Search found 2001 matches

by bpp
Sat Nov 16, 2019 6:46 am
Forum: Non-US Investing
Topic: Beginner - US/JP dual citizen in Tokyo
Replies: 12
Views: 740

Re: Beginner - US/JP dual citizen in Tokyo

Sure, will do.
by bpp
Fri Nov 15, 2019 10:10 pm
Forum: Non-US Investing
Topic: Beginner - US/JP dual citizen in Tokyo
Replies: 12
Views: 740

Re: Beginner - US/JP dual citizen in Tokyo

Also, some detail in this wiki page: Investing in Japan for US citizens and US permanent residents - Bogleheads ( bpp , can you say if the information in this page remains up to date? Thanks. ) Hi TedSwippet All still true as far as I know, though I am not following in detail anymore exactly what t...
by bpp
Wed Nov 13, 2019 7:13 am
Forum: Non-US Investing
Topic: Beginner - US/JP dual citizen in Tokyo
Replies: 12
Views: 740

Re: Beginner - US/JP dual citizen in Tokyo

Your best bet may be to buy Vanguard funds or other US-domiciled funds through Nomura Shoken. They would handle tax paperwork correctly for both your US and Japanese taxes (at least for the Vanguard and other US-domiciled funds). This keeps you out of PFICs. Disadvantage: you mentioned a language ba...
by bpp
Tue Oct 22, 2019 6:28 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4137
Views: 1188157

Re: What Book Are You Currently Reading? Part VI

Stasiland , by A. Funder. If you have been to the Stasi museum in Berlin, you will recognize the atmosphere. It is a recount of testimonies from common people and low-range citizens in politics (former agents and collaborators, a tv personality, young opposers) through the author's voice. Light pro...
by bpp
Fri Oct 18, 2019 8:31 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10458

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

OP HERE The reason why I use Android is because "it just works" and yet that is the reason why people use iPhones which is why this is perplexing to me. I agree that Android is more intuitive, and does a better job of “just working” without having to think or learn too much. The user interface is d...
by bpp
Fri Oct 18, 2019 6:58 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10458

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I find it not so easy with just Japanese and English. For one thing, the little “globe” icon for language-switching changes position depending on which language mode one is in. Not nice. Then the emoji keyboard likes to insert itself randomly in the keyboard list, so when you do hit the globe icon,...
by bpp
Thu Oct 17, 2019 9:29 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10458

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

—Text editing in particular is needlessly difficult. Why are there no arrow keys on the keyboard?? The whole iOS keyboard is basically a trackpad if you press down. I think it's a fantastic implementation. (I think on the newest phones without the 3D Touch sensor, you hold the space bar and then sl...
by bpp
Thu Oct 17, 2019 6:57 am
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 10458

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

I switched from Android a couple of years ago when my phone started hanging up and freezing randomly. Walked into store planning to get a new Android, walked out with an iPhone. Main reason was price — the iPhone was cheaper than the equivalent-spec Android that I was interested in. Also, rest of my...
by bpp
Mon Oct 14, 2019 4:38 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1268019

Re: What Movie Have You Recently Watched?

Aniara , Swedish SF, picked up on a lark at DVD rental store without knowing anything about it. It was good! Turns out to be based on a poem by Nobel prize winner Harry Martinson. Very moody, “slow SF.” Thought I caught a couple of homages to Tarkovsky’s Solaris (almost-duplicate of opening shot of...
by bpp
Thu Oct 10, 2019 8:08 pm
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 9855

Re: Do you carry your passport with you during international travel?

If you are in Japan as a foreign visitor, you are required to carry your passport with you at all times. Not a passport card, not a Global Entry card, not a copy or photo of your passport, but the passport itself. (Foreign residents are required to carry their residence cards instead.) And yes, pol...
by bpp
Thu Oct 10, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 9855

Re: Do you carry your passport with you during international travel?

