Tiberius Posted May 26, 2016 Share Posted May 26, 2016 I know this because you told us you stopped contributing to your 401k and went with an IRA. http://forums.twobillsdrive.com/topic/185364-dol-fiduciary-ruling/?p=3914048 I do think the 401k is Bull Sh it How much do you lose in fees and in bad investments made by crooked brokers? No thanks Oh, and retirement for me will be fine, barring a disaster Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted May 26, 2016 Share Posted May 26, 2016 LOL Link to comment Share on other sites More sharing options...
Chef Jim Posted May 26, 2016 Share Posted May 26, 2016 (edited) I do think the 401k is Bull Sh it How much do you lose in fees and in bad investments made by crooked brokers? No thanks Oh, and retirement for me will be fine, barring a disaster So your 401k is bull ****. Do something about it you lazy bastard! LOL That is pretty much what I should have "said". I thinks what's going on here is when you're only making $10 and hour babysitting 10 hours a week it's impossible to max out your 401k So based on that I think his actions are sound. Edited May 26, 2016 by Chef Jim Link to comment Share on other sites More sharing options...
Deranged Rhino Posted May 26, 2016 Share Posted May 26, 2016 (Please, no questions answered with a question, so ignorant) What do you call refusing to answer any direct questions about your positions? Cowardly or ignorant or both? Oh, that's right. Fascists don't permit questions. I forgot where your politics truly lie for a second. Link to comment Share on other sites More sharing options...
Tiberius Posted May 26, 2016 Share Posted May 26, 2016 So your 401k is bull ****. Do something about it you lazy bastard! I did and its working out fine compared to the 401 contributions I still have from years ago. No comparison Link to comment Share on other sites More sharing options...
Chef Jim Posted May 26, 2016 Share Posted May 26, 2016 I did and its working out fine compared to the 401 contributions I still have from years ago. No comparison So you completely gave up on your ability contribute and deduct $18k? Good job! Link to comment Share on other sites More sharing options...
3rdnlng Posted May 26, 2016 Share Posted May 26, 2016 I am actually busy, are you? I do get breaks though. And what am I missing? You know this how? (Please, no questions answered with a question, so ignorant) What, they are now calling study halls breaks? Link to comment Share on other sites More sharing options...
Tiberius Posted May 26, 2016 Share Posted May 26, 2016 So you completely gave up on your ability contribute and deduct $18k? Good job! No, still have the ability but no need or ambition to waste my money. Once I found out they would not let me invest in vanguard and after trying to get them to let me, I just went to IRA and regular. Why should I invest with something I don't trust? Link to comment Share on other sites More sharing options...
DC Tom Posted May 26, 2016 Share Posted May 26, 2016 No, still have the ability but no need or ambition to waste my money. Once I found out they would not let me invest in vanguard and after trying to get them to let me, I just went to IRA and regular. Why should I invest with something I don't trust? I think the most amazing thing about your idiocy is that it never ceases to amaze. Link to comment Share on other sites More sharing options...
Tiberius Posted May 26, 2016 Share Posted May 26, 2016 I think the most amazing thing about your idiocy is that it never ceases to amaze. Or how you always have to say something that amounts to nothing.... Link to comment Share on other sites More sharing options...
Chef Jim Posted May 26, 2016 Share Posted May 26, 2016 (edited) No, still have the ability but no need or ambition to waste my money. Once I found out they would not let me invest in vanguard and after trying to get them to let me, I just went to IRA and regular. Why should I invest with something I don't trust? Ahhhh so to you Vanguard is the gold standard of investing. So based on the fact that you don't have access to Vanguard in your 401k you'll likely have $1m less in your retirement. Once again. Good job. I love how you consider an $18k annual investment in a tax deductible/tax deferred vehicle as a waste of your money. Edited May 26, 2016 by Chef Jim Link to comment Share on other sites More sharing options...
Tiberius Posted May 26, 2016 Share Posted May 26, 2016 Ahhhh so to you Vanguard is the gold standard of investing. So based on the fact that you don't have access to Vanguard in your 401k you'll likely have $1m less in your retirement. Once again. Good job. Why not make it two million?!? Lol, sure sure Link to comment Share on other sites More sharing options...
Chef Jim Posted May 26, 2016 Share Posted May 26, 2016 Why not make it two million?!? Lol, sure sure Because that's unreasonable. Link to comment Share on other sites More sharing options...
Tiberius Posted May 26, 2016 Share Posted May 26, 2016 Because that's unreasonable. That me paying lower fees will kill me? I don't think so Link to comment Share on other sites More sharing options...
Chef Jim Posted May 26, 2016 Share Posted May 26, 2016 That me paying lower fees will kill me? I don't think so Putting $18,000 less into your tax deferred retirement is huge. Fees be damned! I shake my head every time I meet one of you numbskulls. Link to comment Share on other sites More sharing options...
DC Tom Posted May 26, 2016 Share Posted May 26, 2016 (edited) Or how you always have to say something that amounts to nothing.... You get the responses you deserve. Edited May 26, 2016 by DC Tom Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted May 28, 2016 Share Posted May 28, 2016 I think most of those people that claim they wouldn't be able to cover a 1000 dollar emergency actually could if they needed to. They just don't see the resources they have around them. Link to comment Share on other sites More sharing options...
blzrul Posted May 28, 2016 Share Posted May 28, 2016 I saw another article where the figure was $400. That's plain scary. I can remember when $400 seemed like a lot of money, and to judge by some of what I read in these forums many of you weren't even born then . Seriously my mom taught all us kids to "pay ourselves" first, meaning bank money, pay bills and THEN have fun with what's left over, if anything. Sage advice. My kid started contributing to retirement with the first job at age 16. If my rainy-day fund drops below one year's mortgage, taxes and insurance (happens every year when the boat goes in for service) I have chest pains. The fact is that wages have not kept up with the cost of living in many areas, so those who are starting out or are in their early years working full-time aren't seeing the same trajectory of income growth that many of us older folks did. Link to comment Share on other sites More sharing options...
Maury Ballstein Posted May 28, 2016 Share Posted May 28, 2016 I think most of those people that claim they wouldn't be able to cover a 1000 dollar emergency actually could if they needed to. They just don't see the resources they have around them. Blowjobs ? Link to comment Share on other sites More sharing options...
Azalin Posted May 28, 2016 Share Posted May 28, 2016 I saw another article where the figure was $400. That's plain scary. I can remember when $400 seemed like a lot of money, and to judge by some of what I read in these forums many of you weren't even born then . I know how you feel... Link to comment Share on other sites More sharing options...
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