Search found 119 matches

by Skiandswim
Tue Jun 18, 2019 1:48 pm
Forum: Personal Consumer Issues
Topic: Transamerica Bike Race
Replies: 6
Views: 722

Re: Transamerica Bike Race

INSANE biking ! Iron Man is 112 miles ... leader is cranking out 260+ miles/ day! I am thinking of all the calories you need (or an eBike ). Thanks for sharing.
by Skiandswim
Tue Jun 18, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone reassure me - late mortgage payment through no fault of my own
Replies: 9
Views: 1191

Re: Can someone reassure me - late mortgage payment through no fault of my own

+1 "Call them"

I had a bank error that resulted in a late mortgage payment with TD Bank. To cut to the finish, they did not want to discuss the error, BUT forgave the late penalty and eliminated any credit reporting. Good luck
by Skiandswim
Thu Jun 13, 2019 3:20 am
Forum: Personal Finance (Not Investing)
Topic: US Citizen Retiring in Ireland
Replies: 30
Views: 4021

Re: US Citizen Retiring in Ireland

Deloitte Ireland provides a comprehensive tax guide. https://www2.deloitte.com/content/dam/Deloitte/ie/Documents/Tax/ie-tax-ges-moving-to-ireland-tax-guide.pdf Tax and medical systems are one consideration for an international move (or retirement). I find that people need to spend more time planning...
by Skiandswim
Thu Jun 13, 2019 2:43 am
Forum: Personal Investments
Topic: Investing in startups
Replies: 1
Views: 351

Re: Investing in startups

All startups are high risk and many .. many do not survive past initial funding round. In my experience you get to wait 4-8 years for exit with the successful ventures (excluding the quick turn software firms that the news reports). This type of investing runs counter to BH investment philosophy. To...
by Skiandswim
Fri Jun 07, 2019 12:48 pm
Forum: Personal Investments
Topic: Parents' Investment plan--ages 75, both with illness, contemplating retirement home
Replies: 13
Views: 2138

Re: Parents' Investment plan--ages 75, both with illness, contemplating retirement home

I might consider walking your parents through the Vanguard Portfolio Questionnaire given the changes in their health and potential move. The proposed $200,000 shift would create a 27/73 portfolio versus the 64/40 now. https://personal.vanguard.com/us/FundsInvQuestionnaire The capital gains will have...
by Skiandswim
Fri Jun 07, 2019 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer includes stock options. What do I need to know?
Replies: 7
Views: 711

Re: Job offer includes stock options. What do I need to know?

Private firms with stock options need to issue a 409A Valuation report. An IRS Section 409A valuation is an independent appraisal of the fair market value (FMV) of a private company's common stock. This report will contain "fair market" valuation analysis methods along with financials. If the firm w...
by Skiandswim
Fri May 17, 2019 1:08 am
Forum: Personal Finance (Not Investing)
Topic: recruiting firms in NC Research Triangle or Richmond, VA
Replies: 4
Views: 713

Re: recruiting firms in NC Research Triangle or Richmond, VA

RTP / Durham has a very active computer science environment with Phd level demand. Fundamental research at Duke, UNC and NCSU provides talent and attraction for commercial businesses. Duke has top AI /Machine Learning research that has resulted in spinoffs, one example is Infinia that has grow rapid...
by Skiandswim
Sun May 05, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Q re real-estate attorney POA and sale of house owned partly by living trust
Replies: 5
Views: 479

Re: Q re real-estate attorney POA and sale of house owned partly by living trust

We recently sold a home using a POA since we were no longer in state. The POA was accepted by both sides and agents. However, we had considerable push back from the title company five days prior to closing. We had to provide the full living trust document (not a trust certificate) and demonstrate th...
by Skiandswim
Tue Apr 23, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: 529 college savings over-funded - how to proceed?
Replies: 31
Views: 2083

Re: 529 college savings over-funded - how to proceed?

Assuming your child will be applying for financial aid, it is often best to have the 529 Plan owned by a parent versus a grandparent. Aid is reduced by up to 5.64% of parents 529 Plan assets. Grandparent 529 Plan assets are not included in the initial FAFSA calculations, but any distribution to pay ...
by Skiandswim
Thu Apr 11, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Forex gains & losses on Earned Income Abroad
Replies: 2
Views: 258

Re: Forex gains & losses on Earned Income Abroad

In your example, I am assuming you are only making a cash bank deposit in Euros from your paycheck and later transferring some of funds to US bank in USD. I don't believe there is any exchange reporting . If you are moving overseas you should consult a tax advisor! If you make bond / equity investme...
by Skiandswim
Wed Apr 10, 2019 1:48 am
Forum: Non-US Investing
Topic: Expat friendly brokerages as of April 2019?
Replies: 13
Views: 2262

Re: Expat friendly brokerages as of April 2019?

