Search found 395 matches

by joer1212
Fri Oct 13, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

I need to increase my liquid cash position by about 15-20k. Should I reduce my retirement contributions, or simply liquidate a portion of my taxable investments? Which option would have less impact on my tax burden? Details: - I'm single, with no kids - I live in Brooklyn, NY - I own no real estate...
by joer1212
Fri Oct 13, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

So, let's take a smaller step: If you sell $15,000 of your VTIAX this year, how much of that $15,000 will appear on your tax return? Not sure of the exact numbers yet. I've struggled to find pertinent info on the labyrinthine IRS.gov. to confirm what I've been told here and do my own calculations. ...
by joer1212
Fri Oct 13, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

livesoft is pointing you in the right direction. The exact dollar amount of gains to take is $6,972, take one dollar more and now you will be paying more in taxes. This is the amount of capital gains that would be taxed at 0%. This is not the dollar amount of securities to sell. Yes, I'm aware of t...
by joer1212
Fri Oct 13, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

So, let's take a smaller step: If you sell $15,000 of your VTIAX this year, how much of that $15,000 will appear on your tax return? Not sure of the exact numbers yet. I've struggled to find pertinent info on the labyrinthine IRS.gov. to confirm what I've been told here and do my own calculations. ...
by joer1212
Thu Oct 12, 2017 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

This is the best explanation I've gotten so far. I will withdraw about $6,972 tax-free this tax year and about the same amount tax-free next year (assuming my income is about the same). I don't think you get it yet. What exactly do you mean by "withdraw about $6,972 tax-free this year" ?? Going by ...
by joer1212
Thu Oct 12, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

You could sell $11,000 from your taxable investments, and put $5500 in cash in a Roth IRA now, and $5500 in January 2018. This would increase your tax-deferred savings, and you could withdraw the $11,000 at any time tax-free. You would pay some tax now by doing this, but you would reduce your futur...
by joer1212
Thu Oct 12, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

You can sell $15K to $20K of any long-term "lots" that have a total of about $7K of unrealized capital gains in order to realize about $7K of long-term capital gains and not pay any additional taxes. That is, the $15K to $20K would be tax-free to you I read your detailed post about "specific identi...
by joer1212
Thu Oct 12, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

How did you go to that other website?, I indicated IRS.Gov as the source. Alternatively, you can use Turbotax Caster online, input your specific information and anticipated securities sales and cost basis, it will calculate the tax for you. Adding ten additional dollars of capital gain, will cause ...
by joer1212
Thu Oct 12, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

You can sell $15K to $20K of any long-term "lots" that have a total of about $7K of unrealized capital gains in order to realize about $7K of long-term capital gains and not pay any additional taxes. That is, the $15K to $20K would be tax-free to you I read your detailed post about "specific identi...
by joer1212
Thu Oct 12, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

You can sell $15K to $20K of any long-term "lots" that have a total of about $7K of unrealized capital gains in order to realize about $7K of long-term capital gains and not pay any additional taxes. That is, the $15K to $20K would be tax-free to you I read your detailed post about "specific identi...
by joer1212
Wed Oct 11, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

It is unlikely that you have lots that have losses since the stock market is pretty much at all-time highs, but if you have lots with losses, then you are not too late to tax-loss harvest for 2017. Yes, selling to realize gains will affect your NYS/NYC taxes. Sorry, I meant if I was too late to tax...
by joer1212
Wed Oct 11, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

Not answering your questions but I have a question for you. Why are you maxing out 401K and 457b and not putting money in a Roth? I would contribute to the 401K or 457b up to the match, then put money in the $5,500 a year ROTH bucket, then save any left over money in a saving account to build up my...
by joer1212
Wed Oct 11, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

Line 43 on form 1040 states that my taxable income is $30,978. My marginal tax bracket is 25% My LifeStrategy fund has only about 6k, but my other 2 accounts have almost 200k. Not sure what my unrealized capital gains are, but they are long-term (more than 1 year). Forgive my ignorance, but what is...
by joer1212
Wed Oct 11, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

What is your marginal income tax bracket? Or what is your taxable income shown on Form 1040 Line 43? I assume you are itemizing deductions and filing single. What is the amount of your LifeStrategy fund in dollars and what are the unrealized capital gains? Are they long-term? Have you set the cost ...
by joer1212
Wed Oct 11, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2396

Which is the Most Tax-Efficient Method to Increase Your Cash Position?

