Search found 1807 matches

by asset_chaos
Tue Jun 30, 2020 9:43 pm
Forum: Investing - Theory, News & General
Topic: Bernstein’s Deep Risk: Global Equities Hedge for Inflation
Replies: 30
Views: 2370

Re: Bernstein’s Deep Risk: Global Equities Hedge for Inflation

Look up the Dimson, Marsh and Staunton global investments yearbooks. You can see how the German stock market did in the 1920s; as expected, not well. But you can also see how the global stock portfolio did too. Again, as expected, the much more diversified stock portfolio did ok. You can also invest...
by asset_chaos
Mon Jun 29, 2020 11:27 pm
Forum: Investing - Theory, News & General
Topic: Is there any website that will let me see the performance of a basket of stocks?
Replies: 5
Views: 539

Re: Is there any website that will let me see the performance of a basket of stocks?

If you make a free account at Morningstar, you can make multiple portfolios with whatever group of ticker symbols you like, and you'll be able to see the daily weighted average performance of each portfolio. There are probably similar abilities elsewhere. Thanks man! Is there a way to add names by ...
by asset_chaos
Mon Jun 29, 2020 9:47 pm
Forum: Investing - Theory, News & General
Topic: Is there any website that will let me see the performance of a basket of stocks?
Replies: 5
Views: 539

Re: Is there any website that will let me see the performance of a basket of stocks?

If you make a free account at Morningstar, you can make multiple portfolios with whatever group of ticker symbols you like, and you'll be able to see the daily weighted average performance of each portfolio. There are probably similar abilities elsewhere.
by asset_chaos
Wed Jun 24, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: Malkiel weighs in on passive investing and alternatives to the 60/40...
Replies: 39
Views: 4494

Re: Malkiel weighs in on passive investing and alternatives to the 60/40...

I don't see the magic in preferreds. They're hybrid securities that can be approximated fairly well with ordinary stocks and bonds. Portfolio Visualizer says PFF, the preferred stock etf mentioned upthread, is fairly well approximated by 20% stock market and 80% intermediate term corporate bonds. Th...
by asset_chaos
Fri Jun 19, 2020 12:03 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 234
Views: 48218

Re: Bill Sharpe's preferred portfolio

I believe cyberbob uses the FTSE World BIG bond index and the FTSE US BIG bond index monthly fact sheets for the market value of US and ex-US bonds. The links go to the most recent month's sheet, which are both dated 31 May 2020. Similarly for stocks is the FTSE Global All Cap Stock index fact sheet...
by asset_chaos
Thu Jun 11, 2020 9:42 pm
Forum: Investing - Theory, News & General
Topic: authoritative source for USA/Ex-USA market size info?
Replies: 5
Views: 296

Re: authoritative source for USA/Ex-USA market size info?

FTSE global total cap fact sheet is updated monthly. Page 3 has market cap in US$ for all countries in the index, including the US and the total amount. FTSE says the global total cap covers over 99% of global stock market capitalization.
by asset_chaos
Thu Jun 11, 2020 9:24 pm
Forum: Non-US Investing
Topic: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]
Replies: 15
Views: 816

Re: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]

I've updated the spreadsheet linked to the wikipage to include the new-ish HostPlus options (and incidentally updated the new-ish lower cost for a couple of the SunSuper funds), but I haven't updated the wiki page yet. At Hostplus the asset class index options are asset class cost [bp] index, manage...
by asset_chaos
Wed Jun 10, 2020 9:08 pm
Forum: Non-US Investing
Topic: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]
Replies: 15
Views: 816

Re: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]

Our wiki has a section on Australian super funds that focuses on choices with indexed options. HostPlus Balanced is a pretty good choice, as long as you're happy with the 75:25 stock:bond allocation. If you're referring to HostPlus Indexed balanced then 10 of that 25% is in cash. Also 42.67% of the...
by asset_chaos
Wed Jun 10, 2020 3:18 am
Forum: Non-US Investing
Topic: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]
Replies: 15
Views: 816

Re: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]

Our wiki has a section on Australian super funds that focuses on choices with indexed options. HostPlus Balanced is a pretty good choice, as long as you're happy with the 75:25 stock:bond allocation. If you're referring to HostPlus Indexed balanced then 10 of that 25% is in cash. Also 42.67% of the...
by asset_chaos
Tue Jun 09, 2020 9:49 pm
Forum: Non-US Investing
Topic: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]
Replies: 15
Views: 816

