Today Kamalatoe said the riots aren't stopping, no matter who wins, the riots are stopping. She sounded happy about it.
A couple of days ago Joe pledged to end 401K retirement funds
I'm actually all for the 401k to be dissolved, I'd rather put it in a pension my bank has in place.
Fuck that! I want to keep my 401k. Pension plans almost always go belly up. Self control in savings (401k) will allow you to retire comfortably. I work in the industry and I know. Hell my wife and I did not start saving until our early 30’s. I do a financial analysis twice a year and we are pace to be able to retire before we are in our 60’s. I’m maxing out my 401k contributions and we are getting close to maxing out her’s. I also put back 200 a pay into
company stock. It’s all about your priorities. We worked hard in our 20’s to build our life and minimized new debt and eliminated old debt.
Then put them in a low yield interest account, you'll get more money out of that than you do with putting the money into the 401K.
Fuck, this has been done over, and over, and over again and shows us that we are getting fucked.
My Pension is supported by the bank I am at... Don't like pensions, go elsewhere, but the government isn't doing you any favors by keeping it in something thatis controlled by the government.
I'm actually all for the 401k to be dissolved, I'd rather put it in a pension my bank has in place.
Fuck that! I want to keep my 401k. Pension plans almost always go belly up. Self control in savings (401k) will allow you to retire comfortably. I work in the industry and I know. Hell my wife and I did not start saving until our early 30’s. I do a financial analysis twice a year and we are pace to be able to retire before we are in our 60’s. I’m maxing out my 401k contributions and we are getting close to maxing out her’s. I also put back 200 a pay into
company stock. It’s all about your priorities. We worked hard in our 20’s to build our life and minimized new debt and eliminated old debt.
Then put them in a low yield interest account, you'll get more money out of that than you do with putting the money into the 401K.
Fuck, this has been done over, and over, and over again and shows us that we are getting fucked.
My Pension is supported by the bank I am at... Don't like pensions, go elsewhere, but the government isn't doing you any favors by keeping it in something thatis controlled by the government.
Lol
No you won’t. Seriously, are you drinking? My average annual return is over 13%. Over the long term it will be around 12%. And your suggestion is low yield interest account? Seriously? Look man I see clients accounts and rollovers every working day. It’s not uncommon to see them over 1.2 million. Sounds like you just don’t have patience or maybe not enough discipline. Maybe you get scared and when the market crashes you bail out, aka sell low, then only buy back in when it’s already recovered. That will get you low returns quick fast and in a hurry.
SilverEagle wrote: Fri Aug 28, 2020 5:44 am
Fuck that! I want to keep my 401k. Pension plans almost always go belly up. Self control in savings (401k) will allow you to retire comfortably. I work in the industry and I know. Hell my wife and I did not start saving until our early 30’s. I do a financial analysis twice a year and we are pace to be able to retire before we are in our 60’s. I’m maxing out my 401k contributions and we are getting close to maxing out her’s. I also put back 200 a pay into
company stock. It’s all about your priorities. We worked hard in our 20’s to build our life and minimized new debt and eliminated old debt.
Then put them in a low yield interest account, you'll get more money out of that than you do with putting the money into the 401K.
Fuck, this has been done over, and over, and over again and shows us that we are getting fucked.
My Pension is supported by the bank I am at... Don't like pensions, go elsewhere, but the government isn't doing you any favors by keeping it in something thatis controlled by the government.
Lol
No you won’t. Seriously, are you drinking? My average annual return is over 13%. Over the long term it will be around 12%. And your suggestion is low yield interest account? Seriously? Look man I see clients accounts and rollovers every working day. It’s not uncommon to see them over 1.2 million. Sounds like you just don’t have patience or maybe not enough discipline. Maybe you get scared and when the market crashes you bail out, aka sell low, then only buy back in when it’s already recovered. That will get you low returns quick fast and in a hurry.
Lost 500K in savings back in the 90s crash... I have plenty of patients. What I don't have is that money back... if I did I wouldn't be working today. I lost 120K in the 2001 crash and the 2008 crash... I am still recouping from those hits.
When I say I "lost" I mean that money is gone... poof, market ate it and never gave it back. I have not had until lately the money to actually put back into the market again... and you don't enter in high and expect to get great revenue from it.
Then put them in a low yield interest account, you'll get more money out of that than you do with putting the money into the 401K.
Fuck, this has been done over, and over, and over again and shows us that we are getting fucked.
My Pension is supported by the bank I am at... Don't like pensions, go elsewhere, but the government isn't doing you any favors by keeping it in something thatis controlled by the government.
Lol
No you won’t. Seriously, are you drinking? My average annual return is over 13%. Over the long term it will be around 12%. And your suggestion is low yield interest account? Seriously? Look man I see clients accounts and rollovers every working day. It’s not uncommon to see them over 1.2 million. Sounds like you just don’t have patience or maybe not enough discipline. Maybe you get scared and when the market crashes you bail out, aka sell low, then only buy back in when it’s already recovered. That will get you low returns quick fast and in a hurry.
Lost 500K in savings back in the 90s crash... I have plenty of patients. What I don't have is that money back... if I did I wouldn't be working today. I lost 120K in the 2001 crash and the 2008 crash... I am still recouping from those hits.
When I say I "lost" I mean that money is gone... poof, market ate it and never gave it back. I have not had until lately the money to actually put back into the market again... and you don't enter in high and expect to get great revenue from it.
The market is up more than double where it was in the 90s. You lost that money when you moved it.