Search found 149 matches

by Redstorm
Thu Nov 16, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 97
Views: 9862

Re: Buying and Spending Bitcoin

wow , in the future we wont need money at all... thats creepy! Bitcoin isn't money? Or did you mean simply no cash, just plastic? Not sure where USA is on this, but in the UK "touch and pay" chip credit and debit cards are big. And having sworn I'd never use it, I use it (credit card) that way all ...
by Redstorm
Sun May 21, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Any good free kindle books on Amazon?
Replies: 22
Views: 2688

Re: Any good free kindle books on Amazon?

(AUS)

There's currently a free kindle book - A Comprehensive Guide to Exchange-Traded Funds (ETFs)

https://www.amazon.com.au/dp/B00Y3JNK5G
by Redstorm
Sat Mar 11, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Australia - Please help me with my first portfolio
Replies: 12
Views: 1519

Re: Australia - Please help me with my first portfolio

(Australian) I had simple VAS VTS VEU VGB Though over recent times I've added VGS as its Aussie domiciled to substitute VEU/VTS and VAF rather than VGB A Listed Investment Company such as AFI, WHF, ARG, or MLT may also be a consideration for your daughters allocation of funds, AFI has been running f...
by Redstorm
Sun Feb 26, 2017 7:09 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 40
Views: 5253

Re: Warren Buffett v. Bogleheads

How do Bogleheads reconcile this?


Rebalancing?
by Redstorm
Wed Feb 22, 2017 7:16 pm
Forum: Investing - Theory, News & General
Topic: Passive Index Investing Is A Delusion
Replies: 5
Views: 1463

Passive Index Investing Is A Delusion

I don't think the author understands the process of something as simple as a 3 fund portfolio and rebalancing

http://seekingalpha.com/article/4047926 ... g-delusion
by Redstorm
Thu Jan 12, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: [Australia] New Vanguard ETF's
Replies: 4
Views: 1666

Re: [Australia] New Vanguard ETF's

I found this recently VTS+VEU Pros: Lower fees Better liquidity Access to small cap and micro cap stocks (approximately the bottom 15% of the US market, possibly similar %s for other countries). Access to emerging markets Cons: Extra work (W8-Ben form every 3 years). Requires two ETFs to balance No ...
by Redstorm
Mon Oct 10, 2016 2:28 am
Forum: Personal Finance (Not Investing)
Topic: Retiring on dividends [Australia]
Replies: 13
Views: 1808

Re: Retiring on dividends [Australia]

Thanks In Australia over the last 40 years we've averaged about 9.7% via the ASX Index thanks in part to higher interest rates, dividend yields and our dividend imputation system From the original link This shows the Industrial Share Index and cash broken into their two separate elements; income and...
by Redstorm
Sun Oct 09, 2016 5:45 am
Forum: Investing - Theory, News & General
Topic: Can You Rely on Dividends for Income?
Replies: 43
Views: 6323

Re: Can You Rely on Dividends for Income?

malabargold wrote:I hope so.
Our dividends cover 400% of our expenses.


Impressive

And hopefully growing over time
by Redstorm
Sun Oct 09, 2016 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Retiring on dividends [Australia]
Replies: 13
Views: 1808

Re: Retiring on dividends

LICs are the same as closed end funds in the US. There's a reason why those have fallen out of favor over the past few decades in the US. Dividends account for a large part of stock returns in every country, there's nothing unique about Australia in that. "Cheap" LICs have fees of 0.16% t...
by Redstorm
Sun Oct 09, 2016 3:24 am
Forum: Personal Finance (Not Investing)
Topic: Retiring on dividends [Australia]
Replies: 13
Views: 1808

Re: Retiring on dividends

Thanks guys My current asset allocation is a simple Australian Index US Index World (ex US) Index Australian Bond Index I add to the laggard monthly to rebalance and rebalancing bands are at about 15% which has only once seen me sell a bull to buy a bear in recent years The (Australian) Listed Inves...
by Redstorm
Sat Oct 08, 2016 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring on dividends [Australia]
Replies: 13
Views: 1808

