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What are the best 401K Investment books?
I am 27yrs old and want to make the BEST decisions with my and my wife's 401K plan. I have 0 clue of how to, what to invest.. But I am one to think we're born knowing nothing and we can go as far as we want. Thank you in advanced
9 Answers
- anonimitieLv 710 years agoFavorite Answer
No specific 401k books. Just read up on investing. I got started with "Investing for Dummies," and the website below.
The only thing distinguishing 401k's from other investment accounts is the tax benefits and employer matching feature. That can be covered in a chapter of a book.
Source(s): http://www.fool.com/ - Anonymous5 years ago
Investing for Dummies by Eric Tyson (I have this), or Morningstar's Guide to Mutual Funds would be a good start. Go to your library or book store & to the business/financial section. Tons of books on money, investing & personal finance. Being financially free by mid 30's seems a little optimistic, but it wouldn't hurt to try.
- Anonymous10 years ago
Forget the Pie: Recipe for a Healthier 401k [Paperback] Ric Lager (Author)
Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices (Wiley Trading) [Hardcover] Thomas J. Dorsey (Author)
you can find both these books on amazon and other places, no doubt.
Good luck!
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- Anonymous10 years ago
Books concerning Mutual Fund Portfolio.." Allocations"...percentage allocations, and type sector.
Books by William E. Donoqhue's,like... No-Load Mutual Fund Guide...also moneyletter.com,..would help decide what sectors, and when...Most 401k's options are not that extensive, but what you pick and when is critical..Best of Luck.
- 4 years ago
Books make your sentence structure, reading level, spelling, vocabulary, and generally tend to be more educational than T.V.
- CatherineLv 44 years ago
when you are watching a television or movie it is very easy to get distracted and multi task, where reading a written booklet, it includes your full attention usually!
- ?Lv 710 years ago
Look for Dave Ramsey or Suzie Ormand which are usually available for FREE at your church or library. Remember costs are critical to formulating a good plan. Consider Vanguard as a company and product.
- tinman97prnLv 710 years ago
Go to your local library and get "Investing for Dummies" . Good into book.