Search found 511 matches

by peterinjapan
Tue Aug 20, 2019 1:54 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity??
Replies: 70
Views: 6321

Re: Vanguard vs. Fidelity??

I love my Fidelity, but remember how hostile they are (and TD Ameritrade) to Vanguard mutual funds, charging $75 per trade. Not good for some users here. They are also hostile to any American who dares to live abroad. Anyone who does should hide this fact from them vigorously.
by peterinjapan
Fri Aug 16, 2019 11:45 pm
Forum: Personal Consumer Issues
Topic: iPad Pro 12.9 - 3rd Generation
Replies: 50
Views: 3680

Re: iPad Pro 12.9 - 3rd Generation

I love my 12.9 current gen and use it every day. It's especially wonderful on vacations or business trips, since it handles everything from maps to travel plans to movies to watch during a flight or drive. I'd recommend the cellular version since having the ability to buy a quick 5 gb of data for $3...
by peterinjapan
Sat Jun 29, 2019 4:50 pm
Forum: Personal Investments
Topic: Recommended Vanguard Fund(s) for Taxable Investments
Replies: 26
Views: 2700

Re: Recommended Vanguard Fund(s) for Taxable Investments

If you listen to the podcasts of Paul Merriman, an awesome fellow who's on this BBS from time to time, he basically says that VTI is too similar to the S&P 500 in practice, and that for the long term you should own more small caps, and especially small cap value, which is Paul's favorite investing v...
by peterinjapan
Sat Jun 29, 2019 4:10 pm
Forum: Investing - Theory, News & General
Topic: Hitting Critical Mass and then dealing with those feelings of Surreal
Replies: 51
Views: 6714

Re: Hitting Critical Mass and then dealing with those feelings of Surreal

I've got a large enough portfolio that I was down $100k in two days in the February 2018 VIX-tantrum, and am up or down $15k pretty much weekly, so the depression is real. You see so many posts here that make Bogleheads looks like Zen Masters who never experience the slightest concern about their po...
by peterinjapan
Fri Jun 28, 2019 3:34 am
Forum: Personal Investments
Topic: Looking For A Review On How To Invest $2.5M
Replies: 7
Views: 2013

Re: Looking For A Review On How To Invest $2.5M

You've definitely come to the right place for a good conservative answer. If you'd gone to Reddit it'd all be done on bets for "Tendies" options in two weeks.
by peterinjapan
Fri Jun 28, 2019 3:30 am
Forum: Personal Investments
Topic: Should I bother trying to replicate Total US Stock Market in my 401k?
Replies: 25
Views: 1783

Re: Should I bother trying to replicate Total US Stock Market in my 401k?

Since 401(k)/IRAs convert low-tax investments (capital gains, dividends) into maximum tax liabilities, shouldn't you always have either fixed income or "bad" (non-qualified) dividends like REITs there over the S&P 500? That's what I try to do.
by peterinjapan
Fri Jun 28, 2019 3:18 am
Forum: Personal Finance (Not Investing)
Topic: Time to Refinance Mortgage?
Replies: 12
Views: 1393

Re: Time to Refinance Mortgage?

I know. Can't believe why anyone would get a 30+ year mortgage over a 15 year. Lower rate, way less actual interest cost, plus it forces you to be on your toes to get the thing paid off in a timely manner.
by peterinjapan
Sat Jun 15, 2019 11:52 am
Forum: Investing - Theory, News & General
Topic: How have your homes as investments done?
Replies: 212
Views: 23057

Re: How have your homes as investments done?

My wife is Japanese, and when we bought a house in San Diego for $330,000 in 1998 she was sure its value would fall through the floor, because in Japan no one wants to live in a “used” house but buy land, tear down whatever building is there, and erect a new house for your own family. Happily I over...
by peterinjapan
Thu May 30, 2019 12:46 pm
Forum: Personal Investments
Topic: 60/40 Portfolio Future Returns
Replies: 14
Views: 1357

Re: 60/40 Portfolio Future Returns

I've heard a million times that "bonds are overpriced compared to stocks, don't expect any return from bonds going forward, stocks are all that are worth owning. From everyone from Buffet to Jane Commentator on Bloomberg Surveillance. Not a very Boglehead concept. I'd also love feedback on why this ...
by peterinjapan
Wed May 22, 2019 9:11 pm
Forum: Personal Investments
Topic: Does M1 Finance compare to Merrill Edge?
Replies: 17
Views: 1210

Re: Does M1 Finance compare to Merrill Edge?

