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I was stalking some *very* low-priced puts (like single-digit strikes) as a black-swan type of thing for when the music stops, but even there, the premia exploded. Not sure I'd be willing to touch it with even 'fun' money at this point.
I went lon…
This is a 5 year old thread, but still a timely topic. I'm in PRBLX (now PRILX) and have been very happy w/its stability, performance, and composition. They were one of the few funds to come out rather well during '08, all things considered.
What would be the purpose ultimately? You would bail or add depending on something you saw? Really?
Absolutely I would, yes. Both single-stocks or general allocations, especially in their top-10 percentage.
The ARKs are starting to feel like a bubble to me. Very 1999-like .... what's next? A Cannibus Tech ETF? How about a Tech-Tech ETF? I'm sure the RH'ers will be all over this -- they see ARK and are attracted to it like moths to a flame, at least b…
@Crash, This is my approach, too. Depending on when they were purchased in the fund, I particularly look for holdings that are not 'herd' companies in the top-10, which suggests groupthink and/or closet indexing.
I make sure to check out the bigge…
I didn't see that other thread, so I guess i stand semi-corrected? (thanks!)
Not quite that good. It would be adding a fee on the fund of fund where none currently exists. So virtually no change in total expenses. Here's my comment from the t…
Looks like they are proposing to eliminate the need for shareholders to pay the ERs of the other TRP funds held in these funds AND an ER for the wrapped fund - which is a good thing. Also looks like they're setting themselves up to create new share…
Yesterday and today:
In my more actively managed account ...
Bought medium-sized positions in PFE, VOD, MGGIX (soft closed today; I wanted a global stock fund that was concentrated & agile)
Initiated position in BUG (Cybersecurity ETF) - only…
Per their material: "IVOL is a first-of-its-kind ETF which is designed to hedge the risk of an increase in fixed income volatility and/or an increase in inflation expectations. It also seeks to profit from a steepening of the yield curve, whether t…
Their actively managed options-fu on rates/duration seems to provide some nice yield compared to cash or short-term rates - esp since I think they're using vehicles that us little people don't have acess to. I've been impressed thus far.
@rforno - …
"Retail dummies" says it all right there. They were led into thinking investing was a no-lose low-risk thing that only required actions and thinking akin to "bet it all on red" in Vegas by hitting the big red button. Those burned by the gamificat…
Not sure what you mean by donuts. I mean, all I do is make my morning espressos, log into MFO, check my accounts and OMG WHY DID ONE OF MY FUNDS LOSE 9% OVERNIGHT AND SHOULD I SELL TODAY??
Tis the season --- couldn't resist. ;)
BST or BSTZ or other CEFs might work as well. Also keep an eye on mutual fund expenses (loads, 12(b)-1s, annual expense ratios) ... not sure some of those listed are worth what they charge, even if they look kind of interesting.
Looks like they want to create seperately managed account-type services based around some of their strategies. Other reporting makes it sound like these advisors will continue to advise/run their mutual funds despite being in this new organization.…
I'd been mostly in stocks and some funds since a kid in the '80s. I wanted to get into futures to learn about them as a potential second income stream (active trading). It was an interesting time to be in the markets, as I both 'won' a lot, and lo…
[1] Back when I was still daytrading futures during grad school
Bad idea. Seldom this type of behavior ends well financially or academically.
Actually it paid for a good chunk of my doctoral work (not in finance) plus some extra spending money, s…
I 'went to school' market-wise in 2007-08 during the GFC[1] which means that I did little to anything dramatic during the market gyrations of 2020 ....and little if any of that was on impulse or emotion. If anything, I would sell one thing to imme…
I guess if you don't own PRWCX, VLAAX is a pretty decent alternative. Not thrilled with the ER, but if I didn't own PRWCX in large numbers, I'd strongly consider it.
Getting folks en masse to take the vaccine once is hard enough. Getting them to return for their booster? That'll be an even greater challenge, imho.
@Mark, I am not a pharmacist, but we have doctors and surgeons in our family. Typical 2-shot vacc…
Bought some APR 21 call options on Americold for a very lowball amount. They're a low-paying REIT but pretty much the only name in public REIT-space specializing in refrigerated/cold storage stuff ... call it a speculative play on the vaccine.
Dragon was great - helped me out w/books and articles over the years. Sadly they dropped the Mac version so when i buy it next, it'll be used on Windows via a virtual machine.
Bought 10 22.5/30 JAN 23 combo spread on PING for a credit.
Reason: Been stalking them for a long while, tanked 16% today on an acquisition, and I think the company itself is a possible takeout target at some point.
My TDA guy suggested I leave a foothold in my TD account to keep it active in order to have easy access to my records, statements, tax forms, etc. So I'm doing just that by leaving a few dog stocks DRIPing into themselves --- but otherwise I've b…
This sounds like the ETF version of Barrier Notes / Principal Protected Notes that were all the rage going into the GFC.
You could do the same thing with a short straddle/strangle on the SPY and save your management fee.
Hard pass from me!
Rarely mentioned in articles like this (or political commentary/speeches) is that the vast majority of people who take dividends and capgains will not be affected -- it's only targeted at those making $1M or more per year, but lots of pundits and co…
I know we're getting way off topic for this thread but I was paying $90/mo for Comcast for internet only b/c I didn't need phone or cable, and wouldn't bundle just for the sake of bundling stuff I didn't use and giving them more subscriber counts. …
IMO Schwab's StreetSmart Edge is lightyears behind TDAmeritrade's ThinkDesktop - plus their Mac 'version' feels like a quirky Java-based browser plugin that's nowhere as polished as ThinkDesktop. SSE reminds me of the hideous OptionsXpress active…
I'm 80% moved from TDA > Schwab. They gave me 2 years of free options trades when I moved 200K. I wasn't looking for any bonus, but it was a nice touch. I should followup to see what they'll do for me now that I've moved significantly more o…
