Search found 127 matches

by michoco911
Thu Jun 04, 2020 2:08 pm
Forum: Investing - Theory, News & General
Topic: How to Track Investment Profit?
Replies: 10
Views: 566

Re: How to Track Investment Profit?

OK, thanks for your inputs.
I’ll stick to my Excel formulas in that case.
by michoco911
Thu Jun 04, 2020 4:36 am
Forum: Investing - Theory, News & General
Topic: How to Track Investment Profit?
Replies: 10
Views: 566

How to Track Investment Profit?

Hi All Wanted to hear from you about how you track your investment profit, by that i mean the different between your money invested and actual value of those investments? When you buy and hold the ETF it is easy as it shows the profit in the platform, but when you sell to rebalance and buy new stuff...
by michoco911
Sat May 23, 2020 12:39 am
Forum: Investing - Theory, News & General
Topic: The Taleb Asness 'debate' in the light of Bogleheads philosophy
Replies: 146
Views: 7035

Re: The Taleb Asness 'debate' in the light of Bogleheads philosphy

Boeing and Airbus have made provably bad design decisions, but I'll still fly their planes (well, before corona). They are darn good, and have no better alternative. MPT probably has bad assumptions. Efficient market theory has always been incorrect, but it is very difficult, and often costly, to p...
by michoco911
Fri May 22, 2020 6:55 am
Forum: Personal Investments
Topic: Appropriate rate of AA adjustment
Replies: 8
Views: 540

Re: Appropriate rate of AA adjustment

I think you should have done it before, but now that you have reached this stage, if 80/20 is what you see suitable for you, then do it as one shot.
by michoco911
Fri May 15, 2020 1:06 am
Forum: Non-US Investing
Topic: Avoid Saxo Inactivity Fee
Replies: 5
Views: 531

Re: Avoid Saxo Inactivity Fee

helloyou wrote:
Thu May 14, 2020 9:54 pm
If it wasn’t for Saxo’s great app and quality, well integrated news feed I would be using IB instead.
Agree 100%
by michoco911
Thu May 14, 2020 10:35 am
Forum: Non-US Investing
Topic: Vanguard All World ETFs
Replies: 18
Views: 2481

Re: Vanguard All World ETFs

VWRA is the accumulating version of VWRD
by michoco911
Thu May 14, 2020 10:33 am
Forum: Non-US Investing
Topic: The quest for a second broker [Uruguay]
Replies: 5
Views: 355

Re: The quest for a second broker [Uruguay]

Go with Saxo.
Custody fees should be 0.12% i guess and not 0.25% also this should be considered as kind of insurance because your investment is protected by Citibank in that case i guess
by michoco911
Thu May 14, 2020 10:30 am
Forum: Non-US Investing
Topic: Avoid Saxo Inactivity Fee
Replies: 5
Views: 531

Re: Avoid Saxo Inactivity Fee

Any small trade is fine. If you don't want to trade, then buy your ETF with the amount you have (keep some for custody fees monthly expenses), this way you stay the course at an 8 pound cost. Twice that amount a year is better than 100$ inactivity fee
by michoco911
Wed May 06, 2020 12:08 am
Forum: Non-US Investing
Topic: Irish Domiciled VTI Alternative?
Replies: 12
Views: 2227

Re: Irish Domiciled VTI Alternative?

JimBeam wrote:
Tue May 05, 2020 11:39 am
You can build VTI with 2 Ireland domiciled ETFs, with TER of 0.12%. I don't see any possibility of building VTI with just one ETF traded in Europe.
Which ones?
by michoco911
Tue May 05, 2020 11:24 am
Forum: Non-US Investing
Topic: Irish Domiciled VTI Alternative?
Replies: 12
Views: 2227

Re: Irish Domiciled VTI Alternative?

