Search found 2875 matches
- Fri Mar 24, 2023 2:51 pm
- Forum: Personal Investments
- Topic: taxable and tax deferred accounts
- Replies: 12
- Views: 1188
Re: taxable and tax deferred accounts
I have a good amount of my taxable account money in Berkshire Hathaway, BRKB. I like that there are no dividends or earnings.
- Sat Mar 18, 2023 12:09 pm
- Forum: Personal Investments
- Topic: Real Estate Investments
- Replies: 18
- Views: 3075
Re: Real Estate Investments
With picking the right properties and location and doing as much as possible yourself, there are tremendous gains to be had. I have invested in residential real estate, single-family homes and manage them myself long distance. It’s not a tremendous amount of work. I do my own taxes and bookkeeping. I hire specialists to fix things that are outside of my capabilities. If you want tremendous gains, and yet be very hands off, this wouldn’t be the right pathway. I’m very much a DIY person so it suits me well.
- Thu Sep 22, 2022 11:48 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
I usually stop there just to get their spicy lentil soup. It will be a treat for me to have a full dinner there.
- Thu Sep 22, 2022 11:47 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
I want to have a full dinner but we can request separate checks, unless we are going to share everything.
- Thu Sep 22, 2022 10:37 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
I requested a reservation at Gurkhas just to secure a place for us with no waiting but can adjust based on feedback today.
- Thu Sep 22, 2022 10:27 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Baek to hyang isn’t open today. I will check on the others.
- Thu Sep 22, 2022 10:22 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Sounds great, Matt! I think somewhere with interesting food would be great to enjoy with our conversation. I have a few suggestions but am open to other preferences: 1) Gurkhas for Indian food near 215 and 3300 south 2) Baek ri hyang on State st near 3300 south, Korean 3) Little Saigon, near 2100 south and 900 east. Little Saigon is the most casual of the three and least expensive. You order at the counter and get your table and they bring the food to you. All three should have plenty of capacity to seat us, especially the first two which are larger establishments. There’s also Jinya Ramen somewhere near Murray and a little south. I think there are just three of us coming tonight. If anyone has dietary restrictions and needs a different typ...
- Thu Sep 22, 2022 9:10 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
What part of salt lake are you coming from robert?
- Mon Sep 19, 2022 7:24 pm
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Prior suggestion of topics:
Social kickoff - simply get to know one another
Investing 101 - perhaps make this a bring a friend event so we can help others learn about Boglehead principles.
Tools for managing investments, budgeting, etc.
Retirement planning
Index investing
Factor investing
Bond Investing 101
Alternative investments (Real Estate, Crypto, P2P lending, etc.)
Teaching the next generation to invest
Tax smart investing
FIRE
Rebalancing strategies
Drawdown strategies
Asset protection
Non-investing personal finance (Debt paydown, budgeting, making housing decisions, etc.)
Tax strategies
Estate planning
Real estate
Social kickoff - simply get to know one another
Investing 101 - perhaps make this a bring a friend event so we can help others learn about Boglehead principles.
Tools for managing investments, budgeting, etc.
Retirement planning
Index investing
Factor investing
Bond Investing 101
Alternative investments (Real Estate, Crypto, P2P lending, etc.)
Teaching the next generation to invest
Tax smart investing
FIRE
Rebalancing strategies
Drawdown strategies
Asset protection
Non-investing personal finance (Debt paydown, budgeting, making housing decisions, etc.)
Tax strategies
Estate planning
Real estate
- Mon Sep 19, 2022 7:17 pm
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
I will try to make it. I am coming from Park city.
- Sat Sep 10, 2022 9:46 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
That’s great that both of you are available! Let’s see how many others can join us and where everyone is located and we can try to figure out a central location for most people.
- Thu Aug 25, 2022 11:21 pm
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Am still interested… can we aim for between 9/22-9/25? I am traveling otherwise.
