Search found 1345 matches

by J G Bankerton
Fri Aug 30, 2019 5:33 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5206

Re: Warren buffet sits on cash

JoMoney wrote:
Fri Aug 30, 2019 5:29 pm
Buffett also frequently discloses that Berkshire Hathaway is subject to some pretty big liabilities when mega-catastrophes occur.
Her name is Dorian.
by J G Bankerton
Fri Aug 30, 2019 5:30 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 21696

Re: What is your allocation to U.S. and International?

Today my 10% VXUS +.54% beat my 90% VTI -.003%; a most unusual day.
by J G Bankerton
Fri Aug 30, 2019 5:26 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5206

Re: Warren buffet sits on cash

LISD wrote:
Fri Aug 30, 2019 2:26 pm
One of my takeaways from his books is that if you can't find good investments, it's perfectly OK stay in cash.
Retail investors always have a good investment, buy and hold VTI.
by J G Bankerton
Fri Aug 30, 2019 5:17 pm
Forum: Investing - Theory, News & General
Topic: Buy limit order question.
Replies: 14
Views: 679

Re: Buy limit order question.

He really wants to buy it at 148, but if it's trending up, he doesn't want to miss out on the up swing. In that case, just buy it at the current price. Don't use a limit order. Why wait until the price rises? If he's willing to buy it at a price higher than current price, why not just buy it at cur...
by J G Bankerton
Fri Aug 30, 2019 2:16 pm
Forum: Investing - Theory, News & General
Topic: Buy limit order question.
Replies: 14
Views: 679

Re: Buy limit order question.

If you don't have enough money in your account and you don't have margin, I think usually the 148 order won't execute if you are filled at 150 and your funds are drained. I would not really want to test it though. I divide my monthly money in to buy units, if that runs out during a free-fall I borr...
by J G Bankerton
Fri Aug 30, 2019 12:54 pm
Forum: Investing - Theory, News & General
Topic: Buy limit order question.
Replies: 14
Views: 679

Re: Buy limit order question.

Why would you prefer VTI at 148 or below, 150 or above, but not at 149? I bought at 149 but didn't want to buy again until VTI was at 150 or 148. I'm trying to buy the dips but I don't want to miss a rally; I also want to go out a play in the yard and not watch the ticker constantly. It was payday ...
by J G Bankerton
Fri Aug 30, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: Buy limit order question.
Replies: 14
Views: 679

Buy limit order question.

Is there a way to set a buy limit order not to execute at a lower price? I wanted to buy VTI if it went above 150 or fell below 148. I had already bought at 149 and didn't want any more in the 149 range. I know it is time in the market and not market timing but my question still stands as I'm experi...
by J G Bankerton
Fri Aug 30, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 134
Views: 10831

Re: Quicken 2019 and forward

Does anyone get Citi, Chase or Wells Fargo to download with "web connect"? I have Quicken 2017 and have to manually import from those three. I have no issues with Chase (Web connect) in 2017 or 2019, I have had hit or miss issues with Wells Fargo (Web Connect) in 2014, 2017 & 2019. This week, my Qu...
by J G Bankerton
Fri Aug 30, 2019 7:13 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 150102

Re: U.S. stocks continue to soar!

The yield on the 3 month T-bill spiked up to 3.5% at 2am what is going on? CNBC was talking about a 3X leveraged fund. US bonds and stocks are the best house in a decaying neighborhood. The world is dumping money into US stocks and bonds. Oh fudge, today was pay day and the market soars. :( I hate ...
by J G Bankerton
Thu Aug 29, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

https://agentsurvivalguide.com/2020-maximum-broker-commissions-for-medicare-advantage-and-medicare-part-d https://insurancenewsnet.com/innarticle/medigap-growth-draws-agent-interest#.XWhYJ_BKjcs For the fifth year in a row, CMS has raised maximum broker commissions for Medicare Advantage and Medica...
by J G Bankerton
Thu Aug 29, 2019 3:49 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5206

Re: Warren buffet sits on cash

One is that he will always keep enough cash on hand in a very conservative way to cover even the worst case 100 year insurance claims as he never wants to be in a position to borrow money. Insurance companies are regulated and have to have the cash the regulators require. GE was recently called out...
by J G Bankerton
Thu Aug 29, 2019 3:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 150102

