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#751 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,415
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#752 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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#753 |
MVP
Join Date: Jan 2007
Location: Missouri
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Posts: 8,514
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#754 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,415
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#755 |
MVP
Join Date: Jan 2007
Location: Missouri
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You could change gears and put a fairly shallow heated recirculating down and back styled concrete river in your long greenhouse. Fill it full of fish with fresh water shrimp in the settling basin end and float some produce or fancy herbs in the foam style blocks on the water. Report back and let me know if you're going broke or getting rich!
I really want to try it, but I'd have to hire someone to sit at the market and sell it or I'd want to kill some old bitty complaining about prices. |
Posts: 8,514
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#756 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,415
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#757 |
MVP
Join Date: Aug 2005
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I'll start by saying I know this topic has probably been covered multiple times, but I don't feel like picking through 50 pages.
Recently the wife and I started considering the possibility of early retirement. I think we could have the funds in place to do it at say 55 years of age. The problem (at least I see it as a problem) is that all of what we've saved so far is in 401k accounts which aren't accessible without penalties until we are of retirement age (correct?). So my first question is, what do I do about that? Do I start to shrink my 401k contributions and open a personal trading account and invest in similar mutual funds that our 401ks are in, or are there better things to do? Also, I want to dabble (a couple thousand $) in trading. What is the best DIY online service? From what I've read so far, TD Ameritrade and Charles Schwab are highly rated. |
Posts: 14,574
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#758 | |||
In BB I trust
Join Date: May 2003
Location: Boston, Mass.
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It depends on your financial situation, of course, but you can view this as a 4.5 year period for your 401(k) to continue to grow while you are relying on other savings. That money needs to last the rest of your life, so the later you tap it, the better, in some respects. Quote:
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Posts: 43,125
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#759 |
Starter
Join Date: Sep 2016
Location: Alkali Lake
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Bitcoin and Ethereum are where it's at
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Posts: 117
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#760 | |
In Search of a Life
Join Date: Aug 2005
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Best MJ stock I have found lately- they are actually making money. All of their products are legal in all 50 states. |
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Posts: 43,200
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#761 | |
In Search of a Life
Join Date: Aug 2005
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Quote:
Your best bet would be to have them set you up a Roth IRA. Put in what you can afford right now- and then start maxing it out when you can. |
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Posts: 43,200
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#762 | ||
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
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Posts: 35,697
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#763 | |
MVP
Join Date: Aug 2005
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What about an ordinary trading account? Obviously the contributions are post-tax. Do you get taxed on the growth every year? |
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Posts: 14,574
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#764 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Posts: 52,163
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#765 |
Banned
Join Date: Dec 2014
Location: 19th Hole
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Want to make a nice investment that will cash out well in the next few years?
Aclaris Therapeutics and Portola Pharmaceuticals. You're welcome. |
Posts: 11,680
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