Stock Thread (4 Viewers)

[Polish Hammer]

Have an inherited IRA that I need to keep whittling down to have to zero by 2031. Don't have any "need" for the money in it this year, but selling off a chunk to convert out and still remain within my 2024 tax bracket. Looking to just reinvest at this point. Likely doing a Boglehead-esque fund at Vanguard (it's where the current inherited IRA is). Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

If it matters, for background info: age 47, may use this money to pay for some of my kids' college. One kid in freshman year of college now, other is a HS junior. Have 529s set up to fund roughly 2 years for each. Have other assets (cash, investments, whole life policies) that can be used to pay for the rest if for some reason it doesn't need to come from here or isn't wise to. 401ks are plenty big for retirement already, and have other monies with American Funds. This is a bit of "found money" that is in Wellington/Wellesley funds.

Didn't know if there's better funds or allocations to consider, or if there's some tax implication (now or down the line) I should examine.

 

[McBokonon]

Have an inherited IRA that I need to keep whittling down to have to zero by 2031. Don't have any "need" for the money in it this year, but selling off a chunk to convert out and still remain within my 2024 tax bracket. Looking to just reinvest at this point. Likely doing a Boglehead-esque fund at Vanguard (it's where the current inherited IRA is). Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

If it matters, for background info: age 47, may use this money to pay for some of my kids' college. One kid in freshman year of college now, other is a HS junior. Have 529s set up to fund roughly 2 years for each. Have other assets (cash, investments, whole life policies) that can be used to pay for the rest if for some reason it doesn't need to come from here or isn't wise to. 401ks are plenty big for retirement already, and have other monies with American Funds. This is a bit of "found money" that is in Wellington/Wellesley funds.

Didn't know if there's better funds or allocations to consider, or if there's some tax implication (now or down the line) I should examine.

Try posting here, too - in that thread, you'll get more well-rounded advice outside of just stocks, which is what you're after. In this thread, you might just get told to YOLO in MSTR options and hang the **** on.

 

[Polish Hammer]

Have an inherited IRA that I need to keep whittling down to have to zero by 2031. Don't have any "need" for the money in it this year, but selling off a chunk to convert out and still remain within my 2024 tax bracket. Looking to just reinvest at this point. Likely doing a Boglehead-esque fund at Vanguard (it's where the current inherited IRA is). Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

If it matters, for background info: age 47, may use this money to pay for some of my kids' college. One kid in freshman year of college now, other is a HS junior. Have 529s set up to fund roughly 2 years for each. Have other assets (cash, investments, whole life policies) that can be used to pay for the rest if for some reason it doesn't need to come from here or isn't wise to. 401ks are plenty big for retirement already, and have other monies with American Funds. This is a bit of "found money" that is in Wellington/Wellesley funds.

Didn't know if there's better funds or allocations to consider, or if there's some tax implication (now or down the line) I should examine.

Try posting here, too - in that thread, you'll get more well-rounded advice outside of just stocks, which is what you're after. In this thread, you might just get told to YOLO in MSTR options and hang the **** on.

Fair point - I didn't know that other one was there. I've enjoyed popping in here from time to time and mostly just follow Todem's advice. It was fun gambling on things like RIDE and CYDY, but since I never knew when to sell they are just sitting in my account waiting to offset a positive sell. Of course anything "boring" I bought a dip on (and/or following Todem) has largely been a positive and slow ride up. Not as fun in the moment, but easier to look at over time. Maybe I take some leftover cash in my "fun" account and put them into DOW and LBY and forget about them for a while...

 

[Sand]

Thinking 60% VTI, 20% VXUS, 20% BND. Any particular reason to consider anything different?

As long as this is long term money, sure. Nothing wrong with that.

 

[Capella]

No Santa this year?

Apparently not…..still….what a great year.

A Happy and Healthy New Year to everyone.

My 4 accounts this year are +103%, +45, +43 and +21. Cheers to that. Happy new year!

 

[Sand]

Stock market will be closed Jan. 9th - day of mourning for President Jimmy Carter.

 

[Todem]

No Santa this year?

Apparently not…..still….what a great year.

A Happy and Healthy New Year to everyone.

My 4 accounts this year are +103%, +45, +43 and +21. Cheers to that. Happy new year!

My taxable accounts are up 45% and 35% respectively. IRA is up 47% and my 401K is up 31%

No complaints. A blessed 2024.

Here is to good health and prosperity for 2025.

