Search found 115 matches
- Wed Apr 21, 2021 3:19 pm
- Forum: Personal Investments
- Topic: Short term bond fund
- Replies: 6
- Views: 1290
Short term bond fund
Any recommendations on the best short term bond fund?
- Tue Apr 20, 2021 3:33 pm
- Forum: Personal Investments
- Topic: Fixed income bucket
- Replies: 9
- Views: 1221
Re: Fixed income bucket
Are you sure the same bond strategies apply in these times when interest rates are near 0? What's the next man up after bonds in a fixed income bucket?
I decided I would help them because they have a lot of difficulty and have used a financial advisor for years that charges 1%. Before that they were in an annuity.
I decided I would help them because they have a lot of difficulty and have used a financial advisor for years that charges 1%. Before that they were in an annuity.
- Tue Apr 20, 2021 3:02 pm
- Forum: Personal Investments
- Topic: Fixed income bucket
- Replies: 9
- Views: 1221
Fixed income bucket
I was going to set up my parents retirement buckets for them, and couldn't figure out what to use for fixed income. Are people still putting 50% into bond funds right now, knowing that the upside is very limited? What is the next best fixed income to use? Very little return on CD's, treasuries, etc
Buying indvidual bonds seems difficult to navigate, but are people doing that instead of bond funds? I series savings bond at 1.6875% is great but you can only put 10k into, is there anything else similar to that?
Buying indvidual bonds seems difficult to navigate, but are people doing that instead of bond funds? I series savings bond at 1.6875% is great but you can only put 10k into, is there anything else similar to that?
- Mon Apr 05, 2021 2:54 pm
- Forum: Personal Finance (Not Investing)
- Topic: Too early to retire?
- Replies: 53
- Views: 8508
Re: Too early to retire?
Why dont you both go part time. Part time work is easy.
- Fri Jan 29, 2021 2:41 pm
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 396977
Re: [GameStop GME trading mega-thread]
As for pump and dump, the whole meme stocks right now are going through pump and dump as they dont even have nearly as much short interest as GME and simply going up based on reddit users pumping them. Look at dogecoin's rise. The whole world is trying to get rich off of wallstreetbets.
- Fri Jan 29, 2021 2:39 pm
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 396977
Re: [GameStop GME trading mega-thread]
Is there anyway to sort out original short positions vs new short positions. The 113% remaining shorts, how many are new? Everyone knows that eventually this think will tank back down so new shorts will be coming in as well. Not sure how this thing ends, could go on for a long time with new shorts coming in. The end result will not be good left to its own free market devices.
- Thu Jan 28, 2021 10:10 pm
- Forum: Investing - Theory, News & General
- Topic: 2021 Financial Crisis
- Replies: 40
- Views: 4710
2021 Financial Crisis
Anyone else concerned about the wallstreet bets forums and how effective they have been in moving prices. I understand they found a prime target in GME and can squeeze the shorts. But what about everyone in general being at home, and getting in on these get rich schemes? Dogecoin is up %600 in 24 hours. Lots of people are getting rich, lots of people will pay as well. In fact I think they all know its essentially gambling money, but they are getting in on it because you have the potential to make a lot of money. How much damage will this do to hedge funds? Can this reddit game collapse the stock market? They have already done a lot more disruption than anybody would have predicted. Could hedge funds collapse and could we be headed for anoth...
- Thu Jan 14, 2021 11:56 am
- Forum: Investing - Theory, News & General
- Topic: What might cause a market correction ( 15-20% ) again
- Replies: 105
- Views: 10273
Re: What might cause a market correction ( 15-20% ) again
This is also a TINA market to me. I'm not afraid of anything (like most other investors), until we have interest rates moving up again which isnt happening for years. Sure we could have corrections of 10-15%, but it's all the same game to me - go all in on stocks.
Once the fed starts to hint of increasing rates, thats when I will change course and get out of my current 100% stock allocation.
Once the fed starts to hint of increasing rates, thats when I will change course and get out of my current 100% stock allocation.
- Wed Jan 13, 2021 2:39 pm
- Forum: Personal Finance (Not Investing)
- Topic: Got a job offer for $840k/yr. Should I come out of retirement?
- Replies: 256
- Views: 46375
Re: Got a job offer for $840k/yr. Should I come out of retirement?
