LogFAQs > #140993

LurkerFAQs ( 06.29.2011-09.11.2012 ), Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
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TopicNintendo's stock is at a 5-year low. Good time to buy?
Wanglicious
07/29/11 2:07:00 PM
#41:


401ks aren't really a stock plan so much as a retirement plan. yes you can play around with it for stocks, but you can do the same for a couple insurance policies too, and it all comes down to the same issue. the only advantage to a 401k and stocks is that the money in it is tax-free to begin with, which may also lower your tax dues, and if you play it even mediocrely to break even, you should come out with a profit. just remember that any money you play with as cash will come out to a taxable value.

didn't know Nintendo was viable in the US though. will make for another good one to watch. <__<;
(ps - it already went up almost 2 and a half percent from the drop).

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