Post a screenshot of your 401K balance

[cleanface coney]

IMO you have to do it. Can't count on social security and / or pension like our parents did. You should definitely have a 401(k) as well as an IRA and some real estate to retire comfortably.

As far as shorter timeframes I can't really speak to that. I'm all about long-term investing because that's where you really reap the benefit of compound interest. I'm sure there's ways to make it work but other posters could probably explain it better than I could.

this might be the one thing i been bullshytting on honestly

im good at saving i got some nice bread stacked up

but i want my money to make me more money

imma have to really sit down and think this through

my job offer like 30 investment options

 

[Dusty Bake Activate]

Anybody got any brokerage accounts they invest in monthly separate from their retirement account? I got my own little sharebuilder index fund where I put in $250/month. It's not necessarily a retirement account, but it is long-term in terms of it being part of a next egg I don't plan on touching unless I really need it for something. I put a few hundred in a savings account every month too, but I figure I might as well put away a good portion of my savings in market investment and get a good 5-10% return instead of putting it all in a savings account and get like 1%. And the fees are low as hell...just $12/month.

 

[Romell]

Good thread. I just started at a new company recently so I went to investigate my previous accounts. Found out I needed to stay with the first company I worked with for 12 months to keep my contributions/their match and I left in 10 My contributions are up from the little I did invest at my last company about. 14.18% thinking about either rolling it into my current company or taking it out and putting into a Roth, but its currently going up so I'll ride the ride for now.

Putting my wife up on game now.

 

[BlvdBrawler]

Anybody got any brokerage accounts they invest in monthly separate from their retirement account? I got my own little sharebuilder index fund where I put in $250/month. It's not necessarily a retirement account, but it is long-term in terms of it being part of a next egg I don't plan on touching unless I really need it for something. I put a few hundred in a savings account every month too, but I figure I might as well put away a good portion of my savings in market investment and get a good 5-10% return instead of putting it all in a savings account and get like 1%. And the fees are low as hell...just $12/month.

I've been real pleased with my account at www.betterment.com. All you have to do is tell them what your goal is and they'll take care of the rest. They invest for you, re-balance, re-invest dividends... all of it. You don't need to know shyt about investing or the market or anything.
And the best part is, my portfolio w/ them is up 27% since I opened it in January 2012.

 

[Two Stacks]

I've been real pleased with my account at www.betterment.com. All you have to do is tell them what your goal is and they'll take care of the rest. They invest for you, re-balance, re-invest dividends... all of it. You don't need to know shyt about investing or the market or anything.
And the best part is, my portfolio w/ them is up 27% since I opened it in January 2012.

 

[Kritic]

does a selfie count?

 

[Skooby]

 

[DF is BUSY]

do all jobs offer 401ks?

 

[Dusty Bake Activate]

@PrinceDeeDer

 

[the cac mamba]

do all jobs offer 401ks?

no

 

[Macallik86]

No screenshot but upped my contribution to approximately 14% this month

Most I've ever squirreled away and it gives me an incentive to watch my spending more closely to avoid that feeling of transferring money from my investment accounts to pay bills

 

[Skooby]

Since four years ago I have contributed the full amount each year. This year that's $20,500.

My personal rate of return was 19.94% for 2021.