Search found 16286 matches

by arcticpineapplecorp.
Tue Nov 12, 2024 3:02 pm
Forum: Investing - Theory, News & General
Topic: S&P p/e ratio , current and forward for 2025
Replies: 6
Views: 392

Re: S&P p/e ratio , current and forward for 2025

Cah wrote: Tue Nov 12, 2024 11:54 am That seems to beginning to occur as a trend in the s&p.
That seems to beginning to occur as a trend on bogleheads.

buy and hold works.

don't think in black and white, in or out of the market. Think in terms of what percentage you want in risk assets and what percentage you want in less risky assets. This is known as asset allocation. Then simply buy, hold and rebalance.

don't market time. you may get it right now and again, but long term:
“Far more money has been lost by investors in preparing for corrections, or anticipating corrections, than has been lost in the corrections themselves.”--Peter Lynch
Source
by arcticpineapplecorp.
Tue Nov 12, 2024 1:44 pm
Forum: Personal Investments
Topic: Disabled at 42: How can I reduce MAGI to reduce Medicare IRMAA?
Replies: 24
Views: 872

Re: Disabled at 42: How can I reduce MAGI to reduce Medicare IRMAA?

quantAndHold wrote: Tue Nov 12, 2024 1:14 pm
bongo wrote: Tue Nov 12, 2024 12:59 pm
If this was severance paid this year for last year, does that mean you weren't covered by a 401k at all this year? If so you could do a TIRA contribution and deduct it.
The income for a IRA contribution needs to be earned income. Is any of the income earned?
Severance can be put into an IRA. So he could do that up to $7000 (since you're under 50) in a Trad IRA and reduce his taxable income for 2024.
by arcticpineapplecorp.
Mon Nov 11, 2024 7:53 pm
Forum: Personal Investments
Topic: Selling rental home - how to invest proceeds?
Replies: 9
Views: 736

Re: Selling rental home - how to invest proceeds?

Question: Given the uncertainty of the next presidency, what are your thoughts on investing these proceeds. 1. Dump into market all at once, using same ratios as existing porfolio 2. Dollar cost averaging over some time (1-3 years?) 3. Other? Open ended feedback on our investing approach is welcome. My first time exposing my strategy to anyone other than my wife. :D Desired Asset allocation: 65% stocks / 35% bonds if you want to be 65/35 then regardless of this new money, you invest according to 65/35. if this new money has you rethinking 65/35 then you don't want to be 65/35 anymore. Maybe you don't have the same need or willingness to take the risk of 65/35. so choose your allocation and get the money invested. If you decide 65% in ...
by arcticpineapplecorp.
Mon Nov 11, 2024 7:40 pm
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 1166
Views: 150844

Re: So what are you cooking

just made this one tonight:

Spinach and Sun-Dried Tomato Boursin Orzo Bake

yum.
by arcticpineapplecorp.
Mon Nov 11, 2024 7:03 pm
Forum: Investing - Theory, News & General
Topic: Question about markets crashing/depression
Replies: 78
Views: 4479

Re: Question about markets crashing/depression

I’m 39 and at 90% stocks 10% bonds. I'm [risk averse] so thinking about going 20% bonds understand that markets have intrayear declines EVERY SINGLE YEAR. People only talk about the big ones but wasn't losing 25% in 2022 a big deal? No one mentioned that one so far, only 2020 and discounted that even though stocks fell 30% in one month between Feb 23-March 23, 2020 or thereabouts). But the recovery was quick (July) and the year ended UP +20% so we forget everything. The average intra year decline is 14% so you should expect to lose ON AVERAGE 14% of whatever amount you have in stocks. If you have 90% in stocks and lose ON AVERAGE EVERY SINGLE YEAR 14% then your portfolio will drop by around 12.6% (depending on what the other 10% in bonds d ...
by arcticpineapplecorp.
Mon Nov 11, 2024 5:39 pm
Forum: Investing - Theory, News & General
Topic: Shiller PE now near 37 - 3rd highest ever
Replies: 248
Views: 24478

Re: Shiller PE --> We all know what's going to happen.

The Shiller PE is at a very high value (2x standard deviation), and historically when it's been this high a crash isn't too far to follow. The years (1929, 2001, etc) are clear examples of this. Given this, if you had $1M to invest and your asset allocation and investment plan tells you to buy VOO (or some other similar S&P500 ETF) would you do it now? Or would you wait until the crash? (I know I know, timing the market doesn't work. "More money has been lost waiting for the dip....") 1. what if you only invsted at market peaks 2. your question assumes all or nothing, 100% stock or 100% cash. Is your Asset Allocation all or nothing? If not then why wouldn't you just invest according to your asset allocation??? If you are 60/40 then you'd ...
by arcticpineapplecorp.
Mon Nov 11, 2024 11:06 am
Forum: Personal Investments
Topic: Is this market timing?
Replies: 20
Views: 1360

Re: Is this market timing?

