Posted by: ketama June 14, 2011
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I think this is a 2 part question.
FIrst if your company is matching 50%, I would take it to the maximum. You are already getting a 50% profit on your investment. (For every $1 you are getting $0.50 back).
Secondly, if you don't know too much about stocks and bonds (like I do), then look the annual, semi-annual or quarterly report your 401K company send you. Look at what groups has been making money in the last 3-6 months, invest in those groups. Atleast this way you are not losing money.
FIrst if your company is matching 50%, I would take it to the maximum. You are already getting a 50% profit on your investment. (For every $1 you are getting $0.50 back).
Secondly, if you don't know too much about stocks and bonds (like I do), then look the annual, semi-annual or quarterly report your 401K company send you. Look at what groups has been making money in the last 3-6 months, invest in those groups. Atleast this way you are not losing money.