Search found 32 matches

by alpine_boglehead
Wed Oct 18, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 50
Views: 5660

Re: Larry Swedroe:Better To Face The Correction

What does Market timing really mean? Does it mean adjusting your AA slightly or in a big way? What if you are in a TD fund, is that Marketing timing for me to stay to on its internal glide path? Thanks Basically, any move you make because you *think* you know how things will play out is market timi...
by alpine_boglehead
Wed Oct 18, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 50
Views: 5660

Re: Larry Swedroe:Better To Face The Correction

If one does market timing many times, one might do it right some times. Yes, but if you assume that on average the market goes up (has done that up to now), on average every month you stay out will on cost you the 0,95% that Larry mentions. (or 0,2%, if you're with John Bogle on the 3% expected ann...
by alpine_boglehead
Wed Oct 18, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 50
Views: 5660

Re: Larry Swedroe:Better To Face The Correction

Nonsense - when the oil market was tanking about two years ago, oils sold off like they were going out of business +1 Same for emerging markets (ok, these are expected to be more volatile). The catch is that when there's a crash in the making, it's not that the market crashes just because. There's ...
by alpine_boglehead
Wed Oct 18, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 50
Views: 5660

Re: Larry Swedroe:Better To Face The Correction

Nonsense - when the oil market was tanking about two years ago, oils sold off like they were going out of business +1 Same for emerging markets (ok, these are expected to be more volatile). The catch is that when there's a crash in the making, it's not that the market crashes just because. There's ...
by alpine_boglehead
Wed Oct 11, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6239

Re: Buy when there's blood in the streets!

how could one actually "buy" any decent quantity of stocks upon a crash? Not selling during a crash is already pretty much equal to buying during the crash. If you can just do that, you'll already be better off than many others. Unfortunately, for the aggregate of investors, that's an oxymoron. The...
by alpine_boglehead
Sat Oct 07, 2017 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Trying to convince my sister not to use a financial advisor
Replies: 59
Views: 3986

Re: Trying to convince my sister not to use a financial advisor

+1 for "If You Can" - it's so very clear on financial advisors: "their main goal is to transfer your wealth to them." Maybe you can convince her to postpone the investment a bit. She could just say "need a bit of time to think about this" when meeting the advisor. This would give her the time to edu...
by alpine_boglehead
Fri Oct 06, 2017 11:45 pm
Forum: Investing - Theory, News & General
Topic: Are stocks going up only because all the alternatives are lousy?
Replies: 45
Views: 4659

Re: Are stocks going up only because all the alternatives are lousy?

In our economy, debt is money. I also suspect that's a major piece to the puzzle. As you say, debt has gone up. Debt is bonds. So the bonds side of all investor's portfolios in aggregate has gone up. If investors as an aggregate wanted to keep a constant AA, they would have to buy more equities. Th...
by alpine_boglehead
Mon Oct 02, 2017 11:58 am
Forum: Local Chapters and Bogleheads Community
Topic: Retirement Class of 1998 (Sheepdog's Experience)
Replies: 45
Views: 4058

Re: Retirement Class of 1998 (Sheepdog's Experience)

Thank you very much for sharing your experience and your timeless advice. I've printed out your post, to be 100% available when it will eventually be needed :D
by alpine_boglehead
Wed Sep 27, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9570

Re: My boneheaded financial mistakes

1) Not having looked around the internet and thus not having found bogleheads/diehards earlier 2) See 1 :) 3) Trusting a financial advisor 4) Investing a nice chunk in a "safe" fund (see 3) ) in 2007 which turned out to be a Madoff feeder fund 5) Buying a "safe" investment from a local bank which in...
by alpine_boglehead
Mon Sep 18, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: € 20,000-portfolio-idea - reasonable or not?
Replies: 18
Views: 1555

Re: € 20,000-portfolio-idea - reasonable or not?

Fellow German-speaking investor here (Servus :) ). 20% (€ 4,000) into iShares Core € Govt Bond UCITS ETF (EUNH) (ISIN: IE00B4WXJJ64) 80% (€ 16,000) into Vanguard Total World Stock ETF (VT) (ISIN: US9220427424) Sorry to offer alternatives to your already-made decision, but ... If you look up iShares ...
by alpine_boglehead
Mon Sep 18, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - Got a Question for Jack?
Replies: 53
Views: 12987

Re: Q&A WITH JACK BOGLE - Got a Question for Jack?

