Brownslave688
You want a toe? I can get you a toe.
You just explained why you should do dollar cost averaging.
Dollar cost averaging is exactly the opposite of timing the market. Putting a lump sum in is trying to time the market.
Can I withdraw ROTH 401K somehow?
- Thread starter Smooth_Loader
- Start date
Dollar cost averaging is exactly the opposite of timing the market. Putting a lump sum in is trying to time the market.
I understand that, if you have extra money laying around it tends to disappear. But you ate probably better off loading up in the summer wgwh the market usually goes down.. buy low.
Yaba Daba Do
Donkey Punch Extraordinaire
If you have the money available and don’t have to wait til you get paid each week to buy into the market, historically you are better off putting it all in when you have it. Time in the market beats timing the market. While this year hasn’t been great you would have come out way ahead if you put a lump sum in at the beginning of this year and last year.
Yaba Daba Do
Donkey Punch Extraordinaire
I don’t feel like looking it up right now but if you google dollar cost averaging versus lump sum investing it should bring up articles by people who have studied this.
2007 and 2008 didn't go well either
Brownslave688
You want a toe? I can get you a toe.
Yeah the only difference is you can really lump sum it.
With the 35% cap you're stuck some where in the middle in no man's land.
35% would give @Future about a 3k annual contribution
Yaba Daba Do
Donkey Punch Extraordinaire
That’s why I was asking if anyone knew why they do this. I don’t understand why they would put a weekly cap on it.
IRS rules
Brownslave688
You want a toe? I can get you a toe.
Partially to protect people from themselves.
Also most 401k plans have a match so it makes sense to spread it out over the year in that instance also
I'm hoping for some kind of a match this contract regardless I got my steiks fund ready
Brownslave688
You want a toe? I can get you a toe.
3% would be nice But so many pensions are in trouble the union is just gonna double down and try and get more money in them.
No. It's bad. UPS is doing their part by making the contributions to the pension but they atenar getting their moneys worth.
Brownslave688
You want a toe? I can get you a toe.
Employees aren't getting their monies worth either
ing 
DriveInDriveOut
Inordinately Right
Gonna share?
I'll take mine medium rare.
Yaba Daba Do
Donkey Punch Extraordinaire
I’d rather get a buyout for the pension credits I’ve already received and have ups contribute what they now contribute to my pension to my 401k instead. It will never happen but it’s nice to dream every once in a while.
You're welcome
Yaba Daba Do
Donkey Punch Extraordinaire
They would be if the pension contributions went into their personal 401k, where they could control the investments, instead of a multi employer pension. The union would never let this happen but it would be much better for the individual. Correction... most individuals. There are will always be those that you have to protect from themselves, which is one of the purposes of a pension to begin with.
Brownslave688
You want a toe? I can get you a toe.
I 100% agree with this
