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Re: Write-off capital loss against capital gains?

One can write-off a realized capital loss against ordinary income, but only at a pace of $3,000 per tax year with any excess capital loss carried over to the next tax to year to be used again (at the $3,000 per year pace). One can write-off a realized capital loss against realized capital gains, too...
by livesoft
Tue Oct 21, 2014 10:42 am
 
Forum: Personal Finance (Not Investing)
Topic: Write-off capital loss against capital gains?
Replies: 6
Views: 170

Re: Benefits to a larger than necessary house (as children g

I have some personal experience in this area. As already noted, a larger house, a larger yard, and even a fence will not be that helpful and will exasperate the situation. Hire a maid to clean to house every week. Hire someone to help with child care too, if needed. I think the maid(s) will be helpf...
by livesoft
Tue Oct 21, 2014 9:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Benefits to a larger than necessary house (as children grow)
Replies: 22
Views: 2110

Re: Can a homemaker use a Roth & i401k?

As long as the married couple has income (compensation) to cover their Roths, both spouses can ocntribute to a Roth. The compensation can come from either one or both of them. You might search on "spousal IRA".
by livesoft
Tue Oct 21, 2014 7:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Can a homemaker use a Roth & i401k?
Replies: 7
Views: 304

Re: UGMA Custodial Account Redemption

OK, invested in VAFAX. Is the VAFAX in a variable annuity in a UGMA custodial account at Primerica?
by livesoft
Mon Oct 20, 2014 8:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: UGMA Custodial Account Redemption
Replies: 5
Views: 323

Re: funding roth ira for son

Your son should put on his big boy pants and do this himself. I made my son open an account on line at Vanguard, fill in the info, set up ACH transfers from his own checking account with Vanguard, send in the W9 with proof of his identity, etc. Your son will probably come home at Thanksgiving or Chr...
by livesoft
Mon Oct 20, 2014 7:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: funding roth ira for son
Replies: 7
Views: 528

Re: UGMA Custodial Account Redemption

Find out what the account is invested in. It is possible that it is invested in a variable annuity. That might mean that taxes were not due in the past. It might also mean a withdrawal penalty. Find out.
by livesoft
Mon Oct 20, 2014 5:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: UGMA Custodial Account Redemption
Replies: 5
Views: 323

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

Will this have any other impact on my taxes in the future? Or would it simply be if did this exchange today and sold at any point in the next year for a profit, I'd owe short term capital gains? Also, I'm 31, so a lot of time horizon left. Would it be safe to assume at some point in the next 20 yea...
by livesoft
Mon Oct 20, 2014 11:31 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 13
Views: 808

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

nobsinvestor wrote:Would it be considered a wash sale if one sold VTIAX and bought the Fidelity or Schwab Total International Market Index? Does the IRS consider that to be the same type of security so to speak?

That controversial with no known answer.
by livesoft
Mon Oct 20, 2014 11:24 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 13
Views: 808

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

Here is simple:

Exchange all loser shares of VTIAX to VFWAX now. Do nothing else.
Exchange all loser shares of VTSAX to VLCAX now. Do nothing else.
by livesoft
Mon Oct 20, 2014 11:20 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 13
Views: 808

Re: What's wrong with dividend ETF's in a taxable account?

Even tax-efficient investments such as VTI, VEA, VWO, and VXUS pay dividends. There is nothing wrong with that. Indeed, dividends in a taxable account are very difficult to avoid. One would like such dividends to be so-called "qualified" dividends taxed at a favorable rate.
by livesoft
Mon Oct 20, 2014 11:16 am
 
Forum: Investing - Theory, News & General
Topic: What's wrong with dividend ETF's in a taxable account?
Replies: 4
Views: 344

Re: VWRL a great buy right now?

I would not consider it a "great buy", but if your asset allocation says that you need more VWRL, then it would not be a bad buy right now.
by livesoft
Mon Oct 20, 2014 9:45 am
 
Forum: Investing - Theory, News & General
Topic: VWRL a great buy right now? [Vanguard FTSE All-World ETF]
Replies: 6
Views: 644

Re: How do so many HCEs contribute the max to 401k

So at the end of the day there isn't much risk here. Worst case scenario is I get a check back and pay taxes that I would have paid anyway. Best case, my company passes the test and I keep the money in. Right? Right. This assumes that your company accountants are competent and will issue you a chec...
by livesoft
Mon Oct 20, 2014 9:40 am
 
Forum: Investing - Help with Personal Investments
Topic: How do so many HCEs contribute the max to 401k
Replies: 20
Views: 1524

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

Your plan is not what I would do. First, you should know when dividends are paid by these funds and when or if they were just paid. You don't have to turn off dividend re-investment because there will not be any dividends to be paid for a while. Second, if after 31 days of the purchase of the new re...
by livesoft
Mon Oct 20, 2014 9:33 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 13
Views: 808

