Search found 2109 matches

by telemark
Thu Jan 18, 2018 7:54 pm
Forum: Investing - Theory, News & General
Topic: Nice write up in the NY Times about the transformative powers of blockchain on societal interactions
Replies: 12
Views: 1212

Re: Nice write up in the NY Times about the transformative powers of blockchain on societal interactions

Gartner hype cycle...... New technologies come and go. Which ones will find actual societal use and which ones will be a footnote in history will only be known after the fact. Calling blockchain "revolutionary" is laughable. There are many counter opinions out there of those in the industry who hav...
by telemark
Thu Jan 18, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Nice write up in the NY Times about the transformative powers of blockchain on societal interactions
Replies: 12
Views: 1212

Re: Nice write up in the NY Times about the transformative powers of blockchain on societal interactions

Assuming, for the sake of argument, that someone finds a way to use blockchain to revolutionize the internet as we know it (and personally I think that would be a fine idea), why would that method rely on Bitcoin or any other existing token? It's easy to create a new token, preferably one without th...
by telemark
Thu Jan 18, 2018 4:01 pm
Forum: Investing - Theory, News & General
Topic: Nice write up in the NY Times about the transformative powers of blockchain on societal interactions
Replies: 12
Views: 1212

Re: NY Times - Beyond the Bitcoin Bubble by Steven Johnson

We always view new technologies as improved substitutes for older, more familiar technologies. The automobile was a horseless carriage, email is quicker and cheaper than regular mail, Windows (tm) models a computer as a desktop with folders full of files, cell phones were telephones that you could c...
by telemark
Thu Jan 18, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 35
Views: 1401

Re: How do you adjust side mirrors in a car?

Watty wrote:
Thu Jan 18, 2018 9:50 am
Here are what Click and Clack say;

https://www.cartalk.com/content/avoiding-blind-spot-5
+1. I've had a lot fewer scares and near misses since I started doing this.
by telemark
Mon Jan 15, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: Best rock solid router with vpn server and guest network
Replies: 12
Views: 976

Re: Best rock solid router with vpn server and guest network

Do you by any chance have a Chromecast installed? Under the right circumstances one of these can take down a router.

https://www.theregister.co.uk/2018/01/1 ... ic_floods/
by telemark
Mon Jan 15, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Recommend an A.C. powered auto tire inflator
Replies: 32
Views: 1534

Re: Recommend an A.C. powered auto tire inflator

It does not have A/C, but I have been happy with a Slime pump. It is pretty fast even though only running on the car battery and does have what seems to be an accurate digital gauge with a pressure preset, so it shuts itself off. Don't know if they make an A/C model. This is the one I have: https:/...
by telemark
Sat Jan 13, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5322

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

I'm really still not getting the point here even after reading this. Is this specific to bonds? How/why does YTD go down, then up again in a year? YTD on January 2 is a measure of the performance of the market on ONE day - January 2nd. So if the market is down 10%, YTD is -10%. How useful is this a...
by telemark
Sat Jan 13, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5322

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

Cheeky and cute! However, nothing is guaranteed! If VBTLX ends up 2018 at -1.0%, will you really have outperformed? Most definitely; it's better to lose half a percent than to lose a whole percent. But the broader point is that YTD is a stupid way to measure performance. It starts out really stupid...
by telemark
Sat Jan 13, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5322

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

It's all in how you measure... but on Tuesday my plan is to outperform VGSLX.
by telemark
Fri Jan 12, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 7971

Re: Kodakcoin

If you look at my post, I am a strong Advocate for "Crypto Assets" and their potential to: Bank the un-bankable world I'd strongly disagree with this one. That's not to say crypto can't serve the unbanked, but at best it can serve the unbanked the way a dollar bill serves the unbanked, not the way ...
by telemark
Tue Jan 09, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: The dot-com/blockchain bubble of the 1920s: Utility stocks
Replies: 15
Views: 1626

Re: The dot-com/blockchain bubble of the 1920s: Utility stocks

There was a popular series of novels by Ralph Milne Farley (The Radio Man, The Radio Planet, etc) starting in the 1920s, sort of a mixture of Oz and Barsoom. The hero is transported to Venus by means of, you guessed it, radio... It's really an amazing phenomenon that we completely take for granted n...
by telemark
Mon Jan 08, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 94
Views: 3939

Re: Are Password Managers Really Necessary?

