I Love Investing

Personal Stories, Advice, and Support 20 People

    I am 48 years old and have a lower middle class

    income of between 40k and 50k a year. So far I have saved 120k in a traditional retirement account and 50k in regular mutual fund account. How much will I need for retirement? I am thinking 600k with a life expectancy if 80. Can I do it?
    Kimbizz Kimbizz
    51-55, F
    2 Responses Nov 29, 2014

    Never fall in love with your stocks.

    Trading should be unsentimental behavior. But if you are a sentimental guy, what can you do? This rule is useless for you. One way, quit it, it is the best way. If you don't want to quit, keep the decision process longer and longer, maybe TIME can help you to make the right...
    harrywei harrywei
    41-45, M
    Dec 11, 2015

    In the financial market,

    it is hard to make decisions, Just because of the high uncertainty of the market. At this moment, I am used to asking for my friend's opinion, whom I think is specialized in this field, and usually, I 'll ask two friends about the same question. I found a very tricky...
    harrywei harrywei
    41-45, M
    Dec 9, 2015
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