Search found 489 matches

by Tamalak
Tue Jul 10, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4730

Re: Asset Allocation for High Net Worth (>$3M) Individuals

Sandtrap wrote:
Mon Jul 09, 2018 4:53 pm
Outstanding write up on the 64/40 allocation by Bernstein.
http://web.archive.org/web/20061214061 ... in6040.pdf
This is my preferred asset allocation for its immediate 4% return :D
by Tamalak
Fri Jul 06, 2018 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: sell vti buy vnqi [sell Vanguard Total Stock, buy Global ex-U.S. Real Estate]
Replies: 6
Views: 526

Re: sell vti buy vnqi

Good for you for rebalancing per your IPS! Go ahead and be nervous about it. Embrace fear - it doesn't stop you from following a plan :sharebeer
by Tamalak
Thu Jul 05, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: What stocks are excluded from VG’s total international funds?
Replies: 6
Views: 686

Re: What stocks are excluded from VG’s total international funds?

Is that 98% by cap or 98% by number of stocks?

Because if it's by number of stocks that's like 99.99% of cap..

Either way I'm impressed. I thought it would be a much smaller number, strategically positioned to follow the index of all international stocks.
by Tamalak
Thu Jul 05, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Anyone tilting heavy to international based on current forecasts?
Replies: 38
Views: 4059

Re: Anyone tilting heavy to international based on current forecasts?

Nope. World cap and staying that way.

I see the movement of stocks as a random walk. Valuations are high for the USA because optimism is high for future returns. Who am I to say that the optimism is wrong?
by Tamalak
Thu Jul 05, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Keeping Portfolio at Global Market Cap
Replies: 8
Views: 806

Re: Keeping Portfolio at Global Market Cap

It would seem that new IPOs would also change the weight without changing the price. That is if there's a new IPO in the United States, that would increase the market cap of the USA Why do you think this would be the case? Because the market cap of the USA is the market cap of all the corporations ...
by Tamalak
Wed Jul 04, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping Portfolio at Global Market Cap
Replies: 8
Views: 806

Re: Keeping Portfolio at Global Market Cap

My question is in regards to how these two ETF's will compliment each other as global market caps change. It seems to me, if I started today (for simplicity) and put 56% of my investable funds in ITOT, and 44% in IXUS, and never invested anything else, these two funds with pretty much stay at the G...
by Tamalak
Mon Jul 02, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9673

Re: What’s your plan for a market downturn?

In good times: buy and hold

In bad times: cry and hold
by Tamalak
Mon Jul 02, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: International equities versus USA domestic
Replies: 6
Views: 503

Re: International equities versus USA domestic

Domestic-only is fine - for now. US and ex-US are highly correlated - for now. The USA is a large part of the world cap so you're getting a big chunk of it by investing US-only anyway - for now. But I don't know what the future will hold, and I don't wanna have to make hard choices if any of the abo...
by Tamalak
Mon Jul 02, 2018 8:55 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 352867

Re: What are you up YTD? [Year To Date]

What is this "up" you speak of
by Tamalak
Sun Jul 01, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8140

Re: What % of your equity is int’l?

World cap. ~48% and will follow world cap.
by Tamalak
Fri Jun 29, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4664

Re: Why is warren buffet okay with no owning any bonds?

Buffett doesn't believe in investing in anything that doesn't move with inflation, neither do I. This is kinda why I am also in 100% stocks. I think stocks are the best way to not just grow your capital but to preserve it. The risks and downsides of stocks are more dramatic than other types of secu...
by Tamalak
Fri Jun 29, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4664

Re: Why is warren buffet okay with no owning any bonds?

How is he okay with not owning any bonds at his age?
If Warren Buffett lost 99.99% of his net worth he'd be a multimillionaire.
by Tamalak
Thu Jun 28, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 5798

Re: Keep calm and Boglehead on!

