Search found 4477 matches

by in_reality
Tue Feb 20, 2018 7:08 am
Forum: Personal Consumer Issues
Topic: Expat Living
Replies: 58
Views: 6630

Re: Expat Living

Learning: If you want an overseas assignment (and despite what I wrote above, I would not have had it any other way), leave your children at home and retire overseas. I'll respectfully disagree on your kids comment. My father was a US diplomat and I spent a good chunk of my childhood overseas. Reen...
by in_reality
Tue Feb 20, 2018 5:11 am
Forum: Investing - Theory, News & General
Topic: J. Montier: US equity market is obscenely overvalued
Replies: 33
Views: 3567

Re: J. Montier: US equity market is obscenely overvalued

I am still holding, because even though valuations are at all-time highs, interest rates are at all time lows. For all I know, the valuations are perfectly reasonable in this market. I don't think that's actually correct. Valuations are highest at moderate rates and inflation. Many investors, comme...
by in_reality
Tue Feb 20, 2018 5:06 am
Forum: Investing - Theory, News & General
Topic: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias
Replies: 113
Views: 8365

Re: A Case for Higher Int'l Allocation? Larry Swedroe article on home bias

Why would you do that? That's a good thing. If you're in the US with US assets and want to retire to the UK, then a weaker pound means more pounds for your dollars, increasing your pound return and improving your UK retirement lifestyle, other things equal, i.e. not accounting for different inflati...
by in_reality
Tue Feb 20, 2018 4:21 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers fee structure for passive investors
Replies: 39
Views: 3323

Re: Interactive Brokers fee structure for passive investors

IB is definitely geared towards active investors, especially those who want to trade 'exotic' instruments. Not suitable for buy-and-holders at all. This includes a pretty sizeable leap of logic; The same argument has been made about Merrill Edge and their free trades, and it is poor reasoning IMO. ...
by in_reality
Tue Feb 20, 2018 4:15 am
Forum: Investing - Theory, News & General
Topic: Why investors shouldn’t panic over falling bond prices
Replies: 36
Views: 6726

Re: Why investors shouldn’t panic over falling bond prices

Also the point about real returns is valid. From a nominal perspective late 70s-early 80s bonds didn’t look so bad. From a real return they got slaughtered. http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.html https://www.minneapolisfed.org/community/financial-and-economic-edu...
by in_reality
Mon Feb 19, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers fee structure for passive investors
Replies: 39
Views: 3323

Re: Interactive Brokers fee structure for passive investors

Hi all I am researching opening an IB UK account to trade ETFs, but I find the fee structure a bit unsuitable to the "buy and stay the course" approach. They said: we apply a monthly minimum activity fee of $10 which can be reduced on a dollar-per-dollar basis (to $0) by commissions generated for t...
by in_reality
Mon Feb 19, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 199
Views: 27987

Re: Buying and Spending Bitcoin

If you made purchases between Jan. 22nd and Feb.11th this year using coinbase, you may have been overcharged. One user reported being charged 17 times for the same transaction. Many others had similar problems. In the fiat currency world this would be 14 times beyond intolerable. At what point will...
by in_reality
Mon Feb 19, 2018 5:59 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 199
Views: 27987

Re: Buying and Spending Bitcoin

If you made purchases between Jan. 22nd and Feb.11th this year using coinbase, you may have been overcharged. One user reported being charged 17 times for the same transaction. Many others had similar problems.
by in_reality
Mon Feb 19, 2018 5:45 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?
Replies: 37
Views: 3605

Re: Larry Swedroe's portfolio: does the fact that SC are expensive cause a problem?

The Research Affiliates site is interesting, but it does not present an encouraging picture for US small caps. It's true that the linked page shows expected returns for US small caps as being close to those of the US market benchmark. But the page also indicates expected real returns of approximate...
by in_reality
Sun Feb 18, 2018 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: I reduced my exposure to US stocks before the correction.
Replies: 39
Views: 4376

Re: I reduced my exposure to US stocks before the correction.

