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February 6, 2018 at 7:46 PM in reply to: The stock market is tanking, we should be happy right???? #809193moneymakerParticipant
I’m happy that I’m not in but I may get back in if it drops more! My issue is that I’m talking about 401k here and I know bonds are not a good place to be either when rates are rising. I’m starting to think about retirement so I disagree with Vanguard that I should be 65% in. Perhaps later this week I will get 50% in, we’ll see.
moneymakerParticipantI just figure with the recent rocket problems, car production not meeting earlier estimates and the Powerwall not really being economically feasible yet that Tesla might be ready for a correction.
moneymakerParticipantScaredy, you could become the skeleton in the closet. If it were cost effective I would like to be launched into deep space to become a forever drifting pop sickle. Travelling the universe alone forever.
Strange how in death we become what we fear in life. Has anyone been frozen until a spouse dies and then buried together later? Side by side? One on top?moneymakerParticipantHow about a military version? Like how arapanet got going. They could use it to mesh control assassin drones.
January 24, 2018 at 1:05 AM in reply to: Will millenials kill Costco? And The rise of Amazon. #809108moneymakerParticipantI have a Costco card and my wife has prime membership, the best of both world’s. I get cash back and she gets free shipping. I probably should shop at Walmart more but I despise Sam’s as every time I used to go in there the employees at the checkout had spirits that just screamed how they hated their jobs, very depressing. Unfortunately I’m starting to notice this as well at some of the non union Costco stores.P.S.- article in OP was written by an employee of Bezos , hardly un-biased.
moneymakerParticipantWendy’s
moneymakerParticipantI believe the required 4% withdrawal doesn’t start until age 70 1/2, please correct me if I’m wrong. Taking out 4% a year would never get you to zero, but by age 100 you would only have 30% left assuming gains=inflation.
moneymakerParticipantMy guess would be Dallas, Austin Tx or Atlanta. Atlants is where UPS is headquatered, Austin is Whole foods HQ, and Dallas is decent weather lots of land, airport,cheap labor? Texas what’s not to like, way cheaper than CA. Disclaimer- I’ve never lived in Texas.
moneymakerParticipantIsn’t capital gains on the interest from the 370k only 15%? On the other hand if (when) interest rates rise the money market (bonds) is probably not a good idea. Buy some gold and make sure you have an alarm system!
moneymakerParticipantA lot of variables to consider, your age, your risk tolerance, kids (college fund), desires (possibly wifes desires here too), where is the money coming from? In my case I have less to pay off at a lower rate, however I can still deduct and not get hit by caps. Personally I would pay it off if the money is coming out of the stock market, but hey I’ve been wrong many times before so I think you should consult the wife. If the money is sitting in a money market account then I would say it is probably a wash and don’t lose any sleep over it. Max out 401k/IRA/college fund and then count your blessings.
You should have already refi’d into a 15 year to get the best rate and deduction, if you didn’t then that’s one more thing you can kick yourself for.moneymakerParticipantThanks for the correction spdrun, I just caught a snippet on the news, sorry for the “fake news”.
moneymakerParticipantSo if companies don’t see the benefits to the new tax laws for another year then why is everybody crediting the passage to the market going up?
moneymakerParticipantThe epilogue is the next to last chapter where the author gives statistics on evictions and basically his “view”, unfortunately his only real solution is “housing vouchers” which I personally don’t think is the answer. Today CA missed passing rent control in the whole state by 1 vote. So no real solution to the problem is laid out. He does state that in Milwaukee 1 in 5 black women have been evicted, compared to 1 in 12 Hispanic women, and 1 in 15 white women. Another interesting fact is that the difference between “hood” homes and nicer ones is sometimes only $200-$300 a month.
moneymakerParticipantIf the power wall cost $5500 itself then why $11k-$12k to install it? I wonder if solar city would quote a better price? If I could get it installed for $7k or less for a total cost of around $4800 and it would keep my power going during an outage i might consider it. When will all of us solar net meter 1 be forced onto TOU?
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