Paul Merriman has done a lot of studies on M1 plus the other free broker whose name escapes me. One benefit he pointed out is, you can create your own perfect mix (like his Ultimate Buy and Hold Portfolio) and direct each purchase to buy equal shares of all of the funds you want to own. If I were yo...
by peterinjapan
Wed May 22, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 181
Views: 30947

Re: Cash - Throw it all on the table!!!

I just sold a condo in San Diego and keep $60k in my emergency fund, more than I would usually need, in case the tax bite is higher than I think it will be. Plus some cash in my trading account.
by peterinjapan
Wed May 22, 2019 12:40 pm
Forum: Personal Investments
Topic: Consolidating to Fidelity
Replies: 15
Views: 1748

Re: Consolidating to Fidelity

I moved to Fidelity (from Wells Fargo and Scottrade) and love it. Their website is great and their apps for iOS are great. That said, you should understand their business model. Fidelity (and TD Ameritrade) "have no choice but to charge you $75 to trade mutual funds from cheap companies like Vanguar...
by peterinjapan
Tue May 14, 2019 3:20 am
Forum: Non-US Investing
Topic: Non US brokers available to Americans
Replies: 7
Views: 656

Re: Non US brokers available to Americans

My advice is always to maintain a "footprint" in the US, using your parent's address or something, so that you can avoid the frankly ridiculous barriers that are erected against Americans who dare have passports and go out into the world. I've got my business so I can invest in the U.S. regularly th...
by peterinjapan
Tue May 07, 2019 3:06 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 14454

Re: I tried to fire my financial advisor of 12 years today...

Great job. I also fired my investing guy, who charged me 1.4% to own funds that sometimes charged me 1% or more. He tried to put me in load funds but caught the fire in my eye when he suggested it. I realized I could make as many mistakes as he made, and for free. Most angering of all, I was ready t...
by peterinjapan
Sun May 05, 2019 11:31 am
Forum: Personal Investments
Topic: Large Windfall that we cannot spend for 5 years
Replies: 10
Views: 2627

Re: Large Windfall that we cannot spend for 5 years

I was going to say, what great CD rates, and jump on them!
by peterinjapan
Sun May 05, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my primary residence
Replies: 6
Views: 1102

Re: Paying off my primary residence

Great work! I've got 2.5 years to go on Mom's house, and $300k to go on my main condo, so I'll be plugging away a while.
by peterinjapan
Sun May 05, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: House Hunting Duration: 10 Months Too Long?
Replies: 16
Views: 1979

Re: House Hunting Duration: 10 Months Too Long?

According to this cool book Algorithms to Live By (https://hackernoon.com/algorithms-to-live-by-book-review-77f53d63fa78), the answer is...37%. Take the period of time you've alotted, start looking, and when you get to a house that meets your basic needs, pull the trigger. Similarly, the amount of t...
by peterinjapan
Thu May 02, 2019 3:45 am
Forum: Non-US Investing
Topic: My Life as a Japanese Investor
Replies: 13
Views: 2777

Re: My Life as a Japanese Investor

Yes, it is nice that Vanguard works with them. You can get a lot of good funds there, like ITOT, though only a subset of what I'd like. In this particlar case they're still banned to me as an American going through a NISA account. I will look at E Maxis Slim though.
by peterinjapan
Wed May 01, 2019 11:36 am
Forum: Non-US Investing
Topic: My Life as a Japanese Investor
Replies: 13
Views: 2777

Re: My Life as a Japanese Investor

I thought Rakuten.com was an online shopping website, is this the same Rakuten??? in Japan they are a Brokerage firm???? Well they have many arms, like most J-companies. They have a vibrant online bank I use, the investing company, the #2 online shopping site after Amazon, and a baseball team. Most...
by peterinjapan
Wed May 01, 2019 11:34 am
Forum: Non-US Investing
Topic: My Life as a Japanese Investor
Replies: 13
Views: 2777

