Search found 88 matches

by InvestInPasta
Thu May 07, 2020 6:55 pm
Forum: Non-US Investing
Topic: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?
Replies: 24
Views: 1309

Re: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?

Hustlinghustling wrote:
Tue May 05, 2020 7:01 pm
what’s a harmonized etf?
Look for "UCITS" in the name of the ETF and it's fine, it's harmonized.
by InvestInPasta
Tue May 05, 2020 5:21 am
Forum: Non-US Investing
Topic: International diversify but not many low cost foreign index fund available in Thailand. Any suggestion please.
Replies: 8
Views: 1108

Re: International diversify but not many low cost foreign index fund available in Thailand. Any suggestion please.

I'm living in Thailand (non Thai), and use IB, so I have experience here. If you use an international broker like IB, the withholding tax is no problem because • For Ireland domiciled funds, the fund withholds 15% from US company shares instead of the 30%, so the withholding tax is not an issue the...
by InvestInPasta
Tue May 05, 2020 3:45 am
Forum: Non-US Investing
Topic: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?
Replies: 24
Views: 1309

Re: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?

you will pay 26% on capital gain and 26% on dividend payouts of equity based ETF domiciled in Ireland. That's it! Both taxes are paid to the Italian government, not to the US. Investors in funds that hold US assets should be aware that the fund itself, internally, pays a 15% witholding tax to the U...
by InvestInPasta
Mon May 04, 2020 7:51 pm
Forum: Non-US Investing
Topic: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?
Replies: 24
Views: 1309

Re: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?

I would buy the ETF from Italian stock exchange, VUSA.MI or VUAA.MI the bank told me that to buy I have to pay 2€ and to sell 2€, when I'll sell the ETF I will pay the capital gain 26%, and for the dividend it's about 45% taxes (the dividend amount goes on my bank account and I'd decide if to inves...
by InvestInPasta
Mon May 04, 2020 7:12 pm
Forum: United Arab Emirates
Topic: Saxo vs IB
Replies: 22
Views: 4371

Re: Saxo vs IB

IB forever
Saxo is more expensive and its custody fee is a portfolio killer.
by InvestInPasta
Fri May 01, 2020 7:55 pm
Forum: Non-US Investing
Topic: [Non-US] Would adding US treasuries give a diversification benefit?
Replies: 14
Views: 1323

Re: [Non-US] Would adding US treasuries give a diversification benefit?

UK investor Aged 72-retired 16 years Used Vanguard Global Bond Index Fund hedged the Pound for the only constituent of my Bond portfolio for many years Made my pile so it is in fact 65% of my Portfolio Done over 4% pa for the last 10 years Simple,cheap and easy to follow and understand May be too m...
by InvestInPasta
Fri May 01, 2020 7:43 pm
Forum: Non-US Investing
Topic: IB account deposit rejected
Replies: 7
Views: 832

Re: IB account deposit rejected

Hi folks, new to all this. I am currently based in Qatar and opened an IB account to transfer money from my Qatar bank into. I set up a deposit to paid in GBP and it got rejected. Im hoping this is teething issues. Anyone else had any issues with their bank wire setup? Have you opened an European I...
by InvestInPasta
Sun Apr 05, 2020 3:49 pm
Forum: Investing - Theory, News & General
Topic: Your Investment Adviser’s Dirty Secret
Replies: 77
Views: 9827

Re: Your Investment Adviser’s Dirty Secret

The article might have had a greater impact if it didn't have a grammatical error in the third sentence. :oops: Gill Noted. “your” should be “you’re” An edit was requested. Rick IMO it looks more like a typo rather than a grammatical error. Nice article, anyway I have realized that some people pref...
by InvestInPasta
Sat Apr 04, 2020 9:47 pm
Forum: Investing - Theory, News & General
Topic: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?
Replies: 97
Views: 4189

Re: If you could go back to 1/1/2000 and buy just one asset category -- gold, stocks, or bonds -- which would you pick?

With the benefit of the hindsight, but without looking at portfolio visualizer, in 2000 I would have bought long term Trasury bonds.
by InvestInPasta
Sat Apr 04, 2020 9:37 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on Investing in Real Estate
Replies: 25
Views: 6762

Re: Jack Bogle on Investing in Real Estate

The link in OP is showing latest news now. Anyway I've just found this video with Bogle about Real Estate. https://video.foxbusiness.com/v/4614039/#sp=show-clips Main points he makes are: 0:20 "cash is a terrible investment" 1:26 he wouldn't invest into real estate (physical) because it has no liqui...
by InvestInPasta
Sat Apr 04, 2020 9:09 pm
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 155
Views: 20932

Re: Where's Warren Buffett During This Crisis?

