Search found 36780 matches

by Valuethinker
Thu Feb 21, 2019 5:41 pm
Forum: Personal Consumer Issues
Topic: career in biotech (not an investing question)
Replies: 4
Views: 354

Re: career in biotech (not an investing question)

My niece just got admitted to Imperial College in London for a Msc in Bioengineering. I am encouraging her to not only master the science but also learn about the business side of the industry. I know she has a great future ahead, I just want for her to be able to maximize her potential. Could anyo...
by Valuethinker
Thu Feb 21, 2019 5:27 am
Forum: Personal Consumer Issues
Topic: Why do many overlanders drive old model vehicles?
Replies: 24
Views: 2755

Re: Why do many overlanders drive old model vehicles?

As someone puts a lot emphasis on travels, both now and in retirement, I have been reading blogs of some overlanders,, who I define as the people drive their vehicles across different countries, e.g., drive and travel to Latin and South Americas, some people even drive to other continents. I have n...
by Valuethinker
Thu Feb 21, 2019 5:01 am
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 7848

Re: How many bogleheads do you know in real life?

When reading these forums it is easy to get the impression that one is well behind the curve if we aren't maxing out our 401(k)s, backdoor Roth IRAs, HSAs, 529s, and making savvy taxable investments while living beneath one's means with a 15-year fixed mortage and paid-off used cars. It can be humb...
by Valuethinker
Thu Feb 21, 2019 5:00 am
Forum: Investing - Theory, News & General
Topic: [misleading] "The Greatest Investor You’ve Never Heard Of: An Optometrist Who Beat The Odds To Become A Billionaire"
Replies: 6
Views: 1795

Re: [misleading] "The Greatest Investor You’ve Never Heard Of: An Optometrist Who Beat The Odds To Become A Billionaire"

To be fair, skimming the article this guy seems to have done quite well: says he started buying both MSFT and AAPL during their IPOs. Positions worth $160M and $195M respectively. Says he has a $5M cost basis on Heico now worth $800M and is the largest individual shareholder. Not saying he didn't h...
by Valuethinker
Thu Feb 21, 2019 4:55 am
Forum: Personal Investments
Topic: Investing, as an American, in the London Stock Exchange (LSE) Tax Implications, Shariah Investor
Replies: 13
Views: 903

Re: Investing, as an American, in the London Stock Exchange (LSE) Tax Implications, Shariah Investor

You could use m1 finance to mirror the Amana holdings. Create your own fund for free, no er and future contributions get invested the same. They have their holdings list of the 30 securities here as well: https://www.saturna.com/amana/growth-fund#/holdings ISUS holdings https://www.blackrock.com/la...
by Valuethinker
Wed Feb 20, 2019 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Do I need a degree?
Replies: 60
Views: 3512

Re: Do I need a degree?

One path I'm aware of would be New Jersey's Thomas Edison College which is a state school (possibly other states offer similar bachelor's year degrees) for which some classes can be completed by exam, some by writing up life/professional exprerience, and others by taking courses WHEREVER it suits y...
by Valuethinker
Wed Feb 20, 2019 10:11 am
Forum: Non-US Investing
Topic: Global bond fund for EU investor (to hedge or not to hedge)
Replies: 3
Views: 161

Re: Global bond fund for EU investor (to hedge or not to hedge)

Hello there, I have a somewhat special Q, what I've been pondering on and couldn't figure out. The stock part of my current AA looks like: https://i.gyazo.com/1876bef530fd962bcf85c14fb1044f69.png I'm fairly ok with that (besides the REIT part what I'm gonna swap to an accumulating one pretty soon)....
by Valuethinker
Wed Feb 20, 2019 4:33 am
Forum: Personal Finance (Not Investing)
Topic: Do I need a degree?
Replies: 60
Views: 3512

Re: Do I need a degree?

I am 41 and have been working at the same Mega-corp for 20 years. I started in an entry level role that did not require higher education. I slowly climbed my way into a comfortable 6 figure position. I am a Risk Manager (regulatory compliance), and all of my peers have 4 year degrees. All positions...
by Valuethinker
Wed Feb 20, 2019 4:15 am
Forum: Personal Investments
Topic: Investing, as an American, in the London Stock Exchange (LSE) Tax Implications, Shariah Investor
Replies: 13
Views: 903

Re: Investing, as an American, in the London Stock Exchange (LSE) Tax Implications, Shariah Investor

I am a religious investor (25 year old male, American), that can only invest in Shariah based investments, and had a question for the Bogleheads/Experts on here. I need to invest in the following Passive/Index Funds, on the London Stock Exchange (LSE), because these funds are not available to US Re...
by Valuethinker
Tue Feb 19, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Solar Rebate Expiration
Replies: 9
Views: 630