I must say, however, that I have been uneasy about how high the valuations of US stocks have been over the last few months. The Schiller P/E ratio (35 years of profit) has been a red flag to me for some time. I agree. But "red flag" is too strong. It's still expected they will have 3-4% real return...
by in_reality
Sun Feb 18, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Late 20's female looking for some advice towards financial independence
Replies: 31
Views: 4108

Re: Late 20's female looking for some advice towards financial independence

I wouldn’t budget everything towards savings but would include some for social experiences too (dinner out with friends, traveling, health club fees etc). Would you keep/ do you have a car? Is parking covered? Have you seen the bus during rush hours? It’d be a long stand if you can’t get a seat. Wha...
by in_reality
Sun Feb 18, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2751

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

....I do want a U.S. address for mail forwarding (family members are lovable but not too reliable so I'd rather pay for the service). I see Traveling Mailbox has a lot of addresses to choose from in different states. Is there any reason to choose a particular state, such as a state like Florida tha...
by in_reality
Sun Feb 18, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Genius Needed -- Thoughts on My Asset Allocation? [UK]
Replies: 26
Views: 1752

Re: Genius Needed -- Thoughts on My Asset Allocation? [UK]

On reflection, I'm considering that the following may be more appropriate: ~~~~~~~~~~~ 50% Equities -- 25% S&P 500 Hedged to GBP (iShares) -- 75% Vanguard Global All Cap Index 50% Bonds & Cash -- 20% Vanguard UK Short Term Bonds -- 80% Vanguard Global Bonds (GBP hedged) ~~~~~~~~~~~ As the Global Al...
by in_reality
Sat Feb 17, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2751

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

Thank you for all the ideas and insights! Good to know about Ally and Interactive Brokers, and I'll definitely open a local currency account at a bank in Mexico, and only transfer money into pesos as needed. Diogenes, thank you for the great tips about Traveling Mailbox and Google Voice. I do want ...
by in_reality
Sat Feb 17, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2751

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

How did Vanguard know that you were living abroad? Couldn't you just use a US address and then a VPN from abroad? Vanguard had some trouble with my account (missing assets) and was calling my US address which was the telephone number on record. My brother's wife didn't like the calls because of a s...
by in_reality
Sat Feb 17, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2751

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

How did Vanguard know that you were living abroad? Couldn't you just use a US address and then a VPN from abroad? I didn't know I needed to worry that much about it. Wells Fargo Private Bank and a previous advisor before them didn't really care as long as I had a US address. Vanguard had some troub...
by in_reality
Sat Feb 17, 2018 5:02 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2751

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

I too have a normal Schwab account and had no issues living aborad for 3 years. I recommend them highly. I am curious, besides of not providing Schwab a USA address, what are the benefits of having international Schwab accounts. Having an account in good standing without worrying about the address ...
by in_reality
Sat Feb 17, 2018 4:54 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 199
Views: 27987

Re: Buying and Spending Bitcoin

NYT touched on this concept recently: Why the I.R.S. Fears Bitcoin . Obviously I am not advocating tax evasion, but I am advocating discussing its problems openly. Snippet from the NYT op-ed: Here is a simple tax dodge that would be hard for the I.R.S. to prove: Suppose A, B and C are electronic ad...
by in_reality
Sat Feb 17, 2018 2:58 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 199
Views: 27987

Re: Buying and Spending Bitcoin

NYT touched on this concept recently: Why the I.R.S. Fears Bitcoin . Obviously I am not advocating tax evasion, but I am advocating discussing its problems openly. Snippet from the NYT op-ed: Here is a simple tax dodge that would be hard for the I.R.S. to prove: Suppose A, B and C are electronic ad...
by in_reality
Sat Feb 17, 2018 2:35 am
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 152
Views: 11226

Re: philosophicaleconomics predicts 4% real equity returns

Wow! The most interesting thing about this article is the difference between a company paying dividends or using the money for reinvestment in the company. It is commonly asserted here that there is no difference between paying out a dividend and retaining the earnings (to grow the company). For exa...
by in_reality
Sat Feb 17, 2018 1:52 am
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5611

Re: Living abroad. Retirement savings options?

