Search found 1597 matches

by Tanelorn
Fri May 03, 2019 7:20 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 4520

Re: Short BYND? (beyond meat, IPO today)

Carlos Danger wrote:
Thu May 02, 2019 11:39 am
Nothing is ever a good candidate to short.
I guess we’ll have to agree to disagree on that - plenty of overpriced stocks out there. Not sure if BYND is one of them, that’s harder to say at least for me but I’d probably be short rather than long if you made me pick.
by Tanelorn
Wed Apr 17, 2019 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding a tax penalty
Replies: 9
Views: 869

Re: Avoiding a tax penalty

Oh I missed the part that he hasn’t filed his 2017 taxes and thought he was asking about whether he could avoid underpayment penalties, not failure to file penalties. He’s due a 2017 refund, so there would be no underpayment or failure to file penalties - those are a % of the tax owed, zero here su...
by Tanelorn
Wed Apr 17, 2019 6:40 am
Forum: Personal Finance (Not Investing)
Topic: How to take advantage of unexpected 0%/Negative Federal space in a strange year of large credits
Replies: 19
Views: 877

Re: How to take advantage of unexpected 0%/Negative Federal space in a strange year of large credits

What do your taxable investment accounts look like? Do you have any appreciated stocks you could sell, for example? Short term gains would be nice to use up these anticipated credits, but even realizing long term gains would be better than losing them. Worth noting since there is no wash sale on rea...
by Tanelorn
Wed Apr 03, 2019 7:04 am
Forum: Personal Consumer Issues
Topic: Folks in their 60s and above. What early investment on health do you recommend.
Replies: 193
Views: 13088

Re: Folks in their 60s and above. What early investment on health do you recommend.

I found this doctor’s scientific approach to health and longevity quite interesting. The video below talks about the state of longevity research from a chemistry/biology perspective, and suggests several approaches to diet, exercise, and medications that may be helpful. https://peterattiamd.com http...
by Tanelorn
Wed Apr 03, 2019 5:42 am
Forum: Personal Finance (Not Investing)
Topic: 529 tax hack if you plan to expatriate?
Replies: 24
Views: 2161

Re: 529 tax hack if you plan to expatriate?

I’m not a tax lawyer, but it seems to me to be on questionable legal grounds for a state to tax a nonresident for something like this. You received the deduction, they have a right to place conditions on the use of those funds. They can't tax non-residents for certain pre-tax retirement fund distri...
by Tanelorn
Tue Apr 02, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: 529 tax hack if you plan to expatriate?
Replies: 24
Views: 2161

Re: 529 tax hack if you plan to expatriate?

The state 529 tax deduction will be recaptured. Depends on the state and the plan it seems. https://www.savingforcollege.com/compare_529_plans/?plan_question_ids%5B%5D=96&page=compare_plan_questions I’m not a tax lawyer, but it seems to me to be on questionable legal grounds for a state to tax a no...
by Tanelorn
Sun Mar 24, 2019 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Illinois State Tax Loophole? What am I missing?
Replies: 48
Views: 3613

Re: Illinois State Tax Loophole? What am I missing?

Maybe I’m just lost in this topic of Backdoor Roth’s but if I already contribute to a employer 401k and max it out ($19K) can I still contribute $6000 after tax money to a traditional IRA? If so, wouldn’t the taxes I would have to pay in the Roth conversion wipe out any benefit from State tax? What...
by Tanelorn
Sat Mar 23, 2019 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Illinois State Tax Loophole? What am I missing?
Replies: 48
Views: 3613

Re: Illinois State Tax Loophole? What am I missing?

