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401(k) isnt really a good deal unless you earn $1mm+ (Julia)

...
cerise razzle parlor
  01/20/18
401(k) makes sense only if you get dat match
glittery pit hissy fit
  01/20/18
Untrue. It still makes sense without a match unless your emp...
cerise razzle parlor
  01/20/18
Still makes sense. Pay way lower tax rate down line AND avo...
vibrant ebony mediation set
  01/20/18
there's a high risk that a future Democrat congress will imp...
glittery pit hissy fit
  01/20/18
There’s a risk that a meteor will hit the earth and kill us ...
cerise razzle parlor
  01/20/18
This is utterly retarded. 401k distributions are taxed as or...
diverse plaza
  01/20/18
Yea retard but you avoid the original income tax and for mos...
vibrant ebony mediation set
  01/20/18
Lol at ur stupid ass. Julia is a FINANCIAL ADVISOR
cerise razzle parlor
  01/20/18
CR who am I to argue with a CNBC contributor
vibrant ebony mediation set
  01/20/18
You’re really fucking dumb. No. You do not avoid the income ...
diverse plaza
  01/20/18
you would have to save a shitload of money for your tax brac...
haunting boyish theater stage toaster
  01/20/18
Not necessarily; it could also reflect changes in the tax co...
diverse plaza
  01/20/18
Look you dumb bitch, if you put it in a brokerage account yo...
Bright deep gas station idiot
  01/20/18
I avoid your sub threads as a rule but that doesn't sound co...
Milky Alcoholic Hall Affirmative Action
  01/21/18
exactly, but don't expect her to get this point
haunting boyish theater stage toaster
  01/21/18
jfc
Massive cordovan tank meetinghouse
  01/21/18
1. Millenials aren't going to get rich af starting in middle...
Appetizing Filthpig Associate
  01/20/18
I’lm going out now. Will respond substantively later today.
diverse plaza
  01/20/18
Thanks for the heads up. Cheers!
Appetizing Filthpig Associate
  01/20/18
Can't wait for the substantive response from picasso-tits.
Bright deep gas station idiot
  01/20/18
Thanks for nothing.
Appetizing Filthpig Associate
  01/21/18
what capital gains tax are you avoiding
glittery pit hissy fit
  01/20/18
This guy is seriously confused. It’s either cap gains or ord...
diverse plaza
  01/20/18
although ppl probably don't give enough weight to the abilit...
glittery pit hissy fit
  01/20/18
You are missing a big step
vibrant ebony mediation set
  01/20/18
On non 401k gains you pay capital gains on your earnings. ...
vibrant ebony mediation set
  01/20/18
Please retype in English.
diverse plaza
  01/20/18
You've proven to be a retard time and time again on here. I...
vibrant ebony mediation set
  01/20/18
Ok, so I won. Thanks for playing!
diverse plaza
  01/20/18
I'm guessing you thought about it a little more and realized...
vibrant ebony mediation set
  01/20/18
Cr, or if you need to lower your taxable income now.
diverse plaza
  01/20/18
Makes no sense if both your parents died in early 60s from c...
harsh maroon new version
  01/20/18
the anti 401k screeding is tryhard nonsense. tax deferred gr...
effete mental disorder
  01/20/18
Cr. Julia...I retract my advice. Go to law school part tim...
mahogany coiffed kitchen
  01/21/18
There's NO CHANCE tax rates will be lower in the future. The...
Vengeful Gold Heaven
  01/20/18
Example for Julia: Suppose you invest $10k in 401k 20 yea...
vibrant ebony mediation set
  01/20/18
"10% yearly growth gives you..." stopped readin...
Vengeful Gold Heaven
  01/20/18
Make it 2% and it still applies dumbass
vibrant ebony mediation set
  01/20/18
long term capital gains tax rate is 0% right now for bulk of...
insanely creepy mind-boggling incel nursing home
  01/20/18
Okay then just include the interest every year
vibrant ebony mediation set
  01/20/18
she can put 100% of it in equities or some other form of non...
insanely creepy mind-boggling incel nursing home
  01/20/18
Lol ok. You got me
vibrant ebony mediation set
  01/20/18
So your tax rate assumption for retirement is 0 percent capi...
erotic drab main people
  01/21/18
Also take into account how much you have to earn in order to...
cerise razzle parlor
  01/20/18
This is, again, stupid: 1) Long-term capital gains rates ...
diverse plaza
  01/20/18
Ljl. So basically you listed a bunch of exceptions to refut...
vibrant ebony mediation set
  01/20/18
I see you just got pwned and are butthurt. Sorry :(
diverse plaza
  01/20/18
What's the advantage of a Roth if capital gains tax savings ...
vibrant ebony mediation set
  01/20/18
Also, her argument assumes that there will still be a large ...
Bat Shit Crazy Hideous Tanning Salon Foreskin
  01/20/18
The real answer here is “diversify on tax”, just as you dive...
charismatic balding church boiling water
  01/20/18
Worse case with Roth is they capital gains tax everything so...
vibrant ebony mediation set
  01/20/18
I completely agree, worth the risk. I also have a fair amoun...
charismatic balding church boiling water
  01/20/18
it's a complete scam
Lake vigorous halford
  01/21/18
Dividends, bonds, or any other interest bearing instrument a...
multi-colored rebellious generalized bond
  01/21/18
Nah Julia says the income tax you eventually pay is the same...
vibrant ebony mediation set
  01/21/18
Julia spends a few dozen hours every month scanning clickbai...
salmon liquid oxygen
  01/21/18
...
Cracking alcoholic double fault trailer park
  01/21/18
Weird thread
cocky razzle-dazzle ceo
  01/21/18
...
cerise razzle parlor
  01/21/18
:_( I max out 401k every year, get a 1/2 match, borrow ag...
mischievous locale
  01/21/18
Cr. What could go wrong?
cerise razzle parlor
  01/22/18


