Search found 95 matches

by airelleofmusic
Sun Feb 03, 2019 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling to france may 11 days advice?
Replies: 24
Views: 1397

Re: Traveling to france may 11 days advice?

Hi, native French and have been living in Paris for 2 years. Cruse on the Seine, Montmartre, Musée d'Orsay, Jardin des Tuileries, Jardin du Luxembourg, Palais-Royal, Quartier du Marais you should absolutely go ! Do not hesitate to drop me a private message if you need some precise help/tricks. Enjoy...
by airelleofmusic
Wed Jan 02, 2019 5:54 am
Forum: Non-US Investing
Topic: HELP - No longer allowed to trade (PRIIPS regulation)
Replies: 6
Views: 1314

Re: HELP - No longer allowed to trade (PRIIPS regulation)

Indeed, since the beginning of 2018 it is increasingly difficult for EU citizens to buy funds that are not complying with EU reporting rules. Alternative is to invest in non US domiciled funds. This will also avoid the risks of us taxation for the EU investors. Ireland based funds seem to have many...
by airelleofmusic
Tue Jan 01, 2019 6:15 am
Forum: Non-US Investing
Topic: HELP - No longer allowed to trade (PRIIPS regulation)
Replies: 6
Views: 1314

HELP - No longer allowed to trade (PRIIPS regulation)

Hello, As an EU citizen I opened a trading account at TD Ameritrade a few years ago. However yesterday I tried to buy shares of AGG but I was not allowed due to a new European Union regulation (PRIIPs) that prevent all EU citizens from buying US ETFs. So now I am 100% full cash on my account and I c...
by airelleofmusic
Thu Nov 08, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: Investments with zero yield
Replies: 41
Views: 3830

Re: Investments with zero yield

Correct me if I am wrong but I think that funds in the US exchanges with no dividends payments are not allowed.
by airelleofmusic
Wed Nov 07, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Investments with zero yield
Replies: 41
Views: 3830

Re: Investments with zero yield

Which synthetic ETF could I easily buy through my broker TD Ameritrade that replicates the S&P500 ? Indeed. Here is one that is Canadian and trades on a Canadian exchange, but it is denominated in U.S. dollars. https://www.horizonsetfs.com/etf/HXS-U This may fit your needs. If it doesn't I'm sure t...
by airelleofmusic
Tue Nov 06, 2018 6:18 am
Forum: Investing - Theory, News & General
Topic: Investments with zero yield
Replies: 41
Views: 3830

Re: Investments with zero yield

Which synthetic ETF could I easily buy through my broker TD Ameritrade that replicates the S&P500 ?
by airelleofmusic
Mon Oct 01, 2018 10:15 am
Forum: Personal Investments
Topic: How much should I keep in cash ?
Replies: 7
Views: 1295

Re: How much should I keep in cash ?

I don't think it's enough if the $60K is, in fact, all in stocks. It doesn't take much pessimism to imagine dozens of emergencies that would require more than $1,000 in cash. The most obvious and simplest one is just meeting day-to-day expenses between the day you lose your job and the day you get ...
by airelleofmusic
Mon Oct 01, 2018 4:53 am
Forum: Personal Investments
Topic: How much should I keep in cash ?
Replies: 7
Views: 1295

How much should I keep in cash ?

Hello,

I currently have around 60k invested in the stock market but "only" 1k in my cash account.
Is it enough or should I increase it in case of emergencies ?
I earn around 3k per month and I save and invest 700 USD each month.

Thanks a lot,
aom
by airelleofmusic
Thu Sep 13, 2018 7:31 am
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 77
Views: 9710

Re: Why do we expect TSM to keep growing?

Because LT bonds can earn 3.0% a year, so TSM is expected to earn more as it is riskier.
by airelleofmusic
Tue Aug 28, 2018 3:45 am
Forum: Personal Investments
Topic: Should I open a second trading account ?
Replies: 3
Views: 548

Re: Should I open a second trading account ?

Hum, ok I will check how easy it is to a open a second one but maybe will stay will only one.
by airelleofmusic
Mon Aug 27, 2018 11:07 am
Forum: Personal Investments
Topic: Should I open a second trading account ?
Replies: 3
Views: 548

Should I open a second trading account ?

Hello, I am a EU based investor and currently have a trading account at TD Ameritrade with roughly 60K USD on it invested on a low-cost SPX ETF . I expect to save & invest more in months to come. Is it interesting to open a second trading account (for example at Schwab, Fidelity, Vanguard etc.) in o...
by airelleofmusic
Fri Aug 17, 2018 1:02 am
Forum: Personal Investments
Topic: DCA investing or going into debt ?
Replies: 6
Views: 756

Re: DCA investing or going into debt ?

