Thread: Investing 102
View Single Post
  #1404  
Old 05-04-2012, 09:03 AM
GregWeld's Avatar
GregWeld GregWeld is offline
Lateral-g Supporting Member
 
Join Date: Jul 2005
Location: Scottsdale, AriDzona
Posts: 20,741
Thanks: 504
Thanked 1,080 Times in 388 Posts
Default

Quote:
Originally Posted by toy71camaro View Post
good point.. your right. a few % over the next couple months (ie. til fall) wont make that big of difference compared to not being in at all.

I need to put my big boy pants on and tackle the 401k. It makes me nervous as hell as there is SOOO many different choices, plus "diversifying" (i guess that makes me the most nervous). what % should go where.

It should make you MORE nervous to have money sitting not growing or not paying you!

Stick to basic rules for diversifying. If you have 100K - 5% per investment
if you have 10k - then a couple thousand per name. Somewhere in-between if you have more or less.

If you have 100K -- finding JUST TWENTY great companies is the easiest thing you'll ever do!


Reply With Quote