Search found 49 matches

by American In Korea
Sun Jul 13, 2014 12:53 pm
Forum: Investing - Theory, News & General
Topic: Does anyone expect tilts to *under*perform?
Replies: 84
Views: 7253

Re: Does anyone expect tilts to *under*perform?

I guess I shouldn't feel bad that my 401(k) is all allocated into the S&P500 and Index Bond Fund each with an expense ratio of 0.08 and 0.13 respectively. The rest of the fund options I have are all 0.5-3% (plan to max going forward) My Roth IRA is basically all in a Vanguard Total Stock Index Admi...
by American In Korea
Sun Jul 13, 2014 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Son start investing: What type of account to start
Replies: 5
Views: 1036

Re: Helping Son start investing: What type of account to st

I was in the same situation for the last two years. His income is NOT earned income, he will pay 0 US taxes (unless making 6 figures), and can NOT get an IRA. He needs at least $3,000 to start with Vanguard, however an alternative would be http://www.betterment.com . I would set the allocation to 10...
by American In Korea
Wed Feb 05, 2014 12:12 am
Forum: Personal Consumer Issues
Topic: Best Movies of 2013
Replies: 83
Views: 8430

Re: Best Movies of 2013

Fruitvale station, are you kidding me?

Summed up in a sentence: Wallace gets shot. Again.

12 years a slave had great acting, as did Wolf of Wall Street.

Don Jon was very, very good, and overlooked by a lot I think, but maybe not up there with the BEST.
by American In Korea
Wed Feb 05, 2014 12:11 am
Forum: Personal Consumer Issues
Topic: Any other travel freaks?
Replies: 117
Views: 11948

Re: Any other travel freaks?

I'm only 24 so I don't go to these expensive places most of you guys have gone to. I'm in my last month in Korea (working) and in the last 2 years I've used this [(removed) --admin LadyGeek] country as a launchpad to many cool places in Asia. My favorites were Taiwan, Cambodia, and South Vietnam. Th...
by American In Korea
Wed Feb 05, 2014 12:02 am
Forum: Personal Finance (Not Investing)
Topic: What credit cards do you recommend?
Replies: 85
Views: 39844

Re: What credit cards do you recommend?

Barclays world card. 2 miles per dollar spent. Can be on disount travel websites(expedia, travelocity, etc). 10% back on miles used(use @25,000 miles, get 2500 credited back). 40,000 mile sign up bonus. This and the Preferred are still the Kings- unless you have some weird spending habit where the ...
by American In Korea
Tue Feb 04, 2014 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: BoA Cash Rewards (1.5%+) Privileges VISA - worth a look?
Replies: 14
Views: 2139

Re: BoA Cash Rewards (1.5%+) Privileges VISA - worth a look?

Capital One's QuickSilver has 1.5% flat with no annual fee.

Barclay's Arrival is clearly the champ of all cards though. 2.2% with an annual fee.

BoA is worthless.
by American In Korea
Tue Dec 03, 2013 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard to receive International WIre Xfers?
Replies: 13
Views: 2382

Re: Vanguard to receive International WIre Xfers?

Yes - From Australia, I've found their rate to be very consistently about 1.5% over the current mid-market rate (except for weekends when the forex markets are closed). No additional fees for electronic debit/direct deposit type transactions (cheaper but takes a couple days to receive the money). M...
by American In Korea
Mon Dec 02, 2013 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard to receive International WIre Xfers?
Replies: 13
Views: 2382

Re: Vanguard to receive International WIre Xfers?

I have used XE Trade/XE.com to transfer money from my Australian bank account to my U.S. accounts somewhat regularly (couple times a year). What sort of experience are you looking for ? I haven't experienced any problems other than the very painful setup process of providing required certified iden...
by American In Korea
Mon Dec 02, 2013 2:25 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard to receive International WIre Xfers?
Replies: 13
Views: 2382

Re: Vanguard to receive International WIre Xfers?

Anybody have any recent experience with XE.com or currencyfair etc?
by American In Korea
Wed Nov 27, 2013 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard to receive International WIre Xfers?
Replies: 13
Views: 2382

Re: Vanguard to receive International WIre Xfers?

