Search found 555 matches

by kayanco
Wed Jan 03, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10389

Re: Do you meditate?

Are you saying meditation is a hype? Yes, that's the view I came to when I looked/read closely --- in regards to "meditation" as it's presented to a Western audience, and all the purported health claim using neuroscience research. If you are interested and have the time, I would recommend researchi...
by kayanco
Wed Jan 03, 2018 1:02 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10389

Re: Do you meditate?

Are you saying meditation is a hype? Yes, that's the view I came to when I looked/read closely --- in regards to "meditation" as it's presented to a Western audience, and all the purported health claim using neuroscience research. If you are interested and have the time, I would recommend researchi...
by kayanco
Tue Jan 02, 2018 4:44 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10389

Re: Do you meditate?

. . . . . understanding of the mainstream meditation around you these days. Thanks for posting the links. Interesting fellow, Coyne. I feel greatly indebted to him. I was fooled by all the "research" around mediation, almost portraying it as a panacea for stress, cholesterol, immunity, cancer, anyt...
by kayanco
Sat Dec 30, 2017 12:05 am
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7837

Re: What the experts say about Bitcoins?

Nate79 wrote:
Fri Dec 29, 2017 1:10 am
kayanco wrote:
Thu Dec 28, 2017 10:36 pm
Personally I'd trust what Nassim Taleb says about Bitcoin.
He called it a bubble in a recent tweet.
I too was looking for his comments. He used the word "bubble" (in quotes). I couldn't tell what exactly he meant.
by kayanco
Fri Dec 29, 2017 11:59 pm
Forum: Investing - Theory, News & General
Topic: Please explain how Futures work [BTC]
Replies: 14
Views: 1646

Re: Please explain how Futures work [BTC]

Let's say someone bought Bitcoin, now what can they do with the Futures to hedge. But it's sounding like you'd need to be able to predict the future price movement. If someone thinks price will increase, they might as well buy BTC itself, right? So the futures seem to be only useful if someone thin...
by kayanco
Fri Dec 29, 2017 12:10 am
Forum: Investing - Theory, News & General
Topic: Please explain how Futures work [BTC]
Replies: 14
Views: 1646

Re: Please explain how Futures work [BTC]

Thank you for the detailed explanations. What knowledgeable people here ! :)
by kayanco
Thu Dec 28, 2017 10:36 pm
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7837

Re: What the experts say about Bitcoins?

Personally I'd trust what Nassim Taleb says about Bitcoin.
by kayanco
Wed Dec 27, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: Please explain how Futures work [BTC]
Replies: 14
Views: 1646

Re: Please explain how Futures work [BTC]

Stay far far away from these products. The markets have not developed enough liquidity to be useful. The BTCH18 ( March 2018) contract traded all of 43 lots so far today. This compares to 234,677 lots traded today on the e-mini SP. That CME contract is for 5 bitcoins or 5X$15,920 =$79,600. So, if b...
by kayanco
Wed Dec 27, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: Please explain how Futures work [BTC]
Replies: 14
Views: 1646

Re: Please explain how Futures work [BTC]

Are you asking about (1) how futures work in general, (2) how these specific bitcoin futures contracts are structured, or (3) how bitcoin futures will specifically work and how the market will react? (1) you can kind of read on your own, but let me give you the very basics. Futures are standardized...
by kayanco
Tue Dec 26, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: Please explain how Futures work [BTC]
Replies: 14
Views: 1646

Please explain how Futures work [BTC]

Hi,

I was reading about the launch of Futures for Bitcoin, symbols XBT (Cobe) and BTC (CME).

Can someone please explain with some example how these would be used?

I'm reading that these can be used to hedge? Any examples of what that would look like or how it would work?

Thanks.
by kayanco
Fri Dec 22, 2017 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

You can buy a $100-$150K property in Oklahoma City with no or a small mortgage and come out close to $400-$500 per month. I can only imagine many other cities in the Midwest have similar properties available. Are there any resources/websites that enable buying and managing homes in other states? I'...
by kayanco
Fri Dec 22, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

I think your margin here is too low for it to be all that lucrative, but only you can decide how much your time is worth. My initial impression is that $100 is too low for estimated maintenance. You could easily spend $100 on cleaning supplies just to turn over the unit, much less any serious (or e...
by kayanco
Thu Dec 21, 2017 10:52 pm
Forum: Personal Consumer Issues
Topic: Fee outgoing wire?
Replies: 8
Views: 590

Fee outgoing wire?