Any change in this one or still there is no VTI etf equivalent domiciled in Ireland and we should stick to S&P500 like ETFs?
by michoco911
Tue May 05, 2020 11:16 am
Forum: Non-US Investing
Topic: Cash or bonds? ...until the stock market settles down
Replies: 23
Views: 2106

Re: Cash or bonds? ...until the stock market settles down

Look at VIX before assuming anything. It has gone down significantly recentely. Don't look at news articles. While I would not bet on there being bull run now I don't see any significant risk to putting money in the table now. While VIX is an indicator about volatility, it appears like its value re...
by michoco911
Tue Apr 21, 2020 4:25 am
Forum: Non-US Investing
Topic: Free Portfolio Trackers?
Replies: 5
Views: 565

Re: Free Portfolio Trackers?

I used Yahoo finance and Marketwatch Apps
by michoco911
Sat Apr 18, 2020 1:51 pm
Forum: Investing - Theory, News & General
Topic: My Road to Investment Success
Replies: 30
Views: 4048

Re: My Road to Investment Success

Bogleheads: I began investing in individual stocks at the age of 26. Looking back 70 years, I realize I was a slow learner: I stopped betting on individual stocks many decades ago (I'm now 96). I stopped betting on individual funds many years after that. I stopped betting on style categories after ...
by michoco911
Tue Apr 14, 2020 4:49 pm
Forum: Personal Investments
Topic: Is it time for me to rebalance?
Replies: 41
Views: 2304

Re: Is it time for me to rebalance?

OP here again. Are there any free or low cost tools online that can track one's AA across mutiple providers in real time (ie etrade, vanguard, fidelity, banks, online banks, other fixed income sources, etc.) and notify you of your daily AA? Excel is my friend here. One with my portfolio of stocks a...
by michoco911
Fri Apr 10, 2020 11:42 am
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 92
Views: 6080

Re: How long after starting investing, did you start to be happy about the power of compounding?

Hello BH, How long after starting investing, did you start to be happy about the power of compounding? I am currently reading a book saying: "The funds you choose don't matter nearly as much as allowing compound interest to work in your favor. In fact, the bulk of your portfolio growth in the first...
by michoco911
Mon Apr 06, 2020 7:23 am
Forum: Personal Investments
Topic: Layered Emergency Fund
Replies: 30
Views: 2422

Re: Layered Emergency Fund

After this Covid-19 scare I think I would like to get a little more conservative with my emergency fund. Right now I only have 3 months in a money market account and then have money in stocks in a taxable. I'm thinking I want to get maybe 2 or 3 months into a savings account and leave 3 months in t...
by michoco911
Sun Apr 05, 2020 1:49 pm
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11025

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

Bogleheads, As a maturing Boglehead, i'm not panicking but I am concerned with a loss of about 8% total in my portfolio due to current conditions. I have a great emergency fund so I'm stable. No job impacts (still working, differently), although my stock grants are now likely to be sold at a loss. ...
by michoco911
Sat Apr 04, 2020 5:36 am
Forum: Non-US Investing
Topic: Emergency Fund for non-US investors
Replies: 7
Views: 599

Re: Emergency Fund for non-US investors

I keep: 2-3 months worth of EUR in a normal bank account in my own country (no interest) 2-3 months worth of EUR in a savings account in a bank of a neighbouring country (1% interest) 2-3 months worth of mostly EUR and some USD notes in an envelope at home (helps in case there is some kind of crisi...
by michoco911
Wed Apr 01, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6320

Re: What is your age/AA during this crisis?

Noobvestor wrote:
Tue Mar 31, 2020 8:36 pm
My AA and age have stayed basically the same (well, rounded at least) before and during the crisis :beer

(60/40 stocks/bonds and 40 years old)
Same for me
by michoco911
Tue Mar 31, 2020 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 263
Views: 41427

Re: How Much in Your Emergency Fund And Is It Used?

np81 wrote:
Tue Mar 07, 2017 9:45 am
unclescrooge wrote:Several months ago, I had to come up with $1.3 million in cash after my wife insisted we buy a specific house.
Apparently, we have very different opinions on the term 'emergency'. ;)
+1

Wife insists on a lot of stuff.
A 1M$ house is not one of that is considered as emergency
by michoco911
Tue Mar 31, 2020 10:55 am
Forum: Non-US Investing
Topic: Emergency Fund for non-US investors
Replies: 7
Views: 599

