Search found 105 matches

by nzahir
Wed Oct 21, 2020 3:19 pm
Forum: Investing - Theory, News & General
Topic: What is the truth behind the statement very few people are able to beat the market?
Replies: 62
Views: 4924

Re: What is the truth behind the statement very few people are able to beat the market?

https://www.ifa.com/articles/despite_brief_reprieve_2018_spiva_report_reveals_active_funds_fail_dent_indexing_lead_-_works/ Now look at the data from 20-30 years Limited number of active managers beat out the mkt and who is to know if they will continue to do so? There is a number on Spiva, and I lo...
by nzahir
Thu Oct 08, 2020 11:33 am
Forum: Investing - Theory, News & General
Topic: Whence inflation?
Replies: 127
Views: 6811

Re: Whence inflation?

So a few things: 1) You need velocity of money for there to be inflation 2) CPI is BS 3) Inflation is different depending where you live and by a big difference. Big time inflation in big cities where money is moving and salaries are usually higher. Los Angeles, NY, SF, etc In LA, the inflation is m...
by nzahir
Mon Oct 05, 2020 10:38 pm
Forum: Investing - Theory, News & General
Topic: Why not Real Estate instead of Stocks?
Replies: 187
Views: 13128

Re: Why not Real Estate instead of Stocks?

I don't think some of you guys realize how useful leverage is when you can take loans against your property You can get a LOC against stock portfolio, sure, but what happens when your portfolio price fluctuates? You can't get fixed rates for 30 years at these low rates You don't get the depreciation...
by nzahir
Sat Oct 03, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is pushing Personal Advisory Services
Replies: 91
Views: 7415

Re: Vanguard is pushing Personal Advisory Services

I have a named V. rep. She calls me up a few times a year out of the blue, just to talk, seemingly for nothing. The most recent call was to ask me if I had any questions about the upcoming change to Vanguard's money market. This is a new rep, but I've had a named rep for several years. It is probab...
by nzahir
Tue Sep 29, 2020 11:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is pushing Personal Advisory Services
Replies: 91
Views: 7415

Re: Vanguard is pushing Personal Advisory Services

I have a named V. rep. She calls me up a few times a year out of the blue, just to talk, seemingly for nothing. The most recent call was to ask me if I had any questions about the upcoming change to Vanguard's money market. This is a new rep, but I've had a named rep for several years. It is probab...
by nzahir
Tue Sep 29, 2020 2:07 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

Int developed has a small issue for me, it hasn't just underperformed for a while, it has been over 100 years of underperformance. Is that a long enough cycle? International has underperformed because their has been a couple World Wars that disproportionately destroyed the rest of the developed wor...
by nzahir
Tue Sep 29, 2020 11:22 am
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

I have a done a few things over the years, but would recommend broadly diversified international funds such as VTIAX or VFWAX. I started out with Vanguard Tax Managed International which morphed into Vanguard Developed Markets Index (VEA). For a while, I had added Vanguard Emerging Markets (in tota...
by nzahir
Mon Sep 28, 2020 11:32 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

I was looking at a period where SCV did well, 2001-2005 on PortfolioVisualiser. Something that surprised me: CAGR 2001-2005 67% IJS, 33% VTSMX: 8.6% 38% DFSVX, 62% VTSMX: 8.6% https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2000&firstMonth=1&endYear=2005&lastMonth=...
by nzahir
Mon Sep 28, 2020 8:58 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

We use VTIAX Vanguard Total International Market Index Fund for diversification. Approximately 25% of VTIAX portfolio is exposed to emerging markets. As far as performance is concerned, Vanguard Total Stock Market Index Fund (VTSAX) has done better recently. However, many institutions forecast high...
by nzahir
Mon Sep 28, 2020 8:50 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

As an US investor your 'home market' is the US which is the largest economy, so your diversification in international will probably have small impacts if any. For others investing and having a tendency to invest in their home market, an international investments makes a lot more sense and is a lot ...
by nzahir
Fri Sep 25, 2020 10:57 am
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

How many times do you put money in? I want to invest bi-weekly I don't care for small cap growth really and no real care for LV. Rather just do total mkt and SCV for US. I will be holding physical real estate, its what my family does I guess I can split the Int and EM if I want I think your plan is...
by nzahir
Fri Sep 25, 2020 1:48 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Any other funds similar to DEMSX (small cap emerging) that are more easily accessible? Not FNDC FNDC is developed not emerging. DGS is one of your only options if you are set on small-value. There are many more value funds (AVEM for example). Ya I know, I just had a feeling it would get recommended...
by nzahir
Thu Sep 24, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Any other funds similar to DEMSX (small cap emerging) that are more easily accessible?

