Search found 41818 matches

by Valuethinker
Sun Apr 11, 2021 3:33 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 732

Re: UK Question - Platform risk - Pillar 3

I assume by platform you mean broker or bank. I do split my investments as much as possible below £ 85000 per platform, except my ISA and pension. It's costly and creates complexity but it reduces risk. "The Financial Services Compensation Scheme (FSCS) protects up to £85,000 per person, per f...
by Valuethinker
Sun Apr 11, 2021 3:31 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 732

Re: UK Question - Platform risk - Pillar 3

I assume by platform you mean broker or bank. I do split my investments as much as possible below £ 85000 per platform, except my ISA and pension. It's costly and creates complexity but it reduces risk. "The Financial Services Compensation Scheme (FSCS) protects up to £85,000 per person, per f...
by Valuethinker
Sat Apr 10, 2021 10:04 am
Forum: Personal Investments
Topic: Protect savings from imminent inflation?
Replies: 24
Views: 2072

Re: Protect savings from imminent inflation?

Very soon we will be paying more for every single thing since majority of the what we buy is either imported or made in the United States with imported material. Currently importers and manufacturers have no choice but pay double or in some cases triple to bring in, deliver and distribute the produ...
by Valuethinker
Sat Apr 10, 2021 9:47 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 732

Re: UK Question - Platform risk - Pillar 3

I don't know the answer to your OP but I think it's a great point. I have some investments at a relatively unknown broker, and over time they have grown to a pretty large sum, over 1M£. I sometimes think I should move them to another broker but I haven't yet. I get good deals when they execute trad...
by Valuethinker
Fri Apr 09, 2021 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a paycut for a more stable state job (CA)?
Replies: 75
Views: 4595

Re: Taking a paycut for a more stable state job (CA)?

Hey all, Wanted to get some feedback on a situation I'm facing... currently at high-paying job with a Fortune 500 company (finance/banking) and while the pay and benefits (including fulltime WFH even before COVID) have been great, there have been many changes in the past year leading to highly ques...
by Valuethinker
Fri Apr 09, 2021 12:34 pm
Forum: Non-US Investing
Topic: Cash Portfolio Currency
Replies: 2
Views: 319

Re: Cash Portfolio Currency

Hello, I keep 20% of my portfolio as cash. I use EUR for the biggest part of my cash portfolio, but I am already at my bank's EUR negative interest threshold. I will add another currency to my cash portfolio and I'm thinking GBP or CHF because of the low inflation. Any suggestions? Thanks. No one p...
by Valuethinker
Fri Apr 09, 2021 5:25 am
Forum: Personal Investments
Topic: pay off 165k business property loan?
Replies: 5
Views: 536

Re: pay off 165k business property loan?

My only thought is how does interest on your loan affect your tax position? What interest rate are you paying after tax? Also how does you accelerating repayment affect your equity position vis a vis Co owner? You don't want to be putting more money in that increases the value if his equity. Setting...
by Valuethinker
Fri Apr 09, 2021 5:13 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 455
Views: 305937

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

Just reading through this again, and it is so insightful every time. Thank you Sheepdog and others who bared all in stressful and emotional times. I was young during the 2008 crash and not yet a Boglehead - just a few years out of college and putting money toward retirement each year but obviously ...
by Valuethinker
Thu Apr 08, 2021 9:15 am
Forum: Personal Investments
Topic: Why not use cash for RE rentals?
Replies: 29
Views: 2433

Re: Why not use cash for RE rentals?

I'm looking for a sanity check on an idea that I might change my AA from 50/50 to 50/25/25 (stock/RE/bond). The reason: diversification. I'm uncomfortable with so much in cash/bonds "doing nothing" but not comfortable increasing equity. I see the RE risk as about midway between stock and ...
by Valuethinker
Thu Apr 08, 2021 9:10 am
Forum: Personal Investments
Topic: Why not use cash for RE rentals?
Replies: 29
Views: 2433

Re: Why not use cash for RE rentals?

I'm looking for a sanity check on an idea that I might change my AA from 50/50 to 50/25/25 (stock/RE/bond). The reason: diversification. I'm uncomfortable with so much in cash/bonds "doing nothing" but not comfortable increasing equity. I see the RE risk as about midway between stock and ...
by Valuethinker
Thu Apr 08, 2021 9:06 am
Forum: Personal Investments
Topic: Why not use cash for RE rentals?
Replies: 29
Views: 2433

Re: Why not use cash for RE rentals?