Re: U.S. stocks continue to soar!

goblue100 wrote:
Thu Aug 29, 2019 3:08 pm
According to CNBC, best two day rally since June! Who saw this coming?
When it comes to the outcome in investing and baseball nobody knows nothing. :mrgreen:
by J G Bankerton
Thu Aug 29, 2019 3:02 pm
Forum: Personal Investments
Topic: Warren buffet sits on cash
Replies: 44
Views: 5206

Re: Warren buffet sits on cash

Warren Buffet doesn't have much to do with the day to day division making any longer, he says he trusts Ajit and Greg decisions.
by J G Bankerton
Thu Aug 29, 2019 2:56 pm
Forum: Personal Consumer Issues
Topic: Looking to buy a Patagonia jacket. Which are your favorites?
Replies: 27
Views: 2796

Re: Looking to buy a Patagonia jacket. Which are your favorites?

My favorite is whatever is on a closeout sale. :greedy
by J G Bankerton
Thu Aug 29, 2019 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

Spirit Rider wrote:
Thu Aug 29, 2019 12:46 pm
. A good insurance agent can be invaluable in determining the best fit/value for you. The same is true for Medigap brokers.
Who pays these agents; are they fiduciaries?
by J G Bankerton
Thu Aug 29, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

drawpoker wrote:
Thu Aug 29, 2019 10:27 am
It will be news to me if you can prove that all insurers selling Part D plans pay exactly the same commissions to brokers. Which is what your post seems to be saying.
I don't need an advisor to buy Vanguard funds and I don't need a broker to buy insurance.
by J G Bankerton
Thu Aug 29, 2019 8:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 150102

Re: U.S. stocks continue to soar!

Oh fudge, today was pay day and the market soars. :(
by J G Bankerton
Thu Aug 29, 2019 6:24 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

cashmoney wrote:
Wed Aug 28, 2019 10:30 pm
the insurance companies don't have an evil plot to keep [senior citizens] from getting their amolodipine and lipitor.
Insurance companies have a fiduciary responsibility to maximize profits for their share holders. Enough said.
by J G Bankerton
Wed Aug 28, 2019 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

FBN2014 wrote:
Wed Aug 28, 2019 3:15 pm
Why Part D Will Drive You Nuts

[link formatted by admin LadyGeek]
They sell insurance.
by J G Bankerton
Wed Aug 28, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

Has anyone here ever met a "market timing expert"? :confused There are scores of "self professed market timing experts" on CNBC. Market timers are what caused the inverted yield curve. I'm too cheap to have cable, so the lure of Investment Porn does not affect me. :shock: Check out the Yahoo Financ...
by J G Bankerton
Wed Aug 28, 2019 2:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1506
Views: 150102

Re: U.S. stocks continue to soar!

Stinky wrote:
Wed Aug 28, 2019 11:28 am
It’s been 9 days since activity on this thread.

Maybe when S&P hits 2900 (again), it will be time to officially open this thread for business.
We soar and free fall several times a day. Somebody is making a lot of money, that would be the brokers who get a fee for every buy and sell order.
by J G Bankerton
Wed Aug 28, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

FBN2014 wrote:
Wed Aug 28, 2019 1:17 pm
I don't fully understand it all. :oops:
Insurance companies are like financial "advisors", they don't want you to understand. Just trust them. :wink:
by J G Bankerton
Tue Aug 27, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

Out of curiosity I looked up Medicare Part D plans available to me. There are scores of choices all with confusing prices and limits. Some require AARP membership. What's up with that? AARP has nothing to do with insurance.

OP I wouldn't trust any of them, good luck.
by J G Bankerton
Tue Aug 27, 2019 3:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

stocknoob4111 wrote:
Tue Aug 27, 2019 3:26 pm
..one had to endure 50% drawdowns and several gray hairs.
Buy the dips.
by J G Bankerton
Tue Aug 27, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

robertmcd wrote:
Tue Aug 27, 2019 10:19 am
This baby is about to melt down
I feel my herd instinct stirring. Should I buy gold instead of VIT? :confused
by J G Bankerton
Tue Aug 27, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

The solution is obvious. If currency is fixed, create your own money, because that is what money really is. Real Bills and Warehouse receipts of tobacco and cotton were common. So the lack of currency (gold), lead to a demand in alternative money (warehouse receipts), which lead to a increase deman...
by J G Bankerton
Tue Aug 27, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

