Search found 1124 matches

by Oicuryy
Tue Nov 21, 2017 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity - Time to Surrender ?
Replies: 17
Views: 648

Re: Variable Annuity - Time to Surrender ?

Tough choice. Take a sure $200k in payments spread over the next several years with the possibility of an additional amount after the $200k has been received. Or take a sure $200k in a lump sum now with the possibility of earning gains or losses over the next several years. Flip a coin. If you don't...
by Oicuryy
Sat Nov 18, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity Help - Parent's finances
Replies: 46
Views: 1788

Re: Variable Annuity Help - Parent's finances

I am interested in this post as well as the excellent summaries as we have an annuity that we are struggling with that is similar in some ways. If I take this summary one step further would this be correct? - you give them $100K at age 54 - 11 years later you are 65 - at 65 you can annuitize and th...
by Oicuryy
Fri Nov 17, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity Help - Parent's finances
Replies: 46
Views: 1788

Re: Variable Annuity Help - Parent's finances

I think this is the right prospectus. http://vpx.newriver.com/GetContract1.asp?clientid=nwvpx&fundid=63890A173 The minimum benefit base after ten years is about $170k; 100k + 10 * 7k. It would only go higher when the Contract Value goes above $170k on a contract anniversary. That is not likely to ha...
by Oicuryy
Thu Nov 16, 2017 3:09 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 55
Views: 4309

Re: Buying and Spending Bitcoin

How much coffee can you buy with 0.006531 BTC? How many euros would it take to buy that amount of coffee at a regular coffee shop?

Ron
by Oicuryy
Thu Nov 16, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity Help - Parent's finances
Replies: 46
Views: 1788

Re: Variable Annuity Help - Parent's finances

"Lifetime Withdrawl Percentages if Spousal Continuation Benefit is not Elected:" - I dont think spousal continuation was elected as I dont see that language in the policy summary: 45 up to 59.5 - 3% 59.5 through 64 - 4% 65 through 80 - 5% 81 and older - 6% Double check that. The phrase "Lifetime In...
by Oicuryy
Sun Nov 12, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin: Significance of 12 transactions per second?
Replies: 28
Views: 2903

Re: Bitcoin: Significance of 12 transactions per second?

Poster grayfox went on a five page discovery of Bitcoin. Here is where he discovered the capacity problem.

viewtopic.php?p=3504009#p3504009

Ron
by Oicuryy
Sun Oct 29, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: How do I compute year to date returns?
Replies: 10
Views: 1124

Re: How do I compute year to date returns?

Correct. But what is the YTD return? Do you want the year-to-date amount of return or the year-to-date rate of return? The YTD amount of return is $11,000. It would not make much sense to express that amount as a percentage of either 100k or 105k for the reasons you give. Rate of return is usually ...
by Oicuryy
Sat Oct 28, 2017 6:59 pm
Forum: Investing - Theory, News & General
Topic: How do I compute year to date returns?
Replies: 10
Views: 1124

Re: How do I compute year to date returns?

In your example, "the amount of gains one has made to date since the beginning of the year" is (110000-100000)+(6000-5000) = $11,000.

Ron
by Oicuryy
Sun Oct 22, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: 100% Stocks?
Replies: 7
Views: 735

Re: 100% Stocks?

From Damodaran's data.

Image

Ron
by Oicuryy
Sun Sep 03, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 74
Views: 8424

Re: Xfinity Mobile

Comcast reportedly plans to offer BYOD by the end of the year.
http://www.fiercewireless.com/wireless/ ... er-remains

Ron
by Oicuryy
Tue Aug 22, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we consider cash flow from rentals but not our own homes?
Replies: 89
Views: 6180

Re: Why do we consider cash flow from rentals but not our own homes?

