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401K Investments (Which one?)

Discussion in 'BBS Hangout' started by clutch citizen, Sep 25, 2009.

  1. clutch citizen

    clutch citizen Member

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    This is my very first 401K form. Just wanted to see what advice the finance gurus had


    • AABTX
      AADTX
      AAFTX
      AAHTX
      ANWPX
      CWGIX
      AGTHX
      CSNXX
      OMGNX
      OPMNX
      QGRNX
      OSINX
      CGRNX
     
    #1 clutch citizen, Sep 25, 2009
  2. MoBalls

    MoBalls Member

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    Your pole sucks...thats what she said.
     
    #2 MoBalls, Sep 25, 2009
  3. No Worries

    No Worries Member

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    You might want to give us the names of these funds in addition to their symbols.
     
    #3 No Worries, Sep 25, 2009
  4. xcamm1

    xcamm1 Member

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    If you are giving advice on this topic im pretty sure you know what these symbols already mean.
     
    #4 xcamm1, Sep 25, 2009
  5. juicystream

    juicystream Member

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    Those are the two I am invested in.
     
    #5 juicystream, Sep 25, 2009
  6. ima_drummer2k

    ima_drummer2k Member

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    Yes, any FA worth his weight should have every single mutual fund ticker symbol memorized.....
     
    #6 ima_drummer2k, Sep 25, 2009
  7. BmwM3

    BmwM3 Member

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    Wait, what's an FA? :p
     
    #7 BmwM3, Sep 25, 2009
  8. LonghornFan

    LonghornFan Member

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    WGAF
    FML
    FTW
    FTL
    EAD
     
    #8 LonghornFan, Sep 25, 2009
  9. Fatty FatBastard

    Fatty FatBastard Member

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    No kidding.

    There are more mutual funds than stocks, currently.
     
    #9 Fatty FatBastard, Sep 25, 2009
  10. clutch citizen

    clutch citizen Member

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    Sorry guys. I'm at work, but here are the names of the symbols

    AABTX - American Funds 2015 Target Date A
    AADTX - American Funds 2025 Target Date A
    AAFTX - American Funds 2035 Target Date A
    AAHTX - American Funds 2045 Target Date A
    ANWPX - American Funds New Perspective A
    CWGIX - American Funds World Growth & Income
    AGTHX - American Funds World Growth Fund of America A
    CSNXX - Oppenheimer Cash Reserves N
    OMGNX - Oppenheimer Main Street Fund N
    OPMNX - Oppenheimer Main Street Small Cap N
    QGRNX - Oppenheimer MQuest Balanced Fund N
    OSINX - Oppenheimer Starategic Income N
    CGRNX - Oppenheimer Value Fund N
     
    #10 clutch citizen, Sep 25, 2009
  11. clutch citizen

    clutch citizen Member

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    How's that going for you?
     
    #11 clutch citizen, Sep 25, 2009
  12. No Worries

    No Worries Member

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    Pick the one closet to your retirement date and you are good.
     
    #12 No Worries, Sep 25, 2009
  13. K LoLo

    K LoLo Member

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    I second this. Who is your 401k with?

    If you pick the one with the target for your retirement date, they automatically adjust the aggressiveness for your situation.

    For example, if you're retiring 2045, they'll be more aggressive now and try to make you more money. As time goes by they switch it, automatically, to more conservative investment decisions.

    My 401k is up around 27%.
     
    #13 K LoLo, Sep 25, 2009
  14. juicystream

    juicystream Member

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    Its all relative. I've only been in them for a couple of years, and of course lost a ton with the recession. They have bounced back some though. They have both followed the market. I have no plans on switching, but I'm an accountant, not a financial advisor. They were recommended to me by my guy at Edward Jones, and my friend at LPL thinks they are good funds as well.
     
    #14 juicystream, Sep 25, 2009
    Last edited: Sep 25, 2009
  15. K LoLo

    K LoLo Member

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    Trust what his guy says, sounds right.
     
    #15 K LoLo, Sep 25, 2009
  16. juicystream

    juicystream Member

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    Dfaohgaohgpajdfa

    Grammar Police strike me down again. :eek:
     
    #16 juicystream, Sep 25, 2009
  17. K LoLo

    K LoLo Member

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    Just joking with you... :cool:
     
    #17 K LoLo, Sep 25, 2009
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