Not FNDC
by nzahir
Thu Sep 24, 2020 1:47 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

I don't choose between them. I have both, and even add small and value international funds, to avoid a large-growth tilt. Intl*(LG, LV, Small, EM) How many funds do you hold in all? I was trying to do a 3 fund portfolio of: US total mkt, US SCV, Int/Emerging I can always just add another, just adds...
by nzahir
Thu Sep 24, 2020 1:58 am
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

I don't choose between them. I have both, and even add small and value international funds, to avoid a large-growth tilt. Intl*(LG, LV, Small, EM) How many funds do you hold in all? I was trying to do a 3 fund portfolio of: US total mkt US SCV Int/Emerging I can always just add another, just adds m...
by nzahir
Wed Sep 23, 2020 11:54 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

I get China, but how are Japan, UK and others not heavily invested in? More money is being invested for Developed Ex US than EM. Or am I not understanding you? Didn't know India was that hot of an investment I was thinking not of market cap, but sentiment. There seems to be little enthusiasm for ex...
by nzahir
Wed Sep 23, 2020 11:30 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

I think ex-US Developed is the real contrarian play, and is my only international holding right now. Why is it contrarian? Maybe contrarian to normal people who invest in a few stocks and only pay attention to large cap growth and have no clue about diversity or evaluations or market cycles. I thin...
by nzahir
Wed Sep 23, 2020 6:33 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

I think ex-US Developed is the real contrarian play, and is my only international holding right now. Why is it contrarian? Maybe contrarian to normal people who invest in a few stocks and only pay attention to large cap growth and have no clue about diversity or evaluations or market cycles. I thin...
by nzahir
Wed Sep 23, 2020 6:31 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

OP, why did you repost the exact same thread twice today but with a different title? Emerging markets are plays IMO and should not be a large part of your portfolio, certainly not 20+%. Their expected returns are not any lower than US or developed markets. Some will actually argue that their expect...
by nzahir
Wed Sep 23, 2020 5:07 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

OP, why did you repost the exact same thread twice today but with a different title? Emerging markets are plays IMO and should not be a large part of your portfolio, certainly not 20+%. Their expected returns are not any lower than US or developed markets. Some will actually argue that their expect...
by nzahir
Wed Sep 23, 2020 5:04 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Re: Portfolio Help: Struggling to Pick Emerging Markets and or International

As an US investor your 'home market' is the US which is the largest economy, so your diversification in international will probably have small impacts if any. For others investing and having a tendency to invest in their home market, an international investments makes a lot more sense and is a lot ...
by nzahir
Wed Sep 23, 2020 1:50 pm
Forum: Personal Investments
Topic: Portfolio Help: Struggling to Pick Emerging Markets and or International
Replies: 32
Views: 2178

Portfolio Help: Struggling to Pick Emerging Markets and or International

Hi Guys, I am struggling to pick my international holding and I need some help. I want to put about 25% of my portfolio at least in International (Want to be 100% equities overall, very young 20s). US equities have become expensive and every time this has happened, there has been a period of much lo...
by nzahir
Wed Sep 23, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1772

Re: Developed International Correlation with the US

Isn't the purpose of diversification to find less correlated assets to reduce risk and give you a greater return for the amount of risk you take? Or is the purpose of investing in International in case we have a time in the future where somehow we become less correlated with developed countries and...
by nzahir
Wed Sep 23, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: International Correlation with the US and Struggling to Pick EM/ International
Replies: 33
Views: 1772

International Correlation with the US and Struggling to Pick EM/ International

Hi Guys, I am struggling to pick my international holding and I need some help. I want to put about 25% of my portfolio at least in International (Want to be 100% equities overall, very young 20s). US equities have become expensive and every time this has happened, there has been a period of much lo...
by nzahir
Mon Sep 21, 2020 11:49 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

How is DFSVX doing so much better than other small cap values today? Around a 3-4% difference. Shouldn't Avuv be doing similar That's a mutual fund, it's price won't update until after the market close. I guarantee it'll be down bigly :oops: Forgot about that, but will it make a 4% difference? Coul...
by nzahir
Mon Sep 21, 2020 11:43 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