Vanguard and Fidelity have been fine, as long as we retained a US address (not PO box) for the accounts. Schwab has international services available and may direct you to move your accounts from US to their International services. We have had no big issues as we define our moves as "temporary" Artic...
by Skiandswim
Tue Apr 09, 2019 1:55 am
Forum: Personal Finance (Not Investing)
Topic: How to fix taxes paid to wrong state
Replies: 7
Views: 829

Re: How to fix taxes paid to wrong state

If your employer is correcting your W2, they should be correcting the actual payments to CA and NY respectively. CA has information on how employers can make corrections to deposits. I would guess same for NY. Avoids having to file in two states due to error. https://www.edd.ca.gov/payroll_taxes/How...
by Skiandswim
Tue Apr 09, 2019 1:44 am
Forum: Personal Finance (Not Investing)
Topic: Ex-pat jobs for US citizens
Replies: 10
Views: 1414

Re: Ex-pat jobs for US citizens

Made two moves as expat with my corporation. Then a move for wife's startup and later teaching / consulting opportunities. If in a firm, express your interest! If on your own, there are open positions needed worldwide. Not for everyone ... but has been a great experience for our family.
by Skiandswim
Mon Apr 08, 2019 7:07 am
Forum: Personal Investments
Topic: What to do with inherited Preferred Stock @ WF
Replies: 5
Views: 557

Re: What to do with inherited Preferred Stock @ WF

You mentioned you just inherited the preferred stock. Has the account at WF been put into you name or are the assets still in the Estate? I am assuming the account has been transferred to your name at WF. Some limited experience with a relatives WF investment accounts. There can be a series of quart...
by Skiandswim
Mon Apr 08, 2019 3:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard International stocks SEC yield?
Replies: 1
Views: 411

Re: Vanguard International stocks SEC yield?

If you use Compare Products tool on Vanguard Financial Advisors site you can see yield (and make comparisons). This feature does not require account to access. Not sure why not listed on Personal Investor site.

https://advisors.vanguard.com/web/c1/compare-products/
by Skiandswim
Sun Apr 07, 2019 10:36 am
Forum: Investing - Theory, News & General
Topic: Is anyone putting any money into venture capital funds?
Replies: 3
Views: 584

Re: Is anyone putting any money into venture capital funds?

As noted, direct investment in VC Funds requires being an accredited investor along with typically large investment minimums (>$1M with several proven firms) and relationships. Angel Funds are easier to access, but risk is extremely high for first round firms. Performance is all over the map. A smal...
by Skiandswim
Sun Apr 07, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: Mini split AC - thoughts?
Replies: 23
Views: 2020

Re: Mini split AC - thoughts?

Get competitive bids. The cost for HVAC units, and mini-split units, can vary considerably depending on the contractor. You can compare the units based on rated capacity, noise levels and warranty. Past thread that might help: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=252789 We installed...
by Skiandswim
Tue Apr 02, 2019 3:54 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Performance Of State Pension Plans
Replies: 46
Views: 5374

Re: Larry Swedroe: Performance Of State Pension Plans

After reading Larry's article, I was wondering what states had done to reform their pensions (and hopefully not drop this on all tax payers). Report on "Significant Reforms to State Retirement Systems by Keith Brainard & Alex Brown" has an overview of the various actions since 2009. Will it be enoug...
by Skiandswim
Mon Apr 01, 2019 3:19 am
Forum: Personal Investments
Topic: Trust management help
Replies: 18
Views: 1705

Re: Trust management help

You might need to ask you friend for specific details on the Trust to get better advice. Each trust has unique aspects to consider. For instance, is you friend is a Trustee for the Irrevocable Trust? If she is not a trustee, then what is the formal relationship to beneficiary? It is common for Irrev...
by Skiandswim
Sun Mar 31, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: deferred compensation and college savings
Replies: 9
Views: 644

Re: deferred compensation and college savings

I would consider contributing DH increased salary from new position towards Roth IRA or 529 plans and build over time. This may create a more sustainable plan for all your children, without forgoing your retirement savings. For most financial aid calculations (e.g. FAFSA) your 401K and IRA accounts ...
by Skiandswim
Fri Mar 29, 2019 3:18 am
Forum: Personal Consumer Issues
Topic: Shut off water before a vacation
Replies: 78
Views: 6716

