Timeline for What should I consider when I try to invest my money today for a larger immediate income stream that will secure my retirement?
Current License: CC BY-SA 3.0
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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
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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
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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
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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 |