Is this true? I've always read you should change your passwords every six months or so, especially those related to financial institutions. https://www.schneier.com/blog/archives/2017/10/changes_in_pass.html See also this link https://www.wired.com/2016/05/password-tips-experts/ with special attent...
by telemark
Sat Jan 06, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: 401k "Fears"
Replies: 9
Views: 1219

Re: 401k "Fears"

1. Assume a job change for whatever reason. Ideally, I'd like to roll my 401k over into a simple 3-fund portfolio or a vanguard TDF. However, imagine a case where there's a bear market PLUS simultaneous job loss. I'm young and I've never experienced a roll over before but it seems as though it woul...
by telemark
Fri Jan 05, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: If you could live off your taxable account is it wise to put all your work money in a 401k?
Replies: 18
Views: 2131

Re: If you could live off your taxable account is it wise to put all your work money in a 401k?

If you have a lot of money in taxable that you would rather have in your 401k, this is effectively a legal way to accomplish that. Whether it's wise depends on your situation. You lose immediate access to the money but gain the tax advantages of the 401k. I assume the plan has some good funds availa...
by telemark
Fri Jan 05, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3304

Re: REITs In Taxable - New Tax Law

The case against putting REITs in taxable is that they issue a lot of non-qualified dividends. Does anything in the new law affect that? The initial reading is that you get to exclude 20% of the REIT dividends from taxation. I haven't had time to research it myself. Thanks. But 80% of too much is, ...
by telemark
Fri Jan 05, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3304

Re: REITs In Taxable - New Tax Law

The case against putting REITs in taxable is that they issue a lot of non-qualified dividends. Does anything in the new law affect that?
by telemark
Wed Jan 03, 2018 9:58 pm
Forum: Investing - Theory, News & General
Topic: Intel might take a hit
Replies: 38
Views: 3908

Re: Intel might take a hit

Intel doesn't succeed based on brand loyalty or because it has the best designs. It succeeds because it has a big lead in fabrication techniques and enough money to reinvest to maintain that lead. None of that is going to change because of this, any more than it did after the Pentium bug. We might s...
by telemark
Wed Jan 03, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Age In Bonds after 65 with 25X, 35X, 50X ??? Your Approach?
Replies: 35
Views: 2831

Re: Age In Bonds after 65 with 25X, 35X, 50X ??? Your Approach?

Age in bonds is Bogle's rule of thumb, but he also says you should count pensions and social security as part of your bond allocation. It comes down to ability and need to take risk, and age in bonds is not a very good proxy for that.
by telemark
Wed Jan 03, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Online High yield savings account for emergency funds
Replies: 23
Views: 1727

Re: Online High yield savings account for emergency funds

Another happy Amex savings user here. I like that they've never needed to pull my credit report.
by telemark
Wed Jan 03, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: Do Vanguard and Fidelity have automatic rebalancing?
Replies: 14
Views: 1137

Re: Do Vanguard and Fidelity have automatic rebalancing?

My 401ks at Fidelity have the option to rebalance to a set allocation on an annual, semi-annual, or quarterly basis. Or you can choose to get a notification when the allocation wanders out of predefined bands. They won't rebalance between plans, though.
by telemark
Tue Jan 02, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 164
Views: 17516

Re: Max It Out Tomorrow

blaugranamd wrote:
Tue Jan 02, 2018 11:34 am
Keep an eye on the timestamps in this thread.
I thought the arguments seemed familiar.
by telemark
Fri Dec 29, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: Stoics View on Debt
Replies: 33
Views: 3276

Re: Stoics View on Debt

Note to self: don't borrow from Nero.
by telemark
Thu Dec 28, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: How to setup a crypto-currency "index fund" (Bitcoin, etc.)
Replies: 77
Views: 5760

Re: How to setup a crypto-currency "index fund" (Bitcoin, etc.)

For those who say "dont mix strategy with outcome" (whatever that means?) What it means is that chance inevitably plays a role in investing, so that a bad strategy may lead to a good outcome or a good strategy may lead to a bad outcome. Saying "I made money, therefore my strategy was good" is confu...
by telemark
Wed Dec 27, 2017 7:58 pm
Forum: Investing - Theory, News & General
Topic: How to setup a crypto-currency "index fund" (Bitcoin, etc.)
Replies: 77
Views: 5760

Re: How to setup a crypto-currency "index fund" (Bitcoin, etc.)

