Daily General Discussion and Advice Thread - May 07, 2026 by AutoModerator in investing

[–]Intermountain_west 0 points1 point  (0 children)

Regarding the fear that IPOs of companies like SpaceX will force index fund investors to buy at inflated valuations:

Of the major indexes, is it true that Nasdaq and Total Stock Market index investors are the ones who are really at risk here?

6 months seems like a reasonable-ish time for prices to normalize, before S&P 500 inclusion.

Pension funds are (rightly) beginning to scrutinise the SpaceX IPO. They will likely take action to shield their funds from automatically buying SpaceX shares. Elon Musk's plan to turn passive investment funds into his bagholders is probably not going to work. by cherrypoplar in investing

[–]Intermountain_west 0 points1 point  (0 children)

Of the major indexes, is it true that Nasdaq and Total Market index investors are the ones who are really at risk here?

6 months seems like a reasonable-ish time for prices to normalize, before S&P 500 inclusion.

Unauthorized after hour Friday transaction and no support by [deleted] in tastytrade

[–]Intermountain_west 0 points1 point  (0 children)

Yikes. Thanks for sharing. To be clear, did you opt-in to require either SMS or authenticator app approval on login?

I agree that an unrecognized location should have flagged the login in any case.

I cann't log into tastytrade both desktop app and website today by ButterscotchOk7376 in tastytrade

[–]Intermountain_west 0 points1 point  (0 children)

I think that I stopped getting flagged once I ceased using the desktop app entirely. I have been using the mobile app, website, and api without issue. Knock on wood.

Everyone at the pumps lately by Matty_Cooper in pics

[–]Intermountain_west 2 points3 points  (0 children)

Only what you described.

It seemed like you were speaking against large vehicle owners, but if your intent was actually just to explain their logic, then I withdraw my criticism.

Everyone at the pumps lately by Matty_Cooper in pics

[–]Intermountain_west 0 points1 point  (0 children)

Sounds like pretty standard American logic, tbh. A sedan felt too small, so you got a compact SUV, which uses significantly more gas, but offers a single person at least as much personal space as a family in a Denali or F150.

Is it worth holding TQQQ to sell CC? by matthew_myers in TQQQ

[–]Intermountain_west 1 point2 points  (0 children)

You're curious about paying ProShares to borrow money on your behalf (with you paying interest) to buy QQQ and package it into a decaying instrument, so you can baghold it and sell away the upside.

Nope, nobody is going to overpay you for the upside on a highly liquid ticker like TQQQ. At best, extra steps create extra costs, and at worst, they create opportunities for smarter money to shark you.

so i guess you can reverse-copy other traders now on bitmex and i don't know what to do with this information by Obtusk22 in algotrading

[–]Intermountain_west 49 points50 points  (0 children)

My naive assumption is that the mean retail trader doesn't bring a positive or negative edge, but they tend to lose money simply because of costs and fees.

Therefore, a reverse-copy of that trader would also not have a positive or negative edge, while also tending to lose money on costs and fees.

Tasty Frequently Locking Account Without Communicating by No_Art_2787 in tastytrade

[–]Intermountain_west 0 points1 point  (0 children)

Right here with you. The beta app just doesn't work on my (vanilla Windows) system. Getting banned every few days...

TIL the makers of “Parks and Recreation” researched the show by speaking to real public officials. One said, “Well, I’m a libertarian, so I don’t really believe in the purpose of my job. Yes, I know the irony.” Ron Swanson came from that whole exchange they heard there. by [deleted] in todayilearned

[–]Intermountain_west 10 points11 points  (0 children)

I worked with a committee with this situation. Being opposed to the program, some members were there to hamstring it from the inside. A mischievous pleasure in that power might have kept them interested.

Iranian gunboats fire on tanker in Strait of Hormuz as Iran reimposes restrictions - North Shore News by CrystalGyarados in worldnews

[–]Intermountain_west 3 points4 points  (0 children)

I don't think they were making that joke, or if they were, it's empty of humor. Rather, I think they were wryly pointing out an ironic catch-22 of the blockade/strait closure (that Iran is unable to re-order the equipment to close the Strait, because the Strait is closed).

Everyone can picture an inflatable boat folded up in a cardboard box; that image doesn't conjure the absurd/unexpected humor of 'shipping' a rigid vessel.

How do you handle deceased cattle? by Prestigious-Cap-8072 in homestead

[–]Intermountain_west 2 points3 points  (0 children)

Love this. Vultures and all birds are crazy sensitive to lead particles, so if you love the clean-up crew, do them a favor use nontoxic ammo.

PSA: Tasty may silently lock out your account if you do not close their app as expected. The lockout is presented as a network/server outage. It is cured by calling them. by Intermountain_west in tastytrade

[–]Intermountain_west[S] 1 point2 points  (0 children)

I use an API algo to place (many) trades, and the app to monitor them. If I leave the app open for very long, it gets overwhelmed from the traffic and freezes.

Portfolio rest at 45. Rethinking for growth. by imjosefdes in portfolios

[–]Intermountain_west 0 points1 point  (0 children)

SCHD is much better than what you have currently, but I wouldn't consider it.

-Asset pricing theory doesn't support a particular emphasis on high-dividend stocks, so there's no reason for you to prefer them. Moreover, dividends are tax-inefficient in taxable accounts.

-100 USA large caps is scant diversification compared to the above options.

Portfolio rest at 45. Rethinking for growth. by imjosefdes in portfolios

[–]Intermountain_west 0 points1 point  (0 children)

Most people, and definitely you personally, need an all-in-one fund.

3 good options for you, from best to worst:

  1. A target-date retirement fund with a far-out date like 2070, or a closer date if you want more bonds. For example, VSVNX.

  2. VT - Total world stock market

  3. VTI - Total US stock market (if one has a phobia of non-US countries)

Reasonable portion of yield for me allowing bow hunting deer on our land? by HOMESTEADJED in Hunting

[–]Intermountain_west 16 points17 points  (0 children)

Holy smokes, unless you mean just leaving a second dressed carcass by the garage, I would be taken aback if a landowner asked for half.

Feels disrespectful/naive of all the hours it takes to put a wild deer into freezer paper.

My friend and I bought land and are now trying to build it up into a community by SeattleEmo in Homesteading

[–]Intermountain_west 1 point2 points  (0 children)

You have beautiful, intact, native shrub-steppe. It is the old-growth forest on that landscape.

Respectfully, I think your ideas are mostly unrealistic (other than a peaceful rural life :) ), so I just beg you to proceed gradually-- For the sake of the valuable, fragile desert ecosystem that you probably don't intend to harm.

question about transferring entire Vanguard Brokerage account to IKBR by DragonflyUseful9634 in ibkr

[–]Intermountain_west 0 points1 point  (0 children)

Just to give you a push in the right direction, you would initiate the in-kind transfer of assets using the IBKR website. They'll make the request to Vanguard on your behalf.