Search found 700 matches

by Iridium
Mon Jun 29, 2020 2:04 pm
Forum: Personal Consumer Issues
Topic: magicJack question - What happens if you don't pay the 911 fee?
Replies: 18
Views: 1559

Re: magicJack question - What happens if you don't pay the 911 fee?

For some reason this thread reminds me of a situation that happened in Kentucky or maybe Tennessee a while ago. A guy didn't want to pay the tax or fee for the fire department. Then one day his property caught on fire. The fire department did show up but they were only there to prevent any damage t...
by Iridium
Fri Jun 26, 2020 2:52 am
Forum: Personal Investments
Topic: GERM ETF
Replies: 9
Views: 1019

Re: GERM ETF

Does anyone have any thoughts on the GERM ETF ( etf managers etflmg treatments testing advancement etf) from my understanding it is relatively new. I bought a bunch of shares the other day in my brokerage account, seemed like a good/new things. Any thoughts on this? It seems to be an odd bet to mak...
by Iridium
Thu Jun 25, 2020 6:46 pm
Forum: Personal Consumer Issues
Topic: Effect of open-source software on SWE careers and start-up companies.
Replies: 34
Views: 2105

Re: Effect of open-source software on SWE careers and start-up companies.

Your questions are too abstract. Also, open source software doesn’t generally lack IP or even patents. What are you concretely interested in? By "open source" I meant that computer software is not covered by any patent or IP (copyright?). I'm not an IP expert though on this matter though and I coul...
by Iridium
Thu Jun 25, 2020 6:13 pm
Forum: Personal Consumer Issues
Topic: Effect of open-source software on SWE careers and start-up companies.
Replies: 34
Views: 2105

Re: Effect of open-source software on SWE careers and start-up companies.

In addition to trying to profit from open source directly, plenty of companies also open source stuff that they need but isn't threatening to their business. Facebook, Google, and Uber have open sourced several foundational projects such as databases and analytics tools, because, having those tools ...
by Iridium
Thu Jun 25, 2020 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Double insurance can one have a HDHP and a PPO?
Replies: 3
Views: 323

Re: Double insurance can one have a HDHP and a PPO?

You can have double coverage with HDHP and PPO. However, you may only contribute to an HSA if you only have HDHP coverage (so your son would not qualify). Your son may need to reach out to HR to ensure that won't contribute to an HSA on his behalf. Otherwise, there aren't any problems with being cov...
by Iridium
Tue Jun 16, 2020 3:02 am
Forum: Investing - Theory, News & General
Topic: Trading Sportsbooks for Brokerages, Bored Bettors Wager on Stocks
Replies: 6
Views: 713

Re: Trading Sportsbooks for Brokerages, Bored Bettors Wager on Stocks

If the rally is just driven by dumb money, then why isn't the smart money shorting the stock back into oblivion? At the very least, the smart money isn't totally convinced that the dumb money is wrong. More likely, some of the smart money is quietly doing the same thing. I have to admit the whole He...
by Iridium
Wed Jun 10, 2020 10:20 pm
Forum: Investing - Theory, News & General
Topic: Did the abrupt recovery create a false sense of security?
Replies: 33
Views: 2614

Re: Did the abrupt recovery create a false sense of security?

One thing to keep in mind is that market crashes like 2000 and 2007 are atypically bad. In fact, for the S&P 500, they are the two deepest draw-downs since the Great Depression and they took the 2nd and 3rd longest time to set a new market high since 1950. Yes, the last couple of bear markets have h...
by Iridium
Tue Jun 09, 2020 5:43 pm
Forum: Personal Investments
Topic: With shorting of ETF are gold/commodity ETF actually fully backed?
Replies: 20
Views: 953

Re: With shorting of ETF are gold/commodity ETF actually fully backed?

Simple case: ETF holding 1 ounce of gold, sells 1 ETF share representing said gold. Investor A buy share of ETF from etrade. Investor B at etrade shorts the ETF share, sells it to investor C. So at that point in time, there is 1 commodity unit, but TWO people A and C who both believe they own the s...
by Iridium
Mon Jun 08, 2020 11:45 pm
Forum: Investing - Theory, News & General
Topic: Markets back near all time highs - how are you feeling and path forward ?
Replies: 238
Views: 20957

Re: Markets back near all time highs - how are you feeling and path forward ?

