Search found 3160 matches

by dratkinson
Mon Feb 08, 2016 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting: How do you do it in practice?
Replies: 62
Views: 6208

Re: Tax Loss Harvesting: How do you do it in practice?

... Thanks for your reply and I'm sorry for the vagueness. I have been investing for years and have a lot a LTCG so I have be careful how aggressive of a Boglehead I can be at this time This particular lot is in my taxable account, has a significant LT loss, and I would like to maintain my current ...
by dratkinson
Mon Feb 08, 2016 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting: How do you do it in practice?
Replies: 62
Views: 6208

Re: Tax Loss Harvesting: How do you do it in practice?

I have the opportunity to TLH a lot of Vanguard Selected Value fund (VASVX). I would rather to exchange into in Mid-Cap Value Index (VMVAX) rather going to cash. All of the gains are LTCG. Any problem with the wash sale rule with this trade? I don't think so, but additional opinions would make me f...
by dratkinson
Sun Feb 07, 2016 6:01 am
Forum: Personal Consumer Issues
Topic: Renting Bobcat
Replies: 12
Views: 1181

Re: Renting Bobcat

Idea. If inclined to DIY, you can rent tools to make the job easier: a small track-drive walk-behind bucket loader, electric jackhammer, and small roll-off container to remove patio waste. I rented an electric jackhammer to break up two (mine and neighbor's) concrete walks. Neighbor supplied roll-of...
by dratkinson
Sat Feb 06, 2016 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Buying bond fund outside of IRA, taxes
Replies: 7
Views: 616

Re: Buying bond fund outside of IRA, taxes

I used muni bonds in the 15% tax bracket. A recent check seems to indicate one fund might still produce better after-tax income than total bond market. To save time, see my three posts starting here: https://www.bogleheads.org/forum/viewtopic.php?p=2787993#p2787993 Note. When I mention doing an afte...
by dratkinson
Sat Feb 06, 2016 5:42 pm
Forum: Personal Consumer Issues
Topic: Renting Bobcat
Replies: 12
Views: 1181

Re: Renting Bobcat

Are there ANY underground lines on your property (gas/electric/cable)? If so, you could have the guy come out and mark them. And while talking to him ask if he'd be willing to scan for the line(s) under the pad. Explain the situation, be clear that you're not expecting him to "officially"...
by dratkinson
Fri Feb 05, 2016 12:31 pm
Forum: Investing - Theory, News & General
Topic: Why has growth beaten value recently?
Replies: 6
Views: 590

Re: Why has growth beaten value recently?

Parroting another's thought... "[blank] must fail occasionally to justify its risk premium." Can be applied to stocks, emerging markets, value, size, momentum,....
by dratkinson
Fri Feb 05, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Filing taxes for free in 2016
Replies: 20
Views: 1307

Re: Filing taxes for free in 2016

Google "free file site:irs.gov", no quotes. I used OLT last year and enjoyed using it... after the learning curve.
by dratkinson
Fri Feb 05, 2016 10:39 am
Forum: Investing - Help with Personal Investments
Topic: How to behave on a RGD (Really Good Day)?
Replies: 17
Views: 1754

Re: How to behave on a RGD (Really Good Day)?

Maybe the 5/25 bands are too narrow considering taxes and the volatility of the investment. I agree with this, specifically the 25% deviation part. PME has BIG swings. I hold in tax-advantaged, and still will not be rebalancing that frequently. Recall a past topic in which Larry Swedroe advocated 5...
by dratkinson
Fri Feb 05, 2016 3:28 am
Forum: Investing - Help with Personal Investments
Topic: Leaving FA, plz help review new portfolio
Replies: 22
Views: 1534

Re: Leaving FA, plz help review new portfolio

Be aware that the above is not standard boglehead advice, which is to hold taxable bonds (e.g., total bond market) in qualified accounts before using munis: https://www.bogleheads.org/wiki/Principles_of_tax-efficient_fund_placement Also, read this on muni safety: http://blog.aarp.org/2015/07/14/4-r...
by dratkinson
Thu Feb 04, 2016 6:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Singapore [Local Chapter Interest?]
Replies: 8
Views: 1232

Re: Singapore [Local Chapter Interest?]

