Talking stocks, trading, and investing in general

[brokencycle]

Damn, I must not be baller enough.

Was there any doubt?

 

[patrickBOOTH]

Nah, not really...

 

[cross22]

A few years ago I lost my Amex and called them to get a replacement. She asked me if I needed the card quickly, I said no because I have a visa card that I can use until the replacement Amex arrives. She overnighted it anyways.

 

[ThinkDerm]

Getting quoted 30yr mortgage rates at my 15yr rate though the fees are quite high. I wonder how the fees can swing so wildly from the same company on a day-to-day basis.

would you kindly share what rates are you being offered?

 

[Omega Male]

This is good. What a **** show.

WeWTF | No Mercy / No Malice

Really? Really? I’ve started nine firms and I’m, generously, 3-4-2 (win-lose-tie). In retrospect, and I think about this a lot, the only reliable forward-looking indicator of our firm’s success or failure was … timing. Specifically, the part of the economic cycle at founding. The firms we...

www.profgalloway.com

 

[Piobaire]

LOL, that is hilarious. One thing the author said right at the beginning though about what part of the marco cycle we're in and finding staff? My god, during the Great Recession my staffing was so good and so easy. Tenure rose dramatically as people were too paranoid to job hop...and this is in healthcare!

 

[brokencycle]

No joke, if they go public I may move my entire retirement account into shorting them.

 

[venividivicibj]

My Ritz is really solid metal and same deal about having to send it back. I don't really like it and wish is was simple plastic or something.

The new version (while still metal) is much lighter

 

[venividivicibj]

Anyone follow this Risk Parity 3x Leverage ETF strategy thread on Bogleheads?

HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
https://www.bogleheads.org/forum/viewtopic.php?f=10&t=272007

I don't pretend to understand all of the backtesting data and discussions (also sheer amount of replies) but find it interesting to read and follow the debate.

Anyone else trying this out//have any opinions?

 

[stimulacra]

Anyone else trying this out//have any opinions?

Mulling over maybe 5% or 10% exposure. Trying to figure if it's best done within a taxable account, Roth or traditional IRA.

Look's like the OP modified their allocation a bit in a new thread:

HEDGEFUNDIE's excellent adventure Part II: The next journey

HEDGEFUNDIE's excellent adventure Part II: The next journey - Bogleheads.org

55% UPRO / 45% TMF

 

[patrickBOOTH]

Wework is a disaster for sure. I literally lol'd at the EBB "Earnings before Gluten" line.

I heard that Wework doesn't cover meal expenses for its employees during travel if it contains meat. I am serious.

 

[jbarwick]

would you kindly share what rates are you being offered?

Current rates I am seeing are 3.375% 30yr, 3.0% 15yr.

 

[patrickBOOTH]

I have 4.375% now. Maybe I should refinance.

 

[jbarwick]

Mulling over maybe 5% or 10% exposure. Trying to figure if it's best done within a taxable account, Roth or traditional IRA.

Look's like the OP modified their allocation a bit in a new thread:

HEDGEFUNDIE's excellent adventure Part II: The next journey

HEDGEFUNDIE's excellent adventure Part II: The next journey - Bogleheads.org

55% UPRO / 45% TMF

With a quarterly rebalance, it would be rough in taxable. From a return standpoint, you get roughly a 1% additional return for every 5% exposure you have to this if I calculated it correctly.. My thought is, 5 years down the road, am I going to stick with this?

Another experiment would be to market time and jump in once a bear market starts. Looking at Portfolio Visualizer, plug in a 100% SPY vs. his 45/55 portfolio, and it handily beat. Then again you are timing. I don't know, maybe worth a gamble to scratch a bug?

 

[jbarwick]

I have 4.375% now. Maybe I should refinance.

Sent a note to my BIL and he said it would be north of $20K to refi due to closing costs. I really don't understand why they are charging him a % basis vs. flat dollar amount. Maybe different banks do it differently?