Comments on: Generally speaking, do most 401k plans allow the participant to invest in individual stocks? http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/ Thu, 17 May 2012 19:42:53 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Max M http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/comment-page-1/#comment-2571 Max M Wed, 24 Feb 2010 04:21:26 +0000 http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/#comment-2571 No, it's not always investing in stocks. It all depends on what your company offers.<a href="http://www.resumeminers.com/Job-Search/Search.htm"> Max M</a> No, it’s not always investing in stocks. It all depends on what your company offers. Max M

]]> By: Wayne Z http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/comment-page-1/#comment-2570 Wayne Z Mon, 22 Feb 2010 18:24:43 +0000 http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/#comment-2570 1) No. Only mutual funds. 2) No. Only the funds that the plan offers.<a href="http://www.informationrestoration.com/raid-data-recovery/raid-data-recovery.htm"> Wayne Z</a> 1) No. Only mutual funds.

2) No. Only the funds that the plan offers. Wayne Z

]]> By: sbinlb http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/comment-page-1/#comment-2569 sbinlb Mon, 22 Feb 2010 07:20:55 +0000 http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/#comment-2569 Scotland is correct.<a href="http://www.popwebshop.com/home/"> sbinlb</a> Scotland is correct. sbinlb

]]> By: Scotland http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/comment-page-1/#comment-2568 Scotland Sat, 20 Feb 2010 17:28:06 +0000 http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/#comment-2568 Hate to disagree with Sean but sounds like they're referring to an IRA in which most investments are ok to use. The vast majority of 401k plans have limited mutual fund type investments to choose from. Legally, the employer is required to monitor any offered investment options for suitability. So they generally only offer a limited amount of funds. There are some plans that offer a brokerage option as a alternate to the standard investment options. With these brokerage options, you could pretty much buy anything. But the fees are high. I would say this brokerage option is in less than 3% of plans. This all being said, choosing a few different funds in your 401k is probably a more profitable option than stock picking in a brokerage account.<a href="http://www.safedebthelp.com/free-debt-help.htm"> Scotland</a> Hate to disagree with Sean but sounds like they’re referring to an IRA in which most investments are ok to use.

The vast majority of 401k plans have limited mutual fund type investments to choose from. Legally, the employer is required to monitor any offered investment options for suitability. So they generally only offer a limited amount of funds.

There are some plans that offer a brokerage option as a alternate to the standard investment options. With these brokerage options, you could pretty much buy anything. But the fees are high. I would say this brokerage option is in less than 3% of plans.

This all being said, choosing a few different funds in your 401k is probably a more profitable option than stock picking in a brokerage account. Scotland

]]> By: Sean Roberts http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/comment-page-1/#comment-2567 Sean Roberts Thu, 18 Feb 2010 04:03:27 +0000 http://www.secretfinance.com/blog/generally-speaking-do-most-401k-plans-allow-the-participant-to-invest-in-individual-stocks/#comment-2567 Adam, A 401K is like a shopping cart in a supermarket. You can buy any type of investment from a stable stock such as Exxon to a speculative venture capital stock, to a mutual fund, to a corporate bond, to a municipal bond, or anything else. I would advise you to diversify your portfolio as much as possible. You are not obligated to buy stock in your employer's company. A 401K is handled by a third party investment firm. Your company only knows how much you have contributed to your 401K, but not what you bought with it.<a href="http://www.healthstorebargains.com/srch/srch.php?q=Vitamin+D"> Sean Roberts</a> Adam,
A 401K is like a shopping cart in a supermarket. You can buy any type of investment from a stable stock such as Exxon to a speculative venture capital stock, to a mutual fund, to a corporate bond, to a municipal bond, or anything else. I would advise you to diversify your portfolio as much as possible. You are not obligated to buy stock in your employer’s company.

A 401K is handled by a third party investment firm. Your company only knows how much you have contributed to your 401K, but not what you bought with it. Sean Roberts

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