Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 03-16-2015, 03:23 PM   #341
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
I did end up buying shares of VCSH. You can easily guess what I paid for those shares.
__________________

__________________
LOL! is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 03-18-2015, 03:05 PM   #342
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,217
I'm putting this post here because I think it was LOL! who made me aware of a real estate index fund (FSRVX) in Fidelity. The reason why I didn't know of it was because I had been focused on which funds were offered in our 403(b) plan and that wasn't one of them, but FRESX was so I went with that. But I rolled over a portion (the traditional part) of my 403(b) to an IRA, which does have the index available. I split the difference, exchanged all the FRESX to FSRVX in the rollover IRA and left FRESX in the Roth 403(b) account. Each account has about the same value. At first glance, the two funds appear about the same but the index version advertises a much lower expense ratio.

I like keeping the Roth 403(b) open as it offers institutional (K) class funds that I use. Some of those have pretty serious expense ratio advantages. But the 403(b) doesn't have the huge number of fund selection that an IRA does.

I am still expecting Fidelity to create an "FSHSX" (Fidelity Select Hot Sex Portfolio, holding only those companies that do well around Valentine's Day, you know, the companies with brands like Victoria's Secret, Dove Chocolates, Trojans, Pajama-Grams, Courvoisier, and Viagra).
__________________

__________________

steelyman is offline   Reply With Quote
Old 03-18-2015, 06:31 PM   #343
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
An excellent day in the market. I was away all day, but before I left the house, I submitted a limit order to use all the cash from recently selling some VNQ to buy VCSH. That order did execute in the first few hours before the pop.

The cash from selling some VTI just sat there. So clearly, I should have known what the Fed was doing and waited until today to sell. I am still overweight in equities and still have the VNQ I bought back in February (it is in the black now), so I may continue selling.

Portfolio is not up to where it was at the beginning of March yet, but it is close.

NW-bound must be happy those short positions are gone.

And thanks everybody for making this thread the most-viewed in the Stock Picking forum. I'm sure there will be even more views now with that SEO work of steelyman with the FSHSX fund.
__________________
LOL! is offline   Reply With Quote
Old 03-18-2015, 06:35 PM   #344
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 16,559
Yes, I am happy (and lucky too).

Still waiting for MFs to report, but my individual stocks clocked 1.54% today vs. 1.22% for the S&P.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leo Tolstoy
NW-Bound is offline   Reply With Quote
Old 03-18-2015, 07:16 PM   #345
Thinks s/he gets paid by the post
steelyman's Avatar
 
Join Date: Feb 2011
Location: Triangle
Posts: 3,217
Quote:
Originally Posted by LOL! View Post
And thanks everybody for making this thread the most-viewed in the Stock Picking forum. I'm sure there will be even more views now with that SEO work of steelyman with the FSHSX fund.

I am just a student, happy to serve. But you should wait to buy my fund until it seems ready to pop.
__________________

steelyman is offline   Reply With Quote
Old 03-18-2015, 07:32 PM   #346
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 16,559
While waiting for FSHSX to open, may I suggest PEJ for your consideration?

It is "Powershares Dynamic Leisure and Entertainment ETF". Don't let the words Dynamic Leisure give you wild thoughts.

The ETF holdings are mostly consumer cyclical stocks like airlines (think of the recently popular threads on Europe travel), Disney, cruise lines, hotels, restaurants, etc...

I bought it not that long ago and already had a nice gain. Thinking about getting more.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leo Tolstoy
NW-Bound is offline   Reply With Quote
Old 03-30-2015, 01:47 PM   #347
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
Today's pop back to new highs is too much for me, so I submitted an order to exchange shares of FUSVX (S&P500 index fund) into FSITX (US bond index fund) in my 401(k).

