Hello everyone, I'm completely new to this stuff and have been doing a lot of reading trying to educate myself recently. Stumbled upon this lovely community and after using the Boglebot, I was directed to this forum. So first, here's some info:
Country of residence: Bahrain
International lifestyle: My current job may see me moving to another country for 4+ years at some point, not sure when exactly. Am also considering a career shift which may see me moving abroad, also enjoy the idea of retiring in another country.
Age: Late 20s
Desired asset allocation: 80% stocks / 20% bonds
Whether or not you plan to hold a significant amount of your home country's stocks (a "home country bias"): I do not intend on doing so.
Currency: BHD (Currency is pegged to the USD, will be investing in USD.)
Broker: Interactive Brokers
Boglebot suggestions:
80% VWRD Vanguard FTSE All-World
20% AGGU iShares Core Global Aggregate Bond (USD Hedged)
Questions:
1. While initially doing my research, I stumbled upon the three fund portfolio, however now my understanding is that there is no Ireland-domiciled equivalent of the Vanguard Total International Stock ETF (VXUS), as such should I be doing something like the Boglebot suggestions above? If I am mistaken here, please do correct me.
2. I'd like to stick with Vanguard, call it my OCD, what would the equivalent for the bond ETF that Boglebot gave me?
3. I'm feeling a bit undecided as to whether I want to go with accumulating or distributing. I understand the benefit and convenience of accumulating, however, I really like dividends and would like to see the day when I am earning respectable amounts from my dividends. I also don't really like the idea of selling my ETFs in the future. Strongly welcome any advice in this regard.
4. Should I be worried about estate tax because I am using Interactive Brokers? I've found conflicting information on this subject, I read that if you own over $60,000 with them then it will incur estate tax, but have also read that this does not apply if you own Ireland-domiciled ETFs. If it is the former, what would you suggest I do in the long run? (Because I certainly plan on having more than $60,000 eventually.)
Country of residence: Bahrain
International lifestyle: My current job may see me moving to another country for 4+ years at some point, not sure when exactly. Am also considering a career shift which may see me moving abroad, also enjoy the idea of retiring in another country.
Age: Late 20s
Desired asset allocation: 80% stocks / 20% bonds
Whether or not you plan to hold a significant amount of your home country's stocks (a "home country bias"): I do not intend on doing so.
Currency: BHD (Currency is pegged to the USD, will be investing in USD.)
Broker: Interactive Brokers
Boglebot suggestions:
80% VWRD Vanguard FTSE All-World
20% AGGU iShares Core Global Aggregate Bond (USD Hedged)
Questions:
1. While initially doing my research, I stumbled upon the three fund portfolio, however now my understanding is that there is no Ireland-domiciled equivalent of the Vanguard Total International Stock ETF (VXUS), as such should I be doing something like the Boglebot suggestions above? If I am mistaken here, please do correct me.
2. I'd like to stick with Vanguard, call it my OCD, what would the equivalent for the bond ETF that Boglebot gave me?
3. I'm feeling a bit undecided as to whether I want to go with accumulating or distributing. I understand the benefit and convenience of accumulating, however, I really like dividends and would like to see the day when I am earning respectable amounts from my dividends. I also don't really like the idea of selling my ETFs in the future. Strongly welcome any advice in this regard.
4. Should I be worried about estate tax because I am using Interactive Brokers? I've found conflicting information on this subject, I read that if you own over $60,000 with them then it will incur estate tax, but have also read that this does not apply if you own Ireland-domiciled ETFs. If it is the former, what would you suggest I do in the long run? (Because I certainly plan on having more than $60,000 eventually.)
Statistics: Posted by King of Heroes — Wed Nov 27, 2024 4:20 am — Replies 0 — Views 27