Search found 41849 matches

by Valuethinker
Thu Apr 15, 2021 8:00 am
Forum: Non-US Investing
Topic: US Small Caps - USML vs IJR [Brazil]
Replies: 3
Views: 141

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: 2402

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: 2402

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: 29
Views: 1559

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: 6
Views: 413

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: 21
Views: 1845

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...
by Valuethinker
Thu Apr 15, 2021 12:43 am
Forum: Non-US Investing
Topic: Australian living in Canada
Replies: 6
Views: 413

Re: Australian living in Canada

Country of Residence: Canada (Australian non-resident) International Lifestyle: Leaving the door open to retire in either Australia or Canada - hence the global weighting. Currency: AUD Emergency funds: 20k Debt: 5k owing on mortgage (350k redraw available) - Generating rental income ($750/month AU...
by Valuethinker
Thu Apr 15, 2021 12:40 am
Forum: Non-US Investing
Topic: Australian living in Canada
Replies: 6
Views: 413

Re: Australian living in Canada

Clearly you moved to Canada for the weather? ;-). Generally this is about tax. I don't know how CCRA (ie IRS for Canadians) treats non Canada, non US domiicled funds. The reverse situation (Canadian fund in the UK) turned out to be very painful indeed. Also whether RRSP and Australian super are prot...
by Valuethinker
Wed Apr 14, 2021 8:41 am
Forum: Investing - Theory, News & General
Topic: Gold and correlations
Replies: 12
Views: 917

Re: Gold and correlations

You want to use gold miners as a proxy for gold. If that's true, then gold miners should roughly track gold. I don't know if that's true or not but I'm happy to accept that as a premise. There has been a lot of discussion on how to value gold. https://www.bogleheads.org/forum/viewtopic.php?f=10&...
by Valuethinker
Wed Apr 14, 2021 8:40 am
Forum: Investing - Theory, News & General
Topic: Gold and correlations
Replies: 12
Views: 917

Re: Gold and correlations

Sure, Gold miners have been like a leveraged play on gold. In the past this was literally true as Gold miners were highly indebted. Now gold miners actually have very clean balance sheets and are less leveraged than almost any other part of the stock market. Still I think an appreciating gold price...
by Valuethinker
Wed Apr 14, 2021 8:38 am
Forum: Investing - Theory, News & General
Topic: Gold and correlations
Replies: 12
Views: 917

Re: Gold and correlations

LTCM wrote: Tue Apr 13, 2021 2:47 pm What appears to be a 25 year old article on the topic. Still waiting for that albatross to fly.

http://www.efficientfrontier.com/ef/197/preci197.htm
http://www.efficientfrontier.com/ef/adhoc/gold.htm

from 2004/05. Still the right way to think about this asset, I believe.
by Valuethinker
Wed Apr 14, 2021 8:36 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 230
Views: 19905

Re: Cryptocurrency - Bitcoin Continues to Soar!

I personally, as a young person whose friends buy crypto all the time, believe this fad will end someday, badly. My friends recently bought a coin that went from $0.30 to $16 in a few months. I read the white paper published by the creator of the coin and tried to look using my electrical engineeri...
by Valuethinker
Wed Apr 14, 2021 8:28 am
Forum: Personal Investments
Topic: ETF For Cybercurrency If Asset Class
Replies: 35
Views: 2171

Re: ETF For Cybercurrency If Asset Class

OK, I am starting to wonder if maybe this whole "crazy Bitcoin thing" (or, cybercurrencies, more generally), might not actually now be a real asset class. And if so, what ETF(s) would an index investor consider for a sliver of his/her nest egg? Brings a huge smile to my face .... thinking...
by Valuethinker
Wed Apr 14, 2021 8:26 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 230
Views: 19905

Re: Cryptocurrency - Bitcoin Continues to Soar!

BTC and ETH are at all time highs today, yet no posts here. What kind of "Bitcoin Continues to Soar!" thread is this? lol It’s been a good past 6 months being in cryptos. It has accelerated my retirement by several years. I continue to take profits while maintaining a 5-8% in both BTC and...
by Valuethinker
Wed Apr 14, 2021 5:32 am
Forum: Investing - Theory, News & General
Topic: What important truth do very few people agree with you on?
Replies: 5
Views: 990

Re: What important truth do very few people agree with you on?

