Search found 94 matches

by tombonneau
Tue Apr 07, 2020 4:55 am
Forum: Investing - Theory, News & General
Topic: VBTLX (Total Bond Market) vs. VBILX (Intermediate Bond Index)
Replies: 28
Views: 3067

Re: VBTLX (Total Bond Market) vs. VBILX (Intermediate Bond Index)

Great minds think alike, I use 50/50 fixed income in these two funds also. :sharebeer Dan I was the same. Then combined to just VBILX. Then, after much deliberation, I'm now Intermediate Treasuries only (VSIGX) with higher equity allocation. Just makes logical sense IMO and will keep it that way un...
by tombonneau
Mon Apr 06, 2020 9:46 am
Forum: Investing - Theory, News & General
Topic: VBTLX (Total Bond Market) vs. VBILX (Intermediate Bond Index)
Replies: 28
Views: 3067

Re: VBTLX (Total Bond Market) vs. VBILX (Intermediate Bond Index)

There were some deep discussions of this in the past that I followed intently. I ended up splitting my fixed allocation to equal parts of each. j :happy Great minds think alike, I use 50/50 fixed income in these two funds also. :sharebeer Dan I was the same. Then combined to just VBILX. Then, after...
by tombonneau
Mon Apr 06, 2020 9:25 am
Forum: Investing - Theory, News & General
Topic: VBTLX (Total Bond Market) vs. VBILX (Intermediate Bond Index)
Replies: 28
Views: 3067

Re: VBTLX (Total Bond Market) vs. VBILX (Intermediate Bond Index)

There were some deep discussions of this in the past that I followed intently. I ended up splitting my fixed allocation to equal parts of each. j :happy Great minds think alike, I use 50/50 fixed income in these two funds also. :sharebeer Dan I was the same. Then combined to just VBILX. Then, after...
by tombonneau
Fri Apr 03, 2020 7:32 am
Forum: Investing - Theory, News & General
Topic: REITs are in free fall..
Replies: 21
Views: 4720

Re: REITs are in free fall..

Vanguard Real Estate Index Fund ETF Shares (VNQ) down 7.5% to under $65 iShares Core U.S. REIT ETF (USRT) down 8% to under $36 Any one considering adding more REITs? Will it be ETFs or individual REITs? I have a 10% slot to REITs in my portfolio (VNQ). I hit a rebalance band a while back and balanc...
by tombonneau
Fri Apr 03, 2020 3:48 am
Forum: Investing - Theory, News & General
Topic: REITs are in free fall..
Replies: 21
Views: 4720

Re: REITs are in free fall..

I have a feeling us REIT holders are going to have plenty more good buying/rebalance opportunities over the next 9-18 months. :shock:
by tombonneau
Thu Apr 02, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: How many funds do you have in your portfolio?
Replies: 167
Views: 12298

Re: How many funds do you have in your portfolio?

Five funds across all accounts (primarily because there isn't a "total international" in 401k, just developed markets) 10% Emerging Markets Index 15% Developed Markets Index 15% TIPS fund 15% Vanguard Intermediate Bond (VBILX) 45% Domestic Stock (Mostly 500 Index / also Total Stock and Ca...
by tombonneau
Thu Apr 02, 2020 6:59 am
Forum: Investing - Theory, News & General
Topic: Has Your Asset Allocation Strategy Changed?
Replies: 73
Views: 3935

Re: Has Your Asset Allocation Strategy Changed?

Mine sort-of did. More "hastened" than "changed." Since end of last year I had been giving lots of thought to moving from VBILX Intermediate Bond to pure Intermediate Treasuries and mentally committed to doing it. Which is a little different than physically logging in and making ...
by tombonneau
Thu Apr 02, 2020 5:22 am
Forum: Investing - Theory, News & General
Topic: How many funds do you have in your portfolio?
Replies: 167
Views: 12298

Re: How many funds do you have in your portfolio?