Wow, only down 2.5%.. .You either are not invested much in stocks or you are doing something magical other than indexing? Fill us in :) The first one. I have only 3% in stocks (ETF), and 17% in a mix of ig+hy aggregate bonds (no ETF) Stocks were down 30%,, it's a -1% of my portfolio Bonds were down...
by InvestInPasta
Wed Mar 18, 2020 10:12 pm
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 155
Views: 20932

Re: Where's Warren Buffett During This Crisis?

He's probably a bit unsure right now since he said in an interview that he's never seen a situation like this. I wonder in what way he has never seen a situation like this. He was born in 1930, when he was 10 years old he had to go through the 2nd world war for 5 years. Hasn't he said he bought his...
by InvestInPasta
Wed Mar 18, 2020 9:57 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 33497

Stampede to get out: bond ETFs get crushed in selloff

It's happening for bonds ETF https://www.reuters.com/article/us-health-coronavirus-funds/stampede-to-get-out-bond-etfs-get-crushed-in-selloff-idUSKBN2152UC Stampede to get out: bond ETFs get crushed in selloff But the violent swings in bond markets in recent weeks has taken a toll on some of these w...
by InvestInPasta
Wed Mar 18, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 155
Views: 20932

Re: Where's Warren Buffett During This Crisis?

Maybe we will hear from him when there will be blood in the streets, when everybody will be fearful and scared to death. :beer

He will be greedy when the others will be fearful. :greedy

BTW my portfolio is down only 2.5% and I am already starting to be fearful. :mrgreen:
by InvestInPasta
Thu Feb 20, 2020 2:47 am
Forum: Investing - Theory, News & General
Topic: GMO: Total Bond VBTLX Too Risky Now?
Replies: 38
Views: 2917

Re: GMO: Total Bond VBTLX Too Risky Now?

watchnerd wrote:
Tue Feb 18, 2020 11:14 pm
I don't know how GMO retains clients after being so far off base for so long.
GMO forecast is a joke viewtopic.php?t=254136
by InvestInPasta
Sun Feb 09, 2020 7:09 am
Forum: Non-US Investing
Topic: 70% of my portfolio is in REITs, should I rebalance?
Replies: 19
Views: 2163

Re: 70% of my portfolio is in REITs, should I rebalance?

If you have deep knoledge of what you invested in and how the companies in the REIT fund are managed I wouldn't be so worried about investment concentration. :wink: If you don't know it might be better to diversify more. That said, I guess a Japanese guy who had allocated 70% in Japan REIT in 1989 h...
by InvestInPasta
Tue Feb 04, 2020 5:23 am
Forum: Investing - Theory, News & General
Topic: Why many inheritances don't last past 3 generations
Replies: 144
Views: 17953

Re: Why many inheritances don't last past 3 generations

As an example of why this occurs, my wife worked for a longstanding family run business where the two kids came in at 10am, left for lunch at noon, then called it a day around 3pm, every day. When the parents retired, my wife quit, and these two captains of industry managed to run the business into...
by InvestInPasta
Sat Jan 25, 2020 12:31 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett Does Recommend The 90/10 Portfolio
Replies: 109
Views: 17488

Re: Warren Buffett Does Recommend The 90/10 Portfolio

He is planning on leaving her $100,000,000.00 you can allocate whatever you want when you’re in your 70’s or 80’s with a hundred million. Probably not the best advice for the average person. The absolute amount of money isn’t relative since he talks about a 3 or 4% withdrawal rate. From an intervie...
by InvestInPasta
Sat Jan 25, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: S&P500 5Y average annual Earnings Growth Rate on Vanguard site is 10.8%, but Shiller data says 5.6%
Replies: 0
Views: 306

S&P500 5Y average annual Earnings Growth Rate on Vanguard site is 10.8%, but Shiller data says 5.6%

Hello, I'm looking at Vanguard site for the S&P500 ETF It says: "Earnings on growth rate" is 10.8% ( "The average annual rate of growth in earnings over the past five years for the stocks in a portfolio." ) https://i.imgur.com/Pr9p0K5.png But according to Shiller data the n ominal annual earnings gr...
by InvestInPasta
Sat Jan 18, 2020 9:49 pm
Forum: Non-US Investing
Topic: Dalio/Robbins All-Seasons Portfolio [Europe]
Replies: 32
Views: 6951