Re: Retiring on dividends

[Embedded animated GIF removed, here's the link . --admin LadyGeek] That horse looks to be missing something TXJuice Did you look at the Links, performance, management fees etc at all https://belfash.files.wordpress.com/2011/09/4240744343_ac98cc9443.jpg For some reason, many aussies not keen on pas...
by Redstorm
Sat Oct 08, 2016 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring on dividends [Australia]
Replies: 13
Views: 1808

Retiring on dividends [Australia]

What's the thoughts on retiring on an ever growing dividend stream rather than the 4% withdrawal method?

See below

http://www.motivatedmoney.com.au/mysay. ... rb70nqkcsw

Peter invests in industrial shares, primarily via Australian Listed Investment companies such as
http://www.afi.com.au
http://www.argoinvestments.com.au
http://www.milton.com.au
by Redstorm
Wed Aug 24, 2016 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: My Simple Investment Plan - Australia
Replies: 2
Views: 721

Re: My Simple Investment Plan - Australia

Why VTS/VEU rather than VGS?
by Redstorm
Sat Sep 12, 2015 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Aussie investor here - how is my allocation?
Replies: 12
Views: 1185

Re: Aussie investor here - how is my allocation?

In Australia… -Since 1970 cash has returned 8.9% and Australian bonds 8.7% per annum. -Since 1985 cash has returned 8.2%, Australian bonds 9.9% and International bonds 11%. -Since 2000 cash has returned 5.5%, Australian bonds 6.8% and International bonds 8.1% Since 1980, we have had 10 calendar year...
by Redstorm
Sat Sep 12, 2015 2:52 am
Forum: Investing - Help with Personal Investments
Topic: Aussie Bogleheads! What is your ETF Asset Allocation?
Replies: 15
Views: 2869

Re: Aussie Bogleheads! What is your ETF Asset Allocation?

Very simple allocation for SMSF, rebalance quarterly with new funds

25% VAS
25% VTS
25% VAF
25% VEU
by Redstorm
Sat Sep 12, 2015 2:49 am
Forum: Investing - Help with Personal Investments
Topic: Australian vanguard what should I invest in? , need advice
Replies: 8
Views: 1311

Re: Australian vanguard what should I invest in? , need advice

Hi SkyHigh Vanguard is mentioned on many Aussie stock forums and alternative sites where there is some great information such as whirlpool forums and even a site called PropertyChat (go figure). Vanguard Australia lets you invest into overseas funds, including the US. You could also look at ETF's wh...
by Redstorm
Thu May 21, 2015 5:48 am
Forum: Investing - Theory, News & General
Topic: [Australian] Listed Investment Companies
Replies: 7
Views: 1457

Re: [Australian] Listed Investment Companies

This is worth a watch (Australian site)

http://www.switzer.com.au/video/20150428paul-rickard/

Paul Rickard from the Switzer Super Report joins the show to talk about listed investment companies and exchange traded funds. (Broadcast Monday 27 April 2015.)
by Redstorm
Thu Jan 29, 2015 6:56 pm
Forum: Personal Consumer Issues
Topic: What age did you move out?
Replies: 117
Views: 8333

Re: What age did you move out?

