Search found 256 matches

by Laurizas
Sat May 22, 2021 2:20 am
Forum: Non-US Investing
Topic: [EU] Tax optimization for stock trading
Replies: 9
Views: 1536

Re: [EU] Tax optimization for stock trading

polishguy wrote: Fri May 21, 2021 3:49 pm If I understand you correctly then, people just try to trade stocks only in their own name?

Yes, but as I said, your case is unusual so there could be a benefit to set a company ant trade through the company.
by Laurizas
Thu May 20, 2021 1:31 pm
Forum: Non-US Investing
Topic: [EU] Tax optimization for stock trading
Replies: 9
Views: 1536

Re: [EU] Tax optimization for stock trading

You have to consult tax lawyers regarding this scheme but since I do not know anybody doing something similar I doubt there is sense to all of this.
by Laurizas
Thu May 20, 2021 1:10 pm
Forum: Investing - Theory, News & General
Topic: Before you discovered index funds, what is your “stock picker” story?
Replies: 43
Views: 71592

Re: Before you discovered index funds, what is your “stock picker” story?

rich126 wrote: Thu May 20, 2021 9:23 am The title of this thread probably should be changed because for a lot of people there were no index funds or any kind of ETFs in existence when we started investing.
Didn't Vanguard introduce index fund in 1976?
by Laurizas
Fri May 14, 2021 4:51 am
Forum: Investing - Theory, News & General
Topic: Basic Investing Principles: the Video
Replies: 14
Views: 1184

Re: Basic Investing Principles: the Video

chris319 wrote: Thu May 13, 2021 8:41 pm Care to guess which brokerage I mean?
RH?
by Laurizas
Thu May 13, 2021 5:09 am
Forum: Non-US Investing
Topic: Tell an inexperienced investor ETF or Dividend? [Ukraine]
Replies: 19
Views: 1398

Re: Tell an inexperienced investor ETF or Dividend?

platfsholding wrote: Wed May 12, 2021 10:37 am according to history, such a portfolio in 2008 and 2020 was at a loss by 15%, and SPY by 50%
If past history was all there was to the game, the richest people would be librarians.
Warren Buffett
by Laurizas
Wed May 12, 2021 3:17 am
Forum: Non-US Investing
Topic: Advice Needed - Portfolio has serious home bias (Poland)
Replies: 4
Views: 924

Re: Advice Needed - Portfolio has serious home bias (Poland)

Amangeldy wrote: Tue May 11, 2021 7:51 am I was thinking if I should counter it with the money I have left and invest on my own without the employer offered mutual funds or not.
You should and even more - you must. You already have enough exposure to Poland (job, real estate, future pension).
by Laurizas
Tue May 11, 2021 6:58 am
Forum: Non-US Investing
Topic: Advice Needed - Portfolio has serious home bias (Poland)
Replies: 4
Views: 924

Re: Advice Needed - Portfolio has serious home bias (Poland)

Ideally I would want to invest in Global Aggregate Bond and Total World Stock either via an MSCI ACWI etf or FTSE All World etf. But I'm afraid if I do that my overall savings ill be extremely heavily biased towards Poland and underweighting US stocks. Aman How do you reach this conclusion? Because...
by Laurizas
Sun May 09, 2021 3:41 pm
Forum: Non-US Investing
Topic: Anybody switching from VWCE to V3AA? [Vanguard ESG Global All Cap UCITS]
Replies: 2
Views: 810

Re: Anybody switching from VWCE to V3AA? [Vanguard ESG Global All Cap UCITS]

Switching to new fund makes sense if you prefer ESG and small caps. I do not, so I will not switch.
by Laurizas
Wed May 05, 2021 3:06 pm
Forum: Non-US Investing
Topic: S&P500 Vs Global fund - is Buffett really wrong?
Replies: 64
Views: 6255

Re: S&P500 Vs Global fund - is Buffett really wrong?

Does this mean then that Buffett is wrong? I do not know, but The fact that U.S. stock returns beat every other country except Australia over 120 years is one reason that some expert investors like Warren Buffett and Jack Bogle avoid foreign stocks. It’s enticing and easy to attribute America’s sup...
by Laurizas
Tue May 04, 2021 4:16 am
Forum: Non-US Investing
Topic: Civil law country, how to handle cognitive degradation?
Replies: 1
Views: 955

Re: Civil law country, how to handle cognitive degradation?

