Search found 1457 matches

by Ketawa
Fri Jul 31, 2015 12:37 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 167
Views: 14956

Re: Free Windows 10 Upgrade, Yes or No?

You should be fine just upgrading your windows 7 on the SSD to 10. There will be an option to keep your old files (its creates a Windows.old folder) or start with a clean install. You don't have to reset your SSD before hand. I understand that. I'm just wondering if there's a good reason to do a cl...
by Ketawa
Fri Jul 31, 2015 11:59 am
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 167
Views: 14956

Re: Free Windows 10 Upgrade, Yes or No?

I think I'm going to take the jump and move from 7 to 10. My desktop has two hard drives: a SSD with Windows and all my programs, and a spinning disk with my personal data. Just a couple of questions. Is there any particular reason that a reset of the SSD would be useful? I'm fine with reformatting ...
by Ketawa
Fri Jul 31, 2015 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 228
Views: 157764

Re: Mango prepaid card - 4.8% (effective) APY

NetSpend cards are now a better deal than Mango. Having $500 tied up with monthly ACHs takes Mango's return down to 3.4% after tax at a 25% rate. NetSpend is still 3.7%.
by Ketawa
Thu Jul 30, 2015 10:54 am
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 203
Views: 7696

Re: Are equities really as risky as anyone thinks?

You will have 90x annual expenses saved at age 60. Why bother with equities at all? A better question: why not? If the risk is controlled through low drawdown rates, I can earn higher investment returns and leave more money to my estate or to have more flexible fun money to spend. The point is that...
by Ketawa
Thu Jul 30, 2015 9:46 am
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 203
Views: 7696

Re: Are equities really as risky as anyone thinks?

Yes, this is a completely silly hypothetical. I threw some numbers in a spreadsheet to see how realistic it is. In order to achieve savings of 50x expenses by age 60, starting work at age 22, here is what you need: 4% increase in income every year 100% equities portfolio, 10% annualized returns sav...
by Ketawa
Thu Jul 30, 2015 8:59 am
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 203
Views: 7696

Re: Are equities really as risky as anyone thinks?

Having skimmed through this thread, I think the problem described is largely made up: - person retires at 60, - has 50x annual earnings. I think we don't even have to open the investing book to know that this person does not need to invest. This problem sounds about the following. I have $100K, and...
by Ketawa
Wed Jul 29, 2015 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 119
Views: 8873

Re: Credit Card Rewards (Travel)

Thank you! I'll try to keep an eye out for that offer again. I typically try to check "The Points Guy" for his top deals periodically. Would be interested if others find better ways to monitor things without going crazy I haven't found The Points Guy to be that useful. IMO, the best resou...
by Ketawa
Wed Jul 29, 2015 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 119
Views: 8873

Re: Credit Card Rewards (Travel)

And if (hypothetically) I had canceled my Citi-AA card before I booked the flight, would AAdvantage know that I'm not eligible for the bonus any longer? I canceled my Citi AAdvantage Platinum Select in February of this year. AA's web site still shows me as a Citi AAdvantage cardmember. I redeemed m...
by Ketawa
Wed Jul 29, 2015 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 119
Views: 8873

Re: Credit Card Rewards (Travel)

If you have no intention of holding these [Citi AA] cards beyond 1 year and paying the annual fee, it's very important to close them immediately after earning the bonus since opening or closing a card resets the 18 month clock. I was going to keep Citi AA cards until 1 year is up. If I close them e...
by Ketawa
Wed Jul 29, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 119
Views: 8873

Re: Credit Card Rewards (Travel)

Thank you! I'll try to keep an eye out for that offer again. I typically try to check "The Points Guy" for his top deals periodically. Would be interested if others find better ways to monitor things without going crazy Subscribe to "The special credit card offers master thread [Subs...
by Ketawa
Tue Jul 28, 2015 12:39 pm
Forum: Investing - Theory, News & General
Topic: XIRR - dividends, and creating YTD figures
Replies: 9
Views: 595

