Search found 389 matches

by steve321
Thu Jul 02, 2020 12:49 pm
Forum: Investing - Theory, News & General
Topic: Investing in whiskey
Replies: 18
Views: 814

Re: Investing in whiskey

isn't that true of any investment? What you start saying stuff like this, take that as an indication that you don't understand anything that is going on. if you have money, there are a variety of reasons somebody might want to take your money now and promise to give it back to you later. The key wo...
by steve321
Thu Jul 02, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: Investing in whiskey
Replies: 18
Views: 814

Re: Investing in whiskey

7eight9 wrote:
Thu Jul 02, 2020 12:18 pm
Whisky Invest Direct --- https://www.whiskyinvestdirect.com/#

Yes that's the company I was referring to
by steve321
Thu Jul 02, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: Investing in whiskey
Replies: 18
Views: 814

Re: Investing in whiskey

Kenkat wrote:
Thu Jul 02, 2020 12:16 pm
Pure speculation. If whiskey and bourbon continues to boom, you may be ok; if not, you won’t.
isn't that true of any investment?
VOO: Pure speculation. If the S&P500 continues to boom, you may be ok; if not, you won’t.
by steve321
Thu Jul 02, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: Investing in whiskey
Replies: 18
Views: 814

Re: Investing in whiskey

Silverado wrote:
Thu Jul 02, 2020 12:12 pm
steve321 wrote:
Thu Jul 02, 2020 12:09 pm
firebirdparts wrote:
Thu Jul 02, 2020 12:08 pm
If you do, insure it.
but I wouldn't have it at the home. They store it for me.
No room at home, too much gold.
:D That's a good one, I'll give you that :D
by steve321
Thu Jul 02, 2020 12:09 pm
Forum: Investing - Theory, News & General
Topic: Investing in whiskey
Replies: 18
Views: 814

Re: Investing in whiskey

firebirdparts wrote:
Thu Jul 02, 2020 12:08 pm
If you do, insure it.
but I wouldn't have it at the home. They store it for me.
by steve321
Thu Jul 02, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: Investing in whiskey
Replies: 18
Views: 814

Investing in whiskey

I just got some information regarding the possibility of investing in whiskey for the time of maturation, promising high returns. The company was started by the same guy from whom I bought my gold and it looks serious. Basically here's what they say You will own the whisky as it matures, and when yo...
by steve321
Thu Jul 02, 2020 6:25 am
Forum: Investing - Theory, News & General
Topic: AQR/Asness on the Death of Value...Which Vanguard ETFs to Get?
Replies: 47
Views: 4041

Is value investing dead?

[Merged into existing discussion -- moderator oldcomputerguy] The topic is discussed here: https://www.aqr.com/Insights/Perspectives/Is-Systematic-Value-Investing-Dead However since AQR have value funds to sell, they might not be 100% objective. I am more of a momentum guy by temperament, but since...
by steve321
Thu Jul 02, 2020 3:52 am
Forum: Investing - Theory, News & General
Topic: Anyone stocking real commodities (as inflation hedge and for a doomsday)?
Replies: 24
Views: 1380

Re: Anyone stocking real commodities (as inflation hedge and for a doomsday)?

I feel like this question and a very similar point are always brought up around gold "investing". OP, try using the search bar. Or go to youtube and learn about "Preppers". Come back in 30 days and let us know what you found out. Surfer, I beg to disagree with your reference to gold "investing". My...
by steve321
Wed Jul 01, 2020 6:11 pm
Forum: Investing - Theory, News & General
Topic: Anyone stocking real commodities (as inflation hedge and for a doomsday)?
Replies: 24
Views: 1380

Re: Anyone stocking real commodities (as inflation hedge and for a doomsday)?

I feel like this question and a very similar point are always brought up around gold "investing". OP, try using the search bar. Or go to youtube and learn about "Preppers". Come back in 30 days and let us know what you found out. Surfer, I beg to disagree with your reference to gold "investing". My...
by steve321
Wed Jul 01, 2020 3:11 pm
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: 340
Views: 16975

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

I came across this interesting article on EU stocks. https://www.aqr.com/Insights/Research/Macro-Wrap-Up/Its-Not-Me-Its-EU Complicated stuff though. My mentor Ray Dalio is very strong in macroeconomic thinking (as in everything else); I tend to go for individual stocks analysis. But concerning the ...
by steve321
Wed Jul 01, 2020 2:45 pm
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: 340
Views: 16975

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

I came across this interesting article on EU stocks. https://www.aqr.com/Insights/Research/Macro-Wrap-Up/Its-Not-Me-Its-EU Complicated stuff though. My mentor Ray Dalio is very strong in macroeconomic thinking (as in everything else); I tend to go for individual stocks analysis. But concerning the E...
by steve321
Wed Jul 01, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 79
Views: 7460

Re: Landlords: How are you doing this year?

