David Meyers (@meyerswealthman) 's Twitter Profile
David Meyers

@meyerswealthman

CFP®; Fee-Only Financial Planning: Portfolio Management; Projects; Ongoing Comprehensive Planning; Planning-By-The-Hour. Tweets are NOT advice.

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linkhttp://www.MeyersMoney.com calendar_today15-12-2016 18:38:26

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David Meyers (@meyerswealthman) 's Twitter Profile Photo

The only qualifications to be a member of congress: (a) over 25; (b) US citizen (at least 7 yrs); (c) live in the state; and (d) convince enough voters to vote for you. Things which do not disqualify you: lying; committing crimes; being in jail. Get used to two years of Santos.

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Yes, your CA “Middle Class Tax Refund” in the form of a debit card issued by a NY bank totally looked like a scam — but it was real. No, it’s not taxable (per the IRS just a couple of days ago) irs.gov/newsroom/irs-i…

David Meyers (@meyerswealthman) 's Twitter Profile Photo

I love that people take their breakfast so seriously. Also, I wish there was a place nearby where I could get a Full English. (If you know of one, please let me know!). wsj.com/articles/full-…

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Equity analyst: we think this is a stock picker’s market! Me: of course you do. Please tell me of a time, ever, when you thought otherwise.

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Folks, dividends themselves don't matter. *How the dividend was generated* does. Was it interest? Earnings? Return of Capital? Call premiums? Is it *sustainable*? Growing? The dividend is just the by-product.

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Beware of folks showing you financial models with high long-term returns. The (nearly) 100yr *inflation-adjusted* return of an all-stock portfolio is less than 7% (my math, Damodaran's numbers). That's still *great*. But I rarely see folks using numbers that low for stocks.

Paul Waldman (@paulwaldman1) 's Twitter Profile Photo

1. One thing last night made clear is that not only doesn't "fact-checking in real time" work on Trump, it's actually JUST WHAT HE WANTS. Allow me to explain...

David Meyers (@meyerswealthman) 's Twitter Profile Photo

"It's not a loss unless you sell" is utter nonsense, remains utter nonsense, and yet continues to be bandied about all the time. It's not a *tax* loss - maybe - but if the value of your holdings has gone down, you have lost capital. Period.

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Me: makes a joke about buying tacos for safety during financial crises Disclaimers: no, not companies which make or sell tacos, not the crypto currency, and not shares of a company which used to trade under that symbol until it was acquired a couple of years ago. I mean the food

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Can someone explain to me why so few iPhone cases have holes for a wrist strap? It's so trivial, but makes such a huge difference. I really don't want to drop my phone.

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Reminder to conference and event organizers: PUT THE DATES AND LOCATION IN TEXT, NOT GRAPHICS. Okay, both if you must. But if it's *only* in the images, (a) I probably won't see them because I don't load images in e-mail unless I really need to; and (b) visually impaired people

David Meyers (@meyerswealthman) 's Twitter Profile Photo

Loans are not income. They are loans. They need to be paid back one way or another. [No, this comment was not prompted by the student loan situation, though it should be considered there, too.] It's kind of sad how badly people need to hear and understand this.