Approve the Cookies
This website uses cookies to improve your user experience. By using this site, you agree to our use of cookies and our Privacy Policy.
OK
Index  •   • New posts  •   • RTAT  •   • 'Best of'  •   • Gallery  •   • Gear  •   • Reviews
Guest
New posts  •   • RTAT  •   • 'Best of'  •   • Gallery  •   • Gear  •   • Reviews
Register to forums    Log in

 
FORUMS Canon Cameras, Lenses & Accessories Canon EF and EF-S Lenses 
Thread started 08 Feb 2013 (Friday) 23:49
Search threadPrev/next
sponsored links
(this ad will go away when you log in as a registered member)

What are you going to buy with your tax return?

 
BillwYellowstone
Senior Member
Avatar
533 posts
Joined Aug 2009
Location: R\Fulltime RV-er Currently in Yellowstone NP
     
Feb 10, 2013 13:41 as a reply to  @ post 15594912 |  #91

Or what will you have to sell to settle your tax return?


Bill W Yellowstone NP Old Faithful
Gripped Canon 5DMklll 24-105 Rokinon 14mm 2.8 Tamrom 150-600
Here for the Winter!

  
  LOG IN TO REPLY
sponsored links
(this ad will go away when you log in as a registered member)
LV ­ Moose
Moose gets blamed for everything.
Avatar
23,356 posts
Gallery: 207 photos
Best ofs: 4
Likes: 4222
Joined Dec 2008
     
Feb 10, 2013 13:51 |  #92

BillwYellowstone wrote in post #15594944 (external link)
Or what will you have to sell to settle your tax return?

That's more like it.

"Tax return" :lol::lol::lol:


Moose

Gear... Flickr (external link)...Flickr 2 (external link)...
Macro (external link)...Hummingbirds (external link)
Aircraft (external link)

  
  LOG IN TO REPLY
Hogloff
Cream of the Crop
7,606 posts
Likes: 415
Joined Apr 2003
Location: British Columbia
     
Feb 10, 2013 13:54 |  #93
bannedPermanent ban

jtmiv wrote in post #15594782 (external link)
Dear Hogloff,

That's a good idea in principle but in the real world it's not all that practical.

I have an interest bearing checking account and I net about 2 cents a month in interest, on average. So unless you know of a much better paying account I'll stick with dumping it in my Credit Union savings account when the refund check comes in. There at least I'll net a few dollars of interest over the course of a year.

I live about 8 miles from a Casino, I'd be better off taking the $ 25.00 each week and running it through the slot machines when I compare it to the interest rates that banks pay out.

Regards,

Tim Murphy :)

Who said anything about an interest account. Why not invest into other vehicles. There are tons of safe stocks that pay great dividends.




  
  LOG IN TO REPLY
Hogloff
Cream of the Crop
7,606 posts
Likes: 415
Joined Apr 2003
Location: British Columbia
     
Feb 10, 2013 13:56 |  #94
bannedPermanent ban

jemanner wrote in post #15594863 (external link)
"Virtually", right...

That is right...there is nothing 100% guaranteed in life. But I can guarantee you this...putting money into your savings account won't make you rich...in fact today that will slowly make you poor.




  
  LOG IN TO REPLY
Quadna71
Senior Member
Avatar
372 posts
Likes: 1
Joined Mar 2012
     
Feb 10, 2013 13:59 |  #95

Can you guys please start another thread on pros/cons of government taxation? I'm more interested in people's thoughts on what they might buy in photo gear.

Thank you.


6D | 50/1.4 | 40/2.8

  
  LOG IN TO REPLY
jemanner
Senior Member
625 posts
Joined Jan 2009
Location: Panaca, NV
     
Feb 10, 2013 14:00 |  #96

I'm not the type of person who could sleep at night if invested in stocks at this juncture. If this your cup of team the more power to you...


Jim

  
  LOG IN TO REPLY
jemanner
Senior Member
625 posts
Joined Jan 2009
Location: Panaca, NV
     
Feb 10, 2013 14:02 |  #97

Quadna71 wrote in post #15594995 (external link)
Can you guys please start another thread on pros/cons of government taxation? I'm more interested in people's thoughts on what they might buy in photo gear.

Thank you.

Got the message... 1DX and 24-70L II. My return will cover the 1DX, will have to chip in for the lens.


Jim

  
  LOG IN TO REPLY
seattle1
Senior Member
290 posts
Gallery: 1 photo
Likes: 17
Joined May 2010
     
Feb 10, 2013 14:04 |  #98

I am craving a Sigma 15mm f2.8 fisheye but no tax return this year. We normally pay in.




  
  LOG IN TO REPLY
LV ­ Moose
Moose gets blamed for everything.
Avatar
23,356 posts
Gallery: 207 photos
Best ofs: 4
Likes: 4222
Joined Dec 2008
     
Feb 10, 2013 14:15 as a reply to  @ seattle1's post |  #99

If I was getting a tax return, and if my wife didn't mind me spending it on gear:

EF 100-400 f/4.5-5.6L


Moose

Gear... Flickr (external link)...Flickr 2 (external link)...
Macro (external link)...Hummingbirds (external link)
Aircraft (external link)

  
  LOG IN TO REPLY
Hogloff
Cream of the Crop
7,606 posts
Likes: 415
Joined Apr 2003
Location: British Columbia
     
Feb 10, 2013 14:15 |  #100
bannedPermanent ban

JeffreyG wrote in post #15594849 (external link)
I'm just waiting to hear about this risk free 6% interest investment vehicle. Money market funds are currently paying 0.0% (and they are not without risk) and insured deposits like 1-year CDs are paying no higher than 1.05% (and they are essentially risk free as they are insured deposits). Just where is there a no risk 6% return?