IMO, you should be charging yourself $2000 rent. That is what you would have to pay if you did not own the house. You have a real estate asset worth $290k. Your cash flow for this asset is $2000 rent as income and property taxes, insurance and maintenance as expenses. You have a debt of the amount o...
by Oicuryy
Sat Aug 19, 2017 6:53 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4085

Re: XIRR - Non-reinvested dividends

How many years are there in the 366 day period from 12/31/15 to 12/31/16? XIRR always uses 365 days as the length of a year. So XIRR calculates 366/365 = 1.0027397 years in that period. To annualize the 12.5333% gain over that period, XIRR calculates 1.125333^(1/1.0027397) -1 = 12.4970% annual rate ...
by Oicuryy
Sat Aug 19, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 238
Views: 29535

Re: What is Bitcoin?

Yup. And to take it back to gold: originally, gold was the ownership certificate! I tend to think of gold as a real thing, not an imaginary thing like bitcoin and dollars. No system of recording ownership is required. Possession of the actual gold is proof enough of ownership. The value of gold, li...
by Oicuryy
Sat Aug 19, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 238
Views: 29535

Re: What is Bitcoin?

The value of bitcoin, like the value of everything else, is determined by supply and demand. The supply of bitcoin is determined by the algorithm that creates it. The upper limit is 21 million. Currently there are about 16.5 million. The demand for bitcoin is determined by human nature. IMO, most of...
by Oicuryy
Sat Aug 19, 2017 12:37 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 6373

Re: Home Page Updated

LadyGeek wrote:
Sat Aug 19, 2017 11:57 am
Sorry, that was an oversight. It's fixed.
Thanks, but, um, I think you might have put it in the wrong place in the link. I'm pretty sure the #unread needs to be after all the parameters.

Ron
by Oicuryy
Sat Aug 19, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 238
Views: 29535

Re: What is Bitcoin?

They are a record of the transactions where you transferred the mink to the storage company and the gold to the bank. The records are distributed because each person holds his own claim checks.

Ron
by Oicuryy
Sat Aug 19, 2017 10:39 am
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 6373

Re: Home Page Updated

When a thread has a new post since I last read it, the title no longer goes back to blue. Is it by design? Yes, that feature was also in the previous home page. Actually your browser is doing the work. It knows (via a slight change in the URL) that the link has changed and modifies the color accord...
by Oicuryy
Sat Aug 19, 2017 10:06 am
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 238
Views: 29535

Re: What is Bitcoin?

grayfox wrote:
Fri Aug 18, 2017 9:38 pm
:!: Did anyone else not know that is a Transaction Ledger. I did not know that.
Did you also not know that those green pieces of paper in your wallet, the ones with the pictures of dead presidents on them, are part of a distributed transaction ledger?

Ron
by Oicuryy
Fri Aug 18, 2017 10:40 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4085

Re: XIRR - Non-reinvested dividends

Esoteric alert! :wink: This post concerns only the effect of leap years on calculating annual return. It will interest few people. Well, I'm interested in how rates of return are calculated. To my mind, an investment that takes 366 days to grow 10% is growing at a slower rate than one that only tak...
by Oicuryy
Thu Aug 17, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4085

Re: XIRR - Non-reinvested dividends

(To see the math expressions below in math notation you can install the bookmarklet presented here in your browser and then run it on this page.) Let `f_0,f_1,f_2,...f_n` be a series of cash flows for an investment. Think of `f_0` as the beginning balance and `f_n` as the ending balance. Let `r_1,r_...
by Oicuryy
Wed Aug 16, 2017 6:19 pm
Forum: Investing - Theory, News & General
Topic: XIRR - Non-reinvested dividends
Replies: 43
Views: 4085

Re: XIRR - Non-reinvested dividends

Whoa! This is just wrong. "Total Annualized Return" is the "Internal Rate of Return". And further their value depends only on the cash flows, not on the formula or functions used to compute them. The time-weighted rate of return and the dollar-weighted rate of return can be different. Mutual funds ...
by Oicuryy
Mon Aug 14, 2017 11:43 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 62219

Re: Forum software upgrade bug reports and change requests

Peculiar_Investor wrote:
Mon Aug 14, 2017 7:26 am
Actually behind the scenes phpBB 3.2 introduced an all new BBCode engine powered by the s9e/TextFormatter library.
Who decided which bbcodes to use from that library? Did phpBB decide or did Bogleheads? Why was [table] not included?

