Posted on 11/07/2012 6:35:50 AM PST by US Navy Vet
Go to HELL ASSHOLE!
“I want to say eff them all!”
I already said that but that attitude isn’t a good lifestyle choice. It just eats us up. My best method for pulling out of a funk is putting together an action plan. I admire those who are able to totally go off the grid. We aren’t at that point but I think I can make a difference if I focus on what I can do and stop ignoring the rot.
BTW, I live just east of SF, about fifty miles in the Big Valley.
“I have a question about the 401K. We are of the age where we must withdraw a certain amount every year. I am wondering if we should withdraw more than the minimum, especially this year, because there is a real possibility that taxes will go up starting next year. Any advice out there? Thank you.”
First, you might want to consider rolling your 401k into an IRA that you can manage. So many 401ks buy funds that support left wing companies like the NY Slimes and other bs.
We have been happy with our Fidelity IRAs. We can buy and sell any ETF, stock and most mutual funds, not the losers picked by most 401k funs.
If you roll your funds over to an IRA, limit your mutual funds to a few good ones. Learn how to buy ETFs instead.
Instead of mutual funds buy ETFS and put a stop loss order on each one after you buy it. Recalculate this if you have gains. We use the IBD’s suggestion of a maximum loss of 10% on a stock or ETF. That came in as a life saver the May after Pelosi and Reid took over congrees. We had close to 20 ETF’s and fortunately had stop loss orders on them. We were on vacation when the market took a big hit. The stop loss order protected the gains we had and minimized our losses.
Also, you can sell your etfs at any time to take advantage of the market or to get out.
My wife and I have been discussing the same issue that you have posted. We have had good gains, and our 2012 mandatory withdrawals haven’t been enough. Of course what happens between now and the end of the year will determine our moves here.
So after the dust settles post election. We may cash out on some of our IRA money markets to buy what we may need and to buy things we want/not needed or vacations while we can.
Learn how to manage your own retirement fund in a self managed IRA.
Me too.. My God, I so thought our Commonwealth would do better. This is a shot to the gut.
I’m sorry as well. Take care Friend...
Regards
I know that area very well...pretty but I suspect more developed since my days there.
I, too, wish we could be more off grid but I can’t grow things worth a damn...
I know the anger and frustration only hurts me and no one else but right now, I’m indulging in the emotions of the moment, wanting to flip off everyone I see, turn off the news, ignore FR and tell the pollsters, pundits and prognosticators who predicted a Romney win to piss off.
And my belief du jour today that I am cultivating big time is that the election was a fraud...that the Chicago way went nationwide oh so subtly in blue areas were I think the votes for Obutthead were tweaked up enough to give him the edge...
I know it sounds nuts and probably is but that’s the way I feel right now.
“And my belief du jour today that I am cultivating big time is that the election was a fraud...that the Chicago way went nationwide oh so subtly in blue areas were I think the votes for Obutthead were tweaked up enough to give him the edge...I know it sounds nuts and probably is but that’s the way I feel right now.”
Not so nuts when Drudge Report shows Philly precincts had over 90% voter turnout and voters went 99% or higher for Obama. Granted they were black precincts but that is literally unbelievable. It makes it appear that blacks were more enthusiastic this go-round than 2008.
My only concern is that people will let it slide in the interests of “national unity”. What about helping people know their elections are fair and honest?
Well, whenst next I see my local delegate to the state house, I will be filling his ear about pushing voter I.d. laws, closed primaries, and paper ballots only and required reporting time the night of the election.
He’s conservative and was our county head pub so knows the score...
Meanwhile, I am now an independent for the first time in my 60 yr life.
This coming from a Nixonette, no less!!
Save every penny .Don’t spend a penny on anything not absolutely necessary to give to these communists in the government.
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