Comments on: Index Funds or ETF's … you choose …

By: ETF’s as a hedging tool? « How to Make 7 Million in 7 Years™

ETF’s as a hedging tool? « How to Make 7 Million in 7 Years™ — Sat, 21 Jun 2008 08:45:10 +0000

[...] 2008 Investing Tags: etf, Investing, millionaire, money, Rich, stock A while a go I wrote a post that discussed the difference between ETF’s and and Index Funds for diversification purposes [...]

By: Why 7million7years doesn’t buy ‘packaged’ products … « How to Make 7 Million in 7 Years™

Wed, 16 Apr 2008 12:39:28 +0000

[...] index fund, Investing, retire, Rich, Stocks I left a somewhat tongue-in-cheek footnote to a recent post on the differences between Index Funds and ETFs (if you didn’t read it, I favor the former [...]

By: The ONLY three ways to invest in stocks … and, some ways NOT to … « How to Make 7 Million in 7 Years™

Sat, 29 Mar 2008 13:01:17 +0000

[...] I covered a bit about this subject in a recent post, comparing Index Funds to ETF’s … but, I want to go into it just a little bit [...]

By: docsd

docsd — Sun, 23 Mar 2008 20:06:20 +0000

Gotcha! Well I definitely still have plenty of working years left, I’ve pretty much just gotten started. And i’ve always felt pretty much the same as you regarding 401k’s and Roth IRA’s. They just always seemed to me to be the plan to be wealthy by my 60’s but not by my 40’s. Also, the fact that you get penalized so much for withdrawing before 59 1/2 doesn’t seem to chime with my goals. The only interest I had in retirement accounts was to help shelter some of the taxes.

By: AJC

AJC — Sun, 23 Mar 2008 18:21:06 +0000

@ Docsd – If you still have plenty of working years left, I don’t like investing inside the company 401k except to get the ‘company match’ (free money … yee hah!), or Roth IRA, etc. UNLESS you can (a) choose the investments, and (b) leverage those investments.

Delayed Gratification means that you get to SPEND (!) but only AFTER these excellent strategies (debts extinguished, at least 6 months of living expenses, passive income, etc.) produce more income than you need to invest (20% rule etc.).

By: docsd

docsd — Sun, 23 Mar 2008 12:38:58 +0000

Any suggestions on a strategy to use for retirement accounts if you earn beyond the limit for a 401k and Roth Ira? My wife and I will have our debts extinguished(aside from fixed mortgage at 6% and student loan at 2.8%) and at least 6 months of living expenses liquid by the end of this year and my timetable to begin investing is by the end of this year/beginning of 2009. I have no company match for a 401k, don’t own the practice that I run, get hit hard in taxes and have discovered that there is an income limit to a 401k and Roth IRA and our income is projected to increase dramatically soon due to passive income via additional clinics that I helped startup. Any suggestions?

By: AJC

AJC — Sun, 23 Mar 2008 00:15:00 +0000

@ Fiscal Musings – Great combination of strategies! Thanks FM (anytime you want to pen a ‘guest post’ about how and why you are investing, feel free to do so! Please.) …

By: Fiscal Musings

Fiscal Musings — Sat, 22 Mar 2008 22:25:15 +0000

I’m not a huge fan of the index funds and ETFs. My 401k only offers a variety of funds, but I participate in it more for the match than the investment options.

I then use a Roth IRA to purchase individual stocks so I don’t have to worry about any taxes.

Other than these I’m going after rental properties, but have been distracted by some hard money lending opportunities.

I agree with your savings vs. investments point of view though.