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After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

asiae.co.kr

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Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#81

Post by itake »

khuey wrote: post #53
oezi wrote: post #49

I would be really interested to learn what the default advice for retail investors is across countries. In Germany the consensus is MSCI World or FTSE All-World ETFs. I believe in the US most advice goes to VTSAX (US Total Market), VOO (S&P500) and maybe QQQ (NASDAQ100) which means only US stocks. What gets recommended in other countries?

Generally the default fund in a decent 401(k) (employer managed but largely employee funded retirement plan) will be a "target date retirement fund" that contains a mix of equities and bonds according to the expected risk tolerance of someone at that age, and generally the equity component is also split between US and foreign equities. e.g. Fidelity's fund for people planning to retire around 2050 https://fundresearc…

target date funds always confused me, b/c they don't account for the rest of my portfolio.

My IRA/401(k) actually has close to 100% cash/bonds to minimize annual taxable impact and the rest of my portfolio is equities.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#82

Post by oezi »

khuey wrote: post #53
oezi wrote: post #49

I would be really interested to learn what the default advice for retail investors is across countries. In Germany the consensus is MSCI World or FTSE All-World ETFs. I believe in the US most advice goes to VTSAX (US Total Market), VOO (S&P500) and maybe QQQ (NASDAQ100) which means only US stocks. What gets recommended in other countries?

Generally the default fund in a decent 401(k) (employer managed but largely employee funded retirement plan) will be a "target date retirement fund" that contains a mix of equities and bonds according to the expected risk tolerance of someone at that age, and generally the equity component is also split between US and foreign equities. e.g. Fidelity's fund for people planning to retire around 2050 https://fundresearc…

3% less annual returns than the S&P500 over 10 years and the entire fund lifetime. That's a considerable difference.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#83

Post by oezi »

rafram wrote: post #51
oezi wrote: post #49

I would be really interested to learn what the default advice for retail investors is across countries. In Germany the consensus is MSCI World or FTSE All-World ETFs. I believe in the US most advice goes to VTSAX (US Total Market), VOO (S&P500) and maybe QQQ (NASDAQ100) which means only US stocks. What gets recommended in other countries?

Disagree on that being the advice in the US. Most basic investment advice (and target-date funds) will use a three-fund portfolio containing US, ex-US, and bonds.

In Europe bonds are mostly out of fashion because they pay very little or have considerable risk of default. At least for retail investors.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#84

Post by anovikov »

Barrin92 wrote: post #38
anovikov wrote: post #34

Earlier quoted context omitted.

With housing their being so cheap, what the hell is the problem anyway? It's impossible to have expensive real estate in a country that's dying out fast.

>It's impossible to have expensive real estate no it's very possible because in an aging country people relocate to a handful of cities. 50% of South Korea's population now lives in the Seoul metropolitan area. The real estate that's getting cheaper is the one decaying in the countryside. It's like saying Russia can't have expensive real estate because the country is big, what matters is where people are actually mov…

But indeed Moscow is one of the cheapest cities to buy housing in Europe... On par with poorer East European capitals and second-tier Central European cities.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#85

Post by anovikov »

timoshishi wrote: post #58
anovikov wrote: post #34

Earlier quoted context omitted.

With housing their being so cheap, what the hell is the problem anyway? It's impossible to have expensive real estate in a country that's dying out fast.

Housing is incredibly expensive. Roughly half of Korea lives and works in the Seoul metro area. The average salary is roughly 40,000 USD and the average apartment (maybe 84 square meters) is over 1 million USD. Government efforts to cool housing inflation have resulted in a 40 percent minimum down payment for a mortgage. Housing in Seoul and much of Gyeonggi is a pipe dream for most

Well it's their problem if everyone wants to live in the capital. Perhaps it's another manifestation of people being deeply irrational.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#86

Post by mock-possum »

readthenotes1 wrote: post #66
stickfigure wrote: post #52

Earlier quoted context omitted.

> housing (which is a requisite status symbol for dating or marriage I get that culture is hard to change, but it still seems easier than changing the economics. There are men and women out there who presumably are interested in partnering up; at some point you'd think biology will take over irrespective of which achievements have been unlocked. What's stopping them?

I thought Biology drives coupling, not partnering. Porn and 4B divert coupling...

What’s ‘4B’?

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#87

Post by apparent »

atwrk wrote: post #76
apparent wrote: post #55

Earlier quoted context omitted.

I'd think Starlink will help change this. Not for living in the actual dusty Outback (which has its own risks/dangers/inconveniences), but for living in many other places in Australia that are lovely and not too far from desirable areas.

Most people want to live where other people live, for reasons ranging from social connections to access to services and infrastructure. I doubt broadband access access plays even a small role.

Yeah, like I said, not talking about the boonies. There are plenty of lovely places that are >10km from those two cities, but which are still close enough to services and infrastructure.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#88

Post by Mogzol »

vasco wrote: post #47
x313 wrote: post #35

Earlier quoted context omitted.

Referring to ownership, not renting

[flagged]

What are you trying to say, that everyone should own a house? Surely you realize that is not a possibility for many, if not most, young people around the world.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#89

Post by stickfigure »

lottin wrote: post #64
stickfigure wrote: post #52

Earlier quoted context omitted.

> housing (which is a requisite status symbol for dating or marriage I get that culture is hard to change, but it still seems easier than changing the economics. There are men and women out there who presumably are interested in partnering up; at some point you'd think biology will take over irrespective of which achievements have been unlocked. What's stopping them?

Social status is a big part of what makes a person attractive especially if you're a man.

Sure, but - by definition - half the population is below average social status. At least here in the US, those people are still partnering up.
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