Corcaigh

Sounds like something that can be fixed by contracting if there is a public need rather than setting market pricing after the fact when the pharma company has taken on all the R&D and drug approval cost and duration tisk.

Military hardware is developed under a cost-plus model and I think the COVID vaccines were the same.

Without silencers, I imagine a future society where all the suburbs are abandoned ‘ghost towns’ and humans now only live in the countryside or in cities. The answer is that the tyranny of leaf blowers made suburbs with yards uninhabitable.

1 hour ago, PleaseBlitz said:

Worthy of a thread title update. 

It’s a bigger deal than curing cancer.

This will save lives as I won’t need to kill neighbors with OLD )Obsessive Leaf-blowing Disorder).

it’s one thing if people actually use them for leaf blowing one weekend in the Fall each year, but ****ers use them every week for blowing grass clippings off driveways and sidewalks when a push broom would be way more efficient AND quieter.

1 hour ago, PleaseBlitz said:

 

 

Other Names

 

I'm looking forward to watching the big Team USA Track and Field names, including Sha'carri Richardson (sprinter), Noah Lyles (sprinter) and Ryan Crouser (the greatest shot putter of all time). 

Two arguably bigger stars on the USA Track & Field side are Sidney McLaughlin Levrone and Athing Mu. Their preparation since winning Olympic titles has been to do little or no competition, and in their non-favored events. It’s a brave strategy. 

5 hours ago, mcsluggo said:

i purposely don't look at all.... but when the market is surging i WANT to pull some out to be able to shove it back in after the correction.   but i know i am lazy and i will mess up timing, so i just let it ride

 

The thinking is to rebalance periodically between equities and fixed income to get back to your desired level of risk, i.e. sell equities and put the money into bonds/cash (which you could then use after a drop in the stock market to buy again if you again crossed a risk threshold). If you do this in your tax-advantaged accounts (Roth, 401k, IRA) there's no tax consequence. If it's in a taxable brokerage account it's a tougher call to make but at least you could redirect dividend reinvestment from equities to fixed income as you are paying tax on that anyway.

5 hours ago, mcsluggo said:

that looks a bit more .....sexual ..... than intended.   sorry mom

You'll get to the point where vigorous sexual activity is less attractive than taking out the profits in used bills and rolling around in them naked on your bed.

Ted Lieu could do better. It’s not just ‘higher’ than four years ago. The S&P is 85% above its May 15 2020 close.

22 hours ago, Ball Security said:

everything I learned, I learned from the streets.

Sounds like a more honest intriguing pitch for a financial advisor … rather than the usual ad with the picture of the (financial advisors) yacht

19 minutes ago, Ball Security said:

Nasdaq and S&P 500 hit all time highs in morning trading.

I’m pretty disciplined about not watching the markets daily, and at the end of every month I take a snapshot of all our investments in a spreadsheet in order to have a record of allocation percentage and total asset values over time to help with trends and planning.

But when the market reaches a high I feel compelled to make an early update for this month. 🤣

5 minutes ago, Ball Security said:

But that answer leads me to another question, what is the difference between a Roth IRA and Roth 401(k)? Is it basically the Roth 401(k) is set up by the employer and its contribution limits are different?

 

My understanding is that for my Roth IRA (7K yearly limit), I can pull the contributions at any time penalty free (I just can’t put them back in). If I pull out any gains, I have to pay taxes prior to age 59.5.

 

 

Roth 401k is set up by the employer, allows higher contributions, and does not have earning restrictions like the Roth IRA. And typically fewer investment options than Roth IRA.

And yes, you can pull out contributions without penalty, so that could be an option for @TheGreatBuzz to access monies in the account.

43 minutes ago, TheGreatBuzz said:

 

I feel like that is a solid, reasonable gamble. Thoughts?

 

I have nothing to offer. The Bogleheads forum is full of experts with tax and military backgrounds and likely could help. Just create an anonymous account and have at it.

38 minutes ago, Ball Security said:

You don’t pay taxes on the withheld amount? I thought that if I withhold $20k this year, i don’t pay income taxes on that amount this year. But when I withdraw it in retirement, I pay income taxes on that $20k plus any gains/dividends. Is that not correct?

