Search found 147 matches

by jhsu802701
Wed Jun 17, 2020 9:06 am
Forum: Personal Investments
Topic: Exposure to US dollar crash
Replies: 9
Views: 1007

Re: Exposure to US dollar crash

There are bargains in foreign stocks. The undervaluation of foreign currencies against the US dollar is even more reason to own foreign stocks. My favorite foreign stock funds are MOTI, DGRE, DFJ, DGS, IQIN, GWX, and FNDC.
by jhsu802701
Tue Jun 16, 2020 3:46 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15699

Re: Ditching International

Ditching international NOW? That sounds like ditching large cap US stocks in the 1930s or 1940s!
by jhsu802701
Tue Jun 16, 2020 11:24 am
Forum: Investing - Theory, News & General
Topic: Is Stock Market becoming Casino ?
Replies: 42
Views: 3772

Re: Is Stock Market becoming Casino ?

Yes, the stock market is indeed cuckoo for Cocoa Puffs. It feels like the Dot Con bubble. I thought it was crazy enough that people preferred large cap US stocks over my favorite undervalued international stock ETFs. That's small potatoes now.. People were recently more interested in Hertz stock (in...
by jhsu802701
Mon Jun 15, 2020 11:49 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15699

Re: Ditching International

Ditching international now is like ditching large cap US stocks in the 1930s and 1940s. Not only are international stocks cheap, the currencies are as well.
by jhsu802701
Mon Jun 15, 2020 7:47 pm
Forum: Investing - Theory, News & General
Topic: Hertz (bankrupt) may issue new stock
Replies: 74
Views: 6504

Re: Hertz (bankrupt) may issue new stock

Hertz looking into and getting the greenlight to issue more stock due to its stock price getting traded immediately reminded of the days of Charlie Sheen and his "winning" phrase phase. His commentary launched him into demand so much he went on some kind of tour all based on him saying things like ...
by jhsu802701
Mon Jun 15, 2020 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Offer in hand, shall I renegotiate with current employer?
Replies: 36
Views: 2927

Re: Offer in hand, shall I renegotiate with current employer?

Take the offer. There's no need to renegotiate with your current employer. In the entire history of the world, how often was stagnating the right thing to do?
by jhsu802701
Mon Jun 15, 2020 6:48 pm
Forum: Personal Investments
Topic: Emerging Markets Multifactor ETF
Replies: 14
Views: 901

Re: Emerging Markets Multifactor ETF

I don't own any multifactor funds. I just cannot understand the point of momentum, which strikes me as buying whatever you wish you bought earlier. However, I am extremely bullish on emerging markets funds and own two of them: WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and Wisdo...
by jhsu802701
Mon Jun 15, 2020 6:30 pm
Forum: Investing - Theory, News & General
Topic: Hertz (bankrupt) may issue new stock
Replies: 74
Views: 6504

Re: Hertz (bankrupt) may issue new stock

Why, oh, why are people piling into Hertz stock instead of my favorite international stock ETFs like MOTI, DGRE, DFJ, DGS, IQIN, GWX, and FNDC? MOTI and DGRE specialize in high quality stocks. The others are diversified plain vanilla stock funds. Hertz may go out of business. Developed markets as a ...
by jhsu802701
Mon Jun 15, 2020 6:25 pm
Forum: Investing - Theory, News & General
Topic: WSJ: 1/3rd of investors over 65 sold ALL their equities between Feb 20-May 15th.
Replies: 81
Views: 8195

Re: WSJ: 1/3rd of investors over 65 sold ALL their equities between Feb 20-May 15th.

In contrast, the over-65 investors were holding on to stocks back in 1979 while others were shying away. This was discussed in the infamous _Business Week_ cover story of August 1979, "The Death of Equities". You can see a full copy of the article at https://ritholtz.com/1979/08/the-death-of-equitie...
by jhsu802701
Mon Jun 15, 2020 6:20 pm
Forum: Personal Consumer Issues
Topic: I think I need a new computer
Replies: 135
Views: 7097

Re: I think I need a new computer

Your computer is fast enough. Try booting up a Linux distro with a live DVD or live USB. (I recommend MX Linux.) I'll bet that your computer runs MUCH faster with a Linux live DVD/USB. I used to use Windows. Every Windows machine I ever had (personal or work) slowed down over time and eventually wou...
by jhsu802701
Thu Jun 11, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: Thoughts on International Index Funds
Replies: 36
Views: 2433

