Search found 5630 matches

by Phineas J. Whoopee
Sat Jan 21, 2017 11:25 pm
Forum: Investing - Theory, News & General
Topic: Dow crosses 20,000?
Replies: 23
Views: 1864

Re: Dow crosses 20,000?

thomasbayarea wrote:I'm an engineer.

Anything above 19,500 is rounded up to 20,000.

:sharebeer

I take it, then, that you are not also a bookkeeper. :wink:
PJW
by Phineas J. Whoopee
Sat Jan 21, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: Dow crosses 20,000?
Replies: 23
Views: 1864

Re: Dow crosses 20,000?

Hasty numerology, doubly irrelevant. Would make sense for the Dow to split in half back to 10,000 , I think the larger numbers are turning away some investors. It wouldn't help. The divisor, 0.14602128057775 would go down to 0.07301064050, rounded to only ten significant figures 'cause that's all m...
by Phineas J. Whoopee
Sat Jan 21, 2017 10:43 pm
Forum: Investing - Theory, News & General
Topic: Dow crosses 20,000?
Replies: 23
Views: 1864

Re: Dow crosses 20,000?

FIREchief wrote:Marketwatch shows a 52 week high of 20,000:

http://www.marketwatch.com/investing/index/DJIA

Yahoo Finance, the site in question, shows it as 19,999.63.

What, can't everybody agree on the individual share prices of each of the thirty stocks added up then multiplied by 205.4494986 anymore?

PJW
by Phineas J. Whoopee
Sat Jan 21, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: Dow crosses 20,000?
Replies: 23
Views: 1864

Re: Dow crosses 20,000?

According to Fidelity,the high for Friday was 19,843.94; I think the linked video is just something someone has "in the can" for if/when it finally does hit 20,000. It's irresponsible for them to post it now , but hey, it's Yahooo Finance. Cf. premature obituaries and incorrect election r...
by Phineas J. Whoopee
Sat Jan 21, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: No health insurance tax penalty
Replies: 27
Views: 1491

Re: No health insurance tax penalty

... Health insurance for me under an exchange plan is minimum $12k per year for the highest deductible available. I'll take the bet that my family won't use that much health care every year. I won't be a ninnie and pay any amount for insurance , not matter what. It seems as if you are against using...
by Phineas J. Whoopee
Sat Jan 21, 2017 9:33 pm
Forum: Investing - Theory, News & General
Topic: Dow crosses 20,000?
Replies: 23
Views: 1864

Re: Dow crosses 20,000?

I don't think crossing it during the day "counts." I think it has to be at least 20,000 at the close for people to break out the champagne, It's all too easy, in my opinion, for we priced-once-daily mutual fund investors to forget we are not the entirety of market participants. You or I m...
by Phineas J. Whoopee
Sat Jan 21, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: No health insurance tax penalty
Replies: 27
Views: 1491

Re: No health insurance tax penalty

1. There's a 3 month window to get coverage without being fined, but that window closes for me on Feb 1st right? I believe that you need to be insured for at least one day in January in order to claim the short term omission of coverage exclusion. So, Feb. 1 is too late. You must have insurance on ...
by Phineas J. Whoopee
Sat Jan 21, 2017 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Changing FICO Score
Replies: 27
Views: 1315

Re: Changing FICO Score

... I just feel highly insulted that even though I have over 2M in investments, I am not considered a good credit risk any more! Any other retirees having this happen to them? ... Feeling insulted is a real feeling. I'm not going to advise you to "find a different way to feel." At 793 you...
by Phineas J. Whoopee
Fri Jan 20, 2017 7:13 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 77
Views: 7247

Re: Fed Rate [may go] to 3% - [investing consequences?]

And what Kevin says is true. I had interpreted Engineer250's reference to yield s , plural, and price s , also plural, to be more general. Of course changes in term risk will not be expressed in parallel across the yield curve , but we don't know future non-parallel-osity (that's pretty awkward; sho...
by Phineas J. Whoopee
Fri Jan 20, 2017 4:40 pm
Forum: Investing - Theory, News & General
Topic: Fed Rate [may go] to 3% - [investing consequences?]
Replies: 77
Views: 7247

Re: Fed Rate [may go] to 3% - [investing consequences?]

... Is it ever possible for yields and bond prices to travel in the same direction? Is there any scenario that bond prices and bond yields would both go simultaneously down or up? I know that's not "normal" I just wonder if there's a scenario that could cause it. Yields and prices are loc...
by Phineas J. Whoopee
Fri Jan 20, 2017 3:27 pm
Forum: Investing - Theory, News & General
Topic: Are TIPS good or bad?
Replies: 18
Views: 1407

Re: Are TIPS good or bad?

