Search found 92 matches

by Kaktus
Sat Oct 17, 2020 1:26 am
Forum: Investing - Theory, News & General
Topic: The Wrong Way to Think About Debt - The White Coat Investor
Replies: 170
Views: 20798

Re: The Wrong Way to Think About Debt - The White Coat Investor

It is a big issue for sure; Should I spend now or in 20 years. Personally I dont think that article hits home. I dont expect anyone who is not already super frugal to read it and shout to his family "right!, no skiing until the motgage is paid of in 30 years!" Besides not bery realistic it is not th...
by Kaktus
Thu Oct 08, 2020 12:14 am
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 186
Views: 20157

Re: How long after starting investing, did you start to be happy about the power of compounding?

A couple of years ago I realized my first stock fund had doubled on its own. That was my lightbulb moment. I opened that account as a locked in retirement fund, and after some three years I stopped contributing as the tax rules changed here in Sweden and So it wasnt favourable anymore. I just left i...
by Kaktus
Wed Oct 07, 2020 1:49 am
Forum: Investing - Theory, News & General
Topic: Dying Broke (On Purpose) Article
Replies: 138
Views: 10909

Re: Dying Broke (On Purpose) Article

You may find this article about Chuck Feeney interesting. https://www.forbes.com/sites/stevenbertoni/2020/09/15/exclusive-the-billionaire-who-wanted-to-die-brokeis-now-officially-broke/#32efff693a2a Thanks for the link. I found it interesting. What a generous man..... Chuck Feeney is a mensch I fig...
by Kaktus
Thu Oct 01, 2020 1:18 pm
Forum: Investing - Theory, News & General
Topic: What do Bogleheads think of what happen to Japan?
Replies: 66
Views: 5579

Re: What do Bogleheads think of what happen to Japan?

People in Japan were mainly hit by the real estate crash, not so much the stock crash. Many people moved to the metropolitan areas to get jobs in the 70s and 80s. Many bought at very high prices and those loans have not been inflated away. In 1991 the banks had about 1 trillion USD in bad debt. GDP ...
by Kaktus
Sat Sep 26, 2020 3:07 pm
Forum: Personal Investments
Topic: Asset Allocation at age 61
Replies: 61
Views: 6997

Re: Asset Allocation at age 61

If I suddenly took over a portfolio like that I think I would start to move out of the funds with highish fees and into the Vanguard Total market. To get my feet wet.:) But I dont know about the tax issues. One way to slowly lower you stock percentage, you seem set on this, is to take out the divide...
by Kaktus
Fri Sep 25, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: Why does the stock market go up in the long term?
Replies: 66
Views: 6472

Re: Why does the stock market go up in the long term?

I do believe there is a push towards increased productivity. Anecdote 1: Head of administration in the university I work for said "I estimate we get about ten percent more efficient per year" , talking about the output of the university admin. Anecdote 2: An engineer at Saab said: The amount of work...
by Kaktus
Tue Sep 22, 2020 12:33 am
Forum: Investing - Theory, News & General
Topic: For those concerned about International Stocks...
Replies: 168
Views: 15852

Re: For those concerned about International Stocks...

Another take on "What did Bogle say?": When people wanted to bring in the question of allocation between markets Mr. Bogle often started to suddenly sound impatient. My take is that in a really long perspective, it doesnt matter. It turns into mainly a question of political risk, and Jack simply lik...
by Kaktus
Sat Sep 12, 2020 1:11 am
Forum: Investing - Theory, News & General
Topic: Index Funds - Dangerous?
Replies: 46
Views: 3839

Re: Index Funds - Dangerous?

"He also mentioned that out of the top 5 companies in the sp 500 in 2009, only Microsoft right now is still there, the rest have declined."

And that is the best argument for sticking to indexfunds since they have a way of handling that.
by Kaktus
Mon Sep 07, 2020 1:15 am
Forum: Investing - Theory, News & General
Topic: In accumulation phase, should you ever need more than 10% fixed income?
Replies: 27
Views: 2413

Re: In accumulation phase, should you ever need more than 10% fixed income?

I think as Ferdinand2014. I look to the amount of Cash and bonds as a stash or bucket to take us through a stretch of unemployment or illness. I dont see any forcing argument to keep it a certain percentage. I hope Mr Bogle would be OK with that. I also think many tend to underestimate the time hori...
by Kaktus
Sun Aug 30, 2020 1:09 am
Forum: Personal Finance (Not Investing)
Topic: At what point can you afford a 2nd home?
Replies: 46
Views: 3937

Re: At what point can you afford a 2nd home?

