Search found 251 matches
- Sun Nov 12, 2023 8:39 pm
- Forum: Personal Investments
- Topic: Inplan conversion Roth 403B to Roth IRA
- Replies: 5
- Views: 637
Re: Inplan conversion Roth 403B to Roth IRA
Thanks for the replies everyone.
- Sun Nov 12, 2023 3:38 pm
- Forum: Personal Investments
- Topic: Inplan conversion Roth 403B to Roth IRA
- Replies: 5
- Views: 637
Inplan conversion Roth 403B to Roth IRA
I called Fidelity last week and they said the aftertax Roth 403B I had converted from after-tax to Roth 403B could be converted in plan without a separation into a my own personal Roth IRA (This is money from the mega-backdoor Roth for the last 4 years--thanks BHs!)... Does anyone know if this is truly possible and whether it would have any tax or other implications? I would have greater creative control of the investments. Im not separating from my employer and the Fidelity person says my plan allows for this without separation. Thanks for any help or advice.
- Thu Feb 04, 2021 8:00 pm
- Forum: Personal Investments
- Topic: New doctors
- Replies: 13
- Views: 2161
Re: New doctors
Any advice for new doctors on how to approach early career investing balanced with paying off several 100k in student loans? Suggested resources? 1) Max your salary. Don’t find out till it’s too late you’re working in the 90th percentile but taking home the 20th. Ask your friends around you their salary. Get paid. 2) Max your savings early. 3) Roth backdoor $6 you and so. Megabackdoor roth 38k. Max all 401 403 457 contributions. Early on all into 100 pct stock. 4) Pay your debt 5) Dont lifestyle creep: no boats and ski condos. Just a headache. 6) avoid all dumb friends who want to talk to you about real estate. You have one job be the best doctor. 7) Brokerage account w VTI 8) Manage it yourself. DO NOT GET A MONEY GUY Or wealth manager. T...
- Wed Jan 27, 2021 12:00 am
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
Re: GameStop GME: anyone joining?
BHs could probably pull a similar stunt --- especially if we were to team with WSBs and actually analyze the underlying companies, their books, and all the data under it. Except we have many here that blindly believe it's a fool's errand to a fault. We'll have the same people blindly spamming quotes from Jack Bogle and other such nonsense on how you can't pick winners. I won't be one of those people spamming Jack Bogle's quotes, since I believe that specialized industry expertise can give people the opportunity to pick winners. What r/wallstreetbets accomplished was a bit different from analysis of a company's fundamentals, or even making an informed long bet on disruptive technologies like Cathie Wood's team at ARK does with their active ...
- Tue Jan 26, 2021 1:51 pm
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
Re: GameStop GME: anyone joining?
Interesting.
- Mon Jan 25, 2021 8:58 am
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
Re: GameStop GME: anyone joining?
I wouldn’t call it gambling when expected mathematical outcome of one dollar input >> $1. Discussed above.tomphilly wrote: ↑Mon Jan 25, 2021 8:52 am Gamblers need an outlet and right now it's not Las Vegas.
I get a bit of FOMO but realistically if I was the kind of person investing in GME i'd also have a string of failed failed bets leading up to it.
It's funny how crypto as an investment now looks rational compared to the new trading activity going on. Meme trading....are you kidding me? Is this a new sector? It's like trading basketball cards in high school.
- Mon Jan 25, 2021 8:39 am
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
Re: GameStop GME: anyone joining?
Circuit breakers. Three times Friday. Now again today.
- Sat Jan 23, 2021 10:55 am
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
Re: GameStop GME: anyone joining?
...3) The upside here is huge. The downside risk is small... That is not a good reason even though it ropes people in. There are many, many, many places where you can find situations with small downsides and large upsides, and construct them if you don't see one big enough. That's the whole basis of gambling. For any state lottery, "the upside here is huge. The downside risk is small." For any horse race bet on a long shot, "the upside here is huge. The downside risk is small." Furthermore, unlike a state lottery, you are no longer playing a game of pure chance, all the considerations of publicly available information, the possibility of inside information, etc. come into play. If a horse race bet on a long shot doesn't...
- Fri Jan 22, 2021 3:32 pm
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
Re: GameStop GME: anyone joining?
With all due respect to everyone:
1) This is unprecedented because of the hive mind.
