Please help me choose a fund(s) – Enrolling into Employer 401k


A little background in case I may be missing something that is crucial. I am 25 years old, going on to 26. I am now eligible to enroll in my employers 401k plan

On the side, I have Acorns, which includes a general IRA, as well as a Roth IRA, and I also do my own recurring stock investing through Robinhood on the side, primarily into ETFs, VOO, SCHD, O, etc

I say all this because my employer gives a 3% contribution each paycheck without needing a match. Unless I am missing something, I would prefer to just get their 3% contribution into this account and keep investing on the side in my other accounts, unless putting in a match would be good for any other purpose, such as taxes, etc. For those who doubt it; I got my first contribution, it wasn’t much, but I didn’t have to match for them to give it to me. I only make about $45,000 a year for now

Their 401k plan is through American Funds / Edward Jones, I haven’t heard the best about either entity, so while I appreciate my employer putting their money into it for me, I don’t know if I should put mine in

I am looking for something to enroll in, with a low expense ratio, and I can be aggressive as possible. Dividends are a plus. I wouldn’t take them now, I would just keep them reinvested. I don’t spend much and am very frugal. I want to invest as much as possible for retirement

These are the options given:

“Growth Investments”

-American Funds 2065+ Index

-American Funds Growth Portfolio

-American Funds New World Funds

-Columbia Small Cap Index Inst2

-DFA US Social Core Equity 2 Portfolio

-Schwab US Large-Cap Value Index

-Schwab US Mid-Cap Index

-Vanguard Developed Markets Index Admiral

-Vanguard Growth Index Admiral

“Growth and Investment Funds”

-American Funds Growth & Income Portfolio

-American Funds International Growth and Income Fund

-T. Rowe Price Equity Index 500

-Vanguard Dividend Appreciation Index Adm

“Balanced Investments”

-American Funds Global Balanced

-American Funds Moderate Growth and Income Portfolio

“Bond Investments”

-American Funds Global Balanced

-American Funds Intermediate Bonds of America

-American Funds The Bond Fund of America

“Capital Preservation Investments”

-American Funds U.S. Government Money Market Funds

Thank you for the opinions and support in advance!


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