Search found 81 matches

by fallingeggs
Wed Feb 19, 2020 5:18 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 2745
Views: 230030

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

To my ear, it sounds like privatefarmer is trying to combine the constant leverage of an LETF and the absolute leverage of margin/futures by letting this "constant" drift up and down. Trying to utilize the best of both without the downsides. Interesting and complicated. (And preparing for a max dra...
by fallingeggs
Wed Feb 19, 2020 4:39 pm
Forum: Personal Consumer Issues
Topic: Moving out of US for about 12-14 months : Suggestions requested on storage
Replies: 26
Views: 1584

Re: Moving out of US for about 12-14 months : Suggestions requested on storage

I moved out of the US for two years myself (with my wife). Gifted the car to a friend for the time. He paid for insurance and maintenance then gifted it back when I arrived home. Sold as much of our stuff as possible and put the rest (a combo of valuables I didn't want to sell and junk that wouldn't...
by fallingeggs
Wed Feb 19, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 2745
Views: 230030

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

My mistake. I am just trying to offset the selling that LETFs do during drawdowns. I have more than enough space in my margin account to do this, assuming a max drawdown of about 15-20% in my unleveraged risk parity strategy. I'm going to call it the rebalance with margin strategy. To my ear, it so...
by fallingeggs
Thu Feb 06, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing... Wish me luck.
Replies: 250
Views: 18605

Re: Well, I am market timing... Wish me luck.

Know I’m replying on page 5 of a post I didn’t read. But being 34 (I just turned this age two days ago!) and being out of the market for 1.5 months isn’t market timing. It’s tinkering for tinkering’s sake; for no benefit or detriment. Stay the course my friend. 1.5 months doesn’t make a dang differe...
by fallingeggs
Sat Feb 01, 2020 10:16 am
Forum: Personal Investments
Topic: 21 Male - Looking for investing tips
Replies: 37
Views: 2235

Re: 21 Male - Looking for investing tips

Save every month and Buy the S&P 500 and don’t sell these shares till you retire. At some point (in at least 10 years), you can direct new savings to bonds to hit whatever allocation you want. Doing this in a Roth IRA first would be best.
by fallingeggs
Sun Jan 12, 2020 11:52 am
Forum: Personal Consumer Issues
Topic: Trip to NYC/Broadway
Replies: 55
Views: 2907

Re: Trip to NYC/Broadway

Does MIL have any mobility issues? How many nights? I'd recommend at least 3 or 4. There are many things to do in NYC. Personally I would never stay in the Times Square area but it is closest to theater. It is very touristy, over-crowded, and it not representative of the rest of the city but if you...
by fallingeggs
Fri Jan 10, 2020 8:23 am
Forum: Personal Investments
Topic: Did I leave money on the table? 401k Employer match exceeding IRS limit
Replies: 11
Views: 1626

Re: Did I leave money on the table? 401k Employer match exceeding IRS limit

HEDGEFUNDIE wrote:
Thu Jan 09, 2020 11:42 pm
Spoke with my HR today and they confirmed that the March match will count against the 2019 plan year, and that I will receive my after-tax contributions in June as excess. All good here!
Can't argue against that! Learn something new every day.
by fallingeggs
Thu Jan 09, 2020 7:40 pm
Forum: Personal Investments
Topic: Did I leave money on the table? 401k Employer match exceeding IRS limit
Replies: 11
Views: 1626

Re: Did I leave money on the table? 401k Employer match exceeding IRS limit

Employer contributions can count for the previous tax year if deducted by the employer for that tax year by the employer's tax filing date including extensions. If your employer is a corporation those dates are 3/15 and 9/15 respectively. Early March employer contributions are almost always for the...
by fallingeggs
Wed Jan 08, 2020 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Which areas have the highest median household income to lowest median home price ratio?
Replies: 26
Views: 2874

Re: Which areas have the highest median household income to lowest median home price ratio?

Wild guess: Houston or Dallas. Lots of well paying jobs and urban sprawl keeps home prices down (at the cost of a potentially long commute).
by fallingeggs
Wed Jan 08, 2020 12:05 pm
Forum: Investing - Theory, News & General
Topic: Why don’t ETF shares ever split to reduce price?
Replies: 29
Views: 3144

Re: Why don’t ETF shares ever split to reduce price?

Leveraged ETFs split and reverse-split all the time!
by fallingeggs
Tue Jan 07, 2020 3:57 pm
Forum: Non-US Investing
Topic: NASDAQ 100. What risk should I know about this index?
Replies: 14
Views: 1066

Re: NASDAQ 100. What risk should I know about this index?

