Search found 823 matches

by Hyperborea
Sun Oct 06, 2019 2:07 am
Forum: Non-US Investing
Topic: Beginner - Investing for EU while in US
Replies: 2
Views: 320

Re: Beginner - Investing for EU while in US

A couple of things to think about. How long have you had the green card and how long will you have had it when you leave? If that's more than 7 years (calendar years - even a single day in the year makes it count) then you will need to be aware of expatriation taxes. This will potentially hit all yo...
by Hyperborea
Thu Oct 03, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 24534

Re: IT compensation comparison

I remember in the mid 2000s, one manager in my team said basically told me exact same words, i.e. software engineering is a dead end job. And that I should get out . I am glad I didn't follow his advice. But the point is that back then, his advice sounded very wise. All the world was predicting tha...
by Hyperborea
Sun Sep 29, 2019 7:13 pm
Forum: Non-US Investing
Topic: Tilt towards small cap value stocks?
Replies: 9
Views: 1200

Re: Tilt towards small cap value stocks?

Opinion in the forum is quite divided on the question of whether a small-cap value tilt is "necessary." John C. Bogle wrote that Successful investing involves doing just a few things right and avoiding serious mistakes. Among forum posters, many are strong advocates for a small-cap value tilt, and ...
by Hyperborea
Sun Sep 29, 2019 6:47 pm
Forum: Non-US Investing
Topic: 80% VWRA / 20% bond index - which bond index to choose?
Replies: 40
Views: 2479

Re: [30yo EU investor] Ireland based accumulative bond index fund for 80% World stock 20% bond portfolio?

I would prefer this bond fund to be accumulative rather than distributive. You won't find US domiciled accumulating funds. US tax law doesn't exempt or defer the accumulated dividends/interest so they are of no use to US tax residents and are actually difficult to track for tax purposes. For those ...
by Hyperborea
Sat Sep 28, 2019 1:27 am
Forum: Non-US Investing
Topic: 80% VWRA / 20% bond index - which bond index to choose?
Replies: 40
Views: 2479

Re: [30yo EU investor] Ireland based accumulative bond index fund for 80% World stock 20% bond portfolio?

I would prefer this bond fund to be accumulative rather than distributive. You won't find US domiciled accumulating funds. US tax law doesn't exempt or defer the accumulated dividends/interest so they are of no use to US tax residents and are actually difficult to track for tax purposes. For those ...
by Hyperborea
Sat Sep 21, 2019 2:26 am
Forum: Personal Investments
Topic: Anyone here has more 200k in a single stock ?
Replies: 58
Views: 8904

Re: Anyone here has more 200k in a single stock ?

it's about 6% of my overall Equity/bond investment portfolio . I got over 130% gain from MSFT. It doesn't matter what you got; all that matters is what you'll get. Do you think you can analyze that and know? If so, then do what your analysis says. If not, you'd be better off holding some sort of br...
by Hyperborea
Sun Sep 15, 2019 6:52 pm
Forum: Non-US Investing
Topic: Not so happy in Denmark... individual stocks better than index funds? [US ex-pat]
Replies: 43
Views: 4107

Re: Not so happy in Denmark... individual stocks better than index funds? [US ex-pat]

Whatever option you do end up picking make sure that it will work out ok in the longer term. As a US citizen (worldwide taxation), you will likely not get any opportunity to sell your "temporary" Denmark residence portfolio and re-invest in a portfolio more optimized for your future location without...
by Hyperborea
Sun Sep 01, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for after getting high income
Replies: 46
Views: 6215

Re: Advice for after getting high income

A girlfriend would help with your spending deficit problem. A girlfriend is going to be difficult to find - or at least a genuine one is. That level of income will attract gold diggers. I know of a number of friends and acquaintances in the Bay Area who have been in that situation. The less flashy ...
by Hyperborea
Sun Sep 01, 2019 5:06 am
Forum: Personal Finance (Not Investing)
Topic: Living in the Bay Area, got an offer in LA: negotiation help wanted
Replies: 15
Views: 1847

