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  1. When did you/do you plan to take SS?

    Amen!

  2. When did you/do you plan to take SS?

    Most financial advisors do not fully understand ROTH strategies and their clients and their families pay dearly. If traditional IRA is less than $1 million, future RMDs won’t hurt as much. If over a million, that is another story. Those folks will be taking large RMDs when they are too old to...

  3. When did you/do you plan to take SS?

    Probate will catch this.

  4. When did you/do you plan to take SS?

    If you have significant investments let’s say over a million, I believe it is wiser to tap social security at 65 and use those dollars to live on while you let your assets grow. This is especially true after two years of large increases. You can also use SS to pay the tax on distributions from...

  5. When did you/do you plan to take SS?

    If you have over $1 million in taxable IRAs etc, then you should talk to your advisor about transferring at least half to a ROTH IRA over the next 3 years. Yes, you pay federal tax, maybe a bit of state and may be subject to the Medicare penalty, but you will never be subject to RMDs and...

  6. Real estate going crazy.

    It is already brutal for young families with one income and even two incomes for some. Inflation coupled with housing demand is a killer right now and for years to come. November can’t come soon enough.

  7. Real estate going crazy.

    Wrong.

  8. Real estate going crazy.

    You are so very wrong.

  9. Real estate going crazy.

    You are correct. Demand will dictate price for years. We are 3.5 million homes short.

  10. Real estate going crazy.

    No way. Appreciation alone is still the driver to own versus rent. The standard deduction covers the lost deductions for 80%+ of homebuyers.

  11. Real estate going crazy.

    It’s really simple. Demand far exceeds supply and new construction material and labor cost is very expensive. Home prices will move up another 7% or so in 2022 even with a 4% mortgage rate (this rate is still very low from historical perspective). Many people will be relegated to renting for...

  12. Odds of me seeing my 401k

    Your Dad's advice on the ROTH IRA was brilliant. Each year, move as much money into the ROTH as you can considering you will be taxed on the contributions. Trust me, you will never regret it. I'm over 59.5 now and use my ROTH as essentially a checking account to buy nice things such as a...

  13. I have 10.000 to invest

    Happy for each and every person here that did the research, considered the risks and made the purchase. Microvision is still speculative and could drop significantly in value. I hold 20,000 shares tonight with well over $3 million in gains over the last 11 months. A year ago today, the stock...

  14. I have 10.000 to invest

    Microvision has pulled back some to $14ish and is ready to run this month in my view. Read "my opinion and I'm not a financial advisor". Do your own diligence and consider for the ride to the finale...sale of all or part of the company. Check out the reddit site for MVIS for all the details...

  15. I have 10.000 to invest

    Only fools use stop losses as the market maker know these levels and run the price down to steal your shares and then let the stock price rise. You must have the discipline to watch significant investments all day every day from about 7AM until 8PM. Have your "stop loss" in mind with the...

  16. I have 10.000 to invest

    You never exit the market when liquidity is so prevalent. Stay in the market or sit on the sidelines and watch it continue to rise.

  17. I have 10.000 to invest

    That is the easy part. The tough part is finding winners. By the way, you are wrong about the millionaire definition.

  18. I have 10.000 to invest

    I hope you are still in this for the continued ride up. Closed up over $17 yesterday recovering from the ride down to near $10. That ride down was a blessing as it allowed me to once again reload my position. Now I’ve booked gains over $3 million. Exceeded all personal financial targets and...

  19. I have 10.000 to invest

    If they were to do an IPO today, the price would be close to $50 in my view. They likely won't get this much for the company in a sale, but it will be one hell of a lot higher than $10. This stock has created a lot of millionaires in the last 4 months (took me a bit longer, but I'm patient)...

  20. I have 10.000 to invest

    Microvision closed at $10.33 on Feb 4. May double from here. Did anyone join me or were my posts a waste of time? Do your own due diligence before investing but this was your wakeup call for those that can manage risk.
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