US stock · Basic Materials sector · Aluminum
Company Logo

Alcoa Corporation

AANYSE

35.51

USD
-2.01
(-5.36%)
Market Closed
6.91P/E
5Forward P/E
0.34P/E to S&P500
6.389BMarket CAP
0.80%Div Yield
Google Trends
Recent Reddit Comments

So is your plan to invest in all stocks then at your age? Honestly, it's up to you. Please keep in mind that the benefits of the target date retirement fund is that is a diversified portfolio, you can set it and forget it as it takes care of rebalancing for you as you age. The closer you are to retirement, the more unwise it is to hold a ton of stocks. However, it depends on your risk level of course and if you feel that the target dates AA is too conservative, then feel free to manually implement your own.

1
Reply
Share
Report
Save
Follow

Should save AA number just in case

1
Reply
Share
Report
Save
Follow

If you shop around, go community college,and get federal grants you can absolutely go to school for free or near free.

Problem is people go straight to university, go to the nearest university, and go to name brand universities for the area. Those are more expensive than the other accredited universities out there, plus the whole community college thing gets 2 years, an AA even cheaper.

Also you can take student loans for living expenses. So a lot of people are not using their loans primarily for education. It's a lot of rent, not working while going to school, and poor financial planning/research about schools.

1
Reply
Share
Report
Save
Follow

I have 1 share of Tesla, amd, wm, sci, aa, gme, Amazon, o, brk.b, zim, goog, pm. Sorry I can’t figure out how to reply a pic

1
Reply
Share
Report
Save
Follow

I hope all goes well. Based on experiences of my dearest cousin, I encourage you to actively participate in AA or other appropriate support group after rehab. Tony says that AA support is major reason he’s been sober for twenty years.

1
Reply
Share
Report
Save
Follow
  1. A typical recommendation for emergency funds would be 3-6 months of expenses or 6-12 if your job is less stable and/or hiring for your position is highly seasonal (e.g. teachers). However, at the end of the day that’s just a rule of thumb.

  2. What was the purpose of the investment before you pulled it out of the market? Was it retirement savings? Why did you pull it out and would you be tempted to pull it out again if the market gets choppy again at any point over the next decade or two? My best guess is that you need a more conservative AA with whatever you have in the market. Paying off the house would reduce your expenses and allow you to increase what you put in the market going forward, so it’s a conservative option.

  3. A target savings value for retirement depends on your anticipated expenses more than anything. You can do rough planning based on your current expenses but it won’t be quite as useful. If you’re spending almost $100k per year (are you including taxes as an expense you have to pay?), the 4% rule or don’t withdraw more than 4% of your starting real portfolio value per year, would suggest you need $2.5M of savings to retire. However, even after the recent drawdown equities are a little richly valued and the 4% rule might not be ideal. I personally use a Cyclically Adjusted Price Earnings ratio based ruke that suggests a 3.31% safe withdrawal rate right now (a=1.5%, b=0.5). And based on that you’d need $3M and possible more if your expenses don’t include taxes.

1
Reply
Share
Report
Save
Follow

AMC stock bros finishing what AA started, making the cinema go out of business

1
Reply
Share
Report
Save
Follow

$AA

1
Reply
Share
Report
Save
Follow

Better advice - don't do debt consolidation until you've figured out how to control your spending.

For some people, that might mean physically cutting up cards. That's the AA, total abstinence way.

But for others, it means understanding and implementing a budget. Once you take control of your spending, credit cards are a useful tool - not a potential evil.

I had a fairly significant amount of debt. Got back on track and implemented a strict budget. Zero percent credit card transfers helped for a while, followed by a personal loan.

Now I'm in great shape financially - and I still have seven or eight CCs with a combined limit of well over $100k and use them for every purchase. But I pay off the balances each month, and am not in any way at risk of relapsing into debt.

1
Reply
Share
Report
Save
Follow

I’m the investment world, treasury bonds are considered non risk. Technically the US debt instruments were down graded to AA+ but they’re still the standard. They have the same risk as the entire tax system failing.

1
Reply
Share
Report
Save
Follow

This feels like an AA meeting for wrinkly economists

Instead of alcohol, it's monetary stimulus

1
Reply
Share
Report
Save
Follow

Haha I was around for the IHG post cards. What a time. I snagged CX F back when it was 67.5k each way for AA too. All the way to Vietnam and back in F for 135k miles.

Of course, back then we were hype about a 50k sign up bonus and even the possibility of 3x on a spend category too, so just a different time.

1
Reply
Share
Report
Save
Follow

Highly recommend filling out the FASFA. Atleast for me going to an in-state college (almost done with AA) FASFA has paid for my college expenses (minus food and transportation) and even gave me an extra 1-2k on top of that to help pay off next year/save for when classes cost more than FASFA can afford. Highly reccomend filling that out and seeing what you can get. Also if you’re able to see if there is someone you can chat with to see if you have to put your legal guardian as a dependent or if your situation lets you, set as independent. With the independent, unless you make a lot of money, expect FASFA to be able to fully help pay your college fees (if it’s an in state non private college)

1
Reply
Share
Report
Save
Follow

Typically credits from an AA or AS transfer. Credits from an AAS (which is more of a technical or workforce degree) do not. My kid is getting an AAS and doesn't plan to go on for a BA. He plans to try to find work after completing the two-year degree. If he ever does go to a four-year college, only 6 of his 20 classes would transfer. It's best to know that going in.