 

[Ridgeback]

Sorry, guys. I hopped on the LYB train. You were warned...

 

[pecorino]

An early-2025 roll of the dice: QQQ $525 calls with 1/17 expiry trading at $3. I’ll take a slice of that action, thinking that this late December sell-off may yield an early January buying spree. Can QQQ bump 3% in a couple weeks? It was just there a little while ago.

 

[fruity pebbles]

I don’t really pay attention to crypto, is Microstrategy really down over 40% in six weeks?

 

[Sand]

I don’t really pay attention to crypto, is Microstrategy really down over 40% in six weeks?

And yet still up 350% for the year. It's a bit of a superball - all over the place.

 

[Sand]

No Santa this year?

Apparently not…..still….what a great year.

A Happy and Healthy New Year to everyone.

My 4 accounts this year are +103%, +45, +43 and +21. Cheers to that. Happy new year!

My taxable accounts are up 45% and 35% respectively. IRA is up 47% and my 401K is up 31%

No complaints. A blessed 2024.

Here is to good health and prosperity for 2025.

21% up over all accounts this year. Add another couple percent of contributions. 23% total increase during the year is pretty incredible.

 

[steelerfan1]

21% and 27% in our accounts. And I still have no clue what I’m doing. I’d gladly take half of that this year!

 

[pecorino]

What happened? All of a sudden the SPY is a fragile baby.

 

[kevzilla]

What happened? All of a sudden the SPY is a fragile baby.

Everything I own fell down an elevator shaft in the last 30 minutes

 

[SFBayDuck]

I don’t really pay attention to crypto, is Microstrategy really down over 40% in six weeks?

And yet still up 350% for the year. It's a bit of a superball - all over the place.

Indeed. Just dipped below a double for me, but I was up almost 200% in November. It's a wild ride, for sure.

 

[urbanhack]

Did someone here mention QSI? Crazy last 48 hours.

 

[Bob Sacamano]

Did someone here mention QSI? Crazy last 48 hours.

NNOX, too.

:ducks:

 

[pecorino]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

 

[Bob Sacamano]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

Only that I'm skeptical there's going to be a greasing of the housing market.

ETA: Assuming by that you mean increase in construction.

 

[pecorino]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

Only that I'm skeptical there's going to be a greasing of the housing market.

ETA: Assuming by that you mean increase in construction.

Yes, an increase in construction but more so a rate reduction.

 

[Bob Sacamano]

Talking head on CNBC pimping Mohawk for the coming year. They do materials for housing and could get a boost from rates coming down and greasing of the housing market. I owned MHK a couple years ago but haven't looked at it in a while. Attractive PE of 13 and EPS of $8.80. Trading at a decent price of $118 per share. Anyone with insights into MHK?

Only that I'm skeptical there's going to be a greasing of the housing market.

ETA: Assuming by that you mean increase in construction.

Yes, an increase in construction but more so a rate reduction.

I understand the potential rate reduction impact and agree that would be a positive if they play out, but my concerns would be their being more than offset by tariffs impacting material costs and, more importantly, significant labor shortages weighing on new starts.

 

[identikit]

FUBO!!


Disney/Hulu/Fubo bundling up,kinda

 

[Sand]

FUBO!!


Disney/Hulu/Fubo bundling up,kinda

I'm wondering how much more they will jack up my Fubo price...

 

[GoBirds]

Anyone park any funds in VZ for the yield? Thoughts on it?

 

[pecorino]

Anyone park any funds in VZ for the yield? Thoughts on it?

I bought a chunk at $40 per share last week. If it remains in the mid 39s tomorrow / Wednesday, I will double my position to collect double the div. It goes ex-dividend on 1/10 and markets are closed on 1/9. So, yes. I had owned it months ago but needed to free up cash and sold.

 

[McBokonon]

May as well park it in money market funds. Might get 2% or so less in yield but at least the principle doesn’t just bleed away for eternity. It’s down almost 35% over 5 years, which doesn’t really make the yield chase worth it. What’s the catalyst for that trend to reverse?

 

[SFBayDuck]

May as well park it in money market funds. Might get 2% or so less in yield but at least the principle doesn’t just bleed away for eternity. It’s down almost 35% over 5 years, which doesn’t really make the yield chase worth it. What’s the catalyst for that trend to reverse?

Yeah investing in VZ for the dividends doesn't seem to be working too well.

Looks even worse when adjusting for inflation.

