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Financial Advising 101

Posted on 3/3/17 at 12:22 pm
Posted by CRope28
Baton Rouge
Member since Oct 2009
88 posts
Posted on 3/3/17 at 12:22 pm
(no message)
This post was edited on 6/20/22 at 12:21 pm
Posted by lynxcat
Member since Jan 2008
24151 posts
Posted on 3/3/17 at 12:23 pm to
Read the sticky.
Posted by Costanza
Member since May 2011
3151 posts
Posted on 3/3/17 at 12:31 pm to
Short version:

Contribute to 401k to get match
Max roths for you and your spouse
Contribute what's left into you 401k
Posted by ItzMe1972
Member since Dec 2013
9802 posts
Posted on 3/3/17 at 12:34 pm to
Not even 30 and have house and cars paid off.

Great job!
Posted by CRope28
Baton Rouge
Member since Oct 2009
88 posts
Posted on 3/3/17 at 12:47 pm to
(no message)
This post was edited on 6/20/22 at 12:22 pm
Posted by Costanza
Member since May 2011
3151 posts
Posted on 3/3/17 at 12:59 pm to
Read the sticky.
Posted by CRope28
Baton Rouge
Member since Oct 2009
88 posts
Posted on 3/3/17 at 1:13 pm to
(no message)
This post was edited on 6/20/22 at 2:01 pm
Posted by raw dog
Baton Rouge
Member since Nov 2011
483 posts
Posted on 3/3/17 at 1:46 pm to
How do you have your house paid off?
Posted by lynxcat
Member since Jan 2008
24151 posts
Posted on 3/3/17 at 11:29 pm to
The top thread.
Posted by Weaver
Madisonville, LA
Member since Nov 2005
27722 posts
Posted on 3/4/17 at 10:15 pm to
Ot baller would be my guess
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
47454 posts
Posted on 3/4/17 at 10:51 pm to
How the frick is every person on here making six figures?!!?! Everything I read has me in the top 10 percentile for my age and I don't do this shite!
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7540 posts
Posted on 3/5/17 at 9:18 am to
quote:

Would you see an advisor on where to allocate funds within an IRA or is that something I can figure out in my own with sufficient research?

You should look into this boglehead article about tax-efficient fund placement. Talking to a fee based advisor at the beginning isn't a bad idea.

tax-efficient fund placement
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75216 posts
Posted on 3/5/17 at 9:53 am to
Everyone isn't making 6 figures.
Posted by barry
Location, Location, Location
Member since Aug 2006
50346 posts
Posted on 3/5/17 at 12:26 pm to
quote:

How the frick is every person on here making six figures?!!?!


People who make 50k don't advertise it as much
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