Search found 19 matches

by jw50
Fri Jul 26, 2019 12:21 pm
Forum: Non-US Investing
Topic: UK - please help with my portfolio
Replies: 8
Views: 715

Re: UK - please help with my portfolio

Just had a quick look at your finances. Taking it at face value. You need both income protection and term life insurance. You do not quite have enough if bad thing happen unless your wife is prepared to go back to work! You can always review your finance again in 5 years. Do the basics well first be...
by jw50
Thu Jun 14, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 12694

Re: Timeshare ever worth it? Please share details

Two caution (UK situation):
-you might not be able to sell
-you might be stuck with annual charge forever (death might not be the end, your heir may be settled with the continual liability)
by jw50
Tue Jun 12, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Dissolving Ric-E Trust
Replies: 56
Views: 7835

Re: Dissolving Ric-E Trust

Thought Ric is one of the good guys!

Really disappointed with the excessive fee.
by jw50
Fri Apr 27, 2018 5:26 am
Forum: Non-US Investing
Topic: UK resident: VPL or VAPX/VJPN?
Replies: 8
Views: 656

Re: UK resident: VPL or VAPX/VJPN?

I assume you are buying the ETFs outside any tax wrapper, (ISA or SIPP) In that case any US ETF's (non UK reporting status) capital gain is taxed as income! Also I assume you are not an US citizen? If you are, you are stuck between 2 tax systems, US and UK, and might need to own individual shares in...
by jw50
Mon Mar 26, 2018 2:41 am
Forum: Investing - Theory, News & General
Topic: DFA Funds Direct Access w/o Advisor ? John Hancock
Replies: 16
Views: 3089

Re: DFA Funds Direct Access w/o Advisor ? John Hancock

UK investor. Been following the Dimensional brand for many years. Looking at the relative records of multi asset Dimensional funds and Vanguard funds available to UK investors over the last 5 years, they are virtually identical. Therefore I find it difficult to justify the 0.5% additional fee to acc...
by jw50
Mon Feb 12, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Should I use margin to buy a balanced fund?
Replies: 930
Views: 240498

Re: Should I use margin to buy a balanced fund?

Too many posts to read through. For simpleton like me, the two main considerations are: -the differential between the expected return and the margin interest rate -the potential of margin call, been a forced seller Therefore I will have only stocks in the portion of my portfolio bought with margin; ...
by jw50
Thu Jan 04, 2018 2:47 pm
Forum: Personal Investments
Topic: Comparing advisor's performance against VTI?
Replies: 6
Views: 909

Re: Comparing advisor's performance against VTI?

Some suggestions to consider. By all means compare performance, but its only one measure and probably not the most important one to judge whether a financial advisor is good! First of all, whether you need an advisor depends you whether you got the desire, time and knowledge/temperment DIY. A good f...
by jw50
Thu Jan 04, 2018 6:48 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 233
Views: 32788

Re: Hitting The Sell Button

I write down my rules of investing: -investment goal -asset allocation -globally diversified portfolio -minimise charges -minimise tax -rebalance I regularly go back to it. Its useful to have another person to keep you honest (possibly the value add of a good financial advisor). Since I am too cheap...
by jw50
Tue Jan 02, 2018 2:44 am
Forum: Personal Investments
Topic: Problems with EJ (Is anyone surprised?) [Edward Jones]
Replies: 30
Views: 5562

Re: Problems with EJ (Is anyone surprised?) [Edward Jones]

Best protection against been over charged: -self education -keep it simple -deal with business with culture of giving its customers a fair deal, Vanguard. -deal with financial advisor up hold the fiduciary standard, Vanguard. Since you are prepared to pay a fair fee for some good solid advice and do...
by jw50
Wed Nov 15, 2017 2:22 pm
Forum: Non-US Investing
Topic: Best option for large foreign currency transfer
Replies: 35
Views: 3874

Re: Best option for large foreign currency transfer

Interactivebrokers offer 3 different trading screens:
-trader work station TWS (complex)
-webtrader (intermediate)
-quick trade (simple)

TWS is designed for someone with a degree in rocket science!

I personally use webtrader which is more than I need for forex and shares/ETF trading.
by jw50
Sat Nov 11, 2017 4:51 am
Forum: Personal Finance (Not Investing)
Topic: margin loan interest and HMRC (UK tax)
Replies: 0
Views: 291

margin loan interest and HMRC (UK tax)

Can anybody clarify margin loan interest and UK tax treatment. Some stock brokers offer margin loan, one in particular offer an interest rate of less than 2%! I just wonder what is HMRC's position with respect to margin loan interest. For example, If I buy a FTSE 100 company share which I have NO co...
by jw50
Fri Nov 10, 2017 10:09 am
Forum: Non-US Investing
Topic: Best option for large foreign currency transfer
Replies: 35
Views: 3874

Re: Best option for large foreign currency transfer

Looking at transfer wise rate and IB rate.

I estimate you save about 0.3% of the amount transferred.

For US 600000, would be around 1800.
by jw50
Thu Nov 09, 2017 10:14 am
Forum: Non-US Investing
Topic: Best option for large foreign currency transfer
Replies: 35
Views: 3874

Re: Best option for large foreign currency transfer

I do not know what to do with regard to country of residence.

I would ask Interactive Broker (IB).

The difference between IB and transfer wise is about $1800. You have to decide whether its worth your trouble.
by jw50
Thu Nov 09, 2017 9:51 am
Forum: Non-US Investing
Topic: Best option for large foreign currency transfer
Replies: 35
Views: 3874

Re: Best option for large foreign currency transfer

With large sum, interactive broker (IB) is hard (impossible) to beat. Open an account. Deposit your foreign currency into your IB account via IB Danish bank account. You can deposit just 1 Krona 1st to make sure all is in order. Buy US dollar, buy USD Cash Idealpro DKK, with your Krona on the IB fo...
by jw50
Thu Nov 09, 2017 3:29 am
Forum: Non-US Investing
Topic: Best option for large foreign currency transfer
Replies: 35
Views: 3874

Re: Best option for large foreign currency transfer

With large sum, interactive broker (IB) is hard (impossible) to beat. Open an account. Deposit your foreign currency into your IB account via IB Danish bank account. You can deposit just 1 Krona 1st to make sure all is in order. Buy US dollar, buy USD Cash Idealpro DKK, with your Krona on the IB for...
by jw50
Tue Aug 01, 2017 4:52 pm
Forum: Non-US Investing
Topic: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]
Replies: 13
Views: 2471

Re: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]

I stand corrected.

VVAL do not distribute dividend.
by jw50
Tue Aug 01, 2017 11:26 am
Forum: Non-US Investing
Topic: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]
Replies: 13
Views: 2471

Re: Vanguard Global Value Factor UCITS ETF (VVAL) [UK]

I believe all Vanguard ETFs are income units ie pay out the dividend of underlying assets.

VVAL is less than 12 months old, therefore has no dividend record yet.
by jw50
Thu Jul 27, 2017 3:01 pm
Forum: Non-US Investing
Topic: (UK) Asset selection, short bond (inflation-linked) and emerging markets (value & small) issues
Replies: 10
Views: 1395

Re: (UK) Asset selection, short bond (inflation-linked) and emerging markets (value & small) issues

You might like to have a look at the Vanguard UK website: www.vanguard.co.uk

The range of life strategy funds, mixture of bond and equity, may be sufficient to meets your various investment goals.

Vanguard also offer target date funds for retirement saving.