Re: Shut off water before a vacation

We always close off water main valve ... "Failure of the plumbing supply system is the #1 cause of non-weather-related water losses" from Chubb. https://www.chubb.com/us-en/individuals-families/water/ I have investigated remote or automatic water shutoff valves, but have not seen a reliable and reas...
by Skiandswim
Thu Mar 28, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit Carry-Forward - Can it be used to offset future US-earned income?
Replies: 3
Views: 325

Re: Foreign Tax Credit Carry-Forward - Can it be used to offset future US-earned income?

I would strongly recommend getting expert advice from a tax expert in your new host country along with US tax accountant. Each country and situation is different. The "optimal" solution is sometimes not obvious (e.g. planning to avoid wealth taxes in addition to income tax) As for your first questio...
by Skiandswim
Mon Mar 25, 2019 8:11 am
Forum: Personal Investments
Topic: Help with wife and I's Retirement Plan
Replies: 21
Views: 1823

Re: Help with wife and I's Retirement Plan

A few thoughts .... 1. His 401k Options – not very attractive ERs. I think you are making a good choice to just get maximum match at 5%. You seem to have some attractive options for the 6% you are no longer putting into your 401K. The Wiki provides information of prioritizing investments: https://ww...
by Skiandswim
Mon Mar 25, 2019 3:52 am
Forum: Personal Consumer Issues
Topic: I would like a boat. I also know nothing about boats
Replies: 147
Views: 9932

Re: I would like a boat. I also know nothing about boats

+1 for 16-18ft Bow-rider. Versatile , easy to operator, reasonable ski / wakeboard boat for kids. Many nice options. +1 US Coast Guard Course. Really helpful (and reduces most boat insurance) Horsepower will depend on how much you really will use to ski / wakeboard. You might be okay with 135 HP for...
by Skiandswim
Sun Mar 24, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Sell our condo or rent it out?
Replies: 17
Views: 1440

Re: Sell our condo or rent it out?

We consider converting a Condo rental (and understood may of the headaches). However, after running even simple cash flow models we sold the condo and reinvested the funds in our portfolio. There are MANY real estate property cash flow model. The fun part is you can run sensitivity analysis to judge...
by Skiandswim
Fri Mar 22, 2019 5:28 am
Forum: Personal Investments
Topic: Investing in start-ups?
Replies: 14
Views: 871

Re: Investing in start-ups?

Angel investing is not necessarily similar to the VC / PE investment processes. There are much higher risks that an exit will not occur for target firms. Angel groups often require considerable personal time to develop a pipeline and screen deals. Then you need to be able to invest in multiple firms...
by Skiandswim
Fri Mar 22, 2019 4:50 am
Forum: Personal Investments
Topic: Early exercised options, then company folded before full vesting. What next?
Replies: 2
Views: 706

Re: Early exercised options, then company folded before full vesting. What next?

Each company has a different plan when it comes to employee stock options. It is important to fully understand the stock options plan requirements to understand how your purchase was handled. It is unusual for a company to allow you to purchase options that are not vested. The firm should have provi...
by Skiandswim
Thu Mar 14, 2019 3:29 am
Forum: Personal Finance (Not Investing)
Topic: Retiring Early and losing RSUs
Replies: 32
Views: 2817

Re: Retiring Early and losing RSUs

+1 Customized exit agreements are done at many corporations. Do your homework by talking with some associates that have "retired" early. Reasons the firm might agree to early RSU vesting ... they desire you to sign non-compete, downsizing, restructuring your position, medical situation, want you to ...
by Skiandswim
Wed Mar 13, 2019 5:43 am
Forum: Personal Investments
Topic: VG platform: What Other means in AA?
Replies: 14
Views: 790

Re: VG platform: What Other means in AA?