2) This is unprecedented because of the degree of short interest. >100%
3) The upside here is huge. The downside risk is small.
4) So far Samson (retail) is thrashing Goliath (Wall Street). Today was a day they lost >>$1B mark to market short losses.
5) Yes this is not “investing.” But it is a fairly simple exercise in mathematics/probability.
We all index buy and hold because we didn’t have the advantages of Wall Street. I think Jack Bogle would laugh at this situation. Just my thoughts.
1) This is unprecedented because of the hive mind.
2) This is unprecedented because of the degree of short interest. >100%
3) The upside here is huge. The downside risk is small.
4) So far Samson (retail) is thrashing Goliath (Wall Street). Today was a day they lost >>$1B mark to market short losses.
5) Yes this is not “investing.” But it is a fairly simple exercise in mathematics/probability.
We all index buy and hold because we didn’t have the advantages of Wall Street. I think Jack Bogle would laugh at this situation. Just my thoughts.
- Fri Jan 22, 2021 12:05 pm
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
Re: GameStop GME: anyone joining?
Can’t stop won’t stop Game Stop.
- Thu Jan 21, 2021 8:20 pm
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 5086
- Views: 400848
[GameStop GME trading mega-thread]
[Title was "GameStop GME: anyone joining?" --admin LadyGeek]
So an internet group identifies two companies sold >100% short. GameStop is one: GME. Ryan Cohen from Chewy comes in as an activist and changes the narrative. The internet group works as a hive mind to burn the shorts down to a parabolic stock rise using buy and hold until squeeze. Anyone joining in this unique opportunity?
https://www.vice.com/en/article/qjpx8w/ ... ellers-cry
The shorts lost $812M on one day this week. The squeeze has barely started. Thoughts?
So an internet group identifies two companies sold >100% short. GameStop is one: GME. Ryan Cohen from Chewy comes in as an activist and changes the narrative. The internet group works as a hive mind to burn the shorts down to a parabolic stock rise using buy and hold until squeeze. Anyone joining in this unique opportunity?
https://www.vice.com/en/article/qjpx8w/ ... ellers-cry
The shorts lost $812M on one day this week. The squeeze has barely started. Thoughts?
- Thu Jan 14, 2021 9:15 pm
- Forum: Investing - Theory, News & General
- Topic: Do you have FOMO (Bitcoin, TSLA, whatever?)
- Replies: 201
- Views: 17833
Re: Do you have FOMO (Bitcoin, TSLA, whatever?)
I appreciate this question. I think TSLA is still very undervalued if the following assumptions are true: 1) long term need for the capital 10+ years that you will invest 2) your personality is such that you have the nerve to buy and hold forever and withstand big swings. You also have to withstand behavior errors like “taking profits”. If this is your mindset Tesla is a mistake. If you don’t believe in their mission and their plan you will get paper hands. You must have diamond hands to own Tesla. 3) still should be with “play money” I would not yolo the account—how some have done. 4) you have driven a Tesla. Now let’s say all of the above are true. Now you need to look under the hood. Watch as many YouTube videos and read as much as you ...
- Wed Jan 13, 2021 9:51 am
- Forum: Investing - Theory, News & General
- Topic: Do you have FOMO (Bitcoin, TSLA, whatever?)
- Replies: 201
- Views: 17833
Re: Do you have FOMO (Bitcoin, TSLA, whatever?)
No, but I do have ROMO: Regret Over Missing Out. I actually thought about buying TSLA early in 2020 before its great run. There are other examples, sadly. I've learned that when I spot an opportunity I need to move quickly rather than waiting for a great price. I bought and I tried to tell every darn Boglehead here to buy. Back in 2018-2019 most Tesla threads got locked or deleted. I also tried to tell you all to buy the cars. Luckily I did both. It really wasn’t that complex. Coming off years of 50%y/y growth and the worlds most important collection of talent and technology. That seems kinda like a “big deal.” All of you were like meh. To those that don’t get it like the above poster... India probably paying them to build a fifth factory ...
- Tue Jan 12, 2021 4:24 pm
- Forum: Investing - Theory, News & General
- Topic: Do you have FOMO (Bitcoin, TSLA, whatever?)
- Replies: 201
- Views: 17833
Re: Do you have FOMO (Bitcoin, TSLA, whatever?)
