Search found 991 matches

by MoneyMarathon
Thu May 07, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

rascott wrote:
Thu May 07, 2020 1:37 am
HEDGEFUNDIE wrote:
Wed May 06, 2020 1:20 pm
Public service announcement: PSLDX not available for purchase at Merrill Edge.
The list that it is available is much shorter than the contrary.

Ally $10 fee
Vanguard $25k min

Where else?
Schwab has it.
by MoneyMarathon
Wed May 06, 2020 11:19 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

So, even if LTT begin to trend downward, they should still be a flight to safety and move upward in a falling market somewhat similar to VXX/VIXY. So why not just stick with LTT Because the assumption that long term treasuries will always do well during a bear market for stocks is not only wrong, i...
by MoneyMarathon
Wed May 06, 2020 9:38 pm
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 807
Views: 51560

Re: First 20% of bonds in long-term Treasuries

On the other hand, if you buy EE bonds and rates go up, you can avoid the potentially huge NAV lost entirely. Just sayin' ... The EE’s NAV would crash, you just don’t see it. Not a bad point. But the EE can always be redeemed early for face value, an unusual protection. So the NAV is always the gre...
by MoneyMarathon
Wed May 06, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

I don't think your explanation disproves LTT always doing well during a bear market. LTT could reasonably always do well during a bear market provided the FED actually bothers to raise rates when its not a bear market. LTT will be crushed as rates go back up but then would surge when the bear marke...
by MoneyMarathon
Wed May 06, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

So, even if LTT begin to trend downward, they should still be a flight to safety and move upward in a falling market somewhat similar to VXX/VIXY. So why not just stick with LTT Because the assumption that long term treasuries will always do well during a bear market for stocks is not only wrong, i...
by MoneyMarathon
Sun Apr 26, 2020 10:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

I don't see the point to add VIIX. In your charts, the portfolio without VIIX has the highest return. I'm starting to think that all people care about is the CAGR on historical charts. :shock: 10-year historical charts are kinda worthless as a guide to expected returns. If you know the future retur...
by MoneyMarathon
Sat Apr 25, 2020 10:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

kdsjaf wrote:
Sat Apr 25, 2020 8:59 pm
Wouldn’t a pessimist just do SPXU/TMV?
That would be a wildly optimistic bear.
by MoneyMarathon
Sat Apr 25, 2020 7:36 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

HEDGEFUNDIE wrote:
Sat Apr 25, 2020 7:28 pm
MoneyMarathon wrote:
Sat Apr 25, 2020 7:22 pm
jadela wrote:
Sat Apr 25, 2020 11:43 am
Is there a type of account that a bet like this be best held in? i.e. IRA, Roth, brokerage...?
Roth if you're an optimist, taxable if you're a pessimist.

There's no tax deduction for losses in an IRA.
A pessimist shouldn’t be in this in the first place
Even a pessimist needs to hedge.
by MoneyMarathon
Sat Apr 25, 2020 7:22 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

jadela wrote:
Sat Apr 25, 2020 11:43 am
Is there a type of account that a bet like this be best held in? i.e. IRA, Roth, brokerage...?
Roth if you're an optimist, taxable if you're a pessimist.

There's no tax deduction for losses in an IRA.
by MoneyMarathon
Sat Apr 25, 2020 5:02 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

Long volatility is a different hedge, diversification is good. There's an all eggs in one basket problem with using just TMF to hedge. I get confused by the wording.... By "Long volatility" you mean in the sense of "being long on Apple"... not "long-term volatility", right? As VIIX etc react upon s...
by MoneyMarathon
Sat Apr 25, 2020 4:59 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

What about just UPRO and VIIX (like 70/30)? We are are staying true to principal (i.e. TMF is there to offset UPRO crashes, not just juice bond bull market returns) then I would think something like this is more "pure". Sure, something like 80% UPRO / 20% long volatility could make sense. https://w...
by MoneyMarathon
Sat Apr 25, 2020 3:50 am
Forum: Personal Investments
Topic: AAPL MSFT GOOG AMZN ???
Replies: 85
Views: 6470

Re: AAPL MSFT GOOG AMZN ???

