Search found 41 matches

by winguy
Wed Jan 14, 2015 8:54 am
Forum: Investing - Theory, News & General
Topic: Do REITs have higher expected return than the broad market?
Replies: 3
Views: 786

Do REITs have higher expected return than the broad market?

Hi, I'm from Singapore. REITs are very popular here. There is a lot of seductive noise about REITs since a few years ago, from the media, blogs, forums, etc. I think it is largely due to its total return coming from distributions, which is a draw to many investors seeking "passive" income (I persona...
by winguy
Tue Dec 16, 2014 10:10 am
Forum: Investing - Theory, News & General
Topic: Bought in, and then they start tumbling
Replies: 67
Views: 10882

Re: Bought in, and then they start tumbling

Dear bogleheads, it has happened again. Bought on 15th according to plan, when local markets here dropped 1.0%. On 16th, it dropped 2.4%. Who knows what will happen next...

Stay the course and continue to buy on 15th of every month according to plan... :|
by winguy
Tue Sep 23, 2014 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Dilemma: manual buy & lower cost vs auto plan & higher cost
Replies: 6
Views: 608

Re: Dilemma: manual buy & lower cost vs auto plan & higher c

Thank you all for the replies so far. If ETF A and B track the same index AND then you sell ETF A and immediately buy ETF B, I don't see how you would sell low and buy high (or sell high and buy low) or whatever. Are you saying that ETF A and B are not held at the same custodian, so you would have t...
by winguy
Mon Sep 22, 2014 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Dilemma: manual buy & lower cost vs auto plan & higher cost
Replies: 6
Views: 608

Dilemma: manual buy & lower cost vs auto plan & higher cost

Dear Bogleheads, I am not from the US. I now am holding on to ETF A bought manually over the past few years. Roughly a year ago, a bank launched a regular savings plan which allows to buy into ETF B at a fixed date every month. I am interested in the plan as it is relatively hands off and can allow ...
by winguy
Sun Feb 02, 2014 10:19 pm
Forum: Investing - Theory, News & General
Topic: Bought in, and then they start tumbling
Replies: 67
Views: 10882

Re: Bought in, and then they start tumbling

Thanks for all the kind words.

Is January a bad time to buy? The red days continue...
by winguy
Thu Jan 30, 2014 9:14 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2340
Views: 1467496

Re: The Three Fund Portfolio

Whenever I'm tempted by individual stocks or home bias, I check back in here to keep my sanity. Thanks Bogleheads!
by winguy
Mon Jan 27, 2014 10:36 am
Forum: Investing - Theory, News & General
Topic: Bought in, and then they start tumbling
Replies: 67
Views: 10882

Bought in, and then they start tumbling

Hi, I seem to have a bad timing when it comes to making contributions to my portfolio. I only contribute quarterly. Last time I did so in bonds, it was just before bonds started to fall. Recently when I did so in stocks, it was just before the recent plunge. Although I know I am holding for the long...
by winguy
Tue Jan 21, 2014 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Non-US Investor - Portfolio Review [Singapore]
Replies: 33
Views: 5945

Re: Non-US Investor - Portfolio Review

Singapore citizen investing in VWRD , using Saxo platform. What platform are you using?
by winguy
Sun Jan 12, 2014 11:22 am
Forum: Investing - Help with Personal Investments
Topic: [Singapore] Which bond fund?
Replies: 7
Views: 990

Re: [Singapore] Which bond fund?

If you're so torn between them then have you considered investing in both? - Tim Hi, 1 fund is always simpler than 2. I prefer simplicity. But you have a point and I did consider that. But that presents another headache as there will be 1 more choice. 100% of (1), or 100% of (2), or 50% of (1) and ...
by winguy
Sat Jan 11, 2014 9:31 am
Forum: Investing - Help with Personal Investments
Topic: [Singapore] Which bond fund?
Replies: 7
Views: 990

[Singapore] Which bond fund?

