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davelj
ParticipantI suspect that everyone “missed it.” And it’s a good likelihood that everyone will continue to “miss it” for months to come. In fact it will be entertaining to see at what date someone fails to “miss it.” Keep us posted.
ParticipantI suspect that everyone “missed it.” And it’s a good likelihood that everyone will continue to “miss it” for months to come. In fact it will be entertaining to see at what date someone fails to “miss it.” Keep us posted.
ParticipantI suspect that everyone “missed it.” And it’s a good likelihood that everyone will continue to “miss it” for months to come. In fact it will be entertaining to see at what date someone fails to “miss it.” Keep us posted.
ParticipantI assume you’re referring to the hedge funds run by John Paulson. Hedge Funds don’t have tickers; they are not publicly traded. His funds were up several hundred percent last year. I’m not an LP but I read about it in the WSJ (along with probably every other Pig).
The minimum investment commitment for his funds is likely in the neighborhood of 5-10 million dollars or more.
ParticipantI assume you’re referring to the hedge funds run by John Paulson. Hedge Funds don’t have tickers; they are not publicly traded. His funds were up several hundred percent last year. I’m not an LP but I read about it in the WSJ (along with probably every other Pig).
The minimum investment commitment for his funds is likely in the neighborhood of 5-10 million dollars or more.
ParticipantI assume you’re referring to the hedge funds run by John Paulson. Hedge Funds don’t have tickers; they are not publicly traded. His funds were up several hundred percent last year. I’m not an LP but I read about it in the WSJ (along with probably every other Pig).
The minimum investment commitment for his funds is likely in the neighborhood of 5-10 million dollars or more.
ParticipantI assume you’re referring to the hedge funds run by John Paulson. Hedge Funds don’t have tickers; they are not publicly traded. His funds were up several hundred percent last year. I’m not an LP but I read about it in the WSJ (along with probably every other Pig).
The minimum investment commitment for his funds is likely in the neighborhood of 5-10 million dollars or more.
ParticipantI assume you’re referring to the hedge funds run by John Paulson. Hedge Funds don’t have tickers; they are not publicly traded. His funds were up several hundred percent last year. I’m not an LP but I read about it in the WSJ (along with probably every other Pig).
The minimum investment commitment for his funds is likely in the neighborhood of 5-10 million dollars or more.
ParticipantIt would be nice if they just waited until the next regularly scheduled meeting on the 29th to give Wall Street the 75 bps it’s begging for. I know that’s asking a lot from a group of circus clowns that essentially bases its policies on Wall Street’s applause meter, but I dare to dream. But because waiting is probably the “right” thing to do, we will probably see the opposite – a “surprise” cut this week. The most profitable trading strategy of the last decade has been to “trade assuming the Fed will do the most irresponsible thing.” We’ll see if that trade is at the end of its rope or not. I’m cautiously optimistic.
ParticipantIt would be nice if they just waited until the next regularly scheduled meeting on the 29th to give Wall Street the 75 bps it’s begging for. I know that’s asking a lot from a group of circus clowns that essentially bases its policies on Wall Street’s applause meter, but I dare to dream. But because waiting is probably the “right” thing to do, we will probably see the opposite – a “surprise” cut this week. The most profitable trading strategy of the last decade has been to “trade assuming the Fed will do the most irresponsible thing.” We’ll see if that trade is at the end of its rope or not. I’m cautiously optimistic.
ParticipantIt would be nice if they just waited until the next regularly scheduled meeting on the 29th to give Wall Street the 75 bps it’s begging for. I know that’s asking a lot from a group of circus clowns that essentially bases its policies on Wall Street’s applause meter, but I dare to dream. But because waiting is probably the “right” thing to do, we will probably see the opposite – a “surprise” cut this week. The most profitable trading strategy of the last decade has been to “trade assuming the Fed will do the most irresponsible thing.” We’ll see if that trade is at the end of its rope or not. I’m cautiously optimistic.
ParticipantIt would be nice if they just waited until the next regularly scheduled meeting on the 29th to give Wall Street the 75 bps it’s begging for. I know that’s asking a lot from a group of circus clowns that essentially bases its policies on Wall Street’s applause meter, but I dare to dream. But because waiting is probably the “right” thing to do, we will probably see the opposite – a “surprise” cut this week. The most profitable trading strategy of the last decade has been to “trade assuming the Fed will do the most irresponsible thing.” We’ll see if that trade is at the end of its rope or not. I’m cautiously optimistic.
ParticipantIt would be nice if they just waited until the next regularly scheduled meeting on the 29th to give Wall Street the 75 bps it’s begging for. I know that’s asking a lot from a group of circus clowns that essentially bases its policies on Wall Street’s applause meter, but I dare to dream. But because waiting is probably the “right” thing to do, we will probably see the opposite – a “surprise” cut this week. The most profitable trading strategy of the last decade has been to “trade assuming the Fed will do the most irresponsible thing.” We’ll see if that trade is at the end of its rope or not. I’m cautiously optimistic.
ParticipantLa Jolla Renter,
I used Trust Administration Services Corp. (www.trustlynk.com) for several years as custodians for my self-directed IRAs and they SUCKED. Horrible customer service and their systems were worse. They made several large recordkeeping errors that were a pain in the ass to correct. I actually know the president of the bank that owns TASC and when I told him about my experience he apologized and said, “Yes, we have some problems to fix there.”
I recently switched to Polycomp (www.polycomp.net) and they are awesome. Very responsive. Tight recordkeeping. Fantastic.
As to the fees, asragov, the ones you posted aren’t eggregious. If you don’t plan on making sufficient returns to justify the fees then a self-directed IRA is not the proper vehicle to use. And if you’re investing in illiquid investments – like real estate – then you should be getting compensated for the illiquidity or you’re doing something wrong.
I am a huge fan of self-directed IRAs despite my horrible customer service experience with TASC. But if you don’t plan on earning at least 15% annually on an investment you probably shouldn’t put it in a self-directed IRA because the fees are higher than other standard IRA alternatives.
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