Search found 41893 matches

by Valuethinker
Wed Apr 21, 2021 4:29 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7243

Re: Help me get a basic education in cryptocurrency

But also, what if crypto becomes the main currency on "the dark web"? What's the currency of choice on the dark web now? If we have to ask ... we don't have to know ;-). :? :? Monero. It's the only truly anonymous crypto (assuming they coded it right). It's the one I could see govs bannin...
by Valuethinker
Wed Apr 21, 2021 4:28 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7243

Re: Help me get a basic education in cryptocurrency

Monero. It's the only truly anonymous crypto (assuming they coded it right). It's the one I could see govs banning in the future. I'm pretty sure governments want criminals to believe that bitcoin is fully anonymous. Probably makes it easier to catch criminals. The US government already views Moner...
by Valuethinker
Wed Apr 21, 2021 3:58 am
Forum: Non-US Investing
Topic: Are bonds really the best thing for the non-equity part of my investments?
Replies: 12
Views: 1369

Re: Are bonds really the best thing for the non-equity part of my investments?

If you don’t want to take duration risk, then don’t take it. The solution to your question - for many who have considered it - is direct ownership of short-term US treasuries held to maturity, I bonds and FDIC guaranteed CDs. This is the board for non-US based investors. OP is in Denmark. Can't own...
by Valuethinker
Wed Apr 21, 2021 3:57 am
Forum: Non-US Investing
Topic: Are bonds really the best thing for the non-equity part of my investments?
Replies: 12
Views: 1369

Re: Are bonds really the best thing for the non-equity part of my investments?

Yes, I have 66% of my capital in a global equity index ETF, no problem. But what about the other 33%? It seems the biggest risk for stocks, these days, are rising inflation and rising interest rates. If interest rates go up, my stocks will be hit, AND so will bonds. Bonds seem to be horrible protec...
by Valuethinker
Tue Apr 20, 2021 1:15 am
Forum: Non-US Investing
Topic: Non US Investing: Should we put 5% of port in Bitcoin?
Replies: 96
Views: 8877

Re: Non US Investing: Should we put 5% of port in Bitcoin?

For sure not a bitcoin or other crypto outside government control. No responsible government will ever surrender the right to regulate or have influence over its currency. ... if it can help it or isn't getting enough in return. It already happened - to countries in the Eurozone who are now incapab...
by Valuethinker
Mon Apr 19, 2021 3:40 pm
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7243

Re: Help me get a basic education in cryptocurrency

Do you think earning low risk returns of 8-10% from dollar stablecoins is a legitimate use case for crypto? It's not low-risk. Alchemix, where you take out a loan in USD using crypto as collateral, and the loan is paid back by the protocol itself (generating yield on your collateral in the backgrou...
by Valuethinker
Mon Apr 19, 2021 11:58 am
Forum: Non-US Investing
Topic: [UK] From random asset allocation to something sensible. Review welcome!
Replies: 2
Views: 288

Re: [UK] From random asset allocation to something sensible. Review welcome!

You will presumably just empty your ISAs when you move country? And anything in taxable, you presumably want to establish a new base cost (for future capital gains) at time of entry? Which might make it easier just to sell it in the UK and then move the money across (you won't owe capital gains in t...
by Valuethinker
Mon Apr 19, 2021 11:50 am
Forum: Non-US Investing
Topic: Advice for ETF allocation
Replies: 19
Views: 1278

Re: Advice for ETF allocation

If this were 100% of your equity allocation I'd say OK. You're a young guy who likes to tilt hard to USA and tech. But it's NOT. The other 50% is in your 10 high conviction stocks. Which are? "I am thinking of this allocation: ISHSIII-CORE MSCI WORLD U.ETF (IWDA) - EAM 66,0% iShares Core MSCI ...
by Valuethinker
Mon Apr 19, 2021 11:00 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7243

Re: Help me get a basic education in cryptocurrency

I agree with the government sanctioned crypto bit. I just can't quite understand why governments haven't full out banned certain cryptos at this point. Perhaps creating a government sanctioned crypto dollar is too complex or time consuming. As per my other post the Central Banks have held conferenc...
by Valuethinker
Mon Apr 19, 2021 10:59 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7243

