Search found 3094 matches

by Artsdoctor
Mon Feb 19, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Taxing First-in-First-out
Replies: 7
Views: 344

Re: Taxing First-in-First-out

^ LOL. There's a reason why the web address is WWW.FOOL.COM!
by Artsdoctor
Fri Feb 16, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1672

Re: Does the absence of need for a legacy affect your AA or SWR?

Sure. If you're going to leave a legacy, and if it's a significant goal, then you're going to be far more aggressive with your asset allocation. You may be 50-60 years old, but if you have a specific amount of money you're thinking about leaving another generation (or generations), the money can gro...
by Artsdoctor
Wed Feb 14, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Planning Using Nominal or Real Return
Replies: 13
Views: 652

Re: Planning Using Nominal or Real Return

For planning purposes, I find using real returns most helpful. When you hear or read about "expected returns," you're probably going to be thinking "nominal" unless specified otherwise. Traditionally, when someone talks about a specific % return, it's nominal. If it's real, it should be called "real...
by Artsdoctor
Sun Feb 11, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 taxes and AMT
Replies: 13
Views: 1481

Re: 2018 taxes and AMT

thanks for starting this thread, Op. I am also very unclear on AMT changes with the new tax changes. If income is $500,000 and one takes deductions, will there be AMT? My taxes will go up 17k with the new tax reform changes due to losing state tax and limiting property tax deductions, but I paid 19...
by Artsdoctor
Fri Feb 09, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my Tax Loss Harvest Strategy
Replies: 12
Views: 658

Re: Please critique my Tax Loss Harvest Strategy

"When the position is ultimately sold, the tax bill will be higher than it would have been on the original investment, unless the investor dies holding the position or donates it to charity." These are important caveats. Hopefully, as your wealth increases, you become more charitably inclined. If s...
by Artsdoctor
Fri Feb 09, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my Tax Loss Harvest Strategy
Replies: 12
Views: 658

Re: Please critique my Tax Loss Harvest Strategy

"When the position is ultimately sold, the tax bill will be higher than it would have been on the original investment, unless the investor dies holding the position or donates it to charity." These are important caveats. Hopefully, as your wealth increases, you become more charitably inclined. If so...
by Artsdoctor
Fri Feb 09, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4875

Re: I didn't tax-loss harvest this month, did you?

I have never tax loss harvested in my life, but I did sell a fund in January 2018 and the best I can tell I will have a loss. Maybe someone can tell me if I calculated this right. I invested $12k originally on 02/01/05, and reinvested all distributions and did not sell any shares during the time I ...
by Artsdoctor
Fri Feb 09, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13141

Re: "The stock market is officially in a correction... here's what usually happens next"

Although I had a wonderful lunch with a 40-ish fellow Boglehead friend yesterday, it was also a sad experience. As I approached the table, he was checking the market. It was clear the he had been checking the market throughout the day on each of the past several days, and he had sold some of his equ...
by Artsdoctor
Fri Feb 09, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4875

Re: I didn't tax-loss harvest this month, did you?

I didn't tax-loss harvest so far this month nor in January, did you? I had no positions with losses in my taxable accounts to tax-loss harvest. Same here. No losses to harvest. I had been slowly selling appreciated assets last year as my asset allocation was becoming too equity-heavy. Those sales i...
by Artsdoctor
Fri Feb 09, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 1998

Re: Tax help - DAF contribution

Thank you all for the responses. I have all noncovered shares. But I did "pull" the shares via the VG Charitable site rather than "push" from my VG account, so Vanguard does not maintain a record of the basis, which is surprising. But as Livesoft and others suggest, it doesn't matter for the purpos...
by Artsdoctor
Fri Feb 02, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 1998

Re: Tax help - DAF contribution

When you're making a contribution while on the Vanguard Charitable website, it'll ask you where you want to take the money from. If you want to donate Vanguard shares from your Vanguard taxable account, you'll be taken to your Vanguard website, having to log on to that site. You'll then pick what yo...
by Artsdoctor
Fri Feb 02, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 1759

Re: Getting out of bond funds?

