Search found 506 matches

by DJN
Thu Nov 14, 2019 12:49 am
Forum: Non-US Investing
Topic: Portfolio Review - Germany
Replies: 3
Views: 113

Re: Portfolio Review - Germany

Hi,
have a read of this section of Wiki: https://www.bogleheads.org/wiki/Outline ... _domiciles
Read all of the subsections and I am sure that you will find some good information.
DJN
by DJN
Thu Nov 14, 2019 12:15 am
Forum: Non-US Investing
Topic: ETF vs Index [Singapore]
Replies: 2
Views: 53

Re: ETF vs Index [Singapore]

Hi,
have a read of all of this section: https://www.bogleheads.org/wiki/Outline ... _domiciles
Be sure to go all the way through all of the subsections!
and then have a look here: https://www.bogleheads.org/wiki/Investi ... _Singapore
DJN
by DJN
Mon Nov 11, 2019 12:21 pm
Forum: Non-US Investing
Topic: [Wiki] Real estate investment trusts for non-US investors, seeking feedback and contributions on draft page
Replies: 3
Views: 304

Re: [Wiki] Real estate investment trusts for non-US investors, seeking feedback and contributions on draft page

hi,
thanks for the input.
I have changed the page title and I have expanded the abbreviations.
I struggle with footnotes, must work harder.
One interesting aspect is the hedging issue with "foreign" REITs. Something of which I have little knowledge.
DJN
by DJN
Mon Nov 11, 2019 12:49 am
Forum: Non-US Investing
Topic: [Wiki] Real estate investment trusts for non-US investors, seeking feedback and contributions on draft page
Replies: 3
Views: 304

[Wiki] Real estate investment trusts for non-US investors, seeking feedback and contributions on draft page

Hi, I have spent a little time putting together a draft page to provide background for non-US investors on REITs: https://www.bogleheads.org/wiki/User:DJN/REITS_for_non-US_investors I have no real knowledge of most of the jurisdictions so improvements are most welcome. What do you think and how can ...
by DJN
Sun Nov 10, 2019 2:23 am
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 97
Views: 5555

Re: If you were forced to pick an alternative asset...

Hi, my alternatives strategy is complex and demanding and involves multiple interconnected and exotic asset classes. The strategy is underpinned by a difficult (for me) vegetarian philosophy and direct investment multi stage approach: 1. Invest in some degraded land 2. Plant chestnut trees. 3. Watch...
by DJN
Thu Nov 07, 2019 9:18 am
Forum: Non-US Investing
Topic: EU investor: 7M+ in VWRA vs SWDA + EIMI (or a combination) and partially hedged global govt bond ETF
Replies: 15
Views: 1122

Re: EU investor: 7M+ in VWRA vs SWDA + EIMI (or a combination) and partially hedged global govt bond ETF

Hi, WSML = world small cap from iShares deGiro is a good low cost platform worth considering if you wanted to split your money across two platforms. You would need to check if there is an Italian version. Regarding bond split its all speculation in some ways, but having just returned from 4 days of ...
by DJN
Wed Nov 06, 2019 12:47 am
Forum: Non-US Investing
Topic: Robo advisor portfolio opinion
Replies: 1
Views: 266

Re: Robo advisor portfolio opinion

Hi, its not a bad option in my opinion to pick a roboadviser in the absence of knowledge and experience. Having said that the one that you pick is important. Your portfolio version is a bit odd in my opinion and doesn't lean enough to boglehead standards. Simple BH portfolio would be say 60/40 stock...
by DJN
Tue Nov 05, 2019 4:43 am
Forum: Non-US Investing
Topic: [wiki] New page for (potential) US citizens abroad: "US tax pitfalls ..."
Replies: 16
Views: 978

Re: [wiki] New page for (potential) US citizens abroad: "US tax pitfalls ..."

