Search found 8189 matches

by arcticpineapplecorp.
Thu Aug 05, 2021 7:57 pm
Forum: Personal Investments
Topic: Investment advice needed.
Replies: 6
Views: 343

Re: Investment advice needed.

ITOT great for longer term. For 2 - 3 year time frame you might get lucky and you might not. This is kind of my fear. ITOT is not safe because it can drop in price. You can tell us whether you can withstand a 10%, a 20%, a 30%, a 40% drop in the price of your investment in the next 2 or 3 years and...
by arcticpineapplecorp.
Wed Aug 04, 2021 8:03 pm
Forum: Investing - Theory, News & General
Topic: Is the collective wisdom of the market all knowing?
Replies: 58
Views: 2886

Re: Is the collective wisdom of the market all knowing?

I brought up moderna as my friend lambasted me this AM for dissuading him from buying it and rec buying total world index instead. So I'll be forwarding the discussion to him as it illustrates my original argument. you can send him whatever you want, but if he believes buying individual stocks is t...
by arcticpineapplecorp.
Wed Aug 04, 2021 6:00 pm
Forum: Investing - Theory, News & General
Topic: Is the collective wisdom of the market all knowing?
Replies: 58
Views: 2886

Re: Is the collective wisdom of the market all knowing?

I brought up moderna as my friend lambasted me this AM for dissuading him from buying it and rec buying total world index instead. So I'll be forwarding the discussion to him as it illustrates my original argument. you can send him whatever you want, but if he believes buying individual stocks is t...
by arcticpineapplecorp.
Wed Aug 04, 2021 3:50 pm
Forum: Investing - Theory, News & General
Topic: Is the collective wisdom of the market all knowing?
Replies: 58
Views: 2886

Re: Is the collective wisdom of the market all knowing?

I'm confused by the efficient market concept that the market can predict all future cash flow ect and that is baked into the price. I know this is the case usually. But with moderna for example, I did no buy these stocks one year ago as I assumed this was baked into the price. That the price reflec...
by arcticpineapplecorp.
Tue Aug 03, 2021 8:11 pm
Forum: Personal Investments
Topic: understanding expense ratios
Replies: 29
Views: 2223

Re: understanding expense ratios

Jack Bogle used to say, "Returns come and go but fees are forever." others say, control what you can and don't worry about that which you can't control. since you can't control returns, you have to accept what the market gives. but you do have control over what your investments cost you. S...
by arcticpineapplecorp.
Tue Aug 03, 2021 8:04 pm
Forum: Investing - Theory, News & General
Topic: Index vs [ETF]
Replies: 14
Views: 1186

Re: Index vs ETC

roth_stuff wrote: Tue Aug 03, 2021 8:03 pm ETF. Etc is typo
you could edit the original title of the post.
by arcticpineapplecorp.
Tue Aug 03, 2021 8:02 pm
Forum: Investing - Theory, News & General
Topic: Wellington fund
Replies: 10
Views: 2385

Re: Wellington fund

one guess besides the bond performance relative to stock peformance the first 10 years, is the lack of foreign holdings which didn't help and probably hurt over the last 20 years. only 7% (https://investor.vanguard.com/mutual-funds/profile/portfolio/vwelx) international holdings in wellington vs. 20...
by arcticpineapplecorp.
Tue Aug 03, 2021 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: how to rent from relative under HUD allowance in FL
Replies: 4
Views: 448

Re: how to rent from relative under HUD allowance in FL

since there's an outstanding loan on the home it will have to be: 1. sold to pay off the remaining balance of mortgage (either to family or stranger) 2. transferred to family member who wishes to assume/pay off remaining mortgage owed and can maintain upkeep of home 3. be foreclosed either by mortga...
by arcticpineapplecorp.
Tue Aug 03, 2021 6:59 pm
Forum: Investing - Theory, News & General
Topic: Index vs [ETF]
Replies: 14
Views: 1186

Re: Index vs ETC

what's an ETC? I mean I know what et cetera is, but did you mean ETF (F is close to C on the keyboard)?
by arcticpineapplecorp.
Tue Aug 03, 2021 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased relative assets managed by Ameriprise
Replies: 11
Views: 780

