Quote:
Originally Posted by Chocaholic
On-ramp.....ok, enlighten us. Where (specifically) are you investing for retirement (long term)?
Buy low, sell high. This ain't the time to sell, especially if you're in it for the long haul.
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Mike,
here are my thoughts on the subject. "Retirement" is a government/corporate made scam in this country, designed to collect fees and expenses from you until you "retire", at the age of 65. I don't have a 401k and I don't believe in them. when you give in to the system, you are playing by someone else's rules..besides, do you really want to "retire" at 65 ? some of us never even get there.
make your OWN "retirement" plans, not what someone else has to offer you. I dont understand how some people make plans for 30 years ahead in their life when they can't even plan for next week, or next month, or next year. it's insane
furthermore, all that money you are putting away in your 401k, in 20 years it will be worth 1/2 of what you think it's worth, due to the falling dollar value. did your 401k company tell you that? ha! it's a risky proposition.