Search found 63 matches

by AnilG
Mon Oct 05, 2020 8:16 am
Forum: Investing - Theory, News & General
Topic: Hedgie's 55/45 With Other 3x Bond ETFs
Replies: 14
Views: 1345

Re: Hedgie's 55/45 With Other 3x Bond ETFs

TBT is ProShares UltraShort 20+ Year Treasury LETF (-2x). What is the reasoning behind adding an Inverse LETF to hedgie portfolio? TYD is 7-10 years 3x LETF and TMF is 20+ years 3x LETF. I was thinking of possibly introducing TYD (3x mid-term) and TBT (3x short term) bond ETFs to hedgie's portfolio,...
by AnilG
Mon Sep 21, 2020 2:58 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6596
Views: 623709

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Calendar quarter “phantom” outperformance is typical of securities issuing quarterly distributions and dividends and analysis being performed based on price adjusted for such distributions. Typically, after observing such pattern, an analysis using unadjusted price can confirm validity of such patte...
by AnilG
Sat Sep 19, 2020 9:11 pm
Forum: Personal Investments
Topic: Thoughts about Leveraged ETF's
Replies: 19
Views: 1175

Re: Thoughts about Leveraged ETF's

As with any investment, best thing you can do is to educate yourself about the investment. In the main thread about Leveraged ETFs (LETF), someone recommended two books, the first few chapters of both books were very valuable in my understanding of LETFs. Even before delving into LETFs, I am glad th...
by AnilG
Fri Sep 18, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6596
Views: 623709

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

The recent drop in performance is insignificant compared to the Top 5 Drawdowns in last 10 years for UPRO/TMF 40/60 no rebalancing strategy. Worst Drawdown Periods net drawdown in % peak date valley date recovery date duration 0 58.95 2020-02-19 2020-03-18 NaT NaN 1 41.65 2018-01-26 2018-12-24 2019-...
by AnilG
Fri Sep 11, 2020 8:11 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6596
Views: 623709

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Try DCA monthly instead of biweekly and use DCA to bring back allocation in balance. By reducing sale of rising ETF, you will reduce your capital gain tax bill. In my backtesting with TQQQ/TMF, biweekly rebalancing had poorer results compared to monthly rebalancing. I can't explain the reasons. I di...
by AnilG
Thu Sep 10, 2020 8:07 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6596
Views: 623709

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

20 day volatility = Standard Deviation of daily returns for past 20 trading days. inverse volatility = 1 / volatility = 1/ Standard Deviation Rebalancing using inverse volatility = portfolio allocation of an ETF = inverse volatility of the ETF / sum of inverse volatility of both ETFs. Refer to Secti...
by AnilG
Tue Sep 08, 2020 5:00 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6596
Views: 623709

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I am using TQQQ/TMF strategy with monthly rebalancing using inverse volatility with 20 day volatility. I personally think that including 6 months of volatility to set a portfolio today isn't the best route. We are rebalancing monthly with AAA so I prefer the volatility calculation to be shorter in d...
by AnilG
Fri Sep 04, 2020 6:20 pm
Forum: Personal Investments
Topic: Looking for a Roth IRA with rebalancing. (Hegdefundie adventure)
Replies: 23
Views: 1355

Re: Looking for a Roth IRA with rebalancing. (Hegdefundie adventure)

RovenSkyfall wrote: Fri Sep 04, 2020 9:22 am Why are you moving to taxable? Wont the re-balancing hurt with capital gains?
I prefer adventures and play money to stay in taxable account. IRA space is for long term investing, and not for trading and speculation.
by AnilG
Fri Sep 04, 2020 9:18 am
Forum: Personal Investments
Topic: Looking for a Roth IRA with rebalancing. (Hegdefundie adventure)
Replies: 23
Views: 1355

Re: Looking for a Roth IRA with rebalancing. (Hegdefundie adventure)

I am using IRA at Fidelity for hedgefundie adventure with TQQQ/TMF. Fidelity didn’t charge any transaction fee on these ETFs. I am doing monthly rebalancing with inverse volatility for allocation. I wrote a little Python program that automatically downloads prices from Yahoo, does the calculations, ...
by AnilG
Sat Aug 29, 2020 4:48 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6596
Views: 623709

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I read most of both threads but I don't understand reasoning behind combining highly correlated UPRO and TQQQ and then allocating larger portion to higher risk LETFs. Such allocation ignores any concept of risk parity. If you want 2x leverage why not just go with 2x LETFs? You will have lower volati...
by AnilG
Mon Jun 12, 2017 4:49 pm
Forum: Personal Consumer Issues
Topic: Best way to book multi-city international airfare itinerary?
Replies: 23
Views: 5313

Re: Best way to book multi-city international airfare itinerary?