Five funds across all accounts (primarily because there isn't a "total international" in 401k, just developed markets) 10% Emerging Markets Index 15% Developed Markets Index 15% TIPS fund 15% Vanguard Intermediate Bond (VBILX) 45% Domestic Stock (Mostly 500 Index / also Total Stock and Ca...
by tombonneau
Wed Apr 01, 2020 10:00 am
Forum: Investing - Theory, News & General
Topic: Buying only top 10 S&P500 companies every year
Replies: 56
Views: 4146

Re: Buying only top 10 S&P500 companies every year

I feel I saw a blog post or article where someone did the math on something similar to this. Don't quote, might have been Morningstar? Anyway, short of it is that it wouldn't have done as well as the S&P, and in fact IIRC it would have done much worse.
by tombonneau
Wed Apr 01, 2020 9:31 am
Forum: Investing - Theory, News & General
Topic: Is the coming pain really "priced in"?
Replies: 201
Views: 19681

Re: Is the coming pain really "priced in"?

- For the consumer psyche, what is going on is monumental and people won't just revert to their old days once this is over. Similar to the financial crisis, an entire generation will be scarred by this and change their behavior in ways which will not be positive for the economy. This what I'm very ...
by tombonneau
Tue Mar 31, 2020 3:39 am
Forum: Investing - Theory, News & General
Topic: Is Kostohryz right?
Replies: 30
Views: 2383

Re: Another massive decline is coming - Sounds logical or ‘nobody knows nothing’ ?

If the depth of the trough has been achieved in just 1 month from the cliff, then this time it really is different. But yeah.... nobody knows nothing, at this point. There is a line I heard at the track that always stuck with me: Never bet on a horse to do something it's never done before. Anyone b...
by tombonneau
Thu Mar 26, 2020 12:39 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 65646

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

The following is the main reason why the bottom is not yet in: https://abload.de/thumb/peaktotrough81k1g.jpg Not sure why the only post in this entire thread with relevant data hasn't been quoted yet. 8-) If I'm reading this right, the previous record for shortest peak-to-trough of a bear market is...
by tombonneau
Thu Mar 19, 2020 11:32 am
Forum: Investing - Theory, News & General
Topic: Bond Funds don't work in a crisis
Replies: 179
Views: 13472

Re: Bond Funds don't work in a crisis

My Treasury bond funds (long nominal, short TIPS, see sig) are doing what I expected them to do. So I wouldn't say bond funds don't work in a crisis. Certain kinds of bonds don't do well in a crisis, but that's true whether they're in bond funds or not. Precisely. I hope that this helps BHs to unde...
by tombonneau
Thu Mar 19, 2020 11:26 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 13701

Re: 2020 COVID Crash Lessons

Like some other people, however, I've split my emergency fund up into tiers. Several months of cash, several months of bonds, several months of stocks. This felt like a reasonable compromise between keeping up with inflation and keeping the money fairly stable/liquid. As I've watched a lot of that ...
by tombonneau
Mon Mar 16, 2020 2:01 pm
Forum: Investing - Theory, News & General
Topic: $19 Trillion in Corporate Debt At Risk of Default
Replies: 167
Views: 11644

Re: $19 Trillion in Corporate Debt At Risk of Default

Corsair wrote: Mon Mar 16, 2020 1:16 pm Per Bloomberg the biggest US airliners spent 96% of free cash flow over the last decade on buying back their stock. Now they are asking the US tax payer for $50 billion dollars. Seriously? In a free market they should default on their debts...
Wow. I had no idea the buybacks were that egregious.
by tombonneau
Mon Mar 16, 2020 9:19 am
Forum: Investing - Theory, News & General
Topic: $19 Trillion in Corporate Debt At Risk of Default
Replies: 167
Views: 11644

Re: $19 Trillion in Corporate Debt At Risk of Default

technovelist wrote: Mon Mar 16, 2020 8:58 am
Sandtrap wrote: Mon Mar 16, 2020 8:56 am Vanguard Investment Grade Corporate Bond Index Fund.
Implications?

