On Wed, 23 Apr 2008 04:16:26 -0500, supurman182
<supurman182[at]yahoo.com> wrote:

- quote -

Not enough information. What investment options do you have in the
401k, can you accept stock market volatility without jumping in and
out, what other investments do you already have, do you have any
debts, do you have an emergency reserve in place, can you afford to
contribute to the 401k while doing the other things you need to do,
etc.?


-HW "Skip" Weldon
Columbia, SC

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

On Apr 23, 4:16*am, supurman182 <supurman...[at]yahoo.com> wrote:
- quote -

There is not much to go on here. I'd say it is not an either-or
situation but a both-and.

Funding your retirement will take contributions of 10% or 12% of your
income if you are young, or more depending on your age. It could be
handy at retirement age to have some of that in a Roth IRA, but it can
be handy now to have some of it contributed pre-tax.

Dave

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

supurman182 <supurman182[at]yahoo.com> writes:

- quote -

Standard advice around here is usually to fund the 401k up to the company
match, then fully fund a Roth IRA, and then go back and put in non-matched
funds in your 401k with any leftover money. But, do you have any
non-mortgage, non-student-loan debt (credit cards, car loan, etc)? What
about an emergency fund? If you're in the hole I'd suggest that getting
out of it has equal priority to funding the Roth.

-Sandra the cynic

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

currently invest in a 401k plan in my work but they do not match
anythings. My question is should i even have it or should i invest
elsewhere?

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.