Search found 188 matches

by wije
Fri Feb 14, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434905

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

Do you have the specific post where Hedgefundie talks about adding US utilities? Would like to learn more and backtest. I'm afraid I don't. I just know he used FUTY, which isn't very different from VPU. I'm not sure why he didn't use UTSL to keep up with the rest of the Excellent Adventure, unless ...
by wije
Wed Feb 12, 2020 6:10 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434905

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

I'd like to add positions to MTUM (momentum in US stocks) and EFAV (min vol developed international) in taxable, especially EFAV. Yes, if you haven't noticed a pattern, I'm basically just following HedgeFundie's favorite picks and choosing from them. He should publish a newsletter. :beer I'm curiou...
by wije
Fri Jan 24, 2020 10:31 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434905

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

There are reasons to bucket something like this off entirely, but if you pick a target allocation such as 5% of your overall portfolio and rebalance your portfolio with this side-one, it actually makes more sense to absorb it into your overall portfolio as shown above. This is a great observation t...
by wije
Sun Jan 19, 2020 11:35 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434905

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

Just opened my TDA account. They will not charge a $49 fee for PSLDX transactions if you set up systematic investments in an IRA. Will probably look at switching my kids’ IRA’s to TD for them to take advantage. Thank you. I already have a TDA account with my HSA and will use it to get PSLDX. For my...
by wije
Sat Dec 28, 2019 12:09 pm
Forum: Personal Consumer Issues
Topic: Minivan alternatives?
Replies: 54
Views: 5171

Re: Minivan alternatives?

Hulu wrote:
Sat Apr 27, 2019 9:40 pm
If I could do it all again the only car ahead of it would be a 2017 or newer Sorrento. Simpler, less expensive, way better warranty and more reliable.
But it's not a minivan.
by wije
Sat Nov 30, 2019 9:22 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5004
Views: 434905

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

MotoTrojan wrote:
Fri Nov 29, 2019 11:20 pm
It was fun entertainment but the number crunching made me less and less of a believer actually. Also I think all the “shoe shiners” joining in made me that much more skeptical.
You know, there are plenty of us shoe-shiners who also have our money in int'l small value :beer
by wije
Thu Nov 28, 2019 8:33 am
Forum: Personal Consumer Issues
Topic: Theory of Economics book recommendation desired
Replies: 29
Views: 2353

Re: Theory of Economics book recommendation desired

This is why a good history in economic theory is important. Classical economists and pre-classical economists were well aware of "behavioral" economics and drew from many other disciplines. Most of it would be common sense to them. Thank you, but as you yourself pointed out these things aren't taug...
by wije
Tue Nov 26, 2019 11:38 pm
Forum: Personal Consumer Issues
Topic: Theory of Economics book recommendation desired
Replies: 29
Views: 2353

Re: Theory of Economics book recommendation desired

Given his professional experience, he may be interested in learning more about Behavioral Economics, especially if it isn’t a focus in his department (or his teachers so far). As an outsider with an interest in economics I found these two books that discuss the intermixing of traditional economics ...
by wije
Tue Jul 02, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: We got scammed out of our personal info
Replies: 18
Views: 3520

Re: We got scammed out of our personal info

Nate79 wrote:
Tue Jul 02, 2019 4:53 pm
That info is easily available. What is the problem?
I'm guessing they're going to sell my information to spammers. I was worried that they would use my info for identity theft.
by wije
Tue Jul 02, 2019 4:37 pm
Forum: Personal Consumer Issues
Topic: We got scammed out of our personal info
Replies: 18
Views: 3520

We got scammed out of our personal info

I received an email with an offer to interview via Google Hangout and foolishly confirmed my name, email address, mailing address and phone number. I realized I'd been had when the "recruiter" gave me his email having a "financier.com" suffix instead of the employer's. I didn't give any other inform...
by wije
Mon Jun 10, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 42246

Re: For those who earn $500k+ per year. How'd you do that?

