Search found 11 matches
- Fri Sep 25, 2020 4:21 pm
- Forum: Stocks
- Topic: RAFI under all market conditions
- Replies: 5
- Views: 2856
Re: RAFI under all market conditions
Sure, but the formula doesn't change. It's not active management, it's smart beta. You could claim it was based on back testing but then there's an argument that weighting by market cap is also back-tested smart beta, albeit with only one variable. Incidentally "equal weight" also loses ou...
- Fri Sep 25, 2020 1:39 am
- Forum: Stocks
- Topic: RAFI under all market conditions
- Replies: 5
- Views: 2856
Re: RAFI under all market conditions
Turns out it's better to not use a RAFI fund! Thanks!!
- Thu Sep 24, 2020 8:29 pm
- Forum: Stocks
- Topic: RAFI under all market conditions
- Replies: 5
- Views: 2856
RAFI under all market conditions
Any long-term holders of a RAFI/fundamental-weighted ETF? How do you find they perform under all four market conditions? I have a significant parcel of a RAFI ETF and I'm wondering whether to roll it over into something based on market cap weighting. The reason being, it looks instinctively to have ...
- Sun Oct 14, 2018 12:38 am
- Forum: Bonds
- Topic: Australia Gov't Bond Clause
- Replies: 3
- Views: 4600
Re: Australia Gov't Bond Clause
Regardless of what the government does, the secondary market will still exist, albeit with more trading friction. If GSBE47 is trading around 200 on the day the government decides to delist, offer yours on aussiestockforums.com for 199 and I guarantee you traders will find a way to purchase them bef...
- Fri Oct 12, 2018 1:50 am
- Forum: Bonds
- Topic: Australia Gov't Bond Clause
- Replies: 3
- Views: 4600
Re: Australia Gov't Bond Clause
Thanks for bringing this to my attention. Definitely concerning. Any ideas as to when the Government might be likely to exercise this option? Is there any precedent? My first thought is "why would the Government care what price it is trading at on the secondary market?" Just spitballing, s...
- Mon Nov 09, 2015 2:02 pm
- Forum: Bonds
- Topic: Which maturity?
- Replies: 11
- Views: 6422
Re: Which maturity?
No interest in a bond maturity ladder? I think it was Craig who wrote or said somewhere that if an investor runs a PP for several years, a rough bond ladder is more or less created through rebalancing and adding new money Hi Barrett - if that's the case then you may have inadvertently answered my q...
- Wed Nov 04, 2015 5:03 pm
- Forum: Bonds
- Topic: Which maturity?
- Replies: 11
- Views: 6422
Re: Which maturity?
Hi Barrett/Ochotona - thanks, yes I'm favouring just buying the 2039 bonds and leaving my 2037 bonds alone for another couple of years. Question for you, Justin... It looks to me that yields on 90-day bills there in Australia are about 2%. Is that true? Not sure exactly where you are looking but Cas...
- Tue Nov 03, 2015 9:54 pm
- Forum: Bonds
- Topic: Which maturity?
- Replies: 11
- Views: 6422
Re: Which maturity?
Hi Pet Hog - thanks for the response.
There are fees ($15/trade, plus a spread), but you made me realise that the fee/spread would be eclipsed by the capital appreciation/depreciation, which is where I should be focusing my energy.
Still, less trades is better. I'm leaning towards 2).
There are fees ($15/trade, plus a spread), but you made me realise that the fee/spread would be eclipsed by the capital appreciation/depreciation, which is where I should be focusing my energy.
Still, less trades is better. I'm leaning towards 2).
- Tue Nov 03, 2015 5:42 pm
- Forum: Bonds
- Topic: Which maturity?
- Replies: 11
- Views: 6422
Re: Which maturity?
Actually I just thought of a third option. So it's: 1) Continue purchasing 2037-maturity bonds until it's time to roll over the entire lot, 2) Purchase bonds with the longest maturity no matter what (in this case 2039-maturity bonds), or 3) Roll over your entire 2037-maturity holding into the bonds ...
- Tue Nov 03, 2015 5:30 pm
- Forum: Bonds
- Topic: Which maturity?
- Replies: 11
- Views: 6422
Which maturity?
For my next bond purchase, should I be purchasing bonds with 22 year maturity, or those with 24 year maturity? I purchase my bonds on the secondary market. Until now I had been stocking up on bonds that mature in 2037 (GSBG37 at http://www.asx.com.au/asx/markets/interestRateSecurityPrices.do?type=GO...
- Fri Jul 31, 2015 8:12 am
- Forum: Permanent Portfolio Discussion
- Topic: Backtesting for the Optimum HBPP Allocations
- Replies: 101
- Views: 255859
Re: Backtesting for the Optimum HBPP Allocations
Long time reader, first time poster. Too many people to thank for informative posts over the years, just hoping I can start to contribute a bit to pay back my debt to you all. Today I was reading here: http://www.ritholtz.com/blog/2015/07/the-golden-dilemma-2/ There is a section towards the back whi...