Generally, the reason to not use cash is to leverage up the return on your capital. You can certainly pay cash and dramatically reduce your risk in some ways (although liquidity risk becomes much more of an issue that way, but I'm assuming you have plenty of money). The problem is that you're talki...
by Valuethinker
Thu Apr 08, 2021 9:03 am
Forum: Personal Consumer Issues
Topic: What EV to buy for 20k-25k?
Replies: 63
Views: 5274

Re: What EV to buy for 20k-25k?

If you want an EV at a super low price, consider buying a used Nissan Leaf. I saw a couple at my local Carmax that were amazing deals. I bought a 2019 Leaf SV with 6000 miles on it from CarMax a couple months ago for cheap. Love it. Also, plugging into a regular outlet won’t give you 40-50 miles, u...
by Valuethinker
Thu Apr 08, 2021 8:59 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

However the yield curve is much much flatter now than it has been historically, so the cost of holding cash is theoretically less. Unless interest rates go down even *further* :happy :happy :? :? As far as I see, if you are a long-term investor that doesn't help at all because the bonds you already...
by Valuethinker
Thu Apr 08, 2021 8:55 am
Forum: Investing - Theory, News & General
Topic: Are international bonds worth it?
Replies: 6
Views: 918

Re: Are international bonds worth it?

I do not like international bonds because in addition to interest rate risk, they have currency risk which is too much risk for a supposedly safe investment. Currency risk could be hedged, but there is an added cost for that. The cost of currency hedging should be quite small. The majority of bond ...
by Valuethinker
Thu Apr 08, 2021 5:19 am
Forum: Personal Consumer Issues
Topic: What EV to buy for 20k-25k?
Replies: 63
Views: 5274

Re: What EV to buy for 20k-25k?

I’ve been wanting to buy an EV for a long time. Looks like this June will be the time for me to do it. But what should I get? My thoughts and considerations: We will have a second car, a minivan Hoping to spend 25k max out the door, all cash We usually keep cars for a very very long time, mostly fo...
by Valuethinker
Thu Apr 08, 2021 5:16 am
Forum: Personal Consumer Issues
Topic: What EV to buy for 20k-25k?
Replies: 63
Views: 5274

Re: What EV to buy for 20k-25k?

If you want an EV at a super low price, consider buying a used Nissan Leaf. I saw a couple at my local Carmax that were amazing deals. I bought a 2019 Leaf SV with 6000 miles on it from CarMax a couple months ago for cheap. Love it. Used Leafs are not the steal they used to be, but they’re still a ...
by Valuethinker
Thu Apr 08, 2021 4:09 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

Agree with all your posts Valuethinker However was it not another of the great John Bogle,s sayings...... “Financial forecasters never tire of saying -This time it’s different!-in fact it rarely is” Over many years of investing-am now 75-found his take on this particular statement to be accurate Fo...
by Valuethinker
Wed Apr 07, 2021 10:21 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

Insofar as GBP is a cyclical currency an unhedged global bond fund might be superior for when it's most needed - rebalancing in Q1 2009, Q1 2018, Q2 2020 etc. You are adding an asset class with a volatility greater than its expected return. You are basically taking a bet on currencies. The main rea...
by Valuethinker
Wed Apr 07, 2021 10:19 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

Retd 17 years and made a big enough pile 65% of portfolio is Vanguard Global Bond Index Fund hedged to the Pound-been for many years It’s main job is to reduce volatility in the portfolio which it has done successfully The NAV has increased at over 4% pa which has been a bonus Done the “ fixed inco...
by Valuethinker
Wed Apr 07, 2021 3:10 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 732

Re: UK Question - Platform risk - Pillar 3

Afternoon All, Am i ok to be worried about platform risk at all? Leaving the trials and tribulations of Stocks aside and concentrating on a slow and steady Index portfolio. I'm now wondering about de-risking the platform risk itself. I worry that the more i hold in one platform that smaller the 85k...
by Valuethinker
Wed Apr 07, 2021 12:33 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 732

Re: UK Question - Platform risk - Pillar 3

Afternoon All, Am i ok to be worried about platform risk at all? Leaving the trials and tribulations of Stocks aside and concentrating on a slow and steady Index portfolio. I'm now wondering about de-risking the platform risk itself. I worry that the more i hold in one platform that smaller the 85k...
by Valuethinker
Wed Apr 07, 2021 12:28 am
Forum: Investing - Theory, News & General
Topic: Any good investing books published post-COVID-19?
Replies: 5
Views: 612

Re: Any good investing books published post-COVID-19?

