communists is becoming unadulterated hate.
https://www.theburningplatform.com/...ull-this-fast-one-on-your-retirement-savings/
https://www.theburningplatform.com/...ull-this-fast-one-on-your-retirement-savings/
My dislike for these lousy democrat.........
- Thread starter deadduckdawg
- Start date
I have a modest SEP IRA that I set up before I sold my LLC to my S Corp to avoid self employment tax. I pay myself the SS max every year for future benefits.
Every other investment I have is in the private market. I am running high risk for my age and I will not move much into government regulated IRAs and 401s. I just dont trust the bastards. The day after we elect a socialist it all goes into buried jars, bullets and beans.
The last thing I would consider is precious metal certificates. Seriously? "I invest in gold IOU's"! Good luck collecting after the EMP. Better luck eating gold.
IIRC, you can roll the SEP into your regular IRA at no cost, just to simplify things. I did it 20 years ago when I could no longer contribute to the SEP due to no earned income, or maybe it was due to no more corporation. If the pinkos snag your IRA, they'll snag your SEP, too. I wish I had paid myself the SS max. My wife did because all her earnings were W-2, so she gets twice what I do. If JBD chimes in here and calls me a welfare whore, I swear I'll post my poem again.
Don’t worry...I’m working extra, here, on Saturday to help fund the system for America’s retirees! Keeping the trough full for others, since over 80% of em have taken out more than they ever put in!! Y’all deserve it. Y’all worked hard, and need the rest. Heck, I pay for other people’s Kids’ college, too.
I love good poetry, FWIW
OK, that does it.
The morning has broken
The Fourth Wednesday come
It’s time for the workers
To care for a bum
A whore, some Bordeaux
A big bag of grass
So nice are the choices
As I sit on my ass
I owe all of this
To my friend JBD
He is magnanimous
As he takes care of me
Caviar, Cognac
Fattened liver of goose
If it were more costly
I’d eat me a moose
Lobster Beignets
Or done Thermidor
But my thoughts keep going
Back to that whore
I am so happy
Nothing but time
Thumb up my ass
On the government dime
Prime rib and tenderloin
Don’t feed me no chuck
Happy as a clam
And don’t give a f***
A welfare recipient?
I don’t give a shit
Life is so good
On the government tit
OK, that does it.
The morning has broken
The Fourth Wednesday come
It’s time for the workers
To care for a bum
A whore, some Bordeaux
A big bag of grass
So nice are the choices
As I sit on my ass
I owe all of this
To my friend JBD
He is magnanimous
As he takes care of me
Caviar, Cognac
Fattened liver of goose
If it were more costly
I’d eat me a moose
Lobster Beignets
Or done Thermidor
But my thoughts keep going
Back to that whore
I am so happy
Nothing but time
Thumb up my ass
On the government dime
Prime rib and tenderloin
Don’t feed me no chuck
Happy as a clam
And don’t give a f***
A welfare recipient?
I don’t give a shit
Life is so good
On the government tit
Another Pushpin. I hope to join you there one day, but it’s gonna be a while.
OK, that does it.
The morning has broken
The Fourth Wednesday come
It’s time for the workers
To care for a bum
A whore, some Bordeaux
A big bag of grass
So nice are the choices
As I sit on my ass
I owe all of this
To my friend JBD
He is magnanimous
As he takes care of me
Caviar, Cognac
Fattened liver of goose
If it were more costly
I’d eat me a moose
Lobster Beignets
Or done Thermidor
But my thoughts keep going
Back to that whore
I am so happy
Nothing but time
Thumb up my ass
On the government dime
Prime rib and tenderloin
Don’t feed me no chuck
Happy as a clam
And don’t give a f***
A welfare recipient?
I don’t give a shit
Life is so good
On the government tit
Pushpin, 4sure. BTW, Prime NY Strips are on sale at Fresh Market.
I only get 880 after tax withholding and Medicare. In 2018, I sold a fully depreciated house which doubled my Medicare cost in 2020. IRMAA is an acronym you have to get familiar with. They have got us by the nads. 1099s for everything. Had to recapture 100% of the depreciation plus pay tax on the appreciation, plus get stiffed for a year on Medicare. This being a welfare bum shit is getting harder.
They use MAGI to compute IRMAA, which includes any tax free interest and dividends. They've got us.
Last edited:
Have you ever tried their dry aged beef? I have not. Is it Fresh Market or Whole Foods that has it? It is pretty expensive. They have a whole rib eye and a whole NY strip hanging in a glass case.
Skinny Wife took a nice chateaubriand out of the freezer last nite. Looking forward to that.
I worked for Johnson Lane Space Smith out of Savannah for about a year before they merged with Interstate Securities out of Charlotte. For some reason, that brief period earned me an annuity that pays me $191 per month. That pays my cable bill so I don't have to spend long hours fretting over which streaming service will bring me true happiness after I cut the cord.
Mills B. Lane was a great American!!
OK, that does it.
