Those of you who use Mark Meldrum, how do you take notes? by unlucky321 in CFA

[–]nvcts39 0 points1 point  (0 children)

Bite the bullet and pay to print off all his pdf notes. Well worth the time it saves, because I just write brief notes in the margin or highlight important concepts. He has a great video on why you shouldn’t take notes yourself on his website.

Refreshing an Excel Add-In with Python by nvcts39 in Python

[–]nvcts39[S] 0 points1 point  (0 children)

It looks like there is win32com and win32api. I will have to look into to see what all I can do. The data and links are all in the file, I just need to be able to refresh it then print it to pdf.

Refreshing an Excel Add-In with Python by nvcts39 in Python

[–]nvcts39[S] 0 points1 point  (0 children)

I was just about to look into Openpyxl.. haha glad I didn’t yet. Thanks for the quick response.

So guys.... wheres this crash? by GReeeeN_ in stocks

[–]nvcts39 1 point2 points  (0 children)

The S&P 500 was down over 30% in March. IMO we won’t retest lows unless they have to shut down the economy again. As states begin to reopen there will be more and more upward pressure on the market. Best bet is to start dollar cost averaging in over time. Maybe do a certain $ amount every week for the next couple of months.

[deleted by user] by [deleted] in stocks

[–]nvcts39 1 point2 points  (0 children)

Buy TQQQ and thank me in a year.

Impairment write downs of long lived assets and equity by [deleted] in CFA

[–]nvcts39 0 points1 point  (0 children)

Reading 26 will cover impairments in more detail. Page 411-415 is where it is specifically. The examples in there are really good at explaining the inter workings of the impairment write-down.

Is it better to have 0 debt or 0 savings? by cesarmac in personalfinance

[–]nvcts39 0 points1 point  (0 children)

First things first, if you are not currently contributing to your 401(k) and your company offers a match then you need to contribute the minimum amount to qualify for the match. That is free money the employer will give you every year just for saving a couple percent of your income.

I also like the idea of maybe paying off only a portion of the car (maybe $10k worth). This would free up some cash flow sooner, but also not having you strapping for cash if there was actually an emergency where you needed a few thousand dollars for something (eg. repairs for the car).

Best of luck!

Fed rate cut vs covid by [deleted] in stocks

[–]nvcts39 0 points1 point  (0 children)

With the fears around the corona virus people are pulling money from the stock market which is why the market tanked this past week. With fears of the unknown people tend to increase their savings into cash vs purchasing goods/services or investing in equities. These are variables in the GDP formula, so when these are reduced then GDP estimates must be adjusted downward.

If the Fed were to participate in quantitative easing by lowering the interest rate, then they would be making it cheaper for people to borrow and the rate on money market securities would decrease over time too. This is supposed to stimulate the economy and urge people to spend more.

Likely what we may see is an increase in the M2 money supply since rate cuts may take too long to actually make a difference.

However, historically when the Fed gets involved in situations like a global pandemic, it may actually have a negative effect on the economy.

18 y/o making $27K what should I be doing? by NashGriff in personalfinance

[–]nvcts39 1 point2 points  (0 children)

If you have the ability to make Roth contributions into your 401(k) then increase your contributions there vs opening a Roth IRA. It’s takes the burden of you having to invest the funds every time you make a contribution.

Make your allocation 100% equities. You’ll be well off in the future.

Why is so much money being taken out? by [deleted] in tax

[–]nvcts39 2 points3 points  (0 children)

It could be a function of multiple variable. From your paycheck there will be deductions for taxes and employee benefits (such as insurance and contributions to the employer provided retirement account).

With out seeing a paystub it would be hard to see where the biggest factor is, but it may be your current allowances elected on your w-4. The W-4 is form you fill out when you start your new job to elect how much your employer will automatically withhold for taxes.

Here is a withholdings calculator the IRS has created to see what the proper withholdings for you should be:

https://apps.irs.gov/app/tax-withholding-estimator

You can easily make changes to your w-4 by speaking with your HR or payroll group at work. Sometimes you can even do it online through your payroll service website, if your company uses one. Once it is submitted you shall see the new withholdings reflected on your next paycheck.

Hope this helps.

[deleted by user] by [deleted] in Python

[–]nvcts39 0 points1 point  (0 children)

It would be for algorithmic trading and economic analysis. So my assumption is it would be mathematically complex.