Search found 52 matches

by traveler901
Mon Oct 21, 2019 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Can you claim financial independence with kids still in school
Replies: 80
Views: 6149

Re: Can you claim financial independence with kids still in school

What your wife is implying is that she wants to pay for their college, their post-grad if they want, a house for them, car after college, wedding, etc. etc.

You need to discuss that with her and get on the same page.
by traveler901
Sun Sep 29, 2019 10:04 pm
Forum: Personal Consumer Issues
Topic: DFW to Tasmania - 15 hour time change
Replies: 51
Views: 3177

Re: DFW to Tasmania - 15 hour time change

You want to start living on Australia time a week before the trip. That's absurd Absolutely not! It is not necessary if you are on vacation. But if you have serious business to conduct overseas, having a clear mind is very essential. The multinational company I used to work for had such a recommend...
by traveler901
Fri Sep 27, 2019 4:29 am
Forum: Personal Consumer Issues
Topic: DFW to Tasmania - 15 hour time change
Replies: 51
Views: 3177

Re: DFW to Tasmania - 15 hour time change

HueyLD wrote:
Tue Sep 24, 2019 10:07 am
You want to start living on Australia time a week before the trip.
That's absurd
by traveler901
Mon Sep 02, 2019 3:56 am
Forum: Personal Investments
Topic: Large taxable account with three funds... does reinvestment matter?
Replies: 8
Views: 1202

Re: Large taxable account with three funds... does reinvestment matter?

Automatic reinvestment can mess you up doing Tax-loss harvesting due to the wash sale rule
by traveler901
Sun Jul 07, 2019 4:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard Website Offline for "Scheduled Maintenance"
Replies: 1
Views: 493

Re: Vanguard Website Offline for "Scheduled Maintenance"

They regularly do maintenance updates on early Sunday mornings (US time)

Very common with many websites, not just Vanguard.
by traveler901
Thu Jun 13, 2019 5:24 am
Forum: Personal Finance (Not Investing)
Topic: How are your 30s financially different than your late 20s?
Replies: 47
Views: 6061

Re: How are your 30s financially different than your late 20s?

2. Did you find yourself spending more on your children as they got older? Yes, absolutely! Babies are pretty much free. People throw you "showers", give you diapers and hand-me-down clothes, and your parents offer to baby-sit for free. As they go from toddler to pre-school, they're still pretty in...
by traveler901
Wed Jun 12, 2019 12:09 am
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - KSA/Bahrain
Replies: 66
Views: 5934

Re: Job opportunity - KSA/Bahrain

Thanks for the various responses. For those who immediately shoot down the opportunity by saying that’s not enough money, what would be? As I’ve outlined, taxes aside, base salary $210k, housing, schooling, and vehicle paid for. 10% profit sharing of potentially multi-million dollar revenue would p...
by traveler901
Tue Jun 11, 2019 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - KSA/Bahrain
Replies: 66
Views: 5934

Re: Job opportunity - KSA/Bahrain

Any particular reason you all want to be based in Bahrain as opposed to Dubai? Bahrain is still a 1.5 hour drive into Dammam so it's not like it's an easy daily commute. So it's unclear if you will be in KSA on a daily basis? If there is true opportunity to expand in the MENA region I would definit...
by traveler901
Tue Jun 11, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - KSA/Bahrain
Replies: 66
Views: 5934

Re: Job opportunity - KSA/Bahrain

Hi, Most middle eastern countries require a local majority ownership of any locally based business. How you get paid and how you are protected in any JV in the ME is key, I would be extremely careful about any arrangement with locals, notwithstanding agreements and / or contracts. There are many ob...
by traveler901
Tue Jun 11, 2019 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Job opportunity - KSA/Bahrain
Replies: 66
Views: 5934

Re: Job opportunity - KSA/Bahrain

Any particular reason you all want to be based in Bahrain as opposed to Dubai? Bahrain is still a 1.5 hour drive into Dammam so it's not like it's an easy daily commute. So it's unclear if you will be in KSA on a daily basis? If there is true opportunity to expand in the MENA region I would definite...
by traveler901
Tue Jun 11, 2019 2:57 am
Forum: Personal Consumer Issues
Topic: Luxembourg--worth visiting?
Replies: 31
Views: 2675

Re: Luxembourg--worth visiting?

It's a beautiful city and worth staying a night or two if you are passing through by train. BUT, no way would I fly from the Midwest to visit Luxembourg for 3 days (after your travel time). Depending on your home airport you could be looking at 2 layovers and close to 20 hours of travel each way. Th...
by traveler901
Tue Jun 11, 2019 2:44 am
Forum: Investing - Theory, News & General
Topic: Is it bad to look at debt (student loans) like this?
Replies: 39
Views: 3345

Re: Is it bad to look at debt (student loans) like this?

