Search found 1181 matches

by whereskyle
Tue Sep 22, 2020 10:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard Multifactor fund VFMF has had a bad year
Replies: 93
Views: 4743

Re: VFMF has had a bad year

I'd hope not, but given the Boglehead affinity for performance-chasing I wouldn't be surprised. Yes, like so many that invest in small value stocks because they did well in the past. Or those that jump into momentum or quality or profitability or low volatility stocks because they performed well in...
by whereskyle
Tue Sep 22, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard Multifactor fund VFMF has had a bad year
Replies: 93
Views: 4743

Re: VFMF has had a bad year

I'd hope not, but given the Boglehead affinity for performance-chasing I wouldn't be surprised. Yes, like so many that invest in small value stocks because they did well in the past. Or those that jump into momentum or quality or profitability or low volatility stocks because they performed well in...
by whereskyle
Tue Sep 22, 2020 6:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard Multifactor fund VFMF has had a bad year
Replies: 93
Views: 4743

Re: VFMF has had a bad year

I'd hope not, but given the Boglehead affinity for performance-chasing I wouldn't be surprised. Yes, like so many that invest in small value stocks because they did well in the past. Or those that jump into momentum or quality or profitability or low volatility stocks because they performed well in...
by whereskyle
Tue Sep 22, 2020 6:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Multifactor fund VFMF has had a bad year
Replies: 93
Views: 4743

Re: VFMF has had a bad year

I'd hope not, but given the Boglehead affinity for performance-chasing I wouldn't be surprised. Yes, like so many that invest in small value stocks because they did well in the past. Or those that jump into momentum or quality or profitability or low volatility stocks because they performed well in...
by whereskyle
Sun Sep 20, 2020 3:22 pm
Forum: Non-US Investing
Topic: Going 100% into VWCE [Vanguard FTSE All-World UCITS ETF]
Replies: 15
Views: 1232

Re: Going 100% into VWCE [Vanguard FTSE All-World UCITS ETF]

Thank you all so much for your answers, they have made me a lot more confident regarding my choice. I looked around and it would seem using a combination of 88% SPPW and 12% IS3N would have very close outcomes to VWCE, but would cut the costs somewhat. Since there are no commissions on trading212 i...
by whereskyle
Sun Sep 20, 2020 10:39 am
Forum: Investing - Theory, News & General
Topic: Why have international stocks done so poorly?
Replies: 19
Views: 1742

Re: Why have international stocks done so poorly?

International stocks have not lagged US stocks, but have kept pace. This should make intuitive sense. Most large companies are multinational companies. They invest in the same markets, have access to the same technology, hire from the same schools, have the same investors. Let me ask a quick questi...
by whereskyle
Sun Sep 20, 2020 9:52 am
Forum: Investing - Theory, News & General
Topic: Why have international stocks done so poorly?
Replies: 19
Views: 1742

Re: Why have international stocks done so poorly?

International stocks have lagged US equities for quite some time. Does anyone know the fundamental reasons for this? Would you be inclined to up your allocation to international equities based on a future regression to the mean? Why or why not? https://www.morningstar.com/articles/1000937/foreign-s...
by whereskyle
Sun Sep 20, 2020 7:19 am
Forum: Personal Investments
Topic: Portfolio help - Losing Money with Index Funds
Replies: 27
Views: 2075

Re: Losing Money with Index Funds

The smart thing to do when the balance goes down at every single market drop in US history is to buy more, not sell. And if your balance goes down before it goes up, you did not lose any money. By smart, don't you mean lucky? You don't know you have a trough until it goes back up again. It would se...
by whereskyle
Sat Sep 19, 2020 8:54 pm
Forum: Non-US Investing
Topic: Going 100% into VWCE [Vanguard FTSE All-World UCITS ETF]
Replies: 15
Views: 1232

Re: Going 100% into VWCE [Vanguard FTSE All-World UCITS ETF]

Hello, I am aware that the question I am about to ask, is generally pretty complex. I am however looking for a simple answer. I am 19 years old, living in Europe and about to start investing. I am looking to keep my portfolio simple right now and expand over the years as I get older. I am going to ...
by whereskyle
Sat Sep 19, 2020 11:20 am
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 12924

