Search found 236 matches

by HenryPorter
Thu Oct 15, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: Big Mac Index and Bogleheaders' Thoughts on it
Replies: 41
Views: 2957

Re: Big Mac Index and Bogleheaders' Thoughts on it

Is it in order to propose another index, the Starbucks one? I've got an idea. How about we have a group of intelligent, highly trained people track the prices of a large basket of the goods and services that consumers collectively spend most of their money on. Oh, wait... :wink: Becky Index
by HenryPorter
Thu Oct 15, 2020 10:13 am
Forum: Investing - Theory, News & General
Topic: Big Mac Index and Bogleheaders' Thoughts on it
Replies: 41
Views: 2957

Re: Big Mac Index and Bogleheaders' Thoughts on it

Is it in order to propose another index, the Starbucks one? I have noticed that the price of a cup of plain old Starbucks coffee has had a consistent price all over the contiguous USA. I have not bought one for a while, but last I remember it was approximately $2. Is the fluctuating coffee wholesale...
by HenryPorter
Fri Sep 25, 2020 9:52 pm
Forum: Investing - Theory, News & General
Topic: Things to know when buying Individual Foreign Stock on US Exchange
Replies: 27
Views: 1207

Re: Things to know when buying Individual Foreign Stock on US Exchange

Look to see if the brokerage charges a high commission to buy/sell the stock. I looked on Fidelity a few weeks ago out of interest to buy a Canadian stock. Commission was unusually high from what I remembered. Guess the zero commission cost thing that is widespread/standard now for US stocks and ET...
by HenryPorter
Fri Sep 25, 2020 8:21 pm
Forum: Investing - Theory, News & General
Topic: Things to know when buying Individual Foreign Stock on US Exchange
Replies: 27
Views: 1207

Re: Things to know when buying Individual Foreign Stock on US Exchange

Look to see if the brokerage charges a high commission to buy/sell the stock. I looked on Fidelity a few weeks ago out of interest to buy a Canadian stock. Commission was unusually high from what I remembered. Guess the zero commission cost thing that is widespread/standard now for US stocks and ETF...
by HenryPorter
Sun Sep 20, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: Is there an easy way to figure out the cumulative dividend payouts for a mutual fund since its inception?
Replies: 5
Views: 440

Re: Is there an easy way to figure out the cumulative dividend payouts for a mutual fund since its inception?

I think that some of the "performance to date" tools use total return and others use only price. Finding one of each and comparing results should provide that information. Yahoo Finance has an adjusted price column. I think that is what I was looking for actually. If you take the difference of VGST...
by HenryPorter
Sun Sep 20, 2020 5:39 pm
Forum: Investing - Theory, News & General
Topic: Is there an easy way to figure out the cumulative dividend payouts for a mutual fund since its inception?
Replies: 5
Views: 440

Is there an easy way to figure out the cumulative dividend payouts for a mutual fund since its inception?

Trying to see how much money a mutual fund has paid out since its inception cumulatively. The one I am interested in is the Vanguard STAR fund, VGSTX. I can run the portfolio visualizer output on it and see how much the share price has grown since 1985. I can use Yahoo Finance to look at a table of ...
by HenryPorter
Thu Sep 17, 2020 10:31 pm
Forum: Personal Investments
Topic: I need help in selecting a bond fund
Replies: 20
Views: 2073

Re: I need help in selecting a bond fund

Here is a link for a bond and SP500 table of data since 1927:

http://people.stern.nyu.edu/adamodar/pc ... tretSP.xls

I look at it from to time to see how much bonds have been a distant runner up to stocks.
by HenryPorter
Wed Sep 16, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: The Fed, Snowflake, and Stocks
Replies: 53
Views: 5866

Re: The Fed, Snowflake, and Stocks

So, is this reminiscent of Netscape's IPO?
by HenryPorter
Fri Sep 11, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 198
Views: 20324

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Is it only during market hours that you can see the fractional trading window? I logged into my Fidelity account and can not see a fractional trade option as of 10pm.
by HenryPorter
Sun Aug 23, 2020 9:59 pm
Forum: Investing - Theory, News & General
Topic: A Plea for Ordinary English
Replies: 128
Views: 10109

