Profile overview for rs2k2.
Submission statistics

This user has mostly submitted to the following subverses (showing top 5):

13 submissions to investing

1 submissions to PersonalFinance

1 submissions to RealEstate

This user has so far shared a total of 15 links, started a total of 0 discussions and submitted a total of 6 comments.

Voting habits

Submissions: This user has upvoted 2 and downvoted 0 submissions.

Comments: This user has upvoted 3 and downvoted 0 comments.

Submission ratings

5 highest rated submissions:

Whos Getting Bigger Pay Raises? Young Workers and New Hires, submitted: 7/14/2015 9:02:16 PM, 6 points (+6|-0)

Calculated Risk: FNC: Residential Property Values increased 5.4% year-over-year in May, submitted: 7/10/2015 7:23:14 PM, 4 points (+4|-0)

Fed's Yellen says expects rate hike this year, but cites labor weakness, submitted: 7/10/2015 7:43:59 PM, 4 points (+4|-0)

Is Greece Worse Off Than the U.S. During the Great Depression? Yes., submitted: 7/10/2015 5:01:52 PM, 4 points (+4|-0)

Europe stocks rise as Greek bailout optimism grows, submitted: 7/10/2015 5:03:01 PM, 3 points (+3|-0)

5 lowest rated submissions:

WSJ Paywall: History of Government Market Interventions, submitted: 7/10/2015 6:10:12 PM, 0 points (+1|-1)

Greece debt crisis: Eurozone summit strikes deal - BBC News, submitted: 7/13/2015 4:37:03 PM, 2 points (+2|-0)

First-time Buyers are Younger, Less Sophisticated, Poorer - but Not Riskier, submitted: 7/13/2015 10:35:52 PM, 2 points (+2|-0)

MND: Foreclosure Inventory Rapidly Disappearing, submitted: 7/14/2015 9:00:50 PM, 2 points (+2|-0)

Did the Oil and Gas Boom Spur Men to Drop Out of High School?, submitted: 7/14/2015 9:04:13 PM, 2 points (+2|-0)

Comment ratings

3 highest rated comments:

My teenage son is a counselor at camp. I send him a joke by e-mail every morning. Running out of Dad jokes. What's your favorite? submitted by bobroland to AskVoat

rs2k2 0 points 16 points (+16|-0) ago

Why did the bike fall over?

it was two-tired

How many of you came from Reddit? submitted by supercouple to AskVoat

rs2k2 0 points 3 points (+3|-0) ago

I may be wrong but I think "you" can be both singular and plural

Holy shit, are we back for real? submitted by JJEvil to AskVoat

rs2k2 0 points 2 points (+2|-0) ago

I agree. It probably sucks to pay for way more capacity than needed for 90% of the time but people would only leave Reddit in waves which is when voat absolutely needs to be able to handle the traffic.

3 lowest rated comments:

AMD closed for less than 2$ a share today. submitted by Fishflinger to investing

rs2k2 0 points 0 points (+0|-0) ago

PC sales are falling. Console graphics cards are extremely low margin. High competition and barriers to entry in mobile market (even Intel is struggling there), same goes for servers, which Intel is doing relatively better in.

Direct international Investing vs. US domestic investing in international funds submitted by ilikechickens to investing

rs2k2 0 points 1 points (+1|-0) ago

If you want to invest international and you already have money abroad, I would keep that money abroad and invest it directly. By investing in US-domiciled international funds (I'm going to use Emerging Markets ETFs in this example), you pay fees to the middlemen in the form of expense ratios that could cut 15 to 100 basis points off your return (0.15% to 1.00%):

However, that also depends on your investing skill and comfort. Investing in the Vanguard Emerging Markets ETF gives you instant diversification across countries and industries but you don't get to choose the allocation. The top 10 holdings in VWO for example are Tencent, China Construction Bank, China Mobile, Taiwan Semicondutor, and Industrial and Commercial Bank of China. You can see how this is very China-heavy and 27% of the fund is in China versus 7% in Brazil and 5% in Mexico. If you're looking for a set-it-and-forget-it fund, VEU (Total World ex-US) combined with SPY might be a better option.

Long story short, if you believe in your skill and knowledge, investing directly is the cheaper option and also gives you direct control of your holdings, as well as open up new investible opportunities that a US-based investor cannot access such as the mainland China A-shares. However, if you're more interested in just gaining exposure to Asia/global equities, bringing the money back to the US and investing global ETFs is likely the simpler, headache-free strategy (tax implications aside. I am not an expert in tax law).

Whos Getting Bigger Pay Raises? Young Workers and New Hires submitted by rs2k2 to investing

rs2k2 0 points 1 points (+1|-0) ago

It doesn't seem like it. My sense is that it's a snapback reaction from the recession. In a hypothetical world, employers would reduce costs by implementing a paycut across all employees. In the real world however, this is close to impossible to implement, and what ends up happening is that employers end up freezing wages and pushing most of the cost savings onto the younger workers and new hires. An example would be the two-tiered wage system implemented for UAW members (GM, Ford, etc), where workers hired before 2008 start at $28/hour but new hires start at $15.78/hour, before increasing to $19.28/hour after four years. (Side note, the two-tier system for UAW members might be eliminated soon:

What happened was that employers reduced labor cost on average by keeping senior wages artificially high (unchanged) and bringing new hires much lower. As the economy recovers, employers are reluctant to move senior wages that much since they are already higher than company average, but must pay new hires more competitively to retain them as job openings spring up. In other words, employers are bringing young worker and new hire wages back to the market rate as their job prospects pick up.