Re: Solar Rebate Expiration

TechCrunch had a good article last week on the broader area of decarbonization. https://techcrunch.com/2019/02/15/how-to-decarbonize-america-and-the-world/ It included a look at the rapid drop in the cost of renewables & the widespread support of tax credits. Interesting article. Thank you.
by Valuethinker
Tue Feb 19, 2019 8:20 am
Forum: Personal Consumer Issues
Topic: using uber versus buying a car
Replies: 54
Views: 3428

Re: using uber versus buying a car

I don't know what a prius prime is. I only know that when Top Gear ran a Prius vs a BMW M3 on the track, with the M3 following the prius, the M3 got better gas mileage. Anyways.....how much would gas or electricity or whatever fuels the car cost? How about maintenance, inspections, taxes? I'm not s...
by Valuethinker
Tue Feb 19, 2019 7:49 am
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 99
Views: 9700

Re: Wife filled our gas engine car with diesel fuel

Ah, maybe it was "Gazole" that some others had reported "assuming" was "gaS". That could be it. Not amusing, obviously. RM It depends on the gas station. Some labels clearly with the word Diesel. Some has Gazole and 3 different types of gas there, but not with the exact word diesel. We asked some F...
by Valuethinker
Tue Feb 19, 2019 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Solar Rebate Expiration
Replies: 9
Views: 630

Re: Solar Rebate Expiration

The federal solar rebate appears to be tapering off starting next year. https://news.energysage.com/congress-extends-the-solar-tax-credit/ . It doesn't seem like the political climate (go coal?) is going to lend itself to getting this renewed. I was wondering if it makes sense for me to go solar no...
by Valuethinker
Tue Feb 19, 2019 6:04 am
Forum: Personal Investments
Topic: How to Set Up a Bond Portfolio
Replies: 15
Views: 1256

Re: How to Set Up a Bond Portfolio

Why is everyone suggesting intermediate duration? Can someone explain the reasoning behind the selection of intermediate. Longer interest rates are normally higher than short term interest rates. In other words, the yield curve is normally upward sloping (the US yield curve is almost flat right now...
by Valuethinker
Tue Feb 19, 2019 5:52 am
Forum: Investing - Theory, News & General
Topic: small value
Replies: 13
Views: 1405

Re: small value

Comparing the indices, small value and small growth have equal percentages of industrials, but SV has more basic materials and financials whereas SG has more tech and healthcare. The P/E ratio for SV is about half of the P/E for SG (roughly 12 and 24). My suspicion about performance is this. In a t...
by Valuethinker
Tue Feb 19, 2019 3:56 am
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 99
Views: 9700

Re: Wife filled our gas engine car with diesel fuel

The diesel nozzle is bigger to stop people putting diesel where gasoline should be. It works most of the time. But it can be defeated by a combination of determination and ingenuity. I worked on systems where all the connectors were different to prevent cross connections. I still read accident repo...
by Valuethinker
Tue Feb 19, 2019 3:51 am
Forum: Non-US Investing
Topic: Portfolio allocation - Is it worth to invest in bonds? [EU - Germany]
Replies: 8
Views: 681

Re: Portfolio allocation - Is it worth to invest in bonds? [EU - Germany]

Hi community! After several months reading your posts and doing some research, I defined my long-term investment portfolio that hopefully will help me having a quieter retirement and I wanted to share it with you. My question is related to the stock/bond allocation, didn't think about my retirement...
by Valuethinker
Mon Feb 18, 2019 12:15 pm
Forum: Investing - Theory, News & General
Topic: Why is higher deficit not leading to higher interest rates?
Replies: 70
Views: 3238

Re: Why is higher deficit not leading to higher interest rates?

If you believe in sectoral balances, public sector deficits equal private sector surpluses. We saw evidence of this as the savings rate was actually zero to negative when the US ran budget surpluses during the Clinton Administration. When the Obama Administration ran huge deficits early on to comba...
by Valuethinker
Mon Feb 18, 2019 12:11 pm
Forum: Investing - Theory, News & General
Topic: Why is higher deficit not leading to higher interest rates?
Replies: 70
Views: 3238

Re: Why is higher deficit not leading to higher interest rates?

