Search found 1208 matches

by typical.investor
Wed Nov 13, 2019 6:42 am
Forum: Non-US Investing
Topic: Beginner - US/JP dual citizen in Tokyo
Replies: 3
Views: 144

Re: Beginner - US/JP dual citizen in Tokyo

Also, on a slightly different note. I've seen Interactive Brokers being mentioned a lot, but if I were to use them I would have to use my US citizenship and pay US taxes, correct? Please remember I am a noob and don't really know a lot of finance lingo, please speak to me like I am a toddler lol! T...
by typical.investor
Tue Nov 12, 2019 7:27 am
Forum: Non-US Investing
Topic: Advantages for US persons abroad
Replies: 37
Views: 2626

Re: Advantages for US persons abroad

Another “advantage” would be transferring appreciated shares to an NRA spouse if the spouse was resident someplace without capital gains. There is a yearly limit but it’s relatively high to make up for the fact that the NRA spouse doesn’t get the same treatment as a spouse normally would in terms of...
by typical.investor
Tue Nov 12, 2019 7:24 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 241
Views: 28582

Re: Man’s life savings stolen from hijacked cellphone number

Just by the way, I hope everyone has set up a telephone password as an extra authentication step for conversations with Vanguard. What are the best practices for securing Vanguard accounts? I feel like Vanguard's krappy 2FA using a text message code is really, really bad. I don’t use 2FA at Vanguar...
by typical.investor
Sun Nov 10, 2019 6:50 pm
Forum: Non-US Investing
Topic: Advantages for US persons abroad
Replies: 37
Views: 2626

Re: Advantages for US persons abroad

f you also qualify for a non-US pension as a result of working abroad, you do however need to watch out for SSA's 'windfall elimination provision'. https://www.americansabroad.org/windfall-elimination-provision/ I think those are increasingly rare abroad, at least in Europe. I've worked and paid in...
by typical.investor
Sun Nov 10, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: ACA Marketplace
Replies: 14
Views: 1766

Re: ACA Marketplace

ACA should cover him for emergency purposes out of network when he is at school. Have him schedule his regular checkups when he is home. $200/month for a bronze plan sounds about right. ACA does cover out of network emergencies, but only for emergency services. If hospitalization after the emergenc...
by typical.investor
Sat Nov 09, 2019 7:37 pm
Forum: Personal Investments
Topic: Small value in 50-50 retirement portfolio
Replies: 11
Views: 954

Re: Small value in 50-50 retirement portfolio

I’m investing my parents retirement funds in 50:50 portfolio. I am doing a three fund and considering 5% REIT and 5% small value (vanguard small value index fund). Is small value even at 5% too aggressive for a retiree? Thank you! At 50%-50%, no I don't think 5% of small value will be very noticeab...
by typical.investor
Wed Nov 06, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: ACA Marketplace
Replies: 14
Views: 1766

Re: ACA Marketplace

It is my opinion that the best place to get insurance is from your US employer. If that is not an option, then the ACA is your best bet. The other options rank far lower in my book. I generally agree with this. But if the 18-year-old is a student in the US and not covered as a dependent under a US-...
by typical.investor
Mon Nov 04, 2019 7:50 am
Forum: Personal Finance (Not Investing)
Topic: ACA Marketplace
Replies: 14
Views: 1766

Re: ACA Marketplace

Anyone familiar with Sidecarhealth?

https://sidecarhealth.com/
by typical.investor
Mon Nov 04, 2019 5:12 am
Forum: Personal Finance (Not Investing)
Topic: ACA Marketplace
Replies: 14
Views: 1766

ACA Marketplace

Is the ACA marketplace a good place to get insurance? * don't qualify for any subsidies * for one 18 year old who has catastrophic insurance in another country (say cancer or whatever pops up). It seems to be $200/month for 3 office visits, a couple dental checks and a $8k deductable -- which hardly...
by typical.investor
Mon Nov 04, 2019 2:23 am
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 51
Views: 4803

Re: When DID the stock market recover from 1929?

The main variables for an investor retiring is how much funds they have, their asset allocation, and their withdrawal rate. For example he may have 1m in a 50/50 portfolio and planning on a 4% withdrawal rate. What would the purpose of looking back at his portfolio returns in 2016, 2017, or 2018 be...
by typical.investor
Sun Nov 03, 2019 11:40 pm
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 51
Views: 4803

Re: When DID the stock market recover from 1929?