Re: XIRR - dividends, and creating YTD figures

1. The first is about reinvested dividends. I get the rationale for why reinvested dividends, when staying within the portfolio, don't need to be included in the XIRR calculation of that portfolio. However I often receive a dividend from stocks within my portfolio that is only partly reinvested. Fo...
by Ketawa
Tue Jul 28, 2015 12:04 pm
Forum: Investing - Theory, News & General
Topic: The Futility of Predicting Future Returns
Replies: 87
Views: 4017

Re: The Futility of Predicting Future Returns

Given that you believe in valuations, tell me. As of today, which of U.S. stocks or U.S. bonds have the highest expected forward 5-year risk-adjusted returns? How about 10 years? 20? 30? Don't forget to provide the ranges, for each of your predictions. You are putting words in the mouths of people ...
by Ketawa
Tue Jul 28, 2015 11:00 am
Forum: Investing - Theory, News & General
Topic: Another look at dividend paying stocks
Replies: 49
Views: 4348

Re: Another look at dividend paying stocks

"And btw I would never buy TBM either!!! why would I want to own bonds with the optionality of mortgages, that always works in wrong direction at wrong time? And I also personally don't want in general corporate credit risks with their optionality as well (as well as credit risk which has been...
by Ketawa
Mon Jul 27, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 119
Views: 8873

Re: Credit Card Rewards (Travel)

I would like to caution everyone that there are a lot of risks. I opened 2 accounts with chase and 2 more with 2 other banks. I was then shut down by Chase for 2 years due to activity. Unfortunately, they offer the best programs for my travel plans. Also, I learned that fuel surcharges on int'l fli...
by Ketawa
Mon Jul 27, 2015 1:03 am
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 6730

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

Apparently, Vanguard also has a lot of experience with hedging currencies before they opened this fund. They have a Global Bond Index Fund domiciled in Ireland with USD hedged shares. It's date of inception was March 31, 2008, so this fund survived the Great Recession. According to its annual report...
by Ketawa
Mon Jul 27, 2015 12:11 am
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 6730

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

Also of note is that the SEC yield has risen 0.33% in 3 months. By my back of the envelope calculation, you would expect a loss of approximately 2.4% from the change in interest rates with a 7.3 year duration and a gain of about 0.2% from interest payments, for a total loss of 2.2%. Meanwhile, the f...
by Ketawa
Mon Jul 27, 2015 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 6730

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

Back to the OP's original question of why someone would want to hold a nominal bond fund with a 0.76% yield and 7.5 year duration, I have no clue. I'm not touching it at the current yield and duration. Vanguard (or at least, a senior Vanguard official) has pointed out that the yield is not an accur...
by Ketawa
Wed Jul 22, 2015 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 6730

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

An interesting blog entry from Vanguard Canada: https://www.vanguardcanada.ca/individual/articles/education-commentary/vanguard-voices/why-the-negativity.htm Comparing U.S. Treasury yields to, say, German bund yields is like comparing apples to oranges—both are a round fruit, but there are importan...
by Ketawa
Wed Jul 22, 2015 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 6730

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

Here's another example. Consider two countries with similar credit quality and different currencies. Country A has 2% inflation expectations, 1% real return expectations -> 3% yield on nominal bonds Country B has 4% inflation expectations, 1% real return expectations -> 5% yield on nominal bonds Her...
by Ketawa
Wed Jul 22, 2015 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Why invest in BNDX's when 30 day SEC yield = 0.76%.
Replies: 102
Views: 6730

Re: Why invest in BNDX's when 30 day SEC yield = 0.76%.

I haven't been following this discussion very closely, but the idea that the SEC yield does not include a hedge return is interesting to me. Why should the hedge return be expected to be 0%? I could see it being expected to be 0% over the very long term, but not under current circumstances. % of BND...
by Ketawa
Tue Jul 21, 2015 1:56 pm
Forum: Investing - Theory, News & General
Topic: Duration Considerations of the TSP G Fund
Replies: 26
Views: 2483

