Search found 16 matches

by AgentHoopla
Fri May 19, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: "Wash Sale" Questions
Replies: 14
Views: 558

Re: "Wash Sale" Questions

livesoft wrote:
Got any other wild ideas?


Yeah, I do.

Since you said that a normal person would have TLH well before the 50% drop, when do you recommend TLHing? in small increments such as the small 1.8% drop we just recently had? or only when a big market correction occurs?
by AgentHoopla
Fri May 19, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: "Wash Sale" Questions
Replies: 14
Views: 558

Re: "Wash Sale" Questions

No one knows what "substantially identical" means. Is it more identical than identical or less identical than identical or the same as identical? That is what is confusing me, I am trying to skirt around the substantially idential thing by picking Schwab versus Vanguard funds, there are s...
by AgentHoopla
Fri May 19, 2017 7:10 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting
Replies: 9
Views: 781

Tax Loss Harvesting

According to the IRS: Any additional losses can be deducted up to $3,000 per year against ordinary income, while losses in excess of that limit can be carried forward to future tax years to reduce capital gains or ordinary income until the balance of the losses are used up. So what this means is, i...
by AgentHoopla
Fri May 19, 2017 6:43 am
Forum: Investing - Help with Personal Investments
Topic: "Wash Sale" Questions
Replies: 14
Views: 558

"Wash Sale" Questions

Questions are in scenario 2 and 3 The IRS defines a "wash sale" is as follows: The rule defines a wash sale as one that occurs when an individual sells or trades a security at a loss, and within 30 days before or after this sale, buys a “substantially identical” stock or security, or acqu...
by AgentHoopla
Thu Apr 27, 2017 11:45 pm
Forum: Investing - Theory, News & General
Topic: Is not Tax Harvesting usually a wasted opportunity?
Replies: 17
Views: 1940

Re: Is not Tax Harvesting usually a wasted opportunity?

Here is the million dollar question.

When do you tax loss harvest?
by AgentHoopla
Thu Apr 27, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting on a one fund portfolio
Replies: 6
Views: 708

Re: Tax Loss Harvesting on a one fund portfolio

I would be tax-loss-harvesting well before the market was down 30% in one year. I would be exchanging VTSAX into VLCAX and/or VFIAX all along the way. and when VLCAX and/or VFIAX had losses I would be exchanging back into VTSAX. By the time there were 30% losses, I would probably have some money in...
by AgentHoopla
Thu Apr 27, 2017 6:18 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting on a one fund portfolio
Replies: 6
Views: 708

Tax Loss Harvesting on a one fund portfolio

Hey All, Since the stock market is pretty high right now and lots of people I am talking to expect a "steep market correction" many are abstaining from getting involved in the market. Than I meet the people who say its not about timing the market, but time in the market. Either way is unde...
by AgentHoopla
Thu Apr 27, 2017 6:09 am
Forum: Investing - Help with Personal Investments
Topic: A checkup on my entire finance portfolio - am I on track?
Replies: 11
Views: 1124

Re: A checkup on my entire finance portfolio - am I on track?

OP, I am in a similar situation as you, 27 with 95% of my net worth in low cost index funds, most of it is in VTSAX. I think its a good strategy, as long as when a bull market comes when you lose half of your net worth in a year, you can invest more so when the market rebounds, you get additional ga...
by AgentHoopla
Mon Apr 24, 2017 3:06 am
Forum: Investing - Help with Personal Investments
Topic: What fund to invest spare change in?
Replies: 4
Views: 554

What fund to invest spare change in?

I have money in the Roth IRA, 401k and taxable accounts. I do have a 6 month emergency fund, however I have about 30-40k in other monies that I may need to spend in 6 months - 2 years for unforeseen circumstances. I don't feel super comfortable putting them in aggressive US/intentional stocks. I was...
by AgentHoopla
Mon Apr 24, 2017 12:59 am
Forum: Local Chapters and Bogleheads Community
Topic: Hawaii Bogleheads, where are you?
Replies: 25
Views: 2491

Re: Hawaii Bogleheads, where are you?

Honolulu Townie here.

Im Down.
by AgentHoopla
Thu Apr 20, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: CPA or TurboTax
Replies: 18
Views: 1479

CPA or TurboTax

Hello All, I have been using turbo tax for many years, and never really understood the value of having a CPA handle my taxes unless I owned a business or have a very difficult tax situation. Im 27, work at a company and dont own a business, never used a CPA. What are your thoughts? Do you use a CPA?...
by AgentHoopla
Tue Apr 18, 2017 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX Versus VFIAX
Replies: 3
Views: 628

VTSAX Versus VFIAX

Both funds are pretty damn similar. One VTSAX holds the the marjoity of the stock market while VFIAX holds just the top 500. Over 10 years, VTSAX brought back a 7.69% return while VFIAX brought back a 7.50% return. Whats your take in the fund to invest in? VTSAX has over 500 billion in and VFIAX has...
by AgentHoopla
Sat Apr 15, 2017 3:56 am
Forum: Investing - Help with Personal Investments
Topic: Starting my retirement savings- Where to go? Suggestions Welcome.
Replies: 15
Views: 1157

Re: Starting my retirement savings- Where to go? Suggestions Welcome.

Thank you everyone for your honest and true replies. It really means alot. Thank you. What I am currently looking at is the Schwab intelligent portfolio, because it seems to have a large range of ETFs to diversify in. However, in order to reach my goals ill need to have a more stock ETF oriented por...
by AgentHoopla
Fri Apr 14, 2017 7:03 am
Forum: Investing - Help with Personal Investments
Topic: Starting my retirement savings- Where to go? Suggestions Welcome.
Replies: 15
Views: 1157

Re: Starting my retirement savings- Where to go? Suggestions Welcome.

I'm sorry I didn't provide enough detailed numbers about what I was thinking about doing. I appreciate all the replies and attention so far. What I was considering was after I get my financial affairs in order to go ahead and max out the 401k contribution to the maximum $18,000. Just to get some mon...
by AgentHoopla
Fri Apr 14, 2017 6:02 am
Forum: Investing - Help with Personal Investments
Topic: Starting my retirement savings- Where to go? Suggestions Welcome.
Replies: 15
Views: 1157

Starting my retirement savings- Where to go? Suggestions Welcome.

Hello All, I am 27 years old and planning on starting to save for retirement. I have been debt free for all my life, and diligently stashed away money in my savings account over the years. I have begun to kick up my employer 401k match to the full 6%, planning on opening up a ROTH IRA and fully fund...

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