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Money and Finances
Reply to "handling finances when you're between jobs"
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[quote=Anonymous]I'm not telling you what to do, but here's what I did: Never had a 401k offered at work. I funded my Roth IRA, learned to invest and now I get 5-10% return a month. 401k is holding you back as someone else is doing the investing and got you into slow moving mutual funds with fees most likely. I sold my three properties, put money into the market, where it did 5x. I have free ex employers calling me to come back to work. They are raising the salary with each call. I never had the services and expenses you do. It's almost like you started from top down, not bottom up. 401k is nothing like Roth IRA. I'd stop it now. It's a shame that you saved instead of learning all about the markets and investing. The last 16 years have been great. The dips were all buying opportunities. For a job, dog sit, babysit, or apply at any restaurant. [/quote]
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