Search found 725 matches

by Meaty
Tue May 05, 2020 10:07 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

I tried reading the first few posts of the original thread and skimming this sequel, but 92 pages is a lot (and that's just Part II!). Can someone TL;DR this for me? Seems like UPRO has imploded. TMF has done pretty well during the implosion. Why so much interest in this strategy though?! Why so mu...
by Meaty
Sat May 02, 2020 5:54 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

I tried reading the first few posts of the original thread and skimming this sequel, but 92 pages is a lot (and that's just Part II!). Can someone TL;DR this for me? Seems like UPRO has imploded. TMF has done pretty well during the implosion. Why so much interest in this strategy though?! Why so mu...
by Meaty
Sun Apr 19, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

The bond bull seems like it juiced returns but the strategy still holds as long as we don’t get rapidly rising rates, right? It seems as long as UPRO/S&P trends upward over time and TMF/treasuries remain the asset of choice when their is a flight to safety we should be good to go. Assuming zero (no...
by Meaty
Sun Apr 19, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

.... annnnnd back to an all-time high for me on this, +76% for standard 50% UPRO /50% TMF w/ quarterly rebalancing, Feb 2018 start date. No tinkering, no timing...just vanilla. The Schwab "Risk vs. Reward" chart is comical. Yeah, you and I have been close to the same. I'm also 50/50 now, but was st...
by Meaty
Wed Apr 15, 2020 11:53 am
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3057

Re: How long for executive to get up to speed?

Thanks all for the great advice. I’m reviewing my 90 day plan tomorrow with my boss. Have been asking a ton of questions and have 2 meaningful quick wins identified (and starting to pursue).
by Meaty
Tue Apr 14, 2020 7:16 am
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3057

Re: How long for executive to get up to speed?

I’d think about something like assessment & discovery in days 0-30, plan formulation and gathering feedback on the plan days 30-60, then hit short term goals/low hanging fruit/stupid problem fixing both along the way and days 60-90. Also, keep people informed of the process and the results and be w...
by Meaty
Tue Apr 14, 2020 5:17 am
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3057

Re: How long for executive to get up to speed?

Congrats on the new role. I’d say 3-4 months max, but it depends on what type of role you have and indeed the culture of the organization. First 90 Days is a good read. Before you took the job, they didn’t ask you to sketch out any observations or suggested changes etc? In numerous interview situat...
by Meaty
Tue Apr 14, 2020 5:15 am
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3057

Re: How long for executive to get up to speed?

I took the leap and recently started a C suite job at a new company. While they’ve been great, I’m definitely feeling overwhelmed. Mostly, I’m trying to get up to speed with the various efforts they want me aligned to, learning the culture, meeting the team and other key contacts, trying to figure ...
by Meaty
Mon Apr 13, 2020 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 12935

Re: Executive pay cut request: How to respond?

It might vary by industry but I unless they were paid hourly few people I have known consistently worked just 40 hours a week. I tend to organize my schedule so that I don't need to work many hours: clear goals for my teams, clear evaluation metrics, technical guidance, pushing back on management w...
by Meaty
Mon Apr 13, 2020 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3057

Re: How long for executive to get up to speed?

edge wrote:
Mon Apr 13, 2020 8:11 pm
2-3 months before you need to start making changes/impact.
That’s reassuring. I’m a little over a week in and feel like I should be further ahead. I hate feeling like I’m not sure what the right choice is.
by Meaty
Mon Apr 13, 2020 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3057

Re: How long for executive to get up to speed?

Have you created a plan for your first 90 days? What you need to do, plan to do, what things you must get done... what are the important metrics you own? Do you understand what your unit does? key players/partners? And reviewed that with your boss? That should help you define what it takes to get u...
by Meaty
Mon Apr 13, 2020 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: How long for executive to get up to speed?
Replies: 28
Views: 3057

How long for executive to get up to speed?

I took the leap and recently started a C suite job at a new company. While they’ve been great, I’m definitely feeling overwhelmed. Mostly, I’m trying to get up to speed with the various efforts they want me aligned to, learning the culture, meeting the team and other key contacts, trying to figure o...
by Meaty
Wed Apr 08, 2020 5:27 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

I like how we're down 30% from market top and about to enter a recession, but the topic at hand is what to do when we've made 100x gains :) I think it demonstrates the people in this portfolio understand the risk, understand it’s a long term play, and are encouraged by the fact that even during a b...
by Meaty
Thu Apr 02, 2020 2:55 pm
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 9632

Re: Does anyone else just not care/worry?

