Search found 119 matches

by s8r
Thu Feb 13, 2020 3:17 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1766
Views: 197898

Re: [What TV Show Have You Recently Watched?]

Picture quality and the way people dress has changed very little in the past ~10 years. Also Facebook, Youtube, Twitter, etc have changed very little. That is an interesting observation, and true. When I was growing up you could pretty easily pinpoint what year something was happening within about ...
by s8r
Tue Feb 11, 2020 1:24 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1766
Views: 197898

Re: [What TV Show Have You Recently Watched?]

The first episode of Black Mirror was... interesting. The most absurd ransom scenario :D But anyway, it is funny how this series came out already in 2011, but it could have just as easily come out today. Actually, this might be true for most series (and movies) from around that time. Picture quality...
by s8r
Wed Jan 22, 2020 12:58 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1766
Views: 197898

Re: [What TV Show Have You Recently Watched?]

2) Anyone else annoyed when Amazon or Netflix gets what actually appear to be some genuinely good foreign content, and only dubbed versions are available rather than subtitled? I would watch a show (like "Dark" for example) with good dubbing. I would never watch a show (or movie) that was completel...
by s8r
Wed Oct 02, 2019 10:33 am
Forum: Non-US Investing
Topic: Why is small cap value so special?
Replies: 17
Views: 1785

Why is small cap value so special?

What makes small cap value so special? Isn't it just like all the other factors: past outperformance is believed to result in future outperformance. And to achieve this future outperformance an equal amount of market capital that "believes" the factor will in fact under perform is needed. The reason...
by s8r
Thu Sep 12, 2019 4:05 am
Forum: Personal Consumer Issues
Topic: What older products/tools are better than modern equivalents?
Replies: 54
Views: 4627

Re: What older products/tools are better than modern equivalents?

Typing with a cellphone.

Touch screens are just not meant for typing. Typing with them is slower and you make more typos. And you basically can't type while walking. Remember when we could type even without looking at the phone? That's impossible now. :D
by s8r
Tue Jun 04, 2019 5:43 am
Forum: Non-US Investing
Topic: Why house selling prices are generally not public?
Replies: 25
Views: 2116

Re: Why house selling prices are generally not public?

Judging by the responses, in the US house selling prices are in fact public information. I did not know this.

They certainly are not public where I live, except for that narrow database. Only realtors have access to the comprehensive selling prices database(s).
by s8r
Tue Jun 04, 2019 5:25 am
Forum: Non-US Investing
Topic: Why house selling prices are generally not public?
Replies: 25
Views: 2116

Re: Why house selling prices are generally not public?

An example that is unfortunate for buyer A: House X is for sale with an asking price of P. Buyer A considers making an offer of 0.95*P for house X but decides to wait. Buyer B is faster and makes an offer of 0.85*P for house X. Surprisingly, house X is sold to buyer B. Buyer A finds a similar house ...
by s8r
Tue Jun 04, 2019 4:55 am
Forum: Non-US Investing
Topic: Why house selling prices are generally not public?
Replies: 25
Views: 2116

Why house selling prices are generally not public?

Stock prices are public. House prices (actual selling prices) are generally not. Why? In my country there is a free public service which has a small database of actual selling prices for houses and apartments for different postal codes. You generally cannot identify the individual houses/apartments ...
by s8r
Fri May 17, 2019 6:10 am
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 26274

Re: VTSAX or VTWAX over the next 35 years?

:happy Why is this US vs ex-US thing a big issue for US-domiciled investors only? Investors domiciled outside the US are usually far more eager to go 100% world market cap. To my understanding, here the only meaningful difference between a US-domiciled investor and an investor domiciled outside the ...
by s8r
Wed May 15, 2019 1:56 am
Forum: Non-US Investing
Topic: Portfolio based on [fund expenses] (Europe)
Replies: 6
Views: 666

Re: Portfolio based on [fund expenses] (Europe)

Don't choose portfolio C. The reduction in expense ratio isn't worth the complexity.

