Search found 596 matches

by Calygos
Thu May 23, 2019 5:26 am
Forum: Investing - Theory, News & General
Topic: Any option traders?
Replies: 28
Views: 1591

Re: Any option traders?

I started a new job earlier this year at a firm whose primary revenue is from options trading. Ironically, compliance reporting requirements and, more importantly, having to get pre-clearance for any personal trading (outside of normal trading like retirement accounts) and holding for at least 10 da...
by Calygos
Thu Apr 25, 2019 2:14 pm
Forum: Personal Investments
Topic: Opinion on VTWAX [Vanguard Total World Stock]
Replies: 115
Views: 12495

Re: Opinion on VTWAX [Vanguard Total World Stock]

There shouldn't be any reason beyond the potential tax implication to shift gradually, but if it's just an Exchange rather than a Sell and Buy, would there be any realized capital gains? In your taxable account, yes they are realized. The exchange between funds is a convenience that fund families o...
by Calygos
Thu Apr 25, 2019 11:36 am
Forum: Personal Investments
Topic: Opinion on VTWAX [Vanguard Total World Stock]
Replies: 115
Views: 12495

Re: Opinion on VTWAX [Vanguard Total World Stock]

All of my equities (with the exception of my new Fidelity 401(k), which is all in FXAIX) are at Vanguard in VTSAX, totalling mid-6 figures across 3 accounts (tIRA=85%, rIRA=2%, taxable=13%). If I wanted to move 100% to VTWAX, what would be the best approach: 100% exchanges in all 3 accounts (probab...
by Calygos
Thu Apr 25, 2019 7:34 am
Forum: Personal Investments
Topic: Opinion on VTWAX [Vanguard Total World Stock]
Replies: 115
Views: 12495

Re: Opinion on VTWAX [Vanguard Total World Stock]

All of my equities (with the exception of my new Fidelity 401(k), which is all in FXAIX) are at Vanguard in VTSAX, totalling mid-6 figures across 3 accounts (tIRA=85%, rIRA=2%, taxable=13%). If I wanted to move 100% to VTWAX, what would be the best approach: 100% exchanges in all 3 accounts (probabl...
by Calygos
Tue Jan 22, 2019 1:44 pm
Forum: Personal Investments
Topic: Saving accounts
Replies: 46
Views: 3581

Re: Saving accounts

FelixTheCat wrote:
Tue Jan 22, 2019 1:03 pm
Savings interest rate at BOA = 0.03%

Savings Interest rate at Ally = 2.20%
Because the bigger banks (BoA, WF, etc.) don't need to compete for your money the way smaller ones like Ally do.
by Calygos
Thu Jan 10, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 63
Views: 5608

Re: MMORPG games

I used to play WoW (BfA was unappealing) and Guild Wars 2 (worked for ArenaNet for several years) and I still play SWTOR, though just as a simple diversion since I really only care to play through the original vanilla class stories.
by Calygos
Mon Jan 07, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

Re: B&M bank in Chicago to complement Ally?

BECU What? They're a Co-Op network member which means that you can use any credit union ATM for free and you can walk into any Co-Op member credit union (most are) as if it were your home credit union. So your best Chicago "bank" is the credit union you already have. I checked BECU's ATM finder and...
by Calygos
Mon Jan 07, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

Re: B&M bank in Chicago to complement Ally?

bryansmile wrote:
Mon Jan 07, 2019 4:40 pm
OP, why not use Alliant as your local 'bank', as it refunds any ATM fees up to $20/month?
As it was pointed out the second reply to me in this thread, the local branch is only open to United employees. One of the things I'd want in a B&M bank is convenient access.
by Calygos
Mon Jan 07, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

Re: B&M bank in Chicago to complement Ally?

We're not in Chicago but have used BofA for many years because they tend to have lots of cash machines for deposits/cash withdrawals and branches for the occasional notarization, etc. We maintain a free checking account there for our routine cash needs which requires only a minimum monthly auto dep...
by Calygos
Mon Jan 07, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

Re: B&M bank in Chicago to complement Ally?