I had "Other" increase for a day or so after I had done some investment rebalancing. I have no issues at present. Only information I found from VG was: "Other Money market funds that end with "XX" will be categorized as other investments. Non-Vanguard funds we're unable to categorize due to insuffic...
by Skiandswim
Wed Mar 13, 2019 4:52 am
Forum: Personal Finance (Not Investing)
Topic: U.S. Expats - What To Be Aware Of Tax Wise
Replies: 17
Views: 1862

Re: U.S. Expats - What To Be Aware Of Tax Wise

You might get better advice by providing more details on your potential countries and income approach. Expat relocations can be complex on many levels - cultural fit, language, adapting to change, taxes, visas, etc. For tax and legal issues people often need assistance from in country experts. Some ...
by Skiandswim
Sun Mar 10, 2019 6:35 am
Forum: Personal Investments
Topic: Question regarding AA of inherited Beneficiary IRA
Replies: 2
Views: 261

Re: Question regarding AA of inherited Beneficiary IRA

My approach for an inherited IRA was consistent with BH Wiki for Tax- efficient fund placement https://www.bogleheads.org/wiki/Tax-efficient_fund_placement . Examine overall asset allocation, then adjust by placing least tax-efficient investment in tax-deferred space (e.g. bond allocation). If your ...
by Skiandswim
Thu Mar 07, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: Guest Mike Piper on "Bogleheads on Investing" podcast talking Social Security
Replies: 17
Views: 5094

Re: Guest Mike Piper on "Bogleheads on Investing" podcast talking Social Security

Wonderful podcast! Thank you for investing the time and energy to do this for all of us.
by Skiandswim
Thu Mar 07, 2019 3:09 am
Forum: Personal Finance (Not Investing)
Topic: Employee stock options investment thesis?
Replies: 29
Views: 1986

Re: Employee stock options investment thesis?

I include my options as part of a portfolio asset allocation. I treat the options as a concentrated investment risk within a diversified portfolio, and set a target allocation percentage (based on my risk tolerance). As noted, “in the money” options are more volatile than the underlining stock (stri...
by Skiandswim
Wed Mar 06, 2019 7:28 am
Forum: Non-US Investing
Topic: any experience with these US bank accounts for [US] ex-pat living abroad
Replies: 16
Views: 1885

Re: any experience with these US bank accounts for [US] ex-pat living abroad

I had successfully used Capital One 360 for all my US bills, while living outside US. Works fine. Foreign Account Tax Compliance Act (FATCA) has complicated opening US investment and banking accounts for US expats (one of many articles https://vagabondfinances.com/no-expats-allowed/ ). Y Additional ...
by Skiandswim
Fri Mar 01, 2019 3:33 am
Forum: Personal Consumer Issues
Topic: Spain Vacation
Replies: 21
Views: 1583

Re: Spain Vacation

So much to see and do in Spain ... you will be overwhelmed with choices. You will find lots of information online as noted by other posts. I would recommend some hiking, biking experiences near Barcelona that are wonderful. Cadaqués is small village north of Barcelona on coast, great food and views....
by Skiandswim
Tue Feb 26, 2019 12:15 pm
Forum: Personal Consumer Issues
Topic: Suggestion on high ceiling condo heat issues
Replies: 34
Views: 2144

Re: Suggestion on high ceiling condo heat issues

We had a similar problem, and the previous suggestions of a ceiling fan, running HVAC on fan mode really helped. Most programable thermostats have a fan mode setting by day and time (e.g. Nest). We made a dramatic improvement by adding high and low return air register in the High Ceiling room. In th...
by Skiandswim
Mon Feb 25, 2019 3:19 am
Forum: Investing - Theory, News & General
Topic: Questions for Mike Piper - Next "Bogleheads on Investing" guest
Replies: 22
Views: 2790

Re: Questions for Mike Piper - Next "Bogleheads on Investing" guest

Small topic: How does a US citizen qualify or get credit for U.S. Social Security benefits if they were covered under a foreign Social Security system for a portion of their working career?
by Skiandswim
Sun Feb 24, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Barcelona - Expat Taxes
Replies: 6
Views: 7729

Re: Moving to Barcelona - Expat Taxes

For our situation, we applied for and received "Régimen especial para trabajadores desplazados" which provides tax advantages for 5 years. This eliminates Spain's global wealth tax for assets outside of Spain (not be required to submit ‘Modelo 720 Overseas Assets declaration’). You are subject to a ...
by Skiandswim
Thu Feb 07, 2019 4:34 am
Forum: Personal Consumer Issues
Topic: Best app for foreign money transfers?
Replies: 7
Views: 646

Re: Best app for foreign money transfers?