Hi, I am from Singapore. I have been asking myself this question since a few years ago, and I find myself still asking the same question. Let me just narrow down to these 2 funds. +ve and -ve points are relative between the 2. (1) ABF Pan Asia Bond Index Fund (ETF listed on Hong Kong stock exchange,...
by winguy
Thu Nov 28, 2013 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Question about dividends in ETFs [Netherlands]
Replies: 9
Views: 1108

Re: Question about dividends in ETFs [Netherlands]

dutchie wrote:I'm looking at Vanguard FTSE All-World ETF, TER 0.25%, will be 0.20% in december
Hi, what is the source of this info?
by winguy
Sat Jul 13, 2013 11:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard FTSE All-World High Dividend Yield ETF
Replies: 14
Views: 3741

Re: Vanguard FTSE All-World High Dividend Yield ETF

Hi, I would like to revisit this. From this Larry Swedroe's article ( Does a high-dividend strategy help or hurt returns? ), If you ask, "Does a strategy of buying stocks that pay relatively high dividends outperform the market?," the answer is yes. Question: If you were to choose only 1 global equi...
by winguy
Thu Jul 11, 2013 5:56 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Vanguard FTSE All-World ETF on LSE: GBP or USD?
Replies: 5
Views: 3609

Re: Investing in Vanguard FTSE All-World ETF on LSE: GBP or

Hi,
Are you using Standard Chartered for VWRL? Don't use that as it is not cost effective. A better option is Saxo. It is VWRD though. The market maker spreads are decent enough for me.
by winguy
Fri Jun 14, 2013 11:25 pm
Forum: Personal Consumer Issues
Topic: Costco Natural Peanut Butter is Back!
Replies: 26
Views: 9030

Re: Costco Natural Peanut Butter is Back!

How about Adams unsalted natural peanut butter? Do you guys have it in your stores?
http://www.adamspeanutbutter.com/product
by winguy
Sun May 26, 2013 12:45 am
Forum: Investing - Theory, News & General
Topic: Swiss taxation (esp inheritance) for non-resident foreigner?
Replies: 1
Views: 590

Re: Swiss taxation (esp inheritance) for non-resident foreig

Any people from Europe or Asia (e.g. Hong Kong) can comment? Thanks.
by winguy
Sun May 26, 2013 12:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard FTSE All-World High Dividend Yield ETF
Replies: 14
Views: 3741

Re: Vanguard FTSE All-World High Dividend Yield ETF

What are Bogleheads' take on whether this is a good replacement for FTSE All-World as a core holding? How much of REITs are actually originally included FTSE All-World but not in FTSE All-World High Dividend? Note: FTSE All-World and FTSE All-World High Dividend in Vanguard UK's case are the standar...
by winguy
Fri May 24, 2013 11:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard FTSE All-World High Dividend Yield ETF
Replies: 14
Views: 3741

Re: Vanguard FTSE All-World High Dividend Yield ETF

Index factsheet:
http://www.ftse.com/Analytics/FactSheet ... Name=AWHDY

REITs excluded. Returns are highly similar to the parent index?
by winguy
Thu May 23, 2013 2:47 pm
Forum: Investing - Theory, News & General
Topic: Swiss taxation (esp inheritance) for non-resident foreigner?
Replies: 1
Views: 590

Swiss taxation (esp inheritance) for non-resident foreigner?

Hi, I am from Singapore. In the absence of decent index funds locally, we look at ETFs listed overseas. One popular option is Irish-domiciled ETFs (e.g. iShares) listed on the London Stock Exchange (LSE). The reason being there is no dividend withholding tax and no inheritance tax for amounts up to ...
by winguy
Sat May 18, 2013 1:46 am
Forum: Investing - Theory, News & General
Topic: Is Low-Vol Anomaly really explained by Value factor?
Replies: 51
Views: 3093

Re: Is Low-Vol Anomaly really explained by Value factor?

