I never participated in 401K account for the first 10 years of my career. My reason was I would lose money since I might buy at a market high and sell at market low. This is a common fear in most of us. Not fully understanding a 401K plan and its purpose was the reasonContinue reading “Reason for not participating in 401K plan”
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Picking funds to invest in 401K account
I decided to invest in my employer administered 401K plan and now I need to pick funds that are available with them. For me it was easy, I just picked 3 funds where I would invest one third of my contribution in to each fund from every paycheck. One fund would be high risk-high reward,Continue reading “Picking funds to invest in 401K account”
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