I’m 43 and 100 percent in stock. Not losing any sleep at all with respect to my personal financial situation. +1. A little younger but am not only 100% stock but am also running the excellent adventure with 5% of assets I believe the adventure is down far less than the broad market so perhaps that ...
by Meaty
Thu Apr 02, 2020 8:35 am
Forum: Personal Investments
Topic: Does anyone else just not care/worry?
Replies: 139
Views: 9632

Re: Does anyone else just not care/worry?

Firemenot wrote:
Wed Apr 01, 2020 9:10 pm
I’m 43 and 100 percent in stock. Not losing any sleep at all with respect to my personal financial situation.
+1. A little younger but am not only 100% stock but am also running the excellent adventure with 5% of assets
by Meaty
Tue Mar 31, 2020 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: how much cash do you keep at home?
Replies: 130
Views: 8599

Re: how much cash do you keep at home?

One of our largest Achilles heels is our power grid. Thought experiment - the power goes out regionally or maybe over a larger area. For weeks perhaps. Perhaps longer. The lack of power takes out internet access, phone lines, power to credit card machines. What part of your assets will you be able ...
by Meaty
Tue Mar 31, 2020 1:22 pm
Forum: Personal Investments
Topic: Excess 401k contribution and after tax 401k
Replies: 8
Views: 378

Re: Excess 401k contribution and after tax 401k

Congrats on the new job, it seems to have a great retirement plan! To confirm: Original 401k recieved $4k of employee + employer contributions? If you contribute 8% of salary for the rest of the year at Employer 2, is that more or less than $15.5K? Your new employer match, which equals a massive $3...
by Meaty
Tue Mar 31, 2020 11:16 am
Forum: Personal Investments
Topic: Excess 401k contribution and after tax 401k
Replies: 8
Views: 378

Re: Excess 401k contribution and after tax 401k

I’m also looking at the match, and they have 2 separate ones that will equal $35,000. If you add my contribution at 19k that puts me nearly to the 57k max so I’m not sure there’s much after tax space to use
by Meaty
Tue Mar 31, 2020 11:02 am
Forum: Personal Investments
Topic: Excess 401k contribution and after tax 401k
Replies: 8
Views: 378

Re: Excess 401k contribution and after tax 401k

How much was contributed to the old 401k? Are you over age 50? What percentage is required to get the full match at the new employer? When you say “max out” do you mean the $19k or the $57k limit? There is a lot more information needed if you want actionable recommendations, but you cannot exceed t...
by Meaty
Tue Mar 31, 2020 10:22 am
Forum: Personal Investments
Topic: Excess 401k contribution and after tax 401k
Replies: 8
Views: 378

Excess 401k contribution and after tax 401k

I’ve joined a new employer who has a better match than my previous organization. If I max out my 401k at the new employer, even though I already contributed to my prior employer plan, how do I rectify that at year end? Also, my new employer offers an after tax 401k option. What considerations should...
by Meaty
Tue Mar 31, 2020 8:35 am
Forum: Investing - Theory, News & General
Topic: Mortgage - Keep balance as High as Possible
Replies: 162
Views: 11493

Re: Mortgage - Keep balance as High as Possible

Brianmcg321 wrote:
Sat Mar 28, 2020 6:21 pm
Lol. This is ridiculous.

So you'll never pay off your house?

You should ask people that paid off their house how great that is.
+1.
by Meaty
Tue Mar 31, 2020 7:12 am
Forum: Investing - Theory, News & General
Topic: Why is the market up today?
Replies: 25
Views: 2265

Re: Why is the market up today?

I can’t figure it out. An extra month of social distancing guidelines, the FED predicting 30+% unemployment, cases still increasing, etc and the equity market is up. Was all of this horrendous news really baked in? No. You don't need to figure it out if you follow Boglehead investing principle. It'...
by Meaty
Mon Mar 30, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: Why is the market up today?
Replies: 25
Views: 2265

Why is the market up today?

I can’t figure it out. An extra month of social distancing guidelines, the FED predicting 30+% unemployment, cases still increasing, etc and the equity market is up.

