Search found 34801 matches

by Valuethinker
Tue Aug 14, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 168
Views: 8029

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

I never invested in international, but not because it is not doing well it is because years ago I read Common Sense on Mutual Funds and John Bogle's chapter on that subject resonated with me so much that I felt it wasn't necessary. Having said that, just when you stop investing in it, it will do be...
by Valuethinker
Tue Aug 14, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 7
Views: 986

Re: Why bonds when they return nothing over inflation?

I'm from Australia, and high interest cash accounts return the same as bonds there, so bonds makes no sense to me in this situation. Also it is at the end of a multi-decade bull run in bonds as interest rates went from 17% in the late 80's steadily down to a point where it can't go much/any lower. ...
by Valuethinker
Tue Aug 14, 2018 4:27 am
Forum: Investing - Theory, News & General
Topic: Chinese ETF or Gold or something else?
Replies: 6
Views: 419

Re: Chinese ETF or Gold or something else?

Hello fellow bogleheads, My parents are expecting to receive a large lump sum of money in China in the next few months. Our plan is to convert most of these money to USD and purchase stocks and rental properties in the United States in the future. Because of the annual limit on how much USD we can ...
by Valuethinker
Tue Aug 14, 2018 3:37 am
Forum: Investing - Theory, News & General
Topic: Valuation US vs EM vs EU
Replies: 3
Views: 464

Re: Valuation US vs EM vs EU

Fellow Bogleheads, I found this article comparing valuation by adjusting for differences in sector composition between the US, EM and EU. Conclusion is that the US due to the higher exposure to tech and healthcare, which historically have higher valuation, seems expensive compare to other markets. ...
by Valuethinker
Tue Aug 14, 2018 3:15 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 168
Views: 8029

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

With a keen knowledge of the concept of "Stay the Course" and "Don't Buy High and Sell Low" and most importantly "Don't Try to Time the Market" I cannot simply put my head in the sand and pretend that the last ten years or more have been anything other then a disappointment for those of us with Int...
by Valuethinker
Mon Aug 13, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: UK asset allocation: Help & Suggestion
Replies: 6
Views: 342

Re: UK asset allocation: Help & Suggestion

Thank you noted your comments. The vanguard global bond is GBP hedged. Then I would be 70/ 30 equities/ bonds and roll with it. Making rebalancing even simpler. The impact of currency hedging is to lower the yield to the risk free rate in the hedged currency + a credit spread. So in the case of the...
by Valuethinker
Mon Aug 13, 2018 3:41 pm
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Just a quick look at both the EM total stock, and the EM total bond - Turkey - VWO - stock - 0.9% - https://investor.vanguard.com/etf/profile/portfolio/vwo VWOB - bond - 4.3% - https://investor.vanguard.com/etf/profile/portfolio/VWOB Underlining my issue with EM bonds. The weightings are driven by ...
by Valuethinker
Mon Aug 13, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Brazil
Replies: 3
Views: 297

Re: Investing in Brazil

No clue if this topic really fits here, but... My girlfriend is a Brazilian national and owns an apartment there and would therefore like to invest the savings she has in Brazil in Brazil. Because I know nothing about investing in Brazil, I have looked into Brazilian robo-advisors, of which there s...
by Valuethinker
Mon Aug 13, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help needed understanding Global small cap risk
Replies: 6
Views: 303

Re: Help needed understanding Global small cap risk

You could mitigate this risk by splitting small caps to US and ex-US. Try this VIOO - Vanguard S&P 600 VSS - Vanguard ex-US small caps Unfortunately I'm based in u.k and vanguard u.k doesn't provide these 2 choices You just have to wear the risk. It's as bad, generally, for US stocks in the Total M...
by Valuethinker
Mon Aug 13, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Inflation adjusted annuity
Replies: 24
Views: 1303

Re: Inflation adjusted annuity

Regardless of BobK's recommendation, I would avoid true inflation adjusted annuities. An insurance company takes a LOT of risk with a product like that and the price to the annuitant will be unreasonably high. Depends on price they charge. Don't they just hold a portfolio of TIPS? US TIPS these day...
by Valuethinker
Mon Aug 13, 2018 11:11 am
Forum: Investing - Theory, News & General
Topic: Preferred stock as bond substitute: is there a thread?
Replies: 6
Views: 489

Re: Preferred stock as bond substitute: is there a thread?

