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04-20-2017, 07:46 AM | #916 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
If you can roll it do it. |
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Posts: 57,710
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04-20-2017, 12:13 PM | #917 |
Banned
Join Date: Dec 2014
Location: 19th Hole
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Very informative thread. I've flirted with the idea of real estate and rentals, of course my financial advisor who manages my ROTH/401k has dissuaded me from this as he has vested interest in how my portfolio does. In a down market I can't help but think about the potential of buying up a few small town homes in a college town to use as rentals. Heck, even a couple of condos to function as airbnbs seems profitable.
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Posts: 11,680
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04-20-2017, 01:20 PM | #918 |
Woman should only make babies
Join Date: Nov 2003
Location: Apartment "G UNIT!"
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Does your pension roll out count towards the max per year you can put in an ira? I might just say max out 401k and keep everything simple so you boke ride more and not do work.
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Posts: 54,567
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04-20-2017, 01:21 PM | #919 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Nah, rollovers don't count toward your annual contribution. They're just moving around past contributions.
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Posts: 142,672
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04-20-2017, 06:32 PM | #920 | ||
The Maintenance Guy
Join Date: Sep 2005
Location: Renovated Bugeater Estate
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Quote:
Quote:
And yeah, retiring so I can bike ride more and not do work is what I'm hoping for. |
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Posts: 70,535
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04-20-2017, 06:34 PM | #921 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
https://www.fool.com/knowledge-cente...ver-rules.aspx |
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Posts: 46,069
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04-20-2017, 06:48 PM | #922 | |
The Maintenance Guy
Join Date: Sep 2005
Location: Renovated Bugeater Estate
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Quote:
That seems like the most sensible thing to do. Like Rain Man pointed out, it wouldn't make sense to take the tax hit just have the opportunity for all the headaches a rental property would bring. |
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Posts: 70,535
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04-20-2017, 06:51 PM | #923 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Definitely agree. If you don't need the income, a rental property doesn't make sense.
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Posts: 46,069
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04-20-2017, 09:15 PM | #924 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
The DC market place including Northern VA and Maryland are all on fire. Occupancy in class A and B+ properties are mostly 90-95%. It's crazy. Look at all the REITS like DDR, Federal Realty, KImco, Regency Centers, Brixmor, all have great returns from high occupancy. Vornado out of New York just merged with JBG, a local DC powerhouse in commercial real estate. |
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Posts: 52,112
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04-26-2017, 08:30 AM | #925 |
Fish are scared of me
Join Date: Nov 2001
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Looks like another opportunity to buy U.S. Steel (X)is developing . Currently at $22. The Trump relations with China has driven it back down. I think this could make 100% profits in the next 12 months. I have all my stock funds tied up right now but may have to sell some off to jump in on X
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Posts: 40,779
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04-26-2017, 02:56 PM | #926 | |
MVP
Join Date: Aug 2000
Location: Lee's Summit
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Quote:
Looking to diversify those funds and thinking of 3 MF's and and maybe X with the leftovers. |
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Posts: 8,287
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04-26-2017, 03:07 PM | #927 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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SP500 fund
Mid-cap fund Small-cap fund International fund Bond fund beat everyone year after year profit |
Posts: 129,408
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04-26-2017, 06:17 PM | #928 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
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Posts: 46,069
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04-28-2017, 10:27 AM | #929 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
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Bought 73 shares of X after I bought 4 MF's
SHGTX MGGPX WAINX CTCAX |
Posts: 8,287
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04-28-2017, 11:26 AM | #930 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,779
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