Search found 174 matches

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: 256

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: 2738

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: 32
Views: 3340

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: 1646

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: 1767
Views: 120437

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: 1767
Views: 120437

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: 1767
Views: 120437

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: 3101

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: 1767
Views: 120437

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: 1767
Views: 120437

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: 720

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: 49
Views: 3472

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: 49
Views: 3472

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: 49
Views: 3472

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: 2169

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: 1188

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: 552

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: 22
Views: 1845

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: 552

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: 2191

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: 2191

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: 1820

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: 3502

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: 5723

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: 1531

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: 5723

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: 6433

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: 2961

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: 2961

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: 2961

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: 2961

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: 2961

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: 2961

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: 2961

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: 2961

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: 24937

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?
by wije
Mon Feb 19, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 81
Views: 13699

Re: The Emerging Markets "lost decade" is over

In many respects, EM is a commodities play, and commodities haven't done well since about 2008. Not anymore. Buy emerging markets for the growth, not the commodities http://www.investmentnews.com/article/20180123/FREE/180129970/buy-emerging-markets-for-the-growth-not-the-commodities Emerging Market...
by wije
Mon Feb 19, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 81
Views: 13699

Re: The Emerging Markets "lost decade" is over

...China is a country that thinks long term about its future - as an old civilization it tends not to be myopic and focus on short term gains. Furthermore, he political structure encourages long term thinking. If anything, your points favour investing in China... That's exactly what many in the U.S...
by wije
Fri Jan 05, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Investing in AQR funds
Replies: 10
Views: 1911

Re: Investing in AQR funds

lack_ey wrote:
Thu Jan 04, 2018 9:46 pm
Can anybody explain to me why they're benchmarking market neutral funds against Morningstar's moderate allocation benchmark and showing alpha and t-stats for alpha for that comparison?
I'm neither Taylor nor IFA, but perhaps they're criticizing the very idea of market neutral funds.
by wije
Mon Jan 01, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 302
Views: 40846

Re: TurboTax Prices

For those purchasing on Amazon: if you have linked your American Express Membership Rewards account, you can use the code AMEXSOFTWARE to get $15 off when you use at least 1 MR point to pay. I just got Premier for $44.02 that way. I tried clicking on your link, but it said I'm not eligible for the ...
by wije
Sat Dec 09, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Best FEDVIP dental insurance for braces/orthodontics
Replies: 7
Views: 3207

Best FEDVIP dental insurance for braces/orthodontics

My wife is planning to get braces next year and we're shopping for the best insurance plan. My key question is: which should be the most important consideration- coverage or the lifetime maximum? GEHA offers 70% for orthodontics with a $2,500 maximum, while FEP BlueDental and Metlife offer 50% with ...
by wije
Mon Nov 13, 2017 7:28 pm
Forum: Personal Investments
Topic: 9-5 and a Side Hustle that's growing
Replies: 10
Views: 2820

Re: 9-5 and a Side Hustle that's growing

CyberGuy wrote:
Sun Nov 12, 2017 2:56 pm
a side hustle that over the last couple years has grown into 75,000-100,000 a year annual income stream.
I'm sure this is the wrong board to ask, but I'm curious what this lucrative "side hustle" is! :greedy
by wije
Sun Sep 24, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 11736

Re: Where do you get your news?

Economist magazine - I subscribe to the paper edition and this is my single best source of in depth news. It's not easy to answer your question without addressing how much our news is shaped by politics. The Economist is no exception although I confess it's better than most American news outlets. H...
by wije
Fri Sep 01, 2017 1:16 pm
Forum: Non-US Investing
Topic: how British youth can invest in UK
Replies: 5
Views: 773

Re: how British youth can invest in UK

Thanks everyone! I can't believe brokerages charge fees just for having accounts with them, don't they want customers?? On the plus side, Vanguard UK appears to require smaller minimums to open funds than the American branch. That Lifetime ISA looks like a real winner. The government adds 25% to wha...
by wije
Wed Aug 30, 2017 1:33 pm
Forum: Non-US Investing
Topic: how British youth can invest in UK
Replies: 5
Views: 773

how British youth can invest in UK

I have a British teenage niece for whom I'd like to help teach investing. As an American I know nothing about brokerages in the UK or if there are tax-deferred/advantaged retirement accounts that she can open. Her family isn't wealthy so we wouldn't be able to start with a large deposit.

Any ideas?
by wije
Thu Aug 10, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: Investing In Water
Replies: 29
Views: 3776

Re: Investing In Water

Here are some non-utilities ideas I gleaned from elsewhere: Irrigation: LNN and VMI are the most touted stocks for farmers, but TTC provides lawn products for consumers and has more potential Water rights: LMNR is the only play I'm familiar with Water for fracking: TPL: Texas Pacific Land Trust Anno...
by wije
Tue Aug 01, 2017 5:10 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Grading The Forecasters
Replies: 14
Views: 2659

Re: Larry Swedroe: Grading The Forecasters

After a certain President got re-elected in 2012, I was surprised to see how strong the stock market was afterwards. Goes to show that one should not mix investing and politics. After a certain President got elected in 2016, I was surprised to see how strong the stock market was afterwards. Goes to...
by wije
Fri Jun 30, 2017 8:47 pm
Forum: Investing - Theory, News & General
Topic: Why is it ok to avoid Chinese A Shares?
Replies: 41
Views: 4322

Re: Why is it ok to avoid Chinese A Shares?

As a result, investing in fast-growing emerging markets often only pays off if one can purchase shares at relatively low valuations. Here's a question- is it better to buy an ETF of a country that has a low CAPE, or an ETF that has a low P/E but represents part of the equity market of a country wit...
by wije
Thu Jun 29, 2017 10:21 pm
Forum: Investing - Theory, News & General
Topic: Why is it ok to avoid Chinese A Shares?
Replies: 41
Views: 4322

Re: Why is it ok to avoid Chinese A Shares?

hdas, I'll present a very different argument. If you're into market cap sort of investing then it's hard to avoid Simplegift's argument about how much China (and other EM markets) will grow in the next few decades. IMHO, A-shares represent real exposure to China (as opposed to Hong Kong-listed equit...
by wije
Mon Jun 19, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: Opinions on this new fund: suitability for EM small and value
Replies: 22
Views: 4253

Re: Opinions on this new fund: suitability for EM small and value

Ok, aside from the small value benefit of EYLD, what about the buyback aspect? By buying back shares, the companies in the fund are reducing EPS dilution:

http://www.businessinsider.com/chart-of ... rns-2012-8