Retirement plan decisions made easy
Drill Down: What is a mutual fund?
A mutual fund pools the money from many different investors. A professional investment manager picks the stocks or bond in which the fund invests. It’s good for investors because it is well diversified. It is cost effective because the fund’s expenses are spread among many different investors.
Mutual funds come in a wide variety of flavors, though, so the investor must decide how much to invest in stocks, how much in bonds, and how much in other choices. The specific choices vary from company to company, but almost every company offers a good selection to choose from.
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» Lesson 1: What the Heck is a 401k, and What’s So Great About It?
Lesson 2: Contributions to Your 401k
Lesson 3: Investments “Cook Book” Approach
Lesson 4: Investments: How Investments Work
Lesson 5: Loans and Hardship Withdrawals from Your 401k
Lesson 9: Your 401k, Your Other Assets, and Your Life
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