Search found 40036 matches

by livesoft
Mon Aug 03, 2015 3:50 am
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 27
Views: 2784

Re: Is Being a Private Banking Client Worth it?

I use private banking. There is no cost to me. Makes my life so much easier as I can just call one person and she takes care of all my needs. That was quite cryptic and uninformative. I am left guessing that she is like a wife. Better not tell my spouse though because she would like a wife, too, an...
by livesoft
Mon Aug 03, 2015 2:53 am
Forum: Investing - Help with Personal Investments
Topic: What to do with UGMA account after College
Replies: 7
Views: 525

Re: What to do with UGMA account after College

My kids had UGMA accounts started by their grandmother. When they could, they sold the high-fee mutual fund shares in it, closed the account, and used the money. It is just a pile of money much like a checking account or a savings account. They were responsible for reporting the taxes and paying the...
by livesoft
Sun Aug 02, 2015 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with old 401(k) plan termination
Replies: 5
Views: 314

Re: Help with old 401(k) plan termination

The ability to have a 401(k) loan gives one options. One does not need to use that option though. I had my spouse take out a 401(k) loan because it saved money on the fund expenses. Not all 401(k) loans are bad. If you like your fund in your current 401(k), then I would recommend rolling over to you...
by livesoft
Sun Aug 02, 2015 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Moving $$$ from a Regular IRA to a Roth......
Replies: 7
Views: 516

Re: Moving $$$ from a Regular IRA to a Roth......

One can do the multiple conversion to different Roths and then recharacterization to undue the conversions that have lost money or cause too much in taxes. Here is a thread on this technique:
viewtopic.php?t=162635
by livesoft
Sun Aug 02, 2015 3:17 pm
Forum: Personal Consumer Issues
Topic: Where to hike late October-mid November??
Replies: 26
Views: 1211

Re: Where to hike late October-mid November??

Staying in Terlingua will be fine. The accommodations are not stellar, but are serviceable. The only non-Lodge restaurants near BBNP are in Terlingua. There is also great hiking in BB State Park right there, too. Big Bend is HUGE! so there is no way to not have to do driving. Besides you will want t...
by livesoft
Sun Aug 02, 2015 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: 529s and college scholarships
Replies: 10
Views: 840

Re: 529s and college scholarships

So, if your relative's [modified adjusted gross or something like that] income is greater than that, the AOC may not be applicable at all. Also note that 529 plans can be applied to room and board, while AOTC can not use room & board expenses. It is all sort of explained in Pub 970 which is wor...
by livesoft
Sun Aug 02, 2015 2:34 pm
Forum: Personal Consumer Issues
Topic: Swim Goggles for Near-Sighted People
Replies: 18
Views: 1284

Re: Swim Goggles for Near-Sighted People

"Do not...Swim while wearing contact lenses. There is a risk of eye infection from bacteria in swimming pool water, hot tubs, lakes and the ocean" You are probably okay with goggles over the top but really even with goggles you can get a bit of water in your eyes. I know - I used to swim ...
by livesoft
Sun Aug 02, 2015 2:32 pm
Forum: Personal Consumer Issues
Topic: Swim Goggles for Near-Sighted People
Replies: 18
Views: 1284

Re: Swim Goggles for Near-Sighted People

DonCamillo wrote: I found them so much help that as soon as we got back, I went to a dive shop and bought myself a similar mask.

Such masks are great! I just went to the Maui Sport Authority or Walmart and bought one for about $35. I've seen the same masks at dive shops for $100.
by livesoft
Sun Aug 02, 2015 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: 529s and college scholarships
Replies: 10
Views: 840

Re: 529s and college scholarships

TurboTax takes your data and lets you adjust numbers to get the best tax treatment. I suggest that as a starting point. I use it myself to decide how much 529 money to withdraw and how much to just pay to get a tax credit.
by livesoft
Sun Aug 02, 2015 1:26 pm
Forum: Personal Consumer Issues
Topic: Where to hike late October-mid November??
Replies: 26
Views: 1211

Re: Where to hike late October-mid November??

I would suggest Big Bend in March when the flowers are blooming rather than in Oct-Jan. I have been all over Big Bend both backcountry wilderness/desert mountain/snow camping, staying in the Lodge, staying in Terlingua, in Marfa, and all over. What was the problem with accommodations? Are you saying...
by livesoft
Sun Aug 02, 2015 1:17 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

Fresh fish and out-of-season berries are more expensive, but worth it for healthy/happy eating. I tend not to eat expensive out-of-season berries, but when they are in season and less expensive, then I am eating them in massive quantities. For instance, there is a blueberry farm/orchard near us and...
by livesoft
Sun Aug 02, 2015 12:48 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

SamB wrote:It sure sounds like you are counting calories.