We were debt ridden (like a LOT) always spending more than we made. Even when we were making $300k / year. But I always imagine what today would be like had we just managed to save 10% of our income up to age 48 and stayed out of consumer debt. We could either retire way early or splurge on some st...
by wije
Fri Jun 07, 2019 5:19 pm
Forum: Investing - Theory, News & General
Topic: Thank you, Taylor Larimore!
Replies: 49
Views: 6791

Re: Thank you, Bogleheads

Taylor Larimore wrote:
Thu Jun 06, 2019 9:05 pm
This forum is full of very nice people.
I'm not a nice person, but I think you're the best Taylor!
by wije
Thu May 30, 2019 9:25 am
Forum: Personal Investments
Topic: MTUM momentum ETF article
Replies: 13
Views: 1866

Re: MTUM momentum ETF article

A low-cost easy way to exploit the momentum factor using the ETF ticker MTUM, (and momentum in general) was discussed on Seeking Alpha: Here is another Seeking Alpha article explaining why QQQ captures momentum better than MTUM: https://seekingalpha.com/article/4224718-use-data-pick-best-etfs-portf...
by wije
Thu May 30, 2019 12:53 am
Forum: Personal Investments
Topic: MTUM momentum ETF article
Replies: 13
Views: 1866

Re: MTUM momentum ETF article

A low-cost easy way to exploit the momentum factor using the ETF ticker MTUM, (and momentum in general) was discussed on Seeking Alpha: Here is another Seeking Alpha article explaining why QQQ captures momentum better than MTUM: https://seekingalpha.com/article/4224718-use-data-pick-best-etfs-portf...
by wije
Thu May 09, 2019 1:04 am
Forum: Investing - Theory, News & General
Topic: Anyone know about PIMCO Mortgage Income Trust?
Replies: 1
Views: 302

Anyone know about PIMCO Mortgage Income Trust?

I'm familiar with PIMCO's bond funds that include mortgage-backed securities, but I wasn't aware they're trying to do a mREIT. Does anyone have information on their upcoming IPO and valuation?

https://www.streetinsider.com/SEC+Filin ... 55113.html
by wije
Wed Apr 10, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: sort of deadbeat tenant
Replies: 23
Views: 2939

sort of deadbeat tenant

I had to leave my house for a few months and rented it out to a work colleague. For the first few rent checks, he gave $20 less than what we agreed. I sent him a text informing him that he came short, with no response, and I figured I'd deduct it from the security deposit when he moves out this summ...
by wije
Sun Apr 07, 2019 9:48 pm
Forum: Investing - Theory, News & General
Topic: How many of you have some developed international and EM indexed bond funds in your portfolio?
Replies: 44
Views: 5011

Re: How many of you have some developed international and EM indexed bond funds in your portfolio?

I have a small allocation to an EM bond fund BUT it's coming out of my equity slice, not fixed income. Given its high correlation to equities, I see EM bonds as just another flavor of EM equity. For me, the only worthwhile fixed income assets are long term Treasury funds. Yes they are volatile but t...
by wije
Sat Apr 06, 2019 9:26 am
Forum: Personal Consumer Issues
Topic: 4 days in Munich, Germany
Replies: 28
Views: 1963

Re: 4 days in Munich, Germany

I'm surprised nobody has mentioned the Residenz in Munich. We visited it instead of Neuschwanstein and did not regret it one bit! It's the exact opposite because from the outside, the Residenz appears very unimpressive and blah. The inside is a totally different story! It was the most impressive pal...
by wije
Thu Mar 28, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386840

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

The best Sharpe ratio I obtained was 20% TQQQ, 20% UPRO, and 60% EDV. I'd welcome thoughts on this alternative. This backtested almost as well as the 40% UPRO 60% TMF. It benefits from the higher yield and lower ER of EDV, but it has a much higher US market correlation. Unless you used simulated da...
by wije
Thu Mar 28, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386840

