Hardcore troubadour 15,408 Posted July 11 4 minutes ago, The Real timschochet said: Do you have trouble reading with comprehension? I wrote that things would be VERY bad IF Trump ever stuck to his guns and kept up high tariffs on our main trading partners (Canada, China, Mexico, the European Union) without backing off. I also wrote that nobody expects Trump NOT to cave. Do I need to repeat it again for you? How many domestics do you employ? Tell the truth. Share this post Link to post Share on other sites
supermike80 1,907 Posted July 11 7 minutes ago, The Real timschochet said: Do you have trouble reading with comprehension? I wrote that things would be VERY bad IF Trump ever stuck to his guns and kept up high tariffs on our main trading partners (Canada, China, Mexico, the European Union) without backing off. I also wrote that nobody expects Trump NOT to cave. Do I need to repeat it again for you? You do well repeating on your own without me asking you to. Youve madebit very clear. Tariffs=economic armageddon. It will be very bad. Im counting on you to tell us when it will be time to actually panic and start stockpiling. Keep us posted on that 1 Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 31 minutes ago, seafoam1 said: I see. I haven't thought about selling the stock other than, how to approach it. All of the stock is over a year old since I bought. But thinking about when the time comes. I'm won't be eligible for social security for a few years but also thinking about that and how to approach. I know the old rule is wait as long as possible, but I would hate to see some new wave Hillary Clinton get in the white house and fock that all up. Plus, WTF knows when our time will be up on this earth. I have plenty of time to think about it though. How are you withdrawing from you stock? Are you taking out as needed, or simply in larger chunks? All of it all at once. It's privately owned and they make you sell all of it when you leave the company. Actually you can split it in 2, half at the end of the year and half in the first of the next year if it helps tax wise. I took the tax hit and immediately reinvested it in a well diversified portfolio. I'll use it first though when needed because it's not tax sheltered, just in a regular brokerage. Are you married. And are you the higher earner? If so take your wife's SS as soon as possible and then defer yours as long as possible as insurance for her. As for your company stock I'd take a look at how much of a percentage it is of your entire portfolio and if it puts you at risk not being diversified enough. Sell and reinvest to be safer in retirement. But you need to do it strategically if it's taxable. Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 @seafoam1 what are you doing for health insurance? Share this post Link to post Share on other sites
The Real timschochet 6,755 Posted July 11 7 minutes ago, supermike80 said: You do well repeating on your own without me asking you to. Youve madebit very clear. Tariffs=economic armageddon. It will be very bad. Im counting on you to tell us when it will be time to actually panic and start stockpiling. Keep us posted on that Just stop with the nonsense. It is never time to panic. And I don’t use words like Armageddon. What you’re doing is trying to paint me as a fear monger so as to discredit my arguments without having to actually address them. Which is how a third grader or a troll responds to news he doesn’t like. The more tariffs we have, the likelier the chances of greater inflation without economic growth- which means stagflation and recession. The last time we had that was the early 70s. That was a bad time for our economy- lots of layoffs. This will be worse. I am confident that it will not reach the level of the Great Depression (1929-1935) mainly because I expect Trump to back off long before it gets that bad. Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 2 minutes ago, The Real timschochet said: Just stop with the nonsense. It is never time to panic. And I don’t use words like Armageddon. What you’re doing is trying to paint me as a fear monger so as to discredit my arguments without having to actually address them. Which is how a third grader or a troll responds to news he doesn’t like. The more tariffs we have, the likelier the chances of greater inflation without economic growth- which means stagflation and recession. The last time we had that was the early 70s. That was a bad time for our economy- lots of layoffs. This will be worse. I am confident that it will not reach the level of the Great Depression (1929-1935) mainly because I expect Trump to back off long before it gets that bad. Not Armageddon, just not quite as bad as the Great Depression. Share this post Link to post Share on other sites
supermike80 1,907 Posted July 11 2 minutes ago, JuneJuly said: Not Armageddon, just not quite as bad as the Great Depression. Not a fear monger either. Sigh Share this post Link to post Share on other sites