Re: Smsf vanguard versus hostplus industry superfund? [Self-Managed Super Fund, Australia]

Our wiki has a section on Australian super funds that focuses on choices with indexed options. HostPlus Balanced is a pretty good choice, as long as you're happy with the 75:25 stock:bond allocation. Only if you want more control over the stock:bond allocation or how you change it as you age, do you...
by asset_chaos
Sun May 31, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: Index Investing and the U.S.-China Great Power Struggle
Replies: 54
Views: 2981

Re: Index Investing and the U.S.-China Great Power Struggle

What seems problematic is that the index providers are continuing to add shares of Chinese companies to the global indexes used by U.S. investors, while at the same time the U.S. and China are starting a rather hostile process of financial disengagement, which soon may likely involve limits on fore...
by asset_chaos
Fri May 29, 2020 5:16 pm
Forum: Investing - Theory, News & General
Topic: Is this the end of risk parity?
Replies: 60
Views: 4739

Re: Is this the end of risk parity?

Wealthfront was so certain of the worth of risk parity they automatically added a 20% allocation to the Wealthfront Risk Parity Fund, WFRPX, to every customer's portfolio, unless the customer opted out. They said, explicitly Our research PhDs and engineers spent the past year effectively replicatin...
by asset_chaos
Fri May 29, 2020 4:51 am
Forum: Personal Investments
Topic: Investing while moving abroad?
Replies: 7
Views: 550

Re: Investing while moving abroad?

I've lived overseas 25 years and never had a Vanguard problem. Vanguard knows I live overseas. Others report account suspensions, closures, all kinds of problems. I have no idea what the difference is. You don't want to encounter problems. If you're already maintaining a US address, the best course ...
by asset_chaos
Mon May 25, 2020 1:37 am
Forum: Investing - Theory, News & General
Topic: Tracking World Index w/ Separate US and International Funds Not Ideal?
Replies: 6
Views: 417

Re: Tracking World Index w/ Separate US and International Funds Not Ideal?

I'm not certain of the exact situation the OP means. If you look up the proportions of US and ex-US in total world today and invest today in those proportions of total US stock fund and total international stock fund, and don't touch them again , then they will track total world. If you want to add ...
by asset_chaos
Wed May 20, 2020 9:10 pm
Forum: Personal Investments
Topic: Suggested Portfolio from Vanguard PAS
Replies: 16
Views: 976

Re: Suggested Portfolio from Vanguard PAS

As you hired an advisor, I can only suppose that you feel like you need professional advice to set up and stick with an investing plan. As you hired the advisor, maybe it's a good idea to listen to yourself and take the advice. Or don't. If you're confident and knowledgeable enough to come up with y...
by asset_chaos
Mon May 18, 2020 11:53 pm
Forum: Non-US Investing
Topic: What is the theory behind setting equity allocation to Global Cap Weight?
Replies: 9
Views: 633

Re: What is the theory behind setting equity allocation to Global Cap Weight?

The theory behind the global cap weighted index is the same as for all cap weighted total market type index funds. The cap weighted total market index is special, in fact unique, in that it's the stock portfolio all investors in aggregate hold collectively; moreover, it's the only stock portfolio th...
by asset_chaos
Mon May 18, 2020 2:08 am
Forum: Personal Consumer Issues
Topic: Seeking Book Recommendations: Failed States
Replies: 8
Views: 1004

Re: Seeking Book Recommendations: Failed States

How to be a Dictator: The Cult of Personality in the Twentieth Century by Frank Dikötter. Not the only route to state failure but investing total authority in a dictator often leads eventually to state collapse.
by asset_chaos
Sun May 17, 2020 1:43 am
Forum: Investing - Theory, News & General
Topic: Bogleheads® Wiki 2020 annual report
Replies: 5
Views: 801

Re: Bogleheads® Wiki 2020 annual report

A big thank you to all the contributors to the wiki and especially to our editor in chief, Lady Geek.

