Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-12-2016, 08:44 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Gone4Good's Avatar
 
Join Date: Sep 2005
Posts: 5,381
Quote:
Originally Posted by FUEGO View Post
If it goes down more, I'll keep rebalancing into the drop. Not much fun on the way down but lots of fun on the way up (thinking back to mid-March 2009 now!).
Can't say I don't like the upswing. But I also get a fair amount of perverse pleasure rushing in where fools fear to tread.
__________________

__________________
Retired early, traveling perpetually.
Gone4Good is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-12-2016, 09:02 AM   #22
Thinks s/he gets paid by the post
DFW_M5's Avatar
 
Join Date: Sep 2003
Posts: 4,980
Anyone holding DODFX? I've been disappointed at how poorly this fund has performed relative to some other international funds. Active management not helping much, but I suppose its too big for them to easily make changes.
__________________

__________________
Doing things today that others won't, to do things tomorrow that others can't. Of course I'm referring to workouts, not robbing banks.
DFW_M5 is offline   Reply With Quote
Old 02-12-2016, 09:15 AM   #23
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,406
Quote:
Originally Posted by DFW_M5 View Post
Anyone holding DODFX? I've been disappointed at how poorly this fund has performed relative to some other international funds. Active management not helping much, but I suppose its too big for them to easily make changes.
I used to, but concluded, like you , that they were too big. EFA was a better choice for a broad int'l fund, and also potentially more tax efficient. I also narrowed much of my developed int'l portfolio to Europe.
__________________
MichaelB is offline   Reply With Quote
Old 02-14-2016, 06:52 AM   #24
Recycles dryer sheets
 
Join Date: Jun 2014
Posts: 433
Quote:
Originally Posted by NW-Bound View Post
For the last 3 years, the orange square does not bounce as much as dribble.

Any day now... You would think that with low energy cost, developing countries would do well.
Keep in mind that many developing countries have economies based on natural resources... and those are all getting hammered right now. It's the high tech, service and to some extend manufacturing economies that benefit from cheap oil.

Brazil, Russia, Venezuela, etc are rough shape. They want expensive oil .

China and India have their own problems.

That said I think this is the exactly why EM is a good buy right now.... if you have a 5-10 year time horizon.

Sent from my HTC One_M8 using Early Retirement Forum mobile app
__________________
petershk is offline   Reply With Quote
Old 02-14-2016, 10:42 AM   #25
Thinks s/he gets paid by the post
Fedup's Avatar
 
Join Date: Mar 2014
Location: Southern Cal
Posts: 2,930
Quote:
Originally Posted by DFW_M5 View Post
Anyone holding DODFX? I've been disappointed at how poorly this fund has performed relative to some other international funds. Active management not helping much, but I suppose its too big for them to easily make changes.

I sold it back in 2007.


Sent from my iPad using Early Retirement Forum
__________________
When I post IIRC, that means going by memory. Google is your friend for facts. Stop being a lazy bum, I can't do all the googling for you. I'm lazy too. LOL
Fedup is offline   Reply With Quote
Old 02-14-2016, 11:34 AM   #26
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,446
Quote:
Originally Posted by DFW_M5 View Post
Anyone holding DODFX? I've been disappointed at how poorly this fund has performed relative to some other international funds. Active management not helping much, but I suppose its too big for them to easily make changes.
It's simply international investments in general. They will turn around eventually.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is offline   Reply With Quote
When Global Stocks Go On Sale
Old 02-14-2016, 01:32 PM   #27
Full time employment: Posting here.
Markola's Avatar
 
Join Date: Nov 2013
Posts: 545
When Global Stocks Go On Sale

Our portfolio has 28% Vanguard International Stock Index and 3.5% Vanguard International Bond Index exposure. Supposedly, the positive correlation between US and International developed market stocks is growing. However, I can't get over the mental humps regarding how poorly the once-stellar Japanese stock market has done for decades now, what China's slowdown might still do to developing markets dependent on commodity exports to China, and that the International Stock Index just hasn't fared that well historically against US stocks. On the other hand, I can't go 100% US stocks because I want to avoid home market bias, US debt is scary, this bull market is getting long in the tooth, and our political leadership seems incapable of agreeing on what day of the week it is. Therefore, I am studying VT, the Vanguard Total World Stock Index ETF. It was created in 2008 and I want it to have a 10 year track record before I really move into it. VT is currently 56% North America and 44% everything else. It adjusts that ratio as countries' relative market caps adjust, which appeals to my index fund, "buy the whole racetrack, not particular horses" proclivity. Yet, it would greatly increase our international exposure if we went whole-hog. What do others think of VT, and VT versus VTSAX (Total US Stock Index) investing tradeoffs?
__________________
Markola is offline   Reply With Quote
Old 02-14-2016, 07:02 PM   #28
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 16,396
No particular view on VT but I would note that the 56% NA, 44% everything else would seem to be more than Vanguard's target retirement funds that hold 60% domestic/40% international equities, but not much different.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
pb4uski is offline   Reply With Quote
When Global Stocks Go On Sale
Old 02-14-2016, 07:29 PM   #29
gone traveling
 
Join Date: Oct 2007
Posts: 1,135
When Global Stocks Go On Sale

One must realize that international vs domestic is hard to distinguish.