The purpose of indexing is to capture the underlying return of a market at a low cost, and it relies on that market being reasonably efficient. The market in cryptocurrencies does not appear to be particularly efficient, and it's not clear that it has any underlying return at all. But VTSMX contains...
by telemark
Fri Dec 22, 2017 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Roth v 401k (new tax changes)
Replies: 27
Views: 2675

Re: 401k Roth v 401k (new tax changes)

In the example above, the determination of the marginal tax rate was fairly simple: it was the client?s tax bracket. However, as noted earlier, a true analysis of the marginal tax rate should measure the total increase in taxes due as income increases, not just the client?s tax bracket. The differe...
by telemark
Fri Dec 22, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Roth v 401k (new tax changes)
Replies: 27
Views: 2675

Re: 401k Roth v 401k (new tax changes)

Im going to split and do some trad 401k and some Roth 401k. It looks like Ill be in the 24% bracket with 15% effective- Im hedging 15% is better then Ill get in retirement 25+ years from now The marginal rate is what is relevant, not the effective rate. https://www.kitces.com/blog/understanding-mar...
by telemark
Fri Dec 22, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Using lumens to buy light fixtures
Replies: 26
Views: 2064

Re: Using lumens to buy light fixtures

Two fixtures may do a better job of putting the light where you want it. But the human eye is really good at adjusting to different light levels, so it may not matter much.
by telemark
Fri Dec 22, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard’s take on the tax bill
Replies: 14
Views: 3175

Re: Vanguard’s take on the tax bill

flyingaway wrote:
Fri Dec 22, 2017 4:40 pm
I really don't mind a few hundreds of dollars of under conversion. Is there a penalty for over conversion?
The amount that goes into the next bracket is taxed at the rate for that bracket. You end up paying a little more on a small part of the conversion.
by telemark
Fri Dec 22, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 90
Views: 5856

Re: Bitcoin in Freefall

TheTimeLord wrote:
Fri Dec 22, 2017 11:07 am
david wrote:
Fri Dec 22, 2017 10:50 am
Livesoft, is this an RBD for BTC? Alt-coins? I think we need an official ruling.
Livesoft will only respond if you call it Tulipcoin.
You think you're joking, but see https://www.cryptocoincreator.com/curre ... t/faqs.php
by telemark
Wed Dec 20, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 86
Views: 5368

Re: Electric Energy Usage

OK but where then does that heat go? IF they both vent to the same space, the total amount of heat is the same, whether you dry your clothes quickly in a dryer or overnight in a spare room? Some of the heat is absorbed by a phase change, liquid water into water vapor. This is the same amount whiche...
by telemark
Wed Dec 20, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: A meal with friends yields a financial revelation
Replies: 95
Views: 11734

Re: A meal with friends yields a financial revelation

Nice feeling, isn't it? There are still things I can't afford without careful planning, like a new car, but most of my budgeting now is for time off from work (there's never enough).
by telemark
Wed Dec 20, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 86
Views: 5368

Re: Electric Energy Usage

One point which is sometimes missed is that air dryed clothes, indoors, burn roughly as much energy as an electric dryer-- laws of thermodynamics, depending where the dryer vents to. I would question that. The amount of heat consumed by air drying should be very close to the amount actually needed ...
by telemark
Thu Dec 14, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?
Replies: 41
Views: 3069

Re: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?

In the past I've always contributed the yearly maximum, generally on the first trading day of the year. Next year there's some uncertainty about my continuing employment, so I plan to make contributions as the pay checks come in. I assume only the net pay, after deductions, can be counted for this:...
by telemark
Thu Dec 14, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?
Replies: 41
Views: 3069

Re: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?

In the past I've always contributed the yearly maximum, generally on the first trading day of the year. Next year there's some uncertainty about my continuing employment, so I plan to make contributions as the pay checks come in. I assume only the net pay, after deductions, can be counted for this: ...
by telemark
Wed Dec 13, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard VBMFX/VBTLX Bond Fund performance
Replies: 18
Views: 2746

Re: Vanguard VBMFX/VBTLX Bond Fund performance

venkman wrote:
Mon Dec 11, 2017 11:36 pm
They list VBTLX in the category of intermediate bond funds, but that's not really what it is.
Exactly. I think Morningstar also classifies Vanguard total market as a large cap fund, which it sort of is only not.
by telemark
Tue Dec 12, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: detergent without non-recyclable packaging?
Replies: 28
Views: 1660

Re: detergent without non-recyclable packaging?

Arm and Hammer powdered detergent comes in plain cardboard boxes. I buy it at the local Smiths grocery.
by telemark
Tue Dec 12, 2017 12:47 pm
Forum: Personal Consumer Issues
Topic: Concert Decision and Advice
Replies: 41
Views: 2396

Re: Concert Decision and Advice

A good live performance has an excitement and electricity that a recording can't match. Not all live performances are good, but this can't be predicted; that's part of what makes them interesting.
by telemark
Tue Dec 12, 2017 12:42 pm
Forum: Personal Consumer Issues
Topic: Scary episode with "intruder" in the home ... Google Home
Replies: 15
Views: 3989