Was all of this horrendous news really baked in?
by Meaty
Thu Mar 26, 2020 6:34 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

Agree with the above. Hard to think all is well with 3M new UE claims and virus cases still rising. I’ve enjoyed the pop in UPRO though
by Meaty
Thu Mar 26, 2020 5:32 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

Does anyone think the bottom is actually in? I’m guessing we’re in for a ride until an inflection point in cases.
by Meaty
Tue Mar 24, 2020 9:02 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

Just learned about this strategy and message and it seemed to be going great until coronavirus which nobody could have predicted. I'm curious whether the adherents here think there's anything that can/should be tweaked moving forward. I plan on putting $100k into this strategy once things settle do...
by Meaty
Thu Mar 19, 2020 8:59 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

More leveraged ETF's are close to liquidating in the mREIT space: https://catalyst-insights.com/the-virus-infecting-mlps/ mREITs were an absolute blood bath today, some down almost 50%. The news is it was due to forced liquidations by a run on the leveraged ETF's above. It makes sense now the huge ...
by Meaty
Wed Mar 18, 2020 8:12 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

i have been following this thread but didnt get involved, any of you guys positive here, does this perform better than vti? is it worth throwing couple bucks into this idea? I entered in august and am down overall but less than the S&P (my benchmark for this adventure). I plan to ride it out. I had...
by Meaty
Wed Mar 11, 2020 6:06 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

HEDGEFUNDIE wrote:
Wed Mar 11, 2020 4:36 pm
Everybody needs to chill out.

If you started this Adventure one month ago, you'd be down 15%. If you were in the S&P 500 you'd be down 19%.
+10000
by Meaty
Tue Mar 10, 2020 1:25 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

I've been trying to figure out the mechanics of how to rebalance effectively constrained to M1 morning trades. I think I see that the market tends to over-react during the morning window during periods of volatility. For example, TMF was up 26% around the time of the window on Monday and it ended a...
by Meaty
Wed Oct 30, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: 529 - over saving?
Replies: 25
Views: 1456

Re: 529 - over saving?

As usual this is phenomenal feedback. It sounds like the prevailing wisdom is to shoot for 4 years expenses and then hold conservatively. Given UT Austin is about $25k/year in state (including room/board) I have a bit more to save.

I continue to be open to more thoughts and approaches to this item
by Meaty
Wed Oct 30, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: 529 - over saving?
Replies: 25
Views: 1456

529 - over saving?

Thanks in advance for the thoughts and wisdom. I have a 9 year old son and I plan to pay 100% of the college bill (tuition, room/board, books, food) at a 4 year in state school. I currently have $75,000 saved and contribute $200/month Am I over saving for college. The various calculators I find onli...
by Meaty
Wed Oct 23, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

MetaPhysician wrote:
Wed Oct 23, 2019 12:58 am
Serious question...would anyone be interested in reading a guide with all the Excellent Adventure information in one place so you wouldn't have read through 75+ pages of the thread?
Absolutely
by Meaty
Thu Aug 29, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Florida Home Insurance Offsets Tax Advantage?
Replies: 28
Views: 2352

Re: Florida Home Insurance Offsets Tax Advantage?

BGeste wrote:
Wed Aug 28, 2019 11:01 pm
How much does it cost annually to insure a 5000 square foot house in the following Florida cities? Naples, Sarasota, Boca Raton, Parkland.

It must be very high because of Hurricane exposure. Therefore does it offset the tax advantages the state provides?
I’d call an insurance agent in Florida
by Meaty
Mon Aug 19, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone retire in their 30s?
Replies: 108
Views: 14978

Re: Anyone retire in their 30s?

This place is extremely conservative it seems, financially. But I was curious if anyone had just called it quits from the corporate grind much younger than normal? In my 20s, I was very motivated and engaged to learn as much as I could at my career. Now, moving into management the environment has b...
by Meaty
Mon Aug 12, 2019 7:31 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4989
Views: 433274

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

asset allocation changed because risk parity now actually has little to do with the goal of this nice plan? (thanks so much for the work I have implemented a variant in a small allocation) Changing AA which increases the probable loss in a bear market, as this does, seems to be the opposite of risk...
by Meaty
Mon Aug 05, 2019 5:27 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386498

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

I've been mulling this for a while now and decided to jump in with about 15% of my portfolio. Just kicked off a transfer to a Roth IRA at M1. Welcome onboard! Which strategy are you implementing? I’m in too once my Roth gets transferred to M1. Only about 10% of my portfolio though. Quarterly rebala...
by Meaty
Wed Jul 31, 2019 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: When one of them die, does the mortgage become due for total pay-off of loan ???
Replies: 3
Views: 648

Re: When one of them die, does the mortgage become due for total pay-off of loan ???