I have some of my money in fixed income mutual funds that have an extremely safe track record. For the last 10 years they never once had a negative yearly return with the average yearly return being over 8% over those ten years. 100% safe...not a chance, but pretty close and last year they netted me a 7.4% return. I've never lost money doing this. If you think putting your money into your safe bank and getting 0.5% is safe...hope your inflation is negative because if it is not, you are worse off financially at the end of the year.




  
  LOG IN TO REPLY
JeffreyG
"my bits and pieces are all hard"
Avatar
15,520 posts
Gallery: 42 photos
Likes: 593
Joined Jan 2007
Location: Detroit, MI
     
Feb 10, 2013 14:26 |  #101

Hogloff wrote in post #15595033 (external link)
I have some of my money in fixed income mutual funds that have an extremely safe track record. For the last 10 years they never once had a negative yearly return with the average yearly return being over 8% over those ten years. 100% safe...not a chance, but pretty close and last year they netted me a 7.4% return. I've never lost money doing this. If you think putting your money into your safe bank and getting 0.5% is safe...hope your inflation is negative because if it is not, you are worse off financially at the end of the year.

I was not advocating one investment over another, I was simply suggesting that saying something is risk free is misleading unless it really is. Income oriented mutual funds may be the right level of risk for you, but they are not 'risk free'.

An income fund that never posted a loss through the recession of 2007 - 2008 sounds nice. What fund would this be?


My personal stuff:http://www.flickr.com/​photos/jngirbach/sets/ (external link)
I use a Canon 5DIII and a Sony A7rIII

  
  LOG IN TO REPLY
pdrober2
Goldmember
Avatar
2,318 posts
Joined Nov 2010
Location: Durham, NC
     
Feb 10, 2013 14:27 |  #102

this year i think i will treat myself to a new travel tripod!


Fujifilm X-T1 | 23 | 27 | 56 | 90 | 55-200
Feedback

  
  LOG IN TO REPLY
Hogloff
Cream of the Crop
7,606 posts
Likes: 415
Joined Apr 2003
Location: British Columbia
     
Feb 10, 2013 14:47 |  #103
bannedPermanent ban

JeffreyG wrote in post #15595051 (external link)
I was not advocating one investment over another, I was simply suggesting that saying something is risk free is misleading unless it really is. Income oriented mutual funds may be the right level of risk for you, but they are not 'risk free'.

An income fund that never posted a loss through the recession of 2007 - 2008 sounds nice. What fund would this be?

It's a Canadian mutual fund. Altamira income fund.




  
  LOG IN TO REPLY
FMX
Senior Member
Avatar
612 posts
Joined Jan 2010
     
Feb 10, 2013 15:23 |  #104

To those of you that accurately know you are only going to receive or pay a few bucks, how do you do this?




  
  LOG IN TO REPLY
windpig
Chopped liver
Avatar
14,887 posts
Gallery: 6 photos
Likes: 1194
Joined Dec 2008
Location: Just South of Ballard
     
Feb 10, 2013 15:33 |  #105

Start using this mid year, guestimate your non payroll income, adjust your W-4 and/or make estimated additional contributions.

http://www.hrblock.com …lators/tax-estimator.html (external link)


Would you like to buy a vowel?
Go ahead, spin the wheel.
flickr (external link)
I'm accross the canal just south of Ballard, the town Seattle usurped in 1907.

  
  LOG IN TO REPLY
sponsored links
(this ad will go away when you log in as a registered member)

9,197 views & 0 likes for this thread
What are you going to buy with your tax return?
FORUMS Canon Cameras, Lenses & Accessories Canon EF and EF-S Lenses 
AAA
x 1600
y 1600

Jump to forum...   •  Rules   •  Index   •  New posts   •  RTAT   •  'Best of'   •  Gallery   •  Gear   •  Reviews   •  Member list   •  Polls   •  Image rules   •  Search   •  Password reset

Not a member yet?
Register to forums
Registered members may log in to forums and access all the features: full search, image upload, follow forums, own gear list and ratings, likes, more forums, private messaging, thread follow, notifications, own gallery, all settings, view hosted photos, own reviews, see more and do more... and all is free. Don't be a stranger - register now and start posting!


COOKIES DISCLAIMER: This website uses cookies to improve your user experience. By using this site, you agree to our use of cookies and to our privacy policy.
Privacy policy and cookie usage info.


POWERED BY AMASS forum software 2.1forum software
version 2.1 /
code and design
by Pekka Saarinen ©
for photography-on-the.net

Latest registered member is xemlicham
1091 guests, 198 members online
Simultaneous users record so far is 15144, that happened on Nov 22, 2018

Photography-on-the.net Digital Photography Forums is the website for photographers and all who love great photos, camera and post processing techniques, gear talk, discussion and sharing. Professionals, hobbyists, newbies and those who don't even own a camera -- all are welcome regardless of skill, favourite brand, gear, gender or age. Registering and usage is free.