Search found 382 matches

by vu8
Thu Sep 17, 2020 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Offshore Bank Account?
Replies: 24
Views: 2802

Re: Offshore Bank Account?

You're signing yourself into a load of trouble with the IRS.

Annual FBAR filing requirement, penalty of wrongful filing or late filing is 10000 dollars.

Form 8938
Form 3520
Form 3520A
by vu8
Thu Sep 17, 2020 1:33 pm
Forum: Non-US Investing
Topic: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR
Replies: 31
Views: 1605

Re: US expats: Moving from non-EU country to EU, getting locked out from US ETFs, esp. with IBKR

3 solutions
1 stay clear from the EU,move to Asia or Singapore or Oceania
2 keep your old South American address and stay as is
3 get an us address
by vu8
Sat Sep 05, 2020 1:30 am
Forum: Personal Consumer Issues
Topic: Buying guns not an option, what else
Replies: 56
Views: 5119

Re: Buying guns not an option, what else

The best solution
1 move to a gated community

2 Move to a safer country such as Monaco, Singapore, New Zealand or Canada
by vu8
Sat Sep 05, 2020 1:27 am
Forum: Personal Consumer Issues
Topic: Reducing road noise that reaches back side of house
Replies: 43
Views: 2978

Re: Reducing road noise that reaches back side of house

1 large sound absorption pads on walls, carpet rooms instead of hardwood floors
2 build a sound deterring wall along side the road
3 wear noise cancelling headphones at sleep the entire time
4 wear construction ear plugs at sleep
by vu8
Mon Aug 17, 2020 1:55 pm
Forum: Personal Consumer Issues
Topic: Thinking of moving Seattle or Vancouver, WA
Replies: 88
Views: 6255

Re: Thinking of moving Seattle or Vancouver, WA

I have one more move in me. I used to live in Portland Oregon and the Pacific Northwest can be great but the long gray winters can be hard on people. For some people it can cause a very serious clinical depression which is a lot more than just feeling blue. https://www.mayoclinic.org/diseases-condi...
by vu8
Thu Jun 18, 2020 12:04 am
Forum: Personal Investments
Topic: Canadian ETF on Toronto exchange
Replies: 10
Views: 488

Re: Canadian ETF on Toronto exchange

As a US citizen investor, you should NEVER buy non US domiciled investments. The US has a dreaded PFIC rule which is abusive and punishes any US person who invests in non US domiciled funds and investments.
by vu8
Thu Feb 20, 2020 8:28 pm
Forum: Personal Consumer Issues
Topic: HS Latin or Spanish/ASL?
Replies: 63
Views: 2589

Re: HS Latin or Spanish/ASL?

Latin is useless, a dead language
Spanish will open her up for like 80 percent of Latin America
by vu8
Tue Jan 21, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: ETF to Hold for 50 Years
Replies: 118
Views: 10883

Re: ETF to Hold for 50 Years

VT not even blinking twice
by vu8
Fri Jan 17, 2020 1:16 pm
Forum: Personal Investments
Topic: How much to hold in international equities (VTIAX)?
Replies: 248
Views: 15472

Re: How much to hold in international equities (VTIAX)?

If you like VT or VTWAX, buy that and done with betting on domestic or internationals. If you want to buy international VTIAX, buy 50%!
by vu8
Thu Jan 16, 2020 2:13 pm
Forum: Personal Investments
Topic: Fidelity 401k options to approximate VTI w VINIX and VEXAX
Replies: 6
Views: 501

Re: Fidelity 401k options to approximate VTI w VINIX and VEXAX

Yes I bought VOO (VINIX same thing) and don't wanna sell it so i bought VEXAX to compliment. All future purchases goes to VT VTWAX
by vu8
Tue Jan 14, 2020 12:08 pm
Forum: Investing - Theory, News & General
Topic: VWO and China A Shares
Replies: 23
Views: 1771

Re: VWO and China A Shares

All available information is already included in the price itself. What makes you think that other millions of investors know anything less than you about China?
by vu8
Tue Jan 07, 2020 1:52 pm
Forum: Investing - Theory, News & General
Topic: Funds availability for purchasing ETF at Schwab?
Replies: 14
Views: 1128

Re: Funds availability for purchasing ETF at Schwab?

