Investor Help (NO Ihub questions)

[Gixene]

cintrix,

"Your 401k should give you a list of what funds you can invest in - do that - put them in mutual funds - don't try and trade them yourself."

I don't plan to trade my financial benefits from my employer. I wasn't aware trading mutual funds was possible or profitable. I was under the impression I would distribute a fixed income each paycheck that would go towards that investment(s).

"If you want to trade, then do that on the side with other money. Not with your 401k money. I am really not sure what you are talking about when you say I plan to keep 401k investments separate from stock investments - if you are in mutual funds, a good deal of them are stock funds. Some are bonds, but those are the more conservative funds and you are young so I would suggest you put more in the stock funds. Maybe you mean your trading account. That is fine. Put whatever you can afford to lose in that and trade and get a feel for it and you can even compare how well you are doing vs your 401k."

I'm sorry for not being clear. I meant keeping employee financial benefits separate from trading benefits. Good idea about coming the two investments though.

"Usually when a company allows employees to buy stock at a cheaper price there are restrictions on when you can cash them. Some companies do matches - say for every 20 you buy they give you 5 - but you usually have to wait until they are vested to sell - probably every company has their own time period."

I'll be sure to ask my employer today at work.

Usually when a company has a savings plan they have a representative you can talk to regarding how to allocate your money.

Because our company is small, but growing quickly. There is not human resources nearby. I would have to reach them over the phone.

"And please watch this:

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I haven't had the time, but I will need to research 401k's and mutual funds. I don't quite understand what he is explaining. Like I said above, I had no clue it was possible or profitable to trade mutual funds or 401k's. As I stated, I will be sure to learn more about these investments.