How is DFSVX doing so much better than other small cap values today? Around a 3-4% difference. Shouldn't Avuv be doing similar
by nzahir
Fri Sep 18, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

What makes you say that? My estimate tell me it's closer to 80-20 small-mid. https://www.etrade.wallst.com/v1/stocks/fund_portfolio/portfolio.asp?symbol=VBR Is E*TRADE wrong? It's not wrong, just probably a little misleading if you don't know what you're doing. Why is it misleading, I actually don'...
by nzahir
Fri Sep 18, 2020 3:34 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

What makes you say that? My estimate tell me it's closer to 80-20 small-mid. https://www.etrade.wallst.com/v1/stocks/fund_portfolio/portfolio.asp?symbol=VBR Is E*TRADE wrong? It's not wrong, just probably a little misleading if you don't know what you're doing. Why is it misleading, I actually don'...
by nzahir
Fri Sep 18, 2020 10:55 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

I don't, but I was talking about mid caps in general (its basically a 50-50 mid and small mix) What makes you say that? My estimate tell me it's closer to 80-20 small-mid. https://www.etrade.wallst.com/v1/stocks/fund_portfolio/portfolio.asp?symbol=VBR Is E*TRADE wrong? It's not wrong, just probably...
by nzahir
Fri Sep 18, 2020 1:51 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Steve Reading wrote: Thu Sep 17, 2020 9:59 pm
nzahir wrote: Thu Sep 17, 2020 9:39 pm I don't, but I was talking about mid caps in general (its basically a 50-50 mid and small mix)
What makes you say that? My estimate tell me it's closer to 80-20 small-mid.
https://www.etrade.wallst.com/v1/stocks ... symbol=VBR

Is E*TRADE wrong?
by nzahir
Thu Sep 17, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

2. Why use VBR if it has so much mid cap? Not a bad fund at all though and for some periods of time it has done just as well as SCV if not better, but not when you go back to a longer 50 year period. How do you have 50 years worth of data for VBR? 3. Any way to read on what Avuv does in a clear and...
by nzahir
Thu Sep 17, 2020 8:19 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

So from doing some light studying about SCV I have some questions and conclusions: 1. It seems like S&P600>Russell 2000 b/c of the extra screening process, right? 2. VBR/VSIAX have a lot of mid cap, about half, way too much for the purpose of scv. I have a few questions though. 1. What are the diff...
by nzahir
Thu Sep 17, 2020 6:22 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

So from doing some light studying about SCV I have some questions and conclusions: 1. It seems like S&P600>Russell 2000 b/c of the extra screening process, right? 2. VBR/VSIAX have a lot of mid cap, about half, way too much for the purpose of scv. I have a few questions though. 1. What are the diffe...
by nzahir
Wed Sep 16, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Having a tough time figuring out what SCV fund to pick for the US and now I am wondering if I should have SCV for International or if it gets too complicated/not worth it DFA is not available to me easily. I do have access to Avantis though I think it’s reasonable to just start with US-only. Most o...
by nzahir
Tue Sep 15, 2020 4:44 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Having a tough time figuring out what SCV fund to pick for the US and now I am wondering if I should have SCV for International or if it gets too complicated/not worth it

DFA is not available to me easily. I do have access to Avantis though
by nzahir
Tue Sep 15, 2020 4:41 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 272
Views: 35106

Re: Ex DFA CIO launches competitor which will also have ETFs

Moved all of my international small cap into AVDV this morning. Tax loss harvested out of FNDC, VSS, and ISCF and moved my entire ISCF in our IRAs over as well. Just checked and its looks like my international is now roughly 50% All Cap World Index (Large International with a .04% ER in my 401k) 37...
by nzahir
Tue Sep 15, 2020 4:30 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 272
Views: 35106

Re: Ex DFA CIO launches competitor which will also have ETFs

Moved all of my international small cap into AVDV this morning. Tax loss harvested out of FNDC, VSS, and ISCF and moved my entire ISCF in our IRAs over as well. Just checked and its looks like my international is now roughly 50% All Cap World Index (Large International with a .04% ER in my 401k) 37...
by nzahir
Mon Sep 14, 2020 11:05 am
Forum: Investing - Theory, News & General
Topic: John C. Bogle exposed? No way! [Investing paper retracted]
Replies: 27
Views: 5852

Re: John C. Bogle exposed? No way!

