Comments on: Retirement Advice for My Friends & Peers http://blog.filife.com/retirement-advice-for-my-friends-peers/ A production of FiLife, a new personal-finance site that goes live later this year. Mon, 13 Oct 2008 09:19:40 +0000 http://wordpress.org/?v=2.6.2 By: Vincent http://blog.filife.com/retirement-advice-for-my-friends-peers/#comment-1787 Vincent Wed, 04 Jun 2008 02:05:22 +0000 http://blog.filife.com/retirement-advice-for-my-friends-peers/#comment-1787 Tom - Counldn't agree more. I don't want to bust out TVM models but the most important factor in any wealth building account (401k, Roth, etc) is time. It is ok to start small, just start EARLY! Let interest work for YOU instead of the credit card companies. I do have to note that most ETF's (check the prospectus) that focus on developed foreign markets invest in companies with ADRs (American Depostory Receipts)which have outperformed the S&P 500 in the past 10, 5, and 3 years. A note on diversity, be wary of investing in your companies stock. 100% of your salary is tied to the health of the company, why put that number any higher. Invest in what you know. If you work in a specific industry invest in it! Use your material public information to your benefit. If your industry is in a downcycle (as many are) consider investing in a short fund; iishares has many offerings. In Buffet We Trust - Look for value opportunities. If you see a company which has fallen of late; take a chance with a small investment. When fear strikes fund managers they dump even value stocks to allow for withdrawals by clients. Look to take their place and make a killing in the long term. Tom - Counldn’t agree more. I don’t want to bust out TVM models but the most important factor in any wealth building account (401k, Roth, etc) is time. It is ok to start small, just start EARLY! Let interest work for YOU instead of the credit card companies.

I do have to note that most ETF’s (check the prospectus) that focus on developed foreign markets invest in companies with ADRs (American Depostory Receipts)which have outperformed the S&P 500 in the past 10, 5, and 3 years.

A note on diversity, be wary of investing in your companies stock. 100% of your salary is tied to the health of the company, why put that number any higher.

Invest in what you know. If you work in a specific industry invest in it! Use your material public information to your benefit. If your industry is in a downcycle (as many are) consider investing in a short fund; iishares has many offerings.

In Buffet We Trust - Look for value opportunities. If you see a company which has fallen of late; take a chance with a small investment. When fear strikes fund managers they dump even value stocks to allow for withdrawals by clients. Look to take their place and make a killing in the long term.

]]> By: friend http://blog.filife.com/retirement-advice-for-my-friends-peers/#comment-1207 friend Fri, 02 May 2008 16:45:36 +0000 http://blog.filife.com/retirement-advice-for-my-friends-peers/#comment-1207 this was very helpful! Thank you! this was very helpful!

Thank you!

]]> By: Tom Steinert-Threlkeld http://blog.filife.com/retirement-advice-for-my-friends-peers/#comment-1205 Tom Steinert-Threlkeld Wed, 30 Apr 2008 23:08:02 +0000 http://blog.filife.com/retirement-advice-for-my-friends-peers/#comment-1205 The secret to losing weight is: eat less, shake the body more. The secret to retirement investing for 90 percent ofus is: save as much as you can, find a person you trust to put it in stuff that lets you sleep at night, and don't worry about it. The secret to losing weight is: eat less, shake the body more. The secret to retirement investing for 90 percent ofus is: save as much as you can, find a person you trust to put it in stuff that lets you sleep at night, and don’t worry about it.

]]>