How are your investments doing?

[two_bit_score]

The ROI on my tractor is multiples of most other purchases (stocks, real estate, etc.) for exactly the reasons @MossRoad mentioned, even allowing for my time at billable rates. YMMV.

All the best, Peter

Your CPA might not go along with it but if you wanted to find out just keep a time/use log book and attribute a reasonable cost and expenses over a years time. I bet most of us would be coming out better than break-even.

 

[MossRoad]

I checked today and my investments are up 3% since Jan first. I'm sure that's gonna change.
Eric

 

[two_bit_score]

I sold a Kubota 5 years ago for what I purchased it for 10 years prior to sale.

Wouldn't that have been about CV time? Do you think that played any part in the amount you recovered?

 

[riptides]

Wouldn't that have been about CV time? Do you think that played any part in the amount you recovered?

Prior. It was in great condition and low hours.

 

[Oaktree]

I see it as it saved me a bunch of money that would have had to been spent hiring jobs out, and my own time as well, which I put value on.

I guess an argument could be made for that. Didn't really look at it that way.
For sure it's held its value.

 

[Fuddyduddy1952]

Years ago I made a sign for our place, deliberately very crude, slopped on white paint the in dripping red paint "nO tRepsAsSin". Empty whiskey bottle and a few 00buck 12ga shells at the base.

 

[masseyrider]

Years ago I made a sign for our place, deliberately very crude, slopped on white paint the in dripping red paint "nO tRepsAsSin". Empty whiskey bottle and a few 00buck 12ga shells at the base.

So... that has what to do with your investments?

 

[masseyrider]

I hate this time of year when it becomes time to calculate how well the investments have done in the past year and develop a tax plan

 

[drssg]

I hate this time of year when it becomes time to calculate how well the investments have done in the past year and develop a tax plan

Some of the best money I spend is for the tax accountant. I send her my documents, and she sends back the return and pre-addressed envelopes that I use to send the payments when they are needed. Tax season is like nothing to me.

 

[Fuddyduddy1952]

So... that has what to do with your investments?

PROTECTION!

 

[masseyrider]

PROTECTION!

From...? Greenland?

 

[masseyrider]

Tax season is like nothing to me.

Sorry to hear that. To me its 6 digits.

 

[Fuddyduddy1952]

From...? Greenland?

Why trepsassers of course...we ain't got none!

 

[RayIN]

So help me understand please.

If it’s a “loan” then it wouldn’t be a distribution. Right? But you would be required to pay back the loan. You couldn’t just loan yourself money and then forgive the debt. Could you?? I don’t understand how you repay the loan.

Looks like I’ll have to take required distributions in excess of what I’ll really need. But would like to understand how to leverage this loan idea against other assets that aren’t tax-deferred.

I must be dense. How does it work??

Thx.

I normally roll my MRD into a high-interest CD for the required time period if I haven't a need for the money.
Aug 2024 I used the MRD money to buy a tractor instead of a CD; now, even after I take the MRD the interest has more than paid for the tractor.