Quote:
Originally Posted by birdmanx1
Invest in Trowe Price Roth IRA or Vanguard Funds and forget it At the age of 65, you'll get around $14100.
|
Another T Rowe Price fanboy! Dont misguide him! What if his company has matching on a 401k? then he could just pick up T Rowe Price Equity mutual fund(only one worth getting) and then diversify his portfolio with Dodge and Cox international. Then his supplement he can throw into a roth IRA that he can rollover his 401k into to avoid taxes. Then borrow against it for a down payment on commercial properties around a rapidly expanding metro area. Of course then the market will crash again, he will have lost everything when he faults on his loan payment for his commercial properties since he can't find renters. Then we will see him dealing crack on COPS.....Or he could invest ENRON.
Its all about risk Vs Reward