Search found 986 matches

by Bankai
Wed May 17, 2023 5:45 pm
Forum: Money and Investment Questions
Topic: stock market coulda/shoulda/woulda
Replies: 28
Views: 3776

Re: stock market coulda/shoulda/woulda

SpaceX
Moderna
by Bankai
Sun May 07, 2023 3:51 am
Forum: Money and Investment Questions
Topic: Silicon Valley Bank fails
Replies: 97
Views: 48759

Re: Silicon Valley Bank fails

Markets don't care but the 3 recent bank failures were actually 2nd, 3rd & 4th biggest in US history with combined assets between the 3 much higher than the previous 500 or so failures since 2009 combined. It's probably only a matter of time before there are more failures - will be interesting t...
by Bankai
Thu May 04, 2023 3:10 pm
Forum: Money and Investment Questions
Topic: Active Investors, what is your "routine"?
Replies: 26
Views: 3114

Re: Active Investors, what is your "routine"?

It's not particularly high compared with other Northern European countries. The UK has 40% tax above £50000 plus 13% mandatory social security contributions. I suspect Belgium pays for its zero capital gains by somewhat higher income tax. The UK is a tax haven. A contractor on $150k a year can 'emp...
by Bankai
Mon May 01, 2023 5:26 pm
Forum: Money and Investment Questions
Topic: Investments Trade Log
Replies: 3044
Views: 773833

Re: Investments Trade Log

When British American Tobacco tells me they make X amount of dollars in bottom line and consistently have paid out 80% of that amount in dividends, I feel comfortable they're not pulling an Enron. If these are the criteria, a company cannibalizing itself by selling down its assets would be 'legit' ...
by Bankai
Mon May 01, 2023 8:36 am
Forum: Money and Investment Questions
Topic: Investments Trade Log
Replies: 3044
Views: 773833

Re: Investments Trade Log

Companies borrow to pay dividends all the time. Looks like faking to me.
by Bankai
Sun Apr 30, 2023 5:22 pm
Forum: Money and Investment Questions
Topic: Investments Trade Log
Replies: 3044
Views: 773833

Re: Investments Trade Log

These are technically not the same. In the US they are treated differently. In the UK most investments are tax-sheltered (ISAs and pensions) so there's no difference in treatment. However, my point was that many 'dividend investors' think that dividends are some additional value added to their inve...
by Bankai
Sun Apr 30, 2023 5:02 pm
Forum: ERE Journals
Topic: guitar player's journal
Replies: 475
Views: 122273

Re: guitar player's journal

Great progress on multiple fronts! Studies I am officially not doing the MSc in Data Science. I will be busy with the investment curriculum. Are you planning a more active investing approach or is it just for increasing understanding? Stoicism Was pondering impermanence of individual life as DW's fr...
by Bankai
Sun Apr 30, 2023 4:21 pm
Forum: ERE Journals
Topic: 3 yrs to FI: ertyu's journal
Replies: 681
Views: 101042

Re: 3 yrs to FI: ertyu's journal

At the end of my current contract, if all goes well, I will have saved 25x the median yearly wage in my country of origin. Good job! That's a big milestone and should give a lot of comfort. I was looking at various economic indicators in European countries over the last decade and a half and realiz...
by Bankai
Wed Apr 26, 2023 12:06 pm
Forum: Money and Investment Questions
Topic: Investments Trade Log
Replies: 3044
Views: 773833

Re: Investments Trade Log

Once one realizes dividends are not a return on capital but a return of capital, they lose all allure.
by Bankai
Sat Apr 08, 2023 5:14 am
Forum: Money and Investment Questions
Topic: Pension/ annuity vs Index funds?
Replies: 3
Views: 627

Re: Pension/ annuity vs Index funds?