Believe me, if I am counting calories it is to keep from losing weight!
by livesoft
Sun Aug 02, 2015 12:11 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

Joey, this morning I did not exercise at much as you did, but I did run 4 miles, then I walked the dog 4 miles, then I did yard work. I am about to take my 2nd shower of the day. Last week, I rode my bike about 20 to 40 miles for each of the week days averaging a slow 18-20 mph (I am not in racing c...
by livesoft
Sun Aug 02, 2015 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss Harvest Help
Replies: 26
Views: 1582

Re: Tax loss Harvest Help

So you didn't like my idea of what to do earlier in the thread? Very interesting. If i had to TLH total market would likely replace with combo of FUSVX and FSEVX. Then you would have FUSVX/FXSIX in both taxable and your 403(b) (after you got rid of FSEVX in the 403(b)). I guess it is kind of like ch...
by livesoft
Sun Aug 02, 2015 8:20 am
Forum: Investing - Theory, News & General
Topic: Why the obsession with Gold?
Replies: 18
Views: 1402

Re: Why the obsession with Gold?

It is pretty clear that folks love to touch and feel their gold and play with it. See this thread: https://www.bogleheads.org/forum/viewtopic.php?p=2569213#p2569213 The obsession is exactly that: an obsession. In a disaster, they would have no clue how to convert their gold into food, water, shelter...
by livesoft
Sat Aug 01, 2015 9:29 pm
Forum: Investing - Theory, News & General
Topic: Zero Interest Rates on I-Bonds
Replies: 20
Views: 2174

Re: Zero Interest Rates on I-Bonds

I think one has to be unemotional about all this. If you can get a better return elsewhere, then cash them in and spend the money. Low interest rates could last quite a long time.
by livesoft
Sat Aug 01, 2015 9:20 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

Just had Chinese/Thai take-out for dinner for 3 adults with enough leftovers for 6 additional adult meals. Cost: $37, so about $4 a meal.
by livesoft
Sat Aug 01, 2015 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring in a few days
Replies: 32
Views: 3697

Re: Retiring in a few days

My impression is that you have no dependents and will not, so that the beneficiary of your life insurance is some charity.
by livesoft
Sat Aug 01, 2015 8:18 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

I have to call B.S. on these threads. The low prices mentioned are usually understated and I don't care if you eat boringly. $8 per day for 2 or 3 people is impossible. If it is possible, the government is wasting a lot of money in assistance. JT I have to call B.S. on these threads. The high price...
by livesoft
Sat Aug 01, 2015 8:10 pm
Forum: Investing - Theory, News & General
Topic: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong
Replies: 31
Views: 2883

Re: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong

My oldest went to one the highest cost of universities in the USA. She changed the windshield washer fluid pump in her mother's car today. To be fair, it was either do that and drive my car all next week or don't do that and drive mom's car all next week. See also: https://www.bogleheads.org/forum/v...
by livesoft
Sat Aug 01, 2015 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard update cost basis after wash sale?
Replies: 8
Views: 552

Re: Does Vanguard update cost basis after wash sale?

My opinion is that this is outside the sphere of Vanguard's competence.
by livesoft
Sat Aug 01, 2015 7:11 pm
Forum: Investing - Theory, News & General
Topic: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong
Replies: 31
Views: 2883

Re: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong

My youngest goes to a state university. Just paid a tuition and fees bill for the upcoming semester … about $4,000.
by livesoft
Sat Aug 01, 2015 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard update cost basis after wash sale?
Replies: 8
Views: 552

Re: Does Vanguard update cost basis after wash sale?

Do you mean if I sell something at Vanguard at a loss, then buy the same thing the next day at Fidelity?
by livesoft
Sat Aug 01, 2015 6:55 pm
Forum: Investing - Theory, News & General
Topic: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong
Replies: 31
Views: 2883

Re: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong

I love learning non-obvious techniques that help me (and others) save on taxes and expense while perhaps increasing savings and return on investments.
by livesoft
Sat Aug 01, 2015 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Slate Article: Dream on Babyboomers-Semiretirement is a Myth
Replies: 53
Views: 8149

Re: Slate Article: Dream on Babyboomers-Semiretirement is a Myth

Taken together, these five references provide a balanced view illustrating the author's premise that: (a) people should not expect working well into their 60s and 70s (b) people have not accumulated enough to retire at 65 Maybe not. (a) people should not expect working well into their 60s and 70s b...
by livesoft
Sat Aug 01, 2015 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: What to do when approaching retirement and 90% is in taxable account
Replies: 7
Views: 1420

