|
Re: Stock Market
Here is what the 401(k) advisor at my old company told me. Have a diversified portfolio and be sure to have monies distributed across different degrees of risk.
The younger you are, the easier it is to go with higher risk options (International/Foreign Funds, Small Cap Funds, some Mid Cap funds). The closer you get to retirement, the less risk you want (as to not lose your shirt) in your portfolio (some Mid Cap, Large Cap, Gov't Bonds, Money Market). Morningstar provides some in depth analysis of all the Munies out there.
If the option is available, and you're unsure of your financial prowless, see if your 401(k) has options for "Profile Series". These are pre-diversified options that let the fund managers choose what is in your profile. Most are split between Conservative, Moderate and Aggressive (to varying degrees).
|