That my friend would be a lot of money moving around. haha I would just want enough to max out the Roth IRA, but I appreciate your opinion. But I am interested in your foreign tax credit idea, I was thinking on this and thought my new found art talent would be easier, but looking into this topic mo...
by in_reality
Sat Feb 17, 2018 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Retiring abroad. Move taxable/checking accounts to Schwab?
Replies: 26
Views: 2751

Re: Retiring abroad. Move taxable/checking accounts to Schwab?

So I’m thinking of making two major financial moves, and would like to know what Bogleheads think: 1. Roll over my 401(k) to an IRA at Vanguard, where my Roth is (I’m a Vanguard fan). My understanding is that Vanguard will let me keep my accounts as an expat as long as I don’t buy anything, and onl...
by in_reality
Fri Feb 16, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Started [US ex-pat]
Replies: 4
Views: 532

Re: Getting Started [US ex-pat]

Taxes: No US income taxes due to the expat tax exemption. This will be my first year of paying capital gains taxes. I am unsure what that entails, I will discuss it with my accountant soon. I only just started in early autumn 2017 and only made a modest amount or realized gains in dividends. Unders...
by in_reality
Fri Feb 16, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Help needed to choose Vanguard EU based ETFS
Replies: 20
Views: 1569

Re: Help needed to choose Vanguard EU based ETFS

I wonder if branches of US brokers such as Schwab UK or Interactive Brokers will have to stop too. Schwab UK in particular mainly offered access to US ETFs. I wonder if they effectively will be put out of business or if because it’s US domiciled that the restriction doesn’t affect them. Granted you ...
by in_reality
Thu Feb 15, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory
Replies: 41
Views: 4724

Re: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory

Cost is not my primary concern. It is more personal and emotional. My wife who is intelligent and college grad just does not have interest in managing our assets in the event of my death. Don't take this comment as politically incorrect or sexist. It is just a fact in my life. Anyway, I think it ma...
by in_reality
Thu Feb 15, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 199
Views: 27987

Re: Buying and Spending Bitcoin

If one purchases something with by using bitcoins that have appreciated in value since the bitcoins were obtained, is one supposed pay tax similar to capital gains?
by in_reality
Thu Feb 15, 2018 4:08 am
Forum: Personal Finance (Not Investing)
Topic: PSA: Schwab International ETFs: 1099-DIV revisions coming [Updated]
Replies: 19
Views: 2288

Re: PSA: Schwab International ETFs: 1099-DIV revisions coming

This notice is not being provided for tax reporting purposes, and will not affect your 1099 or any other tax documents you may have received . My interpretation is that they are saying the notice doesn't affect the 1099 because Schwab leaves it up to the broker to issue a revised 1099 when necessar...
by in_reality
Wed Feb 14, 2018 3:10 am
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5611

Re: Living abroad. Retirement savings options?

Sorry for resurrecting the thread but I have a question. I must have taxable income that is not foreign earned to contribute to a Roth IRA. What if I start a small independent business in the US selling art, or honey, or services etc., and within a tax year I could prove that that company took in $...
by in_reality
Tue Feb 13, 2018 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5611

Re: Living abroad. Retirement savings options?

IRS penalties for over contribution are harsh. How did you get taxable income? If it's excluded under the Foreign Earned Income Exclusion (form 2555), it can't go into an IRA. American Funds will not have your tax returns and I don't believe they offer tax advice. Sorry for resurrecting the thread ...
by in_reality
Tue Feb 13, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Living abroad. Retirement savings options?
Replies: 45
Views: 5611

Re: Living abroad. Retirement savings options?

IRS penalties for over contribution are harsh. How did you get taxable income? If it's excluded under the Foreign Earned Income Exclusion (form 2555), it can't go into an IRA. American Funds will not have your tax returns and I don't believe they offer tax advice. Sorry for resurrecting the thread ...
by in_reality
Tue Feb 13, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: Are ETF's riskier than mutual funds in volatile markets?
Replies: 7
Views: 809

Re: Are ETF's riskier than mutual funds in volatile markets?

