TromboneAl
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 30, 2006
- Messages
- 12,880
DD just started her new engineering job; she's 21. She asked for my thoughts concerning her 401k selections.
Here are her choices:
What are your thoughts?
Thanks,
Here are her choices:
Principal Guaranteed Fund Contract- General -account backed, stable value contract w/ declared rate of 4.15%
High Yield Bond Allocation - Columbia High Yield Fund (CMHYX) and Neuberger Berman High Income Bond Fund (LBHBX). The portfolio may also invest in us government securities, mortgage-backed securities, such as certificates of deposit, treasury bills, and commercial paper.
Balanced Income Allocation - Vanguard Wellesley Income Fund (VWIAX)
Principal LargeCap S&P 500 Index Separate Account
Growth and Income Stock Allocation - 3 mutual funds: Brandywine Blue (BLUEX), Dodge & Cox (DODGX), and Vanguard Windsor II (VWNAX)
Small Cap Stock Allocation - Two mutual funds: Wasatch Small Cap Growth (WAAEX) and Munder Small Cap Value (MCVYX)
Science and Technology Stock Allocation - 3 mutual funds: Ivy Science and Technology I (ISTIX), Seligman Communications & Information (SLMCX), and Vanguard Health Care (VGHAX)
International Stock Allocation - 3 mutual funds: Artisan International (ARTIX), GE Institutional International Equity (GIEIX) and UMB Scout International (UMBWX)
Let me know what you think!
Also, it looks like Roth 401(k) is better, but more risky in case tax laws change...do you think I should do all Roth, or should I put some in a regular 401(k)?
What are your thoughts?
Thanks,