Search found 255 matches

by minimalistmarc
Fri Sep 07, 2018 2:05 am
Forum: Investing - Help with Personal Investments
Topic: 28/F... $325k total comp for 2019. Minimize taxes?
Replies: 8
Views: 2237

Re: 28/F... $325k total comp for 2019. Minimize taxes?

Incredible salary for 28y/o.

You are doing great, don’t obsess about taxes beyond the usual stuff.
by minimalistmarc
Tue Sep 04, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: How To Invest Windfall When At Market Top
Replies: 26
Views: 4039

Re: How To Invest Windfall When At Market Top

Worst case, the market continues to climb during the whole process, and your friend misses out on some of the gains, but still feels okay that he didn’t avoid the market altogether. In the long run, it won’t matter too much. No, worst case the market climbs over the whole process then tanks once fu...
by minimalistmarc
Tue Aug 28, 2018 4:59 am
Forum: Personal Consumer Issues
Topic: Recommend a good SOCK. Yes, I said SOCK!
Replies: 48
Views: 3919

Re: Recommend a good SOCK. Yes, I said SOCK!

Thorlo comfort crew are my favourite but they are expensive
by minimalistmarc
Mon Aug 27, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: Any metrics that say US Stocks are *NOT* expensive?
Replies: 70
Views: 4628

Re: Any metrics that say US Stocks are *NOT* expensive?

I keep reading about how expensive US Equites are by every measure. The most alarming ones are the historical-basis ones, like CAPE, "equity risk premium", price/cash flow over time, etc. But are there any metrics under which US Equities are *not* expensive? I am not trying to be sarcastic. Just cu...
by minimalistmarc
Sat Aug 18, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 66
Views: 11636

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

In london prime and the south of england there are some drops but most of that is just the froth of th e recent bubble but overall prices are still going up and seem likely to continue to do so.ly

I definitely haven't seen anything reasonably priced in the areas I look in.
by minimalistmarc
Fri Aug 17, 2018 6:48 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 412

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf. Yes, I have already to some extent. Two problems with that though: there's tax on gifts too; and more specifically to our situation, my wife does not agree on giving them more at least for now. There’s not really an...
by minimalistmarc
Fri Aug 17, 2018 5:37 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 412

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf.

You can always ask for some back if you needed it, but if you’re considering IHT I guess you don’t
by minimalistmarc
Thu Aug 16, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Enough. How do I invest in Australia. [as a US investor]
Replies: 63
Views: 5409

Re: Enough. How do I invest in Australia.

Buy an Australian index tracker fund or ETF
by minimalistmarc
Tue Aug 07, 2018 3:30 am
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 13690

Re: "Age in Bonds" fails almost everyone

I think threads like this have their greatest value in illustrating exactly how far into this bull cycle we really are. The point in having bonds is not because they improve returns, rather, the reduced volatility they provide prevent people from making very expensive behavioral mistakes when thing...
by minimalistmarc
Fri Aug 03, 2018 2:08 am
Forum: Investing - Theory, News & General
Topic: Good biotech funds
Replies: 22
Views: 1737

Re: Good biotech funds

I'd like to invest in biotech companies. Can anyone suggest a good fund that isnt to deep into experimental/risky companies? Im thinking something more long term and steady. I don't know who is who in pharma world but I do know genetics are the big focus these days They’re in the broad index so you...
by minimalistmarc
Sat Jul 28, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio: Is it 1937 all over again?
Replies: 45
Views: 6256

Re: Ray Dalio: Is it 1937 all over again?

Always good to remind ourselves of possibilities in the stock market and set allocations accordingly, especially after the big runup in recent years. Not many investors are prepared for a repeat of this: http://awealthofcommonsense.com/wp-content/uploads/2017/10/Screen-Shot-2017-10-30-at-3.31.41-PM...
by minimalistmarc
Thu Jul 26, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: First Time UK Investor
Replies: 25
Views: 1337

Re: First Time UK Investor

As a fellow Brit (although residing in EU27) I would seriously question holding 15% UK given what is just around the corner. Who knows? Should be priced in anyway. My recommendation is to stick to market weighting and buy VWRL VG All world ETF. It doesn’t overweight the U.K. but I believe VG Lifest...
by minimalistmarc
Tue Jul 24, 2018 1:13 am
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 65
Views: 6406

Re: I want to sell my home, but I don't want to fix it up

I wouldn't want to have a contractor "complete everything", knowing I wouldn't be checking in at all. Maybe I'm the only one naive enough, but I would trust and expect a person who I hired to do a particular job on my house to actually do the job, whether or not I was there. I mean, I guess I've on...
by minimalistmarc
Sun Jul 22, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Does "Time in the Market" Heal All Portfolio Wounds?
Replies: 57
Views: 5810

Re: Does "Time in the Market" Heal All Portfolio Wounds?

