No. of Recommendations: 0
Pixy,

<< I believe there are many instances wherein a contribution to a tax-sheltered vehicle does NOT make sense.>>

I agree, on the basis of there always being exceptions, but frankly, I've not been able to think of an exception to this one. Can you suggest a couple?

<<they all depend on an individual religiously
investing money.... After-tax alternatives...can be the greatest mistake an undisciplined person can make.>>

That's what automatic deposits, and automatic check to (bank/mutual fund/etc) are for. Of course, there are pitfalls here, too. This gets the money in painlessly, but it doesn't pursuade the investor to leaave it there for a sufficient period of time. And there are problems with the automatic deposit bit, too. Would you believe that my ex-company's bank could handle direct payroll deposits to themselves, but they "didn't know how" to make such deposits to somebody else's bank?

Regards,

Eric
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement