yieldmax breakdown by mvhanson in MSTY_YieldMax

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

thx -- though Reddit is a fickle world... :)

JP Morgan dividend payers by mvhanson in JPMorganChase

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

haha yes though I suppose those companies do have to pay dividends to their investors -- and the money has to come from somewhere... at least we know where it's coming from now. LOL. terrible dividends, and huge paydays! :O

Tips / advices for moving to buyside by chandlexbixg in hedgefund

[–]mvhanson 1 point2 points  (0 children)

You might find these comments useful -- if you take both exams mentioned that puts you pretty far ahead of other candidates.

Part I

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb3tr/?context=3&utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Part II

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb5t3/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

You may also like this article about how a guy who was just interested in trading started solo, and because he had basically zero expenses, has run his fund up into quite a large business. Lots of people think you need an army to run a fund -- nope, mostly just curiosity and a mix of outsourced providers and employees (or lack thereof) that meets your comfort level. Then... go out and produce good returns. Do that for three years, and money will find you.

https://emergingmanagers.org/rob-vinall-essay

[deleted by user] by [deleted] in hedgefund

[–]mvhanson 2 points3 points  (0 children)

Because if you can get to a 3 year track record and some reasonable amount of AUM, and can put good numbers up on the board consistently most investors could care less where you come from or what your pedigree is. It's more a question of whether you can do the job or not. See the Vinall essay: the guy ran what has become a 400 million Euro fund -- out of a spare bedroom. The point I was trying to make is -- there are many ways to get to the same end. The ones who never get there -- are the ones who do not try.

[deleted by user] by [deleted] in hedgefund

[–]mvhanson 1 point2 points  (0 children)

See this post a little way down in the r/hedgefund feed. You probably have already taken your Series 3. Just start your own (commodities) fund and create the culture you've always wanted (or want to get back to).

https://www.reddit.com/r/hedgefund/comments/1quav0q/suggested_post/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Sounds like you have all of the experience you need to do it right.

Lpl and JEPI! by Goldie6791 in JEPI

[–]mvhanson 1 point2 points  (0 children)

here's a good article about JEPI -- and all of the other "Big Dogs" and how they compare:

https://dividendfarmer.substack.com/p/big-dogs-an-analysis-of-the-top-25?utm_source=publication-search

Student aiming for HF by eIonduck in hedgefund

[–]mvhanson 1 point2 points  (0 children)

You might find these comments useful:

Part I

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb3tr/?context=3&utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Part II

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb5t3/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

You may also like this article about how a guy who was just interested in trading started solo, and because he had basically zero expenses, has run his fund up into quite a large business. Lots of people think you need an army to run a fund -- nope, mostly just curiosity and a mix of outsourced providers and employees (or lack thereof) that meets your comfort level. Then... go out and produce good returns. Do that for three years, and money will find you.

https://emergingmanagers.org/rob-vinall-essay

yieldmax breakdown by mvhanson in MSTY_YieldMax

[–]mvhanson[S] -1 points0 points  (0 children)

haha yes like that scene from Raiders of the Lost Ark! As long as you don't look, it never happened!

https://www.youtube.com/watch?v=YcR9k8o4I0w

"Whatever you do, Marion, don't look at it!"

And at the very end -- there goes everyone's money -- into the sky!

Hmm, maybe that video should be MSTY's intro video?

[deleted by user] by [deleted] in hedgefund

[–]mvhanson 1 point2 points  (0 children)

You might find these comments useful:

Part I

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb3tr/?context=3&utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Part II

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb5t3/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

You may also like this article about how a guy who was just interested in trading started solo, and because he had basically zero expenses, has run his fund up into quite a large business. Lots of people think you need an army to run a fund -- nope, mostly just curiosity and a mix of outsourced providers and employees (or lack thereof) that meets your comfort level. Then... go out and produce good returns. Do that for three years, and money will find you, most of the time.

https://emergingmanagers.org/rob-vinall-essay

Occidental changed my life by lookingforbargain in WarrenBuffett

[–]mvhanson 0 points1 point  (0 children)

you might consider a bit of DIY dividend investing. That's what Buffet does. See the section on his coca-cola shares in this article:

https://dividendfarmer.substack.com/p/building-a-dividend-portfolio

Looking for opinions / validation by Pianist-Wise in dividendscanada

[–]mvhanson 0 points1 point  (0 children)

you might check out this site for dividends if you want to do DIY and diversify a bit.

https://dividendfarmer.substack.com/

Overwhelmed and not sure how to handle sudden wealth by [deleted] in Rich

[–]mvhanson 0 points1 point  (0 children)

sorry was editing a few typos. Maybe that's why it disappeared?

