Search found 719 matches

by German Expat
Fri Feb 12, 2021 7:28 am
Forum: Personal Consumer Issues
Topic: Help find an unbiased news source...
Replies: 90
Views: 4525

Re: Help find an unbiased news source...

First thing is you need to understand what your own point of view is. Then you need to understand that there is (close to always) bias in news. As long as you understand it you can form your own opinion. What does help is to read or see various sources so you don't end up in an echo chamber. For exa...
by German Expat
Sat Feb 06, 2021 12:32 pm
Forum: Personal Investments
Topic: UTMA account vs. alternatives
Replies: 18
Views: 1455

Re: UTMA account vs. alternatives

Our son has a UTMA and we put any presents in there and also a bit extra from our side. Instead of buying I transfer funds with gains and tax gain harvest them up to the max. Used to be a bit better before the tax law changes but you can still do a total of 2200 in dividends and tax gains. You could...
by German Expat
Mon Feb 01, 2021 4:41 am
Forum: Non-US Chapters
Topic: [Looking for Bogleheads in] Switzerland
Replies: 9
Views: 3551

Re: [Looking for Bogleheads in] Switzerland

Due to the number of threads from investors living in Switzerland and discussing the specificities of the Swiss system, would this be the time to consider a Swiss chapter and meet up after the virus is contained? I would be interested but there is a larger difference between cases like myself (US c...
by German Expat
Tue Jan 19, 2021 3:36 pm
Forum: Non-US Investing
Topic: US citizen facing early retirement in Germany..How to go about managing finances
Replies: 15
Views: 1860

Re: US citizen facing early retirement in Germany..How to go about managing finances

I am not familiar (anymore) with German taxes but the taxes tend to be higher and when you sell gains have higher taxes compared to the US. You would need to do some modelling if its better to reset your cost base and pay the US taxes (maybe at least for some money you need the first couple years) v...
by German Expat
Mon Jan 18, 2021 9:24 am
Forum: Investing - Theory, News & General
Topic: Buy and sell bond fund to double dip yield
Replies: 32
Views: 1355

Re: Buy and sell bond fund to double dip yield

'This would work as long as the funds’ share prices don’t change much between the ex-dates.'

And here is your assumption that is not true. Also you will pay higher taxes if its in taxable.
by German Expat
Thu Jan 07, 2021 10:42 am
Forum: Personal Finance (Not Investing)
Topic: TransferWise versus Interactive Brokers - thread?
Replies: 56
Views: 8583

Re: TransferWise versus Interactive Brokers - thread?

Something to think about. Although Transferwise says it is slower, ACH pull seems to be safer than ACH push. There have been numerous stories on these forums of ACH pushes getting lost, and the bank you pushed from won't go any further than to say "we sent the money, there's nothing more we ca...
by German Expat
Thu Jan 07, 2021 2:55 am
Forum: Personal Finance (Not Investing)
Topic: TransferWise versus Interactive Brokers - thread?
Replies: 56
Views: 8583

Re: TransferWise versus Interactive Brokers - thread?

I initiated ACH from IB to pull monies from a bank. It took IB one week to make the monies available. Now, I initiated ACH from the same bank to pull the monies from IB and IB has been rejecting my ACH requests. I pinged support and they busted out this 44-day hold nonsense because it is different ...
by German Expat
Mon Jan 04, 2021 6:32 am
Forum: Personal Investments
Topic: Using Margin as Emergency Fund?
Replies: 29
Views: 2011

Re: Using Margin as Emergency Fund?

I am thinking about investing more of our emergency fund and use margin for a relative rare event. We did not need the emergency fund the last years and our emergency fund is less than 5% of our taxable investments. I would reduce it to between 25% and 50% to allow for a bit of flexibility in case w...
by German Expat
Sat Jan 02, 2021 3:43 am
Forum: Investing - Theory, News & General
Topic: Hedge against housing bubble
Replies: 20
Views: 2394

Re: Hedge against housing bubble

Most of you are using US information but this is Switzerland where the longest mortgage is usually 10 years and can only be canceled or refinanced with a high penalty. You could also go for a variable mortgage but then you have a higher interest risk. So you have 2 issues here a) In e.g. 10 years yo...
by German Expat
Fri Jan 01, 2021 2:30 pm
Forum: Investing - Theory, News & General
Topic: Hedge against housing bubble
Replies: 20
Views: 2394