Re: Losing Money with Index Funds

Ok so is it only recommended to sell when the economy is good? :confused When do you know if it is the RIGHT time to sell, let's say you have already accumulated a lot of money to meet your needs. The 4% rule holds that when you retire, you can safely withdraw 4% from your portfolio every year rega...
by whereskyle
Sat Sep 19, 2020 10:23 am
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 12924

Re: Losing Money with Index Funds

I am curious, what was the biggest amount of money you ever lost with investing in index funds? And how did you get through it? :shock: Don't sell at a loss and you'll never lose money 😉 When you say this, do you mean never sell during a recession? This is a false statement based in a cognitive err...
by whereskyle
Sat Sep 19, 2020 8:39 am
Forum: Investing - Theory, News & General
Topic: Lars Kroijer: If you are not in Total World (VT or VTWAX) you are market timing!
Replies: 43
Views: 3411

Re: Lars Kroijer: If you are not in Total World (VT or VTWAX) you are market timing!

He argues that market determines how much needs to go into international for any investor. Your asset allocation at least on the equity level should be the same for any investor in any country.Then he says you need to invest in your own currency for bonds or cash. So what does people who invest les...
by whereskyle
Sat Sep 19, 2020 8:36 am
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 12924

Re: Losing Money with Index Funds

I am curious, what was the biggest amount of money you ever lost with investing in index funds? And how did you get through it? :shock: Don't sell at a loss and you'll never lose money 😉 When you say this, do you mean never sell during a recession? Well, if you're in retirement, I think it is perfe...
by whereskyle
Sat Sep 19, 2020 8:15 am
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 12924

Re: Losing Money with Index Funds

MissOptimist wrote: Sat Sep 19, 2020 7:33 am I am curious, what was the biggest amount of money you ever lost with investing in index funds? And how did you get through it? :shock:
Don't sell at a loss and you'll never lose money 😉
by whereskyle
Sat Sep 19, 2020 7:16 am
Forum: Personal Investments
Topic: Fund Performance Comparisons
Replies: 23
Views: 1241

Re: Fund Performance Comparisons

I was comparing these Vanguard stock mutual funds...VWUAX, VWUSX, VIGAX and the VTSAX. The expense ratio for the VWUAX is .28% and the VWUSX is .39% vs the VIGAX .05% and the VTSAX .04%. Looking at the average annual performance for each fund, the VWUAX and VWUSX returns have been significantly hig...
by whereskyle
Fri Sep 18, 2020 5:23 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on the Incredible Shrinking Alpha?
Replies: 6
Views: 793

Re: Thoughts on the Incredible Shrinking Alpha?

I bought the book on release day. If you buy a physical copy of the book you get the digital copy for free, it does not say this on the Amazon page but Harriman House will give you the free download on its website. Basically these are the questions that Larry and Andrew are focusing on: What is alp...
by whereskyle
Fri Sep 18, 2020 9:50 am
Forum: Investing - Theory, News & General
Topic: Thoughts on the Incredible Shrinking Alpha?
Replies: 6
Views: 793

Thoughts on the Incredible Shrinking Alpha?

https://www.cnbc.com/2020/09/18/stock-p ... worse.html

Interesting read on CNBC today about how poorly stock pickers continue to perform.

Has anyone read the book?

Is it worth picking up?
by whereskyle
Fri Sep 18, 2020 8:54 am
Forum: Investing - Theory, News & General
Topic: what % of stocks in SP500 returns better than index?
Replies: 27
Views: 2480

Re: what % of stocks in SP500 returns better than index?

i'm not sure, but let me ask you: how would this information be useful to you? I'm thinking you'd want to know in January which companies will be the higher/highest performers by Dec of each year. But you can't know that. And knowing in Dec which companies did the best (say in 2020) tells you absol...
by whereskyle
Fri Sep 18, 2020 5:44 am
Forum: Personal Investments
Topic: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?
Replies: 9
Views: 610

Re: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?