How long have you been at Schwab and what is your account size (relative to your purchase)? I don’t have margin, but can place up to about a $45,000 (less than 10% of my account) order with $5 in cash. I do get the following notices before the trade: Caution: This buy order was accepted without suf...
by vu8
Tue Jan 07, 2020 1:31 pm
Forum: Investing - Theory, News & General
Topic: Funds availability for purchasing ETF at Schwab?
Replies: 14
Views: 1128

Re: Funds availability for purchasing ETF at Schwab?

And in your vanguard example, you are buying a fund, not an ETF. an ETF trades like a stock, and needs funds availability At Vanguard, you do not need to have funds availability before buying an ETF, even in an IRA. The funds simply have to be there by settlement. My general practice, in fact, is t...
by vu8
Tue Jan 07, 2020 12:33 pm
Forum: Investing - Theory, News & General
Topic: Funds availability for purchasing ETF at Schwab?
Replies: 14
Views: 1128

Re: Funds availability for purchasing ETF at Schwab?

Because your account is not a margin account. So for all cash accounts, i must transfer the money first and then buy the ETF? Because i know with Vangaurd I buy the mutual fund and then i can select the checking account as the funding source and money gets moved over to Vanguard after the mutual fu...
by vu8
Tue Jan 07, 2020 12:17 pm
Forum: Investing - Theory, News & General
Topic: Funds availability for purchasing ETF at Schwab?
Replies: 14
Views: 1128

Funds availability for purchasing ETF at Schwab?

Good afternoon, I transferred money via ACH from my external account to my schwab brokerage account this morning, when will the funds be available for purchasing ETF? Because I tried to place an order from Schwab, but it doesn't allow due to "insufficient funds". I thought I could buy it first and t...
by vu8
Fri Jan 03, 2020 12:47 pm
Forum: Investing - Theory, News & General
Topic: Buying VG ETF at VG vs VG ETF at Schwab vs Merrill?
Replies: 2
Views: 316

Buying VG ETF at VG vs VG ETF at Schwab vs Merrill?

Hi there, let's say if I buy 10 shares of VT at the same time at noon of a trading day, will I get better price improvement at Vanguard than I do at Schwab and Merrill? Vanguard and Fidelity does not sell order flows to high speed trading firms, Schwab and Merrill does. I've heard any execution pric...
by vu8
Mon Dec 16, 2019 11:50 am
Forum: Personal Investments
Topic: Which broker is the best for buying VG ETF over time?
Replies: 17
Views: 791

Re: Which broker is the best for buying VG ETF over time?

Can't you reinvest dividends manually with your next monthly contribution? at IB still have to pay commission if you turn on DRIP. I don't know what happened after they had their new pricing model, left before it was released. Merrill Edge invests Vanguard ETF dividends automatically with fractiona...
by vu8
Mon Dec 16, 2019 11:31 am
Forum: Personal Investments
Topic: Which broker is the best for buying VG ETF over time?
Replies: 17
Views: 791

Re: Which broker is the best for buying VG ETF over time?

Is there a reason why nobody uses IBKR here? I abandoned IBKR precisely because of 3 reasons 1 they charge you 10 dollar monthly fees if you have under 100k assets, 3 dollar monthly fee if under age of 25 2 inaccurate 1099 reporting, they updated my 1099 for last tax year 3 times 3 they charge you ...
by vu8
Mon Dec 16, 2019 10:57 am
Forum: Personal Investments
Topic: Which broker is the best for buying VG ETF over time?
Replies: 17
Views: 791

Re: Which broker is the best for buying VG ETF over time?

I hold all my VG ETFs at TDAmeritrade. As a matter of fact, I sold off some scraps to buy more VEA this morning. I use limit orders for buying and selling, so I can't be fleeced. I decide the price. If the true price is 79 dollars, and you market buy, or you limit buy 79.5 dollars, which order woul...
by vu8
Mon Dec 16, 2019 10:56 am
Forum: Personal Investments
Topic: Which broker is the best for buying VG ETF over time?
Replies: 17
Views: 791

Re: Which broker is the best for buying VG ETF over time?

Yeah I only have mutual funds at VG but I can certainly but ETF at VG, I store all of my VG ETFs at Merrill Edge, also have a Schwab account with minimal money in there. Will there be a champion among these 3 brokerages for execution prices for VG ETFs? They will all give you a different price and ...
by vu8
Mon Dec 16, 2019 10:46 am
Forum: Personal Investments
Topic: Which broker is the best for buying VG ETF over time?
Replies: 17
Views: 791

Re: Which broker is the best for buying VG ETF over time?

