Search found 2269 matches

by 000
Wed Sep 30, 2020 2:07 am
Forum: Investing - Theory, News & General
Topic: Things to know when buying Individual Foreign Stock on US Exchange
Replies: 24
Views: 896

Re: Things to know when buying Individual Foreign Stock on US Exchange

One follow up question for all the knowledgeable people here: When I lookup two US-listed foreign stocks (AZN, CCJ) on fidelity.com, I see: AZN Security Type: Depository Receipt CCJ Security Type: Common Stock Among the handful of tickers I tested, it seems all UK-domiciled corporations are shown as...
by 000
Wed Sep 30, 2020 12:16 am
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 144
Views: 12621

Re: Long Suffering VXUS Holder No More

Is there an easy way to tell how much of the US's outperformance is due to it being overweight in 'tech' (never loved the term, as it seems to imply that all of the technology in factories, consumer goods, pharma, and essentially every other non-software industry is not real technology)? My intuiti...
by 000
Wed Sep 30, 2020 12:09 am
Forum: Personal Investments
Topic: Should I buy TIPS in Roth if I think stocks and bonds are overpriced?
Replies: 7
Views: 579

Re: Should I buy TIPS in Roth if I think stocks and bonds are overpriced?

TIPS have had liquidity issues during stock market crashes, reducing the amount of sweet deals that can be picked up.

Of course if the next crash involves inflation fears, things could be different.
by 000
Tue Sep 29, 2020 11:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is pushing Personal Advisory Services
Replies: 36
Views: 2158

Re: Vanguard is pushing Personal Advisory Services

marcopolo wrote: Tue Sep 29, 2020 11:36 pm Oh oh. What fear tactic will people use now to scare others away from those horrible profit making companies like Fidelity and Schwab?!?
PFOF
by 000
Tue Sep 29, 2020 10:17 pm
Forum: US Chapters
Topic: Where did HEDGEFUNDIE go?
Replies: 63
Views: 5496

Re: Where did HEDGEFUNDIE go?

I must be misunderstanding your point? Because what you just said supports my point. The OP is in a super high bracket now and will sell his stock in a much lower tax bracket. This is the exact scenario where he should consider reducing current taxable distributions. It appeared their income for th...
by 000
Tue Sep 29, 2020 9:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is pushing Personal Advisory Services
Replies: 36
Views: 2158

Re: Vanguard is pushing Personal Advisory Services

I was able to stop all Vanguard marketing communication by sending a message requesting so in the secure message center.
by 000
Tue Sep 29, 2020 9:44 pm
Forum: US Chapters
Topic: Where did HEDGEFUNDIE go?
Replies: 63
Views: 5496

Re: Where did HEDGEFUNDIE go?

Another more common scenario that plays out is high earners selling appreciated assets after they have early retired and are in a much lower LTCG bracket. The highest LTCG/QCD bracket in CA is 37.1% Deferring this to when your bracket is only 15% is not just deferral, it’s avoidance. Well, in the l...
by 000
Tue Sep 29, 2020 9:16 pm
Forum: US Chapters
Topic: Where did HEDGEFUNDIE go?
Replies: 63
Views: 5496

Re: Where did HEDGEFUNDIE go?

Well, there you go another vote for paying lots of taxes because it's comfortable, i.e. what you've always done. The advice doesn't bother me. It did apparently bother hedge fundie. I think he was a hoping for a little more than a skim and: yep, looks like you need more VTI in your life. I suspect ...
by 000
Tue Sep 29, 2020 8:35 pm
Forum: US Chapters
Topic: Where did HEDGEFUNDIE go?
Replies: 63
Views: 5496

Re: Where did HEDGEFUNDIE go?

