Search found 318 matches

by Beensabu
Tue Aug 25, 2020 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 139
Views: 16589

Re: Landlords: How are you doing this year?

I would think it's more tied to the $600 federal corona unemployment supplement. $600 * 4.3 = $2.6K. That's a lot on top of unemployment insurance. That's $31,200/year. I don't know anyone in this country who defines that as "a lot". Enough to get by? Sure. It's what someone who makes $15/hr grosse...
by Beensabu
Sun Aug 23, 2020 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 139
Views: 16589

Re: Landlords: How are you doing this year?

But you would expect the doom to come before, right? As long as there is no eviction, there will be non-payment by some. I was wrong :oops: It's been extended through September 30th. https://www.gov.ca.gov/wp-content/uploads/2020/06/6.30.20-EO-N-71-20.pdf There's plenty of doom to go around. It loo...
by Beensabu
Wed Jul 29, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: I'm not getting why all the love for gold. here's why.
Replies: 87
Views: 4603

Re: I'm not getting why all the love for gold. here's why.

So with the news showing people (some, not all) are ga ga for Gold, I started asking myself why? ... Why should I buy Gold again? It has nothing to do with past performance over the last few decades. People are hearing that China is essentially going to start paying for oil with gold. They're getti...
by Beensabu
Wed Jul 29, 2020 8:21 pm
Forum: Investing - Theory, News & General
Topic: I'm not getting why all the love for gold. here's why.
Replies: 87
Views: 4603

Re: I'm not getting why all the love for gold. here's why.

So with the news showing people (some, not all) are ga ga for Gold, I started asking myself why? ... Why should I buy Gold again? It has nothing to do with past performance over the last few decades. People are hearing that China is essentially going to start paying for oil with gold. They're getti...
by Beensabu
Wed Jul 29, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: I'm not getting why all the love for gold. here's why.
Replies: 87
Views: 4603

Re: I'm not getting why all the love for gold. here's why.

So with the news showing people (some, not all) are ga ga for Gold, I started asking myself why? ... Why should I buy Gold again? It has nothing to do with past performance over the last few decades. People are hearing that China is essentially going to start paying for oil with gold. They're getti...
by Beensabu
Sun Jul 26, 2020 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 139
Views: 16589

Re: Landlords: How are you doing this year?

Anyone know? Have they lifted the eviction ban in California No. Extended to July 28th. No doom till August. But you would expect the doom to come before, right? As long as there is no eviction, there will be non-payment by some. I was wrong :oops: It's been extended through September 30th. https:/...
by Beensabu
Fri Jul 10, 2020 8:46 pm
Forum: Personal Consumer Issues
Topic: Does It Even Matter?
Replies: 5
Views: 1060

Does It Even Matter?

Really? At this point, is there any point? What is the likelihood that the money I save for retirement will even be there when I get to that point? SS is projected to be at 75% by 2035. Who knows what by 2050. Probably 0%. Will there even be jobs? Will there even be money? Will today's money be wort...
by Beensabu
Wed Jul 08, 2020 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 139
Views: 16589

Re: Landlords: How are you doing this year?

Anyone know? Have they lifted the eviction ban in California No. Extended to July 28th. No doom till August. But you would expect the doom to come before, right? As long as there is no eviction, there will be non-payment by some. I was wrong :oops: It's been extended through September 30th. https:/...
by Beensabu
Wed Jul 08, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 139
Views: 16589

Re: Landlords: How are you doing this year?

av111 wrote: Thu Jul 02, 2020 9:43 pm Anyone know? Have they lifted the eviction ban in California
No. Extended to July 28th. No doom till August.
by Beensabu
Sun Jul 05, 2020 2:02 am
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 358
Views: 19429

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

The ex-US allocation is for the dollar falling part of the currency cycle, or for if the dollar becomes devalued long-term, or if the dollar loses its status as the world's primary reserve currency, or for sectors other than tech making a comeback. This is it. You get to decide. Choose your own adve...
by Beensabu
Sun Jul 05, 2020 1:32 am
Forum: Personal Consumer Issues
Topic: Spiked Seltzers?
Replies: 46
Views: 3333

Re: Spiked Seltzers?