Mel, could you please ask this: Dear Mr. Bogle, by pioneering and spreading index funds, you have contributed very significantly to giving small investors their fair share of investment returns. I am deeply grateful for what you've done for millions of people (me included). As I take it, this was po...
by alpine_boglehead
Sun Sep 17, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 4986

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

Zero Hedge has accurately predicted 200 of the last 2 crashes. And that might still be an understatement. If you care to verify, scroll through their posts tagged "market crash" (http://www.zerohedge.com/category/tags/market-crash) - it's one article like this after the other. They seem to have the...
by alpine_boglehead
Sun Sep 17, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: What am I missing, Bogle/Buffet investment philosophy
Replies: 19
Views: 1973

Re: What am I missing, Bogle/Buffet investment philosophy

1 and 2 sound like an IPS, so I'd add one unimpressive bullet 3): stay the course . Both Bogle and Buffet strongly emphasize this through their words and actions. It may be implicitly contained in 1)/2) (if you have a philosophy like this, you'd expect it to be definite). But staying the course is s...
by alpine_boglehead
Tue Sep 12, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 18302

Re: Is it really Worth it to brown bag your lunch at work?

Very timely thread - just finished preparing a delicious zucchini stew for the next few days For me brown-bagging has lots of advantages: - saves (some) time, the roundtrip to a restaurant in the vicinity takes 15+ minutes - saves money (my usual meal is < $1.5, eating out is > $7) - control over wh...
by alpine_boglehead
Sun Sep 03, 2017 1:19 am
Forum: Investing - Theory, News & General
Topic: Vanguard Speaks Softly but Carries a Big Stick
Replies: 29
Views: 3283

Re: Vanguard Speaks Softly but Carries a Big Stick

What if Exxon wants to invest in, say, fracking because it believes its long term value for its shareholders, but political action committee at VG blocks it in the name of climate change? Floodgates for active hands on management and political interference have now been opened. You can't not do any...
by alpine_boglehead
Thu Aug 10, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: World’s Largest Companies - Revenue vs. Market Cap
Replies: 6
Views: 708

Re: World’s Largest Companies - Revenue vs. Market Cap

U.S. companies very highly!
I wouldn't say it's the US - it's more like the (perceived) old economy vs. the new one.

Revenue: energy heavy. Market cap: tech-heavy.

And as JoMoney has pointed out, you can't really compare a publicly traded US company with a Chinese state-owned one.
by alpine_boglehead
Sat Aug 05, 2017 12:34 am
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7492

Re: Study: Who Sold Stock During the 2008-9 Crash?

I like about the study that right in the intro they have this: Market commentary often characterizes these periods as "sell-offs." As always, there is a buyer for every seller, so investors as a group cannot all be sellers. What may be happening instead during these instances is that some investors ...
by alpine_boglehead
Sun May 21, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds from Europe
Replies: 7
Views: 968

Re: Vanguard funds from Europe

they are still requiring a minimum investment of 100K pounds for each of their funds. It seems to depend on the broker you're using. I've tried to buy shares of Vanguard Global Small Cap Index Fund (m) at two brokers, one rejected the buy due to this limit, but via the other I was able to purchase ...
by alpine_boglehead
Mon May 08, 2017 3:08 pm
Forum: Investing - Theory, News & General
Topic: Buffett/IBM
Replies: 73
Views: 6776

Re: Buffett/IBM

if you believe as I do in the efficient market hypothesis, then IBM is fairly priced for all the knowns and expected future potential. Agreed. OP, you're fearing a further decline because of the bad news regard IBM, but if you had the same amount in Google or Amazon, it would be equally risky. You ...
by alpine_boglehead
Sun May 07, 2017 7:50 am
Forum: Investing - Theory, News & General
Topic: Anyone following the latest in Bitcoin and cryptocurrency news?
Replies: 25
Views: 4991

Re: Anyone following the latest in Bitcoin and cryptocurrency news?

Some years ago I purched 0.1 Bitcoins so that in the case it becomes the only world currency, the increase in value will offset the demise of my old currency . Google search results say there's around 60T$ worth of currency in the world, so Bitcoin were to completely take over, that would be a 2400 ...
by alpine_boglehead
Sat Apr 29, 2017 6:17 am
Forum: Investing - Theory, News & General
Topic: So what's the theory behind this active vs Passive report
Replies: 15
Views: 1531

Re: So what's the theory behind this active vs Passive report

I went looking for the actual report, and found a link to acquire it from Dalbar; but they want $2500 for the report encumbered with a "do-not-disclose", and $5,000 for permission to use it in public discussion. So I don't think I'll be doing that. Also tried to look into it - it's availa...
by alpine_boglehead
Sat Apr 22, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Euro government bond ETFs vs cash, accumulating REIT ETFs?
Replies: 15
Views: 1426

Re: Euro government bond ETFs vs cash, accumulating REIT ETFs?