Re: Living in the Bay Area, got an offer in LA: negotiation help wanted

I'll exclude the location because that's pretty much a personal choice. If you really want to work in the field or area that you would be doing with company A and IF , and it's a big if, the job at company A will give you some unique extra skillset that you can take to another employer (hopefully in...
by Hyperborea
Sat Aug 31, 2019 9:38 pm
Forum: Investing - Theory, News & General
Topic: Receiving $100K per year on a $2.5MM Portfolio
Replies: 35
Views: 7851

Re: Receiving $100K per year on a $2.5MM Portfolio

You are spending the return on the CDs which is generally only at about the rate of inflation. At 3% inflation your portfolio of CDs will be worth in real terms 75% of the current amount. So, even though the face value of those CDs still say $2.5M you have "spent" 25% of your capital. Hyperborea, I...
by Hyperborea
Sat Aug 31, 2019 6:17 pm
Forum: Investing - Theory, News & General
Topic: Receiving $100K per year on a $2.5MM Portfolio
Replies: 35
Views: 7851

Re: Receiving $100K per year on a $2.5MM Portfolio

Thanks to everyone! My goal would be to generate the income (I'm already close) without having to sell capital. Every time I would sell capital the income portion generated from that particular investment would go down a little. I've been doing CDs for some time but not all generate a monthly incom...
by Hyperborea
Fri Aug 30, 2019 10:48 pm
Forum: Personal Consumer Issues
Topic: Electric razors
Replies: 25
Views: 2121

Re: Electric razors

For foil type electric shavers I really like the Panasonic (Arc 4 series) that I have now. I had Braun ones for 20+ years and the Panasonic beats it hands down. It is a wet/dry model but that can be handy and it doesn't cost any more. I started with the rotary kind cause that's what my dad used but ...
by Hyperborea
Fri Aug 30, 2019 7:49 pm
Forum: Non-US Investing
Topic: How To Build an All Value Portfolio Based on ETFs for European Investors
Replies: 14
Views: 1503

Re: How To Build an All Value Portfolio Based on ETFs for European Investors

The only problem I see is the bet on China economy which from my perspective is a losing bet. I was in Beijing years ago and I was deeply confused by the exchange rates and how value was perceived in general and when I heard that the rate is set by the government it was a sign that at the core ther...
by Hyperborea
Thu Aug 29, 2019 9:34 am
Forum: Personal Investments
Topic: 3.7 ml and 60/40. Retiring 10/2020. AA 60/40 but 0 Treasuries
Replies: 28
Views: 3322

Re: 3.7 ml and 60/40. Retiring 10/2020. AA 60/40 but 0 Treasuries

I'll echo the comments that your withdrawal rate is very low. As long as that $80K includes taxes and you don't have any immediate plans for large purchases (in the $100K range - boats, RVs, cottage, etc) then you could really consider spending more. A 3% withdrawal would be $111K and 3.5% would be ...
by Hyperborea
Mon Aug 26, 2019 5:25 pm
Forum: Investing - Theory, News & General
Topic: Retirement Expenses Rule of Thumb
Replies: 51
Views: 4306

Re: Retirement Expenses Rule of Thumb

I'm 25 yes but planning to retire within 10-15 years. That's far enough that I can't figure out exactly what I want to do, but close enough that I want to get a sense of the expenses. Some say that retirement is a mindset, so all you have to do is change your mindset and *poof* you are retired! No ...
by Hyperborea
Sun Aug 25, 2019 4:53 am
Forum: Non-US Investing
Topic: Strategy to move US-based funds to Ireland from a country with capital gains tax
Replies: 8
Views: 763

Re: Strategy to move US-based funds to Ireland from a country with capital gains tax

Would your advice be any different if it were $500k instead of $50k? $20K of gain on the $50K isn't worth the cost of moving to a no tax locale even if you paid 100% tax on the gain. With the same gain on $500K that's $200K of gain. That might very well be worth doing some locale shopping. It would...
by Hyperborea
Thu Aug 22, 2019 2:12 am
Forum: Personal Investments
Topic: Potential for Stock Option Excise in Japan, US Resident
Replies: 2
Views: 217

