Search found 1933 matches

by J G Bankerton
Thu Jul 02, 2020 8:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

I'm staying 90% VOO, Larry can't keep it up much longer; after beating the index for 27 years his luck is due to run out. It's not only his luck.... After 27 years and a billion dollars, almost anyone is going to be thinking about retirement. In April he said he wasn't going to retire. I'll bet Lar...
by J G Bankerton
Thu Jul 02, 2020 6:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

On top of the +1.47% VXUS, we have VWO +2.37% and MCHI (China ETF) +3.35%. That is all I have to bark about that. One more word, I just did rithmetic for three funds I have/had on 6/15/2020. That day I sold foreign and went with Larry the stock picker. From that date to today the total return, incl...
by J G Bankerton
Thu Jul 02, 2020 4:20 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

Time to switch threads. It's free falling Up .46%. :beer Three days off enjoy. 1.47% VXUS 8-) Of course, one doesn't need VXUS. Every dog has his day. At this point in time one doesn't need foreign stocks. I will reevaluate that in the 4th quarter. That is all I have to say about that.
by J G Bankerton
Thu Jul 02, 2020 3:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

fatcoffeedrinker wrote:
Thu Jul 02, 2020 3:01 pm
jason2459 wrote:
Thu Jul 02, 2020 2:57 pm
Time to switch threads. It's free falling
At least DM and EM held up today. I know, wrong thread...
Elon is selling shorts with flames on them. TSLA up 8% today, 400% for the year.
Tesla will make fabulous short shorts in radiant red satin with gold trim
by J G Bankerton
Thu Jul 02, 2020 3:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

jason2459 wrote:
Thu Jul 02, 2020 2:57 pm
Time to switch threads. It's free falling
Up .46%. :beer Three days off enjoy.
by J G Bankerton
Thu Jul 02, 2020 2:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

mrspock wrote:
Thu Jul 02, 2020 1:56 pm
Mr. Market really wants to run today, I think he's got the fireworks ready to go, and is ready to send them SOARING into the night sky!
Oh fudge, day traders are raining on the parade at the close. I knew that would happen; three days holding a stock is forever to them. :annoyed
by J G Bankerton
Thu Jul 02, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

OMG, this market has boggled my mind. VOO went ex-dividend on 6/29/2020 and I didn't notice the drop. It was drowned out by the "raging bull". https://images.findagrave.com/photos250/photos/2017/262/183590420_1505929043.jpg I just noticed today money magically appeared in my dividend area. Money for...
by J G Bankerton
Thu Jul 02, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

Futures are up. After all, it would only be appropriate to head into the Independence Day long weekend, with US equities continuing to SOAR! :sharebeer Mr Futures Market seemed to like the jobs report. Soaring. Job gain of 4.8 million in June smashes expectations If we weren't in the throws of a pa...
by J G Bankerton
Wed Jul 01, 2020 9:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

Robot Monster wrote:
Wed Jul 01, 2020 4:43 pm
J G Bankerton wrote:
Wed Jul 01, 2020 4:12 pm
Robot Monster wrote:
Mon Jun 29, 2020 5:59 pm
Russell 2000 kicked the S&P's little butt. Go team small caps!
Every dog has his day, and it was only a day.
I thought that was the whole point of this thread, ignoring the big picture in favor of the small day-to-day POV?
OIC, I thought it was the next hot sector after the bubble bursts.
by J G Bankerton
Wed Jul 01, 2020 4:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19253
Views: 2672205

Re: U.S. stocks in free fall

Sell order triggered at $101.56 for 40% of my TQQQ. Maybe I am not a long term investor after all, LOL. :sharebeer Notable ETF Inflow Detected - TQQQ... "Be fearful when others are greedy, and greedy when others are fearful," said Warren Buffett, a phrase that encapsulates the contrarian philosophy."
by J G Bankerton
Wed Jul 01, 2020 4:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

I don't want to pile on any extra temptations (but) I have been learning about options. One thing I have learned is "Everybody" knows the market is going down, so puts are expensive. But yet, the market doesn't go down, and so the people who buy the puts are sad at the end. You can be a doofus with...
by J G Bankerton
Wed Jul 01, 2020 11:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

And I refuse to take any guff about my QQQ. Party Like It's 1999: Short The QQQ I'm with Curly Dave. Good luck with your short. I didn't write the article, I just happened to stumble across it when I searched for QQQ. I can't short or borrow, I have not filled out the forums, it protects me if I sh...
by J G Bankerton
Wed Jul 01, 2020 11:23 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536217

