Search found 34867 matches

by Valuethinker
Mon Aug 20, 2018 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 26
Views: 1373

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Not nyc, but Long Island - renaissance technologies. Sure, will add to the list, but the primary goal is to stay and experience NYC, without much commute to work, job is to sustain the stay in NYC. A lot of the hedge funds are in Greenwich or Stamford Connecticut. Renaissance is out on its own in L...
by Valuethinker
Mon Aug 20, 2018 5:36 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 110
Views: 9625

Re: As an American, where are some great places in the world to retire?

Tallinn, Estonia: Much to do, friendly people, stable government, very low cost of living yet modern everything. Beautiful city. Hobart, Australia: On the island of Tasmania. Laid back lifestyle, much cheaper cost of living than Sydney, interesting history, interesting critters and scenery, beautif...
by Valuethinker
Mon Aug 20, 2018 5:32 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 110
Views: 9625

Re: As an American, where are some great places in the world to retire?

Tallinn, Estonia: Much to do, friendly people, stable government, very low cost of living yet modern everything. Beautiful city. Hobart, Australia: On the island of Tasmania. Laid back lifestyle, much cheaper cost of living than Sydney, interesting history, interesting critters and scenery, beautif...
by Valuethinker
Mon Aug 20, 2018 5:02 am
Forum: Investing - Help with Personal Investments
Topic: Please look at my portfolio and give me advice [Norway]
Replies: 9
Views: 617

Re: Please look at my portfolio and give me advice [Norway]

With that said, and for what it's worth, while I favor a global balanced portfolio, I consider a 10% allocation for any asset class to be the minimum to bother with. My Australian investments are a 50:50 mix of stocks and bonds with 10% Australian stocks, 40% global ex-Au stocks, 10% Australian bon...
by Valuethinker
Mon Aug 20, 2018 4:54 am
Forum: Investing - Help with Personal Investments
Topic: Please look at my portfolio and give me advice [Norway]
Replies: 9
Views: 617

Re: Please look at my portfolio and give me advice [Norway]

I am from Australia and I would worry if I had only 2% of my portfolio in the Australian economy. If Australia out performs over the next couple of decades, I would need to work for years more than I otherwise would. How do you figure this is not an issue? The Australian index is mostly financials ...
by Valuethinker
Mon Aug 20, 2018 3:26 am
Forum: Investing - Help with Personal Investments
Topic: leveraging savings to generate income during planned unemployment (plus housing market insanity)
Replies: 4
Views: 425

Re: leveraging savings to generate income during planned unemployment (plus housing market insanity)

Hello. I'm writing to get some advice about how to best leverage my savings for generating income over a (hopefully) fixed period of planned unemployment. I would like to devote 6-12 months away from work for the purpose of independent study. My goal is to learn some new skills that will expand my ...
by Valuethinker
Mon Aug 20, 2018 3:13 am
Forum: Investing - Theory, News & General
Topic: Another reason to be wary of international stocks...
Replies: 6
Views: 1053

Re: Another reason to be wary of international stocks...

https://www.cnbc.com/2018/08/17/chinas-stock-market-drop-might-not-reflect-its-economic-reality.html Thoughts? The article makes the case that one should ignore the stock market in considering economic fundamentals. So, fine. It is not a warning against international investing per se? Note many Chi...
by Valuethinker
Mon Aug 20, 2018 3:09 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 36
Views: 4348

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Another anecdotal data point from Columbus, Ohio. We listed our house three weeks ago on a Thursday and showed it on Friday, Saturday and Sunday. We had nine offers (all above asking price) to choose from by 6:00 p.m. on Sunday. We have a modest 1,700 sq foot house and there are more buyers for hom...
by Valuethinker
Mon Aug 20, 2018 2:59 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 10
Views: 569

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

I started Peer Street last year. I was attracted to the hard lending aspect of it (i.e. loans are backed by real estate) rather than the unsecured lending seen with Lending Club, Prosper, etc. I like the platform and customer service is pretty good but I am divesting as my loans liquidate. The main...
by Valuethinker
Mon Aug 20, 2018 2:56 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 36
Views: 4348

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Gray wrote:
Sun Aug 19, 2018 1:56 pm
It’s all based on location. The 1951 house next door to mine with 1500 square feet is getting its list at $770k.
Granted there is this "proximity to Gray" factor which lifts housing prices ;-).

But where in the USA (metropolitan area) is this?
by Valuethinker
Sun Aug 19, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 10
Views: 569

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

Curious to hear what you guys think.. My portfolio is about 20% tiaacref traditional (3% vintage, + 1% per year so far), the rest is blend sp500 high mod low cap index, fidelity contrafund (all depending on which retirement account) I am 35. I just started really putting away (physician just starti...
by Valuethinker
Sun Aug 19, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate? [Request for portfolio help]
Replies: 92
Views: 6525

Re: Why the Yale Endowment Hate?

