Search found 1946 matches

by Ketawa
Wed Dec 12, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1594
Views: 220333

Re: QSPIX - thoughts on interesting fund

If I was an institutional holder of this fund, I'd like to have a meeting and see the performance of the internal 16 strategies to understand better what the hell is going on relative to the back test, instead of reading all that mumbo-jumbo from Cliff. That is exactly what AQR does. Occasionally, ...
by Ketawa
Tue Dec 11, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3113
Views: 605574

Re: What's Your Credit Card Rewards Strategy?

Something else that I'm sure a lot of people missed: for a few hours on Tuesday, it was possible to cash out Hilton Honors Points at 0.5¢ through Amazon. It was some kind of glitch and the second time it has happened. I cashed out almost 300K points for an Amazon e-gift card. The DoC post showed up...
by Ketawa
Tue Dec 04, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Pixel 3 early adopters: any feedback?
Replies: 42
Views: 3299

Re: Pixel 3 early adopters: any feedback?

I have the 3 XL and DW has the 3. We both love them. Awesome cameras. I think the December update either fixed or greatly improved the ram management issue. I have not had time to test the video audio recording issue to see if it was improved with the new update. Someone on reddit said it was impro...
by Ketawa
Mon Dec 03, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Financial planning for new military member - multiple questions
Replies: 36
Views: 2034

Re: Financial planning for new military member - multiple questions

You can register your car or get a driver's license as long as you meet the state's rules. I am an Ohio resident, had my license and registration in Hawaii when I lived there, changed both to Virginia later, and still have both in Virginia now that I live in DC while remaining an Ohio resident. Ohio...
by Ketawa
Mon Dec 03, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Big endowments don't beat simple 60/40 over 10 yrs.
Replies: 25
Views: 3191

Re: Big endowments don't beat simple 60/40 over 10 yrs.

The performance of Ivy League endowments has trailed a passive portfolio of 60 percent U.S. stocks and 40 percent bonds over the past ten years — and has been more volatile to boot, according to a new report from research and analytics provider Markov Processes International. Evelyn How useful is t...
by Ketawa
Fri Nov 30, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3113
Views: 605574

Re: What's Your Credit Card Rewards Strategy?

Currently, for personal reasons, I have little need for air travel, so what are other valuable uses for Amex Membership Rewards points and Citi Thank You Points? I do use my UR points, by transferring to Hyatt. Thanks I cash out MR points to a Schwab account at 1.25¢ each. This requires the AMEX Pl...
by Ketawa
Fri Nov 30, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3113
Views: 605574

Re: What's Your Credit Card Rewards Strategy?

Something else that I'm sure a lot of people missed: for a few hours on Tuesday, it was possible to cash out Hilton Honors Points at 0.5¢ through Amazon. It was some kind of glitch and the second time it has happened. I cashed out almost 300K points for an Amazon e-gift card. The DoC post showed up ...
by Ketawa
Fri Nov 30, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3113
Views: 605574

Re: What's Your Credit Card Rewards Strategy?

I recently did something that I didn't realize was possible to meet a signup bonus. Throwing this out there in case it helps anyone. I picked up the AMEX Hilton Honors Aspire in early September with the bonus of 150K points for $4K in spend. 1 month later, I picked up the Chase IHG Rewards Club Prem...
by Ketawa
Wed Nov 28, 2018 12:53 am
Forum: Investing - Theory, News & General
Topic: AQR/Liquid Alt Performance
Replies: 60
Views: 2820

Re: AQR/Liquid Alt Performance

The beauty of backtesting is that you can torture the data in anyway until it produces the result you want. If you wish to reduce portfolio volatility while keeping sharp ratio same, then you could add low volatility equity like a Dividend Growth (Quality) fund. See here: https://www.portfoliovisua...
by Ketawa
Tue Nov 27, 2018 11:15 am
Forum: Investing - Theory, News & General
Topic: AQR/Liquid Alt Performance
Replies: 60
Views: 2820

