Search found 973 matches

by HongKonger
Sat May 19, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 60
Views: 3716

Re: Helping Adult Children (but not too much)

I would tell her she can have $X as a graduation gift to spend on what she needs when she needs it with no questions asked, then back off.
by HongKonger
Fri May 18, 2018 12:32 am
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 2633

Re: Hot food flavoring (sauces, spices and peppers)

wasabi
piri piri
Szechuan chile oil
Vindaloo or Madras
by HongKonger
Fri May 18, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 25
Views: 1518

Re: Are there any experienced real-estate people here?

Is the land area big enough to house 2 new builds? I'm thinking if the house is in that bad of a state but the location is outstanding, don't spend anything on the house - just clear it out and clean it and get the yard cut back to show the plot well.
by HongKonger
Wed May 16, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: Unique Phone Apps that you find yourself using most often?
Replies: 30
Views: 2880

Re: Unique Phone Apps that you find yourself using most often?

WTForecast makes me chuckle every time.
Viber because Skype is junk these days.
Google Translate's camera translator.
by HongKonger
Tue May 15, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Interesting/Playful ideas for 1 year baby
Replies: 37
Views: 1459

Re: Interesting/Playful ideas for 1 year baby

Music and singing. Sing everything you are doing. Buy some kiddy CDs like The Wiggles or Scotty and Lulu and sing and dance along. If you want your child to be bi-lingual, now would also be a good time to start with a second language.
by HongKonger
Sat May 12, 2018 6:26 am
Forum: Personal Consumer Issues
Topic: Which City to spend 4-6 weeks?
Replies: 47
Views: 4427

Re: Which City to spend 4-6 weeks?

I don't think we know yet whether those cheap flights from London in to the EU will still be flying in May next year.

If it must be Europe, I would go with Amsterdam.

But really I would say go to Bangkok and then explore SE Asia from there.
by HongKonger
Fri May 11, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 4282

Re: Anyone buy carbon offsets when flying?

I used to offset annually choosing specific reforestation schemes. Now I have reduced my footprint right down and take every opportunity to educate and support other people reducing theirs too - I believe this is the way to go. If you are already veggie, then consider going vegan - the dairy industr...
by HongKonger
Thu May 10, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8775

Re: Retire Internationally for FIRE

On the subject of healthcare costs, I can give a current example from this past week. Ultrasound - USS$20 Consultation with cardiologist, ECG/EKG etc, full blood and urine tests - US$2.50 3 appointments with my Dr - US$0 Prescription meds for fluid retention - US$0.75 Am back at the Dr tomorrow for...
by HongKonger
Thu May 10, 2018 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8775

Re: Retire Internationally for FIRE

MP123 wrote:
Wed May 09, 2018 3:41 pm
HongKonger wrote:
Wed May 09, 2018 2:34 pm
Deep in the Balkans :D
Just how deep does one need to go to get those prices? :happy

You could multiply those by at least 100 for prices in the US...
Not that deep - the poorest in the EU though ;)
by HongKonger
Thu May 10, 2018 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8775

Re: Retire Internationally for FIRE

On the subject of healthcare costs, I can give a current example from this past week. Ultrasound - USS$20 Consultation with cardiologist, ECG/EKG etc, full blood and urine tests - US$2.50 3 appointments with my Dr - US$0 Prescription meds for fluid retention - US$0.75 Am back at the Dr tomorrow for...
by HongKonger
Wed May 09, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8775

Re: Retire Internationally for FIRE

Deep in the Balkans :D
by HongKonger
Wed May 09, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8775

Re: Retire Internationally for FIRE

On the subject of healthcare costs, I can give a current example from this past week. Ultrasound - USS$20 Consultation with cardiologist, ECG/EKG etc, full blood and urine tests - US$2.50 3 appointments with my Dr - US$0 Prescription meds for fluid retention - US$0.75 Am back at the Dr tomorrow for ...
by HongKonger
Tue May 08, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Does it make ANY sense for a US citizen to stash emergency funds overseas?
Replies: 62
Views: 4570

Re: Does it make ANY sense for a US citizen to stash emergency funds overseas?

I would rule out Europe for stashing cash now that Bail In is the default in the case of crashes. As was mentioned previously - if regime change is the concern then a rural property with land and a water source, a good preppers pantry, and the knowhow to live off the land self sufficiently would be ...
by HongKonger
Sun May 06, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why Shouldn't I Buy McDonalds Or Coke?
Replies: 66
Views: 8222

Re: Why Shouldn't I Buy McDonalds Or Coke?