To me the financial question with your strong position already at 40 is mainly the stayin power of your income, mainly your skills' " attractiveness" in the market. My reflection is similar to the ones who thought mainly on the time a house demands of you for maintenance in relation to the pleasure ...
by Kaktus
Mon Aug 24, 2020 11:20 pm
Forum: Personal Investments
Topic: Suggestions for 100x moonshots
Replies: 86
Views: 11987

Re: Suggestions for 100x moonshots

What about searching out Biotech companies that have a product that has reached phase II?
by Kaktus
Sun Aug 23, 2020 1:44 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229404

Re: Small Cap Value heads Rejoice !!!

MotoTrojan, So you hope that the QVAL's "quantitaive picking" out of midcap will carry a penalty of .5% compared to total US long term?
by Kaktus
Sun Aug 23, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229404

Re: Small Cap Value heads Rejoice !!!

I am curious to hear what you who follow the different indexes think about the possible probable differences for return on "small cap" versus "large cap" could be over say twenty years IF it turned out to be a good run for small cap. I mean what ball-park figures do you use? To give some local colo...
by Kaktus
Sun Aug 23, 2020 6:01 am
Forum: Investing - Theory, News & General
Topic: Think no one can beat the index?
Replies: 158
Views: 15415

Re: Think no one can beat the index?

You could ask him if he is better as active investor than Buffet & Munger and their team. If not it would be better to buy Berkshire.
by Kaktus
Sun Aug 23, 2020 5:39 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229404

Re: Small Cap Value heads Rejoice !!!

I am curious to hear what you who follow the different indexes think about the possible probable differences for return on "small cap" versus "large cap" could be over say twenty years IF it turned out to be a good run for small cap. I mean what ball-park figures do you use? To give some local colou...
by Kaktus
Sun Jul 12, 2020 3:09 pm
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8732

Re: Gold as Part of a Portfolio?

Maverick 3320 wrote:
Well, we could look at countries that have more "progressive" government policies than the US - policies that cost resources and generally result in government debt,
Most would say the US gov debt to GDP ratio is quite high, no?
by Kaktus
Sun Jul 12, 2020 2:53 pm
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8732

Re: Gold as Part of a Portfolio?

Azanon wrote: Pretty much any “investment” other than inflation-protected treasuries is varying degrees of speculation or “risk(y)”, especially if one’s talking a 15-yr holding period. Afaik, thats the only way to get a guarantee. I supose you think that I mean that stocks are something to avoid sin...
by Kaktus
Sun Jul 12, 2020 5:31 am
Forum: Investing - Theory, News & General
Topic: Gold as Part of a Portfolio?
Replies: 161
Views: 8732

Re: Gold as Part of a Portfolio?

for people trying to 'time' gold's movements by purchasing it on an upward bounce, with the hopes of selling before it drops. That's not investing. It's speculating. Good point. Thats a major difference. Accepting that, buying a stock today expecting to sell it in 15 years when I retire at a higher...
by Kaktus
Sun Jul 12, 2020 1:20 am
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 457
Views: 27099

Re: 4% rule - confidence poll

I am curious what people think the SWR is, when they see the 4% rule of thumb as too optimistic?
3.5% and 3% has been mentioned. But if backtesting the financial asset markets back to 1920s is not enough, perhaps you recommend 2% or 1% or 0.5%?
by Kaktus
Fri Aug 30, 2019 2:23 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 58
Views: 7453

Re: Should I invest 100k into a total index or do it slowly

"DCAing is purely an emotional thing"
So where to stop? Why not borrow all you can and buy stocks for it immediately?
by Kaktus
Fri Aug 30, 2019 12:20 am
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 58
Views: 7453

Re: Should I invest 100k into a total index or do it slowly

There are so many variables to this. Difficult to cover it all. i think these have not been mentioned: 1 Your age (or rather the time horizon for your investments) 2 The size of your stash (in relation to your obligations) 3 When do you want to measure the outcome, I mean at what point in time shoul...
by Kaktus
Sat Aug 24, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Do you sacrifice to save?
Replies: 97
Views: 9278

Re: Do you sacrifice to save?

Z3r...: in the past 13 years this has amounted to about 280 days of my life on a train to save easily $200,000 in housing costs... If this was in reply to my posting: I live in Stockholm. I think the cultural geographies are different here in Scandinavia compared to most of the US? Here it is posh t...
by Kaktus
Sat Aug 24, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you sacrifice to save?
Replies: 97
Views: 9278

Re: Do you sacrifice to save?

"I am one of them."

If you see happiness as 1 or 0 and that you are the unobjectionable judge there is not much to discuss.
by Kaktus
Sat Aug 24, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Do you sacrifice to save?
Replies: 97
Views: 9278

Re: Do you sacrifice to save?

