Search found 83 matches

by Sinsji
Fri Jun 26, 2020 7:46 am
Forum: Investing - Theory, News & General
Topic: What famous investing quote reminds you of your investing style?
Replies: 151
Views: 7348

Re: What famous investing quote reminds you of your investing style?

"The stock market is a device for transfering wealth from the active to the patient." --Warren Buffett Based on the financial crisis and the current pandemic, the stock market seems to me a place to transfer money from the government/tax-payer to the stock market... Regarding quotes I like the foll...
by Sinsji
Wed Apr 15, 2020 1:02 am
Forum: Non-US Investing
Topic: IWDA (iShares) change of policy?
Replies: 2
Views: 482

Re: IWDA (iShares) change of policy?

Alright, thanks.
Probably took the passive investing a bit to serious and confused the hedging aspect of EUR hegded total bond market ETF with IWDA.
by Sinsji
Tue Apr 14, 2020 2:59 am
Forum: Non-US Investing
Topic: IWDA (iShares) change of policy?
Replies: 2
Views: 482

IWDA (iShares) change of policy?

Hi everyone, Since about 2 years I'm used to buying IWDA (ticker: IE00B4L5Y983). At the iShares website this ticker now refers to either EUR Hedged (distributing) or USD (accumulating). I don't see the EUR Hedged (accumulating) ETF anymore. Did iShares change something here? If so, I'm would conside...
by Sinsji
Thu Mar 19, 2020 5:09 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 13204

Re: 2020 COVID Crash Lessons

Despite visiting this forum on a regular basis and implementing most of its 'guidelines', I lost a month of my planned investment savings on speculations . I discovered options in January and shorted the indexes end of February, both based on the high valuations and China developments. Getting reckl...
by Sinsji
Tue Mar 10, 2020 7:57 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 5780
Views: 521596

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

TMF is not available where I live.

Would 3x leveraged 10Y US treasuries offer an alternative?

If yes, what would be the suggested allocation?

Thanks.

EDIT: or German Bunds 10Y 3x leveraged...
by Sinsji
Tue Feb 04, 2020 7:18 am
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 16736

Re: Tesla Stock

I don't understand why Tesla would become so profitable compared to other car companies. According to Morningstar Toyota, VW, Honda, Fiat all hover around a profit margin of approximately 4-6%. Tesla primarily excelled in creating debt so far. Nissan, Kia, Jaguar all produce electric cars with some ...
by Sinsji
Sun Jan 26, 2020 6:24 am
Forum: Non-US Investing
Topic: Dutch guy needs feedback
Replies: 14
Views: 946

Re: Dutch guy needs feedback

Hello, I was thinking about it overnight. You could simply drop all bonds and go 100% shares with a larger cash buffer instead. This is because of the potential new vermogensrendementheffingdiefstal (wealth tax). Currently the plan is, as far as we know right now, that tax on savings will be reduce...
by Sinsji
Sun Jan 26, 2020 6:23 am
Forum: Non-US Investing
Topic: Dutch guy needs feedback
Replies: 14
Views: 946

Re: Dutch guy needs feedback

My idea was more focus on the US Okay, I think this construction makes it more complex. All-World probably already contains 65% USA equity. Any reason you expect above average returns from this? I want to increase the bond/stock ratio over the coming years. A bit more risk for now, hoping for the b...
by Sinsji
Sun Jan 26, 2020 5:39 am
Forum: Non-US Investing
Topic: Dutch guy needs feedback
Replies: 14
Views: 946

Re: Dutch guy needs feedback

Hello, I was thinking about it overnight. You could simply drop all bonds and go 100% shares with a larger cash buffer instead. This is because of the potential new vermogensrendementheffingdiefstal (wealth tax). Currently the plan is, as far as we know right now, that tax on savings will be reduce...
by Sinsji
Sun Jan 26, 2020 4:00 am
Forum: Investing - Theory, News & General
Topic: Implications of (US) pension funding deficit?
Replies: 18
Views: 1448

Re: Implications of (US) pension funding deficit?

bogglizer wrote:
Sun Jan 26, 2020 3:12 am
Makes municipal bonds riskier. In bankruptcy, are bondholders paid before pensioners?
Makes me wonder to which extend pension funds hold municipal bonds themselves?
by Sinsji
Sun Jan 26, 2020 3:48 am
Forum: Non-US Investing
Topic: Dutch guy needs feedback
Replies: 14
Views: 946

Re: Dutch guy needs feedback

I use a broker (Flatex) that let's you trade without any costs. (You just have to follow some simple rules to ensure this). They have a selection of Vanguard ETF's available: Vanguard FTSE Developed World UCITS ETF USD Distributing (EUR) | VEVE Vanguard Euro STOXX 50 UCITS ETF - EUR | VX5E Vanguard...
by Sinsji
Sun Jan 26, 2020 2:56 am
Forum: Investing - Theory, News & General
Topic: Implications of (US) pension funding deficit?
Replies: 18
Views: 1448

Implications of (US) pension funding deficit?