In fact, I cannot think of any reason why a non financial company would issue preference shares - given that it can issue investment grade or high yield (junk) bonds instead. Except perhaps some quite speculative companies (like biotech) that just cannot afford to have more debt on their balance sh...
by Valuethinker
Mon Aug 13, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for owner of commercial real estate company
Replies: 3
Views: 329

Re: Asset allocation for owner of commercial real estate company

Hello, I wanted to run this portfolio by you. I own an ecommerce business and a commercial real estate company. I won’t be counting the value of the ecommerce business because I don’t plan on selling and the multiple is anyone’s guess. The value of the real estate, however, is easily estimated so I...
by Valuethinker
Mon Aug 13, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Currency hedging retirement savings in IRA
Replies: 3
Views: 325

Re: Currency hedging retirement savings in IRA

Next year, when I'm 59 1/2, I'm able to make an in-service distribution from my megacorp's 401k and will likely move about $500k to a Schwab roll-over IRA. When I retire a few years later (probably 2022) I'll move to the UK from Texas and live on that money until some UK pensions and Social Securit...
by Valuethinker
Mon Aug 13, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: Preferred stock as bond substitute: is there a thread?
Replies: 6
Views: 489

Re: Preferred stock as bond substitute: is there a thread?

Hello all - Looking for perspective on having at least some part of bond allocation consist of preferred stock fund ( like PGX). Is there a thread where this was discussed (did not see one, but my search could have been faulty)? Would welcome some perspective! Thanks for any guidance. For any given...
by Valuethinker
Mon Aug 13, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Turkey's stock market had a P/E of 7 (and a forward P/E of 6) on 31 July. TUR (iShares Turkey ETF) is down 35% since then. It may be a candidate for some play money. But have an entry/exit strategy, because this may be going to 0. I don't think so, but I wouldn't be absolutely shocked to see Turkey...
by Valuethinker
Mon Aug 13, 2018 3:19 am
Forum: Investing - Help with Personal Investments
Topic: UK asset allocation: Help & Suggestion
Replies: 6
Views: 342

Re: UK asset allocation: Help & Suggestion

Hello all I’m a UK investor. After few years educating my self and reading investment books, I’m ready to change my investment approach. What do you think of this allocation of tracker funds: 25% vanguard global bond 65% vanguard FTSE global all cap 5% vanguard global small cap 5% Ishares global pr...
by Valuethinker
Mon Aug 13, 2018 3:08 am
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 103
Views: 7058

Re: Can I buy a Tesla?

Just wanted to update here since I got so many useful replies. I bought the fully loaded model 3 :sharebeer Good for you. Cars are an odd mix of (1) practical necessity and (2) aesthetic consumption item - so which of the two are we after here? If (1) it's a hard "No, get (e.g.) a 5-year old Camry....
by Valuethinker
Sun Aug 12, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Which is better? [Vanguard Total Stock Market (VTI) or Total World (VT)?]
Replies: 29
Views: 2308

Re: Which is better?

Is someone really a BH if they don’t know these two symbols by now? Should be a pre-requisite. I use VTI. Doesn’t mean anything in regards to what the OP may consider better though. Would this be in your RRSP or your TFSA? Or your ISA or your SIPP? Is it approved by the FCA? Is it UCITS VI complian...
by Valuethinker
Sun Aug 12, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: reliable online public forum
Replies: 24
Views: 1981

Re: reliable online public forum

Liberty1100 wrote:
Sun Aug 12, 2018 7:53 am
Reddit.com and it’s variety of subReddits will cover all of those topics.
Whoosh

