Hey all. I'm 22, and just getting started with my job's 401(k). There is a fair amount of variety....mostly blend funds though. How would you recommend I distribute my contributions between large-cap, small and mid-cap, foreign funds, bonds, etc.?
2007-02-23 19:59:33 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
good on you for investing this early. go with a total market domestic index fund for now. thats all you need. you can invest on single stocks later on.
2007-02-23 23:11:19 · answer #1 · answered by the_quiet_storm2 3 · 0⤊ 0⤋
Great question and good luck. A great fund for you would be one from the Bridgeway funds,The reason is the fund does not tank like most funds do in a down market,I would go with 50 percent.The next 3 stocks get 10 percent Pepsi,GE and Con Agra. All blue chips with the best brands around.Ten percent goes to next big thing.green power! And the last 10 percent goes to a gold and silver Now go out and do your homework on the information I gave you.In 40 years have a beer for Radio309!
2007-02-23 20:33:56 · answer #2 · answered by radio309 5 · 0⤊ 0⤋
10 mutual funds for a portfolio could be too a lot, incredibly for a 22-year previous. AND...there are minimum-balances for many fidelity-funds which will provide up you besides. For a 22-year previous in simple terms commencing, a portfolio that makes use of 25%-super-cap, 20% mid-cap, 15% smallcap and 20% rising-markets might artwork. No bond-funds --- bond-funds are for 40 5-years-and-older.
2016-10-16 09:17:06 · answer #3 · answered by ? 4 · 0⤊ 0⤋