Search found 125 matches

by foodhype
Wed Sep 19, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?
Replies: 70
Views: 4597

Are unleveraged real estate returns more comparable to stock market returns or just a notch above inflation?

I've read a lot of opinions on the forums claiming that unleveraged real estate returns are comparable to stock market returns and others claiming that unleveraged real estate returns are just barely a notch above inflation and that all of the stock-like return comes from the leverage. Obviously thi...
by foodhype
Tue Sep 18, 2018 1:57 am
Forum: US Chapters
Topic: Jack Bogle Bobblehead
Replies: 24
Views: 3763

Re: Jack Bogle Bobblehead

Would buy
by foodhype
Sun Sep 16, 2018 3:13 am
Forum: Investing - Theory, News & General
Topic: Mega backdoor roth vs Keeping company issued stock
Replies: 9
Views: 757

Re: Mega backdoor roth vs Keeping company issued stock

I also work at one of those. AFAIK you probably cannot treat the vested stock as a contribution to a 401(k). I believe that has be some percentage of your salary. That said, there are other valid reason to sell immediately even when contributing to taxable--namely correlated risk and the fact that ...
by foodhype
Sun Sep 16, 2018 3:10 am
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 94
Views: 17410

Re: What’s the magic savings rate???

I'm in a similar boat: age 26, $170k+ income, $100k in retirement savings.

My approach is: just save everything you don't need. I don't go out of my way to live frugally but still save 50% of my income.
by foodhype
Wed Sep 12, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Mega backdoor roth vs Keeping company issued stock
Replies: 9
Views: 757

Re: Mega backdoor roth vs Keeping company issued stock

I also work at one of those. AFAIK you probably cannot treat the vested stock as a contribution to a 401(k). I believe that has be some percentage of your salary. That said, there are other valid reason to sell immediately even when contributing to taxable--namely correlated risk and the fact that y...
by foodhype
Tue Sep 11, 2018 11:47 pm
Forum: Investing - Theory, News & General
Topic: Do backtesting tools, such as Portfolio Visualizer, reflect currency risk?
Replies: 4
Views: 359

Re: Do backtesting tools, such as Portfolio Visualizer, reflect currency risk?

HEDGEFUNDIE wrote:
Tue Sep 11, 2018 11:42 pm
Everything in PV is denominated in USD, so yes you are seeing the full effect of foreign currency risk.
Does that only apply when using "inflation adjusted"?
by foodhype
Tue Sep 11, 2018 11:33 pm
Forum: Investing - Theory, News & General
Topic: Do backtesting tools, such as Portfolio Visualizer, reflect currency risk?
Replies: 4
Views: 359

Do backtesting tools, such as Portfolio Visualizer, reflect currency risk?

Suppose I do a typical backtest of the global ex-U.S. stock market asset class, or an unhedged ETF tracking that asset class, such as VXUS. Will the standard deviation and visual chart include the currency risk?
by foodhype
Tue Sep 04, 2018 9:50 pm
Forum: Investing - Theory, News & General
Topic: How much impact can venture capital have on a country's public stock market?
Replies: 5
Views: 344

Re: How much impact can venture capital have on a country's public stock market?

In the endless U.S. vs international debate, one point I never see explored in-depth is the impact of new companies that are added to a total stock market index for a country after the companies go public. In particular, if a country is more attractive for venture capital investment, then we should...
by foodhype
Tue Sep 04, 2018 9:32 pm
Forum: Investing - Theory, News & General
Topic: How much impact can venture capital have on a country's public stock market?
Replies: 5
Views: 344

Re: How much impact can venture capital have on a country's public stock market?

In the endless U.S. vs international debate, one point I never see explored in-depth is the impact of new companies that are added to a total stock market index for a country after the companies go public. In particular, if a country is more attractive for venture capital investment, then we should...
by foodhype
Tue Sep 04, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: How much impact can venture capital have on a country's public stock market?
Replies: 5
Views: 344

How much impact can venture capital have on a country's public stock market?

In the endless U.S. vs international debate, one point I never see explored in-depth is the impact of new companies that are added to a total stock market index for a country after the companies go public. In particular, if a country is more attractive for venture capital investment, then we should ...
by foodhype
Tue Sep 04, 2018 7:43 pm
Forum: Investing - Theory, News & General
Topic: Where can I export stock market index data in a spreadsheet format for past years?
Replies: 1
Views: 207

Where can I export stock market index data in a spreadsheet format for past years?