If you are in Japan as a foreign visitor, you are required to carry your passport with you at all times. Not a passport card, not a Global Entry card, not a copy or photo of your passport, but the passport itself. (Foreign residents are required to carry their residence cards instead.) And yes, poli...
by bpp
Wed Oct 02, 2019 3:45 am
Forum: Personal Investments
Topic: Creating "your own Index ETF"
Replies: 14
Views: 916

Re: Creating "your own Index ETF"

You might find the wiki page on Passively managing individual stocks relevant.
by bpp
Sat Sep 21, 2019 4:32 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Individual Stock Investing Increases Risk
Replies: 105
Views: 6438

Re: Larry Swedroe: Individual Stock Investing Increases Risk

"randomly chosen stocks " One who would seriously invest their savings would not randomly choose stocks...they would do careful research. I would argue almost the opposite. A serious investor who believes in efficient markets would randomly choose stocks. Such an investor would recognize that caref...
by bpp
Mon Sep 16, 2019 9:09 pm
Forum: Non-US Investing
Topic: Not so happy in Denmark... individual stocks better than index funds? [US ex-pat]
Replies: 43
Views: 4269

Re: Not so happy in Denmark... individual stocks better than index funds? [US ex-pat]

What is with all the recommendations for Berkshire Hathaway? It is a single company, headed by an aged CEO who is the source of much of its appeal. Before someone says it is diversified, so is GE. It is still a single stock.
by bpp
Sun Sep 15, 2019 11:16 pm
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 128
Views: 10200

Re: Minivan Vs SUV Experience

Husker4theSpurs wrote:
Sun Sep 15, 2019 11:03 pm
I think I would be more apt to choose that if the Toyota Sienna wasn't so due for a re-model.
Is that the only AWD minivan option where you live? That does make it a tougher decision. On the bright side, it should have all the bugs worked out by now, which may not be true of a new re-model.
by bpp
Sun Sep 15, 2019 10:42 pm
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 128
Views: 10200

Re: Minivan Vs SUV Experience

How about an AWD minivan, as you mention at the end of your post? I think a minivan will generally be more spacious than an SUV, and easier for little kids and aged parents and in-laws to get in and out of. Also little things like tires not being oversized make maintenance cheaper. I think fuel effi...
by bpp
Sun Sep 15, 2019 8:56 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1268019

Re: What Movie Have You Recently Watched?

Bit of a marathon: Amundsen — Historical drama about the famed polar explorer. Gives a sense of the good and bad sides of his passionate, driven personality. Enjoyed quite a bit. Rocketman — Disappointing. 1) It turned out to be a musical, and I generally dislike musicals. But that could still have ...
by bpp
Sun Sep 15, 2019 7:41 pm
Forum: Non-US Investing
Topic: Not so happy in Denmark... individual stocks better than index funds? [US ex-pat]
Replies: 43
Views: 4269

Re: Not so happy in Denmark... individual stocks better than index funds?

But regarding OP's stock question: individual stocks are indeed an option, but only if you're willing to get clued up on proper company valuation - not something that's fast or easy. No need to learn about valuation, I’d argue. Please see the wiki page on Passively managing individual stocks : “Not...
by bpp
Mon Jun 10, 2019 6:51 am
Forum: Personal Investments
Topic: Rethinking Individual Stocks
Replies: 76
Views: 8114

Re: Rethinking Individual Stocks

Can you develop this? If I have : A: 200 shares at $30 with cost basis $20 B: 100 shares at $30 with cost basis $10 Why is beneficial selling A instead of B? I think the correct comparison is selling 100 shares of A vs. 100 shares of B. You get one half of the capital gains for the same total proce...
by bpp
Mon Jun 03, 2019 3:04 am
Forum: Personal Investments
Topic: Rethinking Individual Stocks
Replies: 76
Views: 8114

Re: Rethinking Individual Stocks

What I love about my individual stocks is Tax Loss Harvesting. While most of my individual stocks are up in value, some have gone down. [...] Conclusion: Investing some of your money in individual stocks makes sense. Yes, there is even a wiki page on doing this for tax reasons: https://www.boglehea...
by bpp
Fri May 31, 2019 8:01 pm
Forum: Personal Investments
Topic: Rethinking Individual Stocks
Replies: 76
Views: 8114

Re: Rethinking Individual Stocks

What I love about my individual stocks is Tax Loss Harvesting. While most of my individual stocks are up in value, some have gone down. [...] Conclusion: Investing some of your money in individual stocks makes sense. Yes, there is even a wiki page on doing this for tax reasons: https://www.boglehea...
by bpp
Fri May 10, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 13043

Re: What is your U.S./ex-U.S. stock allocation?

