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Q&A: Can any individual recommend a good website to teach me the fundamentals of investing my 401K?

Question by Emily Dew: Can anyone advise a very good web site to teach me the basics of investing my 401K?
I have quite basic expertise of investing in stocks and have truly built a modest portfolio more than the past 13 years or so. Nonetheless, I have no notion how to invest 401K income exactly where I have to select from restricted funds and investment automobiles. I’ve read many books and they all seem to contradict each and every other in their assistance. Can anybody advise a great web site or book that will aid me understand the basics so I can make my personal decisions? Thanks!

Best answer:

Answer by mister_galager
Here’s a couple of sites that I have used…

http://www.fundadvice.com/401k-support/401k-plans/401k-support-introduction.html

http://www.401khelpcenter.com/

http://moneycentral.msn.com/investor/partsub/funds/401k/start off.asp

And here’s a genuinely very good site that you can enter the ticker symbol of the funds accessible to you and get all the scoop on them…

http://portfolio.morningstar.com/NewPort/Cost-free/InstantXRayDEntry.aspx?tsection=toolsxray&dt=.7055475

Hope this helps.

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