harcharik
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Cash: $ 5.30
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Joined: 19 Dec 2007
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| 410K investment options |
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Through my 401k at work I have different options to choose from. Right now I have 100% in the T Rowe 2040 fund (TRRDX). Another option I have is the Cox Dodge (DODGX) fund. Trying to do some research, I found that the Cox Dodge fund is very good, according to most people. Looking at the past history is seems good, but the T Rowe fund seems about the same. Any thoughts on which fund might be better?
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Wed Dec 26, 2007 10:01 pm |
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pf101
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Location: Portland, OR
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These are two completely different kinds of investment. You *really* need to sit down and figure out what your goal are and what an appropriate asset allocation to meet those goals would be.
If you continue to just invest willy-nilly in what sounds good you run a very real risk of doing damage to your financial future.
Personal Finance 101
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Thu Dec 27, 2007 3:33 am |
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Apollo
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Location: New York
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I agree with pf101. You need to sit down and decide what you want. Past perfomance is no guarantee for future performance and 'according to most people' should never be a criteria for an investment decision.
It is not smart to play it safe but it is safe to play it smart.
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Fri Dec 28, 2007 9:10 am |
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harcharik
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Cash: $ 5.30
Posts: 24
Joined: 19 Dec 2007
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I appreciate the feed back. I just want opinions on what funds might be my best opition. My goal of course, is to try and make as much money as possible in my 401K. I am young and willing to be aggressive on my investments. I am investing in the following currently.....
S&P 500 Index
Dodge and Cox International Stock (DODFX)
Dodge and Cox Stock (DODGX)
Dodge and Cox Balanced (DODBX)
T Rowe 2040
Any thoughts? Thanks
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Wed Jan 09, 2008 11:08 pm |
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401kDave
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| 401k adviser |
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Just send me the total fund choices you have and i'll show you an allocation with the funds. The target dated funds are the no brainers, you just put your money in them and let them do the rest. if you pick managed equity funds or managed index funds which would be the other choices you have, there is more work on your part, but you can also create custom allocations that could render greater returns. it's good to consider both plans of attack. Sometimes your plan will have a good selection of equity funds and it's worth the extra time. Others have poor returning funds and you'd be better off just using the target fund.
Target funds automatically get more conservative as you get closer to the target date.
Dave
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Fri Apr 11, 2008 3:37 pm |
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harcharik
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Cash: $ 5.30
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Joined: 19 Dec 2007
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The Northern Trust Stable Asset Fund
The PIMCO Total Return Fund-PTRAX
Dodge and Cox Balanced Fund-DODBX
Dodge and Cox Stock Fund-DODGX
The Northern Institutional Equity Index Fund-BEIAX
The American Funds Amcap R-4 Fund-RAFEX
The Marsico Focus Fund-MFOCX
The Templeton Foreign Fund-TEMSX
The Royce Premier Financial Intermediary Fund-RPFFX
T. Towe Price Income Fund-TRRIX
T. Rowe Price 2010, 2020, 2030, 2040 Funds
Those are my options at this time........
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Fri Apr 18, 2008 4:53 pm |
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401kDave
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| Nice choices |
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I don't noremally say that either. You must have an Adviser vs. a broker on this plan, or someone twisted your brokers arm....hard. You have uncommonly good fund choices and even your target dated funds are the best ( T.Rowe are the top performers in the target category but they get that by taking a bit more risk and chasing returns.)
Depending on yor age and time frame to retirement I'd be looking at individual funds to allocate your balance. i created a spread sheet from morningstar and put in the best funds that I normally use for custom 401k plans. My funds barely beat yours. You should be thankfull someone's doing pretty good job.
But....it could easily be better. You and a few fello employee need to ask them (HR & Broker for atleast a toprated small blend fund (RYVFX) or small index and some international choices, such a world stock and emerging markets(Lzoex or GBEMX). These are very powerfull for future returns.
PM or email me for more details about your current funds.
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Fri Apr 18, 2008 5:47 pm |
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harcharik
Member
Cash: $ 5.30
Posts: 24
Joined: 19 Dec 2007
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I am 27. I have some in DODGX, DODFX, MFOCX and T. Rowe 2040 funds. What is your opinion as to where I should put my money?
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Fri Apr 18, 2008 10:09 pm |
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401kDave
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| Not an official recomendation |
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If this were my account and I'm not expecting a large inheritance or to win the lottery, Plus I can stomach the ups and downs to look for better returns.
25% RAFEX or MFOCX both good funds
25% DODGX
20% RPFFX
30% DODfx
Pretty simple but starting off it doesn't have to be complex. Also try to increase your contributions at least once a year unless you're already putting away 15-18%.
The first $5000 is the toughest then it starts to grow, of course not in times like todays markets but you should love these down markets, you're buying more shares on sale for the future and that is a real booster for your balance in the long run.
By the way who manages this account? Who is the broker or adviser? IS there a big name provider on this like Priniciple or fidleity (I doubt it)?
You should thank who ever brought this planto your company and tell them to keep up the good work. Since you are now telling me that they have international funds all they need is the Royce Small cap and this is a top notch 401k.
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Thu Apr 24, 2008 2:18 pm |
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amitkum
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Location: Bangalore
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| I agree |
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quote:
Originally posted by Apollo
I agree with pf101. You need to sit down and decide what you want. Past perfomance is no guarantee for future performance and 'according to most people' should never be a criteria for an investment decision.
Ah, yeh, I think you're right. You're more up on that stuff.
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Mon Aug 02, 2010 11:16 am |
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TraderSmits69
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I agree that you should probably talk to a professional at least once for an hour - it could end up being your best investment ever!
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Mon Aug 02, 2010 8:58 pm |
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Ashley Watson
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Location: USA
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| Re: 410K investment options |
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Financial benefits obtained out of 401k plan account investments are tax-deferred till these earnings are withdrawn by the employee. It gives an advantage to the participant of the 410k plan by allowing him to accumulate tax-free compound interest on his contributions and investment earnings over the years.
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Tue Aug 31, 2010 2:21 pm |
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buzinesspro
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| investment option |
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The TSP is one of three components of the Federal Employees Retirement System and is designed to closely resemble the dynamics of private sector plans. It is also open to employees covered under the older Civil Service Retirement System
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Fri Sep 03, 2010 8:41 am |
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crownofhonor
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Location: nigeria
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| the choice is there for you to make |
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After retirement, you may only wish to head towards a few peaceful moments at the end of a lifetime of toil. The purpose of funds in the various pension plans is to meet your future needs when you may not be able to go out in the market and sell your skills
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Wed Sep 08, 2010 2:11 pm |
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JGW
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Joined: 14 Sep 2010
Location: United States
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A friend of mine works at a company that doesn't offer a 401k and I've mentioned to him that he should start a Roth IRA to start saving for his retirement. Can any of you recommend a reputable company that can help him manage it. Preferably one that would allow him to mange and adjust it online.
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Tue Sep 14, 2010 9:20 pm |
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