.:HSTuners::

*AzCivic* · 01-17-2006, 05:15 PM

I opened a Roth IRA, I'm 24 and should've done it about 6 years ago but was too stupid. Better late than never I suppose.

If you don't have one, start one!
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NOW!!!

Wren57 · 01-17-2006, 05:23 PM

Nice... I don't have a IRA because I plan on pulling my money out of my investment account and using it towards a house, but once I get a down payment on a house, IRA here I come.

Congrats again, one step closer to becoming an honest millionaire.

*AzCivic* · 01-17-2006, 05:32 PM

thanks. yes buying a house is definitely important, I wish I could afford a second house to rent out.

JDMFantasy2k · 01-17-2006, 05:45 PM

pops set one up in my name before he passes, definatley a good idea

*pdiggitydogg* · 01-17-2006, 06:33 PM

yeah...i should

Si-R CRX · 01-17-2006, 06:39 PM

Yeah I'm 24 and I just started 401k and stock purchase about 2 months ago. Should have done it a long time before now.

*ChrisCantSkate* · 01-18-2006, 12:04 AM

i need to get on it.. i have a few investments going now which im up almost 30% on now, but not enough in for the long haul. i need to get an IRA set up though and not just long term investments. also i do want to get a house once i figure out where im gonig to stay for the next few years

*AzCivic* · 01-18-2006, 12:07 AM

I started mine all online, it was pretty easy. If you're worried about having your money tied up that you'd want to put down on a house, you can take it out penalty free for your first house.

GT40FIED · 01-18-2006, 12:37 AM

Man...it'd be hard for me to get so excited about financial stuff. I'll let the CPA that does my taxes worry about that (he gives me investment ideas, too). I know little about this shit other than what the names mean.

*ChrisCantSkate* · 01-18-2006, 09:28 AM

heh i just read "the richest man in baboloyn" and it was all about how to become wealthy off a "normal mans pay". it put almost everything ive learned over the past 3 years into perspective and how to think about managin my money for the rest of my life. if anyone hasnt read it i cant say enough how much you need to read it, if earning money is an interest of yours. for a savings/investment its not hard, just set aside a certain % of each paycheck, like 10% and eventually it will build up to something decent and as long as you have it working for you in some investment its the first step to becoming wealthy... not rich.

01-17-2006, 05:15 PM	#1
AzCivic Moderator Join Date: Feb 2002 Location: Az Age: 44 Posts: 3,804	I finally did it! I opened a Roth IRA, I'm 24 and should've done it about 6 years ago but was too stupid. Better late than never I suppose. If you don't have one, start one! . . . . . . . . . . . . . . . . . . . . . . NOW!!!

01-17-2006, 05:23 PM	#2
Wren57 Registered User Join Date: Feb 2002 Age: 40 Posts: 2,856	Nice... I don't have a IRA because I plan on pulling my money out of my investment account and using it towards a house, but once I get a down payment on a house, IRA here I come. Congrats again, one step closer to becoming an honest millionaire. __________________ yeah, its that big

01-17-2006, 05:45 PM	#4
JDMFantasy2k Registered User Join Date: Mar 2004 Location: northeastern connecticut Age: 38 Posts: 1,765	pops set one up in my name before he passes, definatley a good idea __________________

01-17-2006, 06:39 PM	#6
Si-R CRX Registered User Join Date: Dec 2005 Location: NC Age: 43 Posts: 101	Yeah I'm 24 and I just started 401k and stock purchase about 2 months ago. Should have done it a long time before now. __________________

01-18-2006, 12:04 AM	#7
ChrisCantSkate Thought Police Join Date: Aug 2001 Location: orlando florida Age: 41 Posts: 9,662	i need to get on it.. i have a few investments going now which im up almost 30% on now, but not enough in for the long haul. i need to get an IRA set up though and not just long term investments. also i do want to get a house once i figure out where im gonig to stay for the next few years __________________ Black Vtec Prelude-h22a power'd Many dreams come true, and some have silver linings. I live for my dreams and a pocket full of gold.

01-17-2006, 05:32 PM	#3
AzCivic Moderator Join Date: Feb 2002 Location: Az Age: 44 Posts: 3,804	thanks. yes buying a house is definitely important, I wish I could afford a second house to rent out.

01-17-2006, 06:33 PM	#5
pdiggitydogg Yahoo Watashi wa kattaze! Join Date: May 2002 Location: Meanwhile, up in The D... Age: 41 Posts: 10,579	yeah...i should

01-18-2006, 12:07 AM	#8
AzCivic Moderator Join Date: Feb 2002 Location: Az Age: 44 Posts: 3,804	I started mine all online, it was pretty easy. If you're worried about having your money tied up that you'd want to put down on a house, you can take it out penalty free for your first house.

01-18-2006, 12:37 AM	#9
GT40FIED Best...mod...ever Join Date: Sep 2001 Location: At the end of the longest line Age: 43 Posts: 7,451	Man...it'd be hard for me to get so excited about financial stuff. I'll let the CPA that does my taxes worry about that (he gives me investment ideas, too). I know little about this shit other than what the names mean. __________________ 1984 1/2 Mustang GT350 #842, Faster than you...nuff said Anna Fan Club President/Dictator Someday, in the event that mankind actually figures out what it is that this world actually revoles around, thousands of people are going to be shocked and perplexed that it was not them. Sometimes this includes me. "If you want a vision of the future, imagine a boot stamping on a human face - forever." - George Orwell Welcome to the new Amerika

01-18-2006, 09:28 AM	#10
ChrisCantSkate Thought Police Join Date: Aug 2001 Location: orlando florida Age: 41 Posts: 9,662	heh i just read "the richest man in baboloyn" and it was all about how to become wealthy off a "normal mans pay". it put almost everything ive learned over the past 3 years into perspective and how to think about managin my money for the rest of my life. if anyone hasnt read it i cant say enough how much you need to read it, if earning money is an interest of yours. for a savings/investment its not hard, just set aside a certain % of each paycheck, like 10% and eventually it will build up to something decent and as long as you have it working for you in some investment its the first step to becoming wealthy... not rich. __________________ Black Vtec Prelude-h22a power'd Many dreams come true, and some have silver linings. I live for my dreams and a pocket full of gold.

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