Search found 354 matches

by schooner
Wed Jul 15, 2020 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting back door roth made in 2020
Replies: 5
Views: 254

Re: Reporting back door roth made in 2020

I chose 2019 for the tax year. I think I did it right, I just have to remember to put the 1099-r showing the distribution in the 2020 tax filing. And since I will be doing it again this calendar year for 2020, on the 2020 filing I will show only the 2020 contribution but both the 2019 and 2020 conv...
by schooner
Wed Jul 15, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Deadline Tomorrow - Return (Presumably) Sitting in a Truck Somewhere
Replies: 47
Views: 2742

Re: Tax Deadline Tomorrow - Return (Presumably) Sitting in a Truck Somewhere

This is your second thread about your tax return. Don't stress yourself, it will all work out just fine. From news reports, there are many, many people in the same boat as you. The only thing I try to do with taxes is to always owe a little bit each year, so I don't worry about any tax refund. If I...
by schooner
Wed Jul 15, 2020 2:42 pm
Forum: Personal Investments
Topic: Vanguard Alternative to .15% Prime Money Market
Replies: 17
Views: 2146

Re: Vanguard Alternative to .15% Prime Money Market

I have a decent chunk directly in a Vanguard account in the Prime Money Market account, now yielding .15%. I see that Citi and CapOne have savings accounts yielding about 1%. The dollar difference isn't huge at those rates. But rather than jumping through hoops to get that whopping 1%, what I can b...
by schooner
Wed Jul 15, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting back door roth made in 2020
Replies: 5
Views: 254

Re: Reporting back door roth made in 2020

Which tax year did you choose for your contribution? 2020 or 2019?

You do not fill out a 1099-R. Vanguard completes that form and provides it to you.
by schooner
Fri Jun 26, 2020 10:45 am
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17460

Re: Susie Orman Says You are Crazy to be Investing in Bonds

“You have to be crazy, if you ask me, to be in bonds at this point in time.” - Susie Orman I don't really know how bonds works, I set my allocation to 60 stocks / 40% bonds based on age. Should we be all selling our bonds and holding cash instead? Or just put everything in the stock market? https:/...
by schooner
Wed Jun 24, 2020 3:04 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17460

Re: Susie Orman Says You are Crazy to be Investing in Bonds

“You have to be crazy, if you ask me, to be in bonds at this point in time.” - Susie Orman I don't really know how bonds works, I set my allocation to 60 stocks / 40% bonds based on age. Should we be all selling our bonds and holding cash instead? Or just put everything in the stock market? https:/...
by schooner
Wed Jun 24, 2020 2:38 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17460

Re: Susie Orman Says You are Crazy to be Investing in Bonds

A high yield savings account that yields 1.1% Is that with the bank that issued Orman's debit card? ??? Ally Bank is 1.1% and Marcus is 1.05%. This isn't a hairbrained tv personality idea. Jeremy Siegel and many other smart people are saying the same thing about bonds. If you have millions of dolla...
by schooner
Wed Jun 24, 2020 10:09 am
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17460

Re: Susie Orman Says You are Crazy to be Investing in Bonds

“You have to be crazy, if you ask me, to be in bonds at this point in time.” - Susie Orman I don't really know how bonds works, I set my allocation to 60 stocks / 40% bonds based on age. Should we be all selling our bonds and holding cash instead? Or just put everything in the stock market? https:/...
by schooner
Tue Jun 16, 2020 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 193
Views: 25422

Re: [Marcus Savings Account - Interest rate is now 1.7%]

Unless you have tons of cash, probably safer to keep an emergency fund in a brick-and-mortar checking account imo. Just one overdraft fee or $35 would wipe out the interest I'd earn on $3,300 in one year at that rate. Plus all of the hastle. No thank you. Happy with my Marcus CDs but definately not...
by schooner
Tue Jun 16, 2020 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 193
Views: 25422

Re: [Marcus Savings Account - Interest rate is now 1.7%]

