why taking the annuity a very bad idea atm

Reply #5

rdgrnr — Mon, 26 Sep 2011 23:49:25 GMT

I'll take the cash.

Even if we weren't under the unstable government we have now, I'd still take the cash.

Reply #4

joshuacloak — Mon, 26 Sep 2011 20:54:09 GMT

don't let the tax tail wag the investment dog

i say Take annuity govt bond and Get Screwed!

also stock market is really 2 diff ways people use it.

1 forCapital gains, buy low , sell stock high to someone else

its freaking called, gambling. and you deserve to get Screwed if you use gambling ,

then their real stocks, stocks that pay their owners % of their profits out to share holders

you buy stock, not to resell to someone later for a profit, but for sake of dividend paymen... [ More ]

Reply #3

Raven62 — Sun, 25 Sep 2011 19:34:21 GMT

Invest in the Stock Market Get Screwed

Reply #2

joshuacloak — Sun, 25 Sep 2011 14:29:06 GMT

who said anything about banks? its like your post came form left field.

also dividend stocks have a 15% max tax on income,

hance why you see misleading reports of super rich don't really pay 35% max fed income rate. , cease will majority of their income is dividends form companys

dividend income is lowest taxed way to make future money from your investments

i like how your not even defending t bills, just trying to bash other option banks that are a joke to begin with.

as if to m... [ More ]

Reply #1

savagegoose — Sun, 25 Sep 2011 12:24:00 GMT

say you want to go out of USA and invest in ohh someplace that actually pays interest. theres a withholding tax of i think %20. so if you take out that $72MM $14.4mm will be withheld by the tax office , incase you ever owe them taxes later.

good luck earning that %10 in brazil, or %6 in australian banks.

why taking the annuity a very bad idea atm

joshuacloak — Sun, 25 Sep 2011 02:35:51 GMT

annuity for lazy investers i think

however people have made the case its a wise invest, i like to point out some thing

they take cash jackpot,and invest full amount tax free investment, for you collect and pay taxes on later

1 issue, they use govt bonds, aka Treasure Bonds

funny thing about a govt in 14+ trillion in debt, we have the fed reserve printing money out of Thin air, and funny thing is their buying Treasure bills, billions upon billions

its like your right hand writing a... [ More ]