I have no investments, only savings account. I've never had enough money leftover to invest. Perhaps now that I'll be a homeowner (escrow closing date Halloween 2008) I'll have some "extra" money left over due to tax deductions.

Should I have any extra, I'll be very careful where I put my money.

I'm coming late to the party - very late - and seems that I am benefiting from other people's mistakes: ie. the home I'm buying was built in 2005 and sold for $390k originally - I picked it up for $195k.

I was actually thinking about this yesterday: Investments vs Savings. My bro has (had?) a HUMONGOUS 401K - analysts "say" he lost 1/3 of it yesterday.

Should I have any money leftover, I'll probably just stick it in a savings accounts as I do now.




Contrarian, extraordinaire