Re: AQR/Liquid Alt Performance

Despite all this doom and gloom, investors have been better off with QSPIX than without it, even if only barely so. Compare a 60/40 portfolio of VT/VBMFX to 55/35/10 of VT/VBMFX/QSPIX since the inception of QSPIX: link . Does anyone know if the Portfolio Visualizer results are after fees? Portfolio...
by Ketawa
Tue Nov 27, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: AQR/Liquid Alt Performance
Replies: 60
Views: 2820

Re: AQR/Liquid Alt Performance

The math simply does not add up for investors who are already in with the sinking performance so far. QSPIX is down -10.68% YTD, it will take an average of 10% returns annualized for next 9 years for it to make up 6% annualized returns for a full 10 year period starting 2018. QSPIX is up 3.5% appro...
by Ketawa
Mon Nov 26, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Borrowers Are Tapping Their Homes for Cash, Even as Rates Rise
Replies: 14
Views: 2528

Re: Borrowers Are Tapping Their Homes for Cash, Even as Rates Rise

This is a terrible headline. Of course as rates rise, the primary reason for refinancing will be to take cash out, so 80% of refinances being for this reason is not surprising. What else are people going to do? The people who refinanced all the way to the bottom can probably hardly get a better deal...
by Ketawa
Tue Nov 20, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15070

Re: Black Friday 2018

I'll pick up a few MTM shirts, something I do annually, to refresh/expand my wardrobe. I'm in the market for a good deal on the PS4 Pro to play PlayStation exclusives (Spider-Man, God of War, Horizon Zero Dawn, Uncharted) and complete my set of current gen consoles. There are some great deals on the...
by Ketawa
Mon Oct 15, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: HDMI Splitter or Switch?
Replies: 24
Views: 1461

Re: HDMI Splitter or Switch?

You may or may not need an HDMI switch. It depends on your soundbar. For example, I have a Vizio soundbar with 1 regular HDMI input and 1 HDMI-ARC port, but an old Panasonic plasma will probably not have HDMI-ARC, so I can only run 1 HDMI device "through" the soundbar. If your soundbar has multiple...
by Ketawa
Mon Oct 15, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: HDMI Splitter or Switch?
Replies: 24
Views: 1461

Re: HDMI Splitter or Switch?

You may or may not need an HDMI switch. It depends on your soundbar. For example, I have a Vizio soundbar with 1 regular HDMI input and 1 HDMI-ARC port, but an old Panasonic plasma will probably not have HDMI-ARC, so I can only run 1 HDMI device "through" the soundbar. If your soundbar has multiple ...
by Ketawa
Thu Oct 04, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: Black suit with dark brown shoes?
Replies: 59
Views: 4127

Re: Black suit with dark brown shoes?

Based on your post, you absolutely need to bring two pairs of shoes. You shouldn't wear black shoes with khakis and a navy jacket, and you shouldn't wear brown shoes with a black suit. Black shoes are very formal and should be paired only with a mid-gray to charcoal to black suit, or a navy suit. Mo...
by Ketawa
Tue Oct 02, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Adult kids getting help from parents
Replies: 36
Views: 2309

Re: Adult kids getting help from parents

My two brothers, two stepsisters, and I are all in the 27-31 age range. I have received no assistance from parents since I started college at 17, except for things like the occasional dinner out, or gas to pick me up for break from college. I don't think they even helped with the 1 or 2 plane ticket...
by Ketawa
Tue Oct 02, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: Improved Phishing Scam
Replies: 7
Views: 981

Re: Improved Phishing Scam

Brian Krebs also reported on the phishing tactic mentioned in the OP: Sextortion Scam Uses Recipient’s Hacked Passwords. It's the most popular article ever on his site.
by Ketawa
Mon Oct 01, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6856

Re: Do Bonds Go in Taxable?

