Search found 423 matches

by Diogenes
Mon Feb 20, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Offshore diversification
Replies: 4
Views: 386

Re: Offshore diversification

Elb2000,

Welcome to the forum! Can you provide some details about your situation, and what you feel you would gain by opening a foreign account, even if allowed to do so?
by Diogenes
Wed Feb 15, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 103
Views: 10187

Re: The Wall Street Journal to close Google loophole entirely

The google trick may not be working, but facebook referral still gets the job done. edit: to clarify, this can be done automatically with a bookmarklet, which I call WSJ in my bookmarks bar, consisting of the Javascript code: javascript:window.location="https://m.facebook.com/l.php?u="+en...
by Diogenes
Tue Feb 14, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Wearable Fitness Tracker - Emphasis On Swimming
Replies: 7
Views: 410

Re: Wearable Fitness Tracker - Emphasis On Swimming

I use the Fitbit Flex2 in the pool several times per week. Generally works fine tracking laps most of the time. I have noticed, now that I mainly use a 50m pool, that for some reason it is less accurate than in the 25m. Can't figure out why, and it usually slightly over counts. In the settings you s...
by Diogenes
Tue Feb 14, 2017 7:32 am
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 103
Views: 10187

Re: The Wall Street Journal to close Google loophole entirely

If one decides to pay for a subscription, I would not recommend giving WSJ your PayPal account for payment. After my subscription ended, they continued to withdraw funds without notice from my PayPal account. It has taken me too many hours trying to work the issue with PayPal. scription It's made m...
by Diogenes
Sun Feb 12, 2017 2:23 am
Forum: Investing - Theory, News & General
Topic: 'Won the game', but what factors could potentially derail it?
Replies: 57
Views: 4330

Re: 'Won the game', but what factors could potentially derail it?

There are factors that limit quick government tax increases on a national basis, and most individuals in the U.S. have not been directly permanently personally impacted by cybercrime (other than temporarily) or alien invasion (that we know of...) Luckily, Americans have far more personal protections...
by Diogenes
Fri Feb 10, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Extended Globus Europe Tour - Thoughts?
Replies: 13
Views: 981

Re: Extended Globus Europe Tour - Thoughts?

I wasn't aware Americans still did those types of tours in Europe, other than the 17 countries in 10 days type.
If are retired and fit and in your 50's, why not put something together yourself?
Unless you are extremely adverse to any inconvenience, making your own way is half the fun!
by Diogenes
Mon Feb 06, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: Africa honeymoon in July/August
Replies: 8
Views: 824

Re: Africa honeymoon in July/August

Congrats on the upcoming big event! I have lived in Africa for 4-5 years and currently hang my hat in Cape Town. I don't really recommend a 10 -12 day trip from the States to anywhere in Africa, certainly not for a honeymoon. The travel time to the continent is long, and it usually takes at least a ...
by Diogenes
Sun Jan 22, 2017 12:09 am
Forum: Investing - Help with Personal Investments
Topic: U.S. brokerages and retiring abroad
Replies: 24
Views: 1975

Re: U.S. brokerages and retiring abroad

Umm...If you have a concern about a problem due to accessing Vanguard from outside the U.S., simply use a VPN.
I've lived overseas for years and have not had an issue with brokerage accounts opened previously in the States.

_D_
by Diogenes
Thu Jan 05, 2017 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire ending its Reserve 100,000 bonus point offer
Replies: 40
Views: 5368

Re: Chase Sapphire ending its Reserve 100,000 bonus point offer

Just received the 100k bonus. Now what to do with it? After the $300 yearly bonus, and covering my Global Entry renewal this year, as well as the Priority Pass access at no charge. I'll come out at least $350 ahead when the dust settles. I like the service they provide and the other small benefits, ...
by Diogenes
Sat Dec 31, 2016 12:26 am
Forum: Personal Consumer Issues
Topic: Affordable home exercise
Replies: 91
Views: 6603

Re: Affordable home exercise

Most home exercise equipment quickly ends up in a corner. I suggest pulling on some running shoes and drive if you must to a large park where long runs are safe. Most will have some sort of paracourse equipment for pull-ups etc. Far better to get out. Your local YMCA may be cheaper than you think al...
by Diogenes
Sat Dec 24, 2016 12:08 pm
Forum: Investing - Theory, News & General
Topic: Financial Independence is not the Holy Grail
Replies: 85
Views: 9147