Re: Help me get a basic education in cryptocurrency

I agree with the government sanctioned crypto bit. I just can't quite understand why governments haven't full out banned certain cryptos at this point. Perhaps creating a government sanctioned crypto dollar is too complex or time consuming. My guess, is it's not a legitimate threat to the currency,...
by Valuethinker
Mon Apr 19, 2021 10:57 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 179
Views: 15712

Re: Cryptocurrency in Free Fall

It’s weird to feel so confident about something I know is risky. Maybe I’m wrong about it That should be a red flag. One should never be confident about a risky investment. With experience comes wisdom. If this bites you, you'll know better next time. This is all so wonderfully straight out of all ...
by Valuethinker
Mon Apr 19, 2021 10:56 am
Forum: Personal Investments
Topic: REITs
Replies: 30
Views: 1940

Re: REITs

The US REIT index fund has relatively little of the usual suspects (shops & offices) in it. But over 60% of rent on UK commercial properties was *unpaid* as of March 31st . This is an industry living on the hope that it might, someday, have tenants paying again. My employer is looking at moving ...
by Valuethinker
Mon Apr 19, 2021 10:48 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7243

Re: Help me get a basic education in cryptocurrency

health teacher wrote: Mon Apr 19, 2021 9:23 am
Valuethinker wrote: Mon Apr 19, 2021 8:34 am
But also, what if crypto becomes the main currency on "the dark web"?
What's the currency of choice on the dark web now?
If we have to ask ... we don't have to know ;-).
:? :?
by Valuethinker
Mon Apr 19, 2021 8:42 am
Forum: Personal Consumer Issues
Topic: Lease Buyout Options [car]
Replies: 17
Views: 1394

Re: Lease Buyout Options [car]

C-19 has generally led to higher used car prices due to a lack of supply (people simply are not driving as much, holding on to their cars, etc.) Now that consumer spending is picking up again the market for used cars is becoming even more disjointed. It's a mirror of the housing market. If you sell...
by Valuethinker
Mon Apr 19, 2021 8:34 am
Forum: Investing - Theory, News & General
Topic: Help me get a basic education in cryptocurrency
Replies: 122
Views: 7243

Re: Help me get a basic education in cryptocurrency

I agree with the government sanctioned crypto bit. I just can't quite understand why governments haven't full out banned certain cryptos at this point. Perhaps creating a government sanctioned crypto dollar is too complex or time consuming. And they have. In countries with foreign exchange controls...
by Valuethinker
Mon Apr 19, 2021 8:06 am
Forum: Investing - Theory, News & General
Topic: EM has concentrated risk in china/taiwan
Replies: 39
Views: 2714

Re: EM has concentrated risk in china/taiwan

(Note: This is not intended as a political post - I'm just stating a couple of important facts that are germane to the overall discussion.) Why are people lopping together Taiwan and China as if they are one entity in the EM Index country weightings? Taiwan has had its own currency since 1949 and i...
by Valuethinker
Mon Apr 19, 2021 7:54 am
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 20
Views: 1518

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

A slight refinement which would most probably pay off in the long run would be to use a Global Equities Index Tracker Fund for the equity portion of the portfolio This would correct the U.K. bias of the Vanguard Life Strategy Fund Bonds could be added as required-a Global Bond Index Fund hedged to ...
by Valuethinker
Mon Apr 19, 2021 3:08 am
Forum: Non-US Investing
Topic: Non US Investing: Should we put 5% of port in Bitcoin?
Replies: 96
Views: 8877

Re: Non US Investing: Should we put 5% of port in Bitcoin?

https://youtu.be/Zz6RK361Gxo The above video is an excellent argument in favor of old seasoned retired investors like us buying and holding perhaps 5% of port in bitcoin. I'd like to know what other veteran non-USA investors think about it. If you asked me about my opinion regarding Bitcoin before ...
by Valuethinker
Mon Apr 19, 2021 3:05 am
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 20
Views: 1518

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

Why not go a stage further in removing human nature and instead of LifeStrategy fund, go for a Target Retirement fund? Its basically the same but is stepping down the equity for you as you get older, so you don't need to think about it. Slightly more expensive at 0.24% compared to 0.22 %, but that'...
by Valuethinker
Mon Apr 19, 2021 2:58 am
Forum: Personal Investments
Topic: REITs
Replies: 30
Views: 1940

Re: REITs

There used to be a "REIT wrecks" website. Every so often here, we get someone whose "adviser" put them into a private REIT, and it's a mess, and they can't get out. The result is years of suffering just trying to extract capital. If one does get out, it's usually at some massive ...
by Valuethinker
Sun Apr 18, 2021 8:51 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

