Search found 190 matches

by Slowtraveler
Fri Sep 25, 2020 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any investment products can guarantee 2-3% annual return?
Replies: 37
Views: 4271

Re: Is there any investment products can guarantee 2-3% annual return?

Ecuador has 5 year CDs with 8.5% return. Ecuador uses the dollar and has lower debt to gdp than US.

Capital controls and taxes may affect whether or not this is worth it though.
by Slowtraveler
Tue Sep 22, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: Why the Large Difference in Index Funds?
Replies: 5
Views: 1012

Re: Why the Large Difference in Index Funds?

In the same chart, I add in Vanguard's mutual fund version of international developed, which should be identical to their etf version and it tracks Fidelity's international mutual fund very closely. This makes me think it was not applying dividend reinvestment to total return. Thank you.
by Slowtraveler
Tue Sep 22, 2020 9:11 pm
Forum: Investing - Theory, News & General
Topic: Why the Large Difference in Index Funds?
Replies: 5
Views: 1012

Re: Why the Large Difference in Index Funds?

That is very strange.

I go to
https://www.morningstar.com/funds/xnas/ ... erformance

Click interactive chart then the microscope, which allows me to add funds schf and vea.

The returns since 2013 are:
FSPSX +2,031.10 | +20.31%
VEA/IV +12.75 | +0.13%
SCHF/IV +38.27 | +0.38%
by Slowtraveler
Tue Sep 22, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: Why the Large Difference in Index Funds?
Replies: 5
Views: 1012

Why the Large Difference in Index Funds?

I notice FSPSX, Fidelity's developed international index fund, has much higher returns than Schwab or Vanguard's developed international index funds, SCHF and VEA, respectively. Why is this? The 5 year returns are about double but the top holdings don't appear so different. Also, I notice SPTM (SDPR...
by Slowtraveler
Sat Aug 01, 2020 8:20 am
Forum: Personal Investments
Topic: 28 year old with $1.4 million in cash investing for the first time. My thoughts.
Replies: 72
Views: 10433

Re: 28 year old with $1.4 million in cash investing for the first time. My thoughts.

You seem too timid to invest all in stocks. At your age, you should be a minimum of 60-70% stocks. You would've been best off investing in March but you didnt for some reason. I highly recommend Wellesley. It has had a low enough standard deviation that I think you'll feel comfortable holding it. Yo...
by Slowtraveler
Sun Jun 14, 2020 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Prenup? What Should It Say?
Replies: 232
Views: 11850

Re: Prenup? What Should It Say?

You need independent counsel and some time reading deeply about prior court rulings within your jurisdictions and current laws.

Unrelated to a prenup, marriage will likely lower your taxes now but if she gets a 6 figure income, it will work against your finances.
by Slowtraveler
Fri May 22, 2020 8:35 am
Forum: Personal Investments
Topic: Is Chasing Yield Worth It? (Banks)
Replies: 15
Views: 1297

Re: Is Chasing Yield Worth It? (Banks)

I believe the Chase offer deducts the amount of the bonus if the account is closed within 6 months of opening and it has fees to hold below a certain balance so read the fine print for every offer. This was in the Chase fine print.
by Slowtraveler
Thu May 21, 2020 2:36 pm
Forum: Personal Investments
Topic: Is Chasing Yield Worth It? (Banks)
Replies: 15
Views: 1297

Re: Is Chasing Yield Worth It? (Banks)

12% sounds like some kind of urban legend. It's hard to believe. I'm curious to see any more details on that. All of one's I see in the linked post's link that are even close to that rate require direct deposits. The Chase account explicitly has fees and then deducts the value of the bonus if the ac...
by Slowtraveler
Thu May 21, 2020 1:38 pm
Forum: Personal Investments
Topic: Chasing Individual Stocks
Replies: 68
Views: 4870

Re: Chasing Individual Stocks

I agree. The only company I hold anymore is Alphabet and that's a very small percent of my portfolio. I managed to diversify everything else as a breathe if fresh air. All new funds go to the indexes.
by Slowtraveler
Thu May 21, 2020 1:35 pm
Forum: Investing - Theory, News & General
Topic: Impact of legislation delisting foreign companies
Replies: 19
Views: 904

Re: What to do about Alibaba?

