Search found 1040 matches

Return to advanced search

Re: Help with HSA in CA. Am I ready? How-to?

Any comments out there on how to report the taxable earnings (other than savings interest) from HSA for CA state tax returns? It looks like California Schedule D will need to be filled out if the HSA is invested in anything other than an interest bearing account. Most people do not normally file Ca...
by Electron
Sat Oct 25, 2014 3:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with HSA in CA. Am I ready? How-to?
Replies: 22
Views: 1522

Re: Help with HSA in CA. Am I ready? How-to?

As I understand, the whole benefit of having an HSA (esp. for CA residents) is to ensure tax-efficient fund placement for bonds, which in turn frees up space in other tax-advantaged accounts to hold equities given a particular AA. The primary benefit of an HSA is the tax deduction on contributions,...
by Electron
Fri Oct 24, 2014 12:32 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with HSA in CA. Am I ready? How-to?
Replies: 22
Views: 1522

Re: Help with HSA in CA. Am I ready? How-to?

But, does this savings account pay any interest that I will have to keep track of during filing of taxes? As mentioned, you will have to keep track of taxable interest, dividends, and capital gains paid by the HSA but only for your California tax return. The extra effort for the California return i...
by Electron
Thu Oct 23, 2014 3:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with HSA in CA. Am I ready? How-to?
Replies: 22
Views: 1522

Re: Help with My Father's Investments

Franklin Income fund is a very well managed fund and quite conservative. Morningstar rates it quite highly. The 50-50 stock bond allocation is not unreasonable for a retiree but the complete financial situation of the retiree needs to be reviewed in detail. http://quotes.morningstar.com/fund/f?t=FKI...
by Electron
Wed Oct 22, 2014 3:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with My Father's Investments
Replies: 8
Views: 794

Re: Help with HSA in CA. Am I ready? How-to?

I opened a Health Savings Account primarily for the up front tax deduction which is entered on Form 1040 Line 25. The account is at a local Credit Union with no fees of any type but the interest rate is quite low. That was not really a concern as I was only able to contribute to the account for thre...
by Electron
Wed Oct 22, 2014 2:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with HSA in CA. Am I ready? How-to?
Replies: 22
Views: 1522

Re: Limited Term Tax Exempt as a spot for short term savings

Risk is there but has not shown up for the party past few years. Municipal bonds have had a nice tailwind over the last several years. The 39.6% tax bracket returned in 2013 along with phaseout of itemized deductions. Add to that reduced issuance of new Municipal bonds. The net result was an increa...
by Electron
Tue Oct 21, 2014 2:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Limited Term Tax Exempt as a spot for short term savings?
Replies: 24
Views: 2377

Re: Limited Term Tax Exempt as a spot for short term savings

The SEC yield on Vanguard Short-Term Tax-Exempt is a little low at 0.28%, but note that the Distribution yield is 0.68%. In the case of the Admiral Shares the SEC yield is 0.36% with the Distribution yield at 0.76%. I think the Distribution yield is higher than the SEC yield on many bond funds today...
by Electron
Mon Oct 20, 2014 1:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Limited Term Tax Exempt as a spot for short term savings?
Replies: 24
Views: 2377

Re: How does one hedge against deflation?

One concern in a long period of deflation would be maintaining investment income. That is where the long term non-callable bonds come into play. In past years Vanguard newsletters would address the subject of income durability from bond funds. An interesting thing is that the income stream from bond...
by Electron
Sun Oct 19, 2014 5:37 pm
 
Forum: Investing - Theory, News & General
Topic: How does one hedge against deflation?
Replies: 52
Views: 3837

Re: How does one hedge against deflation?

Long term non-callable Government bonds do very well in periods of deflation.

Take a look at the holdings in the Yale University Lazy Portfolio.

http://www.marketwatch.com/lazyportfolio

The 15% position in Long Term Treasury bonds is their hedge against deflation.
by Electron
Sat Oct 18, 2014 5:15 pm
 
Forum: Investing - Theory, News & General
Topic: How does one hedge against deflation?
Replies: 52
Views: 3837

Re: Find a way to explain to me "WHY" should I break up w/ M

Why don't instead you post the one from the start of 2009, forget where you have been so far and focus on where it is going. Last few years show no overperformance and with the constant manager changes the distant past tells you nothing at all. Default assumption should be you trail the benchmark b...
by Electron
Thu Oct 16, 2014 5:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Find a way to explain to me "WHY" should I break up w/ MDISX
Replies: 23
Views: 1114

