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Number of Posts:112
Registered on:3/5/2008
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re: savings account vs roth IRA

Posted by Southbound on 4/12/09 at 1:10 pm
What is taxed when you withdraw from the roth ira upon retirement and at what rate?...

savings account vs roth IRA

Posted by Southbound on 4/9/09 at 8:00 pm
Can someone explain to me what the benefits of a roth IRA would be over an online savings account (if the savings acct rate was about 80 basis points higher than ira)? I was not sure how much of a tax benefits the IRA provided and was under the impression that withdrawing before a certain point woul...

re: RENTING =/= THROWING MONEY AWAY!

Posted by Southbound on 2/2/09 at 10:08 pm
[quote]Lakeview is as safe a neighborhood as you can get, for whatever that is worth.[/quote] Really not THAT safe. Check out the NOPD crime map. Other than Spanish Fort/bird streets, I would not feel too comfortable living anywhere else in Lakeview. The crime is obviously not even comparable to ...
This thread or the one in question. Yes, I know everything in there has been mentioned on the site over and over, but for some reason I felt more alarmed reading that one than usual, maybe I just had a bad day....
If so, does it scare the hell out of you as much as it did me? I am seriously considering having my family read that thread and get them to diversify their assets accordingly and stock up on survival gear....

re: Ticker forum posts

Posted by Southbound on 10/9/08 at 1:13 pm
I agree that they have nailed this over the past year, I just get very concerned when these same people appear to be truly discussing assembling compounds, their firearms collections, and their farming abilities....

Ticker forum posts

Posted by Southbound on 10/8/08 at 11:07 pm
Does anyone here have the same sentiment as the majority of people posting on ticker forum?Honestly, every time I read that site, I get so worried that I cannot concentrate on day to day activities. Is the doom and gloom they are all predicting as imminent as they claim?...

re: SDS?

Posted by Southbound on 10/6/08 at 10:23 pm
I ended up putting the 3500 into it on Fri morning. Should get out with my gain due to the counter party risks?...
My dad didn't listen to me 3 weeks ago when I told him to move his 401k to a mma, and continued to ignore me up until last Friday. Today he said he wanted out, but it was after 3pm. Would this be the right move at the point?...

re: SDS?

Posted by Southbound on 10/3/08 at 12:50 am
I have noticed it has been off this week as well as the long etfs (spy, dia) why is this?...
SPY is an ETF that tracks it, as is IVV from ishares. I am sure there are others. I know these two track it closely, but not exactly the same. Someone more knowledgeable may be able to explain why....

SDS?

Posted by Southbound on 10/2/08 at 6:09 pm
Would it be stupid for me to put about $3500 into SDS on Monday (assuming a slight bounce tomorrow)? Or would I be better off in some sort of gold ETF or something not leveraged....

when to invest

Posted by Southbound on 9/29/08 at 8:55 pm
I know it is impossible to predict a bottom, but at what point would it be best to start investing. I have about 3500 that I would like to invest and another 6000 I plan on keeping in a 3% apy savings. I only want to invest in DIA or SPY at this point, but is this the level (>10,500) to start or sho...

re: 401k Question

Posted by Southbound on 9/24/08 at 7:03 pm
Pretty much 50/50 between two mutual funds. I have very few options....

re: Beer

Posted by Southbound on 9/24/08 at 6:56 pm
It's nice because it is usually the same price as macro domestics on draft. I have never bought it in bottles, but I don't think I would go out of my way for it. Nothing spectacular by any means....

401k Question

Posted by Southbound on 9/24/08 at 5:59 pm
Is now a good time to move all of my 401k into a money market account. I have seen a 11% loss in the past year for the mutual funds I am currently invested in and I was wondering if I need to get out now and if so for how long. Just trying to get different peoples' opinions. (I am 50)...
AJ's? I am very surprised to see that. I have eaten there twice and found the food to be mediocre at best and very overpriced....

re: Best food at Abita Brew Pub?

Posted by Southbound on 7/25/08 at 7:59 pm
Are they opened again for tours. I know they were closed in early spring for renovations....

re: 228% return in 3 months

Posted by Southbound on 4/23/08 at 1:59 am
He does know a lot about the grain markets; however, the huge returns are due to the fact that he got lucky in in his corn and soybean futures contracts early in the semester. The prices for these commodities were clearly going up but I don't think he realized how much so. Also, he traded a lot dur...