ive been asked to choose what type of investment account rollover my 401 k?

they told me that my money market account only produced 1.8% after one yr .any advice ?


2011
01/06
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2 comments
    • s k
    • January 6th, 2011

    Here is my take on investment. You should keep your investments simple and low cost. Considering it is your retirement assets tax efficiency is not a concern.
    You could choose from the target retirement funds, also called life cycle funds, from Vanguard, Fidelity or T Rowe Price. Also balanced funds like Vanguard Wellington, T Rowe Price Capital Appreciation, Fidelity Balanced are good options.
    Ultimately your investment options depend on your situation: age, risk tolerance etc.

    • muncie birder
    • January 6th, 2011

    That was a plus 1.8%. Most other options would have produced a negative return. Some a large negative return. However, a one year return should not be used to judge the performance of a 401k. It might be a good opportunity to move some of the money market amount to equity investments, maybe 50%. I can not advise you beyond that because I do not know what your options are.

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