Growing Up Is Hard To do
I received my 401(k) package today and am going over my investment opportunities. Does anyone know about investing? I'm putting in 30 percent of my before tax income, and thinking of investing in a mix of conservative and high-yield funds. I am having a lot of reservations, as far as risk goes. There are no guarantees that a 401(k) will give you as much as you put in, although my mom won't stop singing their praises. My plan starts with a 4 percent match, followed by a 25 percent match (I'm not sure when that starts) and so on.
I have very little faith in the domestic market, so I'm trying to focus on companies with holdings internationally, especially in say, China, which seems to be undergoing a renaissance of sorts. At the same time, a lot of domestic companies deal with foreign markets, be it through outsourcing or product distribution.
Anyhow, I've decided on a 40/35/25 blend. I have a lot of hope for the international market, some for ours, and allocated the rest towards a growth-oriented blend of pre-determined investments.
The best part about this is that it gives me control over my savings, I can change the allocations of both my pay and the manner it is distributed into investments on a weekly basis, as I'm sure I won't like my 30 percent decision soon, when I end up needing to buy nice things.
However, I am concerned about splitting my paycheck between the 401(k) and the discounted Starbucks stocks I can purchase soon. More to grow on.
Love and kisses,
- Dirge de Valeur, who sounds forty
I have very little faith in the domestic market, so I'm trying to focus on companies with holdings internationally, especially in say, China, which seems to be undergoing a renaissance of sorts. At the same time, a lot of domestic companies deal with foreign markets, be it through outsourcing or product distribution.
Anyhow, I've decided on a 40/35/25 blend. I have a lot of hope for the international market, some for ours, and allocated the rest towards a growth-oriented blend of pre-determined investments.
The best part about this is that it gives me control over my savings, I can change the allocations of both my pay and the manner it is distributed into investments on a weekly basis, as I'm sure I won't like my 30 percent decision soon, when I end up needing to buy nice things.
However, I am concerned about splitting my paycheck between the 401(k) and the discounted Starbucks stocks I can purchase soon. More to grow on.
Love and kisses,
- Dirge de Valeur, who sounds forty