Search found 647 matches

by German Expat
Mon Jan 27, 2020 4:11 pm
Forum: Personal Consumer Issues
Topic: Not allowed to board American Airlines flight - Forced to buy second ticket for same flight - Help requested
Replies: 112
Views: 11578

Re: Not allowed to board American Airlines flight - Forced to buy second ticket for same flight - Help requested

This is indeed very strange and I would post at Flyertalk, check with DOT and AA and you can also write to Chris Elliott even if his articles are not my cup of tea (https://www.elliott.org/). What I do not understand at all is why they asked for a readycard. This is a card for customers that don't h...
by German Expat
Sun Jan 26, 2020 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: US citizens moving abroad for >5 years
Replies: 11
Views: 1458

Re: US citizens moving abroad for >5 years

I would for sure keep a mailing address in the US and also not tell the financial institutions that you moved abroad. Also open a Schwab account if you don't have one yet. Dependent on the state I would make sure though to cut the ties to make sure the state does not try to tax you. Also you will no...
by German Expat
Thu Jan 16, 2020 3:31 am
Forum: Personal Consumer Issues
Topic: Holiday in Indonesia...not Bali?
Replies: 11
Views: 1024

Re: Holiday in Indonesia...not Bali?

We went to Jakarta, Bali and Gili Gede a bit more then 1 year ago. We do like creature comfort and like to stay at nice hotels so I am not sure what type of traveler you are and what you like to do and see. I did not like Bali that much, the resort hotels are very nice but the Island is just too ove...
by German Expat
Tue Jan 14, 2020 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Considerations for Promotion Offer
Replies: 9
Views: 1267

Re: Considerations for Promotion Offer

I would not ask for a consideration if the position is eliminated in a merger. If they value you enough they keep you and if not they let you go. You could ask for a longer termination period but this cuts both ways in case you find a new job at a different employer. I would ask for some guarantees ...
by German Expat
Tue Jan 14, 2020 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Considerations for Promotion Offer
Replies: 9
Views: 1267

Re: Considerations for Promotion Offer

A couple questions and points: 1. Do they allow you to fly business class overseas? Having a lot of international travel this can make a huge difference. 2. A major consideration would be how this helps in a a future job search. You mention that with either jobs you see potential future issues after...
by German Expat
Fri Jan 10, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: 25K Capital Gain tax free for college
Replies: 10
Views: 1764

Re: 25K Capital Gain tax free for college

firebirdparts wrote:
Fri Jan 10, 2020 10:44 am
If it worked, it would not be worth much. Not a needle mover.
You are right, its not a huge amount but still adds up. If I move 40000 capital gains taxes and he can get a 0% tax rate on them it is still 23.8% or 9500 USD saved which I consider a pretty good return for not much work.
by German Expat
Fri Jan 10, 2020 8:15 am
Forum: Investing - Theory, News & General
Topic: 25K Capital Gain tax free for college
Replies: 10
Views: 1764

Re: 25K Capital Gain tax free for college

I stopped reading when I saw how much money you had saved for college already for a 14-year old. You can stop now and relax. I understand your point and have a bit of the same opinion. Thanks for your feedback though. My wife's strong preference is for him to go an Ivy, Standord or MIT and looking ...
by German Expat
Fri Jan 10, 2020 4:28 am
Forum: Investing - Theory, News & General
Topic: 25K Capital Gain tax free for college
Replies: 10
Views: 1764

Re: 25K Capital Gain tax free for college

Unfortunately there were not many replies here but I am thinking to switch from making 529 contributions to add to our son's UTMA account I did create the account for him after the tax law changes with the kiddie tax (now undone) to do tax gain harvesting with 0 tax but this will be less attractive ...
by German Expat
Tue Dec 17, 2019 2:26 pm
Forum: Personal Investments
Topic: UTMA Tax Gains - help :)
Replies: 25
Views: 1337

Re: UTMA Tax Gains - help :)

You will pay no tax and should do all the tax gain harvesting. See this thread with the explanation: https://www.bogleheads.org/forum/viewtopic.php?t=283312 I did do it last year for our then 13 year old son with Turbotax (free) online. He had some interest and dividends and the bulk was tax gain ha...
by German Expat
Thu Nov 07, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: Using credit cards -international travel
Replies: 17
Views: 802