Interest rates are rising, possibly over the next several years, causing bond funds to lose value. Alan Greenspan is warning of a 'bubble' in bonds, and also stocks. If you are nearing retirement or already in retirement, are you thinking of getting out of bond funds, and if so, where to put that m...
by Artsdoctor
Wed Jan 31, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to think about your house from a financial perspective
Replies: 89
Views: 6662

Re: How to think about your house from a financial perspective

I can destroy my car, I can burn my art, and I can drink my wine; those will not be taxable events. However, there is no way for me to dispose of my house while I'm living without paying tax on the capital gain. I can't think of a scenario in which the government taxes you on an expense only. If yo...
by Artsdoctor
Tue Jan 30, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to think about your house from a financial perspective
Replies: 89
Views: 6662

Re: How to think about your house from a financial perspective

The OP posted the question after a dinner conversation. I wonder how the conversation went. You can view your house anyway you'd actually like. You can think of it as an investment or an expense. You can factor it into your net worth calculation, or evidently not. However, I do know that no matter h...
by Artsdoctor
Tue Jan 30, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 1998

Re: Tax help - DAF contribution

Hello, Working on taxes using TurboTax. I opened a DAF at VG Charitable at the end of 2017 and funded it using donated shares from my taxable account. Entering the data into TurboTax, it asks for the cost basis of the donated shares, which did not show up on any of the documents I received from Van...
by Artsdoctor
Tue Jan 30, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to think about your house from a financial perspective
Replies: 89
Views: 6662

Re: How to think about your house from a financial perspective

I've come full circle on this. I've really tried to switch my brain to thinking that money is fungible and to make myself a bit more aware of the mental accounting that I do reflexively. I used to think of my house as an investment, then an expense, and now it fulfills the definition of an investmen...
by Artsdoctor
Mon Jan 29, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvest dividends in taxable account?
Replies: 13
Views: 1019

Re: Reinvest dividends in taxable account?

You'll get a variety of opinions here but I believe that money is fungible and that it should go where it's needed most. I don't reinvest dividends and I put the dividends where's they're needed. For example, if you're getting ahead of yourself with international, you'd take those dividends and inve...
by Artsdoctor
Sun Jan 28, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: "Muni Bonds Time Bomb" Barron's
Replies: 47
Views: 4820

Re: "Muni Bonds Time Bomb" Barron's

This has been discussed for years and years and years. It all goes back to basics and is no different than most other investments. Pension obligations are an important consideration and have factored more heavily into specific bond ratings. The importance and influence on ratings have only increased...
by Artsdoctor
Sat Jan 27, 2018 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: VSMGX compared to VBIAX
Replies: 3
Views: 377

Re: VSMGX compared to VBIAX

There's really no point in comparing the two: they are different funds. Although the equity:bond allocation is similar, the LifeStrategy fund has international equity and bond components. You say that you have other international investments. I would view your portfolio as a whole and decide what so...
by Artsdoctor
Sat Jan 27, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 286
Views: 19361

Re: I bought a stock today - Redfin (RDFN)

I consider myself a boglehead, but I just couldn't resist. I love Redfin! There business model prides themselves on saving people money. There management including the CEO Glen Kelman seem trustworthy & full of integrity. I feel both good and guilty after buying the stock. 20% of my portfolio. I'm ...
by Artsdoctor
Sat Jan 27, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: Diary of a Bear Market
Replies: 24
Views: 2882

Re: Diary of a Bear Market

I kept a diary of the 2008-2009 meltdown. It was a gut-wrenching experience but I was able to stick with my financial plan because of this board. Every so often, I reread it because the pain tends to go away naturally and I don't want to forget that learning experience. I also invested through the 2...
by Artsdoctor
Wed Jan 24, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Loans and the New Tax Law
Replies: 19
Views: 976

Re: Home Equity Loans and the New Tax Law

OP here. In 2017 I will write off about $53K. In 2018, under the new [(removed) --admin LadyGeek] rules, I forecast about $27K. My home mortgage deduction is relatively low. No write-off of state income tax since I pay high local tax and personal property tax. Since I make good money, I pay a lot t...
by Artsdoctor
Wed Jan 24, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: If we worry about interest rate/ inflation, why don't we buy Short-Term bond ?
Replies: 17
Views: 1719

Re: If we worry about interest rate/ inflation, why don't we buy Short-Term bond ?

