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CajunFlame wrote:Just the 401k that was started at the height of the crash in '08. It has been good to me so far.I would say you are doing quite well!
jbock13 wrote:For me, I do mutual funds. Oil companies are always good investments. I do pretty well. Average around a 12% return all things being equal.
logic wrote:It depends on your age. I have a riskier profile now then I will have in 10 years. I have enough time to make up any 'losses". When I'm in my mid-late 50's it will get a little more conservative and continue to do sojbock13 wrote:For me, I do mutual funds. Oil companies are always good investments. I do pretty well. Average around a 12% return all things being equal.
Do you look for healthy dividends or long term appreciation? Both? If you had to choose one or the other, which would you prefer? Highest overall gain?
jmdickens wrote:I hope you are asking a general question and not taking advice from us. I invest in foreign stocks, mostly energy and agriculture. My reasoning is that the US market is so volatile. Foreign nations are creating wealth and it will be much more evident when we finally do hit the big crash. I think for me it helps curtail tail risks from the US markets.Foreign Markets!?!? You are part of the 1% which is now the 2%. You are evil and don't pay your Patriotic fair share!
I would talk with someone who knows much more about investing if you are looking to invest.
Purple Haize wrote:hahah. I am not part of the 1%. However, I do like to poke fun at anyone who starts talking about people not paying their "fair share". If God allows me to fall into that 1-2% I will be effectively paying 50% of what I earn in taxes. I would be paying way more than my "fair share"!!!jmdickens wrote:I hope you are asking a general question and not taking advice from us. I invest in foreign stocks, mostly energy and agriculture. My reasoning is that the US market is so volatile. Foreign nations are creating wealth and it will be much more evident when we finally do hit the big crash. I think for me it helps curtail tail risks from the US markets.Foreign Markets!?!? You are part of the 1% which is now the 2%. You are evil and don't pay your Patriotic fair share!
I would talk with someone who knows much more about investing if you are looking to invest.
jmdickens wrote: hahah. I am not part of the 1%. However, I do like to poke fun at anyone who starts talking about people not paying their "fair share". If God allows me to fall into that 1-2% I will be effectively paying 50% of what I earn in taxes. I would be paying way more than my "fair share"!!!Everytime I have posed that question to a more liberal minded person. To define "fair share" this is the point I bring up. What is "fair?" The only thing fair would either be, for everyone to pay the same exact dollar amount of taxes. Or for everyone to pay the exact same % tax rate. Of course, they wouldn't feel this would be "fair." Evidently for them "fair" is a steep, sliding scale.
jmdickens wrote:Who in the US pays 50% effective tax rate?Purple Haize wrote:I will be effectively paying 50% of what I earn in taxes. I would be paying way more than my "fair share"!!!jmdickens wrote:I hope you are asking a general question and not taking advice from us. I invest in foreign stocks, mostly energy and agriculture. My reasoning is that the US market is so volatile. Foreign nations are creating wealth and it will be much more evident when we finally do hit the big crash. I think for me it helps curtail tail risks from the US markets.Foreign Markets!?!? You are part of the 1% which is now the 2%. You are evil and don't pay your Patriotic fair share!
I would talk with someone who knows much more about investing if you are looking to invest.
jmdickens wrote:I hope you are asking a general question and not taking advice from us. I invest in foreign stocks, mostly energy and agriculture. My reasoning is that the US market is so volatile. Foreign nations are creating wealth and it will be much more evident when we finally do hit the big crash. I think for me it helps curtail tail risks from the US markets.You have to feel comfortable about the markets you invest in, but the very nature of a tail risk event is that it is a low probability event that you seem to put a high significance on. Have you considered financial products that would manage this risk – say out-of-the money (long expiry) long calls on inverse ETF funds like the TZA (or FAZ or SDS)? They are really cheap, and if the markets crash like you believe, the payoff will more than cover your US portfolio losses. There are other derivative products that make for cheap risk management. Consider this, the world markets are highly correlated right now, so if the US crashes the rest will likely follow. Energy markets will be toast.
I would talk with someone who knows much more about investing if you are looking to invest.
jmdickens wrote:I hope you are asking a general question and not taking advice from us. I invest in foreign stocks, mostly energy and agriculture. My reasoning is that the US market is so volatile. Foreign nations are creating wealth and it will be much more evident when we finally do hit the big crash. I think for me it helps curtail tail risks from the US markets.
I would talk with someone who knows much more about investing if you are looking to invest.
From the class of 09 wrote:Who in the US pays 50% effective tax rate?It's not possible, at least considering Federal taxes alone. However, if you include taxes at all levels of government (federal, state and local) on wages and personal property, then I'm sure you have a few people that have reached that threshold. Of course it all depends on where you live too... I'm sure most of those individuals live in states like CA and NY.
Humble_Opinion wrote:Yes, on the conservative side, I include all taxes. Here is an LC Professor....showing 3 states that are flirting with the idea. NY already is above 50%, Hawaii is above 50% and California is close if prop 30 passes will join those two states.From the class of 09 wrote:Who in the US pays 50% effective tax rate?It's not possible, at least considering Federal taxes alone. However, if you include taxes at all levels of government (federal, state and local) on wages and personal property, then I'm sure you have a few people that have reached that threshold. Of course it all depends on where you live too... I'm sure most of those individuals live in states like CA and NY.
logic wrote:Long term capital growth. I'm 21 so I'm not worried about the short term. Since i identify myself I won't say exactly how much I have invested but I look at the long term. If I were older I would focus on dividends. I look for good investments that snowball quickly, although I tend to stay away from very risky investments. I have some medium risk, and a low risk fund that still gets me around 10% just in case the bottom drops out.jbock13 wrote:For me, I do mutual funds. Oil companies are always good investments. I do pretty well. Average around a 12% return all things being equal.
Do you look for healthy dividends or long term appreciation? Both? If you had to choose one or the other, which would you prefer? Highest overall gain?
Purple Haize wrote:Et Tu Jbock. Sheltering your money in off shore accounts sticking it to the middle class? Is that what the Founding Fathers would have wanted? ShameIt's not an off shore account. I pay taxes on it. It's just offshore investments.
jbock13 wrote:Typical Republican. Don't you want our country to succeed? Hiding your money off shore and making money on it isn't helping our Country. What about all those who can't afford to save? If you invested in American Companies who only do business in America we wouldn't have the unemployment problem we inherited from Bush. I mean look at Google.......Purple Haize wrote:Et Tu Jbock. Sheltering your money in off shore accounts sticking it to the middle class? Is that what the Founding Fathers would have wanted? ShameIt's not an off shore account. I pay taxes on it. It's just offshore investments.
jmdickens wrote:No one pays an effective tax rate of over 50% in the US. Effective is equal to net. Marginal tax rate is talking about tax brackets. There can easily be a 20% difference between marginal rates and effective tax rates. If you're the 1% you have a very good team of lawyers, CPA's and financial planners to assure that is the case for you.Humble_Opinion wrote:Yes, on the conservative side, I include all taxes. Here is an LC Professor....showing 3 states that are flirting with the idea. NY already is above 50%, Hawaii is above 50% and California is close if prop 30 passes will join those two states.From the class of 09 wrote:Who in the US pays 50% effective tax rate?It's not possible, at least considering Federal taxes alone. However, if you include taxes at all levels of government (federal, state and local) on wages and personal property, then I'm sure you have a few people that have reached that threshold. Of course it all depends on where you live too... I'm sure most of those individuals live in states like CA and NY.
- By Dalegarz1