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#7561 |
Inmem 2.0
Join Date: Aug 2007
Location: My house
Casino cash: $1397558
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That's what I thought I've been reading up on it alot since the Gamestop stuff. My friend keeps trying to get me on this Acorn thing. Dont know much about it seems kinda gimmicky figured the smart money would be to tie up into something like a ROTH instead.
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Posts: 75,832
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#7562 |
**** you, you cretin.
Join Date: Jan 2012
Casino cash: $1008026
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Max that bitch out @ $6000 per year.
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Attendance Chief record 9-9 |
Posts: 29,783
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#7563 |
Inmem 2.0
Join Date: Aug 2007
Location: My house
Casino cash: $1397558
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Posts: 75,832
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#7564 | |
I'll be back.
Join Date: Nov 2002
Casino cash: $3420478
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Quote:
But putting anything in is good.
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Chiefs game films |
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Posts: 284,758
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#7565 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Oh I do and have been.
I just know that not everyone can afford that. There's nothing wrong with even a few hundred dollars per year, especially if you're young. A ROTH IRA is probably the most valuable investment vehicle for middle class earners. You should, however, contribute first to your 401k to get your full employer match (free money). After that, people should look to fund a ROTH. |
Posts: 46,016
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#7566 |
Inmem 2.0
Join Date: Aug 2007
Location: My house
Casino cash: $1397558
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Posts: 75,832
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#7567 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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I was just looking at my ROTH and I have a mutual fund with T Rowe Price that made 50% in the past year. I thought that was ****ing awesome for passive investing.
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Posts: 46,016
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#7568 | |
Inmem 2.0
Join Date: Aug 2007
Location: My house
Casino cash: $1397558
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Quote:
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Posts: 75,832
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#7569 | |
I'll be back.
Join Date: Nov 2002
Casino cash: $3420478
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Quote:
Financial lifestyle should be a mandatory class in HIGH SCHOOL. Our educational system is a failure.
__________________
Chiefs game films |
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Posts: 284,758
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#7570 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Quote:
I find that sad. I've learned all on my own but it shouldn't be that way. Does your employer offer a 401k? Many are also offering ROTH 401ks now. Or will you be looking to set this up yourself? |
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Posts: 46,016
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#7571 | |
MVP
Join Date: Mar 2019
Location: KC
Casino cash: $3930400
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Quote:
Day trading is part of investing as well, doesn't mean everyone on here does it, I'm just dabbling with my stimulus money from the Govt. with that. Play money i call it. |
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Posts: 7,370
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#7572 |
Inmem 2.0
Join Date: Aug 2007
Location: My house
Casino cash: $1397558
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Dude I said this EXACT same thing to my friend the other night. Hes got a pretty good job and is really good at saving money I was like maybe you need to look into this.
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Posts: 75,832
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#7573 | |
Rock Chalk Jayhawk
Join Date: Aug 2000
Location: PA
Casino cash: $1833317
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Quote:
I've gotten a late start on supplemental retirement savings and have already banked a lot. I shudder to think how much I would have if I had started saving at 22 rather than in my 30s.
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"True bliss is not something you search for, true bliss is already living inside us all, and sometimes it takes a roomfull of others to lead us to the mirror of your soul." - CosmicPal (10-3-03) ![]() ![]() ![]() |
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Posts: 8,824
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#7574 | |
Inmem 2.0
Join Date: Aug 2007
Location: My house
Casino cash: $1397558
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Quote:
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Posts: 75,832
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#7575 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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Posts: 46,016
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