Search found 880 matches

by Jeff Albertson
Mon Apr 19, 2021 7:27 pm
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 114
Views: 6389

Re: Help me get a basic education in cryptocurrency

HomerJ wrote: Mon Apr 19, 2021 4:55 pm So, just curious... what keeps someone from Coinbase from stealing the $90 billion that is apparently in just one wallet?
See Mt. Gox
by Jeff Albertson
Mon Apr 19, 2021 3:19 pm
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 114
Views: 6389

Re: Help me get a basic education in cryptocurrency

USD would be used to spend, Bitcoin would be used to save since it cannot be debased . Well, I suppose Satoshi Nakamoto has never lied to you, or to anyone that we know of, correct? What happens when a handful of bitcoin whales decide to cash out? Using BitInfoChart’s latest calculations, 87 percen...
by Jeff Albertson
Sun Apr 18, 2021 8:08 pm
Forum: Personal Consumer Issues
Topic: Covid Price Surges: Whats good to sell right now?
Replies: 18
Views: 2442

Re: Covid Price Surges: Whats good to sell right now?

Ian Byrne, assistant manager of Highfield Garden World in Whitminster, Gloucestershire, said there had been a “massive upswing” in the sales of garden gnomes. “We haven’t seen a gnome in six months now, unfortunately,” he said. https://i.kinja-img.com/gawker-media/image/upload/c_fit,f_auto,g_center...
by Jeff Albertson
Wed Apr 14, 2021 10:50 am
Forum: Investing - Theory, News & General
Topic: Non-fungible tokens (NFTs): anyone investing in those?
Replies: 246
Views: 17422

Re: Non-fungible tokens (NFTs): anyone investing in those?

Here's a discussion with Kevin Roose on crypto and NFTs, 34 minutes. Roose auctioned an NFT of a newspaper article he wrote, got $500k. https://www.nytimes.com/2021/04/13/podcasts/the-daily/nft-bitcoin-cryptocurrency.html https://static01.nyt.com/images/2021/03/27/business/13DAILY-column-image/26roo...
by Jeff Albertson
Fri Apr 09, 2021 6:55 pm
Forum: Investing - Theory, News & General
Topic: Real Return Fakers & Quitting Investing For Good
Replies: 51
Views: 5275

Re: Real Return Fakers & Quitting Investing For Good

I solved this whole problem by not trying to predict investment returns. +1 exactly example: https://ofdollarsanddata.com/the-right-place-the-right-time/ annualized real returns from 1960 to 1980, less than 2% annualized real returns from 1980 to 2000, about 13% from 2020-2040? Maybe try using a fe...
by Jeff Albertson
Thu Mar 25, 2021 11:08 am
Forum: Investing - Theory, News & General
Topic: Metals [Does anybody buy Silver and Gold?]
Replies: 43
Views: 3358

Re: Metals [Does anybody buy Silver and Gold?]

Jiggy wrote: Mon Mar 22, 2021 2:05 pm It's a different, but fun asset to own.
If fun is the objective, you might have more fun with some gallium - https://www.amazon.com/Gallium-Metal-Gr ... ee_s_bmx_6
by Jeff Albertson
Mon Mar 22, 2021 12:45 pm
Forum: Personal Consumer Issues
Topic: Is Google Advanced Protection the only safe way to use Yubikey?
Replies: 104
Views: 7626

Re: Is Google Advanced Protection the only safe way to use Yubikey?

Thanks for your research. I am wondering whether Google's implementation of an Android phone as a security key using Google prompts is equivalent to using a Yubikey. Apparently for now it only works with Android phones and Google Chrome. I think that his would overcome the weakness of SMS due to a ...
by Jeff Albertson
Sun Mar 21, 2021 8:58 pm
Forum: Personal Consumer Issues
Topic: Cleaning up aunt's URBAN condo
Replies: 34
Views: 2468

Re: Cleaning up aunt's URBAN condo

this article might be useful - 'When mom and dad are gone, how best to get rid of a lifetime of possessions'
https://www.washingtonpost.com/realesta ... story.html
by Jeff Albertson
Wed Mar 10, 2021 8:07 am
Forum: Investing - Theory, News & General
Topic: William Bernstein on Masters in Business
Replies: 15
Views: 2395

