Archive for June 2007

Can a person use the 401 k early for business purpose without penalty?

Ray asked:


I hear if one uses the 401 K for business purpose, there will be no penalties for using it.

What type of funds should I be investing in in my 401?

don s asked:


I have, a Amcent Equity income , Colombia acorn Z, Vanguard 500 index, Vanguard Small-Cap Index & Vanguard U.S. Growth. I consider myself an aggressive investor and don’t believe in bonds-yet. I’m 52 and have substantial savings in my 401 already.