http://www.moneyandinvesting.net/2007/01/25/frugal-stock-market-choices/ Making you richer every day. Tue, 22 Dec 2009 00:16:54 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.moneyandinvesting.net/2007/01/25/frugal-stock-market-choices/comment-page-1/#comment-6 A Basic Savings and Investment Strategy: 10/10/10 : Money And Investing Sat, 27 Jan 2007 18:35:14 +0000 http://www.moneyandinvesting.net/?p=8#comment-6 [...] Long Term Investments: Once you fund your current life (something not everybody does), and you are on your way to funding your Retirement, you can fund your great achievements. I put it last in your list of things to achieve because you can always buy a house later, but you should not be risking going into debt by not having emergency savings or the money to buy your luxuries, and you should not risk poverty on the years you are least able to produce money. This is money you will not probably use in the next couple of years, and as such you can invest it. A Mutual Fund, Electronic Traded Fund, or Brokerage account could be a good idea. Those with kids may want to think about Educational IRAs or 529 plans. Again, make the transfers automatic so that it requires less discipline on your part and that makes the goal more achievable. You may want to check into the Frugal Stock Market Choices for investment vehicles that may be appropriate for this kind of savings. [...] [...] Long Term Investments: Once you fund your current life (something not everybody does), and you are on your way to funding your Retirement, you can fund your great achievements. I put it last in your list of things to achieve because you can always buy a house later, but you should not be risking going into debt by not having emergency savings or the money to buy your luxuries, and you should not risk poverty on the years you are least able to produce money. This is money you will not probably use in the next couple of years, and as such you can invest it. A Mutual Fund, Electronic Traded Fund, or Brokerage account could be a good idea. Those with kids may want to think about Educational IRAs or 529 plans. Again, make the transfers automatic so that it requires less discipline on your part and that makes the goal more achievable. You may want to check into the Frugal Stock Market Choices for investment vehicles that may be appropriate for this kind of savings. [...]

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