Search found 438 matches

by international001
Wed Oct 17, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advise (30 something) from NL
Replies: 42
Views: 969

Re: Bond ETF from Europe (the Netherlands)?

The Spain case, Wasn't this within some kind of "wrapper" account (maybe a "retirement" account or an "insurance" account) ? the movelment in and out of that "wrapper" would be monitored and taxed (similar to an IRA in the US?) If I remember correctly there was a yearly cost to such account that wa...
by international001
Wed Oct 10, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advise (30 something) from NL
Replies: 42
Views: 969

Re: Bond ETF from Europe (the Netherlands)?

But it seems that soon some europeans brokers will allow you to move money between ETF tax free (Same that currently with funds) I don't follow this. Depending on the investor's country of residence , a switch from one ETF to another might recognise a taxable capital gain which that investor would ...
by international001
Wed Oct 10, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5187

Re: The benefits of international diversification - NOT: Hulbert

I view international as part of the total (public) market like how a company is part of a sector or industry that is part of the total market. Why aren't we talking about the worst performing industries over the last couple of decades and completely divesting from them? +1 Bingo!! Completely irrati...
by international001
Wed Oct 10, 2018 5:11 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advise (30 something) from NL
Replies: 42
Views: 969

Re: Bond ETF from Europe (the Netherlands)?

Yes. Do not slice-n-dice. Buy a total world stock ETF for your equity portion: VWRD or (iShares SWDA + EIMI). Keep it simple. Problem with slice-n-dice is rebalancing. But it seems that soon some europeans brokers will allow you to move money between ETF tax free (Same that currently with funds)
by international001
Wed Oct 10, 2018 4:58 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advise (30 something) from NL
Replies: 42
Views: 969

Re: Bond ETF from Europe (the Netherlands)?

I was stretching for the "no MBS" excuse. You're right. And I really don't mind them. But pure US treasuries and pure US corps LOOKS cleaner. It's simpler. If Ireland Vanguard had a TBM ETF like Ireland Ishares I'd go for it. I love simplicity. Regarding AGGH (my region's Total World Aggregate Bond...
by international001
Tue Oct 09, 2018 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3672

Re: Income (US vs Europe)

Which incomes? You just have to live a bit in Europe and US to notice how unequality is higher in US. In absolute terms, a person with a low income in US is much worse than a person with a low income in Europe
by international001
Mon Oct 08, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3672

Re: Income (US vs Europe)

College reduces disposable income by a little. But health insurance by a lot https://www.beckershospitalreview.com/finance/28k-the-average-price-healthcare-will-cost-a-family-of-4-in-2018.html That's why I'm saying than you are better off in US only after you earn enough. 70%-80% percentile is my cr...
by international001
Mon Oct 08, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 35
Views: 2750

Re: Debunking Bonds in Taxable

So it seems that WCI assumptions is that you invest in bonds for one account, in stocks in the other, no rebalancing, and stocks on tax-sheltered win. I'm not sure how you came to this conclusion. I'm pretty sure that this is not what WCI thinks. :happy It's exactly his example.. using $100k for ea...
by international001
Mon Oct 08, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 35
Views: 2750

Re: Debunking Bonds in Taxable

So it seems that WCI assumptions is that you invest in bonds for one account, in stocks in the other, no rebalancing, and stocks on tax-sheltered win. I think this is a no brainer. Over long term, the benefits of tax-free compounding will always win Now, there is people saying that you should rebala...
by international001
Sun Oct 07, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3672

Re: Income (US vs Europe)

It depends.. US also has the best Universities for top smartest people And health quality is best for those who can afford it. US is more about inequality.. If you are in the top 10% of US you live better than if you are in the top 10% of (average) Europe Comparison goes the other way if you are in ...
by international001
Thu Oct 04, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

I just bought 90 shares of VIOO on Vanguard
Highest bid was $156.15. I did a limit order at $156.22. It got executed at $156.09. Would that be normal?

I didn't see my trade on https://www.etf.com/VIOO#tradability . Any place where I can see them?
by international001
Tue Oct 02, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

StrangePenguin wrote:
Tue Oct 02, 2018 12:48 pm

Out of curiosity, why are you getting the bid price from Yahoo when you could look at (probably fresher) information right there on Fidelity's site?
Because I'm new to this.. and it seemed yahoo was giving the latest time

Which is the best/most up to date way of checking?
by international001
Tue Oct 02, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

How do I buy with a 'marketable limit order' with Vanguard? Is it the same that a stop limit order? I'm not on Vanguard's platform, but I'm assuming it is similar to other platforms I've used. A marketable limit order is not the same as a stop limit order . You are most likely going to enter it as ...
by international001
Tue Oct 02, 2018 4:09 am
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

How do I buy with a 'marketable limit order' with Vanguard? Is it the same that a stop limit order?
by international001
Mon Oct 01, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: What fixed income for taxable account?
Replies: 19
Views: 1652

Re: What fixed income for taxable account?