I wouldnt commit to a year, too long when you don't even need the money. Doing some work and making awesome money over a short time frame is fun I think. I would do occasional work depending on whats going on in my life. Right now, a lot of people arent doing much because of covid - I would sign a 1 month contract. Maybe do a month the next year. Unless you absolutely hate your job, then I would never go back to it. Usually people still like some aspect of their job, especially when they are only doing it for a short time frame.
You have enough, it's all fun money. Answer should be easy, are you having fun making that money?
You have enough, it's all fun money. Answer should be easy, are you having fun making that money?
- Fri Jan 08, 2021 2:27 pm
- Forum: Personal Consumer Issues
- Topic: Drip coffee maker without plastic?
- Replies: 18
- Views: 3262
Re: Drip coffee maker without plastic?
I have a stainless steel commercial bunn as well. I replaced the plastic carafe with a stainless steel one. Will last you a really long time without any issues.
Don't think you will find a cheap coffee maker without plastic parts - that's how they make them cheap by using plastic. I bought the bunn because I was looking for a coffee maker without plastic parts.
Don't think you will find a cheap coffee maker without plastic parts - that's how they make them cheap by using plastic. I bought the bunn because I was looking for a coffee maker without plastic parts.
- Fri Jan 08, 2021 12:07 pm
- Forum: Investing - Theory, News & General
- Topic: 'The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble' - GMO
- Replies: 235
- Views: 35746
Re: 'The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble' - GMO
People can agree or disagree whether or not we are in a bubble...but I think everyone can agree that stocks are expensive as ever and that this is partly due to low interest rates, and TINA. Disagree, your statement is only true if you are considering a mostly US stock portfolio. There are just as low or lower interest rates in Europe and Japan yet valuations are 30-50% lower over there than in the US, and compared to their historical averages valuations are not anywhere near all time highs. Yet this interest rate argument gets repeated over and over. In emerging markets valuations are half those in the US, with interest rates not much higher in many of those countries. And if you tilt to value internationally there's a pretty strong argum...
- Thu Jan 07, 2021 2:38 pm
- Forum: Investing - Theory, News & General
- Topic: 'The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble' - GMO
- Replies: 235
- Views: 35746
Re: 'The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble' - GMO
People can agree or disagree whether or not we are in a bubble...but I think everyone can agree that stocks are expensive as ever and that this is partly due to low interest rates, and TINA. Bubbles produce massive gains, just make sure to jump off before it pops. Im fully invested in this market until interest rates move up again or there is a good alternative. Everyone continues to play this same game, questions will only arise when interest rates move up which may not come for years.
- Tue Jan 05, 2021 1:20 pm
- Forum: Investing - Theory, News & General
- Topic: Considering Investing in Value Only - Thoughts
- Replies: 115
- Views: 10091
Re: Considering Investing in Value Only - Thoughts
Value has undperformed Growth by A LOT over the past decade. If you believe in reversion to mean, then perhaps you could go value now.
I do not know why this is, but speculate its because we have had a low interest rate environment for the past decade. I do not see the low interest rate environment changing, therfore I would not switch to value. If we ever start moving rates up again, I would strongly consider value again for whatever stocks I held. My assett allocation would switch to less stocks as well. In the current low interest rate and stock bubble we are in, continue enjoying the growth ride and be all in on stocks and growth. Ride the growth stocks higher, including Tesla.
I do not know why this is, but speculate its because we have had a low interest rate environment for the past decade. I do not see the low interest rate environment changing, therfore I would not switch to value. If we ever start moving rates up again, I would strongly consider value again for whatever stocks I held. My assett allocation would switch to less stocks as well. In the current low interest rate and stock bubble we are in, continue enjoying the growth ride and be all in on stocks and growth. Ride the growth stocks higher, including Tesla.
- Tue Jan 05, 2021 11:20 am
- Forum: Personal Finance (Not Investing)
- Topic: Mortgage payoff question
- Replies: 37
- Views: 3381
Re: Mortgage payoff question
Bogleheads always say to pay off the mortgage because its gauranteed return - you wont find a 3.5% treasury bill or CD or anything else for that matter with no risk. However, such assetts have no place in anyone's portfolio with a long time horizon. If you have a long time horizon, you would do much better putting the money in stocks instead of paying off the mortgage. If you are retired, and doing something like 50-50 stocks bonds or 60-40 , then pay off the mortgage.