BECU What? They're a Co-Op network member which means that you can use any credit union ATM for free and you can walk into any Co-Op member credit union (most are) as if it were your home credit union. So your best Chicago "bank" is the credit union you already have. I checked BECU's ATM finder and...
by Calygos
Mon Jan 07, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

Re: B&M bank in Chicago to complement Ally?

I did just find out that my new employer doesn't have any association with any credit unions. It turns out Citibank is quite prevalent here, though there are mixed reviews about them on these forums. Any current thoughts about using them?
by Calygos
Mon Jan 07, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

Re: B&M bank in Chicago to complement Ally?

tidelandp wrote:
Mon Jan 07, 2019 12:49 pm
If you’re referring to the Alliant location on S Wacker, access is restricted to United Airlines employees who work at Willis Tower. The only Alliant branch location that's now open to the public is its headquarters on W Touhy.
Aww. Ok, thanks for the heads up on that.
by Calygos
Mon Jan 07, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

Re: B&M bank in Chicago to complement Ally?

Is your employer aligned with any credit union? If not, I would search for one near either home or work or both. https://www.creditunionsonline.com/credit-union-locator.html I don't know but I can ask when I start my new job next month; it's a well-established investment firm so I wouldn't be surpr...
by Calygos
Mon Jan 07, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: B&M bank in Chicago to complement Ally?
Replies: 21
Views: 891

B&M bank in Chicago to complement Ally?

Per some previous threads of mine, I moved from Washington state to Downtown Chicago about 6 weeks ago. Ally is my main bank but I also still have accounts with BECU (though now empty) since I could use their ATMs for rare cash deposits and larger withdrawals when needed and I could take advantage o...
by Calygos
Sun Dec 23, 2018 4:43 am
Forum: Personal Finance (Not Investing)
Topic: Will I have to pay state taxes if I didn't work but had interest income?
Replies: 10
Views: 1415

Re: Will I have to pay state taxes if I didn't work but had interest income?

Given the facts you presented, if I were you, I’d claim no residency in IL for 2018. Sounds like you came to IL in search of a job, and your job will start only in 2019. If you were unable to land a job, quite likely you would have returned to Washington. If you landed a job in another state, quite...
by Calygos
Sat Dec 22, 2018 8:57 am
Forum: Personal Investments
Topic: How to get back to a reasonable AA?
Replies: 2
Views: 377

Re: How to get back to a reasonable AA?

Option A: I assume you are making regular contributions to retirement. Consider redirecting all futher contributions to your retirement portfolio to bonds. It would be nice if thats all you needed to due to eventually get to where you want to be. Then don't look at the statements. You still have XX...
by Calygos
Sat Dec 22, 2018 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Will I have to pay state taxes if I didn't work but had interest income?
Replies: 10
Views: 1415

Re: Will I have to pay state taxes if I didn't work but had interest income?

I moved from WA To IL last month and have not yet worked at a job in this state, though my job search is nearly done (I have one offer in hand and likely two more on the way, for a probable start date in January or February, so no year overlap). However, I do have interest income from my Ally bank ...
by Calygos
Sat Dec 22, 2018 6:54 am
Forum: Personal Investments
Topic: How to get back to a reasonable AA?
Replies: 2
Views: 377

How to get back to a reasonable AA?

This market activity has convinced me I've gotten too aggressive for my age (45 next month) and I'm one of those who had a hard time with how much to allocate to international, so right now across my portfolio I'm about 85% VTSAX and 15% VBTLX, with all of VBTLX in my tIRA. Most (87%) of my portfoli...
by Calygos
Sat Dec 22, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Will I have to pay state taxes if I didn't work but had interest income?
Replies: 10
Views: 1415

Will I have to pay state taxes if I didn't work but had interest income?

