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  #162   Report Post  
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Default ah, yes, the latest on my company 401K

On 21/07/2010 6:54 PM, bpuharic wrote:
On Wed, 21 Jul 2010 18:29:05 -0600,
wrote:

On 21/07/2010 6:04 PM, bpuharic wrote:
On Tue, 20 Jul 2010 19:04:59 -0400, wrote:

John H wrote:
On Mon, 19 Jul 2010 23:10:30 -0400, wrote:


Seriously, Bob, do you really think all the conservatives here, or anywhere, are
rich? Do you not think a bunch of us might be middle class? Yet you are the one
doing all the whining because you paid little attention to your investment.

I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

Don't they all? If he has/had a company match - it would be free money,
too!

gee. if only you guys sold time on your crystal balls BEFORE the
collapse



You wouldn't list, it was there in plain view. Ron Paul for example


yeah. the same guy who told us the jews were planning to take over the
world


So tell us, are you islam/muslum jew hater too?

that the ron paul you talking about?


Ron Paul as libertarian, yep. He and others were saying as early as
2002 this isn't good. Debt worshiping liberals didn't want to hear it
so they ignored it.

--

Government has liberals, idealists and lawyers, but where is the common
sense?
  #163   Report Post  
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Default ah, yes, the latest on my company 401K

On 21/07/2010 6:57 PM, bpuharic wrote:
On Wed, 21 Jul 2010 20:42:10 -0400, John
wrote:

On Wed, 21 Jul 2010 20:06:53 -0400, wrote:

On Tue, 20 Jul 2010 12:15:30 -0400, John
wrote:

On Mon, 19 Jul 2010 23:10:30 -0400, wrote:


the rich are doing fine...so that's all that matters

Seriously, Bob, do you really think all the conservatives here, or anywhere, are
rich?

i think they're sock puppets for the rich. they believe all the
bull**** myths about working hard, how the middle class is getting
richer, how we can turn our futures over to wall street and
everything's gonna be fine


OK, so we're not 'rich', just middle class. Yet, we aren't whining and
complaining about how the 'rich' took all our money. Do you ever wonder about
that?


of COURSE you're not whining. you have your little right wing myths
about how america is SSOOOO special...we take care of the rich and
they'll take care of us.

why not check this out?

http://andrewsullivan.theatlantic.co...the-day-6.html

how has the middle class done? how have the rich done?

let me know when you take your jaw off the floor.


Do you not think a bunch of us might be middle class? Yet you are the
one
doing all the whining because you paid little attention to your investment.

yeah. me and 100M other hard working americans


Gosh, there's only one here doing all the whining about the money he lost.


uh huh. why not try selling your right wing bull**** to your
neighbors. tell 'em what a great job wall street's done in the last 2
years


I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

gee. where was your crystal ball in 2006?


Did you really need a crystal ball to know what a money market was?


do you ever read a newspaper? are you aware there's a depression on?

no. i guess not. rush hasnt let you in on it yet


Everyboy is wrong and bpuharic is right, there is a name for that disease.


--

Government has liberals, idealists and lawyers, but where is the common
sense?
  #165   Report Post  
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Default ah, yes, the latest on my company 401K

On 21/07/2010 7:35 PM, wrote:
On Wed, 21 Jul 2010 21:10:34 -0400, wrote:

On Wed, 21 Jul 2010 21:02:38 -0400,
wrote:

On Wed, 21 Jul 2010 20:06:53 -0400, wrote:

I asked if your 401K had a money market fund. By putting your money in same, you
could have prevented the losses you took.

gee. where was your crystal ball in 2006?

I sold a lot of stock in 2006, you should have asked me.
I sold off my home builder stock in 2004. I am actually swimming in
that money (my pool)


gee. too bad most m iddle class americans will have to work 'til
they're 70



Only the dumb ones. I retired when I was 49 but I did have a little
hobby job for a few years after that.
My only advice for people is what a broker told me in 1973.
The first thing you should do with your money is pay off your debt.
That is an investment that pays you a double digit return every day.
Take the money you were going to be paying on that debt and invest it.
Even if you are only in a FDIC money market, you are money ahead.


Good advice. As getting right out of all debts is where you really
start to save the pile, like a reverse mortgage, keep paying the savings
account. Treat it like rent towards your retirement. And don't take on
frivious debt.

But people are stupid, TV is on sale for $999 so they charge it and
spend 24% (2% monthly) to have it. 2 years later they paid $1300 for
it. The wise person waits until they have the $999, and finds out it be
cheaper at $799...no interest. Almost 1/2 price!

