Search found 46 matches

by sublimelaconic
Tue Feb 09, 2021 10:38 pm
Forum: Non-US Investing
Topic: Choosing riskier funds
Replies: 3
Views: 1010

Choosing riskier funds

Some info about me: 28 Philippines Has emergency fund No debt Current portfolio: 80% iShares Core MSCI World UCITS ETF accumulating (TER 0.2) 10% iShares Core MSCI EM IMI UCITS ETF accumulating (TER 0.18) I'm willing to take on more risk for the remaining 10% of my portfolio. I was thinking of one o...
by sublimelaconic
Thu Jan 14, 2021 6:36 am
Forum: Non-US Investing
Topic: Interactive Brokers - Withholding tax/fund held under their name?
Replies: 16
Views: 1400

Re: Interactive Brokers - Withholding tax/fund held under their name?

I also own Irish domiciled ETFs in IB (under TradeStation Global) but never bothered to check. How do I confirm level 2 withholding taxes? In my case (and seemingly the typical case), the absence of level 2 withholding taxes can be observed in the cash activity. For example, a dividend credit can b...
by sublimelaconic
Thu Jan 14, 2021 3:33 am
Forum: Non-US Investing
Topic: Interactive Brokers - Withholding tax/fund held under their name?
Replies: 16
Views: 1400

Re: Interactive Brokers - Withholding tax/fund held under their name?

... First concern: I asked them if there would be any withholding tax on Irish domiciled funds, and I was told yes...They mentioned that the funds/stocks are held in the name of IBKR, not the client, therefore the funds would not know that I am non-resident of Ireland (eligible for an exemption on ...
by sublimelaconic
Sat Dec 05, 2020 12:49 am
Forum: Non-US Investing
Topic: Comparing VWRA with IWDA+EMIM combination
Replies: 37
Views: 11815

Re: Comparing VWRA with IWDA+EMIM combination

I'm currently holding 88% IWDA and 12% EIMI. But I want to make the shift to VWRA.

1. Do I sell IWDA+EIMI?

2. Keep it as is and just buy VWRA? If so, do I still need to rebalance IWDA+EIMI in the future?
by sublimelaconic
Fri Nov 20, 2020 1:26 am
Forum: Non-US Investing
Topic: I took a 10yr loan to buy TSLA shares
Replies: 210
Views: 26276

Re: I took a 10yr loan to buy TSLA shares [Austria]

Sorry to hijack OP's thread but I just wanted to confirm: The same "US estate tax rules" applied to ETFs also apply to individual stocks, right? Since TSLA is a US company and my country does not have an estate tax treaty with the US, then I should not hold more than $60,000 of said compan...
by sublimelaconic
Thu Oct 01, 2020 1:26 am
Forum: Non-US Investing
Topic: Tradestation Global - anyone here use this platform?
Replies: 9
Views: 2157

Re: Tradestation Global - anyone here use this platform?

Has anyone else used it? I'd like to hear stories from actual customers but there are almost no reviews on the internet. OP, did you end up going for this broker? Yes, very happy with that decision. For reviews, you can check this out: https://brokerchooser.com/broker-reviews/tradestation-global-re...
by sublimelaconic
Mon Aug 31, 2020 7:27 am
Forum: Non-US Investing
Topic: USD currency risk as a non-US investor
Replies: 49
Views: 3311

Re: USD currency risk as a non-US investor

As all the companies are highly globalized and thus currency risk is very complex (revenues made of 100+ differenct currencies from all around the world), it still leaves me with the question what and if I should do anything about it. There is very little currency risk in equity investing, and that...
by sublimelaconic
Mon Aug 31, 2020 7:12 am
Forum: Non-US Investing
Topic: How to determine the dividend yield for accumulating ETFs?
Replies: 8
Views: 830

How to determine the dividend yield for accumulating ETFs?

For instance: iShares Core MSCI World UCITS (IWDA)

Also do I get notified whenever there's a dividend payout?

If both are not possible, how do I make sure that I'm actually receiving dividends from that fund?
by sublimelaconic
Thu May 07, 2020 4:13 am
Forum: Non-US Investing
Topic: Will work in Japan for one year. What are the implications for my brokerage account?
Replies: 2
Views: 344

Will work in Japan for one year. What are the implications for my brokerage account?

Country of residence is the Philippines. I already have a Tradestation Global/IBKR account. My company is assigning me to work in Japan for at least a year. I assume I will be staying in Japan on a working visa. • While in Japan, will I be able to purchase US-domiciled funds/stocks and get the benef...
by sublimelaconic
Sun Feb 09, 2020 1:28 am
Forum: Non-US Investing
Topic: VDEV - Liquidity too low?
Replies: 9
Views: 839

Re: VDEV - Liquidity too low?

