Search found 35136 matches

by Valuethinker
Tue Sep 18, 2018 5:19 am
Forum: Investing - Theory, News & General
Topic: How can I buy ALIBABA and TENCENT stock?
Replies: 20
Views: 1244

Re: How can I buy ALIBABA and TENCENT stock?

How can I buy ALIBABA and TENCENT stock directly? I know for sure I'm not the only one interested in doing this. I want to DCA into these stocks over the next 5-10 years. These 2 stocks are 27% of this fund https://www.ishares.com/us/products/239619/ishares-msci-china-etf That's not a fully exposed...
by Valuethinker
Mon Sep 17, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

Also: 1. Children wore school uniforms and had uniforms for sport. I think it may be the policy (at least at some schools) that A Level students can wear "civilian" clothes. Maybe depends on school? Yes re sports uniforms. 2. There was supervised afternoon study hours - obviously no video games but...
by Valuethinker
Mon Sep 17, 2018 5:18 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

This thread has gotten sidetracked by our own experiences of such places. I accept the blame for part of that. For the Original Poster: - UK has boarding schools and they vary a lot. There are weaker schools which rely on their foreign students. That's not ideal as one wants a balance. Coming in at ...
by Valuethinker
Mon Sep 17, 2018 4:54 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

Wow. I would say the exact opposite. The lack of female students or teachers turned the place into the equivalent of a prison I could certainly see how it could go that way, too. Maybe highlights the importance of getting reviews from recent students. One thing that has become clear with recent new...
by Valuethinker
Mon Sep 17, 2018 4:23 am
Forum: Investing - Help with Personal Investments
Topic: (No Savings) *Everything* in S&P 500?
Replies: 33
Views: 3648

Re: (No Savings) *Everything* in S&P 500?

The thing to understand is that going from 80% equities/ 20% bonds to 100% equities buys you surprisingly little additional return, but a lot more volatility. The reason is correlation. US Treasury Bonds have a low correlation with equities (less than 0.1, empirically, over the long run, I believe; ...
by Valuethinker
Mon Sep 17, 2018 3:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor suggesting 7 Bond funds for my 40%
Replies: 31
Views: 3346

Re: Vanguard Advisor suggesting 7 Bond funds for my 40%

Decided to have Vanguard look at my all Vanguard portfolio (60% stock/40% bonds) with a push for simplification. The proposed stock changes I understand. For bonds, I previously only had 3 Vanguard bond 'funds'. Mostly the Total Bond Market Index fund, GNMA fund and one Treasury Note (TIPs). The su...
by Valuethinker
Mon Sep 17, 2018 2:54 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

ETA: my experience in boarding school was not the drug-fueled orgy that seems to be the prevailing stereotype. Not at all. It was a lot closer to Harry Potter than Animal House. I don’t see the tone of the thread as being the promotion of an Animal House-like stereotype, as much as a warning that a...
by Valuethinker
Sun Sep 16, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: DOW [Closing price on Sep 14, 2018]
Replies: 15
Views: 2593

Re: DOW [Closing price on Sep 14, 2018]

Almost there wrote:
Sat Sep 15, 2018 11:59 am
Yesterday the DOW closed at 26,154. Do you think it will top 26,616 from January 2018 by the end of 2018?

Almost there
I am guessing you are being satirical?

But to play it straight: no stock index is ever predictable.

The definitive answer is: Yes, No & Maybe.
by Valuethinker
Sun Sep 16, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

Ahh. Well. I could tell you stories from friends (and some personal experience) - they would not be permitted on this forum. So no, not exaggeration. It varies by student and by school, and also by time. Am I claiming that sex and drugs don't exist in UK boarding schools? Of course not. But what is...
by Valuethinker
Sun Sep 16, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