I don't think there is really much different in risk when compared to the S&P 500 or world markets. I believe the biggest risk is that it under performs by a few percentage points the other indexes over a long period of time. I don't think we're going to see a 5-year period where the S&P 500 goes up...
by fallingeggs
Mon Jan 06, 2020 8:07 pm
Forum: Personal Consumer Issues
Topic: Live in Miami. Should I join a boat club?
Replies: 29
Views: 2743

Re: Live in Miami. Should I join a boat club?

I live in Miami (previous 10 in NYC) and own an 18' single outboard, dual counsel powerboat (along with a 38' sailboat, but that's another story). I'm not sure what in the world a previous poster was talking about when he said boating season isn't all year long. I've been out half a dozen times this...
by fallingeggs
Sat Dec 28, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: Year around the world with kids
Replies: 12
Views: 1431

Re: Year around the world with kids

I traveled in Europe with my now wife for 4 months in the summer of 2015 and just returned from sailing for two years together. Seen many families traveling together. A few thought. - Ditch the rolling bags and make the backpacking backpacks work. Everyone carries their own stuff! The roller bags wi...
by fallingeggs
Mon Dec 23, 2019 1:46 pm
Forum: Non-US Investing
Topic: IBKR Managed Securities Lent (Stock Yield Enhancement Program) How safe/risky is it?
Replies: 3
Views: 334

Re: IBKR Managed Securities Lent (Stock Yield Enhancement Program) How safe/risky is it?

It's low risk as you are getting cash as collateral for the securities lend out. So if for any reasons security is not returned, you keep the cash. Collateral is marked to marked daily meaning cash collateral value is adjusted depending on the daily changes in security prices. There is a risk that ...
by fallingeggs
Fri Dec 20, 2019 6:26 pm
Forum: Personal Investments
Topic: Large forex transfer from India ($100K+ )
Replies: 19
Views: 1621

Re: Large forex transfer from India ($100K+ )

Can't say I've ever done this before, but why not go through State Bank of India that has a NY Branch (that is, transfer money to SToI in India, then ask the NY Branch to transfer it to your US bank account)? Or transfer the funds to an Indian subsidiary of Citigroup, then up to a Citigroup account ...
by fallingeggs
Wed Dec 18, 2019 10:10 am
Forum: Investing - Theory, News & General
Topic: New ETF HLAL
Replies: 17
Views: 1202

Re: New ETF HLAL

Looks like a marketing gimmick to attract Muslim investors. Great idea to make money. This is not a new idea and there are quite a few Muslim investors that will not use means that are not compliant. I have only tangentially touched Shariah compliant investments within my day job. My generally unde...
by fallingeggs
Tue Dec 17, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Does a student need to file a tax return in order fo fund a Roth?
Replies: 10
Views: 1048

Re: Does a student need to file a tax return in order fo fund a Roth?

From the IRS's website: "Contributions to a Roth IRA aren't deductible (and you don't report the contributions on your tax return) . . . ." (https://www.irs.gov/taxtopics/tc451) And if his earnings are less than about $4,550, then he doesn't have a filing requirement. (Can check for your self here: ...
by fallingeggs
Tue Dec 17, 2019 3:31 pm
Forum: Personal Investments
Topic: Paid off Mortgage. Now count it in Bond %?
Replies: 49
Views: 3884

Re: Paid off Mortgage. Now count it in Bond %?

Maybe if you had a firm plan to move within some reasonable time frame to lower cost housing market, one could make a case to count the value of your current house in excess of the future house as a bond. But unless you're moving from Manhattan to Tulsa, could this really make a material difference ...
by fallingeggs
Tue Dec 17, 2019 3:22 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 2745
Views: 230030

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

I have a question I don't believe I've seen addressed yet. Is there an inherent (as in, mathematical, law of physics type thing) relationship between yields on long bonds and volatility? This article from portfoliocharts about bond convexity ( https://portfoliocharts.com/2019/05/27/high-profits-at-...
by fallingeggs
Sat Dec 14, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: 2015 Mini Cooper Questions
Replies: 15
Views: 1004

Re: 2015 Mini Cooper Questions

Poor man’s BMW? Not with the prices they are asking! Mini’s are purchased because they are cute and a little fun. Not because they are safe, convenient, comfortable, have good value or the latest tech. My wife loves her (leased) Countryman. But when we are going someplace together we almost take my ...
by fallingeggs
Fri Dec 06, 2019 3:15 pm
Forum: Personal Investments
Topic: Leveraged ETF's
Replies: 16
Views: 1005

