Search found 796 matches

by halfnine
Sat Jan 20, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 65
Views: 5450

Re: Do we need an emergency supplies kit (go bag)?

A few thoughts... I think a get home bag or get home strategy is probably more important than a go bag. Particularly, how to get the kids and everyone home assuming there isn't any cell phone coverage and traffic gridlock prevents transport by car. A shelter would be my last option. Even then a go b...
by halfnine
Sat Jan 20, 2018 8:04 am
Forum: Forum Issues and Administration
Topic: [New forum request] International investing and US non-resident section
Replies: 36
Views: 3196

Re: EU investing

In other words, I don't see a perfectly clean solution no matter what. Still, taxation is just math and so questions on something like real estate investing could just state foreign tax rates if it's relevant to the post and be placed in the normal investing forum (I'm mean we US investors do this ...
by halfnine
Sat Jan 20, 2018 8:03 am
Forum: Forum Issues and Administration
Topic: [New forum request] International investing and US non-resident section
Replies: 36
Views: 3196

Re: [New forum request] International investing and US non-resident section

I would agree that "living out of the US" isn't the best way to describe the section. But I don't believe "foreign taxation" would be the best way to separate it out as the issues go beyond taxation. Whatever the section is called, I think we would agree that the section would be of benefit to those...
by halfnine
Fri Jan 19, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 65
Views: 5450

Re: Do we need an emergency supplies kit (go bag)?

Duckie wrote:
Fri Jan 19, 2018 5:32 pm
vveat wrote:What kind of situation would the emergency bag help?
Listening to Katrina is a blog by someone who lived near New Orleans when Katrina hit. On this page and following pages he discusses "The Plan" for bugging out and what to take.
I agree. I think the whole blog is worth a read.
by halfnine
Thu Jan 18, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Family Balance and Children's Athletics
Replies: 37
Views: 2561

Re: Family Balance and Children's Athletics

I have a few thoughts about it. I specialized in a sport from around the age of 7 or 8 and traveled far and wide. At age 19 I had finally had enough and stopped for good never to return. I have regrets because while it is by far the sport I would ever be best at I ended up missing out on the sport t...
by halfnine
Thu Jan 18, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: Trying to downsize but still too much stuff
Replies: 59
Views: 5871

Re: Trying to downsize but still too much stuff

3 years from now, my wife and I are going to get in the car and drive South, with only a wallet, cell phone, and the clothes we are wearing. Destination unknown. In the meantime, we'll get rid of EVERYTHING. Remember, the things you own end up owning you. Actually, many things you don't own you wil...
by halfnine
Thu Jan 18, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6648

Re: Looking for a reasonably priced, safe international destination

gostars wrote:
Thu Jan 18, 2018 12:23 am
Belize is a good international choice, but would be completely wasted with kids 6 and 3. Try that when they're 12 and 9 and would actually enjoy zip lining, cave tubing, hiking around the ruins, and the other touristy stuff.
I agree with this. Belize is better when the kids are bit older.
by halfnine
Thu Jan 18, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: US stock market vs USD
Replies: 9
Views: 1320

Re: US stock market vs USD

Choice of base currency does that. I measure my net worth in a variety of currencies since I am not really country dependent. It is fairly common for my net worth to increase in one currency while simultaneously decreasing in another.
by halfnine
Thu Jan 18, 2018 6:42 am
Forum: Investing - Theory, News & General
Topic: [n X expenses + r] instead of [n X expenses]
Replies: 27
Views: 1163

Re: [n X expenses + r] instead of [n X expenses]

I prefer an [n X expenses] and a Plan B. Where Plan B is a list of all risks (longevity, SOR, disability, country risk, currency risk, etc) and what the response will be if these risks show up.
by halfnine
Tue Jan 16, 2018 9:16 am
Forum: Forum Issues and Administration
Topic: [New forum request] International investing and US non-resident section
Replies: 36
Views: 3196

Re: EU investing

Personally, I think the forum would benefit with a section for those "Investing - Help with Personal Investments - living outside the US". This would cover expats and other nationalities combined. This would be beneficial for a couple of reasons. First those with the knowledge to respond to these ty...
by halfnine
Mon Jan 15, 2018 5:21 pm
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6648

Re: Looking for a reasonably priced, safe international destination

With a week and young kids, I'd be inclined to keep the time change minimal. To that end, personally, I view the majority of the Americas as pretty safe. So I wouldn't be so much worried and robbery, theft, violence, etc. However, in less developed countries children could be a challenge since they ...
by halfnine
Sun Jan 14, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Does Global Wellesley Get the Foreign Tax Credit?
Replies: 5
Views: 674

Re: Does Global Wellesley Get the Foreign Tax Credit?

