Search found 212 matches

by wesgreen
Mon Jun 22, 2020 7:37 pm
Forum: US Chapters
Topic: Happy Birthday Mel Lindauer - 6/22/2020
Replies: 58
Views: 3087

Re: Happy Birthday Mel Lindauer - 6/22/2020

Happy birthday, Mr. Lindauer, and thank you for the help!
by wesgreen
Mon Jun 15, 2020 5:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11579

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

I hope Vanguard is wrong as I completely exited Int'l this year... I never entered international. I have always subscribed to Jack Bogle's view that a US total stock index provides sufficient exposure to global markets while avoiding the risks unique to international stocks. In 2010, I had a financ...
by wesgreen
Sun Jun 14, 2020 5:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11579

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

I hope Vanguard is wrong as I completely exited Int'l this year... I never entered international. I have always subscribed to Jack Bogle's view that a US total stock index provides sufficient exposure to global markets while avoiding the risks unique to international stocks. In 2010, I had a financ...
by wesgreen
Fri Jun 12, 2020 8:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%
Replies: 120
Views: 11579

Re: Vanguard projects 10 year returns: TSM 6.5% Int'l 9.5%

I enjoy seeing them embarrass themselves, because their bad advice cost me a lot of money. Twenty years later, I'm back to striktly sticking with John Bogle. But the more I see them move away from his principles, the more I worry about having my savings there.
by wesgreen
Thu May 07, 2020 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy this annuity?
Replies: 18
Views: 1287

Re: Should I buy this annuity?

To me, it seems that the inflation risk may have grown for the medium term, as a result of the US's response to the Corona virus. The situation looks very different compared to 3 months ago.
by wesgreen
Mon Apr 27, 2020 9:07 am
Forum: Personal Investments
Topic: Why international?
Replies: 636
Views: 42537

Re: Why international?

Good luck! Nobody can know when the bottom is here, and it doesn't matter much in the long term view. I finally ditched VTIAX after many years last year and transferred to VTSAX the same day. The additional peace of mind I have had since then is quite enjoyable. I always remember "It's about time in...
by wesgreen
Mon Apr 20, 2020 7:49 pm
Forum: Personal Consumer Issues
Topic: Anybody sell 1 MB or 5 MB internet and how much? I don't need high speed internet at $50-$60 a month.
Replies: 17
Views: 1271

Re: Anybody sell 1 MB or 5 MB internet and how much? I don't need high speed internet at $50-$60 a month.

You could check out Freedompop. I have two sim cards from them with 200 mbs free each per month. But only if you're up for reading about and observing their small print foot angles. Slick Deals has some informative threads on them.
by wesgreen
Tue Mar 31, 2020 8:22 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18539

Re: Why does anyone invest in international funds?

I think in part because there's a lot of bad advice out there, by Vanguard and, unfortunately, even on this forum. Once you realize John Bogle was once again right, you get out of it. If you wait as long as I did, and are 100% equity, it can become a quite expensive lesson.
by wesgreen
Thu Mar 19, 2020 2:28 pm
Forum: Personal Investments
Topic: Wiring funds from foreign bank to Vanguard US account
Replies: 4
Views: 229

Re: Wiring funds from foreign bank to Vanguard US account

I was unable to make a Transferwise transfer from abroad to my Vanguard account. I wonder if anyone ever managed to do that. VGD customer service was no help.
by wesgreen
Thu Mar 19, 2020 2:22 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1184
Views: 121301

Re: Jack Bogle - Two Fund Portfolio

Staying the course, mostly out of laziness. I'll get excited about investing again the next time the Dow hits a new record. I'm really glad I finally added some bonds 2 years ago, and dumped VTIAX last year (not the kind of diversification I want). Of course VTIAX will have it's day when the dollar ...
by wesgreen
Mon Mar 09, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3136
Views: 543319

Re: What are you up YTD? [Year To Date]

Ask me again when there's a new Dow record. That's the only time I become really interested.
by wesgreen
Thu Feb 20, 2020 8:21 pm
Forum: Personal Consumer Issues
Topic: Guitar for a 45 year old beginner
Replies: 52
Views: 4048

Re: Guitar for a 45 year old beginner

Good advice here from the B'heads! Much better than on international investing! Yamaha especially, and Fender too, make good stuff. On the other hand, I've seen enough great guitar players play amazing music with "terrible" / cheap guitars over my lifetime to realize that the instrument doesn't matt...
by wesgreen
Fri Feb 14, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: Does International investment still make sense?
Replies: 312
Views: 15821

Re: Does International investment still make sense?

