Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (30) | Ignore Thread Prev | Next
Author: jammasterlee One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6751  
Subject: Saving up for house Date: 4/13/2006 10:55 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
My goal is to use my Roth IRA to buy a house, hopefully within 5 years.

I haven't purchased anything yet (besides index funds) because I am waiting for a transfer into scottrade.

I'm looking at the following stocks:
Basically, I'm trying to follow Peter Lynch's advice by investing in what I know. And the only thing I know is retail. I like companies with strong brands and strong balance sheets more than anything else. I don't quite understand the whole surfer movement (VLCM and PSUN) but I'm willing to take Tom's word for it. And I like the idea of ZIPR.

Any thoughts on this selection and how I should arrange my portfolio? I'm going to keep about 1/4 to 1/3 in something big, like an index fund or in BRK.A

Thanks for any feedback!
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (30) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Value Hounds

Waiting for Clarity
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.