Search found 144 matches

by Skiandswim
Mon Jun 01, 2020 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Visiting Grandchildren from Singapore Health Insurance
Replies: 4
Views: 378

Re: Visiting Grandchildren from Singapore Health Insurance

+1 to have them purchase travel insurance. We have purchased travel policies (EU) that include USA for less the $300 for a year of coverage (no more than 90 days travel at one time). Basically emergency medical coverage.
by Skiandswim
Thu May 28, 2020 12:13 pm
Forum: Personal Investments
Topic: Vanguard removes performance by account?
Replies: 4
Views: 791

Re: Vanguard removes performance by account?

Option to view performance by account(s) still exists on Safari Mac OS version also.
by Skiandswim
Tue May 26, 2020 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Expat taxes: Totalization Agreement and Self Employment tax
Replies: 8
Views: 393

Re: Expat taxes: Totalization Agreement and Self Employment tax

I recommend you read through the Portugal / USA social security agreement (not that complex). The section on "Certificates for self-employed people" page 4 defines the document required to not pay Self-Employed social security taxes into both country systems (e.g. pay Portugal only). https://www.ssa...
by Skiandswim
Mon May 25, 2020 4:57 am
Forum: Personal Investments
Topic: Vanguard Total Bond vs Intermediate Tax Exempt
Replies: 10
Views: 1109

Re: Vanguard Total Bond vs Intermediate Tax Exempt

Total Bond Market (VBTLX) duration is up to 6.3 years and SEC yield at 1.48%, both unfavorable versus IT Tax Exempt (VWIUX) with duration of 4.9 years and 1.81% SEC yield. Credit holdings BBB or lower are smaller % of holding (9% vs 18%) for IT Tax Exempt vs Total Bond Market. I am favoring IT Tax E...
by Skiandswim
Fri May 22, 2020 5:56 am
Forum: Non-US Investing
Topic: Charles Schwab brokerage funding in foreign currency
Replies: 7
Views: 436

Re: Charles Schwab brokerage funding in foreign currency

I have had challenges with the Charles Schwab international transfers (maybe just operator error). Now I just use TransferWise (several other similar services), enter my associated debit card and funds are exchanged and deposited into USD / Euro account. Small fee ~ 0.5-1%, but exchange rates seem v...
by Skiandswim
Thu May 21, 2020 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Child inheritance -change executor?
Replies: 20
Views: 1390

Re: Child inheritance -change executor?

+1 for get a copy of Trust document. For example, determine trustee designation and process for change of trustee. You generally need to obtain the consent of all the other beneficiaries and that of the trustee(s). If trustee consent cannot be obtained, your only option may be to petition the court....
by Skiandswim
Tue May 19, 2020 11:04 am
Forum: Investing - Theory, News & General
Topic: Updating Outside Investments on Web Site [Vanguard]
Replies: 25
Views: 1451

Re: Updating Outside Investments on Web Site [Vanguard]

Vanguard was limiting customer access to Vanguard Other Investments feature a few years ago (not a default). Not sure the status currently for new customers. I have used the feature for several years. I have had challenges with Vanguard Other Investments feature - some accounts don't refresh, no lin...
by Skiandswim
Mon May 18, 2020 2:56 pm
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1175

Re: Simplest way to gift shares at Vanguard

For gift transfers between Vanguard account, I just called Vanguard and use the voice verification system to execute the order. You need to specify the number of shares (can't specify exact $ amount, so I aim below $15K limit) and specific lots (unless using average cost basis). Takes about 2 days f...
by Skiandswim
Wed May 13, 2020 4:14 am
Forum: Personal Consumer Issues
Topic: WFW (Work from Wherever)
Replies: 70
Views: 6312

Re: WFW (Work from Wherever)

WTW anywhere in Europe will be a challenge this summer. Spain announced 14 day quarantine for all arriving travelers. Similar plans and discussions in various EU countries. Medical insurance is not a minor consideration as many policies now exclude COVID-19 as a known risk (https://www.thetravelmaga...
by Skiandswim
Mon May 11, 2020 1:51 am
Forum: Personal Consumer Issues
Topic: Should I purchase my end-of-lease Audi A4?
Replies: 58
Views: 3412

Re: Should I purchase my end-of-lease Audi A4?

I would let the lease end and look to purchase another car later. After owning several Audis, the cost of repair is now well above industry average. I was fortunate to have a reasonable local mechanic and cars with below average problems (not risking it again). Residual values for used cars dropped ...
by Skiandswim
Wed Apr 29, 2020 3:53 am
Forum: Personal Consumer Issues
Topic: Aer Lingus Cancellation - Waiver or Refund?
Replies: 14
Views: 954

Re: Aer Lingus Cancellation - Waiver or Refund?

Aer Lingus is owned by International Consolidated Airlines Group (IAG), which also operates British Airways, Vueling, and Iberia. They had $7 billion is cash prior to crisis. They expect recovery to take 2 years (into 2022) and have announced layoffs of 12,000 people. Based on their forecast, airlin...
by Skiandswim
Tue Apr 28, 2020 3:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard Household Statements AGAIN!
Replies: 11
Views: 1616

Re: Vanguard Household Statements AGAIN!

