Search found 40703 matches

by livesoft
Fri Sep 04, 2015 3:50 pm
Forum: Investing - Theory, News & General
Topic: Question for the Bogleheads Millionaires
Replies: 5
Views: 156

Re: Question for the Bogleheads Millionaires

Education and a spouse with education and a good job.
by livesoft
Fri Sep 04, 2015 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Too Much Cash Can Hurt Your Portfolio?
Replies: 1
Views: 54

Re: Too Much Cash Can Hurt Your Portfolio?

I don't like to have cash around at all, but I understand that some people do. As to your question of "how can you save enough …?" the answer is simple: "Save longer." So instead of retiring at age 55, folks retire at age 70. That gives them at least 2 benefits: (1) More money sa...
by livesoft
Fri Sep 04, 2015 2:55 pm
Forum: Personal Consumer Issues
Topic: How to avoid losing a cell phone
Replies: 32
Views: 1276

Re: How to avoid losing a cell phone

Have you tried to find a pay phone recently? It can often be quite difficult. I don't often need to make calls when I'm away from home or work. But when I do, I'm glad I don't need to go in search for a scarce pay phone. Good Samaritans always let one make a phone call. If I had my phone with me, I...
by livesoft
Fri Sep 04, 2015 2:53 pm
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 19
Views: 1043

Re: TLH conclusion in my situation

That can be part of the solution. I own VTI, VLCAX, and VFIAX. I sold some shares of VLCAX in order to tax-loss harvest and bought VTIAX with the money. In order to keep my asset allocation close to what I wanted, I then sold some VEU in a tax-deferred account and bought BND. But then I sold some fi...
by livesoft
Fri Sep 04, 2015 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Have I messed up our portfolio?
Replies: 2
Views: 221

Re: Have I messed up our portfolio?

I think it all depends on your marginal income tax bracket. If you are 25% and below, then the problem exists, but it is still a minimal problem. If you are in the 28% and higher, then I think the problem is no longer minimal, but not at the stage of "messed up". Your TSP has this wonderfu...
by livesoft
Fri Sep 04, 2015 12:51 pm
Forum: Personal Consumer Issues
Topic: How to avoid losing a cell phone
Replies: 32
Views: 1276

Re: How to avoid losing a cell phone

I just leave my cell phone on the dresser. It is always there when I look for it, so I just don't need to move it anywhere else and never lose it. I've even travelled to Europe for a more than week without a cell phone. No problems. But then again, cell phones were not invented until late in my life...
by livesoft
Fri Sep 04, 2015 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: How to deal with making contribution during market turbulence?
Replies: 12
Views: 508

Re: How to deal with making contribution during market turbulence?

Sounds great, except when you put the money into short term bonds and then the stock market goes up 7% before going down 2%. Yeah, feels great. The OP asked about "during market turbulence", so when one is contributing and it is not "during market turbulence", what happens? Furt...
by livesoft
Fri Sep 04, 2015 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Account in -kit transfer to vanguard
Replies: 3
Views: 172

Re: Account in -kit transfer to vanguard

I would only use brokers that do not charge me commissions. Thus, I would not use Scottrade. I would close the Scottrade account and use a different financial institution that gave me no-commission (i.e. free) transactions. And I wonder if by "in -kit transfer", the Vanguard rep really sai...
by livesoft
Fri Sep 04, 2015 11:06 am
Forum: Investing - Help with Personal Investments
Topic: How to deal with making contribution during market turbulence?
Replies: 12
Views: 508

Re: How to deal with making contribution during market turbulence?

I think it is fine to contribute to a short-term bond fund, but one should exchange from that fund into one's asset allocation on a day that might make you feel good. My perspective is that a day that makes me feel good to buy equities is a day that the market goes down a lot. I feel that my bond fu...
by livesoft
Fri Sep 04, 2015 10:55 am
Forum: Personal Consumer Issues
Topic: Houston Airport to Galveston?
Replies: 8
Views: 297

Re: Houston Airport to Galveston?

HOU (Hobby) is the airport to use. Uber would be fine for this trip. I am sure there are services that take folks from HOU to cruise terminal and they can all be found online. Your cruise vendor may even have some links on their web site. TripAdvisor must have some things, too. I would think a taxi ...
by livesoft
Fri Sep 04, 2015 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Poke holes in my plan.. wanting feedback
Replies: 2
Views: 267

Re: Poke holes in my plan.. wanting feedback

It all looks good to me. I like the idea of maxing out 401k and IRAs and finishing off loan payments by next September. I wouldn't change a thing. Those loan payments will disappear and be replaced by new house payments. You will learn over the next 10 months or so how this all shakes out and can ch...
by livesoft
Fri Sep 04, 2015 10:40 am
Forum: Personal Consumer Issues
Topic: Houston Airport to Galveston?
Replies: 8
Views: 297

Re: Houston Airport to Galveston?

