Search found 3449 matches

by House Blend
Thu Sep 29, 2016 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Administrative activities take months at Vanguard
Replies: 10
Views: 888

Re: Administrative activities take months at Vanguard

Last year, I stupidly persuaded my parents to transfer their IRAs to Vanguard, and Vanguard failed to do anything to calculate or remind them of their required minimum distribution, which has also created a lot of headaches. The fact that they did not calculate the RMD is not a failure on their par...
by House Blend
Wed Sep 28, 2016 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard - tax lots
Replies: 14
Views: 984

Re: Vanguard - tax lots

Did you switch to SpecID recently? If so, it takes a few days for the tax lots to show up. After logging in, go to the "Cost Basis" tab. Click on one of your funds held in taxable, and see if it shows a drop down list of tax lots. If not, then something is wedged and you'll need to contact...
by House Blend
Wed Sep 28, 2016 9:57 am
Forum: Investing - Theory, News & General
Topic: Betterment Tax-Coordinated Portfolio
Replies: 3
Views: 530

Re: Betterment Tax-Coordinated Portfolio

https://www.betterment.com/tax-coordinated-portfolio/ That page is just marketing drivel. (Up to 0.48% per year!!!!). Go to the white paper. It too has marketing drivel, but at least it has a few more details. https://www.betterment.com/resources/research/tax-coordinated-portfolio-white-paper/ I wi...
by House Blend
Tue Sep 27, 2016 2:17 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation in taxable close to retirement
Replies: 8
Views: 1004

Re: Asset Allocation in taxable close to retirement

IMO, you shouldn't be worried about money "not being there" (in taxable), as long as the risk level of your overall portfolio is appropriate. If you have to experience volatility, you might as well have it in taxable, where you can get some compensation for it via tax loss harvesting. And ...
by House Blend
Sun Sep 25, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Uncovered MF Shares at Vanguard
Replies: 18
Views: 1541

Re: Uncovered MF Shares at Vanguard

It is quite simple - if you don't use specific identification or FIFO (first in first out), then you aren't selling specific shares. You are in effect making the decision to collapse your entire purchase history into a pool of shares with an average cost based on your purchase history. Single categ...
by House Blend
Sun Sep 25, 2016 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Uncovered MF Shares at Vanguard
Replies: 18
Views: 1541

Re: Uncovered MF Shares at Vanguard

I need to educate myself on how this will play out, so I can make proper decisions regarding which funds to sell (and incur cap gains). I called Vanguard to ask them about this, and had a profoundly unhelpful conversation with Vanguard. The rep kept putting me on hold while he talked to the "c...
by House Blend
Fri Sep 23, 2016 2:29 pm
Forum: Personal Consumer Issues
Topic: Trader Joe's Fans - good value?
Replies: 91
Views: 7228

Re: Trader Joe's Fans - good value?

For me - I probably spend at least 75% of my grocery budget at that one store I have a fair amount of overlap with you, but probably only spend half of the grocery budget there. The fraction would be higher if more of their produce were not dismal. Here's a few things I buy regularly due to various...
by House Blend
Fri Sep 23, 2016 9:00 am
Forum: Investing - Theory, News & General
Topic: Why do graphical comparisons of mutual fund trailing returns change with the length of the time horizon?
Replies: 8
Views: 365

Re: Why do graphical comparisons of mutual fund trailing returns change with the length of the time horizon?

I think something even better than a "Growth of $10,000" chart would be a "Cost of $100,000" chart. Would love to see that be a clickable option at morningstar (or even better, the default). The right hand endpoint of such a chart would be today's date (or whatever endpoint is se...
by House Blend
Thu Sep 22, 2016 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account conundrum
Replies: 6
Views: 778

Re: Taxable account conundrum

I was thinking of switching to the ETF options for these funds as they MAY be a bit more tax efficient, but Demuth's idea seems like maybe even a better option. The ETFs are not more tax efficient. The ETF versions of VTSAX and VTIAX are just another share class of the same fund. As a result, Vangu...
by House Blend
Thu Sep 22, 2016 12:13 pm
Forum: Investing - Theory, News & General
Topic: I guess we better peek when it comes to Vanguard
Replies: 37
Views: 5150

Re: I guess we better peek when it comes to Vanguard

Did anyone else ever have this experience. I've definitely had weird things happen in my accounts at Vanguard and elsewhere. I can't imagine not checking the transaction history of every financial account regularly--at least monthly. (You can set up account alerts at many institutions to cut down o...
by House Blend
Wed Sep 21, 2016 4:09 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Bucket?
Replies: 87
Views: 6935

Re: Do Bogleheads Bucket?

