Reply to Mortgage Payment on 200K salary?

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Reply to "Mortgage Payment on 200K salary?"

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[quote=Anonymous][quote=Anonymous]No, I fully understand the tax implications. If fees are high enough and performance is poor enough on tax advantaged accounts, taking the tax hit now and putting the money in a taxable account can y produce superior yield. This is a well known issue. Your grasp of these things is clearly limited (or you run a 401k), and you should not be giving advice on financial matters.

[quote=Anonymous][quote=Anonymous]Blanket statements like this make no sense. Some 401ks are horrible. I was at a place for a few years with very little match and terrible fees. I didn't put a dime in that thing. Good plan at the new job and I max out.

Well, you are ignoring the tax benefits ... [/quote][/quote]

Haha.  You are making quite a few assumptions there...high fees, poor performance, etc.  The fees and performance drag have to be pretty darn high to offset a ~15%+ tax shield.  It would have to be an absolutely atrocious plan - as in world class bad - to not have some level of index fund / general market exposure to make it a 99.9999% chance of outperforming any taxable option when the tax shield is included.  I am quite confident my understanding of these issues would run absolute circles around your clearly elementary understanding. [/quote]

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