Search found 40583 matches

by livesoft
Tue Sep 01, 2015 12:39 pm
Forum: Personal Consumer Issues
Topic: Disposable Bakeware, Oven/Microwave/Freezer
Replies: 9
Views: 179

Re: Disposable Bakeware, Oven/Microwave/Freezer

Isn't this what cupcake and muffins and their pans are for? One can certainly create meal portions in cupcake paper linings.
by livesoft
Tue Sep 01, 2015 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Avoiding wash sale in Roth IRA
Replies: 6
Views: 255

Re: Avoiding wash sale in Roth IRA

You could do exactly as you suggested. You are not screwed.
by livesoft
Tue Sep 01, 2015 12:07 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

OK, a few people have quoted my entire algorithm draft with a thanks, but maybe it has some errors!!! Corrections are welcome! Thanks!

(For instance, it does not address qualified dividend things … yet)
by livesoft
Tue Sep 01, 2015 12:03 pm
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 1
Views: 85

Re: TLH conclusion in my situation

I think your VTSAX will create a wash sale if you sell BOTH VTI and VTSAX today. I think you will need to sell VTSAX at least a day or two ahead of selling VTI at a loss to avoid a wash sale from selling VTI. You can sell the single 200 share lot of VTI now that you have a gain in. It will not creat...
by livesoft
Tue Sep 01, 2015 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Excess ROTH IRA contribution + IRS ravenousness
Replies: 6
Views: 495

Re: Excess ROTH IRA contribution + IRS ravenousness

Now the IRS is demanding back taxes on this amount and yet I still don't see where I messed up. :confused Can someone help? I plan to call their hotline tomorrow but want to be able to speak in an intelligent way about the issue. So file an amended return with this money declared as retirement inco...
by livesoft
Tue Sep 01, 2015 11:39 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

Do what you want. Do what you need to do. :)

If the drops become substantial, then by all means TLH again, but a 3% drop is not substantial to me at the moment. It could be for you though.
by livesoft
Tue Sep 01, 2015 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Filing back IRS Form 8606 - Several Questions
Replies: 8
Views: 457

Re: Filing back IRS Form 8606 - Several Questions

I wanted to add that the Form 8606 specifically notes how to fill it out when NOT sending in with your tax return. That is, sending it in stand alone. I sent mine in stand-alone without any mention of my Form 1040 or any copies. That is contrary to what wfisher did. I offered no proof whatsoever tha...
by livesoft
Tue Sep 01, 2015 11:26 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

Re strategy for TLH... shares are down now. I could harvest (something like $5k). But perhaps shares drop more. So then I suppose I could keep on harvesting on the way down. Is that a better strategy than waiting and harvesting all at once when the TLH amount is material (to me)? Do I gain anything...
by livesoft
Tue Sep 01, 2015 11:19 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

2. Do I have to sell the IRA VTI/VXUS mutual fund equivalent as part of the overall TLH and replace with an alternate fund or does it not matter simply because it is a mutual fund (not ETF) and it is in a non-taxable account (rather than taxable where bulk of losses are). It DEFINITELY DOES MATTER....
by livesoft
Tue Sep 01, 2015 11:15 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

@bogleviewer, if you sell the shares in the taxable account at a loss, then the shares in the IRA would be considered replacement shares and you would have a wash sale. The wash sale could be a partial wash sale or not. Examples: 100 shares in taxable sold at a loss. 200 newly purchased shares in IR...
by livesoft
Tue Sep 01, 2015 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding wash sale in Roth IRA
Replies: 6
Views: 255

Re: Avoiding wash sale in Roth IRA

I think the OP's question was not well-formed, so that ieee488's response is probably not the one I would give. If you are not adding to your VFWAX in your Roth IRA, then you would have no problems with selling VFWAX in your taxable account at a loss. That does not mean you will not create a wash sa...
by livesoft
Tue Sep 01, 2015 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Chip credit cards, do I need to get a PIN?
Replies: 4
Views: 256

Re: Chip credit cards, do I need to get a PIN?

