Search found 34 matches

by Mindhacker
Fri Sep 06, 2019 9:46 am
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 242
Views: 28903

The passive investment bubble, a short video from IBKR [Interactive Brokers]

[Thread merged into here, see below. --admin LadyGeek]

Today people from IBKR posted an interesting video: https://www.youtube.com/watch?v=MGKV7xbn5nw and i was thinking to the situation where the ETF can be more liquid than the half of the S&P500 for example.
by Mindhacker
Fri Aug 30, 2019 5:17 am
Forum: Non-US Investing
Topic: Morningstar premium subscription - looking for feedback
Replies: 6
Views: 535

Re: Morningstar premium subscription - looking for feedback

Yes, but tools like x-ray are available just to premium members.
by Mindhacker
Fri Aug 30, 2019 4:18 am
Forum: Non-US Investing
Topic: Morningstar premium subscription - looking for feedback
Replies: 6
Views: 535

Morningstar premium subscription - looking for feedback

Hi,

Has anyone subscribed to Morningstar premium membership? Is is worthy for a long term investor to have access to the tools they are providing and the information?

Thanks.
by Mindhacker
Wed Aug 28, 2019 9:26 am
Forum: Non-US Investing
Topic: Multiple portfolio / strategy in Interactive Brokers
Replies: 4
Views: 691

Re: Multiple portfolio / strategy in Interactive Brokers

Thank you, you are right and it is the best approach.
Still learning about rules and all the corners of the house.
by Mindhacker
Tue Aug 27, 2019 12:50 pm
Forum: Non-US Investing
Topic: Multiple portfolio / strategy in Interactive Brokers
Replies: 4
Views: 691

Multiple portfolio in IB

[Thread merged into here, see below. --admin LadyGeek] Hi, For the people that do not read the US forum, i asked there and I also find the answer of how someone is able to create multiple portfolios in IB. I am posting the link here just for information purposes: https://www.bogleheads.org/forum/vi...
by Mindhacker
Tue Aug 27, 2019 12:48 pm
Forum: Non-US Investing
Topic: Multiple portfolio / strategy in Interactive Brokers
Replies: 4
Views: 691

Re: Multiple portfolio / strategy in Interactive Brokers

Hi, I do not know if this has value but you can create multiple portfolio's in Interactive Brokers by creating linked accounts. This can be done from your account page and creates a virtual type of account that shares the same user and password as your main one. Why multiple portfolio's someone may ...
by Mindhacker
Tue Aug 27, 2019 11:29 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

All the funds are with accumulation, this means that for Romania I will have to pay the taxes at withdrawal.
by Mindhacker
Sun Aug 25, 2019 3:21 am
Forum: Non-US Investing
Topic: Multiple portfolio / strategy in Interactive Brokers
Replies: 4
Views: 691

Multiple portfolio / strategy in Interactive Brokers

Hi, Anyone has any idea on how to define / invest multiple portfolio's in IB? I am not an adviser to have models enabled and I have a cash account (for a buy and hold makes no sense else). If I would have been just to specify the stocks the portfolio builder would have been an awesome tool. I was no...
by Mindhacker
Fri Aug 23, 2019 3:00 pm
Forum: Non-US Investing
Topic: Ultimate Buy and Hold Equity Portfolio for Europeans
Replies: 6
Views: 588

Re: Ultimate Buy and Hold Equity Portfolio for Europeans

You are telling me that is safer to invest in an authoritarian state than into one with a history of hundred of years of free market? Look what is happening in Hong Kong these days .... What is happening to HK stock market ... What if tomorrow the Chinese government says that 1 yuan = 0.01 USD? Not ...
by Mindhacker
Fri Aug 23, 2019 2:14 pm
Forum: Non-US Investing
Topic: Ultimate Buy and Hold Equity Portfolio for Europeans
Replies: 6
Views: 588

Re: Ultimate Buy and Hold Equity Portfolio for Europeans

Correct me if I am wrong: the barbell strategy should work against a full passive portfolio that many people here follow because when it will be blood on the streets, let's say a 60% drop, their portfolio will follow the market. But it will not beat a portfolio that is rebalanced to some extent. In ...
by Mindhacker
Fri Aug 23, 2019 1:23 pm
Forum: Non-US Investing
Topic: Cheapest way to buy MSCI World
Replies: 17
Views: 1417

Re: Cheapest way to buy MSCI World

Which means that for 100k in 30 years you will loose 21k's for nothing assuming the average return rate is 6.12%