You're also more likely to get classes that transfer if you stay in-state, as many state colleges and community colleges have direct transfer arrangements. In some states, you can easily look up online which community colleges transfer to which college classes at specific state universities before you enroll in anything.

1
Reply
Share
Report
Save
Follow

Started DCA into MFs in a 401K in 1989. Havent bought single company shares since 2001. I only have to be beaten over the head a few times to learn. Held on through 08 (stayed employed kept my same AA). Started withdraws in 2013. Held on and bought a bit (rebalanced) in April 2020 even while the market was way down. It worked. No home runs but lots of solid singles.

Full disclosed - not a 3 fund portfolio. I mix in a tiny bit of small cap and emerging market funds, also keep multiple bond funds and a few individual bonds laddered out 5 years.

That long enough?

1
Reply
Share
Report
Save
Follow

at least someone got out when AA and most of the board sold their shares lmao

1
Reply
Share
Report
Save
Follow

> Are you a bond trader?

No, in fact I don't even own any individual bonds, I own 20% per my AA, but my fund (AOA) holds those for me. I'm way to lazy to actively trade anything. It's even arguable if one could beat a professional bond trader as almost all new bonds have minimums to get a good price well above what I'm willing to purchase at a time. This is true of TIPS as well. They are auctioned in lots of $100k(last I checked) but they will sell you less if you want a markup.

I don't want a markup and I don't need to buy $100k worth at a time, so I let BlackRock do the buying for me.

> Do you think this basically comes down to “will the FEDs rates do anything to curb inflation?”

I think it's obvious the FED will keep attacking inflation until they succeed. Of course if it's not a demand problem, then they could raise rates to 100% and still not succeed. I'd like to think they would give up raising rates and try and get the govt to try something else before rates got that high though :)

To me the bigger question is, will they hurt the economy in the process? Well, nobody knows, but I like that they are going to try and do it without hurting the economy to badly. I hope they succeed.

1
Reply
Share
Report
Save
Follow

Research USAJOBS.GOV online. Every year the federal shipyards hire apprentices for various trades. You earn an AA degree in a trade while working at the shipyard. I was a former apprentice and now earn a six figure salary with great benefits. Keep your options open. It doesn't hurt to look at their website. The shipyards announce openings throughout the year so check out the website regularly. Type in trade, apprentice, or apprenticeship in the search block.

1
Reply
Share
Report
Save
Follow

You’ll be alright. Shit is tough to kick but if you stick with it, it’ll be life changing. Even if you don’t like AA, try something different. AA doesn’t work for everyone, just find something to help you quit and keep going with it. I wish you luck

1
Reply
Share
Report
Save
Follow

Going to my first AA meeting Saturday. Feels bad man.

1
Reply
Share
Report
Save
Follow

> 1- How much should the yield be for you to start adding bonds to your portfolio?

I've always had bonds in my portfolio.

> What type of bonds? What about TIPS? What duration?

Ideally you mix them(50/50) and duration is the duration of the liability the bonds are paying for, if you aren't sure, then intermediate term(5-10yr) is reasonable.

> Do you buy bonds or bonds ETFs?

Bond ETF's.

Though I've gotten even lazier and just hold AOA/FFNOX/VASGX as appropriate for my 1 fund 80/20 AA whenever possible. Make other people do the hard work of managing my money for super cheap.

1
Reply
Share
Report
Save
Follow

for all the accusations of shills they threw around there, I suspect the mods and the few regulars there were the real shills, trying to trap new people into donating their money to AA

1
Reply
Share
Report
Save
Follow

I'm sorry but this is too funny.

>The numbers i saw was showing (aa far as i remember) something like 500kcars sale in 21 and 450kcars sale in 22

They sold 936k cars in 21. Almost double than what you thought!

https://ir.tesla.com/press-release/tesla-q4-2021-vehicle-production-deliveries

And yousay you saw 450k sale in 22? You realize 2022 is not even done yet? We don't even have Q3 sales figures. However, you're still off since they sold 566k cars in Q1+Q2 2022.

You're saying all this nonsense and you don't even know the numbers? Please stop.

1
Reply
Share
Report
Save
Follow

I will think i was wrong, no hard feelings. The numbers i saw was showing (aa far as i remember) something like 500kcars sale in 21 and 450kcars sale in 22

1
Reply
Share
Report
Save
Follow

AA

1
Reply
Share
Report
Save
Follow

> Does it make sense to invest in a targeted retirement fund for my personal investment portfolio?

Not really, but it does make sense in your 457B/401k.

A TDF isn't terrible in taxable, but it does cause you to pay more in taxes then you would if you held a static AA. In your taxable brokerage account, something like VT or VTI & VXUS makes more sense. For bonds BND or if you live in a high tax state, there are tax-advantaged bonds that exist for some states.

1
Reply
Share
Report
Save
Follow

I'm sure it depends on your jurisdiction -- I'd google the license requirements for an outpatient rehab facility. In my country (USA) you could probably get away with calling it a "wellness center" or "spiritual retreat" and just hold AA or NA style group meetings which are normally run by laypeople. But you'd be competing both with the free AA/NA programs and with facilities that have licensed therapists, social workers and/or psychologists on staff, so you'd probably want to hire or partner with one of them to oversee things.

