retirement
- Thread starter ruffryder
- Start date
Why, so you and your fellow Demmeys can figure out how to steal it or tax it to death. I ain't telling.
I love it when you talk retarded.
Now thats not politically correct. Oh well spelling error.
You have me confused with someone that cars about spelling. Might be one or two in their just for you!
well Ruffry...my retirement is in one good arm or leg..because if things are tough and i need to eat i will just throw or kick a stone through a window and spend a week or a few months in jail eating steaks and watching big screen tv...and just repeat as desired..and nobody would be interested in my wrinkly arse at retirement age..
Hippies suck
so does this thread....
Anyways, I just canceled my personal contributions to my 401k today. I figure the money is better spent as a down payment on a house. I think putting too much money in their is bad, especially since most of it is all tied to stocks and markets. You can only diversify soo much in a 401k.
The tax benefit is good, but the long term loss of the ability to use the funds isn't.
that certainly wasn't a very nice thing to say
Man, I guess!
Besides, I think it is actually "Hippies smell", not "Hippies suck"
my company has matched 6% for the last 18 years, so I put 6% in until I got a cost of living raise, then added that 3% a few times. I got into a bind and dropped it back to 10% 3 years ago again.
S
snowmobiler
Well-known member
whats it like to be rich?
Since the mid 90's the stock market has been little more than gambling. I'm trying for 40% housing, 20% gold and silver, 20% ammo, generators, food rations, chainsaws..., and 20% stocks\mutual funds. I look at it this way, if the economy is good, I'll have plenty of work and while I won't make as much money not being more heavy in the stock market, my house will get paid for faster, the metals will always be valuable and I can use the survival stuff for camping\hinting\recreation...
If things get worse or much worse, which they will, I'll be ready for that too.
If things get worse or much worse, which they will, I'll be ready for that too.
If I can manage to keep the F**KING taxes paid I can reamin self employed until I die !No retirement Needed !
IMO at this point investing in anything except tangible goods ( gold, silver,LEAD) Is suicide !Ditch the 401 and buy something our leaders cant Screw up!
IMO at this point investing in anything except tangible goods ( gold, silver,LEAD) Is suicide !Ditch the 401 and buy something our leaders cant Screw up!
Last edited:
K
knzee
Well-known member
Yes, they have taken care of everybodies retirement. Until the year 2037.
so does this thread....
Anyways, I just canceled my personal contributions to my 401k today. I figure the money is better spent as a down payment on a house. I think putting too much money in their is bad, especially since most of it is all tied to stocks and markets. You can only diversify soo much in a 401k.
The tax benefit is good, but the long term loss of the ability to use the funds isn't.
You know you can take a loan out of your 401k for anything, including a down payment on a house. If you are just losing money all the time consider changing what your 401k is invested in, although if you are already rode out the storm, selling now is a bad idea. Technically you haven't lost any money until you cash in your 401k. You still own the shares, they are just worth less. If you cash in your shares at a later time and their value went back up you can still make a lot of money (or not).
