Search found 36111 matches

Return to advanced search

Re: FIFO/Specific Share question

FIFO is a subset of specific ID where the first shares in were specifically identified as the shares sold …. Unless Average cost was used as the basis. Average cost also forces first-in/first-out. So if one specifices FIFO, do they mean use Average basis or do they mean use the actual cost of the sh...
by livesoft
Thu Jan 29, 2015 11:12 am
 
Forum: Investing - Help with Personal Investments
Topic: FIFO/Specific Share question
Replies: 3
Views: 50

Re: turbotax: foreign bank interest ?

I agree, they need an option for

Interest to report without a 1099-INT

Or they could do

Add more Interest to report …
Then eventually on a future page, "I have a 1099-INT for this interest" and "I do not have a 1099-INT for this interest"
by livesoft
Thu Jan 29, 2015 8:24 am
 
Forum: Personal Finance (Not Investing)
Topic: turbotax: foreign bank interest ?
Replies: 13
Views: 548

Re: Income on credit card application for high assets/low in

Since you can always apply for other credit cards, why not simply tell the truth on this application: Retired, no salary.

Or you can call up the credit card company and ask them. Or call up a different credit card company and ask them. Please report back what they told you, thanks!
by livesoft
Thu Jan 29, 2015 8:21 am
 
Forum: Personal Finance (Not Investing)
Topic: Income on credit card application for high assets/low income
Replies: 17
Views: 487

Re: traditional v. roth IRA

I would investigate the following: Contribute to traditional IRA (if deductible) to stay in lower tax bracket, then convert that money to a Roth IRA in the near future when your tax bracket still stays small with the conversion included. Also consider putting more into the 403(b).
by livesoft
Thu Jan 29, 2015 8:17 am
 
Forum: Investing - Help with Personal Investments
Topic: traditional v. roth IRA
Replies: 11
Views: 676

Re: cvt transmissions

Has anybody noticed that they get less engine breaking with a CVT when they take their foot off the accelerator pedal?
by livesoft
Thu Jan 29, 2015 7:46 am
 
Forum: Personal Consumer Issues
Topic: cvt transmissions
Replies: 26
Views: 1053

Poll: Do you contribute max to tax-advantaged before 529?

For those who contribute to 529 plans, I was wondering if they also contribute the typical maximums allowed to their non-529 tax-advantaged accounts in the same year or at the same time. Note that folks who are not eligible to contribute to tax-advantaged accounts would use a value of $0.00 for that...
by livesoft
Thu Jan 29, 2015 7:41 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you contribute max to tax-advantaged before 529?
Replies: 8
Views: 422

Re: cvt transmissions

My spouse has a 2006 ford with cvt. It has had no work done on the transmission. The car is a piece of s..t.
by livesoft
Wed Jan 28, 2015 10:01 pm
 
Forum: Personal Consumer Issues
Topic: cvt transmissions
Replies: 26
Views: 1053

Re: Withdrawal Strategy

This was be a terrible mistake on your part. The sustained withdrawal rate from a portfolio for retirees is in the 3% to 5% range annually. That includes fees, expense ratios, money paid to an advisor, and taxes. If the advisor is taking 1% and their funds are taking 1%, that means 2% of about 4% is...
by livesoft
Wed Jan 28, 2015 9:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Strategy
Replies: 9
Views: 533

Re: 100% of international in taxable limits taxless rebalanc

Not quite. Int'l funds pay out distributions each year. In 2014, they paid out about 2% to 3%, so that by itself reduces the value by 2% to 3% a year. If one needs to add to int'l, then add that back it. If one does not, then buy something else with the dividends that your int'l funds distribute. On...
by livesoft
Wed Jan 28, 2015 8:57 pm
 
Forum: Investing - Theory, News & General
Topic: 100% of international in taxable limits taxless rebalancing?
Replies: 6
Views: 392

Re: Should mom transfer house title before dying or in will?

