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re: Best way to invest
Posted on 7/30/08 at 8:58 pm to lsutigers11
Posted on 7/30/08 at 8:58 pm to lsutigers11
quote:
im 24 years old. plan on going back to school in 2 years to quadruple my salary.
In that case, I'd do this:
1) Max out a Roth (that way you can get at the principal if you really need it). That'll absorb roughly half of it, and is a good start.
2) For your second year, save enough to take 1-2 months off between the job and school on a summer vacation you can tell your grandchildren about. Travel abroad and such, just be sure it's worth five grand or more. Do it now before you get tied down with a job and a family.
Then graduate, go out and make money.
Posted on 7/31/08 at 8:51 pm to Hitman
stock options. I made 150% return on Motorola calls today off their earnings announcement. Bought on Monday at $0.70. Sold Thursday at $1.75.

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