I need to increase my liquid cash position by about 15-20k. Should I reduce my retirement contributions, or simply liquidate a portion of my taxable investments? Which option would have less impact on my tax burden? Details: - I'm single, with no kids - I live in Brooklyn, NY - I own no real estate ...
by joer1212
Tue Sep 12, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 50399

Re: Equifax customer information leak

I don't ever remember granting Experian access to my SS# and personal info to begin with. Now that corrupt company sold my info and milllions of others to the dark web for millions of dollars worth of bitcoins most likely. I'm definitely joining a class action as soon as I see the option to sign up...
by joer1212
Tue Sep 12, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 50399

Re: Equifax customer information leak

I don't ever remember granting Experian access to my SS# and personal info to begin with. Now that corrupt company sold my info and milllions of others to the dark web for millions of dollars worth of bitcoins most likely. I'm definitely joining a class action as soon as I see the option to sign up...
by joer1212
Tue Sep 12, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 50399

Re: Equifax customer information leak

The only sensible solution to this crisis that I can think of is for the Federal government to modify all SS numbers, or at least issue extensions to them in order to thwart the criminals. Alternatively, companies can expand the amount of information required to apply for credit, so that the info th...
by joer1212
Wed Aug 09, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 33231

Re: Vanguard Customer Service

JamesSFO wrote:Which website are you referring to (smallbiz.vanguard.com ; my.vanguardplan.com ; investor.vanguard.com ; other )?
I'm referring to this site:

https://retirementplans.vanguard.com/VG ... PublicHome#/
by joer1212
Fri Aug 04, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Customer Service
Replies: 301
Views: 33231

Re: Vanguard Customer Service

Vanguard's website to register your 401(k) account is especially atrocious. I tried to do this for my dad recently. I finally gave up in disgust. Shame for a company like Vanguard.
by joer1212
Sun Jul 09, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Same issue here, they no doubt secretly and without any transparency reinvest dividends and I just have to trust that they are doing it right. The funds only exist for 401ks, and no information can be found about them from a third party. This includes international which produces large dividends an...
by joer1212
Sat Jul 08, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

A problem can be finding a really complete description of the investment due to lack of a prospectus and there is no way to track the investment in public quotes from the market. One of my funds within the UIT is Vanguard, and it has a ticker symbol (VIIIX). How is this? The UIT holds funds, one of...
by joer1212
Sat Jul 08, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Let me ask you a question? Have you picked up the phone or walked down the hall to HR and ask them the same questions you've been asking us? What did they say? Unless you either post verbatim what the Summary Plan Description says on your post or you call up your 401K administrator/HR department th...
by joer1212
Sat Jul 08, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Let me ask you a question? Have you picked up the phone or walked down the hall to HR and ask them the same questions you've been asking us? What did they say? Unless you either post verbatim what the Summary Plan Description says on your post or you call up your 401K administrator/HR department th...
by joer1212
Sat Jul 08, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

A problem can be finding a really complete description of the investment due to lack of a prospectus and there is no way to track the investment in public quotes from the market. One of my funds within the UIT is Vanguard, and it has a ticker symbol (VIIIX). How is this? That fund is the institutio...
by joer1212
Sat Jul 08, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

