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.
Where did my 401k money go?
My 401k is Kicking Butt!
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