Search found 2331 matches

by arcticpineapplecorp.
Tue Dec 12, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Beneficiary IRA & Investing?
Replies: 4
Views: 315

Re: Question about Beneficiary IRA & Investing?

sorry to hear about your situation. Couple other things worth mentioning: 1. If your income is only $10,000 for the whole year you wouldn't owe income taxes considering you get a $6350 standard deduction and a $4000 exemption provided no one is claiming you as a dependent. That wipes out the first $...
by arcticpineapplecorp.
Tue Dec 12, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 41
Views: 1740

Re: Play money individual stocks, which ones?

GM is perhaps the best most recent large company (even better than ENRON) to learn why investing in individual stocks is unwise (if you want to replace that word with "risky" feel free. I mean no offense). Why? We know that when a company goes out of business, stock holders lose everything (Enron). ...
by arcticpineapplecorp.
Sun Dec 10, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Need to invest adult siblings trust money
Replies: 25
Views: 1789

Re: Need to invest adult siblings trust money

Again, I guess one of my first replies did not go through. Both have very small incomes as they receive SSI and SSdi, so even a small monthly payment will help. regarding the sibling on SSI (not RSDI) does the social security administration know about these trusts? The reason I ask is that SSI reci...
by arcticpineapplecorp.
Sun Dec 10, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 3772

Re: Buying index funds is just as speculative as buying Bitcoin

That's funny, I don't remember the total stock market indexes falling 61% in one day like bitcoin (April 10, 2013) do you? That's funny, I don't remember the toal stock market indexes falling 33% in one day not once but twice like bitcoin (March 6 and March 11, 2013) do you? That's funny, I don't re...
by arcticpineapplecorp.
Sun Dec 10, 2017 6:59 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 2980

Re: 2000-09 worst decade for large cap stocks in 109 years

I believe the point intended was, that if you use the chart that you provided, and change the starting date of that chart back to the Summer of 1996 when Shiller wrote what he said (the paper was on July 21, 1996), you get this... https://farm5.staticflickr.com/4642/38966221891_963033d0e8_o.jpg A n...
by arcticpineapplecorp.
Sat Dec 09, 2017 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Need to invest adult siblings trust money
Replies: 25
Views: 1789

Re: Need to invest adult siblings trust money

welcome to the forum. need to know the ages of the siblings (life expectancy) and does the trust need to last for their entire lives or not? A managed payout fund is assumed the person is at retirement age so a 4% target withdrawal is set (source: https://investor.vanguard.com/mutual-funds/managed-p...
by arcticpineapplecorp.
Sat Dec 09, 2017 10:15 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 2980

Re: 2000-09 worst decade for large cap stocks in 109 years

My point is NOT the logic behind it, but the fact so many folks seemed like they were in the midst of that time period jumping up and down thanking God the market was flat during that time. How many folks do you know during that time were jumping up and down and using that quote. Can we do a search...
by arcticpineapplecorp.
Sat Dec 09, 2017 8:16 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 2980

Re: 2000-09 worst decade for large cap stocks in 109 years

Sounds like the "best buying opportunity to me" :happy beat me to it. ^This. If you're buying stocks do you want the price to rise or fall (read closely...the question was "buying" stocks, not "selling" stocks)? Of course you want the prices to fall. 40% decline (2000-2002) and 50% decline (2007-20...
by arcticpineapplecorp.
Sat Dec 09, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: This close to withdrawing 27K...
Replies: 6
Views: 1753

Re: This close to withdrawing 27K...

If it is in a retirement account, why is it sitting in a money market account? You say it's only made $2.05 this year but it easily could have made $4000 in a low risk index fund . Sorry, have to take issue with this statement. Here's why: A $4000 gain on a $27,000 investment is a 14.8% return. Tha...
by arcticpineapplecorp.
Sat Dec 09, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 69
Views: 7957

Re: Just not getting it

I very much enjoyed Emily's post as well. I don't believe it was intended as a gotcha moment but rather to remember what we often forget...that is, how we felt or thought in the past. That can help put things in perspective as I believe it has. I believe you're suffering from two things: 1. recency ...
by arcticpineapplecorp.
Sat Dec 09, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: Home Security Camera: Post a Warning Sign or Not?
Replies: 20
Views: 2330

Re: Home Security Camera: Post a Warning Sign or Not?