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

The best Sharpe ratio I obtained was 20% TQQQ, 20% UPRO, and 60% EDV. I'd welcome thoughts on this alternative. This backtested almost as well as the 40% UPRO 60% TMF. It benefits from the higher yield and lower ER of EDV, but it has a much higher US market correlation.
by wije
Mon Mar 25, 2019 7:49 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386840

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

one tweak I am making is I am going to put 33% into emerging market small cap (DGS). If you back test DFAs EM small fund (DEMSX, which matches very closely to DGS) w/ 33% in TMF/33% UPRO, over the last 20 years you would have slightly outperformed just 50/50 TMF/UPRO with lower STD Dev. I think you...
by wije
Sat Mar 23, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: Lease a car or buy a car
Replies: 49
Views: 4044

Re: Lease a car or buy a car

harrychan wrote:
Sat Mar 23, 2019 12:14 am
Also consider this. If you put say $5000 down and the car gets totalled the minute you drive off the lot. That $5000 is gone.
How does auto insurance play with leased cars?
by wije
Thu Mar 21, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386840

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

ON a side note if one was to build a risk parity portfolio with leverage. Realistically would the below make sense in some respect? YINN 10% TQQQ 10% UPRO 20% TMF 50% UGL 10% I feel this would be a good start to an ACTUAL risk parity portfolio with leverage. Your example portfolio includes three as...
by wije
Thu Mar 21, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 386840

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

In the spirit of all these optimizations I have decided I will stick with my current holding of UPRO/TMF at 40/60, the HF original. Still intrigued by unleveraged treasuries ability to get through 1955-1982 but at this dollar amount the upside of TMFs increased return (should it work) is way better...
by wije
Thu Feb 21, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: career in biotech (not an investing question)
Replies: 5
Views: 795

career in biotech (not an investing question)

My niece just got admitted to Imperial College in London for a Msc in Bioengineering. I am encouraging her to not only master the science but also learn about the business side of the industry. I know she has a great future ahead, I just want for her to be able to maximize her potential. Could anyon...
by wije
Mon Feb 11, 2019 7:02 pm
Forum: Personal Consumer Issues
Topic: a week in Italy(first time)
Replies: 53
Views: 4651

Re: a week in Italy(first time)

Does anyone have recommendations for places or neighborhoods to stay in Rome and Florence?

Also, what are must-see attractions in those two areas that require advance booking? (I was too late to get a ticket for the Last Supper in Milan)
by wije
Sun Feb 10, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: a week in Italy(first time)
Replies: 53
Views: 4651

Re: a week in Italy(first time)

You say "3 days in Rome". Does that mean on day 1 you arrive (no doubt jet lagged), day 2 is a full day and day 3 you leave? If so, that means you have only 1 full quality day in Rome. 3 nights in Rome. We arrive in the evening. The next day is day 1. We leave Rome for Florence on the evening of da...
by wije
Sat Feb 09, 2019 5:27 pm
Forum: Personal Consumer Issues
Topic: a week in Italy(first time)
Replies: 53
Views: 4651

a week in Italy(first time)

I know I know, a week isn't enough but that's all we got for spring break in March. My original plan was to spend three days in Rome, two in Florence, and then one each in Venice and Milan. However, my wife wants to carve some time from Florence to see Bologna. We have to return home from Milan beca...
by wije
Thu Jan 24, 2019 11:06 pm
Forum: Investing - Theory, News & General
Topic: Good biotech funds
Replies: 23
Views: 2437

Re: Good biotech funds

I get SBIO.
by wije
Tue Jan 15, 2019 10:39 pm
Forum: Personal Investments
Topic: Super Aggressive MF or ETFs?
Replies: 20
Views: 1450

Re: Super Aggressive MF or ETFs?