This is something I used to say in many threads, including some of the threads linked in this thread. There are some nuances to this decision that get lost, especially in the way examples are constructed to make the "bonds in taxable" argument. One important nuance is that assets are more risky if t...
by Ketawa
Mon Oct 01, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing a Net Worth Statement
Replies: 15
Views: 1934

Re: Preparing a Net Worth Statement

Long term cap gains I multiply by 0.85% Pre tax money in my 401k I multiply by .80% Might not be perfect but close enough. I just track every year for personal use. This is reasonable. What I wouldn’t do is account for taxes on unrealized capital gains but not for taxes on withdrawals from tax-defe...
by Ketawa
Tue Sep 25, 2018 1:01 pm
Forum: Investing - Theory, News & General
Topic: Equities as a hedge against inflation
Replies: 36
Views: 2620

Re: Equities as a hedge against inflation

We need to be more precise in our terms. People can mean a couple different things when discussing a hedge against inflation. Historically, equities have outpaced inflation. They should because as inflation happens, companies are able to raise prices. Bonds also hedge against inflation in this manne...
by Ketawa
Tue Sep 25, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 213
Views: 31906

Re: Vanguard New Factor Funds Portfolio Statistics

Is it time for me to swap out QSMLX for VFMF? I haven't been following these funds. My portfolio is essentially "tilt as much as possible, within reason, have about 1 fund for each asset class per account." The particular funds have changed since I implemented that in August 2012 as offerings became...
by Ketawa
Tue Sep 11, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: A case for holding international bonds
Replies: 14
Views: 1288

Re: A case for holding international bonds

I don't know how international bonds have done recently, or how Treasuries rates compare to other AAA government bonds, but looking at SEC yield is very misleading for hedged international bonds. It leaves out the hedge return. The SEC yield is calculated in the yield of the local currency, but afte...
by Ketawa
Tue Sep 11, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: How to choose a real estate agent?
Replies: 24
Views: 2171

Re: How to choose a real estate agent?

Personally, I went to Redfin first and saw that no actual Redfin agents were available. However, they had some affiliated agents and I contacted 3, presuming they would be willing to negotiate on commission. I also contacted an agent from the big company in the area. I went with one who affiliated w...
by Ketawa
Tue Sep 11, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 89
Views: 7652

Re: Amazon Prime - Value?

Almost everything I order arrives on time in 1 or 2 days, if that was the expectation. I live in a big city so this probably helps. I have the Chase Amazon Prime Rewards card which gives 5% back with Prime. The alternative is 3% without Prime. $6000 in spending would be the break-even point for a $1...
by Ketawa
Fri Sep 07, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1594
Views: 220333

Re: QSPIX - thoughts on interesting fund

QSPIX does not need to short dividend paying stocks, it has chosen a strategy that uses this to generate its return. To get other alternative asset returns you do not need to do this, thus is this cost that AQR decides to use & paid to someone else an expense? I think it is as the investor does not...
by Ketawa
Fri Sep 07, 2018 2:52 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1594
Views: 220333

Re: QSPIX - thoughts on interesting fund

Correct me if i am wrong, but I believe these funds are only available through an advisor. So, to the consumer the fees would likely be even higher, right? That is going to take a LOT of portfolio efficiency improvements to overcome. I hope it works out for you true believers. I am going to sit thi...
by Ketawa
Fri Sep 07, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1594
Views: 220333

Re: QSPIX - thoughts on interesting fund

If someone want to argue that the expense ratio as calculated by SEC rules is misleading, and a disservice to investors, they should make that case to the SEC. I guess i am one of those idiots you were referring to who can't even compute a basic ER. That is why I rely on a set of rules that have be...
by Ketawa
Thu Aug 16, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Sign - Speed checked by Radar
Replies: 41
Views: 3009

Re: Sign - Speed checked by Radar

In the DC area, "speed checked by radar" seems to mean there is potential for a cop's vehicle to catch you. It is distinct from "speed checked by photo", which indicates there is a stationary speed trap coming up. You'll get a ticket in the mail if you are 10 mph or more over the speed limit. The Wa...
by Ketawa
Wed Aug 15, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Since you would want to eventually reinvest dividends/distros anyways, why wouldn't you make them automatic for TLH?
Replies: 13
Views: 1138

Re: Since you would want to eventually reinvest dividends/distros anyways, why wouldn't you make them automatic for TLH?

