Search found 120 matches

by rasta
Thu Aug 29, 2019 9:09 pm
Forum: Personal Investments
Topic: What should I know about high interest loans to family?
Replies: 20
Views: 1126

Re: What should I know about high interest loans to family?

Will others in your family be resentful that you accepted high interest from your brother rather than no- or low-interest? I could imagine problems like that occurring on some families. Andy. low or no interest loans to family can cause issues with the IRS, i would worry more about those issues tha...
by rasta
Sat Aug 24, 2019 3:18 pm
Forum: Personal Investments
Topic: Forced to market time, on the wrong day... how to fix?
Replies: 53
Views: 3973

Re: Forced to market time, on the wrong day... how to fix?

you can't lose what you never had in your account.

if friday's cash balance = thursday's cash balance what did you lose?
by rasta
Thu Aug 22, 2019 3:16 pm
Forum: Investing - Theory, News & General
Topic: How do minimum initial investments work?
Replies: 17
Views: 578

Re: How do minimum initial investments work?

why not just buy t-bills yourself?

no commission at VG, 1K min.
by rasta
Fri Aug 16, 2019 1:38 pm
Forum: Personal Consumer Issues
Topic: Woodstock
Replies: 93
Views: 8779

Re: Woodstock

50 years ago today! To revisit Woodstock as it all went down, WXPN will broadcast Woodstock — As It Happened — 50 Years On, a radio exclusive that includes all of the festival’s archived audio, from the music to the stage announcements to the rain delays. Over three days, we’ll play newly reconstru...
by rasta
Thu Aug 15, 2019 4:00 pm
Forum: Personal Consumer Issues
Topic: Woodstock
Replies: 93
Views: 8779

Re: Woodstock

50 years ago today! To revisit Woodstock as it all went down, WXPN will broadcast Woodstock — As It Happened — 50 Years On, a radio exclusive that includes all of the festival’s archived audio, from the music to the stage announcements to the rain delays. Over three days, we’ll play newly reconstruc...
by rasta
Tue Aug 13, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard website fail at the propitious moment
Replies: 41
Views: 4392

Re: Vanguard website fail at the propitious moment

no problems for me.

for those with problems, try clearing cookies/cache and rebooting, this has worked in the past.
by rasta
Sat Aug 10, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 18071

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

when a stock trades ex-dividend, there are three possible outcomes to its price
1>stock price stays the same
2>stock price declines
3>stock price increases

buyers and sellers set the market price. dividend policy does not.
by rasta
Fri Aug 09, 2019 10:04 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 18071

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

**Regarding the statements that a dividend reduces the stock price by an equal amount at ex dividend and the effect on the stock valuation.** Can anyone here please provide absolute proof that a company's stock price beyond it's ex dividend dates has any additional relationship with those payouts? ...
by rasta
Tue Aug 06, 2019 10:36 am
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12647

Re: Buy During This Dip?

no way i would buy into this chart pattern, too risky.
by rasta
Thu Jul 18, 2019 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Substantial position in an individual stock
Replies: 31
Views: 2359

Re: Substantial position in an individual stock

if you are concerned about a correction,
you can hedge a long stock position by:
selling a covered call and buying a put with the same expiration
by rasta
Thu Jul 18, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Exceeding FDIC insurance
Replies: 4
Views: 385

Re: Exceeding FDIC insurance

if these two cd's are are the only accounts held at the bank by the mother and son, then
yes the full 470K is covered.
by rasta
Wed Jul 10, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple Beneficiaries on a bank account
Replies: 17
Views: 1286

Re: Multiple Beneficiaries on a bank account

my experience is that it depends on the bank, so best to have a clear understanding from the bank not an internet forum.
by rasta
Mon Jul 08, 2019 3:04 am
Forum: Personal Investments
Topic: Looking for advice with inheritance
Replies: 9
Views: 1595