It is better for you and mom to keep the house in her name and not to transfer title to you before she dies.
by livesoft
Wed Jan 28, 2015 7:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should mom transfer house title before dying or in will?
Replies: 15
Views: 1325

Re: Roth vs. Traditional 401K - with a twist

If one is covered/eligible for 401(k) employer plans, then one cannot make deductible tIRA contributions unless their income is low. You are not eligible for deductible tIRA contributions, so that only leaves you with possible Roth IRA contributions.
by livesoft
Wed Jan 28, 2015 7:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401K - with a twist
Replies: 17
Views: 867

Re: turbotax: foreign bank interest ?

There is no hack around it. How do you report other interest that doesn't have a 1099-INT? TubboTax doesn't tell me. :annoyed If you use the help feature, then it probably does tell you. https://ttlc.intuit.com/questions/2145067-did-not-recieve-any-1099-int-forms One can even specifically ask about...
by livesoft
Wed Jan 28, 2015 5:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: turbotax: foreign bank interest ?
Replies: 13
Views: 548

Re: What age did you move out?

Left at 18, returned for 3 months the next summer and then never lived with parents again.
by livesoft
Wed Jan 28, 2015 5:13 pm
 
Forum: Personal Consumer Issues
Topic: What age did you move out?
Replies: 95
Views: 3628

Re: Workplace net worth conversations you'd like to avoid?

I have never been involved in a net worth conversation at work, so this whole thread seems weird to me. One almost never knows what the spouse it doing, whether one received an inheritance, or whatever. People like to hide what they have, too. My spouse will not drive the nice car to her work and wi...
by livesoft
Wed Jan 28, 2015 4:22 pm
 
Forum: Personal Consumer Issues
Topic: Workplace net worth conversations you'd like to avoid?
Replies: 57
Views: 4115

Re: Roth vs. Traditional 401K - with a twist

Now that I know you are in NYC and will leave, I think it is even more compelling to use the traditional 401(k) and not the Roth 401(k). Can you see how NY state and city income taxes figure into the decision? I would also suggest maximizing 401(k) contributions before doing any Roth IRA contributio...
by livesoft
Wed Jan 28, 2015 4:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401K - with a twist
Replies: 17
Views: 867

Re: Roth vs. Traditional 401K - with a twist

Oops, you're right, I was looking at 2014 numbers for tax brackets. It looks like the bottom of the 28% bracket for 2015 is $151K. Anyway, would you care to expand on why you prefer the traditional 401K in our situation? From what I've been reading, it seems like Roth is a better choice at our ages...
by livesoft
Wed Jan 28, 2015 1:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401K - with a twist
Replies: 17
Views: 867

Re: turbotax: foreign bank interest ?

There is no hack around it. How do you report other interest that doesn't have a 1099-INT?
by livesoft
Wed Jan 28, 2015 1:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: turbotax: foreign bank interest ?
Replies: 13
Views: 548

Re: Roth vs. Traditional 401K - with a twist

Traditional 401(k) all the way. I am not sure you have the tax bracket cutoffs correct. Don't forget it is taxable income and not gross income nor adjusted gross income that decides one's marginal income tax bracket. In fact, I would contribute the maximums to your traditional 401(k)s before I even ...
by livesoft
Wed Jan 28, 2015 1:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401K - with a twist
Replies: 17
Views: 867

Re: Took the GRE test

A Masters in Computer Science or Theoretical Physics would some sense.
by livesoft
Wed Jan 28, 2015 1:01 pm
 
Forum: Personal Consumer Issues
Topic: Took the GRE test [- Suggest a masters degree]
Replies: 35
Views: 1767

Re: Critique of Fidelity Index Portfolio

The typo is that former and latter are switched. :)
by livesoft
Wed Jan 28, 2015 1:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Critique of Fidelity Index Portfolio
Replies: 28
Views: 1245

Re: turbotax: foreign bank interest ?