Poast new message in this thread



Reply Favorite

Date: January 20th, 2018 2:05 PM
Author: cerise razzle parlor



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197259)



Reply Favorite

Date: January 20th, 2018 2:05 PM
Author: glittery pit hissy fit

401(k) makes sense only if you get dat match

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197265)



Reply Favorite

Date: January 20th, 2018 2:06 PM
Author: cerise razzle parlor

Untrue. It still makes sense without a match unless your employer only offers a plan with actively managed funds with high fees

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197273)



Reply Favorite

Date: January 20th, 2018 2:07 PM
Author: vibrant ebony mediation set

Still makes sense. Pay way lower tax rate down line AND avoid capital gains taxes.

Everyone forgets capital gains advantage

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197279)



Reply Favorite

Date: January 20th, 2018 2:14 PM
Author: glittery pit hissy fit

there's a high risk that a future Democrat congress will impose a 100% tax on outstanding 401(k) balances to pay for universal healthcare

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197316)



Reply Favorite

Date: January 20th, 2018 2:20 PM
Author: cerise razzle parlor

There’s a risk that a meteor will hit the earth and kill us all. Don’t save anything

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197368)



Reply Favorite

Date: January 20th, 2018 2:24 PM
Author: diverse plaza

This is utterly retarded. 401k distributions are taxed as ordinary income. Depending on your tax bracket, this may be higher than capital gains. That’s why retirees in high tax brackets are advised to draw on funds from taxable accounts first, and avoid 401k distributions as much as possible. Thus the concept of the RMD.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197386)



Reply Favorite

Date: January 20th, 2018 2:28 PM
Author: vibrant ebony mediation set

Yea retard but you avoid the original income tax and for most people the withdrawals will be at a much lower tax rate. AND no capital gains tax. Of course if you end up loaded then it's not really as helpful but most people shouldn't plan on that.