Which Houston airport? BIG difference. :)
by livesoft
Fri Sep 04, 2015 10:30 am
Forum: Investing - Help with Personal Investments
Topic: WASH Sale - Just to be clear
Replies: 4
Views: 145

Re: WASH Sale - Just to be clear

Cam you please take a look at this draft of text about selling at a loss and wash sales and tell me if you see problems?
viewtopic.php?p=2610557#p2610557
by livesoft
Fri Sep 04, 2015 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Storm water: Township dragging feet
Replies: 7
Views: 712

Re: Storm water: Township dragging feet

You could also regrade your property or put a swale in your yard to intercept water and route it away from your house. You could do that but there are legal things even with that. You cannot have the water that would normally go into the retention pond in your basement be diverted to someone else's...
by livesoft
Fri Sep 04, 2015 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Storm water: Township dragging feet
Replies: 7
Views: 712

Re: Storm water: Township dragging feet

My opinion is that you must have known this was a problem and must have gotten a good deal on the price of the property. I think the Township is not obligated to do anything, but you can run for office in the Township and perhaps get things changed if you are elected. Even that is not a surefire sol...
by livesoft
Thu Sep 03, 2015 11:03 pm
Forum: Investing - Theory, News & General
Topic: Liquidate 401k to open IRA to Merrill Lynch
Replies: 9
Views: 506

Re: Liquidate 401k to open IRA to Merrill Lynch

I also do not know why the 401k had to be liquidated, he really just wanted to transfer all the investments over to ML, but apparently that could not happen. 401(k) plans and 401(k) administrators are not really set up to transfer shares "in-kind". Since going to cash is easy and has no t...
by livesoft
Thu Sep 03, 2015 10:45 pm
Forum: Personal Consumer Issues
Topic: Best Small Purchases (Around the house)
Replies: 58
Views: 3061

Re: Best Small Purchases (Around the house)

A dog. Small purchase? Physically small maybe, but financially the vet makes it quite a big purchase. Our annual vet costs seem to be lower than some of the other annual costs in this thread, but maybe we are in a low-cost-of-vet-area. But if a dog is perceived as too expensive, a pair of budgies i...
by livesoft
Thu Sep 03, 2015 7:44 pm
Forum: Investing - Theory, News & General
Topic: How Fast Do Funds React?
Replies: 5
Views: 423

Re: How Fast Do Funds React?

How TR and LS rebalance is discussed by Mike Piper in his interview of Vanguard's John Ameriks:
http://www.obliviousinvestor.com/interv ... ent-funds/
by livesoft
Thu Sep 03, 2015 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a max limit to Roth 401(K) and Roth IRA (Together/Combined)?
Replies: 11
Views: 780

Re: Is there a max limit to Roth 401(K) and Roth IRA (Together/Combined)?

Ah, yes. Would the contribution number really be capped by FICA and medicare taxes because those taxes are still included in the number shown in Box 1 of the W-2? (I can see employer balking as not enough money in paycheck to go around, but maybe there is a work-around?) I can see some other bits as...
by livesoft
Thu Sep 03, 2015 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a max limit to Roth 401(K) and Roth IRA (Together/Combined)?
Replies: 11
Views: 780

Re: Is there a max limit to Roth 401(K) and Roth IRA (Together/Combined)?

Suppose a single person has $6,000 of earned income. Can one contribute $6,000 to the Roth 401(k) and $5500 to their Roth IRA?
by livesoft
Thu Sep 03, 2015 6:17 pm
Forum: Investing - Theory, News & General
Topic: How Fast Do Funds React?
Replies: 5
Views: 423

Re: How Fast Do Funds React?

Please see this post and the thread it is in:
viewtopic.php?p=2607625#p2607625
by livesoft
Thu Sep 03, 2015 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Replacement shares for TLH exchanges for broad market index funds
Replies: 14
Views: 246

Re: Replacement shares for TLH exchanges for broad market index funds

Better off to choose a similar fund that you can live with for the rest of your life not something as wildly different as US->International. I agree because I am not a worry-wart. Some folks will cringe at using a similar fund and will not be able to sleep at night. At least that is my takeaway mes...
by livesoft
Thu Sep 03, 2015 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Replacement shares for TLH exchanges for broad market index funds
Replies: 14
Views: 246

Re: Replacement shares for TLH exchanges for broad market index funds

The problem is, you might get stuck in the switch for life if the stock market climbs ever higher. As I noted, this is not really a problem because it is easily addressed. Not really. If the stock market shoots up and you don't have a large sum of free cash to invest, you are stuck, unless you want...
by livesoft
Thu Sep 03, 2015 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Replacement shares for TLH exchanges for broad market index funds
Replies: 14
Views: 246

