A repost, sort of, as my original post is lost.
Newbie here in Hong Kong. I am sure this has been discussed before, but I am hoping for a more definitive answer from some of the more experienced Bogleheads.
Following some of the great books and what I have learned from these pages, my ultimate investment goal is to have a portfolio that is simple but strong enough to ride out the ups and downs. Unfortunately, I have found it very difficult to implement just that in Hong Kong. ERs are for funds too high; ETFs have no flows; and one can forget about real global diversification. Biting the tax bullet and investing directly in the US looks to be the only answer.
Here is what I am planning to do:
24% - 2800 HK Tracker Fund (HSI Index Fund)
16% - 2819 HK ABN HK Bond Index Fund
25% - VTI
11% - VXUS
17% - BND
7% - VCIT
Q1, Does my 40/60 allocation for home/away make any sense? I do worry more about China than the US.
Q2, Any suggestions for replacing any of the US ETFs? Specifically, I am looking for locally available alternatives as I do worry about estate tax if not tax on dividend.
Thanks and appreciate it.