Will the recently introduced Sugar Tax in the UK have an impact? Will it be so successful in combatting obesity and be adopted across Europe and then worldwide? Will it herald a universal shift away from fizzy drinks and flavoured waters? Will single use plastic finally be banned? Will new and emerg...
by HongKonger
Sun May 06, 2018 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 78
Views: 8775

Re: Retire Internationally for FIRE

Yes. Done it. 5 years in. Life is still good.
by HongKonger
Sat May 05, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: Cost versus convenience
Replies: 11
Views: 554

Re: Cost versus convenience

Go for a walk and buy the tool - it's 1 mile away.
by HongKonger
Fri May 04, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 3562

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

What do you know about the housing market such that purchasing in 5 years is the optimal time?
by HongKonger
Tue May 01, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Career change and going back to school at 40+
Replies: 37
Views: 3245

Re: Career change and going back to school at 40+

My mother went back to school age 41 and spent a year taking her basic exams before transitioning onto a nursing course - she was a shop worker before then. There were many people aged 50 plus on my degree course too who went on to become Social Workers and work with the Police aiding young offender...
by HongKonger
Mon Apr 30, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: How do you fund spending in retirement
Replies: 26
Views: 3069

Re: How do you fund spending in retirement

Lieutenant.Columbo wrote:
Sun Apr 29, 2018 4:09 pm
HongKonger wrote:
Sun Apr 29, 2018 1:49 pm
I can pull from the term deposits at any time with no penalty.
Ally Bank No Penalty CDs?
No - I'm not in the US and don't have CDs - these are 'term deposits' ranging from 6 months to 3 years in different currencies held at a regular bank.
by HongKonger
Sun Apr 29, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: How do you fund spending in retirement
Replies: 26
Views: 3069

Re: How do you fund spending in retirement

No SS or pension. 10 yrs of expenses in various term deposits (in lieu of bonds) that spit out interest into a current account that I use as petty cash. Portfolio spits out dividends into a different current account where my credit card is autopaid from in full from each month. If I need a chunk of ...
by HongKonger
Wed Apr 25, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: What happens when you speak in TICKER language.
Replies: 139
Views: 12336

Re: A Rant about Ticker Speak

I don't even remember or recognise the full names of my ETFS - stock codes only.
by HongKonger
Sat Apr 21, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Should I continue to hold REITs?
Replies: 48
Views: 3910

Re: Should I continue to hold REITs?

I think its really misleading that REITS here are referenced en masse when what is being talked about is a US REIT fund. There are plenty of great REITS out in the rest of the world. Maybe if someone wants REITS but isn't fancying US REITS they could look at expanding their ''international'' alloca...
by HongKonger
Sat Apr 21, 2018 2:11 am
Forum: Investing - Help with Personal Investments
Topic: Should I continue to hold REITs?
Replies: 48
Views: 3910

Re: Should I continue to hold REITs?

I think its really misleading that REITS here are referenced en masse when what is being talked about is a US REIT fund. There are plenty of great REITS out in the rest of the world. Maybe if someone wants REITS but isn't fancying US REITS they could look at expanding their ''international'' allocat...
by HongKonger
Fri Apr 20, 2018 2:14 am
Forum: Investing - Theory, News & General
Topic: China Hustle Movie
Replies: 33
Views: 4073

Re: China Hustle Movie

I watched this and sniggered all the way through - sorry. I was amazed that the behaviour of the Chinese firms was met with such shock and incredulity in such recent years when it has been this way for decades. I moved to Hong Kong in 2000 and tales of Mainland firms with offices on the 7th floor of...
by HongKonger
Thu Apr 19, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help to FIRE in Thailand
Replies: 28
Views: 3408

Re: Need Help to FIRE in Thailand

Why not utilise your wife's nationality? Does she have perm res status in Singapore? There must be a better way to structure things via an offshore company or some such. As soon as you elect to file US tax as Married - Filing Jointly, your spouse needs a US ITIN (tax ID number) and every account th...
by HongKonger
Thu Apr 19, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Setting up an SFO (single family office) in Switzerland
Replies: 5
Views: 471

Re: Setting up an SFO (single family office) in Switzerland

I used to work closely with a boutique firm of super specialists in Hong Kong who did only this. They merged with a similar French company who specialise in the same for Europe. SFOs are structured uniquely for each client dependant upon what resources are required to achieve the goals so giving a r...
by HongKonger
Thu Apr 19, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Need Help to FIRE in Thailand
Replies: 28
Views: 3408

Re: Need Help to FIRE in Thailand

Why not utilise your wife's nationality? Does she have perm res status in Singapore? There must be a better way to structure things via an offshore company or some such.
by HongKonger
Thu Apr 19, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 4423

Re: Another discussion about private vs public schools?

