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| Location: | BR |
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| Interests: | LSU |
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| Number of Posts: | 11174 |
| Registered on: | 6/2/2005 |
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Red Notice by Bill Browder
Posted by Books on 8/1/18 at 1:13 pm
Began this Monday and cannot put it down. Especially page turning for a true story.
Browder's grandfather is Earl Browder, former head of the US Communist Party. Bill grew up to be a capitalist investor as CEO of the one of the largest foreign investors in Russia. He began working in Poland right after the fall of the Soviet Union and was one of the first investors in the privatized corporations in Eastern Europe.
Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice
Browder's grandfather is Earl Browder, former head of the US Communist Party. Bill grew up to be a capitalist investor as CEO of the one of the largest foreign investors in Russia. He began working in Poland right after the fall of the Soviet Union and was one of the first investors in the privatized corporations in Eastern Europe.
Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice
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Rolling active Roth401k into personal Roth IRA
Posted by Books on 7/27/18 at 6:29 am
approximately 1% in fees in my current employer Roth401k account on top of the ER of the index funds I’m invested in. Subsequently, the more my Roth 401k grows, the more I’m paying in fees.
Is there typically a rule that would prevent me from rolling this active account into a personal Roth IRA periodically (quarterly) to lessen the impact of fees?
I would also benefit from a wider selection of funds in my Roth IRA through Vanguard
What are the negatives to this approach? Is this a common practice?
Is there typically a rule that would prevent me from rolling this active account into a personal Roth IRA periodically (quarterly) to lessen the impact of fees?
I would also benefit from a wider selection of funds in my Roth IRA through Vanguard
What are the negatives to this approach? Is this a common practice?
re: Recommendation for laptop/tablet request
Posted by Books on 3/10/18 at 6:34 am
Great. Appreciate the suggestion
Recommendation for laptop/tablet request
Posted by Books on 3/9/18 at 6:17 am
Asking for someone who’s only need is to check emails, browse the internet and Skype. No need to Microsoft applications like Word or excel.
Is there a particular laptop with only these basics or is a tablet more ideal? This is for an older person not especially tech savvy.
Is there a particular laptop with only these basics or is a tablet more ideal? This is for an older person not especially tech savvy.
re: Big Brother 19 - Season Long Thread
Posted by Books on 9/21/17 at 1:25 pm
LINK /
quote:
EW also asked Julie about Cody Nickson winning America's Favorite Houseguest/Player. To EW, it was surprising, since Cody was out of the house pretty early -- twice -- and was the first juror. Here's Julie's response:
"Cody not only won America's Favorite Houseguest, but he won by A LOT! Wow. I guess people responded to him suddenly being the underdog and being persona non grata in the house. He was also not a phony. He was straightforward with people — if he didn't like you, he told you to your face... for better or worse. People responded to his honesty if you will."
From here, it looked like Kevin Schlehuber might have the AFP edge, since he's the kind of guy BB fans tend to go for. But Jessica Graf rallied the BB realm for Cody, and other fans just really wanted to send a message to Paul and his minions. Cody was the only one only who tried to get Paul out all season. He was rewarded $25,000 for that -- and he earned it.
re: Tools to calculate Net Worth
Posted by Books on 7/20/17 at 12:16 pm
PC is great for overall investing snapshots and cash flow, but their portfolio performance tracking needs work.
Told them I really liked their website but handle my own finances/investing. He said he would remove me from their call list and asked me to give them a call if I ever wanted help.
Told them I really liked their website but handle my own finances/investing. He said he would remove me from their call list and asked me to give them a call if I ever wanted help.
re: Russillo show opinion
Posted by Books on 5/11/17 at 1:29 pm
quote:never had an opinion on him until today. He's fricking terrible w/ this Dana White bit.
Will Cain is beyond obnoxious
re: Portfolio advice
Posted by Books on 4/6/17 at 9:25 am
Owning more than 10% of your equity in REIT's is generally not recommended b/c they represent a narrow market sector & limited number of holdings available.
re: Portfolio advice
Posted by Books on 4/5/17 at 8:55 am
quote:bullshite. There is no free lunch.
all I'm saying is if you want a no risk approach but still have outsized returns it's probably going to be indexing in tech related funds
re: T-Bob just announced he's leaving WWL
Posted by Books on 2/3/17 at 9:01 am
quote:Hunt would at least attempt some objectivity regarding O. Culotta + T-bob, with DP feeding them info will be a 24/7 Orgeron slobfest
I used to podcast Culotta and the Prince, then for about a week I tried with Hunt Palmer, but he's very difficult to listen to. So I just stopped. It didn't help that they were knighting so hard for Orgeron either.
