Scott Kahan
Scott Kahan
doubling interest loan payment reduce savings student takes time total
Doubling the student loan payment will reduce the time it takes to pay the loan, but the total savings in interest will be marginal.
past six
Don't look at the past six months. Look at the past five, 10 or 20 years of returns.
capital card careful changing gains wild
The wild card is capital gains distributions. So you have to be very careful when you're changing your portfolio.
fund last people tip year
A lot of people just look at how the fund did last year and the Morningstar stars, but that's just the tip of the iceberg.
afraid commit money people
Young people are always afraid to commit money long-term.
clue last people several
In the last several years there hasn't been much of a downside. There hasn't been much of a downside, so people have been spoiled. They don't have a clue as to how it really works.
days market moves people percent term three
I know people think three days is long term in the market these days. But if you're a long-term investor, 2, 3, 4 percent swings, which are big moves in a day, are meaningless when you look back.
bought buying investors knowing last securities selling stocks year
Investors have been buying a lot of securities in the last year that haven't made a lot of sense to buy. They bought stocks without knowing why, and so now they're selling stocks without knowing why.
buy funds numbers sector similar
In sector plays, you should buy after a down period, when the numbers look terrible. But when you look at a fund, if similar funds have done well and one fund has done poorly, you don't use that logic.
looking people percent
For people who are looking to get into this market, they probably should not have more than 20 percent in tech.
add additional age bringing grow including ira next outside percent plans saves
If he saves $2,500 between his 401(k) and outside savings, which he plans to do, this will grow to $526,450 at 8 percent over the next 11 years. The IRA rollover would add an additional $385,000 by age 57, bringing his investments, not including real estate, to over $900,000.
broken definitely goes rubbing sounds
It sounds like a broken record, and it's boring. It's something we definitely don't want to keep rubbing in people's faces. But it goes to show that diversification works.
looks low money save since year
It looks like he can save a lot of money each year since he has low expenses.
invest maybe sell somewhere willing
If you're not willing to invest more in it, maybe you should sell and invest somewhere else.