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Noticing a capital loss in a muni bond fund I owned ( in a taxable account) I sold my position and recorded a tax loss (harvest) in December.
Interesting to note that gains (on muni bonds) are tax free and losses (on muni bonds) can be claimed aga…
Thanks @msf.
I also came across this possible bait and switch scenario with turbo tax:
https://propublica.org/article/irs-reforms-free-file-program-drops-agreement-not-to-compete-with-turbotax
I-phone assembler (Foxconn) plan joint Internet-Connected Electric Car project with Fiat:
https://uk.reuters.com/article/us-fiat-chrysler-hon-hai-china/fiat-chrysler-and-foxconn-plan-chinese-electric-vehicle-joint-venture-idUKKBN1ZF2LL
The trend here will continue...Bad News travels 10X faster than good news.
This articles points to gradual improvements (that are not necessarily news worthy) as the main reason for optimism in the markets today:
https://theirrelevantinvestor.com/…
from @JohnN link...
The 25 Best Low-Fee Mutual Funds to Buy in 2020
25-best-low-fee-mutual-funds-to-buy-2020
Fidelity International Growth = FIGFX
Oakmark International = OAKIX
Baron Emerging Markets = BEXFX
AMG TimesSquare International Small Cap…
@Rbrt...Converting wind, sun, ocean waves energy into hydrogen energy has entropy (energy loss) , but is zero carbon. The green in us loves this. The other green (money) often drives or stalls this evolution. Old technology companies don't want to j…
Note to self:
1. Deep Learning — From Vision to Language
2. Streaming Media — The Primary Technology Behind Content Distribution
3. Electric Vehicles — Faster Adoption Than Most Think
4. Automation — Increased Productivity and More Jobs
5. 3D Printi…
@hank I also remember doing a 15-year catch-up provision with my 403 b provider based on the following information and Link
To qualify for the 15-years of service catch-up (if the employer’s plan includes this provision) the employee must have 1…
Hey Mark I struggle with this at times myself. One of the things that I use is a the app called Jing. Jing is a screen capture tool and there are some how to videos that would help. Pretty simple. I'm having a little trouble embedding it into the th…
Another consideration is to check to see if your funds are going to be transferred "in kind" because if the fund that you own at TD presently isn't transferred in kind it may be closed on Schwab's side and therefore you won't have access to it going…
The strange world of carbon credits:
Fiat will effectively fund Tesla’s German factory, Baird says
While Fiat Chrysler would otherwise struggle to meet new carbon-dioxide emissions standards in Europe, the so-called open-pool option available in the…
I spent a lot of time on Page 63.
Paints an interesting picture.
-The negative volatility of stocks is very similar to bonds over a 5 year rolling average...negative 2% vs negative 1%...interesting.
- An all bond portfolio performs equally well co…
8. Having secured a workable Brexit deal, the United Kingdom turns out to be the winner in its divorce from the European Union. The equity market rises and the pound rallies. The UK benefits from a long transition period, and growth exceeds 2% as f…
@rforno @johnN
Never understood why the "catch-up" provision (for those over 50) was never indexed for inflation:
The additional catch-up contribution limit for individuals aged 50 and over is not subject to an annual cost-of-living adjustment and …
Step one is to rollover the 403b into a rollover IRA. At tax time, consider converting tax deferred IRA to Roth. IMHO, the tax hit on Roth conversions can be minimized by being sure that the conversion along with your other taxable income falls with…
@msf I am actually still trying accumulate SS credit (part time) so maybe there will be a small SS benefit when I turn 70. On my to do list for 2020...sit down with SS and crunch some numbers regarding my potential SS benefit and this WEP provision.…
Here is a performance chart comparison (see link below) of FDYZX which include other funds that were around in 1968...such as LEXCX, VWINX, VWELX.
LEXCX would have been a better all stock fund choice. I find that a mutual fund needs a consistent h…
An alternative view:
An important aspect of this conversation is that, while REITs provide a higher level of income than most other stocks, income from investments is not, in itself, a useful goal. Rather, it’s total return that matters, because cap…
My deepest condolences to Ted and his family, one of which is all of us...his cyber mutual fund family.
Whether it was a happy face emoji or a link to a video depicting a cauldron of hot oil...Ted always let you know how he felt.
I learned a lot…
Here's a June 2016 study I quickly fund this morning:
Rising Interest Rates: Impact on Fixed Income
Though this study seems to promote the author's brand funds (Vantage Point Funds) it also provides a good overview of how different Income Assets hi…
Interesting father-son story. The Bruce fund, BRUFX. The father left the very successful Mathers Fund to open his own fund with his son.
https://forbes.com/forbes/2011/0627/money-guide-11-funds-bruce-fund-heebner-cgm-invest.html
Interesting day yesterday...here were a few "ups" I own..continued weakness ahead?
Note: as per @hank and @msf comments...I updated my "ups"
https://www.screencast.com/t/lWGxRbjj
10 year performance of FSUTX verses VFINX...impressive and steady for a sector fund!
https://screencast.com/t/cbgef8RiE
Here's VGENX added to the a ten year chart:
https://screencast.com/t/RBpNIvxkFF6