Beware. A lot of what goes for "contrarian" thinking is just adhering to some crazy notion on the internet. WTC 7 etc. Chips in vaccines. It's very rare to find a genuine independent thinker out there (Umair Haque is one). To keep this conversation relevant to investing, I would propose th...
by Valuethinker
Wed Apr 14, 2021 5:29 am
Forum: Investing - Theory, News & General
Topic: International is in meltdown
Replies: 410
Views: 35021

Re: International is in meltdown

That pretty much sums it up the argument for why always international. There's no true answer there. The more interesting question is whether international makes sense this year in particular. I happen to think the dollar will downtrend later this year, which usually will make emerging markets more...
by Valuethinker
Wed Apr 14, 2021 4:25 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 168
Views: 16397

Re: Did you move for better weather? Did you regret it?

And if you love skiing, say, or windsurfing, it's best to live somewhere where you can ski or windsurf (or its not too taxing to get to either). Set those aside. If you are not happy with yourself, moving will not change things. This is what I've come to realize. We live in MN so if we moved litera...
by Valuethinker
Wed Apr 14, 2021 4:09 am
Forum: Non-US Investing
Topic: Brokerage Choice for US Citizen moving to UK
Replies: 2
Views: 246

Re: Brokerage Choice for US Citizen moving to UK

Hi, I am planning to consolidate my brokerage accounts before moving to UK. Which broker will allow me to keep buying VTI, VXUS etc. (UK-reporting US domiciled funds) after I update my address to UK? Vanguard? Interactive Brokers? Will they convert my account to UK? I think I can qualify for profes...
by Valuethinker
Tue Apr 13, 2021 9:23 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 168
Views: 16397

Re: Did you move for better weather? Did you regret it?

Didn't move to Wisconsin for weather alone, but it was a drawing point. Nice calm and colorful autumns, cold and white winters with lots to do outside, and hot(ish) humid verdant summers. The only regret is that winter is really hard on the house (like a bursting pipe for the radiators) and the car...
by Valuethinker
Tue Apr 13, 2021 9:19 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 168
Views: 16397

Re: Did you move for better weather? Did you regret it?

It was nice not to have to check the weather every day for the threat of tornadoes or damaging winds. My brother moved from CA nearer to the coast in SC so his location is more susceptible to hurricanes than ours. Good thing we both don't mind a little adventure in our lives during retirement. As f...
by Valuethinker
Tue Apr 13, 2021 9:10 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 168
Views: 16397

Re: Did you move for better weather? Did you regret it?

The third time someone asks "what church do you attend?" - I'm packing up. Ooh, no. You could have a lot of fun with any number of answers. Friend did his graduate work in Tuscaloosa AL. About the 10th time he clocked onto "I am Greek Orthodox" (nominally his family is) and *the...
by Valuethinker
Tue Apr 13, 2021 8:08 am
Forum: Non-US Investing
Topic: Transparency of accumulating ETFs - How do I check? [Netherlands]
Replies: 10
Views: 789

Re: Transparency of accumulating ETFs - How do I check? [Netherlands]

... - the Accumulation Fund cannot give the author the tax information s/he needs without digging, and possibly not at all - There's no difference between holding Accumulation v Distribution fund units, other than dealing costs, and those the author states are very low So why, then, hold Accumulati...
by Valuethinker
Tue Apr 13, 2021 7:58 am
Forum: Non-US Investing
Topic: Transparency of accumulating ETFs - How do I check? [Netherlands]
Replies: 10
Views: 789

Re: Transparency of accumulating ETFs - How do I check? [Netherlands]

I might be missing something here, but in the absence of a transparent and accessible way to see that, I might be tempted to go for a distributing fund (I live in the Netherlands and tax-wise distributing vs accumulating makes no difference) and simply reinvest the dividends that I get in January a...
by Valuethinker
Tue Apr 13, 2021 4:52 am
Forum: Personal Finance (Not Investing)
Topic: Still in Finance Kindergarden
Replies: 11
Views: 1181

