Search found 71 matches

by tman9999
Tue Oct 20, 2020 4:12 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Interesting. It would basically eliminate the need for bitcoin and the like. Except for maybe speculation and illegal activity. Not really. By "bitcoin and the like" I assume you mean the various digital tokens and coins that being traded around on crypto exchanges. Some are known as &quo...
by tman9999
Tue Oct 20, 2020 10:33 am
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

For those who are skeptical about whether digital currency and crypto are here for the long haul, just read that Fed Reserve Chairman Jerome Powell will be speaking at the IMF on digital currency today. https://www.reuters.com/article/us-usa-fed-powell-idUSKBN2702YL Interesting data point. Thanks f...
by tman9999
Mon Oct 19, 2020 9:45 am
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

For those who are skeptical about whether digital currency and crypto are here for the long haul, just read that Fed Reserve Chairman Jerome Powell will be speaking at the IMF on digital currency today. https://www.reuters.com/article/us-usa- ... SKBN2702YL

Interesting data point.
by tman9999
Wed Oct 07, 2020 10:05 am
Forum: Investing - Theory, News & General
Topic: Dying Broke (On Purpose) Article
Replies: 138
Views: 11011

Re: Dying Broke (On Purpose) Article

If you knew the exact day you would die, then you could plan it like that. However since we don't know that day, we don't want to be eating dog food in our twilight years. It's better to be over prepared than under prepared. +1 Precisely! People often ignore the spouse that gets left behind or the ...
by tman9999
Wed Oct 07, 2020 12:10 am
Forum: Investing - Theory, News & General
Topic: Dying Broke (On Purpose) Article
Replies: 138
Views: 11011

Re: Dying Broke (On Purpose) Article

I love this idea. Been thinking about it a lot lately - decumulation, and how to make our savings last for 30-40 years in retirement with almost no DB pension income apart from SSA. I was just reading an article about how many retirees get stuck on a total savings number and do everything they can t...
by tman9999
Tue Aug 25, 2020 4:07 pm
Forum: Investing - Theory, News & General
Topic: SigFig wins 2020 Q2 Robo Report ranking
Replies: 5
Views: 727

Re: SigFig wins 2020 Q2 Robo Report ranking

These reports are mostly worthless as the difference in performance is just whichever tilt is currently doing the best at the time. The purpose of a robo is not to get you performance or to increase your return but to provide a hands off approach and will give you the return of whatever strategy th...
by tman9999
Sun Aug 16, 2020 4:11 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Claims that very risky loans are "guaranteed" and "can't default" to me is purely disinformation. You are just repeating the claims by industry insiders that really are designed to funnel more money into crypto without consideration for actual risk. I didn’t say “guaranteed”. I ...
by tman9999
Sat Aug 15, 2020 3:05 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Clearly you understand how higher returns come from decreased fees on funds. You also understand that online savings accounts have lower expenses than brick and mortar. You are still not sure where the higher returns are coming from crypto exchanges? Lower operating expenses than traditional banks ...
by tman9999
Sat Aug 15, 2020 2:31 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

I asked you before, why is the interest rate so high compared to other forms of investments out there? It is because you are taking in more risk. There is nothing wrong with taking on more risk to reap higher rewards but one should understand what that risk really is. Your statement “without taking...
by tman9999
Sat Aug 15, 2020 12:02 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Something I find very interesting regarding cryptos is how evalangetical many of its holders become. It makes sense though. It is in the best interest to spread the word and get more people interested. Without increasing demand, price does not go up. Look up yield farming. Interest on savings is an...
by tman9999
Fri Aug 14, 2020 6:39 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Actually - that part of all the comments is the one likely founded in drawing from long term actual experiences - from those that have gone before you... :oops: - but my guess is you're not actually ready to 'hear' any of that for the most part - since you're excited about the speculative nature of...
by tman9999
Wed Aug 12, 2020 1:55 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