You are really fucking stupid.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197408)



Reply Favorite

Date: January 20th, 2018 2:31 PM
Author: cerise razzle parlor

Lol at ur stupid ass. Julia is a FINANCIAL ADVISOR

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197415)



Reply Favorite

Date: January 20th, 2018 2:32 PM
Author: vibrant ebony mediation set

CR who am I to argue with a CNBC contributor

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197420)



Reply Favorite

Date: January 20th, 2018 2:33 PM
Author: diverse plaza

You’re really fucking dumb. No. You do not avoid the income tax - you are just paying it later when you claim the distribution. Theres no telling what your income bracket will beat retirement - if you’re a working professional who saves regularly, it may well be higher. Just do some basic reading and educate yourself:

https://www.google.com/amp/s/www.fool.com/amp/retirement/general/2015/01/25/which-retirement-account-should-you-tap-first.aspx

In most cases, you want to draw on taxable accounts first. In a few cases, you’ll need to draw more from 401ks to manage the RMD issue.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197427)



Reply Favorite

Date: January 20th, 2018 2:38 PM
Author: haunting boyish theater stage toaster

you would have to save a shitload of money for your tax bracket in retirement to be higher than while working. It's not going to happen for 95% of people.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197461)



Reply Favorite

Date: January 20th, 2018 2:41 PM
Author: diverse plaza

Not necessarily; it could also reflect changes in the tax code. What the idiot above doesn’t understand is that you only pay one of either cap gains or ordinary income taxes on money from taxable or tax deferred accounts. There is no “saving” on cap gains taxes. If you put the money in a brokerage account, you get taxed on cap gains when it’s withdrawn; if you put it in a 401k, it's ordinary income. Never both. He doesn’t seem to see this.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197476)



Reply Favorite

Date: January 20th, 2018 6:00 PM
Author: Bright deep gas station idiot

Look you dumb bitch, if you put it in a brokerage account you get taxed TWICE. Once as ordinary income on a paycheck and once as capital gains when you sell the stocks you invested that ordinary income in. The 401k avoids that double taxation. Are you really this stupid?

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198666)



Reply Favorite

Date: January 21st, 2018 9:14 AM
Author: Milky Alcoholic Hall Affirmative Action

I avoid your sub threads as a rule but that doesn't sound correct. Isn't the $ you put in a regular brokerage account $ you've already paid income taxes on (or had withheld from your paycheck)?

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35201842)



Reply Favorite

Date: January 21st, 2018 9:17 AM
Author: haunting boyish theater stage toaster

exactly, but don't expect her to get this point

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35201847)



Reply Favorite

Date: January 21st, 2018 7:12 PM
Author: Massive cordovan tank meetinghouse

jfc

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35205137)



Reply Favorite

Date: January 20th, 2018 2:44 PM
Author: Appetizing Filthpig Associate

1. Millenials aren't going to get rich af starting in middle age. There is not "no telling." I know this is the conventional wisdom but just think about it for a second. You can pretty much tell where you'll end up based on OCI and phenotype.

2. 401k money is still money that no one can get to i.e. if you get sued and shit. If you randomly get rich in your 50s - good for you! Now you have other accounts to draw from that are more advantageous! Hooray! So you draw the 401k money last - so what? Something has to come last.

3. Income is generally low af in retirement and when it's not, that is generally apparent relatively early in one's life.



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197490)



Reply Favorite

Date: January 20th, 2018 2:47 PM
Author: diverse plaza

I’lm going out now. Will respond substantively later today.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197504)



Reply Favorite

Date: January 20th, 2018 2:48 PM
Author: Appetizing Filthpig Associate

Thanks for the heads up. Cheers!

