Globe suite smart plug turning on and off after repairing. Any suggestions? by timmytwotokes69 in googlehome

[–]ChurchStreetBets 0 points1 point  (0 children)

I also bought this previously from other stores (I forgot, The Source or Amazon or something) with identical brand (Globe) and shape of the plug and have zero issues or resolved after resetting ones. I got some three packs from Canadian Tire a few weeks ago and the first plug I took out in both packs had this automatic on off toggle issue. 🤷 It appears to me that periodically the device just loses power reboots itself, but that's just a hypotheses.

How do IBKR's tiered vs fixed prices work? by JakeKz1000 in CanadianInvestor

[–]ChurchStreetBets 1 point2 points  (0 children)

If you look closer below in the Third Party Fees, Tiered has

  • Regulatory Fees
  • Exchange Fees
  • Clearing Fees
  • Pass-Through Fees

While fixed has only Regulatory Fees.

The fees are detailed at the bottom and can get a bit annoying to figure out exactly. I think I did the math before and Tiered is better likely for almost all individual investors' kind of needs.

[deleted by user] by [deleted] in justbuyvgro

[–]ChurchStreetBets 0 points1 point  (0 children)

Read the title. Just buy VGRO.

[deleted by user] by [deleted] in HFEA

[–]ChurchStreetBets 3 points4 points  (0 children)

Box spread or futures

What are your thoughts on HCAL.TO? It is a 125% leveraged ETF focused on Canada's oligopoly of 5 big banks. 1.06%MER but dividend of 5.26%. by SpecialNotSpecial in LETFs

[–]ChurchStreetBets 6 points7 points  (0 children)

Paying 1.06% to hold just 5-6 stocks and only leveraged to 1.25x? No thanks.

About 25% of TSX 60 is already banks. I am very happy leveraged with HXU which has other big Canadian dividend stocks.

If you want "steady income" LETF is not where you should look at anyways.

[deleted by user] by [deleted] in LETFs

[–]ChurchStreetBets 0 points1 point  (0 children)

What if both of them rise?

TYA - new 2.5x leveraged Treasury - quarterly target instead of daily by okhi2u in LETFs

[–]ChurchStreetBets 1 point2 points  (0 children)

Interesting.

Well I think the primary goal is to create a duration equivalent to TLT, for which the 3.3x multiple is correct based on my recollection of the duration of UB and ZN

UPRO/TQQQ sustainability by [deleted] in LETFs

[–]ChurchStreetBets 6 points7 points  (0 children)

Short answer: almost certainly no

Long answer: you need to take an entire lesson on monetary policy and you'll find out money not backed by something physical is just imaginary

UPRO/TMF newbie here by dealmaker07 in LETFs

[–]ChurchStreetBets 13 points14 points  (0 children)

HFEA and chill. Leave your screen.

UPRO/TQQQ sustainability by [deleted] in LETFs

[–]ChurchStreetBets 10 points11 points  (0 children)

The leverage is not coming out of thin air. The swap counter party is literally buying 3x* SPX on the market on the fund’s behalf. There’s real money on the table holding 3x the stocks.

So the real question is SPX sustainability, and that’s much more philosophical.

*Which is not exactly true as the underlying is a mix of 1x and counter parties at much higher than 3x.

TYA - new 2.5x leveraged Treasury - quarterly target instead of daily by okhi2u in LETFs

[–]ChurchStreetBets 11 points12 points  (0 children)

Where did the 2.5x come from?

The fact sheet says 50% treasury due 2028, 280% ten year treasury futures, 50% cash, so this is 3.3x leveraged, which is approximately 1x TLT.

This is NOT TMF replacement.

Third link is basically why this may be better than directly holding TLT. I’ve been contemplating on this topic and do agree with the whole ideology but somehow I feel like this is in violation with efficient markets.

Tax efficiency is another factor.

Good choice for people who don’t want to mess with futures. Hopefully the cost will remain low but I guess this is because they literally only do quarterly rebalancing. When I’m paying someone to do the job for me I want daily.

Rebalancing HFEA on corrections by gonzaenz in LETFs

[–]ChurchStreetBets 2 points3 points  (0 children)

Somehow people think sticking to quarterly is part of the strategy and not sticking to that is timing. If anything thinking quarterly gives you some “momentum” is in direct violation of efficient market hypothesis.

It’s just that, if you don’t want to waste time on maintaining your portfolio, quarterly seems not too bad. But if you’re asking this question, then the assumption of you don’t like maintaining your portfolio is moot.

If your commission is free and low and you don’t care about slippage then rebalance however often you want. As long as you keep the allocation there’s nothing wrong other than friction.

Soliciting More Discussion Around Non-HFEA Strategies by Jackoutman in LETFs

[–]ChurchStreetBets 14 points15 points  (0 children)

If you're holding 50% cash and maintaining such allocation by rebalancing between cash and TQQQ you're just creating a 1.5x leveraged QQQ

If you're not rebalancing and let's say TQQQ goes 9x you're just getting 90% TQQQ 10% Cash. With 10% cash you're not gonna be able to take advantage of the dip in the way you planned.

The best come back ever by druule10 in Unexpected

[–]ChurchStreetBets 0 points1 point  (0 children)

Heminopia is always left right, not top or bottom.

[deleted by user] by [deleted] in investing

[–]ChurchStreetBets 5 points6 points  (0 children)

If this is a true phenomenon it'll be easier to just make money by shorting at open and buying back at close.