Investing 102

[Bucketlist2012]

Originally Posted by 96z28ss

I have a new hatred for mutual funds.

I have 2 401k accounts, one with current employer and one with a previous one that I no longer put money into obviously, so it just sits there. When I say it sits there I REALLY mean it sits there. Its not doing anything.
I'm going to move that account into something I can control and pick what I want and not be limited to a dozen opptions.
The other 401k account is with current employer and I'm putting in $600 a month and its not doing anything. I already sent the CFO a nice email outlining that we need more options, cause the dozen or so options aren't cutting it. Like I told him in the email I'd like to retire some day and not run out of money.

Go get em boy...i have an old 401K, and i am getting 10% out of that Dog..

Good Hunting on getting your 401K to at least grow over time... It should be doing well, especially right now...Change that puppy soon...

[toy71camaro]

Originally Posted by solarguy09

Go get em boy...i have an old 401K, and i am getting 10% out of that Dog..

Good Hunting on getting your 401K to at least grow over time... It should be doing well, especially right now...Change that puppy soon...

I need to tackle my 401k too. ugh. mutual funds are a whole nother ball game. lol

[Bucketlist2012]

Originally Posted by toy71camaro

I need to tackle my 401k too. ugh. mutual funds are a whole nother ball game. lol

They are the Dogs of investing...But we need to have them to get company matching, and to have tax deffered assets...

Then the company changes plans and you have to do it all over again..

But we can squeeze as much as we can out of the Dogs...

Most of my money is in Schwab...Is that he best thing to do ????

For me it is....I am in control of it, and it is liquid...