Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
401k help?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="satellitedriver" data-source="post: 298864" data-attributes="member: 1664"><p>You can do the same in the Teamster 401k self managed account, but it is for someone who knows something about investing, IMHO.</p><p>I would suggest a novice just put their money into the S&P 500 fund ,while they are learning about investments.</p><p>Dollar cost averaging into the market allows you to buy low when the market is down and conversely buy when it's high. The average return of the S&P, over time, has been in the 10 to 11% range.</p><p>The S&P is the benchmark that all mutual funds try to beat and 80% of them fail to over the long run.</p><p>ETF's/ REITS/Shorts/Pulls ect... are not for the inexperienced.</p><p>Having said that, there is money to be made out there.</p><p>Please, do your due diligence(fancy way of saying read a lot of boring financial data) before you invest.</p></blockquote><p></p>
[QUOTE="satellitedriver, post: 298864, member: 1664"] You can do the same in the Teamster 401k self managed account, but it is for someone who knows something about investing, IMHO. I would suggest a novice just put their money into the S&P 500 fund ,while they are learning about investments. Dollar cost averaging into the market allows you to buy low when the market is down and conversely buy when it's high. The average return of the S&P, over time, has been in the 10 to 11% range. The S&P is the benchmark that all mutual funds try to beat and 80% of them fail to over the long run. ETF's/ REITS/Shorts/Pulls ect... are not for the inexperienced. Having said that, there is money to be made out there. Please, do your due diligence(fancy way of saying read a lot of boring financial data) before you invest. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
401k help?
Top