Search found 1486 matches

by kramer
Thu Feb 16, 2017 5:52 am
Forum: Investing - Help with Personal Investments
Topic: Never-Ending Foreign Tax Credit Problem
Replies: 33
Views: 2381

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: 33
Views: 2381

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: 5363

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: 2644

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: 2383

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: 305

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: 91
Views: 10825

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: 3586

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: 3586

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: 4467

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: 1561

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: 5018

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: 2931

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: 1334

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: 2067

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: 3147

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: 2328

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: 935

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: 4420

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: 4420

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: 2715

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: 448

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: 11173

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: 6768

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: 453

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: 2742

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: 2742

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: 2742

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: 2823

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: 1466

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: 2182

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: 877

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: 4155

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
by kramer
Tue May 31, 2016 1:45 pm
Forum: Personal Consumer Issues
Topic: Uber Car and the real cost of driving
Replies: 71
Views: 9786

Re: Uber Car and the real cost of driving

My friend traveled to Kuala Lumpur, Malaysia a few months ago and only used Uber to get around the area. He never paid more than 2 US dollars for a ride inside the city, incredible. When I was staying in the same city a few years ago with my mother, we were staying at a nice hotel and early in the m...
by kramer
Sat May 28, 2016 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Catastrophic Health Insurance for Tourist in U.S.
Replies: 1
Views: 428

Re: Catastrophic Health Insurance for Tourist in U.S.

I use World Nomads (just google that). They seem to have a good reputation with expats. They only have a low deductible option, $100, I think. The insurance ultimately goes through BUPA, which is a reputable insurance company. Preexisting conditions are not covered. There is not health screening or ...
by kramer
Mon May 23, 2016 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Adding a tilt--which international fund to use?
Replies: 65
Views: 5360

Re: Adding a tilt--which international fund to use?

One possibility is to tilt to value mostly in your US allocation where doing so is cheaper. As an example, I am about 40% US and 60% international. The large majority of my US allocation is in VBR (Vanguard Small cap Value). For international, I have a lot of VSS for small and then VEA and VWO for l...
by kramer
Fri May 20, 2016 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Treasury Direct -Changing Bank Account Info
Replies: 30
Views: 4459

Re: Treasury Direct -Changing Bank Account Info

Old post, but I spoke to a treasury direct representative today and they notified me that starting tomorrow (May 21, 2016) you will not need to fill out the form 5512 (bank change form with certifying/medallion signatures) in order to change banks. You will be able to make the change directly onlin...
by kramer
Fri May 13, 2016 12:23 am
Forum: Investing - Help with Personal Investments
Topic: What's your EM tilt and why?
Replies: 43
Views: 3076

Re: What's your EM tilt and why?

About 27% of my foreign stock allocation is to emerging markets. Foreign stocks make up about 60% of my holdings, so emerging markets represent about 16% of equity holdings (VWO, portion of VSS and VNQI) Why? : * I live and spend in an Emerging Market country so the EM currency/markets correlate bet...
by kramer
Sat May 07, 2016 10:26 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's not changing their AA, ever?
Replies: 46
Views: 4848

Re: Retirees: Who's not changing their AA, ever?

Interesting thread. Age 50, early retired 9 years ago, low withdrawal rate. I have been 63% to 65% stocks throughout. The Great Recession was a good test and I remained optimistic throughout. One change that I made after the Great Recession that doesn't show up in the numbers is that my bonds are no...
by kramer
Sun May 01, 2016 11:58 pm
Forum: Investing - Theory, News & General
Topic: Foreign Tax Credit, Form 1116, Double Taxation
Replies: 16
Views: 1633

Re: Foreign Tax Credit, Form 1116, Double Taxation

kramer - Thanks for the reminder on Foreign Tax Credit that may be carried forward ten years or back one year. I also have started to use Foreign Tax Credit that could not be used in previous years. I'm not enjoying the calculations and documentation required but the benefit is definitely worth the...
by kramer
Sun May 01, 2016 6:14 am
Forum: Personal Finance (Not Investing)
Topic: Change of Lifestyle in Retirement/Mobility
Replies: 9
Views: 1794

