When comparing travel insurance in Hong Kong, especially HSBC vs Aimviva, I have found Aimviva to be a better deal

Comparing Travel Insurance: HSBC vs Aimviva Travel Club

Posted Leave a commentPosted in Personal finance, Travel

Those who know me know I enjoy shopping for insurance far more than most people, so it should be no surprise I have often spent some time comparing travel insurance options before each of my many trips over the past several years.  Over the years, I have bought travel insurance from American Express, HSBC, Manulife, […]

MPF vs ORSO

MPF vs ORSO: How to Decide, How Much to Put In

Posted Leave a commentPosted in Personal finance

When starting a new job in Hong Kong, some employers offer new employees the choice of MPF vs ORSO for retirement savings.  Many employers only offer MPF, and while I earlier posted some data on some of the best MPF plans in Hong Kong in lowering fees below 1% (still many times higher than many […]

How to invest a bonus

How to invest a bonus

Posted Leave a commentPosted in Investing, Personal finance

In January and February many firms, especially banks, give out annual bonuses to employees, which in some cases make up a large percentage of the employee’s annual earnings.  After years like 2017, when the economy and global stock markets have done exceptionally well, I am naturally asked, more than in most years, about how to […]

IRA Contribution Limits 2018

IRA Contribution Limits 2018 – SEP raised to $55,000

Posted Leave a commentPosted in Personal finance

IRA contribution limits have remained mostly the same from 2017 to 2018, with traditional and Roth IRA contributions limited to US$5,500/year for US taxpayers under 50, and US$6,500/year for those 50 and older.  To make a Roth IRA contribution, your adjusted gross income (AGI) needs to be below US$120,000 for single taxpayers with an AGI […]

G for got it - what I hope a 10 year old child will say after buying their 10 first stocks

10 first stocks to buy a 10-year old to start investing early

Posted Leave a commentPosted in Education, Investing, Personal finance

My latest article describes how to choose the 10 first stocks to buy a 10-year old, and why I think it’s important to start kids investing in individual companies rather than mutual funds from an early age. As I disclose: I bought Coca-cola for my older child and PepsiCo for my younger child because they […]

The Best 529 Plans for Expats can fund four or more years at America's finest universities, including UC Berkeley

Best 529 Plans for Expats in Hong Kong

Posted Leave a commentPosted in Education, Personal finance

529 plans are one of the most tax-efficient ways for US taxpayers to save and invest for college and other higher education fees.  The best 529 plans for expats overlap with the best 529 plans US residents are likely to choose, with the exception of residents of US states with high state and local income […]

Vintage ad for a convertible car: more romantic than considering Roth conversions as an expat?

Roth conversions as an expat: if, when and how much?

Posted Leave a commentPosted in Personal finance

Considering Roth conversions as an expat is similar to considering if, when, and how much to do one when living in the US. A Roth conversion turns a traditional IRA (on which you may have already gotten a tax deduction, but will need to pay tax when you withdraw at retirement) into a Roth IRA […]

Whole life vs term life insurance: the "Buy Term Invest the Difference" calculation

Whole life vs term life insurance: the “Buy Term Invest the Difference” calculation

Posted 1 CommentPosted in Personal finance

Deciding between whole life vs term life insurance should rationally be driven by the numbers, especially the “buy term invest the difference” calculation below to illustrate the difference between the two types of life insurance.  As much as insurance companies advertise a warm image of caring families, and while a good life insurance agent naturally […]

401k rollover to an IRA investment account

How to do a 401k rollover to an IRA as an expat

Posted Leave a commentPosted in Personal finance

After changing jobs, or even getting posted on an expat assignment by the same company, employees generally have the freedom to do a 401k rollover of their retirement savings account to an IRA account at their choice of brokerage firm or mutual fund company.  Doing a 401k rollover to an IRA, and consolidating all your […]

Tariq Dennison and Peter Lewis on RTHK Money Talk Xtra

Investment Suitability for the Elderly, Sat Nov 25 8:30 on RTHK Radio 3

Posted Leave a commentPosted in News, Personal finance

On tomorrow’s episode of “Money Talk Xtra” with Peter Lewis, Tariq Dennison will answer questions on how to evaluate the suitability of different investment products and strategies for elderly investors. The show will air Saturday, November 25th at 8:30am on RTHK radio 3. Retirees often focus on reducing risk, but sometimes to the point of […]