The Real timschochet 6,755 Posted July 11 2 minutes ago, supermike80 said: Not a fear monger either. Sigh What do you expect to happen if these tarrifs actually go into effect? Do you share Donald Trump’s ignorance of economic reality? Share this post Link to post Share on other sites
Hardcore troubadour 15,408 Posted July 11 Maybe Tim is getting handies from his maid? Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 6 minutes ago, The Real timschochet said: What do you expect to happen if these tarrifs actually go into effect? Do you share Donald Trump’s ignorance of economic reality? Worse than the OPEC Oil Embargo!!!!!!!! Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 13 minutes ago, JuneJuly said: All of it all at once. It's privately owned and they make you sell all of it when you leave the company. Actually you can split it in 2, half at the end of the year and half in the first of the next year if it helps tax wise. I took the tax hit and immediately reinvested it in a well diversified portfolio. I'll use it first though when needed because it's not tax sheltered, just in a regular brokerage. Are you married. And are you the higher earner? If so take your wife's SS as soon as possible and then defer yours as long as possible as insurance for her. As for your company stock I'd take a look at how much of a percentage it is of your entire portfolio and if it puts you at risk not being diversified enough. Sell and reinvest to be safer in retirement. But you need to do it strategically if it's taxable. Been with my girlfriend for about 13 or so years now. We never even brought up marriage but do at times just say we are to avoid the "why not?" questions from occasional acquaintances. She is much younger than I am by about 20 years so she has no plans to retire. But at her pace, she could retire in her early 50s although I doubt she would want to. She's never had a penny of debt in her life and it's not because her parents are wealthy. Quite the opposite. Currently she makes about 160k a year. When I worked I topped out at about 140k. I had no interest in management which included sales. I've been a worker bee all my life. And liked it like that. I think the stock is a firm hold for me right now. It's a stock that performs in all economical climates. It has it's ups and downs, but so do all stocks to a degree. I have a long time friend who works in an investment company. He's been there for a while and they have a good rep. After I retired I have them handling my IRA all with good results so far a year and a half in. I know my limitations when it comes to investing. So I don't mess around with it beyond what I do know. Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 Tim's not fear mongering, just predicting a 50%+ drop in the dow that won't recover for a decade. Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 27 minutes ago, JuneJuly said: @seafoam1 what are you doing for health insurance? When I retired I didn't want to stop being accountable or active. I took a job as a rural mail carrier at the USPS. (Very different than city carrier). When I got assigned to a certain office, I mentioned I don't need to work a lot but am willing to. I basically, for the past year+ have worked about 4-5 days a month. Depending on the season. But even working that little, I get full health insurance. It's pretty nice. 1 Share this post Link to post Share on other sites
thegeneral 3,207 Posted July 11 6 minutes ago, seafoam1 said: When I retired I didn't want to stop being accountable or active. I took a job as a rural mail carrier at the USPS. (Very different than city carrier). When I got assigned to a certain office, I mentioned I don't need to work a lot but am willing to. I basically, for the past year+ have worked about 4-5 days a month. Depending on the season. But even working that little, I get full health insurance. It's pretty nice. Sounds like something DOGE should look into. 1 Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 Just now, thegeneral said: Sounds like something DOGE should look into. cool. Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 6 minutes ago, seafoam1 said: Been with my girlfriend for about 13 or so years now. We never even brought up marriage but do at times just say we are to avoid the "why not?" questions from occasional acquaintances. She is much younger than I am by about 20 years so she has no plans to retire. But at her pace, she could retire in her early 50s although I doubt she would want to. She's never had a penny of debt in her life and it's not because her parents are wealthy. Quite the opposite. Currently she makes about 160k a year. When I worked I topped out at about 140k. I had no interest in management which included sales. I've been a worker bee all my life. And liked it like that. I think the stock is a firm hold for me right now. It's a stock