Search found 33308 matches

by Valuethinker
Tue Jan 23, 2018 3:49 am
Forum: Investing - Theory, News & General
Topic: New Leveraged ETF of ETFs Targets Retirees Seeking 7% Return
Replies: 10
Views: 1026

Re: New Leveraged ETF of ETFs Targets Retirees Seeking 7% Return

https://www.bloomberg.com/news/articles/2018-01-16/new-leveraged-etf-of-etfs-targets-retirees-seeking-7-return "Leverage” and “retirement” are two words you don’t normally hear together, but that’s exactly the combination one new exchange-traded fund is cooking up. The Strategy Shares NASDAQ 7 HAND...
by Valuethinker
Tue Jan 23, 2018 3:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard chief says "You will never see a bitcoin fund from us"
Replies: 15
Views: 922

Re: Vanguard chief says "You will never see a bitcoin fund from us"

Bogle initially rejected ETFs. Now Vanguard is playing catch up to Blackrock. Blackrock is playing catch up to Blackrock. They acquired Barclays Global Investors, which owned ishares, the first ETF provider (other than a Canadian anomaly), which they had acquired from Wells Fargo a long time ago. V...
by Valuethinker
Tue Jan 23, 2018 3:39 am
Forum: Investing - Theory, News & General
Topic: Bonds - Global or local area bond, Inflation linked or not - pros/cons
Replies: 1
Views: 60

Re: Bonds - Global or local area bond, Inflation linked or not - pros/cons

Hi all :beer , I live in Europe and I am 35 years old. I decide to proceed with a two funds long term investment for the next 30+ years. I will start with common allocation 80% stocks and 20% bonds. For the stock part I choose a global stock index ETF. For the bond part I am not sure what is the be...
by Valuethinker
Tue Jan 23, 2018 3:22 am
Forum: Personal Finance (Not Investing)
Topic: Currency Exchange - Living Internationally Off A US Dollar Portfolio
Replies: 9
Views: 288

Re: Currency Exchange - Living Internationally Off A US Dollar Portfolio

AlohaJoe, how do you "transfer" your quarterly cash? What method do you use to keep the costs down? I use a wire transfer from Interactive Brokers to my local bank account. It is free. Using checks sounds....crazy. Also, I don't think I could have two (2) years of living expenses where I am going i...
by Valuethinker
Mon Jan 22, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: How to Calculate Value of Defined Benefit Plan
Replies: 22
Views: 2261

Re: How to Calculate Value of Defined Benefit Plan

I have a defined benefit plan with a safe organization, at least safe insofar as if its pension plan went bust, the entire global economy has probably crashed. Think similar to federal government but at the international level. My plan is to retire within the next year or two, annual pension income...
by Valuethinker
Mon Jan 22, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Canadian Windfall Investment
Replies: 1
Views: 186

Re: Canadian Windfall Investment

I moved to the U.S 5 years ago and plan to continue to live/work here. I am the beneficiary of a hump of Canadian windfall on the order of 200K :moneybag . I am wondering if I should keep the money in Canada in Canadian $ and invest in Canadian ETFs or to Convert to USD and add to my current US Inv...
by Valuethinker
Mon Jan 22, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 121
Views: 14475

Re: GE and the myth of "safe blue-chip stocks"

Have noticed presently, the relatively few apparently good value positions are those with serious clouds/doubts hanging over them! This might be telling us more about markets than companies ? Those are the ones where the risks have already manifested to the downside. The others flying high also hav...
by Valuethinker
Mon Jan 22, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Commodities for rising interests rates?
Replies: 2
Views: 205

Re: Commodities for rising interests rates?

