Search found 790 matches

by halfnine
Mon Mar 14, 2011 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your networth is investable capital?
Replies: 39
Views: 4952

encroaching 40
99%
by halfnine
Fri Mar 11, 2011 3:51 pm
Forum: Personal Consumer Issues
Topic: Is google spying on me?
Replies: 53
Views: 5660

For security I just use a linux bootable CD or thumbkey, do my financial stuff, and then reboot back to the main operating system.
by halfnine
Fri Mar 11, 2011 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: International Travel Health Insurance
Replies: 10
Views: 2115

One other thing to keep in mind is that if you are traveling to a place that doesn't have good healthcare you'll want to make sure you have emergency evacuation insurance that will cover a flight to a country that does.
by halfnine
Fri Mar 11, 2011 2:51 am
Forum: Investing - Theory, News & General
Topic: How to Afford Health Insurance if You Retire Early
Replies: 16
Views: 4165

If I can't afford health insurance in the us when I want to retire, I'll simply immigrate to another country that has their act together. Just a general comment, but to do so, you probably will need a lot of money and immigrate on an investor-visa or something of that sort. Not too many countries a...
by halfnine
Fri Mar 11, 2011 2:36 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance & using Trust with non-citizen spouse
Replies: 27
Views: 3171

Are you sure about the $5 million figure? When I did this about 5 years ago, the figure the estate lawyer told me was more like $100 thousand for tax free transfer to a non-citizen spouse. You can currently leave $5 million to anyone including your resident alien spouse. The exemption you refer to ...
by halfnine
Fri Mar 11, 2011 2:30 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance & using Trust with non-citizen spouse
Replies: 27
Views: 3171

I've summarized my understanding of how the estate taxes shake out (but am not an estate planning lawyer) https://spreadsheets.google.com/pub?key=0Av8VW5CCSV7SdEUwZFBvWVh0NGVqQ19PbFBzV0cyUGc&single=true&gid=0&output=html As such, in your scenario, the first few million (the exact number changes ever...
by halfnine
Tue Mar 08, 2011 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: life insurance: Whole Vs term?
Replies: 150
Views: 16396

If I'm 70/30 stocks/bonds, then the extra money I save by not buying WL is going to be allocated 70/30 stocks/bonds... If I buy WL I won't be. The WL is going to exist in the bond portion of my portfolio. Maybe my 70/30 will shift to 70/20/10 with stocks/bonds/WL. Anyone want to tell me why this is...
by halfnine
Tue Mar 08, 2011 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: life insurance: Whole Vs term?
Replies: 150
Views: 16396

If I'm 70/30 stocks/bonds, then the extra money I save by not buying WL is going to be allocated 70/30 stocks/bonds... If I buy WL I won't be. The WL is going to exist in the bond portion of my portfolio. Maybe my 70/30 will shift to 70/20/10 with stocks/bonds/WL. Anyone want to tell me why this is...
by halfnine
Wed Mar 02, 2011 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: The whole Roth vs. Traditional IRA
Replies: 56
Views: 9445

I suspect if they do anything they won't tax the Roth in the future, but instead they will include it as part of the cost basis when determining your tax rate on other income. Crudely eliminating most benefits of splitting contributions 50/50 to minimize one's retirement tax bracket.
by halfnine
Fri Feb 25, 2011 4:30 pm
Forum: Personal Consumer Issues
Topic: Would you consider traveling abroad?
Replies: 67
Views: 7060

I will still keep my opinion that people traveling in groups have a much lower exposure to the countries they are visiting than people who make their own decisions and have some flexibility to explore unplanned places, people and events. Victoria That's certainly true. My only point is in the big p...
by halfnine
Fri Feb 25, 2011 12:02 am
Forum: Personal Consumer Issues
Topic: Would you consider traveling abroad?
Replies: 67
Views: 7060

Of course, there are also degrees of travel. When I see tourists getting out of a bus to be herded by a local guide with a yellow umbrella, I don't believe these people are experiencing the country. The foreign exposure is even more superficial for those taking cruises and spending nights in their ...
by halfnine
Thu Feb 24, 2011 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Possible advantage to living in high cost of living area?
Replies: 74
Views: 8113

My wife and I have lived in some high COL places (Bay Area, San Diego, Chicago, London, Hong Kong, Tokyo, Sydney). It is and always will be a series of trade offs. However, in all places our income exceeds our taxes and expenses. Obviously, even amongst the high COL areas, in some location we net mo...
by halfnine
Wed Feb 23, 2011 3:28 am
Forum: Investing - Theory, News & General
Topic: when will you go underweight/ adjust equity holdings
Replies: 28
Views: 3602

