Search found 2174 matches

by caklim00
Sat May 23, 2020 3:02 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422674

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

Exactly. If you are making money why be afraid of taxes? If you boss gives you a raise do you say, sorry I don't want it because I pay more on taxes? Do the strategy using futures. Much more tax friendly. Is it really more tax friendly with futures? If you use micro e-minis aren’t you going to have...
by caklim00
Thu May 21, 2020 10:22 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

If you abandoned your tilt a month ago you have to be kicking yourself right now (1 month returns below)
AVUV +13.75%
SPY +6.33%
MTUM +6.03%

Time will tell if it continues like this or if LCG continues to outperform.
by caklim00
Wed May 20, 2020 3:35 pm
Forum: Investing - Theory, News & General
Topic: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?
Replies: 25
Views: 1257

Re: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?

Have you considered AVDV, small cap value int developed? It’s got a .36% expense ratio and keeps the value tilt. You could probably TLH with it. The drawback is it is new and there isn’t a lot of money in it. I personally hold VSS with VEA and VWO for my int in my taxable (tax advantaged accounts a...
by caklim00
Wed May 20, 2020 9:10 am
Forum: Investing - Theory, News & General
Topic: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?
Replies: 25
Views: 1257

Re: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?

AVDV is up to almost 100M now and AVUV (US version) is now past 200M. I'm guessing people are jumping on board when it takes off like a rocket. That's not terrible, but it's not great either. Most of the funds I own have at least $1 billion. I may be purchasing some AVDV in the future so my minimum...
by caklim00
Tue May 19, 2020 9:26 pm
Forum: Investing - Theory, News & General
Topic: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?
Replies: 25
Views: 1257

Re: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?

AVDV is up to almost 100M now and AVUV (US version) is now past 200M. I'm guessing people are jumping on board when it takes off like a rocket.
by caklim00
Mon May 18, 2020 9:50 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

I'm not selling now, but I will whenever it is I break even. Might want to look now if you are planning on selling. I do find it interesting that the volatility on US SCV is much more than International SCV at the moment. It kight not always be like this but AVUV seems to have much more extreme swi...
by caklim00
Wed May 13, 2020 3:13 pm
Forum: Personal Investments
Topic: Market vs. Limit Orders
Replies: 59
Views: 3575

Re: Market vs. Limit Orders

Yesterday I bought some AVDV which doesn't have a ton of volume (Average 41.9 k shares). Bid/Ask was .07 at the time. Put in a mkt order for around $10K (a few hundred+ shares). Execution was .03 below ask. Ask was still .03 above purchase price immediately after purchase. I wish I knew this years a...
by caklim00
Tue May 12, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: All small cap international
Replies: 56
Views: 3480

Re: All small cap international

Just bought more AVDV today. Liquidity is finally good for all the Avantis funds :)
by caklim00
Sat May 09, 2020 8:22 am
Forum: Investing - Theory, News & General
Topic: Why doesn't everybody replace SP500 with NTSX?
Replies: 70
Views: 6867

Re: Why doesn't everybody replace SP500 with NTSX?

The return per risk of 100% stocks is very bad that even 60/40 portfolio unleveraged is quite close to it. A 1.5X 60/40 portfolio would give returns of 100% stocks with much less volatlity. It is un-convential compared to 100% stocks meme so I think that is why many people don't invest in it and al...
by caklim00
Thu May 07, 2020 8:56 pm
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 U.S. Balanced Fund [NTSX]
Replies: 292
Views: 22316

Re: WisdomTree 90/60 U.S. Balanced Fund [NTSX]

If I was an accumulator who didn't want to hold bonds directly I'd consider: 50% NTSX 15% VIOV US small cap value 15% ISCF ex-US small cap multifactor 10% VWO emerging markets 10% VWOB emerging markets government bonds (I count these more as equities than bonds based on their behavior) My portfolio...
by caklim00
Wed May 06, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: [Direxion’s QMJ long short fund]
Replies: 27
Views: 681

Re: [Direxion’s QMJ long short fund]

Interesting idea, but it seems all of these long/short funds that are actually live have fallen on their face. Why not just go with a tilt toward profitability like Avantis does rather than this long/short approach which will be more expensive. Or just use SPHQ which is just the Quality Index for .1...
by caklim00
Mon May 04, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

Anybody actually use RZV in a significant capacity? Don’t think I will be, but have decided to hold a little fun-money (credit card rewards) deep value portfolio. Equal-weight RZV, ZIG, QVAL, IVAL; I’ll be rejoicing if value comes to life. I used to, was a small amount <1% of portfolio. I tax loss ...
by caklim00
Sun May 03, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: VSS really small cap value?
Replies: 19
Views: 1519

Re: VSS really small cap value?