Re: Scary episode with "intruder" in the home ... Google Home

If you allow for the decade when it was written, Fritz Leiber's "The Creature From the Cleveland Depths" is surprisingly spot on. Or E. M. Forster's "The Machine Stops".
by telemark
Tue Dec 12, 2017 12:52 am
Forum: Personal Consumer Issues
Topic: Space Heater Thermostat Temp-based or just Duty Cycle
Replies: 8
Views: 623

Re: Space Heater Thermostat Temp-based or just Duty Cycle

It depends on the model. I have a Vornado that has a real thermostat, and some others where the dial just adjusts the power output. Even with a real thermostat, the sensor is going to be part of the heating unit and thus located in the warmest part of the room when the heater is running.
by telemark
Sun Dec 10, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 4182

Re: Buying index funds is just as speculative as buying Bitcoin

One other bit of advice: investing and emotions make a bad combination. If you like a company, by all means buy its products, but don't buy its stock, unless you can demonstrate rationally that the price has not already been bid up past its future value. This is why you see Bogleheads buying Teslas ...
by telemark
Sun Dec 10, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 4182

Re: Buying index funds is just as speculative as buying Bitcoin

Index investors buy stocks, but by the nature of index investing they don't set stock prices. By and large, prices are set by active investors, who do care about the underlying companies and research them carefully. This is why we see the occasional accusations that indexers are getting a free ride ...
by telemark
Sun Dec 10, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: Cell signal booster to fix -110 dBm 99aum signal strength
Replies: 9
Views: 598

Re: Cell signal booster to fix -110 dBm 99aum signal strength

That seems odd. I have Republic Wireless with a Moto E4 and the wifi calling works very well. I got it specifically because I spend time in a large building with bad cell coverage but good wifi. 3 Google WIFI devices should definitely give you good coverage. Perhaps your broadband connection is slow...
by telemark
Sat Dec 09, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8928

Re: Why is Vanguard switching all accounts to brokerage accounts?

Are they switching all accounts? :o I have multiple MFs with Vanguard, have been with them decades. I have had no solicitation to convert to a brokerage account. Just saying! It's a rolling conversion, been going on since 2013. Your turn will come eventually. Mine was last spring, and I just ignore...
by telemark
Sat Dec 09, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 8928

Re: Why is Vanguard switching all accounts to brokerage accounts?

As long as we're speculating, I'll speculate that it's a power grab by one division in Vanguard. I'll also speculate that some of these speculations are only speculations. Anyone here who really knows why Vanguard does anything probably also can't talk about it.
by telemark
Fri Dec 08, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: router - can I set it up myself?
Replies: 15
Views: 1144

Re: router - can I set it up myself?

Routers vary widely in what they can do, so which one is best will depend on your situation. Do you need to blanket a large house with fast wifi, or do you have a small apartment with lots of neighbors nearby? Will you be streaming video to multiple devices at once, or is your use limited to checkin...
by telemark
Fri Dec 08, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 88
Views: 6935

Re: Bitcoin now the largest quantifiable bubble in history?

There are some use cases. People in Europe are working and sending money home via BTC to their families. I bought some meds I want to keep private using BTC just because it seemed like a fun thing to do in 2017. Sure, but you don't need a whole bitcoin to do something like that. As long as you buy ...
by telemark
Thu Dec 07, 2017 10:59 pm
Forum: Investing - Theory, News & General
Topic: There Are No Good Reasons to Buy Stock
Replies: 5
Views: 1671

Re: There Are No Good Reasons to Buy Stock

I bought stocks in the beginning of 2016, haven't bought any since and sold a couple of times. That's the great thing about rebalancing to a fixed allocation, you don't have to waste time and energy coming up with "reasons" to buy or sell.
by telemark
Thu Dec 07, 2017 7:03 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 88
Views: 6935

Re: Bitcoin now the largest quantifiable bubble in history?

I was looking for a way to determine the correct value of Bitcoin that would be more rigorous than current methods. So I decided to flip a coin: heads would mean the current price is too high, tails would mean too low, if it landed on its edge that would mean the price is exactly right. But the coin...
by telemark
Wed Dec 06, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1642

Re: Anyone mirror AA acorss multiple accounts ?

Not now, but I mirrored two 401K plans for some years. It was convenient since the Fidelity web site makes it easy to see your allocation and rebalance within a plan. Eventually the bad plan grew enough that I reorganized, made a spreadsheet, and started managing them as a single portfolio.
by telemark
Tue Dec 05, 2017 11:57 am
Forum: Personal Consumer Issues
Topic: Growing Number of Electric Vehicles
Replies: 112
Views: 8671

Re: Growing Number of Electric Vehicles

And they don't use maps any more. I mean they can read directions off their phones, but puzzling their way around a map is impossible. (that, btw, I was travelling in the backwoods of Turkey about 30 years ago, and found that reading maps was just not a skill, people literally could not point to a ...