Search found 1691 matches

by patrick
Wed Sep 25, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: Interest Rate Risk: Two Views
Replies: 126
Views: 8126

Re: Interest Rate Risk: Two Views

TIPs, not that Attractive What is responsible for the visible lack of interest in TIPs that made its market capitalization such a small fraction? Stocks are the true inflation fighters as opposed to the wanna-be TIPs. When stocks have a yearly return figure of 7% compared to a much lower bond retur...
by patrick
Wed Aug 21, 2019 12:44 pm
Forum: Investing - Theory, News & General
Topic: Stable value funds?
Replies: 11
Views: 706

Re: Stable value funds?

dalbright wrote:
Wed Aug 21, 2019 10:15 am

The current 7 day yield is 1.97%.
That is not good considering you can get 2.55% on a regular savings account.
by patrick
Fri Aug 09, 2019 2:32 pm
Forum: Personal Investments
Topic: Bonds or just use Money Market/ Savings??
Replies: 7
Views: 733

Re: Bonds or just use Money Market/ Savings??

Bond yields are bad but savings/money market yields are even worse.
by patrick
Thu Aug 08, 2019 2:02 pm
Forum: Personal Investments
Topic: thoughts on international funds
Replies: 67
Views: 4748

Re: thoughts on international funds

I think much of the international ballyhoo is because many on this board have lost so much money vs the US over the last decade they are bitter and want to prove they were right from a theoretical standpoint. Those people will never in their lifetimes regain the losses they have incurred by stubbor...
by patrick
Fri Aug 02, 2019 10:40 am
Forum: Personal Investments
Topic: Best place for cash: money market (fido) vs saving account
Replies: 13
Views: 1578

Re: Best place for cash: money market (fido) vs saving account

I like the Orion FCU premium checking account, which pays 4% interest on balances of $30,000 or less. This is subject to a requirement to make 8 debit card purchases (on the MasterCard network aka "as credit") and $500 in ACH deposits per month. If you want more than $30,000 at this rate you can ope...
by patrick
Sat Jun 29, 2019 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1774

Re: high interest savings & checking accounts make sense?

tried to open an account with Orion but was denied because I live in WA state. Bummer, seems like a great deal with minimum hoops to have to jump through. Ideally a place I can store 25-30K and get 4-5% would be ideal. I realize I would have to jump through some hoops, but if they simply are making...
by patrick
Sat Jun 29, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1774

Re: high interest savings & checking accounts make sense?

Actually from the Premiere website: Have direct deposit of at least $500# Be enrolled in eStatements Use your debit card at least 25 times (ATM transactions don’t count) Those requirements are only for their checking account. Their money market deposit account lets you get high interest without doi...
by patrick
Fri Jun 28, 2019 11:14 am
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1774

Re: high interest savings & checking accounts make sense?

If your DCU primary savings balance is $1000 or less, you get 6.17% on your entire balance. If your DCU primary savings balance is greater than $1000, you get 6.17% on the first $1000 and 0.25% on the remainder of your balance. For instance, if your total balance is $1025, then $1000 of your money ...
by patrick
Fri Jun 28, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1774

Re: high interest savings & checking accounts make sense?

I have this account and I really do get 6.17% on it. It is true, they just use the larger accounts to subsidize the smaller ones. The interest rate is always 6.17% on the first $1000, and 0.25% on anything beyond that. The range simply means that if you have a total balance higher than $1000 the ov...
by patrick
Fri Jun 28, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1774

Re: high interest savings & checking accounts make sense?

There are always the Netspend accounts that pay 5% (on up to $1,000) --- https://www.doctorofcredit.com/guide-to-5-interest-prepaidsavings-accounts/ *** DCU pays 6.17% on first $1,000 --- https://www.dcu.org/personal-banking/savings-reg-shar.html#rates I found this interesting so looked into it fur...
by patrick
Thu Jun 27, 2019 7:08 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 24664

Re: Crypto bulls are back. Are you getting in?

What is to stop someone from creating fake blocks for the first three years and then linking the senior grade block back through the chain of old fake blocks? In the case of bitcoin itself, retroactive changes are made impractical by the large aggregate hash rate. But if this is on some other block...
by patrick
Thu Jun 27, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1774

Re: high interest savings & checking accounts make sense?

I think the best reward checking account now is from Orion Federal Credit Union, which pays 4% interest on balances up to $30,000, requiring 8 debit card purchases over the MasterCard network (aka "signature" aka "as credit") to qualify. They allow you to open multiple accounts to get more than the ...
by patrick
Wed Jun 26, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: TIPS bond funds have provided less inflation protection than nominal treasuries recently
Replies: 23
Views: 1582

Re: TIPS bond funds have provided less inflation protection than nominal treasuries recently

The real yields themselves were negative. If the yield is negative 0.5%, then it is promising to pay 0.5% less than inflation, so losing to inflation is expected. The recent increase in real yields of course also means a temporary capital loss due to the price change, as can happen with regular bond...
by patrick
Wed Jun 26, 2019 9:08 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 24664

Re: Crypto bulls are back. Are you getting in?