Other states have this too. I don’t know if this older thread is up to date, but it laid out the basic idea with links for all the different states.

viewtopic.php?t=86262
by Tanelorn
Wed Mar 20, 2019 3:41 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

YoungBogle wrote:
Wed Mar 20, 2019 1:54 pm
Is there anyway you can add a "control" entry (SPY,VOO,etc.) to the Google Doc to see who is above and below the index?
Look for the fund “I don’t know and I don’t care” by benchmark. This owns a total stock market etf and is up about 11% currently.
by Tanelorn
Sun Mar 17, 2019 7:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard supervisor and brother-in-law stole over $2M from dead customers and dormant accounts
Replies: 19
Views: 4444

Vanguard employee steals $2M from dead account holders

[Thread merged into here, see below. --admin LadyGeek] I guess given the states treasuries were about to take the money themselves under escheat laws , perhaps he was stealing from the state and not the dead? The case was originally sealed until just recently. https://www.philly.com/business/vangua...
by Tanelorn
Sat Mar 16, 2019 3:22 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Whose Plans Failed: What did (do) you do?
Replies: 11
Views: 4148

Re: Bogleheads Whose Plans Failed: What did (do) you do?

There was a good thread that touched on many of these ways in which people, not BHs specifically, had a lot of money but ended up losing much or all of it. Lots of cautionary tales and examples - some first hand, others of friends or relatives. “Riches to Rags Testimonies” https://www.bogleheads.or...
by Tanelorn
Mon Mar 11, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

FYI, it looks like Crypto-O-Currencies Fund from madpunster needs to be updated, to reflect the acquisition of SGYP last week. https://finance.yahoo.com/news/bausch-health-completes-acquisition-certain-140000210.html Thanks for the note. Synergy Pharma (SGYP) filed for bankruptcy towards the end of...
by Tanelorn
Mon Mar 11, 2019 7:13 am
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 129
Views: 20808

Re: We crush stock indexes, Yale claims

Yale returned over 12% for their FY2018 , exceeding a rough benchmark of 60/40 or 70/30 by 3% or so. Over 25% in hedge funds and under 10% in US stocks and bonds combined. This kind of discussion is not helped by such generous use of the term "benchmark." I’m not sure what your issue is with it. Th...
by Tanelorn
Sat Mar 09, 2019 10:57 am
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 129
Views: 20808

Re: We crush stock indexes, Yale claims

Yale returned over 12% for their FY2018, exceeding a rough benchmark of 60/40 or 70/30 by 3% or so. Over 25% in hedge funds and under 10% in US stocks and bonds combined.
by Tanelorn
Fri Mar 08, 2019 7:06 am
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7166

Re: attacked by off-leash dog

Yeah your dog would kill their dog and you're left with an expensive law suit. Well people can sue you for anything, but if you (or your dog) killed their dog in any way not involving deliberate cruelty, the most you’d be actually responsible for was “destruction of property”. Unless their dog was ...
by Tanelorn
Thu Mar 07, 2019 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Another Capital Gain Tax Avoidance - Swapping Returns
Replies: 22
Views: 1868

Re: Another Capital Gain Tax Avoidance - Swapping Returns

Likewise, here’s an article and a detailed presentation on using “stock protection pools” to basically buy downside insurance ala put options without the pesky tax implications or most of the option premium costs. https://www.cnbc.com/2017/05/17/creating-tax-efficiency-for-a-highly-appreciated-stock...
by Tanelorn
Thu Mar 07, 2019 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Another Capital Gain Tax Avoidance - Swapping Returns
Replies: 22
Views: 1868

Re: Another Capital Gain Tax Avoidance - Swapping Returns

Here’s a NYT article on the tax deferral options available to the rich and not the typical investor. Basically you can diversify your appreciated holdings without having to pay capital gains tax at all, as long as you pay your investment bank / broker about 5% for the trouble. https://www.nytimes.co...
by Tanelorn
Sat Mar 02, 2019 3:13 pm
Forum: Investing - Theory, News & General
Topic: Latest on Yieldstreet
Replies: 17
Views: 2274

Re: Latest on Yieldstreet

Thank you for sharing your cautionary information. These always seemed a bit too good to be true, and I just avoided them. Good to know some of the details and issues.
by Tanelorn
Thu Feb 28, 2019 7:36 pm
Forum: Personal Investments
Topic: Want no interest, dividends or distributions in 2019
Replies: 45
Views: 4394

Re: Want no interest, dividends or distributions in 2019

Thesaints wrote:
Thu Feb 28, 2019 7:05 pm
TSLA comes to mind...
Plus the capital losses count against your income for the first $3k...
by Tanelorn
Thu Feb 28, 2019 2:21 pm
Forum: Investing - Theory, News & General
Topic: Has anyone heard of HDO on Seeking Alpha?
Replies: 6
Views: 363

Re: Has anyone heard of HDO on Seeking Alpha?

