Search found 246 matches

by Lancelot
Fri Jul 21, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tumbling USD -- expats
Replies: 27
Views: 3771

Re: Tumbling USD -- expats

Any thoughts on how to preserve USD purchasing power for expats? Keep more in foreign currency? Gold? Buy more ex-Usa etfs? Particularly looking on advice on Thai baht. Tnx y'all appr Emerging Markets throw up these kinds of risks, so I wouldn't hold all your eggs in the Thai basket. Interesting qu...
by Lancelot
Fri Jul 21, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tumbling USD -- expats
Replies: 27
Views: 3771

Re: Tumbling USD -- expats

I've been abroad since 2001 and I've never used a currency hedge. My living expenses have been so low that USD currency fluctuations have not impacted my lifestyle. I enjoy the strong USD and shrug off the weak dollar. IF the OP is really committed to a particular country, then buying/leasing proper...
by Lancelot
Fri Jul 21, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: 10 month review: Keep paying off debt or invest?
Replies: 6
Views: 1117

Re: 10 month review: Keep paying off debt or invest?

IMHO your debt looks to be of the good variety, low interest mortgage and business investment. Personally, the market -in general- seems a little pricy to me right now. Have you considered building some cash and buying at the next significant market correction? Of course that means assuming market t...
by Lancelot
Fri Jul 21, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: simplicity vs chasing bonuses
Replies: 29
Views: 3476

Re: simplicity vs chasing bonuses

Churning a few credit cards for airline sign-up bonuses has got me seats in first class and Singapore Suites. It's never been a compulsion for me, just taking advantage of an available arbitrage :mrgreen:
by Lancelot
Sat Jul 15, 2017 9:05 pm
Forum: Personal Investments
Topic: Problem logging into Vanguard from abroad
Replies: 17
Views: 3845

Re: Problem logging into Vanguard from abroad

I agree. Expats need multiple ways to access their cash. A couple of years ago I was visiting Thailand and could not log into Vanguard from their mobile app, but no problem with my laptop from the full site.
by Lancelot
Wed Jul 12, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Collecting at 70
Replies: 17
Views: 2547

Re: Social Security: Collecting at 70

If you elect to contact SS, be very careful that they do not start your benefit prior to age 70, because if you start it even one month sooner you will forfeit a few months of DRCs earned in the final year. You will get all DRCs starting in the following year, but NOT retroactive to pick up those e...
by Lancelot
Tue Jul 11, 2017 8:37 pm
Forum: Non-US Investing
Topic: Can a US Citizen moving to Malaysia keep his brokerage accounts
Replies: 9
Views: 1826

Re: Can a US Citizen moving to Malaysia keep his brokerage accounts

Shhhhh! :D Keep a US address and telephone number and you will be fine. Never ask your bank/brokerage if its OK that you live abroad. Better to ask for forgiveness than permission :oops: Having said that, after about 10 years abroad, Capital One closed my savings account because some hero in Complia...
by Lancelot
Tue Jul 11, 2017 8:30 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein on Meb Faber's podcast
Replies: 54
Views: 13652

Re: William Bernstein on Meb Faber's podcast

But anzon is certainly right, those posts are certainly indicative of a market that's been headed north for a long enough time that people have forgotten just how bad 100% stocks feels when the music stops. b More so depending on one's age. A 25 year old should be delighted that his/her 100% stock ...
by Lancelot
Fri Jun 30, 2017 2:35 am
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on money gurus
Replies: 26
Views: 3856

Re: BH thoughts on money gurus

Dairy farmers will feed female calves until they grow into cows that can be milked. The male calves are neutered, sold, then only fed until they are large enough for a one way trip to the packing plant. The cattle have differing opinions about the dairy farmer. Funny analogy about cattle having dif...
by Lancelot
Tue Jun 27, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 38224

Re: Early Retirement - what to do about healthcare?

My current plan, if I do end up retiring early, is to be living in a country with affordable healthcare. :) Yeah I did that and it's worked out OK; however, keep a few things in mind: In many developing countries, private/for profit hospitals won't admit you unless you have insurance or can pay in ...
by Lancelot
Sat Jun 17, 2017 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 19873

Re: Who takes financial chances and why is this forum so financially conservative?

