Appearances
MORNING JOE
Investing Tips from the Top
Posted by Jean
You’ve probably heard me say it a hundred times: If you have a long time horizon, getting in the stock market now is a good idea. Eventually, things are going to turn around, and this opportunity to buy low shouldn’t be missed. But is that the kind of advice we want to hear from President Obama? That was the hot topic when I stopped by Morning Joe this morning.
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COMMENTS | 2 comments so far
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Joe is right! “Grown-up talk”. We need more grown ups!
I have two rental properties I have owned since 1998. My goal is to have them paid off when I turn 55, so I can use the income to supplement my retirement. I max out my Roth IRA and any extra money I have each month, I throw it against the rental with the higher interest rate.
With the extra money I have each month, should I be putting it into stocks right now? Since the stock market is an indicator of the future, won’t the stock market make money before the housing market will and the profits I can throw against the rental.