How much do you pay for a cup of Coffee?


Coffee,how much are you willing to pay? Lot of new fandango coffee places to check out these days.   Worth the money you pay for it?  

  Here is an article I found on “TheStreet” very interesting, if your serious about saving some cash and using it where it will benefit you, this might give you an “aha” moment.   Splurging on a cup of coffee every now and then is good.  Spending $3.00 or more on a cup of coffee a day–seems a little–well–foolish,unless you swimming in cash and don’t have to worry about money.

Compounding: One cup of coffee at a time

 ** Invested in a low-cost, diversified Roth IRA. The final account balance does not reflect any taxes or penalties that may be due upon distribution. Withdrawals from a Roth IRA are tax-free if you are over age 59½ and have held the account for at least five years; withdrawals taken prior to age 59½ or five years may be subject to ordinary income tax or a 10% federal penalty tax, or both.
 This hypothetical illustration does not represent the return on any particular investment and the rate is not guaranteed.
 By pocketing the $3.50 for coffee each day and investing it instead in a low-cost, diversified Roth IRA, you’d have an estimated $106,000 after 30 years.

What about that?  What are your thoughts?  Personally, I don’t think 30 years in advance, but luckily I can divide by two.  $53,000.00 after 15 years still sounds good to me.

A little more information on investing.

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