I moved from WA To IL last month and have not yet worked at a job in this state, though my job search is nearly done (I have one offer in hand and likely two more on the way, for a probable start date in January or February, so no year overlap). However, I do have interest income from my Ally bank a...
by Calygos
Wed Dec 19, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: Learning about options, derivaties, etc. for the layperson?
Replies: 5
Views: 437

Re: Learning about options, derivaties, etc. for the layperson?

livesoft wrote:
Wed Dec 19, 2018 7:04 pm
CME is a great resource, but for more fun I'd suggest something like "The Quants" a book by Scott Patterson.
I'll take a look, thanks! I do also have Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market on my bookshelf.
by Calygos
Wed Dec 19, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Learning about options, derivaties, etc. for the layperson?
Replies: 5
Views: 437

Re: Learning about options, derivaties, etc. for the layperson?

https://www.amazon.com/gp/product/0133087891/ref=ox_sc_saved_image_9?smid=ATVPDKIKX0DER&psc=1 Full disclosure: its on my reading list, but haven't started yet. It came highly recommended from someone in the business. Thanks for the reference, added it to my Saved for Later list. I had lunch today w...
by Calygos
Wed Dec 19, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Learning about options, derivaties, etc. for the layperson?
Replies: 5
Views: 437

Learning about options, derivaties, etc. for the layperson?

Hey all, I've been interviewing here in downtown Chicago for an IT position with a few prop trading firms and I think I have a good chance at one or more offers. I'm looking for recommendations of layperson-oriented resources (web sites, books, etc.) to learn in more depth about derivatives, options...
by Calygos
Sat Dec 08, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Job search and Finance industry
Replies: 7
Views: 1143

Re: Job search and Finance industry

Bodhi312 wrote:
Fri Dec 07, 2018 11:02 am
Calygos, can you enable PM receipt? I received your PM.
Done! DIdn't realize it was off.
by Calygos
Tue Dec 04, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Job search and Finance industry
Replies: 7
Views: 1143

Re: Job search and Finance industry

Yeah, there’s a difference between market micro structure and personal finance. If u want an intro to the securities industry, you can study and take FINRAs SIE exam. “Dark Pools” by Scott Patterson is a good book on the history of equity market structure and birth of HFT like Tradebot up through t...
by Calygos
Mon Dec 03, 2018 6:46 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2508
Views: 1571648

Re: The Three-Fund Portfolio

I was just glancing at the Three-Fund portfolio wiki page and noticed that the section on other considerations should be updated to reflect Vanguard's recent change to Admiral shares minimums.
by Calygos
Sun Dec 02, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Job search and Finance industry
Replies: 7
Views: 1143

Re: Job search and Finance industry

The world of HFT and the world of personal investing (the topic of this forum) have almost nothing to do with each other. It's like comparing a toothpick and a refrigerator - they are both in the kitchen, but that's where the similarity ends. That said, my favorite book on the subject is A Random W...
by Calygos
Sun Dec 02, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Job search and Finance industry
Replies: 7
Views: 1143

Job search and Finance industry

Hi all, As some of you may recall from my previous post about signing up for COBRA, I recently left my job in Washington state and have moved to downtown Chicago, which is where I am focusing my job search. For a variety of reasons, my primary area of focus is the finance industry. In particular, th...
by Calygos
Sat Nov 24, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: COBRA [signing up for the first time]
Replies: 22
Views: 1214

Re: COBRA [signing up for the first time]

HEDGEFUNDIE wrote:
Sat Nov 24, 2018 8:55 am
What does it mean to say that your employer was “paying it fully” but “in each bi-monthly paycheck deducted about $720”? These two statements are contradictory...
Good catch. The $720 it shows is for employer contributions, I just miswrote that as deduction.
by Calygos
Fri Nov 23, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA [signing up for the first time]
Replies: 22
Views: 1214

Re: COBRA [signing up for the first time]

