Search found 360 matches

by minimalistmarc
Sun Feb 17, 2019 6:15 am
Forum: Personal Finance (Not Investing)
Topic: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...
Replies: 107
Views: 4696

Re: I want a new Audi A6 2018 (50k) - Can I afford it? Or is this just a really dumb decision...

After the initial thrill will this car actually make your life better/happier? Also, often once you start buying cars like this you get on a treadmill of escalating costs. Personally, I think it’s a really dumb thing to spend money on unless you already have financial independence and excess on top ...
by minimalistmarc
Mon Feb 11, 2019 7:39 am
Forum: Personal Investments
Topic: 100% equities and looking to keep it simple
Replies: 13
Views: 1258

Re: 100% equities and looking to keep it simple

The simplest portfolio for market weight would be 100% vanguard all world
by minimalistmarc
Sat Feb 09, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: Recommendation for home gym (limited space)
Replies: 60
Views: 3835

Re: Recommendation for home gym (limited space)

Just get a few kettlebells
by minimalistmarc
Fri Feb 08, 2019 4:54 pm
Forum: Personal Investments
Topic: Opinion on VTWAX [Vanguard Total World Stock]
Replies: 85
Views: 5271

Re: Opinion on VTWAX [Vanguard Total World Stock]

You believe you know better than the market. I believe you don't;) It is indeed differences in opinion. The reason that there is so much debate is because there is no clear right answer. COI - I am 100% all world I believe I have zero edge. I don't know how efficient the market is, but there are en...
by minimalistmarc
Fri Feb 08, 2019 6:21 am
Forum: Personal Investments
Topic: 29 year old taking over my previously managed investments
Replies: 17
Views: 2725

Re: 29 year old taking over my previously managed investments

Hello Boggleheads forum! First post, I hope I get the formatting correct. I am a 29 year old professional poker player. I have been doing that for 10 years now, minus the year that I took off to focus on cryptocurrency investing. I entered the world of cryptocurrency with $250,000~ that I had saved...
by minimalistmarc
Fri Feb 08, 2019 5:49 am
Forum: Investing - Theory, News & General
Topic: To What Degree Does Money Buy Happiness?
Replies: 107
Views: 4865

Re: To What Degree Does Money Buy Happiness?

My money makes me happy. Spending it wouldn’t make me happy, but knowing I have enough to be free does. I think what people mean is buying stuff won’t make you happy. I’m an introvert and do not want an extensive network of friends, sounds exhausting. I don’t like paying people to do menial tasks we...
by minimalistmarc
Fri Feb 08, 2019 5:40 am
Forum: Investing - Theory, News & General
Topic: To What Degree Does Money Buy Happiness?
Replies: 107
Views: 4865

Re: To What Degree Does Money Buy Happiness?

My money makes me happy. Spending it wouldn’t make me happy, but knowing I have enough to be free does. I think when people mean is buying stuff won’t make you happy. I’m an introvert and do not want an extensive network of friends, sounds exhausting. I don’t like paying people to do menial tasks we...
by minimalistmarc
Wed Feb 06, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 651
Views: 65661

Re: What frugal thing did you do today?

Did 4 x 4 minute rounds of 20:10 seconds HIIT exercise in my living room to Spotify music.

Saving 150 bucks a month by not going to gym!

Also, joined library while there colouring with my 4 year old and checked out my first book which I had on my amazon checkout, saved 8 bucks!
by minimalistmarc
Tue Feb 05, 2019 1:57 am
Forum: Investing - Theory, News & General
Topic: Worst December...Best January
Replies: 29
Views: 3670

Re: Worst December...Best January

nedsaid wrote:
Mon Feb 04, 2019 10:46 pm
Its like dude, what happened to the bear market?
Dude, I lost my bear market
by minimalistmarc
Wed Jan 30, 2019 10:41 am
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 96
Views: 11630

Re: It was a dip. Did you notice? The December drop is over.

Too short to do all the tax loss harvesting I wanted between the 61 day dividend rule and the 30 day wash sale rule. That said, I've now got enough assets that it's just nice to see the market recover because that recovery was worth a lot of money to me. I know what you mean. I’m still accumulating...
by minimalistmarc
Sun Jan 27, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: What did you learn from 2018 in the markets?
Replies: 104
Views: 5946

Re: What did you learn from 2018 in the markets?

