Search found 1502 matches

by kramer
Wed Apr 19, 2017 11:14 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 300
Views: 26892

Re: Larry Swedroe says "Goodby."

Thanks for all your contributions, Larry ... they are deeply appreciated ... and your depth of knowledge and willingness to share is a good example for all of us.
by kramer
Mon Apr 17, 2017 1:24 am
Forum: Investing - Help with Personal Investments
Topic: I got a FACTA-related form from my home country?
Replies: 24
Views: 1076

Re: I got a FACTA-related form from my home country?

To directly answer the OP's question, many and probably most banks abroad now automatically require that you state whether you are a US Person and/or US Citizen as a matter of doing business with them. This is usually even for opening a small account since that account could later grow above the thr...
by kramer
Thu Apr 13, 2017 12:19 am
Forum: Investing - Help with Personal Investments
Topic: STRIPS ladder to buy my retirement home?
Replies: 13
Views: 1228

Re: STRIPS ladder to buy my retirement home?

You probably know this already but just in case ... don't forget to include Texas property taxes ... from what I have read they may be as much as $800/month (?) on a purchase of that size.
by kramer
Sun Apr 09, 2017 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Malpractice tail
Replies: 8
Views: 1361

Re: Malpractice tail

I am sure it is heavily dependent on your specialty.

My brother-in-law was an ENT surgeon/doc in Southern California for a group and moved to the Midwest around 2005 (I think). He paid 76K for the malpractice tail. And he had a good record.
by kramer
Sun Apr 09, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: More Zenni Optical Questions
Replies: 13
Views: 1504

Re: More Zenni Optical Questions

I got progressive lenses for regular glasses on Zenni and they were not done very well. At almost the same time, I got a pair at Costco that were done much better. My lesson is that I would only do a simple prescription through Zenni. I have gotten single prescription glasses for myopia on Zenni and...
by kramer
Fri Apr 07, 2017 11:46 pm
Forum: Personal Consumer Issues
Topic: Packing cubes for travel
Replies: 60
Views: 4046

Re: Packing cubes for travel

I use cubes for clothes and ziploc bags for smaller things (mostly quart bags). I tried rolling clothing before putting it into the cubes but it just didn't work for me, I just fold them in approximately the same rectangular shape of the cube. I use the bigger cubes mostly for pants and shorts. If a...
by kramer
Thu Apr 06, 2017 12:56 am
Forum: Investing - Help with Personal Investments
Topic: Hit my # for retirement, how do I protect it until ready to quit?
Replies: 15
Views: 2278

Re: Hit my # for retirement, how do I protect it until ready to quit?

I retired at age 41 and what I did is shift my investments to my desired portfolio before I retired. I couldn't do it entirely due to not being willing to generate any capital gains while working but within reason I could, especially my stock/bond balance which is the most important figure (It's bee...
by kramer
Thu Apr 06, 2017 12:20 am
Forum: Personal Consumer Issues
Topic: Flights with limited pre-assigned seating benefits
Replies: 49
Views: 2684

Re: Flights with limited pre-assigned seating benefits

I don't go anywhere for any length of time without getting connectivity via a local sim. There are many ways my smartphone enhances my travel experience and safety. http://prepaid-data-sim-card.wikia.com/wiki/Hong_Kong It's cheap and easy to do in Hong Kong. They even have an easier sim option for t...
by kramer
Wed Apr 05, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: Early retirees - how did you inform your loved ones and friends?
Replies: 54
Views: 5560

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

Funny this question came up because I have been reminiscing about it as my 10 year early retirement anniversary is next week, I retired at age 41. Giving notice when you have a good job and no other job lined up and you are making a lifetime change is terrifying. If I was not so burned out on my jo...
by kramer
Tue Apr 04, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Early retirees - how did you inform your loved ones and friends?
Replies: 54
Views: 5560

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

Funny this question came up because I have been reminiscing about it as my 10 year early retirement anniversary is next week, I retired at age 41. I couldn't just say nothing ... I was well known and a high achiever at my large computer company with a large professional network ... and my immediate ...
by kramer
Thu Mar 30, 2017 4:10 am
Forum: Personal Finance (Not Investing)
Topic: Moving money between countries
Replies: 14
Views: 1063

