Search found 33 matches

by steveyg50
Mon Sep 30, 2019 7:36 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1589
Views: 173365

Re: [What TV Show Have You Recently Watched?]

Anyone mentioned The Boys? Just finished first season, I think it's really rather brilliant. If you like black comedy. Best thing I've seen all year. Its a superhero series, but with superhero's as bad guys, quite a nice 'antidote' to Marvel really. Really very funny in places, also quite shockingly...
by steveyg50
Sun Sep 29, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Salt-Free Water Softeners
Replies: 42
Views: 3410

Re: Salt-Free Water Softeners

You can buy water hardness tests strips... Just immerse in water a few seconds... Bit like a pH test strip.

Or you can buy a digital hardness meter.... We got one at work, it matches the test strips so seems to be accurate enough. It was only approx $30/40 I believe.
by steveyg50
Thu Sep 19, 2019 5:08 pm
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1192

Re: Vanguard Ireland domiciled funds

Let's be honest, seems to me funds are domiciled in small countries due to tax fiddles basically. And if its true there is no compensation, I wish my funds were in UK. No, they are domiciled outside of the UK because up until 2014 the UK charged a 0.5% stamp duty on all purchases of ETFs domiciled ...
by steveyg50
Thu Sep 19, 2019 11:11 am
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1192

Re: Vanguard Ireland domiciled funds

The UK is a large conduit due to being one of the world's largest financial centres I would assume. The reason many small countries/territories that are tax havens are 'linked' to UK is because of historical world empire reasons and capitalist/democratic institutions instilled in them. They are now ...
by steveyg50
Thu Sep 19, 2019 7:31 am
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1192

Re: Vanguard Ireland domiciled funds

I am sure you are correct. But I personally will continue to split between Vanguard, Fidelity and Blackrock, but will exceed any compensation levels eventually,even uk ones. Well both Ireland and Luxemberg are tax havens, there's no doubt about that. Both currently in trouble with EU regarding sweet...
by steveyg50
Wed Sep 18, 2019 8:49 pm
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1192

Re: Vanguard Ireland domiciled funds

https://monevator.com/investor-compensation-scheme/ This article says Vanguard Irish domiciled funds are not covered by Irish compensation scheme. I think I may ask Vanguard.. Comparing to Iceland was a bit unfair, but the Irish compensation is only 20,000 euro, the article says its 500,000 dollars ...
by steveyg50
Wed Sep 18, 2019 6:51 pm
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1192

Re: Vanguard Ireland domiciled funds

Yes BeBH65, UK financial compensation scheme. Its 85k per company/financial institution should they go belly up. Its interesting Ireland don't have such a scheme, and all the Ireland domiciled funds therefore have no compensation. You'd think they would have such a scheme, to attract business, but l...
by steveyg50
Wed Sep 18, 2019 3:06 pm
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1192

Re: Vanguard Ireland domiciled funds

Ireland is a leading European domicile for exchange traded funds. Irish domiciled ETFs represent more than 50% of the total European ETF market. The maturity of the Irish service model ensures that ETF issuers have access to service providers with highly automated and scalable global models. 50% of ...
by steveyg50
Wed Sep 18, 2019 2:19 pm
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1192

Vanguard Ireland domiciled funds

Financial Services Compensation Scheme (FSCS) is the statutory fund of last resort that can pay compensation to consumers if a financial services firm is unable, or likely to be unable, to pay claims against it. The FSCS is an independent body, set up under the Financial Services and Markets Act 200...
by steveyg50
Sun Sep 15, 2019 3:37 pm
Forum: Non-US Investing
Topic: 3 fund portfolio for UK investor
Replies: 19
Views: 1343

Re: 3 fund portfolio for UK investor

More experienced than me can answer that, but if you are so worried about exposure to US you can always build your own 'world' portfolio more to your liking using Europe, Japan, US, Pacific ex-Japan and Emerging markets funds/ETF.

You can then reduce US exposure to your desired level.
by steveyg50
Sun Sep 15, 2019 3:18 pm
Forum: Non-US Investing
Topic: UK - Helping an older relative - Account Review
Replies: 12
Views: 795

Re: UK - Helping an older relative - Account Review

Maybe you know already, but perhaps worth pointing out that Fidelity index world tracks MSCI World index which is actually developed world, no Emerging markets. Seems misnamed to me. I have same fund in my SIPP, so added Fidelity index emerging markets at 20% of the World fund. Some would say 10 or ...
by steveyg50
Sat Sep 14, 2019 5:00 pm
Forum: Investing - Theory, News & General
Topic: The best portfolios when the going gets rough
Replies: 72
Views: 6886

Re: The best portfolios when the going gets rough

Interesting thing is that according to Bogleheads own data, Taylor's 40/60 3 fund portfolio has done very nearly as well (CAGR) as 80/20 over last 20 year period. Despite having 1/2 the equity. https://finpage.blog/2019/01/03/three-f ... 18-update/ In fact over last 20 years 20/80 is only 0.7% behin...
by steveyg50
Sun Sep 08, 2019 4:42 pm
Forum: Non-US Investing
Topic: 72 Year Old Retiree (UK)
Replies: 10
Views: 1493