[ quoted post removed by admin LadyGeek]

+1

Stef, I believe shareholder protections and oversight are stronger in some European countries than in the US, and literacy, educational achievement and life expectancy higher. I don't invest there currently, but I wouldn't write the EU off long term.
by wesgreen
Wed Feb 12, 2020 3:17 pm
Forum: Investing - Theory, News & General
Topic: Does International investment still make sense?
Replies: 312
Views: 15821

Re: Does International investment still make sense?

I finally ditched my VTIAX last September, to the predictable jeers here, when I mentioned it. Works for me. Long (and expensive) experience taught me to value Bogle's advice over Vanguard's and Bogleheads', when they disagree.
by wesgreen
Sun Dec 29, 2019 10:08 pm
Forum: Investing - Theory, News & General
Topic: Joe Davis, Vanguard's global chief economist, is my guest for this 2020 "Bogleheads on Investing" podcast.
Replies: 38
Views: 3023

Re: Joe Davis, Vanguard's global chief economist, is my guest for this 2020 "Bogleheads on Investing" podcast.

I'd like to know who at Vanguard will accept responsibility for their aggressive pushing of investors into imternational stocks, which has forced many to have to postpone retirement. And when, and how.
by wesgreen
Fri Dec 27, 2019 3:08 pm
Forum: Personal Investments
Topic: International Fund
Replies: 28
Views: 2271

Re: International Fund

It would be great if we could get an "Ignore List" for this forum.
by wesgreen
Sun Dec 15, 2019 11:06 am
Forum: Investing - Theory, News & General
Topic: Fidelity on International Markets
Replies: 48
Views: 3755

Re: Fidelity on International Markets

And sometimes new members who post a portfolio that includes international stock funds are told to only own US stocks. [snip by lazyday] Is that really happening? Yes. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=295924 Member's first post is about high expenses and simplifying a portfolio ...
by wesgreen
Sun Dec 15, 2019 9:08 am
Forum: Investing - Theory, News & General
Topic: Fidelity on International Markets
Replies: 48
Views: 3755

Re: Fidelity on International Markets

More than just advocacy. His investment advice has proven right, he started index funds, etc. Again, easy to find. Since you seem to disagree with his recommendations, I'm curious how that has worked out for you?
by wesgreen
Sat Dec 14, 2019 8:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity on International Markets
Replies: 48
Views: 3755

Re: Fidelity on International Markets

As soon as any of the analysts who write these papers contradicting John Bogle acquire a track record comparable to Bogle's, I will give their arguments comparable weight. Very well said! :sharebeer what is bogle's investing track record? i dont think ive ever seen it posted. From everything we kno...
by wesgreen
Sat Dec 14, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Fidelity on International Markets
Replies: 48
Views: 3755

Re: Fidelity on International Markets

As soon as any of the analysts who write these papers contradicting John Bogle acquire a track record comparable to Bogle's, I will give their arguments comparable weight.
by wesgreen
Sat Dec 14, 2019 2:19 pm
Forum: Investing - Theory, News & General
Topic: Domestic v. International Megathread
Replies: 64
Views: 4263

Re: Domestic v. International Megathread

Thank you very much for those links, oldzey. MVP of the thread for me, so far! As of yesterday, Brexit looks certain to finally happen. The pound is up at the moment, but the longer term impact on British equity in International will be interesting to watch. So far I don't regret finally cutting my ...
by wesgreen
Tue Oct 15, 2019 1:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 13950

Re: Vanguard: the case for global equity investing

Studying history, one can also see that great empires usually decline very gradually, over centuries. Some think that the US was at it's peak as a world power about 40 years ago. If so, it looks like a very gradual decline to me so far. My investment horizon is not THAT long, unfortunately. TomCat96...
by wesgreen
Tue Oct 08, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1477
Views: 173180

Re: What frugal thing did you do today?

I hope she remembers you the next time you eat there.
by wesgreen
Thu Oct 03, 2019 6:20 pm
Forum: Investing - Theory, News & General
Topic: Know when to hold them and when to fold them......
Replies: 148
Views: 15210

Re: Know when to hold them and when to fold them......