No, but I do have ROMO: Regret Over Missing Out. I actually thought about buying TSLA early in 2020 before its great run. There are other examples, sadly. I've learned that when I spot an opportunity I need to move quickly rather than waiting for a great price. I bought and I tried to tell every darn Boglehead here to buy. Back in 2018-2019 most Tesla threads got locked or deleted. I also tried to tell you all to buy the cars. Luckily I did both. It really wasn’t that complex. Coming off years of 50%y/y growth and the worlds most important collection of talent and technology. That seems kinda like a “big deal.” All of you were like meh. To those that don’t get it like the above poster... India probably paying them to build a fifth factory ...
- Tue Jan 12, 2021 2:44 pm
- Forum: Investing - Theory, News & General
- Topic: Do you have FOMO (Bitcoin, TSLA, whatever?)
- Replies: 201
- Views: 17833
Re: Do you have FOMO (Bitcoin, TSLA, whatever?)
No, but I do have ROMO: Regret Over Missing Out. I actually thought about buying TSLA early in 2020 before its great run. There are other examples, sadly. I've learned that when I spot an opportunity I need to move quickly rather than waiting for a great price. I bought and I tried to tell every darn Boglehead here to buy. Back in 2018-2019 most Tesla threads got locked or deleted. I also tried to tell you all to buy the cars. Luckily I did both. It really wasn’t that complex. Coming off years of 50%y/y growth and the worlds most important collection of talent and technology. That seems kinda like a “big deal.” All of you were like meh. To those that don’t get it like the above poster... India probably paying them to build a fifth factory ...
- Fri Jan 08, 2021 1:54 pm
- Forum: Personal Investments
- Topic: Should I sell my Tesla [stock] now or wait?
- Replies: 43
- Views: 3524
Re: Should I sell my Tesla [stock] now or wait?
Tesla was selling for about 250 to 350 until about December of 2019, then it jumped to about $1,500 by August 2020 when it did a 5 for 1 stock split, $300 after the split. When I heard about the pending split, I bought mine on August 8 for $15,010 a share, $302 after the split. As I write this in the middle of the day on January 8th, the price is now at $872, a 189% gain in only 5 months. If I can hold my shares until August, I can get a nice LTCG and manage my IRA income so that I can take that income tax free, but I risk a huge drop if the value goes back to pre-spike levels. What is everyone else’s opinion on how the price for TSLA will react over the next 8 months? Ask all the people who sold before how they feel!! Are you joking? HODL...
- Mon Jan 04, 2021 11:18 pm
- Forum: Personal Investments
- Topic: Anti-Boglehead Confessions
- Replies: 102
- Views: 13620
Re: Anti-Boglehead Confessions
Elon building all my homes... Jack B providing the diversification. VTI is seventh wonder of the world. Elon
Musk is a money printing genius and I’m very glad I pushed all in w the play money.
Musk is a money printing genius and I’m very glad I pushed all in w the play money.
- Mon Jan 04, 2021 10:38 pm
- Forum: Personal Investments
- Topic: Family member has one million in one stock , doesn't want to cash out
- Replies: 314
- Views: 45842
Re: Family member has one million in one stock , doesn't want to cash out
If it makes OP feel better, my FIL has 4mil, is nearly 70y/o and 70/30 stocks/bonds, still pouring money into Tesla etc. I suggested that he pull waaaaay back... like maybe put 3mil into bonds and keep the other 25% in stocks for fun. He said his financial advisor is entertaining the idea of letting him go from 70/30 to 60/40.... Tesla has become a cult stock; the dynamics are really interesting. It reminds me of Bitcoin, but I didn't think I'd witness the same cult-like following for a high cap company in the regular stock market. I could be just ignorant or naive though. People I know keep telling me to buy Tesla and I keep saying no that’s dumb. Everything I read says it’s unsustainable. The PE ratio is absurd yada yada yada. And they k...
- Mon Jan 04, 2021 10:33 pm
- Forum: Personal Investments
- Topic: Family member has one million in one stock , doesn't want to cash out
- Replies: 314
- Views: 45842
- Tue Dec 29, 2020 10:06 am
- Forum: Personal Investments
- Topic: Help me create a 3-Fund ESG Portfolio
- Replies: 24
- Views: 5968
Re: Help me create a 3-Fund ESG Portfolio
Thanks for the update. I utilize VFTAX (vanguard ESG) for these purposes. And unlike what was said earlier in this thread it has crushed the index SP500 (VFIAX) on Morningstar over the last 10 years. By returning an additional approx 38.3% of initial investment. 367% returns VFTAX versus 328% VFIAX using the last ten years on Morningstar.
- Thu Dec 10, 2020 1:02 am
- Forum: Investing - Theory, News & General
- Topic: TESLA Valuation
- Replies: 111
- Views: 9120
Re: TESLA Valuation
Enjoy your dividends double taxed dividends from your zombie companies. Hope that works. Lol.z3r0c00l wrote: ↑Wed Dec 09, 2020 6:26 amThanks for your perspective. I want companies to make a profit and return that profit to shareholders within a reasonable amount of time.Prettyfrtnt wrote: ↑Tue Dec 08, 2020 9:42 pm
I hate trying to explain this. Cause it’s so obvious. If amazon (or tesla) makes an extra $10B id like them to spend it to expand their business instead of paying taxes on it.
I hope my moonshots have Berkshire or apple problems about what to do with the excess money once the growth story is over. Like Warren B I’d just rather they buy stock back. So simple. Seriously.
- Thu Dec 10, 2020 12:55 am
- Forum: Personal Investments
- Topic: What’s “your number” for each kid’s 529?
- Replies: 439
- Views: 36149
Re: What’s “your number” for each kid’s 529?
Agree w you this won’t happen later so fill the buckets as needed based on this scaleKingRiggs wrote: ↑Wed Dec 09, 2020 9:43 amDoubling every 7 years would assume a return of 10% annually.Prettyfrtnt wrote: ↑Wed Dec 09, 2020 8:43 am 529 goals based on market doubling roughly every 7 years.
50k at birth
125k by 10
250k by graduation.
Fill it when you can. Birth is best.
That's a heavy lift for an equity-only portfolio, let alone one where you get more conservative as the child nears college.
My 529s were invested in all stocks until the kids hit about 14. By the time they went to college, the balance of each fund was about 50% contributions and 50% earnings.
- Wed Dec 09, 2020 8:43 am
- Forum: Personal Investments
- Topic: What’s “your number” for each kid’s 529?
- Replies: 439
- Views: 36149
Re: What’s “your number” for each kid’s 529?
529 goals based on market doubling roughly every 7 years.
50k at birth
125k by 10
250k by graduation.
Fill it when you can. Birth is best.
50k at birth
125k by 10
250k by graduation.
Fill it when you can. Birth is best.
- Wed Dec 09, 2020 8:40 am
- Forum: Personal Investments
- Topic: VTI (Total Stock Market) and VOO (S & P 500) Divergence
- Replies: 4
- Views: 565
VTI (Total Stock Market) and VOO (S & P 500) Divergence
I’ve been following Morningstar and using portfolio visualizer for a long time. VTI and VOO always tracked so well. Often tiny amounts different. In this year though VTI is outperforming YTD VOO by 1.4%. The only three possible reasons: small caps, Tesla, or zoom. Seeing as small caps (I used Russell 2000) have trailed the large caps by 4% we can throw out that hypothesis cause they have dragged down the VTI. So this massive divergence in a young investors timeframe of 1.4% in less than one calendar year that has no historical precedent should change actions. BH have been laissez-faire about VTI/VOO and tax loss harvesting etc back and forth since I have been on this board. Now is a time to reconsider. Buy the entire market. Diversification...
- Tue Dec 08, 2020 9:42 pm
- Forum: Investing - Theory, News & General
- Topic: TESLA Valuation
- Replies: 111
- Views: 9120
Re: TESLA Valuation
Tesla now 3X the size of Toyota despite selling what, 5% as many cars? They were up a silly 7% yesterday too, but now down 7% in premarket as the company announces the sale of more shares amounting to $5 billion. Hmm...this argument sounds familiar. FYI, not agreeing or disagreeing with you...just pointing out this common thought process comparing Tesla sales to Toyota sales sounds eerily familiar. https://www.nytimes.com/1998/07/19/business/investing-it-does-amazon-2-barnes-nobles.html Yes and I think Amazon's valuation is outrageous too! : ) The biggest difference in my mind is that while Amazon was an entirely new kind of business, e-commerce that became the future of retail, electric cars are not fundamentally different from gas cars. ...
- Tue Dec 08, 2020 9:34 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla becomes most valuable car company in the world
- Replies: 396
- Views: 44387
Re: Tesla becomes most valuable car company in the world
I think Tesla exposes themselves to quite a bit of potential liability. If I approached my job the way Tesla is approaching the release of self-driving features to the public, and somebody died due to a mistake I made, there is a really good chance I would find myself facing a trial for negligent manslaughter. It doesn't even directly matter that self-driving cars are probably safer than the average driver. After all, keep in mind a negligent driver also can easily be tried for manslaughter, but if Tesla takes control, they should assume liability shifts to them. An attorney who specializes in consumer protection law has said that self-driving cars will be a " legal nightmare ." As you've pointed out, with regular cars, the drive...
- Mon Dec 07, 2020 8:52 pm
- Forum: Investing - Theory, News & General
- Topic: Is Tesla being added to the S&P 500 concerning?
- Replies: 87
- Views: 11420
Re: Is Tesla being added to the S&P 500 concerning?
It doesn't concern me at all. I own the Vanguard Total Stock Market Index Fund, and have for a couple of decades. Tesla was added to that fund in 2010. Let's pretend that Tesla is actually totally worthless, a pure bubble, which will pop and go to zero in one single day later this year. Right now, it represents possibly 1.5% of the value of my fund. So my fund is currently valued at 1.5% more than it should be. I've benefited from Tesla's irrational run-up to the extent of a big fat +1.5% over ten years. When Tesla goes to zero I'll lose all of that 1.5%. Do you know many times between 2010 and today the Total Stock Market Index Fund has lost 1.5% of its value in a single day? One hundred and fifty times. It has done it 35 times this year ...
- Mon Dec 07, 2020 7:27 pm
- Forum: Investing - Theory, News & General
- Topic: TESLA Valuation
- Replies: 111
- Views: 9120
Re: TESLA Valuation
Pierre Ferragu from new street research made a compelling case for Tsla shares to be worth close to infinity right now. If their execution risk was zero. It’s clearly not. But still.langlands wrote: ↑Mon Dec 07, 2020 7:23 pmlol, nice I forgot about that.Prettyfrtnt wrote: ↑Mon Dec 07, 2020 7:18 pm He said “the stock price is too high imo” at 9:11 in the morning of 5/1/2020. On 9/11 he announced a 5/1 stock split.
- Mon Dec 07, 2020 7:24 pm
- Forum: Investing - Theory, News & General
- Topic: Is Tesla being added to the S&P 500 concerning?
- Replies: 87
- Views: 11420
Re: Is Tesla being added to the S&P 500 concerning?
Hello, as many of you already know Tesla's stock is overvalued. Even if it has positive net income in the coming years the price you are playing now for its future returns is too high. A lot of people are front loading the price before it's going to be added to the S&P 500. The other issue is that is has such a large market cap right now if it was added it will make up a large percentage of the index fund. We all know that over the long term a stock is based on the companies' profitability. If Tesla's stock keeps getting traded so high it could lead to big stock price drops in the future. I also have a lot of friends that are talking about trading stocks and using apps like Robinhood now and stock option trading is very popular now. I ...
- Mon Dec 07, 2020 7:18 pm
- Forum: Investing - Theory, News & General
- Topic: TESLA Valuation
- Replies: 111
- Views: 9120
Re: TESLA Valuation
He said “the stock price is too high imo” at 9:11 in the morning of 5/1/2020. On 9/11 he announced a 5/1 stock split.
- Mon Dec 07, 2020 1:35 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla added to S&P 500 index
- Replies: 310
- Views: 36390
Re: [Tesla added to S&P 500 index]
It’s almost like something unprecedented is happening... I wonder where someone could have been notified about it???
Check the first five posts here and see what DD you ignored.
Check the first five posts here and see what DD you ignored.
- Mon Dec 07, 2020 8:42 am
- Forum: Personal Investments
- Topic: Short Tesla?
- Replies: 94
- Views: 8970
Re: Short Tesla?