Re: Deceased relative assets managed by Ameriprise

ameriprise is not one of the companies you want to invest in. however, they will likely charge surrender fees to close the account, transfer money, etc. ask about all fees including surrender fees if you transfer out. contact another company of your choosing (vanguard, fidelity, schwab are recommend...
by arcticpineapplecorp.
Tue Aug 03, 2021 6:59 am
Forum: Investing - Theory, News & General
Topic: Why Even The Most Elite Investors Do Dumb Things When Investing--NPR
Replies: 21
Views: 4483

Why Even The Most Elite Investors Do Dumb Things When Investing--NPR

good article here: The economists' first big finding is that these financiers are real whizzes when it comes to buying stocks. They've got skills that could justify charging clients high fees. The average stock they choose to buy outperforms the random dart-throwing monkey by 1.2 percentage points. ...
by arcticpineapplecorp.
Mon Aug 02, 2021 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dead tenant, house is a mess
Replies: 39
Views: 9116

Re: Dead tenant, house is a mess

A friend of mine had a double murder at the rental unit he had owned for all of three months. It looked like something out of Scarface. No help from the “estate” but the insurance company remediated. It tools a few months but the unit eventually rented again. A complete disaster for him. Not to men...
by arcticpineapplecorp.
Mon Aug 02, 2021 4:11 pm
Forum: Personal Consumer Issues
Topic: Cost of cleaning out hoarder house
Replies: 25
Views: 3679

Re: Cost of cleaning out hoarder house

depends on how much stuff and if independent contractor or national service like 1-800-got-junk. i know someone who used the latter and paid $1500-$2000 but the person had 7 broken dryers in the basement, a big/heavy TV console (70s style) and numerous other junk. Get a quote, then you'll know for s...
by arcticpineapplecorp.
Mon Aug 02, 2021 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Please help victim of fraud
Replies: 33
Views: 2388

Re: Please help victim of fraud

This is so bizarre you may not believe it but it came from a professional source that I thought was running a test to see how quickly I could accomplish a task with explicit instructions. They wanted 5 gift cards immediately. I literally ran out of my house to get them to prove how responsive I was...
by arcticpineapplecorp.
Sun Aug 01, 2021 5:01 pm
Forum: Personal Investments
Topic: Should I utilize M1 Finance's 2% borrowing rate for leverage?
Replies: 31
Views: 2759

Re: Should I utilize M1 Finance's 2% borrowing rate for leverage?

the amount of risk is based on need, ability and willingness. sounds like you have the last 2 but not the need. why do it if you don't need to? greed. what could go wrong? need to read up on margin calls if that would be an issue. Also where's the money coming from to pay back the loan? Why wouldn't...
by arcticpineapplecorp.
Sun Aug 01, 2021 2:15 pm
Forum: Personal Investments
Topic: CT CHET 529 Tax Question
Replies: 3
Views: 264

Re: CT CHET 529 Tax Question

if you're not planning on contributing $10k of your own money next year AND you want the tax deduction next year, then wait to deposit the $10k gifted now until next year. If you are planning on contributing $10k next year to get that tax deduction (State only) then put in the other $10k now to get ...
by arcticpineapplecorp.
Sat Jul 31, 2021 9:19 pm
Forum: Personal Consumer Issues
Topic: Best Basic Watch
Replies: 58
Views: 3499

Re: Best Basic Watch

Timex for years had a series of live commercials with John Cameron Swayzee (never mind who he is... OK, father of actor Patrick Swayzee or is even that too old...) that illustrated their slogan, "Takes a licking and keeps on ticking." This says: He was survived by his widow and two childr...
by arcticpineapplecorp.
Sat Jul 31, 2021 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: How much financial support do you plan on giving to your kids after high school?
Replies: 177
Views: 13706

Re: How much financial support do you plan on giving to your kids after high school?

this study from Merrill Lynch suggests many parents spend two dollars supporting their adult children for every $1 they contribute to their own retirement: The study also found that nearly two-thirds of parents report having sacrificed their own financial security for the sake of their children. htt...
by arcticpineapplecorp.
Sat Jul 31, 2021 10:21 am
Forum: Investing - Theory, News & General
Topic: Intel
Replies: 23
Views: 1729

Re: Intel

The fact that the p/e is at a 12 relative to most high growth tech stocks which are 30 plus.... 1. it's been said before but worth saying again, p/e is not predictive in and of itself. 2. a company can go bankrupt. Sometimes low p/e may look to be a value play, but might end up a value trap (not sa...
by arcticpineapplecorp.
Fri Jul 30, 2021 11:29 am
Forum: Personal Investments
Topic: Tried to buy VWIUX in tIRA at Fidelity online and got denied
Replies: 31
Views: 2706

Re: Tried to buy VWIUX in tIRA at Fidelity online and got denied

since you're trying to buy a tax free investment in a tax free account I thought it would be worth mentioning:

don't buy a tax deferred annuity in a tax deferred account. (happens all the time to older/uninitiated people)
by arcticpineapplecorp.
Fri Jul 30, 2021 11:16 am
Forum: Investing - Theory, News & General
Topic: Why does a stock’s price seem to fall after it beats expectations?
Replies: 13
Views: 1492

Re: Why does a stock’s price seem to fall after it beats expectations?