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197512)



Reply Favorite

Date: January 20th, 2018 6:02 PM
Author: Bright deep gas station idiot

Can't wait for the substantive response from picasso-tits.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198672)



Reply Favorite

Date: January 21st, 2018 10:49 AM
Author: Appetizing Filthpig Associate

Thanks for nothing.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35202177)



Reply Favorite

Date: January 20th, 2018 2:34 PM
Author: glittery pit hissy fit

what capital gains tax are you avoiding

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197432)



Reply Favorite

Date: January 20th, 2018 2:37 PM
Author: diverse plaza

This guy is seriously confused. It’s either cap gains or ordinary income.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197453)



Reply Favorite

Date: January 20th, 2018 2:40 PM
Author: glittery pit hissy fit

although ppl probably don't give enough weight to the ability to reinvest pretax dividends in a 401(k).

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197473)



Reply Favorite

Date: January 20th, 2018 2:42 PM
Author: vibrant ebony mediation set

You are missing a big step

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197483)



Reply Favorite

Date: January 20th, 2018 2:38 PM
Author: vibrant ebony mediation set

On non 401k gains you pay capital gains on your earnings.

yes you is income tax on your earnings in 401k but the earnings are much higher than if you had paid income tax originally (non 401k).

I'm not doing the math for you but if you do it you'll see

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197463)



Reply Favorite

Date: January 20th, 2018 2:42 PM
Author: diverse plaza

Please retype in English.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197482)



Reply Favorite

Date: January 20th, 2018 2:43 PM
Author: vibrant ebony mediation set

You've proven to be a retard time and time again on here. I'm not arguing with an idiot any longer.

If you want to do the math to show I'm wrong go for it.

Wtf do you think the advantage of a Roth is?

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197487)



Reply Favorite

Date: January 20th, 2018 2:46 PM
Author: diverse plaza

Ok, so I won. Thanks for playing!

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197495)



Reply Favorite

Date: January 20th, 2018 2:46 PM
Author: vibrant ebony mediation set

I'm guessing you thought about it a little more and realized what step you were missing

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197501)



Reply Favorite

Date: January 20th, 2018 2:26 PM
Author: diverse plaza

Cr, or if you need to lower your taxable income now.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197394)



Reply Favorite

Date: January 20th, 2018 2:11 PM
Author: harsh maroon new version

Makes no sense if both your parents died in early 60s from cancer.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197303)



Reply Favorite

Date: January 20th, 2018 2:51 PM
Author: effete mental disorder

the anti 401k screeding is tryhard nonsense. tax deferred growth where you can arrange to pay low taxes 40 years from now. oh i wonder why they have to limit contributions.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197525)



Reply Favorite

Date: January 21st, 2018 9:20 AM
Author: mahogany coiffed kitchen

Cr. Julia...I retract my advice. Go to law school part time and take all the tax classes and do tax clinic. You will see in like week 4 of fed tax why 401 et seq is a good deal.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35201854)



Reply Favorite

Date: January 20th, 2018 2:58 PM
Author: Vengeful Gold Heaven

There's NO CHANCE tax rates will be lower in the future. They're currently at historic lows, GOP hasn't cut spending at all and all that debt will be to be paid back eventually, and libs will control government in the future. It actually makes more sense to reduce your 401k contributions now since we're at a market peak and taxes are much lower that they will be when you retire. Put that shit into a roth and so you avoid future high tax rates (yes, this requires you to assume the risk that libs won't double tax roths).

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197595)



Reply Favorite

Date: January 20th, 2018 3:04 PM
Author: vibrant ebony mediation set

Example for Julia:

Suppose you invest $10k in 401k 20 years before retirement with a 30% marginal rate (that you avoid). 10% yearly growth gives you about $25,937 in 20 years. Say your income is still taxed at 30%, that leaves you with $18,156 when withdrawn.

If you instead put the $10k in normal account and pay the 30% tax now, in 20 years at 10% growth that comes out to $18,156, but you are done paying taxes. So equal to 401k.

But wait! In the second scenario you are paying capital gains taxes on the interest and dividends every year and when you sell you are paying it on the gains.

