American Equity Fund

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Norma Said:

How Should I allocate my 401K from these choices:?

We Answered:

Do your asset allocation plan 1st. After that, you cn pick your funds. There are various online allocators out there. But I might do something like:
35% American Century Equity Index
10% Franklin small/mid cap growth
05% Royce Opportunity
20% First Eagle Overseas
20% Pimco Total Return
10% money markets.

Kathleen Said:

Which Investment?

We Answered:

6% is really good for a savings account.

I've never heard of any of those, but definately stay out of Russia and probably China is still overpriced too.

Cecil Said:

what is the equity drop in the last year for American Households for stock &Mutual funds?

We Answered:

If you invested in spring 99, you have lost 42% of your investment in Mutual Funds (average) after adjustment for inflation. So much for long term investment being secure.
In the last 12 month its about even. Depends, what days you invested.

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