Sophie sums it up nicely. My comments were not meant to be positive or negative...just to point out the PITA factor.

Its way complex...but the bottom line is it isn’t the liquidity being injected but the spread that matters. Wide spread basically means trust is breaking down.

If you are maintaining equal weight then that implies rebalancing after a certain period of time. If you are selecting from an index then your source pool will change through components being added and dropped. You easily could have a stock that doubles and another that halves and all somewhere in b...

https://en.m.wikipedia.org/wiki/Executive_Order_6102 Here ya go and this is exactly why I think paper gold is just fine for a PP. if you are seriously paranoid about this stuff, you need ALOT of gold and a permanent resident visa in the country you are storing it in (and you assume they won’t mess w...

https://www.pragcap.com/three-things-i-think-i-think-repo-madness/ Good article. PS: if you have a brokerage that you can see futures quotes with and monitor stocks, T-bonds, currencies, gold and large industrial commodities it’s pretty easy to see if something is up. I haven’t seen anything to sugg...

I actively trade a 10 stock system and it’s a lot of work. A 50 stock portfolio will be a ton of work subject to human error which you should not underestimate the negative effects of. Unless you are going to try to outperform an index I wouldn’t do it. If you are going to do this I’d look at a brok...

IDK, but if I were a CPA I’d check and if I were successful and busy I probably take a pass.

I would imagine if a CPA handled money they would need to get the associated licenses and would be asking for more oversight and reporting requirements.

How can this hurt Joe Average investors? I don't go around all day thinking about the repo market. Might MM funds "bust the buck"? Since the repo market is apparently the "plumbing" of the banking world, it's not very sexy and hardly anybody (including us) pays much attention to...

There are many now...go to etf.com or etfdb.com or just google Long Term Treasury Funds (or ETFs). If you are in the ETF space I'd probably go with VGLT or SPLT which are 50% cheaper in mngt fees than TLT. EDV is an option as well. The main thing is to check duration and if you go with EDV you could...

I'm curious as to where all the negative interest stuff is going to go which to me is a crisis all by itself. It literally makes no economic sense. (Or if someone has seen a good explanation, please post it. I would enjoy reading about it.) Perhaps it's as easy as there is soooo much money in the wo...

IJS is better than IWN as well (IWN is the value R2K ETF)

sophie wrote: ↑Tue Sep 17, 2019 8:36 am Sounds awful. Kbg, would you like to go to my 11am meeting for me instead? It'll be hugely entertaining. Sigh.

Sure, if you will take my 4pm budget review. ;-)

Small note...if one is going to invest in a small cap index fund, recommend something based on the S&P 600 or other "crap filter" type small cap index. The R2K is not a good index for small caps.

If the readers aren't bored, post away on the current topic. However, this one seems to be getting way in the marginalia and I'm bored.

Well this is complex, a couple of items... 1. There are a LOT of indexes now based on different things (factors, sectors, etc. etc.) One could argue that factor algos are nothing but an automated price discovery mechanism and modern market makers are probably 99.999% automated in terms of trade by t...

A couple of points/thoughts. Pmward is right...you wouldn't be in the PP if not for its quantitative appeal and we know for a fact HB and I forget the gentlemen's name did quantitative analysis on this stuff in the late 70s/80s which is how they came up with the initial concept. I like Cullen Roche'...

I had forgotten about the site and tried it as well, pretty sure it is a dead site now.

If it isn't real, the cheapest mngt fee, full stop.

(Unless you are swinging a very large monetary bat where trade size becomes an issue and in that case fund size/liquidity become the dominant issue.)

I've been with Interactive Brokers for years. For the most part it has been a very good experience. It is more of a high end know what you are doing kind of brokerage but if you are more advanced it is an excellent choice. Doing backdoor ROTH conversions this year was my one very negative experience...

I think it is personal preference really and doesn't matter all that much. If you do the work, you save the management fee. If you buy the fund, you save the personal time fee. To have someone else do it for you it will cost .06-.15% per year.

I have a good friend in Australia and another in Holland who are expats and I had no idea how invasive the US was when it comes to this type of stuff (collecting taxes). They both said that in their respective countries no one will even deal with US citizens in certain financial areas as the hassle ...

In ‘Best Laid Plans’*, Browne wrote that “even if your government were to prohibit you (and every other resident of your country) from holding gold, you probably could take your time about complying with the edict— if the gold were beyond the easy reach of your government.” What we *know* has chang...

IIRC both sides' indexes were highlighted, some googling will enable one to find out the ETFs associated with each version. https://www.etf.com/channels/momentum-etfs https://etfdb.com/etfs/investment-style/high-momentum/ https://www.etf.com/channels/low-volatility-etfs https://etfdb.com/etfs/invest...