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[ 9 posts ] |
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Brian A
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Posted: Wed May 23, 2018 10:10 am |
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Joined: Mon Mar 01, 2010 12:43 pm Posts: 3912 Images: 13 Been Liked: 1672 times
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Me, LR. I will dj/kj as long as my body is able and functioning well – or until I die. https://www.youtube.com/watch?v=BVBHxxo3TKE
_________________ To be fortunate enough to derive an income from a source as fulfilling as karaoke music has got to be as close to heaven as we can get here on earth!
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mrmarog
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Posted: Wed May 23, 2018 11:45 am |
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Joined: Thu Jul 10, 2008 5:13 pm Posts: 3801 Images: 1 Location: Florida Been Liked: 1612 times
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Brian A wrote: Me, LR. I will dj/kj as long as my body is able and functioning well – or until I die. https://www.youtube.com/watch?v=BVBHxxo3TKEIf I had a permanent setup like you and Lon I would be at for a long time to come as well. But I don't and I can see my KJ days are becoming less and less. Don't get me wrong I still enjoy it, but there are too many factors coming into play as we age.
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DannyG2006
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Posted: Wed May 23, 2018 11:59 am |
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Joined: Sun Nov 27, 2005 11:31 am Posts: 5397 Location: Watebrury, CT Been Liked: 406 times
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I know that it is an ad for retirement savings but I will never trust my money anything tied to the stock exchange. Call me misinformed but I feel like I have a better chance of making money from state lottery tickets than being crooked out of my money from the stock market.
_________________ The Line Array Experiment is over. Nothing to see here. Move along.
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The Lone Ranger
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Posted: Thu May 24, 2018 1:14 pm |
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Joined: Fri Jun 17, 2011 8:22 am Posts: 6103 Been Liked: 634 times
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DannyG2006 wrote: I know that it is an ad for retirement savings but I will never trust my money anything tied to the stock exchange. Call me misinformed but I feel like I have a better chance of making money from state lottery tickets than being crooked out of my money from the stock market. Danny you are still young, if you put in a little bit each month into a Roth IRA when you draw out the money the principal and interest will be federally tax free. Invest for the long term in a good balanced no load fund, then 5 years from retirement start moving your money over to a tax free money market account, at the rate of 20% a year from your Roth. By dollar averaging putting in a little per month you will avoid putting it all in at the top of the market, and watching it go down. This is called dollar cost averaging.
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Alan B
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Posted: Mon Jun 04, 2018 5:00 am |
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Joined: Sun Jul 30, 2006 7:24 pm Posts: 4466 Been Liked: 1052 times
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The Lone Ranger wrote: DannyG2006 wrote: I know that it is an ad for retirement savings but I will never trust my money anything tied to the stock exchange. Call me misinformed but I feel like I have a better chance of making money from state lottery tickets than being crooked out of my money from the stock market. Danny you are still young, if you put in a little bit each month into a Roth IRA when you draw out the money the principal and interest will be federally tax free. Invest for the long term in a good balanced no load fund, then 5 years from retirement start moving your money over to a tax free money market account, at the rate of 20% a year from your Roth. By dollar averaging putting in a little per month you will avoid putting it all in at the top of the market, and watching it go down. This is called dollar cost averaging. Excellent financial information, LR. I am impressed.
_________________ Electro-Voice Evolve 50... Taking Sound To The Next Level.
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jdmeister
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Posted: Mon Jun 04, 2018 5:16 am |
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Joined: Sun Mar 24, 2002 4:12 pm Posts: 7704 Songs: 1 Location: Hollyweird, Ca. Been Liked: 1089 times
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Alan B wrote: The Lone Ranger wrote: DannyG2006 wrote: I know that it is an ad for retirement savings but I will never trust my money anything tied to the stock exchange. Call me misinformed but I feel like I have a better chance of making money from state lottery tickets than being crooked out of my money from the stock market. Danny you are still young, if you put in a little bit each month into a Roth IRA when you draw out the money the principal and interest will be federally tax free. Invest for the long term in a good balanced no load fund, then 5 years from retirement start moving your money over to a tax free money market account, at the rate of 20% a year from your Roth. By dollar averaging putting in a little per month you will avoid putting it all in at the top of the market, and watching it go down. This is called dollar cost averaging. Excellent financial information, LR. I am impressed. And, placing funds in the Roth, you lower your "today" tax rate, resulting in more spendable income now.
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mrmarog
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Posted: Mon Jun 04, 2018 2:28 pm |
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Joined: Thu Jul 10, 2008 5:13 pm Posts: 3801 Images: 1 Location: Florida Been Liked: 1612 times
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jdmeister wrote: And, placing funds in the Roth, you lower your "today" tax rate, resulting in more spendable income now. Living in California requires a lot of thinking about how you can save some money for yourself. I know, my wife is from there, and we go there a couple times a year.
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