I lived in questionable neighborhoods for a long time without fear of someone breaking into my home. Indeed there was a double homicide next door, and most of the crime was related to violence and not theft. It wasn't until I moved into a nice suburban neighborhood that theft and break ins become r...
by arcticpineapplecorp.
Sat Dec 09, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: 2000-09 worst decade for large cap stocks in 109 years
Replies: 44
Views: 2980

Re: 2000-09 worst decade for large cap stocks in 109 years

Sounds like the "best buying opportunity to me" :happy beat me to it. ^This. If you're buying stocks do you want the price to rise or fall (read closely...the question was "buying" stocks, not "selling" stocks)? Of course you want the prices to fall. 40% decline (2000-2002) and 50% decline (2007-20...
by arcticpineapplecorp.
Sat Dec 09, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Re: Where to buy a Vanguard hat? An Update and good news
Replies: 110
Views: 17673

Re: Where to buy a Vanguard hat? An Update and bad news

This is a link to the PDF I just received from Connie. https://www.dropbox.com/s/d2xkvxrzw5vmpbm/The%20Chandlery%20Ad.pdf?dl=0 I just placed an order for a couple of Bistro Mugs and the tan hat posted earlier in this thread (not on the flyer and in short supply as it was a limited run ). The order ...
by arcticpineapplecorp.
Tue Dec 05, 2017 8:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4788

Re: Larry Swedroe: Bitcoin & It’s Risks

thank you for posting it. that was one of the best yet concise articles I've read on the risks of bitcoin. Anyone considering speculating in the invisible stuff should definitely read that article beforehand.
by arcticpineapplecorp.
Tue Dec 05, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: CBOE to launch bitcoin futures trading on Dec 10, 2017
Replies: 12
Views: 819

CBOE to launch bitcoin futures trading on Dec 10, 2017

not sure if this has been posted (looked for it and didn't see it posted, hard to believe). feel free to merge or delete if it's already been posted. The CBOE is launching bitcoin futures market on Dec 10th (link below). So for those of you who don't want to buy or sell bitcoin, you can instead bet ...
by arcticpineapplecorp.
Sat Dec 02, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience with Medicaid ?
Replies: 41
Views: 2427

Re: What's your experience with Medicaid ?

6. Medicaid patients, as a general rule, tend to have the least respect for no-showing for scheduled appointments, and even surgical appointments. Such lack of respect can often lead to providers opting to no longer take Medicaid. 7. Medicaid is an extremely expensive program, paid via taxpayers. 8...
by arcticpineapplecorp.
Sat Dec 02, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5135

Re: How do I convince my employees to invest more?

I own a small business with 15 employees, most of them earning between $40K and $60K per year. I offer them a Simple-IRA with a 100% match up to 3% of their salary. The problem is that hardly any of them participate. Last year I only matched $6,300, up from $4,483 the year before. One thing you cou...
by arcticpineapplecorp.
Fri Dec 01, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is investing in the stock market just like investing in a house for appreciation?
Replies: 33
Views: 1288

Re: Is investing in the stock market just like investing in a house for appreciation?

Yes, but what about: if the stock prices go down, you have to wait until they go back up . With a house, you still get consistent cash flow during the period that you can actually use to invest in other things during that time? Doesn't this beat out stocks any time? Sorry if I missed reading it in ...
by arcticpineapplecorp.
Thu Nov 30, 2017 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 147
Views: 15039

Re: A good friend has nearly $1M in BitCoin what do I tell him?