We have 12 properties and all tenants are paying. Wehadg tenants leaving one maisonette yesterday found new tenants starting today without us needing to go to the place and show it to them (which we preferred not to in this time of Covid 19). Exchanged contracts through the post. So things are fine ...
by steve321
Wed Jul 01, 2020 1:25 pm
Forum: Investing - Theory, News & General
Topic: Anyone stocking real commodities (as inflation hedge and for a doomsday)?
Replies: 24
Views: 1380

Re: Anyone stocking real commodities (as inflation hedge and for a doomsday)?

I want to hang out with BrokenMan sometime. Party at his house. I don’t worry about doomsday scenarios. If the zombie apocalypse comes, I hope they eat me first. I’m just not interested in living in a post-apocalyptic type world. For me life is beautiful no matter what. Just the feeling of being al...
by steve321
Wed Jul 01, 2020 12:39 pm
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 203
Views: 10611

Re: 4% rule - confidence poll

With due respect to all posters in this thread, aren't these numbers a bit pessimistic? In the last couple of years I've had a CAGR for my total liquid investments of 14%. I must have done something right. 8-) Still I am confident that even for allowing for bad years, a CAGR in the region of 8-10% i...
by steve321
Wed Jul 01, 2020 11:52 am
Forum: Investing - Theory, News & General
Topic: 4% rule - confidence poll
Replies: 203
Views: 10611

Re: 4% rule - confidence poll

How many here are very confident that the 4% rule works for a 30 year period in the current environment? How many here would be confident enough to pursue this withdrawal themselves and put it as part of their definitive plans? I do know there are those that aren't, i'm looking for the other side o...
by steve321
Wed Jul 01, 2020 9:36 am
Forum: Investing - Theory, News & General
Topic: Anyone stocking real commodities (as inflation hedge and for a doomsday)?
Replies: 24
Views: 1380

Anyone stocking real commodities (as inflation hedge and for a doomsday)?

I got some interesting observations in my other thread on gold, which made me ponder. :idea: Basically, some BH noted that in case of a big big crisis, commodities like food or toilet paper might come in more handy than gold, which to some extent is understandable. It is also a way to hedge against ...
by steve321
Wed Jul 01, 2020 8:36 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

I once followed someone who claimed to document their investments online here. It turned out to be a waste of time because they started hiding information in real-time. They delayed revealing stuff that made them look bad. Hence, I am skeptical of such threads. ok no problem. Some people asked me y...
by steve321
Wed Jul 01, 2020 8:34 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

As we saw during the first days of Covid, gold is useless. If you have toilet paper, paper towels, cans of food, you can trade for what you need. Nobody wants your gold during those kinds of times. When the power goes out, gasoline and small generators will be in great demand. Again, nobody wants y...
by steve321
Wed Jul 01, 2020 8:17 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

Forester wrote:
Wed Jul 01, 2020 7:57 am
Fairly certain OP is a troll but good luck anyway :beer
If you want to check, you might even be able to find records of my transaction online, based on quantity in my OP.
by steve321
Wed Jul 01, 2020 6:36 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

I think it would be a terrible mistake to have that much gold at home. We are in the territory of professional criminals - safecrackers etc. Unless you could insure it? The possibility of a targeted raid, or worse a home invasion type crime, is awful. Gold is almost the perfect stealable - it can b...
by steve321
Wed Jul 01, 2020 5:51 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

I think it would be a terrible mistake to have that much gold at home. We are in the territory of professional criminals - safecrackers etc. Unless you could insure it? The possibility of a targeted raid, or worse a home invasion type crime, is awful. Gold is almost the perfect stealable - it can b...
by steve321
Wed Jul 01, 2020 5:19 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

Following my earlier post on investing in gold and Zoom, I have developed some doubts on the latter, thanks in particular to those posters who pointed out the high P/E of the company. However, as a momentum investor, I am still quite attracted to the stock so I might still go ahead. Will depend on ...
by steve321
Wed Jul 01, 2020 4:33 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

Concerning gold, I have gone ahead and actually bought physical gold instead of an ETC. Bought 21.4 Kg at a price of 46350 pound sterling/Kg, roughly 57390 dollars/Kg. as safe as it can be. Armed guards looking after it in a safe location. I might at a later date collect it and keep it at home, aft...
by steve321
Wed Jul 01, 2020 3:09 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