1
Reply
Share
Report
Save
Follow

I agree that asset allocations can certainly be responsive to expected timelines regarding when the funds might be needed, and that forecasting in the short- or medium-term might be necessary for this.

That being said, my asset allocation is driven by portfolio value rather than timeline, making it relatively forecast-independent. As this work in dynamic asset allocation shows, it may be optimal to rapidly shift one's AA from the desired accumulation setting to the desired retirement setting once the portfolio is approximately 80-85% of the target value. This has the benefit of not relying on forecasts, as the user just compares their portfolio value to their portfolio target value (which changes over time, but has a higher reliability of estimation than market forecasts).

1
Reply
Share
Report
Save
Follow

> But on the other hand, I have my friends diversifying in real estate rentals and earning some good chunk in rental income already.

There is a case to be made for diversification into other asset classes once your investments are large enough that further diversification earns you something useful.

For real estate, assuming you don't want to run the business yourself, you will need to be an accredited investor and be very savvy, as there are lots of ways people can take advantage, so you would need to have millions of dollars before it makes sense. Basically you would buy into a business that owns an apartment building, and ideally a whole bunch of them(and maybe some commercial also), essentially making your own REIT. Apartment building ownership could easily cost you a 1M or more entry fee, depending on the area and the size of the building.

If you want to do the work of managing it yourself, you don't need as much startup money, but you still need a good chunk, you need to be able to spend the 20% downpayment on at least 1 property, but ideally more than one. If properties in your area go for 1M USD, that could easily cost you 1/2 a million after fees.

Bill Gates is one example of a person that is quite diversified, he owns boat loads of land as well as lots of equities, etc.

Meanwhile the worlds largest sovereign wealth fund(Government Pension Fund of Norway) has more than 1 trillion USD in it, and invests roughly with an AA of 65% VT and 35% BNDW.

So real estate is not remotely required or anything, even as you grow into trillions of dollars.

Regardless, I'd recommend getting out of debt completely first.

> Should I diversify outside of index funds given that I already maxed tax-deferred accounts ?

There is nothing wrong with taxable investing with VT and BND.

1
Reply
Share
Report
Save
Follow

I'd be lying if I said I wasn't a tiny bit worried. But then again, we're T-minus 20 months from our retirement date. I downshifted our AA to 60/40 a few years back and we're staying the course by investing as we have for the past 13 years, just as I have for the last 20 years. We're pretty sure we're going to retire no matter what in 2024. It's too early to change our minds. A lot can happen between now and then.

1
Reply
Share
Report
Save
Follow

Well, right now I'm looking at long term plays in the EV space... specifically commodities like CU, LI, AL, CO, Graphene etc...

I like BHP, FCX, TECK as copper plays.

AA for Aluminum.

A small company in Canada called NanoXplore that produces Graphene.. GRA.to

And as you know ALB and LAC for a Lithium trade.

1
Reply
Share
Report
Save
Follow

AA

1
Reply
Share
Report
Save
Follow

> My reply to you is that in order for it to be better (than simply reducing reducing portfolio risk via more conservative asset allocation) this strategy must exploit some EMH anomaly.

Ok, and I'm saying that you cannot replicate the return profile through more conservative asset allocation, without using leverage. It's not an anomaly, it's using leverage. Again, no alpha, and no claim or necessity of any EMH anomaly. This is literally the basis of risk parity portfolios.

I'm not going to reply to the extended metaphors and philosophical musing because you very clearly already have your mind made up. I'll simply agree to disagree on the issue.

Re: your alternatives - refer to the above for AA, and to my previous comment regarding availability of those types of financial instruments, which in any case would accomplish the same thing with (likely) more complexity. People use portfolio insurance, this is another way to achieve that. Whether it is better or worse would depend on the specifics and the the relative costs of implementation, but this does not imply any EMH violation.

1
Reply
Share
Report
Save
Follow

Well I'm definitely not saying the valuation was correct in 2019, in fact I bought the dip at $2 in early 2020 and sold when it hit $20 in pre-market trading the first time. I would argue that the current valuation is well on the high side, and therefore I see no upside without buying into bogus conspiracy theories. Also if AA really loved apes he'd stop diluting the shit out of the stock and wouldn't have bought a defunct gold mine LOL, plus maybe the CFO would actually own some shares if he really believed there was any upside.

1
Reply
Share
Report
Save
Follow

nope, you're right! sticking with my current aa and gonna dump it back in

1
Reply
Share
Report
Save
Follow

A philosophy major might pay off if you end up going to law school. With an AA or BA in philosophy you can make interesting quotes as a barista at Starbucks.

STEM certainly isn't for everyone. May I suggest a business or perhaps a marketing degree? Maybe accounting if being a CPA sounds interesting.

1
Reply
Share
Report
Save
Follow

You're definitely not cut out for roommates in this situation. I do have a "be prepared" mindset, but for aa far as you are taking it , you are putting yourself through a lot of unnecessary stress.

1
Reply
Share
Report
Save
Follow

I don't think the Fed deserves the blame for the current bout of inflation. Interest rates were already very low prior to the emergency rate cut at the beginning of the pandemic. So if rock bottom rates failed to generate inflation from 2010-2020, it's hard to believe that rock bottom rates alone could've all of a sudden supercharged inflation in late 2020.

Congress appropriated trillions of emergency spending measures to respond to the pandemic. This expansion in the money supply was mandated by your elected representatives, not Jerome Powell. Furthermore, supply chain snarls and labor shortages have constrained production capacity while the consumer keeps demanding more.