Re: What to do when approaching retirement and 90% is in taxable account

The taxable account will actually reduce her taxes a great deal. If she had only tax-advantaged accounts, I think her taxes would definitely go up. So just invest tax-efficiently in the taxable account. For instance, realized long-term capital gains would be taxed at 15% and not at 28%. Qualified di...
by livesoft
Sat Aug 01, 2015 5:43 pm
Forum: Investing - Theory, News & General
Topic: Which is more optimal in retirement? Total return vs. income investing
Replies: 26
Views: 1884

Re: Which is more optimal in retirement? Total return vs. income investing

Total Return is better for a taxable investor because Vanguard has said so over and over and over. https://personal.vanguard.com/pdf/s352.pdf https://personal.vanguard.com/pdf/s557.pdf http://vanguard.com/pdf/icrria.pdf But a dissent http://www.advisorperspectives.com/newsletters10/pdfs/Flaws_in_Van...
by livesoft
Sat Aug 01, 2015 3:26 pm
Forum: Personal Consumer Issues
Topic: Swim Goggles for Near-Sighted People
Replies: 18
Views: 1284

Re: Swim Goggles for Near-Sighted People

I have speedo vanquisher optical swim goggles purchased online with prescription for about $12. I use them with whitewater sports. Otherwise I would wear my prescription sunglasses. I have never had contacts.

My kids and spouse have contact lenses and use prescription-less goggles.
by livesoft
Sat Aug 01, 2015 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll my 401k to Wells Fargo or Fidelity?
Replies: 12
Views: 739

Re: Should I roll my 401k to Wells Fargo or Fidelity?

OK, you clearly should move your 401(k) to TDAmeritrade. :twisted: because I don't think it has been mentioned in this thread.
by livesoft
Sat Aug 01, 2015 2:46 pm
Forum: Investing - Theory, News & General
Topic: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong
Replies: 31
Views: 2883

Re: Saving for College vs. Saving for Retirement: Why the Conventional Wisdom Is Wrong

itstoomuch wrote:See my previous post.

I will take this opportunity to write that I have not understood more than half your posts and that will probably continue into the foreseeable.
by livesoft
Sat Aug 01, 2015 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll my 401k to Wells Fargo or Fidelity?
Replies: 12
Views: 739

Re: Should I roll my 401k to Wells Fargo or Fidelity?

As many folks know, I am a customer of WellsFargo and have the free trade deal. I am also a customer of Fidelity and of Vanguard, so I know exactly how all these firms work. If you have the free trade deal at WF, then that's the place to put your money. Others have given positive reviews in this thr...
by livesoft
Sat Aug 01, 2015 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss Harvest Help
Replies: 26
Views: 1582

Re: Tax loss Harvest Help

Ok, just think this through. What would you do on Monday if you needed to TLH your total market index fund in your taxable account?
by livesoft
Sat Aug 01, 2015 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Planning for a lower income year?
Replies: 8
Views: 613

Re: Planning for a lower income year?

With prop taxes of $56K and state income taxes, no bunching of deductions for you! :)
by livesoft
Sat Aug 01, 2015 10:19 am
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

Yes, that is through the roof. At more than $30 a day one could have take-out delivered every day and eat cheaper. Even setting aside the question of whether it's possible to have a healthy diet this way, I don't think 3 people can eat takeout 3 meals a day for $32, especially in NYC. We've been th...
by livesoft
Sat Aug 01, 2015 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Planning for a lower income year?
Replies: 8
Views: 613

Re: Planning for a lower income year?

I stopped working last year, so this year is a low-income year for me. I have made many plans most of them I outlined in this thread: https://www.bogleheads.org/forum/viewtopic.php?t=87471 I will say this though: There is probably no reason to do anything special in the first 9 months of the year ex...
by livesoft
Sat Aug 01, 2015 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss Harvest Help
Replies: 26
Views: 1582

Re: Tax loss Harvest Help

You all are making this way too complicated. There is only a single overlapping fund in the OP's accounts and that is Extended Market Index. I will make it simple for the OP: When you have a loss you want to harvest in Extended Market Index in your taxable account, post a new thread about it. But le...
by livesoft
Sat Aug 01, 2015 8:48 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 479
Views: 67438

Re: What are you up YTD? [Year To Date]

Just finished monthly net worth calculations and the size of my investment portfolio has increased 6.98% since Jan 1st. Thanks for the update and congratulations, you are having a great year. Maybe not. Perhaps they contributed an additional 20% to their portfolio this year which would increase net...
by livesoft
Sat Aug 01, 2015 8:42 am
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

I already have lunch made: Salad with steak. Dog got a nice bone last night and is about to get a great walk. Don't walk him too hard. It makes the meat tough! JT He is a special breed, so when we cut off a leg to eat, it grows back quickly like a starfish leg. And pet food is pretty inexpensive fo...
by livesoft
Sat Aug 01, 2015 8:39 am
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