Re: Thoughts on International Index Funds

I'm bearish on large cap US stocks because they're overvalued. Except for Berkshire Hathaway, I see no reason to own any at this time. On the other hand, international stocks are undervalued, especially Japan and emerging markets. Thus, I'm bullish on international. My top picks are MOTI, DGRE, DFJ,...
by jhsu802701
Thu Jun 11, 2020 10:14 am
Forum: Investing - Theory, News & General
Topic: Do Any Bogleheads Consider Themselves Bears?
Replies: 51
Views: 2546

Re: Do Any Bogleheads Consider Themselves Bears?

I'm bearish on large cap US stocks but bullish on international stocks, especially Japan and emerging markets. Does that disqualify me from being a Boglehead? I agree with parts of the Boglehead philosophy. What I disagree with is the idea that the risk and potential reward of any asset class is con...
by jhsu802701
Sat May 23, 2020 10:13 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 183
Views: 9854

Re: Tips to stick to a weight loss diet?

It's easy for me to stick to my favorite diet, which is called Wait For Summer. The warmer months of the year bring me a smaller appetite and more chances to exercise. It also helps that this is the slow season for eating sugary junk foods, because Halloween, Thanksgiving, and Christmas are a long w...
by jhsu802701
Sat May 23, 2020 10:11 am
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 42
Views: 2840

Re: How often do you change passwords on your investment accounts?

Just make sure that you use a different secure password for each of your accounts (investment and otherwise). Limiting yourself to passwords that you can easily remember, writing down your passwords on paper, and using the same password everywhere are all security no-nos. That's why I use KeePassXC ...
by jhsu802701
Sat May 23, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: Hertz is declaring bankruptcy
Replies: 73
Views: 7842

Re: Hertz is declaring bankruptcy

If Hertz goes under, does that mean we'll all have to rent from Not Exactly Hertz? The Not Exactly Hertz commercials were the best car rental commercials of all time. https://www.youtube.com/watch?v=OmLtaJjfz2Y https://www.youtube.com/watch?v=EuOHHA0KTww https://www.adforum.com/creative-work/ad/play...
by jhsu802701
Thu May 21, 2020 8:43 am
Forum: Investing - Theory, News & General
Topic: 60 World Stock Markets
Replies: 152
Views: 12862

Re: Investing in International Stocks

Because Vanguard Brokerage doesn't offer access to foreign stocks, I just buy foreign stock ETFs. My favorites are MOTI, DGRE, DFJ, DGS, IQIN, FNDC, and GWX.
by jhsu802701
Wed May 20, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?
Replies: 26
Views: 1491

Re: Worth replacing International Small Cap (DLS, FNDC and DGS) to VSS ?

Now this is my kind of thread! I own FNDC and DGS but not DLS or VSS. That said, all four look like good funds to me, because they have low valuations and good diversification. DLS, FNDC, and DGS all have somewhat lower price/book ratios than VSS. According to Yahoo Finance, the figures are: 1. VSS:...
by jhsu802701
Tue May 19, 2020 4:12 pm
Forum: Personal Investments
Topic: ETF versus MF
Replies: 29
Views: 1559

Re: ETF versus MF

In my opinion, ETFs are better: 1. Lower expense ratios: This is important outside the Vanguard universe, where expense ratios are higher. This is especially important when you invest in foreign stocks, because foreign stock funds (especially emerging markets) have higher expense ratios. 2. Lower tr...
by jhsu802701
Tue May 19, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: My idea for a 1-fund Vanguard-only portfolio
Replies: 12
Views: 1757

My idea for a 1-fund Vanguard-only portfolio

My pick is Vanguard FTSE All-World ex-US Small-Cap ETF (VSS). No other Vanguard fund is as cheap AND as diversified as VSS. It's even cheaper than some "value" funds. VSS sells for only 1.1 times book value. The biggest position is just 0.53% of the portfolio. This fund is also well-diversified with...
by jhsu802701
Tue May 19, 2020 3:41 pm
Forum: Investing - Theory, News & General
Topic: My idea for a 3-fund portfolio
Replies: 13
Views: 891

