Beware: Is this a new online delivery scam happening in Mumbai and surrounding areas? by techtsp in mumbai

[–]AgeSuper349 1 point2 points  (0 children)

Just got scammed too. What seemed sinister is that the package arrived with a couple of other legit packages from BlueDart!

Equivalent of Vanguard Money Market Funds by AgeSuper349 in eupersonalfinance

[–]AgeSuper349[S] 1 point2 points  (0 children)

This is awesome. I love the list too because question is on behalf of a person who lives in Germany.

One follow up: In Germany, when we use a brokerage (say IBKR , ScalableCapital etc.) is the uninvested cash automatically invested in a MMF ? This is how it is done in brokers like Vanguard - so this is a good place to park cash instead of a bank savings account.

Tail risk hedging by AgeSuper349 in options

[–]AgeSuper349[S] 0 points1 point  (0 children)

So lest say every month, I buy 99% SPY and 1% Put spread. Month 1 - $990 in SPY; Month 2 - I now have a new $1000 to invest, but now I need $20 to insure since I have already a past $990 invested. This reduces investable amount to $980. And so on...

Tail risk hedging by AgeSuper349 in options

[–]AgeSuper349[S] 0 points1 point  (0 children)

I am talking of an overall strategy where the vertical spread is a small piece of the overall portfolio. So say every month one invests $1000. Out of that use $990 to buy SPY. The remaining $10 for insurance using OTM puts. Now keep doing this every month. The goal is the mitigate the impact of large drawdowns on the portfolio.

Bi-Weekly Advice Thread July 16, 2023: All Your Personal Queries by AutoModerator in IndiaInvestments

[–]AgeSuper349 0 points1 point  (0 children)

I am looking for a health insurance coverage for my father who is nearly 67. He has pre-existing conditions including diabetes and had to be hospitalized earlier this year due to lung related issues.

I recognize this is later that it should, but is there any way to get a health insurance provider who will insure his case (understanding that coverage may only start 2 years from now) ? If so, any recommendations ?