This is the service OP is talking about, basically a $50/month newsletter focused on high yield securities. https://seekingalpha.com/checkout?service_id=mp_1006 They own high yield, below investment grade securities and hope nothing bad happens. The risk is always there, and sometimes shows up, beca...
by Tanelorn
Tue Feb 26, 2019 6:46 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Seems to be working now, not sure why it’s being glitchy lately.
by Tanelorn
Thu Feb 21, 2019 6:41 am
Forum: Personal Investments
Topic: GLD (SPDR Gold Shares) and Taxes
Replies: 37
Views: 12499

Re: GLD (SPDR Gold Shares) and Taxes

Cdgoldin - your persistence, scare mongering hyperbole (“record-keeping nightmare”, “guaranteed audit”), and inconsistencies on this topic do a disservice to less informed readers who are just trying to understand the law so they can pay their appropriate taxes. Why should I believe you over Robert ...
by Tanelorn
Wed Feb 20, 2019 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: What net worth supersedes Bogleheads’s strategy
Replies: 123
Views: 10368

Re: What net worth supersedes Bogleheads’s strategy

This guy got to over $2B with buy and hold stocks for the long term, things like Apple, Microsoft, GE, etc. he was an optometrist whose inventions eventually sparked a successful but still fairly small business, the profits from which he invested in the market. https://www.forbes.com/sites/maddieber...
by Tanelorn
Wed Feb 20, 2019 2:22 pm
Forum: Personal Investments
Topic: GLD (SPDR Gold Shares) and Taxes
Replies: 37
Views: 12499

Re: GLD (SPDR Gold Shares) and Taxes

A long time ago when we traded individual stocks we invested in GLD and SLV. It was then that I learned they were considered "collectables" and not stocks as they are held in trust. ** I assumed that wash sale rules were in effect as they are considered a security and not the sale of physical coins...
by Tanelorn
Sat Feb 16, 2019 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: What net worth supersedes Bogleheads’s strategy
Replies: 123
Views: 10368

Re: What net worth supersedes Bogleheads’s strategy

livesoft wrote:
Sat Feb 16, 2019 8:29 pm
Other than "start a business" or "win a lottery" or "inherit a lot of money" what else are you looking for?
Beat the market? A little leverage and 30% returns and you'll get to your target in a hurry.
by Tanelorn
Wed Feb 13, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Sears stock, bankruptcy notwithstanding, has traded strongly the last week and is now up to around $2.25. You can read about Eddies vision for the new company going forward below, including plans to ideally take it public again at some point, in his interview below: https://www.wsj.com/articles/edwa...
by Tanelorn
Tue Feb 12, 2019 2:57 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Sensors have detected an excessive force pulling my LaGrange Point fund out of equilibrium. Please freeze my MXWL position. LadyGeek - your long MXWL has been sold at Friday’s close per your instructions. Your price was $4.66 for an 87% gain. Congratulations! Good luck with your remaining short pos...
by Tanelorn
Tue Feb 12, 2019 1:33 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Is Tanelorn Capital's current -370.00% return a new record? :D Currently -540% as Sears stock rose above $2 today, from the contest starting price of $0.30. All these expert fund managers and no one was contrarian enough to go long the bankrupt dying retail chain - go figure. But that’s how you mak...
by Tanelorn
Fri Feb 08, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

@blackcat - it’s not you, Google Finance has been screwy for the last couple days. Some of the prices are wrong (TWTR at $600), others aren’t being pulled up at all, etc. if they don’t fix it soon, I may switch to a different quote source. If you want to close one, or both!, of your SIRI positions, ...
by Tanelorn
Fri Feb 08, 2019 5:23 am
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Sensors have detected an excessive force pulling my LaGrange Point fund out of equilibrium. Please freeze my MXWL position. Or, it could be this: Tesla bought Maxwell Technologies for $218 million, but not for its ultracapacitors — Quartz Anomaly analysis indicates Tesla's ability to close this dea...
by Tanelorn
Wed Feb 06, 2019 6:40 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120417