Any thoughts on how this might unroll? According to an 2019 FT article the total USA public pension deficit amounted to $1.3 trillion: https://www.ft.com/content/4d4d60a0-c7de-3acc-a8a7-67f9a4b61547 I can't imagine $ 1.3 trillion, but it seems a lot :| I'm living in the Netherlands and even here, fu...
by Sinsji
Sun Jan 26, 2020 2:46 am
Forum: Investing - Theory, News & General
Topic: Economist 2005 on the housing market: which new 'implosion' will we look back on?
Replies: 9
Views: 1348

Re: Economist 2005 on the housing market: which new 'implosion' will we look back on?

Maybe I should make a different topic for this, but the total funding deficit of US public pension funds was about $ 1.3 trillion medio 2019. What effect will this have on (local) government obligations, bonds and consumer spending? Especially during a downturn. In the Netherlands, funding rates are...
by Sinsji
Sat Jan 25, 2020 11:03 am
Forum: Investing - Theory, News & General
Topic: Economist 2005 on the housing market: which new 'implosion' will we look back on?
Replies: 9
Views: 1348

Re: Economist 2005 on the housing market: which bubble will we look back on?

It's interesting that this week's issue of The Economist has a special section on the inadequate supply of housing in the US and Europe. They primarily site public policy that promotes home ownership versus renting, plus the NIMBY influence of keeping developers from building high rises in high emp...
by Sinsji
Sat Jan 25, 2020 7:40 am
Forum: Investing - Theory, News & General
Topic: Economist 2005 on the housing market: which new 'implosion' will we look back on?
Replies: 9
Views: 1348

Re: Economist 2005 on the housing market: which bubble will we look back on?

correct link is https://www.economist.com/special-report/2005/06/16/in-come-the-waves The article is dated June 16, 2005. The Dow Jones Industrial Average closed that day at 10605. The DJIA continued to rise for another 2+ years, peaking at 14270 on October 11, 2007. A reminder that bull markets ca...
by Sinsji
Sat Jan 25, 2020 6:40 am
Forum: Investing - Theory, News & General
Topic: Economist 2005 on the housing market: which new 'implosion' will we look back on?
Replies: 9
Views: 1348

Economist 2005 on the housing market: which new 'implosion' will we look back on?

Fun/interesting read from the Economist written in 2005 on the US housing market. Their subtitle: "The worldwide rise in house prices is the biggest bubble in history. Prepare for the economic pain when it pops." You can escape the paywall the following way hopefully: https://outline.com/www.economi...
by Sinsji
Wed Dec 04, 2019 2:05 am
Forum: Investing - Theory, News & General
Topic: Favorite stock(s) and why
Replies: 131
Views: 8516

Re: Favorite stock(s) and why

So out of 'curiosity' you want to allocate 10.000 dollar to ten specific companies? In some sense, yes. I'm curious if I can pick a handful of stocks and manage them in a way that will beat my more traditional boggleheaded holdings in VTSAX and VTIAX over the next 10 years, and I'm willing to put a...
by Sinsji
Tue Dec 03, 2019 5:30 am
Forum: Investing - Theory, News & General
Topic: QE practical consequence?
Replies: 10
Views: 1386

Re: QE practical consequence?

Thanks for all the replies. Spend less time reading around here obviously. Even Central Bank leaders don't agree on the correct policy... I currently allocate most of the fixed income (20%) to a (EURO hedged) Aggregate Bond Index by iShares. - weighted av. duration 8.77 years - weighted av. coupon: ...
by Sinsji
Tue Dec 03, 2019 5:08 am
Forum: Investing - Theory, News & General
Topic: Favorite stock(s) and why
Replies: 131
Views: 8516

