Search found 4960 matches

by triceratop
Tue Apr 02, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Taxation of NSF REU undergraduate research stipend
Replies: 47
Views: 11153

Re: Taxation of NSF REU undergraduate research stipend

I did an NSF REU (I screwed up the taxes, too!), wanted to chime in that all this advice seems correct. I can confirm that the NSF GRFP also is not taxable compensation, nor are several other federal graduate fellowships (no free lunch in picking among the several one may win). The "SCH" on the dott...
by triceratop
Mon Mar 25, 2019 5:43 pm
Forum: Investing - Theory, News & General
Topic: Who discovered sequence of returns risk?
Replies: 47
Views: 2876

Re: Who discovered sequence of returns risk?

Not Dave Ramsey. :) Seriously though, it's the underlying issue behind the Trinity Study data in 1997--The fact that you can't take out 8% a year even if your portfolio has 8% average returns. Yep, and much earlier than that, too! The inequality of arithmetic and geometric means (related to Young's...
by triceratop
Sun Mar 24, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Small/Emer Tilt vs 3Fund - Anyone ?
Replies: 17
Views: 901

Re: Small/Emer Tilt vs 3Fund - Anyone ?

I am doing these tilts. I do not know if long-term they will provide risk-adjusted returns higher than market-weight 3-fund portfolios. However, I am just hoping they provide higher returns, period, as I am already at a 100% stock allocation. This can be a rational thing to do, then, even if risk-ad...
by triceratop
Fri Mar 22, 2019 1:03 pm
Forum: Personal Investments
Topic: Moving from Vanguard to Merrill Edge
Replies: 66
Views: 6239

Re: Moving from Vanguard to Merrill Edge

Just for the bonus and the Preferred Rewards status ;-) https://www.bankofamerica.com/preferred-rewards/es/#benefits https://www.merrilledge.com/offers/900offer My plan is to get a Cash Management account Move $200k to ME from Vanguard, just bond funds (VSIGX, VLGSX, VTABX). Note that this funds ca...
by triceratop
Mon Mar 18, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: What are the purposes of your travels?
Replies: 60
Views: 3270

Re: What are the purposes of your travels?

I travel to visit family (none of whom live close to me), to share my academic research efforts with others so that the ideas spread more, and to do social dance in new places and with new people.
by triceratop
Sat Feb 23, 2019 6:13 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 122
Views: 26565

Re: 2017 Relative Tax Efficiency

So by looking at 3 yrs of data, is it a correct assumption to say that the tax efficiency of international vs us varies year to year depending on factors out of the individual investor's control, so we shouldn't worry too much about trying to optimize VTI vs VXUS holdings in a taxable account if we...
by triceratop
Thu Feb 07, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: Robeco Says Factors Persistent Across Two Centuries
Replies: 9
Views: 955

Re: Robeco Says Factors Persistent Across Two Centuries

I don't find this surprising, nor particularly good evidence for the future persistence of factors. To quote Matt Levine from today : I guess my question is: If you know that some broad market anomaly (not a quirky one like “executives who play a lot of golf have below-average stock returns,” but a ...
by triceratop
Wed Feb 06, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 122
Views: 26565

Re: 2017 Relative Tax Efficiency

Thanks for everyone's work here, especially triceratops with all your contributions and helpfulness! Sorry if I missed it but one thing you can do to fix the ref errors is to change the Fidelity funds to the funds they were rolled into. i.e. FSTVX -> FSKAX, FTIPX -> FTIHX, FUSVX -> FXAIX That fixes...
by triceratop
Tue Feb 05, 2019 10:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 181
Views: 19707

Re: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) available February 7

Do we know yet what the expense ratio will be on the Admiral shares funds, e.g. VFSAX? Or will it still be worthwhile for folks to buy VSS?
by triceratop
Tue Feb 05, 2019 5:16 pm
Forum: Investing - Theory, News & General
Topic: Crypto Exchange goes bankrupt after owner dies with only password
Replies: 90
Views: 10680

Re: Crypto Exchange goes bankrupt after owner dies with only password

I am no promoter, nor even defender, of cryptocurrencies, but my impression from the information reported is an organizational failure of QuadrigaCX, which clearly had no succession plan for the unfortunate event of the demise or incapacity of its founder Gerald Cotten. Every enterprise faces simil...
by triceratop
Tue Feb 05, 2019 1:49 am
Forum: Investing - Theory, News & General
Topic: Crypto Exchange goes bankrupt after owner dies with only password
Replies: 90
Views: 10680