I plan to retire in one year, and have the following savings invested: $1/2 Mil distributed as... ~$200,000 AMZN ~$100,000 AAPL ~$100,000 MSFT ~$100,000 GOOG I plan to let it ride through the current down market. How might you reallocate these balances to maximize return? This could be better diver...
by MoneyMarathon
Fri Apr 24, 2020 5:23 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

A 10% position in something like VIIX loses money slowly and consistently in steady bull markets for stocks , so you're good on the other side because your stock position should be up overall in a low volatility upwards trending market. This may well be a naive question, but I was reading VIIX has ...
by MoneyMarathon
Fri Apr 24, 2020 5:07 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

I don't see the point to add VIIX. In your charts, the portfolio without VIIX has the highest return. I'm starting to think that all people care about is the CAGR on historical charts. :shock: 10-year historical charts are kinda worthless as a guide to expected returns. If you know the future retur...
by MoneyMarathon
Thu Apr 23, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

Forester wrote:
Thu Apr 23, 2020 12:25 pm
So what's the catch there must be one.
"More gains" with UPRO/TMF if yields mostly go down forever. Long volatility is a hedge and has negative expected return on its own.
by MoneyMarathon
Thu Apr 23, 2020 1:10 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

I've been looking at TQQQ and was just not seeing the increased drawdowns that MoneyMarathon was pointing out a few posts above. You need to include the most recent tech crash, at least, to see them... there have been a couple tech crashes (in the 1980s and in the early 2000s), there can be another...
by MoneyMarathon
Thu Apr 23, 2020 4:45 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

I always follow your posts with interest.... and this is no exception. I have no experience with ETNs vs ETFs. Are there any significant negatives with ETNs per se? There is counterparty risk. The bank has to be able to pay you, when you sell. The bank doesn't have to buy and sell futures, so the b...
by MoneyMarathon
Thu Apr 23, 2020 1:16 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

Wow, this is really interesting. You can historically get higher Sortino, high returns, and lower dependence on long term treasuries if you add in a dash of a long volatility ETF. We've been missing it, I think, since the VIIX was started in 2010. https://www.portfoliovisualizer.com/backtest-portfol...
by MoneyMarathon
Sun Apr 19, 2020 10:02 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

With the current reduction in interest rates, is the OG 55/45 strategy still viable for the long-term? Possibly. How so? I mean is TMF expected to continue playing its intended role in the strategy, going forward? These was some discussion around TMF needing a falling interest rate environment to d...
by MoneyMarathon
Tue Apr 14, 2020 6:28 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

get_g0ing wrote:
Tue Apr 14, 2020 8:53 am
With the current reduction in interest rates, is the OG 55/45 strategy still viable for the long-term?
Possibly.
get_g0ing wrote:
Tue Apr 14, 2020 8:53 am
If so, can you please summarize why so?
It's a bet that can fail. Limit your exposure to what you can lose.
by MoneyMarathon
Mon Apr 13, 2020 1:37 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

If you were starting it today, would you still go with 55/45 UPRO/TMF? Would you even start it now at all? Long term bonds and stocks have returned to a more typical anti-correlation, now that the Fed is providing liquidity. But who knows how long it will last? People here are talking about very lo...
by MoneyMarathon
Mon Apr 06, 2020 5:37 pm
Forum: Personal Investments
Topic: Thinking About Adding some UPRO/TMF to Taxable Portfolio?
Replies: 16
Views: 1229

Re: Thinking About Adding some UPRO/TMF to Taxable Portfolio?

What if I did this with VTI? What would the chances of a margin call on VTI be? You could do it with VTI. About the same. Ah I see. I may start small and I see what happens. I wonder if adding a bond etf to my portfolio will help prevent a margin call. Maybe 90/10 with a tax efficient bond fund. Wo...
by MoneyMarathon
Mon Apr 06, 2020 2:44 pm
Forum: Personal Investments
Topic: Thinking About Adding some UPRO/TMF to Taxable Portfolio?
Replies: 16
Views: 1229

Re: Thinking About Adding some UPRO/TMF to Taxable Portfolio?

