Search found 1329 matches

by patrick
Sat Dec 03, 2016 2:36 pm
Forum: Personal Consumer Issues
Topic: 32 GB or 128GB storage for a new smartphone?
Replies: 28
Views: 1849

Re: 32 GB or 128GB storage for a new smartphone?

A quick search on Newegg finds 128GB SD cards for only $34.99 --- it seems a bit excessive to charge $100 more to upgrade the internal storage to that level. Too bad that so many recent phones have removed the SD card slot!
by patrick
Fri Dec 02, 2016 8:36 pm
Forum: Investing - Theory, News & General
Topic: PSA - Bonds are on sale!
Replies: 5
Views: 1155

Re: PSA - Bonds are on sale!

Although bonds prices have gone down a little (= yields up a little), note that bond yields are still extremely low by historical standards. Which doesn't necessarily mean that yields will rise further (= prices down further), but if they don't, then long term bond returns will be poor since you'll ...
by patrick
Fri Dec 02, 2016 8:33 pm
Forum: Personal Consumer Issues
Topic: CBP (INS) Global Entry program worth it?
Replies: 24
Views: 1065

Re: CBP (INS) Global Entry program worth it?

It may not save as much time as you expect -- getting through the immigration check faster may just mean more time standing around waiting at baggage claim.
by patrick
Wed Nov 30, 2016 7:41 pm
Forum: Personal Consumer Issues
Topic: Naive question about laptop repair
Replies: 13
Views: 1020

Re: Naive question about laptop repair

If it doesn't display anything at all, that suggests the problem is harder to fix than just installing a hard disk. While it might be a bad display, it could also be the motherboard -- either way is not good.
by patrick
Tue Nov 29, 2016 8:04 pm
Forum: Personal Consumer Issues
Topic: Credit Card bonuses
Replies: 19
Views: 2411

Re: Credit Card bonuses

Hijacking this thread a bit...I had the Chase preferred, used up all the bonus and recently cancelled it. Can I still sign up for the Chase Reserved? Will Chase honor? Typically in the terms and agreement, you need to wait 2 years before reapplying. But since it is a "different" card, doe...
by patrick
Tue Nov 29, 2016 7:39 pm
Forum: Personal Consumer Issues
Topic: Would I notice a difference between an i3-6100 and an i5-6200 processor?
Replies: 20
Views: 996

Re: Would I notice a difference between an i3-6100 and an i5-6200 processor?

Either one of these processors should be sufficient for just about all "normal" activities. If you are going to look at benchmarks, note whether the model number has a U (meaning the ultra low power version) at the end as the U version of the processor is slower (but still probably fast en...
by patrick
Mon Nov 28, 2016 5:12 pm
Forum: Investing - Theory, News & General
Topic: Commodities in your assets allocation
Replies: 22
Views: 964

Re: Commodities in your assets allocation

1) Decades ago, and I mean decades--referring to direct investment on the commodities exchange--Andrew Tobias, in The Only Investment Guide You Will Ever Need , wrote: It is a fact that 90% of all people who play the commodities game get burned. I submit that you have now read all you ever need to ...
by patrick
Sun Nov 27, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Composition of US National Debt
Replies: 28
Views: 2773

Re: Composition of US National Debt

Like a real household, it makes no sense to focus solely on debt and ignore assets. You may have a $500k mortgage on a $1 million house, it does not mean you are deeply in trouble.... I don't believe bulk of US debt is backed by any assets other than the good faith of the US government, no? So the ...
by patrick
Thu Nov 17, 2016 12:03 am
Forum: Personal Finance (Not Investing)
Topic: In total how much have you earned in credit card rewards?
Replies: 32
Views: 2434

Re: In total how much have you earned in credit card rewards?