I am wondering what the more informed folks here think about commodities in a rising interest rate environment? Thanks, Zach In principle rising interest rates are bad for commodity investments. The opportunity cost of investing in anything that pays no return, like commodities (or gold, or bitcoin...
by Valuethinker
Mon Jan 22, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Bankruptcy questions
Replies: 16
Views: 1316

Re: Bankruptcy questions

She cant work out a discount on medical bill and a payment plan to avoid bankruptcy. I would literally tell the medical bill folks if you can not work out some plan and discount I am going for bankruptcy and you will get nothing. It should motivate them to take action. +1 I know people who did just...
by Valuethinker
Mon Jan 22, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Bankruptcy questions
Replies: 16
Views: 1316

Re: Bankruptcy questions

She cant work out a discount on medical bill and a payment plan to avoid bankruptcy. I would literally tell the medical bill folks if you can not work out some plan and discount I am going for bankruptcy and you will get nothing. It should motivate them to take action. +1 Definitely worth a try. Ha...
by Valuethinker
Mon Jan 22, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Individual Corporate Bonds
Replies: 8
Views: 546

Re: Investing in Individual Corporate Bonds

Hi, My wife and I are maxing out on our 401k's which are mostly invested in targeted date funds. We also have about a brockerage account with stocks in it. However, we've accumulated a significant amount of cash that seats in the MM accounts. We're both in mid 40s. Im thinking individual BBB corpor...
by Valuethinker
Mon Jan 22, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: Currency risk for non-US residents
Replies: 9
Views: 664

Re: Currency risk for non-US residents

I appreciate the replies. So Valuethinker and in_reality, it sounds like you'd both recommend diversifying the currency exposure with Intl equities, along the lines of the 50/50 market-cap split that I mentioned? And leaving it at that, and not worrying so much about the bonds side, leaving it all ...
by Valuethinker
Mon Jan 22, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 121
Views: 14475

Re: GE and the myth of "safe blue-chip stocks"

Have noticed presently, the relatively few apparently good value positions are those with serious clouds/doubts hanging over them! This might be telling us more about markets than companies ? Those are the ones where the risks have already manifested to the downside. The others flying high also hav...
by Valuethinker
Mon Jan 22, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 121
Views: 14475

Re: GE and the myth of "safe blue-chip stocks"

Poster upthread made the comments that they sell products that people buy. Could someone explains what happens when the individual divisions get spun off? So if all the sudden that GE decides to spin off its health-care and turbine divisions, do regular share holders get a stake in the companies sp...
by Valuethinker
Sun Jan 21, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: Currency risk for non-US residents
Replies: 9
Views: 664

Re: Currency risk for non-US residents

Hi Bogleheads, I invest in the US due to tax restrictions (PFIC laws), but my future spending is not going to be in USD, as I live overseas and plan to stay here. I currently have a 3-fund portfolio, with a reasonably high allocation to Intl (37%). I am becoming more concerned with the currency ris...
by Valuethinker
Sat Jan 20, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 6954

Re: Lost money through Bitconnect scam - learned my lesson

I’ve been living the Boglehead life for the past 6-7 years. Three fund portfolio and have stuck to the plan. I’ve also made a lot of money so my net worth has risen substantially from income and investments. More money just meant more savings and I’ve also been paying down my mortgage. Until Januar...
by Valuethinker
Sat Jan 20, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 6954

Re: Lost money through Bitconnect scam - learned my lesson

Everyone knows something is a scam in hindsight. Quite frankly it doesn't really matter if the outcome is the same. In 1998 you might have admitted putting money into Enron was speculating (though people thought they were "investing" in Enron). By 2002 everyone knows Enron was a criminal scam. Sema...
by Valuethinker
Sat Jan 20, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: How do Bogleheads reconcile efficient markets theory with Bitcoin?
Replies: 45
Views: 2161

Re: How do Bogleheads reconcile efficient markets theory with Bitcoin?

Most Economic theories, to be tractable, assume that there's no transaction costs and that there's complete/perfect information in the market. That is the case with EMT. Most versions of EMT will make an exception for inside information precisely because of the information asymmetry that insiders h...
by Valuethinker
Sat Jan 20, 2018 4:09 am
Forum: Investing - Help with Personal Investments
Topic: Ireland domiciled ETF vs Unit Trust [Non-US]
Replies: 4
Views: 313

Re: Ireland domiciled ETF vs Unit Trust [Non-US]

A Unit Trust represent a fixed pool investment offered for sale on the open market. I don't believe that is the case here. A UIT (unit investment trust) is a closed ended fund in the US. In Ireland and the UK a Unit Trust can be an open ended investment vehicle that operates similarly to the open-e...
by Valuethinker
Sat Jan 20, 2018 4:06 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Indian Stock Market - Fund selection
Replies: 15
Views: 1247

