Search found 14 matches
- Sun Jan 17, 2021 9:42 pm
- Forum: Personal Investments
- Topic: Where to buy ethereum without providing SSN
- Replies: 30
- Views: 3778
Re: Where to buy ethereum without providing SSN
Usually buying crypto isn't the problem, its the selling part that requires the SSN. The tax man cometh!
- Sat Jan 09, 2021 3:50 pm
- Forum: Investing - Theory, News & General
- Topic: If we cannot predict future and if past results are not a reliable predictor of future...
- Replies: 68
- Views: 4648
Re: If we cannot predict future and if past results are not a reliable predictor of future...
While we can't predict future, there's an underlying assumption that both equities and bonds go up over time. If this doesn't hold then Boglehead portfolios don't work. Although one does have to take a stern look at the current state of bonds with 10 year yields 1% or less and question whether the ...
- Sat Jan 09, 2021 3:48 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla becomes most valuable car company in the world
- Replies: 385
- Views: 35594
Re: Tesla becomes most valuable car company in the world
One case for Tesla being a bubble: Musk merely had to recommend Signal to his fans and the share price of an unrelated company called Signal Advance went up 1200% simply because it has a similar name. Same thing happened in 2020 with Zoom. Some unrelated stock with Zoom in its name also skyrocketed...
- Sat Jan 09, 2021 3:45 pm
- Forum: Investing - Theory, News & General
- Topic: Tesla becomes most valuable car company in the world
- Replies: 385
- Views: 35594
Re: Tesla becomes most valuable car company in the world
I'm ready to buy some put options on TSLA, but I've said that before and thankfully never followed through. Maybe this time will be different? I did, and the price has run up another $200 since. lol. However, I did play this same game back in Jan-Feb and make a thousand when COVID caused everything...
- Sat Jan 09, 2021 3:40 pm
- Forum: Investing - Theory, News & General
- Topic: Do you have FOMO (Bitcoin, TSLA, whatever?)
- Replies: 201
- Views: 12668
Re: Do you have FOMO (Bitcoin, TSLA, whatever?)
I invested in both Bitcoin and TSLA and I am mad that I did not invest more. If I invested more (and I had the money) I would be living in a mansion right now. So you have to realize that you will never be happy and occupy yourself with other things. It's like FOMO-squared. I had FOMO back in 1999 ...
- Sat Jan 09, 2021 3:36 pm
- Forum: Investing - Theory, News & General
- Topic: Which fixed income would do better during inflation?
- Replies: 8
- Views: 849
Re: Which fixed income would do better during inflation?
real yields are so low on both. Why not take a stab at preferred shares? They aren't quite fixed income, but pretty close since they act more like bonds.
- Sun Jan 03, 2021 2:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: What is the Worst Financial Decision/Mistake You Have Made?
- Replies: 230
- Views: 18351
Re: What is the Worst Financial Decision/Mistake You Have Made?
Getting married. love that one, lol. Also, I live near a few marinas and I see tons of boats that easily cost 100s of thousands of dollars that stay wrapped up all year long in a dry dock field. I can only imagine what the ongoing costs to store, insure and perform any maintenance costs on those ar...
- Sat Jan 02, 2021 1:02 pm
- Forum: Investing - Theory, News & General
- Topic: 7% return in the markets
- Replies: 120
- Views: 13702
Re: 7% return in the markets
however, with a 6.6% return we are at the "most expensive" valuations in history? Basically no matter what ratio you quote and look at, the answer is yes. Can anyone find a ratio that says we aren't overvalued? I have seen some marginal things based on the interest rate, but the arguments...
- Sat Jan 02, 2021 1:00 pm
- Forum: Investing - Theory, News & General
- Topic: [Maxing out your IRA and other things to do on January 1st]
- Replies: 172
- Views: 14300
Re: [Maxing out your IRA and other things to do on January 1st]
Way too much emphasis is centered on Roth accounts when only people in the lowest tax bracket will actually benefit from them.
Tax rates could double and the Traditional IRA is still better
Tax rates could double and the Traditional IRA is still better
- Fri Dec 18, 2020 2:23 pm
- Forum: Personal Investments
- Topic: Short Tesla?
- Replies: 93
- Views: 6619
Re: Short Tesla?
So who’s willing to go anti- Boglian to the max and do the obvious. Market capitalization of 562 billion with p.e. of 1,134!! I own a Tesla, but this is unsustainable. When it bursts fortunes will be made. So many people including famed investors have gotten squeezed by TSLA. TravelforFun I actuall...
- Fri Dec 18, 2020 2:20 pm
- Forum: Personal Investments
- Topic: Roth IRA - Help Please
- Replies: 7
- Views: 538
Re: Roth IRA - Help Please
Unfortunately this doesn't convert your rates to singles filing. I don't want to get married for the tax burden since both I and my partner are high income earners.niagara_guy wrote: ↑Fri Dec 18, 2020 1:54 pm Would filing as "married filing separately" be an option?
- Fri Dec 18, 2020 2:19 pm
- Forum: Personal Investments
- Topic: Roth IRA - Help Please
- Replies: 7
- Views: 538
Re: Roth IRA - Help Please
You make a good amount of money. You are probably leaving money on the table by not using a traditional 401k/IRA anyway.
- Fri Dec 18, 2020 2:17 pm
- Forum: Investing - Theory, News & General
- Topic: Bitcoin @ 23K, why am I anti-Bitcoin?
- Replies: 404
- Views: 20128
Re: Bitcoin @ 23K, why am I anti-Bitcoin?
I don't know about other autobuys sites, but I refuse to use coinbase because of their insane fee structure. Basically they were the first mover in the USA and so can command the high fees.
- Fri Dec 18, 2020 11:25 am
- Forum: Personal Investments
- Topic: Should one stop playing the game?
- Replies: 40
- Views: 4071
Re: Should one stop playing the game?
By my late 60's I had reached or exceeded my number (won) and couldn't decide what allocation going forward made sense. I put enough in "safe" fixed income to fund retirement to age 90 and ended up with a 45/55 allocation. I'm not trying to maximize the size of my portfolio (run up the sc...