Search found 24 matches

by vanrico
Thu Oct 25, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: Number of market participants in stocks and bonds
Replies: 6
Views: 686

Re: Number of market participants in stocks and bonds

First, drop the term "shadow banks". Sure, then banks and non-banking financial companies (NBFCs)? (However, this seems to be the original quote. ) You make a good point that most trading is actually done by brokers or computers. But I seem to be not closer to understand how many people are involve...
by vanrico
Thu Oct 25, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Number of market participants in stocks and bonds
Replies: 6
Views: 686

Re: Number of market participants in stocks and bonds

So maybe the "panic-selling" was misleading. I'm more curious about understanding the financial sector. How many institutions (banks, shadow banks) trade on a typical day? How many individuals? Is the number of participants constant or do some asset managers only trade once per month? Etc. I imagine...
by vanrico
Wed Oct 24, 2018 1:13 pm
Forum: Investing - Theory, News & General
Topic: Number of market participants in stocks and bonds
Replies: 6
Views: 686

Number of market participants in stocks and bonds

I was wondering if there are estimates on how many people participate (actively trading, not just holding) in the US stock market (perhaps split by individual and institutional). E.g. if S&P500 goes down because "people are panicking" what does that mean: thousands are selling? Millions? Same for ot...
by vanrico
Tue Oct 23, 2018 6:42 pm
Forum: US Chapters
Topic: 2019 BOGLEHEADS CONFERENCE DATES
Replies: 35
Views: 11279

Re: 2019 BOGLEHEADS CONFERENCE DATES

Is there a location yet?
by vanrico
Mon Oct 22, 2018 3:22 pm
Forum: Non-US Investing
Topic: Investing a $1.5m windfall [Great Britain]
Replies: 17
Views: 2351

Re: Investing a $1.5m windfall [Great Britain]

I can't really help you with specific investment advice, but I believe I understand the general sentiment. What if I invest now and the market goes down or stagnant for a long time - that would suck. We also expect the uncertainty around Brexit to resolve by the key dates in 2019, with unclear impli...
by vanrico
Mon Oct 22, 2018 2:48 pm
Forum: Non-US Investing
Topic: UK capital but US resident alien
Replies: 8
Views: 694

Re: UK capital but US resident alien

They aren't though, for you. FFS, not sure how I missed that. Thanks! It sounds like Schwab International or Interactive Broker (!= Interactive Investor) are the only options. Schwab requires a minimum of US$25,000, I'm not sure if I need to transfer the GBP into USD beforehand. (Anyone's experienc...
by vanrico
Sun Oct 21, 2018 10:59 pm
Forum: Non-US Investing
Topic: UK capital but US resident alien
Replies: 8
Views: 694

Re: UK capital but US resident alien

Thanks, yes also Vanguard UK has a residency requirement to open an account. But Interactive Investor seems fine. (Update: https://www.ii.co.uk/ - I guess they are different from Interactive Brokers.) For completeness the link: https://www.gov.uk/government/publications/offshore-funds-list-of-report...
by vanrico
Sun Oct 21, 2018 7:09 pm
Forum: Non-US Investing
Topic: UK capital but US resident alien
Replies: 8
Views: 694

UK capital but US resident alien

I searched around but couldn't quite find the right page. I have some UK capital that I'd like to "put to use". However, I'm a US tax resident (alien; used to be UK resident). What are the pitfalls?

The UK investing wiki has a warning on top that it's not intended for US tax residents.
by vanrico
Tue Oct 09, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: A Roadmap For The Upcoming US Treasury Bull Market
Replies: 40
Views: 4092

Re: A Roadmap For The Upcoming US Treasury Bull Market

If I'm reading this article right, there's a big assumption in it:
The next recession will be a cousin of the 1937/38 recession, the first recession following the Great Depression that shocked everyone with its ferocity.
by vanrico
Sat Oct 06, 2018 9:39 pm
Forum: Personal Investments
Topic: Choosing a better retirement 401k fund on TIAA
Replies: 6
Views: 571

Re: Choosing a better retirement 401k fund on TIAA

No it’s an employer plan.
by vanrico
Sat Oct 06, 2018 8:53 pm
Forum: Non-US Investing
Topic: Investing in the UK as non-resident
Replies: 4
Views: 1406

Re: Investing in the UK as non-resident

then you should simply repatriate your GBP into EUR and invest from Germany. If you buy a global equity fund denominated in USD or GBP or EUR then the investments are still the same, it's just the currency of reporting/ denomination that is different (if the fund hedges currency exposure, the previ...
by vanrico
Sat Oct 06, 2018 6:51 pm
Forum: Personal Investments
Topic: Choosing a better retirement 401k fund on TIAA
Replies: 6
Views: 571

