Thread: Investing 102
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Old 05-16-2012, 10:28 PM
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GregWeld GregWeld is offline
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I own the Fidelity Contra Fund (FCNTX) and over the years it's done very decently...

The American Fund (RWMFX) looks decent and has good names in the bag...

I would NEVER put too many eggs in one basket -- so if you're going to go -- at least split the investment between these two. They don't overlap much so that's good!

Personally -- I think you'd do better over time with just one International fund - Take a real good look at the overlap of these three (you picked 4) funds... and you'll see some crossover of the investments. Another reason I don't like MF's but you're stuck with what you're stuck with.

So I'd pick THREE of these MF's and split your investment into thirds and go with it.

There is ABSOLUTELY NO REASON TO HOLD CASH of any kind in a 401K.... that's such a dumb recommendation! You can't withdraw without major penalties and taxes due so why hold cash? It's not a friggin' bank account! Put 100% of those workers to work!!!
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