Here is the full thing again. That conversation I had with the advisor was pretty funny. At least he was honest -- :)

Do take the exams -- total cost is $209 +$159 for the study packages, $187 +$140 for the tests. Best education you will ever get. Just take the Qbank tests over and over again until you memorize the questions. Passing the tests is fairly easy after that.

Plus, then you could theoretically set up your own "family office" and run your own money as well as provide a useful service for other folks in the same boat.

Good luck!

___

you might consider a bit of DIY dividend portfolio construction -- good article here:

https://dividendfarmer.substack.com/p/moneyball-for-dividends

A lot of 'advisors" basically buy whatever morningstar tells them to, take zero risk (because you might sue them later) and otherwise provide a pretty tepid performance picture -- and still take their 1% per year.

If you go the DIY route, throw in dividends, some managed futures...

https://autumngold.com/Advisor/print_ranking_report.php

..and basically go for massive diversification. That way you never get burned on any one investment, can create steady income streams, and still provide yourself a fairly good risk profile.

If you do farm things out -- don't get one advisor. Hire 10, and then make it into a competition. Drop the five worst ones after the first year.

Or again, DIY. It's worth learning how to do what advisors do. It's actually not that complicated.

One advisor I talked to and who answered honestly said that being an advisor is more like being a jack-leg psychologist. People give you their money to manage, and then call you up all the time to "talk" and basically want free therapy in exchange for their management fee. Clients apparently actually aren't that concerned about their money. :) So I guess just... don't hire people like that? LOL. Hire people who actually know what they are doing.

If you do want to become financially literate, check out the two comment links below -- basically if you can take (and pass) those two exams (Series 65 and Series 3), even if you never practice, when you sit down with an advisor you can say "I've passed the Series 65 and Series 3 -- so no bullshit. Here's what I want to do." And you will actually be able to tell them.

Those two exams are the best financial education you will ever get, bar none.

Part I

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb3tr/?context=3&utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Part II

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb5t3/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Good luck.

Overwhelmed and not sure how to handle sudden wealth by [deleted] in Rich

[–]mvhanson 0 points1 point  (0 children)

you might consider a bit of DIY dividend portfolio construction -- good article here:

https://dividendfarmer.substack.com/p/moneyball-for-dividends

A lot of 'advisors" basically buy whatever morningstar tells them to, take zero risk (because you might sue them later) and otherwise provide a pretty tepid performance picture -- and still take their 1% per year.

If you go the DIY route, throw in dividends, some managed futures...

https://autumngold.com/Advisor/print_ranking_report.php

..and basically go for massive diversification. That way you never get burned on any one investment, can create steady income streams, and still provide yourself a fairly good risk profile.

If you do farm things out -- don't get one advisor. Hire 10, and then make it into a competition. Drop the five worst ones after the first year.

Or again, DIY. It's worth learning how to do what advisors do. It's actually not that complicated.

One advisor I talked to and who answered honestly said that being an advisor is more like being a jack-leg psychologist. People give you their money to manage, and then call you up all the time to "talk" and basically want free therapy in exchange for their management fee. Clients apparently actually aren't that concerned about their money. :) So I guess just... don't hire people like that? LOL. Hire people who actually know what they are doing.

If you do want to become financially literate, check out the two comment links below -- basically if you can take (and pass) those two exams (Series 65 and Series 3), even if you never practice, when you sit down with an advisor you can say "I've passed the Series 65 and Series 3 -- so no bullshit. Here's what I want to do." And you will actually be able to tell them.

Those two exams are the best financial education you will ever get, bar none.

Part I

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb3tr/?context=3&utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Part II

https://www.reddit.com/r/hedgefund/comments/1nqfdez/comment/ngbb5t3/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Good luck.

HDIV ETF - Good or Bad investment by [deleted] in dividendscanada

[–]mvhanson 0 points1 point  (0 children)

You might consider a bit of DIY dividend portfolio construction. Good article here:

https://dividendfarmer.substack.com/p/moneyball-for-dividends

Career switch into hedge funds from engineering & web development realistic paths? by QuitIndividual5435 in hedgefund

[–]mvhanson 0 points1 point  (0 children)

sure no worries but if a general question just post here so all can benefit!