401k managing tips/help

Tesla
amigoz

Go to company page Tesla

amigoz
Feb 20, 2020 5 Comments

noob when it comes to finances
so please excuse my lack of knowledge

wanted to get opinions on aggressive vs conservatives investment options offered by Fidelity

I'm sure I'll get advice on not managing my own 401k but would like to gets tips/thoughts on that as well

TC: 200k 3 yoe

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TOP 5 Comments
  • I mostly stick to bonds that consist of short term treasury securities.

    Those bonds are yielding 7-8%.

    3% of 401k is in money market funds; again cause of yield and I like to play around

    Super conservative cause I know S&P 500 not going to go any higher than it is.

    Upside potential is low, downside potential is high.
    Feb 20, 2020 1
  • Simplify your life and leave it to the professionals. Use a 3 fund portfolio with an asset allocation that you are comfortable with. Check bogleheads.com for more info.
    Feb 20, 2020 0
  • CloudBees / Eng
    rfXQ86

    Go to company page CloudBees Eng

    PRE
    CloudBees
    rfXQ86
    You have plenty of time and starting tour career.
    Go aggressive index funds that have low expense ratio and diversify over 3 funds taegetting the broad market. Then auto invest and dont look at it for a decade. Seriously, ull see tesla jump up and down and want to get in but tour better off having a solid base and invest small amounts of money for those lotto tickets
    Feb 20, 2020 0
  • T-Mobile / Eng
    El Amino P

    Go to company page T-Mobile Eng

    El Amino P
    The longer you have until retirement the more aggressive you can/should be. So, you’d have a higher percentage in domestic and international markets combined than bonds.

    As you inch closer to retirement you can start allocating more into bonds.

    I’m 35, not an expert. But I have something like 60% domestic 15% international 25% bonds.

    I’ve recently gotten a financial planner to help with these things. Waiting to actually meet with him.
    Feb 20, 2020 0