Where do you hold your investment accounts today? Cheers Yeah I only have mutual funds at VG but I can certainly but ETF at VG, I store all of my VG ETFs at Merrill Edge, also have a Schwab account with minimal money in there. Will there be a champion among these 3 brokerages for execution prices f...
by vu8
Mon Dec 16, 2019 10:39 am
Forum: Personal Investments
Topic: Which broker is the best for buying VG ETF over time?
Replies: 17
Views: 791

Which broker is the best for buying VG ETF over time?

Decided to buy VT consistently whenever I have cash, but worry about sloppy execution like certain "commission free" brokerages selling executions to trading firms. WHat's the best brokerage that offers the best execution price for Vanguard ETFs? I know difference isn't big but still don't want to b...
by vu8
Wed Dec 04, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can retirees really save by moving to a state without income tax?
Replies: 143
Views: 12066

Re: How much money can retirees really save by moving to a state without income tax?

income tax is just like mutual fund expense ratio, except hundreds of times worse. If we care a lot about index funds expense ratios, which is maybe a couple basis points apart, why are we all of the sudden taciturn when it comes to state income taxes, which usually ranges from 5% to 15%? if a mutua...
by vu8
Mon Nov 25, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Any credit cards that can beat the Citi doublecash?
Replies: 72
Views: 11775

Re: Any credit cards that can beat the Citi doublecash?

Is there an update since March? I realized that costco gas is cheaper than anywhere else's so have been shopping at costco ever since July lol you can only use visa cards at costco but costco's proprietary credit card not only has no FTF fee but also has cash back on gas i think it's 4%. 4% on elig...
by vu8
Mon Nov 25, 2019 3:19 pm
Forum: Personal Investments
Topic: Should I just buy VT (total world etf)?
Replies: 29
Views: 3702

Re: Should I just buy VT (total world etf)?

Bit the bullet and have sell orders for US TSM and Intenational. Bought some VT with cash on hand. Will buy a bunch once the two MFs sell. All new money will be put into VT from now on too. Except when I need some more bonds to balance out AA. Things will be much simpler from now on :sharebeer kudo...
by vu8
Mon Nov 25, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 441
Views: 35646

Re: Retirement Friendly States

Best South American countries for retirees: Mexico(High crime rate, fantastic immigration policy), Panama, (Florida), Dominican Republic, Chile (any country with a rentista visa, exclusively designed for relatively wealthy retirees) Best asia-pacific countries for energetic retirees: Singapore, Hong...
by vu8
Mon Nov 25, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 441
Views: 35646

Re: Retirement Friendly States

marstaton4 wrote: Mon Nov 25, 2019 10:35 am
vu8 wrote: Mon Nov 25, 2019 10:33 am States with no state income taxes: Washington, Nevada, Texas, Wyoming, South Dakota, Florida and Alaska
Isn't Tennessee on here as well?
Tennessee taxes dividends and interests that's the problem
by vu8
Mon Nov 25, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Friendly States
Replies: 441
Views: 35646

Re: Retirement Friendly States

States with no state income taxes: Washington, Nevada, Texas, Wyoming, South Dakota, Florida and Alaska
by vu8
Mon Nov 25, 2019 9:52 am
Forum: Personal Investments
Topic: Should I just buy VT (total world etf)?
Replies: 29
Views: 3702

Re: Should I just buy VT (total world etf)?

VT is insanely simple, clear, and concise. It took me a while to realize the importance of all world diversification beyond home country. All of my future contributions will go to VTWAX exclusively. All just for the simplicity, and no need to panic about anything in the future.
by vu8
Mon Nov 04, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Should Chinese wife keep her China Citizenship?
Replies: 15
Views: 1888

Re: Should Chinese wife keep her China Citizenship?

Chinese citizenship is one of the most difficult citizenship to obtain in the world. SHe will have to pay for pricey visas everytime she visits china. She will have a dramatically difficult time when she inherits properties and tries to prove her Chinese identity. She will never have the option of l...
by vu8
Fri Sep 13, 2019 9:44 am
Forum: Non-US Investing
Topic: Investor from Singapore
Replies: 25
Views: 3248

Re: Investor from Singapore

I'm not a big fan of rebalancing or bonds, I just buy my VTWAX (VWRA) and never bother rebalancing lol. Commodities, and Forex are both speculative gambling. Bond yields too little, in a year with 3% inflation the entire yield from bond funds will be eaten away. Not to mention the expense ratio on t...
by vu8
Sat Aug 10, 2019 10:12 am
Forum: Non-US Investing
Topic: Low cost brokerages that are based outside of US and HK?
Replies: 1
Views: 251

Low cost brokerages that are based outside of US and HK?

