Search found 25 matches

by MarginVariation
Sun Sep 08, 2019 10:28 pm
Forum: Money Questions
Topic: Why Index Funds Are Like Subprime CDOs
Replies: 108
Views: 10333

Re: Why Index Funds Are Like Subprime CDOs

Epsilon Theory had a piece here that summarizes it. Not so much that index funds are the problem but "Always Be Buying" https://www.epsilontheory.com/ive-got-a-secret/ To quote: Always. Be. Buying. And the Common Knowledge surrounding passive investing – what everyone knows that everyone knows about...
by MarginVariation
Sun May 20, 2018 7:59 am
Forum: Money Questions
Topic: Optionality/High Risk High Reward Speculation Via.....Sports Betting?
Replies: 13
Views: 1151

Re: Optionality/High Risk High Reward Speculation Via.....Sports Betting?

I too am attempting to implement barbell type strategies. What other domains of investments are you seeking in the 10% optionality?

I've done prop betting for awhile, the problem is leaving money in all sorts of places to find the right price. Many are limited in bet size too.
by MarginVariation
Sun Jul 10, 2016 5:44 pm
Forum: Money Questions
Topic: Tastytrade
Replies: 11
Views: 2351

Re: Tastytrade

If you are BRAND new to options trading, paper money is fantastic to learn the various expiration payoff strategies, how the greeks interact to price movement and structuring trades. Beyond that, there is no better tool than risking your own capital because it's simply not the same. I make 50-60% y/...
by MarginVariation
Sat Jul 09, 2016 4:36 pm
Forum: Money Questions
Topic: Tastytrade
Replies: 11
Views: 2351

Re: Tastytrade

I watched their show religiously for about a year and no longer do so. Treat them as pure entertainment and nothing more. There is a giant thread on Elite Trader bashing that recently got taken down. However, I still do trade options rather actively and will be doing so on most of my net worth as I ...
by MarginVariation
Fri May 13, 2016 9:04 pm
Forum: Money Questions
Topic: "You can't time the market" and other enervating slogans
Replies: 36
Views: 5948

Re: "You can't time the market" and other enervating slogans

TRY posting that on reddit/financialindependence :) You get shot down incredibly quick for offering risk reduction strategies such as TAA the B&H crowd loves quoting the 7% real returns generated by the market..relying on history(and a 4% SWR to go with it). If you also rely on history and backtest ...
by MarginVariation
Wed May 11, 2016 12:42 pm
Forum: Money Questions
Topic: Better Investing by LEAPS and Bonds...
Replies: 8
Views: 1746

Re: Better Investing by LEAPS and Bonds...

I'm not familiar with the book, but I'm quite familiar with trading options. So you are buying 90% bonds and 10% LEAPs on say the SPX. Ok. Got it. Based on what you've described above this is is no better than being long 90% bonds and long 10% SPX. In fact it's worse - because as an option buyer yo...
by MarginVariation
Thu Sep 24, 2015 9:01 pm
Forum: Money Questions
Topic: Anyone play the Volatility Index?
Replies: 12
Views: 2520

Re: Anyone play the Volatility Index?

Like Jenny, I cannot walk away either.

However, I mostly trade short VIX based on this paper

http://papers.ssrn.com/sol3/papers.cfm? ... id=2255327

It's a mean reversion strategy to be long XIV (short VIX) when implied volatility is greater than the 5 day historical vol of SPX.
by MarginVariation
Wed Aug 12, 2015 8:14 am
Forum: Money Questions
Topic: Faber Global Value Fund
Replies: 11
Views: 1916

Re: Faber Global Value Fund

Also invested in a small piece in GAA. I believe he charges 0%.

Cambria Global Asset Allocation ETF(NYSEARCA:GAA)

Rationale is in his new book "Global Asset Allocation"
by MarginVariation
Thu Jul 23, 2015 12:12 pm
Forum: Money Questions
Topic: Let's talk about the long term effectiveness of index funds
Replies: 26
Views: 4700

Re: Let's talk about the long term effectiveness of index funds

Jacob has touched on this subject in one of his previous posts that a stock market is not some automatic generator of wealth. Cash flow is more important than net worth Outside of this forum, if you head over to bogleheads, MMM or reddit the dogma is to buy & hold (hope) citing long run returns. If ...
by MarginVariation
Thu May 28, 2015 8:11 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1527
Views: 270676

Re: Investments Trade Log

I probably have 20% of my portfolio in cash. This isn't from selling because of an expected crash. It's just how my portfolio fluctuates. For instance, I finally sold my Greece ETF (GREK), as I could make a nice profit and the level of risk was getting rather high. I'm not selling my oil stock purc...
by MarginVariation
Tue May 26, 2015 8:19 am
Forum: Money Questions
Topic: Why No ERE Love For Investing in Rental Property?
Replies: 62
Views: 15500

Re: Why No ERE Love For Investing in Rental Property?

