Search found 32 matches

by nirajn123
Thu Oct 15, 2020 6:29 am
Forum: Non-US Investing
Topic: Australia - Young and Dumb and Improbably Lucrative...?
Replies: 14
Views: 2992

Re: Australia - Young and Dumb and Improbably Lucrative...?

Good points Valuethinker and I must say I need to do more research on annuities myself (I am forever optimist and don't always objectively look at things in haste of early retirement). Useful discussion too, but I have hijacked somebody else's thread so I'll create one specific to WR (theory and pra...
by nirajn123
Wed Oct 14, 2020 11:00 am
Forum: Non-US Investing
Topic: Australia - Young and Dumb and Improbably Lucrative...?
Replies: 14
Views: 2992

Re: Australia - Young and Dumb and Improbably Lucrative...?

The rulebook has been torn up. I see 4% tossed around and I shudder. Basically your SWR is whatever your index linked annuity would give you (SPIA in Americanese). And in the UK, that's barely over 2% (65 year old male, 62 year old spouse, 50% survivor benefit). Note also your UK state pension won'...
by nirajn123
Tue Oct 13, 2020 4:19 pm
Forum: Non-US Investing
Topic: Australia - Young and Dumb and Improbably Lucrative...?
Replies: 14
Views: 2992

Re: Australia - Young and Dumb and Improbably Lucrative...?

There is no 4% drawdown rule. Wade Pfau himself has said that on current interest rates and expected return, it is closer to 3%. And all of that was predicated on retire at 65 in any case -i.e. it is investment returns that offset inflation, but also mortality credit (amortizing the capital over yo...
by nirajn123
Mon Oct 12, 2020 6:34 am
Forum: Non-US Investing
Topic: EU retirement planning & variable percentage withdrawals
Replies: 6
Views: 920

Re: EU retirement planning & variable percentage withdrawals

My question is this. Given that sooner or later we intend to spend this sum, what is the break-even point at which it is advisable to evaluate investing this sum in a global bond aggregate hedged ETF fund or in an FTSE All-World UCITS ETF distributing? How many years should sooner be understood? ho...
by nirajn123
Sat Oct 10, 2020 5:00 pm
Forum: Non-US Investing
Topic: EU retirement planning & variable percentage withdrawals
Replies: 6
Views: 920

Re: EU retirement planning & variable percentage withdrawals

Vanguard LifeStrategy Moderate Growth Fund (VSMGX) is a 60/40 stock/bond portfolio can be replicated by all world stock and global aggregate bond fund. Have a look at https://www.bogleheads.org/wiki/Simple_non-US_portfolios for the funds where you are. Advantage of LifeStrategy is that the rebalanci...
by nirajn123
Tue Oct 06, 2020 11:37 am
Forum: Non-US Investing
Topic: FF Factor based Quant ETFs
Replies: 4
Views: 1141

Re: FF Factor based Quant ETFs

Thanks, I am UK based and I don't see those being available here - certainly not with my broker. If one is after multi-factor, there is London listed JPGL & HWWA - I do need to look at them in more details. For this post though, I was specifically looking to see if we have the filtered Small cap...
by nirajn123
Tue Oct 06, 2020 7:51 am
Forum: Non-US Investing
Topic: FF Factor based Quant ETFs
Replies: 4
Views: 1141

FF Factor based Quant ETFs

Bit of a theoretical question but if Dimensional or Avantis ETFs were to be available in the Europe in future, would you switch to those? Anyone has any thoughts on when EU version of these is likely to be available?
by nirajn123
Wed Sep 09, 2020 12:07 pm
Forum: Non-US Investing
Topic: How can foreigners invest in S&P, Japan and China 500
Replies: 12
Views: 1038

Re: How can foreigners invest in S&P, Japan and China 500

You need to provide more details so people can help, this is an international forum so everyone is a 'foreigner' as far as international investing is concerned.
by nirajn123
Fri Sep 04, 2020 1:00 pm
Forum: Non-US Investing
Topic: UK SIPP Pension Freedom age raised to 57 - How does it affect your plan
Replies: 10
Views: 763

Re: UK SIPP Pension Freedom age raised to 57 - How does it affect your plan

News in the FT today about the UK SIPP pension freedom age raised to 57 from 2028, rationale being few reckless spenders have no plan and spend too much too soon. As someone who was planning to retire early with an eye on drawing down just after 2028 means going back to drawing board and possibly w...
by nirajn123
Fri Sep 04, 2020 12:52 pm
Forum: Non-US Investing
Topic: UK SIPP Pension Freedom age raised to 57 - How does it affect your plan
Replies: 10
Views: 763

