Search found 259 matches

by Trader/Investor
Thu Jul 04, 2019 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Would we regret buying a 2nd home?
Replies: 90
Views: 8654

Re: Would we regret buying a 2nd home?

A most topical post for my situation and this thread has me been rethinking buying a second home. I am 72, single, debt free and my passion has always been hiking. My dream has been to buy a home in Seven Devils NC (between Boone and Banner Elk) where I can walk out my door in be on National forest ...
by Trader/Investor
Sun Mar 03, 2019 9:10 pm
Forum: Personal Consumer Issues
Topic: Why do you live where you live?
Replies: 134
Views: 9486

Re: Why do you live where you live?

I lived here, there, and everywhere in my 20s - Louisville, Dayton, Cleveland, Rochester, and Santa Monica. Then from 1980 to 1996 I lived in a place that everyday I thought was heaven on earth - Reno NV. Snow capped Mount Rose always in sight and great hiking all around. I especially loved hiking i...
by Trader/Investor
Sat Feb 16, 2019 2:51 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1498
Views: 156458

Re: Personal favorite TV/cable series

I just started binging Banshee from Cinemax. I've binged most of the other known famous ones over the last 2 years since retiring. Banshee is very brutal in some parts and has a bit too much sex for my taste. But if you like MMA type fighting (although it is not actual fighting in the ring but ofte...
by Trader/Investor
Sat Feb 16, 2019 12:37 am
Forum: Personal Consumer Issues
Topic: What are your best retirement years?
Replies: 50
Views: 4625

Re: What are your best retirement years?

Much to my surprise I am finding the early 70s the best years of my life. I am finally able to spend money without regret. And I hike, hike, and hike more than ever before. I especially enjoy hanging out by remote and secluded waterfalls off trail where nary another human is ever seen.
by Trader/Investor
Tue Jan 29, 2019 7:16 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 46275

Re: What lifestyle creep made you happier?

Nissan Xterras. I own three now and looking for my fourth. They fit my lifestyle and my original one is by far the best vehicle I ever owned maintenance-wise. They quit making them in 2015. I want to make sure when I go to the grave I am still driving a Nissan Xterra.
by Trader/Investor
Tue Jan 29, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: Do you do backpacking in your 50s or 60s?
Replies: 51
Views: 3945

Re: Do you do backpacking in your 50s or 60s?

I will be 72 in April and still backpack. Not as much as when I lived out west in the Sierras though. Primarily in the Wilson Creek Wilderness area of NC. I am not a fan of the AT. That's because I seek solitude when I hike and backpack. I hike more than backpack now and try to hike almost everyday....
by Trader/Investor
Sat Jan 26, 2019 11:31 pm
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 4077

Re: What do you think about swing trading?

Your comments about trying paper trading or a virtual account are bogus. Those are worthless endeavors. That is because trading is all about psychology, risk, and money management. The risk element is not in play when you are paper trading. A good trader could use darts for his entries. It is how he...
by Trader/Investor
Sat Jan 26, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 4077

Re: What do you think about swing trading?

Back in the early 90s I ranted and raved against the pretenders in Vendorville in Bo Thunman’s Club 3000 newsletter Was that the same Club 3000 newsletter that came on single sheet green paper? I understand “3000” came from the average cost of a trading system. I never bought one of those systems b...
by Trader/Investor
Sat Jan 26, 2019 12:52 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 4077

Re: What do you think about swing trading?

The very nice generous person offers paid one on one consulting. How noble of him. Where can I nominate him for the Nobel? All I can say is that if I developed a fool proof way to swing trade, I would be too busy swing trading from my yacht to bother with the pittance you would pay me for my time. ...
by Trader/Investor
Sat Jan 26, 2019 12:38 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 4077

Re: What do you think about swing trading?

OK, here are some of my true stories. As a disclaimer I don't know anything about Evan Medeiros. The bottom line below is don't be a sucker. Long, long ago I received a letter from a frustrated trader. The letter began by saying “ I’m a desperate trader, desperate to succeed. I left my job eight mon...
by Trader/Investor
Sat Jan 26, 2019 12:26 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 4077

Re: What do you think about swing trading?

