Snap Quiz Question: Which one should you pay most attention to in your decision? I am going to go with tracking error, because the way my PP is set up, any gains are in tax-advantaged accounts. But I think the real answer is that both #1 and #2 should be considered. In other words, don't pay any ta...

There are lots of good academic and industry papers on rebalancing. Just invoke the Google gods and they will enlighten you greatly. I would narrow down all of them to three things... 1. Tracking error (the more you rebalance, the closer you are to whatever it is your are tracking). Thus, if you wan...

@ OP War is not a usable strategy for free market businesses.  Without the religious obedience of the people, and the consequent ability to tithe them, an organization cannot wage wars.  That is, only the state can wage wars. Organized killing has gotten less frequent since the stone age.  I see no...

I would say there are a lot more people who think they are government watch lists than really are. I suppose it makes them feel good or gives them something to rail against.

Should be a blast to manage...

Or Saudi Arabia where dealers get caught once and only once...

Is decay just as likely to help you as hurt you? Or, over time, will it usually hurt performance? I know it depends on the path, so I am wondering if there is a pattern to the path that stocks usually take , and if decay has more often helped versus hurt performance, historically. :o I've provided ...

Is decay just as likely to help you as hurt you? Or, over time, will it usually hurt performance? I know it depends on the path, so I am wondering if there is a pattern to the path that stocks usually take , and if decay has more often helped versus hurt performance, historically. :o I've provided ...

I forgot to mention one thing in my last post. One of the reasons the shorting performance is worse is because you are turning the math that can benefit you on its head. Instead of the mo expanding your profitable run to get exponentially larger, shorting does the exact opposite and each day up gets...

I'm quite aware of what you were discussing, but respectfully, I submit you are not thinking this one through. I hope you will do so a little bit more. I would also suggest you Google up stock lending fees. I'm trying very hard to think this through, but I'm very confused about the decay issue.  De...

I'm quite aware of what you were discussing, but respectfully, I submit you are not thinking this one through. I hope you will do so a little bit more. I would also suggest you Google up stock lending fees.

I've mentioned this several times but I will reiterate. Make sure you understand the math of leveraged ETFs and imagine one of the assets you are short has several years of a very good run. But if it isn't clear lets do this example. Imagine an asset moves a factor of two. If it goes against you and...

Annually appears to work well. Yup, that's how I plan on rebalancing it, after 1 year so its long-term capital gains.    I'm doing the 3x ETF portfolio in my taxable brokerage account.  Just a small VP to see how it goes this year.  So far I'm very impressed. This one is tough for me and I really n...

Annually appears to work well.

If they are tax inefficient, then I would do it in my IRA. If they are tax efficient, then I would do it outside my IRA. So, I can't figure out how to proceed until I know more about the taxes involved. If all goes well, likely you will be rebalancing enough that tax efficiency isn't going to be wh...

http://etfdb.com/issuer/direxion/taxes

Also splits that result in fractional shares will be converted to cash which will then be a taxable event for the fractional shares part.

Personally I find the analysis being proposed as a fix a bit silly. As a starting point one should ask themselves if Italy resembles a typical Middle Eastern government. If the intent was as applied to jihadists living in Europe then the question that should be asked is how do jihadists different fr...

Agree with Pugchief. Please read the literature on the Direxion and ProShares websites and the prospectuses. Also go read everything you can about why you shouldn't buy a leveraged ETF. Realize that using PP history you could possibly suffer a north of 37% DD. If after all that, you are comfortable ...

Two weeks into it. 1x PP: 2.63% 3x PP: +7.90% 3x PP w/XIV Twist: +3.52% I'm going to drop 2x reporting for a couple of reasons. 1) I'm using a 3x version personally and, 2) UBT has absolutely insane spreads now...it's a dying ETF. If someone is considering doing this as a VP they should consider 3x ...

I've been at this very thing since day 1...a couple of personal perspectives. We will win this, but likely be at it for another 20-30 years whether we want to "be at it" or not. The enemy gets a vote and they have opted "in." Over several hundred years of experience, generally wh...

I have to say I'm feeling a bit sorry for MG.  I value his contributions generally and hope others do as well. Me too (a lot). He brings data. Data is good. It is facts, not opinion. MG (the board)...if it wasn't clear, let me say so publicly. I will attack data any day of the week and if I post da...

I'm not even going to pretend I understand this stuff and what does the human mind do to highly complex things? It simplifies. So here is my simplification...money is faith and it works until faith is lost. Not sure when Roche came up with it, but I've found the whole digital money thing fascinating...

This is a fun forum...who'd a thunk. Came here to get more engaged in PP stuff, dipped into the off topic section, wanted to choke the crap out of moda in one thread, and total allies in this one.  :D The unnecessary civil war resulted in the unnecessary deaths of more than 600,000 Americans. Pinnin...

As for God and hell, my guess is things turned out pretty good for Mr. Lincoln at the Pearly Gates. So being a humanist in the end absolves all your other sins?  That's comforting.  But you know what they say: the road to hell is paved with good intentions.  The living have to live with that. Well ...

Revenues are coming, my guess, from businesses being more profitable, more people working, and more people working higher-paying jobs.  The effective marginal tax rate for low/modest income business-owners/individuals is actuall quite high when you include Payroll taxes, SE taxes, and start removin...