Search found 25 matches

by edan
Tue Oct 20, 2020 3:01 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20768
Views: 2836980

Re: U.S. stocks in free fall

rascott wrote: Tue Oct 20, 2020 12:45 am You likely have 40+ years in front of you..... and have 70% of your money in something basically guaranteed to lose to inflation.
Really?

I'm asking honestly, since I don't know - when has TBM had a negative real return for extended periods of time, and how long did it last?
by edan
Mon Aug 24, 2020 9:39 am
Forum: Investing - Theory, News & General
Topic: The death of nominal bonds? All Weather without bonds?
Replies: 119
Views: 8227

Re: The death of nominal bonds? All Weather without bonds?

50% of your bonds in TIPS is a good solution, much better than 100% nominal IMO. You would be prepared for higher than expected inflation as well as lower than expected inflation. I'll have to think about this... I'll be happy if anyone else shares their thoughts on the matter, too. What do you thi...
by edan
Mon Aug 24, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: The death of nominal bonds? All Weather without bonds?
Replies: 119
Views: 8227

Re: The death of nominal bonds? All Weather without bonds?

RomeoMustDie wrote: Mon Aug 24, 2020 9:29 am
Global bond fund
So you recommend 50% TBM and 50% TIBM?
by edan
Mon Aug 24, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: The death of nominal bonds? All Weather without bonds?
Replies: 119
Views: 8227

Re: The death of nominal bonds? All Weather without bonds?

I have worked hard against my own inclinations to tinker, tilt and ... can't think of another good word that starts with t. Anyway, I am now a proud owner of a 3-fund portfolio, with equities at world-market-cap weights and 60% TBM, due to declining need to take risk. The "bonds are dead" ...
by edan
Tue Aug 04, 2020 12:40 am
Forum: Investing - Theory, News & General
Topic: What Would Be Your US/Int Equity Split If You Lived Outside US?
Replies: 58
Views: 2701

Re: What Would Be Your US/Int Equity Split If You Lived Outside US?

I live outside the U.S. I used to keep my equity allocation at 50/50 TSM/TISM. But I got sick of constantly pouring money into TISM to keep the balance. So when I de-risked earlier this year (before COVID-19, luckily but coincidentally, I went to 40/60 stock/bond from 60/40, and have let it drift to...
by edan
Sun Jun 07, 2020 2:33 am
Forum: Investing - Theory, News & General
Topic: Yet another yield question
Replies: 50
Views: 2898

Re: Yet another yield question

First, thanks to everyone who replied - I enjoyed reading all the responses, and I'm glad that dividend investing can always spark a conversation, almost to the same extent that Intl investing can! :) The following quotes basically sum up where I was going with this: I am on the dividend side becaus...
by edan
Wed Jun 03, 2020 1:28 pm
Forum: Investing - Theory, News & General
Topic: Yet another yield question
Replies: 50
Views: 2898

Yet another yield question

I know that dividends are not free money and that only total return matters. I'm not trying to get better returns, rather set up an easy-to-follow plan for an income stream from my portfolio. I know I can just sell when needed to get income from my portfolio, and I don't need yield for that. But the...
by edan
Sun Jul 29, 2018 5:19 am
Forum: Personal Investments
Topic: International Stocks – A Taxing Situation
Replies: 13
Views: 1644

Re: International Socks – A Taxing Situation

As for international socks, I just bought some SealSkinz waterproof socks. They are made in the UK. I will use them while kayaking/canoeing/hiking in wet places. I think technically they would still be intra national socks, if they are entirely made in the UK. Perhaps the seals whose skins were use...
by edan
Wed Feb 28, 2018 6:55 am
Forum: Investing - Theory, News & General
Topic: Why have Emergency Funds?
Replies: 54
Views: 5410

Re: Why have Emergency Funds?

Bendee wrote: Wed Feb 28, 2018 6:30 am Sheepdog has almost 5000 posts. Maybe at least a hint on what to search for?
/forum/viewtopic.php?t=25126
by edan
Tue Jan 23, 2018 9:13 am
Forum: Non-US Investing
Topic: Currency risk for non-US residents
Replies: 14
Views: 1778

Re: Currency risk for non-US residents

Sure I can buy US bond funds in the USA - that's what I do now - I have Vanguard TBM. The point of my original post was to mitigate my exchange rate risk. You're saying now "just don't worry" which was my #4 option in the original post, it seems. I'll reduce the USD exposure by increasing ...
by edan
Tue Jan 23, 2018 8:35 am
Forum: Non-US Investing
Topic: Currency risk for non-US residents
Replies: 14
Views: 1778

Re: Currency risk for non-US residents

Thanks Valuethinker, you're helping me a lot. And you've helped me to push myself to learn a little more about Israel govt bonds. I'd much prefer to just buy a bond fund, but I think PFIC regulation would preclude that option, unfortunately. So as far as I can tell, the Israeli government issues 4 m...
by edan
Tue Jan 23, 2018 12:14 am
Forum: Non-US Investing
Topic: Currency risk for non-US residents
Replies: 14
Views: 1778

Re: Currency risk for non-US residents

I don't plan to repatriate, so I'd like a plan that covers me without this option. I don't know if my home country is credit risk free, nor whether they will uphold bank insurance. My home country is Israel - does anyone else have an idea on how to answer these questions? I will look into local bond...
by edan
Sun Jan 21, 2018 9:21 am
Forum: Non-US Investing
Topic: Currency risk for non-US residents
Replies: 14
Views: 1778

