Search found 4401 matches

by Phineas J. Whoopee
Mon Feb 08, 2016 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Did my taxes myself for the first time, feels great
Replies: 3
Views: 83

Re: Did my taxes myself for the first time, feels great

Well done, happy you feel good about it, and hope you reap the benefits of your newfound knowledge for many years to come.
PJW
by Phineas J. Whoopee
Mon Feb 08, 2016 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: corporate bonds, where art thou?
Replies: 4
Views: 384

Re: corporate bonds, where art thou?

... I’ve seen in the Wall Street Journal *some* corporate bnds listed with their trading prices but not all corporate bonds. Is there a better place to view the trading prices of *all* corporate bonds? ... You could try the FINRA bond screener . It seems to list in excess of 43,000 corporate issues...
by Phineas J. Whoopee
Mon Feb 08, 2016 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS
Replies: 7
Views: 392

Re: TIPS

I'm not arguing with rrppve, who has a view. I'm also not agreeing. Please allow me to add information. Short-term TIPS should be expected to track inflation more closely than longer, but they have a lower expected real return. One can mix Vanguard's two funds to achieve a real duration anywhere bet...
by Phineas J. Whoopee
Mon Feb 08, 2016 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS
Replies: 7
Views: 392

Re: TIPS

... Also off-topic, from reading news articles, it seems like central banks have been trying achieve a certain inflation target by pumping lots of liquidity (e.g., US 2%) but have been largely unsuccessful (with risk of deflation continuing to persist). If so, would TIPS return anything? For exampl...
by Phineas J. Whoopee
Sun Feb 07, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: BillFixers - Anyone Used It?
Replies: 4
Views: 599

Re: BillFixers - Anyone Used It?

If somebody pretends to be me when dealing with a business entity , is the fraudulent nature of what's being done to the target lessened if I've given the imposter my permission? What they seem to be doing is far different from somebody, like an agent or an attorney, openly representing me. In any e...
by Phineas J. Whoopee
Sun Feb 07, 2016 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing without selling
Replies: 15
Views: 1098

Re: Rebalancing without selling

There's no problem with rebalancing by directing new contributions to below-target asset classes, just as there isn't with rebalancing by selling from above-target classes to meet current expenses. Should the contributions, or the withdrawals, to or from the portfolio be too small in relation to its...
by Phineas J. Whoopee
Sat Feb 06, 2016 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Long time lurker, first time poster
Replies: 8
Views: 1137

Re: Long time lurker, first time poster

cheese_breath wrote:Briar Rabbit... Any realtion to Brer Rabbit?
...

That was my first thought, but there is such a thing.

This is a good lesson in not assuming somebody is ignorant of what we know, without checking to be sure we aren't ignorant of what they know.

Welcome, Briar!

PJW
by Phineas J. Whoopee
Sat Feb 06, 2016 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should we really trust the market?
Replies: 20
Views: 2861

Re: Should we really trust the market?

... In my opinion a far more sinister form of rigging comes from central banking and its injection of money into the economy to create wealth effects. Very simply, when federal rates were zero, some parties had access to that money . I did not. ... I believe, TomCat96, you are conflating cause with...
by Phineas J. Whoopee
Fri Feb 05, 2016 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Possible to purchase excess SIPC coverage?
Replies: 10
Views: 578

Re: Possible to purchase excess SIPC coverage?

Try Treasury Direct, claims to be 100% secure . ... That's quite the extreme statement. I have assets through treasurydirect.gov, but I've never come across a 100%-secure claim. Can you provide a reference from them themselves? Any clear claim of such a thing from the Bureau of the Public Debt will...
by Phineas J. Whoopee
Thu Feb 04, 2016 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Possible to purchase excess SIPC coverage?
Replies: 10
Views: 578

Re: Possible to purchase excess SIPC coverage?

Try Treasury Direct, claims to be 100% secure. ... That's quite the extreme statement. I have assets through treasurydirect.gov, but I've never come across a 100%-secure claim. Can you provide a reference from them themselves? Any clear claim of such a thing from the Bureau of the Public Debt will ...
by Phineas J. Whoopee
Thu Feb 04, 2016 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: What growth rate would you use?
Replies: 75
Views: 3516

Re: What growth rate would you use?

