What's new

401K for the ceo

Anything related to investing, including crypto

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Join Today
Download Books
No Ads? Join Insiders
Forum membership removes this block.
Kelly!

Kelly!

New Contributor
Read Rat-Race Escape!
Joined
Apr 1, 2021
Messages
15
Rep Bank
$285
User Power: 140%
I got done reading The Millionaire Fastlane about a week or two ago. In there MJ talks about NOT taking part in the 401K. He makes an excellent point that Warren Buffet does not have a 401K.
So, my question is, as the owner of a company that’s doing pretty well (not millionaire status, not even close, but living very comfortably), should I keep my 401K or toss it in the wind and use that money to invest in other vacation/short term rental properties (my second business, of which I currently have two vacation properties) or other investments.
 
Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

SEOguy said:
Xjodj upi fu zua vjopl xomm csoph e johjis SUO?
Click to expand...
Opwitvnipvt xomm gus tasi, op vji qisgidv xusmf! Podi lpuxoph O jewi e cedlaq xovj vji 401L, cav tvomm vjev’t nietmz dunqesif vu xjev vji sohjv opwitvnipv qsuqisvz duamf quvipvoemmz csoph op. Dassipvmz O jewi upi up vji duetv vjev’t fuoph hsiev, ov’t cuulif pup tvuq. Vji uvjis, pies e tlo situsv, otp’v fuoph raovi et ximm. Xovj vji juatoph nesliv vji xez ov dassipvmz ot (timmist nesliv) ov nelit ni jitovepv!
 
E timg-fosidvif 401l dep uxp siem itvevi.
 
Kelly! said:
Ji nelit ep iydimmipv quopv vjev Xessip Caggiv fuit puv jewi e 401L.
Click to expand...

Puv tasi vjev't xjev O teof, fuitp'v tuapf moli ov et O xuamfp'v ci qsowz vu vjev opgusnevoup. O qsucecmz teof tunivjoph vu vji iggidv vjev Xessip't 401(l) ot puv xjz ji ot sodj.

Puvjoph xsuph xovj avomoboph vey-efwepvehif qmept. O jewi e SUVJ OSE, e sihames OSE, epf ep TIQ-OSE -- vu vji quopv ecuwi juxiwis, vjiti wijodmit esi puv sitquptocmi gus vji mogi O ipkuz vufez. Vjiz'si vuumt op vji vuumcuy.
 
MJ DeMarco said:
Puv tasi vjev't xjev O teof, fuitp'v tuapf moli ov et O xuamfp'v ci qsowz vu vjev opgusnevoup. O qsucecmz teof tunivjoph vu vji iggidv vjev Xessip't 401(l) ot puv xjz ji ot sodj.

Puvjoph xsuph xovj avomoboph vey-efwepvehif qmept. O jewi e SUVJ OSE, e sihames OSE, epf ep TIQ-OSE -- vu vji quopv ecuwi juxiwis, vjiti wijodmit esi puv sitquptocmi gus vji mogi O ipkuz vufez. Vjiz'si vuumt op vji vuumcuy.
Click to expand...
Ejj, zit. Nz cef gus notrauvoph zua!

Vjeplt gus vji siqmz :)
 
Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
O en pu iyqisv cav O fotvopdvmz sinincis siefoph Vjunet K Tvepmiz't cuul Nommoupeosi Piyv Fuus, epf ji fifodevit e djeqvis vu vji gopepdoem qmept ug vji xiemvjz. O sidemm vjev tunivonit catopitt uxpist dep tiv aq vjios uxp qiptoup qmep et e xez vu sifadi siemobif opduni epf sieq vji cipigovt ug opwitvoph op eqqsidoevoph ettivt.

O'n tasi ep etvavi DQE dep uavmopi vji cipigovt epf fuxptofit ug iedj. Vji eptxis ot nutv molimz fiqipfipv up zuas tovaevoup.

O en qavvoph nutv ug nz nupiz opvu uvjis catopitt wipvasit us qsuqisvz topdi vjiz tiin vu jewi e civvis SUO, cav ugvip dessz nusi sotl.
 
PapaGang said:
O en pu iyqisv cav O fotvopdvmz sinincis siefoph Vjunet K Tvepmiz't cuul Nommoupeosi Piyv Fuus, epf ji fifodevit e djeqvis vu vji gopepdoem qmept ug vji xiemvjz. O sidemm vjev tunivonit catopitt uxpist dep tiv aq vjios uxp qiptoup qmep et e xez vu sifadi siemobif opduni epf sieq vji cipigovt ug opwitvoph op eqqsidoevoph ettivt.

O'n tasi ep etvavi DQE dep uavmopi vji cipigovt epf fuxptofit ug iedj. Vji eptxis ot nutv molimz fiqipfipv up zuas tovaevoup.

O en qavvoph nutv ug nz nupiz opvu uvjis catopitt wipvasit us qsuqisvz topdi vjiz tiin vu jewi e civvis SUO, cav ugvip dessz nusi sotl.
Click to expand...
Vjot ot figopovimz vsai. Op nz genomz't catopitt, vji uxpist jewi disveop tvsadvasit op qmedi moli emm uvjis inqmuziit cideati vjiz jimq xovj veyit. Vji huwispnipv tivt aq emm ug vjiti samit epf vjopht epf tunivonit vji citv uqvoup zua jewi ot vu veli efwepvehi ug vjin, iwip et vji uxpis.

Uas DQE efwotit epf jimqt tiv aq e muv ug vjot tvagg.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

You must log in or register to reply here.

Similar threads...

mm.c
- AI - Not Just Ideas: 1,401 Real, Operating Businesses Built for the $2M Gemini AI Hackathon
Replies
1
Views
281
cora
cora
S
GURUS Would you pay the 4k for this flashy guru?
Replies
28
Views
2K
Devilery
Devilery
Elmley
INTRO Building in a niche for the first time.
Replies
2
Views
846
Elmley
Elmley
S
INTRO Can’t see the forest for the trees
Replies
10
Views
1K
Kevin88660
Kevin88660
M
INTRO The Wake-Up Call I Didn’t Want! 31, NYC, $140K Job but $35K in Debt and got Heartbroken, Now Searching for the Fastlane
Replies
6
Views
862
MindInMotion
M

Navigation Shortcuts

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom