Search found 28 matches

by Oregano
Sun Mar 22, 2020 10:31 am
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 89
Views: 10603

Re: Time to buy Boeing?

If we all pitch in a few dollars, by the time this is over Bogleheads might be able to buy the whole company.
by Oregano
Sat Mar 21, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion / Private Letter Ruling
Replies: 18
Views: 1546

Re: Roth Conversion / Private Letter Ruling

Before the call ended, I asked the question, “If I had contacted Vanguard and had someone help me with the trade and they made a mistake, would Vanguard correct it?” The answer was, “yes.” So somewhere in their system they do have a mechanism for correcting it but it’s probably just for employees a...
by Oregano
Fri Mar 13, 2020 7:16 pm
Forum: Investing - Theory, News & General
Topic: Does anyone here keeps super low GTC limit orders ...
Replies: 4
Views: 384

Re: Does anyone here keeps super low GTC limit orders ...

No because unless you have a margin account, you have to have cash in the account to cover the trade. Are you going to leave cash indefinitely in an account just for that purpose?
by Oregano
Sun Mar 08, 2020 9:57 pm
Forum: Investing - Theory, News & General
Topic: S&P500 Futures halted tonight (3/8)
Replies: 233
Views: 16390

Re: S&P500 Futures halted tonight (3/8)

The Fed will not be able to wait until March 18 and will have to come in with another, even bigger, rate cut this week. We are in uncharted territory. Could see another short selling ban put in place. Volatility up and down may well move into the ranges we saw in late 2008 with 8-9% daily moves in t...
by Oregano
Sun Mar 08, 2020 9:57 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3738
Views: 270154

Re: Coronavirus and the market

willthrill81 wrote:
Sun Mar 08, 2020 9:20 pm
I will be surprised if no airlines go bankrupt as a result of this, at least a couple of the regional domestic carriers.
There will be bailouts.
by Oregano
Fri Mar 06, 2020 9:33 pm
Forum: Personal Investments
Topic: Fed rate cut probability for 2020
Replies: 8
Views: 1115

Re: Fed rate cut probability for 2020

RAchip wrote:
Wed Mar 04, 2020 8:08 pm
There is little or no inflation. Interest rates will be raised when inflation returns.
Nope. Interest rates are already below inflation rates and you should expect them to stay that way for the foreseeable future.
by Oregano
Fri Feb 28, 2020 8:47 pm
Forum: Personal Investments
Topic: Letting HSA grow despite unused tax-advantaged space
Replies: 21
Views: 1485

Re: Letting HSA grow despite unused tax-advantaged space

gch,

If I take money out of the HSA, put it in my 401(k) and get a 25% tax deduction, then withdraw it in retirement at a 15% tax rate, isn't that better than leaving it in the HSA?

There are a lot of reasons not to leave it in the HSA.
by Oregano
Fri Feb 28, 2020 7:01 pm
Forum: Personal Investments
Topic: Letting HSA grow despite unused tax-advantaged space
Replies: 21
Views: 1485

Re: Letting HSA grow despite unused tax-advantaged space

After you have incurred the medical expense, there is no difference in a Roth 401k/Ira or an hsa Well, this is false. The ability to get money out of an IRA or Roth IRA (in particular) without penalty is much better than an HSA. I have a well-funded HSA that I think will cover a considerable amount...
by Oregano
Fri Feb 28, 2020 5:28 pm
Forum: Investing - Theory, News & General
Topic: Leveraging to buy bonds
Replies: 12
Views: 743

Re: Leveraging to buy bonds

rouble wrote:
Thu Feb 27, 2020 3:04 pm
...takes a personal secured loan at 2%...
This is the part I'm curious about. What kind of loan only charges 2%?
by Oregano
Sat Feb 22, 2020 5:56 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10393

Re: Thoughts on Charlie Munger's recent comments?

I never listen to people like Buffet or Munger nor any other talking head, they all have agendas. I just dollar-cost avg into my diverse index funds and allocate 70/30. This formula always works. Yep, there's a lot of folks who don't appreciate how Buffett will largely shirk federal taxes by donati...
by Oregano
Fri Feb 21, 2020 3:47 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10393

Re: Thoughts on Charlie Munger's recent comments?

See Exhibit 1 for something you might choose to be concerned about. Or not, if you assume Mr. Market is pricing assets rationally.

https://www.avantisinvestors.com/conten ... emium.html
by Oregano
Fri Feb 21, 2020 3:44 pm
Forum: Personal Investments
Topic: Can short-term capital gains distributions count as qualified dividends?
Replies: 12
Views: 1094

Re: Can short-term capital gains distributions count as qualified dividends?

Now that I think of it, even if you are a foreigner it seems like Box 1a and Box 1b should not be the same. It seems like there is indeed a separate category of "Qualified" in play here, but I don't fully understand it.
by Oregano
Fri Feb 21, 2020 2:44 pm
Forum: Personal Investments
Topic: Treasury zero spreads seem very high (>1%), am I missing something?
Replies: 13
Views: 1013

Re: Treasury zero spreads seem very high (>1%), am I missing something?

Zeroes are less liquid than coupon Treasuries, so you would probably only want to buy them if you are confident you will hold for a long time horizon. I buy corporate bonds with much bigger spreads than that, but I plan to hold to maturity.
by Oregano
Fri Feb 21, 2020 2:42 pm
Forum: Personal Investments
Topic: Can short-term capital gains distributions count as qualified dividends?
Replies: 12
Views: 1094

Re: Can short-term capital gains distributions count as qualified dividends?