Hi,
I am not affected by this situation but I have to say thanks to Ted for a great effort on behalf of those that are.
DJN
by DJN
Mon Nov 04, 2019 5:52 am
Forum: Non-US Investing
Topic: European ETFs historical data (including AUM, dividends/distributions, etc)
Replies: 5
Views: 357

Re: European ETFs historical data (including AUM, dividends/distributions, etc)

Good question.
Have a look at what pension funds publish.
Try academic channels.
Please share your successes here!
Good luck.
DJN
by DJN
Sun Nov 03, 2019 10:49 am
Forum: Non-US Investing
Topic: Italy - Global Govt bond ETF (.25% TER) vs Aggregate bond fund (.1%)
Replies: 9
Views: 596

Re: Italy - Global Govt bond ETF (.25% TER) vs Aggregate bond fund (.1%)

Hi, thanks for the clarification. In that case maybe you could consider separating out your government and your corporate bonds. More complicated than simply buying a global aggregate but you would gain from the lower government tax rate. Check what's available on iShares and see if you can find a m...
by DJN
Sun Nov 03, 2019 10:22 am
Forum: Non-US Investing
Topic: Italy - Global Govt bond ETF (.25% TER) vs Aggregate bond fund (.1%)
Replies: 9
Views: 596

Re: Italy - Global Govt bond ETF (.25% TER) vs Aggregate bond fund (.1%)

Hi,
when you say the Italian government taxes bonds at the lower rates you quote above, does that mean actual bonds? Does the tax apply to bond funds and/or bond ETFs?
DJN
by DJN
Sat Nov 02, 2019 7:16 am
Forum: Non-US Investing
Topic: EU investor - keeping 1.5M in deposit/savings vs bonds/MMF during a downturn
Replies: 2
Views: 280

Re: EU investor - keeping 1.5M in deposit/savings vs bonds/MMF during a downturn

Hi, the EU doesn't insure anything, the country's banks generally take part in a national scheme which complies with EU legislation. The normal rules in the EU are that under the bank scheme each bank will honour the deposits of each account holder up to Euro 100,000 in their bank. In other words 10...
by DJN
Thu Oct 31, 2019 11:53 pm
Forum: Non-US Investing
Topic: Australian expat living in Thailand (75 y.o.) - advice sought, new to investing
Replies: 2
Views: 443

Re: Australian expat living in Thailand (75 y.o.) - advice sought, new to investing

Hi, one thing that would help clarify matters is his expected cost of living in Australia. If that is materially more than Thailand then the calculation/plan changes. On the Thai expenses, if all is included (healthcare insurance? Thai system is good by all accounts), then he should be ok with a def...
by DJN
Thu Oct 31, 2019 8:20 pm
Forum: Non-US Investing
Topic: [Israel] Investment plan questions
Replies: 10
Views: 851

Re: [Israel] Investment plan questions

Hi, your proposed distribution of equities doesn't exactly follow the actual global breakdown. Maybe check some of the indices out to understand that more accurately. But in any case its probably fine the way that you have proposed, if you are already exposed to RE and small caps then why bother wit...
by DJN
Thu Oct 31, 2019 6:35 am
Forum: Non-US Investing
Topic: ETF questions (EU) - US taxes, global gov bond ETF hedged to EUR, annual report, IB base currency
Replies: 11
Views: 521

Re: EU investor - 7M bond exposure breakdown, G7 WGBI index, S Corp/gift tax Germany

Hi, it's an interesting problem. I don't know anything about Italian or German taxes. Some cash equivalents might also be worth considering. Maybe if you have a look at the following pages this might offer some ideas: https://www.bogleheads.org/wiki/Bond_basics_for_non-US_investors https://www.bogle...
by DJN
Thu Oct 31, 2019 1:13 am
Forum: Personal Consumer Issues
Topic: Should we downshift and move to Europe?
Replies: 40
Views: 5057

Re: Should we downshift and move to Europe?

