View Single Post
      02-27-2020, 09:25 PM   #102
Rube
Second Lieutenant
75
Rep
231
Posts

Drives: 2007 335i
Join Date: Aug 2015
Location: NYC

iTrader: (0)

Quote:
Originally Posted by XutvJet View Post
Agreed, put in to the match at the least. If you have good investment options in your 401K like low expense ratio/fee S&P 500 index funds, put more money in there.

- Then take other money and open a Roth IRA. Again, buy mostly low expense ratio/fee S&P 500 index funds.

- Then once those accounts are cranking and have 6 figures in them, then open a brokerage account and buy more low expense ratio/fee S&P 500 index funds, quality stocks and funds, and play around.

- Pay off your house.


Do all of this while living within your means and don't be a slave to debt or buy into the YOLO idea because the reality is you're likely living into your 70s or later.
Anyone have any thoughts with the market dropping? Any good opportunities?
Appreciate 0