I confirmed my high risk tolerance.
I loved being 100% equities all world and just feeding it come what may.
I have a dark side and was hoping for a mega crash for 5 years to accumulate.
by minimalistmarc
Sat Jan 26, 2019 4:03 pm
Forum: Non-US Investing
Topic: UK Investors - What is your portfolio
Replies: 30
Views: 1469

Re: UK Investors - What is your portfolio

As noted above, I didn't think so either until it got cut, and cut, and cut. But at least you are aware of it. You are also in a better position here than DC pension savers, since the 20x multiplier means you don't hit it with a DB plan until just over £50k of annual pension. In comparison, a DC pe...
by minimalistmarc
Sat Jan 26, 2019 10:44 am
Forum: Non-US Investing
Topic: UK Investors - What is your portfolio
Replies: 30
Views: 1469

Re: UK Investors - What is your portfolio

... So where do you get 80% from? How do you calculate that? Just FYI, even those of us outside DB schemes such as the NHS are at risk of excessive tax rates when it comes to pension saving. The problem is double-tax, and potentially even triple-tax. Suppose as a DC pension saver you contribute £40...
by minimalistmarc
Sat Jan 26, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Do you ever feel overpaid?
Replies: 72
Views: 4393

Re: Do you ever feel overpaid?

In the UK, income between 100 - 200k is taxed very highly so net after tax income is more humbling.

I don't think I will feel overpaid unless I could bust through the 200k barrier back into more reasonable income tax rates
by minimalistmarc
Sat Jan 26, 2019 6:47 am
Forum: Non-US Investing
Topic: UK Investors - What is your portfolio
Replies: 30
Views: 1469

Re: UK Investors - What is your portfolio

Inside tip, this stealth tax (which started 2 years ago) affects most NHS consultants and most are now learning the hard way. Over the next few years no NHS senior doctors will be doing overtime as it basically equates to working for nothing. Health secretary Matt Hancock is apparently on the case ...
by minimalistmarc
Fri Jan 25, 2019 5:57 pm
Forum: Non-US Investing
Topic: UK Investors - What is your portfolio
Replies: 30
Views: 1469

Re: UK Investors - What is your portfolio

100% vanguard all world ETF No bonds but have a decent sized DB pension which I can access in 15 years. I’m not worried about lifetime allowances. It is annual allowance which is the killer for me at the moment as DB pensions and annual allowance tapering is extremely complicated to calculate (my a...
by minimalistmarc
Fri Jan 25, 2019 2:02 pm
Forum: Non-US Investing
Topic: UK Investors - What is your portfolio
Replies: 30
Views: 1469

Re: UK Investors - What is your portfolio

100% vanguard all world ETF No bonds but have a decent sized DB pension which I can access in 15 years. I’m not worried about lifetime allowances. It is annual allowance which is the killer for me at the moment as DB pensions and annual allowance tapering is extremely complicated to calculate (my a...
by minimalistmarc
Fri Jan 25, 2019 9:38 am
Forum: Non-US Investing
Topic: UK Investors - What is your portfolio
Replies: 30
Views: 1469

Re: UK Investors - What is your portfolio

100% vanguard all world ETF No bonds but have a decent sized DB pension which I can access in 15 years. I’m not worried about lifetime allowances. It is annual allowance which is the killer for me at the moment as DB pensions and annual allowance tapering is extremely complicated to calculate (my ac...
by minimalistmarc
Sat Jan 19, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1806500

Re: U.S. stocks in free fall

I went 80% cash today at the close. It may be a brilliant move or... :oops: Whyfore thou go to 80% cash? Just a hunch. I could well be wrong but I have a interest income fund paying 2.8% to park it in while I see if my hunch was correct. The dividend yield on the S&P is just over 2%. The market is ...
by minimalistmarc
Thu Jan 17, 2019 11:52 am
Forum: Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16777

Re: Why are you NOT buying rental properties?

Can one make money with direct real estate? Sure. Can one make money investing in stock and bond markets? Sure. Only time will tell which was better. At the end of the day any investor needs to have a complete understanding of the investment from a risk, reward, and cost perspective. I want an easy...
by minimalistmarc
Thu Jan 17, 2019 4:19 am
Forum: Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16777

Re: Why are your NOT buying rental properties?

I've got two rentals and I've put in exactly 0 hours doing anything to them in the last 24 months. One rental is valued at a little over 100k and rents for $900/mo, the other is worth 175k and rents for $1300/mo. I owe zilch on these properties and I'm very happy with their performances. I read man...
by minimalistmarc
Wed Jan 16, 2019 4:46 pm
Forum: Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16777

Re: Why are your NOT buying rental properties?

