View Single Post
Old 08-18-2007, 01:33 PM
  #16  
LAfrequentflyer
Gets Weekends Off
 
LAfrequentflyer's Avatar
 
Joined APC: Jul 2005
Posts: 2,242
Default

Originally Posted by ToiletDuck View Post
What do some of you think? I was up a little over 17% for the current year. That's on a small group of stocks I've purchased on the side since I've been working here at RAH. No idea what my long term ones are doing. The market is plunging which for younger investors could be a good thing allowing some to get in while the market is down. For those getting ready to retire it could hurt dramatically.

What say you on where we stand? My EWA (iShares Australia) has dropped $4.00 today alone. Any of you selling or holding out to see what happens?
At your age you should be getting in the habit of maxing out your 401K to company match. Then Roth IRA. If you can still afford to invest max out the 401K to the IRS limit.

I wouldn't play with putting money into stocks starting. You'll get better returns with disciplined 401K and Roth IRA investing.

If you can and are making good on the market. Its time for a second / side career.

-LAFF
LAfrequentflyer is offline