I haven't looked on it for a while, but I thought it was considering the highest marginal tax possible. But the exact number is beyond the point. That spreadsheet gives me around 0.4% The point is that *any* tax cost will make stocks in taxable not worth it given enough time. The exact number of the...
by international001
Mon Oct 01, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: What fixed income for taxable account?
Replies: 19
Views: 1652

Re: What fixed income for taxable account?

VV VLCAX tax cost is about 0.5% (from morningstar). I have read the thread you told me. But I'm simplifying. Again in my simplification, assume you have them compounding forever and than the CAGR is constant over the years. So no TLH involved. This was my assumption from the beginning. Even if it's ...
by international001
Mon Oct 01, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: What fixed income for taxable account?
Replies: 19
Views: 1652

Re: What fixed income for taxable account?

You also forget for tax sheltered it doesn't come out in 1 marginal bracket....you have to fill up the lower tiers first thus lowering the effective tax. As per livesoft, one can lower their taxable target range through some easy processes such as TLH. Sure.. but my model works whatever marginal ta...
by international001
Mon Oct 01, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: What fixed income for taxable account?
Replies: 19
Views: 1652

Re: What fixed income for taxable account?

Wrong assumptions. I do not pay 0.5% a year on my taxable accounts. I pay 0% tax. Most people should be able to figure out how to pay 0.1% or less tax on the equity fund investments in their taxable account. And most people should be able to figure out how to tax-loss harvest and benefit by even mo...
by international001
Mon Oct 01, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: What fixed income for taxable account?
Replies: 19
Views: 1652

Re: What fixed income for taxable account?

I guess we didn't read the same threads Imagine you have to invest over many years (everything before inflation) 1. stocks, with a CAGR 9% 2. bonds, with a CAGR 5% In taxable you have to pay every year some percentage of the fund (let's assume morningstar tax cost ratio) for 1. 0.5% for 2. 2% You ha...
by international001
Mon Oct 01, 2018 6:53 am
Forum: Investing - Help with Personal Investments
Topic: 40/60 allocation returns ytd
Replies: 29
Views: 4709

Re: 40/60 allocation returns ytd

Two funds that seem to best replicate the Wellesley stock and bond portfolios (as proxies) are: 1. Vanguard High Dividend Yield Index Fund (VHDYX) 2. Vanguard Intermediate-term Bond Index Fund (VBILX) Are you sure? Wellesley shows a historical much higher sharpe ratio For the 10-yr period 2008-2017...
by international001
Mon Oct 01, 2018 6:23 am
Forum: Investing - Help with Personal Investments
Topic: What fixed income for taxable account?
Replies: 19
Views: 1652

Re: What fixed income for taxable account?

Actually, as discussed in other threads, in most cases having stocks on taxable is counterproductive. Most cases, the lower taxes paid does not compensate the tax-free compounding effects you have with stocks in taxable (because stocks give a higher return)
by international001
Mon Oct 01, 2018 6:01 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard reccomend 60:40 US:International ratio?
Replies: 52
Views: 7628

Re: Why does Vanguard reccomend 60:40 US:International ratio?

IF you look at historical data, it doesn't seem to be a real reason to invest in International. You could be worried about black swans events (what if US goes to hell). The 40% international is in the limit when historical performance doesn't degrade much. So I would think 40% is a 'cover-all' strat...
by international001
Mon Oct 01, 2018 5:53 am
Forum: Investing - Help with Personal Investments
Topic: What fixed income for taxable account?
Replies: 19
Views: 1652

Re: What fixed income for taxable account?