Re: Duration Considerations of the TSP G Fund

Vanguard Total Bond Market Admiral Shares (VBTLX) - proxy for F Fund SEC Yield: 2.15% Duration: 5.7 years G Fund Yield: 2.25% Duration: 0 Is it a "best of both worlds" or "worst of both worlds"? Would it be beneficial? It's impossible to predict with any accuracy what the future...
by Ketawa
Tue Jul 21, 2015 1:40 pm
Forum: Personal Consumer Issues
Topic: Wedding Reception
Replies: 68
Views: 8517

Re: Wedding Receiption

Since everyone seems to be chiming in with their opinions on cash bar vs open bar... My brother is getting married in Oklahoma, far from where any of our half of the family lives. The couple is providing only hors d'oeuvres, cake, water, tea, and coffee. Needless to say, I thought this was pretty ta...
by Ketawa
Tue Jul 21, 2015 1:08 pm
Forum: Investing - Theory, News & General
Topic: Duration Considerations of the TSP G Fund
Replies: 26
Views: 2483

Re: Duration Considerations of the TSP G Fund

fortyofforty wrote:How about a 50:50 split between the G and F funds within the TSP? How does that look?


Vanguard Total Bond Market Admiral Shares (VBTLX) - proxy for F Fund
SEC Yield: 2.15%
Duration: 5.7 years

G Fund
Yield: 2.25%
Duration: 0
by Ketawa
Tue Jul 21, 2015 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Rent my condo? Looking at Cap Rate, COC, Total ROI
Replies: 10
Views: 732

Re: Rent my condo? Looking at Cap Rate, COC, Total ROI

The market is hot right now. I've stopped looking for potential rental property where I live because owners want too much. I only have 3 properties, but I bought them based on cash flow and not on appreciation. These properties could realistically not appreciate any over the next 10 years, but they...
by Ketawa
Tue Jul 21, 2015 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Rent my condo? Looking at Cap Rate, COC, Total ROI
Replies: 10
Views: 732

Re: Rent my condo? Looking at Cap Rate, COC, Total ROI

Playing devil's advocate... Secondarily, the cash-flow is razor thin. There's a good chance you'll have to throw your W-2 salary into a repair at some point. I agree that the cash flow is thin. However, I have over $20k liquid in prepaid card savings accounts making 5% FDIC insured. That is enough t...
by Ketawa
Mon Jul 20, 2015 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Rent my condo? Looking at Cap Rate, COC, Total ROI
Replies: 10
Views: 732

Rent my condo? Looking at Cap Rate, COC, Total ROI

I want to say up front that I'm 90% sure I will not rent my condo. This exercise is mainly academic for me and to solicit for any second opinions solely on the financials. I don't think I want to deal with being a landlord unless it turns out to be a really good deal for me. I will likely be moving ...
by Ketawa
Mon Jul 20, 2015 10:21 am
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 80
Views: 11051

Re: The "No Bonds" portfolio

To meet withdrawal needs, you may need to sell both bonds and equities. Unless you setup a rule to never sell equities and always tap into bonds first. Then your asset allocation will shift maybe even as far to 100%. Suppose you're $80 in stocks $20 in bonds. Stocks fall 50% to $40. You need to wit...
by Ketawa
Mon Jul 20, 2015 8:55 am
Forum: Investing - Theory, News & General
Topic: The "No Bonds" portfolio
Replies: 80
Views: 11051

Re: The "No Bonds" portfolio

If you can generate all the income you need from dividends, it would certainly be reasonable to do so. They key is not having to sell your stock shares to create cash, especially when the market tumbles. The ultimate goal of every stock investment is sooner or later to become "cash", whet...
by Ketawa
Mon Jul 20, 2015 8:44 am
Forum: Investing - Theory, News & General
Topic: So many anomalies -- so little time: buy a nomaly basket
Replies: 22
Views: 1797

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 Ketawa
Thu Jul 16, 2015 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for ~$5k? Need low risk
Replies: 15
Views: 1406

Re: Best place for ~$5k? Need low risk

A NetSpend prepaid card/savings account. 5% FDIC insured on up to $5k. Check out the thread on fatwallet for more guidance.
by Ketawa
Tue Jul 14, 2015 9:51 am
Forum: Personal Consumer Issues
Topic: VRBO illegal rental [Vacation Rentals by Owner]
Replies: 53
Views: 5095

Re: VRBO illegal rental [Vacation Rentals by Owner]

"VRBO, AirBnB, Uber, are all wholly illegal businesses." REALLY? I don't know specifics about AirBnB or Uber, but as for VRBO... how in the world are you determining that their entire business is "illegal"? Indeed...in my state, Uber is completely legal. http://www.washingtonpos...
by Ketawa
Tue Jul 14, 2015 7:46 am
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 5596

Re: Whatever happened to the advocates of CDs vs Bonds?

