Retire at age 40
07-17-2007 | 11:56 AM
#1
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Gets Weekends Off
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07-17-2007 | 08:17 PM
#2
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From: C-172
The theory behind it is simple and it works, if you have the fortitude to stick with it for the long haul. You basically have to consciously make a lifestyle change. Besides, not many 20 year olds make $60,000 per year unless they were doing something illicit. Another option is to try and save a bit less, but do it for a longer period of time.
I know it worked for me although Slice thinks I can't afford a Marquis Jet Card from NetJet.
I know it worked for me although Slice thinks I can't afford a Marquis Jet Card from NetJet.
07-21-2007 | 10:47 AM
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The biggest advantage with index funds like the S&P, Dow, etc. is that they give you instant diversification and are professionally managed. The largest disadvantage is that they managed for a fee (they keep a certain percentage of your return).
Hope this helps.
07-22-2007 | 09:31 AM
#6
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Stock Funds
Dodge and Cox Stock Fund is the best one out there if you want a no hassel US Stock Fund to invest it.
Its closed to new investors , but that may change in the future.
-LAFF
http://money.cnn.com/galleries/2007/...mag/index.html
Its closed to new investors , but that may change in the future.
-LAFF
http://money.cnn.com/galleries/2007/...mag/index.html
07-29-2007 | 09:40 PM
#7
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Joined: Aug 2005
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From: tri current
Dodge and Cox Stock Fund is the best one out there if you want a no hassel US Stock Fund to invest it.
Its closed to new investors , but that may change in the future.
-LAFF
http://money.cnn.com/galleries/2007/...mag/index.html
Its closed to new investors , but that may change in the future.
-LAFF
http://money.cnn.com/galleries/2007/...mag/index.html
Sadly I'm already 42 and nowhere near capable of retirement. Should have bought a house in California in the mid 90s. Oh well.
Typhoonpilot
07-31-2007 | 05:35 AM
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08-01-2007 | 07:56 PM
#10
Prime Minister/Moderator
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From: Engines Turn or People Swim
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