Search found 4531 matches

by Epsilon Delta
Sat Jul 25, 2015 10:12 am
Forum: Personal Consumer Issues
Topic: Low mileage oil change
Replies: 35
Views: 3424

Re: Low mileage oil change

My wife's mother (age 81) only puts about 2500 miles on her 2002 Maxima each year... drives just around her town...most trips being 30 miles or less and never on a major highway or interstate. We were visiting recently and I just noticed she hasn't had an oil change in about a year....should an oil...
by Epsilon Delta
Sat Jul 25, 2015 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Unequal estimated tax payments
Replies: 25
Views: 1774

Re: Unequal estimated tax payments

This is surprisingly complex. A full answer requires detailed knowledge of the rules or details of your situation you did not give. There are at least some circumstances where making a small payment immediately will reduce the penalty. First of all check which safe harbor you used to calculate your ...
by Epsilon Delta
Fri Jul 24, 2015 11:31 am
Forum: Investing - Theory, News & General
Topic: Cap weight maximum diversification?
Replies: 46
Views: 2356

Re: Cap weight maximum diversification?

In any case, if we assume a multifactor model (e.g. Fama-French 3 factor) to be true, I'm pretty sure under most assumptions of factor returns, you end up with the market portfolio not having the best risk-adjusted returns. This seems like something Fama should have addressed somewhere in some pape...
by Epsilon Delta
Fri Jul 24, 2015 10:07 am
Forum: Investing - Theory, News & General
Topic: Cap weight maximum diversification?
Replies: 46
Views: 2356

Re: Cap weight maximum diversification?

In any case, if we assume a multifactor model (e.g. Fama-French 3 factor) to be true, I'm pretty sure under most assumptions of factor returns, you end up with the market portfolio not having the best risk-adjusted returns. This seems like something Fama should have addressed somewhere in some pape...
by Epsilon Delta
Thu Jul 23, 2015 8:35 pm
Forum: Personal Consumer Issues
Topic: Asking for separate checks?
Replies: 72
Views: 5057

Re: Asking for separate checks?

I have friends from the Northeast who are amazed that restaurants will even do separate checks, but that is pretty common down here. Although if I'm going out with a larger group, I always check in advance. (It is usually only an issue if trying to split more than 5- 6 ways). I've been to many part...
by Epsilon Delta
Thu Jul 23, 2015 7:49 pm
Forum: Investing - Theory, News & General
Topic: Cap weight maximum diversification?
Replies: 46
Views: 2356

Re: Cap weight maximum diversification?

I believe, according to the theory, constructing an index any other way than market-cap-weighting should give it a lower risk-adjusted return ( but generally a higher return as you're taking on more risk ) In theory the bold part is incorrect. You only get paid for taking undiversifiable risk. This...
by Epsilon Delta
Thu Jul 23, 2015 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Not paying estimated taxes
Replies: 20
Views: 2254

Re: Not paying estimated taxes

A lot of people here seem confused. I think this is a good idea as I don't like where my IRA is and I don't mind taking from it, BUT I WANT THE TAX HIT TO BE AS SMALL AS POSSIBLE I think it is a good idea to just take the penalty given your current situation. What I was saying is since you can with...
by Epsilon Delta
Thu Jul 23, 2015 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Balance between saving in taxable account and retirement account? (mega backdoor version)
Replies: 13
Views: 1524

Re: Balance between saving in taxable account and retirement account? (mega backdoor version)

First decide the balance between spending and savings. You should not let the government's arbitrary limits on various accounts determine what you do with your money. Once you've decided how much to save put the money in the best places, until all your savings are accounted for. You need to look at ...
by Epsilon Delta
Wed Jul 22, 2015 4:27 pm
Forum: Investing - Theory, News & General
Topic: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create
Replies: 33
Views: 2972

Re: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create

Epsilon Delta, in your own words, then: In the real world, given the limitations of available data and the limitations of personal behavior, a) Can an individual retail investor apply MPT in his own portfolio? b) If so, should an individual retail investor apply MPT in his own portfolio? c) If so, ...
by Epsilon Delta
Wed Jul 22, 2015 1:06 pm
Forum: Investing - Theory, News & General
Topic: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create
Replies: 33
Views: 2972

Re: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create

Contrasting the "MPT way" with the "pre-MPT way": I feel fortunate that my original investing lessons were taught to me by experienced investors that had not yet embraced MPT. Instead, my original teachers taught that investment selections should be based on a carefully research...
by Epsilon Delta
Wed Jul 22, 2015 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Can You Contribute to Parents Roth IRA?
Replies: 26
Views: 2243

Re: Can You Contribute to Parents Roth IRA?