I don't hold any regular bonds or bond funds. All my fixed income is in the G Fund, prepaid cards making 5%+, and promotional high rate CDs. My YTD return for all fixed income is 2.1%. Annualized, 4.1%.
by Ketawa
Mon Jul 13, 2015 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Removing PMI: get appraisal or pay down mortgage?
Replies: 17
Views: 1027

Re: Removing PMI: get appraisal or pay down mortgage?

Wait a minute. Your choice is to pay $350 for an appraisal that you say you know will produce sufficient Comps to remove PMI......or to hand over $4K to the bank ?? Don't overthink this, my friend. Do you have something against prepaying debt? I would pay the $4k. You can never be sure that an appr...
by Ketawa
Sun Jul 12, 2015 4:59 pm
Forum: Investing - Theory, News & General
Topic: Larry Portfolio Shortfall
Replies: 37
Views: 2682

Re: Larry Portfolio Shortfall

You are correct but I do not think it is a coincidence that once one of these portfolios are widely publicized the out performance disappears that is the reason I started with 2012, after the LP was disclosed. If it was disclosed earlier I would like to know as that would change the results. If the...
by Ketawa
Fri Jul 10, 2015 12:40 pm
Forum: Personal Consumer Issues
Topic: Internet storage and backup for Mac. Dropbox, iCloud, others?
Replies: 54
Views: 3192

Re: Internet storage and backup for Mac. Dropbox, iCloud, others?

Just out of curiosity, do people here actually back up "everything" (including tax/financial/personal documents), or do you only back up the things that you don't mind the world seeing if the data ever gets compromised? Aren't these providers basically sitting targets? I mean, everyone kn...
by Ketawa
Fri Jul 10, 2015 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed 15/15 Adjustable Rate Mortgage
Replies: 10
Views: 2486

Re: Penfed 15/15 Adjustable Rate Mortgage

For ARMs, prepayments result in a lower required monthly payment when the rate resets and the mortgage recasts.
by Ketawa
Wed Jul 08, 2015 9:50 pm
Forum: Investing - Theory, News & General
Topic: theories of why financial bubbles
Replies: 6
Views: 969

Re: theories of why financial bubbles

Actually I looked at that very one before I posted--just the online text--and thought that Fama was only saying that bubbles can't be predicted , which is quite different from saying that they can't and don't occur. That seems to be similar to what he said in his Econtalk interview from 2012. Here ...
by Ketawa
Tue Jul 07, 2015 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 228
Views: 157764

Re: Mango prepaid card - 4.8% (effective) APY

Only one savings account allowed at regular Netspend, only one at Brinks, only one at ACE, only one at.... And only 3 savings accounts total allowed at Metabank, only 3 savings accounts at BofI, etc... Metabank services savings accounts for WU, vanilla Netspend, and ACE Elite. BofI services savings...
by Ketawa
Tue Jul 07, 2015 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 228
Views: 157764

Re: Mango prepaid card - 4.8% (effective) APY

2. You can only have 5 total Netspend products per SSN, and only 3 per SSN at each bank (BofI, Meta, etc.). Most people on FWF combine vanilla Netspend, Brinks, ACE, and Western Union, and then add either HEB or Purpose to that. Just to clarify, I could have three accounts at regular NetSpend, and ...
by Ketawa
Tue Jul 07, 2015 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 228
Views: 157764

Re: Mango prepaid card - 4.8% (effective) APY

About to open our 4th Netspend product. Easiest $1,000/year I have ever earned. Will end up with 6 or 7 of these by the time I drain them all for a down payment. If you're on the fence about leaving Mango for Netspend, just jump! Fewer hoops and no fees. Schedule auto-ACH push for a dollar a month ...
by Ketawa
Tue Jul 07, 2015 9:59 am
Forum: Personal Consumer Issues
Topic: Affordable sheets, 100% guarantee?
Replies: 17
Views: 1346

Re: Affordable sheets, 100% guarantee?

