Search found 51 matches

by pin
Sun Nov 22, 2020 9:17 pm
Forum: Non-US Investing
Topic: DFA ETFs
Replies: 1
Views: 562

DFA ETFs

So Dimensional Fund Advisors (DFA) now offer ETFs and they are going to expand their ETF platform soon. https://www.etf.com/sections/daily-etf-watch/dfa-takes-stage-etfs?nopaging=1 At the moment for non-US investors DFA ETFs won't make sense (because of withholding, estate duty issues, etc), but if ...
by pin
Thu Nov 19, 2020 8:42 pm
Forum: Non-US Investing
Topic: [Hong Kong] Seeking Advice with Portfolio Shift
Replies: 2
Views: 547

Re: [Hong Kong] Seeking Advice with Portfolio Shift

Country of Residence: HK International Lifestyle: Retire Europe or OZ/NZ Currency: Paid in HKD but invest in USD Emergency funds: 12 months Debt: None Age: Late 30s Desired asset allocation: 70% stocks / 30% bonds (indicate if you are not sure) Current portfolio is around 200k USD: 15% STHY-L Corpo...
by pin
Thu Nov 19, 2020 8:39 pm
Forum: Non-US Investing
Topic: Portfolio advice - Hong Kong resident
Replies: 11
Views: 1395

Re: Portfolio advice - Hong Kong resident

May I quickly check the competitive advantage of a DBS account over IBKR? I only started to move funds at different places to IBKR. I am likely moving back to Hong Kong in near future so is a valid question to me. Thanks! No competitive advantage, more the fact that DBS is a very well capitalised a...
by pin
Wed Nov 18, 2020 8:43 pm
Forum: Non-US Investing
Topic: Portfolio advice - Hong Kong resident
Replies: 11
Views: 1395

Re: Portfolio advice - Hong Kong resident

Hi there One thing to note about DBS Treasures (I also have an account with them) is that there is a quarterly custody fee. It isn't too much, but something to bear in mind. Also the custody fee comes out in HKD and out of your securities account, so just make sure you have some cash in your securi...
by pin
Mon Nov 16, 2020 1:20 am
Forum: Non-US Investing
Topic: Portfolio advice - Hong Kong resident
Replies: 11
Views: 1395

Re: Portfolio advice - Hong Kong resident

Hi there One thing to note about DBS Treasures (I also have an account with them) is that there is a quarterly custody fee. It isn't too much, but something to bear in mind. Also the custody fee comes out in HKD and out of your securities account, so just make sure you have some cash in your securit...
by pin
Tue Nov 10, 2020 10:08 pm
Forum: Non-US Investing
Topic: HK Newbie Seeking Advice for Ireland-domiciled ETFs
Replies: 9
Views: 1046

Re: HK Newbie Seeking Advice for Ireland-domiciled ETFs

Thank you for all your suggestions! I have some follow-ups: - For my portfolio, would you recommend owning three separate equity ETFs for US/Developed/Emerging markets or one aggregate ETF which tracks all three? (Cons is I cannot alter the allocation as I wanted) - It seems IB is most popular brok...
by pin
Mon Nov 09, 2020 9:43 am
Forum: Non-US Investing
Topic: HK Newbie Seeking Advice for Ireland-domiciled ETFs
Replies: 9
Views: 1046

Re: HK Newbie Seeking Advice for Ireland-domiciled ETFs

Hi, there is a limited selection of brokerages in HK which allow for UK / Irish domiciled ETF's. IB is probably the best bet, even if you are paying USD10 a month. For the ETFs to choose, probably stay away from US listed ETFs for reasons already stated. You are best sticking to no more than 3 ETFs ...
by pin
Sun Nov 08, 2020 11:11 pm
Forum: Non-US Investing
Topic: [Non-US] S&P e-mini futures vs ETFs
Replies: 39
Views: 2728

Re: [Non-US] S&P e-mini futures vs ETFs

I saw this and does sound interesting. It is one step further from a simple buy and hold ETF investment.

