Search found 254 matches

by CarpeDiem22
Sun May 24, 2020 3:18 am
Forum: Investing - Theory, News & General
Topic: Examples of why NOT to hold individual stocks
Replies: 75
Views: 6008

Re: Examples of why NOT to hold individual stocks

My father got a big stock grant after having worked for the same company for 30 years. A part of that grant funded my higher education, my sister's marriage among other things. But what remained went to almost zero. The stock went from 100+ to less than 2. It also led to my father retiring a little ...
by CarpeDiem22
Mon Apr 20, 2020 12:08 pm
Forum: Investing - Theory, News & General
Topic: Deflation is everywhere. Get used to it.
Replies: 151
Views: 14877

Re: Deflation is everywhere. Get used to it.

Dottie57 wrote:
Mon Apr 20, 2020 12:02 pm
So are you saying prices for Japanese groceries, clothing, rent are less today than they were 365 days ago?
In 2019, Coca cola increased their prices in Japan after 27 years!

https://www.ft.com/content/aa9c6530-3fd ... 36ec32aece
by CarpeDiem22
Sat Apr 11, 2020 12:57 pm
Forum: Non-US Investing
Topic: Thanks Bogleheads for recommending International Investments.
Replies: 17
Views: 2057

Re: Thanks Bogleheads for recommending International Investments.

I'm going to allocate funds this way then.... Rs 2000 in Hdfc nifty 50 index growth Rs 2000 in Motilal Oswal Nasdaq 100 or s&p 500 Rs 1000 to sbi magnum gilt fund Rs 1000 in sovereign gold bonds Kindly suggest corrections Some questions for a little perspective: 1. How many months of expenses does ...
by CarpeDiem22
Thu Apr 02, 2020 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 167
Views: 9233

Re: Are your personal expenses down during stay home and shelter?

My monthly expenses in March were down about 10% compared to past 12 month avg. What does it mean? My spending is already pretty optimised.
by CarpeDiem22
Sun Mar 22, 2020 9:29 am
Forum: Investing - Theory, News & General
Topic: You planned for drop, but you hadn't counted on x
Replies: 20
Views: 1699

Re: You planned for drop, but you hadn't counted on x

1. Had no defined plan for rebalancing. Was aware of 5/25 but never explored it. 2. Had no TLH strategy. 3. Some concept I'm only learning now are one-way rebalancing, and having a fixed dollars in debt below which one should not rebalance. 4. I knew my assets should be dollar denominated, but didn'...
by CarpeDiem22
Sat Mar 21, 2020 3:34 pm
Forum: Investing - Theory, News & General
Topic: COVID Crash: What did you get right?
Replies: 61
Views: 2732

Re: COVID Crash: What did you get right?

Things I got right: 1. Aged 33, I was only 45% in stocks before the crash. Tactical asset allocation by being below my usual target of 65% stocks. (Bogle allowed 15% divergence, I was 20% lower) 2. Low stock allocation allowed me to build almost 3 years of bare-bones expenses in EF and bonds. 3. New...
by CarpeDiem22
Fri Mar 20, 2020 8:48 am
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 8897

Re: Young investors, how do you feel about your 1st market crash?

Age 33, I'm not at all bothered about the crash. But this is my first time selling bonds and buying stocks to rebalance. The concept of ''tax deferred'' doesn't exist in my geo and I'm torn between targeting tax efficiency or asset allocation, so I'm taking the middle path.
by CarpeDiem22
Wed Mar 18, 2020 9:20 am
Forum: Personal Investments
Topic: Rebalancing Today - Saw Bonds are being sold off - Should I wait?
Replies: 48
Views: 3095

Re: Rebalancing Today - Saw Bonds are being sold off - Should I wait?

Sorry, but normal rules don't apply anymore. Today may not even be a Really Bad Day because 5%+ drops are now normal. Thus, there is no advice that I (nor anyone else) can give you. OK, I'll still throw out some advice: Don't rebalance until your local grocery stores have plenty of toilet paper and...
by CarpeDiem22
Tue Mar 17, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41668

Re: The Calm Post - Stay the course thread.

The sheepdog thread should be read by every new investor. BTW, I saw sheepdog mention recently that the sheepdog family is doing just fine with their new AA. Link to the thread? I don't believe I read it. Sheepdog: https://www.bogleheads.org/forum/viewtopic.php?t=25126 Market Timer: https://www.bog...
by CarpeDiem22
Tue Mar 17, 2020 11:07 am
Forum: Personal Investments
Topic: Is my refusal to address rebalancing right now irresponsible/unbogle? Or can it be justified?
Replies: 19
Views: 1498

Re: Is my refusal to address rebalancing right now irresponsible/unbogle? Or can it be justified?

