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Investing/Strategies / Retirement Investing
|Subject: young dumb and full of $$$||Date: 12/20/1999 10:38 PM|
|Author: stevenbbrown||Number: 16671 of 74001|
i'd describe myself as an aggressive investor, yet all my money is in mutual funds. i'm 25, recently married. the house thing is done. the first family car thing is done. now, before the eggs get hatched, i want to be aggressive with my money? i will take advantage of the 401ks, but what about the extra money? should i venture into the stock, day-trading world? my goals are high. i'd like to have 5 mill or more by the time i retire in my 60s. my wife and i already have a head start on most people our age b/c of her lifetime money savings plan. So consider something like being 25 with 50k in mutual funds and an extra money problem of 1500-2000/month.
where would you put the 50k?
where would you put the extra monthly income?
we are already taking advantage of the 401k, but i don't think 401k alone will allow me to reach my goal!!
anybody have any advise?
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