Re: Crypto Exchange goes bankrupt after owner dies with only password

So the treasure hunt is on to crack the password. I suspect NSA / CIA / MI6 / Russian folks will get their hands on this. You'll be pleased and amused to learn that cracking specific wallets, and entire cryptocurrencies in general, is an active niche subfield of the cryptography community in Comput...
by triceratop
Mon Feb 04, 2019 10:34 pm
Forum: Investing - Theory, News & General
Topic: Crypto Exchange goes bankrupt after owner dies with only password
Replies: 90
Views: 10680

Re: Crypto Exchange goes bankrupt after owner dies with only password

So the treasure hunt is on to crack the password. I suspect NSA / CIA / MI6 / Russian folks will get their hands on this. You'll be pleased and amused to learn that cracking specific wallets, and entire cryptocurrencies in general, is an active niche subfield of the cryptography community in Comput...
by triceratop
Mon Feb 04, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Are You Really Supposed to Use Stupid Tax Table?
Replies: 26
Views: 3143

Re: Are You Really Supposed to Use Stupid Tax Table?

Yes, this is actually required by U.S. law. However, in the past before becoming aware of this law I have mistakenly figured my own tax and I have not yet spent a day in jail. So it is perhaps not a big deal if you have done so in the past. Still, for the future, yes you are required to do so.
by triceratop
Mon Feb 04, 2019 2:22 pm
Forum: Investing - Theory, News & General
Topic: MSCI was forced to add China into its emerging market index...
Replies: 23
Views: 1982

Re: MSCI was forced to add China into its emerging market index...

I merged the discussion by Gleevec into the original discussion here.
by triceratop
Sat Feb 02, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Organizing Yubikeys
Replies: 11
Views: 1560

Re: Organizing Yubikeys

Note that if you use your yubikey as your PGP key then it is not sufficient to have a backup Yubikey as you cannot export the private key, and one cannot do all operations one would wish with a yubikey-only private key. One needs an encrypted thumb drive with the private key on it for these operatio...
by triceratop
Thu Jan 31, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Yubikey and Linux
Replies: 2
Views: 344

Re: Yubikey and Linux

You may find it useful to know the command to reload udev rules dynamically:

Code: Select all

udevadm control --reload-rules && udevadm trigger
by triceratop
Tue Jan 29, 2019 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

in a nutshell it's an AE/ME degree pretending to be something else... It's not pretending to be something else. As it says, it's an AE/ME degree with focus on computational methods to solve AE/ME problems. Focusing on this is as legitimate as focusing on any other area of engineering. Just because ...
by triceratop
Mon Jan 28, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

Read flag is that it is under Aerospace and not EE. Yup, to judge a book by its cover, it looks like a ME/AE major with a 'finite element analysis' tilt Fortunately we don't have to judge a book by its cover and can look at the degree page description , which shows it is not at all how you judged i...
by triceratop
Mon Jan 28, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

Looks fairly interesting, but a niche field. CS is broader and more future-proof IMO based on 20 seconds of reading. Probably can't go wrong with either from IT, as it is a top CS school. It is very niche (which is why I wouldn't do the program), but very future-proof. CS is a younger field which i...
by triceratop
Mon Jan 28, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

Thanks to everyone that has responded, seems like we do have lots of technical BHs. I get a sense that the majority of people feel that the traditional path for undergrad (eg ME, CS, EE, CE) would best. I guess the thing that is confusing to me is that from my understanding (I am not an engineer bu...
by triceratop
Sun Jan 27, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

I don't want to get dragged into a back and forth, I'll leave by contextualizing in this way: the undergraduate degree program is run by the school/program (Austin / ICES) which people in the field would and do say is the best in the world. Folks saying the undergraduate degree will necessarily vani...
by triceratop
Sun Jan 27, 2019 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

Computational Engineering is a real thing. It's not a fad. It is absolutely something you can do for a full undergraduate degree. It would be rather akin to double majoring in engineering and appied math / numerical analysis. triceratop, <<Computational Engineering is a real thing. It's not a fad. ...
by triceratop
Sun Jan 27, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

Computational Engineering is a real thing. It's not a fad. It is absolutely something you can do for a full undergraduate degree. It would be rather akin to double majoring in engineering and appied math / numerical analysis. There is nothing wrong with specializing that heavily as an undergrad. Spe...
by triceratop
Sun Jan 27, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions on Computational Engineering Undergraduate Major
Replies: 91
Views: 3358

Re: Opinions on Computational Engineering Undergraduate Major

ME and EE are out as he wants more programming/CS than your average ME degree. And he is not so keen for EE as he is not so interested in all the electronics/circuits/power etc. CS is still on the table and he is accepted at Northeastern in CS and physics (combined degree) physiorol, <<ME and EE ar...
by triceratop
Sun Jan 27, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 122
Views: 26565

Re: 2017 Relative Tax Efficiency

I'm trying to stay away from considering bonds in this work because I want to avoid the "bonds in taxable" debacle into which it would quickly degenerate. Besides, bond funds are relatively more simple to evaluate for tax purposes.
by triceratop
Wed Jan 16, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 50286

Re: RIP Jack Bogle

I moved this post to the Bogleheads Community forum from the Investing Theory one, as Jack Bogle was most certainly a member of the community.