If you believe in sectoral balances, public sector deficits equal private sector surpluses. We saw evidence of this as the savings rate was actually zero to negative when the US ran budget surpluses during the Clinton Administration. When the Obama Administration ran huge deficits early on to comba...
by Valuethinker
Mon Feb 18, 2019 12:10 pm
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 99
Views: 9700

Re: Wife filled our gas engine car with diesel fuel

I'm curious how one actually accomplishes this. Diesel pump nozzles have a greater diameter than petrol ones, for exactly this reason. They're expressly designed to NOT fit into the filler tube. Conversely, my car, which is a diesel, has "latches" on either side of the tube, both of which must be d...
by Valuethinker
Mon Feb 18, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 99
Views: 9700

Re: Wife filled our gas engine car with diesel fuel

My wife is in another state trying to take care of her only sister who has cancer. She called me yesterday. She had filled our car up with diesel, and after driving about three blocks the car quit running and she was stranded on the side of the road. I called a wrecker and they took the car to the ...
by Valuethinker
Mon Feb 18, 2019 11:49 am
Forum: Investing - Theory, News & General
Topic: Why is higher deficit not leading to higher interest rates?
Replies: 70
Views: 3238

Re: Why is higher deficit not leading to higher interest rates?

This 5 min video on modern monetary theory will help explain why this may be happening. https://youtu.be/TDL4c8fMODk It's very interesting and entertaining. Yeah... i don't know. I lived through hyperinflation and saw the effects, I am hard to convince. You must have been abroad when you lived thro...
by Valuethinker
Mon Feb 18, 2019 11:44 am
Forum: Personal Consumer Issues
Topic: Wife filled our gas engine car with diesel fuel
Replies: 99
Views: 9700

Re: Wife filled our gas engine car with diesel fuel

Here's a pretty good explanation: https://www.cartalk.com/blogs/dear-car-talk/what-really-happens-when-you-put-diesel-gas-car That is a very good summary article !! I have seen this with a boat not a car but the engines are similar. Draining all fuel, cleaning all ,lines, R & R injectors and purge ...
by Valuethinker
Mon Feb 18, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: Why is higher deficit not leading to higher interest rates?
Replies: 70
Views: 3238

Re: Why is higher deficit not leading to higher interest rates?

If a person or a business continues to spend more than their income they are in a higher risk pool. And their subsequent borrowing usually will be at a higher interest rate. Why doesn’t that happen with US deficit? Is it due to the full faith and credit of the US government? But wouldn’t we run out...
by Valuethinker
Mon Feb 18, 2019 9:34 am
Forum: Non-US Investing
Topic: Currency volatility and time frame from a Vanguard paper
Replies: 1
Views: 148

Re: Currency volatility and time frame from a Vanguard paper

My question is regarding page 7 of this Vanguard document . It is showing that for Australia and Canada, currency hedging actually increased volatilities of equities ( in the time period given ). I have seen this quoted a couple of times as one of the reasons for avoiding hedging in Canada and Aust...
by Valuethinker
Mon Feb 18, 2019 8:53 am
Forum: Non-US Investing
Topic: Advice for Large sum waiting to be DCA'd into equities [Canada]
Replies: 3
Views: 188

Re: Advice for Large sum waiting to be DCA'd into equities [Canada]

Hi all, This is my first post, and after coming the forums I thought I may ask a question about my specific situation. I just sold my business and have about 135k in cash, and 25k in RRSP's to invest(after my emergency fund). I know it's not a huge sum but I'm new to investing and would like to sta...
by Valuethinker
Mon Feb 18, 2019 4:15 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 10
Views: 796

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

Also regarding the Fixed income part, I think I prefer AGGH. I'm only concerned about the non government bonds that are in the index even if those are only around 30%. But what if the index decides to overweight non government bonds even more? On the other hand, for the coming years, because of the...
by Valuethinker
Mon Feb 18, 2019 3:11 am
Forum: Investing - Theory, News & General
Topic: You Can Market Time At Valuation Extremes
Replies: 123
Views: 12303

Re: You Can Market Time At Valuation Extremes

Why not invest internationally or globally, and the problem is solved? (If the problem is whether or not to stay invested at current U.S. valuations, or how to reduce exposure to extreme valuations and the associated potentially higher risk while keeping your assets invested at all times.) Most mar...
by Valuethinker
Sun Feb 17, 2019 8:52 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 10
Views: 796

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

I did not read you properly and got confused. There are several threads going about using 3x leveraged ETFs plus US Treasury bonds to duplicate stock market performance. There are some real problems w that strategy. What I had not properly understood is that this is a way to take delivery. Assuming ...
by Valuethinker
Sun Feb 17, 2019 6:09 am
Forum: Personal Investments
Topic: Time to pull the plug?
Replies: 15
Views: 2872

Re: Time to pull the plug?