I want to take a reasonable total stock market index for each country over the past few decades and compute for each year what proportion of the total market cap for that country includes new companies (that weren't in the previous year's index). If I have the data in some spreadsheet format, I can ...
by foodhype
Tue Sep 04, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: The impact of future companies on a country's growth prospects?
Replies: 2
Views: 373

Re: The impact of future companies on a country's growth prospects?

This suggests a question: if a country has a market environment that is ideal for new businesses to thrive, how much of that can be captured by the current total market cap of that country? Theoretically, about none of it. Don't forget that the 'total market cap of the country' is no more than the ...
by foodhype
Tue Sep 04, 2018 12:18 am
Forum: Investing - Theory, News & General
Topic: The impact of future companies on a country's growth prospects?
Replies: 2
Views: 373

The impact of future companies on a country's growth prospects?

It stands to reason that a market cannot accurately price what it does not know--or at least that it can estimate some unknowns, but not unknown unknowns. Prices are driven primarily by active investors and much less so by index funds. Thus, prices should reflect the market's expectations of the cur...
by foodhype
Mon Sep 03, 2018 1:44 am
Forum: Investing - Theory, News & General
Topic: What constitutes a haystack? (for stocks)
Replies: 32
Views: 2789

Re: What constitutes a haystack? (for stocks)

I think that the haystack could refer to everything including stocks, bonds, fine art, etc. but it's most useful as a principle when applied to stocks. I think it makes most sense to start with the global market cap and then subtract liabilities. Rationale: https://docs.google.com/document/d/1xZ14aM...
by foodhype
Sun Sep 02, 2018 10:43 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Has anyone studied the long-term impact of foreign tax costs with international equities? To make the analysis uniform, one could just consider tax sheltered investments. I know that in recent years, the foreign tax as a percentage of dividends is something like 6%. Assuming ~3% dividend rate, this...
by foodhype
Sat Sep 01, 2018 7:15 pm
Forum: Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1570

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

These are non issues for the OP who’s plan does not allow in service withdrawal. The option of after tax contribution with automatic in plan roth rollover quarterly is excellent. OP, do you get any company match on salary deferral? Or on after tax contributions? Just make sure that you have your co...
by foodhype
Sat Sep 01, 2018 3:10 am
Forum: Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1570

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

As for taking funds out of the stock market, does your AA call for 100% stocks ? You shouldn't have to do that. If you can do the IPRR online on the day after the contribution is made to your 401K, then taxes should be minimal regardless. I called and verified that my plan does not allow me to do i...
by foodhype
Fri Aug 31, 2018 8:24 pm
Forum: Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1570

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

I just found out that my 401(k) plan at Fidelity allows after-tax non-Roth contributions but does not allow in-service distributions from the after-tax Roth sub-account into a Roth IRA , so I cannot set up a Mega Backdoor Roth IRA. It is unclear if you mis-spoke or if there is a misunderstanding. N...
by foodhype
Fri Aug 31, 2018 7:40 pm
Forum: Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1570

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

I can do it every two weeks if I manually call Fidelity and wait 20-30 minutes, although that seems like a lot of hastle. I feel like I would rather not take funds out of the stock market before the conversion. The taxes are annoying but not going to break the bank. Ask them if you can do it online...
by foodhype
Fri Aug 31, 2018 6:46 pm
Forum: Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1570

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

These are non issues for the OP who’s plan does not allow in service withdrawal. The option of after tax contribution with automatic in plan roth rollover quarterly is excellent. OP, do you get any company match on salary deferral? Or on after tax contributions? Just make sure that you have your co...
by foodhype
Fri Aug 31, 2018 6:40 pm
Forum: Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1570

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

These are non issues for the OP who’s plan does not allow in service withdrawal. The option of after tax contribution with automatic in plan roth rollover quarterly is excellent. OP, do you get any company match on salary deferral? Or on after tax contributions? Just make sure that you have your co...
by foodhype
Fri Aug 31, 2018 4:00 pm
Forum: Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1570

Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

I just found out that my 401(k) plan at Fidelity allows after-tax non-Roth contributions but does not allow in-service distributions from the after-tax no-Roth sub-account into a Roth IRA, so I cannot set up a Mega Backdoor Roth IRA. However, the 401(k) does allow me to set up automatic quarterly Ro...
by foodhype
Fri Aug 31, 2018 1:02 pm
Forum: Personal Investments
Topic: I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidelity?
Replies: 7
Views: 810

Re: I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidel

So if it took me half a year to fill up the After Tax contributions, and the market gained 5% in that time, then that 5% would be taxed as ordinary income? Yes, that 5% would be taxed as ordinary income IF you converted the entire balance of the after tax sub-account to Roth. I noticed the big "IF"...
by foodhype
Fri Aug 31, 2018 12:07 pm
Forum: Personal Investments
Topic: I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidelity?
Replies: 7
Views: 810