If you have an unrealized loss and selling the shares would cause a wash sale because you purchased substantially identical securities within the last 30 days, then wait to realize the loss. It's not a big deal. Manually reinvest your dividends when you have them if you have no losses to realize. If...
by Ketawa
Mon Aug 06, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 7465

Re: Best way to lose $200 in taxable income?

Been a while since I did this, and I may have something wrong in my terminology. An almost sure way to do this is write a deep in the money naked call option on a liquid ETF like SPY, EFA, or EEM, and pseudo-cover it with a similar long-term holding like VOO, VEA, or VWO. The expiration date for th...
by Ketawa
Mon Aug 06, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 7465

Re: Best way to lose $200 in taxable income?

Been a while since I did this, and I may have something wrong in my terminology. An almost sure way to do this is write a deep in the money naked call option on a liquid ETF like SPY, EFA, or EEM, and pseudo-cover it with a similar long-term holding like VOO, VEA, or VWO. The expiration date for the...
by Ketawa
Wed Aug 01, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: USAA Renters Insurance
Replies: 10
Views: 893

Re: USAA Renters Insurance

I have USAA Renters Insurance. $136 annual premium for $40K in covered belongings, $300K liability, $1K deductible.

Maybe you should be using a VPP policy instead of renters?
by Ketawa
Wed Aug 01, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 50482

Re: MoviePass-Too good to be true, but it's legit.

I've seen about 28 movies in 8 months of having MoviePass since buying an annual subscription. It has saved me at least $300. I'll continue to use it through the end of my subscription and see where things are in a few months.
by Ketawa
Tue Jun 12, 2018 10:22 pm
Forum: Personal Consumer Issues
Topic: When should you consider removing the collision coverage on a car?
Replies: 70
Views: 6326

Re: When should you consider removing the collision coverage on a car?

I dropped collision and comprehensive on my 10 year old truck with about 95K miles. The truck is probably worth around $8K. I also dropped rental and towing coverage at the same time. My reasoning - I only insure things I can't easily afford. Dropping collision saved me $300/year and dropping compr...
by Ketawa
Tue Jun 12, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: When should you consider removing the collision coverage on a car?
Replies: 70
Views: 6326

Re: When should you consider removing the collision coverage on a car?

I dropped collision and comprehensive on my 10 year old truck with about 95K miles. The truck is probably worth around $8K. I also dropped rental and towing coverage at the same time. My reasoning - I only insure things I can't easily afford. Dropping collision saved me $300/year and dropping compre...
by Ketawa
Wed Jun 06, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage interest during life of loan
Replies: 6
Views: 902

Re: Mortgage interest during life of loan

This is completely wrong. Comparing two mortgages with equal interest rates, one with 5 years remaining and the other with 29 years, it makes even more sense to pay off or accelerate payments on the shorter duration loan, since you will realize the benefit earlier. (Or refinance to a shorter duratio...
by Ketawa
Fri May 18, 2018 10:19 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 243
Views: 56445

Re: A Returns Spreadsheet for Bogleheads

Regarding the "Returns Spreadsheet for Bogleheads," I assume that the numbered account sheets are supposed to contain data for different portfolios and that returns are calculated for each portfolio. The reason I ask is that I have properly created two different portfolios in separate account sheet...
by Ketawa
Tue Mar 27, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Taking out a loan to re-pay 401k loan?
Replies: 33
Views: 2063

Re: Taking out a loan to re-pay 401k loan?

I did the same thing for our house down payment. One thing I didn't consider was that the 401k loan is paid with post-tax money (not sure why it is structured like that). So the interest you are paying yourself, you will eventually pay income tax on it twice. It is structured like that because you ...
by Ketawa
Tue Mar 27, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Taking out a loan to re-pay 401k loan?
Replies: 33
Views: 2063

Re: Taking out a loan to re-pay 401k loan?

Paying 8% interest to get rid of a loan where you pay 3.25% interest to yourself makes no sense. OP, you say the opportunity cost is actually the future earnings in your 401k, and not 3.25%. This isn't a good way to look at the problem. Let's say you take out an 8% loan to pay off the 401k loan. At ...
by Ketawa
Tue Mar 27, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 28693

Re: Anyone Deleting Facebook?