Head down, plow ahead. The stock market always goes up. No guarantee for this. I think "keep calm and carry on" is great advice but calm should NOT be contingent on a certainty of a positive future. There isn't any such certainty. Stocks could go down for the next 50 years. Learn the skill of embra...
by Tamalak
Thu Jun 28, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11136

Re: Feel like I'm sinking money into international

How does everyone else just stick to their IPS with no questions asked? Do you ever re-evaluate? International has sucked indeed, I have half my money in it and have since I started investing. I stick to my IPS because the reasons I put half my money in international have not changed. I may rage at...
by Tamalak
Thu Jun 21, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Effect of Index funds on Market Efficiency
Replies: 19
Views: 1299

Re: Effect of Index funds on Market Efficiency

Specifically, should we be worried that there are insufficient investors doing the necessary research and thinking to keep markets efficient. After all, I recall that one of the assumptions of index fund investments is efficient market hypothesis, all information is priced into the market... But if...
by Tamalak
Thu Jun 21, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 68
Views: 5220

Re: "Never time the market" vs. lump sum investment

If it were a good idea to wait for a market crash before investing, then it would be a good idea to sell CURRENT investments and wait for a market crash before re-investing. We 'buy' our portfolios every day by keeping them invested. If the market drops 20%, you lose 20%. It doesn't matter whether y...
by Tamalak
Thu Jun 21, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 33732

Re: What is/ was your career and would you recommend it now?

IT. About half my days are stressful, facing problems/puzzles that seem inscrutable. The other half are very relaxing. I lack intellectual curiosity for my chosen profession, which has held me back. Even given that shortcoming, the pay and benefits are VERY worth it IMO. I am happy I chose the path ...
by Tamalak
Wed Jun 20, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Can I break the tape in 5 years?????
Replies: 27
Views: 3476

Re: Can I break the tape in 5 years?????

The "4% Rule" is a very convenient metric that allows one to anticipate a secure retirement if they have 25x expenses in their portfolio. The Trinity study looked at withdrawal periods of up to 30 years. It did not examine what initial withdrawal rate is safe with a 40 year horizon. Yes but most po...
by Tamalak
Wed Jun 20, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: New Ponzi scheme fiy
Replies: 5
Views: 2091

Re: New Ponzi scheme fiy

drawpoker wrote:
Tue Jun 19, 2018 8:38 pm
Sorry. Can't work up much sympathy for the victims here.
Yep. Bulls make money, bears make money, pigs get slaughtered.
by Tamalak
Wed Jun 20, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Can I break the tape in 5 years?????
Replies: 27
Views: 3476

Re: Can I break the tape in 5 years?????

OP, the "standard" withdrawal rate is 4% per year. 4% has over a 90% success rate if you make it rigid (i.e. withdraw the same inflation-adjusted amount every year come hell or high water) and a 100% success rate if you make it flexible (i.e. withdraw 4% of your current portfolio, even if the value ...
by Tamalak
Tue Jun 19, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 213
Views: 38906

Re: What's your U.S. : International ratio?

90% US 10% int International just drags a VTSAX portfolio down Boy it sure does, especially recently. I don't like calculating where I'd be if I had gone all US instead of world cap. Not even tempted to change it, though. Stay the course :mrgreen: If you actually do calculate it, you might be tempt...
by Tamalak
Tue Jun 19, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 213
Views: 38906

Re: What's your U.S. : International ratio?

Actin wrote:
Sun Jun 17, 2018 9:02 am
90% US 10% int

International just drags a VTSAX portfolio down
Boy it sure does, especially recently. I don't like calculating where I'd be if I had gone all US instead of world cap.

Not even tempted to change it, though. Stay the course :mrgreen:
by Tamalak
Tue Jun 19, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: International Market Volatility? (Foreign stocks in freefall?)
Replies: 12
Views: 1621

Re: International Market Volatility?

Yes, it is, at least from the perspective of USD. The stocks themselves are volatile, and then you have currency volatility on TOP of that.
by Tamalak
Tue Jun 19, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6743
Views: 1465694

Re: U.S. stocks in freefall

heyeaglefn wrote:
Tue Jun 19, 2018 10:04 am
I someday hope to live in a world where this thread isn't bumped every time the market is down.
Yeah.. in the past it only got bumped when we had REAL plunges. Then 2017 was so gentle I think it lowered the bar for what's considered 'freefall'. February counted. Otherwise, just turbulence.
by Tamalak
Thu Jun 14, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Schwab's market predictions next 10 years
Replies: 20
Views: 2809

Re: Schwab's market predictions next 10 years

We like to repeat the mantra "nobody knows nothing" but is it such a reach to expect stocks to return less going forward? Systemic risk seems to have gone down, so people are more comfortable being more aggressive in stocks, driving their prices up. Saying future stocks will return less than past st...
by Tamalak
Thu Jun 14, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 60
Views: 8302

Re: 47 and clueless - direction needed

It is unbelievable that this crap is legal.
by Tamalak
Wed Jun 13, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: When everyone invests passively...
Replies: 10
Views: 1861

Re: When everyone invests passively...

there's more buying than selling!
Wrong. There's never more buying than selling. There is exactly as much buying as selling.