I apologize most of the threads were deleted (actually all were deleted). There were tons of threads 2018-2019 here especially with the guy who shorted and vanished that were deleted.4nursebee wrote: ↑Mon Dec 07, 2020 3:54 amPrettyfrtnt wrote: ↑Sun Dec 06, 2020 11:34 pm I have been telling you Tesla on bogelheads for two years despite the hate. You could have turned $1M into $15M. Don’t care what you do moving forward... I already bagged it.
Yeah I’m not seeing you pump Tesla in any way. Perhaps you were doing so elsewhere?
I’d love to see where you did this 2 years ago.
- Sun Dec 06, 2020 11:34 pm
- Forum: Personal Investments
- Topic: Short Tesla?
- Replies: 94
- Views: 8970
Re: Short Tesla?
I have been telling you Tesla on bogelheads for two years despite the hate. You could have turned $1M into $15M. Don’t care what you do moving forward... I already bagged it.
- Sat Dec 05, 2020 9:44 am
- Forum: Personal Investments
- Topic: Short Tesla?
- Replies: 94
- Views: 8970
Re: Short Tesla?
Good luck with that. Never bet against a guy which can land rockets on end.... doubly so when they can do this two rockets at once. Do you think Musk had any substantial contribution towards the engineering or design of those rockets? Far more critical than that. Many large engineering efforts have been undone due to fools leading at the top (737 MAX, NASA's SLS, *insert military hardware project here*, BlackBerry etc), they either corner cut (*cough* Boeing *cough*), cave to shareholder pressure, or incorrectly assess the competition and/or misjudge the future (*cough* BlackBerry *cough*). Musk to date, has shown none of these tendencies, his faults from what I see are driving his people probably too hard for too long. But of the defects ...
- Tue Dec 01, 2020 10:30 am
- Forum: Personal Investments
- Topic: 1258% YTD
- Replies: 89
- Views: 13005
Re: 1258% YTD
I did the 10% play money thing and now it’s 50%. Rather happy I did. Now with first world problems in regards to rebalancing out. Super fun problem to have. It moved the needle for me. My advice if you must: be a retail investor that knows more than Wall Street this is possible now with Twitter/Reddit. And yes I believe as a retail investor I know quite a bit more about the companies I own than Wall Street. Elon Musk agrees w me. It’s only possible with modern communication technology. Buy and hold. Don’t forget taxes. Own only things you would expect to still want to have in 10 years. Trading and options is stupid to me. Mainly because you can’t gain an edge and the taxation on it ruins it—one big year and you are taxed 40%, next year you ...
- Thu Nov 26, 2020 12:50 am
- Forum: Investing - Theory, News & General
- Topic: Tesla added to S&P 500 index
- Replies: 310
- Views: 36390
Re: What to do with significant index changes, e.g., S&P 500 adding Tesla
Getting crazy. Thanks for your content it’s extraordinary.harikaried wrote: ↑Mon Nov 23, 2020 6:03 pmHere's the Morningstar quote page for TSLA today that includes P/E. I started this thread in July with Tesla having a $200 billion market cap, and now it's more than halfway to $1 trillion:Nate79 wrote: ↑Fri Aug 21, 2020 5:49 pmWhat is the P/E ratio of Tesla and what similar large cap growth stocks have similar P/E?Prettyfrtnt wrote: ↑Fri Aug 21, 2020 4:55 pmDude you are using the wrong yardstick. P/e similar to other large growth large caps.
https://www.morningstar.com/stocks/xnas/tsla/quote
- Sat Nov 21, 2020 11:42 am
- Forum: Investing - Theory, News & General
- Topic: Tesla added to S&P 500 index
- Replies: 310
- Views: 36390
Re: [Tesla added to S&P 500 index]
It’s not in the S&P 400 mid cap fund for the same reasons standard and poors messed this up. So it’s a rare situation where it isn’t going from the mid cap to the large cap. It is 5.5% in the vanguard extended markets so vanguard has a little head start on Blackrock et al.
