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Re: PM to multiple users ?

hmm - I see that there is an "Add" button underneath the "To:Find a member". But I dont see the point of it. It does not let you add more than one recipient anyway. If you try that, you get the message "You tried to send a private message to too many recipients". Now, i...
by bluejeansman
Fri Jan 10, 2014 1:49 pm
 
Forum: Forum Issues and Administration
Topic: PM to multiple users ?
Replies: 4
Views: 532

Re: PM to multiple users ?

hmm... I see your point, but sometimes I dont wish to start a fresh post for the whole world to see but just want to start/carry on a conversation with couple of people, hence my question. There are ways to safeguard against the problems you mentioned, such as (a) limiting the number of people you c...
by bluejeansman
Fri Jan 10, 2014 11:46 am
 
Forum: Forum Issues and Administration
Topic: PM to multiple users ?
Replies: 4
Views: 532

PM to multiple users ?

Is it possible to send PM to multiple users, separated by comma, just like an email ? This does not look possible, so I thought I would ask here.

Thanks.
by bluejeansman
Fri Jan 10, 2014 9:17 am
 
Forum: Forum Issues and Administration
Topic: PM to multiple users ?
Replies: 4
Views: 532

Re: Whats the diff between index investing vs buying your ow

But what about the point I raised above where one's professional (or even personal life) takes them to multiple countries, i.e they dont have a permanent home ? Mutual funds are domestic beasts and country1's mutual fund is taboo (and taxed punitively ) by country2 : PFIC rules (US) and distributor ...
by bluejeansman
Fri Oct 18, 2013 1:30 pm
 
Forum: Investing - Theory, News & General
Topic: Whats the diff between index investing vs buying your own?
Replies: 39
Views: 2655

Re: Core four portfolio

I am no Guru and suffer from analysis paralysis bigtime myself, but I would say you have already chosen a neat little portfolio. So you say you have extra money to long-term-invest outside of your retirement pot ? Just "fold it into your AA", as some would say here. So you look at your tot...
by bluejeansman
Mon Oct 14, 2013 7:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Core four portfolio
Replies: 3
Views: 605

Re: Whats the diff between index investing vs buying your ow

OP wrote > For example, Canadian index fund was 30% Nortel in the early 2000. If you felt that it was too concentrated, you couldn't do much. With market-cap indexing, that can certainly happen. However, from what I have learnt in this forum, and I quote pkcrafter (thanks pkcrafter for the superb ar...
by bluejeansman
Tue Oct 08, 2013 10:08 am
 
Forum: Investing - Theory, News & General
Topic: Whats the diff between index investing vs buying your own?
Replies: 39
Views: 2655

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Okay, after reading your post slow..ly :), again, I got the gist of your calculation. However as a single NRA, on high UK income my numbers will be drastically different. As I said, I will only get personal allowance of $3900. I defintely do not want to take IRA distributions now. Just roll over fro...
by bluejeansman
Wed Sep 25, 2013 8:27 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Nun, hmm, so looks like there are some strategies. Thanks for the response. But to be completely honest, I totally lost you there. This is way too advanced me. First of all, my UK income makes me a high rate (40%) UK tax payer, so am I correct in saying that many of the strategies above do not apply...
by bluejeansman
Wed Sep 25, 2013 7:15 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

I mentioned the gist of this to my US tax accountant, and expressed my wish to roll over say $30K from IRA to Roth this year (2013). He responded asking me to "check with my financial advisor to confirm that I qualify". (a) I dont have a financial advisor (other than you guys here :) ) and...
by bluejeansman
Tue Sep 24, 2013 7:21 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Maybe I am missing something but I still don't understand how the quoted CAA helps with knowing whether a transfer from an IRA to a Roth IRA (which is treated as a distribution for US tax purposes) would be eligible to be considered a "rollover" under the tax treaty. I guess that's becaus...
by bluejeansman
Wed Sep 11, 2013 5:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

