Recent content by mathjak107

  1. M

    Will Be Done With Citibank Banking

    so we went to citi today and no problem doing the deal every 180 days . however it is 180 days from the statement closing date not the date you closed the account .... so in 2 weeks we can go back and do the promo's again .
  2. M

    Will Be Done With Citibank Banking

    i got a .56 cent check from our chase card because it was sitting on the account at the quarters end
  3. M

    Will Be Done With Citibank Banking

    the citi deal is exactly as stated . we have done it before .... we closed our account after getting a 1200 dollar bonus last time ... today we are going to do a 1500 dollar bonus deal ..
  4. M

    Will Be Done With Citibank Banking

    i have no love for any bank but i certainly will take their money or profit off their stock
  5. M

    Is the stock market slide over?

    i dont think there are many of us that have high hopes for the markets just by looking around us . the good news is bull markets rarely end with so much pessimism .... rarely does what we all see and think is eminent play out that way . but i do have to say i too am the most defensive i...
  6. M

    Is the stock market slide over?

    Best results usually require nudging a portfolio like steering a big ship to keep it on course ...not every investment is going to be a good choice at times ..... we see that today in long term bonds as they have been having an awful slide. one can still be in bonds but bonds you would use...
  7. M

    Will Be Done With Citibank Banking

    we learned we can do the citi promo again after 180 days . so the last ones we did that got us 1100 bucks for 90 days went very well . so tomorrow we will look in to doing the deals again . 50k gets you 700 bucks . if a husband and wife do 50k that is 1400 plus they generally give us 100 bucks...
  8. M

    I wonder how many get back what they pay to Social Security.

    So few delay to 70 it is really a moot point..the fra points and 62 are the biggies..it increased just a bit more recently towards the later years the last decade but nothing to speak of
  9. M

    I wonder how many get back what they pay to Social Security.

    I got hit one year by the surcharges ...they really suck ..... the problem is seniors are getting hammered on once in a life time sales ...plus these sales , while large lump sums do not represent much income draw ....yet they will pay thousands more than a peer who simply sold pre medicare ...
  10. M

    I wonder how many get back what they pay to Social Security.

    we actually can pay tax 2x on ss . we are taxed on the money that goes in to fica and then if we are taxed on ss when we get it , that money is taxed again . it is like taxing a roth if your ss gets taxed .
  11. M

    I wonder how many get back what they pay to Social Security.

    actually if one delays ss to 70 and one in a couple reaches 90 which is almost a 50% chance then ss generates a 5% real return which equals a balanced portfolio
  12. M

    I wonder how many get back what they pay to Social Security.

    ss is the best annuity money can buy ...it pays more than any annuity , it is inflation adjusted and it can pass to a spouse .
  13. M

    I wonder how many get back what they pay to Social Security.

    the gov't is not allowed to own stocks of public companies since that would be ownership by the gov't of public and private companies . so fixed income is their only choice . ss is not an investment , it is an annuity .... its is like buying a pension not a stock market investment
  14. M

    I wonder how many get back what they pay to Social Security.

    you just don't file ...ss declined ...... like any annuity program those who die pay for those who live
  15. M

    I wonder how many get back what they pay to Social Security.

    not the same thing . ss is an insurance product like an annuity is an insurance product , not like auto insurance ...we all want to collect from an annuity we bought
Top