Bluce wrote:
Tue Aug 27, 2019 8:28 am
Has anyone here ever met a "market timing expert"? :confused
There are scores of "self professed market timing experts" on CNBC.
Market timers are what caused the inverted yield curve.
by J G Bankerton
Tue Aug 27, 2019 7:13 am
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

You seem to be confused between coupon rate and yield. Yield is what matters. I'm not confused. People keep dragging a red hearing across my posts. The poster I was responding was asking about Vanguards total bond index fund going negative. What company issued a bond that people paid the company in...
by J G Bankerton
Mon Aug 26, 2019 6:19 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

... Corporate bonds will never go negative. For sovereign bonds they will take out of the principal. Entirely incorrect YTM is Beardstown accounting. How much interest does the company issuing the bonds get from the buyers? I rest my case. PJW Why didn't you answer a simple question? What company i...
by J G Bankerton
Mon Aug 26, 2019 5:57 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

Phineas J. Whoopee wrote:
Mon Aug 26, 2019 5:19 pm
J G Bankerton wrote:
Sun Aug 25, 2019 2:54 pm
...
Corporate bonds will never go negative. For sovereign bonds they will take out of the principal.
Entirely incorrect
YTM is Beardstown accounting. How much interest does the company issuing the bonds get from the buyers?
by J G Bankerton
Mon Aug 26, 2019 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

One thing you might want to check is to see whether a different plan might be cheaper if you changed your prescriptions slightly. I would suggest trying the drug before switching plans. I whiteness someone go into anaphylactic shock when he was given the brand name drug instead of the generic he ha...
by J G Bankerton
Mon Aug 26, 2019 11:10 am
Forum: Personal Consumer Issues
Topic: Technology in K-8 Education
Replies: 51
Views: 1849

Re: Technology in K-8 Education

Our son is now entering first grade at a local Waldorf School ... Private school or home schooling will be the only way the OP can get what he wants. He could run for a seat on the board of education but even there he will only have one vote. That is assuming he could convince the voters to his way...
by J G Bankerton
Mon Aug 26, 2019 11:01 am
Forum: Investing - Theory, News & General
Topic: Dividends and LTCG Tax Question
Replies: 3
Views: 380

Re: Dividends and LTCG Tax Question

For a single tax payer there is 0% LTCG tax on income from $0-$39,375 that income includes LTCG. After that you pay from 15% to 20% tax on LTCG.
by J G Bankerton
Mon Aug 26, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

So what percentage drop would be The Mother of all RBDs? :confused (or, TMOARBDS) Anything over −20.47% the record set on October 19, 1987. I lived through that one and am doing fine. That would be a day for TLH. I took enough tax loss in December to last many years. I can only use $3,000 a year to...
by J G Bankerton
Sun Aug 25, 2019 9:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

Bluce wrote:
Sun Aug 25, 2019 9:00 pm
So what percentage drop would be The Mother of all RBDs? :confused (or, TMOARBDS)
Anything over −20.47% the record set on October 19, 1987. I lived through that one and am doing fine.
by J G Bankerton
Sun Aug 25, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

Then what is all this talk about underwriting? It's all about being able to move up to a better plan once your health gets worse. But many/most Bogleheads seemed to opt for Medigap Plan F in the past, and have in recent year changed to Plan G. (Underwriting doesn't apply to drug plans, which is the...
by J G Bankerton
Sun Aug 25, 2019 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

Are they allowed to set the rates at their own and favorable to certain particular groups over others? Are the freebies such as gym membership come at a cost? I take the standard plan offered by my former employer as it doesn't cost me anything. It is with United Health Care. I get Silver Sneakers,...
by J G Bankerton
Sun Aug 25, 2019 8:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

How do you setup a buy bot? It is just a buy limit order of VTI at 143, I set it for 60 days or good until cancelled. Vanguard gives me access to their super computer for free. Such a deal. :beer Figured as much. I'm still trying to remember all the order names. I was trying hard to figure out why ...
by J G Bankerton
Sun Aug 25, 2019 8:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

