Can someone make sense of this for me
- Thread starter JAY?
- Start date
Hard Times Nakamura
Banned
I'm not a trader or investor but the key number to figure out would be shares/units....
Just seems like either an algorithm or human made some trades for you because the shares/units goes up for whatever "AFAMMUTR4" is...
Just seems like either an algorithm or human made some trades for you because the shares/units goes up for whatever "AFAMMUTR4" is...
You been making investment changes in your 401K?
I don't know anything about a 401k
I don't know how to change or move anything
I didn't even know I had anything in there
I get a letter like that every once in a while
Total amount combined for all of those accounts is less than $10. Not sure why someone would be moving that miniscule amount of money around.
First, you need to contribute more money to your 401K.
Second you need to call/contact your 401K provider. I doubt you would be doing these transactions on your own if you are posting us and asking what they mean. Make sure noone is churning/stealing/moving your funds without your authorization
Third you need to pick a mutual fund with a low expense ratio and just stick with it.
First, you need to contribute more money to your 401K.
Second you need to call/contact your 401K provider. I doubt you would be doing these transactions on your own if you are posting us and asking what they mean. Make sure noone is churning/stealing/moving your funds without your authorization
Third you need to pick a mutual fund with a low expense ratio and just stick with it.
I think they would put like 15% of what I would put in. I was putting in like $42 and they would add another $8. I only did it for a few months. I couldn't afford it so I stopped after a few months
Well as soon as your financial situation improves, the first thing I would do is contribute more to the 401k...at least up until the matching point.
What would be the matching point? I have $8700 in credit card debts. I'm trying to work on that.
Ice_MF_Mike
Pro
You have to find out from your employer what that matching point is. THe below is a good rule of thumb on how to prioritize your money. If you dont have an emergency fund, do that first. THen, add more to your 401k up to the match. Then, funnel the rest to tackle the debt.
You have to find out from your employer what that matching point is. THe below is a good rule of thumb on how to prioritize your money. If you dont have an emergency fund, do that first. THen, add more to your 401k up to the match. Then, funnel the rest to tackle the debt.
He Gotta Tackle That Debt Before The 401K IMO
What's The Debt OP? Credit Cards? How Many?
Ice_MF_Mike
Pro
Yea you could flip those two depending on you're situation. Kind of depends on the debt and the interest rate and how much. You can only contribute a certain amount towards retirement by law. And you cant get that back if you miss it.
Yeah His Debt Is 8G's So That's Why I Said To Handle That First, It's Not That Bad And If Hit Hard Can Be Paid In Decent Time
It was 8700. I just threw 2000 on it today that I got from income tax. It's 1 credit card. Child support had me paying all my bills with with the card. I stood with 500 from the income tax to pay my upcoming bills so I don't add more debt to it.