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Old 02-24-2014, 01:53 PM
 
11 posts, read 31,071 times
Reputation: 14

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I am in the process of rolling over an old 401(k) into an IRA. I am trying to decide if I just want to buy index funds or buy actively managed funds. Part of me thinks I should just index due to the low fees. The other part of me thinks I should chase higher returns because I am 30 years from retirement. The account is roughly 15k.

What say ye experts?

Thanks.
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Old 02-24-2014, 03:41 PM
 
29 posts, read 43,886 times
Reputation: 11
I am not an expert but I recently read Suze Orman's book, Women and Money. Suze Orman recommends choosing Index funds if you have the option to do so. She stated the actively managed mutual funds rarely out perform index funds. Her website might have more useful information for you.
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Old 02-24-2014, 05:52 PM
 
Location: Wouldn't you like to know?
9,114 posts, read 16,137,310 times
Reputation: 3703
Sunny, please transfer this to the investing forum.
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