- Sun May 29, 2022 9:15 pm
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Oh yikes! I hope people are staying safe so you won’t be too busy. Hope to catch you guys another time then.
- Thu May 26, 2022 9:19 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
Is anyone interested in getting together this weekend? Maybe meet for coffee somewhere central slc?
- Thu Oct 28, 2021 9:27 am
- Forum: Personal Finance (Not Investing)
- Topic: Struggling with spouse SAH vs. different job/career decision
- Replies: 72
- Views: 8940
Re: Struggling with spouse SAH vs. different job/career decision
OP, you didn’t say whether or not your wife still has debt from medical school or if you live in a high cost area. If you do, these things with tend to lean towards working or at least working part time. As others have mentioned, working for an HMO or a company, she wouldn’t have to worry about the day-to-day business of a private practice. I’m always surprised when one spouse stays at home, if the other spouse has a high-pressure job. I couldn’t imagine watching my spouse go to work while I stayed at home. Even if the stay at home spouse worked part time, this could offset the cost of retirement. I work full-time, teach part time, and do all the meal prep, cleaning, and yard work. Even with one child, I never thought of the things that ne...
- Sun Jul 04, 2021 8:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
Using this new metric, I am at 107x spending (doesn't include my pension which I estimate at 3-4 million). Still working full time. Like many others, I made huge gains in the past year, especially in real estate.
- Sun Jul 04, 2021 8:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 4273
- Views: 1072159
Re: Share your net worth progression
Using this new metric, I am at 107x spending (doesn't include my pension which I estimate at 3-4 million). Still working full time. Like many others, I made huge gains in the past year, especially in real estate.
- Thu Mar 11, 2021 4:03 pm
- Forum: Investing - Theory, News & General
- Topic: State taxes and out of state rental property
- Replies: 28
- Views: 8936
Re: State taxes and out of state rental property
Thanks for the follow up, WCI! Did you end up filing in Virginia in 2014, paying turbotax $45 in order to pay VA $18? Just wondering if you paid in order to track the losses and avoid audit risk?
- Thu Mar 11, 2021 1:34 pm
- Forum: Investing - Theory, News & General
- Topic: State taxes and out of state rental property
- Replies: 28
- Views: 8936
Re: State taxes and out of state rental property
Do I really have to fill out a non-resident state income tax return if I have a rental property in another state? Partly you're filing the VA tax return to prove to VA that you don't owe them tax... and this is often an important protective step... (I''ve seen CA go after a client because he skipped a nonresident return with about $12 of income on it... And I've had a client or two from VA get into similar arguments with state revenue agents.) furthermore, even if you don't owe any tax and want to skip paying Intuit, you may practically speaking need to do the return to correctly accumulate the passive suspended losses for the VA property. I don't want to be snarky or rude, but it may be that investing in out of state real estate or out of...
- Sun Mar 07, 2021 1:34 am
- Forum: Personal Consumer Issues
- Topic: Cosmetic / Plastic surgery - advice please
- Replies: 28
- Views: 5358
Re: Cosmetic / Plastic surgery - advice please
I've also been researching myself of course, and I've been looking at the Board Certification of some of the doctors in our area. Some are certified by the American Board of COSMETIC Surgery and some are certified by the American Board of PLASTIC Surgery. But both appear to do facial type cosmetic surgeries (among other types of surgeries). The COSMETIC Board website implies that we should only be looking at THEIR doctors because in order to be a Board certified cosmetic surgeon he/she has to have more cosmetic experience while plastic surgeons do cosmetics and reconstruction, which isn't the same. So if we find a doctor that is certified by the Plastic Surgery Board vs. the Cosmetic Surgery Board should we ignore surgeons that aren't cert...
- Fri Feb 12, 2021 3:27 pm
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City Bogleheads
Why don't we set a date and whoever can attend can do so? I will plan for the last Saturday this month, at 11 am. Location TBD but likely in Central SLC. Just write on this thread if you can attend.
