Investing General Discussion
- Thread starter Furious
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Tmac
Adventurer
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Hrmm…
My business is starting to do well and my short term plan was to sit on cash until inflation comes down and then buy a house.
I was thinking that may be like a 2-3 year timeline. But, I think Im hearing you say the bug is the feature and its here to stay and it may be better not to sit on cash.
Damn.
Cutlery
Kill All the White People
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On yourself too. I didnt realize this until I was talking to my insurance guy about retirement. "So, the way it's looking right now, you're gonna have X per month when you retire, so youre looking good. Now, the problem comes if you live 30 years...is X at 65 going to be the same purchasing power at 95?"
Ah fuck, man. We've already gone from peanut butter being a fucking nickel in my lifetime
Tmac
Adventurer
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Cutlery
Kill All the White People
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It wasn't, but you know what I'm saying. Shit was super cheap when we were kids. You could get loaves of bread for 50 cents. And there's probably people still alive where peanut butter being a nickel was closer to the truth than not.
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Gravel
Mr. Poopybutthole
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Maybe I'll get around to my retirement thread sometime before we hit year 4.
The S&P is a good vehicle for specifically this reason. The CAGR of it is about 10%. Which means 7% after normal inflation. If you can stash away enough for the 4% rule (25x your annual expenses), you have a good buffer to account for the unexpected like higher inflation.
And if you avoid sequence of returns risk (your money plummeting in the first few years, like with the dotcom bust), you're likely going to have significantly more money than you started with.
Like, we're potentially at a point where we just end up with a retarded amount of money. We're not counting on inheritance, but if we get any we'll have more money than we know what to do with.
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fris
Vyemm Raider
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it's useless though. they don't have to disclose their trades for 30 days and are egregiously outside of compliance to that window
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Burnem Wizfyre
Log Wizard
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Burns
Avatar of War Slayer
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Here is one, if you want to look at it, but yea, rules make it so they can wait a while before they are required to report:
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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Rangoth
Blackwing Lair Raider
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Am I looking at the right thing? I didn’t say it blows S&P out of the water and I’m not betting my life on it, but the fucker is up consistently. I am just saying, the data and history I can see shows that it is clearly a “winner” amongst the noise
finance.yahoo.com
Unusual Whales Subversive Democratic Trading ETF (NANC) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Unusual Whales Subversive Democratic Trading ETF (NANC) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
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Khane
Got something right about marriage
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From my cursory research that fund was created Feb 7 2023. During that same time frame the S&P returns are 28.8%.
So, in fact, beating the S&P.
1 year is not a great barometer when comparing to something as tried and true as the S&P
So, in fact, beating the S&P.
1 year is not a great barometer when comparing to something as tried and true as the S&P
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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Will the AI renaissance bring nuclear power to the forefront? Thought this was interesting as we were recently discussing Tesla’s potential future as an energy infrastructure company..
www.benzinga.com
Sam Altman's Under-The-Radar SPAC Fuses AI Expertise With Nuclear Energy: Here Are The Others Involved - AltC Acquisition (NYSE:ALCC)
Altman has an under-the-radar special purpose acquisition company (SPAC): AltC Acquisition Corp (NYSE: ALCC). The SPAC has already identified advanced nuclear fission startup Oklo as its merger partner. Altman is also the chairman of Oklo's board.
www.benzinga.com
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Rod-138
Trakanon Raider
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Just went to a tax seminar and they had some interesting points. If you’re going to index in the nq account, then why not buy around 30-50 of the top positions so you can tax harvest every month and get about the same returns.
I know the answer is bc then you have to actually do it, but yeah, if you can keep resetting the cost basis by selling a gain / loss, then you can reduce tax drag.
some other neat stuff was for later in life, but I didn’t know you could use capital gains to fund a charitable account and over fund it for Roth conversion strategies.
The seminar was all about converting to Roth and it was kinda funny, right before it ended some Asian guy stepped up and was like ‘yeah anyway, I don’t really believe in any of this math.’
I know the answer is bc then you have to actually do it, but yeah, if you can keep resetting the cost basis by selling a gain / loss, then you can reduce tax drag.
some other neat stuff was for later in life, but I didn’t know you could use capital gains to fund a charitable account and over fund it for Roth conversion strategies.
The seminar was all about converting to Roth and it was kinda funny, right before it ended some Asian guy stepped up and was like ‘yeah anyway, I don’t really believe in any of this math.’
There's also SMA products out there that will loss harvest for you.
Full disclosure, I work for one of the firms that provides SMAs. They've come down significantly in price to where they don't charge much more than an index fund. The catch with most of them though is that you have to use an advisor to access the product which adds on another layer of cost. But for people that already have an advisor or get a lot of value out of the tax alpha, it may be worth it.
Full disclosure, I work for one of the firms that provides SMAs. They've come down significantly in price to where they don't charge much more than an index fund. The catch with most of them though is that you have to use an advisor to access the product which adds on another layer of cost. But for people that already have an advisor or get a lot of value out of the tax alpha, it may be worth it.
Mist
REEEEeyore
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Rotate into pylon companies. We must construct additional.
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TheBeagle
JunkiesNetwork Donor
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sleevedraw
Revolver Ocelot
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Will the AI renaissance bring nuclear power to the forefront? Thought this was interesting as we were recently discussing Tesla’s potential future as an energy infrastructure company..
Sam Altman's Under-The-Radar SPAC Fuses AI Expertise With Nuclear Energy: Here Are The Others Involved - AltC Acquisition (NYSE:ALCC)
Altman has an under-the-radar special purpose acquisition company (SPAC): AltC Acquisition Corp (NYSE: ALCC). The SPAC has already identified advanced nuclear fission startup Oklo as its merger partner. Altman is also the chairman of Oklo's board.
I had a shower thought about this after I watched Jensen's talk at GTC. Energy's gotta come from somewhere to power all this shit.
Might make sense to look at Helion, Zap, and some fusion companies as well. Dave Ruzic seems to think that some of them are close (granted, he's always been an optimist.)
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