By any chance are the people seeing Box 1a and Box 1b registered as foreigners? I found a DFA document (link at the end) that imply this is a whole other meaning for Qualified. It says: "1) The American Jobs Creation Act of 2004 provides that the qualified portion of a regulated investment company d...
by Oregano
Mon Feb 17, 2020 3:53 pm
Forum: Investing - Theory, News & General
Topic: Composition and safety of TIAA traditional annuity
Replies: 130
Views: 13179

Re: Composition and safety of TIAA traditional annuity

Most of my Trad. RC is churning along at 4.25%, because of the timing of when I did my initial lump sum into the arrangement. One can find the current crediting rates on all vintages of the various TIAA Traditional contracts by going to https://www.tiaa.org/public/investment-performance and viewing...
by Oregano
Fri Feb 14, 2020 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of RSUs vested but not delivered
Replies: 10
Views: 880

Re: Taxation of RSUs vested but not delivered

quantAndHold wrote:
Fri Feb 14, 2020 5:49 pm
Oregano wrote:
Fri Feb 14, 2020 5:48 pm
Jack FFR1846 wrote:
Fri Feb 07, 2020 1:00 pm
The day they vest, their value is taxable.

The end.
That is not correct.

The end.
Explain why not. With citations.
Why didn't you ask Jack FFR1846 to explain, with citations?
by Oregano
Fri Feb 14, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of RSUs vested but not delivered
Replies: 10
Views: 880

Re: Taxation of RSUs vested but not delivered

The day they vest, their value is taxable. The end. That is not correct. The end. Explain why not. With citations. Google it and you'll find articles such as https://www.schwab.com/public/eac/resources/articles/rsu_facts.html stating things such as "With RSUs, you are taxed when the shares are deli...
by Oregano
Fri Feb 14, 2020 6:01 pm
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 288
Views: 37150

Re: What video games are you currently playing?

Played through Kid Chameleon on the Sega Genesis Mini. Fun game, but a few of the levels were brutal. Fortunately the Mini has a save feature for all games; the original Kid Chameleon apparently didn't have one which is baffling. I never would have made it through without the ability to save and re-...
by Oregano
Fri Feb 14, 2020 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of RSUs vested but not delivered
Replies: 10
Views: 880

Re: Taxation of RSUs vested but not delivered

Jack FFR1846 wrote:
Fri Feb 07, 2020 1:00 pm
The day they vest, their value is taxable.

The end.
That is not correct.

The end.
by Oregano
Fri Feb 14, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: Composition and safety of TIAA traditional annuity
Replies: 130
Views: 13179

Re: Composition and safety of TIAA traditional annuity

The special sauce of TIAA Traditional is that it is over-collateralized (i.e., assets exceed liabilities.) That's it. That's why it is rated AAA and that's why it can pay above market rates. Thus, I don't think credit risk is a large concern. I also don't think rising interest rates are a terribly l...
by Oregano
Fri Feb 07, 2020 4:09 pm
Forum: Investing - Theory, News & General
Topic: L Bonds: A somewhat 'new' option, has anyone looked into them?
Replies: 3
Views: 705

Re: L Bonds: A somewhat 'new' option, has anyone looked into them?

I don't really know much about GWG. They do life settlements and stuff like that, right? Emergent Capital is an example of a company that went bankrupt a few years ago in that line of business. I don't think they lent money to individuals, but they did have double digit yields on secured debt like G...
by Oregano
Fri Feb 07, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: L Bonds: A somewhat 'new' option, has anyone looked into them?
Replies: 3
Views: 705

Re: L Bonds: A somewhat 'new' option, has anyone looked into them?

Looks can be deceiving. The yields are high, but they should be a lot higher. These companies are tricking investors into thinking they are getting a good deal. GWG has a senior credit facility which ranks higher in the capital structure than the L Bonds. This loan is owned by some sort of instituti...
by Oregano
Fri Jan 17, 2020 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Realized we made a major mistake and feeling really sick.
Replies: 162
Views: 14189

Re: Realized we made a major mistake and feeling really sick.

If we could use hindsight to invest, we'd all be billionaires.
by Oregano
Fri Jan 10, 2020 5:14 pm
Forum: Investing - Theory, News & General
Topic: Interesting read [Seeking Alpha: The 8% Income Portfolio]
Replies: 9
Views: 1532

Re: Interesting read [Seeking Alpha: The 8% Income Portfolio]

Throw a dart at a strategy in a bull market and odds are it worked. This strategy is full of leveraged funds (closed end funds and ETFs) and at least some closed-end funds with high managed payout rates. Managed payouts mostly just give you your principal back as the actual income levels are much lo...
by Oregano
Fri Jan 10, 2020 2:54 pm
Forum: Investing - Theory, News & General
Topic: 2020 Hedge Fund contest
Replies: 199
Views: 13608

Re: 2020 Hedge Fund contest

Short Tesla Fund

Short: Tesla
by Oregano
Fri Dec 27, 2019 9:54 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 164
Views: 19793

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

Arguably 100% of portfolio is anti-Boglehead. About 25% of portfolio is in Fannie Mae and Freddie Mac preferred stocks.
by Oregano
Fri Nov 22, 2019 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout
Replies: 85
Views: 13337

Re: GE Pension Buyout

P.S. If you plan on dying fairly soon and have no spouse, then go ahead and take the lump sum and spend it all in the next couple years.
by Oregano
Fri Nov 22, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout
Replies: 85
Views: 13337

Re: GE Pension Buyout

I've come out of a deep hibernation because this thread has some of the worst advice I've ever seen on Bogleheads and I felt compelled to point out the flawed logic. The OP had a completely appropriate analysis and yet more than half of the people here are trying to convince him/her to take the deep...