- Sun Nov 01, 2020 9:43 pm
- Forum: Personal Consumer Issues
- Topic: removed
- Replies: 136
- Views: 10742
Re: Heat - What do you set your temps to in Winter?
Heat 58, cool 72 overnight
- Fri Oct 30, 2020 10:58 pm
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City Bogleheads
Great, thanks! We can meet in a central location, maybe even a park or do it by Zoom.
- Fri Oct 30, 2020 10:57 pm
- Forum: Personal Finance (Not Investing)
- Topic: Typical cleaning expenses after rental lease?
- Replies: 36
- Views: 4039
Re: Typical cleaning expenses after rental lease?
They should absolutely provide a proper itemization of charges. I am a landlord and they really sound out of line. It's always my hope to be able to refund the entire deposit as it means the transaction was seamless. I hate having to withhold deposit and at times when the damages exceeded the deposit, I have not pursued it. I always have pictures that I share that clearly show the damages. Good luck and let us know the outcome.
- Thu Oct 15, 2020 11:31 pm
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City Bogleheads
Let's just set something up in a couple of weeks and see if people see this thread. How about Sunday, 11/1/20 @ 11 am? Looks like people from Ogden to Draper so maybe meet in Sugarhouse area?
- Wed Sep 30, 2020 9:21 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City Bogleheads
I am up for meeting.
- Thu Jul 02, 2020 2:36 am
- Forum: Personal Finance (Not Investing)
- Topic: Landlords: How are you doing this year?
- Replies: 163
- Views: 24132
Re: Landlords: How are you doing this year?
Also lucky all rents have been paid. I discovered that one of the rents wasn’t paid a month ago due to the tenants bank screwing up. Late fees are a few hundred dollars. Tenant was upset about the late fees but I think their bank should pay for failure to deliver on their bill pay service... so far bank refuses.
- Fri Jun 19, 2020 11:05 am
- Forum: US Chapters
- Topic: Salt Lake City (or Wasatch Front) Bogleheads? Or Both?
- Replies: 123
- Views: 39843
Re: Salt Lake City Bogleheads
I would love to attend a meeting. Best dates for me are the end of June: June 27th or 28th or 29th would be best. If others are interested, I can coordinate if no one else can.
- Sun May 17, 2020 10:29 pm
- Forum: Personal Investments
- Topic: Do you Max for 401k then go for mega backdoor or both concurrently?
- Replies: 14
- Views: 1416
Re: Do you Max for 401k then go for mega backdoor or both concurrently?
I max my 401k and back door Roth IRA Asap and then I do the mega back door Roth IRA. Pretty much the first quarter is spent doing all of this.
- Wed May 13, 2020 11:14 pm
- Forum: Personal Consumer Issues
- Topic: What frugal thing did you do today?
- Replies: 4522
- Views: 617038
Re: What frugal thing did you do today?
I changed a solenoid which was a new experience for me.
I also changed a ceiling fan light switch.
I bought a bunch of 4" pop up sprinklers at 2/3rds off normal price.
I have been doing my own pool maintenance with backwashing etc.
To offset all these DIY projects, I have spent over 2k at Costco just consuming.
I also changed a ceiling fan light switch.
I bought a bunch of 4" pop up sprinklers at 2/3rds off normal price.
I have been doing my own pool maintenance with backwashing etc.
To offset all these DIY projects, I have spent over 2k at Costco just consuming.
- Wed May 13, 2020 11:06 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11037
- Views: 2066317
Re: What Movie Have You Recently Watched?
I loved this as well. It's so amazing that you were totally unfamiliar with Mr. Rogers prior to the films... a new generation.bowtie wrote: ↑Mon Apr 27, 2020 11:24 pm Prime Video - "It's A Beautiful Day in the Neighborhood" with Tom Hanks. Wasn't expecting to like it and thought it excellent. Hanks is great as is Matthew Rhys. Really impressed with the film. (Totally unfamiliar with Rogers prior to seeing the documentary of him from the year before).
