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teamster 401k questions?
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<blockquote data-quote="But Benefits Are Great!" data-source="post: 360758" data-attributes="member: 15794"><p>I could not agree more.</p><p> </p><p>From what I've seen in the funds offerred in the Teamsters 401K, all of the funds are down - for the short term. I set up 10% of my income to go to the most aggressive funds they offer. It is classic buy low, sell high.</p><p> </p><p>Most common mistake new investors make (in my humble opinion only) is they read investment magazines trying to find which fund has had the most gain, then they invest in that fund.</p></blockquote><p></p>
[QUOTE="But Benefits Are Great!, post: 360758, member: 15794"] I could not agree more. From what I've seen in the funds offerred in the Teamsters 401K, all of the funds are down - for the short term. I set up 10% of my income to go to the most aggressive funds they offer. It is classic buy low, sell high. Most common mistake new investors make (in my humble opinion only) is they read investment magazines trying to find which fund has had the most gain, then they invest in that fund. [/QUOTE]
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