It is all about dicipline. The twit should read the book "The Wealth
Barber", good book for turning beginers into winners.

http://en.wikipedia.org/wiki/The_Wealthy_Barber

--

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


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Default ah, yes, the latest on my company 401K

On 21/07/2010 6:59 PM, bpuharic wrote:
On Wed, 21 Jul 2010 20:03:06 -0400, wrote:

bpuharic wrote:
On Tue, 20 Jul 2010 19:06:17 -0400, wrote:




go ahead and try to get a loan using your 401K as collateral

see what happens



CC


When would any lender accept a 401K account as collateral?

since it's a standard part of a loan applcation. that's when

been renting all your life, i see


I'm going to try to guess what you meant to say...

Loan applications usually are interested in liquid assets. 401K
accounts don't count. I ralize they can be liquidated but loan officers
aren't interested in that.


401k's are liquid assets if you take a tax penalty

not too bright, are you?

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



But you would be wholely stupid to do that, taking money out of a
IRA/401k prematurely is about as dumb as it gets. And "rich" people
don't look at dumb things as valid options.

Loan officers job is to take rich peoples money, pay them a dividend,
then multiply it to loan to loaser who will pay for the privelege of the
loan.

Want to be rich, just means you have to do what it takes to be on the
right end of that transaction. Save money and loan it to people who
will pay it abck with interest.

Didn't even read the rule about debt I sent you the other day? Guess
you like being miserable and stupid.


--

Government has liberals, idealists and lawyers, but where is the common
sense?
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Default ah, yes, the latest on my company 401K

On Wed, 21 Jul 2010 20:22:33 -0600, Canuck57
wrote:

On 21/07/2010 6:54 PM, bpuharic wrote:
On Wed, 21 Jul 2010 18:29:05 -0600,




You wouldn't list, it was there in plain view. Ron Paul for example


yeah. the same guy who told us the jews were planning to take over the
world


So tell us, are you islam/muslum jew hater too?


now let's see

the moron quotes ron paul and doesnt know he once edited a paper that
published antisemitic diatribes...

THEN he blames the messenger for bringing the bad news

yep. he's right wing alright. totally stupid


that the ron paul you talking about?

i
Ron Paul as libertarian, yep. He and others were saying as early as
2002 this isn't good. Debt worshiping liberals didn't want to hear it
so they ignored it.


it was george bush and his treasury secretary who increased the debt
to 9% of GDP

more stupdiity from the right wing


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Default ah, yes, the latest on my company 401K

On Wed, 21 Jul 2010 20:23:42 -0600, Canuck57
wrote:

On 21/07/2010 6:57 PM, bpuharic wrote:
On Wed, 21 Jul 2010 20:42:10 -0400, John
wrote:
why not check this out?

http://andrewsullivan.theatlantic.co...the-day-6.html

how has the middle class done? how have the rich done?


gee. where was your crystal ball in 2006?

Did you really need a crystal ball to know what a money market was?


do you ever read a newspaper? are you aware there's a depression on?

no. i guess not. rush hasnt let you in on it yet


Everyboy is wrong and bpuharic is right, there is a name for that disease.


notice how he ignores the facts. the right wing is big on emotion

short on logic

  #170   Report Post  
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Default ah, yes, the latest on my company 401K

On 21/07/2010 7:01 PM, bpuharic wrote:
On Wed, 21 Jul 2010 20:05:16 -0400, wrote:

On Wed, 21 Jul 2010 18:18:40 -0400, wrote:


let's see....there are 115,000,000 working americans. about 80% make
less than 100K.

looks good to me.

Most of those people are not "middle class". Half of them don't even
make enough money to pay income tax.

ah yes, the right wing mantra...they dont pay 'income' taxes....so
they're worthless


Where do you get these things?


let's see...capital gains is 15%

then they get to write off their losses. deduct business
expenses...yadda yadda...


I simply pointed half of the people you are lumping into the middle
class are not making enough to pay income taxes so they are hardly
middle class.


?? what makes you think not paying income taxes means you're not
middle class?


I am probably a big exception to the rule, as generally for 98% of the
people gfretwell is absolutely correct.

But in my case, 66% of the cash is tax paid, so in retirement my
realized income is going to be low. This is by design as I get big tax
deferements putting it in, then can draw it out low and slow at a lower
tax bracket. It is called advanced financial planning.

Hey, if I can save $1000 in taxes for 10 hours of work, that is $100/hr
net!!

--

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