The Fed could've started raising rates a year earlier, but it wouldn't have prevented inflation from taking place. Inflation is a result of too much money in the system chasing too few production units. An expansive fiscal policy combined with production shutdowns was the perfect storm. The only thing that the Fed can do is to try to starve the consumer enough that his money can't claim as much production aa before.

1
Reply
Share
Report
Save
Follow

Remember aa a teenager u wasted ur youth for 6 dollars an hour. Now u make a few grand on picking put options for cpi and fomc meetings

1
Reply
Share
Report
Save
Follow

Their Azure cloud platform has got loads of room for growth. Aa businesses move thier enterprise IT from on prem to the cloud, they'll be taking alot of business from Cisco, Dell , VMware etc

1
Reply
Share
Report
Save
Follow

What is AA? I’ve seen it a few times before.

1
Reply
Share
Report
Save
Follow

I don’t think so, because you’re really probably only looking at this in relation to whatever the equity portion of your portfolio is. My intuition would be that you set a maximum leverage ratio vs equities and that would cap your debt draw. Fewer equities in your AA, lower ceiling on debt draw.

1
Reply
Share
Report
Save
Follow

Might the plan for using this debt strategy shift what you consider “normal FIRE” AA towards a more risky AA?

Would you expect the impact of this AA shift in the case of unexpected case of “credit being unavailable” to have “no impact”?

(AA = portfolio asset allocation)

1
Reply
Share
Report
Save
Follow

You can’t predict the market this easily. If you could, it would get artribrated away. But it does make a good psychology point. I notice during the bull runs, people invest more into stocks AFTER they have done well. And they LOWER the AA to stocks after they have done poorly. Opposite of what they should do.

1
Reply
Share
Report
Save
Follow

INTC, BE, PSNY, VWAGY, F, GOOG, APD, AA, UAL, GLW, CAT, CMI, GWRS, HON, PCAR, V, UNP, CLF, STLD, URI. Most of these I'm just starting to nibble at small positions. Also have call options from last week on ADN, NKLA, HYLN and PTRA. Been hedging when necessary with inverses. So far knock on wood I've had a pretty decent year.

1
Reply
Share
Report
Save
Follow

Yeah unless they have some sort of documentation that they are in a program such as AA to help them stop drinking this is a no go.

I’ve had plenty of friends go down this route. The ones that don’t get help end up with really messed up lives and often times jail time.

1
Reply
Share
Report
Save
Follow

What happens when the license gets suspended and they can’t drive to work? Or when the company they work for runs a background update and they get fired?

I look for ways to find a yes when I consider tenants… but I would need to see a yes in more than one of these additional considerations in a situation like this: More than 5 years since the last DUI; Multiple income earners on this lease; Increased nonrefundable prepayment of some kind (depends on your state); Reference from a current AA sponsor and or probation officer, etc.

1
Reply
Share
Report
Save
Follow

I bought $24,000 of $RUM before breakfast. Time for another AA meeting.

1
Reply
Share
Report
Save
Follow

> Am I missing something?

Age is just 1 factor to determine one's asset allocation (AA). There are many other factors. Risk tolerance is arguably the most important one.

1
Reply
Share
Report
Save
Follow

> Am I missing something?

Yes, you’re looking at risk tolerance more from a technical / timeline point of view rather than a psychological point of view even though the later tends to be more of a limiting factor for most people.

You’re also treating psychological risk tolerance as something well known. In reality, many people only discover that they’ve exceeded their risk tolerance retrospectively and in the middle of a crisis.

Third, you’re ignoring the asymmetric nature of the risk/reward balance in selecting an AA. Having slightly too conservative an AA has a relatively modest negative impact on expected returns, while exceeding one’s risk tolerance and panic selling is massively harmful even if it only happens once in an investir’s career.

1
Reply
Share
Report
Save
Follow

All this talk and you STILL haven't bothered to actually do your research. Classic AMC cultist, still waiting on your AA tweet are you?

1
Reply
Share
Report
Save
Follow

When people have incorrectly conflated cognitive ability to English literacy, yes I correct them. I'm a scientist, its in my job to be able to communicate efficiently, it doesn't make me a natural-born English speaker.
I'm also right in using that term, a point which seems to be lost on you, so you can take your cultist critique to twitter while you wait for another AA tweet.

1
Reply
Share
Report
Save
Follow

https://tenor.com/view/drinking-problem-airplane-80s-aa-bar-hopping-gif-19044536

1
Reply
Share
Report
Save
Follow

If the AA approach doesnt work for you, some people have found naltrexone, a drug used to stop alcoholism helps reduce the urge to gamble. You need to take it 1 hour before you gamble. It stops the dopamine release.

1
Reply
Share
Report
Save
Follow

Bottom is in aa of Friday. We going to fly brrr

1
Reply
Share
Report
Save
Follow

Literally almost every video game AA and up outsources some aspect.

1
Reply
Share
Report
Save
Follow

So from one perspective you’re basically asking “why shouldn’t I try timing the market with my ex-US AA” and this isn’t a sub for market timing discussion.

However, what’s worth noting is that keeping your allocations at market weight *already* accomplishes what you’re looking to do—keep a high proportion of whichever asset class has recently outperformed its historic average.

