401K investing focus
- To understand various options available for investing in 401K
- To understand the choices of:
- Lifestyle funds
- Index funds
- Lazy Portfolio
- CANSLIM mutual fund investing approach
- Mutual fund newsletters aaproach
- Momentum based approach
- To determine your own personal objectives:
- What is your overall objective
- What stage in lifecycle are you
- What is your skills level
- What is your motivation to update your skills
- What returns are you looking for
- To develop a approach plan for investment
- Basic logic and soundness behind your plan
- Number of funds to own
- How to select funds
- What is market timing
- How to marry market timing+mutual fund selection method
- How to monitor mutual fund portfolio on ongoing basis
- When to exit at profit
- Operational issues involved in making your plan work
- Minimum holding periods for funds
- Cost of switching
- New contributions v/s historical pool of money
- Tools for finding mutual fund data
- How to setup a spreadsheet to track your funds
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