Re: My Life as a Japanese Investor

@rk6,

Nice comments, hope you enjoyed being in Japan. For any sane person, the U.S. is the best place to invest and you should invest there. No matter where I end up I'll still keep my portfolio in the US where the best business conditions exist.
by peterinjapan
Tue Apr 30, 2019 10:19 pm
Forum: Non-US Investing
Topic: My Life as a Japanese Investor
Replies: 13
Views: 2777

Re: My Life as a Japanese Investor

How do you deal with the complicated PFIC tax reporting requirements? I do all the normal PFIC/FATCA reporting in my 1040. Happily I own nothing here in Japan so there's not much to report. I have to basically file *4* times a year, though: preparing a "pre-1040" before March 14, then filing in Jap...
by peterinjapan
Tue Apr 30, 2019 10:16 pm
Forum: Non-US Investing
Topic: My Life as a Japanese Investor
Replies: 13
Views: 2777

Re: My Life as a Japanese Investor

How much do you really save that way? The US taxes dividends yearly and will tax capital gains when you sell, won't they? I mean, if you have to pay Japan 20% on dividends, you can get a credit from the US - correct? If you aren't paying Japan because it's in the NISA, you still pay the US 15%. I'm...
by peterinjapan
Tue Apr 30, 2019 6:34 am
Forum: Non-US Investing
Topic: My Life as a Japanese Investor
Replies: 13
Views: 2777

My Life as a Japanese Investor

I'm an American living in Japan full time, and I thought I'd share an interesting journey I've been on, investing through my NISA account in Japan -- which is a special system that lets me invest the equivalent of $12,000 a year in a special account, and whatever profits I manage to make are not tax...
by peterinjapan
Tue Apr 30, 2019 4:16 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 30013

Re: 20 countries where 200K in retirement savings will last you decades

I'm an American living in Japan, and my Japanese wife have always has thought it'd be neat to go to Spain, Portugal or a place like Penang in Malaysia (very Westernized with many expats living there) for 3-5 years while we're still "young" after retiring in a decade or o. I'm pretty sure the plans a...
by peterinjapan
Tue Apr 30, 2019 4:09 am
Forum: Investing - Theory, News & General
Topic: Is factor-based small-value/Fama-French tilting worth it?
Replies: 101
Views: 7147

Re: Is factor-based small-value/Fama-French tilting worth it?

DesertDiva wrote:
Mon Apr 29, 2019 1:37 pm
Have you spent any time considering the Boglehead style of investing?

https://www.bogleheads.org/wiki/Getting_started
That's the most Boglehead reply I've ever seen. ^_^
by peterinjapan
Tue Apr 30, 2019 4:08 am
Forum: Personal Investments
Topic: Dividends: do you like cash or reinvestment?
Replies: 19
Views: 2087

Re: Dividends: do you like cash or reinvestment?

I always reinvest, but for things I'm thinking of getting out of in the next few months, then I don't.
by peterinjapan
Tue Apr 30, 2019 3:55 am
Forum: Personal Consumer Issues
Topic: Fun-ish Used Boglehead Car
Replies: 86
Views: 6325

Re: Fun-ish Used Boglehead Car

I'll throw my hat in and recommend any Mazda car you could think of. They're great values, and even the Demio (er, Mazda2, I live in Japan) is quite a lot of fun. If possible get diesel, since diesel has way more power, and in Japan, it costs 20 cents less per liter then normal gasoline. (Mazda Miat...
by peterinjapan
Fri Apr 26, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4749
Views: 1226578

Re: What Movie Have You Recently Watched?

Ketawa wrote:
Fri Apr 26, 2019 12:38 pm
Avengers: Endgame. Perhaps the greatest moviegoing experience of my life.
Yes! I thought it'd be amazing, but it was 10x more!
by peterinjapan
Wed Apr 24, 2019 6:28 am
Forum: Personal Investments
Topic: Vanguard REITs ETF vs Admiral
Replies: 6
Views: 586

Re: Vanguard REITs ETF vs Admiral

It might not be a Boglehead-friendly opinion, but I am done with mutual funds for the rest of my life. The reasons... A) the “let’s buy a used car at noon, and at 4 pm we’ll both know what the price is” factor. This gap cost me $4000+ after I sold my shares of VDIGX on an “up day” only to have the m...
by peterinjapan
Wed Apr 24, 2019 6:20 am
Forum: Investing - Theory, News & General
Topic: How and when did you do it - to get to 1 Million
Replies: 130
Views: 28254

