Search found 224 matches

by Hyperborea
Tue Sep 26, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 26
Views: 1869

Re: Bay Area Real Estate

Mercurynews article on "Making sense of Silicon Valley's crazy housing" contains this terrifying statement: "A growing number of people employed in the Bay Area have RSU plans; lending officers say an increasing majority (of buyers) are qualifying by including these plans as income. The borrower qu...
by Hyperborea
Tue Sep 26, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: How safe is cash in today's economy?
Replies: 29
Views: 2350

Re: How safe is cash in today's economy?

ruralavalon wrote: ↑
Tue Sep 26, 2017 1:27 pm

The OP was not asking about a complete or near complete economic collapse, but was just asking about a potential "downturn".

Of course a "downturn" does not often include large inflation.
Except for the entire decade of the 1970s.
by Hyperborea
Tue Sep 26, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 26
Views: 1869

Re: Bay Area Real Estate

Personally I would put a lot of money into cash right now and start saving for a large down payment, since you'll likely need one. I think we are due for a downturn so you'll be ready if/when one happens. And if it doesn't, you'll be even more prepared with a good downpayment to afford an expensive...
by Hyperborea
Tue Sep 26, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Comfort level re: tracking at physical shopping centers
Replies: 25
Views: 1585

Re: Comfort level re: tracking at physical shopping centers

You go to shopping centers? What's up with that? +1 - I think I go into a shopping center once or twice a year at most. Online is the way to go (where it is far easier for everyone to track my habits :)). Everyone is saying they will leave their smartphones at home - if they are using facial recogn...
by Hyperborea
Tue Sep 26, 2017 12:12 pm
Forum: Personal Consumer Issues
Topic: Comfort level re: tracking at physical shopping centers
Replies: 25
Views: 1585

Re: Comfort level re: tracking at physical shopping centers

Or you can use their WIFI - as long as you protect your privacy with a VPN connection. One way to do this is to setup your home router so that you can VPN into it. Once your using a secure VPN connection - their network can no longer track you. If you want to be paranoid about it, now you've given ...
by Hyperborea
Sun Sep 24, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: How much do I have to save?
Replies: 16
Views: 3034

Re: How much do I have to save?

Thanks everyone! I guess I'm still confused. If I hit 3.3MM in 18 years, which will yield 100k at 3%, that 100k won't be enough. So shouldn't I be shooting for a higher number? Currently, saving 75k so I think we can try to bump to 100k with some extra work. 18 years is not guaranteed at all but no...
by Hyperborea
Sun Sep 24, 2017 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much do I have to save?
Replies: 16
Views: 3034

Re: How much do I have to save?

I would suggest that you make the target year flexible. If the economy is bad, you have unexpected expenses, job setbacks, etc. then you may need to delay when it is you retire. You might see if you can be more aggressive in your estimate if you are able to save the extra without seriously impacting...
by Hyperborea
Sat Sep 23, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 23771

Re: Calling out the not so rich bogleheads

One of the characteristics of wealth and income even in a relatively more even society such as the US is the incredible extent of the high tails. Probably everyone posting or reading here is fabulously wealthy even by US standards and yet to a man can see plenty of evidence of people much more fabu...
by Hyperborea
Fri Sep 22, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1060

Re: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner

When they sell the stock the US has no claim on capital gains of a tax non-resident. This is not my understanding. Selling US stocks generates US capital gains which is then a US source of income and taxed by the US under the tax treaty. Sorry but that's wrong. The US doesn't tax capital gains that...
by Hyperborea
Fri Sep 22, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1060

Re: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner

The way to do it would be to have the OP gift the account to his wife/girlfriend and then have her move the account out of US assets. One such option would be to move it to Interactive Brokers and buy ETFs domiciled outside the US. There would be a window during which she would own the account and ...
by Hyperborea
Fri Sep 22, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1060