Hummm ok so I will stay wise
by airelleofmusic
Thu Aug 16, 2018 1:55 pm
Forum: Personal Investments
Topic: DCA investing or going into debt ?
Replies: 6
Views: 756

DCA investing or going into debt ?

Hello, I got my first full-time job last week and will start working by the beginning of September. Net income will be around 3000 EUR (based in Europe). I want to save & invest 25% of the income. I have two solutions: -I invest each month 750 in the stock market -I can go easily into debt @0.90%/ye...
by airelleofmusic
Fri Aug 03, 2018 7:24 am
Forum: Personal Investments
Topic: TD Ameritrade automatic investment
Replies: 6
Views: 2083

Re: TD Ameritrade automatic investment

I was told by a TDA representative that for security reasons I have to place an order... it's a pity :/
by airelleofmusic
Mon Jul 30, 2018 1:50 pm
Forum: Personal Investments
Topic: TD Ameritrade automatic investment
Replies: 6
Views: 2083

Re: TD Ameritrade automatic investment

Ok thanks, I will ask TDA directly !
by airelleofmusic
Mon Jul 30, 2018 3:32 am
Forum: Personal Investments
Topic: TD Ameritrade automatic investment
Replies: 6
Views: 2083

TD Ameritrade automatic investment

Hello, I have a trading account at TD Ameritrade and would like to know if I have the possibility to automatically invest the cash into a specified ETF. If I make a deposit I want this cash to be immediately invested into a specific ETF and don't want to place an order each time. Do you think this i...
by airelleofmusic
Sat Jul 21, 2018 5:31 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 81
Views: 14471

Re: I may have understood why it's so hard to save and invest

Thanks for all your answers, fortunately I am only 24 so I have time for my money to compound !
Just difficult to see my friend spending money on clothes, holidays and me buying shares of S&P500 ETFs ahah
by airelleofmusic
Thu Jul 19, 2018 3:46 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 81
Views: 14471

I may have understood why it's so hard to save and invest

Hello everyone, I recently have the opportunity to save a 1-month equivalent paycheck (1500$) and invest it through my brokerage. However, although it cost me a "lot" of effort, my net worth of my portfolio only increase by 2% (portfolio of 75k$). I found it very discouraging actually because my eff...
by airelleofmusic
Sat Jul 14, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: The value of international stocks, in pictures
Replies: 74
Views: 14429

Re: The value of international stocks, in pictures

Don't you think that we can "exploit" these different 10-year working periods between US and World ex-US by allocating only US or only ex-US (based on 12 month momentum performance for example) ?
by airelleofmusic
Thu Jun 07, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: Will the real MSCI EAFE index please stand up?
Replies: 13
Views: 1547

Re: Will the real MSCI EAFE index please stand up?

I want a general-purpose all-round data set that I can use in discussions of the "benefits of international diversification." As I added to my remarks while you were replying, the Ibbotson SBBI yearbook uses the "gross" numbers--without any explanation or discussion--so I guess that's what they thi...
by airelleofmusic
Mon May 21, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 17109

Re: What big item (>20k) are you saving up for?

Saving to buy shares of the S&P 500.
by airelleofmusic
Tue May 15, 2018 2:23 pm
Forum: Non-US Investing
Topic: [EU] About the cost of taxes on dividends in European funds
Replies: 27
Views: 3460

Re: [EU] About the cost of taxes on dividends in European funds

Yes, using index swaps for european funds allow to avoid taxation on dividends (0% instead of 15% if you use physical replication). Also the BNP S&P 500 fund is better than competitors because the manager made many more tender offers to get the "best" price for the index swap (hence better performa...
by airelleofmusic
Mon May 14, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to define "rich"?
Replies: 32
Views: 2954

Re: Best way to define "rich"?

Rich is when money is not a concern for you.
by airelleofmusic
Mon May 14, 2018 4:31 pm
Forum: Non-US Investing
Topic: [EU] About the cost of taxes on dividends in European funds
Replies: 27
Views: 3460

Re: [EU] About the cost of taxes on dividends in European funds

Ahah exactly the fund only holds different swaps.
by airelleofmusic
Mon May 14, 2018 11:42 am
Forum: Non-US Investing
Topic: [EU] About the cost of taxes on dividends in European funds
Replies: 27
Views: 3460

Re: [EU] About the cost of taxes on dividends in European funds

Yes, using index swaps for european funds allow to avoid taxation on dividends (0% instead of 15% if you use physical replication). Also the BNP S&P 500 fund is better than competitors because the manager made many more tender offers to get the "best" price for the index swap (hence better performan...
by airelleofmusic
Mon May 07, 2018 12:44 pm
Forum: Non-US Investing
Topic: [EU] About the cost of taxes on dividends in European funds
Replies: 27
Views: 3460

Re: [EU] About the cost of taxes on dividends in European funds

I personally know the manager of the fund BNP Paribas S&P 500, he recently won the 2018 AGEFI prize for the best tracking difference, because he uses several index swaps and succeeded in managing the tax effect (I will to ask him how he does).
by airelleofmusic
Sun Apr 29, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: Can indexing be considered as active management ?
Replies: 21
Views: 2422

Re: Can indexing be considered as active management ?