Hi,
unless you intend to live and work in UK or Ireland the languages that you have a full grasp of are super important notwithstanding that most Europeans speak at least two languages already.
DJN
by DJN
Wed Oct 30, 2019 12:42 pm
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 42
Views: 5089

Re: Afraid to take the leap

But I'm afraid to start at the wrong moment. The yield curve inversion and currently in the longest bull market in history. I'm currently much more afraid of "losing" money in a crash than missing out on future gains. I feels like I should really wait out for 12-18 months and just keep saving cash....
by DJN
Wed Oct 30, 2019 12:30 pm
Forum: Non-US Investing
Topic: ETF questions (EU) - US taxes, global gov bond ETF hedged to EUR, annual report, IB base currency
Replies: 11
Views: 521

Re: ETF questions (EU) - US taxes, global gov bond ETF hedged to EUR, annual report, IB base currency

Hi, I will start you off. I know nothing about Italian taxes. The tax on Irish domiciled UCITS ETFs that you refer to is a US withholding tax. The asset manager takes care of that. You don't have to do anything regarding US taxes. You don't file anything with the US. As a non resident investor in Ir...
by DJN
Wed Oct 30, 2019 1:38 am
Forum: Non-US Investing
Topic: ETF and brokers (hidden) costs in Germany
Replies: 14
Views: 971

Re: ETF and brokers (hidden) costs in Germany

Hi, if the issue is about communication and understanding in the German context, maybe one solution would be to try a robo adviser until the investor is more comfortable. There are various robo advisers that operate both in Germany and across Europe. Might be a tad more expensive than strict DIY inv...
by DJN
Mon Oct 28, 2019 5:28 am
Forum: Non-US Investing
Topic: [Non-US] Would adding US treasuries give a diversification benefit?
Replies: 4
Views: 358

Re: [Non-US] Would adding US treasuries give a diversification benefit?

Hi, I earn some of my money in $ so I keep some invested directly via $ in UCITS ETFs bond funds: - ITPS (TIPs) - IBTA (short term) I also hold some UCITS ETF bond funds in any case in addition to AGGH/EUNA as the basic bond allocation: - ITPE (inflation linked - Euro) I also started to keep some mo...
by DJN
Thu Oct 24, 2019 10:03 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2020!
Replies: 41
Views: 5489

Re: Roll Call for the Retirement Class of 2020!

Hi, I will retire from my corporate job latest 15th June 2020 (i.e. clear the desk, hand in the pass and leave the building). Have to stay abroad somewhere nice until 5th July in order to avail of tax free status for 2020. (Non-US). Thinking of Japan then Portugal and then Italy for a month. thanks...
by DJN
Thu Oct 24, 2019 5:49 am
Forum: Non-US Investing
Topic: bad experience with fee-only financial advisor in Europe (EU) - HNWI Italy
Replies: 1
Views: 274

Re: bad experience with fee-only financial advisor in Europe (EU) - HNWI Italy

Bonds From what I read on this forum so far, there is a compelling argument to hedge global gov bonds to both euro and dollars. So I was thinking just to invest in unhedged global gov funds that hold 30% in dollars and 40% in euro, in addition to a short term EU gov bonds ETF. • SAAA - iShares Glob...
by DJN
Thu Oct 24, 2019 5:01 am
Forum: Non-US Investing
Topic: [Non-US] Planning to meet a wealth management advisor for education
Replies: 16
Views: 1010

Re: [Non-US] Planning to meet a wealth management advisor for education

Hi, for what its worth a few of my personal pointers: Don't drink the coffee or take any water if offered. Stay aware at all times as they have mysterious ways of entrapping you. On the other hand if you have a complex set of circumstances then an adviser or advisers may be good value for money; for...
by DJN
Thu Oct 17, 2019 4:13 am
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 9936

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

Why did you choose an iPhone? Its an ok phone and does most things well. I get really fed up sometimes as it doesn't allow me to synchronise my Samsung smart watch which is way better than the Apple watch. There is no solution to this problem. How often do you upgrade? Every year. Why did you upgrad...
by DJN
Wed Oct 16, 2019 7:37 am
Forum: Non-US Investing
Topic: UK Investors - simplified strategy
Replies: 30
Views: 1166

