Tuesday, May 8, 2012

Review- Investing


Review- Investing


Anybody can adequately save for retirement, as long as they do their research and/ or receive help.

The best time to start your retirement plans is at the earliest age that you are able to do so.

The retirement plan that has the employer match the contributions that the employee puts into it is a 401K

IRAs allow for money to grow tax free.

Something to consider when looking at an employer is the retirement benefits.

You need to have other forms of savings for retirement other than Social Security.

When investing, you invest aggressively when you are young, balanced when you are older, and conservatively when you are older.

The two types of IRAs are Traditional and Roth.

A type of investment that is more diversified that buying a single stock is a mutual fund.

The experts say that 20%- 30%  of your income should be put towards retirement and savings.

Monday, May 7, 2012

http://money.cnn.com/2012/05/07/markets/facebook-ipo-investors/index.htm?iid=HP_LN

This is your last article!!  Due May 11

Read this article about Facebook.  Would this have changed your strategy with investing in the stock game?  Would you have purchased this or not based on what you read?