The Sweet Home recently updated their sheets review and still recommended L.L.Bean's percale sheets: http://thesweethome.com/reviews/best-sheets/ I bought some of these a few months ago and actually found them pretty rough. I also didn't like the color so I ended up returning them after a few weeks....
by Ketawa
Mon Jul 06, 2015 9:21 am
Forum: Personal Consumer Issues
Topic: SSD + HDD good option for upgrading desktop PC?
Replies: 47
Views: 4424

Re: SSD + HDD good option for upgrading desktop PC?

Can you go through the steps you took to install the SSD? I am trying to install the same one and am having issues. I put it in my case, connected a SATA cable and a power cable, and it just worked. I booted from my Windows 7 install discs and reformatted my original HDD, then installed Windows to ...
by Ketawa
Sun Jul 05, 2015 10:50 pm
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 26
Views: 1970

Re: Amish furniture maker recommendation

I bought my oak kitchen table and six chairs from Homestead Furniture. They were custom made to my specifications. The table is a 48" x 72" double pedestal with two 12" leafs. I think the quality is excellent, although I don't know anything about woodworking/carpentry. My dad recommen...
by Ketawa
Sun Jul 05, 2015 9:59 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 466
Views: 65932

Re: What are you up YTD? [Year To Date]

3.7% YTD, 7.5% annualized, calculated using XIRR.
by Ketawa
Tue Jun 30, 2015 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity promotional offer for moving IRA
Replies: 7
Views: 917

Re: Fidelity promotional offer for moving IRA

I used to switch brokerages as quickly as possible for bonuses until I switched to AQR funds that had to be held at Fidelity. I have received bonuses at TD Ameritrade, E Trade, ShareBuilder, and Fidelity.
by Ketawa
Tue Jun 30, 2015 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity promotional offer for moving IRA
Replies: 7
Views: 917

Re: Fidelity promotional offer for moving IRA

The standard promotion for moving an IRA based on account size, not matching the IRA contribution, is probably better for most people. The bonuses are similar in size. It's better to have all the bonus up front and it also gives you the flexibility to move the IRA sooner if you want. https://rewards...
by Ketawa
Mon Jun 29, 2015 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 78
Views: 11147

Re: Lucent offering pension buyout to retirees: what to do?

I'd be interested in the best way to run the numbers on the cost of purchasing an annuity with similar provisions to an existing pension. That would allow a better comparison of the value of staying with the Lucent annuity vs. taking the lump sum that is offered, IMO. My example was specific to the...
by Ketawa
Mon Jun 29, 2015 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 78
Views: 11147

Re: Lucent offering pension buyout to retirees: what to do?

I don't know the specifics of this Lucent offer, but my personal opinion is that companies offer pension buyouts because it will save them money, on average. Why else would they make the offer? People have a behavioral bias in favor of large lump sums of money rather than annuities. Unless you have ...
by Ketawa
Mon Jun 29, 2015 10:11 am
Forum: Personal Consumer Issues
Topic: Smart phone data usage
Replies: 54
Views: 5622

Re: Smart phone data usage

I think the best deal is probably the 5 GB limit on bring your own phone devices on Straight Talk. I am a heavy smartphone user and I connect to Wi-Fi when possible. When I'm on the road, I can exceed 2 GB in one month. 5 GB is high enough that I never need to worry about being throttled, which is g...
by Ketawa
Thu Jun 25, 2015 10:48 am
Forum: Personal Consumer Issues
Topic: Annoying problem with Lollipop (new Android 5.1 OS)
Replies: 52
Views: 5679

Re: Annoying problem with Lollipop (new Android 5.1 OS)

Try the xda-developers forum for expert advice.

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