Don't you find the crazies there? I have dabbled a little and found the viewpoints to be ... Extreme?
by Valuethinker
Sat Aug 11, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

And increasingly, if the U.S. takes a dive, so does international. Seemingly all of the downside without the upside. It doesn't take much looking to find periods of significant cross sectional outperformance for foreign stocks. There are a lot of moving parts in the global economy and I would be su...
by Valuethinker
Sat Aug 11, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Financial structuring advice for US citizen in Australia
Replies: 5
Views: 511

Re: Financial structuring advice for US citizen in Australia

All, I am looking for advice on how to structure my investments in Australia in relation to US taxes. I am a US/Aus citizen who has not lived in the US for decades (adult life). There are a few local people who can prepare US taxes, but I have yet to find anyone that can advise on investments/ fami...
by Valuethinker
Sat Aug 11, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Canadian Citizen and Resident
Replies: 7
Views: 511

Re: Canadian Citizen and Resident

ETF’s are hard to dollar cost average via monthly contributions cause of commissions. Perhaps the most inexpensive way is to buy the Canadian brokerages index fund equivalent even though their MER is higher than the States? It depends. The Canadian index fund equivalents can be a *lot* higher. Thus...
by Valuethinker
Sat Aug 11, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Canadian Citizen and Resident
Replies: 7
Views: 511

Re: Canadian Citizen and Resident

ETF’s are hard to dollar cost average via monthly contributions cause of commissions. Perhaps the most inexpensive way is to buy the Canadian brokerages index fund equivalent even though their MER is higher than the States? It depends. The Canadian index fund equivalents can be a *lot* higher. Thus...
by Valuethinker
Sat Aug 11, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Turkey is such a small portion of the Total International Stock Index Fund, yet the fund lost nearly 2% today. I'm ready to seriously rethink the international stock portion (33%) of my equity allocation. And this isn't about market timing. It seems to be an recurring pattern. Something bad happens...
by Valuethinker
Sat Aug 11, 2018 2:08 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Why is such a small country/market having such a disproportionate effect on the US stock market today? I’m not doing anything with my investments but it baffles me why events like this are so (temporarily) toxic at home. In this case, the big political event was a tweet by the US President announci...
by Valuethinker
Sat Aug 11, 2018 2:05 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Turkey is such a small portion of the Total International Stock Index Fund, yet the fund lost nearly 2% today. I'm ready to seriously rethink the international stock portion (33%) of my equity allocation. And this isn't about market timing. It seems to be an recurring pattern. Something bad happens...
by Valuethinker
Fri Aug 10, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Why is such a small country/market having such a disproportionate effect on the US stock market today? I’m not doing anything with my investments but it baffles me why events like this are so (temporarily) toxic at home. Sometimes big political events create emotional responses in the stock market....
by Valuethinker
Fri Aug 10, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Turkey Stocks and Lira taking another dive today; I am planning to buy. EDIT: Tuns out I can buy the ETF Commission Free; I wasn't placing a large order, but I won't "place all my chips on the table" either. Not like I can time the bottom.... I'm not *totally* alone, it looks like. https://www.bnnb...
by Valuethinker
Fri Aug 10, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 305
Views: 19247

Re: Invest in Tesla?

Shouldn't a CEO be more focused on building a viable long-term business than going after short sellers? Short sellers distract the business from its long-term mission with attacks that try to push the stock price down. This could be misinformation or fake news to confuse potential buyers or sabotag...
by Valuethinker
Fri Aug 10, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9571

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Turkish stock market is down almost 20% to open the day today, OP......... The interactions between factors are painful: - high current account deficit - country's investment rate exceeds its saving rate (so its net obligations to the world grow) - government, companies, individuals have borrowed i...
by Valuethinker
Fri Aug 10, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: The stock market is shrinking.
Replies: 68
Views: 7102

Re: The stock market is shrinking.