I have been very happy not having any fixed income in my taxable account. That way, the top half of my Form 1040 Schedule B has no income shown and I don't pay any income tax on the earnings of my fixed income that shows up in my 401(k) and rollover IRAs. Instead of fixed income in my taxable accou...
by international001
Fri Sep 28, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Bug with Turbo Tax and state admendment
Replies: 1
Views: 217

Bug with Turbo Tax and state admendment

This is for a NC amendment, but I suspect it can exist for any state D400-X asks me : 22. Amount paid with original return (Form D-400, Line 23a) plus additional tax paid after return was filed (Do not include payments of interest or penalties.) In the original D400, I had (24 is $24 higher because ...
by international001
Fri Sep 28, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

vineviz wrote:
Fri Sep 28, 2018 7:19 am
international001 wrote:
Fri Sep 28, 2018 7:15 am
So then you recommend not doing large market orders of VIOV?
No, that's not at all what I'm recommending.

I'm saying VIOV is sufficiently liquid that there is no rational reason NOT to use a market order if you want immediate execution.
Of any size?
by international001
Fri Sep 28, 2018 7:15 am
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

So then you recommend not doing large market orders of VIOV?
by international001
Thu Sep 27, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

Where are you guys seeing the orders being filled?

https://www.etf.com/VIOV#tradability ?

BTW.. why it doesn't display the last 10 trades? (IJS does)
by international001
Thu Sep 27, 2018 5:41 am
Forum: Investing - Theory, News & General
Topic: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]
Replies: 201
Views: 10004

Re: SLYV vs IJS [SPDR vs. iShares S&P 600 Small Cap Value]

I'm happy I reopen this (passionate) thread. I'm getting educated But I still don't have it clear. If I try to sell 1000 shares of VIOV as a *market order*, what will be the spread between the cheapest and the most expensive share I get Reading throughout the comments, it would seem that ETF arbitra...
by international001
Thu Sep 27, 2018 3:44 am
Forum: Investing - Help with Personal Investments
Topic: 40/60 allocation returns ytd
Replies: 29
Views: 4709

Re: 40/60 allocation returns ytd

Kevin8696 wrote:
Fri Sep 14, 2018 11:45 am

Two funds that seem to best replicate the Wellesley stock and bond portfolios (as proxies) are:

1. Vanguard High Dividend Yield Index Fund (VHDYX)
2. Vanguard Intermediate-term Bond Index Fund (VBILX)
Are you sure? Wellesley shows a historical much higher sharpe ratio
by international001
Tue Sep 25, 2018 6:24 am
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4175

Re: 401k: Why not only after-tax?

I understand the difference between effective and marginal tax rate at retirement. This is why I want to have a mix of pre-tax and Roth. My current marginal rate is 24%. I don't know what will it be for retirement, but my bet is that there is an asymmetrical risk. It is possible that goes down a lit...
by international001
Mon Sep 24, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

Well.. even if correlation between stocks and long-term was 1 (portfolio visualizer tells me it's 0.16 , while -0.09 for long term gov bonds; since 1987), I'm still using bonds to decrease return/volatility to the level of my liking (let's say 12%)
by international001
Mon Sep 24, 2018 6:53 am
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

That's my understanding. But this doesn't mean having to pay extra to IRS I have assumed that I have to wear the risk (unless I start doing more complicated things like futures/options). That's why I want to have only high volatility bonds in my portfolio. And I prefer long-term corporate than high ...
by international001
Mon Sep 24, 2018 4:41 am
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4175

Re: 401k: Why not only after-tax?

What do you mean over analyzing? Don't you think it's advantageous? Over the long term, if you get 8% in Roth and 6% on pre-tax, It would make quite a bit difference vs having 7% on both. This would seem to overweight any costs for after-tax -> Roth IRA conversion

YMMV
by international001
Mon Sep 24, 2018 4:21 am
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

Your OP (original post, original poster) does not make your situation clear. --Will you be a US citizen in Europe for a visit? --Will you be retiring to Europe? --Will you keep your US citizenship if you retire to Europe? --Will you surrender your US citizenship if you retire to Europe? Believe the...
by international001
Mon Sep 24, 2018 4:12 am
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

By way of example, imagine so-called "conservative" portfolio that is 30% Vanguard Total Stock Market Index Fund (VTSMX) and 70% Vanguard Long-Term Investment-Grade Fund (VWESX). Over the past 25 years such a portfolio would have had an annualized standard deviation of monthly returns of 7.67%. Bec...
by international001
Mon Sep 24, 2018 4:03 am
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2018&lastMonth=12&endDate=09%2F22%2F2018&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&showYield=false&reinv...
by international001
Sun Sep 23, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap tilt
Replies: 87
Views: 5986

Re: Small cap tilt

I went through portfolio visulizer comparing returns for different 20 years periods (starting 1972) In a few instances, large cap beat small caps, but just by a bit If you are not selective for the data, it seems clear to me pretty clear that small caps are a better bet for long term. For a retireme...
by international001
Sat Sep 22, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4175

Re: 401k: Why not only after-tax?