The expense ratios for portfolios A and B are just a little bit higher than I'm comfortable with, but there aren't really better alternatives. Let's hope costs will come down.

Disclaimer: I have portfolio B.
by s8r
Sun May 12, 2019 1:20 am
Forum: Non-US Investing
Topic: NON-US (Ireland) ETFs - Simplified Ultimate Buy and Hold Porfolio
Replies: 87
Views: 24895

Re: NON-US (Ireland) ETFs - Simplified Ultimate Buy and Hold Porfolio

If you live in -- strictly, are yourself domiciled in -- one of the few countries with a US estate tax treaty then holding US domiciled ETFs above $60k is generally not that risky from the US estate tax perspective. That is actually quite a few countries (15). But no one knows how long these treati...
by s8r
Sat May 11, 2019 6:50 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3530

Re: Why I bet on S&P500

USA has the best people with the best economic policy (capitalism all the way). USA sure does attract the majority of the best talents, but you might be surprised to learn that research says there are as many as 11 countries that have greater economic freedom (more capitalistic) than USA. https://w...
by s8r
Fri May 03, 2019 1:37 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone down-shifted in their career?
Replies: 59
Views: 7987

Re: Has anyone down-shifted in their career?

Btw, why is it called "downshifting"? If you downshift while driving a vehicle, it usually results in increased power output, which makes the expression sound counterintuitive. :happy
by s8r
Thu Apr 25, 2019 9:22 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 18045

Re: Dump international?

In the recent past the US managed to cause two massive stock market crashes in less than a decade. Just saying.
by s8r
Thu Apr 25, 2019 1:50 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 18045

Re: Dump international?

The US vs international debate seems to be much less of an issue among investors living outside the US. Surely this difference cannot be merely due to the advantages a US-domiciled US-only investor has regarding currency risk and cost?

Smells like home bias to me. :happy
by s8r
Tue Apr 23, 2019 5:28 am
Forum: Non-US Investing
Topic: Switzerland - Investment Strategy
Replies: 8
Views: 1427

Re: Switzerland - Investment Strategy

OP, ask yourself if you'd overweight US if it was 2009. Back then US had caused two severe global crashes not too far apart and provided zero returns for the decade. Not very tempting, right? It's unlikely that a US overweight is a terrible idea, but make sure your decision for doing so isn't affect...
by s8r
Wed Apr 10, 2019 11:44 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 15948

Re: International under-performance

I don't even live in the US, but still I'm sometimes tempted to put everything in US stocks. In those moments of weakness, I imagine myself as a manager of a large institutional portfolio, such as the GPFG of Norway. Then I realize I'd probably get fired for going 100% US. :happy
by s8r
Mon Apr 08, 2019 1:15 am
Forum: Non-US Investing
Topic: BELGIUM - Renting vs Owning
Replies: 23
Views: 2413

Re: BELGIUM - Renting vs Owning

Renting eliminates certain risks, which makes it attractive. For example, in a cold climate mold is a serious risk. If you own a house on a rented lot (which is nowadays typical where I live), the house may be worth zero if a severe mold issue is found. Or even negative, since demolition is not free...
by s8r
Fri Apr 05, 2019 12:14 pm
Forum: Non-US Investing
Topic: Non-US Bogleheads who overweight US?
Replies: 23
Views: 2249

Re: Non-US Bogleheads who overweight US?

