MONTHLY Savings

I do 6% to my retirement plan at work. They match it dollar for dollar up to that amount. I also pay principal on my house each month.

 

I don't consider that as savings - but whatever.

Liquidity and retirement.

Slope - If you owe money for something, it's debt right?

I'm talkking about investments. I don't consider a primary residence an investment - but that's a whole other subject.

 

Isn't it debt before you pay the bill, and NOT debt when you pay it? As in 'I paid off my debt?'

 

Oh, it's SWEET to be back in the two-income category again, and to see MSFT swing $4+ in the last month or so...

We'd be up a notch in the poll tier, but I'm somewhat in the Sly category - I'm paying off house debt fast, just cuz it makes me feel safer. $1400 per month in principal... But with payroll deductions at 15% into Employee Stock (which buys at a substantial discount, so it's a guaranteed profit), 10% into 401(k) with 3% match, and IRA contributions, plus a pension plan for the teacher in the family, I feel just fine.

WORD!

 

So to make this a fair comparison, since you're adding $1500 or so to your investment pool by doing interest only on your non-investment primary residence, we should talk net worth growth per month... And I should get to count option value growth .

 

I try to save enough to pay my rent.

 

Man - try to make a simple poll......

 

It's only $600.....

I'm just trying to guage what people put away each month. Not how much people are worth or how their investments perform.

I'm really not trying to compare anything except to see what people save, or not, of their monthly cashflow towards the future. For my vote, I included the checks I write to Vanguard every month. That's all.

DAYUM.

 

do you sell it right away? seems like a lot to hold in one stock...especially in the company that also pays your salary.

as for me, i max my 401k at $15k a year. Company matches with about 4 grand. virtually all of my annual bonus goes into savings. I drop a couple hundred bucks a month into my emergency fund as well. Add $150 a month each into the company's stock purchase plan and a deferred compensation plan.

wow...when i list it out, it is more than i thought.

 

I don't sell it right away (short term gains are rough), but I do cash out periodically. For instance, I have sell orders in for the old stock (long term vs. short term gains) at 27.5 and 28.5 right now. The newer stock I hold until it's long term gains, and with the dividends + tax benefit, it's worth the volatility risk.