Search found 433 matches

by kosomoto
Thu Nov 08, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: 426% return if there is a recession in 2019?
Replies: 23
Views: 4046

Re: 426% return if there is a recession in 2019?

Similar to sports betting, it is critical that the site can keep an equal amount of money on both sides of “the line”. If they get too much on one side or the other and that comes to pass, they will “take a bath” on that bet as they say in Vegas and will need to “cover” with money from outside of t...
by kosomoto
Thu Nov 08, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: 426% return if there is a recession in 2019?
Replies: 23
Views: 4046

Re: 426% return if there is a recession in 2019?

Similar to sports betting, it is critical that the site can keep an equal amount of money on both sides of “the line”. If they get too much on one side or the other and that comes to pass, they will “take a bath” on that bet as they say in Vegas and will need to “cover” with money from outside of t...
by kosomoto
Wed Nov 07, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: 426% return if there is a recession in 2019?
Replies: 23
Views: 4046

Re: 426% return if there is a recession in 2019?

Greenman72 wrote:
Wed Nov 07, 2018 5:56 pm
You could just invest in a triple-leveraged inverse ETF. Probably get the same thing.
I'm not sure you would, if the market falls 30% you'd only get 90% minus attrition.

Plus your downside is literally unlimited.
by kosomoto
Wed Nov 07, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: 426% return if there is a recession in 2019?
Replies: 23
Views: 4046

426% return if there is a recession in 2019?

For all you bears out there who have a fun money fund, I found something interesting. If you believe there will be a recession in 2019 you can make a 426% return (minus 5% upon withdrawal). PredictIt is a legal betting website run by a university. I have always followed this website since I find it ...
by kosomoto
Mon Oct 29, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Is the growing national debt a reason to diversify with international?
Replies: 33
Views: 3432

Re: Is the growing national debt a reason to diversify with international?

I used to wonder about this but I’m not sure if returns get impacted by the national debt of their country. They certainly don’t seem to. Germany has a huge budget surplus currently and is paying down the national debt but their companies have not been performing well from a return perspective.
by kosomoto
Thu Oct 25, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

It's just that comparing current price of VGTSX to the price in 2000 doesn't tell you much about compounded returns with dividends reinvested, which turns out to have been 91% which is not really "going nowhere" since 2000. Besides, it's misleading because VGTSX delivered similar returns to U.S. st...
by kosomoto
Tue Oct 23, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: 'Smart money' bailing on the market, time to get out?
Replies: 92
Views: 12374

Re: 'Smart money' bailing on the market, time to get out?

Lately, there has been a remarkable absence of threads asking Why Not 100% Stocks? But the last few weeks provide a definitive answer to this frequent question. If someone is scared off by the performance of the past couple weeks, I would question if they have the mindset to hold stocks at all, let...
by kosomoto
Tue Oct 23, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: VNQI (Global ex-US Real Estate) vs. VNQ (Real Estate)
Replies: 5
Views: 1009

Re: VNQI (Global ex-US Real Estate) vs. VNQ (Real Estate)

Only a single response in an entire week. Guess nobody is interested in International Real Estate. You will notice assets of VNQI are tiny by Vanguard standards. I looked into VNQI and I didn’t like it because it wasn’t just REITs, as somebody pointed out it’s diversified real estate companies whic...
by kosomoto
Fri Oct 19, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I have to chuckle at all this analysis. Total US is out-performing Intl because 12.7% of its assets are in: Apple, Microsoft, Amazon, Alphabet (Google), and Facebook. If those 5 continue their run, Total US will outperform Intl ... if they don't, it won't. This is false. US value funds have also dr...
by kosomoto
Fri Oct 19, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I have to chuckle at all this analysis. Total US is out-performing Intl because 12.7% of its assets are in: Apple, Microsoft, Amazon, Alphabet (Google), and Facebook. If those 5 continue their run, Total US will outperform Intl ... if they don't, it won't. This is false. US value funds have also dr...
by kosomoto
Mon Oct 01, 2018 7:27 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 15089

Re: Should we stay in Crazytown because there's no where to run?

CAPEtown is the Crazytown. It's filled with folks who think that something that happened ten years ago is a firm foundation for predicting the future. The mayor appears to be a guy with a fancy trophy who was never really "in the game." Crazy indeed!! :oops: I agree, earnings from 9 years ago aren’...
by kosomoto
Wed Sep 26, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: Is high inflation a good thing while working?
Replies: 40
Views: 2754

Is high inflation a good thing while working?

