Search found 41 matches

by TheJoelfather
Thu Jun 25, 2020 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Best HELOC company?
Replies: 27
Views: 1542

Re: Best HELOC company?

Thanks for all the responses. I went with Frost Bank which was -.25% off WSJ prime. No fees whatsoever to open one. I do have one question, their fee is 1.99% above prime-.25%. Is that ballpark? Sounds horrible to me based on your wording. Anything with an above prime reference is poor choice. Plea...
by TheJoelfather
Tue Jun 16, 2020 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have other options than mortgage default? How do I handle foreclosure?
Replies: 36
Views: 4155

Re: Do I have other options than mortgage default? How do I handle foreclosure?

Are you sure that you need a permit if the existing system can be repaired as it stands today? Or is the permit required because the contractor is recommending more substantial work? If it's the latter, call several septic contractors until you find one who will try repair your existing system as it...
by TheJoelfather
Tue Jun 16, 2020 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Best HELOC company?
Replies: 27
Views: 1542

Re: Best HELOC company?

InvestingGeek wrote:
Tue Jun 16, 2020 3:12 pm
Does Third Federal charge an annual fee regardless of draw?
Yes, $65/y, unless you have a combo loan then it is waived.
by TheJoelfather
Tue Jun 16, 2020 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Best HELOC company?
Replies: 27
Views: 1542

Re: Best HELOC company?

If they are available in your state ThirdFederal has a HELOC that is tagged at -.24% below Prime so 2.99% right now. Opened a HELOC with them last spring. Others here have used them as well. Ditto for ThirdFederal. I am happy with mine. The technology and controls are slightly out of date (can't sc...
by TheJoelfather
Tue Jun 16, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: How is Bridgewater's Pure Alpha Fund II doing since the coronavirus hit us?
Replies: 11
Views: 1145

Re: How is Bridgewater's Pure Alpha Fund II doing since the coronavirus hit us?

Not good, AUM in the last filing was <$140b, or down 15% from $163b. Ray Dalio commented publicly that they were positioned long and suffered for it.
by TheJoelfather
Sat May 16, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for first time homebuyer? Cheapest mortgages?
Replies: 9
Views: 1067

Re: Advice for first time homebuyer? Cheapest mortgages?

I have a friend who will be buying his first house. Is there a general consensus best/cheapest mortgage rates hub? When I bought my houses, I always just went with one of the lenders my real estate agent recommended. I might recommend that he spend $60 to join Costco and use the mortgage comparison...
by TheJoelfather
Sat May 16, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1610
Views: 224261

Re: Fidelity as a one stop shop

Has anyone run into a similar situation where a payment was rejected because a Fidelity Brokerage Investment account that has check writing capabilities and works with other major banking institutions, doesn't work with others? Nope, and I use a brokerage account (without checks) as my primary elec...
by TheJoelfather
Fri May 15, 2020 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1610
Views: 224261

Re: Fidelity as a one stop shop

Has anyone run into a similar situation where a payment was rejected because a Fidelity Brokerage Investment account that has check writing capabilities and works with other major banking institutions, doesn't work with others? Nope, and I use a brokerage account (without checks) as my primary elec...
by TheJoelfather
Fri Feb 14, 2020 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1610
Views: 224261

Re: Fidelity as a one stop shop

I think I venmo is no more difficult to sign up for than any other website//app that needs credentials for ACH transfers Zelle doesn’t require a separate app, it is built in to the bank apps. There is no new account to sign up for. Not saying Venmo is difficult but with Zelle it is seamless. No new...
by TheJoelfather
Thu Feb 13, 2020 12:34 pm
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 303
Views: 24873

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

LincolnTunnel wrote:
Thu Feb 13, 2020 12:26 pm
Is there an equivalent to this fund that uses an international index in place of the S&P 500?
Not equivalent, but RPAR accounts for international exposure (among other things).
by TheJoelfather
Tue Jan 07, 2020 8:39 am
Forum: Investing - Theory, News & General
Topic: All-in-one Fund that mimics the All-Weather Portfolio by Ray Dalio
Replies: 8
Views: 1631

Re: All-in-one Fund that mimics the All-Weather Portfolio by Ray Dalio

teelainen wrote:
Mon Jan 06, 2020 11:01 pm
Does anyone know of a fund that is remotely similar to this popular portfolio by Dalio?
Yes, RPAR.
by TheJoelfather
Fri Dec 27, 2019 1:09 pm
Forum: Investing - Theory, News & General
Topic: Utilities - worth another look?
Replies: 192
Views: 20188

Re: Utilities - worth another look?