And cryptos? I am skeptical based on their fundamentals (high transaction costs, high energy costs, lack of security), but am I right? And factor investing... Large prolonged drawdowns (and massive tails) were always knows to be a risk. How has the view of multi-factor portfolios changed. I'm not r...
by Valuethinker
Wed Apr 07, 2021 12:22 am
Forum: Investing - Theory, News & General
Topic: “Bogleheads’ Guide To Investing” Portfolios - 50% in TIPS?
Replies: 25
Views: 2994

Re: “Bogleheads’ Guide To Investing” Portfolios - 50% in TIPS?

I am looking for thoughts on the importance of balancing the Total Bond Market fund with a TIPS fund, perhaps 50/50. I also understand there are concerns with TIPS funds, such as: 1. They haven’t been tested in a hyperinflationary environment Nothing has. Not in the USA since the Confederate States...
by Valuethinker
Tue Apr 06, 2021 7:47 am
Forum: Investing - Theory, News & General
Topic: Basing Fixed Income Allocation From Historical Bear Market Recovery Times
Replies: 10
Views: 937

Re: Basing Fixed Income Allocation From Historical Bear Market Recovery Times

I have a friend at work that introduced me to this concept and it really resonates with me. The idea is to calculate the amount of your fixed income allocation amount based on historical bear market recovery times. Do not base it on some percentage that aligns with your age, investment horizon, att...
by Valuethinker
Tue Apr 06, 2021 7:42 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

actually just looked VAGP up. It actually went down in March 2020 at the same time as stocks, so not sure whether it's a good volatility dampener after all. Yes, VAGP went down in March 2020, as did most other bond funds globally. Such was the nature of that particular crisis. But intermediate-term...
by Valuethinker
Tue Apr 06, 2021 7:22 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

Retd 17 years and made a big enough pile 65% of portfolio is Vanguard Global Bond Index Fund hedged to the Pound-been for many years It’s main job is to reduce volatility in the portfolio which it has done successfully The NAV has increased at over 4% pa which has been a bonus Done the “ fixed inco...
by Valuethinker
Tue Apr 06, 2021 4:31 am
Forum: Personal Investments
Topic: Fossil Free Fund Comparable to an Index Fund?
Replies: 25
Views: 1669

Re: Fossil Free Fund Comparable to an Index Fund?

I am starting a Roth IRA. I am a relatively risk-averse parent of young kids. I am not looking to get rich, just have a secure financial picture when I'm older. (I have a public employee pension and want to supplement it with this.) I would normally just do a Vanguard Index Fund but I would like to...
by Valuethinker
Tue Apr 06, 2021 3:52 am
Forum: Non-US Investing
Topic: Difference between Fidelity Funds FPIFX and FIWTX
Replies: 6
Views: 581

Re: Difference between Fidelity Funds FPIFX and FIWTX

I currently hold the Fidelity Freedom® Index 2020 Fund Investor Class (FPIFX) in my Fidelity 401(k). The 401(k) plan is being moved to a new provider and they're offering Fidelity Freedom® Index 2020 Fund Institutional Premium Class (FIWTX). They're both 2020 target funds, obviously, and appear alm...
by Valuethinker
Tue Apr 06, 2021 3:49 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

= 50% iShares SGIL unhedged global inflation-linked bonds 50% iShares SGLO unhedged global govt (G7 nations) bonds Why did you go for unhedged as opposed to hedged funds? Do you believe that there's a higher chance of GBP depreciating vs other currencies as opposed to the other way round? Otherwise...
by Valuethinker
Tue Apr 06, 2021 3:47 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing for fixed income?

