Search found 25 matches

by Oblivious
Sat Aug 11, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Worth seeing comedian live if already saw their Netflix special?
Replies: 20
Views: 1896

Re: Worth seeing comedian live if already saw their Netflix special?

Worth it. Usually whatever jokes were on a netflix special get retired and they're working on new material for the next special.
If anything the next netflix specials kind of get ruined, because I already heard the jokes live.
by Oblivious
Fri Jul 20, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 14016

Re: Should I Dump a Pile of Money on Young Son?

Yes do it. Your son sounds responsible and sounds like a person that will know how to handle it appropriately. I know so many parents that will gladly give money to their kids that struggle in life but always hesitate to give it to one of the responsible ones. The excuses for the one that got in som...
by Oblivious
Sat Feb 17, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Ally Invest Problems?
Replies: 0
Views: 304

Ally Invest Problems?

I'm hoping someone might be able to offer some advice on this. I did a bit of tax loss harvesting this year (or thought I did). I executed a lot of trades this year on a FIFO basis, but my tax documents show that I did them on a LIFO basis. This has left me with a very large unexpected tax liability...
by Oblivious
Fri Feb 16, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Anyone Using ALLY Investment Account?
Replies: 12
Views: 2965

Re: Anyone Using ALLY Investment Account?

I've had a pretty bad experience using them. They've admitted a couple of times that there's some bugs on their website that's caused me to pay more taxes than I should be. They didn't offer to compensate me for the extra taxes that I owed, but did at least admit that it was because of errors on the...
by Oblivious
Wed Feb 14, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Is Ally bank really this disorganized?
Replies: 14
Views: 3077

Re: Is Ally bank really this disorganized?

I've had a pretty bad experience using them. They've admitted a couple of times that there's some bugs on their website that's caused me to pay more taxes than I should be. They didn't offer to compensate me for the extra taxes that I owed, but did at least admit that it was because of errors on the...
by Oblivious
Tue Dec 05, 2017 9:23 pm
Forum: Personal Consumer Issues
Topic: Past Perception of Automakers vs. Today
Replies: 11
Views: 864

Re: Past Perception of Automakers vs. Today

Have a fair amount of experience on doing the analysis on this, while combing through millions of records of data on cars. Asian Cars > US > Europe for vehicles sold in the US. There's a lot of truth to the perception. Some US manufacturers are better than others. Same for the Asian brands. US truc...
by Oblivious
Tue Dec 05, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: Past Perception of Automakers vs. Today
Replies: 11
Views: 864

Re: Past Perception of Automakers vs. Today

Have a fair amount of experience on doing the analysis on this, while combing through millions of records of data on cars. Asian Cars > US > Europe for vehicles sold in the US. There's a lot of truth to the perception. Some US manufacturers are better than others. Same for the Asian brands. US truck...
by Oblivious
Sat Dec 02, 2017 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 6353

Re: How do I convince my employees to invest more?

Richard Thaler has done quite a bit of research on this. I'd recommend following his advice on the effective ways they found in getting employees to save more. In case you're wondering who he is, he's the recent winner of the Nobel Prize in Economics. JOURNAL ARTICLE Save More Tomorrow™: Using Behav...
by Oblivious
Sun Nov 12, 2017 8:34 pm
Forum: Investing - Theory, News & General
Topic: Alibaba added to Emerging Market Index/VWO?
Replies: 1
Views: 709

Alibaba added to Emerging Market Index/VWO?

Does anyone know when it was added? I noticed that it's now in the top 10, and I didn't think it had been in the index in the past. Anyone know what major stocks are still missing from it compared to EEM? Month-end ten largest holdings (17.4% of total net assets) as of 09/30/2017 1 Tencent Holdings ...
by Oblivious
Sat Oct 21, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 79
Views: 7027

Re: Paying for medical school for son?

Definitely agree with some "skin in the game" but Ideally would like them to not owe hundreds of thousands when just starting out. People in medical school already have plenty of skin in the game. They're sacrificing their youth to be in a better financial position as they get older. While most of ...
by Oblivious
Sat Oct 21, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 79
Views: 7027

Re: Paying for medical school for son?

Traveler wrote:
Sat Oct 21, 2017 7:47 am
Is your son an only child? If so, why not allow him to start off debt-free in a career that will afford him FI at a relatively early age with opportunities to do whatever he wants in the field (charitable medical work, own practice, whatever)?
+ 1
by Oblivious
Fri Oct 13, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 7812

Re: Help me understand what happen with the new law and ACA subsidies

The impacts of this are more along the following, there's 2 different impacts going on that are going to impact the opposite sides. There's a lot of work going on to quantify the impacts now. What is known is the below, but quantifying this stuff will take time. Yesterday's action will have an impac...
by Oblivious
Sat Sep 23, 2017 3:20 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 385
Views: 33636

Re: Iphone X is $1000

Can't wait to buy it. $1149 is a small cost compared to the utility I get out of it. I couldn't imagine saying that a few years ago, but it's obvious now.
by Oblivious
Sat Aug 05, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: belts for dress pants
Replies: 37
Views: 3358

Re: belts for dress pants

https://www.yoderleather.com/

I've been pretty happy with their products so far.
by Oblivious
Mon Jul 03, 2017 8:00 pm
Forum: Personal Consumer Issues
Topic: Verizon- Why do they treat old customers worse?
Replies: 54
Views: 9559

Re: Verizon- Why do they treat old customers worse?

