Search found 204 matches

by S17C
Sat Aug 19, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: 21 AUG 2017 solar eclipse's effect on volume of USA stock market trading
Replies: 3
Views: 491

21 AUG 2017 solar eclipse's effect on volume of USA stock market trading

Curious to see how the solar eclipse in the USA affects market trading on Monday, 21 August 2017. Not a superstition thread but based on market statistics: millions will be traveling into the path of totality. Numerous businesses and organizations there are closing for at least part of the day. Othe...
by S17C
Fri Aug 18, 2017 9:07 am
Forum: Investing - Theory, News & General
Topic: International equity index has a significant amount of short-term holdings. Attain global cap weight?
Replies: 7
Views: 677

Re: International equity index has a significant amount of short-term holdings. Attain global cap weight?

What grabiner said. Also note that it is kind of silly to care about 2% deviations in asset allocation considering the error bars in all the estimates that underlying them. This thread is posted in the theory forum. If I don't ask, I wouldn't learn. And that is one of the reasons I visit Bogleheads...
by S17C
Wed Aug 16, 2017 8:30 pm
Forum: Investing - Theory, News & General
Topic: International equity index has a significant amount of short-term holdings. Attain global cap weight?
Replies: 7
Views: 677

Re: International equity index has a significant amount of short-term holdings. Attain global cap weight?

Thank you for that information. You're right, I just checked the composition for international and there are 1.35% Futures/Options/Swaps, 1.54% FX Forwards and 0.94% Cash/Other which equals roughly 3.8%
by S17C
Wed Aug 16, 2017 6:44 pm
Forum: Investing - Theory, News & General
Topic: International equity index has a significant amount of short-term holdings. Attain global cap weight?
Replies: 7
Views: 677

International equity index has a significant amount of short-term holdings. Attain global cap weight?

Taking a look at international equity index fund [FTIPX] shows that it holds about 3.8% of the assets in short-term holdings rather than equity. In contrast, US Total Stock Market [FSTVX] currently holds less than 0.5% in short-term. (Figures calculated with Fidelity's portfolio "Analysis" feature w...
by S17C
Tue Aug 15, 2017 11:48 pm
Forum: Investing - Theory, News & General
Topic: Market timing alert !!
Replies: 24
Views: 4423

Re: Market timing alert !!

Since you bought $10K, Vanguard should switch VGTSX to the corresponding admiral share version (VTIAX) with lower expense ratio of 0.11% versus 0.18%. If not then contact them.
by S17C
Tue Aug 15, 2017 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: SINGLE FUND for retirement
Replies: 11
Views: 2172

Re: SINGLE FUND for retirement

Since I am new, I would like to make a one time investment of $3,000 (with maybe monthly payments of $20-50 a month). 4) Vanguard VTI (Vanguard Total Stock Market) + VXUS (Intl). This is not a one fund investment, but I can set 70% VTI and 30% VXUS. With option 4 ... a $50 monthly investment will a...
by S17C
Sat Aug 12, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 1802

Re: When to pay estimated taxes on mutual fund distributions in December 2018?

Does the IRS know that a distribution is paid-out in December 2018, rather than January 2018? Do the tax statements include a date of when the distribution was made? If so, that would show that I wasn't holding out on making quarterly payments.
by S17C
Sat Aug 12, 2017 1:48 am
Forum: Personal Finance (Not Investing)
Topic: When to pay estimated taxes on mutual fund distributions in December 2018?
Replies: 32
Views: 1802

When to pay estimated taxes on mutual fund distributions in December 2018?

Fidelity's mutual funds for Total U.S. Stock Market and international will pay a hefty distribution in December 2018. Each around $0.97 per share in dividends and $0.30 per share in capital gains. If investors wait until April 2019 to pay the taxes due, this could create a penalty for owing more tha...
by S17C
Sun Jul 30, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Indirectly shifting shares from IRA into Taxable. Is this an efficient strategy?
Replies: 5
Views: 416

Re: Indirectly shifting shares from IRA into Taxable. Is this an efficient strategy?

