Friday, August 18, 2006

The Larger Picture

Oh the suspense! Surrrre. Like I said yesterday, I think Libi guessed most of these (or came the closest)!

Here's #1:


Our wedding cake topper. Of course I made it. My Old Man joked that it looked like something they'd have at a funeral on top of a casket. Ha!



My Chinese Paddywhacker. Actually I'm not sure what it's officially called. My mother had a friend living in China during the last Year of the Boar. Knowing my affinity for all things pig, she brought this back. Apparently it's used to make a rice mold--I think??? I want to say they make these rice cakey molded things on New Year's Eve. I honestly don't know.



Continuing with the pig theme here--number three was the cork to my piggy bank. A close high school gave me this for my sixteenth birthday. Shortly thereafter we parted ways (she got married and graduated from high school--at 16!). It's actually just a clay pot tipped on its side with a pig face made near the opening and some stubby little legs attached.

And finally, #4:


Most of you got this right. It's the mini fan in Chunky's room. I've had this since I was 19 and used to work the basement of an office of a military office in Alaska. They don't have A/C in Alaska. This thing has the dust of four states on it now! There's no way to pull it apart to clean.

Now I'm off to research IRAs. I got the paperwork in the mail for my old work 401K today. It has become blantantly clear I know jack about investing money fpr retirement. Why bother? Social Security is projected (at this point in time anyway) to dry up a year before I'm old enough to qualify. I've pretty much resigned myself to the fact I'll be flipping burgers at McDonalds or tearing tickets at a movie theater when I'm 65.

In the meantime what the hell's the difference between a traditional IRA and an individual IRA? For once I think this is something I'm going to have to actually interact with people to figure out how to do and won't be able to do it all over the internet.


Blogger Elizabeth said...

A traditional IRA and a Roth IRA, you mean? A traditional IRA, you take the money out before you pay taxes on it now, it grows tax deferred, and when you retire, it becomes taxable income then.

A Roth IRA, you do not subtract the amount of your deposits from your current taxable income, so you are paying income taxes on that money now. It grows tax-exempt and it's tax-free when you take it out in the future. I went with the Roth IRAs because I have a rosy optimism that I will be needing a tax break more when I'm retired than I do now.

For my IRA accounts, I put it in the Vanguard Index 500 mutual fund. I did it online, it was very easy. I don't want to follow my accounts and worry. Index funds are tied to the ups and downs of the market as a whole, in this case the S &P 500. (I think. Back to homework for me!)

For my husband's work, 401k plans, we chose a bunch of investing options that seemed balanced to us. Those the employer matches up to a certain percentage of our contributions. They grow tax-deferred and come off of pre-tax income.

Any thing else I can tell you?

8:15 PM  
Blogger cpurl17 said...

I love the cake topper. I think you're the cutest thing I've ever seen!

9:56 PM  
Blogger Stacie said...

OMG! That is such a cutie pie picture! You kids are too cute, a coupla milk drinkers if ever I saw 'em! I know nothing about inveating, haven't you heard, the new retirement is working!

11:19 PM  
Blogger mf said...

thats a cute topper. I think your the cutest couple!

8:41 AM  
Blogger zibibbo said...

One is trying to liberate all of Ireland, the other just an individual Irish person.

1:06 PM  

Post a Comment

<< Home