I think because the person who posted it had no reasoning (literally none) behind their argument while HF had demonstrated with numbers why he recommended what he recommended. Hedgefundie wanted to engage in order to get sharper, see things he was missing, etc. Hearing one more: we do this because ...
by 000
Tue Sep 29, 2020 7:44 pm
Forum: Personal Investments
Topic: Quick portfolio check up - 31 and chugging along
Replies: 4
Views: 928

Re: Quick portfolio check up - 31 and chugging along

Is your stance on holding a balanced fund in a taxable acct. due to the bond component? What would you switch to? Not really though many people would prefer bonds in tax-deferred accounts. The real reasons for me are: No foreign tax credit unless the fund has "enough" foreign holdings (or income?)....
by 000
Tue Sep 29, 2020 6:38 pm
Forum: US Chapters
Topic: Where did HEDGEFUNDIE go?
Replies: 63
Views: 5496

Re: Where did HEDGEFUNDIE go?

HEDGEFUNDIE's latest (i.e. last) post is here . In general, to find a user's last post, you can hover over any place where the system is showing their screen name. It will turn into a link and you can click on it to find the user's profile. Or, you can click on the gear icon top right near the sear...
by 000
Tue Sep 29, 2020 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Overpayment - Ex Employer Asking for Money Back
Replies: 109
Views: 6031

Re: 401K Overpayment - Ex Employer Asking for Money Back

Ok well you scared me enough to at least be a bit more proactive about this. I'm going to send this letter. What do you guys think? do you want for me to polite or honest with? If honest - you can write any number of letters you wish, and send it to whoever you want , it would not matter at all. - ...
by 000
Tue Sep 29, 2020 5:37 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

IMO half the problem is the two groups talk past each other. 100% US stocks crowd: "You don't need INTL stocks." US + INTL stocks crowd: "INTL stocks are good for diversification." These two viewpoints are not mutually exclusive so throwing them back and forth at each other isn't really addressing w...
by 000
Tue Sep 29, 2020 3:19 am
Forum: Investing - Theory, News & General
Topic: Gold is again on my head
Replies: 45
Views: 3426

Re: Gold is again on my head

Gold serves a useful function now that we have so much of it but does $700B really defend $45T very effectively? Time will tell. If gold were revlaued it would. There's a non-zero possibility of that being one of the solutions to the growing debt pile. What exactly do you mean here by Gold being re...
by 000
Tue Sep 29, 2020 2:25 am
Forum: Personal Investments
Topic: Zacks [Use Zacks for picking mutual funds]
Replies: 6
Views: 695

Re: Zacks [Use Zacks for picking mutual funds]

No, I use index funds and individual stocks. Most active funds just cost too much. Unless the zacks service is free, you will be adding fees on top of fees for the active mutual funds. As of this post, the first mutual fund listed in the "Top Sector" on zacks.com is BREFX, a REIT fund with an expens...
by 000
Tue Sep 29, 2020 12:08 am
Forum: Personal Investments
Topic: Bonds in zero interest rate environment
Replies: 9
Views: 1467

Re: Bonds in zero interest rate environment

If still working in mid-50s, EE bonds may be a big tax hit or require holding (up to) another 10 years at possibly a very low rate. Well, assuming that my federal tax rate stays the same (38 year old vs. 58 year old), there are no negative tax consequences (one has to always pay income tax from the...
by 000
Mon Sep 28, 2020 11:14 pm
Forum: Non-US Investing
Topic: Inventory in Ireland and other questions...
Replies: 2
Views: 296

Re: Inventory in Ireland and other questions...

If anyone involved is a US person (you mentioned IBKR US), you need to learn about PFICs . The Ireland ETFs are PFICs. Other than that, it's not quite clear what you are asking. Investing in Irish-domiciled ETFs does not require travelling to Ireland or opening an Irish brokerage account. Irish-domi...
by 000
Mon Sep 28, 2020 11:02 pm
Forum: Personal Investments
Topic: Bonds in zero interest rate environment
Replies: 9
Views: 1467

Re: Bonds in zero interest rate environment

If still working in mid-50s, EE bonds may be a big tax hit or require holding (up to) another 10 years at possibly a very low rate.
by 000
Mon Sep 28, 2020 10:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 8952
Views: 711359

Re: U.S. stocks continue to soar!

