Official Investing Thread

**phillyfan** · 05-07-2012, 09:50 AM

Originally Posted by GF-22a

On the taking loan from your 401...any interest you pay you pay to yourself. It cost me $50 for my loan and I was able to pay it back in 5 years.

What most don't realize is that you will pay tax twice on the interest you pay yourself. You are paying interest to yourself with after tax payroll deductions and you will be taxed again when you distribute those funds upon retirement.

**The Black Hand** · 05-15-2012, 02:46 PM

How much Facebook are you buying?

**phillyfan** · 05-15-2012, 02:51 PM

All my money is in myspace. It's going to make a comeback.

**4 Car Garage** · 05-16-2012, 07:53 PM

Originally Posted by phillyfan

What most don't realize is that you will pay tax twice on the interest you pay yourself. You are paying interest to yourself with after tax payroll deductions and you will be taxed again when you distribute those funds upon retirement.

You don't pay it back with pre-tax dollars?

**pGekko** · 05-16-2012, 07:58 PM

Originally Posted by The Black Hand

How much Facebook are you buying?

Selling.

**phillyfan** · 05-17-2012, 07:11 AM

I have no idea if FB stock will go up or down, but it will have nothing to do with what the company is worth. Wouldn't touch it.

**pGekko** · 05-17-2012, 03:46 PM

This is getting depressing.

**phillyfan** · 05-17-2012, 03:49 PM

Watching the market is similar to watching the Tigers lately. I had a feeling that the 10-12% return we got in January was going to be as good as it was going to get for the year.

**GaryAngel** · 05-17-2012, 05:58 PM

Originally Posted by phillyfan

Watching the market is similar to watching the Tigers lately. I had a feeling that the 10-12% return we got in January was going to be as good as it was going to get for the year.

If you look at the over all trends of the market historically, it goes up about 30% of the time, 20% down and 50% it goes really nowhere.

**aaugusti** · 05-18-2012, 07:25 PM

Originally Posted by phillyfan

I have no idea if FB stock will go up or down, but it will have nothing to do with what the company is worth. Wouldn't touch it.

It will be fun to watch the dilution of the stock that is going to start in 90 days.

On to something more positive, I am thinking of making a small speculative play on Sprint. At 2.34 a share there could be some value there.