Search found 461 matches

by NMBob
Tue Feb 06, 2024 10:50 pm
Forum: Personal Investments
Topic: How to invest cash at Schwab?
Replies: 76
Views: 9472

Re: How to invest cash at Schwab?

I wonder what happens if you have a balance in a Schwab MM fund (say SNOXX) and make a purchase that gives you a negative cash balance (they do allow that)? Schwab won't allow to buy without having cash ready - in the cash account. In the margin account your margin interest starts compounded if you do not have enough cash for the purchase. Schwab won't auto liquidate a MMF to satisfice the cash requirements for the purchase. Added: This is why some have a SGOV or BOXX or something like that instead of MMF at Schwab, so that they could sell it without waiting one day, and immediately use the resulting (even unsettled) cash to buy. Just do not sell what is bought until the transaction settles. It sure looks like it will let you order without...
by NMBob
Thu Aug 10, 2023 10:40 am
Forum: Personal Investments
Topic: Merrill Edge not working for me
Replies: 44
Views: 6768

Re: Merrill Edge not working for me

it used to be you could only buy a money market fund via voice with a broker. Now you can on the web. But the web still has very limited hours to submit the orders. Different ones have different cut off hours usually earlier than the regular market hours. also, another issue, while chrome is their suggested browser, it can apparently cause problems for some people (even after deleted cache in chrome) where I got warning like not meet minimum initial investment ,,even though you already own it... discussed this issue with them last two days...result was had to use a different browser today. I caught this buying a non money market mutual fund I already owned... but wonder if it is part of flakiness I have had sell some bits of money market fu...
by NMBob
Sun Mar 26, 2023 2:30 pm
Forum: Personal Investments
Topic: Confused about inherited IRA rules
Replies: 38
Views: 5004

Re: Confused about inherited IRA rules

Doesn't The IRS 590 pub clearly state that no distribution is required before the 10 year closeout? 10-year rule. The 10-year rule requires the IRA beneficiaries who are not taking life expectancy payments to withdraw the entire balance of the IRA by December 31 of the year containing the 10th anniversary of the owner’s death. For example, if the owner died in 2022, the beneficiary would have to fully distribute the IRA by December 31, 2032. The beneficiary is allowed, but not required, to take distributions prior to that date. The 10-year rule applies if (1) the beneficiary is an eligible designated beneficiary who elects the 10-year rule, if the owner died before reaching his or her required beginning date; or (2) the beneficiary is a des...
by NMBob
Sat Mar 25, 2023 7:28 pm
Forum: Personal Investments
Topic: Confused about inherited IRA rules
Replies: 38
Views: 5004

Re: Confused about inherited IRA rules

krafty81 wrote: Sat Mar 25, 2023 7:11 pm Looked that over. What a pain this will be. You apparently have to calculate your life expectancy, then do a division to get to the RMD amont. Could they make this any harder?
look at it as valuable experience gained for calculating your own rmds for when you are 73 etc !! ...

RMDs are a fairly common thing..but yes the rules have been changing too...
The RMD rules apply to all employer sponsored retirement plans, including profit-sharing plans, 401(k) plans, 403(b) plans, and 457(b) plans. The RMD rules also apply to traditional IRAs and IRA-based plans such as SEPs, SARSEPs, and SIMPLE IRAs.
by NMBob
Fri Sep 23, 2022 11:49 pm
Forum: Personal Investments
Topic: SIL pension options - survivor benefit?
Replies: 9
Views: 928

Re: SIL pension options - survivor benefit?

I fall in with your strong sense. there are times where "the math" does not matter, and peoples behaviors are the key issue. Many or maybe most people just cannot handle money well and whatever is the safest path for that issue should be chosen. Most all of us were likely never taught how to handle money for a lifetime. If you are feeling that SIL doesn't sound like someone on a path to be , "for sure" self sufficient 10 years from now without the annuity, then maybe option 1 is best as you are leaning. I agree with you.
by NMBob
Wed Aug 10, 2022 11:46 pm
Forum: Personal Investments
Topic: New poster—TIPS ladder or TIPS fund for portfolio?
Replies: 18
Views: 2021

Re: New poster—TIPS ladder or TIPS fund for portfolio?

ladder. tips funds take dumps... SCHP schwab tips had a high of 63.15 and then a low of 55.37 in less than 4 months, roughly march to mid june this year. Tips funds also took a dump during the GFC.
by NMBob
Sat Jun 11, 2022 7:43 pm
Forum: Personal Investments
Topic: Should I load up on TIPS? (And how does inflation adj work)
Replies: 49
Views: 5848

Re: Should I load up on TIPS?