COBRA is a continuation of the coverage that you had as an active employee. Most insurance companies don't even know/care that you are on COBRA. The only differences are the costs, which are much higher, and that you pay with post-tax dollars. You have 60 days to sign up and then get 45 to pay your...
by Calygos
Fri Nov 23, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA [signing up for the first time]
Replies: 22
Views: 1214

Re: COBRA

In particular, how long can you usually be on COBRA and are there usually any substantive differences from being on it versus how my insurance has been under my employer, other than I have to pay all of it? FWIW, I have Anthem PPO 250, Guardian Dental PPO Standard, and VSP Vision Premier. The Anthe...
by Calygos
Fri Nov 23, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA [signing up for the first time]
Replies: 22
Views: 1214

COBRA [signing up for the first time]

I left my job last week to move to Chicago next week to be near family (and I am looking for something new in that area). My health insurance goes through the end of the month and then I will be signing up for COBRA, which I've never had to do before. I know I will be receiving the paperwork to do s...
by Calygos
Wed Nov 21, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: What financial advice have you been most grateful for?
Replies: 60
Views: 5779

Re: What financial advice have you been most grateful for?

Keep it simple and use index funds. The first I learned of it was a few years ago in a much older article, The best investment advice you'll never get. It was this article that ultimately led me here!
by Calygos
Wed Nov 21, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 106579

Re: How much international stock? A suggestion.

vineviz wrote:
Wed Nov 21, 2018 4:46 pm
Calygos wrote:
Wed Nov 21, 2018 4:37 pm
So a broad range for a vague term like "international"?
What's vague about the term "international" in the context of this discussion?

It's a broad category, for sure, but hardly vague.
Poor word choice on my part, "broad" does indeed more accurately reflect my intended point.
by Calygos
Wed Nov 21, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 106579

Re: How much international stock? A suggestion.

vineviz, in your opinion, how much ex-US stock should a US investor hold in order to be sufficiently diversified? Where is the line? I don't want to duck the question, but I don't think there can be a universal specification for "sufficient" diversification. It will obviously vary by investor. And ...
by Calygos
Wed Nov 21, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 for Mac
Replies: 13
Views: 1511

Re: Quicken 2019 for Mac

The last reply to this thread was a month ago. Anyone have any experience with Quicken 2019 for Mac since then? I'm especially interested since I'm still using Classic YNAB (no desire to use nYNAB) on my Mac but that will stop working with the next major macOS release, so I need to find an alternati...
by Calygos
Wed Nov 21, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 106579

Re: How much international stock? A suggestion.

Even after the tons of threads about international investing with all of the arguments for and against, I'm still unable to come to a decision about whether it's right for me. It seems like there are reasonable arguments on both sides (i.e. zero percent vs. non-zero percent) and thus, for me anyway,...
by Calygos
Tue Nov 20, 2018 6:24 pm
Forum: Personal Consumer Issues
Topic: LastPass vs BitWarden
Replies: 45
Views: 7347

Re: LastPass vs BitWarden

+1 for 1Password. I pay for their cloud sync service, 2.99/month so a one-time 35.88/year fee, and it syncs to my Mac, PC, and iPhone, and gets reasonably frequent updates and improvements. Been incredibly happy with it!
by Calygos
Fri Nov 16, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: One food I could never give up
Replies: 33
Views: 1881

Re: One food I could never give up

Steak. I've been following the carnivore way of eating now for almost 8 months and steak is about 75% of my daily calories (the other 25% typically being eggs and butter) on most days.
by Calygos
Thu Nov 15, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 2.20%]
Replies: 285
Views: 49757

Re: [Ally online savings now at 1.80%]

4strings wrote:
Thu Nov 15, 2018 3:30 pm
Calygos wrote:
Thu Nov 15, 2018 12:08 am
Looks like it's up to 2% now!
you can do so much better with Prime Money Market Funds or even T-Bills.
I don't rate chase so it's nice to see the continued increases. I have two savings accounts and my primary checking, as well as bill pay, so the convenience is nice, as is their web site.
by Calygos
Thu Nov 15, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 2.20%]
Replies: 285
Views: 49757

Re: [Ally online savings now at 1.80%]

Looks like it's up to 2% now!
by Calygos
Mon Nov 05, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is Cloud-Based YNAB Worth It?
Replies: 51
Views: 3271

Re: Is Cloud-Based YNAB Worth It?