Re: Moving money between countries

Ideally, you have a US dollar account to receive the funds, at least for the US to India transfer. I don't know if this is possible in India. Here in the Philippines they have US dollar accounts at banks and moving that kind of money would probably only cost the wire transfer fee (say less than 50 d...
by kramer
Fri Mar 24, 2017 10:11 pm
Forum: Personal Consumer Issues
Topic: Virtual Private Networks (VPNs)
Replies: 149
Views: 10196

Re: Virtual Private Networks (VPNs)

+1 for PIA. I have gotten tens of megabits per second sustained speeds with them (on a 60mb connection). +1 here too for PIA. However, one downside was my inability to log onto my Schwab account when using PIA. After a phone call to Schwab technical support, I learned Schwab blocks access via a VPN...
by kramer
Fri Mar 17, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 61
Views: 6229

Re: Endless Job Interviews (with same company)

What industry are you in and what type of position?
by kramer
Thu Mar 16, 2017 3:12 am
Forum: Personal Finance (Not Investing)
Topic: Trying to transfer a Roth IRA and this Medallion Signature requirement is driving me nuts!
Replies: 67
Views: 4245

Re: Trying to transfer a Roth IRA and this Medallion Signature requirement is driving me nuts!

A few years ago (2010?) I thought I was going to need a Medallion Signature Guarantee to transfer my HSA from a credit union. I called Schwab to ask if they could do it if I went to one of their offices (I am a long time Schwab brokerage account holder) and they said they would only do it if they we...
by kramer
Thu Mar 16, 2017 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 101
Views: 10587

Re: Early Retirement - what to do about healthcare?

I retired early in 2007 at age 41 and acquired a private health insurance plan in the US, $5000 domestic deductible, $10,000 international deductible. The premiums went up quickly but were never that bad by today's standards...I started living abroad (because I wanted to, nothing related to health i...
by kramer
Fri Mar 03, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Actual physical ATM access internationally, and then changing notes
Replies: 26
Views: 1260

Re: Actual physical ATM access internationally, and then changing notes

Usually before entering a new country, I have made myself aware of the maximum ATM withdrawal in their currency. I am not that picky about which ATM I use, and I almost always try to use one at the airport. For my first ATM pull, I typically use an odd amount. Let's say the max in country X is 1000 ...
by kramer
Thu Feb 16, 2017 5:52 am
Forum: Investing - Help with Personal Investments
Topic: Never-Ending Foreign Tax Credit Problem
Replies: 42
Views: 3540

Re: Never-Ending Foreign Tax Credit Problem

Kramer, you have echoed my situation completely. And as fortune would have it, I have also been considering doing the T-IRA to Roth IRA conversion in these low effective tax rate years. So your suggestion may take care of two birds, the FTC carryforward and the eventual tax liability of the T-IRA. ...
by kramer
Thu Feb 16, 2017 3:44 am
Forum: Investing - Help with Personal Investments
Topic: Never-Ending Foreign Tax Credit Problem
Replies: 42
Views: 3540

Re: Never-Ending Foreign Tax Credit Problem

My foreign tax credit carryover increases every year and I do NOT have $20,000 in foreign source dividend income (all from Vanguard ETFs). The answer lies with the fact that my US tax rate is lower than the taxes paid on my foreign dividends AND that I exceed the $300/$600 threshold in foreign taxes...
by kramer
Mon Feb 13, 2017 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Is 130k a good salary in IT?.
Replies: 40
Views: 5885

Re: Is 130k a good salary in IT?.

It's way way more important that he is happy in his job (or at least not miserable or feeling desperate or totally insecure) than whether he earns a few extra dollars. If his job seems stable and he is not being driven crazy, leave well enough alone. This is absolutely the case in IT. If you have n...
by kramer
Mon Jan 30, 2017 10:34 pm
Forum: Personal Consumer Issues
Topic: Utilizing a trainer to maintain fitness in retirement
Replies: 39
Views: 2745

Re: Utilizing a trainer to maintain fitness in retirement

I am 51 and have been retired for 10 years, I only got serious about exercise after retirement. I stay in top physical shape now, mixing gym and running. I have never used a trainer, but I think a trainer could have helped me in the gym initially. I had almost no gym experience. I don't think a trai...
by kramer
Tue Jan 24, 2017 10:35 pm
Forum: Personal Consumer Issues
Topic: Cell service abroad, what did I do wrong
Replies: 29
Views: 2450