Yes.. makes sense.. and you brought an extra point. If you are already maxing at $55k, it's better to do Roth because it effectively means more $$ saved (limit is the same whether is taxed or pre-tax) But my point is why even Roth 401k at all. Isn't it better Roth IRA also during your contribution y...
by international001
Fri Sep 21, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2782

Re: Traveling overseas .. credit cards? cash exchange?

Ok.. if I get the chance I'll repeat the experiment
by international001
Fri Sep 21, 2018 6:27 pm
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

Are you retiring in Europe? I ask because recall uncle sugar (US) will take a large bite out of your return if invest in US-domiciled investments from overseas. In this case, believe most recommend not using US-domiciled investments. See wiki: https://www.bogleheads.org/wiki/Outline_of_internationa...
by international001
Fri Sep 21, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

Better bet: Vanguard Long-Term Treasury Index Fund Admiral Shares (VLGSX) I have those. But having too many may backfire. You just have to look at historical efficient frontiers. They offer less return for the same volatility (vs corporate), what it's ok if you own a high % of stocks. But if your p...
by international001
Fri Sep 21, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Re: Best corporate long-term bond fund

Before anybody asks, I want something with high volatility because I'm going to spend it in EUR most likely, anyway And Long term government bonds may make your portfolio way too volatile if you overload in them. Can you explain this a bit? What does EUR have to do with volatility? And I didn't qui...
by international001
Fri Sep 21, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4175

Re: 401k: Why not only after-tax?

An IRA is almost always better, unless your 401k has a fancy fund unavailable elsewhere (maybe a stable value fund). I think maxing a pre-tax 401k and then a Roth IRA is a great goal and diversifies the taxes nicely too. My Roth 401k is pretty good. But as I mentioned in the OP, one of the problems...
by international001
Fri Sep 21, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4175

Re: 401k: Why not only after-tax?

So you don't have an option to do a Roth 401k for the $18.5k? Not sure I follow your mixing comment about your brokerage. If you are saving this much I imagine you are in a tax-bracket where pre-tax money would be useful. Why not stick with your current plan so you have a diverse mix of pre-tax and...
by international001
Fri Sep 21, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4175

Re: 401k: Why not only after-tax?

deltaneutral83 wrote:
Thu Sep 20, 2018 12:59 pm
Also with pre tax you have the option during lean years (taking time off, gap between jobs, retire before 70, etc. etc.) to convert to Roth at an even lower rate than your earning and/or retirement years.
I agree in general.. But right now I think I'll be better by doing only roth for a few years
by international001
Fri Sep 21, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 37
Views: 4175

Re: 401k: Why not only after-tax?

I am confused by your comment about after-tax 401k (different than Roth) and rolling it into a Roth IRA and paying taxes... this is something you can do after maxing a 401k, but why wouldn't you just go straight to Roth 401k to start? Essentially, I'm already contributing from 18k to 54k in after-t...
by international001
Fri Sep 21, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2782

Re: Traveling overseas .. credit cards? cash exchange?

What dates did the transactions post, and what was the published FTF? How do they compare to the MC history exchange rate webpage versus the rate on your statement? ONe transaction minuts after the other What do you mean FTF? Which is the MC exchange rate webpage? I looked at https://www.xe.com/ an...
by international001
Thu Sep 20, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2782

Re: Traveling overseas .. credit cards? cash exchange?

This is incorrect information. Assuming no DCC, the currency conversion is performed by the network, not the issuer. There is no issuing bank “spread “ in this context. The issuing bank receives funds already converted. The issuer may add or subtract a FTF from the default network fee, resulting in...
by international001
Thu Sep 20, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2782

Re: Traveling overseas .. credit cards? cash exchange?

Both Fidelity and Schwab will automatically reimburse those pesky surcharge/terminal fees. They’ve been popping up at some ATMs in Europe, especially Southern Europe, including Italy and Spain recently. I still walk down the street to another ATM with no fees, even though I’d be reimbursed. Are the...
by international001
Thu Sep 20, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: Best corporate long-term bond fund
Replies: 26
Views: 2082

Best corporate long-term bond fund

Before anybody asks, I want something with high volatility because I'm going to spend it in EUR most likely, anyway
And Long term government bonds may make your portfolio way too volatile if you overload in them.

VWESX or VLTCX ?