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The only type of savings plan I have set up is a savings account and I am in Step 1
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Half way through college and I am about ready to move to Step 2
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Toward the end of College...Start of Step Two
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Just got a job as a Doctor...with job I will have a steady income and I am in the start of Phase Two....Also job as offered me a 401k plan and has agreed to match whatever I put in the account
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Nice stable inome as a Doctor..Well into Phase Two. I will alrady have start my portfilo loaded with bonds and mutual funds...I keeping adding at least 10% to my 401k
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Getting older....I'm now in Step Three I have set a regular and planned investing
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I have kids now and must try to make as much money as possible. I am well into Step 4...I am began to strategic invest managing my portflio while keeping an eye on balancing out losses and gains in different commodities.
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I am know in retirement. I have started Step Five. I will begin Speculative Investing. I am stable enough to take big risks. I will soon have access to my 401k and am rolling in money
