Re: thoughts on these potential rollover investments?

In article <>,
"> wrote:

> Hi, all. I'm 35 and have the following investments right now:
>
> -- $11K in an old 401K, consisting of a handful of Morgan Stanley
> Aggressive Growth funds
> -- $9K and growing in a Roth IRA, the Vanguard Target Retirement 2045
> fund
> -- Soon to be putting money into a new 401K, the Fidelity Freedom
> 2040 fund
>[stuff deleted]
>
> Thanks in advance for any help, and my apologies if this question is
> really mundane.

You might consider rolling your 11K in the 401K to an IRA then
converting the IRA to a Roth, you'll pay taxes but in the very long run
you'll probably be better off. Try out some of the IRA conversion
calculators, that will give you an idea as to wether this is the way to
go.

As for what to invest the above in, I'd stick to a domestic index fund
with Vanguard or possibly with Fidelity. Since you already have a
Vanguard Roth account you may as well stay with them. For now stay with
one fund if you rollover, 11K is too small an amount to start thinking
about wider diversification, wait till your Roth accounts get larger and
max out on it every year, try to put in 25% plus in your 401K if you can
afford it...learn to live without it, it will pay off...it did for me.

Good luck.
--
Had It
I'm a hypocrite, I'm intolerant of intolerance.