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I had a few years of total upheaval and got totally wiped out.

I've been busting my butt and finally got a good job, but I'm starting over with literally close to $0.

I don't make a lot in salary -- just $40k. But I get quarterly commissions and they can range from anywhere from $5k to $50k. Almost everyone here is making pretty well into six figures ($150k-$250k; it probably takes 2 years to get to that level).

I've been here 6 months and just got the 401k paperwork from the head office. It's with Fidelity. Never had a 401k before.

What do I do?

Is it worth it to start a 401k at 39 years old?
Should I do self directed?

I've heard you can use your 401k to invest in physical real estate -- good idea?

I feel like it's free money, but I also feel like I'm too old to compound the principle enough and should use the $ to do something with more upside/risk to make up for lost time.

Any advice or insight is very much appreciated, thank you.



Submitted June 05, 2018 at 07:50AM by Doing_OK_Now https://ift.tt/2JimkAq

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