08-01-2012, 10:41 AM
We have three retirement accounts.
My 401k (68% of total) - stock mutual funds only (medium risk)
My wife's IRA (21%) - individual stocks like AAPL (medium/high risk)
My IRA (11%) - mostly call options or spreads (very high risk)
But so far this year, the 401k is up just 11%, my wife's IRA is up 26%, and my IRA is up 75%.
So...risk is very worthwhile as far as I'm concerned! But I agree, you don't want to put 100% of your retirement funds in FB or AAPL or call options. Unless you are 21 years old and only have a few hundred dollars to play with - then you should go all in!
My 401k (68% of total) - stock mutual funds only (medium risk)
My wife's IRA (21%) - individual stocks like AAPL (medium/high risk)
My IRA (11%) - mostly call options or spreads (very high risk)
But so far this year, the 401k is up just 11%, my wife's IRA is up 26%, and my IRA is up 75%.
So...risk is very worthwhile as far as I'm concerned! But I agree, you don't want to put 100% of your retirement funds in FB or AAPL or call options. Unless you are 21 years old and only have a few hundred dollars to play with - then you should go all in!
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market