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The conversion itself isn't complicated. At least, not my understanding of it. The complicated portion is controlling our income. For ACA, you basically have to give them an estimate of your income by mid-December, and from that they give you a subsidy to your premiums for the upcoming year (if...

Wow, my realized gains are super low. I guess because the taxable account wasn't even opened until 2018. I did another $15k today, and I'm going to guess my total is around $3-3.5k in gains. So now I'm in a situation where I'm going to need to do a massive Roth conversion to "manufacture"...

Seems about right. That front is predicted to move in fast and drop temps like a rock. Here in Florida I've got a high of 66 and low of 27 on Thursday. And then it'll struggle to get barely above freezing midday Friday through Sunday.

So since the market has decided to fuck with me, I think I've come up with a new plan for the year. My estimate is that we need $50k for 2023 spending (and this is about what we input for our ACA coverage). I had originally planned on liquidating $50k from our taxable, figuring out what the...

This guy did what I was too lazy to do (overlay the two). But I talked about it a few times in here and Politics (or the Inflation thread). The timeline is not quite the same anymore, as we would've hit our massive drop sometime back around August or September. But that's really minor. For...

If we see similar, that'd be hitting the low YTD. Repeat of 2008 here we come?

Didn't they just yesterday say there was some massive amount (in more billions than 6) of selling?

Jesus, PLTR down to new lows. Thought I'd done well flipping it and getting down to a $6.90 cost basis. Should've just cut it back in the mid-$7's.

When "fantasy" just becomes a mashup of modern issues in a forest setting, is it really even fantasy anymore?

Feel like maybe that one should go to whoever was the furthest off.

That seems to make my point? Wouldn't the algorithms have done all this trading yesterday? Nothing changed between the FOMC and this morning.

Always baffled by when the markets dump the day after the bad news. And in this case I don't even understand why yesterday was considered bad, as it should've already been priced in. Add in the CPI data and we should be green on the week.

17k views. Starz just sucks for this show. For some reason they're incapable of promoting it. Also, fuck Lizzy Caplan for thinking that Fleischman show was a better choice to do than this.

It's sad when you look at the 70s which is the only real comparison we have. We're almost following it to a T. We'll let off, get a year or so reprieve, and then inflation will really kick into high gear making this look tame in comparison. It's doubly sad that they've had the blueprint on what...

Man, this thread is depressing. My father in law is in hospice and probably has a week or so left at the most. Brother in law (my wife's only sibling) was able to get some paperwork done kind of last minute where my mother in law will get $215k in "disability." I believe it's already gone...

Like I said last week, it's VTSAX with Vanguard, and not the ETF version. So it settles out at the end of trading. Like yesterday I waited until about 15 min before close to sell. I wouldn't be doing anything today until after the FOMC.

Is that a bad thing?

Well that's just stupid. I'd say the chance of 75 is higher than 25, as Powell hasn't actually indicated any tapering. Everyone has just been assuming so.

Well that was a mistake. Holy shit at this open. No regrats though.

If we really do get 50 basis points today and Powell doesn't decide to do his foot in mouth shit, we could be in for a monster day. Although I do wonder if we aren't muted this morning until the Fed meeting in anticipation.

People expecting massive volatility. In both directions. Going to be lots of winners and just as many losers.

Sold the first $20k out of our retirement (although technically this is from our taxable). Really hard to time this shit. I missed the 4100 last week and I didn't want to leave all of it up to chance with the announcements this week. Still have a bit more to do, and maybe some traditional to...

It was because of some spammers, but I can't remember what they were spamming for. I feel like it was some luxury brand shit like Gucci.

Speaking of ridiculous banned words, remember when coli was banned on misc and people were having to add spaces to broccoli to get it through?

Too hard to answer without knowing your personal risk tolerance, your time horizon for needing the money, and general feelings about the future. If you're high risk tolerance, believe the US as a country will continue into the future, and don't need the money for a decade or longer, equities...

Hard to get excited about a spaceship crashing into the ocean when the technology is now there to, you know...not. It'd be like celebrating a car stopping by driving into a giant net instead of just braking.

I think over 750 is all that matters. Wife and I both were up in the 820s. I ended up getting a medical collection I never knew about it and it tanked me a ton. Was still able to get the lowest rates on our mortgage (I was able to get the collection expunged midway through and it didn't impact...

I've been miscing since 2009, so apparently yes?

Jesus, dude, get a grip. It's a fucking internet forum.

Down into the toilet...again...now.

We'd need more than a 12.5% increase from today for me to lose (4465 S&P 500). The alternative would be a 25.8% drop (2947), which seems even more unlikely.

Looks like I'll inevitably win the stocks contest. There will be no end of year rally.

Why is the stablecoin backed by another asset? That seems to defeat the purpose of pegging it to the dollar. You're basically saying it's pegged to two different things and if one fails it goes tits up.

Yeah, I'm confused by that. How do you "lose" a peg to the dollar? You either derive your value from it or you don't. Crypto is full of idiots.

Not $69.420 billion? Disappointed.

Father-in-law got diagnosed with leukemia back in early summer 2020. Even ended up getting covid about a year ago (we didn't visit for Christmas because of it), and despite having no immune system, still overcame it. A few months ago they started him on twice weekly transfusions. We were here...

Funny, I saw a headline (didn't care to click the article) about some guy predicting $250k by the end of 2023. I think you crypto people are hilarious. Every year people think it'll be $100k by the end of the (current year).

Yeah, fuck. That one stings. Didn't realize she was that old though.

So is this more bipolar market thinking the Fed is raising rates again, or consolidation (probably not, since it keeps skidding down)? If it's the rates issue, I really do wonder how bad this gets. Consumer spending is high, but it seems entirely based off massive amounts of credit. It's not...

I missed the pins once. Luckily it was early on in my lifting career and only like 155 lbs. Dropped it on my face. Knurling got my lip pretty bad, but I finished my workout. Most of my 2+ plate lifting came after I got the home gym so I was always lifting in the rack. Mostly safe, although...