This is all OTOH so I might be mistaken and the numbers are crude. However, a couple of thoughts.. In a fairly typical fund the foreign taxes paid is around 0.2%. For Global Wellesley then crudely maybe we are talking 0.1%. So, if no credit is allowed this would basically be the additional expense o...
by halfnine
Sat Jan 13, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for UK equivalent of a 12-month CD
Replies: 2
Views: 178

Re: Looking for UK equivalent of a 12-month CD

You will want to look for the term fixed rate and not CD. The Post Office and NS&I might be the easiest to sort out.
by halfnine
Sat Jan 13, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 4791

Re: A half year at full pay or a full year at half pay?

...Cost, obviously. The post-tax cost of the extra 6 months of leave would be around $86000 or almost $500/day. That doesn't even include the higher cost of living at the new location. While we could afford to do it, there are other things we'd like to spend our money on over the next 10 years... U...
by halfnine
Fri Jan 12, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 4791

Re: A half year at full pay or a full year at half pay?

Our intentions are to take our kids on a year traveling abroad even without an option for a sabbatical. So, I think you understand my preferences. However, I will not take my kids when they are in their teenage years unless it is something they truly want to do and I am not talking just a little bit...
by halfnine
Thu Jan 11, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old Retiring Extremely Early-Domestic Wellesley or Half Global, Half Domestic Wellesley Better for my Bonds?
Replies: 55
Views: 6796

Re: 25 Year Old Retiring Extremely Early-Domestic Wellesley or Half Global, Half Domestic Wellesley Better for my Bonds?

....I've been working since I was 15 so I'll have more than 10 years necessary for social security.... Based on high income and work history I see little issue here. You will probably be past the first bend point where you get the most bang for you buck. I wouldn't be surprised if you would get 50-...
by halfnine
Thu Jan 11, 2018 5:46 am
Forum: Investing - Help with Personal Investments
Topic: Sequence of Return Risk impact on Retirement
Replies: 103
Views: 4505

Re: Sequence of Return Risk impact on Retirement

...No mater how one might strategize or slice and dice a portfolio, it still represents a SPOF. Single point of failure. Retirees and senior retirees, and super seniors, are running out of time. There's only so many years to go thru a recovery of unknown duration. thus. Multiple and diversified inc...
by halfnine
Wed Jan 10, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 17768

Re: Buying Real Silver and Gold (Not Bitcoin)

Does anyone here know a good bank in New Zealand, in case North America and Europe get nuked? It's increasingly more difficult for an American to open a foreign account remotely although 6 figures or residency can help. There are still some opportunities, though, it probably will require a trip abr...
by halfnine
Fri Jan 05, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 31
Views: 1863

Re: compression sack for sleeping bag, help with calculations please

....I am waiting for the arrival of my Osprey Aura 65G early next week. I plan to take the top lid off, place 3 event compression sacks (S, M, L) and hopefully I can carry it on the airplane...... I was a bit confused on the sleeping bag choice and the compression stuff sacks, but it seems the main...
by halfnine
Thu Jan 04, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 31
Views: 1863

Re: compression sack for sleeping bag, help with calculations please

A 20 deg bag could work with the right sleeping pad and the right night-time clothes. I agree there are a lot of ways a 20F bag could work under the right circumstances. I used a 38F bag on Kili and still kept all my fingers and toes :D . But, most people seemed a lot happier with lower rated sleep...
by halfnine
Thu Jan 04, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: compression sack for sleeping bag, help with calculations please
Replies: 31
Views: 1863

Re: compression sack for sleeping bag, help with calculations please

Before moving on to the compression stuff sack, I am curious about a 20F bag for Kili. Most people likely opt for a sleeping bag in the 0F range.
by halfnine
Tue Jan 02, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: Before buying gold, have a look at these returns since 1975
Replies: 84
Views: 6773

Re: Before buying gold, have a look at these returns since 1975

:arrow: The big takeaway from this data is that out of 184 Empires in the past 4,300 years, they all ended. It would be instructive to study how empires end. I would like to know more about that. I know that in 1913, There was the Russian, German, Austro-Hungarian, and Ottoman empires. They all end...
by halfnine
Thu Dec 28, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 12082

Re: European Cities that don't interest you

It took me a long time to figure it out but I finally realized that when I didn't like a place it wasn't the place it was me. The great travelers I've known can wear many different hats which allows them many different experiences. And once you figure out which hat is required for which place your e...
by halfnine
Thu Dec 28, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: A Year of Extreme Frugality
Replies: 48
Views: 4781

