Ask Jennifer: Choosing the Best Investments

Jennifer Lane answers questions about mutual funds, 401ks

How should you choose the best investments with the market being so turbulent and volatile right now?

Jennifer Lane, a certified financial planner with Compass Planning, answers NECN Business viewers' questions.

Jason in Brockton asks: "My 401k automatically put me in a target date fund when I enrolled last year. My friend says that fund has the highest expenses of all our choices. How should I go about comparing my options?"

Betsy in Worcester writes: "How do I pick a mutual fund? It seems like it should be obvious but I really don't know where to start."

Amed in Hudson asks: "How long is too long to keep an investment like a mutual fund? I inherited some funds a few years ago from my grandmother. They've gone up, so I would owe taxes if I sold now." 

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