Re: Financial Independence is not the Holy Grail

I enjoyed the White Coat investor's insights, which he himself describes as a rant ( I thought it to be entertaining and for me educational as to defining financial independence to further your life's happiness). I enjoyed the link he provided regarding the IRP (Internet Retirement Police) as well....
by Diogenes
Sat Dec 24, 2016 11:33 am
Forum: Personal Consumer Issues
Topic: Help choosing a mattress
Replies: 38
Views: 3056

Re: Help choosing a mattress

I went through all of this earlier this year. Lots of research. Learned that going to a mattress store is not the way to go. We have had a fantastic experience with our purchase of a Zenhaven mattress. They are owned by Saatva, a well established company, and produce high quality natural latex prod...
by Diogenes
Fri Dec 23, 2016 12:49 pm
Forum: Personal Consumer Issues
Topic: Help choosing a mattress
Replies: 38
Views: 3056

Re: Help choosing a mattress

I went through all of this earlier this year. Lots of research. Learned that going to a mattress store is not the way to go. We have had a fantastic experience with our purchase of a Zenhaven mattress. They are owned by Saatva, a well established company, and produce high quality natural latex produ...
by Diogenes
Sun Dec 11, 2016 1:51 am
Forum: Personal Consumer Issues
Topic: What site do you prefer for online doc storage?
Replies: 18
Views: 1221

Re: What site do you prefer for online doc storage?

Dropbox with an encrypted folder for the documents. For that I have found Viivo interfaces easily with Dropbox and the encryption (AES-256) takes place before the files arrive at Dropbox. That would make it harder for the hackers, as I'm sure DB will be again hacked in the future. Once a year or so ...
by Diogenes
Tue Dec 06, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Flying Across Atlantic with 98th Percentile 18-Month Child
Replies: 114
Views: 6904

Re: Flying Across Atlantic with 98th Percentile 18-Month Child

Although you didn't say, is the trip just a short vacation? If so, I would think of the kid (he will have no memories of the trip, but will be uncomfortable), and think of the other passengers also. I have been on a long full flight where a parent sitting next to me didn't want to buy the extra tick...
by Diogenes
Sat Nov 26, 2016 1:42 am
Forum: Personal Finance (Not Investing)
Topic: World Travel Insurance, Worth it?
Replies: 35
Views: 3424

Re: World Travel Insurance, Worth it?

Many of the travel insurance products sold are not worth it, in my opinion. They make a great deal of money for travel agents and other travel providers. These include baggage insurance, trip interruption, trip delay, trip cancellation, auto CDW, Medevac (except for Medjet, discussed below), and gen...
by Diogenes
Tue Nov 08, 2016 11:14 am
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 80
Views: 22148

Re: If I Knew Then What I Know Now

Very good summary by Michael. I too will send it along. I will add something however which he touched on but bears emphasis in the conclusion: Don't choose a career solely based on money. Success is not about how much money you have in the bank, how big your house is, or a rush to financial independ...
by Diogenes
Mon Nov 07, 2016 7:40 am
Forum: Personal Consumer Issues
Topic: iWatch, FitBit or...?
Replies: 15
Views: 1391

Re: iWatch, FitBit or...?

I like my Fitbit Flex 2. Nice solid low profile device that records runs, walks and swims with surprising accuracy. I used a first generation Flex for a long time (mostly to track runs) and generally liked it for that purpose. The 2 is better since you wear it also in the pool. If you turn off 'all ...
by Diogenes
Sun Nov 06, 2016 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Wiring funds abroad from Vanguard
Replies: 33
Views: 5440

Re: Wiring funds abroad from Vanguard

Banks routinely make significant money on the spread from the spot rate in currency transfers. Vanguard has no control over that. Banks on the other end do as well (frequently more so, plus fees) if you send the funds in Dollars. As mentioned, there are other far better options like TransferWise. Th...
by Diogenes
Sat Nov 05, 2016 11:35 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 25798

Re: Chase Sapphire Reserve: Too good to be (completely) true

Sounds like an odd airport out. In the 3 years or so I've used GE, I never had a need to use the card and stopped carrying it long ago. As mentioned, it is primarily designed for land and sea entry points. Normally I plan flights that connect directly to AMS/CDG/LHR. Easier that way. Some years ago ...
by Diogenes
Wed Nov 02, 2016 12:12 am
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 25798

Re: Chase Sapphire Reserve: Too good to be (completely) true

So I don't understood this thread. Is this a good card to keep and pay the recurring monthly fees, or collect and then dump? I would say no. I won't pay a $450 annual fee unless I am using $450 in benefits. You get the $300 travel credit. It applies to a lot of things (like public transportation an...
by Diogenes
Sun Oct 23, 2016 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 18
Views: 1604

Re: Use of TransferWise to move money - my experience - your thoughts?