Many accounts will give you interest such as your checking account and the interest will be low such as $0.57 for the entire year. That interest is reportable on your Schedule B, but the bank will not give you a 1099-INT for it either. You just report that interest there on Schedule B. One does not ...
by livesoft
Wed Jan 28, 2015 12:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: turbotax: foreign bank interest ?
Replies: 13
Views: 548

Re: Thinking of switching from Turbo-Tax

I got TaxAct free download. Then I got TurboTax free download. Price is the same. I guess until TurboTax raises their prices, I will continue to use them.
by livesoft
Wed Jan 28, 2015 12:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Thinking of switching from Turbo-Tax
Replies: 23
Views: 1254

Re: Critique of Fidelity Index Portfolio

I corrected federal tax rate is 33% Also note that the traditional (regular) IRAs are no longer eligible for deductible contributions with your AGI, but you can do the backdoor Roths for both of you. Note that the catch-up contribution(s) applies here as well for folks who will be age 50 on the las...
by livesoft
Wed Jan 28, 2015 12:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: Critique of Fidelity Index Portfolio
Replies: 28
Views: 1245

Re: Critique of Fidelity Index Portfolio

I would not use a Roth 401(k), but I would use Roth IRAs. If someone is able to save/invest $172K a year, it has to come from somewhere, so I find it interesting that the tax-bracket is stated as 25%, but I suppose it could be possible. It also seems that you are unaware of the so-called back-door R...
by livesoft
Wed Jan 28, 2015 12:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Critique of Fidelity Index Portfolio
Replies: 28
Views: 1245

Re: Question Total International vs FTSE ex US large & small

The small-cap fund has not existed for 10 years. Something happened in 2008-early 2009 which affect the results, too. The composition of VTIAX has changed over the years, so I don't think comparison to older data is legitimate.
by livesoft
Wed Jan 28, 2015 9:10 am
 
Forum: Investing - Help with Personal Investments
Topic: Question Total International vs FTSE ex US large & small
Replies: 2
Views: 285

Re: Play money- what is your process?

I have to respond that what I described is not very risky compared to some of the other things presented in this thread. There is no chance that VTI will drop to zero during the few hours that I underweight or overweight it. Furthermore, whenever someone rebalances their portfolio and makes a buy or...
by livesoft
Wed Jan 28, 2015 8:22 am
 
Forum: Investing - Help with Personal Investments
Topic: Play money- what is your process?
Replies: 44
Views: 2817

Re: Why do brokerages give commission free-etfs

I think it is more expensive for them to keep track of a cheap commission than it is to give away the service. Plus capturing assets is a big plus for them. Brokerages make lots of money on the spread between what they earn on interest and what they pay on interest for money uninvested that is held ...
by livesoft
Wed Jan 28, 2015 8:10 am
 
Forum: Investing - Theory, News & General
Topic: Why do brokerages give commission free-etfs
Replies: 19
Views: 1639

Re: Interview question...salary

I'm laughing because HR is thinking you are withholding information from them.
by livesoft
Tue Jan 27, 2015 9:01 pm
 
Forum: Personal Consumer Issues
Topic: Interview question...salary
Replies: 23
Views: 2335

Re: Payoff Mortgage with investments in taxable accounts

I think you would be very wrong about investments doing worse than your mortgage interest. Try this compromise: Invest and do not pay off your mortgage for now, but when your investment return 10% annualized, then cash in and pay off the mortgage. Or instead of 10%, make it higher. That's the beauty...
by livesoft
Tue Jan 27, 2015 8:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage with investments in taxable accounts
Replies: 22
Views: 1543

Re: Vanguard's Recommended Portfolio

So Livesoft, would you just cut out the intermediate-term corporate fund altogether? I was kind of thinking the other way -- cut out the short-term corporate bond fund since we've got a while until retirement. I don't know how out of whack that'll make our portfolio with the market, and how much mo...
by livesoft
Tue Jan 27, 2015 8:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Recommended Portfolio
Replies: 16
Views: 1989

