zeroer

9 ms·

61.
by zeroer 9y ago
If it's to my bank or email account, no, for the same reasons.
62.
by zeroer 9y ago
Thanks. I understand how it works. I still think it will be difficult to after 15 years.
63.
by zeroer 9y ago
I stand corrected. I thought they had their own mutual funds that they charge an expense ratio on, but I took a closer look at their site and it looks like they put you in third-party mutual funds from e.g. Vanguard and iShares. Since thi
64.
by zeroer 9y ago
There is a harm. In 15 years, if you decide you don't like Wealthfront, in order to move, you will have to sell all your assets and incur the capital gains.
65.
by zeroer 9y ago
Yea, tax gain harvesting is definitely something you can do. Though it's harder than tax loss harvesting. You have to take into account the entirety of a person's tax situation to do it, as opposed to tax loss harvesting, which o
66.
by zeroer 9y ago
Take a look at this chart of the SP500 over time: http://www.macrotrends.net/2324/sp-500-historical-chart-data (Make sure to turn off inflation-adjusted) I think you'll see that in the last 90 years, even the wors
67.
by zeroer 9y ago
> Perhaps buying a similar asset, holding that instead of the other, wait for the original to go down If you're presupposing the assets are similar, this is unlikely to happen to any significant degree. The standard way to increase
68.
by zeroer 9y ago
Tracking indexes and buying and selling stock is not free in time or money. And the fees Vanguard charges for doing so are quite marginal. It probably doesn't make sense to even think about doing something like that until AUM is $10M
69.
by zeroer 9y ago
You haven't talked to many people then. There are plenty of people who've built wealth via index funds.
70.
by zeroer 9y ago
I'm really talking about what happens after you've been invested with them for over a decade. Wealthfront has not yet existed for 10 years, so I know you haven't had your money invested with them for that long. The fact tha
71.
by zeroer 9y ago
Nothing in the physical universe is Turing complete. No unbounded memory.
72.
by zeroer 9y ago
I think it's telling that in their promotional materials designed to show their merits, Betterment shows a maximum time horizon of 10 years. I think they know that their strategy is much weaker on longer time horizons, yet the fees re
73.
by zeroer 9y ago
That is exactly how tax loss harvesting works. Here's a quote from Betterment: "What is Tax Loss Harvesting? Tax loss harvesting is the practice of selling a security that has experienced a loss." https://www.bet
74.
by zeroer 9y ago
That's really debatable. After 10~15 years of investment in Betterment or Wealthfront, in all likelihood all of your investments will be in the black, and there will be no opportunities for loss harvesting. But you're still st
75.
by zeroer 9y ago
How are you getting food poisoning often enough to draw statistical conclusions from it?
76.
by zeroer 9y ago
That's like part 2 to http://lesswrong.com/lw/qk/that_alien_message/
77.
by zeroer 9y ago
I hope so.
78.
by zeroer 9y ago
We're pretty social with other humans. But we tend to treat other animals pretty shitily. Also, there's serious argument that we committed genocide upon Neanderthals and perhaps some other early-human offshoots.
79.
by zeroer 9y ago
I thought the same thing. Clearly they meant the power. An explosion with 500-million suns worth of mass-energy would end life on Earth, 3 billion light years away or not.
80.
by zeroer 9y ago
In your explanation, how does it repeat? Also, curvature is a non-local phenomenon. In the sense that if you take a finite volume of space, re-arrange the spacetime however you like, you still have to have the same total curvature inside t
81.
by zeroer 9y ago
I'm reminded of the quote: "There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy." The universe is amazing and terrifying.
82.
by zeroer 9y ago
I've never heard this criticism.
83.
by zeroer 9y ago
Point taken
84.
by zeroer 9y ago
I guess as a democratic state they can decide to restrict imports. But then don't ask anybody to give two shits that that there's a shortage.
85.
by zeroer 9y ago
Yea, point taken, but recursive grammar is a prerequisite for arbitrary cognition or computation.
86.
by zeroer 9y ago
Maybe if your fear is that the NSA tapped the entire Internet, you might think they can trace the origin location of such a large upload.
87.
by zeroer 9y ago
You're right. "We brought the material down. Now it’s hidden somewhere else — off Dale’s property in a location known only to him." Good lord.
88.
by zeroer 9y ago
Recursive grammar.
89.
by zeroer 9y ago
I'm still waiting for intelligent life.
90.
by zeroer 9y ago
No, admittedly I've never been. But I didn't mean it as some abstract "Detroit is bad" comment. I meant it more specifically. Someone tried to break into his house. And streetlights and road crews are apparently a rece

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