Re: HEDGEFUNDIE's excellent adventure [3x leveraged ETF strategy]

You see where I am going with this. If someone was actually able to hold on for the entire 32 years of the backtest, he / she would be sitting on $100M right now. At what point would you bail on the strategy, and why? Maybe you’d want to preserve your profits in a way that couldn’t get hit with som...
by Tanelorn
Wed Feb 06, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120417

Re: HEDGEFUNDIE's excellent adventure [3x leveraged ETF strategy]

HedgeFundie isn't using margin. With that said, I would hope Bogleheads wouldn't use margin to buy leveraged ETFs. The SEC increased the margin requirements on leveraged ETFs years ago, so you don’t get much if any margin on them even if you wanted. https://www.finra.org/sites/default/files/NoticeD...
by Tanelorn
Wed Feb 06, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1767
Views: 120417

Re: HEDGEFUNDIE's excellent adventure [3x leveraged ETF strategy]

There’s nothing like actually trading an idea to see how it works, instead of just backtesting how you imagine it might go. As with any long term, multi-decade experiment, you only live once so you’re either in the experimental group or the control group. Good luck!
by Tanelorn
Fri Feb 01, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Oh Happy Day... One of quotes for my shorts (P) delayed, position showing 0 and up 100% on spreadsheet. I took screen capture and download of rankings - because, alas, I fear victory is fleeting. Pandora was bought by Sirius yesterday, so the stock doesn’t exist anymore and that’s why it’s showing ...
by Tanelorn
Mon Jan 28, 2019 11:07 pm
Forum: Investing - Theory, News & General
Topic: Why do companies rarely issue new stock?
Replies: 45
Views: 2928

Re: Why do companies rarely issue new stock?

Some do raise capital, if they need it, others don’t. It just depends on the business. Large stable dividend paying stocks have extra capital produced by the business, and pay it out as dividends, so they’re not going to be raising new equity. Growing or cash strapped businesses might sell equity to...
by Tanelorn
Mon Jan 28, 2019 11:03 pm
Forum: Personal Investments
Topic: PG&E stock or ETF at Vanguard?
Replies: 26
Views: 2097

Re: PG&E stock or ETF at Vanguard?

I hope nobody had any of this left by the end of today.
by Tanelorn
Mon Jan 28, 2019 12:05 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Meanwhile, INSY keeps going Up in Smoke! Sounds like the INSY execs will be lucky to avoid jail for their sleazy and aggressive promoting of opioid drug sales. https://www.bostonglobe.com/metro/2019/01/27/opioid-company-executives-set-trial-boston-monday/VCwGgRjHwdfh7uSWzRWsYO/story.html?event=even...
by Tanelorn
Sat Jan 26, 2019 1:43 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 291
Views: 25535

Re: What lifestyle creep made you happier?

I don't think there is much in the way of lifestyle creep which actually makes us happier . We do spend additional money on a variety of luxuries, most of which we find convenient or useful, but I don't think of it as bringing happiness. Happiness is internally generated, not externally. But it’s h...
by Tanelorn
Fri Jan 25, 2019 1:14 pm
Forum: Personal Investments
Topic: PG&E stock or ETF at Vanguard?
Replies: 26
Views: 2097

Re: PG&E stock or ETF at Vanguard?

DB2 wrote:
Fri Jan 25, 2019 12:11 pm
I agree, I would just pass on this. As of writing this, I see it's down 12.4% already.
So you’re saying it was a good short and OP was a good contrary indicator? :)
by Tanelorn
Fri Jan 25, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Implementing a wealth tax
Replies: 64
Views: 3281

Re: Implementing a wealth tax

The biggest implementation barrier would be systems and resources to account for financial assets currently held in off-shore shell companies and other tax avoidance schemes. Easy enough to tax real estate and property - much harder to identify and tax off-shore assets which the tax base in questio...
by Tanelorn
Fri Jan 25, 2019 6:57 am
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

For 2017 wildfires. Still bad for the PCG shorts. Meanwhile, INSY keeps going Up in Smoke! Correct on the fire liability news only applying to the prior years much less expensive and damaging fires, although the news was enough to cause PCG stock to double off its lows and shake up the leaderboard....
by Tanelorn
Thu Jan 24, 2019 6:09 pm
Forum: Personal Investments
Topic: Wunder Capital - solar lending as an investment - Thoughts?
Replies: 9
Views: 893

Re: Wunder Capital - solar lending as an investment - Thoughts?

