Search found 1202 matches

by jason2459
Thu Jan 11, 2024 8:32 pm
Forum: Investing - Theory, News & General
Topic: Article - $600K and live off dividends "forever"!
Replies: 66
Views: 15998

Re: Article - $600K and live off dividends "forever"!

SB1234 wrote: Thu Jan 11, 2024 8:06 pm
the_wiki wrote: Thu Jan 11, 2024 7:09 pm Without getting into the heated topics, I just found it hilarious that 10 random stocks will last “forever” without at least some of them cratering in value or canceling dividends.
Not 10. Got it.
What is a good number then? 500? 3000? :)
Looks like 30 was good enough for this truly passive fund.

https://www.morningstar.com/funds/stran ... ders-trust
by jason2459
Sat Nov 25, 2023 3:49 pm
Forum: Investing - Theory, News & General
Topic: What to invest in Roth for 13 year old
Replies: 78
Views: 14311

Re: What to invest in Roth for 13 year old

rkhusky wrote: Sat Nov 25, 2023 12:01 pm
jason2459 wrote: Sat Nov 25, 2023 8:51 am Parent can show kid how to use a spread sheet and math.
You can bring a horse to water, but you can’t make him drink. Perhaps kid will sell all and buy NTDOY or GME.
Would be infinitely better then what I spent money on when I was 13. And at that age it's a perfect time for them to learn the hard way.
by jason2459
Sat Nov 25, 2023 8:51 am
Forum: Investing - Theory, News & General
Topic: What to invest in Roth for 13 year old
Replies: 78
Views: 14311

Re: What to invest in Roth for 13 year old

Parent can show kid how to use a spread sheet and math.
by jason2459
Sat Nov 25, 2023 8:41 am
Forum: Investing - Theory, News & General
Topic: What to invest in Roth for 13 year old
Replies: 78
Views: 14311

Re: What to invest in Roth for 13 year old

I gave my 13 yo the If you can pdf to read and the Little book of common sense.

We opened up a Fidelity youth account (taxable) and he chose to go with 1/3 VTI, 1/3 VXUS, 1/3 SLYV.

He thought that made sense to him for taxes and thought it would be easy to just add money to what was behind. He puts 20% of any money he gets into it. He looks forward to opening a Roth this coming summer. He said for that he just wants to just go all VT and if he gets a 401k, a target date fund. Simple and easy he said.
by jason2459
Sat Jul 29, 2023 7:57 am
Forum: Investing - Theory, News & General
Topic: Ishares IBonds Ladders
Replies: 21
Views: 3212

Re: Ishares I Bonds Ladders

After a month in a HYS, assume TLH is involved here, I'd just go back into what ever bond funds you had before and hold on.
by jason2459
Sun Dec 11, 2022 7:08 pm
Forum: Investing - Theory, News & General
Topic: Thoughts & Questions on the Vanguard Extended Duration Treasury ETF
Replies: 41
Views: 4549

Re: Thoughts & Questions on the Vanguard Extended Duration Treasury ETF

I am reviving this long dead thread only to illustrate how disastrous and how excellent some of the advice on this forum can be. Some posters on this thread referred to EDV as a uniquely safe ETF (and gave their reasons). Others pointed out that even a 2% fed fund rise can cause a 50% drop in NAV. I am sure that those who held EDV over the last 2 years could not have been pleased with the 65% drop in its value regardless of their theories on duration etc. One poster in particular warned several times of the inadvisability of such a move. I, for one, remember reading this thread in 2020 and taking his advice. Maybe premature gloating? For those that bought in 2020 we'll have to revisit in 2045 as it looks to have a current average duration ...
by jason2459
Sat Nov 19, 2022 3:42 pm
Forum: Investing - Theory, News & General
Topic: How Risky is the Three-Fund Portfolio?
Replies: 16
Views: 2186

Re: How Risky is the Three-Fund Portfolio?

What's wrong with risk? Especially different types of risks?
by jason2459
Wed Nov 09, 2022 8:51 pm
Forum: Investing - Theory, News & General
Topic: Gold instead of Bonds
Replies: 23
Views: 3006

Re: Gold instead of Bonds

annu wrote: Fri Feb 28, 2020 10:30 pm I invest once a year every Feb 14th....I think it's like 2% of my total portfolio :sharebeer
This strategy has the best returns.
by jason2459
Sun Nov 06, 2022 7:59 am
Forum: Investing - Theory, News & General
Topic: Should I maintain my AA until I feel like capitulating?
Replies: 88
Views: 9285

Re: Should I maintain my AA until I feel like capitulating?