Re: A Plea for Ordinary English

I'd really like an explanantion for Poisson distribution actually. Explain like I am 5.
by HenryPorter
Thu Aug 06, 2020 11:15 pm
Forum: Investing - Theory, News & General
Topic: Malkiel: Preferred and High-Dividend Stocks are "Bond Substitutes"
Replies: 36
Views: 3013

Re: Malkiel: Preferred and High-Dividend Stocks are "Bond Substitutes"

Where would corporate bonds fit into this scenario? The yields are better than government bonds and perhaps companies can declare bankruptcy but I would hope that most bond funds would have allowances for that and offset it with yields?
by HenryPorter
Tue Aug 04, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Interested in maybe a new career in teaching local people basics about investing
Replies: 1
Views: 411

Interested in maybe a new career in teaching local people basics about investing

Just throwing it out here for advice. I am interested in finding some kind of employment situation where I would act like a coach to people who never invested before and want to get started or may want to learn more information about it. This is something I would want to do in a few years from now. ...
by HenryPorter
Fri Jul 24, 2020 12:41 am
Forum: Investing - Theory, News & General
Topic: Purchasing an ETF Via Robinhood Vs Brokerage
Replies: 10
Views: 739

Re: Purchasing an ETF Via Robinhood Vs Brokerage

If it is a one and done kind of ETF transaction ( -ie- you buys X amount of shares and hold forever-ish) then Robinhood would be as good as any other brokerage IMHO. The thing I do not like about Robinhood is its statements setup and account history and tax documentation. I have a small account with...
by HenryPorter
Thu Jun 25, 2020 5:54 pm
Forum: Investing - Theory, News & General
Topic: Inflation since 1209
Replies: 31
Views: 2753

Re: Inflation since 1209

Inflation during the Civil War in the south was cumulatively over 5,000%; one year it was over 800%. In the end, not even gold had value, as peas and pork were what was in demand when Richmond fell. (At least my Judah Benjamin $2 bills and my bonds have value again as collector's items.) I was goin...
by HenryPorter
Mon Jun 15, 2020 7:18 pm
Forum: Investing - Theory, News & General
Topic: Hertz (bankrupt) may issue new stock
Replies: 80
Views: 7279

Re: Hertz (bankrupt) may issue new stock

Hertz looking into and getting the greenlight to issue more stock due to its stock price getting traded immediately reminded of the days of Charlie Sheen and his "winning" phrase phase. His commentary launched him into demand so much he went on some kind of tour all based on him saying things like t...
by HenryPorter
Sun Jun 07, 2020 9:02 am
Forum: Investing - Theory, News & General
Topic: Private Equity Gets a Big Win With U.S. Nod to Tap 401(k) Plans
Replies: 65
Views: 5351

Re: Private Equity Gets a Big Win With U.S. Nod to Tap 401(k) Plans

I'd rather have my 401k be within a Fidelity brokerage account where I could buy fractional shares of stocks or ETFs vs. the dozen or so mutual funds my over-priced 401k plan offers. But no.
by HenryPorter
Sat Jun 06, 2020 8:32 am
Forum: Personal Consumer Issues
Topic: Selling gold bullion
Replies: 27
Views: 2504

Re: Selling gold bullion

Has the seller tried local coin shops to sell? If so and they are undercutting them on spot price still, try a site like this next to investigate: https://old.reddit.com/r/Pmsforsale/ I have no personal dealing with it but the seller may be able to arrange local exchanges for an agreed upon price th...
by HenryPorter
Tue Jun 02, 2020 2:14 pm
Forum: Investing - Theory, News & General
Topic: Is Buying Fractional Shares a Great Thing??
Replies: 31
Views: 2820

Re: Is Buying Fractional Shares a Great Thing??