AVDV, cheap, value and profitability tilt. You'll have to go elsewhere for EM.
by caklim00
Fri May 01, 2020 3:49 pm
Forum: Investing - Theory, News & General
Topic: Even if today was not Friday, it would not be a bona fide RBD.
Replies: 25
Views: 2473

Re: Even if today was not Friday, it would not be a bona fide RBD.

Finally had a good price point to put more into AVUV. (you will see me at 12:20 on google) Might go down from here, might go up, who knows...
by caklim00
Wed Apr 29, 2020 1:46 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

... Quote a nice day for small-caps in general. caklim00 I am sure you don't mind holding AVUV over your S&P600 funds right now; it is leading the charge this week. Wouldn't be surprised if it closes up 10% today :twisted:. As the thread says Rejoice!!! It has been interesting to see a number of th...
by caklim00
Wed Apr 29, 2020 9:42 am
Forum: Investing - Theory, News & General
Topic: SCV fund which screens for quality
Replies: 21
Views: 992

Re: SCV fund which screens for quality

AVUV .25% ER: https://www.avantisinvestors.com/content/avantis/en/investments/avantis-u-s-small-cap-value-etf.html Invests in a broad set of U.S. small-cap companies and is designed to increase expected returns* by focusing on firms trading at what we believe are low valuations with higher profitabi...
by caklim00
Tue Apr 28, 2020 3:06 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

... ... Thank you both. I had been using IJS because it has free trades at Fidelity, but I realized today that Fidelity offers free trades for all stocks/ETFs if I'm reading things correctly, which opens up my options. your welcome, if you continue to use S&P600V moving forward you might as well pu...
by caklim00
Tue Apr 28, 2020 2:13 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

Larry Swedroe on the new Avantis ETFs on Twitter. Read the tweet and his short responses. Cheers fellow factorheads :beer https://twitter.com/larryswedroe/status/1254778382723604482 Glad to see him plugging this. DFA and Bridgeway aren't attainable by most of us peons. Will be interesting to see th...
by caklim00
Tue Apr 28, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

Larry Swedroe on the new Avantis ETFs on Twitter. Read the tweet and his short responses. Cheers fellow factorheads :beer https://twitter.com/larryswedroe/status/1254778382723604482 Glad to see him plugging this. DFA and Bridgeway aren't attainable by most of us peons. Will be interesting to see th...
by caklim00
Tue Apr 28, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

S&P’s Small-Cap Stocks Post Largest Edge Over Megacaps in 11 Years https://www.bloomberg.com/amp/news/articles/2020-04-27/megacap-bullies-loosen-their-grip-in-big-day-for-smaller-stocks Making up a little for some lost ground. 2 days doesn't make up for the previous negative divergence but it feels...
by caklim00
Mon Apr 27, 2020 11:15 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

Factor exposure of the index is what matters. VBR is fine but VIOV/SLYV/IJS track the S&P600 which has deeper small/value exposure at a good price. I agree with this. If you want even better Small Value factor loading than the S&P 600 Small-Cap Value Index you could try the Bridgeway mutual funds a...
by caklim00
Sun Apr 26, 2020 7:24 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

Sorry if this has been asked before/frequently, I've read a lot of this thread and others... Is there a compelling reason to view the attributes of a fund on its own as opposed to in the context of the portfolio? For example VBR by itself is bigger and less value-y, but is there a meaningful differ...
by caklim00
Thu Apr 23, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16393

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

Also, AVUV is 504 holdings vs 146 for RZV. I actually held a very small amount of RZV previously (amounted to less than 1% of my portfolio) which I was able to tax loss harvest out of. Now, RZV will probably go on some ridiculous tear now that I have said this but I just really don't like the negat...
by caklim00
Thu Apr 23, 2020 9:44 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16393

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

For me personally, I consider "Rydex S&P SmallCap 600 Pure Value ETF" (RZV) my personal nemesis. On the stats, it is more pure value than iShares S&P SmallCap 600 Value (IJS), both of which tilt more to value and small size than Vanguard Small Value (VBR). But the performance and volatility of RZV ...
by caklim00
Thu Apr 23, 2020 8:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds performance - Q1 2020
Replies: 151
Views: 6259

Re: Vanguard factor funds performance - Q1 2020

This is mostly the reason. Correct benchmark is not VTI. It's mid cap and small cap indexes and they are also down around 30%. When VFMF launched it was supposed to be a core equity holding. The multi-factor approach was billed as reducing risk compared with something like VTI. Moving the goal post...
by caklim00
Wed Apr 22, 2020 4:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds performance - Q1 2020
Replies: 151
Views: 6259

Re: Vanguard factor funds performance - Q1 2020

Wouldn't a better comparison for these funds be Vanguard mid cap? At least you would be removing most of the small vs large discusion...
by caklim00
Wed Apr 22, 2020 2:16 pm
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16393

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

cottonseed1 wrote:
Wed Apr 22, 2020 1:26 pm
caklim00 wrote:
Wed Apr 22, 2020 12:51 pm
Spreads are crazy right now.