Re: How do so many HCEs contribute the max to 401k

Debating whether or not I should kick it up to 50% for the rest of the year and see what happens. Does anyone have any experience with over contributing as a HCE? I have overcoontributed in the past. Here is what happens: The 401(k) plan conducts an audit in March or later. The plan administrator d...
by livesoft
Mon Oct 20, 2014 9:22 am
 
Forum: Investing - Help with Personal Investments
Topic: How do so many HCEs contribute the max to 401k
Replies: 20
Views: 1524

Re: How do so many HCEs contribute the max to 401k

A decent company match can help the non-HCEs contribute enough so that the HCEs can contribute the max. A so-called safe-harbor 401(k) plan will have the employer make enough contributions for non-HCEs so that HCEs can contribute the max. Here is a pdf link about safe harbor plans: https://www.lfg.c...
by livesoft
Sun Oct 19, 2014 10:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do so many HCEs contribute the max to 401k
Replies: 20
Views: 1524

Re: When to think about tax lost harvesting

I enjoy tax-loss harvesting at the biggest loss for the year whether in December or earlier. The trick is to do it at the low point of the market for the year. That way, your replacement shares (whatever they are) will not need to TLH'd for quite some time if ever.
by livesoft
Sun Oct 19, 2014 5:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: When to think about tax lost harvesting
Replies: 8
Views: 721

Re: POLL: How fulfilling is your retirement?

I had high expectations and it is about what I expected. One may say, that I had made some plans.
by livesoft
Sun Oct 19, 2014 9:17 am
 
Forum: Personal Finance (Not Investing)
Topic: POLL: How fulfilling is your retirement?
Replies: 27
Views: 2030

Re: Missing Dividend Payment Information

Perhaps look at the reported returns for funds that you are not using?
by livesoft
Sat Oct 18, 2014 2:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Missing Dividend Payment Information
Replies: 25
Views: 1344

Re: Thoughts on Paul Merriman's Portfolio

A Merriman portfolio was the 'inspiration' for a very long and useful thread:
viewtopic.php?t=38374

So lots of thoughts about it in that thread.
by livesoft
Sat Oct 18, 2014 2:01 pm
 
Forum: Investing - Theory, News & General
Topic: Thoughts on Paul Merriman's Portfolio
Replies: 38
Views: 2210

Re: How do spreads work on highly illiquid and liquid ETFs?

Some of the ETFs talked about in the forum did not exist in 2008. I had no problems with the ones I used at that time.

Some other threads to read:
viewtopic.php?t=42941
viewtopic.php?f=10&t=148318
by livesoft
Sat Oct 18, 2014 1:56 pm
 
Forum: Investing - Theory, News & General
Topic: How do spreads work on highly illiquid and liquid ETFs?
Replies: 11
Views: 411

Re: How do spreads work on highly illiquid and liquid ETFs?

Fair enough, but like I was asking, would there ever be any reason why I'd go and purchase X amount of VTI, VXUS, or FM, and instead of getting 1 share for the stated price, I'd have to pay slightly more for bid/ask reasons? Yes, if you submit a market order to buy for one share, you have to pay sl...
by livesoft
Sat Oct 18, 2014 1:38 pm
 
Forum: Investing - Theory, News & General
Topic: How do spreads work on highly illiquid and liquid ETFs?
Replies: 11
Views: 411

Re: How do spreads work on highly illiquid and liquid ETFs?

ETFs are very highly illiquid when the stock market is closed such as on a weekend. Thus a spread of 1.72% is basically not real and probably just derived from a so-called stub quote. Revisit this thread when the market is open, say about 15 minutes after that and tell us the spreads that you see th...
by livesoft
Sat Oct 18, 2014 1:36 pm
 
Forum: Investing - Theory, News & General
Topic: How do spreads work on highly illiquid and liquid ETFs?
Replies: 11
Views: 411

Re: "I've had it" at work - how often

Maybe I was the guy creating the BS, so I never felt this way. Instead of saying "I've had it" I got others around me to adjust.
by livesoft
Sat Oct 18, 2014 1:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: "I've had it" at work - how often
Replies: 129
Views: 9540

Re: What tax software do you use and why

@dodecahedron, I was not able to download from Fidelity all the numbers needed for my tax return because Fidelity did not bother to create a 1099INT and 1099DIV for accounts with low values for interest and dividends. Fidelity did not even create nor send out a 1099INT nor a 1099DIV for this income ...
by livesoft
Sat Oct 18, 2014 10:28 am
 
Forum: Personal Finance (Not Investing)
Topic: What tax software do you use and why
Replies: 44
Views: 1874

