Search found 4468 matches

by AlohaJoe
Mon Jun 24, 2019 1:53 am
Forum: Investing - Theory, News & General
Topic: RIP to value investing...
Replies: 40
Views: 4418

Re: RIP to value investing...

I’m confused, so does the mean Vanguard Small Cap Value Fund won’t give me a decent return? Not at all. Conversations about value and factors are almost always about relative returns. VIOV, Vanguard's small cap value ETF, has returned 9.5% a year since 2010. That's at a time when many (most?) pundi...
by AlohaJoe
Sun Jun 23, 2019 9:21 pm
Forum: Non-US Investing
Topic: Australian citizen investing in Australian property from the USA
Replies: 12
Views: 569

Re: Australian citizen investing in Australian property from the USA

Do we get a loan via an Australian bank as if we were current residents? You can ask them. Most banks don't give loans to people who aren't current residents and don't have any income in the country. Their processes just aren't set up to really deal with it. You might have to call around to a few p...
by AlohaJoe
Sun Jun 23, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 457
Views: 105542

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

The description of the prime strategy is very vague. It says when the total of the stocks reaches 120% to sell 20%. Does this mean to sell the 20% that’s above 100%, or 20% of the total to bring it to 96%? I’ve seen both interpretations... The book says "If stock assets are greater than 120% of the...
by AlohaJoe
Sun Jun 23, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Signing Bonus Taxes: When does income count as "income?"
Replies: 9
Views: 921

Re: Signing Bonus Taxes: When does income count as "income?"

It is my understanding that you pay state income in the state in which you reside on all your work income regardless of where that money is earned. Nope that's not how it works; see the many many many many stories about New York & California. You'll need to read the actual laws from both states you...
by AlohaJoe
Sat Jun 22, 2019 7:36 am
Forum: Non-US Investing
Topic: Why no total US market ETF outside US - only S&P500
Replies: 5
Views: 478

Re: Why no total US market ETF outside US - only S&P500

There is US total market ETFs available outside of the US, so your sweeping generalization is wrong. Here's Australia https://www.vanguardinvestments.com.au/retail/ret/investments/product.html#/fundDetail/etf/portId=0970/assetCode=equity/?overview Here's Mexico https://www.vanguardmexico.com/web/cf/...
by AlohaJoe
Fri Jun 21, 2019 9:22 pm
Forum: Investing - Theory, News & General
Topic: Net worth and risk tolerance
Replies: 28
Views: 3974

Re: Net worth and risk tolerance

alexfoo39 wrote:
Fri Jun 21, 2019 9:15 pm
So which is which? :|
Yep, there are two interpretations.

Not everything in life has a single, simple answer that everyone agrees on.
by AlohaJoe
Fri Jun 21, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Minimizing financial risk in case of disability
Replies: 12
Views: 1053

Re: Minimizing financial risk in case of disability

The wiki talks about disability insurance and might answer your questions: https://www.bogleheads.org/wiki/Disability_insurance
by AlohaJoe
Thu Jun 20, 2019 10:29 pm
Forum: Investing - Theory, News & General
Topic: How to calculate stock picking performance?
Replies: 34
Views: 1375

Re: How to calculate stock picking performance?

After you calculated your return, next calculate your risk adjusted return. i.e. Beta/Alpha. For the past 10 years it had been easy to outperform the market- all you had to do was pile on risk - no skill needed, just luck. You probably also want to calculate active share -- https://www.investopedia...
by AlohaJoe
Wed Jun 19, 2019 10:59 pm
Forum: Investing - Theory, News & General
Topic: Facebook Libra Cryptocurrency - effect on stocks or bonds?
Replies: 42
Views: 3537

Re: Facebook Libra Cryptocurrency - effect on stocks or bonds?

3) The impact on capital controls will be interesting. On one hand, it is near impossible for most emerging market governments to prevent people from using the currency. On the other hand, the block chain makes it far easier to get caught using black market exchanges. Might be interesting to watch ...
by AlohaJoe
Wed Jun 19, 2019 9:36 pm
Forum: Investing - Theory, News & General
Topic: Facebook Libra Cryptocurrency - effect on stocks or bonds?
Replies: 42
Views: 3537

Re: Facebook Libra Cryptocurrency - effect on stocks or bonds?