Re: Find a way to explain to me "WHY" should I break up w/ M

At Morningstar please chart VTWSX vs MDISX Chart at Morningstar from 15SEP1994 until present. VTWSX is a relatively new fund and did not exist in 1994. I think we need to find another global fund for the comparison. OAKGX is one possibility. Here is a comparison of MDISX (a global fund) to VTSMX (d...
by Electron
Thu Oct 16, 2014 1:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Find a way to explain to me "WHY" should I break up w/ MDISX
Replies: 23
Views: 1114

Re: Find a way to explain to me "WHY" should I break up w/ M

In 2009 portfolio managers Anne Gudefin and Charles Lahr left Mutual Series and joined PIMCO. That was a major loss and it also affected Mutual Quest MQIFX which I've held for many years. Mutual Global Discovery is now being managed by Peter Langerman and Philippe Brugere-Trelat. Morningstar says th...
by Electron
Wed Oct 15, 2014 11:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Find a way to explain to me "WHY" should I break up w/ MDISX
Replies: 23
Views: 1114

Re: Limited Term Tax Exempt as a spot for short term savings

With the stated time horizon of 18-24 months, the Limited Term fund is somewhat risky with a duration of 2.5 years or 30 months. The Short Term Tax Exempt fund has a duration of only 1 year and could be another alternative to consider. The Morningstar link that I posted above provides a lot of infor...
by Electron
Wed Oct 15, 2014 2:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Limited Term Tax Exempt as a spot for short term savings?
Replies: 24
Views: 2377

Re: Limited Term Tax Exempt as a spot for short term savings

Morningstar provides Growth, Price, and Rolling Return charts that are worth reviewing. http://quotes.morningstar.com/chart/fund/chart?t=VMLTX&region=usa&culture=en-US The fund can drop quite a bit if some event triggers significant redemptions from municipal bond funds. Note also that short...
by Electron
Tue Oct 14, 2014 11:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Limited Term Tax Exempt as a spot for short term savings?
Replies: 24
Views: 2377

Re: Need dispensation to pay ROTH conversion taxes from tIRA

Paying the conversion taxes from the TIRA is still acceptable if you can convert at the 15% tax rate and will be in a higher tax bracket in future years. I've analyzed Roth Conversions for both cases in a spreadsheet. When paying taxes from the TIRA, either IRA is essentially identical on an after-t...
by Electron
Tue Oct 14, 2014 6:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need dispensation to pay ROTH conversion taxes from tIRA
Replies: 25
Views: 791

Re: First RMD Divisor - 27.4 or 26.5

They get to wait a year, but their first RMD carries the lower divisor (higher RMD). This partially offsets the delay and prevents a full year impact. If you consider someone taking their first RMD on 12/31 of the required year, their age with any fraction can span a range of one year. Birthday Jan...
by Electron
Tue Oct 14, 2014 4:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: First RMD Divisor - 27.4 or 26.5
Replies: 11
Views: 1034

Re: First RMD Divisor - 27.4 or 26.5

Seems to me that the first RMD .. is also ambiguous. Those born January-June turn 70.5 in the calendar year that includes their 70th birthday. The RMD would be based on the account value on the previous December 31 when they were 69. The RMD divisor for age 70 is 27.4. Those born July-December turn...
by Electron
Tue Oct 14, 2014 2:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: First RMD Divisor - 27.4 or 26.5
Replies: 11
Views: 1034

Re: First RMD Divisor - 27.4 or 26.5

Thanks all for the help. It looks like a person only has to know their birth date to determine their first RMD Divisor.

With the time value of money, it's not clear if the two groups are treated equally. Those born July through December get to wait until age 71 to take their first RMD.
by Electron
Mon Oct 13, 2014 11:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: First RMD Divisor - 27.4 or 26.5
Replies: 11
Views: 1034

First RMD Divisor - 27.4 or 26.5

Can anyone confirm that there are two different cases for the first RMD at age 70.5?