Although I hope the numbers are just made up I understand and 100% agree with your post. I’m mostly posing this question to play devils advocate and have a discussion. You concede A is probably superior cause one day the debt will be paid off in X years, effectively giving one a 30k pre tax raise o...
by traveler901
Mon Jun 10, 2019 4:18 am
Forum: Investing - Theory, News & General
Topic: Is it bad to look at debt (student loans) like this?
Replies: 39
Views: 3345

Re: Is it bad to look at debt (student loans) like this?

It's just a bit of mental gymnastics but sure, if you prefer to think of it this way. Although I hope the numbers are just made up, because 30k per year is a ton for student loans. And also, Scenario A is much better in the long run. Eventually those loans will be paid off and this person has the hi...
by traveler901
Sun Jun 09, 2019 1:05 am
Forum: Investing - Theory, News & General
Topic: The impact of Baby Boomers on the Future of U.S. Stocks
Replies: 41
Views: 5723

Re: The impact of Baby Boomers on the Future of U.S. Stocks

I've never understood the line of thinking that baby boomers retiring will have any impact on the stock market. For starters, about 40% of baby boomers are already retired. Second, most of them don't have any significant amount of money invested in the stock market anyways. Third, the ones with larg...
by traveler901
Thu May 23, 2019 12:55 am
Forum: Personal Investments
Topic: Want to add REITs to portfolio… but how much and which funds?
Replies: 16
Views: 2268

Re: Want to add REITs to portfolio… but how much and which funds?

Almost 4% of the Vanguard Total Stock Market fund is in Real Estate.

Adding additional REITs into a portfolio seems like a tilt to me. I don't think it is really adding diversification. JMO.
by traveler901
Tue May 21, 2019 3:56 am
Forum: Personal Finance (Not Investing)
Topic: Seeking advice for a one year expat assignment in Australia
Replies: 5
Views: 643

Re: Seeking advice for a one year expat assignment in Australia

Ask the company for their International Assignment policy. This will answer most of your questions I'm guessing.

They will likely also provide tax services for free and it sounds like they have a Tax Equalization policy which is common.
by traveler901
Thu May 16, 2019 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 7251

Re: Do you reward yourself for achieving a financial goal?

I don't really understand the idea behind this. Hitting a net worth of 250k doesn't necessarily mean you can afford a Rolex. Buying fancy material things is more dependent on disposable income IMO (although I don't even wear a watch so I may have a biased view on the Rolex example) Anyways, I have f...
by traveler901
Thu Apr 18, 2019 12:59 am
Forum: Personal Consumer Issues
Topic: Trip to Central Asia. Do you need a CC?
Replies: 44
Views: 3601

Re: Trip to Central Asia. Do you need a CC?

When going to a developing country, one should always have: 1. US Dollars which can be used to exchange for local currency, or in a bind can often be used as a direct payment if you ask 2. ATM Card to take out local currency 3. Credit Card (hotels, emergency) When I go to a developed country (Wester...
by traveler901
Thu Apr 11, 2019 4:10 am
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8983

Re: Are Airport Lounges Worth the Money?

They vary quite a bit. The best benefits to me are good WiFi, shower if on a really long journey, free booze, and some space to hang out. Typically the food isn't very good to be honest, but again it varies by lounge. Best ones I've been to (business class lounges, not first class): KrisFlyer lounge...
by traveler901
Mon Apr 08, 2019 5:20 am
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 9527

Re: The "dividend preference anomaly"

If buying an individual stock (which I do have a few), I specifically won't buy a company that pays a dividend. An individual stock play for me needs to be something with large growth potential, and the entire concept of a dividend is that the company generally doesn't have any growth to invest in ...
by traveler901
Mon Apr 08, 2019 1:13 am
Forum: Investing - Theory, News & General
Topic: The "dividend preference anomaly"
Replies: 183
Views: 9527

Re: The "dividend preference anomaly"

If buying an individual stock (which I do have a few), I specifically won't buy a company that pays a dividend. An individual stock play for me needs to be something with large growth potential, and the entire concept of a dividend is that the company generally doesn't have any growth to invest in w...
by traveler901
Thu Apr 04, 2019 4:48 am
Forum: Personal Consumer Issues
Topic: Quiet, friendly hotels in Vienna and Krakow
Replies: 4
Views: 383

Re: Quiet, friendly hotels in Vienna and Krakow

Nothing beats an Airbnb if you want peace and quiet
by traveler901
Thu Apr 04, 2019 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Another Downpayment Question!
Replies: 6
Views: 627

Re: Another Downpayment Question!