I use Google Flights https://www.google.com/flights for finding and tracking the cheapest flights. It is good for multi-city International Itinerary. Then I will purchase either from Momondo http://www.momondo.com or Airline sites. Momondo is showing cheapest as $1,909 and best as $2,020 for your it...
by AnilG
Sun May 28, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 138
Views: 16002

Re: Play Money for Spouse....

Without your complete financial picture and goals, it is difficult to make suggestion. Is her income significant to achieving your basic goals? If there are any areas of shortfall in meeting collective goals, discuss that with your wife and have her come up with an amount that she wants to contribut...
by AnilG
Tue Feb 21, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Stand Up Desk
Replies: 29
Views: 4120

Re: Stand Up Desk

I have been using SmartDesk standup desk from Autonomous.ai for almost a year now. The table is quite sturdy and relatively inexpensive. I have the base model. I haven't had any issues with it. https://www.autonomous.ai/smartdesk-sit-to-stand-height-adjustable-standing-desk I will definitely recomme...
by AnilG
Tue Oct 11, 2016 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Retiremnet but nervous
Replies: 26
Views: 5732

Re: Considering Retiremnet but nervous

We are now in early 50s/late 40s and retired in 2013. Despite withdrawal for living expenses, our portfolio balance has gone up, as market has been growing. The major surprise has been on the expense reduction side. Our expenses have dropped almost 40% since early retirement. Our expenses has been s...
by AnilG
Fri Sep 23, 2016 12:34 am
Forum: Personal Investments
Topic: Optimum strategy for exiting lendingclub?
Replies: 12
Views: 5044

Re: Optimum strategy for exiting lendingclub?

You may need to employ multiple strategies to cash out quickly and efficiently. You want to do everything to minimize the impact of idle cash and fees. - Stop re-investing monthly payments received in Roth IRA. - Put all your notes on secondary market for sale. Sold notes will shorten the period of ...
by AnilG
Thu Sep 15, 2016 5:52 pm
Forum: Personal Investments
Topic: I invested $10,500 in a private US company [pressured to sell back shares]
Replies: 19
Views: 3150

Re: I invested $10,500 in a private US company [pressured to sell back shares]

I haven't been involved with Oil services for about 20 years now so my knowledge might be outdated. The small oil well drilling projects were typically funded similar to what you did. It used to be one of the favorite investment of Hollywood. I knew several small oil drillers in Houston area that ra...
by AnilG
Fri Sep 09, 2016 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Gas station - good business?
Replies: 69
Views: 7687

Re: Gas station - good business?

Are your friends going to staff and operate the gas station? I worked at a gas station as a cashier in early 90s in Houston. The staffing and overseeing them was a major issue. Sometime, staff (typically night shift) will call in that s/he can't come in and one of the owners had to fill in for the a...
by AnilG
Wed Aug 10, 2016 1:25 am
Forum: Personal Investments
Topic: Strategic Default on Timeshares
Replies: 7
Views: 1685

Re: Strategic Default on Timeshares

You may want to consider reviewing information at Timeshare User Group. Have you already explored sale or talked to resort operator?

http://www.tug2.net
by AnilG
Wed Jul 20, 2016 3:11 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 113
Views: 41139

Re: Betterment Review

I found this article about Robo-Adviser interesting. I just don't see how independent robo-advisors can survive on 0.15-0.25% fee until they can scale to the level of Vanguard AUM. More and more established investment houses offering their own free robo-advisor tools. The B2C Robo-Advisor Movement I...
by AnilG
Mon Jul 04, 2016 10:41 pm
Forum: Personal Consumer Issues
Topic: Condo vs Townhouse Living
Replies: 35
Views: 6439

