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Old 11-24-2014, 05:28 PM   #31
t_rempel
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Join Date: Aug 2006
Location: British Columbia
Age: 34
Posts: 102
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Quote:
Originally Posted by joeapple8 View Post
I just started working on my 401k this year, I've managed to put away 3k and it's earning 8.25% barely beating inflation but i'm still learning, I want to make a big purchase in some utilities once I sell one of my cars, use the dividends on that to buy some apple or google stocks.

I'd really like to learn more on strategies and what not.
Inflation is only at ~1.7% right now, so you're seeing a real rate of return of 6.55%
Unless you're invested in risky holdings, that's not a bad short-term return.

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