Search found 387 matches

by minimalistmarc
Sat Jun 15, 2019 5:15 am
Forum: Personal Investments
Topic: PEMEX (Petróleos Mexicanos) Bonds --- investment grade --- nice yield
Replies: 9
Views: 847

Re: PEMEX (Petróleos Mexicanos) Bonds --- investment grade --- nice yield

In the U.K. I have an allocation to P2P for diversity and some awesome tax breaks. I recently put money into an SME loan backed by a first charge on an unencumbered residential property with an LTV of 13%. Amortising loan over 4 years , interest 16% APR. I’m not reaching for yield but this seemed li...
by minimalistmarc
Sat Jun 15, 2019 4:52 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 318
Views: 280300

Re: A time to EVALUATE your jitters

What was the disaster? Disaster is that you have to wait a year and a half with zero returns and negative inflation adjusted returns AND the possibility of more downturns to follow with the stupid media constantly preaching how we are still in the best bull market in history... it ISN'T the BEST bu...
by minimalistmarc
Sat Jun 15, 2019 1:01 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 318
Views: 280300

Re: A time to EVALUATE your jitters

stocknoob4111 wrote:
Sat Jun 15, 2019 12:58 am
2018 to date has been a disaster... I hope going forward we see some progress.
What was the disaster?
by minimalistmarc
Fri Jun 14, 2019 4:02 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 314
Views: 35798

Re: How Bad was 2008, really?

I wouldn’t have noticed 2008 if I hadn’t read the news. If you had a decent job it was fine.
by minimalistmarc
Thu Jun 06, 2019 12:25 am
Forum: Investing - Theory, News & General
Topic: Swedroe is far from a passive investor and I am beginning to agree
Replies: 62
Views: 5810

Re: Swedroe is far from a passive investor and I am beginning to agree

It sounds to me like you're already not comfortable with the level of risk your exposed to. As far as I can tell, it's well within "Boglehead principles" to take risk off the table. The problems come in when people believe that they're going to get back in after they've got out, and that there timi...
by minimalistmarc
Sun Jun 02, 2019 12:50 pm
Forum: Personal Investments
Topic: Do you regret taking a pay cut for quality of life?
Replies: 68
Views: 7357

Re: Do you regret taking a pay cut for quality of life?

U.K. based doctor. There are currently lots of tax traps that are hitting NHS doctors causing tax rates of 80% upwards. I haven’t done any additional work for over a year now, and no longer work Fridays. Actually I’m pretty happy about it, although find it sad to see the government eroding the NHS.
by minimalistmarc
Sat Jun 01, 2019 7:41 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77627

Re: That's enough for me in 2019

Is this what they mean by “dumb money”. Why does dumb money always have to justify itself with long drawn out conversations that pretend to be logical/evidenced but instead are purely speculative/opinion based? I wish I could be as "dumb" as Market Timer. I invest passively (for the most part) beca...
by minimalistmarc
Sat Jun 01, 2019 3:13 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77627

Re: That's enough for me in 2019

Is this what they mean by “dumb money”. Why does dumb money always have to justify itself with long drawn out conversations that pretend to be logical/evidenced but instead are purely speculative/opinion based? DOI: I used to be exactly like market timer. Most people are not fortunate enough to star...
by minimalistmarc
Wed May 22, 2019 3:06 am
Forum: Investing - Theory, News & General
Topic: Don't add currency risk on top of equity risk
Replies: 68
Views: 4775

Re: Don't add currency risk on top of equity risk

currency markets are extremely efficient.

My choice as a U.K. investor is to invest in unhedged all world ETF. Hedging adds costs usually.
by minimalistmarc
Sun May 19, 2019 5:15 am
Forum: Personal Investments
Topic: Using the Shiller P/E 10 to Predict Safe Withdrawal Rates?
Replies: 19
Views: 1691

Re: Using the Shiller P/E 10 to Predict Safe Withdrawal Rates?

A measure of past numbers does not mean returns are lower in the future. How could it predict that? Quick exploitation: https://en.m.wikipedia.org/wiki/Cyclically_adjusted_price-to-earnings_ratio I like the model. It is simple, mechanical, and does a decent job of predicting. There are better, but ...
by minimalistmarc
Fri May 17, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tithing
Replies: 14
Views: 1493

Re: Tithing

I never heard of this before. Crazy times lol
by minimalistmarc
Sun May 05, 2019 3:23 am
Forum: Personal Investments
Topic: Anyone Else Buying Xmas Sale in Equities?
Replies: 33
Views: 4655

Re: Anyone Else Buying Xmas Sale in Equities?

Was a truly great Dec 24, 2008 sale in equities. Now with S&P up to 2945 from 2351, re-balancing out of market. I'm usually fully vested but lucked out because a non equity investment matured in late december so I had 35k to put into the all world and pretty much got the bottom. Annoyingly, the mar...
by minimalistmarc
Fri May 03, 2019 5:16 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone down-shifted in their career?
Replies: 59
Views: 6834

Re: Has anyone down-shifted in their career?