Re: Looking for advice with inheritance

pay off $27K in debt first.

revisit your tax situation, but not sure taking an amount greater than the RMD from inherited IRA still makes sense.
by rasta
Mon Jul 01, 2019 12:49 pm
Forum: Personal Investments
Topic: Getting out of options
Replies: 21
Views: 1503

Re: Getting out of options

nothing wrong with selling covered calls or naked puts, i do this almost every week, but i know what i am doing. you should have received a premium for the two options you listed, so to calculate any losses, we need to know those premiums. best for you to do some research regarding option strategies...
by rasta
Mon Jul 01, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Frontier or Spirit Airlines
Replies: 63
Views: 5166

Re: Frontier or Spirit Airlines

i would rather have a root canal than fly spirit airlines.
by rasta
Fri Jun 28, 2019 6:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Money Market (VMMXX)
Replies: 19
Views: 2800

Re: Vanguard Money Market (VMMXX)

interest is earned daily, but paid at least monthly. you will get an interest payment off cycle if you move all funds out.
by rasta
Thu Jun 27, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: Package delivery man damaged door
Replies: 55
Views: 3843

Re: Package delivery man damaged door

ok OP, let's assume you are correct and the driver was under the influence.

did you call the police and report this driver? the driver could certainly do more harm by driving a vehicle than by mishandling a package.

Edited by Moderator Misenplace to remove inappropriate comment.
by rasta
Wed Jun 19, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Single cup coffee/espresso options, 2019
Replies: 84
Views: 5731

Re: Single cup coffee/espresso options, 2019

melitta pour over 1 cup coffee brewer.
by rasta
Thu Jun 13, 2019 11:32 am
Forum: Personal Investments
Topic: Starbucks; buy, sell, hold?
Replies: 41
Views: 3449

Re: Starbucks; buy, sell, hold?

IMHO that's too many eggs in one basket. Unless it is "play money" and disposable. Why? Because you don't know if it's going to be the next PG&E, Radio Shack, Sears, and the uncertainty of when to sell on a high before the tank is far greater than if one had that amount in IE: Total Stock VTSAX, et...
by rasta
Sun Jun 02, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to stay under FDIC limits
Replies: 20
Views: 1291

Re: How to stay under FDIC limits

woodenpelican wrote:
Sun Jun 02, 2019 12:45 pm
Thanks - I will try out the tool. In the meantime, John is the listed beneficiary of Jane's Savings Account. The CDs have no beneficiary assigned. Should I be looking to add one?
again, it depends on who you add as beneficiary.

the way you have it set up now gives you full FDIC coverage
by rasta
Sun Jun 02, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: How to stay under FDIC limits
Replies: 20
Views: 1291

Re: How to stay under FDIC limits

based on the info you have now provided, it appears you have $750,000 of FDIC coverage based on the current ownership.

but yes, run the tool for your own benefit.
by rasta
Sun Jun 02, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: How to stay under FDIC limits
Replies: 20
Views: 1291

Re: How to stay under FDIC limits

it depends, you have not provided enough details as to how the accounts are titled and if you have assigned any beneficiaries.

best to use the EDIE tool
by rasta
Sun Jun 02, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: Dual coffee maker suggestion
Replies: 24
Views: 1620

Re: Dual coffee maker suggestion

buy 2 single cup melitta pour over brewing cones.
by rasta
Wed May 22, 2019 1:56 am
Forum: Personal Consumer Issues
Topic: Relocate to Charleston SC?
Replies: 57
Views: 5979

Re: Relocate to Charleston SC?

why not move to vegas?
by rasta
Wed May 22, 2019 1:49 am
Forum: Investing - Theory, News & General
Topic: Any option traders?
Replies: 41
Views: 3160

Re: Any option traders?

yes, i always sell premium
by rasta
Sun May 19, 2019 11:24 am
Forum: Personal Investments
Topic: FDIC Coverage Limits
Replies: 22
Views: 1464