TMO86 wrote:
Sun Apr 05, 2020 11:54 am
What if I did this with VTI? What would the chances of a margin call on VTI be?
You could do it with VTI. About the same.
by MoneyMarathon
Sat Apr 04, 2020 10:13 pm
Forum: Personal Investments
Topic: Thinking About Adding some UPRO/TMF to Taxable Portfolio?
Replies: 16
Views: 1229

Re: Thinking About Adding some UPRO/TMF to Taxable Portfolio?

Here's an alternative idea for your M1 account: Take the 35% margin loan. Buy a long-term diversified fund (e.g. S&P 500). Keep adding to loan if <35% and buy more. Don't sell. Advantages: No volatility decay or daily leveraged instrument issues. No rebalance timing issues, worst case with not keep...
by MoneyMarathon
Sat Apr 04, 2020 9:45 pm
Forum: Personal Investments
Topic: Thinking About Adding some UPRO/TMF to Taxable Portfolio?
Replies: 16
Views: 1229

Re: Thinking About Adding some UPRO/TMF to Taxable Portfolio?

Here's an alternative idea for your M1 account: Take the 35% margin loan. Buy a long-term diversified fund (e.g. S&P 500). Keep adding to loan if <35% and buy more. Don't sell. Advantages: No volatility decay or daily leveraged instrument issues. No rebalance timing issues, worst case with not keepi...
by MoneyMarathon
Fri Apr 03, 2020 2:27 pm
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Re: Interactive Brokers - 1% Lending

I would reduce downside risk by only tapping 20-25% of available leverage vs. IB/Reg T allowance of 50% of securities value. This would produce the requirement of a 66% market pullback before a cash call would occur. If you're on Reg T at IB, you have maintenance margin of 50% end of day. The 66% p...
by MoneyMarathon
Fri Apr 03, 2020 2:05 pm
Forum: Personal Investments
Topic: Interactive Brokers - 1% Lending
Replies: 17
Views: 1186

Re: Interactive Brokers (IB) - 1% Asset Backed Lending (Margin)

NerdWallet's 0.25% discount is only on the first $100,000 of margin loan. I didn't see that anywhere, good information to have if true. Higher levels of margin are discounted for anyone with IB Pro: 1.55% (BM + 1.5%) 0 ≤ 100,000 1.05% (BM + 1%) 100,000 ≤ 1,000,000 0.75% (BM + 0.5%) > 1,000,000 http...
by MoneyMarathon
Fri Apr 03, 2020 9:07 am
Forum: Personal Investments
Topic: Short Term vs Long Term Portfolio
Replies: 3
Views: 356

Re: Short Term vs Long Term Portfolio

I am 100% VTSAX and I like that asset allocation but I have a real gut feeling that we will retest the lows of around 18,000 in the Dow and would it be smart to preserve capital during this time and move a good chunk of it into money market account to sit in Vanguard and as long as I can get back i...
by MoneyMarathon
Fri Apr 03, 2020 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Estimating unemployment benefits
Replies: 13
Views: 1175

Re: Estimating unemployment benefits

simplesimon wrote:
Fri Apr 03, 2020 7:28 am
It looks like you won't qualify for the state max amount, but may be getting more with the $600/week Federal add-on at least for four months of unemployment.
Tangent:

I'd suggest looking for a job now.

There will be a surge of applicants after everybody's gravy train runs dry.
by MoneyMarathon
Fri Apr 03, 2020 5:00 am
Forum: Investing - Theory, News & General
Topic: Ranking of safest options to park cash in *present* market times?
Replies: 15
Views: 1805

Re: Ranking of safest options to park cash in *present* market times?

are Municipal Money Market Funds like FTEXX at significantly more risk than treasury ones? Because they seem to provide significantly more yield. Treasury money market funds have "no" credit risk. Municipal bonds have a documented history of sometimes having losses on defaults. Diversification keep...
by MoneyMarathon
Thu Apr 02, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: To ESPP or to buy into the cheap stock market right now?
Replies: 6
Views: 427

Re: To ESPP or to buy into the cheap stock market right now?

