September 26, 2009

Work Work

Recently I have been having these massive headaches that transformed into head numbness that causes dizziness. Well, as a worker, I can just suddenly say bye and take a leave over a long period without a doctor's approval; after all, I still haven't received my medicare card yet, and the urgent care won't see me without it...I guess I will just have to tough it through and get the information from my provider directly to expedite the process. Other than that, life is good, as long as the economy doesn't affect me. Well, I urge all those to open an IRA as soon as possible. You will be able to defer taxes when you retire with a traditional IRA, and no penalty withdrawals with roth IRA. All the interest you earn in them are tax-free until you withdraw them. That way you can make your investments grow as much as possible and as fast as possible, unless of course you are a genius gambler who can make quick cash in the casino and whatnot, then by all means don't open one as the growth will be too slow at your pace. With interest rate so low, you are essentially losing money on inflation, granted that we are in a deflationary period. However, if we think about this carefully, how can the government stimulus doesn't deflate the value of the dollar? Exactly, it doesn't make sense. so as a precaution for further massive inflation, I hope we all invest in other assets instead of hoarding dollars in our bank accounts.