Recent content by kraftdda

I am considering selling my trucking company. I have about 1.2 million in hard assets. My gross reciepts are about 5 million per year. My net is about 2 to 300,000 each year. I have no idea on what kind of value if any should be placed on the business? Is there any formula or any kind of...

Talked to my banker today about a loan for updating some equipment for my trucking company this year. Just wondering if 6.9% locked in till 2010? I know this might be a bit off subject but so far this place seems to be very knowledgeable. Thanks. That is for a 300,000 note that I can draw on...

Hello I have been getting a lot of good advice here lately. Now just when I think I am getting somewhere then i read too much and get new ideas. My new idea is would I be better off using ETF's instead of mutual funds? Things I have been reading say less fees and more tax efficient. I understand...

Sorry everyone I should have been a little more clear. I am more less looking for a company, ex. Vanguard, Fidelity, ect. when I figure out which company I will be transfering my IRA, and cash accounts from the mess I currently have. Want a fairly aggressive portfolio for both, yet simple with...

This forum seems to have lots of very smart investors. Just looking for some advice on a good general mutual fund for taxable money. Plan on not needing but avaliable if do. Thanks

Any ideas on what company has the best simple ira plan?

Ok need some smart people to give advice on a IRA. I am self employed with 2 employees. I am thinking about starting a simple ira and just making the mandatory contributions for my employees. Then maxing out mine and my wifes at 10,500 plus 3 % match. Could I also make a nondedutible ira...

Hello I am a new member and this is my second post in 1 day. I own a rather small trucking company and I have 2 employees. All truck drivers are contract labor, as they own the trucks they drive. I am a S corp. I want to start putting money in a retirement account. I believe I am not eligible...

Hello I am new here have been lurking around some and decided to join. My question is I own a trucking company and currently have about 1,000,000 in assets in that. I own 2 homes with a combined value of about 350,000. 1 leased suv, and 2 owened autos. I only have about 30,000 in a retirement...