Search found 398 matches

Return to advanced search

Re: cleaning plastic eyeglass lenses

Have tried all sorts of methods over years like many mentioned above. For those that have not used them, try Zeiss lens wipes as mentioned by cheese_breath above. They are quick and easy to use, and result in superbly clean lenses. Each cloth comes solvent dampened in a sealed sachet. No messing abo...
by magneto
Thu Apr 23, 2015 10:52 am
 
Forum: Personal Consumer Issues
Topic: cleaning plastic eyeglass lenses
Replies: 30
Views: 1414

Re: Mohamed El-Erian Has Most of His Money in Cash

Re the Japan issue, remember that PE1 in Japan (from memory) reached 80 ish? That was the irrational moment, so the subsequent Japan poor stock performance is hardly a surprise. However the point is well made about the dangers of domestic bias. While belonging to the 'valuations matter' clique, S&am...
by magneto
Tue Apr 07, 2015 11:11 am
 
Forum: Investing - Theory, News & General
Topic: Mohamed El-Erian Has Most of His Money in Cash
Replies: 69
Views: 7622

Re: The Detriments of Rebalancing

Firstly as stated frequently above, rebalancing is primarily about risk control, but if we move on to the rebalancing bonus or detriment :- Some funds using daily rebalancing rang alarm bells recently, so ran a spreadsheet on basis of 60/40 portfolio and stocks falling 50% (=% daily) over 12 months,...
by magneto
Sat Apr 04, 2015 5:43 am
 
Forum: Investing - Theory, News & General
Topic: The Detriments of Rebalancing
Replies: 67
Views: 5785

Re: Have P/E Ratios Affected Your Asset Allocation?

1. Perhaps a person will look at the past 5 years, current valuations, future expected returns, and take a more definitive step towards their well thought out retirement AA. 2. We all believe that markets are efficient and can't be timed. Dave 1. Fine. 2. "Efficient markets should be considere...
by magneto
Fri Apr 03, 2015 10:58 am
 
Forum: Investing - Theory, News & General
Topic: Have P/E Ratios Affected Your Asset Allocation?
Replies: 52
Views: 2684

Re: Wise move to move some $ to cash before bear market?

Without even looking at a backtest, I think a rule of thumb like expecting your stocks to drop by 50% or more at some point, remembering that worst case since 1928 in US it was much worse at about 90%, is all you need. Maybe also keeping in mind examples like Japan, when you don't see a recovery fo...
by magneto
Thu Apr 02, 2015 10:15 am
 
Forum: Investing - Theory, News & General
Topic: Wise move to move some $ to cash before bear market?
Replies: 116
Views: 11846

Re: Would Robo Advisor replace index fund and passive invest

"powerful enough to calculate everything you need to know in investment including profit impact of your tax rate, the negative impact of the frequent trading, the growth prospect and profit margin of the companies, the economic growth prospect of each countries, the political stability of each ...
by magneto
Wed Apr 01, 2015 5:47 am
 
Forum: Investing - Theory, News & General
Topic: Would Robo Advisor replace index fund and passive investment
Replies: 17
Views: 1598

Re: Wise move to move some $ to cash before bear market?

I'm a youngish investor and the recent recession was the first one I went through. I remember in 2011ish when the market jumped up from the lows I was positive it would have to come down. I mean it just went up 50% (made up #), we had to be in for a bit of a crash. I left my paltry 401k where it wa...
by magneto
Mon Mar 30, 2015 9:54 am
 
Forum: Investing - Theory, News & General
Topic: Wise move to move some $ to cash before bear market?
Replies: 116
Views: 11846

Re: If you had 1 book to recommend...