Re: UK SIPP Pension Freedom age raised to 57 - How does it affect your plan

000 wrote: Fri Sep 04, 2020 11:19 am
nirajn123 wrote: Fri Sep 04, 2020 10:56 am UK SIPP pension freedom age raised to 57 from 2028
One of the most Orwellian things I have heard in a long time.
Government's words not mine but couldn't agree more :)
by nirajn123
Fri Sep 04, 2020 10:56 am
Forum: Non-US Investing
Topic: UK SIPP Pension Freedom age raised to 57 - How does it affect your plan
Replies: 10
Views: 763

UK SIPP Pension Freedom age raised to 57 - How does it affect your plan

News in the FT today about the UK SIPP pension freedom age raised to 57 from 2028, rationale being few reckless spenders have no plan and spend too much too soon. As someone who was planning to retire early with an eye on drawing down just after 2028 means going back to drawing board and possibly wo...
by nirajn123
Tue Sep 01, 2020 10:16 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

I find it hard to believe you cannot buy the GBP version on your platform. It's possible to buy the wrong USD fund in error, I did this with an iShares gold fund. I used these for my mother's SIPP; VWRL global equity, VVAL global value, SPGP gold producers, SGLN physical gold, IGLS 0-5yr UK gilts. ...
by nirajn123
Tue Sep 01, 2020 9:37 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

Thanks, here is what I found in terms of time weighted spreads. VEVE - 0.17% VWRL - 0.12% SWDA - 0.09% Average volumes for VEVE on LSE are 512!! whereas for SWDA is 125K. But reading about this a bit more, I think I have got this wrong, there are authorised participants who provide sufficient liqui...
by nirajn123
Mon Aug 31, 2020 2:12 pm
Forum: Non-US Investing
Topic: An Active/Passive Portfolio review
Replies: 21
Views: 1838

Re: An Active/Passive Portfolio review

OP, I went down similar route some 11 years ago by buying bunch of hand-picked active mutual funds and while your allocation is much nuianced & smarter than mine (you already have majority of holdings in ETFs and ITs) some of my learning may apply to you too. It has worked well for me in these y...
by nirajn123
Mon Aug 24, 2020 7:45 am
Forum: Non-US Investing
Topic: VTI/VXUS- Need guidance [India]
Replies: 45
Views: 3370

Re: VTI/VXUS- Need guidance [India]

HDFC and AXIS securities seem to offer US investing via Vested - prices seems reasonable especially if you want to buy and hold, I just googled it and have not used it myself - see if that works for what you are trying to do.
by nirajn123
Sat Aug 22, 2020 1:52 pm
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

Thanks, here is what I found in terms of time weighted spreads. VEVE - 0.17% VWRL - 0.12% SWDA - 0.09% Average volumes for VEVE on LSE are 512!! whereas for SWDA is 125K. But reading about this a bit more, I think I have got this wrong, there are authorised participants who provide sufficient liqui...
by nirajn123
Sat Aug 22, 2020 10:52 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

The one off costs on the table are the 30 day average spread. This is only a “two off” cost, in and out, remember, whereas the OCF is an annual charge. I use VEVE and VFEM. The average spreads are the ones I mentioned earlier, this is a spread related cost that is incurred by the provider (authoris...
by nirajn123
Sat Aug 22, 2020 8:22 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

Vanguard publish the latest spreads on ETFs https://www.vanguardinvestor.co.uk/content/documents/legal/vanguard-full-fund-costs-and-charges.pdf Remember that with VEVE and EIMI, you’re mixing and matching FTSE and MSCI indices. In this case, doubling up on South Korea. The costs are likely to be in...
by nirajn123
Sat Aug 22, 2020 6:52 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

Thanks, here is what I found in terms of time weighted spreads. VEVE - 0.17% VWRL - 0.12% SWDA - 0.09% Average volumes for VEVE on LSE are 512!! whereas for SWDA is 125K. But reading about this a bit more, I think I have got this wrong, there are authorised participants who provide sufficient liquid...
by nirajn123
Sat Aug 22, 2020 5:35 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

UK - What is your choice of equity funds

I have started consolidating my portfolio to a 3 fund portfolio but bit frustrated with the low volumes on LSE (and hence resulting spread impact). Initially I zeroed on - 1. Developed world - VEVE & 2. Emerging Market - EIMI But the VEVE volumes are paltry and while it shouldn't matter as far a...
by nirajn123
Sat Aug 22, 2020 4:52 am
Forum: Non-US Investing
Topic: UK investors: savings account rates: what am I missing?
Replies: 5
Views: 568

Re: UK investors: savings account rates: what am I missing?

