Search found 2305 matches

by Ketawa
Thu Jan 28, 2021 12:02 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

I never thought I'd be asking this question, but is there a place where it's easy to look up how much of a fund is in one stock? I hold QSMLX, a share class of AQR Small-Cap Multi-Style Fund, and the first place I looked was its Semi-Annual Report. Dated 9/30/20, it showed 41,906 shares held worth $...
by Ketawa
Mon Jan 25, 2021 9:29 pm
Forum: Personal Consumer Issues
Topic: What's your favorite reasonably priced gin?
Replies: 106
Views: 7419

Re: What's your favorite reasonably priced gin?

I got into making classic cocktails as a pandemic (and likely lifelong) hobby. I started with Bombay for gin drinks, but I've found that Bombay Sapphire is vastly superior in a martini and other cocktails, and still under $40 for 1.75L. I also picked up some Beefeater and Hendrick's to taste test. ...
by Ketawa
Mon Jan 11, 2021 12:51 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

I use QSMLX. Since its inception, it happens to have outperformed every other major SCV fund that I can think of. Shouldn't it be compared to blend like SMLF? QSMLX explicitly targets exposure to small and value. It also targets momentum and quality, which make it look like a small blend fund in th...
by Ketawa
Sun Jan 10, 2021 2:50 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

Does anyone get there small-cap value allocation from a mutual fund? Seems like most of the discussion here is ETFs. I use QSMLX. Since its inception, it happens to have outperformed every other major SCV fund that I can think of. Its $5,000,000 minimum investment is a bit steep, as well as its 0.6...
by Ketawa
Sun Jan 10, 2021 2:34 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

manlymatt83 wrote: Sun Jan 10, 2021 12:23 pm Does anyone get there small-cap value allocation from a mutual fund? Seems like most of the discussion here is ETFs.
I use QSMLX. Since its inception, it happens to have outperformed every other major SCV fund that I can think of.
by Ketawa
Wed Dec 16, 2020 10:00 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4979
Views: 952786

Re: What's Your Credit Card Rewards Strategy?

Regarding the Chase Sapphire new account bonus every 4 years, I have a CSR which I just downgraded to CSP to avoid paying the whopping annual fee. I opened it originally in August 2017. Can I convert it to something like a Freedom card and still be eligible for a new new account bonus starting in S...
by Ketawa
Thu Nov 05, 2020 2:07 pm
Forum: Personal Consumer Issues
Topic: XBox One S vs XBox Series S for first gaming unit
Replies: 18
Views: 978

Re: XBox One S vs XBox Series S for first gaming unit

Get the Xbox Series S, if you can find one, instead of the Xbox One S. If your child is interested in playing games like Call of Duty, FIFA, and Madden with friends, those games have annual releases, and new releases will support the Xbox One S for only a few years at most. As mentioned, the SSD wil...
by Ketawa
Tue Oct 27, 2020 2:52 pm
Forum: Personal Investments
Topic: Roth 401(k) always worse than Traditional 401(k)
Replies: 54
Views: 6250

Re: Roth 401(k) always worse than Traditional 401(k)

Though this is a common question, it is an important one. Assuming no change in tax rates, the outcome should be identical between traditional and Roth. I did not review your spreadsheet but if this isn’t the case, than there might be a calculation issue. Not quite true, right? Exactly true as I ha...
by Ketawa
Tue Oct 20, 2020 12:28 pm
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 30466

Re: Should We Ever Save for Children's College?

I didn't read this entire thread because I can only read one 300+ post thread debating saving for college, and that one was Cost of college and 529 , which is now locked. My takeaway from it was: This thread was fun. I read the whole thing. After considering all the arguments, I believe that for mos...
by Ketawa
Thu Oct 15, 2020 11:28 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 323949

Re: Coronavirus and the market

Stef wrote: Thu Oct 15, 2020 5:22 am Let's see if the market is truely efficient. Numbers are rising globally, close to exploding. If the market crashes again in the following weeks/months, than you can safely assume that EMH is BS.
Explanation needed.
by Ketawa
Tue Sep 29, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4979
Views: 952786

Re: What's Your Credit Card Rewards Strategy?

