Search found 23 matches

by JTravers
Wed May 14, 2014 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Advice [on Shariah compliant investment products]
Replies: 60
Views: 8992

Re: Advice [on Shariah compliant investment products]

Ok, as an aside, does anyone know a broker that allows purchase of funds sold on foriegn exchanges into a retirment account (ex ROTH IRA)? Specificaly looking at funds below on London exchange: iShares MSCI World Islamic (ISWD.L) ER 0.6% iShares MSCI USA Islamic (ISUS.L) ER 0.5% iShares MSCI Emergi...
by JTravers
Mon Jul 01, 2013 2:03 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Design help needed - Multiple restrictions!!
Replies: 7
Views: 1298

Re: Portfolio Design help needed - Multiple restrictions!!

I know this is quite a few months after the original post, but I hope the OP finds the following information useful. The best way to invest in Shariah-compliant passive indexes is to open an account at a broker that offers trading on global exchanges at reasonable prices -- Interactive Brokers, Fide...
by JTravers
Fri May 31, 2013 4:43 pm
Forum: Investing - Theory, News & General
Topic: "Skating Where the Puck Was"
Replies: 79
Views: 16908

Re: "Skating Where the Puck Was"

Just saw that both of Dr. Bernstein's short ebooks are available for free through the Kindle Lending Library (must own a Kindle device and be a Prime subscriber).

Thanks for making them available!
by JTravers
Tue Mar 12, 2013 1:20 pm
Forum: Personal Consumer Issues
Topic: Anyone use iPad or iPhone for auto navigation system?
Replies: 77
Views: 7925

Re: Anyone use iPad or iPod for auto navigation system?

GPS does not work without the 3G or 4G service on iPad or iPod. I have the latest iPod without 3G. There is an app called find my iPod. When using the app on my iPod in my family room, it shows it located across the street in the neighbor's back yard. I think it uses my IP address to come up with a...
by JTravers
Sun Oct 07, 2012 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Any regrets moving from a active manager to passive indexing
Replies: 52
Views: 5807

Re: Any regrets moving from a active manager to passive inde

Just the other day AAII mailed me their "Shadow Stock" portfolio long term results: 17% per year over 10 years, but after reading books by Bogle, Bernstein and Ferri, I am now educated enough to realize that this is a mechanical rate of return achieved by computer, and doesn't take into account com...
by JTravers
Sat May 28, 2011 10:09 pm
Forum: Personal Consumer Issues
Topic: VOIP options
Replies: 18
Views: 2590

I must agree with the Obihai device recommendations. Check out the Obihai OBi100 and OBi110 devices. https://www.amazon.com/dp/B004LO098O/ref=as_li_ss_til?tag=alslibl-20&camp=213381&creative=390973&linkCode=as4&creativeASIN=B004LO098O&adid=094F0S2M3VDQ8W7CNKYS& https://www.amazon.com/dp/B0045RMEPI/r...
by JTravers
Fri Apr 15, 2011 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use Magic Jack?
Replies: 36
Views: 6422

Check out the Obihai OBi100 and OBi110 devices. https://www.amazon.com/dp/B004LO098O/ref=as_li_ss_til?tag=alslibl-20&camp=213381&creative=390973&linkCode=as4&creativeASIN=B004LO098O&adid=094F0S2M3VDQ8W7CNKYS& https://www.amazon.com/dp/B0045RMEPI/ref=as_li_ss_til?tag=alslibl-20&camp=213381&creative=3...
by JTravers
Tue Apr 12, 2011 11:02 am
Forum: Investing - Theory, News & General
Topic: Value-Weighted Indexes Beat Fundamental Indexes????
Replies: 11
Views: 2232

Here's the site for his new book.
http://www.valueweightedindex.com/

Anyone care to make a comparison to the "proper" benchmarks?

Thanks!
by JTravers
Wed Oct 20, 2010 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Good news about the ShariahShares ETFs. I emailed the CEO, and he told me that they are planning to roll out the ETFs in 2011. This will be a great option for Muslim investors that want to follow the Boglehead principles.
by JTravers
Wed Oct 20, 2010 3:25 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

I found a couple possible Shariah-compliant bond substitutes. University Islamic Financial offers 1, 2, and 5 years CDs that share profits from its Shariah-compliant mortgage business. http://www.universityislamicfinancial.com/deposit_rates.html The only downside is that the rate of profit-sharing (...
by JTravers
Fri Aug 27, 2010 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Valuethinker wrote:Indeed, many of my investments would conflict with my high school Principal-- send me straight to his office ;-).