I struggle with my savings rate and gets irritated of people that say they see no problem at all since they have all they need, they appreciate the small things, happiness can not be baught, yada yada. To me that actually is just bad imagination. Having said that I realize we are happier now when we...
by Kaktus
Sun Jul 28, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Simplicity
Replies: 110
Views: 16847

Re: Simplicity ["The Minimalists” Movie on Netflix]

I liked the movie a lot. That it is poosible to feel more focused and on top of things (!) by cutting down on your consumption. My main take away though was how the massive marketing around us affects our wants and thoughts. Nothing new with that obviously but well updated for todays society, for ex...
by Kaktus
Tue Jul 02, 2019 2:12 am
Forum: Personal Investments
Topic: Investing a windfall when the market is at “an all-time high?”
Replies: 33
Views: 4527

Re: Investing a windfall when the market is at “an all-time high?”

"Moral of the story is don t time the market, but do consider if the windfall changes your IPS and bond allocation, either due to earlier retirement or being more conservative because you're closer to winning the game." Well put! Exactly my thinking. That is the first question; Does the windfall cha...
by Kaktus
Mon Jun 17, 2019 5:45 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 58
Views: 7453

Re: Should I invest 100k into a total index or do it slowly

similar situation. We are putting money from a home sale into the stock market. We took 30% and put into index funds immediately. The rest we divide over eleven months. If we were affluent I suppose we wouldnt have bothered and have gone all in.
by Kaktus
Thu Feb 21, 2019 1:47 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 741
Views: 108898

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Alohajoe, very good, you forgot the reference by Aristoteles to the options market. But otherwise nice googling. Ddont get your knickers in a twist and try to develop new thoughts instead. Todays stock markets available to the average alohaJoe developed around the previous turn of the century. Say I...
by Kaktus
Thu Feb 21, 2019 7:48 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 741
Views: 108898

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Sorry, I cant follow. To me owning stocks and owning gold are different.
by Kaktus
Thu Feb 21, 2019 12:56 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 741
Views: 108898

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I am very surprised to see the sentiment to accumulate extreme amounts in stock in order to feel safe, for example "50x living expenses in bonds and stocks". That thinking seems to dismiss the relevance of bonds and stocks. Which makes sensein a way when you think about them as just two markets. The...
by Kaktus
Tue Feb 19, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Bucket strategy fails according to study
Replies: 17
Views: 3437

Re: Bucket strategy fails according to study

"Apparently not"

Darn. Thought I had finally understood the difference.
by Kaktus
Tue Feb 19, 2019 3:04 am
Forum: Non-US Investing
Topic: Portfolio allocation - Is it worth to invest in bonds? [EU - Germany]
Replies: 12
Views: 1837

Re: Portfolio allocation - Is it worth to invest in bonds? [EU - Germany]

The low yield on bonds is really a turn off. I have paid of debt instead. Soon that will be over. Perhaps I will go with bank accounts and bonds in companies?
by Kaktus
Tue Feb 19, 2019 2:54 am
Forum: Investing - Theory, News & General
Topic: Bucket strategy fails according to study
Replies: 17
Views: 3437

Re: Bucket strategy fails according to study

So "bucketing" means that one do not rebalance?
by Kaktus
Mon Feb 18, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: Two-Fund & Three-Fund Not Diversified Enough for Large Investments?
Replies: 26
Views: 3584

Re: Two-Fund & Three-Fund Not Diversified Enough for Large Investments?

Of course, but with that much it is rational to go to Zurich to open an anonymous account, then continue to Chile or wherever to by some land and so on. That is not very doable with a weeny six figure stock fund.
by Kaktus
Mon Feb 18, 2019 5:57 am
Forum: Investing - Theory, News & General
Topic: Two-Fund & Three-Fund Not Diversified Enough for Large Investments?
Replies: 26
Views: 3584

Re: Two-Fund & Three-Fund Not Diversified Enough for Large Investments?

I agree, in a way. At 20million USD it is no longer enough to cover all global stocks and global bonds with one account in one country. As someone said on AA and safe withdrawal rat: Even if you had 1 billion in bonds, in the Weimar republic your wealth would have gone to zero. At 20mill USD it is t...
by Kaktus
Sun Feb 17, 2019 11:54 am
Forum: Non-US Investing
Topic: Portfolio Questions from Europe
Replies: 3
Views: 415

Re: Portfolio Questions from Europe

Hi again, I simply meant cash so that you will always be able to cover necessary costs even with no money coming in for extended time. For example if you get ill. The tricky thing is for how long time is needed. I prefer to have some of it secret. To my mind it is early to think about speeding up mo...
by Kaktus
Sun Feb 17, 2019 9:31 am
Forum: Non-US Investing
Topic: Portfolio Questions from Europe
Replies: 3
Views: 415