Lump sum Jan 2000 - Aug 2020: US Stocks: 6.55% CAGR Long Term Treasury: 7.82% CAGR Gold: 9.34% CAGR Harry Browne Permanent Portfolio: 6.99% CAGR The problem with your data is that in January 2000, the 10 Year Treasury had an interest rate of 6.66%. (Where have I seen that number before?) Today it i...
by 000
Mon Sep 28, 2020 9:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 8952
Views: 711359

Re: U.S. stocks continue to soar!

tmcc wrote: Mon Sep 28, 2020 9:10 pm in a zirp interest rate environment, make your own decisions
Fair
by 000
Mon Sep 28, 2020 9:06 pm
Forum: Investing - Theory, News & General
Topic: Commercial Real Estate Vacancy
Replies: 7
Views: 631

Re: Commercial Real Estate Vacancy

firebirdparts wrote: Mon Sep 28, 2020 8:52 pm I'm totally ignorant, but going by what I see through the windshield of my car, this is totally normal. [...] there are big stores around here that have been empty for 25 years.
I can confirm I see this too IRL where I live.
by 000
Mon Sep 28, 2020 9:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 8952
Views: 711359

Re: U.S. stocks continue to soar!

for not-yet-retirees, to not be 100% stocks is irresponsible. To whom? Why? What if stocks have a bad 20 year run? Lump sum Jan 2000 - Aug 2020: US Stocks: 6.55% CAGR Long Term Treasury: 7.82% CAGR Gold: 9.34% CAGR Harry Browne Permanent Portfolio: 6.99% CAGR Now, you might say, 'well you're cherry...
by 000
Mon Sep 28, 2020 8:46 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for Private Investments
Replies: 7
Views: 484

Re: Asset Allocation for Private Investments

Helpful... I'm not sure I understand the increase of exposure to tech giants if you're at a startup. Can you explain that again? And why would you want to decrease exposure to small caps - if you're in tech, say working for Amazon, wouldn't you want to decrease your exposure to big tech and increas...
by 000
Mon Sep 28, 2020 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Parents being sued, am I liable for anything?
Replies: 20
Views: 3253

Re: Parents being sued, am I liable for anything?

I am not involved at all with the rental property. [...] Planning on shopping for lawyers tomorrow. Any advice on how to handle this current situation? Well I think that you should not allow yourself to become too involved in the situation. If you are going along to lawyer interviews, talking with ...
by 000
Mon Sep 28, 2020 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Parents being sued, am I liable for anything?
Replies: 20
Views: 3253

Re: Parents being sued, am I liable for anything?

Familial support law is BS, most of those are just itching for a court challenge anyway and are not used. What is Familial support law? I have never heard or it. I assume it is not the same as filial support law? (For filial support law, I only know about https://www.elderlawanswers.com/son-liable-...
by 000
Mon Sep 28, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for Private Investments
Replies: 7
Views: 484

Re: Asset Allocation for Private Investments

Interesting. I never really thought about not counting these types of investments as part of your overall asset allocation. But you’re right, they are static and can’t really easily be liquidated. I may just take a step back and think about making these part of my net worth, but for asset allocatio...
by 000
Mon Sep 28, 2020 8:10 pm
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 144
Views: 12621

Re: Long Suffering VXUS Holder No More

If I were personally to reallocate non-US equity to US equity, I would also reallocate some nominal bonds to TIPS to compensate for the reduction in inflation protection offered by holding US equity only. Not sure I see the connection here. Can you explain further why US stocks have less inflation ...
by 000
Mon Sep 28, 2020 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Parents being sued, am I liable for anything?
Replies: 20
Views: 3253

Re: Parents being sued, am I liable for anything?

For an authoritative answer, you need a lawyer.