Rest in Peace.
by triceratop
Tue Jan 15, 2019 2:50 pm
Forum: Investing - Theory, News & General
Topic: PG&E Bonds
Replies: 49
Views: 5265

Re: PG&E Bonds

I don't disagree with the statement. Of course, bonds which are below BBB- are high-yield "junk". Yes that has nothing to do with the ratings. Whether that has implications for the risk-adjusted reward of a given bond, viewed as an event study pre- and post-downgrade is a matter which market partici...
by triceratop
Tue Jan 15, 2019 1:55 pm
Forum: Investing - Theory, News & General
Topic: PG&E Bonds
Replies: 49
Views: 5265

Re: PG&E Bonds

By all means buy a high-yield bond fund if that's your desire. Last decade's financial crisis has nothing to do with a decision today. You're justified in being skeptical of bond ratings, but that has always been the case, and everybody else knows it too. PJW I am struggling to see what your commen...
by triceratop
Tue Jan 15, 2019 1:24 pm
Forum: Investing - Theory, News & General
Topic: What do futures really leverage exposure to?
Replies: 27
Views: 1776

Re: What do futures really leverage exposure to?

You can get the ebook for $23-25 on eBay (electronic or paper), and if you are not picky about the latest edition, can score it for like $13, maybe less. I obtained my e-book for much less than $13. About $13 less. OP, it's a great book and I learned much from it. For free? From where? In that case...
by triceratop
Tue Jan 15, 2019 11:21 am
Forum: Investing - Theory, News & General
Topic: PG&E Bonds
Replies: 49
Views: 5265

Re: PG&E Bonds

By all means buy a high-yield bond fund if that's your desire. Last decade's financial crisis has nothing to do with a decision today. You're justified in being skeptical of bond ratings, but that has always been the case, and everybody else knows it too. PJW I am struggling to see what your commen...
by triceratop
Mon Jan 14, 2019 8:58 pm
Forum: Investing - Theory, News & General
Topic: What do futures really leverage exposure to?
Replies: 27
Views: 1776

Re: What do futures really leverage exposure to?

finite_difference wrote:
Mon Jan 14, 2019 8:31 am
You can get the ebook for $23-25 on eBay (electronic or paper), and if you are not picky about the latest edition, can score it for like $13, maybe less.
I obtained my e-book for much less than $13. About $13 less. OP, it's a great book and I learned much from it.
by triceratop
Sat Jan 12, 2019 11:51 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

. 3) triceratop's point: When a fund issues a dividend, it sells shares of the assets it holds, and you thus own-through your ownership of the fund-fewer shares of the underlying equities that comprise the fund. Unless it is a UIT like SPY which Triceratops noted. The reinvesting/divesting thing is...
by triceratop
Sat Jan 12, 2019 11:41 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

But, still, the statement that launched this whole exchange stands: (underlying) shares are being sold without your input or control. Respectfully, that is not what the statement said. Rather, the statement was: “- Dividends are only "passive income" in the sense that they are your shares being sol...
by triceratop
Sat Jan 12, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: The case for China A-Shares
Replies: 22
Views: 1758

Re: The case for China A-Shares

One prior discussion that goes in the opposite direction of many posts so far in this thread: Avoid Emerging Markets due to stricter securities regulation in Developed Markets? Lessons from SZSE..Maybe not?
by triceratop
Sat Jan 12, 2019 8:24 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

If you don't have other sources of income to live on than your investments a case could be made that you came out ahead because you didn't have to sell stock shares in December at their lowest prices to pay your bills. An argument could be made that the fund managers and companies sold stock shares...
by triceratop
Fri Jan 11, 2019 11:29 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

There was incorrect information that I corrected. Correctness matters for its own sake. Whether it matters to an individual investor as a standalone point really doesn't enter my calculus. I would not make many posts on such a detail except there was a question raised about whether what I posted wa...
by triceratop
Fri Jan 11, 2019 9:36 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