He said the account was a Roth so those contributions are made with after tax dollars.

8 minutes ago, TheGreatBuzz said:

Funny this thread got bumped.

 

Am I reading this right? Essentially, if I make an early withdrawal from a Roth 401k, I have to pay a 10% penalty and it counts as income for the year. That's it. 

In general. prior to age 59 1/2 you'll owe ordinary income tax on the gains & dividends AND a 10% penalty on the total withdrawn amount (not just the gains). This also applies if you've had the account for less than five years. However, there are some exemptions dependent on the purpose of the withdrawal so maybe a tax accountant is worth asking what qualifies.

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-exceptions-to-tax-on-early-distributions

Hopefully there are some hedge funds getting burned again.

If I’m looking for political favors from a US Senator, I’m not sure bribing their spouse in secret is a strategy for success.

The judge issued the punishment in court. The driver was never charged with anything related such as disorderly conduct. Are judges allowed to make **** up in court and punish a defendant for a bad haircut?

A staff member at Thomas Jefferson University could not pronounce Thomas without phonetic spelling assistance?

Your 60s soap opera memes have no meaning to this immigrant.

Palestine and Gaza is not Hamas. An entire generation in Gaza had never seen as Israeli tank until Hamas did October 7.

The US and the rest of the world would not be providing the aid they are if Hamas ran Gaza.

7 hours ago, Cooked Crack said:

 

Is Youngkin really the best that VCU could get as a speaker?

20 minutes ago, CousinsCowgirl84 said:

If it is what leads the the words recognition of the Palestinian state why wouldn’t it be?

In recent history, you could pick the date Israel targeted the aid convoy. Or the assault of Raffa. Or the future date when Netanyahu dies. Finding a solution to fix the cluster**** that is this particular part of the Middle East does not have to be seen solely as rewarding Hamas.

13 hours ago, TheGreatBuzz said:

 

 

Who is stating that October 7 would be Palestinian Independence Day?

2 hours ago, PleaseBlitz said:

I do hope their rival high schools mock them relentlessly and refer to them as the Traitors regardless of what their real mascot is, and wave many American flags when they play against them in sports, and play the Battle Hymn of the Republic at every intermission. 

For game days opposing schools should rename themselves Philip Sheridan High School as a reminder of what happens to traitorous scum.

1 hour ago, tshile said:

 

but if you’re starting from the stand point there can be no other reason but this one specific reason, and deciding what other people think and why for them, there’s really nowhere to go from there. 

The HS in Shenandoah County was named in 1959 as a response in opposition to Brown vs Board of Education and attempts to end segregation. It was opened as a high school for whites only. Minorities were bussed to other schools.

There is no doubt that it was created to implement racial hierarchy. You may have different associations with Stonewall Jackson but the people choosing to name the school after him were very clear on their one specific reason.

51 minutes ago, TD_washingtonredskins said:

every topic is completely black and white in here

Interesting choice of phrase.

POINT: Enslaving black people is bad and the white people who fought their countrymen to continue this abomination should not be honored on our publically funded buildings.

COUNTERPOINT: The argument is NOT black and white but so nuanced only a local person could understand it.

Weren't Stonewall Jackson and Lee heros for the Union cause? Their wasteful loss of troops and military resources helped ensure a Union victory. Someone who had a basic understanding of military strategy would understand that it was a war of attrition and the Union had more to waste.

Maybe if we portrayed history more accurately the losers would be less inclined to put Jackson and Lee's names on all the buildings.

2 hours ago, CousinsCowgirl84 said:

It depends on what they said about it internally. Eg, if outwardly they were saying 2017 but internally they thought 2025, that would be fraud. But if they were saying it internally and outwardly then fraud is much harder to prove. Being wrong isnt fraud.

 

 

In the linked article ...

A Tesla engineer testified in 2022 in a lawsuit over a fatal crash involving Autopilot that one of the videos, posted in October 2016, intended to show the technology’s potential and did not accurately portray its capabilities at the time. Musk nevertheless posted the video on social media, writing: “Tesla drives itself (no human input at all) thru urban streets to highway streets, then finds a parking spot.”

That's pretty clear that Musk was misrepresenting to the public what the car could do at that time. Whether it's labeled FSD is irrelevant.