I am 28 y/o with almost $100k saved between 401(k)'s and IRA's for my wife and I. We also have six month expenses in cash in an emergency fund. Currently, I am invested in: Vanguard Total Stock Market Index Fund (VTSAX) - 80% Vanguard Total International Stock Index Fund (VTIAX) - 20% Both of these...
by whereskyle
Thu Sep 17, 2020 6:09 am
Forum: Investing - Theory, News & General
Topic: The Fed, Snowflake, and Stocks
Replies: 53
Views: 5597

Re: The Fed, Snowflake, and Stocks

So, the Fed signals that it wants to keep rates low for three more years: https://finance.yahoo.com/news/fed-fomc-monetary-policy-decision-september-2020-135645057.html Canada’s pension fund is reevaluating bond holdings: https://www.cnbc.com/2020/09/16/singapore-summit-cppib-ceo-on-zero-bound-inte...
by whereskyle
Thu Sep 17, 2020 5:58 am
Forum: Personal Investments
Topic: VTSAX or VWELX
Replies: 4
Views: 819

Re: VTSAX or VWELX

Hello, I am wondering, where do I add additional $10,000 that I have currently to invest. It’s a taxable account. I have both VTSAX and VWELX. I would appreciate any guidance or suggestions you might be able to provide. Agree with poster above that we need more info. Biggest choice is how much risk...
by whereskyle
Wed Sep 16, 2020 10:21 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

I sleep well at night holding world market cap. I never have to worry about US vs International. I have both and will ride both up and down. If I was all US, I sure as hell would worry. I can't imagine how I would have handled the lost decade for the US index. I sleep well at night holding mostly U...
by whereskyle
Wed Sep 16, 2020 5:45 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

I sleep well at night holding world market cap. I never have to worry about US vs International. I have both and will ride both up and down. If I was all US, I sure as hell would worry. I can't imagine how I would have handled the lost decade for the US index. I sleep well at night holding mostly U...
by whereskyle
Tue Sep 15, 2020 12:19 pm
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

"Except Santiago's field is larger than all the other 20 fields combined and when all fields (including Santiago's) are especially unproductive, the other 20 (as a whole) tend to do worse than Santiago's field. And even when Santiago's field under-produces the other 20, the difference is not nearly...
by whereskyle
Tue Sep 15, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

"Except Santiago's field is larger than all the other 20 fields combined and when all fields (including Santiago's) are especially unproductive, the other 20 (as a whole) tend to do worse than Santiago's field. And even when Santiago's field under-produces the other 20, the difference is not nearly...
by whereskyle
Tue Sep 15, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

You obviously have a lot more confidence about sticking with a US-only portfolio than I do. I don't know how long you've been investing but I have never had to deal with a seesaw portfolio and I'm unsure how I would feel or what I would do if I were missing out entirely on a part of the global equi...
by whereskyle
Tue Sep 15, 2020 9:45 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

Yeah, cause 1.5% per year over 20+ years is trivial. I didn't say that. I said that if you weren't (or wouldn't have been) sure then but you are sure now, then what made you sure was the very recent past. Sure about what in 2009? That US trounced ex-US the 20 past years up to that point and with le...
by whereskyle
Tue Sep 15, 2020 9:24 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

You can see these patterns in portfolio visualizer going back as far as the ex-us data it has will allow (1986) - so 34 years. $10k invested per year starting in 1986 would have netted you $3.9m if all US, $1.4m if all ex-US. Of course, no guarantee of future performance but is over 3 decades your ...
by whereskyle
Tue Sep 15, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

Except Santiago's field is larger than all the other 20 fields combined and when all fields (including Santiago's) are especially unproductive, the other 20 (as a whole) tend to do worse than Santiago's field. And even when Santiago's field under-produces the other 20, the difference is not nearly ...
by whereskyle
Tue Sep 15, 2020 9:06 am
Forum: Personal Investments
Topic: My four plan vanguard portfolio !
Replies: 40
Views: 3908

Re: My four plan vanguard portfolio !

I have a question for the OP: Now that you are using ETFs, what are doing (or are going to do) with the leftover cash bit that is not enough to buy a full share of the ETF? Example: You have $200 in your account and buy one share VTI for $172 leaving $28. What are you going to do with the $28? Frac...
by whereskyle
Tue Sep 15, 2020 8:44 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

Are you diversifying to reduce volatility, or diversifying to increase performance? Can you have both? Can anyone truly define risk as compensated Vs. whateveryouwanttocallit? I'm diversifying to diversify. It's an end unto itself. Let me illustrate what I mean with a little story. A farmer named S...
by whereskyle
Tue Sep 15, 2020 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Is This a Good or Bad Time to Buy a House?
Replies: 21
Views: 2885

Re: Is This a Good or Bad Time to Buy a House?