A couple of other points to consider: if you transfer out, your pension doesn't stop compounding once you start drawdown (assuming you keep it in stocks and not trade for an annuity) so the upside potential is even higher. Also, most DB pensions only pay while you're alive so no inheritance unlike i...
by Bankai
Thu Mar 30, 2023 11:28 am
Forum: Money and Investment Questions
Topic: Losing your FI to the markets
Replies: 34
Views: 5374

Re: Losing your FI to the markets

ertyu wrote:
Thu Mar 30, 2023 8:10 am
for this you need to look at the shiller pe, not at the % drawdown from ath
From ERN:

Image
by Bankai
Thu Mar 30, 2023 6:33 am
Forum: Money and Investment Questions
Topic: Losing your FI to the markets
Replies: 34
Views: 5374

Re: Losing your FI to the markets

Sequence of returns risk looks much differently for someone retiring now vs someone retiring in 2009. Well of course it's hard to beat retiring at the bottom of a bear market at 55% real drawdown, but that's cherry-picking the best (tied with the internet bubble bottom) time to retire in the last h...
by Bankai
Wed Mar 29, 2023 1:42 pm
Forum: Money and Investment Questions
Topic: Losing your FI to the markets
Replies: 34
Views: 5374

Re: Losing your FI to the markets

1.08% WR has historically been bulletproof. If you're already diversified globally, you don't even have to worry about home bias working against you, and your time is better spent on leveling up skills and your web of pleasant distractions. Markets fluctuate. Many here, including Jacob, retired on m...
by Bankai
Mon Mar 20, 2023 3:21 pm
Forum: Money and Investment Questions
Topic: Investments Trade Log
Replies: 3044
Views: 773833

Re: Investments Trade Log

Something something falling knives...
by Bankai
Wed Mar 08, 2023 6:04 am
Forum: Resources & Recommended Reading
Topic: chatGPT
Replies: 106
Views: 19608

Re: chatGPT

Apparently, there's now RadioGPT operated fully by AI, playing music, doing interviews with guests etc. Things are starting to move fast.
by Bankai
Sun Mar 05, 2023 5:07 pm
Forum: ERE Journals
Topic: 3 yrs to FI: ertyu's journal
Replies: 681
Views: 101042

Re: 3 yrs to FI: ertyu's journal

In all honesty, what stops me is that a therapist's regular, non-insurance fee is approximately 200 dollars, and if I met them once a week, that's 800 dollars on therapy where ideally, my monthly expenses as a whole would be 500. Why would you hire a US shrink for $200 if you can get one from your ...
by Bankai
Fri Feb 10, 2023 4:43 am
Forum: Health and Food Questions
Topic: Protecting against dementia
Replies: 97
Views: 13431

Re: Protecting against dementia

Well the body only needs about 0.5g a day and multiple heath institutions/organisations are recommending to keep intake below 1-1.5g per day while Chinese are recommending 10x what human body needs as a minimum. On the other hand they are also recomending meat, fish, dairy and eggs so the whole thin...
by Bankai
Fri Feb 10, 2023 3:25 am
Forum: Health and Food Questions
Topic: Protecting against dementia
Replies: 97
Views: 13431

Re: Protecting against dementia

Creatine's been used very widely for several decades, including by top level athleats. It's reasonable to assume side effects are either non-existant or very rare. Looking at Chinese pagoda, I wonder what do they know that the West doesn't when recommending >5g of salt per day while here the recomme...
by Bankai
Thu Feb 09, 2023 3:49 am
Forum: Health and Food Questions
Topic: Protecting against dementia
Replies: 97
Views: 13431

Re: Protecting against dementia

Overall, people with four to six healthy behaviours or two to three were almost 90% and almost 30% respectively less likely to develop dementia or mild cognitive impairment relative to those who were the least healthy, the BMJ reported. Dr Susan Mitchell, head of policy at Alzheimer’s Research UK, ...
by Bankai
Fri Feb 03, 2023 7:00 am
Forum: Money and Investment Questions
Topic: Is it worth trying to beat the market?
Replies: 17
Views: 2539

Re: Is it worth trying to beat the market?

I suspect so - the more difficult the environment, the bigger the gap I'd expect between the index and the 'average investor' outcome.