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Messages - nonattender

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Off Topic / Re: Cash Parking
« on: March 01, 2019, 01:17:30 AM »
Well, then, for those who want 3% and still live in a free state. :)

(The SCB 3% acct, above, is a liquid fdic savings acct, not a CD.)

Speaking of free states: (home of Air Force One!) has a 6mo 3.25% CD.
(It's a new money only thing, and is only open like 2 more days.)

Off Topic / Re: Cash Parking
« on: February 28, 2019, 03:17:40 PM »
Well, in light of DLI exploding, here's a safety play:

3% APY FDIC-insured savings (6 month intro rate).

$100k min. deposit, but FDIC-insured to $250k. :)

Investors - LC / Re: LC Securities Litigation Class Action Settlement
« on: January 05, 2019, 10:03:02 PM »
And I decided to submit my claim online and uploaded four proof of claim PDF files with the application;
purchase trade confirmation, sale trade confirmation, May 2016 account statement and April 2018 account statement.

I received the following confirmation:

Dear Claimant,

This automated email is confirmation of your recent online claim submission in the LendingClub Securities Litigation settlement.

Your claim number is: LBS-XXXXXX-X

You must keep us informed if your address changes.

We are currently accepting and processing claims for this case. Claims
processing in settlements such as this can take an average of nine months to
a year before distribution is approved, and in some instances there may be
additional delays due to appeals or other issues.

Did you hear anything else / get a check, yet?  Coming up on nine months...

Tangentially, I haven't been paying attention;  is the total exposure amount fixed and declared and accounted for in an LC SEC filing, yet?

Off Topic / Re: Cash Parking
« on: December 14, 2018, 06:13:23 AM »
My assumpting is SIPC, but will see once more is known.   I hopped on the list.  Assuming it's to it her more people on their brokerage accounts.  Free there = selling your order flow.  But kids these days like being the product to get something for free.

Yes, SIPC is my understanding of the insurance that will be provided on funds, up to $250k.  The product is not scheduled to launch until Q1 of 2019, so, thing may change and there may be delays.  I remember signing up with Robinhood - or trying to - a few years ago when they were about to launch free crypto services, but I didn't have the one type of cellphone platform (Apple) that they supported - and they had no other way to access their platform.  Maybe that will change... or already has.  I never went back.

There are a few 3% APY liquid FDIC checking/savings accounts around, but they're in limited areas.  I think there's one in part of Texas, one in a few counties around Detroit.  There's a 2.50% APY online FDIC acct being offered by a Boston bank, on the nationwide side.  EBSBDirect, I believe, is the name of that one.

For short term CD's, I think there are some attractive-looking 3mo and 6mo at just under 3 (2.7-2.9 or so) at... Advancial?  Sounds right - not sure.  Connexial, Advancial, something like that.

I've been out of the equity market, mostly, for a while - still avoiding tech, kinda - but am starting to do some value shopping, at these levels.  Not trying to catch the exact bottom, but do think the bullshit pessimism is overblown, on an earnings basis, for many names...

Investors - LC / Re: LC What's working these days?
« on: August 11, 2018, 06:01:11 PM »
As Clint Eastwood famously said (Unforgiven); "I was lucky in the order, but I've always been lucky when it comes to killin' folks."
With some modesty I will say I've done alright with my varied investments over a very long period of time. Traded just about everything but pork bellys.
Most would probably consider my lifetime LC overall returns as good. I certainly do, but that party has ended (IMO forever).
I'm an engineer and understand the math. I will never know if I've been good or just plain lucky.
If anyone can answer that question they're smarter than me (or just fooling themselves). Don't know how anyone can know.
I've always had a big problem with that question; but as Clint said, I've been lucky (or maybe good; I dunno and never will).
Guess it could have gone either way.

Howdy fellas.  Just checkin' in to say:

Glad you're all also still not dead.  :)

Off Topic / Re: Cash Parking
« on: April 11, 2018, 03:24:18 PM »
I wonder if they remember these answers and check later how well customers predicted their own actions.  One could fantasize that it's like the ratings that Uber drivers give to customers.

You should ask them for a copy of your SalesForce profile next time they call.  They won't give it to you, but it'll be a fun phonecall. :)

Off Topic / Re: Cash Parking
« on: April 11, 2018, 02:19:50 PM »
I'll say two Hail Moonbeams and see if I stop seeing a strange resemblance between modern day California politics / 1860's era Southern States.

Interesting.  I've not heard that comparison before.  There are many problems with California politics.  I'm doin' what I can, but I'm all alone here!

Well, it just kinda strikes me as the new home of indentured servitude.  They pay, but, relatively speaking, it looks to me just a little bit too much like a smug liberal version of sharecropping, complete with the continual importation of labor (which then votes "correctly"). ;)

I think some guy published a piece along this line in The Atlantic a few weeks back, but the outcry from the overlords made 'em retract.

That guy is lucky he's not in the Atlantic, now (like tied to a boat anchor, at the bottom of it) - after saying truths out loud that made it uncomfortable for agriculture and the H1-B tech mafia...  Luckily, they're still polite out there and he's just being shunned at dinner parties (and being unfriended on the Facebook / losing "followers" / getting mean frowny faces or whatever.)

(If you're feeling lonely, say two Hail Rohrabachers and head Orange-way?)

Off Topic / Re: Cash Parking
« on: April 11, 2018, 01:23:36 PM »
I'd feel uncomfortable owning Californian municipal debt, but that's probably just the result of some sort of subconscious bias that I have against bankrupt, totally-out-of-control spenders whose governments and/or politicians seem, if the fake news can be believed, to be about to secede... :)

I'll say two Hail Moonbeams and see if I stop seeing a strange resemblance between modern day California politics / 1860's era Southern States.

