Investing Money

[El Kabong]

I just had to figure out where to put my yearly savings in my 401(k), I'm going with more overseas investing this year (along with a little bit in Vanguard S&P 500) as I am 100% certain inflation will happen soon and therefore a World Bond Fund looked really nice to me.

How often do you reallocate your 401k?

Well the funds come up once a year, but I can change it whenever I want to.

[Andre]

I just had to figure out where to put my yearly savings in my 401(k), I'm going with more overseas investing this year (along with a little bit in Vanguard S&P 500) as I am 100% certain inflation will happen soon and therefore a World Bond Fund looked really nice to me.

How often do you reallocate your 401k?

Well the funds come up once a year, but I can change it whenever I want to.

I take it thats your retirment superannuation fund?

Is that 100% goverment backed out there so you can never lose on it?

Out here brokers have taken over the super funds and many of them of have gone down with that last crash. Hundreds of thousands of people lost their whole life savings and the high returns prior to the crash had them topping up their retirment super funds with their other cash,very sad,many older ones just die off soon after becuase they feel broken.

[Gandalf]

How often do you reallocate your 401k?

Well the funds come up once a year, but I can change it whenever I want to.

I take it thats your retirment superannuation fund?

Is that 100% goverment backed out there so you can never lose on it?

Out here brokers have taken over the super funds and many of them of have gone down with that last crash. Hundreds of thousands of people lost their whole life savings and the high returns prior to the crash had them topping up their retirment super funds with their other cash,very sad,many older ones just die off soon after becuase they feel broken.

That is just awful, and that kind of horror makes me very reluctant to take too many risks. My savings accounts might be rubbish, but at least the money stays. The system is too complicated for the average working man who doesn't have time to sit down and analyse the it day in day out.

[jamiebhoy]

Another point you will need to consider are the tax implications, dependant on where you invest and how much time you are in that country etc.

Working in the finance industry I can only recommend that you find a financial advisor who is not specificially tied to one group and get advice that way if you are not up to speed with market trends.

I know a lot of people will call them all sharks etc but there are some good ones out there.

[leftylee]

I save about £400 a month. I'm buying a brand new car next year which is worth £12,000. With what's in my account now, from what I'll have from now to July and the value of the car I'm driving now I'll easy have the cash.

Here's the car I'm getting in July next year.

New shape Ford Fiesta titanium. This colour but with 4 doors instead of 2.

[CGM]

I save about £400 a month.
...

So your parents don't charge you for room and board then?

[leftylee]

I save about £400 a month.
...

So your parents don't charge you for room and board then?

They don't ask for it. But I give them cash for that. It doesn't go out the £400 though.

[Spicoli]

Been a long while.Had a bit of a 'situattion' with Uncle Sam stemming from a past job and then came the iffy investments catching up from my early 20's.Found some sound footing a few years back and have been steady investing in basically a solid nest egg.I prefere stacks of cash but need to make it work for me.Spent years renting which is azznine,money blown paying someone elses morgage.

[BIG H]

I save about £400 a month. I'm buying a brand new car next year which is worth £12,000. With what's in my account now, from what I'll have from now to July and the value of the car I'm driving now I'll easy have the cash.

Here's the car I'm getting in July next year.

New shape Ford Fiesta titanium. This colour but with 4 doors instead of 2.

Girl's car