For the investor who retired in 1929 the run up in the 20's did not matter. They looked at their portfolio value in 1929 to make that decision, not at their cost basis. If anything, they may have thought that the 30's would be a repeat of the 20's. For the investor who retired in 1929 at 100% stock...
by typical.investor
Sun Nov 03, 2019 10:14 pm
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 51
Views: 4803

Re: When DID the stock market recover from 1929?

In inflation (deflation) adjusted terms, $10,000 growth from 08/31/1929 to 05/31/1932 = $2,307.03 08/31/1936 = $10,053.70 02/28/1937 = $11,515.39 And by ‘37, you were up to $17,839 if you’d bought in ‘27. Yeah, anyone lump summing in at the peak could face a long time to recover. For those who inhe...
by typical.investor
Sun Nov 03, 2019 9:40 pm
Forum: Investing - Theory, News & General
Topic: When DID the stock market recover from 1929?
Replies: 51
Views: 4803

Re: When DID the stock market recover from 1929?

Why do you start from 1929?

Do you really think many people lump summed in at that point?

I suspect most investors got in before that and benefitted from the spike upward 25-29. Same with Japanese investors.
by typical.investor
Sun Nov 03, 2019 4:53 am
Forum: Investing - Theory, News & General
Topic: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?
Replies: 91
Views: 5242

Re: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?

Charting Returns of Long Term US Treasury, 2X Leveraged, and 3X Leveraged This chart is from February 2010 to September 2019. Portfolio 1 is 3X leveraged long term US Treasury (TMF); portfolio 2 is 2X leveraged long term US Treasury (UBT); portfolio 3 is long term US Treasury (TLT). symbool annual ...
by typical.investor
Sun Nov 03, 2019 1:42 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 241
Views: 28582

Re: You get hacked, lost a lot of money. What can you do?

My broker is Schwab and the 2FA is not via messaging so even if the swap my SIM, they are not it. And anyway, they guarantee against unauthorized access so I believe I’d be covered.

Wells Fargo though ...yeah good question ...a swap might work there and I haven’t looked at their guarantee.
by typical.investor
Sun Nov 03, 2019 1:00 am
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3668

Re: No out of network coverage

Company is dropping out of network coverage for all but the most expensive low deductible medical plan option. I haven't used OON for years and don't plan to, but it is nice knowing it is there for emergencies or unusual situations. Most plans cover emergency situations out of network. Check your p...
by typical.investor
Sat Nov 02, 2019 4:28 am
Forum: Personal Finance (Not Investing)
Topic: 1st Tax Audit in 22 years!
Replies: 37
Views: 5324

Re: 1st Tax Audit in 22 years!

Just wanted to close the loop on this issue. I used audit defense to send paperwork to IRS. It included original loan docs, HUD-1 statement and a copy of annual interest paid. I also had to fill in a worksheet to calculate the amount of interest I could claim. That amounted to only $108K, instead o...
by typical.investor
Sat Nov 02, 2019 12:21 am
Forum: Personal Consumer Issues
Topic: VPNs
Replies: 32
Views: 3041

Re: VPNs

Recently NordVPN disclosed a security breach which happened last year: https://arstechnica.com/information-technology/2019/10/hackers-steal-secret-crypto-keys-for-nordvpn-heres-what-we-know-so-far/ While the breach itself wasn't serious, the fact they didn't disclose it for 19 months is concerning....
by typical.investor
Thu Oct 31, 2019 4:02 am
Forum: Non-US Investing
Topic: U.S. resident with foreign funds — what to do [Norway ex-pat]
Replies: 9
Views: 599

Re: U.S. resident with foreign funds — what to do [Norway ex-pat]

How do you hold nok with schwab? I also have schwab global account but if I transfer any foreign currency in they automatically convert to usd. Also can you trade Norwegian stocks online, or need to call? Do you have a Schwab Global Account or a Schwab One International Brokerage Account? The Globa...
by typical.investor
Tue Oct 29, 2019 9:59 pm
Forum: Personal Consumer Issues
Topic: VPNs
Replies: 32
Views: 3041

Re: VPNs

I have used tunnelbear in the past, considered NordVPN more recently but ended up going with Mullvad. In the end there is always going to be a trust issue with VPNs. For things like streaming, or stuff that will be encrypted anyway like banking, one is pretty much going to be as good as another. I ...
by typical.investor
Tue Oct 29, 2019 8:52 am
Forum: Personal Consumer Issues
Topic: VPNs
Replies: 32
Views: 3041

Re: VPNs

Faisal wrote:
Tue Oct 29, 2019 8:45 am
I have heard of NordVPN and Tunnel Bear so thought I would ask here first before shelling out cash.
If you will watch US streaming media services, Nord is great.

