401K

Out of context: Reply #21

  • Started
  • Last post
  • 22 Responses
  • formed0

    I would go very conservative in this environment. Get something that focuses on long term growth and dividends. Compounding interest will make tons for you by the time you retire. Something like Vangaurd's Wellesly or Wellington funds.
    Dollar cost average in and you'll be amazed at how it grows over the years.

    Being aggressive in this market is akin to suicide.

    Keep in mind that those percentage break downs only work with X amount invested. Most mutual funds require at least a few thousand to start (another advantage to ETFs).

View thread