I guess optimistic me figures it like this: 1. yes, it's early days, and much needs to be worked out. 2. but rather than wait for everything to be perfect, get involved now in a small way in order to learn how it works, and already be set up and ready to as/when things become more assured. 3. then,...
by tman9999
Wed Aug 12, 2020 10:59 am
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

OP, Thanks for raising the topic. I was an early adopter / investor in a few different crypto assets, and am up a bunch even after the big crash (but boy do I wish I had cashed more out!). Yw. I know a few people in similar boat (early BTC buyers). I wish I had bought just one back in early days - ...
by tman9999
Wed Aug 12, 2020 10:48 am
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

I've put some money into AnchorUSD. They say they offer "upto 8%" in interest on the first $5,000 you invest. It looked reasonably reliable to me: - https://www.anchorusd.com/ - https://www.investopedia.com/news/ibm-launches-stablecoin-backed-fdicinsured-banks/. I figure that in the very ...
by tman9999
Sun Aug 09, 2020 9:45 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Claims that very risky loans are "guaranteed" and "can't default" to me is purely disinformation. You are just repeating the claims by industry insiders that really are designed to funnel more money into crypto without consideration for actual risk. I didn’t say “guaranteed”. I ...
by tman9999
Sun Aug 09, 2020 9:05 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Actually, Facebook might be a better platform for your disinformation. Wow, crytpo cures coronavirus too and magically can determine who is eligible for PPP. So you are saying DeFi is going to track how many employees a business actually has so as to be able to effectively make an eligibility deter...
by tman9999
Sun Aug 09, 2020 11:35 am
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

How do you know you’re not helping terrorists and drug cartels obtain “liquidity”? Good question. This is where the regulatory environment is still playing catch up. KYC (know your customer) and AML (anti-money laundering) rules are still evolving in the digital asset realm. OTOH, transactions on t...
by tman9999
Sun Aug 09, 2020 10:09 am
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Who is borrowing at greater than 8%? Crypto speculators? And what happens if cryptos don’t go up more than that? You try to get out quick before borrowers default? And in what sense is it guaranteed? Miners and VC’s that back crypto startups with large positions in cryptos like bitcoin may have lar...
by tman9999
Sat Aug 08, 2020 10:49 am
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

Well it’s certainly an interesting topic to me; and this thread has produced a few new aspects of it to consider and investigate. The naysaying isn’t particularly helpful - the “if it’s too good to be true” comments don’t add anything. The most striking thing to me about the comments here is that it...
by tman9999
Fri Aug 07, 2020 6:42 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

The defi (decentralized finance) platforms operate leaner than the centralized ones, run everything entirely on the blockchain, and are non-custodial (you keep control of your assets). To me you are just whispering sweet nothings lacking in real meaningfulness. Actually every one of those terms has...
by tman9999
Fri Aug 07, 2020 6:19 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

You could earn over 8% interest on a US Dollar Coin (USDC) deposit, compounded monthly without volatility. Does this statement comport with your fundamental beliefs about risks versus returns? Actually, it doesn't dis-comport with it... If you really believe this, then why limit this to your cash? ...
by tman9999
Fri Aug 07, 2020 4:37 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Re: Anyone using crypto exchanges to earn higher interest on their cash?

You could earn over 8% interest on a US Dollar Coin (USDC) deposit, compounded monthly without volatility. Does this statement comport with your fundamental beliefs about risks versus returns? Actually, it doesn't dis-comport with it... If you look at lending rates on term loans for small businesse...
by tman9999
Fri Aug 07, 2020 2:00 pm
Forum: Personal Investments
Topic: Anyone using crypto exchanges to earn higher interest on their cash?
Replies: 90
Views: 7805

Anyone using crypto exchanges to earn higher interest on their cash?

I've been researching crypto exchanges and lending for a few months now. While Bitcoin and various scams and hacks associated with it get all the press, there is a lot of other activity in digital currency world that has not gotten nearly as much media coverage. These exchanges are fast. Not sure ho...
by tman9999
Mon Mar 16, 2020 10:34 am
Forum: Investing - Theory, News & General
Topic: Why all these timing threads?
Replies: 67
Views: 3662

Re: Why all these timing threads?

