Search found 473 matches

by The Old Man
Tue Sep 21, 2021 2:27 pm
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 938
Views: 191768

Re: Fox's Journey: And Onto the Sunlight!

RE Army Corps of Engineers: Served with them as a government civilian in Afghanistan and Iraq. Thought it was a reasonable outfit. The jobs are overwhelming done by government civilians. You are principally managing contractors. Frankly, you could extend your scope to the government in general (i.e....
by The Old Man
Thu Sep 16, 2021 10:25 am
Forum: Money Questions
Topic: Transfer from Betterment to Vanguard
Replies: 21
Views: 913

Re: Transfer from Betterment to Vanguard

Finance is a heavily regulated industry. The firms will develop a compliance plan appropriate to their risk profile which is then approved by the regulators. In audits, they demonstrate to the government that they are following their plan. For a particular firm if you are not their typical customer,...
by The Old Man
Thu Sep 16, 2021 9:43 am
Forum: Money Questions
Topic: Transfer from Betterment to Vanguard
Replies: 21
Views: 913

Re: Transfer from Betterment to Vanguard

Of the global firms it would appear that Charles Schwab is most supportive of USA expats. Vanguard funds are available at Charles Schwab. Vanguard, while it operates globally, seems to be focused more on foreign residents rather than USA expats. Again, be mindful of the tax consequences of what you ...
by The Old Man
Thu Sep 16, 2021 9:11 am
Forum: Money Questions
Topic: Transfer from Betterment to Vanguard
Replies: 21
Views: 913

Re: Transfer from Betterment to Vanguard

Vanguard is very USA centric and will not want you as a customer once you move out. Vanguard is a global firm. https://global.vanguard.com/portal/site/home Example: Vanguard UK https://www.vanguardinvestor.co.uk/home However, it is not a simple matter. Finance is a very heavily regulated industry. ...
by The Old Man
Thu Sep 16, 2021 8:44 am
Forum: Money Questions
Topic: Transfer from Betterment to Vanguard
Replies: 21
Views: 913

Re: Transfer from Betterment to Vanguard

@frugalchicos: ERE is not a finance site and you are asking a very specific question with significant ramifications. I would suggest the Bogleheads site. They have a wealth of knowledge about finance and are international in scope. The question you are asking has been asked before in their forums.
by The Old Man
Thu Sep 16, 2021 8:40 am
Forum: Money Questions
Topic: Transfer from Betterment to Vanguard
Replies: 21
Views: 913

Re: Transfer from Betterment to Vanguard

@anesde: Fidelity is very aggressive about not supporting non-resident Americans. They will close your account if they find you are no longer resident in the USA. You are flying under the radar. I cannot recommend them. Charles Schwab has an international division which can be availed of by non-resi...
by The Old Man
Mon Sep 13, 2021 9:46 pm
Forum: Money Questions
Topic: Transfer from Betterment to Vanguard
Replies: 21
Views: 913

Re: Transfer from Betterment to Vanguard

Betterment: Are these proprietary investments or your standard mutual funds, stocks, & bonds? If it is proprietary, then it would need to be converted to cash before it could be transferred to Vanguard. Vanguard & living outside of the country: You will need to have a USA mailing address. If...
by The Old Man
Wed Sep 08, 2021 11:38 pm
Forum: Emergent Renaissance Ecology
Topic: Resolving the Meta-Crisis With Emergent Movements and Post-Consumerist Praxis
Replies: 48
Views: 3022

Re: Resolving the Meta-Crisis With Emergent Movements and Post-Consumerist Praxis

Lets compare Tiny Houses to van[-living] conversions. As such I'd predict that TH popularity will not sustained, whereas van conversions will. While I agree, I think it would be best to analyze WHY. Why are not all four boxes checked? I would say it is due to regulatory requirements. Indeed, how ex...
by The Old Man
Thu Aug 19, 2021 4:21 pm
Forum: Money Questions
Topic: Is 4% dead?
Replies: 105
Views: 6484

Re: Is 4% dead?

Lets understand that there is difference between a "Plan" and an "Analysis". A savings rate large enough to yield runaway-mode is not an analysis, but closer to a plan to avoid the problems of relying on the 4% rule. The 4% Rule is an analysis of the expected returns of a USA sto...
by The Old Man
Sun Aug 01, 2021 2:44 pm
Forum: Money Questions
Topic: Is 4% dead?
Replies: 105
Views: 6484

Re: Is 4% dead?