Valuethinker wrote:
Fri May 10, 2019 6:40 am
Roughly 65% non US
35% USA
Similar. About:
32% US
68% non-US
by bpp
Thu May 02, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: Areas similar to Jungfrau region in terms of transportation
Replies: 23
Views: 1793

Re: Areas similar to Jungfrau region in terms of transportation

Perhaps the Tateyama Kurobe Alpine Route in the Japanese Alps?
by bpp
Fri Feb 01, 2019 6:22 pm
Forum: Investing - Theory, News & General
Topic: It was a dip. Did you notice? The December drop is over.
Replies: 96
Views: 12662

Re: It was a dip. Did you notice? The December drop is over.

livesoft wrote:
Wed Jan 30, 2019 7:40 am
It is almost the end of January. Does this thread need an update?
This just in: December is still over.
by bpp
Thu Jan 31, 2019 7:52 pm
Forum: Non-US Investing
Topic: [Japan] Investing in NISA
Replies: 11
Views: 3089

Re: [Japan] Investing in NISA

I don’t think it makes a huge difference either way. Personally, I lump-sum into NISA at the beginning of the year, then put monthly contributions into taxable.
by bpp
Thu Jan 31, 2019 3:13 am
Forum: Non-US Investing
Topic: Optimal equity home bias for non-U.S. investors
Replies: 46
Views: 2483

Re: Optimal equity home bias for non-U.S. investors

Fair enough. It certainly the total volatility that counts in the end, but your assumption is based on a 60/40 portfolio and would not be so valid in a 30/70. True. My portfolio is closer to 60/40 than it is to 30/70, so the Vanguard numbers are in the ballpark for my case. I have also run back tes...
by bpp
Thu Jan 31, 2019 1:55 am
Forum: Non-US Investing
Topic: Optimal equity home bias for non-U.S. investors
Replies: 46
Views: 2483

Re: Optimal equity home bias for non-U.S. investors

I think the Vanguard paper we are talking about is this one: https://personal.vanguard.com/pdf/icrifi_032012_high.pdf They show volatilities for 60/40 stock/bond portfolios for varying ratios of US/non-US stocks and bonds. For example, using the tables on pages 7 and 10, assuming both stocks and bo...
by bpp
Wed Jan 30, 2019 10:24 pm
Forum: Non-US Investing
Topic: Optimal equity home bias for non-U.S. investors
Replies: 46
Views: 2483

Re: Optimal equity home bias for non-U.S. investors

That same paper showed that unhedged bonds only add slightly more volatility than hedged ones. It really did not make a convincing case for the importance of hedging. That's odd. My recollection is that it showed return for foreign bond funds was in large part due to currency exchange return. This ...
by bpp
Wed Jan 30, 2019 7:35 pm
Forum: Non-US Investing
Topic: Optimal equity home bias for non-U.S. investors
Replies: 46
Views: 2483

Re: Optimal equity home bias for non-U.S. investors

3) Back-testing I have done shows that the choice to hedge or not would have made no significant difference in portfolio performance over the past 30 years or so. (Though past performance etc.) Exactly. Didn't Vanguard publish a white paper a couple years ago showing that unhedged bond funds only h...
by bpp
Wed Jan 30, 2019 5:34 pm
Forum: Non-US Investing
Topic: Optimal equity home bias for non-U.S. investors
Replies: 46
Views: 2483

Re: Optimal equity home bias for non-U.S. investors

(I also split my bonds 50/50 Japan/foreign; I am indifferent to currency fluctuations as well.) Your foreign bond holdings are JPY-hedged, then? No, unhedged. I have debated using hedged foreign bonds, but: 1) The hedging costs seem to significantly lower the yield as compared to the unhedged versi...
by bpp
Wed Jan 30, 2019 8:03 am
Forum: Non-US Investing
Topic: Optimal equity home bias for non-U.S. investors
Replies: 46
Views: 2483

Re: Optimal equity home bias for non-U.S. investors

I live in Japan. I split my stocks 50/50 Japan/foreign. There are some tax advantages to holding Japanese stocks as compared to foreign (non-Japanese) stocks, involving the double-taxation of dividends within funds for the latter. But the main reason for the 50/50 split is that it makes me indiffere...
by bpp
Wed Jan 09, 2019 7:00 am
Forum: Personal Investments
Topic: Investing as an Expatriate
Replies: 11
Views: 594

Re: Investing as an Expatriate

Will you have any business trips to the US? If so, wages earned during those trips are not excludable via FEIE, and can be used to fund IRAs.
by bpp
Tue Jan 08, 2019 6:28 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1268019

Re: What Movie Have You Recently Watched?