When both a country's market and currency over-perform relative to the rest of the world I'll begin under weighing that country.
by halfnine
Tue Feb 22, 2011 12:18 pm
Forum: Investing - Theory, News & General
Topic: What is the Impact of US Dollar No Longer Being the Standard
Replies: 33
Views: 5193

That return is adjusted for currency-- ie taken on the same basis AFAIK. The pound/ dollar ratio gets a bit meaningless from 1938 because of foreign exchange controls, which were only finally lifted in the UK in 1979. If it is adjusted for currency AND the pound/dollar ratio is meaningless then the...
by halfnine
Tue Feb 22, 2011 9:52 am
Forum: Investing - Theory, News & General
Topic: What is the Impact of US Dollar No Longer Being the Standard
Replies: 33
Views: 5193

I thought this very recent article by Larry Swedroe was excellent about this very issue: http://moneywatch.bnet.com/investing/blog/wise-investing/what-the-dollars-reserve-currency-status-means-for-your-investments/2065/?tag=col1;blog-river "I noted that prior to the dollar taking that role, the Bri...
by halfnine
Tue Feb 22, 2011 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Do you factor in future taxes when calculating net worth?
Replies: 24
Views: 3934

<I>.... One million sitting in a bank account is not even close to the same as one million sitting in a tax deferred account. So.......</I> Actually it might be closer than you think. With a 4% safe withdrawal rate the money in an IRA would give you $40K in taxable income a year. For a couple that ...
by halfnine
Mon Feb 21, 2011 3:42 pm
Forum: Personal Consumer Issues
Topic: Can Money Buy You Love?
Replies: 57
Views: 7613

It is just as easy to fall in love with a rich person as a poor person so you take your pick :D
by halfnine
Mon Feb 21, 2011 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: If you had a choice, would you still live in the USA?
Replies: 153
Views: 15223

VictoriaF wrote:
halfnine wrote:Setting up my lawn chair.
Where is your lawn? Is it greener? :mrgreen:

Victoria
ones lawn is only greener if one takes the time and effort to maintain it, otherwise its just as brown as the rest
by halfnine
Mon Feb 21, 2011 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: If you had a choice, would you still live in the USA?
Replies: 153
Views: 15223

Setting up my lawn chair

This thread is starting to sound like Fox news. Just waiting for the non patriot flag now.
by halfnine
Mon Feb 21, 2011 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: why do I owe AMT (per TaxAct)?
Replies: 47
Views: 6305

please stop hijacking my thread. I need to keep it open so I can sort out what happened to me. Let me see if I understand. In 2010 I increased my income by about $20,000 due to IRA conversion. Anticipating this would increase my taxable income and possibly bump me into the 33% tax bracket, I increa...
by halfnine
Mon Feb 21, 2011 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you factor in future taxes when calculating net worth?
Replies: 24
Views: 3934

One million sitting in a bank account is not even close to the same as one million sitting in a tax deferred account. So.... taxes on tax deferred....yes taxes on capital gains/losses.....yes taxes on home / cost of sale......yes I am trying to grow my after-tax net worth and I have a plan for how/w...
by halfnine
Mon Feb 21, 2011 3:02 am
Forum: Personal Finance (Not Investing)
Topic: why do I owe AMT (per TaxAct)?
Replies: 47
Views: 6305

Is it possible that the IRA conversions themselves pushed me into AMT territory? There were $20k in taxable gains. My income is otherwise the same and the only deductions that went up were charitable donations. If so, might I be better off taking the conversions as taxable income in 2011 and 2012? ...
by halfnine
Mon Feb 21, 2011 2:51 am
Forum: Personal Finance (Not Investing)
Topic: why do I owe AMT (per TaxAct)?
Replies: 47
Views: 6305

^I agree, but how much do you really reduce your taxes? Let me give you a real life example. In 2009 I deferred a significant amount of income, resulting in me being well under the AMT threshold. That year I accelerated property taxes, paying $18,225 in 2009. In 2010 I was just inside AMT, and my p...
by halfnine
Mon Feb 21, 2011 12:35 am
Forum: Personal Consumer Issues
Topic: I really love the forum, but...
Replies: 87
Views: 12460

One's money has to last one's lifetime. That's it. If you can do that then spend the money on what you enjoy. And if what you enjoy doing is hoarding money you'll never spend, then who I am to judge that either.
by halfnine
Sun Feb 20, 2011 5:22 pm
Forum: Investing - Theory, News & General
Topic: Investing in Australia: Individual stocks to avoid PFIC?
Replies: 7
Views: 1680

snowback96 wrote:Also, since Australia doesn't tax capital gains on non-residents stock investments, you will not be able to use any of the unused FTCs against the US capital gains when you sell the shares.
That was my thought as well
by halfnine
Sun Feb 20, 2011 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: If you had a choice, would you still live in the USA?
Replies: 153
Views: 15223