Wakefield1 wrote:
Thu Nov 30, 2017 7:14 pm
He hasn't made his money until he has sold his BitCoins and realized a gain.
yes and cnbc is at least trying to let people know there will be capital gains if sold for a profit:

https://www.cnbc.com/2017/11/30/bitcoin ... ow-it.html
by arcticpineapplecorp.
Thu Nov 30, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Number Asked for use of POA by Credit Card Company
Replies: 14
Views: 1246

Re: Social Security Number Asked for use of POA by Credit Card Company

Why bother to close the account? Can't you just never use the card and shred it? yes to this. And over time the CC company will close this card due to inactivity. The only risk you run is that before the CC company closes the account due to inactivity, someone uses the CC number on the card fraudul...
by arcticpineapplecorp.
Wed Nov 29, 2017 8:13 pm
Forum: Personal Consumer Issues
Topic: Fidelity website down today, found website to check whether a site is down or not
Replies: 1
Views: 255

Fidelity website down today, found website to check whether a site is down or not

I read an article about Fidelity website being down today. They reported it was an internal technical problem, not malicious external situation. Anyway, I went to see if the site was still down and saw a link to check if the site was down or not and got the following link: www.isitdownrightnow.com/f...
by arcticpineapplecorp.
Wed Nov 29, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 147
Views: 15039

Re: A good friend has nearly $1M in BitCoin what do I tell him?

the amount he has could be changing very rapidly. So he may have had nearly $1M, but maybe not anymore (this happened today 11/29/17 and notice the parts in red): The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours af...
by arcticpineapplecorp.
Wed Nov 29, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Treatment of lump-sum for unused sick time
Replies: 10
Views: 861

Re: Treatment of lump-sum for unused sick time

You want to get the money (after tax) and then contribute it to an IRA? Couldn't you just assign it to your 401k (assuming you have one)? I work for state government and have a governmental 457b. We are allowed to dump our unused sick (up to a maximum amount) and annual leave through completion of a...
by arcticpineapplecorp.
Tue Nov 28, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 97
Views: 7835

Re: GE - a good value?

You are going to make me put effort in replying now - [(removed) --admin LadyGeek] . well now, thanks for the warm welcome. You are right with what you are saying (spoken like a true member of the Boglehead cult I say with a large hint of sarcasm)- being that not many beat the market consistently. ...
by arcticpineapplecorp.
Mon Nov 27, 2017 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 97
Views: 7835

Re: GE - a good value?

This thread is the perfect example why I really don't like to be active on this Forum. 70+% of the comments are too much black/white . Every non-boglehead post gets shot down instead of receiving positive feedback. I'd say it's more like 80%. :wink: Get the joke? If not, then you must have not hear...
by arcticpineapplecorp.
Sun Nov 26, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Gold?
Replies: 64
Views: 3802

Re: Gold?

i like this article by Ben Carlson called "A History of Gold Returns". I think it's well balanced and honest. Give it a read and see if your feelings about gold remain the same:

http://awealthofcommonsense.com/2015/07 ... d-returns/
by arcticpineapplecorp.
Sun Nov 26, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 134
Views: 8653

Re: Analysis Paralysis: Can you get to the bottom of things?

you will always find a better portfolio than the one you currently have designed. Here's 150 portfolios that are better than yours:

https://www.whitecoatinvestor.com/150-p ... han-yours/
by arcticpineapplecorp.
Sun Nov 26, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17364

Re: The fallacy of spending money on "experiences" vs hard assets

to each his/her own and great comments everyone. Only thing to add is I believe the Easterlin Paradox and Gilovich and Kumar's research found it's better to spend money on experiences than things: It’s counterintuitive that something like a physical object that you can keep for a long time doesn’t k...
by arcticpineapplecorp.
Sat Nov 25, 2017 9:12 am
Forum: Personal Consumer Issues
Topic: Should I keep the new iPad I bought or return it?
Replies: 51
Views: 3651

Re: Should I keep the new iPad I bought or return it?

to begin, why did you buy it? If you didn't have an idea why you wanted it, you weren't seeking it out, reviewing the features, etc. then it sounds like an impulse purchase. The next question is, do you do this with other things? If not fine. If yes, you might want to explore that unless you can aff...
by arcticpineapplecorp.
Fri Nov 24, 2017 5:41 pm
Forum: Investing - Theory, News & General
Topic: WSJ - Wall St. Predictions Wrong Again
Replies: 7
Views: 1536