TechFI wrote:
Mon Jun 08, 2020 11:20 pm
I do appreciate your comments though... at least now I know why the market thinks that all is rosy and fine.
Heh. I cannot claim to represent the entire market.
by Iridium
Sun Jun 07, 2020 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Any 529 abusers here ?
Replies: 38
Views: 4992

Re: Any 529 abusers here ?

While one could construct a scenario where superfunding a 529 has a higher after tax return than investing in taxable, I can't think of a scenario in which the 529 outperforms the variable annuity (all else being equal) and usually, one would expect the variable annuity to return 10% better, as no ...
by Iridium
Sun Jun 07, 2020 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: teen wants an debit card/account for youtube
Replies: 12
Views: 1247

Re: teen wants an debit card/account for youtube

That is what teens account really is, but my banks need my son to be 13 for being primary. If he starts making money I don't want those to go as my income. The 1099 would go to your son regardless of where the money goes (assuming it is his SSN that is filed with YouTube). Remember that it is YouTu...
by Iridium
Sun Jun 07, 2020 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Any 529 abusers here ?
Replies: 38
Views: 4992

Re: Any 529 abusers here ?

I would think that any such tax shelter would be useful in only the most select circumstances. You get no up front deduction (some states will allow a deduction, but have limits low enough that heavily overfunding the 529 is unlikely), you defer tax liability, but all capital gains get turned into ...
by Iridium
Sun Jun 07, 2020 9:58 pm
Forum: Personal Investments
Topic: Investing in Extended Market fund
Replies: 13
Views: 954

Re: Investing in Extended Market fund

If one desires a small/mid cap tilt, what is wrong with using a Vanguard Extended Market Index Fund? Nothing super wrong with it, particularly in a 401k, though it is a bit of an odd move if you have other options. The primary issue is that while the S&P 500 is market cap weighted, its selection of...
by Iridium
Sun Jun 07, 2020 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: teen wants an debit card/account for youtube
Replies: 12
Views: 1247

Re: teen wants an debit card/account for youtube

That is what teens account really is, but my banks need my son to be 13 for being primary. If he starts making money I don't want those to go as my income. The 1099 would go to your son regardless of where the money goes (assuming it is his SSN that is filed with YouTube). Remember that it is YouTu...
by Iridium
Tue Jun 02, 2020 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Any 529 abusers here ?
Replies: 38
Views: 4992

Re: Any 529 abusers here ?

I would think that any such tax shelter would be useful in only the most select circumstances. You get no up front deduction (some states will allow a deduction, but have limits low enough that heavily overfunding the 529 is unlikely), you defer tax liability, but all capital gains get turned into r...
by Iridium
Tue Jun 02, 2020 2:01 am
Forum: Investing - Theory, News & General
Topic: DR recommending i stay home from work for entire 3ed trimester of Pregnant Fiancé
Replies: 46
Views: 3909

Re: DR recommending i stay home from work for entire 3ed trimester of Pregnant Fiancé

The best thing would be if you could fill the time with something else. Does your employer have any desk/WFH jobs that you might be able to take on? Is there any education you could take for the next step in your career? Failing that, I think the gap is easy to explain. Heck, around 1/5 of Americans...
by Iridium
Tue Jun 02, 2020 1:33 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for a teenagers help in a 1099 tennis coaching role
Replies: 12
Views: 745

Re: How to pay for a teenagers help in a 1099 tennis coaching role

This. Based on only the information given, the OP's wife should be providing them with a W2 and paying the employer's share of FICA taxes. I have to disagree with this. I had paper routes and did not get W-2s. Others have baby sitting jobs and do not get W-2s. Neither of these things typically requ...
by Iridium
Mon Jun 01, 2020 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for a teenagers help in a 1099 tennis coaching role
Replies: 12
Views: 745

Re: How to pay for a teenagers help in a 1099 tennis coaching role

The question is why would the teenager spend his/her summer helping out. If there is a pre-existing relationship and you are calling in a favor, if teaching younger students helps develop one's own tennis prowess (and it truly is treated as much of a learning experience for the teen as for the kids)...
by Iridium
Mon Jun 01, 2020 11:52 am
Forum: Investing - Theory, News & General
Topic: COVID-19 effect on globalization and international investment allocation
Replies: 12
Views: 991

Re: COVID-19 effect on globalization and international investment allocation

None of the articles I have seen on deglobalization have explained why, beyond some short-term political considerations. The international supply lines held strong. If we were completely deglobalized, things would have largely played out the same way, with the possible exceptions of respirators in M...
by Iridium
Sat May 30, 2020 11:47 pm
Forum: Personal Consumer Issues
Topic: Non Fiction books for teenagers
Replies: 52
Views: 2499