USA real GDP 1900-1949 was 3.3% annual growth USA real GDP 1950-1999 was 3.6% annual growth USA real GDP 2000-2020 was 1.8% annual growth The 4% Rule was based on the historical performance of a USA stock/bond portfolio when the USA economy grew at an annual rate of 3+% real. For the last two decade...
by The Old Man
Sat Jun 05, 2021 8:14 pm
Forum: Politics, and other eternal disagreements
Topic: UAPs .. This changes everything?
Replies: 23
Views: 3337

Re: UAPs .. This changes everything?

https://youtu.be/iwp_FedbaAI

US Navy "UFO Patents"

It is likely the UAP is representative of the right-hand not knowing what the left-hand is doing.
by The Old Man
Sat May 15, 2021 8:03 pm
Forum: Money Questions
Topic: Gold
Replies: 11
Views: 1569

Re: Gold

I've never been a fan of gold, maybe due to my dislike for all things shiny. However, few FIRE bloggers made some good arguments for having a small allocation to gold with the purpose of living off it during bear markets due to its negative correlation with equities. What exactly are you trying to ...
by The Old Man
Sun Apr 11, 2021 4:36 pm
Forum: Lifestyle Questions
Topic: Systems!- Level 6 towards 7
Replies: 261
Views: 23089

Re: Systems!- Level 6 towards 7

I work better with examples. So, below is one such. An Illustrative Example: Is this WL 4, 5 or 6? To eliminate car dependency, relocate to a location that is amenable to public transit, bicycling, etc. The availability of online grocery shopping further expands the location choices. Uber for the ex...
by The Old Man
Sat Mar 27, 2021 10:02 am
Forum: Lifestyle Questions
Topic: The ERE Wheaton Scale
Replies: 468
Views: 110559

Re: The ERE Wheaton Scale

Interesting table. Some questions perhaps. WL-5 Focus: “Pareto optimized expenses for maximum life enjoyment.” Is this another way of saying Minimalism ? WL-6 to 10: I have a hard time understanding the focus descriptions. Perhaps some examples would be helpful. Queen of England: Where would she fal...
by The Old Man
Sat Feb 27, 2021 8:14 pm
Forum: Lifestyle Questions
Topic: Obtaining a Second Passport
Replies: 153
Views: 37712

Re: Obtaining a Second Passport

Sure, but in practice, they're the same, no? Never one without the other? The point being you can run into problems by having a citizenship (and required responsibilities/liabilities) that you didn't even know you had - passport not required. See accidental Americans. Stateless people can have trav...
by The Old Man
Sat Feb 27, 2021 3:48 pm
Forum: Lifestyle Questions
Topic: Obtaining a Second Passport
Replies: 153
Views: 37712

Re: Obtaining a Second Passport

I would be interested to hear of situations where people actually regretted having multiple passports. Don't confuse a passport with citizenship. A passport is merely a document for facilitating international travel. There are issues with multiple citizenships. A problem is the "accidental&quo...
by The Old Man
Fri Jan 29, 2021 3:38 pm
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2238

Re: 39 & Looking to retire this year. Advice appreciated

Ps. My biggest worry (i think) is: - a big recession/ depression where 50-70% of my portfolio is wiped out. While I'm still withdrawing....and I'm too old/rusty to get back to the work force. Eyeballing it, your planned drawdown is less than 2%. Even with a 50% decline you would still have a drawdo...
by The Old Man
Fri Jan 29, 2021 3:08 pm
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2238

Re: 39 & Looking to retire this year. Advice appreciated

Barring government-imposed changes to the contrary, most medical insurance policies have annual out-of-pocket maximums. You have to consider "surprise" billing. As an example consider that you are unconscious and in need of treatment. A doctor is found and treatment is done. Unfortunately...
by The Old Man
Fri Jan 29, 2021 2:44 pm
Forum: Money Questions
Topic: Investments Trade Log
Replies: 2632
Views: 547226

Re: Investments Trade Log

https://www.depositaccounts.com/blog/federal-funds-rate-hike/ Don't fight the Fed. Looks like a super easy monetary policy will be with us for some time to come. Bubble economics are here to stay. The Fed will eventually want to unwind its positions, but at the same time it also doesn't want to dis...
by The Old Man
Tue Jan 26, 2021 12:00 pm
Forum: ERE Journals
Topic: 39 & Looking to retire this year. Advice appreciated
Replies: 39
Views: 2238

Re: 39 & Looking to retire this year. Advice appreciated

Second the recommendation for a financial advisor. Go with a fee only advisor. A standard advisor will only want to sell you things or get you into their proprietary actively managed funds. Choose an advisor that specializes in early retirement. Your major challenge will be accessing your retirement...