"Nobody knows how international is going to perform compared to domestic in the rest of your lifespan. Any dope can get an internet connection and post here. What possible value can come from starting another international vs domestic stock thread?" Nobody knows how REIT is going to perform compared...
by wesgreen
Sat Sep 28, 2019 1:11 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 33392

Re: VTIAX International fund - should I give up on it?

Good points. It also depends on your Bonds/Stock mix. At 100% equity, like I was, you're bound to be more concerned about your Int. equity allocation than at 50% Stocks/50% Bonds. One scenario economists bring up, that could change the game, would be the US dollar losing it's status as reference cur...
by wesgreen
Fri Sep 27, 2019 2:33 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 33392

Re: VTIAX International fund - should I give up on it?

It's Vanguard's prediction, not mine. I don't have a crystal ball.
by wesgreen
Fri Sep 27, 2019 10:42 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 33392

Re: VTIAX International fund - should I give up on it?

That could happen, but what matters is your personal investment horizon, not the short term. We should already be well into this decade of Int. out performance, long predicted by Vanguard and others. The under performance vs. US so far will logically have to be compensated by tremendous out performa...
by wesgreen
Mon Sep 23, 2019 11:54 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 33392

Re: VTIAX International fund - should I give up on it?

If I were him, I wouldn't have republished that article from 20 years ago. Vanguard Total Intl Stock Index Inv., which he recommended then, has averaged 4.58% since inception 23 years ago. Not impressed.
by wesgreen
Mon Sep 23, 2019 9:15 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 33392

Re: VTIAX International fund - should I give up on it?

I would tell them to read Bogle, and about Bogle, and as many other works on investing as possible, and then make their own decisions. The world will be a very different place 60 years from now, but most historical change happens gradually.
by wesgreen
Mon Sep 23, 2019 8:22 am
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 33392

Re: VTIAX International fund - should I give up on it?

I'm more optimistic than you about the European project, but not sure as to how that will translate for my personal investing. As to "A question for those throwing in the towel after being in international for a long time: given the same amount of U.S. underperformance in the future over your chosen...
by wesgreen
Sun Sep 22, 2019 8:11 pm
Forum: Personal Investments
Topic: VTIAX International fund - should I give up on it?
Replies: 297
Views: 33392

Re: VTIAX International fund - should I give up on it?

I'm out of VTIAX, finally, as of last week. For years I've been telling myself to wait until the dollar weakens again, which it will, eventually. But if that doesn't happen soon, I'm probably better off pulling the plug right now. To each his own - I just can't afford the long term drag on my portfo...
by wesgreen
Sun Sep 08, 2019 8:35 pm
Forum: Personal Investments
Topic: Middle Age people with low savings need to take on more investment risk than is normal?
Replies: 52
Views: 6261

Re: Middle Age people with low savings need to take on more investment risk than is normal?

100% equities worked for me in that situation, but it won't for everybody. I tell my friends to start reading John Bogle and our Wiki, and then read some more, and then to make their own decisions.
by wesgreen
Wed May 15, 2019 7:55 pm
Forum: Non-US Investing
Topic: Is SWR lower for international stock holders?
Replies: 9
Views: 1137

Re: Is SWR lower for international stock holders?

There's been lots of advice on international investing given on this forum over many years, contradicting Mr.Bogle, and the historical record. I would recommend looking up the numbers yourself. I suspect the answer you'll come up with is "yes". You might want to invest in international anyway, for y...
by wesgreen
Fri May 10, 2019 9:46 pm
Forum: Investing - Theory, News & General
Topic: Happy Heavenly 90th Birthday, Jack Bogle
Replies: 11
Views: 1476

Re: Happy Heavenly 90th Birthday, Jack Bogle

And what a happy day indeed for many of us. He enabled the average person to do as well as the big guys and the pros with their investments. I think of the countless good deeds that have been accomplished with the proceeds, and all the artists, writers and musicians who were, like myself, able to pe...
by wesgreen
Fri Apr 26, 2019 10:14 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 18675

Re: Dump international?

I don’t hold any international equities, but rather follow the general advice given by Buffett and Bogle that it isn’t necessary. U.S. markets are more expensive because they are worth more. Why do I want to take on the political, accounting, and currency risk of international equities. U.S. multin...
by wesgreen
Sun Mar 17, 2019 7:25 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 246
Views: 47792

Re: What's your U.S. : International ratio?

