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gales0678 11-06-2010 08:58 PM

Quote:

Originally Posted by Princess Doreen (Post 718453)
If you feel comfortable investing in individual stocks on your own, go for it.

If you're losing money betting the ponies, don't do it - that's a savings right there.

You asked for help. Was just trying to help. I will leave the discussion to the experts.


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

Princess Doreen 11-06-2010 09:09 PM

Quote:

Originally Posted by gales0678 (Post 718461)
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.

gales0678 11-06-2010 09:19 PM

Quote:

Originally Posted by Princess Doreen (Post 718473)
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

RockHardTen1985 11-06-2010 09:32 PM

Quote:

Originally Posted by gales0678 (Post 718484)
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?

gales0678 11-06-2010 09:34 PM

Quote:

Originally Posted by RockHardTen1985 (Post 718505)
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?

RockHardTen1985 11-06-2010 09:35 PM

Quote:

Originally Posted by gales0678 (Post 718507)
joe , i'll go over with you on monday bro ok?

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

Joes11204@yahoo.com

Princess Doreen 11-08-2010 07:36 AM

http://articles.moneycentral.msn.com...than-gold.aspx

GPK 11-08-2010 06:48 PM

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.

GPK 11-08-2010 07:03 PM

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

3kings 11-08-2010 07:29 PM

Quote:

Originally Posted by GPK (Post 720579)
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

GPK 11-08-2010 07:32 PM

Quote:

Originally Posted by 3kings (Post 720619)
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:)

RockHardTen1985 11-08-2010 07:33 PM

Quote:

Originally Posted by GPK (Post 720562)
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.


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

Coach Pants 11-08-2010 07:36 PM

Quote:

Originally Posted by RockHardTen1985 (Post 720627)
My job is horrible, they put $ in, but we cant. And its not much. Should I do a 401k on my own?

Hell no.

GPK 11-08-2010 07:36 PM

Quote:

Originally Posted by RockHardTen1985 (Post 720627)
My job is horrible, they put $ in, but we cant. And its not much. Should I do a 401k on my own?

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

RockHardTen1985 11-08-2010 08:17 PM

Quote:

Originally Posted by Coach Pants (Post 720630)
Hell no.

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

gales0678 11-08-2010 08:18 PM

Quote:

Originally Posted by RockHardTen1985 (Post 720685)
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

Coach Pants 11-08-2010 08:37 PM

Quote:

Originally Posted by RockHardTen1985 (Post 720685)
Then what does one do? Im 24 now, and have no retirment yet. I want to retire at 30.

FIA

clyde 11-08-2010 08:40 PM

Why am I reading this?

Coach Pants 11-08-2010 08:58 PM

Quote:

Originally Posted by clyde (Post 720709)
Why am I reading this?

You are


Dahoss 11-08-2010 09:12 PM

Quote:

Originally Posted by RockHardTen1985 (Post 720685)
Then what does one do? Im 24 now, and have no retirment yet. I want to retire at 30.

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


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