Nope. Even if your vacancy drops from 98% to 94% on a recession, you are still cash flowing. Do you think your tenants just disappear and go live on the street? They crawl into a hole an die? What often happens is, people stop buying the SUVs, lattes, and doggy day care but they prioritize one of t...
by minimalistmarc
Sat Jul 21, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: I dont know how to spend money
Replies: 39
Views: 5197

Re: I dont know how to spend money

Most of the things I like the most are free, like walking, cycling, reading, watching TV.

I bought a new belt for £2.50 today.

Family does cost money, but not that much so far
by minimalistmarc
Sat Jul 21, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 125
Views: 14218

Re: Why not go 100% stocks?

I love 100% stocks but have a good DB pension plan so feel happy dialling up risk to the maximum unleveraged.
by minimalistmarc
Sat Jul 21, 2018 4:06 am
Forum: Investing - Theory, News & General
Topic: Does "Time in the Market" Heal All Portfolio Wounds?
Replies: 57
Views: 5810

Re: Does "Time in the Market" Heal All Portfolio Wounds?

That is why I recommend to invest in real assets that produce cash flow. Such as? Income-producing real estate (residential/commerical/self storage/agricultural/etc.). Fluctuations in value of the property/portfolio is a moot point and pretty irrelevant when you are generating a 10-15% cash flow. I...
by minimalistmarc
Fri Jul 20, 2018 5:42 am
Forum: Investing - Theory, News & General
Topic: Does "Time in the Market" Heal All Portfolio Wounds?
Replies: 57
Views: 5810

Re: Does "Time in the Market" Heal All Portfolio Wounds?

Depends if you are accumulating or deaccumulating
by minimalistmarc
Fri Jul 20, 2018 4:31 am
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 47
Views: 4442

Re: GMO 7 year forecasts are worse than a toss of a coin

I don't understand. How are seven-year forecasts to be evaluated? By how close one of them got? Does GMO say that their forecasts will never turn out to be way off? They surely are not that naïve. I seem to remember that Professor Tower of Duke University did an analysis of GMO forecasts over a per...
by minimalistmarc
Mon Jul 16, 2018 4:22 am
Forum: Personal Consumer Issues
Topic: How much furniture spending is ok?
Replies: 46
Views: 3139

Re: How much furniture spending is ok?

Wow, ya'll spend a lot on furniture! I live in a 4-bedroom, 1800 sq ft home, and own about $200 worth of furniture. Got some Ikea tables (free to me) zip tied together at the legs to make a big desk. Mattress on the floor in one bedroom (the other three bedrooms are empty). An inexpensive desk chai...
by minimalistmarc
Mon Jul 16, 2018 1:46 am
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 76
Views: 10922

Re: Six stocks make up 98% of S&P 500 gains in 2018

With Netflix and Amazon, I believe the idea is that they are positioned to dominate a huge industry. Bulls believe that Amazon will have a large market share of the retail industry and computer storage industries, and Netflix will dominate the TV and movie industry. If you consider the size of thes...
by minimalistmarc
Tue Jul 03, 2018 6:03 am
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 125
Views: 14218

Re: Why not go 100% stocks?

I'm relatively young, 35, and plan to work for the next two decades. I'm in a dual physician household and enjoy working and being productive. I don't really enjoy site-seeing and traveling as much. My household income is approximately 900K with approximately 120K of annual expenses. My question is...
by minimalistmarc
Tue Jul 03, 2018 6:00 am
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 125
Views: 14218

Re: Why not go 100% stocks?

flyingaway wrote:
Tue Jul 03, 2018 12:49 am
Making'$900k a year and wanting to work for 20 more years? Yes, you can be 100% in stocks or in almost anything else. If I were you, I would start worrying about why I want to work for 20 more years.
Some people like their job you know
by minimalistmarc
Tue Jul 03, 2018 2:41 am
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 12976

Re: Expected returns for 80/20 stock bond for next 10 years.