Re: William Bernstein on Masters in Business

also on the Morningstar podcast, 'The Long View' Bill Bernstein: We're Starting to See all of the Signs of a Bubble The author and investment advisor joins us for our 100th episode to discuss his new book, value stocks and inflation, and the current market environment. https://www.morningstar.com/po...
by Jeff Albertson
Mon Mar 08, 2021 2:03 pm
Forum: Personal Consumer Issues
Topic: Peloton purchase inquiry
Replies: 27
Views: 2517

Re: Peloton purchase inquiry

I’ve Never Seen Anything Like This’: Chaos Strikes Global Shipping The pandemic has disrupted international trade, driving up the cost of shipping goods and adding a fresh challenge to the global economic recovery. ... Peloton points to port congestion as a factor behind its delays in delivering it...
by Jeff Albertson
Sun Mar 07, 2021 10:43 am
Forum: Investing - Theory, News & General
Topic: Satisficing in the investment game
Replies: 22
Views: 2416

Re: Satisficing in the investment game

This morning the BBC radio program, "Deeply Human", featured psychologist Barry Schwartz discussing "maximizers" vs "satisficers" in the area of dating, rather than investing. Schwartz is also known for his book and TED talk, "The Paradox of Choice – Why More Is Le...
by Jeff Albertson
Thu Mar 04, 2021 6:57 pm
Forum: Personal Consumer Issues
Topic: 1987 Carrier HVAC. Replace or fix?
Replies: 57
Views: 3448

Re: 1987 Carrier HVAC. Replace or fix?

Here's the EIA electricity rate info mentioned by VT: https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_5_6_a Average Price of Electricity to Ultimate Customers for residential use, in cents/kwh Hawaii 29.14 California 20.45 New England 20.37 U.S average 12.80 Washington state 9.7...
by Jeff Albertson
Fri Feb 19, 2021 4:51 pm
Forum: Investing - Theory, News & General
Topic: What's Wrong with Annuities?
Replies: 150
Views: 9787

Re: What's Wrong with Annuities?

This might be helpful, 'The Annuity Puzzle', by (Nobel laureate) Richard Thaler (from 2011). https://www.nytimes.com/2011/06/05/business/economy/05view.html?searchResultPosition=1 also: 'The Ages of the Investor: A Critical Look at Life-cycle Investing (Investing for Adults Book 1)', William Bernste...
by Jeff Albertson
Wed Feb 17, 2021 10:50 am
Forum: Investing - Theory, News & General
Topic: TSP 3-Funds or TSP Target Date Fund?
Replies: 85
Views: 7271

Re: TSP 3-Funds or TSP Target Date Fund?

Blue456 wrote: Mon Feb 15, 2021 10:22 am No. I use target date fund regardless of the fees. I find that behavioral issues cost more than most target date funds.
A lot of truth here.
by Jeff Albertson
Tue Feb 16, 2021 6:51 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5088
Views: 1324883

Re: What Book Are You Currently Reading? Part VI

'How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need' - Bill Gates and Bill McKibben's critical review https://www.nytimes.com/2021/02/15/books/review/bill-gates-how-to-avoid-a-climate-disaster.html also, a reading list, 100 Best Behavioral Economics Books of All Tim...
by Jeff Albertson
Mon Feb 15, 2021 8:47 am
Forum: Investing - Theory, News & General
Topic: An important reminder from William Bernstein (2012)
Replies: 42
Views: 5857

Re: An important reminder from William Bernstein (2012)

Great post, Valuethinker. When I read these days of SPAC-mania, I’m also reminded of Edward Chancellor’s “Devil Take the Hindmost” and speculative bubbles growing and bursting over centuries. Nonetheless, we invest early and often and soldier on as BHs, tuning out the noise. Bernstein's new book, '...
by Jeff Albertson
Wed Feb 10, 2021 9:45 pm
Forum: Investing - Theory, News & General
Topic: Are Any Financial Subscriptions Worth It?
Replies: 58
Views: 4876

Re: Are Any Financial Subscriptions Worth It?

The only one I can recommend is this one: https://www.npr.org/sections/alltechconsidered/2016/01/08/462250239/when-an-index-card-of-financial-tips-isnt-enough-this-book-is-there Investing, like losing weight, is simple, but for most folks, not easy. There's always a temptation to think you are smart...
by Jeff Albertson
Tue Feb 09, 2021 9:44 pm
Forum: Personal Consumer Issues
Topic: Anyone else like having passwords that they can remember?
Replies: 65
Views: 3773

Re: Anyone else like having passwords that they can remember?