My companies ESPP's program is they take the cheapest stock price on the 1st and last day of the quarter, add a 15% discount, done every quarter, and I can sell it right away at the end of the quarter. The maximum I can buy per year is 25k in stocks. Basically I have been doing this for the last 4 ...
by MoneyMarathon
Thu Apr 02, 2020 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Taking SBA Loan When Not Absolutely Needed - Moral Considerations
Replies: 18
Views: 1494

Re: Taking SBA Loan When Not Absolutely Needed - Moral Considerations

And business side of me just says that this is the best financing option available at the moment and I should take it should I qualify, as my business is certainly affected. You should take it. The funding may or may not be increased from here. From the government's perspective, they're most concer...
by MoneyMarathon
Wed Apr 01, 2020 11:07 pm
Forum: Investing - Theory, News & General
Topic: Coming Experiment
Replies: 34
Views: 3334

Re: Coming Experiment

Any ideas or anybody who's employed something similar? Easier said than done, but the experiment would be relatively cheap and quick if done against historical lists (without survivor bias). It might be sensitive to the start year and the cutoff for number of companies. For example, 1990 and n=10 c...
by MoneyMarathon
Wed Apr 01, 2020 8:26 pm
Forum: Personal Investments
Topic: Decrease Retirement to increase EF?
Replies: 22
Views: 1369

Re: Decrease Retirement to increase EF?

Thankfully I’m still working and my job is in healthcare so I expect to continue working though these tough times, but nothing is a guarantee. I’m married and we have young children. I’m the only person earning income for the family at this time, as has been the case for over the past year. Our cur...
by MoneyMarathon
Wed Apr 01, 2020 7:48 pm
Forum: Investing - Theory, News & General
Topic: Reversion to the Mean - April 2020 Edition
Replies: 21
Views: 1511

Re: Reversion to the Mean - April 2020 Edition

Change the start date and slope as needed, to fit conclusion.
by MoneyMarathon
Wed Apr 01, 2020 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: M1 Borrow - 2% margin loan
Replies: 28
Views: 1541

Re: M1 Borrow - 2% margin loan

Good note. I was looking at this and Interactive Brokers. IB has a similar $10 a month minimum fee. The biggest difference is very non-obvious, so it is worth pointing out here. Interactive Brokers will hit you hard with a 50% maintenance margin requirement if you have less than $125k of equity at a...
by MoneyMarathon
Wed Apr 01, 2020 3:28 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 186
Views: 15381

Re: Why not 100% PSLDX?

100 bucks minimum at ally (that said with a 10 dollar fee thats's a 10% effective load cost); The minimum buy-in (for me) would be driven less by actual limits and more by his high a load percentage (effective) I could stomach The most relevant number to me is $6,000 for a Roth IRA contribution. Th...
by MoneyMarathon
Wed Apr 01, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: Last drawdown info in PV Portfolio Visualizer
Replies: 22
Views: 1057

Re: Last drawdown info in PV Portfolio Visualizer

Nobody in 2010 was predicting that we'd be below 1.5% yield on the 30 year treasury bond. That might be the real story here. Everyone was expecting a bear market pullback in stocks, but it certainly took a little longer than a lot of people were thinking in 2010. People going into 100% stocks should...
by MoneyMarathon
Wed Apr 01, 2020 2:27 pm
Forum: Personal Investments
Topic: Why would anyone buy Intermediate Term Treasury Bonds right now?
Replies: 34
Views: 2880

Re: Why would anyone buy Intermediate Term Treasury Bonds right now?

$1 invested 1/1/2000 to 3/31/2020 in Vanguard int. term treasuries outperformed Vanguard total US stock market. I would not, however, be willing to bet that it will again over the next 20 years. You will lose the bet. Not likely. Essentially, you are claiming that there will be no crisis over the n...
by MoneyMarathon
Wed Apr 01, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 186
Views: 15381

Re: Why not 100% PSLDX?

I may possibly be incorrect but I vaguely remember reading some time back that DSENX closely tracked PSLDX with a lower ER and much lower minimum investment requirements. There's no close tracking. The CAGR was 15.15% for PSLDX and 8.35% for DSENX. Including expenses. https://www.portfoliovisualize...
by MoneyMarathon
Wed Apr 01, 2020 1:50 pm
Forum: Investing - Theory, News & General
Topic: Using LEAPs to build a conservative portfolio in taxable account with a large cash reserve (SWAN)
Replies: 17
Views: 1017

Re: Using LEAPs to build a conservative portfolio in taxable account with a large cash reserve (SWAN)

What are risks of such a portfolio? Tax efficiency. Shares can be held forever, so they don't have the tax drag of needing to sell and rebuy every couple years. There's no paying premium if someone buys shares. Negative theta is another drag. Long term underperformance is the biggest risk, due to t...
by MoneyMarathon
Wed Apr 01, 2020 1:01 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 186
Views: 15381

Re: Why not 100% PSLDX?