Since I no longer live in the USA, I think my answer is pretty obvious. But it's like I always tell people....... there is no perfect country but there maybe a perfect country for you. It all comes down to what is important to you and what isn't and finding a place (even within a country) where that...
by halfnine
Sat Feb 19, 2011 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Home Country Bias / Foreign Equity Allocation Question
Replies: 10
Views: 2389

I dont want any more than 33% of my net worth tied to any one country or any one currency. To me that eliminates quite a bit of systematic risk associated with any one country. But, I also have residency options in four continents so am free to live where the money goes the farthest. The simple fact...
by halfnine
Wed Feb 09, 2011 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Another Whole Life Insurance thread - logical?
Replies: 51
Views: 5312

I am going to try a different approach because it is what I'd do if considering whole life. 1. Recognize that at least the first ten years are going to be a losing proposition but that doesn't necessarily mean that long term it won't work out to be better. 2. Compare only based on the guaranteed rat...
by halfnine
Tue Feb 08, 2011 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Another Whole Life Insurance thread - logical?
Replies: 51
Views: 5312

Also keep in mind his numbers are projected, not guaranteed. Run the scenario with the guaranteed figures and compare. I found my actual whole life "returns" were a whole lot closer to the guaranteed figures than the projected. I think this is the most important issue. Definitely need to run the nu...
by halfnine
Tue Feb 08, 2011 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking portfolio advice for 36 year old mostly in cash
Replies: 18
Views: 2740

You have accumulated a half million dollars at age 36. Like another commenter said, you may not need to take a lot of risk to build an adequate retirement nest egg. I think there you should take a step back from the details and ask yourself two key questions: (1) How much money do you think you wil...
by halfnine
Tue Feb 08, 2011 5:30 am
Forum: Investing - Theory, News & General
Topic: Why not go big with EM if time horizon is long?
Replies: 97
Views: 10193

We Bogleheads can't have it both ways. We can't tout the long-run historical returns of stocks when it suits our needs then turn around and say, "it is absurd to take into account historical returns because past returns don't guarantee future results" Either historical returns matter or they don't....
by halfnine
Mon Feb 07, 2011 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: UK Pound vs USD
Replies: 8
Views: 1335

First I decide what future purpose the money had and whether moving it to the states was required at all. Of course, there could also be drawbacks and tax complexity with leaving it in the UK as well.
by halfnine
Thu Feb 03, 2011 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Should I prepay or not?
Replies: 10
Views: 1640

Re: Should I prepay or not?

When the mortgage is prepayed my asset allocation will be "out of whack" because I do not consider my house as part of my asset allocation. That's why I don't use AA at all. I use after tax net worth and consider all assets/debts when determining my ideal allocations. Then I determine the percentag...
by halfnine
Thu Feb 03, 2011 9:12 pm
Forum: Investing - Theory, News & General
Topic: Rethinking Stocks for the Long Haul
Replies: 48
Views: 5685

Any of these calculations/charts been run for Japan? Any done for the world stock markets as a whole? I ask as a question as someone who doesn't have an answer and wouldn't mind seeing one. I have a personal belief (whether right or wrong and certainly that can not be substantiated) that the summati...
by halfnine
Thu Feb 03, 2011 8:53 pm
Forum: Investing - Theory, News & General
Topic: How old were you when you became completely debt free?
Replies: 70
Views: 7491

It's an interesting question. I became net worth positive when I was around 24. However, my parents paid for half my education. So, that said, if I was to pay forward my debt obligation for the first 18 years of my life plus half of college to my own children I probably didn't reach a debt free poin...
by halfnine
Mon Jan 31, 2011 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Bad tax-deferred funds vs. taxable account
Replies: 8
Views: 993

You have to run the numbers yourself based on expected tax brackets, expected return, etc. However, generically I've found that once you've exceeded any matching then with the additional money if the difference in expenses between the two accounts is greater than 0.8% and I plan on investing the mon...
by halfnine
Mon Jan 31, 2011 8:03 pm
Forum: Personal Consumer Issues
Topic: How important do you think it would be to learn Chinese now
Replies: 69
Views: 10220

Re: How important do you think it would be to learn Chinese

What about the next 10-30 years from now? 2050? Master the English language to the highest level of fluency, in both the written and spoken forms. I would not try to "market time" world history. Lucio +1. This alone would set you above 99% of your peers. If there was one language other than your na...
by halfnine
Sun Jan 30, 2011 10:33 pm
Forum: Personal Consumer Issues
Topic: How important do you think it would be to learn Chinese now
Replies: 69
Views: 10220

First priority - multiple passports. Second priority - mandarin/spanish. After that it's up to them.
by halfnine
Sun Jan 30, 2011 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's your biggest risk
Replies: 28
Views: 3926

