Search found 231 matches

by SamLJ
Tue Oct 29, 2019 5:47 am
Forum: Non-US Investing
Topic: Investing for UK/US dual citizen child in UK
Replies: 4
Views: 290

Investing for UK/US dual citizen child in UK

Hello Bogleheads, I have a child who was born in the USA but we now live in the UK. From an investing perspective then I know that revoking US citizenship would be by far the easiest path but I would prefer to allow my child the opportunity to keep it. Any advice on how to invest for/as the child wo...
by SamLJ
Mon Oct 19, 2015 6:46 am
Forum: Non-US Investing
Topic: USA retirement investment for foreigner [UK ex-pat]
Replies: 7
Views: 1004

Re: USA retirement investment for foreigner [UK ex-pat]

Being a J1 researcher/scholar from the UK in the USA is an extremely good situation regarding taxation. Simply put, for a two year stay you owe no taxes, medicare or FICA. See the following: https://www.irs.gov/pub/irs-pdf/p519.pdf https://www.irs.gov/pub/irs-trty/uk.pdf http://www.hmrc.gov.uk/manua...
by SamLJ
Sat Oct 17, 2015 3:30 am
Forum: Non-US Investing
Topic: USA retirement investment for foreigner [UK ex-pat]
Replies: 7
Views: 1004

Re: USA retirement investment for foreigner [UK ex-pat]

Hi there, What kind of visa are you on? If you're a J1 researcher/scholar I may add to the advice below: The employer is offering you free money so you should invest to get the maximum employer contribution. Transferring to a UK scheme is pretty much impossible. Do you have a Roth option available? ...
by SamLJ
Mon Sep 28, 2015 1:58 am
Forum: Non-US Investing
Topic: Pay more now to get pension benefits earlier question
Replies: 6
Views: 986

Re: Pay more now to get pension benefits earlier question

My spouse would receive 50% survivorship benefits when I would have been 68. She would also receive three times my salary as a death benefit through my employment scheme, which is an automatic entitlement (I do not pay for this).
by SamLJ
Sun Sep 27, 2015 4:41 pm
Forum: Non-US Investing
Topic: Pay more now to get pension benefits earlier question
Replies: 6
Views: 986

Re: Pay more now to get pension benefits earlier question

Many thanks for your thoughts Valuethinker. This is the Teachers' Pension Scheme - I have 6 months from joining the career average scheme to decide whether to buy out the years which makes the deadline the end of the month as the scheme started in April. I am still tossing this back and forth. The £...
by SamLJ
Sat Sep 26, 2015 8:40 am
Forum: Non-US Investing
Topic: Pay more now to get pension benefits earlier question
Replies: 6
Views: 986

Re: Pay more now to get pension benefits earlier question

If one changes jobs then the pension built up can still be taken at 68 (or slightly earlier if one is buying out years). One needs to pay 2.25% every year until 65 in order to be able to get the pension benefit at 65. An actuarial calculation would be applied to determine the pensionable age if one ...
by SamLJ
Sat Sep 26, 2015 6:17 am
Forum: Non-US Investing
Topic: Pay more now to get pension benefits earlier question
Replies: 6
Views: 986

Pay more now to get pension benefits earlier question

The pension scheme offered through my employer offers the option to make extra contributions to the scheme in exchange for being able to draw on the pension earlier. My current retirement age is 68 in the scheme, but I can pay an extra 2.25% (0.75% for each year I wish to buy out) of my salary into ...
by SamLJ
Wed Oct 30, 2013 11:04 am
Forum: Personal Investments
Topic: Portfolio review - sell I bond or not?
Replies: 9
Views: 1313

Re: Portfolio review - sell I bond or not?

I would definitely keep the I bond, try to max out the Roth and make required contributions to get the employer match.

Cheers,
Sam
by SamLJ
Thu Aug 29, 2013 1:01 pm
Forum: Non-US Investing
Topic: non-resident alien(UK), convert IRA to Roth, tax ?
Replies: 43
Views: 7693

Re: non-resident alien(UK), convert IRA to Roth, tax ?