At 25 you want the prices to keep falling to buy cheaper.
by jason2459
Sun Nov 06, 2022 7:57 am
Forum: Personal Finance (Not Investing)
Topic: HSA investing value
Replies: 9
Views: 1465

Re: HSA investing value

You can still have it go through insurance and pay the bill in cash. Keep the receipt for later if needed. You can withdrawal that amount from the HSA at anytime.
by jason2459
Sat Nov 05, 2022 8:09 am
Forum: Investing - Theory, News & General
Topic: I know you can't time the market, But
Replies: 90
Views: 11454

Re: I know you can't time the market, But

I would have had no problem putting it all in in January. So, yeah ASAP now seems just as good to me.
by jason2459
Fri Nov 04, 2022 10:47 pm
Forum: Investing - Theory, News & General
Topic: The EE Bond Manifesto (A companion piece to Mel’s I Bond Manifesto)
Replies: 186
Views: 33443

Re: The EE Bond Manifesto (A companion piece to Mel’s I Bond Manifesto)

Yep, I'll continue to deduct a measly $100 from each paycheck straight to EE bonds. $400 a month play money in 20 years sounds like fun. It's an "annuity" for guaranteed entertainment.
by jason2459
Mon Oct 31, 2022 7:07 pm
Forum: Investing - Theory, News & General
Topic: I Bonds Mega Thread (I Bond Heads Rejoice!)
Replies: 6658
Views: 1241494

Re: I Bonds Mega Thread (I Bond Heads Rejoice!)

Looks like payroll deduction to TD went through on Friday just fine.
by jason2459
Tue Oct 25, 2022 7:08 am
Forum: Investing - Theory, News & General
Topic: New view of bonds?
Replies: 120
Views: 10115

Re: New view of bonds?

No change at all in my view. Match the bonds maturity to the duration you need.
by jason2459
Wed Oct 12, 2022 8:22 pm
Forum: Investing - Theory, News & General
Topic: [Now that TIPS have positive yield, what will your your I bond strategy be?]
Replies: 43
Views: 5218

Re: [Now that TIPS have positive yield, what will your your I bond strategy be?]

Recession does not necessarily mean deflation, although a recession can be a strong cause. According to the link below, US had not experienced deflation in the last 50 years. The last time significant deflation occurred was back during Great Depression, and only a mild deflation in 1954 but accompanied by GDP growth at the same time. https://www.thebalancemoney.com/u-s-inflation-rate-history-by-year-and-forecast-3306093 Deflation risk should be one of those "one in a million possibility" type of risk, in my opinion, not necessarily hedged for. TIPS and I bonds provide a floor of 0% in any case. I thought TIPS had a floor of 0% too due to how I read some verbage previously. A few years ago more verbage was pointed out to me showin...
by jason2459
Mon Oct 10, 2022 1:38 pm
Forum: Investing - Theory, News & General
Topic: REITs - Where is the benefit again?
Replies: 125
Views: 19844

Re: REITs - Where is the benefit again?

Didn't we all learn from the old cowboy that we should only invest in things that go up? :beer
by jason2459
Sun Oct 09, 2022 7:58 pm
Forum: Personal Investments
Topic: HSA act changing jobs
Replies: 10
Views: 988

Re: HSA act changing jobs

Seems like you have a qualified event and your wife could add you now on her plan.
by jason2459
Sun Oct 09, 2022 9:22 am
Forum: Investing - Theory, News & General
Topic: I Bonds Mega Thread (I Bond Heads Rejoice!)
Replies: 6658
Views: 1241494

Re: Can you do $5k in i-bonds 2x a year?

justsomeguy2018 wrote: Sat Oct 08, 2022 7:46 pm [Thread merged into here --admin LadyGeek]

When you buy an i-bond for yourself and you want to do the max individual amount, do you have to do the $10k in 1 transaction, or could you do $5k in 1 month then another $5k (or whatever combination to get to $10k) in additional months?
I do payroll deductions and forget about it. I don't have to think or worry about should I wait till the next rate change decision or not. It just goes in every paycheck.
by jason2459
Sat Oct 08, 2022 9:55 am
Forum: Investing - Theory, News & General
Topic: Why don't you factor tilt?
Replies: 882
Views: 56532

Re: Why don't you factor tilt?