- how can something pay 8% when nothing else in the market is paying 8%? Or does that have the sort of extreme level of risk of, say, Ecuadorian bonds? I suspect you are thinking more in developed country terms that have historically-low interest rates. I have no expertise in this matter and have n...
by Valuethinker
Sat Apr 17, 2021 1:19 pm
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

How exactly do these accounts "earn" interest? One VERY SMALL detail to note: the interest will be paid in the native currency. Earn 5% on ALGO and the price of ALGO rises? Party. But if ALGO tanks (which is the elephant in the living room, right?), your 5% ain't worth squat. So, don't eq...
by Valuethinker
Sat Apr 17, 2021 11:57 am
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 20
Views: 1518

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

Mike Piper, Bogelhead and author of the blog Oblivious Investor uses the Vanguard Life Strategy for his retirement investments. What’s In My Portfolio? (Updated) Are We Still Using the LifeStrategy Growth Fund? When someone as savvy as he is on investing recognizes that the biggest risk of underper...
by Valuethinker
Sat Apr 17, 2021 11:54 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

Do people count this towards their equity allocation or in their alternative allocation? So if you're 70% equities and 5% BTC do you consider yourself being a 75/25 or a 70/25/5? There may be some who count it as equity. It ain't. It's 5% on the outsider in the 2.30 at Cheltenham, to my mind.
by Valuethinker
Sat Apr 17, 2021 11:53 am
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 20
Views: 1518

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

Hello , investing in lifestrategy if for people whose really don't know anything about investing . You look to know a bit , as you told you read some books , with a bit more effort you could create a portfolio could give you more benefits , also in my opinion , considering your age , why don't you ...
by Valuethinker
Sat Apr 17, 2021 11:47 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

How exactly do these accounts "earn" interest? One VERY SMALL detail to note: the interest will be paid in the native currency. Earn 5% on ALGO and the price of ALGO rises? Party. But if ALGO tanks (which is the elephant in the living room, right?), your 5% ain't worth squat. So, don't eq...
by Valuethinker
Sat Apr 17, 2021 11:47 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

How exactly do these accounts "earn" interest? One VERY SMALL detail to note: the interest will be paid in the native currency. Earn 5% on ALGO and the price of ALGO rises? Party. But if ALGO tanks (which is the elephant in the living room, right?), your 5% ain't worth squat. So, don't eq...
by Valuethinker
Sat Apr 17, 2021 11:44 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

MoeMoney wrote: Sat Apr 17, 2021 11:32 am
Valuethinker wrote: Sat Apr 17, 2021 11:26 am
How exactly do these accounts "earn" interest? Why would someone pay interest to them, for the privilege of holding the currency?
Loaned out as leverage, just like a traditional bank
But who needs to borrow the cryptocurrency?

To what purpose are they putting it?
by Valuethinker
Sat Apr 17, 2021 11:26 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

I have recently started using both Gemini and coinbase, and both have excellent interfaces. My current holdings, roughly evenly are: Bitcoin (Gemini ‘earn’ account- 2% interest) Ethereum (Gemini ‘earn’ account- 3% interest) Algorand (coinbase- 6-7% interest) Will plan to get to 5-10% of portfolio. ...
by Valuethinker
Sat Apr 17, 2021 11:25 am
Forum: Investing - Theory, News & General
Topic: For those adding Crypto as an asset class to their AA
Replies: 145
Views: 8472

Re: For those adding Crypto as an asset class to their AA

Bogleheads generally don't buy assets that do not provide a return. Gold and silver being an example. Sure, some do, but I'm speaking in generalities. I am now seeing more and more bogleheads, long timers, buying into cryptos. Does that mean we are starting to reach our peak because the last of the...
by Valuethinker
Sat Apr 17, 2021 8:38 am
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 20
Views: 1518

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

I am starting my investing career after spending a long time reading a lot of investment books including boggle heads guide and forum. I have decide my goals, reflected on my level of aversion to risk and thought about my asset allocation and investment strategy. I have been thinking about investin...
by Valuethinker
Sat Apr 17, 2021 3:38 am
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 138
Views: 12647

Re: Any happy lawyers out there?

