[(former)FormerSanDiegan]

one_muggle –

I must disagree on most of your examples

Re 401K –
Taking 401K contributions it off the top of income helps actually those who don’t itemize. This includes the vast majority of those fortunate enough not to have a mortgage tax deduction.

This would actually hurt those whose itemized deductions do not exceed the standard deduction.

Re Medical spending account claims –
They pay medical when you submit a claim and do not wait for all the deductions. If you use your entire election by February for example, they reimburse you the whole enchilada BEFORE they deduct from your paycheck. Only the dependent care claims are subject to waiting until they have actually been deducted from your check.

Re: Dependent Care account claims –
Yes, the dependent car portion reimbursements are held up until after deducted from your check. However, these are typically regular predicatble amounts that you have to spend for day care. These are for the most part predictable up-front. The maximum amount is $5000. If your monthly care expenses exceed $416.67 per month (most would) then it’s pretty easy to get ahead on the claims, so you only lose about 1 months worth of interest for each months worth of deduction (due to claims processing time). This adds up to about $1.74 per month at 5%.
I’ll give up that $20.88 in interest income ( $12.53 after tax), in order to save about $2000 on my taxes.

[(former)FormerSanDiegan]

I saw a huge line at Ortho Mattress. Guess that’s where they are planning to put their money.

I haven’t been inside a bank or credit union for over 2 years. Why do people go there ?

[(former)FormerSanDiegan]

I saw a huge line at Ortho Mattress. Guess that’s where they are planning to put their money.

I haven’t been inside a bank or credit union for over 2 years. Why do people go there ?

[(former)FormerSanDiegan]

I saw a huge line at Ortho Mattress. Guess that’s where they are planning to put their money.

I haven’t been inside a bank or credit union for over 2 years. Why do people go there ?

[(former)FormerSanDiegan]

Thanks for clarifying cashman. You had me worried for a minute.

[(former)FormerSanDiegan]

Thanks for clarifying cashman. You had me worried for a minute.

[(former)FormerSanDiegan]

Thanks for clarifying cashman. You had me worried for a minute.

[(former)FormerSanDiegan]

One thing that hits you in the face is the emptiness of Home Depot stores (And parking lots too).
Gotta confirm that one. Look at their recent slide in sales. Maybe now you can get some decent service there (doubtful).

[(former)FormerSanDiegan]

One thing that hits you in the face is the emptiness of Home Depot stores (And parking lots too).
Gotta confirm that one. Look at their recent slide in sales. Maybe now you can get some decent service there (doubtful).

[(former)FormerSanDiegan]

One thing that hits you in the face is the emptiness of Home Depot stores (And parking lots too).
Gotta confirm that one. Look at their recent slide in sales. Maybe now you can get some decent service there (doubtful).

[(former)FormerSanDiegan]

The FED will also cut the Federal Funds rate if the effects are apparent in the overall economy. I would consider this very likely to occur. I don;t think it is intended to re-inflate the housing bubble, nor will it cause housing to recover immediately. But it will eventually aid a recovery from the recession into which we are likely headed. Remember, FED funds rate changes take several months to work their way through the economy.

[(former)FormerSanDiegan]

The FED will also cut the Federal Funds rate if the effects are apparent in the overall economy. I would consider this very likely to occur. I don;t think it is intended to re-inflate the housing bubble, nor will it cause housing to recover immediately. But it will eventually aid a recovery from the recession into which we are likely headed. Remember, FED funds rate changes take several months to work their way through the economy.

[(former)FormerSanDiegan]

The FED will also cut the Federal Funds rate if the effects are apparent in the overall economy. I would consider this very likely to occur. I don;t think it is intended to re-inflate the housing bubble, nor will it cause housing to recover immediately. But it will eventually aid a recovery from the recession into which we are likely headed. Remember, FED funds rate changes take several months to work their way through the economy.

[(former)FormerSanDiegan]

“it’s often said on this board that real estate is traditionally a horrible investment over the long-term.”

I second sdduuuude on this one. I do not believe that RE is a horrible investment over the long-term **

**when purchased under the right conditions.

[(former)FormerSanDiegan]

“it’s often said on this board that real estate is traditionally a horrible investment over the long-term.”

I second sdduuuude on this one. I do not believe that RE is a horrible investment over the long-term **

**when purchased under the right conditions.

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