Hi,
How is minimum volatility doing at a time like this (new highs)?
by winguy
Fri May 10, 2013 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Please critique this Singaporean portfolio
Replies: 14
Views: 2352

Re: Please critique this Singaporean portfolio

Another factor that comes to mind is how well the Vanguard ETFs on LSE (i) correlate with their equivalent VTI/VT/VWO, and (ii) track the underlying index. Would someone be able to teach me how to go about calculating that? Hi, First you got to understand the ones on LSE track a different index. Na...
by winguy
Thu May 09, 2013 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Please critique this Singaporean portfolio
Replies: 14
Views: 2352

Re: Please critique this Singaporean portfolio

Once again, watch out for taxes of US-domiciled ETFs. http://www.bogleheads.org/forum/viewtopic.php?f=1&t=115334 Which local bond ETF are you looking at? ABF Singapore Bond ETF has an ER of about 0.27%. The downside is it has poor market making (large spreads). Equity: My personal take is not to go ...
by winguy
Tue Apr 30, 2013 8:03 am
Forum: Investing - Help with Personal Investments
Topic: 16, Singaporean, need advice
Replies: 34
Views: 10614

Re: 16, Singaporean, need advice

Hi durrrr. I find it surprising that you are very concerned about expense ratios, but not estate tax. Is this "cost" (which affect's your family's inheritance) not of concern to you?

See also:
http://www.wilfredling.com/content/view/814/9/
by winguy
Mon Apr 29, 2013 10:13 am
Forum: Investing - Theory, News & General
Topic: Is Low-Vol Anomaly really explained by Value factor?
Replies: 51
Views: 3093

Re: Is Low-Vol Anomaly really explained by Value factor?

Hi,

Since low volatility is explained by value and term risk, does that mean it'll not do well when interest rates rise?
by winguy
Sun Apr 28, 2013 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: 16, Singaporean, need advice
Replies: 34
Views: 10614

Re: 16, Singaporean, need advice

Hi durrrr. TedSwippet has explained it very well. Sorry for my poor explanation. Now you see where I'm coming from regarding the taxes? As for STI ETF, I am just an average Joe, not an expert. But I believe one of the reasons why Vanguard only recommends 20-40% of international equities for US inves...
by winguy
Fri Apr 26, 2013 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: 16, Singaporean, need advice
Replies: 34
Views: 10614

Re: 16, Singaporean, need advice

Hi durrrr. I wish I started at 16. :happy For overseas ETFs, look at London Stock Exchange (LSE) instead due to (1) no dividend withholding tax, and (2) no estate/inheritance tax (for amounts below the nil-rate band ). A simple equities portfolio would be STI ETF and Vanguard FTSE All-World ETF on L...
by winguy
Fri Mar 29, 2013 2:41 am
Forum: Investing - Theory, News & General
Topic: Is "Age in Bonds" dead? (From "The Affluent Investor:")
Replies: 60
Views: 10661

Re: Is "Age in Bonds" dead? (From "The Affluent Investor:")

I prefer a age-in-bonds (or similar) kind of de-risking glide path until I hit retirement, and then stick with a constant AA. For example, I could do age-in-bonds minus 10 until I am 60, and then keep a constant 50/50 for the rest of my life.
by winguy
Sun Feb 03, 2013 2:02 am
Forum: Investing - Help with Personal Investments
Topic: Avoid the dividend tax on foreign investors [Hong Kong]
Replies: 43
Views: 6839

Re: Avoid the dividend tax on foreign investors [Hong Kong]

Don't you have a broker to buy ETFs on the London Stock Exchange? No dividend withholding tax and a much higher estate tax-free limit. Search for UK nil rate band.
by winguy
Fri Dec 28, 2012 5:13 am
Forum: Investing - Help with Personal Investments
Topic: Your International vs. U.S. Stock Allocation?
Replies: 73
Views: 11400

Re: Your International vs. U.S. Stock Allocation?

How much total currency risk (stocks + bonds) should a Canadian/British/Japanese/etc limit to then? <40%?
by winguy
Thu Dec 27, 2012 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Your International vs. U.S. Stock Allocation?
Replies: 73
Views: 11400

Re: Your International vs. U.S. Stock Allocation?

So out of the total portfolio (equities + fixed income + others), <30% total currency risk is acceptable, >30% is not?
by winguy
Sun Dec 23, 2012 1:19 am
Forum: Investing - Theory, News & General
Topic: hidden risk in high yield bonds
Replies: 62
Views: 5979

Re: hidden risk in high yield bonds

Sorry let me rephrase.

Should I invest in HY bonds if they have currency risk?
by winguy
Sat Dec 22, 2012 10:47 pm
Forum: Investing - Theory, News & General
Topic: hidden risk in high yield bonds
Replies: 62
Views: 5979

Re: hidden risk in high yield bonds

Hi, I'm not from the US.

