Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 04-20-2018, 07:17 PM   #1681
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
623 And the tables have turned for Total US Bond index this week. As of the market close today, it is now about half-a-percent behind all the short-term things mentioned in my previous post because of the drops the past couple of days.

I have no plans to do anything yet, but that is mostly because for the next 2 weeks I will be traveling and only have intermittent internet access. I feel good about going away since the portfolio is outperforming ALL of its benchmarks at the moment.
__________________

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 04-21-2018, 08:00 AM   #1682
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 21,743
Sold a bunch of stocks and ETFs a month ago. Then, sold a bunch of put options to buy them back at lower prices.

These options came home to roost, actually they never left home, on Friday April 20th. I am going to own these shares again, and have to buy them above market price.

This is driving my stock AA back up. Oh well. Serves a guy right for proclaiming himself a stock lover. At least, I was spared from bond pain, as I have so little of that.
__________________

__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Old 05-04-2018, 10:21 AM   #1683
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 21,743
Two weeks ago, seeing that my stock AA was getting above 70% again and not at 60% or lower as I wished, due to the mistimed put options that made me buy more shares, I sold some out-of-the money covered calls.

Stocks dropped further, and these covered calls looked even more hopelessly out-of-the-money. A contract that I sold for $3-4 a share came down to 50 cents. Usually I wait until they expire worthless, which is May 18 in this case. However, seeing that the market is bouncing back up, I decided to buy several back and closed them out.

It is not that I think the shares will get up to the strike prices, although this market is so crazy anything is possible. Giving up the remaining 50 cents/share on the existing options frees up the stocks, so that I can write covered calls again, but this time for June expiry. I am not selling anything yet though, and just have that option if I so desire.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is online now   Reply With Quote
Old 05-07-2018, 11:38 AM   #1684
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
Quote:
Originally Posted by LOL! View Post
I bought several thousand shares of FLRN this morning with the money from selling DGS. FLRN is an ultrashort bond ETF: SPDRŽ Bloomberg Barclays Investment Grade Floating Rate ETF that I will try out for at least a month or so.
Since the above post back on March 12, FLRN has outperformed the other kinds of fixed income funds I use including a Total US Bond fund, a short-term corporate bond index fund, and a 1-3 month T-bill ETF (see M* 'growth-of' chart next).



I had a T-bill mature, so I used the money to buy some of the worst performing Total US Bond index fund and some more FLRN today. 292
LOL! is offline   Reply With Quote
Old 05-07-2018, 02:13 PM   #1685
Full time employment: Posting here.
 
Join Date: Aug 2009
Posts: 654
Quote:
Originally Posted by LOL! View Post
Since the above post back on March 12, FLRN has outperformed the other kinds of fixed income funds I use including a Total US Bond fund, a short-term corporate bond index fund, and a 1-3 month T-bill ETF (see M* 'growth-of' chart next).



I had a T-bill mature, so I used the money to buy some of the worst performing Total US Bond index fund and some more FLRN today. 292
There's a lot of love for floating rate bonds now as they will keep resetting upwards as interest rates rise, assuming they do.
bmcgonig is offline   Reply With Quote
Old 05-11-2018, 08:38 AM   #1686
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
My equity funds have done quite well recently, so the portfolio has hit the top trigger band for allocation to equities, so I have submitted a limit order to sell some shares of MTUM a moment ago to get the asset allocation back below the trigger point. If MTUM fades from here today, then of course the order won't execute. 835

Update: Limit order executed, now I have some cash to buy some fixed income shares of some type.
LOL! is offline   Reply With Quote
Old 05-15-2018, 08:15 AM   #1687
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
An alert was triggered that bond ETFs had dropped significantly this morning, so I am submitting a limit order to buy SPAB (Total US bond market index).

If bond funds recover even by 0.2% to 0.3% in the next week, I intend to unwind the position. 265

And it seems I almost caught the high when I sold MTUM last week. No complaints here.
LOL! is offline   Reply With Quote
Old 05-15-2018, 01:56 PM   #1688
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
Update: Limit order to buy SPAB was executed earlier today. I may try to snag some more here in the last 4 minutes, but to do so I will have to sell some BIL (1-3 month T-bill ETF).

Update to update: Late day limit orders did not execute, but no matter.
LOL! is offline   Reply With Quote
Old 05-16-2018, 07:56 AM   #1689
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
Sold some BIL (1-3 m Treasury ETF) and bought some SPAB (Total US Bond Index) which was what I was trying to do at the end of yesterday. 566

Interestingly, SPAB was down today, but the similar AGG and BND are up today.