that performs in all economical climates. It has it's ups and downs, but so do all stocks to a degree. I have a long time friend who works in an investment company. He's been there for a while and they have a good rep. After I retired I have them handling my IRA all with good results so far a year and a half in. I know my limitations when it comes to investing. So I don't mess around with it beyond what I do know. I'm not a fan of traditions like marriage, however, it does have a lot of financial benefits. But, being that much older and her likely being the higher earner negates a lot of them. One I see is that you could get on her insurance. The investment company is taking 1%, I'm guessing, for doing something that isn't very difficult. Share this post Link to post Share on other sites
Ron_Artest 1,506 Posted July 11 I have peefoam on ignore but say the general's reply and had to comment. Peefoam quit his job to be a mailman Share this post Link to post Share on other sites
Hardcore troubadour 15,408 Posted July 11 7 minutes ago, Ron_Artest said: I have peefoam on ignore but say the general's reply and had to comment. Peefoam quit his job to be a mailman Why do degrade people that work? You fockin post here and at your safe space all day. Take a look in the mirror. Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 6 minutes ago, JuneJuly said: I'm not a fan of traditions like marriage, however, it does have a lot of financial benefits. But, being that much older and her likely being the higher earner negates a lot of them. One I see is that you could get on her insurance. The investment company is taking 1%, I'm guessing, for doing something that isn't very difficult. .75% actually. No other fees or commissions. Honestly, it's a peace of mind thing for me. If that's what it costs, I'll call it a luxury tax. I would rather focus my time on keeping in shape/exercising, enjoying baseball/football, and taking long weekend trips with my girlfriend. Share this post Link to post Share on other sites
thegeneral 3,207 Posted July 11 10 minutes ago, Ron_Artest said: I have peefoam on ignore but say the general's reply and had to comment. Peefoam quit his job to be a mailman Technically Peefoam says he quit then went to carry mail to scam insurance! Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 3 minutes ago, Hardcore troubadour said: Why do degrade people that work? You fockin post here and at your safe space all day. Take a look in the mirror. Share this post Link to post Share on other sites
Ron_Artest 1,506 Posted July 11 1 minute ago, Hardcore troubadour said: Why do degrade people that work? You fockin post here and at your safe space all day. Take a look in the mirror. I don't degrade people that work. I degrade scum like peefoam who sit on this site 24/7 mocking people and saying how rich he is, and then quits his high paying job to be a mail man. There is nothing inherently wrong with being a mail man but when you're a doosh and claim that you have money and retire early, why on earth would you want to be a mail man? You want to stay busy? Volunteer. Much more rewarding and helps the community. Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 Just now, thegeneral said: Technically Peefoam says he quit then went to carry mail to scam insurance! Nope. I didn't know about the insurance until I joined. And what's with your childish BS? Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 1 minute ago, Ron_Artest said: I don't degrade people that work. I degrade scum like peefoam who sit on this site 24/7 mocking people and saying how rich he is, and then quits his high paying job to be a mail man. There is nothing inherently wrong with being a mail man but when you're a doosh and claim that you have money and retire early, why on earth would you want to be a mail man? You want to stay busy? Volunteer. Much more rewarding and helps the community. This poor guy gets really angry. Telling me to volunteer instead of work. Yet he sits on this site all day instead of actually doing his job. Just weird. Share this post Link to post Share on other sites
Hardcore troubadour 15,408 Posted July 11 1 minute ago, thegeneral said: Technically Peefoam says he quit then went to carry mail to scam insurance! Why is it a scam? Share this post Link to post Share on other sites
Ron_Artest 1,506 Posted July 11 2 minutes ago, thegeneral said: Technically Peefoam says he quit then went to carry mail to scam insurance! yeah good call, missed that. Share this post Link to post Share on other sites