It is a big deal for new investors who otherwise couldn't afford full shares of popular stocks like AMZN or GOOG, or even VTI. The evolution of owning stocks and bonds went from high commissions and account minimums to zero commissions and ultra low minimum buy-ins ala fractional shares. I used to ...
by HenryPorter
Mon May 25, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: Jeremiah B. says to buy gold and silver
Replies: 29
Views: 1773

Re: Jeremiah B. says to buy gold and silver

potentially see another Great Depression stocks drop 90% before we rebuild? Look into purchasing shares of SH, PSQ, or DOG potentially. They are ETFs that go up in price when the market index goes down. They are 1x inverse ETFs for the S&P 500, Nasdaq, and Dow Jones Industrial Average respectively....
by HenryPorter
Wed May 13, 2020 2:46 pm
Forum: Investing - Theory, News & General
Topic: Gold - Price over Spot
Replies: 18
Views: 1594

Re: Gold - Price over Spot

Go to EBAY and look at what it's actually selling for- that's the real price. Spot gold as of this writing? $1702.00. Price to buy one on EBAY? $1990.00+. So it's closing in on a $300.00 premium. What is the seller's fee on Ebay also? Is it 10% for precious metals? That knocks the ~$2000 price to $...
by HenryPorter
Wed May 06, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: Gold - Price over Spot
Replies: 18
Views: 1594

Re: Gold - Price over Spot

Buy the GLD and GDX exchange traded funds to scratch the gold itch. I gave up on physical silver long ago when I found out you seldom get back the premium you paid for the ounces bought ( including the sales tax too). Also, silver trades in a range between low teens price and ~ $20. It is a long gam...
by HenryPorter
Thu Apr 30, 2020 9:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will be moving their mail operations to El Paso in the future
Replies: 48
Views: 8001

Re: Vanguard will be moving their mail operations to El Paso in the future

So does this address change mean that down the road when I roll over my 401k to Vanguard, I am having the check mailed to El Paso?
by HenryPorter
Thu Apr 30, 2020 4:39 pm
Forum: Personal Investments
Topic: How to invest in a Roth, 401k, traditional IRA when income gets cut?
Replies: 2
Views: 280

How to invest in a Roth, 401k, traditional IRA when income gets cut?

Is there a calculator online that I can tabulate a good approximation as to how much I should contribute to a traditional IRA and Roth IRA along with HSA and 401k contributions? I will have a reduced income this year and not sure how 2020 gross income will add up too ( vs. prior years where income w...
by HenryPorter
Mon Apr 13, 2020 8:15 pm
Forum: Investing - Theory, News & General
Topic: My theory about FIRE
Replies: 419
Views: 31694

Re: My theory about FIRE

John Goodman summarized it well in 'The Gambler' [ note: NSFW reference]
by HenryPorter
Sat Apr 11, 2020 12:03 am
Forum: Investing - Theory, News & General
Topic: Is there a theoretical chart constructed for a 60/40 AA for the past 2000 years?
Replies: 30
Views: 2213

Is there a theoretical chart constructed for a 60/40 AA for the past 2000 years?

Stock prices can be charted back to approximately the late 1800's I believe. Interest rates can be charted back further, say to the AD 1200's? Now, has anyone constructed a theoretical chart based on hypothetical equity in companies and bonds over the past 2000 years? There are glaring gaps in produ...
by HenryPorter
Sat Apr 04, 2020 10:36 pm
Forum: Personal Investments
Topic: How is the employer match for a Roth 401k handled after a rollover?
Replies: 1
Views: 220

How is the employer match for a Roth 401k handled after a rollover?

I had a Roth 401k rollover in 2019 and one in 2020. Rolled over to a Vanguard Roth IRA account for the first and a Fidelity Roth IRA for the second. Something I glossed over is the company match and the taxability of the match per each Roth 401k. Was the match amount actually added to my gross incom...
by HenryPorter
Thu Apr 02, 2020 4:47 pm
Forum: Investing - Theory, News & General
Topic: The lost era of the 1960's to early 1980's. How did investing work and not work back then?
Replies: 25
Views: 2486

Re: The lost era of the 1960's to early 1980's. How did investing work and not work back then?

I am slightly familiar with the time frame often described as a lost era for investing, the 1960's to early 1980's. The market went sideways basically in nominal prices whereas inflation ramped up. What can we learn from that era without delving into political discourse? Would an individual been be...
by HenryPorter
Thu Apr 02, 2020 4:36 pm
Forum: Investing - Theory, News & General
Topic: The lost era of the 1960's to early 1980's. How did investing work and not work back then?
Replies: 25
Views: 2486

The lost era of the 1960's to early 1980's. How did investing work and not work back then?

