Search found 521 matches

by alpenglow
Thu Feb 15, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth - How am I doing?
Replies: 14
Views: 2212

Re: Net Worth - How am I doing?

Like others are saying, there isn't enough info. What is your annual salary? Annual expenses? etc
by alpenglow
Thu Feb 15, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: New reduced rate on REIT Dividends
Replies: 16
Views: 2321

Re: New reduced rate on REIT Dividends

willthrill81 wrote:
Thu Feb 15, 2018 11:56 am
People miss the lack of migration leading to low turnover and especially when yields are low, it's not very tax inefficient
Isn't that true of other investments as well, such as fixed income? I feel like it's all relative.
by alpenglow
Thu Feb 15, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 41
Views: 5316

Re: Unfinished basement ideas

Sounds like a great space to race Big Wheels.



Image
by alpenglow
Thu Feb 15, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: New reduced rate on REIT Dividends
Replies: 16
Views: 2321

Re: New reduced rate on REIT Dividends

He says that the Wiki is incorrect with its statement that REITs are one of the most tax inefficient asset classes. Other tax-inefficient investments are REITs , small value funds, and actively managed funds that frequently churn their holdings. Put tax-inefficient funds into tax-advantaged account...
by alpenglow
Wed Feb 14, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6600

Re: Day trading for a living/career?

The bid-ask spread alone was a great way to make money. Decimalization tightened spreads down quite a bit. As others have mentioned, HFT took away profitable opportunities that I was able to do very quickly by hand. I usually made hundreds of trades daily, often being in a stock for seconds at a ti...
by alpenglow
Tue Feb 13, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 46
Views: 4446

Re: Replacement for Google Finance price quote function

Thanks 529guy - you're the man. I was getting very annoying with the delayed update!

Is there any way to scrape data from this site?

https://www.nysdcp.com/iApp/rsc/netAssetValue.x
by alpenglow
Mon Feb 12, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2275

Re: Lower Payroll Withholding - What are you doing with it?

I moved withholding back up to cover partial Roth conversions.
by alpenglow
Sun Feb 11, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2362

Re: your assets - now verses end of year?

Networth down about 1.5% from end of Jan 2018. Up a little bit compared to EOY thanks to paycheck contributions. No biggie.
by alpenglow
Sat Feb 10, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6600

Re: Day trading for a living/career?

alpenglow, Thank you for your insight. As a veteran trader of 15-20 years, I really value your insight and honesty about the industry. I guess if one could still be making good money at it, you would still be in the game? My pleasure. I'm sure there is still money to be made, but, like I said, what...
by alpenglow
Sat Feb 10, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6600

Re: Day trading for a living/career?

Just because you're going to meet one? I met Magic Johnson one time. The thought of playing a game and making millions sounded appealing to me. But I didn't consider trying to become a professional basketball player. I was super disciplined and stuck to my bread and butter. I had a few strategies t...
by alpenglow
Sat Feb 10, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6600

Re: Day trading for a living/career?

A lot of money were making money selling vol until it blew up in their faces. Look up XIV if you don't know what I'm talking about.
by alpenglow
Sat Feb 10, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6600

Re: Day trading for a living/career?

I was a professional day trader about 15-20 years ago at a now notorious company in NYC. And back then exchanges had special order types that were not known to everybody that allowed firms to take advantage of retail traders. Some of those day-trading classes sold the software that used those order...
by alpenglow
Sat Feb 10, 2018 9:48 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6600

Re: Day trading for a living/career?

I was a professional day trader about 15-20 years ago at a now notorious company in NYC. I can say that I did in-fact make lots of money, consistently. At one point, I had a solid year of positive trading days in row. That's right. One year straight without a single negative day. In retrospect, that...
by alpenglow
Fri Feb 09, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 110
Views: 6212

Re: Suggest coffee maker please

Aeropress or french press. Both delicious, but different. They are cheap enough to try both. My only suggestion for french press is to go with stainless steel. I used to use glass Bodum but after breaking a few I made the switch to stainless (thanks bogleheads for that suggestion!).
by alpenglow
Fri Feb 09, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Internet Speed 15Mbps okay ?
Replies: 27
Views: 1905

Re: Internet Speed 15Mbps okay ?