Re: I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidel

If I contributed after-tax to the institutional class shares (or any shares for that matter) would I need to liquidate them before distributing them into the Roth? Or would they simply be converted into something else? I mainly just want to avoid capital gains and also avoid spending time out of th...
by foodhype
Fri Aug 31, 2018 11:09 am
Forum: Personal Investments
Topic: I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidelity?
Replies: 7
Views: 810

Re: I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidel

I started doing the standard Backdoor Roth strategy through accounts at Vanguard before I realized I could perform a Mega Backdoor Roth through my 401(k) plan at Fidelity. 1) Can I withdraw from the After Tax 401(k) contributions into the Roth IRA account at Vanguard? Or would I have to create an I...
by foodhype
Thu Aug 30, 2018 11:27 pm
Forum: Personal Investments
Topic: I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidelity?
Replies: 7
Views: 810

I have a Roth IRA account at Vanguard. Will I have any issues performing a Mega Backdoor Roth from a 401(k) at Fidelity?

I started doing the standard Backdoor Roth strategy through accounts at Vanguard before I realized I could perform a Mega Backdoor Roth through my 401(k) plan at Fidelity. 1) Can I withdraw from the After Tax 401(k) contributions into the Roth IRA account at Vanguard? Or would I have to create an IR...
by foodhype
Thu Aug 30, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: Playing with Callan's periodic tables of investment returns
Replies: 81
Views: 10066

Re: Playing with Callan's periodic tables of investment returns

One more. Instead of looking at returns, why not look at premiums (over a benchmark)? Here is the same data as the previous post, but illustrating the relative premium over the returns of the US stock market. http://i.imgur.com/SVCEQ1jh.jpg Ideas for further exploring welcome... This one is the mos...
by foodhype
Wed Aug 29, 2018 10:49 pm
Forum: Investing - Theory, News & General
Topic: How much difference could it actually make to split between growth in taxable and value in tax advantaged?
Replies: 3
Views: 782

Re: How much difference could it actually make to split between growth in taxable and value in tax advantaged?

While in theory that approach makes sense, it is also dependent on their relative performance. Yeah the main issues I have with it are: (1) It's a pain to maintain and keep balanced across accounts, especially if I have more money in one account than the other and want my holdings to represent the ...
by foodhype
Wed Aug 29, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The most interesting things I have considered after reading this thread that I had not considered before were: (1) The paper "International Diversification Works (Eventually)" (https://www.cfapubs.org/doi/pdf/10.2469/faj.v67.n3.1) which makes a strong case that, although the correlation between dome...
by foodhype
Wed Aug 29, 2018 9:23 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

columbia wrote:
Wed Aug 29, 2018 8:49 pm
That's a false dichotomy. You have more than two options.
Also known as a hypothetical.

This is a thought exercise: which choice would you make?
Neither the question nor the answer have utility. I would choose to invest 70% in the U.S. market and 30% in the international market.
by foodhype
Wed Aug 29, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Most posts in this thread ignore an obvious and perhaps the most important fact when considering the US/Intl ratio, the US is the only superpower in the world that holds a huge advantage against the rest of the world not only in economy but also every other aspect including military. The fact that ...
by foodhype
Wed Aug 29, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Most posts in this thread ignore an obvious and perhaps the most important fact when considering the US/Intl ratio, the US is the only superpower in the world that holds a huge advantage against the rest of the world not only in economy but also every other aspect including military. The fact that ...
by foodhype
Wed Aug 29, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I can see Vanguard heading for a world of pain from angry investors some day if Intl. doesn't "revert to the mean" in a few years. Did Vanguard ever explain why they went from 30% International to 40% in their target retirement funds? I believe this change was even after their white paper that indi...
by foodhype
Wed Aug 29, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I can see Vanguard heading for a world of pain from angry investors some day if Intl. doesn't "revert to the mean" in a few years. Did Vanguard ever explain why they went from 30% International to 40% in their target retirement funds? I believe this change was even after their white paper that indi...
by foodhype
Wed Aug 29, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: How much difference could it actually make to split between growth in taxable and value in tax advantaged?
Replies: 3
Views: 782

Re: How much difference could it actually make to split between growth in taxable and value in tax advantaged?