One thing though, do you still face the USD60k estate duty issue?
by pin
Tue Nov 03, 2020 10:24 am
Forum: Non-US Investing
Topic: Newbie from Macau/Hong Kong needing portfolio advice
Replies: 17
Views: 1626

Re: Newbie from Macau/Hong Kong needing portfolio advice

Part of the issue is that its so much easier to open up a brokerage account in HK which gives you access to US securities. Most of the banks offer this. In addition we now have the likes of SoFi and Futu which offer free US share trading. However at the same time none of these platforms mention the...
by pin
Tue Nov 03, 2020 12:55 am
Forum: Non-US Investing
Topic: Newbie from Macau/Hong Kong needing portfolio advice
Replies: 17
Views: 1626

Re: Newbie from Macau/Hong Kong needing portfolio advice

4. As said I think my current liquid asset is wrongly positioned, including several US-ETF (VTI, VEU, VXUS etc) ... One further comment on this point. We quite regularly see visitors here from HK and Singapore who already hold Vanguard US domiciled ETFs, but who would be better off with Ireland dom...
by pin
Thu Oct 22, 2020 10:36 pm
Forum: Non-US Investing
Topic: IB tiered commissions for LSE USD-denominated ETFs
Replies: 7
Views: 959

Re: IB tiered commissions for LSE USD-denominated ETFs

I understand you can move from fixed pricing to tiered easily. So if you are going to a big purchase, you can change to fixed beforehand and then change back to tiered.
by pin
Wed Oct 21, 2020 2:15 am
Forum: Non-US Investing
Topic: UK sister forum?
Replies: 3
Views: 715

Re: UK sister forum?

You could try moneysavingexpert or lemon fool forums?
by pin
Sun Oct 11, 2020 1:30 am
Forum: Non-US Investing
Topic: Alternatives to IB?
Replies: 20
Views: 3603

Re: Alternatives to IB?

AlohaJoe made the best explanation about SIPC. I would also like to thank glorat for the corroborative argument. As for IB HK, I guess that if you buy US securities then your assets are also covered by SIPC. Once your HK dollar assets turn into US dollar assets, they are off-shore. I recall someone...
by pin
Sun Oct 11, 2020 12:27 am
Forum: Non-US Investing
Topic: Alternatives to IB?
Replies: 20
Views: 3603

Re: Alternatives to IB?

One thing to point out, seems IB HK isn't covered by SPIC: https://www.interactivebrokers.com.hk/en/index.php?f=2334&p=acc Client accounts at Interactive Brokers Hong Kong Ltd are protected by the Investor Compensation Fund ("ICF"). The ICF only covers financial products traded on the ...
by pin
Mon Oct 05, 2020 2:56 am
Forum: Non-US Investing
Topic: multiple/secure brokerage accounts
Replies: 6
Views: 955

Re: multiple/secure brokerage accounts

PB's are probably not worth it due to the fees that they charge.

For PB's who will allow you to book out of HK / SG, that's a bit tricky. Afraid I don't have any recommendations on this front.
by pin
Mon Oct 05, 2020 2:25 am
Forum: Non-US Investing
Topic: multiple/secure brokerage accounts
Replies: 6
Views: 955

Re: multiple/secure brokerage accounts

Hi, PB is private bank.

If you are looking for non HK options then probably Swissquote Luxembourg would be an option. It is notially a bank in Luxembourg but I think in reality it is a broker.
by pin
Mon Oct 05, 2020 12:40 am
Forum: Non-US Investing
Topic: multiple/secure brokerage accounts
Replies: 6
Views: 955

Re: multiple/secure brokerage accounts

Why not use the PB? Where in Asia are you? Options can be as follows: - DBS Treasures in HK and SG - Standard Chartered in SG - HSBC Expat (out of Jersey) via InvestDirect (out of London), but need to be resident of certain countries (such as HK) - Saxo (this is a broker rather than a bank though) -...
by pin
Tue Sep 22, 2020 8:59 pm
Forum: Non-US Investing
Topic: Should I cash out IWDA and invest in SWRD instead?
Replies: 2
Views: 801

Re: Should I cash out IWDA and invest in SWRD instead?