Re: WSJ - Wall St. Predictions Wrong Again

an interesting post. thank you. i didn't read the article (paywall). I wonder if the prediction for the S&P500 in 12 months ahead came out on average to be +8% to 10% or something like that? If that's the case they're guessing 8% per year but not counting on wide annual dispersion of returns (some y...
by arcticpineapplecorp.
Fri Nov 24, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Social Security Question
Replies: 5
Views: 1076

Re: Social Security Question

this link at the SSA.gov is pretty cool. It shows you what percentages below or above your PIA (primary insurance amount) you qualify for based on your date of birth and normal retirment age and when you plan to take benefits (early or late compared with PIA). You can change it by month to see how i...
by arcticpineapplecorp.
Fri Nov 24, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 13698

Re: Jim Cramer doesn’t beat the market

Agreed, that's the only thing I ever bought that he recommended. I only watched for entertainment purposes but I did see his point about AAPL, that's why I bought. I've made a bundle. He also recommended SHLD (Sears Holdings) which is being run by one of his buddies, and also SUP (Superior Industri...
by arcticpineapplecorp.
Thu Nov 23, 2017 10:55 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 13698

Re: Jim Cramer doesn’t beat the market

I was using Enron as an example. I still contend that you should value your security holdings at their current value not what you paid for them. Do you include your securities in calculating your net worth? it was a good example, though. For starters very few saw it coming until it was too late (as...
by arcticpineapplecorp.
Thu Nov 23, 2017 10:38 pm
Forum: Personal Consumer Issues
Topic: Making collegebound Kid Financially Savvy Questions..
Replies: 49
Views: 2986

Re: Making collegebound Kid Financially Savvy Questions..

have her read this: https://www.etf.com/docs/IfYouCan.pdf and have a discussion with her about the concepts in the book. Specifically this part that Dr. Bernstein talks about regarding how conspicuous consumption is really the enemy of financial freedom: https://s2.postimg.org/6yn38qamx/Capture.jpg ...
by arcticpineapplecorp.
Thu Nov 23, 2017 10:25 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 13698

Re: Jim Cramer doesn’t beat the market

I’m curious when you say you've "made a bundle" does that mean you've sold all your Apple stock? Because if you're still holding it, then you haven't "made" anything. You only make money when you sell your shares for more than you've bought them. I know many say this but I think it is so wrong. If ...
by arcticpineapplecorp.
Thu Nov 23, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 8778

Re: Why does everyone keep increasing their international stock %?

Because the correct allocation is the one that approximates the market portfolio (which is about 55% international ), but there is still a lot of home bias that people are getting over. if vanguard's total world stock market index fund is any indication of the true capitalization of the world stock...
by arcticpineapplecorp.
Thu Nov 23, 2017 9:18 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 13698

Re: Jim Cramer doesn’t beat the market

Agreed, that's the only thing I ever bought that he recommended. I only watched for entertainment purposes but I did see his point about AAPL, that's why I bought. I've made a bundle. He also recommended SHLD (Sears Holdings) which is being run by one of his buddies, and also SUP (Superior Industri...
by arcticpineapplecorp.
Thu Nov 23, 2017 9:14 pm
Forum: Personal Consumer Issues
Topic: The Wolf of Wall Street
Replies: 33
Views: 4540

Re: The Wolf of Wall Street

Movies are for entertainment. Do you seriously think a movie about Bogle would pack the theaters? Index funds are boring..... Ask his victims if they feel entertained by him and his actions. And no, I don't think Bogle would sell out theaters unforunately. But if there's something I've learned from...
by arcticpineapplecorp.
Thu Nov 23, 2017 1:10 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 13698

Re: Jim Cramer doesn’t beat the market

I took his advice to buy AAPL in 2010, for that I am thankful. (Still holding). but what about others who upon his advice in 2009 waited to get into the market until the Dow reached 5000 (Cramer's notion of what the bottom was to be)? For those who would take his advice on that one, they'd still be...
by arcticpineapplecorp.
Thu Nov 23, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: The Wolf of Wall Street
Replies: 33
Views: 4540

