Search found 206 matches

by herpfinance
Sun Jun 17, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 213
Views: 38544

Re: What's your U.S. : International ratio?

90% US 10% int International just drags a VTSAX portfolio down Is that what your crystal ball's prediction is? I don't think the statement was intended to be a crystal ball prediction. I suspect it was simply a statement of fact about the recent past. (Disclaimer: 30% of my equities are internation...
by herpfinance
Sun Jun 17, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 213
Views: 38544

Re: What's your U.S. : International ratio?

Actin wrote:
Sun Jun 17, 2018 9:02 am
90% US 10% int

International just drags a VTSAX portfolio down
Is that what your crystal ball's prediction is?
by herpfinance
Wed May 09, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 17700

Re: What Percentage CASH are you?

Cash has never been set at a percentage of the portfolio. It's been set as a fixed amount based on need. So, it can be calculated as a percentage of the total portfolio but that's pretty much meaningless. [...] Before I retired, we had only the floats needed at the banks and very short term savings...
by herpfinance
Tue May 08, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 17700

Re: What Percentage CASH are you?

Slightly above 30%, including checking, savings, and CD's.

The reason it's so high is because bond yields have been poor the last few years in the EU and continue to be so. Might as well take similar yield in cash with no credit, interest rate or principal risk.
by herpfinance
Tue May 08, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Happy 89th birthday to [Jack] Bogle
Replies: 44
Views: 2742

Re: Happy 89th birthday to Bogle

Happy birthday, John C. Bogle!

Thank you for your excellent service to the layman investor.
by herpfinance
Sat May 05, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Denmark] Early inheritance of vacation home
Replies: 6
Views: 541

Re: [Denmark] Early inheritance of vacation home

A storage unit that could hold all of the spare items would run $160-240 a month. And what's the value of those spare items, and do they give your family any joy? (perhaps a copy of Marie Kondo's book "The Life Changing Magic of Tidying Up" could help if those items aren't actually needed anymore)....
by herpfinance
Sat May 05, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: [Denmark] Early inheritance of vacation home
Replies: 6
Views: 541

Re: [Denmark] Early inheritance of vacation home

What would you do with it if you inherited it “later” - actually use it as a vacation home or letting it sit idle? If I were to inherit it at some point in the future when my father passed away, I'd clean it out and then decide. It's hard to say, as we could easily be talking a decade into the futu...
by herpfinance
Sat May 05, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Denmark] Early inheritance of vacation home
Replies: 6
Views: 541

Re: [Denmark] Early inheritance of vacation home

I know nothing of what the market it like in Denmark, but any chance you can recoup some or all the costs by renting it out occasionally as an AirBnB? Is it in any area where you can find a local management company to help with maintenance and upkeep while renting it out short term so you don't hav...
by herpfinance
Sat May 05, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: [Denmark] Early inheritance of vacation home
Replies: 6
Views: 541

[Denmark] Early inheritance of vacation home

Hello bogleheads, My father has been offering me his vacation home as a gift for quite a few years now. I've been hesitant about accepting due to having to pay property taxes and taking on the additional costs of maintaining it. The place hasn't really been used for many years and it's just sitting ...
by herpfinance
Mon Apr 30, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: How does one optimally prepare for predictable, lumpy expenses while consistently investing?
Replies: 22
Views: 2234

Re: How does one optimally prepare for predictable, lumpy expenses while consistently investing?

If you invest as soon as possible, you will, on the average, maximize long term returns. If you withdraw the money after only a year, there won't BE any long term returns, only short term returns. :happy I get your point that, on average over the long term, the OP would probably gain more money tha...
by herpfinance
Sun Apr 29, 2018 4:24 am
Forum: Investing - Theory, News & General
Topic: How does one optimally prepare for predictable, lumpy expenses while consistently investing?
Replies: 22
Views: 2234

Re: How does one optimally prepare for predictable, lumpy expenses while consistently investing?

