Quote:
Originally Posted by 96z28ss
I'm not doing that good, but from April 15 till today, I'm up 6.7% with dividends. I was doing a fraction of that with the 401k mutual funds.
Thanks for showing us how simple it is to make our money work for us.
I wish I had moved my money out of my 401k years ago to a self directed IRA.
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Well.... as we've discussed here many times --- it's all about compounding. So 5% compounded over 20 years is just HUGE compared to 1% compounded...
The key is to take control and do just a smidgen of thinking and research -- and almost anyone could beat the performance of the average Mutual Fund.
