patrick.net

Fortwaynemobile says

Goran_K says

So far we have gold, TIPS, stocks, or real estate.

I seriously am looking to move a large amount of cash into an investment (over 200k).

What would you guys go for?

real estate is work, a lot of work from what ive seen. if you want it easy, buy stocks. buy index funds and youll get market returns.

So what are you thinking, wait for a SPY dip, and just buy like 400 shares?

HeadSet says

That depreciation is no more a "tax advantage" than any other business that can deduct expenses, such as a tradesman who can depreciate his vehicle or expense his tools.

Bear in mind that you're talking to a guy with a Cybertruck on order (which happens to be over 6,000 lbs). eMan understand the game...

Goran_K says

So what are you thinking, wait for a SPY dip, and just buy like 400 shares?

Good to have you back Goran. Hopefully you're not having to deal with stinky co-workers these days. You got me wondering about this....

VFIAX vs. SPY: A Mutual Fund vs. ETF Case Study

Both VFIAX, a mutual fund, and SPY, an ETF, seek to track the S&P 500.
One of the primary differences between the two is that Vanguard's VFIAX has a lower expense ratio of 0.04% versus the SPY's 0.0945%.
The SPY ETF may have a slight tax advantage over the VFIAX mutual fund since it's not actively managed, meaning there's less buying and selling of trades.
VFIAX and SPY are generally considered strong investments, especially for passive investors.

HeadSet says

Property tax is levied on the "improvements" (structures) as well. In fact, most tax invoices will list the land and structure property tax as separate items. That 27.5 year depreciation applies to residential rental property, and deals with income tax as a method of lowering taxable profit, since expensing the whole house in the year it was bought is impractical. That depreciation is no more a "tax advantage" than any other business that can deduct expenses, such as a tradesman who can depreciate his vehicle or expense his tools.

My argument is that the land is not unproductive as claimed. The city puts an ordinance on what can be built there. Someone paid money for it. Someone is paying the property tax on it. It’s an investment for someone. The city can always use eminent domain to get the land and use it for “more productive” cause as they see fit.

With respect to depreciation and expenses, it’s so beneficial to run a business. A lot of normal daily expenses get deduct upfront. Business owners only have to pay taxes on what’s left. This is why some business owners drive fancy cars and wearing nice stuff because all these stuff get expensed. Either buy/rent nice things or pay more taxes? Such an easy decision.

@EBguy, in addition to the Cybertruck, did you know the Model X also qualified for business expense? 😘

EBGuy says

Goran_K says

So what are you thinking, wait for a SPY dip, and just buy like 400 shares?

Good to have you back Goran. Hopefully you're not having to deal with stinky co-workers these days. You got me wondering about this....

VFIAX vs. SPY: A Mutual Fund vs. ETF Case Study

Both VFIAX, a mutual fund, and SPY, an ETF, seek to track the S&P 500.
One of the primary differences between the two is that Vanguard's VFIAX has a lower expense ratio of 0.04% versus the SPY's 0.0945%.
The SPY ETF may have a slight tax advantage over the VFIAX mutual fund since it's not actively managed, meaning there's less buying and selling of trades.
VFIAX and SPY are generally considered strong inv...

Nice to see you my man.

I actually do like Vanguard products and have an account with them. I might lean that way.

Eman says

@EBguy, in addition to the Cybertruck, did you know the Model X also qualified for business expense?

Yeah, when I was checking it out a couple of days ago I noted the GVWR just tipped the scales...