Lets approach this from strictly an investment/ROI/risk standpoint and set aside the arguments of “its a home, not an investment” and the like. It seems like there are 2 competing factors occurring and I’m wondering what the “net” effect is likely to be. 1. Mortgage rates are dropping. This often b...
by whereskyle
Tue Sep 15, 2020 7:58 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

I've always thought, similar to the timing as to when to add bonds to a portfolio, it's most important to be internationally diversified the closer you are to retirement. If you want to bet on the U.S. before then, go ahead I am sympathetic to this view. I think everyone should adopt global market ...
by whereskyle
Tue Sep 15, 2020 7:56 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

Are you diversifying to reduce volatility, or diversifying to increase performance? Can you have both? Can anyone truly define risk as compensated Vs. whateveryouwanttocallit? I'm diversifying to diversify. It's an end unto itself. Let me illustrate what I mean with a little story. A farmer named S...
by whereskyle
Tue Sep 15, 2020 7:23 am
Forum: Investing - Theory, News & General
Topic: VT as single fund, now post covid recession
Replies: 20
Views: 1522

Re: VT as single fund, now post covid recession

Now that we are post covid recession and markets booming again, any new thoughts about VT as single stock fund? Any new thoughts about US/Int'l allocation in VT going forward? Thanks. I've been extremely happy with VT pre and during the pandemic. Bogledogle87 has a great post about how VT offers a ...
by whereskyle
Tue Sep 15, 2020 7:06 am
Forum: Investing - Theory, News & General
Topic: VT as single fund, now post covid recession
Replies: 20
Views: 1522

Re: VT as single fund, now post covid recession

Now that we are post covid recession and markets booming again, any new thoughts about VT as single stock fund? Any new thoughts about US/Int'l allocation in VT going forward? Thanks. I've been extremely happy with VT pre and during the pandemic. Bogledogle87 has a great post about how VT offers a ...
by whereskyle
Tue Sep 15, 2020 6:53 am
Forum: Personal Investments
Topic: My four plan vanguard portfolio !
Replies: 40
Views: 3908

Re: My four plan vanguard portfolio !

I read alot of VTI and VXUS . for some reason as how the SPY in a way is the pulse of the market, adding a percentage to the VOO even if lower is a smart idea to double on the same horse while also diversifiying with the VTI and VXUS , maybe get in 2 percent or so BND to help diversify more. I feel...
by whereskyle
Tue Sep 15, 2020 6:02 am
Forum: Investing - Theory, News & General
Topic: For those concerned about International Stocks...
Replies: 168
Views: 14905

Re: For those concerned about International Stocks...

Using Portfolio Visualizer, since 1986 ex-us equity has under-performed US equity by 3.74% per year. That's 34 years. $10,000 in 1986 would now be $322,348 for US and $281,570 for ex-US. So, how many years would ex-US equity now need to out-perform US equity just to break even, and if that happens,...
by whereskyle
Tue Sep 15, 2020 5:58 am
Forum: Personal Investments
Topic: My four plan vanguard portfolio !
Replies: 40
Views: 3908

Re: My four plan vanguard portfolio !

I opened my Roth IRA and brokerage account and I am getting close to the end of my research to invest Currently 36, paid off my credit card and student loan , file single, most my work is w2 with various employers and some 1099 , currently live in California I think a four divide portfolio of etfs ...
by whereskyle
Mon Sep 14, 2020 8:24 pm
Forum: Personal Investments
Topic: starting out intelligently.
Replies: 19
Views: 1789

Re: starting out intelligently.

