Re: Anyone want to talk stocks and retirement?
I would be very wary of the PERS system right now. They are going to run out of money and the tough decisions are being kicked down the road. The problem for many like you (me 30) is that how long can you kick that can down the road? As of right now they are doing their best to honor their obligations. IMO that can't continue to happen and tough decisions are going to be made. I think you need to operate as if all the money you were promised won't exactly be there. Now that I am off my soap box......
I have never really heard anything good about penny stocks. Good solid stocks with solid dividends are a good way to invest in the market for me. But in the end its whatever works for you and what you are comfortable with.