Re: Investing in Indian Stock Market - Fund selection

Investing in Indian Stock Market is great but don't you need to have an ADAR card and bank account associated with it? I am not sure if it is open to international investors. The returns on Indian stock index funds are in the 25-33% vicinity easily/year. I know all bogleheads including me should ne...
by Valuethinker
Sat Jan 20, 2018 4:04 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Indian Stock Market - Fund selection
Replies: 15
Views: 1247

Re: Investing in Indian Stock Market - Fund selection

I would highly recommend the emerging markets ETF by Vanguard. There might be great returns in the Indian stock market, but you might find those returns being eaten up by currency fluctuations... The conventional problem with the ETFs is a heavy weighting towards China. Diluting any exposure to Ind...
by Valuethinker
Fri Jan 19, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Indian Stock Market - Fund selection
Replies: 15
Views: 1247

Re: Investing in Indian Stock Market - Fund selection

I would highly recommend the emerging markets ETF by Vanguard. There might be great returns in the Indian stock market, but you might find those returns being eaten up by currency fluctuations... The conventional problem with the ETFs is a heavy weighting towards China. Diluting any exposure to Ind...
by Valuethinker
Fri Jan 19, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 32
Views: 2033

Re: High Dividend Stocks as bond substitute?

First, I find this forum very useful, lots of good information here. I feel like I am ready to drink the proverbial coolaid and commit to an asset allocation model portfolio. In principal I would like to go 70/30 stocks bonds, but I am really concerned about macro issues that surround bonds. 1. Fro...
by Valuethinker
Fri Jan 19, 2018 9:08 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 32
Views: 2033

Re: High dividend stocks as bond substitute?

I think the key thing would be to buy companies which have a very good chance of surviving the coming years of disruption. A lot of high dividend king stocks have been a sensible investment for the past 100 years. But that doesn't mean they will be safe for the next hundred... There are actually ve...
by Valuethinker
Fri Jan 19, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 32
Views: 2033

Re: High Dividend Stocks as bond substitute?

Equities are not bonds, nor are they a substitute. Agree but the OP does have a point with being at end of a secular bond bull market. Bond rates should rise in the next few years. After all, they did so from these levels for the Eurozone and for Japan? Equities are not a bond substitute, but what ...
by Valuethinker
Fri Jan 19, 2018 6:47 am
Forum: Personal Finance (Not Investing)
Topic: The wisdom of buying a car that doesn't depreciate (much)
Replies: 36
Views: 5478

Re: The wisdom of buying a car that doesn't depreciate (much)

I am a car guy. Always have been. If you look through my previous posts, you'll see I bought a 2000 Porsche Boxster S three years ago when it was pretty much fully depreciated. Unfortunately, that blew up in my face (almost literally) when the engine was destroyed 200 miles after picking it up in S...
by Valuethinker
Fri Jan 19, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: The wisdom of buying a car that doesn't depreciate (much)
Replies: 36
Views: 5478

Re: The wisdom of buying a car that doesn't depreciate (much)

Here's my take on it: some people really enjoy cars. If it's something that bring them happiness/joy they should absolutely buy whatever they want... even if it is a "bad investment". But they should not seek to justify it as an "investment". Owning a car is, pure and simple, consumption. There's a...
by Valuethinker
Fri Jan 19, 2018 6:01 am
Forum: Local Chapters and Bogleheads Community
Topic: this is why I value this Forum
Replies: 2
Views: 896

this is why I value this Forum

viewtopic.php?f=1&t=238161&p=3729290#p3729290

See the post by Nords re military on disability retiring to Hawaii.

It's just full of direct and seemingly sensible advice, pointed right at the OP's concerns, and anchored in personal experience.
by Valuethinker
Fri Jan 19, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 145
Views: 12560

Re: Can We Retire in Hawaii? Please Critique

Good grief, folks, after reading the first dozen responses to this thread I wondered whether this is the Bogleheads forum or Mr. Money Mustache? Why so much negativity? Where’s the support on figuring out how to make it work? With a poster name like SurferLife, the question is not “if” or “when” th...
by Valuethinker
Fri Jan 19, 2018 5:54 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Indian Stock Market - Fund selection
Replies: 15
Views: 1247

Re: Investing in Indian Stock Market - Fund selection

https://www.barrons.com/articles/invest ... 1400777246

looks like there are a few closed end funds investing in India. IIF in particular.
by Valuethinker
Fri Jan 19, 2018 5:51 am
Forum: Investing - Help with Personal Investments
Topic: My bond portfolio has lost 3% before I’ve even started. Thoughts?
Replies: 1
Views: 811

Re: My bond portfolio has lost 3% before I’ve even started. Thoughts?