Re: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner

4) Be sure to look into the expatriation/exit/departure tax since if you gift the stock she may need to pay that and that could be higher than what you would have to pay if you kept it in your name. If the amounts involved are significant then you really need good professional advice and this shoul...
by Hyperborea
Fri Sep 22, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Questions on electronic security while traveling
Replies: 13
Views: 678

Re: Questions on electronic security while traveling

...If your browser is using https the traffic should be encrypted ... Does this mean going to https:Vanguard.com is relatively safe then? We typically use an Android phone, Android tablet, or an iPad to connect to the hotspot while on the road. All the cyber security issues and talks are making me ...
by Hyperborea
Fri Sep 22, 2017 12:16 pm
Forum: Personal Consumer Issues
Topic: Foreign Currency Conversion Accepted, then Rejected
Replies: 14
Views: 807

Re: Foreign Currency Conversion Accepted, then Rejected

As has been mentioned above, use a bank account that charges no currency exchange fee when you travel. Also, as mentioned above Schwab rebates ATM fees. If you don't have a Schwab account another option is to use a Capital One money market account. They don't reimburse the ATM fee but they don't hav...
by Hyperborea
Fri Sep 22, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Questions on electronic security while traveling
Replies: 13
Views: 678

Re: Questions on electronic security while traveling

Use a VPN service especially when traveling. A VPN is a tunnel from your device to a service provider that then from there goes out onto the general internet. The connection between you and the service provider is encrypted over and above any encryption happening at the app/browser/protocol level. T...
by Hyperborea
Thu Sep 21, 2017 1:05 pm
Forum: Personal Consumer Issues
Topic: What's a good big e-reader?
Replies: 10
Views: 778

Re: What's a good big e-reader?

I have a somewhat similar need. I'm downsizing and getting rid of a lot of stuff and have been having some of my books digitized to PDF. I want to be able to access them as I travel without carrying all the paper. If it doesn't have to be e-ink then a possible solution is one of the flip Chromebooks...
by Hyperborea
Thu Sep 21, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1060

Re: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner

I thought the limit for gifts to spouse that are non-citizen is $149,000. I would suggest the OP see a very good accountant because this is very complicated. That's the annual gift limit. The OP is talking about using up his unified estate/gift tax amount of currently $5.5M. Gifts over the annual a...
by Hyperborea
Thu Sep 21, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Time for a new laptop?
Replies: 46
Views: 2177

Re: Time for a new laptop?

Every time a "windows versus Mac" debate starts there is a lot of information, misinformation and resulting debate. There is only a SINGLE FACT that everyone on both sides of the debate always agree on. If you buy an Apple you will be paying more :) The last company that I worked for before retirin...
by Hyperborea
Thu Sep 21, 2017 11:41 am
Forum: Personal Consumer Issues
Topic: Time for a new laptop?
Replies: 46
Views: 2177

Re: Time for a new laptop?

Every time a "windows versus Mac" debate starts there is a lot of information, misinformation and resulting debate. There is only a SINGLE FACT that everyone on both sides of the debate always agree on. If you buy an Apple you will be paying more :) The last company that I worked for before retirin...
by Hyperborea
Thu Sep 21, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1060

Re: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner

1. She has a US SSN? Is she a greencard holder or U.S. citizen? Sounds like she is probably considered a U.S. person and your strategy won't really work. Having a SSN doesn't mean that one is taxable in the US. Anybody who works temporarily in the US would get a SSN. When they leave they still have...
by Hyperborea
Wed Sep 20, 2017 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: What say ye... 60/40 or 65/35?
Replies: 17
Views: 1656

Re: What say ye... 60/40 or 65/35?

Hyper-- good point, I would not. I might use my EF to fund an IRA contribution and then replace. That is ill advised. An EF is there for unforeseen emergencies, or black swan events. What happens if one (or more) occur during the replacement period? You fill out a form to undo the IRA contribution....
by Hyperborea
Wed Sep 20, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: What say ye... 60/40 or 65/35?
Replies: 17
Views: 1656

Re: What say ye... 60/40 or 65/35?

