Search found 84 matches

by spefactor
Mon May 11, 2020 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a wash sale?
Replies: 7
Views: 504

Is this a wash sale?

Is this scenario a wash sale? Or can I take it as a short-term capital loss? 4/30, no position in XYZ CORP 5/1, buy 100 XYZ CORP shares at $100 5/2, buy 100 XYZ CORP shares at $99 5/15, sell 200 XYZ CORP shares at $80 Apologies if this is a dumb question, I read the wiki as well as did many an-inter...
by spefactor
Mon Mar 16, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4915
Views: 425530

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

I was 60% TMF, 40% UPRO at the start of the year (OG strategy) in my Roth IRA. The weightings at this point are 21% UPRO, 79% TMF. So far I am down a few %, while the greater market is down 20%+. Today I have alternated between -2% and 2%. Compared to the market, the strategy seems to be holding up ...
by spefactor
Thu Jan 30, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4915
Views: 425530

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

FWIW, I've been in the OG 60/40 variant since April 3 and am planning to switch to a monthly rebalancing approach but using risk parity rather than target vol. The risk parity approach leads to much more muted swings in allocation. For example, you would never (as far as I can tell) hit a ceiling o...
by spefactor
Wed Jan 29, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4915
Views: 425530

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

I'm currently at around 10x leverage. Up ~41% YTD :moneybag :moneybag :moneybag
by spefactor
Wed Jan 15, 2020 2:23 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Margin
Replies: 21
Views: 1257

Re: Portfolio Margin

I am also using Interactive Brokers, and have a mix of leveraged (and unleveraged) ETFs. In fact, I prefer using IB margin to simulate the leveraged ETFs with margined VTI and futures and am switching to entirely that (no expense ratio, margin rate after-tax is competitive with UPRO/TMF financing ra...
by spefactor
Mon Dec 30, 2019 2:03 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4915
Views: 425530

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

Does anyone have any thoughts about the efficiency of the following two strategies: 1) Portfolio of 60/40 TMF/UPRO $133.33k UPRO $200k TMF 2) Portfolio of 60/40 treasury futures and margined VTI (assume you own 1/3 of the combined exposure) with a margin rate of 2.5%: $400k VTI $600k in TMF-equival...
by spefactor
Sun Dec 29, 2019 4:36 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4915
Views: 425530

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

Does anyone have any thoughts about the efficiency of the following two strategies: 1) Portfolio of 60/40 TMF/UPRO $133.33k UPRO $200k TMF 2) Portfolio of 60/40 treasury futures and margined VTI (assume you own 1/3 of the combined exposure) with a margin rate of 2.5%: $400k VTI $600k in TMF-equival...
by spefactor
Sun Dec 29, 2019 2:25 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4915
Views: 425530

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

Does anyone have any thoughts about the efficiency of the following two strategies: 1) Portfolio of 60/40 TMF/UPRO $133.33k UPRO $200k TMF 2) Portfolio of 60/40 treasury futures and margined VTI (assume you own 1/3 of the combined exposure) with a margin rate of 2.5%: $400k VTI $600k in TMF-equivale...
by spefactor
Mon Dec 16, 2019 9:26 am
Forum: Investing - Theory, News & General
Topic: Margin interest deduction with personal loan?
Replies: 11
Views: 571

Re: Margin interest deduction with personal loan?

Thanks all. I do itemize and it would be reported on my tax return. I agree with your logic AlohaJoe, I read section 163(h) as well but admit it’s a bit hard to read as a layman.
by spefactor
Sun Dec 15, 2019 2:10 pm
Forum: Investing - Theory, News & General
Topic: Margin interest deduction with personal loan?
Replies: 11
Views: 571

Margin interest deduction with personal loan?