I thought about this as well. Decided to stick with IWDA. IWDA has a larger AUM and also seems to be more liquid. However no harm in changing to SWRD if you wanted to, seems to follow the same index as IWDA. One thing though, check your broker carries SWRD. When I looked at changing (about a year ag...
by pin
Wed Sep 09, 2020 11:33 pm
Forum: Non-US Investing
Topic: Any ex-US world ETF
Replies: 23
Views: 2822

Re: Any ex-US world ETF

Okay I tried again... I simulated rolling a ES Sep18'20 contract to Dec18'20. To simplify the calculations I assume today is the 17:th making the holding period a quarter of a year. The cost of making one future trade is $2.1 so total cost of transaction is $4.2 which I'll deem negligible. (I have ...
by pin
Sun Aug 16, 2020 9:41 am
Forum: Non-US Investing
Topic: review of my portfolio
Replies: 12
Views: 1201

Re: review of my portfolio

What did you decide to do?

Seems your advisor has created a portfolio based on a type of DFA evidenced based model with some tilts away from a standard Boglehead portfolio.
by pin
Thu Aug 06, 2020 5:47 am
Forum: Non-US Investing
Topic: Hong Kong resident, Irish citizen advice
Replies: 10
Views: 601

Re: Hong Kong resident, Irish citizen advice

Bonds act as an anchor basically.

Be wary of ETFs listed on HKSE, only a few of them are liquid (2800 tracking the HKSE and a few China focused ETFs are liquid, but that is really it).
by pin
Mon Aug 03, 2020 1:22 am
Forum: Non-US Investing
Topic: Best bond for non US investors? (formerly:VBTLX)
Replies: 28
Views: 2439

Re: Best bond for non US investors? (formerly:VBTLX)

Vanguard does have VAGP:

https://www.vanguardinvestor.co.uk/inve ... _fund_link

But I think its in GBP and not in USD.
by pin
Sun Aug 02, 2020 8:56 pm
Forum: Non-US Investing
Topic: 20% AGGG 70% VWRD 10% WSML: What could I be missing?
Replies: 13
Views: 1455

Re: 20% AGGG 70% VWRD 10% WSML: What could I be missing?

We start with the basic 2 ETF port for non-USA investors without USA tax treaties who count in USD. 50% VWRD + 50% AGUG. Since we're retired we like to start the year with 5% of port in CASH. 50% VWRD + 45% AGUG + 5% CASH. Then we add our "spices". Equities: 40% VWRD + 5% VDEM + 5% WSML F...
by pin
Wed May 06, 2020 9:58 pm
Forum: Non-US Investing
Topic: Hong Kong: Where to invest?
Replies: 35
Views: 2731

Re: Hong Kong: Where to invest?

Hi I have kept IB purely for the fact that its currency exchange rates are by far the best around. So you may want to consider setting up an IB account. You have to pay USD10 a month unless you reach USD100k in investments with them. Re your queries on capital gain, tax etc, you need to check your o...
by pin
Wed May 06, 2020 12:51 am
Forum: Non-US Investing
Topic: Hong Kong: Where to invest?
Replies: 35
Views: 2731

Re: Hong Kong: Where to invest?

We hold via DBS, HSBC Expat, Saxo, IB and Internaxx. All have their pros and cons. I would however say that HSBC Expat is a good option. You will be trading with HSBC InvestDirect, which is based in the UK and regulated by the UK SRA. I can confirm its a GBP14.95 trading fee (roughly USD18.91). The ...
by pin
Wed May 06, 2020 12:43 am
Forum: Non-US Investing
Topic: Do all-in-one funds exist outside the US?
Replies: 6
Views: 684

Re: Do all-in-one funds exist outside the US?

While not part of the EU anymore I understand the UK has several options including Lifestatergy for Vanguard and a few other options by HSBC and Legal and General. I however suspect you will need to be a UK resident to invest with them and they will be in GBP. I think the only exception is you can i...
by pin
Thu Dec 05, 2019 10:29 pm
Forum: Non-US Investing
Topic: My porfolio - seeking advice [Hong Kong]
Replies: 17
Views: 1765

Re: My porfolio - seeking advice [Hong Kong]

Hi @cvc On the broker point it really depends. They are supposed to be regulated etc and they are considered safe. Your money should be segregated but well you never really know. for what its worth we have spread out holdings through different brokers and banks. There are a few banks in HK that offe...
by pin
Tue Dec 03, 2019 4:21 am
Forum: Non-US Investing
Topic: My porfolio - seeking advice [Hong Kong]
Replies: 17
Views: 1765