Following my earlier post on investing in gold and Zoom, I have developed some doubts on the latter, thanks in particular to those posters who pointed out the high P/E of the company. However, as a momentum investor, I am still quite attracted to the stock so I might still go ahead. Will depend on ...
by steve321
Wed Jul 01, 2020 2:50 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Re: Documenting my investments in real time for future reference: bought my gold

Good luck! Appreciate the openness and willingness to discuss moves not necessarily aligned with BH dogma. thank you! I wish you good luck with your investments too :happy I feel very confident with Amazon and gold at the moment. Slowly selling my GOOG stocks and might double up on Amazon, will see...
by steve321
Wed Jul 01, 2020 2:07 am
Forum: Investing - Theory, News & General
Topic: Documenting my investments in real time for future reference: bought my gold
Replies: 22
Views: 1254

Documenting my investments in real time for future reference: bought my gold

Following my earlier post on investing in gold and Zoom, I have developed some doubts on the latter, thanks in particular to those posters who pointed out the high P/E of the company. However, as a momentum investor, I am still quite attracted to the stock so I might still go ahead. Will depend on t...
by steve321
Tue Jun 30, 2020 5:36 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

Dottie57 wrote:
Tue Jun 30, 2020 5:33 pm
Go for it. Nothing that could possibly go wrong with your choices,
there's always a risk - with index funds too.
by steve321
Tue Jun 30, 2020 5:29 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

Lmao at this thread. Thanks OP, I needed a pick-me-up today. why are you laughing, if I may ask? I am the one who's laughing, since my Amazon stock in particular has done quite a lot better than the market thank you very much. Can you expound on what paradigm shift you’re expecting? https://www.lin...
by steve321
Tue Jun 30, 2020 5:21 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

Steve Reading wrote:
Tue Jun 30, 2020 4:33 pm
Lmao at this thread. Thanks OP, I needed a pick-me-up today.
why are you laughing, if I may ask? I am the one who's laughing, since my Amazon stock in particular has done quite a lot better than the market thank you very much.
by steve321
Tue Jun 30, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

What is your exit strategy? If they go up, how far up before you sell? If they go down, how long until you capitulate? I prefer to play it by hear, as I go along. My plan for gold is to keep it for at least a decade, during which the paradigm shift should play out. I shall be documenting my moves h...
by steve321
Tue Jun 30, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

Would you mind lending me a small million please? Like my mentor Ray Dalio says (quoting a poet) if you give a man a fish, he will eat once, but if you teach a man how to fish, he will eat for the rest of his life. You can do it; you might want to look up transcendental meditation too, perhaps that...
by steve321
Tue Jun 30, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

Have you any experience with Amazon? Have you been dissatisfied with them? Many times when I went out shopping I felt dissatisfied for one reason or another, and I often thought 'this company will not prosper in the log term, because you get a much better experience at Amazon'. These days I buy bas...
by steve321
Tue Jun 30, 2020 5:04 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

I thought mediation was a tool to not take the ego seriously... I thought too, before I visited some monasteries. There I saw monks with huuuge egos, living like royalty, enjoying a devotion and submission from their followers that I as seen nowhere else (compared to them, the politicians or the ca...
by steve321
Tue Jun 30, 2020 4:53 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

It seems like you understand that this type of speculation is antithetical to the purpose and underlying philosophy of the bogleheads forum. My question is, why are you posting this here? For 2 reasons. First, to instill an ounce of doubt in open minded Bogleheads. If, as I documented above, I was ...
by steve321
Tue Jun 30, 2020 4:51 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

Would you mind lending me a small million please? Like my mentor Ray Dalio says (quoting a poet) if you give a man a fish, he will eat once, but if you teach a man how to fish, he will eat for the rest of his life. You can do it; you might want to look up transcendental meditation too, perhaps that...
by steve321
Tue Jun 30, 2020 4:48 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

I read your other thread. I couldn't find where you actually invested in your two stock picks. You said that you were thinking about it. Congratulations if you actually pulled the trigger. How much are you up? Have you sold? Around here you will get much better feedback if you tell us what you did ...
by steve321
Tue Jun 30, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

But please remember, this should not be taken as advice. I might be just lucky, though DW thinks I am a financial genius. 8-) 8-) 8-) And my brother always wins at Blackjack on his Vegas trips. Sounds like you're both geniuses. Thanks man, after all whether I am a genius or not is irrelevant. What ...
by steve321
Tue Jun 30, 2020 4:41 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

It seems like you understand that this type of speculation is antithetical to the purpose and underlying philosophy of the bogleheads forum. My question is, why are you posting this here? For 2 reasons. First, to instill an ounce of doubt in open minded Bogleheads. If, as I documented above, I was ...
by steve321
Tue Jun 30, 2020 4:35 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

