Riding HEDGEFUNDIE’s excellent adventure

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Semantics
Posts: 284
Joined: Tue Mar 10, 2020 1:42 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Semantics »

Uncorrelated wrote: Thu Oct 22, 2020 3:51 pm
Semantics wrote: Thu Oct 22, 2020 3:14 pm
Uncorrelated wrote: Thu Oct 22, 2020 1:49 pm
stockmaster wrote: Thu Oct 22, 2020 1:06 pm Why would anybody use TMF when TYD has fewer drawdowns and similar market correlation?

Image
You should look at the total portfolio, not the individual parts. TYD is roughly comparable with 40% TMF. If you want to compare these ETF's directly, it would be better to compare TYD with 40% TMF.

I'm fairly certain I did some calculations on TMF/TYD somewhere, but I can't find it. If I remember correctly, the conclusion was that TYD is not worth using because there just isn't enough space in your portfolio to utilize it. If you want to keep the same ratio between equity risk and treasury risk as with 55/45 UPRO/TMF, you would be looking at 33/66 UPRO/TYD. For obvious reasons this has significantly lower expected return and risk. But if you want to take less risk, there are better ways to do that (see viewtopic.php?f=10&t=322366 for inspiration).
When I plugged TYD into your mean variance optimizer (using ter=1.1, itt=3), and set the returns to 3% for ITT and 4% for LTT to try and model expected returns ~10 years ago the solution actually included a decent amount of TYD for a gamma = 2 investor. It gave approx 30% UPRO / 20% TMF / 50% TYD. For gamma = 1 it was pretty close to 50% UPRO / 50% TMF as expected. So would it be fair to say that TYD may have made sense in the past, and may make sense in the future for some levels of risk aversion if treasury yields rise? It seems like there's a point where the LTT-ITT spread is too small to justify the extra risk for investors who are slightly more risk averse.
I suppose that simulation didn't include total stock market? I always find decent allocations to total stock market at the high gamma's.
I had S&P 500 in there but not TSM. The simulation chooses the latter over the former, but it doesn't seem to make a big difference. In any case, I have to go back quite a bit in time to much higher yields to get a significant allocation to TYD so I agree it makes sense not to consider it now. I like this exercise as an illustration of your MVO being more powerful than backtesting - the optimizer would have matched the backtests if run 10 years ago, and now it's indicating to change things up slightly.
keith6014
Posts: 443
Joined: Thu Jan 02, 2014 11:58 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by keith6014 »

whodidntante wrote: Tue Oct 20, 2020 9:38 pm
corp_sharecropper wrote: Sat Oct 03, 2020 5:12 pm One thing I'm curious to hear what others think about is cheaper, more efficient/customizable alternatives. I'll explain where I'm coming from here. I'm assuming that anyone on bogleheads is already in the >95th percentile of both financial literacy, attention to the current financial landscape, and desire to learn more about finance/investing. So regardless of the simplicity and hands-off mantra of bogleheads, there seems to me both the aptitude and willingness/desire to be hands-ON and accepting of at least moderate "complexity". So why not implement this with futures? Either both sides of the equation (stocks & bonds) or one of them at least. My personal preference would be equities held outright, and treasury exposure through futures. The main hurdle with that is the notional value of a single treasury futures contract (going to be > $100K). It would definitely be cheaper than these LETFs. I also get the sense that people like the HF implementation (using LETFs), due to the fact that it uses implicit leverage, which means there's no margin to monitor on a personal level. That said, it would take a combination of the grossest of negligence along with incredibly bad market conditions to blow up an account using treasury futures, at the same amount of leverage as TMF. Honestly, you'd really have to try to blow it up, it's just not going to happen. I also adamantly believe having just long treasuries and stocks is sub optimal, and has potential to be a problem at some point but that's something for different thread. So I'm curious what some of you think on the points/opinions/assumptions I've described.
Most of the time I get no engagement when I suggest futures for various use cases that come up on this site. From the age of your unloved post, the same happened to you. I've just decided that is what happens when I bring up futures. I must be speaking gibberish. Do you want to join my gibberish club? :P
I wish there was more talk about options, futures and FX for this strategy. I would subscribe.
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RovenSkyfall
Posts: 265
Joined: Wed Apr 01, 2020 11:40 am

