Video: My Interview on Fintech Innovation, AI, and Robo-Advisors

Posted Leave a commentPosted in News

Interview with Jose Allan Tan of Enterprise Innovation on Fintech, AI, and Robo-Advisors

Cambridge university, one of 415 on fafsa.ed.gov's 2018-19 list of 529 plans list of foreign universities

List of Foreign Universities on the US DoE list, for 529 Plans

Posted Leave a commentPosted in Education, Investing, Personal finance

529 plans are one of the best US tax-advantaged vehicles for college savings.  While 529 plans are sponsored by a US state, you do not need to be resident in a state to participate in that state’s 529 plans, nor will investing in a state’s 529 plan limit you to that state’s schools.    In […]

We recommend the Utah 529 plan as one of the best 529 college savings plans for US taxpayers living overseas

Why I recommend Utah as the best 529 plan for US taxpayers living overseas

Posted 1 CommentPosted in Education, Investing, Personal finance

529 plans are a US tax shelter providing 100% tax-free treatment of investment gains if used for qualifying educational expenses.  529 plans are set up by a state, but no matter where you live, you can invest in the 529 plan of any state, and use 529 funds to pay for out-of-state (and even some […]

Dow vs S&P 500 total return, 1950-2018

How to Beat the Market, Factor 3b: Avoid the Biggest Companies, Remember Dow vs S&P

Posted Leave a commentPosted in Investing

“Buy a low cost, passive index fund, and hold it for the long term” is probably one of the most mainstream pieces of investment advice circulating over the past 40 years.  While I agree this is a better solution for most busy investors than the high overhead, high fee, and high turnover investment products that […]

US Large Growth vs Small Cap Value, 1980-2018, by Russell Indexes

How to Beat the Market, Factor 3: Buy Small Cap Value, Not the Big “Glamour” Stocks

Posted Leave a commentPosted in Investing

For the third factor in this series, I wanted to highlight two of the most “classical” factors for classifying and selecting stocks: size (large vs small) and cheapness (growth vs value).  These factors were perhaps most famously identified by academics Eugene Fama and Kenneth French, and popularised in the 3×3 grid used by Morningstar to […]

S&P 500 Buyback Yield Achievers beat the market

How to Beat the Market, Factor 2: Buyback Yield and Total Shareholder Return

Posted Leave a commentPosted in Investing

Buyback yield is one of the top factors I look for in stocks of companies I buy.  Buyback yield can be thought of one of at least four components of total shareholder return, the others being book value growth, debt reduction / deleveraging yield (familiar to anyone who has paid down principal on a mortgage), […]

NFO and Nasdaq Insider Sentiment Index beat the S&P 500

How to Beat the Market, Factor 1: Following Insider Buying

Posted Leave a commentPosted in Investing

It goes without saying that listed company insiders know more about what is going on within a company and what its near-term earnings results are likely to be than even most professional outside analysts, which is why insider trading is heavily regulated in many jurisdictions.  Most regulations don’t outright forbid insiders from trading their company’s […]

IRS Form 8621 for PFICs (Foreign Mutual Funds)

PFIC: How Non-US Mutual Funds are a 4-letter word to Americans Overseas

Posted 1 CommentPosted in Investing

Many Americans living outside the US have visited their local bank to be told that they are not allowed to purchase investment products outside the US, often without being told any more details as to why not.  While Americans can and should directly own investments outside the US (I personally own and buy for US […]

Hong Kong Small Caps broadly underperform the Hang Seng Index, 2000-2018

In Hong Kong, Small Caps Broadly Underperformed Large Caps 2000-2018

Posted Leave a commentPosted in Investing

Hong Kong small caps are of particular interest to me because I live and work in Hong Kong as a professional investor of retirement portfolios, and am always looking to put together higher quality and better valued portfolios than those available from broad market cap weighted index funds and ETFs.  A “small cap” company is […]