What now?

JC-Nismo · 02-05-2016, 04:08 AM

Tax Return + Bank Account = Savings

Just because you have money don't mean you HAVE to spend it, LOL.

scottIN · 02-05-2016, 06:14 AM

401K.
Take that money, invest it for a tax deferred 10% return for the next 25 years. You could buy a couple of 370s at that point.

ped · 02-08-2016, 02:46 PM

Quote:

Originally Posted by scottIN

401K.
Take that money, invest it for a tax deferred 10% return for the next 25 years. You could buy a couple of 370s at that point.

The money is already taxed (it's income tax refund) so it doesn't need to be "tax deferred".

Good luck getting 10% a year for the next 25 years. Hell, good luck getting 10% THIS YEAR. Have you seen the market dropping the last two weeks?

02-05-2016, 04:08 AM	#1 (permalink)
JC-Nismo A True Z Fanatic Join Date: Sep 2014 Location: Atlanta Posts: 1,244 Drives: 2011 Nismo 370z Rep Power: 14	Tax Return + Bank Account = Savings Just because you have money don't mean you HAVE to spend it, LOL. gbrettin and Ghostvette like this.

02-05-2016, 06:14 AM	#2 (permalink)
scottIN Track Member Join Date: Aug 2011 Location: New Castle, Indiana Posts: 764 Drives: '12 370Z Rep Power: 56	401K. Take that money, invest it for a tax deferred 10% return for the next 25 years. You could buy a couple of 370s at that point. onzedge, 2011 Nismo#91, MarkGideon and 4 others like this.