What Are You Doing With Your Investments?

I also pay around $800 a month into the RR retirement fund. The RR pays ok.....My wife works also.

We devised a plan (with a little help) to invest/save 1/4 of our annual gross. For instance, if you make 40k a year, save 10K and live off 30k.....if you make 120,000K a year, save 30K and live off 90k...and so on.

The more you make the more you spend is true.....learn to live off less!!!! And yes, I have 14yr old who is spoiled rotten!!!

 

If I keep making 50% on my investments I may retire sooner

Great advice Grizz

 

So do you think you made the right decision after the latest news about being downgraded to AA+. I cashed out my mutual fund that was in the profit sharing plan at work before the free fall. I hope I don't need it but didn't want to see it crumble.

I might have a little different outlook than most here, I'm hoping to retire in Feb. of 2015. That's not that far away and I don't know if we will be recovered by then.

 

I think I did.. on the advice of several of the stock brokers and investors I have as customers I pulled everything from stocks 2 weeks ago.

As far as our economy... it ain't recovering anytime soon. We're living in history and the great fall of our country as a super-power.

Washington can't pay off a debt by just cutting spending.. we still owe and its time to pay up.

 

I've got miy 401k AND 457 in a fixed acciunt.(2.68%). I'm to close to retirement. If the maket drops 200 to400 points Monday, I'll put some back into the market.

We need to fire every one of our congressman in Washington. They are not doing their jobs!

 

I'm putting 535.00 every 2 week into my 401K and 457. As of last wk, I have 100% in a fixed account. When the market settles, I'll get back in.

 

Last week I moved everything to a 5% fixed account.

 

I'm just going to see how far they can fall. COL Just before the market crash the other day I did manage to sell some things. I got my price and an hour later chaos came. First time I ever did something right. LOL Problem is, I wish I had sold about 40 times more at the time.

 

Save my money in savings accounts.

I havnt got into the stock market yet.

 

I buy value stocks you with my extra money and I'm paying off my home asap. Over time quality stocks will always be up from your purchase price and if your under 50 or 60 buy some smaller companies as well. ie Netflix was $40 a share two years ago and was not that well known about but known. Today it is $240 down from $300. I never buy Mutual Funds because of the fees and the taxes you pay on them each year because the fund manager is always trading in and out of them. ie your being taxed on short term capital gains.

End of the day, we live in America and whatever happens in the world, America will always be the best place to live. IMO

You can never win or lose if you never run the race

 

Scratch that...set up a meeting with my financial adviser next week to move some things around.

 

Good move. You're never to young to stop losing money .

 

Nah, I just know I can put my money into something as secure with a little more fix %. I'm doing everything I can to retire early someday, but it probably won't matter one way or another.

 

My things are in the deferred tax thing, but I risked a long time to recover, if necessary. The way I figure it's going to buy cheap. I intend to open a Roth IRA, but forget.

 

Most of my stock are in Roth IRSs. Everybody should at least have these.
You can invest up to $5k per person, husband and wife, per year on taxed income but the beauty of it when you retire at 62 you get to withdraw that money and all it's gains tax free. It doesn't get any better than that.

The thing about investing in stocks in giving them time to grow 10-30yr. If your a young kid and have a $1,000+ you don't need right now. Buy some Apple or Google or some other company you think has a good product and forget about them and retire rich.