Search found 526 matches

by Schlabba
Wed Jul 08, 2020 2:56 am
Forum: Non-US Investing
Topic: Should I take out a Home Equity Loan?
Replies: 4
Views: 227

Re: Should I take out a Home Equity Loan?

You rent it out for 2300 and the property is worth 800k. Thats a 3.4% return. How much are you expecting from appreciation? If your total is less than 7% I would sell it and put it in the stock market. Its hassle free and a better return on investment. If you take on leverage your ROI (and risk) wil...
by Schlabba
Wed Jul 08, 2020 2:51 am
Forum: Non-US Investing
Topic: Should I take out a Home Equity Loan?
Replies: 4
Views: 227

Re: Should I remortgage?

JamesUK wrote:
Tue Jul 07, 2020 6:38 pm
The market for buy to let in residential property is dead.
You said it is dead and you want to buy more properties as well?
by Schlabba
Tue Jul 07, 2020 1:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548695

Re: U.S. stocks continue to soar!

Someone here is gonna be an epic Boglehead-by-day, market-timer-by-night masked villian. I'm sure of it. :wink: They're not really masked around here, though... Some are proud of ignorance! -TheDDC I like it. Sometimes this forum feels too much like an echochamber of endlessly repeating boglehead p...
by Schlabba
Tue Jul 07, 2020 11:29 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548695

Re: U.S. stocks continue to soar!

...Seems like 2000 but its every era thinks its "different this time" yet history repeats across centuries. Will be something when the dollar loses its reserve currency and we Americans lose that privilege... Well maybe it is a little bit different this time. Just based on the US stock market: 1. W...
by Schlabba
Tue Jul 07, 2020 9:56 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548695

Re: U.S. stocks continue to soar!

I am concerned about the high valuations, but I am thinking long term here. I think the problem with this thread is that it encourages a short term point of view. The only two prices that should matter are the price you buy, and the price you sell--what happens inbetween those does not matter, yet ...
by Schlabba
Mon Jul 06, 2020 8:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6508
Views: 548695

Re: U.S. stocks continue to soar!

Nasdaq and S&P futures are up. Looking forward to another week of soaring equities. International developed and emerging are up even more. 8-) :moneybag Normally I have a look at my investments every day. 2 weeks ago I decided to not look at them at least until the end of July. This :moneybag is gi...
by Schlabba
Sat Jul 04, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 341
Views: 17339

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

I find it more than a little ironic that many own ex-U.S. stock to, among other reasons, guard against the possibility that a single nation's stocks go nowhere for a decade or longer, as Japan's has done, but for U.S. investors, ex-U.S. stock has done precisely that for the last 13+ years. They exp...
by Schlabba
Fri Jul 03, 2020 8:40 am
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 341
Views: 17339

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

But VTSAX does not include any of those companies until they become publicly owned, at which point theoretically the future growth should be priced in. $AMZN went public at $1.5 per share. It stayed under $2/share for months. It is now $2,890 per share. How was nearly x2,000 growth "priced in" back...
by Schlabba
Thu Jul 02, 2020 1:52 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 341
Views: 17339

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

WhiteMaxima wrote:
Thu Jul 02, 2020 1:39 pm
Ex-US is a big space: Asia, Europe, Afria, S America. Too big will average down. As long as US is still the leading economy, US will outperform ex-US. some country might outperform US but not ex-US.
Image
by Schlabba
Wed Jul 01, 2020 3:54 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 341
Views: 17339

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

My point was that just because the current high flyers appear to be indomitable does not mean that their forward performance will continue as it has for the last decade. U.S. large-cap growth will continue to outperform until it doesn't. Ex-U.S. will continue to underperform until it doesn't. But t...
by Schlabba
Wed Jul 01, 2020 11:15 am
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 341
Views: 17339

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

You work and live tech, you're so immersed in it that it's difficult to envision scenarios where companies, technologies, or trends are displaced, or the U.S. dominance of the sector diminished. I agree I might be susceptible to that, which is why I asked for dissenting opinions, specifically a pla...
by Schlabba
Wed Jul 01, 2020 11:00 am
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 341
Views: 17339