Well it depends :D When I was married I had other people depending on me- so I couldn't quit my job and pursue my passion, which is travel. After a divorce, I decided to go for it. I walked away from a good salary, but I've never regretted it. I am comfortable rolling the dice when I'm only responsi...
by Lancelot
Sat Jun 17, 2017 4:39 am
Forum: Personal Finance (Not Investing)
Topic: Better credit card(s) for us?
Replies: 5
Views: 1307

Re: Better credit card(s) for us?

To get the best card for your specific use, check out http://www.creditcardtuneup.com/ You also want to ensure you get one with no foreign transaction fee. You might also checkout the pointsguy https://thepointsguy.com/ Good info^ Also check out milevalue.com I like Citi Prestige, but don't let the...
by Lancelot
Sat Jun 17, 2017 3:16 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 55474

Re: Regret early retirement/downsizing

I retired at 49 and never regretted it; I've traveled to six continents and may even get to Antarctica. Warren Buffet Buffett still tap dances to work at 86.

Do what makes you happy :D
by Lancelot
Sun Jun 11, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare users - what type of plan(s) do you use?
Replies: 26
Views: 4138

Re: Medicare users - what type of plan(s) do you use?

I will making my Medicare selection in a few months- how did I get this old? Ha! I live abroad so I will be paying premiums for services that I won't always have access too; however, if I become very ill, I can go to Guam and I'm in the USA (For Medicare purposes.) I'm healthy so a Medicare Advantag...
by Lancelot
Wed May 10, 2017 11:00 pm
Forum: Personal Consumer Issues
Topic: Tesla Solar Roof
Replies: 85
Views: 12775

Re: Tesla Solar Roof

tech_arch wrote:
So essentially I invest $70k to earn $17k over 30 years? I can do better with a savings account paying 1%.

Am I missing something? Maybe our electricity rates just make it infeasible. Has anybody else priced out their homes?
I skimmed the article, but I'm with you, very low pay back
by Lancelot
Wed May 10, 2017 3:47 am
Forum: Personal Finance (Not Investing)
Topic: Long Term [Care] Rates just went Through the roof!
Replies: 34
Views: 6024

Re: Long Term [Care] Rates just went Through the roof!

WhyNotUs wrote:
WolfgangPauli wrote:
- Reduce my coverage
- Remove the inflation rider
- Stop paying and let it lapse.

Thoughts?
Don't take it personally, fixed income has underperformed for a decade.
Yes, one of the downsides to ultra low interest rates..
by Lancelot
Wed May 10, 2017 12:03 am
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 19399

Re: Considering new approach to credit card churning

I do some churning, but living abroad its a challenge to meet the minimum spending limits at times, in cash only third world countries :D
by Lancelot
Tue May 09, 2017 9:38 pm
Forum: Personal Investments
Topic: international stocks poised to outperform US ???
Replies: 80
Views: 8640

Re: international stocks poised to outperform US ???

I have no idea whether they will outperform the US market, but having said that, some individual country I Shares ETFs look cheap as compared to the US market. I have around 15% of my portfolio in Vanguard International funds, mostly for diversification.
by Lancelot
Tue May 09, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 258
Views: 51063

Re: Kotlikoff: When Should you Take Social Security?

I I avoided discussing SS tactics with friends who took SS at age 62 as my experience is some are very defensive about the decision to take SS early. I have talked to some elderly widows who wish their husbands had delayed SS. I agree about delaying SS for the spousal benefit, especially since wome...
by Lancelot
Tue May 09, 2017 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 258
Views: 51063

Re: Kotlikoff: When Should you Take Social Security?

However, I have found that many folks on this board are predisposed to collect at 70 and pretty much blow off any opposing collection strategies. I have a minor child, I would be dumb to wait. I'm not sure why you are being argumentative, but thats your decision :) If I had dependent children, I mi...
by Lancelot
Tue May 09, 2017 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 258
Views: 51063

Re: Kotlikoff: When Should you Take Social Security?

