Ouch. Did @RonBurgandy?????????? Give you a tip on something to bet on?
Your 401k Allocations.
- Thread starter kingOFchester
- Start date
Jkloc420
Do you need an air compressor or tire gauge
you can send landscaping money to it if you want
upschuck
Well-Known Member
Stocks tanked, I'll ride it out, no biggie
Jkloc420
Do you need an air compressor or tire gauge
your young so you can manage the ups and downsJust checked mine I'm down like 20 bucks
Matty_lawn
Poopin' on the clock
BSWALKS
Fugitive From Reality
Under the mattressI have a retirement fund from that as well
Matty_lawn
Poopin' on the clock
Under the mattress
Nah in the wall
specter208
Well-Known Member
Can anyone recommend what to invest my 401k in as a first timer. I am currently working part time. Making about 220-250$ a week.
Just start it now! They have a ton of online tools that will help you.
upschuck
Well-Known Member
S&P
I really hate giving people advice on how to invest their money. Too many variables and not everyone has the same risk tolerance.
I just encourage them to save.
upschuck
Well-Known Member
If they ask for it, I'll give it to them. Fairly a safe investment
At the same time you don't want to discourage someone by a bad market. Go back a decade. Put everything in the S&P and two years later you got slaughtered.
upschuck
Well-Known Member
Everything did, and it all rebounded. Playing in the market assumes some sort of risk.
It does. But it can discourage many from staying in the market. If you can't sleep at night with your allocation, it's not right for you.
upschuck
Well-Known Member
It is a relatively safe investment, a benchmark.
Depends when you get in. The market is near it's all time high and the PE is very high.
upschuck
Well-Known Member
So you want to time the market? S&P is a good first investment.
Maybe some of it, not all of it. What about international? Much lower PE ratio.
upschuck
Well-Known Member
Probably won't put enough to split, doubt they'll put that much in. International is riskier than S&P.
