Kevin Slater

Moderator's note: Let's get back to personal finances.

Kevin Slater

7 hours ago, sutherland said:

The great Warren Buffett has recently recommended 2 ETFs - VOO and SPY.  Coming from Warren Buffett, that means a lot

VOO and SPY are virtually identical, except SPYs expense ratio is triple that of VOO.  SPY is somewhat more liquid, so if you're looking to day trade or use complex derivatives it may be a reasonable choice, but if you're looking to buy and hold, VOO (or IVV) makes more sense.

Kevin Slater

VOO  Tracks the S&P 500.  .03% expense ratio.

VTI Tracks the total stock market.  .03% expense ratio.

VO  Midcap stocks.  .04% expense ratio.

VB  Smallcap stocks.  .05% expense ratio.

IDEV  International large cap.  .04% expense ratio.

Kevin Slater

NVDA reports after market on Wednesday.  That may make waves.

Kevin Slater

1 minute ago, FrankR said:

Are you thinking physical gold (like coins) or GLD? 

GLD has the highest expense ratio of all the Gold ETFs at .4%.  GLDM, for example, is .1%.

Kevin Slater

Moderator's note:  Let's address the issue, not other members.  

On 4/19/2024 at 5:38 AM, Kevin Slater said:

Fiscal Service Announces New Savings Bonds Rates, Series I to Earn 4.30%, Series EE to Earn 2.50% — TreasuryDirect

WWW.TREASURYDIRECT.GOV

 

 

The new rate will be 4.3% (down from 5.27%), with a .9% fixed rate (down from 1.3).

Kevin Slater

 

1 hour ago, augustus said:

The new rate for the next 6 months is 4.28%.

 

Treasury Department announces new Series I bond rate of 4.28% for the next six months

WWW.CNBC.COM

---

The U.S. Department of the Treasury announced the new rate for Series I bonds through October 2024.

 

I'm an idiot.  I posted the 2023 article and rate.  Thanks for the correction.

Kevin Slater

On 4/26/2024 at 2:05 AM, augustus said:

The latest economic reports of April 25, 2024 show GDP decreasing and inflation accelerating!  Stagflation is returning, like I've been saying for a year.  

No, the reports showed GDP growth decreasing.  GDP is still increasing, albeit at a slower rate.

Kevin Slater 

The new rate will be 4.3% (down from 5.27%), with a .9% fixed rate (down from 1.3).

Kevin Slater

I don't like holding  very much gold.  It produces no income and in fact takes money to store and secure (even if in the form of an etf).

Kevin Slater

16 hours ago, BuffaloKyle said:

Anyone find a prediction for what next month's I bond rate will be? I bought my 10k limit in January so I hope the fixed rate doesn't go way up. 😅

... cuz if I can't have it, I don't want anyone else to get it?   

Kevin Slater

2 hours ago, ShortCutie7 said:

Ha!  If only some escorts understood how little money people with regular 9-5s take home after taxes, retirement contributions, etc… I know my take-home is in reality a fraction of what sounded like a really nice income a few years ago.  I don’t know if an escort would be turned on or appalled by the fact that if I give him $400, that is half of what I take home in a week!

I suspect he'd be much more concerned with what percentage that was of what he took home that week.

Kevin Slater

8 minutes ago, Lucky said:

With the dearest respect to the OP, real estate agents are not going to suddenly work for free.

but they're no longer going to have a monopoly, either.  (Ok, not 6% cheaper, but most analysis I've read suggests fees may drop to 2 - 3%.)

Kevin Slater. 

On 2/23/2024 at 1:14 PM, Kevin Slater said:

The Nasdaq is flirting with its own record high close, which last happened over two years ago.  (Although as of this post, we've dipped below the record.)

Kevin Slater

And today we finally hit it.

Kevin Slater

Paying attention to PE is a good idea.  Interestingly, NVDA's PE has gown down drastically recently.  The stock has soared, but earnings have soared even more.  It actually has a lower PE than most its peers.   Its largest supplier is TSMC, based in Taiwan. 

Kevin Slater

The Nasdaq is flirting with its own record high close, which last happened over two years ago.  (Although as of this post, we've dipped below the record.)

Kevin Slater

This thread has veered way off the topic of personal finance.  Giving it a break.

...And today the S&P closed above 5k for the first time.  Also, MSFT set a record for the biggest market cap ever achieved.  

Kevin Slater

S&P hit 5000 intraday for the first time today; closed slightly under.

Kevin Slater

If Meta's gains hold til the close, it'll be the largest single-day market cap gain in history.

Kevin Slater

Moderator's note:

This forum is about personal investing.  I just hid a lot of posts with interpersonal crosstalk and bickering.  Any further such posts will subject the member to forum moderation (posts will have to be approved before published).  Now let's get back to the subject at hand.  

Work with his often.  Nicest guy there is.

Kevin Slater

Moderator's note:  let's give this restaurant tally a break.

2 hours ago, Jarrod_Uncut said:

lol I thought you were some of the last remaining guys who used A4A lol. 

I only advertise on Rentmen anymore.  Then some guys know who I am and hit me up on Grindr, Scruff or Sniffies.  There's the occasional random text or even email (throwback) from god knows where.  But at this point the bulk is from an established client base.  Oh, and I keep my website up, for what that's worth.  If I traveled through Europe, I'd have to explore other advertising venues.

Kevin Slater

On 1/11/2024 at 10:31 PM, Jarrod_Uncut said:

@Kevin Slater how much of that % was from RentMen versus A4A? 

I wasn't aware that A4A was still around.  The vast majority of new clients came from Rentmen, but most of the revenue was from legacy clients (and them mostly from rentboy).

Kevin Slater