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What is the best place for me to invest my retirement money? I am 42.? |
Want to get more aggressive about investing my IRA. What is the best bet long term? Any suggestions? GET A FINANCIAL PLANNER. Mine has been wonderful. Without her, I would have lost it all. She has grown my portfolio my 30% in 6 years. You may consider diversified domestic and international mutual funds. A financial planner can suggest you the mix of aggressive, moderate, and conservative mutual funds. I would stay away from individual stocks. I invest in a mix of small, mid-cap, large company, balanced, and international (no load) mutual funds, and exchange traded funds. That way I am able to average returns of 15% - 20% per year no matter what the stock market does. Stock Market. Tiger Woods and gold. chose a place where u get the maxm for minm One of the most common retirement plans is the 401 K. In a 401 K, some amount is deducted monthly from your pay check. The money is tax deferred and so you do not pay taxes on the amount invested. Usually there are various investment choices like mutual funds, stocks, bonds etc. In some cases, the employer will match the employee鈥檚 contribution to the account, though these instances are decreasing. |
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