I have put a never ending dividend direction on my 401k but, concerned because Washington wants to tax me once as dividends are received to my account for reinvestment. Then, they want a second go at them when I actually retire, as I literally receive the money.
Image by 401K via Flickr really taxes the mind, doesn't it?
Unbelievable! If I’m getting this right, they want to tax me on something I don’t have as income then, they want to tax me again when, I literally get the income. Isn’t that rich……..for somebody?
The markets had a decent day, yesterday but, a couple of my limit buys were exercised on reversals that occur for many reasons or, no reason at all even when, the market is doing well. Looks like bulls in the majority at today’s open…….
Earlier this morning, it appeared the bears had a stronghold in the pre-markets but, as CNBC.com reports, China made a sweeping financial move, and the pre-markets reversed accordingly.
