Search found 697 matches

by halfnine
Thu Oct 19, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparents want to give to grandkids
Replies: 33
Views: 2894

Re: Grandparents want to give to grandkids

I don't want to come across as unappreciative but as someone who "paved" their own way without an inheritance along the way I feel that I have benefited tremendously relative to close friends who squabbled their inheritance and/or did not developer a proper work ethic in the real world. I am convin...
by halfnine
Wed Oct 18, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Multi-currency accounts for US citizen
Replies: 37
Views: 1462

Re: Multi-currency accounts for US citizen

I can't see him not taking a haircut if attempting to deposit foreign cash or a foreign check whether he has a multi-currency account or not. He is going to have to make an electronic transaction if he wants to save on fees. Instead of a check he probably should have had the other party use Transfer...
by halfnine
Tue Oct 17, 2017 4:07 pm
Forum: Personal Consumer Issues
Topic: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!
Replies: 26
Views: 1776

Re: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!

Thanks again for suggestions. I will decide between a train and a car depending upon weather/time. I am thinking to rent a airbnb in Bonn for 5-6 days (2 bed 1.5/2 bathroom). Any thoughts? I was researching online found out that boots work well for winter vacation in EU (buy raincoats locally in EU...
by halfnine
Mon Oct 16, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: Tanzania
Replies: 7
Views: 581

Re: Tanzania

I am in the early stages of planning a trip to Tanzania next year to hike Mt. Kilimanjaro then go on safari. A search of Bogleheads indicates that some posters have done this in the past, so I'm wondering if anyone has recommendations. What tour operator did you choose? Zara seems to be everywhere ...
by halfnine
Fri Oct 13, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF
Replies: 32
Views: 2973

Re: Gold ETF

If you don't have a foreign passport and foreign assets, I would treat a plan to relocate abroad as an exercise with a low probability of success with great risk. And the greater the crisis the lower the probability of it working out. Oh yeah. When your backup plan hits the point of "maybe there's ...
by halfnine
Fri Oct 13, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Gold ETF
Replies: 32
Views: 2973

Re: Gold ETF

Valuethinker wrote: Most survivalists have no clue. You want to somewhere in the Great Plains and be a member of the state police or some equivalent voluntary local police force. I wouldn't be headed up the blue Nile in such a situation. I'd be buying a ticket on a boat to get to a neutral nation n...
by halfnine
Fri Oct 13, 2017 3:23 pm
Forum: Personal Consumer Issues
Topic: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!
Replies: 26
Views: 1776

Re: First Winter (Dec/Jan) Vacation in Europe. Any suggestions please!

As to layering, I would only use multiple layers if planning on doing outdoor activities. But, if you are only planning on being in the cold as an interlude to spending time indoors, then wear whatever layering you would need to be comfortable inside and then one incredibly warm winter jacket for ou...
by halfnine
Wed Oct 11, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a new family home [Australia]
Replies: 19
Views: 1885

Re: Would you buy a new family home [Australia]

I am going to agree with Aloha Joe. As best I can tell you have a concentrated risk in housing right now and are underweight equities. Quickly and crudely your assets appear to be around 400K equity in property (at around 2x leverage) 250K in bonds (your offset account is similar to a bond) 150K in ...
by halfnine
Tue Oct 03, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Survivor Benefits
Replies: 21
Views: 3701

Re: Social Security Survivor Benefits

In researching I did find out that the windfall elimination provision does not affect survivor benefits. It only affects spousal benefits. So even though my mother was subject to a 50% reduction from WEP, my father's survivor benefits Will not be reduced by the WEP. That is my understanding as well.
by halfnine
Mon Oct 02, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: Buffett's idea of risk vs risk as in the formula: 'willingness, ability and need'
Replies: 50
Views: 2587

Re: Buffett's idea of risk vs risk as in the formula: 'willingness, ability and need'

I would say Mr. Buffett has a different idea regarding what investing is all about, specifically that it is a business enterprise and not how an individual goes about saving excess income for later consumption, aka retirement. As such his ideas of risk are not contradictory to n/a/w so much as orth...
by halfnine
Fri Sep 29, 2017 7:40 am
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6433

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

More from that guy. The common misconception of "you can't outperform the market" is simply false. You can. Furthermore, it's not all that difficult. Here are few ways in which you outperform the market: Buy a leap option for 20% of your capital for 1 year out. Your exit points are: 1/2 of your pos...
by halfnine
Wed Sep 27, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: Which is better a Cryptocurrency or Gold?
Replies: 99
Views: 6154

Re: Which is better a Cryptocurrency or Gold?

