pettie4sox

QUOTE (greg775 @ Dec 27, 2017 -> 01:19 PM) You guys are very mean. You assume too much. Call me a simpleton or a fool and i'm ok with that. But my posts shouldn't make u think i'm a disgusting human. I really can't see how u assume i am despicable from a few apparently poorly written posts. And yet nobody comes to my defense. I guess i could be trash You would love for you to say your piece without anyone replying. Sorry buddy, that's not how it works. Your words have consequences.

QUOTE (raBBit @ Dec 27, 2017 -> 12:49 PM) Necessary? Absolutely. greg brought this on himself, you cannot save him.

Good lord. I'm trying to be respectful of other people's views/posts but greg really knows how to grind people's gears. I cannot believe the drivel he wrote. It's so overtly trollish it's not even funny.

QUOTE (southsider2k5 @ Dec 21, 2017 -> 05:49 PM) ASAP. A great rule of thumb is the rule of 72 for how often your account should double itself. The earlier you start, the less you miss the money you are socking away. Do it early so you never build a dependence on it. As a general rule you should ALWAYS take advantage of any retirement plus up to at least what they are willing to match. If you aren't it is like leaving free money on the table. If they are willing to give it to you, take it. When it comes to most 401k programs, I would almost always have the lions share of your funds in the broadest and simplest SP fund. They are going to have the lowest fees by far, and while they might not win a particular year, they will win in the long term. Trust me on that one. As you age, you should also be putting more and more of your funds in conservative style investing such as dividend and bond based funds. If you ever want to talk specifics, let me know. I have worked in this industry for 20 years and will point you away from the BS and where you need to go. I will absolutely keep you posted. Right now, I have them in a standard what year do you plan to retire fund.

QUOTE (New Era on South Side @ Dec 21, 2017 -> 10:26 PM) So it was a no s*** Sherlock question, but I do wonder if she’s going to be thrown into the Clinton category and get beat at the polls like Hillary did in 2016. Of course, we have to see if she’s the nominee out of the clown car of people the Democrats will have in 2020. I doubt Biden or Sanders will run so I bet it is Harris or Gillibrand. I wouldn't count out Sanders. If he can't find someone to carry his torch, I believe he will run again.

QUOTE (bmags @ Dec 21, 2017 -> 01:10 PM) Seriously though, it seems these are better regulated but a kid from my high school lost reported hundreds of thousands when one of the online poker scams closed shop. You never know how well they are keeping your money. I remember those poker scams you are referring to. GWB signed legislation that ruined the industry which was ridiculous. It paved the way for subpar poker sites to run amok to lure desperate Americans in and then pretty much pulled the rug from underneath them. I use the SBR when deciding on what sports book to invest in. I have multiple accounts to spread my money out and it also allows me to shop for better betting lines.

QUOTE (bigruss22 @ Dec 21, 2017 -> 12:50 PM) The game doesn't work that way unfortunately but godspeed sir! Time to be the one that breaks the glass ceiling then. =)

QUOTE (bigruss22 @ Dec 21, 2017 -> 12:42 PM) Good luck with that I'll find a way, why should I have to get taxed if the big dogs don't?

QUOTE (bmags @ Dec 21, 2017 -> 11:59 AM) I would not consider keeping money in a sports betting account safe, but that's just me. Not after what happened in the online poker world. I agree, but I still make bets and such. It's not an idle account for sure. I just don't want to pay any taxes on it when I withdraw it.

