Search found 483 matches

by csmath
Thu Mar 04, 2021 3:26 pm
Forum: Personal Consumer Issues
Topic: Hardwood Floors
Replies: 36
Views: 3907

Re: Hardwood Floors

the factory poly finish on both engineered and LVP products are far superior to anything that can be performed on site. 3 coats of a high-quality oil-based poly applied during a professional refinish wouldn't get you anywhere near the durability of a factory finish. Disclaimer... I didn't read more...
by csmath
Tue Mar 02, 2021 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: CITI Bonus
Replies: 34
Views: 3715

Re: CITI Bonus

I'd imagine that if the bank isn't issuing a 1099-INT that they will still issue a 1099-MISC to the IRS but won't send one to you. I don't think so. If someone issues a 1099, they are supposed to send it to both you and the IRS. 1099-MISC has a $600 threshold that must be be met before the issuance...
by csmath
Tue Mar 02, 2021 7:45 pm
Forum: Investing - Theory, News & General
Topic: The Efficient Market Hypothesis fundamentally makes no sense
Replies: 108
Views: 5177

Re: The Efficient Market Hypothesis fundamentally makes no sense

1 month ago I would have expected single word responses... GME This was an interesting observation at the time... If EMH is false, and there is no useful way to exploit the lack of efficiency, has a tree still fallen in the forest? GME doesn't reflect an efficient market, so sure. I'm personally ho...
by csmath
Tue Mar 02, 2021 5:31 pm
Forum: Investing - Theory, News & General
Topic: The Efficient Market Hypothesis fundamentally makes no sense
Replies: 108
Views: 5177

Re: The Efficient Market Hypothesis fundamentally makes no sense

1 month ago I would have expected single word responses...
GME
This was an interesting observation at the time...
Da5id wrote: Tue Jan 19, 2021 8:40 pm If EMH is false, and there is no useful way to exploit the lack of efficiency, has a tree still fallen in the forest?
by csmath
Tue Mar 02, 2021 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: CITI Bonus
Replies: 34
Views: 3715

Re: CITI Bonus

I'd imagine that if the bank isn't issuing a 1099-INT that they will still issue a 1099-MISC to the IRS but won't send one to you. I don't think so. If someone issues a 1099, they are supposed to send it to both you and the IRS. 1099-MISC has a $600 threshold that must be be met before the issuance...
by csmath
Tue Mar 02, 2021 3:43 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

Here are GME halts on January 28th of this year... LULD pause = "Limit Up / Limit Down pause" 2021-01-28 15:59:41 GME GameStop Corp. Class A NYSE LULD pause 2021-01-28 16:00:02 2021-01-28 12:38:48 GME GameStop Corp. Class A NYSE LULD pause 2021-01-28 12:43:51 2021-01-28 12:11:25 GME GameS...
by csmath
Mon Mar 01, 2021 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Private School - financially irresponsible?
Replies: 192
Views: 13537

Re: Private School - financially irresponsible?

I would like to point out that the damage remote learning has caused many schools (public) will not magically disappear next year. The ugly truth is that there is an enormous population of students who are getting 20% of what they would if they were in person and while grades may appear fine, the ty...
by csmath
Mon Mar 01, 2021 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: CITI Bonus
Replies: 34
Views: 3715

Re: CITI Bonus

How are people handling these bonuses when it comes tax time? I got over $2k in bonuses in 2020 and while most have provided me a 1099 which includes the bonus amount as interest earned, Citi has not. I called them today to inquire and they said since I earned less than $10 in interest, I would not...
by csmath
Fri Feb 26, 2021 8:11 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

Helo80 wrote: Fri Feb 26, 2021 6:54 pm
csmath wrote: Fri Feb 26, 2021 5:55 pm
lazynovice wrote: Fri Feb 26, 2021 5:46 pm My understanding is he really, really hates short sellers.
This seems the most likely explanation. I can't imagine why he would be sensitive to them...
I hope that was sarcasm.
Yes. Yes it was. :twisted:
by csmath
Fri Feb 26, 2021 8:09 pm
Forum: Investing - Theory, News & General
Topic: Debt is a Negative Bond - The White Coat Investor
Replies: 534
Views: 26017

Re: Debt is a Negative Bond - The White Coat Investor

Triple digit golfer wrote: Fri Feb 26, 2021 7:20 pm Next thread: should I dump my bonds for a reverse mortgage?
Darn. You piqued my interest when I misread your post as "Should I dump my bonds for a revenge mortgage?" Then I re-read it :(
by csmath
Fri Feb 26, 2021 5:55 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

lazynovice wrote: Fri Feb 26, 2021 5:46 pm My understanding is he really, really hates short sellers.
This seems the most likely explanation. I can't imagine why he would be sensitive to them...
by csmath
Fri Feb 26, 2021 5:50 pm
Forum: Investing - Theory, News & General
Topic: Debt is a Negative Bond - The White Coat Investor
Replies: 534
Views: 26017