A minor thing to keep in mind is the gift tax if contributing to their Roth accounts pushes your total gifts over $14000 per person. $14K per year is the annual exclusion limit. But I doubt he is going to give them $5.4M in lifetime gifts. Above $14K would trigger the threshold to report, however, ...
by Epsilon Delta
Wed Jul 22, 2015 9:49 am
Forum: Investing - Theory, News & General
Topic: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create
Replies: 33
Views: 2972

Re: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create

There are other ways to estimate portfolio risk and return that circumvent correlation estimates. One way is to assume there is no efficient frontier. This shows the main problem with MPT. People either do not read it or having read it do not understand it. The efficient frontier is not defined as ...
by Epsilon Delta
Wed Jul 22, 2015 8:22 am
Forum: Investing - Theory, News & General
Topic: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create
Replies: 33
Views: 2972

Re: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create

There are other ways to estimate portfolio risk and return that circumvent correlation estimates. One way is to assume there is no efficient frontier. This shows the main problem with MPT. People either do not read it or having read it do not understand it. The efficient frontier is not defined as ...
by Epsilon Delta
Wed Jul 22, 2015 1:09 am
Forum: Personal Consumer Issues
Topic: How to get a job as a software developer?
Replies: 39
Views: 3531

Re: How to get a job as a software developer?

Another way to get some experience is to do some something for your current employer. Either by switching jobs or by just taking a problem you find, or somebody else has, and solving it. I believe the OP is a file clerk. There may be opportunities to help somebody doing something out of the ordinary...
by Epsilon Delta
Wed Jul 22, 2015 12:30 am
Forum: Personal Consumer Issues
Topic: lock for $500 bike
Replies: 27
Views: 2455

Re: lock for $500 bike

You've received good advice so far but I would say most of it is overkill. If you live in a relatively low crime area and will be leaving your bike in mostly high traffic areas (Walmart, grocery stores) I would go with a simple cable and either tumbler lock or master lock. REI sells them in various...
by Epsilon Delta
Wed Jul 22, 2015 12:04 am
Forum: Personal Finance (Not Investing)
Topic: honda civic or Prius?
Replies: 86
Views: 7207

Re: honda civic or Prius?

I will also note my reading reviews has told me these cars -really- suffer on gas mileage in colder areas and I've heard a lot of regrets from people in the northern U.S.. This is hearsay, just take of that what you will. All cars suffer in the cold. When you go 25 mpg to 20 in the winter, you thin...
by Epsilon Delta
Mon Jul 20, 2015 11:49 am
Forum: Personal Consumer Issues
Topic: Transporting Car 1,800 miles
Replies: 23
Views: 1665

Re: Transporting Car 1,800 miles

It's worth considering selling the car in middle America and buying a different one on the east coast. Sometimes the transaction costs are less than the shipping costs, bearing in mind that some of the transaction costs (e.g. registering in the new state) are going to have to be paid anyway.
by Epsilon Delta
Mon Jul 20, 2015 10:44 am
Forum: Investing - Theory, News & General
Topic: So many anomalies -- so little time: buy a nomaly basket
Replies: 22
Views: 1794

Re: So many anomalies -- so little time: buy a nomaly basket

It is a good benchmark though, and it does imply the following practical rule: If costs are low enough, the premium exists. ... Hypothetically speaking, what prevents someone from writing a computer algorithm that generates their own "index" and then trades against that index just as effi...
by Epsilon Delta
Mon Jul 20, 2015 8:33 am
Forum: Investing - Theory, News & General
Topic: So many anomalies -- so little time: buy a nomaly basket
Replies: 22
Views: 1794

Re: So many anomalies -- so little time: buy a nomaly basket

It is a good benchmark though, and it does imply the following practical rule: If costs are low enough, the premium exists. ... Hypothetically speaking, what prevents someone from writing a computer algorithm that generates their own "index" and then trades against that index just as effi...
by Epsilon Delta
Sun Jul 19, 2015 1:44 pm
Forum: Personal Consumer Issues
Topic: Replacing wireless router - advice needed
Replies: 21
Views: 2093

Re: Replacing wireless router - advice needed

Routers don't just slow down; if the radio burns out, they quit entirely. Interference is a likely cause of the slowdown; While interferenece is a likely cause I have had cases where a radio partially fails. One example is the antennae breaks off and the access point continues to work in a degraded...
by Epsilon Delta
Sun Jul 19, 2015 11:15 am
Forum: Personal Consumer Issues
Topic: Philosophical HVAC Question: When to Replace AC/furnace
Replies: 24
Views: 1781

Re: Philosophical HVAC Question: When to Replace AC/furnace

When the temperature is 90+ and RH is 95+%, it is very difficult to pull sufficient moisture out at a normal room temperature with a 13 SEER unit. The difference in comfort with the new unit was significant - I was able to set the thermostat 4 degrees F higher. Maybe so, but our 12 SEER units do a ...
by Epsilon Delta
Sun Jul 19, 2015 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Can You Contribute to Parents Roth IRA?
Replies: 26
Views: 2243

Re: Can You Contribute to Parents Roth IRA?

