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[quote=Anonymous][quote=Anonymous]For a newbie with 50 K saved, where to start investing since interest rates on CD's are still so low?[/quote] In general there are two answers: 1 save your pennies and watch it grow over a few decades. 2 increase your income. I know friends who in their early 40s have very large 401k and together with their house would be over a mil. But this took 15-20 years of working and saving. If you want to get there faster or with fewer sacrifices, you need to figure out how to increase your income through work, business, or investments. [/quote]
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