Tejfyy wrote: Mon Nov 11, 2024 10:09 am I won’t need the cash until some time in 2025.
if you need the money next year, it has no business being in equities. If the market were to fall 50% you'd only have HALF of the money you need next year. If you need 100% of the money next year, you can't afford to take risk with that.

Whether you sell equities or fixed income (or some combo of both) to generate the money you need next year depends on:
1. If it's taxable or tax deferred or Roth? What kinds of cap gains or ordinary income taxes would you generate from sale?
2. How do you maintain your AA if you sell from one or the other or both?
by arcticpineapplecorp.
Sun Nov 10, 2024 10:10 pm
Forum: Personal Investments
Topic: When to move college funds to a conservative allocation?
Replies: 10
Views: 1285

Re: When to move college funds to a conservative allocation?

starling wrote: Sun Nov 10, 2024 9:02 pm Keep in mind, the last calendar year in which the S&P 500 Index did not surpass its opening value on January 1 was 1977. On January 3, 1977, the index opened at 107.00 and closed the year at 95.10, marking an approximate 11.5% decline. Throughout that year, the index failed to exceed its opening value.
um, what? I think the last calendar year the market closed lower in Dec than it opened in January was...2022

Image

Source

and there are 9 other such years the market ended in December lower than January of the same year. Right there on the chart (1981, 1990, 1994, 2000, 2001, 2002, 2008, 2015, 2018)

I've shown you mine. Where is your evidence of such a claim?
by arcticpineapplecorp.
Sun Nov 10, 2024 9:50 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway; 325 and counting...
Replies: 19
Views: 2528

Re: Berkshire Hathaway; 325 and counting...

Trance wrote: Sun Nov 10, 2024 11:46 am Based on the last earnings call Warren said that he was expecting the capital gains tax to increase so he wanted to pay taxes this year.
but that call appears to have been on 11/2/24 which was before the most recent election.

without discussing politics or any changes to tax laws, isn't it possible such expectation may have reversed since then?
by arcticpineapplecorp.
Sun Nov 10, 2024 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Roth contribution for financially irresponsible son
Replies: 5
Views: 924

Re: ROTH contribution for financially irresponsible son

We have tried most everything to teach him, but it has not taken hold. can you tell us what you've tried so far so we don't have to cover ground that's already been covered? i think you're up against a couple of things: 1. the brain isn't fully developed from what I understand until around age 26. Now this is not the only factor because some young people are more responsible with money than others. But I guess I'm saying, it's possible he may come around with time. Or he may just be a spendthrift the rest of his life if he doesn't change. I know a man-child (supported 100% by his daddy) in his 40s that money flows through his fingers like water (in the rare times when he happens to get some). I hope your child doesn't turn out like that ...
by arcticpineapplecorp.
Sun Nov 10, 2024 8:33 pm
Forum: Personal Investments
Topic: Tax Hit from switching to Simpler Portfolio
Replies: 16
Views: 1528

Re: Tax Hit from switching to Simpler Portfolio

Big Dog wrote: Sun Nov 10, 2024 8:18 pm Exactly, and if you are charitably inclined, donate shares from your taxable account.
this. And to the OP if you leave this taxable account to heirs, tell them to simply the portfolio (show them how) after they benefit from the step up in basis (if it remains). They won't have to worry about the tax hit as a result of change, and neither will you have.
by arcticpineapplecorp.
Sun Nov 10, 2024 8:28 pm
Forum: Investing - Theory, News & General
Topic: Over-enthusiastic Market: Steady as she goes
Replies: 51
Views: 4817

Re: Over-enthusiastic Market: Steady as she goes

I have to admit, it's very tempting to take more risk and move some $ from fixed income to equity after the recent Trump-effect, but I'm staying my original course. Just wondering if others are modifying their portfolios in response to this. I'm using the "be fearful when others are greedy" and "when they say this time is different, it's not" addages to stay grounded. :greedy welcome to the group. the market's up around 4% since Tuesday. but the market was up 22% this year before Tuesday. Are you more excited after the market goes up 4% or 22%? If you have an asset allocation (you do either by design or by default) you might be SELLING stocks to buy bonds depending on how off the allocation is from what you want. When stocks rise more than ...
by arcticpineapplecorp.
Sun Nov 10, 2024 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: reading of a "smart asset" article re: conversions
Replies: 9
Views: 604