Kona makes a hard seltzer. Believe it or not, it's true. All the flavors are pretty good. I like flavored seltzer anyway, but the Kona was liked by my beer and whiskey only dude. It's 5%.
by Beensabu
Sun Jul 05, 2020 1:16 am
Forum: Investing - Theory, News & General
Topic: How does a company with a quick ratio (and even current ratio) of less than 1 remain solvent?
Replies: 22
Views: 1449

Re: How does a company with a quick ratio (and even current ratio) of less than 1 remain solvent?

How does a company with a quick ratio (liquid current assets divided by current liabilities) of less than 1 remain solvent if its cash inflows aren't large enough to supplement the liquid assets on the company's balance sheet needed to meet it's financial obligations? They "stretch out" actually pa...
by Beensabu
Sun Jun 28, 2020 10:29 pm
Forum: Personal Consumer Issues
Topic: Feminine Beauty Products - best bang for your buck?
Replies: 35
Views: 3427

Re: Feminine Beauty Products - best bang for your buck?

Rosehip oil after shower or washing your face will help with dry skin, acne, and scarring. It really will. I have recommended it before, and they were so happy. Radha is good brand for it. A 4oz bottle lasts forever. Vitamin E oil overnight will help with scarring and wrinkles.
by Beensabu
Sat Jun 27, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: Jeremy Siegel on MiB Podcast: 60/40 is risky and more
Replies: 146
Views: 17084

Re: Jeremy Siegel on MiB Podcast: 60/40 is risky and more

I have one question: if bonds are such a bad investment and everyone know we will have inflation, why are rates so low? Because the Fed is buying a lot of treasury bonds. Does it matter if the Fed raises or not? The Fed only controls short rates. The MARKET controls long term rates. If inflation go...
by Beensabu
Wed Jun 03, 2020 10:32 pm
Forum: Investing - Theory, News & General
Topic: 100% Equity Investors: What are you holding?
Replies: 30
Views: 2813

Re: 100% Equity Investors: What are you holding?

For those who are all stocks either in the accumulation or retirement stage, what are you holding? Do you hold any funds apart from total-market funds in an attempt to protect the value of your portfolio? I went to 100% bonds with a rollover last spring. Then to 100% money market last fall. Both of...
by Beensabu
Mon Jun 01, 2020 8:37 pm
Forum: Personal Consumer Issues
Topic: Non Fiction books for teenagers
Replies: 52
Views: 2641

Re: Non Fiction books for teenagers

Zen and the Art of Motorcycle Maintenance

by Robert M. Pirsig

for both
by Beensabu
Mon May 25, 2020 2:46 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13823

Re: S&P500 vs World Performance

Perhaps it's just a weakness in market cap weighting, as a strategy itself. If one country starts doing well, you will inherently be purchasing more and more of that country's stocks on it's way up. But high and sell low?? :confused The S&P 500 and Total US Market Index Funds are market cap weighte...
by Beensabu
Sun May 24, 2020 7:25 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

The current rates allow you to determine whether the known nominal amount or the extrapolated real amount at maturity is acceptable to you in light of the risk being taken. The risk is unexpected inflation. Please address inflation risk. LTPZ I apologize for being unclear. Please address inflation ...
by Beensabu
Sun May 24, 2020 6:59 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

Furthermore, the qualifier (" At current rates ") introduces its own issue. Namely, the idea portfolio allocation should depens on current rates relies upon a premise that speculating/market timing can be successful and/or prudent to attempt in bond markets. I don't grant that premise. Not so. The ...
by Beensabu
Sun May 24, 2020 6:25 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