Don't forget to factor in the exchange rates you're getting. At my Australian bank, if I set it up to perform the wire transfer myself online the bank charges $22(AUD)... but the BIG cost is in the exchange rate they give. When there's a 3-5% difference in the spread they give on the exchange rate ...
by American In Korea
Tue Nov 26, 2013 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard to receive International WIre Xfers?
Replies: 13
Views: 2382

Vanguard to receive International WIre Xfers?

Has anybody used Vanguard for this? I am just wondering about your experiences.

They use HSBC as an intermediary and I was wondering what the total fees you were charged were.
by American In Korea
Tue Nov 26, 2013 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Mint... I need to move on!
Replies: 14
Views: 2888

Re: Mint... I need to move on!

Credit Karma. I barely use Mint at all now
by American In Korea
Tue Nov 26, 2013 7:18 am
Forum: Investing - Theory, News & General
Topic: Good Primer for Bonds?
Replies: 12
Views: 1006

Re: Good Primer for Bonds?

Hi Bogleheads. I will have some time during this holiday season to catch up on reading, and was wondering if anyone knew of any good introductory materials to bonds. I've heard good things about Annette Thau's The Bond Book . Any other suggestions? Also have there been any good financial books that...
by American In Korea
Sun Nov 24, 2013 3:56 am
Forum: Personal Finance (Not Investing)
Topic: When abroad, use foreign $ or 0APR credit card?
Replies: 2
Views: 431

Re: When abroad, use foreign $ or 0APR credit card?

By using the Korean debit card, aren't you reducing the sum you will need to pay a 0.4% remittance fee on? If you use the Barclay card, won't you be remitting all your Won at a 0.4% cost and then paying Barclay with the US dollars? It would seem to be 0.4% cheaper on funds you spend in Korea by not...
by American In Korea
Fri Nov 22, 2013 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: When abroad, use foreign $ or 0APR credit card?
Replies: 2
Views: 431

When abroad, use foreign $ or 0APR credit card?

Can some of you math whizzes figure this out for me? Assume exchange rates stay the same, I get paid in Korean currency, and inflation doesn't change Oversees remittance fee is about 0.4% percent. Would it save me more money to use my Korean debit card in Korea or my Barclay Arrival World card, whic...
by American In Korea
Sun Nov 17, 2013 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Online Banking
Replies: 29
Views: 3868

Re: Online Banking

I used Ally for a while prior to getting married, and loved it. I appreciated that I was always reimbursed ATM fees charged by other institutions' machines, and that Ally never tacked on any fees of their own. Also, I appreciated that Ally did not require minimum balances, and that their debit card...
by American In Korea
Thu Nov 14, 2013 2:02 am
Forum: Personal Finance (Not Investing)
Topic: Online Banking
Replies: 29
Views: 3868

Re: Online Banking

I have always been satisfied with capital one.Now with my ing account being run by capital one I have yet to have a problem John I don't think ING being acquired by Capital One (and now called Capital One 360) is much to get alarmed about, though many I know are cautious. With that said, I switched...
by American In Korea
Thu Nov 14, 2013 1:58 am
Forum: Personal Finance (Not Investing)
Topic: Claiming Unclaimed/Withheld Money from the State
Replies: 11
Views: 1271

Claiming Unclaimed/Withheld Money from the State

I went to the Ohio Comptroller's site for unclaimed funds and was linked to this non-governmental site http://www.missingmoney.com/Main/Index.cfm

Has anybody else had success getting unclaimed money? What site did you use?
by American In Korea
Sat Nov 09, 2013 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard personal rate of return
Replies: 23
Views: 3919

Re: Vanguard personal rate of return

Vanguard is going through a major IT upgrade right now which will among other things merge mutual fund and brokerage accounts. Perhaps it will work the way you expect it to after that is complete. In the meantime many of us prefer to use our own spreadsheet and the "XIRR" function so that we know h...
by American In Korea
Wed Nov 06, 2013 2:04 am
Forum: Investing - Theory, News & General
Topic: Behavioral Finance: non-typical personalities?
Replies: 52
Views: 5125

Re: Behavioral Finance: non-typical personalities?