Would I? I dunno.

Do I? Zero.

PJW
by Phineas J. Whoopee
Thu Feb 04, 2016 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 51
Views: 5205

Re: Friend is an Edward Jones financial advisor -- should I drop him?

Continue a friendly relationship? Yes. Of course. Become an EJ client? No, of course not. Your friend is under enormous pressure to recruit you as a customer. It's worth taking that fact into consideration. If the friend refuses to continue without stealing your money, it was h/er/is choice to end t...
by Phineas J. Whoopee
Thu Feb 04, 2016 10:51 pm
Forum: Investing - Theory, News & General
Topic: Why didn't bond funds go down?
Replies: 27
Views: 3432

Re: Why didn't bond funds go down?

... Someone who needs to store 100 million Euros for next quarter's business spending. They have few other options. :!: Imagine a trans-national corporation , whose continued existence doesn't depend on any UN-member state's particular set of laws, like, for example, Apple , trying to meet payroll ...
by Phineas J. Whoopee
Thu Feb 04, 2016 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Should we really trust the market?
Replies: 20
Views: 2861

Re: Should we really trust the market?

... In my opinion a far more sinister form of rigging comes from central banking and its injection of money into the economy to create wealth effects. Very simply, when federal rates were zero, some parties had access to that money . I did not. ... I believe, TomCat96, you are conflating cause with...
by Phineas J. Whoopee
Thu Feb 04, 2016 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Should we really trust the market?
Replies: 20
Views: 2861

Re: Should we really trust the market?

^ warowits, that's an awful lot to read into my self-described rhetorical question, which boiled down to: who decides? Is it you who decides for me? Both of those questions were also rhetorical.
PJW
by Phineas J. Whoopee
Thu Feb 04, 2016 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: IRS 1095 equivalent for short term health coverage?
Replies: 15
Views: 742

Re: IRS 1095 equivalent for short term health coverage?

Thanks for the valuable addition, HueyLD.
PJW
by Phineas J. Whoopee
Thu Feb 04, 2016 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: IRS 1095 equivalent for short term health coverage?
Replies: 15
Views: 742

Re: IRS 1095 equivalent for short term health coverage?

If you had three months of coverage that wasn't qualified, you will be subject to the penalty tax for those three months, which on tax forms is called the shared responsibility payment . Two months of such coverage would not be subject to the payment, because Congress included a grace period of up t...
by Phineas J. Whoopee
Thu Feb 04, 2016 8:46 pm
Forum: Investing - Theory, News & General
Topic: Take the Verb Tense Pledge!
Replies: 69
Views: 3757

Re: Take the Verb Tense Pledge!

I'll be willing to have done did it.
PJW

P.S.: BFFFFF. I agree with nisi.
by Phineas J. Whoopee
Thu Feb 04, 2016 8:39 pm
Forum: Investing - Theory, News & General
Topic: "Money in the stock market isn't real money"
Replies: 55
Views: 4985

Re: "Money in the stock market isn't real money"

I think the following may cause confusion when discussing "real money." It is a form vs. function thing. Right. As noted by others earlier in the thread, this is a definitional problem. The OP even recognizes the fact, by putting the world real in front of the word money . If a person thi...
by Phineas J. Whoopee
Thu Feb 04, 2016 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should we really trust the market?
Replies: 20
Views: 2861

Re: Should we really trust the market?

I think the market should be focused on long term investment. I would love a rule that made you hold any security you purchased for at least 24 hours. What societal value is there in day trading/high frequency trading? Some marginal increase in liquidity? And I'll counter with another rhetorical qu...
by Phineas J. Whoopee
Wed Feb 03, 2016 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard energy fund
Replies: 14
Views: 1835

Re: Vanguard energy fund

^ You make a good point, ourbrooks, and I'd like to make a complimentary point based on the same underlying information. The bankruptcy of a company and an auction of its assets, should things come to that, does not destroy the assets, especially physical ones. It happened around fifteen years ago w...
by Phineas J. Whoopee
Tue Feb 02, 2016 9:43 pm
Forum: Forum Issues and Administration
Topic: Ban Symbols [Ticker symbols in topic title]
Replies: 16
Views: 984

Re: Ban Symbols [Ticker symbols in topic title]

jhfenton wrote:...
As long as folks stick to the 50 - 100 tickers that I know, it makes perfect sense to abbreviate. Using tickers I don't have memorized is just stupid.