Furthermore, the qualifier (" At current rates ") introduces its own issue. Namely, the idea portfolio allocation should depens on current rates relies upon a premise that speculating/market timing can be successful and/or prudent to attempt in bond markets. I don't grant that premise. Not so. The ...
by Beensabu
Sat May 23, 2020 11:45 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

It also begs the question: if bonds aren't for safety, what are they for? Bonds are fixed income. Bonds are for income. Someone duration matching bond term to investment horizon knows exactly what they will have in nominal terms at maturity (or at time of consumption). This thread taught me that ba...
by Beensabu
Sat May 23, 2020 8:03 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13823

Re: S&P500 vs World Performance

Why stop at just total world stocks? It allows you to check off some of these: 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Diversify 5 Never try to time the market 6 Use index funds when possible 7 Keep costs low 8 Minimize taxes 9 Invest with simpl...
by Beensabu
Sat May 23, 2020 7:47 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

A loss averse investor would likely not be happy to witness the volatility of their "safe" bond allocation in real time and might give in to their behavioral biases. At current rates, the whole point of a bond allocation for an accumulator is to act a behavioral hedge. Long term bonds do not fulfil...
by Beensabu
Sat May 23, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13823

Re: S&P500 vs World Performance

Why stop at just total world stocks? It allows you to check off some of these: 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Diversify 5 Never try to time the market 6 Use index funds when possible 7 Keep costs low 8 Minimize taxes 9 Invest with simpl...
by Beensabu
Sat May 23, 2020 6:13 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

Long-term bonds have higher expected returns than short-term bonds with similar levels of credit risk and reduce the volatility of the portfolio more than short-term bonds do. I am sorry. I can see that this has been true in the past when actually not rebalancing. When rebalancing, the returns have...
by Beensabu
Fri May 22, 2020 8:54 pm
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

Now, here's the tricky part: how do you rebalance without taking interest rate risk if you buy a 30 year? You probably wouldn't be rebalancing from long-term bonds to short-term bonds, so rebalancing doesn't typically affect your average portfolio duration. So you would not be rebalancing from long...
by Beensabu
Fri May 22, 2020 8:27 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 10158

Re: International market recovery

You still have foreign currency exposure, which is really tough given the Fed action. The USD is incredibly strong. Risks of international investing Currency risk. Investments denominated in foreign currencies decline in value for U.S. investors when the U.S. dollar rises in value against those cur...
by Beensabu
Thu May 21, 2020 1:32 am
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18869

Re: Rekenthaler: Long Bonds Are for Fools

Remember that you're not necessarily "hoping that rates don't go to zero". Even if rates stay exactly where they are you are still far better of with 1.15% on a 20 year bond than with 0.35% on a 5-year note. If you're holding to maturity, aren't you only better off for sure for 5 years? After that,...
by Beensabu
Wed May 20, 2020 11:23 pm
Forum: Personal Investments
Topic: Make My Portfolio for me! :)
Replies: 14
Views: 1211

Re: Make My Portfolio for me! :)

Desired Asset Allocation: 70% Stocks 10% bonds 20%International This is 90% stocks / 10% bonds. Your stock allocation is split roughly 78% US / 22% Intl. What ETF's do you recommend I invest in regards to my asset allocation (70% Stocks 10% bonds 20%International)? Please see the Wiki: https://www....
by Beensabu
Wed May 20, 2020 10:36 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 43229

Re: Why international?

I think the pie charts posted by 'Stef' are very telling (indicating market capitalization) over the past 100+ years. One can expect to pay a premium for growth. That chart is Figure 10 from the Credit Suisse Global Investment Returns Yearbook 2019 (Summary Edition) , under a section titled "Invest...
by Beensabu
Wed May 20, 2020 10:09 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13823

Re: S&P500 vs World Performance

Cool. So let's hear some well thought out argument on international, besides "buy the whole stack". Convince us that your claim is true. Dogma (a principle or set of principles laid down by an authority as incontrovertibly true) isn't necessarily a good thing. How did you establish that buying the ...
by Beensabu
Wed May 20, 2020 7:51 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 43229

Re: Why international?