Re: Hedge against housing bubble

Europe there are generally poor, aging demographics. Unless unlikely levels of immigration are to be allowed. Bottom line if you know you will be holding on for 10 years buying in Switzerland may be worth it. Otherwise probably not. Swiss demographics because of immigration are not aging. It is act...
by German Expat
Fri Jan 01, 2021 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a career
Replies: 112
Views: 6910

Re: Choosing a career

The Washington Post had an article about it and recommend high schoolers to look what jobs pay well. But even with this information out seems like it has not much influence on decisions. There are also links in it to various salary information with postgraduate earning information. https://www.washi...
by German Expat
Fri Jan 01, 2021 12:05 pm
Forum: Investing - Theory, News & General
Topic: Hedge against housing bubble
Replies: 20
Views: 2394

Re: Hedge against housing bubble

We are also in Switzerland and at this time made the decision not to buy. Probably would have worked out better if we bought in 2014 when we arrived but we thought at the time that real estate in the Zurich area is quite pricy and also inventory is very low so you don't have many choices. Also we we...
by German Expat
Fri Jan 01, 2021 11:23 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3482
Views: 578995

Re: What are you up YTD? [Year To Date]

Up 21.23% with a 70/30 portfolio. We are renters and all is invested except emergency fund. Staying the course and some rebalancing during the downturn helped. The numbers do still include savings as well but the bulk is return.
by German Expat
Mon Dec 28, 2020 6:33 am
Forum: Personal Finance (Not Investing)
Topic: TransferWise versus Interactive Brokers - thread?
Replies: 56
Views: 8583

Re: TransferWise versus Interactive Brokers - thread?

Up to now only currency conversions and no issues. I am thinking about doing some investments though to be in good standing. I am also interested in their stock yield enhancement program and will give it a spin with smaller amounts.
by German Expat
Sun Dec 27, 2020 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: TransferWise versus Interactive Brokers - thread?
Replies: 56
Views: 8583

Re: TransferWise versus Interactive Brokers - thread?

I'm not following what they are saying: If funds are withdrawn to a bank other than the originating bank via ACH, a 44-business-day withdrawal hold period will be applied. EDIT: I think I see it. If I pull from Bank A into IB and withdraw to Bank B, there would be some hold period. How do they real...
by German Expat
Sun Dec 27, 2020 7:22 am
Forum: Personal Finance (Not Investing)
Topic: TransferWise versus Interactive Brokers - thread?
Replies: 56
Views: 8583

Re: TransferWise versus Interactive Brokers - thread?

Really great to know, thank you occambogle and German Expat. In my case transferring monies into IB shouldn't be a problem, as I should be able to use ACH between US banks & IB. Currency conversion and sending monies to a foreign bank I was concerned with, but IB seems to take care of it too. K...
by German Expat
Sun Dec 27, 2020 3:49 am
Forum: Personal Finance (Not Investing)
Topic: TransferWise versus Interactive Brokers - thread?
Replies: 56
Views: 8583

Re: TransferWise versus Interactive Brokers - thread?

Is it really the case that IBLLC (US) Lite / Pro can link up with pretty much any banks around the world, and perform currency conversions for cheap? This sounds too good :D IKBR has a decent amount of currencies you can use for withdrawals but not all. e.g. Philippine Peso is not on list, UAE Dirh...
by German Expat
Wed Dec 16, 2020 9:21 am
Forum: Personal Consumer Issues
Topic: Managing Google Drive
Replies: 12
Views: 713

Re: Managing Google Drive

Click on the storage (where it states 14.6 GB of 15 GB used) and it will show you all files sorted descending by size.
by German Expat
Sun Dec 13, 2020 4:18 am
Forum: Personal Consumer Issues
Topic: Weird Google drive access question
Replies: 18
Views: 1306

Re: Weird Google drive access question

Somebody else already answered it. If the owner of a document is deleted the documents are gone (technically they will stay for a bit but only the admin of the .edu account can see and recover them so for all practical purposes they are gone for you). As long as you still have access to them via you...
by German Expat
Sat Dec 12, 2020 11:51 am
Forum: Personal Consumer Issues
Topic: Who's keeping Netflix now? (price increased to $13.99)
Replies: 200
Views: 14160

Re: Who's keeping Netflix now? (price increased to $13.99)

We will stay but I hope a larger amount of people cancels. I am sure they are looking at the numbers and if nobody cancels after the price hike the next one will just come sooner.
by German Expat
Sat Dec 05, 2020 5:16 am
Forum: Personal Finance (Not Investing)
Topic: Living in the US and another country (retirement planning)
Replies: 97
Views: 6565