Re: Cell service abroad, what did I do wrong

Yes, my modus operandi is to research online ahead of time so I know what brand of sim card to buy, have a prepaid phone plan in mind, and where the sim cards are generally available: http://prepaid-data-sim-card.wikia.com/wiki/Prepaid_SIM_with_data Then I have the shop set it up for me. I don't cou...
by kramer
Thu Jan 19, 2017 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Will foreign banks file 1099INT for 2016.
Replies: 2
Views: 382

Re: Will foreign banks file 1099INT for 2016.

No, I don't think they do. In fact, where I live, there doesn't seem to be any such thing as 1099 reporting even to locals as there is withholding at the source for all interest bearing accounts. And many foreign banks may have only your USA person info (passport number, for instance) but not your U...
by kramer
Mon Jan 16, 2017 12:20 am
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 98
Views: 12757

Re: Best DNA genealogy testing kits

I think these tests when used for genealogical purposes are not particularly informative as the field is so young. At some point in the future there will probably be interesting and specific and actually accurate things the tests can tell us, but not yet. It's more important to just save the DNA da...
by kramer
Wed Jan 11, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: Where Can a Self-Supporting Retiree Move?
Replies: 32
Views: 3708

Re: Where Can a Self-Supporting Retiree Move?

I know a lot of retired American's who live in the Philippines and it is usually ranked in the top 25 of countries U.S. citizens retire too. You do have to have a $10,000 to $20,000 deposit in a Philippine bank depending on whether or not you have a pension and number of dependents going with you. ...
by kramer
Wed Jan 11, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: Where Can a Self-Supporting Retiree Move?
Replies: 32
Views: 3708

Re: Where Can a Self-Supporting Retiree Move?

Almost all of southeast Asia fits your criteria and much of Latin America. Also, there is probably no need to move much wealth to your new country of residence. Things to look out for: * If land ownership is important to you, many countries don't permit it, so check that ahead of time * If you have ...
by kramer
Tue Dec 27, 2016 10:29 am
Forum: Personal Consumer Issues
Topic: anyone living in central america?(Nicaragua, Costa Rica, Panama, Belize...)
Replies: 30
Views: 4659

Re: anyone living in central america?(Nicaragua, Costa Rica, Panama, Belize...)

I don't live in Central America but I do live outside of the US in a developing country. I know dozens of people who have lived happily in developing countries for years or decades. I know people who liked it at first but got tired of it after a few years. I know people who hated it immediately and...
by kramer
Sat Dec 24, 2016 3:25 am
Forum: Personal Finance (Not Investing)
Topic: Tax gain harvesting
Replies: 21
Views: 1783

Re: Tax gain harvesting

I am in my 50's, retired, and in a low tax bracket with no earned income. The majority of my assets are in taxable accounts with large cap gains. Each year, I convert traditional IRA up to the top of the 10% bracket, maybe a little more, and tax harvest cap gains up to the top of the 15% bracket. Th...
by kramer
Thu Dec 22, 2016 10:18 am
Forum: Personal Consumer Issues
Topic: WSJ $99 for 6 months -- worth it?
Replies: 62
Views: 5554

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

I would be happy to pay for a no-BS WSJ digital-only subscription, say as $12 to $15 per month, no hidden price increases, no snail mail, no physical newspaper, no calling retention officers to turn off auto-charge, no changing e-mails to try to get a different introductory priced digital subscripti...
by kramer
Sat Dec 10, 2016 10:05 am
Forum: Personal Consumer Issues
Topic: travel to Istanbul
Replies: 42
Views: 3080

Re: travel to Istanbul

My DW and I spent 4 days in Istanbul, 3 days in Cappadocia, 3 days in Izmir and 3 days in Azerbaijan about 6 weeks ago. We had a wonderful time, felt and were completely safe. In Istanbul we used the trams and metro system whenever possible. We were traveling with my sister and brother-in-law while...
by kramer
Wed Nov 30, 2016 10:45 am
Forum: Personal Consumer Issues
Topic: Wisdom of saving money and buying a cheaper ultrabook- specifically Thinkpad 13
Replies: 18
Views: 1440

Re: Wisdom of saving money and buying a cheaper ultrabook- specifically Thinkpad 13

When I was first shopping for a system, I was a bit confused about the performance difference among different processors.