I'll pass on reading an article with such an obvious error. Back to the drawing board with them.
by Tamalak
Wed Jun 13, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 7462

Re: Boring Job

I can't stand it when people complain about being showered with money for doing nothing. I thought that was the definition of paradise lmao
by Tamalak
Fri Jun 08, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: Death - Prediction
Replies: 63
Views: 4012

Re: Death - Prediction

I don't intend to die at all. I think any plan, retirement or otherwise, that necessitates my death is insanity.

sens.org

We are made of stuff. Stuff can be fixed.
by Tamalak
Wed Jun 06, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: F.O.B.O.: Fear of Better Options (NYTimes)
Replies: 4
Views: 1172

Re: F.O.B.O.: Fear of Better Options (NYTimes)

Fortunately my FOWO is greater than my FOBO, so I'm fine with a world cap index fund
by Tamalak
Wed Jun 06, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: FOMO (Fear Of Missing Out) and your portfolio?
Replies: 23
Views: 2430

Re: FOMO (Fear Of Missing Out) and your portfolio?

Yep, it's real, part of the reason I'm 100% stocks is because my fear of missing out is greater than my fear of losing money.
by Tamalak
Mon Jun 04, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3413

Re: Is it fine to have 100% of portfolio in VTSAX

Seems fine to me, except it's all U.S. stocks. That's okay NOW because U.S. is 50% of world cap and very correlated with international stocks. But if that changes, and U.S. shrinks to 20% of world cap - which could easily happen in the many decades the OP has in his horizon - that would be a little ...
by Tamalak
Mon May 14, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: How do stock buybacks work, and how do index funds handle them?
Replies: 17
Views: 1931

Re: How do stock buybacks work, and how do index funds handle them?

A float-adjusted stock index fund would track the index. Rebalancing is not needed if only capitalization of holdings change, but if the index provider adjusts the free float of a stock, whether due to buybacks or just “private” shares being added to or removed from the tradable universe, then a fu...
by Tamalak
Mon May 14, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: How do stock buybacks work, and how do index funds handle them?
Replies: 17
Views: 1931

Re: How do stock buybacks work, and how do index funds handle them?

Corporation B, instead of a dividend, does a stock buyback of half their shares. Since the buybacks are done on the active market, none of the shares Vanguard owns are bought back. This action reduces Corp B's market cap to $500m, but each share is now worth double the percentage of the company tha...
by Tamalak
Mon May 14, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: How do stock buybacks work, and how do index funds handle them?
Replies: 17
Views: 1931

How do stock buybacks work, and how do index funds handle them?

Say there are only two corporations in the world, A and B. Each have a market cap of 1 billion. Vanguard's total stock fund owns 10% of each, 100 million. Vanguard's goal is to continue to own an equal percentage of each company, since correct indexing is done by capitalization. Corporation A puts o...
by Tamalak
Mon May 14, 2018 9:51 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 12915

Re: The front page is ugly

I am completely baffled by the consensus of "omg no don't load it down with ads and slow to load content". Are the pretty-looking sub-forum pages of bogleheads slow to load and full of ads? No? Then where did this nonsense idea come from? All the OP is asking for is for the front page to be consiste...
by Tamalak
Mon May 14, 2018 7:28 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 12915

Re: The front page is ugly

Agree with the OP. I like the frontpage just fine and use it often but it actually looks bugged, like the .css couldn't load.
by Tamalak
Thu May 10, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Why are stock returns expected to be so low over the next decade?
Replies: 27
Views: 4780

Re: Why are stock returns expected to be so low over the next decade?

Two reasons of my own to add to the chorus of "low growth high valuations": 1) Survivorship bias. Everyone talks about expected returns in terms of USA stocks. Why USA stocks? Because the USA has had the most stable, successful and profitable stock returns of anywhere in the world for the last 100-2...
by Tamalak
Wed May 09, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: 100% equity folks- holding any cash/bonds now?
Replies: 50
Views: 5119

Re: 100% equity folks- holding any cash/bonds now?

