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re: Millennials Guide to Investing and Retirement

Posted on 5/6/14 at 9:34 pm to
Posted by Emiliooo
Member since Jun 2013
5148 posts
Posted on 5/6/14 at 9:34 pm to
quote:

4) Bonds are safe and stocks are risky, so their expected returns reflect that.

5) Your investment account should consist of 33% Total US stock fund, 33% Total international stock fund, and 33% Bond fund (preferably gov't). You should rebalance yearly, which should take 15 min.

While I agree partially, it should reflect your risk appetite. Me being young, I can take as much risk as I want and invest heavily in the stock market.
Posted by JL
Member since Aug 2006
3047 posts
Posted on 5/7/14 at 1:39 am to
I let my emergency fund build up and when it reaches a certain point I use the money for a down payment on a rental house or buy some interest in an oil well. If an emergency comes up after i drain my account I can always get a HELOC or sell off some stock. Also have an emergency line of credit with my credit union and credit cards.
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