that was brilliant, nun ! Looks like that explains it. Thanks a lot ! Thus, using a personal exemption of $3900, if I am willing to go up to 15% tax bracket of say $36,000, I suppose I could move chunks of approx $40,000 at a time and finish this quickly in a few years. My total IRA value is 150K. O...
by bluejeansman
Wed Sep 11, 2013 11:20 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Nun wrote: I'd love to know why you'd be liable to US tax on the IRA distributions in your situation unless you didn't invoke the treaty Article 17 only talks about "payments" and "remuneration" from a pension. Article 17 is silent about rollover from one pension (IRA) to anothe...
by bluejeansman
Wed Sep 11, 2013 9:02 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Came across a post on return2india forums about a N.R.A who is returning back to India and is thinking about optimal 401(k) strategy. There is a detailed response advising the OP to take small chunks out each year. So, it looks the IRA withdrawals by the NRA are taxed as income by the USA. [at least...
by bluejeansman
Tue Sep 10, 2013 7:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

nun / Tedswippet : I checked with a Guru US tax accountant who works out of the UK (nun, you know them, I dont want to name them here) and I got a brief response regarding my situation which I want to share. However they will give me the full details if/when I meet them. The hourly rates are pretty ...
by bluejeansman
Tue Sep 10, 2013 7:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

nun, not sure what you meant by "lump sum distribution loop hole.". I was thinking I will roll over the entire $150K from IRA to Roth this calendar year. This is because I am seriously considering relocating to India early next year. if this "loophole" we discussed is only for US...
by bluejeansman
Thu Aug 29, 2013 7:26 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Altho' it doesnt make sense that I wont owe taxes to both US and UK, sometimes tax laws dont make sense or "feel right". As an example, India does not recognize US/UK tax-deferred accounts, so you end up getting double-taxed on a 401(K), and that surely didnt feel right to me, but it is wh...
by bluejeansman
Tue Aug 27, 2013 12:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

hmm.. its all a bit too technical for me, just a few points : nun wrote : If the OP has avoided 877, not waived any treaty rights or "paid tax on his IRAs" nun, could you please elaborate what you mean by "paid tax on his IRAs" ? This IRA of mine used to be a 401(K), and I rolled...
by bluejeansman
Tue Aug 27, 2013 5:23 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Re: non-resident alien(UK), convert IRA to Roth, tax ?

Thanks for the response Nun. 92 to 94 : student (F1 visa). 94 to 95 : EAD card. 95 to 2001 : H1B visa. Started green card processing, completed Labor and I-140. did not file 485 (adjustment of status). Never got a green card. Jan 2002 to Dec 2004 : On US pay, but as an expat in the UK, getting paid ...
by bluejeansman
Mon Aug 26, 2013 1:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

I do not understand bonds

I think I dont understand bonds, so here goes ...I have a question in each paragraph below. First off, bonds are supposed to be for safety, but one would want at least some decent return from it. With interest rates being so low, should I expect no more than 1% max return on the bond part of my port...
by bluejeansman
Mon Aug 26, 2013 12:10 pm
 
Forum: Investing - Theory, News & General
Topic: I do not understand bonds
Replies: 10
Views: 1687

non-resident alien(UK), convert IRA to Roth, tax ?

I am a British naturalized citizen, living and working in the U.K. I do not have a US green card or citizenship. (I am a non resident alien so far as US is concerned) - I am a "high rate" tax payer in the UK, lets just say I pay a flat 40% tax on all my income. I used to work in the US and...
by bluejeansman
Mon Aug 26, 2013 10:33 am
 
Forum: Personal Finance (Not Investing)
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 36
Views: 2458

Tax qn:Form 8938, FBAR TDF 90-22.1 for non resident aliens ?

I am a British citizen and live and work in the U.K. From US standpoint, I am a non-resident alien. I am not a US citizen. I do not have a US green card. I still have money in the U.S, from the days I used to work there. These are in bank accounts, taxable brokerage (Etrade/Vanguard) accounts, and m...
by bluejeansman
Mon Jul 01, 2013 5:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax qn:Form 8938, FBAR TDF 90-22.1 for non resident aliens ?
Replies: 3
Views: 548

Re: GBP USD short term crystal ball ?

