If you come down from your preachy perch a little bit it will do you good to be informed that some folks can come out way ahead than an 8% rate on short term gains (but with boatload of risk). My accountant’s fault is that he does not give those special “tricks” rich people get even when I was going to pay for the “service”. That is contrary to the point your were making earlier.[/quote]
Really? someone can make more than 8% on post tax? Really? No kidding????
8% is a conservative estimate average over 8 years… Most people (not all) but most people don’t do better than that over 8% yoy. You might be an exception..
My point was the following… If you had $XXX in your 401k and $XXX in your post-tax account….And are have to “pay a lot of ordinary” income on investment gains, why didn’t you do this in a tax-exempt or tax deferred account, and put your safer investments that don’t churn as much into your post-tax account?
There is no trick to this.. It’s just common sense.
Most likely whatever you trade is available in either post tax or pre tax/tax exempt account….
And I’m only exclusively talking about equities you buy. If you’re talking about some other type of investment, including employee stock/stockoptions/etc well that’s a different game.
Anyway. peace… Have a nice weekend.[/quote]
Peace. I’m mostly drunk past 6pm. And did I say this is the beer week?
All my friends calls me freak. So is my returns.
nothing I say past 6pm can be held against me.
Maybe I’m on a lucky streak, Maybe I’ll bomb in a a few tax years. I never know at the beginnign if my investments payoff that big. Had I known, I would have done the same on my IRA. But I end up with a big gain on my regular and not much on my IRA. Maybe I should open a fund with stocks/options I start with in my IRA and ask people ot short it.
Either way, it helps to be little less preachy and a little more, I don’t’ know what.
I hope yo find peace just like I do at 8pm friday.