Not reading this, but are they comparing apples to apples or not (likely not)?

Are they comparing tech, large growth, and small value vs large blend?
by nzahir
Mon Sep 07, 2020 11:13 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Kind of lost on which SCV to pick. How do you guys decide? VIOV, VBR, IJS, SLYV, and RWJ (Invesco Small Cap Revenue ETF) I want to learn a lot more about RWJ or any ETF that has to do with SCV companies that are somewhat filtered. I believe that is what AVUV tries to do, but I am a bit lost Any mor...
by nzahir
Sun Sep 06, 2020 6:37 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Kind of lost on which SCV to pick. How do you guys decide? VIOV, VBR, IJS, SLYV, and RWJ (Invesco Small Cap Revenue ETF) I want to learn a lot more about RWJ or any ETF that has to do with SCV companies that are somewhat filtered. I believe that is what AVUV tries to do, but I am a bit lost Any mor...
by nzahir
Sat Sep 05, 2020 5:22 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Kind of lost on which SCV to pick. How do you guys decide? VIOV, VBR, IJS, SLYV, and RWJ (Invesco Small Cap Revenue ETF) I want to learn a lot more about RWJ or any ETF that has to do with SCV companies that are somewhat filtered. I believe that is what AVUV tries to do, but I am a bit lost Any more...
by nzahir
Sat Sep 05, 2020 1:36 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Hmm, I'll read more, but not so sure if active management is needed in the US. But it can be argued for small cap more easily b/c many companies have no real earnings. .25% expense..meh 25bp is pretty cheap for the exposure (same as IJS) in my view. I don't consider AVUV active management any more ...
by nzahir
Fri Sep 04, 2020 3:39 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Hmm, I'll read more, but not so sure if active management is needed in the US. But it can be argued for small cap more easily b/c many companies have no real earnings. .25% expense..meh 25bp is pretty cheap for the exposure (same as IJS) in my view. I don't consider AVUV active management any more ...
by nzahir
Fri Sep 04, 2020 11:22 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Just heard about this https://www.sciencedirect.com/science/article/pii/S0304405X18301326 "Size Matters if you control your junk" So it seems like small caps make more sense when you adjust for companies that are not profitable, but what etf/funds even do this well with small ER IJS/SLYV/VIOV (S&P6...
by nzahir
Fri Sep 04, 2020 10:54 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Just heard about this https://www.sciencedirect.com/science/article/pii/S0304405X18301326 "Size Matters if you control your junk" So it seems like small caps make more sense when you adjust for companies that are not profitable, but what etf/funds even do this well with small ER IJS/SLYV/VIOV (S&P6...
by nzahir
Thu Sep 03, 2020 5:28 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Good links for why some of you guys like small value over small blend? Seems kind of un-bogle-like Just my opinion but: There's really no good economic or fundamental reason why small stocks should produce higher returns. In fact, it's the one factor Fama and French keep in their model that has no ...
by nzahir
Thu Sep 03, 2020 5:27 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Small blend seems un-bogle-like to me, so if you are going to tilt you might as well go where history/theory says you'll come out ahead. Take backtests that use index data with a grain of salt, but you can see historically that small-caps did help outperform the market (on an absolute, not risk-adj...
by nzahir
Thu Sep 03, 2020 2:21 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Good links for why some of you guys like small value over small blend? Seems kind of un-bogle-like Small blend seems un-bogle-like to me, so if you are going to tilt you might as well go where history/theory says you'll come out ahead. Take backtests that use index data with a grain of salt, but yo...
by nzahir
Thu Sep 03, 2020 12:15 pm
Forum: Investing - Theory, News & General
Topic: Bear Cub Smells Bubble
Replies: 406
Views: 30015

Re: Bear Cub Smells Bubble

Top 5 companies in the S&P500 now make up 25%, not concerning to anyone? Has happened during huge bubbles near the peak No. If I was a market timer I'd almost have surely sold very early this year when the pandemic was coming in full force, would still be sitting on the sidelines (pandemic is still...
by nzahir
Thu Sep 03, 2020 12:11 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 3124
Views: 229317

Re: Small Cap Value heads Rejoice !!!

Good links for why some of you guys like small value over small blend? Seems kind of un-bogle-like Small blend seems un-bogle-like to me, so if you are going to tilt you might as well go where history/theory says you'll come out ahead. Take backtests that use index data with a grain of salt, but yo...