Re: reading of a "smart asset" article re: conversions

capran wrote: Sun Nov 10, 2024 8:19 pmGreat!
here's a nifty chart that might help you out:

Image

it's in the wiki so don't forget to go there. There's a wealth of information in the wiki.
by arcticpineapplecorp.
Sun Nov 10, 2024 8:19 pm
Forum: Personal Investments
Topic: Long-term bond investment in Fidelity Roth.
Replies: 10
Views: 645

Re: Long-term bond investment in Fidelity Roth.

A few things I am not sure of: I understand that I can still lose money as rates fluctuate. Is this still the case in a 10 year scenario? Or is that just short-term? Looking at FNBGX or something like FXNAX. Any help would be appreciated? unless i'm wrong it looks like fnbgx has only been around since 2017 so we can't look at a 10 year period to see what might have happened. But vanguard has a long term treasury bond index fund longer so we can compare that with a total bond index fund (i think vanguard's is similar to fxnax you're considering). If we look at 10 years back from today look at what we see: https://i.postimg.cc/pXGWpPwn/bond.jpg Source while neither technically lost over the past 10 years (in nominal terms only), the long ...
by arcticpineapplecorp.
Sun Nov 10, 2024 7:56 pm
Forum: Personal Investments
Topic: When to move college funds to a conservative allocation?
Replies: 10
Views: 1285

Re: When to move college funds to a conservative allocation?

Hello, College tuition will likely be due between 2027- (early)2031. Half the needs will come through CDs that mature around 27/28. When might be a good time to move the other half (2029-31)to a conservative allocation? Its now in 60/30 stocks/bonds. Thx. 60/30 stocks bonds? Do you mean 60/40? or are you saying the other 10% is in the CDs? Even if the latter, let's just call that 60/40 since the second number is fixed income, not just bonds. 1. One idea is you can follow a similar glidepath to a 529 age path as a guide. Here's a couple examples: https://www.savingforcollege.com/article/how-to-figure-out-your-529-plan-glide-path https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/kicking-tires-529-glide-path.html the ...
by arcticpineapplecorp.
Sun Nov 10, 2024 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do contractors size us up?
Replies: 68
Views: 5833

Re: Do contractors size us up?

TomatoTomahto wrote: Sun Nov 10, 2024 1:22 pm We have a “length of driveway” quote factor. Our driveway is long (1/4 mile or so) and we think they adjust the quote higher the longer they drive.
sounds right. Costs them more in gas to reach your house. :wink:
by arcticpineapplecorp.
Sun Nov 10, 2024 6:08 pm
Forum: Personal Investments
Topic: Better diversification than VTI
Replies: 63
Views: 4589

Re: Better diversification than VTI

of course not. And ExodusNH showed you how they've changed between 1980-2020 . meanwhile, you'd have almost 72 TIMES the amount you've started with despite all the changes in the top 10 over those 40 years. Buy and Hold. Stay the course. Avoid the noise (and it's all noise). Look what happened (bad things) over those 40 years. In the long term it didn't matter. The question about leadership at the top was more rhetorical. I understand that VOO and VTI are good long term investments. There are better ways to diversify though. In 2000, we saw how sector concentration can hurt investors. Concentration risk is real. VTI is very correlated to VOO and will fall hard if tech and mega caps fall hard. in 2000 total US stock dropped -20.66% (worst ...
by arcticpineapplecorp.
Sun Nov 10, 2024 5:52 pm
Forum: Personal Consumer Issues
Topic: Cooking More At Home
Replies: 38
Views: 2373

Re: Cooking More At Home

have you read any of these past posts on the subject:
https://www.google.com/search?sitesearc ... thy+meals+

or this one:
viewtopic.php?t=308864
by arcticpineapplecorp.
Sun Nov 10, 2024 12:50 pm
Forum: Personal Investments
Topic: Better diversification than VTI
Replies: 63
Views: 4589

Re: Better diversification than VTI

smartinvestor2020 wrote: Sun Nov 10, 2024 8:51 am Top
of course not. And ExodusNH showed you how they've changed between 1980-2020.

meanwhile, you'd have almost 72 TIMES the amount you've started with despite all the changes in the top 10 over those 40 years. Buy and Hold. Stay the course. Avoid the noise (and it's all noise). Look what happened (bad things) over those 40 years. In the long term it didn't matter.
by arcticpineapplecorp.
Sun Nov 10, 2024 9:01 am
Forum: Personal Investments
Topic: International allocations?
Replies: 56
Views: 3662