Large Growth - Small Value

P/E: 14.58
P/B: 6.27
P/Cash Flow: 13.09
P/Sales: 2.81

For reference 10 Year Average
P/E: 5.95
P/B: 3.96
P/Cash Flow: 7.18
P/Sales: 1.51
Thanks for posting this. Do you mind sharing the source of your data?
Avantis
by caklim00
Wed Apr 22, 2020 12:51 pm
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16393

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

Spreads are crazy right now.

Large Growth - Small Value

P/E: 14.58
P/B: 6.27
P/Cash Flow: 13.09
P/Sales: 2.81

For reference 10 Year Average
P/E: 5.95
P/B: 3.96
P/Cash Flow: 7.18
P/Sales: 1.51
by caklim00
Wed Apr 22, 2020 11:01 am
Forum: Investing - Theory, News & General
Topic: Trying to build Black Swan by Larry Swedroe
Replies: 17
Views: 1974

Re: Trying to build Black Swan by Larry Swedroe

I don't fully follow the question, but Swedroe gives various fund and ETF recommendations in an appendix in his book with Black Swan in the title. Larry specifically mentions Large Value Cap ex utilities. My question to BH is to help me find exactly which ETFs track this the best. The ETFs in his a...
by caklim00
Wed Apr 22, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4902
Views: 422674

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

I'm currently up a little over 40K on the Treasury Futures ladder I created about 2 months ago: https://www.bogleheads.org/forum/viewtopic.php?t=304904 This is very close to the bond future portion of NTSX. I do have some serious reservations about the long term viability of this approach though giv...
by caklim00
Mon Apr 20, 2020 9:27 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16393

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

For me personally, I consider "Rydex S&P SmallCap 600 Pure Value ETF" (RZV) my personal nemesis. On the stats, it is more pure value than iShares S&P SmallCap 600 Value (IJS), both of which tilt more to value and small size than Vanguard Small Value (VBR). But the performance and volatility of RZV ...
by caklim00
Fri Apr 17, 2020 8:28 pm
Forum: Personal Investments
Topic: Value & Moment. ETF Factor Tilt
Replies: 8
Views: 504

Re: Value & Moment. ETF Factor Tilt

For my domestic equities, I plan to hold Vanguard Total Stock Market, Vanguard US Reits, and then a factor fund/etf. These listed are above seem nice. Let me look more into them. Whatever you do make sure you have a strategy in place that you can follow. Side note on AVUV, I'm glad to actually see ...
by caklim00
Fri Apr 17, 2020 6:39 pm
Forum: Personal Investments
Topic: Value & Moment. ETF Factor Tilt
Replies: 8
Views: 504

Re: Value & Moment. ETF Factor Tilt

VIOV is one of the nicer small-cap value options. It tracks the S&P 600 value index (a lot of people also own IJS or SLYV which track the same index with higher volume but higher expense ratios). It's a little smaller and more value-y than VBR, and the S&P includes a profitability screen to elimina...
by caklim00
Fri Apr 17, 2020 3:31 pm
Forum: Personal Investments
Topic: Value & Moment. ETF Factor Tilt
Replies: 8
Views: 504

Re: Factor ETF, VBR, VFMF, RZV

I have cash on sidelines and I want to purchase either: VBR, VFMF, RZV VBR Pro: Small and Value exposure Con: Moderately discounted in current market VFMF Pro: Nice value, slight momentum Con: Least discounted in current market. RZV Pro: Currently at large discount (down more than 40%) from highs, ...
by caklim00
Fri Apr 17, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: How are you exercising with gym closures
Replies: 111
Views: 5805

Re: How are you exercising with gym closures

I'm very excited for the gym to re-open during Phase 1. I have a powerack at home with a 300 lb barbell set. About 130 lbs worth of standard plates (10 lbs work the best) with 2 spinlock dumbell handles and locks. I porbably had gone over a year without using any of this equipment but I'm now doing ...
by caklim00
Thu Apr 16, 2020 9:58 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16393

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

Old style M* might work: https://quotes.morningstar.com/chart/fund/chart.action?t=XNAS:vtiax&dataParams=%7B%22zoomKey%22%3A9%2C%22version%22%3A%22US%22%2C%22showNav%22%3Atrue%2C%22defaultShowName%22%3A%22name%22%2C%22mainSettingId%22%3A%22main%22%2C%22navSettingId%22%3A%22nav%22%2C%22benchmarkSetti...
by caklim00
Thu Apr 16, 2020 9:23 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 263
Views: 16393