= 50% iShares SGIL unhedged global inflation-linked bonds 50% iShares SGLO unhedged global govt (G7 nations) bonds Why did you go for unhedged as opposed to hedged funds? Do you believe that there's a higher chance of GBP depreciating vs other currencies as opposed to the other way round? Otherwise...
by Valuethinker
Mon Apr 05, 2021 8:27 am
Forum: Non-US Investing
Topic: Pension/Index fund advice for UK beginner investor
Replies: 2
Views: 436

Re: Pension/Index fund advice for UK beginner investor

Dear Bogelheads, I am a complete beginner in this area, having recently realised that my current pension will not be enough to live off when I reach retirement I began to research and came across JL Collins ‘The Simple Path to Wealth’ and ‘The Bogelhead’s Guide to Investing,’ and subsequently this ...
by Valuethinker
Mon Apr 05, 2021 8:09 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2114

Re: UK investors: what are you doing fo fixed income?

We had some saving at NS&I which is supposed to be very safe. Now interest rates have dropped and they are close to zero. So we are considering other options; however, in order to get only slighly higher interest rates at some banks you need to leave your money there for one or 2 years. So if i...
by Valuethinker
Mon Apr 05, 2021 4:58 am
Forum: Personal Finance (Not Investing)
Topic: Which life insurance to get? Work vs. personal policy
Replies: 34
Views: 2215

Re: Which life insurance to get? Work vs. personal policy

Do not under any circumstances mentally equate work insurance w personal term life guaranteed level premium.

Work insurance is far too contingent and your cost may rise w age.

If necessary you can "mix and match" eg 600k work 900k personal. Buy they are not equal.
by Valuethinker
Sun Apr 04, 2021 4:14 pm
Forum: Investing - Theory, News & General
Topic: In what condition, will international significantly overperform US?
Replies: 170
Views: 12387

Re: In what condition, will international significantly overperform US?

International will never outperform US. USA controls 80% of all the money in the world. Just aint gonna happen. No. This is not true. The dollar is not 80% of the world's money supply. Euro is a reasonably close #2. Euro + RMB > USD Just watched an hour long interview with Sam Zell that was very go...
by Valuethinker
Sun Apr 04, 2021 4:02 pm
Forum: Investing - Theory, News & General
Topic: In what condition, will international significantly overperform US?
Replies: 170
Views: 12387

Re: In what condition, will international significantly overperform US?

Interesting question. Let us look at history. UK, once ruled the world - Where is it now? I am an excellent driver with no accidents but why do I opt for the best car insurance? Did the world think East & West Germany will unite? The bottom line is "one cannot predict future" and you ...
by Valuethinker
Sun Apr 04, 2021 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Which life insurance to get? Work vs. personal policy
Replies: 34
Views: 2215

Re: Which life insurance to get? Work vs. personal policy

Long-term lurker but first time poster. I know there's a lot of threads on life insurance, but was hoping to get some personalized advice. I'm in my mid-30s and just had my first child and now looking into life insurance. I need help deciding between getting a personal term life insurance policy ve...
by Valuethinker
Fri Apr 02, 2021 10:00 am
Forum: Investing - Theory, News & General
Topic: UK - Time to Invest?
Replies: 28
Views: 1663

Re: UK - Time to Invest?

Drinks (Diageo - a genuine beneficiary of a weak pound because of drinks exports), Wow, did not know DIAGEO was from the UK. They have a huge distillery in Plainfield, IL. Johnny Walker scotch whiskey Gordon's Gin Guinness beer Hundreds of brands of Vodka and other alcoholic beverages. Probably lar...
by Valuethinker
Fri Apr 02, 2021 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Term insurance - free lunch?
Replies: 25
Views: 1897

Re: Term insurance - free lunch?

Thanks so much for the valuable advice. Here is where I am at now: 1. I do think $2MM is appropriate coverage, taking monthly expenses into account. It is a bit aggressive -but I am comfortable with it. 2. I will go with 15 or 20 years term 3. No whole life or 80 plan by NWM - in fact, I am thinkin...
by Valuethinker
Fri Apr 02, 2021 9:36 am
Forum: Personal Finance (Not Investing)
Topic: $25,000 solar array: to finance at 4.75% interest?
Replies: 12
Views: 1174

Re: $25,000 solar array: to finance at 4.75% interest?

Dear Bogleheads, I'm considering having a solar array installed on my room. The up-front cost would be $24,990 — although net cost would be $11,052 after subtracting the 26% Solar Federal Tax Credit (which returns $6,497) and also $7,441 in the form of Illinois SRECs (Solar Renewable Energy Certifi...
by Valuethinker
Thu Apr 01, 2021 10:41 am
Forum: Investing - Theory, News & General
Topic: UK - Time to Invest?
Replies: 28
Views: 1663

Re: UK - Time to Invest?

