≡ Menu

Tightwad Assignment – Get free money from your employer

Tightwad Assignment – Get free money from your employer thumbnail

(March 5, 2009) – Even in these tight times, with the stock market dropping, continue to take advantage of your 401-k plan.  Some folks will see this as a buying opportunity and will buy stocks.  Other folks want to preserve capital and will turn to bonds.

I can’t advise you on which approach, or if a balanced account of both, is best.

But many employers match a certain percentage of your salary.  This is free money to you – don’t pass it up.  Invest in the 401-k up to the employer’s match and take advantage of the extra dough.

{ 0 comments… add one }

Leave a Comment