Re: UK Investors - simplified strategy

Hi, It's all relative. Whatever you choose to call it, the principle is correct. If you hold 2 otherwise identical funds, one priced in USD, one priced in GBP, as the exchange rate between the two currencies fluctuates, the value of one will go up as the other goes down and vice versa. There is a si...
by DJN
Tue Oct 15, 2019 8:39 am
Forum: Personal Consumer Issues
Topic: Old bourbon whisky
Replies: 26
Views: 4089

Re: Old bourbon whisky

Hi,
a small but crucial detail to add would be that its "whiskey" and not the industrialised whisky stuff from Scotland (IMHO OC). The best American and Irish whiskeys are the way to go.
Enjoy!
DJN
by DJN
Sat Oct 12, 2019 6:28 am
Forum: Non-US Investing
Topic: LSEETF vs. AEB
Replies: 17
Views: 949

Re: LSEETF vs. AEB

Hi,
in regards to some iShares ETFs listed in LSE (including AGGH) its worth reading the following thread: viewtopic.php?f=22&t=290937
DJN
by DJN
Fri Oct 11, 2019 5:33 am
Forum: Non-US Investing
Topic: [Singapore] 40yo New Investor
Replies: 3
Views: 338

Re: [Singapore] 40yo New Investor

hi, good start. I am not sure why you consider a robo-adviser high risk? What is the total cost ratio for using one? Using a robo-adviser is one way to start your investment journey while you learn more. As long as the costs are low. Read here for a good introduction for non-US investors to the main...
by DJN
Tue Oct 08, 2019 8:55 am
Forum: Non-US Investing
Topic: Beginner investor from Lithuania seeking advice
Replies: 9
Views: 851

Re: Beginner investor from Lithuania seeking advice

Hi, good plan. I would keep everything very simple including the % allocations to the nearest 10. - 70% World stocks - 10% EM stocks - 20% AGGH And then save even more! I assume that your tax position is understood vis a vis accumulating. Can you contribute to a pension with commensurate employer co...
by DJN
Tue Oct 08, 2019 5:35 am
Forum: Non-US Investing
Topic: Beginner investor from Lithuania seeking advice
Replies: 9
Views: 851

Re: Beginner investor from Lithuania seeking advice

Hi, 1. I would suggest that your allocation should be as near as achievable to global diversification in stocks and choose a world stock ETF. 2. For stock split see 1. above. For bonds portion why not just use one of the well known global bond ETFs. AGGH, EUNA or equivalent. 3. Why not go for two ET...
by DJN
Sun Sep 29, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: "The Simple Magic of Investing in a Three-Fund Portfolio"
Replies: 22
Views: 3897

Re: "The Simple Magic of Investing in a Three-Fund Portfolio"

Hi, thanks for the reminder to keep things super simple. On the non-US part of Wiki we have included a page on building a simple 2 or 3 fund portfolio: https://www.bogleheads.org/wiki/Simple_non-US_portfolios We have to do things a little differently than the US in that we use global aggregate bond ...
by DJN
Sat Sep 28, 2019 1:26 pm
Forum: Non-US Investing
Topic: New investor just looking for a bit of advice
Replies: 19
Views: 1332

Re: New investor just looking for a bit of advice

Hi,
have a look at the Wiki both generally and under the UK:

https://www.bogleheads.org/wiki/Outline ... _domiciles
https://www.bogleheads.org/wiki/UK_investing
Pretty much everything you need to start should be somewhere in there.
DJN
by DJN
Fri Sep 27, 2019 5:35 am
Forum: Non-US Investing
Topic: Ishares is delisting ETFs from the London stock exchange.
Replies: 32
Views: 3795

Re: Ishares is delisting ETFs from the London stock exchange.