Hi there, I really wish I could find low commission, no monthly fee, no custody fee, no AUM fee brokerages that are not based in US like Interactive Brokers, and not requiring EU accounts like DeGiro. This is for non US resident people. My preliminary finds: 1 HSBC Expat Account (Jersey Channel Isla...
by vu8
Sun Aug 04, 2019 9:24 am
Forum: Non-US Investing
Topic: VWRA and call it a day or VWRA+ small caps and EM?
Replies: 10
Views: 2327

VWRA and call it a day or VWRA+ small caps and EM?

Hi there, VWRA has 3256 stocks, This is way smaller than VT's 8228 stocks, is there something made by Vanguard that investors can supplement for non resident non US investors to Mimic VT or even surpass VT with VWRA+ something else? is there a percentage for VWRA+ something else(by vanguard)? and is...
by vu8
Mon Jul 29, 2019 6:08 pm
Forum: Non-US Investing
Topic: Are Irish domiciled ETFs the BEST for non states investors?
Replies: 5
Views: 644

Re: Are Irish domiciled ETFs the BEST for non states investors?

Luxembourg is a popular ETF domicile, and like Ireland it has a 15% treaty rate with the US. However, under the treaty Luxembourg domiciled funds and ETFs cannot use this rate, so Ireland still wins. Excellent Answer! Solid Answer! What do you think about this Mutual Fund? Rakuten-Vanguard All Worl...
by vu8
Sun Jul 28, 2019 10:42 pm
Forum: Non-US Investing
Topic: Are Irish domiciled ETFs the BEST for non states investors?
Replies: 5
Views: 644

Are Irish domiciled ETFs the BEST for non states investors?

Good evening: We know that the Irish based ETFs are the best choice because the withholdings are 15%, but is there an alternative ETF domicile that saves investor even more tax withholdings than the Irish domiciled ETFs? or the Irish domiciled ETFs are the Absolutely Best non states investors can ac...
by vu8
Sun Jul 28, 2019 9:56 pm
Forum: Non-US Investing
Topic: Is it better for Chinese Citizens to buy VT or VWRD?
Replies: 6
Views: 768

Re: Is it better for Chinese Citizens to buy VT or VWRD?

This means that everything a Chinese resident holds above $60,000 in US stocks, funds, or US domiciled ETFs (such as VT) is at risk from US estate tax at between 26% and 40% of the complete balance. VWRD is completely free of any US estate tax issues or risks. That is an excellent point! So one cou...
by vu8
Sun Jul 28, 2019 11:28 am
Forum: Non-US Investing
Topic: Is it better for Chinese Citizens to buy VT or VWRD?
Replies: 6
Views: 768

Is it better for Chinese Citizens to buy VT or VWRD?

Hi there, so if you are a Chinese Citizen living outside of the US, should you hold VT or should you hold VWRD? I know that the withholding for VWRD is 15% and 5% since it is Irish based, for VT and Chinese Citizens it's 10% and 10%. Here's IRS's tax treaty table: https://www.irs.gov/pub/irs-utl/Tax...
by vu8
Fri Jul 26, 2019 9:22 pm
Forum: Non-US Investing
Topic: Best non-US broker in July 2019?
Replies: 11
Views: 1450

Best non-US broker in July 2019?

Hi there! I know that IB and Schwab Global are good, but both are US based broker and I just want to seek alternatives that opens account for non-US people without residency requirements. My criteria: absolutely NO custody fees, like the ones charged by Saxo Bank No monthly maintenance fees (Okay wi...
by vu8
Sun Jul 21, 2019 9:38 am
Forum: Personal Finance (Not Investing)
Topic: MBA worth it?
Replies: 95
Views: 9289

Re: MBA worth it?

Only if it comes out of a VERY GOOD university such as U Penn, Harvard, Yale, Princeton, NYU Stern, Stanford, Berkeley, Duke or U Michigan. Basically if it's not a well known quality U you're wasting time and money.
by vu8
Sun Jun 23, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Any Mint Mobile customers here?
Replies: 38
Views: 3136

Re: Any Mint Mobile customers here?