ETA: my experience in boarding school was not the drug-fueled orgy that seems to be the prevailing stereotype. Not at all. It was a lot closer to Harry Potter than Animal House. I would think a school would be so worried about getting sued that it wouldn't allow it to happen. The cost to UCC and ot...
by Valuethinker
Sun Sep 16, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

bpp wrote:
Sat Sep 15, 2018 9:56 pm
Valuethinker wrote:
Sat Sep 15, 2018 11:17 am
Drugs? There is not a private school in any of those countries which has not had drug issues.
I’d wager it might be a good rule of thumb that the wealthier the students are on average, the wider the range of drugs to which they have access.
[edited]

Yes.
by Valuethinker
Sun Sep 16, 2018 7:28 am
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 35
Views: 2183

Re: Solar Install w/ SolarCity

Where do you live? What's the approximate 1st floor SQ footage of your house? Why is the generator deducted from the cost? Considering putting Tesla solar panels when I build my next house so thanks for the math example You do need to measure the solar insolation but that shouldn't be hard to do (t...
by Valuethinker
Sun Sep 16, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

I knew a (Singaporean) girl who attended boarding school in the UK. All of her friends had sex by age 14, drank, smoked cigarettes daily, and did drugs recreationally on a pretty regular basis. And that was 30 years ago; I imagine that things are much the same nowadays. Crazy exaggeration/sensation...
by Valuethinker
Sat Sep 15, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: International mix
Replies: 7
Views: 612

Re: International mix

Ok so young investor 30 years old. Current mix: 60% total stock market index 40% total international stock market index Thoughts on this basic portfolio? As I get older I might throw in bonds too but I’m aggressive and have risk tolerance and a long term outlook. Seems like over the last several de...
by Valuethinker
Sat Sep 15, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

Is anyone familiar with UK boarding schools (starting 9th grade) or with an advisor who can guide placement (including a guardian, Visa etc). It’d be for a non-UK/non-EU student/second language learner. Goal is to finish high school — not even sure what they call that in the UK. Or Canada, New Zeal...
by Valuethinker
Sat Sep 15, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: UK boarding school (Intl student)
Replies: 28
Views: 1794

Re: UK boarding school (Intl student)

Is anyone familiar with UK boarding schools (starting 9th grade) or with an advisor who can guide placement (including a guardian, Visa etc). It’d be for a non-UK/non-EU student/second language learner. Goal is to finish high school — not even sure what they call that in the UK. Or Canada, New Zeal...
by Valuethinker
Fri Sep 14, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 52
Views: 4637

Re: Ray Dalio’s latest fearmongering round

I suppose one could think that Ray Dalio is deliberately talking down the markets so that his hedge fund will benefit. I don't believe this to be the case, he seems like a straight shooter with the integrity to express his views openly without a hidden agenda. He thinks about market risks all the t...
by Valuethinker
Fri Sep 14, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Pension alternatives
Replies: 40
Views: 2864

Re: Pension alternatives

We'll be buying an SPIA. Easy and relatively safe. We'll probably use about 25% of our savings. Together with SS that should cover our basic expenses. Another vote for SPIA in lieu of a pension. Much more stable / less complicated than real estate. Real estate does offer the potential for much high...
by Valuethinker
Fri Sep 14, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79648

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Being not correlated to other assets aren't enough to merit an inclusion, even for diversification purposes. A positive expected return above inflation is required. Commodities do not have a positive expected return above inflation. CCFs are different story since they promise to have double return ...
by Valuethinker
Fri Sep 14, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2541

Re: Utility usage way up

House built 2016 Given when the house was built, it should be relatively well insulated. Unfortunately air tightness can vary a lot and that has a big impact - at your levels of insulation probably a greater impact. A hole in the envelope can negate all the good work from the higher standards of in...
by Valuethinker
Fri Sep 14, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2541

Re: Utility usage way up

Everything at our new house built in 2016 is electric. We moved in last June of 2017. August energy use was 1,000 kWh or 34/daily This August we were at 1,500 kWh or 46/daily Only changes I can think of are the following: Avg temps in 2017 for the month were 77* and this year 80* Seriously Cooling ...
by Valuethinker
Fri Sep 14, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Pension alternatives
Replies: 40
Views: 2864

Re: Pension alternatives

We'll be buying an SPIA. Easy and relatively safe. We'll probably use about 25% of our savings. Together with SS that should cover our basic expenses. Another vote for SPIA in lieu of a pension. Much more stable / less complicated than real estate. Real estate does offer the potential for much high...
by Valuethinker
Fri Sep 14, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Pay off 3.125% 152k mortgage early?
Replies: 37
Views: 3039

Re: Pay off 3.125% 152k mortgage early?