Hyper-- good point, I would not. I might use my EF to fund an IRA contribution and then replace. That is ill advised. An EF is there for unforeseen emergencies, or black swan events. What happens if one (or more) occur during the replacement period? You fill out a form to undo the IRA contribution....
by Hyperborea
Wed Sep 20, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Time for a new laptop?
Replies: 46
Views: 2177

Re: Time for a new laptop?

OP is looking for a new laptop. You build your own laptops? A Windows desktop is reasonable. I really like the Intel NUC. I still prefer Macbook Pros over anything Windows has to offer. Linux has limitations with what programs it can run and MacOS is based on Linux . You admit that Windows 10 is ba...
by Hyperborea
Wed Sep 20, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: What say ye... 60/40 or 65/35?
Replies: 17
Views: 1656

Re: What say ye... 60/40 or 65/35?

Emergency funds aren't your investments. They are a fixed pool of reasonably liquid money for emergencies. You won't be using it to rebalance with if your equities go down, will you?
by Hyperborea
Wed Sep 20, 2017 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard for non-resident aliens
Replies: 22
Views: 1054

Re: Vanguard for non-resident aliens

I think you are making things harder on yourself than you need it to be. Yes, the terminology is screwed up, the whole mess can be confusing, and most Americans don't understand the differences and certainly not lowly paid customer service reps anywhere (don't ask them about stuff above their pay gr...
by Hyperborea
Tue Sep 19, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 165
Views: 14639

Re: Let's talk about your FI # and family income [Financial Independence]

I guess that is a stupid question, because using the 4% rule, I ideally shouldn't tap into principal regardless, right? I guess I'd just have to only do 4% of the brokerage amount if I don't want it to drop, and then 4% of the total when I'm able to withdraw from retirement accounts The "traditiona...
by Hyperborea
Mon Sep 18, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Best Practices - 2FA - SMS and Phone Type?
Replies: 7
Views: 430

Re: Best Practices - 2FA - SMS and Phone Type?

A couple of questions on security setups with respect to two factor authentication and SMS vs receiving codes via phone: 1) Even if you have to use SMS rather than Google Authenticator, Authy; key; or other methods, etc., IT IS BETTER to have 2FA, then not have it. Correct? 2) Is SMS more or less s...
by Hyperborea
Mon Sep 18, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 165
Views: 14639

Re: Let's talk about your FI # and family income

...I'm always skeptical of folks who espouse strategies that they design that will protect you or provide you with something "extra". Curiously enough, I don't see any disclosure on their website of how well those strategies worked out in 2008-2009 . (if you can find it and it meets/complies with G...
by Hyperborea
Mon Sep 18, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 132
Views: 9165

Re: Account security - Hackers gain access to mobile and then break havoc

So I went through and moved everything possible over to Google Authenticator (Gmail, Lastpass, Evernote, Amazon) and started researching this SMS problem. I went in and updated PIN, password, security settings on my verizion account. I also read this article, which seems to be way over my head. Doe...
by Hyperborea
Mon Sep 18, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 165
Views: 14639

Re: Let's talk about your FI # and family income

Back tested over 30 years? How many folks have a 30 year retirement and live to tell about it? Haven't seen one person on this forum pipe up......I'm looking forward in the next 10 years or so when we get more and more members talking about retiring with social security and what ever they saved, no...
by Hyperborea
Sun Sep 17, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 165
Views: 14639

Re: Let's talk about your FI # and family income

This threads crack me up. You guys with deep six figure incomes and you are trying to figure out retirement and such. This forum is infuriating sometimes. If I made mid six figures I'd be retired in three years and on a hillside somewhere over looking nature enjoying the hell out of life. As a smal...
by Hyperborea
Sun Sep 17, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 132
Views: 9165

