Search found 37 matches

by Dr. Long
Thu Oct 01, 2020 7:46 am
Forum: Investing - Theory, News & General
Topic: Riding HEDGEFUNDIE’s excellent adventure
Replies: 64
Views: 13935

Re: Riding HEDGEFUNDIE’s excellent adventure

Today is rebalance day for me too.

Start date: 7/3/2019

Approach: Fixed allocation - 60/40 UPRO/TMF

Rebalancing frequency: Quarterly

Return (total / YTD): 86.8% / ?

Initial contribution: $5,000

Additional contributions: $0

Portfolio location: Roth IRA, M1Finance
by Dr. Long
Thu Oct 01, 2020 7:43 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7942
Views: 776920

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

Rebal day! 60/40 OG TMF/UPRO blend quarterly rebals:

07/19 5k
10/19 5.4k
01/20 5.6k
04/20 6.6k
07/20 8.5k
10/20 9.3k

Chart: https://ibb.co/H4fqDTf
by Dr. Long
Thu Aug 20, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Should I become a Professional Gambler?
Replies: 84
Views: 8541

Re: Should I become a Professional Gambler?

The higher the stakes, the better the players. The guys you are grinding against now as a side hustle won't be the same guys you are grinding against at a professional level. That's if you're playing poker. If you're counting cards, you can't make a living at it these days. It's not like it used to ...
by Dr. Long
Thu Aug 06, 2020 12:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7942
Views: 776920

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

Just hit 100% return today:

https://ibb.co/4MLYx68

OG 60/40 TMF/UPRO blend, quarterly rebals, began July of last year
by Dr. Long
Tue Jul 14, 2020 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tesla Model 3/Tesla financial performance
Replies: 58
Views: 3870

Re: Tesla Model 3/Tesla financial performance

What's a tad ironic is Bogleheads either already or will soon be forced to own the stock they so heavily disdain, and they may not even realize it... If Tesla posts a 4th consecutive profitable quarter (ER 7/22) they will most likely be included in the S&P 500. Currently 26 Vanguard products (in...
by Dr. Long
Sun Jul 12, 2020 10:52 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7942
Views: 776920

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

Micronite wrote: Sun Jul 12, 2020 2:04 am Is it a good idea to use the Excellent Adventure outside of a tax-advantaged account?
No
by Dr. Long
Wed Jul 01, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7942
Views: 776920

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

Rebal day!

07/19 5k
10/19 5.4k
01/20 5.6k
04/20 6.6k
07/20 8.5k

Chart: https://imgur.com/a/xKt2FJ0

70% return for 1st year - not too shabby!
by Dr. Long
Sat Jun 13, 2020 8:41 pm
Forum: Investing - Theory, News & General
Topic: Hertz (bankrupt) may issue new stock
Replies: 80
Views: 7451

Re: Hertz (bankrupt) may issue new stock

The IV for Hertz puts is (expectedly) crazy high - almost 500% for mid July ITM
by Dr. Long
Fri Jun 12, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: Crypto Exchange goes bankrupt after owner dies with only password
Replies: 111
Views: 15910

Re: Crypto Exchange goes bankrupt after owner dies with only password

Fascinating story. I wonder if they will end up exhuming his body at some point.
by Dr. Long
Sat May 23, 2020 4:47 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 124
Views: 11077

Re: Personal spending out of control after Covid-19

I'm buying a few things for myself, and my diet is straying a bit (but not yet going to the "Covid-15"). But I've been giving money. I've given away all the stimulus money (my income level hasn't changed). Some more to other charities. Bought sandwiches in the grocery store for the man an...
by Dr. Long
Fri Apr 03, 2020 10:49 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 38944

Re: Lets predict the bottom of this dip/recession

wkimdds wrote: Fri Apr 03, 2020 7:58 pm Lets predict the bottom of this dip/recession
Let's not
by Dr. Long
Tue Mar 17, 2020 12:28 am
Forum: Investing - Theory, News & General
Topic: Selling Puts
Replies: 22
Views: 1789

Re: Selling Puts

DonIce wrote: Tue Mar 17, 2020 12:15 am Don't use VTI, option bid-ask spreads are horrible on VTI and much more acceptable on SPY. If you want to use this kind of strategy, use options on SPY.
+1

Theta is insane atm
by Dr. Long
Sat Aug 10, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: New independent contractor
Replies: 4
Views: 713

Re: New independent contractor

Pete3 wrote: Thu Aug 08, 2019 8:18 pm You didn't mention your expected annual gross but in general a solo 401k will allow you to contribute a higher amount than a SEP-IRA.

Fidelity offers a solo 401k with zero setup or maintenance costs, I highly recommend it.
+1 very few people are aware solo 401k's even exist
by Dr. Long
Thu Jul 25, 2019 5:04 pm
Forum: Investing - Theory, News & General
Topic: Opening a Robinhood account for fun - Is it worth it?
Replies: 25
Views: 4879

Re: Opening a Robinhood account for fun - Is it worth it?