Fama has never been a fan of momentum. DFA does use momentum screens. Credit and Term are the dominant factors in fixed income. I would recommend Larry Swedroe's "Your Complete Guide to Factor-Based Investing." Not a fan as in he's against momentum as a factor? Or not a fan as in he doesn't fully understand it but sees that it's been persistent? I Don’t like momentum either probably for the same reasons. In a volatile market you can really get hurt because it moves so fast and trading costs. Implementing a real portfolio has real costs. I have a small and mid cap tilt, along with a value tilt and can hold that with very cheap and tax efficient index funds. Interesting. It's possible a fast moving market could hurt a momentum fund...
by jason2459
Fri Oct 07, 2022 11:04 pm
Forum: Investing - Theory, News & General
Topic: Why don't you factor tilt?
Replies: 882
Views: 56532

Re: Why don't you factor tilt?

DaufuskieNate wrote: Fri Oct 07, 2022 8:42 pm
jason2459 wrote: Fri Oct 07, 2022 8:18 pm
DaufuskieNate wrote: Fri Oct 07, 2022 7:38 pm Fama has never been a fan of momentum. DFA does use momentum screens.

Credit and Term are the dominant factors in fixed income.

I would recommend Larry Swedroe's "Your Complete Guide to Factor-Based Investing."
Not a fan as in he's against momentum as a factor? Or not a fan as in he doesn't fully understand it but sees that it's been persistent?
My understanding is that he prefers a risk-based explanation for factors. Momentum is pretty much all behavioral.
The few interviews I've seen he seems to recommend and prefer everyone start and possibly stay with a market portfolio. He doesn't seem strongly convinced of any factors for most people. Only tilt to any factor to "taste."
by jason2459
Fri Oct 07, 2022 8:18 pm
Forum: Investing - Theory, News & General
Topic: Why don't you factor tilt?
Replies: 882
Views: 56532

Re: Why don't you factor tilt?

DaufuskieNate wrote: Fri Oct 07, 2022 7:38 pm Fama has never been a fan of momentum. DFA does use momentum screens.

Credit and Term are the dominant factors in fixed income.

I would recommend Larry Swedroe's "Your Complete Guide to Factor-Based Investing."
Not a fan as in he's against momentum as a factor? Or not a fan as in he doesn't fully understand it but sees that it's been persistent?
by jason2459
Mon Jul 11, 2022 11:17 pm
Forum: Personal Investments
Topic: Backdoor roth 2022
Replies: 6
Views: 1427

Re: Backdoor roth 2022

jason2459 wrote: Tue May 03, 2022 8:25 pm I was hesitant at first and paused after tax contributions and IRA contributions till things either became more clear or more clear it wasn't happening first half this year and by that point would have a much lower chance of being retroactive.

I started back up all fundings again in March. I personally feel safe right now and it is still legal.
Good choice. Me from the future thanks me from the past.
by jason2459
Thu Jul 07, 2022 9:28 pm
Forum: Personal Investments
Topic: M1 Finance, good choice for consolidating investments?
Replies: 28
Views: 4778

Re: M1 Finance, good choice for consolidating investments?

I love M1 for what I use it for. Would I want it to be my only brokerage account? No. But I wanted a taxable account I can shove side money into and forget. Every couple weeks new money goes in and periodically some extra. Then I forget about it. Fractional automatic ETF investments that I want to buy and hold for a very long time. Perfect for that. Do I think this company will be bought out? Yep, probably. Does that worry me? Nope. Been there done that many times over. I just hope whoever acquires M1 keeps and implements the technology. Case in point: I started with a brokerage and program called sharebuilder in around 2000. I could buy as many times as I wanted fractional shares of ETFs and even set up automatic purchases for a small mont...
by jason2459
Tue Jul 05, 2022 10:44 am
Forum: Personal Investments
Topic: M1 - Poor Pricing on Trades?
Replies: 11
Views: 1602

Re: M1 - Poor Pricing on Trades?

chrisdds98 wrote: Mon Jul 04, 2022 7:04 pm i wouldn't recommend m1 for anything with low trading volume. vti and vxus are fine
I was curious about this as well and if there would be any issues with a low volume fund. I found no issues at all with low volume funds and purchases with accurate market pricing.

I posted in a different forum my results but to summarize VFMO has very low volume and prices reflected by most everywhere is very slow to update especially in the mornings during the M1 trading window. I found my order placed was accurate and tracked via CBOE books.