Update: And SPAB trades even lower than what I paid for it. Did I ever say I like losing money?
LOL! is offline   Reply With Quote
Old 05-24-2018, 07:46 AM   #1690
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
So the bond ETF shares I bought last week after getting that alert of a relatively large single-day drop have gone up about 0.5% since then.

Of course, bond funds don't move up by half a percent every week, so I need to start thinking about selling those shares today or tomorrow. 195
LOL! is offline   Reply With Quote
Old 05-24-2018, 09:08 AM   #1691
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
Sold some SPAB and bought back BIL in the last 30 minutes. Submitted another limit order to sell SPAB at a couple cents higher than it is trading now.

I have more shares to unwind, but I am now not in such a hurry to do something. Let's see what happens.
LOL! is offline   Reply With Quote
Old 05-25-2018, 09:11 AM   #1692
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
And SPAB (Total US Bond Market Index ETF) continues to go up today, so exchanged another tranche of SPAB back into BIL (1-3 month T-bill ETF). 355
LOL! is offline   Reply With Quote
Old 05-29-2018, 07:57 AM   #1693
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
And total bond index ETFs continue their rise. They are up more than 1% since mid-May. I submitted a limit order to sell another tranche this morning, but I'm not sure if it will execute since I think limit price is optimistic, but there is a chance. 878

If this executes, it is likely that the money will go to buy equities which are not doing well today.

Update: Look at that! Order executed, so I am now thinking I should sell another tranche.

Update to update: Submitted another limit order to sell bond ETF shares.
LOL! is offline   Reply With Quote
Old 05-29-2018, 12:57 PM   #1694
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
I am dumbfounded. I can't recall the last time a total bond index fund was up more than 0.75% in a single day. And there is time to go higher still.

Equities have not dropped enough to get me to buy, but they are close.
LOL! is offline   Reply With Quote
Old 05-29-2018, 01:57 PM   #1695
Thinks s/he gets paid by the post
 
Join Date: Jun 2016
Posts: 1,665
Quote:
Originally Posted by LOL! View Post
I am dumbfounded. I can't recall the last time a total bond index fund was up more than 0.75% in a single day. And there is time to go higher still.

Equities have not dropped enough to get me to buy, but they are close.
Its a very rare day. Bonds are killing it, but what happens next?
COcheesehead is offline   Reply With Quote
Old 05-29-2018, 02:07 PM   #1696
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
Quote:
Originally Posted by COcheesehead View Post
Its a very rare day. Bonds are killing it, but what happens next?
You may have noticed that I don't really make predictions, but simply react to what happens on any given day.

So I sold off all the bond shares bought earlier in May. I did not buy equities since they had not dropped enough, so I will have to hold cash at least overnight. Even the MTUM that I sold earlier in May did not drop enough.

Despite all the good things happening, my portfolio will not do as well today as the benchmarks I compare it to. I think the portfolio is enough ahead of them that they won't catch up just on today's change, but I won't know until all the numbers are in later this evening.
LOL! is offline   Reply With Quote
Old 06-05-2018, 01:59 PM   #1697
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
Decided to buy a big slug of DGS (small-cap EM dividend) ETF. I need more international and was underweight in EM, plus it dropped today when just about everything else went up. In addition, I can sell some DGS in another account without a commission avoiding a short-term transaction fee if this new purchase goes up in a day or two. 567
LOL! is offline   Reply With Quote
Old 06-06-2018, 08:03 AM   #1698
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
I didn't expect DGS to go up first thing this morning, so I have submitted a limit order to sell in another account the same number of shares I bought late yesterday. If it executes, then no commission and no taxes. 712

Update: with everything fading in the past few minutes, I just switched sell limit order to a market order and it executed in the top half of the bid/ask spread. I'm practically day-trading!
LOL! is offline   Reply With Quote
Old 06-06-2018, 03:28 PM   #1699
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
And sold DGS too soon today, but no matter since the bond fund I sold last week to get the money to buy DGS yesterday in the first place dropped in value by about 0.7% since then. I'm feelin' pretty good.
LOL! is offline   Reply With Quote
Old 06-07-2018, 08:14 AM   #1700
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 9,235
Quote:
Originally Posted by LOL! View Post
And sold DGS too soon today, ....
Ha! Based on this morning's drop in the price of DGS, maybe I didn't sell too soon after all?

Some bond ETF dividends got paid today, so I just re-invested them manually since bond ETF prices have dropped nicely in the past week.
__________________

LOL! is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 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 02:09 PM
Money Market funds in potential danger. clifp FIRE and Money 22 07-06-2011 06:10 AM
When it comes to photos, timing makes the shot REWahoo Other topics 0 07-01-2011 01:19 PM

» Quick Links

 
All times are GMT -6. The time now is 02:53 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.