Hows your retirement goals/savings so far?

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Blight

Sicc OG
#1
May 12, 2002
3,583
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GoProGraphics.com
#1
I do save up for my retirement. But usually i run into a situation (like the present of trying to find new residences) and have to spend a lot of it. I save a lot of cash at a place thats secret and not where i live. Most of it tho is in the bank. I got stocks but dont rely on them, i mainly buy stock to fuck around and see how i do.

When i get out of school and pay off my loans, ill be set. I plan on saving much moo-lah. All i ever spend money on is food, gym memberships, cars and parts. So im pretty solid.

"Whats in your wallet?!"
 
N

Nostril King

Guest
#2
#2

I need 250,000 by the time I'm 27 and i'll retire

i'm currently -8,000 in the hole
 
P

phil

Sicc OG
#4
Apr 25, 2002
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#4
i just got my credit report back, im only in 12000 debt. and my 401k is nosediving. ive put in 3600 since last july and its worth roughly 2800 as we speak.
 
B

BigE916WRM

Sicc OG
#7
May 12, 2002
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#7
You can never go wrong with Real Estate. As for stocks and bonds, if you got the capitol invest it yourself or start your own business. This way you dont got anyone else to blame if it craps out. The recent events should be a sign to folks, watch your money closely.
 
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Phara-C

Member
#8
May 14, 2002
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#8
Ive got a 401k

but Im sure its doin bad,everyone elses is.
Im not trin to be rich anyway,if it happens it happens.
I just bought this new "trusty",its my investment for now.....

Love to the FEW...
 
K

Kitten

Sicc OG
#9
Apr 25, 2002
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#9
man not much, it's not coo

I had a nice stash, until I lost my job and car broke down

but I will never give up, I will make it happen again, actaully we will make it happen again
 
Sweet916

Sweet916

Sicc OG
#10
Apr 25, 2002
1,582
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#10
I'm gonna be lovin life when I retire. I will be kickin it by the time I'm 50. I'm glad I decided to do the damn thing when I was younger!
 
LMD1510

LMD1510

Sicc OG
#13
Apr 25, 2002
2,920
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#13
Sweet916 said:
I'm gonna be lovin life when I retire. I will be kickin it by the time I'm 50. I'm glad I decided to do the damn thing when I was younger!
Click to expand...
SWeet...you know I'm tryin to get into that same system as you...its just tough right now....if i get in soon I can have 30 yrs. by the time I'm 52, and I'll be set then!!!
 
H

Hit The Blunt

Sicc OG
#16
May 13, 2002
218
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www.thechill.com
#16
you had WCOM too Naptown? I didn't ride it that far down though. I was in at an average of $1.70. I figure as long as they don't go to chapter 7 or do a debt for equity swap maybe in 2-3 years I might actually get my money back....we'll see....no use in selling at this point. But it's no big deal...I knew they were the most aggressive part of my portfolio anyway. But yea for retirement I got a Roth IRA going too.
 
P

phil

Sicc OG
#17
Apr 25, 2002
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#17
at 8 cents a share swoop some of this, at least 5 gs if you got it to blow, think about it, its just bankruptcy to restructure their debt. theyre not writing it off. this company PRETTY MUCH IS 1/3 OF THE ENTIRE INTERNET. it isnt going anywhere. if so, it will just be transferred somewhere else
 
H

Hit The Blunt

Sicc OG
#18
May 13, 2002
218
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www.thechill.com
#18
Yea but remember there is still risk, even at this low price. During the restructuring they could make a new issue of the stock...effectivly making the current issue worthless (this hasn't happened with ENRON or KMART but it is a possibility). Or if this restructuring fails they could file chapter 7. But I know it is very tempting and I am tempted to buy more and bring my cost basis down.
 
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