Clearly a Pink Floyd fan!
Readit Newsneosavvy commented on Careful with That Lock, Eugene kaveland.no/careful-with-... · Posted by u/alflervag
neosavvy commented on Show HN: A “CRM” for personal relationships elim.app/eng/home... · Posted by u/Ritepaw
This is a great idea.
Also this would be very valuable for folks joining large organizations who need to keep track of who is good / bad and capture how happy they are with whom they work with.
neosavvy commented on Unofficial Spotify Client for the Nintendo Switch (PoC) gbatemp.net/threads/90spo... · Posted by u/mogery
Legend. This is cool and awesome facecropping demo on your github.
neosavvy commented on UBS Acquires Wealthfront for $1.4B reuters.com/business/fina... · Posted by u/blobbers
I've been researching robo-advisors quite a bit recently. They are really interesting and innovative.
I'll preface by saying that I have been talking to a lot of financial planners (at top-tier institutions). They basically set you up with a good set of ETFs, hedge funds, etc. and rebalance occasionally. Sometimes they do tax-loss harvesting. They also provide a few other nice little services. But at the end of the day, their fees are over 1% unless you have an ultra high net-worth.
In comparison, Wealthfront can automate huge strategies for a fraction of the cost (0.25%). For example:
- Direct Indexing (invest in an index by buying the stocks directly instead of a fund)
- Automatic investing, rebalancing, and tax-loss harvesting (including TLHing individual stocks within an index when paired with direct indexing)
- Coordinating trades between retirement and taxable accounts for optimal tax savings
- Smart beta (a custom weighted indexing algorithm)
Yes, a financial planner can do all of this (although most don't). But when they do, they just use automated software to do it. It would be impossible to implement these strategies manually. So why even go with a financial planner when Wealthfront does the same thing, but better/cheaper?
I agree that robo-advisors are great, but they do leave a lot to be desired. I’m actively working on a service that would drastically change the way people engage with robo-advisory accounts.
I for one prefer to make stock selections on my own, however Wealthfront, Betterment, and Personal Capital do not allow me to manage my own investments with any of the robo-advisory features. There is a huge opportunity in the space.
It would be great to talk to you about it - I’d love to hear your thoughts - any way we can connect?
neosavvy commented on Hatetris – Tetris which always gives you the worst piece qntm.org/hatetris... · Posted by u/rishabhd
I got one line.
neosavvy commented on Ask HN: Co-founder wants me to leave but won't entertain a buy out offer · Posted by u/fortydegrees
I’ve been through this. Twice.
Once it got hostile. Allocate some money to hire a lawyer. Have your lawyer send him an email as a first step with your buy out terms. This would be skipping a step I went through which was the disagreement where we realized we weren’t good for each other in business anymore.
Let your partner sit on that a while. He has no leg to stand on, and if folds and competes with an identical business you can sue him on grounds against his Fiduciary Duties to the current business.
Maybe also google “Fiduciary Duties”.
neosavvy commented on Refused U.S. visa eight times, Zoom CEO is now a billionaire bloomberg.com/news/articl... · Posted by u/petethomas
neosavvy commented on Refused U.S. visa eight times, Zoom CEO is now a billionaire bloomberg.com/news/articl... · Posted by u/petethomas
Zoom requires native install and has better resolution.
I've used many different screensharing / video conferencing solutions.
I especially miss the one called Screen Hero - purchased and killed by Slack.
I must admit though Zoom has been great, and everyone on the team loves it. They also give you a great try-before-you-buy setup (unlimited 40 minute meetings)
This is a good thing, they are being honest.