The UI of Robinhood is very childish, and they're just not that great a broker. You do get a free stock for joining, and options trading is free and they'll approve you for advanced spread trading without the bat of an eye. This is kind of funny to me, as I can picture some 12 year old in Southern C...
by Dr. Long
Fri Jul 19, 2019 11:49 am
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 59
Views: 8320

Re: Bitcoin Talk

It is my theory that Bitcoin was created by a rogue AI that killed its human creator, adopted an anagram of his surname ("Satoshi") and is now currently in the early stage of introducing and influencing it - with an intermediate goal of controling 51+% of the world's financial markets, and...
by Dr. Long
Thu Jul 11, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 512100

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

I really like M1. I currently have 20% of my total portfolio with them - and a quarter of that (5%) devoted to this delightful strategy (experiment?)!
by Dr. Long
Tue Jul 09, 2019 8:35 am
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

FA fired, account liquidated. Thanks for the help / suggestions everyone
by Dr. Long
Mon Jul 08, 2019 9:21 pm
Forum: Personal Investments
Topic: Guidance for Newbie
Replies: 10
Views: 666

Re: Guidance for Newbie

Why so much $TSLA?
by Dr. Long
Mon Jul 08, 2019 12:08 pm
Forum: Personal Investments
Topic: Anyone itching to dabble in crypto?
Replies: 46
Views: 4092

Re: Anyone itching to dabble in crypto?

Before investing in crypto I highly suggest watching this:

https://youtu.be/KTf5j9LDObk
by Dr. Long
Mon Jul 08, 2019 10:49 am
Forum: Personal Investments
Topic: My asset allocation for an agressive 29 yo - any thoughts?
Replies: 19
Views: 2045

Re: My asset allocation for an agressive 29 yo - any thoughts?

Some great responses here. Agree on ditching the REITS and TIPS then just simplify the rest down to a 3 (or less) fund. IMO from what you said I'd just go 100% VTI, but others here will tell you to add international exposure, and possibly 10% bonds. That is really your personal choice. https://perso...
by Dr. Long
Sat Jul 06, 2019 5:55 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

Are any of the managed investments in a tax deferred account? No the portion my FA manages is not tax-deferred (I manage the tax-deferred/exempt portion already). Last month he sold all positions (some @ ST gains tax) and changed everything, nothing I want in my LT port (too complicated/fees). Gain...
by Dr. Long
Sat Jul 06, 2019 1:27 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

+1 on VPAS. Care to explain how you gamble vast sums AP? Yes, I play blackjack, differently than most people do (you can take this statement as I am an advantage player, I am a counter, just lucky, or something entirely else completely - I care not to elaborate simply so the forum doesn't deter fro...
by Dr. Long
Sat Jul 06, 2019 12:06 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

I wanted to thank everybody for their valued opinions. After much deliberation I have decided to fire my FA and manage those funds myself. Do you think it is better to have him liquidate my positions at market open this Monday? Looks like it would be a good time to sell as a whole (85% equities) - o...
by Dr. Long
Wed Jul 03, 2019 3:41 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

That sounds like a scheduling issue, not a PAS issue. While you are mulling, play with this tool and use your numbers. See what your "only 1.15% fee" will do over 30-40 years. :shock: https://www.dinkytown.net/java/compare-investment-fees.html Even if you retire early, your nest egg has t...
by Dr. Long
Wed Jul 03, 2019 3:29 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

Had an appointment to speak with an advisor today - no call, no message - called Vanguard, after over 20 mins of mostly holding, they said they couldn't find the advisor and the next time open in his schedule is over 2 weeks out - doesn't seem like they're that interested in obtaining new customers ...
by Dr. Long
Wed Jul 03, 2019 2:43 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

Just a little update - Vanguard PAS didn't work out - will keep reviewing options
by Dr. Long
Thu Jun 27, 2019 9:00 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

123 wrote: Thu Jun 27, 2019 8:42 pm Do you do your own taxes? I do most of the preparation, then submit to a CFA to file.

I assumed that you executed the transactions you identified in a taxable account - both (taxable & Roth)
by Dr. Long
Thu Jun 27, 2019 6:24 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Re: Do I need a financial advisor to protect myself from myself?

You are an excellent candidate for Vanguard VPAS services. Costs nothing to look into it. Nothing at all to talk to a Vanguard advisor. Try it. You might like it. On the surface this looks like a good low-cost alternative to what I am currently doing. Will perhaps give them a call tomorrow, thank y...
by Dr. Long
Thu Jun 27, 2019 5:11 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5146

Do I need a financial advisor to protect myself from myself?

Hello everyone. I know that mathematically it makes sense for me to fire my financial advisor. I know how to fire my financial advisor. But I continue to pay 1.15% to have him manage half of all my net worth. Why? Because I am aware that I have behavioral issues and problems with compulsions. I know...
by Dr. Long
Wed Jun 26, 2019 1:31 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 512100

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

Finally got around to reading the sections of this thread I skimmed, quite an informative 45 pages :) learned a good bit about backtesting data sets and also how LTTs interplay with the market. One thing I didnt notice - and forgive me if it seems trivial - but are those of you following OPs method ...
by Dr. Long
Sun Jun 23, 2019 10:32 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 512100

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

Thank you all for the input on balancing. I have been lurking through this thread for about a week, I am considering joining this strategy (experiment?) with a 25 year horizon, balancing quarterly, fully prepared to loose most or all, using an M1 Roth IRA. I just have a few more pieces of data to mu...
by Dr. Long
Sun Jun 23, 2019 2:30 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 512100

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

New user, thank you very much to OP and company for this thread. I didn't see this question asked (forgive me if it has been): Will you confine yourself to quarterly rebalances no matter what happens? Lets say alien black swan muppets instigate a crash and over a series of days (or weeks) your UPRO ...