Here's how we manage Mom's retirement income streams: No SS, but pension + RMDs + dividends from taxable are far more than expenses, so excess RMDs are re-invested in the taxable account, with purchases aimed at keeping the AA on target. So she generally doesn't need to sell shares at all. To be fai...
by House Blend
Tue Sep 20, 2016 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Are Roth contributions the right thing to do?
Replies: 8
Views: 1150

Re: Are Roth contributions the right thing to do?

If you are planning to contribute $5,000 to your Roth this year, wouldn’t it be better to convert $15,000 of your Traditional IRA to Roth and use the $5,000 to pay your Federal and State taxes? The size of the conversion would depend on your current tax rates! What are the flaws with this logic? I ...
by House Blend
Tue Sep 20, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: What is my Roth Conversion tax rate?
Replies: 2
Views: 417

Re: What is my Roth Conversion tax rate?

Assuming that I converted 400 shares of FSELX on Tuesday at 71.09, I would owe 25% Federal tax $7,109, 7.55% Maryland and local tax $2,147, for a total of $9,256 on the $28,436 convertsion, 32.55%. As of yesterday’s, 9/19, close at 89.04, the value of 400 shares of that symbol is now $35,616 and th...
by House Blend
Fri Sep 16, 2016 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Rollover tIRA Convert to Roth Question
Replies: 1
Views: 224

Re: Rollover tIRA Convert to Roth Question

Since the pre-tax $8,000 is presumably a relatively small part of your portfolio (or soon will be), I don't think it makes a huge difference either way. And let's be clear about the "either way": the two choices are to either roll $8,000 into the 401(k) and convert the rest, or convert the...
by House Blend
Wed Sep 14, 2016 10:11 am
Forum: Personal Finance (Not Investing)
Topic: When to sell parent's home
Replies: 25
Views: 2344

Re: When to sell parent's home

We went through this with Mom. We had to move her into Assisted Living in Fall 2009 after getting beyond the point where it was safe for her to live alone at home. There was no need to sell the home immediately, but we could forsee a point years into the future where it might become necessary. None ...
by House Blend
Mon Sep 12, 2016 9:22 am
Forum: Personal Consumer Issues
Topic: Best Flashlight to keep in home for emergency
Replies: 56
Views: 3604

Re: Best Flashlight to keep in home for emergency

A year or so ago I picked up a very handy nightlight/flashlight combo. Plug in a charger at a convenient place where you need a nightlight (e.g., bathroom or hallway). The flashlight rests on the stand and charges via induction (similar to Mac laptop rechargers). If it detects sufficient ambient lig...
by House Blend
Fri Sep 09, 2016 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Tax savings IRA and SEP for combination of W2 and 1099
Replies: 10
Views: 641

Re: Tax savings IRA and SEP for combination of W2 and 1099

Let me piggyback onto this thread with a related question from a relative: Wife is covered by a 401(k) plan at work. Husband is self-employed. Currently they are under the income limits for deductibility of contributions to his tIRA, but would like to do more tax-deductible saving. So he is looking ...
by House Blend
Wed Sep 07, 2016 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Does it make sense for 74 yr old to slowly convert IRA to Roth IRA?
Replies: 15
Views: 1831

Re: Does it make sense for 74 yr old to slowly convert IRA to Roth IRA?

2. She's in the SS tax hump. The first dollar of Roth conversions will be taxed at the rate of 46.25%. Convert enough, and you can evenually reach the point where the marginal cost is back down to 25%. House Blend, If you don't min, can you please walk us through how you get to the 46.25% bracket? ...
by House Blend
Tue Sep 06, 2016 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Does it make sense for 74 yr old to slowly convert IRA to Roth IRA?
Replies: 15
Views: 1831

Re: Does it make sense for 74 yr old to slowly convert IRA to Roth IRA?

