retirement funds

Discussion in 'Random Thoughts' started by squawkers7, Oct 8, 2008.

  1. squawkers7

    squawkers7 radical rebel

    Messages:
    5,188
    Likes Received:
    5
    Who here saves $$ in a retirement fund....401k, IRA, stocks & bonds, or something else? How did u decide what type of saving fund to put your money into?
     
  2. mystical_shroom

    mystical_shroom acerbic

    Messages:
    31,804
    Likes Received:
    21
    I have a 401k...
    And when I have worked at my job for 15 years, seven more years to go, when I leave I will get paid retirement...
    And my work gives us stock that they take money out of our check for the taxes on it, on the paycheck that is right before Christmas, which can be a hefty load that they take out depending on how much you make...but I have several shares in it, adding up to be over a grand...
    I decided on my 401K when I started to work here because they offered it and so I was like, hey why not...
     
  3. hippiehillbilly

    hippiehillbilly the old asshole

    Messages:
    19,251
    Likes Received:
    9
    i cashed mine in to pay my property off..
     
  4. treehuggerT

    treehuggerT Member

    Messages:
    721
    Likes Received:
    0
    I still have a little bit of a 401k. It will soon dwindle to nothing, I fear.
     
  5. wally m

    wally m 14

    Messages:
    2,571
    Likes Received:
    6
    I have a SEP it has something to do with being self employed.
     
  6. zihger

    zihger Senior Member

    Messages:
    1,421
    Likes Received:
    2
    Physical gold or silver is the only safe place..

    Everything else is going down, except maybe food storage and guns.

    Any financial expert that is not try to still gamble and profit from the broken casino is saying get out now.

    Seriously they have thrown everything at this train wreak and it’s not stopping for a while.
     
  7. hippiehillbilly

    hippiehillbilly the old asshole

    Messages:
    19,251
    Likes Received:
    9
    someone said crazy KRAMER on the idiot box was screaming dump your stocks and dont look at the market for the next 5 to 10 years..

    lol,,on gold,i saw a write up on the folks in the UK standin in lines to buy gold and in the article they actually had a quote from the broker sayin its much easier to buy gold futures on the market..

    lol,,yeah right,,i think i prefer tangible physical assets in my possession right now..

    not that they couldnt come door to door collecting your gold mind you.. its not like it didnt happen shortly after the last time the country went off a cliff...

    oh but i forgot,,odon says its fine.. the government will make it all better. maybe i should throw the few dollars i have left back in the market for safe keeping..:rolleyes:
     
  8. zihger

    zihger Senior Member

    Messages:
    1,421
    Likes Received:
    2
    Yeah the gov making gold illegal is one concern happened in 1929 or 30 10-year prison sentence (but they were doing it for our own good).

    A lot of people are predicting gold paper to start going default soon.
    I guess people are starting to ask for the physical stuff delivered and there is starting to be some problems..

    I have heard pawn shop, and Raman noodles stocks are expected to do well in the next few months.
     
  9. hippiehillbilly

    hippiehillbilly the old asshole

    Messages:
    19,251
    Likes Received:
    9
    campbell soup stock has been steadily climbing as has dollar generals..

    still i wouldnt put a dime in the market.
     
  10. I'minmyunderwear

    I'minmyunderwear Newbie

    Messages:
    50
    Likes Received:
    9,184
    i had a retirement fund way back when i had a government job. i cashed it in when i left though (would have had to work there for several years before it would actually carry over when i left).
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice