Ask Rande 10,000+

Top 85. Sep 10, 2001 11:46 AM

» dewam - Re: Bid Deal

In response to message posted by KLR:

KLR, you seem to have forgotten when Rande was pounding the table about those bond yields above 6.25% An excellent example of market timing at its best-- oops--- I mean asset reallocation smile

Thanks Rande you have been a positive influence in my life. Den

-- posted by dewam

Top 86. Sep 10, 2001 11:50 AM

» DennisL - Roth IRA Contribution Question

Good day, Rande. Time for my first question on the 10,000+ thread.

I am certain that in 2002, my AGI will fall somewhere in the range of $95K - $110K, so that the maximum contribution that I will be allowed to make to my Roth IRA will be reduced (filing as a single person). The problem is, I don't know EXACTLY what my AGI will be due to the variability of investment income.

Financial advisors have always preached to make your IRA contribution on the first business day of each new year in order to get the money working for you as soon as possible. If I do that, though, without knowing ahead of time what my AGI will be, don't I run the risk of over-contributing, thereby leading to a penalty later on down the road? For that reason, should I wait until January 2003 to make my contribution for 2002, since I will at that time know exactly how much I will be allowed to contribute?

As always, TIA, big guy.

-- posted by DennisL

Top 87. Sep 10, 2001 1:26 PM

» Rande - Re: Roth IRA Contribution Question

In response to message posted by DennisL:

Dennis,

There's a process to reverse a contribution without penalty prior to the due date of the return. Ideally, it's nicer to get the money working sooner rather than later, but given the amount in question relative to the hassle of reversing the process I'd just wait to be sure the contribution is allowable before making it.

-- posted by Rande

Top 88. Sep 10, 2001 2:06 PM

» mp23 - 10K posts

Congratulations. Your work is appreciated.

-- posted by mp23

Top 89. Sep 10, 2001 4:38 PM

» SteveT - Rande, Thank you for all your efforts here on our behalf.

Rande, Thank you for all your efforts here on our behalf. I feel that I am a pretty good judge of character. It is my opinion you have integrity beyond reproach. I can really tell you have a passion for what you do. We are all better off having interacted with you. Thanks for making a difference in my life and that of my family. I can not wait to read AR 20,000.

-- posted by SteveT

Top 90. Sep 10, 2001 7:18 PM

» Rande - Re: Rande, Thank you for all your efforts here on our behalf.

In response to message posted by SteveT:

Once again, many thanks to all. Steve, "making a difference" for the better is as much as anyone could ask for. Thanks.

Now, let's get back to it....

-- posted by Rande

Top 91. Sep 10, 2001 7:29 PM

» Gene - Belated congrats!

Rande, A Belated Congratulations on all you have done helping folks with 10,000 Posts!

I was sitting here with my Dow 10,000 hat, Nikkei 10,000 hat and Rande 10,000 hat and YOURS WON!

Gene

-- posted by Gene

Top 92. Sep 10, 2001 8:09 PM

» Q_out - Congrats

Congratulations on this 10,000 milestone here on Suite 101. Of course that doesn't even count all of your contributions to the discussions on other threads.

I thought I'd see how many times your name was cited over on the other site, but they all seem to have disappeared. smile

Q_out

-- posted by Q_out

Top 93. Sep 10, 2001 9:19 PM

» TonyFromGlendale - CONGRATULATIONS

Here in Glendale the auction is about to be held for spots to ride in the Rose Parade on the City float...How about if we get you a spot, and you wear a sash that says "10,000 plus posts on Suite 101" to get the site a little notice. Now the only down side is that you have to get up about 2 in the a.m. to get on the float, and you will probably freeze your butt off during the ride, but you'll get to toast the New Year's Bull with some pretty rose-princess-types...Sincere Congratulations from Glendale. (Next door to Pasadena, Burbank, and Hollywood.)

-- posted by TonyFromGlendale