Kesev wrote:
Fri Apr 05, 2019 11:51 am
3. Transaction costs and TER are much, much lower with US. And we know this matters in the long run.
This is one of the few logical reasons to overweight US. But I wouldn't say costs are "much, much lower".
by s8r
Fri Apr 05, 2019 6:07 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

I believe "keeping up with the Joneses" is mainly a US phenomenon. In many parts of the world it is considered highly inappropriate to show off with your wealth (or pretend that you can afford to do so). By "many" you mean maybe couple of countries in north west Europe. Because in many parts of the...
by s8r
Fri Apr 05, 2019 4:09 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

The issue with debt is that the forces of nature, temptations with keeping up with the jones and what is deemed "normal" is because of debt. I believe "keeping up with the Joneses" is mainly a US phenomenon. In many parts of the world it is considered highly inappropriate to show off with your weal...
by s8r
Thu Apr 04, 2019 10:42 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

lostdog wrote:
Wed Apr 03, 2019 11:56 am
The borrower is slave to the lender.
Just like the employee is slave to the employer. :wink:

must go to work = must pay debt
new job = refinancing
financial independence = debt paid

8-)
by s8r
Thu Apr 04, 2019 12:18 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

The issue with debt is that the forces of nature, temptations with keeping up with the jones and what is deemed "normal" is because of debt. I believe "keeping up with the Joneses" is mainly a US phenomenon. In many parts of the world it is considered highly inappropriate to show off with your weal...
by s8r
Wed Apr 03, 2019 2:40 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 193
Views: 38536

Re: Study: The Rate of Return on Everything

Nevertheless my advice to youngsters has always been: Invest in your home as soon as you have stability and pay it off asap. Depends. I'm a young highly-educated person who prefers rural areas to cities or suburbs. I'm in no hurry to pay off my mortgage. The house value is not that high and there i...
by s8r
Wed Apr 03, 2019 1:02 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

The view on debt is probably dependent on where you live. It's no surprise that people living for example in North America or Central Europe are relatively debt averse since renting is quite competitive compared to owning. However, in many parts of the world renting is far less attractive. My housi...
by s8r
Tue Apr 02, 2019 1:38 pm
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 193
Views: 38536

Re: Study: The Rate of Return on Everything

siamond wrote:
Tue Apr 02, 2019 1:25 pm
This new thread should probably be merged with this older one, which discussed the same study.
Funny, I thought this was a new study since it says "March 2019" on the title page of the paper. :D
by s8r
Tue Apr 02, 2019 11:30 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

WildBill wrote:
Mon Apr 01, 2019 9:34 pm
Bottom line, the only way to go broke is to borrow money you cannot repay.
Well, you can also go broke by simply not making enough money. With or without debt.
by s8r
Tue Apr 02, 2019 11:16 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 193
Views: 38536

Re: Study: The Rate of Return on Everything

How is housing evaluated though? Is it by buying a 1900s house and holding it for 100 years?? Or are they comparing by average new house built? Haven't looked at the details of the methodology, but I guess the margin of error here is high for housing returns. Note also that these housing returns in...
by s8r
Tue Apr 02, 2019 12:42 am
Forum: Investing - Theory, News & General
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 193
Views: 38536

Study: The Rate of Return on Everything

[Thread merged into here, see below. --admin LadyGeek] Interesting study by Harvard University on global returns of different asset classes during 1870-2015. https://economics.harvard.edu/files/economics/files/ms28533.pdf Things that caught my attention: Housing has provided similar long-term retur...
by s8r
Mon Apr 01, 2019 11:51 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

The view on debt is probably dependent on where you live. It's no surprise that people living for example in North America or Central Europe are relatively debt averse since renting is quite competitive compared to owning. However, in many parts of the world renting is far less attractive. My housin...
by s8r
Mon Apr 01, 2019 7:38 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

A good, normal savings account can be around 1,9–2,2 % as well, so no use loosing the liquidity of cash anytime soon, as long as our mortgage is this "cheap". Do they offer these savings accounts to foreigners? I know Bank Norwegian does, but the interest rate is only 0.75%. However, even after tax...
by s8r
Mon Apr 01, 2019 7:36 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

Well, it seems that some people get too much into debt. I was talking about reasonable amounts of debt, which is generally a good thing. For example, if my house burned down and the insurance company refused to compensate for some reason, it wouldn't be a life-changing financial disaster for me. Tha...
by s8r
Mon Apr 01, 2019 5:25 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Re: Your opinion on debt?