You may also want to consider refinancing, rates I thought were 2.5% or lower right now, depends on what kinda mortgage you got
You may also want to consider refinancing, rates I thought were 2.5% or lower right now, depends on what kinda mortgage you got
- Tue Jan 05, 2021 11:20 am
- Forum: Personal Finance (Not Investing)
- Topic: Mortgage payoff question
- Replies: 37
- Views: 3381
Re: Mortgage payoff question
Bogleheads always say to pay off the mortgage because its gauranteed return - you wont find a 3.5% treasury bill or CD or anything else for that matter with no risk. However, such assetts have no place in anyone's portfolio with a long time horizon. If you have a long time horizon, you would do much better putting the money in stocks instead of paying off the mortgage. If you are retired, and doing something like 50-50 stocks bonds or 60-40 , then pay off the mortgage.
You may also want to consider refinancing, rates I thought were 2.5% or lower right now, depends on what kinda mortgage you got
You may also want to consider refinancing, rates I thought were 2.5% or lower right now, depends on what kinda mortgage you got
- Mon Jan 04, 2021 2:54 pm
- Forum: Personal Consumer Issues
- Topic: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
- Replies: 341
- Views: 33448
Re: Any multimillionaire's (more than 2mm) out there still mow their own lawn?
People with millions are using their time to do whatever they like. I enjoy mowing my small lawn, its relaxing and good exercise, and I like being outdoors. Not everyone hates mowing the lawn. People will pay a personal trainer to train them at a gym, those same people don't want to do any yardwork because its too much for them. How about saving yourself a personal trainer session and do the yardwork instead?
- Sat Jan 02, 2021 10:08 am
- Forum: Personal Finance (Not Investing)
- Topic: Choosing a career
- Replies: 112
- Views: 8940
Re: Choosing a career
Doing what you love and doing what makes good money is always a balance. If you love art and pursued that at all costs without thinking how you were going to monetize your talents and passion, you could end up poor. If you pursued money at all costs, you could end up a burnt out physician, investment banker, dentist and hate your job and life. Most people will spend 1/3 of their lives working, you have to make sure you enjoy what you do. If you realize you don't like being a physician after you've become a physician, you've already spent 4 years of college, 4 years medical school and the high debt that comes with that, + 4-6 years residency training...Massive mistake. "Do what you love and never work a day in your life" - Very few...
- Fri Jan 01, 2021 5:31 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
The penalty is not 10%. It's 10% + Earnings X (FEDERAL INCOME TAX + STATE INCOME TAX) (for some this adds up to 50%), this is a whopper penalty. One of the biggest mistakes you can make. Its not 10% + capital gains tax, its + income tax on the earnings portion.
You're saying i don't understand your points, but you clearly dont understand mine.
You're saying i don't understand your points, but you clearly dont understand mine.
- Fri Jan 01, 2021 5:22 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
Lets say your kid doesnt go to college and now you have 25k sitting there. Now you must pay the penalty on this to take it out, which is whopping. And you did this all for what? How much did you really save by putting it into the 529 vs taxable? Let's say it doubled from 12k to 25k, so 13k. This same person could have been in the 0% capital gains bracket, so very little money was saved here to LOCK YOURSELF into education money. Downside risk with the penalty way overwhelms the tax advantages. Lots of people sitting there with an extra $100,000+ in 529s which they are basically stuck/screwed in. This is just one con of the 529. Some poster mentioned 600k going to education. To me he has overpaid, should have sent her to a cheaper school. Ma...
- Fri Jan 01, 2021 4:52 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
Im in the minority, that's ok. Majority of people on the other side have already funded their 529's so they cant be helped anyhow. Some however have not even started, so helpful all these points will reach them. The penalty for not using the funds on education is federal income tax, state income tax, and 10%...This can easily add up to over 50% penalty. The maximum you will pay for investing in a taxable account is 20% on the growth...and in fact some will be paying 0% and only minimal income tax on the dividends.... That's right, you have the flexibility of doing whatever you want with your money and paying a capital gains tax rate of 0% vs locking yourself up in a forced education fund and paying the 10% tax penalty + your state and feder...
- Fri Jan 01, 2021 10:26 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
Let me know how your kids turn out after you forced them to go into medical school because you did, and because you set up a large 529 plan and now are forced to use it. I know lots of rich people with screwed up families. It's one thing to push your kids in the right direction, its another to beat them over the head with the 529 plan you invested in until they get into medical or law school.
