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  • 347Mike
    replied
    Originally posted by GrayStangGT View Post
    or 1 1/2 years old
    Same difference.

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  • GrayStangGT
    replied
    Originally posted by 347Mike View Post
    20 months or almost two?
    or 1 1/2 years old

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  • 347Mike
    replied
    Originally posted by 03DARKSHADOW View Post
    LMAO..now really?! She's only 20months old...haha be my guess oh and btw he should keep in mind she loves Dora the explorer:wink1:
    20 months or almost two?

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  • 03DARKSHADOW
    replied
    Originally posted by Broncojohnny View Post
    He probably wants to take your daughter's ass to the mall
    LMAO..now really?! She's only 20months old...haha be my guess oh and btw he should keep in mind she loves Dora the explorer:wink1:

    Leave a comment:


  • GhostTX
    replied
    Originally posted by yellowstang View Post
    Why is that?
    What I mean is, if the company matches $1:$1 up to X%, you should put in X%.

    My company does $0.50:$1 up to 6%, so I contribute 6%...and I'm yeilding an instant 50% return (compared to market 10% or savings 2%).

    Originally posted by 347Mike View Post
    My company matches 50% so it would be an instant 50% not 100%. lol I am currently paying the maximum they match.
    Ya...that's what I meant.

    The over of 6%, I'm rolling into a Roth IRA. When I max my contributions there, I'll start putting the "extra" into the 401k.

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  • 347Mike
    replied
    Originally posted by GhostTX View Post
    You should at a minimum, put in the amount to get the maximum matching from the company. That's an instant 100% return on investment.
    My company matches 50% so it would be an instant 50% not 100%. lol I am currently paying the maximum they match.

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  • yellowstang
    replied
    Originally posted by GhostTX View Post
    You should at a minimum, put in the amount to get the maximum matching from the company. That's an instant 100% return on investment.
    Why is that?

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  • GhostTX
    replied
    Originally posted by 347Mike View Post
    I am putting half of the maximum allowed at the moment. I was going to increase it but for whatever reason decided not to.
    You should at a minimum, put in the amount to get the maximum matching from the company. That's an instant 100% return on investment.

    Leave a comment:


  • 347Mike
    replied
    Originally posted by Broncojohnny View Post
    You should put the maximum $16 or $17K a year, whatever it is, in there. The tax advantage makes it a fantastic deal. Put it into an S&P 500 index fund, the vast majority of funds can't beat an S&P 500 index fund over a 10 year timeframe.
    I am putting half of the maximum allowed at the moment. I was going to increase it but for whatever reason decided not to.

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  • Broncojohnny
    replied
    Originally posted by 347Mike View Post
    I don't put a whole lot in my 401k but I do have a decent percentage.

    On a side note, UNIS is looking great today! up 7% ont he day and 17% on the week! If I can get one more day of similar gains I will be happy this weekend...
    You should put the maximum $16 or $17K a year, whatever it is, in there. The tax advantage makes it a fantastic deal. Put it into an S&P 500 index fund, the vast majority of funds can't beat an S&P 500 index fund over a 10 year timeframe.

    Leave a comment:


  • YALE
    replied
    I'm a nut for paying down any debt (mortgage/car, etc.) and reamoritizing the loan if I've got a good interest rate, or refinancing it altogether if a better one's available. You can keep making the same payment and really shave some principal off the loan that way.

    Leave a comment:


  • 347Mike
    replied
    I don't put a whole lot in my 401k but I do have a decent percentage.

    On a side note, UNIS is looking great today! up 7% ont he day and 17% on the week! If I can get one more day of similar gains I will be happy this weekend...

    Leave a comment:


  • Broncojohnny
    replied
    Originally posted by 3.90x3.62 View Post
    Increase % of $ deducted from check to go into 401K
    Some people max that thing out!

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  • LS1Goat
    replied
    Increase % of $ deducted from check to go into 401K

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  • GhostTX
    replied
    I'm too lazy to figure stocks out, so I invest in mutual funds to let someone else figure that out.

    Leave a comment:

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