Re: International allocations?

linberl wrote: Sat Nov 09, 2024 11:46 pm RMDs are killing me, lol.
you can do up to $105,000 in RMDs in a QCD (qualified charitable deduction) each year and the QCD satisfies the RMD requirement but does not count as taxable income. If you're truly getting killled by RMDs and don't need the money, you could consider doing QCDs at least enough to reduce the amount of income that's "killing" you.
by arcticpineapplecorp.
Sat Nov 09, 2024 9:34 pm
Forum: Personal Investments
Topic: International allocations?
Replies: 56
Views: 3662

Re: International allocations?

Well I decided to just move 5% to VTWAX. Probably not enough to really do anything but now it is in the portfolio I can easily add to it if I choose. Now I have to decide whether to keep my US stocks at the current level - normally I just sit and adjust once a year, but with the changes coming in the new Administration and Bezos and Buffett dumping stocks, I'm kind of worried. I don't really have time to sit and recover (age 74). What's that saying about living in interesting times, rofl!!!??? but are you still 35/65 even after moving 5% to VTWAX? In other words, did you just move 5% of the 35% in stocks to VTWAX? And if so then VTWAX is 63% US and 37% foreign which means you have: 30% in VTI (just US) 5% in VTWAX, of which 63% is US so ...
by arcticpineapplecorp.
Sat Nov 09, 2024 8:00 pm
Forum: Investing - Theory, News & General
Topic: Why the difference? Overnight trading had huge leap, but normal trading today
Replies: 22
Views: 2918

Re: Why the difference? Overnight trading had huge leap, but normal trading today

So, they ask, where do you keep your money? I answer: VITSX at Vanguard and a couple of muni funds. I never sell. I only buy. Why is that? Because I can see the sophistication and the edge of the entire market, including hundreds of computer models that compete very hard to squeeze a tiny edge, to make the market efficient. I don't have the resources at home to compete with them, because I see the resources that hedge funds and other firms have. What resources, you might ask? This is a typical profile of a hedge fund operating a global quant operation: - $100M a year in data source acquisition budget, - $100M a year data center burn budget, - on the order of one million NVDA GPUs, - fast lines connecting the entire globe, - thousands of ...
by arcticpineapplecorp.
Sat Nov 09, 2024 7:55 pm
Forum: Personal Investments
Topic: How will my 3 fund strategy benefit from record Dow Nasdaq and S&P 500?
Replies: 10
Views: 1439

Re: How will my 3 fund strategy benefit from record Dow Nasdaq and S&P 500?

your're welcome, and these things are determined well in advance, not just based on market moves on any given day. As was said the company has to determine how much of the earnings they're paying out in the form of dividends. Investopedia says: A company declares the dividend, the amount, and the date when it will be paid out to shareholders when it enjoys a profit and decides to pay that dividend to common shareholders. Dividend amounts and related dates are usually determined every quarter after a company finalizes its income statement and the board of directors meets to review the company's financials. Some companies with solid histories of paying dividends have established quarterly dividend payment dates. IBM usually pays its dividends ...
by arcticpineapplecorp.
Sat Nov 09, 2024 6:45 pm
Forum: Personal Investments
Topic: Getting out of Cash!
Replies: 16
Views: 3540

Re: Getting out of Cash!

Interested in knowing top 3 ways we can exit cash and get better returns without too much risk (we are moderately risk averse) and whether it should be done over time or immediate. welcome to the group. Better than what? are you trying to get higher return without taking too much risk? Is this even possible? You get a return that's commensurate with the amount of risk you take. If you want a moderate risk, you'll get a moderate return. There's no way around this and wanting something doesn't make it so. I tend to think of asset allocation in three broad ranges: Aggressive 2/3rds or more in stocks Conservate 1/3rd or less in stocks Moderate/Balanced between 1/3rd and 2/3rds in stocks. So Moderate would be between 40/60 (stock/bond) and 60 ...
by arcticpineapplecorp.
Sat Nov 09, 2024 6:36 pm
Forum: Investing - Theory, News & General
Topic: Vectors "Nov 2024"
Replies: 2
Views: 641

Vectors "Nov 2024"

thought this Vectors was a good one. Lots of gems. https://www.oncoursefp.com/files/vectors_nov_24_final.pdf People who say that investing in stocks is gambling don't understand the difference between investing and gambling. Gamblers deal with risk, but investors deal with uncertainty. The two words are not synonymous. Bet on a roll of the dice and you have a known probability of winning. But since there are so many variables that influence asset prices, investors will always be at the mercy of the unpredictable and unexpected. The gambler may lose all his money but an investor with a globally diversified allocation to equities cannot (short of the end of the world) lose all his money. One disheartening trend in recent years has been the ...
by arcticpineapplecorp.
Sat Nov 09, 2024 3:03 pm
Forum: Personal Investments
Topic: International allocations?
Replies: 56
Views: 3662

Re: International allocations?