Unless you have tons of cash, probably safer to keep an emergency fund in a brick-and-mortar checking account imo. Just one overdraft fee or $35 would wipe out the interest I'd earn on $3,300 in one year at that rate. Plus all of the hastle. No thank you. Happy with my Marcus CDs but definately not ...
by schooner
Fri May 29, 2020 9:49 am
Forum: Personal Investments
Topic: Vanguard Prime Money Market
Replies: 14
Views: 1350

Re: Vanguard Prime Money Market

I'd recommend a high yield savings account or no-penalty CD from an FDIC insured online bank. Marcus or Ally is about 1.3% these days.
by schooner
Wed May 06, 2020 4:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Re: Vanguard Mutual Funds Outperform ETF

The same critique applies to the Vanguard ETF performance data. So we have no idea?? Here is an experiment, for folks who own a VTI, what was your dividend reinvestment price for March? Did everyone get the same price? Or did folks get different prices at different times? I find the data clearly to...
by schooner
Wed May 06, 2020 3:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Re: Vanguard Mutual Funds Outperform ETF

The same critique applies to the Vanguard ETF performance data. So we have no idea?? Here is an experiment, for folks who own a VTI, what was your dividend reinvestment price for March? Did everyone get the same price? Or did folks get different prices at different times? VTI 3/31/2020 $130.623 Int...
by schooner
Wed May 06, 2020 3:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Re: Vanguard Mutual Funds Outperform ETF

Lost in the noise. Doesn't matter. I personally have a strong preference for mutual funds, but hey. I find it annoying when ETF fans insist that ETFs are just plain better than mutual funds, period, so of course I'm pleased to see that I'm not missing out on a few sure-thing basis points, and that ...
by schooner
Wed May 06, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Re: Vanguard Mutual Funds Outperform ETF

Northern Flicker wrote:
Wed May 06, 2020 3:07 pm
The same critique applies to the Vanguard ETF performance data.
So we have no idea?? Here is an experiment, for folks who own a VTI, what was your dividend reinvestment price for March? Did everyone get the same price? Or did folks get different prices at different times?
by schooner
Wed May 06, 2020 3:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Re: Vanguard Mutual Funds Outperform ETF

We can replicate the Vanguard data on PV by using the same time periods: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2019&firstMonth=5&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&infla...
by schooner
Wed May 06, 2020 2:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Re: Vanguard Mutual Funds Outperform ETF

This swings back and forth with very slight benefit going either way due to changes in premium/discount to NAV. During down markets with liquidity lower, ETFs may very slightly underperform. The 1-5 year performance quoted are short periods with end date a down market, so this biases the result. He...
by schooner
Wed May 06, 2020 1:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Re: Vanguard Mutual Funds Outperform ETF

My guess it has to do with dividend reinvestment. The mutual fund dividends are available immediately. +1 as my guess too. In a rising market, the fact that dividends are immediately reinvested vs. a couple of days later (when the price may have gone up) probably explains the difference. EDIT: mark...
by schooner
Wed May 06, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 49
Views: 2869

Vanguard Mutual Funds Outperform ETF

As of April 30, 2020: 1 Year Return VTI: -1.25% VTSAX: -1.13% VOO: 0.73% VFIAX: 0.82% 3 Year Cumulative Return VTI: 25.92% VTSAX: 26.01% VOO: 29.40% VFIAX: 29.52% 5 Year Cumulative Return VTI: 48.89% VTSAX: 49.04% VOO: 54.33% VFIAX: 54.49% Thoughts? Source: https://investor.vanguard.com/etf/profile/...
by schooner
Sat Apr 18, 2020 1:03 pm
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

I wonder if it’s just an accounting oddity because it’s a SPAC and was trading previously before the merger. P/B then must’ve been 1 yeah? Perhaps it’ll work itself out. A few questions for you: 1) Is SPCE a small cap value stock? Yes or no? 2) Why is that an accounting oddity? 2) How many other se...
by schooner
Sat Apr 18, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