This is a simple yet complex issue. I am British but for various reasons held a lot of my money in other currencies. I had a large amount in USD. My intention was to convert this as/when I needed it. As is typical now is the time at which I need it. I have been coming up with an investment plan and...
by Valuethinker
Fri Jan 19, 2018 5:36 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 71
Views: 4754

Re: Exit strategy for bitcoin

Lauretta BTW if you are still holding Bitcoin there is a case for still holding on. I held Nortel (down from $125, bought at $25) all the way down to 1 cent. This was, at one point, the largest telecommunications equipment company in the world-- and capitalized at something like 1/4 of the whole Can...
by Valuethinker
Fri Jan 19, 2018 5:23 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 71
Views: 4754

Re: Exit strategy for bitcoin

I wonder if there will be collectable bitcoins? Since all transactions are remembered for all time, maybe the bitcoin you bought was used to pay someone for a murder or to help fund nuclear weapons in North Korea? Will those end up being worth more? Yes I heard that argument. But perhaps my bitoins...
by Valuethinker
Fri Jan 19, 2018 4:45 am
Forum: Investing - Help with Personal Investments
Topic: Futures on inflation-linked bonds
Replies: 4
Views: 366

Re: Futures on inflation-linked bonds

Hi 24/7bull, and welcome to the forum. I looked it up for you: TIPS futures . PJW I think it's obvious the question was asked because simple searches don't turn up much. "Does X exist and where?" is a fairly reasonable question to ask where you're not sure if something just doesn't exist or is obsc...
by Valuethinker
Fri Jan 19, 2018 4:42 am
Forum: Investing - Theory, News & General
Topic: International Bonds
Replies: 30
Views: 3146

Re: International Bonds

If currency is unhedged then what you have is a currency speculation fund. The bond returns will be very small compared to that volatility. I would be interested in you elaborating on why you chose to use the term "speculation" Currencies should, in the long run, yield no net return*. Just volatili...
by Valuethinker
Thu Jan 18, 2018 12:59 pm
Forum: Investing - Theory, News & General
Topic: Best Index to follow Global Bond Market
Replies: 7
Views: 631

Re: Best Index to follow Global Bond Market

The difference in amounts of emerging market government debt weighting in an index like Citi WBIG and in a fund like Vanguard's global bond is probably because the WBIG index tries to be all inclusive, while the fund follows an index for investment grade bonds only. The smaller amount of emerging m...
by Valuethinker
Thu Jan 18, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: 0% growth on stocks for the next decade?
Replies: 16
Views: 1919

Re: 0% growth on stocks for the next decade?

In an article on March 22, 2017, Bogle was quoted as saying that investors should expect a 4% annual nominal return on stocks over the next decade (2% dividend + 2% growth). https://www.cnbc.com/2017/03/22/jack-bogle-believes-the-stock-market-will-return-only-4-annually-over-the-next-decade.html I ...
by Valuethinker
Thu Jan 18, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 1642

Re: London/Paris Trip Questions

I'm personally not a fan of hop on/hop off busses but some travelers are and if you are in London only for a few days that might be an option you want to consider. For a short visit I'd focus on Central London and save day trips like Stonehenge for another trip. Euro Disney is easily accessible by ...
by Valuethinker
Thu Jan 18, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 145
Views: 12560

Re: Can We Retire in Hawaii? Please Critique

Looking for multiple sets of eyes to review our dream retirement plan and provide guidance on how to make it happen. We are a military family that is quickly approaching early retirement with great anticipation and trepidation. I will be retiring in 28 months, and our desire is to retire in Hawaii ...
by Valuethinker
Thu Jan 18, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Can We Retire in Hawaii? Please Critique
Replies: 145
Views: 12560

