Quote:
Originally Posted by noppenbd
Without seeing your 401k fund choices it isn't possible to evaluate the choice on the numbers, but my gut tells me you would be better off avoiding the brokerage window at this point.
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Here's the funds I can choose in my 401(k).
If I used the stock window, I would own no more than 5 stocks at a time (4 large quality stocks with high paying dividends, 1 speculative stock, all in different sectors of the market), with a 25% cash position (to take advantage of buying opportunities in the market). I would probably make 5-10 trades on average per year, so my total cost would range from $180-$280/year to use the brokerage.
I'm thinking I should hold off until I build up 20K in the account, then take advantage of the brokerage window at that time. That'll give me more time to test out strategy simulations before using my real money.
Any advice on how my portfolio should look (allocation-wise) using the given funds? I am 25 years of age. I contribute 5% of my income, and employer matches 100% of that 5%. (That comes out to about 7K contribution/year currently.)