Be aware that when you retire you can convert, not the same as a roll over, your TSP into a brokerage Roth IRA. You will have to pay taxes on the amount converted (taxes have not been paid on that money yet) but everything earned in the future with the Roth including the initial balance is yours tax free. I did this and have made multiples of the taxes I paid upon conversion. A Roth brokerage account offers endless investing opportunities that you can control with an on-line broker. TSP investment choices are quite limited.
You can also roll over to a regular IRA but the money remains untaxed and taxes will be due on all future withdrawals. Unlike a regular IRA the Roth has no minimum distribution requirements when you hit a certain age. Reason is that IRS has already got all they're going to get from it as it was taxed money when put into the account.
Think twice about an annuity from your TSP, or any retirement account, while interest rates are low. You will be locked into them. Annuities work in your favor with higher rates that are soon to be falling.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
@cohodk said: Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
Nobody wants to answer this?
I'm sure Monsanto has beat you to it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@cohodk said: Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
Nobody wants to answer this?
This is easy....and we have already developed it and it has been a way of life for decades now.
It is called the automobile!
Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
@tneig said:
Everything still here? Haven't seen any news about this, but I didn't know to look.
Its all juggling anyway. Its not real money at the federal government level. More of
keeping the economy moving and keeping the faith in the dollar up.
On the local front, a debt ceiling never stopped my wife. I just can't print more.
can I change wife to kids?
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
_Did you not create debt to acquire your car, your house, maybe an education for a child?
The world would be a pretty boring place without risk. No house for you because bank doesn't want to risk. The builder would never build without assuming risk he could sell at a profit and pay his employees._
A crony-run, privately-owned fractional reserve fiat banking cartel tied to a crony run, massive and out of control government is the problem, not individual borrowers or builders who are willing to take risks.
Q: Are You Printing Money? Bernanke: Not Literally
@cohodk said: Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
Nobody wants to answer this?
I'm sure Monsanto has beat you to it.
It is called the salt shaker. It is called carbonated soft drinks. Drive thru junk food places and 800 calorie per serving coffee shops.
The convenience of dreck food has revolutionized our lives. Since Monday of this week, four different neighbors have been hospitalized. One case was legit, the other three have no idea (or don't care) about taking care of themselves.
@cohodk said: Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
Nobody wants to answer this?
This is easy....and we have already developed it and it has been a way of life for decades now.
It is called the automobile!
Whoohoo Mariner67!!
This question may seem to be off topic for most, but if you really think about it, you'll understand how it fits right in.
@cohodk said: Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
Nobody wants to answer this?
This is easy....and we have already developed it and it has been a way of life for decades now.
It is called the automobile!
Whoohoo Mariner67!!
This question may seem to be off topic for most, but if you really think about it, you'll understand how it fits right in.
.....and if you examine the parts of the world where the number of deaths is exceptionally high, you will question Cohodk's glee.
@cohodk said: Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
Nobody wants to answer this?
This is easy....and we have already developed it and it has been a way of life for decades now.
It is called the automobile!
Whoohoo Mariner67!!
This question may seem to be off topic for most, but if you really think about it, you'll understand how it fits right in.
.....and if you examine the parts of the world where the number of deaths is exceptionally high, you will question Cohodk's glee.
I'm not "gleeing" over anything. Have you a problem?
@jmski52 said:
The Trumpcare bill has slowed down. Do I sense something grinding down?
I think this ultimatum is brilliant . Supposedly Trump told pass the bill or Obamacare stays. He can leave Obamacare in force and say I tried but congress wouldn't help and cross that promise off his list.
If the bill passes team blue will probably call it Putincare
"At 77 percent of gross domestic product (GDP),
federal debt held by the public is now at its highest level
since shortly after World War II. If current laws generally
remained unchanged, the Congressional Budget Office
projects, growing budget deficits would boost that debt
sharply over the next 30 years; it would reach 150 percent
of GDP in 2047. The prospect of such large and growing
debt poses substantial risks for the nation and presents
policymakers with significant challenges."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Well, Japan is currently at 250 percent of GDP and their economy and way of life hasn't been decimated. So why should we fear 150%? How many of us will still be alive in 30 years?