I moved out and supported myself from 18, one of my sisters at 16 and the other sister went on to university, rented privately and shared this accommodation cost with friends, she then went to the US for a year working as an au pair and returned to Australia to commence work as a primary school teac...
by Redstorm
Thu Jan 29, 2015 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: [Australia] New Vanguard ETF's
Replies: 4
Views: 1666

Re: [Australia] New Vanguard ETF's

Being domiciled in Australia then I guess you wouldn't benefit from the currency play at present with the Aussie Dollar falling as is happening with VTS (up 15% over the last 3 months).
by Redstorm
Sun Dec 21, 2014 5:06 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting Question
Replies: 9
Views: 2044

Re: Tax Loss Harvesting Question

Here's some information from an Australian perspective on a little genie the tax office have called Part IVA of the Income Tax Assessment Act (ITAA) 1936 , and they are wont to pull it out whenever they see there maybe a 'tax advantage'. Tax Loss Harvesting or Tax loss selling, wash sales, bed'n'bre...
by Redstorm
Sun Dec 21, 2014 4:57 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting Question
Replies: 9
Views: 2044

Re: Tax Loss Harvesting Question

http://farm8.staticflickr.com/7573/16073696762_b364c37498_b.jpg Just a quick look back from the original post and chart to now The benefits of diversification are great as the Australian market has hardly moved I actually sold my VGB and purchased VAF as per my initial post Vanguard® Australian Gov...
by Redstorm
Fri Dec 19, 2014 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: [Australia] New Vanguard ETF's
Replies: 4
Views: 1666

[Australia] New Vanguard ETF's

Vanguard recently (Nov 2014) announced the expansion of its suite of low cost products with the launch of two new international shares exchange traded funds (ETFs) quoted for trading on the Australian Stock Exchange (ASX) I currently hold VAS - Vanguard® Australian Shares Index ETF (MER 0.15%) VEU -...
by Redstorm
Fri Dec 19, 2014 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Real Estate property vs index funds for kids
Replies: 10
Views: 2034

Re: Real Estate property vs index funds for kids

45-year old, both spouses working (high tax bracket), teenage kids, college funds on track, retirement savings on track, all is well. Question: In terms of investing for the kids to secure their financial future, what is your recommendation in terms of setting up custodial accounts for them and inv...
by Redstorm
Thu Nov 06, 2014 6:27 am
Forum: Investing - Help with Personal Investments
Topic: Good book for 13 year old?
Replies: 14
Views: 2349

Re: Good book for 13 year old?

The Richest Man In Babylon

Someone should make a youtube cartoon on it
by Redstorm
Thu Oct 23, 2014 11:51 pm
Forum: Investing - Theory, News & General
Topic: Can you outperform [an index by rebalancing]?
Replies: 12
Views: 1557

Re: Can you outperform [an index by rebalancing]?

Thanks all, some interesting posts and viewpoints above Looking at an example of say the below which is an ASX200 fund (Vanguards Australian Index fund is an ASX300 fund) and compared to Vanguards Bond Index (VGB - the red line) the ASX200 fund is nearly back to where it started over 12 months ago, ...
by Redstorm
Thu Oct 23, 2014 5:58 pm
Forum: Investing - Theory, News & General
Topic: Can you outperform [an index by rebalancing]?
Replies: 12
Views: 1557

Can you outperform [an index by rebalancing]?

I cannot see if it's posted here however, can you outperform the index? Say you have a three (or four) fund portfolio and invest into it regularly, rebalancing quarterly by adding new money to any lagging index, then over time will you outperform that index given that you have been buying when it ha...
by Redstorm
Wed Oct 22, 2014 8:45 am
Forum: Investing - Theory, News & General
Topic: Investment Blogger - Do I need to be a registered adviser?
Replies: 6
Views: 825

Re: Investment Blogger - Do I need to be a registered advise

What do you use to Blog though?

A free hosting site, or paid site etc?
by Redstorm
Sun Oct 12, 2014 5:22 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Bands
Replies: 15
Views: 1851

Re: Rebalancing Bands

Would you have been rebalancing like crazy as each band was breached after 9/11, at the start of the 2003 Iraq war,or during the economic crisis of 2008/2009..or would you just have rebalanced annually In my case if I rebalanced quarterly with new money and in between then and the next quarter a reb...
by Redstorm
Sun Oct 12, 2014 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Australian - buying international shares fund?
Replies: 7
Views: 679

Re: Australian - buying international shares fund?

