thegraywolff

A brief gallivant about the marketplace of ideas.

Category: Investing

Read : 2019-10-01

Today’s selection of articles:

  1. Diplomacy in the crossfire of Donald Trump’s impeachment battle” (The Economist, 2019-09-29).
  2. Kenenisa Bekele’s huge day at the Berlin Marathon“, by Martin Fritz Huber (Outside Online). In the men’s race, Bekele crosses the finish first in 2:01:41.
  3. Sara Hall runs massive PR in Berlin, takes 5th place“, by Roger Robinson (Runner’s World, 2019-09-29). In the women’s race, Ashete Bekere crosses the finish first in 2:20:14, 7 seconds ahead of Mare Dibaba. Sara Hall of the United States ran a monster PR with a 5th-place finish in 2:22:16.
  4. Oregon Project coach Alberto Salazar banned 4 years for doping“, by Runner’s World Editors (Runner’s World, 2019-10-01). Salazar denies all accusations and plans to appeal.
  5. A historical look at Rice decathletes“, by Lance Phegley (Rice Owls, 2019-09-28).
  6. Disney investors are on edge but the growth story keeps getting better“, by Michael Henage (Seeking Alpha, 2019-10-01).
  7. Netflix has a 60% problem“, by Michael Henage (Seeking Alpha, 2019-09-30).
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Read : 2019-09-24

Today’s selection of articles:

  1. Ordinary people focus on the outcome. Extraordinary people focus on the process.“, by Anthony Moore (Medium, 2018-08-28).
  2. How to talk to a woman“, by John Gorman (Medium, 2018-01-29). This article conflates dominance, respect, and safety.
  3. 10 habits of consistently happy people“, by Anton Chevalier (Medium, 2019-04-08).
  4. Pinterest: The only way to go is down“, by Gary Alexander (Seeking Alpha, 2019-09-23).
  5. Tesla’s SolarCity acquisition was a bailout in disguise, lawsuit argues“, by Ryan Fernandez (Biz Journals, 2019-09-24).

Read : 2019-08-21

Today’s selection of articles:

  1. Investors have a fast growth stock staring them square in the eye“, by Michael Henage (Seeking Alpha, 2019-08-21).

Read : 2019-08-15

Today’s selection of articles:

  1. New proof settles how to approximate numbers like pi“, by Kevin Hartnett (Quanta Magazine, 2019-08-14). A proof of the Duffin-Schaeffer conjecture.
  2. Finally, a Christmas rom-com that doesn’t look terrible“, by Christian Allaire (Vogue, 2019-08-14).
  3. Eventbrite: Not a turnaround yet“, by Gary Alexander (Seeking Alpha, 2019-08-14).
  4. The stock and bond divide“, by Real Vision (Seeking Alpha, 2019-08-06).

Reference : Retirement & Your 401(k)

Selected articles about what to do with your 401(k) plan(s) when you retire.

NOTE : I am not a financial planner, nor is this financial advice.

My take-aways (subject to my (mis)understanding):

  • In some cases, your employer may be willing to continue to manage your 401(k) for you [A.1].
  • If you move your money from your 401(k), moving it to an individual retirement account (IRA) or cousin Roth IRA — or some combination of the two — seems standard [A.1,2,3]. This “roll-over” should not require a fee — in fact, some brokers may actually pay you [B.5].
  • IRAs generally have more options (e.g., investment vehicles) and flexibility (e.g., payout options) than 401(k)s [A.1,2,3].
  • Roth IRAs are not subject to required minimum distributions (RMDs) [A.3].
  • Do NOT withdraw the money from your 401(k) [A.3]!
  • “60-day rollover” rule : Basically, lets you avoid taxes and penalties if you withdraw funds from a retirement account, provided that you redeposit the funds into another qualifying (retirement?) account within 60 days [B.2].

A. Most-helpful articles:

  1. What to do with your 401(k) when you retire“, by Andrea Coombes (Nerd Wallet, 2018-08-02).
  2. What to do with your 401(k) when you retire“, by Rodney Brooks (U.S. News & World Report, 2019-03-15).
  3. What to do with your 401(k) when you retire“, by Wendy Connick (Motley Fool, 2017-10-27).

B. Other articles:

  1. How to decide what to do with your 401(k) after you change jobs“, by Melissa Phipps (The Balance, 2019-05-01).
  2. What is a 60-day rollover?“, by Matthew Frankel, CFP (Motley Fool, 2017-04-13).
  3. What to do with your 401(k) money when you retire“, by Rodney Brooks (Forbes, 2018-05-27).
  4. How a 401(k) works after retirement“, by Claire Boyte-White (Investopedia, 2019-05-05).
  5. Rolling over a 401(k)? Consider the fees“, by Tim Parker (Investopedia, 2019-05-31).

