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Recent activity in the oil field service industry caused a lot of the stocks to increase as much as 15% on 2-26-98. I have watched a lot of stock activity on the Business News channel recently. I have come to a conclusion. A very comfortable living (wage) could be made with a reasonable investment. Be careful though. You can just as easily loose it all! Theres always movers & for a reason. Such as Bell, since Boeing is selling them the commercial helicopter business. After more research, I'll try to list some stocks that I track and explain why. Disclaimer: I am not an investment counselor and am not trying to encourage anyone to invest in anything. I'm mearly acknowledging the fact that the tool is in place. I personally have no money invested in the stock market myself, at present. | ||||||||||||||||
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I have not been interested at all in keeping up with my personal finances in the past. However, I have been keeping a closer eye out lately. Conversations with co-workers as well, have shown that most companies have done pretty well recently with 401k plans. I would have never believed I'd make 25% in one year. My fund has actually exceeded that figure. I'm satisfied totally with John Hancock. 401k plans are great. My wife and I were able to start our 401k accounts from the first day of our employment at our present jobs. That's money that we've never missed, from day one. That's been just over two years. I can assure you they make great investment tools. We have 100% invested in the highest risk fund and it's done us well... so far. I highly recommend getting into a 401k, or some type of personal savings/investment plan. If nothing else, open an IRA. You are not likely to get as good of a tax break, but IRAs are a good tool. Too many people walk through corporate doors looking for employment and are told they can join the companies 401k after 1 year, or six months, or whatever. I'm telling you that in 9 cases out of 10, that is just as negotiable as wages, or anything else. And it's a lot easier to get used to your wages from the beginning, than to try to have a percentage defered later on. If you have nothing in work, make up your mind right now! As soon as you get off of work today, or at lunch, or sometime today, you'll at the very minimum go open a savings account. Start direct deposit, if you can. If you can't start direct deposit from work, your bank will be glad to do an automatic transfer from checking to savings each week, month, or however you want it. If they wont, Wells Fargo offers on line banking. I have an account there. You obviously have InterNet access. You can conduct all business over the Net, or by mail. You should try to go the investment route though. Try them: www.wellsfargo.com !!! but not for investments!! Their on-line trading is very expensive!! The most expensive on-line trading I have personally ever seen. | ||||||||||||||||
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Never would I have though an ATM card could actually be a true asset. In this day of communications and transactions, the no-fee transactions actually have helped me to spend less money. I use my ATM card for everyhting that I can use it for. It keeps me from having a lot of small change that's so convenient to spend. Several years ago, I called it my | ||||||||||||||||
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