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by RovenSkyfall »

keith6014 wrote: Sat Oct 24, 2020 7:17 am
whodidntante wrote: Tue Oct 20, 2020 9:38 pm
corp_sharecropper wrote: Sat Oct 03, 2020 5:12 pm One thing I'm curious to hear what others think about is cheaper, more efficient/customizable alternatives. I'll explain where I'm coming from here. I'm assuming that anyone on bogleheads is already in the >95th percentile of both financial literacy, attention to the current financial landscape, and desire to learn more about finance/investing. So regardless of the simplicity and hands-off mantra of bogleheads, there seems to me both the aptitude and willingness/desire to be hands-ON and accepting of at least moderate "complexity". So why not implement this with futures? Either both sides of the equation (stocks & bonds) or one of them at least. My personal preference would be equities held outright, and treasury exposure through futures. The main hurdle with that is the notional value of a single treasury futures contract (going to be > $100K). It would definitely be cheaper than these LETFs. I also get the sense that people like the HF implementation (using LETFs), due to the fact that it uses implicit leverage, which means there's no margin to monitor on a personal level. That said, it would take a combination of the grossest of negligence along with incredibly bad market conditions to blow up an account using treasury futures, at the same amount of leverage as TMF. Honestly, you'd really have to try to blow it up, it's just not going to happen. I also adamantly believe having just long treasuries and stocks is sub optimal, and has potential to be a problem at some point but that's something for different thread. So I'm curious what some of you think on the points/opinions/assumptions I've described.
Most of the time I get no engagement when I suggest futures for various use cases that come up on this site. From the age of your unloved post, the same happened to you. I've just decided that is what happens when I bring up futures. I must be speaking gibberish. Do you want to join my gibberish club? :P
I wish there was more talk about options, futures and FX for this strategy. I would subscribe.
Look at the last couple of pages of the actual thread. This thread is just to discuss results.
I saved my money, but it can't save me | The Chariot
Ramjet
Posts: 947
Joined: Thu Feb 06, 2020 11:45 am
Location: Ohio

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Ramjet »

Thinking of moving towards the target volatility approach but here it is:

Start date: June 2019
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return total: 57%
Initial contribution: $30K
Additional contributions: $0
Portfolio location: Roth IRA, M1Finance
VT & HFEA
Topic Author
CanaBogle24
Posts: 22
Joined: Sat Jun 27, 2020 7:47 am

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by CanaBogle24 »

Fun to give the update after the first full quarter in the game. Here's to hoping the next few quarters will look the same 8-) Happy new year, all :sharebeer

Start date: 9/28/20
Approach: Fixed allocation - 33/32/35 UPRO/TQQQ/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): 21.1% / 0.0%
Initial contribution: $48,000 (~10% of invested assets)
Additional contributions: $1,500 / month
Current balance: $64,506

Mix before latest rebalance:
UPRO: 34.9% (33% target)
TQQQ: 34.8% (32%)
TMF: 30.2% (35%) <-dragged up by additional monthly contributions
jeremyl
Posts: 289
Joined: Sat Dec 20, 2014 8:38 am
Location: Indiana

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by jeremyl »

Giving this a go to start the new year on Monday 1/4. Right now plan to do in a separate Roth IRA with Fidelity but contemplating a taxable at Fidelity to help with goal of being FIRE as I need the taxable to grow to cover the gap years until pension can kick in if I do FIRE.


Start date: 1/4/21
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return (total / YTD):
Initial contribution: $10,000 (just under 3% of our portfolio)
Additional contributions: Yearly Roth amounts unless I start in taxable.
lkar
Posts: 317
Joined: Sat May 04, 2019 4:02 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by lkar »

Start date: 5/23/19
App: Fixed allocation. From 5/23/19-2/11/20 40/60 UPRO/TMF. From 2/11/20- 55/45 UPRO/TMF.
Rebalancing frequency: 6 mos.
Return (total/CAGR) 92%/49%
Initial contribution: $25k
Current: $48k
Additional contributions: $30.00
Portfolio location: Roth IRA/Fid
BullHouse_BearMarket
Posts: 63
Joined: Sun Jul 10, 2016 4:19 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by BullHouse_BearMarket »

BullHouse_BearMarket wrote: Thu Oct 01, 2020 7:43 am Today is rebalance day for me.