The morning has broken
The Fourth Wednesday come
It’s time for the workers
To care for a bum
A whore, some Bordeaux
A big bag of grass
So nice are the choices
As I sit on my ass
I owe all of this
To my friend JBD
He is magnanimous
As he takes care of me
Caviar, Cognac
Fattened liver of goose
If it were more costly
I’d eat me a moose
Lobster Beignets
Or done Thermidor
But my thoughts keep going
Back to that whore
I am so happy
Nothing but time
Thumb up my ass
On the government dime
Prime rib and tenderloin
Don’t feed me no chuck
Happy as a clam
And don’t give a f***
A welfare recipient?
I don’t give a shit
Life is so good
On the government tit
D,JD....Pug goes on leave and Triple D becomes a poet.
LOL. Poor Pug somewhere banging his head against a wall.
Do you buy a whole tenderloin and cut it into 4 or 5 pieces, cook one and freeze the others?
Yes. We cut the ends into filet steaks, and freeze the chateaubriand for later. We chop up the chain for beef stroganoff.
Will prolly coat the big chunk in Kosher salt, coarse ground black pepper, and herbs and parsley. Reverse sear. Tomorrow.
I was at the bank signing papers yesterday....gave up my 1/2 of 1% return average of the past 9 years to move the SEP into a regular that allows for me to lose it in the next crash (but you guys are going to warn me a week before that day).
I haven't put anything else into tax deferred gov't retirement plans since 2011. Hoping to laugh at all y'all when Bernie starts his financial purge.
LOL. Would you believe there was a guy on this board buying Bitcoin at 17,000 who told me if it started to crash he would just sell it. I actually felt sorry for the poor bastard.
OK, that does it.
The morning has broken
The Fourth Wednesday come
It’s time for the workers
To care for a bum
A whore, some Bordeaux
A big bag of grass
So nice are the choices
As I sit on my ass
I owe all of this
To my friend JBD
He is magnanimous
As he takes care of me
Caviar, Cognac
Fattened liver of goose
If it were more costly
I’d eat me a moose
Lobster Beignets
Or done Thermidor
But my thoughts keep going
Back to that whore
I am so happy
Nothing but time
Thumb up my ass
On the government dime
Prime rib and tenderloin
Don’t feed me no chuck
Happy as a clam
And don’t give a f***
A welfare recipient?
I don’t give a shit
Life is so good
On the government tit
If I may...
I see the exchange
And note all the wit
Between Johnny and Duck
About the government tit
I laugh at this banter
And enjoy my drink
But as Johnny guilt trips
I can't help but think
I've tasted prime steak
Had rye whiskey abundant
Smoked the dankest greens
All government funded!
But no, not the government
The sweat of Johnny's brow
The fruit of his labor
In my gut somehow??
But how can this be?
I mean, what the heck??
Gibson's not aged enough
For an FDR check!
But when Johnny cries theft
And demands a fair shake
Duck invites Gibson
"C'mon over, partake."
Took my first retirement and placed it in a bank far far away.
I like it but you have to check a box on 1040. I guess you don't have to, but........
There are no more protections or secrecy for Americans stashing money in Swiss accounts, anymore. FWIW. Good ol days are over.
It's just a goof, brother. We're all friends here. I'm welcome at your house any time, you know that.
Boxing and banking. I remember when Hugh McColl and NCNB tried to gobble up C&S. C&S CEO ran off and bught a big Virginia bank to be too big for Hugh. The next year R/E crashed and C&S was being sunk because of the bad loans in VA. Hugh came in as a white knight for a fraction of the prior offer.
Dr. CURMUDGEON: PM me your SS# and financial details. IRS is looking for a few good FBAR whistleblowers.
Already there Brother! They will be kindling in the fires of hell when they are done screwing us.
You are one Wise Moose....Can I be your Grasshopper ??
Might want to wait and see if my Apocalypse happens. If not, I may be the king of dumbasses for a plethora of reasons. (OCD would say cornucopia of reasons; he's still working the word-of-the-day program).
No, it's actually gifted to my Mother at present tense.
Dual citizenship is your friend, Sir.
Don't worry, I'm still investing in lead as well.
I read that if barter value is a reason you stockpile lead, the two best rounds for that purpose are .22 and 12 gauge because half the homes in the US own one or both. Not long ago it was difficult to find .22, but it's plentiful and fairly cheap now, about a nickel a round.
Yeah, same here, but at some point I'll start selling the crap off. Keep one bullet for when the zombies/martians/robots come through the door.
I'm just planning on dying young. I'm sure I will not want it to happen if it does, but I'd bet on it. Bigly.
There's usually a price to pay for burning the candle at both ends. I'd take 75 if offered. Everybody got to go sometime. An extra 10 years of pain is just a spit in the ocean. Then again, maybe you'll be like your namesake. A friend's mother just died at 90 and smoked 2 packs of Winston 100s every day. But, man she was in rough shape. Also, my old buddy Pres is in a nursing home in Pasadena at 91. For at least 6 or 8 years he has said he just wants to die. He burned the candle with a blowtorch.
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