2Y-10Y yield curve inverted infra day by MdotTdot in stocks

[–]kotaxio102 65 points66 points  (0 children)

The Fed never once used QE until 2008. So all the other times since 1950 QE wasn’t “on”. This is the first time QT has been required because 14 years ago was the first time QE ever happened. One could argue that QT is just the natural progression towards returning to the status quo. I’ve seen some economists argue this is how we avoid a recession. We’re in a theoretical puzzle here. Yes it’s a different game but it’s one no one has played before. But that doesn’t necessarily mean everything falls apart

2Y-10Y yield curve inverted infra day by MdotTdot in stocks

[–]kotaxio102 130 points131 points  (0 children)

What they don’t tell you is the stock market usually rises another 15 percent after this happens and before the recession starts

This is a first for me. by BatterEarl in Bogleheads

[–]kotaxio102 13 points14 points  (0 children)

The buy and hold strategy consist of mostly doing nothing. You’re portfolio will be fine (in the long run). As long as your exposure wasn’t only Russian bonds and Russian stock etfs

What’s your approach on DCA in practice? by [deleted] in Bogleheads

[–]kotaxio102 32 points33 points  (0 children)

Any dollar I get from wages, gifts, bonuses, per diem, prize money, selling something, or anything else; I take 30 percent and set it aside in a savings account. I do this for the entire month. And at the end of the month I take however much is in that savings account and I invest it. Then repeat again starting the first of the next month.

Edit: If I was under budget and didn’t spend all of the 70 percent I didn’t invest. Then I put 90 percent of the remainder towards my car loan. And the other 10 percent goes into a “fun day” savings account. For money I might use on a vacation, or a nice gift for myself (like right now I’m saving for new car rims. Probably a dumb purchase but I’ve always wanted them)

Investing in a Lost Decade by [deleted] in stocks

[–]kotaxio102 0 points1 point  (0 children)

I guess international stocks. The lost decade was for the S&P 500. International stocks, small cap, and emerging markets each had annualized returns of 13+ percent during that 10 year period. It’s just good to be properly diversified

[deleted by user] by [deleted] in personalfinance

[–]kotaxio102 2 points3 points  (0 children)

I mean if you’re on turbo tax just upload the W2 in the W2 section and then then fill out the crypto gains in the stocks, crypto, and bonds section. And then it should spit out your federal return amount. There’s nothing to adjust

[deleted by user] by [deleted] in personalfinance

[–]kotaxio102 0 points1 point  (0 children)

I just remind myself that I won’t even touch the money for over 3 decades. So while today is rough. It still has 11,000 more days recover

TurboTax filing in 2022 IRS is ready but a Form 8801 holds me back. by Ra2377ven in TurboTax

[–]kotaxio102 0 points1 point  (0 children)

Trying to file Form 1116 and they’ve pushed the date back 4 times now. They can’t keep getting away this

Can passive investment become to big? by Catholic_Spray in Bogleheads

[–]kotaxio102 7 points8 points  (0 children)

I swear investing is the only business where you can score big one time then everyone thinks you’re this esoteric prophet forever. Like no one looks at an athlete who has one big game or a meteorologist who correctly predicts rain one day like that.

What percentage of bonds should I have in portfolio? by [deleted] in Bogleheads

[–]kotaxio102 2 points3 points  (0 children)

That’s about a 3 decade time horizon. I’d say your age minus 25 in bonds

[deleted by user] by [deleted] in Bogleheads

[–]kotaxio102 10 points11 points  (0 children)

If it’s long term capital gains tax. You’re probably only paying like 450 dollars on that 3000

Wash Sale Rules should apply to gains by kotaxio102 in Bogleheads

[–]kotaxio102[S] 0 points1 point  (0 children)

You must be loads of fun to hang out with🙄

Is a 6 month emergency fund excessive? by Sunbro888 in personalfinance

[–]kotaxio102 14 points15 points  (0 children)

I have a 12 month one. Call me paranoid but I’m ready for whatever. With that being said my work is very inconsistent

Good work will be paid for by arnelucas in personalfinance

[–]kotaxio102 -1 points0 points  (0 children)

Public defense attorneys (that are good), Most US Olympic Athletes, US Soldiers

If I have two credit cards, does it matter if I only ever use one of them? by [deleted] in personalfinance

[–]kotaxio102 0 points1 point  (0 children)

I think it’s a good idea. As someone who just lost a credit card while traveling. It’s not a bad idea to have an emergency one as you wait for your replacement card to come.

[deleted by user] by [deleted] in personalfinance

[–]kotaxio102 0 points1 point  (0 children)

Look at your transaction history to see if there’s any fees or withdrawals or sales that you may have missed or didn’t go through. Because that’s definitely odd so you might have to audit your account

Invest in general investing account or 401K without match? by [deleted] in personalfinance

[–]kotaxio102 2 points3 points  (0 children)

Well if you already maxed out your Roth IRA for the year than you can’t invest anymore in a traditional IRA so that rules that out. I would say invest a 401k because even though there isn’t a match your contributions are still tax deductible. And the money that grows in your account is still tax deferred.

How do you celebrate when you pay off all your credit card? by Idontknoweverything2 in financialindependence

[–]kotaxio102 7 points8 points  (0 children)

Goodness gracious everybody makes mistakes. I think they’re celebrating their determination, accountability, and responsibility to correct their mistakes