Apparently you have discovered a market anomaly: a profitable opportunity that no one is seizing. In that case, you should have no trouble with the following plan, which will in fact be greatly aided by your gender. Just open your own competing law firm, hiring women only, and pay them 90% as much ...

If it were really true that women were underpaid relative to their overall job performance, then any entrepreneur who wanted to make outsized profits (is there any other type?) would hire women preferentially. It wouldn't take everyone in society, or even the majority, just a few people to notice t...

Great points, guys. I admit I forgot about the LTT + Cash = ITT duration match but with incremental benefits in different economic scenarios. Also, consider your max drawdown tolerance. Some people are more inclined than others to do unwise things once portfolio values fall a certain amount. It's h...

I personally do not subscribe to the need for an emergency fund as I am employed and have very marketable skills that make me as confident as anybody that in case I lost my job, I would not be unemployed for long. I also do not have a family and have no dependents, and am healthy with good health i...

In my brokerage's paper trading account, going net long approximately $245-250k each asset has a projected overnight initial margin of $43k.

30% DD would be $225k + $43k margin = $268k equity required. That's around 2.75x leverage. Mighty impressive.

Hehe... Against every fiber in my body I went ahead and exchanged TLT for EDV/Cash in an IRA today. I'm sure I paid a premium, but maintained the 5.6 year duration. The IRA was 100% LTT's and I wanted to balance with stocks and/or gold at a later time. EDV is so monstrously volatile, hope you can h...

The comparison of the 60/40 returns to the 25x4 PP indeed isn't fair, because the owner of the 60/40 needs to hold cash. How much isn't clear, but most would recommend a sizeable enough chunk that it's a significant fraction of the stock/bond portfolio. Similarly, the 60/40 owner has to decide when...

Thanks for that explanation. I had to read it twice but it's very clear. Maybe I'm still totally off here but bear with me if you don't mind. If you hold nothing but futures contracts in your account, you don't own anything but cash and the rights to the cash gain or losses associated with the futur...

Interesting ...I executed the above in my broker's paper trading account and it only used 3,850 in margin. 1000 of that is for the equity portion and 2850 is for the futures portion. I'm going to continue this paper trading experiment, but with only 3850 used in margin and an estimated trading cost...

Stock dividends don't become qualified by length of holding period. That status is determined by IRS rules relating to the source of the dividend. I was just referring to the specific Apple example. Their dividends qualify or at least they have up to this point. For an individual investor you need ...

The main point of rebalancing is to maintain a consistent risk profile. Agreed, wide bands leave you with potential exposure to a very unbalanced risk profile during an extreme market event. Not sure I'd feel comfortable holding onto a 38/12/38/12 portfolio just because a backtest tells me doing so...

http://s19.postimg.org/4o3yqz1mb/screenshot_2016_07_10_at_05_04_32.png These calculations don't make sense to me. A corp is taxed on profits whether they retain it or pay it out in dividends so the 35% federal + 8.84% CA tax are going to happen no matter what. As long as you hold the Apple stock fo...

I think in the short term long bonds are over-extended. On a Keltner Channel chart, they are tagging the 3 standard deviation line to the upside on a daily chart. I expect TLO or TLT to come down by 4%. Intermediate to long term, who knows? This is why I completely gave up on market timing. Risk/re...

So what is the half year overall perfomance for the vanilla U.S. PP for 2016? And ytd? All using start date 1/4/16. For fun, I included the 6/27/16 date as that was the bottom of the 3-day Brexit "correction". VTI/GLD/TLT/SHY: 6/27/16: 11.2% 6/30/16: 12.5% 7/8/16: 15.2% Replacing VTI with...

Sorry to derail the conversation and return to the thread topic..."oh Come On" Imagine being a nubile PP investor and putting all your eggs into the basket on 1-1-2016. You'd vote for HB in the next election. Pretty darn remarkable what continues to transpire. Stocks, bonds, gold, REITs.....

Sam Brazil wrote:and there are even certain alt coins being developed with even better built-in anonymity

Isn't this part of what makes bitcoins so risky? What's the barrier to entry here for newcomers besides branding?

Seriously folks, counterparty risk for the likely size of our accounts is over done on this board. I find it particularly humorous when I read posts of folks talking about who from and where to buy gold. Id be way more concerned waiting for my gold to arrive than buying a Deutsche Bank ETF. Agreed....

EDV has phantom income taxation issues also. Thinking ahead, we should just assume rates are going to go to 0%. In that case, I don't think we should be buying past 20-year T-Bonds right now. I don't know how bond funds will be reflected, but it seems like it would favor VUSTX at 16.9 duration vs T...

My gut says shorting the long bond wouldn't be a terribly risky short-term trade right now. I agree, but then look at yields across the world. U.S. LTT's sure look attractive from that perspective. The question is...are treasuries driving gold higher or is rising gold due to inflation on the horizo...

One thing I was thinking of doing is replacing a portion of TLT for EDV and placing the difference in cash. That way I have less absolute $ in LTT's but still have the duration to hedge losses in equities. It's a good plan I think. Only problem is that EDV has lousy liquidity and you'll probably pa...

My gut says shorting the long bond wouldn't be a terribly risky short-term trade right now.

MangoMan wrote:Still not propagating....

Definitely odd. These usually propagate almost instantly when making a DNS change. But perhaps this issue is more complex.

Either way, it looks like the technical curse plaguing this place jumped from the host to the registrar. It's uncanny.

My personal 70/30 allocation lost a total of 1.67% over the same time period. This includes a 45% allocation to INT, INT SC and Emerging Markets. PP volatilty was lower and I felt protected holding the portfolio. Here in the Dominican Republic, French and Spanish investors were glued to their smart...

You now have to order the test to exclude the rare possibility, no matter how unlikely. That is how medicine is practiced (at least in the US). Is this for fear of malpractice suits? Because surely some doctor in the chain had to recognize what was going on here. Do we now have a front line of doct...

http://hosted.ap.org/dynamic/stories/E/EU_MED_SMARTPHONE_BLINDNESS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-06-22-17-26-38 In Thursday's New England Journal of Medicine, doctors detailed the cases of the two women, ages 22 and 40, who experienced "transient smartphone blind...