Whats the difference between a traditional IRA and 401K?

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by Creative_Deficiency 401k is employer, IRA is individual. Traditional contributions are pre-tax and tax deductible, Roth contributions are made with after tax money (i.e. you already paid taxes on your contribution. The contribution itself isn’t taxed.) You can have any combination of these. Traditional or Roth 401ks (if your employer offers them), and traditional or Roth IRAs. To put numbers to poobly’s … Read more

China, the world’s most populous country and the world’s second-largest economy, has said that physical cash may soon become obsolete.

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Authored by James Rickards via The Daily Reckoning, The war on cash has been going on for decades. The U.S. abolished the $500 bill in late 1969. (The old $500 bill featured a portrait of President William McKinley, by the way. I remember seeing a few when I was a kid.) Today’s $100 bill is only … Read more

The Surprising Comeback of Vinyl Records

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by Jim Quinn You will find more infographics at Statista For the 11th time since its conception in 2008, the world will celebrate Record Store Day this Saturday in honor of independently-owned record stores around the globe. Time for us to look at a format that is closely tied to record store culture and has made … Read more

Insane: California gives $330M a year to Hollywood

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by Dr. Eowyn Do California’s taxpayers know that they’re subsidizing America-hating, anti-Second Amendment, pro-abortion, corrupt and debauched Hollywood to the tune of $330 million a year? Matthew Blake reports for Los Angeles Business Journal that on April 17, 2018, a bill to extend California’s motion picture tax credit program sailed through a state Assembly committee without opposition. … Read more

Chart Of The Day – A Mind-Boggling Visual Regarding 3-years Of U.S. Strikes In Syria

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by stockboardasset On April 14, 2018, starting around 4 am Syrian time, the United States, France, and the United Kingdom conducted a missile bombardment with bombers, fighter jets, and ship-based cruise missiles against government sites in Syria. The U.S.-led assault on Syria was in response to the Douma chemical attack against civilians on April 07, which the … Read more

An overview of economic collapse hypothesis

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by Dhosti The end of the dollar Over the centuries several currencies have taken place as the world reserve currency. Today the dollar holds this place having displaced the British Pound as the reserve currency after the Bretton Woods agreement at the end of the WW2. Previously, this status have been held by the dutch … Read more

What being “pre-approved” ACTUALLY means

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by Hufflepuff20 Hello friends! In case you don’t know, I currently work at a credit repair company and I just want to spread a piece of information that I think more people need to know: If you get an email/phone call/ text/ letter from some kind of company (it could be a car company, a loan … Read more

From 1913 to 1965 the Federal Reserve was required to have at least 40% gold backing for the US money supply. Today…

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From 1913 to 1965 the Federal Reserve was required to have at least 40% gold backing for the US money supply Today, Central Banks have taken advantage of its unlimited power by introducing: •Negative Interest Rates •A Cashless Society •Quantitative Easing •Helicopter Money https://twitter.com/GoldTelegraph_/status/988083607494246400

Why So Many Millennials Are Socialists

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by SuperCharged2000 Millennials are simply not that alarmed by the idea of socialism. For instance, a national Reason-Rupe survey found that 53 percent of 18- to 29-year-olds view socialism favorably, compared to only a quarter of Americans over 55. A more recent January YouGov survey found that 43 percent of respondents younger than 30 viewed … Read more

Nancy Pelosi Is Over ‘Crumbs’ – Her New Catchphrase Is a MILLION TIMES Worse

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https://www.youtube.com/watch?v=yHzolJzPeFs Justin Caruso for the Daily Caller reports, House Minority Leader Nancy Pelosi apparently has a new catchphrase for the GOP tax cuts: “BS.” Pelosi railed against the Republicans’ “tax scam” at her weekly press conference Thursday. Read More/Source/Credit/FairUse: http://dailycaller.com/2018/04/19/nan…

NBC Anchor Slams Comey, Who Makes Surprising Confession

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https://www.youtube.com/watch?v=BsI4OlrzX5s Ryan Saavedra for the Daily Wire reports, On Wednesday, NBC’s Savannah Guthrie embarrassed former FBI Director James Comey during a segment on the network’s “Today” show, calling him bitter, catty, and biased against President Donald Trump. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/29606/…