Suppose a house is owned JTWROS between man and wife. When one of them die, does the mortgage become due for total pay-off of loan ??? Title is irrelevant to your question. Gram-St Germain Act of 1982 and Dod frank (2010) both require banks to allow spouses, regardless of ability to pay, to assume ...
by Meaty
Wed Jul 31, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4089

Re: Sell paid off house, invest proceeds and rent

Did you pay off this mortgage or inherit the home? Since you are 35, that is pretty young to have a paid off mortgage. If you'd rather have most of the money in the stock market rather than in the home, why did you pay it off so fast? You could always remortgage it, but I am not recommending that. ...
by Meaty
Wed Jul 31, 2019 7:56 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386498

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

For newcomers to this thread, welcome! This adventure has already taken numerous twists and turns. If you’d like to catch up with the latest developments, I’d recommend you read this post, then skip directly to post #1068 where I posted the 1955-2018 backtest. Inspired by market timer's famous thre...
by Meaty
Thu Jul 25, 2019 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4089

Re: Sell paid off house, invest proceeds and rent

The subject line says it all. I have a paid off house values around $400k. I could rent something a little nicer for $2500/month. From a purely financial perspective, wouldn’t I be better off to sell the house, invest the proceeds, and rent? Here’s my thinking Year 1 rent = 30k Current home taxes/m...
by Meaty
Thu Jul 25, 2019 5:26 am
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4089

Re: Sell paid off house, invest proceeds and rent

BolderBoy wrote:
Wed Jul 24, 2019 10:07 pm
Meaty wrote:
Tue Jul 23, 2019 1:17 pm
Assuming just 6% on my $400k lump sum investment, I’d be up about $5,000 in year 1.
You are assuming a 100% equity investment of your $400k, right?

How old are you?
Yes, 100% stock. 35
by Meaty
Tue Jul 23, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4089

Re: Sell paid off house, invest proceeds and rent

The subject line says it all. I have a paid off house values around $400k. I could rent something a little nicer for $2500/month. From a purely financial perspective, wouldn’t I be better off to sell the house, invest the proceeds, and rent? Here’s my thinking Year 1 rent = 30k Current home taxes/m...
by Meaty
Tue Jul 23, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4089

Re: Sell paid off house, invest proceeds and rent

The subject line says it all. I have a paid off house values around $400k. I could rent something a little nicer for $2500/month. From a purely financial perspective, wouldn’t I be better off to sell the house, invest the proceeds, and rent? Here’s my thinking Year 1 rent = 30k Current home taxes/m...
by Meaty
Tue Jul 23, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4089

Re: Sell paid off house, invest proceeds and rent

Assuming 6% return? lol...I wouldnt assume anything, especially not 6% return every single year. I know a lot of people don’t think returns will be near the historical norm over the next 10 years, but it seems overly pessimistic to me. I choose to use the last 100 years as a fair baseline for my as...
by Meaty
Tue Jul 23, 2019 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Sell paid off house, invest proceeds and rent
Replies: 47
Views: 4089

Sell paid off house, invest proceeds and rent

The subject line says it all. I have a paid off house values around $400k. I could rent something a little nicer for $2500/month. From a purely financial perspective, wouldn’t I be better off to sell the house, invest the proceeds, and rent? Here’s my thinking Year 1 rent = 30k Current home taxes/ma...
by Meaty
Wed Jul 10, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 141
Views: 16398

Re: Staying the course is so hard (support thread)

Hi all - I'm trying my best to stay the course. I'm 38, I'd love to retire in 13 years. I say 13 years because my mortgage (15 year bi-weekly payments) finishes then, and thats the same time my kid turns 18, so no more child support, and she'll have a healthy 529 by then. I'm trying to stay the cou...
by Meaty
Tue Jun 25, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6950

Re: Lease vs Buying a Car

cloneman33 wrote:
Tue Jun 25, 2019 10:15 am
I have always bought my vehicles. Looking for folks opinions on buying vs leasing vehicles? Also, are there used vehicle leases or just new? Is the instant decline of value of a new car priced into a new car lease price? Thanks for any help!
Leasing a car is the most expensive way to drive.