Kevin Slater

No regrets here! 
In 2020, I made an "Emergency Withdrawal" (allowed in 2020 for anyone who had proof of a COVID diagnosis that year) and drained my traditional IRA in order to cash flow my maximum contributions to my Roth IRA and Roth 401k for a few years.  Because of the "Emergency Withdrawal" legislation, I avoided the 10% penalty and was able to spread the withdrawal income out over 3 years on reported income taxes.  I'm so happy I did that!  It's better for me to have the taxes out of the way and for all that money to grow tax-free for the next few decades.

I have done both Roth conversions and Roth 401k contributions for many years. Given how many years I have left before retirement it makes sense for me. Never regretted it - but you may want to talk it over with your tax preparer/CPA ahead of time. Especially if you have more than one IRA account it gets very complicated how your conversion will be allocates across the various IRA accounts. 

Maybe it’s because it was too hard to get the dead ones to sign…..

Reminder: this is a forum to discuss the markets and finance, not other posters.

Every five to seven years, people forget that the Dow has a correction every five to seven years.
Kevin Slater

Reminder: this is a forum to discuss the markets and finance, not other posters.

If your CD rate matches the inflation rate, then you’re sinking because you have to pay taxes on the CD’s interest.

I would find that very hard to believe. 
Kevin Slater

He's great.
 
Kevin Slater

Yup. And again, I’m sorry ‘bout those. 
Kevin Slater 

His ad clearly states he's currently in Spain, so there's that.
Kevin Slater

Because the dozen or so posts above, two within the last month saying he's ripped etc., aren't enough?
Kevin Slater

Didn't say that I hired him.
Kevin Slater

Meet with him often.  Hotter than ever.
 
Kevin Slater

You might put like one charge a year on that backup card just to keep it open and in good standing.
Kevin Slater

Little did I know that this would start coming true in just a few weeks. As Harold McMillan said to JFK, “events my dear boy”. 
Harold McMillan was the British prime  minister when JFK was president.

as the saying goes: "Time in the market is more important than Timing the market"

Every five to seven years, people forget that the Dow has a correction every five to seven years.
Kevin Slater

Every five to seven years, people forget that the Dow has a correction every five to seven years.
Kevin Slater

Every five to seven years, people forget that the Dow has a correction every five to seven years.
Kevin Slater

Every five to seven years, people forget that the Dow has a correction every five to seven years.
Kevin Slater

Looks like the honeymoon with CDs is coming to an end. With the Feds lowering interest rates, the trickle down effect is taking its toll. Every Tuesday Citibank posts its new interest rates. This is their best:
5-Month CD 
APY
3.50% to 3.70%

Inflation numbers will be suspect until we get a year away from the (previous) government shutdown.  While the BLS wasn't collecting data throughout the shutdown, they simply assumed the same price as last time they checked.  It'll take a full year for those acknowledged bad numbers exit the equation.
Kevin Slater 

Inflation numbers will be suspect until we get a year away from the (previous) government shutdown.  While the BLS wasn't collecting data throughout the shutdown, they simply assumed the same price as last time they checked.  It'll take a full year for those acknowledged bad numbers exit the equation.
Kevin Slater 

Inflation numbers will be suspect until we get a year away from the (previous) government shutdown.  While the BLS wasn't collecting data throughout the shutdown, they simply assumed the same price as last time they checked.  It'll take a full year for those acknowledged bad numbers exit the equation.
Kevin Slater