Re: Non Fiction books for teenagers

That is probably a good age for one's first read of How to Win Friends and Influence People. For technology, you need to be more specific on what type of technology (biotech, space, automotive, aeronautics, software, etc.) and the goals. For something like programming, my experience is that beginner...
by Iridium
Fri May 29, 2020 6:22 pm
Forum: Forum Issues and Administration
Topic: Political posts
Replies: 9
Views: 1044

Re: Political posts

To be clear: not a moderator. The line is generally crossed when you predict or speculate on future government action. In the context of Roth vs Traditional, it is probably okay to say that Roth allows you to lock in current tax rates and eliminate risk of future tax increases at the risk of not bei...
by Iridium
Thu May 28, 2020 2:54 pm
Forum: Investing - Theory, News & General
Topic: This article is scaring me. [Roubini predicting depression]
Replies: 109
Views: 12153

Re: This article is scaring me.

Issues 1,2,8, and 10 may well be real. They are also things that have been well known for years, so presumably are already priced in. After seeing the market continue to go up in February when the second largest economy in the world was experiencing an outbreak of a novel virus that was forcing the...
by Iridium
Wed May 27, 2020 1:27 am
Forum: Investing - Theory, News & General
Topic: This article is scaring me. [Roubini predicting depression]
Replies: 109
Views: 12153

Re: This article is scaring me.

Issues 3 and 4 are in conflict. We cannot be entering an era with both deflation and stagflation. That doesn't make any sense. Issue 5: Even if he is right about onshoring (personally, it doesn't make any sense to me, as China's disruption was relatively shorter than most company's home countries), ...
by Iridium
Tue May 26, 2020 1:28 am
Forum: Personal Investments
Topic: IS there a better Vanguard alternative to VPL to not emphasize Japan
Replies: 3
Views: 332

Re: IS there a better Vanguard alternative to VPL to not emphasize Japan

Seeing Japan on how things are for the past 10+ years, is there a hope it will bounce back? I feel better exposure is to not weigh as much on Japan and instead depend on other regions in Pacific where the growth might be. What you are seeing in Japan, I think is more a reflection of how things are ...
by Iridium
Mon May 25, 2020 11:48 pm
Forum: Non-US Investing
Topic: ESG Investing Possible Downside?
Replies: 7
Views: 582

Re: ESG Investing Possible Downside?

The problem isn't so much the small number itself so much as whether they are missing companies. Even after filtering out the companies you don't want to invest in, having a few hundred companies is way too small if they are supposed to be broad based funds. Are they, say, betting on Apple over Micr...
by Iridium
Mon May 25, 2020 5:52 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 51
Views: 2653

Re: New TVs with built-in Roku

I do not have such a TV, but I can answer your questions. Can you ignore the built-in Roku and use your own? Any reason to do this or not to do this? You can certainly ignore the built-in Roku, if you like. Advantage of built in: Slightly more convenient, as one remote controls both the TV and the R...
by Iridium
Sat May 23, 2020 4:28 pm
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 73
Views: 7799

Re: Hertz is declaring bankruptcy

Hertz filed Chapter 11, to reorganize their finances-----not to liquidate. They will keep operating while the bankruptcy moves through the court system. Liquidation will come later. While this progression is not uncommon, I would not expect it in this case. Hertz is the market leader and their bran...
by Iridium
Mon May 18, 2020 10:02 pm
Forum: Personal Consumer Issues
Topic: Sources for N95 masks
Replies: 44
Views: 3570

Re: Sources for N95 masks

The legitimate sources of disposable N95s aren't going to be selling to consumers yet, as the supply is being prioritized for medical/first responders. Reusable N95s (and even N100s) are available (many are in stock even at giant, reputable suppliers like Uline), but unfortunately, I believe those a...
by Iridium
Mon May 18, 2020 2:10 am
Forum: Personal Finance (Not Investing)
Topic: How to respond to poor life decision affecting job
Replies: 28
Views: 3241

Re: How to respond to poor life decision affecting job

You were in both a bad personal relationship and a bad employment relationship. Three years ago, you fixed both by cutting ties. You shouldn't regret it. If nobody has told you this before, then let me say it: you had a bad manager and the company didn't back you up. A manager that not only doesn't ...
by Iridium
Mon May 18, 2020 1:47 am
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4387

Re: I work remote: Is buying a home away from a major city a major risk?