I need your advice. I have an American Express Gold Card which has a 250$ annual fee. I dont use it that much to make it worth the 250$ fee. I have about 35k points. What would be the best card to product change to ( with AE) so it doesnt affect my credit and I cam get some rewards also. I called A...
by Ketawa
Fri Sep 25, 2020 11:21 am
Forum: Personal Consumer Issues
Topic: What's your favorite reasonably priced gin?
Replies: 106
Views: 7419

Re: What's your favorite reasonably priced gin?

I got into making classic cocktails as a pandemic (and likely lifelong) hobby. I started with Bombay for gin drinks, but I've found that Bombay Sapphire is vastly superior in a martini and other cocktails, and still under $40 for 1.75L. I also picked up some Beefeater and Hendrick's to taste test.
by Ketawa
Fri Sep 25, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: New iShares 25+ Year Treasury ETF
Replies: 41
Views: 3789

Re: New iShares 25+ Year Treasury ETF

I guess it's always good to have alternatives but I can't see any advantage over the well-established EDV at the moment. I wonder if there will be any differences compared to EDV, for example precise duration, that might enable it to be used as a tax-loss harvesting partner though... EDV and ZROZ t...
by Ketawa
Mon Sep 21, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: AQR still singing the same song
Replies: 121
Views: 10741

Re: AQR still singing the same song

Isn't QSMLX multifactor rather than small-value? EDIT: Per morningstar it actually has a growth tilt, not a value tilt: https://www.morningstar.com/funds/xnas/qsmlx/portfolio It is multifactor, adding momentum and quality to small cap and value. The fund has had a significant load on value factors,...
by Ketawa
Thu Sep 17, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: AQR still singing the same song
Replies: 121
Views: 10741

Re: AQR still singing the same song

Fun to see all the people who endlessly bash factor investing in this thread with the same tired arguments. Meanwhile, I'm happily plugging along with my AQR funds, which I have held since 2014. My entire IRA is AQR funds. QSMLX has outperformed every other noteworthy small cap value fund since its ...
by Ketawa
Tue Aug 25, 2020 12:25 pm
Forum: Personal Investments
Topic: TSP: G and F fund
Replies: 30
Views: 3905

Re: TSP: G and F fund

With 2 M, a return of 4% (F Fund avg) gives us a 96,000 income annually, a 50% increase (2% is the G Fund avg). The G Fund is currently returning a yield of .065 this past year in 2020. Each 1% equals to 20,000 dollars (2 M total in TSP accounts) so it appears that although its a no brainer to inve...
by Ketawa
Tue Aug 25, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: Changing how the Fed views inflation
Replies: 32
Views: 2315

Re: Changing how the Fed views inflation

Seasonal wrote: Tue Aug 25, 2020 10:05 am ketawa, if you're not reading Scott Sumner, you should https://www.themoneyillusion.com/
I do.
by Ketawa
Tue Aug 25, 2020 9:52 am
Forum: Investing - Theory, News & General
Topic: Changing how the Fed views inflation
Replies: 32
Views: 2315

Re: Changing how the Fed views inflation

To my understanding (not an economist at all), if this was implemented, it would be a move towards a "level targeting" policy. If the Fed has a 2% inflation target, but misses it and inflation is 1% instead, then one possible implementation of level targeting is that it could attempt to ta...
by Ketawa
Fri Aug 21, 2020 6:34 am
Forum: Investing - Theory, News & General
Topic: Is there a risk in putting your cash in CDs and then buying TIPs if inflation pick up?
Replies: 10
Views: 1028

Re: Is there a risk in putting your cash in CDs and then buying TIPs if inflation pick up?