The comparison to TBM is problematic because it includes both corporates (which can tank when stocks tank) and nominal treasuries (which often rise when stocks tank). If we compare a TIPS fund (e.g., VIPSX) to a treasury fund (e.g., VFITX), we see that when the S&P 500 tanks (like in 2008 and 2020), the TIPS fund takes a hit while nominal treasuries soar. Two kinds of treasuries, different behaviors. That hasn't manifested itself in the correlations I've seen. TBM's correlation with the S&P 500 since inception has been -.03, while TIPS' has been .08. Both are essentially zero. Sure, there may be some short-term fluctuations, but I don't see why that would matter to a long-term investor. I'm just reporting an observation, having loo...
by NMBob
Tue May 10, 2022 8:51 pm
Forum: Personal Investments
Topic: For users of TreasuryDirect, what is the difference between a certifying officer and a notary?
Replies: 6
Views: 2055

Re: For users of TreasuryDirect, what is the difference between a certifying officer and a notary?

no problems opening account and scheduling a buy in one evening. I gave them my drivers license info as asked. Perhaps in my favor, My bank account was the same account the irs and other government agencies have used for 20 years. Thanks to all who have posted in threads on ibonds, how to , treasury direct etc.
by NMBob
Sun May 08, 2022 10:37 am
Forum: Personal Investments
Topic: Where to put cash other than ibonds right now (due to inflation)
Replies: 31
Views: 5802

Re: Where to put cash other than ibonds right now (due to inflation)

Nowizard wrote: Sun May 08, 2022 9:18 am Some are apparently putting money in growth funds like QQQ. I assume they are thinking that though it may go down (It is up YTD last time checked) that it will recover faster eventually. Not a recommendation, just a comment based on reading.

Tim
Not clear on what is described. A quick look shows qqq is down 22 percent ytd and it looks like its 2022 high was on 3 January. SP500 ticker down about 14% year to date.
by NMBob
Thu May 05, 2022 5:43 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989747

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

e5116 wrote: Thu May 05, 2022 10:12 am
kbourgu wrote: Thu May 05, 2022 9:12 am TMF down again what gives?
Only down 9.44% on the day compared to -10.3% for UPRO. What a hedge! (Sorry, not trying to be flippant -- just putting some lightness into the day's bloodbath for these two ETFs. They've certainly had a rough year. I don't know enough to give you a valid explanation.) I'm still targeting mid-year to have a "lighter" version of this as I'm not in it at the moment.
yep, i am so glad ...everything was already priced in yesterday....
by NMBob
Sat Apr 30, 2022 11:09 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989747

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

maybe a glimpse of a decent news sounding prediction.....from Schwab insights on market volatility
Long-term Treasury yields may rise modestly after recent declines, but demand from investors looking for shelter from riskier parts of the market is likely to prevent yields from rising significantly higher. We believe the worst of the rise in yields is behind us.
https://www.schwab.com/resource-center/ ... volatility
by NMBob
Thu Mar 10, 2022 11:06 am
Forum: Personal Investments
Topic: Best place to park Money for 1 year
Replies: 14
Views: 3184

Re: Best place to park Money for 1 year

I don't know if you can MYGA for only one year...but you may want to check.

viewtopic.php?t=347074
by NMBob
Wed Feb 23, 2022 12:12 pm
Forum: Personal Investments
Topic: Bye Bye Advisor
Replies: 15
Views: 3273

Re: Bye Bye Advisor

I am not for sure what "good reporting" is, but I find Schwab to have more reports, or easier to get to, analysis of my holdings etc than Merrill Edge. Although I think at both you eventually can find a "portfolio x-ray" analysis. Schwab has had in the past little video conferences on markets etc, a monthly magazine that may be email pdf only now. Merrill has this "story" format for analyzing your holdings i dislike. I cant search activity or transactions by ticker symbol at merrill like I can at schwab. Edge is fine, we just opened one for my wife since she is a bank america checking customer. But , If it weren't tied directly to Bank of America, i would have no reason to use merrill instead of schwab. For non...
by NMBob
Sat Feb 19, 2022 8:19 pm
Forum: Personal Investments
Topic: 8606 Corrections (multiple years) - recent experiences?
Replies: 41
Views: 5538

Re: 8606 Corrections (multiple years) - recent experiences?

retiredjg wrote: Sun Oct 17, 2021 7:40 am I don't think there is any requirement to file a new form each year if there are no changes. The last form is adequate.