With the recent number of historically USA based companies going for a tax inversion and merging with international entities, it's very hard to say what is domestic and what is international these days. Add to that the global exposure that many multinationals have in terms of revenue, R&D and manufacturing that is global and the whole idea of non-correlated markets goes out the window.

I hold about 20 percent VXUS... But many argue that just holding the SP500 exposes one to more than 20 percent "international" exposure in one form or another. At the large cap level, Markets are very tied together and correlates. Mid and small cap is less so but not by a whole lot...

Some examples below. ... Excluding Pfizer which was a big inversion.

How's your Gaeilge coming along??

ImageUploadedByEarly Retirement Forum1455499779.942089.jpg
__________________
papadad111 is offline   Reply With Quote
Old 02-14-2016, 08:08 PM   #30
Thinks s/he gets paid by the post
 
Join Date: Jun 2014
Posts: 1,035
Target allocation is 20% VEU, 20 VSS, and a fee more VWO. So yeah, my contributions have mostly all been supporting those allocations as international has waned. Can't wait for the eventual ride back up, just hope it doesn't take more than a decade or so.


Sent from my iPhone using Early Retirement Forum
__________________
dallas27 is offline   Reply With Quote
Old 02-14-2016, 09:00 PM   #31
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 1,152
Quote:
Originally Posted by papadad111 View Post
One must realize that international vs domestic is hard to distinguish.

With the recent number of historically USA based companies going for a tax inversion and merging with international entities, it's very hard to say what is domestic and what is international these days. Add to that the global exposure that many multinationals have in terms of revenue, R&D and manufacturing that is global and the whole idea of non-correlated markets goes out the window.

I hold about 20 percent VXUS... But many argue that just holding the SP500 exposes one to more than 20 percent "international" exposure in one form or another. At the large cap level, Markets are very tied together and correlates. Mid and small cap is less so but not by a whole lot...

Some examples below. ... Excluding Pfizer which was a big inversion.

How's your Gaeilge coming along??

Attachment 23229
Yes, this is one reason I own almost no large cap based in the USA (the other reason is that value tilting is cheaper in the USA). My USA allocation is almost entirely in small cap value (VBR). For foreign stocks, over 40% is small (especially VSS). It's more of a barbell approach. Small stocks are more local in nature. And I prefer my large cap exposure abroad.
__________________
kramer is offline   Reply With Quote
Old 02-14-2016, 09:43 PM   #32
gone traveling
 
Join Date: Oct 2007
Posts: 1,135
Hi Kramer. What funds or ETF's do you use for large caps non USA? Thanks !
__________________
papadad111 is offline   Reply With Quote
Old 02-15-2016, 03:56 AM   #33
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 1,152
Quote:
Originally Posted by papadad111 View Post
Hi Kramer. What funds or ETF's do you use for large caps non USA? Thanks !
For large caps non-USA I mostly use VEA and VWO. These indexes were recently changed to also include a few small caps (a good change, IMO), but the small cap part is probably only 10% of the total market exposure of these ETFs.

Then, i own a bit of EPHE (ishares for the Philippines market) and a bit of VPL (asia-pacific part of VEA above). I own these latter 2 to overweight the Philippines and its major trading partners a bit in my allocation (but not by much).
__________________
kramer is offline   Reply With Quote
Old 02-15-2016, 10:52 AM   #34
Full time employment: Posting here.
Markola's Avatar
 
Join Date: Nov 2013
Posts: 545
Quote:
Originally Posted by pb4uski View Post
No particular view on VT but I would note that the 56% NA, 44% everything else would seem to be more than Vanguard's target retirement funds that hold 60% domestic/40% international equities, but not much different.

This is true, and I tend to trust Vanguard's planners' allocations as prudent. If one wanted a strongly-equities portfolio, one could buy 45% VT, 45% VTSAX, and 10% cash. That would result in approximately 25% international exposure. I'm not saying I will, but I do like equities for the long haul.


Sent from my iPad using Early Retirement Forum
__________________

__________________
Markola is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Similar Stocks The simple and easy way to find similar ETFs, stocks and funds eroscott FIRE and Money 6 05-21-2015 09:51 AM
Campaign will raise awareness on Global Warming & Global Health Wags Other topics 13 04-03-2008 07:33 AM
individual stocks vs index funds,stocks poor choice mathjak107 FIRE and Money 31 09-12-2006 01:12 AM
Global diversification and portfolio survival ronin FIRE and Money 13 06-17-2005 07:22 PM
Global CPI wzd FIRE and Money 3 12-07-2004 11:03 AM

 

 
All times are GMT -6. The time now is 02:11 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.