Sell immediately and index it.

Vague conditions? You mean refusing to allow independent audits. The accounting risk is absurd, look at Luckin Coffee among many others.

Count your lucky stars and diversify immediately.
by Slowtraveler
Thu May 21, 2020 1:29 pm
Forum: Personal Investments
Topic: Is Chasing Yield Worth It? (Banks)
Replies: 15
Views: 1297

Is Chasing Yield Worth It? (Banks)

I keep a very small amount of cash. Under 1% of net worth. I see Capital One offers an effective 5.3% interest for 90 days on a 10,000 deposit up to 50,000 USD. In relative terms, this is wonderful but after those 90 days, it drops to 1.3%. There's probably some list of all the bank bonuses and peop...
by Slowtraveler
Thu May 21, 2020 1:12 pm
Forum: Personal Investments
Topic: Cash to bonds. But where?
Replies: 13
Views: 1309

Re: Cash to bonds. But where?

Not quite bonds but Capital One High Performance has a 1.3% yield and a $100 bonus after 90 days per $10,000 deposited up to $500. Seems the best yield I've found at the moment so far when including the bonus.
by Slowtraveler
Thu May 21, 2020 10:42 am
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 60
Views: 5095

Re: what to do about 1000s of dandelions/weeds?

You could cover your yard with cardboard, then a foot layer of tree mulch from a tree removal company, then some productive plants like moringa, kale, bananas, etc depending on what climate you're in. Make a nice permaculture garden so you have your own food supply if a coronazombie event happens.
by Slowtraveler
Wed May 20, 2020 5:52 pm
Forum: Personal Consumer Issues
Topic: Dual citizen, USA passport expiring, how to travel internationally
Replies: 72
Views: 4272

Re: Dual citizen, USA passport expiring, how to travel internationally

Maybe I got the name wrong but every time I leave a country, there is a person who looks at your passport for entry stamps and gives you an exit stamp. This is the exit I am referring to. When you exit the US? It's been a while. I can't imagine there is absolutely nobody who does a passport check w...
by Slowtraveler
Wed May 20, 2020 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4609

Re: At 30, what are some key financial milestones I should have hit?

I secede my point about a 5% withdrawal rate being a "should" milestone by 30. In my response to as9, I realized it's not worth it for most people. I was wrong and you were right. I was wrong all along. Mostly sage advice here though. It's about saving enough so you feel comfortable, your ...
by Slowtraveler
Wed May 20, 2020 5:04 pm
Forum: Personal Consumer Issues
Topic: Dual citizen, USA passport expiring, how to travel internationally
Replies: 72
Views: 4272

Re: Dual citizen, USA passport expiring, how to travel internationally

Maybe I got the name wrong but every time I leave a country, there is a person who looks at your passport for entry stamps and gives you an exit stamp. This is the exit I am referring to.
by Slowtraveler
Wed May 20, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 310
Views: 18650

Re: Paul Tudor: Compelling case for bitcoin ?

I tried buying some many times in a 3 figure amount. It was too hard to figure out. There's no way it'll replace money.

Maybe another fiat cryptocurrency but not bitcoin.
by Slowtraveler
Wed May 20, 2020 10:45 am
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4609

Re: At 30, what are some key financial milestones I should have hit?

a 5% w/d rate by 30? How is that even possible? Low expenses. You start working at 15 or so. Save 80%+ until you move out because expenses increase a lot with a roof to pay for. Save 50%+ of your income per year after. Including investment gains, you'll have well over 20 years of expenses as long a...
by Slowtraveler
Wed May 20, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: Dual citizen, USA passport expiring, how to travel internationally
Replies: 72
Views: 4272

Re: Dual citizen, USA passport expiring, how to travel internationally

Apply now, you have time. Otherwise, there are 2 separate processes. Exit and entrance. You need a valid passport that can enter the country you intend to go to visa wise. You show this for your boarding pass and to enter a country. Use your US passport just to pass entrance and exit immigration in ...
by Slowtraveler
Wed May 20, 2020 9:34 am
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4609

Re: At 30, what are some key financial milestones I should have hit?