I think the pie charts posted by 'Stef' are very telling (indicating market capitalization) over the past 100+ years. One can expect to pay a premium for growth. That chart is Figure 10 from the Credit Suisse Global Investment Returns Yearbook 2019 (Summary Edition) , under a section titled "Invest...
by Beensabu
Tue May 19, 2020 11:43 pm
Forum: Investing - Theory, News & General
Topic: S&P500 vs World Performance
Replies: 195
Views: 13823

Re: S&P500 vs World Performance

helloyou wrote: Sun May 17, 2020 6:03 am I was wondering if the obvious geographic diversification benefit of the VT outweighs its lower performance over the SPY?
What do you think? Why? Can you be convinced to change your mind?

No? Do that.

Yes? Why? Can you be convinced to change your mind again?

No? Do that.

Yes? Uh oh.
by Beensabu
Mon May 18, 2020 12:41 am
Forum: Investing - Theory, News & General
Topic: The 20-year bond at nominal yield of 1.05%
Replies: 7
Views: 953

Re: The 20-year bond at nominal yield of 1.05%

Is this question due to the existence of that mind-boggling long bonds thread where we've apparently entered an alternate universe in which long-term treasury bonds are suddenly deemed "risk-free" and higher volatility is a desirable trait for your bond allocation "coz rebalancing"? :shock: Can ever...
by Beensabu
Sun May 17, 2020 6:36 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16458

Re: [Are American markets likely to outperform INTL]

:?: Here is another question: Where can one find historical data on international stocks? Like historical earnings and dividends. For U.S. stocks, we can get free data online from Robert Shiller going back to 1871. That data includes Price, Earnings, Dividends, CPI and 10-Year rate. We can calculat...
by Beensabu
Sat May 16, 2020 2:08 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 10158

Re: International market recovery

Honestly, having read dozens and dozens of these kind of threads (maybe over 100 by now?) something has stood out to me. Now there are exceptions here , but: I notice a lot of the U.S. vs International preference often comes down to age demographics. Much of the older ages kind of take on the "Amer...
by Beensabu
Fri May 15, 2020 11:27 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 43229

Re: Why international?

Then you should have cited investor shares and supplied the ticker of the Vanguard fund you are citing. I specifically cited the Admiral Index, and since you are citing a different fund and Vanguard lists only the Admiral Index (VTIAX) and an ETF (VXUS) you should indicate exactly what fund you are...
by Beensabu
Thu May 14, 2020 8:57 pm
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 43229

Re: Why international?

I wasn't cherry picking... I used the full life of the International fund from it's inception date 11/29/2010 to yesterday's market close... you are cherry picking. Are you going to cite fund performance from as time period prior to it's existence? Beware of data that is obviously out of sink with ...
by Beensabu
Thu May 14, 2020 12:16 am
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 43229

Re: Why international?

I wasn't cherry picking... I used the full life of the International fund from it's inception date 11/29/2010 to yesterday's market close... you are cherry picking. Are you going to cite fund performance from as time period prior to it's existence? Beware of data that is obviously out of sink with ...
by Beensabu
Wed May 13, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: Fixed Income lessons learned from Coronavirus?
Replies: 48
Views: 4382

Re: Fixed Income lessons learned from Coronavirus?

Are there any “lessons” you have learned or adjustments you have made? I learned that if yields go low enough for the expected real return to drop below zero, then there is no need to hold fixed income when in the accumulation phase and nowhere near retirement, other than a liquid cash emergency fu...
by Beensabu
Wed May 13, 2020 8:08 pm
Forum: Investing - Theory, News & General
Topic: Fixed Income lessons learned from Coronavirus?
Replies: 48
Views: 4382

Re: Fixed Income lessons learned from Coronavirus?

