|
06-08-2018, 05:06 PM | #1951 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $198468
|
Quote:
That said, I don't see why you'd choose the 5% upfront charge on assets model. It limits what the advisor could choose because not everything has an A share with a front end load. Also, your strategy seems to be a short term thing based on high volatility. If assets are being chosen based on high volatility, it makes sense you'd want to sell those and adjust to a different porfolio once volatility subsides. The 5% up front load only seems to make sense cost wise if you plan to hold over the long term. In that same vein, if you're unhappy with your advisor or the 5% load funds they invested in, it's harder or more costly to switch to a new advisor and plan. We're not in a higher volatility market currently though. The market is bouncing around on tariffs and things like Quitaly a week ago but volatility is back way down. The WSJ had an article the other day about how the 'low vol' trade is back at January levels. The VIX is back down at 12 from the 30's levels when those idiots got squeezed and popped the vix up crazy high because they were in triple levered short positions against the VIX futures. Maybe it'll change soon |
|
Posts: 6,305
|
06-08-2018, 05:23 PM | #1952 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
|
Posts: 40,808
|
06-08-2018, 05:39 PM | #1953 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $198468
|
|
Posts: 6,305
|
06-08-2018, 05:44 PM | #1954 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
|
Posts: 40,808
|
06-08-2018, 05:49 PM | #1955 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $321900
|
Quote:
I got in at $7. I think we see it continuing to move up in the future. There's is a possibility that other major players come into focus with legalization though. It's kind of a crapshoot but a gamble worth taking, IMO. Canopy Growth seems to value taking over smaller companies to set a monopoly type system. I like it. But set your stop losses if you've got large capital sitting there with nice gains!
__________________
2024 Royals game thread record 3-0 |
|
Posts: 46,095
|
06-08-2018, 06:08 PM | #1956 |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $198468
|
Any thoughts on Altaba (Yahoo) selling off a huge chunk of Alibaba? I think they're selling 25% of Alibaba's total shares. They're going to sell off 100 million alibaba shares and buyback 195 million of their own to decrease the gap between values. Seems like it could hurt BABA stock for a bit, dunno. Not sure I'll do anything for now.
I sold off my MTUM shares the other day and I've been thinking about grabbing the new Vanguard quant momentum fund that covers from small to large caps. I've been watching their multifactor strategic beta quant modeled funds since the launch. It seems really interesting. Most modern financial studies show that strategic beta beats the market but the issue has been at what cost. VFMF is their multifactor ETF inclusive of liquidity screen w/ Quality, value, and momentum weightings. .18% but it seems like it could easily be worth it |
Posts: 6,305
|
06-08-2018, 09:21 PM | #1957 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $321900
|
Quote:
Didn't know that about BABA. I made some nice money swing trading BABA over the last month. Just increased my long term position on the dip today as well. I'm bullish on BABA. I too just sold my MTUM shares @112 this week. Made a nice profit of about 9% but looking for something else as well. I know the basics about multifactorial funds but can you elaborate on their goals/difference from regular ETFs? Part of me wants to hedge against a market drop with an inverse play like SDOW.
__________________
2024 Royals game thread record 3-0 |
|
Posts: 46,095
|
06-08-2018, 09:54 PM | #1958 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $10419646
|
IQ is still on a hell of a run. Since buying in 2 weeks ago, it has gone up 44%.
HUYA is also rising at a similar rate. |
Posts: 23,055
|
06-09-2018, 04:09 AM | #1959 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
|
Posts: 40,808
|
06-09-2018, 04:17 AM | #1960 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
Quote:
I looked up SDOW out of curiosity. I don't get it ??? It's objective is to lose money and according to it's history it's done that quite well. average return of -37% last 10 years. |
|
Posts: 40,808
|
06-09-2018, 07:37 AM | #1961 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $321900
|
Quote:
The reason it’s lost so much money is because it does the opposite of the market and since we’ve had a historic run, it’s obviously gone down in value.
__________________
2024 Royals game thread record 3-0 |
|
Posts: 46,095
|
06-09-2018, 07:46 AM | #1962 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $198468
|
Quote:
I'm unsure whether they'll be right and I can't wait 20 years to find out but I have put a small amount of my IRA into VFMF for now. I also, don't have the credentials to get hired as a quant at Renaissance or I'd be in their Medallion fund that returned 70% annually for two decades. |
|
Posts: 6,305
|
06-10-2018, 11:25 AM | #1963 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
For those of you looking for dividends here's a good list of companies that have increased their dividends every year for the last 50 years:
http://dennismccain.weebly.com/dividend-kings.html |
Posts: 40,808
|
06-11-2018, 08:30 PM | #1964 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $321900
|
Quote:
__________________
2024 Royals game thread record 3-0 |
|
Posts: 46,095
|
06-12-2018, 07:22 AM | #1965 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $120477
|
Added this morning:
SOGO HMI |
Posts: 40,808
|
|
|