I have Fidelity 401k retirement account...what should I invest in?

31 years to retirement, 200% match up to 5% of salary. What is the best way to retire wealthy?

Public Comments

1. gold
2. anything to do with WAR because the u.s.a. is going to go to war with EVERYONE!!
3. IBM. any company that has funds to build super computer for the goverment will be financial stable for a long time to come... they also build the processor in the Sony PS3 , Xbox 360 and Nintnedo wii so they are quite busy building processors and that should bring in incredible earnings for the next 5 years on consoles.
4. I like KBR. This is a new stock, but not a new business. They were part of Haliburton and has just spun off. This is one stock you have to own. It's moving fast. For complete analysis, see http://ibooyah.com
5. Mutal Funds is the first answer. Look for things in your portfolio that you use everyday. Do you use Clorox ? get a mutual fund with clorox. Do you shave? buy gilette These, along with AT&T and IBM, are considered blue chips. These are the safest bet these days.
6. overseas stocks. you already have the 401k, so why are you questioning what you should invest in.
7. Go aggressive a possible at this point. The closer you get to retirement, the more conservative you go. I would a least go for something like an S&P500 index fund. This year the market will have a gain of about 14%. Check the web for suggested 401K mixes based on years to retirement. Good luck.
8. The limit is $15,000 for 2006 for the 401(k). Assuming you make 75k, 5% is $3750 as far as what will be matched. If you have another $10,000 to invest for the year, pump it into a VUL (Variable Universal Life) policy (as long as you can get standard or better rates) so you can use tax free money even before you retire, letting you save more later too, hence more wealth, and besides that you will have at least part of your estate planning done. Invest in small cap value if Black Rock is behind the fund (for now). 31 yrs is a lot of time to double your money over and over again. So what is your definition of "wealthy"? There are some sound ideas in the book "The Millionare Next Door" by Thomas Stanley. It has some good definitions of "wealthy" which is really a state you are in far before retirement.
9. chinese mutual funds
10. These folks obviously have no idea what they are talking about, telling you to invest in single stocks LOL. You have a 401k which is holding mutual funds DUH ! Simply Mix the batches up. International, Large Cap, Real estate Fund, Small and Midcaps, This way you have all angles covered. Youll be pretty well off in 30 yrs. merry x mas
11. Fidelity Diversified International Fund Fidelity also has a new one called "New Insights" its progressing very well. I highly suggest investing in gold, silver and copper in any form... bullion, miners, minters etc...
12. I have been in this industry for 15 years working with fortune 500 companies. Most plan sponsors limit the number of mutual funds offered in the plan. If they have a good fund line up then all asset classes will be covered to allow you the ability to diversify your portofolio. Stocks are not typically offered in the majority of 401(k) plans unless: 1. The employer has company stock that is actively traded and is offered as an investment option. If so the company matching contributions most likely are made in stock. The plan will either place the stock as restricted or unstricted. Meaning once the match has been allocated to your account, then you will either be allowed to transfer all or a portion of the stock into the other Fidelity Funds. If the employer resticts the stock you will be limited to a certain percentage to move into other Fidelity Funds or none of it as it must remain in company stock. More employers are placing less resrictions on company stock since ENRON & Worldcom employees were shafted. 2. The other way to purchase stock is if your employer allows what is called "broker-window" availibility. This means you could set up a discount brokerage account and purchase anything on the open market with some restrictions. Most employers that offer this place guidelines on how much is available to be invested in the broker window option ( I see 50% being used for alot of plans). Lastly Fidelity is a HUGE provider in the 401(k) industry. Most likey you have access to educations specialist, online tools for assets allocation, or maybe even financial engines that will run a comprehensive model custom tailored for your situation.See link below. You have along to invest and most likey will find you are more aggressive with investing than older employees.
13. I'm in the same boat you are...my 401k isn't with Fidelity, but here's how I currently split my 401k holdings: 14% in S&P Index fund 21% in International Growth/Value/Emerging markets funds 15% in Small Cap Index fund 10% in MidCap Index fund 17% in REITs 10% in Growth Fund (US Stocks - this can get tricky since these stocks can show up in the S&P funds) 8% in Large Value Stock Fund 5% in a Bond Index Fund This will let you ride the ups and downs of each type, but you'll have to adjust your holdings...probably on a yearly basis.
14. choices are aplenty when it comes to investing... one such is currency trading and available in 24 hrs a day... there are also many systems available in the market to provide tips as well but do observe their terms and conditions.. take a look at http://www.prosignal-forex.com/index.php?ref=1342 for example. hope this helps!