***The Official 2012 Merge Regulars Thread***

[raradevils]

Originally Posted by DiscoBisco

just make sure you're in a good mood and a comfortable environment. mushrooms are one of those drugs where things can change really quickly into a panic mode. bad trips suck, I've had a couple of them.

so sorry to hear that......not my cup of tea anymore....

One of the best/interesting experiences was when I was stationed of the coast of Beirut in '83....buddy got a "care package" of stamps in the mail. There were 6 of us tripping our xss''s off on the front of the ship watching tracer fire in the hills. Then to see the NJ battleship fire it's guns and light up the whole sky. Followed by having the grateful dead in concert as the night movie......interesting to say the least...at the completion of the movie it was only the 6 of us watching the movie and requesting a "do over".

[raradevils]

Originally Posted by RAW_FORCE

am i missing something or is investing most of my available cash in a SEP IRA a good play?

glad to hear you are planning for the future...

With taxes so low, why would you not just invest the money (even 50/50) and pay 15% cap gains taxes? This way you have ready access should you decide to use the money for down payment on house without penalty

[RAW_FORCE]

but i want to avoid paying taxes nowwww. wont it be taxed at a lower rate when i start drawing on it when im an old geezer?

[K_2]

give 30 thousand to your wife, the government allows a 1 time tax-free gift of 30k to your spouse, you keep all of it....go ask the irs they'll say the same thing. i actually feel kinda stupid telling you as i know u woulda done it anyway

[raradevils]

Originally Posted by RAW_FORCE

but i want to avoid paying taxes nowwww. wont it be taxed at a lower rate when i start drawing on it when im an old geezer?

but you know what the tax rate is now...you don't know what it will be in the future(could be 10%-50%)...and you only pay 15% on cap gains when you sell stock

Please talk to a financial planner. If you need a name of one I can recommend him (pm me) i can tell you this about him. He handles all my investments. To give you an example of how good he does in '08 from June to June of '09 we lost ZERO. We didn't make anything but most people lost 1/2 the value of their investments.

[MaliceUW]

Originally Posted by RAW_FORCE

am i missing something or is investing most of my available cash in a SEP IRA a good play?

ew

[raradevils]

Originally Posted by K_2

give 30 thousand to your wife, the government allows a 1 time tax-free gift of 30k to your spouse, you keep all of it....go ask the irs they'll say the same thing. i actually feel kinda stupid telling you as i know u woulda done it anyway

one of my all time fav movies

[DoubleFly]

Originally Posted by K_2

give 30 thousand to your wife, the government allows a 1 time tax-free gift of 30k to your spouse, you keep all of it....go ask the irs they'll say the same thing. i actually feel kinda stupid telling you as i know u woulda done it anyway

this can't be right. you been watching Shawshank again?

[DoubleFly]

Originally Posted by raradevils

one of my all time fav movies

ah... got it now.

[vinivici9586]

Originally Posted by MaliceUW

ew

continue...

[juan valdez]

Originally Posted by Jah Onion

it's more about introspection, learning things about yourself that you didn't know and looking at life thru a perspective u've never had before.

i agree with this but i think the term psychedelics is too general. trying something natural like mushrooms is different than LSD. dont bother with stuff like LSD imo

ive never done yoga or meditated but from what i understand people are able to go deep and sort some shlt out. tripping on drugs may provide you with another perspective but it also comes with risks. i had a friend in highschool who was in to hip hop etc and one summer him and some guys started doing acid all the time but then stopped by the end of summer. by the time we graduated my buddy had dreadlocks (white guy) and is now living in some hippy community on a small island (true story). the drugs clearly affected him. did they enlighten him to pursue this lifestyle or alter him to become a different person that enjoys the lifestyle?

the downside risk of suggesting ucd try yoga is he may get some funny looks while hes contorting himself in tight clothing

[pattay]

Originally Posted by raradevils

but you know what the tax rate is now...you don't know what it will be in the future(could be 10%-50%)...and you only pay 15% on cap gains when you sell stock

Please talk to a financial planner. If you need a name of one I can recommend him (pm me) i can tell you this about him. He handles all my investments. To give you an example of how good he does in '08 from June to June of '09 we lost ZERO. We didn't make anything but most people lost 1/2 the value of their investments.

in order to invest in stocks and get the capital gains 15% rate, you will need to report it as income now, thus pay taxes on it. you get a tax break from stock appreciation and dividends, not the original principal you buy the stock with. a SEP is a great idea for someone making a decent amount now, as long as they have plenty other monies for big future purchases like a house or something.

plus there are so few FP'ers that are actually beating the market that will do low (couple 100k ish) portfolios, it's much more likely your guy ran hot than anything is an amazing planner. sorry in advance if you have a portfolio in the millions, because then it is more likely your guy is good otherwise

[RAW_FORCE]

Originally Posted by vinivici9586

continue...

yes please, you have all of my ears

couple 100k ish? i got about 350 where does that leave me?

[K_2]

[Jah Onion]

trying something natural like mushrooms is different than LSD. dont bother with stuff like LSD imo

eh, to each his own. i've had amazing experiences on LSD and the only prob i have with it is the massive 8-12h length of the trip leaves you exhausted afterwards.

did they enlighten him to pursue this lifestyle or alter him to become a different person that enjoys the lifestyle?

it seems to me that the two are equivalent