Interesting question. I own neither, but for the purposes you mention (and assuming I can't do some of both), I think I'd still choose gold, perhaps stored in a country like New Zealand. Cryptocurrencies could conceivably fill this role in the future, but at the moment it's a bit too unsure as to h...
by halfnine
Mon Sep 25, 2017 4:20 pm
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 4307

Re: Asking for no wedding gifts

. ....My partner and I are planning a tiny wedding. As in, just the two of us, no photographer, no witnesses (legal where we live). We decided to tell our families so that they wouldn't feel blind-sided by the decision. So far, everyone has been very supportive..... If every one is supportive then ...
by halfnine
Mon Sep 25, 2017 4:02 pm
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 8345

Re: Where do you get your news?

Currently I read the Economist, and a bit of Washington Post for breaking news. Thing is, I have recently had several smart people give me the advice to stop consuming news completely. The argument is that: 1) virtually none of it is actionable 2) it makes you unhappy Go cold turkey? I've never bee...
by halfnine
Mon Sep 25, 2017 3:42 pm
Forum: Personal Consumer Issues
Topic: Do you avoid risky adventures once you have the money?
Replies: 71
Views: 4117

Re: Do you avoid risky adventures once you have the money?

DaftInvestor wrote:
Mon Sep 25, 2017 9:31 am
My risk taking changed quite a bit once I had children. It never changed due to wealth accumulation.
This.
by halfnine
Mon Sep 25, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: Older or younger people travel around?
Replies: 31
Views: 3160

Re: Older or younger people travel around?

I think there is a lot of truth to the fact that you will see a lot of either younger or older individuals traveling independently. Those in their 20s and 60s have less commitments while those in their 30s, 40s, 50s are more likely to have families to raise, mortgages to pay, and career paths to mai...
by halfnine
Sun Sep 24, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1183

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

.....Don't forget US estate-tax if you spouse dies before you; "In case the account holder (US non-resident alien) passes away, the US will levy up to 40% estate tax [7] on US assets over the value of $60,000 USD [8]. " .... A US citizen spouse will qualify for a spousal exemption so the 60K is not...
by halfnine
Sun Sep 24, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1183

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 halfnine
Sun Sep 24, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Tax issues relocating abroad, avoid capital gains by gifting to foreign partner
Replies: 20
Views: 1183

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

..... 2) Social Security. I am not sure what the rules are on a foreign spouse getting spousal Social Security benefits but you would want to look at the details carefully since there may be a requirement for a number of year that you would need to be married. If you get married when you are on you...
by halfnine
Tue Sep 12, 2017 4:02 pm
Forum: Personal Consumer Issues
Topic: What do you do in slow travels?
Replies: 55
Views: 4317

Re: What do you do in slow travels?

As others have indicated, it's just not something you really do out of a hotel. Get an apartment or a house and live out of it. If it's for less then 2 months you will likely still want to be fairly close to the city centre or main attractions of wherever you are staying. Longer than that and you ca...
by halfnine
Sat Sep 09, 2017 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5677

Re: Purchasing Home With Girlfriend; Good or Bad?

I haven't seen it mentioned but it's a possibility that she lives at home so she can save up money for a down payment. If this is the case living with the boyfriend gets her further away from home ownership while concurrently increasing her boyfriends net worth. When I was in a long term relationshi...
by halfnine
Thu Aug 17, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Folding Electric Bike
Replies: 41
Views: 2563

Re: Folding Electric Bike

Based on what I've seen for a higher price you are getting a lighter weight, an even smaller fold, or performance that is closer to a road bike. Depending on one's usage any of those could be quite important in their own right. But since you are looking for a bike that you can ride around casually a...
by halfnine
Sun Aug 06, 2017 5:02 pm
Forum: Personal Consumer Issues
Topic: Retire early, live abroad until 65 and come back
Replies: 72
Views: 8430

Re: Retire early, live abroad until 65 and come back

I'll just note a few comments Kramer and AlohaJoe always provide great advice in these type threads. Quality healthcare can be obtained abroad in many countries for reasonable prices. And, for those in search of a global insurance plan, I used IMG Global for many years. Yes, people can live just as ...
by halfnine
Sun Aug 06, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: How much do kids cost in a high COLA?
Replies: 57
Views: 4008

Re: How much do kids cost in a high COLA?

I've come to the conclusion that kids have an opportunity cost that takes it shape in some combination of time, space, stuff, social capital, and money. And the more you have of any one of them the less you may need of the others. So, for instance those who have a SAHP (time), a large house (space) ...
by halfnine
Sun Aug 06, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: Question for MTB'rs. Buying a bike.
Replies: 22
Views: 1436

Re: Question for MTB'rs. Buying a bike.

I am a big believer in frame geometry. At those costs, I'd look at various manufacturers and buy the frame that has the geometry that best suits my build and riding style. Then customize the rest of the parts around it.
by halfnine
Sat Jul 15, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9341

Re: What advice to give 21 year old?