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

Railroads were the largest sector in the late 1800s early 1900s. You can find many anecdotes through newspaper articles and behavior that indicate many thought "what could threaten railroads?" until the automobile and airplane came along. Notice that these are all cases of dominant technology repla...
by Schlabba
Wed Jul 01, 2020 7:43 am
Forum: Non-US Investing
Topic: Moving back to europe - disposal of ETFs
Replies: 5
Views: 567

Re: Moving back to europe - disposal of ETFs

The Netherlands does not have capital gains or dividend tax. We only have "wealth tax". That is basically sending 1.2% of your net worth to the tax office each year.
So if you become a tax resident here you can "wash" all your capital gains away by selling and re-purchasing your ETF's.
by Schlabba
Tue Jun 30, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 341
Views: 17339

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

Does anyone have any data or graph on US-excluding-FAANG vs International? Or maybe US vs International with equal sector weights? It just seems that either FAANG or tech in general outperformed, but did the other industries also outperform this last 10 years? So if you want to base your decision on...
by Schlabba
Tue Jun 30, 2020 1:27 pm
Forum: Non-US Investing
Topic: Worry about low volume of VHVE + VFEA
Replies: 17
Views: 1052

Re: Worry about low volume of VHVE + VFEA

I'm with IB at the moment since I'm from Thailand. After going here and there, I don't think it can go wrong with VWRA and lets chill ! You've decided that 0,09% TER difference between VWRA (FTSE All World) and VHVE/VFEA (FTSE Developed & Emerging) combination isn't worth the hassle? I might do the...
by Schlabba
Tue Jun 30, 2020 3:47 am
Forum: Non-US Investing
Topic: Worry about low volume of VHVE + VFEA
Replies: 17
Views: 1052

Re: Worry about low volume of VHVE + VFEA

Rosales wrote:
Tue Jun 30, 2020 3:45 am
As of today, what would be the correct market-cap ratio between FTSE Developed and FTSE Emerging Markets?
9.80% EM. The easiest way is to look it up here:
https://investor.vanguard.com/etf/profile/VT
by Schlabba
Mon Jun 29, 2020 12:33 pm
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 98
Views: 7332

Re: Best watch for $5,000+

I am looking at a JLC master control date, steel. The older ones are 37mm, which I like (and now several under 5k). They seem stylish and elegant, while understated. Kind of a poorer version of, say a Vacheron Patrimony, which is outside my range. One concern is that clothing styles, including my o...
by Schlabba
Sun Jun 28, 2020 10:38 am
Forum: Investing - Theory, News & General
Topic: Should I invest my emergency fund?
Replies: 157
Views: 32063

Re: Should I invest my emergency fund?

(C) My wife can increase her hours, a severance and unemployment will carry us further than a year, our parents will pay our rent, there’s close to 0% unemployment in my field and can find something else that is comparable within a year (get pinged on LinkedIn daily), can dramatically lower expense...
by Schlabba
Sat Jun 27, 2020 2:56 am
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 98
Views: 7332

Re: Best watch for $5,000+

I had a Rolex GMT II and Explorer. Never wore them. I'm pretty active and I found they just got in the way. The guy that bought them from me was very happy because they were essentially new. My daily watch is the classic Timex Ironman, but I still have a couple nice watches--both are Sinns. Sinns a...
by Schlabba
Thu Jun 25, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: Dividend payouts not as low as expected. Any conclusions to be drawn from that?
Replies: 13
Views: 1398

Re: Dividend payouts not as low as expected. Any conclusions to be drawn from that?

from Washington Post The Federal Reserve ordered the country’s 34 biggest banks, including JPMorgan Chase, Wells Fargo and Bank of America, to suspend their stock buyback programs and to limit dividend payments to shareholders. Not sure what "limit" means here; probably have to go directly to FED d...
by Schlabba
Thu Jun 25, 2020 1:58 pm
Forum: Non-US Investing
Topic: Advice on my stock portfolio? [Uruguay]
Replies: 19
Views: 644

Re: Advice on my stock portfolio? [Uruguay]

By far, the easiest and surest way to increase your expected return is to increase your stock allocation and decrease your precious metals allocation. All posts about value/size/shifts in global weight/etc. are trivial in comparison. I know. However, expected return is not the only thing I'm trying...
by Schlabba
Thu Jun 25, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 98
Views: 7332