I think things will nominally double or more over the next 10 years but hopefully not as I’m accumulating over that time period. My non written IPS says to ignore all market predictions, including Bogleheads. Whatever happens with the market, keep chucking money at it until it behaves. Property is s...
by minimalistmarc
Sun Jul 01, 2018 5:41 am
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7263

Re: Yes, It’ll Happen - Jonathan Clements

It reemphasizes the value of a pension. For example if your pension is 40K a year it equivalent to withdrawing 4% on a 1 million dollar account. Sort of. But with a $1M account, I have $960,000 left in my account/estate if I die one year into retirement. With the pension, not so much... The $960k i...
by minimalistmarc
Fri Jun 22, 2018 6:59 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 21868

Re: Did you celebrate when you finally hit $1m?

Pity your U.K. fellow bogleheads.

1 million pounds = 1.35 million dollars so we have a lot further to go to break the psychological barrier!
by minimalistmarc
Sun Jun 17, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 13049

Re: MD&P just purchased X / sold Y [md&pharmacist]

I’ve seen enough threads like this to know that the original.posters always disappear when it goes badly - which it always does, more often than chance.

Any success would be statistically meaningless and not indicative of any true skill rather than luck.

In summary, I don’t see the point
by minimalistmarc
Sat Jun 16, 2018 3:39 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 12582

Re: Which boglehead rule do you break--and are ok with

Most of ours are what I'd call "strategic lifestyle creep" - living in Manhattan in our 30s, combined income of just under $700k (which has nearly doubled in last 3 years), with plans to try for kids in near future and sowing some wild oats with travel prior to that. Namely: 1. I pay to have my car...
by minimalistmarc
Thu Jun 14, 2018 1:11 am
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 5543

Re: Bitcoin Price Manipulation

99.99% of the world population don’t care about cryptos or ever want to use them.

I still don’t understand the point.

Seems like a millennial tech fad to me, but that’s just my uneducated opinion
by minimalistmarc
Sat Jun 09, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Foreign language immersion daycare
Replies: 50
Views: 2878

Re: Foreign language immersion daycare

If somebody paid me money I wouldn’t do this, but that’s just my opinion
by minimalistmarc
Fri Jun 08, 2018 3:00 am
Forum: Investing - Theory, News & General
Topic: Indexing will fail investors in next decade
Replies: 57
Views: 9325

Re: Indexing will fail investors in next decade

A decade of poor returns would be a minor setback
by minimalistmarc
Thu Jun 07, 2018 3:18 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Income investments too conservative?
Replies: 59
Views: 4183

Re: Fixed Income investments too conservative?

I'm 47 and close to 100% fixed income. I have been earning < 1% most of the last few years on my 401k. Outside 401k it has been a bit better at < 2%. So I think it all boils down to what you are comfortable with. There are others here (a minority for sure) that are also close to or 100% fixed incom...
by minimalistmarc
Wed Jun 06, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 7465

Re: Should I put some money aside in money market for market correction

One warning for new investors is that bearish investors often make very intelligent sounding, rational statements as to why the market will correct.
by minimalistmarc
Sun Jun 03, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: want to buy a larger bed
Replies: 14
Views: 1403

Re: want to buy a larger bed

Wife and I are both 6 ft + and we have a superking.

Do you not get these in USA?
by minimalistmarc
Sun Jun 03, 2018 4:35 am
Forum: Personal Consumer Issues
Topic: Friends with an EJ Advisor
Replies: 49
Views: 4321

Re: Friends with an EJ Advisor

I'd call him out. Politely, of course. But simply say something along the lines of "I really like you and truly appreciate our friendship, but I sometimes feel like you're only friends with me in order to get my business. I hope that's not the case, because I really like you and truly appreciate ou...
by minimalistmarc
Sat Jun 02, 2018 3:31 am
Forum: Personal Finance (Not Investing)
Topic: 125K Spend - Would you do this ?
Replies: 53
Views: 5366

Re: 125K Spend - Would you do this ?

What about one of those electric beds where each half is separately adjustable. I’m sure I saw an advert for one of those recently.