My idea for a 3-fund portfolio

The consensus here is that large cap US stocks and Treasury Bonds can do no wrong. Both are overvalued. Treasury Bonds in in a bubble. And it doesn't even have the hollow promise of a jackpot like other bubbles. On the other hand, international stocks are undervalued, ESPECIALLY Japan and emerging m...
by jhsu802701
Tue May 19, 2020 2:38 pm
Forum: Investing - Theory, News & General
Topic: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“
Replies: 138
Views: 9243

Re: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“

I think it would be better to just invest more heavily in emerging markets in general, which I am very bullish on due to undervaluation. My favorite emerging markets funds are WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS...
by jhsu802701
Tue May 19, 2020 9:07 am
Forum: Investing - Theory, News & General
Topic: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“
Replies: 138
Views: 9243

Re: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“

I think it would be better to just invest more heavily in emerging markets in general, which I am very bullish on due to undervaluation. My favorite emerging markets funds are WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) and WisdomTree Emerging Markets SmallCap Dividend Fund (DGS)...
by jhsu802701
Tue May 19, 2020 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Opinion on Relocating from IL to FL Central Gulf Coast Condo
Replies: 46
Views: 3526

Re: Opinion on Relocating from IL to FL Condo

I don't know about everyone else, but the hurricanes would be enough to scare me away from moving to Florida. The combination of a hurricane AND pendemic is particularly scary.
by jhsu802701
Mon May 18, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: Cheap Chromebook vs Laptop PC quality/options for child
Replies: 40
Views: 2252

Re: Cheap Chromebook vs Laptop PC quality/options for child

I get the impression that most people trashing chromebooks haven't used a nice one. And they're comparing a $200 chromebook to a $2000 laptop. I've looked at Chromebook specs and found them to be low-end. I understand that they're geared for people who do everything in the cloud Google Docs. While ...
by jhsu802701
Sat May 16, 2020 11:04 am
Forum: Non-US Investing
Topic: The Mighty USD
Replies: 58
Views: 4512

Re: The Mighty USD

I expect the US dollar to weaken in the years ahead. According to the Big Mac Index, nearly every currency is undervalued against the US dollar. This doesn't happen very often.
by jhsu802701
Sat May 16, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18630

Re: Rekenthaler: Long Bonds Are for Fools

If you own long-term bonds now, you're betting that you can get out just before everyone else does. Or you’re deciding that you don’t want to bet at all. If you don’t want to have an unexpected loss, choose an investment that won’t give you one. That’s what long-term bond investors have been doing ...
by jhsu802701
Sat May 16, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: Rekenthaler: Long Bonds Are for Fools
Replies: 346
Views: 18630

Re: Rekenthaler: Long Bonds Are for Fools

Everyone here is talking about deflation and negative interest rates. What makes you so sure that the opposite is impossible? The Federal Reserve has begun buying corporate bonds, junk bonds, and ETFs. It's pulling out all stops to promote inflation. A possible scenario is deflation and negative int...
by jhsu802701
Fri May 15, 2020 9:24 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10753

Re: Please tell me I'm not crazy

Sorry, I'm with your wife on this. VTSAX sells for 2.5 times book value. It's overvalued! That alone is enough reason to sell.

Remember, it's better to sell on your terms than to have the terms dictated to you.
by jhsu802701
Thu May 14, 2020 4:11 pm
Forum: Personal Consumer Issues
Topic: Cheap Chromebook vs Laptop PC quality/options for child
Replies: 40
Views: 2252

Re: Cheap Chromebook vs Laptop PC quality/options for child

Buy a used PC for under $100 and install MX Linux on it. Why MX Linux, specifically? I've installed several variants of Ubuntu. I like the strong support due to its popularity. A lighter weight build like Lubuntu is generally fine. I do so that MX Linux is quite popular on distrowatch.com. MX Linux...
by jhsu802701
Thu May 14, 2020 3:20 pm
Forum: Personal Consumer Issues
Topic: Cheap Chromebook vs Laptop PC quality/options for child
Replies: 40
Views: 2252

Re: Cheap Chromebook vs Laptop PC quality/options for child

Buy a used PC for under $100 and install MX Linux on it. You can get a better price if the PC does NOT come with WIndows. The rapid depreciation is bad news for those who buy new but great news for those of us who buy used. Even a PC laptop that's several years old is likely much faster than a new C...
by jhsu802701
Thu May 14, 2020 2:31 pm
Forum: Investing - Theory, News & General
Topic: Why it’s a good idea to hold long term Treasuries as your emergency fund
Replies: 114
Views: 9291

Re: Why it’s a good idea to hold long term Treasuries as your emergency fund

This is one of those ideas that only happen in major bubbles. Why didn't this come up in 1982? Or 1989/1990?
by jhsu802701
Thu May 14, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: Which one is better EM bonds or EM equities or both?
Replies: 41
Views: 1784

Re: Which one is better EM bonds or EM equities or both?