Re: Best watch for $5,000+

I was considering the blue dial and black dial Omega Aqua Terra. I decided I like the blue more because with the order in for the Rolex Explorer 1 I shouldn't get a 2nd black dial watch. But then I found out there is an Omega Aqua Terra with a green dial! I don't even have my Explorer yet and I am a...
by Schlabba
Thu Jun 25, 2020 1:11 pm
Forum: Non-US Investing
Topic: Advice on my stock portfolio? [Uruguay]
Replies: 19
Views: 644

Re: Advice on my stock portfolio? [Uruguay]

Your stock allocation has higher expected returns than a typical Boglehead stock allocation according to models made by people who think valuations matter. But if you really want to increase expected returns, sell some of that fixed income and increase your allocation to stocks. I'm not sure if you...
by Schlabba
Thu Jun 25, 2020 5:59 am
Forum: Non-US Investing
Topic: Real Estate vs. Buying more index (Australia)
Replies: 19
Views: 1333

Re: Real Estate vs. Buying more index (Australia)

, but this is such a big one that I don't see how it can make sense as an investment. As for being a house to live in, there is utility which is a big factor, plus no CGT (for now anyway), plus potentially no stamp duty on your first property. So there can be a case for that. ... But the shift towa...
by Schlabba
Thu Jun 25, 2020 1:49 am
Forum: Non-US Investing
Topic: Real Estate vs. Buying more index (Australia)
Replies: 19
Views: 1333

Re: Real Estate vs. Buying more index (Australia)

What are everyone's thoughts on having property in their portfolio vs. just having the index? I am considering it either as an investment property or own home due to the tax breaks such as negative gearing and potentially no tax on capital gains as well as the ability to leverage. It really depends...
by Schlabba
Wed Jun 24, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard REIT (VNQ) crashing?
Replies: 17
Views: 2305

Re: Why is Vanguard REIT (VNQ) crashing?

The short term moving average crossed the long term moving average, and also the RSI indicated strength. Furthermore there was a resistance at this level in 2001 and there was a touch of the bollinger bands.



(Just joking ofcourse)
by Schlabba
Sat Jun 20, 2020 6:17 am
Forum: Non-US Investing
Topic: High Yield Bond ETF, why not?
Replies: 20
Views: 1507

Re: High Yield Bond ETF, why not?

Thanks everyone for your informative replies. Schlabba, I'm almost through the thread you linked and am learning a lot, thank you. Without turning this thread into a Total Stock vs Dividend thread , I want to ask you why you invest in Dividend Stocks.(as you mentioned in your signature) The other r...
by Schlabba
Thu Jun 18, 2020 12:39 pm
Forum: Non-US Investing
Topic: High Yield Bond ETF, why not?
Replies: 20
Views: 1507

Re: High Yield Bond ETF, why not?

... Once we realise that dividends are an actual sale from the value of your shares, we can then understand that when stocks are valued low, you are not "saving your bonds", what is really happening is that by not reinvesting the extra dividends, you're eating into more of your stocks when they're ...
by Schlabba
Thu Jun 18, 2020 9:03 am
Forum: Non-US Investing
Topic: High Yield Bond ETF, why not?
Replies: 20
Views: 1507

Re: High Yield Bond ETF, why not?

Thanks everyone for your informative replies. Schlabba, I'm almost through the thread you linked and am learning a lot, thank you. Without turning this thread into a Total Stock vs Dividend thread, I want to ask you why you invest in Dividend Stocks.(as you mentioned in your signature) The other re...
by Schlabba
Thu Jun 18, 2020 3:37 am
Forum: Non-US Investing
Topic: High Yield Bond ETF, why not?
Replies: 20
Views: 1507

Re: High Yield Bond ETF, why not?

I am wondering if any high yield ETFs are available to you with an expense ratio of less than .50%? That is higher than I want to pay. Hi Vanguard Fan, I found this ETF on https://www.ucits-etfs.com/ and there seems to be other high yield etfs listed there as well, but I don't know if the expense r...
by Schlabba
Thu Jun 18, 2020 1:52 am
Forum: Non-US Investing
Topic: High Yield Bond ETF, why not?
Replies: 20
Views: 1507

Re: High Yield Bond ETF, why not?