Track record is hypothetical, a ploy of the Dream Merchants. 99.9% of the Dream Merchants are failed traders and make their living preying on the naive who are in search of easy money. I know one guy who has a stock service which shows great results too. He lives in a single wide trailer and is brok...
by Trader/Investor
Fri Jan 25, 2019 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: No Children, what will your legacy be?
Replies: 118
Views: 9389

Re: No Children, what will your legacy be?

The bulk of my estate will go to the Blue Ridge Conservancy and my local National Park for the construction of new trails.
by Trader/Investor
Fri Jan 25, 2019 6:01 pm
Forum: Personal Investments
Topic: PIMIX, income, cash, interest rates?
Replies: 65
Views: 8517

Re: PIMIX, income, cash, interest rates?

Not sure about your comment on VWEHX. Junk bonds are close to their all time historical highs on a total return basis, even more so VWEHX. Much closer than the major market equity indexes. As for PIMIX it is a multi sector bond fund and hence holds a bit of everything. By no means is it a junky fund...
by Trader/Investor
Sun Dec 09, 2018 6:56 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2444
Views: 449596

Re: What are you up YTD? [Year To Date]

+4.12% as of Friday's close primarily due to legacy non agency rmbs bond funds. Am now 100% in cash - Fidelity's money market fund FMPXX. Am done for the year regardless of what occurs these last few weeks. Waiting to see what Bondville does the first week or so of 2019. Am disappointed the Fed appe...
by Trader/Investor
Wed Jun 06, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 110165

Re: How much money do you want to retire?

You will die sooner than you think and don't save the best for last. 2 million was my goal and now with 2.3 million finding it hard on where and what to spend my money on. Worry more now about dying with too much than not enough. Especially in light of rising money market rates. No plans to move sin...
by Trader/Investor
Sun May 06, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 113
Views: 12054

Re: Bucket List Adventures/Activities

Interesting to see what people have on their list. For me? I don't really have a bucket list. And I thought I was the only one not into bucket lists. All I do and all I want to do till the day I pass is hike in KY, TN, and NC. Did the western hiking thing when I lived out west in Reno. A tidbit few...
by Trader/Investor
Sun May 06, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: Natural Life Expectancy
Replies: 17
Views: 1877

Re: Natural Live Expectancy

How can this question not lead to a religious discussion? The Bible identifies several people living 700, 800, 900 years before the flood. But not everyone believes the Bible. Believing in the Bible and taking what is written in the Old Testament literally are two entirely different topics. Old tim...
by Trader/Investor
Fri Apr 06, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Second home [buy with retirement funds?]
Replies: 51
Views: 4398

Re: Second home [buy with retirement funds?]

I was in a somewhat similar situation. My dream was to buy a second home outside of Boone NC (Seven Devils) for six months of hiking. I had been going to that area for many years renting homes for weeks at a time. Had many friends there and active with several different hiking groups. Like you buyin...
by Trader/Investor
Thu Mar 15, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: Scottrade/TD Ameritrade merger - Yuck!
Replies: 19
Views: 5502

Re: Scottrade/TD Ameritrade merger - Yuck!

My worst nightmare has been realized. My accumulated bond dividends from when my positions were at Scottrade are lost in space. Did your dividends finally arrive? We're now 12 days into the month, and mine are STILL missing. TDA seems unable to explain what has gone wrong, and has now asked me to p...
by Trader/Investor
Thu Mar 01, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: Scottrade/TD Ameritrade merger - Yuck!
Replies: 19
Views: 5502

Re: Scottrade/TD Ameritrade merger - Yuck!

My worst nightmare has been realized. My accumulated bond dividends from when my positions were at Scottrade are lost in space. In other words, they were not credited to my account this morning. I spoke with several reps at both Scottrade and TD Ameritrade about this possible situation before the m...
by Trader/Investor
Thu Mar 01, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Scottrade/TD Ameritrade merger - Yuck!
Replies: 19
Views: 5502

Scottrade/TD Ameritrade merger - Yuck!