If you eat fresh foods, it adds up. Yeah I could live on oatmeal, dried fruits, nuts, beans, frozen fish and veggies, but who wants to if you don't have to? Yuk. I completely agree. But you know that yogurt you are eating is technically "spoiled" food and not fresh. :) I had sushi for lun...
by livesoft
Sat Aug 01, 2015 7:35 am
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

I just cooked and ate my breakfast. Gluten-free. Probably organic. It cost less than 50 cents. Oatmeal, water, a few dried cranberries, a few walnuts (already shelled, but crushed in my hand for the exercise) and a small glass of milk. That's my first meal of the month. I already have lunch made: Sa...
by livesoft
Sat Aug 01, 2015 6:37 am
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 104
Views: 5893

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

Yes, that is through the roof. At more than $30 a day one could have take-out delivered every day and eat cheaper.
by livesoft
Sat Aug 01, 2015 6:13 am
Forum: Investing - Theory, News & General
Topic: Financial Advisor v. Bogle Approach?
Replies: 28
Views: 1810

Re: Financial Advisor v. Bogle Approach?

I think it is not that the advisor/sales rep will select better investments than an index mutual fund that you could invest in yourself. I think it that the advisor/sales rep/roboadvisor believe they can overcome the bad behaviors of investors who many places claim continually hurt themselves by not...
by livesoft
Fri Jul 31, 2015 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Build a portfolio or stick with target date fund?
Replies: 10
Views: 1001

Re: Build a portfolio or stick with target date fund?

I would contribute the maximum possible to the 403(b) which is $18,000 before I contributed to a Roth or 529 plans.
by livesoft
Fri Jul 31, 2015 6:02 pm
Forum: Personal Consumer Issues
Topic: Retirees: Questions you hate being asked
Replies: 72
Views: 5466

Re: Retirees: Questions you hate being asked

Nothing bugs me and I enjoy talking to people. However, they may get annoyed by me because I usually ask "Why are you still working?"
by livesoft
Fri Jul 31, 2015 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Build a portfolio or stick with target date fund?
Replies: 10
Views: 1001

Re: Build a portfolio or stick with target date fund?

But you could save more than 0.5% a year out of $180K or say about $1,000 a year (and growing) by building your own portfolio. Thus, I suggest you build your own portfolio. It would be like getting a raise or a larger match to your 403(b).
by livesoft
Fri Jul 31, 2015 3:08 pm
Forum: Investing - Theory, News & General
Topic: Questions regarding Tax-Loss Harvesting
Replies: 5
Views: 300

Re: Questions regarding Tax-Loss Harvesting

Here's what I don't get: Do capital losses come in short and long term varieties, like capital gains does? Yes, they do. Wouldn't your tax savings be reduced by the commission on selling and buying your shares? No, just the opposite. Your cost basis is increased by the commission to buy, but your s...
by livesoft
Fri Jul 31, 2015 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor Self Interest?
Replies: 15
Views: 911

Re: Advisor Self Interest?

I was talking to a rep today about how they get compensated even if one had only free-trades and nothing with commissions. They said that they get bonuses based on value of money brought in. So just acquiring your assets they would get more pay. It looks to me like the first 2 Fidelity Spartan funds...
by livesoft
Fri Jul 31, 2015 2:32 pm
Forum: Investing - Theory, News & General
Topic: SMAs vs mutual funds
Replies: 6
Views: 383

Re: SMAs vs mutual funds

My spouse's 401k must have the SMA option. I call it the Bernie Madoff option. The advisor can do anything they want to and one would have no clue what they were doing. At least in her 401k if one picks that option, there is no way to fit one's 401k investments into an overall plan with one's non-40...
by livesoft
Fri Jul 31, 2015 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs. Fidelity vs. Vanguard for Advisor Custodian Account
Replies: 15
Views: 840

Re: Schwab vs. Fidelity vs. Vanguard for Advisor Custodian Account

My impression is that advisors like to use a "platform" for all their clients. The platform is usually Schwab or TDAmeritrade. I think Vanguard may be trying to break into that business. So one may not have a choice. If the advisor says they use Schwab, then you pretty much have to use Sch...
by livesoft
Fri Jul 31, 2015 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Form 5500 - Ez questions
Replies: 18
Views: 1099

Re: Form 5500 - Ez questions

kareysue wrote:I was wondering regarding 2R. Since vanguard brokerage accounts only let you purchase vanguard funds would 2R still apply?

Vanguard brokerage accounts certainly let one purchase all kinds of non-Vanguard investments, ETFs, funds, etc. I'm think there must be some confusion here.

Go to advanced search