dm
Full time employment: Posting here.
In my 401k I currently have American Funds. I have the following:
Investment Company of America 40%
New Perspective 30%
New Economy 15%
Small Cap World 15%
Im getting ready to retire so I can transfer these over to a IRA if I wish. Or I can sell them in the 401k and transfer the cash to an IRA and buy what I want. I shouldn't need to start withdrawing the funds for probably 10 more years, but you never know.
I see most here like the Vangard Funds, I am also considering just buying some ETF's and do the slice and dice as needed. I didn't put much though into the choices obove as we didn't have many choices when I started.
My after tax holdings are currently about 60% individual stocks and 40% cash. My wife is going to work one more year and then she will have a cola pension that should cover most of our expenses.
So what are the opinion's here on the American Funds?
Investment Company of America 40%
New Perspective 30%
New Economy 15%
Small Cap World 15%
Im getting ready to retire so I can transfer these over to a IRA if I wish. Or I can sell them in the 401k and transfer the cash to an IRA and buy what I want. I shouldn't need to start withdrawing the funds for probably 10 more years, but you never know.
I see most here like the Vangard Funds, I am also considering just buying some ETF's and do the slice and dice as needed. I didn't put much though into the choices obove as we didn't have many choices when I started.
My after tax holdings are currently about 60% individual stocks and 40% cash. My wife is going to work one more year and then she will have a cola pension that should cover most of our expenses.
So what are the opinion's here on the American Funds?