But basically, if inflation goes up higher than expected, and I didn't have any TIPs, if I buy them later it will be less advantageous since their yields will have gone down to account for the higher inflation, and so I'll buy them at a higher price. Is that right? No. TIPS are priced in real yield...
by Ketawa
Thu Aug 13, 2020 9:37 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

There is no question that MTUM has done well during its lifetime but a lot of its success relative to VOO (S&P 500) is due to the fact that it has concentrated in LCG especially one segment mega-cap tech. First of all, finding a winner relative to the LC cap weight index with the Momentum its n...
by Ketawa
Thu Aug 13, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

Forester wrote: Worst case yes but with less lumpy returns. a smarter way to own megacap stocks. Case for low vol / mommentum barbell instead of market weight index; https://www.fortunefinancialadvisors.c ... m-barbell/ The quoted article, https://www.fortunefinancialadvisors.com/blog/the-case-for-...
by Ketawa
Wed Aug 12, 2020 10:03 am
Forum: Investing - Theory, News & General
Topic: I Got Burned: Selling mutual fund and simultaneously purchasing ETF
Replies: 164
Views: 8321

Re: I Got Burned: Selling mutual fund and simultaneously purchasing ETF

I still don't get it. How can you guarantee a sell on one ETF and a buy on another at the same time? For liquid ETFs like VBR and VIOV, I would just use a market order or a limit order set a few cents from the current bid/ask. Personally, I don't even bother with limit orders or trying to predict w...
by Ketawa
Wed Aug 05, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Any fundamental reasons that a co-op would be cheaper than a condo?
Replies: 15
Views: 1429

Re: Any fundamental reasons that a co-op would be cheaper than a condo?

Those HOA fees are opposite of what I see in my area. Co-op HOA fees include property taxes so are higher than for comparable condo units since condo owners pay property taxes themselves. Maybe there's something unique about how units are taxed where you live. I did not list the full HOA fees, whic...
by Ketawa
Wed Aug 05, 2020 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Any fundamental reasons that a co-op would be cheaper than a condo?
Replies: 15
Views: 1429

Re: Any fundamental reasons that a co-op would be cheaper than a condo?

- Traditionally it's been much harder to get a mortgage, so the pool of buyers was limited to those with cash or alternative financing, which meant lower demand and they were harder to sell. This is starting to change now. I was able to get a mortgage through a major national lender. Which lender d...
by Ketawa
Wed Aug 05, 2020 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Any fundamental reasons that a co-op would be cheaper than a condo?
Replies: 15
Views: 1429

Re: Any fundamental reasons that a co-op would be cheaper than a condo?

I talked to my coworker who owns a unit in the co-op, and she did not have any major concerns with the management or building. It sounded like a pretty typical homeowning experience. Units are regularly sold or approved to rent out without any issues. As mentioned in this thread, I have noticed that...
by Ketawa
Mon Aug 03, 2020 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Any fundamental reasons that a co-op would be cheaper than a condo?
Replies: 15
Views: 1429

Re: Any fundamental reasons that a co-op would be cheaper than a condo?

I live in a co-op and researched this when I bought. Seems to boil down to a couple major things: - Traditionally it's been much harder to get a mortgage, so the pool of buyers was limited to those with cash or alternative financing, which meant lower demand and they were harder to sell. This is st...
by Ketawa
Mon Aug 03, 2020 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Any fundamental reasons that a co-op would be cheaper than a condo?
Replies: 15
Views: 1429

Re: Any fundamental reasons that a co-op would be cheaper than a condo?

Underlying mortgages on co-op buildings. I don't understand why this is a major issue, unless the co-op doesn't have a competitive interest rate. I'll have to investigate. Listings also include the underlying mortgage balance and payment. The underlying mortgage payment is around the same as for a ...
by Ketawa
Mon Aug 03, 2020 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Any fundamental reasons that a co-op would be cheaper than a condo?
Replies: 15
Views: 1429

Re: Any fundamental reasons that a co-op would be cheaper than a condo?

My comments in red. I can think of a couple of reasons. First, have you eliminated the non co-op reasons? 1. It may well be a difference in the buildings. Location, amenities, age, etc. I don't think this is a major contributor, but I'll have to take a look at the units and common areas. The co-op i...
by Ketawa
Mon Aug 03, 2020 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Any fundamental reasons that a co-op would be cheaper than a condo?
Replies: 15
Views: 1429

Any fundamental reasons that a co-op would be cheaper than a condo?

