starting up my 401k..need advise

hello my job just offered a 401k plan with 4% match. It will be administered through Merrill Lynch. i just turned 30 years old. I want to invest in cellphone technology as well as apple, google, ibm etc i.e. Tech stocks..any advise, recommendations, things not to do etc etc?? i will be meeting with a rep from merill lynch within the next week... thanks !!

Definitely get the maximum match available. 

You should be maxing out your contribution, the ammt is over 16k, if you can afford it you should put in as much as possible.

I would be in cash, not a bond fund or stock fund..just money market.

Set your contribution % as high as you can afford, set it to invest it in a 2050 target date fund and then don't mess with it. 

Target date funds usually have extremely high fees. You must put in the minimum amount to receive the fill 4% match.

*full

vanguard...

keep some in cash... cash is an asset

companies that could change the world, IE:  DDD or TSLA

however u want to be safe, coca cola, pfizer, and clorox

Stop messing with stocks for your IRA and work with mutual funds.  Stocks should be reserved for your "mad money".


Ever hear of the KISS method? Keep it simple stupid.  Heard that from an old college professor.

Stick to Index Mutual Funds for your IRA or 401k.

invest in a vanguard fund-choose the one you like best 

tried to help u out. tsla up 23% today and DDD is up a lot this week.

your 401k ( you probably have over 100k in it ) would have went up 15+% in a few days w00t

tsla going to 100 in a few months prolly.

Yea tesla has been on fire lately. Good call.

one man says he has put his money where his mouth is.

Sam Cornwell, a 32-year-old student in the United Kingdom with a wife and a 10-month-old son, said he invested his personal life savings — about $25,000 — in Tesla back in September when the stock was trading at about $27.50 a share. An article on a tech blog last year initially piqued his interest. After he researched the company and learned more about its chief executive, Elon Musk, he was sold.

“I just poured it all in,” Cornwell said in a phone chat with MoneyBeat Thursday evening. “I’m not a stock expert or an analyst. I just read the news and I believe in the story.”

Cornwell’s actions exemplify how individual investors have a tendency to get swept up in the whirlwind surrounding high profile stocks. One year ago Facebook‘s One man bet the money he saved to put his daughter through college on Facebook shares, a move that isn’t look so good now with the stock down about 30% from its IPO price.

BOSS****^^^^

tsla down, ddd up ATM

nokia, kids want headsets not phones, its the new trend.


3.76$   monday may 20th

WOW there a multi billion dollar company with all these patents and technologys and they are only trading at 3.76???????

I think i wanna load up on them now !!!! thanks good looking out hotdamn85

you are a tech guy, do you know what abitcoin is?

what u think about them?

bitcoin is good for online purchases beat paypal and 3% fees etc

but dont invest $ can just disappear and no one will help u get it back

My brother in law had 360k amassed in his 401k with Vanguard.  He died unexpectedly in08 and it went to closest living relative his mom, then 94 yrs old.  Tried a rollover to avoid taxes but Vanguard said only spousal rollovers were allowed not mother and son.  Paid over 100k in taxes, 25 more in state taxes.  Told my CPA if a 95 yr old can get a tax break and he said no, only oil co get tax breaks.  darn!  Fortunately the money got out in time and the market crashed with the mortgage inv. meltdown of 2008,  mother in law died the following year.

124$$$$$$ OMG did u listen?!?!?!?!?!!??!?


hehe

Looking at Pacific Life and Templeton Investment Funds.  Mostly for security and liquidity.  Mostly with funds from my IRA that was rolled from TransAm.  I tried to get the total amt. rolled over to protect from taxes but those shits withheld 20% from the surrender value and I told them I wanted it back for my rollover they said they already sent it to the IRS.   My fault as I initially checked lump sum surrender on the form but my investment advisor said bad idea and spoke to a TransAm rep via phone and the guy said I can initial my mistake and ask for full surrender value so I could do a 60 day roll over to avoid taxes.  They direct deposited the lump sum minus the 20% damn.

over 5$$$ NOW 5.25 atm ... sept 3....    $$$

gold only don't say you were not warned

tesla 166$

I hope you are taking some profits in TSLA.  Unprofitable company with a forward P/E of nearly 180  

 

And about to breach its 50 DMA.   Look out below ! !!!