Crickets from the factor proponents? Can anyone explain this? Has anyone actually read the the prospectus of what they are investing in? “Never invest in a business you cannot understand. Risk comes from not knowing what you're doing." - Warren Buffett I only own the SP600 indexes.... so don't know...
by schooner
Sat Apr 18, 2020 12:01 pm
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

I wonder if it’s just an accounting oddity because it’s a SPAC and was trading previously before the merger. P/B then must’ve been 1 yeah? Perhaps it’ll work itself out. A few questions for you: 1) Is SPCE a small cap value stock? Yes or no? 2) Why is that an accounting oddity? 2) How many other se...
by schooner
Sat Apr 18, 2020 11:12 am
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

Well, either you are "rules-based" or you aren't. If you want human judgement, find an actively-managed fund. One of the reasons I personally like a total market fund is that although there are issues and ambiguities even here--especially at the smallest-cap fringe--I think deciding whether somethi...
by schooner
Sat Apr 18, 2020 10:57 am
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

I wonder if it’s just an accounting oddity because it’s a SPAC and was trading previously before the merger. P/B then must’ve been 1 yeah? Perhaps it’ll work itself out. A few questions for you: 1) Is SPCE a small cap value stock? Yes or no? 2) Why is that an accounting oddity? 2) How many other se...
by schooner
Sat Apr 18, 2020 10:19 am
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

Crickets from the factor proponents? Can anyone explain this? Has anyone actually read the the prospectus of what they are investing in? “Never invest in a business you cannot understand. Risk comes from not knowing what you're doing." - Warren Buffett I only own the SP600 indexes.... so don't know...
by schooner
Sat Apr 18, 2020 9:45 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16751

Re: whos' just about had it w/ SCV ?

Is Virgin Galactic (SPCE) a small cap value stock?

viewtopic.php?f=10&t=312257
by schooner
Sat Apr 18, 2020 9:25 am
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

Crickets from the factor proponents? Can anyone explain this? Has anyone actually read the the prospectus of what they are investing in?

“Never invest in a business you cannot understand. Risk comes from not knowing what you're doing." - Warren Buffett
by schooner
Fri Apr 17, 2020 4:34 pm
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

firebirdparts wrote:
Fri Apr 17, 2020 4:06 pm
Yikes.
Yeah, how many folks have thought “that can’t be right” and tried to look it up? Here is the list of holdings, just sort by name Z-A:
https://investor.vanguard.com/mutual-fu ... o-holdings
by schooner
Fri Apr 17, 2020 3:43 pm
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

Vanguard’s SCV fund follows the CRSP index. According to CRSP methodology, the “value” is measured by the following: Book to Price Forward Earnings to Price Historical Earnings to Price Dividend to Price Sales to Price Not sure how SPCE even registers for most these since it has no earnings? Sales?
by schooner
Fri Apr 17, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Re: Is Virgin Galactic (SPCE) a value stock?

kevinpet wrote:
Fri Apr 17, 2020 2:38 pm
Their criteria is essentially if it isn't growing, it must be value.
Ha, you’re probably right, too bad they don’t give a Nobel prize for common sense :wink:
by schooner
Fri Apr 17, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: Is Virgin Galactic (SPCE) a value stock?
Replies: 21
Views: 944

Is Virgin Galactic (SPCE) a value stock?

The company has been trading for less than a year, has never booked a profit, and is a favorite of speculators (who sometimes confuse it with other companies). https://www.cnbc.com/2020/04/14/virgin-galactic-stock-spce-jumping-but-some-might-be-trading-the-wrong-company.html ...yet it’s in Vanguard’...
by schooner
Wed Apr 15, 2020 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Delay mortgage payments under CARES Act
Replies: 73
Views: 4965

Re: Delay mortgage payments under CARES Act

As you all know, the CARES Act allows mortgage holders to delay payments for three months, then another three, and then (I think) up to a year. From what I've read, some banks are offering unfavorable terms -- the total amount of delayed payments is due once the delay is done. Mortgages owned by Fr...
by schooner
Fri Apr 10, 2020 2:08 pm
Forum: Personal Investments
Topic: If VTI is more diversified than VOO, why is it more down?
Replies: 41
Views: 3660

Re: If VTI is more diversified than VOO, why is it more down?