It looks as though a birthday between January 1 and June 30 is one case, while July 1 through December 31 is a second case.
by Electron
Mon Oct 13, 2014 5:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: First RMD Divisor - 27.4 or 26.5
Replies: 11
Views: 1034

Re: Getting back into the market

I'd suggest the following four steps. 1. Create an Investment Policy Statement http://www.bogleheads.org/wiki/Investment_policy_statement 2. Define your Asset Allocation http://www.bogleheads.org/wiki/Category:Asset_allocation 3. Select your investments. 4. Establish the mental discipline to stick w...
by Electron
Fri Oct 10, 2014 2:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Getting back into the market
Replies: 32
Views: 3858

Re: LED Flashlights

I use Energizer AA Lithium cells for much longer run-time and shelf life. I just read something very interesting about Alkaline and Lithium AA batteries. The stated capacities are apparently not all that different, but Alkaline batteries can only deliver that capacity at very light loads. It drops ...
by Electron
Mon Oct 06, 2014 3:24 pm
 
Forum: Personal Consumer Issues
Topic: LED Flashlights
Replies: 51
Views: 3689

Re: Surprise Benefit of Lower Expenses

This situation suggests that we might think about fund expenses as a percentage of the expected return. Long term equity returns might be in the range of 10%. A 1% expense ratio would reduce returns by 10%. A 0.1% expense ratio would reduce returns by only 1%. The situation for bond funds is quite a...
by Electron
Sat Oct 04, 2014 12:46 am
 
Forum: Investing - Theory, News & General
Topic: Surprise Benefit of Lower Expenses
Replies: 6
Views: 1487

Re: Surprise Benefit of Lower Expenses

Thanks for the explanations. It looks like this effect is even greater as the yield of a bond fund decreases. That would suggest that a 0.1% decrease in expenses for a bond fund with 1% yield would increase the payout close to 10%. The percentage increase could approach 20% for a bond fund with a 0....
by Electron
Fri Oct 03, 2014 12:29 am
 
Forum: Investing - Theory, News & General
Topic: Surprise Benefit of Lower Expenses
Replies: 6
Views: 1487

Surprise Benefit of Lower Expenses

I was just looking at the monthly dividends paid by Vanguard Short Term Investment Grade VFSTX. It appears that you get an approximate 5% raise if moving from Investor Shares (expenses 0.20%) to Admiral Shares (expenses 0.10%). I'd appreciate it if someone can confirm my calculations. It might be ni...
by Electron
Thu Oct 02, 2014 5:47 pm
 
Forum: Investing - Theory, News & General
Topic: Surprise Benefit of Lower Expenses
Replies: 6
Views: 1487

Re: LED Flashlights

Yes - in general, LED flashlights that use 3 cells are cheaper models with out regulation circuits; they just connect the batteries directly to the LED, and so the brightness gradually declines. More expensive models have some kind of electronics to boost the voltage (or anyway, control the voltage...
by Electron
Thu Oct 02, 2014 2:28 pm
 
Forum: Personal Consumer Issues
Topic: LED Flashlights
Replies: 51
Views: 3689

Re: LED Flashlights

Thanks all for the help. It looks like there is much to research and many choices. I was initially just looking for a general purpose flashlight but see that there are many different applications. Battery life is another consideration. I hope some of these lights take that into account rather than d...
by Electron
Wed Oct 01, 2014 11:39 pm
 
Forum: Personal Consumer Issues
Topic: LED Flashlights
Replies: 51
Views: 3689

LED Flashlights

I'm interested in buying a general purpose LED Flashlight. Any suggestions or recommendations would be appreciated. Secondly, I'm wondering if anyone has tried the LED bulb replacements that are available for older flashlights. I believe they replace the PR style flashlight bulbs that have a flat fl...
by Electron
Wed Oct 01, 2014 3:59 pm
 
Forum: Personal Consumer Issues
Topic: LED Flashlights
Replies: 51
Views: 3689

Re: AAPL

I can't find any real news, other than alleged hacks to their iCloud, that is driving the stock down today? It is likely today's announcement from Samsung. http://fortune.com/2014/09/03/samsung-announces-new-products-ahead-of-rival-apple-event/ I've been watching the significant price increase in A...
by Electron
Wed Sep 03, 2014 2:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: AAPL
Replies: 178
Views: 38212

Re: Municipal bonds 1y returns - exuberance and caution

The same caution might apply to longer maturity bond funds of any type. Morningstar currently shows a year-to-date return of 9.34% for VCITX (California Long Term Tax Exempt) and 14.59% for VWESX (Vanguard Long Term Investment Grade). Central bank action in Europe may be a factor along with their sl...
by Electron
Thu Aug 28, 2014 4:39 pm
 
Forum: Investing - Theory, News & General
Topic: Municipal bonds 1y returns - exuberance and caution
Replies: 56
Views: 5925

Re: using the 15% tax bracket

One issue I didn't see mentioned is the foreign tax credit. I have been carrying this forward each year on form 1116 but I can't use it (the amount is well over the $300 limit) because I am paying no or little taxes up to this point because I have not been doing annual conversions, only cap gain ha...
by Electron
Mon Aug 25, 2014 10:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4585