Dunno. Could be greed, not fear. I know I'm looking at things and thinking about when it might be time to deploy some dry powder. At the very least I'm glad my robo is rebalancing and doing my TLH for me, which is helping to capture some alpha from this. Just seems like a juicy opportunity for some ...
by tman9999
Mon Mar 09, 2020 10:07 am
Forum: Investing - Theory, News & General
Topic: "Don't Use the 200-Day Moving Average as a Sell Signal" - Ben Carlson
Replies: 44
Views: 4425

Re: "Don't Use the 200-Day Moving Average as a Sell Signal" - Ben Carlson

Curious what B-Banders are thinking about the latest market gyrations. I'm just starting to learn about how to use the 200 dma approach, and am thinking right now is either the exact right time to try it; or the exact worst time to try it. Thoughts?? (Sitting about 55/45 including dry powder, with 6...
by tman9999
Tue Feb 18, 2020 5:54 pm
Forum: Investing - Theory, News & General
Topic: New CEF offering - new idea, or same old same old?
Replies: 2
Views: 247

Re: New CEF offering - new idea, or same old same old?

indexfundfan wrote: Tue Feb 18, 2020 5:01 pm If you really want to buy the CEF, do not buy it during the IPO, because most new CEFs will trade with a discount after the IPO.
Thanks for that - so sounds like more of the same (the other posts I read mentioned trading at a discount).
Thanks!
by tman9999
Tue Feb 18, 2020 4:55 pm
Forum: Investing - Theory, News & General
Topic: New CEF offering - new idea, or same old same old?
Replies: 2
Views: 247

New CEF offering - new idea, or same old same old?

Saw this announcement today for a BlackRock/Prism offering of a 4 year closed end fund, offering 7% income return, DRIP option, and managed via BlackRock's institutional arm. 1% annual fee plus "up to 0.5%" administrative fee. After researching a few threads about CEFs here as well as skim...
by tman9999
Tue Jan 28, 2020 7:59 pm
Forum: Personal Investments
Topic: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]
Replies: 94
Views: 13889

Re: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]

Was playing around with watchman1675's lazy 4 fund, backtesting it against a 60/40 BH lazy 3 and VSMGX. Watchman's lazy 4 outperformed the other two, both on income generation as well as total return. I then wondered what would happen if I replaced 5% of the bond position with VNQ real estate ETF, ...
by tman9999
Tue Jan 28, 2020 6:20 pm
Forum: Personal Investments
Topic: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]
Replies: 94
Views: 13889

Re: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]

The ideal VSMGX Portfolio composition tweaked for me would be Vanguard Total Stock Market Index Fund Investor Shares 40.00% Vanguard Total Bond Market II Index Fund Investor Shares† 27.00% Vanguard Total International Stock Index Fund Investor Shares 20.00% Vanguard Total International Bond Index F...
by tman9999
Tue Jan 28, 2020 5:32 pm
Forum: Personal Investments
Topic: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]
Replies: 94
Views: 13889

Re: Super Lazy portfolio, just VSMGX? [Vanguard LifeStrategy Moderate Growth]

The ideal VSMGX Portfolio composition tweaked for me would be Vanguard Total Stock Market Index Fund Investor Shares 40.00% Vanguard Total Bond Market II Index Fund Investor Shares† 27.00% Vanguard Total International Stock Index Fund Investor Shares 20.00% Vanguard Total International Bond Index F...
by tman9999
Sat Jan 11, 2020 3:33 pm
Forum: Investing - Theory, News & General
Topic: Spreadsheet - Fetching ETF expense ratio, Bid/Ask Spread & Turnover
Replies: 12
Views: 4541