My worst nightmare has been realized. My accumulated bond dividends from when my positions were at Scottrade are lost in space. In other words, they were not credited to my account this morning. I spoke with several reps at both Scottrade and TD Ameritrade about this possible situation before the me...
by Trader/Investor
Mon Feb 26, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 211
Views: 23039

Re: Memo to those who have won the game: it's time to quit playing

To me it means 100% in CD laddering or money market. Just having trouble quitting the game as old habits are hard to break. I am far from wealthy (2.3 million investable assets) But I am fortunate to live in a very low cost of living area of the country, am debt free, and most of all single and in e...
by Trader/Investor
Sun Feb 18, 2018 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 13675

Re: What has been your most important skill in achieving financial independence?

Regarding the importance of luck: Luck plays a role in all of our lives, both good luck and bad luck. I contend that a key skill is recognizing your luck and not squandering it, neither the good nor the bad. A lot of us have been successful because we build on our good luck and learn from our bad l...
by Trader/Investor
Sun Feb 18, 2018 7:50 am
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 13675

Re: What has been your most important skill in achieving financial independence?

It is 95% luck, 5% skill. We are all very fortunate people, and it is a mistake to think we got here because we “deserve” it. Born in most over world locations with the same heart/mind/soul/body it wouldn’t happen. Never think you are special. Couldn't agree more. One of my all time favorite books ...
by Trader/Investor
Sun Feb 18, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 13675

Re: What has been your most important skill in achieving financial independence?

Being a maverick, fiercely independent, marching to my own beat, not following the crowd or conventional wisdom and never listening to the so-called experts. Trader/Investor: Who do you listen to for advice? Thank you and best wishes. Taylor As Benton Davis a stock market commentator from the 50s a...
by Trader/Investor
Sat Feb 17, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 13675

Re: What has been your most important skill in achieving financial independence?

Being a maverick, fiercely independent, marching to my own beat, not following the crowd or conventional wisdom and never listening to the so-called experts.
by Trader/Investor
Sat Jan 27, 2018 1:18 pm
Forum: Personal Investments
Topic: Turn 75,000 into 1 million
Replies: 42
Views: 8333

Re: Turn 75,000 into 1 million

Yes, it can be done but apparently from reading some of the replies not the Boglehead way. When I was a few years older than you (46) I opened an IRA with $2000 in April of 1993. Over the years through 2012 I added an additional $74545. I have taken $173,000 in distributions over the past several ye...
by Trader/Investor
Tue Dec 12, 2017 1:24 pm
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 64
Views: 8025

Re: Any of you trade just a little as a hobby?

If you approach trading as a hobby good luck. It should not be a hobby but a profession. Otherwise might as well go to Reno and try counting cards or find a biased single zero roulette wheel.
by Trader/Investor
Mon Nov 20, 2017 12:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Managing Risk With Factors
Replies: 121
Views: 12943

Re: Factor Investing

Bogleheads: I am not a fan of factor investing primarily because it is usually expensive and based almost entirely on past performance. Jack Bogle: "The biggest mistake investors make is looking backward at performance and thinking it’ll recur in the future." Morningstar:"If there's anything in the...
by Trader/Investor
Mon Oct 09, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare High Earner Premium
Replies: 15
Views: 2932

Re: Medicare High Earner Premium

I would love a definitive answer on this. I had thought it was based on your 1040 2 years back. And if you had an outlier large income one year that raised your Medicare premiums that it would adjust back the next year based on your 1040. But in a discussion on another forum I read you have to appe...
by Trader/Investor
Mon Oct 09, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare High Earner Premium
Replies: 15
Views: 2932

Re: Medicare High Earner Premium

I would love a definitive answer on this. I had thought it was based on your 1040 2 years back. And if you had an outlier large income one year that raised your Medicare premiums that it would adjust back the next year based on your 1040. But in a discussion on another forum I read you have to appea...
by Trader/Investor
Tue Sep 26, 2017 8:35 pm
Forum: Investing - Theory, News & General
Topic: Real estate, the 2008 crash and sub prime loans (sucess story)
Replies: 4
Views: 956