A good, normal savings account can be around 1,9–2,2 % as well, so no use loosing the liquidity of cash anytime soon, as long as our mortgage is this "cheap". Do they offer these savings accounts to foreigners? I know Bank Norwegian does, but the interest rate is only 0.75%. However, even after tax...
by s8r
Mon Apr 01, 2019 2:37 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 8031

Your opinion on debt?

I have noticed that many people seem to see debt mainly as a burden. Some even take special pride in being 100% debt-free. I see debt merely as an agreement from which both parties usually benefit. Being debt-free is safe and may be good psychologically, but usually it's not the smartest position to...
by s8r
Fri Mar 29, 2019 1:06 pm
Forum: Non-US Investing
Topic: Non-US Bogleheads who overweight US?
Replies: 23
Views: 2249

Re: Non-US Bogleheads who overweight US?

But what is your reason for overweighting US? Past performance? Hunch? 1. Paste performance. 2. Warren Buffet - never bet against US. 3. US is the only superpower in the world. Interesting. I must confess that I've been tempted to tilt towards the US. However, I've had difficulties to find argument...
by s8r
Fri Mar 29, 2019 6:11 am
Forum: Non-US Investing
Topic: Non-US Bogleheads who overweight US?
Replies: 23
Views: 2249

Re: Non-US Bogleheads who overweight US?

Laurizas wrote:
Wed Mar 27, 2019 6:30 am
I retain equall amount of ishares core msci world and ishares core s &p 500 which gives me 75/25 US/international.
Kesev wrote:
Wed Mar 27, 2019 12:23 pm
I am about 95% US (S&P 500 and US Total Market).
But what is your reason for overweighting US? Past performance? Hunch?
by s8r
Wed Mar 27, 2019 2:00 am
Forum: Non-US Investing
Topic: Non-US Bogleheads who overweight US?
Replies: 23
Views: 2249

Non-US Bogleheads who overweight US?

Over at the US investing section there seems to be surprisingly many individuals who either have no non-US equities at all or significantly underweight them. Are there any folks here in the non-US section who do the same? If so, why?

My own equity allocation follows the global market cap, by the way.
by s8r
Wed Mar 13, 2019 2:33 am
Forum: Non-US Investing
Topic: What's the deal with the Netherlands index?
Replies: 6
Views: 665

Re: What's the deal with the Netherlands index?

I don't know about that index, but the performance of the MSCI Netherlands index looks rather good.
by s8r
Sun Mar 10, 2019 4:04 am
Forum: Non-US Investing
Topic: New listed ETF [SWRD - SPDR MSCI World UCITS]
Replies: 44
Views: 6851

Re: New cheap Msci World ucits etf

BlackRock: If you are reading this, please lower the costs of IWDA. We are already paying you tens of millions annually with the current expense ratio. :happy
by s8r
Sun Mar 10, 2019 2:45 am
Forum: Non-US Investing
Topic: Does the US vs non-US market cap make sense?
Replies: 26
Views: 1928

Re: Does the US vs non-US market cap make sense?

Here are some of the things that I use in my daily life and the domiciles of the companies that make/provide them. VEHICLES Car - Swedish (tyres: French/Finnish) Bicycle - Japanese? ELECTRONIC DEVICES Laptop - Chinese/US/etc (HW), US (SW) Smartphone - Korean (HW), US (SW) TV - German Sound system - ...
by s8r
Thu Mar 07, 2019 5:30 am
Forum: Non-US Investing
Topic: New listed ETF [SWRD - SPDR MSCI World UCITS]
Replies: 44
Views: 6851

Re: New cheap Msci World ucits etf

This is great news! More pressure for BlackRock to reduce the expense ratio of their MSCI World ETF (IWDA). :beer
by s8r
Thu Mar 07, 2019 1:08 am
Forum: Personal Consumer Issues
Topic: Formula One
Replies: 114
Views: 16636

Re:

I would just like to say that racing cars isn't a sport and race car drivers are not athletes. However, it does take skill and technique, in a similar way to bowling, playing pool or playing golf -- in which all three are not true sports, either. The fitness level of an F1 driver exceeds that of sa...
by s8r
Wed Mar 06, 2019 1:10 am
Forum: Non-US Investing
Topic: Does the US vs non-US market cap make sense?
Replies: 26
Views: 1928

Re: Does the US vs non-US market cap make sense?

