Posted on May 31, 2010.
Investing in a Bear Market ... Putnam 401k choices? 401K advice ... I'm 27 and I want to know if I'm heading in the right direction.
My 401K is a company of Putnam.
Not the greatest. I recently made some changes and I wonder if anyone out there has experience or advice for me on my choices. I'm really a novice when it comes to my investments.
I contribute about $ 370 per month to my 401k
(My company is 5% of my contribution to a vesting schedule -
I am currently invested 40%)
Not a lot of money, but better than nothing!
I changed my distribution to the award of 20% to each of the following:
FEES: gross annual expense ratio -% (AGER)
T Rowe Price PABGX Blue Chip Growth (AGER 0.95%)
RGACX Growth Fund of America (AGER 0.96%)
(No symbol?) S & P 500 Index Fund Putnam (AGER 0.35%)
Van Camp ACGIX Growth & Income (AGER 0.77%)
PDDXX Putnam Money Market Fund (AGER 0.54%)
I also have about 5k in PABAX Putnam Asset Allocation Balanced (AGER 1.09%) and
I have about 1700 in PAEAX Putnam Asset Allocation Growth (AGER 1.16%)
If you have any suggestions ... I would love to know why I should change or remain the same!
Thank you for seeing my question!
My other options with my colleagues. sponsored plan are:%%%% PACAX/1.18 PNOPX/1.17 GTSAX/1.23 PVOYX/1.14 DSEFX/1.24 POVSX/1.25%%%%%% SRVEX/1.04 LSBAX/1.36 PNRAX/1.25 PCOAX/1.23 LAVLX/1.10% PEYAX / 1.11% PGEOX/0.98 PNGAX/1.35%%% LAFFX/0.81 PMVAX/1.23 PTRAX/0.68%%% PAGVX/1.13 PINCX/1.07%
Index Funds. Anyway, 401k is for the long term. Just continue to invest. With the mapping that you'll do great.
seek funds and their star ratings of the morning, and past performance (10 years)
nobody will do your work for you.
Funds are not really making money for you, 90% of all funds suck.
And remember, the 90s are over.