I should see how my bank investments are going. In marklar of course.
My 401K has gone up 100% since 2009
I should see how my bank investments are going. In marklar of course.
how much did it go down in 2008
I totally have $4.83 stuffed under my mattress, beat that!
Pumpkin futures. That's how I got my pension fund. That together with pork bellies and OJ.
@Casper, so I just read this:
Do you own any international stocks/funds? If so, can you explain this? Why would I be paying foreign taxes?
my retirement fund is doing awesome. Im up 110% and its a ridiculously safe fund.
Even in the depth of the recession, i never dipped below my investment.
And technically that 110% is 210% as my work matches my contribution
I have no experience with international funds. Any international exposure I've had was through ADRs. Sorry.
Yeah, it seems that I can reduce my taxable income in the US by showing that I've paid foreign taxes. I'm just wondering how I will know. I guess I'll maybe get some 1098 for it?
When my friend was trading in Canadian REITs, he said his broker withheld foreign taxes from the dividend payments. So he never had to do anything as far as I know. I'm not sure what that meant for him come tax time -- if those taxes were deductible.
Ya, apparently you get the taxes back as a credit.
http://www.bogleheads.org/wiki/Foreign_tax_credit
I'm not sure that would encourage me to invest overseas. But it certainly doesn't give me reservations about doing so. I've found there to be no shortage of good U.S. investments.
You'd probably be much better off to increase the risk at your age.
edit: And I cheated. Coqui's is way too risky, imho. But it's worked...