Re: Replacement shares for TLH exchanges for broad market index funds

The problem is, you might get stuck in the switch for life if the stock market climbs ever higher. As I noted, this is not really a problem because it is easily addressed. Just do not exchange from a broad-market US index fund into a small-cap emerging markets index fund. I think most folks can be ...
by livesoft
Thu Sep 03, 2015 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Replacement shares for TLH exchanges for broad market index funds
Replies: 14
Views: 246

Replacement shares for TLH exchanges for broad market index funds

For folks who want to have worry-free exchanges during tax-loss harvesting, I would like to point out that most broad market index funds are highly correlated even if they are not substantially identical. So here is a recommendation for the anxious folks: When tax-loss harvesting a broad market US f...
by livesoft
Thu Sep 03, 2015 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Differences among Vanguard International funds?
Replies: 13
Views: 3941

Re: Differences among Vanguard International funds?

I think the answer will always be: "No one can tell you the answer because no one knows."
by livesoft
Thu Sep 03, 2015 4:17 pm
Forum: Investing - Theory, News & General
Topic: Comprehensive list of tax loss harvesting partners
Replies: 60
Views: 2927

Re: Comprehensive list of tax loss harvesting partners

Tax loss harvesting is still useful for people who only have a few thousand dollars invested. If the stock market drops 20%, someone with $3000 invested can harvest $600. Not really, because the fund would drop less than 20% if the stock market drops 20%. Plus the fund shares would have had to be p...
by livesoft
Thu Sep 03, 2015 3:34 pm
Forum: Investing - Theory, News & General
Topic: Comprehensive list of tax loss harvesting partners
Replies: 60
Views: 2927

Re: Comprehensive list of tax loss harvesting partners

Do you believe folks with only $1,000 to $3,000 invested in a fund should have any meaningful losses to harvest? Don't forget these are funds of equities AND bonds, so losses are going to be a little harder to achieve than a fund of all equities.
by livesoft
Thu Sep 03, 2015 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs vs. Index Funds
Replies: 10
Views: 466

Re: ETFs vs. Index Funds

A wise and informed choice.
by livesoft
Thu Sep 03, 2015 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Gone Wrong (Example)
Replies: 2
Views: 257

Re: TLH Gone Wrong (Example)

No worries because you left out all the other TLHing you will do during the rest of 2015, the whole of 2016 and even all of 2017.
by livesoft
Thu Sep 03, 2015 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs vs. Index Funds
Replies: 10
Views: 466

Re: ETFs vs. Index Funds

Thanks! I'll read that now. After reading, if you are still undecided, get the index funds. You can always convert to ETF's later, but not vice versa. One can always sell index funds and buy ETFs, but one can also always sell ETFs and buy index funds. That is, no one is trapped by any decision. Fur...
by livesoft
Thu Sep 03, 2015 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Fed Rate Hike Question
Replies: 13
Views: 1052

Re: Fed Rate Hike Question

livesoft, don't you mean buy after the price dips after the announcement, then sell a few months later, or, hold until the next expected hike approaches? That's what I wrote … buy on the dip. It will come BEFORE the announcement this year. Maybe it will come tomorrow when the jobs report comes out....
by livesoft
Thu Sep 03, 2015 3:01 pm
Forum: Investing - Theory, News & General
Topic: Comprehensive list of tax loss harvesting partners
Replies: 60
Views: 2927

Re: Comprehensive list of tax loss harvesting partners

I'm not Kevin, but I did look at the constituents of the 2045 and 2050 Target Retirement funds from Vanguard. In my opinion, they are not only substantially identical, they are the same fund with different names slapped on them. Two other TR funds could easily not be substantially identical, but tho...
by livesoft
Thu Sep 03, 2015 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: ETFs vs. Index Funds
Replies: 10
Views: 466

Re: ETFs vs. Index Funds

I am happy to tell you that a lot of folks have asked this question, so that a lot of more folks have written up a very nice article for you to read to try to figure it our for YOUR PERSONAL circumstances. Here is the article for you to read: http://www.bogleheads.org/wiki/ETFs_vs_mutual_funds Tell ...
by livesoft
Thu Sep 03, 2015 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fed Rate Hike Question
Replies: 13
Views: 1052

Re: Fed Rate Hike Question

The percentage changes appear to be relative to the end of the chart for the fund or item that ends at 0.00%. You also charted "price" and not "growth", so that's a complication. Nevertheless, it looks like anticipation of something happening affected the price, then it happened,...
by livesoft
Thu Sep 03, 2015 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: How do I deal with this wash sale?
Replies: 2
Views: 222

Re: How do I deal with this wash sale?

