Search found 18 matches

by InnocentAbroad
Fri May 24, 2019 2:00 am
Forum: Non-US Investing
Topic: [Wiki] Bond ETF Non US resident withholding tax
Replies: 28
Views: 2372

Re: [Wiki] Bond ETF Non US resident withholding tax

I am a non-resident alien (NRA) for US tax purposes, living in a country with a US tax treaty. My experience last year with BND (Vanguard Total Bond Market ETF) held at Interactive Brokers (IB) was that the dividend payments had withholding taken at the treaty rate specified on my W8BEN. Then, earli...
by InnocentAbroad
Wed Mar 13, 2019 11:20 am
Forum: Non-US Investing
Topic: Help to build a three fund portfolio with non-US ETF
Replies: 21
Views: 4667

Re: Help to build a three fund portfolio with non-US ETF

Hi adraywin, sorry to crash your thread, but I'm in a somewhat similar scenario (european living in HK using an IB account) and wanted to ask if you did some research on whether IB HK allows you to keep your account or they force you to move it when you leave Hong Kong? I asked 2 guys at IB: first ...
by InnocentAbroad
Sat Mar 09, 2019 4:17 am
Forum: Personal Finance (Not Investing)
Topic: How much does owning vehicles (cost/month)
Replies: 53
Views: 4240

Re: How much does owning vehicles (cost/month)

I ran an old beater for a while. The monthly costs came out something like this.

TOTAL: $540
Vehicle cost and maintenance to keep it running: $250
Fuel: $210
Insurance: $50
Tax/licensing: $30

That car had gremlins, hence the high maintenance. Was glad to part with it.
by InnocentAbroad
Sat Mar 09, 2019 3:52 am
Forum: Personal Investments
Topic: Tax on bond ETFs: are they treated as bond or stock?
Replies: 13
Views: 1871

Re: Tax on bond ETFs: are they treated as bond or stock?

New information on my US bond fund non-resident withholding test. Interactive Brokers (IB) recently refunded some of the withholding that they made on dividends last year. I asked them about it and was informed that part of the distribution made by BND (Vanguard Total Bond Market Index Fund) had bee...
by InnocentAbroad
Sat Jul 07, 2018 5:28 am
Forum: Personal Investments
Topic: Tax on bond ETFs: are they treated as bond or stock?
Replies: 13
Views: 1871

Re: Tax on bond ETFs: are they treated as bond or stock?

Adding another data point: I am US nonresident alien (NRA) without a tax-treaty. My understanding (which may well be faulty) is that the withholding rate for my US-sourced dividend income is 30%, but interest income (such as bank accounts and bonds) is 0%. To test how Interactive Brokers dealt with ...
by InnocentAbroad
Sun May 13, 2018 7:26 am
Forum: Non-US Investing
Topic: [NRA] moving to [Japan] - how to change portfolio?
Replies: 2
Views: 406

[NRA] moving to [Japan] - how to change portfolio?

Thanks to a new job opportunity I have been looking into how to adapt my portfolio when moving to another country. The situation is that I am a non-resident alien (NRA) for US purposes, moving from a country with no USA tax-treaty (30% withholding) to Japan, which has tax treaty granting 10% withhol...
by InnocentAbroad
Sat May 12, 2018 9:51 am
Forum: Non-US Investing
Topic: Singapore-based British Expat Looking for Advice on New ETF Portfolio
Replies: 12
Views: 1745

Re: Singapore-based British Expat Looking for Advice on New ETF Portfolio

My situation is not too dissimilar to yours (UK expat); in case it helps I'll share my portfolio. I am a rookie investor, starting around a year ago, so treat my thoughts as such. The funds I chose to were: Equity Vanguard FTSE All-World UCITS ETF (VWRL) [0.25% ER] Bonds iShares US Aggregate Bond UC...
by InnocentAbroad
Fri Mar 23, 2018 8:20 am
Forum: Personal Investments
Topic: Any Recent investors here?
Replies: 43
Views: 3563

Re: Any Recent investors here?

I've been investing for less than a year and the last purchase I made was at the end of January. I wasn't thrilled when the price dropped shortly after I bought them, so I keep in mind the story of "Bob, The World’s Worst Market Timer" and not worry about it. Overall right now, my bonds are down 6% ...
by InnocentAbroad
Thu Mar 22, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: I’m looking for a word...
Replies: 114
Views: 11921

Re: I’m looking for a word...

