Search found 20 matches

by EverydayWallSt
Mon Jan 18, 2021 3:48 am
Forum: Non-US Investing
Topic: Golden Visa Programs
Replies: 43
Views: 6202

Re: Golden Visa Programs

I understand the concern - felt a bit like a leap of faith until until we received the keys to our house. We found a lawyer who had been recommended multiple times on various expat forums dating back many years. I figured if they were still in business, they probably weren’t a scam. Also found there...
by EverydayWallSt
Thu Jan 07, 2021 9:58 am
Forum: Non-US Investing
Topic: Golden Visa Programs
Replies: 43
Views: 6202

Re: Golden Visa Programs

No, we live in Portugal now. We just wanted the flexibility to be able to move elsewhere in the EU if we wanted in the next 5 years and still be on track to get citizenship in year 5. We have that flexibility with the Golden Visa. Our visa allows us to live and work anywhere in the Shenzhen for the ...
by EverydayWallSt
Wed Jan 06, 2021 6:16 pm
Forum: Non-US Investing
Topic: Golden Visa Programs
Replies: 43
Views: 6202

Re: Golden Visa Programs

I did the Golden Visa program in Portugal. Alternatively, you can avoid an investment by getting a pensioners’ visa (D7) if you wanted, but, for us, the golden visa was worth it. We wanted the freedom to be out of country whenever we wanted (can get citizenship after 5 years by only being in country...
by EverydayWallSt
Tue Dec 01, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 509
Views: 49680

Re: JPM Chase Reserve Card gets more expensive

The card now gives $120 off Peloton monthly fees (Peloton All Access or Digital), in aggregate. I have peloton so this is free money to me. Just need to set your CSR card to be the default payment method for your monthly Peloton fees. Cheers.
by EverydayWallSt
Mon Nov 02, 2020 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement in Portugal
Replies: 8
Views: 1131

Re: Retirement in Portugal

Yes, there was a thread recently titled “retiring abroad” that covered some of the same, but here the info on my private health insurance. I’m also now signing up for the public too. A few people have messaged me asking about insurance. I signed up for AFPOP (an association for expats in Portugal) -...
by EverydayWallSt
Mon Nov 02, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement in Portugal
Replies: 8
Views: 1131

Re: Retirement in Portugal

We did this this year, and love it here (though obviously a bit tough not having people visit because of the pandemic). Where are you planning to live? We’re in the Algarve, by the beach. Best of luck!
by EverydayWallSt
Wed Oct 07, 2020 4:41 am
Forum: Investing - Theory, News & General
Topic: If equity investors are entitled to the net income of a company, why are DCFs used?
Replies: 8
Views: 616

Re: If equity investors are entitled to the net income of a company, why are DCFs used?

You then need to get from TEV to equity value (equity value = TEV - debt + cash) Given that TEV = market cap - cash + debt, you are saying that market cap = equity value? And the "cash" in your equation would just be the resulting value from the DCF? Thanks. Yes, market cap is basically e...
by EverydayWallSt
Wed Oct 07, 2020 4:04 am
Forum: Investing - Theory, News & General
Topic: If equity investors are entitled to the net income of a company, why are DCFs used?
Replies: 8
Views: 616

Re: If equity investors are entitled to the net income of a company, why are DCFs used?

That said, there are a number of ways to value a business and DCF is just one. The three most common methodologies used on Wall St are DCF (intrinsic value) and trading comps and M&A precedents (both of which are relative valuation methodologies). Trading and M&A comps take a multiple-based ...
by EverydayWallSt
Wed Oct 07, 2020 3:53 am
Forum: Investing - Theory, News & General
Topic: If equity investors are entitled to the net income of a company, why are DCFs used?
Replies: 8
Views: 616

Re: If equity investors are entitled to the net income of a company, why are DCFs used?

DCF (discounted cash flow) as you generally think about it delivers the intrinsic value of the enterprise as a whole (not equity). This is assuming a standard DCF of the unlevered free free cash flows (cash flow before debt service) and discounting using the WACC (weighted average cost of capital (b...
by EverydayWallSt
Thu Sep 03, 2020 5:21 pm
Forum: Investing - Theory, News & General
Topic: Selling SPY options, gains seem too good? Do I misundertand
Replies: 23
Views: 2115

Re: Selling SPY options, gains seem too good? Do I misundertand

You’re looking at the Call. The Put expiring tomorrow will be basically worthless.
by EverydayWallSt
Fri Aug 28, 2020 5:07 am
Forum: Personal Consumer Issues
Topic: Moving abroad with young children, no international connections: Crazy?
Replies: 64
Views: 5299

Re: Moving abroad with young children, no international connections: Crazy?

