Alternatives to Low Yielding Bond Funds
Thanks, JD, for sharing.
Never considered using options-based funds. But, after a quick review, both SWAN & DRSK look quite promising. Need to do more DD, of course.
Thanks, again.
Fred
After doing some research, I came across JHQAX, a fund that has successfully employed an options strategy for the past seven years. M*'s last fund analysis report says that:
"Attractive fees, a transparent and consistent process, and an experienced manager elevate JPMorgan Hedged Equity ahead of its peers. The strategy maintains a Morningstar Analyst Rating of Silver for its cheapest share classes."
The fund has a standard deviation of 7.94%, a Sortino ratio of 1.41, and a 5-year total return of 10.3%. JHQAX is available at Fidelity with NTF and load waived. Min. initial investment is $1,000.
I may consider matching JHQAX with DRSK which also has an excellent but very short record.
Fred
But there's no inflation... He lost me at the first minute, where he says that twice the product (a television 2x the size of a CRT screen) at 16% less ($
500 vs. $600) amounts to a 32% (2 x 16%) reduction in cost.
Of course the reduction in cost is more than half, merely because you're getting twice the product. (You're paying
5/6 for twice the product, or
5/12 for the same amount of product, for a
58
531;% reduction in cost.)
Added note: a screen with twice the linear measurement offers 4x the viewing area (or at least it would if it still had the same 4:3 aspect ratio.)
Then he says that you couldn't buy a car with airbags in 1973. Wrong. GM sold production cars with its "
Air Cushion Restraint System" to retail consumers in 1973. And that 1973 Honda Civic?
40 MPG (highway). Of course that was with no catalytic converter and leaded gasoline.
Never let bad arithmetic, misleading data and false "facts" get in the way of a good story.
Roundhill Pro Sports, Media & Apparel ETF in registration @Derf,
don't get me wrong, I'm not a gamer, don't know too much about it myself...will state that my last role in the corporate world, I worked with many folks in their early to mid-20's....wow, it was kinda culture shock for me as in many cases I was older than their parents but I always kept an open mind and both them and I appreciated it...had many entertaining conversations/observations.
One talented nice guy nearly made it as a professional gamer, oh so close, told me he was washed up at 2
5 years young, reflexes are already too slow at that age, huh?
Take care of you and yours,
Baseball Fan
Perpetual Buy/Sell/Why Thread Stop the crazy meaning everything...who in their right mind thought you could just waltz into the Capital and not learn the meaning of consequences...who thought we would have a break down in law and order...(I see where Macy's just announced pull out of Water Tower Place on Mag Mile, Chicago after being there 45 years...can you say no more looters and thugs in our stores please...ah but the tax monies!)...defund the police, crazy...police not letting up off a subdued suspect's neck, crazy...Tesla...Bitcoin....asset bubbles....folks thinking the virus is fake...
Honestly, I told the wife the other day...I don't know what to think anymore...
Here's to a saner, safer, more rational world and good health and good luck to all in 2021!
Baseball Fan
But there's no inflation... Here's what Russ Roberts misses. First you didn't need a college education to work at a well-paying job in 1973: for example UAW members at GM, Ford and Chrysler, or the multitude of union jobs at the auto suppliers. Second, college tuition has risen at 2.5 times the rate of inflation since the late 1970's:(tuition only) 1973 TOSU(their name!) $720 per year, 2019 $11,804. Monsieur Roberts employer Stanford University :1973 $3,135, 2019 $53,529. So unaffordable college tuition negates some of these "improvements" Roberts crows about !
Well isn't this special........D.C. +1. Gotcha.
@Crash, #2
5 and #14 take time to exercise and there is less than 14 days left. If he has the decency, he should just leave NOW just like Richard Nixon. Nixon was told he has lost all support and was about to be impeached and remove from office. He resigned the next day according the Washington Post’s Bob Woodward and Carl Bernstein in their book “The Final Days.”
Since the current president still has some support, I don't think it's possible to remove him by invoking the 14th or 25th amendements. Unfortunately, this man lacks a moral compass and will never resign for the good of the country.
And what does it tell us--- that, as you say, the Orange One still has support. The rot is not concentrated, it's widespread. The sort of "hardball," amoral politics we're seeing dates from the days of Gingrich the Newt. It's been a long time growing and spreading its toxicity.
The Presbyterian Church-USA has a rule book with a silly name: "The Book of Order." Sounds like something out of Monty Python. But in it, there is a savvy assertion made right from the start. It says that the whole interior system of the PC-USA cannot function without
mutual trust and a spirit of goodwill. THAT is what's pretty much gone from the Repugnant Party today. Or maybe it's not just gone. Maybe it FLED.
Well isn't this special........D.C. That is a good one - moral compass! Trump never has one as his niece, Mary pointed out in her book. The only things he worships is money and power.
Pence does not want to invoked 25th amendment. Article of impeachment takes time for voting. But he has access to the nuclear arms and that can be very dangerous for the country.
Perpetual Buy/Sell/Why Thread Added to existing positions in
Vlsax, virtus kar long short
Tmsrx, t rowe multi
Arttx, artisan focus
Pvcmx, palm valley
New position
Trgvx, t rowe global value equity
Reduced
Iqdax, q infinity,. Got scared. Too black boxey for me at larger position
Hold
Rosox, tonsure overseas
Tbills and 5 year CD s
Good luck and good health to all
Stop the crazy
Baseball Fan