Why not wait until you get a 1099-B and see how helpful it is? I am sure folks will still be around to answer this question in March 2016.
by livesoft
Thu Sep 03, 2015 1:52 pm
Forum: Investing - Theory, News & General
Topic: Comprehensive list of tax loss harvesting partners
Replies: 60
Views: 2927

Re: Comprehensive list of tax loss harvesting partners

Kaye Thomas's articles at Fairmark are ages old and updated occasionally. They may not have the latest news on test cases and such. And I was serious of people pouring over the old tax returns of political celebrities. There is a major election coming up and I know there are people that do exactly t...
by livesoft
Thu Sep 03, 2015 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: why tax loss harvest if you reset clock on long term holding??
Replies: 8
Views: 500

Re: why tax loss harvest if you reset clock on long term holding??

So everybody can do the math for their own particular situation. For instance, If one has been diligently tax-loss harvesting all along, then one should rarely have a long-term loss to harvest. Be sure to harvest all losses before they become long-term losses. Yes, a long-term holding can drop in va...
by livesoft
Thu Sep 03, 2015 11:30 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 1676

Re: A good problem to have

I think judicious use of tax-loss harvesting turns a taxable account that is invested tax-efficiently into something very much like a Roth IRA, but without the contribution limits nor any withdrawal penalties. I would aggregate the taxable account into your retirement portfolio asset allocation as l...
by livesoft
Thu Sep 03, 2015 11:03 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 1676

Re: A good problem to have

bigred77 wrote:Curious why people are suggesting taxable investing ...?

Because it worked very nicely for me.
by livesoft
Thu Sep 03, 2015 11:01 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 133
Views: 9043

Re: TLH for absolute dummies [Tax Loss Harvesting]

I think he notes that there is a lot of violating the spirit of the law going on, but until legislation addresses it the loophole will remain. So after that 2008-05 Revenue ruling on IRAs affecting wash sales, did the IRS go back and check old tax returns or otherwise retroactively investigate or a...
by livesoft
Thu Sep 03, 2015 10:55 am
Forum: Investing - Theory, News & General
Topic: Comprehensive list of tax loss harvesting partners
Replies: 60
Views: 2927

Re: Comprehensive list of tax loss harvesting partners

I suppose one could scrutinize the public tax returns of political figures for tax-loss harvesting transactions and potential wash sales. If the 4th Estate hasn't jumped all over it, then it is probably not a wash sale. It seems folks walk to point their finger at someplace else for what is not subs...
by livesoft
Thu Sep 03, 2015 10:43 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 1676

Re: A good problem to have

I would build up taxable. I think your 529 plans are overfunded.

If for some reason the taxable account grows too large for you, then withdraw some and pay mortgage, but only if the return on taxable after taxes is double the rate of your mortgage.
by livesoft
Thu Sep 03, 2015 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Fed Rate Hike Question
Replies: 13
Views: 1052

Re: Fed Rate Hike Question

You can check history. When was the last time the Fed raised rates by 0.25%? And what did that bond fund do? What about looking at what happened to that bond fund each and every time the Fed raised rates by 0.25%? This can all be checked out at Morningstar.com pretty easily. Can you do that and tell...
by livesoft
Thu Sep 03, 2015 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Finishing rebalancing, moving forward....
Replies: 6
Views: 464

Re: Finishing rebalancing, moving forward....

What funds are available in the 403(b) that have expense ratios less than 1%?

Are you going to close the Scottrade account and the Fidelity account? They seem like a distraction. You might as well consolidate them at Vanguard.
by livesoft
Thu Sep 03, 2015 10:02 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 133
Views: 9043

Re: TLH for absolute dummies [Tax Loss Harvesting]

The Kitces article is nice, but offers no solutions or answers whatsoever. It does stir the pot which I'm all for, so that's why I like it, but it doesn't resolve anything. It makes worried people more worried and people who don't worry still won't worry after reading it.
by livesoft
Thu Sep 03, 2015 7:06 am
Forum: Investing - Help with Personal Investments
Topic: 401k Fund Selection
Replies: 8
Views: 430

Re: 401k Fund Selection

Do you have other accounts beside this 401(k)? If so, you might be able to use an extended market index fund in one of those accounts. Edit: I see that the Mellon Completion fund is probably an extended market fund. Is it an index fund and what is its expense ratio? Did you read its prospectus? You ...
by livesoft
Thu Sep 03, 2015 6:21 am
Forum: Investing - Theory, News & General
Topic: Nothing is something worth doing
Replies: 22
Views: 1967

Re: Nothing is something worth doing

just frank wrote:Things I cannot unsee: For those RBD's, forget adult diapers, now try livesoft's rebalancing thong! :shock:

I'm going to have to post an image of my "portfolio" when you least expect it.

Go to advanced search