I'd just leave it where it is, stop contributing anything more to it if you still are, and keep on keeping on. After all, it's not like it's a large part of your portfolio. That’s the perfect solution! Thanks! Behavioural psychology would say that you are: Anchoring on past values. They are irrelev...
by Valuethinker
Sun Feb 17, 2019 4:15 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4165
Views: 1112405

Re: What Movie Have You Recently Watched?

StandingRock wrote:
Wed Feb 06, 2019 8:07 am
"Westworld". I've seen it several times. Still creepy as heck when Yul Brynner grins and says "Draw." I don't know if that kind of on screen persona will ever be duplicated.
Michael Crichton could really write.

The Andromeda Strain is pretty good too.
by Valuethinker
Sun Feb 17, 2019 4:07 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4165
Views: 1112405

Re: What Movie Have You Recently Watched?

Solo: A Star Wars Story , on Netflix. It's the best Star Wars movie I've seen in quite some time. I liked it. I too enjoyed it. I understand the Star Wars fatigue which caused it to 'bomb' at the box office but the movie was very good. If you enjoy Sci-Fi, give Annihilation a shot. If you enjoy rea...
by Valuethinker
Sun Feb 17, 2019 3:53 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4165
Views: 1112405

Re: What Movie Have You Recently Watched?

High Sierra (1941) Ida Lupino, Humphrey Bogart, screenplay by John Huston & W.R. Burnett. Synopsis by IMDb: “After being released from prison, notorious thief Roy Earle is hired by his old boss to help a group of inexperienced criminals plan and carry out the robbery of a California resort.” A fine...
by Valuethinker
Sat Feb 16, 2019 5:42 pm
Forum: Non-US Investing
Topic: Portfolio of EUR Index ETFs [Germany]
Replies: 5
Views: 384

Re: Portfolio of EUR Index ETFs [Germany]

I should add that tax can totally change ones asset allocations.

That entirely depends on country of residence and additionally whether one is an American citizen or not.
by Valuethinker
Sat Feb 16, 2019 5:40 pm
Forum: Non-US Investing
Topic: Portfolio of EUR Index ETFs [Germany]
Replies: 5
Views: 384

Re: Portfolio of EUR Index ETFs [Germany]

There's no reason to sector or country specialize. In the long run that has not been rewarded -- the additional volatility was greater than the returns gain (roughly speaking). Equities are risky enough in and of themselves. Let the market decide what is going up and down - whether it is oil compan...
by Valuethinker
Sat Feb 16, 2019 5:16 pm
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 10
Views: 796

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

You are paying the volatility premium, and you are not getting the dividends, and you are paying the spread on the options. It looks like a great way to burn money. How about just buying the world ETF, of which both Vanguard and ishares offer Dublin registered funds? Why shouldn't I get the dividen...
by Valuethinker
Sat Feb 16, 2019 7:17 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 10
Views: 796

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

Hello all, Thanks for this amazing forum with the endless information one can found. I'm reading it really a lot. Now I would like to ask advice over the following. I've started investing 3 years ago and basically invest in the following: Stocks VTI (50-60%) VXUS (40-50%) VWRL (temporary storage, t...
by Valuethinker
Sat Feb 16, 2019 7:16 am
Forum: Non-US Investing
Topic: European alternative to VXUS
Replies: 6
Views: 528

Re: European alternative to VXUS

Hi all Regulations have change and I can't keep buying VTI+VXUS as I have been doing so far. I have found some reasonable alternatives to VTI, however I'm having trouble finding a cheap ETF (or combination of 2) available to trade in Europe, that gives me similar exposure to VXUS. In particular any...
by Valuethinker
Fri Feb 15, 2019 6:54 am
Forum: Personal Finance (Not Investing)
Topic: How to value pension as a benefit at midcareer?
Replies: 17
Views: 1304

Re: How to value pension as a benefit at midcareer?

There have been several posts on pensions lately, including my own: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=272320 . There was discussion of valuation of pension but most of the conversation focused on the value of the pension at the time of retirement or receiving the benefit. Basical...
by Valuethinker
Fri Feb 15, 2019 5:44 am
Forum: Personal Investments
Topic: personal rate of return
Replies: 29
Views: 2513

Re: personal rate of return

I think it is pretty tough to beat a LifeStrategy fund even if one is doing a 3-fund portfolio because of behavioral issues. One thing I did notice is life strategy mod growth (60/40 stock/bond) 10 yr return is 9.5% but that of life strategy growth (80/20 stock/bond ) is 11.1%. I am a bit surprised...
by Valuethinker
Fri Feb 15, 2019 4:37 am
Forum: Personal Finance (Not Investing)
Topic: NYC area, buying first home- where to begin?
Replies: 22
Views: 2043

Re: NYC area, buying first home- where to begin?

