JuniorDepot8 – Buying Silver ETC and DAX ETF

Elle, a 7-year old girl, continues to grow her wealth. Recently she has bought a silver ETC and a DAX ETF (the former a little bit prematurely, the latter pretty optimally). Continue reading "JuniorDepot8 – Buying Silver ETC and DAX ETF"

Lukas Spang ist weder Warren Buffett noch ein Glückspilz, sondern…

Vor einem Jahr haben wir eine ausführliche Analyse vom Lukas Spangs Wikifolio "Chancen suchen und finden" veröffentlicht und vor Stagnationsrisiko vorgewarnt. Unsere Prognose stellte sich als richtig heraus!

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GEZ Urteil und seine wirtschaftliche Folgen für DICH, Mitbürger

Gestern (am 18.07.2018) hat das Verfassungsgericht entschieden, dass GEZ Zwangsgebühr im Großen und Ganzen mit dem Grundgesetz vereinbar ist. Lediglich wurde die Zahlungsplicht für Zweitwohnungen gekippt. Zwar kann €17,50/mo. noch erträglich scheinen, zeigen wir, dass dadurch ein ganzes Vermögen - z.B. die auskömmliche Altersvorsorge – geklaut wird.
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PropellerAds delivers Bullshit and Malware – avoid it!

By letYourMoneyGrow.com we also want to grow our own money, thus we tried to put Propeller Ads on our pages. But we pursue a win-win collaboration with our readers and never grow our money at their costs. Had Propeller Ads "merely" delivered a bullshit, we would just silently abandon it. But it also supplies malware, thus we feel obliged to apologize to our readers. Fortunately, there is virtually no danger since we promptly removed all PropellerAds content from our website.
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Pitfalls of Nelson-Siegel Yield Curve Modeling – Part II – what ML and AI can[not] do

In our previous post on Nelson-Siegel model we have shown some pitfalls of it. In this follow-up we will discuss how to circumvent them and how machine learning and artificial intelligence can[not] help. Continue reading "Pitfalls of Nelson-Siegel Yield Curve Modeling – Part II – what ML and AI can[not] do"

Pitfalls of Nelson-Siegel Yield Curve Modeling – Part I

The Nelson-Siegel-[Svensson] Model is a common approach to fit a yield curve. Its popularity might be explained with economic interpretability of its parameters but most likely it is because the European Central Bank uses it. However, what may do for ECB will not necessarily work in all cases: the model parameters are sometimes extremely unstable and fail to converge.Nelson-Siegel Calibration Failure in YieldCurve R Package Continue reading "Pitfalls of Nelson-Siegel Yield Curve Modeling – Part I"

JuniorDepot7c – Lots of Actions and Calculations

Market were really turbulent during the last weeks. We committed a lot of trades with Elle and did some important calculations of our trading costs. Continue reading "JuniorDepot7c – Lots of Actions and Calculations"

What You Have Missed by Not Buying Our Stocklist for just $5

One month ago we screened all stocks from SP 500 index and suggested busy investors to get rid of information overload and purchase our stock list just for 5 USD. Only a few investors considered our offer, which has brought about 3% return within a month, whereas SP 500 return stagnated around zero. Continue reading "What You Have Missed by Not Buying Our Stocklist for just $5"

The Fairest Reward System for a Wealth Manager

In this essay I try to figure out the most fair reward system for a wealth manager. I don't appeal to the notorious utility functions or mathematical optimization models that fail in practice due to the errors of parameter estimation. Rather I rely on best practices and common sense. Continue reading "The Fairest Reward System for a Wealth Manager"

Building Open Source Risk Engine (Quaternion ORE) in VS2017 without Git

The Open Source Risk Engine is an opensource software project for risk analytics and xVA. It is written (mostly) in C++ and based on QuantLib. In this post we explain how the ORE can be built from source in Visual Studio 2017. Continue reading "Building Open Source Risk Engine (Quaternion ORE) in VS2017 without Git"