Investing Poll

[Tommygurl]

Anyway to answer the question (sorry Ron)....Our financial planner choses our investments...Medium risk. In the next couple years I may start to do a little on my own but will have to wait until I get back to work...After both kids are in school full time!

[Rissask]

Originally Posted by Tommygurl

The worst part is I work in Long Term Care...I KNOW what is ahead
The only difference in LTC with patients with $ vs without $....One is private pay & one is government funded...same care.....
I keep telling my Mom not to worry I will send her someplace (cheap) with Bingo......She threatens to get a reverse mortgage on the house....

Don's mom was looking at that a couple years ago...uh, bad idea.
Yes, once you're at the care home state, not a lot of difference if you are rich or poor...another lovely bonus of living here. Of course, I am saving more for the years from 50 to 80.

[Tommygurl]

Originally Posted by Rissask

Don's mom was looking at that a couple years ago...uh, bad idea.
Yes, once you're at the care home state, not a lot of difference if you are rich or poor...another lovely bonus of living here. Of course, I am saving more for the years from 50 to 80.

Good thinking.

[Ginger]

investing? What's that??

[Ginger]

Originally Posted by Seakony

got way to much money just sitting in the bank.

what's THAT like??

[roni]

Originally Posted by Ginger

investing? What's that??

Buying shoes doesn't count
Or does it?

[Rissask]

Originally Posted by roni

Buying shoes doesn't count
Or does it?

Unfortunately not.
Unless they were those red ones from the Wizard of Oz.
They might increase in $$!

[southbound]

Originally Posted by roni

Buying shoes doesn't count
Or does it?

If it does then I'm sitting next to a millionaire, her vast fortune heaped in mounds under her desk. I wonder why she bothers to write all that code...

[Ginger]

Ron knows my weakness....I'm the Imelda Marcos of my family for sure.

just wish I had her money to invest....

[roni]

Originally Posted by roni

I recommended HOMEX to people back when it was below $25 - I sold at around $32 and never bought back

Thanks to Babaloo's advocacy of the search function, I found the post when I did that, back in June, 2004 - wish I had held since then

[IslandBob]

I read on yahoo the other day that in order to retire somewhat comfortably one should have invested two years worth of income by about age 40. The sooner the better beacause at that point the investment starts to drive the value not your contributions. The article based its findings on 80,000 a year income and assuming you will want to withdraw 45-50,000 during retirement.

We bit the bullet in our mid twentys and started the automatic contributions, now at almost forty its fun to get the quarterly statements. I sure seemed to take forever to see any real growth.

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[roni]

Originally Posted by IslandBob

I read on yahoo the other day that in order to retire somewhat comfortably one should have invested two years worth of income by about age 40. The sooner the better beacause at that point the investment starts to drive the value not your contributions. The article based its findings on 80,000 a year income and assuming you will want to withdraw 45-50,000 during retirement.

We bit the bullet in our mid twentys and started the automatic contributions, now at almost forty its fun to get the quarterly statements. I sure seemed to take forever to see any real growth.

__________________________________________________ _____________

Are you guys the couple from MN we met at the Beer Bucket last December-your avatar is so little that old eyes like mine.....have trouble telling

You'se guys educators?

[Ginger]

I invest in shoes, vacations, football, camera equipment, and kelsey's dance studio right now.

only other thing we have is a fairly substantial invested life insurance policy, and our home. I know, we're dumb for not investing more. We are both small business owners...no company benefits there. We spend money travelling and involving our kids in activities that most people tell us we should be investing. *shrug* what're ya' gonna do. We enjoy our life now...we want to do the enjoying now, versus saving the high-flying for when we are too old to REALLY enjoy it. Praps we are backwards, and one day maybe I'll look back and be really sad that I have to live in subsidized pensioner housing because I didn't put enough away for my future....but for now it feels right. At least I won't be looking back and saying, "if only I had gone here or done that", ya' know?

I dunno, maybe I'm wrong and I should get saving for some investments.

[Dale]

Originally Posted by roni

Thanks to Babaloo's advocacy of the search function, I found the post when I did that, back in June, 2004 - wish I had held since then

Ok Roni, that was your best off topic thread. Too bad everybody didn't jump on that one, they would be holding a stock that's nearly a three banger. I bought on 9/1/05 and still have it.

[Rissask]

We bit the bullet in our mid twentys and started the automatic contributions, now at almost forty its fun to get the quarterly statements. I sure seemed to take forever to see any real growth.

You said it......for years we would look at our statements, and it was like "That's ALL we have, after all these years of putting money in there??"
Then a couple years ago the old exponential growth thingie really started to kick in. Finally.