Re: Real estate, the 2008 crash and sub prime loans (sucess story)

Oddly enough these subprime loans issued before 2007 - legacy non agency RMBS - are the hottest things going in Bondland now. They have accounted for much of the success of Dan Ivascyn of PIMIX/PONDX fame over the years as well as smaller and newer funds ala IOFIX. Just take a gander of the Mornings...
by Trader/Investor
Tue Sep 26, 2017 7:40 pm
Forum: Investing - Theory, News & General
Topic: Alternate investment strategies
Replies: 15
Views: 2323

Re: Alternate investment strategies

Let's see a decade ago it was collateraized commodity futures ala PCRIX/PCRDX then it was managed futures via AQMIX/QMHIX and we have seen how that has turned out. Now it's reinsurance interval funds via SRRIX which has sold off 15% the past month and now negative 10% YTD. Stay the course with the b...
by Trader/Investor
Thu Sep 21, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 15484

Re: Any "average Joe" here actually make out well with individual stocks?

No problems daytrading stock index futures, trading open end equity and bond funds but never could get the hang of trading individual stocks. The volatility of equities is not suitable for my trading methodology and realized my ineptitude/limitations there so moved on. More power to those who have m...
by Trader/Investor
Wed Sep 13, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: Beware of Interval Funds
Replies: 18
Views: 2916

Re: Beware of Interval Funds

A board favorite here SRRIX the Stone Ridge Reinsurance Risk Premium Interval Fund lost 11% last week marked down due to the hurricane. It has since bounced back a bit but still negative over 5% for the year. I am not a fan of interval funds but can see how it's illiquidity prevented many investors ...
by Trader/Investor
Tue May 23, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: "The Problem With Factor Investing Research"
Replies: 58
Views: 4743

Re: "The Problem With Factor Investing Research"

duplin county wrote:Jason Zweig wrote a column about this several weeks ago.
And here is the link - When researchers and investors walk into a bar it's the investors that get hammered


http://jasonzweig.com/when-researchers- ... -hammered/
by Trader/Investor
Fri May 19, 2017 12:45 pm
Forum: Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 20536

Re: My dad is taking Social Security at 62, why would anyone not?

Sorry about your Mom. That right there should be your answer. I took SS at 62 and will never regret it. I am now 70. You can do the fancy math and all but nothing is a given in life especially how long we will live. I have too many former classmates that are now 6 ft under and I can pretty much guar...
by Trader/Investor
Wed May 17, 2017 2:06 pm
Forum: Personal Investments
Topic: Tilting/Factors: My Conclusions (Challenges welcome)
Replies: 48
Views: 4300

Re: Tilting/Factors: My Conclusions (Challenges welcome)

I have always been a big believer in tilting and factors but not as portrayed by the academics. I tilt where the momentum factor is. I can't imagine where I would be now financially had I not tilted towards the momentum of tech/small cap growth in the 90s. Did you sell before the crash? Yes, and *n...
by Trader/Investor
Wed May 17, 2017 1:11 pm
Forum: Personal Investments
Topic: Tilting/Factors: My Conclusions (Challenges welcome)
Replies: 48
Views: 4300

Re: Tilting/Factors: My Conclusions (Challenges welcome)

I have always been a big believer in tilting and factors but not as portrayed by the academics. I tilt where the momentum factor is. I can't imagine where I would be now financially had I not tilted towards the momentum of tech/small cap growth in the 90s.
by Trader/Investor
Tue May 02, 2017 12:39 pm
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 471
Views: 60218

Re: Your USER NAME...what does it mean?

