Quote:
Originally Posted by dbeach  I assume you mean you have a 401k plan thru your employer. Ask your employer (or whomever your employer has handle your plan) to give you the investment options within the plan and also ask them how each fund has performed year to date, month to date and since the market has been extremely volitile, week to date). I would then ask someone with a bit of knowledge to help you with your choices. |
Yes, It is thru my employer. I work for a big bank, so they have different investment options. I went with the one that hubby told me since he is more knowledgeable about those things. He checked the history and the option he gave me which is Europacific has done really well for the last 5 years. Last week I was talking to one of the financial consultants about 401 k and somehow the conversation led to the investment options. I told him that I had everything in Europacific and he told me that it wasn't a good idea to do so, cause you loose everything so he recommended a few other options and showed me the history pf those options, so I thought it was a good idea, well, when I told hubby he told me that my money is not going to grow maybe as fast as it was growing, so that made me have second thoughts. I think he just looked at the fact that my money was growing really fast investing it in only place.