosper by lending out money to earn interest.
Investment property via 1031 exchange?
I own a duplex and live in one of the unit, the property is 3 months old thus I own very little equity but I am interested surrounded by growing my portfolio... is there any means of access for me to aquire more properties {eg 1031 X } or is this a Unicorn...Answers: You MUST speak with a definite estate professional OR a real estate attorney adapted with 1031 exchanges.
Believe me, you do not want to speak beside or take any suggestion or suggestions from any one who is not familiar beside the way this transaction is done.
The 1031 have not like the "unicorn".
Thanks for asking your Q! I enjoy answering it!
VTY,
Ron Berue
Yes, that is my valid last first name!
Talk to a CPA about your option.