My understanding of this was also that the rollover to the Roth was taxable by the US but not the UK. Here's my complicated situation: I moved back to the UK in 2010 having rolled over my IRA to a Roth. I then filed US taxes as a US resident (as I still had not given up my green card) through 2012 (...
by SamLJ
Mon Dec 03, 2012 1:06 pm
Forum: Non-US Investing
Topic: UK pensions: Voluntary NI contributions
Replies: 19
Views: 2533

Re: UK pensions: Voluntary NI contributions

When I lived in the USA I paid voluntary NI contributions from abroad. For your wife I think it might be worth it to do the same. Take a look here: http://www.hmrc.gov.uk/ni/volcontr/abroad.htm "If you want to pay voluntary National Insurance contributions while abroad, either of the following condi...
by SamLJ
Mon Dec 05, 2011 9:28 am
Forum: Non-US Investing
Topic: UK: Vanguard funds at Hargreaves Lansdown
Replies: 0
Views: 334

UK: Vanguard funds at Hargreaves Lansdown

Just a heads up for UK Bogleheads - Hargreaves Lansdown, one of the bigger low cost investment firms, has added a number of Vanguard funds to its fund supermarket. Vanguard in the UK has very high minimums for direct investments so less wealthy investors need to use other firms to access the funds a...
by SamLJ
Wed Nov 16, 2011 5:27 am
Forum: Personal Investments
Topic: Stock idea for 4th grade class...
Replies: 31
Views: 1504

Re: Stock idea for 4th grade class...

As others have said, if the idea is to win the contest then you want to go for maximum volatility and hope you get lucky. Alternatively you could have them each pick a few stocks and then average out their results at the end. Compare to the Dow or the S&P 500 and you probably won't be too far off. I...
by SamLJ
Fri Oct 14, 2011 3:24 am
Forum: Personal Investments
Topic: yet another MD looking for portfolio advice/review
Replies: 24
Views: 3123

Welcome to the forum! Here's a possible portfolio based on the 80/20 stocks/bonds scenario (I rounded the percentages to the nearest 0.5% to make it add to 100%): His 401k (11.5%) Spartan 500 Index - Investor Class FUSEX 7.5% Spartan Extended Market Index Fund - Investor Class FSEMX 2% Vanguard Tota...
by SamLJ
Thu Aug 11, 2011 2:45 am
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 5
Views: 1273

In the 25% tax bracket you may want to consider a tax-deferred 401k rather than a Roth 401k in order to save taxes now, and help save you the money in order to fully fund the $5000 Roths for you and your spouse.

Cheers,
Sam
by SamLJ
Thu Aug 11, 2011 2:40 am
Forum: Personal Investments
Topic: Questions on Landlording
Replies: 22
Views: 3741

The investment/rental property thread over at fatwallet is a decent read, and you may get some reasonable answers by posting over there too.
http://www.fatwallet.com/forums/finance/59627/

Cheers,
Sam
by SamLJ
Tue Aug 09, 2011 12:03 pm
Forum: Personal Investments
Topic: My portfolio, your advice?
Replies: 25
Views: 2580

Hi Benlo,

Could you post all the options available in your 401k please, along with ERs?

Cheers,
Sam
by SamLJ
Tue Jul 26, 2011 7:24 am
Forum: Personal Investments
Topic: Help with portfolio given by family member
Replies: 15
Views: 2160

As mentioned above, you should look into maxing out your retirement contributions if you are not already, in order to effectively convert the money from taxable into tax-deferred. For the best responses please post what options are available through your employer based plan.

Cheers,
Sam
by SamLJ
Mon Jul 25, 2011 8:28 am
Forum: Personal Investments
Topic: The Challenge: Portfolio for Today and Tomorrow
Replies: 61
Views: 5319

Hi again ken, I have to agree with many others that the main problem your friend has is the rate at which she spends money. Bogleheads are a rather frugal bunch as a whole and like to save a lot of their income. As a result, I think we may as a community be quick to judge those that don't save and f...
by SamLJ
Sun Jul 24, 2011 6:09 am
Forum: Personal Investments
Topic: The Challenge: Portfolio for Today and Tomorrow
Replies: 61
Views: 5319