In addition, many of my investments have caused me to lose capital, another conflict with my principals ;-).
:lol
by JTravers
Fri Aug 27, 2010 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

By win I mean to get a maximum return on investment while mitigating appropriate risk using whatever vehicles that present themselves. To remove one will reduce your agility of position - something that would pain most all boglers. And I think the OP's definition of win would include a caveat that ...
by JTravers
Thu Aug 26, 2010 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Sure you could win but you have set yourself at a severe disadvantage right off the line and probably could only win by luck. Depends on your definition of "win." Many people forget that the sacred texts for many of religions were written and edited by man - who are with inherent flaw. I don't thin...
by JTravers
Thu Aug 26, 2010 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

How about lowering volatility by using covered calls on a diversified selection of highly-liquid, but shariah compliant stocks? A covered call means you buy (or already own) a security and you sell an option to someone else to buy your security at a given price in the future (since you have to own ...
by JTravers
Thu Aug 26, 2010 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Re: Portfolio allocation (no bonds allowed), please suggest

There are Shariah tests that Islamic finance scholars have developed for determining the acceptability of an investment. One is that its gross income cannot be made up of more than 5% interest income. As long as the interest income a company generates is less than 5% of gross income, it is consider...
by JTravers
Wed Aug 25, 2010 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Re: Portfolio allocation (no bonds allowed), please suggest

It doesn't make sense though! Beer is also not permitted in Islam but I haven't seen any Islamic Scholar say that you can drink it as long as there is only 5% concentration. I am not an expert on Islamic finance but I don't get it. There are Islamic legal rulings that go into all the details. If I ...
by JTravers
Wed Aug 25, 2010 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Could you do merger arbitrage? For example, go to Yahoo finance and look at a company called ADC Telecomm (ticker ADCT). It's being bought by Tyco for $12.75 a share, expected to close at the end of the year, currently selling for $12.65. There is a contract for the purchaser to buy the shares, but...
by JTravers
Wed Aug 25, 2010 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

I looked at those too but like you said they are not passive fund and have higher expense ratios. Not really the boglehead style of investing. You have to do the best you can with the tools currently available. Maybe in the future more ETFs will be available that follow Shariah indexes, but until t...
by JTravers
Wed Aug 25, 2010 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

For the safer side of the portfolio and you can't have bonds you might want something like Vanguard's Market Neutral fund hedge fund. -- with a lower minimum from somewhere else. I know nothing about it except that it has a 2.8% ER (high due to the dividend rules on short sales) and is relatively u...
by JTravers
Wed Aug 25, 2010 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Re: Portfolio allocation (no bonds allowed), please suggest

So - I think it cannot be done honestly with other than physical assets. jej I understand that almost every company has some interest income, but I am compromising on that as long as I don't have any direct stake in interest bearing assets like bonds etc. If you own stock, you are an owner of a com...
by JTravers
Mon Aug 23, 2010 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio allocation (no bonds allowed), please suggest
Replies: 132
Views: 18326

Guys I really appreciate the comments from all of you. In the end I have realized that I don't know much about Islamic Finance either. The complications of modern finance requires that I study Islamic finance in detail to know what can be done. To summarize, the intellectual contribution from all o...
by JTravers
Tue Jul 01, 2008 8:12 am
Forum: Investing - Theory, News & General
Topic: Gift of more than $12,000
Replies: 17
Views: 4290

Use middle men...

If you can find 3 other people that you trust, gift them each $12K and make sure that they each gift your friend $12K. Including your own $12K gift to your friend, that would end up being $48K. Not sure if this would violate any IRS rules on creating schemes explicitly to avoid taxes. If so, then do...
by JTravers
Wed May 28, 2008 10:05 pm
Forum: Investing - Theory, News & General
Topic: Where are all the great managers?
Replies: 26
Views: 4962

Re: Where are all the great managers?

SH, I'm new to this group and just came across this post. Very interesting stuff. One small correction, however. I believe 3rd Ave Value is more of a mid/large cap fund, while 3rd Ave Small-Cap is the proper comparison for small value. Fairholme fund would be another good one to add to the compariso...