[...]Should anyone intelligently disagree with my intuition, I will give their argument serious thought and I am open to reconsider. I'll take a nibble: My concern isn't with your anti-Boglehead philosophy. My concern is that $2M is a lot of money for most of the people on this forum. It's likely a...
by steve321
Tue Jun 30, 2020 4:27 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

OP, on May 24th you posted that you had 5% of your portfolio in gold and had anxiety about that holding. Did you dump it? What makes you so confident now? 5% seems to be about half a million dollars based on some of your other posts, did you increase the amount of gold owned? How do you own it? Wha...
by steve321
Tue Jun 30, 2020 4:22 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

I read your other thread. I couldn't find where you actually invested in your two stock picks. You said that you were thinking about it. Congratulations if you actually pulled the trigger. How much are you up? Have you sold? Around here you will get much better feedback if you tell us what you did ...
by steve321
Tue Jun 30, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

It seems like you understand that this type of speculation is antithetical to the purpose and underlying philosophy of the bogleheads forum. My question is, why are you posting this here? For 2 reasons. First, to instill an ounce of doubt in open minded Bogleheads. If, as I documented above, I was ...
by steve321
Tue Jun 30, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

Re: My next move: 1 M in gold and 1 M in Zoom

It seems like you understand that this type of speculation is antithetical to the purpose and underlying philosophy of the bogleheads forum. My question is, why are you posting this here? For 2 reasons. First, to instill an ounce of doubt in open minded Bogleheads. If, as I documented above, I was ...
by steve321
Tue Jun 30, 2020 3:50 pm
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: 340
Views: 16975

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

P.S. The phrase "high-risk, low-reward" itself is interesting. What do you think "high risk" means? It means you can't be sure if you'll get a high reward, a low reward, no reward... or a loss. What you write is pretty absurd. Assuming the probability distribution of outcomes is a Gaussian (which i...
by steve321
Tue Jun 30, 2020 3:31 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 3861

My next move: 1 M in gold and 1 M in Zoom

Following my successful investment that I have documented in real time here: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=258102 and which paid very handsomely, 8-) :sharebeer :moneybag :moneybag :moneybag :moneybag I am recording my next intuition. I will be making 2 large investments this ...
by steve321
Tue May 26, 2020 4:17 am
Forum: Investing - Theory, News & General
Topic: Peer to peer lending in this day and age
Replies: 46
Views: 2859

Re: Peer to peer lending in this day and age

US p2p lending structure very different from UK. See the discussion when Lending Circle IPO'd. They won't know what NS&I is. This is an American forum. minimalist is from the Uk I think Yes, he will understand. But we are not carrying this conversation out in the "non US investors" part of the Foru...
by steve321
Mon May 25, 2020 9:15 pm
Forum: Investing - Theory, News & General
Topic: Peer to peer lending in this day and age
Replies: 46
Views: 2859

Re: Peer to peer lending in this day and age

If you have 5 million in assets then no need to sweat it but your P2P holding isn’t going to provide much diversification or move the needle much at all Yeah actually now I remember the main reason we allocated some funds to P2P. It was this: when it came to deciding about cash and cash equivalent ...
by steve321
Mon May 25, 2020 6:48 am
Forum: Investing - Theory, News & General
Topic: The Taleb Asness 'debate' in the light of Bogleheads philosophy
Replies: 146
Views: 7315

Re: The Taleb Asness 'debate' in the light of Bogleheads philosophy

LENDX, SRRIX, AVRPX, QSPRX. If you looked at a model Larry portfolio from today and 2010, they would have almost nothing in common. yes they seem based on opposite philosophies. Btw those 4 funds LENDX, SRRIX, AVRPX, QSPRX all went down this year though they are not supposed to be correlated. Not s...
by steve321
Mon May 25, 2020 6:44 am
Forum: Investing - Theory, News & General
Topic: Peer to peer lending in this day and age
Replies: 46
Views: 2859

Re: Peer to peer lending in this day and age

If you have 5 million in assets then no need to sweat it but your P2P holding isn’t going to provide much diversification or move the needle much at all Yeah actually now I remember the main reason we allocated some funds to P2P. It was this: when it came to deciding about cash and cash equivalent ...
by steve321
Sun May 24, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: Can Taleb's risk mitigation strategy be implemented by retail investors (if so how)?
Replies: 27
Views: 2080

Re: Can Taleb's risk mitigation strategy be implemented by retail investors (if so how)?

No offense, but if you are posting the question on this forum, then it’s best to admit you are way out of your league and focus on the basics. Why swing for the fences when singles and walks will get the job done? Why? Why should you want (or have the right) to mitigate risk if you are a biliionair...