Which is one final point about putting money into a 529 plan, you may get mad at your kids for not using it or you may push them too hard when in fact that is not the best path for them. The penalties for pulling it out for non educational uses are too high, forcing your hand onto them.
Which is one final point about putting money into a 529 plan, you may get mad at your kids for not using it or you may push them too hard when in fact that is not the best path for them. The penalties for pulling it out for non educational uses are too high, forcing your hand onto them.
- Fri Jan 01, 2021 10:15 am
- Forum: Personal Investments
- Topic: Roth IRA before 401k mistake?
- Replies: 21
- Views: 1390
Re: Roth IRA before 401k mistake?
They actually have roth 401k's as well. Your decision basically boils down to: Will my tax rate be higher now or will it be higher in the future when I'm retired and pulling the money out? For most people, the answer is higher tax bracket now. If you don't know the answer, assume what happens to the majority which is they are in a higher tax bracket in their working years. Based on that, you should max out your 401k before you start putting into a TRADITIONAL IRA (if your income qualifies you for full tax deduction) or a Back Door Roth IRA. If you feel your taxes will be higher in retirement (this could be the case if you made a lot less this year due to covid) - You should get the 401k employer match portion, then roth ira, then max out 40...
- Fri Jan 01, 2021 9:46 am
- Forum: Personal Investments
- Topic: Worried we may have won the game - now what!?
- Replies: 63
- Views: 10487
Re: Worried we may have won the game - now what!?
Even with a conservative 3% withdrawal rate, you are still financially independent. Congrats. Do more of what we were all intended to do while living, enjoy life. You may have to learn how to live again, a lot of people forget in this rat race.
- Fri Jan 01, 2021 9:34 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
Again I understand all points, it seems several of you dont clearly understand my points. Anyways, thanks for the feedback. Going into this discussion I felt I had a pretty good grasp of the situation, and after this discussion I have an even stronger grasp now and even more conviction for never putting money into a 529. A poster brought up that he has $125,000 now in his 529 and his kid got a scholarship....yes he can withdraw the scholarship money and the rest of the money guess what.....He can withdraw at his ordinary tax income rate, state tax rate, and 10% penalty. Many of you will probably end up like this because the market will make your money grow well and you will end up overfunding, you will then be stuck with essentially almost ...
- Thu Dec 31, 2020 3:27 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
I understand all the points already made. Someone else has stated, I guess you can say im making the case to cash flow college SO that you can invest money 100% in stocks over time...you will end up with more money this way. Most of the people using 529's are upper middle or upper class and can afford to cash flow college. They go into the 529 for tax savings without properly thinking it all out. If you can afford to cash flow college, do you think it's better to put your money in a 529 or invest 100% stocks over 30+ years? And you cannot say that you are putting 100% stock allocation in a 529 because it makes no sense to do this, that is gambling and not investing. Actually to me, 100% stocks over a 10+ year time frame is investing. Any mo...
- Thu Dec 31, 2020 3:16 pm
- Forum: Personal Investments
- Topic: Critique My Half-Baked 529 Scheme
- Replies: 9
- Views: 839
Re: Critique My Half-Baked 529 Scheme
Employer is not going to reimburse you expenses without first submitting a receipt for the expenses. I have never heard of this, they want to first make sure you actually used the money for tuition and the only way to do this is to show payment.
You can fund the HSA, then pay for the course, then submit the course bill or receipt to your employer who will reimburse you for the expenses. I see no tax loophole available here to exploit. You have the same advantage of an HSA as everyone else with tax free GROWTH as everyone else.
You can fund the HSA, then pay for the course, then submit the course bill or receipt to your employer who will reimburse you for the expenses. I see no tax loophole available here to exploit. You have the same advantage of an HSA as everyone else with tax free GROWTH as everyone else.
- Thu Dec 31, 2020 12:36 pm
- Forum: Personal Investments
- Topic: Help Me Decide How and If To Retire Early
- Replies: 24
- Views: 4465
Re: Help Me Decide How and If To Retire Early
The money has been there. What took you so long to retire?
- Thu Dec 31, 2020 12:32 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
This definitely isn't a one size fits all sort of thing. It's a personal decision and depends on one's tax and family situation. I think most on here get that, but some seem to think that everyone should or should not have a 529 regardless on their personal situation. Personally, I think taxable is the right approach vs 529 if the one or more of the following are true: - You are not sure if your child will go to college - You are not sure if you want to pay for your child's college - You are concerned about your own retirement savings I think that's a good start. I would also add incase you want a bigger or backup emergency fund, taxable may be better. Or if one thinks they may FIRE before kids go off to college, taxable could be better. A...