Recall a few years back reading the post from a group meeting in Singapore that was trying to follow the BH philosophy using locally available investments. They posted pictures of one of their meetings. Can search forum to find them. (My quick search did not immediately find post.) If you do find t...
by dratkinson
Thu Feb 04, 2016 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving FA, plz help review new portfolio
Replies: 22
Views: 1534

Re: Leaving FA, plz help review new portfolio

@dratkinson - thanks. Your advice makes sense and I will follow. Looks like I will be in 25% again in 2016, I'm pretty sure it does not, but that does not change your recommendation does it? The short answer. No change to recommendation. The long answer. It depends... upon the muni fund's SEC yield...
by dratkinson
Thu Feb 04, 2016 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Free Tax Prep Software with Support for 1099-MISC
Replies: 6
Views: 505

Re: Free Tax Prep Software with Support for 1099-MISC

OLT (online taxes) claims to support 1099-MISC: search "1099-MISC site:olt.com", no quotes.

N.B. Must enter OLT (to start your return) from IRS free file s/w page to get free return: takes you to different URL than above search.
Search "free file site:irs.gov", no quotes.
by dratkinson
Thu Feb 04, 2016 4:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Singapore [Local Chapter Interest?]
Replies: 8
Views: 1232

Re: Singapore [Local Chapter Interest?]

Recall a few years back reading the post from a group meeting in Singapore that was trying to follow the BH philosophy using locally available investments. They posted pictures of one of their meetings. Can search forum to find them. (My quick search did not immediately find post.) If you do find th...
by dratkinson
Thu Feb 04, 2016 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving FA, plz help review new portfolio
Replies: 22
Views: 1534

Re: Leaving FA, plz help review new portfolio

Municipal bond option. Being in the 28% fed tax bracket, you can use the municipal bond option. Why? Muni bonds go into your taxable account, this frees up space in your tax-advantaged space (tax-deferred space: traditional IRA,...; tax-free space: Roth IRA,...). Why do you care? Because stocks are...
by dratkinson
Thu Feb 04, 2016 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: How to behave on a RGD (Really Good Day)?
Replies: 17
Views: 1754

Re: How to behave on a RGD (Really Good Day)?

In the case of a STCG, ignore the rebalance band crossing by not selling. Instead, rebalance with new money and redirected distributions.

Full disclosure. I never sell to rebalance as I hate giving money to uncle sugar, or his cousins at state, before it's necessary.
by dratkinson
Thu Feb 04, 2016 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Tax refund - paper check or direct deposit?
Replies: 13
Views: 756

Re: Tax refund - paper check or direct deposit?

Third option: leave a (small) refund with IRS as a prepayment on next year's taxes owed; there's a box for this on the 1040. Doing this presupposes you can adjust your employment withholdings (lower) to take advantage of the prepayment... so are getting it back through the year that way.
by dratkinson
Wed Feb 03, 2016 6:19 pm
Forum: Investing - Theory, News & General
Topic: Bogle vs. Vanguard on International Funds
Replies: 27
Views: 3613

Re: Bogle vs. Vanguard on International Funds

If valuations matter, it seems that you would always to be able to take advantage of cheaper stocks (regardless of the country of origin). +1 If I need equities and the US is current high, then buying international allows me to the think I'm getting a relative bargain. I'm currently at 20% (of equi...
by dratkinson
Mon Feb 01, 2016 8:43 pm
Forum: Investing - Theory, News & General
Topic: Redeeming I-bonds after 12 months
Replies: 4
Views: 679

Re: Redeeming i-bonds after 12 months

If your local bank will not redeem them for you, try Wells Fargo. If you do not get your money immediately (probably will on $5K), then within one week. The bank will mail you a 1099-INT next January.

