What kind of plan you got? You gonna roll over to an IRA at some point? Is it better to get a plan where you tinker or more low key just sit back, donate and let it grow? I’ve been contributing to a Prudential plan since I was 26. I know a little bit about what I’m doing but would like to know more.
I BOUGHT A FUCKING PIZZA WITH BITCOIN YEARS AGO (not really, but it'd be funny for that pizza to be worth $50k)
EDIT: https://www.coindesk.com/bitcoin-pizza-10-years-laszlo-hanyecz This dude paid 10k bitcoin for a pizza when it was worth nada. One bitcoin is now worth $18,000+.
Yeah I don’t know how much he invested into it. But he talks about it regularly like a badge of honor.
I have kept two IRA accounts ...ROTH and Traditional and have a PERS retirement acct....I recommend to my son to invest in a ROTH IRA ....depending upon your age you can only put a few thousand per year in but it'll do very well long term....I just took both my IRAs and put them into cash bonds getting out of the market...my PERS will sit and mature another 4 years before I have to start taking out 5k per year....that's a nice vacation once a year. My wife and I each put 300 a month into retirement accounts for decades....it'll pay off long term.
Totally up to you and how much time you want to put into it. Lots of people like to tinker but most studies show that buy and hold is usually a better option long term. I have the option to put my 401k into a brokeragelink account and invest in ETFs. I kept 2/3 in the traditional 401k mutual funds and moved 1/3 to the brokeragelink because I don't completely trust myself to not be impulsive and screw something up. So far so good though on both ends.
I've got a trusted investment advisor at Merrill Lynch who has made me a lot of money. Right now I'm out of the stock market but with Trump's election loss I'm thinking about getting back in. I've got IRA's and some personal stocks and maybe a hundred K in various accounts. Love seeing it go up up up. I highly recommend a good advisor. Shop around.
I use Merrill Lynch as well...my advice....stay out of the market until around February or March......my wife will invest again then...she studies these trends ..I'm done with Wall Street....ready to put that money into something I can manage myself like a winter get away
I had a fairly sizeable 401k when I was in the corporate world. When I left that, it became an IRA - mostly invested in the stock market. When I met my wife, she introduced me to converting that IRA into pre-tax-dollars real estate investments. Best move I ever made. Big reason we own a great vacation property in Florida. Purchased thru the vehicle of IRA Innovations (there are many other companies that do this, as well.) https://irainnovations.com/
