Search found 2345 matches

by arcticpineapplecorp.
Sun Dec 17, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: M1 Finance - now Free. Great way to rebalance
Replies: 8
Views: 1097

Re: M1 Finance - now Free. Great way to rebalance

M1 Finance has announced that they are no longer charging for their investment platform. It is a very handy way to dollar cost average into a 3 Fund Portfolio (or any other portfolio of stocks and etfs) and always reinvesting dividends so that they are invested in your under-weighted/performing inv...
by arcticpineapplecorp.
Sun Dec 17, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

So thank you everyone who responded. Case closed. We'll have to see what happens to bitconnect. But if it shuts down it won't be because of me! On last suggestion, you might want to consider making of her a token Christmas gift in the form of: The Little Book of Common Sense Investing: The Only Way...
by arcticpineapplecorp.
Sun Dec 17, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

Looks like the topic has been pretty thoroughly covered, and I'm firmly in the camp of "not your circus, not your monkeys". But one other thought comes to mind. What might be the possible fallout if you reported the scheme, it was investigated, there was lots of noise in the news media (with names)...
by arcticpineapplecorp.
Sun Dec 17, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

I posted, rewrote and finally deleted my first post...then, well I'll just say it in an attempt to be diplomatic. If I were you I would really, really evaluate my life and focus on why I was attending a party that is hosted by such a miscreant in the first place. So you have an acquaintance/friend ...
by arcticpineapplecorp.
Sun Dec 17, 2017 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

You are definitely obligated to report what happens after the party here.... We are dying to know.... Do you mean if they come to me later and say "I should have listened to you. I lost it all"? That sort of thing? I'll keep you all posted if I hear anything in the future, but ponzi schemes can las...
by arcticpineapplecorp.
Sun Dec 17, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

Hi everyone. I was at a party tonight and the host mentioned she's having a bitcoin meeting coming up midweek at her house. I asked her about it (she didn't invite me once she knew my take on bitcoin) but she metioned it was bitconnect. I did some research of past boglehead posts here: https://www....
by arcticpineapplecorp.
Sun Dec 17, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

I posted, rewrote and finally deleted my first post...then, well I'll just say it in an attempt to be diplomatic. If I were you I would really, really evaluate my life and focus on why I was attending a party that is hosted by such a miscreant in the first place. So you have an acquaintance/friend ...
by arcticpineapplecorp.
Sun Dec 17, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

You should watch Bernie Madoff movie or series, the SEC investigated him 18 times and found nothing wrong. He’s turned in by his own two sons. yes, I was aware of that. that was one of my reluctances to get involved (would the sec act quickly/appropriately?). I guess I thought if I reported my susp...
by arcticpineapplecorp.
Sun Dec 17, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Re: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

surfstar wrote:
Sun Dec 17, 2017 1:01 am
Have her watch this:
https://www.youtube.com/watch?v=s6MwGeOm8iI

and listen to this:
https://www.thisamericanlife.org/radio- ... ake-up-now

unfortunately being gullible is not illegal
thanks for sharing. I love John Oliver. That was one of the best things I've seen on t.v. ever.
by arcticpineapplecorp.
Sun Dec 17, 2017 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?
Replies: 34
Views: 2631

Should I call the authorities to report a potential ponzi scheme (involving Bitconnect)?

Hi everyone. I was at a party tonight and the host mentioned she's having a bitcoin meeting coming up midweek at her house. I asked her about it (she didn't invite me once she knew my take on bitcoin) but she metioned it was bitconnect. I did some research of past boglehead posts here: https://www.b...
by arcticpineapplecorp.
Sat Dec 16, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin futures with Fidelity
Replies: 25
Views: 2123

Re: Bitcoin futures with Fidelity

I obviously don’t know what I’m talking about. I had just hoped to have a way to throw a couple hundred dollars into Bitcoin somehow and get in on the skyrocketing prices while they last. No idea how to do it. Then your best option would be to convert some money into bitcoin, not to buy and roll a ...
by arcticpineapplecorp.
Thu Dec 14, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Fee-Only Financial Advisor Help
Replies: 18
Views: 1872

Re: Becoming a Fee-Only Financial Advisor Help

https://www.kitces.com/blog/anna-sergun ... g-network/

#FASuccess Ep 049: Getting Paid For (Hourly) Financial Planning By Packaging Financial Advice with Anna Sergunina

Good luck and let us know how it goes.
by arcticpineapplecorp.
Thu Dec 14, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin loss on taxes?
Replies: 1
Views: 467

Re: Bitcoin loss on taxes?

probably best to talk to a qualified tax professional. the following probably doesn't apply to U.S. residents would be my guess, though Whether the relaunch continues and users have additional access to funds remains to be seen. The site’s representatives have assured clients that the site would eve...
by arcticpineapplecorp.
Tue Dec 12, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Beneficiary IRA & Investing?
Replies: 4
Views: 377

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: 49
Views: 2659

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: 1881

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: 4002

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: 3104

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: 1881

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: 3104

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: 3104

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: 1773

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: 82
Views: 10786

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: 2485

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: 3104

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: 17761

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: 4863

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: 832

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: 2441

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: 5166

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: 1301

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: 15262

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: 1255

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: 259

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: 15262

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: 868

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: 102
Views: 8408

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: 102
Views: 8408

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: 3902

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: 136
Views: 9123

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: 17539

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: 3675

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: 1547

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: 1080

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: 13852

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: 13852

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: 2999

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: 13852

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 ...