ozzyman
01-03-2011, 09:02 PM
Just joined from the TSP board.
I'm trying to soak in all the info here about ETFs and whether they are for me or not.
currently I just paid off 90% of my debt and am working to build my families emergency fund which has been non existent due to large debt payments(which are gone and have freed up tons of monthly income! Yay for me!)
I want to take as much advantage of the market to try and build this emergency fund which will be receiving a $2k jump start using a portion of my tax return. I will also be contributing at least $200 monthly into it and am "hoping" to hit my $10k goal within 1.5 years. After which the money will be placed into a nice security type area for those rainy days.
I was originally looking into mutual funds for this but have grown a new interest in ETFs.
We shall see if perhaps these are for me.
I'm trying to soak in all the info here about ETFs and whether they are for me or not.
currently I just paid off 90% of my debt and am working to build my families emergency fund which has been non existent due to large debt payments(which are gone and have freed up tons of monthly income! Yay for me!)
I want to take as much advantage of the market to try and build this emergency fund which will be receiving a $2k jump start using a portion of my tax return. I will also be contributing at least $200 monthly into it and am "hoping" to hit my $10k goal within 1.5 years. After which the money will be placed into a nice security type area for those rainy days.
I was originally looking into mutual funds for this but have grown a new interest in ETFs.
We shall see if perhaps these are for me.