Search found 35 matches

by Swiss Bee
Wed Jul 21, 2021 9:15 am
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

Thank you for your valuable input, nisiprius 🙏
by Swiss Bee
Mon Jul 19, 2021 11:17 pm
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

[/quote] Ya. I think 10x is asking a bit too much (OP. Check the market cap alone. That's a bit ridiculous). But I wouldn't be surprised if a stock like BABA went 30% up in the next 2~3 years. Given how richly valued the US Stock Market is (overall), this seems overall like great numbers. That said,...
by Swiss Bee
Mon Jul 19, 2021 11:05 pm
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

Looks like the odds of losing everything (1x) is quite low, but the odds of making 2-10x over the next few years is quite high… Do what you want, you have been warned. Bloomberg article today says: “The death of ADRs was inevitable...”, here: https://finance.yahoo.com/news/china-signals-end-2-trill...
by Swiss Bee
Mon Jul 19, 2021 10:58 pm
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

Looks like the odds of losing everything (1x) is quite low, but the odds of making 2-10x over the next few years is quite high… Swiss Bee, Please explain how that is possible? A) BABA current market Cap is 585B B) TCEHY current market cap is 697B KlangFool Hi KlangFool, I don’t have a crystal ball,...
by Swiss Bee
Mon Jul 19, 2021 8:53 am
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

Looks like the odds of losing everything (1x) is quite low, but the odds of making 2-10x over the next few years is quite high…
by Swiss Bee
Sat Jul 17, 2021 10:48 pm
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

Well, they all bought BABA. This is what I mean as believer :wink:
by Swiss Bee
Sat Jul 17, 2021 1:21 am
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

I believe Munger, Pabrai, Dalio are all believers… and they know a thing or two about pricing risk…
by Swiss Bee
Fri Jul 16, 2021 11:59 pm
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

Re: BABA and Tencent

Thank you all for your advice. One more question: while buying an EM/China index fund diversifies your risk exposure to individual companies, you would still face the issue of holding ADRs (the ETF buys them for you). The only difference would be if BABA or Tencent as a company would not do well, yo...
by Swiss Bee
Thu Jul 08, 2021 6:13 am
Forum: Non-US Investing
Topic: BABA and Tencent
Replies: 44
Views: 4781

BABA and Tencent

Any views on BABA and Tencent? I know that stock picking is bad :twisted: but I really want some opinions on loading them up for the long term? :moneybag :moneybag :dollar
by Swiss Bee
Thu May 13, 2021 12:50 am
Forum: Non-US Investing
Topic: Should I add small-cap ETF?
Replies: 12
Views: 2095

Re: Should I add small-cap ETF?

I have heard in a quality interview that the small cap factor premium was discovered in the past. As soon as the market has realized it, the factor premium was exploited and was then gone. They were saying that it does not exist any more, because it is known by market participants… Long story short:...
by Swiss Bee
Tue Mar 23, 2021 12:16 am
Forum: Non-US Investing
Topic: [Austria] Aggressive Growth (90/10) Portfolio Advice
Replies: 19
Views: 1729

Re: [Austria] Aggressive Growth (90/10) Portfolio Advice

Hallo Meister Bogle, I would only go with Vanguard FTSE All World (ie Portfolio 2), without the bonds. I am aware that my view on bonds is unique, but they lose money for you and don’t grow. You also have inflation risk and the risk of rising interest rates. Good luck & liebe Grüsse in die Heima...
by Swiss Bee
Sun Feb 28, 2021 3:40 am
Forum: Non-US Investing
Topic: What is an asset?
Replies: 39
Views: 2452

Re: What is an asset?

I guess it comes down to the probability (of future economic benefits) if eg Bitcoin is an asset or not then...

I guess this probability is reflected in the current price then...
by Swiss Bee
Fri Feb 26, 2021 3:48 pm
Forum: Non-US Investing
Topic: What is an asset?
Replies: 39
Views: 2452

Re: What is an asset?