Hi,
all is normal at this moment on IBKR, AGGH is showing including price movements. I can get a quotation on the LSE but I didn't try and buy any.
DJN
by DJN
Wed Sep 25, 2019 10:01 am
Forum: Non-US Investing
Topic: 20 year old asset allocation
Replies: 2
Views: 300

Re: 20 year old asset allocation

Hi, there are good Vanguard products for investing either inside or outside an ISA / SIPPs or other tax advantaged vehicle in the UK. If that doesn't work for you then maybe tilt towards UK if that is important, the UK market makes up something like 6.5% of the global developed market so that should...
by DJN
Wed Sep 25, 2019 9:07 am
Forum: Non-US Investing
Topic: Ishares is delisting ETFs from the London stock exchange.
Replies: 32
Views: 3795

Re: Ishares is delisting ETFs from the London stock exchange.

Thanks for that, it makes sense. Because one assumes that they have a depository for all their AGGH fund types and don't use one tied to London. I think that it is State Street and they are located in Dublin. I don't think that solves the IBKR problem of accessing the right ETF and choice of exchang...
by DJN
Wed Sep 25, 2019 5:24 am
Forum: Non-US Investing
Topic: Ishares is delisting ETFs from the London stock exchange.
Replies: 32
Views: 3795

Re: Ishares is delisting ETFs from the London stock exchange.

there might be a few options involvded: 1. - Move them to Xetra, what's the fee involved? 2. - Sell them and buy them back through Xetra. The fees for doing this are probably the smallest but you should check if you have to pay tax on realized profits. 3. - Do nothing. Does that mean that your posi...
by DJN
Wed Sep 25, 2019 2:06 am
Forum: Non-US Investing
Topic: Ishares is delisting ETFs from the London stock exchange.
Replies: 32
Views: 3795

Re: Ishares is delisting ETFs from the London stock exchange.

Right but with IBKR, even though you type EUNA, you will not find the ETF because of smart routing... need to use TWS and not the app. Hi, thanks for suggestions. I am aware of the TWS version of IBKR and this unfortunately may not solve the problem. EUNA when searched retains LSE as part of the qu...
by DJN
Tue Sep 24, 2019 9:13 am
Forum: Non-US Investing
Topic: Ishares is delisting ETFs from the London stock exchange.
Replies: 32
Views: 3795

Re: Ishares is delisting ETFs from the London stock exchange.

Good that Blackrock also recommended you to transfer/purchase AGGH over XETRA too, at least it is consistent with IBKR. Hi, thanks. The only problem seems to be that I cannot access AGGH on the Xetra exchange on IBKR only on LSE. I will have to call them again. One other thing is that SGLU is now s...
by DJN
Tue Sep 24, 2019 6:46 am
Forum: Non-US Investing
Topic: Ishares is delisting ETFs from the London stock exchange.
Replies: 32
Views: 3795

Re: Ishares is delisting ETFs from the London stock exchange.

They confirmed me that on the 27th September, those still holding AGGH via LSE will see their AGGH ETF automatically sold on that date. So beware about the taxation in case of profit! I have asked them to transfer my position from AGGH LSE to EUNA XETRA, am waiting for them to tell me how much it w...
by DJN
Mon Sep 23, 2019 11:29 pm
Forum: Non-US Investing
Topic: Ishares is delisting ETFs from the London stock exchange.
Replies: 32
Views: 3795

Re: Ishares is delisting ETFs from the London stock exchange.

Hi, this information was contained in two shareholder letters dated 29th August 2019 and 9th September respectively that were posted on the iShares website: https://www.ishares.com/nl/particuliere-belegger/nl/literature/shareholder-letters/ishares-iii-plc-en-emea-shareholders-letters.pdf https://www...
by DJN
Mon Sep 23, 2019 11:08 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2020!
Replies: 41
Views: 5489

Re: Roll Call for the Retirement Class of 2020!

