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04-12-2018, 06:06 PM | #1861 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Go out a few years, 2-5, and my 90% negative number is more accurate. No thanks on taking on IPOs in the first few months unless you like gambling (which I sometimes do!). |
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04-12-2018, 07:51 PM | #1862 | |
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Join Date: Feb 2005
Location: Olathe, Ks
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Let me give you .05 worth of free advice. Go get a book called "Technical Analysis of the Futures Market" by John Murphy. Don't shy away because it says futures. 100% of the book applies to stocks as well. It is the Bible of TA. You will look at stock charts in a totally new light and it will open up an entirely new perspective to your analysis. |
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04-12-2018, 07:52 PM | #1863 | |
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Join Date: Feb 2005
Location: Olathe, Ks
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04-12-2018, 07:55 PM | #1864 | |
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Join Date: Feb 2005
Location: Olathe, Ks
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A) You can withdraw your capital from a ROTH penalty free prior to 59 1/2 if you need the money B) If you intend to retire and a similar income level that you currently have then you cannot automatically assume you will have a lower tax bracket if you are pulling all of your income from taxable retirement savings such as a 401k or a Traditional IRA And a notable correction to what you said about where a ROTH "shines". You are not accurate. A ROTH shines in the fact that what you withdraw is not taxed. A Traditional IRA or 401k does not have its "gains" taxed at all. But you will pay tax at the ordinary income level when you do withdraw from them. |
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Posts: 129,511
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04-12-2018, 08:30 PM | #1865 | |||
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Join Date: Apr 2007
Location: Scott City KS
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What you withdraw out of a ROTH is not taxed. What you withdraw out of a Traditional IRA/401K is taxed upon withdrawl. What you withdraw consists of: ROTH = Basis (what you contributed after tax meaning you paid tax on it) +Gain(Not taxed) 401K/IRA = Basis (contributed pretax, meaning it wasn't taxed, but is taxed upon withdrawl) +Gain (taxed on withdrawl) My statement was accurate - gains are not taxed. So was your's. Lew's point is typically correct also, having investments in both ROTH and Traditional should net you a lower tax bracket. But for most folks, what is really appealing about a ROTH is that the gains aren't taxed. Especially if they are younger and have more time for gains to compound. |
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04-12-2018, 08:35 PM | #1866 | |
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Location: Olathe, Ks
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04-12-2018, 08:42 PM | #1867 |
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Join Date: Apr 2007
Location: Scott City KS
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04-12-2018, 09:38 PM | #1868 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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So if you had $100,000.00 and were to put it all into the market tomorrow what does the Chiefs Planet Portfolio look like?
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04-13-2018, 09:20 AM | #1869 | |
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Join Date: Feb 2005
Location: Olathe, Ks
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When do you need the money? Immediate term I would be piece into stocks and park most in cash. Wouldn't go over 50% stocks at the moment Long term there is only one word you need to remember....."Technology" |
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Posts: 129,511
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04-13-2018, 09:37 AM | #1870 | |
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Location: Scott City KS
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Are you saying no more than 50% stocks because you think more correction is coming? |
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04-13-2018, 09:40 AM | #1871 |
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Location: Scott City KS
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04-13-2018, 10:13 AM | #1872 | |
In Search of a Life
Join Date: Aug 2005
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Upgrade Medical CBD license to Medical MJ- change plant varieties- become wealthy. |
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04-13-2018, 10:20 AM | #1873 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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I don't need it anytime soon. I have some tech stocks but this is would be a whole different portfolio. $100,000.00 divided into 10 stocks with $10,000.00 in each. I want to see what the Chiefs Planet investment gurus can come up with. Or you could do 12 stocks @ $8,000.00 ea.
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04-13-2018, 10:57 AM | #1874 | |
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Join Date: Apr 2007
Location: Scott City KS
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04-13-2018, 11:01 AM | #1875 | |
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Join Date: Apr 2007
Location: Scott City KS
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I wouldn't do individual stocks. I asked a question about retirement fund companies back last spring and got some good information on fees in relation to different companies. That's probably better than anything I'd come up with, but yeah, I think you want mutual funds not stocks. |
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