However, now I use this site: https://www.cpubenchmark.net/

I enter the processor of the machine I am interested in to get a general idea of CPU performance.
by kramer
Fri Nov 25, 2016 4:57 am
Forum: Personal Finance (Not Investing)
Topic: if permanently move abroad
Replies: 13
Views: 2164

Re: if permanently move abroad

They will know you have left because your last filing will be a Non-Resident state tax return (since you were present for only part of the year). After that, you don't have to do anything except don't appear on their radar again and don't get snail mail there from your brokerages and banks.
by kramer
Mon Nov 21, 2016 11:51 pm
Forum: Personal Consumer Issues
Topic: Yahoo finance site going down hill?
Replies: 22
Views: 3293

Re: Yahoo finance site going down hill?

Yahoo Finance was out of date and going downhill a decade ago.
by kramer
Sat Nov 19, 2016 12:24 am
Forum: Investing - Theory, News & General
Topic: Viewing BRK.B as a Means to Hold "Tax-Deferred" Equity in Taxable Account
Replies: 23
Views: 2450

Re: Viewing BRK.B as a Means to Hold "Tax-Deferred" Equity in Taxable Account

BRK is also paying a lot of taxes internally on dividends. There is no free lunch here.
by kramer
Mon Nov 14, 2016 1:53 am
Forum: Personal Finance (Not Investing)
Topic: US Expat Tax filing
Replies: 13
Views: 1036

Re: US Expat Tax filing

It almost completely depends on how complex your situation is. Questions like: Earned income abroad? Investing outside the USA and subject to PFIC? Special tax laws in your host country? Part-time resident? That being said, I am a resident abroad but not working so I have no earned income and almost...
by kramer
Fri Oct 21, 2016 10:58 am
Forum: Investing - Help with Personal Investments
Topic: US Expat in Indonesia
Replies: 57
Views: 4647

Re: US Expat in Indonesia

Ah, yes. In cases like that I understand the advantage. All in all, in such a situation it would probably be good to e-File if that's an option. Yes, I do e-file (using the Philippines mailing address). What I worry about is something like an audit notice or any sort of important notice from the IR...
by kramer
Fri Oct 21, 2016 1:22 am
Forum: Investing - Help with Personal Investments
Topic: US Expat in Indonesia
Replies: 57
Views: 4647

Re: US Expat in Indonesia

Not to keep spinning around on all the detail stuff, but why would you want to put a US address on your 1040? I always put my foreign address and haven't run into any difficulties, and I suppose one advantage is that it's clear that I have no US tax home. But really it's just practical: if the IRS ...
by kramer
Sun Oct 09, 2016 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Most reliable/safe/bulletproof way to get cash overseas
Replies: 30
Views: 2892

Re: Most reliable/safe/bulletproof way to get cash overseas

Are there any ATM cards or ATM-card-equivalents that have 24/7 support so if they're denied or there's some other problem you're not left high and dry because of a weekend or holiday? There are some good suggestions here, but I think "diversity" is the more important take-away - a 24/7 ca...
by kramer
Thu Oct 06, 2016 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Uk Expat living in Far East, Portfolio Rebalancing. (again)
Replies: 7
Views: 496

Re: Uk Expat living in Far East, Portfolio Rebalancing. (again)

Also, on EPHE (Philippines stock market), at least, you are paying a lot of internal expenses. The expense ratio is about 0.6% and almost 1/3 (!!) of the dividends get eaten up paying internal Philippines taxes (take a look at your end of year statement). The norm for emerging markets is more like 8...
by kramer
Thu Jul 28, 2016 2:13 am
Forum: Personal Finance (Not Investing)
Topic: Any retirees here who have been life-long renters?
Replies: 140
Views: 11363

Re: Any retirees here who have been life-long renters?

Could be a very small or non-existent group here. But I keep hearing the siren song of home ownership, but I am not sure if this is ever going to happen for me. I guess I need to hear from some folks that may have been able to retire and "win the game" without having been home owners. My ...
by kramer
Fri Jul 15, 2016 2:58 am
Forum: Personal Consumer Issues
Topic: Cell phone data plans
Replies: 62
Views: 6915

Re: Cell phone data plans

FrugalInvestor wrote:
abuss368 wrote:Someday soon we will all be on cell phones and the old home phone line will be a "thing" of the past.