Hi Bogleheads, I had recently settled on doing the VDEV/VDEM split recommended by boglebot (developed and emerging markets) for my equity portion of my portfolio. However, taking a look on morningstar, the volume was "565", which seems awfully low compared to, say VDEM, with volume at 76,...
by sublimelaconic
Sat Feb 08, 2020 9:57 pm
Forum: Non-US Investing
Topic: VDEV - Liquidity too low?
Replies: 9
Views: 839

Re: VDEV - Liquidity too low?

Hi Bogleheads, I had recently settled on doing the VDEV/VDEM split recommended by boglebot (developed and emerging markets) for my equity portion of my portfolio. However, taking a look on morningstar, the volume was "565", which seems awfully low compared to, say VDEM, with volume at 76,...
by sublimelaconic
Fri Jan 31, 2020 4:20 am
Forum: Non-US Investing
Topic: Choosing between Global Aggregate Bond ETF and US Treasury Bond ETF
Replies: 1
Views: 431

Choosing between Global Aggregate Bond ETF and US Treasury Bond ETF

Can someone please explain to me the difference between these two fixed income ETFs? And when and why should I choose one over the other? I'm specifically talking about these two funds: 1. AGGU iShares Core Global Aggregate Bond UCITS ETF IE00BZ043R46 (TER 0.10%) 2. VDTA USD Treasury Bond UCITS ETF ...
by sublimelaconic
Sun Jan 26, 2020 8:08 am
Forum: Non-US Investing
Topic: [Non-US] What makes iShares so popular? How much does that matter?
Replies: 31
Views: 5287

Re: What makes iShares so popular? How much does that matter?

One addendum... the spreads on VDEV/VDEM are half that on VHVE/VFEA. For info, VDEV/VDEM are the relatively well established distributing flavours of Vanguard Developed World/Emerging Markets. VHVE/VFEA are the recently accumulating flavours. So for a $100k investment, one would be like paying an e...
by sublimelaconic
Fri Jan 24, 2020 4:35 am
Forum: Non-US Investing
Topic: IWDA vs VHVE
Replies: 2
Views: 928

IWDA vs VHVE

IWDA iShares Core MSCI World UCITS ETF, TER 0.20% VHVE Vanguard FTSE Developed World UCITS ETF, TER 0.12% What are the things that I need to consider in choosing between these two funds? Expense? VHVE is cheaper compared to IWDA. Diversification? FTSE index (VHVE) has more holdings compared to the M...
by sublimelaconic
Thu Jan 16, 2020 1:11 am
Forum: Non-US Investing
Topic: To what currency should I hedge my fixed income (non-US and non-EU)?
Replies: 8
Views: 773

Re: To what currency should I hedge my fixed income (non-US and non-EU)?

My guess is USD is an unofficial currency in Philippines? You cannot hedge into renimbi, another potential choice. Thus, USD is the closest proxy to your own currency & the one you are dealing in. So, for stability, I would go with USD. Thank you. Additional questions: The ideal scenario is hed...
by sublimelaconic
Mon Jan 13, 2020 7:07 am
Forum: Non-US Investing
Topic: To what currency should I hedge my fixed income (non-US and non-EU)?
Replies: 8
Views: 773

Re: To what currency should I hedge my fixed income (non-US and non-EU)?

Sorry if this question seems rather basic. Anyway, country is the Philippines. For now (retirement is still very far off), I plan to retire in the Philippines also. I'll be using USD to purchase shares of my chosen ETFs (after converting local currency). Should I choose USD hedged or some other cur...
by sublimelaconic
Mon Jan 13, 2020 3:39 am
Forum: Non-US Investing
Topic: To what currency should I hedge my fixed income (non-US and non-EU)?
Replies: 8
Views: 773

Re: To what currency should I hedge my fixed income (non-US and non-EU)?

Sorry if this question seems rather basic. Anyway, country is the Philippines. For now (retirement is still very far off), I plan to retire in the Philippines also. I'll be using USD to purchase shares of my chosen ETFs (after converting local currency). Should I choose USD hedged or some other cur...
by sublimelaconic
Mon Jan 13, 2020 3:16 am
Forum: Non-US Investing
Topic: To what currency should I hedge my fixed income (non-US and non-EU)?
Replies: 8
Views: 773

To what currency should I hedge my fixed income (non-US and non-EU)?

