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Kevin Slater

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Kevin Slater last won the day on July 21 2015

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  1. US stock have significantly underperformed international stocks ytd. Kevin Slater
  2. Ticker symbol GSEW with a .09% expense ratio for those interested. Kevin Slater
  3. I hate that they're considering altering the rules for S&P inclusion to get SpaceX in earlier than it otherwise would be. Kevin Slater
  4. In general, it's not a great idea to take part in IPOs. Wait at least until the lock-up period is over (when all the insiders are allowed to sell their shares, which often tanks the stock). Kevin Slater
  5. ...or that the longs lock in their profits now? Kevin Slater
  6. More precisely, whatever your donation, the first .5% of your AGI is non-deductible. Kevin Slater
  7. Also, you only get to deduct the full appreciated value of the stock if you've held it a year or more, and you itemize rather than taking the standard deduction. Kevin Slater
  8. Reminder: this is a forum to discuss the markets and finance, not other posters.
  9. I would find that very hard to believe. Kevin Slater
  10. Every five to seven years, people forget that the Dow has a correction every five to seven years. Kevin Slater
  11. Inflation numbers will be suspect until we get a year away from the (previous) government shutdown. While the BLS wasn't collecting data throughout the shutdown, they simply assumed the same price as last time they checked. It'll take a full year for those acknowledged bad numbers exit the equation. Kevin Slater
  12. There's a good argument to be made that gold is now just a meme stock. Kevin Slater
  13. The formula is quite simple: a million more than you have today. Kevin Slater
  14. I believe it's the converse, actually. Non-retirement (i.e. taxable brokerage) accounts get the stepped up cost basis (as of the date of death). Distributions from traditional pre-tax accounts are taxed to the beneficiary as ordinary income, regardless of what the investments were worth at death. For Roth accounts, there is no tax consequence. Kevin Slater
  15. I exited my position when the first deal was announced. Wish I had your dilemma instead. Kevin Slater
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