Search found 207 matches

by InertiaMan
Sun Jul 16, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 984

Re: Large future capital gain

+1 on the donor advised fund. I did that with a modest windfall (aged stock that was 95% gains) during my highest earning income year. Helped w/ the taxes that year, and has made charitable donations SO easy ever since.
by InertiaMan
Tue Apr 25, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Tax efficient method for selling stock?
Replies: 14
Views: 1432

Re: Tax efficient method for selling stock?

So I didn't know that about the 0% longterm capital gains if I have a low income. My total income for 2016 was ~$75,000. I'm taking a new job on August 1 and my total income for 2017 will be somewhere around $130,000. Would that disqualify me from 0% long term capital gains? "low" means <...
by InertiaMan
Tue Apr 25, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Tax efficient method for selling stock?
Replies: 14
Views: 1432

Re: Tax efficient method for selling stock?

A good/accurate answer is dependent on your current income and/or tax bracket. If you have high-ish income, then @livesoft's suggestion to donate the stock to a donor advised fund is a very good idea, assuming you have interest in charitable giving. If you have low income (10 or 15% tax bracket) you...
by InertiaMan
Fri Jan 29, 2016 6:28 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 181
Views: 27617

Re: QSPIX Nightmare - Closed Off to Retail Investors

As far as I know, it isn't happening at Fidelity. I exchanged some QICNX to QEENX in early December at Fidelity to rebalance. The restriction was on QSPIX, and Scottrade was the only brokerage with it available. Fidelity still has QSPNX available. Scottrade also had more lower minimums and lower fe...
by InertiaMan
Fri Jan 29, 2016 5:05 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 181
Views: 27617

Re: QSPIX Nightmare - Closed Off to Retail Investors

It appears that AQR may have chosen to begin enforcing their minimums and/or RIA requirements. First at Fidelity in October and now at Scottrade. Who knows if AQR was oblivious regarding QSPIX $100 minimums at Scottrade, or if they were aware but tolerated it for unknown reasons. Either way, it look...
by InertiaMan
Thu Jan 28, 2016 8:51 pm
Forum: Investing - Theory, News & General
Topic: AQR Style Premia Alternative (QSPIX) to close; AQR Style Premia Alternative II to open
Replies: 82
Views: 11230

Re: AQR Style Premia Alternative (QSPIX) to close; AQR Style Premia Alternative II to open

AQR site says close date is march 31. Does anyone have the R6 shares? looks like they're available at Scottrade. Better deal than I shares? edit: R6 shares only available to advisor-linked accounts. Sorry for the misinfo Yep, it looks like AQR pushed out the soft close date from 1/29 to 3/31. Inter...
by InertiaMan
Thu Dec 31, 2015 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Perhaps I mis-understand the pro-rata rule. Some artificial numbers to ease the discussion: assume a $40k IRA balance, $30k of it is cost basis originating from post-tax/non-deductible contributions and $10k in gains. If one converts $30k to Roth and rollover $10k to 401k, then the $30k is all post-...
by InertiaMan
Thu Dec 31, 2015 2:07 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 181
Views: 27617

Re: QSPIX Nightmare - Closed Off to Retail Investors

Anyone holding QSPIX or QSPNX at Schwab? It appears that QSPIX is still available for purchases at $100,000 minimum and QSPNX at $1 minimum. I checked w/ a friend via her taxable account, so not sure if same availability/limits apply inside IRA (she didn't have one to check). Perhaps Schwab is an op...
by InertiaMan
Wed Dec 30, 2015 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Well this clusterf*%# is going down to the wire. As I noted earlier, on Monday my account once again had $.02 in it as a result of the final dividend after the second check was issued. But before I could covert it to Roth on Monday morning, VG had already trigger a check to be sent, coded as a direc...
by InertiaMan
Fri Dec 25, 2015 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

