Second Rebalance of my Hedgefundie Portfolio

Categories: investing
Today I performed the second rebalance of my Hedgefundie portfolio. This time I also added my 2021 Roth contribution of $6000 and $646 of extra cash I had in my Roth IRA. For this year’s Roth contribution I chose Fidelity. Fidelity, unlike Interactive Brokers, let me purchase fractional shares of UPRO and TMF. This is great news since with IBKR I always end up with a few dollars in my account.

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First Rebalance of my Hedgefundie Portfolio

Categories: investing
I started my hedgefundie journey at around the end of May of this year. In his post Hedgefundie recommended rebalancing every 3 months or so because that seemed most optimum. So it has been about 3 months and yesterday I decided to perform the rebalance. I started with about $5500 in a Roth IRA at Interactive Brokers and as of yesterday it has grown to $8042 with most of the growth coming from UPRO.

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Starting Hedgefundie’s Adventure at Interactive Brokers Lite

Categories: investing
Today I set up the hedgefundie portfolio at my Interactive Brokers Lite(IBKR) account. Who is Hedgefundie? Hedgefundie is a random guy over on the bogleheads forum who’s posted a portfolio of a 3x leveraged S&P fund and 3x leveraged long duration treasury bonds. The S&P fund gives growth while the treasury bonds balance out the riskiness a.k.a provide risk parity. Hedgefundie and other forum members have done extensive backtesting and generally the strategy works.

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M1 Finance and Fees

Categories: investing
One of the key issues I have with making M1 Finance my primary brokerage and bank is their fees, which to be frank, are annoying. For example lets look at their $25 IRA Conversion Fee. If you perform say a Backdoor Roth at M1 and can swing the maximum $6000, this comes out to a cost of 0.42% or enough to pay all expenses of the Vanguard S&P 500 Fund, VOO, for 14 years!

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My M1 Finance Pie

Categories: investing
Today lets talk about my M1 Finance Pie. My M1 Finance Pie into which I’ve invested a grand total of $25 is split into two slices - Outta Control and Going To Zero. Outta Control is a copy of the hedgefundie portfolio which a 55/45 ratio of UPRO, a 3x leveraged S&P fund, and TMF, a 3x leveraged long duration treasury fund. Looking through the threads on the bogleheads forum, I think I have a 10% chance of losing it all and a 90% chance of becoming a multi-millionaire.

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Thoughts on M1 Finance

Categories: investing
I finally got around to setting up my M1 Finance account two years after I first applied. When I applied two years ago, in 2018, they asked me for a utility bill and a picture of my driver license. I sent those in and then they ignored me. Others on the M1 subreddit report this is common and expected. Two years later (like last week), while ruminating on the hedgefundie thread on the Bogleheads forum, I decided to check up on M1.

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