Re: Can We Retire in Hawaii? Please Critique

Sonny and Cher: Scrimp for 2-3 years to afford a vacation in Europe . Captain and Tennille: Scrimp for 2-3 years to afford a vacation to Asia and Europe . maybe i don't understand this because i've only lived here for a little under a year, but why would you save up for a vacation when you live in ...
by Valuethinker
Thu Jan 18, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 1642

Re: London/Paris Trip Questions

1. Is it cheaper to purchase plane tickets and book the hotel online (e.g. Travelocity, Expedia etc.)? Or should I look for a travel agent here in the US to help. +1 to other posters, just use Google Flights for Flights, and online booking sites for hotel. I've been to London quite a few times (goi...
by Valuethinker
Thu Jan 18, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: US stock market vs USD
Replies: 9
Views: 1274

Re: US stock market vs USD

The Dow has had an amazing year: Is this a coincidence or is there a relationship? Would it be valid to say that the gains in the US market somehow aren't "real" because they're only perceived from within the US? I suspect the answer is going to be "it's complicated" or "it depends", because when I...
by Valuethinker
Thu Jan 18, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: US stock market vs USD
Replies: 9
Views: 1274

Re: US stock market vs USD

Your base currency is the currency of future spending i.e. liabilities. (note a mortgage is a liability for future housing costs, in a way - or at least one could probably look at it that way since ownership is an alternative to renting). That's not easy to work out, sometimes, but the US has a surp...
by Valuethinker
Thu Jan 18, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: 0% growth on stocks for the next decade?
Replies: 16
Views: 1919

Re: 0% growth on stocks for the next decade?

In an article on March 22, 2017, Bogle was quoted as saying that investors should expect a 4% annual nominal return on stocks over the next decade (2% dividend + 2% growth). https://www.cnbc.com/2017/03/22/jack-bogle-believes-the-stock-market-will-return-only-4-annually-over-the-next-decade.html I ...
by Valuethinker
Thu Jan 18, 2018 6:16 am
Forum: Investing - Theory, News & General
Topic: Avoiding being priced out in Los Angeles by buying the stock market
Replies: 27
Views: 3756

Re: Returns correlated to Los Angeles real estate prices

Shiller & Weiss were trying to create property derivatives by US metropolitan housing market. I think they were launched but are not particularly liquid. But check Shiller & Weiss's web pages, and also google "property derivative US metropolitan housing" and see if you get anything (also House price...
by Valuethinker
Thu Jan 18, 2018 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing real estate in Philly
Replies: 13
Views: 1272

Re: Purchasing real estate in Philly

Hi everyone, first post here. I first became interested when I got a real job and realized I hadn't a clue about personal finance. Marketplace Weekend was a great source of information, but sadly it's no longer useful. As such, I'm glad I found this place. I'm interested in purchasing real estate i...
by Valuethinker
Thu Jan 18, 2018 5:31 am
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4718

Re: Nostalgic about old online brokerages that no longer exist

"Seized by the Crown" of course means by the Canadian government (whose head of state is Elizabeth of Saxe-Coborg-Gotha (Windsor) and whose representative is a governor general "appointed" (really selected on the advice of the Prime Minister) by the Queen). So it would be the Canadian government. ....
by Valuethinker
Wed Jan 17, 2018 4:51 pm
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 1642

Re: London/Paris Trip Questions

Hi there! I have a few questions that I hope you can help me with. I am planning a 10-day trip to London and Paris this June with my family (2 adults & a 6 year old). We will split the time equally between the two locations. I have never been to Europe and literally know nothing about it. I did som...
by Valuethinker
Wed Jan 17, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4718

Re: Nostalgic about old online brokerages that no longer exist

I don’t know what this is trying to get at but TD bank, a Canadian institution, owns a large share of TD Ameritrade. Iirc 40%. I know the "TD" in TD Bank's name stands for Toronto Dominion. Does anyone know if it means the same in Ameritrade and Waterhouse? I think Toronto Dominion is origin but it...
by Valuethinker
Wed Jan 17, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Floating Rate Income Funds
Replies: 6
Views: 406

Re: Floating Rate Income Funds

There are non-leveraged, regular ETFs covering the bank loans space, though these tend to necessarily focus on the relatively more liquid parts of that market (so a little higher quality perhaps). Still, underlying liquidity is poor. You could also just look at short-term junk bonds rather than ban...