Ron
by Oicuryy
Sun Aug 13, 2017 8:59 pm
Forum: Forum Issues and Administration
Topic: Incorrect Apple Touch Icons
Replies: 7
Views: 1750

Re: Incorrect Apple Touch Icons

Does anyone with an iPad or Macbook see the Bogleheads logo? I see it on an ipad. I clicked on the old apple icon then created a new shortcut. Both the old and the new shortcut got the Bogleheads logo icon. Not sure if I needed to create the new shortcut or if clicking on the old one would have bee...
by Oicuryy
Sun Aug 13, 2017 2:01 pm
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 62219

Re: Forum software upgrade bug reports and change requests

Mudpuppy wrote:
Sun Aug 13, 2017 1:35 pm
I wonder if BBCode supports passing through all of the list style options: https://www.w3schools.com/cssref/pr_list-style-type.asp
It looks like phpbb's implementation of bbcode does.
  1. one
  2. two
  3. three
Ron
by Oicuryy
Sun Aug 13, 2017 11:46 am
Forum: Forum Issues and Administration
Topic: Forum software upgrade bug reports and change requests
Replies: 427
Views: 62219

Re: Forum software upgrade bug reports and change requests

bertilak wrote:
Sat Aug 12, 2017 9:18 pm
Perhaps there is another trick to get simple indents.
This code

Code: Select all

[list=none]
[*]Red
[*]Blue
[*]Yellow
[/list]
Gives this result
  • Red
  • Blue
  • Yellow
Ron
by Oicuryy
Sun Aug 13, 2017 12:04 am
Forum: Forum Issues and Administration
Topic: Please Try Out Test Posts Here
Replies: 200
Views: 163696

Re: Please Try Out Test Posts Here

Do emoji 😉 resize with the font?
Do emoji 😉 resize with the font?
Do emoji 😉 resize with the font?
by Oicuryy
Sun Aug 06, 2017 11:10 am
Forum: Investing - Theory, News & General
Topic: New Wiki page: the Telltale Chart => feedback?
Replies: 57
Views: 4051

Re: New Wiki page: the Telltale Chart => feedback?

Should the Verb Tense Pledge be applied to the description of Figure 2?

Should "REITs grew roughly twice as fast" be changed to "REITs grew roughly twice as much"? Relative speed is shown by the steepness of the line.

Ron
by Oicuryy
Sat Jul 08, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3251

Re: Why Doesn't My 401(k) Pay Dividends?

It is because of the convoluted U.S. tax laws. Mutual funds are subject to U.S. corporate income tax. But a loophole allows funds to avoid income tax if they distribute substantially all of their income to their shareholders each year. So they do. The dividends and interest the funds receive from th...
by Oicuryy
Fri Jul 07, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: What is this cable device?
Replies: 53
Views: 3627

Re: What is this cable device?

They are the power supply and power inserter shown in this video. The amplifier is at the other end of the cable in the wall.
http://www.ppc-online.com/5-and-9-port- ... 1w8yqivolv

Ron
by Oicuryy
Thu Jul 06, 2017 4:27 pm
Forum: Investing - Theory, News & General
Topic: Dividend Misunderstandings & Only Spend Return
Replies: 282
Views: 17147

Re: Dividend Misunderstandings & Only Spend Return

Remember Barry Barnitz' essay on Jane Austen's Economics? https://docs.google.com/document/d/1FCpDsPblW9Xd6I2ctPrO_u_iLRMqSH1CL1jaQ1gtMFA/pub The idea that "capital" should never be spent, only the "income" from that capital should be spent, dates back at least that far. In our age of discount broke...
by Oicuryy
Sat Jul 01, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Date 2015 vs Managed Payout - Is this a dumb question?
Replies: 10
Views: 2015

Re: Vanguard Target Date 2015 vs Managed Payout - Is this a dumb question?