I've used ozforex/usforex https://www.ofx.com/en-us/ several times for 5 figure amounts. Their rates are better than XE.com. You still lose >0.5% compared to interbank rates, and you may do better with your ATM and credit card. I know nothing about TransferWise. USFOREX is a very interesting option...
by Diogenes
Sun Oct 23, 2016 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 18
Views: 1604

Re: Use of TransferWise to move money - my experience - your thoughts?

Thanks LateStarter and Kd, I took a quick look at both Zoom and WorldRemit. Unfortunately the upper limit for Zoom appears to be $2999 and for WorldRemit, $2000. I did note the low fees with interest, and I liked that Zoom was a Paypal company. If it wasn't for the low transfer max, WorldRemit would...
by Diogenes
Fri Oct 21, 2016 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Assistance Requested: Candidate to be CEO of a Small Business
Replies: 23
Views: 2234

Re: Assistance Requested: Candidate to be CEO of a Small Business

Mikestorm, Can you tell us a little about how you were 'approached' for this position? Does the business any way relate to what you were doing at your current job? Have you had experience as a Senior Officer in a small or medium company? Are they asking you to 'buy in' in any way? Are you familiar w...
by Diogenes
Wed Oct 19, 2016 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 18
Views: 1604

Re: Use of TransferWise to move money - my experience - your thoughts?

I have questions! Can you open a bank account abroad and then use transfer wise to deposit funds from USD to XXX? That would solve a problem I have. When you say larger amounts --> Transferwise, smaller amounts --> AMT, what is a "larger amount"? I've only used ATMs abroad for daily expen...
by Diogenes
Wed Oct 19, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 18
Views: 1604

Re: Use of TransferWise to move money - my experience - your thoughts?

Here's a website to compare money transfer services: http://moneytransfercomparison.com This is a very interesting, thanks. Many of these companies I had not heard of. I just looked at one, Currencies Direct, and it appeared I would need to get the funds to their UK bank. As I'm sending from a acco...
by Diogenes
Wed Oct 19, 2016 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Use of TransferWise to move money - my experience - your thoughts?
Replies: 18
Views: 1604

Use of TransferWise to move money - my experience - your thoughts?

In previous topics concerning ways to move funds overseas, TransferWise was one option mentioned. I recently used them for two significant transfers and my experience is below. If anyone has any negative experiences with this company I would like to hear about it. I plan to use them frequently. TW i...
by Diogenes
Sat Oct 08, 2016 12:18 am
Forum: Personal Consumer Issues
Topic: Join AARP
Replies: 56
Views: 3546

Re: Join AARP

How about AMAC as an alternative to the crazy side of AARP?

Http://WWW.AMAC.US
by Diogenes
Wed Sep 28, 2016 10:33 am
Forum: Personal Consumer Issues
Topic: The Bogleheads' "100 Things Worth Every Penny" List
Replies: 275
Views: 36923

Re: The Bogleheads' "100 Things Worth Every Penny" List

Global Entry (long flights + long immigration lines are no unbearable) You might try Global Passport. You can get the official app and now with those new kiosks at many points of entry it's another alternative. I've recently seen it be sometimes faster than when I use Global Entry... I would add to...
by Diogenes
Tue Sep 27, 2016 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Currency risk for 5.5 percent? Missing something?
Replies: 30
Views: 2462

Re: Currency risk for 5.5 percent? Missing something?

Valuethinker, You make good points about the crime corruption, and infrastructure, but those issues are far worse elsewhere in Africa. Living in Cape Town you really see few of those problems. It is a first world city with a first world infrastructure, continually ranked as one of the top global cit...
by Diogenes
Sun Sep 25, 2016 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Currency risk for 5.5 percent? Missing something?
Replies: 30
Views: 2462

Re: Currency risk for 5.5 percent? Missing something?