If you are surprised by how much of your index fund has in the ten largest stocks, it's only because you've never taken the time to look at the composition of the market itself. 25% of what William Shakespeare and I have written is concentrated in the ten words "the," "be," "to," "of," "and," "a," ...
by airelleofmusic
Sat Apr 28, 2018 6:59 am
Forum: Investing - Theory, News & General
Topic: Can indexing be considered as active management ?
Replies: 21
Views: 2422

Re: Can indexing be considered as active management ?

If you are surprised by how much of your index fund has in the ten largest stocks, it's only because you've never taken the time to look at the composition of the market itself. 25% of what William Shakespeare and I have written is concentrated in the ten words "the," "be," "to," "of," "and," "a," ...
by airelleofmusic
Sat Apr 28, 2018 6:56 am
Forum: Investing - Theory, News & General
Topic: Can indexing be considered as active management ?
Replies: 21
Views: 2422

Re: Can indexing be considered as active management ?

Sure, you can go so far as to say logging into a website for the fist time an electing to take part in your employer's 401(k) plan to start with was an active investing decision if you want. It's just missing the point. In context, when you talk about a fund or a portfolio the difference between ac...
by airelleofmusic
Sat Apr 28, 2018 4:39 am
Forum: Investing - Theory, News & General
Topic: Can indexing be considered as active management ?
Replies: 21
Views: 2422

Can indexing be considered as active management ?

Hello, When someone is buying an index fund (s&p 500 for example), he actually buys a "momentum" strategy whose the best stocks become more and more prominent and losing stocks are leaving the index (due to the market-cap weighting). Thus investing in a S&P500 ETF can be considered in itself as acti...
by airelleofmusic
Mon Apr 23, 2018 4:36 pm
Forum: Non-US Investing
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 64
Views: 6777

Re: EXPAT: Strategy when invested in USA and spending in EUROS

I was born in France (still living there) and I can tell you that the euro is bound to explode. Greece and Italy (and many other countries) can't live forever with the German currency. So in years to come the euro will disappear and eu countries will be back to their local currencies. Keep it in mi...
by airelleofmusic
Sun Apr 22, 2018 4:23 pm
Forum: Non-US Investing
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 64
Views: 6777

Re: EXPAT: Strategy when invested in USA and spending in EUROS

I was born in France (still living there) and I can tell you that the euro is bound to explode. Greece and Italy (and many other countries) can't live forever with the German currency. So in years to come the euro will disappear and eu countries will be back to their local currencies. Keep it in min...
by airelleofmusic
Sun Apr 22, 2018 4:12 pm
Forum: Personal Investments
Topic: Opinions on SPTM ETF in taxable for US stock index fund
Replies: 33
Views: 4377

Re: Opinions on SPTM ETF in taxable for US stock index fund

I use similar ETFs from SPDR: SPEM for EM, SPDW,for developed ex-us and SPLG for SPX through TDA too. I am very satisfied and don't trade very often (2/3 times a year) so bid/ask spread is not very important for me.
by airelleofmusic
Tue Apr 17, 2018 2:13 am
Forum: Non-US Investing
Topic: S&P 500 Total Return ETF ?
Replies: 11
Views: 2624

Re: S&P 500 Total Return ETF ?

Thanks for the links, I will have a look
by airelleofmusic
Mon Apr 16, 2018 4:11 pm
Forum: Non-US Investing
Topic: S&P 500 Total Return ETF ?
Replies: 11
Views: 2624

Re: S&P 500 Total Return ETF ?

Ok, I did not know that US-based funds are required by law to distribute dividends to investors.

Maybe a solution is to sell my ETF just before the dividends are announced and then buyback ?
by airelleofmusic
Mon Apr 16, 2018 3:16 pm
Forum: Non-US Investing
Topic: S&P 500 Total Return ETF ?
Replies: 11
Views: 2624

S&P 500 Total Return ETF ?

Hello, First of all, many thanks everyone, I learnt so much on this forum :) I am currently investing in three major asset classes, s&p 500, world ex-us and emerging markets. Do you know if there is an ETF that tracks the S&P 500 dividends reinvested ? Indeed I am currently investing from France (in...
by airelleofmusic
Thu Apr 05, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Is absolute momentum market timing ?
Replies: 21
Views: 2076

Re: Is absolute momentum market timing ?

bogglehead125 wrote:
Thu Apr 05, 2018 1:49 pm
Where are the factor fans? Could you imagine a thread titled "Is small-cap value market timing?"
Exactly, for me momentum is only a factor like another and not a market timing strategy
by airelleofmusic
Thu Apr 05, 2018 5:50 am
Forum: Investing - Theory, News & General
Topic: Is absolute momentum market timing ?
Replies: 21
Views: 2076

Re: Is absolute momentum market timing ?