@cohodk said:
Well, Japan is currently at 250 percent of GDP and their economy and way of life hasn't been decimated. So why should we fear 150%?
Japan's economy has been in the dumps for decades. It was once a nation of savers.
How many of us will still be alive in 30 years?
Now you're sounding like those making the bad economic decisions that affect the rest of us.
Be sure to leave a note to your grand kids that you personally witnessed the demise of two economic powers, the US and Europe. Also let them know that it didn't concern you because you knew you would be dead when the results rolled in.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@cohodk said:
Well, Japan is currently at 250 percent of GDP and their economy and way of life hasn't been decimated. So why should we fear 150%?
Japan's economy has been in the dumps for decades. It was once a nation of savers.
How many of us will still be alive in 30 years?
Now you're sounding like those making the bad economic decisions that affect the rest of us.
Be sure to leave a note to your grand kids that you personally witnessed the demise of two economic powers, the US and Europe. Also let them know that it didn't concern you because you knew you would be dead when the results rolled in.
You sound like a fear monger. Why do I need to leave gold to my grandkids, can't I leave them some other asset, maybe one that actually produced something?
Do he people of Japan have a lower standard of living today than 25 years ago?
People make their own economic decisions, not the govt. Govt doesn't tell you where to live, the career you persue, tge car yiu drive, the "sin" activities in which you partake, the food you eat and where you buy it. I'm really getting sick of the blame the govt for my sorry ass predicament. What a bunch of whining, lack of responsibility sheep we have become.
You guys think everything revolves around gold and the dollar. So misguided you are.
@derryb said: > Be sure to leave a note to your grand kids that you personally witnessed the demise of two economic powers, the US and Europe. Also let them know that it didn't concern you because you knew you would be dead when the results rolled in.
"demise"??
"collapse"... "grind to a halt"
Hey, let's all celebrate over 10 years of not even agreeing what such words even mean, much less whether it is now happening
You guys think everything revolves around gold and the dollar. So misguided you are.
Not the case, but when it comes to gov.com, some of us have "trust issues". I would even go so far as to say that if you don't have them (gov.com trust issues), then you haven't been around enough to know when to be somewhat skeptical.*
same goes for big banks, only double.
Q: Are You Printing Money? Bernanke: Not Literally
Fear: Losing both engines over the Pacific.
Fearmongering: Advising passengers to pack their gold and silver in case of a dual engine failure over the Pacific.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@cohodk said:
Well, Japan is currently at 250 percent of GDP and their economy and way of life hasn't been decimated. So why should we fear 150%? How many of us will still be alive in 30 years?
Plenty of our kids and grandkids will. What the hell though, have a replacement knee on Uncle same and keep Aunt Tillie on life support until her 97th birthday.
"The result is no further economic “growth” or expansion of productive activities. The “action” has shifted to financial racketeering which, being wholly dishonest and non-productive, will only go on so long." - James Howard Kunstler
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@Baley said:
His last name sounds like a character in an adults-only parody of Dr. Suess
Haha......instead he just another struggling author trying to drum up business. The fearful are easily separated from their money in search of others who share the same fears.
The phrase "misery loves company" has been around for centuries, no reason to see that sentiment end now.
Liabilities still exceed assets at a growing rate. Just what is the cure for insolvency? lol.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Actually he said "after March 15." The wheels of government, even the disfunctional ones, turn slow. Just look at how long it took the last financial crisis to boil.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
LoL, ok, it took 13.7 billion years for the universe to expand to this point, maybe "after March 15th" will indeed be the start of "Everything " ... "Grinding to a Halt" and this may take another 50 or 100 billion or more years, or more.
Well, was saying that a good use of one of my last personal 20 million or so remaining minutes? Doubtful.
I wonder what the naysayers here were saying when they heard early warnings of the last financial crisis. The crisis was foreseen and warnings were issued but at the time it was just another conspiracy theory. What it turned out to be, for the those who paid attention, was the opportunity of a lifetime. Opportunity, once again, approaching.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I wonder what the naysayers here were saying when they heard early warnings of the last financial crisis. The crisis was foreseen and warnings were issued but at the time it was just another conspiracy theory. What it turned out to be, for the those who paid attention, was the opportunity of a lifetime. Opportunity, once again, approaching.