What's your biggest risk

What's the biggest risk you individually face in making your money last your lifetime? And what steps did you / are you taking to mitigate it? Or for those who are old enough and wealthy enough for it not to matter, in retrospect what is the biggest risk you really should have planned for but were f...
by halfnine
Sat Jan 29, 2011 3:14 pm
Forum: Investing - Theory, News & General
Topic: Paying off Mortgage Early?
Replies: 37
Views: 6948

Provided you have an emergency fund, if you feel you can get a better return (after tax taken out) with your money invested than what you currently pay in interest (after tax deducted) on your mortgage then you invest the money. If you can't, you put the money each month into paying off your mortgage.
by halfnine
Thu Jan 27, 2011 11:44 pm
Forum: Investing - Theory, News & General
Topic: I always thought there was 100% inflation the last decade
Replies: 71
Views: 7561

Inflation, like everything else I am finding on this forum, is home biased :) Just because there is no inflation in goods and services relative to you doesn't mean the dollar itself has not been debased. If lets say the dollar does lose 50% of its value then ultimately your standard of living will b...
by halfnine
Mon Jan 24, 2011 11:21 pm
Forum: Personal Consumer Issues
Topic: Has anyone from the US moved to Australia?
Replies: 24
Views: 4776

I'll start off with the generic reply I tell everyone...there is no perfect country but there maybe a perfect country for you. My wife is an Australian. In addition to my past life in the USA, we have spent some time living there as well as in Japan and in the UK. Work weeks are basically 40 hours (...
by halfnine
Sun Jan 23, 2011 11:11 pm
Forum: Personal Consumer Issues
Topic: International travel for work
Replies: 55
Views: 5341

If asked for your religion, it's best not be agnostic or atheist and to choose something else. In many places around the world people have little animosity towards other religious beliefs but can have much difficulty trusting, understanding or appreciating an individual without any. This advice wou...
by halfnine
Sun Jan 23, 2011 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those married: do you have separate accounts?
Replies: 90
Views: 11766

we have different nationalities and with it different country tax obligations and different country estate tax issues. As such our accounts are separate.
by halfnine
Sun Jan 23, 2011 10:56 am
Forum: Personal Consumer Issues
Topic: The Billionaire Renter
Replies: 59
Views: 8650

You should try southern England. Relative to after tax incomes, prices here probably beat NY City area-- or at least rival it. I am curious as to your thoughts of a weak GBP stablizing the London housing market via foreign investment. For a foreigner London looks a lot cheaper than it was and Londo...
by halfnine
Sat Jan 22, 2011 2:42 pm
Forum: Personal Consumer Issues
Topic: International travel for work
Replies: 55
Views: 5341

I'd recommend getting one of the "culture shock" type guidebooks relevant to the country you will be going to and reading it first. It will give you good guidelines to the relative do's and don'ts. Generally, though, as a foreigner you will be given some slack, so don't stress to hard. I highly reco...
by halfnine
Sat Jan 22, 2011 12:09 am
Forum: Personal Finance (Not Investing)
Topic: Am I overinvesting (into retirement accounts?)
Replies: 12
Views: 3032

to clarify, I am currently in the 28% tax bracket after appropriate deductions and am fairly young. If all goes well, I'll end up in a higher tax bracket (35% or if the economy goes the way it is, may be 50%+ which could be an issue with tax deferral now??)prior to retirement(about 30 yrs to go). A...
by halfnine
Fri Jan 21, 2011 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Costs in Retirement - Anyone plans for it?
Replies: 44
Views: 6767

Certainly difficult to answer with so many unknowns. Since I am from Country A, my wife from Country B, we now live in Country C, and also still have residency possibilities in Country D, we're essentially hoping that at least one of the countries will be able to provide us viable healthcare at reas...
by halfnine
Thu Jan 20, 2011 9:01 pm
Forum: Investing - Theory, News & General
Topic: on global bonds-- from another thread
Replies: 39
Views: 2991

Re: on global bonds-- from another thread

risk = risk of not meeting future liabilities/ sustaining standard of living to desired level I think you need to add "relative to your neighbors" to the end of that statement. Certainly if you live in the USA, largely base your assets in USD, and the USD heads downward your standard of living rela...
by halfnine
Thu Jan 20, 2011 10:35 am
Forum: Investing - Theory, News & General
Topic: on global bonds-- from another thread
Replies: 39
Views: 2991

Re: on global bonds-- from another thread

risk = risk of not meeting future liabilities/ sustaining standard of living to desired level I think you need to add "relative to your neighbors" to the end of that statement. Certainly if you live in the USA, largely base your assets in USD, and the USD heads downward your standard of living rela...