Talking stocks, trading, and investing in general

[Omega Male]

That place has minted more profoundly rich nerds than Silicon Valley. There's a decent book about them.

 

[jbarwick]

I ordered that one from my Amazon wish list last week. Decided to clear that out and order every book I had on there.

 

[brokencycle]

Just put a hold at the library. Will have to go get that.

 

[Darkside]

So Vanguard returned an IRA rollover check because we did not say where to invest the funds though it was discussed on the phone. Quicker option was submit deposit via taking picture of the check like you do at your bank. This experience left me amazed they still do not do electronic funds transfers and it takes like a month or two to complete the process but you can submit checks on your phone. The whole process is a racket.

Reasons like this are why my FA told me to buy Vanguard mutual funds through ETrade. VTSAX, VTIAX, and VBTLX are NTF funds.

 

[venividivicibj]

Also saw Jim Simons is stepping down. Medallion fund was up 70+% last year while their public facing fund was down over 30%. Anyone ever met someone that worked at Renn Tech? I assume they are a quirky bunch to say the least.

Weird that the returns are that disparate. Not a good look

 

[otc]

I need to move my biggest taxable account out of my old roboadvisor. They are changing stuff around and I don't feel compelled to stick around. I'd like to stick with a roboadvisor, but I've decided I don't really care that much about features like Tax Loss Harvesting so I don't think it is worth the premium for Wealthfront or Betterment.

Anyone have experience with Vanguard Digital Advisor?

I wouldn't mind Schwab's offering (and already have an account with them) except for the forced cash position.

 

[Omega Male]

 

[jbarwick]

Reasons like this are why my FA told me to buy Vanguard mutual funds through ETrade. VTSAX, VTIAX, and VBTLX are NTF funds.

We will be almost Vanguard exclusive except for my wife’s 401k. We had about half at Fidelity but their interface is a nightmare and there are multiple entrance points so you can have various looks depending on where you login.

 

[UnFacconable]

So my company was recently acquired and I'm just a few weeks into the transition. I thought it would be bad but I have to admit after just a few weeks it's even worse than I imagined. I have never worked for a big company and now I never want to.

The 401(k) is "good" in that it has a fairly generous match but it has a vesting provision and the investment options aren't that great. My company's 401(k) was by comparison significantly better so the one area I had hoped to be better is not. Oh and no mega backdoor ROTH - although they acknowledge a lot of people are interested in it and that it's something that they could enable.

Long story short, I am glad I didn't roll my 401(k) over to them because I might leave before the rollover even would have completed.

EDIT: On the bright side, I do feel fortunate to be in a position to kvetch about this job because on the surface it's not a bad job, it's just not a good fit for me and I think I can find something more satisfying elsewhere. On some levels it's the worst lawyer job I've had which I guess makes me pretty lucky.

 

[gnatty8]

for those of you with a Bloomberg or Bloomberg Anywhere, great 40 minute interview with Jeremy Grantham, where he speaks at length about his “epic bubble” hypothesis.

 

[ryebreadiest]

That's a joke. Right?

You just buy a stock, wait for it to go up, and then sell it when it does. How can it go wrong? I’m making so much money that I don’t even care if you click on my referral link (please click on my referral link)!

 

[Omega Male]

 

[Piobaire]

S&P down .3%.

******* BIDEN!!

 

[venividivicibj]

 

[Omega Male]