Let's suppose you know that you will need to pay a fairly large fixed cost every year on a specific date. However, you are inclined to invest all income in excess of your emergency savings and other necessary expenses as soon as possible to maximize long-term returns. [emphasis added] Long-term ret...
by herpfinance
Sat Apr 21, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 173
Views: 15606

Re: I’m still not a fan of international bond funds

Yeah, I haven't looked into them that much but their extremely low yields kind of confuse me. In my mind, international = more risky, so therefore shouldn't an uninformed person expect international bond yields to be higher than our domestic bonds? :confused Central banks in the Eurozone, Japan, an...
by herpfinance
Mon Feb 19, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Using cFiresim
Replies: 14
Views: 1865

Re: Using cFiresim

cFIREsim used to be one of my favorite retirement planning tools, but now in the results they do not provide any data under statistics heading. So Firecalc has become more useful even though I don't like their interface as much. I noticed that change recently. At first I thought it was a bug in my ...
by herpfinance
Mon Feb 19, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Using cFiresim
Replies: 14
Views: 1865

Re: Using cFiresim

cFIREsim used to be one of my favorite retirement planning tools, but now in the results they do not provide any data under statistics heading. So Firecalc has become more useful even though I don't like their interface as much. I noticed that change recently. At first I thought it was a bug in my ...
by herpfinance
Wed Feb 07, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: When do you re-allocate?
Replies: 4
Views: 408

Re: When do you re-allocate?

Hypothetically, let's say that you have a domestic equities target of 50% in VTSAX. If unchanged it runs up to 51% after one month, 53% after one quarter, and 55% after one year. I'm curious about the different opinions of when you would re-allocate and shift some into bond funds. (I realize some o...
by herpfinance
Tue Feb 06, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1451283

Re: U.S. stocks in freefall

It's smaller drops like these that reinforce my decision to not hold 100% equities :sharebeer
by herpfinance
Sat Feb 03, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 17042

Re: Blood in the water- buying?

The S&P 500 dropped by 4% over the last week or so. Fairly normal and nowhere close to blood in the streets.
by herpfinance
Fri Feb 02, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 4218

Re: Multiple bank accounts - am I crazy?

As long as each account provides a reasonable benefit, I don't think it's crazy. I have access to checking accounts at three different banks. One bank I only used because it offered the best rates on a savings account, but I've since emptied my accounts there as that's no longer the case. Another ba...
by herpfinance
Wed Jan 31, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 109
Views: 23254

Re: Bill Sharpe's preferred portfolio

Apart from his investments, Sharpe had interesting ideas years ago on how to allocate retirement funds, in 'lockboxes', a combination of a total market risk portfolio combined with a risk-free asset to be spent in each year of retirement. He said it's the optimal way to draw down funds and maximize...
by herpfinance
Sun Jan 28, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 13714

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

Don't outsmart yourself. Stay the course. Absolutely nothing wrong with 30% bonds. If stocks only went up, there would be no such thing as bonds. Stocks do not always go up. When they go down (and fast) you will be wishing you had more bonds. So it goes. Stay at 30% until you go through your first ...
by herpfinance
Thu Jan 25, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 18731

Re: The Power of Working Longer

Agreed, I had a post locked on here just last week where I pointed out an article showing that pooling suggests only 31% of us housholds could afford a single suprise $1000 bill. It makes me some time wonder just how much of a bubble we in boggelheads are living. I'm planning on saving and retiring...
by herpfinance
Sat Jan 20, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 213
Views: 38544

Re: What's your U.S. : International ratio?

Market cap-weighted, so fairly close to 50:50.
by herpfinance
Thu Jan 18, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: MiFID II [European Union - Markets in Financial Instruments Directive]
Replies: 27
Views: 2243

Re: MiFID II [European Union - Markets in Financial Instruments Directive]

Also noteworthy is that the broker that banned buying US ETFs is alone in the Netherlands, I have yet to hear of other brokers in the Netherlands removing US ETFs from their platforms. Still, I am far from an expert on these matters, so I guess time will tell. Although I am based in Denmark, Nordne...
by herpfinance
Thu Jan 18, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Brokerage and DEGIRO ETFs - MiFID II
Replies: 5
Views: 1478

Re: Brokerage and DEGIRO ETFs - MiFID II

I have an account at DEGIRO and have been investing with them for a couple of years. If you have any questions, send me a PM and I'll be happy to elaborate in this thread.
by herpfinance
Sat Jan 13, 2018 8:26 am
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 19401

Re: How does everyone keep track of your portfolio?

I don't keep historical records, although sometimes I wonder if I should. The spreadsheet is mostly useful for helping me keeping track of my asset allocation. While I keep copies of all the monthly statements (in .PDF form on the computer), I never look at them. I update my spreadsheet monthly and...
by herpfinance
Sat Jan 13, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 19401

Re: How does everyone keep track of your portfolio?

oldcomputerguy wrote:
Sat Jan 13, 2018 7:40 am
VAslim16 wrote:
Sat Jan 13, 2018 5:31 am
herpfinance wrote:
Tue Oct 17, 2017 8:32 am
Good old Excel spreadsheet.
+1
+1
+1 :D

I don't keep historical records, although sometimes I wonder if I should. The spreadsheet is mostly useful for helping me keeping track of my asset allocation.
by herpfinance
Sat Jan 06, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time for me to get my 401K out of the stock market?
Replies: 24
Views: 4354

Re: Is it time for me to get my 401K out of the stock market?

