mathjak107 wrote: ↑Mon Apr 06, 2020 6:28 pm
That would be typical.....but so far futures down at least now and oil up ....I don’t hold these very long at all ......especially sdow that was down something like 22% today .....
Right now my one day a week of work is on hold so if I make a days pay I am happy
what kind of gain are you holding for these udow and uso?
Right now I am sitting as is in these uncertain times and keeping the pp intact for now until we get some clarity .....it is perfect for times like this when things are so screwed up .....
i think up or down berkshire is situated to take advantage of things if they get worse and berkshire's poor choices have already taken its toll on the share price so it is down far more than say the s&p 500.... those billions can snatch up lots of companies if things get worse here so it is like a hedge .
this may be an example of a stock selling at a discount unlike most which are priced low because their business fell off.
this would be a longer hold as buying berkshire is really like buying a small mutual fund
I noted you clarified your portfolio values saying all 4 parts had 7 digits. Tech asked clarification and you confirmed that, yes, each part had 7 digits to the left of the decimal point.
oops , no i am up to 800k in each part ..i thought he meant in total was it 7 digits . .....
i could go 7 digits in each but i think with the fact so many are jumping in to tlt and gld at this point i wouldn't commit anymore unless we roll back .
in fact just the opposite i want to trim a bit back after a run up like this and me breaking new all time highs in net worth despite being retired and drawing 6 figures a year for more than 5 years now .
we closed out our real estate LLC months ago and sold the remaining holdings to an investor group .so i threw it in the pp as the safest bet .
the pp is the only model i have been running .... we can easily see a depression as well as see a very weak dollar and inflation ... it is really uncharted waters here . i have not even been trading gld and tlt ... it has been pretty much straight up so if anything i was migrating money over from the other model i ran on the dips in tlt and gld . the other model which while 25% equities , does not have the lift of the pp ....
it was easy to migrate over since i could use the 25% equity position as it was .
it is never a good sign when so many on forums are buying those assets and never owned them before ......that has always been a red flag .
i wouldnt sell out but i would cut it back a bit ... then every time one asset falls bring it back up to the level of the ones that didnt fall.
trimmed back a bit to 600k in each ....
still a substaintial investment in each with huge moves in gld and tlt daily .
i would still let it go up to 7 figures in each but not at near record levels on each asset ... it isn't even like one tanked so you come out about the same overall ....everything is pretty much at highs .
haven't traded in while but recently had quiet a few trades in TLT .
picked up an extra couple of thousand dollars .. then rebought TLT ON THE DROP , SOLD IT BOUGHT IT AGAIN AND YESTERDAY sold it in the morning while it was up and rebought it later in the day when it was down .
also opened positions yesterday again in LTPZ , VTIP AND DBC.
tlt has provided crazy trading as it flip flops up and down . TLT YTD GAINS 27k
here the trades the last 30 days in tlt this month
10/29/2020 ROLLOVER IRA
220512916 YOU SOLD EX-DIV DATE 11/02/20RECORD DATE 11/03/20 ISHARES TR 20 YR TR BD ETF (TLT) (Cash) $256,078.17
10/29/2020 ROLLOVER IRA 20512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$24,915.90
10/29/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$99,938.67
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$99,938.67
10/22/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$471.51
10/22/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$86,816.79
10/21/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$50,137.13
10/20/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$14,971.80
10/20/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$100,103.20
10/09/2020 ROLLOVER IRA
220512916 YOU SOLD ISHARES TR 20 YR TR BD ETF (TLT) (Cash) $69,958.22
10/09/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$69,642.00
10/08/2020 ROLLOVER IRA
220512916 YOU SOLD ISHARES TR 20 YR TR BD ETF (TLT) (Cash) $99,951.92
10/07/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$99,375.00
10/06/2020 ROLLOVER IRA
220512916 YOU SOLD ISHARES
TR 20 YR TR BD ETF (TLT) (Cash) $99,583.17
10/05/2020 ROLLOVER IRA
220512916 YOU SOLD ISHARES TR 20 YR TR BD ETF (TLT) (Cash) $100,324.78
10/05/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$99,931.25
10/05/2020 ROLLOVER IRA
10/05/2020 ROLLOVER IRA
220512916 YOU BOUGHT ISHARES TR 20 YR TR BD ETF (TLT) (Cash) -$100,062.5
Last edited by mathjak107 on Fri Oct 30, 2020 6:11 am, edited 1 time in total.