Market inefficiencies can and do exist. Majority of people don't prioritise their time looking for the best deal, they just go for what most convenient or stay where they are. Evident across so many industries (Utilities, Insurance etc) not just banking - no matter how easy it is to switch. And to b...
by nirajn123
Sat Aug 15, 2020 9:38 am
Forum: Non-US Investing
Topic: Freetrade (UK)
Replies: 6
Views: 637

Re: Freetrade (UK)

Anyone tried Freetrade? Ive recently opened an account for 'fun money'. But noticed it has many of the standard index ETF funds, so in fact pretty good for an index investor. In basic version its commission free, no platform fee, the only cost is £3 per month if you want to hold in an ISA, and of c...
by nirajn123
Thu Aug 06, 2020 3:11 pm
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

Bonds is partly about sleeping easy. Also, if you believe equity market returns tend to mean revert, then bonds give you firepower when markets are going down. I was 100% equities for a very long time, but then I lived through the crash of 2008/09. Had things not recovered, my retirement plans woul...
by nirajn123
Thu Aug 06, 2020 12:03 pm
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

Bonds is partly about sleeping easy. Also, if you believe equity market returns tend to mean revert, then bonds give you firepower when markets are going down. I was 100% equities for a very long time, but then I lived through the crash of 2008/09. Had things not recovered, my retirement plans woul...
by nirajn123
Thu Aug 06, 2020 7:14 am
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

yes I like point 1; VMOM has done great since I bought it, and VVAL has not but I am telling myself that what matters is the long run, so I'll wait and see. I had a look of the holdings of those 2 ETFs, the 2 ETFs together are very different from the whole market. For a start they are chiefly inves...
by nirajn123
Thu Aug 06, 2020 6:41 am
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

New to the forum but been investing for over 20+ years - mainly through MFs and Individual stocks but have held SPY for a long time too. Recently though I have been thinking of a simple long term portfolio with an optional early retirement in next 5-6 years in mind. I am in my early 40s so its comp...
by nirajn123
Thu Aug 06, 2020 6:26 am
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

New to the forum but been investing for over 20+ years - mainly through MFs and Individual stocks but have held SPY for a long time too. Recently though I have been thinking of a simple long term portfolio with an optional early retirement in next 5-6 years in mind. I am in my early 40s so its comp...
by nirajn123
Wed Aug 05, 2020 4:06 pm
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

Here are two threads discussing using the CAPE ratio to switch between stocks and bonds or alter your stock/bond allocation: https://www.bogleheads.org/forum/viewtopic.php?t=268974 and https://www.bogleheads.org/forum/viewtopic.php?t=280722. But it sounds like you're thinking about doing something ...
by nirajn123
Wed Aug 05, 2020 4:02 pm
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

To extend on what you are trying to do: P/E ratios, which CAPE is, by themselves are not a over/under price signal. It has to be measured relatively to something else. CAPE is specifically designed to estimate long term returns. One has to be careful about using relative measures for US/DM/EM. As a...
by nirajn123
Wed Aug 05, 2020 1:10 pm
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Re: Adjusting for CAPE Ratios

Here are two threads discussing using the CAPE ratio to switch between stocks and bonds or alter your stock/bond allocation: https://www.bogleheads.org/forum/viewtopic.php?t=268974 and https://www.bogleheads.org/forum/viewtopic.php?t=280722. But it sounds like you're thinking about doing something ...
by nirajn123
Wed Aug 05, 2020 12:16 pm
Forum: Non-US Investing
Topic: Adjusting for CAPE Ratios
Replies: 16
Views: 786

Adjusting for CAPE Ratios

New to the forum but been investing for over 20+ years - mainly through MFs and Individual stocks but have held SPY for a long time too. Recently though I have been thinking of a simple long term portfolio with an optional early retirement in next 5-6 years in mind. I am in my early 40s so its compl...
by nirajn123
Wed Aug 05, 2020 10:37 am
Forum: Non-US Investing
Topic: Lump Sum investing: all at once or spread over time
Replies: 13
Views: 1115

Re: Lump Sum investing: all at once or spread over time

My first post on this board but been an investor for over 20+ years Vanguard have done few studies on this and historic data shows Lump sum is better strategy about 2/3rds of time. 1/3 DCA wins. Please do a google search for the Vanguard research paper and see what works for you. Other than DCA, val...