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Old 12-29-2017, 06:10 AM   #21
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Originally Posted by gixxerbill View Post
I know you can make money in the market but I trust real estate more
I get a steady 10 to15%return and i also get appreciation on the property
Folks that have access to a 401k where contributions are matched by the employer get free money. I'm not saying to put all your money in a 401k, but at least try to get the maximum contribution from your employer.
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Old 12-29-2017, 09:44 AM   #22
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Quote:
Originally Posted by Repth View Post
http://awealthofcommonsense.com/2016...arket-returns/

TLDR; 10% average annual return is very mediocre. In periods where the market is good, you can easily see closer to 15-20% by tracking a major index. Even over long periods of time (in this case, 30 years), catastrophic events like the great depression are averaged out to no less than ~8% annually. Meanwhile if a depression hits and all your holdings are in real estate I think you could really lose your . Not saying real estate is bad. I'm interested in it purely because I think it's more engaging than chucking my money at an index fund. But I'm skeptical that returns of 10-15% in real estate in a very positive market are sufficient...
But I think you are forgetting the appreciation. Like one house I bought at 65k is worth 135 now after 10 years of 12%.
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Old 12-29-2017, 09:45 AM   #23
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Folks that have access to a 401k where contributions are matched by the employer get free money. I'm not saying to put all your money in a 401k, but at least try to get the maximum contribution from your employer.
I totally agree with you on the 401k.
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Old 12-29-2017, 02:01 PM   #24
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But I think you are forgetting the appreciation. Like one house I bought at 65k is worth 135 now after 10 years of 12%.
Yes I imagine there can be serious gains made due how leveraged real estate is. But there's also considerable risk. I'm not saying it's bad, I was just bringing up the power of tracking an index and keeping hands off.
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Meh, I agree with his OP
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Old 12-29-2017, 04:24 PM   #25
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Those under 30 should be looking at Roth IRAs. Do it while your income level is lower. With a Roth your gains are tax free.
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Old 12-29-2017, 06:06 PM   #26
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Those under 30 should be looking at Roth IRAs. Do it while your income level is lower. With a Roth your gains are tax free.
but i'm not under 30 Maxg
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Old 12-29-2017, 06:27 PM   #27
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Don’t you wish you had invested 50k in a roth? Imagine all thise years of gains... and no taxes.

The kids right out of college should be doing this.
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Old 12-30-2017, 09:00 AM   #28
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Are you saying that an index fund isn't a mutual fund? REEEEEEEE
>>> INDEX FUNDS are based on targeted equities in a specific sector ... the range of equities targeted is generally very limited compared to a MUTUAL FUND which is comprised of a broad spectrum of equities ... most DOW JONES index funds would have produced gains equal to the market rise whereas mutual funds gains were more modest and also carried more costs ... MUTUAL FUNDS are generally less risky because of the broader spectrum of equities ... BTW i am not a certified investment counselor and this information is for recreational investing purposes only
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Old 12-30-2017, 09:16 AM   #29
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Donít you wish you had invested 50k in a roth? Imagine all thise years of gains... and no taxes.

The kids right out of college should be doing this.
Right after all those kids pay 50k in student loans.
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Old 01-01-2018, 07:58 AM   #30
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Originally Posted by MaxGs View Post
Those under 30 should be looking at Roth IRAs. Do it while your income level is lower. With a Roth your gains are tax free.
If your employer offers a 401k and Roth 401k, don't contribute more than what your employer matches into the 401k, contribute the remainder into the Roth.
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Old 01-01-2018, 07:42 PM   #31
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If your employer offers a 401k and Roth 401k, don't contribute more than what your employer matches into the 401k, contribute the remainder into the Roth.


Mine offers a Roth and traditional 401 as well as a match. One of the reasons I didnít choose to use the Roth over the traditional was that the rep couldnít tell me if the match would apply to the Roth. Is it standard procedure that they wouldnít or is there a different reason you recommend doing a traditional for the match then utilizing he Roth?
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nothing goes unmoderated....
"And so, this tiny metal deathtrap becomes known as the ultimate form of freedom. Like a steampunk cyborg, man and machine fuse to make a symbol of what you can become when style and speed matter more than safety and efficiency. Is it any wonder that some people just get mad every time they see a motorcycle go by? Because it challenges everything they have, while proving to them that they donít have enough."
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Old 01-02-2018, 02:52 AM   #32
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Quote:
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Mine offers a Roth and traditional 401 as well as a match. One of the reasons I didnít choose to use the Roth over the traditional was that the rep couldnít tell me if the match would apply to the Roth. Is it standard procedure that they wouldnít or is there a different reason you recommend doing a traditional for the match then utilizing he Roth?
Depends on your company. Some match either one you choose but the money they match may be qualified (before tax) or non qualified. You should be able to ask your 401k provider. If they match either I'd prefer doing the Roth. At withdrawals it'll be tax free. Tax free is usually better but of course consult with your CPA to be sure for your particular case
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Old 01-02-2018, 06:38 AM   #33
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Last edited by Bevo; 01-02-2018 at 06:40 AM.
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Old 01-02-2018, 06:51 AM   #34
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Quote:
Originally Posted by DvlRacer View Post
Mine offers a Roth and traditional 401 as well as a match. One of the reasons I didn’t choose to use the Roth over the traditional was that the rep couldn’t tell me if the match would apply to the Roth. Is it standard procedure that they wouldn’t or is there a different reason you recommend doing a traditional for the match then utilizing he Roth?
If they'll match the Roth, then just contribute to the Roth.
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Old 01-02-2018, 07:00 AM   #35
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Quote:
Originally Posted by DvlRacer View Post
Mine offers a Roth and traditional 401 as well as a match. One of the reasons I didnít choose to use the Roth over the traditional was that the rep couldnít tell me if the match would apply to the Roth. Is it standard procedure that they wouldnít or is there a different reason you recommend doing a traditional for the match then utilizing he Roth?
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Originally Posted by Bevo View Post
If they'll match the Roth, then just contribute to the Roth.
On second thought you might want to contribute to both. It depends on what you think your tax bracket might be after retirement compared to what it is now.

http://time.com/money/4258994/tradit...1k-retirement/
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Old 01-03-2018, 10:53 AM   #36
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Those under 30 should be looking at Roth IRAs. Do it while your income level is lower. With a Roth your gains are tax free.
Yup. And before the individual income tax reaches a marginal rate of 50%. Pure speculation of course.
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Old 01-03-2018, 10:55 AM   #37
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Depends on your company. Some match either one you choose but the money they match may be qualified (before tax) or non qualified. You should be able to ask your 401k provider. If they match either I'd prefer doing the Roth. At withdrawals it'll be tax free. Tax free is usually better but of course consult with your CPA to be sure for your particular case

If I am not mistaken, the employer contributions will still be taxable at the time of withdrawal. Still better than a traditional 401k, though.
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Old 01-03-2018, 11:12 AM   #38
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If I am not mistaken, the employer contributions will still be taxable at the time of withdrawal. Still better than a traditional 401k, though.
That's from what I've experienced as well in regards to any matching. Companies get the IRS tax break for pretax money to the employees. Also food for thought, if one can find ways of saving and getting distributions income tax free, that'll be better for Medicare when you retire. Meaning if you were withdrawing money 50k income tax free at retirement while I did the same 50k but I was reporting that as future income you'd have less taken out of your social security to pay for Medicare. That's the lesson for today
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