What if I convert the last $.02 over to my Roth account and pay tax on that $.02? Is that another way out of this situation? Converting is substantially easier to accomplish than a distribution (just a few mouse clicks). Given the modest $$ at stake here, in hindsight I would have just converted the...
by InertiaMan
Fri Dec 25, 2015 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Well the saga continues. Apparently getting an IRA balance to zero is easier said than done. I'll likely need to follow one of the actions noted in the two posts above (taking a $.02 distribution) to get this done. But in the meantime, entertain yourself with this mess: After asking Vanguard to send...
by InertiaMan
Thu Dec 24, 2015 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Employee Deferred Investment Plan
Replies: 3
Views: 552

Re: Help with Employee Deferred Investment Plan

How can you gain access to the previously deferred funds?
Or how can you gain access to the current plan so you can defer additional funds?
by InertiaMan
Mon Dec 21, 2015 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Well I thought I had this all done. I transferred the cost basis to a Roth, and got the check for the balance of the account from Vanguard, and mailed it to my company plan custodian. And then . . . out of the blue, $.02 shows up in the VG IRA balance. Somehow they mis-predicted the prorated dividen...
by InertiaMan
Mon Dec 14, 2015 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Is there something unique about rolling over into a company 401k plan, as opposed to another IRA, for this no-tax-now approach? After I convert the exact cost basis amount to a Roth, what if I then rollover the balance of the VG tIRA to a different tIRA at another custodian? This would still leave t...
by InertiaMan
Sat Dec 12, 2015 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Another question occurred to me . . . Does my account balance at the VG tIRA reach zero the day they cut the check? Or the day that check clears after Fidelity (employer 401k custodian) deposits it in the 401k? Lots of one-day delays I'm encountering are dragging this out. One day to wait for the up...
by InertiaMan
Thu Dec 10, 2015 8:28 pm
Forum: Investing - Theory, News & General
Topic: Early Retirement?
Replies: 37
Views: 6234

Re: Early Retirement?

My recommendation to the OP would be to stretch for a few more years before retiring. Your current savings rate is huge; walking away from that while in full swing is a risky step. Every additional year that you can achieve +$150k/year accumulation rather than -$90k/year spend (less if you reduce sp...
by InertiaMan
Thu Dec 10, 2015 7:53 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 400
Views: 78241

Re: "Vanguard converting mutual fund accounts to brokerage?

I bumped into this issue today when trying to convert my traditional IRA at VG to a Roth. Opened an empty Roth, clicked through to do the transfer from IRA to Roth . . . and got an error saying something like "transfers not permitted across platforms." Called Vanguard. I have to "upgr...
by InertiaMan
Thu Dec 10, 2015 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

My TIRA is at Vanguard and the last contribution was made in February, and all contributions over the years were from Vanguard taxable accounts, so that shouldn't be an issue. But perhaps the freshly created Roth at Vanguard might face delays in transferring to Scottrade? Scottrade told me that they...
by InertiaMan
Thu Dec 10, 2015 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Slight tangential question . . . Is there any time constraint w.r.t. the conversion of a TIRA to Roth? For example, can I open a TIRA and make my 2016 contribution on Jan 4th, and then convert into my Roth on Jan 6th? FWIW, I already made my $6500 contribution to TIRA for 2015, and my income for 201...
by InertiaMan
Thu Dec 10, 2015 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

OK, I get it. Thanks for the thoroughness in your replies. I just got off the phone w/ my employer plan and I'm confident that I can get this finished by 12/31. My employer plan custodian tells me they will post the transaction within 48 hours of receiving my rollover form and Vanguard check. I'll a...
by InertiaMan
Thu Dec 10, 2015 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

@DSInvestor, It seems like your statements immediately above contradict your post from Feb 5th two posts higher in the thread. In your Feb 5th post, you say that if I convert an amount exactly equal to cost basis, and then rollover the balance into a 401k, then I pay no taxes. Is there something abo...
by InertiaMan
Thu Dec 10, 2015 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correctly?