So it comes out to much less than the 401k amount of $18,156 even if there is no income tax rate advantage.

Julia?!?!

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197648)



Reply Favorite

Date: January 20th, 2018 3:05 PM
Author: Vengeful Gold Heaven

"10% yearly growth gives you..."

stopped reading right here

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197655)



Reply Favorite

Date: January 20th, 2018 3:07 PM
Author: vibrant ebony mediation set

Make it 2% and it still applies dumbass

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197669)



Reply Favorite

Date: January 20th, 2018 3:12 PM
Author: insanely creepy mind-boggling incel nursing home

long term capital gains tax rate is 0% right now for bulk of retirees (married filing joint retirement income is 75.9K or less).

https://www.nerdwallet.com/blog/taxes/capital-gains-tax-rates/

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197703)



Reply Favorite

Date: January 20th, 2018 3:15 PM
Author: vibrant ebony mediation set

Okay then just include the interest every year

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197731)



Reply Favorite

Date: January 20th, 2018 3:17 PM
Author: insanely creepy mind-boggling incel nursing home

she can put 100% of it in equities or some other form of non-interest yielding assets.



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197756)



Reply Favorite

Date: January 20th, 2018 3:21 PM
Author: vibrant ebony mediation set

Lol ok. You got me

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197786)



Reply Favorite

Date: January 21st, 2018 9:30 AM
Author: erotic drab main people

So your tax rate assumption for retirement is 0 percent capital gain and 30 percent on ordinary income? That's retarded. If you're at 0 on gains it is because your income is low and your marginal rate on ordinary is also likely to be low.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35201877)



Reply Favorite

Date: January 20th, 2018 3:13 PM
Author: cerise razzle parlor

Also take into account how much you have to earn in order to invest $10k. Under the 401kk scenario it’s $10k. Under the second, it’s a number higher than $10k

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197710)



Reply Favorite

Date: January 20th, 2018 3:48 PM
Author: diverse plaza

This is, again, stupid:

1) Long-term capital gains rates are zero for most middle-income filers, so there's no advantage vs. a 401K - especially if they want to withdraw before full-retirement age and avoid penalties.

2) What in fuck are you talking about interest? A typical equity portfolio carries no interest.

3) You can engage in tax-loss harvesting, etc, to offset a portfolio that includes other types of assets.

4) 401K fees and offerings are often less advantageous than a taxable account.

5) Funds in a brokerage account can be converted into IRAs, or you can pool many account types, making you a preferred customer and qualifying you for preferential treatment/rates.You can't convert a 401K into anything except a rollover account.

6) Opportunity cost of keeping money tied in a 401K and not invested more lucratively elsewhere.

Again, the advantages of a 401K are limited to 1) Employer match 2) bankruptcy protection, 3) lowering current taxable income ( for IBR or PAYE, for example), and 4) encouraging undisciplined savers to keep heir hands out of the cookie jar.



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35197984)



Reply Favorite

Date: January 20th, 2018 3:54 PM
Author: vibrant ebony mediation set

Ljl. So basically you listed a bunch of exceptions to refute the capital gains tax savings (which you denied existed earlier); most of which don't even make sense.

Just do never have dividends or bonds! You really are the worst combination of arrogant and dumb.



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198031)



Reply Favorite

Date: January 20th, 2018 3:56 PM
Author: diverse plaza

I see you just got pwned and are butthurt. Sorry :(



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198043)



Reply Favorite

Date: January 20th, 2018 4:12 PM
Author: vibrant ebony mediation set

What's the advantage of a Roth if capital gains tax savings aren't important? Why not just put in regular taxable account?

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198165)



Reply Favorite

Date: January 20th, 2018 6:08 PM
Author: Bat Shit Crazy Hideous Tanning Salon Foreskin

Also, her argument assumes that there will still be a large 0% capital gains bracket in the future, and that the poors who end up in it don't currently qualify for the savers credit.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198694)



Reply Favorite

Date: January 20th, 2018 4:59 PM
Author: charismatic balding church boiling water

The real answer here is “diversify on tax”, just as you diversify on the underlying securities.