Re: Potential for Stock Option Excise in Japan, US Resident

It may not be that different from getting US stock options as a US resident. The capital gain is likely only taxable in the US since most tax treaties (Japan-US treaty included) gives the right to tax capital gains to the country of residence of the tax payer. Unless the company is going to do somet...
by Hyperborea
Wed Aug 21, 2019 6:06 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 306
Views: 45369

Re: Anyone disenchanted with retirement?

I don't know how to say it any more clearly than this: everyday is Saturday. It's better than that. It's 5 days of a mid-week day off - the stores aren't crowded, the roads are more empty, everything's slower than the rush on Saturday when those working are trying to fit in all the small tasks and ...
by Hyperborea
Tue Aug 13, 2019 7:16 pm
Forum: Non-US Investing
Topic: Foreign Earned Income Exemption and U.S. 401k?
Replies: 24
Views: 1538

Re: Foreign Earned Income Exemption and U.S. 401k?

So I'll still need to contact a tax professional to advise on the situation, but from HR and other employees it sounds like contributing to 401k PRE TAX is OK up to the $19k limit, since it's FEIE tax exempt going in and would be taxed going out anyways. Even if you can contribute to it and it's pr...
by Hyperborea
Mon Aug 12, 2019 6:05 pm
Forum: Personal Investments
Topic: Life insurance, is it a good deal?
Replies: 35
Views: 1731

Re: Life insurance, is it a good deal?

So my father's friend (female, 55yo) is looking to invest some money to leave to her child. The deal she got is that she pays $100K per year for the next 5 years, and the total death benefit is $2.5M up until she is 104 yo, and grows at about 3% per year after that, until she's 120 yo then the deat...
by Hyperborea
Mon Aug 12, 2019 5:14 pm
Forum: Personal Investments
Topic: Life insurance, is it a good deal?
Replies: 35
Views: 1731

Re: Life insurance, is it a good deal?

Edit : The $500K she's looking to invest is an inheritance she recently received that she wishes to pass down. She probably doesn't need it for her retirement. She is not a US resident but she prefers to invest the money in the US. Some of the alternate suggestions given to invest in US domiciled f...
by Hyperborea
Mon Aug 12, 2019 9:15 am
Forum: Non-US Investing
Topic: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs
Replies: 7
Views: 454

Re: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs

Is Irish domiciled ETFs via IB still objectively better? Or should go for US domiciled ETFs via TD until my holdings exempt me from IB's $10 minimum "charge"? No idea where you are located so this might not matter but in many locations when you sell stocks you pay tax on the capital gains. When/if ...
by Hyperborea
Mon Jul 29, 2019 7:08 am
Forum: Non-US Investing
Topic: Is it better for Chinese Citizens to buy VT or VWRD?
Replies: 6
Views: 690

Re: Is it better for Chinese Citizens to buy VT or VWRD?

I'll note that the OP needs to be careful that it's not citizenship but residency that matters. If you are a Chinese citizen but resident in Japan then you are under the Japanese-US tax treaty and not the Chinese-US tax treaty. If you are a resident in a country where you don't plan to remain for a ...
by Hyperborea
Thu Jul 25, 2019 5:52 pm
Forum: Non-US Investing
Topic: Sell home before of after moving to UK ... tax trap?
Replies: 4
Views: 438

Re: Sell home before of after moving to UK ... tax trap?

