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#5446 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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I still say people should have a solid mix of Roth and traditional. Too many things are hard to predict over multiple decades to go 100% one way.
My state could remove income tax later, or we could end up in FL or TX because the kids/grandkids moved there, or health reasons. Federal taxes seem like they should go up but it seemed that way after the stimulus during the GFC and trillion dollars deficits that ensued yet nearly a decade later we went back to trilly deficits and lowered taxes. Japan's got nearly twice our debt to GDP with negative rates so clearly we can keep going for a long time possibly. The Fed just created 3 trillion at the Treasury's behest and the long end didn't even budge.. and that's at the lowest rate it's ever been in history. ![]() |
Posts: 5,951
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#5447 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 45,745
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#5448 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
I won’t bust on a guy for going the traditional route because the big thing is it is I a fund. If someone is putting money away, I’m happy. I have some in both. Part of it is my Cabela’s 401 was traditional and I didn’t want to **** with basis so I left it traditional. |
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Posts: 57,024
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#5449 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Would be nice for the market to gain some traction today.
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Posts: 45,745
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#5450 |
I'll be back.
Join Date: Nov 2002
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Nothing has run all week for me. Everyone scared to buy.
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Posts: 279,736
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#5451 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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FWIW Harley Davidson is getting booted off the S&P 500.
I probably wouldn’t own those shares. |
Posts: 57,024
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#5452 |
MVP
Join Date: Jun 2004
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Posts: 6,672
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#5453 | ||
TACO SALAD
Join Date: Apr 2008
Location: yes
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There was an article in WSJ last week with data from Fidelity.
Quote:
Quote:
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Posts: 5,951
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#5454 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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I like hearing that because it means some money will move into the market at some point.
Today was not a good day for me. The market was up, and I think I ended up down slightly. I'm stuck in my REIT and cruise line stocks that get panic-hammered every time a Seattle anarchist coughs. I'm at the point where I'm hanging on to them because they're down so far that I hate to sell them at a big loss and I'm afraid to miss a spike when the bad news stops. |
Posts: 141,868
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#5455 | |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,488
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#5456 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
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Posts: 8,282
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#5457 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Let’s ride!!!
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Posts: 45,745
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#5458 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
I've not looked at the cruise line stocks closely but logic tells me #1) this virus crap will pass just like EVERY other pandemic and #2) People are gonna cruise |
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Posts: 40,488
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#5459 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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There are now a bunch of momentum stocks everyone is chasing. Crazy stuff!
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Posts: 51,029
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#5460 | |
I'll be back.
Join Date: Nov 2002
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I TOLD YOU
iBio Selected by IBM Watson Health for the use of IBM Clinical Development Solution at No Cost to help Support clinical COVID-19 Vaccine Candidates Quote:
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Posts: 279,736
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