Hi all, Just wondering about inflation. From my simple (and perhaps flawed) math it seems that people who are working and save/invest money should want higher inflation. For example, let's look at a Boglehead who spends 50k a year and makes 150K pre tax, 100k after tax. If inflation is low, let's sa...
by kosomoto
Tue Aug 21, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Oversimplifying expected return on rental properties
Replies: 12
Views: 1182

Re: Oversimplifying expected return on rental properties

Two huge assumptions 1. Your rental income will equal the combined costs of the mortgage, property tax, maintenance, property manager (if any), and any other cost. In other words zero net cash flow. 2. The price of the property can be expected to keep up with inflation over the long term. With thos...
by kosomoto
Mon Aug 20, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 14180

Re: Remind me (again) how real estate isn't a GREAT investment?

I'll say one thing, you are a pretty good troll. I admire the way you shift the discussion while never answering specific questions. Well played! You move quickly to the absurd claim that it is easy for someone with a middle class income to get to FI (whatever that means to you) in five years or le...
by kosomoto
Mon Aug 20, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Here the telltale chart for international vs US: https://www.fidelity.com/bin-public/060_www_fidelity_com/images/Viewpoints/II/international_stock_update_chart2.jpg Bogle omits this one from his famous presentation "The Telltale Chart": https://www.vanguard.com/bogle_site/sp20020626.html And how ar...
by kosomoto
Mon Aug 20, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 14180

Re: Remind me (again) how real estate isn't a GREAT investment?

Here's a simple question for you: If a 60 year old withdraws $250K from a Roth IRA in one year, are you willing to admit that there would be no tax and no penalty on the withdrawal? 1) From what I have observed, this is the order of dollar amounts (highest to lowest) in the TYPICAL index fund portf...
by kosomoto
Mon Aug 20, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Remind me (again) how real estate isn't a GREAT investment?
Replies: 158
Views: 14180

Re: Remind me (again) how real estate isn't a GREAT investment?

Nope. The only way to avoid taxes and penalties with index funds is to decide to live a life of scarcity and poverty. I have read the same blogs and guides that you have. You fill in the 0-15% income brackets. Which is another way of saying, have less income and be less wealthy. See here: https://w...
by kosomoto
Wed Aug 15, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

As a person who barely squeaked through high school and was kicked out of college I look over our 29 year investing history and our experience simply has been: International Funds are riskier, more costly and have less return. They are as Un-Boglelike as can be and yet for some reason nobody actual...
by kosomoto
Tue Aug 14, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Also, you suggest that something "Fundamentally different is going on." Amen... that's another great concern of mine and that is one of the itches I am trying to scratch while reading through responses. I think there is real and valid reasons to question International Investing - Why we ever went d...
by kosomoto
Tue Aug 14, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Also, you suggest that something "Fundamentally different is going on." Amen... that's another great concern of mine and that is one of the itches I am trying to scratch while reading through responses. I think there is real and valid reasons to question International Investing - Why we ever went d...
by kosomoto
Tue Aug 14, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 8/13/2018, if you had invested $10,000 in both funds on 4/30/1996, you would currentl...
by kosomoto
Tue Aug 14, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Let's talk VGTSX. Straight from Vanguard's own website, growth rate, 4.84% compounded since inception, 4/29/1996. The year is 2018. 22 years. I've said it before and I'll say it again. That is too long a period for such a low growth rate. If you made the same case at 5 or even 10 years, I would not...
by kosomoto
Tue Aug 14, 2018 2:23 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Let's talk VGTSX. Straight from Vanguard's own website, growth rate, 4.84% compounded since inception, 4/29/1996. The year is 2018. 22 years. I've said it before and I'll say it again. That is too long a period for such a low growth rate. If you made the same case at 5 or even 10 years, I would not...
by kosomoto
Tue Aug 14, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Let's talk VGTSX. Straight from Vanguard's own website, growth rate, 4.84% compounded since inception, 4/29/1996. The year is 2018. 22 years. I've said it before and I'll say it again. That is too long a period for such a low growth rate. If you made the same case at 5 or even 10 years, I would not...
by kosomoto
Tue Aug 14, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

VEA Stats: Top holdings include: Nestle, Toyota, Shell, BP P/E TTM = 14.6 SEC Yield = 2.4% As a “valuation” guy, what’s not to like? P.S. Does anyone know of a place (similar to Shillers website for SP500) to find historical data on “International stocks”... Is it really a "value" if the PE for int...
by kosomoto
Tue Aug 14, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Bonds have been underperforming lately. Are you cutting back on those too? Perhaps you should consider buying only the top performing asset classes in the last 10 years and report back in 10 years how you did. +1 OP: How about buying Bitcoins? :twisted: I know you're being sarcastic, but all the pe...
by kosomoto
Tue Aug 14, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=2&startYear=2000&endYear=2009&initialAmount=2000000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&portfolio1=Custom&portfolio2=Custom&portfolio3=Custom&TotalSt...
by kosomoto
Tue Aug 14, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 107140