Keep calm we are a long way from a free-fall. My buy bot of VTI at 143 isn't close to executing. My last buy of VTI is still up .91%. Hold on until September VTI, I'm on borrowed money. How do you setup a buy bot? It is just a buy limit order of VTI at 143, I set it for 60 days or good until cancel...
by J G Bankerton
Sun Aug 25, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

The medigap (I assume supplement) rules are quite confusing and look like all over the place. Since it is an insurance, a careful selection is called for. An Anthem Medicare representative explained a few months ago that an underwriting is needed when changing from Medicare Advantage to Supplement ...
by J G Bankerton
Sun Aug 25, 2019 8:36 pm
Forum: Personal Consumer Issues
Topic: Technology in K-8 Education
Replies: 51
Views: 1849

Re: Technology in K-8 Education

I'd pull one out of my desk for certain assignments to hand to kids who were not otherwise allowed access to technology due to the sort of ADHD stuff you are talking about (while the other students would carry their school-issued chromebooks from class to class and keep them with them). That would ...
by J G Bankerton
Sun Aug 25, 2019 8:06 pm
Forum: Personal Consumer Issues
Topic: Technology in K-8 Education
Replies: 51
Views: 1849

Re: Technology in K-8 Education

As a teacher I would get a student like that every couple years where the parent did NOT want the child to receive a school issued chromebook or iPad and that requested alternate assignments in lieu of digital learning. I'm surprised they were accommodated. I found teachers want parents involved in...
by J G Bankerton
Sun Aug 25, 2019 6:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

Keep calm we are a long way from a free-fall. My buy bot of VTI at 143 isn't close to executing. My last buy of VTI is still up .91%. Hold on until September VTI, I'm on borrowed money. How do you setup a buy bot? It is just a buy limit order of VTI at 143, I set it for 60 days or good until cancel...
by J G Bankerton
Sun Aug 25, 2019 6:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12071
Views: 2055540

Re: U.S. stocks in free fall

DanMahowny wrote:
Sun Aug 25, 2019 5:15 pm
Futures down -300 or so.

If things get much worse, perhaps the Plunge Protection Team will get the call?
I hope they hold off until after pay day.
by J G Bankerton
Sun Aug 25, 2019 5:48 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

Corporate bonds will never go negative. Some already have. Link? We are talking about Vanguard VBTLX. Globally, over $1 trillion worth. Including some issued overseas by US companies. That is backward Beardstown accounting click bate. The bonds were not issued with negative yields. "Investors don’t...
by J G Bankerton
Sun Aug 25, 2019 4:28 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

lazyday wrote:
Sun Aug 25, 2019 3:55 pm
J G Bankerton wrote:
Sun Aug 25, 2019 2:54 pm
Corporate bonds will never go negative.
Some already have.
Link? We are talking about Vanguard VBTLX.
by J G Bankerton
Sun Aug 25, 2019 2:54 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

RCL wrote:
Sun Aug 25, 2019 2:34 pm
Assuming yields will go negative, would the bond fund investor have to pay the difference between zero and a negative rate or would it just be a matter of a reduction the account balance ?
Corporate bonds will never go negative. For sovereign bonds they will take out of the principal.
by J G Bankerton
Sun Aug 25, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part D Plan - Input Needed
Replies: 86
Views: 4410

Re: Medicare Part D Plan - Input Needed

The medigap (I assume supplement) rules are quite confusing and look like all over the place. Since it is an insurance, a careful selection is called for. An Anthem Medicare representative explained a few months ago that an underwriting is needed when changing from Medicare Advantage to Supplement ...
by J G Bankerton
Sun Aug 25, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Technology in K-8 Education
Replies: 51
Views: 1849

Re: Technology in K-8 Education

For the most part people who are able and interested in STEM careers can earn far more with less difficult challenges in a STEM career than they can in teaching. My daughter has a degree in bioengineering. She had a job lined up with NASA to engineer plants to grow on the moon and beyond. Funding w...
by J G Bankerton
Sun Aug 25, 2019 11:57 am
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 249
Views: 21411

Re: Negative Interest Rates in U.S.

Not a lot different than me setting up "The Welderwannabe Prize in Bogleheads Studies in memory of Alfred Nobel" and calling it a Nobel prize :beer As long as the Nobel Foundation, the holder of the copyright to the name "Nobel Prize", doesn't object you will be good to go. You will also have to se...