... The income from assets held in the HSA are taxable by California. Thus, interest, dividends and cap gains are all taxable income in California even when held in the HSA. It's not just a distribution issue but an annual issue. Treasuries, and hence TIPS, are exempt from state taxes. I see. Am I ...
by Phineas J. Whoopee
Fri Jan 20, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with short term savings
Replies: 4
Views: 353

Re: Help with short term savings

The site depositaccounts.com does a good job at keeping up with available rates as they change. You may want to have a look.
PJW
by Phineas J. Whoopee
Fri Jan 20, 2017 2:59 am
Forum: Investing - Theory, News & General
Topic: Are TIPS good or bad?
Replies: 18
Views: 1407

Re: Are TIPS good or bad?

... Treasuries are non-taxable by states, so holding TIPS in an HSA in CA makes them and the account essentially tax-free. At least three states tax HSA contributions as regular income. Treasuries inside traditional IRAs and 401(k)s are taxable upon distribution by both the federal government and b...
by Phineas J. Whoopee
Thu Jan 19, 2017 11:31 pm
Forum: Investing - Theory, News & General
Topic: Are TIPS good or bad?
Replies: 18
Views: 1407

Re: Are TIPS good or bad?

I've been researching buying TIPS for my HSA (due to CA taxing HSAs), but recent threads all seem to all say that they're currently a poor investment compared to other bond funds. ... Hi JustinR, What I'm about to write is my opinion. I'm confident in it, but many vocal posters disagree. TIPS are n...
by Phineas J. Whoopee
Thu Jan 19, 2017 11:31 pm
Forum: Investing - Theory, News & General
Topic: Are TIPS good or bad?
Replies: 18
Views: 1407

Re: Are TIPS good or bad?

I've been researching buying TIPS for my HSA ( due to CA taxing HSAs ), but recent threads all seem to all say that they're currently a poor investment compared to other bond funds. ... Hi JustinR, This is the first of two posts I'm writing in response to your question. The next is more generally a...
by Phineas J. Whoopee
Thu Jan 19, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie investor could use a lil advice
Replies: 10
Views: 593

Re: Newbie investor could use a lil advice

... I'm 42 yrs old and just opened a Roth IRA with Vanguard. After much hand wringing, I chose the TRD 2025 for what seems to be a "safe" asset allocation [60stock/40bonds] This is my first crack at investing, as I spent my 20s accumulating debt, my 30's paying off said debt, and now have...
by Phineas J. Whoopee
Thu Jan 19, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: All eggs in one basket
Replies: 14
Views: 1704

Re: All eggs in one basket

Less than a month ago there was a thread that used the same imagery: All your eggs in one basket vs. concern about being hacked?

For anything it may be worth, from that thread here's how I manage the risk.

PJW
by Phineas J. Whoopee
Wed Jan 18, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: TIPS are great in "theory." But real world...
Replies: 32
Views: 2763

Re: TIPS are great in "theory." But real world...

... Time to read Larry Swedroe. With Total Bond ( which is *not* an index fund , btw, it is actively managed) you have taken on all sorts of other risks-- credit risk, prepayment & extension risk, potentially call risk. ... Larry and I clashed over a related point. He's thoroughly competent to ...
by Phineas J. Whoopee
Wed Jan 18, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: TIPS are great in "theory." But real world...
Replies: 32
Views: 2763

Re: TIPS are great in "theory." But real world...

... I don't understand how CPI does not perfectly measure inflation. CPI is the accepted measure of inflation (in broad, general terms). As others have said, it might not track inflation of your personal expenses. CPI has definitely lagged the inflation experienced in higher education and health ca...
by Phineas J. Whoopee
Tue Jan 17, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA question
Replies: 6
Views: 618

Re: Roth IRA question

nps wrote:...
One exception would have been enough to make it not true, but I had at least two or three in mind :)

So, rather than leaving it to me to explain to everybody else your non-explicitly-supported assertion "not true," how about bringing up the exceptions you're thinking of yourself?
PJW
by Phineas J. Whoopee
Tue Jan 17, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA question
Replies: 6
Views: 618

Re: Roth IRA question

Hello, I am aware that one must be employed in order to contribute to a Roth IRA. Not true ... I believe nps must be referring to the fact that self-employment income, as reported on Schedule C, also qualifies. nps - if I'm wrong about what you mean please correct me, and I'll retract what I wrote ...
by Phineas J. Whoopee
Tue Jan 17, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should Bond Funds be Considered a Fixed Income Investment?
Replies: 30
Views: 1842

Re: Should Bond Funds be Considered a Fixed Income Investment?

... Hence the question if bond funds are a risk free investment. Ah. I hadn't understood that to be the question. Thanks for cutting to the chase. No, bond funds are not risk free investments. Neither are directly-held bonds. Some may be very low risk, but they are not risk free. Fixed income in ge...
by Phineas J. Whoopee
Tue Jan 17, 2017 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2864

Re: Is the housing market like stocks? When do you think prices fall again?