If your housing cost is low enough relative to your salary, it isn't much risk. If you have to walk away from $50K of equity on a $250K house, it isn't totally infeasible on an IT salary. If you have to walk away from $200K of equity on a $1MM house...well, you are basically stuck, so you had better...
by Iridium
Mon May 11, 2020 4:17 pm
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 229
Views: 11764

Re: Paul Tudor: Compelling case for bitcoin ?

Owning Bitcoin is a great way to defend oneself against the GMI (Great Monetary Inflation) , given the current fact set. Bitcoin lost 30% of its value in one day last month. To the degree that inflation is defined as the loss of purchasing power, I would say that BTC has demonstrated regular bouts ...
by Iridium
Sat May 09, 2020 1:53 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13583

Re: Will work from home destroy the commercial real estate market?

I wonder how successful WFH is actually going. Most of my colleagues complain about it (and I agree with them, it is a pain). I have even heard folks trying to contrive excuses to have to go in (we are considered essential, so our offices aren't closed, but everyone who can WFH is required to do so)...
by Iridium
Fri May 08, 2020 2:00 pm
Forum: Personal Investments
Topic: Investing in woman-directed businesses
Replies: 4
Views: 332

Re: Investing in woman-directed businesses

Are there any mutual funds or exchange-traded funds that focus on firms with woman executives? Firms with women in executive officer and director positions post higher annual profit margins than those without female leaders. Between 1997 and 2017, firms with at least one female director or executiv...
by Iridium
Wed May 06, 2020 2:28 am
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 223
Views: 13643

Re: Is Disney the most tempting value stock?

For the last decade, Pixar has reliably made hits but no longer makes franchises (5 of the first 6 original films Pixar made have gotten sequels - not a single film since has gotten a sequel). Actually Pixar doing sequels is something they originally didn't want to do much of. They had a stack of s...
by Iridium
Mon May 04, 2020 6:46 pm
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 223
Views: 13643

Re: Is Disney the most tempting value stock?

That said, I am a bit starstruck by Disney's IP horde. Star Wars, Marvel, Pixar, ESPN, and Disney Originals all under one roof. They definitely have some amazing brands. However, to make the bear case: it is going to be interesting to watch how dominant they are moving into the future. Marvel finis...
by Iridium
Mon May 04, 2020 1:12 am
Forum: Investing - Theory, News & General
Topic: Do Paradigm Changes Call for Change In Strategies?
Replies: 24
Views: 1554

Re: Do Paradigm Changes Call for Change In Strategies?

Bogleheads, I am writing to inquire about others opinions of whether the current environment in which there is a paradigm shift in our way of life for an uncertain amount of time should make us adjust our long term strategies. Obviously Covid-19 being the triggering factor, but also things like hel...
by Iridium
Wed Apr 29, 2020 4:46 am
Forum: Non-US Investing
Topic: Ways to minimize bank bankruptcy exposure?
Replies: 24
Views: 2214

Re: Ways to minimize bank run exposure?

Valuethinker wrote:
Wed Apr 29, 2020 4:16 am
As this sub board is for non US investors is this the appropriate place for a discussion of FDIC etc?
Good catch.

OP, we would need to know where you live to give good advice.
by Iridium
Wed Apr 29, 2020 1:47 am
Forum: Non-US Investing
Topic: Ways to minimize bank bankruptcy exposure?
Replies: 24
Views: 2214

Re: Ways to minimize bank run exposure?

There are creative ways to title an account to get more FDIC insurance. If the problem is merely a bank run and not a real problem with the bank, then usually FDIC finds another bank willing to take on all deposit liability (including >$250K accounts) in return for all the bank's assets. However, on...
by Iridium
Tue Apr 28, 2020 6:10 am
Forum: Personal Consumer Issues
Topic: Anyone done the "free after review" deals on Amazon?
Replies: 6
Views: 1005

Re: Anyone done the "free after review" deals on Amazon?

If you are an American, keep in mind that the FTC takes a dim view of people who post reviews and don't disclose the compensation received (including keeping the product). And since review for products is against Amazon's rules, you can't include the typical FTC disclosure and not have Amazon take d...
by Iridium
Thu Apr 23, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best Covid19 resistant job
Replies: 154
Views: 9808

Re: Best Covid19 resistant job

My job. Hospitalist physician. As long as I donn and doff my clown suit correctly. Probably tough to become one in 6 to 12 months, per OP's request though :P Just out of curiosity, what do you see happening to demand in your job in the near term? Hospitalizations for COVID are past their peak in ma...
by Iridium
Thu Apr 23, 2020 3:19 am
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 8080

Re: All the upside of the S&P with 10% downside protection "Free"?