Re: Still in Finance Kindergarden

Overseas financial status UK Mortgage - We have kept our marital home in UK. We appointed a Property Manager and they have tenants in it. We have a remaining mortgage term of 13 years with a balance of £165k GBP (around $226k USD) at an ARM interest rate of Bank of England base rate + 0.49% (so rig...
by Valuethinker
Tue Apr 13, 2021 4:18 am
Forum: Personal Consumer Issues
Topic: Price of lumber / housing boom
Replies: 7
Views: 1585

Re: Price of lumber / housing boom

Long story short I want to build a 30x50 detached garage on my property. Similar projects go for $50k to $70k historically in my neighborhood. I got 3 quotes at or above $100k. More than I am willing to spend right now. Builders say it's because lumber prices are 3x to 4x higher these days. I belie...
by Valuethinker
Mon Apr 12, 2021 11:47 am
Forum: Non-US Investing
Topic: Transparency of accumulating ETFs - How do I check? [Netherlands]
Replies: 10
Views: 789

Re: Transparency of accumulating ETFs - How do I check? [Netherlands]

I might be missing something here, but in the absence of a transparent and accessible way to see that, I might be tempted to go for a distributing fund (I live in the Netherlands and tax-wise distributing vs accumulating makes no difference) and simply reinvest the dividends that I get in January a...
by Valuethinker
Mon Apr 12, 2021 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Can I early retire from my corporate job?
Replies: 44
Views: 6905

Re: Can I early retire from my corporate job?

I am seeking some guidance from many seasoned Bogleheads in this forum on my retirement plans. Here are some details about me: Personal : Age 47, DW Age 43, 2 kids - 16, 12 years of age. Kids are expected to attend college in 2 and 6 years respectively. DW is a stay at home parent. We live in US co...
by Valuethinker
Mon Apr 12, 2021 7:09 am
Forum: Non-US Investing
Topic: Vanguard ESG Global All Cap UCITS ETF
Replies: 26
Views: 2402

Re: Vanguard ESG Global All Cap UCITS ETF

I have been waiting for this kind of ETF for Europeans to invest in. One ticket solution to the whole world, simple and beautiful. I am going to make this the core of my portfolio. I would probably prefer it to be non-esg, though, but I am not too much against it and in the long run it might not ma...
by Valuethinker
Mon Apr 12, 2021 7:08 am
Forum: Non-US Investing
Topic: Vanguard ESG Global All Cap UCITS ETF
Replies: 26
Views: 2402

Re: Vanguard ESG Global All Cap UCITS ETF

I am puzzled because this is, I think, exactly what I have invested in in my ISA (ie UK). https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc This is a UK domiciled OEIC (approximately equivalent to a US mutual fund). Unlike a UCITS ETF, it won't be readil...
by Valuethinker
Mon Apr 12, 2021 6:43 am
Forum: Non-US Investing
Topic: Vanguard ESG Global All Cap UCITS ETF
Replies: 26
Views: 2402

Re: Vanguard ESG Global All Cap UCITS ETF

I have been waiting for this kind of ETF for Europeans to invest in. One ticket solution to the whole world, simple and beautiful. I am going to make this the core of my portfolio. I would probably prefer it to be non-esg, though, but I am not too much against it and in the long run it might not ma...
by Valuethinker
Mon Apr 12, 2021 2:14 am
Forum: Non-US Investing
Topic: Vanguard ESG Global All Cap UCITS ETF
Replies: 26
Views: 2402

Re: Vanguard ESG Global All Cap UCITS ETF

I have been waiting for this kind of ETF for Europeans to invest in. One ticket solution to the whole world, simple and beautiful. I am going to make this the core of my portfolio. I would probably prefer it to be non-esg, though, but I am not too much against it and in the long run it might not ma...
by Valuethinker
Sun Apr 11, 2021 3:33 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 860