Don't convert anything. The main points are 1. Based on what you've given, she's not in the 15% bracket. With 35,000 RMD and 21,000 SS (and no other income), $14,275 of her SS income is taxable. So her AGI is $35,000 + $14,275 = $49,275. Standard deduction for age 65+ and one exemption is $11,600 (i...
by House Blend
Mon Sep 05, 2016 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs TIAA-CREF for new retirement account
Replies: 15
Views: 1073

Re: Fidelity vs TIAA-CREF for new retirement account

If you think you might leave academia entirely after a few years, you'll likely be frustated down the road with a piddling amount in this non-liquid Traditional account that you cannot add to, and cannot exit without a paperwork fight and a multiyear wait. On the other hand, if you forsee spending ...
by House Blend
Mon Sep 05, 2016 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs TIAA-CREF for new retirement account
Replies: 15
Views: 1073

Re: Fidelity vs TIAA-CREF for new retirement account

This sounds very similar to my employer: contributions go into four accounts (two 403(b), 401(a), and 457(b)). Some of it is mandatory and doesn't count towards the $18K elective deferral limit. Also, the 457(b) has a separate $18K limit. (But do not make assumptions--read up on the details of your ...
by House Blend
Mon Sep 05, 2016 10:02 am
Forum: Personal Consumer Issues
Topic: What non-fiction tv shows or movies you like to stream on netflix, hulu ,and amazon?
Replies: 22
Views: 2029

Re: What non-fiction tv shows or movies you like to stream on netflix, hulu ,and amazon?

I have to give a shout out to ESPN's 7.5 hour epic OJ: Made in America. http://www.imdb.com/title/tt5275892/ Simply wow. This is only superficially about sports, or OJ himself. It goes far beyond that, and digs deep into the culture and circumstances of race, racism, celebrity/media, criminal justic...
by House Blend
Thu Sep 01, 2016 1:38 pm
Forum: Investing - Theory, News & General
Topic: Ric Edelman's The Truth about Retirement on PBS
Replies: 142
Views: 12155

Re: Ric Edelman's The Truth about Retirement on PBS

I caught a few minutes of Ric's PBS presentation. The one item that stood out to me (and certainly reinforced the importance of NOT trying to the market) was this: During the 5 year period 2011-2015...the S & P returned an average of 10% a year. If you MISSED (i.e. were out of the market) just ...
by House Blend
Wed Aug 31, 2016 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Understanding wash sale rule: Same fund held in taxable account and IRA
Replies: 8
Views: 745

Re: Understanding wash sale rule: Same fund held in taxable account and IRA

SInce I wrote the post being quoted, perhaps I should respond... First, as livesoft says, you don't have a wash sale if one fund is merely a component of the other. So from now on let's assume you have the same fund, or different shares classes of the same fund, in your IRA and in taxable. If you ha...
by House Blend
Wed Aug 31, 2016 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Tapering down muni bonds before retirement?
Replies: 5
Views: 518

Re: Tapering down muni bonds before retirement?

I will likely still carry a substantial amount into retirement, at which time they will be far less attractive at a low income level/tax bracket for at least the first ten years of retirement. This situation should never arise. That is, if you will be in a low bracket in early retirement and in a h...
by House Blend
Wed Aug 31, 2016 12:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Dividend Announcements
Replies: 27
Views: 3221

Re: Vanguard Dividend Announcements

But it still begs the question. How does Bloomberg get the number whether it is daily or monthly when we can't? It is hard to belive that they are estimating it. Vanguard does declare it daily, they just don’t publish it on the fund pages on their web site. But there’s a real number for the per-sha...
by House Blend
Tue Aug 30, 2016 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: zero-dividend investing in taxable account
Replies: 46
Views: 4261

Re: zero-dividend investing in taxable account

You are probably crazy to consider this. The taxes you pay on dividends have got to be a very minor part of your taxes because if you were in a low tax bracket you would not be paying taxes on qualified dividends and if you were in a high tax bracket, then you would be paying lots more taxes on oth...
by House Blend
Tue Aug 30, 2016 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: OK to use Muni Fund in Taxable if still room in IRA for bonds?
Replies: 19
Views: 1525

Re: OK to use Muni Fund in Taxable if still room in IRA for bonds?

^Those are not yields. You are looking at total return. SEC yield is a better side-by-side measure when choosing between bond Fund A and bond Fund B....after controlling for risk. (And VWIUX is riskier than TBM--it invests in a single narrow slice of the bond market, and carries more default risk.) ...
by House Blend
Tue Aug 30, 2016 11:10 am
Forum: Investing - Help with Personal Investments
Topic: OK to use Muni Fund in Taxable if still room in IRA for bonds?
Replies: 19
Views: 1525

Re: OK to use Muni Fund in Taxable if still room in IRA for bonds?