EM equities, of course! Bonds have too much risk for too little reward. On the other hand, emerging market equities are currently undervalued. In the worst case scenario (like the Asian economic crisis of 1997-1998), bonds and equities both get hit hard. The EM bonds don't really protect your portfo...
by jhsu802701
Tue May 12, 2020 9:04 pm
Forum: Investing - Theory, News & General
Topic: International market recovery
Replies: 146
Views: 9714

Re: International market recovery

International stocks are much cheaper than US stocks. Additionally, the Big Mac Index shows nearly every currency to be undervalued against the US dollar. DGRE vs. DGRW is an apples-to-apples comparison. Both are WisdomTree stock ETFs that specialize in dividend growth stocks. DGRE is the emerging m...
by jhsu802701
Tue May 12, 2020 8:48 pm
Forum: Investing - Theory, News & General
Topic: Anyone considering Commodity futures?
Replies: 16
Views: 723

Re: Anyone considering Commodity futures?

Commodity futures? Are you kidding? This is the wrong web site for that. Commodities and futures are EXTREMELY HIGH RISK. A commodity futures fund can be wiped out, in which case you don't profit from subsequent vindication. It's 100% incompatible with the Boglehead way. While I disagree with the Bo...
by jhsu802701
Tue May 12, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: "Scary" Stocks For The Long Term: Jonathan Clements
Replies: 25
Views: 4223

Re: "Scary" Stocks For The Long Term: Jonathan Clements

I agree with those of you who think that bonds are scary. Why take on all that risk for a lowball yield that doesn't even keep up with current inflation? But why, oh, why do people insist on large cap US stocks? They're far more expensive than foreign stocks and small cap US stocks. MOTI and MOAT b...
by jhsu802701
Mon May 11, 2020 9:34 pm
Forum: Investing - Theory, News & General
Topic: Reacting to low interest rates
Replies: 80
Views: 6092

Re: Reacting to low interest rates

Buy international stocks! They're MUCH cheaper than large cap US stocks. That said, you must keep enough in money market funds to ensure that you're never forced to sell cheap. They are cheaper for a reason! When there's irrational exuberance in the financial markets, there's never a shortage of ra...
by jhsu802701
Mon May 11, 2020 9:32 pm
Forum: Personal Investments
Topic: International Equity Fund Placement
Replies: 13
Views: 1084

Re: International Equity Fund Placement

Why do you prefer mutual funds over ETFs? ETFs have lower expense ratios. Given that international funds have higher expense ratios than US funds, this makes a substantial difference. The minimum investment in an ETF is 1 share, and Vanguard Brokerage offers commission-free trading.
by jhsu802701
Mon May 11, 2020 9:25 pm
Forum: Investing - Theory, News & General
Topic: Reacting to low interest rates
Replies: 80
Views: 6092

Re: Reacting to low interest rates

Buy international stocks! They're MUCH cheaper than large cap US stocks. That said, you must keep enough in money market funds to ensure that you're never forced to sell cheap. They are cheaper for a reason! When there's irrational exuberance in the financial markets, there's never a shortage of ra...
by jhsu802701
Mon May 11, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: Reacting to low interest rates
Replies: 80
Views: 6092

Re: Reacting to low interest rates

Buy international stocks! They're MUCH cheaper than large cap US stocks.