Re: UK Question - Platform risk - Pillar 3

I assume by platform you mean broker or bank. I do split my investments as much as possible below £ 85000 per platform, except my ISA and pension. It's costly and creates complexity but it reduces risk. "The Financial Services Compensation Scheme (FSCS) protects up to £85,000 per person, per f...
by Valuethinker
Sun Apr 11, 2021 3:31 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 860

Re: UK Question - Platform risk - Pillar 3

I assume by platform you mean broker or bank. I do split my investments as much as possible below £ 85000 per platform, except my ISA and pension. It's costly and creates complexity but it reduces risk. "The Financial Services Compensation Scheme (FSCS) protects up to £85,000 per person, per f...
by Valuethinker
Sat Apr 10, 2021 10:04 am
Forum: Personal Investments
Topic: Protect savings from imminent inflation?
Replies: 29
Views: 2952

Re: Protect savings from imminent inflation?

Very soon we will be paying more for every single thing since majority of the what we buy is either imported or made in the United States with imported material. Currently importers and manufacturers have no choice but pay double or in some cases triple to bring in, deliver and distribute the produ...
by Valuethinker
Sat Apr 10, 2021 9:47 am
Forum: Non-US Investing
Topic: UK Question - Platform risk - Pillar 3
Replies: 8
Views: 860

Re: UK Question - Platform risk - Pillar 3

I don't know the answer to your OP but I think it's a great point. I have some investments at a relatively unknown broker, and over time they have grown to a pretty large sum, over 1M£. I sometimes think I should move them to another broker but I haven't yet. I get good deals when they execute trad...
by Valuethinker
Fri Apr 09, 2021 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a paycut for a more stable state job (CA)?
Replies: 76
Views: 4727

Re: Taking a paycut for a more stable state job (CA)?

Hey all, Wanted to get some feedback on a situation I'm facing... currently at high-paying job with a Fortune 500 company (finance/banking) and while the pay and benefits (including fulltime WFH even before COVID) have been great, there have been many changes in the past year leading to highly ques...
by Valuethinker
Fri Apr 09, 2021 12:34 pm
Forum: Non-US Investing
Topic: Cash Portfolio Currency
Replies: 2
Views: 441

Re: Cash Portfolio Currency

Hello, I keep 20% of my portfolio as cash. I use EUR for the biggest part of my cash portfolio, but I am already at my bank's EUR negative interest threshold. I will add another currency to my cash portfolio and I'm thinking GBP or CHF because of the low inflation. Any suggestions? Thanks. No one p...
by Valuethinker
Fri Apr 09, 2021 5:25 am
Forum: Personal Investments
Topic: pay off 165k business property loan?
Replies: 12
Views: 1087

Re: pay off 165k business property loan?

My only thought is how does interest on your loan affect your tax position? What interest rate are you paying after tax? Also how does you accelerating repayment affect your equity position vis a vis Co owner? You don't want to be putting more money in that increases the value if his equity. Setting...
by Valuethinker
Fri Apr 09, 2021 5:13 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 455
Views: 306193

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

Just reading through this again, and it is so insightful every time. Thank you Sheepdog and others who bared all in stressful and emotional times. I was young during the 2008 crash and not yet a Boglehead - just a few years out of college and putting money toward retirement each year but obviously ...
by Valuethinker
Thu Apr 08, 2021 9:15 am
Forum: Personal Investments
Topic: Why not use cash for RE rentals?
Replies: 29
Views: 2451

Re: Why not use cash for RE rentals?

I'm looking for a sanity check on an idea that I might change my AA from 50/50 to 50/25/25 (stock/RE/bond). The reason: diversification. I'm uncomfortable with so much in cash/bonds "doing nothing" but not comfortable increasing equity. I see the RE risk as about midway between stock and ...
by Valuethinker
Thu Apr 08, 2021 9:10 am
Forum: Personal Investments
Topic: Why not use cash for RE rentals?
Replies: 29
Views: 2451

Re: Why not use cash for RE rentals?

I'm looking for a sanity check on an idea that I might change my AA from 50/50 to 50/25/25 (stock/RE/bond). The reason: diversification. I'm uncomfortable with so much in cash/bonds "doing nothing" but not comfortable increasing equity. I see the RE risk as about midway between stock and ...
by Valuethinker
Thu Apr 08, 2021 9:06 am
Forum: Personal Investments
Topic: Why not use cash for RE rentals?
Replies: 29
Views: 2451

Re: Why not use cash for RE rentals?

