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Originally Posted by RunKC
Well I clearly saw that wrong. I think I got the rates from investing caught in with the others.
Here's what I've got.
-401k-6% employer match. Roughly 40k in so far.
Thinking of adding more myself by adding 1-2% from my check on top of the 6%.
-Roth IRA. Got that in January and have checked it twice. No big movement really.
-Investing: I've thought about this a lot but haven't committed yet. Obviously I would choose a dividend stock, but haven't been sold on one yet. I've thought about safe stocks like AT&T and Coca Cola but am not sure that they are good long term stocks.
I've thought about wanting something that people will still buy even in bad times. That led me to think of Unilever.
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Well good to hear you're definitely on the right track with the 401k and the ROTH. If you need the tax saving benefit, increase your 401k contribution. I'd consider maxing out your ROTH for the year before investing in individual stocks but you definitely don't have to.
I like your thinking on the stocks. Unilever has had a massive jump in the past year. It's definitely a nice pick and relates to everyday products. It's been performing well. It's up to you if you think that continues and buy in now, or if you feel it's over-valued and wait.