Comments on: How Does Compound Interest Work? http://thezencapitalist.com/2009/10/how-does-compound-interest-work/ Thu, 29 Jul 2010 05:48:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: zen http://thezencapitalist.com/2009/10/how-does-compound-interest-work/comment-page-1/#comment-103 zen Tue, 27 Oct 2009 03:48:45 +0000 http://thezencapitalist.com/?p=877#comment-103 That's awesome VT. I'm not sure how much your company matches, but have you considered funding an IRA to max limit too? I would definitely look into that since it has a "use it or lose it nature" plus there are more options for early withdrawals without penalty. I'll be covering IRAs and 401ks soon. That’s awesome VT. I’m not sure how much your company matches, but have you considered funding an IRA to max limit too? I would definitely look into that since it has a “use it or lose it nature” plus there are more options for early withdrawals without penalty. I’ll be covering IRAs and 401ks soon.

]]> By: VT http://thezencapitalist.com/2009/10/how-does-compound-interest-work/comment-page-1/#comment-99 VT Mon, 26 Oct 2009 00:07:25 +0000 http://thezencapitalist.com/?p=877#comment-99 I recently increased my 401k contribution to 15% ..... I figure I have more money to put away now before the mortgage and family responsibilities =D. I LOVE compound interest...thanks ZC! I recently increased my 401k contribution to 15% ….. I figure I have more money to put away now before the mortgage and family responsibilities =D. I LOVE compound interest…thanks ZC!

]]> By: My Star Wars Collection Was a Waste | The Zen Capitalist http://thezencapitalist.com/2009/10/how-does-compound-interest-work/comment-page-1/#comment-89 My Star Wars Collection Was a Waste | The Zen Capitalist Wed, 21 Oct 2009 15:23:54 +0000 http://thezencapitalist.com/?p=877#comment-89 [...] it being an investment, it’s time to sell the collection.  Simply put, there are better ways to invest your time and money.  There’s no sense in keeping your collection because all it does is take up space and [...] [...] it being an investment, it’s time to sell the collection.  Simply put, there are better ways to invest your time and money.  There’s no sense in keeping your collection because all it does is take up space and [...]

]]> By: zen http://thezencapitalist.com/2009/10/how-does-compound-interest-work/comment-page-1/#comment-85 zen Mon, 19 Oct 2009 21:33:18 +0000 http://thezencapitalist.com/?p=877#comment-85 @JoeD. As long as you don't have any major credit card debt that is higher in interest than the annual return from your 401k, I would recommend sticking with your employers 401k. One cool thing is that it's automatic savings. The money will be taken away from your check immediately. Out of sight, out of mind. Also in the event that your company matches in the future, you're already signed up! @JoeD. As long as you don’t have any major credit card debt that is higher in interest than the annual return from your 401k, I would recommend sticking with your employers 401k.

One cool thing is that it’s automatic savings. The money will be taken away from your check immediately. Out of sight, out of mind. Also in the event that your company matches in the future, you’re already signed up!

]]> By: JoeD http://thezencapitalist.com/2009/10/how-does-compound-interest-work/comment-page-1/#comment-83 JoeD Mon, 19 Oct 2009 08:10:25 +0000 http://thezencapitalist.com/?p=877#comment-83 That loaf of bread looks amazing! On a more serious note. My employer doesn't match one for one, is it best to stick with their 401k program? That loaf of bread looks amazing!

On a more serious note. My employer doesn’t match one for one, is it best to stick with their 401k program?

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