Re: Account security - Hackers gain access to mobile and then break havoc

For those places where you can't get rid of the SMS weak-2FA how about creating a new GMail address and adding a Google Voice phone number for that? You can lock the number from being ported on the GV side. Then don't use that email address for anything at all and don't use the phone number for anyt...
by Hyperborea
Sat Sep 16, 2017 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: adapt portfolios to european investor
Replies: 54
Views: 2623

Re: adapt portfolios to european investor

In Germany you need to pay dividend tax for accumulation ETF. ETF reinvest dividend but you need to know amount of dividend that is reinvested, report that amount and pay dividend tax on that ammount. I red that from 2018 ETF will declare dividend to German goverment so dividend tax for accumulatio...
by Hyperborea
Sat Sep 16, 2017 1:38 am
Forum: Personal Consumer Issues
Topic: Interactive Brokers 2FA
Replies: 5
Views: 522

Re: Interactive Brokers 2FA

From the knowledge base at Interactive Brokers they state that if you don't use secure login then you will lose out on account protection from hacking and theft so you want to stay in the secure login program. There are 3 methods that they provide for 2FA: 1) security cards (printed personalized ran...
by Hyperborea
Fri Sep 15, 2017 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: starting a long-term taxable strategy + early retirement sanity check
Replies: 5
Views: 662

Re: starting a long-term taxable strategy + early retirement sanity check

I would suggest that you read the entire early retirement series at Early Retirement Now . It's currently at 19 parts and still growing. He deals with long retirement horizons needed by early and very-early retirees. I would suggest that you need to be conservative with the time horizon. I'm retired...
by Hyperborea
Fri Sep 15, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: Interactive Brokers 2FA
Replies: 5
Views: 522

Re: Interactive Brokers 2FA

It's a pain but it's an extra layer of security. Do you have multiple of the Digital Security Cards? Linked to one account? Have you ever needed to get one replaced? What was the process? I guess I'm hoping that it's secure enough to prevent somebody claiming to be me replacing the card and yet spe...
by Hyperborea
Fri Sep 15, 2017 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Early mortgage payoff vs investing
Replies: 19
Views: 1578

Re: Early mortgage payoff vs investing

A few thoughts: 1) 7% over the long haul, what if that 7% doesn't materialize for 20 years? If you put the money in the stock market and you lose 50% of it up front, are you ok with that? Actually, if that happened the OP should be very, very happy. A 50% drop at the start of his investment horizon...
by Hyperborea
Fri Sep 15, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Interactive Brokers 2FA
Replies: 5
Views: 522

Interactive Brokers 2FA

So, as a soon to be US non-resident alien and wanting to invest using ETFs outside the US I've been looking into the recommended brokerage, Interactive Brokers. At the account level I will have, it seems that they require the use of their own hardware security code generator, "Digital Security Card+...
by Hyperborea
Fri Sep 15, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 132
Views: 9165

Re: Account security - Hackers gain access to mobile and then break havoc

For services that allow TOTP (Time-Based One-Time Passcode), ALWAYS choose that option instead of SMS or email. They will show you a QR code one time, you take a picture of it using an authenticator app on your phone--there are tons of these, from Google, MS, etc--and from then forward your phone g...
by Hyperborea
Fri Sep 15, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: Protecting Privacy & Credit: Long Term Approach
Replies: 7
Views: 393

Re: Protecting Privacy & Credit: Long Term Approach

Some excellent suggestions there. :) Virtual machines (VMs) can also come in handy. They allow financial transactions to be segregated from other transactions. This is good if a spare computer isn't available to be used as a dedicated platform for financial transactions. (While a dedicated platform...
by Hyperborea
Fri Sep 15, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Another battery question
Replies: 25
Views: 2196