$1143 since the beginning of 2014, using the lower bound estimate of points being worth their cash redemption value.
by patrick
Tue Nov 15, 2016 9:30 am
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 150
Views: 17179

Re: Chase Sapphire Reserve: Too good to be (completely) true

Should I take advantage of the CSR soon, before the end of the year to get the $300 travel credit? According to http://www.doctorofcredit.com/300-chase-sapphire-reserve-travel-credit-work-triggers/ the bonus is given based on the statement date, so purchases made late in December that end up on the...
by patrick
Mon Nov 14, 2016 10:06 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 150
Views: 17179

Re: Chase Sapphire Reserve: Too good to be (completely) true

Should I take advantage of the CSR soon, before the end of the year to get the $300 travel credit? According to http://www.doctorofcredit.com/300-chase-sapphire-reserve-travel-credit-work-triggers/ the bonus is given based on the statement date, so purchases made late in December that end up on the...
by patrick
Mon Nov 14, 2016 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 96
Views: 11631

Re: Chase Sapphire Reserve

does anyone have a general breakdown of chase UR vs. amex MR value. i'm not sure whether i should be using the sapphire reserve or amex prg for everyday and travel purchases. they're comparable in point redemption for the type of spending i do, but want to make sure i'm maximizing the rewards. than...
by patrick
Thu Nov 03, 2016 10:10 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 150
Views: 17179

Re: Chase Sapphire Reserve: Too good to be (completely) true

Actually, you don't always clear customs in Canada. I flew Porter from Toronto to Chicago and customs is cleared in Chicago. Were you using Global entry ? The pre-clearance might be only for known travelers - ie. Global entry members. Other travelers would clear customs upon landing in the US as us...
by patrick
Wed Nov 02, 2016 12:56 am
Forum: Investing - Help with Personal Investments
Topic: When should Cash supersede Bonds?
Replies: 16
Views: 2188

Re: When should Cash supersede Bonds?

While stable value is not FDIC insured but backed by an insurance company, I'm not aware of a SVF busting the buck even in the 2008 crisis. If I had access to a SVF yielding over 2.5%, I'd be all over it for my FI allocation in the current low rate environment. SVF losses have happened according to...
by patrick
Mon Oct 24, 2016 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Worth Keeping AMEX Gold Delta Skymiles CC?
Replies: 13
Views: 1001

Re: Worth Keeping AMEX Gold Delta Skymiles CC?

Have you had good results in redeeming Delta Skymiles in the past?
by patrick
Mon Oct 24, 2016 8:04 pm
Forum: Investing - Theory, News & General
Topic: A better measure of retirement security
Replies: 13
Views: 3046

Re: A better measure of retirement security

An important takeaway of the best measure of retirement security ... but rather long-term real bonds that are duration matched to your targeted stream of retirement income. BobK With LMP I'd say the real risk is failure to recognize the large size of future need. This can be due to longevity, infla...
by patrick
Mon Oct 24, 2016 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: 403b fees-what is reasonable?
Replies: 19
Views: 1559

Re: 403b fees-what is reasonable?

I think you may have missed the REIT fund -- it seems to actually be the lowest cost of the choices. I wouldn't suggest putting everything in there, but being the lowest cost choice may make it worth using for some of the money.
by patrick
Mon Oct 24, 2016 7:33 pm
Forum: Investing - Theory, News & General
Topic: How to Replicate a 3X ETF using 1x ETF Price Data in Excel?
Replies: 13
Views: 1011

Re: How to Replicate a 3X ETF using 1x ETF Price Data in Excel?

I think you actually have the formula right in terms of calculating what the 3X daily ETFs are designed to do. This may instead be a problem with trading costs inside the funds -- SPXL has a turnover of 254%.
by patrick
Fri Oct 21, 2016 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 96
Views: 11631

Re: Chase Sapphire Reserve

When I first heard about this card I had assumed that the main point was to brag that you were rich enough to pay a $450 annual fee. But after looking closer it seemed like a very good deal with at least $1000 signup bonus so I applied for it. I was initially given the "wait 7-10 days" res...
by patrick
Fri Oct 21, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: How Should I Invest My Annuity?
Replies: 9
Views: 937

Re: How Should I Invest My Annuity?

