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  #41  
Old 11-06-2010, 08:58 PM
gales0678 gales0678 is offline
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Originally Posted by Princess Doreen View Post
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
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  #42  
Old 11-06-2010, 09:09 PM
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Princess Doreen Princess Doreen is offline
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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.
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  #43  
Old 11-06-2010, 09:19 PM
gales0678 gales0678 is offline
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Originally Posted by Princess Doreen View Post
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
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  #44  
Old 11-06-2010, 09:32 PM
RockHardTen1985 RockHardTen1985 is offline
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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?
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  #45  
Old 11-06-2010, 09:34 PM
gales0678 gales0678 is offline
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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?
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  #46  
Old 11-06-2010, 09:35 PM
RockHardTen1985 RockHardTen1985 is offline
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joe , i'll go over with you on monday bro ok?
Yes.. Take my email, just in case...

Joes11204@yahoo.com
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  #47  
Old 11-08-2010, 07:36 AM
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Princess Doreen Princess Doreen is offline
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http://articles.moneycentral.msn.com...than-gold.aspx
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  #48  
Old 11-08-2010, 06:48 PM
GPK GPK is offline
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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.
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  #49  
Old 11-08-2010, 07:03 PM
GPK GPK is offline
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I'd be more interested in talking to someone about experiences with a 529 plan.
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  #50  
Old 11-08-2010, 07:29 PM
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3kings 3kings is offline
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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
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  #51  
Old 11-08-2010, 07:32 PM
GPK GPK is offline
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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

529 is just a back up plan
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  #52  
Old 11-08-2010, 07:33 PM
RockHardTen1985 RockHardTen1985 is offline
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Originally Posted by GPK View Post
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?
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  #53  
Old 11-08-2010, 07:36 PM
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Originally Posted by RockHardTen1985 View Post
My job is horrible, they put $ in, but we cant. And its not much. Should I do a 401k on my own?
Hell no.
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  #54  
Old 11-08-2010, 07:36 PM
GPK GPK is offline
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Originally Posted by RockHardTen1985 View Post
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??
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  #55  
Old 11-08-2010, 08:17 PM
RockHardTen1985 RockHardTen1985 is offline
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Originally Posted by Coach Pants View Post
Hell no.
Then what does one do? Im 24 now, and have no retirment yet. I want to retire at 30.
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  #56  
Old 11-08-2010, 08:18 PM
gales0678 gales0678 is offline
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Originally Posted by RockHardTen1985 View Post
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
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  #57  
Old 11-08-2010, 08:37 PM
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Then what does one do? Im 24 now, and have no retirment yet. I want to retire at 30.
FIA
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  #58  
Old 11-08-2010, 08:40 PM
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clyde clyde is offline
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Why am I reading this?
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  #59  
Old 11-08-2010, 08:58 PM
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Why am I reading this?
You are

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  #60  
Old 11-08-2010, 09:12 PM
Dahoss Dahoss is offline
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Originally Posted by RockHardTen1985 View Post
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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