Hey, I would like to loan out some money to a family member. If I take out a margin loan and lend it to them (and receive interest), can I deduct my margin interest expense? Thanks.
by spefactor
Thu Dec 05, 2019 7:24 am
Forum: Investing - Theory, News & General
Topic: Treasury bond futures pricing
Replies: 3
Views: 364

Re: Treasury bond futures pricing

Hey, I was interested in buying a bond futures contract, specifically the ultra bond. When I go to enter in a trade to buy 1 contract, I see that the "amount" is ~$180k. I know the futures contract unit specifies $100,000 in face value. What I am wondering is my exposure in this trade? Is it $180k ...
by spefactor
Wed Dec 04, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: Treasury bond futures pricing
Replies: 3
Views: 364

Treasury bond futures pricing

Hey, I was interested in buying a bond futures contract, specifically the ultra bond. When I go to enter in a trade to buy 1 contract, I see that the "amount" is ~$180k. I know the futures contract unit specifies $100,000 in face value. What I am wondering is my exposure in this trade? Is it $180k o...
by spefactor
Sun Dec 01, 2019 3:05 pm
Forum: Personal Consumer Issues
Topic: Razer DeathAdder Elite on Crazy Sale
Replies: 9
Views: 1204

Re: Razer DeathAdder Elite on Crazy Sale

I actually categorize mouses as being in the "should pay up" category based on my experience. A $10 mouse off Amazon might last about 3 months (especially if you are using it heavily as a gamer). A $50 mouse will last years.
by spefactor
Fri Nov 29, 2019 11:20 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2955
Views: 526462

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

up 29.8%, beardstown math
by spefactor
Fri Oct 18, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers Cost Basis
Replies: 9
Views: 1106

Re: Interactive Brokers Cost Basis

Thanks all for chiming in. It seems a few days later my cost basis now shows source = “Broker” and not customer. It seems like they override my manually input basis with basis from Vanguard.
by spefactor
Mon Oct 14, 2019 5:49 pm
Forum: Investing - Theory, News & General
Topic: Interactive Brokers Cost Basis
Replies: 9
Views: 1106

Interactive Brokers Cost Basis

Hey, I just transferred securities from Vanguard to Interactive Brokers to take advantage of good margin rates. I noticed the cost basis did not transfer over (taxable account), and I had to use a tool to input tax lots from Vanguard. When I sell, and a 1099-B is issued, will it reflect my self-repo...
by spefactor
Thu Oct 03, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4915
Views: 425530

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

Has anyone run any numbers on ideal rebalancing strategy for someone in a taxable account? Right now I'm relying solely on individual contributions to rebalance (adding $1k twice a month, current balance around $12k) and plan to rely solely on that at least until a year has passed so that any gains...
by spefactor
Thu May 23, 2019 1:14 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 384991

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Thanks, and yeah I am buying-only the first year, maybe longer depending on how long I could keep that going realistically. Maybe incorporate my Roth eventually to also minimize taxes while keeping ratio even.
by spefactor
Thu May 23, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 384991

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Looks like I am now sitting on some sizable losses on UPRO side. Anyone have thoughts any thoughts on doing TLH with SPXL?
by spefactor
Tue May 14, 2019 8:33 am
Forum: Personal Investments
Topic: Vanguard Cost Basis View
Replies: 9
Views: 1066

Re: Vanguard Cost Basis View

2nd day in a row with no cost basis... smh.
by spefactor
Mon Apr 22, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Advice for Helping Landlord Parents in Retirement
Replies: 4
Views: 480

Advice for Helping Landlord Parents in Retirement

Hi Bogleheads, I was hoping to get some advice regarding how to help my parents in their current retirement situation. To be honest I’m not even sure what questions to ask but any general advice would be appreciated. To start, my parents are both in a relatively solid financial situation, they have ...
by spefactor
Fri Apr 19, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 107
Views: 10922

Re: Luxury car recommendations?

If going the German car route (BMW, Mercedes, Audi) I would recommend getting an extended warranty or just leasing. It is truly jaw dropping how much these cars cost to repair.
by spefactor
Sat Feb 16, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 384991

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

I'm in for ~5% of my net worth. Should provide hours of entertainment watching the returns unfold (like a casino? 8-) )
by spefactor
Mon Jan 07, 2019 5:47 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 60
Views: 5866

Re: NYC restaurant suggestion

I live in NYC (for many years now)... some recommendations on the slightly $$$ side but still quite reasonable: - I Sodi, favorite Italian restaurant in the area (takes reservations but can put name down, usually 1-3 hr wait depending when you go), hands down the best, more quiet - Via Carota, also ...
by spefactor
Wed Dec 12, 2018 10:51 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer. All in one or separate? And which one?
Replies: 34
Views: 2254

Re: Desktop Computer. All in one or separate? And which one?

