Comments on: 1000 Plus Drop In The Dow Jones, Now In The Cards https://thyblackman.com/2011/09/21/1000-plus-drop-in-the-dow-jones-now-in-the-cards/ Black News 24/7 Online for the Black Community. Thu, 22 Sep 2011 00:24:15 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: hoodgirl https://thyblackman.com/2011/09/21/1000-plus-drop-in-the-dow-jones-now-in-the-cards/comment-page-1/#comment-10032 Thu, 22 Sep 2011 00:24:15 +0000 http://thyblackman.com/?p=15770#comment-10032 Investing in the stock market through your company’s 401(k) plan can be a great way to build wealth because most employers match employees’ contributions dollar for dollar up to a certain percentage and employees get to defer income taxes until they withdraw money from their plan.

The percentage amount of an employee’s 401(k) portfolio allocated to stocks should be based on the employee’s financial condition, risk tolerance and time horizon. An employee should review their 401(k) portfolio at a minimum annually to see if it should be re-balanced.

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