Saving 50% of income as a minimum. Try the Millionaire Next Door's formula to see if you're prodigious accumulator of wealth: age * income /10. Aim for a score of 2. Honestly, it'd be good to have low expenses. Ideally a 5% withdrawal rate by 30 years old. Once you reach 3%, you can increase expense...
by Slowtraveler
Wed May 20, 2020 9:27 am
Forum: Investing - Theory, News & General
Topic: artificial intelligence ETFs
Replies: 27
Views: 2648

Re: THNQ artificial intelligence ETF

At just 39 holdings, seems easy to buy the components directly and avoid the fee. But why bother? It has a high price to earnings and VTI has huge potential to benefit from AI. Goog and Amzn have bought many and will likely continue to buy many up and coming AI companies. I'm sure Walmart would be h...
by Slowtraveler
Tue May 19, 2020 9:51 am
Forum: Personal Investments
Topic: Vanguard Wellington Fund vs TIAA-CREF?
Replies: 20
Views: 1966

Re: Vanguard Wellington Fund vs TIAA-CREF?

There's so many threads on the Wellington family, anything I'd add is rehash. If it's your only holding, I think you could do a lot worse. It's a fine fund in my eyes but I'd personally want more diversification for those times their portfolio disagrees with my leanings. It's fine last I checked but...
by Slowtraveler
Tue May 19, 2020 9:47 am
Forum: Non-US Investing
Topic: [Thailand] Advice needed on my investment plan
Replies: 25
Views: 1680

Re: [Thailand] Advice needed on my investment plan

My friend said it's like life insurance for the contract time but you keep adding in 12,000 baht a month and you get 5% per year and after 10 or 15 years you can take the money back out. I was there while the bank was quite persistently upsell it to her as she replaced a bank card. It makes sense th...
by Slowtraveler
Tue May 19, 2020 9:41 am
Forum: Investing - Theory, News & General
Topic: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“
Replies: 138
Views: 9629

Re: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“

If you've never been there, you can change that. Go see for yourself, I'm serious. It'll teach you a lot. I've been there. Life outside the major cities is extremely different than inside. Also, all companies are legally required to partner with the party.

Research for yourself.
by Slowtraveler
Tue May 19, 2020 9:17 am
Forum: Investing - Theory, News & General
Topic: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“
Replies: 138
Views: 9629

Re: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“

Way too much accounting risk. The majority of the gdp is fraudulent. The government resorts to building imminently collapsing empty ghost towns where mostly squatters live so investors have some feeling of growth. There are no independent audits. I wouldn't touch with a 10 foot pole. If you want Chi...
by Slowtraveler
Sat May 16, 2020 1:21 pm
Forum: Non-US Investing
Topic: [Thailand] Advice needed on my investment plan
Replies: 25
Views: 1680

Re: [Thailand] Advice needed on my investment plan

I'm happy I could help. The revised weighting seems much broader and better. The expense ratios also seem low enough. I agree that Ireland domiciled etfs are likely a better match for your situation. Chok di! There's something I am curious about regarding TMB bank. Do they have a 5% CD account? I ha...
by Slowtraveler
Sat May 16, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: WFW (Work from Wherever)
Replies: 70
Views: 6606

Re: WFW (Work from Wherever)

Time zone differences are brutal. Aim for somewhere close like within North America or the top of South America. Also, read Publication 54 regarding the foreign earned income exemption. The source of your income is defined as where you perform your services and money paid by an employer in America t...
by Slowtraveler
Fri May 15, 2020 10:54 pm
Forum: Personal Investments
Topic: Vanguard Wellington Fund vs TIAA-CREF?
Replies: 20
Views: 1966

Re: Vanguard Wellington Fund vs TIAA-CREF?

