Search found 27 matches

by me81
Wed Aug 14, 2019 11:24 pm
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3974

Re: Switch AA 10-year to 2-year Treasuries?

Bond funds and individual bonds are both subject to interest rate risk whether or not the individual bond is held to maturity. pascalwager, interest rate risk is the drop in price of a bond if interest rates rise.. If you need to sell the bond, you might receive less than you paid for. However, if ...
by me81
Wed Aug 14, 2019 3:34 am
Forum: Investing - Theory, News & General
Topic: Switch AA 10-year to 2-year Treasuries?
Replies: 61
Views: 3974

Re: Switch AA 10-year to 2-year Treasuries?

Are these 2 risks affected by using a bond fund (which continually rolls onto new bonds of the fund's duration), vs individual bonds that you hold until maturity? You're perfectly right andrew99999. Individual bonds held to maturity do not suffer from interest rate risk, since price will go back to...
by me81
Mon Aug 05, 2019 11:25 am
Forum: Non-US Investing
Topic: Volunteers to help with a Boglebot idea
Replies: 15
Views: 2363

Re: Volunteers to help with a Boglebot idea

Hi glorat, 1. I surely think it's a great idea and no doubt it could help very many people once it's ready for the total beginner. Most of those with more experience and understanding would likely not use a software as we are all better than average.. :D. I am not sure if you have considered (or if ...
by me81
Mon Jul 29, 2019 7:11 am
Forum: United Arab Emirates
Topic: New UAE-based Investor seeking advice!
Replies: 5
Views: 594

Re: New UAE-based Investor seeking advice!

Thank you csnohra for raising the issue and TedSwippet for the further insight. After looking around, I guess the Irish Tax and Customs website has the exact answer to the question: https://www.revenue.ie/en/tax-professionals/tax-agreements/rates/index.aspx Now, comparing the document TedSwippet sha...
by me81
Mon Jul 29, 2019 5:04 am
Forum: United Arab Emirates
Topic: New UAE-based Investor seeking advice!
Replies: 5
Views: 594

Re: New UAE-based Investor seeking advice!

Question: Since US-Stocks and Bonds are subject to withholding tax (whether in different percentages between the US/Ireland domiciles), Are non-US stocks (international markets) traded vis US broker (IB) also liable to withholding tax? My understanding is that depends on the tax treaties between yo...
by me81
Mon Jul 29, 2019 4:54 am
Forum: United Arab Emirates
Topic: New UAE-based Investor seeking advice!
Replies: 5
Views: 594

Re: New UAE-based Investor seeking advice!

Other than agreeing in principle with glorat on the above, just two small things to consider: VWRA is the new version of VWRD, with Accumulating Units. VAGU is the new Vanguard Global Aggregate Bond ETF USD Hedged. TER 0.1%. Overall it should be extremely similar to AGGU in the long run. Still very ...
by me81
Tue Jul 16, 2019 12:25 pm
Forum: Non-US Investing
Topic: Italian investor: how to invest long term after recent windfall
Replies: 11
Views: 970

Re: Italian investor: how to invest long term after recent windfall

Thanks again... so my plan is done and i'm almost ready to jump in :) i will invest in 4 tranches during the next 4 months, while this may occurr in higher fees i don't have the stomach for a lump sum. investment will be very vanilla for BH standards, at ISIN  INDEX Weight IE00BFY0GT14 MSCI WORLD I...
by me81
Mon Jul 15, 2019 8:48 am
Forum: Non-US Investing
Topic: Italian investor: how to invest long term after recent windfall
Replies: 11
Views: 970

Re: Italian investor: how to invest long term after recent windfall

first of all thanks a lot for the pointers! i am avidly reading everything i can find and am building a plan (will invest 25% every 3 months, all to be planned within the month and then executed without fail!). i will get back on the previous parts however i wanted to give more details on the tax t...
by me81
Mon Jul 15, 2019 7:22 am
Forum: Non-US Investing
Topic: New listed ETF [SWRD - SPDR MSCI World UCITS]
Replies: 34
Views: 4412