Re: Debt is a Negative Bond - The White Coat Investor

Sorry, no matter how many times I try, I just can't bring myself to the line of thinking that debt is a "negative bond" that needs to be included as part of the asset allocation. Debt is a liability not an asset. To each their own. Out of curiosity, if you don't think of debt as a negativ...
by csmath
Fri Feb 26, 2021 5:38 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

I think everybody is free to have an opinion on a stock. Sure, opinion is fine. However, how and when someone with influence expresses their opinion matters to some people, like the SEC. I don't think anyone questioned his having an opinion, I think it is about how and when. It would be false to sa...
by csmath
Wed Feb 24, 2021 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Private School - financially irresponsible?
Replies: 192
Views: 13537

Re: Private School - financially irresponsible?

reader79 wrote: Wed Feb 24, 2021 4:50 pm it makes no difference where your child attends primary, middle, or high school in terms of the child's opportunity for success
You cannot possibly have meant this as an absolute statement or you severely underestimate how bad some schools are.
by csmath
Tue Feb 23, 2021 6:42 pm
Forum: Personal Consumer Issues
Topic: Water leakage - fix it or not?
Replies: 54
Views: 3349

Re: Water leakage - fix it or not?

Oh man, you’re golden then if you know the leak is in the irrigation system. Irrigation piping is usually really shallow. If it snows where you are, just let her rip with the sprinklers off and see where the snow melts. If not, Just dig up the junctions and pull apart the pipe and cap one end at a ...
by csmath
Sat Feb 20, 2021 11:04 am
Forum: Investing - Theory, News & General
Topic: If you bought Bitcoin, when do you plan to sell?
Replies: 396
Views: 30603

Re: If you bought Bitcoin, when do you plan to sell?

Don't understand why so many Bogleheads lose their minds over Bitcoin. If you are worried about "buying at the top," don't be. So long as you are investing long term. Right or wrong, I think I can help you understand. It is all based on the premise that many people think the fair market v...
by csmath
Thu Feb 18, 2021 5:58 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead Lessons From the Texas Winter Storm?
Replies: 226
Views: 18257

Re: Any Boglehead Lessons From the Texas Winter Storm?

Time to move to California :sharebeer This is a great country! You can choose between rolling blackouts in the summer or the winter just by moving! :twisted: Thanks for the laugh! When I read the suggestion to move to California to avoid loss of power I was looking for some sort of hint at sarcasm.
by csmath
Wed Feb 10, 2021 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Workarounds for turbotax no paste passwords bug
Replies: 32
Views: 2443

Re: Workarounds for turbotax no paste passwords bug

AutoHotkey (AHK) is legit. As a matter of fact, when I saw the title of thread the first thing that came to mind was AutoHotkey. Then sure enough it was mentioned in the OP. It looks like you have the %A_ScriptDir% question solved. I'd have no problem using AHK for this if you wanted. The only thing...
by csmath
Sun Feb 07, 2021 11:55 am
Forum: Personal Investments
Topic: 403b or 457b
Replies: 13
Views: 658

Re: 403b or 457b

I’d prioritize the 457b before the 403b. This is because of the reason you stated. If you have additional contributions you would like to make after maxing out the 457b, you can start the 403b. +1 Pretty much a no-brainer with one exception. It is possible that the investment options in one are far...
by csmath
Fri Feb 05, 2021 2:07 am
Forum: Personal Investments
Topic: What brokerages let you place high sell limit orders?
Replies: 2
Views: 327

Re: What brokerages let you place high sell limit orders?

I have not run into any such restriction on high limit orders at Vanguard. For example, at least once I've placed a sell limit order more than three times the current price. My only experience so far is with Fidelity and Vanguard. As 000 mentioned, if Vanguard has a restriction, I haven't found it ...
by csmath
Sun Jan 31, 2021 1:09 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

Sure, the hedge funds got caught with their pants down and are paying through the nose. Greedy? Sure. Foolish for getting over-exposed? Of course. But they aren’t dumb. Surely Wall Street elites have been working around the clock to coordinate a way out of this fiasco. Does WSB really think they ar...
by csmath
Sat Jan 30, 2021 8:27 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

This whole episode is so far from what I would normally indulge myself in but it has been a fun temporary distraction. I did notice on WSB (yes, I went back after losing brain cells the first time) that there appears to be a ton of people buying ads, billboards, and even advertising planes with all ...
by csmath
Sat Jan 30, 2021 4:34 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