Re: My porfolio - seeking advice [Hong Kong]

Hi. Fellow HK permanent resident, UK citizen, 40 year old with two small children. Going through what you and others have said in this thread, here are my thoughts: - Desired asset allocation seems fine. I've personally gone for something closer to 65% stocks / 35% bonds, but I am probably a bit mor...
by pin
Thu Sep 26, 2019 9:53 pm
Forum: Non-US Investing
Topic: Will China stocks exit HKEx?
Replies: 5
Views: 845

Re: Will China stocks exit HKEx?

No they won't, because these exchanges don't have much liquidity to outside markets. This is why Chinese stocks list on the HKSE, to access outside liquidity.
by pin
Mon Sep 23, 2019 9:44 pm
Forum: Non-US Investing
Topic: Will China stocks exit HKEx?
Replies: 5
Views: 845

Re: Anyone owns 2800.HK in HKEX?

2800.HK is one of the most liquid ETFs trading on the HKSE and closely mirrors the HKSE. In fact even though there are quite a few EFTs listed in HK, most of them are not really that liquid apart from 2800 and a few China focused ETFs. Due to its comparatively low fees (when compared to other HK lis...
by pin
Sun Aug 25, 2019 10:04 am
Forum: Non-US Investing
Topic: [HK] Rate my investment plan
Replies: 17
Views: 1188

Re: [HK] Rate my investment plan

As someone who is based in HK I pretty much follow something very similar, however: - I have IWDA (because SWRD didn't exist when I started investing) - I haven't bothered with WSML - My equity / bond split is 65 / 35 (but I'm older than the OP) Can't really fault your portfolio though. I also went ...
by pin
Mon Aug 19, 2019 9:55 pm
Forum: Non-US Investing
Topic: Broker Diversification
Replies: 23
Views: 1945

Re: Broker Diversification

Am with you on this and as a result we have split our money between IB, Saxo and Internaxx. I'm also in the process of arranging funding to HSBC Expat.

I need to do a bit more research into "IB estate taxes debacle" and based on your post this has been discussed in multiple threads before.
by pin
Mon Jul 22, 2019 10:51 pm
Forum: Non-US Investing
Topic: Overseas investor [Hong Kong]
Replies: 15
Views: 1432

Re: Overseas investor [Hong Kong]

You also have access to Internaxx (out of Luxembourg) and Saxo (which has offices in HK).
by pin
Thu Jun 20, 2019 12:26 am
Forum: Non-US Investing
Topic: Concentration risk of networth in one ETF in one broker
Replies: 13
Views: 1824

Re: Concentration risk of networth in one ETF in one broker

Hi I am also based in HK. We have accounts with IB, Saxo and Internaxx. Both IB and Saxo have a presence in HK so its easy to deal with them. Internaxx is based in Luxembourg so certain documents will have to be mailed to them, but in general we have no issues dealing with them. Another few options ...
by pin
Sun Jun 02, 2019 8:57 am
Forum: Non-US Investing
Topic: [Wiki] Bond ETF Non US resident withholding tax
Replies: 33
Views: 3859

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

Not sure about this, but it's worth pointing out that US treasuries bought directly are probably the most non-US person friendly asset - many brokers provide them with zero commission, 0% interest tax, and 0% estate tax. For bond ETFs even if you don't have interest tax, you do have estate tax, so ...
by pin
Sun Jun 02, 2019 8:55 am
Forum: Non-US Investing
Topic: International Bond UCITS for an Sg-based Investor - IUAA vs AGGU vs IGLA
Replies: 27
Views: 3370

Re: International Bond UCITS for an Sg-based Investor - IUAA vs AGGU vs IGLA

I ended up down the AGGU route. Keeps is simpler. Thanks for the reply! Curious to know if the returns/stability been in line with your expectations when you bought it? Well it seems to do the job in providing a globally diversified ETF of a mix of corporate and government bonds. Don't know what el...
by pin
Thu Aug 31, 2017 5:24 am
Forum: Non-US Investing
Topic: Long term expat (European) - simple global portfolio
Replies: 7
Views: 3392

Re: Long term expat (European) - simple global portfolio

Hello OP, you have quite a few similarities to my situation.

