Raise time.

What are you going to do with your raise?

  • Put in 401k

    Votes: 23 62.2%
  • Spend it.

    Votes: 14 37.8%

  • Total voters
    37
  • Poll closed .

BakerMayfield2018

Fight the power.
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@hyena
 

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brownmvp

Well-Known Member
Went FT in late Jan. so this is year 1 of FT PCD progression.. Question is do we still get 70 cent raise in aug as well or do we only get progession raise on our seniority date? (Southern Supplement)
 

Man Of Brown

Well-Known Member
Western region would be no raise only progression raises. You had to have made seniority before the contract date. Not sure on southern though.
 

NXA

Well-Known Member
Me either. Why wouldn't everyone be saving that for retirement? You won't miss it to begin with
While I will prob boost 401k, there are reasons for the other options, including the $17k annual limit to the tax shelter, really great real estate deals popping up, political campaign contributions, and the Volvo C30 is so, so cute.
 

JL 0513

Well-Known Member
I can't belive this thread is a 50/50 split.

One reason could be that when the next fiscal collapse occurs (not too far away) at least half of your 401k will be gone. Perhaps it's better to use the money on tangible assets now. People lost half in 2008, the next one will be much worse.
 
Iv
One reason could be that when the next fiscal collapse occurs (not too far away) at least half of your 401k will be gone. Perhaps it's better to use the money on tangible assets now. People lost half in 2008, the next one will be much worse.
I've made it back plus much more. But it is alawys good to pay down debt.
 

Brownslave688

You want a toe? I can get you a toe.
One reason could be that when the next fiscal collapse occurs (not too far away) at least half of your 401k will be gone. Perhaps it's better to use the money on tangible assets now. People lost half in 2008, the next one will be much worse.
Your "tangible" assets won't be worth squat either.


I hope it tanks again. Gives me a chance to buy low.


Like I tell the wife if the stock market collapses to the point that we have no money left. Survival will be the only thing we are worried about. Not how much money we lost.
 
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