I never took any action after this post a long time ago. I have been thinking about this further and I now feel it is better to go directly with a bank than with Oanda. My objective is to convert USD to GBP. I have various US dollar accounts in the States : Bank, ETrade, Vanguard etc. I checked arou...
by bluejeansman
Mon Mar 04, 2013 10:07 am
 
Forum: Personal Finance (Not Investing)
Topic: GBP USD short term crystal ball ?
Replies: 7
Views: 1141

Re: UK FTSE AllShare index annualized return ?

Thanks Valuethinker. I have the dates and dollar amounts I invested. I have not compared with FTSE total return (yet). "depending upon when you started investing" : well, I have been contributing a set amount every month pretty much (since early 2005). I would actually expect the provider ...
by bluejeansman
Wed Feb 06, 2013 8:24 am
 
Forum: Personal Finance (Not Investing)
Topic: UK FTSE AllShare index annualized return ?
Replies: 5
Views: 290

UK FTSE AllShare index annualized return ?

Now that the market is up after a long time, I was tempted yesterday to peek into my returns on the FTSE UK AllShare Index that I hold in the UK to see how it is doing. This is in an "ISA" which is basically a tax-sheltered account similar to a Roth IRA in the U.S. I have been continuously...
by bluejeansman
Wed Feb 06, 2013 6:52 am
 
Forum: Personal Finance (Not Investing)
Topic: UK FTSE AllShare index annualized return ?
Replies: 5
Views: 290

Re: opening US bank account without being a resident ?

Thanks. Both are good questions : The first question is really asking how to invest and the second question alludes to "home country bias". However, due to various personal circumstances, and even 4 years after making my first post on this forum requesting portfolio suggestion, I am no wis...
by bluejeansman
Tue Dec 25, 2012 10:18 am
 
Forum: Personal Finance (Not Investing)
Topic: opening US bank account without being a resident ?
Replies: 3
Views: 488

opening US bank account without being a resident ?

I am neither a US citizen nor have a green card. I am a British citizen, living in the UK. I still have money in the U.S. My US bank doesn't have a problem with me being no longer legally resident. I was, at one time, when I opened the account, a legal resident of the U.S of course. However I am get...
by bluejeansman
Tue Dec 25, 2012 6:29 am
 
Forum: Personal Finance (Not Investing)
Topic: opening US bank account without being a resident ?
Replies: 3
Views: 488

Re: Investing in EM currency ?

Thanks a lot for the replies. To be honest, I did not follow all of the replies, particularly some of the finer economic points made about PPP etc. ==> dickenjb > I believe it would hold that if near zero rates on the dollar persist and 10% returns on rupees persist, the rupee will have to be devalu...
by bluejeansman
Sun Nov 13, 2011 9:36 am
 
Forum: Investing - Theory, News & General
Topic: Investing in EM currency ?
Replies: 18
Views: 1118

Investing in EM currency ?

Giving the example of India as thats what I am most familiar with. Whenever I talk to my friends from India (but settled in Western countries), I find that almost nobody has heard of Boglehead philosophy or passive investing. I try to explain the concept to them, but they immediately ask me what kin...
by bluejeansman
Sat Nov 12, 2011 9:53 am
 
Forum: Investing - Theory, News & General
Topic: Investing in EM currency ?
Replies: 18
Views: 1118

interesting thread. I have been reading this forum for quite a few years now and amazed by the vast knowledge of the folks here. I have read many engrossing threads here such as slice-n-dice vs TSM, how much to small/value-tilt, lumpsum vs DCA etc. The threads are fascinating but I just dont have en...
by bluejeansman
Sat Oct 08, 2011 7:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: What do you like about your financial planner?
Replies: 34
Views: 2791

Thanks for the replies, all. I thought I would provide some more details on my situation and would appreciate some advice. I have an old Roth IRA account with TDAMerirade U.S, in which I just have one ETF : VTI (Vanguard Total stock market Fund ETF format). However, I am a non resident alien from a ...
by bluejeansman
Wed Sep 14, 2011 2:20 am
 
Forum: Investing - Help with Personal Investments
Topic: timing question converting from ETF to mutual funds
Replies: 5
Views: 599

timing question converting from ETF to mutual funds

I believe that when you buy a Vanguard mutual fund in the US, the share price of the fund is set once per day, at the end of the day after markets are closed. Also, I guess this is not the case with the ETF version of the same fund which trades like a stock. Please correct me if I am wrong. I want t...
by bluejeansman
Tue Sep 13, 2011 3:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: timing question converting from ETF to mutual funds
Replies: 5
Views: 599

UK:Do bonds still belong in tax-sheltered part of portfolio?