If I recall correctly you have an 8 figure net worth and are looking at inheritances for you kids in 7 figure ranges. At this point we are talking about family money in one form or another, it is just a matter of when or how. So, I might consider recommending 100% global stock and self-insure his ta...
by halfnine
Fri Jul 14, 2017 5:19 am
Forum: Personal Consumer Issues
Topic: Is it Safe to Get Your DNA Tested?
Replies: 71
Views: 6986

Re: Is it Safe to Get Your DNA Tested?

Is anyone aware of any of company abroad that does DNA testing? Preferably where one could do it anonymously.
by halfnine
Fri Jul 07, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Is the 'global market portfolio' rational for someone living in a small economic area like the Eurozone?
Replies: 60
Views: 3709

Re: Is the 'global market portfolio' rational for someone living in a small economic area like the EU?

Your allocation is a huge vote against the US market. My personal preference is not to make any large bet for or against a foreign country but also due to concentration risk to limit a country to max 40% total for stocks and bonds combined. Personally that puts me at about 30% US stock and 10% US bo...
by halfnine
Fri Jul 07, 2017 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Stress Testing Plans: How much stress?
Replies: 34
Views: 2691

Re: Stress Testing Plans: How much stress?

I am not convinced that any asset is riskless. As such, as a risk reduction strategy (or for stress testing) I have been toying with the idea of capping each asset class to an individual maximum of 40% of the uncapped sum of all asset classes. Separating the asset classes (or income streams if one p...
by halfnine
Wed Jul 05, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move abroad to minimize health care costs?
Replies: 80
Views: 6829

Re: Should I move abroad to minimize health care costs?

One of the biggest wildcards in personal finance is health care costs. We are 37 and 40. DW and I won’t have kids. We are both freelancers and don't qualify for subsidized insurance. We pay around $600 per month for our high deductible health plans. We make $120,000 per year give or take. One of my...
by halfnine
Fri Jun 16, 2017 5:41 am
Forum: Investing - Help with Personal Investments
Topic: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.
Replies: 50
Views: 8371

Re: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.

I quickly skimmed but not sure if I saw it mentioned already. If done correctly she should be paying close to zero in taxes and be eligible for lower health insurance premiums. Each tax year she would need to balance her capital gains and likely also perform IRA conversions to a Roth keeping both in...
by halfnine
Tue Jun 13, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question - Non-US citizen parent wants to gift wealth
Replies: 21
Views: 2138

Re: Tax question - Non-US citizen parent wants to gift wealth

..... One last question if anybody can answer. Say my father sells some property and the amount over 100,000 is transferred to me. I will report it but when do the taxes actually kick in? Specifically at what threshold has to be reached before the US government taxes the gift my father gives to me....
by halfnine
Mon Jun 12, 2017 3:28 pm
Forum: Personal Consumer Issues
Topic: Best way to book multi-city international airfare itinerary?
Replies: 23
Views: 2181

Re: Best way to book multi-city international airfare itinerary?

Historically, going back to the 90s, I've booked my multi-city international travel with Airtreks. They were bought out a while back by Bootsnall. The agents are most beneficial the more complicated the journey as they are aware of the various deals available among local carriers. They have an onlin...
by halfnine
Sat Jun 03, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 265
Views: 23960

Re: KF's Worst Case Retirement Plan [KlangFool's]

I think financially you'd be fine. If risk shows up you have home equity and the option to move where COL inclusive of healthcare is cheaper. Worst case, that would be abroad. I still see two issues, though, unless you are willing to work at at a more menial job down the road. 1. How close do you wa...
by halfnine
Mon May 29, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: best watch for climbing/mountaineering?
Replies: 9
Views: 1026

Re: best watch for climbing/mountaineering?

It's unlikely you will be wearing a watch on your wrist either when climbing (dangerous for your limbs) or mountaineering (under layers). Attaching it to a pack is no big deal but the watch needs to be rather robust and, depending on where you are going, resistant to cold weather. Digital displays o...
by halfnine
Thu Apr 20, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should I tilt to Country of Birth in asset allocation?
Replies: 11
Views: 1274

Re: Should I tilt to Country of Birth in asset allocation?

Globally weight equities. Then tilt to the other county in fixed income with bonds, CDs, or saving accounts accordingly. It's cheapest generally just to buy these locally but make sure that they are owned individually and not as an ETF or mutual fund to prevent PFIC isssues.
by halfnine
Mon Apr 17, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Hiking the Tahoe Rim Trail
Replies: 28
Views: 3065

Re: Hiking the Tahoe Rim Trail

I have backpacked a little bit of the trail and biked a little bit of it as well. I really don't know much about enough it to really compare and contrast the sections. Though I will agree with a previous post in that you really can't go wrong with the Desolation Wilderness portion. As for snow, sno...
by halfnine
Sun Apr 16, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Hiking the Tahoe Rim Trail
Replies: 28
Views: 3065

