Search found 58 matches

by Yankuba
Fri Feb 24, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Peer-to-peer lending as an investment?
Replies: 52
Views: 5546

Re: Peer-to-peer lending as an investment?

I started investing in 2012. According to LC's math, my return is 6.80% (annual) but according to the summary page: I deposited $27,000 I withdrew $28,500 and my account is currently worth $1,500 So it looks like I am up $3,000 on a $27,000 investment over ~4 years - which seems much smaller than 6....
by Yankuba
Fri Feb 24, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: Banks with 2 factor authentication?
Replies: 18
Views: 3995

Re: Banks with 2 factor authentication?

I use Wells Fargo and selected the token authorization. You need to log in and then input the 6 digit number from the token. They send you the token and the cost is $25. Well worth it in my opinion. But I never got charged for the token anyway. The number changes every few seconds. I think they als...
by Yankuba
Sat Jan 14, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason to NOT go all G Fund for Bond Allocation?
Replies: 5
Views: 1046

Re: Any reason to NOT go all G Fund for Bond Allocation?

My bonds are 100% G fund. It's risk free but you earn higher than the risk free rate. It's a rare free lunch
by Yankuba
Sat Jan 07, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Which stock index fund for gift to grandchildren
Replies: 25
Views: 2406

Re: Which stock index fund for gift to grandchildren

letsgobobby wrote:My children (7 and 9) invest exclusively in the Vanguard Target Retirement 2060 fund. It has domestic and international stocks and bonds and that should somewhat mitigate distributions over the years. In my eyes it is a 'set it and forget it' choice.
+1

I would select a target retirement fund
by Yankuba
Sat Jan 07, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: "The 401k Problem We Refuse to Solve"
Replies: 49
Views: 5195

Re: "The 401k Problem We Refuse to Solve"

What I really hate about pensions is that if I die before my 25th year - when I can activate my pension - my heirs get nothing. They don't get the survival benefits of my 24 years of service. But my heirs will get my 401k and IRAs. It all depends. If by "heirs" you mean spouse/children, in fact the...
by Yankuba
Fri Jan 06, 2017 3:10 pm
Forum: Investing - Theory, News & General
Topic: "The 401k Problem We Refuse to Solve"
Replies: 49
Views: 5195

Re: "The 401k Problem We Refuse to Solve"

Personally, although I hope to get a federal pension in 10 years I think we need to move away from pensions. Pensions lock people into jobs and prevent people from making career moves. I need 25 years of service to retire early but I started hating my job after 10. But it would be financial suicide ...
by Yankuba
Thu Dec 29, 2016 1:02 pm
Forum: Investing - Theory, News & General
Topic: All your eggs in one basket vs. concern about being hacked?
Replies: 41
Views: 6027

Re: All your eggs in one basket vs. concern about being hacked?

Vanguard says they will make you whole: "Our online fraud policy Our commitment regarding online security is simple. If assets are taken from your account in an unauthorized online transaction on vanguard.com—and you've followed the steps described in the "Your responsibilities" section of our onlin...
by Yankuba
Wed Dec 07, 2016 10:57 am
Forum: Personal Consumer Issues
Topic: Computer hacked. Next?
Replies: 15
Views: 2137

Re: Computer hacked. Next?

I fell for this scam. I had an e-mail issue, Googled for help, found a link for a Microsoft (800) number and called it. An Indian guy answered, I walked him through the problem and I gave him access to my machine. I didn't think it was unusual to give remote access because that is what I do with Del...