Re: Using credit cards -international travel

I have read when traveling internationally, it is best to have the merchant charge in the local currency rather than US Dollars I travel internationally quite a bit. This is reverse of my experience. I have CSR card. And charging in US$ rather than local currency saves me 5-10%. I check this every ...
by German Expat
Wed Nov 06, 2019 2:06 pm
Forum: Personal Consumer Issues
Topic: For those who fly often
Replies: 14
Views: 3477

Re: For those who fly often

I have 2 different neck pillows bought from airport stores and both worked ok. Both are soft and not inflatable. They don't take up a lot of space and I put them on the carry on suitcase. At least you have time there to try them if they fit you and have nothing else to do anyway. Sure you pay a bit ...
by German Expat
Wed Nov 06, 2019 8:28 am
Forum: Personal Investments
Topic: Is the new McDonald's CEO a boglehead?
Replies: 3
Views: 1007

Is the new McDonald's CEO a boglehead?

Just read at bloomberg that the new McDonald's CEO followed what is recommended on the forum to not put his egg all into the same basket. Seems like he sold his shares and also liquidated his options relative early. So maybe he is now all in Vanguard index funds :D https://www.bloomberg.com/news/art...
by German Expat
Wed Oct 09, 2019 4:06 am
Forum: Personal Investments
Topic: Desperately In Need Of Advice
Replies: 19
Views: 3109

Re: Desperately In Need Of Advice

You really need to look at the total picture and your plans going forward in a holistic view (including your spouse and your future plans). I would do the following things. 1. Sit together with your wife and agree what your common plans are. When do you want to buy a home, how long would you stay th...
by German Expat
Tue Oct 08, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Schwab commission free vs Vanguard
Replies: 8
Views: 1575

Re: Schwab commission free vs Vanguard

I am already mostly investing in Vanguard ETF's and do have a Schwab and Vanguard account 90% of my after tax is in Vanguard and 10% at Schwab. Any reason now NOT to put new after tax money into Schwab and buy Vanguard ETF's? Worst case I can transfer them out and eat the 50$ if they start charging ...
by German Expat
Mon Sep 02, 2019 7:52 am
Forum: Personal Consumer Issues
Topic: Not gaining weight on vacation?
Replies: 115
Views: 6212

Re: Not gaining weight on vacation?

We like to vacation in Asia and stay in nice hotels with usually great breakfast options. I know the problem very well. E.g. last vacation in December / January was in Indonesia with one of the best breakfast buffets (and a la carte options) I have seen (St. Regis in Bali). Also went to Japan a coup...
by German Expat
Sun Sep 01, 2019 7:23 am
Forum: Personal Consumer Issues
Topic: Electric razors
Replies: 25
Views: 2212

Re: Electric razors

Braun Series 9 at home (with the cleaning base) and Norelco 4600 for travel (came with an extra head). Both work well and I don't see (feel) a big difference. I like the comfort of the cleaning base (looking at 3rd party refills now though for the cartridges to make it less expensive).
by German Expat
Sun Aug 11, 2019 11:26 am
Forum: Personal Finance (Not Investing)
Topic: How should my Spouse and I handle a $300,000 Settlement?
Replies: 119
Views: 7522

Re: How should my Spouse and I handle a $300,000 Settlement?

There will be not many options for not paying taxes. Does your spouse have a 401k? If so put the maximum allowed in there. Also pay off the high car rate and try to get out of PMI. Since you got a head start try to put all money for the payments you get rid off (e.g. the car loan payments, pmi) into...
by German Expat
Thu Jul 11, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: WaPo: "Mobile Passport" is the best-kept secret in air travel
Replies: 47
Views: 8940

Re: WaPo: "Mobile Passport" is the best-kept secret in air travel

I used both but still prefer Global Entry. Global Entry you only have the machines to deal with and if they are working (sometimes a lot are broken, just recently in Toronoto) it is very quick. Also you get your own line at a lot of airports at customs (e.g. was a real life saver at Newark). It hel...
by German Expat
Thu Jul 11, 2019 1:33 am
Forum: Personal Consumer Issues
Topic: WaPo: "Mobile Passport" is the best-kept secret in air travel
Replies: 47
Views: 8940

Re: WaPo: "Mobile Passport" is the best-kept secret in air travel

I used both but still prefer Global Entry. Global Entry you only have the machines to deal with and if they are working (sometimes a lot are broken, just recently in Toronoto) it is very quick. Also you get your own line at a lot of airports at customs (e.g. was a real life saver at Newark). It help...
by German Expat
Fri Jun 07, 2019 8:02 am
Forum: Personal Finance (Not Investing)
Topic: how to deal with people who are not living boglehead way of life
Replies: 45
Views: 3139