Re: Hiking the Tahoe Rim Trail

I have backpacked a little bit of the trail and biked a little bit of it as well. I really don't know much about enough it to really compare and contrast the sections. Though I will agree with a previous post in that you really can't go wrong with the Desolation Wilderness portion. As for snow, sno...
by halfnine
Sun Apr 16, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Hiking the Tahoe Rim Trail
Replies: 28
Views: 3065

Re: Hiking the Tahoe Rim Trail

I have backpacked a little bit of the trail and biked a little bit of it as well. I really don't know much about enough it to really compare and contrast the sections. Though I will agree with a previous post in that you really can't go wrong with the Desolation Wilderness portion. As for snow, snow...
by halfnine
Sun Apr 16, 2017 3:41 pm
Forum: Investing - Theory, News & General
Topic: Is there any reason a buy-and-hold investor would buy gold?
Replies: 121
Views: 7766

Re: Is there any reason a buy-and-hold investor would buy gold?

Given there are actually a few reality shows on gold mining I doubt it is as unknown as you believe. More importantly in countries where banking systems are still evolving having a compact store of value or one you can wear is a huge advantage. And you really think that the majority of folks watchi...
by halfnine
Thu Apr 13, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: million dollar condo?
Replies: 33
Views: 4329

Re: million dollar condo?

DW (who is in school)..... I think that this is the key. I would not buy until your wife graduates and settles into her work. There is no telling where her job will be and she might even find a dream job in a different city and you might follow here there. If you don't have strong family ties to yo...
by halfnine
Thu Apr 13, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: Combatting mosquitoes traveling in S. America
Replies: 39
Views: 2549

Re: Combatting mosquitoes traveling in S. America

Presumably, anti-malaria pills are prescribed by a doctor. I would not be taking these (or any medication for that matter) without being under the direction of an infectious disease doctor, who would specialize in these types of things. DW is ID MD. I'm no specialist, but the warning is worth notin...
by halfnine
Thu Apr 13, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: Combatting mosquitoes traveling in S. America
Replies: 39
Views: 2549

Re: Combatting mosquitoes traveling in S. America

permethrin to treat clothing light weight travel type silk mummy liner to sleep in light weight travel type bed net (many of the ones you may encounter may be in poor condition with holes) As far as medication, I prefer to get my medications from respected sources and not locally sourced. Fake and s...
by halfnine
Tue Apr 11, 2017 4:11 pm
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 9257

Re: Dream vacation spots?

I am more inclined to see more of the USA in much more detail before I use my passport. This country is truly amazing. I still need to visit seven more states before taking credit for being in all 50. Agreed. I've never really had a strong desire for international travels, maybe a few spots in Euro...
by halfnine
Tue Apr 11, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 9257

Re: Dream vacation spots?

Antarctica - I think I want this to be my first trip in retirement Safari in Africa - doing in 2018 hopefully Scuba Dive Great Barrier Reef Several weeks in Thailand Climb Mt Fuji I want to bike through parts of Europe at some point. Shorter routes that only take a week or something. Overall I actu...
by halfnine
Tue Apr 04, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: Early retirees - how did you inform your loved ones and friends?
Replies: 54
Views: 6302

Re: Early retirees - how did you inform your loved ones and friends?

....After giving my notice, I told my work friends that I was taking a year off for travel and that after that I would evaluate my options but that I was leaning toward teaching English abroad (and that was the absolute truth). But I didn't really say that I was probably permanently retired (even i...
by halfnine
Tue Apr 04, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 9257

Re: Dream vacation spots?

Not so much a spot as much as an experience....zero gravity. ZeroG is probably still doing it. Possibly others.
by halfnine
Mon Apr 03, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 9257

Re: Dream vacation spots?

There are lots of threads about favorite vacations ever. What locations are you dreaming of exploring - possibly saving for and possibly just savoring the idea of someday seeing? For me: Angkor Wat, Cambodia Trekking with gorillas in Rwanda The Bazaruto Archipelago in Mozambique Kyoto, Japan Namibi...
by halfnine
Mon Apr 03, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Young-ish bogleheads: How much (if any) social security do you expect in retirement?
Replies: 88
Views: 5393

Re: Young-ish bogleheads: How much (if any) social security do you expect in retirement?

I am capping social security at up to 40% of our expected retirement expenses. The other 60% will have to come from other investments. And, actually, will cap stocks, bonds, and/or property individually at 40% as well. This is just simply to mitigate concentration risk from any one income stream.
by halfnine
Sun Apr 02, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 80
Views: 12341

Re: Currently have $700,000 at 26 years old get $100,000 a year

....POTENTIAL ISSUES: I start spending too much like live lavish lifestyle bc of a college girl. Start doing bad things that cause addiction and cost too much. Someone tries to cheat me. I marry the wrong person. Anything else? And should I do a prenup? I would think your biggest risk isn't necessa...