Search found 452 matches

by Lauretta
Sat Feb 24, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Euro government bond ETFs vs cash, accumulating REIT ETFs?
Replies: 34
Views: 2911

Re: Euro government bond ETFs vs cash, accumulating REIT ETFs?

Hello Lauretta et al, I believe we that we are saying the same thing. Just for the good comprehension of all here is some more info based on M*. My understanding (and I would welcome correction): Return_of_the_fund = return_of_the_assets - ongoing_charge - performance_fees - cost_of_the_fund_for_tr...
by Lauretta
Sat Feb 24, 2018 7:05 am
Forum: Investing - Help with Personal Investments
Topic: P2P Platforms for EU investors?
Replies: 2
Views: 128

Re: P2P Platforms for EU investors?

The performance has not been great in P2P over the last few years. I can't imagine how bad it will get if we hit a recession. Even with the economy doing well, the default rate has taken off. The upside doesn't seem to justify the risk anymore, especially considering the taxibility of those investm...
by Lauretta
Sat Feb 24, 2018 5:32 am
Forum: Investing - Help with Personal Investments
Topic: P2P Platforms for EU investors?
Replies: 2
Views: 128

P2P Platforms for EU investors?

In a recent thread on Larry Swedroe's latest article which discusses the possibility that stocks and bonds might fall concomitantly, a number of alternative investments have been discussed, which include P2P lending. Have you any experience with a P2P platform lending Euros? Also, one American inves...
by Lauretta
Sat Feb 24, 2018 4:17 am
Forum: Investing - Help with Personal Investments
Topic: Euro government bond ETFs vs cash, accumulating REIT ETFs?
Replies: 34
Views: 2911

Re: Euro government bond ETFs vs cash, accumulating REIT ETFs?

Hello, It is my understanding that the ER do European Etf's represent all the costs relate to the "management" of the fund, but do not include the cost the fund incur due to the trading of its assets. In my experience if fact sheets of eu-domiciled Eft's have two entries for ER and TER then the amo...
by Lauretta
Fri Feb 23, 2018 11:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Investors Should Worry About
Replies: 53
Views: 3454

Re: Larry Swedroe: What Investors Should Worry About

Frankly, if it weren't for the platform risk, I'd invest considerably more than I do in P2P notes (they are currently less than 4% of my portfolio) because the returns are good and stable. Even so, I might eventually bump this up to 10% of my portfolio. Once I gain accredited investor status, I'll ...
by Lauretta
Fri Feb 23, 2018 11:16 pm
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 80
Views: 11683

Re: The Emerging Markets "lost decade" is over

Also, considering the scope of both Enron+ scandals and the grotesquely fraudulent housing bubble that nearly collapsed the global economy, I find it very curious how quickly we like to point fingers at other, even more corrupt markets. Also, we too have petty or not so petty bribery in this countr...
by Lauretta
Fri Feb 23, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Euro government bond ETFs vs cash, accumulating REIT ETFs?
Replies: 34
Views: 2911

Re: Euro government bond ETFs vs cash, accumulating REIT ETFs?

Hi Finvestor concerning your first question, indeed I don't think bonds are worth investing in for euro investors at the moment because of negative rates and the problems you mention. Concerning EM bonds I understand that some are denominated in Euros when they are issued, so they shouldn't have th...
by Lauretta
Fri Feb 23, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 80
Views: 11683

Re: The Emerging Markets "lost decade" is over

My takeaway is that correlations between valuations (whether P/BV or P/E or CAPE10) will always be overstated since the price change shows up in both sides of the regression, making it tautological. Even if price movements were a pure random walk, with no dependence on valuations, a regression betw...
by Lauretta
Fri Feb 23, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Investors Should Worry About
Replies: 53
Views: 3454

Re: Larry Swedroe: What Investors Should Worry About

I know all this is hypothetical, but I wonder what the implication for stock markets outside the US would be in the scenario described in this piece. For example if the S&P500 experiences a sharp drop, probably EM would drop by at least a similar amount; however over a long period of time it seems p...
by Lauretta
Fri Feb 23, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Investors Should Worry About
Replies: 53
Views: 3454

Re: Larry Swedroe: What Investors Should Worry About

(iv) Value-momentum-carry-defensive ‘risk factors’ (Long-short). Up to a certain point, tilting equities to value-momentum-carry-defensive (long only), in theory could achieve the same effect, holding implied stock:bond mixes across the portfolios equal (for moderate tilts to these factors). . Inte...
by Lauretta
Thu Feb 22, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Euro government bond ETFs vs cash, accumulating REIT ETFs?
Replies: 34
Views: 2911

Re: Euro government bond ETFs vs cash, accumulating REIT ETFs?