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 8/13/2018, if you had invested $10,000 in both funds on 4/30/1996, you would currentl...
by kosomoto
Wed Aug 01, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 24101

Re: 1800+ ETFs commission free today

This article from today says they are available today, weird.

https://www.cnbc.com/2018/08/01/vanguar ... sting.html
by kosomoto
Wed Aug 01, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 24101

1800+ ETFs commission free today

[merged this post and its replies into the existing thread - moderator prudent]

Vanguard is supposed to have 1800+ commission free ETFs starting today, where do I find a list of them?
by kosomoto
Wed Jul 25, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: Real estate investing - cons of investing in REITS vs physical house?
Replies: 17
Views: 807

Re: Real estate investing - cons of investing in REITS vs physical house?

You're probably going to have to be a market timer to get a rental house that cash flows after hiring a property management company. Ie you may have to wait for the market to turn. At that point though, it would be tempting to just buy equities which would also be on sale. Even with a management co...
by kosomoto
Wed Jul 25, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: Real estate investing - cons of investing in REITS vs physical house?
Replies: 17
Views: 807

Re: Real estate investing - cons of investing in REITS vs physical house?

Also REIT funds have 2 levels of fees versus a physical house. There is a fund fee for managing the fund of REITs and a fee for managing the underlying real estate by each REIT. This can add up. It is almost 4.5% for the low cost Vanguard REIT fund. Packer VGSLX has an expense ratio of 12 basis poi...
by kosomoto
Fri Jul 13, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 18062

Re: Direct Real Estate Returns

I recently bought my first investment property off Roofstock for 137k and it rents for 1250. Going to be many years before I can tell you the returns. It should at least have positive cash flow most years. Honestly I just wanted some long term debt as an inflation hedge.
by kosomoto
Mon Jun 11, 2018 7:51 pm
Forum: Investing - Theory, News & General
Topic: How to calculate Real Estate in your Asset Allocation
Replies: 20
Views: 2384

Re: How to calculate Real Estate in your Asset Allocation

For those who invest in real estate, how do you calculate it and integrate it with a bogleheads style asset allocation? Do you just count the cumulative amount of cash invested? Or do you approximate current real estate value of principle paid? I’m 100% equity and real estate. My 401k/IRA are all e...
by kosomoto
Fri Jun 08, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 Compromised - Committee Chooses to Break Their Own Rules
Replies: 5
Views: 1473

Re: S&P 500 Compromised - Committee Chooses to Break Their Own Rules

Is it really four consecutive quarters of earnings? I found this from a PDF about eligibility for S&P indexes: The sum of the most recent four consecutive quarters’ Generally Accepted Accounting Principles (GAAP) earnings (net income excluding discontinued operations) should be positive as should t...
by kosomoto
Fri Jun 08, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 Compromised - Committee Chooses to Break Their Own Rules
Replies: 5
Views: 1473

S&P 500 Compromised - Committee Chooses to Break Their Own Rules

Is nobody else upset that the S&P 500 broke their own rules and added Twitter? Twitter has not had four straight quarters of profitability which is a requirement for joining the index.

If something as commonly used as the S&P 500 doesn’t care about their own rules, why trust it?
by kosomoto
Fri May 18, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Are you concerned that over 75% of IPOs are unprofitable?
Replies: 8
Views: 983

Are you concerned that over 75% of IPOs are unprofitable?

The WSJ shows a graph of the percent of unprofitable companies doing IPOs, it hasn’t been this high since the dot com bubble. Do companies like Snapchat worry you about what you hold? I value old school profit and returning that profit to shareholders. I don’t like investing in the “possibility” of ...
by kosomoto
Wed May 09, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: ETF's vs. Mutual Funds in Market Panics
Replies: 21
Views: 2059

Re: ETF's vs. Mutual Funds in Market Panics

Most bogleheads don’t use stop losses so most bogleheads don’t care. If anything, flash crashes are an opportunity to make hundreds of thousands of dollars within a day, assuming you had cash lying around for a down payment of a house or something.
by kosomoto
Mon Apr 30, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 7929