Thanks to both. I have never had an insurmountable issue with using credit cards while travelling overseas yet and I do not have any bona fide chip&PIN cards. I guess I won't bother getting PINs for any of these cards at the present time.
by livesoft
Tue Sep 01, 2015 10:59 am
Forum: Investing - Help with Personal Investments
Topic: How and when to rebalance
Replies: 5
Views: 294

Re: How and when to rebalance

I agree that there is no magical method that has been published. The Wiki article is a good place to start, but also read the links therein if you are so inclined. In particular, read the Larry Swedroe article linked in the wiki. Calendar-based rebalancing (once a year, once every 2 years, once a qu...
by livesoft
Tue Sep 01, 2015 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Chip credit cards, do I need to get a PIN?
Replies: 4
Views: 256

Chip credit cards, do I need to get a PIN?

I have received updated credit cards in the past week with chips embedded. When activating, the voice response system asks if I want to set up a PIN, too, for cash advances. I do not need to get cash advances or to ever use these cards as debit cards. Do I need to get a PIN for any of these credit c...
by livesoft
Tue Sep 01, 2015 5:56 am
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 96
Views: 5117

Re: If stocks dropped 30% next Monday, would you rebalance?

PS2. Tarheel and Kevin, you have a really interesting point about MF vs ETF-equivalent. Good room for thought. Livesoft, do you do the same thing as Kevin? If you mean, do I use the changes in prices of ETFs to estimate before the market close the changes in NAVs that mutual funds might have, then ...
by livesoft
Tue Sep 01, 2015 5:49 am
Forum: Investing - Help with Personal Investments
Topic: Which brokers do hassle-free Roth cnvrsn recharacterizations
Replies: 28
Views: 2314

Re: Which brokers do hassle-free Roth cnvrsn recharacterizations

^I have only done one conversion this year, so I have not done multiple conversions. I guess I should do another conversion to another account and then recharacterize the conversion described in this thread which will certainly have lost 10% or more by days end. Why would I use multple financial ins...
by livesoft
Tue Sep 01, 2015 5:25 am
Forum: Investing - Theory, News & General
Topic: Target date funds and frequency of rebalancing
Replies: 2
Views: 320

Re: Target date funds and frequency of rebalancing

I think it makes a lot of sense. If one does not want to manage a portfolio in terms of rebalancing and tax-loss harvesting, then a Vanguard fund like this is exceptionally hard to outperform. Actually, a Vanguard fund like this is very hard to outperform even if you like to do those things and have...
by livesoft
Mon Aug 31, 2015 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Filing back IRS Form 8606 - Several Questions
Replies: 8
Views: 457

Re: Filing back IRS Form 8606 - Several Questions

@wfisher, thanks for joining and reporting your experience in a lengthy post. Welcome!
by livesoft
Mon Aug 31, 2015 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Market levels and stock holdings
Replies: 9
Views: 523

Re: Market levels and stock holdings

You be the judge. Here is the story: I'll set the stage by stating that I used mostly three ETFs for this tactic: EWX - small-cap emerging markets VNQ - REIT index VCSH - short-term corporate bond index All are part of my IPS and in my asset allocation plan. My idea was to put EWX and VNQ in the Rot...
by livesoft
Mon Aug 31, 2015 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Market levels and stock holdings
Replies: 9
Views: 523

Re: Market levels and stock holdings

I tried to do something similar, but now our Roths have huge stock losses and our traditional IRAs have huge stock gains (up >10% YTD).
by livesoft
Mon Aug 31, 2015 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: You've inherited a bad portfolio from your former self. What do you do?
Replies: 12
Views: 958

Re: You've inherited a bad portfolio from your former self. What do you do?