In the UK, there used to be a taper relief for capital gains taxes, i.e the longer you held the asset, the less tax you would pay upon disposal. This was later changed to a flat 18% tax rate, no matter whether you held the asset for a day or a decade. Now, this flat tax rate has been increased to 28...
by bluejeansman
Sun Aug 21, 2011 1:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: UK:Do bonds still belong in tax-sheltered part of portfolio?
Replies: 1
Views: 282

trail commission : went thru the wikipedia article and the guardian.co.uk article linked there-in, thanks, but I am not sure it applies to my question. I was talking about 'wrap' platforms such as Transact and passive investment funds such as Vanguard and Dimensional and fee-only investment advisors...
by bluejeansman
Wed Jul 14, 2010 8:05 pm
 
Forum: Investing - Theory, News & General
Topic: 'wrap' accounts UK vs US ?
Replies: 6
Views: 823

Thanks. Been doing a Huge amount of research over the last few weeks on Uk options. Will make a seperate post / request on my personal situation. Sadly, Alliance Trust wont work for me due to other complications. Coming back to Alliance Trust, yes it is £12.50 per trade. They also charge £5.00 to re...
by bluejeansman
Wed Jul 14, 2010 8:54 am
 
Forum: Investing - Theory, News & General
Topic: 'wrap' accounts UK vs US ?
Replies: 6
Views: 823

'wrap' accounts UK vs US ?

In the UK, if you go to a passive wealth manager, they normally set up your account with a "wrap" platform using which you can buy / sell funds like Vanguard or Dimensional. The leading provider of such a wrap platform is Transact, which seems to be very reputed. They had initial charges o...
by bluejeansman
Wed Jul 14, 2010 6:09 am
 
Forum: Investing - Theory, News & General
Topic: 'wrap' accounts UK vs US ?
Replies: 6
Views: 823

MY apologies, I should have searched. I saw the FT article, which seemed to make sense upon first reading, so wanted opinion from "diehard" passive investors :)
by bluejeansman
Mon Jun 28, 2010 2:10 pm
 
Forum: Investing - Theory, News & General
Topic: If everyone only invested in index funds ?
Replies: 28
Views: 3213

If everyone only invested in index funds ?

Found a rather interesting article (from my perspective anyway and I thought might be relevant on this board) in FT.com : You need to register to be able to access the article. I did not want to post the full article, but just the link below as well some excerpts. I would appreciate Bogleheads' comm...
by bluejeansman
Mon Jun 28, 2010 2:00 pm
 
Forum: Investing - Theory, News & General
Topic: If everyone only invested in index funds ?
Replies: 28
Views: 3213

GBP USD short term crystal ball ?

I was planning on converting about US $35,000 to GBP, wiring the money from US to UK. This was a separate pool of money that I intend to bring to UK anyway. After reading some posts here, I decided to do it via oanda rather than a big bank. Took me a few days to set up the account and everything. I ...
by bluejeansman
Thu May 27, 2010 1:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: GBP USD short term crystal ball ?
Replies: 7
Views: 1141

> Seems like more trash from the Motley Fool. Ooh, isnt that a bit of an overreaction :) ? In the early days at least, the Fool gave reasonably good advice (such as indexing, long term buy-n-hold etc) just as you see on this forum. In the old days, I used to think the stock market was just legalized...
by bluejeansman
Thu Apr 22, 2010 6:18 am
 
Forum: Investing - Theory, News & General
Topic: EMH
Replies: 20
Views: 2322

EMH

Nice articles on bubbles. Also has some points regarding EMH. Since there are many diehard fans of EMH here, I thought I would post it here.

http://www.fool.co.uk/news/investing/20 ... hla0000001
by bluejeansman
Wed Apr 21, 2010 9:43 am
 