Some people like to do it though.
i have been carrying the same total for years and the tax programs like hr block do not print it with my return. In fact the form shows the box empty this year until i hit the print the form for myself box on the 8606 and then the carrying number appeared in the form.
by NMBob
Mon Jan 31, 2022 12:01 pm
Forum: Personal Investments
Topic: Best TLH partner for Total Stock Market (VTSAX)?
Replies: 56
Views: 11678

Re: Best TLH partner for Total Stock Market (VTSAX)?

TLH time and found this post by searching.. A couple of questions about TLH. Let me use Total Stock Market fund an example. From a different post, it's suggested that VTSAX and VTI (a mutual fund and a ETF for total market from Vanguard) are considered to be substantially identical and thus should not be used for TLH. 1. Can one use a similar fund from different fund companies? For example, VTSAX vs. FSKAX (total markets from Vanguard and Fidelity) 2. Can one use similar ETF funds from different fund companies, for example, VTI vs. ITOT? 3. Fidelity has a zero-expense fund as well. Can one do: FSKAX vs. FZROX? VTSAX and VTI are perhaps in a very, very unique , patented way, actually just different share classes of the same fund at Vanguard...
by NMBob
Mon Jan 24, 2022 3:55 pm
Forum: Personal Investments
Topic: Where can you open a Roth IRA and buy a fund with minimum of $1000?
Replies: 21
Views: 1983

Re: Where can you open a Roth IRA with only $1000?

SWTSX schwab total market index fund at schwab... 1 dollar initial and 1 dollar subsequent investment minimum for basic/ira/custodial accounts.
by NMBob
Sun Jan 16, 2022 10:20 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX? [PIMCO StocksPLUS Long Duration Fund]
Replies: 2109
Views: 394858

Re: Why not 100% PSLDX?

I am actually thinking of buying PSPTX (PIMCO StocksPLUS Absolute Return) and PSKIX (PIMCO StocksPLUS Unhedged International) too in a Roth IRA. Assuming you believe in PIMCO’s bond active management, I think they should be a safer bet than StocksPLUS funds like PSLDX with only long bonds. On a related note, where would people suggest buying this family of funds? I emailed Ally Invest, and they said these institutional shares aren’t available in IRAs. However, this seems to contradict information I’ve seen elsewhere on Bogleheads, where people say they’ve purchased StocksPLUS funds for a $100 minimum initial investment at Ally. Can anyone confirm based on their own recent experience? I want to know where I should move my IRA to access thes...
by NMBob
Thu Dec 30, 2021 1:24 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989747

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

jarjarM wrote: Thu Dec 30, 2021 11:40 am
privatefarmer wrote: Thu Dec 30, 2021 5:29 am I just noticed that using PV backtest, if one were to leverage QQQ 3x using “CASHX” and compare it to TQQQ, and do monthly rebalancing, the CAGR is significantly higher…. Same thing if you leverage spy/TLT using CASHX vs UPRO/TMF. If one were to do this with a margin loan at IB and rebalance it monthly so as not to hit a margin call, using portfolio margin, what would be the problem? What am I missing?
Is margin cost right now really CASHX?
From previous postings I read here, it seems that portfolio visualizer is a monthly return and that 3 times a monthly return does not equal 3 times a daily return. Using negative cashx to leverage the monthly data set only gives a rough approximation.
by NMBob
Sat Dec 11, 2021 11:38 pm
Forum: Personal Consumer Issues
Topic: Best place to get tires? (Disappointed with Costco Tire Center)
Replies: 142
Views: 20710