One book stumbled across recently 'Millionaire Teacher' by Andrew Hallam. Subtitle 'The Nine Rules of Wealth You Should Have Learned in School'. Don't remember seeing it mentioned here before, could be wrong about that. Don't let the title put anyone off. This is BH mainstream 3 fund passive portfol...
by magneto
Sat Mar 28, 2015 12:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: If you had 1 [investing] book to recommend...
Replies: 51
Views: 4895

Re: Landlord/Tenant Credit Checks

We had a situation recently where the wife was a high earner, but the husband had no income being still in education.
No two situations will be the same, so a little common sense may be needed.
by magneto
Sat Mar 28, 2015 6:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Landlord/Tenant Credit Checks
Replies: 18
Views: 1000

Re: Wise move to move some $ to cash before bear market?

Seems OP you could certainly be a candidate for having at least some cash allocation in the AA at all times, if volatility averse. Valuation-wise Bonds do seem to be in a bubble, Stocks expensive but nowhere near the levels of say 1999, so a dollop of cash would stabilise the portfolio if bonds and ...
by magneto
Thu Mar 26, 2015 2:00 pm
 
Forum: Investing - Theory, News & General
Topic: Wise move to move some $ to cash before bear market?
Replies: 116
Views: 11846

Re: Lump sum - how to invest it now and sleep at night?

There is a school of thought that stocks may dip, but will then, regardless of valuations, always recover and head on steadily North East, so you will see the oft quoted expression 'time in the market is more important than timing the market', whatever the observer may mean by the latter. This appro...
by magneto
Wed Mar 25, 2015 12:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Lump sum - how to invest it now and sleep at night?
Replies: 27
Views: 3348

Re: Foreign stocks/bonds may be less beneficial for retirees

Yes : Two good points ; difficult to argue against. However we often point out the sorry history of the investor in Japan, had they been 100% domestic stocks from 1989. Maybe the two points are good reasons to keep international lower than market caps by tilting to domestic in retirement , rather th...
by magneto
Sun Mar 22, 2015 2:02 pm
 
Forum: Investing - Theory, News & General
Topic: Foreign stocks/bonds may be less beneficial for retirees
Replies: 26
Views: 2388

Re: Rental property vs. REIT

1. The best feature of a publicly traded REIT fund or security - you can push a button and SELL or BUY when the market is open - you eliminate the onerous transaction costs associated with real estate brokers, cities, towns, attorneys, title insurance. All of that nonsense goes away. 2. Buy a diver...
by magneto
Wed Mar 18, 2015 7:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Rental property vs. REIT
Replies: 38
Views: 3246

Re: Best investment in a deflationary scenario

CASH. No volatility, increasing purchasing power.
If they had not been bid up so far to present levels, then conventional bonds might also have suited.
by magneto
Tue Mar 17, 2015 6:45 am
 
Forum: Investing - Theory, News & General
Topic: Best investment in a deflationary scenario
Replies: 11
Views: 1343

Re: How to invest a large amount of cash?

I plan on using the funds in 6-8 years for a house , so I want to invest them mostly in stocks for the next 2-4 years, then start swapping over to CDs or something more safe. The timeline is also somewhat flexible, so I'm willing to take on some risk. All in all, though, it's definitely terrifying ...
by magneto
Sun Mar 15, 2015 2:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to invest a large amount of cash?
Replies: 10
Views: 1432

Re: "6 Lessons From the 6-Year-Old Bull Market"

Certainly we should add to our stocks on low valuations (and reduce on high). However before congratulating ourselves on how shrewd we were; a little humility perhaps to remember that without central banks' intervention the picture could have worked out oh so very differently. In the worst scenario ...
by magneto
Sun Mar 15, 2015 11:11 am
 
Forum: Investing - Theory, News & General
Topic: "6 Lessons From the 6-Year-Old Bull Market"
Replies: 11
Views: 2806

Re: Buffett and Bogle almost on the same page

Prefer to look at risk, as downside risk. Therefore in my simple view; the higher the valuation, the higher the risk. Maybe a naive view? Volatility is symmetric, equal up-side and down-side? High valuations' risk can be decidedly asymmetric. Such views of Warren Buffett's seem pragmatic, rather tha...
by magneto
Sat Mar 14, 2015 11:53 am
 
Forum: Investing - Theory, News & General
Topic: Buffett and Bogle almost on the same page
Replies: 19
Views: 2133

Re: LifeStrategy Moderate Growth vs Separate funds

That being said, VG has looked at this and found no significant advantage or disadvantage to rebalancing quarterly versus annually... Daily rebalancing rang alarm bells recently, so ran a spreadsheet on basis of 60/40 portfolio and stocks falling 50% (=% daily) over 12 months, then comparing daily ...
by magneto
Fri Mar 13, 2015 2:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Moderate Growth vs Separate funds
Replies: 38
Views: 3184

Re: U.S. Stock Valuations — Making History?

