Home › Forums › Financial Markets/Economics › I’m out again
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September 16, 2009 at 1:50 PM #458252September 16, 2009 at 1:57 PM #457463
DataAgent
Participant[quote=sdrealtor]Still out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….[/quote]
Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.
September 16, 2009 at 1:57 PM #457657Participant[quote=sdrealtor]Still out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….[/quote]
Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.
September 16, 2009 at 1:57 PM #457997Participant[quote=sdrealtor]Still out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….[/quote]
Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.
September 16, 2009 at 1:57 PM #458069Participant[quote=sdrealtor]Still out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….[/quote]
Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.
September 16, 2009 at 1:57 PM #458257Participant[quote=sdrealtor]Still out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….[/quote]
Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.
September 16, 2009 at 3:38 PM #457541carlsbadworker
Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
September 16, 2009 at 3:38 PM #457734Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
September 16, 2009 at 3:38 PM #458071Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
September 16, 2009 at 3:38 PM #458142Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
September 16, 2009 at 3:38 PM #458333Participant[quote=waiting for bottom]Let me be clear on one thing:
No matter what assumptions you use, if you think taxes will be higher when you pull out the money than they are when you put the money in, the Roth will win every single time.[/quote]
Agree with the statement, but the biggest risk to Roth is that some day a politician can simplify the tax by removing the income tax and make consumption tax the default tax system. Actually, that was Ron Paul’s tax plan:
http://www.ronpaul.com/2009-04-15/end-the-income-tax-abolish-the-irs/I’m definitely not going to put all my money in that basket, hoping the income tax would rise at that time. There’re just millions other ways the government could tax you.
September 16, 2009 at 3:53 PM #457571Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
September 16, 2009 at 3:53 PM #457766Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
September 16, 2009 at 3:53 PM #458101Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
September 16, 2009 at 3:53 PM #458171Participant[quote=DataAgent]Me too. I’m about 50% cash right now. Just hedging my bets. I think the big gains have already been made for 2009.[/quote]
The stock market breadth indicator actually predicts a bull market ahead. I actually think the market will be strong for at least three months when companies stock for Christmas buying season. After relentless cut of inventory across board in recent months, that additional inventory alone would push the GDP higher. And market will normally react to short-term news rather than long term picture of the US economy. Otherwise, who would still be buying long term treasury at 4% right now?
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