A 401K Issue

I have been ask the question several times recently, "Should I decrease the amount that I put into my 401k every month. Heck NO!!! Unless you need the money to live on, this is not a good move. Why? Number #1 this is money you are saving for retirement which means long term!#2 you are buying at a lower price now than you were a 1 month ago, 1 year ago, and probably 5 years ago. This means you are accumulating more shares at a lower price. #3 this money is tax deferred. and #4 your employer is probably matching your contributions up to a certain percentage which is like FREE money. In fact if you are not contributing the full 15% allowed you should consider bumping it up to the maximum allowed.Stay invested folks and stay the course.

STOCKMANMARC

A Jumpstart For Investing

Dear Investor whether you are a beginner or seasoned pro here are some things to look for when you want to go shopping for some stock.

1) First of all don't think of it as stock, think of it as a share in business.

2) Look at a business or industry you understand, for example if you are a shoe salesperson look
at shoe retailers and shoe manufacturers, not at technology companies.

3) Do not go on tips(to-insure-prompt-service), tips are what you give your waiter.

4) Think independently, do your own homework.

5) Never quit learning, how do you think Warren Buffet became one of the richest men in the
world? He sits in his office reading annual reports all day.

Will cover more on this later.