If you mail the bonds to Treasury to redeem, may require several weeks to get a check.
by dratkinson
Mon Feb 01, 2016 7:55 pm
Forum: Investing - Theory, News & General
Topic: Collective thoughts [investing mini-reference]
Replies: 43
Views: 121347

Re: Collective thoughts [investing mini-reference]

Whew ! This is simple advice for who exactly ? For those who wish to look under the hood. Otherwise, follow the resulting simplified action steps in the recommended "how-to" investing books. Just like we don't need to understand Tesla on AC power generation/distribution to buy any small a...
by dratkinson
Sun Jan 31, 2016 9:27 pm
Forum: Personal Consumer Issues
Topic: 2 Stage Snow Blower not cleaning well
Replies: 9
Views: 781

Re: 2 Stage Snow Blower not cleaning well

... Then purchase a weight kit. It balances out the machine and it prevents the front from riding up on the snow. It bolts under the front housing. One downside of the weight kit is you wear down your skids faster. The weight kit makes a HUGE difference. The consumable skids be replaced with iron c...
by dratkinson
Sun Jan 31, 2016 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal strategy for tax exempt muni fund
Replies: 22
Views: 1599

Re: Retirement Withdrawal strategy for tax exempt muni fund

+1 on munis keeping us in the 15% tax bracket. I forgot that above. Apologies for attaching a new question (albeit related) to this thread: Is there a max at which tax-free muni income triggers the Alternative Minimum Tax? The short answer. All (bond) income is a potential AMT trigger. The long answ...
by dratkinson
Sat Jan 30, 2016 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Withdrawal strategy for tax exempt muni fund
Replies: 22
Views: 1599

Re: Retirement Withdrawal strategy for tax exempt muni fund

... However, with my preferred AA, I still have the need to invest in bonds in my taxable account during retirement. I'm not a big fan of the low tax equivalent yield of the Tax Eempt Intermediate VF during retirement. ... If you need bonds, then you need bonds. Your choice should be from the field...
by dratkinson
Fri Jan 29, 2016 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Re-buy after TLH? First timer!
Replies: 12
Views: 1123

Re: Re-buy after TLH? First timer!

... I TLH'd yesterday a position I TLH'd 3 weeks ago, so I didn't even wait 31 days. :) .... Oh, I see what you did there. That's the "sold replacement shares at the same time you TLHed" option. So it is sinking in, but does not yet come naturally to mind. But VFTP didn't let your return,...
by dratkinson
Thu Jan 28, 2016 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Enter one or multiple 1099-INTs from TreasuryDirect?
Replies: 4
Views: 424

Enter one or multiple 1099-INTs from TreasuryDirect?

(A quick forum search didn't immediately find answer.) Last year, simplified and made my investing more transparent by selling all TD electronic savings bond. This year, download TD tax document and found each purchase listed with interest earned... but interest earned also totaled. Attached instruc...
by dratkinson
Thu Jan 28, 2016 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Redeemed paper saving bonds: neither fast nor simple.
Replies: 7
Views: 1780

Re: Redeemed paper saving bonds: neither fast nor simple.

Wrap up. Received multiple (in one envelope) 1099-INTs from WF for redeeming ~50 paper savings bonds. Don't understand the logic, but happy it wasn't ~50 1099s. Thank you, Wells Fargo. Received multiple (in one PDF) 1099-INTs from TD for redeeming all electronic bonds. Asked and was told I only need...
by dratkinson
Thu Jan 28, 2016 11:05 am
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9371

Re: What is your favorite Financial Quote or Metaphor??

Don’t be greedy, leave 10% for the other guy. –-unknown Beware of little expenses. A small leak will sink a great ship. --Benjamin Franklin A wise man once recounted this important life lesson: I grew up as a poor kid without any money. Then, I went to work and made lots of money. I bought a boat. I...
by dratkinson
Thu Jan 28, 2016 9:44 am
Forum: Personal Consumer Issues
Topic: Is my package stuck in German customs? Now what?
Replies: 14
Views: 1177

Re: Is my package stuck in German customs? Now what?

I stick with UPS or FedEx for international packages. Costs a bit more but they are both well set up for clearing customs, the local reps are usually friendly and quite knowledgeable about the forms required, and the tracking works properly. +1 USPS package to China never arrived. FedEx and UPS pac...
by dratkinson
Thu Jan 28, 2016 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Re-buy after TLH? First timer!
Replies: 12
Views: 1123

Re: Re-buy after TLH? First timer!