It sounds like your parents will have a very low marginal rate in retirement, probably lower than their current rate. As such, a deductible TIRA contribution will work out better than a Roth contribution because they will get the deduction now at a higher rate than they will be taxed later on. Don'...
by Epsilon Delta
Thu Jul 16, 2015 2:28 pm
Forum: Investing - Theory, News & General
Topic: Probability/statistics thinkers: should a skilled speculator go broke?
Replies: 36
Views: 2835

Re: Probability/statistics thinkers: should a skilled speculator go broke?

Discipline, sure But I think if you took a 5-year-old, a chimpanzee and an experienced investor, and had them follow the rules off a sheet of A5 paper, they'd all produce the same results Being forced or persuaded to do something is not a skill. Getting a 5-year-old, a chimpanzee or an experienced ...
by Epsilon Delta
Thu Jul 16, 2015 11:28 am
Forum: Investing - Theory, News & General
Topic: Probability/statistics thinkers: should a skilled speculator go broke?
Replies: 36
Views: 2835

Re: Probability/statistics thinkers: should a skilled speculator go broke?

What can be said, mathematically, about the internal rate of return of a series that starts and ends at zero? That's a serious question, I can't figure it out, but I think the answer must either be "zero" or "indeterminate." If you start and end at zero the IRR is indeterminate ...
by Epsilon Delta
Wed Jul 15, 2015 3:31 pm
Forum: Personal Consumer Issues
Topic: Are the more expensive bikes worth paying for?
Replies: 78
Views: 3901

Re: Are the more expensive bikes worth paying for?

Thanks all for the feedback. I will have to visit a bike shop and check the bikes out. I am definitely leaning toward the Trek. The one concern that I have is that there is a higher risk of this bike being stolen. Are there bike stands you can attach to a car that can securely attach a bike to? I h...
by Epsilon Delta
Wed Jul 15, 2015 2:54 pm
Forum: Investing - Theory, News & General
Topic: Help me understand - is an accumulating ETF a bad thing?
Replies: 10
Views: 979

Re: Help me understand - is an accumulating ETF a bad thing?

I don't know your specific tax situation, but we here in the US would love to have accumulating funds. I, for one, would always use them in my taxable account. Alas, they are not allowed. It doesn't matter if accumulating funds are allowed if the reinvested income is taxed. This is the case in many...
by Epsilon Delta
Tue Jul 14, 2015 9:57 pm
Forum: Personal Consumer Issues
Topic: Which professional to contact? [Front yard maintenance]
Replies: 12
Views: 1037

Re: Which professional to contact? [Front yard maintenance]

You can fill shallow hollows by spreading a thin layer of topsoil/compost on top of the grass. The grass will grow through it, and you can repeat if needed. Exactly how thick a layer you can use and how often you can do it depends on the type of grass and climate. Typically 1/2 an inch a couple of t...
by Epsilon Delta
Tue Jul 14, 2015 5:07 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 4536

Re: Builder wants to put a retaining wall on my property

One thing to consider if you decide to sell them some land. The developer will own a strip of land several feet wide at the top of the wall and adjacent to your land. They might use this for, say, storing garbage cans. You might want to include some sort of restrictions on what they can do with this...
by Epsilon Delta
Tue Jul 14, 2015 10:55 am
Forum: Personal Finance (Not Investing)
Topic: IRS tax forms
Replies: 25
Views: 749

Re: IRS tax forms

This may seem very "simple" but we've been paying a CPA for years to do our taxes. We no longer have rental properties, write-offs, etc. I'm sure I can do it myself. Does one just go to IRS.gov and input the info on the form and mail it in? Duh, sorry, but I've seen the 1040's on their we...
by Epsilon Delta
Tue Jul 14, 2015 10:23 am
Forum: Investing - Theory, News & General
Topic: Shouldn't riskier stocks have better returns?
Replies: 20
Views: 1453

Re: Shouldn't riskier stocks have better returns?

