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Posted: 3/30/2009 7:24:50 AM EDT
What can you put your 401k in that is reasonably safe? Money market, cd's,gold?
Link Posted: 3/30/2009 7:33:45 AM EDT
[#1]
Quoted:
What can you put your 401k in that is reasonably safe? Money market, cd's,gold?


Your plan probably has specific requirements.

For general info., check out Vanguard or Fidelity.
Link Posted: 3/30/2009 8:01:12 AM EDT
[#2]
Quoted:
What can you put your 401k in that is reasonably safe? Money market, cd's,gold?


Most plans have a "Retirement/Preservation Fund/Trust" of some sort.  They typically are invested in a combination of Money Markets/Cash/Short-term Treasuries and sometimes Gold/Silver.  They typically return in the 3-5% range per year and when combined with an employer match actually work out to be a fairly decent rate of return.

If you leave your job, you can roll your 401k into a self-directed IRA and into any number of funds, stocks, ETFs or whatever.

Link Posted: 3/30/2009 8:07:02 AM EDT
[#3]
Rules? Fund Manager? Lots of variables.  Some won't even let you trade but every three months. Some only let you pick from 10-12 funds. etc.

I don't have one but IRA's and day trade stuff. Like last night double and triple short ETFs , tonight I'll probably buy GM or fanny.  I don't take it too serious 10-20 minutes a day.

If you can't move it money market is were it's at long term. Interest rates will be astronomical in future and market will crash IMO.
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