Search found 57 matches

by Tourne
Sat Sep 12, 2020 5:14 am
Forum: Personal Consumer Issues
Topic: Neccesities for a Man Cave
Replies: 51
Views: 3591

Re: Neccesities for a Man Cave

Sandtrap wrote: Fri Sep 11, 2020 3:50 pm A monster floor safe.

j :D
renter wrote: Sat Sep 12, 2020 1:30 am
a big safe
I guess all these safes must be for those who want to keep the physical gold portion of their portfolio handy :mrgreen:
by Tourne
Mon Sep 07, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any different financial considerations/rules for a childless couple?
Replies: 95
Views: 9652

Re: Are there any different financial considerations/rules for a childless couple?

A lot of good advice in this thread so far, in particular from "changingtimes". DW and I have also chosen not to have kids, with medical issues a significant part of the consideration. We're not yet retired, but are getting close to our financial independence/work optional goal. OP, I kno...
by Tourne
Mon Sep 07, 2020 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Are there any different financial considerations/rules for a childless couple?
Replies: 95
Views: 9652

Re: Are there any different financial considerations/rules for a childless couple?

A lot of good advice in this thread so far, in particular from "changingtimes". DW and I have also chosen not to have kids, with medical issues a significant part of the consideration. We're not yet retired, but are getting close to our financial independence/work optional goal. OP, I know...
by Tourne
Tue Sep 01, 2020 11:23 am
Forum: Personal Consumer Issues
Topic: Have any BHs reduced spending to retire sooner?
Replies: 34
Views: 1599

Re: Have any BHs reduced spending to retire sooner?

I've been modeling a retirement age of between 53 and 55 for nearly fifteen years now. What I mean is, my models and portfolio have consistently pointed to this age range since I was 32, am 47 now. Interestingly, it has not really changed as our expenses increased...because our salary has increased...
by Tourne
Tue Sep 01, 2020 10:23 am
Forum: Non-US Investing
Topic: TransferWise vs Schwab for EUR to USD recurring transfers
Replies: 37
Views: 2889

Re: TransferWise vs Schwab for EUR to USD recurring transfers

A bit tangential to your original question, but I have seen several posters cautious about using a transfer service (TW or Revolut) to make a direct transfer into a Schwab investment account. Schwab has informed all clients that any EU-based investors (regardless of whether you are temporary or not...
by Tourne
Tue Sep 01, 2020 9:58 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

@nirajn123, many thanks for the advice. I may switch to the accumulating funds in the ISA, just because there will be no capital gains calculations there. But I can certainly see the logic of keeping the distributing funds in the investment account. Thanks for the reply :beer
by Tourne
Tue Sep 01, 2020 7:36 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 296
Views: 20448

Re: What is your age and asset allocation ?

45/43 couple. 70% stocks/30% bonds, with the stocks split 62/38 US/International. 1 year living expenses in our emergency fund. We plan to retire in 5-10 years depending on how the health insurance situation evolves in the US. Our IPS calls for a glide to 60/40 at the time of retirement, then a retu...
by Tourne
Tue Sep 01, 2020 6:58 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

Thank you TedSwippet. As always, sound advice and good experience coming from you. Your posts have really helped me as I have tried to get up to speed on UK investing, so many thanks to you.
by Tourne
Tue Sep 01, 2020 4:35 am
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

Thanks, here is what I found in terms of time weighted spreads. VEVE - 0.17% VWRL - 0.12% SWDA - 0.09% Average volumes for VEVE on LSE are 512!! whereas for SWDA is 125K. But reading about this a bit more, I think I have got this wrong, there are authorised participants who provide sufficient liqui...
by Tourne
Mon Aug 31, 2020 1:28 pm
Forum: Non-US Investing
Topic: TransferWise vs Schwab for EUR to USD recurring transfers
Replies: 37
Views: 2889

Re: TransferWise vs Schwab for EUR to USD recurring transfers

A bit tangential to your original question, but I have seen several posters cautious about using a transfer service (TW or Revolut) to make a direct transfer into a Schwab investment account. Schwab has informed all clients that any EU-based investors (regardless of whether you are temporary or not)...
by Tourne
Wed Aug 26, 2020 2:26 pm
Forum: Personal Consumer Issues
Topic: Effective Brands of Melatonin
Replies: 15
Views: 1385

Re: Effective Brands of Melatonin

I would actually recommend you spend your money on a good sleep therapist. One of the first things mine said to me is “How would you feel about getting off the melatonin?” I’ve never looked back, and have never slept better.
by Tourne
Wed Aug 26, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Finding balance in life: When do you let up off the gas?
Replies: 105
Views: 9794

Re: Finding balance in life: When do you let up off the gas?

