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KFC911 KFC911 is offline
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Join Date: Apr 2002
Posts: 30,911
Quote:
Originally Posted by Chocaholic View Post
Dogecoin. My daughter told me to get some in January. I didn’t. A $1k gamble would be worth $110k today.

Just one of many stupid financial decisions on my part.
If it makes ya feel any better ... I actually lost 50Kish betting on Canadian Pot (stocks) .

That was a WAG (wild azz gamble) on my part, but I knew it and was willing to roll the dice...

Anyone want my advice ?

Regarding IRAs .... I foresee zero changes in cost basis (doesn't really apply imo), nor how distributions are taxed. I have taken 72(t) distributions before (avoiding penalties), and that was always part of my strategy near the end of my corporate rodeos .... I had always planned to exit @ 50 .... then 07-08 happened ... didn't make it that far .

I had had enough.... adios muchachos
Old 05-08-2021, 05:39 AM
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