 

[GoBirds]

May as well park it in money market funds. Might get 2% or so less in yield but at least the principle doesn’t just bleed away for eternity. It’s down almost 35% over 5 years, which doesn’t really make the yield chase worth it. What’s the catalyst for that trend to reverse?

Yeah investing in VZ for the dividends doesn't seem to be working too well.

Looks even worse when adjusting for inflation.

I’ve seen both arguments and was torn on it as I recently put a small chunk of my portfolio in it for yield. With as much as the rest of the market has run while it hasn’t does that give it more upside to safety if we pull back? Or am I better off selling and adding to one of my REITs?

As my Vanguard Cash Plus yield keeps lowering I’m wondering if these yield options are worth maintaining a position in or selling.

 

[pecorino]

May as well park it in money market funds. Might get 2% or so less in yield but at least the principle doesn’t just bleed away for eternity. It’s down almost 35% over 5 years, which doesn’t really make the yield chase worth it. What’s the catalyst for that trend to reverse?

Yeah investing in VZ for the dividends doesn't seem to be working too well.

Looks even worse when adjusting for inflation.

Getting in under $40 is pretty good. It’ll return to that level after paying the div, maybe even low 40s. Sell, wash, repeat.

 

[pecorino]

In other news: some of us were in NARI years back. Getting bought by Stryker, popped big today.

Also, buying August MHK calls at $115 strike for $17. Selling / sold QQQ 1/17 $525 calls on today’s rise. YMMV.

 

[Capella]

Guess Santa was just a week or two late. Especially if you own NVDA.

 

[lakerstan]

Guess Santa was just a week or two late. Especially if you own NVDA.

According to Jensen Huang’s presentation at CES tonight, I can have my robot do billions of simulations to reply to this. But instead I’ll just say, “Yep”.

 

[Sand]

And the bondacolypse continues.

 

[The Z Machine]

And the bondacolypse continues.

what's going on there?

 

[fruity pebbles]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

 

[BeTheMatch]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

If I'm understanding things, the 10-year Treasuries are now at 4.68% or so. I was about to take a pretty good pile of money out of our S&P 500 index (we've been 100% in that for a long time and are now in our early 50s) in our IRA because wife has a decent pension coming in 12 or 13 years. So we want to more just protect some of our money and not be as aggressive because we don't have to be. I was going to go in an intermediate bond fund. Why not just do 10-year Treasuries since it would be guaranteed?

 

[fruity pebbles]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

If I'm understanding things, the 10-year Treasuries are now at 4.68% or so. I was about to take a pretty good pile of money out of our S&P 500 index (we've been 100% in that for a long time and are now in our early 50s) in our IRA because wife has a decent pension coming in 12 or 13 years. So we want to more just protect some of our money and not be as aggressive because we don't have to be. I was going to go in an intermediate bond fund. Why not just do 10-year Treasuries since it would be guaranteed?

I’m on the same page, I’d just love to see rates go a little higher. 6% would do it for me.

 

[BeTheMatch]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

If I'm understanding things, the 10-year Treasuries are now at 4.68% or so. I was about to take a pretty good pile of money out of our S&P 500 index (we've been 100% in that for a long time and are now in our early 50s) in our IRA because wife has a decent pension coming in 12 or 13 years. So we want to more just protect some of our money and not be as aggressive because we don't have to be. I was going to go in an intermediate bond fund. Why not just do 10-year Treasuries since it would be guaranteed?

I’m on the same page, I’d just love to see rates go a little higher. 6% would do it for me.

I look at these bond funds getting slaughtered. I just don't know why in the position we're in right now and with our objective we wouldn't just lock in guaranteed gains for 10 years on that portion.

 

[fruity pebbles]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

If I'm understanding things, the 10-year Treasuries are now at 4.68% or so. I was about to take a pretty good pile of money out of our S&P 500 index (we've been 100% in that for a long time and are now in our early 50s) in our IRA because wife has a decent pension coming in 12 or 13 years. So we want to more just protect some of our money and not be as aggressive because we don't have to be. I was going to go in an intermediate bond fund. Why not just do 10-year Treasuries since it would be guaranteed?

I’m on the same page, I’d just love to see rates go a little higher. 6% would do it for me.

I look at these bond funds getting slaughtered. I just don't know why in the position we're in right now and with our objective we wouldn't just lock in guaranteed gains for 10 years on that portion.

Yeah I hate bond funds. I’m not looking to take a potential loss on the safety part of my portfolio.

