401k funds

[srinima]

bhayya,

 

401k plan kothaga start chesa ee year nunchi... mana money ela increase ivuthundho choosukovacha?? edhin app undha??

[Katravelli]

Who is your 401K provider? Mee employer usually oka invetmeng management company ki istadi they will provide login credentials 

[srinima]

vangaurd... 

[sollugadu]

38 minutes ago, srinima said:

bhayya,

 

401k plan kothaga start chesa ee year nunchi... mana money ela increase ivuthundho choosukovacha?? edhin app undha??

You can login to Vangaurd. Maa employer kuda Vanguard.

 

Depending on employer, they have set of funds like TRP 2045, 2055 etc. You can login and change your investments.  2055, 2045 etc funds will be more aggressive in investing where as 2025, 2030 etc funds are more conservative.

Advantages of retirement funds are they get early acess to company stock before any company goes public. 

 

https://www.quora.com/Why-do-people-put-money-into-pensions-when-they-could-save-the-money-themselves

 

Also follow Gordan miller in Quora, Dave ramsey podcasts. If you follow those you learn a lot on investing and money management.

 

Also if you can try to maxout. To understand the power of compund intrest  check this out https://www.quora.com/What-are-the-most-important-things-to-know-about-personal-finance

“Compound interest is the eighth wonder of the world.” - Albert Einstein

[Peter123]

mee company odu evaditho pettkunad maak ela telustadi saar,,,

[Biscuitt]

1 hour ago, sollugadu said:

You can login to Vangaurd. Maa employer kuda Vanguard.

 

Depending on employer, they have set of funds like TRP 2045, 2055 etc. You can login and change your investments.  2055, 2045 etc funds will be more aggressive in investing where as 2025, 2030 etc funds are more conservative.

Advantages of retirement funds are they get early acess to company stock before any company goes public. 

 

https://www.quora.com/Why-do-people-put-money-into-pensions-when-they-could-save-the-money-themselves

 

Also follow Gordan miller in Quora, Dave ramsey podcasts. If you follow those you learn a lot on investing and money management.

 

Also if you can try to maxout. To understand the power of compund intrest  check this out https://www.quora.com/What-are-the-most-important-things-to-know-about-personal-finance

“Compound interest is the eighth wonder of the world.” - Albert Einstein

Good info