Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Investing megathread extravaganza
Register FAQDonate Members List Calendar Mark Forums Read

Reply
Page 764 of 941 « First 264664714754760761762763 764 765766767768774814864 Last »
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-103101
Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,583
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 01:08 PM   #11446
Chazno Chazno is online now
Starter
 

Join Date: Nov 2004
Location: asdf
Casino cash: $3037963
Quote:
Originally Posted by myselff77 View Post
For those parents out there... Do you have a 529 account to save for college?
I'm in an interesting situation being in my early 40's before having kids (only 1). I currently have a Roth, but I'm not close to maxing it out. By the time my son is ready for college, I'll be 60 and in theory can tap into the Roth funds.
You can withdraw your contributions to your Roth at any time without a tax penalty. Its investment income you cannot withdraw without taking a hit.

Part of my divorce decree states that I am on the hook for providing each of my 2 kids 5k/year towards college( 4 years). I sat down and and did the math that this meant I needed to start putting away $250 a month immediately for this to not impact me. Fresh out of the divorce I wasn't putting anything away towards retirement. I put that 3k/year in my Roth knowing I could accumulate some retirement $ assuming investments paid off. I'm in a better place financially now and will likely max my Roth this year. I'll start looking for another place to put that money. Ideally I may be able to put away the entire amount I need for their college without having to touch the Roth, but its still there if I need it.
Posts: 516
Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.Chazno is not part of the Right 53.
     Reply With Quote
Old 09-20-2021, 01:16 PM   #11447
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 

Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-103101
Quote:
Originally Posted by Chazno View Post
I would say that is assuming you can fully fund the Roth. If you can only put away 6k a year, put it in the Roth. No reason to put 3k into 529 and 3k into Roth. If your kids decides not to go to college or gets scholarships you will end up losing money or finding alternate uses for it (grandkids, neices/nephews).
Minor point of clarification that 529s are actually fairly flexible on what "college" means in this case. Trade schools, votechs, community colleges, or even lifelong learning courses are eligible, as well as the supplies needed to support that education (e.g., books). So if you think your kid will do ANY sort of post-secondary education, it will likely work.

But that said, it would obviously not be efficient to put $100k into a 529 if your kid ends up doing an associate degree at a CC for $15k instead.

Finally, to the topic of Roth vs. 529, I'd generally agree that the Roth is probably the main priority in the case of someone who can withdraw at the time the college funds would be needed. However, look into your own state's 529s. Some of them offer extra benefits. Colorado, for example, lets you deduct state taxes from contributions, which can make it slightly more attractive in certain situations.
Posts: 52,583
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 09-20-2021, 01:23 PM   #11448
ChiTown ChiTown is offline
Stroking to the SB Champs!
 
ChiTown's Avatar
 

Join Date: Aug 2000
Location: Flatlands of Kansas
Casino cash: $1178962
Quote:
Originally Posted by lewdog View Post
Oh no, down a few percentage points from all time highs!!!

Oh Noez!!!!
I'm planning to retire at the end of 2023 - I'll be 56 years old. I'd like the market to keep humming the next 2+ years in order to have 'no ragrets'. So yeah, BOOO HOO for me.
__________________
Posts: 40,290
ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 09-20-2021, 01:37 PM   #11449
BigBeauford BigBeauford is offline
MVP
 
BigBeauford's Avatar
 

Join Date: Oct 2012
Location: Lenexa, KS
Casino cash: $1886717
Sounds like some of the market's woes (stock and crypto) are tied to the impending collapse of these Chinese real estate companies.
Posts: 14,404
BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.BigBeauford is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 01:44 PM   #11450
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-178100
Quote:
Originally Posted by ChiTown View Post
I'm planning to retire at the end of 2023 - I'll be 56 years old. I'd like the market to keep humming the next 2+ years in order to have 'no ragrets'. So yeah, BOOO HOO for me.
I’d definitely be pretty conservative if I was that close to retirement.
Posts: 46,168
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 01:49 PM   #11451
ChiTown ChiTown is offline
Stroking to the SB Champs!
 
