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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    1. ⓘ Dogs don't have thumbs‏ @MorlockP 9 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted Chronicles of Nate ™️

      Uh, what? Your growth in 401ks isn't taxed at all. Disbursements 40 years later are. This is an INSANELY good deal if you rebalance your funds at all (and you should). It allows principle to compound tax free. If you want to invest outside a 401k...go ahead.https://twitter.com/ChroniclesNate/status/1151293948268294145 …

      ⓘ Dogs don't have thumbs added,

      Chronicles of Nate ™️ @ChroniclesNate
      Been crazy busy most of the day but scrolling through I’ve seen a lot of hate for 401K today Rightly so when you fully investigate When you contribute to your 401K you are basically an investor but your growth is taxed at ordinary income not capital gains Might be a thread 👇
      Show this thread
      14 replies 4 retweets 28 likes
      Show this thread
    2. ⓘ Dogs don't have thumbs‏ @MorlockP 9 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted Chronicles of Nate ™️

      2/ Have you run a spreadsheet on that? I have, and the math strongly STRONGLY suggests that paying the tax later is the much smarter option.https://twitter.com/ChroniclesNate/status/1181897885874556928?s=19 …

      ⓘ Dogs don't have thumbs added,

      Chronicles of Nate ™️ @ChroniclesNate
      Replying to @MorlockP
      I’d rather pay taxes on the seed not the harvest
      6 replies 0 retweets 21 likes
      Show this thread
      ⓘ Dogs don't have thumbs‏ @MorlockP 9 Oct 2019

      ⓘ Dogs don't have thumbs Retweeted Ayesha Selden, CFP®

      3/ Finance maven has tagged into the "but 401ks suck!!!" thread and is beating up the e-book grifters with hard data. It's glorious.https://twitter.com/AyeshaSelden/status/1182097530399662080?s=19 …

      ⓘ Dogs don't have thumbs added,

      Ayesha Selden, CFP®Verified account @AyeshaSelden
      Replying to @AyeshaSelden @roncaruthers and 3 others
      Would love to see it. In the meantime, the April 2019 Newsletter on the TSP website highlights ALL of the expenses charged (admin AND to the investment manager). If you had 100% of your money in the most expensive fund available, it would’ve cost the participant .073% lol.
      6:00 PM - 9 Oct 2019
      • 3 Likes
      • JMo Null Set
      0 replies 0 retweets 3 likes

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