Think about the following conversation:

Q: How's business going?
A: Amazing. We beat expectations. Business has been great. I don't see how it can get any better.

Would a business that "can't get any better" be a business you'd want to buy or sell?
by arcticpineapplecorp.
Thu Jul 29, 2021 7:27 pm
Forum: Personal Investments
Topic: Single stock non-inheritance windfall – $440k of ORLY all in my name
Replies: 34
Views: 3715

Re: Single stock non-inheritance windfall – $440k of ORLY all in my name

Real shame it wasn't purchased in a Roth IRA. The Roth IRA limit was only $2,000 in 1998. not to mention that the OP would have had to have earnings in 1998 equal to the Roth limit at that time. Was he old enough to work? If he's in his early 30's now and 1998 was 23 years ago...well, you can do th...
by arcticpineapplecorp.
Thu Jul 29, 2021 4:50 pm
Forum: Personal Investments
Topic: Single stock non-inheritance windfall – $440k of ORLY all in my name
Replies: 34
Views: 3715

Re: Single stock non-inheritance windfall – $440k of ORLY all in my name

Are there any tax implications I need to be aware of now that I am in full possession of these shares? What steps do I take to re-invest these shares in index funds, other stocks, bonds, etc? I legitimately do not know the basics of buying and selling stocks Is there a way to use a Roth IRA to my a...
by arcticpineapplecorp.
Thu Jul 29, 2021 4:19 pm
Forum: Investing - Theory, News & General
Topic: [Are You A Market Timer?]
Replies: 31
Views: 2971

Re: [Are You A Market Timer?]

Paul Merriman has said for years he is a buy and holder with 50% of his portfolio and a market timer with the other 50% of his portfolio (believe he uses 200 moving day average). He has a mechanical strategy for his market timing, doesn't deviate, and it's managed by a professional (not himself). Wh...
by arcticpineapplecorp.
Thu Jul 29, 2021 9:24 am
Forum: Investing - Theory, News & General
Topic: Direct Indexing Popularizing
Replies: 4
Views: 604

Re: Direct Indexing Popularizing

How do direct indexing products handle portability (moving to another brokerage), and capital gains reporting on tax returns? they talked briefly here: Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com...
by arcticpineapplecorp.
Wed Jul 28, 2021 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: K-12 Financial Literacy
Replies: 22
Views: 1895

Re: K-12 Financial Literacy

fortfun wrote: Tue Mar 05, 2019 8:20 pm I like the information that I found here:
https://www.smartaboutmoney.org/

SAM. Smart About Money. NOT backed by a bank, etc.
This website's coming down on July 31st.
by arcticpineapplecorp.
Wed Jul 28, 2021 3:29 pm
Forum: Personal Consumer Issues
Topic: [Need a product to deter chickens from being in flower beds]
Replies: 30
Views: 1417

Re: Chicken be gone!

No but I thought this was going to be another "Should I lump sum?" type question. My friend used to have one and it would fly over the fence into the neighbor's yard.
by arcticpineapplecorp.
Tue Jul 27, 2021 3:53 pm
Forum: Personal Consumer Issues
Topic: Home Printer?
Replies: 37
Views: 2355

Re: Home Printer?