I have 10Mbps right now. The cable guy warned me that it was a bad choice but guess what, it works great and I'm saving a lot of money. We have no problem with streaming and surfing at the same time, including streaming music and Netflix simultaneously.
by alpenglow
Thu Feb 08, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: What the 1987 crash looked like 5 minutes by 5 minutes
Replies: 9
Views: 1295

Re: What the 1987 crash looked like 5 minutes by 5 minutes

I remember this day very well. My mom picked me up from football practice and we heard the closing report on the news on the drive home. I was only 13 but already very interested in the financial markets, thanks to my dad (we used to watch Wall Street Week with Louis Rukeyser every Friday night). I...
by alpenglow
Thu Feb 08, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: What the 1987 crash looked like 5 minutes by 5 minutes
Replies: 9
Views: 1295

Re: What the 1987 crash looked like 5 minutes by 5 minutes

the local newspaper showing "Dow plunges 501 points" or whatever it was. Why does the media continue to speak in points instead of percentage change? I'm looking at the S&P 500 down > 600 points today and no one cares because it's about 2.5% but this evening we will probably hear in the news DOW PL...
by alpenglow
Mon Feb 05, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Inverse VIX ETN down 80% after hours
Replies: 42
Views: 5171

Re: Inverse VIX ETN down 80% after hours

This is definitely going to leave a mark on Credit Suisse.
by alpenglow
Tue Jan 30, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Warning: 2017 HR Block program miscalculates federal tax (windows)
Replies: 16
Views: 1738

Re: Warning: 2017 HR Block program miscalculates federal tax (windows)

whodidntante wrote:
Mon Jan 29, 2018 10:05 pm
squirm wrote:
Mon Jan 29, 2018 10:04 pm
I hope they have an update by April 14 when I do my taxes.
Is that when Vanguard issues their 1099s? :happy
Yes, followed by an corrected 1099 in July. :annoyed
by alpenglow
Mon Jan 29, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: File a Form 8606 when converting from a deductible Rollover IRA to a Roth?
Replies: 8
Views: 628

Re: File a Form 8606 when converting from a deductible Rollover IRA to a Roth?

Related question: I'm not finding a 2017 8606 yet. Does anyone know when this comes out?
by alpenglow
Thu Jan 25, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat the urge to spend?
Replies: 68
Views: 3669

Re: Strategies to combat the urge to spend?

There's a beauty in genuinely not caring what others think. 100%! Take a step beyond the peer pressure and think for your yourself. Identify what's most important to you and act accordingly. Align yourself with people that think similarly or at the very least respect your choices. My friends aren't...
by alpenglow
Thu Jan 25, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat the urge to spend?
Replies: 68
Views: 3669

Re: Strategies to combat the urge to spend?

There's a beauty in genuinely not caring what others think. 100%! Take a step beyond the peer pressure and think for your yourself. Identify what's most important to you and act accordingly. Align yourself with people that think similarly or at the very least respect your choices. My friends aren't...
by alpenglow
Thu Jan 25, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat the urge to spend?
Replies: 68
Views: 3669

Re: Strategies to combat the urge to spend?

Don't watch TV. Don't go to stores except to purchase specific items that you need. Shopping is not a hobby. Realize that advertising is all around you. Avoid trying to keep up with the Jones at all costs. Google hedonic adaptation. For the most part, stuff depreciates rapidly in value and the novel...
by alpenglow
Tue Jan 23, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Lawn service etiquette
Replies: 36
Views: 3743

Re: Lawn service etiquette

I live in a relatively HCOL area (NY Metro) on an acre. While I do all of my own work, my friends and neighbors hire people. In my area, the weekly mow and blow is a standard part of the contract. Fall and spring clean-up, including mulching, is extra and negotiated separately. Even by NY standards,...
by alpenglow
Mon Jan 22, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: "The Pain of Discipline or the Pain of Regret?"
Replies: 33
Views: 3500

Re: "The Pain of Discipline or the Pain of Regret?"