Re: The Wolf of Wall Street

The google gives this description of the story: In 1987, Jordan Belfort (Leonardo DiCaprio) takes an entry-level job at a Wall Street brokerage firm. By the early 1990s, while still in his 20s, Belfort founds his own firm, Stratton Oakmont. Together with his trusted lieutenant (Jonah Hill) and a mer...
by arcticpineapplecorp.
Wed Nov 22, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Help Simplify
Replies: 4
Views: 540

Re: Help Simplify

I get the urge to simplify and here I am 6 bank accounts with reasonable amounts in each- low-mid 4 figures, low 5 figures 1) Bank 1 - The big C (used to be W) - 15 year old account - DW paycheck DD and one bill pay. Few CC payments. 2 branches within 5 minutes drive. Nationwide presence 2) Bank 2 ...
by arcticpineapplecorp.
Tue Nov 21, 2017 8:17 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 121
Views: 9623

Re: Larry Swedroe: Managing Risk With Factors

Welcome back Rick! Hope you're enjoying life. Just heard Roger Ibbotson on James Lange's Retire Secure podcast. He was talking about factors, mostly profitability. But what struck me the most was he said (paraphrasing) that the reason size (small) outperformed (in the past) was because of liquidity....
by arcticpineapplecorp.
Tue Nov 21, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Uber hacked - identities of 57 million exposed
Replies: 11
Views: 2166

Re: Uber hacked - identities of 57 million exposed

thanks. good to know. don't uber. but know people who do. Just fyi: Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world, the company told Bloomberg on Tuesday. The personal information of about 7 million drivers w...
by arcticpineapplecorp.
Tue Nov 21, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 97
Views: 7835

Re: GE - a good value?

OP What makes you believe that you know more than everyone else including Wall Street full time traders? What specifically you see that all of other people can not see? It's called anchoring. GE was once at $60, so it's easy to be led to believe that the "intrinsic" value of GE is just that. https:...
by arcticpineapplecorp.
Tue Nov 21, 2017 6:22 pm
Forum: Personal Consumer Issues
Topic: New car buyers...you should consider financing
Replies: 39
Views: 3249

Re: New car buyers...you should consider financing

another thing worth mentioning here is read the contract closely. Not only did the OP catch something there that was not disclosed but I'm assuming s/he saw there was no prepayment penalty (charge for paying off early without them earning interest). Those of you hoping to pay off a car loan early to...
by arcticpineapplecorp.
Tue Nov 21, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Quebec Winter Carnival
Replies: 4
Views: 416

Re: Quebec Winter Carnival

I haven't been there. Read a little about it, thought of going at one time. Have you seen the ice hotel? Wouldn't it be fun to stay there:

https://www.google.com/search?q=quebec+ ... fox-b-1-ab
by arcticpineapplecorp.
Tue Nov 21, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Domestic partnership benefits for health insurance
Replies: 25
Views: 1039

Re: Domestic partnership benefits for health insurance

Obamacare is when you purchase insurance on the exchanges. In order to qualify for Obamacare, you have to not be eligible for Medicaid. I disagree. While I doubt there is any legal "definition" of "Obamcare", I often see the term used (and use it myself) to include health insurance policies that co...
by arcticpineapplecorp.
Mon Nov 20, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my asset allocation?
Replies: 24
Views: 1627

Re: Thoughts on my asset allocation?

have you played around with portfoliovisualizer at all? www.portfoliovisualizer.com I entered your percentages and compared it to a three fund portfolio (also 85/15) and the results (from 1985 anyway) are here: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&fi...
by arcticpineapplecorp.
Mon Nov 20, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: BOTZ ETF
Replies: 6
Views: 602

Re: BOTZ ETF

holds just 29 stocks. That doesn't sound like enough diversification for me, but to each his/her own. In fact the prospectus classifies this as carrying "non-diversified risk" under the investment company act of 1940. Did you read the prospectus? It's interesting. There's a very long list of risks, ...