Salyut-7 . Russian movie about “the USSR’s version of Apollo 13.” Much more loosely based on real life than The Apollo 13 movie was, so don’t expect a strict history lesson — about half the problems faced by the cosmonauts in the movie apparently didn’t actually happen. Nevertheless, it was a surpr...
by bpp
Sat Jan 05, 2019 12:50 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1268019

Re: What Movie Have You Recently Watched?

Lost in Translation . Couldn't stand it and can't believe it is so highly rated. Love that movie. To me it captures what can be the comfort and loneliness of traveling, especially when being in the middle of a dramatically different culture, as well as a general feeling of dissatisfaction in middle...
by bpp
Sun Dec 16, 2018 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 79
Views: 6385

Re: Law school without practicing law

I think if you've earned a PhD you can be called a doctor. Being called “Doctor” is fine. Calling yourself “Doctor” is gauche. A lawyer, that is a stretch. In fact, I believe some states prohibit it. A JD is not the highest degree in law. A PhD or MD is in their respective fields. Doesn’t “JD” lite...
by bpp
Sun Dec 16, 2018 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 79
Views: 6385

Re: Law school without practicing law

In my opinion, calling oneself “Dr.” is acceptable only if one is a medical doctor, since disambiguation is important in that case — e.g. to make it clear one is authorized to write a prescription or perform surgery. Other kinds of doctors (PhDs, DPhils etc.) should never call themselves “Dr.,” tho...
by bpp
Sat Dec 15, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 79
Views: 6385

Re: Law school without practicing law

In my opinion, calling oneself “Dr.” is acceptable only if one is a medical doctor, since disambiguation is important in that case — e.g. to make it clear one is authorized to write a prescription or perform surgery. Other kinds of doctors (PhDs, DPhils etc.) should never call themselves “Dr.,” tho...
by bpp
Sat Dec 15, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Law school without practicing law
Replies: 79
Views: 6385

Re: Law school without practicing law

I have a JD and took/passed the bar in two states. However, my primary job is with the feds and I have a law practice as a side hustle. Many people I work with in the government have JDs and have no intention of practicing law. Having a JD alone doesn’t let you practice, you still need to pass the ...
by bpp
Sat Dec 01, 2018 4:34 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4897
Views: 1268019

Re: What Movie Have You Recently Watched?

Finally saw " Bohemian Rhapsody ". Wow. Just "Wow". This is absolutely a must-see for anyone who rocked out to "A Night at the Opera" back in the 70s or who was at Wembley or JFK in Philly for LIVE AID in the mid-80s, i.e. my generation's version of Woodstock. (As both Bob Geldof and Elton John sai...
by bpp
Fri Nov 30, 2018 3:49 am
Forum: Non-US Investing
Topic: American in Japan - trying to lower JP tax while investing
Replies: 11
Views: 813

Re: American in Japan - trying to lower JP tax while investing

This is an area I have to read on, as many questions are coming to mind. How would this impact my income and should I avoid these. Any reading material comes to mind? You mean 株主優待? Just google the term, and you will find a bunch of sites that discuss them and offer screeners for them. Examples: ht...
by bpp
Fri Nov 30, 2018 2:16 am
Forum: Non-US Investing
Topic: American in Japan - trying to lower JP tax while investing
Replies: 11
Views: 813

Re: American in Japan - trying to lower JP tax while investing

By the way, one notable feature of individual Japanese stocks is shareholder benefits, 株主優待. Different companies offer different types, and not all companies offer them, but for the individual investor they can represent a significant boost in the effective dividend rate. I wouldn't base an entire i...
by bpp
Fri Nov 30, 2018 1:43 am
Forum: Non-US Investing
Topic: American in Japan - trying to lower JP tax while investing
Replies: 11
Views: 813