To clarify my own situation, it's not so much that I don't want to be a lawyer; I think it's more that I don't want to be a corporate lawyer in a big firm for the long term. I'd rather do small-town lawyer stuff -- criminal defense, trusts and estates, etc. But the career path out of the top-notch ...
by Valuethinker
Sat Apr 17, 2021 2:52 am
Forum: Non-US Investing
Topic: Advice for ETF allocation
Replies: 19
Views: 1278

Re: Advice for ETF allocation

Hi all I am considerig this allocation scheme: VANGUARD S&P 500 UCITS ETF (VUAA) - XET ISHSIII-CORE MSCI WORLD U.ETF (IWDA) - EAM ISHSV-S&P 500 INF.TE.SEC.U.ETF (QDVE) - XET iShares Core MSCI EM IMI UCITS ETF (EMIM) - EAM ISHSIV-AUTOMATION&ROBOT.U.ETF (2B76) - XET ISHARES IV-HEALTHC.INN...
by Valuethinker
Sat Apr 17, 2021 2:47 am
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 20
Views: 1518

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

Welcome. I am starting my investing career after spending a long time reading a lot of investment books including boggle heads guide and forum. I have decide my goals, reflected on my level of aversion to risk and thought about my asset allocation and investment strategy. I have been thinking about...
by Valuethinker
Sat Apr 17, 2021 2:37 am
Forum: Non-US Investing
Topic: Invest entirely in vanguard life strategy fund? UK investor looking for advice
Replies: 20
Views: 1518

Re: Invest entirely in vanguard life strategy fund? UK investor looking for advice

I am starting my investing career after spending a long time reading a lot of investment books including boggle heads guide and forum. I have decide my goals, reflected on my level of aversion to risk and thought about my asset allocation and investment strategy. I have been thinking about investin...
by Valuethinker
Fri Apr 16, 2021 1:07 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 299
Views: 25472

Re: Cryptocurrency - Bitcoin Continues to Soar!

It get's to be even an more dangerous tornado when people use their paper wealth as collateral to make bets on other crypto. If they are able to do that, say by not repaying consumer or home mortgage loans ... then you have the recipe for a really harmful collapse. Depending on the scale. My hope i...
by Valuethinker
Fri Apr 16, 2021 1:01 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 299
Views: 25472

Re: Cryptocurrency - Bitcoin Continues to Soar!

Things are getting weird when dogecoin is up 92% in 24hour. https://www.coindesk.com/price/dogecoin It was started as a joke. https://www.investopedia.com/terms/d/dogecoin.asp#:~:text=Dogecoin%20is%20an%20open%2Dsource,its%20proof%2Dof%2Dwork. This is why I love crypto... Will enjoy the ride for no...
by Valuethinker
Fri Apr 16, 2021 10:06 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 299
Views: 25472

Re: Cryptocurrency - Bitcoin Continues to Soar!

If there was a way to never hear about crypto again, some kind of safe brain implant, I would do that. I seriously would pay $1,000 right now, never to read or hear about crypto again. Partly because I am bitter/sore over not investing in Bitcoin, but mostly because I'm fatigued by it, and constant...
by Valuethinker
Fri Apr 16, 2021 9:58 am
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 69
Views: 7972

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the market, and one of his main examples was a tiny New Jersey deli with a market capitalization of more than $100 million. https://www.msn.com/en-us/money/companies/there-s-a-single-new-jersey-deli-doing-35-000...
by Valuethinker
Fri Apr 16, 2021 9:55 am
Forum: Investing - Theory, News & General
Topic: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market
Replies: 69
Views: 7972

Re: There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market

This article seems to have some more detail. Sounds a bit sketchy with the consulting and the losses. I'm guessing this guy is going to come under some serious scrutiny. https://www.cnbc.com/2021/04/15/hometown-international-nj-deli-owner-worth-millions-in-stock.html "Hometown International bo...
by Valuethinker
Fri Apr 16, 2021 9:50 am
Forum: Non-US Investing
Topic: US Small Caps - USML vs IJR [Brazil]
Replies: 8
Views: 571

Re: US Small Caps - USML vs IJR [Brazil]

I've started buying IJR (I'm in the US if that matters). Absolutely it matters. US tax laws for non-US investors are much worse than for US residents and US citizens, to the point where unless you have good tax treaty coverage (and Brazil has no US tax treaties), Ireland domiciled ETFs are the far ...
by Valuethinker
Fri Apr 16, 2021 7:22 am
Forum: Personal Investments
Topic: Going to receive around $1 million - what to do ?
Replies: 38
Views: 6572

Re: Going to receive around $1 million - what to do ?

