I had a reader ask a question of how my 401k was invested. Since I need to review my allocation anyway, I figure why not share with everyone.
I currently invest 5% per paycheck in my 401k and my company matches 3%. This is the maximum amount they will match so I make sure I take advantage of all the "free" money I can.
The current balance in my 401k is $40,839.88 and is invested as follows:
- 35.21 % Fidelity Diversified International
- 23.09% Fidelity Low Priced Stock
- 17.12% Vanguard Total Stock Market Index
- 14.35% Oakmark Equity & Income
- 3.89% Vanguard Value Index Fund
- 2.83% Company Stock
- 2.68% Fidelity Midcap Stock
- .71% ABF SmallCap Value
- .11% Fidelity Dividend Growth
I started 2007 with a balance of $32,788.64 and after $3,260.95 employee contributions, $2789.33 employer contributions, $2,949.10 in dividends and interest, and $3,068.84 in value appreciation, I ended with $41,903.30. Fees for the year were $4.46.
Important Note: I am not promoting any of the above funds or advocating this investment strategy.
......................................
Related Posts:
Where did my 401k money go?
My 401k is Kicking Butt!
-------------------------------
If you've enjoyed this post or reading about my personal finance journey, please subscribe to SingleGuyMoney. Be sure to visit SingleGuyMoney to leave a comment or for more great articles.
Your portfolio beat mine by 0.1%. I have 4 different funds, mainly emerging markets and large-cap, with a bit of small-cap and mid-cap.
The important thing to recognize is that at your age you are taking advantage of your match. At most companies less than 50% do!
Good for you!
WOW!! I wish I had that much in my 401k. You are doing great in my eyes.
*frugal bachelor: Congrats on your increase.
*jw: Thanks