Re: Leveraged ETF's

A 34% loss in a single trading session is neigh impossible to imagine. Notwithstanding the circuit breakers, it would take a catastrophic event (direct attack on DC by China or Russia?) and if you plan your savings around catastrophic events . . . I am slightly more concerned with the market making ...
by fallingeggs
Fri Dec 06, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Home renovation
Replies: 12
Views: 1048

Re: Home renovation

My wife and I have pondered a similar question as we are looking to buy and renovate a house. A metric to keep an eye on is, as mentioned in a comment above, the home values of your neighborhood compared to the current value of your house plus the reno budget. If your neighborhood can support a $800...
by fallingeggs
Thu Nov 21, 2019 5:10 pm
Forum: Investing - Theory, News & General
Topic: Where does the money come from?
Replies: 54
Views: 7148

Re: Where does the money come from?

For a share to go from being worth $10 to $15, wouldn't there have had to be purchases and thus the selling of one asset in order to have money to buy the asset at the $15 price? If so, what assets are on the other side of the trade to make up for the gain in the stock? Since every asset class is u...
by fallingeggs
Tue Nov 19, 2019 10:49 pm
Forum: Investing - Theory, News & General
Topic: What "Exactly" Does Selling Order Flow Mean?
Replies: 31
Views: 2855

Re: What "Exactly" Does Selling Order Flow Mean?

It’s one of those things that are tiny for any individual investor (the profit given up is pennies on a trade, so who’s going to raise a big stink?), but adds up when there are tens of millions of them. Better off with the zero commissions for sure.
by fallingeggs
Tue Nov 19, 2019 12:53 pm
Forum: Investing - Theory, News & General
Topic: Bill Gates' backed Heliogen may revolutionize energy industry
Replies: 65
Views: 6400

Re: Bill Gates' backed Heliogen may revolutionize energy industry

Have you checked out the Netflix documentary on the Bill & Melinda Gates Foundation? It's fascinating stuff. In his own words, he's trying to invest in solution that may not become viable for decades, like his nuclear power plants. Their net worth has given them the unique ability to look for answer...
by fallingeggs
Mon Nov 18, 2019 8:31 pm
Forum: Personal Investments
Topic: buying VIX
Replies: 13
Views: 1295

Re: buying VIX

Don’t investments like this reverse split ever so often to re-boost the share price? Pretty sure that trend is ever worse when adjusting for price .... That's sort of what I was trying to explain. While you can calculate VIX, you can't actually invest in it. The closest you can buy are VIX futures,...
by fallingeggs
Mon Nov 18, 2019 5:04 pm
Forum: Personal Investments
Topic: buying VIX
Replies: 13
Views: 1295

Re: buying VIX

You can't invest directly in VIX, so your plan cannot work. Did you check the VIXY chart? It has always and will always have a negative trend. There is no way around it. If you want to burn $1k for fun, go trade options on UPRO :-)
by fallingeggs
Sun Nov 17, 2019 10:53 pm
Forum: Personal Investments
Topic: Why don’t we use this leverage strategy?
Replies: 12
Views: 1741

Re: Why don’t we use this leverage strategy?

lakpr wrote:
Sun Nov 17, 2019 10:46 pm
As a practical matter, leveraged ETFs are not available from mainstream brokerages, one would need to go to secondary platforms such as M1 Finance, Wealthfront, etc.
Charles Schwab is plenty mainstream.
by fallingeggs
Sat Nov 16, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 13642

Re: Best thing you have ever bought?

Agree with the wedding/engagement ring comment, but for a fresh... look... Lasik Eye surgery. Hands down. Great answer. So I’ll steal it. From someone that had horrible vision, LASIK was life changing. One of the first things I purchased with my first job out of college. Have recommended it to ever...
by fallingeggs
Fri Nov 15, 2019 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony Bank (as credit card issuer)?
Replies: 16
Views: 1139

Re: Synchrony Bank (as credit card issuer)?