Re: how to deal with people who are not living boglehead way of life

Don't give advise and especially stop giving advise to people that don't ask for it. This applies to almost everything short of them stepping off a cliff (in the real sense but also it might be applicable to monetary issues as well if they are really close to you, but proceed with extreme caution). ...
by German Expat
Thu Jun 06, 2019 8:11 am
Forum: Personal Finance (Not Investing)
Topic: File a tax return for teen with no taxes owed and no refund expected?
Replies: 3
Views: 424

Re: File a tax return for teen with no taxes owed and no refund expected?

Yes, tax filing is required. I did it on purpose last year for our 13 year old. Rather than putting money in his 529 we gifted him some money in a highly appreciated mutual fund and then tax gain harvested it close to the new limit (after considering the dividends he got). Had to file taxes and used...
by German Expat
Wed May 15, 2019 8:38 am
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 9775

Re: For how long will the forum be around?

Looking at the registration entry bogleheads.org is registered via GOSTYNSKA FRAKT, LTD in IL. It also relies on the very dedicated and good moderators and probably some donations to keep the site registered and the servers running. So my opinion is as long as the ownership structure works (who is p...
by German Expat
Fri May 10, 2019 2:29 am
Forum: Personal Consumer Issues
Topic: China/Tibet Visa Weirdness
Replies: 12
Views: 2492

Re: China/Tibet Visa Weirdness

Thanks for adding your update and it confirms a bit what we heard before we planned our Tibet trip. Tibet itself is very nice and there are no real restrictions after you have the Visa except to the military controlled areas that need another permit. Because you can only go with a guide you will als...
by German Expat
Sun May 05, 2019 1:38 am
Forum: Personal Consumer Issues
Topic: China/Tibet Visa Weirdness
Replies: 12
Views: 2492

Re: China/Tibet Visa Weirdness

Not sure things have changed since last year but you will need the Tibet travel permit in Shanghai when you check in for your domestic flight. Even with 1 ticket you will need to pass immigration in Shanghai, get your luggage and check in again for the domestic flight. This is the time the check in ...
by German Expat
Sat May 04, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Expat couple filing taxes
Replies: 10
Views: 1174

Re: Expat couple filing taxes

Can't answer your question since we are above and use the foreign tax credit. We do get the US taxes done by a local company in Switzerland that specializes in US taxes. I would at least for the first year pay somebody and get your questions answered and then you can still look at the DIY route late...
by German Expat
Thu May 02, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: China/Tibet Visa Weirdness
Replies: 12
Views: 2492

Re: China/Tibet Visa Weirdness

We visited Tibet last year but came from Beijing and did not fly direct to Tibet. I am under the impression it is actually not possible to go direct to Tibet from abroad with the exception of coming from Nepal (Kathmandu). So first question is what is your flight route? We used this agency here and ...
by German Expat
Mon Apr 15, 2019 8:35 am
Forum: Personal Consumer Issues
Topic: How to fix jerky images on streaming TV?
Replies: 29
Views: 1934

Re: How to fix jerky images on streaming TV?

There are 2 potential issues that can cause this: 1. problem with Internet connection 2. problem with wifi You have to debug both independent. For 1. if its possible get a long cable (you can just do an open run) and run it to the roku (or get the roku and tv close to the router). Also connect direc...
by German Expat
Mon Apr 15, 2019 5:49 am
Forum: Non-US Investing
Topic: Expat friendly brokerages as of April 2019?
Replies: 15
Views: 2788

Re: Expat friendly brokerages as of April 2019?

We moved to Europe almost 5 years ago and kept a US address (sold our house and condo though). As far as Schwab, Fidelity and Vanguard are concerned we have an address in the US and use it for all correspondence. All our investments are in the US as well and we also have a lot of US credit cards. It...
by German Expat
Sat Mar 23, 2019 2:00 am
Forum: Personal Consumer Issues
Topic: Lease a car or buy a car
Replies: 49
Views: 3858

Re: Lease a car or buy a car

Leasing rarely makes financial sense except in special circumstances. For electric cars a while ago you could get super low leasing rates (e.g. 99$ per month) and I have a friend who leased 2 and really liked them. With electric cars getting better with longer range and pricing going down it made fi...
by German Expat
Fri Mar 22, 2019 10:29 am
Forum: Investing - Theory, News & General
Topic: Retired Investors - Do You Keep Cash For Down Years
Replies: 107
Views: 9436