As others have said, you have the saving/investment side down pat, but you don’t seem to have done as much thinking about the non-monetary “What is it for?” side of the equation. I would really recommend reading “Work Optional: Retire Early the Non-Penny Pinching Way” by Tanja Hester. In particular,...
by Tourne
Sat Aug 22, 2020 12:05 pm
Forum: Non-US Investing
Topic: UK - What is your choice of equity funds
Replies: 19
Views: 1098

Re: UK - What is your choice of equity funds

Thanks, here is what I found in terms of time weighted spreads. VEVE - 0.17% VWRL - 0.12% SWDA - 0.09% Average volumes for VEVE on LSE are 512!! whereas for SWDA is 125K. But reading about this a bit more, I think I have got this wrong, there are authorised participants who provide sufficient liqui...
by Tourne
Wed Jul 22, 2020 9:22 am
Forum: Non-US Investing
Topic: Seeking a US expat Friendly stock broker
Replies: 16
Views: 1375

Re: Seeking a US expat Freindly stock broker

Many people on this board recommend Interactive Brokers, and the list on their website says they accept investors living in Thailand. https://www.interactivebrokers.com/en/index.php?f=7021 Most US-based brokers (including Vanguard, alas) are unwilling to take US expat clients (too much paperwork), w...
by Tourne
Mon Jun 15, 2020 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much do I need to save for early retirement? (math problem)
Replies: 20
Views: 1938

Re: How much do I need to save for early retirement? (math problem)

When I was first starting out, I found "The Bogleheads Guide to Investing", Chapter 6 ('How Much Do You Need to Save?') really helpful in approaching this problem. That gave me the foundation that I needed to start building my spreadsheet.
by Tourne
Wed May 13, 2020 2:45 am
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9917

Re: Turning 30. Living 30s without regrets

Don't forget about physical health. The demands of a young family and a career, plus a slowing metabolism, make it easy to put on 15-20 pounds in your 30s. Keep that weight off and it will make it a lot easier to stay/get back into shape in your 40s when you start thinking about your long-term healt...
by Tourne
Tue Apr 14, 2020 12:03 pm
Forum: Non-US Investing
Topic: No need to invest for Europeans?
Replies: 119
Views: 6692

Re: No need to invest for Europeans?

In many European countries, it is important to have a certain amount of emergency money available to pay for private health care, rather than waiting for the state health care system to provide you with the scan/procedure that you need. State-sponsored health-care is wonderful, but not when you have...
by Tourne
Thu Apr 02, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: College choice dilemma
Replies: 167
Views: 8911

Re: College choice dilemma

+1 ^^^ More information is needed if OP wants to get better advice. Princeton has one of the most generous financial aid programs in the country. About 15 years ago, the school found that it was losing a lot of great students (especially those from the middle and upper middle class) to other schools...
by Tourne
Sat Feb 08, 2020 1:51 pm
Forum: Investing - Theory, News & General
Topic: What is the highest expense ratio you willingly pay?
Replies: 123
Views: 8769

Re: What is the highest expense ratio you willingly pay?

ducklake wrote: Sat Feb 08, 2020 11:04 am 23 Mutual Funds with weighted ER 0.07% (min = 0.015%, median = 0.05% , max = 0.39%).
23?! That must be one heck of a spreadsheet! :shock:
by Tourne
Sat Feb 08, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: What is the highest expense ratio you willingly pay?
Replies: 123
Views: 8769

Re: What is the highest expense ratio you willingly pay?