Reduce your equities if you feel uncomfortable with your risk level but you should always have some stocks. An adage attributed to John Bogle is to keep your AA between 75/25 and 25/75 throughout your life, adjusted according to age and risk tolerance. Wouldn't that be an adage to Benjamin Graham? ...
by herpfinance
Sat Jan 06, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time for me to get my 401K out of the stock market?
Replies: 24
Views: 4354

Re: Is it time for me to get my 401K out of the stock market?

Nope. It is not time for you to get your 401K out of the stock market. You can still declare victory though. +1. It would be unwise to leave the stock market entirely, but it's sensible to re-consider your willingness, ability, and need to take risk given that you have almost reached your goals (if...
by herpfinance
Sat Jan 06, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 734
Views: 204822

Re: Share your net worth progression

Go Blue 99 wrote:
Sat Jan 06, 2018 10:55 am
You know you're on Bogleheads when 38 is considered late to hit 2 comma status ;-)
No kidding! I hit $200k last year and being in my early 30's, I think I'm doing very well as compared to the general population.
by herpfinance
Wed Jan 03, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 734
Views: 204822

Re: Share your net worth progression

I’m an obsessive recordkeeper like many Bogleheads and have tracked quarterly net worth since I was 25 years old. I stopped tracking everything for about a year in 2008 and 2009 because it was so painful. I only know my numbers because years later I went back and filled in the blanks. It was very p...
by herpfinance
Sat Dec 30, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 734
Views: 204822

Re: Share your net worth progression

tuningfork wrote:
Sat Dec 30, 2017 12:35 am
2007: $1.7M (peak before the great recession)
2009: $983K (bottom, what a ride!)
2009: $1M (rejoined the 2 comma club)
Yikes! Were you fully invested in equities at the time?

At any rate, very impressive progress!
by herpfinance
Mon Dec 25, 2017 7:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present to You
Replies: 90
Views: 9361

Re: My Christmas Present to You

Merry Christmas, Taylor!
by herpfinance
Wed Dec 20, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 25397

Re: 2nd million is easier!

I realize this post might be perceived as a humblebrag so please accept my apologies in advance. Financial milestones are not something I can really celebrate/share with family or friends. I am 51 years old and it took me until age 47 to accumulate over 1 million in my investment accounts. It only ...
by herpfinance
Sun Dec 17, 2017 8:27 am
Forum: Investing - Help with Personal Investments
Topic: 28 Years Old: In the current market, what % into bonds?
Replies: 56
Views: 4464

Re: 28 Years Old: In the current market, what % into bonds?

I'm probably more risk averse than most in this thread and so I have a retirement allocation of 75/25. If you include all assets (car savings, emergency fund, checking account), I'm at roughly 60/40. I'm in my early 30's. It's an allocation that prevents me from worrying about investments too much. ...
by herpfinance
Tue Dec 12, 2017 10:42 am
Forum: Personal Consumer Issues
Topic: Best solution for digitizing documents?
Replies: 55
Views: 5562

Re: Best solution for digitizing documents?

Scanner Pro by Readdle is an awesome app that can save to a bunch of places including dropbox, Gdrive etc. Try it out you will love it. No need to buy expensive scanners. Edit: My crisp response sounded like I work for them but no :-). So I am editing my response. I have been using that app for the...
by herpfinance
Mon Dec 11, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 19193

Re: Save all this money, what do you splurge on?

I can say with complete honesty that I really don't splurge on anything. I'm quite the cheapskate :mrgreen:

That doesn't mean that everything has to be dirt cheap, but rather that getting good value for my money is the most important thing.
by herpfinance
Fri Oct 27, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: 91, 01, 09. Then 19? [Year for next market crash]
Replies: 27
Views: 2988

Re: 91, 01, 09. Then 19?

My prediction is that we will almost certainly have a market crash at some point in the future.
by herpfinance
Thu Oct 26, 2017 3:49 pm
Forum: Investing - Theory, News & General
Topic: [Germany only] Vanguard ETFs now available on XETRA
Replies: 7
Views: 1214

Re: [Germany only] Vanguard ETFs now available on XETRA

As an investor based in Denmark, this is something that I appreciate as well.

