Can anyone who knows about stocks help me with the distribution or know where to get help on managing my distribution of my 401k?
the company i work in only matches like 50% up to 4% so that sucks. I need to balance the asset distribution so the stock market actually helps me.
I just have the feelling the company is taking my money and putting it on default mediocre stocks.
Please help!!
by the way the company is DISNEY wich if you have ever worked there knows pays sqwat!!
2007-12-19 14:46:42 · 4 answers · asked by Daniel S 2 in Business & Finance ➔ Investing
the available options are as follows:
COMPANY STOCK
DISNEY STOCK FUND
LARGE CAP
FID CAP APPRECIATION
FID GROWTH & INCOME
FID US EQ INDEX POOL
SEQUOIA FUND
MID-CAP
ARIEL APPRECIATION
CALAMOS GROWTH INST
VANG MIDCAP IDX INST
SMALL CAP
BARON GROWTH
ROYCE LOW PR STK SER
TAMARACK ENTRPRISE I
INTERNATIONAL
FID DIVERSIFIED INTL
Blended Fund Investments*
FID ASSET MGR 50%
FID FREEDOM 2000
FID FREEDOM 2005
FID FREEDOM 2010
FID FREEDOM 2015
FID FREEDOM 2020
FID FREEDOM 2025
FID FREEDOM 2030
FID FREEDOM 2035
FID FREEDOM 2040
FID FREEDOM 2045
FID FREEDOM 2050
FID FREEDOM INCOME
Bond/Managed Income
INCOME
PIM TOTAL RT INST
Short-Term Investments
FIDELITY INST MMKT
2007-12-23 05:50:07 · update #1
They match something at least ! You make 4% more than someone who doesn't get into the plan!
Now that you "feel" better, let's get you into the best funds from your list.
IF you can get into Fidelity Diversified International JUMP IN... if your young go 50% in there for awhile ( It's one of the best "internationals" around.
Also that Ariel fund does very well some years... and averages pretty decent.
... and Disney stock is NOT a bad place for about 10 or 15% of your money.
Good luck.
2007-12-27 13:37:23 · answer #1 · answered by jebediabartlett 6 · 0⤊ 0⤋
If you feel the company is puting your money in bad default stocks, why not pick your own?? Have you done any research on this?? What are the funds available to you?? What are their (funds) names & ticker symbols?? Lots of questions here.
Most fund plans even if they are not so good, have at least one saving grace. I had a bad 401k plan with mostly poor performing funds, and high expenses. My plan's one saving grace was a S&P500 index, which I put all my money into.
By the way a 50% match on the 1st 4% isn't too bad. Where else can you get a 50% return on your money. My last employer contributed nothing to my 401k.
2007-12-20 05:23:32 · answer #2 · answered by exactduke 7 · 0⤊ 0⤋
By "distribution" you apparently mean asset allocation. With 401(k) plans, you are limited to the investment options allowed by the plan. Some are better than others, and some allow self-directed brokerage accounts in which you can invest in virtually everything. So the first question is: what does your plan provide for investment options?
2007-12-20 10:03:44 · answer #3 · answered by npk 7 · 0⤊ 0⤋
The 401k administrator should have representatives available to help you decide on your allocation.
2007-12-19 22:53:17 · answer #4 · answered by jeff410 7 · 0⤊ 0⤋