To the OP: I live in Vietnam and have been faced with similar conundrums. On the one hand, local term deposits are yielding 7%. There hasn't been 7% depreciation in the past year. (Today the exchange rate is 22,301; a year ago it was 22,150 or a 0.6% depreciation.) And my costs are determined by lo...
by Diogenes
Sun Sep 25, 2016 6:00 am
Forum: Personal Finance (Not Investing)
Topic: Currency risk for 5.5 percent? Missing something?
Replies: 30
Views: 2462

Re: Currency risk for 5.5 percent? Missing something?

If you make 1% on US account, pay 30% tax say then that is 0.7%. If you make 6% on SA account, after tax that's 4.2%. And then inflation is 5.5%, so you wind up losing money. You don't pay tax on the interest if it comes from a South African bank. (Well, tax free on the first $1,800 of interest.) S...
by Diogenes
Sat Sep 24, 2016 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Currency risk for 5.5 percent? Missing something?
Replies: 30
Views: 2462

Re: Currency risk for 5.5 percent? Missing something?

Very interesting comments, as expected. If the Fed increases the discount rate in the U.S. After the election, which seems to be the expectation, an immediate loss of value of the ZAR to the USD would result. That's according to the SA financial gurus, which makes sense. Perhaps I will do nothing un...
by Diogenes
Fri Sep 23, 2016 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Currency risk for 5.5 percent? Missing something?
Replies: 30
Views: 2462

Re: Currency risk for 5.5 percent? Missing something?

We assume that the rand has weakened, and that the conversion rate, 1 year later, is 5% worse, i.e. 15.75:1 So, if you'd kept your money in dollars, and only made the conversion at the end, with the weakened rand rate, you'd have 50035 * 15.75 = 788,051.25 rands So, better to keep the currency in d...
by Diogenes
Fri Sep 23, 2016 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Currency risk for 5.5 percent? Missing something?
Replies: 30
Views: 2462

Currency risk for 5.5 percent? Missing something?

Ok, help me see what I'm missing on this. I'll be living in Cape Town for the next couple of years, maybe longer. Currently the South African Rand (ZAR) is at a near historic low against the USD, perhaps 13.5 - 15.5 to 1. Also the local bank savings accounts have interest fixed at 5.5 percent. I pla...
by Diogenes
Tue Sep 20, 2016 12:53 am
Forum: Investing - Help with Personal Investments
Topic: How does one transfer US savings into a foreign currency
Replies: 35
Views: 3163

Re: How does one transfer US savings into a foreign currency

I need to regularly transfer funds from the U.S. to South Africa to pay property expenses for a property in Cape Town. I looked at Schwab Global as I have accounts there, and also IB based on recommendations here. Neither allow ZAR (South African Rand) transfers to my SA bank. I want the funds conve...
by Diogenes
Sun Sep 18, 2016 1:01 am
Forum: Investing - Help with Personal Investments
Topic: Expat and overseas funds
Replies: 21
Views: 1901

Re: Expat and overseas funds

Getting cash from ATM's is no problem, however currently I need to pay local bills related to a property in Cape Town. I can't pay them with a credit card without significant fees. The ATM's here have fairly low daily limits, and then you are charged if you deposit cash (funny I know). I have a loca...
by Diogenes
Mon Sep 12, 2016 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Investments while living overseas
Replies: 10
Views: 1006

Re: Vanguard Investments while living overseas

Most expats deal with that by setting their mailing address to a friend or relative. Some other situations where they aren't explicitly anti-expat but just have a US-centric view: - Often have no notion of non-US phone numbers, which causes problems with any kind of SMS verification. (Wells Fargo, ...
by Diogenes
Sun Sep 11, 2016 11:30 am
Forum: Investing - Help with Personal Investments
Topic: leaving vanguard due to math errors / poor customer service?
Replies: 107
Views: 13784

Re: leaving vanguard due to math errors / poor customer service?

I wish the mutual funds were available without significant charges at other brokerages. Me too. Fidelity won't even allow Wellesley admiral to be transferred in. They charge $75 to buy Wellesley Investor shares. Pure indexers may be okay at other brokerages but I am not a pure indexer mainly becaus...
by Diogenes
Sat Sep 10, 2016 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard....I know, it's been discussed!
Replies: 23
Views: 3251

Re: Schwab vs Vanguard....I know, it's been discussed!