... There are many people who feel Real Estate is not investing ( i.e. , one should not assume prices go "up"). Google "real estate is not an investment" and read the first 2 articles (or more). I see. If I, today, buy 100 shares of Company Nobody Ever Heard Of (CNEHO.O), and tw...
by Phineas J. Whoopee
Tue Jan 17, 2017 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Very confused with W4 Allowances
Replies: 33
Views: 2381

Re: Very confused with W4 Allowances

Quite right, Ketawa, and I should have thought to include that fact in my post.
PJW
by Phineas J. Whoopee
Mon Jan 16, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Question Re Bond Funds
Replies: 13
Views: 1041

Re: Asset Allocation Question Re Bond Funds

Hi manuminto. You still choose not to post enough information for any of us to provide meaningful advice. You don't have to do that, but it's unreasonable to expect advice from us in its absence. I already responded to the questions in your post just above earlier in this thread , and more recently ...
by Phineas J. Whoopee
Mon Jan 16, 2017 9:45 pm
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4949

Re: Why not put it all in TIPS?

... I would rather have multiple annuities guaranteed by reputable insurance companies than to rely on instruments from a government that is $19 trillion in debt . And you don't outlive annuities. Since you are a "doomsday prepper" it seems really odd that you would want all of your money...
by Phineas J. Whoopee
Mon Jan 16, 2017 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Very confused with W4 Allowances
Replies: 33
Views: 2381

Re: Very confused with W4 Allowances

The last time I looked, which was just this moment , you don't have to muck around with allowances at all if you have a fairly good idea of how much your tax will be, or even how much your withholding safe harbor is. Line 6 of the form, as opposed to the worksheets, is "Additional amount, if an...
by Phineas J. Whoopee
Mon Jan 16, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2864

Re: Is the housing market like stocks? When do you think prices fall again?

... There are many people who feel Real Estate is not investing ( i.e. , one should not assume prices go "up"). Google "real estate is not an investment" and read the first 2 articles (or more). I see. If I, today, buy 100 shares of Company Nobody Ever Heard Of (CNEHO.O), and tw...
by Phineas J. Whoopee
Mon Jan 16, 2017 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Should Bond Funds be Considered a Fixed Income Investment?
Replies: 30
Views: 1842

Re: Should Bond Funds be Considered a Fixed Income Investment?

Classic definition of a fixed income investment is as follows: "A fixed-income security is an investment that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity" Can bond funds and ETFs be considered a fixed income investment especial...
by Phineas J. Whoopee
Mon Jan 16, 2017 7:05 pm
Forum: Personal Consumer Issues
Topic: Treasury Direct Account Locked
Replies: 19
Views: 1519

Re: Treasury Direct Account Locked

I was locked out one time but not for that reason. When I phoned them during business hours the customer service rep asked me a number of things, including my security questions. One picks (or at least picked) three to answer out of a fairly long list. The way it worked was he ran through all of the...
by Phineas J. Whoopee
Mon Jan 16, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total World Stock question
Replies: 14
Views: 1347

Re: Vanguard Total World Stock question

... That's something I can decide yet. It seems like the Index "buy high and sell low" to replicate the Total World Asset Allocation . But on the other hand If you choose let's say 50/50 US/Int'l as a fixed equity balance and then the US drops it's value by 10% and never recover to the pr...
by Phineas J. Whoopee
Mon Jan 16, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: How does maxing out Roth IRA work?
Replies: 13
Views: 1283

Re: How does maxing out Roth IRA work?

... Wow. That means if I make the full contribution in 2017, then find out I made 200k MAGI, I can just take the 11k out of the Roth IRA account penalty free? What about the gains/losses incurred for those contributions? How will those be determined, and what will happen to them? Your Roth IRA cust...
by Phineas J. Whoopee
Sun Jan 15, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 62
Views: 5022

Re: Flagship Reps

Nicolas wrote:I am Flagship level and it means nothing to me. ...

Vanguard service level means nothing to me, either.
PJW
by Phineas J. Whoopee
Sun Jan 15, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 62
Views: 5022

Re: Flagship Reps

For those who use the appointment method currently to access dedicated reps: you will likely lose that privilege once you no longer have one specifically assigned to you. Of course the new system does not apply to Flagship Select customers . Now I get it. The definition of rich and privileged is an...
by Phineas J. Whoopee
Sun Jan 15, 2017 2:35 am
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 62
Views: 5022

Re: Flafship Reps

I speak only for myself. In terms of my relationship with Vanguard, and what they provide and how I value it, I'm happy with the services they offer everybody . Voyager, which one gets if household Vanguard assets held directly with them as opposed to through somebody else like a 401(k) administrato...
by Phineas J. Whoopee
Sun Jan 15, 2017 1:33 am
Forum: Investing - Theory, News & General
Topic: Why not put it all in TIPS?
Replies: 87
Views: 4949

Re: Why not put it all in TIPS?