Hi,

Are there any banks offering free outgoing domestic (or international) wire transfers?

Thanks.
by kayanco
Thu Dec 21, 2017 1:06 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 8526

Re: Interesting ride so far - Crypto-curriencies

Interesting ride for sure. I'm holding Bitcoin, Bitcoin Gold, Ethereum and Litecoin. Like you, I am up a LOT from my initial position and a LOT when compared to my other investments (mostly VTSAX, VTIAX, VBTLX, AAPL). However, I am not delusional about it. Do I wish I would have cashed out of every...
by kayanco
Thu Dec 21, 2017 1:04 am
Forum: Investing - Help with Personal Investments
Topic: How invest Bitcoin Gold/Cash using ACH
Replies: 24
Views: 2245

Re: How invest Bitcoin Gold/Cash using ACH

Bitcoin Cash (BCH) is now available on Coinbase/GDAX.

Does someone know how to buy Bitcoin Gold (BTG) using USD ACH?

Thanks.
by kayanco
Wed Dec 20, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

I'm looking for some guidance and feedback please. Goal: Is it possible to invest $50-100K and generate a small stable income of $400-500 for an expat? After some discussions, I'm told that using that amount as downpayment for a 250K rental home can do that. Location for buying the home is Round Ro...
by kayanco
Wed Dec 20, 2017 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

It's a lifestyle change so I'd really consider whether RE is worth it to you. All that work/risk for $x...will it be worth it. And I'd try a safer monthly rent/ total price ratio of 1%. Otherwise you're potentially paying to be a landlord which is not a great feeling when you're dealing with drugs,...
by kayanco
Sun Dec 17, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: How invest Bitcoin Gold/Cash using ACH
Replies: 24
Views: 2245

Re: How invest Bitcoin Gold/Cash using ACH

Hi, Does anyone know how to buy Bitcoin Gold (BTG) and Bitcoin Cash (BCH) using ACH from US bank? I found two US based exchanges GDAX (Coinbase) and Gemini, and they let you buy Bitcoin (BTC) and Ethereum (ETH) using ACH. But not BTG and BCH. Thank you. I have used Poloniex and Kraken but I do not ...
by kayanco
Sat Dec 16, 2017 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

Cashing out 5% of portfolio value annually should last forever and keep up with inflation. What portfolio is this? 100% Total US stock? or some combination of Total US and Total World? Thanks. The 50 year history data I quoted is SP500, but my own gut feeling is that the US has had a tremendous run...
by kayanco
Sat Dec 16, 2017 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: How invest Bitcoin Gold/Cash using ACH
Replies: 24
Views: 2245

How invest Bitcoin Gold/Cash using ACH

Hi,

Does anyone know how to buy Bitcoin Gold (BTG) and Bitcoin Cash (BCH) using ACH from US bank?

I found two US based exchanges GDAX (Coinbase) and Gemini, and they let you buy Bitcoin (BTC) and Ethereum (ETH) using ACH. But not BTG and BCH.

Thank you.
by kayanco
Sat Dec 16, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

I have not invested in rentals but have researched it a bit...as others pointed out you need a higher rent/purchase price ratio for this to make sense ....11-12x$1,600/$250K doesn't seem to be sufficient to "generate small income". The bigger pay-off usually comes from greater than average apprecia...
by kayanco
Sat Dec 16, 2017 1:59 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

msk wrote:
Sat Dec 16, 2017 1:52 am
Cashing out 5% of portfolio value annually should last forever and keep up with inflation.
What portfolio is this? 100% Total US stock? or some combination of Total US and Total World?

Thanks.
by kayanco
Fri Dec 15, 2017 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

No, this won’t work. Once you figure in a realistic property tax rate (Texas has some of the highest property taxes in the country), realistic vacancy rate, and realistic maintenance costs, you *might* be breaking even. In any case, rental income is lumpy. Some months you get income. Some months, a...
by kayanco
Fri Dec 15, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

Your loan rate is too low. Try I rates @4.8-5.0+% for rentals. US citizen, resident. Assets to purchase if need be. 40% down. Ymmv Can someone explain this please? Is the mortgage interest rate higher for a rental home vs. occupying the home yourself? I'm seeing rates like 3.8 for Round Rock. But I...
by kayanco
Fri Dec 15, 2017 2:33 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