Any idea what happened between roughly March 2017 and end of 2018 when the average number of page visits per day roughly tripled before returning to about the previous years' trend line growth?
by asset_chaos
Fri May 15, 2020 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

I got to log in and have my bank info finally accepted on 9 May, as it turned out just a few days before the deadline. This morning I see the deposit is scheduled for 20 May. That may be close to the last batch of direct deposits.
by asset_chaos
Fri May 15, 2020 6:48 pm
Forum: Investing - Theory, News & General
Topic: Which one is better EM bonds or EM equities or both?
Replies: 41
Views: 1719

Re: Which one is better EM bonds or EM equities or both?

Which one is better for emerging markets allocation EM bonds or EM equities? Since EM bonds behave like equities I think this is a fair question. Vanguard Lifestrategy Conservative Growth Fund (A fund with 40% stocks and 60% Bonds), has approximately 3.75% Emerging Market Stocks, and 0.77% Emerging...
by asset_chaos
Thu May 14, 2020 2:30 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8755

Re: Vanguard Mutual Fund Platform EOL

Maybe in the next two years vanguard can fix whatever issue(s) prevents the new platform automatically redirecting dividends. Can someone explain what this dividend redirection issue is? It means that I can have distributions (dividends and capital gains) from fund A automatically sent to fund B. I...
by asset_chaos
Thu May 14, 2020 2:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8755

Re: Vanguard Mutual Fund Platform EOL

MadHungarian wrote:
Thu May 14, 2020 12:21 am
whodidntante wrote:
Wed May 13, 2020 8:55 pm
Maybe if they send a telegram the people who still care about this will get it, too.
Btw, is it still possible to actually send a telegram? Western Union or some such?
Worldwide use of telegrams by country
by asset_chaos
Wed May 13, 2020 9:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8755

Re: Vanguard Mutual Fund Platform EOL

If they'd just enable the new platform to automatically redirect dividends, I'd switch today. That's a feature I regularly use, and it doesn't exist on the new platform. That's why for me the new platform is definitely a downgrade, and I won't switch until they force me. Every time the flagship rep ...
by asset_chaos
Wed May 13, 2020 9:00 pm
Forum: Personal Investments
Topic: Changing AA to fit life events without overfitting to recent market experience
Replies: 4
Views: 307

Re: Changing AA to fit life events without overfitting to recent market experience

1. How have you considered resetting asset allocation when starting families (and adjusting risk appetite after a very long period of being single, and having never held bonds in your life)? This was quite some time ago now, but I don't recall having a considered thought process. So you're well ahe...
by asset_chaos
Mon May 11, 2020 5:07 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

Still unlucky. :-( Same problem as before, "the information does not match our records" April 13 is the last date to enter, so I have given up hope now. Thanks. HI, I have the same problem from a month. Did you also enter the ZIP COde or left it blank? Thanks. Perhaps particularly pertinent to Amer...
by asset_chaos
Sun May 10, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

HI, I have the same problem from a month. Did you also enter the ZIP COde or left it blank? Thanks. Perhaps particularly pertinent to Americans with overseas addresses . I stopped trying for several days, but tried again today and finally got through. I had the information does not match our record...
by asset_chaos
Fri May 08, 2020 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

Perhaps particularly pertinent to Americans with overseas addresses . I stopped trying for several days, but tried again today and finally got through. I had the information does not match our records error on the first page for a month. I have an overseas address, and even though the instructions ...
by asset_chaos
Wed May 06, 2020 2:31 am
Forum: Personal Finance (Not Investing)
Topic: "Glide Path" for asset allocation
Replies: 26
Views: 1820

Re: "Glide Path" for asset allocation

Currently we are 45 years old and intend to retire at between 60-65 years of age. We are around 80/20 stock/bond now and would like to retire at about a 40/60 asset allocation. Do most folks just do it in a straight line for the last 10 years? Wanting to shift 40 percentage points over about 20 yea...
by asset_chaos
Sat May 02, 2020 10:47 pm
Forum: Personal Investments
Topic: Is it bad idea to have dividend stocks in Taxable Account?
Replies: 20
Views: 2410

Re: Is it bad idea to have dividend stocks in Taxable Account?