Aim to buy no more than 2-3xyour income . Make sure that you have enough down payment to cover 20% of that amount . See what that gets you in desired neighborhood. If it is nothing desirable then wait a little longer and save more. I doubt those multiples are realistic in the Greater New York City ...
by Valuethinker
Fri Feb 15, 2019 4:33 am
Forum: Personal Finance (Not Investing)
Topic: NYC area, buying first home- where to begin?
Replies: 22
Views: 2043

Re: NYC area, buying first home- where to begin?

Don't sacrifice family time for more space. If you can't afford something you like somewhere that gives you roughly the same commute times as you have now (or better), than save more and wait longer to buy. Young children are only awake for so many hours a day. For example, a 3-year-old could be in...
by Valuethinker
Fri Feb 15, 2019 4:26 am
Forum: Non-US Investing
Topic: Why are Australian Bond Yields Falling? (and not rising or staying flat?)
Replies: 7
Views: 519

Re: Why are Australian Bond Yields Falling? (and not rising or staying flat?)

Premium to what? What would happen, did happen, is that bond prices rose (fixed coupons became more attractive relative to other opportunities) and thus yields fell. That's logical if previous expectations of the future track of interest rates turned out to be too high. Thanks for helping me get my...
by Valuethinker
Thu Feb 14, 2019 4:41 pm
Forum: Non-US Investing
Topic: Why are Australian Bond Yields Falling? (and not rising or staying flat?)
Replies: 7
Views: 519

Re: Why are Australian Bond Yields Falling? (and not rising or staying flat?)

So if I understand correctly - we actually have two opposing forces at play in this situation: 1) In the last three months the view of a AUD rate rise has moved from very likely to neutral - with bias to the next move being down. In a normal health economy situation - am i correct that this would u...
by Valuethinker
Thu Feb 14, 2019 4:23 pm
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 79
Views: 6786

Re: Theory: NOW is the Best Time for Total World Stock

Same-old, same-old. Every attempt to determine a "best time" runs into the usual contradiction. A few years ago, the narrative was that US stocks had a declining share of world market cap, and therefore the US was doomed and one had better start investing internationally. At one point--too lazy to ...
by Valuethinker
Thu Feb 14, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: Diamonds are forever.
Replies: 94
Views: 10523

Re: Diamonds are forever.

The De Beers diamond monopoly and price maintenance strategy is in the business economics textbooks - it is an absolute classic. There seems to be just a huge gap in value between retail price for diamonds v. wholesale & resale value. That suggests that some of the old market structure still pertain...
by Valuethinker
Thu Feb 14, 2019 11:00 am
Forum: Personal Investments
Topic: Is this idea irrational?
Replies: 23
Views: 1241

Re: Is this idea irrational?

I am 62, retired, living on investments, a pension, and social security. My long term plan for solvency requires that I have an annual average return of no less than 5% over the next 30 years. My current AA is 60-40 stocks and bonds--all index fund ETF.s Already, this year, my return has been 7.5%....
by Valuethinker
Thu Feb 14, 2019 9:37 am
Forum: Non-US Investing
Topic: EU investor: any way to avoid punitive US estate tax on death?
Replies: 38
Views: 2453

Re: EU investor: any way to avoid punitive US estate tax on death?

Just for my information. So you are not a US citizen, but you are US resident and plan to move to EU. I thought you were not able to hold US funds (FATCA)? Am I missing something? FATCA has nothing to do with holding US funds. Lots of foreigners hold US funds. (I am subject to FATCA and hold lots o...
by Valuethinker
Thu Feb 14, 2019 6:33 am
Forum: Personal Investments
Topic: Good time to invest in emerging markets?
Replies: 22
Views: 2580

Re: Good time to invest in emerging markets?

Hello Everyone, I have been reading Money & Kiplinger magazines, plus the reports that T. Rowe Price sends me periodically and one thing that they have in common is a conviction that this is a particularity good time to invest in emerging markets. I have been burned by emerging markets in the past,...
by Valuethinker
Thu Feb 14, 2019 6:13 am
Forum: Investing - Theory, News & General
Topic: 327 Years of British Equity History
Replies: 19
Views: 2017

Re: 327 Years of British Equity History

In 1975, Britain’s inflation rate hit 26%, 10-year bond yields rose to 17%, the stock market hit bottom after a 77% decline in real terms between 1972 and 1975 This is a good example of why I like the idea of CPI-adjusted annuities (or TIPS ladders) for basic retirement income. That would be a horr...