Quote:
Originally Posted by GregWeld
Given your age -- Growth, Growth and Income, and Aggressive growth are good choices.
Now you begin to see why I'm not a fan of "mutual funds" or company IRA's.... Wouldn't you sleep better if you actually KNEW what you were invested in?? Rhetorical question so don't respond. Not to mention there are all manor of fees and expenses that support just about everyone on the planet except you! UGH! I truly hate them -- but they're still far better than doing nothing... and there are tax advantages etc. so just roll with it.
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Thanks for the info, yea the funds that we can chose from have pretty high expense ratios compared to my old company (0.8-1% vs 1.3-1.8%), not sure why the difference.
I was able to see the top holdings in each fund, but I guess they didnt want to show the bottom, hahaha
I was just calculating, and at my old job I had a 48% return on my 401k contributions, which are now helping me in my personal IRA,
Quote:
Originally Posted by dhutton
Given that index funds have been shown to outperform actively managed funds I would have been tempted to stick with simple index funds. After that I would have gone with Vanguard funds if they are available. Their fees and expenses tend to be the lowest in my experience. I would not put any money into anything I can't research or track.
Don
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How can I tell if its an Index fund versus managed funds?
I know some of the ones I looked at had the managers listed, but didnt see any that did not.
I can list the ones that do have tickers if necessary.
As far as the bolded part, I had the exact same feeling