As mentioned, Synchrony was the former Retail Finance business of GE back in pre-2008 times when GE was deriving a majority of their profits from finance activities (and what contributed to their blow up!), has been in the credit card business for (at least) three decades by now, and is one of the l...
by fallingeggs
Thu Nov 14, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: Garage Generator Install
Replies: 44
Views: 3185

Re: Garage Generator Install

I'm going to go the other way and suggest that it is entirely possible to, in theory, safely route the exhaust outside of the house. Motor and sailboats of all sizes do this with their inboard engines and generators. But these are diesel, which isn't combustible, but they still store and use propane...
by fallingeggs
Wed Nov 13, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Relationship between the 1 and 3 mo LIBOR, utility of refinancing variable rate loans
Replies: 3
Views: 255

Re: Relationship between the 1 and 3 mo LIBOR, utility of refinancing variable rate loans

There is a difference, but it would be immaterial to your loan. Generally 1m would be ever so slightly lower than 3m, but obviously this is made up in the +3 basis point adjustment. And yes, LIBOR is being replaced with SOFR (secured overnight funding rate) around 2021(at least in the US). SOFR is l...
by fallingeggs
Tue Nov 12, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: 29yr Big 4 Tech Consultant Pursuing Higher Earning Potential
Replies: 12
Views: 2797

Re: 29yr Big 4 Tech Consultant Pursuing Higher Earning Potential

I’m a Senior Manager in a Big 4 firm. Why the urgency to get out <1 year after joining? Here’s my take: 1. On earnings potential: the firms take care of those that are consistent high performers. If you are able to consistently significantly exceed expectations you should expect to see good yearly ...
by fallingeggs
Tue Nov 12, 2019 6:23 pm
Forum: Personal Consumer Issues
Topic: Blankets/Bedding for Cold Winter Nights
Replies: 56
Views: 3870

Re: Blankets/Bedding for Cold Winter Nights

I love nice bedding and will happily spend more on that than on my car, at least most years. I've recently splurged on a goose-down comforter from Feathered Friends, and it is absolutely amazing; it's so light that it takes you a while to realize how warm you are. It was a replacement/upgrade for s...
by fallingeggs
Mon Sep 09, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody here who uses WageWorks commuter card?
Replies: 4
Views: 577

Re: Anybody here who uses WageWorks commuter card?

I used the card when I lived in NYC, but have since stopped as I moved. Which is actually a good for your question. Unused money rolls over each month, so there isn't anything lost. When I left my employer, I was told that I needed to use the left over before three months. Not sure if they just dist...
by fallingeggs
Thu Sep 05, 2019 12:44 pm
Forum: Investing - Theory, News & General
Topic: In an (imaginary!) 5X leveraged ETF what would happen if the base index fell more than 20% in a single day?
Replies: 26
Views: 2294

Re: In an (imaginary!) 5X leveraged ETF what would happen if the base index fell more than 20% in a single day?

This, among other reasons, why exactly why such a vehicle doesn't exist and will never be approved by the SEC. Investment banks allow extreme levels of leverage on intraday trades, but only when they are allowed to liquidate positions during the day as such positions reach wipe out levels. ETFs can ...
by fallingeggs
Mon Aug 05, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 344327

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

That was... exciting.

Good refresher for those wondering if they have the stomach for this long term. I’m a happy camper staying put and waiting for my end of month contributions.
by fallingeggs
Fri Jul 26, 2019 9:17 pm
Forum: Personal Consumer Issues
Topic: Quelling Car Fever
Replies: 57
Views: 3494

Re: Quelling Car Fever

Want a way to stop you from buying the car? Save up the cash and see if you have the guts to spend it all at once rather than hide the cost behind monthly payments. Or at least save up the difference between the “reasonable” choice and the “fun” choice. If you can spent the cash all at once, and ass...
by fallingeggs
Fri Jul 26, 2019 9:09 pm
Forum: Personal Consumer Issues
Topic: Long commute: how to manage?
Replies: 110
Views: 7799

Re: Long commute: how to manage?

Another here for buying a car that will drive itself in stop and go traffic. Tesla, Cadillac, BMW, Mercedes, and Audi all have great systems that really work. The mid tier companies are close or will be there soon. Test drive them all and prove it to yourself. If a lease or new isn’t an option, most...
by fallingeggs
Fri Jul 19, 2019 4:24 pm
Forum: Personal Consumer Issues
Topic: Month in London with family - where to stay economically?
Replies: 4
Views: 776

Re: Month in London with family - where to stay economically?

If I were to do such a thing, I'd also be looking at AirBnB (or a local equivalent, which Google would tell me about). Staying outside of zone 1 should significantly cut down the price. You'll just be taking the tube into the city to sight see. Fulham, West Kensington and Putney are great family are...
by fallingeggs
Fri Jul 19, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: If you own a sportfishing boat...when did you pull the trigger?
Replies: 18
Views: 1966

Re: If you own a sportfishing boat...when did you pull the trigger?