Google “Brother printer toner hack” for a way to extend the life of Brother laser printer toner cartridges. thanks for the tip. will try that. just bought a brother black only laser and wished I had a long time ago. never buy another inkjet again. my brother laser printer was $99 cheaper than my in...
by arcticpineapplecorp.
Tue Jul 27, 2021 3:25 pm
Forum: Personal Investments
Topic: Conservative Dividend Investing
Replies: 32
Views: 2664

Re: Conservative Dividend Investing

... Linde, 3M, JNJ, Union Pacific etc. ... What are your opinions? I've known people who invested this way, but you have to be willing to walk away from a real dud, if you happen to own one. Look at the long term results for GE, which would have been on your list 20 or 30 years ago. The dividend no...
by arcticpineapplecorp.
Mon Jul 26, 2021 11:26 am
Forum: Personal Investments
Topic: Advice on possible elder abuse?
Replies: 19
Views: 1639

Re: Advice on possible elder abuse?

but also fear of how many other seniors are being pillaged like this. only thing to add is there are different ranges of pillaging. While he did worse than had he used low cost index funds, he still can get access to his money. I've seen people who were convinced to buy variable and indexed annuiti...
by arcticpineapplecorp.
Mon Jul 26, 2021 10:28 am
Forum: Investing - Theory, News & General
Topic: Why didn't John C. Bogle include a "funny money" strategy in the 2017 edition of "The Little Book?"
Replies: 24
Views: 2381

Re: Why didn't John C. Bogle include a "funny money" strategy in the 2017 edition of "The Little Book?"

To be clear, are we now saying it is Boglehead approved to have 5% of ones portfolio invested in whatever high risk investment of their choice with the full understanding it could go to zero, while still maintaining a 95% "safe" 3-fund portfolio? NO. According to Bogle, the 5% is to be ke...
by arcticpineapplecorp.
Sun Jul 25, 2021 11:15 am
Forum: Investing - Theory, News & General
Topic: Why didn't John C. Bogle include a "funny money" strategy in the 2017 edition of "The Little Book?"
Replies: 24
Views: 2381

Re: Why didn't John C. Bogle include a "funny money" strategy in the 2017 edition of "The Little Book?"

i don't know. but if we started referring to it as "toilet money" instead (as in money that will likely go down the drain) would people view that part of their money they're playing mental accounting games with differently? could the publisher talked him out of reprinting that part of the ...
by arcticpineapplecorp.
Sun Jul 25, 2021 10:19 am
Forum: Personal Consumer Issues
Topic: any reason NOT to get my catalytic converter etched through my local police dept
Replies: 57
Views: 4334

Re: any reason NOT to get my catalytic converter etched through my local police dept

thanks all. we decided not to go yesterday. and no, i don't have any outstanding warrants for my arrest.
by arcticpineapplecorp.
Sat Jul 24, 2021 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Term life Vs. whole life
Replies: 64
Views: 4683

Re: Term life Vs. whole life

I spoke to my insurance guy and he said as you get longer terms the premiums go higher, and he ran the number for me. Question: 1) whole life v. Term life - what’s your take? 2) who is a good credible insurance company? (Do you actually have it with them, and your experience?) 3) would you take 10/...
by arcticpineapplecorp.
Sat Jul 24, 2021 1:10 pm
Forum: Investing - Theory, News & General
Topic: Waiting for 10% market pullback, to do conversion
Replies: 52
Views: 7155

Re: Waiting for 10% market pullback, to do conversion

what if it goes down 7% like it did in 2019 and you wait and the market goes up (went up 29% that year, see pretty picture below): https://i.postimg.cc/RFMsxJ5R/intrayear.jpg what if the market drops 10% and you convert, and then the market falls further like it did last year (down 34% according to ...
by arcticpineapplecorp.
Fri Jul 23, 2021 7:40 pm
Forum: Personal Consumer Issues
Topic: any reason NOT to get my catalytic converter etched through my local police dept
Replies: 57
Views: 4334

Re: any reason NOT to get my catalytic converter etched through my local police dept

thanks for your thoughts/explanations. so basically windowdressing. good to know.
by arcticpineapplecorp.
Fri Jul 23, 2021 5:39 pm
Forum: Personal Investments
Topic: Are fiduciary's actually trustworthy?
Replies: 58
Views: 4644

Re: Are fiduciary's actually trustworthy?

Thanks for all the information. I just looked him up on adviser info. [personally identifiable link removed by admin LadyGeek] It seems he is indeed an Investment Adviser, which seems to imply that he is indeed a fiduciary. https://en.wikipedia.org/wiki/Financial_adviser#Fiduciary_standard don't as...
by arcticpineapplecorp.
Fri Jul 23, 2021 5:33 pm
Forum: Personal Investments
Topic: Are fiduciary's actually trustworthy?
Replies: 58
Views: 4644

Re: Are fiduciary's actually trustworthy?