Re: Change of Lifestyle in Retirement/Mobility

BareFootGirl, I have walked a similar path. I retired at 41 in Silicon Valley. I never intended to retire there and had been planning my departure for awhile. I traveled for most of the next 5 years, or at least I lived in a lot of places temporarily in between travels, never had a lease, etc. Five ...
by kramer
Sat Apr 30, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: Foreign Tax Credit, Form 1116, Double Taxation
Replies: 16
Views: 1633

Re: Foreign Tax Credit, Form 1116, Double Taxation

For those of us with annual large unused foreign tax credits, some tax planning is in order. I am retired and living on dividends and a few capital gains and my foreign taxes paid on foreign stock ETFs (all based at Vanguard) well exceed the $300/$600 threshold. And my US tax liability is low. As I ...
by kramer
Thu Apr 28, 2016 2:02 pm
Forum: Personal Consumer Issues
Topic: Semi-Retirement and Mexico/Central America
Replies: 14
Views: 1779

Re: Semi-Retirement and Mexico/Central America

If you want to do work online, you'll want to start your research with places that have reasonable internet infrastructure. Don't just assume that a place with lots of expats has fios for $29 a month. You probably don't want to drive 100 miles to get to the nearest internet cafe. Of course, it goes...
by kramer
Thu Apr 28, 2016 9:58 am
Forum: Personal Consumer Issues
Topic: Semi-Retirement and Mexico/Central America
Replies: 14
Views: 1779

Re: Semi-Retirement and Mexico/Central America

Unfortunately, in the Latin American world, most countries have "old style" pensionado visas that require a pension that most early retirees cannot satisfy with assets. Some countries are even more restrictive -- I was living part-time in Colombia a few years ago and you are only allowed 6...
by kramer
Tue Apr 26, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Damaged iPhone 5S
Replies: 13
Views: 1065

Re: Damaged iPhone 5S

Not to mention that a smartphone is probably depreciating in value by 50% per year (continued use plus obsolescence), in fact, probably more.
by kramer
Tue Apr 19, 2016 9:37 pm
Forum: Personal Consumer Issues
Topic: Roku 3 v. Apple TV v. ???
Replies: 44
Views: 4356

Re: Roku 3 v. Apple TV v. ???

Another nice thing I have found about Roku 3 is that it can show the screen of your PC wirelessly, no HDMI cable required. At least with Windows 8.1 or later, Miracast is bundled, and the Roku accepts that signal. It's good enough to play back movies, etc. Also, if you are using headphones on your P...
by kramer
Sun Apr 17, 2016 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Goodbye College Loan!
Replies: 12
Views: 1227

Re: Goodbye College Loan!

Congratulations! I am retired now, but paying off my student loans was one of the signature events of my financial life. And I can never forget that feeling nor the phone call when I made the query about the exact final balance to send in 18 years ago. It really set the foundation for my future savi...
by kramer
Sun Apr 17, 2016 7:10 am
Forum: Investing - Help with Personal Investments
Topic: How long does TreasuryDirect take to convert paper I bonds?
Replies: 50
Views: 10233

Re: How long does TreasuryDirect take to convert paper I bonds?

I plan to start cashing in I-bonds in about 14 years. I am afraid to convert my paper I-bonds to TD direct yet because, if I mess up during any step or if my bank account information ever changes, I might have to produce the dreaded medallion stamp which is basically impossible for me since I live a...
by kramer
Sat Apr 16, 2016 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Good countries to accumulate in?
Replies: 13
Views: 1498

Re: Good countries to accumulate in?

Start to think about your skill set and what you will need to achieve this goal. I didn't really want to live abroad until my late 30's and at that point I did some self analysis and decided that my skill set would need quite a bit of development to get the sort of post I wanted (I worked for a glob...

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