I'm very happy with M1 and only need and want it for it's very basic fully automated investing.
by jason2459
Mon Jun 13, 2022 11:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

Imagine being in EDV this year, down 30% or so, down about 4% today. But hey, it only takes about 25 years to get compensated in the form of higher interest rates. :oops: I swapped to EDV (from BND) in late Feb at around $128 a share. Woulda been nice if I waited, but hindsight and all that. I bought some more (rebalancing) when it dropped. Not a huge deal--my horizon is quite long, and EDV is only 10% or so of my portfolio. Prior to the drops, I had something like $2.1m. Now I have $1.8m, which includes ~$50k in additional contributions since the drop started. So overall I think I'm down around $350k or 17% or so of my portfolio. Really not that bad for a correction on a 75/25 portfolio where a lot of the fixed income is in long bonds. Ar...
by jason2459
Mon Jun 13, 2022 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Substantially identical?
Replies: 48
Views: 4995

Re: Substantially identical?

jgalt133 wrote: Fri Jun 03, 2022 2:37 pm
jason2459 wrote: Sun May 29, 2022 7:05 pm And went on to tell me to contact the auditor assigned by a certain date to setup the meetings. It was several meetings of several hours each.
Wow, thank you for sharing your experience. It's the first time I've heard of an audit where TLH was reviewed. Was this in person or over the phone?
All meetings were in person.
by jason2459
Sun May 29, 2022 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Substantially identical?
Replies: 48
Views: 4995

Re: Substantially identical?

Here's the start of the letter I got... Your federal income tax return for the year shown above was selected at random for a compliance research examination. We must examine randomly-selected tax returns to better understand tax compliance and improve the fairness of the tax system. We'll give you the opportunity to explain any errors we may find during the examination. The results of this and other compliance research examinations will improve our efforts to help taxpayers understand and follow the tax law. It will also reduce unnecessary and costly examinations, and reduce burden on taxpayers. Please read the enclosed Notice 1332, Why Your Return is Being Examined. And went on to tell me to contact the auditor assigned by a certain date t...
by jason2459
Sun May 29, 2022 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Substantially identical?
Replies: 48
Views: 4995

Re: Substantially identical?

I printed out the prospectus of my funds and highlighted the differences. They gave no criteria of what they were looking for at all. This was the case for pretty much everything. If I showed them something it was either "great let's move on" or hmmm... Ok, let me see evidence of this now. For what I showed for the wash sales it was a Great let's move on. What were the auditor's words? Something along the lines of "I see you claimed a loss here and on the same day bought this other fund, show me they are not substantially identical"? You actually pointed to specific elements ( which elements?) of the prospectus and the response was "great let's move on"? This is critical information for the Bogleheads, the mor...
by jason2459
Sat May 28, 2022 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Substantially identical?
Replies: 48
Views: 4995

Re: Substantially identical?

I printed out the prospectus of my funds and highlighted the differences. They gave no criteria of what they were looking for at all. This was the case for pretty much everything. If I showed them something it was either "great let's move on" or hmmm... Ok, let me see evidence of this now. For what I showed for the wash sales it was a Great let's move on. What were the auditor's words? Something along the lines of "I see you claimed a loss here and on the same day bought this other fund, show me they are not substantially identical"? You actually pointed to specific elements ( which elements?) of the prospectus and the response was "great let's move on"? This is critical information for the Bogleheads, the mor...
by jason2459
Sat May 28, 2022 7:48 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989854

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Library's and microfiche for those that wanted to research specific topics. Or just subscriptions to papers and magazines/journals for those that wanted to browse with general interests.
by jason2459
Sat May 28, 2022 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Substantially identical?
Replies: 48
Views: 4995

Re: Substantially identical?

Doubt anyone will be audited specifically because of this. However, if audited it's up to the auditor to determine how deep they want to go. I've been through two. Both went pretty deep. Multiple years from the audit year back several years of documents, worksheets, returns, bank statements, etc. They combed though it all. Everything was questioned. "Oh, there's $400 deposit in your bank statement from two years ago, what was it for? Where did it come from? Where's the evidence it wasn't income to be taxed?....". They are horrible to go through. So, I personally was able to show the prospectus from each fund that was able to show different companies and in my case different indexes or methods being used. Left it at that and no ot...
by jason2459
Fri May 27, 2022 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Substantially identical?
Replies: 48
Views: 4995

Re: Substantially identical?

