2005SUBMARINER Posted March 2, 2007 Report Share Posted March 2, 2007 hey guys i have the chance the invest in these companys for my 401k . are these companys good to invest in >? or has any one here invested in these companys ? thanx .. Quote Link to comment Share on other sites More sharing options...
jfreeman420 Posted March 2, 2007 Report Share Posted March 2, 2007 I watch cramer on Mad Money and follow his advice. With the recent drop in some stocks he was suggesting Heinz, Clorox, General Foods and was really big on altria. I don't know if these would be good for a 401k because that is a very long term investment. I personally don't believe in 401k because I like to stay as liquid as possible. I have had clients try to liquidate ther 401k to invest with me and usually they get huge penalties or can't do it at all. If your company is matching your investment then it is worth it, but if not I would prefer something self directed. I am no expert and only know what I read but check out this forum: Mad Money Quote Link to comment Share on other sites More sharing options...
2005SUBMARINER Posted March 2, 2007 Author Report Share Posted March 2, 2007 I watch cramer on Mad Money and follow his advice. With the recent drop in some stocks he was suggesting Heinz, Clorox, General Foods and was really big on altria. I don't know if these would be good for a 401k because that is a very long term investment. I personally don't believe in 401k because I like to stay as liquid as possible. I have had clients try to liquidate ther 401k to invest with me and usually they get huge penalties or can't do it at all. If your company is matching your investment then it is worth it, but if not I would prefer something self directed. I am no expert and only know what I read but check out this forum: Mad Money HEY thanx for your help man ! realy appreaciate it ! i will do further reasearch , & my co in matching 100% Quote Link to comment Share on other sites More sharing options...
Jetsons Posted March 2, 2007 Report Share Posted March 2, 2007 Sub, for the forseeable future, stay mainly with USA "large cap" invested mutual funds. They benefit the most from overseas growth w/o having to invest in foreign markets. Those funds should pay a healthy dividend as well. I would avoid small caps. With your company matching 100%, I would invest the MAX amount ASAP. Darn good deal and a terrific way to save. Added: Based on the descriptions, large cap based funds would be #2 (Alliance Bernstein) & #10 (T. Rowe Price). You can probably research their respective historical ratings at mornigstar.com and at the company's web site. Quote Link to comment Share on other sites More sharing options...
2005SUBMARINER Posted March 3, 2007 Author Report Share Posted March 3, 2007 AWSOME THANX FOR your help man ! Quote Link to comment Share on other sites More sharing options...
qwert750 Posted March 3, 2007 Report Share Posted March 3, 2007 I work as a securities analyst for a firm not dissimilar from those you have available to you. Being relatively familiar with my competitors, I would stick with the AllianceBernstein Large Cap Value and the Fidelity Midcap Growth. I would also add a large cap growth - I see only the Columbus Circle mentioned - I don't know them but would assume it's ok. Between the 3 equity options, I would allocate 35% LC growth, 35% LC value, 30% MC growth. I would also add some fixed income in there (the first one in your list), perhaps 25-30% of your total - some people suggest 100 minus your age for your fixed income percentage exposure... If your not a professional, stay away from individual stocks - especially anything Kramer recommends - that guy is a joke (sorry to anyone offended) - everyone on Wall Street stares in amazement at anyone that follows him... Max out your contribution and never look back. Good luck... Quote Link to comment Share on other sites More sharing options...
2005SUBMARINER Posted March 3, 2007 Author Report Share Posted March 3, 2007 hey i realy appreciate all the good advice iv been given .. i enrolled today ! 15% .. take care & be well every one ! rock on .... Quote Link to comment Share on other sites More sharing options...
Watchmeister Posted March 3, 2007 Report Share Posted March 3, 2007 You have been given great advice. Quote Link to comment Share on other sites More sharing options...
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