Investing

[ssigman]

Originally Posted by ssigmanstinks

80k would put you in the 28% bracket

now you know i don't make that much money

[ssigman]

Originally Posted by ssigmanstinks

80k would put you in the 28% bracket, and good info there much easier to read than my nonsense.

Why not just say to hell with the IRA if you have an available 401k with match, there is no better investment option for retirement. Also, you say they match to a certain dollar value. Is that capped? or do they match a percentage of each dollar you invest to a certain percent of your income.

Keep in mind the limits placed on the tax implications for the IRA if you also participate in a company retirement plan along side with that posted above.

1. i have a 401k from my old job that i'm going to have to move at some point and i'm looking into my options....i read somewhere that moving the money into an ira was better than rolling it into another 401k...

2. the match is capped at a certain dollar amount as long as you reach that number...example using low numbers...if the cap is 500 bucks and you put in that much at least..you get it all...if you put 250 in, you only get the 250..duh simple

3. the money i'm moving has no bearing on my tax implications as its all pre-taxed money just being moved..as long as i go about doing it the way i said and not having it show up as ordinary income..it would be future deposits that i'd have to look into..but if i got a roth it shouldn't matter since its post tax money

[BtownBeers]

I rolled a 401K into a Fidelity Rollover IRA when my company moved...no penalties no nothing...the money just changed hands and was put into a balanced fund where I can play with it as needed and can continue to add to it if I want...easy as pie.

[ssigmanstinks]

If I'm reading into that right you get a dollar for dollar company match??? if that's the case, roll what you have over however you see fit, but put any and all future investments into the 401k you will never do better than a 100% increase on initial investment.

[ssigmanstinks]

the key I've read on a rollover is to not take the money and then place it into an account yourself, find a fund that will directly rollover the funds between them and the current fund or tax implications and penalties (approx 30-40% of investment value) apply.

[ssigman]

Originally Posted by BtownBeers

I rolled a 401K into a Fidelity Rollover IRA when my company moved...no penalties no nothing...the money just changed hands and was put into a balanced fund where I can play with it as needed and can continue to add to it if I want...easy as pie.

yea and now if you want you can move that money into a roth ira without penalty as well...i'm not positive but i think it is considered ordinary income and you'll get a tax hit in the year you move the money but then you'll be able to take out the money at any point(after the roth is opened for 5 years) without penalty and without being taxed

[ssigman]

Originally Posted by ssigmanstinks

If I'm reading into that right you get a dollar for dollar company match??? if that's the case, roll what you have over however you see fit, but put any and all future investments into the 401k you will never do better than a 100% increase on initial investment.

yes..its a dollar for dollar match...the new 401k is already taken care of...that comes out of the paycheck automatically...i'm not worried about that...i will have enough to get the full amount of match so that's cool..but i kinda like the idea of having money in the roth so that if something happens...injury or home purchase..i can take it out without being penalized alot for it

[ssigmanstinks]

that sounds right from what I read ssigs.

[ssigmanstinks]

Disclaimer: I know I'm going to come off sounding like a stock retard on here, but I want to pass on a "tip" a co-worker gave to me that after watching it for a year or so seems pretty damned valid.

Check this out yourself and pick any stock, I've been using my companies (Siemens = SI) to track the trends and it works out so far.

Go to Bigcharts.com

Enter in the ticker symbol of the stock you want to track and click interactive charts

once in the interactive chart change the "upper indicators" 2nd box down to parabolic SAR; (leave none, 9, before it, and events after it)

then change the top lower indicator drop down box from MACD to "slow stochastic" (which is a relation of the price to it's recent range I think)

Now, if you look at the slow stochastic trend and click within the chart it will sync the stochastic trend with the price. I've been told that when the upper and lower indicator lines meet below 20, it's time to buy, when they meet at or above 80 it's time to sell.

From the stocks I've tracked using this technique it seems that you could assume 100% or more gains on a given stock if you caught each 20/80 buy/sell point during a year.

Let me know if you find any stocks this doesn't work with, going back to september, there were 5 different buy/sell trends that would have resulted in a 40 dollar profit on a 120 dollar stock if you caught every SI buy/sell trend.

[ssigmanstinks]

double post, my bad.