The Economy

[Trek420]

I'm too lazy/uninterested to sit at my computer & try to time the market. I have my IRA in stocks 100% because I won't be able to access it anytime soon & the stock market seems to be the best investment for the long run. Plus, I'm re-investing my dividends, so when the market is down, I figure I'm buying stocks at a discounted price. My glass is always half full!

Agreed. If your employer has a 401k make sure you're in it. You really will not miss it each pay day. The money taken out is just being taken off of the table for the tax guy.

Every time I talk to someone living on social security alone I feel like clocking off and calling HR to increase the amount taken out of my paycheck pre-tax.

It's always been hard but now retirees are in a lot of pain.

I have a large amount being taken out each payday. It goes to a diverse group of funds. I do not request my employers stock because the company match (they match my first 8% so if I did not do at least that I'm a fool) is in our stock with dividends so I'm getting that anyway. Plus I don't want all my eggs in one basket.

You need that 3 legged stool, maybe 4 legs: 401k, pension, social security, your own investments. For one thing because we don't know which of those will be there by the time I retire.