The "best" app or service for foreign money transfers seem to vary by county. I use Circle Pay for US to Euro, but I see they do not support Chile. https://support.circle.com/hc/en-us/articles/213283083-Supported-Countries Friends have recommend TransferWise, but I do not have personal experience. M...
by Skiandswim
Sat Jan 26, 2019 5:34 am
Forum: Personal Consumer Issues
Topic: Flying from Atlanta to Pune India
Replies: 12
Views: 932

Re: Flying from Atlanta to Pune India

When traveling to Pune / Mumbai, I prefer to make a connection in New York and take the direct flight from New York (EWR) to Mumbai (early AM local time arrival). This can save some time and you only have to sit on one long international flight. Flying from Mumbai to Pune can take longer than arrang...
by Skiandswim
Fri Jan 18, 2019 4:19 pm
Forum: Personal Investments
Topic: Independent Contractor with Zero Investments - Where to Begin?
Replies: 3
Views: 390

Re: Independent Contractor with Zero Investments - Where to Begin?

For 2019 the Roth 401K contribution limits are $19,000 vs $6,000 for Roth IRA. I setup an Individual Roth 401K with Vanguard as an independent consultant. The process was simple and allowed me contribute more for long-term tax advantaged investments.
by Skiandswim
Thu Dec 27, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Where to hold stock certificate from a private company?
Replies: 2
Views: 286

Re: Where to hold stock certificate from a private company?

Many private companies manage their stock certificates and cap tables electronically. Outsource firms, such as Carta, provide web based solutions. You might ask the company if they have or plan to have electronic certificates. In the past I was forced to hold then in a safe deposit box.
by Skiandswim
Wed Dec 19, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Basement minimum height requirement -- can I ignore until house sale?
Replies: 34
Views: 2787

Re: Basement minimum height requirement -- can I ignore until house sale?

Many states have variations for new versus existing buildings, specifically for the ceiling height in a basement. I would double check with a contractor about the statement from building inspector (clarification is sometimes needed). For example, in one state the code allows for "Minimum ceiling hei...
by Skiandswim
Tue Dec 04, 2018 4:40 pm
Forum: Non-US Investing
Topic: Advice on an expat assignment in Vietnam
Replies: 6
Views: 1212

Re: Advice on an expat assignment in Vietnam

Our family has made several expat moves to developing countries. We have found the experience exceptionally valuable; learning new languages, adapting to other cultures, and making great friends. Some thoughts on your questions … Air quality – If you have concerns, have your firm or personally inves...
by Skiandswim
Tue Nov 13, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Salary vs Equity at a startup
Replies: 15
Views: 1634

Re: Salary vs Equity at a startup

For a startup, you must be comfortable with cash burn rate and funding strategy for next round of investment. A startup hiring someone should be very transparent. Most startups do not survive. Cash compensation for a startup often matches the general market, since you are taking a significant compan...
by Skiandswim
Sun Nov 04, 2018 5:11 am
Forum: Personal Investments
Topic: US citizen working abroad - will vanguard limit access to a brokerage account?
Replies: 5
Views: 910

Re: US citizen working abroad - will vanguard limit access to a brokerage account?

The investment situation for US citizens living abroad has been more complicated under Foreign Account Tax Compliance Act (FACTCA). I can relate our experience from several overseas moves. During one move, I updated our mailing address to reflect our overseas address. Vanguard promptly limited my tr...
by Skiandswim
Sun Sep 23, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Non-Filing of IRS Form 990: How to Rectify
Replies: 4
Views: 681

Re: Non-Filing of IRS Form 990: How to Rectify

+1 to legal advise. You might want to exit the Board, this could get complex quickly. IRS penalty is fairly high for 990 late filing ( $20 per day ...). HOA could have lost its non-profit status in certain states when you don't file. IRS link: https://www.irs.gov/charities-non-profits/exempt-organiz...
by Skiandswim
Wed Sep 05, 2018 2:50 am
Forum: Personal Consumer Issues
Topic: Nest vs Arlo (or other) security camera & system
Replies: 16
Views: 1700

Re: Nest vs Arlo (or other) security camera & system

I have a few Netgear Arlo Q cameras for home security. The free cloud data backup service is a good value (120 sec, retained for 7 days). The cameras are powered by USB cable, so no batteries to change. Not recommend for outside use. However, I have placed one outside, under an overhang, with good r...
by Skiandswim
Fri Jan 27, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Barcelona - Expat Taxes
Replies: 6
Views: 7729

Re: Moving to Barcelona - Expat Taxes

WiscoTrout, thanks for the link. I have not used that site yet.

Unfortunately for tax reasons, we will be in Spain for the entire year in 2018. So I have to find options to avoid global income tax and the charming wealth tax.