If the market is tanking so much and you have fear it will never recover, what is stopping you from selling your mutual fund?

You might be able to exit a few hours earlier with the ETF, but how much difference would that really make?

I only have ETFs but am not tempted to trade on speculation.
by in_reality
Tue Feb 13, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: PSA: Schwab International ETFs: 1099-DIV revisions coming [Updated]
Replies: 19
Views: 2288

Re: PSA: Schwab International ETFs: 1099-DIV revisions coming

Return of capital is reported on Line 3 of 1099-DIV, "Nondividend distributions". I really don't see how there won't be a revised 1099. As you can see from your Schwab letter, the last column is labeled "Amount of net investment income distribution reclassified as Return of Capital or Other Capital...
by in_reality
Tue Feb 13, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: PSA: Schwab International ETFs: 1099-DIV revisions coming [Updated]
Replies: 19
Views: 2288

Re: PSA: Schwab International ETFs: 1099-DIV revisions coming

Was their any CG distribution for SCHF? No CG distributions for either fund. As well as none in 2016. After comparing my current 1099 with this new information it's clear that at least some of the ROC for FNDF will have to come from qualified dividends. The amount of ROC is larger than the non-qual...
by in_reality
Tue Feb 13, 2018 4:30 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 78
Views: 10540

Re: Replacing Google Finance price quote function

munemaker The original post actually has the solution. Use the CONCAT function to build the http:... string in your importxml function. Somehow I overlooked this until you pointed it out. I was able get get it to work. Thanks NEW QUESTION: I have approximately 60 IMPORTHTML statements in my spreads...
by in_reality
Tue Feb 13, 2018 3:31 am
Forum: Personal Finance (Not Investing)
Topic: Expat tax question: How to be eligible for MFJ with non-resident spouse?
Replies: 14
Views: 1162

Re: Expat tax question: How to be eligible for MFJ with non-resident spouse?

As I understand, we could file as MFJ again if she moved to the US. Are there any other ways we could file as MFJ? For example, could she spend enough time per year in the US to qualify as a resident for tax purposes? What if we purchased a house together in the US? What if my family's US business ...
by in_reality
Tue Feb 13, 2018 1:11 am
Forum: Investing - Help with Personal Investments
Topic: realized startup equity / schwab private client
Replies: 15
Views: 1029

Re: realized startup equity / schwab private client

I'm 32y/o and recently realized my equity in a startup. My portfolio is now ~$3m and have access to the highest tier of schwab private client at discounted rates. I have that at Schwab but wouldn't consider private client unless the fee was low (0.3% or under). I used to be private bank at Wells Fa...
by in_reality
Sun Feb 11, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Why should we care about inflation?
Replies: 58
Views: 5582

Re: Why should we care about inflation?

4. If a tight employment market causes employers to pay more, then wages go up, offsetting any rise in prices. Somehow this has not played out at all. With stocks at an all time high, my employer actually cut benefits by reducing the 401k match. Raises are practically non-existent and barely cover ...
by in_reality
Sun Feb 11, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1255
Views: 191439

Re: QSPIX - thoughts on interesting fund

In my view, anyone who owns "60% TSM (Total U.S. Stock Market" and "40% TBM (Total U.S. Bond Market)" already has nearly all U.S. "factors" in their portfolio. I agree that Taylor has a correct view on this. Taylor, As you know, TSM certainly has exposure to all the stocks, but no net exposure to t...
by in_reality
Sun Feb 11, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: What ever happened to the Larry portfolio?
Replies: 120
Views: 13358

Re: What ever happened to the Larry portfolio?

I like the idea behind this portfolio, but there's something puzzling me. At the moment small caps seem to be much more expensive than large caps worldwide, so if you are a new investor and want to implement the LS portfolio by buying SCV, you will invest in SCV and leave out LC (which as a class a...
by in_reality
Sun Feb 11, 2018 2:40 am
Forum: Investing - Help with Personal Investments
Topic: Arguments against rising equity glide path?
Replies: 40
Views: 2877

Re: Arguments against rising equity glide path?