Thanks, btw the ishares ETF you mentioned is also interesting; at the moment I personally think it's not worth investing in it because the yield of the short maturity bonds is brought down by the hedging costs, and the longer maturity bonds are quite risky because of interest rates rising. Once we ...
by Lauretta
Thu Feb 22, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 2687

Re: Terminology question: what does "losing money" mean?

2) All three funds failed to lost to inflation. I certainly would not use 2) I'm not English but that sentence doesn't seem to make sense. I means I still haven't learned to proofread my postings properly. It's a mistake. I first wrote "failed to keep up with inflation," then meant to change it to ...
by Lauretta
Thu Feb 22, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 2687

Re: Terminology question: what does "losing money" mean?

nisiprius wrote:
Thu Feb 22, 2018 1:09 pm

2) All three funds failed to lost to inflation.
I certainly would not use 2) I'm not English but that sentence doesn't seem to make sense.
by Lauretta
Thu Feb 22, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Euro government bond ETFs vs cash, accumulating REIT ETFs?
Replies: 34
Views: 2911

Re: Euro government bond ETFs vs cash, accumulating REIT ETFs?

In fact I have a small allocation in EM bonds; it is an actively managed fund - I know, not a very Boglehead kind of choice... Some time ago a writer whose name now escapes me argued that for EM bonds, active management might have an edge, and indeed during recent years the fund has slightly outper...
by Lauretta
Thu Feb 22, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 80
Views: 11683

Re: The Emerging Markets "lost decade" is over

I came across this interesting article on them yesterday http://www.iijournals.com/doi/abs/10.3905/joi.2017.26.1.117 you need to register to download it, but basically it shows, based on past data, that there is an inverse relationship between present P/BV and future returns (as would be expected)....
by Lauretta
Mon Feb 19, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Euro government bond ETFs vs cash, accumulating REIT ETFs?
Replies: 34
Views: 2911

Re: Euro government bond ETFs vs cash, accumulating REIT ETFs?

In fact I have a small allocation in EM bonds; it is an actively managed fund - I know, not a very Boglehead kind of choice... Some time ago a writer whose name now escapes me argued that for EM bonds, active management might have an edge, and indeed during recent years the fund has slightly outper...
by Lauretta
Mon Feb 19, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

Please read the Larry Swedroe article. It's all in there. Long-term economic performance matters, not short-term co-variation in risk appetite (i.e. not time-varying risk premia): "The worst cases for the global portfolios are significantly better (their losses were much smaller) than the worst cas...
by Lauretta
Mon Feb 19, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

A currency hedge can increase portfolio SD if the nominal exchange rate highly negatively correlates with foreign-currency returns (see e.g. a paper by Vanguard ). Yes but if it positively correlates the SD is higher for an unhedged portfolio. The USDX is positively correlated to the performance of...
by Lauretta
Mon Feb 19, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

I'm not sure but I think the question I was curious about might be a little different. Let me try to explain: - Let's say you are a dual-citizen (US + a 3rd world country like Sri lanka). - You work in the US, but will retire in Sri lanka. Let's say you want 100% total world stock (e.g. Vanguard VT...
by Lauretta
Mon Feb 19, 2018 2:01 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

Concerning the currency risk yes it seems to me that, particularly as one gets close to retirement, it makes sense to have the majority of one's assets denominated in the currency you will spend. I came across this thread. I'd like to understand, what is the reasoning behind this? ("have the majori...
by Lauretta
Mon Feb 19, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

Quoting Bill Bernstein regarding a series of simulated 15-stock portfolios (my bold), albeit not the 'largest 40': the TWD of these 15-stock portfolios is staggering—three-quarters of them failed to beat "the market" ... the scatter of returns was quite high, with more than a few portfolios underpe...
by Lauretta
Sun Feb 18, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

Glad you like it :) You can also see a chart of US Small PE10 over time, on a different RA site: https://interactive.researchaffiliates.com/asset-allocation#!/?currency=USD&expanded=tertiary&group=core&model=ER&models=ER&scale=LINEAR&terms=REAL&tertiary=shiller-pe-cape-ratio-line&type=Equities If t...
by Lauretta
Sun Feb 18, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

Lauretta, on expensive smallcap stocks: If you haven’t seen it yet, check out https://interactive.researchaffiliates.com/smart-beta.html which attempts to estimate 5 year excess returns from various long only strategies including Small Cap. The page also gives estimates for 5 yr returns from variou...
by Lauretta
Sun Feb 18, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