Are you sure that the gain is being calculated correctly? The IRS wants the dollar equivalent conversion at the time of each transaction and not just a dollar equivalent of the final number. So, you would, in the case of a foreign home for the IRS, convert the purchase price to dollars at the time o...
by Hyperborea
Mon Jul 22, 2019 7:47 am
Forum: Non-US Investing
Topic: Emerging Market allocation for UK-based investor
Replies: 11
Views: 780

Re: Emerging Market allocation for UK-based investor

The problem has been the size of China in the index, particularly Chinese internet stocks. Have not tracked that in the last few months - it definitely looked like a bubble to me (complex Chinese companies, unclear to what extent the stock price is false due to speculation and government restrictio...
by Hyperborea
Mon Jul 22, 2019 5:16 am
Forum: Non-US Investing
Topic: Financial risks while executing an international move
Replies: 5
Views: 706

Re: Financial risks while executing an international move

I would look into the implications of such a major sale (and potential capital gains) while being between two tax systems. I did something similar last year and made sure that I was a tax resident of the country where I sold the house at the time of the sale and for the rest of the year to capture a...
by Hyperborea
Mon Jul 22, 2019 5:12 am
Forum: Non-US Investing
Topic: Emerging Market allocation for UK-based investor
Replies: 11
Views: 780

Re: Emerging Market allocation for UK-based investor

The problem has been the size of China in the index, particularly Chinese internet stocks. Have not tracked that in the last few months - it definitely looked like a bubble to me (complex Chinese companies, unclear to what extent the stock price is false due to speculation and government restrictio...
by Hyperborea
Mon Jul 22, 2019 5:05 am
Forum: Non-US Investing
Topic: Canadian moving from US to Japan
Replies: 17
Views: 1791

Re: Canadian moving from US to Japan

I would think that bringing the assets into any Japanese brokerage account would be considered bringing the assets into Japan. Don't do that. I think we may have a fundamentally different understanding of how the Japanese tax system works with respect to IB accounts. When you open an IB account as ...
by Hyperborea
Sat Jul 20, 2019 6:35 pm
Forum: Non-US Investing
Topic: Fraction of Daily Volume? - How much to buy at one time?
Replies: 3
Views: 445

Fraction of Daily Volume? - How much to buy at one time?

I'm in a situation where I get a tax-free "do-over" on all my investments. I can sell them all without incurring capital gains and then buy new investments. I am a non-US resident with US domiciled stocks and ETFs that I will sell. I am then planning to buy a pretty basic 3 fund equity ETF portfolio...
by Hyperborea
Sat Jul 20, 2019 6:13 pm
Forum: Non-US Investing
Topic: Canadian moving from US to Japan
Replies: 17
Views: 1791

Re: Canadian moving from US to Japan

Yes, move the Vanguard assets to someplace else - I'd recommend Interactive Brokers. Do NOT sell them yet. Take up Japanese residency and do NOT bring the assets into Japan. If you do this then you get a 5 year window in which you don't have to pay Japanese taxes on these assets as long as the proc...
by Hyperborea
Sat Jul 20, 2019 5:58 pm
Forum: Non-US Investing
Topic: Canadian in Detroit - Maximize deduction
Replies: 4
Views: 406

Re: Canadian in Detroit - Maximize deduction

You didn't say but what you/he can do depends on whether he is a commuter or not - i.e. works in Detroit and lives in Windsor (Canadian city just across the border from Detroit). Also, if he is a resident in Detroit you/he needs to figure out whether he has sufficiently broken residential ties in Ca...
by Hyperborea
Fri Mar 08, 2019 4:36 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 200
Views: 17050

Re: Are Password Managers Really Necessary?

No. My tact is to keep all my passwords (13 pages worth) in a password protected office document with an innocuous title, like "Office Supplies". A hard-copy is kept in a high-end, fire resistant, safe. If I forget a password, it only takes a few seconds to open "Office Supplies" and search for the...
by Hyperborea
Wed Mar 06, 2019 5:15 pm
Forum: Non-US Investing
Topic: Does the US vs non-US market cap make sense?
Replies: 26
Views: 1871

Re: Does the US vs non-US market cap make sense?