I am surprised at how many of you know your Myers-Briggs personality types. There are many much more scientifically valid personality tests out there, though Myers-Briggs is the most popular by far, if my experience on OkCupid has taught me anything. From what I learned from Personality Psych, the M...
by American In Korea
Sun Oct 20, 2013 9:07 pm
Forum: Investing - Theory, News & General
Topic: Easy way of seeing LT vs ST Capital Gains tax?
Replies: 1
Views: 281

Easy way of seeing LT vs ST Capital Gains tax?

On Vanguard, If I've been buying VTSAX every few months, is there a feature that lets me see how many shares i can sell at LT gains rate? I'm assuming that if i have both long term and short term shares, a big sell off would sell off all my oldest shares first, right?
by American In Korea
Tue Oct 15, 2013 8:12 am
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37455

Re: Government Shutdown/Default [effect on investments]

My point is that you need millenial data to say anything meaningful about your 1/3 century that you have left. Otherwise you are just guessing. Like me. We are doing the same thing- following the same course. The difference is you have faith. I don't. I see what I am doing as gambling. The science ...
by American In Korea
Mon Oct 14, 2013 7:16 pm
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37455

Re: Government Shutdown/Default [effect on investments]

The market grew between 9/4/2001 and 10/4/2001 ?? That's strange (sep 11th?)
by American In Korea
Fri Oct 11, 2013 12:32 am
Forum: Personal Consumer Issues
Topic: Best washing machine settings
Replies: 16
Views: 2394

Re: Best washing machine settings

What is the most efficient (cleanest with the least use of energy/water) way to clean clothes using a front-loading washing machine? Underwear, Heavily soiled clothes - Is it necessary to use the "Extra Hot" setting to kill all germs? (Is bleach a better way to kill germs with whites, rather than "...
by American In Korea
Wed Oct 09, 2013 9:12 pm
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37455

Re: Government Shutdown/Default [effect on investments]

You don't know what is going to happen and there is no really good place to run to if you did know. If you are above your AA in equities you could rebalance back to target. And have enough cash in your wallet to buy a couple of weeks groceries in case the ATM won't work for a while. Run to internat...
by American In Korea
Wed Oct 09, 2013 7:48 pm
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37455

Re: Government Shutdown/Default [effect on investments]

I predict that the parties involved will continue coming together and drifting apart until the day of reaching the debt ceiling. On 17 October, at 04:30 in the morning, they will adapt some temporary measure for raising the ceiling and funding the government operations. They won't do it any sooner ...
by American In Korea
Wed Oct 09, 2013 8:44 am
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37455

Re: Government Shutdown/Default [effect on investments]

Where do you see signs of strong momentum in recovery?
by American In Korea
Tue Oct 08, 2013 10:03 pm
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37455

Re: Government Shutdown/Default [effect on investments]

Vanguard's Total International Bond Fund is looking more and more attractive . . . That's how I see it. I didn't exchange my US index for VTABX because I think the markets will crash. I did it because the risk of that happening outweighs the benefits of staying in. I didn't touch the money in my ta...
by American In Korea
Sun Oct 06, 2013 7:23 pm
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37455

Re: Government Shutdown/Default [effect on investments]

I exchanged my IRA domestic funds for international bonds. Hasn't anybody else done this? On a related note: Krugman believes that a default's effect on interest rates is more ambiguous than you would think, but it would certainly devalue the dollar. Would a sudden depreciation of the dollar have a ...
by American In Korea
Wed Oct 02, 2013 1:06 pm
Forum: Personal Consumer Issues
Topic: Breaking Bad (TV Show)
Replies: 74
Views: 7914

Re: Breaking Bad (TV Show)

This is the only "serious" show for me that comes close to my 2 tops-

The Wire and The Shield
by American In Korea
Thu Sep 05, 2013 1:28 am
Forum: Personal Consumer Issues
Topic: Boxing (for fitness/workout)
Replies: 19
Views: 1872

Re: Boxing (for fitness/workout)

If you're not even interested in sparring, I advise against this investment. Proper handwraps,gloves, and technique are necessary to use a heavybag safely. Assuming you have all that, without a coach, you will develop poor technique which will be very hard to unlearn. If your goal is fitness, just s...
by American In Korea
Sun Mar 17, 2013 9:15 pm
Forum: Investing - Theory, News & General
Topic: Are Bonds Capital Gains or Income Taxed?
Replies: 11
Views: 1458

Are Bonds Capital Gains or Income Taxed?