Re: Dalio/Robbins All-Seasons Portfolio [Europe]

IMHO the big problem building any kind of Euro portfolio is the yield of Euro Govies. Have a look at the Yield to Maturity of the 25+ years Gov. Bonds https://i.imgur.com/nUkDm6L_d.jpg?maxwidth=640&shape=thumb&fidelity=medium An amazing 0.92% gross . From which you have also to subtract the cost of ...
by InvestInPasta
Mon Jan 13, 2020 6:52 pm
Forum: Investing - Theory, News & General
Topic: Rob Arnott on value investing and the Achilles' heel of market cap indexing (Morningstar podcast)
Replies: 63
Views: 6776

Re: Rob Arnott

Jack Bogle's Words of Wisdom: "Rob Arnott is a brilliant academic and the greatest marketer I've ever met." From the same interview :wink: Jack Bogle speaking of Rob Arnott: I wish I was as sure of anything as he is of everything. - https://www.wsj.com/articles/rob-arnott-godfather-of-smart-beta-te...
by InvestInPasta
Tue Oct 08, 2019 3:38 am
Forum: Investing - Theory, News & General
Topic: Global Stocks — Market Cap vs. Revenue Exposure
Replies: 17
Views: 2554

Re: Global Stocks — Market Cap vs. Revenue Exposure

Where can we find updated data of MSCI ACWI/World revenue exposure?
by InvestInPasta
Wed Oct 02, 2019 2:53 am
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 33497

Re: Index Funds Bubble? [Michael Burry article]

exarkun wrote:
Tue Sep 17, 2019 12:54 pm
Other criticisms center on index funds being overly concentrated in the hands of just a trio of fund companies — BlackRock, State Street Global Advisors and Vanguard.[/i]
In Europe the biggest ones are BlackRock (iShares), Société Générale (Lyxor), Deutsche Bank (Xtrackers)
by InvestInPasta
Sun Sep 15, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 33497

Re: Index Funds Bubble? [Michael Burry article]

columbia wrote:
Sat Sep 14, 2019 8:58 pm
Mr. Swedroe commented on this:
https://www.evidenceinvestor.com/talk-o ... t-hot-air/
So far it's:
Rick Ferri + Ben Carlson + Larry Swedroe
vs
the man of the Big Short.

:beer + popcorn
by InvestInPasta
Sun Sep 15, 2019 2:00 am
Forum: Investing - Theory, News & General
Topic: Different Approaches to Estimating World's Total Market?
Replies: 8
Views: 1656

Re: Different Approaches to Estimating World's Total Market?

I'm really surprised to see that MSCI ACWI GDP Weighted has performed the same as MSCI ACWI, but the former one holds only 26% in US market. :shock: August/2019 Factsheets: - MSCI ACWI GDP Weighted (shows performance compared to MSCI ACWI and country weights: US ~26%) - MSCI ACWI (shows country weig...
by InvestInPasta
Mon Sep 09, 2019 5:49 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 33497

Re: Index Funds Bubble? [Michael Burry article]

I know (from experience) I can tolerate a 2001-style 45% crash or a 2018-style 50% crash; I don’t know whether I could tolerate a 1929-style 90% crash. So, the Burry’s article is leading me, for the first time in 30 years to reconsider my aggressive AA (about 80% stocks; 40% US -including a small-c...
by InvestInPasta
Fri Jul 12, 2019 2:09 am
Forum: Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 35
Views: 10923

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

birdog wrote:
Tue May 28, 2019 6:48 am
I've heard crowdfunding referred to as "a junkier kind of junk bond" by a guest on the MadFientist podcast.
:mrgreen: I agree!
by InvestInPasta
Mon May 27, 2019 8:48 am
Forum: Personal Investments
Topic: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?
Replies: 35
Views: 10923

Re: Financial Samurai Blog -Passive Income Portfolio - is this guy legit or am I going off track?

Also keep in mind that you're comparing your starter portfolio to someone who was in big finance, saved a lot of it, got lucky with the timing on San Francisco real estate, and is already financially independent and wealthy. His realty shares portfolio has over $800,000 invested in it. His stock an...
by InvestInPasta
Fri Jan 18, 2019 10:57 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 60731

Re: John Bogle has died at age 89

I read the news on an Italian forum only now. I'm just literally destroyed by the news. :( I wished he could do another thousands videos and live at least until 100. I've always enjoyed watching videos where he was interviewed. He taught all of us so much. I'll never stop thanking him for all his su...
by InvestInPasta
Thu Oct 04, 2018 4:26 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: 120781

Re: Our International Allocation?