It’s a necessity for me.
by typical.investor
Tue Oct 29, 2019 8:39 am
Forum: Personal Consumer Issues
Topic: VPNs
Replies: 32
Views: 3041

Re: VPNs

Faisal wrote:
Tue Oct 29, 2019 8:31 am
Does anybody use VPNs here? If you do, which vpn would you recommend?
I use NordVPN on both a router and phone etc. and plan to stick with it!

A bit of googling usually turns up a good deal.
by typical.investor
Tue Oct 29, 2019 3:41 am
Forum: Non-US Investing
Topic: Avoiding PFIC - Individual Stocks to Buy in Europe
Replies: 9
Views: 445

Re: Avoiding PFIC - Individual Stocks to Buy in Europe

I'm new to the forum, so apologies if this has been addressed before. I'm a dual EU/US citizen resident in Europe. Having learned of the PFIC rules I'm trying to find out how to replicate an index fund using as few stocks as possible. Since I'm in Europe the cost is much lower to purchase on a Euro...
by typical.investor
Tue Oct 29, 2019 2:54 am
Forum: Investing - Theory, News & General
Topic: The Gap Between Large and Small Companies Is Growing. Why?
Replies: 21
Views: 1934

Re: The Gap Between Large and Small Companies Is Growing. Why?

Wow interesting read. One characteristic of smaller firms that were able to grow in size is said to be “larger debt raised (to finance investment)”. That really contradicts Fama French who finds low investment to mean higher returns. Ah, wait. "investment in physical assets (property, plant, equipme...
by typical.investor
Mon Oct 28, 2019 11:21 pm
Forum: Non-US Investing
Topic: EU / US citizen looking for Interactive Broker ETF investment tips
Replies: 14
Views: 1369

Re: EU / US citizen looking for Interactive Broker ETF investment tips

To add insult to injury, IB is now reported to be no longer offering US domiciled ETFs to EU residents, thanks to the EU's PRIIPs regulations. More in this posting from last year: There is actually a way to circumvent the PRIIPS rules and buy American ETFs anyway (sort of a loophole) You can for ex...
by typical.investor
Mon Oct 28, 2019 9:29 am
Forum: Non-US Investing
Topic: EU / US citizen looking for Interactive Broker ETF investment tips
Replies: 14
Views: 1369

Re: EU / US citizen looking for Interactive Broker ETF investment tips

I'm in a very similar situation as OP (American living in France), and I'm stunned at how investing is basically impossible for me. I got rejected by Vanguard, Ameritrade and Schwab, so I registered with IB. But IB won't allow me to invest in US funds or ETFs, so it seems just as useless as the oth...
by typical.investor
Mon Oct 28, 2019 3:23 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab Referral Bonus - Really Need to Keep for a Year?
Replies: 26
Views: 1731

Re: Charles Schwab Referral Bonus - Really Need to Keep for a Year?

(I also want to move my money because I get paranoid that if I lose my debit card, someone can immediately wipe out a lot of my funds. I believe the daily minimum is $1k, but that is still a lot to me. I travel a bit and have almost been pick-pocketed before.) How do they get your pin? Do you put i...
by typical.investor
Fri Oct 25, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: US citizen marrying abroad
Replies: 6
Views: 620

Re: US citizen marrying abroad

the US citizen can get a ITIN for his foreign spouse, and in that case, he can get a credit, so it will be more advantageous, because he can both efile and can get a tax credit? but in this case there is no other paperwork for the spouse again right? I mean she and her income is totally out of equa...
by typical.investor
Fri Oct 25, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: US citizen marrying abroad
Replies: 6
Views: 620

Re: US citizen marrying abroad

It is likely you will want to find an accountant or tax professional in your country of residence that can handle taxes for the USA as well as the country where you live. This will help you follow current rules, give you someone to go to for advice on questions as they come up, and keep on top of c...
by typical.investor
Fri Oct 25, 2019 7:07 am
Forum: Personal Investments
Topic: Leveraging Investment with Pledged Asset Loan
Replies: 48
Views: 2513

Re: Leveraging Investment with Pledged Asset Loan

So, it seems to me that if I am to leverage up my position in a stock index fund by borrowing at 2-3% that it does make sense to hold some bonds or interest bearing cash sufficient to cover a couple years of expenses or so to draw down on in the case of a market downturn so that I am not selling st...
by typical.investor
Wed Oct 23, 2019 4:43 am
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 4994