Should I worry?

j :happy
I wouldn't hold any bonds or other debt instruments that aren't Treasurys.
Maybe I'm being too careful, but I doubt it.
Ditto. Right now BND -1.5% and VGIT +1%.
by tombonneau
Mon Mar 16, 2020 7:36 am
Forum: Investing - Theory, News & General
Topic: $19 Trillion in Corporate Debt At Risk of Default
Replies: 167
Views: 11644

Re: $19 Trillion in Corporate Debt At Risk of Default

I was paying attention before. :beer Like I said, I'm no genius, but corporate debt has just has been a bubble screaming to be popped. I promise I'm far less of a genius than you, and I passively collected all of this information. An no lessons to be learned, by the way. Even though this was always...
by tombonneau
Mon Mar 16, 2020 7:18 am
Forum: Investing - Theory, News & General
Topic: $19 Trillion in Corporate Debt At Risk of Default
Replies: 167
Views: 11644

Re: $19 Trillion in Corporate Debt At Risk of Default

Another informative piece on Bondaggedon: https://www.ccn.com/corporate-debt-was-a-recession-time-bomb-coronavirus-just-lit-the-fuse/ Morgan Stanley’s Ruchi Sharma estimates that one in six U.S. companies doesn’t have the cash flow to cover its own interest payments. Such firms have been relying on...
by tombonneau
Mon Mar 16, 2020 2:50 am
Forum: Investing - Theory, News & General
Topic: $19 Trillion in Corporate Debt At Risk of Default
Replies: 167
Views: 11644

Re: $19 Trillion in Corporate Debt At Risk of Default

Another informative piece on Bondaggedon: https://www.ccn.com/corporate-debt-was-a-recession-time-bomb-coronavirus-just-lit-the-fuse/ Morgan Stanley’s Ruchi Sharma estimates that one in six U.S. companies doesn’t have the cash flow to cover its own interest payments. Such firms have been relying on ...
by tombonneau
Sat Mar 14, 2020 9:52 am
Forum: Investing - Theory, News & General
Topic: Reason to hold bonds as an accumulator?
Replies: 50
Views: 2021

Re: Reason to hold bonds as an accumulator?

I'm 90/10 and mathematically you run any scenario for any long duration and the difference between 100/0 even with rebalancing a 90/10 is neglible. IMO the 10 is purely psychological and will eventually make a good starting pointing as you slip into a glide path for retirement. Even watching only 10...
by tombonneau
Sat Mar 14, 2020 6:17 am
Forum: Investing - Theory, News & General
Topic: Why are bonds falling?
Replies: 236
Views: 6462

Re: Time to exit conventional Bond funds?

I hold VBILX, it holds 25% in Baa (BBB as rated by S&P) debt which is one level above Junk... if we have a economic crisis, which seems increasingly likely to me due to widespread drop in consumption a large percentage of this debt will probably default. Say 80% of this debt defaults, this fund...
by tombonneau
Thu Mar 12, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Down >4%
Replies: 49
Views: 9197

Re: Why is BND going down?

Corporates do better than TBM (and treasuries) in normal markets. Since we don’t know what is coming, TBM positions you for both. Sure, it's a compromise. But if people are complaining that corporates / TBM go down in bear markets -- well, that's the price you pay for getting better performance in ...
by tombonneau
Thu Mar 12, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: Is now a dumb time to move from Intermediate Bond to Int Treasuries?
Replies: 14
Views: 1580

Re: Is now a dumb time to move from Intermediate Bond to Int Treasuries?

VBILX is about 53% gov't bonds as it is, so you'd only be shifting ~5% of your overall AA from investment-grade bonds to Treasuries. I say pull the trigger. The difference is minimal. I hold VGIT (Vanguard Intermediate-Term Gov't) and have been pleased with it, though not nearly as pleased as I wou...
by tombonneau
Tue Mar 10, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22460
Views: 2970604

Re: U.S. stocks in free fall

abuss368 wrote: Tue Mar 10, 2020 10:33 am
tombonneau wrote: Tue Mar 10, 2020 9:04 am
abuss368 wrote: Tue Mar 10, 2020 7:54 am I have found it interesting that REITs have been outperforming the broader market. This may be because investors are looking for yield.
Less underperforming might be more apt. :D
Diversification :beer
Thanks for jinxing. 😂
by tombonneau
Tue Mar 10, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: BND Fell Today
Replies: 143
Views: 13409