That said, you must keep enough in money market funds to ensure that you're never forced to sell cheap.
by jhsu802701
Mon May 11, 2020 4:42 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16326

Re: [Are American markets likely to outperform INTL]

International stocks are a MUCH better value than US stocks. For an apples-to-apples comparison, I'll give you examples of US and international stock ETFs from the same issuer with the same style. VanEck Vectors has funds that specialize in companies with economic moats. MOTI is the international v...
by jhsu802701
Mon May 11, 2020 4:30 pm
Forum: Personal Investments
Topic: Views on Oakmark International
Replies: 14
Views: 1005

Re: Views on Oakmark International

Replace your Oakmark International fund with a nice undervalued international ETF. My objections are these: 1. The expense ratio is too high - a full percentage point! While this isn't out of line for an international stock mutual fund, ETFs have lower expense ratios. 2. There's not enough diversifi...
by jhsu802701
Mon May 11, 2020 3:28 pm
Forum: Investing - Theory, News & General
Topic: All small cap international
Replies: 61
Views: 4202

Re: All small cap international

I think a rational case can be made for overweighting SC in the INTL space, either all SC or 50SC/50LC. Rational case does not guarantee a successful outcome but this approach is likely to increase diversification (different sector weightings relative to LC, more tied to domestic rather than global...
by jhsu802701
Mon May 11, 2020 3:24 pm
Forum: Personal Investments
Topic: Considering the low interest rates - does shifting to shorter duration fund make sense?
Replies: 4
Views: 549

Re: Considering the low interest rates - does shifting to shorter duration fund make sense?

YES! Bonds are NOT conservative investments. The 40-year-period ending in 1982 begs to differ with the notion that bonds are safe.
by jhsu802701
Mon May 11, 2020 3:22 pm
Forum: Investing - Theory, News & General
Topic: Adjust Asset Allocation when 90 or older?
Replies: 21
Views: 1478

Re: Adjust Asset Allocation in last decade of life?

How do you know if it's your last decade? What if you live longer than expected?
by jhsu802701
Mon May 11, 2020 2:12 pm
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 110
Views: 6826

Re: Password vault or generator?

My vote is for KeePassX. It's not only free and open source but also available for Linux, MacOS, and Windows. Thus, I'm covered not only in my preferred platform (Linux) but other platforms as well.
by jhsu802701
Mon May 11, 2020 1:14 pm
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 229
Views: 12057

Re: Paul Tudor: Compelling case for bitcoin ?

Is it just me, or does it seem that anything sold as an alternative to "fiat currency" turns out to be extremely risky and speculative? I don't know about Paul Tudor, but I have to pay all of my expenses in US dollars. The landlord, that bank that issues my credit card, gas stations, grocery stores,...
by jhsu802701
Mon May 11, 2020 1:06 pm
Forum: Personal Consumer Issues
Topic: Buying a used Jaguar
Replies: 40
Views: 2598

Re: Buying a used Jaguar

As said, the deal is done. Jaguars depreciate massively because they are dreadfully unreliable, but their core market of people who buy new don't typically keep the car beyond the warranty period before it gets replaced with the latest and greatest model. The car then gets passed down through a str...
by jhsu802701
Mon May 11, 2020 12:47 pm
Forum: Personal Consumer Issues
Topic: Should I purchase my end-of-lease Audi A4?
Replies: 68
Views: 4501

Re: Should I purchase my end-of-lease Audi A4?

How much will you have to pay to buy out your leased Audi? If you can get it for a ridiculously cheap price (like $1000), I'd recommend going for it and being prepared to get rid of the car if it requires big expensive repairs. But if you have to pay the full $27,000, RUN AWAY from the deal. There a...
by jhsu802701
Mon May 11, 2020 12:06 pm
Forum: Investing - Theory, News & General
Topic: [Are American markets likely to outperform INTL]
Replies: 237
Views: 16326

Re: [Are American markets likely to outperform INTL]

International stocks are a MUCH better value than US stocks. For an apples-to-apples comparison, I'll give you examples of US and international stock ETFs from the same issuer with the same style. VanEck Vectors has funds that specialize in companies with economic moats. MOTI is the international ve...
by jhsu802701
Mon May 11, 2020 11:52 am
Forum: Investing - Theory, News & General
Topic: "Scary" Stocks For The Long Term: Jonathan Clements
Replies: 25
Views: 4223

Re: "Scary" Stocks For The Long Term: Jonathan Clements

I agree with those of you who think that bonds are scary. Why take on all that risk for a lowball yield that doesn't even keep up with current inflation? But why, oh, why do people insist on large cap US stocks? They're far more expensive than foreign stocks and small cap US stocks. MOTI and MOAT bo...