On 24/07/2010 3:07 PM, Califbill wrote:


"bpuharic" wrote in message
...
On Fri, 23 Jul 2010 21:11:18 -0400, Larry wrote:

bpuharic wrote:
On Thu, 22 Jul 2010 19:39:16 -0400, wrote:


bpuharic wrote:

On Wed, 21 Jul 2010 20:03:06 -0400, wrote:



and what makes you think loan officers arent interested in money?



I said, and I know I misspelled a word, that I realize that they
can be
liquidated. They are still of not interest to a loan officer as
collateral. I'm quite bright. I have a large 401K/IRA. You,
apparently don't.


so you say. the average 401K is less than 50K.

mine's bigger.

and so is my 401K

I'm far behind you in retirement age yet I have a large 401K/IRA. I
know that bothers you. If you knew how much you might kill yourself.

hey the fact you're rich bothers me not at all. good luck

but when you're my age...watch your ass. wall street's gonna look at
your 401K and decide it's too good for you to keep.

bye bye!!

Actually it is the government looking at all that 401k money to take.

Which is why this fall is going to be brutal on the markets. Say you
are over 65, have a loaded 401k/IRA -- and taxes are going to go up
sharply for 2011...might want to withdraw this year at a better
federal/state rate than next year. I will predict, December is going to
see some real down swings if not sooner.

--

Government has liberals, idealists and lawyers, but where is the common
sense?