How would you calculate eg the NPV of Bitcoin and Gold then? Or are they not assets then?
by Swiss Bee
Fri Feb 26, 2021 3:35 pm
Forum: Non-US Investing
Topic: What is an asset?
Replies: 39
Views: 2452

Re: What is an asset?

Many thanks Aged Maduro. Your distinction between asset (something with a monetary value) vs investment (positive future cash flows) makes a lot of sense to me. I guess the value of an asset is then entirely driven by supply and demand (eg Bitcoin...) whereas the value of an Investment can be approx...
by Swiss Bee
Fri Feb 26, 2021 3:19 pm
Forum: Non-US Investing
Topic: What is an asset?
Replies: 39
Views: 2452

Re: What is an asset?

Thank you JoMoney - Good catch, I was only referring to rental property as an asset (not the home to live in)
by Swiss Bee
Fri Feb 26, 2021 2:55 pm
Forum: Non-US Investing
Topic: What is an asset?
Replies: 39
Views: 2452

What is an asset?

Hello fellow investors, Please help me with a fundamental question I am struggling with: What do you consider to be an asset? In my view, an asset produces cash flows in the future (i.e. it has an intrinsic value), in contrast to something that does not produce cash flows and you need to find someon...
by Swiss Bee
Tue Feb 09, 2021 4:27 am
Forum: Non-US Investing
Topic: Portfolio Advice [Switzerland]
Replies: 8
Views: 966

Re: Portfolio Advice [Switzerland]

Hello again, I personally had the same question and decided to go with approx. (80%) VWRL + (10%) VEUR + (10%) VFEM. The reason I have added VEUR and VFEM was to decrease the U.S. exposure and increase the European and EM (incl. China) exposure. It also goes more together with GDP weight than with m...
by Swiss Bee
Tue Feb 09, 2021 2:09 am
Forum: Non-US Investing
Topic: Portfolio Advice [Switzerland]
Replies: 8
Views: 966

Re: Portfolio Advice [Switzerland]

Hello boboli and welcome, I will give you my 2 cents as I live in Switzerland as well :happy This is just my humble personal opinion for reflection: 30k emergency fund is good (+5k in the investment account). In my opinion, the emergency fund should cover 6 months of living expenses. Zero debt is ob...
by Swiss Bee
Mon Dec 28, 2020 4:29 am
Forum: Non-US Investing
Topic: No more yield for stocks?
Replies: 26
Views: 2462

Re: No more yield for stocks?

I am more thinking, why not stay in cash accepting a 0% return (accepting the inflation loss) as opposed to investing in stock for a meager return of 1-2% per year with a very large downside risk. I am not sure if we can use historical stock returns as a benchmark when all other assets produce zero ...
by Swiss Bee
Mon Dec 28, 2020 3:09 am
Forum: Non-US Investing
Topic: No more yield for stocks?
Replies: 26
Views: 2462

No more yield for stocks?

Good day fellow investors, We live in interesting times in which borrowers get paid to borrow money, and investors lose money by lending the funds. Hence, immense volumes are being invested in the stock market, which appears to be the only place (no other meaningful alternatives) that still produces...
by Swiss Bee
Fri Dec 25, 2020 1:25 am
Forum: Non-US Investing
Topic: Diversification - Market Cap. or GDP?
Replies: 19
Views: 2614

Re: Diversification - Market Cap. or GDP?

Swiss Bee wrote: ↑Fri Dec 18, 2020 1:10 am Thank you so much for all your useful and relevant replies. This is really much appreciated. I have a much clearer picture on this question now, and will adjust my portfolio accordingly. :happy
by Swiss Bee
Sat Dec 19, 2020 10:21 am
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

Congratulations, well done :wink:
by Swiss Bee
Fri Dec 18, 2020 11:42 pm
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

Swiss Franc is probably one of the most stable currencies in the world. There might be inflation down the line hard to say but I'd be a lot more confident in paying off a mortgage issued in Swiss Francs than USD right now. Splitting the difference is what I'd recommend too. Thank you crystalbank, a...
by Swiss Bee
Fri Dec 18, 2020 11:40 pm
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