OP, I understand your concern when it comes to execution. I went through the same last week. Debt qualifies for long term taxation at 3 year holding in my geo and there were still 8 months pending for that for me. I sold it and booked short term gains. Also I was out of market for a couple of days. ...
by CarpeDiem22
Tue Mar 17, 2020 10:47 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41668

Re: The Calm Post - Stay the course thread.

Once I took out a day to go through all posts on this forum from 2008 crisis. It was amazing to see people who believed in Boglehead philosophy even when stocks were 60% down. The only reason I'm able to stay calm and stay the course now is this forum. Thank you Sheepdog, Market Timer, White Coat In...
by CarpeDiem22
Mon Mar 16, 2020 7:52 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25881

Re: Who is staying course and how are you dealing with net worth going down?

To be honest, the only thing that worries me on finances is all our fiat currencies going belly up now that every country is trying to pump in as much money as possible in the name of liquidity support. Note to self: Buy a house. Financial assets may all go belly up. What does fiat currencies going...
by CarpeDiem22
Mon Mar 16, 2020 5:11 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25881

Re: Who is staying course and how are you dealing with net worth going down?

To be honest, the only thing that worries me on finances is all our fiat currencies going belly up now that every country is trying to pump in as much money as possible in the name of liquidity support. Note to self: Buy a house. Financial assets may all go belly up. People getting laid off and red...
by CarpeDiem22
Mon Mar 16, 2020 5:10 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25881

Re: Who is staying course and how are you dealing with net worth going down?

To be honest, the only thing that worries me on finances is all our fiat currencies going belly up now that every country is trying to pump in as much money as possible in the name of liquidity support. Note to self: Buy a house. Financial assets may all go belly up. What does fiat currencies going...
by CarpeDiem22
Mon Mar 16, 2020 4:18 am
Forum: Investing - Theory, News & General
Topic: <deleted>
Replies: 85
Views: 7839

Re: Its going to get really bad, so I am Hedging - reducing stock exposure

Yes, I'm taking action. I've bought more stocks this March than I've ever before in a month.
by CarpeDiem22
Mon Mar 16, 2020 2:43 am
Forum: Personal Investments
Topic: Thinking to switch bonds to stock
Replies: 11
Views: 912

Re: Thinking to switch bonds to stock

My suggestion is to shift 15% of bonds now. Wait for some time as stocks may go down further. I assume you have your overall asset allocation figured out.
by CarpeDiem22
Mon Mar 16, 2020 2:02 am
Forum: Personal Investments
Topic: Who is staying course and how are you dealing with net worth going down?
Replies: 359
Views: 25881

Re: Who is staying course and how are you dealing with net worth going down?

To be honest, the only thing that worries me on finances is all our fiat currencies going belly up now that every country is trying to pump in as much money as possible in the name of liquidity support.

Note to self: Buy a house. Financial assets may all go belly up.
by CarpeDiem22
Mon Mar 16, 2020 1:50 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 170
Views: 9269

Re: What is your AA, given your age ? and this crisis ?

1. Age 33. As of Feb 2020 end, I was 45/55 stocks/bonds and cash. I was 20% below my target stock % due to my perceived overvaluation of markets. 2. My plan is age in bonds rounded to nearest 5%, and shift by 5% once every 5 years. 3. I am currently shifting cash/bonds to equity at these lower valua...
by CarpeDiem22
Sun Mar 15, 2020 9:58 pm
Forum: Personal Investments
Topic: Take money out of the bank?
Replies: 66
Views: 5738

Re: Take money out of the bank?

Well, here in India, withdrawals were barred by the central bank for one fairly large national-level bank earlier this month. This is unrelated to Corona but sent shockwaves through the country. Never say never. https://www.livemint.com/industry/banking/yes-bank-moratorium-to-end-in-3-working-days-r...
by CarpeDiem22
Sat Mar 14, 2020 10:40 am
Forum: Investing - Theory, News & General
Topic: So.... is this really "it"? Is this what we needed to mentally prepare for?
Replies: 158
Views: 14304

Re: So.... is this really "it"? Is this what we needed to mentally prepare for?

OP, the reason you don't seem affected is because there was an immediate recovery after 2008 downturn and we assume the same for the future. However, we need to remember that it took 25 years for market to reach 1929 peak again, and it can very well happen again.
by CarpeDiem22
Sun Feb 23, 2020 1:55 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128792

Re: Coronavirus (Consumer Issues) How you are preparing?