Re: A Year of Extreme Frugality

Took on work assignments in other locations so that for most of the year lodging and food were covered by employer. Plus earned a nice per diem. When I was back in the home office lived out of my car or stayed at $1/night walk in campgrounds. But, I never tried to save by eating what I would conside...
by halfnine
Tue Dec 26, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 12082

Re: European Cities that don't interest you

Can't say there are places that don't interest me, what I will say is that I favor places that like Americans.... I have traveled to most regions of the world and would have to say its quite rare that I have faced discrimination based on being an American from the locals. Often in well traveled loc...
by halfnine
Tue Dec 26, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 12082

Re: European Cities that don't interest you

expat wrote:
Tue Dec 26, 2017 10:37 am
Swindon
Worth it for the laugh :D
by halfnine
Tue Dec 26, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 3571

Re: EU Passport For Cheap College and Other Benefits

Between us we have 4 citizenships in countries across 4 continents. Our children are eligible for three of them. My thoughts follow... There are only three real downsides. The first is global taxation which is only an issue for the US and Eritrea. The second is mandatory military service or potentia...
by halfnine
Tue Dec 19, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 5882

Re: Spending on myself, am I off base here?

There is always more to the story. However, I don't see any reason why you shouldn't have a discretionary amount of money to spend each year. And you should be able to spend it on whatever you want without spousal rejection/complaint unless it has a negative impact on the quality of family life. As ...
by halfnine
Tue Dec 19, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with money from grandparents for kids?
Replies: 31
Views: 1327

Re: What to do with money from grandparents for kids?

If I gave my grandkids $1k each, and then found out that my son-in-law had invested it in an account in his name "but really, I'm going to spend it on the kids, I just don't want them to control it yet" I'd be one unhappy camper. (or a camper, for you Jim Gaffigan fans) If you aren't comfortable wi...
by halfnine
Tue Dec 19, 2017 5:13 pm
Forum: Personal Consumer Issues
Topic: "Breaking the seal" on more expensive travel
Replies: 38
Views: 4324

Re: "Breaking the seal" on more expensive travel

I am going to agree with a few others. A 7 day trip out to China is not worth the jet lag. There must be something in the Americas on your list that would be more reasonable for a 7 day time frame. Plus, China itself is worth way more than a 7 day journey.
by halfnine
Sun Dec 17, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity
Replies: 32
Views: 3924

Re: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity

I personally think a person should work their butt off for about 20 years before they get a sabbatical but maybe I am old school. At 30 you haven't even really worked that hard or made very much money yet (usually). I'd work another 10-15 years and work HARD! Earn your time off. While I agree peopl...
by halfnine
Fri Dec 15, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity
Replies: 32
Views: 3924

Re: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity

I took a year off to travel back before I met my spouse. A few years later took another year off and traveled with my spouse. And then we both took a year off after the birth of each child. Just do it. You won't regret it.
by halfnine
Fri Dec 15, 2017 11:55 am
Forum: Personal Consumer Issues
Topic: Japan in summer
Replies: 25
Views: 1801

Re: Japan in summer

A night in a Ryokan. Baseball, Sumo, and any festival.
by halfnine
Fri Dec 15, 2017 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Global nomad advice/newbie alert
Replies: 24
Views: 2404

Re: Global nomad advice/newbie alert

Unless, they don't let her renew her passport. Then she has a big problem unless she is a dual national. The IRS says this about revocation or denial of US passports: If you have seriously delinquent tax debt, IRC § 7345 authorizes the IRS to certify that debt to the State Department for action. Th...
by halfnine
Tue Dec 05, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Global nomad advice/newbie alert
Replies: 24
Views: 2404

Re: Global nomad advice/newbie alert

I won't rehash any of the previous points made. I will add one thing, though. If your spouse has some work history in the US it might be a good financial move for her to ensure 10 years of qualifying credit for Social Security benefits. US Social Security is one of the best deals going not only for ...
by halfnine
Tue Dec 05, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Global nomad advice/newbie alert
Replies: 24
Views: 2404

Re: Global nomad advice/newbie alert

Thanks for the perspective TedSwippet. Everyone is making a big fuss about it. Again I agree she should file, but the IRS won't ever pursue anyone who earns so little, and has no assets...... Unless, they don't let her renew her passport. Then she has a big problem unless she is a dual national. An...
by halfnine
Sun Nov 26, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 19171

Re: The fallacy of spending money on "experiences" vs hard assets

I have found that for me spending money on "hard assets" and on "experiences" both have had diminishing returns. However, spending money to buy time to spend with family and friends has not had diminishing returns.
by halfnine
Thu Nov 23, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 91
Views: 5483

Re: Do you include the sale of your home as part of your retirement planning?