Someone posted this somewhere earlier... maybe in this thread? Well I just watched it and for some reason found it hilariously entertaining given recent events. "The Absolute Chaos of r/Wallstreetbets" https://www.youtube.com/watch?v=jg85H26wyLkl Edit to add an example. Quote from video: B...
by csmath
Sat Jan 30, 2021 3:08 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

What I am wondering is what will happen to an already acceped Sell limit order when the market price falls below 50%? For example; GME market price =$100....Fidelity has accepted Sell limit order for $149. The order is now open. GME market price falls to $35. Now the Sell limit order for $149 is wa...
by csmath
Sat Jan 30, 2021 2:40 pm
Forum: Investing - Theory, News & General
Topic: Does anyone feel like you are doing investing all wrong?
Replies: 127
Views: 10332

Re: Does anyone feel like you are doing investing all wrong?

And, I checked reddit wsb and etc where people made 1000%+ gain over night and enough money to retire in few days. Am I doing it wrong? If I can study stocks and look into the right stuff, will I be able to make it like the other guys? or am I just dreaming? Here you go: https://web.archive.org/web...
by csmath
Fri Jan 29, 2021 3:04 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

One thing I've learned is that fractional shares carry their own individual risk. Obviously this is limited to literally a fraction of a share worth of value but I admit I'm annoyed that Fidelity still allows both buying and selling of GME... unless you don't own a full share. In that case you are ...
by csmath
Fri Jan 29, 2021 2:52 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

One thing I've learned is that fractional shares carry their own individual risk. Obviously this is limited to literally a fraction of a share worth of value but I admit I'm annoyed that Fidelity still allows both buying and selling of GME... unless you don't own a full share. In that case you are ...
by csmath
Fri Jan 29, 2021 2:44 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

One thing I've learned is that fractional shares carry their own individual risk. Obviously this is limited to literally a fraction of a share worth of value but I admit I'm annoyed that Fidelity still allows both buying and selling of GME... unless you don't own a full share. In that case you are s...
by csmath
Fri Jan 29, 2021 9:53 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

Well, I completed my exit this morning for my mega bet of one share bought yesterday at $250. Put in a limit order at $400 on the open which executed to my surprise (it only popped above $400 for an instant). So quick $150 in my Roth. That enough time in the casino for me. My chips are cashed in :m...
by csmath
Fri Jan 29, 2021 9:43 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

Well, I completed my exit this morning for my mega bet of one share bought yesterday at $250. Put in a limit order at $400 on the open which executed to my surprise (it only popped above $400 for an instant). So quick $150 in my Roth. That enough time in the casino for me. My chips are cashed in :m...
by csmath
Fri Jan 29, 2021 8:21 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

This event has pretty much shown the world that the US Stock Market is entirely rigged and it is set up for you to lose in a trade. Quite crazy how much corruption there is in the system that we tout as the 'free market trading'. No, no it does not at all. What it shows the world is, something that...
by csmath
Thu Jan 28, 2021 11:21 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: [GameStop GME trading mega-thread]

Twitter @CitronResearch Tom morning at 9am EST Citron will be presenting a major announcement that all individual investors should watch. Free Speech and Cautious Investing to all source: https://twitter.com/CitronResearch/status/1354995862481604615 They are going to make their move at 9:01 when eve...
by csmath
Thu Jan 28, 2021 1:18 pm
Forum: Investing - Theory, News & General
Topic: "Best" brokerage for play account?
Replies: 26
Views: 2130

Re: "Best" brokerage for play account?

Anyone want to add Robinhood as a recommendation? :evil:

FWIW I decided to open the account at Fidelity. Thank you to those who gave input.
by csmath
Thu Jan 28, 2021 12:57 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

I'm holding. I got in on Tuesday and totally expected this to happen. It crushes the soul to see this clear manipulation, but I'm staying the course. Lol, "staying the course." The irony! This. There is a lot of new'ish members on this thread that does not seem to understand what that rea...
by csmath
Wed Jan 27, 2021 4:58 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

I wonder if publicly lying that you closed your short in an effort to stop the squeeze is securities fraud? The question is, did they lie? Did they say they covered ALL of their short position(s)? Not interested enough to look but I'm guessing they said they "closed short positions". That...
by csmath
Wed Jan 27, 2021 12:01 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

Trading Halt. Time to get some work done.
by csmath
Wed Jan 27, 2021 11:25 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

Regardless of how this plays out, I'd think the SEC has their work cut out for them after the dust settles.
by csmath
Wed Jan 27, 2021 8:31 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

To be fair, the media has been vilifying r/wallstreetbets forever recently.
You have to pick one. You can't have both.
by csmath
Tue Jan 26, 2021 6:16 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

Question. Suppose that GME is held in an enormous index fund and the price rockets to the point where it no longer fits in the index funds criteria. Index funds are generally too slow to react to such changes and won't quickly drop/replace them right? I know actively managed funds can do whatever th...
by csmath
Tue Jan 26, 2021 5:35 pm
Forum: Investing - Theory, News & General
Topic: "Best" brokerage for play account?
Replies: 26
Views: 2130

Re: "Best" brokerage for play account?