I am still overweighted by a couple of percent in equities, so this is consistent with my asset allocation. If the market pulls back by at least 0.5% tomorrow, I may rebuy something similar in an IRA. If the market charges forward from here, then I will feel bad and come back here for some sympathy.
__________________
LOL! is offline   Reply With Quote
Old 03-30-2015, 04:34 PM   #348
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 16,559
On Thu 3/26, I went long on biotech and bought a bit as a lark. Earlier today, only 2 trading sessions later, I got out pocketing a few hundred bucks. Well, I sold too soon because it kept on rising until close. So, I now have to wait a bit, then look to short it again.

On Fri 3/27, I also sold USO, which I bought 10 days earlier, for a bit of gain. Will buy again if it gets down to 16.

Meanwhile, the rest of the portfolio rose 1.25%, a bit more than the S&P today.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leo Tolstoy
NW-Bound is offline   Reply With Quote
Old 03-30-2015, 06:18 PM   #349
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
I have too much fixed income in my portfolio to beat the S&P500 on an up day. But overall, the portfolio is beating Vanguard's S&P500 total return YTD.
__________________
LOL! is offline   Reply With Quote
Old 03-30-2015, 09:04 PM   #350
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 16,559
On bad days, I often lose more than the index. So, it's all fair.

PS. YTD, I beat the S&P by a hair.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leo Tolstoy
NW-Bound is offline   Reply With Quote
Old 03-31-2015, 09:00 AM   #351
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
This morning I tried using a price trigger alert for the first time with the alert sent to my cell phone. I got the alert message on my cell phone when the market opened.

I used the 0.5% drop that I mentioned yesterday, so then I investigated what I could buy today for no commission while still having the ability to unwind the equivalent trade at the end of the day for no commission, too.

I saw that I could buy IVV (S&P500 iShares) in an IRA for no commission and sell more FUSVX in my 401(k) for no commission. So I submitted a limit order for some IVV a few cents below where it was trading. Surprisingly, it executed 4 seconds later as a few partial orders of non-round lots and went back up. (I will have to hold IVV for at least 30 days to keep it no commission.)

I've already made my lunch money. Let's see if dinner gets taken away from me.
__________________
LOL! is offline   Reply With Quote
Old 03-31-2015, 03:12 PM   #352
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
Well, I lost my lunch and dinner in the last hour of trading. I did not unwind the trade, so I still own IVV.

I can rationalize that yesterday's exchange avoided more losses than if I had done nothing the past 2 days plus I made money in the bond fund.
__________________
LOL! is offline   Reply With Quote
Old 04-01-2015, 04:59 PM   #353
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 16,559
Yesterday, the S&P went down -0.86%, while my equity portion was a tad better at -0.71%.

Today, the S&P went down -0.40%, while my equity portion went up 0.24%. Some beaten down stocks and also international stocks rally today.

Biotech sector went down worse than the S&P. I waited to short it, and missed out on some good money. Will it go down more, or rebound? Darn, this market timing thing is never that easy.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leo Tolstoy
NW-Bound is offline   Reply With Quote
Old 04-01-2015, 05:52 PM   #354
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
The Fidelity Spartan Advantage S&P500 fund FUSVX was down 0.83% today. I am hoping there was an early distribution of about 0.43% since the S&P500 didn't drop that much.

In the past couple of years there has a been a distribution around April 3rd or 4th. If it turns out there was no distribution, then this would be quite annoying. And since I have no one else to complain to about it, you all get to read about it here.
__________________
LOL! is offline   Reply With Quote
Old 04-02-2015, 05:55 AM   #355
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
Update on the FUSVX higher than expected drop of 0.83%: I see a dividend paid of slightly more than 0.43% this morning in my account, but the Fidelity web site does not show that distribution yet for this fund in the "Fees and Distributions" tab. I will monitor to see how long it takes them to update their web site. I feel better about not losing money, but I am still annoyed that Fidelity is not forthcoming with information on its web site. I now see that Morningstar.com notes this recent dividend in its charting tool.

Update on Fidelity web site: Yesterday's dividend is now posted in the Fees and Distributions tab for FUSVX after I ate breakfast.