Re: Best place to get tires? (Disappointed with Costco Tire Center)

didnt come close to getting the warranteed mileage out of my michelin premeir ltx tires from costco. disappointed in the early wear. they still did perform well in rain when almost worn out. my costco is extremely busy and hard to get appointment. Since this older car won't drive more than 90 minutes from home i decided to look cheaper than michelin. Went to discount tire and Wound up buying the same oem tires it had when i first bought it because it was the best combination of pretty low price with very good reviews. and then i got a 10 military discount and financed with them which I will pay off early before interest is charged, to get also a 60 dollar visa gift card. Discount tire ordered my tires, got them the next afternoon and instal...
by NMBob
Thu Nov 18, 2021 6:15 pm
Forum: Investing - Theory, News & General
Topic: WisdomTree 90/60 US Efficient Core Fund [NTSX] (formerly US Balanced Fund)
Replies: 857
Views: 158069

Re: WisdomTree 90/60 US Efficient Core Fund [NTSX] (formerly US Balanced Fund)

Apologies if this has been posted before, but couldn't find it in the thread. It appears NTSX does NOT use S&P500, but (as is stated in the fund prospectus) it uses the 500 largest US cap stocks. As a result, it is sightly different exposure than S&P500, and closer to something like the top 500 of Russell 1000. For example: NTSX owns both SNAP and SNOW, neither of which are in the S&P500, but it doesn't own FOX (among others) which is part of S&P500. There are between 50-100 stocks difference between the two (I don't have the data directly in front of me, but looked at it the other day). How does this impact anyone's view on NTSX? It is more growthy than the S&P500, also with lower profitability factor exposure. It is N...
by NMBob
Tue Nov 16, 2021 7:28 am
Forum: Investing - Theory, News & General
Topic: Anyone use Invesco BulletShares?
Replies: 18
Views: 4204

Re: Anyone use Invesco BulletShares?

likely some good points made above. I owned a small bit and it seemed the whole sales pitch of acting like holding bonds to maturity and thus not lose money, would correlate to thus deliver a 25 dollar ( or better )close out price as long as there weren't defaults. Yet, during one of the longer bull runs in history which should be low defaults, this did not happen in the year group I owned that I held through closing.

Then, it seems the whole fund is run by some almost secret system that no one really knows what it is.
by NMBob
Thu Nov 04, 2021 3:53 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX? [PIMCO StocksPLUS Long Duration Fund]
Replies: 2109
Views: 394858

Re: Why not 100% PSLDX?

Would something like this have the same level of risk and be a decent substitute? 33% upro 33% tmf 34% short term TIPs Or for some factor diversification 25% upro 25% small value 33% tmf 17% short TIPs One aspect I'm unsure about is whether in the case of the first one 34% should be viewed as a floor in the case of a crisis or whether because the rest is so volatile that I'd be rebalancing quarterly into a falling knife such that it would actually be safer to have a smaller cash (in this case short TIPs) allocation combined with less risky bond allocation. HFEA thread has thousands of posts discussing the likely risks of 3x etfs. I don't see the proposal as equivalent risk to psldx but likely higher due to that. I don't see the reason to t...
by NMBob
Mon Oct 18, 2021 1:40 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989747

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

wouldnt the exact opposite correlation total to zero. isnt the exact opposite the short of upro. the stock market goes up over time. the exact opposite would be something that goes down over time wouldnt it, which might not be appealing.
by NMBob
Thu Oct 14, 2021 4:35 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989747

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

We can see this in Simba's spreadsheet. Since 1955: 55/45 UPRO/TYD has the same CAGR and lower stdev and low max-drawdown than UPRO/TMF. What does the comparison look like from the 1980's to present (after Fed policy change)? What about TMF vs TYD for the worst months of the GFC in 2008 and the Dot.com bubble in the 2000's? I am worried about crashes, specifically. Does TYD hold up as crash insurance? Yes it holds up. At 55/45 it's pretty similar to TMF, a hair better depending on the period chosen. If you don't want/need that much leverage, 45/55 UPRO/TYD is much better than 55/45 UPRO/TMF.. it's just not as much leverage. For people who are keeping separate accounts, it definitely makes sense to increase the size of their HFEA account bu...
by NMBob
Mon Sep 20, 2021 10:28 pm
Forum: Personal Investments
Topic: Another Edward Jones question (leaving ethically)
Replies: 64
Views: 8136

Re: Another Edward Jones question (leaving ethically)

was this advisor your friendly best buddy before he was making money off your account......just saying staying in contact and friendly is part of sales...not part of friendship. i had a car salesman have me work on his golf clubs etc many times, his grandkids, etc....we would go to lunch once in while. 3 years later when i thought of buying a car and the price was the same price a complete stranger from out of state would pay, ie the max and even 300 more for a missing second remote ,,,, i didn't buy. after that, I didnt hear from the guy for years,,,other than running into him at a golf course...

