Quote:
Originally Posted by eDave
Hey guys. I've got a friend who is new to the 401K thing, though he has around $25K so far. He is same age as me, 50. His company matches up to 4%. He is contributing 10%.
What would be the the best 401K portfolio for a guy like that? He'll assume more risk as he'd like to maximize over the next 15 years. Don't know his salary, but in the 28% bracket.
I recommended small/midcap fund but would like to hear other's thoughts. And those went to shit today. Down 2.75%.
Thank you Gentlemen,
eDavid
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Is definitely put some in large caps but I'd hit the small caps and maybe international funds. Hopefully te 401k will let him split it up but he definitely needs more than 1 fund.