Re: Vanguard's Recommended Portfolio

It's all a matter of opinion rather than anything based on any kind of absolute knowledge of the future. So my opinion is to have half short-term corporate bond index and TIAA traditional annuity and the other half in US total bond market index. I guess my opinion is almost as valid as anybody else'...
by livesoft
Tue Jan 27, 2015 8:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Recommended Portfolio
Replies: 16
Views: 1989

Re: Anticipating the pain

What are you talking about? Markets hardly moved at all today.
by livesoft
Tue Jan 27, 2015 6:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Anticipating the pain [of one day portfolio drop]
Replies: 13
Views: 1657

Re: Where to get medallion signature guarantee

I checked with Chase... I could open an account with them for 30 days...I was hoping to make it free checking but they want a $1,500 balance for that...I'd like to be a legitimate customer so as to have this service in the future but they really make it hard! $10/month checking fee forever so I'd h...
by livesoft
Tue Jan 27, 2015 6:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where to get medallion signature guarantee
Replies: 31
Views: 2281

Re: Best Personal Finance/Budgeting Online tool for a Newbie

A credit card. Charge everything to the same credit card and pay it off every month. Stop using any cash or checks. The credit card statement will instantly tell you where all your money goes. How do you set up a budget to control spending and become a better steward of your money with a credit car...
by livesoft
Tue Jan 27, 2015 4:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Best Personal Finance/Budgeting Online tool for a Newbie?
Replies: 15
Views: 866

Re: Bring USD to Louisiana USA from Philippines

I would not bring money on my person on a plane. I would simply arrange for a wire transfer after establishing myself in Shreveport. Will you be able to do that?

It seems you should be able to sit down with your banker and come up with a solution.
by livesoft
Tue Jan 27, 2015 3:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bring USD to Louisiana USA from Philippines
Replies: 17
Views: 1448

Re: File FAFSA with 7 figure non-retirement portfolio?

I worked for a non-profit for many years. Development makes no distinction about one's wealth when it comes to phone calls. Everybody is a prospect because you never really know who will have money in the future. And colleges and universities know this extremely well. I think there was a guy called ...
by livesoft
Tue Jan 27, 2015 3:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: File FAFSA with 7 figure non-retirement portfolio?
Replies: 41
Views: 5027

Re: Play money- what is your process?

OK, just bought some VTI a moment ago. To get the money to buy VTI, I had to sell some VCSH. OK, just a moment ago sold as much as I bought earlier in the day. VTI has already climbed higher than my sell price, $105.282, but I made a nice 3-figure amount while grocery shopping, eating lunch, making...
by livesoft
Tue Jan 27, 2015 3:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: Play money- what is your process?
Replies: 44
Views: 2817

Re: MF dividends Vanguard taxable account

I just download the 1099DIVs into my tax software and let it do whatever. When I do that, I get a single line on Schedule B for each broker and not for each fund. But I don't think it matters how you do it. One line or multiple, the IRS does not really care. The IRS does check the sum of your 1099DI...
by livesoft
Tue Jan 27, 2015 1:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: MF dividends Vanguard taxable account
Replies: 2
Views: 311

Re: Play money- what is your process?

OK, lunch money has been made. Should I sell now or wait until later in the day? I just don't know. Also note that it would be practically impossible to backtest this "method" because it is not really a method, is it? Maybe put in a limit order for 0.3% higher than the market is now and a...
by livesoft
Tue Jan 27, 2015 1:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Play money- what is your process?
Replies: 44
Views: 2817

Re: New baby college planning advice needed

Welcome to the forum. The Roth IRA is the way to go, but perhaps not for the reasons you are thinking. College saving for newborns is a frequent topic on the forum, so check out one of the most recent discussions:
viewtopic.php?f=1&t=155525
by livesoft
Tue Jan 27, 2015 12:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: New baby college planning advice needed
Replies: 5
Views: 758

Re: Play money- what is your process?

