Tips for Investing 401k Plan Effectively



This is Peter of Jim ROgers fan and we will talk about economy. Investing Q: I recently began employment with Amazon.com in one of its fulfillment centers. I have the opportunity to participate in the company 401(k) plan, which is managed by Vanguard. I am 29 years old. The company plan offers many investment options, and I don’t know which ones to choose. Amazon does company matching contributions — 50 cents for every dollar I contribute, up to 4 percent of my eligible compensation in a payroll period. I am paid weekly. I plan to contribute 8 percent of my salary to the plan. Amazon’s matching contributions are initially invested in the company stock. I read that company stock is considered riskier than a stock mutual fund. Is that true? I have the option of transferring my matching contributions from the company stock fund to any other investment option offered by the company 401(k) plan. Should I do that? The plan offers a long list of moderate to aggressive funds, managed funds and index funds. And there is a wide range of expense ratios, with the highest at nearly 1 percent. The plan states that none of the funds have a sales charge, redemption fee or a deferred sales charge. For newest tips and predicition Don't Forget To subscribe http://youtube.com/subscription_center?add_user=MrJimRogersChannel Blog: http://jimrogersunofficial.blogspot.com/ Facebook Page: http://fb.me/jimrogersunofcl Twitter : https://twitter.com/jimrogersunofcl . Video used under fair use, commentary placed on description. Copyright owned by respectivew owner. We are re-share it.

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