I'm thinking of having Vanguard's Intermediate-Term muni fund in my taxable account rather than put all bonds in my traditional IRA (even though I have room in the IRA to do it). Both the taxable and IRA accounts would have identical 60/40 (stock/bond) allocations. I would do this because I think i...
by House Blend
Mon Aug 29, 2016 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Timing Of Roth Conversion
Replies: 7
Views: 782

Re: Timing Of Roth Conversion

However #4: While technically not a tax, your medicare premiums can jump when your modified AGI crosses certain thresholds. The one relevant for my mother is $107K for Single filers. Her MAGI is usually slightly below that; when it's above, she has to pay maybe $800 extra in premiums two years later...
by House Blend
Mon Aug 29, 2016 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Timing Of Roth Conversion
Replies: 7
Views: 782

Re: Timing Of Roth Conversion

What factors should I, a 79 year old retiree, keep in mind in deciding whether to make a conversion of some funds from my TIRA to my Roth assuming that my tax bracket remains the same and that tax rates remain unchanged or higher in the forseeable future? I am planning to rebalance from my equity f...
by House Blend
Fri Aug 26, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance Long Neglected TIAA/CREF/Vanguard Portfolio
Replies: 13
Views: 1027

Re: Rebalance Long Neglected TIAA/CREF/Vanguard Portfolio

I basically started reallocating some funds but then got very cold feet. I'm worried I've made things worse. I've started moving funds from CREF Stock R3 to four funds that satisfy some of the desired allocations mentioned above. I'm leaving TIAA Traditional alone (40%) since my (90%) contributions...
by House Blend
Fri Aug 26, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Auto W/D with SpecID (specific lot ID) turned on
Replies: 2
Views: 241

Re: Auto W/D with SpecID (specific lot ID) turned on

Probably it's FIFO, but check your prospectus.

I do recall that if you have checkwriting privileges on a bond fund, and elect Spec ID, Vanguard will use FIFO to cover your checks.
by House Blend
Thu Aug 25, 2016 10:28 am
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 391
Views: 43346

Re: TIPS - Did you give up?

Speaking of other sources, perhaps you are unaware that the inception date on the CREF Inflation-Linked Bond variable annuity is 5/1/1997, so it provides a few more years of real world TIPS data prior to VIPSX. Price history can be downloaded from the TIAA website. What I don't recall, and may be h...
by House Blend
Wed Aug 24, 2016 5:06 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 391
Views: 43346

Re: TIPS - Did you give up?

All - please note that Portfolio Visualizer uses the Simba spreadsheet for Tips returns and includes synthetic returns for the time period before VIPSX existed. The synthetic returns originally came from an academic paper without tables of data. As I recall, the person who generated the annual retu...
by House Blend
Wed Aug 24, 2016 4:03 pm
Forum: Personal Consumer Issues
Topic: Internet security: which is the lesser of 2 evils?
Replies: 39
Views: 3280

Re: Internet security: which is the lesser of 2 evils?

1) See if you can do what you need to do by calling their 800 phone number This. On rare occasions, I've had to do financial transactions while on the road, with online choices limited to public or semi-public wifi or mobile apps. In those situations, I use plain old phone calls from my cell phone....
by House Blend
Mon Aug 22, 2016 5:09 pm
Forum: Investing - Theory, News & General
Topic: Update: Emory & Columbia; New Fiduciary cases: 403b's at MIT Yale NYU & Duke Hopkins Penn Vanderbilt
Replies: 61
Views: 5047

Re: Update: Emory & Columbia; New Fiduciary cases: 403b's at MIT Yale NYU & Duke Hopkins Penn Vanderbilt

^The multiple administrators thing is standard in the 403(b) world. No doubt there is potential for abuse or corruption wherever large sums of money are involved, but it can also be used to drive competition among the TPAs. (Works better if your employees have have billions invested in the plan, rat...
by House Blend
Mon Aug 22, 2016 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Filling the brackets: Roth Conversion vs Tax Gain Harvest
Replies: 6
Views: 512

Re: Filling the brackets: Roth Conversion vs Tax Gain Harvest

Another consideration is the conflict between gain harvesting and loss harvesting. For example, if you have been taxable investing and diligently harvesting losses over a long period, you will likely have accumulated a large bank of carryover losses if/when you enter the 0% LTCG bracket in pre-RMD, ...
by House Blend
Mon Aug 22, 2016 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Timing for RMD withdrawals?
Replies: 33
Views: 2812

Re: Timing for RMD withdrawals?

If you take the RMD from TSM and invest it in TSM, it would seem best to do it early in the year because if it grows further in a tIRA then when you or your heirs eventually withdraw it, regular income taxes would be due. If it grew in a taxable account, it would eventually be subject to LTCG rates...
by House Blend
Sun Aug 21, 2016 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Timing for RMD withdrawals?
Replies: 33
Views: 2812

Re: Timing for RMD withdrawals?