Correlation is a flawed metric to dissect asset classes. I recommend the methodology used in the paper Are REITs a Distinct Asset Class? , which was already linked above. Great minds think alike? https://i.imgur.com/QbZXUdY.png One aspect of the factor analysis that I'm not able to digest with my c...
by TheJoelfather
Tue Dec 24, 2019 7:36 am
Forum: Investing - Theory, News & General
Topic: Risk Parity ETF launched (RPAR)
Replies: 24
Views: 2901

Re: Risk Parity ETF launched (RPAR)

Kind of an expensive way to get somebody to buy a treasury futures contract for you. Yes, I look forward to more competition in this space to drive the ERs down. I wonder why they didn't also purchase gold futures to increase the economic exposure and add value. :idea: I will make a prediction that...
by TheJoelfather
Mon Dec 23, 2019 4:24 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Long-Term Treasury Bond Index Fund (FNBGX)
Replies: 6
Views: 690

Re: Fidelity Long-Term Treasury Bond Index Fund (FNBGX)

What are people's thoughts on this relatively new Fidelity LT Treasury fund FNBGX? It's not new. FNBGX used to only be available to institutions and other tickers were used to buy-in from the retail market at higher ERs. But during the fee war, Fidelity eventually got rid of all the other share cla...
by TheJoelfather
Mon Dec 23, 2019 1:53 pm
Forum: Investing - Theory, News & General
Topic: Risk Parity ETF launched (RPAR)
Replies: 24
Views: 2901

Risk Parity ETF launched (RPAR)

A risk parity ETF from ARIS just recently launched, RPAR . $27 AUM, .5% ER. Overall economic exposure of the portfolio sums to 145%. From the prospectus: Target asset and risk allocations from the Fact Sheet: Holdings (as of 2019-12-23): Comparable funds that add futures and thus levered exposure in...
by TheJoelfather
Fri Nov 01, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: Treasury yield curve: changes for October 2019
Replies: 15
Views: 1880

Re: Treasury yield curve: changes for October 2019

Doc wrote:
Fri Nov 01, 2019 7:16 am
Kevin, where are you getting your chart from? I lost my source.
Similar yield curve charts can be found here. Scroll down and click Government Bond Yield.
by TheJoelfather
Fri Sep 06, 2019 11:03 am
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68855

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

guyinlaw wrote:
Fri Sep 06, 2019 8:44 am
schismal wrote:
Wed Sep 04, 2019 10:39 am

PV LINK

It seems to me like NTSX is a pretty versatile fund.
Has anyone bought NTSX?
Yes.
by TheJoelfather
Tue Aug 27, 2019 7:58 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio Inspired a New Risk-Parity ETF
Replies: 8
Views: 1459

Re: Ray Dalio Inspired a New Risk-Parity ETF

nisiprius wrote:
Mon Aug 26, 2019 12:26 pm
If RPAR is "the first in the US" then it has to be some kind of game-playing with terminology, in which the other risk parity funds are not truly risk parity funds or something.
It will be the first US ETF to do risk parity. There are mutual funds and even a non-US ETF that precedes it.
by TheJoelfather
Mon Aug 26, 2019 12:32 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio Inspired a New Risk-Parity ETF
Replies: 8
Views: 1459

Re: Ray Dalio Inspired a New Risk-Parity ETF

columbia wrote:
Mon Aug 26, 2019 12:26 pm
A little thin on details. As always:

What’s the benchmark for this?
A possible benchmark would be an S&P Risk Parity Index.
by TheJoelfather
Tue Aug 13, 2019 2:57 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio bullish on China (China market cap to overtake US in 2030?)
Replies: 58
Views: 6211

Re: Ray Dalio bullish on China (China market cap to overtake US in 2030?)