Re: Favorite stock(s) and why

which of your children are your favorite? Right now -- I'm going to put $10,000 (<2% of my total portfolio) in a taxable account over the next few months, +$100/wk for the the next 10.5 years, rebalancing to the following allocation as it makes sense. (I haven't given rebalancing frequency any thou...
by Sinsji
Fri Aug 23, 2019 10:26 am
Forum: Investing - Theory, News & General
Topic: Practically speaking, what are negative interest rates
Replies: 16
Views: 2824

Re: Practically speaking, what are negative interest rates

I have a related question on negative interest rates: Another post suggested short term TIPS and commodities as the best protection against unexpected inflation. This made me curious about QE and the implications for individual investors. What is the practical difference between: 1) Quantitative eas...
by Sinsji
Thu Aug 22, 2019 3:15 pm
Forum: Investing - Theory, News & General
Topic: QE practical consequence?
Replies: 10
Views: 1386

QE practical consequence?

Another post suggested short term TIPS and commodities as the best protection against unexpected inflation. This made me curious about QE and the implications for individual investors. What is the difference between: 1) Quantitative easing: Central Banks buy assets from financial institutions and re...
by Sinsji
Wed Aug 14, 2019 12:16 pm
Forum: Personal Consumer Issues
Topic: Simplicity
Replies: 85
Views: 13047

Re: Simplicity ["Minimalism” Movie on Netflix]

The book Walden is partly about separating yourself from continuous external distractions. Two (recent) book suggestions whose content I would like to apply better myself: 1. Lead Yourself First: Inspiring Leadership Through Solitude by Raymond M. Kethledge and Michael S. Erwin. https://www.amazon.c...
by Sinsji
Tue Aug 13, 2019 3:30 pm
Forum: Non-US Investing
Topic: Comparing VWRA with IWDA+EMIM combination
Replies: 28
Views: 8173

Re: Comparing VWRA with IWDA+EMIM combination

After gave advise on my personal plan, I found out about VWRA on this forum as well: ( https://www.bogleheads.org/forum/viewtopic.php?f=22&t=287965 ). Currently I've got IWDA and EMIM. The little link below compares iShares MSCI World ETF (88%) + iShares Core MSCI Emerging Markets ETF (12%) with 100...
by Sinsji
Tue Aug 13, 2019 11:54 am
Forum: Non-US Investing
Topic: Feedback on plan (NL/EU) appreciated!
Replies: 8
Views: 803

Re: Feedback on plan (NL/EU) appreciated!

The free float of Emerging markets is about 10-15% of the total world free float. Related to differences between EM funds, - IEMA : ER=0.65% : is only large caps -- the fund that you mention -- this one that is not often mentioned - EMIM : ER=0.18% : is full market incl mid-caps en small-caps -- mo...
by Sinsji
Tue Aug 13, 2019 7:13 am
Forum: Non-US Investing
Topic: Personal Investment Policy Statement - please review
Replies: 12
Views: 1032

Re: Personal Investment Policy Statement - please review

Hey for my education: why do you split the bond portion into 15% EURO hedged and 15% dollar?

My assumption is you don't know how both currencies will develop and you spread your bets :?:
Or is it related to where you (intend) to live?
by Sinsji
Tue Aug 13, 2019 7:07 am
Forum: Non-US Investing
Topic: Feedback on plan (NL/EU) appreciated!
Replies: 8
Views: 803

Re: Feedback on plan (NL/EU) appreciated!

The free float of Emerging markets is about 10-15% of the total world free float. Related to differences between EM funds, - IEMA : ER=0.65% : is only large caps -- the fund that you mention -- this one that is not often mentioned - EMIM : ER=0.18% : is full market incl mid-caps en small-caps -- mo...
by Sinsji
Mon Aug 12, 2019 9:04 am
Forum: Non-US Investing
Topic: Feedback on plan (NL/EU) appreciated!
Replies: 8
Views: 803

Re: Feedback on plan (NL/EU) appreciated!

Your AA and funds seem OK. - Reits are stocks, they are not stable assets, they need to be classified in your equity allocation. To nitpick: - your EM% seems high - EM is about 12-&'% of the total stock market - you have overweight to about the double. - you play account with individual stocks is a...
by Sinsji
Mon Aug 12, 2019 6:51 am
Forum: Non-US Investing
Topic: Feedback on plan (NL/EU) appreciated!
Replies: 8
Views: 803

Feedback on plan (NL/EU) appreciated!

Currently I put savings aside according to the following plan: Equity: : 76.25% 1. iShares acc developed markets large cap (IE00B4L5Y983), 43.1% 2. iShares acc developed markets small cap (IE00BF4RFH31), 7.2% 3. iShares acc emerging markets (IE00BKM4GZ66), 18% 4. Individual stocks, 7.5% "Fixed" : 23...
by Sinsji
Fri Aug 09, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Inflation then and now?
Replies: 5
Views: 792

Inflation then and now?