- Thu Dec 31, 2020 12:30 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
Assett allocation is suppose to be based on time frame of when you actually need the money. I assumed people were on the same page as this is a very basic tenet of investing, but I suppose people are all over the place with this. And like you said, you are gambling...if you win, you can later call it good investing, and if you lose you will call it gambling. If assett allocation is not aligned with time frame, you are indeed gambling, not investing.
- Thu Dec 31, 2020 12:26 pm
- Forum: Personal Investments
- Topic: "Bucket" Approach
- Replies: 6
- Views: 694
Re: "Bucket" Approach
60/40 approach is for the retired who need money annually. If you dont need to touch that money for 10 years, I would be 100% stocks.
- Thu Dec 31, 2020 12:16 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
I have no budgetting for my kids expenses. My money is going to grow astronomically over 30+ years because I am 100% stocks. At retirement, I will probably go 50-50 or 60-40 stocks to bonds. I will pay for my kids expenses when they go to college through my own salary. Lets say I didnt have a high salary, I would still help them pay for it at some point...If the stock market enters a long bear market, I would not sell stock to fund their college...They can get a school loan and after the market recovers, I will pay off their loan. I don't see a reason why people must lock themselves into a time frame for paying off the cost of school - you are doing this once you select a 529. You always have the option of going 100% stocks and if the marke...
- Thu Dec 31, 2020 11:53 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
To everyone replying "This has nothing to do with the difference between 529's and taxable, this is just assett allocation difference" - Several replies like this already.
This is exactly my point. Your assett allocation must be different because of different time frames and the need to pull money out at X time when your kid goes to college. Are all of you guys 100% stocks in your 529's? Im sure you are a lot more aggressive in your taxable. How can you be 100% stocks when you need to pull money out for your kid next year? Have you guys actually done this or are you just shooting out theoretical answers?
This is exactly my point. Your assett allocation must be different because of different time frames and the need to pull money out at X time when your kid goes to college. Are all of you guys 100% stocks in your 529's? Im sure you are a lot more aggressive in your taxable. How can you be 100% stocks when you need to pull money out for your kid next year? Have you guys actually done this or are you just shooting out theoretical answers?
- Thu Dec 31, 2020 11:40 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
Investor Problems: Emotion Failure to really comprehend compound interest, which intuitively cannot be understand. Need to run calculators. Theres been some calculations comparing taxable account vs 529 but the real difference has not been calculated. The most important factor is the assett allocation difference. So let's say 10 years before your kids start college, you go %50 stocks, 50% bonds and hold that same allocation out ( In reality the difference will be worse as Im sure 1 year before college you may be 90% bonds). Also assume 10% historical average return for stocks and 5% for stocks (Stocks and bonds will have lower returns I believe, bonds even worse but anways im using historical averages. Lets say I have 40,000 in a 529 10 yea...
- Thu Dec 31, 2020 11:10 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
There are a lot of replies on here based on emotion. It feels good to put away money for your kids education, "I won't touch the money in the 529 because its for my kids education..." Putting money into a 529 certainly feels better than putting it into another account because of the feeling that you are saving for and contributing to your kids education. Investing however should be done without emotion. You buy index funds every paycheck, stay the course. Stay the course and stay away from 529's. You got 401ks and other retirement plans, backdoor roth ira's, and HSA's which are all great investments...The next step some will say is to put money next into a 529, and i say next step is taxable account. I know people may feel like he...
- Wed Dec 30, 2020 1:16 pm
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
Im not sure why a lot of people are suggesting 100% stock allocation in a 529...sure you can be, but allocation is suppose to be based on time horizon. If you need money in the next 5 years, you could get burned easily with 100% stock allocation. The fact is with a taxable account, I can withdraw whenever I want as my time horizon isnt 5 years, retirement withdrawls could be 30 years away and at that point they will likely be from a fixed income assett as assett allocation changes based on investment horizon. Someone with the same exact assett allocation in their 529 and their retirement account every year probably doesnt know much about investing. People who do, have 2 different buckets as people have already stated. Lets say you go 100% s...