I'm one of those 100% equity folks.

To answer your question, I'm 100% equity.

Glad I could help :beer
by Tamalak
Fri May 04, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 4061

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

If you lump sum and the market drops 10%, you've lost 10%. If you've been invested for decades and the market drops 10%, you've lost 10%. The loss is the same. The second doesn't FEEL as bad, but it is. Its not the same loss. If you were invested for decades your average price could be lower than t...
by Tamalak
Fri May 04, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account
Replies: 52
Views: 5432

Re: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account

If you have two accounts with 1 million dollars each in them, and the market goes up 10%, you've made $200,000

If you instead have one account with 2 million dollars in it, and the market goes up 10%, you've made $200,000
by Tamalak
Fri May 04, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 4061

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

If you lump sum and the market drops 10%, you've lost 10%. If you've been invested for decades and the market drops 10%, you've lost 10%. The loss is the same. The second doesn't FEEL as bad, but it is. Lump sum. Jump in the pool. Scream if you need to. You'll be fully immersed eventually anyway, so...
by Tamalak
Wed May 02, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 33130

Re: Those with high savings rate: why?

2Birds1Stone wrote:
Tue May 01, 2018 8:18 pm
I''ll be able to retire @ 35 years old, after a 13 year career.
Real nice. It'll take me till 40. Congratulations in advance! :sharebeer
by Tamalak
Wed May 02, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: What are the questions you would ask a Financial Advisor ?
Replies: 59
Views: 4333

Re: What are the questions you would ask a Financial Advisor ?

I would ask:

"What am I doing here?"
"What do you want?"
"If you let me go I won't call the police"

Because there is no way I would end up in a financial "advisor"'s office unless I was kidnapped.
by Tamalak
Thu Apr 26, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: Financial Freedom
Replies: 22
Views: 2989

Re: Financial Freedom

My strategy: 1) Save half your after tax income 2) Invest it all in VT 3) Retire with an adjustable 4% withdraw rate (adjustable meaning 4% of current portfolio value, not starting value) after hopefully 15ish years. Keep it all in VT. 4) If you get a 50% crash, reduce your budget and work at McDon...
by Tamalak
Thu Apr 26, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Financial Freedom
Replies: 22
Views: 2989

Re: Financial Freedom

My strategy: 1) Save half your after tax income 2) Invest it all in VT 3) Retire with an adjustable 4% withdraw rate (adjustable meaning 4% of current portfolio value, not starting value) after hopefully 15ish years. Keep it all in VT. 4) If you get a 50% crash, reduce your budget and work at McDona...
by Tamalak
Tue Apr 24, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1444
Views: 611469

Re: A different approach to asset allocation

This thread has been thrown out as a cautionary tale against leverage. The plural of anecdote is ... Yeah, I don't see it as a cautionary tale against leverage. There's a saying that "everyone is a genius in a bull market" - the obvious corollary is that everyone is a fool in a bear market. The ris...
by Tamalak
Mon Apr 23, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: Floating Net Worth w/ VT after 5 Years
Replies: 52
Views: 7292

Re: Floating Net Worth w/ VT after 5 Years

I wish Vanguard would open up an Admiral Shares class for Total World. That would make getting 100% on board an easier decision. Does anyone know why total world has less stocks than if you combine total us and total international? This, and the expense ratio difference is why I'm not actually in V...
by Tamalak
Mon Apr 23, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Floating Net Worth w/ VT after 5 Years
Replies: 52
Views: 7292

Re: Floating Net Worth w/ VT after 5 Years

Yep. 100% of my net worth is in VT other than a few thousand in cash for expenses management. That's the way it's been for years and that's how it's gonna stay. No regrets. Rebalancing, what's that?
by Tamalak
Fri Apr 20, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Index Funds Return Above Average
Replies: 11
Views: 942

Re: Index Funds Return Above Average

Active returns are baseline market returns minus fees and transaction costs.

Passive returns are baseline market returns minus fees, transaction costs and bid/ask spread

Should passive become overwhelmingly popular that last one is going to get big. Right now it's trivial.