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CrawfishOfWallstreet

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Number of Posts:253
Registered on:10/27/2020
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[quote]accounts each year regardless of tax laws. It’s good to diversify asset holdings in addition to pre and post tax holdings.[/quote] Tax diversification is important and should be used when possible. Have an upvote....
While you are certainly entitled to your opinion, options data was pretty clearly suggesting expectation of one outcome. [link=(https://www.wsj.com/articles/stock-investors-bets-eye-a-biden-victory-robust-stimulus-11603791001)]https://www.wsj.com/articles/stock-investors-bets-eye-a-biden-victory-...
Everyone should read the article again. That isn't Biden's tax plan. The only thing Biden has said is "Equalizing the tax benefits of retirement plans. Current tax benefits for retirement savings provide upper-income families with a significant tax break, while providing a limited benefit for low...
[quote]On Monday I thought he would. As for now... I think there are some odd things going on, but I don't believe anything I hear on the news, twitter, etc. I am perfectly content with what the end count is. If the courts get involved I am perfectly content with that also. I have worked hard, saved...
Just for clarity, not an attack, you believe that President Trump won the election?...
Obviously I agree that the word “suicide” appears on that crime log, but I stand by my statement that it seems very unlikely that a student committed suicide on campus and there isn’t a single news report of it....
[quote]I use a UTMA. It does not get the tax advantages or match as a 529, but you can use it on anything relating to the child. Also, the interest is taxed at the child's tax rate. Right now we use it as a savings for college as well as to cover next year's tuition. When the bill comes, we just req...
[quote]What the fuq is going on at LSU? My kids just told me that in addition to all the other shite going on, an SAE committed suicide and a freshman in Laville did too. LSU needs to get some serious crisis counseling going.[/quote] Feel like that would have made the news, and there is zero indi...
The relief only applies in the event the distribution is an approved CRD, as defined under IRS Notice 2020-50 as: •an individual (or the spouse or a dependent of that individual) who is diagnosed with COVID-19 or SARS-CoV-2 in an approved test; •a spouse or a member of the individual’s household...
She didn't call 911, and that is why she felt responsible for him having to be hospitalized. Those feelings were magnified by members of the fraternity and her sorority telling her she should have known how bad his condition was when he was dropped off, suggesting she should have called 911. I ha...

re: Phi Psi at LSU suspended

Posted by CrawfishOfWallstreet on 10/30/20 at 3:44 pm
[quote]But it does seem that some frats have more a-holes, not sure how that happens.[/quote] Because they are a social group the same as any other social group, and like attracts like. Sometimes people try and paint them as some sort of monolith and make sweeping generalizations. But as most ...
[quote]Nope, what I'm advocating for is the elimination of ridiculously broad brush strokes in these types of threads. I've explicitly highlighted multiple times that buy and hold has been a winning strategy the majority of the time. I'm simply saying that anyone with an investment horizon as short ...
The average Shiller CAPE ratio for that July 2013 to today has been 27.9. Where is your threshold for "extreme overvaluation"? If the 1929 period is your yardstick that qualifies as a sustained period, nearly every one of those 77 qualifies, as the ratio was only above 30 for 2 months in 1929. ...
I didn't cherry pick anything. As I stated, I chose March 2013 because February 2013 was the last time the Shiller CAPE Ratio was below the average level as measured since 1980. If the market has gotten smarter since 1999, it has certainly gotten smarter since 1929. Who is cherry picking now? ...

re: Caregiver costs

Posted by CrawfishOfWallstreet on 10/28/20 at 11:57 am
Consult a tax professional, but medical expenses (including qualified long-term care) are an itemized deduction in the event that they exceed 7.5% of your Adjusted Gross Income. At $3,500 a month for 12 months that is $42,000 a year, easily exceeding the standard deduction meaning you would itemi...

re: Retiring in Iraq?

Posted by CrawfishOfWallstreet on 10/28/20 at 10:55 am
[link=(https://www.expatistan.com/cost-of-living/country/iraq)]Cost of Living in Iraq[/link] Big Mac meal is 9,500 dinar. Rent is around 350,000 dinar a month. So no. ...
[quote]Your response is likewise reasonable. I hate even getting into this discussion on this board because buy and hold and buy more and hold more forever is the right strategy for the overwhelming majority of people with any significant amount of time between now and retirement. I simply like t...

re: Phi Psi at LSU suspended

Posted by CrawfishOfWallstreet on 10/27/20 at 8:07 pm
Whether other people made the same mistake is irrelevant, it doesn’t change what the sentence says. You seem really hung up about a group of people that you say you don’t care for. My point was the same of yours, fraternities are really no different than any other group. I’m sure the game nights ...

re: Phi Psi at LSU suspended

Posted by CrawfishOfWallstreet on 10/27/20 at 7:18 pm
You should consider asking for a refund for some of that college education then. Your interpretation of the sentence makes no sense. If he believed that bid day was the best day of his life, then by extension it makes no sense that he would be implying the day you didn’t get a bid would be the b...