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birb_cromble  2d ago (text post)   866 thread views

Weekly Finance Thread

Since a lot of us here have expressed interest in not starving to death in a gutter, I figured I'd start a weekly thread to discuss financial matters.

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I could use some investing advice. I have about $120k in Vanguard VTSAX and $100k sitting around in a bank account that I have no plans for at the moment. My goal is to be low effort and just sit long on it, since I'm lazy and just generally want it to sit around and not have to pay attention to it. Should I just buy more VTSAX? Are there better index funds I can throw my money in and get more returns long term? I don't want to have to actually pay attention to the stock market and buy and sell different things, but am not sure if I'm leaving money on the table by not knowing about XYZ fancy financing thing I could stick my money in.

I guess I’m moderately bearish. Maybe a little sell in May correction. So I think I would wait for a 10% correction to deploy.

Some funds I’ve come across that could be of interests is David Orr’s Militia Capital. Does long and short. A lot of Japanese value. It’s corrected. Has had solid performance since inception. It’s a younger fund but I think you want managers in their prime. They do burn out. So he probably has 10 years. Also Gator Capital always interested me some for financials exposure. I think you can take 10-20% of exposures outsides of just beta products. Bonds also look like a reasonable risks reward at 5% on 30’s. So you can probably put $50k of your cash into them now. If shit would hit the fan they definitely provide a good hedge to other exposures now. If QE was needed again you could get a lot of cap gains there.

I guess I’m moderately bearish. Maybe a little sell in May correction. So I think I would wait for a 10% correction to deploy.

You could be waiting for years, at which point you will be buying back at a much higher price than had you bought now.

This is why I tend to DCA.

even then you end up missing out. research shows if you have any $ the optimal strategy is to go all in

I do it every month from cash flow, so it's not like I'm losing out much. I don't have a lump sum to sit on.

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