What are some good options with Vanguard that are relatively safe in terms of currency and volatility? Vanguard's total international stock index fund (VTIAX or VXUS) is not hedged so there will be currency fluctuations. Sometimes they help, sometimes they hurt: https://i.postimg.cc/26V8ctCG/https-am-jpmorgan-com-us-en-asset-management-adv-insights-market-insights-guide-to-the-markets.jpg Source https://i.postimg.cc/zvHZKZqm/currency-fluctuations.jpg over a long time currency fluctuations have netted out/cancelled each other out I believe. Whether this will be true in the rest of your lifetime or mine is unknown. Vanguard believes that you don't want currency hedging with international stocks, but do with bonds (so they're international ...
by arcticpineapplecorp.
Sat Nov 09, 2024 2:55 pm
Forum: Personal Investments
Topic: 40 M Just started with investing, what should I do ?
Replies: 5
Views: 751

Re: 40 M Just started with investing, what should I do ?

welcome to the group. I'd suggest you edit your post (don't start a new one) according to asking portfolio questions because I'm not sure if all those you mentioned are in your Roth IRA or taxable or some mix of both and we don't know the percentages in each. We also don't know if you have access to a 401k, in which case you could put the $10,000 in there potentially. So there's a lot of details missing. Like how did you come to own the things that you have? Is there a unified approach or is it more scattershot/hodgepodge? Finally, why do you say you're looking for a 5-7 year time horizon? If you are investing, presumably you're trying to be able to fund your future retirement, no? If so, then isn't your time horizon, the rest of your life ...
by arcticpineapplecorp.
Sat Nov 09, 2024 9:56 am
Forum: Investing - Theory, News & General
Topic: When do you change your stance?
Replies: 41
Views: 4405

Re: When do you change your stance?

The question is when do you stick to your guns and when do you change? What is your thought process? Thinking in Bets by Annie Duke covers a large portion of my personal line of thought. I had very few quibbles with the book, although I presume some people may use the resulting idea for deciding on strategy, or for criticism of alternate lines of thought. Justifying personal strategy depending on past results, or changing decisions depending on outcomes, seems like an example where I agree with her regarding resulting. Personally I try to decide on plans when my portfolio is at a high, and I intend to avoid changing strategy when underwater. Basically my line of thought is that my thought quality or ability to consider potential ...
by arcticpineapplecorp.
Fri Nov 08, 2024 9:44 pm
Forum: Personal Investments
Topic: How will my 3 fund strategy benefit from record Dow Nasdaq and S&P 500?
Replies: 10
Views: 1439

Re: How will my 3 fund strategy benefit from record Dow Nasdaq and S&P 500?

In September I moved funds into a 3 fund strategy with - FSKAX, FTIHX, and FXNAX. So, I expected that over time I'd see NAV ups and downs and regular dividends and perhaps capital gains. I was all set for slow and steady returns. Now over the past month and this election week the market has gone very high very fast. I assume a quick rise and fall will have little affect on index fund dividends. Or will it? Should I see higher returns from this weeks market rise? What if the markets stay at high levels for a month or 2 or 3 then drops off, would this affect dividends? Thanks for your insight! welcome to the group. i think some terminology should be addressed. first off investing in stocks doesn't equal slow and steady returns. I know you ...
by arcticpineapplecorp.
Fri Nov 08, 2024 9:28 pm
Forum: Investing - Theory, News & General
Topic: What is going on with Vanguard PRIMECAP Fund Admiral (VPMAX) in the last year?
Replies: 44
Views: 3361

Re: What is going on with Vanguard PRIMECAP Fund Admiral (VPMAX) in the last year?