FEMS: 40%
SBIO: 30%
RSXJ: 10%
TAIL: 20%
by wije
Sun Jan 13, 2019 11:51 am
Forum: Investing - Theory, News & General
Topic: best ways to move to Vanguard
Replies: 6
Views: 607

Re: best ways to move to Vanguard

Earl Lemongrab wrote:
Sat Jan 12, 2019 2:52 pm
Not sure why you'd consider anything but in-kind.
Would I still have to pay Schwab and Etrade's outgoing transfer fee?
by wije
Sat Jan 12, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: The case for China A-Shares
Replies: 29
Views: 3166

Re: The case for China A-Shares

US investors have generally been locked out of owning A-Shares but early this year MSCI announced that it will gradually begin adding more A-Shares to their EM index. I believe it is time for US investors to give this market another look. Earlier I saw a post of yours saying "In no case should you ...
by wije
Sat Jan 12, 2019 11:53 am
Forum: Investing - Theory, News & General
Topic: best ways to move to Vanguard
Replies: 6
Views: 607

best ways to move to Vanguard

Now that Vanguard has dropped commissions on ETFs, I'm thinking of consolidating everything there from my Etrade and Schwab Roth IRAs. Is it better to sell my ETFs at Etrade and Schwab and move the cash to Vanguard, or just move the ETFs themselves to Vanguard? Will I have to pay transaction fees ei...
by wije
Mon Dec 03, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: ideas for a Xmas holiday in central Europe
Replies: 22
Views: 2317

Re: ideas for a Xmas holiday in central Europe

Buying international train tickets, or even seeing the schedules can be surprisingly clumsy, though the German train system (bahn.de) is probably the easiest to navigate. Thanks curmudgeon. How about the GoEuro website? It seemed more straightforward, with bus and plane options as well. I appreciat...
by wije
Mon Nov 26, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: ideas for a Xmas holiday in central Europe
Replies: 22
Views: 2317

ideas for a Xmas holiday in central Europe

My wife always wanted to see what Christmas in Germany is like, so I booked a flight where we arrive at Munich on the night of December 20th. We're departing Munich on the morning of January 2nd, so we have about 12 days to see things. We'd like to see Prague, Vienna, and possibly Venice but haven't...
by wije
Sun Sep 23, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: vacation in the Ozarks
Replies: 15
Views: 1943

vacation in the Ozarks

We're currently in the Kansas City area and have never been to the Ozarks. We'd like to see them from Oct 5-8th to catch their autumn glory. Any suggested itinerary would be welcome.
by wije
Wed Aug 29, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3917

Re: Just put $100K into TUR. Analysis inside

princetontiger wrote:
Wed Aug 29, 2018 12:16 pm
The fact that you guys are so negative just confirms the value I am getting.
How would you have reacted if everyone had supported this play?
by wije
Tue Aug 28, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: Colorado Summer Vacation - what to see and where to stay
Replies: 65
Views: 6136

Re: Colorado Summer Vacation - what to see and where to stay

Ok here's another question: which would you choose for a day trip, Mt Evans or Trail Ridge Road?
by wije
Thu Aug 16, 2018 12:55 pm
Forum: Non-US Investing
Topic: Chinese ETF or Gold or something else?
Replies: 17
Views: 1666

Re: Chinese ETF or Gold or something else?

HEDGEFUNDIE wrote:
Wed Aug 15, 2018 8:46 pm
Those money market funds I recommended pay 5% with minimal additional risk. 余额宝 Is already the world’s largest money market fund with almost $300B USD in assets. Not sure where you get the idea it’s not “serious”.
Would you recommend Chinese corporate bonds for US investors? Like DSUM or CBON?
by wije
Fri Aug 03, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Colorado Summer Vacation - what to see and where to stay
Replies: 65
Views: 6136

Re: Colorado Summer Vacation - what to see and where to stay

Do I need a SUV to drive up Mt Evans? I have a Honda Civic. :?
by wije
Sun Jul 15, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Which minivan?
Replies: 56
Views: 7108

Re: Which minivan?

