
I am happy to announce that my first investing goal has been reached. My Roth IRA portfolio is worth over $2,500. While I still have until April of next year to max out my Roth IRA contribution at $4,000 for the 2007 tax year, I had set $2,500 as the first goal for myself as a serious investor. So since January 2007 I have contributed between $300 and $400 regularly to my Roth IRA, not counting what I am contributing to my 403(b) through the university and what my wife contributes to her 401(k). If we continue investing at this rate, we will be quite well off financially when retirement rolls around. My next goal is, of course, to max out the Roth IRA, but I said to myself that I would consider myself a serious addition to the world of investing when I had accumulated over $2,500 in investments.
2 comments:
Congrats on some serious savings :)
A.J.
The New Self
Thanks, A.J.!
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