Re: Spreadsheet - Fetching ETF expense ratio, Bid/Ask Spread & Turnover

Glad you found it useful. Try something like this (with A58) for the ticker symbol: =INDEX(importHTML(CONCATENATE("http://etfs.morningstar.com/quote-banner?&t=", A58), "table", 2),0,11) Returns " Category Large Blend " I'm sure you can find a way to remove the word...
by tman9999
Fri Jan 10, 2020 7:23 pm
Forum: Investing - Theory, News & General
Topic: Spreadsheet - Fetching ETF expense ratio, Bid/Ask Spread & Turnover
Replies: 12
Views: 4541

Re: Spreadsheet - Fetching ETF expense ratio, Bid/Ask Spread & Turnover

Regarding BID/ASK (and some other interesting stuff), you should look at what this web page looks like in your browser; http://etfs.morningstar.com/quote-banner?&t=IVV That's what that second command =INDEX(SPLIT(INDEX(importHTML(CONCATENATE("http://etfs.morningstar.com/quote-banner?&t...
by tman9999
Mon Dec 02, 2019 12:16 pm
Forum: Investing - Theory, News & General
Topic: iTDF - silver bullet for accumulation and decum??
Replies: 9
Views: 638

Re: iTDF - silver bullet for accumulation and decum??

I think that tools like Vanguard's PAS come very close to providing the solution you are describing. Once someone starts to think about the massive set of parameters that actually go into a simple retirement portfolio withdrawal strategy, you realize that the number of ETFS required is nearly infin...
by tman9999
Mon Dec 02, 2019 10:49 am
Forum: Investing - Theory, News & General
Topic: iTDF - silver bullet for accumulation and decum??
Replies: 9
Views: 638

Re: iTDF - silver bullet for accumulation and decum??

Are you confident that this is a commercially available product? Reading the article, the last paragraph appears to be a request for financial backing to create these products. Agree. This is written by a Danish university professor who is working on making this available in Denmark, and advocating...
by tman9999
Sun Dec 01, 2019 10:07 pm
Forum: Investing - Theory, News & General
Topic: iTDF - silver bullet for accumulation and decum??
Replies: 9
Views: 638

Re: iTDF - silver bullet for accumulation and decum??

I thought this summed it up nicely, and is what I’ve been anticipating will become the norm. Not there yet, but I think this guy’s on the right track. Relying on a robust algorithmic framework, iTDFs will fit easily into an increasingly digitalised and mass-customised world and can be delivered as f...
by tman9999
Sun Dec 01, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: iTDF - silver bullet for accumulation and decum??
Replies: 9
Views: 638

iTDF - silver bullet for accumulation and decum??

Anyone investigated this? Can’t find much about it on interwebs, and only one mention of iTDF on B-heads. https://www.ipe.com/pensions/pensions/briefing/itdfs-a-formula-to-end-retirement-blues/10034783.article Key points * iTDFs combine two multi-asset funds, varying the asset mix algorithmically ov...
by tman9999
Fri Jul 26, 2019 7:37 pm
Forum: Investing - Theory, News & General
Topic: The Bucket Approach
Replies: 84
Views: 8953

Re: The Bucket Approach

[SNIP] I have a detailed IPS and Retirement Policy Statement (RPS) as well. Reading, posting and learning from the forum has been invaluable. WoodSpinner Does anyone have a sample IPS and RPS I could use to create my own? Or maybe a template? Take a look at this Post for some of the highlights. Exc...
by tman9999
Fri Jul 26, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: The Bucket Approach
Replies: 84
Views: 8953

Re: The Bucket Approach

WoodSpinner wrote: Tue Jul 23, 2019 3:07 pm [SNIP]
I have a detailed IPS and Retirement Policy Statement (RPS) as well. Reading, posting and learning from the forum has been invaluable.