Emergency Fund for non-US investors

Hi All

Would like to know how non-US investors with stocks and bonds domiciled in Ireland mainly, handle their emergency funds money.
Where do you keep that? A bank account ready for use where needed?
Any better alternatives.
Thanks for sharing your actual status
by michoco911
Tue Mar 31, 2020 2:12 am
Forum: Personal Investments
Topic: Rebalancing thoughts for this current market
Replies: 8
Views: 890

Re: Rebalancing thoughts for this current market

rebalance as planned at set intervals (5% change). But my thought or question after doing a normal end-of-1st-quarter check-in, seeing my stock/bond AA was 3% off, was would it make sense to do more and smaller rebalances over this maybe long downturn rather than few larger rebalances? I follow the...
by michoco911
Sat Mar 28, 2020 2:51 pm
Forum: Personal Investments
Topic: 60/40 Doesn't Cut it Anymore?
Replies: 84
Views: 12447

Re: 60/40 Doesn't Cut it Anymore?

If the primary objective is the long-term growth of capital, Siegel's suggestion makes sense. In my view----at least conceptually----what Siegel is saying is not all that different from Buffett's proclamation that, for his wife, her "inheritance" be invested 90% S&P 500 index fund, 10% short term g...
by michoco911
Sat Mar 28, 2020 9:43 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

With a 20% drop, you will not be 48% stocks. You'll be 54.5% stocks. 48 divided by 88 equals 54.5%. YES By 48 i mean assume each stock is 1$ and each bond is 1$ and total investment is 100$, with a 20% drop, the 60$ stocks will become 48$ + 40$ bond (assuming bonds did not move) which is actually 4...
by michoco911
Sat Mar 28, 2020 9:24 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

So if stocks drop 20%, you'll only then begin adding new money to 100% stocks? If you're 60/40 and stocks drop 10% or 19%, you'll be somewhere below 60/40, but still adding at a 60/40 rate? Why not just always add to whatever asset class is low? With 20% drop, the 60/40 will become 48% overall stoc...
by michoco911
Sat Mar 28, 2020 8:45 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

Would like to hear advise and feedback from experienced long time investors about my IPS rebalancing policy. AA: 60/40 ... [followed by complicated stuff] Some of us prefer the simplicity of an automatically-rebalanced broadly-diversified index One-Fund Portfolio . An all-in-one 60/40 stock/bond fu...
by michoco911
Sat Mar 28, 2020 8:19 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

I really don't follow your strategy. I doubt I'm the only one. Maybe an example would help. OK If stocks drop by 20%, i would not like to rebalance by reducing my bonds/fixed income share as i think it is too early and risky. If i have money to invest (still have a job, etc..) i will buy equity as ...
by michoco911
Sat Mar 28, 2020 6:54 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

I think that is far too complex and I doubt most would stick to it. Just keep it simple by doing one of the following. Make no distinction to what the market is doing at any particular time. No "overbalancing." A. Rebalance once per year on a predetermined date. B. Rebalance when off by 5%, i.e. 60...
by michoco911
Sat Mar 28, 2020 6:47 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

We rebalance once per year in January. E.g. start at 50/50. If equities are down 20% we over-rebalance by 5%. So 55/45. If they're down 40% we over-rebalance by 10%. So 60/40. When we pass our portfolio's largest value we rebalance back to 50/50. Then we just cruise along until the next bear. We've...
by michoco911
Sat Mar 28, 2020 2:42 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

Stocks are a lot riskier than in january, even after a 30% drop, because nobody has the foggiest idea of the full impact of the virus. Maybe next March everything will be back to normality (in relative terms), maybe we will have an epochal tragedy with millions of deaths and the economy crippled fo...
by michoco911
Sat Mar 28, 2020 2:30 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

Hello Seems a bit conservative to wait for a 60% down that may elude you for a lifetime by a few percent, but okay. Need to define when the bear market ends more clearly. Yea but by the time it is 50%, i would have done 3 rebalancing actions already, it is not that i am waiting for 60% drop to move...
by michoco911
Sat Mar 28, 2020 1:52 am
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