Re: Portfolio Questions from Europe

Hi Taco, you seem to be doing great. very nice to see. For what its worth, I would probably work on my "secret stash" that is my cash buffer that is out of reach for the bank and not on the mortgage. Self employed people need generally more reserves than employed people. I dont know your branch and ...
by Kaktus
Sun Feb 17, 2019 9:10 am
Forum: Non-US Investing
Topic: Nordic tilt with zero-ER funds
Replies: 12
Views: 1240

Re: Nordic tilt with zero-ER funds

I use these funds exactly to lower my total fees. I see it as a way to follow the large cap indexes in those countries. One should know they have quite few companies each. The Norwegian fund for example has 80% of the money in only ten companies (25 compnaies in total). It seems the countries are no...
by Kaktus
Mon Feb 11, 2019 10:47 am
Forum: Personal Investments
Topic: How to Begin with 1M
Replies: 150
Views: 24013

Re: How to Begin with 1M

Hello TylerLearning, Sorry to hear you seem so frustrated still. It seems you are getting so much bits and pieces of suggestions it gets confusing. I shouldn add to that. Absolutely most people in your situation will end upp with a mix of equity funds (stocks), bond funds (or CDs, which option matte...
by Kaktus
Wed Feb 06, 2019 12:40 am
Forum: Non-US Investing
Topic: Switching from Actively Managed Funds to Passively Managed Funds [Italy]
Replies: 9
Views: 691

Re: Switching from Actively Managed Funds to Passively Managed Funds [Italy]

Good you have found out the true costs. They can be terrible.

My home market funds here in Sweden lost som 5%. So I mean I dont think 10 was that bad.
by Kaktus
Tue Feb 05, 2019 2:02 pm
Forum: Personal Investments
Topic: Making a 3.8 million deposit
Replies: 96
Views: 11633

Re: Making a 3.8 million deposit

"Let me give you an alternate approach: if you are planning on opening an account with Vanguard anyway, send the money to them and just leave it in the money market." Think that is what I would do. To begin with at least. I would also invest say 250k through some other bank as backup. + 20k in preci...
by Kaktus
Mon Feb 04, 2019 12:54 am
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10345

Re: How much money does one need to setup a private S&P 500 fund?

"The article is behind a paywall, so I can't read it." Sorry for that. A number of articles per week seems available for me without beeing a customer. Perhaps we shouldn't put all funds together. Obviously the fund managers for active funds with high fees generally have an incentive to grow their fu...
by Kaktus
Mon Feb 04, 2019 12:35 am
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10345

Re: How much money does one need to setup a private S&P 500 fund?

"You run a European fund in the US and you have a net outflow. "

Or a third option, that you sell a week later?
by Kaktus
Sun Feb 03, 2019 2:57 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10345

Re: How much money does one need to setup a private S&P 500 fund?

"Exexcpt that, in the US, the fund manager does not see a penny of that" What I should perhaps have written is "the bank"? Bank X can start a fund with very low or zero yearly fee, but instead make money by the commissions and exchange. Is that somehow forbidden in the US? See fo example the Financi...
by Kaktus
Sun Feb 03, 2019 2:37 pm
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10345

Re: How much money does one need to setup a private S&P 500 fund?

"That falls under the concept of don’t own stock of the company you work for as it is increasing your risk—if the company is doing poorly you might get laid off and the stock might tank."

Thanks, I see. Apple stands now for 3% of SP 500.
by Kaktus
Sun Feb 03, 2019 1:31 am
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10345

Re: How much money does one need to setup a private S&P 500 fund?

Thanks for alot of input. "Why would a fund manager have an incitement to buy and sell?" Because the transactions gives him revenues through the commission. I suppose that is the main idea with ETFs? That is to trigger people to buy and sell frequently since it is so convenient? I believe the resear...
by Kaktus
Fri Feb 01, 2019 3:56 am
Forum: Investing - Theory, News & General
Topic: An emergency fund cautionary tale
Replies: 89
Views: 12270

Re: An emergency fund cautionary tale

"The smart ones learn from experiences like bank closures "

Yes! Banks cannot be trusted to stay solid. I dont expect to loose my principal, but it can be an emergency to not be able to access your money for a month or two.
by Kaktus
Fri Feb 01, 2019 2:05 am
Forum: Investing - Theory, News & General
Topic: How much money does one need to setup a private S&P 500 fund?
Replies: 114
Views: 10345

Re: How much money does one need to setup a private S&P 500 fund?

" In America there is heavy regulation around this - the mutual fund must trade solely for the benefit of their clients - i.e. the fund." Thanks, thats a good answer. The transparency in Europe of the finance industry too low. You can see that even Vanguard showed up on that list. Still,generally fu...