Excellent! Thanks again.
:D
by DJN
Mon Sep 23, 2019 5:35 am
Forum: Non-US Investing
Topic: Investing in ETFs from France
Replies: 3
Views: 455

Re: Investing in ETFs from France

Hi,
a good place to start would be to have a good read through everything available here on Wiki: https://www.bogleheads.org/wiki/Outline ... _domiciles
Then try and work out an investment plan and set out your thoughts.
DJN
by DJN
Sun Sep 22, 2019 10:10 pm
Forum: Non-US Investing
Topic: Asset allocation for europeans in EUR - Vanguard & Raisin collaboration
Replies: 5
Views: 493

Re: Asset allocation for europeans in EUR - Vanguard & Raisin collaboration

Hi Mors, I will add a link to the German site "Weltsparen" for the "Vanguard" products in the Wiki somewhere. https://www.weltsparen.de/sparplanfueralle/?utm_expid=.sBj0-emuR12nDXUgkQbunQ.1&utm_referrer=https%3A%2F%2Fwww.bogleheads.org%2Fforum%2Fposting.php%3Fmode%3Dreply%26f%3D22%26t%3D291002 Raisi...
by DJN
Sun Sep 22, 2019 9:45 am
Forum: Non-US Investing
Topic: Asset allocation for europeans in EUR - Vanguard & Raisin collaboration
Replies: 5
Views: 493

Re: Asset allocation for europeans in EUR - Vanguard & Raisin collaboration

Hi Mors,
thanks for posting that, it is interesting. Mein Deutsch ist nicht so gut, aber….it looks like it is only for Germans? Is that correct?
DJN
by DJN
Sun Sep 22, 2019 7:35 am
Forum: Non-US Investing
Topic: Corp Bonds as an alternative to FD and Gov bonds
Replies: 6
Views: 528

Re: Corp Bonds as an alternative to FD and Gov bonds

Hi, Wiki has great information on fixed income and the rationale behind using them as part of your portfolio. There is a non-US section which may be helpful to read and which provides links to the US sections where appropriate: https://www.bogleheads.org/wiki/Bond_basics_for_non-US_investors You cho...
by DJN
Sun Sep 22, 2019 1:06 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2020!
Replies: 41
Views: 5489

Re: Roll Call for the Retirement Class of 2020!

Hi, I will retire from my corporate job latest 15th June 2020 (i.e. clear the desk, hand in the pass and leave the building). Have to stay abroad somewhere nice until 5th July in order to avail of tax free status for 2020. (Non-US). Thinking of Japan then Portugal and then Italy for a month. thanks...
by DJN
Sat Sep 21, 2019 10:01 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2020!
Replies: 41
Views: 5489

Re: Roll Call for the Retirement Class of 2020!

Hi, I will retire from my corporate job latest 15th June 2020 (i.e. clear the desk, hand in the pass and leave the building). Have to stay abroad somewhere nice until 5th July in order to avail of tax free status for 2020. (Non-US). Thinking of Japan then Portugal and then Italy for a month. thanks ...
by DJN
Thu Sep 19, 2019 10:39 am
Forum: Non-US Investing
Topic: New investor (Germany and Switzerland)
Replies: 21
Views: 1166

Re: New investor (Germany and Switzerland)

having some experience of the German and Swiss markets I would suggest that you be fully aware of the difference in the cost of living between Germany and Switzerland. T here is a direct link between the higher salaries in Switzerland and the cost of living. Switzerland can be mind-blowingly expens...
by DJN
Thu Sep 19, 2019 8:23 am
Forum: Non-US Investing
Topic: Vanguard Ireland domiciled funds
Replies: 16
Views: 1077

Re: Vanguard Ireland domiciled funds

I am sure you are correct. Well both Ireland and Luxemberg are tax havens, there's no doubt about that. Both currently in trouble with EU regarding sweetheart deals. Hi, Published on July 24 2017 in the academic journal Scientific Reports, the paper Uncovering Offshore Financial Centers presented t...