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@Derf...point taken...that is why I selected the Total Stock Market Fund as a wash-sale choice...obviously one would bone up on these rules and select appropriate wash-sale securities or just wait 30 days...
If you sold an S&P 500-indexed ETF to…
I wonder if this might be a potential strategy regarding capital tax losses and Roth conversions.
Let say I want to manage Roth conversions during market sell offs (think back to March 2020).
the-case-for-roth-conversions-in-market-downturns
Let…
Additional links can be found in the link I included below:
“The Chain”
As you’ll see in the P.S., we’re trying something new in the blogosphere. We’re “Building A Chain” of blog articles, where different bloggers are sharing their detailed Drawdo…
@BenWP
Here's something I found:
Try tossing cards. This game requires two to five players. Begin by marking a line about 6 to 12 feet from a wall. Decide how many cards each player will have for each round. Player One stands behind the line, then t…
This year's RMD is based on 12/31/2020 ending balance. So let's say that prior to December 31st, 2020 you took distributions for income. Those T-IRA distributions would have lowered your 2020 end of year T-IRA balance impacting your RMD calculation.…
Using QQQ as a comparison, ARK's performance (ARKK) over the last year appears to be off by 30% while QQQ is up 17%.
Is that reflection of ARK owning over hyped, over bought companies?
I am thinking yes.
That said, shorting seems like just an…
@hank said,
Do you have a link to that 86 score? I’m just getting the 50. Wonder if that’s for maybe two different time periods?
Third down from top of list:
POAGX
@hank, thanks for the link to MaxFunds. There seems to be some inconsisitency. The site reports POAGX as a long time wiiner with an 86/100
But when you click on the link it reports the fund as "Poor", linked here:
maxfunds.com/funds/data.php?ticke…
@davidmoran, I find it interesting that "B" is still a small cap value company. A little history:
Wallace Barnes began working for both his father Alphonso and grandfather Thomas in the family hotel and general store. The general store specialized i…
It seems so much good could come from all of this excess wealth, yet if such good exists, it appears under reported.
A little off topic from this thread, but on the topic of what to do with excess wealth...
150 years ago, the park system in our l…
Thanks @Junkster,
Interesting discussion on his website through many of his video interviews...here's one:
His site:
https://diewithzerobook.com/welcome
December Newsletter is out:
outperforming-the-market-while-the-fed-is-on-hold
Summary
Since March 2020, Fed short-term rate policy has been on hold and stocks have soared.
Such prior "on hold" periods have also led to excellent returns.
…
Why not file at 62 and invest 8 years of benefits.
Comment:
What the video misses is the fact that the dollar amount of a 5% withdrawal changes as the invested portfolio continues to be invested (during retirement). An investment needs to maint…
@Crash,
This fund is probably the closest investment I own that has the touch of just two people... The Bruce Family...father and son. YACKX comes to mind, but I think that has changed. Maybe there are others still, but fewer and fewer funds operat…
So rail cars will be used instead...that makes safety sense.
shutting down the Line 5 pipeline would require 2,100 rail cars to deliver the oil from Superior, Wis., to the Imperial Oil refinery in Sarnia, Ontario, just across the U.S. border.
@hank said,
But I’d have more money if I’d sunk 100% in PRWCX 25 years ago and followed with a “RipVanWinkle” act!
I stand at the launch pad of retirement (age 62) thinking that PRWCX, VWINX and a little Cash will provide a safe withdrawal (differ…
And this,
The SP500 keeps on making higher highs, as the effects of QE4 are still being felt in the banking system, and in the stock market. But there is a troubling divergence among some of the most liquidity sensitive investment vehicles, the hi…
Uranium prices have jumped a lot recently, as new meme stock traders have suddenly gotten interested in trading shares of the Sprott Physical Uranium Trust, symbol SRUUF on OTCMKTS, or U-U.TO on the Toronto Stock Exchange.
Relationship of Uranium a…
I believe it was another Fidelity study that revealed that accounts of deceased investors did better than live ones regardless of gender.
4 Things Dead People Can Teach Us About Investing
The way this story goes, one day, the chief bean counters at…
@lynnbrolin2021:
In November's Commentary said:
Taxes will have to be paid on this portfolio as required minimum distributions take effect so I want to be more conservative in this portfolio, and more aggressive in a Roth IRA.
I believe @davidmoran …
15% on all forms for income (wages, cap gains, rents, interest, etc.) with zero deductions. None. Give every person (including corporations) a $25,000 personal exemption. This would mean a family of four wouldn't start paying taxes until they hit…