Re: IPS - Rebalancing Strategy - Feedback

How did you pick your numbers ? Regardless, it looks like your philosophy is that after a huge drop stocks become less risky, therefore you increase their portion in your AA to maintain total portfolio risk constant. Sometimes that is true. This really looks like a case when it is not. I have 15 to...
by michoco911
Fri Mar 27, 2020 11:33 pm
Forum: Investing - Theory, News & General
Topic: IPS - Rebalancing Strategy - Feedback
Replies: 22
Views: 734

IPS - Rebalancing Strategy - Feedback

Hello Would like to hear advise and feedback from experienced long time investors about my IPS rebalancing policy. AA: 60/40 Rebalance during Bull Market: - Rebalance when AA differs by 5% up (65% stocks / 35% Bonds)- Equivalent to 25% stocks gain Rebalance during Bear Market: - 1st Rebalance using ...
by michoco911
Fri Mar 27, 2020 7:23 am
Forum: Investing - Theory, News & General
Topic: Do any of you not rebalance?
Replies: 57
Views: 3042

Re: Do any of you not rebalance?

Hey Bogleheads, Do we have any among us who do not rebalance their portfolios? If this is you, do you always contribute per your AA? Maybe your desired AA is 70/30 and the market takes it up to 76/24 over a period of time. Do you always put new money in at 70/30 and essentially ignore the AA Actual...
by michoco911
Fri Mar 27, 2020 12:03 am
Forum: Investing - Theory, News & General
Topic: How to avoid temptation of Stock Picking during market crash
Replies: 48
Views: 2827

Re: How to avoid temptation of Stock Picking during market crash

Hi all. This is the first market crash I have been invested in. I own only index funds and I subscribe to the passive investing philosophy. However, a small part of my Ego is watching the stock tickers and I’m noticing some deep discounts on big name stocks and ETFs, such as: Vanguard Energy ETF Hi...
by michoco911
Thu Mar 26, 2020 10:24 am
Forum: Personal Investments
Topic: How a new investor should begin during bear market
Replies: 10
Views: 828

Re: How a new investor should begin during bear market

If you are a 30yr old new investor opening an Ira in today’s bear market with less than 5k to invest what do you start with? Target index fund Total us market fund 3 fund portfolio Four-in-one fund I read somewhere that the rate of savings and amounts invested regularly will impact your overall fin...
by michoco911
Thu Mar 26, 2020 10:18 am
Forum: Personal Investments
Topic: Rick Ferri says to put aside something for "Bingo Money"
Replies: 76
Views: 9174

Re: Rick Ferri says to put aside something for "Bingo Money"

That’s great if you are able to do that and not be tempted to let it grow to a larger part of your portfolio. My IPS says, that due to past performance, I’m no longer allowed to buy an individual stock. I think my IPS is so mean but it says it’s just being strict because it loves me. Yes it can be ...
by michoco911
Wed Mar 25, 2020 11:18 pm
Forum: Personal Investments
Topic: Rick Ferri says to put aside something for "Bingo Money"
Replies: 76
Views: 9174

Re: Rick Ferri says to put aside something for "Bingo Money"

Jack Bogle in the excellent book "The Little Book of Common Sense Investing" advised that if investors really wanted a "funny money account" that it should represent no more than 5% of the portfolio. However, he also advised to compare it to your index fund portfolio of Total Stock and Total Bond. ...
by michoco911
Tue Mar 24, 2020 1:59 pm
Forum: Personal Investments
Topic: Thread: It’s your First recession (or not) and you’re staying the course
Replies: 65
Views: 3668

Re: Thread: It’s your First recession (or not) and you’re staying the course

First crash for me, maintaining the course and rebalancing with fresh money when needed. What helped: 1. Zero Debt 2. Convinced with my asset allocation based on a lot of reading 3. Clearly written IPS with clear details about how and when to rebalance when market is up or down removing any confusio...
by michoco911
Mon Mar 23, 2020 1:29 pm
Forum: Personal Investments
Topic: Anyone else increasing their equity allocation?
Replies: 28
Views: 2951

Re: Anyone else increasing their equity allocation?