Paying off the debt is a reasonable alternative to fixed income investing. The fact that you have your own business should make you more risk averse in your personal financial affairs - which leans towards repaying the debt early. (counterpoint: no "steady job" is safe, today, so in fact being self ...
by Valuethinker
Fri Sep 14, 2018 8:38 am
Forum: Investing - Theory, News & General
Topic: Lessons from the financial crisis (Pisani, CNBC)
Replies: 52
Views: 4939

Re: Lessons from the financial crisis (Pisani, CNBC)

The effect on the real economy and ordinary lives of a global bank run is not imaginable. Valuethinker....Thanks for the thoughtful reply. Much grist for the intellectual mill in your response. Perhaps the time period immediately after WW1 is instructive here (1920-21). What we did there (or more p...
by Valuethinker
Fri Sep 14, 2018 6:17 am
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 48
Views: 4777

Re: Why do we expect TSM to keep growing?

Companies produce income. If they don't, they eventually fail. Investors receive some of this income either through dividends or increased stock value (or some combination of the two). The big problem is governance. I knew a guy who had managed the largest external mutual fund investing in India (t...
by Valuethinker
Fri Sep 14, 2018 5:24 am
Forum: Investing - Theory, News & General
Topic: Commodities have never been cheaper - time to buy?
Replies: 42
Views: 4180

Re: Commodities have never been cheaper - time to buy?

I have about 20% of my portfolio in funds invested in the stocks of commodities producers. I was persuaded by the writings of Bill Bernstein and GMO regarding commodities that if I was going to invest in commodities to avoid commodities futures a nd stick with c ommodity producing companies , as ba...
by Valuethinker
Fri Sep 14, 2018 5:21 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1852

Re: Buying townhome/home -- need opinions

I would concur with the rest of the board on this one. Whenever I hear that "Renting is throwing money down the drain".....I cringe! Also, I feel that in much of the country real estate is richly valued. However, there are social and psychological benefits to home ownership. Home ownership as in Si...
by Valuethinker
Thu Sep 13, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: Why do we expect TSM to keep growing?
Replies: 48
Views: 4777

Re: Why do we expect TSM to keep growing?

It seems that one of the main principle of Bogleheads is "time in the market". This implies that, over the very long course, stock market tends to go up and give us positive real return to our investments. I am curious to hear from the collective knowledge here what is the reasoning behind that bel...
by Valuethinker
Thu Sep 13, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: What do I do with my investments during a downturn/recession?
Replies: 24
Views: 2712

Re: What do I do with my investments during a downturn/recession?

Hi all, I'm 30 years old, married, and have questions on what to do with my retirement investments exactly during a downturn/recession. Currently, I have: - $20,000 Cash in High Yield Savings Account at VioBank (2% APR/year) - $41,000 in Vanguard's Traditional IRA, VFIFX TRD Fund (90/10 AA) - $11,0...
by Valuethinker
Thu Sep 13, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 17587

Re: Bay Area housing frenzy cooling

People don't upgrade as often anymore. It would probably be a downgrade to them moving to the same house paying higher interest rate, that's why it's 'soft' market. They are in no hurry to move if the payment is going to be higher to get the same or crappier house. Keep raising that rates fed, it w...
by Valuethinker
Thu Sep 13, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 17587

Re: Bay Area housing frenzy cooling

Not all of the Bay Area is experiencing a real estate slowdown. Perhaps some sanity is restored in general but the real estate scene varies by location, neighborhood, and specific property. A house nearby just got snapped more than 50% over asking. That's not unusual in my area and I don't live the...
by Valuethinker
Thu Sep 13, 2018 7:18 am
Forum: Investing - Theory, News & General
Topic: Bad Bogle Advice?
Replies: 14
Views: 1405

Re: Bad Bogle Advice?

