Search found 570 matches

Return to advanced search

Re: Do you regret buying your home?

Owning home is like having an unpaid part-time job working for the bank maintaining their investment. When the mortgage is paid, you get a house that is 30 years older and in need of more repair. :D
by expat
Thu Oct 23, 2014 3:41 pm
 
Forum: Personal Consumer Issues
Topic: Do you regret buying your home?
Replies: 66
Views: 4438

Re: Phone for Europe trip

It is cheaper to make calls to Europe or USA using my USA T-mobile phone than to use a local phone with minutes. Also, there is no additional charge to use T-mobile text or data plan overseas. If I need to receive local calls in Europe I buy a local phone. There is no charge to receive a call on a l...
by expat
Thu Oct 23, 2014 1:03 pm
 
Forum: Personal Consumer Issues
Topic: Phone for Europe trip
Replies: 22
Views: 981

Re: Tell me about Paris

For our budget, we are looking at Clignancourt (just north west of Gare du l'Est and near Sacre Coeur) and Gallieni (Paris East - end of metro line 3)


Seems like a shame to go all that way to stay in one of those areas.
by expat
Wed Oct 01, 2014 4:48 pm
 
Forum: Personal Consumer Issues
Topic: Tell me about Paris
Replies: 65
Views: 3580

Re: Need help protecting assets (marriage)

Assets obtained before marriage are your separate property not community property.
by expat
Tue Sep 23, 2014 4:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Need help protecting assets (marriage)
Replies: 46
Views: 4601

Re: Reticient sibling [Dispute over execution of trust]

Mr. Digweed wrote:There are 3 of us (my two sisters, and myself. Each of us signs as a beneficiary of my parents trusts.


Beneficiary signatures are not required for trust distribution in my state precisely to avoid the type of problem you are having.

Who is requiring you to sign?

What state are you in?
by expat
Tue Aug 12, 2014 5:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Reticient sibling [Dispute over execution of trust]
Replies: 31
Views: 3172

Re: Good place to park ~$500k for house remodel/teardown?

500K remodel? :shock: Are you really sure you want to do that?
by expat
Mon Aug 11, 2014 7:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Good place to park ~$500k for house remodel/teardown?
Replies: 17
Views: 2478

Re: How do you document your HSA "stuff?"

I don't. I will take the money out during retirement or when there are no other funds in other accounts to pay for an extraordinary medical expense.
by expat
Tue Aug 05, 2014 5:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do you document your HSA "stuff?"
Replies: 38
Views: 2254

Re: Help with a new $5m portfolio for an old lady

Update: Mom and I had another run through her math, and it turns out she'd really prefer to draw $180k-200k/yr. (I knew $100k was too low, but I thought it would be closer...) She's now talking more like 3.5%/yr draw -- not nearly so easy, but not entirely outside the realm of reason from what I ca...
by expat
Wed Jul 30, 2014 2:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with a new $5m portfolio for an old lady
Replies: 59
Views: 4705

Re: American Automobile Assn (AAA)

A international driver permit is required for car rental


A normal US state's driver's license has always worked for me.
by expat
Fri Jun 20, 2014 7:45 am
 
Forum: Personal Consumer Issues
Topic: American Automobile Assn (AAA)
Replies: 51
Views: 3594

Re: How much $$ to change jobs?

currently have a great working environment in the federal govt. I have a great work-life balance, very decent pay for the amount and type of work I do, relatively stress-free, a lot of flexibility in managing my workload and being able to take vacations pretty easily. If it were me, I would stick w...
by expat
Thu Jun 19, 2014 4:36 am
 
Forum: Personal Finance (Not Investing)
Topic: How much $$ to change jobs?
Replies: 52
Views: 4261

Re: Selling Apt. Buildings. Best Option for Reinvestment? 1

Yesterday, a friend who is involved in the wealth management business, suggested that there are other alternatives for us to consider that could take advantage of the 1031 exchange rules and help us avoid cap gains taxes. (He is not interested in selling anything, but was just giving me ideas). He ...
by expat
Tue Jun 17, 2014 10:34 am
 
Forum: Investing - Help with Personal Investments
Topic: Selling Apt. Buildings. Best Option for Reinvestment? 1031?
Replies: 11
Views: 800