3 people are infected in my country of 1.33 billion people. Corona virus is very low on my worry list. Thank God for The Himalayas and the unfriendly border with China. :shock: Last I checked planes can fly at 35,000 ft, well above Everest (and the rest of the ranges) 23-29,000. 3 people infected t...
by CarpeDiem22
Tue Feb 18, 2020 10:05 am
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1590
Views: 128792

Re: Coronavirus (Consumer Issues) How you are preparing?

3 people are infected in my country of 1.33 billion people. Corona virus is very low on my worry list. Thank God for The Himalayas and the unfriendly border with China.
by CarpeDiem22
Sat Feb 01, 2020 1:20 am
Forum: Non-US Investing
Topic: Low cost index funds in India
Replies: 4
Views: 460

Re: Low cost index funds in India

Are you a citizen/resident of India? If the answer is yes, you can go with ICICI BSE 500 ETF or Motilal Nifty 500 Index Fund for broadest exposure. However, you should know that indexing is efficient only in large caps in India currently, and many people like to limit themselves to Nifty 50 or Nifty...
by CarpeDiem22
Mon Jan 13, 2020 7:56 am
Forum: Non-US Investing
Topic: Negative Interest Rates. Load up on Long Term Bonds?
Replies: 45
Views: 4418

Re: Negative Interest Rates. Load up on Long Term Bonds?

I see your point. My caveat is simply about the guarantee that one gets with their fixed income. I don't personally look to fixed income for it's return potential but for its return guarantee . Implied future real returns without a guarantee for that real return is speculation. Guaranteed nominal a...
by CarpeDiem22
Mon Jan 13, 2020 4:30 am
Forum: Non-US Investing
Topic: Negative Interest Rates. Load up on Long Term Bonds?
Replies: 45
Views: 4418

Re: Negative Interest Rates. Load up on Long Term Bonds?

I see your point. My caveat is simply about the guarantee that one gets with their fixed income. I don't personally look to fixed income for it's return potential but for its return guarantee . Implied future real returns without a guarantee for that real return is speculation. Guaranteed nominal a...
by CarpeDiem22
Sun Jan 12, 2020 12:30 pm
Forum: Non-US Investing
Topic: how to purchase ETFs at their NAVs?
Replies: 11
Views: 1127

Re: how to purchase ETFs at their NAVs?

From what I've seen, the market price of ETFs are usually higher than the NAVs. As NAVs are calculated at the end of the trading day, should I then place a buy order equal to the closing NAV after the trading day has ended? Or is purchasing ETFs at the exact NAV value impossible? ETFs prices by des...
by CarpeDiem22
Fri Jan 10, 2020 6:23 am
Forum: Non-US Investing
Topic: Negative Interest Rates. Load up on Long Term Bonds?
Replies: 45
Views: 4418

Re: Negative Interest Rates. Load up on Long Term Bonds?

Good point. But perhaps an even more important issue is defining what one's specifically looking for in making this particular investment, and therefor how to define what a "low real return" really is, given that context. 1.2% real return post tax is roughly 2.5 times the "low real return" someone ...
by CarpeDiem22
Thu Jan 09, 2020 6:06 am
Forum: Non-US Investing
Topic: Negative Interest Rates. Load up on Long Term Bonds?
Replies: 45
Views: 4418

Re: Negative Interest Rates. Load up on Long Term Bonds?

That's interesting. Contact your... government representative?! Things change, eventually. Btw, I got curious and read a bit more. Your early withdrawal 50% penalty is only on the most recent interest payment, not the entirety of accumulated and compounding interest payments. That's a big differenc...
by CarpeDiem22
Thu Jan 09, 2020 5:36 am
Forum: Non-US Investing
Topic: What is the issues with direct replication of a index?
Replies: 15
Views: 895

Re: What is the issues with direct replication of a index?

This is not even replication of index. In my opinion, if you believe in low volatility index, you should go with Nifty Low Vol 30 ETFs which are available at less than 0.5% expense ratio. Personally I don't invest in this, but I have exposure to ALL 30 of these stocks are part of the broader index.
by CarpeDiem22
Sat Jan 04, 2020 12:14 pm
Forum: Non-US Investing
Topic: Is it okay to avoid International Bonds?
Replies: 11
Views: 1203

Re: Is it okay to avoid International Bonds?

