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Investing for retirement
Forum overview » Retirement-Retirement » Investing for retirement

brent
Posted 2005-09-08 10:07:47
I have a 401k at work and am wondering what looks good to be investing in for the next 5 years or so. Any thoughts?
randy (moderator)
Posted 2005-09-08 14:12:42
Hi Brent,
Thanks for the question.
Are you focused on achieving income, growth, or a balanced approach?
brent
Posted 2005-09-30 07:45:40
I want my portfolio to grow but I don't want it to be extremely risky. I figure I have about five years before I want to make some changes with it.
randy (moderator)
Posted 2005-10-10 17:55:50
Thanks for your questions
I'm a big fan of monopolies they seem to grow faster than most companies and often have position of control which I believe make them a little less risk. I would also recommend a asset allocation approach that puts your eggs in many different baskets. Their are many professional asset allocation program, I could recommend some or you could use the internet.
Thanks Randy
alglasser
Posted 2008-05-02 15:13:55
Hey, Brent.
I think you are asking a very valuable question in the wrong place. I can't emphasize enough the importance of finding yourself a good financial planner. My wife and I did this when we were in our early 30's and I am so grateful we did. I became disabled/retired at 56 (yes...disability does happen!!) and we are financially OK because we started investing early, aggressively and through a planner that came highly recommended and accredited. We have to be careful with spending, but things look pretty good for the long haul. I thank our planner! He is fee only so does not gernerate commissions on sales of funds/bonds. I have an annual review for a few hundred dollars and I can call any time with a question. It took a few tries to hook up with a planner we were comfortable with. We hit a couple of loo-loos in our first efforts but once you find one you are happy with, they are worth their weight in gold. I much prefer a mall, local planner than the big national "chains" (we dumped 2 of those in the early days of our retirement planning).
Keep asking questions and get PROFESSIONAL advice!
AL
haris
Posted 2008-09-24 04:19:45
-Can invest an amount of rs.3lacksin post office. Rs. 3/-lacks is an amount per person. No TDS deduction . Monthly interest @ 8% available, which can be reinvested in Recurring deposit a/c. to earn the cumulative interest,
-An anount can also be deposited in Banks, If the period is more than 5 years no TDS. is deducted, Interest Rate of about 9.5%is avilable in the leading Nationalised banks,
-There are so many good co. dealing / offering Unit linked insurance plans. Equity increases and the Insurance(life) continues, Good returns. Income Tax benefit also.
-Money can also be invested in purchasing land ,may agri. oor non agri. if properly purchased it must give the returns over a period of time. Liquidity is little,
-Benefits of Demat a/c. can also be taken by selecting proper co,shares.
___________________________
http://www.ira-401k-realestate.com/IYF-Video-Opt-In/
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