Thread: Economics Investments & Personal Finance
View Single Post
Old 01-25-2013, 10:14 AM   #28
La literatura La literatura is offline
MVP
 

Join Date: Nov 2011
Casino cash: $5000
So, after 25 posts in this thread, here's my initial investment/personal finance strategy:

-- Put 5% of my paycheck into my retirement account (employer matches up to 2%)
-- By the end of my first working year, have $12K in investment vehicles other than my retirement account ($10K in index fund; $1K in managed mutual fund; $1K in online brokerage for my own amusement)
-- Have a pot of money for house down-payment
-- Fund bucket of 3 months emergency fund (about $6K)

And that should dry up my salary due to my remaining loan payments, insurance costs, and living expenses.

Sound good?
Posts: 7,611
La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.La literatura is too fat/Omaha.
  Reply With Quote