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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. venividivicibj

    venividivicibj Senior member

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    Because Trump has never backtracked on a claim. Ever.
     


  2. stimulacra

    stimulacra Senior member

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    In my experience, I've come across three different types of approaches to 401k:

    1) They don't contribute
    2) They contribute to the company match
    3) They max out the full amount

    People in bucket #3 would likely be within the GOP's base (The tilt towards fiscal and personal responsibility and maxing out every possible tax deduction) so I find the move to be a bit befuddling.

    With that said, I have to imagine savvy Republicans have other alternatives; HSA plans, Roth IRA's that they can migrate to that they are more likely to be aware of. Among recent grads 401k has become synomous with what defined benefit pension plans used to be so that mainstream recognition might have made it a target.

    It would make more sense politically to target limiting HSA, Roth IRA's and Roth 401k's since those are a bit more removed from the mainstream (affects less people) and the tax revenue from them wouldn't be insignificant although possibly impossible to truly quantify compared to imposing limits on pre-tax contributions.
     


  3. budapest12

    budapest12 Senior member

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    I know a shit ton of liberals who max out their 401(k)s. Like conservatives who do the same (1) they can afford to and (2) know it's dumb for them not to.
     


  4. Piobaire

    Piobaire Not left of center?

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    I'm constantly concerned I'm not saving enough.
     


  5. venividivicibj

    venividivicibj Senior member

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    4) want to contribute the max but can't afford it.
     


  6. jcman311

    jcman311 Senior member

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    Hence your downturn in posting here and large activity gain on bogleheads.org
     


  7. imatlas

    imatlas Senior member

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    It’s asinine to categorize people’s savings by their politics. It says everything about your assumptions and nothing about reality.
     


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