The argument Swensen makes is that if there is deflation, then LT Treasuries are better than IT or ST Treasuries - think Japan like conditions. I haven't read Swensen's book and I probably should, but I continue to be completely, utterly, totally mystified as to why anyone with positive net worth t...
by Valuethinker
Sun Aug 19, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate? [Request for portfolio help]
Replies: 92
Views: 6525

Re: Why the Yale Endowment Hate?

20% in real estate is pretty darn high. Nobody, not even Swenson as I recall, recommends that these days. We debate that, interminably. Let's say there is no obvious case that US commercial RE is undervalued-- a strong contrast to the late 1990s/ early 2000s when the yields on REITs were much highe...
by Valuethinker
Sun Aug 19, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 36
Views: 4348

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Seems like real estate prices and bidding wars in the U.S. have been as crazy as in England. Now with rising interest rates, the party seems to be over in the U.K. Is this likely to be a global phenomenon? Bad time to be buying? http://www.thisismoney.co.uk/news/article-6064685/Fears-grow-house-pri...
by Valuethinker
Sun Aug 19, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 110
Views: 9625

Re: As an American, where are some great places in the world to retire?

Tallinn, Estonia: Much to do, friendly people, stable government, very low cost of living yet modern everything. Beautiful city. Hobart, Australia: On the island of Tasmania. Laid back lifestyle, much cheaper cost of living than Sydney, interesting history, interesting critters and scenery, beautif...
by Valuethinker
Sun Aug 19, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 566
Views: 33436

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

So far I haven't heard a compelling reason to invest only in the US. - lower volatility due to avoiding currency exposure also international markets have tended towards higher volatility than USA - lower costs (much less of an argument than it was in the past) - limited gains from international div...
by Valuethinker
Sun Aug 19, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1408

Re: Cost of Living between NYC and U.K.?

I work in Boston and earn $100k. I have a job opportunity, which would be a promotion. I'd expect at least a 25% raise which puts me at $125k. The issue is that I can either work in NYC or Oxford. What would be an equivalent salary to $125k in each city, in terms of cost of living? What might the s...
by Valuethinker
Sun Aug 19, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1408

Re: Cost of Living between NYC and U.K.?

The cost of living in nyc would be around 30-40% more than in Oxford. You should jump at the chance to do it. I am guessing that is mostly about rent? In terms of *things* my experience is fresh fruit and vegetables are cheaper in the UK - the quality and range of food is generally superior (based ...
by Valuethinker
Sun Aug 19, 2018 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1408

Re: Cost of Living between NYC and U.K.?

In a good or bad way? I think the problem with trying to compare healthcare is that the story can change drastically depending on the situation. The young and healthy would scoff at paying £5.5k NI vs. the US rates. Old and those with chronic medical needs may think that's cheap. And to confuse mat...
by Valuethinker
Sun Aug 19, 2018 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 72
Views: 3044

Re: Your major and investing/finance?

student wrote:
Sun Aug 19, 2018 4:44 am
PhD in Mathematics. I think investing is relatively fun.
And john Paulo's, a mathematician, write a very funny book about himself Vs the efficient market. "A Mathematician Plays the Market".
by Valuethinker
Sun Aug 19, 2018 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 72
Views: 3044

Re: Your major and investing/finance?

I'm an intelligence professional...and have a Masters of Science in Strategic Intelligence. My studies were very heavy on logical fallacies, cognitive biases, and "thinking about thinking". I was drawn to Boglehead-ism (even before my studies) due to strength of the academic support and the logic-o...
by Valuethinker
Sat Aug 18, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1408

Re: Cost of Living between NYC and U.K.?

I work in Boston and earn $100k. I have a job opportunity, which would be a promotion. I'd expect at least a 25% raise which puts me at $125k. The issue is that I can either work in NYC or Oxford. What would be an equivalent salary to $125k in each city, in terms of cost of living? What might the s...
by Valuethinker
Sat Aug 18, 2018 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Lending money to Goldman Sachs?
Replies: 6
Views: 1074

Re: Lending money to Goldman Sachs?

Callable

In rising interest rate environment why would you do this?