Why is it unnecessary for Americans, but not Japanese or Danish investors, to hold stocks from foreign markets? It can't be a question of size of the market, since Japan got to be nearly half of the world by market cap at one point. So what is the reason for the exception in the case of the US? Tha...
by InvestInPasta
Sun Sep 30, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: CAPE-Based Robert Shiller Bought Italy and Spain Indexes in 2015
Replies: 62
Views: 2910

Re: CAPE-Based Robert Shiller Bought Italy and Spain Indexes in 2015

Duffer: Thank you for your post. It provides more evidence that it is impossible to forecast future returns. A good solution : Buy the market and stay-the-course. Best wishes. Taylor +1 CAPE Of Good Hope https://media-cdn.sygictraveldata.com/media/800x600/612664395a40232133447d33247d383139313734393...
by InvestInPasta
Sun Sep 09, 2018 12:55 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: 120781

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

So, is it "riskier" to invest 100% in U.S. stocks, or is it "riskier" to invest some money in non-U.S. equities? Seems to me it depends on the time frame. From 1999-2008, here are the returns of the S&P 500 vs emerging markets: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4...
by InvestInPasta
Sun Sep 02, 2018 6:01 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: 120781

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

https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=2&startYear=2000&endYear=2009&initialAmount=2000000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&portfolio1=Custom&portfolio2=Custom&portfolio3=Custom&TotalSt...
by InvestInPasta
Sun Sep 02, 2018 5:15 am
Forum: Non-US Investing
Topic: Interactive Brokers why when I send money to my account, the account is under their name?
Replies: 5
Views: 972

Re: Interactive Brokers why when I send money to my account, the account is under their name?

I am originally from Greece, so I can understand why what you want to do is important. Go ahead without delay! Yep! :sharebeer: Mia raza mia faza. :mrgreen: I use interactive brokers. No issues, it's very good although the PC software looks like a DOS environment. Don't expect nice colours and grap...
by InvestInPasta
Sun Sep 02, 2018 4:30 am
Forum: Non-US Investing
Topic: Interactive Brokers why when I send money to my account, the account is under their name?
Replies: 5
Views: 972

Re: Interactive Brokers why when I send money to my account, the account is under their name?

You don't have a "US bank investing account." You have a brokerage account. In the United States, brokerages are separate from banks. You have an account at the broker, and the broker has an account at the bank. You cannot wire the money to yourself because you don't have an account at the bank. Yo...
by InvestInPasta
Sat Sep 01, 2018 3:04 pm
Forum: Non-US Investing
Topic: Interactive Brokers why when I send money to my account, the account is under their name?
Replies: 5
Views: 972

Interactive Brokers why when I send money to my account, the account is under their name?

Hello, I'm opening an InteractiveBrokers account, because I don't trust Italian government anymore. I prefer to keep my savings and financial assets not in Italy. I tried to collect some online info on Interactive Brokers on their website and on other sites. It's a big company, its market cap (26 bi...
by InvestInPasta
Mon Aug 13, 2018 7:00 pm
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 9117

Re: Would buy and hold work if Japan's lost decade happens?

JBTX wrote:
Sat Aug 11, 2018 9:56 pm
My main takeaway is that sometimes the mighty will fall and international diversification may ease the pain.
+1
by InvestInPasta
Thu Aug 09, 2018 4:01 am
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 9117

Re: Would buy and hold work if Japan's lost decade happens?

Beware of what you take for the truth. :beer The article is absolute nonsense, for the following reasons: 1) Dow returns including dividends are freely available online here Anyone can see that from 1929 the Dow took to recover : 25 years (until 1954) - price only not counting inflation (nominal re...
by InvestInPasta
Wed Aug 08, 2018 6:37 pm
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 9117

Re: Would buy and hold work if Japan's lost decade happens?

A lost decade is nothing, the Dow lost 17 years in 1965-1982, and 25 years after the 1929 crash , it had a new maximun only in 1954. Price only, nominal returns. You must be new here. Welcome to the group. This myth has been perpetrated so long, I'm not surprised so many people like you still belie...
by InvestInPasta
Sun Aug 05, 2018 6:40 pm
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 9117

Re: Would buy and hold work if Japan's lost decade happens?