Just a warning to watch unhedged international funds when/if the Australian dollar is low. In the early 2000s the AUD was at 0.52 and by the end of the decade it was over 1.00. IMHO this would completely swamp any benefit of owning unhedged international funds. IMHO, the shoe is now on the other fo...
by Redstorm
Sun Oct 12, 2014 4:38 pm
Forum: Personal Consumer Issues
Topic: Anybody using dash cameras?
Replies: 30
Views: 6784

Re: Anybody using dash cameras?

A local guy had one for capturing any accidents to assist with insurance, however it actually captured a road rage incident and he passed on the footage to Police which assisted
by Redstorm
Sun Oct 12, 2014 4:35 pm
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 395
Views: 88793

Re: Pull-ups and Push-ups

We had a small test with our fitness group the other day How long can you hold the plank position for (on elbows, no arching)? How Long can you hold a wall sit position for (back against wall, arms loose by side, thighs at 90 deg)? How many push-ups can you do in a minute (chest nearly to ground and...
by Redstorm
Sun Oct 12, 2014 4:28 pm
Forum: Investing - Theory, News & General
Topic: Dividends from Index Funds
Replies: 5
Views: 1360

Re: Dividends from Index Funds

My assumption is that you're thinking one question, but actually asking another. You're asking about "yield" but that's not what you mean. Yield is a figure you look up online. You know what that is already. What are you asking? Maybe How much would he need in a 3 fund portfolio to live o...
by Redstorm
Fri Oct 10, 2014 7:43 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Bands
Replies: 15
Views: 1851

Re: Rebalancing Bands

I may be overthinking it :D

It just seems that when the bands are breached it maybe an opportunity to capitalise on the volatility, assuming long term the trend is up
by Redstorm
Fri Oct 10, 2014 7:30 pm
Forum: Personal Consumer Issues
Topic: Indoor rowing machine - worth it?
Replies: 73
Views: 7252

Re: Indoor rowing machine - worth it?

I'd like to have a try of the Ski ERG also :D

We have the concept2 rowers at our Gym, the cost to buy the cheapest Model (D) is $1,353.00
by Redstorm
Fri Oct 10, 2014 7:27 pm
Forum: Investing - Theory, News & General
Topic: Japan, 1989
Replies: 128
Views: 36753

Re: Japan, 1989

Re: Japan Japan is shrinking at a record pace. The country lost 244,000 people in 2013 as births plunged and deaths soared. It faces the prospect of losing a third of its population in the next 50 years, raising fears about its economic prospects and labour market. http://www.newgeography.com/files/...
by Redstorm
Fri Oct 10, 2014 6:43 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing Bands
Replies: 15
Views: 1851

Rebalancing Bands

Just playing around with a spreadsheet

Is 10% as a Rebalancing band okay or too loose?

Is 5% as a Rebalancing band too tight?

I am adding new money each quarter to Re-Balance, so the bands would be breached between those periods if the markets are volatile
by Redstorm
Fri Oct 10, 2014 6:36 pm
Forum: Investing - Theory, News & General
Topic: Dividends from Index Funds
Replies: 5
Views: 1360

Dividends from Index Funds

Just curious as to what dividends the 3 index funds have been returning? A friend was discussing 75% in an US Index Fund, 25% in an Aussie Index Fund and 25% in an emerging markets (china, india, HK) index Say VTS, VAS and VEU (ASX) He was hoping $2M invested would bring in 5% yield or $100k p/a Is ...
by Redstorm
Thu Sep 25, 2014 12:38 am
Forum: Personal Consumer Issues
Topic: Indoor rowing machine - worth it?
Replies: 73
Views: 7252

Re: Indoor rowing machine - worth it?