OK, lunch money has been made. Should I sell now or wait until later in the day? I just don't know.

Also note that it would be practically impossible to backtest this "method" because it is not really a method, is it?
by livesoft
Tue Jan 27, 2015 12:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Play money- what is your process?
Replies: 44
Views: 2817

Re: How do you rebalance with overlapping funds?

M* and Vanguard have different definition of emerging. Two countries in particular may be different: Taiwan and South Korea.

As for overlapping funds, I wrote how I do exactly that in this thread:
http://www.bogleheads.org/forum/viewtop ... 1&t=150267
by livesoft
Tue Jan 27, 2015 12:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do you rebalance with overlapping funds?
Replies: 4
Views: 320

Re: Play money- what is your process?

For those of us with play money/accounts, is anyone willing to share how their play account/strategy is doing? For example, Google Spreadsheet lets you publish your data in a read-only format so that others can see what you are doing. If nothing else, the BH community can keep you honest so that yo...
by livesoft
Tue Jan 27, 2015 12:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Play money- what is your process?
Replies: 44
Views: 2817

Re: Best Personal Finance/Budgeting Online tool for a Newbie

A credit card. Charge everything to the same credit card and pay it off every month. Stop using any cash or checks. The credit card statement will instantly tell you where all your money goes.
by livesoft
Tue Jan 27, 2015 12:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Best Personal Finance/Budgeting Online tool for a Newbie?
Replies: 15
Views: 866

Re: Play money- what is your process?

OK, just bought some VTI a moment ago. To get the money to buy VTI, I had to sell some VCSH.
by livesoft
Tue Jan 27, 2015 11:31 am
 
Forum: Investing - Help with Personal Investments
Topic: Play money- what is your process?
Replies: 44
Views: 2817

Re: TD Ameritrade HSA Options

Look at your transactions. Were you charged a commission? I know when one enters a trade, it definitely shows the commission if there is one before one confirms. And yes, I think there is a way on the web site to see if one is signed up, but I have to go walk the dog now, so don't have time to check.
by livesoft
Tue Jan 27, 2015 9:20 am
 
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade HSA Options
Replies: 13
Views: 780

Re: Ketogenic Diet anyone?

Nope, I do not do the high fat, low carb, adequate protein diet. One needs to know that in one's body different genes are expressed to different degrees depending on what one gives their body. Different genes are also expressed to different degrees depending on how one exercises. It takes time for a...
by livesoft
Tue Jan 27, 2015 9:09 am
 
Forum: Personal Consumer Issues
Topic: Ketogenic Diet anyone?
Replies: 22
Views: 1114

Re: TD Ameritrade HSA Options

If one is already buying only the "commission free ETFs"; do we still have to "sign up" for this? Thanks This is a bit scary that apparently people are not looking to see if they are charged commissions. The answer to your question is "Yes, if you do not wish to pay a commi...
by livesoft
Tue Jan 27, 2015 9:00 am
 
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade HSA Options
Replies: 13
Views: 780

Re: Question on investing/ personal finance newsletters....

The Bogleheads wiki has a list of "blogs" which have replaced the functions of newsletters of the ancient days:
http://www.bogleheads.org/wiki/Financia ... _and_blogs
by livesoft
Tue Jan 27, 2015 8:58 am
 
Forum: Investing - Theory, News & General
Topic: Question on investing/ personal finance newsletters....
Replies: 7
Views: 575

Re: Short Term TIPS vs. Intermediate Term Funds

Here are some links pertinent to your question From: https://www.bogleheads.org/forum/viewtopic.php?p=1746909#p1746909 (July 2013) Lots of chatter about all this as bond funds lost a little money in the past month. However, this week, they may end up recovering all their losses. I think some of the ...
by livesoft
Tue Jan 27, 2015 8:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Short Term TIPS vs. Intermediate Term Funds
Replies: 8
Views: 840
Next

Return to advanced search