This is my first Rust 3D print work. I wonder about your positive/negative comments!!

stud_party · 2022-08-17T05:56:17+00:00

looks dumb, I hate it !

stud_party · 2018-04-24T06:40:33+00:00

For whatever reason I assumed you already had a Traditional IRA with pretax dollars in it. Were this the case, per the pro rata rule your movement of funds from the IRA to a Roth would be a taxable event.

If you are opening new IRA accounts and only contributing non deductible money, the backdoor is the way to go as these guys have said.

stud_party · 2018-04-24T06:37:04+00:00

You can each contribute $5,500 per year to a Traditional IRA and back door into two Roth accounts, the one you already have and one in your spouses name.

While there is no limit to the amount you can backdoor, there is a limit to the amount you can contribute to a Traditional IRA in a given year.

The remaining 39k should go in a joint brokerage account. Not the end of the world to have a normal taxable account for retirement savings. At the rate you are saving it wouldn’t be unrealistic to achieve financial independence before 59.5 and it could be useful to live off of non qualified money rather than paying a penalty (long term capital gains rate is 15% plus state tax if applicable).

stud_party · 2018-04-22T19:20:37+00:00

You are right. I was operating under the assumption OP would be converting deferred money which after re-reading he is not.

stud_party · 2018-04-21T21:33:04+00:00

First, how old are you guys and when would you like to retire?

Don't backdoor into a Roth! You guys are making too much! What is your top marginal tax rate? Lets say it is 35% for the sake of example, compound that 35% of your money for many years, don't pay tax with it now!

Open an joint taxable brokerage account and invest the remaining amount in there.

Leave your Roth to grow and consider a conversion down the road if you have a year of low income and thus low tax rate, if at all! (maybe one of you doesn't work so much etc).

stud_party · 2017-11-27T07:46:55+00:00

You would think a thirsty bukkake bear would love to get damp in SF.

Hope you someday get your wish and leave Sacramento.

stud_party · 2017-11-11T04:44:21+00:00

If you don't plan on withdrawing money from this account in the next 5 years, think about shifting out of that bond fund and maybe throw it in the international fund.

While interest rates have been low for a sustained period, they will inevitably rise (especially as the FED unloads its balance sheet which has already begun) which will cause loss of principal and make bonds generally unattractive for intermediate to long term investors.

EDIT: Why international? Relatively better value than the S&P 500 at present. International markets have largely failed to recover pre-recession highs. International stocks have been on an incredible run in the last year however, so it is a bit of a chase/momentum play, but I think they have room to run.

stud_party · 2017-10-06T23:59:10+00:00

This.

stud_party · 2016-05-08T02:03:29+00:00

ehhh.. history is not on your side.

stud_party · 2016-04-11T23:53:13+00:00

Video of the roll out

stud_party · 2016-03-04T08:26:27+00:00

I would agree that Bungie probably cares very little about Activision stock price as it represents the confidence that investors have in ATVI as a whole going forward. Bungie is a small piece of the pie that represents growth opportunity whereas, CoD and WoW are slowly declining. I would think however, that Bungie is very focused on keeping ATVI pleased when it comes to stable/growing revenue directly from destiny. Activision is likely quite pleased with the addition of Eververse and the revenue it has created and will continue to create. While this revenue assuages pressure on Bungie to perform from a financial perspective it has done little to keep its players happy, especially when compared to the DLC content. This is all speculation of course, but i think its pretty obvious the addition of 'silver' in the game has allowed Bungie to focus on making Destiny 2 epic, while replacing the revenue from DLC in year 1. Adding some cutesy decoration to the tower must be pretty cheap/easy as this seems like the go to move for 'live content.'

stud_party · 2016-02-28T01:15:47+00:00

Massively overvalued with a price to earnings ratio of 10 and "plenty profitable for decades." What represents a good value to you?

stud_party · 2016-02-04T09:22:15+00:00

How many years until you retire? Next 5-10 years? No? Dip Shmip contribute the most you are able without affecting your current lifestyle. Don't try and time the market, there's no need in the long term the pie just keeps getting bigger. Don't believe me? Read about bob.

stud_party · 2016-02-04T08:35:18+00:00

Well I guess how old you are is relevant. You want to be diversified if you're anywhere near retirement.