I am at 60/40. Rebalanced once last week. I am rebalancing on AA 5% drifts with fresh money (new investment). I will do another rebalance at 55/45 with fresh money. I am not touching my bonds for now. If things go too much deep later on, i might rebalance by selling bonds and buying equity with that...
by michoco911
Mon Mar 23, 2020 9:16 am
Forum: Investing - Theory, News & General
Topic: VIX as part of rebalancing strategy
Replies: 1
Views: 173

VIX as part of rebalancing strategy

I have been in this forum for the past 2 years and i have built my IPS based on books read and guidelines here. However this is the first week where i hear several posts about adding VIX (Volatility Index) as part of the rebalancing formula and decision factors. Any links that detail that or comment...
by michoco911
Mon Mar 23, 2020 9:14 am
Forum: Investing - Theory, News & General
Topic: How often do you re-balance during these times?
Replies: 42
Views: 3500

Re: How often do you re-balance during these times?

My personal IPS says that I will rebalance when I am off by 5%. I got there last week, but my IPS also says not to do anything major when the VIX (CBOE Volatility Index) is going crazy. In the past few weeks, the VIX has zoomed to more than 50 (it was more than 60 on Thursday), vs a "normal" level ...
by michoco911
Sun Mar 22, 2020 11:48 pm
Forum: Investing - Theory, News & General
Topic: Why are the same investors who said they wanted another 2008 now unwilling to buy into the market?
Replies: 31
Views: 2776

Re: Why are the same investors who said they wanted another 2008 now unwilling to buy into the market?

The problem is when do you buy back in? Let's say you decide will buy when the indices are down 50%. If they don't go down that far then you miss out. When 50% comes they don't to buy because it might go down 60% etc. You set an investment policy and buy based on it without too much emotion. Most o...
by michoco911
Sun Mar 22, 2020 2:18 pm
Forum: Investing - Theory, News & General
Topic: Are current recession's comparisons to Great Depression doomer tier, accurate or understated?
Replies: 112
Views: 8977

Re: Are current recession's comparisons to Great Depression doomer tier, accurate or understated?

None of those crisises had clear indicators that corona had. I also was never sure about anything in economics. I never tried predicting crashes. This wass the only time I did it and I was right. 100% accuracy. If only had my vision not been clouded by "stay the course" dogma. Not sure why i feel f...
by michoco911
Sat Mar 21, 2020 8:17 pm
Forum: Personal Investments
Topic: Reassessing AA
Replies: 2
Views: 206

Re: Reassessing AA

Makes perfect sense for me.
If real life proves your old IPS cannot be followed, change it to reflect your reality and remove the confusion.
So far my IPS is doing fine and i rebalanced last week without concerns.
by michoco911
Sat Mar 21, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: COVID Crash: What did you get right?
Replies: 61
Views: 2738

Re: COVID Crash: What did you get right?

Best thing I did was put several hundred thousand of cash into HYS accounts over the last few years rather than the market. Wasn't predicting anything specific, just staying at 60/40. And market gains alone were keeping the stock portion at 60. So the 60/40 approach forced me to avoid buying high, ...
by michoco911
Sat Mar 21, 2020 12:08 am
Forum: Investing - Theory, News & General
Topic: Is it really that bad?
Replies: 96
Views: 7972

Re: Is it really that bad?

[/quote]

Thanks.

I hope for the best and plan for the worst!

KlangFool
[/quote]

Best advice of the day
by michoco911
Sat Mar 21, 2020 12:02 am
Forum: Investing - Theory, News & General
Topic: I cant "Stay the Course" - Rebalance/IPS
Replies: 56
Views: 4500

Re: I cant "Stay the Course" - Rebalance/IPS

My IPS includes a statement not to rebalance by selling fixed income during a market crash. Past crashes have driven home the point to me that the market bottoms can be a long way down. An overweighting in fixed income assets is less disconcerting to me than an overweighting in equities. Ultimately...
by michoco911
Thu Mar 19, 2020 1:38 pm
Forum: Non-US Investing
Topic: First time investment/investor
Replies: 3
Views: 285

Re: First time investment/investor

You should definitely do some reading in the forum wiki to get a basic knowledge and understand and be convinced about your investment policy and asset allocation. If you don’t do this and simply invest based on our advise, at the first downturn (like it is happening during these days due to Corona ...