What about putting the nuggets name down for the private pre kindy/kindy (obviously as soon as it is born), and then making an assessment of whether to continue or to move based on your child's development.
by HongKonger
Tue Apr 17, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: EXPAT: Strategy when invested in USA and spending in EUROS
Replies: 64
Views: 3875

Re: EXPAT: Strategy when invested in USA and spending in EUROS

I don't bother with bonds - either too low return or too little turnover.. 3 yr USD term deposit where I am is 1%. Same as 1yr Euro deposit. Lets hope it goes back up!
by HongKonger
Tue Apr 17, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8641

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Yes. Not far off what I am doing. Pulled the plug 5 years ago aged 40. Have higher net worth now than I started with. Agree with other posters who mention holding x years expenses in CDs in case the markets tanks.
by HongKonger
Tue Apr 17, 2018 4:51 am
Forum: Investing - Theory, News & General
Topic: Any value investor buying a Russia fund?
Replies: 92
Views: 5923

Re: Any value investor buying a Russia fund?

If the rouble is down but Russia sells oil in dollars isn't that better for them? Just thinking out loud here.
by HongKonger
Mon Apr 16, 2018 1:47 am
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 3672

Re: Unaffordable prescription drug

Foreign travel may be the best bet. I went to Manila to get a ton of inhalers that were up to $400 each in U.S., but just a couple of bucks there. Inhalers are even cheaper here in Europe. Are they really $400 in the US? That's crazy. If I buy them with no prescription, I pay US$4.50. In this speci...
by HongKonger
Sun Apr 15, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 3672

Re: Unaffordable prescription drug

Foreign travel may be the best bet. I went to Manila to get a ton of inhalers that were up to $400 each in U.S., but just a couple of bucks there. Your doc will likely know - or be able to point you to someone who will know. Or just call the pharmacy chains direct in places in Singapore (Watson's),...
by HongKonger
Sun Apr 15, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Dealing with poorly assigned hotel rooms?
Replies: 41
Views: 3252

Re: Dealing with poorly assigned hotel rooms?

If the staff confirmed that the disturbance was real and couldn't stop it they should have called the police or moved you to another room or both. Since they didn't have another room, they should have gotten you and equivalent or better room at another hotel or at least facilitated it, same as they...
by HongKonger
Sat Apr 14, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: What hedge strategies do you employ?
Replies: 29
Views: 2723

Re: What hedge strategies do you employ?

I have fixed income in multiple currencies.
by HongKonger
Sat Apr 14, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: Neem Oil
Replies: 5
Views: 724

Re: Neem Oil

Neem oil is the only control I use in my organic veggie garden. 1 tsp of pure oil in 1 litre of warm water mixed well in a spray gun. It must be applied with regularity when you treat. It can harm bees by gunking up their wings so must be applied early in the morning before they wake up. Because of ...
by HongKonger
Fri Apr 13, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Unaffordable prescription drug
Replies: 42
Views: 3672

Re: Unaffordable prescription drug

Injectable biologics are the only thing left for me. US$11,000 every 3 months. Can't get it on state healthcare. Can't afford it. No biosimilar for another 10 years. My choices are suffer or do chemo (I choose to suffer).