Hello. my company in which I have shares in will be getting bought out in about 2 months. I will receive about 800k-$1 million after tax. What is the best way to invest the money ? I live in Los Angeles - 34 years old Wife + a 2 year old kid + planning to have 1 more kid soon 401k - Around $400k Re...
by Valuethinker
Fri Apr 16, 2021 7:11 am
Forum: Investing - Theory, News & General
Topic: Value etf’s that actually contain value?
Replies: 42
Views: 2648

Re: Value etf’s that actually contain value?

If I’ve missed other threads on this, feel free to re-direct me to those threads! I’ve been looking at various value etf’s for lcv, scv, and international value. The problem that I’m seeing is that many of the holdings aren’t value stocks, they’re just bad companies that are cheap for a reason. Are...
by Valuethinker
Fri Apr 16, 2021 4:48 am
Forum: Non-US Investing
Topic: Australian living in Canada
Replies: 8
Views: 778

Re: Australian living in Canada

Clearly you moved to Canada for the weather? ;-). And the women ;) And the skiing. Western Canada undoubtedly has better skiing than, probably, even New Zealand? Andrew9999 will hopefully come along this AM and tell us. The main reason to hold an overweight in Australian stocks, is, to my mind, the...
by Valuethinker
Thu Apr 15, 2021 8:00 am
Forum: Non-US Investing
Topic: US Small Caps - USML vs IJR [Brazil]
Replies: 8
Views: 571

Re: US Small Caps - USML vs IJR

Hi folks, :sharebeer Defining my US Small Caps ETF I found USML as a good dividend accumulation option . My first option was IJR So in your opinion regarding AUM, liquidity and etf rules, which one would be a better ETF allocation? In an allocation of USD 600k the market maker would act to provide ...
by Valuethinker
Thu Apr 15, 2021 7:53 am
Forum: Non-US Investing
Topic: Vanguard ESG Global All Cap UCITS ETF
Replies: 26
Views: 2671

Re: Vanguard ESG Global All Cap UCITS ETF

I agree that ESG is a sort of moral licensing. We feel good about it and thus give license to ourselves not to care about actual issues. There *are* ESG funds that maintain professional staff of people to analyse companies. They buy shares in these companies and then try to introduce shareholder re...
by Valuethinker
Thu Apr 15, 2021 5:38 am
Forum: Non-US Investing
Topic: Vanguard ESG Global All Cap UCITS ETF
Replies: 26
Views: 2671

Re: Vanguard ESG Global All Cap UCITS ETF

I am not so convinced by the ESG type of products as the definitions vary quite widely, and there are many grey areas. For example, Tesla is an electric vehicle maker but also has quite a bit of Bitcoin that is not a very carbon friendly asset. And are the tech companies like Facebook really ESG so...
by Valuethinker
Thu Apr 15, 2021 5:19 am
Forum: Personal Finance (Not Investing)
Topic: Which is more forward-looking? Solar panels or Roth investment?
Replies: 35
Views: 2151

Re: Which is more forward-looking? Solar panels or Roth investment?

I am waiting for the detailed proposal, and then I will be able to "run the numbers". I'm told it might run $25K -- prior to the 26% federal tax credit, and prior to a possible North Carolina rebate of about 4%, I think. This latter is totally unpredictable since it's a lottery, so I won'...
by Valuethinker
Thu Apr 15, 2021 4:52 am
Forum: Non-US Investing
Topic: Australian living in Canada
Replies: 8
Views: 778

Re: Australian living in Canada

Welcome. I am aware of the US domiciled estate issues. Where I am confused is when it comes to my position with tax drag . Generally speaking my Canadian income tax bracket would be 15%. Am I doing myself a disservice by holding US-domiciled funds, being in a low tax bracket? Would switching to the...
by Valuethinker
Thu Apr 15, 2021 4:47 am
Forum: Investing - Theory, News & General
Topic: are inflation fears driving the housing market
Replies: 27
Views: 3004

Re: are inflation fears driving the housing market

AND move to some God forsaken trailer park somewhere in oklahoma surrounded by meth labs. That's like a level 80 Boglehead cheapskate move, though. "Brits talk incessantly about class but never about race. Americans the reverse" A Brit (like me) would not be able to read the first sentenc...