If one had enough money one could buy a 30-year ladder of TIPS, except one can't because of the period of time after 1997 when no 30-year TIPS were issued. If one had enough left after buying their can't-be-bought 30-year ladder of TIPS one could buy more TIPS to go beyond the 30 years if, but only ...
by Phineas J. Whoopee
Sat Jan 14, 2017 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6149

Re: Cardinal Sin - went to cash the day before 2016 election

... Also, FYI "efficiency" does not necessarily mean "rational" . Prices can certainly become irrational for a period of time, but eventually the market forces act upon those prices to arbitrage those dislocations away. ... Your assertion illustrates the problem so many have wit...
by Phineas J. Whoopee
Sat Jan 14, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 167
Views: 14916

Re: "Millennials may need to double how much they save for retirement"

... If they move to being second world countries, wouldn't they become communists? I don't think that would be great for unleashing consumer desires. :wink: That's what the words mean . The US and its allies were the first world, and the Soviet Union and its the second. Of course, the Soviet Union ...
by Phineas J. Whoopee
Sat Jan 14, 2017 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6149

Re: Cardinal Sin - went to cash the day before 2016 election

... Actually, Ved has a good point here. If the markets were "going to go up, regardless of election outcome" (as you put it), then what we witnessed was a clear violation of the Efficient Markets Hypothesis . ... The efficient market hypothesis, contrary to political propaganda, does not...
by Phineas J. Whoopee
Sat Jan 14, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6149

Re: Cardinal Sin - went to cash the day before 2016 election

I still think a correction is coming. It's been a while, and P/E's are starting to get out of whack. ... A correction is always coming. We won't know whether P/Es are in or out of whack until later. Earnings are reported after the fact. They're backward looking. Stock prices are forward looking, an...
by Phineas J. Whoopee
Sat Jan 14, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7250

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

... https://www.merriam-webster.com/dictionary/some https://www.merriam-webster.com/dictionary/all https://www.merriam-webster.com/dictionary/unsupported https://www.merriam-webster.com/dictionary/assertion https://www.merriam-webster.com/dictionary/topic https://www.merriam-webster.com/dictionary/...
by Phineas J. Whoopee
Sat Jan 14, 2017 3:04 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7250

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

Roth money is helpful when retiring early as a source of tax free money to live on while you convert tax deferred dollars to Roth paying zero or low income taxes. Do you mean pull money out of your Roth account to live on so you don't have an income tax burden so you can pull money out of your trad...
by Phineas J. Whoopee
Sat Jan 14, 2017 3:02 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7250

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

some people pay no income tax at all. why would such a person want a tIRA over a Roth? Because they may have a have a high marginal tax rate, which generally favors Traditional over Roth. :oops: Do you mean the people jacoavlu refers to, who pay no income tax at all, may have a high marginal tax ra...
by Phineas J. Whoopee
Sat Jan 14, 2017 2:25 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7250

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

some people pay no income tax at all. why would such a person want a tIRA over a Roth? Because they may have a have a high marginal tax rate, which generally favors Traditional over Roth. :oops: Do you mean the people jacoavlu refers to, who pay no income tax at all, may have a high marginal tax ra...
by Phineas J. Whoopee
Sat Jan 14, 2017 2:20 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7250

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

Roth money is helpful when retiring early as a source of tax free money to live on while you convert tax deferred dollars to Roth paying zero or low income taxes. Do you mean pull money out of your Roth account to live on so you don't have an income tax burden so you can pull money out of your trad...
by Phineas J. Whoopee
Fri Jan 13, 2017 11:29 pm
Forum: Investing - Theory, News & General
Topic: Burton Malkiel says "Don't Buy Bonds"
Replies: 48
Views: 8733

Re: Determining bond allocation

HomerJ wrote:...
I agree, but very often age is a huge factor in your risk tolerance and personal financial situation.

I agree too, but with one caveat:

Get off my lawn!

PJW
by Phineas J. Whoopee
Fri Jan 13, 2017 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Question Re Bond Funds
Replies: 13
Views: 1041

Re: Asset Allocation Question Re Bond Funds

If you scroll down in the link you'll see there's more to it than that. It may take days or weeks to prepare the post, which is often a learning experience in itself.

Also, it's probably best if you start a new thread asking for portfolio advice, to garner more sets of eyeballs.

PJW
by Phineas J. Whoopee
Fri Jan 13, 2017 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 80
Views: 6047

Re: Where do you keep your emergency fund?

... Can you please share which stable value fund you're using in your taxable account? I'm not avenger, but the structure of stable value funds is not compatible with taxable accounts. I'd be very surprised if you find one available. The way stable value funds work, in concept and often in practice...

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