Re-visiting this transaction, since my procrastinating butt is finally getting around to it. So essentially I just open an empty Roth IRA, then transfer in an amount exactly equal to my cost basis from the TIRA. What remains in the TIRA can either be left there, or rolled to an employer plan. So my ...
by InertiaMan
Thu Dec 10, 2015 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Confirm how 0% cap gains bracket works
Replies: 20
Views: 2192

Re: Confirm how 0% cap gains bracket works

Her income will rise in 2016, hence the intent to harvest all the cap gains in 2015. I'm familiar w/ the various methods of transfer between custodians. The way her current account at Schwab is set up, we don't even need the advisor to do anything; all sells and transfers can be done directly throug...
by InertiaMan
Wed Dec 09, 2015 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Confirm how 0% cap gains bracket works
Replies: 20
Views: 2192

Re: Confirm how 0% cap gains bracket works

......................... Niece will not be claimed as dependent on parents' filing, so she can use that extra $4000. ............................................. Others have already commented on this. Just highlighting for OP just to be sure it is understood. The question is not whether niece wil...
by InertiaMan
Wed Dec 09, 2015 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Confirm how 0% cap gains bracket works
Replies: 20
Views: 2192

Re: Confirm how 0% cap gains bracket works

Thanks for all the comments. Niece will not be claimed as dependent on parents' filing, so she can use that extra $4000. Stocks were given as gifts incrementally over several years. Giver not deceased (I probably shouldn't have termed this an inheritance). There will be maybe $2k of dividend income,...
by InertiaMan
Wed Dec 09, 2015 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Confirm how 0% cap gains bracket works
Replies: 20
Views: 2192

Re: Confirm how 0% cap gains bracket works

Ah yes, that would be important, eh? Yes, these are all long term cap gains. Thanks for highlighting that.
by InertiaMan
Wed Dec 09, 2015 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Confirm how 0% cap gains bracket works
Replies: 20
Views: 2192

Confirm how 0% cap gains bracket works

I'm helping my niece move some modest inheritance out of active mutual funds and into index funds. I'd like to confirm my understanding of the tax treatment of income & cap gains at low tax brackets. The situation is approximately $26k of income and $20k of capital gains, filing singly. The 0% c...
by InertiaMan
Tue Dec 08, 2015 1:28 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 181
Views: 27617

Re: QSPIX Nightmare - Closed Off to Retail Investors

And remember if it grows at 6-7% a year, if you have a significant amount of QSPIX it'll be a long time before your QSPNX contributions catch up. My concern is, if last year is any indication, most of the annual gain is thrown off in the December distribution. So without re-investment, one's alloca...
by InertiaMan
Sat Dec 05, 2015 8:51 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 181
Views: 27617

Re: QSPIX Nightmare - Closed Off to Retail Investors

This is disappointing. I was considering increasing my allocation from 7% to 10% on QSPIX but that now appears out of the question since I can't move out of Fidelity (QSPIX is held in my self-directed brokerage option of employer's 401k at Fidelity). Though I am relieved that I went through with my ...
by InertiaMan
Mon Nov 09, 2015 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: help assessing risk of promissory note w/ Techshop, Inc.
Replies: 35
Views: 5180

help assessing risk of promissory note w/ Techshop, Inc.

For folks not familiar w/ Techshop, it is a chain of DIY workshop facilities. They provide extensive tooling and classes for CNC machines, welding, sewing, traditional wood and metal tools, etc. They've been around for nearly 10 years and have locations in 8 (soon to be 10) cities in the U.S. You ca...
by InertiaMan
Fri Feb 13, 2015 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Recommend a CPA in Montana?
Replies: 0
Views: 258

Recommend a CPA in Montana?