Are there any “lessons” you have learned or adjustments you have made? I learned that if yields go low enough for the expected real return to drop below zero, then there is no need to hold fixed income when in the accumulation phase and nowhere near retirement, other than a liquid cash emergency fu...
by Beensabu
Tue May 12, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 64583

Re: So bottom is probably behind us....right?

rockthisworld wrote: Tue May 12, 2020 2:43 pm Will inflation be the ultimate game changer or a raise in interest rates or even a bubble bursting (debt bubble)?
These things will happen together, domino style, whenever they happen. Just in a different order.
by Beensabu
Mon May 04, 2020 5:33 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16458

Re: American exceptionalism

if that's true, then why have small caps done so poorly in comparison? yes, they are more risky because the expected reward is higher. but that hasn't panned out in reality. Small cap growth kept pace with large cap growth from 2005 until last fall. It actually left large cap growth in the dust if ...
by Beensabu
Sun May 03, 2020 8:11 pm
Forum: Investing - Theory, News & General
Topic: If you believing in Timing the market, Would you reduce equity allocation now?
Replies: 110
Views: 8048

Re: If you believing in Timing the market, Would you reduce equity allocation now?

guyinlaw wrote: Wed Apr 29, 2020 2:10 pm If you believing in Timing the market, Would you reduce equity allocation now?
No.
guyinlaw wrote: Wed Apr 29, 2020 2:10 pm IMO we are facing rolling lock-downs over the next 1-2 years.
If this situation continues, then UBI is on the way. They'll have no choice.
by Beensabu
Thu Apr 16, 2020 8:44 pm
Forum: Investing - Theory, News & General
Topic: What in the world is propping up this market?
Replies: 206
Views: 20952

Re: What in the world is propping up this market?

Why didn't it cause inflation in 08/09? Much of the stimulus is loans, not grants, so it is temporary. The portion that is not required to be paid back is just trying to boost aggregate demand to what it would have been had people not been laid off or furloughed. How is that inflationary (too much ...
by Beensabu
Thu Apr 16, 2020 3:48 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 31
Views: 2005

Re: Fun topic: options in/around Santa Barbara

I would be looking in Carpinteria, about 10 minutes south of Santa Barbara. Zip code is 93013. My in-laws live there. Condos in Carp are currently $400k+. Nowhere in town is too far from the beach, though. It's a 15-20 min drive to downtown SB and 20 min drive to downtown Ventura in non-commute/jam...
by Beensabu
Wed Apr 15, 2020 11:27 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 31
Views: 2005

Re: Fun topic: options in/around Santa Barbera

Wannaretireearly wrote:Here is the challenge: on a small budget, let's say closer to 500k than 1M, where would you buy a property?
You could probably find a condo in SB for that budget. Not near the beach, though. Your best bet is to wait for the housing market to crash and try to grab a short sale. Good luck.
by Beensabu
Thu Apr 09, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Little Book of Investing 10th ed Figure 7.1
Replies: 5
Views: 464

Re: Little Book of Investing 10th ed Figure 7.1

The real return is the return after inflation is taken into account. The index investor ends up with $73,100 in 2016 dollars, but those dollars are worth less than they were in 1991, so the real return after taking inflation into account is $34,500. The average fund investor ends up with $55,500 EDI...
by Beensabu
Sun Apr 05, 2020 5:20 pm
Forum: Personal Investments
Topic: Why Do So Many Recommend 70% - 100% Stocks?
Replies: 167
Views: 9756

Re: Why Do So Many Recommend 70% - 100% Stocks?

OP - please take a look at the annual real returns (rightmost side of page) found here and see if you notice a difference between pre-1982 numbers vs. 1982-2019:

http://pages.stern.nyu.edu/~adamodar/Ne ... retSP.html

This is what they are trying to tell you.