Now what about the bonds? Are they Italian government bonds? Or more diversified? Actually at the time I wrote the post I had made up my mind (sort of) about the stock allocation but didn't know about bonds yet - that's why I wrote cash+bonds. But in practice I have only cash and cash-like investme...
by Lauretta
Sun Feb 18, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Expected return of US vs International, basic question
Replies: 26
Views: 1382

Re: Expected return of US vs International, basic question

The higher valuation of the US market now, and the excellent performance of the US market particularly since the financial crash, is to a significant extent the function of the success of US tech companies in that period. In particular, the FAANGs -FB Apple Amazon Netflix Google/ Alphabet. I have s...
by Lauretta
Sun Feb 18, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

Lauretta, let me ask you something. Do you actually invest with Italy-only funds (or Europe-only) funds? Or do you actually use US funds (while dealing with local exchange rates and inflation)? Could you please share the specifics of your asset allocation? I would be curious to research a bit more ...
by Lauretta
Sun Feb 18, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Genius Needed -- Thoughts on My Asset Allocation? [UK]
Replies: 26
Views: 1501

Re: Genius Needed -- Thoughts on My Asset Allocation? [UK]

I am not sure it's a good idea to ask for financial advice from geniuses. Sir Isaac Newton lost the equivalent of several millions of pounds in the stock market and, if you look at artistic genius, Richard Wagner was so poor for most of his life that his dog abandoned him in Paris... Anyway, concern...
by Lauretta
Sat Feb 17, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

If you are Excel-inclined, don't stop at the literature from Swedroe (which, quite frankly, isn't terribly well researched), download the Simba backtesting spreadsheet , and play around for a while. The more you research and learn by yourself, the more you'll truly trust whatever strategy you'll se...
by Lauretta
Sat Feb 17, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

jmk wrote:
Sat Feb 17, 2018 3:36 pm
The underlying point LP is to use higher expected return funds in order to increase safe portion to control tail risk. So if sc doesn’t suit you you could use more emerging or a smart beta fund.
thank you, good point, you are right of course, and I am indeed a bit more confortable with EM.
by Lauretta
Sat Feb 17, 2018 3:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

This clearly would require nerves made of titanium. Really? The large dose of safe bonds should narrow the SD. One could create a TSM/TBM portfolio with same expected return but it would have a larger equity allocation, exposure to only one equity risk factor as opposed to three, and highly likely ...
by Lauretta
Sat Feb 17, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

That being said, an obvious reason why many investors shy away from international stocks is that, in total, they have dramatically underperformed the U.S. market for almost the last 30 years. That contradicts your argument above. Investors shying away from international means higher domestic prices...
by Lauretta
Sat Feb 17, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

The idea of a 'barbell' portfolio came from Nassim Taleb, Larry Swedroe just anchored himself to this fundamental idea of combining a very 'safe' vehicle (e.g. 70% IT bonds) with a smaller portion of highly risky vehicles (e.g. SCV, Emerging, Int'l Small - say 10% of each). For this to work, it is ...
by Lauretta
Sat Feb 17, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 87
Views: 7408

Re: How to deal with regret

Do I have your permission to link back to this thread the next time a "Lump Sum vs. Dollar Cost Averaging" thread catches my interest, and all the responses seem to forget that we are all only human, and that some of us are lucky enough to have our memories intact? (Just to be clear, my method of d...
by Lauretta
Sat Feb 17, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

Is it "a fact" that small caps are expensive? I continually read statements in the forum and elsewhere that one asset class or another is "expensive" or "cheap" and I never understand how anybody knows. Well on the general question of valuations, you may read Mr Swedroe's latest article on Int'l, w...
by Lauretta
Sat Feb 17, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3268

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

Looking at the 1 year fordward estimated P/E given in the second PDF: MSCI US Small Cap Value 17.45 MSCI USA 18.89 (for January 31st). The forward p/es will be lower now after the stock declines no doubt. It could be that one-year forward P/E is not always so useful, due to notorious over-estimatio...
by Lauretta
Sat Feb 17, 2018 6:42 am
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

but now I have to buy everything with devalued currency so it balances out, although my timing was quite fortunate because I had a large lump sum which was invested just prior to Brexit. Trying to market time currency markets is even more futile than trying to time the stock market Yes I agree, I r...
by Lauretta
Sat Feb 17, 2018 6:29 am
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

