Check out your 401k
- Thread starter DOGS THAT BARK
- Start date
If you are planning on retiring in the next ten years get out now.
They are about to blow this thing up again.
Dow 5000.
They are about to blow this thing up again.
Dow 5000.
I pulled half of my retirement out and put it into a 401k that I created (with the help of accountants and lawyers, of course) with no penalties or having to pay taxes, and I am going to invest it in a company I will be starting in the spring.
Actually, I can invest the money in anything I want but I am using it to buy a franchise.
I can rollover money from my other retirement account to mine at any time, all or part, without penalties or taxes as well.
Actually, I can invest the money in anything I want but I am using it to buy a franchise.
I can rollover money from my other retirement account to mine at any time, all or part, without penalties or taxes as well.
The greedy, corporate-loving, partisan fucks on cap hill better get their act together fast, or sub 10k will be here soon.
How exactly does that work? I was wanting to do something with my rental properties along this line but did not know how to go about it.
http://www.guidantfinancial.com/
I can answer any questions by email after you look this site over. They took care of everything for me. Their charge is ~ $5000.
what kind of franchise,bub(if you don`t mind my asking....a general idea...not specific)?....
i give you oodles of credit....you have some seriously big balls....you aren`t afraid to take chances....wish i had the nerve...
you are the epitome of a true conservative entrepreneur....
i give you oodles of credit....you have some seriously big balls....you aren`t afraid to take chances....wish i had the nerve...
you are the epitome of a true conservative entrepreneur....
Weasie, I'll let everybody know what I decided on once it's 100% official.
My signature has been on every paycheck of mine since 1981, I can't ever imagine having it any other way.
Good luck to me :0008
as a guy who is sitting around getting 2.65% on c.d.`s(and that`s a good rate nowadays...used to getting 5.5) ,i take my hat off to you..
i`m losing money....we`ve had thousands of dollars in vet bills this year....just paid 3 grand in property taxes...200 a pop to renew drivers licenses... home owners` ins......quarterly tax bills...
you feel like you`re getting picked apart little by little....it just never ends..
there was a time when i was thinking about gold,but everyone kept expecting it to plateau.....bad move on my part....i was ready jump in...and i double clutched...
sometimes playing it safe is a bad idea....
i really hope it works out for you.....guys like you are the straws that stir the drink in this country....:toast:
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I wasn't trying to knock 401K returns in any particular time--just think it is great site to find how your company ranks with others.
Wifes company fruit of the loom was bought by warren buffet--don't expect them to be cash strapped for a while.
Wifes company fruit of the loom was bought by warren buffet--don't expect them to be cash strapped for a while.
