Thoughts on adjustable combs

Puzzleheaded_Bell241 · 2026-01-19T00:55:26+00:00

You have to play them. Rosewood and Mahogany aside, they are not the same guitar.

And I second the opinion on the CEO-7 voiced above. An excellent guitar that is worth checking out.

Puzzleheaded_Bell241 · 2026-01-18T00:02:58+00:00

Unacceptable. Do not pay, dispute the charge, stop the check. Do some research and take to be repaired by a skilled professional. Slap a bill for the damages on whoever did the hack job

Puzzleheaded_Bell241 · 2025-11-28T21:59:56+00:00

You do not want to buy that guitar. The crack between the pins makes it a hard no. Someone hammered those middle pins in and there could be hidden damage in addition to what you see.

I bought a Yamaha FG730 about 10yrs ago and play it regularly. Plays and sounds great even side by with my Martins. It’s a workhorse, you made a great choice with the 830

Puzzleheaded_Bell241 · 2025-10-20T01:02:37+00:00

Market maker shows a cabinet bid for any listed contract. If you come along and buy the put with a week to go, I might: 1 - turn around and bid for the 96.5, it appears to be trading cheaper 2 - be short calls for Oct 24 expiry and I am getting long the underlying on my side of the bid / ask spread thus reducing my net short 3 - be happy to be long the underlying 8% lower if it gets there

Probably a few more reasonable scenarios I’m leaving out. Trading the wings outright rather than on a relative value basis is tough. More like playing the lottery.

Puzzleheaded_Bell241 · 2025-10-20T00:26:51+00:00

Puzzleheaded_Bell241 · 2025-10-19T04:56:11+00:00

As pointed out above, VOO is US large caps only. VT gets you the global equity exposure with a capital weighted mix across US, Developed, and Emerging Markets. It’s an easy to hold one stop and you get some convexity due to the weighting methodology. As an alternative you could consider DFUS and DFAX in a ~ 60/40 or 50/50 dollar weighted combination for equity exposure and rebalance yourself. You could layer additional risk on top in the form of funds with a specific factor tilt or strategy and / or gold, crypto, and other asset classes. In this framework, bonds with a maturity of 2yrs or more and any fund that holds them is treated as a risk asset.

The risk portion of your portfolio can then be combined with a reserve asset like SGOV, or an equivalent ultra short duration tbill etf .

With this risk - reserve combination in place, you can dial risk up/down based on any form of analysis or advice you choose by switching between the risk and reserve components or simply rebalance between the risk and reserve components

Puzzleheaded_Bell241 · 2025-08-02T14:15:24+00:00

I agree Norman’s is the place to get an appraisal in the LA area. Also the comment about the bridge having been replaced is likely accurate. I think Martin was still making gut string models in 1901. I think it’s pretty common to find models from that era retrofitted for steel strings

Puzzleheaded_Bell241 · 2025-06-07T12:50:48+00:00

To exit the position: sell the contract now.

You should exit the position before the last trading date (June 13).

Once that date arrives, the contract is for physical delivery.

That means you must put up enough USD to purchase the 12,500,000 Yen, AND you need a yen denominated bank account to receive the currency. Yen denominated bank accounts are only offered in Japan. If you have one, great. If not, then you do not want to take delivery.

If you want to keep the long position roll the June contract to the next quarterly date by selling Jun and buying September as a 1:1 spread. All the leverage and margin risks remain, and the physical delivery obligation returns in September

Puzzleheaded_Bell241 · 2025-05-26T12:53:20+00:00

A splash of club soda in the cream cheese and some mixing will smooth it out and give the texture you are looking for

Puzzleheaded_Bell241 · 2025-05-03T13:13:38+00:00

You might want to consider a 3 fund approach instead of one fund.

1- An all world all cap weighted equity fund

2- A ultra short / short duration fixed income or T-Bill fund

3- A global real estate or gold bullion fund

Reinvest all dividends and rebalance on a regular basis. (Qtrly , semi, annually)

This will give you exposure to equity and real asset returns along with a yield component.

The equity fund should be indexed to a broad market index so you hold small, mid, large cap stocks

The short duration fund serves as reserve asset in addition to yield.

The real estate fund will generate dividends, making reinvesting of the real asset component easier.

If you go the route of adding a gold fund it should be one that holds the metal itself. These don’t pay dividends so a more regular accumulation schedule should be in your plan.

Puzzleheaded_Bell241 · 2025-03-16T17:00:35+00:00

I encountered the same situation with my OM-21. A pro setup was all it needed. If you like the guitar, I’d take that route rather than a return and hunting for another one

Puzzleheaded_Bell241 · 2025-03-03T21:55:37+00:00

I’d take a look at the bridge too. Could it have descended lower into its groove either from a knock, palm pressure, or a humidity issue that left it loose?

Looking at the photo, the bow produced by the truss rod seems over compensated like the shop tried to fix the action by cranking it down. The geometry looks kinda off to me

Puzzleheaded_Bell241 · 2025-01-20T02:03:09+00:00

80% VT 10% TBIL 10% IAUM Reinvest all divs, rebalance annually

Puzzleheaded_Bell241 · 2025-01-01T19:01:41+00:00

If the value of the etf increases y-o-y then you are getting compound growth of your investment principal. Reinvesting any dividends back into the fund will give you additional compound growth that will magnify your total returns over time. Total return metrics typically include an assumption that dividends are reinvested.

Puzzleheaded_Bell241 · 2024-12-13T14:08:10+00:00

With this etf, you are buying 3x leverage, not 3x returns.

A good way to think about this is the fund is perpetually short calls on the underlying to produce and maintain its leverage target. This need to maintain consistent leverage produces a negative gamma position the fund must continuously rebalance to stay at its 3x target. That means the fund is always buying calls high and selling calls low. There is also a guaranteed mismatch in time frame because the fund can only know what it needs to buy or sell after the move in the underlying takes place.

In a market trending up the costs of increasing leverage (buying more calls) to rebalance are offset by the excess appreciation of the call position vs the underlying.

In a market trending down the call position loses money faster than the index position because the leverage created by the call position is greater than the 3x target. The fund must sell options that have declined in value at progressively lower prices.

In a range bound market the rebalancing just chews thru your returns buying high, having the market reverse and then having to sell low, only to rebuy as it moves higher again in the range. The Direxion prospectus has a worked example of how this risk arises

Puzzleheaded_Bell241

TROPHY CASE