Re: BND Fell Today

VWOB (Vanguard Emerging Markets Government Bond ETF) is down 7.41% today. The credit risk premium is pretty much like the equity risk premium nowadays. VEMBX Emerging Markets Bond only down 3.42%. +1 for active management. :twisted: It could be the active management part, or the chunk of local curr...
by tombonneau
Tue Mar 10, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22460
Views: 2970604

Re: U.S. stocks in free fall

abuss368 wrote: Tue Mar 10, 2020 7:54 am I have found it interesting that REITs have been outperforming the broader market. This may be because investors are looking for yield.
Less underperforming might be more apt. :D
by tombonneau
Tue Mar 10, 2020 6:51 am
Forum: Investing - Theory, News & General
Topic: BND Fell Today
Replies: 143
Views: 13409

Re: BND Fell Today

VWOB (Vanguard Emerging Markets Government Bond ETF) is down 7.41% today. The credit risk premium is pretty much like the equity risk premium nowadays. VEMBX Emerging Markets Bond only down 3.42%. +1 for active management. :twisted: VGAVX, the VG Emerging Markets Govt Bond Index fund, was only down...
by tombonneau
Tue Mar 10, 2020 4:54 am
Forum: Investing - Theory, News & General
Topic: BND Fell Today
Replies: 143
Views: 13409

Re: BND Fell Today

Thanks, everyone! I'm in total bond market and not about to make any sudden moves - too late with corporate dropping like a rock. But this is good to know for the next time I rethink my AA. I'm not so sure I agree with the bolded . IMO we are closer to the beginning than we are to the end of the co...
by tombonneau
Tue Mar 10, 2020 4:52 am
Forum: Investing - Theory, News & General
Topic: BND Fell Today
Replies: 143
Views: 13409

Re: BND Fell Today

YearTrader wrote: Mon Mar 09, 2020 4:41 pm VWOB (Vanguard Emerging Markets Government Bond ETF) is down 7.41% today.

The credit risk premium is pretty much like the equity risk premium nowadays.
VEMBX Emerging Markets Bond only down 3.42%.

+1 for active management. :twisted:
by tombonneau
Tue Mar 10, 2020 3:43 am
Forum: Investing - Theory, News & General
Topic: go 100% equitites?
Replies: 29
Views: 2916

Re: go 100% equitites?

Tend to agree with above. Also, everyone seems to swing from extreme to extreme, all in on stock or sell all equities. Why not in between? Set a number and say "if the s&p drops to X I will shift to 85/15 and if it drops to Y I will shift to 90/10" and put it in your IPS. Then you at l...
by tombonneau
Tue Mar 10, 2020 2:58 am
Forum: Investing - Theory, News & General
Topic: Is now a dumb time to move from Intermediate Bond to Int Treasuries?
Replies: 14
Views: 1580

Re: Is now a dumb time to move from Intermediate Bond to Int Treasuries?

One of the main problems in the pulls backs we have had in 2018 and the current one, is the violence of it. This is why Corporate Bonds and Aggregate Bonds are looking inadequate as diversifiers during these violent pull backs. Only safe haven, as in 2008 looks to be Treasuries. Case in point today...
by tombonneau
Mon Mar 09, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: BND Fell Today
Replies: 143
Views: 13409

Re: BND Fell Today

Is there a vanguard bond fund that only holds US treasury instruments of varying maturities? Do people here who are holding US govt instruments use bond funds at all or hold them directly? I lingered and hemmed and hawed for months but finally moved from VBILX (50/50 govt Corp) into Intermediate Tr...
by tombonneau
Mon Mar 09, 2020 3:33 pm
Forum: Investing - Theory, News & General
Topic: Is now a dumb time to move from Intermediate Bond to Int Treasuries?
Replies: 14
Views: 1580

Re: Bond funds and asset-allocation

Just pulled the trigger. Felt good to be out of corporates. Even though VBILX is IG, 25% is BBB/Baa and who knows what lurks beneath ... tombonneau: Much more important than selecting among two good bond funds, is selecting a stock/fixed-income allocation that you can stick with in corrections and ...
by tombonneau
Mon Mar 09, 2020 3:26 pm
Forum: Investing - Theory, News & General
Topic: Anyone building a watch list of what to buy with stocks cratering?
Replies: 44
Views: 3347

Re: Anyone building a watch list of what to buy with stocks cratering?