Re: Help me think about Pakistani bond

An example of a more opinionated view than mine is Research Affiliates' expected return/volatility chart which puts EM local bond 10yr real expected in USD terms at 4%, expected annualized volatility 14%, US large cap 0.5% real return/14% vol, non US DM stock 5.4%/17%, EM stock 7.4%/21.3%. They bel...
by typical.investor
Tue Oct 22, 2019 11:15 pm
Forum: Non-US Investing
Topic: U.S. resident with foreign funds — what to do [Norway ex-pat]
Replies: 9
Views: 599

Re: U.S. resident with foreign funds — what to do [Norway ex-pat]

Secondly, if I invest in foreign securities using USD, the value will fluctuate with the exchange rate. Just be careful here because it's tricky to understand. If you sell, transfer to the US and buy stocks with USD, the value of the USD may not matter. For instance, if you buy EU stocks with a fun...
by typical.investor
Tue Oct 22, 2019 10:02 pm
Forum: Non-US Investing
Topic: U.S. resident with foreign funds — what to do [Norway ex-pat]
Replies: 9
Views: 599

Re: U.S. resident with foreign funds — what to do [Norway ex-pat]

Welcome. I moved from Norway to the U.S. a few years ago to work. I still have money in Norway, in the form of cash and index mutual funds. After doing some research, however, it seems that the U.S. government considers such foreign funds to be PFICs, and any gains will be taxed rather steeply. As f...
by typical.investor
Tue Oct 22, 2019 8:43 pm
Forum: Personal Investments
Topic: Leveraging Investment with Pledged Asset Loan
Replies: 48
Views: 2513

Re: Leveraging Investment with Pledged Asset Loan

The funds I borrow would most likely go straight into VTI (not bonds). The point of doing this is simply to grow the size of my portfolio with fairly low risk (only have to beat ~2% factoring in taxes). If you have $2M in VTI now and you can borrow an additional $1M to also put in VTI that costs yo...
by typical.investor
Tue Oct 22, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: US tax due for wire transfer from China?
Replies: 20
Views: 1340

Re: US tax due for wire transfer from China?

There is also a qdot trust your wife could use if you died and she expected to leave money (over 60k) to a child or someone. Can be set up even after your passing but before the estate filing. I don't think that would work. As far as I can tell, the QDOT only defers confiscatory US estate taxes, it...
by typical.investor
Tue Oct 22, 2019 7:56 pm
Forum: Personal Investments
Topic: Leveraging Investment with Pledged Asset Loan
Replies: 48
Views: 2513

Re: Leveraging Investment with Pledged Asset Loan

The funds I borrow would most likely go straight into VTI (not bonds). The point of doing this is simply to grow the size of my portfolio with fairly low risk (only have to beat ~2% factoring in taxes). If you have $2M in VTI now and you can borrow an additional $1M to also put in VTI that costs yo...
by typical.investor
Tue Oct 22, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: US tax due for wire transfer from China?
Replies: 20
Views: 1340

Re: US tax due for wire transfer from China?

You also do not have unlimited transfer of assets to her. And I'm not 100% sure if a transfer from a NRA spouse over $100k needs to be reported as a gift. Can't find it in IRS docs. The annual gift tax exclusion for NRA spouse is $152k for 2018 and $155k for 2019 (indexed). See Form 709 instruction...
by typical.investor
Tue Oct 22, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: US tax due for wire transfer from China?
Replies: 20
Views: 1340

Re: US tax due for wire transfer from China?

Thank you, typical! Much, much appreciated. One more question: will my wife still be obligated to file FBAR reports after she becomes a Non-Resident Alien once again? (IE next year.) I hope not. I don’t file for mine after she abandoned the GC. She’s not a US person anymore so I can’t see why she’d...
by typical.investor
Tue Oct 22, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: US tax due for wire transfer from China?
Replies: 20
Views: 1340

Re: US tax due for wire transfer from China?

One issue to note if you never get around filing your wife's US citizenship. The estate tax laws are very different non US citizen spouses. You also do not have unlimited transfer of assets to her. Any assets left in the US over $60,000 become subject to estate taxes if you predecease her. I'm not ...
by typical.investor
Tue Oct 22, 2019 9:38 am
Forum: Personal Investments
Topic: New Investor with an Inheritance
Replies: 15
Views: 2163

Re: New Investor with an Inheritance

Simplify as much as possible, but not more. Vanguard target date fund of your choice for all of it. The end. +1 Given a period of life where you need to focus 1000% on your career, put as much of your finances on autopilot as you can. Vanguard Target Date Fund or Vanguard Life Strategy Fund Avoid f...
by typical.investor
Tue Oct 22, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: US tax due for wire transfer from China?
Replies: 20
Views: 1340

Re: US tax due for wire transfer from China?