Assuming this is Jersey, property taxes of $14,000 per year means you are targeting a house valued somewhere around $550-600k? Your downpayment will be maybe 150-180k on the maximum end, meaning you are targeting a minimum mortgage of 400k. Plus 14k of property taxes per year. You're salary with the...
by traveler901
Sun Mar 10, 2019 11:59 pm
Forum: Personal Investments
Topic: How to invest a massive increase in salary?
Replies: 26
Views: 3482

Re: How to invest a massive increase in salary?

Definitely confirm how the tax equalization policy works before accepting. Sounds like this is a large company so it will probably be set up correctly. Your taxes owed should be as if you were making 225k in the US and nothing more. Ensure your housing and other benefits taxes will be covered by the...
by traveler901
Tue Feb 19, 2019 1:09 am
Forum: Personal Finance (Not Investing)
Topic: Joining finances - what's easiest?
Replies: 38
Views: 2378

Re: Joining finances - what's easiest?

Joint checking and savings here.

Separate credit cards since we like to do the points thing. If you have separate CCs then I don't understand having separate checking accounts for personal spend. Just pay off the CCs out of the joint checking.
by traveler901
Tue Feb 05, 2019 12:09 am
Forum: Investing - Theory, News & General
Topic: Has anyone invested in Dubai real estate?
Replies: 23
Views: 2414

Re: Has anyone invested in Dubai real estate?

Why exactly are you considering this?
by traveler901
Mon Jan 21, 2019 2:33 am
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 7495

Re: Paying thousands per ticket to attend the NFL Super Bowl?

No, I'm a big football fan but would rather just go to a big regular season home game. Also prefer the atmosphere of a college game.

Would rather attend a World Series game or NBA finals game over the Super Bowl.
by traveler901
Sun Jan 20, 2019 5:28 am
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 218
Views: 19200

Re: Are You Dumping Netflix?

I would probably pay $25/month for Netflix
by traveler901
Wed Jan 09, 2019 4:33 am
Forum: Personal Investments
Topic: Investing as an Expatriate
Replies: 11
Views: 591

Re: Investing as an Expatriate

If you are eligible for 401k contributions through your company you should still be able to contribute to an IRA.

Vanguard has also become much more relaxed about existing clients living overseas. If you give them a US address there should be no problem continuing to use them.
by traveler901
Mon Jan 07, 2019 11:37 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 241
Views: 23763

Re: What is your allocation to U.S. and International?

oldcomputerguy wrote:
Sat Nov 24, 2018 3:16 pm
Equity side, 70/30 domestic/international. No international bonds.
I am the exact same.

My international is then split 60/40 developed/emerging
by traveler901
Thu Dec 20, 2018 7:21 am
Forum: Personal Investments
Topic: Will you contribute all $6,000 to IRA in Jan or DCA?
Replies: 32
Views: 2171

Re: Will you contribute all $6,000 to IRA in Jan or DCA?

Will do a lump sum backdoor Roth contribution in January
by traveler901
Wed Dec 12, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: Trip to Italy
Replies: 42
Views: 2883

Re: Trip to Italy

With the Chase card you will probably be able to book two of the five tickets using points. For best redemption value transfer to an airline partner (like United) and book it that way.

And stop listening to Dave Ramsey.
by traveler901
Mon Nov 19, 2018 4:45 am
Forum: Personal Investments
Topic: anyone buying individual stocks or sector ETF's?
Replies: 13
Views: 1288

Re: anyone buying individual stocks or sector ETF's?

I own a handful of individual stocks (6 total), roughly 3% of total portfolio value. I think it can be a good way to learn about the market and how individual stocks work. I like to think of it as educational if that makes sense. So far I am up on 3 and down on 3 but again none are very large bets. ...
by traveler901
Sat Nov 10, 2018 5:45 am
Forum: Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 5100

Re: 1,000,000+ by 29

brownsfan2k5 wrote:
Fri Nov 09, 2018 5:58 pm
I appreciate all the advise! I was in the military for 6 years, so housing, food and healthcare was provided. When all my friends were spending everything on fast cars, booze and women, I was staying home and saving my money.
Congratulations!

Although you still have to be a Browns fan :wink:
by traveler901
Thu Nov 08, 2018 1:07 am
Forum: Investing - Theory, News & General
Topic: China Still An Emerging Market?
Replies: 24
Views: 2288

Re: China Still An Emerging Market?

FTSE Criteria for Developed Markets is below. Pretty easy to see why China does NOT meet the criteria. They are high income economies (as measured by the World Bank GNI per capita Rating, Market and Regulatory Environment) Formal stock market regulatory authorities actively monitor market (e.g., SEC...
by traveler901
Tue Nov 06, 2018 4:16 am
Forum: Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 5100

Re: 1,000,000+ by 29

How do you manage to live on $1,000 per year?? :confused
by traveler901
Tue Oct 23, 2018 3:43 am
Forum: Personal Consumer Issues
Topic: What do you spend your money on outside of expenses and investments?
Replies: 23
Views: 2032

Re: What do you spend your money on outside of expenses and investments?