OK, sounds like my portfolio needs to avoid these nonqualified distributions in INTL, so I should reverse my plan and put as much INTL into the IRA as possible. Therefore I will invest $2000 into USA TSM mutf in taxable (and nothing more into INTL in taxable until the IRA funds are shifted toward IN...
by S17C
Sun Jul 30, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Indirectly shifting shares from IRA into Taxable. Is this an efficient strategy?
Replies: 5
Views: 416

Re: Indirectly shifting shares from IRA into Taxable. Is this an efficient strategy?

I'm going to keep about $15000 in the IRA's International mutual fund to have the ability to do tax-free balancing. Wondering about trading efficiency to shift funds (within the IRA) if, for example, one fund is soaring and the other is stagnant. Or maybe it is less efficient to shift funds with the...
by S17C
Sun Jul 30, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Indirectly shifting shares from IRA into Taxable. Is this an efficient strategy?
Replies: 5
Views: 416

Indirectly shifting shares from IRA into Taxable. Is this an efficient strategy?

Current investment accounts hold the same two mutual funds: TAXABLE U.S.A. TSM 50% Total International 50% IRA U.S.A. TSM 50% Total International 50% Each month I have been investing $1000 TSM and another $1000 INTL in the Taxable Account. And $5500 is annually invested 50/50 in the IRA each January...
by S17C
Sun Jul 23, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Can I transfer in kind if I don't have fund minimum?
Replies: 3
Views: 434

Re: Can I transfer in kind if I don't have fund minimum?

Maybe it's a million dollars to buy into the fund but then the balance can dip below seven digits down to a minimum amount without consequence. Below that minimum, the fund may impose a low balance fee (annual, quarterly, monthly etc). This fee may be waived since your assets are with their firm and...
by S17C
Sat Jul 22, 2017 1:54 am
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 8403

Re: Can anyone convince me I need international stock in my portfolio?

Here is a 52 minute webinar recorded last week on international investing. It's on the Fidelity website and is viewable without login. m Listen in on this recorded webinar where Yasmin Landy, one of Fidelity's leading professionals on international equity markets, discussed some of the dynamics and ...
by S17C
Thu Jul 20, 2017 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Unwise to contribute to the same equity index fund in both taxable and IRA account? [Preparing for TLH]
Replies: 17
Views: 1413

Unwise to contribute to the same equity index fund in both taxable and IRA account? [Preparing for TLH]

I'm first time equity index investor in 2017 (no contributions to bonds). I chose the same index fund for both my taxable account and IRA account. I'm making monthly contributions in taxable and I'm also Dollar Cost Averaging approximately $458.33 per month into the IRA, rather than a lump sum inves...
by S17C
Wed Jul 19, 2017 10:51 am
Forum: Investing - Theory, News & General
Topic: A closer look at taxes/distributions: Fidelity vs. Vanguard
Replies: 16
Views: 2255

Re: A closer look at taxes/distributions: Fidelity vs. Vanguard

Turbo Tax needs to correct the information on their site, if short-term gains cannot be off-set: "Can I deduct my capital losses? Yes, but there are limits. Losses on your investments are first used to offset capital gains of the same type. So short-term losses are first deducted against short-...
by S17C
Wed Jul 19, 2017 1:31 am
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4312

Re: Expense Ratios, how high is too high

Here is a Fidelity webpage where they list their index funds' expense ratios (for Premium shares $10K minimum) in comparison to Vanguard's:

https://www.fidelity.com/mutual-funds/i ... ndex-funds
by S17C
Wed Jul 19, 2017 1:01 am
Forum: Investing - Theory, News & General
Topic: A closer look at taxes/distributions: Fidelity vs. Vanguard
Replies: 16
Views: 2255

Re: A closer look at taxes/distributions: Fidelity vs. Vanguard

One other point: If the fund ever distributes short term capital gains, that would be considerably worse on a dollar for dollar basis. Those are taxed at the higher ordinary income tax rates, and cannot be cancelled out by harvested capital losses. I thought short term capital gains could be cancel...
by S17C
Wed Jul 05, 2017 10:20 pm
Forum: Investing - Theory, News & General
Topic: Long-term result of investing the property tax payments in TSM?
Replies: 2
Views: 339

Long-term result of investing the property tax payments in TSM?

