Nice job of cherry picking a bad year...most years it makes a lot more

Jan 24, 2019
4:35:00pm

byuguns55 All-American

Sense to lower your tax liability and invest your money. But don’t let me stand in anyone’s way with good advice...keep on getting that big ol check at the end of the tax year

Report problem with this ad

byuguns55

Bio page: byuguns55
Joined: Oct 24, 2009
Last login: Jun 12, 2023
Total posts: 27,958 (1,287 FO)

Report problem with this ad

Messages

Author

Time

Before we get too far into tax season, and before people start pounding their

garyfan

1/23/19 9:01am

This guy gets it.

WhirleyPop

1/23/19 9:04am

You're right. But obviously that isn't the point. It's a matter of principle.

supertux

1/23/19 9:05am

I understand that some/many view it that way, but I think it's rather silly.

ThetaSigma

1/23/19 9:42am

Cool

supertux

1/23/19 9:50am

Principal

MaxxPower

1/23/19 4:14pm

Thank you. This needed to be said.

2FarGone

1/23/19 9:15am

I just want to know where you're getting a 1% return on a savings account.

Gorgias

1/23/19 9:32am

I get 1.75% from Discover

scootsy

1/23/19 9:33am

They are advertising 2.1% right now.

scootsy

1/23/19 9:35am

2.2% at Ally

Mr. Belding

1/23/19 9:36am

Marcus by Goldman Sachs is at 2.25% now.

dYrtbYkerYder

1/23/19 11:02am

Vanguard Prime Money Market Portfolio is at 2.47%

Acorn

1/23/19 3:35pm

Any online bank.

molodyets

1/23/19 9:45am

Gotcha. This is the problem. When we moved after grad school

Gorgias

1/23/19 9:55am

You’re allowed to use more than one bank.

Cougar Rage

1/23/19 1:36pm

Also CIT bank is 2.4%.

Cougar Rage

1/23/19 1:44pm

I'm in the opposite crowd from the chest pounders

Twin Roots

1/23/19 9:34am

If you think you’ll change your mind about saving a certain amount per paycheck

Cashmeousside

1/23/19 9:42am

Agree, if you want to get a large refund as sort of forced savings?

TeeKaa

1/23/19 9:37am

To me, the benefit is more the fact the government can't take anything out via

Little Britches

1/23/19 11:51am

I hate the psychology of it

thebell

1/23/19 12:23pm

I'm writing a check for $13,000 in taxes and getting a free vacation out of it

GenkiLawyer

1/23/19 1:40pm

People that are close are doing a much better job than I am.

Acorn

1/23/19 3:43pm

You forgot one important possibility...those investing

byuguns55

1/24/19 5:55am

Yes, those people probably lost more money than anyone last year.

dYrtbYkerYder

1/24/19 6:27am

Nice job of cherry picking a bad year...most years it makes a lot more

byuguns55

1/24/19 4:35pm

"Because I have my withholdings dialed in to avoid giving the feds an

garyfan

1/24/19 5:53pm

$6 a month? Your tax liability must be much different than mine

byuguns55

1/25/19 1:51am

The incremental monthly investment is all that is relevant. Please see OP.

garyfan

1/25/19 6:39am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad