Search found 94 matches

by mooudn
Tue Feb 02, 2021 7:00 pm
Forum: Non-US Investing
Topic: Should I contribute to TFSA?
Replies: 11
Views: 1159

Re: Should I contribute to TFSA?

Valuethinker wrote: Tue Feb 02, 2021 9:31 am I think OP has no RRSP. So that's one challenge overcome.
That is the issue..I have the funds to contribute to my RRSP but because I'm unsure of whether that's a good idea or not, I've invested it in my non-registered account collecting a big tax departure bill.
by mooudn
Tue Feb 02, 2021 6:18 pm
Forum: Non-US Investing
Topic: Should I contribute to TFSA?
Replies: 11
Views: 1159

Re: Should I contribute to TFSA?

While it is always possible someone who has experience moving from country A to B shows up and comments, there is a chance they may misremember things from a move or be out-of-date with respect to the laws (as well meaning as they may be). Honestly would just suggest talking to a CPA with experienc...
by mooudn
Sun Jan 31, 2021 5:53 pm
Forum: Non-US Investing
Topic: Should I contribute to TFSA?
Replies: 11
Views: 1159

Re: Should I contribute to TFSA?

Bump.
by mooudn
Sat Jan 30, 2021 6:10 pm
Forum: Non-US Investing
Topic: Should I contribute to TFSA?
Replies: 11
Views: 1159

Should I contribute to TFSA?

Hi all, I'm a Canadian national about 2 years away from moving to Australia permanently and establishing residency there. Currently, 100% of my funds are held in a non-registered account in stocks and I have alot of unused room in my TFSA account. Should I move some of my funds into my TFSA to take ...
by mooudn
Sat Jan 23, 2021 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mining versus Transportation
Replies: 0
Views: 167

Mining versus Transportation

I thought I'd ask this question here as there are quite a few civil engineers that visit this forum... I was just wondering, for those civil engineers who have experience working among varies sectors, could you shed some light on the differences between the mining and (linear) transportation sectors...
by mooudn
Thu Jan 14, 2021 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Help me with my job offers
Replies: 12
Views: 1468

Re: Help me with my job offers

update: current employer counter offered 110k base with overtime pay (above 37.5 hr week) and 5% retirement matching. They're also flexible with work location. Company A didn't offer to raise base much, 106k with an upfront signing bonus of 10k (as part of total compensation bonus for good faith), n...
by mooudn
Wed Jan 13, 2021 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Help me with my job offers
Replies: 12
Views: 1468

Re: Help me with my job offers

Maybe I'm weird but I am usually interested in other things than just salaries when it comes to companies. I've never had 2 offers where the only thing different was the salary. Usually management, benefits, location, the actual job, etc. adds up to more than the salary. +1. I totally agree. There ...
by mooudn
Wed Jan 13, 2021 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Help me with my job offers
Replies: 12
Views: 1468

Re: Help me with my job offers

Consider each salary $ to be more valuable than each bonus $. How much more is hard to say without knowing the bonus criteria, company history of paying it, etc. In your example, I would likely consider $130k base + OT to be a better offer than $109k with $20k-40k bonus and no OT, all other things ...
by mooudn
Tue Jan 12, 2021 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Help me with my job offers
Replies: 12
Views: 1468

Help me with my job offers

Hi..I have a good problem to solve... I'm in the midst of a job change and have two competing offers from two companies with different pay structures. One pays a yearly bonus while the other does not..instead it compensates overtime. For comparison of offers on a purely monetary basis, I'm calculati...
by mooudn
Mon Jan 11, 2021 10:12 pm
Forum: Non-US Investing
Topic: Interactive Brokers - Account Inheritence
Replies: 13
Views: 1897

Re: Interactive Brokers - Account Inheritence

manu wrote: Mon Jan 11, 2021 8:31 pm If your account is large enough you can also consider keeping it in a holding company. My tax adviser keeps recommending that. Downside is that it adds a few thousand in annual overhead for maintaining the company. It may be worth it for older Bogleheads.
What is the benefit of a holding company?
by mooudn
Mon Jan 11, 2021 7:24 pm
Forum: Non-US Investing
Topic: Interactive Brokers - Account Inheritence
Replies: 13
Views: 1897

Interactive Brokers - Account Inheritence

This question is for those who are non US residents and hold accounts with IB. I recently asked IB if I could add a beneficiary and 'transfer on death' configuration to my account and this is what they said: "Unfortunately, only US residents are eligible to set up an beneficiary or transfer on ...
by mooudn
Sun Jan 10, 2021 2:46 pm
Forum: Non-US Investing
Topic: Interactive Brokers Non Responsive
Replies: 4
Views: 768

Interactive Brokers Non Responsive

Has anyone been able to get through via phone call to IB recently? I've been trying to call them about a position transfer for a couple of weeks but haven't been able to get through. They're responding to tickets but I want to talk to a live human about my matter and it's making me nervous. :annoyed
by mooudn
Wed Dec 30, 2020 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing my earning power
Replies: 6
Views: 711

Re: Increasing my earning power

mrmass wrote: Wed Dec 30, 2020 1:06 pm Much of salary is geographical. Where do you live? What type of employer? As in Do you work for the city/state/feds?
How old are you?
northeastern north america...work for a private global consulting firm...34 years old.
by mooudn
Wed Dec 30, 2020 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Increasing my earning power
Replies: 6
Views: 711

Increasing my earning power

Hi guys, I'm a civil engineer who makes around 80k at the moment in the consulting field. My current monthly savings rate is around 15%. Even though I have a good amount in my retirement accounts thanks to some inheritance,I'd like to explore some ways to increase my savings rate. What are some ways...
by mooudn
Sun Dec 27, 2020 11:21 am
Forum: Personal Consumer Issues
Topic: Tips for Frugal Living
Replies: 284
Views: 27059

Re: Tips for Frugal Living

From a New York City dweller who works here as well: 1) Don’t have kids What happens when you teach your golden years...u see ppl around you enjoying grandchildren and all u feel is a void? Not sure this is a discussion for this particular thread but all I’ll say is that more freedom, less optional...
by mooudn
Sat Dec 26, 2020 11:17 pm
Forum: Personal Consumer Issues
Topic: Tips for Frugal Living
Replies: 284
Views: 27059

Re: Tips for Frugal Living

Breezy84 wrote: Sat Dec 26, 2020 9:31 pm From a New York City dweller who works here as well:

1) Don’t have kids
What happens when you teach your golden years...u see ppl around you enjoying grandchildren and all u feel is a void?
by mooudn
Sat Dec 26, 2020 12:35 pm
Forum: Non-US Investing
Topic: Non-USA Domiciles: VT, VWRD, and WD
Replies: 20
Views: 4008

Re: Non-USA Domiciles: VT, VWRD, and WD

VWRD: 53% giant cap 34% Lg cap. 13% mid cap. 0% sm cap. 0% micro cap. what is the allocation of VWRD? is it 100% stocks? For all practical purposes, yes. An ETF's annual report should shows you precisely what it contains. For example: https://www.vanguardinvestor.co.uk/rs/gre/gls/1.3.0/documents/95...
by mooudn
Fri Dec 25, 2020 11:11 pm
Forum: Non-US Investing
Topic: Non-USA Domiciles: VT, VWRD, and WD
Replies: 20
Views: 4008

Re: Non-USA Domiciles: VT, VWRD, and WD

galeno wrote: Tue May 22, 2018 2:40 pm VWRD: 53% giant cap 34% Lg cap. 13% mid cap. 0% sm cap. 0% micro cap.
what is the allocation of VWRD? is it 100% stocks?
by mooudn
Fri Dec 25, 2020 8:11 pm
Forum: Personal Consumer Issues
Topic: Tips for Frugal Living
Replies: 284
Views: 27059

Re: Tips for Frugal Living

MathIsMyWayr wrote: Fri Dec 25, 2020 7:45 pm Not for two high income individuals.
how so? what's considered high income?
by mooudn
Fri Dec 25, 2020 5:43 pm
Forum: Personal Consumer Issues
Topic: Tips for Frugal Living
Replies: 284
Views: 27059

Re: Tips for Frugal Living

MrBobcat wrote: Fri Dec 25, 2020 10:59 am 1. Don't get married.
2. Don't have kids.

:happy
number 2, I agree with..but one could argue that by getting married, not only does economies of scale kick in when you combine spending/expenses but more tax benefits become available to you as well.
by mooudn
Thu Dec 24, 2020 10:48 pm
Forum: Personal Consumer Issues
Topic: Tips for Frugal Living
Replies: 284
Views: 27059

Re: Tips for Frugal Living

Buy high quality stuff at a steep discount and sell it before it wears out or when you’re finished using it. Heck, if you see high quality stuff steeply discounted buy all of it to sell it. I’m currently working my way through 27 items of clothing I’m making $90 profit on each. That’s the frugality...
by mooudn
Wed Dec 23, 2020 8:26 pm
Forum: Personal Consumer Issues
Topic: Tips for Frugal Living
Replies: 284
Views: 27059

Tips for Frugal Living

Hi all, Confession: I'm a cheapskate. I used to be ashamed of it, but not after I realized it's less about how much money I save, but the idea that I'm saving with my frugal habits that's extremely satisfying. I can't help it...I just love to save :moneybag :sharebeer What are some frugal ideas and ...
by mooudn
Tue Dec 22, 2020 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting my Assets
Replies: 73
Views: 2820

Re: Dating & Protecting Wealth

Thoughts on where to meet someone on your financial level: - Tennis is one way if you are into it. There are leagues and clubs where there are many career professionals who play. - If you are into wine or art there events you could go to (Post pandemic). - Professional match making is an option too...
by mooudn
Tue Dec 22, 2020 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting my Assets
Replies: 73
Views: 2820

Re: Dating & Protecting Wealth

Marseille07 wrote: Tue Dec 22, 2020 7:20 pm Depends on your location. Common-law states are very different than community-property states.
In my location, after 2 years of co-habitation, common law provisions of family law kicks in.
by mooudn
Tue Dec 22, 2020 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting my Assets
Replies: 73
Views: 2820

Dating & Protecting Wealth

[Thread merged into here, see below (next page). --admin LadyGeek] Hi all, I am in my mid 30s, with a net worth percentile of 80% and I am currently wanting to get back into the dating scene. I have been going on dates with some men I've met on Match and Hinge, but with most there has been a signif...
by mooudn
Tue Dec 22, 2020 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Scanning and discarding tax documents
Replies: 15
Views: 1248

Scanning and discarding tax documents

Hi all,

Is it ok to discard paper copies of tax return documents (including recent ones)? I am de-cluttering and would like to know if I can scan my paper copies and just keep electronic ones.

Thanks
by mooudn
Fri Oct 16, 2020 10:29 am
Forum: Non-US Investing
Topic: Becoming Tax free in Dubai [Canadian moving to Africa]
Replies: 4
Views: 954

Tax Free an Option?

[Thread merged into here, see below. --admin LadyGeek] Hi folks, I'm a north american national who will be taking a mining job in Africa next year. from my understanding, the mining company transfers my wages to my business account and I have to deal with taxes from there. For tax savings, I'm plan...
by mooudn
Thu Oct 15, 2020 9:29 am
Forum: Non-US Investing
Topic: Becoming Tax free in Dubai [Canadian moving to Africa]
Replies: 4
Views: 954

Becoming Tax free in Dubai [Canadian moving to Africa]

