www.jakobsteensen.com
That chart strikes me as dubious in a number of ways.
I was just suspicious that it appears the chart doesn't acknowledge education beyond the bachelor degree, when listing income by degree. Commenting on the chart, not the reason you posted it.
tipswatch.com
Still looks strikingly similar.
still doing the same thing buying every 2 weeks. and if market craps on a 2.5+% day, i might buy more.
You gave me a good idea. My paper i bonds that have been open for more than 5 years I should probably cash out and put into 10 year TIPS sounds like a great idea. I'm just so petrified of losing these paper i bonds. Also with real yields getting to 2% on 10 year TIPS this might be a good time to work on this transition. For short term money i've been buying 4 week T bills. Getting like 5.38%.Donated a chunk of highly appreciated equities to my charitable fund. For those who like to give to charity and have highly appreciated stock, this is a good strategy. Works best if you donate a bunch in a single year in excess of the standard deduction.
Also been buying TIPs and increasing the duration of my TIPs holdings. Auction tomorrow for a ten year TIPs. Best for those willing to hold to maturity, can hold in a tax deferred account and approaching or in retirement. Selling I-Bonds that I have purchased in the last few years and taking the tax hit to get the increased yield of TIPs even though I have to hold in a taxable account.
Donor-Advised Fund Definition, Sponsors, Pros & Cons, Example
A donor-advised fund is a private fund administered by a third party to manage charitable donations for an organization, family, or individual.www.investopedia.com
The I Bond exit ramp is now open; proceed with caution
Time redemptions to take full advantage of the recent 6.48% variable rate. By David Enna, Tipswatch.com First off, before I start talking about redeeming investments in U.S. Series I Savings Bonds,…
You can also buy SGOV or USFR they yield pretty close to that and are much easier for the lazy
With Inflation expected to moderate a bit, you can buy a TIPs Mutual Fund/ETF vs the individual note. I owned a TIPs mutual fund in 2021 and 2022 so was destroyed when inflation took off. The fund got creamed. The reverse is also true in that the fund could outperform if inflation cools to 3% then 2.5%.
If and only if held to maturity.
I can't fault that strategy. You are probably young, working full time, lots of cash flow, lots of years to ride the waves, and probably little interest in being a market geek.
when you have won the game take your chips off the table.
Another equally valid strategy is to buy when threads like this come to the top again...
That could be right.
I think 4360ish is a given. Whether it fills the gap to 4400 I don't have strong feelings.
Words like this are just a fancier way of saying "this handful of chicken entrails are scattered a little to the left" ...
Except that we are a lot closer to the yearly high than the yearly low. I'm going to try this new cool strategy called sell high buy low. I've tried the reverse and I swear it just doesn't work.
Tell that to all the people that bought the NVDA's of the 90's, the Ciscos, Intels, and Qualcoms that went up 1000s of percent just like the magnificent wonderfuls of today. The stocks of all 3 of those phenomenal companies bought at their dot.com peaks haven't done jack in the TWENTY FOUR years since then. Where you buy matters.
Never buy individual stocks.
100% agree… buy a bunch of individual stocks!
btw to be clear I don't day trade and don't recommend it. But I don't decade trade either. Somewhere between weeks and years all depending on how conditions, momentum, and value look to me.
balboawealth.com
www.financestrategists.com
We use Fidelity as the custodian for our 401k so I get pitched by them a lot. I’ve never been too impressed by the experience and credentials of their “wealth managers”. Some of them are 5 years out of college. They are never ever Penn, Chicago or UCLA finance majors or MBAs. They are almost never chartered financial analysts. They are mostly frat bros from mediocre universities who start out as entry level sales people. If they actually have some secret sauce they would be managing their own large portfolios lying on a sunny beach instead of working for other people.
There’s another wealth management company called Balboa Wealth Partners located in Newport Beach. Sounds fancy, right? The company is full of CFPs. They have a fancy website and market themselves to “successful families”. Yet the average account size of their clients is $377k. Their average client is not even financially secure, let alone wealthy. Enough said.
Balboa Wealth Partners | Your Guide to Financial Independence.
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The stock market is not an actuarial table. Stock markets have risk. Even for holding periods as long as 20 years.
i bought a ton of bank stocks. BAC and citi
That statement is in conflict with your "like" of my post immediately above it.
no way 20 years. im giving it a 5 year horizon. the sooner they bounce back the sooner i'll take profits
Banks scare me. Too much mystery how much underwater Treasury and mortgage debt they own with those set at rates well below present levels.
yea definitely one of their risks! but at same time, too big to fail.e
Blah blah blah
