I'm generally not fond of the "robos." I don't think they add enough value. Just let the total end-to-end expenses guide you as a first cut. If doing something sensible via a particular "robo" makes sense in terms of costs, OK, fair enough.Hi BBCW / all, I'm a local who plans to retire in Singapore
What is your opinion on allocating SRS in robos like Dimensional Core/World rather than ES3 / G3B?
Thanks!I'm generally not fond of the "robos." I don't think they add enough value. Just let the total end-to-end expenses guide you as a first cut. If doing something sensible via a particular "robo" makes sense in terms of costs, OK, fair enough.
Going down still. Probably good to stock up on VWRA a bit for now?The U.S. S&P 500 index is into correction territory now (a decline of more than 10% from its prior peak), in U.S. dollar terms. For those of you U.S. market timers who like to make such bets, there you go, there's a substantial discount now.
No, I don't recommend trying to time the markets. But IF you're going to try, buying low and selling high is better than the opposite.
No, you're (probably) doing well! That might be an actual problem if you're trying to buy bread today. You're not. This is long-term stuff (I hope you realize).DCA folks not doing that well either eh. I am consistently buying at a lower price, and had my entire 2021 PNL wiped out already.
Maybe! But gainz are in the unknown future but pain is now. And also what if ISAC closed at $60 or $50 30 years later? You can't DCA a loser into a winnerNo, you're (probably) doing well! That might be an actual problem if you're trying to buy bread today. You're not. This is long-term stuff (I hope you realize).
What pain? The pain of lower prices for stuff you're buying?Maybe! But gainz are in the unknown future but pain is now.
Actually you can, or at least if something moves sidewise you can. Go on, try the math. Assume something bounces around in price but generally moves sideways. What you'll find is that dollar cost averaging can eke out a positive return even in such circumstances. Assume for example the price is either $50 or $60 per share each month, 50%-50% (flip a coin), and for the next 30 years. Then see what happens when you DCA into that sort of asset -- $6,000 per month, let's assume. When the price is $60 you'll buy 100 shares, and when the price is $50 you'll buy 120 shares. So what do you end up with after 30 years (360 months)?And also what if ISAC closed at $60 or $50 30 years later? You can't DCA a loser into a winner
Per current news reports Russia is fully invading the sovereign, independent nation of Ukraine. Based on Russian government statements it seems the plan is to topple the democratically elected government and install a puppet regime — the sort of regime Ukrainians have repeatedly rejected.
I'm not a fan of helping any military or political cause, but I found a Google Doc that has been making the rounds:If you're wondering what I'm doing, the answer is nothing different except that I'm looking for effective, high quality charities that can help Ukraine and her people. Suggestions welcome.
I'm a fan of humanitarian causes, and there are urgent human relief needs in and around Ukraine. Thanks for the info; I'll check it out.I'm not a fan of helping any military or political cause, but I found a Google Doc that has been making the rounds:
https://docs.google.com/document/d/1agAW4CQEdi5cDCSa8l8C5ez6Yflz5zaVIzMEgehqwq0
You may wish to do your own due diligence before donating.
I assume you're a non-U.S. person. If you see any underpayment of tax then yes, you need to fix that promptly with the relevant tax agency. Getting the tax right is your responsibility as the account holder, even if/when the broker makes a mistake. But it's not clear to me from your narrative that you underpaid tax.I have an IBKR international account which is subjected to withholding for dividends and not required to file income tax for capital gain.
Last year I bought a mall REIT - MAC and was given a quarterly distribution. A 30% withholding was applied every quarter on the entire distribution which is expected. However, January this year MAC announced the tax treatment for the dividend distribution last year year. The distribution is treated as such -- Taxable Ordinary Dividends (30% withhold), Total Capital Gain Distribution (0% withhold) and Nondividend Distribution (0% withhold). Due to the classification of the distribution, i received a refund for the 2nd and 3rd component.
The question i have is that do i need to file a tax return to IRS for those distribution that weren't subjected to withholding? It seems like IBKR would have taken care of this by doing all the withholding upfront and maybe it did.