Re: using the 15% tax bracket

The Roth conversion should be thought of as being taken at a marginal tax rate and the do-nothing alternative of taking the RMD should also be considered at the marginal rate in order for a fair comparison, right? I agree that if you aren't making that decision but just taking the RMD w/o thinking ...
by Electron
Sun Aug 24, 2014 8:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4585

Re: using the 15% tax bracket

This is a useful concept if you have little other income so the RMD is taxed at "effective" rates. However if you have significant other income (pensions/SS/interest/div/etc), that other income will swamp the lower brackets and the RMDs would then be taxed at much higher "effective&q...
by Electron
Sun Aug 24, 2014 3:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4585

Re: using the 15% tax bracket

Are RMDs taxed in some different way than ordinary TIRA withdrawals (that is, as ordinary income) ? RMDs are taxed the same as any ordinary income. My point is that one's actual tax percentage is less than their marginal tax bracket as a result of deductions and exemptions and the progressive tax r...
by Electron
Sun Aug 24, 2014 2:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4585

Re: using the 15% tax bracket

BUT, if I get preferential tax treatment on $10,000 of Roth conversion, I have effectively gotten that preferential treatment on the $10K conversion PLUS its gains once it's in the Roth. A key factor in Roth conversions is whether one's tax bracket is higher or lower in retirement. Note also that a...
by Electron
Sun Aug 24, 2014 12:13 am
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4585

Re: using the 15% tax bracket

We already had two different increases in the capital gains tax rate quite recently. The 15% CG bracket increases to 20% for some taxpayers, and the 3.8% Medicare tax on investment income also applies to capital gains for some taxpayers. I'm assuming that the lower capital gains tax brackets are saf...
by Electron
Sat Aug 23, 2014 4:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: using the 15% tax bracket
Replies: 42
Views: 4585

Re: Servicing a Mechanical Watch

Thanks seeshells and chrysogonus for the information and leads. After doing a web search, I am amazed at the number of watch forums and watch related sites. I never really took the time to understand how a watch operates and it is quite fascinating. http://en.wikipedia.org/wiki/Mechanical_watch It a...
by Electron
Fri Aug 22, 2014 2:14 pm
 
Forum: Personal Consumer Issues
Topic: Servicing a Mechanical Watch
Replies: 8
Views: 709

Servicing a Mechanical Watch

I have a Seiko Diver Watch purchased in 1976 that has never been serviced. It has been in use only about 5% of the time. The watch still works but is somewhat difficult to keep wound which by design can only be done with the internal pendulum. The watch was used for scuba diving a few times at depth...
by Electron
Thu Aug 21, 2014 11:00 pm
 
Forum: Personal Consumer Issues
Topic: Servicing a Mechanical Watch
Replies: 8
Views: 709

Re: Long term bond tilting?

I would start by looking at the yield curve today. A quick look at Treasury yields does show higher yields as you go out to 30 years. As a result, a longer maturity bond portfolio should return more if held for an extended period of time. That return would come with higher volatility. The principal ...
by Electron
Tue Aug 19, 2014 1:17 pm
 
Forum: Investing - Theory, News & General
Topic: Long term bond tilting?
Replies: 14
Views: 1317

Re: Adding Backup Boot Disk - Windows 7 - Clone or Image?

Here is an update on my disk imaging activities. I successfully imaged on a new disk with Windows 7 Imaging Capability, Macrium Reflect, and Acronis Western Digital Edition. The Windows 7 system is using about 70 GB on a 1 TB disk and the compressed images are in the range of 45-50 GB. A second 1 TB...
by Electron
Mon Aug 11, 2014 12:25 am
 
Forum: Personal Consumer Issues
Topic: Adding Backup Boot Disk - Windows 7 - Clone or Image?
Replies: 15
Views: 1271

Re: "Russan Gang Amasses Over A Billion Stolen Passwords"

Even if the hashed password is cracked, the hacker could not log in without user name and security question answers if used at that site. Most of the financial sites seem to use either security questions or two part authentication if they don't recognize your computer. That might involve a cookie pr...
by Electron
Sat Aug 09, 2014 2:21 pm
 
Forum: Personal Consumer Issues
Topic: "Russan Gang Amasses Over A Billion Stolen Passwords"
Replies: 87
Views: 7994

