Originally posted by GrayStangGT
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Where to put money?
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Originally posted by Broncojohnny View PostHe probably wants to take your daughter's ass to the mall
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Originally posted by yellowstang View PostWhy is that?
My company does $0.50:$1 up to 6%, so I contribute 6%...and I'm yeilding an instant 50% return (compared to market 10% or savings 2%).
Originally posted by 347Mike View PostMy company matches 50% so it would be an instant 50% not 100%. lolI am currently paying the maximum they match.
The over of 6%, I'm rolling into a Roth IRA. When I max my contributions there, I'll start putting the "extra" into the 401k.
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Originally posted by GhostTX View PostYou should at a minimum, put in the amount to get the maximum matching from the company. That's an instant 100% return on investment.I am currently paying the maximum they match.
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Originally posted by GhostTX View PostYou should at a minimum, put in the amount to get the maximum matching from the company. That's an instant 100% return on investment.
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Originally posted by 347Mike View PostI am putting half of the maximum allowed at the moment. I was going to increase it but for whatever reason decided not to.
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Originally posted by Broncojohnny View PostYou should put the maximum $16 or $17K a year, whatever it is, in there. The tax advantage makes it a fantastic deal. Put it into an S&P 500 index fund, the vast majority of funds can't beat an S&P 500 index fund over a 10 year timeframe.
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Originally posted by 347Mike View PostI don't put a whole lot in my 401k but I do have a decent percentage.
On a side note, UNIS is looking great today! up 7% ont he day and 17% on the week! If I can get one more day of similar gains I will be happy this weekend...
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I'm a nut for paying down any debt (mortgage/car, etc.) and reamoritizing the loan if I've got a good interest rate, or refinancing it altogether if a better one's available. You can keep making the same payment and really shave some principal off the loan that way.
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I don't put a whole lot in my 401k but I do have a decent percentage.
On a side note, UNIS is looking great today! up 7% ont he day and 17% on the week! If I can get one more day of similar gains I will be happy this weekend...
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Originally posted by 3.90x3.62 View PostIncrease % of $ deducted from check to go into 401K
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I'm too lazy to figure stocks out, so I invest in mutual funds to let someone else figure that out.
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