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Originally Posted by jIM_Ohio
How much is in your 401k now? My numbers were not meant to scare you...
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As of the end of the day yesterday my 401k has a balance of $3,892.29. I will have been paying into it for 2 years this June. My company only started kicking in after I had been with the company for 6 months.
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Originally Posted by Scanner
You should understand what you are in and what relative risk they have of losing principal.
You need to be comfortable with the risk and the potential reward.
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I'm comfortable with taking risks, I have had my friend look at how my 401k is doing and he said my rate of return last year was good so I shouldn't worry, but I wanted to get some more input on the 2 mutual funds I am invested in.