saving at the beginning of your career. - Page 2 - TigerDroppings.com

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kingbob
LSU Fan
St. Amant, LA
Member since Nov 2010
17339 posts

re: saving at the beginning of your career.


quote:

It's smart to start investing young, but you don't need to turn into a 40 year-old overnight with a mortgage and all your money in investments. There's nothing wrong with getting an apartment, meeting people, having some fun, and only putting a little towards your retirement for the first couple of years


Nah, I think I've had enough fun

I already have an apartment, but I know it will get cost prohibitive to keep renting it long after graduation with my roommate moving out. I'll probably either downsize apartments or move back in with my parents (preferably not this, although it would save me a ton in rent and food) while I save up to build my house. I'll already be working a big boy job. My SO is 1 year behind me in school, so my goal would be to be able to start on the house (or even better have it done) about the time we would be getting hitched. She should then be able to provide a second income. That way, I can hit the ground running in my career and in three years already have the wife and the house and start building my empire (pun intended as I'll be in construction)






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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
29688 posts

re: saving at the beginning of your career.


quote:

I'm just trying to find good ways to get solid interest rates on investments with relatively little risk.


Join the club ... figure that one out and you can make billions running a hedge fund.






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jimbeam
USA Fan
University of LSU
Member since Oct 2011
30005 posts

re: saving at the beginning of your career.


just noticing that tid bit





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kingbob
LSU Fan
St. Amant, LA
Member since Nov 2010
17339 posts

re: saving at the beginning of your career.


I found it! Everyone on the moneyboard invest with me! I just figured out how to get all of you 13% every year with almost zero risk!!!! Send all your money to me today. Did I mention that the place I'm King of is in Sub-Saharan Africa?





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Fat Bastard
New Orleans Saints Fan
Paradise
Member since Mar 2009
15628 posts

re: saving at the beginning of your career.


quote:

kingbob



you want a decent return SECURED by RE?

Do some short term private lending. That is is you are not interested in rental cash flow or flips.

It can give you a decent return without a long term commitment.



This post was edited on 11/13 at 8:40 am


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