Re: What are you up YTD? [Year To Date]

revhappy wrote:
Wed Jul 01, 2020 9:58 am
In INR terms, networth up 2.43% for the year, but without including salary savings inflow, it is down 1.61%
In USD terms INR 527 Lakhs = $700k
When all is said and done Beardstown Ladies accounting is the all important bottom line. :moneybag
by J G Bankerton
Wed Jul 01, 2020 11:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19253
Views: 2672205

Re: U.S. stocks in free fall

I don't like to see this thread active, it wounds my animal spirit and that makes him sad. :(
by J G Bankerton
Tue Jun 30, 2020 4:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

CurlyDave wrote:
Tue Jun 30, 2020 3:14 pm
And I refuse to take any guff about my QQQ.
Party Like It's 1999: Short The QQQ
by J G Bankerton
Tue Jun 30, 2020 3:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

Looks like another melt-up into the close! Of course. I have a lump sum going in today after close... I'll be posting in the free fall thread tomorrow.... Looks like another melt-up into the close! That figures, my 401k contribution is going in today. I'm still paying back the cash I borrowed from ...
by J G Bankerton
Tue Jun 30, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19253
Views: 2672205

Re: U.S. stocks in free fall

TheTimeLord wrote:
Tue Jun 30, 2020 10:16 am
My cost basis for all purchases since and including June 24th is $92.335 for those who were wondering how I am doing on my little adventure.
Why post in the free-fall thread? You are going to jinx it.
by J G Bankerton
Tue Jun 30, 2020 11:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

I would take VXUS over TRBCX (T. Rowe Price Blue Chip Growth Fund). Good, Larry's TRBCX has been getting too big and that worries me. It has only been a few weeks but so far so good. Today is looking to be the best day so far, foreign down a bit, large growth up 1.25% What a country, we can put our...
by J G Bankerton
Mon Jun 29, 2020 11:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

Index funds and chill. So much free time to enjoy life. :beer I agree but I had to get out of foreign stocks. After many years I was finally breaking even and bailed. The problem is, past performance is no guarantee of future results. You might have picked a terrible time to bail. With the benefit ...
by J G Bankerton
Mon Jun 29, 2020 7:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

I learned my lesson a long time ago. Index funds and chill. So much free time to enjoy life. :beer I agree but I had to get out of foreign stocks. After many years I was finally breaking even and bailed. I should have put the money in an S&P 500 index fund but I didn't. After doing due diligence, I...
by J G Bankerton
Mon Jun 29, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

Looking at the returns for any investment when I hit the adjust for inflation button I see the odds are get longer for everyone. Inflation eats more profits than most people think. In 23 years $150,000 is only $89,000 in buying power. I hear that! In the late 90's, my retirement number was $X. When...
by J G Bankerton
Mon Jun 29, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

And the more efficient the market becomes, the more difficult that individual stock picking becomes. We have may reached a point with regard to market efficiency where even the best pickers in the world simply cannot outperform the market consistently on a cost-adjusted basis This is a graph compar...
by J G Bankerton
Mon Jun 29, 2020 4:54 pm
Forum: Investing - Theory, News & General
Topic: Understanding the “ETF of ETFs” structure
Replies: 15
Views: 976

Re: Understanding the “ETF of ETFs” structure

Vanguard publishes the ETF NAV every 15 minutes. It helps if you have access to a premium price service. The AP has no access to assets. I should have said market price, the market price is the NAV of the mutual fund at the close. That is what the premium or discount of the ETF is compared to. ‭The...
by J G Bankerton
Mon Jun 29, 2020 4:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

And the more efficient the market becomes, the more difficult that individual stock picking becomes. We have may reached a point with regard to market efficiency where even the best pickers in the world simply cannot outperform the market consistently on a cost-adjusted basis Larry P has been doing...
by J G Bankerton
Mon Jun 29, 2020 3:54 pm
Forum: Investing - Theory, News & General
Topic: Understanding the “ETF of ETFs” structure
Replies: 15
Views: 976

Re: Understanding the “ETF of ETFs” structure

I wonder about these Authorized Participants , they take value from the ETF yet the ETFs value stays very close the NAV of the securities it holds. The APs make money by pushing the etf price toward nav. It diverges from nav due to non-APs being inefficient or lazy. Pushing it to nav is a source of...
by J G Bankerton
Mon Jun 29, 2020 11:34 am
Forum: Investing - Theory, News & General
Topic: Understanding the “ETF of ETFs” structure
Replies: 15
Views: 976

Re: Understanding the “ETF of ETFs” structure

I was just commenting on how Vanguard's ETF are just a different class of shars in the mutual fund. Vanguard has a patent on combining the two. What you are posting is true. And the sky is blue. It is just it is irrelevant to the OPs question. What is relevant is that it is a fund, and funds are pa...
by J G Bankerton
Mon Jun 29, 2020 11:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6414
Views: 541781

Re: U.S. stocks continue to soar!