Does anyone have experience w/ a CPA in Montana they would recommend? I need one to assist me with an LLC that will have very modest revenues (<$10k/yr) so I'm not going to make them rich. I'm willing to pay a fair price per-hour for initial guidance and likely some perpetual annual accounting &...
by InertiaMan
Tue Feb 10, 2015 8:03 pm
Forum: Investing - Theory, News & General
Topic: Best Small Cap Value Funds
Replies: 44
Views: 7376

Re: Best Small Cap Value Funds

Personally, I don't find any of the analogies above to be very appropriate for fee waivers, at least not if we are talking about waivers on the type of funds that Bogleheads would "typically" consider. From my observations, the net ER w/ fee waiver represents the eventual steady-state cost...
by InertiaMan
Mon Feb 09, 2015 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice: 401k and Annual Bonus
Replies: 8
Views: 1548

Re: Need advice: 401k and Annual Bonus

I've helped friends w/ plans like yours, and its pretty annoying. Employers shouldn't be concerned about the timing of your 6% contributions, and plans written this way are essentially just creating hoops to jump through in the hope that they won't have to pay their maximum match, which is apparentl...
by InertiaMan
Mon Feb 09, 2015 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Real Estate asset allocation
Replies: 2
Views: 409

Re: Real Estate asset allocation

If you enter "real estate asset allocation" in the search bar, you'll find several threads, some pretty recent, and most pretty helpful.

There are a variety of opinions, but most of them tend toward the "treat it separately" theme.
by InertiaMan
Mon Feb 09, 2015 5:20 pm
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 133
Views: 32376

Re:

any special interest community will be shocked at how people outside of their community don't conform. right now there's someone posting on a body piercing forum who's shocked at the ridiculously low number of body piercings by age group. I realize this thread is nearly 4 years old, so I'm late to ...
by InertiaMan
Sat Feb 07, 2015 2:23 pm
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 58667

Re: An alternative to alternative investments [QSPIX]

In retrospect I suppose my post came off sort of snarky, and I apologize. I didn't mean it that way. I took it a little snarky, so I responded a little defensive. Peace. BTW, the civility of Bogleheads forums has always impressed me. Some of my other internet forums cover equally benign topics (ie,...
by InertiaMan
Sat Feb 07, 2015 1:50 pm
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 58667

Re: An alternative to alternative investments [QSPIX]

And if it's hard to get even a quarterly digest of such info I'd give that a demerit (it was mentioned Fidelity offers this fund in small amounts, they collectively are a FINRA registered rep, so I suppose one could bug them to get that report for you if you invested in it through them), just in te...
by InertiaMan
Sat Feb 07, 2015 1:15 pm
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 58667

Re: An alternative to alternative investments [QSPIX]

With all due respect... You don't really know what you are investing in. It's too much work to figure it out. You don't even know if I own QSPIX, let alone if I understand it or not. Understanding QSPIX doesn't require a willingness, or even capacity, to decompose the holdings to the extent necessa...
by InertiaMan
Sat Feb 07, 2015 1:07 am
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 58667

Re: An alternative to alternative investments [QSPIX]

Hi Bogleheads, Would anyone be able to explain the funds YTD performance? What is the component of the fund that has caused it to have such a bad start to the year? Its been a pretty tough past 7 days for QSPIX, eh? At least the first two weeks of the year had a good run. Its definitely challenging...
by InertiaMan
Thu Feb 05, 2015 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correct

DSInvestor Thanks for explaining the mechanics of this. So in other words, when I do the 8606 w/my 2015 return, it will reconcile all this w/ the IRS. But the actual conversion won't require anything other than "pulling the trigger" at Vanguard. My latest 8606 has the correct cost basis ca...
by InertiaMan
Wed Feb 04, 2015 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correct

DSInvestor wrote:Do you have the 8606 forms to track the IRA basis for each year that you contributed?