Hello All, I am new to investing and this forum has been very instrumental for me to learn alot about trading. As I have been consuming lots of information one cant help but feel lost. Now I am a freelance artist with no pension or retirement and I am very keen now to start investing as much as I c...
by whereskyle
Mon Sep 14, 2020 7:50 am
Forum: Personal Investments
Topic: Thoughts on VTWAX Rebalancing
Replies: 19
Views: 1083

Re: Thoughts on VTWAX Rebalancing

However, if the investor instead chose to put all their money into VTWAX, there wouldn't be anything to rebalance into. The question: Does investing in a single fund remove this ability to leverage profits from a successful part of the fund to purchase more of the currently less performant asset? I...
by whereskyle
Sun Sep 13, 2020 6:32 pm
Forum: Personal Investments
Topic: Thoughts on VTWAX Rebalancing
Replies: 19
Views: 1083

Re: Thoughts on VTWAX Rebalancing

I promise this isn't an attempt at another VTSAX/VTIAX vs VTWAX debate :happy While considering my options for investments I've inevitably looked at the previously mentioned funds and one thing has stuck out to me. Let's take a simple example: 60/40 split with VTSAX and VTIAX respectively. Eventual...
by whereskyle
Sun Sep 13, 2020 4:22 pm
Forum: Investing - Theory, News & General
Topic: For those concerned about International Stocks...
Replies: 168
Views: 14905

Re: For those concerned about International Stocks...

I love it when all of smart people like you discuss, argue and dissect stuff like this topic (no offense .. just admiration!). I can even understand some of it! So, what is the conclusion? I have around 23% International in my current AA and its probably okay. However, I am 5-10 years from retireme...
by whereskyle
Sun Sep 13, 2020 8:36 am
Forum: Investing - Theory, News & General
Topic: Reasons to invest internationally, or not.
Replies: 191
Views: 10454

Re: Reasons to invest internationally, or not.

Since we don't know whether and how much we should invest internationally, VT (Vanguard Total World ETF, ER .08) provides an attractive proposition. If US continues to outperform, great. VT will give you more and more of that outperformance. If US starts to underperform, no worries. VT will give you...
by whereskyle
Sun Sep 13, 2020 8:14 am
Forum: Personal Investments
Topic: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million
Replies: 76
Views: 7299

Re: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million

Hi Boggleheads, Recently I’ve accumulated 50K to invest and have finally pulled the trigger on investing it into stocks, options, and bonds. I’m seeking advice as far as an ultra aggressive approach as I am willing to risk a majority of it for some short term gains. As stated before, I’ve accumulat...
by whereskyle
Sat Sep 12, 2020 7:12 pm
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 3880

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

What's the alternative? Today, people just don't know where else to put their money because there is no easily identifiable alternative to turn to. I generally agree with this sentiment, but there is an alternative to US stocks with high PE ratios right now: ex-US stocks. The Vanguard Total Interna...
by whereskyle
Sat Sep 12, 2020 9:26 am
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 3880

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

Firstly, I consider myself a boglehead investor. I auto invest monthly in low cost index funds. Mid-30's with a equity/fixed allocation of 75/30. 50% US equities, 25% emerging, 25% developed (that works for me.) Very large emergency fund. I understand the general value of "don't try to time the mar...
by whereskyle
Sat Sep 12, 2020 5:51 am
Forum: Personal Finance (Not Investing)
Topic: Bet that 30-year mortgage rates are below 2.00% by July 2021
Replies: 37
Views: 3787

Re: Bet that 30-year mortgage rates are below 2.00% by July 2021

I refinanced my 7-year adjustable mortgage at 3.00% earlier this year, before rates plunged. With the drop in interest rates (10-year US Treasury rate started the year at 1.88% and is now at 0.67%), I made a bet with a friend that conventional 30-year mortgages will be available to people with good...
by whereskyle
Fri Sep 11, 2020 5:12 pm
Forum: Personal Investments
Topic: Betterment, Vanguard LifeStrategy, or Vanguard DIY?
Replies: 13
Views: 1298

Re: Betterment, Vanguard LifeStrategy, or Vanguard DIY?

Vanguard DIY. You can do everything Betterment does for 1/3 of the costs. Read about the three-fund portfolio on this site and boom you're good to go.
by whereskyle
Fri Sep 11, 2020 7:22 am
Forum: Investing - Theory, News & General
Topic: To what extent is divergence between US and European stock markets related to structural factors?
Replies: 5
Views: 431

Re: To what extent is divergence between US and European stock markets related to structural factors?

To what extent is the divergence between European and US stock markets in the last 30 years due to structural factors, such as Americans having their retirement savings in the stock market and the ease of investing from abroad? It was difficult to hold US stock for a large percentage of the world p...