FSMOne web platform

[sibeiTrolled]

If plan to ownself liquidate everything to get cash or put in bonds then estate tax doesn't matter right? So are there any significant savings of CSPX vs VOO? CSPX 15% WHT on dividends vs VOO's 30 %. but VOO lower fees.

I will be upfront.
I am on the LSE boat cause i am lazy to create my own "FTSE All-World" ETF or readjust myself.

If we ignore the estate tax, then there's only dividend WHT. If you head over to boglehead subpage where there is a section for non US citizens, they provide a long explanation about this WHT

And let's be honest, not a lot of people are going to try to math it themself or even try to read the page cause it's long.
Anyone who tried to be helpful and math it out for you will only get shut down by other people citing those faults that are "overlooked".

Either way, just pick a side and be in the market.

And lets keep it on the topic of FSMOne

 

[yslvlys]

That works if u can predict your death.

You mean need to know when will die accurately in order to liquidate portfolio to bonds/cash/bills as one gets older?

 

[reddevil0728]

You mean need to die in order to liquidate portfolio to bonds/cash/bills as one gets older?

???

did you discount the fact that you can die abruptly?

 

[yslvlys]

I will be upfront.
I am on the LSE boat cause i am lazy to create my own "FTSE All-World" ETF or readjust myself.

If we ignore the estate tax, then there's only dividend WHT. If you head over to boglehead subpage where there is a section for non US citizens, they provide a long explanation about this WHT

And let's be honest, not a lot of people are going to try to math it themself or even try to read the page cause it's long.
Anyone who tried to be helpful and math it out for you will only get shut down by other people citing those faults that are "overlooked".

Either way, just pick a side and be in the market.

And lets keep it on the topic of FSMOne

Yeah not asking anyone to pick a side. The topic was raised by someone else who seem to insist on LSE, so just adding on some queries. This is relevant to FSMOne as the brokerage fee is diff for LSE if need to sell.

 

[yslvlys]

???

did you discount the fact that you can die abruptly?

OK so your argument is buy LSE version in case die abrubtly. OK got it .

 

[reddevil0728]

OK so your argument is buy LSE version in case die abrubtly. OK got it .

I think you might want to re-read what I have wrote. Not sure how u gathered I am suggesting that other than just pointing out considerations for people to consider.

note the estate tax though (yes u can by left, but default should look at by right)

factually there's estate tax if is US domiciled. I am aware of the BY LEFT way

i know got by left la. but the quiet part shouldn't be said out loud

it's a IYKYK kind of situation

but like i have pointed out here, this 1 is best left unsaid.

If plan to ownself liquidate everything to get cash or put in bonds then estate tax doesn't matter right? So are there any significant savings of CSPX vs VOO? CSPX 15% WHT on dividends vs VOO's 30 %. but VOO lower fees.

here you are saying if your plan is to "liquidate everything to get cash or put in bonds then estate tax doesn't matter right"....

That works if u can predict your death.

my reply is, saying that yes your plan is sensible n works PROVIDED you can predict when you die.

???

did you discount the fact that you can die abruptly?

because you CAN die ANYTIME. like the very moment you see this post, you might die...

---

I am not suggesting buy Irish domiciled version just because of such likelihoods.

I am simply just pointing out there is a possibility. Probability is another matter.

 

[DevilPlate]

OK so your argument is buy LSE version in case die abrubtly. OK got it .

Not uncommon….heart attack for eg.

So if got dependents, js accumulate LSE equities for peace of mind especially for big amt.
100k or less, doesnt matter lah whahaha

 

[reddevil0728]

Not uncommon….heart attack for eg.

So if got dependents, js accumulate LSE equities for peace of mind especially for big amt.
100k or less, doesnt matter lah whahaha

i think the allowance is USD 60k

 

[yslvlys]

I think you might want to re-read what I have wrote. Not sure how u gathered I am suggesting that other than just pointing out considerations for people to consider.

factually there's estate tax if is US domiciled. I am aware of the BY LEFT way

but like i have pointed out here, this 1 is best left unsaid.

here you are saying if your plan is to "liquidate everything to get cash or put in bonds then estate tax doesn't matter right"....

my reply is, saying that yes your plan is sensible n works PROVIDED you can predict when you die.

because you CAN die ANYTIME. like the very moment you see this post, you might die...