We had massively overpriced equities in 2000 and massively overpriced and over leveraged real estate in 2008. I see no such severe fundamental imbalances and vulnerabilities to our economy at this point, ones that would presage a significant recession. I'm not bailing out of equity now because of t...
by magneto
Fri Mar 13, 2015 11:39 am
 
Forum: Investing - Theory, News & General
Topic: U.S. Stock Valuations — Making History?
Replies: 46
Views: 4731

Re: The Permanent Portfolio as an accumulation portfolio

Good post Browser.
Now let's see how the PP fans respond.
by magneto
Fri Mar 13, 2015 11:32 am
 
Forum: Investing - Theory, News & General
Topic: The Permanent Portfolio as an accumulation portfolio
Replies: 16
Views: 2178

Re: U.S. Stock Valuations — Making History?

Or we could be witnessing the demise of CAPE as a reputable measure. I never quite understood why incorporating a past [deep] earnings crash into the current price is supposed to be a good thing. 3-5 years from now, the CAPE will decline naturally even without a big adjustment of prices. I would gu...
by magneto
Thu Mar 12, 2015 2:39 pm
 
Forum: Investing - Theory, News & General
Topic: U.S. Stock Valuations — Making History?
Replies: 46
Views: 4731

Re: combo plan - pay down mortgage and invest

Sometimes overlooked is that debt/mortgage is repaid in future inflation eroded currency. The key question is what will inflation be over the repayment period. Don't ask me! If the present -0.1% is an outlier, and inflation returns to say 2%, then the figures in real terms might (looking purely at r...
by magneto
Thu Mar 12, 2015 2:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: combo plan - pay down mortgage and invest
Replies: 13
Views: 1103

Re: Thinking of buying electric shaver

Another Braun fan here. Currently using triple foil Series 3 for main shave. The snag with the triple foil is that while it removes all the longer hair, some stubble tends to remain around say mouth. To finish the job I use a cheapo Series 1 single foil which shaves much more closely and thoroughly....
by magneto
Mon Mar 09, 2015 2:10 pm
 
Forum: Personal Consumer Issues
Topic: Thinking of buying electric shaver
Replies: 29
Views: 1851

Re: How does Real Estate count in Asset Allocation

Why does he own the houses if he is not renting them out? Just find that nonsensical unless I am missing something. Real estate in illiquid, high transaction costs, and can not be rebalanced so they are hard to add to one's concept of portfolio construction and management. +1 One way of looking at ...
by magneto
Mon Mar 09, 2015 11:31 am
 
Forum: Investing - Help with Personal Investments
Topic: How does Real Estate count in Asset Allocation
Replies: 8
Views: 812

Re: What is your commodities stocks/indexes allocation?

Do you own any stocks or indexes that are specifically categorized as commodities? Yes income producing commodities fund What percentage of your goal allocation are made up of commodities? 8% of stocks Has their poor performance caused you to modify this percentage? No Does the current world situat...
by magneto
Fri Jan 23, 2015 11:16 am
 
Forum: Investing - Theory, News & General
Topic: What is your commodities stocks/indexes allocation?
Replies: 20
Views: 1096

Re: Rental investment: Cash or Mortgage?

