Search found 34091 matches

by Valuethinker
Sat Apr 21, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Relationship between Housing prices and wages
Replies: 3
Views: 456

Re: Relationship between Housing prices and wages

With rapidly increasing housing prices, I am wondering if wages are increasing on an average across the country. Certainly DH salary is barely keeping up with inflation. Curious if our salary hikes are in the lower end of the current trend. There does not seem to be a lot of correlation between hou...
by Valuethinker
Sat Apr 21, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing (uk)
Replies: 4
Views: 256

Re: New to investing (uk)

Thanks for that a lot. I think you have changed me from 80/20 to 60/40 knowing this or even 70/30. I do like vanguard funds. I have always done index funds and had bad and good years but over all been pretty much upwards for the last 20yrs. I have a iii sipp with low costs. Will look at again in dr...
by Valuethinker
Sat Apr 21, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing (uk)
Replies: 4
Views: 256

Re: New to investing (uk)

Having consolidated all my pensions since 18-49 I have amassed a amount of £280,000 which I need to re-invest. Any advice on if i am doing the corect thing I am thinking about £200k in vanguard lifestrategy 80 because this is going to be not just for 5yrs but probably until I die and drawing down a...
by Valuethinker
Sat Apr 21, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 64
Views: 3077

Re: I’m still not a fan of international bond funds

I've been thinking of dumping mine. I am 75/25 with 25% of the 25% being international bonds. It is really only 6% of my portfolio presently, so not really providing much diversification. It's not producing much drag either, but probably not worth bothering with. The actual 12 mo yields aren't that...
by Valuethinker
Sat Apr 21, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Buying T-bills ..help needed
Replies: 13
Views: 1346

Re: Buying T-bills ..help needed

Hello Friends, First of all thanks again for being so helpful ! I was trying to buy T-bills. I looked for the information online. It appears there are 2 ways to buy it - treasurey direct or secondary market (brokerage account). I couldn't fully grasp the process via TD (bidding, etc.), so thought o...
by Valuethinker
Sat Apr 21, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 77
Views: 7679

Re: Pension Freeze - What did you do?

.... For many years, and even just a month ago, the CEO stood up and reported in person to the employees that we are excellent workers, our customers love us, and we have a bright future. Apparently they were always lying. Not really a surprise, but what was the point of the deception? And I am sur...
by Valuethinker
Sat Apr 21, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 64
Views: 3077

Re: I’m still not a fan of international bond funds

Valuethinker, I've explained how I invest my money and why I do it that way. I won't put 97% of my money into foreign investments and into derivatives. Anyone else is free to do otherwise. It's their money, after all. You mean 48.5% (50% - 0.5 x 3% Canadian weighting in world market)? The 50% in bo...
by Valuethinker
Sat Apr 21, 2018 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Strategy for Use of Restricted Stock Units
Replies: 12
Views: 510

Re: Strategy for Use of Restricted Stock Units

I received restricted stock units as part of my annual bonus for the first time and I’m unsure what to do with them. They vest over a 3 year period and I expect to continue to receive additional RSUs every year assuming continued performance of my company. I don’t have a specific need for the money...
by Valuethinker
Sat Apr 21, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 64
Views: 3077

Re: I’m still not a fan of international bond funds

I don't invest into foreign bonds ; not into currency-hedged ones because of their use of derivatives, nor into currency-unhedged ones because of their exposure to wild currency fluctuations overwhelming their returns in domestic currency. The only reason to do so is to diversify credit risk. I pon...
by Valuethinker
Sat Apr 21, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Bonds beat stocks ?
Replies: 10
Views: 762

Re: Bonds beat stocks ?

I read in a 2012 post that bonds have beat us stocks over the last decade. Can someone explain how that is possible. When Bonds earn 9% in the best years for bonds and the S&P 500 earns over 20% in a good year. You have seen the best nearly 40 years for bonds in history. And the last 10 years have ...
by Valuethinker
Sat Apr 21, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 37
Views: 1876

Re: EXPAT: Strategy when invested in USA and spending in EUROS

Not sure I understand, you are in Europe, but you use a US broker ? Regardless, I'm sure there are plenty of euro bonds ETF's out there. Yes, I'm in Europe most of the time, but I'm a US person and I cannot buy funds on an European broker Tell me just one euro bond ETF (in euros) that I can get in ...
by Valuethinker
Sat Apr 21, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 77
Views: 7679

Re: Pension Freeze - What did you do?