Until then, I stand by what I said. Blockchain is a slow, cumbersome and expensive solution in search of problems that have already been solved. In its simplest form, a blockchain is simply a set of blocks where each block has a hash of the previous block. There's no requirement to be slow, cumbers...
by patrick
Wed Jun 26, 2019 8:38 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 24664

Re: Crypto bulls are back. Are you getting in?

Until then, I stand by what I said. Blockchain is a slow, cumbersome and expensive solution in search of problems that have already been solved. In its simplest form, a blockchain is simply a set of blocks where each block has a hash of the previous block. There's no requirement to be slow, cumbers...
by patrick
Tue Jun 25, 2019 4:00 pm
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 278
Views: 24664

Re: Crypto bulls are back. Are you getting in?

The total market cap of cryptocurrencies is now $336 billion (according to https://coinmarketcap.com/) of which bitcoin accounts for 60%. By comparison, the total market cap of global stocks (including developed and emerging, with float adjustments) is $49.6 trillion (according to http://www.ftse.co...
by patrick
Tue Jun 25, 2019 3:08 pm
Forum: Investing - Theory, News & General
Topic: Accumulating ETF's why are we (US tax payers) prohibited?
Replies: 12
Views: 1416

Re: Accumulating ETF's why are we (US tax payers) prohibited?

The returns before taxes would be the same either way. If you invest inside an IRA the final returns would be the same too. The only difference is that (in countries where this is allowed) the accumulating fund lets you avoid paying the dividend taxes you would otherwise have to pay each year. The U...
by patrick
Tue Jun 04, 2019 9:57 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 37
Views: 2399

Re: Any Mint Mobile customers here?

I switched to Mint Mobile recently after the Sprint free year ran out. I have had no problems so far. I never needed to contact their customer service.
by patrick
Sat Jun 01, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: Should I buy Euros from local bank or use ATM in Europe
Replies: 37
Views: 2940

Re: Should I buy Euros from local bank or use ATM in Europe

If you get the option to charge in US dollars ("dynamic currency conversion") always refuse and have the withdrawal/purchase done in local currency. On a recent trip to Finland I saw the ATM in the airport would charge an extra 11% over the usual exchange rate if allowed to do the conversion itself.
by patrick
Thu May 30, 2019 1:37 pm
Forum: Personal Investments
Topic: The Best High Yield Savings Account
Replies: 25
Views: 2771

Re: The Best High Yield Savings Account

I'd suggest looking at https://www.doctorofcredit.com/high-int ... gs-to-get/ for all of the good options. My current favorite is the Orion rewards checking account, which pays higher than savings (subject to some limits of course).
by patrick
Tue May 07, 2019 2:42 pm
Forum: Investing - Theory, News & General
Topic: point of maximal pessimism for international investing
Replies: 66
Views: 5963

Re: point of maximal pessimism for international investing

The level of pessimism for international investing is certainly quite high, but as with everything else the maximum can only be known in hindsight.
by patrick
Fri Apr 26, 2019 5:34 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 16661

Re: Passive Indexing in America?

Semi-strong form EMH is that all publically available information is incorporated in the market price. Here SEC disclosure laws literally affect the ambit, the radius of what is publically known. Strong Form EMH is that all information public and private is incorporated into the market price. Empir...
by patrick
Fri Apr 26, 2019 1:55 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 16661

Re: Passive Indexing in America?

The difference between an opaque market and the SEC's enforced disclosure is that you redirect the costs to the party who is in the best position to bear it. In an opaque market, market participants will bear the cost of price discovery. In a market such as the US, the public firms bear the cost. A...
by patrick
Thu Apr 25, 2019 2:40 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 16661

Re: Passive Indexing in America?

Before going into the details, I'll note that you are talking one single country in the international index, and one which accounts for less than 10% of it. Whether you invest in a capitalist economy or command economy would similarly make no difference, as the market would simply account for the di...
by patrick
Wed Apr 24, 2019 4:37 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 16661

Re: Dump international?

1 minor correction - Replace 'World' with '10 Countries' and now I agree with everything else you said. For the record, can we please stop saying "World" or "Global" when we are really just taking about a handful of countries? Like, the World has 180+ countries. Sorry guys, let's get the technicali...
by patrick
Wed Apr 24, 2019 2:54 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 16661

Re: Dump international?

