finances help: what i sthe best way to save for the future? - Help.com



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what i sthe best way to save for the future?

rrsp, gic, mutual funds..etc
i m so confused!!!!!!!!!

This open post was written 2 years, 9 months ago | V/U/S: 201, 4, 5 | Edit Post | Leave a reply | Report Post


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MiZz_ChEeKi offline Verified User (2 years, 10 months) Long Term User Shouts: 1 #
Warrane, 06, AU | 2 years, 9 months ago (1 hour, 14 minutes after post)

Invest in real estate

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2BHelpful offline Verified User (2 years, 11 months) Long Term User Shouts: 7 #
Southwick, MA, US | 2 years, 9 months ago (2 hours, 24 minutes after post)

Start a 401K account.

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ab427 offline Unverified User #
An Unknown Location | 2 years, 9 months ago (1 day, 8 hours after post)

My financial advisor told me the best way to save for the future/retierment is to first pay off debt, then save 3 months living expenses, then open an IRA or Roth IRA if you are under 40

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nugol2 offline Verified User (2 years, 9 months) Long Term User Shouts: 0 #
An Unknown Location | 2 years, 9 months ago (3 days, 14 hours after post)

I would suggest a ROTH IRA (en.wikipedia.org/wiki/Roth_IRA) - Stocks are okay if you know what you are doing, but at the same time can be a gamble. As 2bhelpful said, 401k is good.

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