First, be skeptical of any so-called “investing plan” that promises you’ll get rich quick. Betting your life savings on a startup IPO (initial public offering), for example, may sound exciting and new, but it’s full of risk because it doesn’t have a proven record of growth.
If you have a traditional 401(k), the best way to help it grow at a steady pace is to invest up to your company’s match and invest the rest in a Roth IRA so that it can grow tax-free. If you have the Roth 401(k) option, you can invest the whole 15% there if you have good mutual fund options. Once you get into the habit of investing, you won’t even miss that 15%! And stick with a balanced mix of growth stock mutual funds that have a long history of above-average performance. Your financial advisor will help you choose those funds, help you understand where your money is going, and answer questions about how your 401(k) works.
It's your money, so make it your mission to learn from your advisor so you can understand how your money can best work for you.