Thread: New 401(K)
View Single Post
  #4 (permalink)  
Old 05-07-2008, 12:49 PM
Broken Arrow Broken Arrow is online now
Foot in mouth diseased
 
Join Date: May 2006
Posts: 2,935

Points: 14750.40
Donate
Default

Quote:
Originally Posted by Tim, Ohio View Post
You should look at the 10 year performance of each fund
Welcome Tim.

I'd hate to be a Doubting Dan for someone's entrance, but there's an old but reliable saw that goes like this, "Past performance does not guarantee future performance".

What happened 10 years ago is exactly that. To use that as a basis for your expected future performance is likely to be an exercise in disappointment.

The rest of the advice, I can agree with. Welcome aboard.
Reply With Quote