WoodSpinner
Does anyone have a sample IPS and RPS I could use to create my own? Or maybe a template?
by tman9999
Mon Jul 08, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1021
Views: 322036

Re: Retiree Portfolio Model

Since I do my own taxes and financial planning I could use some help with with my RPM model. Before I start doing ROTH conversions for this tax year and planning for subsequent years, I'd love for someone to sanity check my inputs as well as confirm the conclusions I've reached based on the outputs....
by tman9999
Sat Jun 15, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Wealthfront to offer "Path" for free to the public
Replies: 6
Views: 1898

Re: Wealthfront to offer "Path" for free to the public

I was curious and gave it a try. I think it's basically just a Monte Carlo that uses your linked accounts and a few assumptions, not really anything different from the dozens of simulators out there that you have to manually enter your data into. There didn't seem to be much information about the a...
by tman9999
Thu Jun 13, 2019 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1021
Views: 322036

Re: Retiree Portfolio Model

Thanks!
by tman9999
Thu Jun 13, 2019 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 1021
Views: 322036

Re: Retiree Portfolio Model

Hello there - just found this model after playing around with I-ORP for awhile, and I'm really liking it. Thank you! What attracted me to RPM in the first place was the Roth Conversion benefit estimator. My wife and I both have large tIRA accounts, and small RothIRA accounts; and we're about a year ...
by tman9999
Thu Jun 13, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Wealthfront to offer "Path" for free to the public
Replies: 6
Views: 1898

Re: Wealthfront to offer "Path" for free to the public

Any updates on this - how Path compares to Personal Capital? I've just started investigating both after taking advantage of WF's 2.51% no-fee savings account offer. Thinking about linking investment portfolios to WF Path to see what it tells me.
by tman9999
Sat Apr 20, 2019 10:39 am
Forum: Personal Investments
Topic: [401k Allocation]
Replies: 9
Views: 1029

Re: [401k Allocation]

Neat article. What is in the green "Diversified" portfolio? Good question. The article doesn’t actually say, so I emailed the author (Randy Kurtz) and asked him. Here is his reply: The diversified portfolio mentioned is a hypothetical portfolio evenly weighted between U.S. stocks, U.S. bo...
by tman9999
Fri Apr 19, 2019 12:30 pm
Forum: Personal Investments
Topic: [401k Allocation]
Replies: 9
Views: 1029

Re: [401k Allocation]

It is just the time frame used, being the last 15 years. Overall there is almost no difference in total return. Speaking of timeframe...check out this great article (it's brief) about sequencing risk with a very simple yet illuminating set of comparison examples: https://www.fa-mag.com/news/range-o...
by tman9999
Sun Feb 24, 2019 5:57 pm
Forum: Personal Investments
Topic: Almost there - portfolio checkup
Replies: 6
Views: 1065

Re: Almost there - portfolio checkup

We are in the 24% tax bracket for the 2019 tax year. In 2020 we expect to be in the 12% (or possibly 22%) bracket since our only earnings will be from unqualified dividends and interest from the after-tax side of our portfolio. Regarding Roth conversions, I would not do any in the 24% bracket. Wail...
by tman9999
Sat Feb 23, 2019 6:34 pm
Forum: Personal Investments
Topic: Almost there - portfolio checkup
Replies: 6
Views: 1065

Re: Almost there - portfolio checkup

Thank you, @retiredg, for your reply, and suggestions/requests for clarification. In order to see what you have, we need to know what accounts you have and what is in them. See the link at the bottom of this message for how to show that. Please note that you should show each position as a percentage...
by tman9999
Fri Feb 22, 2019 3:58 pm
Forum: Personal Investments
Topic: Almost there - portfolio checkup
Replies: 6
Views: 1065

Almost there - portfolio checkup

I quit working last May, will turn 60 this fall, and my wife is 8 years younger than me, still working. We're hoping she can hang on for another year, and then she'll quit as well. I'm a bit concerned about funding the next 11 years (me=70, she=62), at which point I'll start SS, and we'll decide the...
by tman9999
Fri Feb 22, 2019 2:58 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts about defined outcome ETFs?
Replies: 12
Views: 1447

Re: Any thoughts about defined outcome ETFs?

Thank you! Been awhile since I've checked in here and just saw your message.