Since Libra claims they will be tied to US T bonds, etc., they should purchase a large amount of US government bonds, that should drive long term bond prices up. Even if Libra takes off, it will have no effect on long term bond prices. An analysis like this -- that is all words with no numbers or d...
by AlohaJoe
Wed Jun 19, 2019 2:07 am
Forum: Non-US Investing
Topic: Choosing between EU and US domiciled ETFs
Replies: 11
Views: 531

Re: Choosing between EU and US domiciled ETFs

I have IB account with my non-EU (home country) residence info So you lied to IB? They clearly ask you to list "Country where you currently live", "Country where you pay taxes", or "Place where you work or attend school permanently or indefinitely". If you didn't tell IB you are in Ireland then you...
by AlohaJoe
Tue Jun 18, 2019 8:51 pm
Forum: Investing - Theory, News & General
Topic: Investing in Multiple Streams of Income? (NOT get rich quick)
Replies: 89
Views: 6969

Re: Investing in Multiple Streams of Income? (NOT get rich quick)

One of the key ingredients to wealth building which I see pop up, again and again, is having multiple sources of income. FWIW, this is a complete myth. No one ever provides anything remotely close to actual evidence. Just a lot of talk. Go look at the list of the Top 100 richest people in the world...
by AlohaJoe
Tue Jun 18, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Why are Vanguard's distribution dates all over the place?
Replies: 6
Views: 994

Re: Why are Vanguard's distribution dates all over the place?

Normally by the first of the next month, all the dividends have been paid to my sweep account. Heh, count yourself lucky that you don't own any Vanguard Australia funds! My Q1 VEU.AX (the Australian version of VEU, FTSE all-world ex-us) has a record date of 26 March but a payment date of 24 April. ...
by AlohaJoe
Tue Jun 18, 2019 9:34 am
Forum: Investing - Theory, News & General
Topic: Why are Vanguard's distribution dates all over the place?
Replies: 6
Views: 994

Why are Vanguard's distribution dates all over the place?

I've long wondered about this and some recent threads about VTSAX Q2 distributions being sooner & lower than previously reminded me of it When I look at BlackRock they seem to have a sensible policy about distributions. https://www.ishares.com/us/literature/distribution-information/ishares-distribut...
by AlohaJoe
Tue Jun 18, 2019 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Is it legal to exclude residents from 401k plans?
Replies: 2
Views: 494

Re: Is it legal to exclude residents from 401k plans?

A very large, state-wide hospital system specifically excludes resident physicians from contributing to the 401k plan. Residents and fellows are the only full-time employees excluded, and the hospital employs thousands of residents/fellows, some for 7 or more years. The residents are employed by th...
by AlohaJoe
Mon Jun 17, 2019 11:29 pm
Forum: Investing - Theory, News & General
Topic: Do VG reps/execs read this website for improvement suggestions?
Replies: 9
Views: 963

Re: Do VG reps/execs read this website for improvement suggestions?

I doubt this forum provides any feedback they're not already getting from the people who call them. They have several thousand customer support agents fielding a dozen or more calls a day. The (back of envelope estimate) 15,000 calls a day they get almost certainly provide more feedback than the pos...
by AlohaJoe
Mon Jun 17, 2019 8:51 pm
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 457
Views: 105542

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

With the release of the JST (Jorda-Schularik-Taylor) database of global returns, I thought I'd take a quick play with it by resurrecting this old thread and seeing how PrimeHarvesting did versus a 60/40 portfolio with annual rebalancing in the various countries the JST database provides returns for...
by AlohaJoe
Mon Jun 17, 2019 6:58 am
Forum: Investing - Theory, News & General
Topic: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]
Replies: 457
Views: 105542

Re: [Book: Living off Your Money, by M. McClung (Prime Harvesting)]

With the release of the JST (Jorda-Schularik-Taylor) database of global returns, I thought I'd take a quick play with it by resurrecting this old thread and seeing how PrimeHarvesting did versus a 60/40 portfolio with annual rebalancing in the various countries the JST database provides returns for....
by AlohaJoe
Sun Jun 16, 2019 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: With hindsight, what signs indicated you were about to lose your job?
Replies: 127
Views: 11293

Re: With hindsight, what signs indicated you were about to lose your job?

When I came into work my account was locked and I couldn't log into the computer.
by AlohaJoe
Sun Jun 16, 2019 9:08 pm
Forum: Investing - Theory, News & General
Topic: Why do large personal portfolios include bonds?
Replies: 165
Views: 12120

Re: Why do large personal portfolios include bonds?

why bother with bonds at all? A decent number of extremely rich people do exactly that. It isn't like Bill Gates or Warren Buffet are using "age in bonds", right? Mark Zuckerberg isn't in a 60/40 portfolio. I'd wager George Soros and Steven Cohen aren't either. We also know that Donald Trump and Se...
by AlohaJoe
Sat Jun 15, 2019 8:54 am
Forum: Personal Investments
Topic: Vanguard Financial Plan requires Brokerage Account? Bait and switch?
Replies: 45
Views: 2782

Re: Vanguard Financial Plan requires Brokerage Account? Bait and switch?