1. IF the holdings in the 401k are actual Mutual Funds, then these funds would, probably, pay dividends. You could tell this from the identification ticker symbols. If you do not see dividends being reinvested, then I suspect that the costs that your 401k provider imposes on you equal or exceed the...
by joer1212
Fri Jul 07, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

dbr wrote:A problem can be finding a really complete description of the investment due to lack of a prospectus and there is no way to track the investment in public quotes from the market.
One of my funds within the UIT is Vanguard, and it has a ticker symbol (VIIIX). How is this?
by joer1212
Fri Jul 07, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Seconding sschoe2. If you look at your statements, you'll probably see that the funds do throw off dividends but that they're reinvested--your share count has probably risen, which would give you a clue. That's what VIIIX does in my 457b. I checked my statements prior to posting, and found not even...
by joer1212
Fri Jul 07, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Your plan seems to include unit investment trusts , which are different from mutual funds and in the US only available in certain types of employer-sponsored retirement accounts. Like many European mutual funds, but unlike any US mutual funds or ETFs, they simply include dividends in the net asset ...
by joer1212
Fri Jul 07, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Collective Investment Trusts are not the only things that wrap investments up so that they don't appear to pay dividends. You have discovered that "Custom Plan Investment" can do the same thing. So can Variable Annuities. There are lots of things that can wrap up funds and change the bookkeeping. H...
by joer1212
Fri Jul 07, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Grt2bOutdoors wrote:Read the Summary Plan Description of 401k plan. You can get this from either your HR dept or the administrator of your plan.
Will check it out, thanks.
by joer1212
Fri Jul 07, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

And please read this article, too: http://monevator.com/accumulation-funds-dividends/ about accumulation funds which are quite common. Thanks for the link. My issue is not that I'm not getting dividend distributions from my funds (I want them to be reinvested), it's that they are not listed at all ...
by joer1212
Thu Jul 06, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Re: Why Doesn't My 401(k) Pay Dividends?

Seconding sschoe2. If you look at your statements, you'll probably see that the funds do throw off dividends but that they're reinvested--your share count has probably risen, which would give you a clue. That's what VIIIX does in my 457b. I checked my statements prior to posting, and found not even...
by joer1212
Thu Jul 06, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Why Doesn't My 401(k) Pay Dividends?
Replies: 33
Views: 3253

Why Doesn't My 401(k) Pay Dividends?

Is there any reason why my company 401(k) and 457(b) never pays a dividend? Now, I already know what your answer is going to be. You're going to tell me that my employee retirement accounts are in a "collective investment trust", which does not throw off dividends directly, but increases the value o...
by joer1212
Fri Jun 23, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2859

Re: What's the Best Way to Invest in Cryptocurrencies?

Cryptocurrencies I am more agnostic on as investments. The volatility means that they are not a store of value in any meaningful sense. Today my Bitcoin buys me 50 loaves of bread, tomorrow 75? I don't need cryptocurrencies to be a "store of value" because, ultimately, I will cash out of them into ...
by joer1212
Fri Jun 23, 2017 2:19 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2859

Re: What's the Best Way to Invest in Cryptocurrencies?

I think the ideal strategy is to simply buy proportional to their weight and rebalance regularly for all the reasons we bogleheads approach stock market indexes. As far as where to draw the line in terms of the long tail, it is mostly dependent on how much work one wants to do. Sounds like a sensib...
by joer1212
Fri Jun 23, 2017 2:05 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2859

Re: What's the Best Way to Invest in Cryptocurrencies?

Do you think this is a feasible and effective strategy? I have no idea how to buy these things but if you do then sure, it's feasible to make 100 transactions once and then do nothing for 10 years. The question of effective leads directly to where you don't want to go. What do you mean by effective...
by joer1212
Fri Jun 23, 2017 2:03 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2859

Re: What's the Best Way to Invest in Cryptocurrencies?

There's three ways to play this out. 1) Buy the cryptocurrencies outright. Diversify among the ones you buy. 2) Mine the cryptocurrencies yourself. 3) Buy up AMD or Nvidia. Each play has it's own set of advantages. I'm going to say right here my disclaimer that I own some AMD. At any rate, I was co...
by joer1212
Fri Jun 23, 2017 1:56 am
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2859

Re: What's the Best Way to Invest in Cryptocurrencies?

