Quote (SBD @ May 12 2020 04:22pm)

For those that play in BItcoin, options etc. What is your compounded average return? Iv taken what I would say is a far more conservative route in comparison to some of the choices being touted in this thread.

It would be interesting to see if you had it on hand. For myself i don't even track contributions anymore except RRSP to make sure i don't over contribute. TFSA is maxed by Jan 1 every year. The TFSA contribution limit is 69K and its sitting at 122K and only 2 years ago I was still considered a student so a bit difficult to say the timing on contributions but id say the majority were in 2017 so that return i would deem as good for what I would call near passive investing (granted market conditions were absurd). My RRSP and unregistered accounts have performed similarly.

I often wonder if the effort & risk to reward is there for something like Bitcoin. My bias is to a near passive approach with a full understanding of asset allocation but just as important for Canadian inventors, asset location.

As for play money I keep around 30K to toss around and have a 60/40 split in TMF/UPRO 3x leverage risk parity strategy for the fun of the experiment as posted on boggleheads. For those interested Its actually netted an okay unrealized gain during this covid period due to the 60% weight in TMF. Unfortunately the overall weighting of it as part of the total portfolio has no material impact on its value but its interesting none the less.

Quote (ofthevoid @ May 13 2020 09:55am)

Taking a gamble on some large bank calls & Exxon for a swing trade. They've pulled back a lot last few days, think a bounce is in order.

Quote (obisent @ May 11 2020 10:56am)

Opened sells on AMD calls and Roku calls. Credit spreads cuz low rolling.

Quote (ofthevoid @ May 12 2020 09:55pm)

I have about 30% in long positions, mostly cash now. Most money i'm playing with i will need fairly soon, it's not a hold until 60 type strategy. You're right as far as long term buy and hold is best but that's not my investment horizon.

And yeah you make some really good points. All of those points are really important for any long term portfolio. I wrote a 20 page portfolio breakdown few weeks ago.

Essentially how would i breakdown 1 million investment.

I went

35% SPY Index
30% Individual large cap names-all investment grade

20% US treasury-using barbell strategy
5% foreign investment grade bonds gov't using etf
5% investment grade corporate bonds also through etf

2.5% BTC
2.5% Gold

Quote (dro94 @ May 13 2020 01:49pm)

thats conservative asf. no emerging markets either?

SPY has made great returns in recent history but I think debt drag will catch up to the US and economic growth will slow to European growth standards of 1-2%.

I've changed things around recently from a really diverse global portfolio with a lot invested to holding mainly cash and the rest in something like this:

50% Asia ex Japan etf index
20% FTSE 250 individual stocks
15% SPY individual stocks
15% Global bond index fund

Quote (ofthevoid @ May 13 2020 06:57pm)

Why Japan? Aging population, they can't spur inflation to save their lives, etc. If was looking for EM, i'd rather go with India or even China if they get some of their intellectual property and business standards in line with world standards.

And yeah it was just a cookie cutter, very conservative build that focused on quality and diversification because i didn't want to put in the work to do a good job explaining EM and things like small caps lol. It was for school, if i was getting paid i would've been much more thoughtful.