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I received information about 401K and other investing information from my job and I have to make a decision and submit the forms today! There are Fidelity plans and we have to pick what % of our check would go into the plan but we can split it between plans. I think I am going with Fidelity Freedom 2040 Fund (I'm 28) but then I was thinking about choosing another fund. They have Small Cap Stock Fund, Blue Chip Growth Fund, Agressive Growth Fund. I am SO confused. I just want to pick the best one but I really don't know much about this so I am afraid I am going to pick the wrong one! I know it depends on the person but does anyone have any advice about splitting the funds or should I just do 100% in the 2040 Fund?? Thank you so much for any advice!
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