But there is a key fallacy behind the idea that Chinese market cap in the future overtaking US market cap makes it a good investment opportunity now. This market cap idea would make a good argument for investing now if the growth in market cap all came from rising share prices that occurs due to ea...
by TheJoelfather
Tue Aug 13, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1610
Views: 224261

Re: Fidelity as a one stop shop

with interest rates dropping and SPRXX now yielding 1.95%, where are people parking their cash funds into for their brokerage accounts and CMA (not asking about the admiral $100k investment mins), TIA! If you're 'parking' and don't need access to the funds, than I wouldn't even look at money market...
by TheJoelfather
Sat Aug 10, 2019 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1610
Views: 224261

Re: Fidelity as a one stop shop

So I ran into a snag today (Saturday). I went to a bank of america ATM to withdraw some cash from my CMA (which has overdraft turned on and $0 in it), but the transaction was declined due to insufficient funds. So it did not automatically overdraft any cash into the CMA from the investment account....
by TheJoelfather
Wed Aug 07, 2019 8:15 am
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68855

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Well, I'm dipping my toe into this one. Somewhat concerned that activity/interest seems to have hit a plateau, but I like the construction and relatively low cost. Seems to have offered some protection during S&P 500 drops over the past year while capturing most of the highs. So, it's been doing wh...
by TheJoelfather
Fri Aug 02, 2019 10:26 am
Forum: Personal Investments
Topic: Best place for cash: money market (fido) vs saving account
Replies: 13
Views: 1818

Re: Best place for cash: money market (fido) vs saving account

SPAXX, or FZDXX if you can afford the 100k to get in the position, becuase you can reduce the position immediately to the 10k-50k range and keep the yield.

If your taxable is in a brokerage account, SPAXX can be made your sweep account. If you have a CMA account, the transactions will be manual.
by TheJoelfather
Sun Jul 28, 2019 5:35 pm
Forum: Personal Consumer Issues
Topic: Ink refill - Brother's printer
Replies: 13
Views: 1277

Re: Ink refill - Brother's printer

1. On Amazon, I can order generic brand cartridges for ~$25 (GTS, LD, etc.). Does someone have experience with these? I'm a happy repeat customer of LD's toners with a Brother printer. They use new plastic cartidges each time, not a re-used recycled cartridge. LD Products and 4inkjets.com are the s...
by TheJoelfather
Sat Jul 27, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: Should Roth & Traditional accounts be invested similarly?
Replies: 16
Views: 1441

Re: Should Roth & Traditional accounts be invested similarly?

For those with both traditional accounts and Roth accounts, is it more advantageous to use identical or at least similar asset allocations in each account, or should one be invested differently than the other? From the wiki : If you have accounts with different tax treatment (taxable, traditional I...
by TheJoelfather
Fri Jul 26, 2019 10:29 am
Forum: Investing - Theory, News & General
Topic: My Fido retirement meeting pushing me to SMA
Replies: 90
Views: 8783

Re: My Fido retirement meeting pushing me to SMA

I had never seriously looked at Fidelity, and was unaware of this particular service. Frankly, I'm disappointed that Fidelity is doing something like this SMA stuff. I had thought of Vanguard and Fidelity as being basically the same, but this looks more like something that Edward Jones would do (al...
by TheJoelfather
Sun Jun 23, 2019 3:41 pm
Forum: Investing - Theory, News & General
Topic: Improving the Dalio/Robbins All-Seasons Portfolio
Replies: 286
Views: 70725

Re: Improving the Dalio/Robbins All-Seasons Portfolio

1. As a thought experiment, could this be trimmed down to 4 or so etfs without losing too much of its effectiveness in all 4 of the quadrants? Yes, the original Dalio allocation only requires 5 asset classes: 30% Equity: ITOT 40% Long-term treasury: TLT 15%: Intermediate treasury: IEF 7.5% Commodit...
by TheJoelfather
Thu Jun 20, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: Understanding using treasury futures for leverage to implement risk parity
Replies: 177
Views: 18660

Re: Understanding using treasury futures for leverage to implement risk parity

I've been very pleased incorporating NTSX in my portfolio to achieve the economic exposure of the original Dalio allocation (30%, 40%, 15%, 7.5%, 7.5%). It has behaved exactly as expected -- slow and steady. While the leverage I get is lower than holding the futures directly, it's a very simple and ...
by TheJoelfather
Wed Jun 19, 2019 6:04 pm
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 167
Views: 16677

