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 Post subject: Thanks Obama
PostPosted: Wed Sep 13, 2017 6:44 pm 
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Location: Wilmington, NC
I've been all pissy lately because I found out most SIMPLE IRAs for small businesses charge about 5.75% of contributions as a management fee. What fuddernutter investment is worth it with a 5.75% ding right out the gate? I met with our office's financial manager today and he said new regulations from Obama are about to start that make that fee illegal. Now its about 1% of contributions with a very small management fee (0.3%). 401ks are subject to all sorts of regulations but simple IRAs fell through the cracks. I can finally say...thanks Obama.


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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 6:48 pm 
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Regulated markets rarely benefit the consumer. Hell, they never benefit the consumer.

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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 6:53 pm 
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Right. I'd much rather pay the criminal 5.75%.


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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 6:54 pm 
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How big is my Maine Coon gonna get?

He is 6 months old and probably 10 or 11 pounds.

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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 6:55 pm 
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His name is Norton, but that probably is not necessary to know.

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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 6:59 pm 
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regulations are for the public benefit.

regulatory capture is the corruption of regulation to benefit the corporations.

distinguish the two.


5.75 percent. sheesh.


asshole's


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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 7:03 pm 
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markqlicker wrote:
How big is my Maine Coon gonna get?

He is 6 months old and probably 10 or 11 pounds.


typically 18 lbs or so. Just make sure they keep tabs on their ticker...maine coons tend to get some nasty heart issues.


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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 7:56 pm 
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And brush her twice a week.

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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 7:57 pm 
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Catch22 wrote:
And brush her twice a week.


Im sure Mark is used to brushing his here kitty kittys fur


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 Post subject: Re: Thanks Obama
PostPosted: Wed Sep 13, 2017 8:03 pm 
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This thread might have set a derailment record.

:D

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