And I guess you don't lose when the price goes down? Anyway, I'm waiting for Trump's misguided and wrong tax reform package to get passed by Congress before I sell. :laugh:
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Republicans hold a majority of Senate seats. I can't help it if they're not your kind of Republicans. :D
Just start.
I think back just 37 years ago. I was renting an efficiency apartment at the Mid-City Hotel at Line and Jordan in Shreveport. ALL of my worldly belongings I could fit in my car...a big car, granted, a 1973 Impala. Big by today's standards. My salary that year was $16,500 (that was 1980). I had no investments, no savings. What little savings I did have I had to take out just to pay deposits and stuff. I lived paycheck to paycheck for the next couple of years. What I did do was open a 401K account with the company, but I only put in the minimum, 4% before tax, as I recall. They matched dollar for dollar, so effectively I had a 100% return on that investment. Now, 37 years later, that very 401K account has been rolled into an annuity which my kids/grandkids will inherit some day, because honestly, I don't need it.
I got married in 1985 and my wife was BIG into savings and investing. Really, she is the reason we have what we have today. She insisted on "paying ourselves first" via investments. In 1986 I was making $23,000 and she made all of $10,000 teaching at a private academy. Yet....here we are.
Just start investing.
More good advice from D80. One of my better investments was buying I-Bonds starting around 1999. I bought when the fixed interest was from 3.5% to 1.25%. Coupled with the inflation kicker, they were paying between 3.5% to over 5% even when interest rate plunged to close to zero. The best thing was that the interest payments were tax deferred and compounded with the principle. I was buying the max amount back then at $60K a year. Now max amount is $10K.
I was not big into Treasury bonds. I bought one bond per month from 1986 until 2000. My company set it up via payroll deduction and they matched us dollar for dollar. We bought $100 face value bonds, which I think one would pay $50 for, but I paid $25 and the company paid $25. I think that's how it works (worked). I don't really remember. Then they grow for 30 years and mature. My 1986 bonds have matured but I haven't done anything with 'em yet. Some of them are EEE. I'm talking about your run-of-the-mill US Savings Bonds. But most of them are EE. Some may be just E. It depended on the state of the economy when the bond was issued. We're not talking about a bunch of money. I have only 12 $100 bonds per year. Actually, I forgot I had them!
http://www.washingtontimes.com/news/...tm_medium=push
Maybe we'll finally find out who hacked the DNC computers.
Baloney. You can't lead a liberal who has a fear of facing the people who didn't elect her when she goes back home. You also can't lead a loser like McCain who has to lie to win his home state. It's really about 53-47 Liberals idiots over Republicans in the Senate.