Re: SWAN ETF - 10% Leaps / 90% Treasuries

The Prospectus says this. Perhaps someone can tell me what's meant by these and whether they constitute a serious risk. The boldfaced sentence suggest to me that even though the LEAPS only constitute 10% of the portfolio, possible losses due to LEAPS are not limited to 10%. Yes, that's weird. Norma...
by TheJoelfather
Wed Jun 19, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 167
Views: 16677

Re: SWAN ETF - 10% Leaps / 90% Treasuries

49 bps is a lot to pay for a strategy that one can easily execute themselves. They are only rebalancing/reconstituting twice per year. The good thing about having the ETF is it will provide for a true real life test of this strategy which has been discussed on this forum in the past. The question h...
by TheJoelfather
Tue Jun 18, 2019 4:02 pm
Forum: Personal Investments
Topic: Best place for temp cash in Fidelity HSA?
Replies: 11
Views: 1364

Re: Best place for temp cash in Fidelity HSA?

Have you looked at SPRXX? That's the one I use in my HSA and Cash Management Account (7-day yield 2.14%). SPRXX - 0.42% Expense Ration - isn't it too much? If compare with Vanguard MM Does this mean the effective yield is 2.14%-0.42%=1.72% ? If you click the link where you found this yield, you wou...
by TheJoelfather
Tue Jun 18, 2019 8:17 am
Forum: Personal Investments
Topic: Best place for temp cash in Fidelity HSA?
Replies: 11
Views: 1364

Re: Best place for temp cash in Fidelity HSA?

4nwestsaylng wrote:
Mon Jun 17, 2019 4:55 pm
It appears that there are no good options for MMFs in Fidelity.
https://www.fidelity.com/mutual-funds/f ... s/overview

Click the Money Market tab and you'll find dozens of options.
by TheJoelfather
Wed May 29, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: how to balance across Traditional and Roth accounts
Replies: 3
Views: 362

Re: how to balance across Traditional and Roth accounts

This may be a more helpful article from the wiki for your particular case: https://www.bogleheads.org/wiki/Tax-adjusted_asset_allocation Short answer: The value of an allocation in a Roth IRA has a different value to the account-holder than if it were allocated in a Traditional IRA. Why? Because the...
by TheJoelfather
Tue May 07, 2019 9:28 am
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 167
Views: 16677

Re: SWAN ETF - 10% Leaps / 90% Treasuries

What exactly is the accounting exposure is for SWAN? The WisdomTree 90/60 U.S. Balanced Fund ( NTSX ) is very clear in this case: 150% exposure in total: 90% equity and 60% treasury exposure. It's easy to construct a portfolio that mimics the price movement of NTSX. But I haven't been able to constr...
by TheJoelfather
Fri Apr 19, 2019 4:36 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68855

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

whodidntante wrote:
Fri Apr 19, 2019 3:04 pm
aristotelian wrote:
Fri Apr 19, 2019 3:03 pm

So when you buy a fund like this, do you just make market orders and hope for the best?
That would probably be fine, but I would use a marketable limit order instead.
Yes, or if you can't input a marketable limit order, just enter a limit order at the ask price and it will fill.
by TheJoelfather
Fri Apr 19, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68855

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

Too bad. I have been watching it and noticed the price appears to be frozen most of the time with very little trading going on. The price isn’t frozen, you’ll see the bid & ask adjust every item the implied value shifts penny by penny. Rather, you won’t see executed trades often because there’s are...
by TheJoelfather
Fri Apr 19, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 68855

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I don't have interest much in NTSX as a "Balanced Fund", but I do find it a valuable option to add faux leverage in "better" balanced portfolios. For example, I was interested in NTSX as a component of an all-weather portfolio and found the right allocation so that my economic exposure was equivalen...
by TheJoelfather
Wed Apr 17, 2019 10:07 am
Forum: Investing - Theory, News & General
Topic: Understanding using treasury futures for leverage to implement risk parity
Replies: 177
Views: 18660

Re: Understanding using treasury futures for leverage to implement risk parity

There is an ETF that does it for you: NTSX expense ratio is reasonable: 0.20% I am replacing my US Large allocation with this to achieve better risk parity. +1. I have not bought any yet but I am looking to open a position soon. I like the idea of this fund to use leverage on the bond side to achie...