Re: Retired Investors - Do You Keep Cash For Down Years

If retiring early (before 59), I think you do need to make some changes. The general idea is to keep bonds in tax-free or tax deferred accounts. If you do that and retire early (assuming you don't want to use tricks like 72t), you cannot pull those funds out easily. That would require selling equit...
by German Expat
Tue Mar 19, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: Retired Investors - Do You Keep Cash For Down Years
Replies: 107
Views: 9436

Re: Retired Investors - Do You Keep Cash For Down Years

keeping a bucket for years of fixed expenses allows you to sleep at night most people feel going forward you will not see stock returns of the past and a safe withdrawal rate is 3.5% rather than 4% My philosophy is that if you can lose 50% of your equities and maintain lifestyle you are fine; if no...
by German Expat
Mon Mar 18, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: Retired Investors - Do You Keep Cash For Down Years
Replies: 107
Views: 9436

Re: Retired Investors - Do You Keep Cash For Down Years

I am still a couple years away from retirement but I am curious if everybody that has 3 years or more in cash (money market etc.) available does just replenish it monthly / quarterly or let it drain to 1 year. Also there is a cash drag on your return. Basically what I am trying to figure out what ru...
by German Expat
Thu Mar 14, 2019 6:54 am
Forum: Investing - Theory, News & General
Topic: Are You Indirectly Losing Money via Your Brokerage Cash Sweep Account?
Replies: 30
Views: 5400

Re: Are You Indirectly Losing Money via Your Brokerage Cash Sweep Account?

I just moved 6-figures of balance out of Schwab Bank cash account that I had in there for the last few months (after the sale of some commercial property) to my Vanguard PMM for that reason . Now I am deciding between VMMXX at 2.47% (taxable) or VWIUX at 2.38% (tax exempt). What did you decide? We ...
by German Expat
Tue Mar 05, 2019 9:03 am
Forum: Investing - Theory, News & General
Topic: Pushing the frontier of behavioral finance
Replies: 38
Views: 3850

Re: Pushing the frontier of behavioral finance

1) what makes you a bogleheads? I have an engineering approach to a lot of things. After finding bogleheads and reading a bit into the research and also believing (more or less) into efficient market hypothesis this investment approach fits me well. In general I am also a saver (always was) but made...
by German Expat
Mon Mar 04, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: 2014 CR-V Heater Core Flush cost
Replies: 15
Views: 1733

Re: 2014 CR-V Heater Core Flush cost

Looks like somebody just did it themselves and I would assume a good independent mechanic should be able to do it too. Assuming its 3 hours of work and then some material it should be a lot less then 300. Also most of the time is just waiting for it to finish. https://www.crvownersclub.com/forums/14...
by German Expat
Thu Feb 07, 2019 8:53 am
Forum: Personal Consumer Issues
Topic: Best app for foreign money transfers?
Replies: 7
Views: 655

Re: Best app for foreign money transfers?

I used transferwise and it worked out well. Already used it a couple of times with no issues. Their exchange rates are very competitive and their fees are ok. You can see it on their web site. It also depends a bit on the amount you transfer since their fees are not always linear. Try to check for 1...
by German Expat
Sun Jan 27, 2019 3:53 am
Forum: Personal Consumer Issues
Topic: Did I do a terrible purchase on a used car?
Replies: 38
Views: 4373

Re: Did I do a terrible purchase on a used car?

You probably overpaid a bit and you can look at used car pricing at e.g. edmunds or truecar to get a feeling what the price range is. But even if you paid a bit more in the big picture this is just money you paid learning for next time. More important is do you like the car? Do you plan to drive it ...
by German Expat
Sat Jan 26, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Amazon marketplace delivery problem: who is to blame?
Replies: 11
Views: 1055

Re: Amazon marketplace delivery problem: who is to blame?

If it's fulfilled us Amazon you should have tracking information in your order history. Any information in there? It might neither be Amazon or the business fault.
by German Expat
Fri Jan 25, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Implementing a wealth tax
Replies: 64
Views: 3647

Re: Implementing a wealth tax

We moved to Switzerland and there is a wealth tax here. The total tax burden is still lower then the US (ok depends a bit which city you live in and how much you make). There are plenty of billionaires in Switzerland and none of them moved out yet (more the opposite, plenty of really rich people mov...
by German Expat
Sun Jan 20, 2019 11:20 am
Forum: Personal Investments
Topic: Vanguard's Dividend Reinvestment Program?
Replies: 19
Views: 2188

Re: Vanguard's Dividend Reinvestment Program?