Just bought an Intel Nuc mini-PC for my parents and they love it, would recommend if you don't mind spending 15 minutes plugging in a hard drive and some sticks of RAM.
by spefactor
Mon Oct 15, 2018 3:45 pm
Forum: Personal Investments
Topic: 1% Balance Transfer - Uber Barclays Visa
Replies: 16
Views: 987

Re: 1% Balance Transfer - Uber Barclays Visa

I've done this a lot, notes of caution. If you use the card for balance transfer checks, don't use it for purchases. Your minimum monthly payment will go against the 0% balance but your purchases may still incur interest charges. This is no longer true. Under the CARD Act, credit card companies are...
by spefactor
Sat Oct 13, 2018 9:47 pm
Forum: Personal Investments
Topic: 1% Balance Transfer - Uber Barclays Visa
Replies: 16
Views: 987

Re: 1% Balance Transfer - Uber Barclays Visa

I took up Barclays on a 3% fee, 0% APR for 18-month balance transfer offer a few months ago. I figured I could probably beat the return, and enjoy having a bit of a cushion in my bank balance (also use it here and there for bank bonus offers). I had it directly deposited into my bank account if I re...
by spefactor
Mon Apr 16, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1626

Re: Understanding my Wash Sale

Ah right, I would need to disallow some of the loss above and beyond what Vanguard did to account for the dividend reinvestment. I guess that I meant was, since the basis is added to the 14 shares I purchased in the retirement, when I go to retire, I won't have to worry about it since there is no ba...
by spefactor
Mon Apr 16, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1626

Re: Understanding my Wash Sale

Ok so it seems like what Vanguard did is correct, and as for those 14 units of short-term tax loss, I will just forget about it, since it's in my retirement. Thanks for everyones help.
by spefactor
Mon Apr 16, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1626

Re: Understanding my Wash Sale

Yea, for the sale on 03/29/2018, Vanguard said "Wash sale adjustments from transaction on 02/27/2018" and offset some of my ST loss with a positive amount. I guess this means they disallowed the 33 units I purchased from 2/27/2018 from the short-term loss. Since I don't really track basis in my 401(...
by spefactor
Mon Apr 16, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1626

Re: Understanding my Wash Sale

I updated with quantities.
by spefactor
Mon Apr 16, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding my Wash Sale
Replies: 13
Views: 1626

Understanding my Wash Sale

Hi Bogleheads, In my first foray into tax loss harvesting, I seem to have messed up big time and incurred a wash sale :oops: . I was hoping someone could help advise me how to handle this, since I'm in uncharted territory. Abbreviated timeline of events: Start year with sizable portion of VTSAX in V...
by spefactor
Sat Feb 17, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Issue - "Foreign source amount included in dividends"
Replies: 12
Views: 11046

TurboTax Issue - "Foreign source amount included in dividends"

I'm currently filling out my taxes and have a meager ($40) foreign tax credit as a result of holding VTIAX in taxable. TurboTax went imported everything okay but is now asking me, as I am about to file, to fill out box 6d "Foreign source amount included in dividends" on my 1099-DIV from VTIAX as par...
by spefactor
Fri Feb 03, 2017 8:23 pm
Forum: Personal Investments
Topic: Schwab offering .03% ER
Replies: 75
Views: 6389

Re: Schwab reduces index mutual fund ER and trade commission

SWTSX, or Schwab Total Stock Market Index Fund does track the Dow Jones U.S. Total Stock Market Index. This is going from .09% to .03%. I'm a little disappointed that Vanguard is at a higher expense ratio, especially given the low purchase minimum and since Schwab is a for-profit entity vs. the Vang...
by spefactor
Tue Oct 13, 2015 8:57 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 42139

Re: Northwest FCU 3-year 3.04% Add-On CD

Thanks for the datapoint... guess I will just wait it out!
by spefactor
Tue Oct 13, 2015 8:25 am
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 371
Views: 42139

Re: Northwest FCU 3-year 3.04% Add-On CD

Has anyone had the initial deposit pulled from their bank accounts yet? My account was approved on Saturday but still nothing.
by spefactor
Sat Oct 10, 2015 2:22 pm
Forum: Personal Consumer Issues
Topic: Who Gets a New iPhone Every Year? Why?
Replies: 62
Views: 9015

Re: Who Gets a New iPhone Every Year? Why?