As suggested above, buy one property (with cash), and see how it goes. When comfortable with managing property (say after twelve months) consider adding further, with or without leverage. Let us assume cost of mortgage is 4% and inflation going forward 2%. Real (after inflation) mortgage cost = 4% -...
by magneto
Wed Jan 21, 2015 6:10 am
 
Forum: Investing - Help with Personal Investments
Topic: Rental investment: Cash or Mortgage?
Replies: 9
Views: 1123

Re: Currency hedged ETFs, worth extra expense?

For bonds; would raise a whole separate range of issues, but if we are talking purely stocks :- If volatility is your friend, providing rebalancing opportunities, then why not welcome the additional volatility provided by currency variations? EDIT : Assuming here that non-core holdings are in specif...
by magneto
Mon Jan 19, 2015 6:03 am
 
Forum: Investing - Theory, News & General
Topic: Currency hedged ETFs, worth extra expense?
Replies: 5
Views: 508

Re: Year-end financial statements?

Before I knew what an IPS was, put together at the end of each a year a Review of Investments. Contents + Asset Class Allocations; with their real yields and thoughts on possible changes in the light of the real yields noted and other factors. Also background financial information and comments on th...
by magneto
Sun Jan 18, 2015 2:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Year-end financial statements?
Replies: 5
Views: 585

Re: Anti- Market Timers still seem to endorse market-timing?

It's interesting that the consensus and evidence seems to support momentum rather than contrarianism. That's the opposite of what I would have expected. One thing missing from this discussion so far : VALUATIONS . When a momentum investor is selling, a value investor may be buying. Remember also :-...
by magneto
Fri Jan 16, 2015 5:53 am
 
Forum: Investing - Theory, News & General
Topic: Anti- Market Timers still seem to endorse market-timing??
Replies: 22
Views: 2787

Re: I see rental properties as bonds. Am I completely off b

Interesting thinking OP. As I see it, with real estate included, you have a porfolio that is part illiquid and part liquid. The liquid part IMHO is the part where stock/bonds/cash decisions arise. Cash becomes more important as an asset if holding residential real estate, as sudden calls for money c...
by magneto
Fri Jan 09, 2015 6:55 am
 
Forum: Investing - Theory, News & General
Topic: I see rental properties as bonds. Am I completely off base?
Replies: 28
Views: 2487

Re: Should you buy foreign stocks because they're cheaper?

Not sure foreign stocks are cheaper. Here are world market caps % and PEs (PE1) as of late Dec 2014, [with mkt cap% Dec 2009] :- Dec 2014 (PE) [Dec 2009] USA 58.34% (18.21) [47.77%] Japan 7.90% (21.35) [9.72%] UK 7.87% (15.70) [10.30%] Canada 3.93% [4.83%] Eurofirst 300 (20.02) France 3.63% (25.66) ...
by magneto
Wed Jan 07, 2015 11:21 am
 
Forum: Investing - Theory, News & General
Topic: Should you buy foreign stocks because they're cheaper?
Replies: 4
Views: 1087

Re: Preparing your assets for your inheritors, simplify?

When preparing IPS suggest it be split in two :- 1. Current portfolio philosopy : as simple or as complex as wished, with explanatory notes. 2. Simple 2 or 3 fund portfolio : to be used by heirs should they not wish, or not be capable of handling option 1. Option 1 could be aimed at handing over the...
by magneto
Tue Jan 06, 2015 11:45 am
 
Forum: Investing - Help with Personal Investments
Topic: Preparing your assets for your inheritors, simplify?
Replies: 9
Views: 1542

Re: "The Most Successful Investors Leave Their Money Alone"

Some thoughts :- "SigFig finds that investors who trade frequently — defined as " investors who have a turnover amount equal to or greater than their portfolio value in a year " — actually see lower returns than their peers who are more hands-off." 1. Surely a select bunch of idi...
by magneto
Mon Jan 05, 2015 11:37 am
 
Forum: Investing - Theory, News & General
Topic: "The Most Successful Investors Leave Their Money Alone"
Replies: 30
Views: 5440