There's nothing new about that its been going on for years w/ Android. There's no way to disable this on Android to my knowledge. IPhones I believe had a setting one had to change to disable the SMS and Contact list access. Unsure where that stands now with IOS. also, I posted about the same topic ...
by Ketawa
Thu Mar 22, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 4036

Re: SE Washington DC job - where to live?

OP needs to clarify, but based on the description of the location where daughter will be working, it's JBAB, not the Washington Navy Yard. VA is "across the river", and the neighborhood outside JBAB is not great. Just my 2 cents, but I don't think the metro/bus is a great option to commute to JBAB u...
by Ketawa
Thu Mar 22, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: SE Washington DC job - where to live?
Replies: 55
Views: 4036

Re: SE Washington DC job - where to live?

I moved to DC about 6 months ago and live in the Navy Yard area. The neighborhood is very safe. Working at JBAB, I wouldn't want to have to commute any further than Waterfront or Navy Yard. It takes a lot longer to drive through the city adding to your commute, while the metro is very convenient to ...
by Ketawa
Fri Mar 16, 2018 10:48 am
Forum: Personal Consumer Issues
Topic: 5/24 rule for rewards credit cards - bunching applications
Replies: 31
Views: 3684

Re: 5/24 rule for rewards credit cards - bunching applications

I found this on Citi personal cards: Personal Cards (8/65) There are two rules to be aware of regarding Citi personal cards: Must wait 8 days after application before applying for another card. While this rule is well known, there are data points of those who got approved for a second card within 8...
by Ketawa
Fri Mar 16, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 984
Views: 105914

Re: Netflix, Your Current Favorite Show

As for Altered Carbon , I'm disappointed. After watching the first few episodes, posts here encouraged me to keep going. By the 9th episode, I was bored. The final episode was nothing but <fight>, <pause>, <insert overused dramatic statement here>, <resume fight>, <repeat ad nauseum>. The dialog wa...
by Ketawa
Thu Mar 08, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe’s New Book Available: Reducing Risk Of Black Swans
Replies: 130
Views: 15766

Re: Larry Swedroe’s New Book Available: Reducing Risk Of Black Swans

Who knows, my point was that using current data one can invest, do we know that historical data has more predictive value than current data. If we knew historic patterns were a lock to repeat, investing would be easy. That is why we diversify and some of us hold emergency funds. Again to use the ba...
by Ketawa
Thu Mar 08, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe’s New Book Available: Reducing Risk Of Black Swans
Replies: 130
Views: 15766

Re: Larry Swedroe’s New Book Available: Reducing Risk Of Black Swans

I would only venture to attempt to predict a world series winner by watching the teams playing during the last month of the season. Any reference to statistics will only mislead. We Red Sox fans knew we were doomed going into the last two playoffs despite all appearances because we saw the team fla...
by Ketawa
Thu Mar 08, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: FSCKX + FSSVX = FSEVX ??
Replies: 6
Views: 846

Re: FSCKX + FSSVX = FSEVX ??

1. FSEVX follows the Dow Jones U.S. Completion Total Stock Market Index 2. FSCKX follows the Russell Midcap Index 3. FSSVX follows the Russell 2000 Index Look up the definitions of the indexes. Roughly speaking in terms of company market cap, they will be: 1. Company #501 - rest of market (not exact...
by Ketawa
Wed Mar 07, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 50482

Re: MoviePass-Too good to be true, but it's legit.

But like so many too-good-to-be-true deals nowadays – Google, Facebook, et al. – subscribers are forking over far more than they might imagine. In fact, you and all the juicy personal data that can be squeezed out of you are the marketing-gold product." If I can effectively sell my location data to...
by Ketawa
Mon Mar 05, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Should I agree to have my driving monitored in exchange for lower rates?
Replies: 65
Views: 6034

Re: Should I agree to have my driving monitored in exchange for lower rates?

But if/when you are at fault, don't be surprised if another party opens a claim against you, causing your insurance company to have to share your driving data - at which point they might try to deny covering the claim due to your driving habits (leaving you with the bill). What is the basis for say...