Good one!
PJW
by Phineas J. Whoopee
Tue Feb 02, 2016 9:28 pm
Forum: Forum Issues and Administration
Topic: Ban Symbols [Ticker symbols in topic title]
Replies: 16
Views: 984

Re: Ban Symbols [Ticker symbols in topic title]

livesoft, you, presumably inadvertently, left out TLA.

nisiprius, I, definitely advertently, am not leaving out TLI, and I don't mean Trans-Lunar Injection.

PJW
by Phineas J. Whoopee
Tue Feb 02, 2016 8:15 pm
Forum: Forum Issues and Administration
Topic: Ban Symbols [Ticker symbols in topic title]
Replies: 16
Views: 984

Re: Ban Symbols

Regardless of the considerateness or otherwise of using symbols in subject titles, how could such a ban be enforced? The moderators are already overworked and un der paid. I'm of two minds. Sometimes one is ascendant, sometimes the other. One is to ignore the threads. The other is to respond, and in...
by Phineas J. Whoopee
Tue Feb 02, 2016 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX vs FSTVX [Vanguard vs. Fidelity Total Stock Market]
Replies: 16
Views: 1319

Re: VTSAX vs FSTVX

... Great to know. I had no idea that Vanguard had a patent on redistributing capital gains for products having an ETF equivalent. It certainly makes a difference from a capital gains distribution. ... To be more explicit, Vanguard has a patent on one method of doing so, that it invented. It doesn'...
by Phineas J. Whoopee
Tue Feb 02, 2016 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard energy fund
Replies: 14
Views: 1835

Re: Vanguard energy fund

OP, A consideration not so far mentioned is that, with your wife's employment in the energy industry, you as a couple are already exposed to the sector more than average investors, so it is yet more of a concentration of risk for you to invest in it beyond market cap. You're free to take the additio...
by Phineas J. Whoopee
Tue Feb 02, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: First time doing taxes, need advice
Replies: 8
Views: 471

Re: First time doing taxes, need advice

Welcome to the forum! Others are correct in that you are required to report interest income. The onus is on the individual taxpayer, not the bank or credit union which chooses not to send a 1099-INT if it isn't required to. The same goes for anything else you're supposed to report, although being mi...
by Phineas J. Whoopee
Tue Feb 02, 2016 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Temporary "retirement"... any tips?
Replies: 9
Views: 735

Re: Temporary "retirement"... any tips?

Thank you joebh and Pam01. I was indeed mistaken. I'll edit my first post in this thread to point to your later ones, so nobody in the future will be misled by me. :thumbsup
PJW
by Phineas J. Whoopee
Tue Feb 02, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Temporary "retirement"... any tips?
Replies: 9
Views: 735

Re: Temporary "retirement"... any tips?

... Voluntary resignation is indeed a COBRA qualification event if it causes one to lose health coverage. OP has a choice between COBRA and ACA. COBRA may not be offered by very small companies with a few employees. If the company offers COBRA, then OP is eligible for COBRA if resignation caused hi...
by Phineas J. Whoopee
Tue Feb 02, 2016 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Temporary "retirement"... any tips?
Replies: 9
Views: 735

Re: Temporary "retirement"... any tips?

... Compare COBRA expenses versus the cost of health insurance with the (potentially subsidized) ACA. [Edited to add] My original understanding was incorrect, and I've struck through it. Thanks to Pam01, and to joebh who, lower down in the thread, not only said I was wrong but provided a reference....
by Phineas J. Whoopee
Tue Feb 02, 2016 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Qualifying event: health insurance
Replies: 5
Views: 479

Re: Qualifying event: health insurance

It depends on who's doing the qualifying. An employer-based plan doesn't have to allow a spouse who lost insurance, for whatever reason, onto its plan if it doesn't want to, but has to be consistent in its availability. The provision is an extra benefit for married employees. An individual plan does...
by Phineas J. Whoopee
Mon Feb 01, 2016 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Low income... Contribute more 401k or save towards first home?
Replies: 18
Views: 1437

Re: Low income... Contribute more 401k or save towards first home?

