Search found 28 matches
- Sat Nov 21, 2020 10:24 pm
- Forum: Investing - Theory, News & General
- Topic: long upro vs short spxs
- Replies: 3
- Views: 336
Re: long upro vs short spxs
Currently I own 100k of upro on robinhood. What is better buying UPRO or shorting spxs? If shorting spxs, why and can I do that at robinhood or do i need to move to IB? I assume the costs to short spxs would make it similar? It's important to fundamentally understand what it means to "long upr...
- Sat Nov 21, 2020 9:36 pm
- Forum: Personal Investments
- Topic: what do bogleheads do with taxable acct?
- Replies: 32
- Views: 3636
Re: what do bogleheads do with taxable acct?
Mid 40's and work two jobs (no college and somehow got thru Highschool) and make about $95k. 401k and SEP IRA (from FT and PT job) https://i.ibb.co/bXkqWLj/IMG-4057.jpg above is about 90% vinix and 10% VTSNX I also have taxable in vanguard. I’ve been swing trading last couple months and went from a...
- Sat Nov 21, 2020 9:32 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 2394
- Views: 545399
Re: Share your net worth progression
Financial assets: 1995 (age 26): $50,000 2000 (age 31): $250,000 2010 (age 41): $4.0 million 2020 (age 51): $8.5 million Real estate: 2010: $1.25 million 2020: $4.0 million Tons of education and hard work for spouse and me; good fortune riding the twin waves of tech and globalization Financial asse...
- Sat Nov 21, 2020 9:00 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 2394
- Views: 545399
Re: Share your net worth progression
2016 6k (100% bitcoin) 2017 -20k (100% bitcoin) - graduated 70k salary. Married 2018 - 80k (50% bitcoin, 50% UPRO) -1st baby 2019 - 180k (40% house, 30% bitcoin, 30% UPRO) - bought house, salary raised to 125k. 2nd baby 2020 - 620k (15% house, 60% bitcoin, 25% UPRO) - some small bitcoin projects an...
- Sat Nov 21, 2020 8:58 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 2394
- Views: 545399
Re: Share your net worth progression
2016 6k (100% bitcoin) 2017 -20k (100% bitcoin) - graduated 70k salary. Married 2018 - 80k (50% bitcoin, 50% UPRO) -1st baby 2019 - 180k (40% house, 30% bitcoin, 30% UPRO) - bought house, salary raised to 125k. 2nd baby 2020 - 620k (15% house, 60% bitcoin, 25% UPRO) - some small bitcoin projects an...
- Sat Nov 21, 2020 7:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 2394
- Views: 545399
Re: Share your net worth progression
2016 6k (100% bitcoin) 2017 -20k (100% bitcoin) - graduated 70k salary. Married 2018 - 80k (50% bitcoin, 50% UPRO) -1st baby 2019 - 180k (40% house, 30% bitcoin, 30% UPRO) - bought house, salary raised to 125k. 2nd baby 2020 - 620k (15% house, 60% bitcoin, 25% UPRO) - some small bitcoin projects an...
- Sat Nov 21, 2020 2:29 pm
- Forum: Personal Finance (Not Investing)
- Topic: Share your net worth progression
- Replies: 2394
- Views: 545399
Re: Share your net worth progression
2016 6k (100% bitcoin) 2017 -20k (100% bitcoin) - graduated 70k salary. Married 2018 - 80k (50% bitcoin, 50% UPRO) -1st baby 2019 - 180k (40% house, 30% bitcoin, 30% UPRO) - bought house, salary raised to 125k. 2nd baby 2020 - 620k (15% house, 60% bitcoin, 25% UPRO) - some small bitcoin projects and...
- Sat Nov 21, 2020 11:16 am
- Forum: Investing - Theory, News & General
- Topic: long upro vs short spxs
- Replies: 3
- Views: 336
long upro vs short spxs
Currently I own 100k of upro on robinhood.
What is better buying UPRO or shorting spxs? If shorting spxs, why and can I do that at robinhood or do i need to move to IB?
I assume the costs to short spxs would make it similar?