Why do they call it Japan lost decade? :confused It lost 30 years! MSCI Japan today is still under the price it was in the 90s both in USD and in JPY. A lost decade is nothing, the Dow lost 17 years in 1965-1982, and 25 years after the 1929 crash, it had a new maximun only in 1954. Price only, nomin...
by InvestInPasta
Mon Jul 23, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 47
Views: 5552

Re: GMO 7 year forecasts are worse than a toss of a coin

I found a GMO forecast from 2011. It shows these error bars: US Large +/- 6.5 OUT US High Quality +/- 6.0 OUT US Small +/- 7.0 OUT Intl Small +/- 7.0 IN Intl Large +/- 6.5 IN Emerging Markets +/- 10.5 IN Emerging Debt +/- 8.5 IN US Bonds +/- 4.0 IN Index Linked Bonds +/- 1.5 IN Cash +/- 1.5 IN Intl...
by InvestInPasta
Sat Jul 21, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 47
Views: 5552

Re: GMO 7 year forecasts are worse than a toss of a coin

I'm in the minority here who likes and finds value in GMO newsletter. You can learn quite a bit. I certainly don't live by their forecasts, but they help me process the risk involved. But how do they help you? Do you reduce equity exposure of your portfolio based on their forecast? Do you increase ...
by InvestInPasta
Sat Jul 21, 2018 7:19 am
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 47
Views: 5552

Re: GMO 7 year forecasts are worse than a toss of a coin

So what is the point of your post? You say their forecasts are worse than the toss of a coin. One was, one wasn't. I'm not sure what you are trying to prove. Is there any actionable item from your post? No there isn't , this thread is just food for thought. Anyway I appreciated your post, I'm surpr...
by InvestInPasta
Fri Jul 20, 2018 3:52 am
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 47
Views: 5552

Re: GMO 7 year forecasts are worse than a toss of a coin

asif408 wrote:
Tue Jul 17, 2018 11:01 am
FWIW, here is CXO's look at GMO's 1999 forecast: https://www.cxoadvisory.com/3124/indivi ... -forecast/

Not perfect, but pretty good.
Even a broken clock is right twice day.
by InvestInPasta
Tue Jul 17, 2018 4:23 am
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 47
Views: 5552

Re: GMO 7 year forecasts are worse than a toss of a coin

JoMoney wrote:
Mon Jul 16, 2018 11:38 pm
This is old, but in CXO's look at various 'gurus' Grantham didn't fair very well there either
https://www.cxoadvisory.com/gurus/
+1
by InvestInPasta
Mon Jul 16, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecasts are worse than a toss of a coin
Replies: 47
Views: 5552

GMO 7 year forecasts are worse than a toss of a coin

https://pensionpartners.com/wp-content/uploads/2018/07/gmo4.png - ref: https://pensionpartners.com/the-next-7-years/ They basically got 3 forecasts (emerging bond, us bonds and tips) out of 11. :shock: Now I better understand Bogle's words about forecasters like Rob Arnott. When they asked him "How...
by InvestInPasta
Mon Jul 09, 2018 3:22 am
Forum: Investing - Theory, News & General
Topic: You Can Market Time At Valuation Extremes
Replies: 128
Views: 14591

Re: You Can Market Time At Valuation Extremes

But the specificity is high. At low valuations, the probability of high future returns is high. Conversely, at high valuations, the probability of low future returns is high. TRUE. Now how does one monetize that information? It's impossible, I couldn't monetize these kind of informations with Euro ...
by InvestInPasta
Sun Jul 08, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle is not a "buy&hold at any price goose", he looks at valuations, he sold his stocks in year 2000
Replies: 48
Views: 7740

Re: Jack Bogle is not a "buy&hold at any price goose", he looks at valuations, he sold his stocks in year 2000

To be quite fair, that was a generational bull market in bonds that can't happen again due to interest rate floors near 0%. Next time bonds get beat down that hard, sure, pick up some. At their current yields it makes zero sense to me to hold any bonds whatsoever. Hence you don't buy&hold bonds at ...
by InvestInPasta
Sat Jul 07, 2018 5:06 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle is not a "buy&hold at any price goose", he looks at valuations, he sold his stocks in year 2000
Replies: 48
Views: 7740

Re: Jack Bogle is not a "buy&hold at any price goose", he looks at valuations, he sold his stocks in year 2000

Well, how did that decision play out...75% vs 35% stock allocation from 2000 to 2018? I am guessing, but thinking stay-the-course won. Pretty well , actually. The 75/25 portfolio finally pulled ahead in 2017. :| Let's put "Pretty well" in perspective. In order to get a 0.5% more CAGR, the investor ...