Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. Tommy Jefferson

    Tommy Jefferson Well-Known Member
    Nebraska CornhuskersKansas JayhawksKansas City RoyalsKansas City Chiefs

    I feel like such a dipshit I hadn’t heard of the I bonds until today. With the student loan freeze, and a wedding coming up, we have a significant pile of cash earmarked which we didn’t want to invest out of concern for the market tanking. Obviously that concern has been validated but a rate of 7% followed by 9% would have been sooo nice.

    Savings account rates for this past year, not so nice.
     
  2. NC Wolfpack

    NC Wolfpack Go Pack Go
    Donor
    North Carolina State WolfpackGreen Bay Packers

    To be fair, 9.6% matched with whatever comes out in October will still be better than any savings account.
     
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  3. user15000

    user15000 Well-Known Member

  4. user15000

    user15000 Well-Known Member

     
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  5. Tommy Jefferson

    Tommy Jefferson Well-Known Member
    Nebraska CornhuskersKansas JayhawksKansas City RoyalsKansas City Chiefs

    Translation please
     
  6. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    It's only a 1 year lock up. And I'm only putting my emergency fund money in that would otherwise be sitting in a HYSA or CD.
     
  7. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    that implies we'll have 6% inflation over the next 5 years or?
     
    shawnoc likes this.
  8. NC Wolfpack

    NC Wolfpack Go Pack Go
    Donor
    North Carolina State WolfpackGreen Bay Packers

    100%. What I put into an Ibond would have otherwise been in a HYSA and will still be a better return even with the 3 month interest penalty.
     
  9. Ty Webb

    Ty Webb Living rent free in Jigga's head
    Donor
    Nebraska CornhuskersChicago CubsChicago BullsDetroit LionsChicago BlackhawksTiger Woods

    I think she’s not realizing that she’s suggesting an inflation linked financial instrument will keep pace with/marginally beat inflation - which is the entire point.
     
  10. Mr Mortisay

    Mr Mortisay Well-Known Member
    Donor
    Arkansas RazorbacksTiger Woods

    Certainly a better investment than all my negative stock market investments
     
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  11. TAS

    TAS 20_ _ TMB Poster of the Year
    Donor

    This is true, but even if it wasn't, her tweet would still be bad
     
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  12. Arliden

    Arliden Well-Known Member
    Donor

    Would not want that lady to be my CFP.
     
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  13. user15000

    user15000 Well-Known Member

    Why would she not realize that? Isn’t that the entire point of her tweet?

    Also buying the I bond assumes that inflation is being measured accurately.
     
  14. Arliden

    Arliden Well-Known Member
    Donor

    Look at some point you have to look around and ask yourself where am I going to get a risk free 7-9% yield for a year? The answer is no where. Given the current state of affairs people are just trying to keep their head afloat.

    I Bonds are a perfectly solid substitute for an emergency fund or savings account given current yields.
     
  15. Arliden

    Arliden Well-Known Member
    Donor

    Your monthly reminder to not fight the Fed.

    Powell wants financial assets to pull back, he wants the reverse wealth affect, he wants to trim net worth to reign in demand and cool inflation.
     
    #27365 Arliden, May 5, 2022
    Last edited: May 5, 2022
    Tug likes this.
  16. Bo Pelinis

    Bo Pelinis Will Smith just smacked the shit outta me!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    More buying opportunities!
     
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  17. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    I have no monies left!
     
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  18. Bo Pelinis

    Bo Pelinis Will Smith just smacked the shit outta me!
    Donor TMB OG
    Nebraska CornhuskersKansas City RoyalsKansas City ChiefsBig 8 Conference

    upload_2022-5-6_9-17-28.gif
     
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  19. dukebuckeye

    dukebuckeye P.G.I.T
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

  20. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    Looks like we’re in for some big gains in the second half of this year.
     
    bcuga, Jake Scott, Doc Louis and 4 others like this.
  21. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    15x from 2009-2021. Is that good?
     
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  22. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor



    where's that WSB thread
     
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  23. Louis Holth

    Louis Holth but we also just might be those motherfuckers
    Donor
    South Carolina GamecocksAtlanta BravesCarolina PanthersTottenham Hotspur

    Historically, doesn’t the market flounder a bit in the summer before midterms only to rally in the fall heading into elections?
     
  24. kinghill

    kinghill Cool American Flavour
    Donor
    Miami HurricanesMiami MarlinsMiami DolphinsMiami Heat

    Any of you in a situation where your parents have some money but have shown no clue what to do with it? Like mine don’t have a ton but a little and they are prone to doing dumb shit and I feel like I should try to intervene and talk them as they move into their 70’s but I also have no clue what they should do lol (aside from not doing obvious dumb shit like putting a ton of money into one stock or investing in a friends restaurant business idea) so maybe I should just back off

    Ugh.
     