(I'll be fine.  You probably will be, too;  I don't know.  That stuff's not for me, though.)

Investing - General (not P2P) / Chris Larsen's Talk at LendIt 2018
« on: April 10, 2018, 02:02:46 PM »
For those of you who were around in the early days of this space (and have fond memories of getting to play with a new toy):

I've been waiting years for underwriting algos which can better price risk for the lower end of the credit spectrum (or the "credit invisible" / "thin file") - of course, they need some type of data upon which to base those algos.  It's been all PR and marketing claims, largely vaporware, for so long - but it finally appears to be just on the horizon.  One of my first fascinations at Prosper, back in 2006 or so, was picking through either no file or thin file loans ("NC" Grade = No Credit score could be calculated) and trying to do semantic and lexical analysis (this was back when borrowers provided a written loan description of their financial situation and/or their intentions for use of the loan proceeds).  My results were a lot better (slightly over breakeven) than the overall performance for that grade (~50% net loss, as a whole), but it was super labor/time intensive (read: "costly" - which opened my eyes a bit to why most of the subprime shops had to charge what "looked like" onerous rates, when translated into APR terms, just to stay in business) - but, of course, I learned that what I was doing - even though I wanted it to work - just simply wouldn't scale - not only because the NLP analysis part was "a very hard problem" to automate, but also because the whole idea of having borrowers write a three paragraph essay led to a tremendous amount of dropout and/or wasted time on their end, too.

Experian acquired Clarity a little while back - which, if they use it (and other "alternative data sources") right - and can strike the right balance on "privacy" - could seriously help give all these AI and/or machine learning algos (that have been talked up and fundraised upon, for so long, with not much to show for it) something meaningful and predictive to process.  I look forward to some real progress in that area, in the very near future.

Off Topic / Re: Google Finance Redesign Sucks
« on: March 20, 2018, 02:03:04 PM »
If you guys are really investing based on this info I would have guessed there would be sites that have inexpensive subscriptions. ie. way less than you are making trading.

I note your concern for us about the reliability of the data, but I am looking for balance between reliability, speed of access, and design which includes minimally relevant data (of which I find "volume" to absolutely be a necessarily relevant component).  I am, like you are, below, not inclined to either stay logged-in to anything or want to have to log-in to anything in order to look (I look many times a day, at a wide variety of things, as the need arises - only rarely, though - on the order of once every couple of weeks, or so - do I "trade").

In any event what about this site as an alternative?  I am not signed-in or signed-up in the image below.  I was just doing google searches and looking for volume related stuff.

NOTE that you can mouse over the lines below.

Thanks - again, too messy, and I'd have to manually configure the thing every time I opened it in order to set it up "properly" to see...

Yahoo Finance seems to work ok, on desktop/laptop, which is where I play, anyway, but I'd really prefer Google just fix what it broke.

Worst case, my VZ holdings get a traffic bump from other such Google Refugees, since they now own the Yahoo biz.  (Thanks, GOOG!)

Off Topic / Re: Google Finance Redesign Sucks
« on: March 19, 2018, 08:36:22 PM »
They really dumbed it down.  This is happening to many web sites, as they compete for the smartphone user, who has a tiny screen, so can't see much.

So true...  (Those tiny screens limit their field of view, in a variety of senses - there must be a better way - this is becoming pernicious.)

So I've been using google finance every day for the past few months, and now suddenly it is worthless.  Not only the problems you cite, but also they've ruined the charts.  They draw a curve no matter what the volume is.  If you're looking at a thinly traded stock, you want to see those disjoint lines, so you can see that it is thinly traded.  Now they just draw a curve, whether it means anything or not.  No option for OHLC bar chart.

We must swim in similar waters - this is exactly the use case that pissed me off the most.  Have my eye on a thinly-traded OTC stock which needs more roundlot holders in order to get a NASDAQ listing (I check it at close of business each day) and Google blinded me.

Volume is, naturally, important to read any move in price - to gauge relative strength and suss out cause (PR, event, rotation, algos) - regardless of the size of the issue one's looking at...  (If I were to wonder how "bad" Google's ~3% drop was, today, I'd get no help consulting Google Finance!)

Off Topic / Google Finance Redesign Sucks
« on: March 19, 2018, 04:19:00 PM »
First they fuck up "News", by "helpfully" limiting it to a picture and a story or two - now they fuck up "Finance", removing all volume info.

At many points during most days, I will interrupt my reading (or be interrupted by it), to go and take a quick eyeball at particular issues.

Does anyone have a workaround (other than migrating my queries over to Yahoo, which I am now doing) for the "helpful" new "Google Finance" redesign - wherein charts no longer contain or show any volume information (what idiot decided to leave that out)?  Once again, I am not a fan.

This sort of thing is becoming a pattern...

Off Topic / Re: Cash Parking
« on: March 12, 2018, 03:18:28 AM »
There's a 4% 60 monther lurking in the Southeast...  I, too, expect much better fishing for savers in the near future - nationwide.

Off Topic / Re: Cash Parking
« on: February 27, 2018, 02:43:32 AM »
13-month CD @ 2.75% APY (only avail for two days, 2/27 and 2/28, max $250k, must have residential address in MA, NH, ME, CT, VT, or RI):

(I'm terribly tempted to get on the phone with them tomorrow, put on my best Bahsten accent - I speak Brahmin and Southie - and try to find a sweet teller who will let me pretend I live out of my old office... but I probably can't get thea from heah.  Maybe some of you can - it looks like a sweet deal!)

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