vauge said:I am looking to invest in some additional stocks.
I think we are finally out of the slump and its time to make some money.
Any recomendations?
vauge said:I am looking to invest in some additional stocks.
I think we are finally out of the slump and its time to make some money.
Any recomendations?
vauge said:I was acutally looking at the ML 500 Index a few weeks back.
Thanks!!
HighSpeed said:If you want to go for the long run, do mutual funds and even a roth ira if you can. Depending on your age for your 401k, if your still young, go very aggressive since time is on your back. Spread out your 401k elections, do 3-4 funds. This is just an opinion.
HighSpeed said:You can do that too if you want. From what I've learned, if you're aggressive at youth, you're 401k takes a dive, you still have time on your back to recover from the damage until when you retire.
But if you're nearing retirement, lets say in 2-5 yrs, you're aggressive 3-4 401k funds takes a dive, you're basically screwed, you only have 2-5 years to try to recover as much as you can, really that's not enough time to recover depending on how bad your account was hit. If this happens, you won't retire early or on time But, if you're conservative 3-4 401k funds takes a dive nearing retirement, the damage won't be as bad. You still lose some money but not as much as, if you had an aggressive flavor nearing retirement. Am I making any sense? This is what I have learned. But to each their own.
Pacridge said:The bottom line in my opinion is diversity....
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