In the U.K. NHS senior doctors are currently downshifting en masses due to tax changes which make us pay to work extra.

It’s destroying the health service.
by minimalistmarc
Thu May 02, 2019 3:20 am
Forum: Investing - Theory, News & General
Topic: Share Buybacks — Savior of the U.S. Equity Market?
Replies: 58
Views: 4160

Re: Share Buybacks — Savior of the U.S. Equity Market?

One thing I don’t understand. Let’s say a company has 1 billion in cash why would using that cash for a buy back boost the share price rather than leaving it in cash on account where it is already priced in? Assume the money is not paid as a dividend. Surely the reason to buy back your own shares is...
by minimalistmarc
Wed Apr 10, 2019 3:52 am
Forum: Non-US Investing
Topic: Bond fund options for UK investors
Replies: 10
Views: 701

Re: Bond fund options for UK investors

I need an ETF rather than a fund.

Why are the global bonds always hedged?

With equities I avoid hedging and would rather do the same with global bonds, unless there is a good reason to do it.
by minimalistmarc
Tue Apr 09, 2019 2:59 pm
Forum: Non-US Investing
Topic: Bond fund options for UK investors
Replies: 10
Views: 701

Re: Bond fund options for UK investors

Thanks.

I’ll probably start with using my wife and i’s premium bonds allowance.

Anybody know of a good total world bond etf?
by minimalistmarc
Tue Apr 09, 2019 3:45 am
Forum: Non-US Investing
Topic: Bond fund options for UK investors
Replies: 10
Views: 701

Re: Bond fund options for UK investors

Thanks for that answer. Is it not likely that a labour government is priced into the bond price? I though bond values were even more efficient than shares? I’m very lazy and it hurts my eyes to see more than 2 ETF holdings in my portfolio, so looking for the the best overall government bond ETF. I’m...
by minimalistmarc
Tue Apr 09, 2019 3:06 am
Forum: Non-US Investing
Topic: Bond fund options for UK investors
Replies: 10
Views: 701

Re: Bond fund options for UK investors

Hi Ted, what about VGOV as a stand-alone holding for the bond investment?
by minimalistmarc
Mon Apr 08, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 8644

Re: The "dividend preference anomaly"

Some have a viewpoint that selling shares is the same as receiving a dividend. My point is for that statement to be true the share price would need to increase to compensate for the change in the number of shares. Or the price of the dividend stock would need to decrease, which is exactly what happ...
by minimalistmarc
Thu Mar 21, 2019 1:52 am
Forum: United Arab Emirates
Topic: First time investor at 24 y.o. with $1.5m, based in the UAE.
Replies: 11
Views: 2379

Re: First time investor at 24 y.o. with $1.5m, based in the UAE.

Would be interested to hear more if your story as to how you arrived at this point in life if you are willing to share
by minimalistmarc
Tue Mar 12, 2019 1:13 pm
Forum: Personal Investments
Topic: Hussman predictions..
Replies: 6
Views: 729

Re: Hussman predictions..

He did well in 2008/2009 and has been calling for a mega crash every year since. He is a stopped clock and should be ignored.
by minimalistmarc
Sat Mar 02, 2019 11:07 am
Forum: Personal Consumer Issues
Topic: What do you do to relax just after returning from work
Replies: 80
Views: 12170

Re: What do you do to relax just after returning from work

Recently I’ve been doing a 15 minute kettlebell workout at home. In the summer I’ll go for a short bike ride most evenings.
by minimalistmarc
Tue Feb 26, 2019 2:13 am
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 8136

Re: How often do you and your friends change engine oil?

Synthetic oil 18k / annually for my Skoda Octavia vrs diesel
by minimalistmarc
Sun Feb 24, 2019 5:25 am
Forum: Non-US Investing
Topic: Inherited Portfolio with losses - when to transfer to indexing? UK investor
Replies: 13
Views: 1084

Re: Inherited Portfolio with losses - when to transfer to indexing? UK investor

This highlights another HUGE downside of having a complicated portfolio. It can be a huge pain in the bum for your family to unwind your estate.

So much easier to just hand them a huge slab of vanguard all world as part of an intelligently planned estate.
by minimalistmarc
Tue Feb 19, 2019 3:09 pm
Forum: Personal Investments
Topic: strategy to re-enter the market
Replies: 47
Views: 4205

Re: strategy to re-enter the market

Anyway, given such a long bull ride(10 years) happened only 70+ years ago, most are definitely nervous. Does it make sense park the money in a more liquid and relatively secure fund with highest possible return. Like MM funds. Then enter the market gradually during predicted downturn in next 1 or 2...
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: 136
Views: 7701

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: 1532

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: 63
Views: 4473

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: 115
Views: 13379

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: 2832

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: 5121

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: 5121

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: 843
Views: 84926

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: 3753

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: 12117

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: 114
Views: 8098

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: 1702

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: 1702

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: 4526

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: 1702

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: 1702

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: 1702

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: 1702

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: 11008
Views: 1918950

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 ...