Investing 102

[GregWeld]

Originally Posted by toy71camaro

@ Eric....

Figures.. not ONE fund I in my "available choices" list is on that list. lmao.

oh well, back to doing it my way

That's another "problem" with work chosen 401's... sadly -- so many of them are just a "place holder" that some manager has chosen... and you're stuck with them.

I've talked to many people who have saved via these programs religiously -- and taken full advantage of the matching funds -- only to find out they've been going behind! OMG... It just kills ya to hear that kind of stuff. Since it's so needless. If the managers would just do their jobs and find good funds for their employees. But most of the guys/gals choosing this stuff - aren't knowledgeable themselves!

[GregWeld]

Investor attention turns next to corporate earnings announcements, which begin when aluminum maker Alcoa, one of the 30 stocks that make up the Dow, reports April 10.

[Bucketlist2012]

Originally Posted by GregWeld

That's another "problem" with work chosen 401's... sadly -- so many of them are just a "place holder" that some manager has chosen... and you're stuck with them.

I've talked to many people who have saved via these programs religiously -- and taken full advantage of the matching funds -- only to find out they've been going behind! OMG... It just kills ya to hear that kind of stuff. Since it's so needless. If the managers would just do their jobs and find good funds for their employees. But most of the guys/gals choosing this stuff - aren't knowledgeable themselves!

Morning Gentlemen..

You really have to be proactive with your Company 401K Plans...It is Great to put away 15% of your pay and get a company match too..Sometimes that is ALL people EVER save...

BUT they are limited on Choices...And they can be DOGS...But worse is the "Mumbo Jumbo " Fees...What are they and why are they there ?........I can't seem to find the breakdown on the fees ? Hmmm.....

As I have said before, only 10% of my Invested assets are in a 401K plan..
But I have been able to shift things around and get 11% to 12% out of it..
Well, the last 9 months or so...My Choices suck, but I work with what they give me..

Greg, 5% over 5 years ? I would lose it, and the people who are losing money in their plans ? Time to change investments.

But I gotta watch it..Because my 401K is in Mutual Funds and I am ready to change it around if I need to..


I could have been adding a lot more to the 401K the last ten years, but I put the other 90% in Schwab over time..

But damn do I love making money...My Wife is hooked too..I just gotta get her more hooKed on racing and I got it made.

I love this Thread

EDIT....PLEASE remember that you must be investing money you do not need for a LONG time... If we do take a HIT or a correction, you gotta be ready to just let it ride...And your Blend better be so you can sleep at Night.

I have been known to play with Fire, but I am doing it with money I don't need right away. Because the market will go up and sideways and down and up.. I just didn't want people to think it is all a smooth ride for me..It's not..

But I don't care because in the end, it is always for the better.