1
Reply
Share
Report
Save
Follow

AA if you read this, please go ufk urself!

1
Reply
Share
Report
Save
Follow

AA, if you’re reading this. Please put this gal on billboard’s and commercials.

1
Reply
Share
Report
Save
Follow

AA. Rehab. You need to fix these issues or you’ll waste away any money you get. Remember that you are a human worthy of your own self-respect. Things will only get better if YOU start believing that they can and actively, continually work at it. You are facing a lot of obstacles, but it is not impossible to turn things around. There is a lot of advice here about living arrangements and jobs. Make sure to also work just as hard on the addiction/emotional side. Wishing you all the best!

1
Reply
Share
Report
Save
Follow

AA

1
Reply
Share
Report
Save
Follow

The impact of being "too aggressive" for your risk tolerance is FAR GREATER than the impact of being "too conservative". Panic selling because of market turbulence locks in the losses, and is far more detrimental to overall growth than simply missing out on returns.

Vanguard has a pretty good guide of historical returns / drawdowns of different portfolio asset allocations:

https://investor.vanguard.com/investor-resources-education/education/model-portfolio-allocation

This can give you somewhat of an indication of expected returns / maximum losses while holding a certain portfolio. When determining your appropriate AA, you need to figure out what % of your money you would be comfortable "losing" (while you wait for the rebound).

1
Reply
Share
Report
Save
Follow

Consider joining the military. I joined the Navy after high school. The Navy taught me life skills and a trade. After I got discharged I used the GI BILL for college and graduated debt free. I was able to get a job at one of the shipyards and now earn a six figure salary with great benefits. Keep your options open. The other military branches may have other opportunities for you as well. It doesn't hurt to ask a recruiter for more information.

Or

Research USAJOBS.GOV online. Every year the federal shipyards hire apprentices for various trades. You earn an AA degree in a trade while working at the shipyard. I was a former apprentice after I left the Navy. It doesn't hurt to look at their website. The shipyards announce openings throughout the year so check out the website regularly. Type in trade, apprentice, or apprenticeship.

1
Reply
Share
Report
Save
Follow

Can only offer my opinions on this:

  1. Russia wanted Ukraine in their sphere of influence because Ukraine was being courted by the EU as an alternative supplier of natural gas and oil through the EU AA. Russia tried with soft power means (Yanukovych striking down the deal) and that led to open conflict in Ukraine and Russia getting involved with direct military action.

  2. The US stands to benefit from Ukraine being "independent" because it will weaken Russia's influence on the petrodollar in one of the largest markets for oil, the EU. Especially since western companies which use the petrodollar would likely be extracting the oil and gas there and sending it to Europe.

  3. The US and EU have a long history of attacking any nation which threatens petrodollar stability: Iraq invasion was after Saddam agreed to sell oil to China not using USD, Libya was after Ghedaffi commercialized his oil fields to non-western nations, Syria civil war started after a Gazprom pipeline was almost completed through the nation etc etc.

Global politics and economy is a dirty game, Russia is a player as is anyone else, they invaded Ukraine for much the same reasons the US invaded Iraq, to secure oil exports in their currency. They're just not as good at war as the US is.

1
Reply
Share
Report
Save
Follow

No way. They make AA batteries too, 80% of their revenue.

1
Reply
Share
Report
Save
Follow

Same reason why the underwater mark for shorts was at $25. Same reason why AA gave Mudrick a pile of share before the runup.

1
Reply
Share
Report
Save
Follow

I had read about I bonds years ago but didn't fully grasp their place in my way allocation until more recently. Like everyone else in enamored with the current rate, but recognizing it's but a free lunch, I want to load up on these (and not yield chase when HYSA and CDs are higher APY so I can be ready for the next bout of unexpected inflation during the next 30+ years). And no, I don't want unexpected inflation (if it doesn't come to fruition then my hedge was suboptimal BUT I assume other aspects of my AA will benefit from that scenario.

1
Reply
Share
Report
Save
Follow

Sell your car and get a beater. Try using either the Avalanche or the Snowball method to bring down your debt. There are YouTube videos that have extensive information on these two methods. Prep your own meals and refrain from going out to eat.

Research USAJOBS.GOV online. Every year the federal shipyards hire apprentices for various trades. You earn an AA degree in a trade while working at the shipyard. I was a former apprentice and now earn a six figure salary with great benefits. Keep your options open. It doesn't hurt to look at their website. The shipyards announce openings throughout the year so check out the website regularly. Type in trade, apprentice, or apprenticeship in the search block.

1
Reply
Share
Report
Save
Follow

AA meeting on Wed. In the basement of St. Michaels. As for Jerome

1
Reply
Share
Report
Save
Follow

Most of the analyses in bogleheads are using very different AA. The last page on that thread is very focused on people using whole-world funds instead of just the SP500. According to the last post on the thread, the whole-world fund they used would have left them with 55% of their portfolio remaining.

My second graph and second chart use a 60/40 stock/bond split, which is probably the most common used in these analyses. doing this, the year 2000 retirees currently have 59% of their portfolio remaining with a 4% SWR.

1
Reply
Share
Report
Save
Follow

> There is an AA difference

OP shows two charts: 100% S&P 500 and 60/40 S&P 500 / 10 year treasuries. The remaining portfolio values are quite different and that's just "an AA difference".