- Wed May 13, 2020 11:02 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11037
- Views: 2066317
- Sat Apr 04, 2020 1:14 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11037
- Views: 2066317
Re: What Movie Have You Recently Watched?
It's the clever one. I am a fan.
- Sat Apr 04, 2020 1:12 pm
- Forum: Personal Consumer Issues
- Topic: What are you doing for haircuts due to coronavirus shutdown?
- Replies: 258
- Views: 27206
Re: What are you doing for haircuts due to coronavirus shutdown?
I am a woman and have been cutting my own hair for about 20 years now. My hair is very long so it is easy. I get compliments on it all the time and I love all the money I have saved.
- Sat Apr 04, 2020 1:05 pm
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11037
- Views: 2066317
Re: What Movie Have You Recently Watched?
I really enjoyed watching the spy with Sacha Baron-Cohen on Netflix. This is different from London spy which I have not watched yet.
- Mon Mar 30, 2020 2:18 pm
- Forum: Personal Investments
- Topic: sell-all and wash sale rule question
- Replies: 39
- Views: 4014
Re: sell-all and wash sale rule question
Thanks so much, iceport.^
- Mon Mar 30, 2020 12:34 pm
- Forum: Personal Investments
- Topic: sell-all and wash sale rule question
- Replies: 39
- Views: 4014
Re: sell-all and wash sale rule question
Just a question for clarification of details:
I bought vbr on 3/5 in one bank's account and again around 3/10/20 in a different bank's account (all taxable accounts, not 401k/IRA). I sold all the vbr in the second account which had been purchased on 3/10/20. I have not bought any more vbr but forgot about the buy on 3/5/20 in the first account. I sold all of that today. Will I get the tax loss harvest for both sales without incurring the wash sale rule since I never bought any more replacement shares even though I had bought within the prior 30 days? Even if I didn't sell all in one day in all accounts? I am just not sure if the "sell all" has to be in all accounts on the same day. Thanks.
I bought vbr on 3/5 in one bank's account and again around 3/10/20 in a different bank's account (all taxable accounts, not 401k/IRA). I sold all the vbr in the second account which had been purchased on 3/10/20. I have not bought any more vbr but forgot about the buy on 3/5/20 in the first account. I sold all of that today. Will I get the tax loss harvest for both sales without incurring the wash sale rule since I never bought any more replacement shares even though I had bought within the prior 30 days? Even if I didn't sell all in one day in all accounts? I am just not sure if the "sell all" has to be in all accounts on the same day. Thanks.
- Tue Mar 24, 2020 2:52 pm
- Forum: Personal Investments
- Topic: Hoping for help on first tax loss harvesting scenario
- Replies: 13
- Views: 959
Re: Hoping for help on first tax loss harvesting scenario
I thought that you are getting out of paying taxes on capital gains that you would've without the offset of the loss?Monsterflockster wrote: ↑Tue Mar 24, 2020 2:43 pm Just remember you’re not getting out of paying taxes, you’re reducing taxes now to pay more later...
Of course, the hope is that the replacement choices grow tremendously and create gains that you will be taxed on in the future but I thought tax loss harvesting was a net positive and gain by reducing Taxes on gains you would have had to pay if you did not make this lane change.
- Tue Mar 24, 2020 2:45 pm
- Forum: Personal Investments
- Topic: sell-all and wash sale rule question
- Replies: 39
- Views: 4014
Re: sell-all and wash sale rule question
Note that if you bought shares in the last 30 days, the brokerage may report an irrelevant wash sale, because it views the transaction as two transactions: Last year, you bought 100 shares at $25. Last week, you bought 100 shares at $30. At 10:00:00.000000 today, you sell last year's shares for $20, and your $500 capital loss is a wash sale; the $500 is added to the basis of last week's shares. At 10:00:00.000001 today, you sell last week's shares for $20, and you have a capital loss of $1500 on those shares. What if you sell all your shares in one transaction? Both last year and last week's shares? That is my example above. If you try to sell all shares in one transaction, the brokerage might report it as two transactions because it views...
