13 September 2007

Terry Kiwala Moonie Talks

I have enlisted Terry to give me one "Moonie Tip" a day from here on out. Moonie Maker Tip No. 1 Start a 401K plan NOW! If you cannot, go for a ROTH IRA plan. Apparently you can borrow $$ from your 401K when getting ready to buy a place (tax-free). This is a one-time deal, so Terry says to take caution when making big decisions like that. Lesson learned: You have to put money away to eventually make it. It doesn't come in a day. But, apparently there is a way to take $100 and turn it into $1 billion in 10 years... I am waiting for the lesson on that one. I promise not to hold my breath.

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