That said I think it is very hard to justify calling this an investment and not speculation. If you want to "risk a modest sum in exchange for the possibility of big returns" you can also go to a casino and put everything on 1 number of the roulette. You can also buy gold, commodities, expensive pa...
by joer1212
Thu Jun 22, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: What's the Best Way to Invest in Cryptocurrencies?
Replies: 16
Views: 2859

What's the Best Way to Invest in Cryptocurrencies?

I want to put some money that I can afford to lose (10k) into cryptocurrencies. I'm doing this because I think this emerging market has great potential and can be very rewarding for an early investor. But, there is a daunting number of currencies to choose from, so I'm feeling a bit overwhelmed. To ...
by joer1212
Mon Jun 12, 2017 1:44 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 228
Views: 44825

Re: How much international stock? A suggestion.

What exactly is the rationale for investing according to market weight? The market weight is how the market invests. I am not smarter than the market, nor do I possess information that it does not, therefore I invest in the same way. Thanks, but if this is the case, why would John Bogle advise to o...
by joer1212
Sun Jun 11, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 228
Views: 44825

Re: How much international stock? A suggestion.

What exactly is the rationale for investing according to market weight?
by joer1212
Tue May 30, 2017 1:19 am
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Re: Boglehead Portfolio vs. All Other Possible Investments

It seems logical that if you have a big enough portfolio, you can logically do better by creating your own index of individual stocks with a buy and hold mentality Are you saying that it's likely you'll outperform the market by picking your own stocks, even though the vast majority of professional ...
by joer1212
Sat May 27, 2017 2:27 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Re: Boglehead Portfolio vs. All Other Possible Investments

Simple question: Is a passive, low-cost, diversified index portfolio* really the best bet to achieve the highest possible risk-adjusted, long-term returns anywhere? No, it isn't. Now that we've settled the only question in your post: What are you actually going to do differently now? How is this ac...
by joer1212
Fri May 26, 2017 2:27 am
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Re: Boglehead Portfolio vs. All Other Possible Investments

OP: are you asking about a decision one can make today based on today's information; or about the particular results of that decision at a predefined point in the future? PJW I'm asking about a decision one can make today, with the information that's available now. Also, bear in mind that I am comp...
by joer1212
Thu May 25, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Re: Boglehead Portfolio vs. All Other Possible Investments

OK, fair enough. You make some good points. But, keep in mind that I am comparing the expected long-term returns of various investments. No doubt, there will be portfolios and investments of all kinds that will outperform a Boglehead portfolio in the short term. But, will those investments outperfo...
by joer1212
Thu May 25, 2017 2:44 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Re: Boglehead Portfolio vs. All Other Possible Investments

OK, fair enough. You make some good points. But, keep in mind that I am comparing the expected long-term returns of various investments. No doubt, there will be portfolios and investments of all kinds that will outperform a Boglehead portfolio in the short term. But, will those investments outperfo...
by joer1212
Thu May 25, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Re: Boglehead Portfolio vs. All Other Possible Investments

Simple question: Is a passive, low-cost, diversified index portfolio* really the best bet to achieve the highest possible risk-adjusted, long-term returns anywhere? How do you know this? * total stock, total bond, total int'l (optional: small-cap value, REITs and TIPS) No, it will not have the high...
by joer1212
Thu May 25, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Re: Boglehead Portfolio vs. All Other Possible Investments

OP: are you asking about a decision one can make today based on today's information; or about the particular results of that decision at a predefined point in the future? PJW I'm asking about a decision one can make today, with the information that's available now. Also, bear in mind that I am comp...
by joer1212
Thu May 25, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Portfolio vs. All Other Possible Investments
Replies: 74
Views: 7141

Boglehead Portfolio vs. All Other Possible Investments

Simple question: Is a passive, low-cost, diversified index portfolio* really the best bet to achieve the highest possible risk-adjusted, long-term returns anywhere? How do you know this?

* total stock, total bond, total int'l (optional: small-cap value, REITs and TIPS)