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Author: JLC Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75626  
Subject: Re: What's next? Date: 10/2/2000 5:15 PM
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<<<I am putting 16%(max)in my 401K. I was told the next step would be to invest in a mutual fund. Would this be a IRA or just a regular mutual fund account? Some guidance, please. >>>

My short list (assuming debts/loans have been paid off). 401k to employer match max (if employer matches 5% I'd stop there, I doubt they match 16%, would do better cutting down to employer match and then starting IRA), Emergency fund (3-6 months of living expenses), Roth IRA (if you qualify, if not then Traditional), Regular brokerage account, payoff mortgage.

JLC
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