Re: Choosing a better retirement 401k fund on TIAA

This is the only other multi-asset fund. The rest are asset class funds eg those with < 0.4 expense ratio are: CREF Equity Index R2 CREF Global Equities R2 CREF Growth R2 CREF Stock R2 CREF Bond Market R2 CREF Inflation-Linked Bond R2 CREF Money Market R2 TIAA Real Estate I guess one could piece tog...
by vanrico
Sat Oct 06, 2018 2:06 pm
Forum: Personal Investments
Topic: Choosing a better retirement 401k fund on TIAA
Replies: 6
Views: 571

Choosing a better retirement 401k fund on TIAA

Hi bogleheads, I have around $60K in an employer-sponsored 401k plan with TIAA. The fund is the default TIAA-CREF Lifecycle 2045 T3 . Net expense ratio is 0.9% (too much IMO) and it's 90% stocks (too much IMO). There's not that much choice in alternative funds, but I like this one they offer: CREF S...
by vanrico
Tue Oct 02, 2018 12:58 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3386

Re: What to do with cash in the short term?

What are your federal and state marginal tax rates, and do you itemize and get a full deduction of state taxes on Schedule A? Kevin, extremely astute question, I have ignored this because it seems so complicated with little room for optimization (I could be wrong). Currently, resident alien in New ...
by vanrico
Mon Oct 01, 2018 3:41 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3386

Re: What to do with cash in the short term?

Thanks all!

A quick followup question:

does anyone know the difference between a savings account and a No Penalty Certificate of Deposit (CD)?
by vanrico
Thu Sep 27, 2018 1:11 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3386

Re: What to do with cash in the short term?

Nice website, thanks.

What about Treasury Inflation-Protected Securities (TIPS)? I understand that you ensure a real return, but what is the downside?
by vanrico
Thu Sep 27, 2018 1:00 pm
Forum: Personal Investments
Topic: What to do with cash in the short term?
Replies: 36
Views: 3386

What to do with cash in the short term?

Appreciate your advice or pointers to the right places in this forum or elsewhere. I have around $30K in surplus cash and am wondering what to do with it. It wouldn't go in a long-term portfolio because I anticipate that I'd like to access it in perhaps 2 years (+/- 1 year). So liquidity and stable ...
by vanrico
Thu Sep 20, 2018 11:21 am
Forum: Personal Investments
Topic: Robo-advisor Scalable Capital Whitepaper
Replies: 3
Views: 518

Re: Robo-advisor Scalable Capital Whitepaper

Valuethinker wrote:
Thu Sep 20, 2018 9:56 am
It makes sense in a non US financial planning context (they are City of London based).
Sorry, when you say "makes sense" what do you refer to?
by vanrico
Wed Sep 19, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Are TIPS yields good yet?
Replies: 15
Views: 1589

Re: Are TIPS yields good yet?

Nice, thanks for sharing.

I'm wrapping my head around: are you saying you'd buy a 5-year TIPS and hold on to it for 5 years? Or some fund vehicle (where I guess the value can fluctuate)?
by vanrico
Wed Sep 19, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Are TIPS yields good yet?
Replies: 15
Views: 1589

Re: Are TIPS yields good yet?

zeugmite wrote:
Wed Sep 19, 2018 12:05 am
5 year at 0.93%, up from 0.79% just two weeks ago.
Are these numbers from the government website? Also I'm not sure how the taxes work with TIPS, did you include that?
by vanrico
Wed Sep 19, 2018 11:18 am
Forum: Personal Investments
Topic: Funds / brokerage / bank fee comparison site
Replies: 2
Views: 302

Funds / brokerage / bank fee comparison site

Sorry if this is covered somewhere: can you point me to the place where the fees for funds and accounts are compared? E.g. Fidelity vs Vanguard or possibly individual funds. Surely, a great transparent site exists.
by vanrico
Wed Sep 19, 2018 9:57 am
Forum: Personal Investments
Topic: Robo-advisor Scalable Capital Whitepaper
Replies: 3
Views: 518

Robo-advisor Scalable Capital Whitepaper

Hi all, I'm wondering if anyone else read the Scalable Capital whitepaper ? There are some really interesting points IMO (especially because the marketing BS from the US robo-advisors annoys me; "Nobel-price winning technology" as if anyone is not starting with Markowitz): Value-at-Risk as a better ...
by vanrico
Wed Sep 19, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: Stock market scenarios
Replies: 12
Views: 1007

Re: Stock market scenarios

Thanks guys, great responses. To clarify re AlohaJoe, I meant know the future stochastically (or general trends), not as in what lottery numbers are drawn. See my scenarios, they are vague and only roughly prescribe a course for the TSM and the time frame. What I'm hearing is that most of you are th...
by vanrico
Tue Sep 18, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Stock market scenarios
Replies: 12
Views: 1007

Stock market scenarios

Hi all, this is my first post, so please let me know if I missed etiquette somewhere. I was wondering what your investment strategies are under specific stock market scenarios. For me the answer is not about what to do, but more educational to learn more about asset classes, alternatives, etc. I'm o...