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Can anyone recommend a good website to teach me the basics of investing my 401K?

Wed, Dec 16, 2009

Financial Q&A

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I have very basic knowledge of investing in stocks and have actually built a small portfolio over the past 13 years or so. However, I have no idea how to invest 401K money where I have to choose from limited funds and investment vehicles. I’ve read several books and they all seem to contradict each other in their advice. Can anyone recommend a good website or book that will help me understand the basics so I can make my own decisions? Thanks!

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3 Comments For This Post

  1. mister_galager Says:
    December 16th, 2009 at 3:20 pm

    Here’s a few websites that I have used. . .

    http://www. fundadvice. com/401k-help/401k-plans/401k-help-introduction. html

    http://www. 401khelpcenter. com/

    http://moneycentral. msn. com/investor/partsub/funds/401k/start. asp

    And here’s a really good site that you can enter the ticker symbol of the funds available to you and get all the scoop on them. . .
    http://portfolio. morningstar. com/NewPort/Free/InstantXRayDEntry. aspx?tsection=toolsxray&dt=0. 7055475

    Hope this helps.

  2. jebediabartlett Says:
    December 16th, 2009 at 3:56 pm

    I think mister galager ( answer above) provided the sites. . . down in the right hand corner of that moneycentral page is ” beginner’s investing”. . . but I think you may already be beyond that if you’ve been handling stocks for 13 years.
    The ” limited funds” portion of your question makes it hard to help. . . no one but you knows how limited. . . hopefully the plan administration has a web- site where you can compare performance of the offered funds. . . . that’s your best bet. If you can look at ” holdings” and you know something about stocks, that’s another way to compare.
    I think what you’re really looking for is some kind of ” allocation” guide. How risky or conservative you should be. . . and at what age. I have found that most advisers are a little on the conservative side. . . and they tend to ignore or under estimate the growing benefits of ” international” or ” global” funds. . . . if there are one or two in your available funds, don’t be afraid to go in at 15 or 20 or even 25%. . . . even the best performing American companies are the ones that do a good percentage of their business outside the U. S. ( Why shouldn’t you get on the bandwagon)
    Sorry I went way off-topic, good luck.
    Sorry, again, but I just saw these couple of headings that MAY be what you’re looking for. . at; http://finance. yahoo. com/education/begin_investing
    In the middle of the page. . . a few headings about ” allocation” and ” portfolio theory”

  3. touzi l Says:
    December 16th, 2009 at 4:33 pm

    Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.

    http://www. investingtutorial. info/

    wish it will help you.

    Good Luck , Best Wishes!

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