---

I am not suggesting buy Irish domiciled version just because of such likelihoods.

I am simply just pointing out there is a possibility. Probability is another matter.

Similarly I am also pointing out considerations for others to consider. So your point here is indeed that if one is afraid of dying abrubtly shd choose LSE version ceteris paribus. I don't think I'm wrong in my clarification. So I'm saying if one doesn't care about such unpredictable and arguably rare scenarios, it may not be compelling to chose LSE version.

 

[reddevil0728]

Similarly I am also pointing out considerations for others to consider. So your point here is indeed that if one is afraid of dying abrubtly shd choose LSE version ceteris paribus. I don't think I'm wrong in my clarification. So I'm saying if one doesn't care about such unpredictable and arguably rare scenarios, it may not be compelling to chose LSE version.

not really? you are missing the nuance. I am not suggesting... "If one is afraid of dying abruptly... one should choose Irish Domiciled version" (note is Irish domiciled, the listing can be anywhere)...

I am just pointing out facts, and is up to an individual to decide.

because one can still choose to go for US domiciled version even if they are afraid of dying abruptly.

 

[yslvlys]

not really? you are missing the nuance. I am not suggesting... "If one is afraid of dying abruptly... one should choose Irish Domiciled version" (note is Irish domiciled, the listing can be anywhere)...

I am just pointing out facts, and is up to an individual to decide.

because one can still choose to go for US domiciled version even if they are afraid of dying abruptly.

Not sure what the nuance is and how you want me to phrase it, your point is indeed if one is concern about abruptly dying, then should choose the LSE/Irish domiciled (the discussion was on VOO and CSPX which trades in LSE) or or more advantageous to choose CSPX due to estate tax concern (in response to my point if one already plans to liquidate) . You are pointing out an advantage in your view, so it is implied u are advocating choosing one over the other, ceteris paribus.

 

[reddevil0728]

Not sure what the nuance is and how you want me to phrase it, your point is indeed if one is concern about abruptly dying, then should choose the LSE/Irish domiciled

The nuance is I am not suggesting if A (i.e., if you are concern about dying abruptly)... then B (go for the irish domiciled version)...

I am just stating that your plan works provided you can predict when you die.

(the discussion was on VOO and CSPX which trades in LSE) or or more advantageous to choose CSPX due to estate tax concern (in response to my point if one already plans to liquidate).

again doesn't matter where it is traded. what matters is where the fund is domiciled. You can purchase the Swiss, amsterdam, etc traded version of CSPX, it doesn't matter.

You are pointing out an advantage in your view, so it is implied u are advocating choosing one over the other, ceteris paribus.

no. i am just saying that your plan works provided you can predict when you die and act on your plan before you die.

 

[yslvlys]

The nuance is I am not suggesting if A (i.e., if you are concern about dying abruptly)... then B (go for the irish domiciled version)...

I am just stating that your plan works provided you can predict when you die.

again doesn't matter where it is traded. what matters is where the fund is domiciled. You can purchase the Swiss, amsterdam, etc traded version of CSPX, it doesn't matter.

no. i am just saying that your plan works provided you can predict when you die and act on your plan before you die.

Obviously one can't predict when he dies right? So what are you implying? U are indeed pointing out an advantage. When u point out an advantage (exemption from estate taxes if one dies abrubtly), u are advocating one option over another, ceteris paribus. Exactly, where it trades doesn't matter. The topic context I was talking about is CSPX in LSE offered by FSMOne discussed by Needtosleep and twosix.

Unless u are saying exemption from estate tax is just a neutral point and not an advantage. OK got it. It's neutral point.

 

[reddevil0728]

Obviously one can't predict when he dies right? So what are you implying? U are indeed pointing out an advantage. When u point out an advantage (exemption from estate taxes if one dies abrubtly), u are advocating one option over another, ceteris paribus. Exactly, where it trades doesn't matter. The topic context I was talking about is CSPX in LSE offered by FSMOne discussed by Needtosleep and twosix.

Unless u are saying exemption from estate tax is just a neutral point and not an advantage. OK got it. It's neutral point.

