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401k Plan - Self Managed Account
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<blockquote data-quote="beentheredonethat" data-source="post: 107875" data-attributes="member: 4886"><p>I've done self managed for a while. I liked it and enjoyed investing my own money. However, I got to the point where I had a sizable % of my investment in the self managed fund and it started to become a chore instead of enjoyment. At that point I switched back a lot of money into the regular funds and invest about 20% of my money in self managed. It's now at the point if I do well with the stocks I really help out my retirement, but it's not too much where it is no longer enjoyable. If you do go the self managed route, make sure you get the links to the web site to buy and sell your orders. The first few months I did it, I did it by phone and the commisions were incredibly expensive. The commisions on the web are a lot cheaper, but it's still more expensive then it should be. It's about 30 per transaction for up to 1000 shares of a stock. After 1000 shares the price goes higher.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 107875, member: 4886"] I've done self managed for a while. I liked it and enjoyed investing my own money. However, I got to the point where I had a sizable % of my investment in the self managed fund and it started to become a chore instead of enjoyment. At that point I switched back a lot of money into the regular funds and invest about 20% of my money in self managed. It's now at the point if I do well with the stocks I really help out my retirement, but it's not too much where it is no longer enjoyable. If you do go the self managed route, make sure you get the links to the web site to buy and sell your orders. The first few months I did it, I did it by phone and the commisions were incredibly expensive. The commisions on the web are a lot cheaper, but it's still more expensive then it should be. It's about 30 per transaction for up to 1000 shares of a stock. After 1000 shares the price goes higher. [/QUOTE]
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