Moomin Valley

Personal Finance, Investing, and Economics

Thursday, May 30, 2019

Cancelled my Income Protection Insurance

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Unisuper are raising the cost of income protection insurance by 43%. I can't see why I am paying for this insurance any more, and, so, I...
3 comments:
Friday, May 24, 2019

May 2019 Report

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In May the Australian Dollar fell from USD 0.7047 to USD 0.6930. The MSCI World Index fell 5.85% and the S&P 500 6.35%. The ASX 200 ros...
Tuesday, May 21, 2019

Asset Allocation at "Peak Bonds"

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At this point we have probably finished expanding our allocation to bonds and from here the share will fall again. So, I thought it would ...
Sunday, May 19, 2019

Weekend Trading

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Bitcoin is again rising over this weekend, so far. I set a stop buy order in my CFD trading account, which allows me to trade Bitcoin 24/7 f...
Friday, May 17, 2019

Monday's Move in Bitcoin was a Huge Outlier

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The weekend move in Bitcoin extended into Monday's trading and Bitcoin ended up rising 25%. You can see how much of an outlier that was...
Sunday, May 12, 2019

Bitcoin Going Completely Nuts Over the Weekend

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I've noticed that in recent days Bitcoin has gone up starting at around 6pm US Eastern time when all stock markets in the World apart fr...
Wednesday, May 08, 2019

More Asymmetry

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A couple of days ago I posted about the asymmetry of market returns capture by the target portfolio. The portfolio captured less than 100%...
Tuesday, May 07, 2019

Varying Position Size Still Doesn't Make Sense

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Last year, I posted that increasing trading position size when volatility is lower didn't make sense for my trading system. When the vo...
Sunday, May 05, 2019

Target Portfolio vs. the MSCI World Index

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The graph shows monthly returns for the target portfolio vs. the MSCI World Index in Australian Dollar terms. The linear fit shows a beta ...

Margin Requirements for Bitcoin Futures Trading

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I just discovered that while going long a Bitcoin futures contract requires margin of about USD 16843.75 per contract, going s...
1 comment:
Friday, May 03, 2019

April 2019 Report

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In April the Australian Dollar fell from USD 0.7096 to USD 0.7047. The MSCI World Index rose 3.18% and the S&P 500 3.72%. The ASX 200 r...
1 comment:
Friday, April 26, 2019

Bitcoin Trading Update

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This morning Bitcoin plummeted several hundred dollars at the open of the US overnight session on Globex. It triggered both my sell sto...
Wednesday, April 24, 2019

Updated Post on Labor's Tax Increase Proposals

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I had forgotten about one of Labor's proposals to increase tax. Limiting tax free pensions to $75k per year. I've now added it to th...
Tuesday, April 23, 2019

Update on Trading Research

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I came to the conclusion that none of the trading tools I developed are reliable. They can match market behavior for a while and make money,...

Save 4% on Transferring Money to Australia

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My brother is planning sending me my share of the proceeds of selling my mother's apartment. If we sent the money in Falafeland curre...
Sunday, April 21, 2019

Doing More Trading Research

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Seems like April is the time for me to think about trading. I developed a very simple mechanistic trend-following model for trading Bitcoin ...
Friday, April 05, 2019

March 2019 Report

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In March the Australian Dollar fell from USD 0.7106 to USD 0.7096. The MSCI World Index rose 1.32% and the S&P 500 1.94%. The ASX 200 r...
1 comment:

CommBank App Not Working

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More financial frustrations today... Recently I set my phone up to pay cardlessly using the CommBank App. But today, I went to buy lunch and...

Restrictions on Withdrawing Cash at Interactive Brokers

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If you move money to Interactive Brokers through the American banking system, they put a hold on your money so that you can't withdraw i...
1 comment:
Wednesday, April 03, 2019

Bitcoin

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I thought it was time to buy Bitcoin when I heard that CBOE was dropping Bitcoin futures contracts. Supposedly, when everyone hates somet...
Wednesday, March 27, 2019

Reduced Incentive to Access Superannuation as Early as Possible

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Currently, Australian superannuation earnings are taxed at 15% and 10% for capital gains while you are in the "accumulation" ph...

Planning Permission Refused

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I got an email today from the city planning office that the development in our neighbourhood that I had objected to was refused planning ...
Saturday, March 23, 2019

Leave Liability

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Here in Australia, employers nowadays seem to be very concerned about people not taking their annual leave entitlements. If your balance ...
2 comments:
Sunday, March 17, 2019

Pengana Private Equity

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Pengana Capital is launching a listed investment trust that will invest in global (but mostly North American) private equity funds. I a...
Saturday, March 09, 2019

Benchmarking

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As we move further away from an equities oriented portfolio , I think that benchmarking against equity indices makes increasing less sense. ...
Saturday, March 02, 2019

February 2019 Report

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In February stock markets continued their rebound. The Australian market rose especially strongly. The Australian Dollar fell from USD 0.72...
2 comments:
Thursday, February 14, 2019

Retiring in Australia and Spending Dividends Only

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Big ERN has a new blogpost about the safe rate of withdrawal in retirement. He takes on people who say that you can avoid the problem of se...
4 comments:
Wednesday, February 06, 2019

Today's Moves

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I bought more corporate bonds. This time in Royal Bank of Canada and Welltower . These were the highest yielding investment grade bonds that...
Monday, February 04, 2019

Do You Feel You are in a Lower Wealth Percentile Than What the Official Data Say?

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People tend to think they are less relatively wealthy than they are . You can check out your perceptions against reality for a number of cou...
3 comments:
Friday, February 01, 2019

January 2019 Report

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In January stock markets rebounded but because the Australian Dollar rose, we didn't gain a lot in Australian Dollar terms. The Austral...
Wednesday, January 30, 2019

Understanding Increase in Spending Better

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I wanted to understand why spending in the 2018 calendar year was up 28% on 2017. The first step was computing a spending breakdown for the...
Tuesday, January 29, 2019

Gold

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Put my toes into the water by buying a small 0.5% position using the IAU ETF. I've posted about gold previously and it is in our long-t...
Saturday, January 26, 2019

Spending Breakdown

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After a discussion with friends at lunch yesterday and some blogposts I read recently, I decided to try to find out what we are spending o...
2 comments:
Friday, January 25, 2019

New Investment: Santander UK

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Bought my first US corporate bond - a Santander UK bond maturing on 14 March. This supposedly gives a yield per annum of about 2.85%, whi...
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About Me

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mOOm
I'm an economist and an active investor and currently live in Australia. I'm a global investor though I focus on investments in the Anglophone world and particularly in Australia. This blog tracks investment performance and discusses personal finance, investing, and trading from an economic perspective. In the picture, Moomin is looking for treasure.
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