Re: New listed ETF

Trying to buy SWRD through IB is indeed almost impossible.. Trade volume for SWRD is truly a mistery.. While Trading volume sure seems to be obnoxious on all exchanges, at least the Xetra order book looks pretty ok and should be able to serve any kind of order for a reasonable spread, even though s...
by me81
Mon Jul 15, 2019 4:03 am
Forum: Non-US Investing
Topic: Italian investor: how to invest long term after recent windfall
Replies: 11
Views: 970

Re: Italian investor: how to invest long term after recent windfall

Hello everybody, I am 33, with stable work and no debt. Until now apart from some reserve cash at hand i have been able to save a little (equivalent to 1 year of my current salary), two months ago i have received a sum on top of this (equivalent to 3 years of my current salary) which i plan to full...
by me81
Sun Jul 14, 2019 7:22 am
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4556

Re: [Wiki] Bond basics for non-US investors - seeking feedback and contributions

Thanks glorat for the insight. To further dig into the fund domicile issue, considering that my focus is on Eurozone bonds, the US withholding tax rule becomes completely irrelevant. The choice between DBXN or IEGA was towards DBXN as it is Acc, while IEGA is Dist... I also think at the time IEGA ha...
by me81
Sun Jul 14, 2019 2:40 am
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4556

Re: [Wiki] Bond basics for non-US investors - seeking feedback and contributions

Hi, for the global government bond fund you have shown an LU domiciled version. There are Ireland domiciled versions also: - IGLH (h to £) distributing - SGLU (h to Euro) accumulating DJN Two things here: The XTrackers is the only one I could find hedged to Euro (SGLU should be in USD, right? and I...
by me81
Sun Jul 14, 2019 2:32 am
Forum: Non-US Investing
Topic: Questions from an italian newbie
Replies: 17
Views: 1196

Re: Questions from an italian newbie

The exchange you buy from (Euronext/Netherlands, Xetra/Germany tend to be the main one in the EU, but you can find the same in Milan if you live in Italy and your broker only allows that, or London Stock Exchange too, but with less options in EUR) is irrelevant (there are differences in volume and ...
by me81
Sat Jul 13, 2019 4:24 pm
Forum: Non-US Investing
Topic: Questions from an italian newbie
Replies: 17
Views: 1196

Re: Questions from an italian newbie

Hi trinca92, So refreshing to see Italians (and very young ones!!) in this game.. I agree with most that's been already said, and your 90-10 IWDA-EIMI sounds a very sensible approach for your equities.. What about your bond component? Since there are not a great deal of Italian resources out there,...
by me81
Sat Jul 13, 2019 3:10 pm
Forum: Non-US Investing
Topic: Questions from an italian newbie
Replies: 17
Views: 1196

Re: Questions from an italian newbie

Hi trinca92, So refreshing to see Italians (and very young ones!!) in this game.. I agree with most that's been already said, and your 90-10 IWDA-EIMI sounds a very sensible approach for your equities.. What about your bond component? Since there are not a great deal of Italian resources out there, ...
by me81
Sat Jul 13, 2019 2:56 pm
Forum: Non-US Investing
Topic: New listed ETF [SWRD - SPDR MSCI World UCITS]
Replies: 34
Views: 4412

Re: New listed ETF

Weird. This new State Street SWRD is on paper an excellent choice. Same as IWDA but lower expenses. The only concrete criticism one can offer is that there may be some tracking error with its lower AUM (its results differ from IWDA for example) But what is weird is that daily volume continues to be...
by me81
Sat Jul 13, 2019 1:48 pm
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4556

Re: [Wiki] Bond basics for non-US investors - seeking feedback and contributions

I meant that a global bond fund hedged to EUR would have the same return as an equal risk EUR bond fund... Considering that all my post was about using safe government bonds, my point was only relative to similarly "risk-free" Gov Bond funds, being global hedged to EUR or EU Gov (ok, I accept also ...
by me81
Sat Jul 13, 2019 10:15 am
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4556

Re: [Wiki] Bond basics for non-US investors - seeking feedback and contributions

Hedging would simply make the return of such a fund, the same as the Eur Gov bond fund, while keeping hedging costs.. Where does this argument derives from? It comes from the no-arbitrage principle but indeed the quote is imprecise. Assuming no-arbitrage, a EUR hedged global bond fund will earn the...
by me81
Sat Jul 13, 2019 10:04 am
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4556

