I'm sure there are other threads on this, but I want this one to be focused ... not on Bubbles' hot penny stock that sucks, but more about strategies. Where are you putting your money and why (time of life, risk profile, etc.).
Part of the reason I started this thread was because I'm now managing the assets of my wife, along with my own. I'm struggling with new ideas of what to do with savings beyond the standard IRA, ETF, index fund stuff.
Any thoughts? If not, general investing strategies are encouraged.
Anyway, I always focused on meeting my match on my company 401(k), then maxing out an IRA, then go balls out on stocks/bonds/etc. in my 20s. As I know have control on my wife's savings money, I've thought about a different strategy ... but I'm not there, given the goofy interest rate times we are in.
BTW - If you would have followed my advice on ITC about 9 months ago, you would have made a pretty penny.
I don't really have any advice to give (not that people would want to hear it from me anyways) but I will share what I have going on.
Been at my current job for a little over 3 years (im 25 y/o now) Put away 5% of my salary and my employer matches that with an additional 10%...so I have putting away 15% over the last 3 years into mutual funds into my 403b. Dabble is the stock market a little bit but I don't really know what I am doing there so for the most part I stay away. Put a set amount of every paycheck into a savings account on smartypig.com...which always seems to have the best (although still minuscule) interest rate around. Eventually when I am done with school and the costs that go with it and have more disposable income I would like to begin to put some money away every month into large stable companies that have long history's of dividends...eg proctor gamble, coca cola
as I said...don't have anything to add but I am interested in reading this thread.