What has the actual payout been? It's been around since May 2008, so what was the payout during the crash? By my calculations, here is how the payout changed from the previous year. 2009 -16.1% 2010 -9.3% 2011 +2.1% 2012 +1.9% 2013 +6.8% 2014 -16.9% 2015 +6.3% 2016 +4.3% 2017 +1.2% Vanguard did not...
by Oicuryy
Sat Jun 17, 2017 4:50 pm
Forum: Investing - Theory, News & General
Topic: How Does Fed Reduce Balance Sheet?
Replies: 24
Views: 3003

Re: How Does Fed Reduce Balance Sheet?

I drew this graph a few years ago to see if I could see any effect of the big increase in the monetary base (QE), the dark green line, on some other economic measures.
Image
https://fred.stlouisfed.org/graph/?g=e89i

Ron
by Oicuryy
Sat Jun 17, 2017 4:21 pm
Forum: Investing - Theory, News & General
Topic: [Wiki] - Percentage Gain and Loss (for new investors)
Replies: 115
Views: 8043

Re: [Wiki] - Percentage Gain and Loss (for new investors)

LadyGeek wrote:How's it look? Do we have a consensus?
:thumbsup
livesoft wrote:My fund tripled in value in one year, what was its performance?
A gain of 109.86 cNp.

Ron
by Oicuryy
Sat Jun 17, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: [Wiki] - Percentage Gain and Loss (for new investors)
Replies: 115
Views: 8043

Re: [Wiki] - Percentage Gain and Loss (for new investors)

Consider adding a sentence to the first paragraph. When an investment changes value, the dollar amount needed to return to its initial (starting) value is the same as the dollar amount of the change - but opposite in sign. Expressed as a Percentage gain and loss, the percentage gained will be differ...
by Oicuryy
Fri Jun 16, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 19107

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

but I'm also interested in the theoretical quation of what drives yields on Money Market versus online savings. These days the Fed offers to borrow overnight from money market funds at an interest rate equal to the low end of their target range for the federal funds rate. Anyone else who wants to b...
by Oicuryy
Fri Jun 16, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Volatility and Arithmetic mean returns
Replies: 4
Views: 475

Re: Volatility and Arithmetic mean returns

Using excel I get: 1.055230398 =AVERAGE(23/24,26/23,28/26) 1.0527266 =GEOMEAN(23/24,26/23,28/26) 0.005171771 =VARP(23/24,26/23,28/26) 0.071915026 =STDEVP(23/24,26/23,28/26) If you are looking for the (approximate) relationship between arithmetic mean, geometric mean and standard deviation see http:/...
by Oicuryy
Fri Jun 16, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: [Wiki] - Percentage Gain and Loss (for new investors)
Replies: 115
Views: 8043

Re: [Wiki] - Percentage Gain and Loss (for new investors)

Some entries in the table are wrong, too. If you lose 60%, then you need to gain 250%. (Losing 60% is the same as keeping 40%, so you need to more than double before you have the original amount.) (a/b)*(b/a)=1 If a/b = 0.4 then b/a = 2.5 To convert the ratio a/b to percentage subtract 1 then multi...
by Oicuryy
Fri Jun 16, 2017 12:33 am
Forum: Investing - Theory, News & General
Topic: [Wiki] - Percentage Gain and Loss (for new investors)
Replies: 115
Views: 8043

Re: [Wiki] - Percentage Gain and Loss (for new investors)

Here is the math.

(a/b)*(b/a) = 1

Now the wiki page just needs to explain how knowing this can help one be a better investor.

