Early Retirement Extreme Forums

February Update We are settling in great in HK. We absolutely love the area where we decided to live and, so far, we've only experienced the best weather of the year. So life has been good. The kid is growing nicely, we can tell he really wants to walk soon. Some of the kids his age already do walk...

Accumulating ETFs are more tax efficient, becase for reasons unknown the accumulated dividend is not taxed immediately. The reinvested amounts will count as an acqusition with zero cost base. So basically you're deferring taxes and gaining a bit with the compounding. So let's say You buy 100 worth o...

I'm starting to look into PFE, any very good reason why I should not?

Agreed with wolf, but most times the tickers are easily understandable, I’ve never experienced anything dramatically different like in the examples above. For example Vanguard Europe stock index fund ticker is VEUR.AS for the amasterdam one VEUR.L for London Etc. But yes the ISIN is the way to go if...

jacob wrote: ↑

Sat Feb 20, 2021 9:01 am

https://www.amazon.com/Mastering-Market ... 328479250/ is the closest description that I have found to how I invest. It fits how I otherwise think about the world.

That’s a great book

I was 0% talking about politics in my points. The fact that some perfectly normal people feel threatened by the fact that law enforcement is going after bare chested Jamiroquai and his friends for invading the capitol and killing a cop seems a bit weird to me. Time to move on for me. In the end it’s...

I may sound overly concerned/angry at this but I’m not. The bottom line is that Jacob has allowed this, so that’s the rule and that’s what’s ok on this board. He obviously dictates what’s acceptable and what’s not here. As he pointed out repeatedly, actions have first, second and third order ramific...

@zero before I get into the point by point, I still would like to know what the reason is for nuking ALL posts. I haven't heard a valid argument. You want to eliminate the picture of your house, or that reference to where you live, your employer etc? Cool I understand that. But why delete the reply ...

I’ve already said what my position on this topic is, but I’d just like to add that nuking ALL your posts is incredibly egoistic. I remain amazed at how within a group of people who should value fairness, hard work and paying it forward, so many act as free riders, taking the good then leaving by bur...

I’m currently in Hong Kong but would be able to help with suggestions for some areas of Tuscany and if you got around the city of Como.
Ping me if needed

@Bankai
I’ve never understood the “X% of revenues are generated abroad” argument.
South Korea probably has an even higher share. Would you be fine investing 100% in South Korean companies?

Too little geographical diversification.

To me, there’s value in not having debt.
No debt means more resiliency and more options to do whatever you want along the road.
Also, being only 1/4 of your NW, I think it would work as a good diversificator (does that word exist? Probably not).

The question is flattering but no I’m not a native speaker. Should you hear me talk you wouldn’t have asked the question, I have a fairly thick Italian accent, think super Mario voice :) Learning English happened so long ago that I can’t tell you if it’s hard or not. Honestly, it’s one if those thin...

@chenda 19th century but yes you’re correct. Latin languages all originate from, well, latin, that was (to keep it simple) the language of Ancient Rome. So in some sort it way “Italian”, if you consider it as the purest origination of Latin, exists since much longer. Since Rome conquered most of tod...

@realperson because the Caribbean is awesome and it’s a good way to live there. Realistically, if I go that route the easiest for me being Italian is Panama. Based off of the $140k in assets to be granted a 5 year resident permit I should qualify for Mexico as well. I have to look how is taxation in...

This sounds tempting. Potential issue could be the language - there seem to be differences between north and south of Italy - when we were in Naples, my wife who was fluent in Italian couldn't understand locals while having no issues in the north. Can you elaborate what's included in 'super comfort...

I’m keeping en eye on the Caribbean in case they start do discount their citizenship fees.

@bankai
In southern Italy you can live super comfortably in any city except Rome for 1500€/month for a couple.

So you were basically day trading?

I could never do that but you seem to have done pretty well.
If you start looking at “what could have been” you’ll always kick yourself one way or the other.