The information I got from my own thread was very useful, it might also be of use to you:

viewtopic.php?f=1&t=226451
by pin
Tue Aug 29, 2017 8:59 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

Again, much appreciated. Lots to think about and probably am over thinking things. Its just I have been burnt in the past, that i want to make sure I make the most informed and best decision going forward. All the advice and the suggestions here as been invaluable.
by pin
Tue Aug 29, 2017 4:04 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

Re currency risk, I mean if the fund is listed in Euro (or Australian Dollar, Canadian Dollar, etc), I would need to convert from HKD (which is essentially pegged to the USD) to the local currency to buy the shares. That currency will obviously fluctuate against the USD. From Hong Kong, we cannot re...
by pin
Mon Aug 28, 2017 7:20 pm
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

Thanks again all. Valuethinker - which funds are you able to find that are Dublin listed? Also if Dublin listed, I presume they will be Euro denominated. That carried currency risk for me. If its the Vanguard Global series ETFs, they are actively managed, targeting specific types of companies (value...
by pin
Mon Aug 28, 2017 11:04 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

Thanks again. Yes, was looking at either Canadian or Australian FTSE all world ex USA, but then there's the currency risk. I did have a look at ACWI, but its only traded in Santiago, Mexico and USA (Nasdaq), so no European access to it. I haven't really looked at Dublin stocks, really the majority o...
by pin
Mon Aug 28, 2017 10:11 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

Again, thanks for all the information. Just to deal with a few queries: - There are no capital gains taxes in Hong Kong, so selling stocks is fine here - Unlikely we will retire in the US - If I were ever to become a UK resident again, I would need to restructure my arrangements anyway - If not UK, ...
by pin
Mon Aug 28, 2017 12:50 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

Firstly on the Interactive Brokers point. I guess because they are just a broker and not a financial institution, there is a risk (which I appreciate can be the case with any company / bank / broker, etc) of the money going walk about. I guess with something like Saxo (which is tied to a bank), the...
by pin
Sun Aug 27, 2017 6:41 pm
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

The reason I picked the Canadian listed fund was because outside of the US, it was the only fund I could find that was developed or even all world, ex USA. Interesting. Folk looking for something like this drop by from time to time, but until now I wasn't aware of anything suitable. Thanks for the ...
by pin
Sun Aug 27, 2017 8:52 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

Thanks all! Quite a bit to think about. Firstly on the Interactive Brokers point. I guess because they are just a broker and not a financial institution, there is a risk (which I appreciate can be the case with any company / bank / broker, etc) of the money going walk about. I guess with something l...
by pin
Sun Aug 27, 2017 4:51 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Re: Sorting out finances [Hong Kong]

I just opened a IB account and it was remarkably simple and effecient. If you sometime will deposit HKD (or other currencies) they'll give you the best exchange rate for it. I'm personally planning to just put all of it into VWRD - London listed Vanguard global. Thanks. Yep, already have an account...
by pin
Sat Aug 26, 2017 7:59 am
Forum: Non-US Investing
Topic: Sorting out finances [Hong Kong]
Replies: 26
Views: 3366

Sorting out finances [Hong Kong]

Hi all. I am new to this forum (and also quite new to passive investing). Probably best to give you a bit of a background about myself and my previous savings / investing history. I am a British citizen in my late 30s and my wife is a Canadian citizen in her mid 30s. We live in Hong Kong. I have nev...
by pin
Sat Aug 26, 2017 7:32 am
Forum: Non-US Investing
Topic: Hong Kong Bogleheads?
Replies: 34
Views: 8160

Re: Hong Kong Bogleheads?

Thanks, tried sending PM but its in Outbox, maybe because I am new?
by pin
Sat Aug 26, 2017 5:50 am
Forum: Non-US Investing
Topic: Hong Kong Bogleheads?
Replies: 34
Views: 8160

Re: Bogleheads in Hong Kong?

[Post merged into here, see below. --admin LadyGeek]

Hello, I am old to Hong Kong, but very new to this form of investing. It would be good to meet up or speak to others based in Hong Kong!