Ron_Artest 1,506 Posted July 11 1 minute ago, Hardcore troubadour said: Why is it a scam? You think we should be paying the medical bills of rich dooshbags that work 1 day a month delivering Spiegel catalogs? Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 It's a super interesting question: During early retirement before you qualify for Medicare is it worth working a no-brainer job one week per month for free healthcare? If you were to pay for your own insurance outright it's 16K a year (for two people) If you manage your income just right you can get ACA insurance for free or pay up to 6K a year before the cliff. Probably not for me, but I can see why it appeals to a lot of people. That's why you see retirees working at the golf course and at Home Depot. Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 2 minutes ago, Hardcore troubadour said: Why is it a scam? They offer health insurance. USPS must be a scam. Share this post Link to post Share on other sites
MDC 7,405 Posted July 11 1 minute ago, Ron_Artest said: You think we should be paying the medical bills of rich dooshbags that work 1 day a month delivering Spiegel catalogs? Don’t get too upset. The story is fake. Share this post Link to post Share on other sites
thegeneral 3,207 Posted July 11 Just now, seafoam1 said: Nope. I didn't know about the insurance until I joined. And what's with your childish BS? Your ilk complains about what you deem fraud and waste…until it benefits yourselves. Lack of perspective is irritating. I approve of the situation you described by the way however working a few days a month to get this is something I’d keep under your hat in this political climate, one of Elon’s little dorks will shut that down toute suite. Oh and you calling someone out for childish BS is fantastic. 1 1 Share this post Link to post Share on other sites
thegeneral 3,207 Posted July 11 4 minutes ago, Hardcore troubadour said: Why is it a scam? Scam perhaps is a poor choice of words. Excessive and duh fraud is more apt with the DOGE crowd. Work a few days a week delivering catalogs and get insurance. I’d not say a peep about this less a “fiscal conservative” gets wind and shuts it down. Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 1 minute ago, JuneJuly said: It's a super interesting question: During early retirement before you qualify for Medicare is it worth working a no-brainer job one week per month for free healthcare? If you were to pay for your own insurance outright it's 16K a year (for two people) If you manage your income just right you can get ACA insurance for free or pay up to 6K a year before the cliff. Probably not for me, but I can see why it appeals to a lot of people. That's why you see retirees working at the golf course and at Home Depot. Since I didn't take out of my stocks or IRA, I only made like 12,000 last year. Started the job in May 2024 and worked little. I pay about $120 a month for the insurance and got all my tax dollars back. Plus, the job keeps me active. It's not as easy as one would think. Share this post Link to post Share on other sites
JuneJuly 210 Posted July 11 2 minutes ago, thegeneral said: Scam perhaps is a poor choice of words. Excessive and duh fraud is more apt with the DOGE crowd. Work a few days a week delivering catalogs and get insurance. I’d not say a peep about this less a “fiscal conservative” gets wind and shuts it down. Few days a month. A few days a week is full-time dumbasss. Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 5 minutes ago, thegeneral said: Your ilk complains. I have not complained about working for a living. So take that to the next guy who doesn't like your input. Share this post Link to post Share on other sites
Hardcore troubadour 15,408 Posted July 11 5 minutes ago, thegeneral said: Scam perhaps is a poor choice of words. Excessive and duh fraud is more apt with the DOGE crowd. Work a few days a week delivering catalogs and get insurance. I’d not say a peep about this less a “fiscal conservative” gets wind and shuts it down. What you should be questioning is that he didn’t know about the HI prior to taking the job. It’s a fairly simple bit of information easily obtained. That would be the main reason someone would take the job with so few hours. But you and gutter are so fockin eager you don’t even know how to go at it effectively. Share this post Link to post Share on other sites
seafoam1 3,017 Posted July 11 2 minutes ago, JuneJuly said: Few days a month. A few days a week is full-time dumbasss. He's angry. I think he's living a rough life. Share this post Link to post Share on other sites
Ron_Artest 1,506 Posted July 11 2 minutes ago, JuneJuly said: Few days a month. A few days a week is full-time dumbasss. 40 hours a week is full time you idiot Share this post Link to post Share on other sites
Hardcore troubadour 15,408 Posted July 11 Just now, Ron_Artest said: 40 hours a week is full time you idiot No to get health insurance dumbass. Share this post Link to post Share on other sites
thegeneral 3,207 Posted July 11 2 minutes ago, JuneJuly said: Few days a month. A few days a week is full-time dumbasss. “Worked 4-5 days a month” to get “full insurance” The Postal Service is a punching bag for among other things their terrible budget by this Prez. Share this post Link to post Share on other sites