These seem like almost the same funds to me. This isn't a wash sale? "Almost" is not "substantially identical" (IRS words). Why? They track different indexes. Search forum for "substantially identical". Should find discussions and list of criteria to use to determine a...
by dratkinson
Thu Jan 28, 2016 12:57 am
Forum: Investing - Help with Personal Investments
Topic: Re-buy after TLH? First timer!
Replies: 12
Views: 1123

Re: Re-buy after TLH? First timer!

12-28-15 TLH, rearranged to make math columns align becomes...

28-12-15
+31 days to get out of wash sale window, becomes
59-12-15, an invalid Dec date
-31+1, subtract 1 month (Dec) and add 1 month, to test next month, becomes
28-1-16, a valid Jan date

No need to rush.
by dratkinson
Tue Jan 26, 2016 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.
Replies: 16
Views: 1398

Re: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.

^^^ livesoft is correct. This is a wrinkle to the TLH puzzle that I learned (again) only last week. And apparently immediately forgot. Again. See: TLH First Time: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=182308 In above, OP (original post, or original poster) asked if a TLH was okay....
by dratkinson
Tue Jan 26, 2016 5:14 am
Forum: Investing - Help with Personal Investments
Topic: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.
Replies: 16
Views: 1398

Re: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.

Thank you, thank you, thank you. I bookmarked the thread to study later. At about 3:45, I decided it was a good time to sell VTIAX and exchange it for VFWAX. However, as VTIAX had dropped in value, I no longer had the required $10,000 minimum. I decided to go ahead regardless and bought Vanguard To...
by dratkinson
Mon Jan 25, 2016 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.
Replies: 16
Views: 1398

Re: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.

If I sell VTIAX, and buy and hold VFWAX for an indefinite time - e.g. at least a year will there be no danger of a wash sale? This is a question to understand how this process works. I have not investigated VFWAX as a long-term fund to hold. The short answer. Yes, but you don't need to wait a year....
by dratkinson
Mon Jan 25, 2016 4:36 am
Forum: Investing - Help with Personal Investments
Topic: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.
Replies: 16
Views: 1398

Re: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.

Thanks for all of the help. I have am no longer reinvesting capital gains and dividends but have them paid to my Checking account . I want to keep VTSAX in my taxable and in my Roth so I won't be going back to Life Strategy. ... I also have a loss in VTIAX in my taxable and I am considering doing s...
by dratkinson
Sun Jan 24, 2016 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus vs TurboTax vs H&R Block for 2015
Replies: 77
Views: 4989

Re: TaxAct Plus vs TurboTax vs H&R Block for 2015

I used OLT (online taxes) last year and this. Found its menu-driven interface makes it the fastest product I've every used. Must enter from IRS free file s/w referral page (different URL) to be eligible for free tax returns: fed, state, efile. If you make too much to qualify for free returns (>$62K)...
by dratkinson
Sun Jan 24, 2016 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.
Replies: 16
Views: 1398

Re: Is this a wash sale? Bought VTSAX in Taxable but it is also in Roth.

Now would be a good time to plan to avoid future wash sale issues. How? The general guidelines to help avoid wash sales are: --Own unique funds in all of your family accounts. --Don't reinvest distributions in taxable accounts. Holding period requirements: --QDI income protection: 61 days. (Ignore t...
by dratkinson
Sun Jan 24, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct Plus Federal + State - $15!!
Replies: 32
Views: 3163

OLT federal + state + efile: $0.

Another option. Last year I used OLT (online taxes). And since I entered from IRS free file s/w referral page (different URL), it was *free (income <$62K: fed, state, efile). Appears I could have been doing my taxes for free since 2000. Live and learn. This year, almost everything is done with <2-ho...
by dratkinson
Fri Jan 22, 2016 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

^^^ Thanks. Notes updated.

