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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
Totally dumbfounding that 2-factor authentication (one factor you know in your mind, the other you possess but is pseudorandomly changing in synch w the server) took so long to catch on and is still not widespread.
I went to work at its inventor 2…
Tom Lehrer, or perhaps it was Kissinger in his later years, once quipped during the Vietnam war that that country should study the export economies of Germany and Japan to see what happens when you lost a war w/ the US. And lo and behold, 4y ago I b…
Premiere muckraker Kurt Eichenwald:
Here is Trump theory on drug prices:
1. We demand foreign countries abandon their policies that hold down their citizens' drug prices, and expect no foreign voter revolt.
2. Drug companies make more $.
3. To be n…
yeah, I am in the middle of trying (yearly exercise parsing the various providers, like viridian and the many many others) to decide how and in what direction to make 'different decisions'.
one green friend suggested simply sticking w the main prov…
consumer and shareholder willingness to make different decisions:
https://www.bostonglobe.com/business/2018/05/04/ain-easy-being-green/GxmhX5wJDTbcwPSds2JNxL/story.html
? - maybe the math and daily reconciliation are somehow easier (just idly speculating)
non-pdf list:
https://sponsor.fidelity.com/pspublic/pca/psw/public/library/designbenefits/Fidelity_funds_undergo_share_splits.html
certainly it looks cooler to…
@VF, I bet you know this already:
https://en.wikipedia.org/wiki/Fiat_money
This aspires to be the private version of that, it seems.
https://en.wikipedia.org/wiki/Cryptocurrency
Actually, that was a consulted elder-law attorney's real answer; "kicks" was my feeble attempt to be rhetorical. Maybe the response was written in the spirit of the Margolis "and don't report them" quote; dunno. I could have more specifically asked …
I have a friend who used to work for Paul Singer (frat bro of mine!), and should ask them --- surely there is another rape opportunity here. Or perhaps I have not kept up Elliott Management's latest.
Wriggle, wriggle.
I encourage everyone to return to amounts reality, where this thread started, and read the Forbes article, particularly after the quote here.
>> Also, funding a child's IRA is no different from funding a UGMA - it's a gift…
My daughter's in-laws there continue to live and work and go about their normal daily lives as best they can, with yes, 'off-market' and bartering activity, I suppose. They hope to leave, like so many. Many there have dual citizenship with Spain or …
Great IRS memo. But did you look at the cites, and what they cover ?
I am pleased to have violated this sort of thing for decades. Child funds Roth ira, you give increased allowance as a reward for child's discipline. Something like that.
Or not.…
Child funds Roth with all of his or her earned moneys (up to Roth limit) while you give the child equivalent amount to make up for it, if not more, as you usually do in supporting a child, up to $5M+ lifetime gift exemption. No?
Obviously the nice thing is that it's possible for them to keep / spend the earned money while you are the Roth funder, if you can afford it,
so they don't have to do the work being told 'you will see this summer money in a half-century and boy wi…
I did this for both kids long ago, kept earnings amount notes but no meticulous logs, and indeed you can let the contribution amount serve as the earning note.
Thanks; I know all this, meaning (only) that I know what CAPE says about how it works and what DSE_X says about how it works.
Since w/ the mfunds it happens automatically monthly, I was simply trying to grok your
>> investing in ... the abi…
Dunno about either; figured you would explain further and more exactly re 'ability of a management team to maneuver within the volatility of those expiration dates' --- management's processes and dynamics and timing. The monthly churn (CAPE) is not …
For sure with its automatic monthly 'value churn', CAPE should underperform SP500 at times, and certainly has recently.
As for the effects of the bond sauce, which are not large, I get the following, rounded, total (unless I'm reading my calculato…
I now have in-laws in Vz and a sil here in the US, all his family are eager to join him, and shall. So I ask questions. And as they are nonwealthy middle-class it becomes clear to an outsider that life goes on there, and middle-class people and fami…
of course
for some all they can focus on (it seems in conversation or letter-writing) is the amount that goes to govs
correct, no forsaking on principle or for any other reason
I actually was thinking less of the Orangeburg shootings (e.g.) than the two hugely traumatic political assassinations that year, but yes about Detroit and other cities. I do not see this time as a matter chiefly of overreach, though, I have to add.
>> How many people wouldn't jump at the opportunity to get paid $500K after taxes as a working stiff?
Seriously? Lots. Since this appears to be a real question, I'd suggest you do not spend enough time w/ rage-filled libertarian types, or gr…
Roy Moore?
I think more muddling, for the most part. Economy and market will do okay some more. The "president" will probably be gone sooner than later. That will result in not as large an improvement as some keenly anticipate. (I foresee no catastr…
@VF,
DLEUX is Europe-oriented, not international. Unimpressive thus far.
Yeah, I myself would sell DSENX for spending money only, no other reason.
@Pudd,
We have two-thirds of the "president" 's term to go.
>> Taxes are a cost imposed on success
wow, wow, what a phrase that is --- as if nothing is joint and never was, and as if nothing is more important than costs
race to the bottom --- SaLT makes everyone head out for Kansas, Mississippi, etc.
@Paul,
Why bother? I have been asking myself that and have no good answer. Diversification ain't it, at least for foreign LC. Graph DODFX or FOSFX against DODGX and FUSEX.
Maybe EM and SC foreign offer some diversification, have not checked.
But …
Two family members, one perhaps higher-maintenance (older) and one perhaps more impatient with inefficiency and meh service (younger), are each pretty dissatisfied Vanguard customers. The older is a large-accountholder in index funds and the younger…
\\ >> the virtue of keeping life simple.
>>> What I like about these funds is that if the allocation is too conservative or too aggressive an investor could simply choose a different ...
>> Finally, they're affordable.
>>…
some of these are pretty easy and have been bruited for years
https://www.kiplinger.com/article/retirement/T051-C000-S002-ways-to-fix-social-security.html
https://money.usnews.com/money/blogs/planning-to-retire/2014/11/14/5-potential-social-securi…
I learned about ORP here, actually, from others; was asking msf if he had played with it, not that it fully parses what he seems interested in.
Yes, the projections and probabilities and especially the tax thing are all nice, albeit the tax advice…