That day has arrived for many if not most.

Ha ha yeah. I ditched my land line 13 years ago.
by kramer
Fri Jul 08, 2016 11:02 am
Forum: Personal Consumer Issues
Topic: Language Corps - Living in Asia or South America
Replies: 3
Views: 465

Re: Language Corps - Living in Asia or South America

I seriously considered teaching English abroad when I retired 9 years ago, although I ultimately decided against it. But without ever leaving home, I was able to learn a great deal about the market and conditions for teaching in each country, the requirements, costs, etc. from Dave's ESL Cafe: http:...
by kramer
Thu Jul 07, 2016 10:17 am
Forum: Personal Consumer Issues
Topic: Live abroad for a year?
Replies: 32
Views: 2780

Re: Live abroad for a year?

3. You are entitled to TWO passports as a US citizen. I would bring both. You have to legally have it on you in Europe and while a photocopy is fine 99.9% of the time, there was a period in Italy where he embassy told us to carry them around. Maybe also get a passport card - easier to carry around ...
by kramer
Thu Jul 07, 2016 10:03 am
Forum: Personal Consumer Issues
Topic: Live abroad for a year?
Replies: 32
Views: 2780

Re: Live abroad for a year?

I have logged into my Vanguard and Schwab accounts from all over the world (non-VPN) without a problem. In fact, I have a VPN but don't bother to use it with them. Same goes for several bank accounts (4 active accounts). I do maintain a US mailing address and US phone number (Skype In). Those are bo...
by kramer
Thu Jul 07, 2016 1:00 am
Forum: Personal Consumer Issues
Topic: Live abroad for a year?
Replies: 32
Views: 2780

Re: Live abroad for a year?

I think it sounds interesting and doable. I would probably plan on moving around instead of basing myself in one location. My only advice would be to not focus on Europe so much, as so many Americans seem to do for whatever reason. Your kids will benefit much more by seeing other places besides just...
by kramer
Wed Jun 15, 2016 3:54 am
Forum: Personal Finance (Not Investing)
Topic: 2 separate cell phones for work & personal? [Physician]
Replies: 26
Views: 2905

Re: 2 separate cell phones for work & personal? [Physician]

Get a dual-sim phone and two phone numbers. In much of the world, dual-sim is the default phone configuration although it doesn't seem too common in the USA. In these phones, only one sim is data (3G/4G). Make that your personal sim, which is always on. Then you can turn on and off the second sim as...
by kramer
Tue Jun 14, 2016 3:26 am
Forum: Personal Consumer Issues
Topic: Virtual Reality
Replies: 15
Views: 1507

Re: Virtual Reality

There was an interview of a realistic futurist type a few months ago . . . and for the final question he was asked was what technologies could realistically be major game changers for many people within the next couple of decades. He said he could only name two. Self driving cars within 20 years. An...
by kramer
Mon Jun 13, 2016 1:43 pm
Forum: Personal Consumer Issues
Topic: Recommendation for international SIM cards?
Replies: 30
Views: 2255

Re: Recommendation for international SIM cards?

http://prepaid-data-sim-card.wikia.com/wiki/Greece

I am traveling soon to a few new countries and I have found the above site useful for understanding their SIMs and mobile systems.

The phone to which you linked on Amazon does texts (that is what SMS means).
by kramer
Mon Jun 06, 2016 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: new course "The Global Financial Crisis" at coursera.org
Replies: 6
Views: 893

Re: new course "The Global Financial Crisis" at coursera.org

Thanks for the pointer. And, tangentially related, another amazing standard of living increase for us in the internet age. I was watching an old Columbo episode from the early 70's the other day. The multi-millionaire in this episode had a big mansion and a full-time butler and maid. The rich lady h...
by kramer
Mon Jun 06, 2016 3:07 am
Forum: Local Chapters and Bogleheads Community
Topic: D Day 72 years ago...
Replies: 48
Views: 4223

Re: D Day 72 years ago...

My great uncle "Kramer" (same name) died in this campaign in France in 1944. Thank you for your sacrifice and I wish I had had the chance to meet you.Image

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