Originally Posted by petegz28:
Employer Match Does Not Count Toward the 401(k) Limit
You can only contribute a certain amount to your 401(k) each year. For 2019, that limits stands at $19,000. In 2020, the limit is expected to rise to $19,500.
For us non-401 K’rs...
One of the benefits of of being self employed - SEP IRA’s. You can contribute Up to 25% of your salary toward your SEP contribution at a max of $57,000 in 2020 (pre-tax dollars). I do this every year. [Reply]
The delisting of Chinese companies has me worried about my position in BABA. they’re solid as a company but that could wreck US investors invested in it. [Reply]
Originally Posted by scho63:
The level of pessimism being bandied about is pretty surreal. Markets normally never go down when things are this pessimistic.
Lots of good value in the market. I bumped up my 401K contributions to the MAX at Amazon, including a good chunk going into AMZN stock.
"Bull Markets begin on Pessimism,
Grow on Skepticism,
Flourish on Optimism
and Die on Euphoria."
Sometimes us old dogs know a thing or two.....:-) [Reply]
Today I'm going BACK in the market.
I've learned that I would probably be about even right now if I hadn't touched it.
I've lost about 10% through it all.
Would do it all over again for the sense of security. [Reply]
