Sanrith Descartes
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No. I am talking a conversion, not just putting money into a Roth. The only limit is the tax bill.ROTH max is so low tho...
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Investing General Discussion
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Tmac
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Jysin
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Data likely shows Teslas on Autopilot crash more than rivals
In coming days, the National Highway Traffic Safety Administration plans to issue figures it has been gathering for nearly a year.
nypost.com
14:46 [TSLA] NHTSA data likely shows Tesla Autopilot has disproportionately more crashes than rival automated driving systems - NY Post
- In coming days, the National Highway Traffic Safety Administration plans to issue figures it has been gathering for nearly a year. The agency said in a separate report last week that it had documented more than 200 crashes involving Teslas that were using Autopilot, “Full Self-Driving,” Traffic-Aware Cruise Control or some other of the company’s partially automated systems.
- Tesla’s figure and its crash rate per 1,000 vehicles was substantially higher than the corresponding numbers for other automakers that provided such data to The Associated Press ahead of NHTSA’s release. The number of Tesla collisions was revealed as part of a NHTSA investigation of Teslas on Autopilot that had crashed into emergency and other vehicles stopped along roadways.
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Furry
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I’ve shoveled the max in for quite a while. Scared to look, but I was close to six figures on my Roth earlier in the year. It adds up over time.ROTH max is so low tho...
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Sanrith Descartes
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Exactly how many other automated driving systems are currently on the road in the US? Now compare number of vehicles and miles driven.Data likely shows Teslas on Autopilot crash more than rivals
In coming days, the National Highway Traffic Safety Administration plans to issue figures it has been gathering for nearly a year.
14:46 [TSLA] NHTSA data likely shows Tesla Autopilot has disproportionately more crashes than rival automated driving systems - NY Post
- In coming days, the National Highway Traffic Safety Administration plans to issue figures it has been gathering for nearly a year. The agency said in a separate report last week that it had documented more than 200 crashes involving Teslas that were using Autopilot, “Full Self-Driving,” Traffic-Aware Cruise Control or some other of the company’s partially automated systems.
- Tesla’s figure and its crash rate per 1,000 vehicles was substantially higher than the corresponding numbers for other automakers that provided such data to The Associated Press ahead of NHTSA’s release. The number of Tesla collisions was revealed as part of a NHTSA investigation of Teslas on Autopilot that had crashed into emergency and other vehicles stopped along roadways.
Sanrith Descartes
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Sanrith Descartes
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Gravel
Mr. Poopybutthole
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This isn't really worth it unless you have low income (like someone retired). Personally, a few years ago my plan was to do a Roth conversion ladder (convert traditional to Roth, pay 0% tax on it because the long term dividend tax rate allows a married couple almost $100k, season for 5 years, withdraw), but healthcare changes that. Having artificially high income by converting it means I get a larger ACA tax bill.
I'm still not 100% sure on what's the better hit to take, but I'm thinking I'd rather take a 10% early withdrawal penalty over ACA subsidies, as crazy as that sounds (or maybe not, health insurance is ridiculous).
Sanrith Descartes
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Its not for everyone. But with the market in the dumper, it might be worth it depending on someone's individual circumstance.
Mist
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Gravel
Mr. Poopybutthole
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It was flushing when he made the post, turned around in a hurry.
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Sanrith Descartes
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Fucking Ackman. Raise rates really high now so we can get to a new Fed easing cycle faster.
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taebin
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Perplexed how the market will react to Fed rate hike news tomorrow. Not sure if a three quarter or full point raise will be well received compared to the half point. On one hand it shows they are actually looking at data and attempting a more severe course correction for the near term, or if it will cause higher concern about continued large hikes.
Jysin
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The issue with the hike today becomes about credibility. Markets have been pricing in a 75bp move. However, Powell had just said 75bp moves are off the table at the meeting last month. Doing an about face on that admits that inflation is out of control and that he is wrong.
Despite the fact I think we need a >75bp move now, I fully expect a 50bp move as planned, while Powell floats the 75bp moves ahead being “data dependent” as usual.
This opens the door to bigger hike moves while saving credibility. At least saves credibility to most that don’t really understand wtf is going on.
A 50bp move as planned could spark a little relief rally in markets. If Powell comes out big dick and moves 75bp, I think markets react quite strongly in selling, but start to round out a bounce in coming days / weeks. Remember it’s uncertainty markets don’t like. Bad news out of the way and markets can reprice and move on.
Despite the fact I think we need a >75bp move now, I fully expect a 50bp move as planned, while Powell floats the 75bp moves ahead being “data dependent” as usual.
This opens the door to bigger hike moves while saving credibility. At least saves credibility to most that don’t really understand wtf is going on.
A 50bp move as planned could spark a little relief rally in markets. If Powell comes out big dick and moves 75bp, I think markets react quite strongly in selling, but start to round out a bounce in coming days / weeks. Remember it’s uncertainty markets don’t like. Bad news out of the way and markets can reprice and move on.
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Agree with Jysin. Half point better for the markets short term full point or .75 likely better long term. The honest to god truth is his best move would be like a 1.5 pt or 2pt hike and the fed saying they are likely pausing for the remainder of the year as they assess the rate hikes impact on the economy.
There is no soft landing scenario in reality and bigger hikes faster will help the market find its bottom. I don’t think the decline can end until the fed signals interest rates have stabilized so any relief will be short lived as small rate hikes will lead to inflation staying high
There is no soft landing scenario in reality and bigger hikes faster will help the market find its bottom. I don’t think the decline can end until the fed signals interest rates have stabilized so any relief will be short lived as small rate hikes will lead to inflation staying high
Aldarion
Egg Nazi
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My own guess: it will overreact in both directions within 24 hours
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Mist
REEEEeyore
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These people can only make money in a boom/bust economy. They can't make money in a stable economy where you have to actually produce value to get ahead.
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