I recommend a system that includes a site-specific "salt" added. For example, pick a word you like. Let's say it's football. Obviously football, Football, and Football!69 are poor choices, likely to be found in commonly available "dictionaries" that provide reverse lookup online...
by Jeff Albertson
Mon Feb 08, 2021 8:50 am
Forum: Investing - Theory, News & General
Topic: TSLA: What Changed?
Replies: 152
Views: 11894

Re: TSLA: What Changed?

for all you "Boglehead" stockpickers:
Some businesses that advertised during Tom Brady’s first Super Bowl:

AOL
Blockbuster
Radio Shack
Circuit City
CompUSA
Sears
HotJobs
Yahoo
VoiceStream Wireless
Gateway Computers
https://twitter.com/JonErlichman/status ... 6076526592
by Jeff Albertson
Sun Feb 07, 2021 5:33 pm
Forum: Investing - Theory, News & General
Topic: Can the wallstreetbets style be made to work?
Replies: 77
Views: 4409

Re: Can the wallstreetbets style be made to work?

Good discussion on the BBC's 'The Briefing Room' (30 minutes) - There was pandemonium on the US stock market when shares in a chain of video game shops went through the roof. At one point GameStop’s stock, which averaged just seven dollars last year, was valued at more than 480 dollars. The frenzy w...
by Jeff Albertson
Sat Feb 06, 2021 1:49 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 5088
Views: 1324883

Michael Lewis, 'The Premonition, A Pandemic Story'

Looking forward to Michael Lewis' new book, 'The Premonition, A Pandemic Story', due out in May. Last year, when the coronavirus began spreading throughout the United States, Lewis called some of his government sources for “The Fifth Risk.” What he learned was even more disconcerting than the fright...
by Jeff Albertson
Wed Feb 03, 2021 10:33 am
Forum: Investing - Theory, News & General
Topic: Madness of Crowds
Replies: 104
Views: 8363

Re: Madness of Crowds

Despite high debt, inflation in Japan remains low.
Image
by Jeff Albertson
Sat Jan 30, 2021 9:53 pm
Forum: Personal Consumer Issues
Topic: Electric Vehicle Tipping Point
Replies: 94
Views: 4519

Re: Electric Vehicle Tipping Point

Imagine an electric car battery that provides more than 300 miles of range, charges in approximately ten minutes , requires no bulky heating and cooling systems, maintains 80 percent of its charge capacity for 800 cycles (about 240,000 miles), and isn't prone to spontaneous combustion. Such is the ...
by Jeff Albertson
Sat Jan 30, 2021 9:03 am
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4570
Views: 230200

Mr. Bogle’s monster love-child

Jason Zweig on Gamestop - On Jan. 25, Mr. Mattingly was on Bogleheads.org, one of his favorite websites, which advocates long-term investing. There, Mr. Mattingly stumbled on a reference to GameStop’s wild price moves. ... That movement is Mr. Bogle’s monster love-child. It’s the culmination of 45 y...
by Jeff Albertson
Wed Jan 27, 2021 2:00 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2773
Views: 275661

Re: [What TV Show Have You Recently Watched?]

Babylon Berlin on Netflix, in German, English subtitles. Not new, it's been out a while. I've gone thru 6 episodes & really enjoy it. https://www.youtube.com/watch?v=uekZpkYf7-E BABYLON BERLIN, SPRING 1929 A metropolis in turmoil. From economy to culture, politics to the underworld – everything ...
by Jeff Albertson
Fri Jan 22, 2021 7:11 pm
Forum: Personal Consumer Issues
Topic: Best State and National Parks in the Southeast
Replies: 54
Views: 3973

Re: Best State and National Parks in the Southeast

In today's Washington Post - "New River Gorge: America’s newest national park is one of West Virginia’s hidden gems"
https://www.washingtonpost.com/travel/2 ... onal-park/
by Jeff Albertson
Thu Jan 21, 2021 10:26 pm
Forum: Investing - Theory, News & General
Topic: Why isn't every indexer investing in small cap value index funds?
Replies: 372
Views: 35383

Re: Small Cap Value according to Paul Merriman has outperformed 100% of 20 year historical periods, what's the catch?