I live in downtown DC and my lease will be up for renewal in January. I have been here 3 years and am considering purchasing a home in the same neighborhood where I currently live, as my long-term situation is now stable. With the pandemic making city life temporarily less attractive and mortgage ra...
by Ketawa
Fri Jul 31, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

I'm rejoicing that 2020 performance has enabled my domestic SCV fund, QSMLX, to pull ahead of alternatives like VBR, IJS, RZV, and DFSVX since the inception of QSMLX. Link here. QSMLX is a multi-factor fund (small, value, momentum, quality).

Image
by Ketawa
Sat Jul 18, 2020 9:38 am
Forum: Investing - Theory, News & General
Topic: Derivatives as a Source of Tax Alpha
Replies: 7
Views: 425

Re: Derivatives as a Source of Tax Alpha

It's possible to use derivatives to generate TLH opportunities. I documented my process to do it in this thread, but probably won't bother again; it wasn't worth the effort to me. Generating TLH opportunities by writing call options Thanks. That's very similar to a scenario I discussed above. Did y...
by Ketawa
Sat Jul 18, 2020 9:10 am
Forum: Investing - Theory, News & General
Topic: Derivatives as a Source of Tax Alpha
Replies: 7
Views: 425

Re: Derivatives as a Source of Tax Alpha

It's possible to use derivatives to generate TLH opportunities. I documented my process to do it in this thread, but probably won't bother again; it wasn't worth the effort to me. Generating TLH opportunities by writing call options
by Ketawa
Sat Jul 11, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

I hadn't bothered to look at the performance of my individual holdings relative to other factor funds, but it looks like my AQR multi-style funds have done quite well recently when compared to alternatives that don't target momentum. QSMLX: a lot better than IJS, AVUV, QVAL, RZV QICLX: a lot better ...
by Ketawa
Tue Jun 23, 2020 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto Insurance] GEICO not increasing deductible above $2500
Replies: 6
Views: 644

Re: [Auto Insurance] GEICO not increasing deductible above $2500

You say you don’t want to pay higher premium for risk you don’t want covered. If that’s the case, then lower your liability limits. The other option is to just remove collision and comprehensive coverage completely. There's a vast difference between lowering liability limits, and declining to insur...
by Ketawa
Tue Jun 23, 2020 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto Insurance] GEICO not increasing deductible above $2500
Replies: 6
Views: 644

Re: [Auto Insurance] GEICO not increasing deductible above $2500

Like Wind_Reaver said, it may depend on your state's laws. My vehicle is insured with GEICO and is not financed; my max deductible available through GEICO's web site is $1500 for both collision and comprehensive.
by Ketawa
Wed Jun 10, 2020 2:48 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

Mind linking to a thread where you explain your RBD methodology and whether it has improved returns. I've seen you discuss timing the market repeatedly without articulating what you're doing. From what I can tell, it seems like there is some objective measure you have combined with a lot of subject...
by Ketawa
Tue Jun 02, 2020 10:14 am
Forum: Personal Investments
Topic: Mortgage prepayments
Replies: 26
Views: 1693

Re: Mortgage prepayments

At the very least, you should consider a no-cost refinance into a 10-year loan. Then you can compare the options of making lower payments or additional prepayments with an up-to-date market interest rate.
by Ketawa
Fri May 22, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: Small Cap Value heads Rejoice !!!

Does the momentum risk factor look for low momentum or negative momentum? Seems like positive momentum would not be a risk and that stocks with positive momentum would be less risky and therefore have lower expected returns. Deep value funds presumably sell companies that are still value, but not v...
by Ketawa
Tue May 12, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5720

Re: Where do you back up your important data?

Using Arq, to both an external hard drive and Backblaze B2. B2 is $1 per month for my amount of data. I believe it is 200gb for $1. And you pay to download like $1 for 100gb. At least now it is - maybe you got some deal? Yes, B2 is $0.005/GB monthly for storage and $0.01/GB for downloads. I have ab...
by Ketawa
Tue May 12, 2020 5:27 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5720

Re: Where do you back up your important data?