The Vanguard brokerage accounts are fine, and everybody will have one sooner or later. I don’t understand why so many bogleheads cling so desparately to the dying mutual fund accounts. You can either rip the bandaid off quickly and get it over with, or you can pull it off slowly and enjoy the painf...
by AlohaJoe
Sat Jun 15, 2019 1:11 am
Forum: Investing - Theory, News & General
Topic: 5 Million Into Fixed Income
Replies: 37
Views: 5505

Re: 5 Million Into Fixed Income

LISD wrote:
Sat Jun 15, 2019 12:58 am
CDs: I think it would be hard to get the FDIC coverage on this amount of money.
It isn't hard, you just use CDARS. You don't use multiple banks and it isn't a headache.
by AlohaJoe
Fri Jun 14, 2019 9:55 pm
Forum: Personal Investments
Topic: Vanguard Financial Plan requires Brokerage Account? Bait and switch?
Replies: 45
Views: 2782

Re: Vanguard Financial Plan requires Brokerage Account? Bait and switch?

- My initial feeling I had was this was some kind of bait and switch. Vanguard hasn't had the Vanguard Financial Plan since 2015. https://www.bogleheads.org/forum/viewtopic.php?t=160360 It has been managed by Vanguard PAS for the past 4 years. As the Vanguard website says, "Financial advice from a ...
by AlohaJoe
Fri Jun 14, 2019 8:16 pm
Forum: Non-US Investing
Topic: Study: The Rate of Return on Everything, 1870-2015
Replies: 155
Views: 29574

Re: Study: The Rate of Return on Everything, 1870-2015

siamond wrote:
Fri Jun 14, 2019 7:56 pm
3) I don't know about you, but personally, I would NEVER put all my eggs in one basket, however nice it looked in the past.
I dunno...Sweden is looking might fine! :D
by AlohaJoe
Fri Jun 14, 2019 8:06 pm
Forum: Personal Consumer Issues
Topic: Durable non-stick cookware suggestions?
Replies: 30
Views: 2682

Re: Durable non-stick cookware suggestions?

I find review websites generally better than asking on forums. Normal people rarely test more than 1 or 2 things (who is going to buy 10 different brands of 12" skillet and spend a week cooking with each of them? Are you going to repeat that exercise every 3 or 4 years?), so all you really get is "I...
by AlohaJoe
Thu Jun 13, 2019 7:04 am
Forum: Personal Investments
Topic: Fund Dividend Declaration Date
Replies: 1
Views: 245

Re: Fund Dividend Declaration Date

Around midnight, well after the markets close.
by AlohaJoe
Thu Jun 13, 2019 3:55 am
Forum: Personal Finance (Not Investing)
Topic: US Citizen Retiring in Ireland
Replies: 30
Views: 3771

Re: US Citizen Retiring in Ireland

Unless you are going to be spending six months a year in Ireland....it doesn't matter. Stay under 183 days and you don't owe any taxes to Ireland. That's a fairly consistent rule for most countries.
by AlohaJoe
Thu Jun 13, 2019 12:42 am
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 10847

Re: Retired at 35 and have no friends :(

Now that I've left the corporate life and have free time on weekdays, I find that I have very little social life. A lot of people say this when they retire but I don't think it is true. You have exactly the same social life now as you had before you quit working. Social life is what happens outside...
by AlohaJoe
Wed Jun 12, 2019 7:29 am
Forum: Personal Finance (Not Investing)
Topic: [Proposed changes to 401(k) and IRAs]
Replies: 67
Views: 2842

Re: "Help Is Almost Here for Retirement Savers"

Is there any situation where this can be a good thing? You mean other than the obvious one about steady, predictable income until death that is talked about every single day on Bogleheads? It is exactly the same as asking "is there any situation where a pension or Social Security can be a good thin...
by AlohaJoe
Wed Jun 12, 2019 1:14 am
Forum: Investing - Theory, News & General
Topic: Fed Impact on Market
Replies: 2
Views: 413

Re: Fed Impact on Market

The "Greenspan put" has been a thing since 1987, not since 2008. Did it stop the crashes of 2000 or 2008? Did it stop the market going down 20% in 2011 or 2018? Did it stop the recession of 1990-1991?
by AlohaJoe
Tue Jun 11, 2019 11:07 am
Forum: Investing - Theory, News & General
Topic: The collapse of Neil Woodford
Replies: 21
Views: 3379

