Search found 4 matches

by tmslcs52501
Wed Aug 16, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing?
Replies: 5
Views: 710

Re: How am I doing?

To answer your question about the 401k, I contribute 16% each paycheck (630 every 2 weeks) until I reach 18k and then my contribution automatically changes to zero. My employer matches $0.50 to the dollar for the first 15% of contributions. So I max out at 18k, employer gives me 9k. My salary is 102...
by tmslcs52501
Wed Aug 16, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing?
Replies: 5
Views: 710

How am I doing?

Hello everyone, I would like opinions on whether I'm being realistic to think I can retire by 62 at the rate I'm saving/investing. Also want to have about 2.5 to 3mil at time of retirement. I earn about 120-150k per year, wife earns about 25-35k (part time). We'll both be working about 20 yrs or so ...
by tmslcs52501
Fri May 19, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in real estate.....here's my portfolio
Replies: 5
Views: 886

Re: Should I invest in real estate.....here's my portfolio

The condo I co-own in FL is worth about 90k now (zillow estimate), we bought it for 133k in 2006. We see no profit each year and I really don't even think of it as a real estate investment since I only own 25% of the place and it's not worth much to begin with. We have a renter paying us $800 month,...
by tmslcs52501
Thu May 18, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in real estate.....here's my portfolio
Replies: 5
Views: 886

Should I invest in real estate.....here's my portfolio

I am really interested in investing in real estate, primarily for rental income. I currently have 1/4 of a condo in Jacksonville, FL that we have owned and rented out for 12 yrs now. I am looking to buy a condo in Myrtle Beach, SC for up to 100k max. Here's my portfolio now. If you were me, would yo...