grill and hookah

Take that money and save it. and save every penny you make untill you have 15K.

Then save every penny beyond the 15k put in a roth ira or a mutual fund. Put 16k in their by the time you turn 26 and when you retire you will have 2million dollars.

Then go get some teeth because you will need them.

 
Take that money and save it. and save every penny you make untill you have 15K.
Then save every penny beyond the 15k put in a roth ira or a mutual fund. Put 16k in their by the time you turn 26 and when you retire you will have 2million dollars.

Then go get some teeth because you will need them.
That is horrible financial advice.

 
Take that money and save it. and save every penny you make untill you have 15K.
Then save every penny beyond the 15k put in a roth ira or a mutual fund. Put 16k in their by the time you turn 26 and when you retire you will have 2million dollars.

Then go get some teeth because you will need them.
flipper is the only person i take financial advice from and he suggested a gold grille.

 
im waiting on the reasoning on why its bad advice.

ive been saving most of my tip money off to the side to start an IRA but am unsure if i should do so because the "economy is so bad". in the last 4 weeks have like a grand spare cash to put away

 
since we getting some free monies pretty soon, im thinkin bout buyin me some new stuff. i had the idea of gettin a platinum grille, but i have no idea how many bills one of those would set me back. also, it would be hella sweet to get a bigass hookah to smoke up with tha boyz. i dont wanna spend all of it on new threads and kicks like i been doing. any other ideas yo?? help me spend my cheese.

what it do!?!
Free monies....... idiot. It isn't free it puts the country further in debt

 
Take that money and save it. and save every penny you make untill you have 15K.
Then save every penny beyond the 15k put in a roth ira or a mutual fund. Put 16k in their by the time you turn 26 and when you retire you will have 2million dollars.

Then go get some teeth because you will need them.

1. Saving $16,000 in one year is no easy feat for many people on this forum.

2. You can't "put money in a roth ira". It is a legal holding account. Within a roth ira, you may purchase a variety of securities, including mutal funds.

3. You have no idea of when he will retire, his risk profile, asset allocation, etc. Just dropping $16k in any mutual fund may or may not yield a rate of return that results in $2MM by the age of retirement. Furthermore, $2M may or may not be a signifcant sum at the time of retirement.

 
im waiting on the reasoning on why its bad advice.
ive been saving most of my tip money off to the side to start an IRA but am unsure if i should do so because the "economy is so bad". in the last 4 weeks have like a grand spare cash to put away
If you invest it is long term. Don't expect results immediately. Long term meaning 10 years. Sometimes when the economy is in the shitter it is a good time to invest because prices are down, and most company's that are purchased in the mutual funds arn't going anywhere.

 
im waiting on the reasoning on why its bad advice.
ive been saving most of my tip money off to the side to start an IRA but am unsure if i should do so because the "economy is so bad". in the last 4 weeks have like a grand spare cash to put away
You should. When the economy is bad is when it is time to buy. Just don't look at your portfolio everyday. If you try to time the bottom, best of luck. I cannot do it and I don't try.

 
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