Re: Here is an interesting View of how IRA work !!!

Posted by John_PA on January 05, 2015 at 22:05:00 from (71.182.160.3):

In Reply to: Here is an interesting View of how IRA work !!! posted by JD Seller on January 05, 2015 at 17:23:16:

you should put 20% of your retirement in scratch off tickets, 40% in state lotto, and 40% into powerball/mega millions.

You'd at least be honest with yourself and not expect much to be left in there.

Hindsight is 20/20 though. IF I knew what would have happened out your way in 2012, I would have planted 300 acres of corn instead of 100 acres. Then, I would be able to carry myself well through this time of $4 corn. (Call it $3 corn, I'm stuck with transport costs and drying. No bins, no truck/trailer)

Also, if you cold have bought acres at $4000 per acre years ago, that are now worth $10,000-12,000 per acre, your return on investment would be astounding.

Hope you are feeling better from your flu before Christmas. This weather doesn't help.

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