Re: FDIC Coverage Limits

^^not true

Depositors may qualify for coverage over $250,000 if they have funds in different ownership categories and all FDIC requirements are met.
by rasta
Sat May 18, 2019 10:23 am
Forum: Personal Investments
Topic: FDIC Coverage Limits
Replies: 22
Views: 1464

Re: FDIC Coverage Limits

if your principal is below the limit, then just withdraw the interest as it begins to exceed the limit.
by rasta
Fri May 17, 2019 6:05 pm
Forum: Personal Investments
Topic: Am I being ripped off?
Replies: 42
Views: 4924

Re: Am I being ripped off?

the last treasury auction for 26wk bills was on 5/13, price per 100 was 98.809417. so yes you are being ripped off in a big way.
by rasta
Fri May 17, 2019 10:55 am
Forum: Investing - Theory, News & General
Topic: How to avoid 1 week of not investing when buying treasury bills
Replies: 26
Views: 2751

Re: How to avoid 1 week of not investing when buying treasury bills

People who buy individual treasury bills via treasury direct / Fidelity / Vanguard /.. are you able to avoid a week of non investing period? For example treasury bills with the duration of 4 weeks and 8 weeks are issued and matured at the same day. I understand that I can renew them automatically v...
by rasta
Thu May 16, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: How to avoid 1 week of not investing when buying treasury bills
Replies: 26
Views: 2751

Re: How to avoid 1 week of not investing when buying treasury bills

People who buy individual treasury bills via treasury direct / Fidelity / Vanguard /.. are you able to avoid a week of non investing period? For example treasury bills with the duration of 4 weeks and 8 weeks are issued and matured at the same day. I understand that I can renew them automatically v...
by rasta
Thu May 16, 2019 2:54 pm
Forum: Investing - Theory, News & General
Topic: We’ve won the game...but how do we stop playing?
Replies: 76
Views: 8453

Re: We’ve won the game...but how do we stop playing?

it's not your call what your grandmother does with her money.

so she's not a boglehead, so what. many people do very well in the market owning individual stocks/sectors.
by rasta
Thu May 09, 2019 12:28 pm
Forum: Personal Investments
Topic: Hedge against the decline of the Realtor profession
Replies: 48
Views: 4324

Re: Hedge against the decline of the Realtor profession

there's always barber college
by rasta
Wed May 08, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Question about FDIC limit
Replies: 12
Views: 1441

Re: Question about FDIC limit

use the EDIE calculator on the FDIC website.

there are several paths to achieve FDIC coverage greater than 250,000 at a single bank depending on how you title the accounts and also if you have named beneficiaries.

fdic.gov site should answer your questions.
by rasta
Tue May 07, 2019 3:03 pm
Forum: Personal Investments
Topic: VMMXX as cash
Replies: 38
Views: 5770

Re: VMMXX as cash

vmmxx yield will slightly lag short-term rate movements
by rasta
Tue May 07, 2019 1:50 pm
Forum: Personal Investments
Topic: Where to park college funds for 4 years?
Replies: 14
Views: 1349

Re: Where to park college funds for 4 years?

ladder into 13 and 26wk tbills
by rasta
Fri May 03, 2019 10:58 am
Forum: Investing - Theory, News & General
Topic: Berkshire buying stake in Amazon - my opinion
Replies: 55
Views: 6473

Re: Berkshire buying stake in Amazon - my opinion

Sandtrap wrote:
Fri May 03, 2019 8:00 am
In the same way that a "Bogle" portfolio is diversified, so is Berkshire Hathaway.
The strategy works for both.
j
a bogle portfolio is dramatically over diversified compared to a buffet portfolio.

buffet is a stock picker.
by rasta
Sun Apr 28, 2019 12:53 pm
Forum: Personal Consumer Issues
Topic: Best electric cordless lawn mower for medium sized yard?
Replies: 40
Views: 2709