Re: Another battery question

Regarding the spark risk, I thought the recommendation was to always connect the negative lead last but to make the connection away from the battery on a frame bolt. In that way, any spark would be a safe distance from the battery. Hydrogen gas should only be present when a battery is charging and ...
by Hyperborea
Fri Sep 15, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Another battery question
Replies: 25
Views: 2196

Re: Another battery question

If the cigarette outlet has power to it when the ignition is off, you can use the plug. If not, you need to connect directly to the battery. If you do this, connect only the positive connector to the battery. Connect the negative elsewhere to a bare metal grounded part away from the battery. Connec...
by Hyperborea
Wed Sep 13, 2017 11:51 pm
Forum: Personal Consumer Issues
Topic: Another battery question
Replies: 25
Views: 2196

Re: Another battery question

If the cigarette outlet has power to it when the ignition is off, you can use the plug. If not, you need to connect directly to the battery. If you do this, connect only the positive connector to the battery. Connect the negative elsewhere to a bare metal grounded part away from the battery. Connec...
by Hyperborea
Wed Sep 13, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help With Asset Allocation - 7 years to retirement
Replies: 10
Views: 1415

Re: Help With Asset Allocation - 7 years to retirement

You need more info than that to decide what to do. Are you expecting any cash inflows between now and retirement? Are you expecting big cash payments (e.g. deferred comp)? Can you just change your yearly investment stream over to buying the fixed income that you want? How about turning off dividend ...
by Hyperborea
Tue Sep 12, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Retirees-anyone miscalculate how much was needed?
Replies: 71
Views: 8704

Re: Retirees-anyone miscalculate how much was needed?

You know there is research, although not conclusive, that suggest early retirees die sooner. But I believe there is also research that points to them living longer to. Either way death is immaterial unless you believe after you die you will lie there either cherishing your memories or regretting th...
by Hyperborea
Tue Sep 12, 2017 1:12 am
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 8382

Re: For those planning early retirement....

After 10 years, I got laid off, and didn't work for 5 months. That kind of changed my perspective a little bit. I learned to play golf (though not very well!), took a trip to new zealand, and a couple of other things. I enjoyed the time off, but realized after a certain point the attractiveness of ...
by Hyperborea
Mon Sep 11, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: UPS plug problem
Replies: 8
Views: 787

Re: UPS plug problem

UPS designers and manufacturers are aware of the problem of all this little bricks. Many UPS's now have the outlets positions to allow many bricks. Is yours an old UPS? For those folks considering a purchase, this is one criteria to look at closely. The real problem is that the UPS and powerbar man...
by Hyperborea
Mon Sep 11, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 3304

Re: Should I do 20 or 25 Year Term Life Insurance?

20 for sure, adults don't need parents income replacement in the event of death. You will have plenty to pass on at 54. Unless you want to put your kids through college.... It depends on how one planned to pay for the kid's college education. If one was saving for it and had the funds built up befo...
by Hyperborea
Mon Sep 11, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 3304

Re: Should I do 20 or 25 Year Term Life Insurance?

20 for sure, adults don't need parents income replacement in the event of death. You will have plenty to pass on at 54. Unless you want to put your kids through college.... It depends on how one planned to pay for the kid's college education. If one was saving for it and had the funds built up befo...
by Hyperborea
Mon Sep 11, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: New to US - Help with choosing 401k
Replies: 8
Views: 572

Re: New to US - Help with choosing 401k

I have updated my original post again. I think as part of the broader plan you need to think about how long you will be in the US and what you will do with your US investments if/when you leave. Also, do you plan to be with this company for a long time or will you move on to another job in the US i...
by Hyperborea
Sun Sep 10, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Independence Mindset
Replies: 83
Views: 6448

Re: Financial Independence Mindset

By the way, to save "one year of annual expense every year" like you mentioned above, you would need to save 50% of your income. Since the average American saves $0, I would consider a 20% savings rate very sizable and respectable. What the average American does isn't all that relevant in a forum m...