MFS International Intrinsic Value - MINIX - at 0.73% It is a legacy fund from my time with a high-cost advisor (who was charging 1.75% AUM :oops: - we all make mistakes) Since I left the advisor in 2017, I have been looking for a cheaper international fund that can match the performance of MINIX, an...
by Tourne
Sat Dec 21, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: Next Level Move that made the difference
Replies: 51
Views: 5191

Re: Next Level Move that made the difference

For me, the biggest game changer was investing in my management skills. I did this in the same way most people come to the BH philosophy of investing - through reading the right books and finding the right online resources. I work in the civilian government sector, and there is virtually no formal t...
by Tourne
Mon Sep 16, 2019 1:21 pm
Forum: Non-US Investing
Topic: UK - Helping an older relative - Account Review
Replies: 12
Views: 866

Re: UK - Helping an older relative - Account Review

Many thanks to all of you. Lots of good points in here. I will go for the income shares at Fidelity, and look to add a bit of EM exposure. Also interesting to think about increasing equity exposure if she doesn’t need to draw on the funds for the next few years. As always, the BH community is really...
by Tourne
Sun Sep 15, 2019 2:39 pm
Forum: Non-US Investing
Topic: UK - Helping an older relative - Account Review
Replies: 12
Views: 866

Re: UK - Helping an older relative - Account Review

Great. Many thanks to you both. TedSwippet, my thought on the accumulating shares in the taxable account was that the capital gains threshold is higher than the annual allowance for dividends. I take it from your comment that income shares are better in the taxable account?

Many thanks,
Tourne
by Tourne
Sun Sep 15, 2019 11:15 am
Forum: Non-US Investing
Topic: UK - Helping an older relative - Account Review
Replies: 12
Views: 866

UK - Helping an older relative - Account Review

I am helping an older relative in the UK move away from her high-cost adviser. I will be managing her account for her using the Interactive Investor platform. While the basics of UK investing are very helpfully laid out in the BH Wiki, I just wanted to get a quick status check from those with more U...
by Tourne
Sun Sep 01, 2019 1:38 am
Forum: Investing - Theory, News & General
Topic: Providing information when opening a new brokerage account
Replies: 6
Views: 741

Re: Providing information when opening a new brokerage account

Many thank, folks. That is all very helpful information.
by Tourne
Sat Aug 31, 2019 1:54 pm
Forum: Investing - Theory, News & General
Topic: Providing information when opening a new brokerage account
Replies: 6
Views: 741

Re: Providing information when opening a new brokerage account

Ok, I get that. But has anybody out there ever actually had a broker call your employer to verify employment?
by Tourne
Sat Aug 31, 2019 1:26 am
Forum: Investing - Theory, News & General
Topic: Providing information when opening a new brokerage account
Replies: 6
Views: 741

Providing information when opening a new brokerage account

A few weeks ago there was a thread on why brokerage firms need to ask for personal information when you are opening an account.( https://www.bogleheads.org/forum/viewtopic.php?t=287613 ) SSN, address, and phone, I understand, but also net worth, income, and employer name and address. It seems that f...
by Tourne
Thu Aug 15, 2019 12:02 pm
Forum: Non-US Investing
Topic: Schwab - U.S. ETFs and ETNs restrictions as of September 19
Replies: 36
Views: 5030

Re: Schwab - U.S. ETFs and ETNs restrictions as of September 19

Interesting. Thanks for the reply.
by Tourne
Thu Aug 15, 2019 11:11 am
Forum: Non-US Investing
Topic: Schwab - U.S. ETFs and ETNs restrictions as of September 19
Replies: 36
Views: 5030

Re: Schwab - U.S. ETFs and ETNs restrictions as of September 19

But at least so far, US fund providers have elected not to, presumably for commercial reasons. By commercial reasons, do you mean they won't spend the money to write a Key Information Document, or they would rather non-US investors invest in their UCITS, which have higher ERs for the most part? I'm...
by Tourne
Thu Aug 15, 2019 8:12 am
Forum: Non-US Investing
Topic: Schwab - U.S. ETFs and ETNs restrictions as of September 19
Replies: 36
Views: 5030