Should HY bonds entail currency risk? Eg USD HY bonds for me.
by winguy
Sun May 27, 2012 11:49 am
Forum: Investing - Theory, News & General
Topic: What would a Greek boglehead do?
Replies: 73
Views: 5878

Re: What would a Greek boglehead do?

I think OP raised a very good question, something which I've long thought about. This does not just apply to Greece but to any country which is only a very small % of the total world market cap and has its own currency . The Bogleheads/passive teachings are pretty straightforward when applied to US ...
by winguy
Sat Mar 17, 2012 8:40 am
Forum: Investing - Theory, News & General
Topic: second part: rapid growth of dividend strategy
Replies: 50
Views: 4048

Re: second part: rapid growth of dividend strategy

Hi, Larry Swedroe says that "High div strategy is nothing more than value strategy, and with the lowest value premium compared to other metrics". Question: In the UK, using Emerging Markets as an example, where an investor only has access to either (1) a broad-based MSCI EM ETF (optimized replicatio...
by winguy
Thu Jan 26, 2012 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Replace EM with EM Dividend?
Replies: 7
Views: 1196

Re: Replace EM with EM Dividend?

Dear Bogleheads, I am not financially literate, and so I need your help on this. I have more or less decided to switch to EM dividend. However I have 2 funds/indices to choose from: Dow Jones Emerging Markets Select Dividend Index S&P Emerging Markets Dividend Opportunities Index Some back-tested in...
by winguy
Sun Jan 15, 2012 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Estate duty on non-US resident
Replies: 28
Views: 4049

Re: Estate duty on non-US resident

Hi avbferry, If I am right on where you are from ( :D ), imo there really isn't any better choice than UK (consider estate tax AND dividend withholding tax). Unless (i) you can put aside a lot of money for your equity investments and (ii) your equities portfolio are 100% in LSE-listed ETFs, what are...
by winguy
Sat Jan 07, 2012 3:16 am
Forum: Investing - Help with Personal Investments
Topic: Replace EM with EM Dividend?
Replies: 7
Views: 1196

Re: Replace EM with EM Dividend?

Thank you for all your replies. I note that for my case, the prudent way is to diversify and own both EM broad market and EM dividend, as past performance does not predict future performance, and so one does not know which will perform better for the next 20 years. However, such an "slice-and-dice" ...
by winguy
Tue Jan 03, 2012 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Replace EM with EM Dividend?
Replies: 7
Views: 1196

Re: Replace EM with EM Dividend?

Appreciate any advice/help rendered! :wink:
by winguy
Mon Jan 02, 2012 5:36 am
Forum: Investing - Help with Personal Investments
Topic: Replace EM with EM Dividend?
Replies: 7
Views: 1196

Replace EM with EM Dividend?

Hi, I am not from the US, and I invest in ETFs listed on the London Stock Exchange (LSE). My equities portion asset allocation is split between my home country, MSCI World and MSCI EM (exact allocation doesn't matter because that's not the point of the topic here). I came to learn of 2 dividend focu...
by winguy
Sat Dec 24, 2011 1:26 am
Forum: Investing - Theory, News & General
Topic: Is Home Bias necessarily bad?
Replies: 51
Views: 6064

Re: Is Home Bias necessarily bad?

IMO the right starting place is world cap weighting, then add small home country bias to account for higher costs of international funds and lower tax efficiency, so say 50% international instead of almost 60%. And 40% is better than 30 and 30 is better than 20. Here's a video I came across a few m...
by winguy
Mon Dec 05, 2011 3:32 am
Forum: Investing - Theory, News & General
Topic: iShares MSCI All Country World Min Vol ACWV
Replies: 15
Views: 3831

Re: iShares MSCI All Country World Min Vol ACWV

The expense ratios are surprisingly reasonable: iShares MSCI USA Minimum Volatility Index Fund (NYSEArca: USMV), 0.15% iShares MSCI EAFE Minimum Volatility Index Fund (NYSEArca: EFAV), 0.20% iShares MSCI Emerging Markets Minimum Volatility Index Fund (NYSEArca: EEMV), 0.25% iShares MSCI All Country...