I would not be surprised if you checked VTI that it has not gone down almost as much as the ETFs you did buy. Now EM and REIT asset classes are supposed to go higher and lower than something like VTI or VXUS. If they didn't, then one would have no chance of risk-adjusted returns. Since they went low...
by livesoft
Mon Aug 31, 2015 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends for funds in a 401k custom fund
Replies: 2
Views: 87

Re: Dividends for funds in a 401k custom fund

I would not be surprised if these were not collective investment trusts or something like them: http://www.bogleheads.org/wiki/Collective_Investment_Trusts Rest easy. It is likely that the dividends are simply rolled in to the price of the fund, so you will not see dividends anywhere. This is extrem...
by livesoft
Mon Aug 31, 2015 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Filing back IRS Form 8606 - Several Questions
Replies: 8
Views: 457

Re: Filing back IRS Form 8606 - Several Questions

I filed an old 8606 that I did not file previously earlier this year. The old 8606 was for a tax year before 2005. I had filed correct 8606 for the 3 or 4 years preceding the one I missed. I did my taxes "by hand" for the years I filed those 8606 and in the year I missed, I had switched to...
by livesoft
Mon Aug 31, 2015 2:15 pm
Forum: Investing - Theory, News & General
Topic: bid and asked prices in panic times like this past week
Replies: 16
Views: 912

Re: bid and asked prices in panic times like this past week

Oh, look! BND is trading at 81.45 now. That's 0.25 less than high of the day. I wonder if BND will trade even lower before the end of the day. What should I set my limit order to buy at?

Whoa! More than a quarter-million shares just changed hands in ONE transaction! Very unusual.
by livesoft
Mon Aug 31, 2015 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Anxiety after investing inheritance
Replies: 12
Views: 880

Re: Anxiety after investing inheritance

1. The market is NOT in a precarious position. This is pretty much normal, so if you don't get used to it, then you will always have anxiety. "The market" did the same thing last year, the year before, and the year before that. It will do the same thing next year, the year after that and i...
by livesoft
Mon Aug 31, 2015 11:47 am
Forum: Investing - Theory, News & General
Topic: bid and asked prices in panic times like this past week
Replies: 16
Views: 912

Re: bid and asked prices in panic times like this past week

The Wiki has a very nice write-up on "Orders" that you can read: http://www.bogleheads.org/wiki/Orders that has good explanations. Thank you, very helpful. I take it then that if (as in the example) the Bid /Ask price was 19.98 /20.02, that you should (on a normal trading day), place a Li...
by livesoft
Mon Aug 31, 2015 5:56 am
Forum: Investing - Theory, News & General
Topic: Interesting market timing bakeoff from Schwab
Replies: 5
Views: 613

Re: Interesting market timing bakeoff from Schwab

I am not sure if the linked article is the same one everyone else is reading. There was no lump sum of $40,000 invested at the beginning of the 20 years. This was a periodic investing of $2,000 every year at the beginning of the year compared to investing $2,000 once a year at other times of the yea...
by livesoft
Sun Aug 30, 2015 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: What happens when a Brokered CD matures?
Replies: 3
Views: 366

Re: What happens when a Brokered CD matures?

My CDs purchased at my broker have always just ended up in the cash sweep account when they matured. I didn't have to do anything.
by livesoft
Sun Aug 30, 2015 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: 401k loan
Replies: 12
Views: 726

Re: 401k loan

Or you could cash in I-bonds now and invest tax-efficiently in Total Stock Market Index in a taxable account and after 10 years buy 3 or 4 Teslas at that price. Then give one to each child to take to college with them and keep one for yourself.
by livesoft
Sun Aug 30, 2015 8:40 pm
Forum: Investing - Theory, News & General
Topic: bid and asked prices in panic times like this past week
Replies: 16
Views: 912

Re: bid and asked prices in panic times like this past week

The Wiki has a very nice write-up on "Orders" that you can read: http://www.bogleheads.org/wiki/Orders that has good explanations.
by livesoft
Sun Aug 30, 2015 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Question
Replies: 3
Views: 265