Why don't you just buy a bond issued by Goldman Sachs?
by Valuethinker
Fri Aug 17, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 26
Views: 1373

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Not nyc, but Long Island - renaissance technologies. Sure, will add to the list, but the primary goal is to stay and experience NYC, without much commute to work, job is to sustain the stay in NYC. A lot of the hedge funds are in Greenwich or Stamford Connecticut. Renaissance is out on its own in L...
by Valuethinker
Fri Aug 17, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 566
Views: 33436

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

Is the headline here "The Death of Foreign Equities"? (Mirroring the famous August 13, 1979 Business Week headline about US stocks.) As long as the super cap tech cos are in the ascendant (Apple, Amazon, Netflix, Google, Facebook + Microsoft) the US likely keeps outperforming. If the market falls o...
by Valuethinker
Fri Aug 17, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 58
Views: 4318

Re: Bullish/bearish on GE? Make your case here - new lows today

Her money, her choice (as an aside, I am all low cost index funds, save some inherited stock). But I found her rationale interesting. If you look over a century, and consider how they have overcome all of the challenges of the last 100 years, then GE is a screaming buy for the patient investor. Bog...
by Valuethinker
Fri Aug 17, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 324

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

The main problem is the poor performance of most EIS/ VCT type investments vs. the broader quoted market.

It makes paying the tax more worthwhile.
by Valuethinker
Fri Aug 17, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 324

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I am looking at possible ways to save on UK inheritance tax when the day comes. One of these is investing in shares in the UK AIM market. Has anyone here done this? As far as I see, there seem to be two problems: a. You would probably need an active manager to invest in that market, and b. There do...
by Valuethinker
Fri Aug 17, 2018 7:14 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 324

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I believe if you live 7 years past the date of gift that there is no tax payable? Yes I have seen the 7 years rule in some articles; on the other had I am wondering whether there's a limit to the amount you can give; some other articles speak of a 3000£ limit per year. So I suppose that the gift al...
by Valuethinker
Fri Aug 17, 2018 7:13 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 324

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf. Yes, I have already to some extent. Two problems with that though: there's tax on gifts too; and more specifically to our situation, my wife does not agree on giving them more at least for now. There’s not really an...
by Valuethinker
Fri Aug 17, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 324

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf. Yes, I have already to some extent. Two problems with that though: there's tax on gifts too; and more specifically to our situation, my wife does not agree on giving them more at least for now. There’s not really an...
by Valuethinker
Fri Aug 17, 2018 5:59 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 324

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf. Yes, I have already to some extent. Two problems with that though: there's tax on gifts too; and more specifically to our situation, my wife does not agree on giving them more at least for now. I believe if you live...
by Valuethinker
Fri Aug 17, 2018 5:57 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 324

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I am looking at possible ways to save on UK inheritance tax when the day comes. One of these is investing in shares in the UK AIM market. Has anyone here done this? As far as I see, there seem to be two problems: a. You would probably need an active manager to invest in that market, and b. There do...
by Valuethinker
Fri Aug 17, 2018 5:49 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4793

Re: Why bonds when they return nothing over inflation?

OP, In my opinion you are thinking about things correctly, as are other posters who point to the psychological aspect of bond holding; but yes, it is essentially taking money off the table. Those that argue for holding bonds to “buy low” when the market dips are really advocating for market timing....
by Valuethinker
Fri Aug 17, 2018 5:46 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4793

Re: Why bonds when they return nothing over inflation?

Yeah I understand that a global equities portfolio is not the same as having a portion in risk free assets, and as you said when there is a global collapse it all drops. My thinking is that unlike Japan that has had a massive amount of time in the trenches after the collapse, a global collapse will...
by Valuethinker
Fri Aug 17, 2018 5:04 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4793

Re: Why bonds when they return nothing over inflation?

jainn wrote:
Thu Aug 16, 2018 7:36 am
Jainn
Thank you.

I really enjoyed this piece of analysis re benefits of diversification etc.

The 2000s were not a great time for stock investors - thrilling ride but if you had retired at the beginning of that period, it would have been difficult.
by Valuethinker
Fri Aug 17, 2018 4:55 am
Forum: Investing - Help with Personal Investments
Topic: Index Fund Investing in Sweden, for Swede's
Replies: 12
Views: 616

Re: Index Fund Investing in Sweden, for Swede's

Looking specifically at the Vanguard FTSE All-World UCITS ETF (VWRL) https://www.vanguardinvestments.se/portal/instl/se/en/product.html#/fundDetail/etf/portId=9505/assetCode=equity/?overview Seems very similar to Vanguard VT, but I believe it is NOT available to a retail investor in Sweden? If not,...
by Valuethinker
Fri Aug 17, 2018 4:16 am
Forum: Investing - Help with Personal Investments
Topic: DCA investing or going into debt ?
Replies: 6
Views: 597

Re: DCA investing or going into debt ?