Hi folks, I'm a Canadian citizen who will be taking a mining job in Africa next year. from my understanding, the mining company transfers my wages to my business account and I have to deal with taxes from there. For tax savings, I'm planning on breaking my tax ties with Canada (as I will be in Afric...
by mooudn
Fri Aug 28, 2020 12:03 pm
Forum: Personal Investments
Topic: tempted to market time (elections)
Replies: 11
Views: 864

tempted to market time (elections)

with biden leading, should I sell my position in October and wait for a crash post election to buy in again?
by mooudn
Wed Aug 12, 2020 9:11 am
Forum: Non-US Investing
Topic: Trading with IB
Replies: 4
Views: 667

Trading with IB

Hi guys,

My orders to buy VWRD normally get filled instantaneously. However, recently I've been trying to buy this etf and my order isn't getting filled.

Can anyone explain why?
by mooudn
Mon Jul 27, 2020 10:58 am
Forum: Personal Investments
Topic: Best Pricing Structure
Replies: 3
Views: 296

Re: Best Pricing Structure

ya i looked at this..since i have fixed pricing i should have only been charged 6 GBP (ie $10)
by mooudn
Mon Jul 27, 2020 10:17 am
Forum: Personal Investments
Topic: Best Pricing Structure
Replies: 3
Views: 296

Best Pricing Structure

Hi All, I just traded $79,786.00 of VWRD and got hit with a whopping commision of ~$40. Last I checked I had fixed pricing with interactive brokers so this doesn't make sense. - how can i confirm what pricing structure i have? - would a fixed pricing structure be more cost effective for this stock t...
by mooudn
Mon Jul 27, 2020 9:59 am
Forum: Personal Investments
Topic: Forced liquidation?
Replies: 6
Views: 543

Re: Forced liquidation?

update: i opened a ticket and got the following response: "Whenever an account's Excess Liquidity as a percentage of the Net Liquidation Value is less than 5 % the system automatically sends out a margin warning message. This message is sent as a courtesy for the account holder to check the acc...
by mooudn
Mon Jul 27, 2020 9:09 am
Forum: Personal Investments
Topic: Forced liquidation?
Replies: 6
Views: 543

Re: Forced liquidation?

thanks...how can i make sure i'm margin compliant regardless of what my equities do? and that my cushion doesn't erode? The main thing you can do is 1. Don't buy on margin! which is the same as 2. Don't borrow money to buy stocks. Always use cash. If you cannot do that, then 3. Always have enough c...
by mooudn
Mon Jul 27, 2020 8:53 am
Forum: Personal Investments
Topic: Forced liquidation?
Replies: 6
Views: 543

Re: Forced liquidation?

I don't read it that way. I read that you do not need to do anything as long as your equities do not lose 5%. If they lose more than 5%, then IB will sell some of your shares. They will not warn you and will not let you choose which shares to sell. That is, they will not issue a warning at all (a m...
by mooudn
Mon Jul 27, 2020 8:45 am
Forum: Personal Investments
Topic: Forced liquidation?
Replies: 6
Views: 543

Forced liquidation?

Hi all, I currently have an IB account with ~100k market value of held securities. I only have about $300 in cash in this account.I did a trade this morning and got the attched liquidation message. Does this mean I need to have at least 5k in cash in the account otherwise my position will be liquida...
by mooudn
Sun Jul 26, 2020 1:46 pm
Forum: Investing - Theory, News & General
Topic: China and Stocks
Replies: 34
Views: 2126

Re: China and Stocks

anon_investor wrote: Sun Jul 26, 2020 7:40 am Isn't China already a large part of the international index?
I hold VWRD and only 4.6% is invested in China :/
by mooudn
Sun Jul 26, 2020 7:05 am
Forum: Investing - Theory, News & General
Topic: China and Stocks
Replies: 34
Views: 2126

China and Stocks

I believe that with USA's struggle with the virus and China's relative speedy recovery, the world economic power is switching back to China. As China continues to replace the US as the epicenter of economic growth, should we re-consider our portfolio allocations? Should we be looking at funds that i...
by mooudn
Sun Jul 19, 2020 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Taking advantage of the coronavirus situation [to change careers]...
Replies: 4
Views: 817

Taking advantage of the coronavirus situation [to change careers]...