Potential to be the worst show on 104.5
re: How often do you make contributions to your portfolio?
Posted by Books on 1/10/17 at 3:31 pm
quote:https://www.bogleheads.org/wiki/Rebalancing
how does one "rebalance"
what is meant when i read that?
re: How often do you make contributions to your portfolio?
Posted by Books on 1/10/17 at 1:28 pm
I'm referring to bond funds, Total Bond Market Index
Ideally, I would make regular contributions and allocate the new funds with respect to my desired AA.
However, I have limited space in protected accounts (Roth), so once that's filled, I would be making regular contributions that are equities, and have a portfolio that is consistently out of balance because of this.
Ideally, I would make regular contributions and allocate the new funds with respect to my desired AA.
However, I have limited space in protected accounts (Roth), so once that's filled, I would be making regular contributions that are equities, and have a portfolio that is consistently out of balance because of this.
re: How often do you make contributions to your portfolio?
Posted by Books on 1/10/17 at 1:07 pm
How are you allocating those $10k amounts relative to your AA? My issue is that I often have limited space in my tax-protected accounts--and in turn the amount of bonds I can buy--so if making periodic $10k contributions, I will consistently end up out of alignment by purchasing equities everytime.
In that case, my rebalancing will be due in large part to the contributions each year, as opposed to market fluctuations. Would that even matter?
In that case, my rebalancing will be due in large part to the contributions each year, as opposed to market fluctuations. Would that even matter?
How often do you make contributions to your portfolio?
Posted by Books on 1/10/17 at 12:31 pm
401k aside, how often do you contribute to your portfolio, and do you rebalance your portfolio at each contribution?
I would prefer to rebalance at 12+ months, but it seems the only way to accomplish this is hold off on contributions until this time.
I prefer this schedule in part because at 12+ months, I am able to avoid short term gains, significantly reducing taxes should I need to sell while rebalancing. Studies have also shown that portfolios rebalanced at around 18 months outperform those rebalanced more regularly. Am I wrong in this approach?
What should take precedence: getting funds into the market as soon as available, or the rebalancing on a set schedule?
I would prefer to rebalance at 12+ months, but it seems the only way to accomplish this is hold off on contributions until this time.
I prefer this schedule in part because at 12+ months, I am able to avoid short term gains, significantly reducing taxes should I need to sell while rebalancing. Studies have also shown that portfolios rebalanced at around 18 months outperform those rebalanced more regularly. Am I wrong in this approach?
What should take precedence: getting funds into the market as soon as available, or the rebalancing on a set schedule?
re: Update - Will Add as I get it
Posted by Books on 11/19/16 at 8:28 pm
Always thought you were an idiot. This proves it.
Palermo's on Jefferson
Posted by Books on 4/22/16 at 9:04 am
Stabiler owned restaurant recently opened former Latte e Miele location. Anyone been yet? Supposed to have a similar priced menu to Little Village with a more traditional Italian menu
LINK
LINK
re: Question regarding my IRA investment fees
Posted by Books on 4/20/16 at 11:39 am
quote:Good starting point LINK
Is there something that does explain the impact of fees?
taking the average of your 4 IRA funds (.83% exp. ratio) vs Vanguard Total Stock Mkt Index Admiral shares (.05%)+ Vanguard Total Bond Mkt Index Admiral (.07%) avg. expense ratio of .06 over 30 years and a 10% annual return
re: Question regarding my IRA investment fees
Posted by Books on 4/20/16 at 11:21 am
those are all relatively high fees.
If you're looking for comparative Vanguard funds, you can search here. LINK
quote:You also have an 82% turnover which will increase capital gains and your taxes in this brokerage account
I also have a brokerage account that is invested in BALCX (American Funds). The balance is around $9k. Here are the expenses for this fund:
0.23 Annual mgmg fee
0.15 other
1.00 12b-1
1.38 expense ratio
If you're looking for comparative Vanguard funds, you can search here. LINK
re: Roth IRA advice.
Posted by Books on 4/19/16 at 1:14 pm
quote:depends on the index
And it has beat the index, so your argument is moot.
re: Roth IRA advice.
Posted by Books on 4/19/16 at 12:18 pm
quote:LINK
I'm telling you right here that most advisors aren't trying to outperform an index. If they tell you they are then I can see why you would be disappointed...
American Fund claiming just that
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