I want to like nYNAB but I've stuck to Classic for a few reasons, but also I've found that Classic freezes (basically crashing) much more frequently on macOS as macOS updates continue since YNAB isn't proving bug fixes and other updates for that client. (I'd prefer some kind of Google implementatio...
by Calygos
Mon Nov 05, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Is Cloud-Based YNAB Worth It?
Replies: 51
Views: 3271

Re: Is Cloud-Based YNAB Worth It?

I want to like nYNAB but I've stuck to Classic for a few reasons, but also I've found that Classic freezes (basically crashing) much more frequently on macOS as macOS updates continue since YNAB isn't proving bug fixes and other updates for that client. (I'd prefer some kind of Google implementation...
by Calygos
Sun Nov 04, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3719

Re: How much does a car need to be driven?

OP here! I did get the 30k service done and the battery replaced as it was completely dead and the factory battery. I discussed my concerns with the service department and they put in a much better battery (560 CCA, I think, vs. the 320-ish one that was in there). The rep I worked with also recommen...
by Calygos
Fri Nov 02, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4257

Re: Thoughts on the New Macbook Air?

It's nice they've scrapped the atrocious touch bar (as a Vim user, the touch escape key is infuriating and I have no desire to retrain my hands) but as long as they stick to the butterfly keyboard with nanometer-thick keys, I'm never buying another Apple laptop.
by Calygos
Wed Oct 31, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Best and reasonably priced moving companies for cross country move
Replies: 17
Views: 1059

Re: Best and reasonably priced moving companies for cross country move

Wow, I'm going to closely watch this thread, as I've just really started a new job search and I'm primarily targeting downtown Chicago and I'd be moving from the Seattle metro area.
by Calygos
Tue Oct 30, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3719

Re: How much does a car need to be driven?

+1 for the battery maintainer. I have two cars and often leave one of them for a week or more at a time without driving it. Never had an issue with a dead battery while using the maintainer. With that being said, I use a Battery Tender and have had several of them fail under warranty. One time, a c...
by Calygos
Tue Oct 30, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3719

Re: How much does a car need to be driven?

I don't know that 15 mins driving every month is enough to burn off moisture in the oil. It's definitely not enough to keep the battery charge maintained. All modern cars have parasitic battery drain even when parked. I have a 2003 Porsche that I occasionally drive maybe 1,000 miles/year. It starts...
by Calygos
Mon Oct 29, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3719

Re: How much does a car need to be driven?

I've had my car and battery for 3.5 years and had the car regularly serviced every 6 months like clockwork, last time in May, so I'd be shocked if the battery had a problem, and if it had a limited lifetime, I'd expect them to let me know. Your battery probably has a sticker on it with the manufact...
by Calygos
Mon Oct 29, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3719

Re: How much does a car need to be driven?

I just drove it for about 15 minutes every other Sunday That should be enough. But not sure on newer cars, you may need to drive them longer. Every once in a while, you should take it out and get it to full operating temperature. that might take 20-30 minutes at highway speeds. My guess you need a ...
by Calygos
Mon Oct 29, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: How much does a car need to be driven?
Replies: 43
Views: 3719

Re: How much does a car need to be driven?

My car (2015 Subaru Forester) is dead and I'm getting it jumped later today to drive to the dealership for both recharging or replacing the battery and for a 30k-mile service that would normally be due soon (at 27k now). It's dead probably because I've driven it so little ever since moving to a ver...