SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Triffin who wrote (5859)9/20/2010 8:36:01 PM
From: Steve Felix  Read Replies (2) of 34328
 
Hopefully Michael will let us know how she goes about investing. I'm with you on Roths, but I had a hard time convincing my youngest in the beginning.

Retirement seemed an eternity away, and although she graduated college debt free, she needed to build up some funds, money market and a couple of 5k CDs, before she felt comfortable opening a Roth.

With a couple of years since college, and a safe, steady job, she wishes she would have invested 5k instead of the 3k she did the first year, but it was what her comfort level would allow, and at the time, getting her started was most important to me.

Our discussions then made me realize how many possibilities seemed on the horizon when I was her age. Now I am conservative and play it safer. I haven't jumped out of an airplane in over twenty years. :(

Don't know if it is good or bad, but I've lost something that she still has.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext