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How much of your after tax income do you save/invest?

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 02:55 PM
Original message
Poll question: How much of your after tax income do you save/invest?
Edited on Sun Feb-13-11 02:56 PM by RB TexLa



had to edit to include "none" "0" wouldn't show as an option
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 02:57 PM
Response to Original message
1. Sweet fuck all
I'm semi-retired anyway and a firm believer that you can't take it with you.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 03:12 PM
Response to Reply #1
4. that is so true
Almost kicked the old bucket myself in 2009 and you are right, you cannot take it with you and 1% on a savings acct. (if lucky) gives one little incentive to "save". :grr:

:dem:

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lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 02:59 PM
Response to Original message
2. Looking forward to being foreclosed next
Edited on Sun Feb-13-11 03:00 PM by lunatica
I have a job but don't make enough for a loan modification.

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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 03:00 PM
Response to Original message
3. banks are so bloated with cash they are paying next to zero for interesting on savings nt
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 03:16 PM
Response to Original message
5. Working on taxes at the moment. Now, what after tax income is that?
It goes for food, utilities and insurance.

Ask the grocer, utility owners and insurance companies what they are doing with my after-tax income. They have a better chance of having some.

I'm retired and they are going to hit me this year, from the sounds of it.
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 03:21 PM
Response to Reply #5
7. We are both retired, and have practically the same income for the last three
years.

Last year was a refund of about $1,100, this year I write a check for $220. We did not change any withholdings, no changes in anything else, no car purchase since 2004.

We are about the 13% level as far as fed inc tax burden goes on adjusted gross income.
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 10:04 PM
Response to Reply #7
14. I'm getting close enough to do a rough estimate, but I think I'll end up paying in.
This was a surprise, as I figured we'd be the last group to get hit. That makes me even angrier about the break for the wealthiest. Seems I'm always a day late and a dollar short.

Oh, well. I appreciate the benefits I do get.
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Curmudgeoness Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 03:18 PM
Response to Original message
6. Although interest rates on savings suck,
the peace of mind I get from having a cushion is invaluable. I make every effort to live below my means and save when times are good for me (raised by depression era parents who instilled that thought process on all of us). When hard times come my way, I can still breathe.
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 03:25 PM
Response to Original message
8. These polls are always bad ideas
In this culture financial failure is moral failure.

Americans would sooner admit to having regular sex with gerbils than "confess" that they are poor
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RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 04:14 PM
Response to Reply #8
9. Yep, many Americans suffer financial hardship alone and in quietness thinking
they were responsible for their failure to live a life of wealth. That's the propaganda fostered in the country today as the real criminals that wrecked the financial holdings of many go free and heap more rewards upon themselves with unbridled greed.
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sufrommich Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 04:16 PM
Response to Original message
10. I'll try to save half of it. The rest will go toward small home
improvements.
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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 05:28 PM
Response to Original message
11. About 30%. n/t
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Xenotime Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 06:15 PM
Response to Original message
12. you are dumb to invest in teh stock market..it's rigged.
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cbdo2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 06:52 PM
Response to Reply #12
13. bwa hahahaha hahahaha hahahahahahaha
Comments like these are always hilarious.

Let's see...get 10% on my money in something that's "rigged" or don't get any money from my money.....hmmmmm, tough choice there.....

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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 10:18 PM
Response to Reply #13
15. Easy choice, I throw out everything that is not a proper correction.
Edited on Sun Feb-13-11 10:24 PM by RandomThoughts
Just share it with anyone that wants it, it does not correct the beer and travel money that is due, and might help someone somewhere, so :shrug:

Yea 0% on nothing is the same as 10% on nothing.

Then destroy those that thought they were stealing it based on 'intent'.

Those that see it just as sharing, that's different, and no problems with that, although that group would also correct the beer and travel money if they were able to.
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Kali Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 10:19 PM
Response to Original message
16. SAVE OR INVEST?
:spray: :rofl: :rofl: :rofl:

:eyes:
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 10:21 PM
Response to Reply #16
17. I don't see what's funny
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Kali Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 10:23 PM
Response to Reply #17
18. If I don't laugh, I'll cry.
Edited on Sun Feb-13-11 10:24 PM by Kali
not much $$$ in my life to save or invest

although I do have access to an ancient form of wealth/investment - I do own a few cows.
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AngryAmish Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-11 10:25 PM
Response to Original message
19. I invest in coke and hookers
nothing else
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