Recent content by RLCMA

Thanks for all your feedback. Bear in mind, I would not be looking for these investments to make me wealthy. Rather, I would rely on Real Estate Investments to make me most of my money. I just like investing in my 401k, IRA, and Mutual Funds so I don't put all my eggs in one basket. At the...

Oh I don't know. I was just wondering if 10 million is doable in 30 years or not. Maybe I'll have to wait until I'm 70 or 80. With people living longer maybe I'll be in good enough shape at 70 or 80 to enjoy my money. I don't see how my post is bizarre.

How about 1 million?

Well I'm 29 years old now. I currently invest about $4,320/year in mutual funds, max out my IRA every year, and put $3,600/year in my 401k. Once my salary continues going up I'll be able to do more but I'm still a young professional so I don't make 6 figures yet.

I just started investing a few months ago and have been able to max out my 2007 Roth IRA, put 10% of my net income in mutual funds, and put 6% in my 401k since my company will match 50% up to 6% I put in. I'm saving up some money to invest in Real Estate down the road as well. My goal is to be...