Re: Cost Basis Question

Generally, your cost basis is $0.00 for these monies unless these are Roth 401(k) and Roth IRA OR you contributed AFTER-tax money to your 401(k) or made a non-deductible contribution to your IRA. You would have filed a Form 8606 though if you had contributed to a non-deductible traditional IRA. So i...
by livesoft
Sun Aug 30, 2015 8:31 pm
Forum: Investing - Theory, News & General
Topic: Interesting market timing bakeoff from Schwab
Replies: 5
Views: 613

Re: Interesting market timing bakeoff from Schwab

The article you linked answers your question. Thanks for linking it.

The answer in the article is that "invested immediately" never wins in any period.
by livesoft
Sun Aug 30, 2015 8:15 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

I put on my "TurboTax/IRS language hat" and wrote out this [unfinished] TLH algorithm draft which I am submitting here for comments: Do you have any shares in your taxable account that have a price lower than what you paid for them? No - Stop here, you do not have a harvestable loss for ta...
by livesoft
Sun Aug 30, 2015 6:21 pm
Forum: Investing - Theory, News & General
Topic: Aug 2015 correction: what Bogleheads did...
Replies: 106
Views: 5091

Re: Aug 2015 correction: what Bogleheads did...

I sold Mutual Series MQIFX for a tax loss and reinvested most of the assets. This move will be a great help on my taxes. MQIFX has made very large distributions over the years and is more suited to tax deferred accounts. It is unusual to hold a Growth & Income fund for over 27 years and then se...
by livesoft
Sun Aug 30, 2015 5:44 pm
Forum: Personal Consumer Issues
Topic: wells fargo access has been suspended
Replies: 6
Views: 611

Re: wells fargo access has been suspended

Not for a mortgage account, but for my checking/brokerage account. I called their fraud department (looked up number elsewhere, though the e-mail had the right number). It was pretty easy to tell that I was locked out of online access of my accounts, so even without the e-mail I had to call them. Th...
by livesoft
Sun Aug 30, 2015 5:39 pm
Forum: Personal Consumer Issues
Topic: Writing an effective customer complaint.
Replies: 5
Views: 305

Re: Writing an effective customer complaint.

I understand that you were not going to bring the food back that night if they requested it. I think that was a wise choice, but in the phone call, I would have said something like, "I'm home now and will not be coming back to the store tonight. I can keep this in my fridge and bring it back la...
by livesoft
Sun Aug 30, 2015 5:27 pm
Forum: Personal Consumer Issues
Topic: Proof that this summer was hotter than last summer
Replies: 11
Views: 1052

Re: Proof that this summer was hotter than last summer

Don't have kwH readily accessible, but electricity total costs for 3 summer months in 2014 and 2015:
$458.08 2014 Jun-Aug
$469.80 2015 Jun-Aug
by livesoft
Sun Aug 30, 2015 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Blue collar worker and millionaire dream
Replies: 31
Views: 3793

Re: Blue collar worker and millionaire dream

When we were your age, we did had much lower income than you have. We lived in a state with much higher taxes than Texas, too. What we did: We reduced expenses so that we lived off the income of the lower paid spouse and saved/invested the gross income of the higher paid spouse. Whenever I write thi...
by livesoft
Sun Aug 30, 2015 4:56 pm
Forum: Personal Consumer Issues
Topic: Writing an effective customer complaint.
Replies: 5
Views: 305

Re: Writing an effective customer complaint.