I hold it at market weight and wouldn't make any moves above or below that level. Hope things do get better, it has been a stinker for years now. Ditto for many other countries like Germany, Japan. Thanks for sharing your view. Usually that would be mine too. But UK's PPT is unique and convincing e...
by Valuethinker
Thu Apr 01, 2021 9:54 am
Forum: Investing - Theory, News & General
Topic: UK - Time to Invest?
Replies: 28
Views: 1663

Re: UK - Time to Invest?

I hold it at market weight and wouldn't make any moves above or below that level. Hope things do get better, it has been a stinker for years now. Ditto for many other countries like Germany, Japan. Thanks for sharing your view. Usually that would be mine too. But UK's PPT is unique and convincing e...
by Valuethinker
Thu Apr 01, 2021 9:52 am
Forum: Investing - Theory, News & General
Topic: UK - Time to Invest?
Replies: 28
Views: 1663

Re: UK - Time to Invest?

UK has a growing population unlike the Med countries & Germany And unlike Japan and China too. Thank you for pointing out this. Now, you got me interested... I need to find out why that's the case for UK. The picture post Brexit is entirely unclear. What you had pre Brexit was old Brits retirin...
by Valuethinker
Thu Apr 01, 2021 9:49 am
Forum: Investing - Theory, News & General
Topic: UK - Time to Invest?
Replies: 28
Views: 1663

Re: UK - Time to Invest?

I wouldn't overweight the UK but I do believe UK equities will at least match EM & Europe if only because they're cheap. The usual suspects will moan about Brexit yet the UK has a growing population unlike the Med countries & Germany and is even more insulated from future Euro/Eurozone bail...
by Valuethinker
Thu Apr 01, 2021 5:54 am
Forum: Non-US Investing
Topic: Bed and 30 day breakfast (UK)
Replies: 17
Views: 1912

Re: Bed and 30 day breakfast (UK)

They’re classed as different securities by HMRC. So selling VGVE+VFEM and buying VWRL is ok. Selling VGVE+VFEM and then buying the iShares equivalents is ok. sorry I am coming back to this. I am assuming that same index, same country group (developed / emerging) and different ETF provider are not c...
by Valuethinker
Thu Apr 01, 2021 3:28 am
Forum: Investing - Theory, News & General
Topic: EMB what asset class?
Replies: 40
Views: 1901

Re: EMB what asset class?

That being said, there are multiple economists who project an economic boom in Africa in the 21st century. There is some incredible number like Africa will have half the people in the world under 25 by 2080 (or maybe even 2050?)? Any analysis that is worth paying attention to will caveat those pred...
by Valuethinker
Wed Mar 31, 2021 9:46 am
Forum: Non-US Investing
Topic: (UK) Be careful with delisted ETFs in your ISA
Replies: 1
Views: 443

Re: (UK) Be careful with delisted ETFs in your ISA

Thank you for that.

That's a pretty nasty trick of which I was unaware.
by Valuethinker
Wed Mar 31, 2021 9:46 am
Forum: Non-US Investing
Topic: UK investors:is there a best time of day to trade World ETFs?
Replies: 3
Views: 557

Re: UK investors:is there a best time of day to trade World ETFs?

I know it's best to avoid opening and closing times to buy ETFs, but I was wondering whether there was a best time to trade a World ETF in you are in the UK. In particular, if you wait till the NY stock exchane opens (since the US stock market makes up more than half of the world) would you be bett...
by Valuethinker
Wed Mar 31, 2021 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Any expats retired in europe? How much needed to retire?
Replies: 128
Views: 17209

Re: Any expats retired in europe? How much needed to retire?

To retire in France, you'll need proof of adequate means for the appropriate visa, and get one without too much hassle, as long as you do not work. You should have more than enough at your target income (it is generally under 20K USD a year), but pension income is preferred. I don't know what count...
by Valuethinker
Wed Mar 31, 2021 9:23 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12190

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

I have visited WPI with a couple of prospective students, and was impressed with the school for the reasons OP stated. Worcester has a lot of other colleges, so their are other college activities, but it's a pretty quiet small city. One other important fact supporting its national reputation: J. Ge...