Hi everyone, I hope you are all well. I'm a newbie to investing so I think I still can't grasp some basic topics totally, so if this question sounds a little too newbieish, I apologize. I have some money that's soon coming from a real estate sale, and I'm trying to figure out what to do with it, so...
by Schlabba
Wed Jun 17, 2020 12:25 pm
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 98
Views: 7332

Re: Best watch for $5,000+

txaggie wrote:
Tue Jun 16, 2020 9:34 pm
My favorite watch is a Grand Seiko spring drive. I own a Grand Seiko SBGA109 with a beautiful tatami dial.

I also like my Rolex, Audemars Piguet, and Panerai watches.
Which models do you have for your other brands?
by Schlabba
Tue Jun 16, 2020 8:49 am
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 98
Views: 7332

Re: Best watch for $5,000+

I'd suggest a classic Casio G-Shock 5600 and $4950 in your pocket. And this coming from a guy wearing a submariner that I wish I'd never bought. Eye Surgeon - I hear you! I own and still love my Sub, but don't wear it sometimes as I don't like people knowing I'm wearing a "Rolex." In that sense I d...
by Schlabba
Tue Jun 16, 2020 8:20 am
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 98
Views: 7332

Re: Best watch for $5,000+

I'd suggest a classic Casio G-Shock 5600 and $4950 in your pocket. And this coming from a guy wearing a submariner that I wish I'd never bought. Eye Surgeon - I hear you! I own and still love my Sub, but don't wear it sometimes as I don't like people knowing I'm wearing a "Rolex." In that sense I d...
by Schlabba
Tue Jun 16, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 98
Views: 7332

Re: Best watch for $5,000+

I'd suggest a classic Casio G-Shock 5600 and $4950 in your pocket. And this coming from a guy wearing a submariner that I wish I'd never bought. Eye Surgeon - I hear you! I own and still love my Sub, but don't wear it sometimes as I don't like people knowing I'm wearing a "Rolex." In that sense I d...
by Schlabba
Mon Jun 15, 2020 4:38 pm
Forum: Personal Consumer Issues
Topic: Do you reward yourself for achieving a financial goal?
Replies: 167
Views: 12130

Re: Do you reward yourself for achieving a financial goal?

I would say my rewards are included in the "guilt free spending money" I set aside every month. Very basic, but once my monthly investing goals and living expeneses are paid, everything else is sacred free spending. So if I dream of a Rolex, I can decide if I'm using that amount to buy it. Could be...
by Schlabba
Sun Jun 14, 2020 4:54 am
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11555

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

Last week Vanguard published this article "Beyond the pandemic: What to expect from stocks, bonds" https://investornews.vanguard/beyond-the-pandemic-what-to-expect-from-stocks-bonds International stocks have been a disastrous investment. I see no reason why things will get better. Is that what they...
by Schlabba
Sun Jun 14, 2020 4:00 am
Forum: Personal Consumer Issues
Topic: Do you reward yourself for achieving a financial goal?
Replies: 167
Views: 12130

Re: Do you reward yourself for achieving a financial goal?

^^^ Yeah sure. I didn't read the entire thread, but there's a waiting period to get a Rolex? I have the same waiting period problem at Walmart when there is no associate to be found so I can get my cheapo-watch-of-the-year for $19. I wanted to do something rewarding for attaining a major (to me) fi...
by Schlabba
Sat Jun 13, 2020 11:09 am
Forum: Non-US Investing
Topic: Easy to change my mind [UK]
Replies: 26
Views: 1395

Re: Easy to change my mind [UK]

Articles on the Internet and paid advisors seek to complicate and confuse because how else do they get eyeballs and Advisory fees. Actually, I think your case should be super simple. The “Little Book” recommended above is eye opening. You may also like to check out “The Elements of Investing” by Ma...
by Schlabba
Sat Jun 13, 2020 8:59 am
Forum: Personal Consumer Issues
Topic: Do you reward yourself for achieving a financial goal?
Replies: 167
Views: 12130

Re: Do you reward yourself for achieving a financial goal?