Person’s guardian or curator which is designated by the court after a person is declared legally incapable or of limited active capacity.
by Laurizas
Thu Apr 29, 2021 1:30 pm
Forum: Non-US Investing
Topic: Belgium - Emergency/safety fund portfolio - Roast me
Replies: 15
Views: 1653

Re: Belgium - Emergency/safety fund portfolio - Roast me

@Laurizas if you'd be able to find that Vanguard paper that would be awesome as I still don't get it Fixed income provides the portfolio “ballast” that diversifies and counters equity volatility. To maintain this ability to control portfolio risk, it’s prudent to hedge international fixed income cu...
by Laurizas
Wed Apr 28, 2021 2:06 am
Forum: Non-US Investing
Topic: Belgium - Emergency/safety fund portfolio - Roast me
Replies: 15
Views: 1653

Re: Belgium - Emergency/safety fund portfolio - Roast me

12.5% | DTLA | iShares $ Treasury Bond 20+yr UCITS ETF USD Accumulation (USD) In general you'll see that I'm still pointing to a lot of US bonds. Many people don't. Why is that? There is consensus (?) that bonds should be in your home currency or hedged to home currency. I think there is Vanguard p...
by Laurizas
Fri Apr 23, 2021 12:15 pm
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 23
Views: 2414

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

Valuethinker wrote: Fri Apr 23, 2021 9:52 am So if the broker or platform goes bust, they are just transferred to another broker or platform.
With condition that there was no scam and illegal activities on broker side and numbers on the screen correspond to factual situation.
by Laurizas
Thu Apr 22, 2021 11:36 am
Forum: Non-US Investing
Topic: HEDGEFUNDIE Strategy for European Investors
Replies: 62
Views: 8371

Re: HEDGEFUNDIE Strategy for European Investors

So, what do you think, in comparison with this ETF, how much Wisdomtree is riskier?

https://www.justetf.com/en/etf-profile. ... 1#overview
by Laurizas
Thu Apr 22, 2021 1:05 am
Forum: Non-US Investing
Topic: Are bonds really the best thing for the non-equity part of my investments?
Replies: 60
Views: 9812

Re: Are bonds really the best thing for the non-equity part of my investments?

During the 2020 stock market crash, my P2P investments did just fine. Have you tried to sell your investments? In normal conditions it is possible to sell loans with 0.1% or similar discount, but even in extreme market conditions like now investors can exit the platform by offering a 5-15% discount...
by Laurizas
Wed Apr 21, 2021 5:59 am
Forum: Non-US Investing
Topic: Are bonds really the best thing for the non-equity part of my investments?
Replies: 60
Views: 9812

Re: Are bonds really the best thing for the non-equity part of my investments?

hithere wrote: Wed Apr 21, 2021 4:08 am I use a few European P2P lending platforms as a risky substitute for bonds.
Which bonds? Corporate or govenment? P2P could be a substitute for stocks, but no way for risk free bonds.
by Laurizas
Tue Apr 20, 2021 5:37 am
Forum: Non-US Investing
Topic: Double checking securities held by IB Ireland
Replies: 2
Views: 687

Re: Double checking securities held by IB Ireland

I am not aware of Irish alternative. I thing there is none. The measure in Hungary was introduced after the broker scandals of 2015.
https://www.lexology.com/library/detail ... 8801cabb6b
by Laurizas
Tue Apr 20, 2021 5:24 am
Forum: Non-US Investing
Topic: Switch new contributions from IWDA to IVWL or VGWE
Replies: 2
Views: 1002

Re: Switch new contributions from IWDA to IVWL or VGWE

I would go with option 3, but according to Cliff Asness - Factor Timing is Hard.
https://www.aqr.com/Insights/Perspectiv ... ng-is-Hard
by Laurizas
Tue Apr 20, 2021 5:21 am
Forum: Investing - Theory, News & General
Topic: Starting a test going forward: Motley Fool versus index fund
Replies: 23
Views: 3159

Re: Starting a test going forward: Motley Fool versus index fund

I do not want to create a new topic, so I will ask here. What do you guys think of this?
https://www.wallstreetsurvivor.com/motley-fool-review/
Is there a way to validate the claims made?
by Laurizas
Mon Apr 19, 2021 8:19 am
Forum: Non-US Investing
Topic: HEDGEFUNDIE Strategy for European Investors
Replies: 62
Views: 8371

Re: HEDGEFUNDIE Strategy for European Investors

tradri wrote: Mon Apr 19, 2021 6:38 am I don't understand why you guys are so worried about those WisdomTree ETPs.
I am no expert, but on page 8 here it says that ETN's are usually entirely reliant on the creditworthiness of the issuing entity.
https://www.wisdomtree.eu/en-gb/-/media ... tpedia.pdf

