Search found 173 matches

by S17C
Fri Jun 16, 2017 11:34 pm
Forum: Investing - Theory, News & General
Topic: Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]
Replies: 9
Views: 622

Re: Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]

In my case, neither lot was big enough; I wanted to buy $12,000 of a fund with a $10,000 minimum, using $7000 from another fund and $5000 from the bank. It wasn't possible to do this until I put the $12,000 all in one place. Not good you were temporarily shut out for that market day, especially if ...
by S17C
Fri Jun 16, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]
Replies: 9
Views: 622

Re: Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]

The client who placed the exchange in the morning doesn't yet own Small Cap in their account. Therefore it doesn't seem possible to indicate online for $1000 purchase in the new Small Cap fund yet. Yes, this would probably take a phone call to the trading desk for execution.
by S17C
Fri Jun 16, 2017 4:36 pm
Forum: Investing - Theory, News & General
Topic: Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]
Replies: 9
Views: 622

Possible to exchange for a new fund and buy more on the same market day? [Mutual Fund]

Hypothetical situation, Vanguard, Fidelity, etc: 9:00 AM. eastern on a market day. Say that someone owns $20K Total Bond but wants to exchange it all for a Small Cap mutual fund, which is not yet owned in the taxable account. (No trading violations or wash sales will occur). Additionally that person...
by S17C
Fri Jun 16, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: What if current year's IRA maxed on Jan 2nd but lose job next day & unemployed rest of year?
Replies: 14
Views: 915

Re: What if current year's IRA maxed on Jan 2nd but lose job next day & unemployed rest of year?

Here's the tax penalty information found in the Fairmark link posted above: Withdrawing excess by due date of return.  If you find that your contribution to a Roth IRA was improper or too large, you can avoid the 6% penalty tax by taking the money out. Relief from the penalty is available only if th...
by S17C
Fri Jun 16, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: What if current year's IRA maxed on Jan 2nd but lose job next day & unemployed rest of year?
Replies: 14
Views: 915

Re: What if current year's IRA maxed on Jan 2nd but lose job next day & unemployed rest of year?

Sounds like there would be an early withdrawal penalty (10%?) to remove the $5000 from the IRA if under age 59.5. So that amounts to about a $500 minimum tax consequence.
by S17C
Fri Jun 16, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: What if current year's IRA maxed on Jan 2nd but lose job next day & unemployed rest of year?
Replies: 14
Views: 915

What if current year's IRA maxed on Jan 2nd but lose job next day & unemployed rest of year?

Curious about this scenario: A person makes the full year's $5,500 IRA contribution on January 2nd in a personal brokerage account and invests it all immediately. On January 3rd the person gets terminated and is unemployed rest of the year (say only $500 total earned income). What is the tax consequ...
by S17C
Thu Jun 01, 2017 2:32 am
Forum: Investing - Help with Personal Investments
Topic: Impending income increase - need help with taxable account and other decisions
Replies: 5
Views: 550

Re: Impending income increase - need help with taxable account and other decisions

Welcome to Bolgeheads! 2. At this time bonds are not part of our portfolio. I am thinking 10-20% in bonds going forward. I welcome comments regarding what people think will be an appropriate AA given our relatively young age. Income will be mid 6 figures next 3 years, then high 6 figures to low 7 fi...
by S17C
Wed May 24, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: Purchase Lot History accounting term needed
Replies: 7
Views: 451

Re: Purchase Lot History accounting term needed

The Fidelity Customer Rep help me navigate on my online account to the website location where the Cost Basis can be self-changed from Average Cost to Actual Cost: 1. Under "Accounts & Trade", click on "Accounts Features". 2. Click on "Brokerage and Trading". 2. Then...
by S17C
Wed May 24, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: Purchase Lot History accounting term needed
Replies: 7
Views: 451

Re: Purchase Lot History accounting term needed

Thank you for that term.

Will changing to Specific Identification affect any tax issues? (Tax Loss Harvesting or Capital Gains when rebalancing, for example).
by S17C
Wed May 24, 2017 3:40 pm
Forum: Investing - Theory, News & General
Topic: Purchase Lot History accounting term needed
Replies: 7
Views: 451

Purchase Lot History accounting term needed

Hello. I'm relatively new to equity investing and recently discovered the button to click on my Fidelity account to see the "Purchase History/Lots." Here's a simplified example of my purchases so far this year in one particular mutual fund: Jan 23: 100 shares purchased at $15.00 NAV =$1500...
by S17C
Mon May 22, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: International fund that has 'only' millions in assets rather than billions? [FTIPX]
Replies: 8
Views: 1177

Re: International fund that has 'only' millions in assets rather than billions? [FTIPX]

FSIIX has 0.2% Emerging Market, while FSGUX has 21.66% EM and FTIPX 21.85% EM.
Using Morningstar XRay: Neither FSGUX nor FSIIX have small cap compared to FTIPX (1 value, 1 blend, 1 growth)
FTIPX is a closer match to Vanguard's Total International Index VTIAX.
by S17C
Sun May 21, 2017 7:30 pm
Forum: Investing - Theory, News & General
Topic: International fund that has 'only' millions in assets rather than billions? [FTIPX]
Replies: 8
Views: 1177

International fund that has 'only' millions in assets rather than billions? [FTIPX]

Fidelity's mutual fund for Total International (FTIPX, inception 6-7-16) has 'only' $291M in portfolio net assets according to their 4-30-17 stats. Other similar funds hold billions, like Vanguard's Total International and Fidelity's other International funds offerings. What issues may arise for inv...
by S17C
Sun May 14, 2017 9:26 pm
Forum: Investing - Theory, News & General
Topic: Letting equity-only portfolio drift for decades (no rebalancing)?
Replies: 27
Views: 2710

Letting equity-only portfolio drift for decades (no rebalancing)?

I read the wiki on Rebalancing, which makes sense for investors with bonds. But what about investors whose portfolios are 100% index equity funds: with TSM 50% and International Index 50%. If, for example, TSM separates from International (57% to 43%), why remove money from TSM or deposit extra fund...
by S17C
Sat May 13, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Total International (0% US equity) for new investor?
Replies: 36
Views: 2577

Re: 100% Total International (0% US equity) for new investor?

Likewise, the 50% International felt like a compromise at the time of my investment.
by S17C
Sat May 13, 2017 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Total International (0% US equity) for new investor?
Replies: 36
Views: 2577

Re: 100% Total International (0% US equity) for new investor?

Based on the high price of TSM, I am considering in comparison to Total International.
by S17C
Sat May 13, 2017 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: 100% Total International (0% US equity) for new investor?
Replies: 36
Views: 2577

100% Total International (0% US equity) for new investor?

I'm new to equity investing after spending the first half of my career saving in CDs while aggressively paying down my mortgage. Earlier in 2017 I paid it off, and now have an Asset Allocation of 90% equities 10% CDs. 50% of the equity is in Total US Stock Market (TSM) and the other 50% is in Total ...
by S17C
Sat May 13, 2017 1:26 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 9196

Re: Home Country Bias...makes sense?

Equities in my portfolio are 50% USA (all TSM shares) and 50% Total International Index.
by S17C
Sat May 13, 2017 9:07 am
Forum: Investing - Theory, News & General
Topic: Bogleheads® Wiki 2017 annual report
Replies: 2
Views: 707

Re: Bogleheads® Wiki 2017 annual report

Happy anniversary!
by S17C
Thu May 11, 2017 9:59 pm
Forum: Investing - Theory, News & General
Topic: What are the benefits of turning-off dividend reinvestment (and capital gains too)?
Replies: 15
Views: 1948

What are the benefits of turning-off dividend reinvestment (and capital gains too)?

Say that an investor has been investing in TSM for a couple years but then decides that S&P 500 Index truly fits that person's IPO better. The general recommendations on Bogleheads posts are to shutoff TSM reinvestments (dividends/capital gains) and just hold that TSM mutual fund which has amass...
by S17C
Wed May 10, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: Twin funds for RMDs: one fund in IRA and the other fund in Taxable account?
Replies: 4
Views: 452

Twin funds for RMDs: one fund in IRA and the other fund in Taxable account?

Say that a 69 year old shifts the investment portfolio Assett Allocation into 40% bonds for the first time after being almost all in equities. First time major purchase in the IRA of Total Bond Index. The person is wanting the money to be kept safe in bonds for potential nursing home expenses in the...
by S17C
Wed May 10, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: Could investors realistically lose money balance on a short-term US Govt. money market?
Replies: 3
Views: 412

Could investors realistically lose money balance on a short-term US Govt. money market?

