Investing your 401k or IRA money is the subject of this section of our free online course about investing your money and building wealth.
Section III:
Investing Your 401k or IRA Money
Review
Section I hopefully provided you with an overview of the wealth building process, and introduced you to the basics of creating a financial master plan.
Section II introduced you to the basic principles for investing that you'll be putting to use when you set up your retirement account in this section and your regular money account in Section IV.
You've learned about the secret to wealth (paying yourself first) and about the power of compound returns. And you've gained an understanding of risk as it applies to a long-term investment program utilizing widely diversified common stock funds and dollar cost averaging.
Preview
Now it's time to put the basic principles to work in your own two accumulation programs, and you should begin by putting your company 401k account in order, which is the focus of Part A of this section.
If you don't have a 401k available to you at work, you'll want to read Lesson 1 of Part B of this section which deals with using a self-directed IRA as a 401k alternative.
Even if you presently have a 401k, you'll want to read Lesson 2 of Section III-B which deals with rolling 401k money into an IRA at a future date should you change jobs or retire. Almost everyone will sooner or later need to have an IRA for one or both of these purposes.
Click on the following 401k lessons in order:
1) Your 401k - Its awesome power.
2) Your 401k - It's about much more than just retirement.
3) Your 401k - Determining your optimum contribution.
4) Your 401k - Selecting the one best investment.
5) Your 401k - Leaving well enough alone.
6) Your 401k Vanguard Funds Account.
7) Your 401k Fidelity Investments Account.
8) Your 401k - Taking withdrawals or loans.
9) Your 401k - Portability when you leave.
10) Investing Your 401k Money - Summary And Review.
Click on the following IRA lessons in order:
1) Your IRA - As a 401k alternative.
2) Your IRA - As rollover for 401k money.
3) Your IRA - Moving and consolidating IRAs.
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A Publication of About Your 401k.com
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