I don't understand this at all.
by American In Korea
Sun Mar 17, 2013 6:07 am
Forum: Investing - Theory, News & General
Topic: Investment strategies for Expatriates?
Replies: 1
Views: 376

Investment strategies for Expatriates?

I'm an expat earning most of my income abroad. Because I claim tax exemption, I seem to be ineligible for any contribution to an IRA. I was wondering if any other BHs were expats and had some experience/advice for a new investor such as myself? So far, basically I have just invested as anyone with 1...
by American In Korea
Sat Mar 02, 2013 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Was I supposed to file form 8949?
Replies: 11
Views: 1391

Re: Was I supposed to file form 8949?

I regret filing by myself using Free File Fillable Forms, I should have used H&R's Free File.

I do not want to do this by mail with a 1040X. If I leave it alone, what's the worst that could happen to me?
by American In Korea
Fri Mar 01, 2013 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Was I supposed to file form 8949?
Replies: 11
Views: 1391

Re: Was I supposed to file form 8949?

The Forms 1099-B will report sale proceeds of sold securities. If you don't report such sales, the IRS will assume that your basis is zero and that the full sales price is taxable income. Your situation doesn't sound too complicated, but you need at least an inexpwnsive paraprofessional ( like H&R ...
by American In Korea
Fri Mar 01, 2013 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Was I supposed to file form 8949?
Replies: 11
Views: 1391

Re: Was I supposed to file form 8949?

Probably nothing will happen to you, but the IRS could flag your return as being wrong and notify you about the discrepancy. If your tax return is wrong, then you should correct it anyway, as has been suggested. Review your tax return with someone who actually knows something about taxes. It would ...
by American In Korea
Thu Feb 28, 2013 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Was I supposed to file form 8949?
Replies: 11
Views: 1391

Re: Was I supposed to file form 8949?

You could start by going to irs.gov and looking for the Free File link. Pick a provider, input your information and answer the interview questions and see where that gets you. How did you get to the point of having a variety of sources of investment income and yet not knowing anything about income ...
by American In Korea
Thu Feb 28, 2013 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Was I supposed to file form 8949?
Replies: 11
Views: 1391

Was I supposed to file form 8949?

I have my 1099 OIDs, Bs, INTs from various brokers and savings banks, but I did not know what to do with them. Basically, I did not report anything because I earned very little last year. Should I have used a calculator to add these gains on my AGI or something? Totally lost here.
by American In Korea
Wed Feb 27, 2013 6:38 am
Forum: Investing - Theory, News & General
Topic: Tax efficiency of US vs Intl funds
Replies: 29
Views: 2559

Re: Tax efficiency of US vs Intl funds

Sorry I'm new at this but is there a reason you chose etfs instead of indexes?
by American In Korea
Sun Feb 24, 2013 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: How do things look to you young investors these days?
Replies: 87
Views: 9349

Re: How do things look to you young investors these days?

We are witnessing a change, in my opinion, comparable to the industrial revolution thanks to the internet. It has changed EVERYTHING and the world has to normalize a bit. What once worked will be gone in just a few years. In 10 years everything will be fine and balanced. Jobs, stock markets, housin...
by American In Korea
Wed Feb 20, 2013 11:35 am
Forum: Investing - Theory, News & General
Topic: Does the situation in EU and PRC devalue Intl Index funds?
Replies: 9
Views: 1482

Re: Does the situation in EU and PRC devalue Intl Index fund

where is the "massive Chinese real estate bubble"? most of the people in China buy property with cash, the ones use mortgage typically put 50% down. urbanization is still going in full speed. you need to read less news and use more brain. http://www.youtube.com/watch?v=rPILhiTJv7E Thank you for you...
by American In Korea
Wed Feb 20, 2013 5:45 am
Forum: Investing - Theory, News & General
Topic: Does the situation in EU and PRC devalue Intl Index funds?
Replies: 9
Views: 1482

Does the situation in EU and PRC devalue Intl Index funds?

