>i was handed a
>1/8 in ch thick full brochure today, from which I should decided how to
>invest my 401k. What a bewildering array of bedazzling bullshit as to
>different investments.
>
Yup. I suspect this will turn out to be the biggest robbery ever. That
is, most of the money will leave the table long before the little guy
gets round to withdrawing his "pension."
Here's my approach with this "choice": I put about 5% of my pay in whatever money market account they offer. (This used to be "safe"; now, I'm not so sure.) Most companies I worked for matched that. I figured that was my profit. I also didn't pay taxes on that 5% and that was a bit of profit too.
Now this is a very peasant, uninformed attitude, but, it works for me.
It's unfortunate, CD's are not a choice.
If I were forced to choose between stock funds and bond funds, I'm not sure I'd take the deal at all. But if there were matching funds, I'd have to think long and hard about it.
Joanna