Using Arq, to both an external hard drive and Backblaze B2. B2 is $1 per month for my amount of data.
by Ketawa
Sat May 09, 2020 8:15 am
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 121
Views: 18154

Re: New era for TSP "I" Fund?

What a disgrace.

ETA - no longer makes sense out of context.
by Ketawa
Wed May 06, 2020 8:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 51
Views: 3319

Re: Vanguard Mutual Funds Outperform ETF

FWIW, in taxable accounts, many people aren't reinvesting dividends regardless of whether they are using the mutual fund or ETF. Reinvesting dividends makes optimal tax loss harvesting or specific ID of shares vastly more difficult. If using Vanguard funds in an IRA, I'd also prefer ETFs over mutual...
by Ketawa
Tue May 05, 2020 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Amica vs USAA Insurance
Replies: 27
Views: 1841

Re: Amica vs USAA Insurance

With USAA, the dividend is analogous to getting returns from an individual stock. The reason is that USAA allocates a portion of your premiums to a Subscriber's Account based on how much income USAA had during the year, and distributes some profits as a distribution. Here are some historical numbers...
by Ketawa
Tue May 05, 2020 11:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4979
Views: 952786

Re: What's Your Credit Card Rewards Strategy?

Bank of America gives $500 for $3k spend Details please? https://www.bankofamerica.com/credit-cards/products/premium-rewards-credit-card/ I got denied by this card and now figure I'm basically a persona non grata at all the major issuers except Amex and Citi. I've had 48 cards in the last 5 years s...
by Ketawa
Tue May 05, 2020 9:17 am
Forum: Investing - Theory, News & General
Topic: Is G-fund safer today than previously?
Replies: 38
Views: 2745

Re: Is G-fund safer today than previously?

G Fund return for April 2019 was about 2.6% annualized. March 2020 return was about 1.3%. I calculate current yield for the G Fund (as of May 1) at around 0.70%. The TSP website gives past monthly returns to only two decimal points. The stated April monthly return of 0.07% is 0.84% annualized. But ...
by Ketawa
Thu Apr 16, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4979
Views: 952786

Re: What's Your Credit Card Rewards Strategy?

I just finished the minimum spend on an Amex Platinum and collected the 100K MR bonus. Now I have all these points and no practical way of using them. I have to admit, in this day and age of travel uncertainty, cash (back) remains king! Open the Schwab Platinum card, get the signup bonus, cash out ...
by Ketawa
Wed Apr 15, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4979
Views: 952786

Re: What's Your Credit Card Rewards Strategy?

Citi (waives annual fees) Citi Prestige: - Intro bonus of $500 towards travel (50k points) - $250 Annual Travel Credit acts much the same way that CSR's travel credit does. Easy to use (unlike Amex's Airline credit) - Dining & Travel gets 5% back towards travel (5 points/$) - 4th hotel night fr...
by Ketawa
Fri Apr 10, 2020 7:55 am
Forum: Personal Investments
Topic: TSP allowing more than two interfund transfers per month?
Replies: 20
Views: 2605

Re: TSP allowing more than two interfund transfers per month?

At this point, I think if you are making small moves, there are no limitations. If I make a very small interfund transfer to rebalance out of the G Fund, within a single percentage point or so, the interfund transfer entry form does not restrict it. I do not believe there is an internal counter of &...
by Ketawa
Thu Apr 02, 2020 5:36 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3689
Views: 280876

Re: [Small Cap Value heads Rejoice !!!]

I am going to make a note that, as a goodwill gesture to all those who are hurting with factor tilting I am going to stay away from making further comments. We are all hurting one way or other, and further misery is not needed. I think I have already made my views clear, but as always it has no mor...
by Ketawa
Thu Mar 26, 2020 8:56 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 323949

Re: Coronavirus and the market

My guess is that the loan rate was cited as it is frequently considered a proxy for predicted G fund return, as there is no SEC 7-day yield figure. I found last year that it wasn’t a terribly good predictor, although I didn’t track it on paper, etc. In other words, more of a feeling on my part. :P ...