Search found 2325 matches

by Ketawa
Tue Apr 13, 2021 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 431
Views: 53568

Re: Tales from this insane real estate market

I can no longer afford to buy the house that I'm living in. Over the 6 years I've owned it, my income has gone up around 10%, the job is shaky as ever, and house price has gone up about 40%. What your down payment? If invested, how much would that have grown along with additional savings? Also, wha...
by Ketawa
Sat Apr 03, 2021 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 431
Views: 53568

Re: Tales from this insane real estate market

All real estate is local. It's clear from the posts in this thread and others that the consternation over home prices is concentrated in SFHs. I am in DC and just bought a 2 bed/2 bath apartment in a 300+ unit co-op. I had been researching buildings in my neighborhood since July of 2020 and started ...
by Ketawa
Tue Mar 23, 2021 2:17 pm
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 298
Views: 36965

Re: Are we in a housing bubble?

I am curious if the demand is mostly in the SFH segment or across the board "housing". Is there really demand for condos out there ? I tend to think that most people are looking for some type of yard and space due to the pandemic but haven't seen any data in support. It's clearly not acro...
by Ketawa
Thu Mar 18, 2021 4:31 pm
Forum: Investing - Theory, News & General
Topic: Why TIPS funds are going down now
Replies: 5
Views: 628

Re: Why TIPS funds are going down now

Rising real rates.
by Ketawa
Wed Mar 03, 2021 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Where should i put money to save for down payment on new home?
Replies: 5
Views: 815

Re: Where should i put money to save for down payment on new home?

I have also been looking in to this question. I would also want to avoid trying to purchase with a contingency clause for sale of my current home. One thing you can do is open a HELOC on your home so that you can tap the home equity for a down payment at some indefinite point in the future. If you n...
by Ketawa
Tue Mar 02, 2021 1:10 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4428
Views: 341257

Re: Small Cap Value heads Rejoice !!!

SCV continues to shoot up like a rocket. Over the last six months, AVUV is up 54% compared to VTI's 12%. 🚀 I'm not sure if it's fund design or just luck, but AVUV has impressively outpaced its SCV competitors. 1 year performance: AVUV: 35.86% IJS: 26.03% IWN: 25.12% VBR: 19.37% As the post above ha...
by Ketawa
Mon Mar 01, 2021 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Worth refinancing if I need to add flood insurance?
Replies: 15
Views: 773

Re: Worth refinancing if I need to add flood insurance?

You could look at the flood insurance as an increase in the interest rate on the mortgage. I estimate that your new loan is for about $292K. $1500 per year is about 0.5% of that. In the early years of your new 20 year mortgage, this would be like having a mortgage of 2.5% + 0.5% = 3.0%. $1500 is 1.1...
by Ketawa
Mon Mar 01, 2021 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth to refinance $62k from 4.0% to 2.375%? Or do loan remodification with same interest rate?
Replies: 19
Views: 978

Re: Is it worth to refinance $62k from 4.0% to 2.375%? Or do loan remodification with same interest rate?

What is a home equity loan? Is that a loan from a bank/credit union with your home as collateral, that gives you cash and then you pay off the mortgage with that cash, and then work on paying down the home equity loan? If that worthwhile? There are two flavors to home equity loans. A home equity li...
by Ketawa
Mon Mar 01, 2021 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth to refinance $62k from 4.0% to 2.375%? Or do loan remodification with same interest rate?
Replies: 19
Views: 978

Re: Is it worth to refinance $62k from 4.0% to 2.375%? Or do loan remodification with same interest rate?

Is it worth to refinance $62k from 4.0% to 2.375% with closing costs of $6,500? Or modify existing bank loan? Or do nothing? CURRENT BANK MORTGAGE WITH LOAN MODIFICATION OPTION: Pay the $250 if you want the flexibility to make lower monthly payments in an emergency or for some other reason. OR CRED...
by Ketawa
Wed Feb 24, 2021 10:17 am
Forum: Investing - Theory, News & General
Topic: Bonds in free fall
Replies: 657
Views: 54391

Re: Bonds in free fall

Wow this may be the steepest yield spike yet if it holds up. People sure are spooked about inflation. I think people had completely written inflation off since it hasn’t appeared in a long time. Glad I own inflation hedges. I feel like I'm a broken record about this, but inflation expectations are ...
by Ketawa
Tue Feb 23, 2021 3:19 pm
Forum: Investing - Theory, News & General
Topic: TIPS v. inflation protected mutual fund/ETF
Replies: 23
Views: 2044