Hmm ... what is being guaranteed at 5.5%
by patrick
Thu Oct 20, 2016 9:53 pm
Forum: Investing - Theory, News & General
Topic: How the Internet Destroyed Actively Managed Funds
Replies: 24
Views: 2567

Re: How the Internet Destroyed Actively Managed Funds

...Vanguard certainly A winner but there are others with even lower costs, and in some cases better products, more complex though... Please give us some specific examples of pairs of comparable funds, Vanguard and a rival, in which the rival has a better product with lower costs. I can think of exa...
by patrick
Sun Oct 16, 2016 10:01 pm
Forum: Investing - Theory, News & General
Topic: So LT bonds haven't been so bad after all
Replies: 26
Views: 2317

Re: So LT bonds haven't been so bad after all

Hindsight bias and recency bias. Both term risk and credit risk have been rewarded in recent years, but the next 5-15 years is unlikely to resemble the last 5-15 years. Just look at the SEC yields of those funds at the beginnings of these past periods and compare them to now. Kevin The current yiel...
by patrick
Sun Oct 16, 2016 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Money Market Fund regulation changes...what are people doing?
Replies: 12
Views: 1597

Re: Muni Money Market Fund regulation changes...what are people doing?

Ervin wrote:
patrick wrote:I'm sticking with an FDIC-insured bank account yielding 1.25% for my excess cash.

Which one?


All American Bank - Mega Money Market

(Not the same as a money market fund in spite of the name)
by patrick
Sun Oct 16, 2016 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Money Market Fund regulation changes...what are people doing?
Replies: 12
Views: 1597

Re: Muni Money Market Fund regulation changes...what are people doing?

I'm sticking with an FDIC-insured bank account yielding 1.25% for my excess cash.
by patrick
Sun Oct 16, 2016 7:07 pm
Forum: Investing - Theory, News & General
Topic: International Equities
Replies: 5
Views: 1035

Re: International Equities

I didn't place any trades to increase international equity exposure. However, it just happens that on Friday my international equities increased in value while the rest of my portfolio decreased in value. As a result my international equity exposure managed to increase on its own without any action ...
by patrick
Mon Oct 10, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Smart Phone Just Died, Suggestions?
Replies: 15
Views: 2003

Re: SMART PHONE JUST DIED, SUGGESTIONS?

When the charger is plugged in the phone should work even if the battery has been removed.
by patrick
Sat Oct 08, 2016 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Got myself into some trouble.. [Use emergency fund for credit card debt?]
Replies: 48
Views: 6465

Re: Got myself into some trouble.. [Use emergency fund for credit card debt?]

Only on bogleheads do people consider having "only" 5K in the bank a serious problem.
by patrick
Sat Oct 08, 2016 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Help w/o Good Bond Choice
Replies: 11
Views: 887

Re: Allocation Help w/o Good Bond Choice

When giving advice to someone else, it is probably better to be simple. Using the target fund is very simple approach and is also diversified and low cost. As to the REITs, I'll note that there is plenty of disagreement here over whether it makes sense to add them, but it's very hard to make the cas...
by patrick
Sat Oct 08, 2016 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Should I close my new Credit Card?
Replies: 28
Views: 2195

Re: Should I close my new Credit Card?

I know Discover and Amex are constantly sending me "checks" that I can write, which will be funded from the respective credit card. I would look to pay off the loan with one of these checks, and then do a balance transfer from the originating CC to your Slate. It's a little more leg work,...
by patrick
Sat Oct 08, 2016 4:53 pm
Forum: Investing - Theory, News & General
Topic: Avoid International?
Replies: 103
Views: 9733

Re: Avoid International?

Australian stocks have dramatically outperformed US stocks since 1900. Does that mean that the US market is an inferior market compared to Australia? Is there any reason why anyone should invest anything in the 116 year underperformer -- the US, that is? Yes absolutely. Do you have data to support ...
by patrick
Sat Oct 08, 2016 4:37 pm
Forum: Personal Consumer Issues
Topic: Laptop ideas
Replies: 41
Views: 2221

Re: Laptop ideas

If you do get a Lenovo, make sure you get one of the business-class ones (Thinkpads). Lenovo has been caught three times in the past year or so intentionally preinstalling things I would consider malware on their consumer laptops, causing massive security vulnerabilities. One of these was embedded ...
by patrick
Sat Oct 08, 2016 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I close my new Credit Card?
Replies: 28
Views: 2195

Re: Should I close my new Credit Card?

