Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
401k questions
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="barnyard" data-source="post: 493035" data-attributes="member: 13921"><p>I would put the maximum you can afford into your 401k. At your age, I would also do a mostly stock mix. </p><p></p><p>The axiom is "buy low, sell high."</p><p></p><p>Guess what. Right low, prices are low. Stocks are literally, ON SALE. Many are way more than 50% off.</p><p></p><p>If you buy stocks now (or an index fund), I would expect that within 15 years, it will at least, double.</p><p></p><p>Your smartest play though, would be to do 2 accounts. Your Teamster 401k and a Roth IRA. Take all the Teamster options to your Roth IRA adviser and ask for his/her advice. I have an Edward Jones account and my guy has no problem looking over my Teamster stuff and advising on how much should go where.</p><p></p><p>You have an opportunity to set your retirement up right, get some professional help.</p><p></p><p>TB</p></blockquote><p></p>
[QUOTE="barnyard, post: 493035, member: 13921"] I would put the maximum you can afford into your 401k. At your age, I would also do a mostly stock mix. The axiom is "buy low, sell high." Guess what. Right low, prices are low. Stocks are literally, ON SALE. Many are way more than 50% off. If you buy stocks now (or an index fund), I would expect that within 15 years, it will at least, double. Your smartest play though, would be to do 2 accounts. Your Teamster 401k and a Roth IRA. Take all the Teamster options to your Roth IRA adviser and ask for his/her advice. I have an Edward Jones account and my guy has no problem looking over my Teamster stuff and advising on how much should go where. You have an opportunity to set your retirement up right, get some professional help. TB [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
401k questions
Top