If past history was all there was to the game, the richest people would be librarians. — Warren Buffett
by Jeff Albertson
Sun Jan 17, 2021 9:05 pm
Forum: Investing - Theory, News & General
Topic: New York Times: How to Be a Better Investor: Do Nothing
Replies: 23
Views: 5308

Re: New York Times: How to Be a Better Investor: Do Nothing

texasdiver wrote: Sun Jan 17, 2021 5:54 pm
goodenyou wrote: Sun Jan 17, 2021 3:16 pm Nothing new here.
Not for us perhaps. But a lot of people never seem to have gotten the message.
Exactly. Just take a look at the posts on this board. Most are half-baked schemes to beat the market.
by Jeff Albertson
Sun Jan 17, 2021 6:25 pm
Forum: Personal Consumer Issues
Topic: Let's play chess
Replies: 151
Views: 12012

Re: Let's play chess

Anya Taylor-Joy is a guest on the recent Graham Norton show, starts about 7:45.
https://www.bbcamerica.com/shows/the-gr ... -12--53034
by Jeff Albertson
Tue Jan 12, 2021 8:51 am
Forum: Personal Consumer Issues
Topic: Help Me [Recover] My Bitcoin!
Replies: 126
Views: 20874

Re: Help Me [Recover] My Bitcoin!

Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million. The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds...
by Jeff Albertson
Fri Jan 08, 2021 1:38 pm
Forum: Investing - Theory, News & General
Topic: Why isn't every indexer investing in small cap value index funds?
Replies: 372
Views: 35383

Re: Why isn't every indexer investing in small cap value index funds?

The academic studies and French-Fama model prove that investing in small cap value provides better returns. So what is the reason why every indexer doesn't do it? I personally want to convert my entire world cap stock index to small cap value index, because studies prove it has provided better retu...
by Jeff Albertson
Tue Jan 05, 2021 1:36 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin, Starbucks or Doordash?
Replies: 59
Views: 3430

Re: Bitcoin, Starbucks or Doordash?

from last year, https://ritholtz.com/2019/04/buy-yourself-a-fking-latte/ It’s a cliché that refuses to die: personal finance guru Suze Orman warned investors last week that if you “waste money on coffee, it’s like ‘peeing $1 million down the drain.’” I disagree, and have repeatedly done so over the ...
by Jeff Albertson
Wed Dec 30, 2020 9:35 pm
Forum: Investing - Theory, News & General
Topic: Recommendations for non boglehead investing books?
Replies: 20
Views: 1431

Re: Recommendations for non boglehead investing books?

Samantha Power's husband has a new one coming out, 'Noise: A Flaw in Human Judgment Hardcover' (May 18, 2021) https://www.amazon.com/Noise-Human-Judgment-Daniel-Kahneman/dp/0316451401/ In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show how noise helps produce errors in many fields,...
by Jeff Albertson
Mon Dec 28, 2020 9:21 pm
Forum: Investing - Theory, News & General
Topic: Podcasts for Index Investing and Retirement
Replies: 7
Views: 824

Re: Podcasts for Index Investing and Retirement

The advantage of a simple indexed portfolio is that you don't need to listen to financial porn. Rather, you can spend that time devoted to your family or community.
by Jeff Albertson
Mon Dec 28, 2020 3:54 am
Forum: Investing - Theory, News & General
Topic: What is real inflation?
Replies: 74
Views: 4805

Re: What is real inflation?

Check here: https://www.bls.gov/cpi/
Fwiw, current rate is 1.2%.
by Jeff Albertson
Wed Dec 23, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: THE REITH LECTURES 2020: HOW WE GET WHAT WE VALUE Mark Carney
Replies: 0
Views: 279

THE REITH LECTURES 2020: HOW WE GET WHAT WE VALUE Mark Carney

Dr Mark Carney's lectures, well worth the time: Welcome to the 2020 BBC Reith Lectures. In this tumultuous year, our lecturer is a man who brings a truly international perspective to some of the biggest global challenges facing all of us right now. In his series, ‘How We Get What We Value’, he will ...
by Jeff Albertson
Tue Dec 22, 2020 7:46 pm
Forum: Personal Investments
Topic: Go from 12% to 22% federal income tax rate to pay off mortgage?
Replies: 23
Views: 1828

Re: Go from 12% to 22% federal income tax rate to pay off mortgage?