Re: Peak Money Market Fund Yields in 1981-82

The 16.5% CD that I mentioned looked like a good investment in 1982, but imagine if I had invested in the Vanguard Index 500 fund instead. It was available starting in 1976 with a lot of skeptics. The dividend yield on the S&P 500 index was in the area of 5% in 1982. If the fund shares had been ...
by Electron
Wed Aug 06, 2014 4:49 pm
 
Forum: Investing - Theory, News & General
Topic: Peak Money Market Fund Yields in 1981-82
Replies: 24
Views: 1765

Re: Peak Money Market Fund Yields in 1981-82

Thanks all for the replies. I just checked the daily 3 month T-Bill rates as shown below. http://research.stlouisfed.org/fred2/series/DTB3 The 3 month T-Bill in the secondary market hit 17.14% in late 1980 and it was 17.01% in May 1981. I also remember the very high mortgage rates and second and eve...
by Electron
Tue Aug 05, 2014 11:53 pm
 
Forum: Investing - Theory, News & General
Topic: Peak Money Market Fund Yields in 1981-82
Replies: 24
Views: 1765

Peak Money Market Fund Yields in 1981-82

I'm wondering if anyone remembers the highest yields seen in Money Market funds in 1981-82.

In looking through some old records I see that my first IRA investment in early 1982 was an 18 month CD paying 16.5%. That's hard to believe today. I think rates were even higher in 1981.
by Electron
Tue Aug 05, 2014 8:00 pm
 
Forum: Investing - Theory, News & General
Topic: Peak Money Market Fund Yields in 1981-82
Replies: 24
Views: 1765

Re: Social Security - Receive Any Letters Approaching Age 70

Thanks all for the help. I think the questions have mostly been answered and calling Social Security sounds like an excellent idea. On the Social Security statements, mine seemed to stop for a while and then resume. I currently have 2007, 2008, 2009, 2010, and 2012. Unless I misplaced any, it looks ...
by Electron
Sun Jul 27, 2014 5:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Social Security - Receive Any Letters Approaching Age 70?
Replies: 22
Views: 2144

Social Security - Receive Any Letters Approaching Age 70?

A friend asked me a few questions that I could not answer. 1. Do any instructions or reminder letters arrive approaching Age 70? 2. What happens if you sign up for benefits a little late? 3. The second question brings up an interesting additional question. Do any individuals with sufficient assets c...
by Electron
Sun Jul 27, 2014 3:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Social Security - Receive Any Letters Approaching Age 70?
Replies: 22
Views: 2144

Re: Vanguard Account Owners - has this happened to you?

About three weeks later, my wife asked me if I had transferred ~$100K in our Chase bank saving account to somewhere. I had no idea why $100k disappeared from our bank account. So I looked over my various accounts and found that the money that disappeared showed up in my Vanguard rollover IRA accoun...
by Electron
Thu Jul 24, 2014 12:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard Account Owners - has this happened to you?
Replies: 17
Views: 2720

Re: Am I "Locked In" For Payments With This Bond Fund?

PIMCO Income Fund is somewhat unusual with the dividend not varying month to month for relatively long periods. I would try to understand exactly how this fund operates. Closed-end bond funds will often have a constant payout for periods of time but there is a reason. They may have undistributed net...
by Electron
Sun Jul 20, 2014 11:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Am I "Locked In" For Payments With This Bond Fund?
Replies: 11
Views: 1101

Re: Vanguard's Proportional RMD service

The proportional option is fairly new and when they set it up, they simply programmed it to be a special case of one of their previous options. This morning I read the detailed RMD Service Agreement and my Confirmation Statement that was dated January 21. The service agreement is several pages long...
by Electron
Sat Jul 19, 2014 3:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 44
Views: 3776

Re: Vanguard's Proportional RMD service

This was what I thought also, until I contacted Vanguard. If you delete a fund you will need to contact them to get that fund's RMD elsewhere. If you add a fund and want part of the RMD from it you have to contact them. If you exchange too much out of a fund to cover its share of the RMD or its val...
by Electron
Sat Jul 19, 2014 12:04 am
 
Forum: Investing - Help with Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 44
Views: 3776

Re: Adding Backup Boot Disk - Windows 7 - Clone or Image?

You could also install the replacement drive inside an enclosure and clone. If/when the internal HD fails, remove the replacement HD from the enclosure and install in the desktop. If both drives are installed internally, both drives will be powered up unless open the case to unplug the replacement ...
by Electron
Fri Jul 18, 2014 1:42 pm
 
Forum: Personal Consumer Issues
Topic: Adding Backup Boot Disk - Windows 7 - Clone or Image?
Replies: 15
Views: 1271
Next

Return to advanced search