he can't lose in KO over 30 years , just not going to happen , look at the demographics in india and china , ko will outperform most funds doreen in my opinion over a 30 yr time frame that he has

The only stocks we've ever personally invested in were Krispy Kreme Donuts, Dollar Tree, and Ford (last year :) ) They were all hunches, and fortunately they paid off nicely.

I have no idea what KO is.

I manage some money for a charity that I helped found. For total security, I've used (with the approval of the charity board) no load mutual funds. The profit margin has been extremely good. Sometimes you have to opt for caution instead of greed, and there's no guarantee that anything is going to around in 30 years. We've seen enough companies go belly up in the past few years.

KO is the #1 brand in the world , it will be here Doreen , it's not going to make him rich overnight, but ,if he sticks with them for 30 yrs he will do just fine

WHats the minimum? What if I wanted to start really low till I learned, but I wanted to start right now... How does it work?

joe , i'll go over with you on monday bro ok?

Yes.. Take my email, just in case...

Joes11204@yahoo.com

I don't know what kind of job you have or who you work for, but most bigger companies offer some kind of 401k plan. If your company does any kind of match, even better, free money.

I'd be more interested in talking to someone about experiences with a 529 plan.

Kev,
This site has some basic info that might be helpful, you better start UNC will probably be $80,000 out of state when she is ready.;)


http://www.savingforcollege.com/intr...-available.php

2 words for ya Tom...Golf Scholarship:tro:

529 is just a back up plan:)

My job is horrible, they put $ in, but we cant. And its not much. Should I do a 401k on my own?

Hell no.

You can't contribute to your own 401k??:confused:

Then what does one do? Im 24 now, and have no retirment yet. I want to retire at 30.

you can retire at 30 , just not in this country

FIA

Why am I reading this?

You are

If your gambling continues the way it has I see no reason why you shouldn't be able to retire at 30.

I are....a cutting board?

You dont follow me around this place? Pure commedy...
Go Die, PLEASE

That's not very nice. You don't see me wishing you choke on your morning or afternoon whopper do you?

I have not had a whopper in years, I could not remember the last time.

Sorry, choke on your first or second breakfast tomorrow. Better?

I prefer one breakfast, and to be clear... Are you telling me to choke on it, or telling me you have never told me to choke on it?
FYI, on hungry mornings I like to enjoy an omlet, bacon, toast and homefries with onion...

Are there ever non hungry mornings?

Yes.

I don't believe you

That is SOOOOOOOO touching...........you now have a CHOICE to choke on EITHER your FIRST or SECOND breakfast.

Gales serious question....The HR guy at my job is a tool, I have a bigger education then him. We have a new plan, well new to us called 403-b administered byu Franklin Templeton Financial Advisors. The HR guy is clueless, my question is... Is this $ locked in forever? What If I put a huge part of my pay into it? Can I take loans off of it, or take it out without penelty?

the $ is not locked away forever , but there are costs if you try to borrow against it and early withdrawl penalties

put in what you can afford and just make beleive it's not there , joe they years go by fast and you will need that $ in retirement

You can borrow without penalty to purchase a house. If you withdraw for any reason besides a proven hardship, you will be taxed and penalized.

You can lock in your money and make equivalent to savings interest but the admin fees will eat that up so you benefit in the sense that you save pre tax but inflation will chip at that some.

403b to the max you can take is a no brainer. Pre tax savings.

Conspiracy Theory: Wall Street