he's not your friend, its his sales requirements...you do not need to contact him
by NMBob
Mon Sep 20, 2021 3:39 pm
Forum: Personal Investments
Topic: Please Help Me with TIPS/Treasuries
Replies: 18
Views: 2908

Re: Please Help Me with TIPS/Treasuries

another good read about treasuries, a thread on ....First 20% of bonds in long-term Treasuries

viewtopic.php?t=287627&start=500
by NMBob
Sun Aug 29, 2021 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Disability quote - policy definitions
Replies: 10
Views: 994

Re: Disability quote - policy definitions

a friend had a basic one from Hartford through employer, it paid for like 2 or maybe 3 years. then, they change the criteria at a year point to doing any job,not your old job. And that includes they argue an immobile person could get a job staring at a monitor. They refused to pay her even though she was then on social security disability at that point. So be real careful about what you get.
by NMBob
Tue Aug 24, 2021 11:55 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989747

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

BeerTooth wrote: Mon Aug 23, 2021 2:02 pm
firebirdparts wrote: Mon Aug 23, 2021 12:06 pm We've spend 2 years comparing NTSX and PSLDX. NTSX is not quite up to 2X
where are you finding the leverage ratios listed? I don't see that on yahoo finance

I have both those options in my workplace brokerage account:
PSLDX: 0.61% ER
NTSX: 0.2% ER
there are lengthy, very in detail and depth discussed threads on ntsx and psldx which you likely will find helpful. Here are two of the bigger ones. The leveraged allocation of NTSX was specifically stated in its original name.

ntsx thread - viewtopic.php?f=10&t=302218


psldx thread - viewtopic.php?f=10&t=305950
by NMBob
Mon Aug 16, 2021 11:42 am
Forum: Personal Investments
Topic: NTSX as an ITT fund?
Replies: 41
Views: 5398

Re: NTSX as an ITT fund?

NTSX has been discussed in tremendous detail in other threads.

viewtopic.php?f=10&t=302218
by NMBob
Sun Aug 15, 2021 1:35 pm
Forum: Personal Investments
Topic: Trying to understand tax liability for LTCG in this case
Replies: 6
Views: 1071

Re: Trying to understand tax liability for LTCG in this case

tax calculation wise, there is nothing special about "reinvested dividends/capital gains distributions" verse taking the cash, and then making the new purchase in the stock directed manually by yourself with the money you just received.

Either way, the dividend or cap gain distribution the stock made gave you money. that money distribution will show up eventually for tax purposes on your 1099. but Now, you already told the brokerage , hey, if I get money, buy some more immediately "auto reinvest". So it is now simply on that same day, a buy at the price that day. Tax wise, Cost basis and date of purchase are that day, just as if you had bought a different stock with the money.
by NMBob
Sat Aug 14, 2021 3:39 pm
Forum: Personal Consumer Issues
Topic: Help selecting a fairway wood
Replies: 5
Views: 644

Re: Help selecting a fairway wood

As a trained golf club maker and fitter, let me tell you, You want the exact club you hit well. Not something like it, as frequently, it just isn't. All clubs are different from company to company. There are no standards from company to company in length or flex or head design. Buying a golf club and its golf shaft is like buying a medium size sweater. Some sweaters are bigger, and some run smaller even though they are all labelled medium. The same goes with flex labels on golf shafts. One companies senior shaft may just hit different than another companies etc. or more like a regular flex made by another company. Shafts can be different in their internal design, soft tip, stiff tip etc, and in weight. Heads can be different, is the head bu...
by NMBob
Tue Aug 10, 2021 10:19 pm
Forum: Personal Investments
Topic: Less Risk IRA Investment
Replies: 5
Views: 905

Re: Less Risk IRA Investment

maybe something like

Vtip - short tips - 75
schr - int treasury - 25

or

Vtip - short tips - 55
scho - short treasury 25
schr - int treasury 20
by NMBob
Tue Aug 10, 2021 8:26 pm
Forum: Personal Investments
Topic: RMD rules for IRAs inherited from spouse
Replies: 10
Views: 1609

