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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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Old 02-28-2011, 09:40 AM
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PUREBAY2200 PUREBAY2200 is offline
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Quote:
Originally Posted by fishinpox View Post
I have a fair share of $ invested in the market , I've watched it go down I've watched it go up .... I just let it be and stay in for the long haul (retirement) the only time I buy/ sell quick is if my investment guy calls me and tells me about something pretty certain or if it works it will pay off big . I didn't start investing untill I had a 12 month security blanket in cash in the bank .
Well stated, savings account is very important. And if Ur married life insurance is also a priority.
If Ur dumping 1000$ mth into a 401k and u die all Ur family gets is that money minus taxes ans early withdrawal penalty.
So as u plan Ur 401k contribution remember life insurance had it's place in every solid financial plan.
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