I switched from mint mobile to sprint because I was using 15-16GB data a month. When you reach their data limit they slow you down to a completely unbearable speed. Sprint had a kickstarter 25 unlimited lte plan so I immediately switched.
by vu8
Thu Jun 20, 2019 12:54 pm
Forum: Personal Investments
Topic: How to I allocate to China A Shares if I hold VTIAX?
Replies: 8
Views: 585

Re: How to I allocate to China A Shares if I hold VTIAX?

Not full market weight right? The full amount given the inclusion factor was my understanding. So that raises a very good question, let's suppose that if I would like to include A shares as my international allocation at full market weight, how many percent of VEA and VWO should I have to piece tog...
by vu8
Thu Jun 20, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Excluding International All Together?
Replies: 82
Views: 10666

Re: Excluding International All Together?

Backtesting won't work for the future. 50% International 50% US is what I do. Everybody only wants to listen to stuff they like to hear in the first place. I used to be 100% in VOO. Then I added VXF and VTI, then I added 50% international. Because nobody can guarantee that the US won't be like Japan...
by vu8
Thu Jun 20, 2019 10:44 am
Forum: Personal Investments
Topic: How to I allocate to China A Shares if I hold VTIAX?
Replies: 8
Views: 585

Re: How to I allocate to China A Shares if I hold VTIAX?

Interestingly, VTIAX will likely begin including China A Shares next week. The FTSE Global Equity Index Series, part of which VTIAX tracks, is phasing in conclusion of these shares starting on June 24, 2019 and concluding on March 23, 2020. This means that VTIAX will include China A Shares at marke...
by vu8
Thu Jun 20, 2019 9:45 am
Forum: Personal Investments
Topic: How to I allocate to China A Shares if I hold VTIAX?
Replies: 8
Views: 585

How to I allocate to China A Shares if I hold VTIAX?

Hi there, since VTIAX doesn't hold Chinese A shares, how do I invest or allocate my investments so I would have a good exposure of A shares? Right now how I allocate is 50 percent developed index and 50 percent emerging index in my international portion of my allocation. If I would like to just buy ...
by vu8
Fri Jun 14, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Article on high deductible health plans - and the math
Replies: 120
Views: 10746

Re: Article on high deductible health plans - and the math

Do you know how much China's universal basic resident healthcare plan for the whole year of 2018 costs? About 29 dollars! For a whole year!
by vu8
Thu Jun 13, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: Should you buy VTSAX or VTI in a taxable account?
Replies: 16
Views: 2118

Re: Should you buy VTSAX or VTI in a taxable account?

They gonna do the same in the long run. Sadly VTI will have slightly lower cost in the future I think...
by vu8
Wed Jun 12, 2019 7:23 pm
Forum: Personal Investments
Topic: Best HSA account as of June 2019?
Replies: 14
Views: 1599

Re: Best HSA account as of June 2019?

If you don't want to use Fidelity index funds for whatever reason, you can also use iShares ETFs commission-free in a Fidelity HSA. If you really want to use Vanguard ETFs for whatever reason, then you can still purchase them and pay a $4.95 trading fee. Since many folks will only hold one fund in ...
by vu8
Wed Jun 12, 2019 5:51 pm
Forum: Personal Investments
Topic: Best HSA account as of June 2019?
Replies: 14
Views: 1599

Re: Best HSA account as of June 2019?

There have been a number of posts on this topic, you can use the search box... I'm not sure there is one that hits all 3 of your criteria, but you can certainly do far worse than Fidelity, it hits 2 of your 3 criteria and with a slight modification hits all your criteria No fees No min balances, no...
by vu8
Wed Jun 12, 2019 4:39 pm
Forum: Personal Consumer Issues
Topic: Recommend an American medium size car
Replies: 32
Views: 2758

Re: Recommend an American medium size car

Toyota Camry, Honda Accord... If you want quality and your car to last long without breaking down because of planned obsolescence
by vu8
Wed Jun 12, 2019 4:38 pm
Forum: Personal Investments
Topic: Best HSA account as of June 2019?
Replies: 14
Views: 1599

Best HSA account as of June 2019?

Good day, I'm about to get a high deductible health plan. What are some of the absolute best HSA plans as of today? Criteria: 1 Absolutely no fees, no monthly fees, no annual fees, no low balance fees 2 Access of Vanguard funds or ETFs, WITHOUT any trading commissions 3 Does not require any minimum ...