*Investors Blog*

Will have some bracket filling to do his year. Market dip = roth conversion time. Trying to reduce the number of IRAs to manage by one. Won't happen this year but maybe next year. (Also moving schwab brokerage to fidelity, so that'll reduce by two. Goal is to get down to seven accounts, five of which will be at fidelity.)

Kinda weird to project year end totals in April, but it is what it is.

Consider roth conversions. That's all I have.
 
johnmyster said:
Will have some bracket filling to do his year. Market dip = roth conversion time. Trying to reduce the number of IRAs to manage by one. Won't happen this year but maybe next year. (Also moving schwab brokerage to fidelity, so that'll reduce by two. Goal is to get down to seven accounts, five of which will be at fidelity.)

Kinda weird to project year end totals in April, but it is what it is.

Consider roth conversions. That's all I have.
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If your tax bracket allows it then go for it.
 
SC Maintenance said:
One major industrial supplier of high margin electrical components has already done this. They have claimed force majeure and said all orders now are + tariff. Will be interesting to see how that affects their overall sales, but almost nothing industrial controls is made in USA, nor has it been in a long time, so in reality it will be the same with their competitor unless someone wants to eat the cost?

In the industrial world, things like copper wire and conduit are priced with a contract multiple of the price of copper. For example your spool of wire might be price + 0.5X the price change in copper from time ordered to time delivered or something to that affect.

Same thing happens when priced in other currencies - price is in euro x dollar exchange rate at time of delivery.

A friend of mine sells servo motors from one of the major suppliers, and in the pandemic motor delivery went from 8 weeks to 40 weeks. When the 40 weeks were almost up, they came out and said all orders were +25%, but they could cancel without penalty if they didn't want to pay. My friend thought he would have no customers left, but in the end no one cancelled. Not one.

If macro things change the game, commercial buyers understand this behavior. There doing the same thing on the other side of the transaction to their customers.

Retail sellers will use it as an excuse to make margin on the tariff if they can.
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Nicely said. Another situation many may not realize. My wife's industry is customized product. Unusable to any other company. So if something is rejected, someone in the "chain" takes a loss.

Anything in ones business or most likely in everyone's home in this forum has products like this. Anything with a company name on it. Promotional products from pens to clothing with brand names to customized imprinted Bose earbuds, including anything printed with a brand name in stores such as Home Depot, Best Buy, all national and local stores.

The complete interior of national speciality chain stores, the entire store decorating from ceiling to wall art, to dressing room themes to the actual clothes hangers. Much of this stuff is ordered many months ahead of time, requires specs, art work approvals etc.

So when costs are quoted and things change right before delivery, wow.. well anyway, this is typical business however the tariff situation to this extent is new so we will see how it pans out. Some of it has been a lot of exaggerated talk but ... I will know more regarding my wife's company in a few more weeks. This is not a small company, recently past few years went global buying some overseas firms.
 
It's been a great month so far...

1000009641.webp
 
Dave Hess said:
What in particular will cause new high in 2Q 2026 ?
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The tariff war will likely be in the rear view mirror and some degree of deregulation will be implemented in earnest by then. What many don't understand is even with deregulation signed into law, changes can't take place overnight. Factories and pipelines take years to build, but some benefits of deregulation can be seen within a year. The results of a tariffs ending along with deregulation will add to our nations GDP.

JMO.
 
JeffKeryk said:
You are calling the biggest economy in the world, by far, a junkie? The other gur called us an alcoholic...
And global tariffs is an answer? We will be lucky if we can avoid worldwide recession.
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Yes. We are addicted to cheap labor (much of it undocumented) and cheap made Chinese products while we have diminished and offshored our manufacturing base. It feels GREAT for a while, but its unsustainable. Just like a drug addict needs a bigger hit to reach another high, it does great damage to his system. At some point he will reach a point where an overdose is needed and proves lethal. We are trying to pull out of the spiral now, before its really too late.
 
gfh77665 said:
Yes. We are addicted to cheap labor (much of it undocumented) and cheap made Chinese products while we have diminished and offshored our manufacturing base.
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I'm curious to see how cheap Chinese made products would actually be when you cannot buy counterfeit items on Amazon.

Despite agreeing to IP regulations as being part of the WTO, there is no enforcement and I'm sure this has an invisible impact on the economy.

If there were to be a solid crackdown on IP theft, I bet that would give the manufacturing sector a nice bump.
 
Cropduster172 said:
We bought our beach house in Cape May County NJ exactly 15 years ago yesterday. It was the very bottom of that real estate market...not that we were really cognizant of that then. Paid $450K in 2010.
Maybe put $50-$60K into it over the years including new roof and siding currently, pool replastered and updated 3 years ago.
Current value is $1.2-$1.3 million. Tell me again how that equity is not part of overall net worth.
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It’s a beach house. An additional house. No different than coins or baseball cards or stock or land.

We should have bought a shore house 10 years ago. Wildwood crest for us… ugh…
 
JHZR2 said:
It’s a beach house. An additional house. No different than coins or baseball cards or stock or land.

We should have bought a shore house 10 years ago. Wildwood crest for us… ugh…
Click to expand...
The Crest is great. Good year round beach town to live in too. Lots of places open and things to do all year. Not so much where we are...but that's what the GSP and Rte. 9 are for😉
 
On my trading day off I tried demos on eTORRO and Interactive brokers and they don't give you the ease of trading or speed.. One app and I forget the name only allowed Apple users.

Robinhood shut my desktop down and phone and kept asking me for verification only when I was trading.
As bad as it is, most of these other apps are cumbersome... you can't launch a trade in seconds
 
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