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CoronitaParticipantPerhaps the only thing is it's upgraded in a way one wouldn't like. But generally, I wouldn't mind buying a model at the right price.
CoronitaParticipantI'm too lazy to do much. So I just diversify across different indexes, domestic/international, fixed income/stock indexes. Don't think most people can consistently predict where things are going every single time. Also, your tailor your mix based on your age. I also have a short term trading account mainly for speculation, but it's just play money.
I'm in the early thirties. I recently changed the mix from about 95% stock+indexes to 85%, and will continue to do so as I get older and as the market conditions persist. Also, I went from about 75%/25% between domestic and international to about 65%/35% split. One of my most favorite funds has been VGPMX, but unfortunately is closed to most new investors
CoronitaParticipantI'm too lazy to do much. So I just diversify across different indexes, domestic/international, fixed income/stock indexes. Don't think most people can consistently predict where things are going every single time. Also, your tailor your mix based on your age. I also have a short term trading account mainly for speculation, but it's just play money.
I'm in the early thirties. I recently changed the mix from about 95% stock+indexes to 85%, and will continue to do so as I get older and as the market conditions persist. Also, I went from about 75%/25% between domestic and international to about 65%/35% split. One of my most favorite funds has been VGPMX, but unfortunately is closed to most new investors
October 10, 2007 at 5:41 AM in reply to: Debt Forgiveness Act (AKA screw those who sell their second home Act) #87720
CoronitaParticipantAlthough quite alarming of this proposal, I'm curious as to how they are actually going to implement it if it does pass.
1) How will they truely determine when you started considering a second home the "primary" resident? For example, if you had more than 1 residence in the same city.
2) How will Uncle Sam determine the fair market value of that home the day you started considering it a primary home? Because, the gain is no longer tied to purchase history, but rather than a arbitrary point in time when you decide it was a primary residence, is the IRS going ot staff up appraisers?
Seems like a lot of gray area that accountants and auditors will have a field day with.
I wouldn't worry about it. Folks will quibble over some technicality, and it probably won't pass.
October 10, 2007 at 5:41 AM in reply to: Debt Forgiveness Act (AKA screw those who sell their second home Act) #87725
CoronitaParticipantAlthough quite alarming of this proposal, I'm curious as to how they are actually going to implement it if it does pass.
1) How will they truely determine when you started considering a second home the "primary" resident? For example, if you had more than 1 residence in the same city.
2) How will Uncle Sam determine the fair market value of that home the day you started considering it a primary home? Because, the gain is no longer tied to purchase history, but rather than a arbitrary point in time when you decide it was a primary residence, is the IRS going ot staff up appraisers?
Seems like a lot of gray area that accountants and auditors will have a field day with.
I wouldn't worry about it. Folks will quibble over some technicality, and it probably won't pass.
CoronitaParticipantesmith,
I think the original poster was talking about the particular stock, not an entire market. As far as reverse indexes, we all know what currently things are with those.
CoronitaParticipantesmith,
I think the original poster was talking about the particular stock, not an entire market. As far as reverse indexes, we all know what currently things are with those.
CoronitaParticipant..maybe paying the guys working on I56 digging a hole, filling it back up, digging a hole, filling it back up…
Sorry, I doubt our property taxes actually go to the 56 work. But, I'm a little peeved because I'm not exactly sure what the hell they are doing using our tax dollars to do whatever the hell they are doing on 56 near the 5 interchange these days.
For awhile, I thought they were expanding both eastbound and westbound with a third lane. Now it looks like they are just spending money just to widen the left hand shoulder and add some shrubs, because the shoulder is too narrow to be a third lane. I hope it's just a precursor for a third lane, otherwise I don't get what the heck is the point, except possibly to make it easier for the CHP driving in the opposite direction to cross over to nab you for speeding.
CoronitaParticipant..maybe paying the guys working on I56 digging a hole, filling it back up, digging a hole, filling it back up…
Sorry, I doubt our property taxes actually go to the 56 work. But, I'm a little peeved because I'm not exactly sure what the hell they are doing using our tax dollars to do whatever the hell they are doing on 56 near the 5 interchange these days.
For awhile, I thought they were expanding both eastbound and westbound with a third lane. Now it looks like they are just spending money just to widen the left hand shoulder and add some shrubs, because the shoulder is too narrow to be a third lane. I hope it's just a precursor for a third lane, otherwise I don't get what the heck is the point, except possibly to make it easier for the CHP driving in the opposite direction to cross over to nab you for speeding.
CoronitaParticipantIf you really believe a crash is eminent, you could buy put options. But the issue is you're dealing with your prediction plus the option premium/expiration date.
As I read more and more, I see why some folks think that shorting a stock has some upstream currents. Not saying you shouldn't short, but definitely there are some cards stacked against you.
Good luck with whatever you decide to do.
CoronitaParticipantIf you really believe a crash is eminent, you could buy put options. But the issue is you're dealing with your prediction plus the option premium/expiration date.
As I read more and more, I see why some folks think that shorting a stock has some upstream currents. Not saying you shouldn't short, but definitely there are some cards stacked against you.
Good luck with whatever you decide to do.
CoronitaParticipantNot the most eloquent articles. BUT..
http://www.unstrung.com/document.asp?doc_id=16808
Something else to consider is the "buy-in." Remember that you borrowed 100 shares from a margin account. If the client of this account decides to sell the shares, then the broker will need to get a borrow from someone else. If this is not possible, your broker has the right to force you to cover your short position. Sounds kind of harsh, huh? Well, when you sign a margin account, there is a clause in the agreement that gives this powerful right to your broker.
Also,
http://www.fundlibrary.com/features/novice/page.asp?id=10316
Most of the time, you can hold a short for as long as you want. You can, however, be forced to cover if the lender wants back the stock you borrowed. They can't sell what they don't have, and so your brokerage will have to either come up with new shares to borrow, or you'll have to cover. This is known as being "called away." It doesn't happen often, but is possible if many investors are selling a particular security short.
I've always been puzzled with folks saying I'll short to "0". Personally, I never short for a long time. Anything between -15 to +20% is already pretty good in my book.
CoronitaParticipantNot the most eloquent articles. BUT..
http://www.unstrung.com/document.asp?doc_id=16808
Something else to consider is the "buy-in." Remember that you borrowed 100 shares from a margin account. If the client of this account decides to sell the shares, then the broker will need to get a borrow from someone else. If this is not possible, your broker has the right to force you to cover your short position. Sounds kind of harsh, huh? Well, when you sign a margin account, there is a clause in the agreement that gives this powerful right to your broker.
Also,
http://www.fundlibrary.com/features/novice/page.asp?id=10316
Most of the time, you can hold a short for as long as you want. You can, however, be forced to cover if the lender wants back the stock you borrowed. They can't sell what they don't have, and so your brokerage will have to either come up with new shares to borrow, or you'll have to cover. This is known as being "called away." It doesn't happen often, but is possible if many investors are selling a particular security short.
I've always been puzzled with folks saying I'll short to "0". Personally, I never short for a long time. Anything between -15 to +20% is already pretty good in my book.
CoronitaParticipantThanks Rustico. For future reference, I need to consult a CPA.
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