Warrior General Games

Finally got around to making a 401K plan, decided to be a lazy ass with it and just put 50% of my investment into a long-term conservative stock to bond automanaged deal and 50% in a large cap stock only deal.

I know next to nothing about any of this so that's just kinda what I went with. Good or no?

Originally posted by rams78110
Finally got around to making a 401K plan, decided to be a lazy ass with it and just put 50% of my investment into a long-term conservative stock to bond automanaged deal and 50% in a large cap stock only deal.

I know next to nothing about any of this so that's just kinda what I went with. Good or no?

How old are you?

~20 year old

So is that a yes or no?

Originally posted by rams78110
So is that a yes or no?

i think you should get more aggressive, since you are so young.

Originally posted by foshizzel17
i think you should get more aggressive, since you are so young.

Fair. So I should go more stock-heavy and look for higher turnaround rates? Or is that what turnaround rate means on a plan?

risk for risk's sake while you're young is a bit of a canard, especially for retirement purposes.

Originally posted by rams78110
Fair. So I should go more stock-heavy and look for higher turnaround rates? Or is that what turnaround rate means on a plan?

Is this something you are starting through your employer or something you are doing on your own?


**im obviously not as versed in this subject as Cuiv

Originally posted by Catullus16
risk for risk's sake while you're young is a bit of a canard, especially for retirement purposes.

i agree, but he should be trying to grow his money now, and back off the risk as he gets older.

I started a 401k with my current job about 14 yrs ago, and i didnt do much research and went with the set it and forget it plan. i really didnt get much out of it when the stock market went crazy this past 5-6 yrs. Then my wife inherited a good chunk of money last year so ive been doing a lot more research lately and have been trying to learn as much as possible.

Originally posted by foshizzel17
Is this something you are starting through your employer or something you are doing on your own?


**im obviously not as versed in this subject as Cuiv

Through my employer. They're matching my 6% bi-weekly

Originally posted by Catullus16
risk for risk's sake while you're young is a bit of a canard, especially for retirement purposes.

Originally posted by foshizzel17
i agree, but he should be trying to grow his money now, and back off the risk as he gets older.

That's the second 50% I put my investment into. It starts off heavy stock with bigger risks and as it gets closer to my retirement, it moves more towards bonds and utilities, stable stuff.

My employer (Battelle Memorial Institute) uses Vanguard, I went with the set it and forget it retire at age 65 plan. They automatically adjust my portfolio each year, making it more conservative the closer I am to retirement.

I know jack shit about the stock market, but I do see that multiple Vanguard funds are at the top of the list on the mutual funds as far as gains go, so I assume they are doing well.

And yes, I am also retired from the Army, but that only pays the bills if I choose to live alone on a 1/4 acre lot in a trailer eating ramen and riding a bike or walking.

Originally posted by foshizzel17
i agree, but he should be trying to grow his money now, and back off the risk as he gets older.

so the key part of my sentence was "for risk's sake"

growth and risk are not mutually inclusive.

Originally posted by rams78110
That's the second 50% I put my investment into. It starts off heavy stock with bigger risks and as it gets closer to my retirement, it moves more towards bonds and utilities, stable stuff.

T = ln(2)/ln(1+r)

you're not going to be retiring for almost a half-century, right? how many times do you want to double your money?