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im 25 and know nothing about investing. anyways i decided i should start in my 401k program at work after putting it off for a few years. i thought some of you might have some good recommendations for me on which funds to pick. i only have about $200 a month going into this right now and i think i get 20% matched every quarter or something. i have no plans for withdrawing from the fund and am not super adverse to risk. right now i have money going equally into these 4 funds which i picked fairly randomly:
American Funds EuroPacific Gr R4 Royce Low-Priced Stock Inv SSgA S&P 500 Index Vanguard Target Retirement 2025 and i have these others to pick from: Delaware Trend A Dodge & Cox Income American Funds Grth Fund of Amer R4 Hotchkis and Wiley Mid-Cap Value I Loomis Sayles Bond Instl Morley Stable Value Fund MF4020 Oppenheimer Capital Appreciation N Van Kampen Growth and Income A Vanguard Target Retirement 2015 Vanguard Target Retirement 2035 Vanguard Target Retirement 2045 Vanguard Target Retirement Income they really mean nothing to me. i think ive made $3 in profit so far this year with the ones ive picked and i dont know if thats good or not but maybe there is a really good one that i am missing out on. or maybe i should spread it out more or put it all in one. any advise? thanks! |
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