ChiTown's Avatar
 

Join Date: Aug 2000
Location: Flatlands of Kansas
Casino cash: $1178962
Quote:
Originally Posted by lewdog View Post
I’d definitely be pretty conservative if I was that close to retirement.
Not in my nature, generally speaking, but I'll most likely be pulling some things back for sure.
__________________
Posts: 40,290
ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.ChiTown is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 02:32 PM   #11452
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $184734
Quote:
Originally Posted by ChiTown View Post
Not in my nature, generally speaking, but I'll most likely be pulling some things back for sure.
Sooooo..... YOLO the whole thing on AMC Calls? It's at 171 - BUYING OPPORTUNITY
Posts: 58,383
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 02:36 PM   #11453
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $-279523
ILUS up another 33.8% Now up 668% on my initial investment.

In hindsight I wish I'd sold everything I owned and borrowed another 10 million dollars to invest it all in this one play. Oh well. maybe next time.
Posts: 40,663
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 03:28 PM   #11454
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $184734
Quote:
Originally Posted by Hog's Gone Fishin View Post
ILUS up another 33.8% Now up 668% on my initial investment.

In hindsight I wish I'd sold everything I owned and borrowed another 10 million dollars to invest it all in this one play. Oh well. maybe next time.
Jesus.

Exit Strategy?
Posts: 58,383
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 03:39 PM   #11455
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $-279523
Quote:
Originally Posted by Buehler445 View Post
Jesus.

Exit Strategy?
WHY THE HELL WOULD I WANT TO EXIT!
Posts: 40,663
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 03:43 PM   #11456
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $184734
Quote:
Originally Posted by Hog's Gone Fishin View Post
WHY THE HELL WOULD I WANT TO EXIT!
I just like to realize profits
Posts: 58,383
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 03:45 PM   #11457
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
Hog's Gone Fishin's Avatar
 

Join Date: Nov 2001
Casino cash: $-279523
Quote:
Originally Posted by Buehler445 View Post
Jesus.

Exit Strategy?
LOL, you know whats funny as hell??? I'm up quite a bit so today it went to .39 so I said I'm gonna be smart and put a stop loss on just enough shares to cover my basis at .35 in case it tanks. Within the HOUR it dropped straight down to .35 took me out and went straight back to .38 . I just shook my head as this has happened 100 times before. I bought back the shares I lost plus 2000 more at .38. Basically threw $300 in the trash.


Lew would be proud of me for having a plan though!
Posts: 40,663
Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.Hog's Gone Fishin is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 03:59 PM   #11458
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $184734
Quote:
Originally Posted by Hog's Gone Fishin View Post
LOL, you know whats funny as hell??? I'm up quite a bit so today it went to .39 so I said I'm gonna be smart and put a stop loss on just enough shares to cover my basis at .35 in case it tanks. Within the HOUR it dropped straight down to .35 took me out and went straight back to .38 . I just shook my head as this has happened 100 times before. I bought back the shares I lost plus 2000 more at .38. Basically threw $300 in the trash.


Lew would be proud of me for having a plan though!
LOL

Oh you.

I'd have just been pleased with the cash.
Posts: 58,383
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 09-20-2021, 07:59 PM   #11459
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-178100
Quote:
Originally Posted by ChiTown View Post
Not in my nature, generally speaking, but I'll most likely be pulling some things back for sure.
Just be careful. My parents lost 50%+ of their retirement, within 3-4 years of retirement in 2008 because people thought being exposed to a high percentage of equities was "always safe."

I wouldn't recommend more than 50% exposure to stocks within a few years of retirement.
Posts: 46,168
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 09-21-2021, 08:19 AM   #11460
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2580478
if I can get LCID and AMC to meet at 30 I'm switching some positions.
__________________
Chiefs game films
Posts: 289,630
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
     Reply With Quote
Reply
Page 764 of 941 « First 264664714754760761762763 764 765766767768774814864 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 08:56 AM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.