Re: TIPS v. inflation protected mutual fund/ETF

TLDR version: When you buy an individual TIPS at auction and hold it to maturity, you're buying pure inflation protection. When you buy a TIPS mutual fund or ETF, what you're really doing is speculating on the public's changing opinions about the need for inflation protection. Buying an individual ...
by Ketawa
Tue Feb 23, 2021 2:36 pm
Forum: Investing - Theory, News & General
Topic: The inflation trade
Replies: 88
Views: 6285

Re: The inflation trade

I have this nagging feeling I am missing something important about inflation. I have had the mindset that inflation is good for me. COLA military pension, COLA SS as income means I can keep up with inflation. Free health care from 55 to Medicare and then a free medicare supplement. Inflation helps ...
by Ketawa
Tue Feb 23, 2021 12:30 pm
Forum: Investing - Theory, News & General
Topic: New iShares 25+ Year Treasury ETF
Replies: 52
Views: 5083

Re: New iShares 25+ Year Treasury ETF

Is there a reason why GOVZ has a lower SEC yield than EDV, despite being further out on the yield curve? As of 2/19/21:

EDV: 1.97% per Vanguard
GOVZ: 1.90% per iShares

This has been the case every time I compared the funds.
by Ketawa
Fri Feb 19, 2021 5:17 pm
Forum: Investing - Theory, News & General
Topic: Abandon Fama French Factor Model?
Replies: 52
Views: 3391

Re: Abandon Fama French Factor Model?

You can generally find information about what these funds are doing yourself if you are interested. No no, I read DFA/AQR websites/papers and know what factor models/funds they offer, but what I was wondering is which factor funds/ETFs people actually pick and run as substantial portions of their p...
by Ketawa
Thu Feb 18, 2021 12:00 pm
Forum: Investing - Theory, News & General
Topic: Bonds in free fall
Replies: 657
Views: 54391

Re: Bonds in free fall

If you buy a 30yr T bond today at a 2% yield and 30yr T goes to 4.5% you will not have a positive return after accounting for the diminished purchasing power bc the move will likely reflect inflation. 30 yr breakevens are currently at 2.2%. What's the evidence for an increase in yields being due to...
by Ketawa
Wed Feb 17, 2021 1:08 pm
Forum: Investing - Theory, News & General
Topic: Bonds in free fall
Replies: 657
Views: 54391

Re: Bonds in free fall

How are treasury yields going up when the fed hasn't raised interest rates? What is changing? The Fed only directly controls the federal funds rate. Nominal Treasuries and TIPS mostly reflect market supply and demand. Nominal rates have risen across the yield curve, inflation expectations have rise...
by Ketawa
Wed Feb 17, 2021 12:39 pm
Forum: Personal Investments
Topic: Be more "aggressive" in Roth?
Replies: 4
Views: 656

Re: Be more "aggressive" in Roth?

Properly accounting for taxes, there is nothing special about a Roth account vs a Traditional account. I use tax-adjusted asset allocation to account for taxes, then I mostly don't care what type of account my assets are in. Wiki on tax-adjusted asset allocation
by Ketawa
Tue Feb 09, 2021 1:48 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4428
Views: 341257

Re: Small Cap Value heads Rejoice !!!

Today is weird again in that SLYV is currently up 0.4% while VIOV is down 0.27%. They track the same index (S&P Small Cap 600 Value)....Maybe they'll align at the end of the day though, I feel like that sometimes happens. (Don't think there were any dividend payouts or anything). Yes, my small-...
by Ketawa
Thu Jan 28, 2021 10:32 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4428
Views: 341257

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? One way is to view the fund on Morningstar and click on the "Portfolio" tab. https://www.morningstar.com/funds/xnas/qsmlx/portfolio But the data there is relati...
by Ketawa
Thu Jan 28, 2021 12:02 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4428
Views: 341257

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: 113
Views: 8545

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: 4428
Views: 341257

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: 4428
Views: 341257

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: 4428
Views: 341257

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: 5135
Views: 968738

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: 1014

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: 6285

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: 30757

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: 325178

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: 5135
Views: 968738

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: 113
Views: 8545

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: 52
Views: 5083

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: 10882

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: 10882

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: 4207

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: 2368

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: 2368

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: 1058

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: 4428
Views: 341257

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: 4428
Views: 341257

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: 8361

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: 1442

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: 1442

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: 1442

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: 1442

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: 1442

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: 1442

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: 1442

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: 4428
Views: 341257

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