Sorry if this question seems rather basic. Anyway, country is the Philippines. For now (retirement is still very far off), I plan to retire in the Philippines also. I'll be using USD to purchase shares of my chosen ETFs (after converting local currency). Should I choose USD hedged or some other curr...
by sublimelaconic
Thu Dec 26, 2019 9:47 am
Forum: Non-US Investing
Topic: Would a stable job (i.e. your current salary) + investments on an index tracking fund be enough for YOU?
Replies: 32
Views: 2291

Re: Would a stable job (i.e. your current salary) + investments on an index tracking fund be enough for YOU?

Absolutely. As long as it meets my needs with a some wants along the way, I'm content with stability in salary and investments. The K.I.S.S. method - Keep It Simple, Stupid - works well. Why fix something that isn't broken? It may be boring but it usually works with enough time. Some out there woul...
by sublimelaconic
Thu Dec 26, 2019 9:21 am
Forum: Non-US Investing
Topic: Would a stable job (i.e. your current salary) + investments on an index tracking fund be enough for YOU?
Replies: 32
Views: 2291

Would a stable job (i.e. your current salary) + investments on an index tracking fund be enough for YOU?

Considering only those two means - meaning you hypothetically give up other income streams - would you still be able to achieve all your financial goals? Reason I'm asking is I want my finances to be as simple as possible, and I don't plan on engaging in any other business venture. I'm also quite ne...
by sublimelaconic
Sun Dec 22, 2019 3:48 pm
Forum: Non-US Investing
Topic: Is International Diversification really necessary for Resident Indian?
Replies: 65
Views: 2482

Re: Is International Diversification really necessary for Resident Indian?

Anon9001: According to https://investor.vanguard.com/mutual-funds/profile/portfolio/vtwax India represents 1.1% of the world stock market. I would strongly recommend VT (or its equivalent Total World like VWRA) for Indian investors. On the bond side, I would go with VAGU (or its equivalent), but th...
by sublimelaconic
Sat Dec 21, 2019 9:54 am
Forum: Non-US Investing
Topic: Does anyone own individual stocks?
Replies: 28
Views: 1996

Re: Does anyone own individual stocks?

Thanks to all that responded. Your responses have been very helpful! Regarding triggering estate tax: the scenario I was thinking was that I would buy 1 or 2 shares of companies like Amazon, Alphabet, etc. which would comprise less than 5% of my portfolio. Every time the value reaches $60,000 would ...
by sublimelaconic
Sat Dec 21, 2019 4:34 am
Forum: Non-US Investing
Topic: Does anyone own individual stocks?
Replies: 28
Views: 1996

Does anyone own individual stocks?

Particularly US companies. If I keep the value below $60,000 (to avoid estate tax) and choose companies that don't give out dividends like Amazon, Alphabet, Netflix, etc. would it be a good idea to own a couple of shares of these companies? On one hand, it goes against the bogleheads philosophy and ...
by sublimelaconic
Fri Dec 20, 2019 1:02 am
Forum: Non-US Investing
Topic: Two-fund portfolio strategies?
Replies: 8
Views: 1203

Re: Two-fund portfolio strategies?

I'm planning on having a two-fund portfolio consisting of: 80% IWDA iShares Core MSCI World UCITS ETF, TER 0.20% 20% AGGU iShares Core Global Aggregate Bond UCITS ETF, TER 0.10% Questions: 1. How often should I rebalance? Is rebalancing once a year enough? Once a year will be more than often enough...
by sublimelaconic
Wed Dec 18, 2019 1:42 am
Forum: Non-US Investing
Topic: Two-fund portfolio strategies?
Replies: 8
Views: 1203

Two-fund portfolio strategies?

Hi, I'm planning on having a two-fund portfolio consisting of: 80% IWDA iShares Core MSCI World UCITS ETF, TER 0.20% 20% AGGU iShares Core Global Aggregate Bond UCITS ETF, TER 0.10% Questions: 1. How often should I rebalance? Is rebalancing once a year enough? 2. Is it wise to set a "threshold&...
by sublimelaconic
Mon Nov 25, 2019 4:23 am
Forum: Non-US Investing
Topic: Experience with Schwab as a Non-US Resident Alien?
Replies: 12
Views: 3053

Re: Experience with Schwab as a Non-US Resident Alien?