Leif wrote:It's their retirement, true. But maybe they don't have the advantage of reading Bogleheads or other sources.
.
They are actually aware of this forum, but feel that 10% per year in the market is a "no brainer." :D
by Lancelot
Tue May 09, 2017 12:16 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4361
Views: 839653

Re: What's Your Credit Card Rewards Strategy?

Hello Bogleheads, I have about 200,000 points accrued on Chase Sapphire Reserve and 150,000 accrued on American Express Platinum. I know of sites such as thepointsguy.com and read the articles about how he takes lavish vacations using points. Is there a website you guys would direct me to for absol...
by Lancelot
Tue May 09, 2017 12:14 am
Forum: Personal Finance (Not Investing)
Topic: LMP-2: Should you take the lump sum?
Replies: 26
Views: 4412

Re: LMP-2: Should you take the lump sum?

I took the lump sum (2003) and have never regretted the decision. The low interests rates now make it even more attractive. But I've always been surprised at how many people are terrified of managing their own money. Some folks think it's rocket science and they are not smart enough; pity because j...
by Lancelot
Mon May 08, 2017 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 258
Views: 51063

Re: Kotlikoff: When Should you Take Social Security?

My friends are a married couple, same age and elected to take SS at 62. I mentioned that I was waiting until 66, then filing a restricted claim and receive divorced spousal benefits. Mary (not her real name) opined "Well, we can't get that so we are claiming now." I also mentioned that SS guarantees...
by Lancelot
Mon May 08, 2017 1:28 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4361
Views: 839653

Re: What's Your Credit Card Rewards Strategy?

Hello Bogleheads, I have about 200,000 points accrued on Chase Sapphire Reserve and 150,000 accrued on American Express Platinum. I know of sites such as thepointsguy.com and read the articles about how he takes lavish vacations using points. Is there a website you guys would direct me to for absol...
by Lancelot
Mon May 08, 2017 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 6588

Re: Will and Estranged Child advice

Tough spot for the OP; sounds like they are trying to do the right thing but one child will not communicate. I have the opposite experience, my parents suffered dementia and my sister estranged me. It take two to fight, but also two to make amends and move forward. Unfortunately, there is not much o...
by Lancelot
Mon May 08, 2017 12:15 am
Forum: Personal Finance (Not Investing)
Topic: LMP-2: Should you take the lump sum?
Replies: 26
Views: 4412

Re: LMP-2: Should you take the lump sum?

I took the lump sum (2003) and have never regretted the decision. The low interests rates now make it even more attractive. But I've always been surprised at how many people are terrified of managing their own money. Some folks think it's rocket science and they are not smart enough; pity because ju...
by Lancelot
Fri Mar 10, 2017 11:43 pm
Forum: Investing - Theory, News & General
Topic: Important Bear Market Signal sent
Replies: 19
Views: 3737

Re: Important Bear Market Signal sent

InvestorNewb wrote:"Be Fearful when others are greedy and greedy when others are fearful."
Pretty much sums it up :sharebeer
by Lancelot
Sun Jun 19, 2016 2:03 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony bank upgrade
Replies: 32
Views: 6606

Re: Synchrony bank upgrade

I'm a new customer at Synchrony- and I'm not impressed with their website. The trials we endure for a few more basis points of yield...
by Lancelot
Sun Jun 19, 2016 1:37 am
Forum: Investing - Theory, News & General
Topic: Why do people buy annuities?
Replies: 125
Views: 26018

Re: Why do people buy annuities?

There is no other way to get longevity insurance than to buy a life annuity. That's not entirely true. Although some can't afford to defer social security, the best value in longevity insurance is FIRST optimizing social security. I see too many people take SS early, only to turn around and buy an ...
by Lancelot
Sun Jun 05, 2016 1:59 am
Forum: Personal Finance (Not Investing)
Topic: Need what to do advice for elderly relative w/ memory loss.
Replies: 20
Views: 3213

Re: Need what to do advice for elderly relative w/ memory loss.