Cruise ships and airlines. Go for it! Let me know how it plays out. If I bought stocks, this is what I would do. Just plow some cash into the top three of each. These are still well run companies with strong fundamentals. People will take cruises again. People will fly again. This isn't rolling the...
by tombonneau
Mon Mar 09, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: Is now a dumb time to move from Intermediate Bond to Int Treasuries?
Replies: 14
Views: 1580

Re: Is now a dumb time to move from Intermediate Bond to Int Treasuries?

VBILX is about 53% gov't bonds as it is, so you'd only be shifting ~5% of your overall AA from investment-grade bonds to Treasuries. I say pull the trigger. The difference is minimal. I hold VGIT (Vanguard Intermediate-Term Gov't) and have been pleased with it, though not nearly as pleased as I wou...
by tombonneau
Mon Mar 09, 2020 11:48 am
Forum: Investing - Theory, News & General
Topic: Is now a dumb time to move from Intermediate Bond to Int Treasuries?
Replies: 14
Views: 1580

Re: Is now a dumb time to move from Intermediate Bond to Int Treasuries?

Since reading Swensen & Swedroe late last year, I've really warmed up to shifting from an Intermediate Aggregate Bond (VBILX) into a pure Intermediate Treasury fund (VSIGX). Mostly due to not wanting any corporate bond exposure. And then of course the bonus reason ironically being because of ho...
by tombonneau
Mon Mar 09, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: Is now a dumb time to move from Intermediate Bond to Int Treasuries?
Replies: 14
Views: 1580

Is now a dumb time to move from Intermediate Bond to Int Treasuries?

Since reading Swensen & Swedroe late last year, I've really warmed up to shifting from an Intermediate Aggregate Bond (VBILX) into a pure Intermediate Treasury fund (VSIGX). Mostly due to not wanting any corporate bond exposure. And then of course the bonus reason ironically being because of how...
by tombonneau
Wed Mar 04, 2020 4:19 am
Forum: Investing - Theory, News & General
Topic: Hottest Bond Market in History Is Starting to Make Some Nervous
Replies: 63
Views: 7034

Re: Hottest Bond Market in History Is Starting to Make Some Nervous

Figure may as well ask here as I've got the eyeballs of what I consider the two most intelligent bond board posters in @garland and @watchnerd: When I make the exchange over from VBILX to ITTs is there anything I should be aware of for timing-wise so I don't shoot myself in the foot? I'm not referr...
by tombonneau
Tue Mar 03, 2020 2:01 pm
Forum: Investing - Theory, News & General
Topic: Hottest Bond Market in History Is Starting to Make Some Nervous
Replies: 63
Views: 7034

Re: Hottest Bond Market in History Is Starting to Make Some Nervous

You should be more nervous about the corporate debt bubble. This is my concern. I won't pretend to have any keen insight into how the intricacies of corporate debt, buybacks, etc. work, but I just know I have the same feeling I had working at an internet start-up in 99-00 and when I was at Countryw...
by tombonneau
Sat Feb 29, 2020 12:36 pm
Forum: Investing - Theory, News & General
Topic: Clements: Don't Lose It. (On Controlling Emotions in Market Turmoil)
Replies: 5
Views: 994

Re: Clements: Don't Lose It. (On Controlling Emotions in Market Turmoil)

Eagle33 wrote: Fri Feb 28, 2020 10:52 pm You have optimized your AA when you spend half your time wishing you had more equities, and the other half of your time wishing you had more bonds.
No one ever bet too much money on a winning horse.
by tombonneau
Sat Feb 29, 2020 12:27 pm
Forum: Investing - Theory, News & General
Topic: Are you glad to have bonds in your AA? I am.
Replies: 76
Views: 4836

Re: Are you glad to have bonds in your AA? I am.