Do you have global bond funds hedged in your local currency available? What etfs are available in your local stock market? EDIT: My last question is probably easily answered here: https://www1.nseindia.com/products/content/equities/etfs/etf.htm (To answer on behalf of the OP) No. Debt capital marke...
by CarpeDiem22
Fri Jan 03, 2020 4:36 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388007

Re: Share your net worth progression

Coming from a low income-low expense country, I need only about USD 220K to retire. Here is how my NW has moved: All amounts as on 31st Dec, in USD at current exchange rate (Aug 2018): 2013: 6K (age 27, fresh out of post-grad) 2014: 16K (age 28) 2015: 23K (age 29) 2016: 32K (age 30) 2017: 40K (age ...
by CarpeDiem22
Tue Dec 31, 2019 3:09 am
Forum: Personal Finance (Not Investing)
Topic: How much were you able to spend this year?
Replies: 53
Views: 2854

Re: How much were you able to spend this year?

Third world. We spent $14k. This includes below travel: a. 6 nights in Thailand (with DW) b. Trip to my parent's place for holiday season (flights) c. Domestic trip to my sister's place (flights) and further road trip with her family. d. Domestic road trip with parents-in-law e. DW's domestic trip t...
by CarpeDiem22
Tue Dec 31, 2019 12:13 am
Forum: Personal Finance (Not Investing)
Topic: How much were you able to save this year?
Replies: 142
Views: 10908

Re: How much were you able to save this year?

Gross Income: $28.5K
Savings: $14.5K (50.8% of gross)

Third world. Renters. Couple, with no kids yet. Spending includes international and domestic travel during the year.
by CarpeDiem22
Sat Dec 28, 2019 1:35 am
Forum: Non-US Investing
Topic: Does the effectiveness of International Diversification depend on how small your country's economy is?
Replies: 20
Views: 1328

Re: Does the effectiveness of International Diversification depend on how small your country's economy is?

I would like to actually clarify the cost for remitting money outside India is far higher than what you are quoting. It is 0.6-1% depending on volume to do currency conversion (The bank will give you a rate that percentage above the mid-market fair rate ie "the rate quoted on Google when you type U...
by CarpeDiem22
Thu Dec 26, 2019 12:26 am
Forum: Non-US Investing
Topic: Does the effectiveness of International Diversification depend on how small your country's economy is?
Replies: 20
Views: 1328

Re: Does the effectiveness of International Diversification depend on how small your country's economy is?

You're never going to get a solid answer until you or someone clearly explains what the costs of something like VWRA really are. Their is some info scattered in the existing threads but the maths were wrong. Cost of owning VWRA for a Resident Indian: a. Cost of remitting money outside India (irresp...
by CarpeDiem22
Mon Dec 23, 2019 12:34 am
Forum: Non-US Investing
Topic: Is International Diversification really necessary for Resident Indian?
Replies: 65
Views: 2292

Re: Is International Diversification really necessary for Resident Indian?

Interesting personally I would like to hear your opinions on Nasdaq 100 FOF vs buying the ETF directly. The FOF tracks the price of the ETF not the NAV so I thought it would be better idea to avoid using it as I have demat account. The issue is liquidity. Sometimes the Nasdaq ETF is down to 10 lakh...
by CarpeDiem22
Mon Dec 23, 2019 12:00 am
Forum: Non-US Investing
Topic: Is International Diversification really necessary for Resident Indian?
Replies: 65
Views: 2292

Re: Is International Diversification really necessary for Resident Indian?

OP Sometime before you were born, around the time when Berlin wall was coming down and Soviet Union was disintegrating into parts, India came very close to default on its payments. While India's SIZE has grown multi-fold since then, it still runs fiscal deficit and current account deficit, and there...
by CarpeDiem22
Sat Dec 21, 2019 1:13 pm
Forum: Non-US Investing
Topic: International investing [Resident Indian]
Replies: 24
Views: 2241

Re: International investing [Resident Indian]

Yes, but the issues are: 1. Cost of remitting money outside India 2. Higher taxation of foreign funds 3. Minimum 5 USD commission on LSE. (I'm used to zero comission of Zerodha). Make sure to read my last post for clarification on this subject. Only USA people are allowed to use Interactive Brokers...
by CarpeDiem22
Thu Dec 12, 2019 12:14 pm
Forum: Non-US Investing
Topic: International investing [Resident Indian]
Replies: 24
Views: 2241

Re: International investing [Resident Indian]

For Indian investors would it make sense to open an Interactive Brokers account where up to $250,000 can be added every financial year. And then use those funds to buy these 2 Irish domiciled stocks on the London Stock Exchange? Stocks FTSE ALL World ETF: https://americas.vanguard.com/institutional...
by CarpeDiem22
Wed Dec 11, 2019 7:02 am
Forum: Non-US Investing
Topic: Broader Index funds available in India but confused about expense ratios.
Replies: 8
Views: 825

Re: Broader Index funds available in India but confused about expense ratios.