Re: Fidelity US Government money market fund like SPAXX, which is composed of US Treasuries and US gov. securities. The weighted average maturity is 28 days, while the weighted average life is 67 days. I looked at the Morningstar return of $10,000. Don't think I see a point in the last 27 years wher...
by S17C
Fri May 05, 2017 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Pre-buying $10K TSM so it can be available as a future Tax Harvest partner fund for S&P?
Replies: 16
Views: 1169

Re: Pre-buying $10K TSM so it can be available as a future Tax Harvest partner fund for S&P?

MotoTrojan wrote:With 6-figures in your account, a drop worth harvesting will likely be well over $3K, so I am not sure I'd bother.

Good point.
by S17C
Fri May 05, 2017 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Pre-buying $10K TSM so it can be available as a future Tax Harvest partner fund for S&P?
Replies: 16
Views: 1169

Re: Pre-buying $10K TSM so it can be available as a future Tax Harvest partner fund for S&P?

I've lowered the amount of my original plan: now I plan to purchase only about $3000 of the investor shares of TSM for future Tax Harvesting. Investor shares have a higher expense ratio, but that expense will only cost a few more dollars per year vs. the $10K fund's lower expense ratio.
by S17C
Thu May 04, 2017 11:17 pm
Forum: Investing - Theory, News & General
Topic: basic questions about selling a few shares (capital gain/short-term dividend)
Replies: 10
Views: 469

Re: basic questions about selling a few shares (capital gain/short-term dividend)

I appreciate the information and will take time to review all the links posted in this thread. Thank you again.
by S17C
Thu May 04, 2017 9:56 pm
Forum: Investing - Theory, News & General
Topic: basic questions about selling a few shares (capital gain/short-term dividend)
Replies: 10
Views: 469

Re: basic questions about selling a few shares (capital gain/short-term dividend)

Sounds like this hypothetical trade would face short-term Capital Gain on $50, correct?
by S17C
Thu May 04, 2017 9:47 pm
Forum: Investing - Theory, News & General
Topic: basic questions about selling a few shares (capital gain/short-term dividend)
Replies: 10
Views: 469

Re: basic questions about selling a few shares (capital gain/short-term dividend)

I'm at Fidelity. I think they use First In, First Out, except for determining round-trip violations: in that case they use Last In, First Out if over $1,000 within 30 days of purchase.
by S17C
Thu May 04, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: basic questions about selling a few shares (capital gain/short-term dividend)
Replies: 10
Views: 469

basic questions about selling a few shares (capital gain/short-term dividend)

Hello. I'm new to equity investing. I am wondering how the sale of a few shares will be accounted by most brokerages. Simplified example: For the first time, I bought 1000.000 shares of ABCDE mutual fund at NAV $10.00 = $10,000 purchase. A week later it pays out a short-term dividend which is automa...
by S17C
Thu May 04, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: TSM and S&P indices for Tax Harvesting; do individual brokerages decide what's a wash sale?
Replies: 4
Views: 403

TSM and S&P indices for Tax Harvesting; do individual brokerages decide what's a wash sale?

I read on Boggleheads' posts that there has been no ruling whether S&P and TSM mutual funds are "substantially identical" and many investors have successfully Tax Harvested between the two index funds without question of their tax returns. Do the brokerages account this type of exchang...
by S17C
Thu May 04, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-buying $10K TSM so it can be available as a future Tax Harvest partner fund for S&P?
Replies: 16
Views: 1169

Pre-buying $10K TSM so it can be available as a future Tax Harvest partner fund for S&P?

I'm new to equity investing and recently discovered the potential for Tax Harvesting. So far in my taxable account, my equity consists of S&P 500 Index mutual fund (nearly six-figures) and Total International mutual fund. With a CD maturing soon, I'm planning to add another $10K into S&P 500...
by S17C
Thu May 04, 2017 10:43 am
Forum: Investing - Theory, News & General
Topic: What conditions could make returns for TSM and S&P separate significantly?
Replies: 24
Views: 1507

Re: What conditions could make returns for TSM and S&P separate significantly?

If the number of ultra-profitable large caps increases well beyond 500, then the S&P 500 wouldn't hold them all and could trail behind TSM.
by S17C
Wed May 03, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: What conditions could make returns for TSM and S&P separate significantly?
Replies: 24
Views: 1507

What conditions could make returns for TSM and S&P separate significantly?