Too stressful. I had a great rental property and netted 250k profit selling out in 2016 in London, Uk (60 k downpayment) Despite the fact that this was a stress free rental, I still had to go and check it out once a year, keep records for tax returns, use an accountant, talk to the property manager....
by minimalistmarc
Tue Jan 15, 2019 5:16 pm
Forum: Investing - Theory, News & General
Topic: Active Stock Fund Slump (Morningstar discussion)
Replies: 3
Views: 352

Re: Active Stock Fund Slump (Morningstar discussion)

I agree with the fees matter idea, but I am reluctant to just go TSM for US and International. While certain styles have underperformed recently, I still believe that in the long haul, style premia such as value, momentum, quality, and size will outperform. All of them or none of them may outperfor...
by minimalistmarc
Wed Jan 09, 2019 8:12 am
Forum: Non-US Investing
Topic: Investment bonds - 7.9% and 9.9% (UK)
Replies: 8
Views: 755

Re: Investment bonds - 7.9% and 9.9% (UK)

Very long barge pole required
by minimalistmarc
Sat Jan 05, 2019 3:44 am
Forum: Investing - Theory, News & General
Topic: US Stock Market Returns in the 21st Century
Replies: 92
Views: 4436

Re: US Stock Market Returns in the 21st Century

The first 19 years of the 21 st century are now history. Here are the real average annual returns for the US stock market over those 19 years. A period which includes a nine year bull market as well as two market crashes. US stock market annual average real returns from 12/31/99 through 12/31/2018....
by minimalistmarc
Fri Jan 04, 2019 9:01 am
Forum: Personal Investments
Topic: advice for rarer areas of portfolio
Replies: 17
Views: 1218

Re: advice for rarer areas of portfolio

I think P2P is another genuine diversifier.

In the U.K. there are generous tax incentives for P2P, but it can be equally/more risky than equities (with potentially higher returns)
by minimalistmarc
Thu Jan 03, 2019 7:29 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4311

Re: What do you think of this advice?

David Jay wrote: “Technical” market analysis is the modern day equivalent of the witch doctor examining chicken entrails to foretell the future. The guy who coined the term “technical analysis” for a pattern fitting exercise was a marketing genius. 1+ Well put. Technical analysis can accurately def...
by minimalistmarc
Thu Jan 03, 2019 7:25 pm
Forum: Investing - Theory, News & General
Topic: What do you think of this advice?
Replies: 62
Views: 4311

Re: What do you think of this advice?

Point 3 isn’t without merit. Believing that you’re getting some great deal by buying the dips implies that you know the market will soon rebound (and won’t plummet even further). I disagree. If your buying for the very long term then every dip is an opportunity. Doesn’t matter if it plummets further.
by minimalistmarc
Wed Jan 02, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Black licorice fans - suggestions?
Replies: 29
Views: 1456

Re: Black licorice fans - suggestions?

I like RJ’s natural licorice. Very good quality
by minimalistmarc
Wed Jan 02, 2019 1:01 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: investing Uncomfortably
Replies: 88
Views: 7872

Re: Larry Swedroe: investing Uncomfortably

I didn’t understand the article.

Can somebody please tell me if there was anything actionable for bogleheads?
by minimalistmarc
Wed Jan 02, 2019 5:41 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1806500

Re: U.S. stocks in free fall

by TheTimeLord I chose to go the abrupt route reducing my equity exposure because the pullback in early 2018 got me thinking I have enough what is the point of risking it. I think there is always a tension between risk management and maximizing gains, but for me the closer I got to having what I ne...
by minimalistmarc
Tue Jan 01, 2019 2:57 am
Forum: Personal Finance (Not Investing)
Topic: Paid your out of pocket maximum? Think again
Replies: 15
Views: 2344

Re: Paid your out of pocket maximum? Think again

The American privatised health care system is utterly pathetic. Not only a waste of money but also a huge waste of time.
by minimalistmarc
Sun Dec 30, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 903
Views: 233964

Re: What is your Year 2018 networth change?

sambb wrote:
Sat Dec 29, 2018 12:45 pm
even, as savings eclipsed equities loss. Best thing to invest in, is your career to raise income. Far better than index funds
Unfortunately not the case in the U.K. where we have eye watering income tax on earnings > 60k making additional hard work pointless :(
by minimalistmarc
Fri Dec 28, 2018 6:09 pm
Forum: US Chapters
Topic: My favorite Boglehead posters
Replies: 142
Views: 8338