Ron
by Oicuryy
Fri Jun 16, 2017 12:21 am
Forum: Investing - Theory, News & General
Topic: How Does Fed Reduce Balance Sheet?
Replies: 24
Views: 3003

Re: How Does Fed Reduce Balance Sheet?

When the Fed redeems a maturing bond that bond is removed from the asset side of its balance sheet. The Fed then uncreates the money it received from the maturing bond. That money became a liability of the Fed when the Fed created it. Uncreating it removes it from the liability side of the balance s...
by Oicuryy
Mon Jun 12, 2017 10:26 pm
Forum: Investing - Theory, News & General
Topic: [Wiki] - Percentage Gain and Loss (for new investors)
Replies: 115
Views: 8043

Re: [Wiki] - Percentage Gain and Loss (for new investors)

When the market takes a large negative swing, recovery will take a longer time because the market needs a larger percentage increase to get back to the same point.
Are you sure about that?

Ron
by Oicuryy
Sun Jun 11, 2017 9:12 pm
Forum: Forum Issues and Administration
Topic: Longest conversation thread?
Replies: 6
Views: 1348

Re: Longest conversation thread?

Go to this page, scroll to the bottom and sort by number of replies.

viewforum.php?f=10

Ron
by Oicuryy
Sat Jun 10, 2017 10:01 am
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 8306

Re: Is Inflation Dying of Old Age?

Simplegift wrote:Image
What is the equation for that line?
Simplegift wrote:Source: Census Bureau
Using the equation for that line and the data in Table B-3 from that link what will the inflation rates be for those forty countries in 2050?

Ron
by Oicuryy
Sat Jun 10, 2017 9:03 am
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 8306

Re: Is Inflation Dying of Old Age?

Any correlation between inflation and population age is just coincidence. The high inflation of the 1970s was caused by the monetary policy of the time. See https://www.richmondfed.org/publications/research/economic_quarterly/1998/winter/hetzel Monetary policy changed in the early 1980's and inflati...
by Oicuryy
Tue Jun 06, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: My Variable Annuity [what do I have?]
Replies: 39
Views: 3882

Re: My Variable Annuity [what do I have?]

I think this is the prospectus for the OP's variable annuity. https://www.sec.gov/Archives/edgar/data/931779/000119312517141738/d307493d485bpos.txt If it is and if I'm reading it right the Income Base keeps increasing 6% per year until age 85. The GMIB Plus I Income Base is calculated as described a...
by Oicuryy
Sun Jun 04, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: My Variable Annuity [what do I have?]
Replies: 39
Views: 3882

Re: My Variable Annuity [what do I have?]

(Note: I wrote the following before noticing that the opening post is a year old.) The Predictor Plus rider is a guaranteed minimum income benefit (GMIB) rider. The rider guarantees you a predetermined monthly annuity payment amount when you begin receiving annuity payments. The payment is calculate...
by Oicuryy
Sat Jun 03, 2017 12:41 am
Forum: Investing - Theory, News & General
Topic: Fixing Yahoo Finance Macro - HELP
Replies: 10
Views: 1529

Re: Fixing Yahoo Finance Macro - HELP

This querytable worked for me in excel 2003 on windows 7. Sub yahoohistory() With ActiveSheet.QueryTables.Add("URL;", Range("A1")) .Connection = "URL;" & "https://query1.finance.yahoo.com/v7/finance/download/IBM?period1=1493782307&period2=1496460707&interval=1d&events=history" .BackgroundQuery = Fal...
by Oicuryy
Fri Jun 02, 2017 11:47 pm
Forum: Investing - Theory, News & General
Topic: Fixing Yahoo Finance Macro - HELP
Replies: 10
Views: 1529

Re: Fixing Yahoo Finance Macro - HELP

The crumb does seem to be needed. But the post by kloc in this thread suggests that the crumb is not necessary if the url is sent with an http post request instead of a get request.

http://www.nuclearphynance.com/Show%20P ... Key=184566

Ron