Hmm, interesting. I assume IBM would buy up those small QC players if they get some traction. IBM has the resources.
OT: Stock and Investment Thread
- Thread starter RU05
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On the watch list it goes! Eyeing a bunch of new plays.....IBM, AVAV, BA, NKE, SPPP. I need to get off my lazy butt and pull the trigger on a few of these.
+1
I don't know the details of inheriting a brokerage account vs. tax-deferred retirement account. My dad's investments are all in rollover IRAs now. I guess I need to learn about all this!
Only applies to taxable accounts.+1
I don't know the details of inheriting a brokerage account vs. tax-deferred retirement account. My dad's investments are all in rollover IRAs now. I guess I need to learn about all this!
That another question I had for the group what % of your liquid assets are in taxable account vs IRA, 401K tax deferred accounts? I have about a 60% tax deferred and 40% taxable account. I try not to trade in the taxable accounts.
So, our breakdown is roughly:
50% - Traditional retirement accounts (Rollover IRA, 401k, etc.)
30% - Brokerage accounts
10% - Roth retirement accounts (IRAs)
We have a very large brokerage account that is used for our excess savings and investments. Opened this in 2011 and it's made up of 6 ETFs. No trading and most allocation adjustments are made via new money. We have a second account similar to this, but much smaller (based on expired CDs from early in the pandemic). Our last brokerage is my personal/fun account which unfortunately I trade with. However, we use TurboTax and Fidelity statements are automatically uploaded so I don't have to deal with it.
Not surprising. I wonder if they’ll release the numbers of how the vote went. Haven’t seen that anywhere
MSFT will get there, especially if the company underperforms the S&P 500 again in 2025.
Inherited brokerage accounts get a stepped up basis upon your death so your unrealized capital gains aren’t taxed (or are taxed to your heirs with a cost basis of the investments being the market price at the time of your death.) I intend/hope to pass all brokerage account investments to the kids who will get a cost up basis, avoiding taxes on sizable gains accumulated over the years. Inherited tIRAs have to be drawn down by beneficiaries within ten years. This could be sizable (with high taxes) for beneficiaries. Roth IRAs pass to heirs tax free. I’m doing Roth conversions to reduce my tIRA (and therefore RMDs for my wife when I die, as well as draw downs my kids will have to make over the ten years. )Asset location can be as important as asset allocation.+1
I don't know the details of inheriting a brokerage account vs. tax-deferred retirement account. My dad's investments are all in rollover IRAs now. I guess I need to learn about all this!
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Probably not close. Institutional investors vote in large blocks and voted no. If they want to invest in BTC, they can buy BTC.
Sounds like a good idea to leave our brokerage and Roth accounts alone and use tIRAs first. No point on doing Roth conversions now since our tax bracket is maxed.
You might consider assessing the pros anc cons of having your dad do conversions to Roth. Depending on his RMD and other income, he may want to do Roth conversions at his lower tax bracket that would benefit his heirs. Depends on his and your current and expected marginal rate. I agree with leaving brokerage alone for you.
Probably a good idea. He is in a very low tax bracket living in retirement with the house and other property paid off long ago.
Without the details I think you and he could and should convert a sizable amount. I might consider going up to your marginal tax rate, depending on specifics.
I agree and have been doing the ROTH conversion according to the tax rates. I have been trying to explain it to my sister that her conversion tax rate is going to be significantly lower than her son tax rate when he inherit her IRA or 401K.
Time to buy GS and Blackstone (M&A stocks)?
Lina Khan kicked to the curb. M&A should start flowing again.
Lina Khan kicked to the curb. M&A should start flowing again.
Not sure if that necessarily a good thing. The health insurance and airline industries have suffered a lot because of the M&A.
I think it has been mostly positive for tech, which is probably where the action will be. Also, very good for biotech/pharma.
I made GS one of my top 5 positions recently. I expect a lot of deal making.
Saylor’s pitch was moronic. Does MSTR even sell software and services anymore? If he wants to turn MSTR into purely a holding company that lives and dies by the price of BTC so be it - mission accomplished. But MSFT sells real products and is a market leader - and would be better off using their cash to buy up some smaller companies and not BTC. I’d love to know how much he paid the “think tank” for the stupid shareholder proposal.
89% tax deferred (401k, 403B) - almost all my trading occurs in the 401k (PCRA)
7% taxable brokerage account (mostly buy and hold)
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I can see a lot of biotech/pharma mergers, but not sure what tech mergers have been held up during the past 4 years. BTW, the new FTC commissioner is very anti-tech and already feels that there is a lot of tech dominance. I don't know how allowing more mergers helps that situation. Always remember, there is quite a bit of commonality between the far right and far left.
FYI - from one of the best fund managers in the business today and probably ever (been in his FDGRX for over 10 years):
New idea:
Elsewhere within the information technology sector, Wymer is similarly optimistic about Pure Storage (PSTG), a maker of all-flash data storage hardware and software products. “This is a niche business that has achieved attractive, secular growth and has a bright outlook,” says Wymer, explaining that its products provide efficiencies in flash operations and environmental heating and power usage, making them optimal for AI.
New idea:
Elsewhere within the information technology sector, Wymer is similarly optimistic about Pure Storage (PSTG), a maker of all-flash data storage hardware and software products. “This is a niche business that has achieved attractive, secular growth and has a bright outlook,” says Wymer, explaining that its products provide efficiencies in flash operations and environmental heating and power usage, making them optimal for AI.
My biggest holding now (personal account). Moved past AXON and NVDA yesterday. Elon is essentially co-running the country for the next 4 years.
Tsla all time high. SpaceX now the most valuable private company in the world and the Twitter purchase is in the green. Hate his methods all you want, the results are hard to ignore.
+1
One of my growth funds has a small position with SpaceX (about 0.8%) - FBGRX
Google after a stretch of underperformance is looking like a beast of late.
Great scientific breakthrough. However, such a chip is still likely 8-10 years from market.
Tom Lee = 5% of investment assets should be BTC (raised from 2% from past years).
This comment will come as no surprise given my stance on BTC (at least as an investment as opposed to making a few FOMO bucks), but 5% makes zero f’in sense. Most people aren’t holding 5% gold in their portfolios. Not to mention most people have done quite well with traditional allocations without buying a high(er) risk asset like BTC. If the crypto bros can pay off swing state politicians then paying off Tom Lee to push this nonsense is a piece of cake. The vast majority of investors DO NOT need 5% BTC in their portfolios. Just hodl the Mag7 and get rich.
All my crypto, including deftf, equals about 5%. Wouldn’t mind if it gets hot and grows to 10%.