Re: Living in the US and another country (retirement planning)

There is a lot of web sites out that rent out furnished apartments. There are local country specific sites that you can google. Most of the people renting out are themselves away for an assignment but don't want to loose their apartment (e.g. in Germany rents are going way up for new rental and in t...
by German Expat
Fri Dec 04, 2020 3:23 am
Forum: Personal Finance (Not Investing)
Topic: Living in the US and another country (retirement planning)
Replies: 97
Views: 6565

Re: Living in the US and another country (retirement planning)

My wife and I live six months each year in the USA, where we own a home, and six months in an EU country, where we rent an apartment -- except this year due to Covid-19. Residency: My wife's a dual citizen. I've obtained permanent residency in the EU country so I can live, work, and travel througho...
by German Expat
Sat Nov 28, 2020 12:07 pm
Forum: Personal Consumer Issues
Topic: Golf simulators
Replies: 1
Views: 185

Re: Golf simulators

I don't play much golf but bumped into a sale at Costco. No idea how well it works.

https://www.costco.com/trugolf-vista-10 ... 63214.html
by German Expat
Thu Nov 12, 2020 4:36 pm
Forum: Personal Consumer Issues
Topic: WiFi Extender with DSL
Replies: 15
Views: 821

Re: WiFi Extender with DSL

Another vote for mesh routers. Amazon just brought out their new versions of the eero Wi-Fi 6 so already new stand ard. First review was a bit mixed but with 10 Mbit won't matter. We use Orbi but they can be a bit finicky. Google is a good choice as well.
by German Expat
Sun Nov 08, 2020 3:04 am
Forum: Personal Finance (Not Investing)
Topic: TransferWise versus Interactive Brokers - thread?
Replies: 56
Views: 8583

Re: TransferWise versus Interactive Brokers - thread?

Hello, Interested in this topic since I will start making some five figures (XX,XXX) transfers USD>EUR in the future. Regarding the IBRK Lite account: Does that one have a Cash Management option and access to their debit card? Can I Link my US and Portuguese bank accounts to it the IBRK lite accoun...
by German Expat
Wed Nov 04, 2020 10:30 am
Forum: Non-US Investing
Topic: Advice on planning to move to Germany from the US
Replies: 5
Views: 1356

Re: Advice on planning to move to Germany from the US

Investments will be extremely painful for you except if you drop your US green card and fully split the accounts from your wife and file separate taxes. Then you are just a German and don't have to worry to file US taxes. Then you can invest without running into problems e.g. via Interactivebrokers....
by German Expat
Sat Oct 03, 2020 4:57 am
Forum: Personal Finance (Not Investing)
Topic: How much do you pay for healthcare (50-65 year olds)
Replies: 83
Views: 9232

Re: How much do you pay for healthcare (50-65 year olds)

I am currently in Switzerland and here you pay health insurance 100% yourself even if you are employed. 56 years old, around 260 USD per month (no dental) with higher deductible (2600 USD) and some additional co pays. Switzerland is supposedly second highest in the world for health costs but looking...
by German Expat
Sat Oct 03, 2020 4:41 am
Forum: Personal Finance (Not Investing)
Topic: Can 529 plan be used for overseas k12 school?
Replies: 7
Views: 1861

Re: Can 529 plan be used for overseas k12 school?

I didn't look into it the previous years and now trying to see if this is still possible for 2020 or not. Our son's high school is US recognized (New England Association of Schools and College3s) and it should be ok from that side. But now with the wording around state I am not sure anymore if it is...
by German Expat
Sun Sep 27, 2020 2:32 am
Forum: Personal Consumer Issues
Topic: Car Battery issues - SHORT Drive due to COVID (Work From Home)
Replies: 86
Views: 5399

Re: Car Battery issues - SHORT Drive due to COVID (Work From Home)

Drive your car once in a while a bit longer because otherwise your oil will also get issues (will collect humidity). Drive it once a week for a while to get it into operating temperature. Another issue to watch out for is how old your gasoline gets (how often do you refill?). Wear and tear will be q...
by German Expat
Wed Sep 23, 2020 10:03 am
Forum: Personal Consumer Issues
Topic: Microsoft One Drive Security
Replies: 3
Views: 485