You can pay the taxes from either: *Withholding from the RMD ( not recommended if doing a conversion as you will lose this space forever in your Roth). --this also decreases the number of shares you own unless you buy the same number in your taxable account Conversions and RMDs are two different tr...
by House Blend
Sun Aug 21, 2016 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Timing for RMD withdrawals?
Replies: 33
Views: 2812

Re: Timing for RMD withdrawals?

You can pay the taxes from either: *Withholding from the RMD ( not recommended if doing a conversion as you will lose this space forever in your Roth). --this also decreases the number of shares you own unless you buy the same number in your taxable account Conversions and RMDs are two different tr...
by House Blend
Sat Aug 20, 2016 10:26 am
Forum: Investing - Theory, News & General
Topic: Update: Emory & Columbia; New Fiduciary cases: 403b's at MIT Yale NYU & Duke Hopkins Penn Vanderbilt
Replies: 61
Views: 5047

Re: Update: Emory & Columbia; New Fiduciary cases: 403b's at MIT Yale NYU & Duke Hopkins Penn Vanderbilt

Notice that all are private schools. I believe the reason is that Public U/Govt retirement plans are not subject to ERISA. (Or simply the fact that it is harder to sue the gubmint.) Otherwise, the University of Calif. would be an attractive target, with probably ~10 times the assets of any of the pl...
by House Blend
Fri Aug 19, 2016 9:25 pm
Forum: Investing - Theory, News & General
Topic: High RMD’s, would you do anything different?
Replies: 54
Views: 5249

Re: High RMD’s, would you do anything different?

I would say the idea is to 1. Retire early and 2. Live off of taxable account while paying little to no taxes and 3. Doing 401(k)/IRA to Roth IRA conversions while in that low tax bracket every year until RMD age, so that 4. At RMD age, you can make QCDs and not 5. Have to pay any taxes while 6. Li...
by House Blend
Wed Aug 17, 2016 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA to Roth conversion, how to pay tax and have 100% of it go to my Roth?
Replies: 30
Views: 1790

Re: Rollover IRA to Roth conversion, how to pay tax and have 100% of it go to my Roth?

Just so there's no misunderstanding, that assumes that any estimated taxes were paid equally throughout the year. Otherwise you'll need Form 2210 I know I'm getting picky, but this statement only applies if your income is paid to you equally throughout the year. Suppose you had no income one year e...
by House Blend
Wed Aug 17, 2016 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Tax strategy - Inherited tIRA to Roth 403b?
Replies: 2
Views: 272

Re: Tax strategy - Inherited tIRA to Roth 403b?

* Are you Single or MFJ? * Do you really mean Taxable Income = $53K? (I'm guessing not.) FWIW, Gross Wages, Adjusted Gross Income, and Taxable Income are three completely different things, and confusing them can lead to strategic mistakes. Independent of that, given that you have penalty-free access...
by House Blend
Tue Aug 16, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX Vs. FSTVX - Capital Gains
Replies: 5
Views: 678

Re: VTSAX Vs. FSTVX - Capital Gains

There's a bit more to the story.

Because the Vanguard ETF for Total Stock is another share class alongside VTSAX, it means that mutual fund shareholders get to share in the tax advantages of the ETF. That's why VTSAX has never had a cap gains distribution in the 15 years since VTI was created.
by House Blend
Tue Aug 16, 2016 11:34 am
Forum: Investing - Help with Personal Investments
Topic: TIAA vs Fidelity at new employer
Replies: 12
Views: 706

Re: TIAA vs Fidelity at new employer

I agree though that the TIAA Life Cycle Index funds, institutional class, are very attractive at 12 bp for this stage of your life; I have a hard time believing you are going to find something that clearly beats this, given the other demands on your time, energy, and attention. However, I see no ev...
by House Blend
Tue Aug 16, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Using TIAA traditional to park cash.
Replies: 3
Views: 338

Re: Using TIAA traditional to park cash.

The $150K in taxable might be worth $75K when you need it. As long as you're ok with that, then it looks good to me. FWIW, I wouldn't call this "parking cash". As long as it doesn't interfere with having access to sufficient capital, it boils down to increasing the return on your portfolio...
by House Blend
Mon Aug 15, 2016 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help- TIAA Traditional Contract, no new contributions allowed in it
Replies: 7
Views: 741

Re: Help- TIAA Traditional Contract, no new contributions allowed in it

I will not be concerned as if I understand correctly, you can still move money between investments in the old contract. So assuming your old contract does not consist of TIAA Traditional only, say you have equity index, then you can do the following: Put $X in equity index in the new contract from ...

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