? When I was in Libya & Syria (pre civil wars) I saw lots of Japanese cars and pickups, but no American cars (other than 1950s models). Or did you mean the Gulf States? I don't have the experience. Oman I think you run into a lot of Land Rovers (but more Toyota Landcruisers probably). Do Saudis sti...
by Hyperborea
Wed Mar 06, 2019 11:10 am
Forum: Non-US Investing
Topic: Does the US vs non-US market cap make sense?
Replies: 26
Views: 1871

Re: Does the US vs non-US market cap make sense?

You mention oil. The U.S. is now the largest producer in the world. Oops, apparently I got that one wrong. But like I said, it was just an impression. The U.S. still manages to produce the second most number of automobiles by country (China first) at 12,000,000 per year. They are mostly located and...
by Hyperborea
Sun Mar 03, 2019 5:09 pm
Forum: Non-US Investing
Topic: Vanguard in Europe [Portugal]
Replies: 6
Views: 785

Re: Vanguard in Europe [Portugal]

I was able to find a local investment bank that trades a Vanguard S&P500 ETF. However, they charge 14,95€ (~10€) for each transation. As was mentioned above consider using a total world index ETF rather than a US large cap ETF. That way you've got a single transaction to get broad world equity expo...
by Hyperborea
Sat Mar 02, 2019 3:39 am
Forum: Non-US Investing
Topic: Canadian moving from US to Japan
Replies: 17
Views: 1791

Re: Canadian moving from US to Japan

I re-checked sources to verify what I wrote earlier about Japanese tax residency status. I did indeed read what I wrote and I found the website that made it sound like intentions also mattered for determining tax residency status (link here: https://transferwise.com/gb/blog/income-tax-in-japan ). B...
by Hyperborea
Fri Mar 01, 2019 10:18 am
Forum: Non-US Investing
Topic: EU investor: any way to avoid punitive US estate tax on death?
Replies: 59
Views: 4879

Re: EU investor: any way to avoid punitive US estate tax on death?

No, publicly traded bonds ( of any duration ) ... are not "US situs property". Hmm. The part I put in italics above seems to conflict a little with this analysis. Nonresident aliens: U.S. estate tax on treasury bills. - Free Online Library One reason for the popularity of Treasury bills among nonre...
by Hyperborea
Fri Mar 01, 2019 10:09 am
Forum: Non-US Investing
Topic: Canadian moving from US to Japan
Replies: 17
Views: 1791

Re: Canadian moving from US to Japan

I would suggest checking in with an accountant and/or an attorney with expertise and experience in personal international taxation issues. Although Hyperbora is probably correct about how tax treaties affect withholding and tax rates, you'll want to ensure that the US recognizes you as a resident o...
by Hyperborea
Fri Mar 01, 2019 8:19 am
Forum: Non-US Investing
Topic: EU investor: any way to avoid punitive US estate tax on death?
Replies: 59
Views: 4879

Re: EU investor: any way to avoid punitive US estate tax on death?

Does that mean that direct US treasuries and FDIC insured CD still count as US assets and thus vulnerable to USA inheritance taxes? Or not? Taxes are weird everywhere but the US system is particularly weird. No, publicly traded bonds (of any duration) and CDs (or any money in a BANK account) are no...
by Hyperborea
Fri Mar 01, 2019 8:13 am
Forum: Non-US Investing
Topic: Canadian moving from US to Japan
Replies: 17
Views: 1791

Re: Canadian moving from US to Japan

I've sort of done what you are thinking about doing. I'm a Canadian who lived in the US and now lives in Japan. Yes, move the Vanguard assets to someplace else - I'd recommend Interactive Brokers. Do NOT sell them yet. Take up Japanese residency and do NOT bring the assets into Japan. If you do this...
by Hyperborea
Tue Feb 26, 2019 5:32 pm
Forum: Non-US Investing
Topic: EU investor: any way to avoid punitive US estate tax on death?
Replies: 59
Views: 4879

Re: EU investor: any way to avoid punitive US estate tax on death?