Welcome and sorry for your loss. Yea! Anyhow, this week we decided to file the paperwork to give up the GC. We will eventually move back to the States and re-file for it, but not for several years. This is a very long way of getting to my main point. Sorry! Do make sure you file correctly and tax re...
by typical.investor
Tue Oct 22, 2019 5:23 am
Forum: Personal Finance (Not Investing)
Topic: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801
Replies: 27
Views: 1979

Re: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801

In particular, I'm trying to clarify the interplay of the following issues: (1) Residency; (2) Section 2801; (3) Completion of past U.S. income tax returns; and (4) the Estate Tax exemption. Regarding (3), I posted earlier about the 2555 Earned Income Exclusion (and Housing Deduction). You might al...
by typical.investor
Tue Oct 22, 2019 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801
Replies: 27
Views: 1979

Re: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801

In particular, I'm trying to clarify the interplay of the following issues: (1) Residency; (2) Section 2801; (3) Completion of past U.S. income tax returns; and (4) the Estate Tax exemption. I worried for some time about the possible imposition of the section 2801 tax. However, as stated above, if ...
by typical.investor
Mon Oct 21, 2019 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801
Replies: 27
Views: 1979

Re: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801

Anyway, if the OP's mother (Canadian Resident) is considered to be a US person for taxation due to her permanent residency not having been abandoned, then isn't the OP's mother due the standard estate exemption? I have not been able to access her files since June 2018 and have not been able to deter...
by typical.investor
Mon Oct 21, 2019 5:17 am
Forum: Personal Finance (Not Investing)
Topic: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801
Replies: 27
Views: 1979

Re: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801

Can you cite a case where tax liability was upheld by a court after the green card expired? I don't think the German case you cited was that. In fact, it's not applicable here. Topsnik seems to turn not on whether the green card was or was not expired, but rather on whether the green card holder fo...
by typical.investor
Sun Oct 20, 2019 9:57 pm
Forum: Personal Investments
Topic: Factor Portfolio Check
Replies: 30
Views: 2129

Re: Factor Portfolio Check

Whoah thank you so much, what an incredibly detailed response! I have to admit, I've been using the Five-Factor FF model as opposed to the Four-Factor. I figured it superseded it. For the most part, it didn't make a huge difference with your points except for FNDF vs HDEF. It looks like FNDF has a ...
by typical.investor
Sun Oct 20, 2019 9:44 pm
Forum: Personal Investments
Topic: Factor Portfolio Check
Replies: 30
Views: 2129

Re: Factor Portfolio Check

Whoah thank you so much, what an incredibly detailed response! I have to admit, I've been using the Five-Factor FF model as opposed to the Four-Factor. I figured it superseded it. For the most part, it didn't make a huge difference with your points except for FNDF vs HDEF. It looks like FNDF has a ...
by typical.investor
Sun Oct 20, 2019 8:33 pm
Forum: Personal Investments
Topic: Factor Portfolio Check
Replies: 30
Views: 2129

Re: Factor Portfolio Check

Hello, I would like to target a factor load of ~0.3 in size and value. Having read some threads (and Larry's book), I settled on the following tentative portfolio: Ok, standard warning of potentially long periods of painful underperformance just because it goes without saying when tilting. Assuming...
by typical.investor
Sun Oct 20, 2019 4:45 am
Forum: Personal Finance (Not Investing)
Topic: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801
Replies: 27
Views: 1979

Re: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801

I would find a lawyer to advise me that my mother didn't have the rights afforded a US citizen due to the expiration of the card. I wouldn't file estate taxes and I would fight if they came after me. Why should someone who doesn't have the rights afforded to a US citizen continue to pay for those r...
by typical.investor
Sun Oct 20, 2019 4:09 am
Forum: Personal Finance (Not Investing)
Topic: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801
Replies: 27
Views: 1979

Re: Tax on Inheritance by U.S. Citizen from Canadian Resident - Section 2801

From the IRS: https://www.irs.gov/individuals/international-taxpayers/alien-residency-green-card-test You are a resident, for U.S. federal tax purposes, if you are a Lawful Permanent Resident of the United States at any time during the calendar year. This is known as the "green card" test. ... You ...