Is QQQ the right answer? I don't know, but I don't see a S&P 100, or S&P 200 index fund. If there were such an animal I would be very interested in it. I can tell you that my QQQ shares have beaten the stuffing out of SPY or VOO over the past 5 years . Which would have been true all the way to May ...
by Valuethinker
Fri Aug 10, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Air Conditioning? [How to finance?]
Replies: 76
Views: 4841

Re: Air Conditioning? [How to finance?]

I lived in a NY home for 35 years with no central A/C...thought to be too much of a luxury. A couple of well placed right-sized window units did the job. To me, if it's only a summer issue, central air is a bit much. It'll require regular maintenance and they don't last forever. I grew up not too f...
by Valuethinker
Fri Aug 10, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: 1024.99 for a book. Why?
Replies: 21
Views: 3230

Re: 1024.99 for a book. Why?

I have a question which has puzzled me for years. Like a lot of people, I buy books used online. Saves money and often I cannot tell the difference between a new book and a used book. What I don't get is I click used books in Amazon and I get a list of used books. Some say good, others say like new...
by Valuethinker
Fri Aug 10, 2018 7:21 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 305
Views: 19247

Re: Invest in Tesla?

If one is using options, and one is bearish on Tesla, isn't the right thing to do to buy Puts? Preferrably Out of The Money Puts? Surely that’s the case if one is convinced that Tesla is going to $0 shortly. Market Timer says he is writing in of the money calls. I am not sure why? In principle that...
by Valuethinker
Fri Aug 10, 2018 5:26 am
Forum: Investing - Theory, News & General
Topic: NYT: The Big, Dangerous Bubble in Corporate Debt
Replies: 18
Views: 3407

Re: NYT: The Big, Dangerous Bubble in Corporate Debt

I'm going to disagree with this part specifically In the years leading up to the 2008 financial crisis, a sustained period of low interest rates led to a widespread deterioration of credit standards for mortgages, among other securities. The same thing is happening now for other kinds of loans and ...
by Valuethinker
Fri Aug 10, 2018 5:23 am
Forum: Personal Consumer Issues
Topic: Looking for a CPA in LA
Replies: 4
Views: 323

Re: Looking for a CPA in LA

I'm looking for a CPA in the Los Angeles area to help with tax planning. I feel pretty comfortable doing most things myself and with the help of the forum, but feel a CPA could be helpful at times. I've spoken with a couple of CPAs in the area, but would really like to find someone more aligned wit...
by Valuethinker
Fri Aug 10, 2018 5:00 am
Forum: Personal Finance (Not Investing)
Topic: Canadian Citizen and Resident
Replies: 7
Views: 511

Re: Canadian Citizen and Resident

Relative is a Canadian Citizen and Canadian Resident and would like to open a non retirement brokerage account in Canada to start investing in a broad based index fund. Fidelity said they only service retirement accounts Canadian Residents Vanguard? TD? What's the next best place to look? Then, he'...
by Valuethinker
Fri Aug 10, 2018 4:50 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 305
Views: 19247

Re: Invest in Tesla?

I agree that car companies are greedy, but that doesn't mean EVs aren't viable. Most car companies have to decades of time and billions of dollars invested in ICEs, and being greedy, they would rather drag their feet on EVs and minimize the risks to those investments than aggressively push a produc...
by Valuethinker
Fri Aug 10, 2018 4:35 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 305
Views: 19247

Re: Invest in Tesla?

Musk's tweet was a clear sign of desperation. There has NEVER been a better time to short the stock. Agreed. I shorted yesterday by selling in-the-money call options. Musk seems more like a social media manager than a CEO. Am I right in thinking that as Tesla's price falls, you have capped upside? ...
by Valuethinker
Thu Aug 09, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7316

Re: Would buy and hold work if Japan's lost decade happens?

Be careful of stereotypes. We look a little closer and these are not all true by any means. While looking at Japan's history is sad, consider the factors that have caused it: - lack of culture of innovation, Yet Japanese companies are highly innovative. It's just they do it differently. What the Jap...
by Valuethinker
Thu Aug 09, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Have Private Reits worked for you?
Replies: 17
Views: 965

Re: Have Private Reits worked for you?