Re: Fire escape

You might want to rethink your exit strategy. Most people will not survive a 300+ feet fall in water that you will encounter jumping off 35th floor assuming ground level swimming pool. Golden Gate Bridge is only 200 feet and it has 98% fatality rate for people jumping off the bridge in water. Even i...
by AnilG
Mon Jul 04, 2016 3:40 pm
Forum: Personal Consumer Issues
Topic: Condo vs Townhouse Living
Replies: 35
Views: 6439

Re: Condo vs Townhouse Living

As DINKs, we have lived in SFH, Townhouse, and Condos. We finally chose to buy and live in Condo. As DINK, we didn't need too much space, we found SFH to be typically larger than what we wanted. Mowing the yard, cleaning the roof, and other maintenance of SFH didn't appeal to us. The trend with town...
by AnilG
Thu Jun 30, 2016 10:30 am
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 8628

Re: Why is everyone up in arms about Costco's credit transition?

For us this Costco Citi card business has been a comedy of errors. My wife received one envelope with two cards. One with her name and her picture, second one with her name and my picture. Then few days later, I receive one envelope with one card with my name and my picture. I activated my card and ...
by AnilG
Mon Jun 27, 2016 3:14 pm
Forum: Personal Consumer Issues
Topic: Understand finance in depth from basics
Replies: 23
Views: 1921

Re: Understand finance in depth from basics

Yes, you can buy books without registering for Exam. I did that. IIRC, you just open an account at CFAI site, then send an email to email address on CFAI contact page with info about your account and requesting purchase of CFA Level I books without registering for exam. You will receive email reply ...
by AnilG
Mon Jun 27, 2016 9:16 am
Forum: Personal Consumer Issues
Topic: Understand finance in depth from basics
Replies: 23
Views: 1921

Re: Understand finance in depth from basics

I will recommend official CFA Institute study material for Level 1. You can buy all six books for only $150 total. The material is very good. The text and problem set may keep you busy for a year or so but will give you solid understanding. Then, you can decide which direction you want to specialize...
by AnilG
Mon Jun 13, 2016 4:53 pm
Forum: Personal Consumer Issues
Topic: Virtual Reality
Replies: 15
Views: 2318

Re: Virtual Reality

Just curious if anyone has thoughts on what VR could be used for beyond immersive Games and Movies? What type of things VR users might be interested in VR applications beyond games and movies? Also anyone familiar with VR app development? Recently, I looked into Unity3D VR for development. It seems ...
by AnilG
Mon May 09, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Adding Spouse To Single-Member LLC?
Replies: 11
Views: 2526

Re: Adding Spouse To Single-Member LLC?

One of the member need to keep majority stake. Specify a managing partner, who has management control, and process of divesture of stake by a member. OP should consider consulting with a lawyer, IANAL. In my LLC's I prefer my wife and I to not have 50:50 stake. It is a nightmare waiting to happen in...
by AnilG
Sun May 08, 2016 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Adding Spouse To Single-Member LLC?
Replies: 11
Views: 2526

Re: Adding Spouse To Single-Member LLC?

What will be the benefit of adding your spouse to LLC? IANAL, the LLC will still be considered single member LLC after adding spouse.
by AnilG
Sun May 08, 2016 2:48 am
Forum: Personal Consumer Issues
Topic: Anyone have one of those standing desks?
Replies: 45
Views: 7513

Re: Anyone have one of those standing desks?

I ordered mine from Autonomous.ai for $299+shipping (~$350) but haven't received yet. It seems to have good reviews.

https://www.autonomous.ai/desk

Someone posted on their Facebook page that you can get similar one directly from China for $199.
by AnilG
Fri May 06, 2016 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Keep high amounts of cash for lower ACA premiums?
Replies: 37
Views: 5603

Re: Keep high amounts of cash for lower ACA premiums?