A few quotes from the following article reminded me that I don't really understand this whole quantitative easing thing. https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp The title is "How the Great Inflation of the 1970s Happened" Quote 1: "The easy-money policies of the ...
by Sinsji
Fri Jun 07, 2019 3:29 am
Forum: Investing - Theory, News & General
Topic: The Economist: "Picking managers on the basis of past performance is a mug’s game."
Replies: 7
Views: 1259

The Economist: "Picking managers on the basis of past performance is a mug’s game."

For anyone interested: https://www.economist.com/business/2019/06/06/troubles-at-the-woodford-investment-group-point-to-a-wider-trend Passing 'outline.com/' between the // and www enables some readers to read the article, if not possible initially! https://outline.com/www.economist.com/business/2019...
by Sinsji
Sat Apr 27, 2019 3:42 am
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Re: Leveraged ETF from Europe?

For those wanting to apply a similar strategy in Europe, I have estimated an "albeit-similar" portfolio for us the Europeans. Some caveats: - There is currently no x3 leveraged ETF for stocks, nor for treasuries, in Europe that I could found - There is no leveraged MSCI World ETF, therefore I had t...
by Sinsji
Wed Apr 24, 2019 4:37 am
Forum: Personal Finance (Not Investing)
Topic: Selling individual stock.
Replies: 14
Views: 1568

Re: Selling individual stock.

Hey. Consider something more diversified for at least a part of that holding! You should be pretty confident on this company if you keep 56% into it (680.000?)! It's easy to imagine a scenario where you would be waiting years for this stock to recover from losses. You don't really lose mony from tak...
by Sinsji
Fri Apr 05, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: FT: "Has the yield curve predicted the next US downturn?"
Replies: 8
Views: 1069

Re: FT: "Has the yield curve predicted the next US downturn?"

A Google search on the exact string https://www.google.com/search?client=safari&rls=en&q=FT:+%22Has+the+yield+curve+predicted+the+next+US+downturn%3F%22&ie=UTF-8&oe=UTF-8 and click on the top Google hit got me past the paywall. In essence, the yield curve distils the wisdom of millions of investors...
by Sinsji
Fri Apr 05, 2019 6:56 am
Forum: Investing - Theory, News & General
Topic: FT: "Has the yield curve predicted the next US downturn?"
Replies: 8
Views: 1069

FT: "Has the yield curve predicted the next US downturn?"

https://www.ft.com/content/cf9eb29a-5220-11e9-9c76-bf4a0ce37d49 Short answer: maybe yes, maybe no. :happy For more information Google: "Has the yield curve predicted the next US downturn?" and you're supposed to be able to read it for free. It's a Big Read. Plenty of useless quotes from experts, bu...
by Sinsji
Fri Mar 22, 2019 8:23 am
Forum: Non-US Investing
Topic: Anyone use money market funds or ultra short bond funds in Europe?
Replies: 30
Views: 1746

Re: Anyone use money market funds or ultra short bond funds in Europe?

Thanks ICH, Whats your view on the exchange rate risk? Is it a serious risk for $ bonds on a short term basis? Seems pointless to suffer a negative return on Euro bonds. Whats the cash equivalent alternative? DJN Huge mistake . If you have and need Euros -> stick to euros If you have and need dolla...
by Sinsji
Tue Mar 12, 2019 3:19 am
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Re: Leveraged ETF from Europe?

Another question: the Boggleheads wiki suggests a US domiciled ETF might be more attractive for Dutch investors compared to an Ireland domiciled ETF. Currently looking from the Netherlands I find all ETFs I come across on DeGiro to be domiciled in Ireland... So how is a European (Dutch) investor su...
by Sinsji
Tue Mar 05, 2019 1:22 pm
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Re: Leveraged ETF from Europe?

Thanks for the information. Actually DeGiro and ING also referred to documentation requirements, but now I know what they ment.

Am I supposed to be happy with the EU regulations :? :annoyed

Anyone aware of leveraged treasury ETFs available from Europe though?
by Sinsji
Tue Mar 05, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Best place to buy Microsoft Office 2019....
Replies: 102
Views: 10844

Re: Best place to buy Microsoft Office 2019....