Re: How and when did you do it - to get to 1 Million

I’m 50, and am at maybe $3.5 mill, but that includes my primary residence so it’s hard to count. I think I hit $1 million sometime after 2008, by never selling during bad times and adding to my investments as things were recovering. I consider $1 to be meaningless. I’m currently hoping to hit $2 in ...
by peterinjapan
Sun Apr 07, 2019 3:03 am
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 16206

Re: How often do you check your net worth?

I check it every year. This year I was something pathetically like $10 up from last year, thanks to December's declines and me giving money to my kids to fund their Roth IRAs.
by peterinjapan
Thu Apr 04, 2019 1:21 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 7444

Re: Your opinion on debt?

I never do "bad" debt, but I don't consider a low interest rate mortgage to be bad. I actually maintain some debt, money I owe my company, because of the low rate (it's in Japan) and because the Japanese government has a high death tax they intend to charge when I die. Rather than half a debt-free p...
by peterinjapan
Tue Apr 02, 2019 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Any *disadvantages* to citizenship?
Replies: 74
Views: 4169

Re: Any *disadvantages* to citizenship?

I’m an Americana with a business in the U.S., and two in Japan, where I live. My life is a hellhole in which I calculate my Japanese taxes by March 15 (estimating my U.S. taxes, which aren’t finalized yet), then file in the US on April 15, then file again (the real filing) in July in the U.S., then ...
by peterinjapan
Mon Apr 01, 2019 6:10 pm
Forum: Personal Investments
Topic: Please help me understand these bond movements?
Replies: 6
Views: 529

Re: Please help me understand these bond movements?

Let me answer your question with a question: Why do you care what the prices of these funds do month to month? Are you planning on buying and then selling their shares month to month, or based on NAV changes? What is your investment horizon? My investment horizon would be 15-20 years. I'm trying to...
by peterinjapan
Mon Apr 01, 2019 12:43 pm
Forum: Personal Investments
Topic: Please help me understand these bond movements?
Replies: 6
Views: 529

Please help me understand these bond movements?

So, I've exited the position in GIBLX that my investing advisor told me to get, and am going back to index bond ETFs. I'm trying to understand the various movements in these ETFs -- IUSB, AGG, LQD, IEF, and TLT. https://s3-us-west-2.amazonaws.com/megumi.img/bondsimage3.jpg I *think* the following is...
by peterinjapan
Wed Mar 27, 2019 3:21 am
Forum: Personal Consumer Issues
Topic: Family man who misses driving a fun car
Replies: 91
Views: 6246

Re: Family man who misses driving a fun car

I always drive convertibles. Happily I lie in Japan where my company can buy my car for me. But for my U.S. car I have a BMW series 1 convertible stick shift, totally fun to drive and the cheapest BMW you can buy. I also loved Miatas. The fun to cost radio is awesome, and I've owned four of them ove...
by peterinjapan
Wed Mar 27, 2019 3:05 am
Forum: Investing - Theory, News & General
Topic: I hate bonds
Replies: 116
Views: 14124

Re: I hate bonds

My Fidelity advisor guy talked me into putting my bonds into GIBLX, a managed mutual fund by Guggenheim with a 0.9% expense ratio. For a year it's done nothing though all the passive ETFs (BND/GOVT/LQD/whatever) have performed well. I guess I'll pull the trigger on selling it and picking some ETFs I...
by peterinjapan
Wed Mar 27, 2019 12:18 am
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 9540

Re: Tattoos and Bogleheads

I live in Japan, a country that has some unreasonable beliefs about tattoos, sadly. I love taking baths in hot springs, which would be difficult to impossible with tats, so... My daughter got some small ones in Australia, and has to cover up when she goes to the baths here in Japan.
by peterinjapan
Fri Mar 22, 2019 6:27 am
Forum: Investing - Theory, News & General
Topic: Fell in Love with Fidelity
Replies: 103
Views: 14022

Re: Fell in Love with Fidelity

I love Fidelity for my personal investing, but I recently got disgusted with both Fidelity as well as TD Ameritrade for offering a bunch of “free mutual funds” tt are (pardon my French) piles of shit, with 1% costs, or the ability to buy proper Vanguard mutual funds for $50 per transaction. I recenl...
by peterinjapan
Tue Mar 19, 2019 9:24 pm
Forum: Personal Consumer Issues
Topic: Buying a Roadtrek
Replies: 27
Views: 3625

Re: Buying a Roadtrek

Wow, this is a very dangerous thread.
by peterinjapan
Sun Mar 17, 2019 6:10 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4749
Views: 1226578

Re: What Movie Have You Recently Watched?