Some U.S. municipalities have semi-annual payment due dates and don't offer any incentive for paying-off yearly property taxes early. Almost half of the year to let that money have an opportunity to grow either in online savings 1.2% / CD 1.5% (losing to inflation), or risk higher growth by investin...
by S17C
Tue Jul 04, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 17004

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Still wondering about this question: VMMXX prime money account pays dividends at the end of the month. If someone withdraws a majority of their VMMXX account on the 27th or 28th (leaving just the minimum balance), then is that person's dividend payment on the 30th reduced because they redeemed befor...
by S17C
Tue Jul 04, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 17004

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

If prime money market fund ever had to 'break the buck,' then is that part of the money gone forever, or can holding long-term potentially see the return of the NAV back to $1.00? Community Bankers U.S. Government Money Market offered no choice but to be liquidated for a loss in 1994. In 2008, a Le...
by S17C
Tue Jul 04, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 17004

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I see that VMMXX prime money account has dividends at the end of the month. If someone withdraws a majority of their VMMXX account on the 27th or 28th (leaving just the minimum balance), then is that person's dividend payment on the 30th significantly impacted? Also another question. If prime money ...
by S17C
Mon Jul 03, 2017 7:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 17004

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

How often are interest payments added to VMMXX Prime MM accounts?
by S17C
Sun Jul 02, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: With online savings above 1%, why do individuals stay invested in US Short-Term Treasuries index funds?
Replies: 16
Views: 2224

With online savings above 1%, why do individuals stay invested in US Short-Term Treasuries index funds?

Vanguard's and Fidelity's US Short-Term Treasuries Bond Index mutual funds (VSBSX and FSBAX) have the potential to lose value, as FSBAX has dropped 0.65% in the past year. With online savings accounts over 1%, why do investors still keep their money in short-term treasuries index funds?
by S17C
Sat Jul 01, 2017 5:21 pm
Forum: Investing - Theory, News & General
Topic: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?
Replies: 50
Views: 5130

Re: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?

Another possible explanation: the expectation of buying after the previous day's dip attracted short-term traders who then sold and locked in gains.
by S17C
Sat Jul 01, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?
Replies: 50
Views: 5130

Re: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?

Could daytraders have caused that impact to the US Stock Market?
by S17C
Sat Jul 01, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?
Replies: 50
Views: 5130

What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?

U.S. stocks gradually rose on Friday from late morning until 3:50pm. The last ten minutes saw a sell-off. ITOT (Total US Stock Market) dropped 0.34% from 3:50 to 4:00 p.m. What may have caused the sell-off? In the big picture that relatively small drop won't matter, but I'm trying to learn about pos...
by S17C
Fri Jun 30, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 91
Views: 15721

Re: Switching to Fidelity's new Total International Index (includes small cap!)

I have more than $100k of FTIPX in my account. I was also block from buying one order over 100k, but buying two orders (even one the same say) was fine ($150k & $300k intl. in each acct.) I just placed two separate orders for FTIPX. Combined they are over $100K. I too bought more than $100K in ...
by S17C
Thu Jun 29, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: Why were dividends so comparitively low on this mutual fund? [FTIPX]
Replies: 9
Views: 841

Re: Why were dividends so comparitively low on this mutual fund? [FTIPX]

Dividends matter to me since I'm taxed on them whether reinvested or not.

Do new mutual fund (like FTIPX) dividends tend to rise gradually or suddenly in the first years ($0.037 to $0.20+ per share)?
by S17C
Wed Jun 28, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: Why were dividends so comparitively low on this mutual fund? [FTIPX]
Replies: 9
Views: 841

Why were dividends so comparitively low on this mutual fund? [FTIPX]

FTIPX (Fidelity's Total International Index) paid out dividends of only about 3.7 cents per share in December 2016. On the other hand, an established Fidelity international fund FSGDX with a similar NAV paid about 21.8 cents per share in December dividends. Is the large difference in dividends prima...
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: 718

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: 718

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: 718

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: 1041

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.Ā  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: 1041

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: 1041

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: 617

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: 549

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: 549

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: 549

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: 1317

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: 1317

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: 2883

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: 2864

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: 2864

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.