Re: Pin and Chip Cards coming to the US

In France, BofA chip and signature do not work at the toll booths. There is no place to enter a pin which is why I thought a chip and signature card might work. I did not see any people working at these, only machines. I have a chip and pin as well but if you drove up to one of these by accident wit...
by expat
Fri Jun 06, 2014 3:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Pin and Chip Cards coming to the US
Replies: 71
Views: 5484

Re: Living trust vs will

>> Trusts also have provisions such as a Health Care Power of Attorney. For example, you and your spouse get into an accident and you cannot communicate your wishes. Who speaks for you? In California, at least, that is a separate document. You don't need a trust to have an advanced healthcare direct...
by expat
Tue Jun 03, 2014 2:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Living trust vs will
Replies: 26
Views: 2721

Re: Living trust vs will

>> One of our friends suggezted that the will is not sufficient and we need to setup a living trust and not rely on creating a trust after the fact. They said that it helps avoid probate and it also has tax benefits. I agree with your friend. >> Is there a downside to setting up a living trust? It s...
by expat
Tue Jun 03, 2014 2:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Living trust vs will
Replies: 26
Views: 2721

Re: My dad is asking me for advice

I would encourage him to enjoy the money by spending it however he wants. No more saving or investing.
by expat
Mon Apr 28, 2014 6:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: My dad is asking me for advice
Replies: 11
Views: 2864

Re: Net Worth Survey, 2014 Edition

Lock this thread. There is nothing actionable about it.
by expat
Fri Apr 18, 2014 12:16 pm
 
Forum: Investing - Theory, News & General
Topic: Net Worth Survey, 2014 Edition
Replies: 149
Views: 22678

Re: Bogleheads Stance on Home Buying

And it always bugged me the fact that we use a special word for our home debt...mortgage. I think a mortage is a special debt and appropriately named. The word means a pledge until death. mortgage late Middle English: from Old French, literally ‘dead pledge,’ from mort (from Latin mortuus ‘dead’) +...
by expat
Tue Mar 18, 2014 1:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bogleheads Stance on Home Buying
Replies: 61
Views: 5598

Re: Vacation Rental By Owner (VRBO) - Contracts and Deposits

>> The more TIME you spend communicating with the owner/manager, the less likely it is to be a scammer who has hijacked some email account. Those scammers aren't going to waste the time having discussions about the property or area, etc. In my experience, this is not an accurate statement. I have se...
by expat
Wed Feb 19, 2014 6:02 pm
 
Forum: Personal Consumer Issues
Topic: Vacation Rental By Owner (VRBO) - Contracts and Deposits
Replies: 7
Views: 774

Re: Pitfalls of ceding an inheritance

Teachable Moment: Again, the family could have avoided probate by seeing an estate lawyer before the fact, creating a simple trust, and passing the property to the sisters, all at far less cost than the stated/fees. Not necessarily. The trust document could allow the trustee to take a fee. The trus...
by expat
Wed Jan 01, 2014 4:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Pitfalls of ceding an inheritance
Replies: 29
Views: 2241

Re: Please Help a 36 Yr Old With $7m+ Portfolio

You have way too much house, IMO.
by expat
Sat Dec 28, 2013 5:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Please Help a 36 Yr Old With $7m+ Portfolio
Replies: 66
Views: 11108

Re: 28 y/o Investor With 1M Portfolio Needs Advice

I think a 50/50 portfolio is fine if you are comfortable with it.

Most young people don't have a lot to lose which is why an aggressive portfolio makes sense.

You, on the other hand, have a lot to lose and I don't think the typical advice for young people applies.
by expat
Sun Dec 22, 2013 7:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: 28 y/o Investor With 1M Portfolio Needs Advice
Replies: 31
Views: 4995

Re: Kids in 5 years. Preparation with finances.

If you decide you like having kids, you won't have much time to have them if you wait until 35.
by expat
Sat Dec 21, 2013 1:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Kids in 5 years. Preparation with finances.
Replies: 40
Views: 1923

Re: Should I move to California from Midwest?