Re: Missing Dividend Payment Information

There possibility does exist that whatever firm runs the plan takes the dividends for themselves. One way to find out the fees is to not contribute to a fund over a quarter and see that its return matches the return of the index or a proxy fund with dividends re-invested. If your dividends were goin...
by livesoft
Sat Oct 18, 2014 9:17 am
 
Forum: Personal Finance (Not Investing)
Topic: Missing Dividend Payment Information
Replies: 25
Views: 1344

Re: What tax software do you use and why

[…] This year might be a little more complicated as I sold some stocks. I guess we'll see! What do you use and why? Do you ever run the free versions of others to double check? Reporting stock sales has never been complicated if you have good records. It is rather trivial in fact, so that is not re...
by livesoft
Sat Oct 18, 2014 9:11 am
 
Forum: Personal Finance (Not Investing)
Topic: What tax software do you use and why
Replies: 44
Views: 1874

Re: What is your tax loss harvest strategy?

In addition to agreeing with grabiner's response just above, I believe that harvesting losses before they go long-term and while they are still short-term is a way to help avoid the loss aversion behavioral finance trap.
by livesoft
Fri Oct 17, 2014 11:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: What is your tax loss harvest strategy?
Replies: 17
Views: 1600

Re: Livesoft - Thank you

You are welcome. Thanks back to everyone else, too. Many folks contribute to the success of the forum, so don't forget to thank them as well.

I really appreciate the thanks, but let's get back to whatever we were doing before this thread showed up. :)
by livesoft
Fri Oct 17, 2014 2:37 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft - Thank you
Replies: 37
Views: 3981

Re: Tax Loss Harvesting with Emergency Fund

You can do this: Double up on VTIAX now and undouble 31 days later. So that would be: Buy $10,000 more of VTIAX. Wait 31 days. Sell the VTIAX with loss. The advantage is that if VTIAX goes up you make lots of money. If VTIAX goes down, you get a bigger tax deduction. Or you can stay out of VTIAX for...
by livesoft
Fri Oct 17, 2014 12:45 am
 
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting with Emergency Fund
Replies: 7
Views: 527

Re: TLH Please double-check my counting

This thread is not about wash sales, but is about whether a dividend will be designated "qualified" and have a favorable tax rate. There are some holding period rules for the underlying shares that must be met or a qualified dividend will be "disqualified" and no longer receive q...
by livesoft
Thu Oct 16, 2014 11:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: TLH Please double-check my counting
Replies: 4
Views: 363

Re: First investment stratefy meeting with new FA, $6M trust

My impression is that taxes would kill one if 3-4 funds out of a dozen were changed in a trust annually. It is also a "skating where the puck was" methodology. One can use index funds in a simple 3-fund portfolio or a slice-and-dice portfolio. Neither of these methodologies would suffer fr...
by livesoft
Thu Oct 16, 2014 1:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: First investment strategy meeting with new FA, $6M trusts
Replies: 80
Views: 4461

Re: Market Slide Percentages?

With 57% equities, I cannot see how one can only be down 0.021% over past 6 days. What have the market averages done over the same time period?
by livesoft
Thu Oct 16, 2014 1:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Market Slide Percentages?
Replies: 28
Views: 1851

Re: Roll Over Old TIAA CREF Account?

I also have an old TIAA-CREF 403(b) account. I have not rolled it over. It is basically in "set-and-forget" mode or nearly so. I agree with tibbitts: Nobody knows what the terms of your TIAA contract is. Nobody knows how much money you have invested in TIAA or how big a percentage of your ...
by livesoft
Thu Oct 16, 2014 11:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Roll Over Old TIAA CREF Account?
Replies: 15
Views: 764

Re: Dealing with Volatility

Nobody complains about volatility when things are going up.
by livesoft
Thu Oct 16, 2014 10:05 am
 
Forum: Investing - Theory, News & General
Topic: Dealing with Volatility
Replies: 14
Views: 1104

Re: Moving IRA from TD to Vanguard

The label does not matter.
by livesoft
Thu Oct 16, 2014 9:12 am
 
Forum: Investing - Help with Personal Investments
Topic: Moving IRA from TD to Vanguard
Replies: 22
Views: 1293

Re: Dry Powder

@pop77, I don't keep cash as dry powder. I use my bond funds instead. In the past 3 months, total US bond index fund has gone up 2% and a short-term corportate bond index fund has gone up 0.9%. I prefer those kinds of returns while waiting to rebalance rather the return of cash of 0.02%. And those b...
by livesoft
Thu Oct 16, 2014 9:09 am
 
Forum: Investing - Theory, News & General
Topic: Dry Powder
Replies: 49
Views: 3486

Re: Fleeting RBD for large-cap US and emerging markets?