My head exploded when I learned that those 60+ foot sportfishers can burn 160 gallons per hour of diesel at cruising speed. :shock: :shock: :shock: I spent two years sailing my boat through the Caribbean with my wife (where I used maybe 160 gallons of diesel over two years!), so feel I have a tad of...
by fallingeggs
Thu Jul 18, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 23483

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

Obviously HCOL areas provide higher incomes, but do they also provide higher net worths and more wealth building potential or is it essentially equal to LCOL areas in terms of net worth and wealth building due to the lower expenses in LCOL areas? I am trying to determine if I could be achieving mor...
by fallingeggs
Wed Jul 17, 2019 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Risks of buying a Bay Area home with 4-year time horizon?
Replies: 26
Views: 2562

Re: Risks of buying a Bay Area home with 4-year time horizon?

The cost of interest + property taxes + closing costs over a 4 year period will roughly equal what we would pay in rent for a significantly smaller duplex/apartment, so any home we purchase I would view less as an investment than a tying up of assets to improve quality of living. How about the 6% c...
by fallingeggs
Tue Jul 16, 2019 7:11 pm
Forum: Personal Investments
Topic: US citizen retiring in Spain - portfolio concern
Replies: 25
Views: 2462

Re: US citizen retiring in Spain - portfolio concern

Thanks Hedging would seem costly. How do I even do this? Since the Euro creation ~20 years ago the EUR/USD has been roughly 1.4 – 0.9 with average around 1.2. This means I could have gained/lost +- 25% on my bond portfolio just due to currency alone. Does not really stabilize my portfolio. Looking ...
by fallingeggs
Tue Jul 16, 2019 5:15 pm
Forum: Personal Investments
Topic: US citizen retiring in Spain - portfolio concern
Replies: 25
Views: 2462

Re: US citizen retiring in Spain - portfolio concern

The Euro bond market, in general, isn't as robust as in the US, so I could see it being harder to find similar products. Does one really want Euro zone government and bank bonds? I would challenge your conventional wisdom that says your bonds should be in Euro in the first place. You will still be a...
by fallingeggs
Fri Jul 12, 2019 7:45 am
Forum: Personal Consumer Issues
Topic: Got robbed in London...Phone stolen...what else do I need to do?
Replies: 56
Views: 8833

Re: Got mugged in London...Phone stolen...what else do I need to do?

I am also of the side that says you don't need to change all those passwords. Maybe the financial ones if that makes you feel better. The only people that might possibly be able to hack an iPhone are certain governments (or their university researchers) and maybe Apple itself (although it would neve...
by fallingeggs
Fri Jul 12, 2019 7:19 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Motorcycle?
Replies: 59
Views: 3596

Re: Should I Buy a Motorcycle?

Another one here for a used bike; there are a lot of good choices out there. And constructions often go off budget, so make sure you have enough saved for the overruns. Only with the excess should you spend on this. Once you know that motorcycling is more than a passing fad, and you have a few years...
by fallingeggs
Tue Jul 09, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Buying a Smoker
Replies: 126
Views: 9755

Re: Buying a Smoker

You're getting a lot of varying opinions here. I will give you my n=1. I have a Bradley electric smoker https://www.bradleysmoker.com/product/bradley-original-electric-food-smoker/ . It was a gift from my wife ~5 years ago and is a lower-cost option. Reasons I recommend: - I don't have to fuss with...
by fallingeggs
Sun Jul 07, 2019 6:35 pm
Forum: Personal Investments
Topic: Portfolio Review for 35 year old; Early Retirement at age 55
Replies: 33
Views: 5490

Re: Portfolio Review for 35 year old; Early Retirement at age 55

I'm actually about where you are, with a similar savings rate and a similar goal (in age and number). I think we're both doing just fine. Even under a very conservative growth rate, we make it. Keep on, keeping on. Cheers!
by fallingeggs
Sun Jul 07, 2019 6:27 pm
Forum: Personal Consumer Issues
Topic: Is Grass-fed milk worth it?
Replies: 82
Views: 4895

Re: Is Grass milk worth it?

For me, organic and grass fed are worth it, but that doesn't mean the big brands out there are good milks. Look on the label and most are "ultra pasteurized." In additional to "ultra" killing the bacteria, it also "ultra" kills the flavor. If you haven't had low heat pasteurized (or raw) milk, then ...