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

livesoft wrote:
Thu Apr 16, 2020 8:23 am
Well, there you go. M* sucks.
Who works now for ETF total returns?
by caklim00
Wed Apr 15, 2020 4:22 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

Right, but wouldn't you buy what is down more vs what is down less? Everything is relative here. Not necessarily because one's asset allocation to each asset class should cover a range and not a single precise value. For instance, I have an asset of about 58% equities with bands of about 5% (53% to...
by caklim00
Wed Apr 15, 2020 12:56 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

Right, but wouldn't you buy what is down more vs what is down less? Everything is relative here. Not necessarily because one's asset allocation to each asset class should cover a range and not a single precise value. For instance, I have an asset of about 58% equities with bands of about 5% (53% to...
by caklim00
Wed Apr 15, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

I was trying to figure out what equity class to buy with a little bit of surprise income, so I looked at some YTD returns: -29.64% VSIAX small-cap-value -12.92% VTSAX US total stock market -19.47% VTIAX Int'l total stock market -23.64% VFSAX small-cap foreign index -7.03% MTUM momentum something -3...
by caklim00
Wed Apr 15, 2020 7:56 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

I was trying to figure out what equity class to buy with a little bit of surprise income, so I looked at some YTD returns: -29.64% VSIAX small-cap-value -12.92% VTSAX US total stock market -19.47% VTIAX Int'l total stock market -23.64% VFSAX small-cap foreign index -7.03% MTUM momentum something -3...
by caklim00
Tue Apr 14, 2020 4:57 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

I had never heard of AVUV. Interesting. New fund provider - https://www.bogleheads.org/forum/viewtopic.php?f=10&t=284279. https://www.altruistfa.com/USsmallcapvaluefunds.htm AVUV is number 6 on the list. Take those rankings with a grain of salt. They have all the Invesco Momentum funds in their top...
by caklim00
Tue Apr 14, 2020 2:08 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

FWIW, I moved out of my entire SLYV position in our IRAs (*except for M1) into AVUV. This means that our IRAs are now just a combination of AVDV and AVUV. I like the idea of combining value and profitability while minimizing negative momentum and patient trading. Seems like AVUV isn't quite as deep ...
by caklim00
Tue Apr 14, 2020 9:58 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

That AVUV Price/Book is 0.66. :shock: I’m seeing 1.08. AVDV is closer but still well above 0.66. Where you see that? I was looking at M* https://www.morningstar.com/etfs/arcx/avuv/portfolio Under Style Measures on that page. There could be a bit of a lag since SCV is up a bit recently though.
by caklim00
Tue Apr 14, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

MotoTrojan wrote:
Tue Apr 14, 2020 8:17 am
tarnation wrote:
Mon Apr 13, 2020 9:53 pm
That AVUV Price/Book is 0.66. :shock:
I’m seeing 1.08. AVDV is closer but still well above 0.66.
M* actually shows .65 for AVUV right now. SLYV shows .83
by caklim00
Fri Apr 03, 2020 10:19 pm
Forum: Investing - Theory, News & General
Topic: International stocks are undervalued!
Replies: 83
Views: 9091

Re: International stocks are undervalued!

I moved as much as I could to avdv today. .36 er without advisor fee. 10 years ago people would have been freaking out over it.
by caklim00
Fri Apr 03, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

According to the board FAQ, you can hide a user's post using the Friends/Foes list. What are my Friends and Foes lists? You can use these lists to organize other members of the board. Members added to your friends list will be listed within your User Control Panel for quick access to see their onli...
by caklim00
Fri Apr 03, 2020 2:19 pm
Forum: Personal Investments
Topic: Move away from Small and Mid-Caps?
Replies: 23
Views: 1671

Re: Move away from Small and Mid-Caps?

At what point in the 529 do you want to start adding "fixed income" investments? I was more conservative with our 3 529s than with our retirement. Shorter window to run. The cost is virtually known. Especially if you have the number covered. No reason to risk it for a potential K or Homerun. All th...
by caklim00
Fri Apr 03, 2020 11:59 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1472
Views: 118948

Re: Small Cap Value heads Rejoice !!!

[response to removed posts (removed) -- admin LadyGeek] In other news: Bought a slug of VBR. PB of around 1.5 and PE of 14. Very happy with these prices fellas. Mind sharing again why you chose VBR over the S&P600 options? I hold VSIAX in my 401k but have opted for VIOV/SLYV everywhere else. I did ...
by caklim00
Fri Apr 03, 2020 10:22 am
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 249
Views: 29226

Re: Ex DFA CIO launches competitor which will also have ETFs

Moved all of my international small cap into AVDV this morning. Tax loss harvested out of FNDC, VSS, and ISCF and moved my entire ISCF in our IRAs over as well. Just checked and its looks like my international is now roughly 50% All Cap World Index (Large International with a .04% ER in my 401k) 37....