Re: Rick Ferri looking to internationalize his portfolio

Very much regret that the thread has moved into the blind alley of trying to define 'market timing'. More useful and actionable when they appear are the diverse opinions, from the many learned and talented posters here on BH, as to how portfolios might be constructed and why, esp with regard to geog...
by magneto
Sat Jan 03, 2015 5:55 am
 
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 353
Views: 46914

Re: Rick Ferri looking to internationalize his portfolio

Some numbers re world market cap, etc :- Dec 2014 (PE) [Dec 2009] USA 58.34% (18.21) [47.77%] Japan 7.90% (21.35) [9.72%] UK 7.87% (15.70) [10.30%] Canada 3.93% [4.83%] Eurofirst 300 (20.02) France 3.63% (25.66) [5.24%] Switzerland 3.52% [3.70%] Germany 3.45% (17.34) [3.86%] Australia 2.75% (19.82) ...
by magneto
Fri Jan 02, 2015 11:48 am
 
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 353
Views: 46914

Re: Doesn't the US already have a wealth tax in effect?

Quote from Guardian newspaper :- “According to the Credit Suisse global wealth report, a person needs just $3,650 – including the value of equity in their home – to be among the wealthiest half of world citizens. However, more than $77,000 is required to be a member of the top 10% of global wealth h...
by magneto
Fri Jan 02, 2015 6:13 am
 
Forum: Investing - Theory, News & General
Topic: Doesn't the US already have a wealth tax in effect?
Replies: 21
Views: 1650

Re: Why Does The 60/40 Work So Well?

Warren Buffet is suggesting for his heirs if recollected correctly :- 10% short term bonds 90% US Stocks (S&P500) uncertain about his rebalancing We use Dynamic Asset Allocation at present, varying stock percentage dependent on valuations, with progressive part rebalancing each month/quarter. Ho...
by magneto
Tue Dec 30, 2014 6:18 am
 
Forum: Investing - Help with Personal Investments
Topic: Why Does The 60/40 Work So Well?
Replies: 31
Views: 4897

Re: Dividend Growth Investing Vs. 3F portfolio

Where is the evidence that humans are better at selecting dividend appreciation stocks (or any other kind for that matter) than computers are? You are saying that humans can somehow intervene to prevent underperformance? If so, why can't humans program a computer to perform that same intervention?[...
by magneto
Wed Dec 24, 2014 6:13 pm
 
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing Vs. 3F portfolio
Replies: 25
Views: 3189

Re: Dividend Growth Investing Vs. 3F portfolio

Dividend Aristocrat type funds suffer from the drawback that a computer is making choices with little or no human input, and the tilt to yield can as noted be accompanied by TR underperformance. No, the real "drawback" is that dividend funds have an audited record and have to suffer from ...
by magneto
Wed Dec 24, 2014 12:05 pm
 
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing Vs. 3F portfolio
Replies: 25
Views: 3189

Re: Dividend Growth Investing Vs. 3F portfolio

Picking up on some well made points :- Don't think there is a clear correct answer to this one. Stock prices are driven by sentiment perhaps as much as by fundamentals. There are times when sentiment drives stocks to fully priced (think 1999) and selling stocks makes sense. The reverse can be true a...
by magneto
Wed Dec 24, 2014 11:50 am
 
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing Vs. 3F portfolio
Replies: 25
Views: 3189

Re: Dividend Growth Investing Vs. 3F portfolio

Don't think there is a clear correct answer to this one. Stock prices are driven by sentiment perhaps as much as by fundamentals. There are times when sentiment drives stocks to fully priced (think 1999) and selling stocks makes sense. The reverse can be true at other times (think 2008/9). The inves...
by magneto
Tue Dec 23, 2014 11:36 am
 
Forum: Investing - Theory, News & General
Topic: Dividend Growth Investing Vs. 3F portfolio
Replies: 25
Views: 3189

Re: Why would you invest in a bond fund?

The choice really is between bonds and cash, not adding further to stocks. Then the key question would be what is the real (after inflation) bond yield. Depending on the investor's view of expected inflation, should the real yield calculate negative, then in real terms the investor is paying the gov...
by magneto
Wed Dec 17, 2014 11:55 am
 
Forum: Investing - Theory, News & General
Topic: Why would you invest in a bond fund?
Replies: 25
Views: 2540

Re: How to best use upcoming windfall?