Hi kenner, Does she have any work related income coming in to add to investments in the future? If she is very risk-averse then I would still recommend a minimum of 30/70 (stocks/bonds) if there is no extra money coming in, but 20/80 may well be fine, depending on the withdrawal rate and how much mo...
by SamLJ
Wed Jul 13, 2011 4:32 pm
Forum: Personal Investments
Topic: 30yo married saver, ready to get some portfolio advice
Replies: 15
Views: 3294

Okay, here's a suggested portfolio. This assumes that you're investing the taxable into your long term investing plan. Hopefully I added the figures for the individual funds up right, and I assigned what was left over as a % to taxable. His Roth 14.2% Vanguard Emerging Markets Index 4.0% Vanguard In...
by SamLJ
Tue Jun 07, 2011 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: What % do you save ?
Replies: 57
Views: 6744

60% of net salary (not including my contributions to a final salary pension scheme).

Sam
by SamLJ
Sun Mar 06, 2011 7:25 pm
Forum: Investing - Theory, News & General
Topic: U.K. Investors Rediscover Rental Properties
Replies: 25
Views: 9388

VT, do you have any thoughts on this index-linked bond sold through the post office from Bank of Ireland? It pays 1.5% real gross and is eligible for the Financial Services Compensation Scheme. I had a look at these when they were announced. What you get from the RPI+1.5% does not compound. So say ...
by SamLJ
Sat Feb 05, 2011 2:20 pm
Forum: Non-US Investing
Topic: UK Pound vs USD
Replies: 8
Views: 1467

How about transferring some of it over every couple of weeks or so to average it out?

Cheers,
Sam
by SamLJ
Tue Jan 18, 2011 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: any other post-docs on here? (or former post-docs?)
Replies: 51
Views: 6232

Invest what you can and wisely applies in any field. As everyone is giving their academic histories... I moved to the US for a 2 year postdoc before moving back to the UK for a 1 year postdoc. I then landed a tenure track job in the sciences at a good school in the US starting at the age of 27. Afte...
by SamLJ
Thu Jan 06, 2011 12:17 pm
Forum: Non-US Investing
Topic: Hello [investing from the UK]
Replies: 17
Views: 2074

libertas wrote:
The HSBC trackers I have listed do not have any transaction costs with my current ISA provider so these seem a better bet?
Hi libertas,

Could you mention who the ISA provider is please?

Thanks,
Sam
by SamLJ
Tue Jan 04, 2011 12:48 pm
Forum: Personal Investments
Topic: How to deal with IRA for income earned abroad
Replies: 6
Views: 897

Hi Stevester, You can't use money excluded by the FEIE for a Roth. The way to do a Roth with foreign income is to use the foreign tax credit instead. As long as your foreign tax rate is equal to or greater than the US tax rate you'd have to pay, you shouldn't owe any extra taxes to the IRS. Hope thi...
by SamLJ
Sun Jan 02, 2011 12:48 pm
Forum: Investing - Theory, News & General
Topic: 2010 Annual Returns Thread
Replies: 104
Views: 14839

10.1%

I gradually moved towards 65/35 stocks/bonds from 75/25 throughout the year and have 60% of equities in international.
by SamLJ
Sun Jan 02, 2011 12:13 pm
Forum: Non-US Investing
Topic: Hello [investing from the UK]
Replies: 17
Views: 2074

Welcome to the forum! How would you invest in the funds you mentioned and are there any related expenses to do so not included in the total expense ratio for the index itself? In most cases in the UK there are costs when you buy and sell so you should consider these too. The wiki has a good page on ...
by SamLJ
Sun Jan 02, 2011 12:08 pm
Forum: Personal Investments
Topic: How am I doing?
Replies: 19
Views: 2191

I like the idea of increasing your 401k contributions. You've selected the best two funds to invest in in that so it would be a good way to gradually convert your taxable money into tax protected assets (and at the same time reduce your yearly tax bill). Although the expenses are higher than you wou...
by SamLJ
Sun Jan 02, 2011 11:39 am
Forum: Personal Investments
Topic: International banking ....... ??
Replies: 11
Views: 1602

