Search found 1163 matches

by dragoncar
Thu Feb 08, 2018 8:47 pm
Forum: Variable Portfolio Discussion
Topic: PP Inspired Leveraged Portfolios
Replies: 78
Views: 46410

Re: PP Inspired Leveraged Portfolios

I found it interesting that this was posted last year: https://www.zerohedge.com/news/2017-07-25/if-vix-goes-bananas-what-it-might-look I only understand some of those words. Glad I got cold feet about XIV (I held it briefly but realized I didn't fully understand it), plus KGBs ending of the 3x ETF ...
by dragoncar
Tue Feb 06, 2018 2:34 pm
Forum: Variable Portfolio Discussion
Topic: PP Inspired Leveraged Portfolios
Replies: 78
Views: 46410

Re: PP Inspired Leveraged Portfolios

How bout that xiv? I know you expected it to blow up some time but ouch.
by dragoncar
Tue Jan 02, 2018 2:50 am
Forum: Variable Portfolio Discussion
Topic: PP Inspired Leveraged Portfolios
Replies: 78
Views: 46410

Re: PP Inspired Leveraged Portfolios

Will rising rates affect the expenses on the 3x funds or your other strategy?
by dragoncar
Sat Dec 30, 2017 9:09 am
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 576
Views: 170627

Re: 20% annual returns over 40 years...interested?

Thanks again kbg! This portfolio has been good to me especially this year, but I have been feeling the same things you have from risk/reward perspective. Beyond risk, just the ulcer factor IMO is high since there is the potential for an urgent rebalance while I’m on vacation or angsting about decay ...
by dragoncar
Mon Dec 11, 2017 5:02 pm
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 576
Views: 170627

Re: 20% annual returns over 40 years...interested?

So I'm considering adding some XIV but then I realized I was actually confused and it's the opposite of what I was expecting. My thought was that daily volatility hurts (decays) our 3x ETFs. Therefore we could hedge against decay by going long daily volatility. i.e. VIX But XIV is inverse so... I'm ...
by dragoncar
Fri Dec 08, 2017 4:22 pm
Forum: Variable Portfolio Discussion
Topic: Bitcoin giveaway! :)
Replies: 381
Views: 62283

Re: Bitcoin giveaway! :)

This is worth like fitty bucks $2k!!! now. Nice giveaway, hopefully you're rolling in so much dough you don't need it back!

Don't lose your wallets, people.
by dragoncar
Wed Feb 01, 2017 4:40 pm
Forum: Other Discussions
Topic: Lack of outrage
Replies: 149
Views: 32112

Re: Lack of outrage

Yes. Of course I'm also a dirty commie hippie who thinks we can use the profits from market efficiency to, you know, help people who lose their jobs. Isn't that what we already do? Income and corporate taxes support programs like unemployment comp, Medicaid, SNAP, WIC, TANF, and a bewildering host ...
by dragoncar
Wed Feb 01, 2017 11:45 am
Forum: Other Discussions
Topic: Lack of outrage
Replies: 149
Views: 32112

Re: Lack of outrage

Mexico and China both have policies in place to put U.S. manufactured goods at a disadvantage. They are not free traders. Free trade, to me, can make sense if it's between countries on an equal economic footing. If only there were some agreement we could make to put everyone on equal regulatory foo...
by dragoncar
Wed Feb 01, 2017 4:22 am
Forum: Other Discussions
Topic: Lack of outrage
Replies: 149
Views: 32112

Re: Lack of outrage

Please point out an obscure act that I would love about Trump He killed the TPPA which would have been a disaster for American manufacturing just like NAFTA was. He is about to kill NAFTA as well which creamed a lot of manufucturing in the country just as Ross Perot said it would. The left of the p...
by dragoncar
Tue Jan 31, 2017 8:11 pm
Forum: Permanent Portfolio Discussion
Topic: PP Performance for 2016
Replies: 118
Views: 29082

Re: PP Performance for 2016

That's a great quote. The entire book is worth reading, for anyone interested in science, philosophy or religion. By the way, I'm guessing Pascal wouldn't have been thrilled with the advent of smart phones! I dunno... Looks to me like ol' Blaise is staring into his iPad in the avatar of yours. ;) Y...
by dragoncar
Tue Jan 31, 2017 5:15 pm
Forum: Gold
Topic: Tax software and form 8621 PFIC
Replies: 7
Views: 3720

Re: Tax software and form 8621 PFIC

Good idea, although that's probably more work than just paper filing to begin with. I assume you are preferring to e-file for speed/convenience? Anyone have a reason NOT to just paper file? I guess you'll delay your refund if that's an issue? I've read it may decrease the risk of audit to paper file...
by dragoncar
Tue Jan 31, 2017 2:44 pm
Forum: Gold
Topic: Tax software and form 8621 PFIC
Replies: 7
Views: 3720

Tax software and form 8621 PFIC

I've used TaxAct in the past to file this form for GTU/PHYS, around $15. Now they've upped the price and I'm wondering what other options are out there. What does everyone use?

I think worst case I can use the free version TaxAct and then fill out 8621 myself and paper file.