Forum: Investing - Theory, News & General
Topic: EMH
Replies: 20
Views: 2322

Another interesting recent article on Value Investing and Buffett : The Fool's Money Talk Audio broadcast, but a text version of the same is also available : http://www.fool.co.uk/money-talk/how-go ... tpc0000002
by bluejeansman
Thu Nov 12, 2009 1:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in BRK
Replies: 57
Views: 7670

wagnerjb >> Sure, if you were a professional at Morgan Stanley with an advanced degree in math. But it is naive to think - or suggest - that the average guy can do this. And that the average guy has access to this talent. Peter Lynch, Whitney Tilson, Neil Woodford, Anthony Bolton, Bill Miller were n...
by bluejeansman
Wed Nov 11, 2009 8:54 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing in BRK
Replies: 57
Views: 7670

wagnerjb> you cannot earn a living by walking around town looking for the $20 bills on the street Sure, you wont find the free $20 bills every day, but on the rare day that you do, you will see lots of them. And when you do, you could load up on them. So perhaps you could earn a living this way. Buf...
by bluejeansman
Tue Nov 10, 2009 9:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in BRK
Replies: 57
Views: 7670

Nisiprius, If you see a $20 bill on the street, I guess you would not pick it up, arguing that if it was truly a genuine bill, someone would have already picked it up ? Sorry to use this old analogy, but just couldnt resist. The market becomes efficient simply because when there is inefficiency or t...
by bluejeansman
Tue Nov 10, 2009 10:57 am
 
Forum: Investing - Help with Personal Investments
Topic: Investing in BRK
Replies: 57
Views: 7670

rallen99,

Charlie Munger is several years older than Warren Buffett.

regarding succession, it may likely go to this man :
http://en.wikipedia.org/wiki/Ajit_Jain

There are several successful students of Buffetology : Mohnish Pabrai and Whitney Tilson come to mind.
by bluejeansman
Mon Nov 09, 2009 4:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in BRK
Replies: 57
Views: 7670

Just in time. Here is a "dueling fools" article on the same subject, albeit from a British perspective. http://www.fool.co.uk/news/investing/2009/11/04/should-brits-buy-buffett.aspx why invest in BRK ? How about : It is run by the greatest capital allocator on the planet, for starters ? I ...
by bluejeansman
Mon Nov 09, 2009 2:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in BRK
Replies: 57
Views: 7670

bpp, thanks for detailed clarification about PFIC. From this, I gather that comparing PFIC to UK Distributor status is not quite appropriate. IMO, the UK distributor status rules are more liberal. UK has no problems with foreign mutual funds, just those that do not "distribute their income"...
by bluejeansman
Tue Oct 27, 2009 8:53 pm
 
Forum: Investing - Theory, News & General
Topic: Getting Vanguard US funds to get UK distributor status
Replies: 12
Views: 2623

bpp> No Feels like a slippery slope to me. Is there a strict definition ? Can a US investor resident in UK own shares of companies such as "Virgin Media", "London Stock Exchange group", "Alliance trust", "Lloyds" etc, all large financial conglomerates doing co...
by bluejeansman
Mon Oct 26, 2009 7:34 am
 
Forum: Investing - Theory, News & General
Topic: Getting Vanguard US funds to get UK distributor status
Replies: 12
Views: 2623

Ted, was the "exit tax" the main reason you left ? I tried to get some info on it, but could not get much. Is this something I should be concerned about, as a non-resident alien with funds still left in the U.S ? coming back to the original subject, I sent a mail to Vanguard U.S customer s...
by bluejeansman
Sun Oct 25, 2009 8:52 pm
 
Forum: Investing - Theory, News & General
Topic: Getting Vanguard US funds to get UK distributor status
Replies: 12
Views: 2623

TedSwippet, just wanted to say a quick thanks. I was thinking about the stress factor myself. I have been very preoccupied with this and it feels like a game of chess where I am forked. Yes, it has been stressing me out at work as well. I am unable to concentrate on my job. I started the discussion ...
by bluejeansman
Fri Oct 23, 2009 1:05 pm
 
Forum: Investing - Theory, News & General
Topic: Getting Vanguard US funds to get UK distributor status
Replies: 12
Views: 2623
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