Re: Schwab - U.S. ETFs and ETNs restrictions as of September 19

According to reports, Interactive Brokers and TD Ameritrade have already implemented the same restrictions. It's a lousy time to be a US citizen living outside the US in the EU, isn't it? Can I ask, for those using Interactive Brokers or TD Ameritrade, how has the change affected you? What are you/...
by Tourne
Thu Aug 15, 2019 8:07 am
Forum: Non-US Investing
Topic: Schwab - U.S. ETFs and ETNs restrictions as of September 19
Replies: 36
Views: 5030

Re: Schwab - U.S. ETFs and ETNs restrictions as of September 19

I called the Schwab international trading desk yesterday, and the situation is just as awesome as advertised. :annoyed No more purchase or dividend reinvestment for US-based ETFs. Schwab will begin offering UCITS funds on 19 September. To be honest, I'm not sure how they are getting around the PFIC ...
by Tourne
Sun Aug 11, 2019 11:24 am
Forum: Non-US Investing
Topic: UK - Why is Vanguard Lifestrategy Fund so much more complicated than in the US?
Replies: 5
Views: 608

UK - Why is Vanguard Lifestrategy Fund so much more complicated than in the US?

In the US, Vanguard's LifeStrategy Conservative Growth (40/60) has the following four funds: Vanguard Total Bond Market II Index Fund Investor Shares (VTBIX) - 41.80% Vanguard Total Stock Market Index Fund Investor Shares (VTSMX) - 24.30% Vanguard Total International Bond Index Fund (VTIBX) - 17.80%...
by Tourne
Sun Aug 11, 2019 10:57 am
Forum: Non-US Investing
Topic: UK - Best boglehead 100% global equity unit trusts
Replies: 14
Views: 883

Re: UK - Best boglehead 100% global equity unit trusts

Many thanks to you both for taking the time to update the wiki! I'm in the process of helping my UK-based mother-in-law move away from her high-cost adviser, so the updated information is helpful. It's a bit like learning to be a Boglehead all over again. :D
by Tourne
Mon Apr 29, 2019 3:20 pm
Forum: Non-US Investing
Topic: Anyone familiar with Irish/US tax law for dual Irish/American citizen couple retiring in Ireland?
Replies: 14
Views: 1605

Re: Anyone familiar with Irish/US tax law for dual Irish/American citizen couple retiring in Ireland?

My wife and I are in our mid 40's and planning to retire in approximately 15-17 years to Ireland where she is from. Both of us are dual American and Irish citizens and while it is still some time away, we are reviewing our retirement plan to figure out projected income and after researching online ...
by Tourne
Mon Apr 29, 2019 3:07 pm
Forum: Non-US Investing
Topic: Anyone familiar with Irish/US tax law for dual Irish/American citizen couple retiring in Ireland?
Replies: 14
Views: 1605

Re: Anyone familiar with Irish/US tax law for dual Irish/American citizen couple retiring in Ireland?

Because of PFIC rules US citizens must hold funds that are not US-domiciled. However EU PIRR (?)/ Mifid II rules mean that European brokers basically cannot sell you American funds or ETFs (because the key required information is not available for those funds). So you can be stuck unable to buy US ...
by Tourne
Mon Apr 29, 2019 1:55 pm
Forum: Investing - Theory, News & General
Topic: WSJ--How Schwab Ate Wall Street
Replies: 82
Views: 11042

Re: Schwab article in WSJ today

[moved this post and a reply into the existing topic - moderator prudent] I would be curious to here comments from Bogleheads that use Schwab. Do they push higher cost products on clients who are not financially savvy. As I approach retirement, I want my wife to have access to an advisor if I am un...
by Tourne
Tue Jan 01, 2019 3:15 pm
Forum: Personal Consumer Issues
Topic: Save expired passports?
Replies: 26
Views: 2354

Re: Save expired passports?