I know Discover and Amex are constantly sending me "checks" that I can write, which will be funded from the respective credit card. I would look to pay off the loan with one of these checks, and then do a balance transfer from the originating CC to your Slate. It's a little more leg work,...
by patrick
Mon Oct 03, 2016 10:25 pm
Forum: Investing - Theory, News & General
Topic: Which Bond Fund As Emergency Fund?
Replies: 39
Views: 4016

Re: Which Bond Fund As Emergency Fund?

The risk of the short-term bond fund is minimal (in nominal terms ... there is still inflation risk) but it doesn't seem to have much reward either. The SEC yield of 1.06% quote above is actually slightly less than the yield on the best insured deposit accounts (which also have plenty inflation risk...
by patrick
Mon Oct 03, 2016 9:26 pm
Forum: Personal Consumer Issues
Topic: Credit Card Airline Miles for infrequent traveler
Replies: 11
Views: 1218

Re: Credit Card Airline Miles for infrequent traveler

If you really dislike flying, perhaps you shouldn't be looking for airline cards at all. There are also sign up bonuses for Amtrak credit cards. But if you want to try flying again, there is a fair amount of complexity to buying flights with miles. There are quite a few web sites focused specificall...
by patrick
Thu Sep 29, 2016 1:50 am
Forum: Investing - Theory, News & General
Topic: Variable SPIA: Why Not?
Replies: 18
Views: 1385

Re: Variable SPIA: Why Not?

The variable SPIA could be a good choice if you are willing to take market risk but not willing to take longevity risk. It may well make sense if market risk is the more likely risk to be rewarded fairly. But then again, maybe a person relying on a SPIA should avoid market risk too just to be really...
by patrick
Wed Sep 28, 2016 6:28 pm
Forum: Investing - Theory, News & General
Topic: Why are tax-exempt money market yields so high?
Replies: 21
Views: 3713

Re: Why are tax-exempt money market yields so high?

It is truly a bizarre world we live in where a money market yield of 0.63% is considered high.
by patrick
Sun Sep 25, 2016 9:56 pm
Forum: Personal Consumer Issues
Topic: HSBC Bank- Easy (???) $350 bonus
Replies: 44
Views: 6032

Re: HSBC Bank- Easy $350 bonus

Though I do credit card rewards offers, I am debating if this is worth it. Would a transfer from Vanguard be considered a "direct deposit"? Looking at the long long thread about this on doctorofcredit (http://www.doctorofcredit.com/hsbc-350-checking-account-bonus/) I see both a specific r...
by patrick
Sun Sep 25, 2016 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: How much is free lifetime healthcare worth? [Start business in US or Canada?]
Replies: 22
Views: 2134

Re: How much is free lifetime healthcare worth? [Start business in US or Canada?]

It isn't necessarily a lifetime of healthcare difference -- in the US you can get Medicare starting at age 65.

Keep in mind that the healthcare system will probably go through multiple large changes during your lifetime.
by patrick
Fri Sep 23, 2016 1:57 am
Forum: Investing - Help with Personal Investments
Topic: Is A Two-Fund Portfolio All You Really Need?
Replies: 44
Views: 5671

Re: Is A Two-Fund Portfolio All You Really Need?

Can you please explain why a 2 fund portfolio did better than a 11 fund slice and dice portfolio? Thanks Any slice and dice (or tilting) portfolio makes the assumption that one knows that some factor will do better than the market on average. With 11 funds, it's easy to screw something up by underw...
by patrick
Fri Sep 23, 2016 1:27 am
Forum: Personal Consumer Issues
Topic: HSBC Bank- Easy (???) $350 bonus
Replies: 44
Views: 6032