I just recently broke free from the "buy a new iPhone" every two years mindset. To me the idea of spending ~$800-$900 (or an equivalent amount in subsidized contract) on a device that could be easily broken/stolen was too much and I said "enough is enough". Not to mention the fact that the battery w...
by spefactor
Fri Oct 24, 2014 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 464
Views: 219493

Re: The Mega Backdoor Roth IRA

Can this be done in addition to the normal "Backdoor Roth IRA"?
by spefactor
Tue Feb 04, 2014 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: BoA Cash Rewards (1.5%+) Privileges VISA - worth a look?
Replies: 14
Views: 2205

Re: BoA Cash Rewards (1.5%+) Privileges VISA - worth a look?

Favorite credit card of the moment is Barclays Arrival card.

$400 signup bonus after $1k spend.

2 miles for every purchase, and 10% points back when you redeem, so effectively 2.2% back.

Only downside is the annual fee ($89, waived first year), and miles can only be redeemed for travel credits.
by spefactor
Sat Jan 11, 2014 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: My AMEX CC 0% promo ends 1/14, interest question
Replies: 5
Views: 507

Re: My AMEX CC 0% promo ends 1/14, interest question

Check your statement. There should be a table with a breakout of the balance, the applicable APR, and the date the APR expires.
by spefactor
Sat Aug 31, 2013 12:37 pm
Forum: Personal Consumer Issues
Topic: Videos Streaming SO SLOW and I have TURBO Internet
Replies: 6
Views: 1035

Re: Videos Streaming SO SLOW and I have TURBO Internet

How is your computer connected to the router/modem? Wi-Fi or ethernet cable?
by spefactor
Mon Mar 04, 2013 10:21 am
Forum: Personal Consumer Issues
Topic: KeePass on Mac
Replies: 9
Views: 2125

Re: KeePass on Mac

I use KeePassX on my Mac without any issues.

I don't think this requires Mono -- I found the installation relatively straightforward and the application works pretty well.
by spefactor
Fri Feb 01, 2013 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6912

Re: Backdoor Roth IRA - Form 8606 - TurboTax

Thanks for the help Alan. My distribution code on 1099-R is 2, line 14 is 0, and line 18 is 0. It looks like everything is calculated correctly on those parts. Still, I would have hoped to see something filled in on the indented section (6-12). Just checked TaxAct and it has it. My 2011 return (Turb...
by spefactor
Fri Feb 01, 2013 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6912

Re: Backdoor Roth IRA - Form 8606 - TurboTax

Yeah I did visit that site. I deleted my 1099-R, followed his instructions to the T (except minor version issues) and my Form 8606 does not have lines 8, 9, or 10 populated hence why I think this may be an error.
by spefactor
Fri Feb 01, 2013 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6912

Re: Backdoor Roth IRA - Form 8606 - TurboTax

Yeah I did read it over and my impression was that this is a conversion and not a recharacterization as the IRS rules state: "Any recharacterized conversion or Roth IRA rollover from a qualified retirement plan will be treated as though the conversion or rollover had not occurred. Any recharacterize...
by spefactor
Fri Feb 01, 2013 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA - Form 8606 - TurboTax
Replies: 11
Views: 6912

Backdoor Roth IRA - Form 8606 - TurboTax

Hi, This year I did a backdoor Roth IRA (made a non-deductible contribution in 2012 and immediately converted it to a Roth in 2012). I entered this into TurboTax and Part II is correctly filled out. However, in Part I, line 8 is empty. I called up TurboTax and the lady mentioned that because what I ...
by spefactor
Thu Jan 10, 2013 7:28 pm
Forum: Personal Investments
Topic: Copy of Old Form 8606
Replies: 1
Views: 490

Copy of Old Form 8606

In 2010 I filed a tax return, but I immediately noticed my accountant messed up a ton of stuff so I had to file amended return. Among the items corrected was a missing form 8606 for 2010 (I made a nondeductible TIRA contribution), which I included in the amended return. I am somewhat concerned about...
by spefactor
Mon Nov 19, 2012 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Amex question
Replies: 25
Views: 3572

Re: Fidelity Amex question

Not true. I set mine up to pay the full balance. No more, no less. What!? Can you tell me where? I just checked again: I went to Pay Bill, clicked Auto-Pay, and was presented with two options: "I do not want to participate in auto-pay" and "Sign me up for auto-pay with these options" (only options ...