Re: [Wiki] Bond basics for non-US investors - seeking feedback and contributions

Hedging would simply make the return of such a fund, the same as the Eur Gov bond fund, while keeping hedging costs.. Where does this argument derives from? Hi Laurizas, While I am sure you can find some more detailed explanations around, the main thing for me is indeed the arbitrage-opportunity th...
by me81
Fri Jul 12, 2019 5:15 am
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4556

Re: [Wiki] Bond basics for non-US investors - seeking feedback and contributions

Hi DJN and thank you for the terrific resource you have put together. That and all the work on EU-versions of Bogleheads-style investing is much needed, now that finally it looks that Europeans are waking up to the stock market. Being late to the party might actually mean avoiding passing through th...
by me81
Mon Jun 10, 2019 1:57 pm
Forum: United Arab Emirates
Topic: IB Account: Transfer Fee
Replies: 12
Views: 1101

Re: IB Account: Transfer Fee

Hi all, Following on the advice already given, I took the chance to create a new thread to advertise the request to add AED as an accepted currency from IB.. That would solve any and all issues... Please find the link to the thread here: https://www.bogleheads.org/forum/viewtopic.php?f=26&t=283089 T...
by me81
Mon Jun 10, 2019 1:53 pm
Forum: United Arab Emirates
Topic: Request IB to accept AED
Replies: 0
Views: 307

Request IB to accept AED

Hi all, I guess many here are using IB to run their portfolios.. And all of those who do get crazy to find the best way to fund their account, with related expenses and FX fees.. Would it not be awesome to be able to send directly AED to fund your IB account?!? IB offers an FX service at almost 0 co...
by me81
Sat Apr 06, 2019 12:14 am
Forum: United Arab Emirates
Topic: First time investor at 24 y.o. with $1.5m, based in the UAE.
Replies: 11
Views: 2762

Re: First time investor at 24 y.o. with $1.5m, based in the UAE.

Learn how to use Options. Then you can SELL one-year Puts on either SPY or ACWI, and collect 5% (e.g. $50k if you want a position representing $1million). Then wait one year. Possible outcomes: SPY worse than 5% down from current price. You end up owning SPY but at a price 5% down from current (you...
by me81
Fri Mar 29, 2019 6:25 am
Forum: United Arab Emirates
Topic: I use IB to hold my ETFs. Who is the Custodian? Open to a Madoff?
Replies: 3
Views: 657

Re: I use IB to hold my ETFs. Who is the Custodian? Open to a Madoff?

I guess Madoff was not a publicly traded company, so it was already probably much less scrutinised.. In addition, here is from a document available online, from IB: "IB LLC is rated “BBB+/Stable/A-2” by Standard & Poor’s. The firm’s global independent auditors are Deloitte & Touche." On top of the v...
by me81
Thu Mar 21, 2019 4:09 am
Forum: United Arab Emirates
Topic: First time investor at 24 y.o. with $1.5m, based in the UAE.
Replies: 11
Views: 2762

Re: First time investor at 24 y.o. with $1.5m, based in the UAE.

Hi there! I guess you have already received some great advice and you seem to have already made your mind up. I agree with most of whar's been said above, but would just raise a question to think over.. You obviously are is a great place financially, so it looks to me that your portfolio needs growt...
by me81
Thu Feb 14, 2019 9:17 am
Forum: United Arab Emirates
Topic: ETF in Real Estate
Replies: 2
Views: 567

Re: ETF in Real Estate

Hi Flo, Have you looked into IDWP (global REIT ETF)? It is on the pricey side (0.59%) but truly global, despite some US tilt... Cheaper options would be IPRP for European market only or IDUP for US market... When I looked, they all seem rather different in their focus (commercial vs residential vs b...
by me81
Sat Feb 02, 2019 3:40 am
Forum: Non-US Investing
Topic: Investment Portfolio - Maximizing Long Term Returns [Hong Kong, Dubai]
Replies: 10
Views: 1146

Re: Investment Portfolio - Maximizing Long Term Returns [Hong Kong, Dubai]

Hi there! While knowing what portfolio would give highest returns in 25yrs is not yet among my skills, common approaches in this community would likely be something like: 1. 2-fund portfolio: VWRD (FTSE All-World ETF, IE dom) + IAGG (or other, global bond ETF); 2. 3-fund portfolio: IWDA (MSCI Dev Wr...