What is better buying UPRO or shorting spxs? If shorting spxs, why and can I do that at robinhood or do i need to move to IB?
I assume the costs to short spxs would make it similar?
- Fri Nov 20, 2020 10:33 pm
- Forum: Personal Investments
- Topic: leverage in low correlated assets
- Replies: 19
- Views: 945
Re: leverage in low correlated assets
Currently I'm having 100k in UPRO, 100k loaned out on crypto.com for 12% interest a year before taxes (I know not without risk, but imo low risk). 300k in bitcoin that I am planning on selling at least half of it. When the Crypto winter comes, your portfolio is toast. This is an extremely risky por...
- Fri Nov 20, 2020 10:28 pm
- Forum: Personal Investments
- Topic: leverage in low correlated assets
- Replies: 19
- Views: 945
Re: leverage in low correlated assets
Just to be clear, leenaerts, I would appreciate it if you would take a look at the the Bogleheads investment philosophy . It would be nice if you could say "OK, I've read it, I understand it--but it's just not for me." Also, be aware that there is no such thing as "low correlated ass...
- Fri Nov 20, 2020 8:38 pm
- Forum: Personal Investments
- Topic: leverage in low correlated assets
- Replies: 19
- Views: 945
Re: leverage in low correlated assets
Currently I'm having 100k in UPRO, 100k loaned out on crypto.com for 12% interest a year before taxes (I know not without risk, but imo low risk). 300k in bitcoin that I am planning on selling at least half of it. When the Crypto winter comes, your portfolio is toast. This is an extremely risky por...
- Fri Nov 20, 2020 8:38 pm
- Forum: Personal Investments
- Topic: leverage in low correlated assets
- Replies: 19
- Views: 945
Re: leverage in low correlated assets
Currently I'm having 100k in UPRO, 100k loaned out on crypto.com for 12% interest a year before taxes (I know not without risk, but imo low risk). 300k in bitcoin that I am planning on selling at least half of it. When the Crypto winter comes, your portfolio is toast. This is an extremely risky por...
- Fri Nov 20, 2020 6:03 pm
- Forum: Personal Investments
- Topic: leverage in low correlated assets
- Replies: 19
- Views: 945
leverage in low correlated assets
Basically I like leverage, but it looks like you can overleverage on 1 thing, lose it all and never recover. If you spread it out to un/very low correlated assets your chances of losing all become way less and make it way more likely to recover. Especially comparing Hedgefundie and a straight 100% U...
- Fri Nov 20, 2020 5:59 pm
- Forum: Investing - Theory, News & General
- Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
- Replies: 7298
- Views: 714244
Re: HEDGEFUNDIE's excellent adventure Part II: The next journey
Basically I like leverage, but it looks like you can overleverage on 1 thing, lose it all and never recover. If you spread it out to un/very low correlated assets your chances of losing all become way less and make it way more likely to recover. Currently I'm having 100k in UPRO, 100k loaned out on ...
- Thu Nov 08, 2018 3:58 pm
- Forum: Personal Investments
- Topic: difference going long on a leveraged etf and short on its inverse?
- Replies: 14
- Views: 1199
Re: difference going long on a leveraged etf and short on its inverse?
Also you are not getting the expense ratio paid to you so no shorting a high ER fund isn’t helping. Whoever holds the share is paying that ER. An inverse s and p leveraged fund. With a high ER of 2% I assume it will just be 2% lower in price after a year. Since I'm shorting that stock I can buy it ...
- Thu Nov 08, 2018 5:14 am
- Forum: Personal Investments
- Topic: difference going long on a leveraged etf and short on its inverse?
- Replies: 14
- Views: 1199
Re: difference going long on a leveraged etf and short on its inverse?
read the wiki mentioned above read the previous threads on inverse and leveraged funds the daily tracking-error will be compounded daily Site doesnt answer my question. And average return is still 3x s and p after expense ratio. I'm not caring too much about that decay, I know what it is. It makes ...
- Thu Nov 08, 2018 3:58 am
- Forum: Personal Investments
- Topic: difference going long on a leveraged etf and short on its inverse?