Returns for TSM and S&P indexes are relatively close in general. What factors or conditions might create an atmosphere where one of these two indexes obtains a lasting and significant separation from the other? For example: a consumer-movement to shun the mega-corporations in favor of for produc...
by S17C
Tue May 02, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: Buying CDs each month for decades
Replies: 13
Views: 2689

Re: Buying CDs each month for decades

Seeing the negative aspects of a continuous monthly CD ladder.
by S17C
Tue May 02, 2017 12:27 am
Forum: Investing - Theory, News & General
Topic: Buying CDs each month for decades
Replies: 13
Views: 2689

Buying CDs each month for decades

Say that a saver purchases a $1,000 Brokered CD each month (each with a five year term, for example). This investor buys the very first 5-year CD for $1K in May 2017, another in June 2017, July 2017, August 2017... on and on until April 2022. In May 2022 the first $1K CD matures and (along with a ne...
by S17C
Mon May 01, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Impact of Interest Rates on Bonds vs. Bond Mutual Funds
Replies: 16
Views: 1150

Re: Impact of Interest Rates on Bonds vs. Bond Mutual Funds

Thesues wrote:Do MFs hold the bonds to maturity

When interest rates raise: some bond funds sell some of the lower interest rate bonds and purchase ones with higher rates.
by S17C
Thu Apr 27, 2017 11:06 pm
Forum: Investing - Theory, News & General
Topic: Is not Tax Harvesting usually a wasted opportunity?
Replies: 17
Views: 1995

Re: Is not Tax Harvesting usually a wasted opportunity?

The Tax Harvest gives a credit that lowers taxable income. And that credit is potentially a greater amount than a future Capital Gains tax on the redemption of the investment. Sounds like a win.
by S17C
Thu Apr 27, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: Is not Tax Harvesting usually a wasted opportunity?
Replies: 17
Views: 1995

Re: Is not Tax Harvesting usually a wasted opportunity?

How about an investor who invested lump sum in 2006 into S&P, International and a bond fund but hasn't redeemed any shares for the last decade+. Did that investor probably miss out because he or she didn't Tax Harvest along the way?
by S17C
Thu Apr 27, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Is not Tax Harvesting usually a wasted opportunity?
Replies: 17
Views: 1995

Is not Tax Harvesting usually a wasted opportunity?

Many investors share that they Tax Harvest in their taxable accounts. Then there are other investors who have monthly automatic investing set-up and or ignore their investments for long stretches. Say that one mutual fund drops 10% in a month. Some shares holders tax harvest, while some don't even n...
by S17C
Thu Apr 27, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: ETF verses Mutual Funds.
Replies: 37
Views: 2001

Re: ETF verses Mutual Funds.

Do any brokerages offer limit orders on the purchase or sale of mutual funds? Would be beneficial to put in an order with some constraints.
by S17C
Mon Apr 24, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: Morningstar rating: S&P 5-stars, but TSM 4-stars?
Replies: 10
Views: 1293

Morningstar rating: S&P 5-stars, but TSM 4-stars?

What might account for Morningstar rating TSM (VTSAX) 4-stars compared to S&P (VFIAX) 5 stars?
by S17C
Sat Apr 22, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: What bond index recommendations for $10K in Roth IRA?
Replies: 11
Views: 1120

Re: What bond index recommendations for $10K in Roth IRA?

Would Total Bond Index (FSITX) be a good bond investment for the next few years, or would rising interest rates make it potentially stagnant?
by S17C
Fri Apr 21, 2017 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: What bond index recommendations for $10K in Roth IRA?
Replies: 11
Views: 1120

Re: What bond index recommendations for $10K in Roth IRA?

This is part of my Sleep Well At Night money I'd rather not risk to equities. The rest of my portfolio is currently 60/40 (CDs).
by S17C
Fri Apr 21, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: What bond index recommendations for $10K in Roth IRA?
Replies: 11
Views: 1120

What bond index recommendations for $10K in Roth IRA?

I have $10K CD maturing May 1st in my Roth IRA at Fidelity. I would like to keep the new investment bond-like and not risk it in equity. These funds won't be touched for 25+ years. I can get a guaranteed 2.75% per year by purchasing another 10-year non-callable Brokered CD. Is any high-quality bond ...
by S17C
Fri Apr 21, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: SP500, Russel 2000 and mid caps?
Replies: 24
Views: 1907

Re: SP500, Russel 2000 and mid caps?

Interesting thread. Learning from the posts!

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