Search found 1918 matches

by Ketawa
Thu Aug 16, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Sign - Speed checked by Radar
Replies: 41
Views: 2519

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: 893

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: 6820

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: 6820

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: 804

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: 351
Views: 44842

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: 5843

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: 5843

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: 829

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: 238
Views: 53144

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: 1928

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: 1928

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: 25703

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: 3670

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: 3670

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: 3470

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: 773
Views: 82978

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: 14912

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: 14912

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: 690

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: 351
Views: 44842

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: 5542

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...
by Ketawa
Mon Mar 05, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Should I agree to have my driving monitored in exchange for lower rates?
Replies: 65
Views: 5542

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

My insurance company (and many other carriers as well) are offering a program where I sign up to have my driving monitored, and in exchange, they lower my rates. They monitor driving performance by having me install an app on my phone that sends driving data back to the insurance company. A variety...
by Ketawa
Thu Feb 22, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 773
Views: 82978

Re: Netflix, Your Current Favorite Show

Starting writing this post only for the last couple months, decided to go back a year. I recently decided to cut down on the number of TV shows I watch. This list is only Netflix for the last year. Altered Carbon - I don't think this is a great show, but fans of science fiction would probably enjoy ...
by Ketawa
Fri Feb 16, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Why paying off loans would be better than fully funding 401k?
Replies: 97
Views: 8029

Re: Why paying off loans would be better than fully funding 401k?

My 2 cents - I wouldn't bother with any 401k savings until all high interest rate debt is paid off. OP, you were agonizing earlier in the thread about whether you should max out the employer contribution for the Solo 401k plan, but to my understanding, there is no difference mathematically between i...
by Ketawa
Mon Feb 05, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Is Insight Visa still giving 5% on 5k?
Replies: 6
Views: 831

Re: Is Insight Visa still giving 5% on 5k?

Man, I've been trying to get that second account, haven't been able to get the computer system to OK it... I had the same problem. Try calling them instead. Check the comments on the Insight post at doctorcredit for the number. It's unlisted and seems sketchy, but this is how I got my second card.
by Ketawa
Mon Feb 05, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Is Insight Visa still giving 5% on 5k?
Replies: 6
Views: 831

Re: Is Insight Visa still giving 5% on 5k?

It is; maybe you are confusing it with a different account? I have two Insight accounts and both received 5% interest last quarter.
by Ketawa
Fri Feb 02, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 42
Views: 4348

Re: Best Movies of 2017

My personal favorites, in roughly descending order: Blade Runner 2049 Logan John Wick: Chapter 2 Lady Bird Phantom Thread Spider-Man: Homecoming The Lost City of Z The Disaster Artist Molly's Game Baby Driver It Wonder Woman I saw some that I would call "better", but not a "favorite", e.g. Get Out ....
by Ketawa
Sun Dec 31, 2017 10:42 am
Forum: Investing - Theory, News & General
Topic: 2018 401k
Replies: 8
Views: 1564

Re: 2018 401k

The main benefit of Traditional contributions is the ability to deduct income at your top rate now and fill up lower tax brackets in retirement with withdrawals or conversions to Roth. 24% is still a lot higher than 12% or 15%, even if the lower rates expire as in the current law.
by Ketawa
Sat Dec 30, 2017 12:27 am
Forum: Investing - Theory, News & General
Topic: Obtaining Exposure to Quality / Profitability Factor
Replies: 57
Views: 6537

Re: Obtaining Exposure to Quality / Profitability Factor

Unless I am missing something on how to use factor regressions on portfolio visualizer Vangaurd small cap value tends to Have positive values for QMJ/RMV. It also tends to have ~0 momentum loadings. Doesn't that make the fund kinda a closet multi factor fund? You get some exposure to size, value an...
by Ketawa
Fri Dec 29, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: What ever happened to the Larry portfolio?
Replies: 120
Views: 14034

Re: What ever happened to the Larry portfolio?

I find it fascinating that so many Bogleheads can accept the idea that fixed income investments have different riskiness, but insist that it's impossible for equities and that total market funds are the only correct way to invest. To me, it's obvious that small companies, due to their size, and valu...
by Ketawa
Thu Dec 28, 2017 12:46 am
Forum: Personal Finance (Not Investing)
Topic: TSP Loan For Down Payment
Replies: 3
Views: 585

Re: TSP Loan For Down Payment

Because the TSP loan is paid to yourself, the interest rate does not matter very much. Imagine that the loan rate was 100%, all your TSP balance was in the Roth TSP, and you expect to max out TSP contributions from now until forever. Taking a "loan" with a 100% interest rate would be great! It would...
by Ketawa
Thu Dec 21, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: Chained CPI - how does it work?
Replies: 30
Views: 2528

Re: Chained CPI - how does it work?

I think the idea is that CPI is supposed to measure the cost of living that consumers actually experience in aggregate. Let's take a simple example. Let's say iPhones and Android phones both cost $1000. Consumers buy equal numbers of both in the current basket of goods measured by CPI. Let's say iPh...
by Ketawa
Thu Dec 21, 2017 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60713

Re: Tax Bill Omnibus Thread

In not in any way a tax professional, but there seems to be the thought by some that if one prepays their mortgage payments now for 2018 and even further, say 2019, that they can use that interest they are prepaying to their advantage for itemizing. I just don't believe that is legitimate. I'd cons...
by Ketawa
Thu Dec 21, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60713

Re: Tax Bill Omnibus Thread

In not in any way a tax professional, but there seems to be the thought by some that if one prepays their mortgage payments now for 2018 and even further, say 2019, that they can use that interest they are prepaying to their advantage for itemizing. I just don't believe that is legitimate. I'd cons...
by Ketawa
Wed Dec 20, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60713

