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SuingToGetAMessageBoard?

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Posts posted by SuingToGetAMessageBoard?

  1. Checking on my stonking skillz.  I've got nine individual holdings.  Four of them are -76%, -89%, -94%, -97%.  Not bad, not bad.   My five that don't look like that aren't nearly high enough to offset.

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  2. 16 hours ago, Anastasis said:

    I think a function of the time horizon. The math doesn’t work for most people. Don’t over think this and let political brain damage influence the long term strategy. 

    Feels like just a diversification strategy. Why not guarantee a 5% return on a small chunk of the 401(k)?

     

    There maybe some political brain rot buried under my reasoning there, but I don’t think it’s the overwhelming part and I don’t think it’s irrational.  It feels conservative. 

  3. other 401K talk, throwing it here.

     

    401K loans seem smart in the following situations:

    1) you've got a steady job with little risk of termination before the end of the payback period.

    2) you've got an existing loan you can use to pay it off.

    3) you think the US is entering a phase when there won't be a ton of growth of your 401K.

     

    I think all three are true now.  I've got a 5.75% loan on a car for $45k.  I'm thinking of just paying it off with a 401K loan.  i get all the interest instead of the lender.  i'm not missing out on growth of that money right now.  doing the math, it looks like i'm giving up about $200 a month interest right now while watching the $45 k that would fund the loan shrink in my 401K.

     

    The big downside to a 401K loan generally is that you are refilling your 401K, which was funded with pre-tax dollars, with post-tax dollars.  But that is why you only use it for number 2 above: you would be paying off some existing loan off with post tax dollars, of course.  So you're having to use post tax dollars on one or the other -- either to pay the lender or to pay you.

     

    I don't expect the 20% growth rates we've had for the last couple of years to continue, so I think this is a good time to use that money elsewhere.

  4. On 4/3/2025 at 2:48 PM, HornOnTheBayou said:

    I love that every time Liam Neeson gets mentioned on this site, this video gets posted. Because every time, I watch it and start cracking up. 

    "I have AIDS." 
    "Yeah, thought you might have." 

    I legitimately think I’ve watched this skit more than any other one. Every line kills me.   

  5. 1 hour ago, Gatorubet said:

    IMG_4454.thumb.png.9866ed2a7650989930ca0c4e7403aabb.png

    Flag at half mast for Pope is worth a red live update headline, unlike the thousand point Dow drop.

    And the libs at Forbes are just making people upset for no particular reason.

    legitimately news for retards.  how can anyone read that site and think they are getting anything but spin.

  6. Just now, Vegas64 said:

    incremental gains

    basically this.  he started a ball rolling one way in a giant organization that was always rolling in the opposite direction.  major in the sense that it was entirely new and opposite of what any that prided themselves on being doctrinal purists would say.  incremental in that there is still not going to be a rainbow flag hung in the vatican for a few thousand more years. 

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  7. I bet theres a non European, non America/Latin American pope next, reflecting the growth of the church in Africa and Asia.

     

    5 minutes ago, Vegas64 said:

    I don't know that I agree with your police work.

    From what I've read, he said that being gay is not a CRIME, but still a SIN. 

     

    He blessed same sex couples. It was a major shift.

     

    2 minutes ago, Hermanator said:

    I'm thinking they may pick someone that goes hard in the opposite direction . . . . 

    "they" are basically all Francis acolytes.

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