We stand to receive over $600,000 after taxes and fees. We owe about $90,000 on a HELOC (prime+0.25%) and $450,000 on a first mortgage at 3.8%, fixed for 30 years. We have no other outstanding debt, cars and paid off, etc. My question is how to best use this windfall. I know that many would suggest...
by magneto
Mon Dec 15, 2014 11:56 am
 
Forum: Investing - Help with Personal Investments
Topic: How to best use upcoming windfall?
Replies: 9
Views: 1378

Re: Investing more when the market is down.

I have a hard time wrapping my head around this. When the market is down everyone agrees it's a good time to invest. "I'm buying stocks at a bargain price". ..... But I can't see how this isn't "timing the market" and thus should be against Boglehead principles. If you strongly ...
by magneto
Sun Dec 14, 2014 11:33 am
 
Forum: Investing - Theory, News & General
Topic: Investing more when the market is down.
Replies: 22
Views: 2370

Re: Harvey paper says re-balancing adds risk

Find the theory around rebalancing confusing, and this thread enlightening in the conflict between value and momentum. Presumably the momentum investor will be buying as asset class rises, while the value investor will be selling? Definitely raises a dilemma about rebalancing? Long ago in pre BH day...
by magneto
Wed Dec 10, 2014 11:44 am
 
Forum: Investing - Theory, News & General
Topic: Harvey paper says re-balancing adds risk
Replies: 73
Views: 5341

Re: What to do with VGPMX?

If I sell VGPMX at a loss, I will have taken the risk without getting the reward. The long term return of gold tends to be zero, when adjusted for inflation. That's why I invested in a fund of miners, which pay dividends, instead of physical gold or a gold ETF. As only 5% invested in the fund, hope...
by magneto
Tue Dec 09, 2014 11:23 am
 
Forum: Investing - Help with Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 40
Views: 4128

Re: How do you rebalance?

I am not 'special' :happy ; but do rebalance differently from the main options listed. Not happy with bands or time in isolation. Prefer using both deviation and time! Why ignore one or the other? Approach the stock target at a controlled rate say 10% or 20% of deviation from target per quarter. Thi...
by magneto
Wed Dec 03, 2014 5:57 am
 
Forum: Investing - Theory, News & General
Topic: How do you rebalance?
Replies: 40
Views: 3356

Re: Helping adult child understand investing

We have a similar problem. Some possible avenues we are mulling over :- 1. Set up an account in their name, and deposit some funds. Then make investment decisions together. 2. Show own IPS (and annual reports if done), and ask for comments/suggestions. This almost certainly won't get off the ground ...
by magneto
Mon Dec 01, 2014 11:43 am
 
Forum: Personal Finance (Not Investing)
Topic: Helping adult child understand investing
Replies: 38
Views: 3487

Re: I'm getting Slaughtered in stocks

The other little secret of individual stock investing is that the more stocks you pick assuming that one diversifies across industry sectors, the less likely you will outperform the broad indexes. That is because your sample gets to bigger and bigger and statistically that means your sample gets to...
by magneto
Sat Nov 29, 2014 2:42 pm
 
Forum: Investing - Theory, News & General
Topic: I'm getting Slaughtered in stocks
Replies: 43
Views: 6153

Re: Need for Int'l Investing

Some information re iShares global fund allocations :-

Nov 2014 (Dec 2009)
--------------------------------
USA 56.66% (47.77%)
Japan 8.23% (9.72%)
UK 6.99% (10.30%)
Canada 3.86% (4.83%)
France 3.65% (5.24%)
Australia 3.15% (3.97%)
by magneto
Wed Nov 26, 2014 11:18 am
 
Forum: Investing - Help with Personal Investments
Topic: Need for Int'l Investing
Replies: 12
Views: 1097
Next

Return to advanced search