Re: 72 Year Old Retiree (UK)

https://finpage.blog/2019/01/03/three-fund-portfolio-2018-update/ I found the above interesting - to compare 20 year performance of 80/20, 60/40 and 40/60. They are in fact very similar which surprised me. This info is for the 3 fund portfolio, but that should be pretty similar to your retiree. As p...
by steveyg50
Sat Sep 07, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Obsessing about money and investing
Replies: 21
Views: 2323

Re: Obsessing about money and investing

Do you check the front door 3 times before going to bed? Check taps, lights, cooker? Have to touch each knob of cooker in a sequence etc etc? Any other obsessive behaviour? Maybe you have a touch of OCD and it's focusing itself on this investment issue? I am doing all the above weird rituals before ...
by steveyg50
Thu Sep 05, 2019 1:42 pm
Forum: Non-US Investing
Topic: Full Mixed Asset Classes Portfolio - Diversification is the key
Replies: 12
Views: 1678

Re: Full Mixed Asset Classes Portfolio - Diversification is the key

Who was it said ' many a good plan is ruined by the pursuit of a perfect one.'

Could be what you're doing.
by steveyg50
Mon Sep 02, 2019 6:21 pm
Forum: Non-US Investing
Topic: Simple Equity Portfolio
Replies: 4
Views: 1247

Re: Simple Equity Portfolio

Going off on a tangent I have a question or two for you. I've been going through the MSCI website and looking at the data sheets/graphs for various factors etc. I have to say I haven't made up my mind, but at the moment I'm thinking the long term argument for small cap, quality and momentum seems be...
by steveyg50
Sat Aug 31, 2019 2:40 pm
Forum: Non-US Investing
Topic: Full Mixed Asset Classes Portfolio - Diversification is the key
Replies: 12
Views: 1678

Re: Full Mixed Asset Classes Portfolio - Diversification is the key

All your equity is in Value
1/3 of your equity is in small cap
1/3 of your equity is in EM

It doesn't look very diversified to me.
by steveyg50
Sat Aug 24, 2019 8:36 pm
Forum: Non-US Investing
Topic: Vanguard Lifestrategy 20
Replies: 15
Views: 2502

Re: Vanguard Lifestrategy 20

https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations you may find this link interesting also, if you haven't seen it. Historically worse case drop for 20/80 portfolio is approx 10%, but this was in 1931, how relevant this is today I dont know, I'm hoping the 2008 dr...
by steveyg50
Sat Aug 24, 2019 8:05 pm
Forum: Non-US Investing
Topic: Vanguard Lifestrategy 20
Replies: 15
Views: 2502

Re: Vanguard Lifestrategy 20

https://finpage.blog/2019/01/03/three-fund-portfolio-2018-update/ This article sums up historical performance of 20/80 portfolio as well as other allocations. Although it's a 20/80 3 fund portfolio, it will be fairly similar to Vanguard 20% I'd think. It only went down 3.8% in 2008. If you look at t...
by steveyg50
Tue Jul 23, 2019 7:31 pm
Forum: Non-US Investing
Topic: Uk portfolio
Replies: 12
Views: 751

Re: Uk portfolio

Can someone explain why I should not have higher proportion of index-linked and long term, when their performance seems far better? Long term bonds have a higher interest rate risk. Therefore their yield is better. Also what is the risk of having only UK gilts? Do we really need euro and global bon...
by steveyg50
Tue Jul 23, 2019 6:58 pm
Forum: Non-US Investing
Topic: UK bias in VG LifeStrategy and Retirement funds (UK)
Replies: 13
Views: 1031

Re: UK bias in VG LifeStrategy and Retirement funds (UK)

Going off on a tangent - how come VG have no world (ex US) funds like they do in US? Neither do Fidelity.... are there any? At the moment I put all my equity in VG Global all-cap. I'm not unhappy with the country % allocation, which looking at it near enough matches % of world stock market, but it ...
by steveyg50
Tue Jul 23, 2019 2:44 pm
Forum: Non-US Investing
Topic: Uk portfolio
Replies: 12
Views: 751

Re: Uk portfolio

I don't understand bonds either. If I may high jack your post, but it is relevant - I currently have these Vanguard bond funds in these proportions - 20% global bond index 30% UK government Bond index 30% UK inflation linked index 10% long duration Gilt index 10% UK investment grade bond I picked lo...
by steveyg50
Tue Jul 23, 2019 2:22 pm
Forum: Non-US Investing
Topic: UK bias in VG LifeStrategy and Retirement funds (UK)
Replies: 13
Views: 1031

Re: UK bias in VG LifeStrategy and Retirement funds (UK)

Going off on a tangent - how come VG have no world (ex US) funds like they do in US? Neither do Fidelity.... are there any? At the moment I put all my equity in VG Global all-cap. I'm not unhappy with the country % allocation, which looking at it near enough matches % of world stock market, but it w...
by steveyg50
Tue Jul 23, 2019 1:25 pm
Forum: Non-US Investing
Topic: [Wiki][UK] Personal pensions page finally fleshed out -- comments?
Replies: 6
Views: 521

Re: [Wiki][UK] Personal pensions page finally fleshed out -- comments?