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  25. C A N E

    C A N E Well-Known Member
    Donor
    Miami HurricanesMiami Heat

    When does this end
     
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  26. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis Colts

    Maybe 10:30AM

    Maybe never.

    :bernie:
     
  27. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

  28. jcb-r

    jcb-r Back and better than ever
    Rutgers Scarlet KnightsNew York MetsBrooklyn NetsTennessee TitansNew Jersey Devils

    Kind of. My parents paid off their house like 5 years ago and I just found out last month that all the money they've been saving from not having a mortgage payment has just been sitting in their checking account. But maybe that's a good thing at this point.
     
    kinghill likes this.
  29. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis Colts

    well here we go
     
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  30. user15000

    user15000 Well-Known Member

    Herp derp. Price 2 years ago was like $9k. It’s like that guy has never seen a btc bull/bear cycle before.

     
  31. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

  32. Sportfan

    Sportfan From Six to Dumptime

    I’ve now given back all $200k I made from April 2020-Nov 2021.

    Most frustrating thing was this year I wanted to slowly move a lot of my VGT into SCHD. Welp had I just done it all at once I’d have saved about $50,000 so far.
     
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  33. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpoolCharlotte FC

    I’ve looked like once in the past two weeks. Not even interested in knowing at this rate. Maybe I’ll look again in 2023.
     
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  34. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis Colts

    Did your original investment stragey target a 2 year timeline or was the strategy for long term? If the former revise your strategy, if the latter stop looking at your account so often.
     
  35. dukebuckeye

    dukebuckeye P.G.I.T
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    I keep buying at every major dip. Just bought some more VTI, VOO, VEA, BTC, and ETH.

    Just keep telling myself that I don't plan on touching this money for another 25 years or so. It'll come back.
     
  36. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

  37. Sportfan

    Sportfan From Six to Dumptime

    My plan was growth then shift towards yield. I ended up too heavy in growth just riding the wave and never figured out an off ramp so now I just come here to bitch.
     
  38. Arliden

    Arliden Well-Known Member
    Donor

    I think there’s a decent chance inflation comes in lower than expected this week and markets rally.

    I would be a buyer of puts into that rally.
     
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  39. Arliden

    Arliden Well-Known Member
    Donor



    Has builder commentary in the thread
     
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  40. Arliden

    Arliden Well-Known Member
    Donor

     
    Sportfan likes this.
  41. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
    Indiana HoosiersNotre Dame Fighting IrishChicago CubsIndianapolis Colts

    Bought VHT and XBI bc I like losing money.

    Sold all of my crypto save BTC/ETH.
     
    Sportfan likes this.
  42. DuffandMuff

    DuffandMuff Well-Known Member
    Tampa Bay Lightning

    Same here. Except divide that $200k by 10.
     
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  43. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Suggest Vanguard PAS. Low fee support.
     
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  44. Ralph

    Ralph Well-Known Member
    Donor

    As someone who doesn't plan on moving anytime soon, maybe ever, it wouldn't hurt my feelings for it to slow its roll a bit. If my property taxes are going to increase 15% year-over-year (like the bill I just opened), I'd prefer it not be at the same time my other investments are doing the exact opposite.
     
    #27394 Ralph, May 9, 2022
    Last edited: May 9, 2022
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  45. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    Trader propaganda. Every is fine guys.
     
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  46. FelipeG

    FelipeG Well-Known Member

    Question???.......

    I'm looking at joining the public sector. I currently have a 401K, traditional IRA and a Roth IRA. Will I have to liquidate those before opening the public equivalents or can I let them ride?
     
  47. brolift

    brolift Well-Known Member
    Donor
    Kansas State WildcatsDenver NuggetsKansas City ChiefsBarAndGrillBig 8 Conference

    You can let them ride. Good luck w the new gig.
     
    FelipeG likes this.
  48. Jake Scott

    Jake Scott Well-Known Member
    Staff Donor

    This is me plus a couple others. I sold off a lot two weeks ago and sat. Just started buying more yesterday. Can't wait to chase it to the bottom!
     
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  49. FelipeG

    FelipeG Well-Known Member

    Thanks
     
  50. Sportfan

    Sportfan From Six to Dumptime

    Tax question/hypotethical.

    You buy equity XYZ for $50,000 on a certain day, then buy another $50,000 at a later time. You go to sell the entire position. The first block is up $20,000 and the second block is down $20,000. Is this a wash or are you paying capital gains on the first $20,000 and only getting to tax loss harvest $3,000 of the losses this year?