QUOTE (StrangeSox @ Dec 21, 2017 -> 09:55 AM) The earlier the better thanks to compounding interest. "If you can" is a pretty good and short intro guide on retirement investing. https://www.etf.com/docs/IfYouCan.pdf General guidelines I've seen and follow are: --Save in your 401k up to your employer's match. If they match the first 5%, put in that much. It's free money. --Beyond the employer match, put your next chunk of retirement savings into an IRA or Roth IRA. Which makes more sense for you depends on your current income levels (both phase out as income goes up) and your current and expected retirement tax brackets. The reason to go with your own IRA over your work's 401k is you can choose someone like Vanguard or Fidelity (and I think Schwab) who offer very-low-cost funds whereas you're going to be pretty limited in your options in your 401k. --Once you've maxed your IRA contribution limits ($5.5k/year right now), increase your 401k savings. That caps out at 18% of your income a year. If you max your 401k and your IRA space, congrats, go see a real financial professional because you've got a good problem on your hands. I currently do 8% of my salary 2% match and up to 8% at 50%. I was going to do it for a year, pay down some debts and re-evaluate then. I'm in a precarious situation because I have my sports betting account but I can't do anything to it because I can't figure out the tax implications, so it's safer to keep it in there for now. Most accountants don't know how to proceed with online sports betting winnings.

QUOTE (StrangeSox @ Dec 21, 2017 -> 09:56 AM) The wealth is obviously there, it's a matter of how our economic systems end up distributing it. We've already got worse income and wealth inequality than the peak of the Gilded Age. Socialist! /g

QUOTE (ptatc @ Dec 21, 2017 -> 09:37 AM) Would another way to accomplish this be to create more jobs instead of raising the minimum wage? So minimum wage workers can have more minimum wage jobs to work? I suppose if you work 16 hours a day at two minimum wage that would give people a chance?

Necrobump to some extent. I started a new job recently and I am taking advantage of the match to the full. I have saved some money via retirement accounts in the past but I'm not nearly where I need to be. This is probably a vague question but when do you need to start saving more money in your retirement account to make sure you're OK when the time comes?

QUOTE (RockRaines @ Dec 21, 2017 -> 09:24 AM) I'm thinking I have to make myself a passthrough corporation. Being able to milk the system requires knowledge and ton of resources. It pays to have money, literally.

Where is the thread to talk about 401ks and advice and such? Is this the proper venue?

QUOTE (New Era on South Side @ Dec 20, 2017 -> 06:00 PM) Would Gillibrand be connected to the Clintons in anyway by voters or Trump’s people? Do birds fly south for the winter?

QUOTE (Big Hurtin @ Dec 20, 2017 -> 10:19 AM) CORPORATIONS SAY PUBLICLY THEY’LL POCKET THE TAX CUT, BUT REPUBLICANS AREN’T LISTENING https://www.google.com/amp/s/static.theinte...republican.html The provision that the democrats introduced that made employers raise the wages with the corporate tax reduction that the republicans killed pretty much summed up their motives.

QUOTE (Quin @ Dec 20, 2017 -> 01:56 PM) Anyone banging the drum of "fiscally conservative" can go f*** themselves. It's always been a ruse.

QUOTE (RockRaines @ Dec 19, 2017 -> 08:11 AM) Fairly. I jumped on a couple of weeks ago and bought some Ethereum, as I feel its a longer play. Also throwing some on the blockchain companies that develop the underlying technology like RIOT and GHAC. How do you do that last part?

I get 3k weekly, did you guys just recently join?

Use coinbase and fund with debit or credit. If you post from your bank account, it takes a few days.

Top tier Japanese players don't even touch 10 mil maybe. He could be a steal.

QUOTE (BigSqwert @ Dec 15, 2017 -> 12:44 PM) I really liked it. Did you stay past the credits to see who reappeared? Yep. Can't wait for the next season.

QUOTE (JenksIsMyHero @ Dec 15, 2017 -> 12:21 PM) But they don't want to be reliant on Comcast/AT&T. If Comcast/AT&T are going to make it more difficult for people to get their service, ultimately costing them money, they're not going to play nice with them. They're going to want to compete with them and remove that reliance. Comcast and Disney are competitors anyway in a lot of different areas (Tv, movies, theme parks.) There's an incentive to go rogue, much like Netflix did with Hollywood studios. And frankly, there's a huge opportunity there for some silicon valley tech company to get into that marketplace. If Comcast and AT&T are going to dick people around, they'll look for another alternative if it's there. We can only pray that a true free market allows a service to rise up and supply the demand for something reasonable.

What did you guys think of the Mr Robot finale?