We have been doing this for now few years. We are early retirees and have another 11 and 14 years to go to reach age 62. We don't withdraw from our retirement investment accounts, only from taxable investment accounts. We only keep about 6 months of expenses as cash. To meet expenses, we sell enough...
by AnilG
Wed May 04, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay back my parents back for paying for some my college costs
Replies: 59
Views: 9393

Re: Should I pay back my parents back for paying for some my college costs

I give my parents $6-10K each year and have been doing this for 25 years now. I don't call it paying back. I doubt they would accept the money if I call it as paying them back. My parents were high-school drop-outs and blue collar workers. Contrary to what their friends and neighbors did and advised...
by AnilG
Thu Apr 28, 2016 6:31 pm
Forum: Investing - Theory, News & General
Topic: Almost bought an individual stock today...
Replies: 44
Views: 5936

Re: Almost bought an individual stock today...

I have a small portion of my portfolio allocated to play money. Most of the time I put this play money in stocks. I have learnt a lot from investing in stocks - analyzing companies and industries, reviewing financial statements and SEC filings, identifying shenanigans, trends etc. While I have had s...
by AnilG
Tue Apr 19, 2016 2:38 am
Forum: Investing - Theory, News & General
Topic: Stock picking services
Replies: 39
Views: 3850

Re: Stock picking services

If the newsletter picks work for you as the baseline stock universe to select stock from, then there is nothing wrong with it. Every stock buyer has to start from a limited number of stocks as you can't evaluate all stocks. Some use newsletter picks, some use their favorite fund (hedge/mutual) manag...
by AnilG
Fri Apr 01, 2016 12:58 pm
Forum: Personal Consumer Issues
Topic: Five Best National Parks to Visit?
Replies: 99
Views: 12232

Re: Five Best National Parks to Visit?

Every year during summer, we go on a road trip for 4-6 weeks camping at national parks and other nature attractions. Last Year, we visited Glacier, Waterton, Banff, and Jasper. The year before we visited Yosemite, Lake Tahoe, Grand Teton and Yellowstone. This summer, we were initially thinking of Gr...
by AnilG
Fri Apr 01, 2016 11:05 am
Forum: Personal Consumer Issues
Topic: do you do airbnb ??
Replies: 64
Views: 7835

Re: do you do airbnb ??

We have used AirBnB to stay in San Francisco, Vancouver BC, Tokyo, and Sendai, Japan. We have only positive things to say about our experiences staying with AirBnB hosts. We rent private accomodation and rarely interacted with hosts during our stay. We also had positive experience with AirBnB custom...
by AnilG
Mon Mar 14, 2016 11:11 pm
Forum: Personal Consumer Issues
Topic: LASIK surgery
Replies: 23
Views: 3614

Re: LASIK surgery

I had Lasik surgery in 1999. The good part. I didn't need glasses again for 16 years and had perfect vision. The bad parts. In 2012 I needed cataract surgery and I couldn't recall the prescription information and didn't have access to eye topology mapping done before Lasik surgery. Apparently, this ...
by AnilG
Mon Mar 14, 2016 4:20 pm
Forum: Personal Investments
Topic: How do I or should I start my own fund ?
Replies: 52
Views: 6537

Re: How do I or should I start my own fund ?

Unless you want to start working as Analyst at a fund and rise through the ranks to Fund Manager, you might want to consider following steps to reach the goal of managing other people's money (OPM). Become Registered Investment Advisor (RIA) Solicit your family and friends to manage some of their mo...
by AnilG
Sat Dec 19, 2015 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Allianz Global Assistance - trip insurance worth it?
Replies: 7
Views: 1275

Re: Allianz Global Assistance - trip insurance worth it?

Allianz is a major insurance company. IIRC, they landed with UA deal through acquiring Traveler's business unit. Allianz most likely have a few different travel insurance products covering wide-variety of scenarios. My experience was with buying travel insurance during purchase of ticket through UA ...
by AnilG
Fri Dec 18, 2015 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Allianz Global Assistance - trip insurance worth it?
Replies: 7
Views: 1275

Re: Allianz Global Assistance - trip insurance worth it?