Start date: 11/7/2019

Approach: Fixed allocation - 55/45 UPRO/TMF

Rebalancing frequency: Quarterly

Return (total / YTD): 61% / ?

Initial contribution: $10,000

Additional contributions: $4,000

Portfolio location: Roth IRA, M1Finance
Rebalanced today. Return since inception is 82%
civex
Posts: 36
Joined: Wed Dec 17, 2014 12:06 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by civex »

Start date: 2/2/21
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): 0.58%% / 0.58%
Initial contribution: $9777.09 Roth IRA <2% of portfolio total; ~5% of Roth
Additional contributions:$0
Current balance: $9833.81
Brokerage:M1 Finance Roth IRA

I've been reading and watching how this portfolio has performed on and off over the last year, but wasn't sure I wanted to join the adventure until I saw how it performed through a major drop like Covid. I'm going to stick with the initial plan for a year and assess if we want to risk additional funds. Remainder of our portfolio is in a standard 2 fund 75/25 VTSAX/Total bond portfolio.

I'm hoping this will increase our odds of hitting 1M by 35. :sharebeer
Impatience
Posts: 391
Joined: Thu Jul 23, 2020 3:15 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Impatience »

CanaBogle24 wrote: Fri Jan 01, 2021 8:06 am Fun to give the update after the first full quarter in the game. Here's to hoping the next few quarters will look the same 8-) Happy new year, all :sharebeer

Start date: 9/28/20
Approach: Fixed allocation - 33/32/35 UPRO/TQQQ/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): 21.1% / 0.0%
Initial contribution: $48,000 (~10% of invested assets)
Additional contributions: $1,500 / month
Current balance: $64,506

Mix before latest rebalance:
UPRO: 34.9% (33% target)
TQQQ: 34.8% (32%)
TMF: 30.2% (35%) <-dragged up by additional monthly contributions
I have almost the same allocation and almost the same return, having begun last august. Phew! Sometimes I feel like I must be doing something wrong ... not sure why.
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danbdzs
Posts: 55
Joined: Mon Feb 17, 2020 6:29 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by danbdzs »

Interesting, and for future reference

Start date: 2/15/21
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): na
Initial contribution: $17k
Additional contributions: $1-3k/month (Until 5-10% of portfolio, with a maximum of 10%)
Current balance: $ 17k
Lost Halls
Posts: 6
Joined: Sun Aug 11, 2019 9:09 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Lost Halls »

Start date: 07/17/2019

Approach: 50% is dedicated to a 25% target volatility approach / 50% is dedicated to minimum variance with 20-day volatility look back.

Assets used for each model are: FNGU (or TQQQ depending on momentum)/TMF

Rebalancing frequency: Monthly via an automated script that calculates target percentages and makes the trades on the last trading day of each month (right before market close).

Return (total / YTD): hard to determine at this point as I have switched strategies/assets/brokerages since my start date.

Initial contribution / related contributions: started with $100 and have continually added.

Current balance: around $31,000

Brokerage: Robinhood, but will be switching over to IBKR in the next couple of months.
euphonious
Posts: 115
Joined: Tue Aug 04, 2020 2:43 am

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by euphonious »

Hodgepodge of accounts, far from disciplined.

Start date: August, 2019
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Rebalance through contributions (roughly every 2-3 months), because taxable.
Return (total / 1m): 86.06% / 5.21% (using 1m instead of YTD because it's the closest data point from M1 Finance)
Initial contribution: $2k
Additional contributions: $10k total since inception.
Portfolio location: Taxable, M1Finance

Start date: September, 2019
Approach: Fixed allocation - 43/57 UPRO/EDV
Rebalancing frequency: Rebalance through contributions (roughly every 2-3 months), because taxable.
Return (total / 1m): 72.89% / 4.47%
Initial contribution: $1k
Additional contributions: $6k total since inception.
Portfolio location: Taxable, M1Finance