I drove by a local shopping mall the other day and the one end was full of tenants and the other end of the mall was mostly empty. Here we are in a big economic recovery and I still see vacant commercial property. This illustrates the risk you take with REIT investments, which are greater with non-...
by Valuethinker
Thu Aug 09, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Canadian Citizen and Resident
Replies: 7
Views: 511

Re: Canadian Citizen and Resident

Relative is a Canadian Citizen and Canadian Resident and would like to open a non retirement brokerage account in Canada to start investing in a broad based index fund. Fidelity said they only service retirement accounts Canadian Residents Vanguard? TD? What's the next best place to look? Then, he'...
by Valuethinker
Thu Aug 09, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Have Private Reits worked for you?
Replies: 17
Views: 965

Re: Have Private Reits worked for you?

I would treat private reits as guilty until proven innocent. The commissions for selling them and the kind of people on the reits side who would pay those commissions would leave me leery of investing in one. Lots of conflicts of interests and a lack of transparency. They're also illiquid, there ar...
by Valuethinker
Thu Aug 09, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Have Private Reits worked for you?
Replies: 17
Views: 965

Re: Have Private Reits worked for you?

10 years ago I pulled out of 2 private Reits (for several reasons). But I am just wondering (for those of you with experience with Private Reits) how you feel about that purchase and or sale now? Just curious, Cody Performance is unlikely to be better than a quoted REIT fund. Illiquidity is a total...
by Valuethinker
Thu Aug 09, 2018 4:08 am
Forum: Personal Finance (Not Investing)
Topic: Moving to LA - Tips Wanted
Replies: 26
Views: 1987

Re: Moving to LA - Tips Wanted

Consider living in Moorpark or Simi Valley and taking the Metrolink Train to work. I've been riding Metrolink for 10 years; I love it. www.metrolinktrains.com for details. Expect about 1h 15min on the train from Moorpark to LA Union Station. Catch the subway or bus to your office. When making the d...
by Valuethinker
Wed Aug 08, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Better investments than the stock market?
Replies: 13
Views: 2083

Re: Better investments than the stock market?

Hi there! Is there a better way to put your money besides investing in index funds? What alternative investment method would yield a higher return over the long term with underlying value? A successful business. One possibility is that you build a real estate rental business, part time. But it's no...
by Valuethinker
Wed Aug 08, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: Question about share dilution
Replies: 26
Views: 1470

Re: Question about share dilution

Most responses above are assuming you are talking about a publicly traded company. (Probably because you mention a $1B company). This is certainly very common with private-equity/start-up companies. A start-up will go through a series of rounds whereby they raise money. If you get in during the fir...
by Valuethinker
Wed Aug 08, 2018 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Is solar power for your home a worthwhile investment?
Replies: 55
Views: 4551

Re: Is solar power for your home a worthwhile investment?

In Pennsylvania , however, we can choose our electricity supplier, and there are many eco-conscious contracts available. We are now paying $.0619 per KWH for 100% wind power from Texas. I'm pretty sure the electrons coursing through our wires didn't originate from a Texas turbine, but supposedly on...
by Valuethinker
Wed Aug 08, 2018 5:38 am
Forum: Investing - Help with Personal Investments
Topic: Best over the counter stock mutual fund?
Replies: 9
Views: 1044

Re: Best over the counter stock mutual fund?

Would any OTC stocks have sufficient liquidity for a mutual fund? No, there are pink sheet equities that trade over the counter, but those are truly not for faint of heart. They are highly speculative. I looked into this a looong time ago ... And concluded the market was rigged against the investor...
by Valuethinker
Wed Aug 08, 2018 3:53 am
Forum: Investing - Theory, News & General
Topic: Question about share dilution
Replies: 26
Views: 1470

Re: Question about share dilution

... Then comes the reverse split which is really bad. Aside from the fact that reverse splits are most usually undertaken when the share price has greatly fallen, what's wrong with them? I will second that. I can't think of any real downside to splits, either forwards or backwards. Of course if a c...