I hope it won’t go to the state!
Stock scream room
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- dualstow
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Re: Stock scream room
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Re: Stock scream room
It could. Or, the fund gets to keep it?
I'm 100% ignorant of it and low on my list of life's concerns.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Stock scream room
It is a question without a present answer.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
- dualstow
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Re: Stock scream room
Aaaand, the market is down over 2% just before closing, Dec 18.
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- I Shrugged
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Re: Stock scream room
S&P 500 ended up being down 2.95% on the day. Gold and Bonds took a beating as well as investors apparently were reacting to the announced expectation of only two quarter-point cuts in 2025 instead of the anticipated four.
I sometimes wonder if Jay Powell can see asset prices screaming upward or downward when he is giving his post-rate decision remarks.

- dualstow
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Re: Stock scream room
It was not pleasant watching the Dow go from up to down 500, 600, and eventually down more than 1000.
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Re: Stock scream room
It's been another roller coaster year.
I've been using Quicken since January 1, 1993. Have all income / expense and investment transactions in it. Plus, I have daily values of my investments.
Periodically I export the daily gains / losses for each investment into an Excel worksheet so as to first create a table of daily total gains / losses and then graphs based upon that table.
One graph is daily gains / losses while the other is cumulative to date.
The latter one graphically shows 2024's major upswings and major downswings throughout the year.
I've been creating these since around 2018 for each year. Seeing the sometimes big gains / losses for just one day led me to spend a lot of money on my house in 2022 as those daily gains / losses ARE real money. So why not spend some of it on my house? No different than the amount I was daily "spending" or "earning" via continuing my investment. Spending money on the house or having losses had the exact same result on my net worth.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Stock scream room
Agree with Xan, possibly you want to make a decision while you are still alive that best aligns with your wishes? Especially with your insider perspective on charitable organizations.
I didn't know the answer myself, so when I asked the "Internet": What happens to a donor-advised fund when the donor dies?, three possible outcomes were listed -
When a donor dies, a donor-advised fund (DAF) can be handled in a few ways:
1) Name a successor
The donor can name an individual or organization to continue making grant recommendations. The successor can make administrative decisions and continue the donor's charitable legacy.
2) Distribute to a charity
The remaining funds can be distributed to one or more approved charities and the account closed.
3) Become an orphaned fund
If no successor is named, the fund becomes an orphaned fund. The sponsoring organization becomes the owner of the unrestricted assets and is responsible for using them for charitable purposes.
Contributing to a DAF is irrevocable, the funds must ultimately distribute to a charity. That is, they will not go to a beneficiary like family. My guess is option 3 may not best align with your wishes, so maybe you prefer to designate a successor or charity now if you have not already?
Re: Stock scream room
Option 2 may not align either: does it mean that it goes to charities the fund has already donated to, or is it functionality equivalent to Option 3?
Sure seems like the best plan is to pick a charity now and give it the money. Then there's no problem and no paperwork.
Sure seems like the best plan is to pick a charity now and give it the money. Then there's no problem and no paperwork.
- dualstow
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Re: Stock scream room
You could organize a gameshow, Win Vinny’s Millions
Whoever guesses how many followers you have on Bluesky or how much you spend on cat food with the most accuracy gets to give the money to their favorite accredited charity.
Whoever guesses how many followers you have on Bluesky or how much you spend on cat food with the most accuracy gets to give the money to their favorite accredited charity.
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Re: Stock scream room
A married person with children has it easy for a will. All goes to the other spouse with children next.coasting wrote: ↑Fri Dec 20, 2024 8:07 pmAgree with Xan, possibly you want to make a decision while you are still alive that best aligns with your wishes? Especially with your insider perspective on charitable organizations.
I didn't know the answer myself, so when I asked the "Internet": What happens to a donor-advised fund when the donor dies?, three possible outcomes were listed -
When a donor dies, a donor-advised fund (DAF) can be handled in a few ways:
1) Name a successor
The donor can name an individual or organization to continue making grant recommendations. The successor can make administrative decisions and continue the donor's charitable legacy.
2) Distribute to a charity
The remaining funds can be distributed to one or more approved charities and the account closed.
3) Become an orphaned fund
If no successor is named, the fund becomes an orphaned fund. The sponsoring organization becomes the owner of the unrestricted assets and is responsible for using them for charitable purposes.
Contributing to a DAF is irrevocable, the funds must ultimately distribute to a charity. That is, they will not go to a beneficiary like family. My guess is option 3 may not best align with your wishes, so maybe you prefer to designate a successor or charity now if you have not already?
A single person without heirs does not have it so easy or predictable. Requires work to come up with something more complicated.
Same applies for charities. Requires work that I've not been currently willing to do.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Stock scream room
Requires me to put in time to decide upon one(s) that I'm unwilling to do now.Xan wrote: ↑Fri Dec 20, 2024 8:43 pm Option 2 may not align either: does it mean that it goes to charities the fund has already donated to, or is it functionality equivalent to Option 3?
Sure seems like the best plan is to pick a charity now and give it the money. Then there's no problem and no paperwork.
It's not high my list of priorities to achieve in the near future.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Stock scream room
It's a clever line and I am taking it to heart. I can only foresee economic damage for all of us as a result of a broad tariff program within the parameters Trump has promised. Rather than lose sleep over it, I'm not taking his promises literally, hoping it's all a bluff based negotiating strategy.
Let's see what happens. Hopefully in this case literal won't mean literal.
- dualstow
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Re: Stock scream room
Going to be an interesting morning for U.S. tech stocks.
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- mathjak107
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Re: Stock scream room
they were so over valued , i am not surprised…….when vanguard adds a warning to the prospectus of its total market and s&p funds that they are no longer diversified as 7 stocks account for 35% of the index it’s time to rethink your plan and how much you allocated to them if a conservative investor
- dualstow
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Re: Stock scream room
I’m going to buy some at 10am
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- dualstow
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Re: Stock scream room

Treasurys feel great today, anyway.
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Re: Stock scream room
It's DeepSeek.
Re: Stock scream room
I tried Deepseek last night.
1) It would not allow me to register with my own domain email address. Said it was not available for that domain.
2) Successfully and easily registered using my gmail address.
3) Asked it to tell me about me - giving it: my name, town, state, zipcode
4) Response:
"As of my knowledge cutoff in October 2023, I don’t have specific information about an individual named"
October 2023???!!!
Nothing at all on me?
I did the same in testing Perplexity Pro. While it did not astound me with what it had on me it did have a fair amount.
But nothing?
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: Stock scream room
Have you used it yet?
Based upon my experience as I described I'm not going back to it.
I am now starting to like Perplexity Pro (which I got a free subscription to for a year from Comcast / Xfinity).
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
- dualstow
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Re: Stock scream room
You're a braver man than I, Vin. My wife already uses WeChat. I don't think I'd like to volunteer my info to a Chinese chatbot.
Btw, DeepSeek has been hit by a cyberattack.
Btw, DeepSeek has been hit by a cyberattack.
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Re: Stock scream room
I did not install Deepsink on this computer. I interacted with it via my web browser. But, as stated, based upon my experience with it I'm not seeing any value in it.
Will need some others raving about it or me trying it again in the future and being impressed with it the next time around.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."