Start date: September, 2020
Approach: Target Volatility using UPRO/TQQQ/TMF - 25% volatility, 69/31 UPRO/TQQQ, 1 month lookback
Rebalancing frequency: Rebalance through contributions (roughly every 2-3 months), because taxable.
Return (total / 1m): 16.84% / 6.12%
Initial contribution: $500
Additional contributions: $1.25k total since inception.
Portfolio location: Taxable, M1Finance

Start date: September, 2020
Approach: Inverse Volatility using UPRO/TQQQ/TMF - 69/31 UPRO/TQQQ, 1 month lookback
Rebalancing frequency: Rebalance through contributions (roughly every 2-3 months), because taxable.
Return (total / 1m): 6.29% / 0.17%
Initial contribution: $500
Additional contributions: $1.25k total since inception.
Portfolio location: Taxable, M1Finance

Initial and additional contributions combined are less than 0.33% of net worth. Obviously this is not a significant part of my portfolio, and I'm mainly doing this out of curiosity / boredom.

Because of various reasons, I could not use any tax advantaged accounts for these adventures. If I had the option to, I would have. I do not recommend doing this in taxable.

I'm also incredibly guilty of timing my contributions. I could never shake the idea from the back of my mind that long term treasuries are doomed because of low rates, even with yield curve convexity and unpredictability of future rates. So I tended to contribute during periods that favored adding to the equity portion over the bond portion.

I should probably find a better hobby, tbh. 😆🤷‍♀️
Afrofreak
Posts: 9
Joined: Sat Feb 20, 2021 3:09 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Afrofreak »

Start date: May 2020
Approach: Fixed allocation - 70/30 TQQQ/TMF
Rebalancing frequency: 1st of every quarter
Return (total / YTD): 87%/-3.5% through end of Jan. 2021
Initial contribution: $25k
Additional contributions: $3k per month

I'm 22 and want to achieve FI as soon as humanely possible, so I'm going all-in. This portfolio represents about 70% of my NW (with most of the rest being in cryptos that have been on a tear lately :D ) I'm also in the process of borrowing another $36k to invest. If we repeat the 2010s, I could retire already and just watch my money grow, but realistically I think I'll wait till this has ballooned to $250k minimum before pulling the plug and divesting a portion of it into a "safe" asset mix at every milestone I hit. For the time being I've set my sights on 10% every $250k ($25k @ $250k, another $50k @ $500k, etc.) into 70/30 ACWV/TLT to limit drawdowns and volatility as much as possible while still achieving a solid 8% return.

Hoping to be a millionaire before 30, as crazy as that sounds. Losing it all would be painful to say the least, but I am thankful to have a government job, emergency funds and family that could support me in a time of need. Moreover, I live in Canada so there are fewer concerns when it comes to being unemployed and using this strategy: Don't need to worry about health insurance or short-term capital gains, generous unemployment insurance, decent old age security.

I would have to start over building assets for retirement again, but with a loooooong runway ahead, I should be OK. The next 3-5 years will be the most crucial ones in determining whether I get to break free and live life on my own terms or whether I'm strapped in for the long-haul. Wish me luck... I'm gonna need it.
lkar
Posts: 317
Joined: Sat May 04, 2019 4:02 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by lkar »

lkar wrote: Fri Jan 01, 2021 9:37 am Start date: 5/23/19
App: Fixed allocation. From 5/23/19-2/11/20 40/60 UPRO/TMF. From 2/11/20- 55/45 UPRO/TMF.
Rebalancing frequency: 6 mos.
Return (total/CAGR) 92%/49%
Initial contribution: $25k
Current: $48k
Additional contributions: $30.00
Portfolio location: Roth IRA/Fid
Ever since I posted, TMF has been getting crushed!
Volkl_One
Posts: 10
Joined: Tue May 14, 2019 8:00 am

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Volkl_One »

Volkl_One wrote: Tue Sep 29, 2020 10:02 am Start date: 2/28/20
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): 17.11% / 17.11%
Initial contribution: $38k (~33% of invested assets)
Additional contributions: $6,000 / year (committed for at least first year, then re-evaluate)
Portfolio location: Roth, Charles Schwab
Today was rebalancing day for me so I figured an update was due. TMF had a very bad quarter but UPRO did alright. My numbers might be a little off as I sold covered calls on TMF and UPRO during this period and got assigned a few times.