This sounds like the way to go. Could one simply transfer some Vanguard ETF shares to HSBC to qualify for the free Premier status? How much do you lose in currency exchange friction? For example, if you were to transfer USD 1,000 to THB and back, how much would you end up with in USD? If you want t...
by SamLJ
Sun Jan 02, 2011 11:18 am
Forum: Personal Investments
Topic: International banking ....... ??
Replies: 11
Views: 1602

With HSBC Premier if you have a bank account in each country you can transfer money without any charge at the prevailing exchange rate. You have to pay to get Premier status unless you have a minimum balance with them (for the US it is $100000 and for Thailand it is 3 million THB, but you only need ...
by SamLJ
Sun Jan 02, 2011 9:03 am
Forum: Personal Investments
Topic: Best place for US citizen in Canada to hold Roth IRA
Replies: 12
Views: 3910

This seems like Vanguard are making things more difficult than they need to. It is perfectly legal for someone to live and work outside of the USA and still contribute to a Roth IRA as long as they satisfy certain conditions (income levels and whether they take the FEIE for example) as long as the i...
by SamLJ
Sun Jan 02, 2011 7:28 am
Forum: Investing - Theory, News & General
Topic: 2011 BOGLEHEAD CONTEST REGISTRATION
Replies: 374
Views: 37658

1162.49
by SamLJ
Fri Dec 31, 2010 7:23 pm
Forum: Personal Investments
Topic: Target Retirement Income
Replies: 17
Views: 2204

Another way to think about this to aid understanding. What if someone bought into the fund the day before the dividend was paid out and then sold out the day after? Would you expect them to get the dividend due from the shares for the whole year with no other effect or penalty?
by SamLJ
Fri Dec 31, 2010 2:16 pm
Forum: Personal Investments
Topic: EmergDoc's Roth Conversion Thread
Replies: 158
Views: 39072

I'm having a momentary panic attack over my series of rollovers and conversions this tax year. I left my employer in the summer. In the employer plan (held at Vanguard) I had some Roth contributions as well as pre-tax money. I rolled the after tax contributions into a Roth IRA and the pre-tax money ...
by SamLJ
Tue Dec 28, 2010 9:01 am
Forum: Personal Investments
Topic: Young Investor Advice/Strategies
Replies: 46
Views: 4541

Hi cuscus, Take another look at Laura's advice. As you have a large taxable account you can use this money for your monthly expenses rather than your salary that would now be going to the TSP fund. Effectively you are turning the taxable money that is currently in a few individual stocks into tax pr...
by SamLJ
Sat Dec 25, 2010 6:10 pm
Forum: Personal Investments
Topic: 39 year old - Personal investing & Asset Allocation
Replies: 72
Views: 16569

Just a slight modification to my earlier suggestion, as I just realized that total international has about 25% emerging markets in it so my earlier suggestion is overweight in emerging markets compared to your desired allocation. To take this into account: Vanguard taxable (60%) 35% Vanguard Total S...
by SamLJ
Sat Dec 25, 2010 5:39 pm
Forum: Personal Investments
Topic: 39 year old - Personal investing & Asset Allocation
Replies: 72
Views: 16569

Regarding contributions going forwards, it looks like you're going to be above the AGI limit for contributing to a traditional or Roth IRA so you should look into contributing to a non-tax-deductible IRA (and then converting it to a Roth). For the $7-8k new contributions in the 401k, all should go t...
by SamLJ
Sat Dec 25, 2010 5:26 pm
Forum: Personal Investments
Topic: 39 year old - Personal investing & Asset Allocation
Replies: 72
Views: 16569

To not use the fund of funds you could do 25% PIMCO and 5% ING Russell™ Large Cap Index Portfolio in the 401k.