Re: RMD rules for IRAs inherited from spouse

seems to read that way, iaw example one which is just below where you have already quoted. https://www.irs.gov/publications/p590b#en_US_2020_publink1000231236 Owner Died Before Required Beginning Date If the owner died before his or her required beginning date (defined earlier), and you are an eligible designated beneficiary, you must generally base required minimum distributions for years after the year of the owner's death using your single life expectancy shown in Table I in Appendix B, as determined under Beneficiary an individual, later. However, there are situations where an individual designated beneficiary may be required to take the entire account by the end of the 10th year following the year of the owner's death. See 10-year rule...
by NMBob
Fri Jul 23, 2021 9:41 pm
Forum: Personal Investments
Topic: Sell Rentals?
Replies: 19
Views: 2388

Re: Sell Rentals?

sell them tomorrow.

The guy who said its a sellers market that also could decline significantly is describing exactly what happened to my friends years ago, The husband wanted to sell their rentals and the wife said no. And then boom, the bubble popped, they lost out on almost enough money to retire on when they where in their 40s. they won't hold rentals now due to things mentioned here. The annoyances of managing and the possibility of a significant decline. They buy and refurbish a house and then sell it.

perhaps keeping them now is taking higher risk that is usually accepted over a long term investment, but now you are viewing it as a short term investment ?
by NMBob
Wed Jul 07, 2021 11:22 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14360
Views: 1989747

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

:sharebeer
fatcoffeedrinker wrote: Wed Jul 07, 2021 11:05 am Just thought I would add a data point. I got into HFEA in February, 2019 with $100K. Started with original 40/60, then switched to 55/45 when Part II came out. Have never added more -- just quarterly rebalancing. Just hit $300K today! Woohoo!
by NMBob
Sat Jun 12, 2021 4:35 pm
Forum: Personal Consumer Issues
Topic: Another thread on "Which car should I buy?"
Replies: 42
Views: 4586

Re: Another thread on "Which car should I buy?"

Honda and Lexus seem to have some fairly nice warrantees on their certified pre owned used cars.

https://www.hondacertified.com/certifie ... d-benefits
by NMBob
Fri Jun 11, 2021 11:28 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX? [PIMCO StocksPLUS Long Duration Fund]
Replies: 2109
Views: 394858

Re: Why not 100% PSLDX?

"The difference between 2x and 3x leverage can be massive and the margin between an aggressive and a catastrophic amount of leverage is thin. " 1 - So if that is true, why would people suggest anyone use 3x leveraged etfs if they could use something else? Which basically was my point in my first post. "Explain to me again how UPRO/EDV is a worse option? I still don't get it. The daily rebalancing of UPRO helps to limit your losses in a major crash." 2 - So what is the reality that someone wants to have to rebalance their portfolio on a daily basis? Is their anyone who has posted they had a leveraged etf portfolio that they rebalanced it every day? And rebalanced it everyday in March and April of 2020? 3 - In HFEA , and 3...
by NMBob
Fri Jun 11, 2021 7:46 am
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX? [PIMCO StocksPLUS Long Duration Fund]
Replies: 2109
Views: 394858

Re: Why not 100% PSLDX?

Thinking of attempting a DYI with 33% UPRO and 67% EDV. I'm wondering, is increasing duration taking the same kind of risk as leverage? The duration for PSLDX is ~16, so if EDV was ~24, is that the same kind of interest rate risk and expected performance as levering a 16 duration treasury bond by 1.5x? I know PSLDX isn't all treasuries so the risk profile is different in that regard... I know that UPRO behaves differently than 3x margin SP 500. But say I'm aiming for 100% SP 500 and 100% LTT, is the above a decent approximation? Considering the combined ER of EDV/UPRO is .36, vs 1.02 for PSLDX, it seems like a DYI version is optimal, unless maybe UPRO's issues stemming from daily leverage are worth paying a significant amount to avoid? if ...
by NMBob
Thu Jun 10, 2021 7:39 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX? [PIMCO StocksPLUS Long Duration Fund]
Replies: 2109
Views: 394858

Re: Why not 100% PSLDX?