Re: My favorite Boglehead posters

Toons :)
by minimalistmarc
Fri Dec 28, 2018 5:07 am
Forum: Personal Investments
Topic: Bear Market portfolios
Replies: 15
Views: 1843

Re: Bear Market portfolios

I'm a 100% disabled Army veteran. I'm going to do a VA home loan. My income will be enough. So I'm investing just for fun. :) So do you not need the money you are investing now or in future at some point. If not then you could argue for low or high allocation to equities. If you find volatility fun...
by minimalistmarc
Thu Dec 27, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: 100% stocks vs 80% just to rebalance? (Edit: Inside retirement accounts)
Replies: 24
Views: 2540

Re: 100% stocks vs 80% just to rebalance? (Edit: Inside retirement accounts)

I would advise against 100% stocks for almost everybody as it's simply too risky. I never considered the rather obvious fact that you can't rebalance if you are 100% in stocks. Never occurred to me and I have a degree in finance & 25 years of investment experience. You can rebalance with monthly ea...
by minimalistmarc
Thu Dec 27, 2018 2:29 pm
Forum: Investing - Theory, News & General
Topic: Will the real contrarians please stand up?
Replies: 58
Views: 4036

Re: Will the real contrarians please stand up?

I'm a contrarian. I bought a new home in 2008 during the housing crash. I went 100% equities in 2009 when the world was burning. I have a massive short position on Tesla while everyone considers Musk a "genius" and Tesla is going to "change the world".. I sold all equities in 2018 when the market w...
by minimalistmarc
Thu Dec 27, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 563
Views: 63080

Re: U.S. stocks continue to soar!

Whatever happens, at least we have now officially had a “bear market” and will no longer have to endure tedious posts about “longest bull market/most hated bull market/this bull market is long in the tooth” We didn’t though. If you use the closing definition of bear markets it only got to 19.8% so ...
by minimalistmarc
Thu Dec 27, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10240
Views: 1806500

Re: U.S. stocks in free fall

CULater wrote:
Thu Dec 27, 2018 9:29 am
Did you sell during yesterday's moonshot?
Always a buyer, never a seller. Accumulate , don’t speculate.
by minimalistmarc
Thu Dec 27, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 563
Views: 63080

Re: U.S. stocks continue to soar!

Whatever happens, at least we have now officially had a “bear market” and will no longer have to endure tedious posts about “longest bull market/most hated bull market/this bull market is long in the tooth”
by minimalistmarc
Wed Dec 26, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 563
Views: 63080

Re: U.S. stocks continue to soar!

veggivet wrote:
Wed Dec 26, 2018 2:53 pm
I posted in another thread polling on the lows for the S&P that I think we have another 10-12% on the downside...no rationale, just decades of investing experience.
If you haven’t yet learned that you cannot predict the market then I’m sorry to tell you your experience is worthless
by minimalistmarc
Wed Dec 26, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: Here’s how the stock market has fared after similarly brutal losses in a quarter
Replies: 12
Views: 3102

Re: Here’s how the stock market has fared after similarly brutal losses in a quarter

AlphaLess wrote:
Wed Dec 26, 2018 10:16 am
minimalistmarc wrote:
Wed Dec 26, 2018 4:42 am
AlphaLess wrote:
Wed Dec 26, 2018 12:17 am
DeadPoets wrote:
Tue Dec 25, 2018 11:57 pm
Damn, The GD was brutal.
Yup. It *WILL* happen again. Rest assured.
It won’t happen again.
What makes you think that?
It’s just common sense. America will never go through as bad a time as the Great Depression.
by minimalistmarc
Wed Dec 26, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: Now is the time to REJOICE!
Replies: 102
Views: 11733

Re: Now is the time to REJOICE!

May those who rejoice in situations which bring suffering and anxiety to countless others also live to see the day when they are on the other side of the situation and know that others rejoice while they suffer deep financial wounds. :sharebeer To be fair those rejoicing are enduring the same thing...
by minimalistmarc
Wed Dec 26, 2018 4:42 am
Forum: Investing - Theory, News & General
Topic: Here’s how the stock market has fared after similarly brutal losses in a quarter
Replies: 12
Views: 3102

Re: Here’s how the stock market has fared after similarly brutal losses in a quarter

AlphaLess wrote:
Wed Dec 26, 2018 12:17 am
DeadPoets wrote:
Tue Dec 25, 2018 11:57 pm
Damn, The GD was brutal.
Yup. It *WILL* happen again. Rest assured.
It won’t happen again.