Livefyre Profile

Activity Stream

I eat all of these except beets and kale. I didn't realize beets were so nutritious. Kale... if yuck were really a word I would say "yuck kale".  I regularly hear that kale is very nutritious but I have tried it and I hate it. I suppose my problem is that I don't know how to cook it. 

I am surprised that you didn't mention broccoli.

1 year, 9 months ago on 7 Inexpensive Powerhouse Foods to Add to Your Diet for National Nutrition Month

Reply

I understand and agree with 12 of your 13 things that scare the bejeezus out of you. I even agree with Carlos Wiener about the Halloween candy. The Roth IRA confuses me, though. It seems to me like a Roth makes sense only if you think you will be in a higher tax bracket after retirement. When I retire, I will need less income.  So suppose I have $100,000 in taxable income now. When I retire I will need to pull only around $50,000 from my retirement savings, thus lowering my tax bracket considerably. Won't it make more sense to NOT pay taxes today (30+ percent) and instead do pay on my withdrawals when I retire (20% or thereabouts)?

2 years, 1 month ago on 13 Money Moves That Scare the Heck Out of Me

Reply

I agree with Mr. Sammy. Owning a rental for a mere $2000 per year might be more hassle than it's worth. I'd count on the middle ground between your $400 and $2000 so chances are you will be pulling an even more mere $1200 per year. $100 per month. Start a lawn mowing service and mow four lawns and you can rake in $100, plus you get exercise, resulting in better health and then lower medical bills! On the other hand, if you have to sell for a steep discount from purchase price, that's not so good either. Selling for less than the purchase price may not be all that bad, though, if you are wise and do not consider a home as an investment. Think of a home as a necessary part of life--you need a roof over your head. Compare outflow of cash from renting for five years to the net loss of selling (current value minus original sales price).  If the second number is equal or greater than the first number, then in my humble opinion selling for less than purchase price is NOT considered losing money from selling a house that drops in value.

2 years, 6 months ago on My First Rental Property: Not Really a Great Investment

Reply