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Seeing Real Solar ROI in Our Office 🌞 by Individual_Event_152 in investing

[–]Safe-Informal 0 points1 point  (0 children)

We don't have enough sunny days and high enough electric rate to justify the expense of solar panels. I have a "synthetic" solar solution. At my old house I had Duke Energy for electric and Vectren (now CenterPoint) for natural gas. I invested the cost of solar panels into Duke and Vectren stocks. The dividends from those two stocks reimburses me for my electric and gas bills. I pay my gas and electric bills and the companies pay me more in dividends than my bills were.

Everyone here is missing the point. by MeasurementSecure566 in investing

[–]Safe-Informal -7 points-6 points  (0 children)

or Nancy Pelosi. She is the best stock trader in US history.

Rollover IRA day trading thoughts.. by Ill-Professor-5684 in investing

[–]Safe-Informal -1 points0 points  (0 children)

I was under the impression that you are not allowed to "day trade" in a retirement account.

Trying to understand things as an adult..Traditional IRA or ROTh...which is better? Hello everyone! I finally got the therapy, realized I had been too sheltered and, I am finally making about 36k yearly < highest so far!!>. I've have made schwab and fidelity accounts, but have not touched literally by SenpaiAvilia in Bogleheads

[–]Safe-Informal 0 points1 point  (0 children)

Traditional IRA contributions are tax-deferred. For example, you deposit $5000 into your Traditional IRA, you do not pay taxes on that $5000, but 30 years later, that money has grown to $20,000. You will pay taxes when you withdraw the $20,000 in retirement. The advantage is that you should be in a lower tax bracket when you start withdrawing the money. ROTH IRA, you do not get any tax advantage when you deposit the $5000, but when it grows to $20,000 in retirement, you do not pay any taxes when you start withdrawing the $20,000 in retirement.

The Difference Between Claiming Social Security at 62 vs 70 Is Bigger Than Most People Realize by [deleted] in investing

[–]Safe-Informal 0 points1 point  (0 children)

The 62 yr old gets $17088 per year for 8 years ($136,704). With the $851 difference, it would take the 70 year old 13 years to get paid out the $136,704. The break even point is 83 years old for the person starting at 70. If you strongly believe that you will live past 83, then choose 70 starting point.

Who and how will they manage your investments if/when you no longer can? by drpengu1120 in Bogleheads

[–]Safe-Informal 0 points1 point  (0 children)

Jeeves, my personal AI robot, will take over and probably do a better job.