Re: Microsoft One Drive Security

Short answer is yes if you do it correctly. Longer answer: 1. Make sure you have 2-factor authentication on for One Drive (in general this is best practice anyway regardless if your files are password protected on One Drive or not) 2. Make sure you use a new version of Excel and a long password Exce...
by German Expat
Mon Sep 21, 2020 4:20 am
Forum: Personal Consumer Issues
Topic: Quiet treadmill for apartment
Replies: 6
Views: 790

Re: Quiet treadmill for apartment

Another vote for an elliptical. We have a Lifefitness X1 and its in the room next to our son's bedroom. He never wakes up when we use it and if the door to the room is closed I can't hear anywhere else.
by German Expat
Wed Sep 02, 2020 7:20 am
Forum: Personal Consumer Issues
Topic: How to create a hotspot and conduct online meetings using a mobile device?
Replies: 11
Views: 822

Re: How to create a hotspot and conduct online meetings using a mobile device?

Thank you, all for the responses. You are not providing enough information about the meetings. You also do mention hotspot but then state that you want to join the meeting from your phone. A hotspot is only needed if you want to use a laptop or other device (tablet etc.) that does not have its own ...
by German Expat
Tue Sep 01, 2020 6:21 am
Forum: Personal Consumer Issues
Topic: How to create a hotspot and conduct online meetings using a mobile device?
Replies: 11
Views: 822

Re: How to create a hotspot and conduct online meetings using a mobile device?

You are not providing enough information about the meetings. You also do mention hotspot but then state that you want to join the meeting from your phone. A hotspot is only needed if you want to use a laptop or other device (tablet etc.) that does not have its own data plan and connect it via your p...
by German Expat
Tue Aug 25, 2020 5:06 am
Forum: Personal Consumer Issues
Topic: Any car enthusiasts? (or soon to be)
Replies: 112
Views: 7088

Re: Any car enthusiasts? (or soon to be)

There was a discussion a while ago about supercars

viewtopic.php?f=11&t=283017

He did end up buying a white R8 (look towards the end of the posts)
by German Expat
Mon Aug 24, 2020 7:01 am
Forum: Non-US Investing
Topic: Novice investor looking for advice in Switzerland
Replies: 2
Views: 368

Re: Novice investor looking for advice in Switzerland

He could also post the question on other Swiss forums. I found e.g. this post here on a forum I got to once in a while: https://www.englishforum.ch/finance-banking-taxation/265180-can-anyone-recommend-independent-financial-adviser.html Not very promising but I also agree with them that best is to le...
by German Expat
Mon Aug 24, 2020 6:50 am
Forum: Non-US Investing
Topic: Novice investor looking for advice in Switzerland
Replies: 2
Views: 368

Re: Novice investor looking for advice in Switzerland

I am US citizen and living currently in Switzerland so my situation is different. But in general you can still invest into similar 3 fund portfolio's with low costs. I would read into local forums e.g. https://www.mustachianpost.com/ Interactive brokers is still considered the most attractive: https...
by German Expat
Thu Aug 13, 2020 3:36 am
Forum: Personal Investments
Topic: Download Lot Details to Excel / Google Sheets
Replies: 1
Views: 258

Download Lot Details to Excel / Google Sheets

Is it possible to download all lot details to Excel or Google Sheets from my Vanguard brokerage account? I only found download options that do not show the details. I can manually do it but its a bit tedious and maybe I just missed some option or trick. We are looking to buy a house and I need to do...
by German Expat
Fri Jul 03, 2020 12:29 am
Forum: Personal Investments
Topic: Is wealthfront Stock Level investing under appreciated by Boglehead community?
Replies: 47
Views: 3544

Re: Is wealthfront Stock Level investing under appreciated by Boglehead community?

1) 0.25% fee by wealthfront. Eventually with a large portfolio this will be a large amount ... 4) $3000 limit on capital loss deduction against ordinary income. 5) TLH is essentially tax deferral - Eventually resulting in a lower cost basis with eventually a higher tax bill. This bit of analysis is...
by German Expat
Thu Jul 02, 2020 2:59 pm
Forum: Personal Investments
Topic: Is wealthfront Stock Level investing under appreciated by Boglehead community?
Replies: 47
Views: 3544

Re: Is wealthfront Stock Level investing under appreciated by Boglehead community?

1) 0.25% fee by wealthfront. Eventually with a large portfolio this will be a large amount ... 4) $3000 limit on capital loss deduction against ordinary income. 5) TLH is essentially tax deferral - Eventually resulting in a lower cost basis with eventually a higher tax bill. This bit of analysis is...
by German Expat
Thu Jul 02, 2020 3:11 am
Forum: Personal Investments
Topic: Is wealthfront Stock Level investing under appreciated by Boglehead community?
Replies: 47
Views: 3544

Re: Is wealthfront Stock Level investing under appreciated by Boglehead community?