Your loan rate is too low. Try I rates @4.8-5.0+% for rentals. US citizen, resident. Assets to purchase if need be. 40% down. Ymmv I did not follow at all. Can you please explain a little? What is "I rates @4.8-5.0+%" ? One rule of thumb is that expenses will eat up 45% of your rents, before the mo...
by kayanco
Fri Dec 15, 2017 2:23 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

No, this won’t work. Once you figure in a realistic property tax rate (Texas has some of the highest property taxes in the country), realistic vacancy rate, and realistic maintenance costs, you *might* be breaking even. In any case, rental income is lumpy. Some months you get income. Some months, a...
by kayanco
Fri Dec 15, 2017 2:17 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

I just looked here: http://www.realestateinaustin.com/williamson-county-property-tax-rates-alphabetical/ Round Rock, City of 0.430000 Round Rock ISD 1.304800 I'm sure you are right, but that's what the link is reporting. Maybe I'm looking at the wrong place? That would suggest a 1.73% property tax ...
by kayanco
Fri Dec 15, 2017 2:11 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

You think a $250,000 house in Round Rock, TX is only going to be paying $200 a month in property taxes? $250,000 House #1 : $5,082 a year in taxes. $250,000 House #2 : $4,755 a year in taxes. $250,000 House #3 : $4,557 a year in taxes. I checked with realtor, he said Round Rock rate is 2.30%. You g...
by kayanco
Thu Dec 14, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

You think a $250,000 house in Round Rock, TX is only going to be paying $200 a month in property taxes? $250,000 House #1 : $5,082 a year in taxes. $250,000 House #2 : $4,755 a year in taxes. $250,000 House #3 : $4,557 a year in taxes. No I don't think that. I just posted what the calculator gave m...
by kayanco
Thu Dec 14, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

But I'm not at all familiar with these type of calculations, so I'm hoping someone with actual experience/knowledge can comment. Look at the property tax as a % of house value in TX. For 250K house and a reasonable minimum of 4% property taxes, you are looking at $10K. Divide that by 12 months and ...
by kayanco
Thu Dec 14, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

You think a $250,000 house in Round Rock, TX is only going to be paying $200 a month in property taxes? $250,000 House #1 : $5,082 a year in taxes. $250,000 House #2 : $4,755 a year in taxes. $250,000 House #3 : $4,557 a year in taxes. No I don't think that. I just posted what the calculator gave m...
by kayanco
Thu Dec 14, 2017 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Re: Can rental home generate small income?

Does that total payment figure include property tax and the cost of insurance? If not, your margin is definitely too low on this hypothetical house. The calculator I linked to is including $200 taxes, $67 insurance. https://i.imgur.com/X8GSEfY.png But I'm not at all familiar with these type of calc...
by kayanco
Thu Dec 14, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 56
Views: 4163

Can rental home generate small income?

I'm looking for some guidance and feedback please. Goal: Is it possible to invest $50-100K and generate a small stable income of $400-500 for an expat? After some discussions, I'm told that using that amount as downpayment for a 250K rental home can do that. Location for buying the home is Round Roc...
by kayanco
Mon Dec 04, 2017 8:27 pm
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

So is this really a "credit union thing" and, if so, why? On the phone the fraud manager told me that they look at fraud data. And for these 4 countries there was a lot of fraud going on. Other than that I also found that there are some countries that are restricted by our gov. Like North Korea, Su...
by kayanco
Mon Dec 04, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

Update:

After discussing in detail with a fraud manager, they reviewed the block, and decided to unblock UAE for ALL their card holders :)
I guess I might have just helped a whole lot of people :p

This card has only three other remaining blocks: India, Ghana, Kenya
by kayanco
Sun Dec 03, 2017 5:43 pm
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

So I guess this is basically a hopeless case, in terms of doing something to have the card work. Probably. But did you try at other ATMs around Abu Dhabi? Ya never know. I wasn't at an ATM actually. It was just a $3.50 snack at a food counter. I requested the cashier to run the card again, same thi...
by kayanco
Sun Dec 03, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

So I guess this is basically a hopeless case, in terms of doing something to have the card work.
by kayanco
Sun Dec 03, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

I'm dubious about the customer service rep's answer, unless it's a Visa issued by a credit union (as Nisiprius has revealed). Were you using a credit union Visa? Did you try a different Visa card? Was this at an ATM? If so did you try a different $$ amount? Mastercard from a credit union (RBFCU). I...
by kayanco
Sun Dec 03, 2017 6:14 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