 

[fruity pebbles]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

If I'm understanding things, the 10-year Treasuries are now at 4.68% or so. I was about to take a pretty good pile of money out of our S&P 500 index (we've been 100% in that for a long time and are now in our early 50s) in our IRA because wife has a decent pension coming in 12 or 13 years. So we want to more just protect some of our money and not be as aggressive because we don't have to be. I was going to go in an intermediate bond fund. Why not just do 10-year Treasuries since it would be guaranteed?

I’m on the same page, I’d just love to see rates go a little higher. 6% would do it for me.

I look at these bond funds getting slaughtered. I just don't know why in the position we're in right now and with our objective we wouldn't just lock in guaranteed gains for 10 years on that portion.

My pre-retirement plan, which is coming soon, is to put roughly 60% in long term treasuries, 10% cash and 30% high risk (semiconductor fund, small cap value). A barbell approach. If rates get in that 5.5-6% range, would leave me with $3000 a month in treasury interest, my pension of $2000 a month and another $2500 a month in social security when it comes time. Be more than I can spend on a monthly basis.

 

[Orange&Blue]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

If I'm understanding things, the 10-year Treasuries are now at 4.68% or so. I was about to take a pretty good pile of money out of our S&P 500 index (we've been 100% in that for a long time and are now in our early 50s) in our IRA because wife has a decent pension coming in 12 or 13 years. So we want to more just protect some of our money and not be as aggressive because we don't have to be. I was going to go in an intermediate bond fund. Why not just do 10-year Treasuries since it would be guaranteed?

6% on t-notes would be awful for the economy and deficit.

 

[fruity pebbles]

And the bondacolypse continues.

what's going on there?

Long rates just keep going up. I tell you, if the 30 year hits 6% or higher, I’ll pull half my money out of the market and buy 30 year treasuries and keep a nice safe buffer at 6%.

If I'm understanding things, the 10-year Treasuries are now at 4.68% or so. I was about to take a pretty good pile of money out of our S&P 500 index (we've been 100% in that for a long time and are now in our early 50s) in our IRA because wife has a decent pension coming in 12 or 13 years. So we want to more just protect some of our money and not be as aggressive because we don't have to be. I was going to go in an intermediate bond fund. Why not just do 10-year Treasuries since it would be guaranteed?

6% on t-notes would be awful for the economy and deficit.

We’re at 5% now

 

[Sand]

Here's a good look at what's happening with long bonds. Probably a good time to buy, to be honest.

 

[BeTheMatch]

So I logged into our Vanguard account today to go buy those treasuries. Uh, yeah, that's pretty confusing to me with all the coupons and different yields, etc. Have no idea about that crap and don't want to screw it up. And if I searched for 10-year Treasuries, why did all these ones show up with maturity dates less than 10 years away?

 

[McBokonon]

So I logged into our Vanguard account today to go buy those treasuries. Uh, yeah, that's pretty confusing to me with all the coupons and different yields, etc. Have no idea about that crap and don't want to screw it up. And if I searched for 10-year Treasuries, why did all these ones show up with maturity dates less than 10 years away?

Those are treasuries that were originally bought at auction that people/institutions are now reselling on the open market.

 

[BeTheMatch]

So I logged into our Vanguard account today to go buy those treasuries. Uh, yeah, that's pretty confusing to me with all the coupons and different yields, etc. Have no idea about that crap and don't want to screw it up. And if I searched for 10-year Treasuries, why did all these ones show up with maturity dates less than 10 years away?

Those are treasuries that were originally bought at auction that people/institutions are now reselling on the open market.

Ok, so what should I be searching for instead? This section in Vanguard isn't as user friendly to me as everything else like buying mutual funds, ETFs and stocks. I know I'm the idiot, but very confusing.

 

[Nugget]

Here's a good look at what's happening with long bonds. Probably a good time to buy, to be honest.

I doubled down yesterday, and the pain continues.

 

[Nugget]

Here's a good look at what's happening with long bonds. Probably a good time to buy, to be honest.

I doubled down yesterday, and the pain continues.

I swallowed the loss. I don't know where the bottom is if the fed says rate cuts are done. This should signal the bottom for others.

 

[Desert_Power]

Here's a good look at what's happening with long bonds. Probably a good time to buy, to be honest.

I doubled down yesterday, and the pain continues.

I swallowed the loss. I don't know where the bottom is if the fed says rate cuts are done. This should signal the bottom for others.

I accumulate more each time it goes up.