If yours is a monthly, there should be biosimilars now available in Europe.
by HongKonger
Fri Apr 13, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 10373

Re: Mid-40s in tech - how to pass off as acceptably young

Henna - absolutely NOT! I can't stress that enough. You might as well wear a toupee for the result that will get you. Go to a hipster/retro barbers and get a consult.
by HongKonger
Fri Apr 13, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Help me decide what to do with my 30 year old NML whole life policies
Replies: 15
Views: 1223

Re: Help me decide what to do with my 30 year old NML whole life policies

I was sold one of these in my youth also. After 11 years of paying premiums I was able to withdraw 75% - the remaining 25% had to be left "to be eaten by fees for the rest of the policy's life". That remaining 25% I just wrote off, until today when I thought I would check the balance. In the last 7 ...
by HongKonger
Thu Apr 12, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 10373

Re: Mid-40s in tech - how to pass off as acceptably young

People still wear pleated pants :shock: I nearly spat my coffee through my nose.
by HongKonger
Wed Apr 11, 2018 11:47 pm
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 10373

Re: Mid-40s in tech - how to pass off as acceptably young

Take a good hard look at your clothes and the colours you wear. Why not go in a store and ask an assistant to make suggestions for you to try on a new look - tell them you have a new younger woman. Speak to you wife about concealer/highlighter or go to a male 'grooming' counter/store. Get an updated...
by HongKonger
Wed Apr 11, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Any value investor buying a Russia fund?
Replies: 92
Views: 5923

Re: A good time [price wise] to buy Russian Stocks?

3funder wrote:
Mon Apr 09, 2018 2:23 pm
They're super cheap; however, the Russian government is also super shady. I'll pass.
Can I say that about the US government and not get jumped on?
by HongKonger
Wed Apr 11, 2018 1:33 am
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 37997

Re: Name something you bought that wasn't cheap and glad you did

A pair of Prada winter boots. They cost nearly 2 months mortgage payments. 5 years later they still look fabulous.
Frette bedlinen and towels. It's the small things that make life feel luxurious.

As I got older I realised that I'm too poor to buy cheap.
by HongKonger
Tue Apr 10, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Persian Rug Passed Down From Grandmother
Replies: 28
Views: 2228

Re: Persian Rug Passed Down From Grandmother

It is a carpet and designed to be used as such. Unless it is pure handspun silk then you wouldn't believe the battering they can take. They are actually washed by throwing on concrete, pouring cold water all over them and then using laundry detergent and a stiff yard broom are scrubbed heartily befo...
by HongKonger
Sat Apr 07, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: "The Secret"
Replies: 19
Views: 2709

Re: "The Secret"

Its been around for ages. It isn't self help/pop psychology. It is more of a meditative/affirmative tool. Put the CD or the DVD on and fall asleep with it on - it's about feeding your subconscious. Personally I found it opened my eyes to opportunities that were around me.
by HongKonger
Sat Apr 07, 2018 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Is Stock Market the only source of income in retirement ?
Replies: 21
Views: 2377

Re: Is Stock Market the only source of income

Yes. No pension. No SS forthcoming.
by HongKonger
Fri Apr 06, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Hong Kong Investor Portfolio and Asset Allocation Question
Replies: 18
Views: 1132

Re: Hong Kong Investor Portfolio and Asset Allocation Question

Agree with you about the bond situation and MPF. As for hitting target, I would buy a place. You will never earn so much through work as you would on a property there. What you pay in rent currently would no doubt cover a mortgage. Otherwise all good. I just use HSBC personally and accept the US ta...
by HongKonger
Fri Apr 06, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: One week of family vacation in SE Asia. Thailand vs Malaysia?
Replies: 7
Views: 792

Re: One week of family vacation in SE Asia. Thailand vs Malaysia?

With a 7 year old, just look for hotels that have kids clubs on the islands then there are plenty of activities. Bali is not all beaches - Ubud has much more to offer than the coast. Phuket is just a more expensive version of Koh Samui. Langkawi is similar to Koh Samui. Had you considered Borneo? Pe...
by HongKonger
Thu Apr 05, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Would you change approach if no kids, no family?
Replies: 15
Views: 1961

Re: Would you change approach if no kids, no family?

No spouse, no kids. Sold business and retired 5 years ago aged 41 to a little place in the countryside. Thoroughly enjoying life.
by HongKonger
Thu Apr 05, 2018 4:23 am
Forum: Investing - Help with Personal Investments
Topic: Hong Kong Investor Portfolio and Asset Allocation Question
Replies: 18
Views: 1132

Re: Hong Kong Investor Portfolio and Asset Allocation Question

Agree with you about the bond situation and MPF. As for hitting target, I would buy a place. You will never earn so much through work as you would on a property there. What you pay in rent currently would no doubt cover a mortgage. Otherwise all good. I just use HSBC personally and accept the US tax...