S&P Futures up about 0.5% this morning. Hopefully this thread will be active today. :moneybag From your keyboard to Mr. Market soars again. I had a limit order, VOO, executer at 276, I should have set it at 275 but I can't win them all. That was the last of my dry powder. Pay days are just a few da...
by J G Bankerton
Mon Jun 29, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: Understanding the “ETF of ETFs” structure
Replies: 15
Views: 976

Re: Understanding the “ETF of ETFs” structure

4. Are there any differences to note when it comes to taxes and dividends? Does the ETF of ETFs duplicate the tax efficiency of the two underlying ETFs? Vanguard has your back on taxes. How Vanguard Patented a System to Avoid Taxes in Mutual Funds Former mutual fund accountant here. Your link has n...
by J G Bankerton
Sun Jun 28, 2020 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 369
Views: 33150

Re: Quicken 2019 and forward

I wish there was a way to select more than one entry to delete. I established a little rhythm between mouse-click on delete and press enter to confirm, or something like that. I walked through it fairly quickly. This is how you can most efficiently delete multiple transactions. I found these instru...
by J G Bankerton
Sun Jun 28, 2020 5:31 pm
Forum: Investing - Theory, News & General
Topic: Bond ETF Dividend Data
Replies: 3
Views: 238

Re: Bond ETF Dividend Data

I'm talking about this data "Yield By Month". https://investor.vanguard.com/mutual-funds/profile/distributions/vbtlx Wish ETFs had the same. https://investor.vanguard.com/etf/profile/distributions/vcsh I never noticed that. Most Vanguard funds don't show a percent. You can easily figure out the per...
by J G Bankerton
Sun Jun 28, 2020 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 369
Views: 33150

Re: Quicken 2019 and forward

bertilak wrote:
Sun Jun 28, 2020 4:30 pm
Upon re-establishing my Citi download in Quicken (as recommended by PaunchyPirate) I noticed it hooked me up with Web Connect instead of Direct Connect.
I just noticed I was changed to Web Connect; last time I had problems I had to change to Direct Connect to get Citi to download. Oh bother.
by J G Bankerton
Sun Jun 28, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: Understanding the “ETF of ETFs” structure
Replies: 15
Views: 976

Re: Understanding the “ETF of ETFs” structure

BogleBuddy12 wrote:
Sun Jun 28, 2020 11:26 am
4. Are there any differences to note when it comes to taxes and dividends? Does the ETF of ETFs duplicate the tax efficiency of the two underlying ETFs?
Vanguard has your back on taxes.
How Vanguard Patented a System to Avoid Taxes in Mutual Funds
by J G Bankerton
Sun Jun 28, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: Bond ETF Dividend Data
Replies: 3
Views: 238

Re: Bond ETF Dividend Data

I assume you are talking about the SEC yield. What funds don't list a dividend percent? An ETF or mutual fund of the same bond types would have the same dividend except for the fees.
by J G Bankerton
Sun Jun 28, 2020 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 369
Views: 33150

Re: Quicken 2019 and forward

This way you do not create a new Quicken account. However, when you re-link it, it will also redownload about 90 days of transactions, most of which you probably have already downloaded when the linkage was originally working. I get that too; I'm not using cash unless absolutely necessary now so I ...
by J G Bankerton
Sun Jun 28, 2020 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: What is it like to work with an ETF
Replies: 15
Views: 1575

Re: What is it like to work with an ETF

Vanguard's ETFs are just a class of their mutual funds; Vanguard has a patent on doing it that way.

How Vanguard Patented a System to Avoid Taxes in Mutual Funds
by J G Bankerton
Sun Jun 28, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 369
Views: 33150

Re: Quicken 2019 and forward

Quicken updated this morning. My modified logo survived (remained unchanged). I was waiting to see if it would be wiped out in an update. You figured it out. Cool! :beer My modified logo survived the "update". The only thing I kept the same was the file name. I didn't touch the other Wells Fargo im...
by J G Bankerton
Sun Jun 28, 2020 1:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19253
Views: 2672205

Re: U.S. stocks in free fall

HomerJ wrote:
Fri Jun 26, 2020 4:32 pm
Sell in May?
Seems like pretty dumb advice.
It's not advice it is "poetic license".