I am an investor when the market is moving my way and a trader when it is not. In other words, I cut my losses and let my profits run.
by Trader/Investor
Sun Apr 30, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with regret
Replies: 102
Views: 12075

Re: Dealing with regret

There is a good book that I would recommend named, " What I Learned Losing a Million Dollars" by Jim Paul and Brendan Moynihan. It helped me put my past financial mistakes in perspective. Good book. I knew Jim when we both worked for Clayton Brokerage in the early 70s. Regrettably, Jim has passed o...
by Trader/Investor
Wed Apr 19, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: What's Wrong With AQR? (Managed Futures)
Replies: 66
Views: 8508

Re: What's Wrong With AQR? (Managed Futures)

I generally ignore stuff that is presented as an innovative new ETF or mutual fund that for the first time finally makes it possible for Joe Sixpack to invest in sophisticated strategies that were once the exclusive province of hedge funds etc. Thanks, probably the best singular quote I have read o...
by Trader/Investor
Sun Apr 16, 2017 12:31 am
Forum: Investing - Theory, News & General
Topic: Janus Unconstrained, almost three years in...
Replies: 27
Views: 4650

Re: Janus Unconstrained, almost three years in...

The real bond king is Dan Ivascyn of PIMCO's Income fund - PONDX. Unlike Gross and Gundlach he just quietly goes about his business outperforming all his peers. I was afraid asset bloat would eventually slow him down but not so far. He also is co manager of a couple other PIMCO funds that also conti...
by Trader/Investor
Mon Apr 10, 2017 2:20 pm
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 14692

Re: Alts:new sources of risk/return improve portfolio efficiency

Can you remind us, how you have been sticking up for the "little man" since the early 90s? How many books/articles have you written? Only two books, two seminars, 5 or 6 articles written, three magazine profiles, and scores of contributuions to Club 3000. I doubt few here were in the usenet trading...
by Trader/Investor
Mon Apr 10, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 14692

Re: Alts:new sources of risk/return improve portfolio efficiency

Trader/Investor wrote: 99.99% of the Dream Merchants who pander daytrading courses, videos, telephone hotlines, seminars, newsletters, mentoring/coaching programs, and trading systems are failed traders. Ask any of them to document their trading claims etc. via 3 to 4 years of more real money tradi...
by Trader/Investor
Mon Apr 10, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 14692

Re: Alts:new sources of risk/return improve portfolio efficiency

I think it's important that we can challenge each other's ideas and claims. Ideally with respect and grace. That works both ways. How many times have we read we are foolish for not seeing Larry's way (backtested results) Can't anyone stand up for those who blindlessly have plowed money in funds lik...
by Trader/Investor
Sun Apr 09, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: Usefulness of bonds for equity investors who don't necessarily want them?
Replies: 50
Views: 4109

Re: Usefulness of bonds for equity investors who don't necessarily want them?

Bonds deserve more respect as a wealth accumulation vehicle. There's a lot more to the bond world than just Treasuries. Many years some bond sector - be it high yield corporates, high yield munis, emerging markets debt etc. - outperforms the S&P. Of course there are exceptions ala 2013. Then again, ...
by Trader/Investor
Sun Apr 09, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 14692

Re: Alts:new sources of risk/return improve portfolio efficiency

Saying reinsurance has 'less tail risk' is hilarious. I will add that Cliff Asness became a billionaire by marketing his 'hedge fund for the masses' to the public. I once calculated the average return of all publicly available AQR funds over their lifetimes. It was < 3.5%. Or in other words, worse ...
by Trader/Investor
Sun Apr 09, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 14692

Re: Alts:new sources of risk/return improve portfolio efficiency

My reaction to all of this is that to truly understand these type of products, I would have to own them myself and watch how they actually perform over time. Retail investors lack a history of holding these type of investments and are probably naïve to the risks they are taking. At age 57, I am not...
by Trader/Investor
Sun Apr 09, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Alts:new sources of risk/return improve portfolio efficiency
Replies: 119
Views: 14692

Re: Alts:new sources of risk/return improve portfolio efficiency

But again when one makes their livelihood recommending alternatives it is hard to be objective. Any great investment doesn't have to be marketed, it is kept secret. Like I said I work in a hedge fund and right now there is a huge glut of capital looking for returns. Why would stone ridge look for r...