I know Dave Ramsey and other debt-averse people would advise me ... You're taking advice from this guy? https://www.nbcnews.com/news/us-news/caterers-finance-guru-dave-ramsey-s-holiday-party-told-not-n1251204 https://religionnews.com/2020/12/11/dave-ramsey-christian-financial-guru-ridicules-covid-1...
by Jeff Albertson
Mon Dec 21, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: Is this the hardest investing environment ever?
Replies: 182
Views: 13182

Re: Is this the hardest investing environment ever?

checkyourmath wrote: Sun Dec 20, 2020 11:08 pm The problem is inflation is at an all time high. This is a difficult environment.
back in the real world:
From November 2019 to November 2020, the Consumer Price Index for All Urban Consumers increased 1.2 percent, the same increase as for the period ending October 2020.
https://www.bls.gov/cpi/
by Jeff Albertson
Sun Dec 20, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: Is this the hardest investing environment ever?
Replies: 182
Views: 13182

Re: Is this the hardest investing environment ever?

Is this the hardest investing environment ever? Warren Buffett's advice via a virtual commencement address to the University of Nebraska-Lincoln, for students graduating from Buffett's alma mater on Saturday, December 19. "I would say this to this current year's class: I would love to trade pla...
by Jeff Albertson
Wed Dec 16, 2020 11:54 am
Forum: Investing - Theory, News & General
Topic: Bitcoin breaks $20,000
Replies: 231
Views: 11427

Re: Bitcoin breaks $20,000

Time to rebalance into beany babies, tulip bulbs and the South Sea Company.
by Jeff Albertson
Mon Dec 14, 2020 1:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14660
Views: 1127266

Re: U.S. stocks continue to soar!

"There we have it. Value of the global stock markets hits $100 trillion"
https://twitter.com/staffordphilip/stat ... 0978361344
by Jeff Albertson
Fri Dec 11, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: How America Invests: Vanguard data
Replies: 56
Views: 4368

Re: How America Invests: Vanguard data

from nineteen years ago - The defined-contribution system is broken; we just haven't realized it yet. While it may be possible to fix it by providing participants with much closer attention to expenses ... it makes more sense to improve the defined-benefit system with equitable vesting, portability ...
by Jeff Albertson
Wed Dec 09, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: TESLA Valuation
Replies: 111
Views: 7112

Re: TESLA Valuation

FWIW, "JPMorgan lifted its price target to $90 from $80, implying an 86% plunge from Tuesday's close over the next 12 months."
https://markets.businessinsider.com/new ... 1029878536
by Jeff Albertson
Wed Dec 09, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: If Bonds are so Terrible, Why are they up so much for the year?
Replies: 155
Views: 12448

Re: If Bonds are so Terrible, Why are they up so much for the year?

Professional forecasters say interest rates are going up -
https://twitter.com/LizAnnSonders/statu ... 1746900992
Someday they might get it right!
by Jeff Albertson
Mon Dec 07, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: Hyperinflation hedge
Replies: 85
Views: 6756

Re: Hyperinflation hedge

For a broader perspective, read William Bernstein's 'Deep Risk.' 'Deep risk: How History informs Portfolio Design' is the third installment in the investing for adults series. This series is not for novices. This booklet takes portfolio design beyond the familiar “black box” mean-variance framework....
by Jeff Albertson
Sun Nov 29, 2020 10:02 pm
Forum: Personal Consumer Issues
Topic: Best Books for Post Retirement
Replies: 19
Views: 2625

Re: Best Books for Post Retirement

I would definately check out Bernstein's "The Ages of the Investor: A Critical Look at Life-cycle Investing (Investing for Adults Book 1) "
https://www.amazon.com/gp/product/B008C ... tkin_p1_i9
by Jeff Albertson
Fri Nov 27, 2020 8:52 am
Forum: Personal Investments
Topic: Non-Dollar Currency Investing
Replies: 12
Views: 773

Re: Non-Dollar Currency Investing

It's been almost exactly 10 years since a number of connected individuals embarrassingly warned Ben Bernanke about inflation due to quantitative easing. https://economics21.org/html/open-letter-ben-bernanke-287.html Before you speculate, consider broadening your sources of information. This is recen...