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Comment: Re: A fool and their money (Score 1) 259

Sure, that's why no individual bothers to do it, but if the world at large wanted to demonstrate if there was any merit at all to dowsing, that's the kind of thing they ought to test.

You'd think somewhere there'd be one wealthy investor willing to spend a few tens of thousands to scientifically analyze this.

Comment: Re:Simple (Score 1) 548

Based on your Sunday post I think you may have gotten it, but the issue with your comparison here is your contributions are mismatched, because you're contributing twice as much to your Roth as your Traditional. If you put the same $200k into the Traditional as you were throwing at the Roth, it would grow to $1,000,000, not just $500k. You then pay 25% in taxes, which leaves you $750k free to personally spend. This is much better than the $500k from the Roth.

Yes, you have paid more in taxes overall ($250k for the Traditional versus $100k for the Roth) but that's kind of irrelevant. What is relevant to you is that you have $750k rather than $500k.

Comment: Re:Simple (Score 1) 548

I encourage you to reread the AC's post above this, because I don't think you're quite seeing his point. If the government's taking their cut, it may not really matter if they do it up front or later, it's likely to work out close to the same either way. Paying 20% at the beginning and then letting your money grow, or letting a bigger pile of money grow and then paying 20% at the end, you personally have the same amount. Yeah, you're correct that the 20% at the end is bigger (i.e., more total tax paid to the government), but the amount YOU get to spend is still the same.

If you don't believe me, run some numbers to test it. A quick spreadsheet will demonstrate that it works out even.

As the AC said, the reason to game the system is if you have reason to believe your future tax rate will be higher or lower than your current rate, then obviously pick whichever investment is favored. There's also issues like if you go all ROTH and then have no income at all upon retirement, you may be throwing away your annual personal tax deduction, whereas if you've got some small amount of theoretically taxable income, you may actually get it all tax free, or at a pretty low rate after deductions. Other reasons to choose traditional: a small tax deduction when you're young and struggling to get established may be more important than tax-free income later in life, when you're well established and (if you invested well) money isn't tight.

I think for most people either option is likely to work out pretty close to the same. When in doubt hedge your bets and do half of each, if possible.

Stray note: it's not capital gains inside a retirement account, you're taxed on your withdrawals as if they're income.

Comment: Re:cost is to high and 4 years is to long for that (Score 1) 205

by Quirkz (#47614151) Attached to: MIT Considers Whether Courses Are Outdated

I know it's an exception, but I intentionally picked a school that didn't have a PE requirement, because I knew going in how dumb that was.

As for art history? I took two of those classes, and they were the most interesting, educational, and mind-expanding classes I took. Also, when I ended up doing web development out of college, that little bit of art knowledge may have served to improve my designs, and probably contributed to my ability to get a job with a design firm in the first place. Now, again, I picked a flexible school, so these were options that I embraced rather than requirements, but I found them worthwhile in surprising ways that I wouldn't have anticipated going in.

Comment: Re:Nerd Blackface (Score 1) 442

by Quirkz (#47611255) Attached to: Big Bang Actors To Earn $1M Per Episode

Yeah, I know how it goes. I'll admit to times, particularly in my younger days, when I jumped to the conclusion to the other party was ignorant/wrong/missing some obvious technical solution, rather than giving them the benefit of the doubt. And if I'd been asking a question like "How can I get this show?" I definitely would have in the wrong for omitting those details. In this case I know the answer already, and was just griping that CBS can't come to a deal with Netflix. You know, in case they're just waiting for enough explicit public demand before bothering to ink the deal. I thought maybe I'd seed the search engines a little.

Prototype designs always work. -- Don Vonada

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