For those who wonder, the vanguard index funds consist of multiple classes of the same fund. They are able to launder their gains through the institutional and ETF class. https://www.investopedia.com/how-vanguard-patented-a-system-to-avoid-taxes-in-mutual-funds-4686985 The process is completely leg...

For those who wonder, the vanguard index funds consist of multiple classes of the same fund. They are able to launder their gains through the institutional and ETF class.

https://www.investopedia.com/how-vangua ... ds-4686985

In 2008-09, after reading Bill Bernstein’s Four Pillars Of Investing, I rebooted into stock index funds for tax efficiency in my taxable space. Since then the value is WAY up but I have paid next to no taxes on any of the gains. I’ve paid on the dividends, of course, taxed at favorable qualified div...

Smith1776 wrote: ↑Tue Nov 12, 2024 4:41 pm My buy price for MSTR: $252 USD
My buy price for Bitcoin: $67k USD

I am currently up ~$95k CAD on my principle after just a few weeks in this position.

I know volatility cuts both ways.. but wowza. O_o

Is it money that you can’t afford to lose? (Channeling Harry)

Smith1776 wrote: ↑Tue Nov 12, 2024 4:31 pm We just briefly touched $90k today. Holy moly.

Yeah it’s nuts.

How much "Resistance" will there be this time? Will it be a normal opposition or will it be like 2016? I don't expect the opposition people in powerful DC positions to go quietly. But this time they don't have the House to bring an impeachment about nothing, as they did for his policy abou...

If it wasn't a landslide, it was at least a rock slide, the kind that tears up US Hwy 101 in California every so often.

The House margin being so slim, every interim election for a vacant seat will become a battle royale, unless it's a deep red or blue district.

boglerdude wrote: ↑Mon Nov 11, 2024 11:06 pm Maybe Goldman and Morgan are trading it back and forth like mortgages in 08. When it pops, fed bailout. Blame Trump.

That's funny because it's probably true!

I have a hard time fathoming who is making the bid at 84K.

The election was not simply about Trump. The result will never make sense to anyone that continues to frame it that way. Care to share your analysis? Almost any half decent R candidate would have won. Harris was arguably the worst presidential candidate in modern times. And most of what she represe...

I'll take a crack at it. As a traditionally agrarian society, urban southerners retain more rural traditions than urban northerners, whose ancestors were manufacturing in big cities much earlier. I think it’s more about ancestry. The Scandinavians, Dutch, Germans were more self-sufficient, introver...

I like dollar cost averaging over a year or so.

You have put a lot more thought into this than I have, but I agree with your conclusion. It’s not a bubble, but it has been a one way trade for too long. There is a lot of stupid money bidding up the prices of big ticket items, and a lot of debt. It’s time. I just can't help but think that stocks (a...

Dieter wrote: ↑Wed Oct 30, 2024 9:55 pm

I Shrugged wrote: ↑Wed Oct 30, 2024 12:51 pm I think I have to head over to Bogleheads to see what they think about gold.

Do tell what you learn

There didn't seem to be any active threads.

flyingpylon wrote: ↑Wed Oct 30, 2024 2:47 pm Can confirm the YouTube behavior. When I watch a video on a topic or from a creator I don't want to see again, I go into my watch history and remove it. That seems to help quite a bit.

Yeah me too.

I haven't tried just deleting all history. That seems extreme.

I've read none of this thread, ever. :) I feel like I spend enough time on YouTube as it is. But I have a question. Does anyone else feel that their YT feed has really gone to hell in the past several months? Like this: If I happen to watch a video about someone who found an old car in a barn, then ...

I think I have to head over to Bogleheads to see what they think about gold.

dualstow wrote: ↑Wed Oct 30, 2024 6:31 am 2780 this morning

To the moon!

2800.70 right now.

It doesn't feel like a bubble, not yet. Not until I hear some Gamestop-like enthusiasm.

If the topic is migrating to COVID, I've had some breathing issues that started after both vaccination three years ago and having had COVID two years ago. I've had a flare up and was at the pulmonologist yesterday. I asked him if there was any merit to my thought that maybe it was from COVID. He sai...

At this point I'd love an exchange from GLD to GLDM. I should call them.

But I think there are still "in kind" distributions allowed. However I don't know of any EFT that will distribute gold to you. Unless you are a market maker for the fund.

Isn't Schwab reportedly struggling? I have very limited experience with them but one thing that stood out was that they try to keep you cash in a "cash" status rather than in a low cost money market fund. It seemed I would have to move money from cash to a money market fund every time some...

That's very interesting. We have stuck with VG through thick and thin, even as many people were saying on Bogleheads that they were giving up and moving to Fidelity. VG has definitely struggled to keep up with its growth, but I've never felt anything like what you posted there.

I wonder what percentage of crypto, or bitcoin specifically, is held in "accounts" versus directly by the owner. I would think the accounts would be easily subject to taxation.

I know the Fed wonks issue all kinds of studies. And that a lot of it is just brainstorming which might not amount to anything actually being done. This one is interesting. The actual report is way too deep for me, but what I get out of it is that they are saying, "here's how we can have perman...