I am wondering if any other investors have adjusted their lazy portfolios to tilt away from International indexes because of the Euro crisis as well as the massive Chinese real estate bubble which everyone seems to consider obvious, imminent, and inevitable to burst soon.
by American In Korea
Tue Feb 19, 2013 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: How do things look to you young investors these days?
Replies: 87
Views: 9349

Re: How do things look to you young investors these days?

Interesting that you include business as "getting educated in foolishness that doesn't teach useful skills" while lamenting power "tilting to the capitalists." Our business courses were not challenging in the least. My friends would show up to tests still drunk and they ended up with 3.4s. More tim...
by American In Korea
Tue Feb 19, 2013 6:14 am
Forum: Personal Consumer Issues
Topic: Trips of a Lifetime
Replies: 60
Views: 7684

Re: Trips of a Lifetime

Didn't read the list - Grand Canyon should be on that list as well. Boring hole in the ground. But I thought 3 days at Angkor Wat was 2 too many. And my life wasn't changed by Macchu Pichu. Probably a minority view all around. One at angkor is plenty. Bring copious amounts of drugs and go before su...
by American In Korea
Tue Feb 19, 2013 5:23 am
Forum: Personal Finance (Not Investing)
Topic: How do things look to you young investors these days?
Replies: 87
Views: 9349

Re: How do things look to you young investors these days?

Started at 21 with Lending Club and Betterment, I'm 23 now, my ROI has been ~6% for the last two years. I'm withdrawing all my money from my 100% stock allocation in Betterment. I was going to put it in US Index w Vanguard, but we're at all-time peaks so I'm reconsidering... I am pessimistic of the ...
by American In Korea
Sun Feb 17, 2013 12:46 am
Forum: Personal Finance (Not Investing)
Topic: I am 99% Tax Exempt- Am I ineligible for ROTH?
Replies: 9
Views: 1438

Re: I am 99% Tax Exempt- Am I ineligible for ROTH?

In summary: With a low income and low tax rate abroad, it is much better to use 2555. Yes, very concise, and true except when the income is very, very low. Consider an income of $15,000. Subtract personal exemption, standard deduction, $5,000 to a tIRA, a little foreign tax credit thrown in and vio...
by American In Korea
Sat Feb 16, 2013 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: I am 99% Tax Exempt- Am I ineligible for ROTH?
Replies: 9
Views: 1438

Re: I am 99% Tax Exempt- Am I ineligible for ROTH?

That was beautiful. Thanks guys, you Bogleheads are amazing.


In summary:

With a low income and low tax rate abroad, it is much better to use 2555.
by American In Korea
Sat Feb 16, 2013 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: I am 99% Tax Exempt- Am I ineligible for ROTH?
Replies: 9
Views: 1438

Re: I am 99% Tax Exempt- Am I ineligible for ROTH?

The best thing about 1116 is that you pay 0% US tax (obviously you already paid Korean tax, so not a 'free lunch') and put that money into a Roth IRA, so you never need to pay US tax on it. I am exempt from Korean taxes due to a tax treaty. I will have to pay Korean income tax next year (3.3% in my...
by American In Korea
Sat Feb 16, 2013 12:23 am
Forum: Personal Finance (Not Investing)
Topic: I am 99% Tax Exempt- Am I ineligible for ROTH?
Replies: 9
Views: 1438

I am 99% Tax Exempt- Am I ineligible for ROTH?

I'm an expat, so all my abroad income is tax exempt (i file 1040 and 2555EZ). I have some earnings, <500$ in the US from Lending Club, savings accnts, betterment. Will the IRS punish me for contributing to a ROTH? As of now my plan is to pull out all my money and put it into VTSAX Vanguard Admiral U...