Barbara Steinmetz
Barbara Steinmetz
afraid contribute free giving plenty sure
Someone is giving you free money. Even if you're afraid of the market, there are plenty of low-risk options. Just make sure you contribute enough to at least get that match.
equity everybody fool fools-and-foolishness markets
That was a thing we were getting away from when the equity markets were on a tear. Everybody thought you were a fool to get into anything else.
concentration excellent means stock type
This type of concentration means you have to be an excellent stock picker, something that many professionals wouldn't try.
bought credit debt paid paying sale
You bought it on sale and you end off paying more for it if you paid by credit card. Get that debt paid off and get on with it.
goals home horizon invested longer market mind present problems purchase rule stock thumb time volatility
One rule of thumb to keep in mind is that any monies for short-term goals such as this home purchase should not be invested in the stock market. Market volatility could present problems if you do not have a longer time horizon for such investments.
fire fuel
You still have to fuel the fire through saving. You have to keep contributing to your IRA.
happen
Back in the 1990s, we had an anomaly. It's not going to happen again.
call means paying putting
I like to call it paying yourself first. It means putting yourself as a priority.
changes entire perspective
It really changes your entire perspective when you go through an inheritance.
key mind taking thinking ups
The key to keep in mind with IRAs is you're taking a long-term horizon. You've got to go in thinking there's going to be ups and there's going to be downs.
houses reason reevaluate
There's a reason why houses don't sell. (You need to) reevaluate what you're selling.
emergency needs retirement save
The first tenet is an emergency fund. Even before you save for retirement that needs to be put in place.
money table toward
You've got to get that money off the table and put it toward other goals.
economy facing job volatility wipe
The economy has changed. We're going to be facing more volatility in the job arena. That can wipe you out in a heartbeat.