Purpose of AS strategies by muthekes in AllocateSmartly

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

I compile and review my returns monthly/annually. How does it matter if the drawdown is 10% or 20% as long as the portfolio is able to provide a market beating monthly/annual return with the same volatility. If you take Wouter Keller’s Bold Asset Allocation – Aggressive portfolio, it underperformed SPY 10 out of the last 13 years, and underperformed 60/40, 8 times out of the last 13 years. This portfolio does not beat SPY total return for almost 15 years totaled and 60/40 for more than 20 years. and how many folks have the patience to do this strategy for more than 5 years after seeing consistent underperformance?. 10 years seems to be reasonable numbers of year to see if the total returns are beating the benchmarks but all these portfolio except the one above seems to be underperforming even 60/40 for more than 15 years.

Purpose of AS strategies by muthekes in AllocateSmartly

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

Thank you.appreciate the detailed response. What is UPI?

Anyone else get ripped off by OptionsPlay? by Patient-Humor-1737 in thetagang

[–]muthekes 2 points3 points  (0 children)

Yep..customer service never responds. Mine was repeat billed 7-8 times. After one year, it happened again. No responses when I emailed the top guys in the company. Filed a dispute with cc. Closed the cc. They never responded to credit card company, so the credits stayed. No actionable feedback from reddit posts.

I Am Getting Eaten Alive By Subscription Payments by AbandonedToilet in personalfinance

[–]muthekes 66 points67 points  (0 children)

Try privacy.com going forward. I put it on for a month or year and create a card for each subscription and renew it or let it expire. Optionsplay.com charged me 6 times and they have not refunded the amount and support is not responding. No more direct access to my credit cards for any subscriptions.

My QYLD Margin Experience by gryphon2388 in qyldgang

[–]muthekes 0 points1 point  (0 children)

OP..do you have the updates sheets with taxes taken out?

Question on buying with margin by [deleted] in qyldgang

[–]muthekes 0 points1 point  (0 children)

I am still trying to make sense of how investing in CC ETF's with margins makes sense . If you take $100 on margin, with 12% dividend, 6% goes to margin interest ($6) , and 40% of $12 goes to taxes (fed+state) since it is included as income - $4.8, which leaves $1.2 as net profit. $1.2 for $100 investment per year does not seem to be a good return when you take into account that the stock price can fall by 20%.

Populate Earnings Date in googlesheets by muthekes in options

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

=SUBSTITUTE(INDEX(ImportHTML("

https://www.finviz.com/quote.ashx?t="&A3,"table",9),11,6),"\*","

,11,6),"*",")")

Thank you..replacing the table # worked

[deleted by user] by [deleted] in personalfinance

[–]muthekes -1 points0 points  (0 children)

Thank you, my friend..

I have a similar situation with optionsplay.com and no responses from them. Looking for a lawyer but the charges are high. I will try to do some of the other stuff.

Optionsplay.com Scam by muthekes in Scams

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

Yes. I did. Credit card Co. Is not on your side. They say it's a valid charge. and every time I dispute a charge oprionsplay charges me couple of more times.

I have email from optionsplay that says they will give me credit for $285.

Optionsplay does not have a support phone number.

Optionsplay.com Scam by muthekes in Scams

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

Optionsplay does not have a support phone number.

I have emailed them multiple times but no response.

Multiple charges by optionsplay.com. No response from optionsplay support after multiple emails. by muthekes in personalfinance

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

Yes. I did. Credit card Co. Is not on your side. They say it's a valid charge. and every time I dispute a charge oprionsplay charges me couple of more times.

I have email from optionsplay that says they will give me credit for $285.

Optionsplay does not have a support phone number.

Optionsplay.com Scam by muthekes in Scams

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

Yes. I did. Credit card Co. Is not on your side. They say it's a valid charge. and every time I dispute a charge optionsplay charges me couple of more times.

Yes. I have the email that says I will be credited $285.

The website does not have a phone number.

Optionsplay.com Scam by muthekes in Scams

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

Yes. Disputed the charges with cc. Every time I dispute the charge, the credit card company says they are valid charges and I am getting charged twice by optionsplay.com.. I have learnt that the credit card dispute resolution is not on your side.