So the general rule of thumb is that any risk that needs to be taken and can't be eliminated through diversification should have a higher expected return the more the risk is. Thus stocks are naturally riskier than bonds, and therefore have a higher long-term expected return. All of this discussion...
by Epsilon Delta
Mon Jul 13, 2015 9:32 pm
Forum: Personal Consumer Issues
Topic: Desktop wifi connection + keyboard
Replies: 9
Views: 624

Re: Desktop wifi connection + keyboard

It's easy to see if there is any performance difference between ethernet and wifi . Connect using ethernet only, and run a couple of speed tests at speedtest.net. Unplug ethernet and connect using WiFi. Run speed tests again and see if the speeds are different. Wireless is more likely to have inter...
by Epsilon Delta
Mon Jul 13, 2015 9:07 pm
Forum: Personal Consumer Issues
Topic: Wiring home network cable type?
Replies: 30
Views: 1925

Re: Wiring home network cable type?

Semi-serious question. What do you do if you assume that technology will advance and that you really ought to rewire your house for data every ten years or so? Is there some kind of system of channels that makes it trivially easy to slip cables in and out? Completely concealed access panels in base...
by Epsilon Delta
Mon Jul 13, 2015 12:48 pm
Forum: Personal Consumer Issues
Topic: Wiring home network cable type?
Replies: 30
Views: 1925

Re: Wiring home network cable type?

Probably not relevant to the OP but may be to some lurker. Ethernet over coax is still supported. You can buy adaptors and reuse coax originally installed for TVs. You won't get Gbit but it it should be enough for streaming. This may be cheaper if stringing new wire involves cutting and patching dry...
by Epsilon Delta
Mon Jul 13, 2015 12:22 pm
Forum: Personal Consumer Issues
Topic: Voyageurs National Park Vacation
Replies: 11
Views: 1119

Re: Voyageurs National Park Vacation

http://www.nps.gov/voya/planyourvisit/bears-and-food-storage.htm Black Bears mostly wreck stuff, looking for food. It's always best to check directly with the local rangers (or their web-site) for current procedures. In a couple of places they update the recommendations in the four or five years be...
by Epsilon Delta
Mon Jul 13, 2015 9:35 am
Forum: Personal Consumer Issues
Topic: No dipstick on a new Audi engine!?!!
Replies: 73
Views: 7163

Re: No dipstick on a new Audi engine!?!!

Of course, it's still easier to change fan belt in a 1980 Renault Le Car than a Prius, despite the fact that you had to partially dismantle the engine in the Renault due to clearance issues if you didn't have expensive special tools. I doubt that. Swapping the serpentine belt on a Prius takes 15 mi...
by Epsilon Delta
Mon Jul 13, 2015 12:34 am
Forum: Personal Consumer Issues
Topic: No dipstick on a new Audi engine!?!!
Replies: 73
Views: 7163

Re: No dipstick on a new Audi engine!?!!

Cars like 2014 Audi don't have an ECM, they have multiple ECMs. The most current cars , especially the latest from the Germans, are rolling networks of integrated systems modules. Starting a MB requires 5 separate ECMs to sequential integrate and execute the engine start sequence. More than one poo...
by Epsilon Delta
Sun Jul 12, 2015 9:10 pm
Forum: Personal Consumer Issues
Topic: Password Management
Replies: 56
Views: 2918

Re: Password Management

I'm still asking for opinions as to whether a memorized random PW together with 2 factor is good enough, say for Vanguard access. Once you've selected a password just a bit more complex than "password" or your mother's maiden name the longer password is protecting against errors of the ot...
by Epsilon Delta
Sun Jul 12, 2015 1:00 pm
Forum: Personal Consumer Issues
Topic: Password Management
Replies: 56
Views: 2918

Re: Password Management

On the other hand the three factors are: ⋅ Something you are (e.g. fingerprints) ⋅ Something you have (e.g. dongle) ⋅ Something you know (e.g. password) One problem: an "unnamed" nation state now has fingerprints for 1M+ Americans so the whole assumption that...
by Epsilon Delta
Sun Jul 12, 2015 11:29 am
Forum: Personal Consumer Issues
Topic: House Layout: Where to put Dining Table?
Replies: 23
Views: 1735

Re: House Layout: Where to put Dining Table?

If a dining table is rarely used it's worth considering a table with variable size, such as a gate leg table or one with multiple leaves. For example the breakfast table could expand into the family room, or you could have a gate leg table in the family room that is kept folded most of the time.
by Epsilon Delta
Sun Jul 12, 2015 11:18 am
Forum: Personal Consumer Issues
Topic: Password Management
Replies: 56
Views: 2918

Re: Password Management

I've used Lastpass for years, generally with simpler passwords, but with more complex or generated PWs for financial accounts. With the coming of 2 factor verification availability I'm more comfortable with simpler passwords and am considering going to ones I can actually remember. Am I deluding my...
by Epsilon Delta
Sun Jul 12, 2015 10:09 am
Forum: Personal Consumer Issues
Topic: No dipstick on a new Audi engine!?!!
Replies: 73
Views: 7163

Re: No dipstick on a new Audi engine!?!!