I’m a relatively conservative younger accumulator with a high savings rate. Have held a globally diversified 70/30 portfolio for years. After extensive research, last year I moved my bond allocation from Vanguard’s recommended US and international (hedged) index split into 100% long-term U.S. Treas...
by tombonneau
Wed Feb 26, 2020 6:44 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 532
Views: 51400

Re: The Calm Post - Stay the course thread.

I'm 90/10 (mostly VTWAX), 43, modest six-figure portfolio, and I'm left wondering what all the fuss is about for accumulators. I plan to run the numbers and contribute to my 401k funds today or tomorrow per usual. HSA and IRA contributions should hit shortly after. I don't know maybe when I run my s...
by tombonneau
Wed Feb 26, 2020 4:57 am
Forum: Investing - Theory, News & General
Topic: What would you do? [lump sum, DCA, or ?]
Replies: 45
Views: 3494

Re: What would you do?

Lump sum in the midst of market downswing is great for the econ automatons; less so in the real world for humans and their retirement savings. If it were me, I would set a DCA schedule and just average back in at whatever interval you are comfortable with. For me, I'd probably do four weekly or bi-w...
by tombonneau
Tue Feb 25, 2020 3:30 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 324742

Re: Coronavirus and the market

watchnerd wrote: Tue Feb 25, 2020 1:38 am
hagridshut wrote: Mon Feb 24, 2020 5:04 pm I keep a couple weeks worth of non-perishable foods that I eat on a regular basis. The supply gets rotated and resupplied every week.
Isn't resupplying non-perishable food on a weekly basis just grocery shopping?
😂
by tombonneau
Mon Feb 24, 2020 1:25 pm
Forum: Investing - Theory, News & General
Topic: "Rebalance" vs "Market Timing"
Replies: 21
Views: 1486

Re: "Rebalance" vs "Market Timing"

There was an article on Kitces.com posted a few years ago about re-balancing and that indicates using 20% relative is the sweet spot. https://www.kitces.com/blog/best-opportunistic-rebalancing-frequency-time-horizons-vs-tolerance-band-thresholds/ Great link with some good data. Thanks for passing a...
by tombonneau
Thu Feb 13, 2020 6:16 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 13299
Views: 1028548

Re: U.S. stocks continue to soar!

Well, I officially crossed $500k net worth today. I immediately started thinking of how excited I was about getting to $100k in 2007 - it was so much fun, I did it again in 2011. Upvoted for joke and username. :beer How many years did it take you to $100k? I've got $42k and hoping for 100 in 5 year...
by tombonneau
Thu Feb 13, 2020 6:05 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 13299
Views: 1028548

Re: U.S. stocks continue to soar!

Independent George wrote: Wed Feb 12, 2020 10:31 pm Well, I officially crossed $500k net worth today. I immediately started thinking of how excited I was about getting to $100k in 2007 - it was so much fun, I did it again in 2011.
Upvoted for joke and username. :beer
by tombonneau
Wed Feb 12, 2020 2:55 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1439
Views: 133724

Re: Well, I am market timing... Wish me luck.

Not sure if it's been posted on this thread, but this game is:

a) A fun time-waster;
b) A sobering (and free!) realization that it's impossible to time the market

https://www.personalfinanceclub.com/tim ... rket-game/
by tombonneau
Wed Feb 12, 2020 1:47 pm
Forum: Investing - Theory, News & General
Topic: Does International investment still make sense?
Replies: 312
Views: 16107

Re: Does International investment still make sense?

If two of Google, Apple, Amazon or Microsoft were ex-US, these threads would never happen. S&P is so top-heavy that betting on US-only is basically like betting on two companies. In 20-30 years the top 5 companies will 100% be different. Some Black Mirror company is plugging a chip into your te...
by tombonneau
Wed Feb 12, 2020 12:54 pm
Forum: Investing - Theory, News & General
Topic: Does International investment still make sense?
Replies: 312
Views: 16107

Re: Does International investment still make sense?

If two of Google, Apple, Amazon or Microsoft were ex-US, these threads would never happen. S&P is so top-heavy that betting on US-only is basically like betting on two companies. In 20-30 years the top 5 companies will 100% be different. Some Black Mirror company is plugging a chip into your tem...