Doubt anyone will be audited specifically because of this. However, if audited it's up to the auditor to determine how deep they want to go. I've been through two. Both went pretty deep. Multiple years from the audit year back several years of documents, worksheets, returns, bank statements, etc. They combed though it all. Everything was questioned. "Oh, there's $400 deposit in your bank statement from two years ago, what was it for? Where did it come from? Where's the evidence it wasn't income to be taxed?....". They are horrible to go through. So, I personally was able to show the prospectus from each fund that was able to show different companies and in my case different indexes or methods being used. Left it at that and no oth...
by jason2459
Wed May 18, 2022 10:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

rockstar wrote: Wed May 18, 2022 9:39 pm
Beensabu wrote: Wed May 18, 2022 9:26 pm Who else has been DCAing into small growth this whole time? Anyone? Imma keep on doing that. :beer

Oh, that reminds me, we have beer! Imma go drink one.
It's sell the rally. That's the new memo. Buy the dip is history.
Damn it. I missed the memo... :oops:

:moneybag
by jason2459
Tue May 10, 2022 11:59 pm
Forum: Investing - Theory, News & General
Topic: Have a hard time believing most people here are not "timing the market" just a little
Replies: 86
Views: 9555

Re: Have a hard time believing most people here are not "timing the market" just a little

In 2022, this far out, where we've had a steady decline in the market with nothing to indicate a sudden reversal in the near future, I have a hard time believing the majority of people here are NOT holding extra cash to "buy the dip" on certain days. Sure today could be the bottom, and things could skyrocket tomorrow, but there's nothing to suggest that will happen. I've been doing it in 2022 and it's been working well so far. Bought on 5/9, 4/26, 2/23. All with cash I've had for months (which I hoarded due to news of impending crash for a while). Just DCAing down with larger sums on days with bigger dips like ones mentioned above. Market could still continue dropping but I am significantly better off than if I lump summed all of...
by jason2459
Tue May 10, 2022 11:30 pm
Forum: Investing - Theory, News & General
Topic: Gold's Strange Behavior Shows It's No Haven
Replies: 53
Views: 5912

Re: Gold's Strange Behavior Shows It's No Haven

tvubpwcisla wrote: Tue May 10, 2022 11:16 am Bogle said that Gold was not an investment. I believe him.
Would you believe he invested in gold?
by jason2459
Tue May 10, 2022 10:40 am
Forum: Investing - Theory, News & General
Topic: Gold's Strange Behavior Shows It's No Haven
Replies: 53
Views: 5912

Re: Gold's Strange Behavior Shows It's No Haven

I'm not a gold bug by any stretch of the imagination but using just a couple weeks of data to come to any conclusion for anything is completely ridiculous and foolish. :oops:
by jason2459
Mon May 09, 2022 4:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

pasadena wrote: Mon May 09, 2022 4:29 pm I'm just watching my unrealized losses and counting the days until the next harvest (and the next paycheck contribution). I'm silver lining this thing and certainly not trying to pretend I know what's going on and what's going to happen.
Yep, no clue. Don't have to have one. Just keep buying.
by jason2459
Mon May 09, 2022 10:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

trirunner wrote: Mon May 09, 2022 10:30 am
jason2459 wrote: Mon May 09, 2022 10:28 am So many dips to keep buying.... You get a car! You get a car! You get a car!
"So many dips falling knife to keep buying catching ...."
there fixed it for you :twisted:
:beer

My hands are like swiss cheese. I'm super tempted to go UPRO/TMF
by jason2459
Mon May 09, 2022 10:28 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

So many dips to keep buying.... You get a car! You get a car! You get a car!
by jason2459
Sun May 08, 2022 9:34 pm
Forum: Investing - Theory, News & General
Topic: How often have you switched your “type” of Bond holdings over the years?
Replies: 75
Views: 6649

Re: How often have you switched your “type” of Bond holdings over the years?

For the longest time I only had some CDs and cash in checking for short term needs. Then used some short term muni bonds with that for a few years. When ultra short term muni bond fund came out I converted all muni's to that. JMST has been pretty awesome for that and barely saw a blip in 2020 and slightly down right now but I'm up still with my investments.


2020 I was going to start jumping into long term bonds building up my allocation over a long period of time. I went with I-Bonds. Treasuries of 20+ years at the time didn't make much sense to me.

2022 hello 20+ year treasuries... :moneybag
by jason2459
Fri May 06, 2022 12:13 pm
Forum: Personal Investments
Topic: Buy VOO with Stock grants?
Replies: 15
Views: 1267

Re: Buy VOO with Stock grants?