In my area we have two choices, Verizon and Comcast. While a matter of taste on the TV side, the fios for someone who works from home like me is a no brainer and clearly better. I currently pay about $170/month with no annual commitment. Now I see $79.99 with the same tv package and 10x faster down...
by Oblivious
Sat May 20, 2017 6:22 pm
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 7606

Re: Interesting conversation with an alleged SS actuary

Thanks for your thoughts, Oblivious. It strikes me to ask, to you as an actuary, and please feel free not to answer if for any reason you'd prefer not, how we should define groups with respect to insurance. I'm an individual, and my expenses will be my expenses. I'm the smallest possible group, of ...
by Oblivious
Sat May 20, 2017 12:56 pm
Forum: Investing - Theory, News & General
Topic: Interesting conversation with an alleged SS actuary
Replies: 63
Views: 7606

Re: Interesting conversation with an alleged SS actuary

Am an actuary. We do care what choice people make. I would easily believe that it was designed to be that way and they would want to implement it to act like that. What usually gets in the way is politics preventing it from being neutral. Overall I would probably believe that they rebalance things a...
by Oblivious
Fri May 05, 2017 8:49 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 23345

Re: Why save so much for when you're old?

As an actuary if you can make it through the exams, your income is going to increase very quickly in the beginning. Never forget the miracle of compounding. Don't leave money on the table. Enjoy the first couple of years and the pay. As your pay increases by 20%, 30%, 40%+, use those increases to ma...
by Oblivious
Thu May 04, 2017 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Car Warranty Lies
Replies: 32
Views: 5196

Re: Car Warranty Lies

https://www.consumeraffairs.com/auto_warranty/fidelity.html?page=2 Above includes a review from someone working for Audi, saying they are a pain to deal with: I just want to let people know I work for an Audi dealership. We don't "team" up with them like you think. We actually can't stand dealing w...
by Oblivious
Tue May 02, 2017 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Car Warranty Lies
Replies: 32
Views: 5196

Re: Car Warranty Lies

I have yet to see an extra warranty sold at a dealer that is a worthwhile purchase. If you want an extended warranty you can do much better by buying it yourself without the intermediation (and the profit padding) of the dealer. They will tell you whatever you want to hear in order for you to sign ...
by Oblivious
Tue May 02, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Car Warranty Lies
Replies: 32
Views: 5196

Re: Car Warranty Lies

I have yet to see an extra warranty sold at a dealer that is a worthwhile purchase. If you want an extended warranty you can do much better by buying it yourself without the intermediation (and the profit padding) of the dealer. They will tell you whatever you want to hear in order for you to sign ...
by Oblivious
Mon May 01, 2017 9:10 pm
Forum: Investing - Theory, News & General
Topic: Another "Why Bonds?" / Buffett 90/10 thread..
Replies: 66
Views: 10639

Re: Another "Why Bonds?" / Buffett 90/10 thread..

I kind of wonder when Buffett makes the statements to invest nearly everything in an index fund and forget it. Yes he is the person that can beat the market. He's also the type of person that's always had large piles of cash on hand too. Like the article today talking about their 86B cash pile on ha...
by Oblivious
Sun Apr 23, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 58
Views: 7508

Re: Issue With Real Estate Agent (Seller)

Did some home shopping a couple of years ago. Probably toured 20-25 properties. Only twice was the seller's agent there. One was for an open house. I agree where it was kind of weird when they were there too. Usually I didn't want to think that I had to hold back on giving the selling agent insight ...
by Oblivious
Sat Apr 08, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 13263

Re: Alts:new sources of risk/return improve portfolio efficiency

I would be concerned that reinsurance will be exposed to greater and more correlated risks due to the increase in extreme weather events that will accompany climate change. Fires, droughts, floods, hurricanes, and tornados are predicted to be more frequent and more severe. Political instability is ...
by Oblivious
Fri Apr 07, 2017 8:54 pm
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 13263

Re: Alts:new sources of risk/return improve portfolio efficiency

1st post on the Bogleheads board. I'm pretty familiar with reinsurance and catastrophe risk in how it's priced and slightly familiar with how it goes from that to going into a bond. There is quite a bit more risk that's being taken on in buying these. You also have to look at reinsurance risk on a m...