Thanks for the clarifications livesoft. If you don't mind a few follow up questions ... So to summarize, your worst RBDs over the previous 120 days are based on close prices, but you would buy an ETF intraday if it met the RBD criteria? I can say that I might buy an ETF intraday if it met the RBD c...
by livesoft
Thu Oct 16, 2014 12:41 am
 
Forum: Investing - Theory, News & General
Topic: Fleeting RBD for large-cap US and emerging markets?
Replies: 16
Views: 1225

Re: Fleeting RBD for large-cap US and emerging markets?

I'm just getting to reading this thread because of a very busy day running a workshop. Yes, I suppose an RBD drop could be intraday, followed by recovery, but I hadn't really thought much about it. I usually would check late in the trading session especially if I was going to make an exchange in mut...
by livesoft
Wed Oct 15, 2014 7:57 pm
 
Forum: Investing - Theory, News & General
Topic: Fleeting RBD for large-cap US and emerging markets?
Replies: 16
Views: 1225

Re: Tax Loss Harvesting - help

One applies the disallowed loss to "replacement shares" which are shares that one still holds. If one has no shares left after selling, then there are no replacement shares. So if one sells the shares bought recently there is no wash sale. For instance, one bought 1000 shares 5 years ago, ...
by livesoft
Wed Oct 15, 2014 2:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting - help
Replies: 12
Views: 463

Re: What is common for a severance package?

Also note that whether one works full-time or not can influence a severance package. For instance, suppose one works 30 years with a company with the last 3 years as half-time. One might get 30 weeks of severance of one's half-time salary instead of 27 weeks of full-time salary and 3 weeks of half-t...
by livesoft
Wed Oct 15, 2014 2:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: What is common for a severance package?
Replies: 25
Views: 1794

Re: TLH and Dividend Elections

You are not rolling the dice when you sell your losers. You get to choose when you sell. So just don't sell when the possibility exists for a wash sale. Or perhaps your dividends are so small as to not worry about them except when you indicate a wash sale on your tax return.
by livesoft
Wed Oct 15, 2014 2:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: TLH and Dividend Elections
Replies: 5
Views: 462

Re: Tax Loss Harvesting - help

I have a few questions about TLH. I invested in a taxable account a couple of weeks ago and since stocks have been down some, I wanted to see if I could benefit from TLH if not now, in the near future, especially if my capital losses are close to 3K. 1. What happens if I sell the stock (Vanguard To...
by livesoft
Wed Oct 15, 2014 2:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting - help
Replies: 12
Views: 463

Re: When bogleheads do TLH

It is more complicated than that. For instance, 1. Suppose one owns VTSAX with an unrealized loss and expects the market to keep dropping for the next 30 days. Why not tax-loss harvest now no matter what the dollar amount of the loss is into VLCAX, so that in 31 days one can then TLH the VLCAX and g...
by livesoft
Wed Oct 15, 2014 2:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: When bogleheads do TLH
Replies: 6
Views: 836

Re: Withdrawal Strategies

It may turn out to be better to take from both the IRA and taxable now and delay starting SS benefits until later. This is something that needs to be carefully researched and thought about.
by livesoft
Wed Oct 15, 2014 9:54 am
 
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Strategies
Replies: 4
Views: 454

Re: Better share price deal? VNQ vs VGSLX

No, more shares is not better. Is it better to buy a gallon of milk or better to buy 4 quarts of milk? The dividend is not the same anyways. I didn't look, but the dividends ratio will be the same as the price ratio. Otherwise, Wall Street types would buy one and sell the other and make a killing. I...
by livesoft
Tue Oct 14, 2014 7:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Better share price deal? VNQ vs VGSLX
Replies: 1
Views: 178

Re: It's a good day to be heavy in REITs

REITs are more volatile than many other asset classes, so while 1.6% is appreciated, I'd consider a good day to be up 3% or more. 4% and 5% in a day is not unheard of. And the same for the downside.
by livesoft
Tue Oct 14, 2014 10:23 am
 
Forum: Investing - Theory, News & General
Topic: It's a good day to be heavy in REITs
Replies: 42
Views: 3965

Re: Do you rebalance now?

@schmitz, Rebalancing is described in the Bogleheads wiki: http://www.bogleheads.org/wiki/Rebalancing
by livesoft
Tue Oct 14, 2014 6:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Do you rebalance now?
Replies: 17
Views: 1462

Re: Do you rebalance now?

Folks have not discovered the best way to do rebalancing yet. It is still a mystery. In the limit, the best rebalancing strategy is indistinguishable from perfect market timing.
by livesoft
Mon Oct 13, 2014 8:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do you rebalance now?
Replies: 17
Views: 1462

Re: Dry Powder, When to Start Value Averaging In?

If your "several underperforming stocks" have unrealized losses, I suggest realizing the losses now.
by livesoft
Mon Oct 13, 2014 8:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Dry Powder, When to Start Value Averaging In?
Replies: 23
Views: 2196
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