Travel, restaurants, bars, activities (concerts, shows, kayaking, etc.)
by traveler901
Thu Oct 04, 2018 4:00 am
Forum: Personal Consumer Issues
Topic: U.S. mailing address/forwarding for expats
Replies: 25
Views: 3551

Re: U.S. mailing address/forwarding for expats

Most important is to make as many services as you can set to electronic mail only.

For US address use a family member or friend. Shouldn't look like you are setting a residence in that state as you will be filing taxes as residence in a foreign country.
by traveler901
Fri Sep 14, 2018 4:16 am
Forum: Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 6001

Re: Vanguard is requiring cell phone security codes - problem for international travel

I live overseas and do not have a US phone number (I am an American citizen) When logging into my Vanguard account it wouldn't let me proceed without registering a phone number. I called Vanguard and they removed the two-step verification for my account within minutes. It was very simple. Just can't...
by traveler901
Thu Sep 13, 2018 2:32 am
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 11396

Re: Massive Student Loan Debt - Fiancee

That is a serious amount of debt for a speech pathologist. I would have a serious discussion about her career aspirations and initial job search. At a public school a speech pathologist is making barely more than a teacher, so I would consider home health to help aggressively pay off the loans. You ...
by traveler901
Sun Sep 09, 2018 7:14 am
Forum: Investing - Theory, News & General
Topic: Just invested 10k into Space X (Well sorta..)
Replies: 22
Views: 2926

Re: Just invested 10k into Space X (Well sorta..)

I love Alphabet stock but their small stake in SpaceX is certainly not a lone reason to invest in them.
by traveler901
Wed Aug 08, 2018 1:01 am
Forum: Personal Consumer Issues
Topic: A week in Budapest?
Replies: 22
Views: 1795

Re: A week in Budapest?

Etyek wine tour + dinner - this was a great experience. Mostly only white wines produced in the region and a good local stew for dinner. Really beautiful countryside. Hit a thermal bath one day - the most popular is the Szechenyi Baths which are in a really nice facility and in a nice park. There ar...
by traveler901
Mon Jul 09, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Should I take a $60k paycut to work 4days/week
Replies: 58
Views: 6099

Re: Should I take a $60k paycut to work 4days/week

No one here can give you good advice without knowing your current income and annual expenses. Would your 3 days off truly be off days? Or would you be expected to work on the days off when times are busy?
by traveler901
Thu Jul 05, 2018 12:07 am
Forum: Non-US Investing
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4935

Re: Can I finance a new home abroad (Carribean)???

I look forward to more replies that can help me understand some reasonable strategies to one day own a retirement home in another country. You have not explained why you want one NOW. Why not invest your money and buy something you like when you're actually going to retire? You'll certainly be able...
by traveler901
Tue Jul 03, 2018 11:34 pm
Forum: Non-US Investing
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4935

Re: Can I finance a new home abroad (Carribean)???

If you want nothing to do with the house yet, then why not just wait 20-30 years to buy one? I'm not really following. By the time you retire you will probably change your mind on a retirement location.
by traveler901
Sun Jun 24, 2018 12:04 am
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 155
Views: 14246

Re: When did you start flying business class?

Only for work travel which the company always pays for. On personal travel I find it to be a huge rip off. Don't think it's anywhere near worth 8k for a ticket. Really depends on your income. If you really make over 700k then I would say go for it. I would personally never pay for that for children.
by traveler901
Thu Feb 22, 2018 6:43 am
Forum: Investing - Theory, News & General
Topic: Will Emerging China Change Things for Domestic Investing?
Replies: 28
Views: 2853

Re: Will Emerging China Change Things for Domestic Investing?

I don’t have much confidence in America maintaining its global prowess I’ll just leave it at that It is of course possible that US loses quite a bit of it's global market cap share. I just don't see a single country that will come close to competing with the US anytime soon. In fact I think you cou...
by traveler901
Thu Feb 22, 2018 6:40 am
Forum: Investing - Theory, News & General
Topic: Will Emerging China Change Things for Domestic Investing?
Replies: 28
Views: 2853

Re: Will Emerging China Change Things for Domestic Investing?

buy CQQQ go to china and see its dominance in technology yourself there is no cash and credit cards in china anymore, tencent and alibaba dominates the payment market with their mobile app wechat and alipay even when you go to a spa in china, you just have to bring your phone, no wallet, and all ti...