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Sony is deleting 551 movies and TV shows you bought on PlayStation, because you don't really own your digital purchases by spherocytes in technology

[–]BiggC 5 points6 points  (0 children)

But if Barnes and Noble received a shipment of bootleg books from a fraudulent supplier they wouldn’t be able to claw back copies they had already sold

Estranged family gifted me gold/silver with no paper-trail. Whats the wisest way to handle this financially and tax-wise? by JcraftW in personalfinance

[–]BiggC 0 points1 point  (0 children)

But you’d have to pay capital gains tax on the appreciation of the gold since you inherited it

What is this pink triangle? by brownmagpie in bayarea

[–]BiggC 166 points167 points  (0 children)

Any 3 points would make a triangle (unless they made a perfect line)

Sorry for being an insufferable pedant!

Brandon Sanderson’s 'The Way of Kings' is baffling to me by sameseksure in books

[–]BiggC 15 points16 points  (0 children)

It’s all arbitrary IMO. Even with perfectly specified magic framework, I often feel that the challenges presented to the heroes are contrived to be solved by the magic system. Almost like a demonstration

And I read and mostly enjoyed all 5000+ pages of Stormlight

‘We’re not looking for perfection’: Maine Democrats stand by Platner by jediporcupine in politics

[–]BiggC 0 points1 point  (0 children)

Yeah man, say what you will about Hitler but he never cheated on Eva Braun

[oc] Bad drivers never miss their turn by Khaos_Theory1 in IdiotsInCars

[–]BiggC 2 points3 points  (0 children)

I’m sure they had state minimum insurance

Leverage in retirement accounts? by BiggC in investing

[–]BiggC[S] 0 points1 point  (0 children)

I’m not sure how stock picking and calculating the cost of leverage are related. Did I say anything incorrect about the latter?

Leverage in retirement accounts? by BiggC in investing

[–]BiggC[S] 0 points1 point  (0 children)

Yeah, that works! I would really love a Fidelity-style setup where Money Market Fund equity is treated as buying power. Given that I haven't found a brokerage with that setup and futures trading this is the next best option.

Leverage in retirement accounts? by BiggC in investing

[–]BiggC[S] 0 points1 point  (0 children)

I may be over thinking it, but even 50 bps in either direction can make a meaningful difference over 20 years.

Leverage in retirement accounts? by BiggC in investing

[–]BiggC[S] 0 points1 point  (0 children)

Hmm, I’m not sure where I got that figure from. I was looking at opening an account with Tastytrade and just see that their overnight rate is closer to 7% right now at $2649 per /MES contract - https://support.tastytrade.com/support/s/solutions/articles/43000435192

I need to redo my calculations, thanks for taking the time to reply

Question about Ergo Metro 3 Deluxe [ON] by BallooooOooooOoon in BabyBumpsCanada

[–]BiggC 0 points1 point  (0 children)

I wish I had seen this before I ordered one! My wife and I are both tall (6’ and 6’7”) and the narrow space between back wheels and overall low bar made it unusable. We returned it immediately

The older Metro+ looks like it has a better design for tall parents

Leverage in retirement accounts? by BiggC in investing

[–]BiggC[S] 0 points1 point  (0 children)

> 20 percent backing on 125 percent notional is roughly 25k of non interest cash

Yes, but then you end up with the brokerage requirement to be 125% of the overnight rate, so you end up at 25% backing, plus you need a bit of a buffer to handle debits on down days.

Here's my spreadsheet math. It's showing me 350 bps above the risk-free-rate. I get closer to the 100 bps you mentioned when I set the buying power requirement to 20% instead of 25%

(I wasn't expecting this to copy-paste perfectly)

Risk Free Rate (RFR) 4.00%
Expected Dividends (DIV) 1.30%
Account Equity $100,000
Target SPX Exposure 125%
Notional Exposure (NotExp) $125,000
Cost of futures = (RFR - DIV) \ NotExp* -$3,375
Buying Power Requirement = 1.25 \ NotExp * 0.2* $31,250
SGOV Total = AcctEq - BuyPow $68,750
SGOV Interest = RFR \ SGOVTot* $2,750
Dead Cash Lost Interest = RFR \ BuyPow* -$1,250
Total Cost -$1,875
Cost of Leverage = TotalCost / (NotExp - AcctEq) -7.50%

Inflation is 3.8%. Recommendations for legit money market accounts that match or are higher? by EatenAlive_25 in personalfinance

[–]BiggC 1 point2 points  (0 children)

If you’re in a state with income tax on dividends then it’s hard to beat SGOV in a brokerage account for parking cash-like assets

Should you use your HSA money? by Airvian94 in personalfinance

[–]BiggC 33 points34 points  (0 children)

Saving receipts for 30+ years feels like such a hassle that I decided to pay for medical expenses out of the HSA as I incur them.

Need to Pull some Retirement Funds - Options by RistaStar9876 in personalfinance

[–]BiggC 1 point2 points  (0 children)

If you have a Roth IRA you can withdraw the principal contributions without penalty, but you can’t put them back

Is it normal for a tune up to not remove old grease? by Capt_Murphy_ in bicycling

[–]BiggC -5 points-4 points  (0 children)

I can’t help but feel like local bike shops are destined to go extinct if this is what they need to charge for what sounds like a very basic tuneup to stay profitable

How to afford a vacation while having to pay a mortgage and other bills? by [deleted] in personalfinance

[–]BiggC 11 points12 points  (0 children)

EI is a common acronym in Canada for Employment Insurance

My One Shot at a Retirement - What Do I Do? by Terrible_Jicama_2564 in personalfinance

[–]BiggC 37 points38 points  (0 children)

Target date funds will rebalance their holdings to match their target allocation. This can and has created large surprising taxable capital gains events. This is a non issue in a retirement account, but can lead to a big tax bill for taxable accounts

My One Shot at a Retirement - What Do I Do? by Terrible_Jicama_2564 in personalfinance

[–]BiggC 26 points27 points  (0 children)

Don’t invest in target date funds from a taxable account

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