I would not do it and while I do not consider us high net worth individuals we have decent after tax investments and are in a high tax bracket. It was very easy to create tax losses with the couple last downturns. I used the Covid down turn to load up for another 15+ years of tax losses. We do not h...
by German Expat
Fri Jun 26, 2020 5:55 am
Forum: Non-US Investing
Topic: Expat in Switzerland using Schwab
Replies: 27
Views: 1965

Re: Expat in Switzerland using Schwab

sean.mcgrath wrote: Fri Jun 26, 2020 5:04 am
bart_ch wrote: Fri Jun 26, 2020 4:21 am I'm listed as a retail client.
Fingers crossed that CH is different than NL.
I personally would not bet on it and it probably will change in 18 month when the new law goes fully into effect.
by German Expat
Fri Jun 26, 2020 5:54 am
Forum: Non-US Investing
Topic: Expat in Switzerland using Schwab
Replies: 27
Views: 1965

Re: Expat in Switzerland using Schwab

If my NL experience is any guide, it doesn't make sense to try opening IB with a Swiss address as they won't let you buy any US ETFs then. I resolved it by being accepted to be treated as a professional investor. I can't speak to how easy it is with a US address. I have IB with my Swiss address and...
by German Expat
Wed Jun 24, 2020 1:09 pm
Forum: Non-US Investing
Topic: Expat in Switzerland using Schwab
Replies: 27
Views: 1965

Re: Expat in Switzerland using Schwab

On a side note Revolut is changing their plan and you can only currency convert 1k a month starting August 2020 That limit applies only to their free plan. CHF 9 per month plan eliminates that limit. To the best of my knowledge, that is not changing. I would happily switch to IB but cannot, due to ...
by German Expat
Wed Jun 24, 2020 1:03 pm
Forum: Non-US Investing
Topic: Expat in Switzerland using Schwab
Replies: 27
Views: 1965

Re: Expat in Switzerland using Schwab

Would you (try to) sign up for IB using our Swiss residential address, or using our US mailing address? Apologies, I did not realize this: (MiFID/PRIIPs requirements don't currently apply to Swiss investors.) If that's the case, it's not clear to me why you will have any issues at all with your Swi...
by German Expat
Wed Jun 24, 2020 6:56 am
Forum: Non-US Investing
Topic: Expat in Switzerland using Schwab
Replies: 27
Views: 1965

Re: Expat in Switzerland using Schwab

We are in Switzerland but did keep all our US accounts with a local US address (Vanguard, Fidelity and Schwab). I am not aware of any broker that officially allows you to have a Swiss address and keep buying ETF's. You either run into issues on the US or European side (Switzerland still being a bit ...
by German Expat
Tue Jun 02, 2020 5:50 am
Forum: Personal Finance (Not Investing)
Topic: Moving to the US - Social Security
Replies: 22
Views: 2098

Re: Moving to the US - Social Security

It is fair since you should get also payments from your current country of residence. But also keep in mind that you will need 40 quarters for free Medicare part A otherwise you will need to pay premiums after you retire. It gets very muddy with social security dependent on what country you have cur...
by German Expat
Sun May 24, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 81
Views: 3862

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Since you are probably not used to the new car buying experience make sure you buy NOTHING additional after you have finished negotiating the out of the door price. The guy at the end tends to be very good trying to sell you additional things like paint protection, additional warranty and all differ...
by German Expat
Sat May 23, 2020 2:05 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 282
Views: 18740

Re: Tips to stick to a weight loss diet?

I think it is different for everybody but for me 16/8 (there is also 18/6) works best. I use it more to maintain weight or get rid of a couple pounds from a vacation or holiday. I don't like to be restricted but for me its quite easy not to eat until lunch especially on a work day while I am busy an...
by German Expat
Fri May 22, 2020 12:13 pm
Forum: Personal Investments
Topic: Assuming we start paying banks to hold our money (in the US)
Replies: 49
Views: 4399

Re: Assuming we start paying banks to hold our money (in the US)

A Swiss already reported what happened in reality here. We also live in Switzerland now and because of our US passports can't really invest locally. The bank we are with started first to add a 5 CHF per month fee (account was free before) then started to charge negative interest rates above 500k and...