Your Mom saw brown tinted diamonds being promoted on TV. I’ve been told “absolutely, positively, do not purchase a brown diamond for her at Christmas (or any other time)”. Whew! That is a relief. Now I can scratch brown diamonds off my Christmas list.
Today is officially the first day of Winter. Alas, the days are getting longer.
Grandson Collin has seen “Star Wars” twice already. I have an invitation to join him and his Dad for viewing No.3. Star Wars must be good.
Grasshopper No.4 asked me about Roth IRA’s. I do not know all the intricacies of a Roth. They were just becoming popular 15 years ago when I retired. My first choice for a “retirement vehicle” is a company 401(k) where the company matches your contribution. Not only is the money you are setting aside tax deferred but the company is putting in money (free) up to a certain limit usually 3-6% of your income. After the 401(k) “matching deal”, a Roth IRA would be my next choice. The Roth makes you contribute “after-tax” dollars (unlike the 401k). That means Uncle Same taxes your earnings but you are allowed to put those after-tax earnings into a Roth. The earnings on the Roth are deferred forever. Forever! That is a really big deal. If you keep pumping in $5000-$6000 per year (maximum allowed annually) and do that for 20-25 years and it grows tax-free for all those years, you might end up filthy rich. No taxes upon withdrawal. Filthy rich. Worth considering.
Christmas Eve is two days away. Remember it was the Christ Child born in the manger, not Santa Claus.
I wrote my name in the light snow on the mailbox this morning.
Love,
Dad