Just saw that Dave Ramsey suggests (baby step 4) investing 15% of your monthly income for retirement and paying off the mortgage with the rest... 1 Save 1,000 as a starter emergency fund 2 Pay off all debt except the house / rental property 3 Save 3-6 months of expenses for emergencies 4 Invest 15% ...
by Swiss Bee
Fri Dec 18, 2020 11:19 pm
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

Toons wrote: ↑Fri Dec 18, 2020 1:55 pm I would pay down,off
The mortgage


:wink:
Thank you Toons
by Swiss Bee
Fri Dec 18, 2020 11:18 pm
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

If you had a cash surplus each month, would you invest or rather pay back the mortgage (IR ~1.5%, no other debt) each month? I would invest. But I'm in the "having a mortgage doesn't keep my awake at night" camp. This question gets asked every week. Read through some of the threads to see...
by Swiss Bee
Fri Dec 18, 2020 11:17 pm
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

260chrisb wrote: ↑Fri Dec 18, 2020 8:15 am I want to know where you got a 1.5% mortgage?? :D
I will probably refinance, because rates have dropped below 1% now :wink:
by Swiss Bee
Fri Dec 18, 2020 11:10 pm
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

Thank you very much all. This is indeed one of the most intelligent forums I have come across on the internet. :thumbsup Thank you and points taken: - Liquidity is important. Agree, once an extra mortgage payment is made the cash is gone (unless borrowing again, which is not the intention). Therefor...
by Swiss Bee
Fri Dec 18, 2020 5:01 am
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

Many thanks, Valuethinker. I greatly appreciate taking the time for articulating your response. Your advice makes a lot of sense to me and I will go with the 50% / 50% option (based on unknowable uncertainty). This is a good compromise that let's me sleep well - on the slopes or not :wink:
by Swiss Bee
Fri Dec 18, 2020 2:15 am
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Re: Invest or pay back mortgage?

Many thanks for your reply, EnjoyIt (and also for reading my previous portfolio question :thumbsup ).
by Swiss Bee
Fri Dec 18, 2020 1:51 am
Forum: Non-US Investing
Topic: Invest or pay back mortgage?
Replies: 33
Views: 2314

Invest or pay back mortgage?

Good day fellow investors, If you had a cash surplus each month, would you invest or rather pay back the mortgage (IR ~1.5%, no other debt) each month? Or would you split the cash surplus each month and do both (and to what extent)? As always, many thanks to the wisdom and experience of this forum :...
by Swiss Bee
Fri Dec 18, 2020 1:10 am
Forum: Non-US Investing
Topic: Diversification - Market Cap. or GDP?
Replies: 19
Views: 2614

Re: Diversification - Market Cap. or GDP?

Thank you so much for all your useful and relevant replies. This is really much appreciated. I have a much clearer picture on this question now, and will adjust my portfolio (back to market cap). :happy
by Swiss Bee
Wed Dec 09, 2020 11:22 pm
Forum: Non-US Investing
Topic: Diversification - Market Cap. or GDP?
Replies: 19
Views: 2614

Diversification - Market Cap. or GDP?

Good day fellow investors, I am struggling with a fundamental question re. diversification and would greatly appreciate your views: Looking at the main world indices incl. EM (i.e. MSCI World, or FTSE All World), diversification is heavily tilted towards market capitalization . For example, the FTSE...
by Swiss Bee
Tue Dec 08, 2020 8:45 am
Forum: Non-US Investing
Topic: My portfolio - seeking advice (Switzerland)
Replies: 3
Views: 695

Re: My portfolio - seeking advice (Switzerland)

Many thanks, I have read all the suggested readings :wink:
by Swiss Bee
Tue Dec 08, 2020 12:46 am
Forum: Non-US Investing
Topic: My portfolio - seeking advice (Switzerland)
Replies: 3
Views: 695

My portfolio - seeking advice (Switzerland)

Hello fellow investors I have set up a three fund equity portfolio, which I would like to invest into every month going forward: 1. VWRL – Vanguard FTSE All-World UCITS ETF Distributing: 60% 2. VFEM – Vanguard FTSE Emerging Markets UCITS ETF Distributing: 20% (to increase exposure to China for more ...