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Is anyone here a nomad capitalist?
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nomadphilippines Offline
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Post: #76
RE: Is anyone here a nomad capitalist?
ive done a bunch of research on stocks and listed to guys like buffet talk and the most common easy advice is just buy the vanguard s&p 500 stock

the only problem with this is that if you put all your money in that and the american economy truly tanks you are SOL

does the london or hong kong stock exchange have something similar?

i am seeing SPXS for london? is that right?

is there one for the full hong kong market? what about singapore? any other good countries to look into?

thanks for any help
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08-26-2017, 12:42 AM
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Bobmaher25 Offline
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Post: #77
RE: Is anyone here a nomad capitalist?
If your concern is not diversifying away country specific risk by investing in only the SP500, which is just investing in the largest cap U.S. stocks, then just use a different fund that tracks a broader index.  Examples:

1.  Total U.S. equities, ticker VTI.  Includes the SP500 and thousands of smaller companies comprising 99% of the U.S. equity market by capitalization.
2.  Total International, ticker VXUS.  Includes 99% of non U.S. equities across developed (non-U.S.) and emerging markets by capitalization.
3.  Total World, ticker VT.  Includes top 98% of all equities in both U.S. and International, developed and emerging, by capitalization in a single fund.

All 3 of these ETFs, and their associated mutual funds, contain the stocks of thousands of companies and are better than just an SP500 fund.  You can slice and dice your portfolio however you want, there are way more mutual funds and ETFs these days than individual stocks.
08-26-2017, 10:54 AM
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nomadphilippines Offline
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Post: #78
RE: Is anyone here a nomad capitalist?
ok thanks, but nothing to like bet directly on hong kong or singapore or uk?

where do you guys go to research which etf's you like? any good user friendly site?
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08-27-2017, 02:12 PM
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Bobmaher25 Offline
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Post: #79
RE: Is anyone here a nomad capitalist?
If you want them they exist. Country specific ETFs are out there. You'd probably be looking at iShares products like:

iShares MSCI Hong Kong ETF: Ticker EWH
iShares MSCI United Kingdom ETF: Ticker EWU
iShares MSCI Singapore ETF: Ticker EWS

I wouldn't advise a self-described noob investor to make bets on countries, sectors, or individual stocks but whatever floats your boat Smile
08-27-2017, 02:41 PM
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nomadphilippines Offline
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Post: #80
RE: Is anyone here a nomad capitalist?
just trying to diversify, mostly will be in the vanguard fund
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08-28-2017, 02:09 PM
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Bobmaher25 Offline
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Post: #81
RE: Is anyone here a nomad capitalist?
Holding those will not help you diversify because the constituents of the country specific etfs are already included at market weight in for example VXUS or VT. If you buy the Hong Kong etf it means you are buying the same companies in two different funds. And the country specific ETFs will come at a higher expense ratio.

For example the top holdings in EWH include AIA GROUP LTD, CK HUTCHISON HOLDINGS LTD, and HONG KONG EXCHANGES AND CLEARING. All of those and more are in the FTSE index that VT tracks and therefore are in the fund already.

Adding the country specific ETFs is only if you want to overweight their representation in your portfolio because you believe those areas will outperform the overall market. In a sense making a focused bet on a country or sector is lowering diversification. It's probably ok to make a play like that with a small portion of your portfolio though if you really believe in those countries.
08-29-2017, 02:21 PM
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Tims Offline
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Post: #82
RE: Is anyone here a nomad capitalist?
Thanks for that link. Will defiantly have a look. I hate taxes.
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09-09-2017, 09:19 AM
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