Read : 2019-06-04

Today’s selection of articles:

  1. Facebook will be the PayPal of crypto“, by Michael K. Spencer (Blockchain Positive, 2019-05-10). Lots of claims, a few references. Good to know and consider.

Reference : Financial advisors

Articles (and podcasts) on financial advisors:

  1. Six mistakes people make when hiring a financial advisor“, by Eve Kaplan (Forbes, 2018-01-29). Key points : Good financial planners…Ask questions about your unique situation. Take a holistic approach. Give you references to contact. Clearly detail how they are paid. Are fiduciaries (BUT see the Stay Wealthy article and podcast below). Are honest about the uncertainty of portfolio return.
  2. 7 of the biggest mistakes people make choosing a financial advisor“, by Matt Wiley (Business Insider, 2019-03-28). Ask each potential advisor for references, and contact them! (Also, be aware that your advisor probably gave you names of people who will speak highly of her or him, so gird yourself and dig deep into respondents and their answers!) Understand how they are paid, as this helps identify possible conflicts of interest.
  3. 10 biggest mistakes to avoid when hiring a financial advisor” (Stay Wealthy Podcast, 2019-02-14). Fiduciaries are not necessarily fiduciaries all the time; ask potential advisors to sign a fiduciary oath. Good financial advisors ask lots of questions and focus on “comprehensive planning”, not just investments. There is no such thing as guaranteed return.

Read : 2019-05-16

Today’s selection of articles:

  1. U.S. targets Huawei as it seeks to revive China trade talks“, by Josh Zumbrun, John D. McKinnon, & William Mauldin (Wall Street Journal, 2019-05-15).
  2. Booming buybacks aren’t likely to wane despite market volatility“, by Jessica Menton (Wall Street Journal, 2019-05-16). A way to calm, and take advantage of, market volatility, and to boost earnings per (outstanding) share. Toward the end of the article is an embedded video explaining stock buybacks and its recent attention in U.S. federal politics.
  3. The power of a team“, by Steve Magness (The Passion Paradox, 2019-05-15). An inspiring (and true!) tale about giving yourself a chance and the power of teammates.

Read : 2019-05-14

Today’s selection of articles:

  1. 2018 US state of cybercrime survey results” (CSOonline, 2019).
  2. Episode 93: The biggest mistakes coaches are making today“, by Steve Magness & Jonathan Marcus (On Coaching Podcast, 2019-05-08).
  3. Microsoft builds decentralized identity network atop bitcoin blockchain“, by Thomas Simms (Coin Telegraph, 2019-05-13). Microsoft’s decentralized identity (DID) network is called the Identity Overlay Network (ION).
  4. Brother, Tesla can’t spare a dime“, by Charley Grant (Wall Street Journal, 2019-05-13).
  5. Uber IPO center” (EquityZen, 2019).
  6. 2018 Winter Olympics: Chloe Kim“, by NBC Sports (YouTube, 2018-02-13). Chloe Kim’s third and final run on the halfpipe.

Read : 2019-05-07

Today’s selection of articles:

  1. How to stop worrying about what other people thing of you“, by Michael Gervais (Harvard Business Review, 2019-05-02). Train yourself (via deep breaths and mantras) to focus on you and your values. To do this, you need to first know yourself and your values. Develop a personal philosophy, live it out, and seek feedback from trusted friends.
  2. Universal basic income had a rough 2018“, by Erin Winick (MIT Technology Review, 2018-12-27). People and politicians demand data before enacting UBI programs, but many aren’t willing to fund the pilot studies to generate those data.
  3. In Norway, you can browse everyone’s tax returns, but there’s a good reason you might not want to“, by Olivia Goldhill (Quartz, 2016-09-17). In theory, any query to your tax returns is logged and available for you to see. Do people trust this oversight? What if, as the article notes, social norms shift and “peeking” no longer carries a strong stigma? Should it?

Two scanty but cautionary articles on investing in Lyft and Uber:

  1. Early Uber investor sees ‘the same kind of situation’ as Tesla“, by Heidi Chung (Yahoo Finance, 2019-05-07). That is, a business with great ideas, but one that struggles to make profits, at least early on.
  2. Why buying Lyft or Uber stock with your mom’s money isn’t a good idea“, by Brian Sozzi (Yahoo Finance, 2019-05-07).