But unless (1) I were involved in the ownership or management of the rental or (2) in a situation where familial support laws apply (few States have them), I would not be worried about my own liability at all.
by 000
Mon Sep 28, 2020 8:06 pm
Forum: Investing - Theory, News & General
Topic: Commercial Real Estate Vacancy
Replies: 7
Views: 631

Re: Commercial Real Estate Vacancy

Isn't most Commercial RE owned by investment organizations not individuals?
by 000
Mon Sep 28, 2020 7:29 pm
Forum: Investing - Theory, News & General
Topic: Joe Montana vs S&P since 1981 $1 invested
Replies: 27
Views: 4845

Re: Joe Montana vs S&P since 1981 $1 invested

I wonder what the return has been on the purchase price of the first football Joe's parents bought him.

I'm guessing :moneybag :moneybag :moneybag
by 000
Mon Sep 28, 2020 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Overpayment - Ex Employer Asking for Money Back
Replies: 109
Views: 6031

Re: 401K Overpayment - Ex Employer Asking for Money Back

You first need to get an accounting of why they think you owe them money and have them explain to you to your satisfaction that money you received as part of the rollover actually wasn't yours. This should include all statements from six months before the period in question until the date of the ro...
by 000
Mon Sep 28, 2020 6:39 pm
Forum: Investing - Theory, News & General
Topic: Are we NOW in a bubble?
Replies: 72
Views: 6984

Re: Are we NOW in a bubble?

I think so.

I also thinking maintaining (or acquiring) a diversified balanced allocation is probably the answer.

Although undoubtedly some will become very wealthy by timing the market.
by 000
Mon Sep 28, 2020 5:45 pm
Forum: Investing - Theory, News & General
Topic: What do Bogleheads think of what happen to Japan?
Replies: 64
Views: 4738

Re: What do Bogleheads think of what happen to Japan?

If the same were to happen to the US, it would be far worse here due to the sheer amount of individuals and organizations (e.g. pensions) that are depending on robust stock market returns and that continuing prosperity is one of the primary factors holding the US together (as opposed to shared cultu...
by 000
Mon Sep 28, 2020 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Overpayment - Ex Employer Asking for Money Back
Replies: 109
Views: 6031

Re: 401K Overpayment - Ex Employer Asking for Money Back

If they are merely trying to correct the tax situation (if there even is something to be corrected?), as long as the damage to me is less than the $6,400, I don't think I would take any further action besides whatever corrections are required by law. If somehow I would suffer a net loss from their ...
by 000
Mon Sep 28, 2020 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: 401K Overpayment - Ex Employer Asking for Money Back
Replies: 109
Views: 6031

Re: 401K Overpayment - Ex Employer Asking for Money Back

I certainly would not have any discussion with the ex-employer or authorize anyone else (e.g. IRA custodian) to do so without counsel. In my personal opinion a reputable business would not try to recover a $6,400 mistake in employee pay that they made five years ago (yes, I know the statute of limit...
by 000
Mon Sep 28, 2020 4:20 pm
Forum: Investing - Theory, News & General
Topic: Never Ever Rebalance Bonds into Stocks?
Replies: 248
Views: 16314

Re: Never Ever Rebalance Bonds into Stocks?

What about rebalancing during a stock market crash from stocks to LEAPS instead of bonds to stocks?
by 000
Mon Sep 28, 2020 4:13 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 2989
Views: 214751

Re: Small Cap Value heads Rejoice !!!

