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TAX SEASON...

Posted: Mon Jan 26, 2015 5:57 am
by uPgradE
Its tax season here in the U S of A!
Most people get a return from the Government..

So, US folks... (not familiar with other countries taxes..)

....how many lvls you gonna buy with your return?

Im thinking only +100
use rest to fix the Jeep and pay down credit card..

Re: TAX SEASON...

Posted: Mon Jan 26, 2015 11:04 am
by naomi
i wont have income tax return, instead i have to pay :(

Re: TAX SEASON...

Posted: Mon Jan 26, 2015 1:54 pm
by Cleopatra
I have 3 kids so I get alot back...but we also need our van out of the shop. I might spend $200..... maybe.

Re: TAX SEASON...

Posted: Mon Jan 26, 2015 6:36 pm
by rearrow
allways paying, no returns:(

Re: TAX SEASON...

Posted: Tue Jan 27, 2015 5:29 pm
by Tnickel
If your getting a tax return your not doing your taxes right. If you ask me government sucks at money management, for little as 100 a month and 45 years time with low risk investment you could retire with 850,000 dollars

Re: TAX SEASON...

Posted: Tue Jan 27, 2015 5:37 pm
by Asmodeous
What would be the payout of a low risk investment? Because if you did 45 years worth of $100 a month into an account. Wont that be about 54k? Youd be making 15.74 times that amount using low risk investments.

Might do some research. Seems interesting.

Re: TAX SEASON...

Posted: Tue Jan 27, 2015 5:46 pm
by Tnickel
Look into mutal fund accounts and what you not looking at is through the years you get interest so looks slow at first but as your interest builds you collect more interest on your interest if this makes sense

Re: TAX SEASON...

Posted: Tue Jan 27, 2015 5:57 pm
by Asmodeous
Yeah. I figured that. Just didnt know what the interest would be. Its worth looking into and perhaps how to speed it up too.

Re: TAX SEASON...

Posted: Tue Jan 27, 2015 6:10 pm
by Tnickel
Interest vaires from 8% to 15% apr

Re: TAX SEASON...

Posted: Sat Jan 31, 2015 4:42 pm
by dragkardragcar
Oh nice for you my government will find q way to take my savings to rob my refundes and to say that i n3ed to serve the country more often. lol