Lux Investing

Can anyone recommend a good website to teach me the basics of investing my 401K?

I have very basic knowledge of investing in stocks and have actually built a small portfolio over the past 13 years or so. However, I have no idea how to invest 401K money where I have to choose from limited funds and investment vehicles. I've read several books and they all seem to contradict each other in their advice. Can anyone recommend a good website or book that will help me understand the basics so I can make my own decisions? Thanks!

Public Comments

1. Here's a few websites that I have used... http://www.fundadvice.com/401k-help/401k-plans/401k-help-introduction.html http://www.401khelpcenter.com/ http://moneycentral.msn.com/investor/partsub/funds/401k/start.asp And here's a really good site that you can enter the ticker symbol of the funds available to you and get all the scoop on them... http://portfolio.morningstar.com/NewPort/Free/InstantXRayDEntry.aspx?tsection=toolsxray&dt=0.7055475 Hope this helps.
2. I think mister galager ( answer above) provided the sites...down in the right hand corner of that moneycentral page is " beginner's investing"...but I think you may already be beyond that if you've been handling stocks for 13 years. The " limited funds" portion of your question makes it hard to help...no one but you knows how limited... hopefully the plan administration has a web- site where you can compare performance of the offered funds....that's your best bet. If you can look at " holdings" and you know something about stocks, that's another way to compare. I think what you're really looking for is some kind of " allocation" guide. How risky or conservative you should be...and at what age. I have found that most advisers are a little on the conservative side... and they tend to ignore or under estimate the growing benefits of " international" or " global" funds....if there are one or two in your available funds, don't be afraid to go in at 15 or 20 or even 25%.... even the best performing American companies are the ones that do a good percentage of their business outside the U.S.( Why shouldn't you get on the bandwagon) Sorry I went way off-topic, good luck. Sorry, again, but I just saw these couple of headings that MAY be what you're looking for..at; http://finance.yahoo.com/education/begin_investing In the middle of the page...a few headings about " allocation" and " portfolio theory"
3. Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it. http://www.investingtutorial.info/ wish it will help you. Good Luck , Best Wishes!