17outs wrote: Tue Jan 26, 2021 2:19 pm One thing commonly mistaken that I see is that Schwabs and Fidelitys fractional shares is not created equal. On Schwab you can only buy SP500 stocks.
I'll have to verify this, but if true, this is likely the decision maker for me. I'm not interested in being limited to only SP500.
by csmath
Tue Jan 26, 2021 1:47 am
Forum: Investing - Theory, News & General
Topic: "Best" brokerage for play account?
Replies: 26
Views: 2130

Re: "Best" brokerage for play account?

I've been to Vegas, it was a ton of fun. I loved walking around to see all the various casinos, seeing shows and events, and relaxing in the great weather. I went with the plan of completely losing a set amount of money, I expected it. I ended up not losing that much and found that I just don't enjo...
by csmath
Tue Jan 26, 2021 12:19 am
Forum: Investing - Theory, News & General
Topic: "Best" brokerage for play account?
Replies: 26
Views: 2130

Re: "Best" brokerage for play account?

I have tried them all but keep coming back to Vanguard. Well I never left Vanguard but open accounts at Fidelity, Schwab and Robinhood. The only thing keeping me from using Vanguard is that I'd really like to be able to purchase fractional shares. If you were forced to choose between Fidelity and S...
by csmath
Tue Jan 26, 2021 12:04 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

Speaking of pushing too far. What is the endgame here with this WSB story? What happens when GME shoots to the moon, the shorts are busted and suddenly the WSB crowd starts to look around? Isn't that the moment that the "still solvent" players in the market jump into the mix with a short ...
by csmath
Tue Jan 26, 2021 12:01 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

You are better person than I am if you really would not take it personally that people have put money on, and make money on, an outcome that results in a loss of livelihood. Honest question. How does shorting a stock put a company out of business? I really don't understand this because the short wo...
by csmath
Mon Jan 25, 2021 11:45 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

I've never worked for or owned a company that's been shorted. But, honestly, I'd take it extremely personal knowing that people out who actively root for, and want to make money on, a desired outcome that results in the loss of my job and/or livelihood (benefits of price discovery be dammed). Putti...
by csmath
Mon Jan 25, 2021 11:33 pm
Forum: Personal Investments
Topic: Capital Gains for Amount Invested
Replies: 10
Views: 839

Re: Capital Gains for Amount Invested

You would be selling half of your shares, which have each doubled. So, of the $50k sale, half ($25k) is capital gains. No, although pre-age 59 1/2 Roth withdrawals work something like that. It depends on what cost basis method you are using. Hopefully, it's specific identification. Because of divid...
by csmath
Mon Jan 25, 2021 11:19 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

I've never worked for or owned a company that's been shorted. But, honestly, I'd take it extremely personal knowing that people out who actively root for, and want to make money on, a desired outcome that results in the loss of my job and/or livelihood (benefits of price discovery be dammed). Putti...
by csmath
Mon Jan 25, 2021 10:46 pm
Forum: Investing - Theory, News & General
Topic: "Best" brokerage for play account?
Replies: 26
Views: 2130

Re: "Best" brokerage for play account?

If you plan on using margin, Interactive Brokers is hard to beat. By far the cheapest margin rates. They also make shorting stocks extremely easy. Their mobile app is much easier to actively trade on than Fidelity IMO. Haven’t used any others for it. Downside is they still charge option fees, so if...
by csmath
Mon Jan 25, 2021 10:24 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4143
Views: 202038

Re: GameStop GME: anyone joining?

I don't care about the opinion of WSB. I care about the organization of people that snowballed once "screw Melvin/Citron" became the battle cry. I will support them indefinitely. We all want to make money. There is no altruism in earning, only in what you do with it. I am not on a pedesta...
by csmath
Mon Jan 25, 2021 9:48 pm
Forum: Personal Investments
Topic: Capital Gains for Amount Invested
Replies: 10
Views: 839

Re: Capital Gains for Amount Invested

You would be selling half of your shares, which have each doubled. So, of the $50k sale, half ($25k) is capital gains. No, although pre-age 59 1/2 Roth withdrawals work something like that. It depends on what cost basis method you are using. Hopefully, it's specific identification. Because of divid...