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EP113 – What are your returns so far this year?; Where to save for a new car; How to make money online

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We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com

QUESTION 1
I am new to the group. I am inspired by your posts. I am on BS 4. My Employer matches up to 6%. Right now I have 10% towards traditional 401k and 5% to Roth IRA. I am wondering if my percentage allocation is right. I understand the advantage of the Roth at withdrawal but I also need the tax advantage of the traditional 401k right now.

QUESTION 2
Where do *you* personally save for a car? We are content with our vehicles but still “pay ourselves” a monthly car payment. The money currently lands in a money market account with our credit union. Should we invest our “car payments” or just keep them in the money market account. We generally keep our cars for about 5 years, which means our saving cycle is on the edge of the “5 year tipping point” decision between saving and investing.

QUESTION 3
How to make money online?

QUESTION 4
What’s you guys ytd returns looking like? Just want to know if I am even close to matching up.

QUESTION 5
When buying a home should I factor property tax and homeowners insurance into the 25% of income equation? Or should they be counted separately.

QUESTION 6
My husband wants to sell our house and use the profit to start a business while we rent an apartment. What are your thoughts?

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