And if I may add, at this very best place to obtain good advice, the best advice will be available if you post in our asking portfolio questions format, which not only includes more detail on your present situation, but also more about what you want to accomplish, when, and why. I recommend it.
PJW
by Phineas J. Whoopee
Mon Feb 01, 2016 8:28 pm
Forum: Investing - Theory, News & General
Topic: Equal weight index funds
Replies: 46
Views: 3189

Re: Equal weight index funds

... I'm talking about pricing better than the EMH would necessarily produce, where assets are some kind off CAPM ideal where any deviation from total market cap weighting—underweighting or overweighting any stock—produces a worse allocation. This is where the total market is optimal in the Markowit...
by Phineas J. Whoopee
Mon Feb 01, 2016 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: 401k - Highly Compensated Employee?
Replies: 27
Views: 2214

Re: 401k - Highly Compensated Employee?

Like it or not, it's so the most highly-paid employees don't also reap the biggest advantages. Congress set it up that way.

You could, I suppose, ask for a pay cut. :happy

More seriously, you could engage politically, trying to get the law changed.

PJW
by Phineas J. Whoopee
Mon Feb 01, 2016 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Online Bank recommendation
Replies: 50
Views: 4317

Re: Online Bank recommendation

I just opened a Cash Management Account at Fidelity. It's like a checking account and even has check writing, but they don't call it that, maybe because they're not a bank. I think it's FDIC insured. ... It is , although Fidelity isn't and doesn't run a bank. They have an arrangement with several b...
by Phineas J. Whoopee
Mon Feb 01, 2016 6:47 pm
Forum: Investing - Theory, News & General
Topic: Equal weight index funds
Replies: 46
Views: 3189

Re: Equal weight index funds

... The only real stipulation needed is that stocks are not all perfectly priced , and as a result the marginal contribution to risk/return is not all the same. This mispricing could arise from limits of arbitrage or various other practical breakdowns of perfect market efficiency in the real world,...
by Phineas J. Whoopee
Mon Feb 01, 2016 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Alternatives with Emergency Funds
Replies: 16
Views: 1290

Re: Alternatives with Emergency Funds

I think I Bonds serve this role well. As long as you slowly move over part of your existing emergency fund to the I Bonds, you won't get hindered much by the 12-month mandatory waiting period. As a downside I would expect money to come out of Treasury Direct a little slower than an online savings a...
by Phineas J. Whoopee
Mon Feb 01, 2016 4:02 pm
Forum: Investing - Theory, News & General
Topic: relationship Bonds an interest rate
Replies: 4
Views: 541

Re: relationship Bonds an interest rate

Suppose I bought $10000 of a bond index fund. If feds increase interest rate to 0.5%, what will happen to my yield and the price of each share? If feds decrease rate to 0%, what happens? If feds decrease to -.25%, what happens? Thanks. The Fed only controls the shortest of short term rates at which...
by Phineas J. Whoopee
Mon Feb 01, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Alternatives with Emergency Funds
Replies: 16
Views: 1290

Re: Alternatives with Emergency Funds

... I did pick up that if we went TIPS that it would be best to buy directly. ... Happy you find the discussion helpful. I want to point out that the part of your post I quote is by no means agreed. There are a variety of opinions, some held and stated strongly. You can find a number of prior threa...
by Phineas J. Whoopee
Mon Feb 01, 2016 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: List of all tax-advantaged space?
Replies: 22
Views: 1836

Re: List of all tax-advantaged space?

"MyRA" ($5,500) Haven't heard much about this one since all the fanfare when it was announced a few years ago. Fanfare when it was announced, mostly derisive if I recall correctly, and hardly a sound when it was implemented a few months ago . As noted above by JDDS it's a Roth IRA, so it ...
by Phineas J. Whoopee
Mon Feb 01, 2016 3:13 pm
Forum: Investing - Theory, News & General
Topic: Why didn't bond funds go down?
Replies: 27
Views: 3432

Re: Why didn't bond funds go down?