We are similar to other posts - Vanguard household statement includes regular brokerage account, revocable trust accounts, and IRAs. The statement does not include 529 plans, inherited IRA or irrevocable trusts. We track consoldiated investment portfolio on a spreadsheet (consolidate Fidelity, Vangu...
by Skiandswim
Sat Apr 25, 2020 12:17 pm
Forum: Personal Investments
Topic: US citizen living in EU [semi-retirement portfolio advice]
Replies: 5
Views: 361

Re: US citizen living in EU [semi-retirement portfolio advice]

US citizen based in Spain and have faced a similar situation for euro hedging. Our approach has been to hold 1 year in expenses in local bank (euros). You can split funds across multiple banks to stay under 100,000€ deposit guarantee limit if required. We are able to then forget about currency excha...
by Skiandswim
Wed Apr 22, 2020 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Expert Consultant: $110 / hr??
Replies: 70
Views: 6433

Re: Expert Consultant: $110 / hr??

Rates run $300 and above for a such a limited engagement. They are looking for your critical knowledge and insights (gained over years), not a long term engagement. Read carefully any request for non-disclosure or confidentiality.
by Skiandswim
Wed Apr 22, 2020 5:54 am
Forum: Personal Investments
Topic: Retirees: Walk me thru your portfolio drawdown process
Replies: 39
Views: 3600

Re: Retirees: Walk me thru your portfolio drawdown process

My portfolio is 64% equity / 33% bonds / 3% Cash. Before retirement I spent a bit too much time modeling and considering withdrawls. Once retired, the process was simpler than I anticipated. I keep 1+ year in cash at bank for expenses. Throughout the year I direct dividends and capital gains to mone...
by Skiandswim
Tue Apr 21, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: CARES Act Above the Line Charitable Deduction: $300 or $600 for MFJ?
Replies: 30
Views: 2797

Re: CARES Act Charitable Giving Incentives Deduction

Good explanation of incentive from Make-A-Wish: https://wish.org/stimulus
Yes, $600 for married couple that use standard deductions (versus itemized deductions)
by Skiandswim
Fri Apr 17, 2020 8:37 am
Forum: Personal Consumer Issues
Topic: Potential Domestic Flight Cancellations by Airlines
Replies: 3
Views: 314

Re: Potential Domestic Flight Cancellations by Airlines

I was successful in receiving a refund for an American Airlines US flight that was rescheduled. You can politely ask for a supervisor to assist if there are difficulties. Their policies may have changed from two weeks ago,
by Skiandswim
Sat Apr 11, 2020 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 12932

Re: Executive pay cut request: How to respond?

My personal observations during the Financial Crisis, employment contract severance provisions were not necessarily followed. Firms invoked force majeure clauses, made broad interruptions, or just ignored provisions (better to face legal challenge later than pay cash now). Take care if you pursue th...
by Skiandswim
Fri Apr 10, 2020 4:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard Podcast
Replies: 3
Views: 404

Re: Vanguard Podcast

Vanguard has posting 30+ informative discussions on Youtube over past 4 weeks.
https://www.youtube.com/user/Vanguard/videos

I have no idea why Podcasts have stopped for now.
by Skiandswim
Wed Apr 01, 2020 12:05 pm
Forum: Personal Investments
Topic: Considering moving Trust account
Replies: 6
Views: 461

Re: Considering moving Trust account

+1 for Vanguard. I have a Trust and Nonprofit with Vangaurd. Simple process. However, I am self managing these funds as one of the Trustees.
by Skiandswim
Fri Mar 20, 2020 4:35 am
Forum: Personal Finance (Not Investing)
Topic: Coronavirus-related DAF donations
Replies: 3
Views: 229

Re: Coronavirus-related DAF donations

One additional resource for charities to assist with COVID-19: https://www.charitynavigator.org/index.cfm?bay=content.view&cpid=7779 The Center for Disaster Philanthropy - COVID-19 response fund is very focused on three critical needs: https://disasterphilanthropy.org/cdp-fund/cdp-covid-19-response-...
by Skiandswim
Tue Mar 17, 2020 4:31 am
Forum: Personal Consumer Issues
Topic: Coronavirus - Those in Europe that are a few weeks ahead I have a few questions
Replies: 5
Views: 1128

Re: Coronavirus - Those in Europe that are a few weeks ahead I have a few questions

We are based in Barcelona, Spain so only about 5 days into quarantine (and many days to go). Overall, the communication and process in Spain has been very good. Measures were announced in advance and rolled out in a logical order. Overall approach is to dramatically reduced social contact and test. ...
by Skiandswim
Fri Mar 13, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Cancel Europe Trip Now?
Replies: 10
Views: 1084

Re: Cancel Europe Trip Now?

An American living in Spain. European actions to slow the coronavirus' impacts on healthcare systems are moving swiftly in Europe. In one week, many countries have moved from containment testing to closure of almost all activities (e.g. Barcelona / Madrid have closed all businesses except food and p...
by Skiandswim
Tue Mar 03, 2020 10:21 am
Forum: Personal Consumer Issues
Topic: Moving out of usa for 12-14 months : requesting suggestions
Replies: 13
Views: 1065

Re: Moving out of usa for 12-14 months : requesting suggestions

We have "parked" our phone number using a cheap T-mobile prepaid plan. This allows you to retain your US number. In addition, I use a T-mobile regular plans that includes free international data. I can use US chip traveling in regions that my EU chip would be costly. Also, this has been very helpful...
by Skiandswim
Tue Jun 18, 2019 1:48 pm
Forum: Personal Consumer Issues
Topic: Transamerica Bike Race
Replies: 6
Views: 741

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: 1213

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: 4084

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: 360

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: 2170

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: 727

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: 729

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: 498

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: 2102

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: 267

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: 19
Views: 3724

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: 904

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: 1427

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: 599

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: 428

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: 646

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: 2122

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: 5474

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: 1792

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: 675

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: 6888

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: 354

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: 1862

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: 10452

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...