I have a 401K through my employer. It is 100% vested.I'm 21, and a recent college graduate, so I'm told I have a lot of room to make mistakes, but I would like to avoid as many money mistakes as possible. I only have approximately $300 contributed to my 401k so far, because I don't understand how to diversify my portfolio. I have a number of options to choose from, but I don't know how to tell if they are "good" or not. They are: JP Morgan Stable Value, PIMCO Total Return, Vanguard Balanced Index, H&W Large Cap Value, Marsico Growth, BGI S&P 500 Equity Index, Artisan Samll Cap Value, MS Small Company Growth B and MFS International Equity. I need to invest in percentages equalling 100%, but I'm not quite sure how to choose to my financial advantage. How can I properly diversify my portfolio? Answers are greatly appreciated! Thanks in advance!
2007-07-18
12:14:32
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9 answers
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asked by
lei
3