UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next
Author: oldred22 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76106  
Subject: Re: 401K or do-it-myself? Date: 9/24/1998 12:12 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Pixy Writes:
different story. Often, you can do better in a nondeductible IRA and/or taxable account. You have to analyze the alternatives against the 401k on a tax-equivalent basis to be sure.<I/>

I almost responded to the original post and I am in no way taking exception to what pixy wrote, but this keeps seeming like it is being thought of as an either/or thing.

But I would think the best of all worlds would be to do both (and yes I know that cash is hard to come by).

But from what I have read even a very modest investment outside of the 401k fund will over enough time grow to a very nice additional nest egg.

Just a thought

oldred22
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (10) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Apple

Wal-Mart Nixes Apple Pay
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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