Unfortunately she doesn't think she needs help. She thinks her old doctor was trying to poison her (just had her on depression meds) and they won't talk to me. Also her last last landlord was a nazi because of his last name and the way he acted. She's also super paranoid about money and gets worked...
by Lancelot
Sun Jun 05, 2016 1:13 am
Forum: Personal Consumer Issues
Topic: Electric Scooter?
Replies: 54
Views: 7016

Re: Electric Scooter?

Never had one but I noticed that they are hugely popular in China, and becoming more popular here in the Philippines. I talked to some Chinese about charging issues and most had two batteries- one in service and one on charge.
by Lancelot
Wed Jan 13, 2016 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Dementia/Alzheimer's (spouse)
Replies: 36
Views: 5853

Re: Dementia/Alzheimer's (spouse)

As an attorney that sees a lot of guardianships and other planning issues, I will say to talk early. It is much easier to let them know what you see and that it is a concern. Let them know that you want to form a plan if EITHER of you winds up needing some oversight or restriction. Sit down togethe...
by Lancelot
Wed Jan 13, 2016 7:37 pm
Forum: Personal Consumer Issues
Topic: Lima, Peru advice
Replies: 23
Views: 3092

Re: Lima, Peru advice

I was also there 30 years ago and visited again in 2015. A much safer and prosperous country overall. I was in Lima for three nights and enjoyed walking around and eating. I did a "free" walking tour (They expect a tip) organized by my hostel. We walked around the shopping district near the capital ...
by Lancelot
Fri Dec 18, 2015 11:58 pm
Forum: Investing - Theory, News & General
Topic: Large Energy stocks - why not?
Replies: 158
Views: 16692

Re: Large Energy stocks - why not?

I like XOM and regret not buying this past August when shares were around $70. Maybe I'll get another chance to get in :sharebeer I travel a lot and I'm always observing the locals. Third world consumers want a Western lifestyle, especially owning their own transportation. Eventually the demand for ...
by Lancelot
Thu Dec 17, 2015 9:01 pm
Forum: Non-US Investing
Topic: Argentine peso is down 30% today ...
Replies: 24
Views: 3184

Re: Argentine peso is down 30% today ...

A fictitious currency can only last for a limited amount of time. For those that have been in Buenos Aires more than once in a space of years, can only be shocked by its deterioration. Agreed, I was there this past June/July and yeah, the infrastructure is in poor condition. Even with the Blue Doll...
by Lancelot
Sun Dec 13, 2015 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: The psychology of high deductible health plans
Replies: 103
Views: 11066

Re: The psychology of high deductible health plans

If they could change one equation in our health care system, it would be to make pricing transparent... +1 I am a physician and I cannot for the life of me figure out a way to get the patients an estimate on what a simple procedure is going to cost. The one exception is a cash paying patient who is...
by Lancelot
Thu Dec 10, 2015 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: New Military Retirement System
Replies: 86
Views: 13394

Re: New Military Retirement System

Nice explanation and outline. Can something be done to force the DoD to go back to the old system? A full employment economy with higher paying jobs :sharebeer Like another poster mentioned, I suppose the new system is good for some one that does significant years in the service, but does not quali...
by Lancelot
Mon Dec 07, 2015 9:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Partnering with Yodlee
Replies: 153
Views: 30172

Re: Anyone having problems with Yodlee?

I enrolled with Yodlee with Vanguard as mandated to aggregate my accounts. It worked fine the first couple of days in November following enrollment. However, starting Nov 28 it went a little crazy. The Vangaurd accounts work fine and after a couple of days the Fidelity account started showing the c...
by Lancelot
Mon Nov 30, 2015 4:47 am
Forum: Personal Consumer Issues
Topic: Honda Accord broke down last night
Replies: 71
Views: 12372

Re: Honda Accord broke down last night

I'm with the sell it for as much as you can and buy a newer, albeit, used vehicle camp, unless the repair cost is relatively small.
by Lancelot
Sun Nov 29, 2015 10:31 pm
Forum: Personal Investments
Topic: Are individual stocks really a bad idea?
Replies: 55
Views: 10455

Re: Are individual stocks really a bad idea?

