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Asked 10/23/2007

Help with American Funds Investment for 401k?

My company uses American Funds for 401k and matches 4%. I have 4% in pre-tax contribution and 6% in after-tax roth contribution. Is this a good way to start?

For American Funds investment I have the following option:

Growth Fund of America
Smallcap World Fund
Europacific Growth Fund
American High Income Trust
Bond Fund of America
Income Fund of America
Cash Management Trust of America
Investment Company of America
New Perspective Fund
Amcap Fund
American Mutual Fund
American Balance Fund

I want to do moderate aggressive investing, but from what I've researched so far, Growth Fund of America and Smallcap World Fund is good to start with. Any other funds thats good to invest in?
EDIT: So far I have:

Growth Fund of America 20%
Smallcap World Fund 30%
New Perspective Fund 10%
EuroPacific Growth Fund 40%

Is this a wise choice of investments?

 
 
 
 
 
 
Answers

Answer 1/1 - Submitted 10/23/2007

actually ANYTHING from american is good. But the 401k is your future don't screw it up get an income generating one as well.

 
 
 
 

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