Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 12 of 119
Quote:If you like the moves of chess without the history and memorization, you should try Vendetta Chess. Can play 2, 3, or 4 players, or 2 players each playing 2 sides. There is no Game End with Checkmate, a player's set of pieces is captured only if and when the King is captured - many times a Checkmate does not result in King Capture. Rooks, Bishops and Queens can travel twice the distance, and the resulting angles are amazing.
Originally posted by Oonjerah:
I can play chess like an idiot-not-savant.
All I know is how the pieces move. Strategy never enters my head.
But I love this movie:
Searching for Bobby Fischer (1993)
Joe Mantegna, Ben Kingsley
... oooOO}{OOooo ...
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I thought I was good at chess until I played on Yahoo Games.
I'm not good at chess.
Do Right, Be Right. :)
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Dow closed at 24,272 today. A gain of another 1.5% almost, in one day. Almost 3% of new territory within 3 days.
An increase of 4,540 since taking office. Which is 23%, or 26.8% APR.
An increase of 5,940 since Election Day. Which is 32.4%, or over 30.5% APR.
Plus, 21% gain since crossing above 20K, when Jump Out JO said to Jump Out.
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I think I see a bead uv swet on your brow, JSF!
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DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com
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Quote:why? My funds are tax sheltered, which means my gains are 150% of what the market accomplishes.
Originally posted by JO753:
I think I see a bead uv swet on your brow, JSF!
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So....
If the market accomplishez a 90% drop, you owe 35% uv wutever it wuz befor?
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DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com
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Not sure what you're getting at there JSF. Nobody is going to tell me that they've got a winning system in the market. I believe that as much as I believe people who say the same thing with slot machines.
I've got a 401k next year that the company will match 100% of the first 6% of pay. That will be 100% gains just putting the money in there, on top of avoiding 10% tax penalty on anything that goes in as well. I figure between that and an HSA I should shelter most of my income from the lowest tax bracket tax next year. It's all going into safe funds though. I'm getting too old to gamble, and my money is a lot harder earned that it was when I won a lot on the market.
Tax breaks and company matches are the only sure things in the market. Anybody else telling you otherwise is selling you snake oil.
Do Right, Be Right. :)
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Quote:No. When the market has dropped more than 10%, I have made money, far more than when it gains in new territory. That's what happens when you use your noggin for more than a hatrack.
Originally posted by JO753:
So....
If the market accomplishez a 90% drop, you owe 35% uv wutever it wuz befor?
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Quote:Your State and Federal Income Tax totals only 10%?
Originally posted by 6IXSTRINGJACK:
Not sure what you're getting at there JSF. Nobody is going to tell me that they've got a winning system in the market. I believe that as much as I believe people who say the same thing with slot machines.
I've got a 401k next year that the company will match 100% of the first 6% of pay. That will be 100% gains just putting the money in there, on top of avoiding 10% tax penalty on anything that goes in as well. I figure between that and an HSA I should shelter most of my income from the lowest tax bracket tax next year. It's all going into safe funds though. I'm getting too old to gamble, and my money is a lot harder earned that it was when I won a lot on the market.
Tax breaks and company matches are the only sure things in the market. Anybody else telling you otherwise is selling you snake oil.
Do Right, Be Right. :)
You should try to verify that one of the funds available to you tracks with Government Bond Funds, essentially U.S. Treasury notes. That fund will be unable to lose value while the market collapses.
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Quote:
Originally posted by JEWELSTAITEFAN:
Your State and Federal Income Tax totals only 10%?
You should try to verify that one of the funds available to you tracks with Government Bond Funds, essentially U.S. Treasury notes. That fund will be unable to lose value while the market collapses.
Nah... I'm just saying that there will only be about $4,000 that even gets hit with the FED taxes after the standard deduction and personal exemption. That doesn't include the royal screwing we all get on every dime for Social Security, and the state and local taxes of around 5% after the first $1,000.
I'm making a little more at this job which kind of sucks. It's not enough that it's going to make my life any better. It will be enough to disqualify me for being able to apply for any food stamps/energy assistance/cheap internet, it might take me off of the state insurance, or it will at least raise the monthly payment quite a bit, and I'm going to get hit with a lot more taxes that aren't made up at all by the EIC that a single guy gets.
In theory, it sounds nice that I'm making 3 bucks more an hour than I did at my last job. In practice, I'm not actually going to be any better off than I was at near-minimum wage unless I can get a promotion or at least full time work.
I'm not going to bitch too much though. With no mortgage and car payment, I was able to live on about $4,000-$4,500 this year, including my property tax payment. Whatever's left after the government takes their cut will be going this year to a new car that I'm not looking forward to have to pay for.
Do Right, Be Right. :)
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