Posted by SDE on January 01, 2015 at 06:45:22 from (69.179.23.3):
In Reply to: Investments 2014 posted by MarkB_MI on January 01, 2015 at 04:46:41:
I talked to my investment adviser two weeks ago. After I got divorced in 06 I had 103k left in my 401k. Then it went down to about 55k by 08. It is now at 280k. Of course I have been adding 13% of my income to it. My mutual fund, that he has me in is making 6%. I wish it was making more than that, but that is how diversification works. SLOW and STEADY wins the race.
Buy low and sell high. Gold has always been high in my opinion and so I never bought any, but the same can be said for land. OH, how I wish I had bought some 20 years ago. SDE
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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