I would have immediately talked to the manager of the place I had bought the food from. If I had taken the food home to eat, I would have called the store immediately. I would not have written a letter or gone to corporate. I would have expected the manager to give me a complete refund of what I pai...
by livesoft
Sun Aug 30, 2015 4:33 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

I think the misunderstanding (and in retrospect, not obtuseness--my mistake) is that you own ETFs. I own Vanguard mutual funds in a non-brokerage Vanguard account. For my Vanguard mutual funds with non-covered shares, Vanguard does not show me the cost basis of my non-covered shares. It shows me wh...
by livesoft
Sun Aug 30, 2015 4:23 pm
Forum: Investing - Theory, News & General
Topic: bid and asked prices in panic times like this past week
Replies: 16
Views: 912

Re: bid and asked prices in panic times like this past week

Ain't it interesting that there do not appear to be Flash Bubbles where things trade anomalously higher for a few minutes?
by livesoft
Sun Aug 30, 2015 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on these 403(b) choices
Replies: 7
Views: 269

Re: Opinions on these 403(b) choices

Many 403(b) plans are filled with annuity funds. So are many 401(k) plans. Annuity funds may not even have "annuity" in the fund name. I even suspect that some share classes of funds could be the parent fund wrapped in an annuity. Thus, the word "annuity" is not really much of a ...
by livesoft
Sun Aug 30, 2015 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: If you lost your job, what expenses would you keep/get rid of?
Replies: 27
Views: 2599

Re: If you lost your job, what expenses would you keep/get rid of?

I cut back on charitable giving, 401(k) contributions, HSA contributions, income taxes, SS taxes, medicare taxes, and some eating out. I could have cut back on wedding gifts and delayed vacation travel, too, but I did not. There are things my spouse would not let me cut back even though I would like...
by livesoft
Sun Aug 30, 2015 2:59 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Readjustments/Concerns
Replies: 9
Views: 904

Re: Portfolio Readjustments/Concerns

My octagenarian mom hated bond funds and loved her stocks. If she had asked me about these funds, I would have said, "Mom, those are pretty risky and such things go down a lot when they go down. I wouldn't and do not invest in them myself even though I have worked in biotech since the 1970s. If...
by livesoft
Sun Aug 30, 2015 2:44 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

I am not sure why any of what I wrote is obtuse. I don't want to apologize for anything Vanguard does or does not do, but I can state that Vanguard shows me online the cost basis for the non-covered shares in my taxable account. Vanguard also shows me online every individual purchase made with numbe...
by livesoft
Sun Aug 30, 2015 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Expat: Vanguard declines to give advice. Move to Schwab?
Replies: 14
Views: 1584

Re: Expat: Vanguard declines to give advice. Move to Schwab?

But what about "advice"? Would IB give your spouse advice to manage a portfolio after you died?
by livesoft
Sun Aug 30, 2015 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Career Options with STEM and LSA
Replies: 29
Views: 1509

Re: Career Options with STEM and LSA

Right. Capitalism at its best. And the people offering those jobs have to be better qualified than their peers or they will have no pricing power for their own jobs and may even lose their jobs. Anyways, I see no reason to not to rank job applicants and to hire a best qualified applicant for a given...
by livesoft
Sun Aug 30, 2015 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Expat: Vanguard declines to give advice. Move to Schwab?
Replies: 14
Views: 1584

Re: Expat: Vanguard declines to give advice. Move to Schwab?

I would just tell my spouse to let a Vanguard LifeStrategy fund do its magic if possible. I don't see any reason for a real live person to "manage a portfolio" or a roboadvisor to "manage a portfolio". The chances of either of these to mismanage a portfolio is way too high for th...
by livesoft
Sun Aug 30, 2015 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Career Options with STEM and LSA
Replies: 29
Views: 1509

Re: Career Options with STEM and LSA

there is always room at the top. Isn't that a little like saying that Wall Street will always make room for active managers who can outperform the indices? If all the children in Lake Wobegon just studied twice as much they'd all be above average! No, it is not even a little like saying either of t...
by livesoft
Sun Aug 30, 2015 1:04 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 98
Views: 7167

Re: TLH for absolute dummies [Tax Loss Harvesting]

Yes, Vanguard shows cost basis of non-covered shares. So do other brokers. I made a customized view for my screen capture and removed the "Cost Basis" column and the "Number of Shares" column before I did the screen capture in an attempt to not release the size of my taxable acco...

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