It looks like the approach would be to follow https://www.bogleheads.org/forum/viewtopic.php?f=10&t=158519&p=2848683#p2378776 to compute the tax efficiency of each ETF, do a market cap weighted sum of each, and compare it to that of VTI. I used Morningstar's tax cost ratio, which assumes the highest...
by foodhype
Wed Aug 29, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?
Replies: 29
Views: 2915

Re: Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?

So if I have relatively high income ($160k+) and can't take advantage of tax gain harvesting, use a Vanguard brokerage, and prefer to buy and hold except for rebalancing and occasional tax loss harvesting opportunities, it seems I would be better served with the mutual fund (VTSAX as opposed to VTI...
by foodhype
Wed Aug 29, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?
Replies: 29
Views: 2915

Re: Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?

So if I have relatively high income ($160k+) and can't take advantage of tax gain harvesting, use a Vanguard brokerage, and prefer to buy and hold except for rebalancing and occasional tax loss harvesting opportunities, it seems I would be better served with the mutual fund (VTSAX as opposed to VTI)...
by foodhype
Wed Aug 29, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?
Replies: 29
Views: 2915

Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?

I was under the impression that Vanguard had a patent until 2021 on a strategy where their ETFs track the same assets as an equivalent index fund that should theoretically give them the same benefits, albeit with transaction costs for ETFs. It seems like a no-brainer to just get the equivalent admir...
by foodhype
Wed Aug 29, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I can see Vanguard heading for a world of pain from angry investors some day if Intl. doesn't "revert to the mean" in a few years. Did Vanguard ever explain why they went from 30% International to 40% in their target retirement funds? I believe this change was even after their white paper that indi...
by foodhype
Wed Aug 29, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: How much difference could it actually make to split between growth in taxable and value in tax advantaged?
Replies: 3
Views: 782

How much difference could it actually make to split between growth in taxable and value in tax advantaged?

It won't be perfect, but you could try Vanguard small/mid/large growth funds in taxable and their value complements in tax-advantaged. That would get you: Taxable: VBK: 0.8% VOT: 0.78% VUG: 1.23% Tax-advantaged: VBR: 1.99% VOE: 2.21% VTV: 2.5% Let's suppose for simplicity that your taxable account ...
by foodhype
Wed Aug 29, 2018 11:45 am
Forum: Investing - Theory, News & General
Topic: Any reason to split a total market fund into high dividend stocks in tax advantaged and low dividend in taxable?
Replies: 7
Views: 538

Re: Any reason to split a total market fund into high dividend stocks in tax advantaged and low dividend in taxable?

Where does one find a “low dividend stock fund”? Perhaps that is the answer? It just seems like something that would have been optimized for before. Edit: Actually it does look like this is a decent example: https://investor.vanguard.com/mutual-funds/profile/overview/vtclx It's not really low divid...
by foodhype
Mon Aug 27, 2018 11:11 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

If we believe and argue vigorously that all markets around the globe are reasonably efficient, would anyone be willing to equal weight every country? That would be a compromise from the ne plus ultra of efficient markets, the equal weight every stock in every market in every country around the worl...
by foodhype
Mon Aug 27, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

If we believe and argue vigorously that all markets around the globe are reasonably efficient, would anyone be willing to equal weight every country? That would be a compromise from the ne plus ultra of efficient markets, the equal weight every stock in every market in every country around the worl...
by foodhype
Mon Aug 27, 2018 5:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I just saw lots of post saying some markets like China is not efficient market. They are right. My home country is China. Just share something I know: (1) My father worked at a mid-sized engineering machinery company. He told me that every year the local statistical bureau will inform the company w...
by foodhype
Mon Aug 27, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

One limitation in CAPE is that it doesn't take into account current interest rates or the shift of the U.S. to be more tech sector heavy. The tech sector is expected to have higher P/Es. So it seems like a wash.
by foodhype
Mon Aug 27, 2018 12:38 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

1. Cost: An international index fund is going cost more than a domestic one--ballpark 30 basis point difference in cost, maybe more if I missed something.) 2. Currency risk: tends to wash out over time but adds about 1% volatility with no reward/compensation. 3. Extra risks where we cannot absolute...
by foodhype
Sun Aug 26, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I thought the point of market-cap indexing was trusting the market to determine where to allocate your assets. You have some money and you don't know where to put it. Should you invest in big companies? Small companies? Should you invest equal amounts in the companies you like? Should you trust a p...
by foodhype
Sat Aug 25, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 120801

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

:thumbsup I am not convinced that any market anywhere is 'perfectly' efficient or even very close to it, including that of the U.S. But relatively speaking, believe that the U.S. and a few other major markets are more efficient than many international markets, especially China. Sure but in what way...