One of my favorite movies which I rewatch a lot is The Man from Earth, a movie written by the writer of the Star Trek TOS episode Mirror Mirror.
by peterinjapan
Wed Mar 13, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: What time do you start your day?
Replies: 69
Views: 3489

Re: What time do you start your day?

I recently read theBook “why we sleep” and it really turned me on to getting 7 to 8 hours of sleep per night. The book has really helped me focus a lot more on getting a proper amount of sleep each night Book “why we sleep“ and it really turned me on to getting 7 to 8 hours of sleep per night.
by peterinjapan
Wed Mar 06, 2019 10:03 am
Forum: Personal Consumer Issues
Topic: First “financial” thing you do in the morning
Replies: 80
Views: 6016

Re: First “financial” thing you do in the morning

I'm an American living in Japan, so the first thing I do is grab my phone to see the market's results. I shouldn't but I can't help it.
by peterinjapan
Wed Mar 06, 2019 7:38 am
Forum: Non-US Investing
Topic: any experience with these US bank accounts for [US] ex-pat living abroad
Replies: 16
Views: 1746

Re: any experience with these US bank accounts for [US] ex-pat living abroad

Make sure you have a "base" in the U.S. I keep my company pretty much for this purpose, so I can have all the rights to invest in the U.S. as an American, although I live in Japan. Honestly, someone needs to sue the government to give us the right to open any account we please, even if we're living ...
by peterinjapan
Wed Feb 06, 2019 12:11 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4749
Views: 1226578

Re: What Movie Have You Recently Watched?

That's funny, I recently watched The Girl on the Train. Not a very good movie, the audiobook was way better, genius the way it spun its story through the eyes of three participants, one of whom was an alcoholic devastated by a divorce.
by peterinjapan
Sun Nov 18, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: Laptop security - Mac OS or Windows
Replies: 42
Views: 3153

Re: Laptop security - Mac OS or Windows

Meaning it’s being actively patched because it’s under constant attack.

Mac user here, never had a virus attack or similar issue. My lawyer once had to redo tens of thousands of work for me because his windows machine got corrupted with a virus. This was back during the Win95 era but still.
by peterinjapan
Sun Nov 18, 2018 6:51 am
Forum: Investing - Theory, News & General
Topic: Ally just raised Online Savings accounts to 2% APY
Replies: 66
Views: 7032

Re: Ally just raised Online Savings accounts to 2% APY

Banco Popular is currently paying 2.24%, I’m loving it.
by peterinjapan
Wed Nov 14, 2018 10:11 pm
Forum: Personal Investments
Topic: My Grandmother has 80% stocks
Replies: 55
Views: 6061

Re: My Grandmother has 80% stocks

I wish they had the reset-at-death step up here in Japan. They don't, and would try to ding me on "profits" (mostly inflation) on my mother's house if I sold it, since they only go by the original purchase price. Also, only one person can own land or a home in Japan, so they'd insist I pay all taxes...
by peterinjapan
Wed Nov 14, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads On Investing" podcast stats and more
Replies: 21
Views: 2069

Re: "Bogleheads On Investing" podcast stats and more

Loving the podcast and listening to every episode!
by peterinjapan
Sun Nov 11, 2018 8:40 pm
Forum: Personal Consumer Issues
Topic: iMac + iPad Pro
Replies: 29
Views: 2460

Re: iMac + iPad Pro

3) I might be wrong but it appears that the iPad Pro still loads and displays only the mobile versions of websites. This is a machine that claims to have desktop hardware and processing power but still limits itself to the kiddie version of the web pool. They should offer a version of Safari that i...