Retirement plan? Mutual funds!

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  • shife
    So Fucking Banned
    • Dec 2004
    • 341
    #1

    Retirement plan? Mutual funds!

    Let's talk mutual funds I am 21 and need to start thinking about my retirement I am going to be putting 10% of my income into high growth mutual funds can any older guys help me out with this that have been around the block a few times and seen a few things any where I can find some good info? Is anybody else planing their retirement and if so how?

    Thanks, Kyle
    Tags: None
    • Illicit
      wtf ?
      • Dec 2003
      • 11895
      #2
      Buy rental property. Property value keeps increasing, and the rents you recieve will grow with inflation.
      Insert Sig Here

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        • shife
          So Fucking Banned
          • Dec 2004
          • 341
          #3
          Originally posted by Illicit
          Buy rental property. Property value keeps increasing, and the rents you recieve will grow with inflation.
          Good Idea for some but sounds more like a business then an investment for me I dont got the time nor the cash for that.

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            • Illicit
              wtf ?
              • Dec 2003
              • 11895
              #4
              Originally posted by shife
              Good Idea for some but sounds more like a business then an investment for me I dont got the time nor the cash for that.
              yeah it is a little bit of a business, but worth it in the end.
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                • MikeSmoke
                  Confirmed User
                  • Nov 2002
                  • 3241
                  #5
                  if you're talking about retirement and are going to be putting in decent money, hook up with a financial advisor. there are all sorts of ways to either invest pre-tax dollars, or be able to pull the earnings out tax-free, and having someone who knows what they're doing can make a huge difference in your final result.

                  icq: 541-739-92

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