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That and lack of money !

Yah, if I feel stupid because I know nothing about something, I tend to shy away for it all together.

Same here.. I was thinking the same thing when I read the post! LOL

Yep, ditto. I've been trying to learn more about these things but for me it's hard to keep everything straight. And I can't afford to go to a CPA or tax person (I'm assuming they charge for their advice and counsel) to get the answers I need and my bank doesn't have a person to give me the advice I need for free (some do, mine just doesn't). So no investing and I know we're not making good use of the money we are trying to put away.

But of course, lack of money on a consistent basis to invest or whatever with is a stopper as well.

My thoughts exactally!!!!

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~Happiness is a large family~

It would prevent me as I know nothing so I would probably avoid it. Luckily my husband knows a lot about it and takes care of that for us.

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~Vicki~
Mama to Hailey, 4 and Ella, 2

I just leery of the stock market. I had money in a Mutual Fund - started paying into it when I started working at 15.

I lost a LOT when the tech stuff crashed. The money was managed by a financial guy, in joint with my dad, so it was being invested pretty wisely, but you can't predict things.

I still have a mutual fund - they did sell it in time that it wasn't a complete loss, but it was a hard pill.

I also have a 401k somewhere floating...no idea how it's doing.

I'm also pulling a different 401k, and that was a mildly irritating thing - I had $15k in it when I quit my job (health reasons), and when I finally got the paperwork to pull it, it had dropped all the way to $10k. It has rallied, because in the two weeks to GET the rest of the paperwork needed, it rallied back up to $13k.

I need a break from the roller coaster - past of the money when I get it is going straight into CD's. Not as great a return, but not as great of loss - I've put too much money in other's hands, and lost it because of a fickle market.

nope we started investing and after 6 months worth of reading books and researching on the internet we are pretty well schooled in it now. both dh and i are the type if we don't know about something we research it and find out.

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SILENCE IS GOLDEN BUT DUCK TAPE IS SILVER.

It is more the lack of money here. In the mean time I will keep on reading and learning until the right time comes. Plus, things are just too unpredictable to just jump in. I'd rather keep on working on building a nest egg until we are set.

For this, I have to thank my brother. I have a 401K and I did read up on that thru the company web site, but my brother is the one who told me what to put where. And when I got a big $ gift from my dad one year, he had done tons of research into investment funds and had me put the $ there. He's a millionaire and he's done a LOT of reading on investments. He's also an attorney, so I'm lucky that he'll advise me in these areas. Otherwise, I'd follow advise from Suze Orman or find out what is doing well for my friends.