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Apr 9, 2014 at 2:30 comment added JohnFx FYI: He meant 10% per year, and that is an average (actually above average) return over long periods of time. It could easily be down 30% one year and up 40% the next. That's why long term investing is what you should be focusing on. The markets are more predictable on a longer timeline.
Apr 9, 2014 at 1:42 history edited John Bensin CC BY-SA 3.0
one of my pet peeves too
Apr 8, 2014 at 20:24 comment added Chris W. Rea (FYI: "Roth IRA" is named after Senator William Roth, the legislative sponsor of the law that created the Roth-type accounts. It is therefore not an acronym, and so all-caps is incorrect -- and one of my pet peeves :)
Apr 8, 2014 at 20:20 history edited John Bensin CC BY-SA 3.0
edited body
Apr 8, 2014 at 19:32 comment added Let A Pro Do IT by the way he mentioned buying the actual gold and not the stock in gold.
Apr 8, 2014 at 17:40 comment added Pete B. Gold, and other commodities, are horrible IMO. I would stay away. Perhaps you need a financial planner that can educate you on the choices.
Apr 8, 2014 at 17:39 history edited Pete B. CC BY-SA 3.0
added 373 characters in body
Apr 8, 2014 at 17:36 comment added Let A Pro Do IT A friend mentioned that I should invest 1/4 in mutual funds, 1/4 in riskier funds and 1/4 in gold. What are your thoughts?
Apr 8, 2014 at 17:36 comment added Let A Pro Do IT Pete can you explain how my money can grow that much from 10%? Is this 10% per year? Per month? What do you recommend I read to learn more about all of this? Thank you
Apr 8, 2014 at 17:09 history answered Pete B. CC BY-SA 3.0