I only see people in this forum talked about Intermediate tax exempt bond, not the Vanguard Short-Term Tax-Exempt Fund Investor Shares (VWSTX). isn't it better to buy short term bond due to interest rate set to rise? First of all, I wouldn't "worry" about interest rates and inflation. Interest rate...
by Artsdoctor
Mon Jan 15, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Money Chimp has a Tax Calculator that figures QDI for Tax year 2018
Replies: 11
Views: 1607

Re: Money Chimp has a Tax Calculator that figures QDI for Tax year 2018

Seems pretty straightforward, at least for ballpark calculations.
by Artsdoctor
Mon Jan 15, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 88
Views: 11499

Re: IRS announces new withholding tables for 2018

Just remember that there is no W-4 for 2018 available yet. The IRS is recommending that taxpayers use a calculator to fill out the 2018 W-4 when it becomes available. Of course, the calculator is supposed to be available after the W-4 forms are available . . .
by Artsdoctor
Sat Jan 13, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Withholding Tables
Replies: 88
Views: 11499

Re: IRS announces new withholding tables for 2018

I believe the IRS has warned that the tables may not be accurate and it will be up to employees to double-check the math. The way to double-check the math, does not yet exist, but perhaps it will in the near future. https://www.washingtonpost.com/business/economy/new-tax-guidelines-rely-on-workers-t...
by Artsdoctor
Thu Jan 11, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12390

Re: Is it time for me to "call in rich"?

^ You don’t need a specific plan. Changing gears from a career to “retirement” at a relatively young age is a significant life switch. There’s a big difference between saying “I’ve always wanted to spend more time pursuing my interests in X” rather than “I’ve had it with my job, anything is better t...
by Artsdoctor
Thu Jan 11, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12390

Re: Is it time for me to "call in rich"?

Generally, I’d think that “retiring” far younger than most without any plan would be more challenging than enjoyable. Finances are not the concern, but are there any outside interests at all? You don’t need a full schedule but having a vague idea of what interests you would be helpful.
by Artsdoctor
Tue Jan 09, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing question
Replies: 3
Views: 471

Re: Rebalancing question

Why does it ever make sense to rebalance a porfolio given that it can trigger gigantic tax liabilities especially if you are in a higher income bracket? I live in CA and cap gains are treated as ordinary income. My marginal state tax rate is 9.3% and Fed LTCG rate would be 20% for a combined rate o...
by Artsdoctor
Sat Jan 06, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Good choice for money in brokerage account needed within 6 to 9 months?
Replies: 9
Views: 743

Re: Good choice for money in brokerage account needed within 6 to 9 months?

Randomizer, I think you're making contradictory statements. You'd like something secure but you wouldn't mind losing 1-2%--in a 6-month investment. Losing 2% in a "secure" investment within 6 months is not a reasonable option. If you want a 6-month T-bill which you can buy through your brokerage acc...
by Artsdoctor
Sat Jan 06, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: state-specific basis track for premium treasuries?
Replies: 16
Views: 511

Re: state-specific basis track for premium treasuries?

