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-   -   Retirement plan? Mutual funds! (https://gfy.com/showthread.php?t=446131)

shife 03-19-2005 10:12 PM

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

Illicit 03-19-2005 10:24 PM

Buy rental property. Property value keeps increasing, and the rents you recieve will grow with inflation.

shife 03-19-2005 10:35 PM

Quote:

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.

Illicit 03-19-2005 10:37 PM

Quote:

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.

MikeSmoke 03-20-2005 12:49 AM

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.


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