I don't actually have data on Real Estate volatility but wouldn't one assume it is riskier for people to be leveraging 5:1 (20% down payment) into essentially a one asset strategy? Take any average joe off the street and ask him what is riskier, 1) buying a home with 20% down and taking on high pile...
by MarginVariation
Tue May 19, 2015 9:21 pm
Forum: Money Questions
Topic: Investments Trade Log
Replies: 1527
Views: 270676

Re: Investments Trade Log

Hi, Usually I keep most of my money in VTI, but I recently took a lot of money out of that fund as I think the US stock market is high now. I have $400K total to invest. $154K is in cash. $109K is in oil (USO, BP, PSX). $51K is in bonds (TFI, VGSH). $11K is in international ETF (IXUS). $71K is in U...
by MarginVariation
Tue May 19, 2015 9:18 pm
Forum: Money Questions
Topic: Starting Businesses!
Replies: 5
Views: 1740

Re: Starting Businesses!

What type of businesses are these? E-commerce? Selling digital products? Services? Out of curiosity as I am looking to start something on the side on top of my day job...just to be more robust and not rely on one income.
by MarginVariation
Fri Mar 13, 2015 7:50 am
Forum: Work & Education
Topic: Driving for Uber?
Replies: 5
Views: 1821

Re: Driving for Uber?

http://www.reddit.com/r/personalfinance ... er_driver/

You can make good side money but according to the thread, the potential liability is too large.
by MarginVariation
Fri Mar 13, 2015 7:46 am
Forum: Money Questions
Topic: Greece can now use pensions to pay debts.
Replies: 10
Views: 1736

Re: Greece can now use pensions to pay debts.

Awful news. Never good to see pensions "plundered." It has happened in the past here in Canada, certain provinces at least have raided or otherwise redirected pension monies into their own spending initiatives. For the case I'm thinking of, the provincial government eventually did repay the money i...
by MarginVariation
Mon Nov 17, 2014 11:47 am
Forum: Money Questions
Topic: Leveraged Permanent Portfolio Experiment
Replies: 28
Views: 8496

Re: Leveraged Permanent Portfolio Experiment

What are you utilizing for the backtesting? Is it a paid commercial software?
by MarginVariation
Fri Nov 14, 2014 8:03 pm
Forum: Money Questions
Topic: Anyone Sell Options?
Replies: 19
Views: 8351

Re: Anyone Sell Options?

Thanks for the links to the articles - will check them out this weekend. For fear of sounding like an idiot - what exactly is holding institutions from jumping in the CEF? Why is it largely retail user base? My comment on the verticals were both that it is more margin efficient and the payoff at exp...
by MarginVariation
Fri Nov 14, 2014 5:55 pm
Forum: Money Questions
Topic: Leveraged Income Experiment
Replies: 201
Views: 35413

Re: Leveraged Income Experiment

I've tracked GTOO's list of tickers on my watch list and have been watching it daily. I feel it's way too risky, the week to week volatility is as high as 10%+. I want to try this on a small scale but I personally feel the risk is too high...especially on margin.
by MarginVariation
Thu Nov 13, 2014 10:27 am
Forum: Resources & Recommended Reading
Topic: Jacob casually mentioned in The Atlantic
Replies: 13
Views: 4754

Re: Jacob casually mentioned in The Atlantic

Read the comments section - it's overly negative with a focus on this guy being a major mooch. "And yet he drinks clean water and breathes air overseen by the EPA. He enjoys food subsidized by the Dept of Agriculture and brought to his table by the Dept of Transportation over federal roads. His pers...
by MarginVariation
Sun Nov 09, 2014 1:13 pm
Forum: Money Questions
Topic: Anyone Sell Options?
Replies: 19
Views: 8351

Re: Anyone Sell Options?

I would certainly be interested in any articles you have on CEF's you would recommend (including selection criteria and structure). I understand the difference between the two hedges , one should come in a lot faster and another has a time component. Again back to this hedge since you didn't mention...