Fyi, ITOT has quarterly dividends. But ITOT or VTI are perfectly fine for a taxable or any type of account.
by jason2459
Fri May 06, 2022 11:31 am
Forum: Personal Investments
Topic: VGLT, I'm down 19% - stay the course? [Vanguard Long-Term Treasury ETF]
Replies: 54
Views: 5034

Re: VGLT, I'm down 19% - stay the course?

Buy high sell low? I don't think so, you may have made a mistake initially picking a bond fund that requires you to hold it for ~20 years in some scenarios before being made whole, but you already took the pain, might as well benefit from it by holding on now. VGLT is never made whole no matter how long you hold. Your capital loss is never replaced by increased yield over any period of time? Let me put it this way, there is no notion of making whole, since the fund keeps swapping the underlying bonds, never holding till maturity. The duration of bonds always stays long-term, which is the point of the product. The average duration is already taking into account the turn over. Average effective maturity 23.8 years Average duration 17.6 years
by jason2459
Fri May 06, 2022 10:43 am
Forum: Personal Investments
Topic: VGLT, I'm down 19% - stay the course? [Vanguard Long-Term Treasury ETF]
Replies: 54
Views: 5034

Re: VGLT, I'm down 19% - stay the course?

If you don't plan to use the bonds for the funds stated duration then stay the course. If you need cash from that fund in the next 1-15 years then that was not the fund to match your duration.

Average duration
17.6 years
by jason2459
Thu May 05, 2022 9:31 pm
Forum: Investing - Theory, News & General
Topic: Bonds: What Are They Doing? Are They Doing Things?? Let's Find Out!
Replies: 2297
Views: 258110

Re: Bonds in free fall

nisiprius wrote: Tue Feb 16, 2021 6:53 pm You find this alarming?

Source

Image
That nope.


This has become interesting though if you look at that source again now.
by jason2459
Wed May 04, 2022 3:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

jason2459 wrote: Tue May 03, 2022 10:40 pm
Forester wrote: Tue May 03, 2022 10:33 pm Strongly feel that SPX will revisit 3,500 this year. Why? Unfinished business. The S&P rose too quickly, unjustifiably so and consider the nonsense happening at the same time, Bill Hwang meme stocks digital coins etc etc. It's not likely at all that the S&P will drift around 4,100 to 4,400 for a year before deciding to jump to 5,000+ and make new highs.
So, UPRO it is then. Thanks for the tip. :sharebeer
Well dang! :moneybag
by jason2459
Tue May 03, 2022 10:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

Forester wrote: Tue May 03, 2022 10:33 pm Strongly feel that SPX will revisit 3,500 this year. Why? Unfinished business. The S&P rose too quickly, unjustifiably so and consider the nonsense happening at the same time, Bill Hwang meme stocks digital coins etc etc. It's not likely at all that the S&P will drift around 4,100 to 4,400 for a year before deciding to jump to 5,000+ and make new highs.
So, UPRO it is then. Thanks for the tip. :sharebeer
by jason2459
Tue May 03, 2022 10:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

Ah thank you very much... Guess Bogle wasn't a Boglehead.... Although when you have $80 million at 86, it really doesn't matter that much what you do. Well, he still cared about keeping ERs low. That was his main point I think. That Fox Business guy who talked about his 50/50 portfolio is kind of a jerk. Did it hit a bit too close to home, Homer? :twisted: That was just a random article I had found via web searches for your last query on this subject. I do not necessarily endorse the author's views. 8-) Cost Matter Hypothesis was his mantra and hoped that term would catch on like efficient market hypothesis which he didn't believe impacted low cost index funds if EMH was true or not true. Also, as for market timing, he wouldn't have called...
by jason2459
Tue May 03, 2022 8:25 pm
Forum: Personal Investments
Topic: Backdoor roth 2022
Replies: 6
Views: 1427

Re: Backdoor roth 2022

I was hesitant at first and paused after tax contributions and IRA contributions till things either became more clear or more clear it wasn't happening first half this year and by that point would have a much lower chance of being retroactive.

I started back up all fundings again in March. I personally feel safe right now and it is still legal.
by jason2459
Mon May 02, 2022 2:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685298

Re: U.S. stocks in free fall

Just call me Dori.

Just keep buying
Just keep buying
Just keep buying
Buying
Buying
What do we do
We buy buy....


And forget the rest