Re: Larry Swedroe: Real Estate Isn’t Special

KyleAAA wrote:
Mon Apr 30, 2018 10:56 am
A nitpick: REITs are not real estate. Real Estate may very well be special, we don't know.
Also this. Real estate direct investments are extremely special in the fact that taxes are done way differently. They also provide leverage that cannot be subject to a margin call unlike stock leverage.
by kosomoto
Mon Apr 30, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Real Estate Isn’t Special
Replies: 49
Views: 7929

Re: Larry Swedroe: Real Estate Isn’t Special

REITs are inherently special because the underlying companies have tax advantages that ordinary companies do not. When combined with retirement accounts REITs are great.
by kosomoto
Fri Apr 13, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Why are expected returns so much lower than historical returns?
Replies: 158
Views: 12230

Re: Why are expected returns so much lower than historical returns?

The 'single greatest predictor of future stock market returns', the average investor allocation to equities , currently suggests that the next 10 years' returns will average 2.83%. I read the article looking for the 2.83% figure but couldn't find it. It says instead that the metric suggests a futur...
by kosomoto
Thu Apr 12, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Reasonable appreciation assumptions?
Replies: 4
Views: 357

Re: Reasonable appreciation assumptions?

Look up the Case-Shiller Housing Index. It has long term inflation appreciation of homes at between 0% to 1%. HCOL areas have broken this recently. Inflation as in nominal of 0-1? I took a look at the Shiller index and housing has outpaced inflation - which I would be more than okay with. http://ww...
by kosomoto
Thu Apr 12, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Reasonable appreciation assumptions?
Replies: 4
Views: 357

Reasonable appreciation assumptions?

Hi all, Thinking of buying a property in a decent area in California. Would it be reasonable to assume the property value will likely increase with inflation over the long run? I am not expecting anything more than 2-3% annually. Does historical housing data back up this assumption? From what I have...
by kosomoto
Wed Apr 04, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: How Scalabale is the 3/4 Fund portfolio?
Replies: 38
Views: 3445

Re: How Scalabale is the 3/4 Fund portfolio?

You could invest in private equity or alternatives too but I don’t see why it wouldn’t work. As long as the economy doesn’t collapse you should have a positive return over time.
by kosomoto
Wed Mar 21, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: [Federal Reserve hikes interest rate]
Replies: 34
Views: 4507

Re: Fed raises the fed rate, markets do not look efficient

There are people on this board who maintain the position that you can’t predict interest rates even though the Fed has explicitly stated it will be raising rates.

I don’t hold that position. Maybe the market does though?
by kosomoto
Fri Mar 16, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Bicycle Commuting in LA - Thoughts?
Replies: 100
Views: 6517

Re: Bicycle Commuting in LA - Thoughts?

I occasionally commute to work via skateboard when the traffic starts to bother me. I am also in California in a busy city. It’s a five mile commute each way so it takes about 30-40 minutes. The best part is that I can use the sidewalks rather than streets which means very little risk of being hit b...
by kosomoto
Fri Mar 16, 2018 11:02 am
Forum: Investing - Theory, News & General
Topic: What return assumptions to use?
Replies: 26
Views: 2511

Re: What return assumptions to use?

I use 3% real for equities and 1% real for fixed income. Based upon current inflation of around 2%, that would be 5% and 3% nominal respectively. I try to be conservative, but not overly so, in my planning. Yup, I use 3-4% real for equities. Anything lower than that pretty much collapses our financ...
by kosomoto
Thu Mar 15, 2018 6:44 pm
Forum: Investing - Theory, News & General
Topic: Lower fees than VXUS?
Replies: 7
Views: 1052

Re: Lower fees than VXUS?

It is not true, VWO has different exposure to China than the emerging markets component of VXUS. How is that, VWO I see 32.7% and VXUS 6.3% (so about 1/5th what is about right if Emergings is ~20%) It looks VXUS have fewer assets and I guess this is why the higher fees. I'm surprised it's so recomm...
by kosomoto
Thu Mar 15, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: How many people small value-tilt international?
Replies: 13
Views: 2086

Re: How many people small value-tilt international?

VSS has no value tilt I’m aware of.

DLS has a higher expense ratio but by all metrics has more value and smallness if those are the factors you want.
by kosomoto
Sun Mar 11, 2018 2:19 am
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 27547

Re: Why International again?

I appreciate your honesty and have no doubt your opinion is shared by many. This is also Exhibit A as to why its impossible to have a rational discussion on the % in non-US investments on this board. I think impossible is overstating it a bit. I prefer rational discussions and am interested to lear...