It's also an easy decision to keep using Schwab as if you have a good rep and a significant balance you can buy all Vanguard funds commission free in the Schwab account. The rep just attaches a code to your account and you are good to go. It's good marketing as I now wonder, why do I need an account...
by Diogenes
Sat Sep 10, 2016 4:57 am
Forum: Investing - Help with Personal Investments
Topic: Moving 4M from Goldman. retired and needs 200K/Y
Replies: 55
Views: 9586

Re: Moving 4M from Goldman. retired and needs 200K/Y

Does the 200 or 280K you require for living expenses include health insurance/care for all of you?

You live in NY? Any thoughts to getting out as part of the retirement plan?


_D_
by Diogenes
Wed Sep 07, 2016 10:14 pm
Forum: Personal Consumer Issues
Topic: Best way to sell a home in Florida
Replies: 32
Views: 3636

Re: Best way to sell a home in Florida

Do you know a realtor in your home town that you trust/like? Ask them for a recommendation. And, that gated community aspect makes it sound like you do need someone local to do all that legwork for listings. Likely there are other options besides paying a listing realtor excessive fees merely to op...
by Diogenes
Wed Sep 07, 2016 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Expat Teacher considering pulling the plug
Replies: 15
Views: 2071

Re: Expat Teacher considering pulling the plug

I assume you have been paying into Medicare and will qualify? How does an expat "pay into Medicare"? Usually quite easily actually. The spouse is a USCIT working overseas, correct? That means that they required to pay U.S. income tax on her earnings, both if he also has U.S. status. If yo...
by Diogenes
Wed Sep 07, 2016 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Expat Teacher considering pulling the plug
Replies: 15
Views: 2071

Re: Expat Teacher considering pulling the plug

Have you compared the cost of living in both places? I think from expat reports that NZ is generally higher than most non-urban areas in the U.S., but I might be wrong. If you decide to retire in the States carefully look at the current situation re ACA before you pick a destination State. Even if y...
by Diogenes
Wed Sep 07, 2016 12:19 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 13692

Re: Ric Edelman's The Truth about Retirement on PBS

Would anyone have a link where we could watch the PBS broadcast? From what I've seen with friends and colleague, there are two types that intentionally take a mortgage into retirement. 1. Those that are forced to by circumstances, divorce, job layoff, etc. 2. Those that use the mortgage as a piggy b...
by Diogenes
Tue Sep 06, 2016 1:32 pm
Forum: Personal Consumer Issues
Topic: Best way to sell a home in Florida
Replies: 32
Views: 3636

Re: Best way to sell a home in Florida

Here is a recent thread:

viewtopic.php?f=2&t=198053

There are lots of options. Good luck and don't feel the need to use a realtor under the old 6 percent pricing model. That pretty much is history in active markets.
by Diogenes
Tue Sep 06, 2016 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: leaving vanguard due to math errors / poor customer service?
Replies: 107
Views: 13784

Re: leaving vanguard due to math errors / poor customer service?

I wish the mutual funds were available without significant charges at other brokerages. Me too. Fidelity won't even allow Wellesley admiral to be transferred in. They charge $75 to buy Wellesley Investor shares. Pure indexers may be okay at other brokerages but I am not a pure indexer mainly becaus...
by Diogenes
Fri Sep 02, 2016 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate agents who operate on an hourly rate
Replies: 73
Views: 6524

Re: Real Estate agents who operate on an hourly rate

[ I don't work in the million dollar market so it's hard to answer that question. I'm currently representing a young school teacher who's buying a $70,000 condo. She was a referral from my partner so the partner get's 35%. 2.7% x $70,000 is $1890. My partner gets 35% off the top so that's $661.50. ...
by Diogenes
Thu Sep 01, 2016 10:10 am
Forum: Personal Consumer Issues
Topic: WSJ $99 for 6 months -- worth it?
Replies: 62
Views: 5079

Re: WSJ $99 for 6 months -- worth it?

I like the WSJ, it's clearly one of the few remaining papers that is worth a read. I kept the subscription active for a couple years after I moved out of the U.S. They make it easy to suspend delivery for long periods, which stops the delivery clock but at that time still allowed access to the onlin...
by Diogenes
Wed Aug 31, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 13692

Re: Ric Edelman's The Truth about Retirement on PBS

Maintaining a mortgage when you are in retirement seems mostly to be an excuse for overconsumption before and after retirement, and a way for some 'advisors' to get access to more money to 'manage' that otherwise would pay off said mortgage...

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