My wife is staying home with the kids and now has to roll over her 401K... Trying to research various options - most likely will try and find an IRA to roll into but am trying to research all options... Have been looking at some of the Vanguard Target Funds - like VFORX. I pretty much now nothing about investing other than the basics - diversify, know your maintenance fees, etc. - which is why the date target funds are so appealing (their expense ratio appears to be like .19% which would be a big plus). We're not high rollers so not sure that working with an investor would be a feasible option for us right now - just looking for a simple, cost effective option we can get going on our own... Anyone have any other suggestions to look at besides the Vanguard funds?
I took some advice from the Neal Boortz about 15 years ago, invest in a prepaid college fund for the kids. Keep doing your research. Some investors are good others will make you want to eff them up!
There are some guaranteed return Mutual Fund options out there now. I'm in one right now that guarantees 5% or if the fund does better you get that. But they do take a percent or so in fees. You have to weigh the options. My broker recently told me about a mutual fund that gives you the highest overall price for every month you have the fund. I think it's worth talking to a professional if you have no experience with this stuff. Mine has definitely help me out. You usually come out ahead in the long run paying them for their knowledge. They will let you decide on how much risk you want to take.