I am slightly familiar with the time frame often described as a lost era for investing, the 1960's to early 1980's. The market went sideways basically in nominal prices whereas inflation ramped up. What can we learn from that era without delving into political discourse? Would an individual been bet...
by HenryPorter
Thu Apr 02, 2020 4:16 pm
Forum: Investing - Theory, News & General
Topic: Book suggestions for a 16 year old
Replies: 47
Views: 2255

Re: Book suggestions for a 16 year old

The Andrew Tobias book "The Only Investment Guide You'll Ever Need" is very good. I recently read the older edition from circa 2000 or earlier and the info was not too stale in it. The newer edition might incorporate the stock market results from 2000-2002 and 2008 - 2009 maybe. If you like technica...
by HenryPorter
Thu Apr 02, 2020 4:01 pm
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 19477

Re: Is the coming pain really "priced in"?

Good analysis. The only thing I would add is that the virus is likely to become less sever not more deadly. Being lethal is a real big problem for a virus. By being lethal, the virus kills its host, kills itself and does not propagate. Most viruses want to be as mild as possible and as undetectable...
by HenryPorter
Thu Apr 02, 2020 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can you reimburse yourself w/ an HSA for partial amount of bill?
Replies: 2
Views: 163

Re: Can you reimburse yourself w/ an HSA for partial amount of bill?

...as long as you can provide receipts of out of pocket payment, you can always take any dollar amount out of the HSA as long as the amount does not exceed the medical bill... This ^is most of the answer. The missing part is that the HSA had to have been opened when the medical service was received...
by HenryPorter
Thu Apr 02, 2020 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can you reimburse yourself w/ an HSA for partial amount of bill?
Replies: 2
Views: 163

Can you reimburse yourself w/ an HSA for partial amount of bill?

Is there any restrictions on using an HSA to reimburse yourself a partial amount of a medical bill paid out of pocket initially? For example, if the medical bill is $10,000 and is paid with monthly installments on a credit card at $200/month, can you choose to utilize maybe a $100 out of the HSA for...
by HenryPorter
Fri Mar 27, 2020 11:36 pm
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12629

Re: There Is No Gold

I have three stacks of silver coins. I might sell two of them. A couple of the coins have a little tarnish on them, most are mint condition. Do I need to clean them before selling? Sell them on eBay? Or fb marketplace? I live in a condo so could do the transaction under security camera in our lobby...
by HenryPorter
Thu Mar 26, 2020 12:07 am
Forum: Investing - Theory, News & General
Topic: There Is No Gold
Replies: 160
Views: 12629

Re: There Is No Gold

Premiums are far above 10% at this point. Yeah, something does not add up. I periodically look at Apmex price quotes for gold Eagles. The premiums on buying a few was not that far below 10% the past months. Not even sure why the premiums are even merited talking about compared to spot. Right now, s...
by HenryPorter
Mon Mar 23, 2020 8:28 am
Forum: Investing - Theory, News & General
Topic: Time to Sell tax-defer & buy in Roth
Replies: 9
Views: 621

Re: Time to Sell tax-defer & buy in Roth

So, you are not describing a Roth conversion, are you?
by HenryPorter
Sat Mar 21, 2020 11:28 pm
Forum: Investing - Theory, News & General
Topic: Do we now have until 07/15/2020 to complete 2019 IRA contributions?
Replies: 1
Views: 332

Do we now have until 07/15/2020 to complete 2019 IRA contributions?

I still have not reached my 2019 IRA contribution limit. Now that the tax deadline has been extended 3 months, does that go for IRA contributions also?
by HenryPorter
Fri Mar 20, 2020 11:44 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 514
Views: 50812

Re: Who's buying today? where's all the "dry powder" folks at? :)

I just bought VTI and VXUS Is the yield on VTI actually close to 2.97% according to dividend.com ? Yahoo Finance has the yield at 1.93% . Perhaps they have not updated it, which seems unusual. They update yields for stocks constantly. Maybe they don't bother as much for ETFs? Anyway, a near 3% yiel...
by HenryPorter
Thu Mar 05, 2020 11:04 pm
Forum: Investing - Theory, News & General
Topic: Be fearful when others are greedy. Be greedy when others are fearful.
Replies: 129
Views: 9289

Re: Be fearful when others are greedy. Be greedy when others are fearful.