So here is how it has turned out! :shock: Lots of the severely affected people (my peer group) muttered under their breaths for a few months. Grouping, talking, mostly complaining, then analyzing, then wondering what to do. The company made what I would call a misstep, trying to explain the "change...
by Valuethinker
Sat Apr 21, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 77
Views: 7679

Re: Pension Freeze - What did you do?

The reasons for the freeze appear to be much more along the lines you state - reducing corporate uncertainty - than any real and detectable crisis. That's where the anger comes from. It appears to be largely punitive against good people, rather than fiscally necessary. A decision based on scary and...
by Valuethinker
Sat Apr 21, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Should I continue to hold REITs?
Replies: 46
Views: 3078

Re: Should I continue to hold REITs?

I think its really misleading that REITS here are referenced en masse when what is being talked about is a US REIT fund. There are plenty of great REITS out in the rest of the world. Maybe if someone wants REITS but isn't fancying US REITS they could look at expanding their ''international'' alloca...
by Valuethinker
Fri Apr 20, 2018 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: (U.K) Advice sought on Long Term Gilt index
Replies: 11
Views: 732

Re: (U.K) Advice sought on Long Term Gilt index

Hmmm 🤔 there is alot to this choice of bonds thing isnt there Valuethinker 🙂. The description of circumstances of long term bonds and equities heading down together have gave pause for thought. Although really do find hard to accept such low returns on the ST Gilts. The good news is that, with 10% ...
by Valuethinker
Fri Apr 20, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Eurobonds
Replies: 6
Views: 438

Re: Investing in Eurobonds

Turkey has a credit rating is BB (junk bond). The usual wisdom (Ben Graham and others) is that an individual investor should only invest in the prime bond market (high credit rating). You can see it this way: you are only going to make a marginal gain by investing into lower quality bonds compared ...
by Valuethinker
Fri Apr 20, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Eurobonds
Replies: 6
Views: 438

Re: Investing in Eurobonds

Some of my money is in Ally savings which has the highest interest rate for savings 1.75% and there is no penalty in early withdrawals So the risk is zero there but I was willing to increase the risk just a bit not much and invest in something else and earn more maybe 2-3% at most I found Eurobonds...
by Valuethinker
Fri Apr 20, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 98
Views: 10922

Re: We crush stock indexes, Yale claims

One of the BH is paying close to 80K per year for his child to attend Yale. I don't think Yale is going to go bankrupt if their endowment did not do well for a year or not! I am sure they cover their expenses from their students. No. Yale Endowment provides about 1/3rd of the university's operating...
by Valuethinker
Fri Apr 20, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Credit Rating of Ally Bank?
Replies: 6
Views: 861

Re: Credit Rating of Ally Bank?

VT, The rating you stated is for Ally Financial, Inc., the holding company of the Ally bank which is a FDIC insured commercial bank supervised by the Federal Reserve. The bank itself is rated 4-star (out of 5) by a reputable bank rating source of Bauer Financial. A 4-Star rating is an “Excellent” r...
by Valuethinker
Fri Apr 20, 2018 3:39 am
Forum: Investing - Help with Personal Investments
Topic: (U.K) Advice sought on Long Term Gilt index
Replies: 11
Views: 732

Re: (U.K) Advice sought on Long Term Gilt index

https://www.bloomberg.com/markets/rates-bonds/government-bonds/uk Yield on 10 year gilt 1.49% Yield on 30 year gilt 1.89% Unless you believe the UK is going into a deflationary slump, then you are being paid very little for the additional risk of holding the 30 year bond (0.4% - 40 basis points). I ...
by Valuethinker
Fri Apr 20, 2018 3:27 am
Forum: Personal Finance (Not Investing)
Topic: How risky to have savings more than $250k FDIC limit?
Replies: 42
Views: 7534

Re: How risky to have savings more than $250k FDIC limit?