I like to mix it up but the Concept2 Rower and some weights are a great mix for a quick workout The other morning after a quick warm up I did the below for 4 sets moving from one exercise to the next without a break Row 500M 10x15kg Dumbell Thrusters 10x 20kg Kettlebell Swings Back to 500M row...and...
by Redstorm
Wed Aug 27, 2014 10:43 pm
Forum: Investing - Theory, News & General
Topic: How I beat Indexing... in 1 hour
Replies: 89
Views: 20213

Re: How I beat Indexing... in 1 hour

Gives us Septembers picks now Supersaver :idea:
by Redstorm
Tue Aug 26, 2014 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Telling my friends I paid off my house was a mistake.
Replies: 73
Views: 12712

Re: Telling my friends I paid off my house was a mistake.

Some friend may think you had some LUCK to get where you are, but LUCK is just Labouring Under Correct Knowledge

There's also RISK in everything we do, financial and otherwise, RISK is Likelihood x Consequences.

No RISK No REWARD :wink:
by Redstorm
Fri Aug 15, 2014 6:20 pm
Forum: Personal Consumer Issues
Topic: The Funniest Movie Ever
Replies: 227
Views: 21899

Re: The Funniest Movie Ever

For me A Fish Called Wanda

Bridesmaids was pretty good as was the original Hangover movie
by Redstorm
Thu Aug 14, 2014 8:47 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway - Warren Buffett - Anyone own the stock?
Replies: 110
Views: 13872

Re: Berkshire Hathaway - Warren Buffett - Anyone own the sto

From the news

CLASS A shares of Berkshire jumped past the milestone to an all-time trading high of $US201,740 ($A218,274.28) Thursday morning.

It has taken 44 years (1962-2006) to reach first $100K and 8 years for the second. Would be interesting to see how many years it takes to reach the third.
by Redstorm
Sun Aug 03, 2014 4:43 am
Forum: Investing - Help with Personal Investments
Topic: Advice for a young Australian Investor
Replies: 17
Views: 1860

Re: Advice for a young Australian Investor

From the 1st July 2014 the Superannuation levy moved up to 9.5% for employers, employees can also contribute but its not mandatory Paul Keating was aiming for 15% There's a historical perspective here on Wikipedia m There's curently around $1.3 trillion in Australian super funds and over $17 billion...
by Redstorm
Sun Aug 03, 2014 4:34 am
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 19663

Re: How Much Did You Lose Today?

Garco wrote:That's right. If you can't do like Scrooge McDuck and swim the backstroke in your cash and coins in your private vault, it's not money.


Image

Gotta love old Scrooge :wink:
by Redstorm
Sun Aug 03, 2014 4:26 am
Forum: Personal Finance (Not Investing)
Topic: Landlording for long-term wealth? Who's doing it?
Replies: 68
Views: 10179

Re: Landlording for long-term wealth? Who's doing it?

Here's the median house price growth of our city from 1974-2013

Not sure why the use median, but they do...

Image
by Redstorm
Fri Aug 01, 2014 6:40 am
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 19663

Re: How Much Did You Lose Today?

It didn't drop enough to make me release some bonds :wink:
by Redstorm
Thu Jul 31, 2014 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for a young Australian Investor
Replies: 17
Views: 1860

Re: Advice for a young Australian Investor

Super is currently 25% VTS 25% VAS 25% VGB 25% VEU Rebalance quarterly as new money comes in Nice and simple! Do you hold this in a smsf? Hi Beeroclock Yes, all in a SMSF It seems more and more Superannuation companies are letting members chose their investments to compete with the popularity of SM...
by Redstorm
Thu Jul 31, 2014 5:41 am
Forum: Personal Finance (Not Investing)
Topic: Landlording for long-term wealth? Who's doing it?
Replies: 68
Views: 10179

Re: Landlording for long-term wealth? Who's doing it?

A large percentage of our investment is in Australian Real Estate Capital Growth has been great over the last 30+ years with investments doubling every 10-12 years and continual rental increases Current low interest rates are a bonus Though our 5 year rates have 'just' gone below 5%, they are nothin...