tag:blogger.com,1999:blog-2611021408437270881.post6004638853753110312..comments2024-03-18T23:59:39.885-07:00Comments on Skeptical CPA: WSJ Shills For IRSIndependent Accountanthttp://www.blogger.com/profile/07800220849565219709noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2611021408437270881.post-76763159708195205232010-07-14T13:22:04.575-07:002010-07-14T13:22:04.575-07:00My best guess is that *most* IRAs contain the stan...My best guess is that *most* IRAs contain the standard stock/bonds mix and very little natural resources stocks.<br /><br />Now with the last years of stock market decline, I'd guess that a lot gets pulled out of stocks into "safe" bonds.<br /><br />So, total money grab wise, there won't be a lot there to grab after a large inflation bump. Your IRA may differ...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2611021408437270881.post-52264928092207584892010-07-08T06:39:45.633-07:002010-07-08T06:39:45.633-07:00Anonynous:
You need not put bonds in an IRA. You ...Anonynous:<br />You need not put bonds in an IRA. You can put natural resources oriented mutual funds in an IRA for inflation protection. That said, I agree with you, inflation will hurt dollar denominated investments over the long-term.<br /><br />IAIndependent Accountanthttps://www.blogger.com/profile/07800220849565219709noreply@blogger.comtag:blogger.com,1999:blog-2611021408437270881.post-24856458840448896932010-07-07T13:25:50.441-07:002010-07-07T13:25:50.441-07:00Taxing IRAs is an obvious direction, however I sus...Taxing IRAs is an obvious direction, however I suspect that by the time "they" get to it there might not be enough value in them to make it worth the effort.<br /><br />A "busted" dollar (inflation) plus poor economy could destroy most of the value in IRAs. Picture something like the recent market decline, only 100 times worse.<br /><br />After this, a one million dollar IRA would only be<br />worth $10k. Complete confiscation of these wouldn't <br />amount to enough to make any difference in trillion dollar deficits.<br /><br />So taxing IRAs is possible, but I'd be more worried of inflation and tax increases outside of IRAs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2611021408437270881.post-40746101329082376362010-07-05T15:10:57.305-07:002010-07-05T15:10:57.305-07:00@Anonymous...And to pay for "universal" ...@Anonymous...And to pay for "universal" health care, "stimulus" spending, social programs, and debt service.American Delighthttp://moneyjihad.wordpress.com/noreply@blogger.comtag:blogger.com,1999:blog-2611021408437270881.post-18328197263736449092010-07-05T09:15:22.102-07:002010-07-05T09:15:22.102-07:00Well we gotta raise federal revenue somehow to pay...Well we gotta raise federal revenue somehow to pay for our warmongering... why not Roth IRAs?Anonymousnoreply@blogger.com