From the top of the second page: The indices used are price indices and do not reflect dividends paid on the underlying stocks. So, you are losing the dividend of roughly 1.5-2% / year in order to get a one time 10% after six years, in the unlikely event the market is down over a six year period. Wh...
by Iridium
Wed Apr 22, 2020 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Best Covid19 resistant job
Replies: 154
Views: 9808

Re: Best Covid19 resistant job

I would guess there are a number of jobs in utilities right now that are pretty secure. Cell phones, waste collection, cable, electricity, water. They all have to keep their networks operational, the labor input required is only loosely related to demand (though I suspect demand for most of those th...
by Iridium
Wed Apr 22, 2020 3:13 pm
Forum: Personal Investments
Topic: How are the "100% Stocks" people doing?
Replies: 137
Views: 11728

Re: How are the "100% Stocks" people doing?

So there is always alot of discussion here about AA and being able to weather the storm. How have the people who were 100% stocks doing? Anybody doubling down? Anybody jumping ship? Can't double down if one is already at 100%. Unless one uses leverage, but that is a bit much. I'm allowing my emerge...
by Iridium
Tue Apr 21, 2020 6:11 pm
Forum: Personal Consumer Issues
Topic: Which FREE streaming services don't have commercials?
Replies: 19
Views: 1305

Re: Which FREE streaming services don't have commercials?

Given that there is no business model for no money/no advertising, you need to think outside the box: 1) Existing memberships: What memberships do you have that might include video service? Amazon Prime is the obvious one. However, professional societies sometimes record content for their members. Y...
by Iridium
Tue Apr 21, 2020 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Wife racked up $13,000 in credit card debt...I'm sad/angry
Replies: 6
Views: 2277

Re: Wife racked up $13,000 in credit card debt...I'm sad/angry

Two initial thoughts before people who have experienced what you are going though chime in: 1) It sounds like depression is leading to obsessive shopping, but not actually using the items. One wonders whether returning the items as they come in would help cut down on some friction until this issue i...
by Iridium
Mon Apr 20, 2020 8:12 pm
Forum: Personal Investments
Topic: Did I Royally [mess up] spending $450 on USO today? Bought at $3.84 a piece
Replies: 38
Views: 5043

Re: Did I Royally [mess up] spending $450 on USO today? Bought at $3.84 a piece

At least they weren't futures, so they can't go below zero. Just dump it and chalk it up as a cheap lesson in the horrors of contango.
by Iridium
Mon Apr 20, 2020 8:06 pm
Forum: Personal Consumer Issues
Topic: How to report hotmail security issue
Replies: 8
Views: 614

Re: How to report hotmail security issue

In addition to apparently poor security, your hotmail email address may be costing you extra money on your car insurance premiums as well: www.express.co.uk/life-style/cars/910479/car-insurance-email-address-gmail-hotmail Maybe it’s time to switch to gmail? Thanks for the interesting article. Yes I...
by Iridium
Mon Apr 20, 2020 1:55 pm
Forum: Personal Investments
Topic: How can I "buy into oil" at these prices?
Replies: 57
Views: 5744

Re: How can I "buy into oil" at these prices?

Is this being too naive? Look at this drop...you telling me it isnt going up and this isnt a good buying time? Drudge headline probably helps here if you like drama OIL PRICE LOWEST IN HISTORY VENAX https://investor.vanguard.com/mutual-funds/profile/venax VDE https://investor.vanguard.com/etf/profi...
by Iridium
Mon Apr 20, 2020 1:05 pm
Forum: Personal Investments
Topic: How can I "buy into oil" at these prices?
Replies: 57
Views: 5744

Re: How can I "buy into oil" at these prices?

Unfortunately, the price you are seeing is really a reflection of a lack of storage space more than a crash in oil prices. The way to 'buy in' to the current craziness is if you happened to already own an oil storage facility, then you would get paid nearly $20 / barrel for holding onto it for a mon...
by Iridium
Sat Apr 18, 2020 8:04 pm
Forum: Personal Consumer Issues
Topic: Issues with face masks?
Replies: 92
Views: 6048

Re: Issues with face masks?

I wonder what it looks like in slo-mo when someone sneezes in a loosely fitted mask? I imagine the mask separating from the face and big blasts of particles streaming from the edges. I would think that all those particles leaking out the edges would be moving a lower velocity (since they were redir...