I'm also in the market for something like a minivan. We just finished a 1,100-mile road trip in our 2010 Honda Civic and it was awful, the car jolted for every slight bump on the road and our two cats were freaking out. We're trying to have a baby and I don't want to put a pregnant wife through that...
by wije
Sun Jul 15, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Re: Surface Pro(2017) vs 9.7" iPad 2018 (edited)

What did you get? The Boglehead in me went with 02nz's suggestion. I went to Costco and got the 2018 iPad for $399 with 128GB storage, along with an Apple Pencil.I also got a small Logitech Bluetooth keyboard from Best Buy for less than $30. A few days later, Serif announced it was launching Affini...
by wije
Sat Jul 07, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Re: Surface Pro(2017) vs 10.5" iPad Pro

The iPad should run Procreate just fine; with multitasking it will be slower than a Pro, but the basic experience will be fine. I see. Yes, I'm not familiar with tablets and did not know that RAM is not as important. At this point, my next major concern is that we're not in the Apple ecosystem and ...
by wije
Sat Jul 07, 2018 7:19 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Re: Surface Pro(2017) vs 10.5" iPad Pro

I thought you said you/your wife wanted a device that could be drawn on? She doesn't absolutely need such a device (otherwise we'd have gotten it much earlier). We're just trying to be prudent Bogleheads and get as much use out of our purchases as possible. With an iMac, my wife would have access t...
by wije
Sat Jul 07, 2018 12:21 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Re: Surface Pro(2017) vs 10.5" iPad Pro

I also like the stability of the iOS; W10 can be a little finicky at times, but not bad though. The SP is kinda expensive. I wouldn't buy one again; instead maybe an HP 2in1 if I wanted W10. I'm not a fan of W10 and ordinarily would not consider the price point of the SP (the Pixelbook is also unfo...
by wije
Sat Jul 07, 2018 12:14 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Re: Surface Pro(2017) vs 10.5" iPad Pro

You didn't clarify - are you taking notes by typing, or are you doing it with the stylus? If the latter, can you even write fast enough that way to keep up with a lecture? Most likely typing, although I had figured I'd write as fast on a tablet as on paper (how I normally take notes). I'll need to ...
by wije
Sat Jul 07, 2018 12:08 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Re: Surface Pro(2017) vs 10.5" iPad Pro

The Surface Pro can replace your wife's laptop, because it is basically a laptop. It might come to that. Her current laptop bought in Dec 2015 has an i3 processor, although it has a SSD, 12GB RAM, and a 15.6" display. It doesn't have a touchscreen display. One possibility, particularly since you're...
by wije
Wed Jul 04, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Re: Surface Pro(2017) vs 10.5" iPad Pro

michaeljc70 wrote:
Wed Jul 04, 2018 9:26 am
You could get anything really for note taking (cheap convertible Chromebook). I'm not sure why you need a tablet.
I need something that can be used with a stylus, and the lighter the better because I'll be on the move.
by wije
Tue Jul 03, 2018 11:35 pm
Forum: Personal Consumer Issues
Topic: Surface Pro(2017) vs 9.7" iPad 2018 (edited)
Replies: 35
Views: 3157

Surface Pro(2017) vs 9.7" iPad 2018 (edited)

I've never owned a tablet and have just gone back to school. I need a tablet with keyboard to take notes (via OneNote) to share with my seminar (gone are the days of writing notes on paper). Since I most likely will have no use for the tablet after the 1-yr course is finished, I'm planning to pass i...
by wije
Mon Jul 02, 2018 6:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 26908

Re: Vanguard to offer non-Vanguard ETFs commission-free

grok87 wrote:
Mon Jul 02, 2018 9:52 am
Cool now I can buy LTPZ (hopefully)
I understand how LTPZ is a great diversifier, but aren't you concerned with increasing yields?