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#661 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2028491
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Yeah, if you don't think you're going to need it for something like a house. You want to delay taxes as long as possible and also pay those taxes when your income is lower (presumably post-retirement).
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#662 |
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
Casino cash: $10029808
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I'd say yes, once you have a sufficient rainy day fund. Why? 1. the money you put into the 401(k) doesn't count as income in the year that you make it. 2. it grows tax deferred. So any trades, any dividends, any anything, is tax free until you start taking withdrawals. The trick is you can't take it out anytime soon, so it is NOT where you want to put money that you might need later to, whatever, buy a house, an engagement ring, a car, etc. But yeah, other than that, 401(k) is a great place to save.
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"I love signature blocks on the Internet. I get to put whatever the hell I want in quotes, pick a pretend author, and bang, it's like he really said it." George Washington |
Posts: 43,125
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#663 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Quote:
They are a MJ company based in Colorado. Sales have been increasing and they have a lot of new products coming down the pipeline. It has went up a lot recently but should be one of those 100 times return stocks if you hold it for the long term (1-2 years). I have been following the MJ stocks for a long time now-most are pump and dump. So it was nice to find one that actually is selling products not shares. |
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Posts: 43,200
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#664 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Quote:
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Posts: 40,721
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#665 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2028491
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Let's pool our money and take it over.
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#666 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1481110
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I just dumped everything I had into Bluestar Airlines. Put all your money in it!
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#667 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Posts: 40,721
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#668 |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Posts: 43,200
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#669 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Posts: 40,721
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#670 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2028491
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It might be a good buy. You could buy the company and then sell the fuel out of the airplanes' gas tanks for a huge profit.
I actually read about a guy who did that once. Right after WWII, he bought a bunch of surplus planes because he wanted one plane, and he sold the fuel that was in their tanks for more than the cost of the total purchase. He then kept several planes and built his own fleet to lease to moviemakers.
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#671 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Quote:
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#672 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $2028491
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I don't...I...by jove, you're right.
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#673 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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I was gonna stick something like $70 on PNOW the other day but the more I read, the more I said dumb. I'll just do some sports betting.
I'll be watching though Hog Farmer. You almost got me!!!
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#674 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $440477
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Quote:
Oh yeah, almost forgot, Market cap is 54m http://www.kraiglabs.com/ |
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#675 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $631900
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This has to be a good buy, right? MJNA
https://finance.yahoo.com/quote/MJNA?ltr=1
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