That said futures are down but it's still early.
by J G Bankerton
Fri Jun 26, 2020 1:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19253
Views: 2672205

Re: U.S. stocks in free fall

Better to just ignore it... (I know, I know this thread is for people who like watching). This is why traffic backs up in the north bound lanes when there is a accident in the south bound lanes. It shows we are giving the ups and downs as much worry as they deserve. :wink: Waiting for the right tim...
by J G Bankerton
Fri Jun 26, 2020 1:44 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17301

Re: Susie Orman Says You are Crazy to be Investing in Bonds

After tax returns on those two options are not that different for those in high tax brackets. People will often compare a high interest savings account the returns of which are taxed as regular income, which for me in California is 50%, with low or no tax alternatives as though it is an apples to a...
by J G Bankerton
Fri Jun 26, 2020 1:21 pm
Forum: Investing - Theory, News & General
Topic: Market volatility
Replies: 11
Views: 946

Re: Market volatility

The notion of "paper losses" and that as long as you hold onto your shares, you haven't "really" lost money (since prices will always recover) is mostly a psychological device. If it helps you to invest your paycheck every month and keep yourself making good investment decisions, then by all means ...
by J G Bankerton
Fri Jun 26, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19253
Views: 2672205

Re: U.S. stocks in free fall

firebirdparts wrote:
Fri Jun 26, 2020 11:26 am
Gonna be a long hot summer. With about 15% unemployment.
Sell in May and go away, no one ever listens.
J G Bankerton wrote:
Fri May 08, 2020 1:10 pm
A talking head just reminded me; sell in May and go away. My how time flies.
by J G Bankerton
Thu Jun 25, 2020 3:13 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17301

Re: Susie Orman Says You are Crazy to be Investing in Bonds

If you're talking about the average Boglehead, then I agree that many will accumulate prodigious wealth and have equal or even higher incomes in retirement, especially if they defer SS benefits to age 70. But that's far from the case for the lion's share of Americans, especially since pensions are ...
by J G Bankerton
Thu Jun 25, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19253
Views: 2672205

Re: U.S. stocks in free fall

OK free-fall is over, back to the other thread. :moneybag
by J G Bankerton
Thu Jun 25, 2020 12:18 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17301

Re: Susie Orman Says You are Crazy to be Investing in Bonds

Orman is like a blind pig that eventually finds an acorn. The typical Boglehead will have considerable wealth in retirement. My 401K required minimum distribution was taxed at 51%.* * Hump tax. Roth contributions definitely make sense over traditional contributions in some situations, especially fo...
by J G Bankerton
Thu Jun 25, 2020 11:02 am
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17301

Re: Susie Orman Says You are Crazy to be Investing in Bonds

In the article she also says do 100% Roth no traditional... :oops: For most people, the exact opposite advice is much closer to 'optimal' in the sense of maximizing lifetime after-tax wealth. Exactly, most people do not have a lot of income after retirement, especially since pensions are now rare. ...
by J G Bankerton
Thu Jun 25, 2020 10:06 am
Forum: Personal Investments
Topic: Sell 40k taxable Total Bond to buy 2.25% CD question
Replies: 7
Views: 944

Re: Sell 40k taxable Total Bond to buy 2.25% CD question

OP, get a tax software, I use Turbo Tax. You can do "what if" scenarios by entering different amounts and types of income. That's how I found out about the SS hump tax. After I entered a certain amount of long term capital gains I found the tax owed wasn't worth taking the gain. A great advantage wi...
by J G Bankerton
Thu Jun 25, 2020 9:32 am
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17301

Re: Susie Orman Says You are Crazy to be Investing in Bonds

There is a different way looking at this. Short term loss is preserved by cash, long term loss is preserved by equities. Also 1.37% corporate bond still pays less than 1.5% CD. CDs are great for many but I can't put up with all the hoops the banks make one jump through. I can't move a CD with all t...
by J G Bankerton
Wed Jun 24, 2020 10:24 pm
Forum: Personal Investments
Topic: Sell 40k taxable Total Bond to buy 2.25% CD question
Replies: 7
Views: 944

Re: Sell 40k taxable Total Bond to buy 2.25% CD question

How much long term gains are there. I assume your father collects Social Security. You have to figure out how much more of his Social Security will be taxed. I have to be careful when I have gains, even if the gains are tax free, they trigger more of my Social Security to be taxed. I wound up paying...
by J G Bankerton
Wed Jun 24, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: Market volatility
Replies: 11
Views: 946

Re: Market volatility

Alexoch wrote:
Wed Jun 24, 2020 7:03 pm
I opened my you invest IRA account about 2 1/2 weeks ago.
You have a long way to go. Look at your IRA as often as you looked at your 401K. In 8 years your 401k has losses and gains 20 times more volatile than your IRA did in the last few weeks.