Good work!

One thing - could be me being dumb, but in the allowance section it didn't seem you had explained clearly that the general rule is that you can only contribute up to 100 per cent of your earnings. (and get tax relief). BTW I assume this is gross earnings?
by steveyg50
Mon Jul 15, 2019 12:01 pm
Forum: Non-US Investing
Topic: UK bias in VG LifeStrategy and Retirement funds (UK)
Replies: 13
Views: 1031

Re: UK bias in VG LifeStrategy and Retirement funds (UK)

Ah I see, you think it's largely currency risk. Fair point. I wondered if there were other reasons... I dunno... some incentives. tax benefits.... belief UK going to perform very well in future... Well, all my bonds are in GBP and will have high bond proportion on retiring. So looking at past perfor...
by steveyg50
Sun Jul 14, 2019 4:14 pm
Forum: Non-US Investing
Topic: UK bias in VG LifeStrategy and Retirement funds (UK)
Replies: 13
Views: 1031

UK bias in VG LifeStrategy and Retirement funds (UK)

For the UK investor - looking at the make up of the various VG LifeStrategy and Retirement funds, the equity proportion of these funds is approx 20% to 25% UK. For comparison the VG FTSE global all cap fund has approx 5% UK, which seems more sensible. Also the VG FTSE all World and Developed world E...
by steveyg50
Sun Jul 14, 2019 3:34 pm
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4731

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

It could simply be that Vanguard feels this is somehow the right measure, in the same way that they feel that their LifeStrategy fund range should have a UK stocks bias relative to world market cap. There's no golden rule that says that Vanguard funds have to follow The BH Guide to Investing for as...
by steveyg50
Sun Jul 14, 2019 11:15 am
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 40
Views: 4731

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

(Newish UK investor) I am new to bonds and struggle to understand them at all ! I have read most of this thread and will have to read it again to be any the wiser ! But thanks for the information in the UK investing WIKI, thats great, very useful. I am struggling to reconcile what seems to be confli...
by steveyg50
Thu Jul 11, 2019 3:50 pm
Forum: Non-US Investing
Topic: Have recently acquired lump sum to invest [UK]
Replies: 17
Views: 1034

Re: Have recently acquired lump sum to invest [UK]

Yeah just realised I misunderstood completely the carry forward, like a dummy. Regarding government changes to SIPP rules that's a good point. I suppose if they spoil them a bit, one would max out ISA first then put in SIPP what's left.,not the other way round. Bit late what was already stashed in t...
by steveyg50
Thu Jul 11, 2019 3:25 pm
Forum: Non-US Investing
Topic: Have recently acquired lump sum to invest [UK]
Replies: 17
Views: 1034

Re: Have recently acquired lump sum to invest [UK]

[/quote] If the lump sum is double your salary you can’t put it all into the SIPP this tax year. If lump sum is 100k and salary is 50k the most you can pay into your SIPP is 50k even if you have much more in carryforward. You I would put as much into a SIPP as you earn, then 20k into an ISA. Then re...
by steveyg50
Thu Jul 11, 2019 1:57 pm
Forum: Non-US Investing
Topic: Have recently acquired lump sum to invest [UK]
Replies: 17
Views: 1034

Re: Have recently acquired lump sum to invest [UK]

The lump sum is approx double my salary. It will fit entirely into my SIPP given the carry forward rule, because have not paying much into pensions currently, only my works pension. My SIPP is new, I only just started it I thought I pretty much understood SIPP but please correct me if I'm wrong. So ...
by steveyg50
Wed Jul 10, 2019 3:33 pm
Forum: Non-US Investing
Topic: Have recently acquired lump sum to invest [UK]
Replies: 17
Views: 1034

Re: Have recently acquired lump sum to invest [UK]

Thanks guys, have watched video and read much of the links, and will keep reading, very useful stuff. I did especially like the J L Collins blog - it is in fact near identical opinions to the Bogle Guide book I just read. Am certainly letting emotion rule (fear) but with a lump sum acquired at what ...
by steveyg50
Tue Jul 09, 2019 7:22 pm
Forum: Non-US Investing
Topic: Have recently acquired lump sum to invest [UK]
Replies: 17
Views: 1034

Have recently acquired lump sum to invest [UK]

(Newish UK investor) I have just read Bogleheads Guide to Investing and also started The little Book of Common Sense investing. So am on the way to becoming a newbie Boglehead. :happy Definitely a newbie though, as you will see from my current agonising over options ! I am currently virtually out of...