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  1. kmiklas

    $1,000,000 Properly Managed

    There won’t be a 50% drawdown. The “LOOMING RECESSION” is priced-in.
  2. kmiklas

    $1,000,000 Properly Managed

    Treasuries are paying 5.5%. Care for a risk-free $55,000 this year? You’ll sleep like a baby. Along with $SPY, this is your benchmark. See if you can beat them with your cute little Fx strat. …and these are real-world assets traded with real money. I’d rather you trade with 1k in the real...
  3. kmiklas

    45-day hold time - Treasury Direct

    I was thinking of buying Treasury issues, moving them to my brokerage, and reselling them for a small profit. Basically brokering them. I thought perhaps I could make a risk-free dollar or two. Not as easy as I'd thought. In addition to a 45-day hold time, moving issues out of...
  4. kmiklas

    How about a $19,000-per-month internship this summer?

    God only knows the hours they're making these kids put in.
  5. kmiklas

    Flipping Sneakers

    Almost like a Treasury Bill: buy it at a discount, and in six months it matures into the full value... although you must agree that there's a bit more risk involved here! :D Yeah I agree that it was closest to a future, except they weren't buying a contract, they were actually paying a...
  6. kmiklas

    Flipping Sneakers

    Why do you think he was selling them short? Looks to me like a combination of a Ponzi scheme and making an options market for sneakers. Great story thanks for sharing!
  7. kmiklas

    45-day hold time - Treasury Direct

    Hmm... if I were to buy a 4-week bill maturing in 28 days, and roll it into a new purchase, can I then transfer it out immediately and cut the time down by around 15-17 days? Example: on May 1st acquire a 4-week bill, which matures on May 28th, and roll that into another auction on the 29th...
  8. kmiklas

    45-day hold time - Treasury Direct

    Seems there as a 45-day hold time before securities purchased via Treasury Direct can be transferred to a broker and marketed. Is this true? Is there any way around this (outside of rolling maturities into a new bond). 45 days is a looooong time... 1080 hours...64,800 minutes... 3,888,000...
  9. kmiklas

    Muni offers - Direct purchase

    Thank you <3
  10. kmiklas

    Muni offers - Direct purchase

    First, thank you for your referral to Schwab for agency bonds. Based on your opinion I set up an account with Fidelity. I have a big T issue maturing in July and plan to break that up and purchase some agency issues. So it looks like I must work through an investment bank to purchase a Muni? I...
  11. kmiklas

    Muni offers - Direct purchase

    Anyone know the smart way to view and buy Muni offerings directly (e.g., not through a broker)? In other words, buy the municipal bonds directly from the municipality, city, town, etc. that's making the offer. Cut out the middle-man. What's the "Treasury Direct" of the Muni world? Thanks...
  12. kmiklas

    Trading US Treasury Yield Curve

    Can you please give an example of how people trade the yield curve? ty
  13. kmiklas

    Oxford Lane Capital Baby Bonds

    So the Fund profits from positions in high-risk tranches on CDO/CDLs. They mitigate risk via diversification, and limitations on leverage. These “baby bonds” are used to fund purchases, and the Funds also have a layer of preferred stock to further protect the lender/babybond buyer. Where’s the...
  14. kmiklas

    Oxford Lane Capital Baby Bonds

    CDOs
  15. kmiklas

    Bond break-even calculator

    Thank you!!!
  16. kmiklas

    Bond break-even calculator

    Anyone know of a calculator that will tell me if it makes sense to sell a bond at current market price? That the market price of the bond has “broken even,” and market price is >= holding to maturity, including taxes and the time value of money? Simple example: BOT 1yT bill with a 5% yield...
  17. kmiklas

    Market GPT for a trading edge?

    Until the ML algos start accurately predicting your moves and turn your portfolio blood red.
  18. kmiklas

    Market GPT for a trading edge?

    Then how would you use GPT to gain an edge?
  19. kmiklas

    Market GPT for a trading edge?

    I think you misunderstand... I'm not talking about a _language_ model, I'm talking about a generative model "pre-trained" with market data. GPT is far more than language. It can be used to generate images, sound.. and even a market snapshot. In other words, instead of generating language, it...
  20. kmiklas

    Market GPT for a trading edge?

    Anyone using GPT for a trading edge? Create an LLM, or LTM (“large trading model :)” trained on equities data, generate a future market state, and trading based on this prediction/expectation. I know it’s been done at the institutional level, but now that GPT is becoming available to the...
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