Microsoft offers a free 'light' version of several office products on the cloud. Link? Just Google or use DuckDuckGo: "office online free". You'll end up at www.office.com If you sign in to Office online you'll be able to use the online free versions. These free versions lack functionalities of the...
by Sinsji
Tue Mar 05, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Best place to buy Microsoft Office 2019....
Replies: 102
Views: 10844

Re: Best place to buy Microsoft Office 2019....

Microsoft offers a free 'light' version of several office products on the cloud.
by Sinsji
Tue Mar 05, 2019 9:40 am
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Re: Leveraged ETF from Europe?

HI, I concluded this based on the following piece from the wiki for non-US domiciles: The Netherlands is one of the few countries that has both an estate and withholding tax treaty with the US and an active FATCA agreement. The NRA’s wiki page compares Vanguard’s VT (US domiciled) with VWRL (Ireland...
by Sinsji
Tue Mar 05, 2019 2:26 am
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Re: Leveraged ETF from Europe?

I didn't find any long term treasury leveraged ETFs using www.justetf.com yet. Through Lynx it do is possible to find about every ETF. A spokesperson of Dutch bank told me that Lynx offerings like the UPRO ETF are not allowed at their bank due to regulation of the Dutch Authority on Financial Market...
by Sinsji
Fri Mar 01, 2019 3:36 pm
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Re: Leveraged ETF from Europe?

DeGiro (a broker) for example didn't offer anything I came of the leveraged ETFs I came across in a quick search. I just searched a couple of ETFs from the justetf link I posted on Degiro (I have an account) and managed to found them easily. If you search with the ISIN, you should too. If the adven...
by Sinsji
Fri Mar 01, 2019 1:29 pm
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Re: Leveraged ETF from Europe?

Reading some of the 878 (!) comments in HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs] made me curious about options for investors living in Europe. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=272007 Any experience with leveraged ETFs available for invest...
by Sinsji
Fri Mar 01, 2019 11:52 am
Forum: Non-US Investing
Topic: Leveraged ETF from Europe?
Replies: 19
Views: 2136

Leveraged ETF from Europe?

Reading some of the 878 (!) comments in HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs] made me curious about options for investors living in Europe. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=272007 Any experience with leveraged ETFs available for investo...
by Sinsji
Mon Feb 11, 2019 7:16 am
Forum: Investing - Theory, News & General
Topic: Is Index Investing Just Betting on The U.S Economy?
Replies: 46
Views: 5922

Re: Is Index Investing Just Betting on The U.S Economy?

Interesting topic. Sometimes I forget why index investing is such a great idea again, besides the diversification and low cost... In general an important assumption is the continued growth of productivity (without borrowing too much), right? Current companies tend to be more productive, than for exa...
by Sinsji
Mon Feb 04, 2019 11:31 am
Forum: Non-US Investing
Topic: Slice and dice vs simple portfolio
Replies: 14
Views: 1922

Re: Slice and dice vs simple portfolio

Okay, yes if readily available.

Let me know where you find them. Thanks!
by Sinsji
Mon Feb 04, 2019 5:04 am
Forum: Non-US Investing
Topic: Best ETF cash equivalent? [Netherlands]
Replies: 14
Views: 1005

Re: Best ETF cash equivalent? [Netherlands]

I spend in euro's 95% of the time. Goal of cash is to buy more assets eventually. I keep cash aside as a reserve and to spend it gradually instead of lump sum. I do wonder why Jason Zweig would advise his readers to put cash into money market funds. His motivation was that it offers a risk free high...
by Sinsji
Mon Feb 04, 2019 3:52 am
Forum: Non-US Investing
Topic: Slice and dice vs simple portfolio
Replies: 14
Views: 1922

Re: Slice and dice vs simple portfolio

Being the a 'newbie' I made a similar analysis then. Especially the lower average TER was interesting and it seemed to offer more diversification. Got the same feedback: to complex, to much work! I did see that the MSCI gives an aproximate weight of all the indexes. For example, MSCI World covers 85...
by Sinsji
Mon Feb 04, 2019 3:20 am
Forum: Non-US Investing
Topic: Best ETF cash equivalent? [Netherlands]
Replies: 14
Views: 1005

Re: Best ETF cash equivalent? [Netherlands]

Still I'm not sure how much aditional risk 1-3 USD Treasury Bonds would bring for example? They have an average duration less than 2 years. Look at how the currency pair has done during the years to have an estimate of the risk: https://www.xe.com/currencycharts/?from=USD&to=EUR&view=10Y You can ea...