Unless you really want to get away from family and/or bad weather, I wouldn't do it. It's not that great.
by expat
Fri Dec 20, 2013 4:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I move to California from Midwest?
Replies: 153
Views: 8153

Re: I just inherited $1 million

Your wife inherited the money, not you.
by expat
Sat Dec 07, 2013 9:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: I just inherited $1 million
Replies: 65
Views: 11247

Re: Family member renting 2nd house. Ok to ignore on tax ret

Check with your CPA. In the case of below market rent, I believe your deductions (depreciation, maintenance, fees, taxes) cannot exceed your income. Or perhaps you could construct another story. A family member is staying as a guest in your second home and the $7,800 is a gift to you. It's under the...
by expat
Wed Dec 04, 2013 2:42 am
 
Forum: Personal Finance (Not Investing)
Topic: Family member renting 2nd house. Ok to ignore on tax return?
Replies: 197
Views: 13111

Re: Grade 4. Writing Reading. Goal. "Exceed the Grade Level"

I suggest your daughter drop out of the "race to nowhere." :)

http://www.racetonowhere.com/
by expat
Tue Nov 19, 2013 6:55 pm
 
Forum: Personal Consumer Issues
Topic: Grade 4. Writing Reading. Goal. "Exceed the Grade Level".
Replies: 50
Views: 3325

Re: Grade 4. Writing Reading. Goal. "Exceed the Grade Level"

TomatoTomahto wrote:
expat wrote:Why does she have to exceed her grade level?

I am not OP, but considering how low the "grade level" bar is set, I can't disagree with a parent's wish to have their child exceed it.


I must have missed that. I read that the OP's school was :

high rated and very competitive.
by expat
Tue Nov 19, 2013 6:27 pm
 
Forum: Personal Consumer Issues
Topic: Grade 4. Writing Reading. Goal. "Exceed the Grade Level".
Replies: 50
Views: 3325

Re: Grade 4. Writing Reading. Goal. "Exceed the Grade Level"

Why does she have to exceed her grade level?
by expat
Tue Nov 19, 2013 5:39 pm
 
Forum: Personal Consumer Issues
Topic: Grade 4. Writing Reading. Goal. "Exceed the Grade Level".
Replies: 50
Views: 3325

Re: junk mail auto-readdressed during change of address

dmachoice.org can reduce some junk mail.
by expat
Sun Nov 10, 2013 1:46 pm
 
Forum: Personal Consumer Issues
Topic: junk mail auto-readdressed during change of address
Replies: 35
Views: 2085

Re: How did you start up your small business?

Regarding franchises, Gerber suggests using them as a model for creating your small business. From the same review ... For turning businesses around, or getting them off the right foot, Gerber suggests looking at franchises as a model. In comparison to the dismal rate of ordinary small-business star...
by expat
Wed Oct 23, 2013 6:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: How did you start up your small business?
Replies: 18
Views: 2089

Re: How did you start up your small business?

I would recommend this book. http://www.amazon.com/The-E-Myth-Revisited-Small-Businesses/dp/0887307280 From one of the Amazon reviews .... One of Gerber's most striking observations is that most small businesses are started by "technicians", that is people who are skilled at something and ...
by expat
Wed Oct 23, 2013 6:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: How did you start up your small business?
Replies: 18
Views: 2089

Re: Home Affordability

Is that 3% a year? I was using 1% of the home price and divided that into 12 to get the monthly expense of $625. Yes per year. The IRS rate of depreciation for residential real estate is roughly 3% per year of the actual structure but not the land itself. Your home price is made up of the cost of t...
by expat
Thu Oct 17, 2013 1:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Home Affordability [check my calculations]
Replies: 85
Views: 5700

Re: Home Affordability

How much should we have saved in cash for furniture, minor repairs, etc.? What about major repairs? For some reason, homeowners do not acknowledge the cost of maintaining their property. Your house, and every system and component in it, will, of course, deteriorate and become obsolete overtime. 3 p...
by expat
Thu Oct 17, 2013 12:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Home Affordability [check my calculations]
Replies: 85
Views: 5700

Re: Shiller Thinks Owning a Home is a Terrible Investment

A home is an unpaid job as a property manager, an opportunity to run an unprofitable business with no tax breaks for maintenance or depreciation, and opens the possibility of spending an excessive amount of money on unnecessary improvements.
by expat
Wed Oct 16, 2013 8:19 pm
 
Forum: Investing - Theory, News & General
Topic: Shiller Thinks Owning a Home is a Terrible Investment
Replies: 255
Views: 21962

Re: Shiller Thinks Owning a Home is a Terrible Investment

It's speculation not investment.
by expat
Wed Oct 16, 2013 4:07 pm
 
Forum: Investing - Theory, News & General
Topic: Shiller Thinks Owning a Home is a Terrible Investment
Replies: 255
Views: 21962

Re: Do we still need to own a home?