What are you talking about? Setting aside the meaningless of comparing a single stock to a mutual fund, the fund is just a collection of stocks. So you get the gains and pay taxes on the dividends either way. The expense ratio is minuscule and the only difference. Exactly! Ok this is where I get co...
by asset_chaos
Wed Apr 29, 2020 9:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 65
Views: 5121

Vanguard 2-factor authentication becoming mandatory and available for non-US

The spouse got an email today from Vanguard saying sign up for security codes by June 15, For now, you'll still be able to log on to your account without a security code, but you'll need to sign up by June 15, 2020. I've resisted 2-factor till now because we live abroad and they wouldn't send codes ...
by asset_chaos
Wed Apr 29, 2020 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

Still says records don't match for me. I tried to create an account to view my tax account, hoping that that might clue me in to what IRS record is wrong. Instead the IRS tax account creation webpage told me, "A condtion has been identified preventing your acess to IRS online services." I believe t...
by asset_chaos
Tue Apr 28, 2020 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

Still says records don't match for me. I tried to create an account to view my tax account, hoping that that might clue me in to what IRS record is wrong. Instead the IRS tax account creation webpage told me, "A condtion has been identified preventing your acess to IRS online services." I believe t...
by asset_chaos
Sun Apr 26, 2020 9:26 pm
Forum: Investing - Theory, News & General
Topic: Barron’s big money poll
Replies: 2
Views: 706

Re: Barron’s big money poll

Sounds like "big money managers" are not immune from recency bias.
by asset_chaos
Sun Apr 26, 2020 9:23 pm
Forum: Investing - Theory, News & General
Topic: Taleb Says Portfolios to ‘Blow Up’ Without Tail Hedges
Replies: 43
Views: 4532

Re: Taleb Says Portfolios to ‘Blow Up’ Without Tail Hedges

Of course, as he's involved with a tail risk hedge fund, he may not have an unbiased view of this subject.
by asset_chaos
Sun Apr 26, 2020 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

Still says records don't match for me. I tried to create an account to view my tax account, hoping that that might clue me in to what IRS record is wrong. Instead the IRS tax account creation webpage told me, "A condtion has been identified preventing your acess to IRS online services." I believe th...
by asset_chaos
Sat Apr 25, 2020 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

I finally yesterday got something other than status unknown. Unfortunately it was data does not match our records. Puzzling as it's been more than a dozen years since my address last changed (more for my date of birth!). Worse, after a couple of times trying to reenter the information, the IRS lock...
by asset_chaos
Sat Apr 25, 2020 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24995

Re: IRS Get My Payment up and running

I finally yesterday got something other than status unknown. Unfortunately it was data does not match our records. Puzzling as it's been more than a dozen years since my address last changed (more for my date of birth!). Worse, after a couple of times trying to reenter the information, the IRS locke...
by asset_chaos
Sun Apr 19, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: SS and Pension
Replies: 40
Views: 2854

Re: SS and Pension

A reasonable approach may be to think in terms of spending needs. Subtract SS and pension dollar amounts from the dollar amount of estimated spending. What remains is the spending that you want your portfolio to support. Set an allocation that has a reasonable chance of meeting the desired spending ...
by asset_chaos
Sun Apr 19, 2020 9:04 pm
Forum: Personal Investments
Topic: Newly inherited IRA - what to do
Replies: 5
Views: 340

Re: Newly inherited IRA - what to do

With the card debt you're paying, what, 15%, 20%? That's the effective return if you pay off the debt, and that's a risk free investment. Even risky investments are unlikely to average 15-20%. This suggests that paying off the card debt instead of investing in the stock market is by far the lower ri...
by asset_chaos
Sun Apr 19, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: Alibaba & Tencent
Replies: 32
Views: 1985

Re: Alibaba & Tencent

China A-shares have been gradually included in FTSE indices, such as the index total world follows, since last year. The last tranche was scheduled to be included end of March this year, but FTSE postponed to an unspecified later date. With that said, you're more likely to be seeing the effect of f...
by asset_chaos
Sun Apr 19, 2020 4:35 am
Forum: Investing - Theory, News & General
Topic: JPMorgan Chase Stops Accepting HELOC Applications Due to Coronavirus Uncertainty
Replies: 17
Views: 2129

Re: JPMorgan Chase Stops Accepting HELOC Applications Due to Coronavirus Uncertainty

I bet something happens with credit cards soon. With unemployment estimated at 18% (by Fortune), a lot of people that were qualified for credit cards at the time they opened them probably aren't now. Indeed. I recall in 2008 banks imposed credit limit cuts to cards. I had a derisory $600 cut from t...
by asset_chaos
Sun Apr 19, 2020 4:23 am
Forum: Investing - Theory, News & General
Topic: Alibaba & Tencent
Replies: 32
Views: 1985

