Search found 8 matches

by sixman
Fri Jan 31, 2020 9:42 pm
Forum: Investing - Theory, News & General
Topic: Do You Do Your Taxes by Hand? Reporter doing story
Replies: 119
Views: 8850

Re: Do You Do Your Taxes by Hand? Reporter doing story

I did mine by hand for about 10 years and finally switched to TurboTax recently. My dad has always done his by hand on a big card table in his basement, so I suppose it's an inherited taste. It would usually take me two Saturday mornings every March, but I only had W-2, interest and dividends, and o...
by sixman
Sat Jul 09, 2016 2:23 pm
Forum: Personal Consumer Issues
Topic: What to do around Vegas during Winter?
Replies: 21
Views: 2882

Re: What to do around Vegas during Winter?

I haven't been, but remembered seeing this travel article and thinking it would be a lot more fun than spending time in a casino: http://www.wsj.com/articles/a-las-vegas-day-trip-thats-totally-wild-1453404281 Here's another link to get you started - I'm sure Google can help with more. http://www.bir...
by sixman
Sat Jun 04, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: Move to Denver (Job) or stay in NoVA ?
Replies: 53
Views: 7158

Re: Move to Denver (Job) or stay in NoVA ?

I graduated from TJ many years ago and have spent time vacationing in CO but never lived there full time. My family moved from a beautiful, "high quality of life" area in northern CA with mediocre public schools to NoVa when I was in 6th grade. The difference in education and opportunity w...
by sixman
Thu Aug 08, 2013 7:30 pm
Forum: Investing - Theory, News & General
Topic: The Risk Shows Up? Pimco, BlackRock Seek to Bar Mtg Seizures
Replies: 16
Views: 1687

Re: The Risk Shows Up? Pimco, BlackRock Seek to Bar Mtg Seiz

I found this analysis of the situation interesting... http://dealbreaker.com/2013/08/mortgage-investors-dont-want-richmond-to-take-away-their-mortgages/ His bottom line: What do the mortgage investors deserve to be compensated for: their rights under the mortgage contract, which are basically “the h...
by sixman
Wed Jul 14, 2010 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tax tips for single, high income renters
Replies: 46
Views: 6794

Variable annuities

Jonathan Clements used to discuss variable annuities as a strategy for tax-deferral after you'd exhausted 401(k) before and after tax, IRAs, and I / EE bonds. Of course, finding an option that is (relatively) low-cost in the variable annuity market can be difficult. I'm in a similar circumstance to ...
by sixman
Tue Jul 15, 2008 8:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard GNMA (VFIIX) Fund & Risk
Replies: 8
Views: 2705

Market treats GNMA differently than FNMA

GNMA mortgage backed bonds trade at a premium to Fannie Mae and Freddie Mac issued bonds because of the explicit government guarantee. This premium varies over time and has been quite volatile in recent months with the bad news about Fannie and Freddie. Information regarding the credit situation at ...
by sixman
Sat Sep 08, 2007 12:44 pm
Forum: Investing - Theory, News & General
Topic: Why Care About Bond Volatility?
Replies: 3
Views: 1076

One reason to care...

The value of many bonds are affected by realized and implied interest rate volatility. If you own the Vanguard Total Bond Market or GNMA fund, you own bonds backed by residential mortgages. These bonds will decline in value as volatility rises (unlike a US Treasury note, for instance). The best way ...
by sixman
Tue May 01, 2007 10:39 pm
Forum: Investing - Theory, News & General
Topic: Covered Calls question
Replies: 39
Views: 13598

Norbert's observations are correct

I'd like add 2 points to Norbert's list of excellent observations... Realized volaltility (the chance the stock increases dramatically and you lose more than your call premium) is typically lower than implied volatility (the premium you receive), so someone writing covered calls may make a small pro...