My next door neighbor, a top-notch accountant and retired CFO of a mid-sized company, owns one health mutual fund and four stocks: Apple, Disney, UnderArmor, and something I forget. And that's it, no bonds or CDs or real estate except his home. He brags that he has averaged 14% a year for the last ...
by Lancelot
Sun Nov 29, 2015 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly in-laws moving in: what to consider?
Replies: 66
Views: 12262

Re: in-laws moving in

About "Getting Siblings on board" yes, do communicate and encourage feedback. They may be cooperative and receptive- or they may not. But at least you tried. My sibling encouraged my parents to build a house on her land and basically received all of the assets of the Estate. At Probate time, there w...
by Lancelot
Tue Nov 24, 2015 9:47 pm
Forum: Personal Consumer Issues
Topic: Best Use of Ultimate Rewards Points
Replies: 109
Views: 16155

Re: Best Use of Ultimate Rewards Points

I'm going to redeem my UR points for air travel. Maybe a first class trip from Manila to Australia on Singapore airlines
by Lancelot
Fri Nov 20, 2015 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Need to overcome our frugal habits and splurge a little in retirement
Replies: 63
Views: 9481

Re: Need to overcome our frugal habits and splurge a little in retirement

Begin by "splurging small" Try a more expensive restaurant, even if the entrée prices are modestly more expensive. If you enjoyed it, do it again. Same for a better cabin on a cruise ship, etc. Opt for the premium service or goods, but repeat only when you are equally satisfied with the results. Val...
by Lancelot
Tue Nov 17, 2015 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on salary negotiation - Engineering
Replies: 22
Views: 3137

Re: Advice on salary negotiation - Engineering

Not to be negative, but I think that a candidate has more bargaining leverage if he is applying for a position in a different company. What is your firm's "culture?" Is top management generous with respect to compensation? Are you considering a move to a different company after you get more manageme...
by Lancelot
Tue Nov 17, 2015 8:23 pm
Forum: Investing - Theory, News & General
Topic: [How much does "Book Value" count in company valuation?]
Replies: 31
Views: 3347

Re: [How much does "Book Value" count in company valuation?]

The OP mentioned that the stock was beaten down recently, so the book value was temporarily low.

Having said that, book value is one of the ratios that I specifically look for when I'm considering a stock. For me, its not the end all ratio; however, its not inconsequential either.
by Lancelot
Tue Nov 17, 2015 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Trad IRA withdrawals with unknown nondeductible contributions
Replies: 4
Views: 627

Re: Trad IRA withdrawals with unknown nondeductible contributions

I reconstructed my nondeductible contribution basis -the best I could- from old paper bank statements and tax returns. The ND percentage is low, about 2.5%, but every little bit helps. I half expected a letter from the IRS, informing me that my ND factor was incorrect, but after two years nothing. M...
by Lancelot
Sat Nov 14, 2015 3:23 am
Forum: Personal Finance (Not Investing)
Topic: Do you believe that Social Security [is actuarially neutral]
Replies: 130
Views: 17066

Re: Do you believe that Social Security [is actuarially neutral]

This does not mean that you can't beat the actuarial tables on an individual basis. Most people claim early. Most people probably shouldn't. It's not about leaving money on the table. It's about insuring that you don't outlive your savings. On the whole, 80% of the population still claims before FR...
by Lancelot
Sun Nov 01, 2015 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: How much of your total income are you worth?
Replies: 51
Views: 9244

Re: How much of your total income are you worth?

I too find this interesting, my net worth is about 88% of my total earned income. I always thought it would be cool to reach 100%, so in my mind I could think "I have the first dollar I ever made" Ha!
by Lancelot
Thu Oct 29, 2015 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Heading toward divorce- what to look out for?
Replies: 51
Views: 12495

Re: Heading toward divorce- what to look out for?

I agree with trying for amicable, fair minded mediation if at all possible. I recommend: 1 Avoid protracted legal battles if possible, but having said that, protect your self if the other side is being totally unreasonable 2 Get the best legal advice you can afford- its a one time expense but bad/in...