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My Company 401k - Seeking Guidance
Self

Posted on 01/29/2023 12:46:23 PM PST by Tacrolimus1mg

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To: Tacrolimus1mg

60 posts and no one has suggested booze, boats, and broads?


61 posted on 01/29/2023 2:44:20 PM PST by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: taxcontrol

YEP...or learn how to trade.


62 posted on 01/29/2023 2:45:11 PM PST by Osage Orange
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To: outofsalt

60 posts and no one has suggested booze, boats, and broads?


Pfft....

When I retire, those 3 Bs will be which boat, which bait, and what beverage.


63 posted on 01/29/2023 2:49:27 PM PST by nesnah (Infringe - act so as to limit or undermine [something]; encroach on)
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To: nesnah
;)
64 posted on 01/29/2023 2:50:32 PM PST by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: Hot Tabasco
Heck....I've traded with a group of fellow traders for years...We share info all the time.

Of course....we are not Day Traders....But I might be called a Swing trader,,,and most of the folks I talk to,,are the same.

I rarely have LTCG's.....

65 posted on 01/29/2023 2:50:33 PM PST by Osage Orange
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To: nesnah

Where you think you will end up?


66 posted on 01/29/2023 2:52:18 PM PST by Osage Orange
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To: Tacrolimus1mg

Minimum 10% on your part and High Growth-High Risk.


67 posted on 01/29/2023 2:52:19 PM PST by eyedigress (Trump is my President!)
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To: Osage Orange

Where you think you will end up?


Tell me and we’ll both know.

It sure won’t be where I am now.


68 posted on 01/29/2023 3:00:25 PM PST by nesnah (Infringe - act so as to limit or undermine [something]; encroach on)
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To: Tacrolimus1mg

Put it all on black!


69 posted on 01/29/2023 3:08:04 PM PST by Delta 21 (MAGA Republican is my pronoun.)
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To: Osage Orange

Then invite the poster into your group........I’m sure he will appreciate it.


70 posted on 01/29/2023 3:23:42 PM PST by Hot Tabasco
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To: Tacrolimus1mg

If they provide matching at any level, well, take it! It’s free money, so don’t leave it on the table.

And I agree with the posters advising a cheap index fund, which will tend to have good results over time, and at present, minimize exposure to the ESG grift.

But if they don’t match, go talk to a financial advisor and find an IRA or Roth IRA on your own, where you can be the master of your own fate.


71 posted on 01/29/2023 3:42:25 PM PST by absalom01 (You should do your duty in all things. You cannot do more, and you should never wish to do less.)
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To: Tacrolimus1mg

General rule on 401k - maximize the match. Some offer good choices, some not so good. Do more only as your guesses indicate - risk appetites and time ranges are personal.

Unfortunately, to my mind, not a good time for any of the major classes of funds - bond, equity or money market, so make your own guesses there. Time is on your side.

Strong recommendation - join the union even if it is voluntary. Companies usually end up with the unions they deserve. And if you get in a bind, you don’t want the union giving management a wink and a nod.


72 posted on 01/29/2023 3:48:57 PM PST by PAR35
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To: Tacrolimus1mg

Low cost index funds. If you can’t think of anything else something with S&P 500 or some version of that in it.

Talk about inflation. I was a pharmacy tech in high screwl starting at age 16. It put me part way through college and I handed the job down to my sister and then brother. Walmart Pharmacy. Did it all but count the pills.


73 posted on 01/29/2023 3:49:51 PM PST by Sequoyah101 (Procrastination is just a form of defiance.)
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To: Hot Tabasco

HA!!....Don’t think he or she would fit in...


74 posted on 01/29/2023 4:04:55 PM PST by Osage Orange
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