Time to bump up that 401k

[UpstateNYUPSer(Ret)]

By "pro" you mean Edward jones guy? Lol

No. I meant that he should stick with the basics of the 401k and let Prudential do the work for him.

 

[Orion inc.]

I hope that you never do.

I think that's the nicest thing you've ever said to Gumby

 

[UpstateNYUPSer(Ret)]

I think that's the nicest thing you've ever said to Gumby

It's very easy----he wants to be civil I can be civil. He wants to be a D* I can be a bigger D*.

 

[Future]

It's very easy----he wants to be civil I can be civil. He wants to be a D* I can be a bigger D*.

I like you when your nice

 

[IVE GOTTA PACKAGE 4U]

It's very easy----he wants to be civil I can be civil. He wants to be a D* I can be a bigger D*.

Remember those words. We are all here to have some fun not start a world war. I did out a few members on ignore and it makes it much more enjoyable.

 

[Orion inc.]

Yeah I have an uncle that's the same way. He has a job and just toys with it on the side though.

Made enough this past year that he paid cash for a Colorado mountain top vacation home.

Everytime we get together we discuss investing.

By "pro" you mean Edward jones guy? Lol

No. I meant that he should stick with the basics of the 401k and let Prudential do the work for him.

A certified and trusted financial adviser is worth their weight in gold. Sometimes you can work with a family member or close friend. If that's their field of business. We've used the same firm for years. He does our planning, advising, accounting and taxes etc. and his partner does the lawyer side of finances and taxes. Worth the piece of mind.
We meet with them every 6 months for an overview and a reassessment of our goals and such. We also get detailed statements and such every month from them.

Their old friends and I've known the financial planner since high school.

I would suggest using someone you trust.

 

[UpstateNYUPSer(Ret)]

I like you when your nice

I like me when I am nice.

 

[Orion inc.]

It's very easy----he wants to be civil I can be civil. He wants to be a D* I can be a bigger D*.

And then we all become bigger D* to you.

See the cycle?

 

[UpstateNYUPSer(Ret)]

Remember those words. We are all here to have some fun not start a world war. I did out a few members on ignore and it makes it much more enjoyable.

Just keep that over in Romper Room and we will be all set.

 

[Orion inc.]

That's not very many, especially for a high wage earner like her.

Sometimes some plans don't offer it.

 

[Brownslave688]

That's not very many, especially for a high wage earner like her.

Yes it freaking sucks. She'll end up fine in retirement but could be so much better off with better choices.

 

[IVE GOTTA PACKAGE 4U]

Yes it freaking sucks. She'll end up fine in retirement but could be so much better off with better choices.

What choices does she have? Is it a 401k or a 403B?

 

[Brownslave688]

401k

 

[IVE GOTTA PACKAGE 4U]

401k

She is better off, the fees are much lower.

 

[ManInBrown]

I've gone from 6% as recently as 2 months ago up to 14% now. Also just started buying stock weekly. Save that money boys and girls. With this job there is no telling when it could end. Could step out of the truck tomorrow the wrong way and break your leg, and never be the same.

 

[IVE GOTTA PACKAGE 4U]

I've gone from 6% as recently as 2 months ago up to 14% now. Also just started buying stock weekly. Save that money boys and girls. With this job there is no telling when it could end. Could step out of the truck tomorrow the wrong way and break your leg, and never be the same.

Doesn't hurt to have a cash reserve either.

 

[burrheadd]

Marry money
Preferably old money

 

[burrheadd]

Your right I started buying old crappy houses with a brother in law years ago. first house we bought in 1985 for 25,000 put 10k in it sold it for for 50k.we try and buy one a year the last one we bought for 175k and sold for 299k but we put 50k in it never hold onto anything when it's done unload it. We're looking at an 8 plex right now that just came on the market we never really felt the big downturn in 2007 2008 the real estate market just kept chugging along. We do the demolition and hire most everything else out

 

[IVE GOTTA PACKAGE 4U]

Your right I started buying old crappy houses with a brother in law years ago. first house we bought in 1985 for 25,000 put 10k in it sold it for for 50k.we try and buy one a year the last one we bought for 175k and sold for 299k but we put 50k in it never hold onto anything when it's done unload it. We're looking at an 8 plex right now that just came on the market we never really felt the big downturn in 2007 2008 the real estate market just kept chugging along. We do the demolition and hire most everything else out

Sweet

 

[Brownslave688]

Your right I started buying old crappy houses with a brother in law years ago. first house we bought in 1985 for 25,000 put 10k in it sold it for for 50k.we try and buy one a year the last one we bought for 175k and sold for 299k but we put 50k in it never hold onto anything when it's done unload it. We're looking at an 8 plex right now that just came on the market we never really felt the big downturn in 2007 2008 the real estate market just kept chugging along. We do the demolition and hire most everything else out

Nice.

Some seem to have a knack for it and some can't ever make a dime doing it.