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Tax refund delay

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Samstag:

--- Quote from: Flake on March 20, 2009, 04:22:22 pm ---
--- Quote from: pinballjim on March 20, 2009, 11:07:58 am ---Refund?  What's that?

An actual real job, no house, no kids, and no deductions put me over a barrel this year.

 :P

--- End quote ---

Dont cry about that too much.  Getting a refund only means you paid in too much during the year.  Its not a gift and one could argue your in better shape having that money during the year rather than floating the Gov an interest free loan.  However, for many undiciplined savers, I suppose its a way to "save" money.  But usually those same people immediately turn around and blow that refund anyway.  People often dont realize what a tax refund actually is.....a refund of money you shouldnt have had to pay in the first place. 

--- End quote ---

I usually end up paying between $2000-3000 every April.  I wonder if someone in the IRS opens my payment and gets all excited about blowing the whole thing on a bank bailout or something.  It's like free money, right?

The irony is that I pay taxes on the interest I make on the money Uncle Sam loaned me for free.  If AIG could figure out how to make that work for them maybe they'd turn a profit.

Dartful Dodger:
Now that I know the mortgage is paid and the money in my checking account isn't already spent I'll be booking my week long Mexican vacation this weekend.

By the way, how much did you "money smart" guys make on your 401ks and all of your other investments?



OooooOoooh, Mex-i-co...   It sounds so simple I just got to go...



saint:
On a side note, are you serious about going to Mexico? I wouldn't due to safety concerns. Elsewhere in South America, but not Mexico not right now.

Dartful Dodger:

--- Quote from: saint on March 20, 2009, 05:34:42 pm ---On a side note, are you serious about going to Mexico? I wouldn't due to safety concerns. Elsewhere in South America, but not Mexico not right now.

--- End quote ---
Yeah, if it were up to me, we wouldn't be leaving the USA.
My concerns over the Mexican drug war weren’t taken seriously by the group.
Without going into too much detail, I’m going with a group of people from Chicago.

We're going to be south of Cancun, so hopefully the fighting stays in the North, or it'd be even better if it were over before we go.


On the plus side, right now a Mexican vacation is really cheap...

Samstag:

--- Quote from: Dartful Dodger on March 20, 2009, 04:44:23 pm ---By the way, how much did you "money smart" guys make on your 401ks and all of your other investments?

--- End quote ---

I can only speak for myself but I think generally we're willing to wait this out.  I'm young enough that I see a crippled Dow as an incredible opportunity and I've been putting everything I can into it while it's down.

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