CppCoder wrote:
Sat Jan 20, 2018 8:22 pm
nedsaid wrote:
Sat Jan 20, 2018 8:12 pm
I choose the pain of discipline.
Me too. I don't even find it painful :).
I agree. There is freedom in discipline. Freedom from second guessing yourself. Freedom from making behavior mistakes. Freedom to do better things with your time instead of fretting over investment choices.
by alpenglow
Sat Jan 20, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 7618

Re: Lost money through Bitconnect scam - learned my lesson

Thanks for sharing your story. I hope posting it was somewhat therapeutic. Let's face it, losing money sucks. I was a professional day trader when I was younger. Yes, I know what people are thinking. I was actually good at what I did and at one point made money every day for a full year. I was highl...
by alpenglow
Fri Jan 19, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: What can I do to fight this ridiculous medical bill?
Replies: 86
Views: 4312

Re: What can I do to fight this ridiculous medical bill?

Aside from the situation, I'd crop that image to remove your real name and presumed account number.
by alpenglow
Sun Jan 14, 2018 3:30 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4893

Re: Nostalgic about old online brokerages that no longer exist

I worked for the trading arm of Datek Online. Ah, the good old days. :moneybag
by alpenglow
Wed Jan 10, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Help gmail security question
Replies: 27
Views: 1594

Re: Help gmail security question

I would be tempted to call the phone number. First, I'd ask for "Joe" and play it as a wrong number (dialed wrong). Once I scoped out the number and who/how answered I would call and give them the good news that they were awarded a prize of free pizzas and our people would be down to deliver them, ...
by alpenglow
Tue Jan 09, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3412

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

“Forever home” is often used to justify stretching for a home purchase. That extra cost becomes ok because it’s forever! I agree. I've seen people do some ridiculous upgrades on their homes because they are "forever". I'm only in my early 40's, but I've already seen how my needs and thoughts can ch...
by alpenglow
Mon Jan 08, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Muir Woods (California) requires reservations.
Replies: 16
Views: 1997

Re: Muir Woods (California) requires reservations.

Grasshopper wrote:
Sun Jan 07, 2018 8:53 am
If you have the time hike in from Muir Beach, we did this in September, lots of parking, walking makes you appreciate the local area.
Great suggestion. I loved Muir Beach.
by alpenglow
Wed Jan 03, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Short Term Cash
Replies: 15
Views: 1032

Re: Short Term Cash

I think some people here use VCSH, a short-term corporate bond ETF. https://personal.vanguard.com/us/funds/snapshot?FundId=3145&FundIntExt=INT&ps_disable_redirect=true If you want a shorter duration and less price variation, perhaps consider Vanguard's Ultra-Short Term Bond Fund (VUSFX). https://per...
by alpenglow
Mon Jan 01, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Savings Bond Wizard to be eliminated 5/18
Replies: 45
Views: 4920

Re: Savings Bond Wizard to be eliminated 5/18

nisiprius wrote:
Mon Jan 01, 2018 7:06 am
It's another indication that the Treasury is ramping down resources and support for savings bonds.
My thought exactly.
by alpenglow
Thu Dec 21, 2017 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51064

Re: Tax Bill Omnibus Thread

Bacchus01 wrote:
Thu Dec 21, 2017 5:03 am
How can you submit a new W4 in Jan when it appears there will be no legal W4s to submit? Must get done before year end then.
I submitted a new W4 yesterday.
by alpenglow
Wed Dec 20, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51064

Re: Tax Bill Omnibus Thread

sandramjet wrote:
Wed Dec 20, 2017 6:20 pm
Anyone know if there are any changes in the deductibility of EE/I bonds used for education (or using proceeds to fund a 529 plan)?
Good question - does anyone know? I was hoping to deduct I bond interest in 2018 to fund a 529. I already did so in 2017.
by alpenglow
Wed Dec 20, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 124
Views: 12695