1) What percentage of equities should a non-US investor invest in the US? Why? Should it be a part of an international bucket? Why/Why not? As a Eurozone investor I have about 15% invested in the US (~10% in the S&P500 and ~10% in a world small/mid cap value ETF, half of which (thus 5%) is in the U...
by Lauretta
Sat Feb 17, 2018 6:02 am
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

1) What percentage of equities should a non-US investor invest in the US? Why? Should it be a part of an international bucket? Why/Why not? As a Eurozone investor I have about 15% invested in the US (~10% in the S&P500 and ~10% in a world small/mid cap value ETF, half of which (thus 5%) is in the U...
by Lauretta
Fri Feb 16, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

1) What percentage of equities should a non-US investor invest in the US? Why? Should it be a part of an international bucket? Why/Why not? As a Eurozone investor I have about 15% invested in the US (~10% in the S&P500 and ~10% in a world small/mid cap value ETF, half of which (thus 5%) is in the U...
by Lauretta
Thu Feb 15, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 843

Re: Do you currency hedge Int'l?

Intuitively it makes sense that you can get better results, since you can take advantage of mean reversion when you sell the asset that has gone up more to buy the one that has lagged (though it depends on the frequency of rebalancing) Asset "A" has an annualized growth rate of 10%. Asset "B" has a...
by Lauretta
Thu Feb 15, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 843

Re: Do you currency hedge Int'l?

But that isn't necessarily true for rebalancing between non-correlated assets with similar long term risk/reward expectations. If two assets are non-correlated and have similar long term risk/reward expectations it doesn't matter which one you chose or what the mix is. In the long run you will wind...
by Lauretta
Thu Feb 15, 2018 1:38 pm
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 843

Re: Do you currency hedge Int'l?

... could help to provide a rebalancing bonus, through selling high and/or buying low. Rebalancing is about risk control not about achieving some kind of "bonus". In the long run rebalncing is going to reduce your return not give you a bonus. This is pretty clear when we are talking stocks and bond...
by Lauretta
Thu Feb 15, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

I think the really great international diversifier is international small value, perhaps even better than emerging markets. International small much more influenced by local economic conditions than the large multinational companies. Dave Yes excellent point about international small as a diversifi...
by Lauretta
Thu Feb 15, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 843

Re: Do you currency hedge Int'l?

In the shorter run I would expect (at least in the US) unhedged funds to outperform hedged funds because foreign currencies were falling for several years before 2016-2017, and that appears to be reversing. These bouts of currencies outperforming tend to go in cycles of 5-10 years, so I imagine peo...
by Lauretta
Thu Feb 15, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 843

Re: Do you currency hedge Int'l?

I do not currency hedge international because it defeats the purpose of reducing correlation with domestic. Ok, I understand the diversification benefit, but there's also a currency risk, particularly if you are retired say and you are withdrawing from your portfolio: if a big chunk of it has forei...
by Lauretta
Thu Feb 15, 2018 8:12 am
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 843

Re: Do you currency hedge Int'l?

I do not hedge because it costs something and it likely won't matter. Fun fact, a fund's ER does not include the bulk of hedging costs. if by hedging costs you mean those due to the interest rate differential, as I mentioned they are actually in your favour as a US investor for say the Eurozone, so...
by Lauretta
Thu Feb 15, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Do you currency hedge Int'l?
Replies: 18
Views: 843

Do you currency hedge Int'l?

Larry Swedroe has made a good case for Int'l also based on valuations. I also like this analysis showing the case in favour of non US stocks based on CAPE: https://www.starcapital.de/en/research/stock-market-valuation/ If you agree with this and you have a large Int'l allocation, my question is: do ...
by Lauretta
Wed Feb 14, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 7468

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

Good article, I have overweighted EM also after reading the Keppler and Encinosa paper quoted by LS. Whilst I overweight Europe and EM because of valuations (and for the Eurozone's case also because I don't want to take too much currency risk) I have seen arguments according to which the higher CAPE...
by Lauretta
Wed Feb 14, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: Dual Momentum Investing
Replies: 228
Views: 42490

Re: Dual Momentum Investing

For those who practice trend following, what are your related tools and information sources? I can certainly throw a 200 day SMA on an equity index ETF stock chart, but that is pretty cumbersome to do frequently and for several different asset classes. Portfolio Visualizer is one of the most user f...
by Lauretta
Wed Feb 14, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6642

Re: Day trading for a living/career?

The bid-ask spread alone was a great way to make money. Decimalization tightened spreads down quite a bit. As others have mentioned, HFT took away profitable opportunities that I was able to do very quickly by hand. I usually made hundreds of trades daily, often being in a stock for seconds at a ti...