Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Investing small amounts of money.
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="HoLeChit" data-source="post: 2759858" data-attributes="member: 35036"><p>I'm not too familiar with "investing clubs"?</p><p></p><p></p><p></p><p></p><p>I definitely agree with you, and I could roll it into my current 401k, however I was wanting to diversify my small portfolio, try to build some liquid equity. I cannot borrow from my 401k, and would like to have a little money in something that isn't making .02% interest in a savings account. I am alright with a little risk and having to sacrifice a little bit in taxes. I'm only 26 and have plenty of time to worry about retirement. (That may sound bad, but for the record I am already working towards my retirement) I feel that having $2800 in liquid equity that I can (possibly) make larger returns on is better than adding $3800 to my 401k that I can't touch or make much more than 15-20% returns on for the next 40 years. </p><p></p><p>I do want to be clear that I'm not trying to get rich quick though. Just for the record.</p></blockquote><p></p>
[QUOTE="HoLeChit, post: 2759858, member: 35036"] I'm not too familiar with "investing clubs"? I definitely agree with you, and I could roll it into my current 401k, however I was wanting to diversify my small portfolio, try to build some liquid equity. I cannot borrow from my 401k, and would like to have a little money in something that isn't making .02% interest in a savings account. I am alright with a little risk and having to sacrifice a little bit in taxes. I'm only 26 and have plenty of time to worry about retirement. (That may sound bad, but for the record I am already working towards my retirement) I feel that having $2800 in liquid equity that I can (possibly) make larger returns on is better than adding $3800 to my 401k that I can't touch or make much more than 15-20% returns on for the next 40 years. I do want to be clear that I'm not trying to get rich quick though. Just for the record. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Investing small amounts of money.
Search titles only
By:
Top
Bottom