TRT (Totally Random Thoughts)

[The Keymaster]

Maybe I'm just a little smarter than the rest of the Olympic sheep.

 

[IndyDave1776]

Were the Olympics fixed?

I didn't realize they were broken.

 

[smokingman]

I didn't realize they were broken.

They are.Some of the rules are very broken,and are getting worse every year.Take figure skating.New rules passed this year give 1 point per year of the combined pairs over 60.For example is you are 32 and your partner 31 you start the event with 3 points.It is called "age balancing" and will give a great deal of advantage to older athletes in many sports.In short the competitions will be less about actual physical performance and be "balanced" to account for age.It was determined the Olympics where geared against the elderly and only young fit athletes could win medals,a form of discrimination that had to be stopped.

I only wish I was joking.

 

[IndyDave1776]

They are.Some of the rules are very broken,and are getting worse every year.Take figure skating.New rules passed this year give 1 point per year of the combined pairs over 60.For example is you are 32 and your partner 31 you start the event with 3 points.It is called "age balancing" and will give a great deal of advantage to older athletes in many sports.In short the competitions will be less about actual physical performance and be "balanced" to account for age.It was determined the Olympics where geared against the elderly and only young fit athletes could win medals,a form of discrimination that had to be stopped.

I only wish I was joking.

Good grief! Socialism is bad enough when limited to economic issues, now it pops up in athletic contests?

 

[Csquared]

Is 12% of my income too much to be putting into my 401(k)? I'm only 23... The parents persuaded me to put that much in. My bi-weekly checks are quite a bit smaller than I'm used to but I'm making it work.

 

[SkullDaddy.45]

Is 12% of my income too much to be putting into my 401(k)? I'm only 23... The parents persuaded me to put that much in. My bi-weekly checks are quite a bit smaller than I'm used to but I'm making it work.

401k's are AWSOME! Whatever works for you, if your not hurting keep it up!

 

[The Keymaster]

Coffee time

 

[JetGirl]

Coffee time

Finally, an on-topic post.

 

[Birds Away]

I just realized I went over 5k posts (I know, noob). Maybe I can now get an sticker ...no? Well .

 

[churchmouse]

401k's are AWSOME! Whatever works for you, if your not hurting keep it up!

Keep an eye on you 401's. Ours crashed hard in 07 and we did not catch it in time. Lost our A$$ES.

 

[churchmouse]

........

 

[Mosineer]

 

[pudly]

I just realized I went over 5k posts (I know, noob). Maybe I can now get an sticker ...no? Well .

Me too! Although it took me much longer to get here. I'm such a slacker...

 

[The Keymaster]

One of our Directv DVR's self destructed. Looked just like the Mission Impossible thing.

 

[IndyDave1776]

Is 12% of my income too much to be putting into my 401(k)? I'm only 23... The parents persuaded me to put that much in. My bi-weekly checks are quite a bit smaller than I'm used to but I'm making it work.

It is a great thing which will make you a lot of unanticipated income (albeit income of limited access pre-retirement). The caveats are, as Churchmouse said, watch out for market crashes and get out before the value tanks, given that you are dealing largely with stock-based value, not actual cash in a deposit box. The other major caveat is that we have heard talk of nationalizing 401k funds to shore up Social Security and/or roll SS and private retirement funds into a new program. Obama is pushing hard for a federal parallel to the 401k, which would set the stage for federalizing private funds by legislation, executive fiat, or like with insurance, simply making it too unappealing for private providers to stay in leaving no alternative other than the .gov.

The other hazard, is that whatever you have in value, by the time you figure taxes and federal early withdrawal penalties, you can figure your walk-away value as roughly half the face value of your account in the event you have to cash it out early out of need or out of seeing bad handwriting on the wall. You can, however, borrow from it in the event of a short-term need.

The bottom line is that you end up with your money under conditions in which saying it is yours is a questionable notion.

 

[Noland]

Don't take a bath with Lincoln Logs because that green paint will come off of the roof slats.

 

[Lectric102002]

I just realized I went over 5k posts (I know, noob). Maybe I can now get an sticker ...no? Well .

INGOGear will be closed until Monday. Thanks for your patience as we wrap up the 1500 and get our inventory back to the "warehouse"!

 

[pudly]

INGOGear will be closed until Monday. Thanks for your patience as we wrap up the 1500 and get our inventory back to the "warehouse"!

Funny... Now that I hit 5000, it works for me!

 

[nakinate]

I wish pocket watches were cool.

 

[HotPocket]

They're not?