Originally I replied to the below at the end of another thread and figured it wouldnt get much visibility for discussion as this was not what it centered around so I figured I would instead post this here. What interests me is not necessarily the boldface that Nisi added but the sentence that direc...
by Valuethinker
Thu Sep 13, 2018 6:49 am
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2541

Re: Utility usage way up

https://www.degreedays.net/

If you compare the month for your location (cooling degree days) to 12 months earlier, and the percentage change.

See if that matches the percentage change in usage. If it does, then you have your answer.

More likely that's not the only reason.
by Valuethinker
Thu Sep 13, 2018 5:50 am
Forum: Investing - Theory, News & General
Topic: Good time to do value investing?
Replies: 37
Views: 2466

Re: Good time to do value investing?

From what I have read, Value does better in strong economies than weak economies. This is because Value companies tend to be more highly leveraged and have more volatile earnings. That is what the academics say anyway. Thing is, the economy is going great right now and Large Growth is still outperf...
by Valuethinker
Thu Sep 13, 2018 5:26 am
Forum: Personal Finance (Not Investing)
Topic: reevaluating our life insurance needs
Replies: 6
Views: 530

Re: reevaluating our life insurance needs

I am reevaluating our life insurance needs. We are married, in our late 20s, and have no children and no debt. Currently, we each have a $250k 30 year term policy with 29 years remaining. We got these last year when we were starting to organize our household, got married, etc. Our thinking was that...
by Valuethinker
Thu Sep 13, 2018 4:31 am
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 53
Views: 2944

Re: Buying a new Toyota Camry. What extra options if any?

order to not pay for factory navigation (googlemaps on a smart phone works better). It can take two to four months, but so what? This was the standard process for buying cars when we were living in Europe. You order exactly what you want and get it in a couple of months. They rarely build to stock....
by Valuethinker
Thu Sep 13, 2018 4:04 am
Forum: Investing - Theory, News & General
Topic: Pension alternatives
Replies: 40
Views: 2864

Re: Pension alternatives

I start this thread assuming it will be a debate, and that most of you will not like my idea. I'm okay with this because critique, more ideas, opinions and perspectives to consider can usually drive decision quality. I don't have a pension. I will have social security. I would like additional stead...
by Valuethinker
Thu Sep 13, 2018 2:48 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1852

Re: Buying townhome/home -- need opinions

Hello everyone. I am single, 27 male. Currently on track to make 73K this year (salary plus side hustles.) Employed fulltime at a F500, in a relative LCOL-MCOL area. I am currently looking to buy as I'd like to stay in my current city, hopefully for 10 years+ (family lives here, close to home ...et...
by Valuethinker
Wed Sep 12, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2541

Re: Utility usage way up

Everything at our new house built in 2016 is electric. We moved in last June of 2017. August energy use was 1,000 kWh or 34/daily This August we were at 1,500 kWh or 46/daily Only changes I can think of are the following: Avg temps in 2017 for the month were 77* and this year 80* Thermostat during ...
by Valuethinker
Wed Sep 12, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79648

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Index Current P/E Forward P/E Historical P/E (10 Year) S&P 500 Index 20.71 17.69 17.63 MSCI EAFE Net Index 15.47 14.20 20.31 MSCI EM Net Index 12.91 12.06 14.76 source: https://seekingalpha.com/article/4204441-international-equities-near-inflection-point international markets are substantially chea...
by Valuethinker
Wed Sep 12, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79648

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The U.S. central bank is shifting its monetary policy in two significant ways: raising interest rates and reducing the size of its balance sheet. Other parts of the world are still seeing QE. Investors should understand this unwinding in the U.S represents some risk with potential consequences. The...
by Valuethinker
Wed Sep 12, 2018 7:36 am
Forum: Investing - Theory, News & General
Topic: Commodities have never been cheaper - time to buy?
Replies: 42
Views: 4180

Re: Commodities have never been cheaper - time to buy?