I am back to my very old thread to say that I finally pulled the trigger on the Rolex. I'm on the waiting list now and if anyone is interested I'll post pictures in 3 to 6 months time!
by Schlabba
Sat Jun 13, 2020 8:56 am
Forum: Personal Consumer Issues
Topic: Really hard to avoid "Keeping up with the Joneses"!
Replies: 313
Views: 31978

Re: Have you ever kept up with the Jones’?

Managing money is not just saving up/investing as much as possible. Being good with money also means knowing how to spend it.

On buying a larger house I wouldn't be so worried about it. Houses usually keep their value. This is even true for some other luxury items.
by Schlabba
Sat Jun 13, 2020 8:45 am
Forum: Non-US Investing
Topic: Possible to work out my life returns?
Replies: 17
Views: 855

Re: Possible to work out my life returns?

I have never tracked my returns, and I don’t think it’s possible to do it now. It’s frustrating me because I’m wondering how much of my networth is from investment gains and how much from saving. Well I built myself an entire app just for trying to working that out because I was super curious. I ho...
by Schlabba
Sat Jun 13, 2020 8:39 am
Forum: Non-US Investing
Topic: Possible to work out my life returns?
Replies: 17
Views: 855

Re: Possible to work out my life returns?

I’m 42 and have been working and saving since 22. Salary 20 up to 60k then about 130k for the last 9 years. Lump sum of 290k 7 years ago from sale of a property. I have around 1 million invested, not including my DB pension. I’m made loads of mistakes along the way but Bogleheading it for the last ...
by Schlabba
Sat Jun 13, 2020 3:52 am
Forum: Non-US Investing
Topic: Easy to change my mind [UK]
Replies: 26
Views: 1395

Re: Easy to change my mind [UK]

Hi guys, I am new to investing (and based in the UK), and I have built my portfolio based on lots of materials I've read recently, which is UK all-share 10% developed world ex UK 5% US equity index 65% bond (20%) At the same time, my husband is holding the same amount all in FTSE global all-cap (wh...
by Schlabba
Sat Jun 13, 2020 1:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11555

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

Last week Vanguard published this article "Beyond the pandemic: What to expect from stocks, bonds" https://investornews.vanguard/beyond-the-pandemic-what-to-expect-from-stocks-bonds Here are some important figures: https://investornews.vanguard/wp-content/uploads/sites/6/2020/06/asset_class_us_equi...
by Schlabba
Thu Jun 11, 2020 2:23 pm
Forum: Non-US Investing
Topic: US stock tilt for European investors
Replies: 22
Views: 1083

Re: US stock tilt for European investors

Hi NickG, What were you trying to achieve with the tilt? Or what are you looking to find with Value/Quality/MinVol funds? Hopefully higher risk-adjusted return or lower drawdown in a crisis. I've read some of the discussions on the forum and it seems that there are very good arguments both ways (in...
by Schlabba
Thu Jun 11, 2020 1:19 pm
Forum: Non-US Investing
Topic: US stock tilt for European investors
Replies: 22
Views: 1083

Re: US stock tilt for European investors

Thank you, Valuethinker. You've helped me abandon the idea of tilting to US equities. I'll switch my attention to thinking about including a factor fund like MSCI World Value Factor / Quality Factor / Minimum Volatility. I probably shouldn't complicate things, but I'm tempted :) Hi NickG, What were...
by Schlabba
Thu Jun 11, 2020 3:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19123

Re: Vanguard High Dividend Yield Index Fund

I'm surprised that no one has yet explicitly compared the total return of Vanguard High Dividend Yield with Vanguard Total Stock Market. Here's a Morningstar growth chart that compares the admiral shares of these two mutual funds (VHYAX and VTSAX). The results should be practically the same for the...
by Schlabba
Wed Jun 10, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Dividend Yield Index Fund
Replies: 194
Views: 19123

Re: Vanguard High Dividend Yield Index Fund

Actually, I am wrong. Its largest holding by sector is healthcare at 17.75%. The Energy slice comes in at 6.49 which is almost twice what S&P 500 now holds at 3.05%. VYM holds 15.66% in financials versus 13.43% for S&P 500. This slight overweighting doesn't make it less diversified. VYM is a very n...