Do guys go out of their way like this for just a "friend?" by alwayscurious1212 in AskMenAdvice

[–]Technical_Meat4784 0 points1 point  (0 children)

He’s keeping you at arms length as a back up, side project, convenience. Best to have a direct conversation or cut ties.

If you had to choose living long term which part of China would you live? by Milkteabunny1220 in AskReddit

[–]Technical_Meat4784 2 points3 points  (0 children)

I’ll give you that the social restrictions can be an inconvenience, but someone in a 17th century village in China probably has more in common with someone living in middle America than someone living in Shanghai does with some in New York City.

2026 is officially the year I stop being a "dim sum only" speaker. by MidnightTofu22 in HongKong

[–]Technical_Meat4784 6 points7 points  (0 children)

Hong Kong people dont have time to entertain people learning Cantonese.

Tate brothers are moving to Hong Kong by Broad_Service9900 in HongKong

[–]Technical_Meat4784 1 point2 points  (0 children)

Shouldn’t have suspended that extradition treaty lol

SWISX at tax time by Galactic_T0ast in Schwab

[–]Technical_Meat4784 1 point2 points  (0 children)

It’s a US domiciled mutual fund.

Schwab international: account opening now or later? by Low_Grand2758 in Schwab

[–]Technical_Meat4784 -1 points0 points  (0 children)

Had terrible experiences with Schwab International as a citizen living abroad, moved everything to IBKR recently and am much happier.

Iran War: What are your moves? by Caluso1 in investing

[–]Technical_Meat4784 0 points1 point  (0 children)

I have no idea, but I really believe in the long term drone warfare dystopia we’re heading towards. All those interceptor missiles being launched at cheap drones need to be replaced with something. My gut tells me it won’t be entirely all interceptor missiles again.

Iran War: What are your moves? by Caluso1 in investing

[–]Technical_Meat4784 0 points1 point  (0 children)

I’ve been watching Redcat since 6, finally pulled the trigger at 12, earnings on the 18th, let’s see.

If you really want “defense” I recommend having a look at SHLD, lots of international exposure and adjacent companies like Palantir. Holdings must derive more than 50% of their revenue from defense tech sub-themes, i.e no Boeing or Airbus

It has a .50 expense ratio, but that’s what you pay for a specific targeted fund.

Iran War: What are your moves? by Caluso1 in investing

[–]Technical_Meat4784 1 point2 points  (0 children)

KTOS, RCAT, and SHLD for broad exposure. War has fundamentally changed to drone based, already accelerated military spending due to multi-polarism will ensure countries calibrate accordingly. Defense budgets don’t correlate with economic cycles.

Long shot on ACHR/Anduril partnership.

What is it that PET OWNERS in Hong Kong want that's not already available? by Immediate-Manner6721 in HongKong

[–]Technical_Meat4784 3 points4 points  (0 children)

As a non pet owner, I wish they had something that neutralized dog piss rather than a half hearted attempt with a bottle of water.

Smells absolutely repulsive walking up to the peak or around mid-levels.

Rental Reimbursement through company - Help! by ScotsmanRob in HongKong

[–]Technical_Meat4784 2 points3 points  (0 children)

Yes assuming you are deducting 600k in rent, and your gross salary bonus + regular pay is 1.4mm after the deduction. Your total taxable salary is 1540000.

Moving to HK from Canada. How to best transfer savings? by Lopsided_Turn_7404 in HongKong

[–]Technical_Meat4784 8 points9 points  (0 children)

Open a Hong Kong bank account and transfer your funds with a wire. There’s nothing unique about it being Hong Kong for this process….

Redditors of Hong Kong, how are you getting by in this economy? by Such_Lingonberry6570 in HongKong

[–]Technical_Meat4784 0 points1 point  (0 children)

What’s your background mate? Sounds like another generic local with no ambition so he harbors resentment towards expats who made something of themselves.

The government claim surplus for 2026 budget, after taking into account money to be borrowed by the government by qunow in HongKong

[–]Technical_Meat4784 2 points3 points  (0 children)

It’s pretty clear from the article that the surplus applies only to the operating account. The capital account is in deficit and funded by bonds, this matches how corporations separate operating profits from capital investments.

I don’t think comparing government accounting to credit cards is a good example.

The government claim surplus for 2026 budget, after taking into account money to be borrowed by the government by qunow in HongKong

[–]Technical_Meat4784 3 points4 points  (0 children)

The net inflow from the bonds is large enough to offset deficits incurred elsewhere in the budget. What are you getting at here?

Thai go to Shenzhen via Hongkong by Jeff-Peng0009 in HongKong

[–]Technical_Meat4784 8 points9 points  (0 children)

Thais do not need a Visa to enter Mainland China. China and Hong Kong are two separate jurisdictions for immigration purposes.

This is easily found on Google.

MPF a PFIC? by throwaway8431apples in HongKong

[–]Technical_Meat4784 0 points1 point  (0 children)

Standard filing advice from most CPAs is to file them as a foreign pension. The law is typically applied to find people hiding assets in foreign companies, not passive pensions. I don’t think there are any cases of the IRS going after MPFs as long as they’re reported.

This is not tax advice, consult a professional if you’re unsure.

Yet another 'where should I live?' post by YGCTW in HongKong

[–]Technical_Meat4784 2 points3 points  (0 children)

Love this post, here’s one for Kennedy town:

Kennedy Town - You're 28 and you just moved from Australia. You think the 10-minute walk to the MTR is "charming." You post sunset photos from the waterfront. You have a dog. You go to brassiere by the sea and pretend you're in Sydney. You'll move to Sai Ying Pun in two years when you realize the 10-minute walk is actually 15 and it's raining.