Using these down days to dollar cost average a Roth conversion for a traditional IRA. Something I wish I did in 2009 but I had other things going on and was not really focused on the market.
by HenryPorter
Tue Mar 03, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: 2.5% spike in one minute?
Replies: 13
Views: 1391

Re: 2.5% spike in one minute?

Fed cut rates by half a point.
by HenryPorter
Sun Feb 16, 2020 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have to take a capital loss for the year it happened or can I defer it?
Replies: 3
Views: 418

Do I have to take a capital loss for the year it happened or can I defer it?

I have a small capital loss from a 2019 stock sale. I'd rather postpone it for the 2020 tax year or next. Is that allowed by IRS rules?
by HenryPorter
Thu Feb 06, 2020 11:08 am
Forum: Investing - Theory, News & General
Topic: Did Vanguard remove the chart that shows graphed balances?
Replies: 3
Views: 356

Re: Did Vanguard remove the chart that shows graphed balances?

no, it's still there. There are two ways to access the performance chart, and only one of them will graph cumulative contibutions. That one is also the one where you can pick and choose the accounts to be included in the graph. The chart with cumulative contributions can be accessed by: My Accounts...
by HenryPorter
Thu Feb 06, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: Did Vanguard remove the chart that shows graphed balances?
Replies: 3
Views: 356

Did Vanguard remove the chart that shows graphed balances?

I use to be able to create a chart on Vanguard that shows total account balances on a graph overlapped over principal invested for same time frame. You could select an IRA account solely or non-IRA or combination, etc. and a chosen time frame. Now the graph is not findable. Did Vanguard remove that ...
by HenryPorter
Mon Dec 30, 2019 11:46 pm
Forum: Investing - Theory, News & General
Topic: Do CDs *ever* keep up with inflation?
Replies: 66
Views: 4691

Re: Do CDs *ever* keep up with inflation?

Do CDs ever keep up with inflation? When a bank issues a new CD, does it consider the rate of inflation? If so, does it try to set the interest rate below or above the expected inflation rate? Really depends on how much the bank needs to raise for cash? The banks here pay 1% for a 12 month CD. I ch...
by HenryPorter
Sun Dec 22, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 28369

Re: Tax Law Changes for 2020

Honestly, I am having a hard time getting worked up over the stretch IRA changes. And, my family will be affected just like any other familly. DW and I will probably be holding IRA assets at our death. But, for goodness sakes, DW and I have had decades of tax deferral. Why should my children and/or...
by HenryPorter
Sat Dec 21, 2019 2:15 pm
Forum: Personal Investments
Topic: HSA
Replies: 8
Views: 1314

Re: HSA

Hello. Many people have talked about HSA. Will someone explain in simple terms how this works as an investing tool? Many have talked about using Fidelity. Is this available to everyone? Is it taken pretax? Am I understanding correctly that this money can be withheld pretax for medical spending but ...
by HenryPorter
Thu Dec 12, 2019 10:40 am
Forum: Investing - Theory, News & General
Topic: Physical Silver VS SLV
Replies: 40
Views: 3292

Re: Physical Silver VS SLV

What are the advantages of owning physical silver bars that are allocated, assayed and stored in a vault with a major investment firm vs owning a silver ETF such as SLV? How easy is it to sell physical silver bars with an investment firm? Silver prices can go sideways for very long times. That and ...
by HenryPorter
Tue Dec 10, 2019 1:46 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says 30 years Roth IRA to 1.3 million?
Replies: 239
Views: 21998

Re: Dave Ramsey says 30 years Roth IRA to 1.3 million?

I catch Dave's show every now and then on the radio. It is more entertainment for me than anything. I would love to hear a panel discussion between him and Clark Howard and Ric Edelman on the topics of debt and investing. I don't think that could ever be made to happen.