I was in this forum then. Why don't you browse my comments from 2008-2009.
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Buy and sold to Wondercoin,
Buy from: mbogoman, sol15g
and you thought the TSP was your money. lol
Be aware that when you retire you can convert, not the same as a roll over, your TSP into a brokerage Roth IRA. You will have to pay taxes on the amount converted (taxes have not been paid on that money yet) but everything earned in the future with the Roth including the initial balance is yours tax free. I did this and have made multiples of the taxes I paid upon conversion. A Roth brokerage account offers endless investing opportunities that you can control with an on-line broker. TSP investment choices are quite limited.
You can also roll over to a regular IRA but the money remains untaxed and taxes will be due on all future withdrawals. Unlike a regular IRA the Roth has no minimum distribution requirements when you hit a certain age. Reason is that IRS has already got all they're going to get from it as it was taxed money when put into the account.
Think twice about an annuity from your TSP, or any retirement account, while interest rates are low. You will be locked into them. Annuities work in your favor with higher rates that are soon to be falling.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Answer me this----if I could give you a technology that would revolutionize virtually every aspect of life, but it would kill over 1.3 million people every year, should we develop it?
Nobody wants to answer this?
Knowledge is the enemy of fear
I'm sure Monsanto has beat you to it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
This is easy....and we have already developed it and it has been a way of life for decades now.
It is called the automobile!
Double post...sorry
can I change wife to kids?
_Did you not create debt to acquire your car, your house, maybe an education for a child?
The world would be a pretty boring place without risk. No house for you because bank doesn't want to risk. The builder would never build without assuming risk he could sell at a profit and pay his employees._
A crony-run, privately-owned fractional reserve fiat banking cartel tied to a crony run, massive and out of control government is the problem, not individual borrowers or builders who are willing to take risks.
I knew it would happen.
It is called the salt shaker. It is called carbonated soft drinks. Drive thru junk food places and 800 calorie per serving coffee shops.
The convenience of dreck food has revolutionized our lives. Since Monday of this week, four different neighbors have been hospitalized. One case was legit, the other three have no idea (or don't care) about taking care of themselves.
Whoohoo Mariner67!!
This question may seem to be off topic for most, but if you really think about it, you'll understand how it fits right in.
Knowledge is the enemy of fear
.....and if you examine the parts of the world where the number of deaths is exceptionally high, you will question Cohodk's glee.
I'm not "gleeing" over anything. Have you a problem?
Knowledge is the enemy of fear
The Trumpcare bill has slowed down. Do I sense something grinding down?
I knew it would happen.
I think this ultimatum is brilliant . Supposedly Trump told pass the bill or Obamacare stays. He can leave Obamacare in force and say I tried but congress wouldn't help and cross that promise off his list.
If the bill passes team blue will probably call it Putincare
That bill seemed worse than Oba> @jmski52 said:
What's the difference between Trumpcare and Obamacare? It will cost those that voted for Trump more money. Lol
Knowledge is the enemy of fear
if I understand this correctly, I've got nothing to worry about.
At least nothing that Stockman says. Lol
Knowledge is the enemy of fear
Few will escape the economic debacle of syndicated medical care.
Congressional Budget Office report paints dreary picture
"At 77 percent of gross domestic product (GDP),
federal debt held by the public is now at its highest level
since shortly after World War II. If current laws generally
remained unchanged, the Congressional Budget Office
projects, growing budget deficits would boost that debt
sharply over the next 30 years; it would reach 150 percent
of GDP in 2047. The prospect of such large and growing
debt poses substantial risks for the nation and presents
policymakers with significant challenges."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Well, Japan is currently at 250 percent of GDP and their economy and way of life hasn't been decimated. So why should we fear 150%? How many of us will still be alive in 30 years?
Knowledge is the enemy of fear
Japan's economy has been in the dumps for decades. It was once a nation of savers.
Now you're sounding like those making the bad economic decisions that affect the rest of us.
Be sure to leave a note to your grand kids that you personally witnessed the demise of two economic powers, the US and Europe. Also let them know that it didn't concern you because you knew you would be dead when the results rolled in.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
You sound like a fear monger. Why do I need to leave gold to my grandkids, can't I leave them some other asset, maybe one that actually produced something?
