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06-21-2018, 08:53 AM | #2041 |
Andy Reid Supporter
Join Date: Apr 2012
Casino cash: $309611
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I’m only able to put roughly $2,800 in my Roth IRA for my yearly contribution. Would my dividend returns from my stocks in my Roth technically count as money towards that $5,500?
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Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley |
Posts: 48,521
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06-21-2018, 09:11 AM | #2042 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $66899
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Nope. The only thing that counts toward the cap are contributions made from outside the account.
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Posts: 52,542
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06-21-2018, 09:12 AM | #2043 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4721637
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Posts: 8,290
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06-21-2018, 09:31 AM | #2044 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-151532
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Quote:
I agree with Nightfyre. If I wanna take a YOLO shot on a single company I'm doing it with an option not throwing 100% of my money in the stock. I'm not saying either are great ideas but with an option you've only put the premium at risk instead of your entire account. Plus you get leverage in case it works out. Supreme court overturned the ruling that protected online retailers from collecting tax. Pretty big deal. Is there even any sort of cloud tax service that a retailer making 200k in sales a year could use to continue their business? I'd imagine Amazon and Shopify could provide this for 3rd party merchants? edit: way late on the no. Started typing this and pesky work got in the way! |
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Posts: 6,457
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06-21-2018, 09:32 AM | #2045 |
Andy Reid Supporter
Join Date: Apr 2012
Casino cash: $309611
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Welp I’m ****ed. Not really sustainable to put $450 in that account every month
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Mike Greenberg@Espngreeny I can’t fathom what it must be like to be a fan of the #Chiefs. Adopt a Chief: Jared Wiley |
Posts: 48,521
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06-21-2018, 11:18 AM | #2046 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2750478
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Got it at 4150 this morning !
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Posts: 288,762
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06-21-2018, 11:19 AM | #2047 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2750478
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Posts: 288,762
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06-21-2018, 11:23 AM | #2048 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $66899
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Posts: 52,542
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06-21-2018, 12:44 PM | #2049 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-28100
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2024 Royals game thread record 3-0 |
Posts: 46,147
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06-21-2018, 12:46 PM | #2050 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-28100
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Many people don’t even have a ROTH. Even $1k a year is better than nothing. You’re doing fine if that’s what you can do. There’s been years where I don’t max it. Do you have a 401k as well?
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2024 Royals game thread record 3-0 |
Posts: 46,147
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06-21-2018, 12:47 PM | #2051 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-28100
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2024 Royals game thread record 3-0 |
Posts: 46,147
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06-21-2018, 01:38 PM | #2052 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2750478
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Posts: 288,762
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06-21-2018, 02:01 PM | #2053 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-28100
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Right, because a stock has never tanked and remained low or never bounces back....ever.....
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2024 Royals game thread record 3-0 |
Posts: 46,147
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06-21-2018, 05:47 PM | #2054 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $354734
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Huh. The outfit here is a ****ing ghosttown at closing time.
Either way, you can go to school with 60 hours a week, depending on your degree program. I was working full time when I was in my MBA program full time. I couldn't do the accelerated timeframe, but I could stay fulltime working 40 hours a week. You can get into a program and take a couple night classes, more if you take online classes. If it's what you want to do, ****ing do it. But yeah, it's a bad idea to dump your revenue stream. Not to mention the pension and benefits. |
Posts: 58,212
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06-21-2018, 05:53 PM | #2055 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2750478
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Jesus Christ. Well, I managed to lose $1500 today. Thanks Hog!
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Posts: 288,762
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