At 5.87%: 553,588.92
At 6%: 574,349.12
by Mindhacker
Fri Aug 23, 2019 1:17 pm
Forum: Non-US Investing
Topic: Ultimate Buy and Hold Equity Portfolio for Europeans
Replies: 6
Views: 588

Re: Ultimate Buy and Hold Equity Portfolio for Europeans

Shouldn't the percents being reversed? Like 15% in cash and 85% invested? In the past 15 years or so if you were not invested in the market during some specific 21 days you would have lost 60% of your portfolio gains for the entire period. I need to look again for that research and post it here. If ...
by Mindhacker
Fri Aug 23, 2019 12:28 pm
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

Thank you for posting your portfolios, some people may find inspiration in them, at least I did. Being invested 35% in Europe and 35% in EM is too risky from my perspective. Maybe i am not mature enough as investor but for the time being I will stick with my strategy while I continue to educate myse...
by Mindhacker
Fri Aug 23, 2019 12:11 pm
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

I prefer to be overweighted on US and I am serious thinking to allocate something in an India all stock fund.

Has anyone looked into those?
by Mindhacker
Fri Aug 23, 2019 11:53 am
Forum: Non-US Investing
Topic: How To Build an All Value Portfolio Based on ETFs for European Investors
Replies: 14
Views: 1546

Re: How To Build an All Value Portfolio Based on ETFs for European Investors

The only problem I see is the bet on China economy which from my perspective is a losing bet. I was in Beijing years ago and I was deeply confused by the exchange rates and how value was perceived in general and when I heard that the rate is set by the government it was a sign that at the core there...
by Mindhacker
Fri Aug 23, 2019 11:18 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

What is your portfolio structure, I suppose you have something in mind and sharing it may inspire other people or ignite a healthy discussion.

I am here to learn so I am open minded.
by Mindhacker
Fri Aug 23, 2019 10:44 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

I am keeping AGGH for one simple reason: when the market goes down strongly, like 20% or more, the bonds tend to grow. And when this will happen I will sell all my bonds and buy all the ETF's I can buy at a discount. As the economy moves in cycles I know that within 10 years or so such opportunity w...
by Mindhacker
Fri Aug 23, 2019 8:50 am
Forum: Non-US Investing
Topic: Cheapest way to buy MSCI World
Replies: 17
Views: 1417

Re: Cheapest way to buy MSCI World

I thought that SWRD (0.12 TER) + EMIM (0.18 TER) is the cheapest combo and if you go to a 88 - 12 allocation as you will lend somewhere around 0.13 TER per your portfolio. If you take into consideration that having multiple funds will imply multiple acquisition costs I am wondering if it makes any s...
by Mindhacker
Fri Aug 23, 2019 5:31 am
Forum: Non-US Investing
Topic: Using Revolut as complementary investment vehicle
Replies: 9
Views: 855

Re: Using Revolut as complementary investment vehicle

As Romanian I use Interactive Brokers as main broker for financial investments. I am thinking to use Revolut as a sandbox for some company stock moves, at the end of the day I am risking just spare change. Especially because they don't have any transaction fees. This is why in the title I said compl...
by Mindhacker
Fri Aug 23, 2019 4:47 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1062
Views: 147210

Re: Post your Financial Milestone Announcements Here

- lost 9 kilo's in the past 2 months by starting to go to gym, reduced alcohol and eating healthier; - finished this week my financial investment strategy for the next 5 years with some help from Bogleheads members; - cracked this year to have 150k in investments. Which from a guy from East Europe (...
by Mindhacker
Fri Aug 23, 2019 4:39 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

Market timing in my mind refers to small adjustments between a range of +/- 5% or around those values. If the market drops 10% sorry that is not anymore market timing, is like you are on titanic, you see the iceberg and you don't want to jump because you don't want to time it. Portfolio rebalancing ...
by Mindhacker
Thu Aug 22, 2019 7:08 am
Forum: Non-US Investing
Topic: Using Revolut as complementary investment vehicle
Replies: 9
Views: 855

Re: Using Revolut as complementary investment vehicle

I am from Romania, East Europe. I am a heavy user of their product as I am travelling a lot, with family and for business. Currently I am in Bulgaria in vacation and some of my fellow friends where shocked that I can pay straight with leva (local currency) from my Revolut card and skip the outrageou...
by Mindhacker
Thu Aug 22, 2019 5:31 am
Forum: Non-US Chapters
Topic: Any Bogleheads from Romania
Replies: 4
Views: 557