Solar might be good for clean energy, but it has been a huge black hole for billions of shareholder money. Don’t let your dollars make the same mistake.

http://fortune.com/2015/08/27/remember- ... a-mistake/
by Tanelorn
Tue Jan 22, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Greenland: Disko Bay, Ilulissat (and Arctic Umiaq'a Sarfaq Ittuk)
Replies: 15
Views: 765

Re: Greenland: Disko Bay, Ilulissat (and Arctic Umiaq'a Sarfaq Ittuk)

You may find these travel companies itineraries useful or interesting in considering your trip. https://www.expeditions.com/destinations/polar-regions/arctic/itineraries/exploring-greenland-and-the-canadian-high-arctic/overview/ https://www.nathab.com/alaska-northern-adventures/greenland-nature-adve...
by Tanelorn
Mon Jan 21, 2019 9:41 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

A quick recap of the contest so far. dumb_luck is off to an impressive start with 27% gains in just two weeks, driven mostly by his single short pick of PG&E (PCG), the troubled California utility that may face bankruptcy due to their wildfire liabilities from last summer. PCG has fallen just over 6...
by Tanelorn
Sun Jan 20, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 44
Views: 3307

Re: How long until we see negative ER funds?

“If you think investing is expensive now, wait til you see what it costs when it’s free” It’s a marketing trick to make you stop thinking about the real costs, which are still there for sure, only now they’re better hidden and you can’t easily comparison shop. It's about competitive forces - compet...
by Tanelorn
Fri Jan 18, 2019 6:20 am
Forum: Personal Finance (Not Investing)
Topic: How long until we see negative ER funds?
Replies: 44
Views: 3307

Re: How long until we see negative ER funds?

Fine people that they are at Vanguard, they do not work for free. Other firms work for more and have shareholder profits and taxes to pay as well. In short, it is not free, let alone negative cost, to run an index fund. This should be obvious, even with some minor securities lending revenue which pr...
by Tanelorn
Wed Jan 16, 2019 2:49 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

I checked and you are down over 100%. How does one lose more than 100%? :D Ask OptionsSellers.com’s clients - they lost 125% recently. The short answer is - margin or short selling. Should we CAP the losses at 100% so you can't go any further? Or should we let it ride and see how negative it can ge...
by Tanelorn
Wed Jan 16, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

1. Declare drk & dumb_luck the winners. I didn't see anyone else short PCG 2. Continue but have drk & dumb_luck start a real hedge fund and invest. Ladycat is also short PCG - she’s in 3rd. However, I’m definitely not giving up. Just because Tanelorn Capital is down 125% currently(!) on the news th...
by Tanelorn
Wed Jan 16, 2019 9:03 am
Forum: Investing - Theory, News & General
Topic: PG&E Bonds
Replies: 49
Views: 5286

Re: PG&E Bonds

Realize this thread is speaking to PG&E bonds, but I’m curious on BH views on the stock. That is, will PG&E declare bankruptcy with stockholders wiped out? Very likely for bankruptcy - They already missed a bond payment and no bailout appears forthcoming from CA. As for the stock, probable wipeout ...
by Tanelorn
Tue Jan 15, 2019 1:09 am
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 207
Views: 12648

Re: 2019 Hedge Fund Contest

Congrats to ladycat, drk, and Dumb Luck for their shorts of the troubled CA utility company, PG&E (PCG). They announced this morning they are filing for bankruptcy in response to the legal liabilities associated with the their possible role in the recent wildfires. https://www.businesswire.com/news...