Re: The collapse of Neil Woodford

However, if one was a superstar and came out with his own fund to have an ER like this seems actually really fair. There is a wide variety of opinions on what is "fair" for a superstar manager to earn (just witness the billions that hedge fund investors are more than happy to give to hedge fund man...
by AlohaJoe
Tue Jun 11, 2019 11:01 am
Forum: Investing - Theory, News & General
Topic: The collapse of Neil Woodford
Replies: 21
Views: 3379

Re: The collapse of Neil Woodford

nisiprius wrote:
Tue Jun 11, 2019 10:33 am
How different are US and UK mutual fund regulations?
A bit of a tangent but I was shocked to learn recently that insider trading was perfectly legal in the UK up until 1993.
by AlohaJoe
Tue Jun 11, 2019 12:57 am
Forum: Investing - Theory, News & General
Topic: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?
Replies: 23
Views: 2229

Re: Will Dollar Cost Averaging Result in a Tax Preparation Nightmare?

How does one keep track of cost-basis after so many monthly purchases over 30 years? I use my computer. They are pretty good at keeping track of lists of things. You're only talking about 300-1,000 things. That is a remarkably tiny number of things for a computer to remember. Your phone probably ha...
by AlohaJoe
Mon Jun 10, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Laminating important documents - a good idea?
Replies: 34
Views: 2434

Re: Laminating important documents - a good idea?

adamthesmythe wrote:
Mon Jun 10, 2019 6:30 pm
And nobody really wants to see your diploma. In rare cases you may need an official transcript, where "official" often means sent directly by the institution.
I needed to produce my diploma in order to get a work permit. They did not care about a transcript.

Be careful of using absolutes.
by AlohaJoe
Mon Jun 10, 2019 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Laminating important documents - a good idea?
Replies: 34
Views: 2434

Re: Laminating important documents - a good idea?

FIREchief wrote:
Mon Jun 10, 2019 6:07 pm
Other than perhaps the diploma, aren't all of those easily replaced through the appropriate issuing agency?
The diploma is also easily replaced. I had to get a new copy of mine a few years ago, when I needed it for immigration purposes.
by AlohaJoe
Mon Jun 10, 2019 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: "Quitten" - Replacing Quicken with Google Sheets
Replies: 39
Views: 4057

Re: "Quitten" - Replacing Quicken with Google Sheets

Just use "D:D > 100" or "D12:D > 100" Oh duh, that's right. Thanks! I'm not a techie and would appreciate info on how to set up portfolio sheet. Assume the values could be updated as required The easiest way might be to just give Tiller some money and have them do it for you: https://www.tillerhq.c...
by AlohaJoe
Mon Jun 10, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: The collapse of Neil Woodford
Replies: 21
Views: 3379

The collapse of Neil Woodford

US investors are unlikely to know the name Neil Woodford but UK investors certainly do. The name also comes up from time to time in Boglehead posts by UK investors, especially those who are convinced that active management works in the UK and that Woodford was exhibit #1 of that. https://www.boglehe...
by AlohaJoe
Mon Jun 10, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: What percentage of time does 100% stocks win?
Replies: 52
Views: 6547

Re: What percentage of time does 100% stocks win?

The problem with real estate is that there is limited data on it. How did direct real estate investor help the 1929 investor, the 1966 one, the 1989 Japan, or the 2005 US investor? With stocks and bonds it is trivial to comment on. I have never seen any real estate advocate give numbers. They just ...
by AlohaJoe
Mon Jun 10, 2019 2:42 am
Forum: Investing - Theory, News & General
Topic: Perpetual Withdrawal Rates for 18 Portfolios
Replies: 50
Views: 4906

Re: Perpetual Withdrawal Rates for 18 Portfolios

Below I gathered PWRs for 18 portfolios from Portfolio Charts . I picked 18 years as the time window to study. Because for most portfolios, 2000-2018 is the worst period and this number is more conservative than portfolio's 30/40 year SWR/PWR. I think especially for early retirees, this number is m...
by AlohaJoe
Sun Jun 09, 2019 11:22 pm
Forum: Investing - Theory, News & General
Topic: What percentage of time does 100% stocks win?
Replies: 52
Views: 6547

Re: What percentage of time does 100% stocks win?

The problem with real estate is that there is limited data on it. How did direct real estate investor help the 1929 investor A bit of a tangent but there is an interesting paper from 2013 by Nicholas & Scherbina that tries to answer this, "Real Estate Prices During the Roaring Twenties and the Grea...
by AlohaJoe
Sun Jun 09, 2019 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: "Quitten" - Replacing Quicken with Google Sheets
Replies: 39
Views: 4057

Re: "Quitten" - Replacing Quicken with Google Sheets

Finding one annoying thing with filter function. With query, you can just specify the column name, i.e. "D > 500" or "Col4 > 100", like in a regular SQL where clause. With filter, it seems you must specify a matching range, as in "D2:D3115 > 100". That's a problem since my data is constantly growin...
by AlohaJoe
Sun Jun 09, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: How much VTIAX can I hold in a taxable account to have under $300 foreign tax paid?
Replies: 6
Views: 1011

Re: How much VTIAX can I hold in a taxable account to have under $300 foreign tax paid?

