Search found 3115 matches

by sophie
Sun Oct 13, 2019 9:37 am
Forum: Stocks
Topic: Stock and ETF brokerage costs plunge
Replies: 26
Views: 756

Re: Stock and ETF brokerage costs plunge

I don't have a Schwab account so I can't speak to that brokerage's features in this area, but a few additions to the Fidelity positive list: 1) A cash account with an ATM card where you are reimbursed for all ATM fees. (disadvantage: the sweep pays almost zero interest, but on the other hand it is F...
by sophie
Sun Oct 13, 2019 8:55 am
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 623
Views: 58901

Re: Will Trump be Re-elected?

Is it just me, or is the crop of 2020 Dems unusually filled with liars? Actually, I'd be a lot less comfortable about them if they're all telling the truth! Some wag once said "How do you know a politician is lying? Answer: his mouth is moving." How true that is (and it applies to the female gender...
by sophie
Fri Oct 11, 2019 7:57 am
Forum: Other Discussions
Topic: Estate Taxes
Replies: 19
Views: 342

Re: Estate Taxes

Of course it is wrong. That money has already been taxed. Part of it hasn't been taxed. The step-up in cost basis at the time of inheritance amounts to a capital gain that was not previously realized. Taxing that capital gain at the time of inheritance could be considered fair. However, it should b...
by sophie
Fri Oct 11, 2019 7:47 am
Forum: Other Discussions
Topic: Will America ever be great again?
Replies: 6
Views: 196

Re: Will America ever be great again?

Doodle, thanks for posting this. It is a thought provoking, take-a-step-back-and-think read. Partial answer to your question in the article: Californians tried to build a high-speed rail line. But after more than a decade of government incompetence, lawsuits, cost overruns and constant bureaucratic ...
by sophie
Wed Oct 09, 2019 8:12 am
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 623
Views: 58901

Re: Will Trump be Re-elected?

So, yes, compared to what else is on offer, I personally think that Trump's demeanor reflects well on our country. He's comfortable in his own skin (as creepy and scaly as that might be). I'm not following this argument... An authentic asshole, who doesn't try to filter his public behavior or react...
by sophie
Wed Oct 09, 2019 7:46 am
Forum: Permanent Portfolio Discussion
Topic: The Lively HSA
Replies: 85
Views: 26899

Re: The Lively HSA

Glad to hear it!

Selling out of TDA to simplify the transaction was a good move. Also, it's possible that my problem with Lively wasn't usual.
by sophie
Tue Oct 08, 2019 9:02 am
Forum: Other Discussions
Topic: Monarchism
Replies: 17
Views: 440

Re: Monarchism

Ad, I'm curious...What were the problems with the Enlightenment? I hadn't heard that described negatively before. Also, you could make a case that the history of the Roman Church's dominion prior to the Reformation was no better than what you described post-Reformation: it effectively shut down sci...
by sophie
Tue Oct 08, 2019 8:44 am
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 65
Views: 2847

Re: Gold / Stock / Bonds at highs or near highs?

Another strategy: wait until the PP as a whole goes through a negative performing couple of months and then buy in. This is a great idea. I disagree. I think this is a terrible idea. What if the next time the PP has sustained negative returns is 10 years from now? You think waiting 10 years for tha...
by sophie
Tue Oct 08, 2019 8:33 am
Forum: Other Discussions
Topic: Estate Taxes
Replies: 19
Views: 342

Re: Estate Taxes

But once again, if the threshold is $32M now, who is to say it won't be $1M ten years from now when they realize they grossly underestimated the cost of these 'free stuff' programs. If you don't belive me, look at Obamacare. +1. That's the "slippery slope" problem. Also yes, implementing a wealth t...
by sophie
Sun Oct 06, 2019 8:30 pm
Forum: Other Discussions
Topic: Meritocracy's Miserable Winners
Replies: 8
Views: 213

Re: Meritocracy's Miserable Winners

Hardworking outsiders no longer enjoy genuine opportunity [to join the top 5%]. WTF does this even mean? In his next sentence, he says that 3% of the middle/lower class will join the top 5%. Implying that 3% of the top 5% drops out of it. If there is 60% turnover in the top 5% over some period of t...
by sophie
Sun Oct 06, 2019 10:18 am
Forum: Permanent Portfolio Discussion
Topic: Gold / Stock / Bonds at highs or near highs?
Replies: 65
Views: 2847

Re: Gold / Stock / Bonds at highs or near highs?

Moving into the PP gradually from cash gives up some returns on average, but if it's easier for you to handle then that's completely justified. Another strategy: wait until the PP as a whole goes through a negative performing couple of months and then buy in. Whatever you do though, don't buy in one...
by sophie
Sun Oct 06, 2019 10:14 am
Forum: Other Discussions
Topic: Meritocracy's Miserable Winners
Replies: 8
Views: 213

Meritocracy's Miserable Winners

An interesting take on overwork vs. privilege, that somehow manages to conflate "diversity", class/race issues, and the fact that if you win the game and become a member of the elite you're likely to be miserable. https://www.theatlantic.com/magazine/archive/2019/09/meritocracys-miserable-winners/59...