You might consider CDs as part for your fixed income portion ... e.g. in Germany you can get 1.25% for four years at several banks (will still be below the ECB's target inflation rate of 2%), likely even more if you shop around for the best rates in the Eurozone. As Valuethinker already pointed out,...
by alpine_boglehead
Fri Apr 21, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 12905

Re: Single most important investing advice?

Educate yourself to the point of financial literacy so you can take your own advice. +1 Any single piece of advice likely can't be seen standalone ... LBYM and save early isn't worth that much if you can't stay the course and/or are in high-fee investments. Thus the single best investing advice wou...
by alpine_boglehead
Fri Apr 21, 2017 7:20 am
Forum: Investing - Help with Personal Investments
Topic: EU Investor - ETF portfolio with tilts
Replies: 13
Views: 1597

Re: EU Investor - ETF portfolio with tilts

If you don't mind using mutual funds, you could take a look at one from Vanguard Ireland - Vanguard Global Small-Cap Index Fund Investor Euro Shares.

http://www.morningstar.co.uk/uk/funds/s ... F00000T1HQ

The 0.4% ER is a bit higher than some of the abovementioned ETFs, though. And with some brokers the minimum investment seems to be 100k€
by alpine_boglehead
Mon Mar 27, 2017 12:51 pm
Forum: Investing - Theory, News & General
Topic: Are passive funds dependent on active funds?
Replies: 24
Views: 1750

Re: Are passive funds dependent on active funds?

This article here should give you some firepower at the next block party discussion m The conclusion sounded pretty convincing when I read it some time ago: market forces will shrink the actively managed portion of stock market ownership until there's enough opportunity again for active managers to ...
by alpine_boglehead
Thu Mar 16, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: I'm a bit concerned about my investments (dividends) (have i made a mistake?)
Replies: 5
Views: 1440

Re: I'm a bit concerned about my investments (dividends) (have i made a mistake?)

Thanks. I'm aware it's an accumulating fund. But I thought it would buy shares with the dividends and these would show up on statements? At least the taxes you have to pay for the accumulated distributions might show up on your broker's statements (depending on your country of course), e.g. yearly ...
by alpine_boglehead
Tue Mar 07, 2017 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Sell investments for TLH? [Tax Loss Harvesting]
Replies: 3
Views: 553

Re: Sell investments for TLH? [Tax Loss Harvesting]

Why would you not own g&s mining stocks? I had them because they had (international) companies not in the TSM and have dividends unlike gold buillion. Mining stocks are quite risky - as I understand it they are leveraged on the price of the base commodity, e.g. if gold drops 2% - gold mining dr...
by alpine_boglehead
Wed Mar 01, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Timing the Market (just once)
Replies: 37
Views: 3302

Re: Timing the Market (just once)

Kaoboj wrote: I appreciate your level headed responses keeping me from harming myself with less-than-rational decision making. I will stay the course with my selected allocations and re-balance quarterly as outlined in my personal investment plan. Likely a good decision, because what you are descri...
by alpine_boglehead
Tue Feb 28, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Buffett Annual Letter 2016 [Jack Bogle is a hero]
Replies: 69
Views: 6699

Re: "Warren Buffett just said this man has done the 'most for American investors'

And thank you, Taylor, for so often sharing great articles and insights.

Hard to imagine where investors (not to mention the bogleheads) would be without John Bogle. Probably index funds would have become widely available only much later if at all.
by alpine_boglehead
Sun Feb 19, 2017 2:19 am
Forum: Investing - Help with Personal Investments
Topic: High valuations - still worth buying?
Replies: 9
Views: 1172

Re: High valuations - still worth buying?

Thanks, these are all good points. Speery8, you're dead right, the distinction between "new high" with "peak" is very important. This "bubble" could last for two years. Are you going to debate this daily for years? No, not after your valued feedback But I fully apprecia...
by alpine_boglehead
Sat Feb 18, 2017 2:08 am
Forum: Personal Consumer Issues
Topic: Spora Ransomware (back up your files)
Replies: 5
Views: 1212

Re: Spora Ransomware (back up your files)

Thanks for the reminder. I can only second that you should back up your files There's many more reasons to do regular backups including potential hardware failures (your harddrive will eventually fail, the question is only when), software glitches, you yourself inadvertently overwriting/deleting fil...
by alpine_boglehead
Sat Feb 18, 2017 2:01 am
Forum: Investing - Help with Personal Investments
Topic: High valuations - still worth buying?
Replies: 9
Views: 1172

High valuations - still worth buying?

In line with some of the threads these days that wonder about high valuations, I've always had the impression that after a run-up, you get a much worse deal when buying stocks than after a drawdown. For example if someone bought at the top in 2007, in my view they took on a much higher risk than whe...