is testfol.io really way off here? On Vanguard's page it says primecap outperformed its benchmark (S&P500) since 11/1/1984 (13.58% vs 11.76%) but testfolio (link below) shows from 9/24/1985 (earliest date) 5.93% for Primecap vs 11.12% for S&P500:

https://testfol.io/analysis?s=3fIdyBjzfmZ

these numbers seem really way off and I'm inclined to think it's testfolio that's off. Anyone care to weigh in?
by arcticpineapplecorp.
Fri Nov 08, 2024 9:20 pm
Forum: Investing - Theory, News & General
Topic: What is going on with Vanguard PRIMECAP Fund Admiral (VPMAX) in the last year?
Replies: 44
Views: 3361

Re: What is going on with Vanguard PRIMECAP Fund Admiral (VPMAX) in the last year?

the_wiki wrote: Fri Nov 08, 2024 7:40 pm If you are going to panic after 1 year of underperformance, you should just stick with total market.
but then don't panic the next year when total market underperforms something else.

flitting about just like the cat that never quite catches the laser's light.
by arcticpineapplecorp.
Fri Nov 08, 2024 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare 2025 Part B Premium and Parts A and B Deductible
Replies: 16
Views: 1459

Re: Medicare 2025 Part B Premium and Parts A and B Deductible

ModifiedDuration wrote: Fri Nov 08, 2024 8:27 pm
arcticpineapplecorp. wrote: Fri Nov 08, 2024 8:16 pm i wasn't aware of the part A deductible. Is that something one pays (for hospital stays) even if one has a medigap (plan G) plan?
The more popular Medicare Supplement Plans, such as Plans F, G, and N, would cover the Part A deductible.

In addition, the Part A deductible would count toward the maximum out-of-pocket for Plans F-HD and G-HD.
thanks. good to know. I was looking at G and thought there weren't any other expenses besides the part b deductible and the G premium. Didn't remember hearing about a part A deductible, i guess because it's not relevant to that plan. The amount reminded me of costs I heard people on advantage plans can be stuck with if they have multiple hospitalizations per year.
by arcticpineapplecorp.
Fri Nov 08, 2024 8:48 pm
Forum: Investing - Theory, News & General
Topic: Portfolio review
Replies: 7
Views: 793

Re: Allocation, International and other questions? Portfolio review

I am 20 percent in international stocks and 100 percent in Equity overall, taking risks due to my pension; I would admit that I paid attention to the international allocation after the recent market rise in the past few days. Is there any period of 20-30 years when international stocks returned more than the US market? Am I wrong to think that it is a drag on my portfolio? Returns come and go and regimes change: https://i.postimg.cc/j5FYDd0Q/domestic-vs-international.jpg Source https://i.postimg.cc/J4yLY355/https-am-jpmorgan-com-us-en-asset-management-adv-insights-market-insights-guide-to-the-markets.jpg Source I think Bogle's argument in Bogle on Mutual Funds was that even though there are periods when international has outperformed US ...
by arcticpineapplecorp.
Fri Nov 08, 2024 8:26 pm
Forum: Investing - Theory, News & General
Topic: Kiana Danial Invest Diva - scam or legit?
Replies: 2
Views: 569

Re: Kiana Danial Invest Diva - scam or legit?

not a scam, but not worth it from the reviews on reddit asking the same question you did 3 years ago . it's been said a million times before. If her ideas were so great, why would she sell them to you for $2,000? She makes money from selling a $2000 program, not from her investment prowess. Have you read Getting Started ? How about the Three Fund Portfolio ? How about writing an IPS ? How about Asset Allocation, based on your need, ability and willingness to take risk: How much risk do you need to take: https://www.cbsnews.com/news/asset-allocation-guide-how-much-risk-do-you-need/ How much risk do you have the ability to take: https://www.cbsnews.com/news/asset-allocation-guide-how-much-risk-should-you-take/ How much risk do you have the ...
by arcticpineapplecorp.
Fri Nov 08, 2024 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare 2025 Part B Premium and Parts A and B Deductible
Replies: 16
Views: 1459

Re: Medicare 2025 Part B Premium and Parts A and B Deductible

i wasn't aware of the part A deductible. Is that something one pays (for hospital stays) even if one has a medigap (plan G) plan?
by arcticpineapplecorp.
Fri Nov 08, 2024 3:32 pm
Forum: Personal Investments
Topic: Better diversification than VTI
Replies: 63
Views: 4589

Re: Better diversification than VTI

Recently I learned about VEXAX US excluding large cap. I am considering replacing my small cap value fund with VEXAX and changing my equity allocation to 60% VTI, 20% VEXAX and 20% total international. I have not made this change yet but I am giving it some serious consideration. VTI already contains everything that's in vexax (extended market). This extended market is known as the completion fund because it completes the market if you own S&P500 and are looking to own the rest of the market (which is small/mid, which vexax is). the EFT of vexax is VXF. If you look at https://www.etfrc.com/funds/overlap.php you see VTI and VXF (extended market) overlap greatly. 83.6% of VTI is in extended market and 96.3% of extended market's holdings are ...
by arcticpineapplecorp.
Fri Nov 08, 2024 3:13 pm
Forum: Personal Investments
Topic: 17 year old looking for investment advice
Replies: 25
Views: 1556