Re: Best electric cordless lawn mower for medium sized yard?

i know its not what you asked but have you considered a reel mower? ive used them in the past and enjoyed it. no powerplant but you and they are very easy to push. +1 i use a great states reel mower, had mine for over 18 years. they are great exercise, good for the environment, limited maintenance ...
by rasta
Thu Apr 11, 2019 3:00 pm
Forum: Personal Investments
Topic: GE Wabco Merger
Replies: 29
Views: 5019

Re: GE Wabco Merger

There must be other Bogleheads that hold GE stock. Am I the only one concerned about this merger/distribution? I own some GE and have been busy so didn't follow this until the WAB appeared in the account this week or last. I thought it was some form of error in my account. I only have a handful of ...
by rasta
Mon Apr 08, 2019 10:51 pm
Forum: Personal Investments
Topic: How to purchase 20y Treasury bonds?
Replies: 5
Views: 570

Re: How to purchase 20y Treasury bonds?

the auctions for the 10y and 30y re-openings haven't taken place yet.
by rasta
Sat Apr 06, 2019 3:57 pm
Forum: Personal Consumer Issues
Topic: Eye glasses - cheaper alternates
Replies: 45
Views: 3259

Re: Eye glasses - cheaper alternates

in person: Costco
online: GlassesUSA.com
by rasta
Fri Apr 05, 2019 1:43 pm
Forum: Personal Investments
Topic: Investments with risk in between bonds and equities
Replies: 11
Views: 855

Re: Investments with risk in between bonds and equities

high yield

VWEHX at Vanguard

some brokers have SHYG and USHY etfs which are commission free.
by rasta
Tue Apr 02, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: K-1s and UBTI in IRAs
Replies: 4
Views: 413

Re: K-1s and UBTI in IRAs

If I have some MLPs in IRAs that send K-1s at tax time, I know that if UBTI > $1000, a 990-T has to be filed by the IRA My question: Does UBTI have to be aggregated across all IRAs of a particular type (say all traditional IRAs) to see if UBTI reaches $1000, or should it be done on a per IRA basis ...
by rasta
Fri Mar 22, 2019 11:07 am
Forum: Personal Investments
Topic: Vanguard - dissappointed
Replies: 44
Views: 6004

Re: Vanguard - dissappointed

i have multiple accounts at vanguard and have no problems.

each week i buy/sell: bonds, treasuries, stocks and options with no issues and move money from my bank in one day.

i also have accounts at td and fidelity, and would rate the vanguard experience higher than both of those firms.
by rasta
Sat Mar 02, 2019 5:19 pm
Forum: Investing - Theory, News & General
Topic: Why does dividend investing not work?
Replies: 147
Views: 15863

Re: Why does dividend investing not work?

The arithmetic of the matter is pretty simple -- it's just counterintuitive and even somewhat obfuscated by the fluctuations of the market. You own 100% of a company with a $1,000 net worth. You are paid a $100 dividend. You now own 100% of a company with a $900 net worth in addition to $100 worth ...
by rasta
Sat Mar 02, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Vanguard vs everyone else
Replies: 38
Views: 4319

Re: Vanguard vs everyone else

Earl Lemongrab wrote:
Sat Mar 02, 2019 2:01 pm

... why don't mutual companies dominate all aspects of the economy?
too much Greed at the top
by rasta
Fri Mar 01, 2019 9:09 pm
Forum: Personal Investments
Topic: GE Wabco Merger
Replies: 29
Views: 5019

Re: GE Wabco Merger

ge shareholders received .005371 shares of WAB for each share of ge stock they held.

since fractional shares are not issued, "cash in lieu of fractional shares" will be credited.
by rasta
Fri Mar 01, 2019 11:56 am
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 201
Views: 9378

Re: How do YOU make coffee?

locals know, true "chicago" pizza is thin-crust, cut into squares (tavern cut).