Cheers,
Sam
by SamLJ
Sat Dec 25, 2010 3:26 pm
Forum: Personal Investments
Topic: 39 year old - Personal investing & Asset Allocation
Replies: 72
Views: 16569

Hi bzcti, You are not very tax efficient at the moment. You do not want to be holding bond funds or REITs in your taxable accounts. As you don't have any TIPS or REIT options available in your 401k I would recommend that you reduce the allocation to these funds as there isn't space for them in the c...
by SamLJ
Wed Dec 22, 2010 6:34 pm
Forum: Personal Investments
Topic: Feedback on Portfolio and Goals
Replies: 7
Views: 876

Also, what kind of 401k options does your wife have?
by SamLJ
Wed Dec 22, 2010 6:32 pm
Forum: Personal Investments
Topic: Feedback on Portfolio and Goals
Replies: 7
Views: 876

Hi fourniks, You can certainly be a lot more tax efficient. You are paying way too much tax due to the bonds in your taxable accounts. I recommend your number 1 priority be to reorganize your portfolio to improve tax efficiency. Hold the bonds in tax protected accounts and tax efficient stocks in yo...
by SamLJ
Mon Dec 20, 2010 3:54 pm
Forum: Personal Investments
Topic: Beginning to get serious about investment/retirement
Replies: 20
Views: 3201

By far and away your best option in the company plan is: Vanguard Intermediate-Term U.S. Treasury Fund - ER=.25% How you organize your portfolio will depend on your total savings per year. If 6% of your salary (4% plus 2% match) is equal to 30% or less of new annual contributions then I would put th...
by SamLJ
Sat Dec 18, 2010 9:16 am
Forum: Personal Investments
Topic: Beginning to get serious about investment/retirement
Replies: 20
Views: 3201

Re: Serious in Investing

Considering the economy right now. You want to really look at the prospectus for 401k and roth, IRA. If you are serious in investing there are huge opportunities right now for the long term. If you want to save for emergency fund consider online banking which you get better return than a bank. For ...
by SamLJ
Sat Dec 18, 2010 5:51 am
Forum: Personal Investments
Topic: Asset allocation dilemma?
Replies: 16
Views: 3125

The messy part for me is how accurate are my assumptions (i.e. what market return will be over next 7 yrs, what my SS income really going to be in 10 yrs and even what income do I really need in retirement) and how much margin of error do I include (i.e. trying to design retirement plan with lots o...
by SamLJ
Fri Dec 17, 2010 6:27 am
Forum: Non-US Investing
Topic: Britain / U.K. Equivalent to Vanguard?
Replies: 103
Views: 23190

Unfortunately, though, the foreign earned income exclusion doesn't protect you from US taxes on foreign investment income. Depending on your circumstances, you may find with an ISA that some or all of your UK tax saving is simply swallowed by US tax. I ran through some hypothetical tax returns this...
by SamLJ
Thu Dec 16, 2010 7:28 pm
Forum: Non-US Investing
Topic: Britain / U.K. Equivalent to Vanguard?
Replies: 103
Views: 23190

I'm bringing back this thread as I'm moving back to the UK but will still be filing US taxes in 2011 and 2012 due to a likely Roth conversion that I think will be highly beneficial in the long term. I would like to make use of my ISA space during this time but, due to the tax nightmare that an index...
by SamLJ
Wed Dec 08, 2010 2:47 pm
Forum: Personal Investments
Topic: would like a 60/40 allocation that automatically rebalances
Replies: 13
Views: 2429

Thanks for all the responses. Yes, I should get around to merging the accounts. I only just converted them from my previous employer's plan. I like the idea of either all balanced, or a mix of balanced with an extra equity and bond fund to get the international allocation I'd like. I want to hedge t...
by SamLJ
Tue Dec 07, 2010 12:54 pm
Forum: Personal Investments
Topic: would like a 60/40 allocation that automatically rebalances
Replies: 13
Views: 2429

Thanks for the replies so far. Here's what HMRC say about the tax issue: "US investment and retirement accounts Q I am US domiciled and have been living in the UK for 10 years. I hold three types of investment accounts in the US: a brokerage account and two different retirement accounts. My first re...
by SamLJ
Tue Dec 07, 2010 12:14 pm
Forum: Personal Investments
Topic: would like a 60/40 allocation that automatically rebalances
Replies: 13
Views: 2429

would like a 60/40 allocation that automatically rebalances

Due to a change of circumstances, our asset allocation could use some adjusting and I would appreciate some opinions on how to do this. We’re moving to the UK and expect to stay domiciled in the UK for the foreseeable future. What I would really like to do with our US assets is to set them up on aut...