Join AARP
Join for Just $16 A Year
- Discounts on travel and everyday savings
- Subscription to AARP The Magazine
- Free membership for your spouse or partner
Message Boards Directory
Welcome to the AARP Discussion Board. Here you can talk with peers about current events ranging from Social Security to caring for your parents to the latest on health care reform. It is also the perfect place to exchange healthy eating recipes and job hunting tips.
These forums are for you to engage and have fun meeting new people. Just remember the community code: Be nice!
Should I still be investing ?
False
Budget & Savings
Should I still be investing ?
<font size="1"><div>Saving money is easier than you might think with a little ecouragement from fellow savers on a budget. Learn how to save for long or short term goals. Who knows a money saving expert might even pop in every once in a while.</div></font>
Hi everyone, any and all comments welcome. Im 68 yr female, solo, //living on SS and small mo pension. and I have a small savings./ira and Im not very knowledgeable regarding finances/investing. Also
0
Cat:827966ee-6d39-4ef7-98a5-0157a43092f8Forum:f80ddd14-505a-4bab-8d65-8444c1068885
Cat:827966ee-6d39-4ef7-98a5-0157a43092f8Forum:f80ddd14-505a-4bab-8d65-8444c1068885Discussion:eac4a803-1e92-47e8-a5ba-59655d129d99
Forums » Money » Budget & Savings » Should I still be investing ?
|
Should I still be investing ?
posted at August 14, 2012 10:22 AM EDT
|
Posts: 2
First: August 14, 2012 Last: August 16, 2012 |
Hi everyone, any and all comments welcome. Im 68 yr female, solo, //living on SS and small mo pension. and I have a small savings./ira and Im not very knowledgeable regarding finances/investing. Also, I have priced independent fin. advisors and cannot afford that advice ($500 1 hr or $1200 for a plan).// do not want to use resource at my financial institution for personal reasons. My questions is this. -- I cover (for now) my monthly expenses with my fixed income. -- my savings are 50%/50% stocks and bonds. My questions is , should i try to be saving money from my fixed income to invest for future, even though i currently have a small savings? thank you for any help. kp |
|
|
Re: Should I still be investing ?
posted at August 24, 2012 12:01 PM EDT
|
|
Posts: 2
First: August 24, 2012 Last: August 24, 2012 |
I guess the question is....do you have enough income left over from your fixed income to add to your savings. If you do, why not add to your savings. Maybe you will want to take a trip or buy a new tv or have a future medical cost. But, if you need your fixed income to eat and pay rent.....I would suggest you eat and pay rent. Or maybe pick up a part time job somewhere to make some extra money. Try to find someplace you would like to work so it is fun. |
Forums » Money » Budget & Savings » Should I still be investing ?
