Originally Posted by Duffman (Post 3293145)

2) SPY is the gold standard for "the market"

Originally Posted by iceman21 (Post 3293161)

I thought that was VTSAX?


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Originally Posted by ZeroTT (Post 3293043)

actually you can

you will only be assessed (fairly moderate) penalties and fees if your tax payments were
1) less than owed, AND
2) less than you paid last year

in the situation of a significant windfall bonus, you could reduce withholding for the rest of the calendar year and pay in April.

Originally Posted by OOfff (Post 3293229)

yeah for the flow payments, you could. I took the post I responded to as someone doing this to their whole income

Originally Posted by Duffman (Post 3293145)

2) SPY is the gold standard for "the market" and it's your best bet for outpacing inflation with low-risk, steady gains. It's average performance from the 20s to 2019 was around 10% per year (higher lately, but so is inflation). $8,000 invested in 1980 would be almost $800k today. Regardless, the specific value of projected gains wasn't the point

To people asking what SPY is, it's the S&P 500: https://en.wikipedia.org/wiki/List_o..._500_companies

Originally Posted by coodrough568 (Post 3293389)

us over at Mesa are working with our glorious MEC on our pay raise right now. Currently we gross around 60k on our min guarantee. But we will be upwards of 110k+ when it’s all said and done