Forester wrote: Mon Sep 28, 2020 3:24 am More a source of differentiated returns than a quest to beat the market. Splitting my equities threeways SCV-Momentum-MinVol is the best plan I can arrive at, having examined all the evidence.
Thanks. That makes sense.
by 000
Mon Sep 28, 2020 4:11 pm
Forum: Investing - Theory, News & General
Topic: Gold is again on my head
Replies: 45
Views: 3426

Re: Gold is again on my head

Oil is a critical commodity used in times of national defense such as war and oil embargo. Hoarding oil make sense as perhaps does accumulating other strategic materials. We are stuck with gold from the 'barbaric relic' days - I doubt we've been buying much since those days, much less actively hoar...
by 000
Mon Sep 28, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

I guess as long as a person is confident that US consumer spending will remain elevated, most US consumer spending will continue to be on products from US corporations, the US will continue to grow faster than the rest of the world, and the rest of the world won't factor this into stock valuations,...
by 000
Sun Sep 27, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

Looking at the BLS Consumer Expenditure Survey data , we can be very confident that the overwhelming majority of Americans' spending is for American products, both goods and services. Housing is overwhelming American 'made', with only a very small proportion of the costs involved in building homes ...
by 000
Sun Sep 27, 2020 9:51 pm
Forum: Investing - Theory, News & General
Topic: Gold is again on my head
Replies: 45
Views: 3426

Re: Gold is again on my head

Buying a gold producer is very different from buy the gold metal itself. For example, it's entirely reasonable to buy some oil producer stocks for long term gain, but it's pretty stupid to buy oil barrels and pay significant costs to store them for long term gain. The US Government hoards both Gold...
by 000
Sun Sep 27, 2020 8:53 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

Can you estimate how much of your budget comes from imports, and specifically from countries with a material position in the VEA fund? For reference, about 15% of US GDP is composed of imports. The S&P 500 alone has a higher share of foreign revenue than what US GDP comes from imports. No, because ...
by 000
Sun Sep 27, 2020 8:47 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

Currency risk is a big one. Yes, most international funds hedge this risk, but that is a cost that is not compensated with additional expected return. It seems with the large amount of imported goods, being all USD has more currency risk than having some exposure to foreign currency. Also I think m...
by 000
Sun Sep 27, 2020 8:24 pm
Forum: Personal Investments
Topic: Vanguard Customer Service: How to Proactively Avoid a Problem
Replies: 15
Views: 1299

Re: Vanguard Customer Service: How to Proactively Avoid a Problem

Can you explain which parts of which forms Vanguard failed to follow?
by 000
Sun Sep 27, 2020 8:16 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

Certainly they all did worse than U.S. investors. My point is merely that all roads have risk, though some roads certainly seem riskier than others. By my estimation, ex-U.S. stock is certainly riskier than U.S. stock. Whether it's worth the additional risk is a matter of opinion. The idea that own...
by 000
Sun Sep 27, 2020 7:48 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 2989
Views: 214751

Re: Small Cap Value heads Rejoice !!!

Forester wrote: Sun Sep 27, 2020 7:42 pm Low vol is inconvenient so apparently it's explained by Quality + Value + whether it's a full moon, or something. Momentum can't be explained as a risk factor so it's dismissed as too expensive to practically invest in.
Why do you hold SCV?
by 000
Sun Sep 27, 2020 7:46 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

The U.S. government has already confiscated significant financial assets. It was called executive order 6102 and required citizens to turn in their gold. True, and a bad thing to be sure, but they received USD in exchange and, considering the USD-Gold ratio, suffered about -41%, not -100%. How did ...
by 000
Sun Sep 27, 2020 7:28 pm
Forum: Investing - Theory, News & General
Topic: Myths of international investing - Fidelity
Replies: 202
Views: 12384

Re: Myths of international investing - Fidelity

I still don’t get the whole anglosphere thing. Basically you’re suggesting that people try to replace their irrational bias against foreign countries with a somewhat less damaging irrational bias against non-English speaking countries? Like “don’t smoke cigarettes, but instead smoke these e-cigaret...
by 000
Sun Sep 27, 2020 7:23 pm
Forum: Investing - Theory, News & General
Topic: Gold is again on my head
Replies: 45
Views: 3426

Re: Gold is again on my head

Buying a gold producer is very different from buy the gold metal itself. For example, it's entirely reasonable to buy some oil producer stocks for long term gain, but it's pretty stupid to buy oil barrels and pay significant costs to store them for long term gain. The US Government hoards both Gold...