- Wed Dec 30, 2020 11:50 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
Re: The Case Against 529's
And this is exactly my point, people end up with 2 different investment horizons, one for the 529 plan and one for their retirement plan. The retirement plan one is longer and more aggressive. Now imagine instead of taking that 529 plan money and also using it in that longer term more aggressive plan...Pay for your kids college from savings, fixed income, or salary. Who do you think ends up with a lot more money at retirement? The guy who did the 529 plan or the guy who put the money in a taxable account withe aggressive allocation instead?
- Wed Dec 30, 2020 11:31 am
- Forum: Investing - Theory, News & General
- Topic: The Case Against 529's
- Replies: 219
- Views: 18629
The Case Against 529's
I see a lot of information out there about how great 529's can be, but very little if any on what a bad idea I think they are. Here's my take on it" 1. You are forced to use the funds for education, otherwise 10% penalty AND you have to pay income tax on the growth (in a taxable count, you only pay a capital gains rate which varies from 0-20%). Who knows if your kids will even go to college and who knows exactly how much it will cost? Overfunded money is a big issue with the 10% penalty. 2. Investing strategy - I dont see this mentioned anywhere, but basically people doing these 529's are doing it early in their careers and their investment horizon is 30+ years. With such along horizon, the same money in a taxable account should be 100...
- Wed Dec 16, 2020 1:57 pm
- Forum: Investing - Theory, News & General
- Topic: Is Tesla being added to the S&P 500 concerning?
- Replies: 87
- Views: 11347
Re: Is Tesla being added to the S&P 500 concerning?
They should add bitcoin to the S&p500 too, the rise in value is similar to Tesla's
- Wed Dec 16, 2020 12:06 pm
- Forum: Personal Finance (Not Investing)
- Topic: cost of education
- Replies: 59
- Views: 4507
Re: cost of education
OP analogy is not valid. If you want the real opportunity cost you must compare it with the extra salary the kid gets from attending a better school...For example he may earn an extra $50,000, you then need to take that extra $50,000 and compound that in the market over time (yearly investing an extra 50,000 a year) for a valid comparison and it will blow your 9 million out of the water if you use the same very high assumption of 10% yearly return. For some professions, it doesnt matter where you went to school - Doctors that go to no name school, even foreign schools, are able to make the same as those who go to Harvard, and can even make more. For Lawyers, where you went to school will make or break you. You will make a lot more money if ...
- Wed Dec 09, 2020 1:00 pm
- Forum: Investing - Theory, News & General
- Topic: Passive Investing Bubble?
- Replies: 42
- Views: 4719
Re: Passive Investing Bubble?
I agree there is a passive investing bubble. Thats why I love to keep passively investing, im riding the bubble higher and higher. Lots of money is made riding bubbles. Even after the bubble pops, I will have already made a lot of money. How long did the coronavirus pop last? Not very long, be confident in this market. Pour lots of money into it and keep riding it higher. This market is rigged in our favor. Embrace it, have no fear. The fed as well as passive investors have our back. The world mantra is put money into a passive index fund with every paycheck, everyone is doing it and there is no stopping it. The only thing that will ever change this market is if we start to raise interest rates again, which isnt happening for while. While i...
- Thu Sep 24, 2020 2:53 pm
- Forum: Investing - Theory, News & General
- Topic: Stock Market Recent Sell Off Mystery
- Replies: 67
- Views: 7665
Re: Stock Market Recent Sell Off Mystery
Stocks do not go up in a straight line. Everone has gotten spoiled by the big stock market bubble from forever low interest rates and the fed support. A normal market has corrections, and you should be happy that we are finally getting a correction
- Wed Aug 26, 2020 12:50 pm
- Forum: Investing - Theory, News & General
- Topic: Bear Cub Smells Bubble
- Replies: 406
- Views: 36579
Re: Bear Cub Smells Bubble
Of course theres a bubble. Lots of money is made with bubbles. Keep riding the bubble or jump on now and then when it starts to pop, you jump right off. If tesla drops 10% tomorrow, I am dumping all tesla stock...I will not wait or ride it out. If VOO drops 10% tomorrow, I will ride it out, no good place to put money right now with 0% rates. General market is artificially propped up by low rates for the past decade, but its not a bubble unless we start getting normal rates like 5% ever again. Tesla is 100% a bubble. General stock market has been propped up by easy money and the fed. What would make me jump ship on the general stock market? Fed starts to raise interest rates. Is Nasdaq a bubble? I don't think so yet, we have the beginning ma...
