My company's 401k plan only has two choices for domestic growth funds: Calamos Growth A, and Victory Diversified Stock A. Being a 22 year old, which one would make more sense to me?
The Calamos fund has 4-stars from Morningstar, but seems to be very, very volatile.
The Victory fund only has 3-stars, but doesn't seem to have as many ups and downs.
Which would you more experienced investors recommend I go with? Or should I split the money I'm putting into domestic growth 50/50 between them, or what? Thanks!
2007-01-03 00:04:14 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
Being 22 years old, you can stand more volatility.
However, Calamos is a Mid-Cap fund, Victory is a Large Cap Blend fund...these are two different types of funds due to the size of the corporations.
If I were you, I put some in both since you get Mid-Cap exposure...many 401ks don't have Mid-Cap exposure.
2007-01-03 05:09:05 · answer #1 · answered by t_roe 3 · 0⤊ 0⤋
Overall I prefer Calamos. Do you have a good Global fund? At your age that is where I would invest 50% of my money.
2007-01-03 11:18:33 · answer #2 · answered by MR MONEY 3 · 0⤊ 0⤋
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
http://investing.sitesled.com/
I am sure that you can get your answers in this website.
Good Luck and Best Wishes!
2007-01-03 11:52:30 · answer #3 · answered by Anonymous · 0⤊ 0⤋