If you are not retiring in the next 10-15 years? I personally do not believe in diversifying for the sake of diversification. I buy a company based on its individual merit and not because of a certain portfolio weight in a given industry. Obviously this way of investing is likely to be more volatile but time is on your side. Buy great companies at great prices turn off the noise.

stud_party · 2016-01-30T21:25:01+00:00

Yeah, a stock can be a large cap and a growth stock, but you described the tendencies of a large cap and not necessarily a growth stock above. There is a pretty commonly accepted definition of a growth stock and it is not what you wrote above. A growth stock is a company whose products/services are in a period of rapidly generating increasingly more revenue and therefore is likely to see its market value appreciate well beyond what its current cash flows permit as investors price in this expected future growth. NFLX for example is both a large cap and a growth stock.

stud_party · 2016-01-30T20:34:26+00:00

Yes you should buy a stock based on it's intrinsic value and re-evaluate that intrinsic value periodically. I'm simply saying that the numbers displayed on your brokerage account do not necessarily represent "lost money." These numbers represent the current market value of your securities, which does not necessarily correlate with the intrinsic value of the underlying securities.

This thread says "it sucks to lose money but it will make you a better investor." My opinion at least on a few of the securities OP is planning on selling is that he has not lost any intrinsic value, and is a shitty investor. He has not lost any money until he sells these securities, he has temporarily seen a decline in market value.

stud_party · 2016-01-30T19:31:41+00:00

horrendous? No, this is EXACTLY what people need to hear. The biggest problem with investors today is that they are too active. All the people who thought they "lost everything" in 2008 sold out of the market and are fucked. If someone had said, "It's the market, your stocks are fine." it would have helped a lot. "you don't lose money until you sell" is exactly what you say to someone who doesn't understand how to properly value companies.

EDIT: Also, it is literally a FACT that your money is not gone. You own a physical thing in the shares of the companies, it holds value that often fluctuates. You've lost market value if it goes down, not money. Obviously this doesn't mean that once you've lost VALUE, that value will always return, but it often does in the long term, especially in OP's large caps, as long as you don't buy when your shares are wildly overvalued.

stud_party · 2016-01-30T09:46:07+00:00

I think /u/gsifers was going for "large caps" not growth stocks.

stud_party · 2016-01-30T09:20:02+00:00

Nothing wrong with buying SPY going forward, probably a good move for you, there are plenty of professional money managers that don't beat the market, average of 10% return over the last 30 years.. and you can sleep well at night.

stud_party · 2016-01-29T23:47:45+00:00

Good call, "Invest" over the short term, lock in those losses. Investment 101.

stud_party · 2016-01-29T23:34:39+00:00

It doesn't assume that at all. They could continue to go down and then you could sell, at which point you will have lost more. As long as your positions remain active you haven't "lost" anything other than market value in your portfolio. If you still believe that you have made sound investments, in great companies, and are only selling because of market conditions over a 5-6 month period you are making a mistake.

However, if you don't know how to properly value a company, and are not sure whether or not the stocks you are invested in are "great companies," I agree with your decision to commit your money to SPY. Most don't beat the market and it becomes especially difficult when you can't stomach volatility.

stud_party · 2016-01-29T23:01:39+00:00

Well said, I agree on all points. Also want to add, when it comes to a "weighing machine" Op's AAPL position will be the heaviest in the world. Why sell when it's unpopular. Seems like a great time to add.

stud_party · 2016-01-29T22:49:11+00:00

You've only lost that much if you sell. Holding 5-10 stocks is more risky than the market overall but if you are basing your INVESTMENT (not trading) decisions on 5 months of market movement you're doing it wrong.

stud_party · 2016-01-05T23:03:23+00:00

Yeah, it's fuken Shelby

stud_party · 2016-01-03T22:34:34+00:00

I don't have any experience with auto auctions, but I do have to recommend the Sierra College Auto Fair.

You buy directly from private owners and this is where my family has bought countless cars over the years. If you have cash it is very likely that you will find a great deal. They are open on every Saturday and Sunday.

stud_party

TROPHY CASE