Pension and retirement

[RBatson]

Originally posted by Dark_5.0
I just recently started to see the "big picture".
If you havent noticed I sold my 01' cobra that I had.
I was paying 476 per month and 170 a month insurance.

My 90 coupe is currently my only vehicle other than my work truck

I am 27 years old and mak decent money. My girlfriend gets out of college next year with a psychology degree so I will wait till then to have a bad @ss new car.

My company doesnt offer 401K yet. Is there something I could set-up with my bank?

It sucks to here about your pension. BTW: I feel betrayed by Bush, he ran on a republican platform and all of the sudden turned liberal on us.

Yep, IRAs. I invested most of my money in real estate(a rental house) and after 4 yrs of owning it and puttin some money in it, it is going to give a pretty decent return. I was in the 401k for a couple yrs and summer before last I had to quit investing every month in it because I bought the Avalanche and suddenly the renter I had couldn't pay the rent anymore. I have since refinanced everything and doing alot better so I need to go ahead and get back in it. Real estate is usually a great investment, they aren't making it anymore. Heeh. I understand about the car too.. it sucks. I've throw more money away in cars than anything else, mainly the 89lx money pit I love so much.. I really screwed myself buying the new Mach too. After the sell of my rental house(very soon I hope) I would have only owed around $20k on my house and could have paid it off in less than 18 monthes but noo I have to buy a new mustang.. bring the payoff to around $45k on the house. Stupid me.

I hope your girlfriend has better luck finding a job than my wife, she has a Bachelor's and Associate's in marine biology. Maybe the psych degree would be more helpful. The main problem is that she is considered "over-qualified" for alot of jobs and the jobs in her field have alot of competition. She has resumes in at both the local college and university and we are hoping something will turn up but until then, its just my income. She is supposed to pay the payment of the Mach, good thing I didn't count on that LOL.


As far as Bush, I don't know.. Minding the family business??