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Old 03-18-2004, 06:05 PM  
hyatla
Confirmed User
 
Join Date: Oct 2003
Posts: 1,720
Quote:
Originally posted by RedShoe


that's non-interest bearing.

Did you know that if YOU (STWOF) put 100.00 a month into a mutual fund (12% which is totally doable) that by the time you were 65 you'd have 1 MILLION dollars.

That's a very nice safety net just in case this porn stuff doesn't work out.

You have the advantage of time being on your side.

Check this out. If you wait just 10 years and start when you are 35, you'd only have 300,000 saved by 65. A loss of 700,000 just because you didn't realize that time was on your side.
Really?

I thought most Mutual funds perform worse than the stock market index.

Anyway, I put my money with ING. their interest is higher and no risk. My heart is too weak to invest in stocks now...
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