Is there any reason to be seriously concerned about being beyond the insured limit while I hold the money there? Yes. Two of my banks have gone out of business during the last four years. I strongly recommend not to take this risk, not even for a day. A bump from old times What are people’s thought...
by Valuethinker
Fri Apr 20, 2018 3:23 am
Forum: Investing - Theory, News & General
Topic: Credit Rating of Ally Bank?
Replies: 6
Views: 861

Credit Rating of Ally Bank?

Dear All Ally Bank is frequently mentioned here as a place where BHers keep their savings. It appears to be the former GMAC vehicle finance business. I went and looked up the Credit Rating. It appears that S&P and Fitch rate it BB+. That is significantly speculative. Below investment grade Questions...
by Valuethinker
Fri Apr 20, 2018 3:19 am
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 39
Views: 2993

Re: Lack of FDIC Insurance a big deal?

Hey guys, I'm strongly considering closing my Ally account and moving my cash to a Vanguard Prime money market. This would be used as my EF, vacation fund, house DP, ect. This seems ideal because it has a higher yield and it would be one less account to deal with. The only thing that keeps botherin...
by Valuethinker
Fri Apr 20, 2018 3:13 am
Forum: Investing - Theory, News & General
Topic: The World in 2050 — An Emergent Middle Class
Replies: 35
Views: 3785

Re: The World in 2050 — An Emergent Middle Class

One downside is that an emerging global middle class will demand middle class energy consumption. What is good for the global economy is generally bad for the environment and energy use. If all we can say is, "Do as we say, not as we do," that's not going to cut it. Think of it as an effluent probl...
by Valuethinker
Thu Apr 19, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Eurobonds
Replies: 6
Views: 438

Re: Investing in Eurobonds

Some of my money is in Ally savings which has the highest interest rate for savings 1.75% and there is no penalty in early withdrawals So the risk is zero there but I was willing to increase the risk just a bit not much and invest in something else and earn more maybe 2-3% at most I found Eurobonds...
by Valuethinker
Thu Apr 19, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 124
Views: 11760

Re: Why International again?

The debate centers around whether international is necessary rather than whether it is a poor investment. It provides further diversification, but it does require additional analysis in order to incorporate another fund in one's portfolio. Occam's Razor supports adopting the simplest explanation th...
by Valuethinker
Thu Apr 19, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: The World in 2050 — An Emergent Middle Class
Replies: 35
Views: 3785

Re: The World in 2050 — An Emergent Middle Class

I don't know what you are talking about. I have not taken a vacation to any of these places or anything remote in last several years and my HH income is way over the median U.S income and so is my net worth. I feel poor reading the responses to threads like - can I retire with $4 million in assets ...
by Valuethinker
Thu Apr 19, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: (U.K) Advice sought on Long Term Gilt index
Replies: 11
Views: 732

Re: (U.K) Advice sought on Long Term Gilt index

Thank you Valuethinker real helpful again which is very much appreciated. As with Vanguard the fund I am looking at is www.vanguardinvestor.co.uk/investments/vanguard-uk-long-duration-gilt-index-fund-gbp-gross-accumulation-shares/overview?intcmpgn=fixedincomeuk_uklongdurationgiltindexfund_fund_link...
by Valuethinker
Thu Apr 19, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 37
Views: 1876

Re: EXPAT: Strategy when invested in USA and spending in EUROS

Yes.. Now we just have to find real world examples. i'd be interesting in knowing if the volatility theory holds up. And how it's correlated with the long term trend (e.g. maximum drops). I guess it wouldn't be too difficult to get a rough graph on a spreadsheet In the meantime, I guess I can do: 1...
by Valuethinker
Wed Apr 18, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: Unimpressive category averages of managed futures, multialternative, market neutral, etc.
Replies: 82
Views: 5014

Re: Unimpressive category averages of managed futures, multialternative, market neutral, etc.