Australian stocks have dramatically outperformed US stocks since 1900. Why not an all-Australia portfolio? because to some of them, it's the USA! and to other group, they like to chase performance because why not. Target Date Funds are a perfect portfolio for those people. I created a whole thread ...
by patrick
Wed Apr 24, 2019 1:44 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 16661

Re: Dump international?

Australian stocks have dramatically outperformed US stocks since 1900. Why not an all-Australia portfolio?
by patrick
Tue Apr 23, 2019 1:31 pm
Forum: Personal Investments
Topic: Where to invest for early retirement?
Replies: 16
Views: 1547

Re: Where to invest for early retirement?

You can access the Roth 401k basis st any age as well if you rollover to Roth, after which it follows the Roth IRA withdrawal rules which count it as earnings last.
by patrick
Fri Apr 19, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 4187

Re: Windows 7 end of support - Jan 14, 2020

8foot7 wrote:
Thu Apr 18, 2019 9:24 am
I would not treat a family computer the same way — that would need to be upgraded because everyone clicks on everything and says Yes to every dialog box.
If the machine is used that way then it won't be safe with Windows 10 either.
by patrick
Fri Apr 19, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: Consensus on I Bonds for 2019?
Replies: 67
Views: 12643

Re: Consensus on I Bonds for 2019?

If you had purchased Vanguard Prime in November 2011 and held to the present, your yield over the past 7.5 years would have been 4.4% cumulative or 0.58% per year. The I bond rate is attractive by comparison to that, especially when you also consider the avoidance of state income tax and deferral o...
by patrick
Fri Apr 19, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: Consensus on I Bonds for 2019?
Replies: 67
Views: 12643

Re: Consensus on I Bonds for 2019?

I'm not a buyer of I bonds. Let me challenge the prevailing view on this thread. I bought once in the past (Nov 2011 period) when I saw that the composite rate was 4.6%. 2 years later, when the composite was 1.76%, I dumped it. Back then, during that low rate period (banks like Discover savings wer...
by patrick
Tue Mar 26, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: Why take the risk with equities?
Replies: 122
Views: 8584

Re: Why take the risk with equities?

The reason being annuities provide the highest SWR, especially if they are inflation adjusted. Would you explain how you have come to that conclusion? In the overwhelming majority of historic 30 year periods, for instance, the average 'SWR' was 5-6%. Compare that to a CPI-linked SPIA where the curr...
by patrick
Fri Mar 22, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: Need some help with slow folders in Windows
Replies: 33
Views: 1851

Re: Need some help with slow folders in Windows

This seems more like a software configuration issue -- renaming should be very fast, and a hardware problem would slow down everything else too. It is not obvious to me what would cause this, but my first guess is that you might have (perhaps without realizing it) installed a shell extension that i...
by patrick
Thu Mar 21, 2019 5:02 pm
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3519

Re: 3% on Checking - Redneck Bank, not a joke

You can get a better deal at Orion Federal Credit Union. They pay 4% on checking with a $30,000 cap and only require 8 purchases per month.
by patrick
Wed Mar 20, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: Need some help with slow folders in Windows
Replies: 33
Views: 1851

Re: Need some help with slow folders in Windows

This seems more like a software configuration issue -- renaming should be very fast, and a hardware problem would slow down everything else too. It is not obvious to me what would cause this, but my first guess is that you might have (perhaps without realizing it) installed a shell extension that is...
by patrick
Thu Mar 14, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Any credit cards that can beat the Citi doublecash?
Replies: 65
Views: 7811

Re: Any credit cards that can beat the Citi doublecash?

midareff wrote:
Thu Mar 14, 2019 4:13 pm
Uber Visa for 4% at restaurants and 3% at hotels.
Yet somehow it only gives 2% on Uber!
by patrick
Sun Mar 03, 2019 8:04 pm
Forum: Personal Consumer Issues
Topic: Picking a VPN -- 2019
Replies: 11
Views: 2445

Re: Picking a VPN -- 2019

You should first ask yourself what you are trying to keep secret and who you are trying to keep it secret from. If you want to keep your online banking passwords secret, regular HTTPS should be sufficient to prevent it from being intercepted in transit. However, you also need to make sure there is n...
by patrick
Wed Feb 27, 2019 11:25 pm
Forum: Personal Investments
Topic: Best online high yield savings suggestions
Replies: 34
Views: 4479

Re: Best online high yield savings suggestions

https://www.doctorofcredit.com/high-int ... gs-to-get/ has an extensive list including even higher interest rates than you mentioned.
by patrick
Mon Feb 18, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: Why is 401k maxing preferred over taxable?
Replies: 79
Views: 6538

Re: Why is 401k maxing preferred over taxable?