It does not say this apply to ETCs.
by Laurizas
Mon Apr 19, 2021 5:50 am
Forum: Non-US Investing
Topic: after retirement allocation
Replies: 7
Views: 1632

Re: after retirement allocation

1. The wisest strategy for a retiree in terms of allocation I would say would be the one which helps him/her sleep well at night. I know that it is nothing new but I have not heard any special strategy for a retiree except for "bond tent" and "rising equity glide path". 2. Foreca...
by Laurizas
Mon Apr 19, 2021 5:23 am
Forum: Non-US Investing
Topic: Belgium - low vol bond funds as alternative to bank account
Replies: 3
Views: 1091

Re: Belgium - low vol bond funds as alternative to bank account

riskless wrote: Tue Apr 13, 2021 12:05 pm Is this idea therefore a non-starter?
I think - yes. Too much hustle for nothing.
by Laurizas
Sat Apr 17, 2021 10:41 am
Forum: Non-US Investing
Topic: Advice for ETF allocation
Replies: 33
Views: 2873

Re: Advice for ETF allocation

I could afford to lose 25%. How did you react in March, 2020 when stocks were down 30 percent? Would a selection like this be better? VANGUARD S&P 500 UCITS ETF (VUAA) - XET 20,0% ISHSIII-CORE MSCI WORLD U.ETF (IWDA) - EAM 45,0% ISHSV-S&P 500 INF.TE.SEC.U.ETF (QDVE) - XET 25,0% iShares Core...
by Laurizas
Sat Apr 17, 2021 1:34 am
Forum: Non-US Investing
Topic: VWCE or IWDA + EMIM
Replies: 4
Views: 811

Re: VWCE or IWDA + EMIM

Better because of lower fees?
by Laurizas
Thu Apr 15, 2021 3:27 pm
Forum: Investing - Theory, News & General
Topic: Why Does Anyone Listen To Paul Merriman?
Replies: 105
Views: 10892

Re: Why Does Anyone Listen To Paul Merriman?

FIREGuy88 wrote: Thu Apr 15, 2021 2:34 pm What I don't understand is why his strategy is regarded as superior.
Past performance.
by Laurizas
Fri Apr 09, 2021 10:39 am
Forum: Investing - Theory, News & General
Topic: Newsletters for buying individual stocks (e.g. Motley Fool)
Replies: 75
Views: 5627

Re: Newsletters for buying individual stocks (e.g. Motley Fool)

Are their gains just pure luck or can these guys actually pick stocks? My understanding is that no one can, and you certainly can't sufficiently diversify with a basket of a dozen or so stocks according to my favorite investment adviser, William J. Bernstein. (I bought his book years ago and I'm no...
by Laurizas
Wed Apr 07, 2021 3:38 am
Forum: Non-US Investing
Topic: Czech, 23, FIRE, investment suggestions welcome!
Replies: 14
Views: 2571

Re: Czech, 23, FIRE, investment suggestions welcome!

60% - iShares Core MSCI World UCITS ETF USD (Acc) - TER 0.20% - IE00B4K48X80 20% - iShares Core MSCI Europe UCITS ETF EUR (Acc) - TER 0.12% - IE00B4L5Y983 20% - iShares MSCI EM UCITS ETF (Acc) - TER 0.18% - IE00B4L5YC18 I've decided to increase the EM and EU exposure. In total, this leaves my alloc...
by Laurizas
Wed Apr 07, 2021 3:33 am
Forum: Non-US Investing
Topic: Czech, 23, FIRE, investment suggestions welcome!
Replies: 14
Views: 2571

Re: Czech, 23, FIRE, investment suggestions welcome!

If I go 80/20 IWDA/EMIM, I basically have 50% of all my investment in the US. Is that too much? How did you deal with this in your own portfolio? I think I trust the EU and China (as the two other biggest global players besides US) more, but I could also be completely wrong relying on my gut! So do...
by Laurizas
Sun Apr 04, 2021 1:02 am
Forum: Non-US Investing
Topic: Czech, 23, FIRE, investment suggestions welcome!
Replies: 14
Views: 2571

Re: Czech, 23, FIRE, investment suggestions welcome!

I got the following advice from my post on r/eupersonalfinance and r/EuropeFIRE, though I only got replies from three guys (was hoping for a bigger discussion) and I'd rather double check this. I guess the rest 300 or 3000 just agreed with these 3 guys:) 1. What are your opinions on the proposed ET...
by Laurizas
Sun Mar 28, 2021 1:23 pm
Forum: Non-US Investing
Topic: Non-US investor: Ireland ETF's (Costa Rica)
Replies: 12
Views: 1127

Re: Non-US investor: Ireland ETF's (Costa Rica)

Neuralgia wrote: Wed Mar 24, 2021 10:16 pm Glorat, thanks for the information, I never realized that.

