CREATING MILLIONAIRES: POSTERS AIDING WEALTH GROWTH

[Sunalmighty]

Account? I have 401k but im looking into branching off in some other retirement investments.

 

[MillionMills]

I got a simple IRA

 

[BaldingSoHard]

Yea I've got a 401k and a Roth. Best to have multiple investment vehicles.

 

[dennis roadman]

yep, one of the smartest basic financial decisions you can make

 

[DrX]

naw..this system is about to collapse anyway

 

[Sunalmighty]

Yea I've got a 401k and a Roth. Best to have multiple investment vehicles.

I like topics like this. Are you investing aggressively or conservative

 

[BaldingSoHard]

I like topics like this. Are you investing aggressively or conservative

Aggressive as fukk. 93% stocks 7% bonds in 401k. 66% stocks 33% commodities in IRA. 90% stock 10% bonds in my other brokerage acct.

I'm only 36 so there's plenty of time to weather the coming crash.

 

[BaldingSoHard]

naw..this system is about to collapse anyway

Truthfully, if you aren't investing right now then after the collapse would be a great time to start.

 

[Sunalmighty]

Truthfully, if you aren't investing right now then after the collapse would be a great time to start.

You think a crash is coming soon? Schiller was talking about a stock bubble.

 

[BaldingSoHard]

You think a crash is coming soon? Schiller was talking about a stock bubble.

Nobody really knows when but yea it's coming sometime in the next few years.
Lots of opportunity to cost average downward and increase shares.
It's pretty exciting actually as long as you keep in mind that investing is a long-term thing.

 

[TwistedMetal]

naw..this system is about to collapse anyway

speak on it

 

[Aceofspades404]

marking my spot. Am also interested.

 

[BaldingSoHard]

To anyone reading this thread right now, if you are in your 20's and don't have an IRA, go to an online brokerage right now and sign up. It will take 10 mins and it'll be one of the best decisions you've ever made. Even if you're in your 30's, it's still a good idea, but if you're in your 20's it's a MUST.

 

[radio rahiem]

I got a 457 and a 457 Roth account. 5% a piece

 

[Sunalmighty]

To anyone reading this thread right now, if you are in your 20's and don't have an IRA, go to Vanguard right now and sign up. It will take 10 mins and it'll be one of the best decisions you've ever made. Even if you're in your 30's, it's still a good idea, but if you're in your 20's it's a MUST.

I'm so pissed. I'm 35 and I had no knowledge of a ROTH 10 years ago, but I have my 401k.