The 401k: Is it a Good or Bad Investment Choice?

http://djellala.net Email istockmoney@yahoo.com The 401k: Is it a Good or Bad Investment Choice? The 401k is a saving plan. A lot of companies offer it for its employees. The employee can contribute to 6% of his paycheck or salary. Some companies match 100% others 50%. It has a lot of advantages and disadvantages. Please watch the video and tell me your opinion. I may forget some details so your suggestions and comments are welcome. Thank you for watching. If you are looking seriously to become a swing successful trader, you are in the right channel. This channel is devoted to all traders who want to learn trading with simple and easy strategies. There is no indicators and no moving averages here. All what you do is follow the uptrends in stocks. As usual if you have any questions or inquiries about any information in our channel or our training, let us know by writing to istockmoney@yahoo.com or commenting here on the videos. Please go ahead and click any link you want to know more. Free Training https://gumroad.com/l/PYkDh/freetraining Subscription Membership https://gumroad.com/l/EcqeL Training Levels by Videos Training Level 1 Djellala Swing Trading Strategies Basics https://gumroad.com/l/qDRM/march2016 Training Level 2 How to Search for Stocks Using Stock Screener https://gumroad.com/l/Eyjykz/march2016 Training Level 3 How to Search fro Stocks Using Industries https://gumroad.com/l/UFztD/march2016 Training Level 4 How to Select Stocks? https://gumroad.com/l/gMZbf/march2016 Training Level 5 How to Make Money from Stock? The Magic Formula https://gumroad.com/l/iWXI/march2016 Training Level 6 How to Protect your Trades Using a Stop Loss? https://gumroad.com/l/RcZZ/march2016 Training Level 7 How to Follow an Uptrend and Exit on Time? https://gumroad.com/l/tKjgH/march2016 Training Level 8 How to minimize risk and maximize profits? https://gumroad.com/l/PvAn/march2016 Training Level 9 Exceptions to the Trading Rules https://gumroad.com/l/eYigU/march2016 Training Level 10 How to Trade Penny Stocks the Right Way? https://gumroad.com/l/IcvKS/march2016 Training Level 11 How to Sell Short a Stock? https://gumroad.com/l/kgFTK/march2016 Training Level 12 How to Day Trade Using Candlesticks and the Chart? https://gumroad.com/l/Uxfm/march2016 Training Level 13 How to Buy from the Support Line? https://gumroad.com/l/Ieez/march2016 Training Level 14 How to Trade Call and Put Options? https://gumroad.com/l/BnsxS/march2016 Training Level 15 Trade Less than a Week Using Candlesticks https://gumroad.com/l/cTyy/march2016 Training Level 16 How to Invest Using Dividend? https://gumroad.com/l/eWbAH/march2016 Training Course and Lessons http://www.djellala.net/ Facebook https://www.facebook.com/makemoneytradingstocksfanpage twitter https://twitter.com/istockmoney VISIT OUR WEBSITE http://makemoneytradingstocks.net/

Comments

1. sir if i leave my company and join other company,can the 401k account be transferred or it is fixed within the former company and gone?
2. Largest government managed ponzi scheme ever. I would still put my money in it though. It actually wotlrks. lol
3. lol 401k will be poof soon :)
4. 401k is scam orchestrated by Wallstreet. The government has purposely kept interest rate too low for too long to push people to the market, which is entirely speculative. People need to wake up from this scam. Retirement age will go up, Alan Greenspan has been writing about it all the time.
5. great video , if i get the money after age 60 , how much % they reduce for tax
6. honestly our current economy is not going to last more than 5 years. Then will be the big push for cashless/digital credit and when that happens the government can pull money from wherever they want. It will be so easy for them to wipe out everyone's 401k if they wanted to. And I believe that they DO want to. I believe that that is the goal and that's how they will make everyone poor. they will hit the reset button and all the money you earned will be gone
7. 401k made me rich. I started 20 years ago. Anyone that tells you not to do it is a fool. 
8. Nice video. Now I know more about 401k.
9. Hi, 401k plan is different than 401k investment, right? I am out of college and just got a first full time job. I have ROTH and also I invested mutual fund, american balanced fund and investment company of america. When you are talking about risky, are you talking about the mutual fund I invested or the ROTH plan? I am kinda confused on these two things.
10. There are multiple problems of 401k. They only tell you about expense ratio but they do not disclose all the hidden fees.  You maybe paying as much as 5% in fees every year regardless of the performance of the market.   The 401K is designed for retirement funding, but you cannot really bet on it because it is invested heavily into the stock/bond market.  The tax bracket of withdraw is also not guaranteed.  You just assume that the tax will be lower when you retire, but history has proven otherwise.   Also you cannot invest into all the funds available so you cannot really diversify - for example if you want to buy gold index, it is not available to trade in your 401K plan.  So what you get is highly depends on what your employer allows you to trade and if you happened to have a bad luck and end up with employer like Enron, you can kiss your 401K goodbye because you would end up losing your shirts.  There are so many rules to prevent you from withdrawing from 401K and doing so will hurt you.  But in real life 401K is invested in long term and chances are that you may end up in economic rut and end up dipping into this money - in which case you will be severely penalized with taxes with is counter productive because it will hit you the hardest when you need the money the most.
11. The problem is when you repay 401k loan you are doing it with after tax money and effectively forgo the tax benefits. In my opinion no money should touch 401k without getting the tax defferal. By the way it is not a tax deduction but a tax defferral where one will pay tax when the distribution is taken at retirement. There is also a consensus amongst many professionals that taxes are likely to increase in the future so the distibution may be taken at a higher tax bracket.
12. Is it worth investing in a company 401k without matching or should I put it in something else through a bank or someone else?  
13. Very good video. In addition I want to add that I usually leave 70 percent cash and 30 percent stock. If cash not allowed then a fund that doesn't move.I.e. money market. They say there is still risk but more or less it remain constant. This way your 401k grows even faster. At times I leave it at 95 percent cash with 100 percent company matched.
14. Thanks for the insight.
15. thanks and welcome.
16. good explanation