Lack_ey, I agree that the shape of the BTOP50 index looks more like some kind of continuous, smooth slowdown, not a corner at 2007. I'm not quite sure what the BTOP50 Index is; these don't seem to be mutual funds: AlphaGen Capital Limited (Long Short Agriculture Fund AlphaSimplex Group, LLC (Manage...
by Valuethinker
Wed Apr 18, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Want to Include Emerging Markets in the Portfolio
Replies: 5
Views: 602

Re: Want to Include Emerging Markets in the Portfolio

This is our first time to finally get out of credit card debt and fully contribute to our retirement. 1. I am wanting to add Emerging Markets (VEMAX) to the portfolio. Is there too much overlap if I use VTIAX and VEMAX and split 50/50 for international? That looks like a very significant overweight...
by Valuethinker
Wed Apr 18, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 37
Views: 1876

Re: EXPAT: Strategy when invested in USA and spending in EUROS

Euro (government) bonds have currently a very low return, and do carry risk related to some countries. De to this, Euro investors are often advised on guys forum to invest in global bonds hedged to the Euro (addicts affect through diversification) or in government insured savings accounts (this add...
by Valuethinker
Wed Apr 18, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 37
Views: 1876

Re: EXPAT: Strategy when invested in USA and spending in EUROS

Thanks FATCA! If you look at some euro ETFs (like FXE), I see std is 8-10%. Thus, it would seem stupid trying to use invest in something with more volatility than that ( like BND) I still want to use bonds to balance my portfolio. What is the best strategy? My thoughts: - Hedge my whole portfolio (...
by Valuethinker
Wed Apr 18, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 37
Views: 1876

Re: EXPAT: Strategy when invested in USA and spending in EUROS

Struggling with this as well. Have 75% of assets in the US. 80/20 stock/bond. Earning in host country currency. The 25% of assets in host country are tied up in CDs (at 5.5%) and a monthly payment on a property that will most likely be delivered in 2020 at 0%. I have been thinking recently to put 1...
by Valuethinker
Wed Apr 18, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Investment question...
Replies: 10
Views: 538

Re: Investment question...

I just received a pension buyout offer consisting of the following options. 1. 200k lump sum. Which I'd roll into my Total Stock Market (VTSAX) IRA fund (current value ~1.1mm) 2. $1350 single life (non-COLA'ed) annuity that begins on 65th birthday. (I'm currently 58) I'm interested in hearing the g...
by Valuethinker
Wed Apr 18, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Window blinds to cut costs?
Replies: 8
Views: 1325

Re: Window blinds to cut costs?

Moved into our house last summer in DC/MD area so temps are usually 85-100* with humidity. Over the summer our electric bill (all electric for cooking and hot water ) was $150-170 so really I think that's pretty good. House is 1200 sq ft that faces south and has a ton of double pane windows facing ...
by Valuethinker
Wed Apr 18, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2353

Re: Corporate Leveling

I’ve worked for several places where corporate leveling has happened. Never heard of anyone being offered a pay cut, though. Usually, pay grades have really wide salary bands, so they slot you where you fit and leave your salary the same. If you get slotted into a grade where your salary is near th...
by Valuethinker
Wed Apr 18, 2018 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Advice Sought for UK Investor
Replies: 11
Views: 873

Re: Portfolio Review and Advice Sought for UK Investor

. Project your current pension balance forwards to retirement at 4% real growth (say) and compare with £1MM, and you might be surprised, and that is even before you factor in any future contributions. No easy answer, unfortunately. This is a good way to do it. Strictly speaking I think we should st...
by Valuethinker
Wed Apr 18, 2018 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Advice Sought for UK Investor
Replies: 11
Views: 873

Re: Portfolio Review and Advice Sought for UK Investor

Valuethinker: thank you very much indeed for your careful analysis. I've written some follow-up information below. Any further insight would be very much appreciated. Indexed Linked Gilt yields right now are truly awful (-1.5% real) [...] How long to run? It's an NSI Indexed Linked Gilt ("Granny Bo...
by Valuethinker
Wed Apr 18, 2018 6:42 am
Forum: Investing - Theory, News & General
Topic: Tencent now largest non-US stock
Replies: 16
Views: 2040

Re: Tencent now largest non-US stock

I'm not sure how much we can trust anything reported about a Chinese company. They have the ability to fudge their numbers . And "we" can't--or don't?! The Ten Worst Corporate Accounting Scandals of All Time This is an argument about relative quality of financial reporting. I think we need to be cl...
by Valuethinker
Wed Apr 18, 2018 4:55 am
Forum: Investing - Theory, News & General
Topic: Any value investor buying a Russia fund?
Replies: 78
Views: 4446

Re: Any value investor buying a Russia fund?