Re: Any Bogleheads from Romania

I have started a thread on my portfolio here: viewtopic.php?f=22&t=288684

As broker I am using IB but these days I was looking to a second on located in Romania (for convenience) and I have engaged with Banca Transilvania
by Mindhacker
Thu Aug 22, 2019 4:56 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

Based on our discussion this will be my approach for the following years: - use 90% in quarterly investments (averaging) - keep 10% within a quarter to spot good prices while I continue to learn. If no opportunities identified invest them with the next 90%. In this way I will continue to learn, educ...
by Mindhacker
Thu Aug 22, 2019 3:34 am
Forum: Non-US Chapters
Topic: Any Bogleheads from Romania
Replies: 4
Views: 557

Any Bogleheads from Romania

Looking for fellow members from Romania.
by Mindhacker
Thu Aug 22, 2019 3:16 am
Forum: Non-US Investing
Topic: Using Revolut as complementary investment vehicle
Replies: 9
Views: 855

Re: Using Revolut as complementary investment vehicle

Hi, I am a metal user and already bought a couple of shares with them just to test the waters. I noticed that monthly I save the equivalent of 200 USD in my vault and I thought it worth to try their platform for an year. The trading platform is available on their mobile application, is a section sim...
by Mindhacker
Thu Aug 22, 2019 2:59 am
Forum: Non-US Investing
Topic: Using Revolut as complementary investment vehicle
Replies: 9
Views: 855

Using Revolut as complementary investment vehicle

Hi, I am wondering if anyone has considered using Revolut as complementary investment vehicle. Recently they have opened the trading platform for their metal users and I was thinking that I can redirect the money saved through Vault into equities. They are at the beginning, just 300 stocks and no ET...
by Mindhacker
Thu Aug 22, 2019 2:50 am
Forum: Non-US Investing
Topic: To REIT or not to REIT
Replies: 4
Views: 806

Re: To REIT or not to REIT

Many useful answers, thank you very much. I own some real estate and I am preparing for a new acquisition hence my doubts to choose between doing this or investing in some REITS as part of my estate portfolio. It will bring me some diversification as I can look for REITS in other parts of the Europe...
by Mindhacker
Thu Aug 22, 2019 12:07 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

To a good extent you are right, that's why these days I will do my research to understand how I can identify what is the right price for an ETF and I will make necessary adjustments. For the time being I have updated the percent to 10% using advanced guess-ology. In my mind there are two ways of doi...
by Mindhacker
Wed Aug 21, 2019 1:17 pm
Forum: Non-US Investing
Topic: To REIT or not to REIT
Replies: 4
Views: 806

To REIT or not to REIT

Hi,

Does anyone has experience with European REITS that currently have in their portfolio and give an advice / recommendation on what would be an ideal allocation? I am interested especially how such portfolio behave during 2008-2009.
by Mindhacker
Wed Aug 21, 2019 1:04 pm
Forum: Non-US Investing
Topic: Avoid using margin in an Interactive Brokers account
Replies: 4
Views: 673

Re: Avoid using margin in an Interactive Brokers account

Ask their support to change it to cash and you will have your problem solved. I make the wild assumption that is possible such a move. I am also using IB but I stick to cash as makes no sense the margin one for my investment profile (buy and hold).
by Mindhacker
Wed Aug 21, 2019 11:04 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Re: Portfolio allocation - Romania

Hi, I will start you off with a few broad points: * your allocation is more or less in line with the maxim of "your age in bonds". * I wouldn't be adjusting your allocation because a piece of it is not performing right now. If you want to diversify with emerging markets then make that decision in y...
by Mindhacker
Wed Aug 21, 2019 8:53 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 1371

Portfolio allocation - Romania

Hi, This is my current portfolio allocation and I would like more guidance on how to prepare it for the next economic turmoil that everyone whispers about: - AGGH: 21% - EMIM: 15% (-6.2% DIP) - WSML: 8% - IWDA: 56% What have I done and what I am planning to do by the end of the year: - all my profit...
by Mindhacker
Wed Aug 21, 2019 6:18 am
Forum: Non-US Investing
Topic: My Portfolio / Retirement Plan - Please Review & Comment
Replies: 18
Views: 2094

Re: My Portfolio / Retirement Plan - Please Review & Comment

One question doesn't CSPX already being contained in the VWRA to some extent? So basically you are betting that CSPX will grow faster than VRWA in the long term, right?