AlohaJoe wrote:
Sun Feb 11, 2018 12:13 am

Initial Conditions and Optimal Retirement Glide Paths by David Blanchett
Great suggestion. That's a good read.

Still working on the OP's original article too.

Thanks all.
by in_reality
Sun Feb 11, 2018 2:02 am
Forum: Investing - Theory, News & General
Topic: split international into developed and emerging for lower expenses?
Replies: 3
Views: 557

Re: split international into developed and emerging for lower expenses?

I don't think it's worth it to save on expenses. Reducing expenses is about not buying funds that have massive expense ratios; not shaving off one or two basis points. +1 (I agree) If you want to tilt to emerging (to reduce portfolio correlations), that's about the only reason I'd buy separate fund...
by in_reality
Sat Feb 10, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 7660

Re: Day trading for a living/career?

Yes, I could stay in the building industry if I wanted to. Frankly, I'm bored with it. There are no challenges left in my view. I have never been a just drive around in your pick-up truck with a clip board and tape measure and just tell people what to do kind of contractor. I have always been very ...
by in_reality
Sat Feb 10, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1255
Views: 191439

Re: QSPIX - thoughts on interesting fund

Given current equity valuations and bond interest rates, why not allocate a small portion of the portfolio to these diversifiers? Dave I don't have access and some concerns but isn't that true for all investments. In any case, why don't you keep track of your returns here (or in a new thread)? Robe...
by in_reality
Sat Feb 10, 2018 12:22 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 4 Horsemen Of Your Portfolio
Replies: 111
Views: 11916

Re: Larry Swedroe: 4 Horsemen Of Your Portfolio

My take on the article, is that Larry is pretty much right and that we need to be very nice to our family members. You might need them someday. The thing is, I don't think we have a retirement crisis, I believe Western Countries are maintaining too many households. The idea that we all need to reti...
by in_reality
Fri Feb 09, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: From EJ to Vanguard to Schwab
Replies: 21
Views: 2178

Re: From EJ to Vanguard to Schwab

I'm not sure Vanguard, or any other firm, can actually sell your funds at another brokerage. So, if you called Vanguard and asked for a transfer, they would transfer what's in the account. Normally, you would tell EJ to sell the funds if you didn't want to transfer in kind. Schwab gives an option t...
by in_reality
Fri Feb 09, 2018 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: From EJ to Vanguard to Schwab
Replies: 21
Views: 2178

Re: From EJ to Vanguard to Schwab

Wow, so much hating on Vanguard this week. I think the website domain "www.schwabheads.org" is still available, maybe somebody should buy this up and start a new forum. It's not this week. Here's the thread I had in 2016 https://www.bogleheads.org/forum/viewtopic.php?f=11&t=183629&hilit=trouble+Van...
by in_reality
Fri Feb 09, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: Question re: Bond Fund Principal
Replies: 5
Views: 439

Re: Question re: Bond Fund Principal

Dear BH, As an investor in the Vanguard Total Bond Fund , I have read several articles that state that Bond Funds may not guarantee a return on principal as individual bonds might . Is this true ? Is there more risk in a bond fund than in individual bonds ? I’m not talking about normal ups and down...
by in_reality
Fri Feb 09, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: From EJ to Vanguard to Schwab
Replies: 21
Views: 2178

Re: From EJ to Vanguard to Schwab

Thank you for the useful information. I didn't add that when I saw my funds transfer in kind I called back very upset and the young girl told me I should have filled out a form or called EJ to sell my funds first. Those two options we're never told to me when I called asking how to sell my funds an...
by in_reality
Fri Feb 09, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: From EJ to Vanguard to Schwab
Replies: 21
Views: 2178

Re: From EJ to Vanguard to Schwab

I decided last week to move my Roth IRA to Vanguard after finding this forum. However when I started the new account I was promoted with a message to call Vangaurd if I wanted to sell my prior funds before transferring to Vanguard. All the advice on here was don't call EJ just call Vanguard and the...