I'll have to check my brokers in order to see if additional ETF's have become available. I currently do not use Vanguard ETF's as they have not been as easy to access as other providers.
by herpfinance
Tue Oct 17, 2017 8:12 am
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 13734

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

Sound advice from Mr. Bogle.

I have no plans to change asset allocation at this time, as stocks are still much more attractive on a valuation basis than bonds. Additionally, I already lean conservative.
by herpfinance
Sat Aug 12, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: How to not obsess over investments?
Replies: 46
Views: 4955

Re: How to not obsess over investments?

I'm taking a step back and reading more on coming up with a definitive investment plan. Do I want to tilt towards small/mid caps? What should my asset allocation be given my risk tolerance? What portion of my holdings do I want in International Funds? These are questions that should have been explo...
by herpfinance
Thu Aug 10, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Tesla - next big lottery ticket ?
Replies: 179
Views: 21314

Re: Tesla - next big lottery ticket ?

A unprofitable business with its stock selling at very lofty valuations? Not something I'd take the odds on.

It's a lottery ticket. As long as you acknowledge that for buying a basket of these, your odds are high of coming out with a loss, I say go ahead.
by herpfinance
Fri Jul 21, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: 28yr old - retirement portfolio - denmark
Replies: 14
Views: 2008

Re: 28yr old - retirement portfolio - denmark

but if i look at the eunl (iwda) in usd vs eur on my platform, then usd is ytd 12,54% and eur ytd is 0,81% for is3n (emim) it is usd 23,37% vs 11,55% they all hv the same isin behind them (iwda IE00B4L5Y983 - emim IE00BKM4GZ66) so obviously its becayse of the currency of the fund - but then surely ...
by herpfinance
Wed Jul 19, 2017 3:52 pm
Forum: Investing - Theory, News & General
Topic: Stocks just got cheaper... per Vanguard [sudden change in Vanguard fund P/Es]
Replies: 29
Views: 5216

Re: Stocks just got cheaper... per Vanguard [sudden change in Vanguard fund P/Es]

Why do you say this? I understand the issues with forward earnings. However it is my understanding that forward earnings have more predictive value than backwards earnings. Looking forward in the fog instead of driving by the rear view mirror sort of thing. Forward earnings are more often than not ...
by herpfinance
Tue Jul 11, 2017 4:06 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 734
Views: 204822

Re: Share your net worth progression

Pretty fun to dig up your old posts. I made this one just last year in a thread about hitting your first $100k. I hit that milestone last year. I don't remember if it was before or after my birthday, so either at age 30 or 31. I feel pretty confident saying that I will reach 200k before age 35. Well...
by herpfinance
Fri Jul 07, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: 28yr old - retirement portfolio - denmark
Replies: 14
Views: 2008

Re: 28yr old - retirement portfolio - denmark

Hi hojlund88 Nice to see another dane on the forum! I don't believe there's many of us around. I believe iShares Global AAA-AA Govt Bond UCITS ETF is not currency-hedged? If so, you should factor currency risk into the equation as well as it will lead to increased volatility. I prefer not taking cur...
by herpfinance
Wed Jul 05, 2017 7:17 am
Forum: Investing - Help with Personal Investments
Topic: A Better Version Of The Warren Buffett 90/10 Portfolio?
Replies: 19
Views: 4173

Re: A Better Version Of The Warren Buffett 90/10 Portfolio?

When experts evaluate portfolios, they assess total return, which is expected appreciation plus dividend yield. High dividend strategies do not outperform total return strategies. It's equivalent to liquidate the appreciated shares to match the desired % return. The difference is only emotional/beh...
by herpfinance
Sun Jun 18, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 48210

Re: Regret early retirement/downsizing

Different people are different. If I had had the money, I could have happily retired at age 24. I'm a creative person who can write, make music, pursue publishing and countless other projects. I don't get my energy or motivation from social situations or other people. I don't need or want validatio...
by herpfinance
Sat Jun 17, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 734
Views: 204822

Re: Share your net worth progression

I'm still very much at the beginning of my journey, but here are a couple of milestones:

$100k September 2014
$150k July 2016

$195k today.

I'm in my early 30's.
by herpfinance
Thu Jun 15, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Privacy vs $$$$
Replies: 31
Views: 4937

Re: Privacy vs $$$$

runner3081 wrote: Fake phone number and fake email address.

All of our frequent shopper accounts, etc are done that way.

Problem solved.

And no, I am not bothered by giving up my privacy in certain situations, but still give out fake info.
Why haven't I considered that before? What a simple and great idea!