Pros: - don't need to remember to reinvest the dividends and capital gains Cons: - Potential wash sale when tax loss harvesting - Using it to re balance to your asset allocation I turn it off and reinvest to keep my asset allocation in the desired range. Its not a big deal 4 x per year and I also in...
by German Expat
Fri Jan 18, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 72
Views: 10643

Re: Vanguard will use blockchain to share index data

Saw this recently :D : Welcome to 2019, traveler from 2009. The brief: -sysadmins are now "ops" -servers are all just "cloud" something -algorithms are "AI" -DBs are "blockchains" -Everything that spies on people is "smart" Good luck. And update your CV with the above words. There are things for whi...
by German Expat
Fri Jan 18, 2019 8:18 am
Forum: Personal Finance (Not Investing)
Topic: How do I get a hotel room upgrade ?
Replies: 9
Views: 1028

Re: How do I get a hotel room upgrade ?

Don't be disappointed when you won't get an upgrade. Hotels are getting much stingier with 'free' upgrades. The 20$ trick is more a Vegas thing (prices are going up though so 20$ might not get you very far anymore :happy ). Recently when asking for upgrades available I saw more often (assuming they ...
by German Expat
Thu Jan 17, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security work only 1 quarter in a year
Replies: 6
Views: 772

Re: Social Security work only 1 quarter in a year

Thank you very much for your replies. So I will go with the short version of Yes (I do have above 40 credits). I also need to look into the book David recommended and the bend points. I am a bit a not standard case with 15 years of high US income (above the social security tax limit in each year) an...
by German Expat
Thu Jan 17, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security work only 1 quarter in a year
Replies: 6
Views: 772

Social Security work only 1 quarter in a year

Short version: This year I will only have income in the 1st quarter. Now my question is for social security calculations is this still considered a full year income for my best earning 30 years (I won't get 30 full years, worked many years in Germany first and now abroad as well)? Long version: I am...
by German Expat
Sat Jan 12, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: Elliptical recommendation under 2k
Replies: 13
Views: 904

Re: Elliptical recommendation under 2k

We have a lifefitness x1 and are quite happy with it. Using it about 2-3 x per week and 4 years old now.
by German Expat
Tue Dec 18, 2018 2:01 am
Forum: Personal Finance (Not Investing)
Topic: Any Credit score experts in here?
Replies: 8
Views: 942

Re: Any Credit score experts in here?

Yes, you can pay part or all of your card before the statement closes. This will lower your utilization rate and I would just pay it down to close to 0% and you will see your credit score go back up right away. Also don't close your oldest cards, this will lower the average age of your credit histor...
by German Expat
Fri Dec 14, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Anything to prevent switching iPhones?
Replies: 10
Views: 1064

Re: Anything to prevent switching iPhones?

My wife just got a new Xs from work and I got the battery on her old 7 Plus replaced (you still get the low pricing for it until year and and now it works almost like new again). I can't see a huge improvement (the screen in fairness is much better though) and being a boglehead would not have a boug...
by German Expat
Sat Dec 01, 2018 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing Tax Advantage of UTMA
Replies: 22
Views: 3118

Re: Maximizing Tax Advantage of UTMA

Looking at the form it does not state anything about if you have only LTCG/QDIV. Is the understanding still that it will be 2100 + 2600 being tax free? I don't do my taxes anymore the last couple of years and therefore not so familiar with it. But reading the section it seems to be only 2100 is tax ...
by German Expat
Wed Nov 07, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 11724

Re: This man can predict when bubbles burst: time to time the market?

It seems like you are a bit infatuated with one researcher based on your daughter studying at ETH and not sure what good skiing skills have to do with bubble prediction. If there is a correlation maybe we should ask Lindsay Vonn or Ingemar Stenmark :happy . Economics is a lot more messy then physics...
by German Expat
Mon Oct 29, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 5679

Re: Should I co-sign for relative?

I would not cosign. If money is an issue I would rather borrow money (under the assumption I would not get it back), at least then your credit isn't trashed if something happens. Also not established credit? What is the reason for it?

And 900 USD for a lease is beyond expensive, what car is that?