- Thu Nov 19, 2020 8:55 am
- Forum: Investing - Theory, News & General
- Topic: [You are] forced to buy TSLA - and it may cost you 5% of your 401k
- Replies: 100
- Views: 12815
Re: Your forced to buy TSLA - and it may cost you 5% of your 401k
Got out of VOO huge position only choice in my employer supported limited retirement was VFTAX a vanguard ESG that mercifully has zoom and Tesla.danaht wrote: ↑Thu Nov 19, 2020 7:26 am Hi Bogleheads,
TSLA is going to enter the S&P 500 in December - and it will probably be 3% to 5% of the S&P 500. The stock keeps going higher everyday - so this number might get much larger by the time it enters it. Most of the 401k "large cap" funds will be forced to buy it at these inflated prices in order to follow the index. I don't like this. This stock reminds me of the outrageous valuations we had in tech stocks in 1999. I guess this is the price we pay to be a "passive" investors in the S&P 500. What are your thoughts?
- Thu Nov 19, 2020 12:00 am
- Forum: Investing - Theory, News & General
- Topic: Tesla added to S&P 500 index
- Replies: 310
- Views: 36390
- Wed Nov 18, 2020 11:49 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla becomes most valuable car company in the world
- Replies: 396
- Views: 44387
Re: Tesla becomes most valuable car company in the world
@hagridshit and @herbert_21 you guys have great info and are so correct. I’ve been trying to share this type of DD (deep dive) here since 2017-8. The arguments are the exact same against the valuation where it was 200 or 2000 presplit prices. Tesla is a collection of 12 of the worlds best technologies that are all years ahead and have huge moats, they take time and billions to invest in, Tesla and spacex have brain drained the best engineers in the USA for 5-7 years. Look guys it’s a wrap. Competition lol. Ask anyone who owned an an ipace or etron. Past tense on purpose. GM doing insurance like Tesla lol. After their hummer doesn’t need to be plugged in. Rivians weekly factory output is... oh yeah zero. Nio check them if you want a crazy va...
- Wed Nov 18, 2020 10:28 am
- Forum: Investing - Theory, News & General
- Topic: Tesla added to S&P 500 index
- Replies: 310
- Views: 36390
Re: [Tesla added to S&P 500 index]
Yup!
Happy days guys. We tried to explain... Check up thread. Hope all you BHs out there are VTI and not VOO.
UNPRECEDENTED. Check the s and p press release. 30+ days, two tranches?! They are spooked.
- Tue Oct 13, 2020 5:18 pm
- Forum: Investing - Theory, News & General
- Topic: Is now the time to think about active investing??
- Replies: 32
- Views: 4022
Re: Is now the time to think about active investing??
<r><QUOTE author="hagridshut" post_id="5539351" time="1602288117" user_id="35974"><s>[quote=hagridshut post_id=5539351 time=1602288117 user_id=35974]</s> <QUOTE author="Prettyfrtnt" post_id="5531899" time="1601922985" user_id="151599"><s>[quote=Prettyfrtnt post_id=5531899 time=1601922985 user_id=151599]</s> Should we be doing less passive index investing??<e>[/quote]</e></QUOTE> I don't think there's a blanket answer to this question. <br/> <br/> I believe that successful stock picking requires an investor to have 2 attributes: (1) Specialized skills and knowledge to spot opportunities that the broader market has missed, AND (2) The mental willpower to stick with those opportunities through periods of volatility and periods where the broade...
- Mon Oct 05, 2020 1:36 pm
- Forum: Investing - Theory, News & General
- Topic: Is now the time to think about active investing??
- Replies: 32
- Views: 4022
Is now the time to think about active investing??
“An optimist by nature, Wood nonetheless offers some unsettling predictions for the next five years. She expects a broad swath of large industries—banking, energy, transportation, health care—to be disrupted by technological change, with many workers displaced. The result, she believes, is that economic growth, inflation and broad market indexes will all fall persistently short of expectations, providing an opportunity for active managers to pick the innovative winners that will continue to drive market-cap gains.”
From:
https://www.forbes.com/sites/antoinegar ... -trillion/
Should we be doing less passive index investing??
From:
https://www.forbes.com/sites/antoinegar ... -trillion/
Should we be doing less passive index investing??
- Wed Sep 30, 2020 2:09 pm
- Forum: Personal Investments
- Topic: Share lending
- Replies: 6
- Views: 718
Re: Share lending
Also a great way to enable whatever it is you are holding to be sold short.GoldenGoose wrote: ↑Wed Sep 30, 2020 11:32 am Thank you. That explains my question nicely. The program says I can sell the lent-out shares at any time. So from a risk perspective, it is not really much. I am of the the buy and hold type so with my shares sitting there doing nothing, this would be nice to get some cash in return. Just wonder if it is really worth the effort.
