re: OT- Cooking the Books

U so mad bro

I always take the distribution.

It's never up to the broker.

Investments and what to do with them should be your choice, not the broker's.

I'm sure they offer a reinvestment option.

I spent this morning reading up on CEF's in Roth's and it turns out they are the absolute best place to hold such assets with 1 exception...

If you are heavily invested in income funds overall, you are better off to have your straight-up dividend yeilding funds in your Roth and the CEF somewhere not tax protected, because of the already inherent tax advantage of ROC.

And depending on your tax status right now, you may be even better off with a CEF in a plain old individual brokerage account to get the immediate tax benefit, and not worrying about the future tax consequenses (like if you are already retired and living off the income day to day).

Toilet paper...never going to go out of style and there are more assholes born than die every year....everything else in life is a fad but shitting never ends....

Limit orders cost me more.


IRR still WINNING

The Fed is talking about raising interest rates.

I suggest buying stock in some anal lubricant.

Some of the advice here is scary... to be fair, your investment goals and risk tolerance are not nearly clear enough for anyone to be giving blanket investment advice without major caveats.

That being said, sound like you may like a solid low fee diversified dividend etf? (SDY for example) not sure why you want to be weighted more heavily towards REIT exposure exactly but there are plenty of good REIT ETFs with low expense ratios as well (VNQ).

Also the debate on whether "cash is king" totally depends on your liquidity needs and your current progress with maxing out your tax-advantages accounts. Roth IRA principal can be pulled quickly and penalty free anytime though.


Check out something like bogleheads.com forum for actual advice, I'm sure variations on your question has been asked and discussed much more rigorously on there multiple times.

Then you should use Scottrade or some other similar brokerage.

Scottrade charges $7 a trade.

Most brokerages don't charge extra for limit orders.

Have you ever heard of Kondratieff Economic Wave Cycles?

If not, do some research on them. Kondratieff was a Russian economist back in 1925 who found a wave-like pattern going back to the late 1700's and when applied from then to now, it has proven almost perfectly accurate in predicting global economic events.

K-Wave cycle theory has us in an almost identical trajectory to the 1928-29 global economic crash that kicked off our Great Depression in 1929.

Right now, Europe is on the verge of economic collapse. The EU will break up any day now, and with it will crumble the Euro. Japan has just had its 4th straight quarter of recession, which means they are now in a depression by definition. Japan and China will start going at each other before too long over land and resources they both claim they own.

The same thing happened in the late 1920's. Half the countries of Europe and Asia had financial meltdowns and crashed.

When this happened, the US markets also dropped and completely crashed once global trade came to a screeching halt. And then something peculiar happened. Every rich and super wealthy bloke in Europe and Asia made their way to the US and began investing in our markets because the Dollar was still strong due to the gold standard still backing it. And our stock market went from 47 in 1932 to 197 by 1937. A 313% gain in just 5 years.

Well this is the same thing that's going to happen here except faster.

Europe and Japan are going to crash. Our markets are going to panick and have massive sell offs and a mini-crash. But then every rich clown in Europe and Asia is going to unload their wealth in our market in companies that have been stockpiling cash reserves, and our market is going to skyrocket up for about a year or so. Like maybe even hit 25,000 to 30,000.

But then it's all going to catch up to us. The debt, the under-funded liabilities, the wasteful over-spending combined with global trade being crushed, and us sitting in an inflation/currency/interest rate bubble that has hit its limits and bursts. And within 6-12 months, our markets will be below 10,000, and possibly as low as 6,000 again.

It's going to get crazy soon. If you don't maneuver through this incoming wave properly, you can lose your arse bad. But if you get out and back in and then back out at just the right times and invested in the right things, you can be set for life.

Of the 28 countries in the EU, at least 19 of them are in unsustainable debt accumulation and 25 of them are deficit spending (spending more than their tax revenue). And 10 of them are even spending annually more than their entire country's annual GDP, while the remaining 15 are deficit spending between 15%-50% above their tax revenue.


Spain tax payers, for instance, would have to pay 100% tax just to nearly break even with their government's annual spending.

These countries are deficit spending and their debt is skyrocketing at rates that can't possibly be sustained.

Banks in Europe are at NEGATIVE interest rates, meaning it actually costs the consumer money just to store their earnings in a bank.

The Euro was $1.59 in 2008, it's now at $1.11 and this is after we have DOUBLED our M2 money supply from $6 trillion to $12 trillion of currency in circulation. How the hell does the Euro go down when we should essentially have inflated the Dollar by 100%?

And the refugee crisis is going to push these countries over the cliff. A bunch of foreign speaking immigrants who aren't working because of a language, education, and labor skill barrier, but are now siphoning gobs of welfare benefits out of the tax coffers, is going to bowl through their economies.

Japan is in even worse shape than Greece as far as debt is concerned. The only saving grace they have is a strong manufacturing and export industry. But they supplant that with selling goods at lower costs than everyone else. But they can't keep that up. They're losing too much money and going too far in debt.

So go ahead and invest in EU and Japanese emerging markets. I dare ya.