With a 1.11% expense ratio? Why not use the Balanced Index? Or a Life Strategy Fund? +1 I like the idea also, but I prefer the Balanced Index Admiral shares (Rock bottom cost, owns all the stocks and bonds in the U.S.). I don't feel the need for international, but if you do, you can also use a Life...
by MoneyMarathon
Wed Apr 01, 2020 1:00 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX?
Replies: 186
Views: 15381

Re: Why not 100% PSLDX?

Lee_WSP wrote:
Wed Apr 01, 2020 10:27 am
Vanguard seems to have added a $20 fee to purchase shares when investing $1,000. It may be a reason why not to go 100%
It's always been that way. Ally Invest has a $10 fee. I don't think there's any no-fee provider.
by MoneyMarathon
Tue Mar 31, 2020 6:58 pm
Forum: Personal Investments
Topic: First world problem , large monthly cash flow, what would you do?
Replies: 15
Views: 2206

Re: First world problem , large monthly cash flow, what would you do?

I do hope to buy a home some day , settle down , marry and have kids. But based on my situation right now , I am debating of just dumping all my 20k monthly cash flow into a taxable brokerage account. I already max out my 401k, back door Roth, and HSA. I probably would be saving more cash, but base...
by MoneyMarathon
Tue Mar 31, 2020 5:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Global Minimum Volatility
Replies: 24
Views: 1289

Re: Vanguard Global Minimum Volatility

Isn't so minimum :? It would appear to have dropped the same as the S&P index. Prior to the recent troubles it performed as advertised. My question is how will it handle the hopeful recovery phase. So far it is tracking back up in lockstep. Maybe not so much a bond alternative! I'll stay the course...
by MoneyMarathon
Tue Mar 31, 2020 5:27 pm
Forum: Investing - Theory, News & General
Topic: Hedge against SCV underperformance?
Replies: 51
Views: 2010

Re: Hedge against SCV underperformance?

The general argument for SCV is that it those funds tend to have greater risk and volatility, but the reward should also be greater over the long-run. However, there can be times when SCV seriously under performs the total stock market. The historical data cited shows basically just two periods of ...
by MoneyMarathon
Tue Mar 31, 2020 5:23 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422912

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

Can anyone explain in practical terms the consequences of deflation? I understand that theoretically deflation tends to curb investment and consumption (since you could buy the same thing for less $ in the future) but does anyone have historical examples? Source: https://en.wikipedia.org/wiki/Long_...
by MoneyMarathon
Tue Mar 31, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: "The lessons of Vanguard’s Jack Bogle have helped countless investors — but his picks could be improved"
Replies: 17
Views: 2027

Re: "The lessons of Vanguard’s Jack Bogle have helped countless investors — but his picks could be improved"

He understood completely. But he told me that, despite their favorable long-term returns, small-cap indexes were too risky for most investors. He was not referring to the statistical risk of loss, but to a psychological risk: That a portfolio that’s very different from widely followed indexes like ...
by MoneyMarathon
Tue Mar 31, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of thumb for understanding delivery drivers
Replies: 2
Views: 790

Rules of thumb for understanding delivery drivers

Pizza delivery drivers make about 4 deliveries per hour, working in a defined geographic area for a particular store, working without stop. App delivery drivers have longer routes, have an extra leg to pick up the items at the store from wherever they were when they got the order, spend more time at...
by MoneyMarathon
Tue Mar 31, 2020 3:40 am
Forum: Personal Consumer Issues
Topic: College Cost
Replies: 17
Views: 1331

Re: College Cost

If the parent can't afford to pay the $19K/year, what option does the student have If the parents can't afford to pay, then the #1 priority should be to appeal the financial aid decision. If the parents want to finance their expected contribution, a private loan generally requires a cosigner with i...