Where can I get a "real" comparison?
Justetf.com shows performance in usd eur,gpb and chf.
by Laurizas
Sun Mar 28, 2021 11:02 am
Forum: Non-US Investing
Topic: New investor [Portfolio help - Lithuania]
Replies: 9
Views: 1095

Re: New investor

Thank you for your answer, so my portfolio to ETF should be 85% VWRD + 15% AGGG? It's my first time than investing so bit worry, but I hope you have good experience with these funds. Labas! How did you come up to 85/15 allocation? 85% VWRD + 15% AGGG is a decent choice. It you want to simplify you ...
by Laurizas
Sun Mar 28, 2021 12:46 am
Forum: Non-US Investing
Topic: EQQQ
Replies: 1
Views: 797

Re: EQQQ

Could not find it either. Morningstar is another website regarding ETF's.
by Laurizas
Sat Mar 27, 2021 6:42 am
Forum: Investing - Theory, News & General
Topic: Are 3x leveraged ETFs the long-term winning strategy?
Replies: 771
Views: 43768

Re: Are 3x leveraged ETFs the long-term winning strategy?

Be careful. I don't know much about ETPs but ETNs are much more dangerous than ETFs as you don't own the underlying financial assets, it is a pure derivative. ETP sounds similar. I was also very skeptical at first, but after digging deeper into the WisdomTree ETPs I can say that they are pretty muc...
by Laurizas
Fri Mar 26, 2021 2:35 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 9062
Views: 909573

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

Prahasaurus, why no more BTC in your signature?
by Laurizas
Wed Mar 24, 2021 3:23 am
Forum: Non-US Investing
Topic: [Austria] Aggressive Growth (90/10) Portfolio Advice
Replies: 19
Views: 1693

Re: [Austria] Aggressive Growth (90/10) Portfolio Advice

The idea with Portfolio 1 was to follow Jack’s (among others) advice and do something similar instead of a dynamic all-world. This isn’t an attempt to beat to market, but to follow existing knowledge about picking the right market index to follow. Perhaps I missed something here? The fact that U.S....
by Laurizas
Wed Mar 24, 2021 2:36 am
Forum: Investing - Theory, News & General
Topic: Simulating Returns of Leveraged ETFs
Replies: 349
Views: 57288

Re: Simulating Returns of Leveraged ETFs

tradri wrote: Tue Mar 23, 2021 5:49 pm This finding got me really excited about holding 3x leveraged ETFs as a long-term strategy. ;)
How much of your portfolio are you inclined to allocate to 3x Etfs?
by Laurizas
Tue Mar 23, 2021 4:30 am
Forum: Non-US Investing
Topic: [Austria] Aggressive Growth (90/10) Portfolio Advice
Replies: 19
Views: 1693

Re: [Austria] Aggressive Growth (90/10) Portfolio Advice

MeisterBogle wrote: Tue Mar 23, 2021 3:46 am I suppose what bothers me with these "all-in one funds" such as Vanguard FTSE Developed World and Vanguard FTSE All-World is that it doesn't feel like it's me who picked the course.
One should not think he knows more then the other market participants.
by Laurizas
Tue Mar 23, 2021 4:08 am
Forum: Non-US Investing
Topic: [Austria] Aggressive Growth (90/10) Portfolio Advice
Replies: 19
Views: 1693

Re: [Austria] Aggressive Growth (90/10) Portfolio Advice

MeisterBogle wrote: Tue Mar 23, 2021 3:07 am Assuming a time horizon of 30 years, equal growth rates, equal starting capital and fixed TER, the loss incurred from the higher TER in Portfolio 2 is 32k.
Of future euros, not todays, todays would be less but yeah, I understand your poimt.
by Laurizas
Mon Mar 22, 2021 4:06 am
Forum: Non-US Investing
Topic: [Austria] Aggressive Growth (90/10) Portfolio Advice
Replies: 19
Views: 1693

Re: [Austria] Aggressive Growth (90/10) Portfolio Advice

My personal preference is Portfolio 1 for the following reasons: - Lower TER (most important) Ok, but how much does it translate into real Eur per year? Does it really matter? - Slightly more exposure to the US market Forecasts say that international should outperform US next decade, but nobody kno...
by Laurizas
Fri Mar 19, 2021 4:02 pm
Forum: Investing - Theory, News & General
Topic: Leveraged SMA200 Strategy Back-tested 1929 - 2019
Replies: 165
Views: 17013

Re: Leveraged SMA200 Strategy Back-tested 1929 - 2019

wrote:The point about daily vs. monthly signals is valid, in that daily will get whip sawed around more and also incur more transaction costs
https://ritholtz.com/2013/02/200-day-ve ... -averages/
by Laurizas
Fri Mar 19, 2021 8:20 am
Forum: Non-US Investing
Topic: What if your local market out-performs Global Index heavily?
Replies: 24
Views: 2226

Re: What if your local market out-performs Global Index heavily?

