Search found 191 matches

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: 12332

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: 1082
Views: 121450

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: 13995

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: 27363

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: 27363

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: 27363

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: 27363

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: 27363

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: 27363

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: 27363

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: 5972

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: 1061

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: 1429

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: 17289

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: 46259

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: 7424

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: 17947

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: 10909

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: 662
Views: 50362

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: 57747

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: 16495

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: 23488

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: 10024

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: 6994

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: 203
Views: 12620

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: 1581

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: 1624

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 ...
by wesgreen
Fri Oct 05, 2018 12:29 pm
Forum: Forum Issues and Administration
Topic: 10 years - thank you forum admins and posters
Replies: 4
Views: 1037

Re: 10 years - thank you forum admins and posters

Ditto. Especially to the veterans for their patience.
by wesgreen
Tue Sep 25, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 27685

Re: What is your single most expensive mistake?

Investing in International. I plan on sticking with John Bogle's advice from now on.
by wesgreen
Wed Aug 29, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 117442

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

Every time I open my web account page, they're trying to push me to further increase my Intl. percentage. I wish I had ignored them years ago and stuck with Mr. Bogle's advice. Who knows, maybe it'll pay off big for their target funds in a few years. I still wonder why they feel the need to be so ag...
by wesgreen
Tue Aug 21, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 117442

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

I can see Vanguard heading for a world of pain from angry investors some day if Intl. doesn't "revert to the mean" in a few years.
by wesgreen
Fri Aug 17, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 117442

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

I would like to revisit this thread in 5 years, and then again in another 5 years, and then see who changes their minds. At least I was smart enough to stop rebalancing into Int. ca. 12 years ago. Going against John Bogle's advice on this was the biggest mistake of my investing career, and I probabl...
by wesgreen
Tue Apr 17, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: How Warren Buffett Won His Multi-Million Dollar Long Bet
Replies: 27
Views: 4477

Re: How Warren Buffett Won His Multi-Million Dollar Long Bet

Protégé Partners specializes in fund-of-hedge-funds investing. That was their schtick, that's why Seides did it. In their words, Through tenured judgment, deep-dive due diligence and pro-active risk management, we strive to identify best-in-class managers and put capital to work through arms-length...
by wesgreen
Thu Apr 05, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 14831

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Here's a post in another thread I found interesting and pertaining to our discussion: Re: How much international stock? A suggestion. Post by oldzey » Wed Apr 04, 2018 7:56 pm "The inception date of Vanguard Total Stock U.S. Stock Market Index Fund (VTSMX) was 4/27/1992. The inception date of Vangu...
by wesgreen
Thu Apr 05, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 14831

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

Here's a post in another thread I found interesting and pertaining to our discussion: Re: How much international stock? A suggestion. Post by oldzey » Wed Apr 04, 2018 7:56 pm "The inception date of Vanguard Total Stock U.S. Stock Market Index Fund (VTSMX) was 4/27/1992. The inception date of Vangua...
by wesgreen
Tue Apr 03, 2018 11:12 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 14831

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

"So if you bet entirely on one of the two largest stock markets in 2000 (note that this graph starts after Japan's big crash and gets much, much, much worse if you go back another 5 or 10 years), and you picked wrong, you'd have had dismal returns versus great returns." There are many historical, g...
by wesgreen
Sun Apr 01, 2018 9:04 pm
Forum: Investing - Theory, News & General
Topic: The "American companies I invest in already have international exposure" argument --- valid or not?
Replies: 139
Views: 14831

Re: The "American companies I invest in already have international exposure" argument --- valid or not?

"So if you bet entirely on one of the two largest stock markets in 2000 (note that this graph starts after Japan's big crash and gets much, much, much worse if you go back another 5 or 10 years), and you picked wrong, you'd have had dismal returns versus great returns." There are many historical, ge...
by wesgreen
Tue Mar 27, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Purchasing an instrument
Replies: 25
Views: 1634

Re: Purchasing an instrument

Rent. Wait until your daughter wants her own bad enough to beg for it.
by wesgreen
Sat Mar 24, 2018 2:21 pm
Forum: Personal Consumer Issues
Topic: Indoor plant recommendations
Replies: 6
Views: 826

Re: Indoor plant recommendations

I find Yucca plants nice, and I haven't killed one yet.
by wesgreen
Wed Feb 21, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can you transfer money with TransferWise directly to Vanguard?
Replies: 9
Views: 1105

Re: Can you transfer money with TransferWise directly to Vanguard?

Thank you very much for all the responses. I had not even thought of setting up direct deposit in Vanguard for Transferwise, because these are only occasional transactions at varying amounts. It may be worth a try, as I didn't see any requirement excluding those. However, Vanguard asks you to submit...
by wesgreen
Tue Feb 20, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can you transfer money with TransferWise directly to Vanguard?
Replies: 9
Views: 1105

Can you transfer money with TransferWise directly to Vanguard?

I would like to send money from abroad via TransferWise directly to my Vanguard Prime Money Market account. When I choose "bank transfer" on their website, TransferWise asks me for routing and account numbers. Vanguard CS tells me Vanguard doesn't have a routing number. Does anybody know if I can us...
by wesgreen
Sat Feb 17, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 152
Views: 12924

Re: philosophicaleconomics predicts 4% real equity returns

Future U.S. Equity Returns: A Best-Case Upper Limit Posted on January 15, 2018 by philosophicalecon@gmail.com http://www.philosophicaleconomics.com/2018/01/future-u-s-equity-returns-a-best-case-upper-limit/ I find this article highly fascinating. It confirms a hunch I've had all along that inflated...
by wesgreen
Sat Feb 17, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 19
Views: 4501

Re: Use of TransferWise to move money - my experience - your thoughts?

I would like to send money via TransferWise directly to my Vanguard Prime Money Market account. When I choose "bank transfer" on their website, TransferWise asks me for routing and account numbers. Vanguard CS tells me Vanguard doesn't have a routing number. Does anybody know if I can use Vanguard's...
by wesgreen
Sat Feb 10, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: Folding bicycles
Replies: 29
Views: 2723

Re: Folding bicycles

I'm almost 6'4''. That (besides the price, weight and design) is why I avoid Brompton bikes. Tern I avoid (besides the price and weight)because their frames fall apart. My Dahon Vitesse D3 ($500, plus $125 for a better crank/chainring) rides pretty much like a big bike after it was set up right, bet...