Not worth it! If you decide to make a claim, Allianz will frustrate you by delayed and slow communications, nit-picking on submitted documents, requesting one document at a time, waiting 7-10 days after you submit document and then coming up with a new requirement and a new set of documents. Do a Go...
by AnilG
Wed Dec 16, 2015 6:57 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Forced Irrationality
Replies: 2
Views: 868

Avoiding Forced Irrationality

I thought Bogleheads may like this post from Ben Carlson Avoiding Forced Irrationality http://awealthofcommonsense.com/avoiding-forced-irrationality/ A few highlights that echoed with me: Not having enough high quality sources of short-term liquidity for spending needs. Not having a portfolio in pla...
by AnilG
Mon Nov 30, 2015 10:05 pm
Forum: Personal Investments
Topic: Transition to retirement (income stream?)
Replies: 24
Views: 3412

Re: Transition to retirement (income stream?)

I can share my experience as my wife and I retired 2 years ago at the same age as you both are. Before retiring, we tracked expenses for couple of years so we had good idea what our expenses may be after retiring and how much investments to convert to cash every year. We follow KISS principle. We on...
by AnilG
Sat Nov 07, 2015 3:33 pm
Forum: Personal Investments
Topic: Evaluating My Year Dabbling with Motley Fool
Replies: 33
Views: 10555

Re: Evaluating My Year Dabbling with Motley Fool

Are you interested in learning more about security selection, industry and company analysis, and financial analysis? You could use "play money" to learn. I have a $50K play money portfolio that I use to learn and experiment different investment types. It is very different feeling when you have real ...
by AnilG
Mon Nov 02, 2015 2:31 am
Forum: Personal Finance (Not Investing)
Topic: Helping others become like us...
Replies: 44
Views: 4016

Re: Helping others become like us...

Please be careful even if you are doing for fun, free and as side activity specially if you start to give specific investment advise like suggesting better investments on one-on-one basis. There are several state and federal regulations governing who can give financial advise. Most states require yo...
by AnilG
Sun Nov 01, 2015 11:26 pm
Forum: Investing - Theory, News & General
Topic: Risky Side of Index Funds
Replies: 38
Views: 5615

Re: Risky Side of Index Funds

Previously I haven't thought from an index investor perspective how to make these findings actionable. Majority of my actions based on these research has been on individual stocks selection side. Anyway, a few quick hits on how such research could influence index investors to take actions. I agree w...
by AnilG
Sun Nov 01, 2015 5:40 pm
Forum: Investing - Theory, News & General
Topic: Risky Side of Index Funds
Replies: 38
Views: 5615

Re: Risky Side of Index Funds

If you want to learn more about risky side of index funds, look at academic research on index investing and index trading. The case you point out is well publicized and researched now, Impact of Index Membership on Individual Stock Performance. The correlation between stocks from different industry ...
by AnilG
Sat Oct 31, 2015 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Adding spouse to side 1099 biz
Replies: 9
Views: 995

Re: Adding spouse to side 1099 biz

Is there NO benefit then in my case? Is your wife actively engaged in the business? Does she do anything directly for the business? If she does, you might be able to write off some or all of her business-related expenses. This can result in significant deductions as business expenses that may not b...
by AnilG
Thu Oct 29, 2015 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Adding spouse to side 1099 biz
Replies: 9
Views: 995

Re: Adding spouse to side 1099 biz

Why do you want to add your spouse to LLC? IMO, there are no benefit to it. For tax purposes, you still will be treated as single-member LLC. You just need to file amendments to article of organization and operating agreement.
by AnilG
Mon Oct 12, 2015 9:09 pm
Forum: Personal Consumer Issues
Topic: MacBook Air
Replies: 21
Views: 2344

Re: MacBook Air

Apple Store replaced Battery and Top Case Assembly. $438.00 was listed on work service order for the battery with top case assembly and hardware repair labor. http://www.apple.com/v20110414080359/support/macbookpro/service/battery/ lists $199 for replacement battery. As battery is glued to the top a...
by AnilG
Mon Oct 12, 2015 12:40 pm
Forum: Personal Consumer Issues
Topic: MacBook Air
Replies: 21
Views: 2344

Re: MacBook Air

Instead of Macbook Air, consider the new Macbook. It comes with retina display. I use a 2012 Macbook Pro with Retina Display and love the display. I will not trade this display for non-retina display. The only negative point for new Macbook is that it is not good for performance-intensive applicatio...