Re: Alibaba & Tencent

China A-shares have been gradually included in FTSE indices, such as the index total world follows, since last year. The last tranche was scheduled to be included end of March this year, but FTSE postponed to an unspecified later date. With that said, you're more likely to be seeing the effect of fr...
by asset_chaos
Fri Apr 17, 2020 9:01 pm
Forum: Personal Investments
Topic: Vanguard Portfolio 2.0 - Post Crisis/Index Rebalance
Replies: 3
Views: 373

Re: Vanguard Portfolio 2.0 - Post Crisis/Index Rebalance

I think 3 or so years ago the Dimson, Stanton, and Marsh world yearbook (the public summary version) had a chapter about stock market sectors. From memory one of the messages is that relative sector sizes have waxed and waned over the decades. Another was that sector concentration has usually been e...
by asset_chaos
Thu Apr 16, 2020 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block PC software not letting me e-file with foreign address
Replies: 13
Views: 708

Re: H&R Block PC software not letting me e-file with foreign address

The phone number issue can be gotten around by getting a google voice number or similar and using that. Since I switched from turbo tax a few years ago, the block program has never let me e-file from abroad, but turbo tax never did either. I'm not sure why neither let me e-file, there was never a sp...
by asset_chaos
Wed Apr 15, 2020 4:52 pm
Forum: Investing - Theory, News & General
Topic: Intermediate Bond Index
Replies: 4
Views: 488

Re: Intermediate Bond Index

I'm not sure I understand the OP's issue. Looking at the M* portfolio I have of various bond funds, says intermediate term bond index fund is up 4.6% year to date. It's gone up as the stock market has gone down. Seems like that should be a reasonably satisfactory outcome. I hold intermediate term bo...
by asset_chaos
Sun Apr 12, 2020 7:12 pm
Forum: Non-US Investing
Topic: S&P 500 for Non-US investor. Is it same as ACWI/FTSE All World Index?
Replies: 13
Views: 650

Re: S&P 500 for Non-US investor. Is it same as ACWI/FTSE All World Index?

The original question is irrelevant. If a global stock fund does not exist in your country but an S&P 500 fund is available, then that's the closest approximation to the global stock index fund you've got, and you use it until a better option comes along.
by asset_chaos
Sat Apr 11, 2020 7:48 pm
Forum: Investing - Theory, News & General
Topic: Increasing number of stocks from 8,438 to 12,570
Replies: 14
Views: 1374

Re: Increasing number of stocks from 8,438 to 12,570

FTSE has a Global Total Cap Index with around 16,000 companies. I don't think any one has (or will) make a fund following it, but you might be able to compare it's performance to the global all cap index that total world fund follows to experience what effect that last 1% of market cap has.
by asset_chaos
Sat Apr 11, 2020 7:34 pm
Forum: Investing - Theory, News & General
Topic: "Pandemic highlights problems with efficient-market hypothesis"
Replies: 11
Views: 1105

Re: "Pandemic highlights problems with efficient-market hypothesis"

I've noticed a lot of recent articles that say, and I'm paraphrasing here, "this pandemic justifies everything I've been arguing for and against".

I think it may be time for me to stop reading "news" articles and reread some old novels.
by asset_chaos
Sat Apr 11, 2020 7:07 pm
Forum: Personal Investments
Topic: "Safe" funds needed for RMD's??
Replies: 9
Views: 688

Re: "Safe" funds needed for RMD's??

The question for the experts here is, knowing that we need to sell a fund or funds from the IRA's every year: 1) do we need to have a portion of the IRA's in what I would call "safer" money?? 2) If so, for how many years RMD's (assuming funds) and 3) which funds would be appropriate for that portio...
by asset_chaos
Mon Apr 06, 2020 2:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total World - Low China Weight
Replies: 16
Views: 975

Re: Vanguard Total World - Low China Weight

China A shares have been transitioning into the FTSE indices, including into the global all cap index that total world follows, since sometime early-mid 2019. They were due to incorporate the final tranche end of March, but, as discussed in this post , market turmoil caused FTSE to delay full inclus...