Is there an easy way for me to estimate now (approximately, of course, since we don't know the future) how much the "foreign tax paid" will be Vanguard publishes the foreign tax paid for all of their funds. I think it is on a per-share basis. So you just need to do a little math. Google "vanguard f...
by AlohaJoe
Sat Jun 08, 2019 8:49 pm
Forum: Investing - Theory, News & General
Topic: What percentage of time does 100% stocks win?
Replies: 52
Views: 6547

Re: What percentage of time does 100% stocks win?

masonstone wrote:
Sat Jun 08, 2019 10:23 am
Over a 20 year interval according to historical markers (from 1930s and onward) what percentage of the time did 100% stocks win as compared to other asset allocations?
Image
by AlohaJoe
Sat Jun 08, 2019 4:41 am
Forum: Investing - Theory, News & General
Topic: The logical fallacy behind "Bonds Are For Safety"
Replies: 248
Views: 15448

Re: The logical fallacy behind "Bonds Are For Safety"

However, human beings tend to focus overwhelmingly on the behaviour of individual investments or securities. On a quasi-related note, Vanguard has a new whitepaper[1] looking at the inflation-protection of various asset classes. They come down down in favor of short-term TIPS and commodities. One t...
by AlohaJoe
Sat Jun 08, 2019 3:21 am
Forum: Personal Finance (Not Investing)
Topic: Why should the Fed cut rates?
Replies: 2
Views: 674

Re: Why should the Fed cut rates?

Wouldn’t all these factors point to higher inflation on the horizon, and time to consider bumping up the rate? From the forum rules https://www.bogleheads.org/forum/rules: Non-actionable (Trolling) Topics If readers can't do anything with the content of a topic other than argue about it, it does no...
by AlohaJoe
Fri Jun 07, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: Are market downturns & crashes really driven by fear?
Replies: 23
Views: 1774

Re: Are market downturns & crashes really driven by fear?

I dont have any sources, or data to support my thinking so if anyone has links that discuss that subject, i'll be more than happy to have a look! I don't think it is about fear per se but about overreaction. The most compelling (to me) explanation comes from Nicola Gennaioli & Andrei Schleifer and ...
by AlohaJoe
Fri Jun 07, 2019 7:39 pm
Forum: Investing - Theory, News & General
Topic: The logical fallacy behind "Bonds Are For Safety"
Replies: 248
Views: 15448

Re: The logical fallacy behind "Bonds Are For Safety"

In fact, in the most common use I've seen of "bonds are for safety" has been to remind people not to chase yield. But they do chase yield. Why do people buy TBM instead of intermediate term Treasuries? To chase yield. Why do people hold nominal bonds instead of TIPS? Because they're chasing yield. ...
by AlohaJoe
Fri Jun 07, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: [How ETFs use "Heartbeat trades" to avoid taxes, Vanguard's patent]
Replies: 116
Views: 6124

Re: Can't believe, Vanguard is leader of Heartbeat tradings?

The article is over a month old so it seems quite likely it has already been posted & discussed on Bogleheads.

A quick search of the forum turns up the previous discussion: viewtopic.php?t=280097
by AlohaJoe
Fri Jun 07, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Do I adjust capital gains/losses for short term trading fees?
Replies: 10
Views: 539

Re: Do I adjust capital gains/losses for short term trading fees?

Katietsu wrote:
Thu Jun 06, 2019 1:55 pm
The short term trading fee was not used to either reduce the net proceeds
So they didn't actually charge you any money? If they didn't reduce the net proceeds how did you pay the redemption fee? I'm a bit confused.
by AlohaJoe
Thu Jun 06, 2019 9:58 pm
Forum: Investing - Theory, News & General
Topic: Bond index funds at risk due to BBB investment grade corporate bonds?
Replies: 10
Views: 949

Re: Bond index funds at risk due to BBB investment grade corporate bonds?

billthecat wrote:
Thu Jun 06, 2019 9:52 pm
What do you think - pay no heed and continue the course (three fund portfolio including bond index funds, like SCHZ, VBTLX, SPAB, etc.)? Or adjust?
How did their past predictions work out?

If you don't know, why are you listening to them?