Quote:
Originally Posted by jims69camaro
rainy days are coming. take 2000 and put it in a 90 day rollover CD. take the other 2000 and put it in a Roth IRA and do that again next year and the year after that. with Roth IRAs, the interest income is not taxable. it's the only way to fly.
all young guys should have at least one IRA account and one CD/Savings account. the IRA is secure and insured. the savings provide liquidity when necessary. if you do need to take money out of the savings account, though, treat it as a loan to yourself. make regular, timed payments until the balance is = > what it was.
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^^Actually thats great advice^^ Boring, but when you start to get older you'd be glad you did. Once you start saving money it becomes addictive.