Start date: 2/28/20
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): 17.75% / -12.95%
Contribution: $64k (~23% of invested assets)
Additional contributions: $6,000 / year
Alaric
Posts: 105
Joined: Tue Feb 05, 2019 1:38 pm
Location: Florida

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Alaric »

Start date: 02/27/19
Approach: Fixed allocation: 02/27/19 — 10/01/19: 40/60 UPRO/TMF
10/01/19 — 02/10/20: 55/45 UPRO/TMF
02/11/20 — 12/31/20: 30/25/45 UPRO/TQQQ/TMF
01/01/21 — present: 30/30/40 UPRO/TQQQ/TMF
Rebalancing frequency: Quarterly (actual rebals 10/1/19; 2/11/20; 4/6/20; 7/1/20; 10/1/20; 1/6/21; 3/31/21)
Return (Total / CAGR): 81.3% / 52.1%
Initial contribution: $10k (~5% of invested assets) 2/27/19
Additional contributions: $28.5k added 2/11/20
HFEA weight of total portfolio: 15%
Portfolio location: Roth IRA, E*Trade
Topic Author
CanaBogle24
Posts: 22
Joined: Sat Jun 27, 2020 7:47 am

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by CanaBogle24 »

Start date: 9/28/20
Approach: Fixed allocation - 33/32/35 UPRO/TQQQ/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): 11.78% / -6.74%
Contributions: $48k initial + $10k incremental (total is <10% of invested assets)
Portfolio location: Taxable, M1Finance

Today's my scheduled rebalance day, but I'm going to skip it. I've used some additional contributions to nudge things back toward my target allocation, but actual is sitting at 40/34/26 UPRO/TQQQ/TMF. I'll likely hold off on additional contributions or rebalancing until I either feel a bit better about TMF's near/mid-term prospects or start to get uncomfortable with the excessive equity allocation.
jeremyl
Posts: 289
Joined: Sat Dec 20, 2014 8:38 am
Location: Indiana

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by jeremyl »

jeremyl wrote: Fri Jan 01, 2021 8:39 am Giving this a go to start the new year on Monday 1/4. Right now plan to do in a separate Roth IRA with Fidelity but contemplating a taxable at Fidelity to help with goal of being FIRE as I need the taxable to grow to cover the gap years until pension can kick in if I do FIRE.


Start date: 1/4/21
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return (total / YTD):
Initial contribution: $10,000 (just under 3% of our portfolio)
Additional contributions: Yearly Roth amounts unless I start in taxable.
Rebalanced this week. I went with 60/40 on the rebalance.
Made just a little bit this quarter.

Start date: 1/4/21
Approach: Fixed allocation - 55/45 UPRO/TMF
Rebalancing frequency: Quarterly
Return (total / YTD): 1.67%
Initial contribution: $10,000 (just under 3% of our portfolio)
tchoupitoulas
Posts: 65
Joined: Wed Jan 11, 2017 9:20 am

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by tchoupitoulas »

tchoupitoulas wrote: Wed Sep 30, 2020 7:53 pm Start date: 4/3/2019

Approach until 10/2019:
Fixed allocation - 40/60 UPRO/TMF
Rebalancing frequency: Quarterly

Approach 10/2019 to present:
Adaptive allocation (risk parity)
Rebalancing frequency: Monthly

Return (total / YTD): (77%/25%)
Initial contribution: $36K
Additional contributions: None
Portfolio location: M1
Checking in on my two year anniversary.

Return (total / past year): 72% / 27.5%
(vs. 39% for the S&P over the past two years)
No additional contributions or changes to the strategy since my last post.
jarjarM
Posts: 1131
Joined: Mon Jul 16, 2018 1:21 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by jarjarM »

May as well, a bit over 2 year now in this.