I must say that I may have an additional personal bias due to my profession. I'm a mechanical engineer, and in my experience most things mechanical are primarily non-US (excluding aerospace). But then again those mechanical things are often designed and analyzed using software that is American. :happy
by s8r
Wed Mar 06, 2019 12:40 am
Forum: Non-US Investing
Topic: Does the US vs non-US market cap make sense?
Replies: 26
Views: 1928

Re: Does the US vs non-US market cap make sense?

Ferdinand2014 wrote:
Tue Mar 05, 2019 6:02 pm
You mention oil. The U.S. is now the largest producer in the world.
Oops, apparently I got that one wrong. But like I said, it was just an impression.
by s8r
Tue Mar 05, 2019 1:49 am
Forum: Non-US Investing
Topic: International investing [Resident Indian]
Replies: 22
Views: 2021

Re: International investing [Resident Indian]

The biggest names on the NASDAQ-100 will be very familiar -- Google, Amazon, Netflix -- so there is a fair amount of overlap, but NASDAQ-100 will include more companies you haven't heard of and won't include companies you have heard of. For instance, no car companies . NASDAQ-100 does include Tesla...
by s8r
Tue Mar 05, 2019 1:01 am
Forum: Non-US Investing
Topic: Does the US vs non-US market cap make sense?
Replies: 26
Views: 1928

Does the US vs non-US market cap make sense?

Ever since starting my investing career a few years ago it has struck me as odd that even though the US is more than 50% of the global market cap, most goods seem to be primarily produced by non-US companies. I mean, the US is the leader in software, computer hardware, and aerospace & defense, but o...
by s8r
Thu Feb 28, 2019 1:09 am
Forum: Investing - Theory, News & General
Topic: Misuse of the word "technology" in finance
Replies: 45
Views: 4007

Re: Misuse of the word "technology" in finance

I am also an engineer and all they do in my grandson's Tech high school class teach about computers. We could live without cell phones and computers, but not so much without power plants, cars, trains, trucks, ships, air planes, manufacturing plants, etc. etc. But we couldn't have modern power plan...
by s8r
Wed Feb 27, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: Misuse of the word "technology" in finance
Replies: 45
Views: 4007

Re: Misuse of the word "technology" in finance

StandingRock wrote:
Wed Feb 27, 2019 6:35 am
Amazon=Retailer
Uber=Taxi company
Netflix=Entertainment company
Facebook=Entertainment company
Tesla=Automobile company
etc
Tesla is a funny one. No one has probably ever even considered categorizing any of their competitors into a sector that contains Google :D
by s8r
Wed Feb 27, 2019 5:08 am
Forum: Investing - Theory, News & General
Topic: Misuse of the word "technology" in finance
Replies: 45
Views: 4007

Re: Misuse of the word "technology" in finance

I find it slightly odd that in the world of finance the word "technology" seems to be associated only with information technology. For example, Apple and Alphabet are considered tech stocks, but BMW or Boeing are not. Technology is a very broad term which includes everything from manufacturing to b...
by s8r
Wed Feb 27, 2019 2:59 am
Forum: Investing - Theory, News & General
Topic: Misuse of the word "technology" in finance
Replies: 45
Views: 4007

Re: Misuse of the word "technology" in finance

Just for the fun of it, perhaps I should start to respond to inquiries about my career with "I work in technology" (I'm a mechanical engineer). Let the ignorant ones think that I must be a programmer or something :D