Some countries will ask for dates of previous visas. If you ever need a US security clearance (including for contract work), they will want a record of all foreign travel (how far back you have to go depends on the level of the clearance). I keep all of mine with my other records, and on rainy winte...
by Tourne
Tue Jan 01, 2019 2:24 pm
Forum: Personal Investments
Topic: Ready to break up with financial advisors (yes, plural)
Replies: 14
Views: 2145

Re: Ready to break up with financial advisors (yes, plural)

LetsBeFrank, Congrats! You’ve taken your first steps toward freeing yourself from high-cost financial advisors. Others on this board will be better placed than me to advise you on your asset allocation (I still consider myself in the toddler stage as far as Bogleheading is concerned). But as someone...
by Tourne
Sat Dec 29, 2018 5:54 pm
Forum: Non-US Investing
Topic: Minimizing currency exchange costs
Replies: 5
Views: 599

Re: Minimizing currency exchange costs

I agree with storamin. Unless you are an expat American, or plan to move to the US, or do not have good brokerage options in your home country, it doesn’t really make sense to invest through a US brokerage firm. The taxation gets complicated quickly, and should you die (hopefully not a likely scenar...
by Tourne
Wed Dec 26, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Chasing For Yield Fails
Replies: 5
Views: 779

Re: Larry Swedroe: Why Chasing For Yield Fails

Dave, thanks for the clarification. It’s clear now. I just wanted to make sure that I wasn’t reading that incorrectly. Thanks again for linking to the article.

-Tourne
by Tourne
Wed Dec 26, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Chasing For Yield Fails
Replies: 5
Views: 779

Re: Larry Swedroe: Why Chasing For Yield Fails

Thanks for posting. Very interesting reading. Sorry if this is a “noob question”, but in the article Mr. Swedroe seems to refer to REITs as part of the fixed income portion of the portfolio: “ Another way to increase yield is in equity investments, such as stocks with a high dividend yield, real est...
by Tourne
Wed Dec 26, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: What have you learned this year
Replies: 90
Views: 7794

Re: What have your learned this year

Financial: 18 months after getting rid of my financial advisor and striking out on my own, I’m comfortable with my asset allocation (70/30) during the first real downturn (whew!). Personal: I should have bought myself that new set of golf clubs sooner. DW and I have been focused on increasing our sa...
by Tourne
Wed Dec 26, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 150
Views: 22114

Re: Larry Swedroe: Be Prepared For Losses

Dave, thanks for bumping this thread. I’m sad I missed it the first time around in October. We started with an interesting article from Swedroe on understanding sequence of returns, then quickly moved to the volume of safe deposit boxes, then on to survivalist strategies for getting gold and diamond...
by Tourne
Tue Dec 25, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Help Me Think About the Future: How Do You Know When Your Risk Tolerance Changes?
Replies: 37
Views: 2680

Re: Help Me Think About the Future: How Do You Know When Your Risk Tolerance Changes?

CheChe, Two events caused me to have a good hard think about my risk tolerance: 1) Getting tenure at my job 2) Deciding with my then girlfriend (now wife) that we were not going to have children In both cases, I decided I was comfortable increasing my risk level to aim for early financial independen...
by Tourne
Sun Dec 23, 2018 6:16 am
Forum: Non-US Investing
Topic: An European who invested in US ETFs using TD Ameritrade
Replies: 7
Views: 1677

Re: An European who invested in US ETFs using TD Ameritrade

Schwab is still willing to open accounts for Europe-based investors, and will help you through the process (hold your hand) a bit more than Interactive Brokers. But there’s no getting around the $60k limit, above which your heirs will get whacked on tax if you pass away. Given the increasing number ...
by Tourne
Wed Oct 10, 2018 3:20 pm
Forum: Personal Investments
Topic: Emotions when switching from being long time stock picker over to a more Boglehead approach
Replies: 20
Views: 2234

Re: Emotions when switching from being long time stock picker over to a more Boglehead approach

Perhaps get your investment "fix" here. Continue learning. Help others. +1 While I was never an overly active investor (I let my high-priced advisor make the mistakes for me :oops: ), now that I am on my own, the temptation to question my asset allocation is always there. Whenever that te...
by Tourne
Mon Sep 17, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 7958

Re: Is there such thing as saving TOO much?

I’m glad that you included travel on the list of things on which you’re spending your money. There are a lot of trips (out West) that you can take now while you are young and have the energy, which you might not be able to take or will have to put off when family responsibilities start to encroach....
by Tourne
Mon Sep 17, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 7958

Re: Is there such thing as saving TOO much?

I’m glad that you included travel on the list of things on which you’re spending your money. There are a lot of trips (out West) that you can take now while you are young and have the energy, which you might not be able to take or will have to put off when family responsibilities start to encroach. ...