1
Reply
Share
Report
Save
Follow

Well, I’m seeing you have a 2000 retiree following the 4% rule at 16%, willthrill’s thread has them in good shape to make 30 years. There is an AA difference but I’m not sure if that explains all of it. I haven’t dug deeper, just thought you should know because only one year has ever failed 4% (1966) going back to 1870, and 2000 was not close going into this year, and we are not THAT far down this year to collapse the portfolio like that. Something is wrong.

1
Reply
Share
Report
Save
Follow

Oo oo aa aa GUH

1
Reply
Share
Report
Save
Follow

Each person is different. Ex-Drug addict here. I got clean in prison, and have been clean for 14 years without AA/NA. Obviously, accountability is important in AA, but part of it is also giving back. As an example, becoming a sponsor as you stabilize.

You can connect with your community in a lot of ways without it requiring AA/NA. Volunteering at shelters, food banks, churches (if you're religious), etc. Or, you can find a 501c3 that you think is doing something good, and offer to help in that way.

With that being said, Anonymous is useful for a lot of people. Each person is different, and needs different things for success.

1
Reply
Share
Report
Save
Follow

I’ve been sober for over 5 years. AA helped me stay on track and kept me accountable through early sobriety.

1
Reply
Share
Report
Save
Follow

Good job only looking at the last 10 years tk determine your AA. VXUS would’ve outperformed VTI from 2000-2010 and you would be in shambles, like I said. Enjoy your home country bias and the risk of something like Japan happening in the US markets.

1
Reply
Share
Report
Save
Follow

I believe there is a little bit of room for single stock holding in a boglehead philosophy; keep the total AA for your single stocks small and look/plan to hold long term.

​

IF you no longer believe in the companies or want to fully get away from single stocks you can look to do it any number of ways.

In a tax advantaged account you dont have to worry about taxes; just sell everything and reinvest into your funds

If in a standard account you have a few options; sell winners and losers for tax loss harvesting; only sell tax lots with minimal gains and repeat as necessary.

LOSSES - sometimes you have to take the hit; companies go up and down; but what goes down is not guaranteed to go back up. Taking a -1000 hit is rough; but waiting for it to be a -300 "acceptable loss" could take months or years or never at all; you need to evaluate the opportunity cost of not moving the money. Everyone has taken a loss here or there over the years if they have tried single stock picking

1
Reply
Share
Report
Save
Follow

Anecdotally, I had a 3.28 GPA for my AA degree, and when I tried to transfer to a 4 year school, they fucked up on the calculations. 42 or so of the credits were from a different college thanks to a PSEO program from the state, and the community college denoted them as 0 GPA on their record of transferred courses, not factored into their own calculation of GPA. I presume the 4 years system didn’t notice this and figured all those credits had a true value of 0, which caused it to shit the bed and send me a letter saying “sorry, ya GPA too low”.

A friend from work applied with no college credits and was accepted no problem.

1
Reply
Share
Report
Save
Follow

As much as you need to sleep well at night.

> Or is using the 4% rule safe if the market crashes as well as pulling out more money from investments in the event of an emergency?

It's not a rule, it's the result of a study(The trinity study). It's worked historically, it should work in the future, but there is zero guarantee.

There are many withdrawal methods that are arguably better than the 4% plan.

But historically, yes 4% of a 60/40 AA portfolio survived all past events for a 30 year retirement.

There is a thing called "Sequence Of Returns Risk"(SORR) which is important to consider in setting your AA and cash holdings as one is getting ready to start retirement.''

Really you don't have to care about withdrawal at all until you are 5-10 years from retirement. If one is retiring before the age of 59.5, there are things one may want to start on for early withdrawal methods.

1
Reply
Share
Report
Save
Follow

It’s not ideal, but combining the Vanguard Growth Index and the Vanguard Value index gets you at least in the neighborhood of a US total equity market. There will be overlaps and gaps vs VTSAX though.

This is a spitballed AA, so hopefully someone else will chime in too:

30% VIGAX 30% VVIAX 40% VTIAX

1
Reply
Share
Report
Save
Follow

Research USAJOBS.GOV online. Every year the federal shipyards hire apprentices for various trades. You earn an AA degree in a trade while working at the shipyard. I was a former apprentice and now earn a six figure salary with great benefits. Keep your options open. It doesn't hurt to look at their website. The shipyards announce openings throughout the year so check out the website regularly. Type in trade, apprentice, or apprenticeship in the search block. Good luck to you.

1
Reply
Share
Report
Save
Follow

I quit my AA with 2 classes to go 20 years ago. Just finish it. Break it down into super small increments. You can do anything for a month if you want too.

Not saying it can or will make a difference in the long term but at least you won’t question the decision.

1
Reply
Share
Report
Save
Follow

Well they wont ever need to … AA provides them with liquidity every opportunity he gets.

1
Reply
Share
Report
Save
Follow

Yeah I’m looking in the Ann Arbor area. I have a lot of coworkers that live in ypsi so they gave me a few places to take a look at, I’m just a little limited overall because my dog weighs 80lbs so some of those cheaper options in Ypsi and other areas around AA were out of the question because of weight restrictions

1
Reply
Share
Report
Save
Follow

Hard disagree. Lufthansa is flying antique planes with crappy business class, KLM and BA make you pay for your seat even with a non-cheap ticket.