Hello, I got my first full-time job last week and will start working by the beginning of September. Net income will be around 3000 EUR (based in Europe). I want to save & invest 25% of the income. I have two solutions: -I invest each month 750 in the stock market -I can go easily into debt @0.90%/y...
by Valuethinker
Fri Aug 17, 2018 4:13 am
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 58
Views: 4318

Re: Bullish/bearish on GE? Make your case here - new lows today

GE is doing decade lows today. I bought $2000 worth at 12.xx today . In 2008, their low was ~$8.50. Today they're trading $12.xx. I can see it doing 8 unless it goes to zero which means I'll take heat for about 1/3 of my position size. If their old low marks the ultimate bottom. I don't really know...
by Valuethinker
Fri Aug 17, 2018 4:08 am
Forum: Investing - Help with Personal Investments
Topic: Enough. How do I invest in Australia.
Replies: 22
Views: 1485

Re: Enough. How do I invest in Australia.

Looking at those graphs it appears perhaps all of the Australian out performance is due to the 1930s. Australia didn't take much of a hit during great depression. The US lost much more than 50% After that I suspect the returns are pretty similar. Australia is somewhat of a natural resources commodi...
by Valuethinker
Thu Aug 16, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Chinese ETF or Gold or something else?
Replies: 17
Views: 1230

Re: Chinese ETF or Gold or something else?

Those money market funds I recommended pay 5% with minimal additional risk. 余额宝 Is already the world’s largest money market fund with almost $300B USD in assets. Not sure where you get the idea it’s not “serious”. Would you recommend Chinese corporate bonds for US investors? Like DSUM or CBON? I wo...
by Valuethinker
Thu Aug 16, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 23522

Re: Invest in Tesla?

Perhaps it's time for Elon to step down as CEO and put someone in charge who knows how to properly run a public company. I get that he's a "big ideas" guy who wants to change the world. That's fine. As CTO, he can do that, setting the direction of what Tesla is going to do. <snip> ha! Well said, an...
by Valuethinker
Thu Aug 16, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Enough. How do I invest in Australia.
Replies: 22
Views: 1485

Re: Enough. How do I invest in Australia.

There has been a claim, not the first I have heard on this site, that Australia securities have grown faster than US securities since 1900. I follow the data. I don't follow feelings. I don't follow schools of thought. I don't believe in International vs US. I don't care. I'm here to make money. Ho...
by Valuethinker
Thu Aug 16, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 566
Views: 33436

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

That's very true of most world markets. Australia, for instance, has a market capitalization of about $1.5 trillion. But the U.S. is roughly 50% of the world's market capitalization, over $30 trillion. The U.S. only investor is buying a stake in 50% of the world's stock; no other home-country-only ...
by Valuethinker
Thu Aug 16, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 7199

Re: Retire in Florida or Alabama?

Seawalls are obviously just one form of technology, you just listed a few others that are also effective and that can also be implemented incrementally. Well none of it is free. Expect taxes to go up. And if the OP's parents are retiring for the beaches, they will not protected with pumps. Agreed, ...
by Valuethinker
Thu Aug 16, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 7199

Re: Retire in Florida or Alabama?

My personal opinion is that due to climate change buying beach-front or beach-adjacent property anywhere in the southern half (and possibly even the northern half) of the United States is a risk not worth taking. In 20 years many of those areas will be unrecognizable. At the bare minimum the disrup...
by Valuethinker
Thu Aug 16, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Index Fund Investing in Sweden, for Swede's
Replies: 12
Views: 616

Re: Index Fund Investing in Sweden, for Swede's

A lot of folks use Investor AB as a sort of Berkshire Hathaway in Sweden. They own stakes in a wide swath of Sweden's large companies, but not quite as diversified as Berkshire. I don't own Berkshire, so don't recommend Investor AB, but people do equate the two in Sweden. Lovely company and all tha...
by Valuethinker
Thu Aug 16, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 566
Views: 33436

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

Depends on your dating of the Fall of Rome ;-). Note that the Roman Republic lasted a lot shorter time. The Roman Empire was very different - it was deliberately multicultural (making citizens of prominent members of *all* the subject peoples) and latterly Rome was capital in name only - the real c...
by Valuethinker
Thu Aug 16, 2018 7:08 am
Forum: Investing - Help with Personal Investments
Topic: Index Fund Investing in Sweden, for Swede's
Replies: 12
Views: 616

Re: Index Fund Investing in Sweden, for Swede's

I am trying to help a friend,who lives in Stockholm, and is trying to start investing in Sweden. She has read all the perquisite Boglehead material, but is having trouble finding access to true index funds there. I am struggling, as does google Translate it seems, and trying to decipher some of the...