Sure.. liquidity and transactions costs are a concern. But for securities it's even worse You buy at $10 in US. You exit-tx when they are $20. You sell in your new country when they are $25. You had to pay taxes over $20-$10 and $25-$10. So double taxation just there (if I understood right) If you ...
by Hyperborea
Sat Feb 23, 2019 11:30 pm
Forum: Investing - Theory, News & General
Topic: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income
Replies: 115
Views: 8726

Re: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income

I'd be interested to know what those proposing a 90/10 barbell approach are using for the 10% super-risky high return investments that are available to normal mortal investors. Those returns need to be pretty darn high to counter the -1% to 1% range of expected long term inflation adjusted returns ...
by Hyperborea
Fri Feb 22, 2019 6:30 pm
Forum: Non-US Investing
Topic: EU investor: any way to avoid punitive US estate tax on death?
Replies: 59
Views: 4879

Re: EU investor: any way to avoid punitive US estate tax on death?

In regards to US exit (expatriation) taxes, while the individual limit is $2 million (not inflation adjusted either) a couple can directly leave with $4 million ($2 million each). The expatriation taxes are paid as an individual. If one spouse holds more than that then the excess can be gifted to th...
by Hyperborea
Thu Feb 21, 2019 10:23 am
Forum: Investing - Theory, News & General
Topic: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income
Replies: 115
Views: 8726

Re: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income

I'd be interested to know what those proposing a 90/10 barbell approach are using for the 10% super-risky high return investments that are available to normal mortal investors. Those returns need to be pretty darn high to counter the -1% to 1% range of expected long term inflation adjusted returns o...
by Hyperborea
Wed Feb 20, 2019 5:52 pm
Forum: Personal Investments
Topic: No emergency fund?
Replies: 51
Views: 4277

Re: No emergency fund?

How many of you don't have a separate EF and simply sell stocks/bonds when needed? I'm personally very conservative so I have 5% of my portfolio in cash as an EF but I realize it doesn't make a ton of sense... If you want an emergency fund then I'd suggest using a fixed dollar amount rather than as...
by Hyperborea
Wed Feb 20, 2019 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Advice on upgrading home in Bay Area
Replies: 12
Views: 1717

Re: Advice on upgrading home in Bay Area

Need more information on your financial situation to give you good advice. There is a third option - adding a second level to your current house. Seems to be all the rage among my Peninsula neighbors. Could also go down if zoning doesn't permit a second level. I've seen some awesome basements in th...
by Hyperborea
Mon Feb 18, 2019 5:24 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 518
Views: 69544

Re: Year 2000 retirees using the '4% rule' - Where are they now?

Would 5% of portfolio every December without inflation adjustment be a reasonable plan? Why not 6% or 7% of portfolio value? Like any variable plan, they are fine if you can handle the swings. Taking out 5- 6% generally leads to a growing portfolio over time(20+ years). The higher the withdrawal ni...
by Hyperborea
Mon Feb 18, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income
Replies: 115
Views: 8726

Re: Ruminations on Taleb's "Antifragile" and its Applications to Retirement Income

Probabilistic judgments should not be judged by their outcomes. If you forecast 60% probability of some calamity happening in the next 50 years, and the calamity does not happen, it does not mean that your forecast was wrong. It means that the State of Nature represents the 40% of your forecast. It...
by Hyperborea
Mon Feb 18, 2019 3:45 am
Forum: Non-US Investing
Topic: US W8-BEN - Must You File One?
Replies: 13
Views: 1222

Re: US W8-BEN - Must You File One?

I see in the other thread that Ted Swippet has been successful at keeping his Vanguard account but that's not been my experience (I called and spoke to a rep and I had a very large account including the 401k of a major corp) nor that of others I've heard from. I left the US over a decade ago. I won...
by Hyperborea
Mon Feb 18, 2019 3:32 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 518
Views: 69544

Re: Year 2000 retirees using the '4% rule' - Where are they now?

All of that being said, I do not advocate that anyone employ the '4% rule' as a withdrawal strategy. I believe that there are a number of superior withdrawal strategies. Which superior withdrawal strategies would you be referring to ? There are no superior withdrawal strategies in an absolute sense...