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Frugal Tip Monday-My 401k/Retirement Dilemma

Fashion Without Guilt

My mother was the sales rack queen and still is, and my dad has a New York state of mind "where everything can be talked down in price" and I mean EVERYTHING. Please formspring me and let me know, if you have any knowledge of 401k or just want to share your experiences. I have always been a frugal shopper at heart.

401K 59
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Investment Methods

Prairie Eco-Thrifter

The net net stocks are those that have a low price relative to the net current asset value. If the current market price of the stock is just 2/3 (or less) than the NCAV per share, Graham suggested the stock would be a value stock – worth holding over the long term. So, I was buying my shares at ever increasing prices!

401K 100
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5 Reasons Why You Should Invest in Gold

Prairie Eco-Thrifter

If you look at the chart below, you’ll see how gold prices have remained either steady or increased over the last 10 years. Even when the economy was doing better than it is now, gold remained at a stable price. Well, when the economy drops, gold prices soar. Have you looked at your 401K and almost choked because of its decline?

Economy 209
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4 Financial Lessons Your Parents Forgot to Teach You

Saving Cents With Sense

This is especially important if you get a 401K match from your employer, as that’s free money. Find prices of used cars on Kelley Blue Book to compare the price difference between a good condition used car, and a brand new car of the same model. Car Buying. You avoid a large chunk of deprecation if you purchase used.

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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

If you have money to invest, should you put it to work when stock prices are rising every day, or should you wait until the market goes down? I’d rather buy stocks at a lower price and sell them at a higher one if I can. If the market continues to rise, at least I will get some of the shares at a lower price.

Economy 187
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The Best Investments For the Over 40s to Start Now

Prairie Eco-Thrifter

You purchase when the price is low and sell when it goes up, thus making a profit. For USA Investors An employer-matched 401k allows you to contribute up to $22,000 if you’re over 50; whatever amounts your employer adds to this is basically free money.

Taxes 187
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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

In the years since that recommendation was given, the stock has consistently paid a dividend and the stock price has tripled in value. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA. The bond market was at a high at the time.

Money 170