hnd wrote: Fri Jul 23, 2021 5:32 pm just an FYI i believe all lawyers are "Fiduciaries" so take that for what its worth.
so fiduciary tells you nothing about competence.
by arcticpineapplecorp.
Fri Jul 23, 2021 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating (Apartment) Utility Costs
Replies: 3
Views: 343

Re: Estimating (Apartment) Utility Costs

most expensive thing I find is electric baseboard heat and oil heat. I'd avoid that if at all possible.

you can reduce electricity by getting L.E.D. lights and energy efficient appliances.

can you shop for utility suppliers? We can shop for electricity and gas here. That can lower the cost.
by arcticpineapplecorp.
Fri Jul 23, 2021 5:28 pm
Forum: Personal Consumer Issues
Topic: any reason NOT to get my catalytic converter etched through my local police dept
Replies: 57
Views: 4334

any reason NOT to get my catalytic converter etched through my local police dept

My municipality is hosting a catalytic converter theft prevention (2nd annual) first come first serve for 4 hours. It's done in conjunction with the police department and will be done at the Public Works Garage. It's free of charge. This is an attempt to reduce the number of catalytic converters sto...
by arcticpineapplecorp.
Fri Jul 23, 2021 4:25 pm
Forum: Personal Investments
Topic: Are fiduciary's actually trustworthy?
Replies: 58
Views: 4644

Re: Are fiduciary's actually trustworthy?

if he's pushing whole life he's not a fiduciary, he's an insurance salesman. The insurance industry is not subject to any such fiduciary standard. I'd consider reporting him to your state's insurance commission considering he's falsely promoting himself as something he's not (a fiduciary). problem i...
by arcticpineapplecorp.
Fri Jul 23, 2021 4:19 pm
Forum: Personal Investments
Topic: Being more liquid
Replies: 9
Views: 919

Re: Being more liquid

Not changing mix based on TV guy, just thinking maybe what I've always done should be altered. Maybe at my age more conservative approach is best. Thought for some time about Vanguard money market funds but don't know. a money market acct is basically a cash account. you'll lose purchasing power in...
by arcticpineapplecorp.
Fri Jul 23, 2021 1:31 pm
Forum: Personal Investments
Topic: Being more liquid
Replies: 9
Views: 919

Re: Being more liquid

Saw Art Laffer on Fox business. He said he was as liquid as he could be, staying only in stocks he had to because he was on the board of companies. I'm 71 and have a 60/40 mix. Does it make sense to get down to say 30/30 with the rest in some fund that is more fixed? Also, what would those Vanguard...
by arcticpineapplecorp.
Wed Jul 21, 2021 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployment Income Tax Refund
Replies: 40
Views: 3784

Re: Unemployment Income Tax Refund

Also vita volunteer here. My girlfriend got hers either end of May or beginning of June. :happy
by arcticpineapplecorp.
Mon Jul 19, 2021 8:35 pm
Forum: Personal Investments
Topic: [Buying S&P 500 Index Fund - Fidelity or Vanguard?]
Replies: 72
Views: 7193

Re: Index Fund

ETF is probably better for two reasons: 1- It's a taxable account and ETFs are more tax efficient. https://www.bogleheads.org/wiki/Exchange-traded_fund#Taxes Edit: Looking at both at Vanguard, however, both the ETF and the Mutual Fund seem to have the same tax efficiency. thanks for editing. I was ...
by arcticpineapplecorp.
Mon Jul 19, 2021 3:05 pm
Forum: Investing - Theory, News & General
Topic: Revisiting Ron Barron prediction (DJIA) by 2023
Replies: 13
Views: 1831

Re: Revisiting Ron Barron prediction (DJIA) by 2023

can't find any predictions. only found this: Interview conducted by Alexandra Zendrian, Sept. 7, 2010 Forbes: How would you describe your investment strategy, and how is it holding up in this market? Ron Baron: The strategy is that everything we do is long-term. We invest in a world that's focused a...
by arcticpineapplecorp.
Mon Jul 19, 2021 11:58 am
Forum: Forum Issues and Administration
Topic: Apple Bot
Replies: 7
Views: 798

Re: Apple Bot

what, no duck duck go bot?
by arcticpineapplecorp.
Mon Jul 19, 2021 11:57 am
Forum: Investing - Theory, News & General
Topic: I'm buying VYM High Div Yield
Replies: 24
Views: 2059

Re: I'm buying VYM High Div Yield

not sure why you want high yield if it's a taxable account. you're going to generate more, not less taxable events. is that part of your strategy?