Because nobody knows nothing; because most of the confident-sounding statements about how various kinds of investment are supposed to behave are unreliable at the best of times; and extremely unreliable when you are looking over short periods of time during extremely unusual conditions. Asking this...
by schooner
Tue Apr 07, 2020 10:11 pm
Forum: Personal Investments
Topic: If VTI is more diversified than VOO, why is it more down?
Replies: 41
Views: 3660

Re: If VTI is more diversified than VOO, why is it more down?

boglelord wrote:
Tue Apr 07, 2020 11:47 am
Please explain
Maybe Fama-French have no idea what they’re talking about and investors are suffering from the Einstellung Effect.
by schooner
Tue Apr 07, 2020 12:50 pm
Forum: Personal Investments
Topic: If VTI is more diversified than VOO, why is it more down?
Replies: 41
Views: 3660

Re: If VTI is more diversified than VOO, why is it more down?

Jack Bogle had something to say about this exactly 10 years ago after Allan Roth recommended a Total Stock Market Fund over the SP500. Roth, the Bogleheads, and even Vanguard itself have since moved away from the SP500 towards the total market. They should have listened to Jack 10 years ago - they'd...
by schooner
Wed Mar 18, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5751
Views: 518972

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

I have updated the OP to show my current portfolio, lest anyone get the wrong idea about my transparency and commitment. Quick question - what would you do if either fund closes? Seems like that’s a real possibility after a huge drop like this. Wouldn’t the nightmare scenario be one or both funds p...
by schooner
Tue Feb 25, 2020 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance @ 3% vs 'Rewrite' @ 3.125%?
Replies: 25
Views: 1908

Re: Refinance @ 3% vs 'Rewrite' @ 3.125%?

Planning to refinance my 20yr 3.5% loan to a 15yr term and I have 2 options: 1) Refinance with new bank @ 3% with ~ $3,200 closing costs rolled into loan (+prepaids paid out of pocket). 2) 'Rewrite' with existing bank @ 3.125% for ~ $2,200 fee, no formal closing just sign some paperwork (paid out o...
by schooner
Tue Feb 11, 2020 12:55 pm
Forum: Personal Investments
Topic: 529 plan for myself? (Illinois)
Replies: 15
Views: 759

Re: 529 plan for myself? (Illinois)

Hi Bogleheads, I am doing some quick research on 529s and want to make sure I'm not missing anything. I currently have 3 years left in my MBA program; I work full time and just started the part time program summer 2019. Can I just max my 529 each year and pay the tuition from that account? Afterwar...
by schooner
Tue Jan 28, 2020 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Don't Get Escheated! (Planet Money on Escheatment)
Replies: 36
Views: 4630

Re: Don't Get Escheated! (Planet Money on Escheatment)

Maybe each FI is different. Very much different -- it's a policy decision by each company. I've had accounts where logging in was sufficient, and those where it wasn't. Mergers can make a difference also -- the policy from the new owners may be different. Simplification is one way to reduce the ris...
by schooner
Tue Jan 28, 2020 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Don't Get Escheated! (Planet Money on Escheatment)
Replies: 36
Views: 4630

Re: Don't Get Escheated! (Planet Money on Escheatment)

Yes, I've frequently mentioned escheatment laws as one reason you should probably ignore Mr. Bogle's well intentioned advice to "don't peek". ... "Don't peek" doesn't mean that you don't monitor your accounts annually at least. I'm sure what Mr. Bogle meant was that you should not be continually lo...
by schooner
Tue Jan 28, 2020 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Don't Get Escheated! (Planet Money on Escheatment)
Replies: 36
Views: 4630

Re: Don't Get Escheated! (Planet Money on Escheatment)