[thread title edited for clarity - moderator prudent] Hi guys, I'm 10 years into civil engineering but it's not paying much so now im trying to course correct with the least amount of financial damage. What's the best thing i can do now to boost my salary or go into a different field? For example I...
by mooudn
Sat Jul 11, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14734

Re: Hopeless Civil Engineer

Most of the exec MBA programmes do however have distance-learning type options. Such as online classes during term time and then intensive "study weeks" where you get together. You can do a U of Chicago MBA in London, for example. And of course with Covid-19 *all* MBAs will be on-line thi...
by mooudn
Sat Jul 11, 2020 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14734

Re: Hopeless Civil Engineer

My dads an engineer and he told me that the pth to riches as an engineer required picking the right engineering. Traditionally civil engineering paid the least. I have an uncle who made 200 k as a tenured professor at a big school teaching it but he also created a company and had patents years befo...
by mooudn
Sat Jul 11, 2020 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14734

Re: Hopeless Civil Engineer

Do you want to remain in your current field because you enjoy it, do you just want more compensation and not care, or is it a combination of these things? I say this because you could probably increase your compensation by 25-50% by simply taking an entry level software development job at a random ...
by mooudn
Sat Jul 11, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14734

Re: Hopeless Civil Engineer

Hi folks - Thanks again for everyone's suggestions...I re-read everyone's comments and came up with this summary of options (and some follow up questions that might help me narrow down things). I've ruled out JD and MD degrees as I don't have a lot of interest in those subject matters. - stay within...
by mooudn
Thu Jul 02, 2020 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting my Assets
Replies: 73
Views: 2820

Re: Protecting my Assets

One step in that direction would be to keep the funds as an entirely separate account. Don't contribute anything new to it after the marriage so that it is not not commingled with marital assets. I'm not sure if that applies to reinvesting dividends. then what's the point of getting married if your...
by mooudn
Thu Jul 02, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting my Assets
Replies: 73
Views: 2820

Re: Protecting my Assets

MarkBarb wrote: Thu Jul 02, 2020 5:49 pm But it would be a lot more secure if you got a prenup. Why not get a prenup to make things transparent with your spouse-to-be?
he thinks wanting a prenup implies that I'm not fully committed and don't think it's going to last.
by mooudn
Thu Jul 02, 2020 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting my Assets
Replies: 73
Views: 2820

Protecting my Assets

Hi there, I'm about to get married in the near future and have a 100% allocation to equity in my current portfolio. How can I protect myself financially without a prenup? I'm 35 years old if that matters. I know prenups are a sure way but I just don't want to go down that route if possible.
Thanks
by mooudn
Thu Jul 02, 2020 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14734

Re: Hopeless Civil Engineer

My friends who are CE, who were technical contributor or team leads, plateau at the 6 figure mark at mid-career. It is not one of the more lucrative engineering disciplines (vs ME, EE, PE, etc), so expectations need to be adjusted. I guess I just don't want to settle for the lowest paying engineeri...
by mooudn
Thu Jul 02, 2020 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14734

Re: Hopeless Civil Engineer

An engineering degree teaches one how to learn quickly, how to structure thinking and opens a lot of possibilities. Not to mention that an engineer will by definition be very good in math. I have a BSEC and ended up in corporate finance/investment management after getting an MBA. I could also have ...
by mooudn
Thu Jul 02, 2020 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 155
Views: 14734

Re: Hopeless Civil Engineer

Transportation sector means public infrastructure work. So target any company on that list with say more than $50 million revenue from transportation sector. From personal experience in my region, AECOM/WSP/Parsons/STV/GPI/HDR; Not on the list - Liro, Jacobs.. all have those high-paying constructio...