- Wed Aug 26, 2020 7:50 am
- Forum: Personal Investments
- Topic: Buying index fund every 31 days
- Replies: 6
- Views: 904
Re: Buying index fund every 31 days
Lets just say I buy index fund VOO for the first time on April 1st, then buy again May 3rd, again June 5th, again July 7th. I then decide to sell ALL my shares for a loss July 8th and I don't purchase again till August 9th. Is everything clear of a wash sale?
- Wed Aug 26, 2020 7:41 am
- Forum: Personal Investments
- Topic: Buying index fund every 31 days
- Replies: 6
- Views: 904
Buying index fund every 31 days
If I buy the same index fund every 31 days, then this would allow me to sell whenever I want for capital gain loss and avoid a wash sale correct?
- Tue Aug 25, 2020 12:51 pm
- Forum: Personal Investments
- Topic: Russell 2000 VS SP500 vs Dow vs Nasdaq
- Replies: 14
- Views: 1201
Russell 2000 VS SP500 vs Dow vs Nasdaq
Which index do you think is the best buy right now? SP500 has already climbed so much, nasdaq is semi bubble with Tesla stock definitely a bubble. Russell 2000 has not gone up that much and has a lot of room to still go up but investors may still keep favoring megacap stocks?
- Fri Aug 21, 2020 2:50 pm
- Forum: Personal Investments
- Topic: Riding the Tech Bubble
- Replies: 20
- Views: 2813
Riding the Tech Bubble
Lets say I believe that nasdaq is in a bubble right now and I would like to ride the bubble with TQQQ. I believe the bubble will pop at some point but would like to make lots of money as it continues going up. Will I have enough time to jump out when it pops? Whats the best way to navigate this? Do you put a stop loss at something like 15% from the peak you automatically sell? This is a 3x leveraged fund which is why i say 15%. It could pop tomorrow for all i know, or it could pop 2 years from now. A few major tech companies are responsible for >90% all of the coronavirus period gains. I already missed the boat on Tesla and Apple, but they could still double by the end of the year the way people are buying these stocks. Once we have a norma...
- Mon Jun 29, 2020 3:00 pm
- Forum: Personal Finance (Not Investing)
- Topic: Sell stock now for house down-payment in 9-18 months?
- Replies: 13
- Views: 1737
Re: Sell stock now for house down-payment in 9-18 months?
If I need money in the next year for house payment, I am definitely selling now. All the money I have in the market I don't need to touch for at least 10 years. Market has recovered nicely, downside risk is a lot more than any extra upside for this year. This is a no brainer.
- Fri Jun 19, 2020 1:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Job burnout - Keep grinding or change?
- Replies: 78
- Views: 13540
Re: Job burnout - Keep grinding or change?
Just go part time 20 hours, use the remainder of your time to relax/hobbies/or on your "dream job"
- Thu Jun 18, 2020 2:33 pm
- Forum: Investing - Theory, News & General
- Topic: "Is this time different?"
- Replies: 77
- Views: 7058
Re: "Is this time different?"
This time is different. The "crash" was very short lived and quickly recovered while all the circumstances and more have developed since the crash. Part of this is the fed stimulus and low interest rates, another part is largely due to you and me common investors continuing to buy into a poorly priced/very expensive stock market. If we have a major crash again (30%+), I would not be surprised. If we continually slowly creeping upwards, I wont be surprised. If we have double digit returns from here on out over the next year, I would be shocked. I dont consider this current market to be a good buying opportunity, I would rather spend my money or pay down debt before putting more money into the market. If I had money after that to bu...
- Fri Jun 12, 2020 1:16 pm
- Forum: Personal Investments
- Topic: Is it bad to be a "day trader"?
- Replies: 51
- Views: 4210
Re: Is it bad to be a "day trader"?
You are not alone. There are all of a sudden a lot of day traders.
https://markets.businessinsider.com/new ... 1029296172
I agree with the article. When joe the plumber starts day trading, its time to be wary of another stock market crash. And all day traders have been doing great simply because of the rapid run up in the market over the past couple months. The traders think that they have some kind of "skill" they can use to make easy money.
https://markets.businessinsider.com/new ... 1029296172
I agree with the article. When joe the plumber starts day trading, its time to be wary of another stock market crash. And all day traders have been doing great simply because of the rapid run up in the market over the past couple months. The traders think that they have some kind of "skill" they can use to make easy money.