ICICI BSE 500 ETF is available at 0.29% expense ratio if you want to go that route. Nippon Nifty 50 ETF (0.05% expense) and Nippon Nifty Next 50 ETF (0.15% expense) in ratio of 87:13 will give you same exposure as Nifty 100 ETF or fund at a cost of 0.063% expense ratio. Nasdaq 100 ETF cost is 0.54% ...
by CarpeDiem22
Wed Dec 11, 2019 6:55 am
Forum: Non-US Investing
Topic: International investing [Resident Indian]
Replies: 24
Views: 2241

Re: International investing [Resident Indian]

Keen to know what you chose to proceed with. I'm trying to put together a simple portfolio for my brother back in India. Any advice would be much appreciated. I went with Nasdaq 100 ETF for international exposure; it seemed like the least worst choice. If you want a very simple portfolio, I'd sugge...
by CarpeDiem22
Wed Nov 20, 2019 10:50 pm
Forum: Personal Investments
Topic: Talk Me Off the Active Investing Ledge!
Replies: 58
Views: 4212

Re: Talk Me Off the Active Investing Ledge!

BCG Active fund Performance: +97% 2019: 39.4% 2018: 1.1% 2017: 17.5% 2016: 19.2% 2015: -3.4% Russell Growth 1000 Index: + 71% 2019: 25% 2018: -1.7% 2017: 30% 2016: 6.92% 2015: 5.48% "Most investors are primarily oriented toward return, how much they can make, and pay little attention to risk, how m...
by CarpeDiem22
Tue Oct 29, 2019 9:13 am
Forum: Non-US Investing
Topic: Interactive Brokers Lite
Replies: 8
Views: 2046

Re: Interactive Brokers Lite

Thank you. After some research for my own purpose, I have more info to share from India taxation perspective: 1. Capital gains from VWRD and IWDA will be treated similar to local debt funds for taxation. Capital gains are classified as short-term (STCG) if held for less than 3 years and long-term g...
by CarpeDiem22
Thu Oct 24, 2019 8:04 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1483

Re: Portfolio help, Investing with small capital

3. IB is US-domiciled, so be sure of US inheritance tax rules that may affect your investments. This shouldn't be relevant. Your investments are not held by IB but the funds themselves. Therefore it is the Domicile of the fund that matters. Indeed for US Domiciled ETFs, estate taxes are a big issue...
by CarpeDiem22
Thu Oct 24, 2019 2:26 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1483

Re: Portfolio help, Investing with small capital

Questions: 1. Considering that the Philippines is already part of EMIM, should I transfer my Philippine portfolio to my "international" portfolio? 2. For brokers, my only options are TD Ameritrade and Interactive Brokers. IB is the obvious choice, but unfortunately for me they have maintenance fees...
by CarpeDiem22
Fri Oct 04, 2019 6:08 am
Forum: Non-US Investing
Topic: Interactive Brokers Lite
Replies: 8
Views: 2046

Re: Interactive Brokers Lite

Hi, By any chance have you found out Indian tax rules for Irish etf like vwrd iwda. I plan on buying one of those 2 as vwrd is distracting and iwda is accumulating. Also with new rules one has to list full assets in tax filings if the money is held in these Irish etf. How safe is it to do that ? Th...
by CarpeDiem22
Thu Oct 03, 2019 2:03 pm
Forum: Non-US Investing
Topic: Interactive Brokers Lite
Replies: 8
Views: 2046

Re: Interactive Brokers Lite

This finally makes Vanguard ETFs accessible for Indians like me who don't have $100k to invest (to avoid account minimums). Still two concerns: 1. Would have been better to buy Ireland-domiciled Vanguard funds rather than US-domiciled. (A learning thanks to this forum.) 2. What if I face some issue ...
by CarpeDiem22
Wed Sep 18, 2019 12:26 am
Forum: Investing - Theory, News & General
Topic: Spreadsheets
Replies: 77
Views: 6974

Re: Spreadsheets

I use a lot of spreadsheets with various cuts and slices, updated monthly. However, I find myself paying them less attention in recent times.
by CarpeDiem22
Fri Aug 16, 2019 5:32 am
Forum: Personal Consumer Issues
Topic: I wanted to teach myself computer programming.
Replies: 64
Views: 5835

Re: I wanted to teach myself computer programming.

Thanks to the posters who suggested "Automate the boring stuff with Python". I'm already on the 3rd chapter. I work in Corporate Finance (lot of excel work) and I'm sure I would be able to make good use of it if I learn enough.