In physics there is the Observer Effect, whereby the act of measuring something influences the result. There is something similar for human behavioural studies, called the Hawthorne Effect. The idea is that people change their behaviour when they know the are being monitored. There is also Reflexivi...
by InnocentAbroad
Fri Mar 09, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Best Mac budgeting and finance tool?
Replies: 16
Views: 2212

Re: Best Mac budgeting and finance tool?

I've been using the open-source free accounting program GNUCash since Jan. 1st. I like the simplicity of it compared to Quicken which I still use alongside it for the time being. I haven't tried the budgeting feature but I think it might be worth a try. Also, it doesn't link to banks, etc. https://...
by InnocentAbroad
Mon Feb 05, 2018 9:28 am
Forum: Personal Investments
Topic: Today was a Really Bad Day
Replies: 278
Views: 52578

Re: Today was a Really Bad Day

I've been DCAing into the market over the past year. My IPS says to put a big chunk of cash into the market at the end of January. I'm feeling a twinge of regret because I actually made this purchase a couple of week early, when I had spare time to visit to the bank. Now I am missing out this "sale"...
by InnocentAbroad
Tue Dec 19, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 102
Views: 29208

Re: Tracking progress to $1M portfolio and no mortgage by 40

I'm going to throw my hat in the ring for the $1M by 40 challenge. What I'd really like £1M, but, baring a large miracle, that is out of reach. Alas I did not find this forum 10 years ago! I'm a bit behind the curve compared to some in this thread, but a quick back-of-the-envelope calculation shows ...
by InnocentAbroad
Tue Dec 19, 2017 9:13 am
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 22967

Re: Buying Real Silver and Gold (Not Bitcoin)

If you want to buy a few coins in case of the zombie apocalypse knock yourself. But to have any meaningful impact on your portfolio you’d have to buy a lot and then store it somewhere safe which in my mind is a PITA. Seems to me if civilization has collapsed then if you toss out silver or gold coin...
by InnocentAbroad
Sat Sep 16, 2017 12:16 pm
Forum: Personal Consumer Issues
Topic: Someone set up PayPal account using my email...
Replies: 35
Views: 5771

Re: Someone set up PayPal account using my email...

Similar thing happen to me many years back. There is no option in the confirmation email to say that it is the wrong address. Trying to get in touch with PayPal customer service was difficult, and it was absolutely abysmal once I got through to someone. I felt uncomfortable getting personal informat...
by InnocentAbroad
Sun Jun 25, 2017 10:06 am
Forum: Non-US Investing
Topic: [UK expat] sanity check first portfolio
Replies: 5
Views: 1306

Re: [UK expat] sanity check first portfolio

Thank you again for the clear advice, Valuethinker; it was really useful.
I raise a glass to you :beer.
by InnocentAbroad
Wed Jun 21, 2017 10:40 am
Forum: Non-US Investing
Topic: [UK expat] sanity check first portfolio
Replies: 5
Views: 1306

Re: [UK expat] sanity check first portfolio

Ted Swippet and ValueThinker, many thanks. Your replies are informative and much appreciated. I have some follow-up questions. You mention not to forget emerging markets. According to the prospectus, VWRL/VWRD has about 8% in emerging markets, which I guess is the global ratio. What that fund does l...
by InnocentAbroad
Wed Jun 21, 2017 8:12 am
Forum: Non-US Investing
Topic: Credit card for expat
Replies: 27
Views: 4363

Re: Credit card for expat

To reinforce what Carls said, credit cards are not very popular in the Netherlands; don't expect them to be widely accepted. The supermarkets will not take them, for example, and if you want a train ticket you'll have to queue at customer service and pay a surcharge rather than use the automatic kio...
by InnocentAbroad
Sun Jun 18, 2017 7:06 am
Forum: Non-US Investing
Topic: [UK expat] sanity check first portfolio
Replies: 5
Views: 1306

[UK expat] sanity check first portfolio

I made a New Year's resolution to start investing. Actually, it has been several years in a row since I first made that resolution. This year I discovered Bogleheads and I appreciate the logic and simplicity to the investing philosophy. Since then, I have been trying to educate myself from the wiki ...