Search found 12 matches

by UpFrom100
Sun Feb 10, 2019 7:36 pm
Forum: Personal Investments
Topic: New portfolio advice
Replies: 8
Views: 548

Re: New portfolio advice

dc11 wrote:
Sun Feb 10, 2019 5:26 pm
Emergency funds: $75,000 local bank
I'd stick that emergency fund into a high yield savings account rather than having it sit in your local bank.
by UpFrom100
Sat Feb 09, 2019 12:48 pm
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

TedSwippet wrote:
Sat Feb 09, 2019 9:12 am

Horrible, isn't it? Pretty much a wholesale overriding of the treaty for US persons, with just a handful of let-outs.
Almost makes one want to give up their US citizenship...until you find out about the "exit tax" :oops: They get you there, too. No way out!
by UpFrom100
Fri Feb 08, 2019 12:13 pm
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

I would not close out a US account if you leave the USA, because you can be trapped with no investment options. In worst case, you move money into the USA, invest through that account you kept open (I'd be tempted to have 2, in case one of the fund management companies decides to shut you down), an...
by UpFrom100
Fri Feb 08, 2019 1:18 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

I guess since nobody is hooting and hollering about this bit: Her i401k at TD Ameritrade (Core Four Portfolio taken from https://www.bogleheads.org/wiki/Lazy_po ... portfolios) (If I do Core Four for i401k it will be 26.30%) SPDR® Portfolio Aggregate Bond ETF (SPAB) (expense ratio: 0.03%) (If I do C...
by UpFrom100
Fri Feb 08, 2019 1:12 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

Remember 2000-03 was not a quick down and then back up again like 2008-09 but a long steady, volatile, drip drip of pain. I don't, actually - I was 18 and didn't know a share from my elbow. But I can try to imagine! "healthy risk appetite" - most of us middle class types, in our lives, have never r...
by UpFrom100
Fri Feb 08, 2019 12:49 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

The difference is modest. Do what makes you comfortable and are going to be able to stick with through thick and thin, so that you don’t end up making impulsive (over-)corrections at inopportune moments. It's so difficult to know, before you've had your limits tested, isn't it? I put my first few g...
by UpFrom100
Fri Feb 08, 2019 12:31 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

The tl;dr is that the topic author can ignore (hooray!) both PFIC and UK 'reporting' status when selecting 401k or IRA investments . Hooray indeed, as that's (part of) the concern of the day, for now. For anything else though, some planning and a bit of quality time with the US/UK tax treaty is pro...
by UpFrom100
Fri Feb 08, 2019 12:24 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

I would go for a global equity fund (ie world including USA), and a US Treasury bond fund. And that's it. If you have to split US/ non US then 55% USA 45% non USA is fairly close to actual world weightings. So that's 3 funds. Such a global equity fund sounds like a "one fund to rule them all" kind ...
by UpFrom100
Fri Feb 08, 2019 12:03 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

Think you’re confusing international investing (exposure to non-US companies/markets) with fund domicile. As a US investor, you need to stick with US domiciled funds/ETFs due to PFIC rules (or individual stocks domiciled anywhere, but that’s another story). But there is no reason not to invest in U...
by UpFrom100
Sun Feb 03, 2019 8:33 pm
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / UK citizen]

Apologies all; I meant to write 70% stocks, 30% bonds but got my wires crossed, hence why I was asking if that might be too conservative for a 37 year old with a fairly healthy risk appetite- was thinking perhaps of going up to 80/20 stocks/bonds.
by UpFrom100
Sun Feb 03, 2019 11:30 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Re: Sense check on allocation for solo 401k [dual US / European citizen]

Feel free to start a new topic in that forum.
Thank you! May I leave this post as-is, and start a new thread in the Non-US Investing Forum specifically about the PFIC question? Or would that be considered double posting?
by UpFrom100
Sun Feb 03, 2019 2:45 am
Forum: Personal Investments
Topic: Sense check on allocation for solo 401k [dual US / UK citizen]
Replies: 20
Views: 914

Sense check on allocation for solo 401k [dual US / UK citizen]

Hello hello. Noob 1st time poster here who's very happy to have found this forum and hoping they might get some advice from a few of the many clever people on these boards. Dual US/UK citizen here, currently living in California as a 1099 worker and married to a Brit who is here on a Green Card (W2 ...