I have about 3x more in my Roth than in 401K accounts (and I also have about the same amount as is in the 401K in normal accounts), but I have no problem at all putting eggs in both (or all three) baskets, though I avoid holding bonds in my normal, taxable account. Who knows what tax rates are going to be 40 years from now? I tend to think Roth accounts are likely to be a better deal overall, but those, too, depend upon the government not deciding just to double-tax the money after all. If there are low-ish income years in retirement where it’s advantageous to do so, I’ll pull extra from the 401K and come out ahead. If not, well, I favored the Roth anyway.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198394)



Reply Favorite

Date: January 20th, 2018 5:43 PM
Author: vibrant ebony mediation set

Worse case with Roth is they capital gains tax everything so it ends up just being like a normal taxable account except for restrictions. Worth the risk IMO

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198610)



Reply Favorite

Date: January 20th, 2018 5:54 PM
Author: charismatic balding church boiling water

I completely agree, worth the risk. I also have a fair amount of investment real-estate, which is tax-advantaged in its own way of course.

Maximum flexibility about where, exactly, to draw income from in retirement is a good thing, I think.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35198641)



Reply Favorite

Date: January 21st, 2018 10:49 AM
Author: Lake vigorous halford

it's a complete scam

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35202179)



Reply Favorite

Date: January 21st, 2018 11:25 AM
Author: multi-colored rebellious generalized bond

Dividends, bonds, or any other interest bearing instrument are never taxed while held in a tax-sheltered account. In other words, you can enjoy 30+ years of growth without the government taking it's yearly cut.

I'm not reading through sub-thread wastelands, but there are many people that do not make a million dollars per year, and would have a good reason to hold dividend paying stocks or bonds in their investment portfolio. If they do so, it is more advantageous to hold them in tax sheltered accounts. I don't see how this is open for serious debate.

Edit: this point is separate and independent from issues such as fund/administrative fees, and the ROTH vs Trad issue. Those things vary from person to person.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35202368)



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Date: January 21st, 2018 5:41 PM
Author: vibrant ebony mediation set

Nah Julia says the income tax you eventually pay is the same thing as paying capital gains. Worse actually!

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35204462)



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Date: January 21st, 2018 7:00 PM
Author: salmon liquid oxygen

Julia spends a few dozen hours every month scanning clickbait 'personal finance hack' listicles to rip off for her own 'freelance finance writing' career. career should probably be taken in the loosest sense possible, given the individual being discussed.

anyway, she has lost touch with ordinary financial reality because she only understands personal finance as some kind of 'identify hacks/tricks/loopholes' scheme where decades-long sound planning for security and growth is reduced to a few binary points targeted at middle class neckbeards and Carmella Soprano-style hausfraus who can't really grasp how investment works.

Julia is moste definitely the type of dilettante who is too dumb and lacks the background to overcome her own posturing, so she inevitably grows to think that the bullshit she sells to the gullible/indifferent is actually great advice.

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35205019)



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Date: January 21st, 2018 7:23 PM
Author: Cracking alcoholic double fault trailer park



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35205259)



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Date: January 21st, 2018 11:27 AM
Author: cocky razzle-dazzle ceo

Weird thread

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35202379)



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Date: January 21st, 2018 5:15 PM
Author: cerise razzle parlor



(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35204285)



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Date: January 21st, 2018 5:21 PM
Author: mischievous locale

:_(

I max out 401k every year, get a 1/2 match, borrow against my 401k and invest those proceeds into stocks. Shrewd?

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35204324)



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Date: January 22nd, 2018 8:26 AM
Author: cerise razzle parlor

Cr. What could go wrong?

(http://www.autoadmit.com/thread.php?thread_id=3865563&forum_id=2#35208280)