Re: Currency risk for non-US residents

I appreciate the replies. So Valuethinker and in_reality, it sounds like you'd both recommend diversifying the currency exposure with Intl equities, along the lines of the 50/50 market-cap split that I mentioned? And leaving it at that, and not worrying so much about the bonds side, leaving it all i...
by edan
Sun Jan 21, 2018 4:29 am
Forum: Non-US Investing
Topic: Currency risk for non-US residents
Replies: 14
Views: 1778

Re: Currency risk for non-US residents

Is there any fixed income in your home currency? But yes unhedged international bonds would give you currency diversification the same way TISM does. Yes, I could buy local bonds, but the whole PFIC issue is incomprehensible enough such that I don't even know if a local bond ETF/ETN would run afoul...
by edan
Sun Jan 21, 2018 3:56 am
Forum: Non-US Investing
Topic: Currency risk for non-US residents
Replies: 14
Views: 1778

Currency risk for non-US residents

Hi Bogleheads, I invest in the US due to tax restrictions (PFIC laws), but my future spending is not going to be in USD, as I live overseas and plan to stay here. I currently have a 3-fund portfolio, with a reasonably high allocation to Intl (37%). I am becoming more concerned with the currency risk...
by edan
Thu Dec 01, 2016 6:25 am
Forum: Personal Investments
Topic: The new normal: 2%, 3%?
Replies: 72
Views: 6458

Re: The new normal: 2%, 3%?

I have never posted a reply on this forum, only questions, so I am by far not an expert.
But I've been using this tool:
https://www.portfoliovisualizer.com/mon ... simulation
by edan
Wed Sep 28, 2016 7:04 am
Forum: Personal Investments
Topic: Bond allocation - slice and dice
Replies: 2
Views: 591

Bond allocation - slice and dice

Hi, I have been thinking I should increase my bond allocation from 15% to 20%, and reading the thread "In Defense of Bonds" really solidified this decision. My philosophy, which may stray from the core Boglehead party line, is that I'm willing to sacrifice simplicity to get broader diversi...
by edan
Wed Sep 28, 2016 4:58 am
Forum: Investing - Theory, News & General
Topic: "In Defense of Bonds"
Replies: 35
Views: 6878

Re: "In Defense of Bonds"

I have been thinking for a while now that I should probably increase my bond exposure. I am currently 85/15, but my 15% bonds is 5/5/5 between US TBM (BND), Intl TBM (BNDX), and high-yield (JNK). Yes, I know that a lot of Bogleheads don't believe JNK has a place in my portfolio, but let's leave that...
by edan
Mon Aug 29, 2016 7:56 am
Forum: Personal Investments
Topic: Lazy portfolio adjustments
Replies: 11
Views: 1909

Re: Lazy portfolio adjustments

BeBH65 wrote:Hi Edan,

In my earlier answer I missed that you are not living in the US.

Regards,
I am a US citizen. I can't invest in funds in my home country due to PFIC restrictions, so I've chosen to manage my portfolio with a US broker. Yes, tax filing season is a nightmarish hell every year :annoyed
by edan
Mon Aug 29, 2016 7:54 am
Forum: Personal Investments
Topic: Lazy portfolio adjustments
Replies: 11
Views: 1909

Re: Lazy portfolio adjustments

Do you actually make use of "uncorrelated asset classes"? Very specifically, how many rebalancing trades have you made in the past 12 months? What were they? Did you sell BND and buy VXUS? Did you sell VNQ and buy BND? What other transactions did you make? When did you make them? The reas...
by edan
Mon Aug 29, 2016 5:34 am
Forum: Personal Investments
Topic: Lazy portfolio adjustments
Replies: 11
Views: 1909

Re: Lazy portfolio adjustments

Hello Edan, Hi, BeBH65! Thanks so much for the response. A few questions on what you said: Not many people on this forum have an equal allocation BND and BNDX. Many US investors don't have any BNDX Why not? Is there a reason not to hold it? Does it not provide diversification for exposure to the gl...
by edan
Mon Aug 29, 2016 2:11 am
Forum: Personal Investments
Topic: Lazy portfolio adjustments
Replies: 11
Views: 1909

Re: Lazy portfolio adjustments

These are all all in tax deferred I assume?
No, these are all in a taxable account. I have no tax deferred options for US investing, as I live overseas.
by edan
Mon Aug 29, 2016 1:42 am
Forum: Personal Investments
Topic: Convert a lazy buy-and-hold portfolio to a lazy income-oriented one
Replies: 9
Views: 1663

Re: Convert a lazy buy-and-hold portfolio to a lazy income-oriented one

I appreciate all the informative replies to my question. I get the point that the distinction between "principal" and "income" is a false one and I should just be sticking to AA and "total return". I asked a followup question here if anyone has input there, I'm most app...
by edan
Mon Aug 29, 2016 1:41 am
Forum: Personal Investments
Topic: Lazy portfolio adjustments
Replies: 11
Views: 1909

Lazy portfolio adjustments

Hi, I want a lazy portfolio that diversifies into as many broad categories of uncorrelated asset classes as possible, with minimal fees. As I'm in my early 40s, I need high equity exposure, though I am trying to figure out if I can retire early. Here is today's portfolio: 50% VTI Vanguard Total Stoc...
by edan
Sun Aug 28, 2016 9:28 am
Forum: Personal Investments
Topic: Convert a lazy buy-and-hold portfolio to a lazy income-oriented one
Replies: 9
Views: 1663

Convert a lazy buy-and-hold portfolio to a lazy income-oriented one

Hi, I currently have my retirement savings in what I consider a good, diversified, lazy portfolio (though your input on it is welcome). I am looking to convert it to an income portfolio from which I can siphon 4% a year without touching the principal. Your input on my idea for such an income-produci...