401k Beginners Guide--How to Invest in a 401k, 403b or TSP

401k Beginners Guide--How to Invest in a 401k, 403b or TSP

A viewer recently asked me how to pick investments in a 401k. It's a great question and something that took me years to figure out. When I was getting started, I just picked the mutual funds with highest 10 year returns. What a mistake!

In this video, we'll walk through how to create a solid investment plan for a 401k. Then using my current 401k, we'll look at two approaches to picking mutual funds consistent with our plan. Finally, we'll do the same thing using the mutual funds available in the federal government's Thrift Savings Plan (TSP).

Resources mentioned in this video:

Vanguard's model portfolio allocations: https://investor.vanguard.com/investing/how-to-invest/model-portfolio-allocation
Historical returns of stocks and bonds: http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.html
3-Fund Portfolio: https://robberger.com/three-fund-portfolio/
Warren Buffett Portfolio: https://robberger.com/warren-buffett-portfolio/

Tools & Resources

📚 My Book (of course): https://amzn.to/2MsRJ9B
📈 Personal Capital: https://robberger.com/go/personal-capital/yt-[short description of video]
💰 M1 Finance $30 Bonus: https://robberger.com/go/m1finance-bonus/yt
🏆 Best Investment Tracking Apps: https://bit.ly/3wSbKZa

Portfolios

1️⃣ 3-Fund Portfolio: https://bit.ly/3yT6hmO
2️⃣ Merriman Ultimate Buy & Hold Portfolio: https://bit.ly/3g9qtse
3️⃣ Ray Dalio All Weather Portfolio: https://bit.ly/3cbzdwF
4️⃣ Warren Buffett Portfolio: https://bit.ly/3pdI8mm

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

LET'S CONNECT

Youtube: https://www.youtube.com/channel/UC9C17-OMxa-7oRSaCtztObw?sub_confirmation=1

Facebook: https://www.facebook.com/financialfreedomguy/

Twitter: https://twitter.com/Robert_A_Berger

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

Видео 401k Beginners Guide--How to Invest in a 401k, 403b or TSP канала Rob Berger