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-   -   Investing in 100 words (https://www.talkofthevillages.com/forums/investment-talk-158/investing-100-words-133601/)

l2ridehd 11-26-2014 09:10 AM
Investing in 100 words
 
Found this on the Fairmark web site. Very concise great advice and in less than 100 words. And this is so true.

Investing in 100 Words - Fairmark.com Fairmark.com

Laurie2 11-26-2014 09:56 AM
Thank you. Concise is nice. Those hundred words pretty much cut to the chase. Too much of what is said, and published, about investing comes off as tedious at best or incoherent and intimidating at worst.

I would add just a dozen more words. . .

Be aware of and manage taxable events.

Give some of it away.

manaboutown 11-26-2014 11:25 AM
I might add:

Start early (young).

Maximize your IRA, 401(k) and/or 403(b) contributions.

tcxr750 11-27-2014 08:12 AM
Consider a Roth Ira and avoid the mandatory taxable withdrawals at 70 1/2.

manaboutown 11-27-2014 09:06 AM
Quote:
Originally Posted by tcxr750 (Post 973581)
Consider a Roth Ira and avoid the mandatory taxable withdrawals at 70 1/2.
Yes! One year I was able to convert my IRA to a Roth and grabbed the chance. Now at almost age 73 I am very glad I did so.


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