If the rouble is down but Russia sells oil in dollars isn't that better for them? Just thinking out loud here. Yes but no but yes. If we just assume that the exchange rate is constant, Russia is better off-- its Terms of Trade (ratio of export prices to import prices) have improved. In the same way...
by Valuethinker
Wed Apr 18, 2018 4:45 am
Forum: Investing - Theory, News & General
Topic: 30 yr tips auction 2/15: 1.0% yield?
Replies: 167
Views: 14733

Re: 30 yr tips auction 2/15: 1.0% yield?

i think it's a tail risk issue, as the entire edifice of Wall St is built on pushing products that hide tail risk, as opposed to bearing it themselves. Inflation adjusted annuities simply don't meet their needs, as opposed that of their customers. Agree. They are always pushing people to look at sh...
by Valuethinker
Wed Apr 18, 2018 4:41 am
Forum: Investing - Help with Personal Investments
Topic: (U.K) Advice sought on Long Term Gilt index
Replies: 11
Views: 732

Re: (U.K) Advice sought on Long Term Gilt index

First, why gilts? Is your primary currency the UK pound? If so, o.k. If not I would be worried about currency risk. Second, expected increases in bond yields are already priced in. We can dig into this if you want. UK gilts are an odd one. The long gilt is down around 1.4% yield (30 year). There's ...
by Valuethinker
Wed Apr 18, 2018 4:16 am
Forum: Investing - Help with Personal Investments
Topic: (U.K) Advice sought on Long Term Gilt index
Replies: 11
Views: 732

Re: (U.K) Advice sought on Long Term Gilt index

Hi Bogleheads After some initial posting and questions on designing portfolio I settled on more of a slice and dice global portfolio. Because investing for long term 30 odd years. Decided to go 90 percent equities. I have read in few posts and Tim Hales book that for someone with such a high equiti...
by Valuethinker
Wed Apr 18, 2018 4:01 am
Forum: Personal Consumer Issues
Topic: New HVAC system
Replies: 15
Views: 1841

Re: New HVAC system

Since your system is so old, you are likely to get a significantly more efficient system even going with the base-efficiency models that are standard these days. You don't use the system that much so maybe that doesn't matter. Do you have a heat-pump system or a normal system? A heat-pump would mak...
by Valuethinker
Mon Apr 16, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Structured Settlement versus cash
Replies: 10
Views: 921

Re: Structured Settlement versus cash

I lost my son in 2016 in an accident. It was a tragic loss to say the least and we have been battling in a wrongful death lawsuit I filed since his passing. We are preparing for mediation this week and my attorney gave me some information regarding taking a structured settlement which is tax free v...
by Valuethinker
Mon Apr 16, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for belgian (Europe) investor
Replies: 74
Views: 6181

Re: Portfolio for belgian (Europe) investor

Sound advice. Thank you for your reply Valuethinker, very informative. Do you have a slice and dice portfolio? Only in the sense that I have several different pensions, ISAs, etc. and therefore what is available to me varies depending on which pot it is in. So I sort of roughly get an asset allocat...
by Valuethinker
Mon Apr 16, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for belgian (Europe) investor
Replies: 74
Views: 6181

Re: Portfolio for belgian (Europe) investor

re Bonds. I prefer global government bonds (Euro hedged) Another follow-up question: as far as I can see there aren't too many options for this, could you tell us which fund you're using? Where I live I've seen an iShares (GILE) fund but it's only available on a small marketplace that isn't practic...
by Valuethinker
Mon Apr 16, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 98
Views: 10922

Re: We crush stock indexes, Yale claims

5 problems with this claim: Scalability . Yale has a $27B endowment. It’s large, but not massive. It’s growth is limited because it doesn’t take outside investors, and the only infusions of capital are Yale’s budget surplus and reinvested endowment earnings. As a investment vehicle grows, it return...