To: indianyogi
Touch my 401(k) and there’ll be HELL TO PAY!.......
8 posted on
10/23/2008 7:00:19 AM PDT by
Red Badger
(My wallet is made out of depleted you-owe-mium........)
To: Red Badger
Touch my 401(k) and therell be HELL TO PAY!.......
You still have some of it left????
LOL.
Mistakenly opened my mutual fund annuity statement [I use part of this fund to pay part of my utilities]. It is down nearly 50% so far just this year.
I moved most of my money market to "high rate" CDs.
I had to laugh. Those "high rates" are in the range of 4% to 4.5% for 12-24 months.
Ironically, 12 years ago, money market accounts that paid 8% were considered to be low-average rates of return.
How times have changed.
14 posted on
10/23/2008 7:06:52 AM PDT by
TomGuy
To: Red Badger
Did you contribute to the plan with before tax monies or after tax monies?
Because if you put you money in before taxes you’re going to get hosed when you go to withdraw those funds or they are converted to a government annuity. There will be huge taxes due on the entire amount.
So I point to all of those who said I was stupid for investing on my own, with after tax monies.
49 posted on
10/23/2008 8:42:12 AM PDT by
Ouderkirk
(I will not vote for Obama not because he is black, but because he is RED)
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