When the Fed raises interest rates, bond funds are supposed to go down. Yet Total Bond Market is up over 1% already this year. Can someone explain this? Bonds are so confusing! I agree that bond behavior can be complex and confusing, but this particular time I think you have, probably from everybod...
by Phineas J. Whoopee
Mon Feb 01, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Alternatives with Emergency Funds
Replies: 16
Views: 1290

Re: Alternatives with Emergency Funds

... We would like to keep 1/2 fairly accessible, but want to put the other half in some sort of vehicle to make a safe return / hedge inflation . We don't see us needing to access this at all for the next few years (we have another fund to cover medical or car expenses). ... I bonds track inflation...
by Phineas J. Whoopee
Mon Feb 01, 2016 2:24 pm
Forum: Personal Consumer Issues
Topic: Final Question on ACA/'obamacare" application 2015
Replies: 22
Views: 2609

Re: Final Question on ACA/'obamacare" application 2015

... 1. ... What are your thoughts on whether the ACA has been of benefit to people who can afford high deductibles and who are healthy? Any links I can read on this? There's no way to respond to your first question without getting into politics, so I'll decline. 2. My catastrophic plan was in effec...
by Phineas J. Whoopee
Sun Jan 31, 2016 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Berkshire B or VDIGX dividend fund for IRA?
Replies: 3
Views: 466

Re: Berkshire B or VDIGX dividend fund for IRA?

If you tell us something about what your needs are, which from your OP appears to be a chart :happy, we might be able to help. There's no point choosing an action without having decided what one means to accomplish by it. If you haven't already, you might post in our asking portfolio questions forma...
by Phineas J. Whoopee
Sun Jan 31, 2016 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: keep VINIX Institutional Index in 401K?
Replies: 1
Views: 251

Re: keep VINIX Institutional Index in 401K?

Vanguard's Institutional Index Fund Institutional Shares (VINIX) is an S&P 500 index fund. She wouldn't need to consider similar Vanguard funds, because it is one. To the extent an S&P 500 index fund fits her portfolio needs, it's among the best available. What do you mean when you ask wheth...
by Phineas J. Whoopee
Thu Jan 28, 2016 3:49 pm
Forum: Investing - Theory, News & General
Topic: leveraged / Inverse equities
Replies: 15
Views: 971

Re: leveraged / Inverse equities

Our wiki has a an article giving the reasons why one should not do what you're asking about: Inverse and leveraged ETFs.
PJW
by Phineas J. Whoopee
Thu Jan 28, 2016 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can I open a Roth IRA?
Replies: 6
Views: 533

Re: Can I open a Roth IRA?

From IRS Pub 590 A: ... It wasn't my question, and you didn't direct the answer to me, but thanks, Alan. If I may ask, simply out of desiring a broader understanding of the subject, what about other taxable damages that are reported on a 1099-MISC, or even other 1099 forms? Can those be counted as ...
by Phineas J. Whoopee
Wed Jan 27, 2016 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Can I open a Roth IRA?
Replies: 6
Views: 533

Re: Can I open a Roth IRA?

Hi espartakus2016, and welcome to the forum! It would appear a W-2 is issued for back wages awards. I don't honestly know the answer to your question, but thought I'd bring up the fact in case it helps anybody else answer. The linked source also lists other types of taxable damages, such as punitive...
by Phineas J. Whoopee
Wed Jan 27, 2016 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Starting off 2016: If you had $15,000.00 to invest, what would you do with it?
Replies: 21
Views: 2240

Re: Starting off 2016: If you had $15,000.00 to invest, what would you do with it?

... Any ideas on where I could use the $15 k and make lets say $500 a week and keep building on it? Just in a rut and was looking for some answers to broaden my horizon... $500 x 52 weeks = $26,000, plus the initial investment, $15,000, is $41,000, 270% of the starting value, and I'm ignoring the c...
by Phineas J. Whoopee
Wed Jan 27, 2016 8:11 pm
Forum: Personal Consumer Issues
Topic: Best Netflix/YouTube interface for the Big Screen?
Replies: 44
Views: 1638

Re: Best Netflix/YouTube interface for the Big Screen?

We still use a desktop PC hard wired via HDMI to the TV for anything internet related. Works great. Normally we just duplicate the desktop to TV, but I suppose we could extend it and still use the monitor for other things at the same time. ... That's what I do, but I also use a three-way switch so ...

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