Wellington is amazing as long as it's not your only significant holding.
by Slowtraveler
Fri May 15, 2020 10:52 pm
Forum: Non-US Investing
Topic: [Thailand] Advice needed on my investment plan
Replies: 25
Views: 1680

Re: [Thailand] Advice needed on my investment plan

China refuses to allow independent audits for their companies. I hold 0 in China but the market weight is arround 5%. You are heavily overweighted there with a lot of fraud and accounting risk. I dont see any Pacific or ASEAN in your portfolio, I'd imagine you may want some degree of home stocks to ...
by Slowtraveler
Fri May 15, 2020 10:47 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 11044

Re: Please tell me I'm not crazy

If you need the money, sell the stocks (and get your capital loss deduction!) and exchange from bonds to stocks in retirement account. How many years of expenses do you have in bonds? I do the same as you. I keep 1-2 months of expenses in cash and a few years of expenses in bonds in tax advantaged ...
by Slowtraveler
Sun May 10, 2020 9:14 am
Forum: Personal Consumer Issues
Topic: BJJ -martial art
Replies: 58
Views: 3187

Re: BJJ -martial art

I did BJJ for a few years in my teens. I got assaulted many times through public school and learning thai boxing and BJJ stopped that since I commanded a stronger presence after. Once I left high school and the academic vibe changed, I lost the motivation (studying became a stronger motivation) so I...
by Slowtraveler
Wed May 06, 2020 11:41 pm
Forum: Personal Consumer Issues
Topic: 2020 travel plans
Replies: 95
Views: 4705

Re: 2020 travel plans

So far, I'm in my 3rd country this year. Was planning 5 more but may end up being just 1 or 2 more as slow travel seems the better choice in these times so I can keep a store of food and basic goods if another (expletitive personally removed) lock down happens.
by Slowtraveler
Wed May 06, 2020 8:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Funds Outperform ETF
Replies: 51
Views: 3297

Re: Vanguard Mutual Funds Outperform ETF

Discounts/Premiums are the reasons, as stated above.
by Slowtraveler
Wed May 06, 2020 8:04 pm
Forum: Personal Investments
Topic: How do I get out of home a partnership agreement?
Replies: 42
Views: 3127

Re: How do I get out of home a partnership agreement?

Take the refinance with some interest. Even 25 is okay. You're not getting the whole thing agreed to.

Learn your lesson from this. Trying to help typically leads to problems in these situations.
by Slowtraveler
Wed May 06, 2020 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Dealer won’t give back car titled in my name, how to proceed?
Replies: 71
Views: 5937

Re: Dealer won’t give back car titled in my name, how to proceed?

It is worth $1,000 to know never to entangle yourself with your brother and his money ever again. +1. Similar lessons (with one of my brothers and a childhood best friend) costed me a lot more. He's your brother, but I'd never have a discussion about anything financial with them again. I strongly a...
by Slowtraveler
Wed May 06, 2020 7:54 pm
Forum: Investing - Theory, News & General
Topic: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible
Replies: 45
Views: 5630

Re: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible

A bit disappointed it won't match Fidelity's offerings. A day late and a dollar short. But they're still an amazing, world class bank that is far better integrated than Fidelity. So, both have their benefits. It's better than nothing but they could've beaten Fidelity by just implementing in the same...
by Slowtraveler
Wed May 06, 2020 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Dealer won’t give back car titled in my name, how to proceed?
Replies: 71
Views: 5937

Re: Dealer won’t give back car titled in my name, how to proceed?

Your brother bought a car with the money you loaned him. Take it as a lesson learned and never again repeated. You paid over a thousand dollars for this lesson. Any money you ever give to anybody is likely a gift unless they literally have the money in the bank but need your help for a logistical re...
by Slowtraveler
Wed May 06, 2020 7:43 pm
Forum: Investing - Theory, News & General
Topic: Total market or S&P 500?
Replies: 44
Views: 3829

Re: Total market or S&P 500?

