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Updated almost 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Saint George, Utah
  • Member since Jan 3, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Saint George, Utah
  • Member since Jan 3, 2017
Connect
Account Closed
  • Saint George, UT
15
Votes |
24
Posts
Tax, SDIRAs & Cost Segregation

Save capital for REI or business ventures, not 401k, IRA, Mu. Fu.

Account Closed
  • Saint George, UT
Posted

I agree with Swanny. Mutual funds, IRA's, and 401k's (maybe if there is a company match-free money) are a waste of time. Save money for real estate investments or even when the right business venture comes along. See this link to shed light on this matter:

https://www.yahoo.com/finance/news/self-made-millionaire-dont-put-161146781.html

Tim

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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Saint George, Utah
  • Member since Jan 3, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Saint George, Utah
  • Member since Jan 3, 2017
Connect
Account Closed
  • Saint George, UT
15
Votes |
24
Posts
Account Closed
  • Saint George, UT
Replied

Please see this link by a self made millionaire by age 30 (He didn't put any money into a 401K):

https://www.yahoo.com/finance/news/self-made-millionaire-dont-put-161146781.html

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