Maybe AA is worse but I'd say United is similar and Delta is leaps ahead. Haven't tried europaair yet. Looking forward to trying it if the biz fares are right

1
Reply
Share
Report
Save
Follow

AA

1
Reply
Share
Report
Save
Follow

Sure, but as a grown up people can make their own decisions.

There's a reasons DR is like PF kindergarten. He's like AA for people who can't control their spending.

1
Reply
Share
Report
Save
Follow

Buy AA batteries and line them all up on the counter flat side down

1
Reply
Share
Report
Save
Follow

Couple AA batteries.

1
Reply
Share
Report
Save
Follow

You'll fly AA again to use the miles. The more you fly AA the more your brain associates flying with AA.

1
Reply
Share
Report
Save
Follow

Lol. That's 8 years. Better to just go into aa school

1
Reply
Share
Report
Save
Follow

Stay with having an employer help fund your bachelors for now.

Visit the schools financial aid office. Sometimes they have scholarships that can bridge the cost difference when matriculating from the community college. My state has a plan that if you succeed with the AA degree program they’ll give you grants for the last two years at the state university.

1
Reply
Share
Report
Save
Follow

It is a signup bonus. Most cards have one; the Barclays AA card happens to have a really easy one to hit.

There is a $99 annual fee that isn't waived the 1st year, but the 50k miles is worth far more than that. No other catch.

1
Reply
Share
Report
Save
Follow

No one can give you advice because we are all unique. If you have socialist security or a pension and good health, you could probably be hardcore AA into index funds. Two years?! I’d go I bonds and cash of a few years worth of living expenses in case the market doesn’t recover in time. Or if you have a lot of money you could just live off dividends, again it’s really individualistic.

1
Reply
Share
Report
Save
Follow

<a href="https://www.sh3a3-clean.com/%d8%b4%d8%b1%d9%83%d8%a9-%d8%aa%d9%86%d8%b8%d9%8a%d9%81-%d9%83%d9%86%d8%a8-%d8%a8%d8%a7%d9%84%d8%af%d9%85%d8%a7%d9%85/ " >شركة تنظيف كنب بالدمام </a>

<a href="https://www.sh3a3-clean.com/%d8%b4%d8%b1%d9%83%d8%a9-%d9%86%d8%b8%d8%a7%d9%81%d8%a9-%d9%85%d8%b3%d8%a7%d8%a8%d8%ad-%d8%a8%d8%a7%d9%84%d8%af%d9%85%d8%a7%d9%85/ " >شركة تنظيف مسابح بالدمام </a>

<a href="https://www.sh3a3-clean.com/%d8%b4%d8%b1%d9%83%d8%a9-%d9%86%d8%b8%d8%a7%d9%81%d8%a9-%d8%b9%d8%a7%d9%85%d8%a9-%d8%a8%d8%a7%d9%84%d8%af%d9%85%d8%a7%d9%85/ " >شركة نظافة عامة بالدمام </a>

<a href="https://www.sh3a3-clean.com/%d8%b4%d8%b1%d9%83%d8%a9-%d9%85%d9%83%d8%a7%d9%81%d8%ad%d8%a9-%d8%ad%d9%85%d8%a7%d9%85-%d8%a8%d8%a7%d9%84%d8%af%d9%85%d8%a7%d9%85/ " >شركة مكافحة حمام بالدمام </a>

<a href="https://www.sh3a3-clean.com/%d8%b4%d8%b1%d9%83%d8%a9-%d8%aa%d9%86%d8%b8%d9%8a%d9%81-%d8%a8%d9%8a%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a8%d8%a7%d9%84%d8%af%d9%85%d8%a7%d9%85/ " >شركة تنظيف بيارات بالدمام </a>

1
Reply
Share
Report
Save
Follow

There’s also a two funds for life that combines TDF and SCV. Chris Pedersen wrote an extensive article about it. I was doing something similar until I began researching additional factors.

I’ve always held the individual TDF funds, I like being able to control the AA myself. Something you might get value out of is splitting VXUS into its separate funds and equal weighting emerging or VWO.

Your model portfolio is very close to my future goals: 20% VTI, 20% RPV, 10% VEA, 10%, VWO, 10% AVDV, 30% AVUV.

Currently, I just hit the 30% AVUV, next I’ll tackle the RPV, then VWO and finally AVDV. I was previously 80/20 VTI/VXUS.

1
Reply
Share
Report
Save
Follow

> One of his reactions was

When you fire someone, it's either at 8:59am before they clock in, or at 5:29pm as they're clocking out. The speech goes "Steve, we've met a few times over the last few weeks to talk about your performance here, and the level of change we've seen hasn't met the level of performance we need. Unfortunately today was your last day here. I'm sorry things didn't work out better for you but I hope you'll do well in the future." Then walk them to the door and close it behind them.

They can react to their mom or their girlfriend or their priest or their AA sponsor, all of those people are equipped to help them.

It's the question and answer session that makes it brutal on you and them. Rip the band-aid off, fire them, move on. Makes it easier on both of you.

> as an employer we let it drag on for far too long and the relationship has deteriorated to the point where it can’t go on further

You will get a feel for this and when somebody starts on Monday, you'll know by Wednesday if they're a fit and you can fire them before Friday. It comes with experience.

1
Reply
Share
Report
Save
Follow

I should clarify that a bit!