2) Yes it's 100% stocks or 100% depending on the state of the market. Absolute momentum (SPX, Bonds) vs B&H is flat for the period 1970 to 2000 but spreading since then ("thanks" to the two bear markets) Where are you getting this from? Like I said before, most of the strategies that I know that ar...
by airelleofmusic
Wed Apr 04, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Is absolute momentum market timing ?
Replies: 21
Views: 2076

Re: Is absolute momentum market timing ?

I am currently investing my money through the process of dual momentum (relative momentum on the strongest asset during the last 12m between S&P500 and Developed ex-US) I thought momentum strategies only looked at the past couple of months or less. and absolute momentum ( = times series momentum: i...
by airelleofmusic
Wed Apr 04, 2018 10:43 am
Forum: Investing - Theory, News & General
Topic: Is absolute momentum market timing ?
Replies: 21
Views: 2076

Is absolute momentum market timing ?

Hello, First of all many thanks everyone, I learnt so much on this forum. :D I am currently investing my money through the process of dual momentum (relative momentum on the strongest asset during the last 12m between S&P500 and Developed ex-US) and absolute momentum ( = times series momentum: inves...
by airelleofmusic
Fri Mar 30, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2548
Views: 473916

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

More or less flat, 100% equities (50% EM, 50% Developed ex-us)
by airelleofmusic
Mon Mar 05, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: The Illusion of "The Long-Term Average" in Investing
Replies: 61
Views: 9122

Re: The Illusion of "The Long-Term Average" in Investing

Very interesting topic indeed. Yes I recently read a post stating that nobody can maintain that a 16/17 median CAPE 10 will be the norm "forever". Even during the biggest crisis of the last century (2008) - where anchoring I am convinced played a huge role - valuations bottomed at 15 "only" meaning ...
by airelleofmusic
Thu Mar 01, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 254
Views: 67340

Re: A Returns Spreadsheet for Bogleheads

@longinvest,

I definitely apologize, it's my fault. I forgot to subtract the contribution to the final balance that's why I got different annual returns.

Thanks again for your work,
airelle
by airelleofmusic
Thu Mar 01, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 254
Views: 67340

Re: A Returns Spreadsheet for Bogleheads

No no even if I add a 100$ contribution in August 2017 my Annual portfolio return (time-weighted return, comparable return) for 2017 are changing too (and trailing portfolio returns too).
by airelleofmusic
Thu Mar 01, 2018 5:59 am
Forum: Investing - Theory, News & General
Topic: Boglehead contradiction, constant asset allocation is market timing
Replies: 100
Views: 10534

Re: Boglehead contradiction, constant asset allocation is market timing

Here's what I consider a serviceable definition of the market timing we are cautioned to avoid: DEFINITION of 'Market Timing' Market timing is the act of moving in and out of the market or switching between asset classes based on using predictive methods such as technical indicators or economic dat...
by airelleofmusic
Thu Mar 01, 2018 3:26 am
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 254
Views: 67340

Re: A Returns Spreadsheet for Bogleheads

Hello,
No I mean that my Trailing portfolio return (time-weighted return, comparable return) is changing when I add for example a 100$ contribution. Is it normal ?
Because normally time-weighted return should not take into account contributions and withdrawals.
Many thanks
by airelleofmusic
Wed Feb 28, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 254
Views: 67340

Re: A Returns Spreadsheet for Bogleheads

Hello everyone, Many thanks for your work. Regarding the excel spreadsheet (https://www.bogleheads.org/wiki/Calculating_personal_returns) can you confirm there is an error Line 15 and Line 48 on the first sheet and that it's money-weighted returns instead of time-weighted returns ? Because when I ch...
by airelleofmusic
Wed Feb 28, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio - Tracking & Spreadsheets
Replies: 42
Views: 7744

Re: Investment Portfolio Tracking & Spreadsheets

Hello everyone,

Regarding this spreadsheet https://www.bogleheads.org/wiki/Calcula ... al_returns can you confirm me there is an error Line 15 and Line 48 on the first sheet and that it's money-weighted returns instead of time-weighted returns ?

Many thanks,
airelleofmusic
by airelleofmusic
Fri Jan 12, 2018 1:21 pm
Forum: Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 370
Views: 45197

Re: Anyone tired of the stock market going up?

Indeed, incredible stock market...
Currently invested in EM and Developed ex-US and YTD is impressive (around 5% maybe ?)