Search found 14 matches

by Cochese
Wed Oct 23, 2019 5:38 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Funds: They May Not Enhance Asset Allocation
Replies: 15
Views: 1828

Re: Emerging Market Funds: They May Not Enhance Asset Allocation

I asked PortfolioVisualizer to find me what would have been the optimum allocation between these mutual funds Jan 1995 - Sep 2019. I forced the allocation of Total Bond to be 40% but let PortfolioVisualizer vary the other four. VTSMX Vanguard Total [US] Stock Mkt Index VEURX Vanguard European Stock...
by Cochese
Wed Oct 23, 2019 4:53 pm
Forum: Personal Investments
Topic: Bond funds: Additional yield per year of duration
Replies: 8
Views: 683

Re: Bond funds: Additional yield per year of duration

The additional yield per year of duration rule of 20 bps or whatever was in Larry’s bond book is antiquated. Not to mention it has failed for the past 30 yrs. The people holding bonds with greater interest rate risk to reduce the volatility of their stock heavy portfolio have been well rewarded wit...
by Cochese
Wed Oct 23, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: Emerging Market Funds: They May Not Enhance Asset Allocation
Replies: 15
Views: 1828

Re: Emerging Market Funds: They May Not Enhance Asset Allocation

I asked PortfolioVisualizer to find me what would have been the optimum allocation between these mutual funds Jan 1995 - Sep 2019. I forced the allocation of Total Bond to be 40% but let PortfolioVisualizer vary the other four. VTSMX Vanguard Total [US] Stock Mkt Index VEURX Vanguard European Stock...
by Cochese
Wed Oct 09, 2019 6:54 pm
Forum: Investing - Theory, News & General
Topic: INTERNATIONALS 20% of Equities or 20% of Portfolio?
Replies: 57
Views: 3721

Re: INTERNATIONALS 20% of Equities or 20% of Portfolio?

Mr. Bogle's recommendation was no more than 20% of equities https://i.postimg.cc/MGDvTw0g/20.png There it is. Jack Bogle recommended zero to twenty percent of equities in international. I will never understand the thinking of the New Age Progressive Market Weight Zealots. Maybe ex US will outperfor...
by Cochese
Wed Sep 18, 2019 6:01 pm
Forum: Investing - Theory, News & General
Topic: Spike in Repo Rates [Fed Overnight Repurchase agreement]
Replies: 137
Views: 12941

Re: Spike in Repo Rates

All the talk we've heard of late regarding predictions that stock returns will be 3-4% real over the next decade shouldn't be too surprising to anyone because that's exactly where we've gotten over the last ~20 years. Also, returns have not averaged 16% for the last decade. Since 2009, U.S. stocks ...
by Cochese
Fri Aug 30, 2019 6:15 pm
Forum: Investing - Theory, News & General
Topic: Bond Investors Making A Killing
Replies: 85
Views: 10178

Re: Bond Investors Making A Killing

Vineviz has been recommending LTT since before the recent rate drop, when 90% of this forum was screeching that “rates can only go up!”

He is not the bond market timer here.
by Cochese
Mon Aug 12, 2019 12:55 pm
Forum: Personal Investments
Topic: Should Bonds be removed from Asset Allocation
Replies: 49
Views: 3717

Re: Should Bonds be removed from Asset Allocation

What is going on now that is making you rethink your asset allocation plan? Maybe the fact that the bond bubble has reached absurd levels?? So, based on your interpretation of "absurd", have you removed bonds from your asset allocation? What was it before? What is it now? What has to happen before ...
by Cochese
Mon Jul 29, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 300848

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Why not add dollars to your original strategy instead? The original strategy is an Excellent Adventure. I'd prefer for the rest of my money to be on a Somnolent Journey by comparison. How do you feel about the bias to corporate bonds? If it existed, would you not prefer a pure long-treasury StockPL...
by Cochese
Fri Jul 26, 2019 7:27 pm
Forum: Investing - Theory, News & General
Topic: De-Risking and Diversification aren't the same thing.
Replies: 106
Views: 8664

Re: De-Risking and Diversification aren't the same thing.

It’s amazing to me that some of the most controversial threads on these forums are about long term treasuries. Not tilts, not actively managed funds, but treasuries. I suspect there are a lot of people trying to justify timing interest rates to themselves, despite knowing it’s not very Boglehead-ish...
by Cochese
Fri Jul 26, 2019 6:44 pm
Forum: Investing - Theory, News & General
Topic: De-Risking and Diversification aren't the same thing.
Replies: 106
Views: 8664

Re: De-Risking and Diversification aren't the same thing.

Vanguard is very clear about EDV: The fund is primarily intended for institutional investors with extremely long-term liabilities—20 years or more. Prospective individual investors are urged to consult with their own advisors to determine if the fund is suitable for their overall investment program...
by Cochese
Thu Apr 05, 2018 9:07 pm
Forum: Personal Investments
Topic: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?
Replies: 93
Views: 7499

Re: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?

.............. For those of you that missed it before the edit, he said four other people were following this guru and had a combined net worth of over 50 million. This is in no way addresses survivorship bias. Recognizing that some people have made huge amounts of money, far faster than this perso...
by Cochese
Thu Apr 05, 2018 8:23 pm
Forum: Personal Investments
Topic: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?
Replies: 93
Views: 7499

Re: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?

This is just another perspective. It is possible to beat the market by investing in individual growth stocks. I know someone with a NW higher than the OP who has beaten the market consistently over the last 30+ years (except in 1987, 2000 and 2008). He retired early and spends all of his day as an ...
by Cochese
Wed Sep 20, 2017 7:15 pm
Forum: Personal Investments
Topic: 24F Looking to start an aggressive portfolio
Replies: 31
Views: 3460

Re: 24F Looking to start an aggressive portfolio

At E3 you are in a low tax bracket and if you're living off base a large portion of your income is going to be non-taxable BAH, BAS, and possibly COLA. Investing 100% Roth makes sense. When I was in the military there was no Roth TSP, so it's nice that you have that option. In my situation, I had a ...