Re: Tax Bill Omnibus Thread

I expect to owe both state and federal taxes upon filing in April 2018 (not worried about penalties). Am I correct in my thought that I should make an estimated tax payment to pre-pay those before the end of the year so they are deductible for 2017? I expect to exceed the $10k SALT limitation going...
by Ketawa
Wed Dec 20, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 262
Views: 42074

Re: Improving the TSP [for current participants]

Duration risk doesn't even out over the long term. Otherwise, everyone would hold long term bonds.
by Ketawa
Tue Dec 19, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 262
Views: 42074

Re: Improving the TSP [for current participants]

Currently, asset allocations have to be equal across the Roth and Traditional accounts. This doesn't bother me too much since I use tax-adjusted asset allocation, and don't think that risky assets magically give me better risk-adjusted returns in Roth accounts, a common error on the board. :wink: Th...
by Ketawa
Tue Dec 19, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: pay down mortgage or invest in taxable
Replies: 73
Views: 7385

Re: pay down mortgage or invest in taxable

6) I think the compound interest from the investments will outperform this mortgage simple interest. I agree. Often lost on here is that your fixed rate should be compared against the nominal cumulative average growth rate - not real. The overall historical numbers are about 9%. The worst 30 year n...
by Ketawa
Thu Dec 14, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 3726

Re: Recast mortgage as part of a pay down strategy

The continued prepayments aside. The first payment after the recast is going to have more going to interest than the payment would've had on the paid down version. You have extended the loan backwards from where you were. You had it paid down to a 10 year remaining mortgage. You extended it backwar...
by Ketawa
Thu Dec 14, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 3726

Re: Recast mortgage as part of a pay down strategy

True, they'd like to keep the business. But, you're resetting the amortization schedule when you recast to the time left on the loan. Especially if you prepay, they'd like to recast and get you back on the would've been schedule. You don't get credit for the prepayment and time you shaved off the o...
by Ketawa
Thu Dec 14, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 3726

Re: Recast mortgage as part of a pay down strategy

It changes the timeline you owe the interest on. I.E... if you prepaid so you only owed 10 more years of interest, but you recast to make it so you have 13 more years of interest to pay... How do you figure you would not have more interest to pay? There are articles and a calculator in this thread ...
by Ketawa
Thu Dec 14, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 3726

Re: Recast mortgage as part of a pay down strategy

Just do it. You have already demonstrated that you are committed to paying down the mortgage, so the "forced savings" potential of a higher payment is not really a consideration. The only downside that others in this thread have mentioned seems to be the amount of time it will take you each year. Yo...
by Ketawa
Tue Dec 12, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: Android keyboards
Replies: 5
Views: 551

Re: Android keyboards

I have been using Swype for about 5 years, I think, ever since it was in beta. If I recall correctly, I didn't like the interface of the stock Google keyboard when swiping words. Swype presents the swiped word in yellow along with alternative words/spellings in white all in 1 row with about 5 option...
by Ketawa
Sat Dec 09, 2017 2:06 am
Forum: Investing - Theory, News & General
Topic: Why Are So Many Companies Announcing Share Buyback?
Replies: 32
Views: 3402

Re: Why Are So Many Companies Announcing Share Buyback?

It's a way of distributing profits to shareholders, logically equivalent to a dividend, without triggering a taxable event. For further reading, see Share repurchase and Modigliani–Miller theorem.
by Ketawa
Fri Dec 08, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness - You Can Have Your Momentum Factor and Eat it Too
Replies: 21
Views: 2162

Re: AQR/Asness - You Can Have Your Momentum Factor and Eat it Too

I agree. Primecap's success has been consistent for 33 years so you can rule out luck. Coins don't flip heads consistently for 33 years. The other potential explanation as Ketwawa wrote, "the managers of the fund are onto something that doesn't show up on research." Ketawa is not convinced of that,...
by Ketawa
Thu Dec 07, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: AQR/Asness - You Can Have Your Momentum Factor and Eat it Too
Replies: 21
Views: 2162

Re: AQR/Asness - You Can Have Your Momentum Factor and Eat it Too

1+ This is the whole point. Factor analysis alone does not accurately determine future performance. It's that simple. The idea that you can prospectively select positive factor loads in either single factor or multi-factor funds and they will reliably and definitely outperform in the future is quit...
by Ketawa
Wed Dec 06, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Are Dividends Perceived as Moral; Capital Value Changes as Immoral?
Replies: 55
Views: 3588

Re: Are Dividends Perceived as Moral; Capital Value Changes as Immoral?

Its a dividend and income fund,this is vanguard product summary of VEIPX. This fund is designed to provide investors with an above-average level of current income while offering exposure to the stock market. Since the fund typically invests in companies that are dedicated to consistently paying div...
by Ketawa
Fri Dec 01, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Union Offering .5% Rate Discount for Purchasing through their TrueCar Powered Site
Replies: 1
Views: 278

Re: Credit Union Offering .5% Rate Discount for Purchasing through their TrueCar Powered Site

Saving 0.5% in interest is only 1.2% of the loan principal if you take the full 60 months to pay off the loan. The difference shrinks if you pay it off more quickly. On a $20K car, for example, that is a savings of $240. I think you could get a better price outside of TrueCar, but that of course com...
by Ketawa
Thu Nov 30, 2017 8:32 pm
Forum: Personal Consumer Issues
Topic: Are plasma TV's gone forever?
Replies: 36
Views: 5496

Re: Are plasma TV's gone forever?

I own a Samsung plasma TV and really like it. I do not believe any major company still manufactures plasmas. You still see them on Amazon or Ebay at inflated prices. My Samsung plasma sells for 3x what I paid. You had me excited for a minute because I'm getting rid of my 50" Panasonic plasma TV soo...