Re: Confusion about prepaying property taxes

My tax bill states, "Due Dec 1, 2017" but the first half is payable until Jan 15 and the second half is payable until May 15. I am paying the whole bill in Dec and I feel it should be deductible. Edit: MODS: I see some of these threads are getting locked. The main thread is very difficult to follow...
by alpenglow
Wed Dec 20, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 124
Views: 12695

Re: Confusion about prepaying property taxes

My tax bill states, "Due Dec 1, 2017" but the first half is payable until Jan 15 and the second half is payable until May 15. I am paying the whole bill in Dec and I feel it should be deductible.
by alpenglow
Wed Dec 20, 2017 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51064

Re: Tax Bill Omnibus Thread

I read the language of my property tax bill. It clearly states, "Due Dec 1, 2017, Payable until May 25, 2018." I think I am well within the law to pay the entire amount in 2017 to capture the deduction. Yay!
by alpenglow
Wed Dec 20, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51064

Re: Tax Bill Omnibus Thread

Does this affect Roth conversion strategy or timing? I'd think the only issues would be that (1) the changes in tax brackets may change the amounts converted in 2018, etc. at the margins and (2) the elimination of Roth re-characterization may limit some cleverness, but am wondering if there are oth...
by alpenglow
Wed Dec 20, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51064

Re: Tax Bill Omnibus Thread

I was planning to pay my full property tax bill in December to capture a better deduction. The bill in my municipality is cut December 1, 2017 and the town states: "FIRST HALF PAYMENT DUE: Payable and Post marked January 10th without penalty. First and second payments may be paid at the same time p...
by alpenglow
Wed Dec 20, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51064

Re: Tax Bill Omnibus Thread

I was planning to pay my full property tax bill in December to capture a better deduction. The bill in my municipality is cut December 1, 2017 and the town states: "FIRST HALF PAYMENT DUE: Payable and Post marked January 10th without penalty. First and second payments may be paid at the same time pr...
by alpenglow
Mon Dec 18, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Paying for Roth Conversions
Replies: 3
Views: 614

Re: Paying for Roth Conversions

Thanks for your replies!
by alpenglow
Sun Dec 17, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for Roth Conversions
Replies: 3
Views: 614

Paying for Roth Conversions

Now that we've paid off the mortgage and will be maxing out 403b/457/Roth IRAs, we should still have some money leftover to start Roth IRA conversions. We should be able to convert about $25000/yr in the 15% bracket. I am still working and would like to increase withholding to cover the conversions....
by alpenglow
Sun Dec 17, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Ripple and Ethereum: Which exchange do you use and do you recommend it?
Replies: 14
Views: 1970

Re: Ripple and Ethereum: Which exchange do you use and do you recommend it?

Ripple seems a bit annoying to buy in the US. I was looking into it last week mostly for educational purposes. It appeared that the best way to go was to buy Bitcoin at Coinbase and then convert elsewhere. Given the volatility of bitcoin and conversion fees, I wasn't interested. FWIW, I don't hold a...
by alpenglow
Fri Dec 15, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 3486

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

I bonds will keep up with inflation, before taxes. They will likely outperform a savings account, though there is no guarantee there. Be aware that you can't take out the money in the first year. In addition, there is a 3 month interest penalty for withdrawals in years 2-5. I don't know your time ho...
by alpenglow
Fri Dec 15, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: What happened to Bridgeway???
Replies: 14
Views: 1523

Re: What happened to Bridgeway???

dcabler wrote:
Fri Dec 15, 2017 11:37 am
These posts are how we know that it's December! :P
Like clockwork!
by alpenglow
Mon Dec 11, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: Best Parmesan Cheese for Salad
Replies: 29
Views: 1778

Re: Best Parmesan Cheese for Salad

There is truly no substitute for real Parmigiano-Reggiano.
by alpenglow
Fri Dec 01, 2017 7:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 171
Views: 22076

Re: Vanguard 403b Changes

It seems I've been lucky. I'm sorry to hear that some are having problems with conversion and posting of contributions. This is well worth the extra fees! In 18 years, I can rollover to an IRA. This has solidified my plan to move all assets to Fidelity.