- Replies: 14
- Views: 1199
Re: difference going long on a leveraged etf and short on its inverse?
What would be the difference with going long on e.g. SSO and going short on SDS? Should they give me the same returns? If not what is the difference? The daily returns will be the same, but your exposure will change, so that the multi-day returns will be different. If you put $1000 into a long 2x l...
- Wed Nov 07, 2018 10:28 am
- Forum: Personal Investments
- Topic: difference going long on a leveraged etf and short on its inverse?
- Replies: 14
- Views: 1199
Re: difference going long on a leveraged etf and short on its inverse?
I can't help myself and love trading these. LABU / LABD is another good pair. if you're intent on levering up, consider traditional margin on a regular old ETF like SPY. you can achieve 4x and margin interest is probably less than the impact of the slippage if you have to ride out a bad trade. here...
- Wed Nov 07, 2018 10:01 am
- Forum: Personal Investments
- Topic: difference going long on a leveraged etf and short on its inverse?
- Replies: 14
- Views: 1199
difference going long on a leveraged etf and short on its inverse?
What would be the difference with going long on e.g. SSO and going short on SDS? Should they give me the same returns? If not what is the difference? Would expense ratios be important. I assume high expense ratios for an etf you are shorting is a good thing ? *looking for answers on these questions,...
- Tue Sep 04, 2018 4:48 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
Sold 1 stock for 9k and invested that in UPRO I compared spy and upro daily changes from the last years and its unbelievable close to 3x. I'm less than the expense ratio off over a year period. In a market that goes up consistently that’s what you will see. In a market that goes sideways for awhile...
- Tue Sep 04, 2018 10:31 am
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
Sold 1 stock for 9k and invested that in UPRO
I compared spy and upro daily changes from the last years and its unbelievable close to 3x. I'm less than the expense ratio off over a year period.
I compared spy and upro daily changes from the last years and its unbelievable close to 3x. I'm less than the expense ratio off over a year period.
- Mon Sep 03, 2018 4:21 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
What about buying options? I can buy january 2020 options with paying about 2% extra, that's cheaper than going on margin at IB?
- Mon Sep 03, 2018 4:07 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
I am 24 yrs old. Have 34000$ in individual stocks. I make 90000$ a year so I can afford losing my complete investment. I am just looking how to get the best return on my investment. Currently I pay off my creditcards each month and the rest of my paycheck goes straight to robinhood into stocks. I s...
- Mon Sep 03, 2018 12:45 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
Therefore, the annual returns of 2x leveraged ETFs are less than double the returns of the indexes they track, and are often less than the returns of the indexes themselves. Or more? Just simulated something in excel. Average is almost 2 times the normal etf, only differences due to the fees Thing ...
- Sun Sep 02, 2018 9:04 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
Taking out a margin loan has a different problem. If you use margin to get 2x leverage, you do get twice the returns of the stock market, but only as long as you are allowed to keep the loan. If the market falls, you will have a margin call, and when you sell stock to meet that call, you won't be a...
- Sun Sep 02, 2018 8:56 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
Therefore, the annual returns of 2x leveraged ETFs are less than double the returns of the indexes they track, and are often less than the returns of the indexes themselves. Or more? Just simulated something in excel. Average is almost 2 times the normal etf, only differences due to the fees. Thing ...
- Sun Sep 02, 2018 6:00 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
Re: How do I maximize my long term average expected return?
You’re young enough that you could try to create a legacy by buying blue chip stocks as well as picking a non-dividend grower in an emerging industry once every few years. But I don’t think your pay is high enough for this to make sense. Instead, shove everything you can into 401k/ira. What’s left ...
- Sun Sep 02, 2018 2:27 pm
- Forum: Personal Investments
- Topic: How do I maximize my long term average expected return?
- Replies: 32
- Views: 3256
How do I maximize my long term average expected return?
I am 24 yrs old. Have 34000$ in individual stocks. I make 90000$ a year so I can afford losing my complete investment. I am just looking how to get the best return on my investment. Currently I pay off my creditcards each month and the rest of my paycheck goes straight to robinhood into stocks. I se...