Per Delaware law, as long as IRS Form 1099 is delivered via US Mail, the account is considered active: "If the property is either held within accounts established for automatic electronic deposit of dividends (“ACH Accounts”) or within accounts established as part of a dividend reinvestment plan, in...
by schooner
Mon Jan 27, 2020 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Don't Get Escheated! (Planet Money on Escheatment)
Replies: 36
Views: 4630

Re: Don't Get Escheated! (Planet Money on Escheatment)

Something doesn't add up about this story. For one thing, I think Italians are subject to a wealth tax and are required to report foreign holdings: Individuals were required to report assets held overseas in Form RW, if the alue of the total foreign assets held by the individual exceeds, in an aggre...
by schooner
Mon Jan 27, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Tax implications & large cash gift for down payment?
Replies: 111
Views: 3080

Re: Tax implications & large cash gift for down payment?

My father in law has offered a very generous gift of $600k to allow us to buy a home in the school district we desire (he wants to see us enjoying some of our inheritance while he’s alive and this combined with equity from our current home will allow us to be able to afford a very similar monthly p...
by schooner
Fri Jan 24, 2020 7:00 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 109
Views: 17589

Re: Warren Buffett Does Recommend The 90/10 Portfolio

He did recommend 90% S&P 500 and 10% Bonds. What has always puzzled me is most folks constantly get hung up on the asset allocation of 90% stocks and 10% bonds. To me what is more moving and important is not the allocation but the underlying strategy and funds. Mr. Buffett is recommending a simple ...
by schooner
Fri Jan 24, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 109
Views: 17589

Re: Warren Buffett Does Recommend The 90/10 Portfolio

He is planning on leaving her $100,000,000.00 you can allocate whatever you want when you’re in your 70’s or 80’s with a hundred million. Probably not the best advice for the average person. The absolute amount of money isn’t relative since he talks about a 3 or 4% withdrawal rate. From an intervie...
by schooner
Fri Jan 24, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5751
Views: 518972

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

Hedgefundie isn't adventuring alone these days. His quixotic journey is timeless: "investors in XIV -- a leveraged exchange-traded note that bet against stock fluctuations -- discovered in 2018. The VelocityShares Daily Inverse VIX Short-Term ETN was so popular with amateur traders it even had its ...
by schooner
Fri Jan 24, 2020 9:00 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5751
Views: 518972

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

Back to the subject - I generally read the prospectus of something I invest in. And maybe sniff around to see what could go wrong: https://www.reuters.com/article/us-credit-suisse-lawsuit-volatility/credit-suisse-defeats-lawsuits-over-huge-u-s-volatility-crash-idUSKBN1WA2FN To this point, I've done...
by schooner
Fri Jan 24, 2020 2:02 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5751
Views: 518972

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

Hedgefundie isn't adventuring alone these days. His quixotic journey is timeless: "investors in XIV -- a leveraged exchange-traded note that bet against stock fluctuations -- discovered in 2018. The VelocityShares Daily Inverse VIX Short-Term ETN was so popular with amateur traders it even had its ...
by schooner
Fri Jan 24, 2020 1:00 am
Forum: Personal Investments
Topic: Increasing Contribution to 401k: go with Traditional or Roth
Replies: 47
Views: 2502

Re: Increasing Contribution to 401k: go with Traditional or Roth

Two considerations: 1) Is there a chance you will move to a state with income tax during retirement? 2) Do you think you'll save up so much money that your Required Minimum Distribution (RMD) will place you in a much higher bracket. For instance, if you had $1 million in a traditional account, your ...
by schooner
Fri Jan 24, 2020 12:37 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5751
Views: 518972

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

Hedgefundie isn't adventuring alone these days. His quixotic journey is timeless: "investors in XIV -- a leveraged exchange-traded note that bet against stock fluctuations -- discovered in 2018. The VelocityShares Daily Inverse VIX Short-Term ETN was so popular with amateur traders it even had its o...