Maybe don't read too much into things?

You were asking here about your plan... n hence doesn't matter right.

I was simply just saying it works provided you can predict your death n act before you die.

how is that advocating for anything???

If plan to ownself liquidate everything to get cash or put in bonds then estate tax doesn't matter right? So are there any significant savings of CSPX vs VOO? CSPX 15% WHT on dividends vs VOO's 30 %. but VOO lower fees.

 

[yslvlys]

Maybe don't read too much into things?

You were asking here about your plan... n hence doesn't matter right.

I was simply just saying it works provided you can predict your death n act before you die.

how is that advocating for anything???

I'm really just reading on the surface here. I'm not asking about my plan. I am saying if one is gonna liquidate the counter anyway (obviously not talking about abrupt death scenario) , then estate tax advantage doesn't matter. Then I asked what are other advantages, WHT etc?

The u continue to harp on the advantage of estate tax exemption if one dies abrubtly, which is a very specific advantage and true.

U mean when u point out an advantage of an option, u are not advocating one option over another, ceteris paribus? So you are saying it's neutral to be exempted from estate tax, not a pro? OK whatever. Got it.

 

[reddevil0728]

I'm really just reading on the surface here. I'm not asking about my plan. I am saying if one is gonna liquidate the counter anyway, then estate tax advantage doesn't matter.

yes agreed. but because you didn't note the contingency of one must not die before executing the plan, hence I chimed in with the qualifier.

Then I asked what are other advantages, WHT etc?

The u continue to harp on the advantage of estate tax exemption if one dies abrubtly, which is a very specific advantage and true.

U mean when u point out an advantage of an option, u are not advocating one option over another? So you are saying it's neutral to be exempted from estate tax, not a pro? OK whatever. Got it.

"advantage" is your characterisation. not mine.

I was simply just trying to make sure the thought process is robust.

 

[yslvlys]

yes agreed. but because you didn't note the contingency of one must not die before executing the plan, hence I chimed in with the qualifier.

"advantage" is your characterisation. not mine.

I was simply just trying to make sure the thought process is robust.

Exactly so your point about estate tax exemption being relevant, even when one is gonna liquidate their counter anyway, is specific to scenario of abrupt death. And I clarified correctly.

You evaded the question, is exemption from estate tax an advantage to you? Advantage is not a characterisation. You are obviously talking about a positive point in your view (exemption from estate tax! Is this not something positive?)

Likewise, I am ensuring the thought process is robust as well, as the positive point you mentioned is of concern only in certain scenarios.

 

[reddevil0728]

Exactly so your point about estate tax exemption being relevant, even when one is gonna liquidate their counter anyway, is specific to scenario of abrupt death. And I clarified correctly.

You evaded the question, is exemption from estate tax an advantage to you? Advantage is not a characterisation. You are obviously talking about a positive point in your view (exemption from estate tax! Is this not something positive?)

I mean if you want to continue to insist that's my characterisation, I am not going to fight you on that. But unfortunately, it isn't mine.

I am simply just suggesting a qualifier to your question/statement.

 

[yslvlys]

I mean if you want to continue to insist that's my characterisation, I am not going to fight you on that. But unfortunately, it isn't mine.

I am simply just suggesting a qualifier to your question/statement.

Well if it is not an advantage or positive point, I am asking your view, is your point you are trying to make, positive, negative or neutral? Simple question.

Well if you are gonna evade the question, I can only say you were trying to point out something advantageous or positive when u suggest exemption from estate taxes.

Likewise, I am also suggesting a qualifier to your estate tax point.

 

[reddevil0728]

Well if it is not an advantage or positive point, I am asking your view, is your point you are trying to make, positive, negative or neutral? Simple question.

The point I’m making is a qualifier, it isn’t about my view. Hence I’m not expressing anything for or against.

Well if you are gonna evade the question, I can only say you were trying to point out something advantageous or positive when u suggest exemption from estate taxes.

It’s not evading the question. I wasn’t even expressing a view to begin with, so I have no question to answer to.

Likewise, I am also suggesting a qualifier to your estate tax point.

Sorry what’s your qualifier? I might have missed it.