Start Date: March 10, 2019
Initial investment: $100k (no additional contribution)
Initial allocation: 50/50 (UPRO/TMF) - didn't quite buy in on the 40/60 argument in the OG thread.
New allocation 1: 55/45 (UPRO/TMF) - based on 2nd thread.
Rebalance quarterly initially but switch over to TAA method
Current allocation: (84/16) - no rebalance until 10yr rate >2-2.5%

Return (total/ 1 yr) 135%/94%

Brokerage - Fidelity

March 2020 was quite brutal for this strategy but the rebound is also fast and furious. In holding pattern for rebalancing as I have substantial exposure to LTT elsewhere in my portfolio.
rchmx1
Posts: 339
Joined: Sat Oct 26, 2019 6:38 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by rchmx1 »

Passed my "1 year anniversary" on 3/18/21. Anniversary in quotes because I'm counting my start date as when I started playing around with small dollar amounts in LETFs. I didn't move to a more conventional mix of UPRO/TQQQ/TMF until 7/17/2020. Also for simplicity sake, I now bucket off the portion of my HFEA that is in my 401k for tracking purposes. Not running a traditional fixed allocation, more of an opportunistic yet conservative momentum strategy.

Start date: 3/18/2020
Total contributions: $12.4k
Current allocation: 58.5/33.4/8.1 UPRO/TQQQ/TMF
Total Return: 116.36%
401k at Schwab

My dilemma currently is to see how far TMF will continue to fall before I either reallocate or up the TMF percentage with new money, or a mix of both.
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Gui0507
Posts: 86
Joined: Wed May 13, 2020 4:46 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Gui0507 »

rchmx1 wrote: Tue Apr 13, 2021 5:32 pm Passed my "1 year anniversary" on 3/18/21. Anniversary in quotes because I'm counting my start date as when I started playing around with small dollar amounts in LETFs. I didn't move to a more conventional mix of UPRO/TQQQ/TMF until 7/17/2020. Also for simplicity sake, I now bucket off the portion of my HFEA that is in my 401k for tracking purposes. Not running a traditional fixed allocation, more of an opportunistic yet conservative momentum strategy.

Start date: 3/18/2020
Total contributions: $12.4k
Current allocation: 58.5/33.4/8.1 UPRO/TQQQ/TMF
Total Return: 116.36%
401k at Schwab

My dilemma currently is to see how far TMF will continue to fall before I either reallocate or up the TMF percentage with new money, or a mix of both.
Curious about the 401k at schwab. Do you have that Schwab PCRA offered by some 401k plans? I know my Transamerica plan offers it but with an annual fee of 50.00 to have it opened
rchmx1
Posts: 339
Joined: Sat Oct 26, 2019 6:38 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by rchmx1 »

Gui0507 wrote: Sun May 16, 2021 8:44 pm Curious about the 401k at schwab. Do you have that Schwab PCRA offered by some 401k plans? I know my Transamerica plan offers it but with an annual fee of 50.00 to have it opened
No, I just set up my Individual 401k plan with them, since back then I wanted to have all my accounts at one brokerage, and I knew more people who used and liked Schwab than other brokerages. It was pretty much an arbitrary choice vs Fidelity etc, but for my needs it has worked just fine.
DMoogle
Posts: 205
Joined: Sat Oct 31, 2020 10:24 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by DMoogle »

Gui0507 wrote: Sun May 16, 2021 8:44 pmCurious about the 401k at schwab. Do you have that Schwab PCRA offered by some 401k plans? I know my Transamerica plan offers it but with an annual fee of 50.00 to have it opened
I have the PCRA, but it's through Empower Retirement. No annual fee for me, I don't think.
Z33
Posts: 2
Joined: Fri Jun 11, 2021 11:21 pm

Re: Riding HEDGEFUNDIE’s excellent adventure

Post by Z33 »

Only found HEFA recently and spent the past week reading both threads. Insightful and a fresh way at looking at portfolio management. Markets are at an inflection point, for both equities and bonds, so the jury is still out there if this strategy will perform in the coming decade.

Planning to give it a go, likely starting July to keep things simple and I wanted to see what the Fed has to say this week.

Still working out my allocation - 5% or 10% of my portfolio.

Good luck all.
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