I don’t have first-hand experience, but have to ask - why Schwab? Are you aware of the extensive drawbacks with US-domiciled funds/ETFs for NRAs? Or is this for non-US-situs holdings? I have inquired with Vanguard, Interactive Brokers, TD Ameritrade and Fidelity. All were not available for Philippi...
by sublimelaconic
Fri Nov 08, 2019 4:17 am
Forum: Non-US Investing
Topic: Tradestation Global - anyone here use this platform?
Replies: 9
Views: 2157

Re: Tradestation Global - anyone here use this platform?

There is no inactivity fee, I use it. Read the terms and conditions, they are an introducing broker to IB. What does it mean exactly, I do not know. Thanks for that confirmation. Another clarification: do the fees indicated here also apply to "Tradestation Global"? Particularly the "...
by sublimelaconic
Thu Nov 07, 2019 6:49 am
Forum: Non-US Investing
Topic: Tradestation Global - anyone here use this platform?
Replies: 9
Views: 2157

Tradestation Global - anyone here use this platform?

I was on the lookout for a broker who had the cheapest fees for my needs: 1. Buy and hold up to 3 ETFs 2. Low capital (initially around USD 4000) 3. 2-3 trades per year 4. No inactivity fees 5. No custody fees 6. No deposit and withdrawal fees 7. Low to high commissions (around USD 20 maximum per tr...
by sublimelaconic
Sun Oct 27, 2019 1:20 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1574

Re: Portfolio help, Investing with small capital

Thanks so much for your help, Valuethinker! :sharebeer
by sublimelaconic
Fri Oct 25, 2019 2:02 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1574

Re: Portfolio help, Investing with small capital

It's not pleasant. Being 1.2% on a $10k account. How long before your fund would be, say $20k? Rough estimate is it would take me around 1-2 years to reach $20K. I know an additional 1.2% is pretty high, but then again, I believe the gains will be far greater compared to investing solely in Philipp...
by sublimelaconic
Thu Oct 24, 2019 4:57 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1574

Re: Portfolio help, Investing with small capital

2. For brokers, my only options are TD Ameritrade and Interactive Brokers. IB is the obvious choice, but unfortunately for me they have maintenance fees which I cannot take advantage of. I feel these maintenance fees hurt investors like me who have quite a small capital. Would you agree? Which brok...
by sublimelaconic
Thu Oct 24, 2019 4:00 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1574

Re: Portfolio help, Investing with small capital

Let's measure the benefit of using Ireland ETFs instead of US ETFs. The extra 15% dividend tax is worth around 0.3% in TER. On a fund of $20,000, that's $60 USD/year already. As your fund grows, the tax saved is bigger, while the maintenance fee can only go lower. Also remember that $120 is a cap -...
by sublimelaconic
Thu Oct 24, 2019 12:18 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1574

Re: Portfolio help, Investing with small capital

es. You do not want too much exposure to the Philippines - you are already exposed via your job, equity in home (if you own one) and any bank accounts, etc. Similarly with Emerging Markets - China is 1/3rd, ish. The economic success of the Philippines will be tied in some ways to that of China. My ...
by sublimelaconic
Wed Oct 23, 2019 2:38 am
Forum: Non-US Investing
Topic: Portfolio help, Investing with small capital
Replies: 15
Views: 1574

Portfolio help, Investing with small capital

Hi, I plan on starting sometime next year. Country of Residence: Philippines Currency: USD Emergency funds: Covered Debt: 0 Age: 27 Investment plan: My initial investment will be around $4000. Subsequent transfers will be done once a year with at least $3000. This is so I can lessen the wire transfe...
by sublimelaconic
Wed Oct 02, 2019 4:48 am
Forum: Non-US Investing
Topic: Interactive Brokers Lite
Replies: 8
Views: 2338

Re: Interactive Brokers Lite

Will IBKR Lite be available for all countries (I'm from the Philippines)? You can go to IB and check. It says where it will be available. It also lists the catches. I'm checking here: https://www.interactivebrokers.com/en/index.php?f=45196 Where does it indicate the countries available and the catc...
by sublimelaconic
Wed Oct 02, 2019 3:44 am
Forum: Non-US Investing
Topic: Interactive Brokers Lite
Replies: 8
Views: 2338

Interactive Brokers Lite

So Interactive Brokers just announced IBKR Lite. The big thing for me (as someone who plans to start investing <$5,000 next year) is that the maintenance fees are now waived. Other notable change include: only fixed pricing for non-US stocks and ETFs. Is there any catch? Will IBKR Lite be available ...
by sublimelaconic
Fri Aug 23, 2019 4:27 am
Forum: Non-US Investing
Topic: Advice needed on my portfolio (Philippines)
Replies: 5
Views: 697

Re: Advice needed on my portfolio (Philippines)