^ I think that I probably have not been as clear in my points as I should have been. At least the spirit of my comments would be in keeping with what you're thinking. I thought about the handling of HSA accounts (federal versus state). I think that that's a little different in that the federal gover...
by Artsdoctor
Sat Jan 06, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: State tax credits, DAF, itemizing
Replies: 2
Views: 350

Re: State tax credits, DAF, itemizing

This is the way it exists now: https://www.ftb.ca.gov/individuals/College_Access_Tax_Credit.shtml Of course, Sacramento is entertaining creative alternatives for 2018. You can't make the contribution from your DAF. Remember, you've already taken the charitable contribution to your DAF in the year yo...
by Artsdoctor
Sat Jan 06, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: state-specific basis track for premium treasuries?
Replies: 16
Views: 511

Re: state-specific basis track for premium treasuries?

^ Yes, but if the investor chooses not to amortize the premium treasury on the federal return, presumably the bond hasn't been amortized on the state return either. I still think that it would be a very unusual situation that someone would choose to have more income, trading it for a capital loss; h...
by Artsdoctor
Sat Jan 06, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Why not Muni Money Market?
Replies: 41
Views: 3492

Re: Why not Muni Money Market?

Obviously something unusual is going on. The muni mmf should not be yielding more than the prime taxable mmf. This has to be temporary. Perhaps. Traditionally, municipal bonds yielded about 80% of treasuries. When they started yielding more than treasuries, we all thought that was temporary as well...
by Artsdoctor
Sat Jan 06, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Retire on dividends & pay taxes with principal?
Replies: 10
Views: 1293

Re: Retire on dividends & pay taxes with principal?

Anyone ever think about this and do backtesting to see what its most sensitive to? Idea is to have a steady income so you know the tax load for the future. A risk is matching inflation. Paying taxes from principal is a sinking fund situation - use it, don't lose it to the grave. There are some simi...
by Artsdoctor
Sat Jan 06, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: state-specific basis track for premium treasuries?
Replies: 16
Views: 511

Re: state-specific basis track for premium treasuries?

I don't know if this will help or not: https://govt.westlaw.com/calregs/Document/IC0160EB0D46511DEB97CF67CD0B99467?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default) From California's point of view, the treasury bond is fully tax-exempt since yo...
by Artsdoctor
Fri Jan 05, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: state-specific basis track for premium treasuries?
Replies: 16
Views: 511

Re: state-specific basis track for premium treasuries?

Hypothetical situation here. An owner of a US treasury bond bought at premium elects not to amortize the premium for federal taxation, and is also a resident of a state that taxes capital gains and losses as other income (that is, not at a preferential rate), but is generally in conformity with fed...
by Artsdoctor
Tue Jan 02, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: Individual bonds vs rebalancing two bond funds
Replies: 13
Views: 1308

Re: Individual bonds vs rebalancing two bond funds

Daniel,

Try looking at the Wiki on Bogleheads. Many of your questions can be answered there.

Vanguard also recently did a reasonable discussion on bonds versus bond funds which you might find helpful:

https://investornews.vanguard/bonds-or-bond-funds/
by Artsdoctor
Tue Jan 02, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance without the hassle?
Replies: 25
Views: 2454

Re: Health insurance without the hassle?

To the OP: You'll need to decide where your priorities are. As others have said, Kaiser functions as a self-contained system so if reducing hassle is a priority of yours, then I would seriously consider Kaiser. Other people will place a priority on cost, others on wide-open choice. There will always...
by Artsdoctor
Tue Jan 02, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?
Replies: 7
Views: 677

Re: Anyone know why TD Ameritrade didn't pay the 12/29 BND Dividend ?

So you are used to seeing your BND dividend one day after the payable date shown on Vanguard.com when your new shares of BND are bought. Oh for crying out loud... I think it should be obvious that the main curiosity of my post was about the regulatory and tax implications of reporting income in the...
by Artsdoctor
Tue Jan 02, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Bond Returns in 2017
Replies: 16
Views: 1641

Re: Bond Returns in 2017

The Wall Street Journal this morning in its Year-End Review says Vanguard Total Bond Market was up 1.0% and Vanguard Total Int'l Bond up 0.1%. Yet the Vanguard website gives 2017 for Total Bond (VBTLX) as 3.56 with SEC = 2.56 and Total Int'l as 2.39 with SEC as 0.7. I suppose we are seeing differen...
by Artsdoctor
Mon Jan 01, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: HSA - Californians
Replies: 13
Views: 965

