had ups not gone public, ups stock would be the way to go. it grew every year as the company grew, there were stock splits on a regular basis, and the dividends were good as well. over all a solid investment that would be there when you retired.
401k is an interesting beast. yes, you can manage it yourself probably as well as most of the investment houses. but you can drop half of your investment pretty quick if not careful. but it also allows for quicker gains if invested wisely.
as to the roth
Also consider starting a
Roth IRA with some
mutual funds in it. I like this cause it isn't taxed when you take the money out!
that statement is under current law. when our gooberment figures out they can rape you for that money, they will. remember, nothing is written in stone except death and taxes. the rest they can change at will.
as for higher tax rates, they are a fact of life.
im waiting on them to start taxing your actual holdings instead of ust what you withdraw. in other words, your 401k has a half million in it. your tax on that investment will be say one or two percent if you dont withdraw any, and 30-40% of you do withdraw.
just wait, those scumbags got dollar fever, and none of the dollars they want belong to them.
d