The main reason for US outperformance over the past 10-15 years has been the rise of tech giants like Amazon and Facebook. There's no such thing as this in Europe, Japan or other countries. The most valuable company in Europe today is Nestle. Consumer staples like this are not known for explosive g...
by wesgreen
Fri Mar 08, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: Why does Vanguard use a 40% allocation to International in their Balanced Funds?
Replies: 60
Views: 8780

Re: Why does Vanguard use a 40% allocation to International in their Balanced Funds?

Instead they just keep doubling down. Of course they're bound to get some relief when eventually the dollar swings back down. Will that be enough, or will John Bogle turn out to have been right once again, at least for US investors for the intermediate future? There's a lot more than stock analysis ...
by wesgreen
Fri Mar 08, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: Grantham: US will return 2% real next 2 decades
Replies: 173
Views: 18633

Re: Grantham: US will return 2% real next 2 decades

DB2 wrote:
Fri Mar 08, 2019 12:44 pm
People are ripping him, but Vanguard and Morningstar are predicting notably higher returns with international vs. U.S. over the next 10 years.
Thanks for reminding us! There's some company to be in for Vanguard.
by wesgreen
Sun Feb 24, 2019 10:19 pm
Forum: Investing - Theory, News & General
Topic: "You're More Internationally Diversified Than You (Probably) Realize"
Replies: 139
Views: 11501

Re: "You're More Internationally Diversified Than You (Probably) Realize"

They may still get bailed out, but I can see Vanguard under pressure before too long, to justify steering so many US investors away from Total US into Int., to their detriment, and for so many years now. Cost me a bundle, that's for sure.
by wesgreen
Sun Feb 03, 2019 8:53 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 699
Views: 56949

Re: Larry Swedroe: 3% is the new 4%

That makes sense, for him and his followers. On the other hand, if you don't take Mr. Swedroe's recommendation to invest in Int., but instead follow Mr. Bogle's investment advice, I believe 4.5% could be the new 4%.
by wesgreen
Wed Jan 16, 2019 7:51 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 61073

Re: John Bogle is dead at 89

Thank you, Mr. Bogle. I owe you a lot.
by wesgreen
Sun Dec 23, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard says international will beat US stocks in next decade
Replies: 155
Views: 16808

Re: Vanguard says international will beat US stocks in next decade

At least the dollar is bound to drop back down at some point. I hope Vanguard gets lucky and is right about this (international stocks to outperform U.S. stocks over the next 10 years by a margin of 3 to 3.5 percent), but I'll believe it when I see it. That would be a long awaited chance to finally ...
by wesgreen
Sun Nov 25, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 27853

Re: What is your allocation to U.S. and International?

I wonder how much longer until we'll see someone at Vanguard lose their job or pay a price for steering people into INTL. the way they did and do. It did make a big difference in the long run, and it cost me and many others a big chunk of our retirement we'll never get back. And after all these deca...
by wesgreen
Wed Nov 07, 2018 4:41 pm
Forum: Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 10578

Re: Move savings to Prime Money Market Fund (VMMXX)

Vanguard's Prime Money Market Fund works well as a checking account, but you're only allowed to write checks for at least $250.00.
by wesgreen
Tue Oct 30, 2018 11:36 pm
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 7496

Re: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]

Giddy that my problem is becoming smaller and smaller, maybe. At least I can be grateful that I stopped rebalancing into it over 10 years ago.
by wesgreen
Wed Oct 17, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 315
Views: 20675

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

staythecourse wrote: All I can say about this argument is the majority of folks who support U.S. centric only investments are: 1. U.S. raised and 2. Old (80+). Sorry but this thought process is nearly (if ever) recommended by anyone outside of those 2 characteristics. It just proves that no matter h...
by wesgreen
Wed Oct 17, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: your favorite ereader?
Replies: 28
Views: 1677

Re: your favorite ereader?

My phone, with the free FBreader Android app. I set the background to black and the text to green.
by wesgreen
Thu Oct 11, 2018 7:50 pm
Forum: Personal Investments
Topic: Time to sell international funds in 401k
Replies: 10
Views: 1683

Re: Time to sell international funds in 401k

One year's returns don't mean much. If your total INTL allocation is under 10%, I wish I was in your situation (I'm still sitting on 22%). You might as well wait and see if it recovers someday and then sell. Selling when you're down is rarely a good idea. I wonder if you could transfer to something ...