Re: American in Japan - trying to lower JP tax while investing

By the way, I am guessing that japanese stocks and bonds do not suffer the IRS PFIC punishment correct? Generally correct. J-REITs are PFICs, though, so avoid those. I once ran across a non-REIT real-estate leasing company (Orix) that announced that they thought they would be considered a PFIC. So ...
by bpp
Thu Nov 29, 2018 11:10 pm
Forum: Non-US Investing
Topic: American in Japan - trying to lower JP tax while investing
Replies: 11
Views: 813

Re: American in Japan - trying to lower JP tax while investing

I see, I wasnt aware of that issue. The main plan of using ideco was to lower my taxable income in Japan. Any other approaches that can do this? There are some tax deductions available, though not in ways that make sense to use just for the deduction itself. There is a partial deduction for charita...
by bpp
Thu Nov 29, 2018 7:54 pm
Forum: Non-US Investing
Topic: American in Japan - trying to lower JP tax while investing
Replies: 11
Views: 813

Re: American in Japan - trying to lower JP tax while investing

ok, please find holes in my plan. What would you improve? The big hole I see is: where are you going to find a broker that will let you purchase Vanguard ETFs inside a NISA or iDeCo? The only brokers I personally know of that allow US citizens to purchase US-based ETFs are Nomura and SMBC Nikko, an...
by bpp
Thu Nov 22, 2018 4:32 pm
Forum: Non-US Investing
Topic: Can I pay income tax on income that doesn't actually exist? [US ex-pat in Japan]
Replies: 7
Views: 987

Re: Can I pay income tax on income that doesn't actually exist? [US ex-pat in Japan]

WanderingDoc wrote:
Thu Nov 22, 2018 2:10 pm
If a U.S. citizen living in Japan, owns real estate in the U.S. which produces income/paper loss .. do you know if that qualifies to be able to contribute to a Roth IRA?
No, because that is passive income, not earned income. Only earned income can be used to contribute to an IRA.
by bpp
Wed Nov 21, 2018 9:41 pm
Forum: Non-US Investing
Topic: Can I pay income tax on income that doesn't actually exist? [US ex-pat in Japan]
Replies: 7
Views: 987

Re: Can I pay income tax on income that doesn't actually exist? [US ex-pat in Japan]

I am moving to Japan to work as a software engineer at a large technology company. I have a brokerage account with Schwab, a Roth IRA with Vanguard, and a pretax Rollover IRA with Schwab. I am wondering if, while working in Japan, I can declare to the IRS that I earned ~$5500 in cash and then volun...
by bpp
Sun Nov 18, 2018 10:09 pm
Forum: Non-US Investing
Topic: Canadian Citizen with noticeable tax deferred investments and home equity, considering moving outside US before 60
Replies: 15
Views: 1225

Re: Canadian Citizen with noticeable tax deferred investments and home equity, considering moving outside US before 60

(Cross-posted to FWF.) You've identified Schwab and IB as possible candidates but you must verify that they will deal with you both in Japan and Canada. I encourage you to consider and investigate TD Ameritrade as well, because they will keep an IRA for a Canadian resident (at least for now, but it'...
by bpp
Sat Nov 17, 2018 12:38 am
Forum: Personal Consumer Issues
Topic: Foreign Currency
Replies: 24
Views: 1233

Re: Foreign Currency

OP was asking about somebody moving to Japan, and I'm pretty sure that would incur expenses beyond the daily withdrawal limit on any ATM. He will presumably only need to exchange currency when he first arrives, until he gets set up with a local bank account to deposit his salary/scholarship/whateve...
by bpp
Fri Nov 16, 2018 10:39 pm
Forum: Personal Consumer Issues
Topic: Foreign Currency
Replies: 24
Views: 1233

Re: Foreign Currency

Church Lady wrote:
Fri Nov 16, 2018 6:00 pm
Japanese like to turn ATM machines off at night. :oops:
Convenience store ATMs don’t turn off at night.
by bpp
Fri Nov 16, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Foreign Currency
Replies: 24
Views: 1233

Re: Foreign Currency

Never, ever exchange currency in the US. You will get ripped off.

Have your son do it in Japan, some at the airport when he lands, then more as needed at any bank. The spreads at the airport are no worse than they are at a bank here.