I am currently in S&P500, having switched from TSM in a recent TLH exercise. I will switch back if TLH looks like good plan in the future. One thing I think about: S&P500 is a kind of active investing, right? Someone has "curated" TSM to arrive at S&P500. Seems not to have mat...
by Slowtraveler
Wed May 06, 2020 7:37 pm
Forum: Personal Consumer Issues
Topic: Should you tip landscapers?
Replies: 55
Views: 6020

Re: Should you tip landscapers?

I've never heard of it. You could give a bonus if the job is well done and ahead of schedule. Far more common is to bring them some cold drink or food like lemonade or pizza.
by Slowtraveler
Wed May 06, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: Introducing Schwab Stock Slices™ – Designed to Make Investing Easier and More Accessible
Replies: 45
Views: 5630

Re: Schwab stock slices

It says you can buy up to 10 at a time. Does this mean one is limited to 10 companies in total or can one make 50 transactions of 10 companies each to effectively buy the whole index?
by Slowtraveler
Wed May 06, 2020 7:32 pm
Forum: Investing - Theory, News & General
Topic: Why doesn’t BRK just buy SP500 index fund?
Replies: 37
Views: 3618

Re: Why doesn’t BRK just buy SP500 index fund?

He would've done better for the past decade if had finance wise but he loves his work. Berkshire is likely past its glory and I expect it to under perform the index but life is about more than money. He's happy doing something he loves. He's tap dancing to work.
by Slowtraveler
Wed May 06, 2020 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 10352

Re: How Do Early Retirees Pay for Medical

Moving abroad is one option. Taiwan, Thailand, Mexico, Costa Rica. There's many places where a resident permit via investment is available for an indefinite stay and cheap, quality medical care is available if you look for it.
by Slowtraveler
Wed May 06, 2020 7:24 pm
Forum: Forum Issues and Administration
Topic: Forum Slowdown
Replies: 3
Views: 1101

Re: Forum Slowdown

No problems here.
by Slowtraveler
Wed May 06, 2020 9:26 am
Forum: Investing - Theory, News & General
Topic: What if the market is 100% passive?
Replies: 27
Views: 2155

Re: What if the market is 100% passive?

The proposed situation would be amazing but impossible. Imagine it's 100% passive. Company A is worth $100 now and has a $5 dividend with a 10% earnings yield. In 10 yesrs, let's say it has the same share price because nobody is buying more beyond the original proportion but it is now offering a $15...
by Slowtraveler
Sun May 03, 2020 11:38 pm
Forum: Personal Investments
Topic: Want all stock, no bonds...how to?
Replies: 15
Views: 1583

Re: Want all stock, no bonds...how to?

the drop was only -20% Was -35% top to bottom. It felt draining at times. @OP Go to your 401k investments section online, move from bond to US and/or International. One thing I dont get is why you place international in pretax and US in taxable. You get foreign taxes paid back via the foreign tax c...
by Slowtraveler
Sun May 03, 2020 5:58 pm
Forum: Personal Investments
Topic: Want all stock, no bonds...how to?
Replies: 15
Views: 1583

Re: Want all stock, no bonds...how to?

the drop was only -20% Was -35% top to bottom. It felt draining at times. @OP Go to your 401k investments section online, move from bond to US and/or International. One thing I dont get is why you place international in pretax and US in taxable. You get foreign taxes paid back via the foreign tax c...
by Slowtraveler
Sat May 02, 2020 6:34 pm
Forum: Personal Investments
Topic: Did my semi-annual re-balancing approach just cost me an easy 1.5% portfolio gain?
Replies: 9
Views: 756

Re: Did my semi-annual re-balancing approach just cost me an easy 1.5% portfolio gain?

I personally overrebalanced my 10% bond allocation at >30% drop from the top. I went to all in on stocks. Now, I brought back my 10% allocation to bonds with the run up. Regret doesnt help much. I made a decision to overrebalance if stocks drop excessively. You can make choices for the future but it...