Anon9001 wrote: Wed Mar 17, 2021 11:20 am I also want Global Diversification but not too much that I can lose out heavily if my local market follows the trajectory of Hong Kong, Sweden, Netherlands, Denmark and Switzerland
Your country could fallow the trajectory of Italy, Portugal and Spain of Japan since 1990
by Laurizas
Thu Mar 18, 2021 2:40 pm
Forum: Non-US Investing
Topic: Non-US citizen with US Brokers: Estate Tax risk?
Replies: 108
Views: 45152

Re: Non-US citizen with US Brokers: Estate Tax risk?

Maybe a joint account would be helpful in such situation?
by Laurizas
Wed Mar 17, 2021 3:57 am
Forum: Investing - Theory, News & General
Topic: Investing at the very top in 2000 has still made one 7% a year over the past 21 years
Replies: 148
Views: 12677

Re: Investing at the very top in 2000 has still made one 7% a year over the past 21 years

Scooter57 wrote: Tue Mar 16, 2021 5:11 pm Adjusting for inflation, stocks were still at the same level in 1982 as they had been in 1929.
According to https://dqydj.com/sp-500-return-calculator/
from 1929 to 1982 Annualized S&P 500 Return (Dividends Reinvested and Inflation Adjusted) was 4.436%.
by Laurizas
Sun Mar 14, 2021 5:51 am
Forum: Non-US Investing
Topic: Borrowing money from a EU bank, but there's a twist :)
Replies: 21
Views: 2272

Re: Borrowing money from a EU bank, but there's a twist :)

Yep, the only issue is that trading margin is far more risky than bank loans. Margin calls are kind of unpredictable and really destructive, whereas if I use a bank loan, in the worst case scenario I can find a regular job and make loan payments on time, thus making sure that the bank won't liquida...
by Laurizas
Sun Mar 14, 2021 1:59 am
Forum: Investing - Theory, News & General
Topic: Dividends...please explain
Replies: 131
Views: 10315

Re: Dividends...please explain

Stock ownership does NOT give you a “legal right to future income.” Directly yes, it does not, but indirectly it does because stock owners can pressure the board to pay dividends. While shareholders cannot exert direct or immediate pressure on the company to elicit a dividend payment, they have a t...
by Laurizas
Sun Mar 14, 2021 1:49 am
Forum: Investing - Theory, News & General
Topic: Dividends...please explain
Replies: 131
Views: 10315

Re: Dividends...please explain

If you buy stock of dividend paying companies, you dont have to just hope to find a buyer some day. They pay you money every quarter. They pay or they might not pay. There is no law they have to pay. And now imagine, that you have a dividend paying stock but there are no buyers at the market for th...
by Laurizas
Sat Mar 13, 2021 1:57 pm
Forum: Investing - Theory, News & General
Topic: Dividends...please explain
Replies: 131
Views: 10315

Re: Dividends...please explain

Rainier wrote: Sat Mar 13, 2021 1:19 pm I do know of many many profitable companies that have come and gone without ever paying a dividend and therefore lost everything for the owners that never sold.
What prevents one from selling a part of such stocks and creating "the dividend"?
by Laurizas
Thu Mar 11, 2021 1:10 am
Forum: Non-US Investing
Topic: Investing a large chunk of funds for retirement (Germany/EU)
Replies: 2
Views: 537

Re: Investing a large chunk of funds for retirement (Germany/EU)

b0gdxn wrote: Wed Mar 10, 2021 9:36 am Should I just put everything in an ETF like FTSE All World ETF and forget about it?
Thank you!
Basically yes. And add some bonds/CDs into the portfolio if you are not comfortable with 100% stock portfolio.
by Laurizas
Sat Mar 06, 2021 10:27 am
Forum: Non-US Investing
Topic: Non US Investing: Should we put 5% of port in Bitcoin?
Replies: 103
Views: 11835

Re: Non US Investing: Should we put 5% of port in Bitcoin?

1. What to do if/when the small percentage becomes a percentage above goal due to "outperformance" of the BTC? Selling to maintain the asset allocation defeats the purpose of the lottery ticket to begin with, and you get slammed with taxes (+ any complications thereof). So just don't look...