I filed 8606 forms each year. Is there a step in the conversion which requires these forms, or do I need them only in the case of the IRS challenging my cost basis?
by InertiaMan
Wed Feb 04, 2015 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Re: Roth IRA conversion: confirm I'm approaching it correct

Although I would suggest you invest in something that might earn more. Only $5k of earnings over 8 or 9 years seems haywire. JW Opened the IRA in late 2007 just before I began learning from Bogleheads. Second contribution was in early 2008. Balance was initially in an equity fund which lost 30-40%?...
by InertiaMan
Wed Feb 04, 2015 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA conversion: confirm I'm approaching it correctly?
Replies: 35
Views: 3393

Roth IRA conversion: confirm I'm approaching it correctly?

I have a (non-deductible) traditional IRA at Vanguard. I intend to convert it to a Roth unless I've misunderstood something. I'm 51, early retired, single. IRA balance is ~ $50k, of which ~$45k is contributions and ~$5k is appreciation. None of the contributions to the IRA were deductible. I have no...
by InertiaMan
Wed Jan 28, 2015 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Best Online Savings bank
Replies: 52
Views: 12259

Re: Best Online Savings bank

Am I missing some detail which would contradict this apparent advantage to using a 5 year CD even if I "need" a 2 year CD? I think I've answered my own question after doing some additional searches/reading. Apparently there have often been times when the CD rates and early withdrawal pena...
by InertiaMan
Wed Jan 28, 2015 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Best Online Savings bank
Replies: 52
Views: 12259

Re: Best Online Savings bank

I'm in the process of moving some cash to a high yield online bank, so this thread has been useful in narrowing my choices to either Ally or Barclays. I have a related question regarding the CD rates and penalties. I'm inclined to do a 5 year CD to get the 2.25% rate, despite the fact that there is ...
by InertiaMan
Tue Jan 27, 2015 8:08 pm
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 58667

Re: An alternative to alternative investments [QSPIX]

While these discussions of QSPIX + beta as an alternative to a typical tilted portfolio are interesting, I think it diminishes the number and diversity of factors and assets that QSPIX is invested in. If you take a simplistic view of the factors (value, momentum, carry, defensive) and assets (equiti...
by InertiaMan
Wed Jan 14, 2015 8:42 pm
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 58667

Re: An alternative to alternative investments [QSPIX]

Fidelity (their webpage today) quotes the ER for QSPIX as 2.15% (as of 5/14). Seeking Alpha quotes it as 2.11%. Has this come down to 1.5%? The various ER figures can be confusing, but I'll try and summarize: 2.15% = all fees (including acquired funds fees and dividends on shorts) and not including...
by InertiaMan
Fri Dec 19, 2014 7:32 pm
Forum: Investing - Theory, News & General
Topic: An alternative to alternative investments [QSPIX]
Replies: 334
Views: 58667

Re: An alternative to alternative investments [QSPIX]

You should know better! QSPIX had a dividend distribution of 1.26832, and today's decline was 1.22. It's up on the day. A stark demonstration that this fund should only be held in tax-advantaged. I saw the same thing today and, even knowing it was a distribution driven price change, was pretty shoc...
by InertiaMan
Fri Dec 19, 2014 6:10 pm
Forum: Investing - Theory, News & General
Topic: Outperforming vs Underperforming Investors in 2014
Replies: 14
Views: 2787

Re: Outperforming vs Underperforming Investors in 2014

Pizzasteve510 wrote:(my fixed asset potion returned 17%)

I'm curious, what fixed income portfolio returned 17% YTD in 2014?
by InertiaMan
Mon Dec 08, 2014 10:49 pm
Forum: Investing - Theory, News & General
Topic: Update: 6 years into Buffett's Bet With Hedge Funds
Replies: 24
Views: 3622

Re: Update: 6 years into Buffett's Bet With Hedge Funds

I want to know how a $320K bond becomes worth $1MM in 10 years time. My interpretation of that statement is that both Buffet and the hedge fund each put up $320k in bonds as their collateral for the bet (for total of $640k) on the premise that the winner would take the total which would be worth $1...

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