- Thu Sep 24, 2020 3:44 pm
- Forum: Personal Investments
- Topic: 1st Time Transferring Stock to DAF
- Replies: 12
- Views: 878
Re: 1st Time Transferring Stock to DAF
@livesoft and others. Can you help me with the taxes on this? Let’s say I have $200,000 (up from $20,000) in a long term capital gain. How much would I have to DAF to make it where I would owe no capital gains if say i wanted to cash out of $100,000 of it. For this purpose assume I make $1M a year and am in maximal tax brackets. Would $100k DAF and $100k cash out make me tax free??
- Tue Sep 22, 2020 10:39 pm
- Forum: Personal Investments
- Topic: Overfund a 529 or put some in an UTMA?
- Replies: 19
- Views: 1558
Re: Overfund a 529 or put some in an UTMA?
Dude what a gift.
Take it.
Ultimate zeroth world problem.
So jealous.
529 all the way
Overfunded 529 best ever zeroth world problem.
My goodness so perfectionistic.
Bless your parents.
Take it.
Ultimate zeroth world problem.
So jealous.
529 all the way
Overfunded 529 best ever zeroth world problem.
My goodness so perfectionistic.
Bless your parents.
- Thu Sep 17, 2020 11:30 pm
- Forum: Personal Investments
- Topic: Struggling Over whether to Sell my Tesla Stock
- Replies: 74
- Views: 7899
Re: Struggling Over whether to Sell my Tesla Stock
Hold till eternity. Future you already thanking me.
- Thu Sep 10, 2020 12:11 am
- Forum: Personal Investments
- Topic: Family member has one million in one stock , doesn't want to cash out
- Replies: 314
- Views: 45842
Re: Family member has one million in one stock , doesn't want to cash out
Yeah I’d be super careful about congratulating yourself on this one now. The game is about to be played out over the next 2-32 years. And while odds might favor you... The chances you just got your parents out of amazon in 2009, Apple in 2002, or Zoom in Feb 2020 loom very possible. By inserting yourself into the situation you have inadvertently taken on a risk of creating some legit anger and animosity. Maybe things go south forever and they are always thankful. But the situation has definitely not played out. It’s something many of us struggle with. Giving friends and family “stock tips,” telling them who to manage their money, etc. really puts you on the line EVEN if it is the RIGHT decision... and it’s risky. This message board advocate...
- Tue Sep 08, 2020 10:51 pm
- Forum: Personal Investments
- Topic: Dca the TQQQ [ProShares UltraPro QQQ (leveraged ETF)]
- Replies: 12
- Views: 3174
Re: Dca the TQQQ [ProShares UltraPro QQQ (leveraged ETF)]
Yeah I’m up about 50% got in a chunk at 68 and then continued to dca. Will continue... Buy and hold forever. Not a free lunch tho. Looked sweet for 4 months work when it was at 170. I like buying this product on a dip and will buy a fair amount more of it when I get paid if the dip keeps up. Last week Morningstar showed 10k, 10 years ago was up to $985,000!!! Haven’t checked today ha.
I agree with NMBob tho if it does well it quickly prices you out of the DCA. It’s a better product to early on plant some seeds. If it had continued above 200 I probably would have stopped contributing.
I agree with NMBob tho if it does well it quickly prices you out of the DCA. It’s a better product to early on plant some seeds. If it had continued above 200 I probably would have stopped contributing.
- Sun Sep 06, 2020 9:17 am
- Forum: Personal Investments
- Topic: Strategy for getting out of Northwestern Mutual
- Replies: 12
- Views: 2615
Re: Strategy for getting out of Northwestern Mutual
Thanks for the replies. I was surprised to hear the recommendation of Charles Schwab. Is there a reason to choose this over Fidelity and Vanguard (is it just because of the better customer service)? The representative came to our residency and I willingly joined. At the time I viewed finances as something complicated and it should be left the professionals. I also signed up for whole term (told me to me as cash value to use when the down years of the market during the retirement or long term nursing home if that were to happen or borrow for other purchases while leaving something for future generation). It made all the sense then from the analogies I was told. I thought I was late to investing and would be behind. Luckily one of my colleag...