Yeah, I will take a 2014 Audi without a dipstick, any day over a 1999 camry. It is a beautiful car and super nice, so congratulations on this modern car which looks great and drives so well! As far as the dipstick itself, I don't really see why it is an issue. The car can tell you when the oil is l...
by Epsilon Delta
Sat Jul 11, 2015 9:53 pm
Forum: Personal Consumer Issues
Topic: House Layout: Where to put Dining Table?
Replies: 23
Views: 1735

Re: House Layout: Where to put Dining Table?

In that house I'd have all meals in the breakfast room. Unless I had guests I didn't like, in which case I wouldn't feed them.
by Epsilon Delta
Fri Jul 10, 2015 11:21 pm
Forum: Personal Consumer Issues
Topic: No dipstick on a new Audi engine!?!!
Replies: 73
Views: 7163

Re: No dipstick on a new Audi engine!?!!

All newer cars have gone to a lot more sensor based info and displays but at some point you get to diminishing returns in terms of complexity. Since about 2012 BMW, Mercedes, and Audi have been designing and building cars that just to start and run normally rely on a lot of technical integration of...
by Epsilon Delta
Thu Jul 09, 2015 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Funds that exclude one country
Replies: 27
Views: 1351

Re: Funds that exclude one country

It the country is Canada, a combination of EFA (developed ex-Canada-and-US), plus EM and a US index, would work. For Canada there's VXC, Vanguard FTSE All-World ex Canada. The most likely place to find an ex-(Random Country) fund is at the financial institutions of (Random Country). This probably w...
by Epsilon Delta
Thu Jul 09, 2015 3:27 pm
Forum: Personal Consumer Issues
Topic: Shower door or curtain for bathroom remodel
Replies: 61
Views: 3821

Re: Shower door or curtain for bathroom remodel

I find that glass doors are much better at keeping the water in the shower. Close the doors and they work. In contrast shower curtains usually need to be adjusted just so every time or they leak aground the ends. This goes double for fru fru curtains where you also have to keep parts of the curtains...
by Epsilon Delta
Thu Jul 09, 2015 3:13 pm
Forum: Investing - Theory, News & General
Topic: Government bond defaults
Replies: 29
Views: 2232

Re: Government bond defaults

The Greek gov actually lied about what they were spending and what they were getting as income, in order to join Euro and after joining Euro. Moral out rage now from Germans, but I have also read that many people were quite aware of Greece's deceptions but the ideal of a united Europe placed some f...
by Epsilon Delta
Thu Jul 09, 2015 1:26 pm
Forum: Personal Consumer Issues
Topic: Vanguard's Security image going away?
Replies: 71
Views: 6963

Re: Vanguard's Security image going away?

As with all software, there is a often complexity to keeping it working with any changes to their system, and with complexity comes co I agree that there are better security measures - somewhat doubt that the software cost of using the image is a deal breaker - but maybe that was a significant part...
by Epsilon Delta
Thu Jul 09, 2015 12:55 pm
Forum: Personal Consumer Issues
Topic: The cost of walking el Camino de Santiago
Replies: 85
Views: 9432

Re: The cost of walking el Camino de Santiago

In the 1970's the SAS used bricks and stone filled backpacks on training marches, until Major Kealy died of hypothermia due to not having enough cold weather clothing. The policy was changed to use only useful equipment (stoves, bivy sacks and the like) as ballast. While your not likely to be doing ...
by Epsilon Delta
Thu Jul 09, 2015 12:39 am
Forum: Personal Consumer Issues
Topic: No dipstick on a new Audi engine!?!!
Replies: 73
Views: 7163

Re: No dipstick on a new Audi engine!?!!

Dipsitcks have become a luxury that luxury cars no longer posses. If you can afford a new BMW or Audi, someone else will do the work on it. Why would the owner get their hands dirty? I don't do engines, but I have worked on hydraulic systems. A major sources of contamination was oiks "cleaning...
by Epsilon Delta
Wed Jul 08, 2015 11:56 pm
Forum: Investing - Theory, News & General
Topic: Government bond defaults
Replies: 29
Views: 2232

Re: Government bond defaults

I understand how this would be the case between governments with different currencies and no mutual international league membership, but aren't there rules in place for bonds between Eurozone or EU governments? There are no rules in place. They are making it up as they go along. And if such rules d...

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