Re: HSA - Californians

Also keep in mind that, as many wealthy Californians do, if you move out of state at retirement to a state that recognizes HSAs (which is most states), then qualified withdrawals are both state and federal tax free, and you essentially suffered no tax disadvantage using an HSA all your working life...
by Artsdoctor
Sun Dec 31, 2017 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Does donation count for 2017 if donated fund shares do not settle until 2018?
Replies: 35
Views: 1684

Re: Does donation count for 2017 if donated fund shares do not settle until 2018?

In a little different situation I sent my favorite charity a donation to be charged to my credit card. Sent the form on the 23rd. It has not been processed by my credit card company yet. If it is not processed in 2017 can I deduct for my 2017 taxes? I am thinking I may chance it either way since ch...
by Artsdoctor
Sun Dec 31, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Does donation count for 2017 if donated fund shares do not settle until 2018?
Replies: 35
Views: 1684

Re: Does donation count for 2017 if donated fund shares do not settle until 2018?

Please see the clarifications below: https://www.vanguardcharitable.org/resource_center/year_end_giving_information Among other things, Vanguard Charitable is pretty clear on this: *Contributions of securities and mutual funds held at Vanguard entered online with electronic authorization (connecting...
by Artsdoctor
Sat Dec 30, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 7179

Re: So, how was the year ? Gains made and Lessons learnt ?

Extremely active year with a tremendous number of challenges. Certainly did not expect the market to provide the gains that it did. I stuck with my investment plans that were set out long ago and did not veer. The outlined plans provided a sense of calm since I really didn't try to second-guess myse...
by Artsdoctor
Sat Dec 30, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: How many years of deductions for a new DAF?
Replies: 17
Views: 1116

Re: How many years of deductions for a new DAF?

This is the OP. I just opened a DAF at Vanguard, and via online transaction donated 5-10 years worth of charitable donations. It puts me further from my financial independence number :( but will be good in the long run. Thanks, gasdoc I'm very impressed that Vanguard would be able to do this after ...
by Artsdoctor
Fri Dec 29, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: How many years of deductions for a new DAF?
Replies: 17
Views: 1116

Re: How many years of deductions for a new DAF?

I am considering what will probably be 7-10 years of deductions, but only because I am considering donating one fund in its entirety that I no longer want to own, but have put off selling due to the capital gains I would incur. Other than the loss of liquidity that was mentioned above, is there a d...
by Artsdoctor
Fri Dec 29, 2017 4:27 pm
Forum: Investing - Theory, News & General
Topic: 2017 tax-loss harvesting
Replies: 13
Views: 1068

Re: 2017 tax-loss harvesting

I just finished tax gain harvesting. So hopefully there will be some losses to harvest in 2018. I sold and rebought VWO today at 45.965, and sold/rebought VTI at 137.62/137.63. SEC fees were about $0.50, so I spend about $2 on tax gain harvesting transaction costs, or about 1bp. Not too bad. I avoi...
by Artsdoctor
Fri Dec 29, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: muni bonds in taxable
Replies: 2
Views: 455

Re: muni bonds in taxable

The Vanguard calculator will only help you marginally. It fails to take into consideration your state tax (if applicable) and the net investment tax on dividends. The upper limit for the new 24% bracket for MFJ is $315,000 so you may want to individualize your marginal tax rate projections. You also...
by Artsdoctor
Fri Dec 29, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to average 7% in $1M+ 401K for next 10 years
Replies: 29
Views: 2763

Re: Best way to average 7% in $1M+ 401K for next 10 years

I'm 10 years away from retirement. I will meet my savings and income requirements if I can average 7% returns over the next 10 years in my company 401K. Balance today is $1M, and of course I will max contribute, along with good employer match. I need to do 7% on top of this. Right now I'm invested ...