It’s more like the key is showing the volunteers that exist in every community you are trustworthy and they are appreciated. I had no Idea so many community groups existed! They came out of the woodwork because they had an outlet. We have a church that cooks hot meals every weekend. They alternate with 2 actually. Another couple loves to sit down and discuss finances. A single woman loves pets, so she organized shots / food donations. We have AA meetings, planned trips to town, BBQ, fun stuff. The medical and social workers now have a room to talk privately, so while not volunteering they are making great connections. We are doing the oversight, security, rent collection, squabble diffusion. But there’s a lot of things that make it a real community that I’m not paying money for, because it’s impossible.

1
Reply
Share
Report
Save
Follow

Obviously these recommendations are made without figuring tax consequences, while it's unlikely given the state of the markets this year, if you have capital gains on any of your funds, you will owe taxes whenever you sell them, so you need to take that into consideration. The lazy answer is don't sell them if they have gains, just don't add more to them, and switch all new contributions to your new Asset Allocation(AA). That way they will slowly become less and less of your portfolio and if you ever do lose the cap gains or have a free tax year(job loss, retirement, etc) is when you sell them.

> Vanguard Total Stock Market Index Fund Admiral Shares- $28,975 > Vanguard LifeStrategy Growth Fund- $13,030 > Vanguard Small-Cap Growth Index Fund Admiral- $9,994

This is your current allocation. The LifeStrategy growth fund(VASGX) is 80% global equities and 20% Bonds. Unfortunately it only comes in a Mutual Fund(MF) container, which is not ideal for a taxable account.

So all of VTSAX is already in VASGX, so it's duplication. If you want to keep the Small Cap Growth tilt, then you could do 25% Vanguard Small-Cap Growth Index Fund and the equivalent 80/20 AA fund in ETF format: AOA. If you switch it all to tax-advantaged money, then sticking with VASGX is totally fine.

If you are trying to tilt to the (hopefully) outperformance based on the Factor Investing model, then you should be in Small Cap Value(SCV), and not Small Cap Growth, which is a different fund. The new hotness for SCV is AVUV, though the Vanguard "equivalent" would be VBR (in ETF format, which is what you want in a taxable account).

1
Reply
Share
Report
Save
Follow

When you book you’re travel you should’ve be able to tie your united/AA/delta or whatever account to flights booked. You just won’t earn credit card points from your personal credit card. Seems silly for you to think it’s not in your best interest to use a company card for business expenses.

1
Reply
Share
Report
Save
Follow
Recent Tweets
$AA Top analyst price target for next week,... https://t.co/bbHfqJW8MH
0
0
0
$aa is set and ready for a run up :~ https://t.co/pqNU29YxGn
0
0
0
$aa $49,000 a day keeps the 9 to 5 away; For a limited time, we are opening our trading chat-room to the public..>~ https://t.co/3tNNuqN93d
0
0
0
$AA Everyone is Buying the Dip Right Now.Hoarding Shares:~ https://t.co/TfqdLtCHn4
0
0
0
$AA 52W low, commodities being dumped on global recession fears. 32 area next support on this on https://t.co/pVWaPNPlPF
0
0
4
For the previous two articles, think Mosaic $MOS and Alcoa $AA. Just a thought.
0
0
0
Why should I NOT be backing up the truck on $AA ?
5
0
7
$AA Alcoa market cap $6.8B Shareholder Equity $5.7B Cash on hand $1.7B
1
0
0
$AA breaking down through a major H&S top. $CENX https://t.co/6WawIxtJ6w
0
0
6
Alcoa Corporation traded 97% above average volume, $AA closed down -9.46%
0
1
1
Investors are very busy people & get 1000s of pitch decks on a day &most of them get bored easily.On my first meeting with any I say;My name is shamim,I am CEO of Xxx we offer BBB & we made zzz & hope to make $AA by 20...Then state problem. Speaking money 1st keeps them awake. https://t.co/PCh4ffrh9u
14
23
170
Long $AA here. Risk/Reward is just too tempting. Ford just clued us in to how scarce materials are. Still a great environment for the sector here IMO.
0
1
1
Aluminum prices hit 18 month low- not a good sign for Global 🌎 Economy outlook. Alcoa $AA 🩸 🔪
0
0
4
Win some lose some. $XPEV was a Rising Devil setup. Waited to see if there would be a pop up at the open to get a better entry. That didn't happen so I rode the momentum down to a big L2 Ask level for +5R. $AA reversal attempt at S6 got stopped out. @BearBullTraders #BBTfamily https://t.co/DmO1Dk6dqA
2
1
12
$AA $CENX $CSTM - Aluminum price drifts to 18-month low ahead of U.S. rate hike decision https://t.co/oeTbbVtN0I
0
0
3
$AA - Alcoa: The Huge Bull Case Beyond Current Gloom And Doom. https://t.co/JQuohZ30fS #stocks #finance #markets
0
2
0
Uh hello $AA $822k in total premium just came in 2400x in volume https://t.co/ZXaPOVMHnz
1
1
3
Can I interest anyone in an Aluminum Factory? They also have a green option coming #alcoa $AA. #growth #Revenue #EBITDA #Cashflow trading at 2.4x EV / EBITDA and Free Cash Flow Yield of 14%. https://t.co/ToktsBSZx4
3
0
19
$AA $FCX $MP AA comments sum up market: - China weak - Europe Toast - US has yet to roll X comments on higher raws from bloated pig (will revert) but seeing persistent higher costs https://t.co/ppk85UQPpv
1
1
5