- Tue Mar 24, 2020 12:29 am
- Forum: Personal Investments
- Topic: sell-all and wash sale rule question
- Replies: 39
- Views: 4014
Re: sell-all and wash sale rule question
Note that if you bought shares in the last 30 days, the brokerage may report an irrelevant wash sale, because it views the transaction as two transactions: Last year, you bought 100 shares at $25. Last week, you bought 100 shares at $30. At 10:00:00.000000 today, you sell last year's shares for $20, and your $500 capital loss is a wash sale; the $500 is added to the basis of last week's shares. At 10:00:00.000001 today, you sell last week's shares for $20, and you have a capital loss of $1500 on those shares. So the recent purchase is an allowed TLH but the purchase last year is not allowed for TLH? Even if you have sold all shares everywhere? A wash sale occurs if you sell for a capital loss and you have replacement shares purchased 30 da...
- Tue Mar 24, 2020 12:10 am
- Forum: Personal Consumer Issues
- Topic: What Movie Have You Recently Watched?
- Replies: 11037
- Views: 2066317
Re: What Movie Have You Recently Watched?
"The Lehman Trilogy" Directed by Sam Mendes and Ben Power. This is a movie that was filmed of a play live on stage in London and is now being shown in smaller theaters by National Theatre Live. "How do you tell an epic story with just three actors and a piano?" I have seen this film twice. It is riveting. You've never seen anything like it. Only three extraordinary actors play all the parts, in the same costumes, in the same setting, with few props and backdrops, with only a piano accompaniment - they tell the Lehman Brothers story spanning 160 years, from its beginning in Montgomery, Alabama, to its bankruptcy in the 2008 recession. It's acting and story-telling at its best. Here is the link to National Theatre Live &q...
- Sun Mar 22, 2020 3:16 pm
- Forum: Personal Investments
- Topic: Wash sale rule question
- Replies: 16
- Views: 875
Re: Wash sale rule question
What if you held the stock or ETF in two different banks? Do you have to sell all of it at the same time in all accounts or can you still tax loss harvest if you sell on different days but ultimately liquidate and sell all holdings of that particular stock or ETF, even if you had bought some recently within the prior 30 days?
- Sun Mar 22, 2020 2:59 pm
- Forum: Investing - Theory, News & General
- Topic: It's Not Different This Time
- Replies: 379
- Views: 48429
Re: It's Not Different This Time
... Stay the course. We don't know how deep this bear will go. We don't know when it will end. But we do know two things: # 1 It will end. # 2 Those who continue to follow their reasonable written plan will be glad they did so on the other side of it while those who panicked and sold low will regret their actions. Good luck investing. Stay healthy. Many forum participants seem to misunderstand what is meant by "It's not different this time," because they immediately respond with something like "but it is different this time, because never before have we had [fill in the compelling narrative] " In a bear market, there is always a compelling narrative about how "this time it's different." That's why it is used b...
- Thu Mar 19, 2020 10:04 pm
- Forum: Personal Investments
- Topic: sell-all and wash sale rule question
- Replies: 39
- Views: 4014
Re: sell-all and wash sale rule question
So the recent purchase is an allowed TLH but the purchase last year is not allowed for TLH? Even if you have sold all shares everywhere?grabiner wrote: ↑Thu Mar 19, 2020 9:16 pm Note that if you bought shares in the last 30 days, the brokerage may report an irrelevant wash sale, because it views the transaction as two transactions:
Last year, you bought 100 shares at $25.
Last week, you bought 100 shares at $30.
At 10:00:00.000000 today, you sell last year's shares for $20, and your $500 capital loss is a wash sale; the $500 is added to the basis of last week's shares.
