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Why are you buying bills? They barely return anything at all, specially after commissions and taxes. You need to go out at least 2-3 years to get any resonable rates

I'm withdrawing my money from Oanda, its not a lot but I think this might just create a run in these bucket shops. I rather pay the wire fee

What is crazy about this is the swiss inflation is negative, housing has stopped rising (potentially deflationary) and unemployment is perking up, all deflationary. You would think they would ride the EUR currency weakness wave for a year or two before letting go the peg in order to prop up...

Yes, I don't like that credit risk at all. I'm considering buying HKD "ibonds", they are inflation linked bonds but are different from tips. The yield is the based on their CPI or 1% (whichever is higher). At IB, the yield displayed is wrong (says 3-4% for bonds with 1-2 maturities, that is...

"Early on January 15, 2015, the Swiss National Bank (SNB) sent global financial markets into turmoil with a surprise move to eliminate its three-year-old cap on the franc (CHF). In the wake of this unprecedented market event, OANDA demonstrated its ongoing commitment to doing right by its...

Thats nuts.

The question is, what is the credit risk of Oanda? We will see if they take a hit on this EURCHF move. IB charges too much to short USD

This is why I keep insisting in the short USDHKD trade. The payoff is so ginourmeous if the trade works out. I'm thinking of shorting USDHKD in the same proportion as my USD balances. Effectively swaping the USD for HKD while still retaining the yield of my securities (oanda charges 0.125% for...

EURCHF, incredible move. too bad it didn't seem to be hinted before hand. I also didn't hear about anyone talking of this trade so I never even considered. Crazy move

These futures are extremely illiquid. At least the last time I checked then. The need to constantly buy and roll over them will probably take away a lot of the currency yield. I will check them again monday

Hi, True. I recall that Martinghoul made a similar suggestion. The question is, is that available to retail traders? As far as I know, there aren't retail forex houses offering options that go several years out. FXY, the yen ETF, only has options out to 2017

In the Money: Master the Game book, Kyle Bass talks about the Japan blowup trade being even better than the sub-prime crisis trade where he made $1B from $20M or something like that. I recall I investigated that a few years back but found no way to do that trade at a retail level with good odds...

One of the best options for OP is to reincorporate the business in Puerto Rico and bring down that tax rate by a lot, legally. But yeah, consult an expert

http://www.zerohedge.com/news/2014-12-03/james-montier-stocks-are-hideously-expensive-first-central-bank-sponsored-bubble

I haven't run the numbers as it is tough to get data but I'm pretty sure the Dalio portfolio would get a huge drawdown if tested for the 1980's early 90's Brazil. Essentially half of the portfolio turned into confetti during the hyperinflation. The stocks and gold/commodities saved the portfolio...

I finished reading the book and here are my final impressions -the book is excellent for US citizens or residents. There is quite a bit of stuff in terms of savings money in fees, having access to interesting financial products (like special kinds of annuities) or tax breaks. For instance, I...

This is not to say the book is bad. There is some great info on saving money in fees, taxes using a financial advisory instead of a broker/financial salesmen etc. For most people that's great. I just hoped it would be more precise

Back when I was in the macro game I was considering that the ideal portfolio would be a diversified mix of assets including stocks, bonds, gold, REITs and then use that portfolio as collateral to occasionally bet on macro events. You would get a 4-5% annual return(historically it would be more...

I believe Dalio can't really buy commodities/gold/REITs easily given that he has so much AUM. Thats probably why he uses TIPS. Point is, inflation protection is important

So I'm reading Tony's finance book now. There is some good stuff in there but I'm also a bit disappointed So far I run into things that makes the book not as good was I thought it would be: -He talks about a guy who only made $14,000 or less a year for his entire lifetime but ended up being...