Re: 17 year old looking for investment advice

jec1ny wrote: Fri Nov 08, 2024 2:57 pm A good friend of mine got into day trading against the strongest advice I could give without straining our friendship. About a year and ~$100k later he gave it up. Sometimes lessons can have a big price tag.
the tuition paid for an education in what investing isn't.
by arcticpineapplecorp.
Fri Nov 08, 2024 3:12 pm
Forum: Personal Investments
Topic: 17 year old looking for investment advice
Replies: 25
Views: 1556

Re: 17 year old looking for investment advice

Hello. I am relatively new to the world of investing and the stock market, but I have basic knowledge. I have always been intrigued by the idea of day trading and watching charts in the hopes of profiting in some way. I am not naive, I know this isn't an easy topic to learn and especially start making money from, but I am fully committed to learning and being mentored. I am also interested in long-term investing and setting myself up for success in the long run. I would love some advice on this as well. Any help is much appreciated. Thank you. a little knowledge can be a dangerous thing! welcome to the group. I wish I was interested in investing when I was your age. Look before you leap. Read the links that have been provided, keep asking ...
by arcticpineapplecorp.
Fri Nov 08, 2024 2:52 pm
Forum: Personal Investments
Topic: Advice for Sister-in-law....$150k to her name. Age 64....
Replies: 65
Views: 7588

Re: Advice for Sister-in-law....$150k to her name. Age 64....

RickBoglehead wrote: Fri Nov 08, 2024 2:16 pm Unfortunate she asked for help after signing the contract to buy the new home, that's a big mistake on her part. She should rent the rest of her life.
i was thinking the same thing. But then again, it sounds like she could just blow through a new lump sum she'd get from selling her prior home. At least she cordoned off the house sale money (by putting it in a new illiquid asset/house).
by arcticpineapplecorp.
Fri Nov 08, 2024 2:18 pm
Forum: Personal Investments
Topic: Thoughts on rising equity allocation in later retirement?
Replies: 14
Views: 1388

Re: Thoughts on rising equity allocation in later retirement?

Has anyone decided at this stage in life, with perhaps 10-15 years ahead, that even a higher stock allocation makes sense? asset allocation is a personal decision and based on your need, ability and willingness to take risk. sound like you have the ability to take risk, but do you have the need or willingness? Bernstein says if you've won the game, stop playing. you may have to deal with the conflict between the three. similarly, you may want to leave money to heirs. In that sense, you're not investing for you (or your asset allocation) but rather for theirs instead. In that case, depending on their allocation you might be more aggressive with stocks than you'd be if you were investing for yourself. or you might not have legacy goals so ...
by arcticpineapplecorp.
Fri Nov 08, 2024 12:39 pm
Forum: Personal Investments
Topic: Advice for Sister-in-law....$150k to her name. Age 64....
Replies: 65
Views: 7588

Re: Advice for Sister-in-law....$150k to her name. Age 64....

I imagine advising her to sell the house would not go over well. My suggestion would be to tell her, "In your shoes, I would put the $150,000 in a HYSA, MMF or CDs." Maybe a SPIA? Personally, I wouldn't tell her what she should do, unless you want to be blamed for anything that doesn't go according to plan. I see this a lot. Maybe it's how we think about giving information. Often there's not just one right answer, but many possibilities of what can be done (each with their own set of pros and cons). As Thomas Sowell says, "In life there are no solutions, just tradeoffs." If you buy an annuity, you get guaranteed income but you no longer have access to that money (and lose to inflation and take solvency risk) If you invest (stocks/bonds ...
by arcticpineapplecorp.
Fri Nov 08, 2024 12:30 pm
Forum: Personal Investments
Topic: Advice for Sister-in-law....$150k to her name. Age 64....
Replies: 65
Views: 7588

Re: Advice for Sister-in-law....$150k to her name. Age 64....