Generally, the reason to not use cash is to leverage up the return on your capital. You can certainly pay cash and dramatically reduce your risk in some ways (although liquidity risk becomes much more of an issue that way, but I'm assuming you have plenty of money). The problem is that you're talki...
by Valuethinker
Thu Apr 08, 2021 9:03 am
Forum: Personal Consumer Issues
Topic: What EV to buy for 20k-25k?
Replies: 63
Views: 5460

Re: What EV to buy for 20k-25k?

If you want an EV at a super low price, consider buying a used Nissan Leaf. I saw a couple at my local Carmax that were amazing deals. I bought a 2019 Leaf SV with 6000 miles on it from CarMax a couple months ago for cheap. Love it. Also, plugging into a regular outlet won’t give you 40-50 miles, u...
by Valuethinker
Thu Apr 08, 2021 8:59 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2325

Re: UK investors: what are you doing for fixed income?

However the yield curve is much much flatter now than it has been historically, so the cost of holding cash is theoretically less. Unless interest rates go down even *further* :happy :happy :? :? As far as I see, if you are a long-term investor that doesn't help at all because the bonds you already...
by Valuethinker
Thu Apr 08, 2021 8:55 am
Forum: Investing - Theory, News & General
Topic: Are international bonds worth it?
Replies: 6
Views: 933

Re: Are international bonds worth it?

I do not like international bonds because in addition to interest rate risk, they have currency risk which is too much risk for a supposedly safe investment. Currency risk could be hedged, but there is an added cost for that. The cost of currency hedging should be quite small. The majority of bond ...
by Valuethinker
Thu Apr 08, 2021 5:19 am
Forum: Personal Consumer Issues
Topic: What EV to buy for 20k-25k?
Replies: 63
Views: 5460

Re: What EV to buy for 20k-25k?

I’ve been wanting to buy an EV for a long time. Looks like this June will be the time for me to do it. But what should I get? My thoughts and considerations: We will have a second car, a minivan Hoping to spend 25k max out the door, all cash We usually keep cars for a very very long time, mostly fo...
by Valuethinker
Thu Apr 08, 2021 5:16 am
Forum: Personal Consumer Issues
Topic: What EV to buy for 20k-25k?
Replies: 63
Views: 5460

Re: What EV to buy for 20k-25k?

If you want an EV at a super low price, consider buying a used Nissan Leaf. I saw a couple at my local Carmax that were amazing deals. I bought a 2019 Leaf SV with 6000 miles on it from CarMax a couple months ago for cheap. Love it. Used Leafs are not the steal they used to be, but they’re still a ...
by Valuethinker
Thu Apr 08, 2021 4:09 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2325

Re: UK investors: what are you doing for fixed income?

Agree with all your posts Valuethinker However was it not another of the great John Bogle,s sayings...... “Financial forecasters never tire of saying -This time it’s different!-in fact it rarely is” Over many years of investing-am now 75-found his take on this particular statement to be accurate Fo...
by Valuethinker
Wed Apr 07, 2021 10:21 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2325

Re: UK investors: what are you doing for fixed income?

Insofar as GBP is a cyclical currency an unhedged global bond fund might be superior for when it's most needed - rebalancing in Q1 2009, Q1 2018, Q2 2020 etc. You are adding an asset class with a volatility greater than its expected return. You are basically taking a bet on currencies. The main rea...
by Valuethinker
Wed Apr 07, 2021 10:19 am
Forum: Non-US Investing
Topic: UK investors: what are you doing for fixed income?
Replies: 36
Views: 2325

Re: UK investors: what are you doing for fixed income?

Retd 17 years and made a big enough pile 65% of portfolio is Vanguard Global Bond Index Fund hedged to the Pound-been for many years It’s main job is to reduce volatility in the portfolio which it has done successfully The NAV has increased at over 4% pa which has been a bonus Done the “ fixed inco...