Thinking of attempting a DYI with 33% UPRO and 67% EDV. I'm wondering, is increasing duration taking the same kind of risk as leverage? The duration for PSLDX is ~16, so if EDV was ~24, is that the same kind of interest rate risk and expected performance as levering a 16 duration treasury bond by 1.5x? I know PSLDX isn't all treasuries so the risk profile is different in that regard... I know that UPRO behaves differently than 3x margin SP 500. But say I'm aiming for 100% SP 500 and 100% LTT, is the above a decent approximation? Considering the combined ER of EDV/UPRO is .36, vs 1.02 for PSLDX, it seems like a DYI version is optimal, unless maybe UPRO's issues stemming from daily leverage are worth paying a significant amount to avoid? if ...
by NMBob
Wed Jun 09, 2021 9:49 am
Forum: Personal Investments
Topic: novice leaving EJ could use advice.
Replies: 56
Views: 6453

Re: novice leaving EJ could use advice.

"I have read that EJ trains their team members to inject themselves into client's personal activities and lives, and to 'sell' to friends for their own career advancement. Not very ethical, but like religions that highly encourage social lifes within the 'faith' it serves their interests to make financial separation as emotionally painful as possible. That is what they are really selling, as their financial offering is inferior." I think this is a little over the top vilification. Don't many other sales oriented professions do similar? Is every member of the Rotary etc a philanthropist 100 percent or do sales people see benefits from networking and getting their name and business mentioned. Aren't there other overpriced items in t...
by NMBob
Wed Jun 02, 2021 11:44 pm
Forum: Investing - Theory, News & General
Topic: Why not 100% PSLDX? [PIMCO StocksPLUS Long Duration Fund]
Replies: 2109
Views: 394858

Re: Why not 100% PSLDX?

Thinking of attempting a DYI with 33% UPRO and 67% EDV. I'm wondering, is increasing duration taking the same kind of risk as leverage? The duration for PSLDX is ~16, so if EDV was ~24, is that the same kind of interest rate risk and expected performance as levering a 16 duration treasury bond by 1.5x? I know PSLDX isn't all treasuries so the risk profile is different in that regard... I know that UPRO behaves differently than 3x margin SP 500. But say I'm aiming for 100% SP 500 and 100% LTT, is the above a decent approximation? Considering the combined ER of EDV/UPRO is .36, vs 1.02 for PSLDX, it seems like a DYI version is optimal, unless maybe UPRO's issues stemming from daily leverage are worth paying a significant amount to avoid? if ...
by NMBob
Thu May 27, 2021 12:49 pm
Forum: Personal Investments
Topic: Help: Schwab MFs to Vanguard ETFs
Replies: 42
Views: 3915

Re: Help: Schwab MFs to Vanguard ETFs

okwriter, Thank u for taking the time to find and post that link. Does seem to be pointing out what seems unusual. Margin accounts will go on margin
Because mine has at schwab... and yet cash account seems to get a free one day loan.

Just to muddy the waters ..lol....Perhaps tied to this in some schwab trading instructions says something like that the buy and sell need to be the same day. It particularly says that buy an etf monday and sell a different etf both settle wed...ok. but not ok is to buy etf monday and sell mf on tuesday . Both settle wednesday but it says that is not ok. The mf needed to be sold monday....humm

https://help.streetsmart.schwab.com/edg ... 0Funds.htm
by NMBob
Thu May 27, 2021 10:58 am
Forum: Personal Investments
Topic: Help: Schwab MFs to Vanguard ETFs
Replies: 42
Views: 3915

Re: Help: Schwab MFs to Vanguard ETFs

okwriter wrote: Wed May 26, 2021 5:54 pm
NMBob wrote: Tue May 25, 2021 4:37 pm You cannot sell an etf/stock and buy a MF with the same money the same day because the MF buy settles the next day looking for money, and you don''t get the etf sell money settled for 2 days.
You can do this at Fidelity; no margin required. Per NancyABQ's comment, Schwab allows this too, and I remember some old threads here saying the same for Vanguard as well. Is there a brokerage that doesn't allow it?
see fidelty's "cash liquidation violation"

https://www.fidelity.com/learning-cente ... violations
by NMBob
Tue May 25, 2021 11:28 pm
Forum: Personal Investments
Topic: Huge April capital gains payout for Fidelity Extended Market Index (FSMAX)
Replies: 15
Views: 2522

Re: Huge April capital gains payout for Fidelity Extended Market Index (FSMAX)

name 1yr 3y 5yr 10yr tax cost ratio
fsmax 1.78% 1.58% 1.47% xx
vexax 0.45 0.41 0.41 0.41