At 10:00:00.000001 today, you sell last week's shares for $20, and you have a capital loss of $1500 on those shares.
- Thu Mar 19, 2020 3:11 pm
- Forum: Personal Investments
- Topic: Is there any reason to NOT tax loss harvest?
- Replies: 26
- Views: 1993
Re: Is there any reason to NOT tax loss harvest?
Also looking for clarification here, if I bought a stock within the past 30 days and decide to sell all holdings of that stock going back two years, is the wash sale problem only applicable to the recent portion that was bought within 30 days? Do I still get the benefit of tax loss harvesting for the purchases made prior to the 30 days? Thanks in advance.
- Thu Mar 19, 2020 1:22 am
- Forum: Personal Investments
- Topic: I am 16, Bogleheads help me be rich one day
- Replies: 114
- Views: 10111
Re: I am 16, Bogleheads help me be rich one day
I think you are off to a great start already. In general, maximize your Roth IRA and I would be aggressive in my asset allocation. I think I was 100% equities until the age of 40 because it was money I didn’t need and I had time to recover.
Invest in your education or whatever it takes to maximize your income... I consider it the get rich slow pathway. I find it to be less volatile and more bankable.
Invest in your education or whatever it takes to maximize your income... I consider it the get rich slow pathway. I find it to be less volatile and more bankable.
- Thu Mar 19, 2020 1:13 am
- Forum: Investing - Theory, News & General
- Topic: 2020 COVID Crash Lessons
- Replies: 162
- Views: 20046
Re: 2020 COVID Crash Lessons
Some things you kind of have to experience to fully appreciate and learn. I'm not a fan of knee-jerk reactions, but I'm seeing a few things that are changing my thoughts on a few things and will likely lead to some small changes down the road. 1) Asset Allocation I'm actually ok with my retirement accounts - they are getting absolutely destroyed right now, but I have decades until I'm going to touch them, so I can feel bad about it but not worry too much. Like some other people, however, I've split my emergency fund up into tiers. Several months of cash, several months of bonds, several months of stocks. This felt like a reasonable compromise between keeping up with inflation and keeping the money fairly stable/liquid. As I've watched a lo...
- Thu Mar 19, 2020 1:04 am
- Forum: Investing - Theory, News & General
- Topic: 2020 COVID Crash Lessons
- Replies: 162
- Views: 20046
Re: 2020 COVID Crash Lessons
Thanks!bluquark wrote: ↑Thu Mar 19, 2020 12:56 amLong-term treasuries have gone up because they're a haven in terms of credit risk and because they go up when interest rate expectations drop. The downside is that they could someday crash if interest rate expectations rise instead of dropping.travellight wrote: ↑Thu Mar 19, 2020 12:53 amWhy is this so high? What is the downside to this holding?
- Thu Mar 19, 2020 12:53 am
- Forum: Investing - Theory, News & General
- Topic: 2020 COVID Crash Lessons
- Replies: 162
- Views: 20046
Re: 2020 COVID Crash Lessons
I still don’t understand this, or how to assess it when selecting bond funds. Any help would be appreciated. The gold-standard (no pun intended) for liquidity in fixed income (and probably any asset class) in the world is U.S. Treasuries. Everything else gets measured by that standard. Municipal bonds have much 'thinner' markets. For the most part, they're only appealing to a fairly narrow segment of the population. As a result, if a significant number of muni bond holders want to sell, there may not be enough buyers to go around, and the result is prices drop. Consequently, year-to-date, Vanguard's VWITX has lost 2.84%, while the Treasury counterpart VFIUX is up 3.83%. As SimpleGift pointed out, fixed income holders should keep in mind th...
- Thu Mar 12, 2020 11:10 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4651429
Re: U.S. stocks in free fall
I sold my small caps in taxable to tax loss harvest and will buy back over time. Didn’t sell anything in 401k or Roth’s.