There was incorrect information that I corrected. Correctness matters for its own sake. Whether it matters to an individual investor as a standalone point really doesn't enter my calculus. I would not make many posts on such a detail except there was a question raised about whether what I posted was...
by triceratop
Fri Jan 11, 2019 9:29 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

In your own post you say it has 100M shares before and after the distribution. Are you confusing share count with market cap? I never stated that the share count of the TSM fund changes. I did not confuse anything. You stated, "You own fewer shares of each of the individual companies in TSM" after ...
by triceratop
Fri Jan 11, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

In your own post you say it has 100M shares before and after the distribution. Are you confusing share count with market cap? I never stated that the share count of the TSM fund, the number of shares of the TSM fund that exist, changes. I did not confuse anything. edit: to add subordinate clause to...
by triceratop
Fri Jan 11, 2019 8:29 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

A few points that all investors should drill into their head: - Dividends are only "passive income" in the sense that they are your shares being sold off without your input or control. And remember that income in this situation doesn't mean "gain wealth"... it's more like a simple cash transfer fro...
by triceratop
Fri Jan 11, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

A few points that all investors should drill into their head: - Dividends are only "passive income" in the sense that they are your shares being sold off without your input or control. And remember that income in this situation doesn't mean "gain wealth"... it's more like a simple cash transfer fro...
by triceratop
Fri Jan 11, 2019 7:59 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16526

Re: Around 43K in dividends last year - feel good about it ?

Why are so many people acting like dividends are optional? I like seeming my dividend amount go up because it means I have more money. My portfolio is set the way I like it and dividends are a fact of life with that portfolio. The extent to which you receive dividends on a diversified portfolio of ...
by triceratop
Fri Jan 11, 2019 6:29 pm
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 96
Views: 11856

Re: It was a dip. Did you notice? The December drop is over.

I noticed that when I went to 100% equities it was timed quite well. But I suppose now I am bored because I am going to be building up my bond cushion a bit now. Dumping cash into Intermediate-term treasury isn't very exciting.
by triceratop
Thu Jan 10, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard explains the increase in ex-us allocation
Replies: 34
Views: 4725

Re: Vanguard explains the increase in ex-us allocation

It's actually an interesting question on asset allocation for the next ten years. The days of cheap, near zero interest rates are over and we're in a rising rate environment that will lead to P/E contraction. Many leading analyst are basically giving their future 10-year guidance with over whelming...
by triceratop
Wed Jan 09, 2019 7:30 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant hidden gems?
Replies: 25
Views: 1998

Re: NYC restaurant hidden gems?

Ramen: Totto (midtown manhattan)
by triceratop
Wed Jan 09, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 137
Views: 7841

Re: BHers, what is your Roth IRA %?

I have about 20% of my IRA money in tax exempt. That placement is unnecessary since the money is not taxed while it is in the IRA. When it is withdrawn, it is taxed as ordinary income, not tax-exempt. I suggest putting the tax-exempt funds in your taxable account instead, where the tax-exempt statu...
by triceratop
Wed Jan 09, 2019 3:50 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 137
Views: 7841

Re: BHers, what is your Roth IRA %?

About 10% of my net assets are in Roth IRAs; the rest is in taxable. I was Roth-ineligible for the previous 4 years which made me sad. But I have about 45 years before I have to worry about RMDs.
by triceratop
Tue Jan 08, 2019 10:25 pm
Forum: Personal Investments
Topic: Understanding tax efficiency of ETFs vs Mutual Funds in taxable
Replies: 9
Views: 1238

Re: Understanding tax efficiency of ETFs vs Mutual Funds in taxable

neatp wrote:
Tue Jan 08, 2019 1:01 am
Thanks for sharing that. Unfortunately, the spreadsheet linked doesn't seem to be working anymore.
After modifying the dates to select price data from 2016/12/30 instead of 2016/12/31 It appears to be working for me except for the Fidelity funds.
by triceratop
Tue Jan 08, 2019 10:18 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8915

Re: More Nanny State From Vanguard

Many brokerages do not offer many specific mutual funds from other companies, even if they are legitimately registered. For example, you cannot buy the world's oldest mutual fund, MFS Massachusetts Investors Trust, retail class A, MITTX, at Vanguard. At one time, yes, you could; not now. Meanwhile,...
by triceratop
Tue Jan 08, 2019 10:02 pm
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 96
Views: 11856

Re: It was a dip. Did you notice? The December drop is over.

Uhh, who took over livesoft’s account? So, “livesoft” what happens next week and the week after that? You got that new crystal ball out for a spin? If this is really you, you can prove it by finally revealing the rest of the secret sauce to your RBD strategy that you’ve never shared here. Only the ...