Also this suggests a way to avoid getting a taxable dividend since IVV paid a dividend as well, but a few days earlier. My recent purchase of IVV was after it went ex-dividend, so I did not get the IVV dividend. One may write, "but aren't dividends good and if you sell before getting the dividend wouldn't you have to pay capital gains taxes anyways?" The answer is "Definitely maybe, but it will depend on your own personal situation." For instance, I have enough carryover losses so that I will be offsetting realized cap gains for quite a while. Thus the maneuver to avoid dividends which would increase my AGI might be worth it if my AGI was butting up against some limits for tax credits.
__________________
LOL! is offline   Reply With Quote
Old 04-06-2015, 12:13 PM   #356
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 16,559
I went long on biotech earlier today. Not much, but just enough to hopefully get some more gas money for my gas-guzzling RV. I will post when I bail out.

Meanwhile, emerging markets seem to be doing great today and the last couple days last week. The retreat of the US dollars helps too. Today, my equity portion is up 1.2% relative to the S&P 0.9% as I write this. I also beat the S&P the same way bthe last few trading sessions.

I am not planning to go to Europe this year, but perhaps the next. Have I missed out on doing some Euro hedging to lock in the low euro? The Euro went was low as $1.04 a couple of weeks ago, but pushing $1.10 now.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leo Tolstoy
NW-Bound is offline   Reply With Quote
Old 04-06-2015, 12:42 PM   #357
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
Today is a strange day. An hour before the market opened, futures suggested the S&P500 would be down about 0.75%. European markets are closed for the Easter holiday. I expected a very subdued day. But I am not complaining; I am simply puzzled.
__________________
LOL! is offline   Reply With Quote
Old 04-06-2015, 01:37 PM   #358
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 13,270
Quote:
Originally Posted by LOL! View Post
Today is a strange day. An hour before the market opened, futures suggested the S&P500 would be down about 0.75%. European markets are closed for the Easter holiday. I expected a very subdued day. But I am not complaining; I am simply puzzled.
It's the old "the markets confound the most people" trick. Everyone was expecting a big sell off and drop in interest rates, so neither happened.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is online now   Reply With Quote
Old 04-06-2015, 01:42 PM   #359
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 7,763
Maybe it was news that Greece will not miss its debt payment this week?
Or the Iran negotiation news?
Or the US jobs news which might make it harder to raise interest rates?
Or ?
__________________
LOL! is offline   Reply With Quote
Old 04-06-2015, 02:27 PM   #360
Thinks s/he gets paid by the post
 
Join Date: Nov 2006
Posts: 2,241
Quote:
Originally Posted by NW-Bound View Post
I went long on biotech earlier today. Not much, but just enough to hopefully get some more gas money for my gas-guzzling RV. I will post when I bail out.

Meanwhile, emerging markets seem to be doing great today and the last couple days last week. The retreat of the US dollars helps too. Today, my equity portion is up 1.2% relative to the S&P 0.9% as I write this. I also beat the S&P the same way bthe last few trading sessions.

I am not planning to go to Europe this year, but perhaps the next. Have I missed out on doing some Euro hedging to lock in the low euro? The Euro went was low as $1.04 a couple of weeks ago, but pushing $1.10 now.
I think you got this one wrong. I bought puts 2 weeks ago and am not selling yet. If IBB falls another 5-6% I'll probably get out. I could change my mind and get out sooner but right now IBB feels very sick relative to the rest of the market. If the market pulls back , IBB will get killed.
__________________

__________________
utrecht is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 3 (0 members and 3 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Market Timing Strategy Earl E Retyre FIRE and Money 141 10-28-2011 03:09 PM
Money Market funds in potential danger. clifp FIRE and Money 22 07-06-2011 07:10 AM
When it comes to photos, timing makes the shot REWahoo Other topics 0 07-01-2011 02:19 PM

 

 
All times are GMT -6. The time now is 05:57 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.