Your explanation is the most complete I've read and answers my remaining questions.
by dratkinson
Fri Jan 22, 2016 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

I'd like to add my own question to this thread, since this is technically maybe my second TLH as I did one at the end of last year and have already executed a sale earlier this week. I get the principle of selling shares at a loss, doing "something" with the money; some say transfer to a ...
by dratkinson
Thu Jan 21, 2016 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

Here's a simple way I think about the wash sale rule: If there are no shares that I can pin the disallowed loss on (in any account), then there is no wash sale. I've thought about it. May I suggest an editorial change to encompass more of the Fairmark examples? Suggested change: "If there is n...
by dratkinson
Wed Jan 20, 2016 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

P.S. I notice the market is down again today. Assuming the market continues to drop over the coming weeks, and using the VFWAX/VTIAX pair, I could chase the market to the bottom by TLHing every week/day by selling all, and never have a wash sale issue? Excellent! Wait. No. Problem. Technically corr...
by dratkinson
Wed Jan 20, 2016 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

... No, this is recognized by at least one other expert, Kaye Thomas at Fairmark.com. The following page, in particular, addresses this issue: Wash Sales and Replacement Stock The basic concept is that the shares are not "replacement shares" if you sell those shares, also. ... Thank you f...
by dratkinson
Tue Jan 19, 2016 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: VA physican Roth TSP vs. Traditional TSP Investment.
Replies: 9
Views: 731

Re: VA physican Roth TSP vs. Traditional TSP Investment.

I am also a VA physician. We do receive a pension. Tangential question that I have not yet answered: Amount of pension = base pay + locality pay. I have base pay, plus a significant amount -- close to the amount of the base pay -- which is never described as "locality pay" (per pay stubs,...
by dratkinson
Tue Jan 19, 2016 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

sari wrote:It's already done with vlcax. Thank you.


And Vanguard didn't flag any wash sale issue? Assuming "No", then data point noted.

Is this knowledge, and the lack of Wiki documentation, part of the Bogleheads' secret handshake?
by dratkinson
Mon Jan 18, 2016 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: [New Member] Picking a stock
Replies: 28
Views: 1483

Re: [New Member] Picking a stock

OP, there is much you don't know that we are not telling you. Why? There’s too much to tell. It’s in the recommended books. If you want the knowledge, then read the books. Example: --In the 60s, the majority of active trading was conducted by individuals. Today, 90% of active trading is conducted by...
by dratkinson
Mon Jan 18, 2016 7:18 pm
Forum: Personal Consumer Issues
Topic: White-Rodgers Thermostats
Replies: 13
Views: 1053

Re: White-Rodgers Thermostats

... My intake is on the ceiling, but it's not really that hard to change. There are two fasteners on a hinged cover and the filter is right on the cover. The fasteners turn quickly with a screw driver. It takes more time to get the step ladder out and put it back then it takes to actually change th...
by dratkinson
Sun Jan 17, 2016 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

^^^ Thanks, I've subscribed and will follow along.
by dratkinson
Sun Jan 17, 2016 8:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: Suggestions for the Wiki
Replies: 325
Views: 160023

Re: Suggestions for the Wiki

In https://www.bogleheads.org/wiki/Wash_sale , it says: How to avoid wash sales You can avoid a wash sale by avoiding either criterion: either make sure that you buy any replacement shares at least 31 days before or after the sale, or buy replacement shares that are not substantially identical. Howe...
by dratkinson
Sun Jan 17, 2016 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: TLH First Time
Replies: 28
Views: 1836

Re: TLH First Time

I missed the fact that dividends were not being reinvested in replacement shares. In https://www.bogleheads.org/wiki/Wash_sale , it says: How to avoid wash sales You can avoid a wash sale by avoiding either criterion: either make sure that you buy any replacement shares at least 31 days before or af...
by dratkinson
Sun Jan 17, 2016 7:10 pm
Forum: Personal Consumer Issues
Topic: Pizza Stone / Homemade Pizza Advice
Replies: 58
Views: 4093

Re: Pizza Stone / Homemade Pizza Advice

A recent episode of America's Test Kitchen had favorable things to say about a pizza steel. Don't remember which. Scrap steel is .50/lb here. I cook my store-bought pizza in the oven (electric) on a broiler pan/tray. Broiler tray is thin and gets hot fast, and holes ensure bottom crust is never sogg...
by dratkinson
Sun Jan 17, 2016 6:12 pm
Forum: Personal Consumer Issues
Topic: White-Rodgers Thermostats
Replies: 13
Views: 1053

Re: White-Rodgers Thermostats

Recall these modern thermostats can be powered from the furnace transformer. But you must have the 3-4 wire thermostat wiring to bring power to thermostat. This way, if the power is ON, your thermostat should work. Downside: with a bad battery and a power outage, your thermostat may forget its setti...

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