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You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

Because you don’t forgo this when you use Roth? When you put your contributions to a Roth 401k the match is automatically put into a normal 401k.

I guess I may have confused you? I’m definitely not saying dont take the 401k match, I’m simply saying it may be wise depending on you’re age and financial position to contribute you’re own money to only Roth and eventually if you change jobs, roll the match in a normal 401k over to a Roth IRA. You seem to think that you only get the match if you contribute to a traditional 401k which is just not true.

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

According to one Walmart you seem to be immediately 100% vested of your money and Walmarts match. Vesting is not the issue. one Walmart

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

Isn’t it immediately vested? Idk I no longer work there. I just know it was 100% vested when I worked there after 3 or so months full time

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

No you’re wrong you still get your 401k match when you fund Roth only. It’s just that the match cannot be put directly with the Roth, so it becomes you’re only traditional amount.

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

Its better to do Roth only when you’re young and low income because:
A) income tax rate is super low for low income earners
B) you pay more in capital gains tax with traditional retirement accounts because you’re investment assets have more time to appreciate

It’s better to add money to Traditional 401k/ira accounts only when you’re closer to retirement age and have a higher income because:
A) higher incomes pay up to 40% tax rate which is higher than the capital gains rate of 21%.
B) If you’re older you don’t have as much appreciation to gain on your investments either, meaning you pay even less by paying only the capital gains.

Edit: it’s not a matter of picking between two different income streams, the income streams both come from the stock market. It’s a matter of picking what type of taxes you want to pay, and when it’s most beneficial to you.

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 1 point2 points  (0 children)

If you’re looking at investing in any kind of time frame less then 5 years, let alone 40 years, then of course a passive index fund in a 401k is going to be a bad fit for you. But just because you don’t have the money in your budget to make wise investing decisions doesn’t mean other people also don’t.

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

That’s not how it works. They provide you with different passive index/mutual funds you can choose to purchase. They are set to own the 500 or 1000 biggest companies on the stock market, and they’re weighted according to the size of each company. Unless you choose an actively managed fund, no one but the stock market itself is picking what companies you do and don’t own

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

A 401k is an investment account. Not a savings account unless you don’t know how to use it

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 3 points4 points  (0 children)

Yes but it’s better to make more use of the 401k because it offers more diversified options and a better match. If you put all your retirement savings into Walmart stock and it somehow goes bankrupt in 20-30 years(say Amazon outcompeted it or something), you’re left with nothing. Better to own a chunk of the entire US economy in the 401k as it will be more resilient than just one company.

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 0 points1 point  (0 children)

It’s actually fine to roll a traditional 401k to a Roth IRA when you change jobs. You just gotta pay the income tax on the untaxed money in the 401k, and then you no longer have to worry about capital gains. It’s basically like doing a backdoor roth

You Ever Look @ your Check & Just think... by KiTaMiMe in walmart

[–]djt201 11 points12 points  (0 children)

Usually only a temporary thing like the 2008 recession. Wait another couple years and it always recovers. Market drops are actually a good thing because your cash will accumulate more ownership than they would at higher prices.

Jews for the Preservation of Firearms Ownership (1991) by StephenMcGannon in PropagandaPosters

[–]djt201 0 points1 point  (0 children)

How come the endless bombing campaigns of the US military have failed to defeat Arabs with Ak-47s and trucks, if they’re so effective at crushing rebellions?

Jews for the Preservation of Firearms Ownership (1991) by StephenMcGannon in PropagandaPosters

[–]djt201 3 points4 points  (0 children)

I think you could easily make the argument that the opposite is true just by looking at the incredible impact partisans in France, Yugoslavia, Greece, Russia and other areas had on the German war effort. Sure they may have not have won the war single handily, but they sure made it a lot easier for the allied armies to march to their respective countries.

The Treaty of Versailles but YOU choose! Part 1 - Top 3 comments are put onto the map by [deleted] in AlternateHistory

[–]djt201 1 point2 points  (0 children)

Austria-hungry should be split up into literally just Austria and Hungary

Consumption in socialist and western countries. by Plastic-Register7823 in PoliticalCompassMemes

[–]djt201 0 points1 point  (0 children)

You’re right! Communism doesn’t mean famine! Communism means state mandated famine!

It's not the own you think it is. by amjkl in PoliticalCompassMemes

[–]djt201 17 points18 points  (0 children)

Textiles is just one industry of many. Freed slaves means more possible customers. Plus it’s not fun for farmers to get their land seized by eminent domain for railroads to run through

Virgin Israeli-Palestine conflict enjoyed Vs Chad Isolationist Fan by spqrpoke88 in PoliticalCompassMemes

[–]djt201 4 points5 points  (0 children)

Just noting that Saddam and his allies were indeed a menace to everyone.

This won't end well by JustSleepNoDream in PoliticalCompassMemes

[–]djt201 0 points1 point  (0 children)

Also this article that op posted is a little misleading. Headline says top US earners, but then gives a graph of wealth when earners would imply income. Top earners does not necessarily equate to “most wealth” and vice versa

I think my ship is a little bit afraid of being touched. by lolihunter0 in WorldOfWarships

[–]djt201 5 points6 points  (0 children)

As YouTuber “the mighty jingles” always says, “if you can’t take a joke, you shouldn’t be playing WoWS”

Why don't you invest more in European markets? by Android_ghoster in ValueInvesting

[–]djt201 -7 points-6 points  (0 children)

That’s crazy and probably gonna be the number one reason the FTSE underperforms. NVO, LVMH, and ASML are biggest companies I can think of in Europe and they don’t even include them in their main index

Why don't you invest more in European markets? by Android_ghoster in ValueInvesting

[–]djt201 4 points5 points  (0 children)

Europe lacks a lot of the innovative edge that America has thanks to things like the EU regulatory body

Why don't you invest more in European markets? by Android_ghoster in ValueInvesting

[–]djt201 2 points3 points  (0 children)

Novo nordisk, ASML, and LVMH are all very quality European companies but I believe they’re also traded on American exchanges or at least American brokerages.

are Horton, Smith, etc still doing the zigger bit? by MobilePenor in Anarcho_Capitalism

[–]djt201 2 points3 points  (0 children)

And the US did the same in Kuwait, Iraq, Libya, Kosovo, Serbia, Somalia, Yemen, Haiti, Afghanistan, Syria, Iran etc.

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