Do he people of Japan have a lower standard of living today than 25 years ago?
People make their own economic decisions, not the govt. Govt doesn't tell you where to live, the career you persue, tge car yiu drive, the "sin" activities in which you partake, the food you eat and where you buy it. I'm really getting sick of the blame the govt for my sorry ass predicament. What a bunch of whining, lack of responsibility sheep we have become.
You guys think everything revolves around gold and the dollar. So misguided you are.
Knowledge is the enemy of fear
"demise"??
"collapse"... "grind to a halt"
Hey, let's all celebrate over 10 years of not even agreeing what such words even mean, much less whether it is now happening
Liberty: Parent of Science & Industry
You guys think everything revolves around gold and the dollar. So misguided you are.
Not the case, but when it comes to gov.com, some of us have "trust issues". I would even go so far as to say that if you don't have them (gov.com trust issues), then you haven't been around enough to know when to be somewhat skeptical.*
I knew it would happen.
No one ever said to trust the govt, but I think one should trust themselves rather than inanimate objects.
Knowledge is the enemy of fear
Buying gold is putting trust in your own judgment, which is not an inanimate object.
I knew it would happen.
They often say fear is rational.
You know I just don't like people limiting their options.
Knowledge is the enemy of fear
If I could have chosen a different field, it would still have involved work mandated to me.
I'm just having fun...as a slave.
Fear: Losing both engines over the Pacific.
Fearmongering: Advising passengers to pack their gold and silver in case of a dual engine failure over the Pacific.
Haha...I think I'll take the next flight.
Knowledge is the enemy of fear
I'll stick with risk assessment.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Plenty of our kids and grandkids will. What the hell though, have a replacement knee on Uncle same and keep Aunt Tillie on life support until her 97th birthday.
Hey Cohodk, do you go on the Pez collector forum and tell the members that the candy causes tooth decay?
Okay I've read all of Page 3 and it's starting to feel like old times.
"The result is no further economic “growth” or expansion of productive activities. The “action” has shifted to financial racketeering which, being wholly dishonest and non-productive, will only go on so long." - James Howard Kunstler
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
His last name sounds like a character in an adults-only parody of Dr. Suess
Liberty: Parent of Science & Industry
Haha......instead he just another struggling author trying to drum up business. The fearful are easily separated from their money in search of others who share the same fears.
The phrase "misery loves company" has been around for centuries, no reason to see that sentiment end now.
Knowledge is the enemy of fear
So what happened?
Liabilities still exceed assets at a growing rate. Just what is the cure for insolvency? lol.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Mebbe Stockman meant April 15(?)
;-)
Looks like Gold has based and moving up recently.
100% Positive BST transactions
Actually he said "after March 15." The wheels of government, even the disfunctional ones, turn slow. Just look at how long it took the last financial crisis to boil.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
LoL, ok, it took 13.7 billion years for the universe to expand to this point, maybe "after March 15th" will indeed be the start of "Everything " ... "Grinding to a Halt" and this may take another 50 or 100 billion or more years, or more.
Well, was saying that a good use of one of my last personal 20 million or so remaining minutes? Doubtful.
Liberty: Parent of Science & Industry
I wonder what the naysayers here were saying when they heard early warnings of the last financial crisis. The crisis was foreseen and warnings were issued but at the time it was just another conspiracy theory. What it turned out to be, for the those who paid attention, was the opportunity of a lifetime. Opportunity, once again, approaching.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The naysayers , as was their wont , was sayin "Nay" mostly
Yeah, the USA has > @derryb said:
I was in this forum then. Why don't you browse my comments from 2008-2009.
Knowledge is the enemy of fear
Ok sages, what is it exactly that's about to happen? Please be specific regarding what and when. Thanks!
Liberty: Parent of Science & Industry
Not saying Nay, quite the opposite, saying Yay! Bring on the big opportunity!
Liberty: Parent of Science & Industry
Hoping the brilliant minds that Called it before so well, can Call it once again...
Liberty: Parent of Science & Industry
Jamie Dimon: . "Something is wrong"
Dimon says............