Author Topic: New To Investing Thread (Read 456430 times)

chum1 · « **Reply #4500 on:** May 15, 2024, 10:02:24 PM »

Yeah, it's kind of a funny aspect of that book. There aren't any real details of any kind about what he was doing. Like you said, if there were, it would all be over.

steve dave · « **Reply #4501 on:** May 15, 2024, 10:08:38 PM »

Probably a better blurb from that to know what he was doing (working parts)

https://twitter.com/qcompounding/status/1789012048820548007?s=46&t=odWzhuZU7P443NcVwlC1iQ

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DaBigTrain · « **Reply #4502 on:** June 04, 2024, 10:22:47 PM »

https://twitter.com/watcherguru/status/1798166210518847787

ben ji · « **Reply #4503 on:** December 09, 2024, 06:55:18 PM »

I left a job in August 2023 and transferred my 401k from that job into my IRA and it was super simple since they were both with Fidelity.

My old job's 401k still shows up as an "account" on my fidelity home page but a couple of months ago it randomly had $54.10 in it. No idea how that got there but when I went to transfer it to my IRA they still charged me a $25 transfer fee which was almost half of this random free money I got.

I only noticed this because I am finally getting around to moving some old HSA's to fidelity so everything is in one spot.

steve dave · « **Reply #4504 on:** January 02, 2025, 08:09:34 PM »

You literally cannot out Succession these warriors

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catastrophe · « **Reply #4505 on:** January 03, 2025, 07:35:55 PM »

Quote from: steve dave on January 02, 2025, 08:09:34 PM

You literally cannot out Succession these warriors

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I don’t get it. Does non-zero mean something very particular in qualitative analytics?

steve dave · « **Reply #4506 on:** January 03, 2025, 08:18:37 PM »

Means it’s possible

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wetwillie · « **Reply #4507 on:** January 03, 2025, 08:21:14 PM »

Best answer I've seen is tell them whoever kills everyone else and is last man standing gets to go free. Then shot the last guy.

bucket · « **Reply #4508 on:** January 03, 2025, 08:23:34 PM »

Quote from: wetwillie on January 03, 2025, 08:21:14 PM

Best answer I've seen is tell them whoever kills everyone else and is last man standing gets to go free. Then shot the last guy.

Much better than what I had in mind (get frothy mouthed, scream and wave the gun at all of them).

catastrophe · « **Reply #4509 on:** January 03, 2025, 10:17:46 PM »

Quote from: wetwillie on January 03, 2025, 08:21:14 PM

Best answer I've seen is tell them whoever kills everyone else and is last man standing gets to go free. Then shot the last guy.

I guess I get that, but the prompt is ridiculous. There is no reason the 100 murderers would have to heed your stupid instruction when you only have one bullet. You could lie and say you have more rounds but even then everyone is in an open field and knows they have some chance at survival. Unless you assume magical powers or some other crazy variable then there is a 0% chance you’re keeping everyone there.

steve dave · « **Reply #4510 on:** January 03, 2025, 10:24:07 PM »

Quote from: catastrophe on January 03, 2025, 10:17:46 PM

Quote from: wetwillie on January 03, 2025, 08:21:14 PM
Best answer I've seen is tell them whoever kills everyone else and is last man standing gets to go free. Then shot the last guy.
I guess I get that, but the prompt is ridiculous. There is no reason the 100 murderers would have to heed your stupid instruction when you only have one bullet. You could lie and say you have more rounds but even then everyone is in an open field and knows they have some chance at survival. Unless you assume magical powers or some other crazy variable then there is a 0% chance you’re keeping everyone there.

I think you underestimate Blackrock here brother

Tobias · « **Reply #4511 on:** January 03, 2025, 10:37:52 PM »

pretty great question tbh

star seed 7 · « **Reply #4512 on:** January 03, 2025, 11:06:36 PM »

I'd let them go, who gives a eff about a few murderers being loose.

ben ji · « **Reply #4513 on:** January 04, 2025, 11:58:08 AM »

I'd continue to ask more questions until they got bored. What size are the murderers? What kind of murder did they commit? How old are they? What kind of clothes are they wearing? Tell me more about this field, mud? grass? valley? What kind of gun do I have? etc etc.

schreds21 · « **Reply #4514 on:** January 05, 2025, 07:15:55 PM »

Just tell them the first person to attempt to escape is dead as fried chicken. They'll all line up to be second but nobody wants to be first.

michigancat · « **Reply #4515 on:** January 05, 2025, 09:49:57 PM »

Quote from: schreds21 on January 05, 2025, 07:15:55 PM

Just tell them the first person to attempt to escape is dead as fried chicken. They'll all line up to be second but nobody wants to be first.

Sounds like you're ready to make a global investment firm rich

steve dave · « **Reply #4516 on:** March 04, 2025, 09:50:39 AM »

cfbandyman · « **Reply #4517 on:** March 04, 2025, 10:19:33 AM »

Stevesie60 · « **Reply #4518 on:** March 04, 2025, 10:26:09 AM »

steve dave · « **Reply #4519 on:** March 28, 2025, 11:34:16 AM »

absolute blood bath out there

CNS · « **Reply #4520 on:** March 28, 2025, 11:38:19 AM »

Warren Buffet is going to own 3/4 of America once he decides to jump back in.

catastrophe · « **Reply #4521 on:** March 28, 2025, 06:17:54 PM »

Only sort of germane to Trump tanking the economy but I’ve posted about Donor Advised Funds before and I’m a big fan.

What’s a donor advised fund? For all I care it’s basically just an easy way to donate stock.

Why would I want to donate stock? Taxes! You get to take advantage of any capital gains for tax deduction purposes without paying any income/capital gains tax.

PLUS—If you use a robo investor like Betterment, you win twice. They can use tax loss harvesting which sells your tanking stock and then immediately buys equivalent stock, which allows you to write off the “losses” on taxes. The only reason so-called “experts” say that tax loss harvesting doesn’t rule is because you’ll ultimately have to pay more taxes on the “gains” when you liquidate, but this is a actually an advantage when you donate the stock.

Anyway, I just recently tried out a new DAV called Daffy, which is integrated with Betterment (and I guess Vanguard) and seems to really rock.

This is not a paid advertisement.

Spracne · « **Reply #4522 on:** March 28, 2025, 06:57:19 PM »

Is this how we know we're great again?

CNS · « **Reply #4523 on:** March 28, 2025, 07:11:21 PM »

Quote from: Spracne on March 28, 2025, 06:57:19 PM

Is this how we know we're great again?

If you have an absolute crap ton of cash on hand and don’t need it for anything other than buying deflated investments, yes. If not…probably still yes but I would need Dax to explain it.

steve dave · « **Reply #4524 on:** March 28, 2025, 07:20:54 PM »

VEUSX has been ripping