Would love to hear about your experience in Portugal. We love Lisbon and it's the first place that comes to mind when talking about moving abroad. Feel free to PM We moved to the Algarve because the weather is better for us. Surfing and swimming are a big part of the life we wanted. Kids in private...
by EverydayWallSt
Thu Aug 27, 2020 3:58 pm
Forum: Personal Consumer Issues
Topic: Moving abroad with young children, no international connections: Crazy?
Replies: 64
Views: 5299

Re: Moving abroad with young children, no international connections: Crazy?

We moved to Europe (Portugal) right before Covid. It was a huge paperwork process, but so far, feels right for our family. We had similar “now or never” view. The kids are only young once, the grand parents are going to get older, it’s harder to move a kid in middle school than in elementary or pre ...
by EverydayWallSt
Wed Aug 26, 2020 3:47 pm
Forum: Personal Consumer Issues
Topic: Summer internship in LA - live without a car, possible?
Replies: 20
Views: 1411

Re: Summer internship in LA - live without a car, possible?

Yes, when I used to go to my old office in LA, with Uber and Lyft, not having a car at that age had become the new normal. They used to all have cars 10 years ago. Now they rideshare to work and ride scooters on weekends. Other than Covid.
by EverydayWallSt
Mon Jul 06, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: What money saving apps do you use that are worth your time?
Replies: 20
Views: 1964

Re: What money saving apps do you use that are worth your time?

Bogleheads tend to go for simplicity and passiveness, which I love. There are so many apps out there that let you save a dollar here or there. For example: Pei Freebird eBates/Rakuten ... I have used Rakuten (used to be eBates) for years and it’s saved me a lot of money. Basically, anytime I want t...
by EverydayWallSt
Tue Jun 30, 2020 3:15 pm
Forum: Personal Investments
Topic: Rental properties: best-performing asset class in 2020?
Replies: 55
Views: 2168

Re: Rental properties: best-performing asset class in 2020?

What interest rates are you getting on rental property mortgages you are purchasing this Spring? Even with a nice mortgage, it's pretty tough to have positive cash flow with only 20% down unless you bought the property for much less than it should have been sold for. As one data point, I closed a r...
by EverydayWallSt
Sun Jun 21, 2020 9:02 am
Forum: Personal Consumer Issues
Topic: Retiring Abroad
Replies: 110
Views: 14930

Re: Retiring Abroad

Details on health insurance plans in Europe? Website? Costs? I'm a duel US /Irish citizen since my dad was an immigrant, but we have not lived in Europe but plan to travel the continent staying here and there for a month or 6 weeks at a time. Medical coverage/care is holding me back and a big conce...
by EverydayWallSt
Sat Jun 20, 2020 1:05 am
Forum: Personal Consumer Issues
Topic: Retiring Abroad
Replies: 110
Views: 14930

Re: Retiring Abroad

This sounds awesome! Something my family and I are thinking seriously about as well. I do have some questions for you though: Do you worry about (or do you know anyone with) developing a pre-existing healthcare condition, and if so how do they handle it with health insurance? This can be an issue w...
by EverydayWallSt
Thu Jun 18, 2020 3:21 pm
Forum: Personal Consumer Issues
Topic: Retiring Abroad
Replies: 110
Views: 14930

Re: Retiring Abroad

We did this this year. Quit my job after 2019 bonuses were paid in February of 2020 and “FIRED” and moved with my family from a HCOL in the US to the beach in Portugal. Right before the world shut down for the virus. Happy to answer any questions if I can help. It’s been a great experience so far, o...
by EverydayWallSt
Thu Jun 18, 2020 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Would you rent your house to a famous athlete?
Replies: 104
Views: 8307

Re: Would you rent your house to a famous athlete?

I’ve rented a couple properties to the adult kids of celebrities. It’s actually worked out in both cases for me - they were both a bit more picky about maintenance issues than I was used to, but everything was handled through the family office or money manager. So all payments were on time, large se...
by EverydayWallSt
Thu Jun 18, 2020 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Personal line of credit (Home equity loan) - fees, without drawing down
Replies: 14
Views: 834

Re: Personal line of credit (Home equity loan) - fees, without drawing down

I did the same, before quitting my job. I got mine from Pentagon Federal Credit Union / PenFed. No fees or out of pocket expenses whatsoever. I’ve yet to use it / hopefully never do.