When you own a place even mortgage free you still have insurance,prop taxes and possibly HOA fees.You could be paying 1000 a month easy even without a mortgage. And that same place would cost $2000 to rent, because the landlord is going to be passing those costs onto you. You can't escape the expen...
by expat
Thu Oct 03, 2013 6:31 pm
 
Forum: Personal Consumer Issues
Topic: Do we still need to own a home?
Replies: 34
Views: 4224

Re: Moving to Japan Self Employed.

Does Japan even need to know about your income? I don't think I would declare it unless I had a good reason to do so.
by expat
Sun Sep 08, 2013 2:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Moving to Japan Self Employed.
Replies: 20
Views: 2030

Re: Preparing one's finances for senility - can we discuss?

Me three. Aging solo: no spouse, no kids, no siblings. I'm glad someone brought this up. I moved a long distance when I retired, and now live in an isolated semi-rural area. There are all sorts of problems when one is really solo. Just recently I had trouble finding a ride for a medical test where ...
by expat
Wed Aug 28, 2013 1:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Preparing one's finances for senility - can we discuss?
Replies: 27
Views: 3444

Re: Preparing one's finances for senility - can we discuss?

I would use living revocable trust with a professional fiduciary as trustee with alternates. Please clarify and define: what does this mean? In California, at least, professional fiduciaries are licensed by the State. http://www.dca.ca.gov/publications/fiduciary_need.shtml Someone I know is going t...
by expat
Tue Aug 27, 2013 2:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Preparing one's finances for senility - can we discuss?
Replies: 27
Views: 3444

Re: Preparing one's finances for senility - can we discuss?

I would use living revocable trust with a professional fiduciary as trustee with alternates.
by expat
Tue Aug 27, 2013 1:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Preparing one's finances for senility - can we discuss?
Replies: 27
Views: 3444

Re: Moving brother out of Mom's house

Is your brother taking care of your mother? If that it is the case, I would hope, in her estate plan, that she would leave a disproportionately larger share of the estate to him as compensation.
by expat
Fri Aug 23, 2013 1:46 am
 
Forum: Personal Finance (Not Investing)
Topic: Moving brother out of Mom's house
Replies: 26
Views: 4483

Re: Kindergarten Struggles

Talk to your grandson.
by expat
Tue Aug 20, 2013 6:26 pm
 
Forum: Personal Consumer Issues
Topic: Kindergarten Struggles
Replies: 39
Views: 4975

Re: solo 401(K) questions

I contribute the employee portion first for two reasons. - The employee contribution must be done by the end of the calendar year whereas the employer contribution does not have to be done until the tax-time up until October. - The employer contribution is dependent on overall net income which is no...
by expat
Tue Aug 20, 2013 6:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: solo 401(K) questions
Replies: 20
Views: 1352

Re: RBD (Really Bad Day) today ?

Wait for a really bad year.
by expat
Fri Aug 16, 2013 5:44 pm
 
Forum: Investing - Theory, News & General
Topic: RBD (Really Bad Day) today ?
Replies: 69
Views: 7261

Re: Can I afford a house payments in Bay Area?

Why do you want to buy a house? You lose your mobility and flexibility and have to take on the time and expense of maintaining a property.
by expat
Tue Aug 13, 2013 4:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can I afford a house payments in Bay Area?
Replies: 33
Views: 3316

Re: Estate planning, second marriage, kids and steps

Who do you want to ultimately receive your assets?

If it is your daughters, I would look into a QTIP trust and use a bank to act as a trustee to avoid a conflict. You will a need a bank that is willing and able to take on your investment properties.
by expat
Sat Aug 10, 2013 3:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Estate planning, second marriage, kids and steps
Replies: 45
Views: 3617

Re: college savings for kids - how much?

I limit college savings to 10 percent of my investment portfolio to ensure I don't save too much for college at the expense of retirement.
by expat
Wed Aug 07, 2013 4:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: college savings for kids - how much?
Replies: 20
Views: 2123
Next

Return to advanced search