My philosophy is to look at a 3.5% WR based on net worth instead of investments. And while a home would be included in net worth the imputed rent would also be included in expenses.
by halfnine
Thu Nov 23, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Public or Montessori Private School
Replies: 60
Views: 4590

Re: Public or Montessori Private School

We sent our daughter to Montessori school in Wisconsin for grades 2-8, after thoroughly researching the public schools in our area. While it was expensive, we do not regret it for a second. What the Montessori system excels at is instilling an intellectual curiosity and love of learning. From my da...
by halfnine
Fri Nov 10, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: In 40s and no retirement [US ex-pat in Brazil]
Replies: 28
Views: 3580

Re: In 40s and no retirement [US ex-pat in Brazil]

If you can "opt in" to social security for either you it will provide you the best longevity insurance around... Is this true? I haven't seen any comparison of ROI of contributing to social security vs. say taking what would have been contributions and investing it and then say buying an SPIA. And ...
by halfnine
Thu Nov 09, 2017 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: In 40s and no retirement [US ex-pat in Brazil]
Replies: 28
Views: 3580

Re: In 40s and no retirement [US ex-pat in Brazil]

If you can "opt in" to social security for either you it will provide you the best longevity insurance around. That is going to require at least 10 years of contributions. In a perfect world that would mean contributing from 52-62 (obviously sooner would be less risky though). And, in those circumst...
by halfnine
Thu Nov 09, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Inexpensive house or condo as home base (MKE?)
Replies: 39
Views: 4374

Re: Inexpensive house or condo as home base (MKE?)

I'm currently living in an apartment rental in CA, and have inherited some money; on top of my retirement fund I have around $120k with a bit more on the way. I'm thinking about doing longterm traveling/being nomadic overseas, and I had the idea of getting an inexpensive condo or house, to store th...
by halfnine
Fri Nov 03, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Does Retirement Make You Lazier?
Replies: 87
Views: 8265

Re: Does Retirement Make You Lazier?

I am not retired. However, in addition to many years spent working I have spent quite a few years not working as well. I did not find myself to be lazy in either of those instances. However, the times in which I have worked only part time I found myself to be quite lazy with the extra time.
by halfnine
Sat Oct 28, 2017 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20195

Re: Early-retired 35 year old with $1 million

I don't think it's impossible for you to retire but I do think there are some risks that can be better avoided by working a bit longer. For longevity insurance, I'd certainly consider contributing enough to social security to get to the first bend point. It's possible you are there already. And, if ...
by halfnine
Wed Oct 25, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: Planing Europe trip during Christmas, Eurorail pass or car rental
Replies: 16
Views: 1031

Re: Planing Europe trip during Christmas, Eurorail pass or car rental

I am not sure what the train system is like these days, but when I traveled about Europe many ages ago I'd take the overnight sleeper trains. It frees up your time and while more expensive it does eliminate the cost of a night's lodging each time. Might have to rearrange the order countries are visi...
by halfnine
Mon Oct 23, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Expat mail forwarding mechanics
Replies: 7
Views: 1076

Re: Expat mail forwarding mechanics

Depending on the state you currently reside in, it might be beneficial to relocate your state domicile and US accounts to a no income tax state prior to leaving the country. Most of the mail forwarding services are located in no income tax states for this very purpose. You may very well want to keep...
by halfnine
Sat Oct 21, 2017 3:12 pm
Forum: Investing - Theory, News & General
Topic: 4% SWR Rule in Other Countries
Replies: 29
Views: 3090

Re: 4% SWR Rule in Other Countries

That is indeed a good question... Check the last part of thIs blog entry (this uses a 70/30 asset allocation): https://finpage.blog/2017/03/25/investing-in-the-world-part-2/ Personally, I reached a few conclusions a while ago: - just looking at the US history is indeed narrow thinking and probably ...
by halfnine
Sat Oct 21, 2017 2:18 pm
Forum: Personal Consumer Issues
Topic: Help with PR emergency prep: Water filter, Propane stove, etc.
Replies: 46
Views: 3308

Re: Help with PR emergency prep: Water filter, Propane stove, etc.

I'd opt for redundancy wherever possible. There is an old saying that two is one and one is none. Water Treatment. I think there have been plenty of good options listed. I'd have a simple backup (possibly iodine, bleach) in case the first treatment system fails. I would opt against boiling as a eith...
by halfnine
Thu Oct 19, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Grandparents want to give to grandkids
Replies: 33
Views: 3346

Re: Grandparents want to give to grandkids

I don't want to come across as unappreciative but as someone who "paved" their own way without an inheritance along the way I feel that I have benefited tremendously relative to close friends who squabbled their inheritance and/or did not developer a proper work ethic in the real world. I am convin...