A random google turns up one bank's listed of blocked countries: https://www.alabamacu.com/FAQs/ID-Theft-Protection/Blocked-Countries-for-MasterCard-Transactions. Quite the list. Might be easier if Alabama CU listed the handful of countries where its card is accepted. Or got out of the c/c business...
by kayanco
Sun Dec 03, 2017 5:17 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

A random google turns up one bank's listed of blocked countries: https://www.alabamacu.com/FAQs/ID-Theft-Protection/Blocked-Countries-for-MasterCard-Transactions. I don't know what kind of cards they issue, but blocking a chip-and-pin card for in-person transaction just don't makes sense. I'm not a...
by kayanco
Sun Dec 03, 2017 5:13 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Re: Card declined - blocked country

That said, since you specifically told them you'd be traveling to the UAE, I understand why you're miffed that they didn't at least reach out and say, "Oh, hey, by the way, even though you sent in this form, your card still won't work in the UAE." And even when I asked if they have a list with othe...
by kayanco
Sun Dec 03, 2017 4:42 am
Forum: Personal Consumer Issues
Topic: Card declined - blocked country
Replies: 49
Views: 3277

Card declined - blocked country

Hi guys, Wondering if someone can help with this: My chip credit card got declined at Abu Dhabi airport (United Arab Emirates) and the receipt says: "100 Do not Honour" I had set a travel notification before hand and specifically listed UAE as the country. This was on a Randolph-Brooks credit union ...
by kayanco
Sat Nov 25, 2017 10:31 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10389

Re: Do you meditate?

. . . . . understanding of the mainstream meditation around you these days. Thanks for posting the links. Interesting fellow, Coyne. I feel greatly indebted to him. I was fooled by all the "research" around mediation, almost portraying it as a panacea for stress, cholesterol, immunity, cancer, anyt...
by kayanco
Sat Nov 25, 2017 5:37 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10389

Re: Do you meditate?

. . . . . understanding of the mainstream meditation around you these days. Thanks for posting the links. Interesting fellow, Coyne. I feel greatly indebted to him. I was fooled by all the "research" around mediation, almost portraying it as a panacea for stress, cholesterol, immunity, cancer, anyt...
by kayanco
Sat Nov 25, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10389

Re: Do you meditate?

Here is an article in Newsweek that I recently read. Short summary: effects of meditation are exaggerated. Interesting. Thanks for the link. From the article : ... the well-designed studies that have been done on meditation showed that the practice was only moderately effective , at best, for treat...
by kayanco
Sat Nov 25, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 131
Views: 10389

Re: Do you meditate?

My wife and I recently attended a conference titled, "The Heart and Science of Yoga," done by Leonard Perlmutter and the American Meditation Institute. During the week, we were introduced to the practice and science behind meditation, easy and gentle yoga, healthy and mindful eating, etc. The cours...
by kayanco
Fri Nov 24, 2017 11:45 pm
Forum: Personal Consumer Issues
Topic: Galaxy S7 from ebay?
Replies: 11
Views: 1057

Galaxy S7 from ebay?

I'm looking for a brand new Galaxy S7 to use with T-mobile and internationally. T-mobile is selling it for $480, while ebay has it for around $340. Is it safe to buy an expensive phone from ebay? If it's listed as "new", is it really brand new? I mean what prevents a seller from listing a slightly u...
by kayanco
Fri Nov 24, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Deliberate Dumbing Down of America [book]
Replies: 7
Views: 1174

Re: Deliberate Dumbing Down of America [book]

AlohaJoe wrote:
Fri Nov 24, 2017 9:36 pm
I didn't find the author reliable or the book well reasoned.
Thanks.

Can you say in what way please? What makes you say that?

Thank you.
by kayanco
Fri Nov 24, 2017 9:17 pm
Forum: Personal Consumer Issues
Topic: Deliberate Dumbing Down of America [book]
Replies: 7
Views: 1174

Deliberate Dumbing Down of America [book]

Hi,

For anyone who has read or researched the book "The Deliberate Dumbing Down of America" by Charlotte Thomson Iserbyt, can you please share your comments on it?

Is the author/book reliable, well-reasoned?

Thanks.
by kayanco
Mon Nov 20, 2017 3:29 pm
Forum: Personal Consumer Issues
Topic: Do you record customer service interactions?
Replies: 23
Views: 1286

Re: Do you record customer service interactions?

Let me expand the scope a little: Does anyone keep track of or take notes after personal conversations? Not in any negative sense or to put down anyone (e.g. on such date you said you'd do x, now you are not doing it). I don't think anything good could come out of that. But in some positive sense, m...