10 ways to turbocharge your 401k

Stocks are the driver of the kind of returns you'll need to meet your retirement goals. These ideas can help you decide where to allocate your investment dollars.

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VIDEO ON MSN MONEY

29Comments
Apr 24, 2013 1:28PM
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Is there any market that was not covered in the article? It sounds as if I were to throw my money up in the air and wherever it lands, that is one of the suggested places to invest my 401k.
Apr 24, 2013 1:40PM
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I find this article funny... ways to turbo charge your 401k...invest in big stocks, small stocks, domestic stocks, internation stocks- probably would have been easier to tell us what not to invest in since the advice is to invest in almost everything...  Then again, how can you give sound GENERIC investment advice?

 

Ways to turbocharge your 401k.. invest in everything and pray.

Apr 24, 2013 1:35PM
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What a worthless article.  A second grader could have done as much.
Apr 24, 2013 2:01PM
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waste of my time to scroll 12 pages to find nothing important at the end

 

Apr 24, 2013 2:38PM
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Summary:  Invest in everything.  Great article.  lol.
Apr 24, 2013 2:29PM
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Basically a slideshow demonstrating various classes of mutual fund investments.
Apr 24, 2013 2:37PM
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Or better yet, sum up the vague slides and just DIVERSIFY your portfolio. 
Apr 24, 2013 2:34PM
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Invest in everything, according to the article.
Apr 24, 2013 2:47PM
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Hi,, I like Cherry Pie and sun and-and playing with my kids... Nice article MSN... DUHHHHHHHH

Ohhhh I had a hamster once..

Apr 24, 2013 3:27PM
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Totally worthless content....invest in everything.  Absolute trash.
Apr 24, 2013 2:26PM
Apr 24, 2013 3:27PM
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What else is there left not to invest in ?????
Apr 24, 2013 4:35PM
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My 401k went bust in the 90's. 100% invested in tech stocks. Switched to real estate investments. Bottom fell out. All I have now is a few CD's earning less than .25%. The rest is under the mattress and the bedbugs haven't eaten it yet. Do they like money? Too scared to invest in the market and gold has peaked. The only thing I did not do was work for ENRON. Thank God!
Apr 24, 2013 4:30PM
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Stupid article and waste of my time.
Apr 25, 2013 2:32AM
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How about invest in your 401 k,  stocks that pay out 4- 5% dividends or higher. Drip the stocks ( as in reinvest the dividends when they pay you, usually every quarter, and some stocks every month), and let your money grow overtime. Of course, finding the right stock, and ESPECIALLY the RIGHT buy in price can be tricky. Yes, diversify, and anyone can do it themselves. Forgo the mutual funds, as they take their "fees" from your account to run the fund regardless if your fund goes up or down.  Basically the 401 k plan is a nice tax free way to invest in your future. Too bad for years the SEC let the mutual fund companies hide fees and expenses from the very people investing in them.. Total scam!

  So, if your company allows you to invest in a SDBA..aka...Self Directed Brokerage Plan, take that route, study up on market basic fundamentals, and manage your own account. NOBODY will look after your future better than yourself. REMEMBER that. 

  So, example, which  IMHO..better info than this guru author here....... Lets say you have 100k or up now in your funds. Set up your SDBA, then sell your funds, and move all your money to the SDBA. Now, you are ready to go out and buy individual stocks to shape your portfolio.  Usually there is a  $5-10  trade cost. That's it, except when you sell, you will pay the same or close to the same trade cost. It doesn't matter whether you buy 1 share or maybe 1,000 shares, it's the same trade cost.  No ongoing expenses and "fees", that will dwindle your account through the years.

   Personally for a 100k I would want in the realm of 8-12 stocks. A REIT, like AGNC (15% yield),  a BDC, like PSEC (9% yield & pays monthly), another is TCAP,  SDRL (9% yield)..oil driller & I would rather have 1-3 oil companies,  ABVV or MRK, drugs  (4-5% yield),  INTC tech a (4%+ yield) , T telecom (almost 5% yield), TAL or TGH  lease containers (4-5% yield) DCIX oe TEU  shippers (17-22% yield..albeit more risk involved) HE (4%+ yield) or other utilities....
 
  So, only an example, but, diversified, and pay juicy dividends.  I might add, the market is going to have some risk, but life can be risky too.  Do your own due diligence, teach yourself, and beat the mutual funds by far.   I dumped all my mutuals 3 years ago, and have far outperformed them. Most mutual funds only pay you once a year any dividends the fund receives.  I want my money working for me the entire year...the advantage of individual stocks. In todays market, us little guys  & gals need all the advantage we can get.

Apr 24, 2013 3:28PM
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Yeah , Tell them how to lose it !!!! I love this money game me and my fruit jar !!! hahahahahhahahaha
Apr 25, 2013 7:49AM
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