Mutual Funts

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Title: Mutual Funts

Essay Details:

Subject: Business

Author: Eddie M

Date: August 14, 2014

Level: University

Grade: A

Length: 8 / 2219

Essay text:

You're not going to build much of a nest egg with your money stuffed into low-yielding bond and money-market mutual funds, which is where too much of it sits. A recent Fidelity Investments study of nine million 401(k) participants found that 16% of workers in their 20s have no money in stocks. Separately, many have all of their money in just one investment, and of those nearly 40% have all their assets in conservative investments, such as "stable-value" funds, which are little more than glorified money-market funds, or fixed-income funds. 401(K) BASICS ? Max out: Contribute enough to capture your employer's maximum matching contribution...

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