Do you want your own bed so you can stretch out or toss and turn a lot?

Maybe even a high grade mattress topper you can put on the living room floor would do?
by minimalistmarc
Tue May 29, 2018 12:05 pm
Forum: Personal Consumer Issues
Topic: Scotland in 2019
Replies: 16
Views: 1460

Re: Scotland in 2019

Glaswegian boglehead here!

Agree Glasgow not great for tourists.

I’m currently on holiday on the Isle of Arran and my personal view is it is far nicer than Skye and easier to get to.

Avienore is another favourite near Inverness
by minimalistmarc
Thu May 24, 2018 3:31 am
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 14149

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

I can’t pretend to argue with efficient market hypothesis but my personal feelings are that which means I am not 100% total world market weight. I don’t want to be invested in Russia even if it’s 1% or less. I don’t want to be invested in Africa. I don’t want to be invested in South America. I don’...
by minimalistmarc
Sun May 20, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Life Changes
Replies: 27
Views: 3694

Re: Life Changes

Why not stay put while you build the new house, then move once it’s habitable?
by minimalistmarc
Sun May 13, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: New(ish) attending physicians in the Bay Area: Housing
Replies: 150
Views: 13350

Re: New(ish) attending physicians in the Bay Area: Housing

Rent. Wait for the next crash. Swoop in. Definitely a safe option for physicians, as your jobs are quite recession proof. Waiting can be painful though. You say the parents are elderly and frail, but if they can give you daily child care they must be in reasonably good shape. Seems they are holding...
by minimalistmarc
Sun May 13, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 18342

Re: What Percentage CASH are you?

100 % Cash (prime money market) Two houses, 3 cars all paid for. Zero debt. Made a bundle earlier this year by market timing. Dont want to make any more as I would get into highest tax bracket, amt, extortionate medicare premiums etc Made a bundle in 2009 by timing. Both pure luck of course. Now ve...
by minimalistmarc
Sun May 13, 2018 8:21 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 18342

Re: What Percentage CASH are you?

Highest number loses right? I'm sitting at about 80% cash, and this is coming from someone who preaches 3 fund to anyone who asks. My retirement account is almost all 3 fund. Taxable had some cash already, but with a sale of a house 6 months ago, I'm sitting at 80% cash overall. I know in principle...
by minimalistmarc
Sun May 13, 2018 8:19 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 18342

Re: What Percentage CASH are you?

About 0.5% but looking to increase that to 5%.

My reason is that I have 2 young kids under 4 and a wife and I'm thinking I should keep a "safe pot" aside for their benefit rather than just sticking to my own desire of 100% invested in assets.
by minimalistmarc
Sun May 13, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: setting up trust- possible sibling drama may ensue
Replies: 34
Views: 3128

Re: setting up trust- possible sibling drama may ensue

Your father's wishes are for you to inherit all when he passes. For you to spread this to siblings who have taken and squandered money from your father (and you) for many years could be looked at as they have taken their inheritance in advance. All stop. The entire estate goes to you. You do not di...
by minimalistmarc
Thu May 03, 2018 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6993

Re: Starting to smell like buying season?

100% equities for me so I’m buying now and in the future. I do like to wait till I have at least a chunk of 10k to invest but once I have it in it goes
by minimalistmarc
Tue Apr 17, 2018 5:40 pm
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 7225

Re: Your Money Or Your Life

Thesaints wrote:
Tue Apr 17, 2018 5:27 pm
minimalistmarc wrote:
Tue Apr 17, 2018 5:20 pm
It is out of a strong desire to be free to do what you want.
I find it gets harder the less money I have.
Either want less or earn more :)
by minimalistmarc
Tue Apr 17, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Advice Sought for UK Investor
Replies: 11
Views: 1251

Re: Portfolio Review and Advice Sought for UK Investor

I wonder how another country would find out about your ISA? Given it is tax sheltered I didn’t think the broker sent anything to HMRC. I would be surprised if most people disclosed their ISA when moving abroad.
by minimalistmarc
Tue Apr 17, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 7225

Re: Your Money Or Your Life

Thesaints wrote:
Tue Apr 17, 2018 4:57 pm
I know it is just me, but I can't understand all those people living very parsimoniously, only to finance a long (and a lot less secure) even more parsimonious retirement.
It is out of a strong desire to be free to do what you want.