I would argue you don't need EM if you live in an EM. However it's not a big issue because of course the economy & stock market of Brazil, say, are not perfectly correlated with your home market. However China is c 40% of EM indices, and that does have a greater correlation. I would question wh...
by sublimelaconic
Thu Aug 22, 2019 10:20 pm
Forum: Non-US Investing
Topic: Advice needed on my portfolio (Philippines)
Replies: 5
Views: 697

Re: Advice needed on my portfolio (Philippines)

1. Yes you need to sell VOO, and buy IWDA. 2. No worry, because you can buy IWDA on other exchanges. I personaly buy IWDA on Amsterdam stockexchange, but aftet Brexit LSE will be ok. 3. No, you can send money only from your account. 5. I suggest IWDA 4. I would invest all in 88% IWDA, and 12 % EIMI...
by sublimelaconic
Thu Aug 22, 2019 4:05 am
Forum: Non-US Investing
Topic: Advice needed on my portfolio (Philippines)
Replies: 5
Views: 697

Advice needed on my portfolio (Philippines)

Age: 26 Country: Philippines I've been investing in the Philippine market for over a year now. Two months ago I decided to invest 60% of my investing money in overseas stock exchange, while 40% will remain invested in the Philippines. I plan on keeping my portfolio 100% stocks for now, and making th...
by sublimelaconic
Mon Aug 12, 2019 11:09 am
Forum: Non-US Investing
Topic: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs
Replies: 7
Views: 512

Re: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs

Is Irish domiciled ETFs via IB still objectively better? Or should go for US domiciled ETFs via TD until my holdings exempt me from IB's $10 minimum "charge"? No idea where you are located so this might not matter but in many locations when you sell stocks you pay tax on the capital gains...
by sublimelaconic
Mon Aug 12, 2019 8:33 am
Forum: Non-US Investing
Topic: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs
Replies: 7
Views: 512

Re: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs

Is Irish domiciled ETFs via IB still objectively better? Or should go for US domiciled ETFs via TD until my holdings exempt me from IB's $10 minimum "charge"?
by sublimelaconic
Sun Aug 11, 2019 10:29 pm
Forum: Non-US Investing
Topic: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs
Replies: 7
Views: 512

Re: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs

Where is the dividend withholding costs? From this article (https://www.bogleheads.org/wiki/Nonresident_alien_with_no_US_tax_treaty_%26_Irish_ETFs#Example_calculation_for_S.26P_500_ETFs) I thought the dividend tax is already included. Labelled L1TW and L2TW. Did I get that wrong? What about other t...
by sublimelaconic
Sun Aug 11, 2019 10:10 pm
Forum: Non-US Investing
Topic: Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs
Replies: 7
Views: 512

Calculting the difference in total cost between US domiciled ETFs and Irish domiciled ETFs

I want to invest in the US market. My goal right now is to build up the first part of my overseas portfolio, which is an index fund. I plan to fund my account once a year (to lessen the wire transfer fees) and just buy 1-4 times a year, depending on the market situation. But right now, I can't decid...
by sublimelaconic
Sun Aug 11, 2019 9:48 am
Forum: Non-US Investing
Topic: Foreign investors - seeking less dividends [Israel]
Replies: 14
Views: 1079

Re: Foreign investors - seeking less dividends [Israel]

What I need is actually a recommendation of US domiciled ETFs that are suitable to my needs and I'm afraid I could most easily find them in the US personal investments forum. Assuming you are not a US citizen or green card holder ... Why US domiciled ETFs? The US/Israel tax treaty rate of 25% US ta...
by sublimelaconic
Sat Aug 10, 2019 9:31 am
Forum: Non-US Investing
Topic: Interactive Brokers - Philippines
Replies: 4
Views: 1080

Re: Interactive Brokers - Philippines

I'll be starting with $2800 and will be slowly increasing that in the coming years. Do you think the ~$120/year maintenance fee is worth it given my low account value? I do not plan to be an active trader/investor, so I can't take advantage of the fees. I only want to buy and hold index funds for th...
by sublimelaconic
Fri Aug 09, 2019 10:04 pm
Forum: Non-US Investing
Topic: Interactive Brokers - Philippines
Replies: 4
Views: 1080

Interactive Brokers - Philippines

Questions regarding Interactive Brokers account minimums: If I open an account, fund it with $2800, and buy $1000 worth of say an index fund, will my activity fee be $9 or $19? Likewise, will my subsequent monthly activity fees be $10 or $20? I'm from the Philippines and plan to fund my account once...