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Thread: ETF for dummies

  1. #1

    Default ETF for dummies

    Just ordered the ETF for dummies book. Since it seems that many are using ETF traded funds to keep there old formerly TSP funds actively gaining money in the above 10% yearly range, am thinking I need to understand this well. If anyone has any suggestions of further cheap-free education on ETF please make a comment.

    Even though I have been here a year, am still feeling ignorant in too many ways.

    It looks like I can roll-over my 401k funds into a 401K ETF type fund, on VANGUARD. Did poorly in my generic medium risk 401K with only 1% gain in 2014, and hope to do much better via ETF and moving funds around, within the limits.


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  3. #2

    Default re: ETF for dummies

    It's one of those things where you jump in and you get it, but Googling ETFs, leveraged ETFs, etc., should bring up a lot of info.

    We mainly trade SSO and SDS for the system, while some use more aggressive ETFs like TNA, TZA, UPRO, etc.

    I actually created an ETF Talk website but it kind of died as people kept taking about them here. It's still out there, however, and there is some good info on it... ETF Talk Forum - The Front Page
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  5. #3

    Default re: ETF for dummies

    Thanks Tom - without digging through the pages and hours of literature on the web site. What ETF are equivalent to which TSP funds? is there a G-fund equivalent? Is there a S fund, F fund and C fund equivalent?

    Am trying to find that equivalent, as my first trade will be the match the existing recommendations on the ETF, so that I am on track. Am clueless and want to set up my vanguard ETF immediately for functional use.

    I know CASH means to convert to CASH from whatever is in your ETF funds and hold it; like the G fund. And am confused about what SSO and SDS are unless they are the ETF equivalents to the TSP funds (not sure which is which yet). Maybe one is a long term fund equivalent to S&P500 index, and the other is a short term fund.

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  7. #4

    Default re: ETF for dummies

    It depends if you want to make the ETF System Trades, or mimic the TSP.

    SPY is the C-fund
    AGG or TLT are probably best for the F-fund
    IWM is a Russell 2000 ETF (small caps), which isn't exactly our S-fund but it generally moves in the same direction.
    Cash is what we use as the G-fund

    SSO / SDS are ETF's that long / short the S&P 500 (leveraged x 2) - you might get a better explanation if you google that
    TNA / TZA are long / short small cap ETFs (leveraged x 3)
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  9. #5

    Default re: ETF for dummies

    Quote Originally Posted by tsptalk View Post
    It depends if you want to make the ETF System Trades, or mimic the TSP.

    SPY is the C-fund
    AGG or TLT are probably best for the F-fund
    IWM is a Russell 2000 ETF (small caps), which isn't exactly our S-fund but it generally moves in the same direction.
    Cash is what we use as the G-fund

    SSO / SDS are ETF's that long / short the S&P 500 (leveraged x 2) - you might get a better explanation if you google that
    TNA / TZA are long / short small cap ETFs (leveraged x 3)
    Thanks!!!!!

    And they all can be bought-moved-sold with a Vanguard ETF account I assume? Given whatever limits are available for ETF and 401K money. Or is that a Vanguard question?

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  11. #6

    Default re: ETF for dummies

    I'm not too familiar with what Vangaurd provides. But even if they don't allow ETF trades, I know they have their own similar funds. You may need to ask them about any limits on the number of trades and costs.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  13. #7

    Default re: ETF for dummies

    Ok, welcome to my new home for my D and D'er questions.

    Well, here's a reflection of my greediness. (every now and then I get it.)
    I received an offer in the mail for a balance transfer check with zero (0) interest for one (1) year (10/1/2017), but with 1% balance transfer fee.
    I can also use it to write a check to myself with the same terms.

    Since I want to increase the capital for my ETF trading, I think this would be a very cheap source of capitalization.
    And when 1 year is over, I have CD's that would have matured by then to pay off the balance.

    It will cost me only $70.00 a year to borrow $7000.
    I think I will make an easy and ultra conservative $20.00 a month in my trading. Does it sound like a good deal?
    Emotions should never play a role in one's investing strategy!
    No to Greed...No to Fear!
    http://share.robinhood.com/mariloc1

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  15. #8

    Default re: ETF for dummies

    Money is certainly cheap right now and taking advantage is a good idea. Assuming you read all the small print, it sounds like a reasonable deal.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  17. #9

    Default re: ETF for dummies

    https://youtu.be/KdKLlRXnbyk

    I am trying to learn stock trading...from somebody who doesn't trade... LOL

    "...Sasha Evdakov, the owner of TradersFly, does not trade. Yet he is offering private mentoring at a cost $20,000 to learn "The Secrets of the Stock Market". In addition to the private mentoring, he is offering various books, courses and DVD's on how to become a master trader. Unfortunately, he has no track record of any successful trading whatsoever. However, I must give him credit for expertly recreating already published material..." Review by Emmet Moore
    Emotions should never play a role in one's investing strategy!
    No to Greed...No to Fear!
    http://share.robinhood.com/mariloc1


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  19. #10

    Join Date
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    Default re: ETF for dummies

    Quote Originally Posted by Maricar19 View Post
    https://youtu.be/KdKLlRXnbyk

    I am trying to learn stock trading...from somebody who doesn't trade... LOL

    "...Sasha Evdakov, the owner of TradersFly, does not trade. Yet he is offering private mentoring at a cost $20,000 to learn "The Secrets of the Stock Market". In addition to the private mentoring, he is offering various books, courses and DVD's on how to become a master trader. Unfortunately, he has no track record of any successful trading whatsoever. However, I must give him credit for expertly recreating already published material..." Review by Emmet Moore
    "Those who can, do; those who can't, teach."

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  21. #11

    Default re: ETF for dummies

    https://youtu.be/txWaMpSzHhM Found another ..Warrior Trading. they have better reviews.
    Emotions should never play a role in one's investing strategy!
    No to Greed...No to Fear!
    http://share.robinhood.com/mariloc1

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  23. #12

    Default re: ETF for dummies

    Quote Originally Posted by userque View Post
    "Those who can, do; those who can't, teach."
    Userque, can you help me with a simple excel formula? How do I put an "if formula on my worksheet (column G) without putting 1 on either Buy and Sell columns?
    See, if I multiply Buy (D) column with shareprice (F) , I get a zero because sell (E) column is blank. So I end up putting a (1).
    The same goes with sell (E) column *shareprice (F), because Buy (D) column is blank.
    I drag down the formula on G column.

    Gain/Loss
    Buy Sell $240.22
    6-Jun SPXU 18 1 26.45 $ 476.10
    7-Jun SPXU 1 18 26.12 $ 470.16 ($5.94)
    Emotions should never play a role in one's investing strategy!
    No to Greed...No to Fear!
    http://share.robinhood.com/mariloc1

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