When my brother passed, she had over a million but has never been financially focused (I vaguely remember her buying a Mercedes and we were dumbfounded). Now, she is feeling the squeeze. So she turned $1 million in 1996 into $150,000 in 2024. If she had no growth over those 28 years, she could have taken out $30,357 (not adjusted for inflation) each of the last 28 years to end up where she is now ($150k left). Assume she instead invested the $1 million in VTSMX (total stock) 28 years ago at age 36 until now, even going with a 4% withdrawal ($40,000 first year, adjusted for inflation) she should have $3.8 million right now, not $150,000. If she hadn't taken anything out the last 28 years (and kept it in total stock) she'd have $7.6 million ...
by arcticpineapplecorp.
Fri Nov 08, 2024 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Need to buy out sibling [on a property] how best to do it [where to pull funds]
Replies: 4
Views: 471

Re: Need to buy out sibling [on a property] how best to do it [where to pull funds]

Have a vacation property need to buy out sibling Have the cash if I take out money from cd or I bonds or is it best to take.out of brokerage account ? I bonds if more than 5 years old have no penalty. But then you will pay ordinary income taxes on the withdrawal if you haven't been paying tax on the interest each year they've been paying interest. cd will likely have a penalty unless it's a no penalty cd. And same, if the cd earned interest that wasn't paid, ordinary income taxes will be owed when cd is cashed. when you sell from brokerage you pay cap gains taxes which may be lower tax rate than your ordinary income taxes. And the entire amount withdrawn isn't likely taxable, just the gains on the principal. Principal is never taxed. give ...
by arcticpineapplecorp.
Fri Nov 08, 2024 12:13 pm
Forum: Personal Consumer Issues
Topic: Adding my kid as authorized user in Citicard - SSN not asked
Replies: 17
Views: 787

Re: Adding my kid as authorized user in Citicard - SSN not asked

I'm not an expert but I didn't think that adding someone as an authorized user would affect that person's credit score. You'd be wrong. I think it's more nuanced then that. Some credit card companies will report authorized users to the credit agencies, and some don't (but people mistakenly think they do just by making them an authorized user). In the case snic mentioned where people with bad credit pay people with good credit to make them authorized users, it should be well established the credit card company is reporting the authorized user's SSN to the credit agencies, otherwise they may not be getting what they're paying for. From experian: Becoming an authorized user can help your credit several ways, provided that: The primary user ...
by arcticpineapplecorp.
Fri Nov 08, 2024 10:39 am
Forum: Personal Investments
Topic: VTI/SCHD/QQQ
Replies: 26
Views: 2130

Re: VTI/SCHD/QQQ

All, in my limited investing experience, I've become enamored with the combination of VTI/SCHD/QQQ. Around 60%/30%/10%. It feels like it hits all the bases. It's done really well for me so far. Looking down the road to a tougher market, any recommendations on what I should add? General thoughts? Thank you! with nisiprius's post you see that feelings about your investments are irrelevant. What matters are the facts, not the feelings. We can create narratives (and often do) which aren't substantiated by the data. Make sure you're reviewing the data whenever possible especially when you have a hypothesis to see if it stands up to real (not imagined) scrutiny. of course you can still find something that had good results, but that doesn't mean ...
by arcticpineapplecorp.
Fri Nov 08, 2024 9:54 am
Forum: Personal Investments
Topic: What are the options for fixed income?
Replies: 59
Views: 4513

Re: What are the options for fixed income?

exodusNH wrote: Fri Nov 08, 2024 6:58 am You can redeem any amount over $25 once you've had them for one year. Each withdrawal is partially interest and partially principal.
thanks. i was aware you could redeem after a year but I wasn't aware you could just take out partial withdrawals and how each withdrawal is considered partial interest and partial principal. Thanks.
by arcticpineapplecorp.
Thu Nov 07, 2024 9:33 pm
Forum: Investing - Theory, News & General
Topic: When do you change your stance?
Replies: 41
Views: 4405

Re: When do you change your stance?

gavinsiu wrote: Thu Nov 07, 2024 5:29 pm I haven't change my international allocation even though it was under perform since the 90's.
actually it outperformed during the US's lost decade 2000-2010
by arcticpineapplecorp.
Thu Nov 07, 2024 9:28 pm
Forum: Personal Investments
Topic: VOO and Chill
Replies: 128
Views: 10534

Re: VOO and Chill

anonymoushead wrote: Thu Nov 07, 2024 8:47 pm My advisor and I had to contact the brokerage to execute the order. The verification process took about half an hour, but the trade was executed almost instantly. The average cost was 547.30, with a total of 91,357 shares.
not sure if anyone asked this, but I'm assuming you owe capital gains taxes on the $50 mil? Or was the $50 mil after tax? :shock:

or do you live in a country that has no estate tax, nor any capital gains tax?