Thread: Investing 102
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Old 02-26-2012, 03:51 PM
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GregWeld GregWeld is offline
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Just one more caveat --- don't pull out all your savings and then just go on a big azz stock buying spree....

Tip toe in -- watch and learn - scale in your buying. Get a feel for it (the market and also how YOU feel when seeing your stocks go DOWN as well as up). Learn to buy on the scary days! Not the big up feel good days... set your names -- and work into it.

Ya didn't build your first car all in one day. Don't try to build a screaming perfect stock portfolio all in one day either.

Depending on your AGE --- you may want to take more "risk" with the 401K since it will be in for a longer period of time -- and the company should be a contributor to it as well. People tend to be too conservative with their 401's.

If you have 15 or 20 years til retirement - and plan to live for another 20 after that -- that's a 40 year horizon!
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