Investors looking at U.S. stocks at current valuation levels and bonds with rising interest rates are asking: "can I buy anything else?" Maybe commodities or old yellow? T-Bills might not be a bad idea either. Those are at opposite ends of the risk spectrum, so they are not close substitutes. The B...
by Valuethinker
Wed Sep 12, 2018 7:03 am
Forum: Investing - Theory, News & General
Topic: A case for holding international bonds
Replies: 14
Views: 1112

Re: A case for holding international bonds

Hi Nisiprius, Yes, I am aware of the research from vanguard, and folowed it when this was all discussed at length here. I am not so much concerned at all about small differences any asset will contribute to reduce portfolio volatility. My only concern that I stated in OP, is default from US bonds w...
by Valuethinker
Wed Sep 12, 2018 5:48 am
Forum: Investing - Theory, News & General
Topic: Money Market Redemption Gate
Replies: 18
Views: 1061

Re: Money Market Redemption Gate

My reply wasn't sarcastic. In 2008 there was 1 money market fund out of 26,000 registered money market funds that had to freeze redemptions. Some people had to wait over a year to get all of their money. The final distribution came five years later but that was only $60 million of the original $3.5...
by Valuethinker
Wed Sep 12, 2018 5:43 am
Forum: Investing - Theory, News & General
Topic: Money Market Redemption Gate
Replies: 18
Views: 1061

Re: Money Market Redemption Gate

I didn't know MM NAV can move. So my VMMXX can have a price other than $1 ?? The below seems to say that retail Prime MMF cannot "break the buck" however they can impose redemption gates. Some funds are both institutional and retail (eg 401k MMFs) and they do have floating NAV. https://www.morganst...
by Valuethinker
Wed Sep 12, 2018 2:58 am
Forum: Investing - Theory, News & General
Topic: Commodities have never been cheaper - time to buy?
Replies: 42
Views: 4180

Re: Commodities have never been cheaper - time to buy?

Investors looking at U.S. stocks at current valuation levels and bonds with rising interest rates are asking: "can I buy anything else?" Maybe commodities or old yellow? T-Bills might not be a bad idea either. Those are at opposite ends of the risk spectrum, so they are not close substitutes. The B...
by Valuethinker
Wed Sep 12, 2018 2:53 am
Forum: Personal Finance (Not Investing)
Topic: Taking pension early
Replies: 6
Views: 1042

Re: Taking pension early

I hope someone can help me understand the pros and cons of taking a no-COLA pension early. I can get pensions from TWO former companies I worked for as follows: PENSION COMPANY ONE: At age 65: $3,816/- per month ($45,792/- per year) At age 62 (my current age): $3,694/- per month ($44,328/- per year...
by Valuethinker
Wed Sep 12, 2018 2:49 am
Forum: Personal Finance (Not Investing)
Topic: MBA vs Home Ownership
Replies: 24
Views: 1931

Re: MBA vs Home Ownership

Hello fellow Bogleheads, I am 25 year-old currently working in the financial services industry. My current pay is $75,000/yr + 7.5% bonus. I am a level 2 candidate for the CFA exam June/2019. I am debating buying a house with my wife next year or going to a top MBA program part-time in two years. W...
by Valuethinker
Tue Sep 11, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Hourly cost of air conditioning?
Replies: 23
Views: 2120

Re: Hourly cost of air conditioning?

People are spending in excess of $2,000 for a frig today. Of the 107 listed on Costco's site, 79 are $1,000 or more, 42 are $2,000 or more. I said "as much as a car used to". My first car cost that much. Oh indeed, and my father's Morris Minor cost £500 ;-). As I said, a long time ago. I think his ...
by Valuethinker
Tue Sep 11, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Hourly cost of air conditioning?
Replies: 23
Views: 2120

Re: Hourly cost of air conditioning?

So, to make sure we understand, an 80 year payback is not acceptable to you? :shock: Consumer Reports used to (I don't get it anymore) push the idea of replacing an old refrigerator due to improved efficiencies. This was before a new refrigerator cost as much as a car used to. I did the analysis, s...