Re: HSBC Bank- Easy $350 bonus

I successfully opened one of these accounts, but I did it at the HSBC branch instead of online. I went in to open the account on 9/10. I wasn't able to actually log in to the online banking until 9/14 (and multiple phone calls) but after that there was no problem. Online bill payments from the accou...
by patrick
Tue Sep 20, 2016 9:51 pm
Forum: Personal Consumer Issues
Topic: Recommendations for External Hard Drive
Replies: 50
Views: 3915

Re: Recommendations for External Hard Drive

What I often do for cheaper projects is buy an external hard drive dock, and then get internal hard drives from Seagate or WD. That's the cheapest way to go. Surprisingly, it seems like external hard drives are often cheaper than internal (even before accounting for the dock). From the current PCPa...
by patrick
Tue Sep 20, 2016 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 8887

Re: Citigold minimum increasing to $200,000

I have really got to wonder what Citi is thinking on this one. They really can't afford to refund ATM fees for customers with $50k in assets ? I realize interest rates are low, but I wonder how many customers have $200k in deposits vs $50k, ie. how many they are really cutting off from ATM refunds ...
by patrick
Tue Sep 20, 2016 1:33 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 102014

Re: What's Your Credit Card Rewards Strategy?

I have been reading far too much on the Chase Sapphire Reserve since I am considering it myself: * Ultimate Rewards Points will be rewarded on the UR Portal: 1.5 points = 1 point as opposed to the Chase Sapphire Preferred, which is 1.25 points = 1 point when using points. * 3% back on Dining and Tr...
by patrick
Sun Sep 18, 2016 7:13 pm
Forum: Investing - Theory, News & General
Topic: Never invest in ....... ?
Replies: 53
Views: 5529

Re: Never invest in ....... ?

While it may be annoying that Vanguard decided to use the word "total" for the then-Lehman-Brothers aggregate index, it reflects thinking at the time because in 1986 when the fund was founded, nobody thought that ordinary retail investors had any business messing around with anything but ...
by patrick
Sat Sep 17, 2016 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Prime Money Market Fund vs. Federal Money Market Fund
Replies: 4
Views: 496

Re: Prime Money Market Fund vs. Federal Money Market Fund

I would recommend using neither of them. You can get higher yields from insured bank accounts.
by patrick
Sat Sep 17, 2016 1:39 pm
Forum: Personal Consumer Issues
Topic: Recommendations for External Hard Drive
Replies: 50
Views: 3915

Re: Recommendations for External Hard Drive

Here is a potentially useful site for price comparison: https://pcpartpicker.com/products/exter ... =a8&page=1

It looks like you can order a 3TB drive from amazon for $86.99 now.
by patrick
Thu Sep 15, 2016 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Experience with High Yielding Money Market Accounts
Replies: 25
Views: 2217

Re: Experience with High Yielding Money Market Accounts

I've had an account with Capital One 360, back through the days when it was ING Direct, back to 2002. I haven't opened one of these accounts yet. The regular savings is paying 0.75% 360 Money Market is 1% Also. . . https://redneck.bank/mega-money-market/ "Where bankin's funner" Should I f...
by patrick
Thu Sep 15, 2016 1:27 am
Forum: Investing - Theory, News & General
Topic: Exodus from Money Market Funds?
Replies: 24
Views: 3153

Re: Exodus from Money Market Funds?

Money market funds have been yielding less than bank accounts for quite some time ... it seems that the exodus from retail money market funds should have happened already.
by patrick
Wed Sep 14, 2016 10:11 pm
Forum: Investing - Theory, News & General
Topic: An "out of sample" test of two specific factor-based portfolios published pre-2008
Replies: 76
Views: 5540

Re: An "out of sample" test of two specific factor-based portfolios published pre-2008

What I understand is that researchers, using computers and datasets going back to 1926, are able to find all kinds of evidence for factor premiums. Yet when an ordinary investor tries to find these premiums using available mutual funds and easy-to-use tools like Portfolio Visualizer, the evidence c...
by patrick
Mon Sep 12, 2016 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Washington state bond fund
Replies: 13
Views: 692

Re: Washington state bond fund

Although it doesn't show a total percentage, it is interesting to note that there are a fair number of non-US issuers in the top 10.

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