My pretax 401k contribution - $19,000 Company matching dollars - $10,000 Spouse pretax 401k contribution $19,000 Spouse matching dollars - $5000 My posttax 401k contribution - $32,000 Spouse posttax 401k contribution - $32,000 HSA - $7000 For us, Roth IRA contributions are not applicable as our inc...
by patrick
Sun Feb 17, 2019 6:32 pm
Forum: Personal Consumer Issues
Topic: Techies provide me best practices
Replies: 21
Views: 2029

Re: Techies provide me best practices

Why risk cloud storage? For the same reason you put money in the bank instead of under your mattress. Unless the computer you are using to store documents is never connected to the Internet, and never runs user-installed software, you almost certainly have a weaker security policy locally than that...
by patrick
Sun Feb 17, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Blu-Ray drives vs DVD drives for data storage and archiving
Replies: 59
Views: 3114

Re: Blu-Ray drives vs DVD drives for data storage and archiving

I don't, personally, have a good answer on data preservation. I don't think it's a simple problem. With regard to both Blu-Ray and DVD, they are dying technologies: Samsung Gives Up on Blu-Ray, Will Not Release Any New Players in the US . How many years Blu-Ray has left before that will post a real...
by patrick
Fri Feb 15, 2019 5:00 pm
Forum: Personal Consumer Issues
Topic: Blu-Ray drives vs DVD drives for data storage and archiving
Replies: 59
Views: 3114

Re: Blu-Ray drives vs DVD drives for data storage and archiving

Optical media are fairly expensive for large amounts of storage, and not very fast. Traditional hard drives are much cheaper $5c/GB is about the same price as hard drives, and unlike hard drives, blu-ray disks are a permanent storage medium. I give more details in my posts in the thread OP linked i...
by patrick
Wed Feb 13, 2019 12:01 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 941
Views: 126508

Re: Post your Financial Milestone Announcements Here

Finally joined the 2 comma club ... measured in Euros :happy
by patrick
Sun Feb 10, 2019 10:53 am
Forum: Investing - Theory, News & General
Topic: Is Index Investing Just Betting on The U.S Economy?
Replies: 46
Views: 5453

Re: Is Index Investing Just Betting on The U.S Economy?

Thanks for your reply, Indexing definitely has historically been a succesful strategy in the entire world. For any one country, an index fund outperforms most active funds after fees. Is merely beating most active funds considered to be successful? I think the returns would be more important, you c...
by patrick
Sun Feb 10, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: How "Safe" is Your Bond Fund?
Replies: 43
Views: 4380

Re: How "Safe" is Your Bond Fund?

As individual investors we just have to go by what's listed on the Fund page with regards to Term and Credit Risks. Who knows if there is a hidden Footnote deep somewhere in the Prospectus that the fund is much more risky than it appears. And generally people don't pay attention to credit risk if i...
by patrick
Sat Feb 09, 2019 5:54 pm
Forum: Personal Investments
Topic: VUSXX vs FDIC insurance
Replies: 18
Views: 1983

Re: VUSXX vs FDIC insurance

It's possible for VUSXX to lose money without any default. While it has a very low duration, it is not zero. A surge increase in interest rates combined with massive withdrawals would lead to losses. That in itself would be an extreme event, but not quite as extreme as a default on treasuries or FDI...
by patrick
Thu Feb 07, 2019 3:09 pm
Forum: Personal Consumer Issues
Topic: World VCR production is ending next month. What to do with my old VHS tapes?
Replies: 69
Views: 11188

Re: World VCR production is ending next month. What to do with my old VHS tapes?

Hi All, Bumping this thread as I have recently been thinking of digitizing VHS tapes for my parents. Obviously, there are a lot of products that allow one to do so, but I am somewhat apprehensive of buying one as I feel as if my laptop is dated (Macbook Air 2013). Was hoping someone could chime in ...
by patrick
Sun Feb 03, 2019 9:36 pm
Forum: Personal Investments
Topic: Incorrect 1099-INT [Insight], options besides calling bank?
Replies: 23
Views: 1454

Re: Incorrect 1099-INT [Insight], options besides calling bank?

Perhaps the interest from the last quarter of 2017 was not posted until January 1, 2018 and thus is counted towards the 2018 taxes?
by patrick
Sat Feb 02, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Accelerate Savings 2.36% Annually???
Replies: 3
Views: 2910

Re: Citi Accelerate Savings 2.36% Annually???

It is legitimate but it is not the best rate out there. See https://www.doctorofcredit.com/high-int ... gs-to-get/ for an extensive list of the highest interest rates which includes 2.5% for basic savings and more with various restrictions