Search found 113 matches

by krick
Mon Jun 19, 2017 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds - future distribution dates
Replies: 4
Views: 491

Vanguard funds - future distribution dates

Where do you go to find future Vanguard distribution dates?

I know where to find past distribution dates, but it seems like future dates are top secret or something.

Don't they announce them ahead of time?
by krick
Sun Mar 12, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct - actual 1099-B vs Gainskeeper
Replies: 1
Views: 186

TaxAct - actual 1099-B vs Gainskeeper

I've run into a situation with TaxAct that I'm not sure how to deal with. My employer has a stock share purchase plan where we can buy shares of company stock at market price using after-tax money. My employer then matches your purchase, dollar-for-dollar up to 3% of your salary. When I first starte...
by krick
Sat Feb 18, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-B doesn't match GainsKeeper
Replies: 1
Views: 208

1099-B doesn't match GainsKeeper

My employer has a stock share purchase plan where you can purchase company stock with after-tax income from each pay period and the company matches your purchase up to 3% of your salary. My employer is based in Canada but their stock trades on the US NYSE. When I first started, they used "Sun L...
by krick
Sat Feb 18, 2017 2:55 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct still not importing stock data
Replies: 32
Views: 4247

Re: TaxAct still not importing stock data

TaxAct imported directly from GainsKeeper in the past (no CSV involved) but now clicking the "Electronic Import" button gives the error other people are reporting... Currently this feature is not available in TaxAct 2016. This feature will be made available at a later date. I hope this is ...
by krick
Thu Feb 02, 2017 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Living Off Interest/Dividends
Replies: 54
Views: 6220

Re: Thoughts on Living Off Interest/Dividends

Don't forget that when a company kicks out a dividend, their share price drops accordingly. Dividends aren't "free money" the dividend has to come from somewhere. Ideally, I'd prefer to have a taxable fund that paid zero dividends. That way, I would have complete control over when I take m...
by krick
Tue Jan 31, 2017 1:32 am
Forum: Investing - Help with Personal Investments
Topic: 50 Year Old Late Starter With Questions
Replies: 58
Views: 6847

Re: 50 Year Old Late Starter With Questions

I'm so happy you didn't go with Ameritrade. When I first started investing in stocks back in 2000, I opened an account with Ameritrade. They used to nickle and dime me with $20 "administrative" fees every time a stock changed its symbol, had a merger or a spinoff. At one point, they starte...
by krick
Tue Jan 31, 2017 1:19 am
Forum: Investing - Help with Personal Investments
Topic: Rolling an IRA back into a 401k
Replies: 5
Views: 664

Re: Rolling an IRA back into a 401k

Sorry to bump this thread but I'm still thinking about doing this. I was wondering about the "age 55 rule" regarding taking distributions from my employer sponsored 401k. If I move my rollover back into my 401k, do the rollover funds qualify for the age 55 rule since they came from a previ...
by krick
Fri Jan 27, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Warning: Max out 401k early - lose some of the match
Replies: 32
Views: 2274

Re: Warning: Max out 401k early - lose some of the match

my company won't "true up" AND won't match the over 50 "catch up" contributions. So when you hit $18,000 in September the company matching stops even though your contributions continue through the end of the year? That sounds like a bug in their payroll software or something. Ar...
by krick
Fri Jan 27, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Warning: Max out 401k early - lose some of the match
Replies: 32
Views: 2274

Re: Warning: Max out 401k early - lose some of the match

I got caught this way once. My employer does not "true up" at year's end, and I lost out on about 1/24th of my match. Now I have 24 equal bimonthly deductions taken. We are only allowed to specify the contribution in whole percentages so depending on your total salary, you may have to cho...
by krick
Fri Jan 27, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Warning: Max out 401k early - lose some of the match
Replies: 32
Views: 2274

Re: Warning: Max out 401k early - lose some of the match

Can't you change your contribution % during the year? So, say, go with 17% until say October or so, and then change it to 19 or 20% for the rest to get to the last pay check. Or, in late November, change the contribution to 10% to see if you can contribute in your last paycheck. You may have to pla...
by krick
Fri Jan 27, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Warning: Max out 401k early - lose some of the match
Replies: 32
Views: 2274

Warning: Max out 401k early - lose some of the match

I discovered a problem with the way my employer handles their 401k matching. My employer matches 50 cents of each dollar you contribute, up to 4% of your salary (effectively a 2% match), with a $2500 maximum match. They dole out the match per pay period. So if you contribute 4% or more, you get the ...
by krick
Wed Jan 04, 2017 1:38 am
Forum: Investing - Help with Personal Investments
Topic: New 401(k) - Allocation Help
Replies: 4
Views: 555

Re: New 401(k) - Allocation Help

In my taxable brokerage account I hold two different Vanguard International index funds so I can do tax-loss harvesting from one to the other without radically changing my asset allocation. Vanguard FTSE All-World ex-US Index Fund Admiral - VFWAX (0.13%) Vanguard Total International Stock Index Fund...
by krick
Sat Dec 31, 2016 3:00 am
Forum: Investing - Help with Personal Investments
Topic: Please help finalize my transition from fee based portfolio to 3 fund portfolio.
Replies: 27
Views: 1799

Re: Please help finalize my transition from fee based portfolio to 3 fund portfolio.

I'm sure one of the more experienced users here will come along and help with a detailed analysis of your post but I just wanted to verify that your husband's 401k choices are really that bad. If they are the only fund choices, your husband should talk to his co-workers and complain to his employer ...
by krick
Fri Dec 23, 2016 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

Sell the lot today then. Sold. Thank you. I was under the impression that the "frequent trading" restriction that they imposed due to yesterday's sale would prevent me from making *ANY* transactions in VTIAX for 30 days. But it seems that it only prevents me from *BUYING* VTIAX. Selling a...
by krick
Fri Dec 23, 2016 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

So, krick, you presumably did the exchange yesterday. What does your online account tell you this morning? Yes, I did, but I screwed it up. I didn't see your comment to sell the 12/19 lot until after I had already initiated the exchange. So it's showing a disallowed loss of $192.50 due to the wash ...
by krick
Fri Dec 23, 2016 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

GMan82 wrote:But I just bought some of VTIAX 2 days ago and before that on 11/21.


Won't it trigger the wash sale rule if you try to sell the lot from 11/21 at a loss since you made a purchase on 12/21?
by krick
Fri Dec 23, 2016 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

Assuming a best case scenario, you can use $3000 in losses to offset normal income. If your highest tax bracket is 25%, then claiming a $3000 loss saves you $750 in taxes. I'm not sure I'd bother claiming a $100 loss to save $25 in taxes but I guess every little bit helps. Do you have your cost basi...
by krick
Thu Dec 22, 2016 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

Actually, no. Dividends and capital gains are completely separate from each other from a taxation perspective. I have $3000 in losses this year which I can deduct from regular income. Dividend income is a separate tax form and calculation. Of course, you are correct. I don't know what I was thinking.
by krick
Thu Dec 22, 2016 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

I disagree with selling them all. When I have losses, I want to deduct them against my income at my regular tax rate. When I have gains I want to pay them at lower LTCG rates. In any given year, I want all gains or all losses to maximize this tax rate arbitrage. I avoid having a mix of gains and lo...
by krick
Thu Dec 22, 2016 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

Lots of good information so far. Thank you, everyone.

Assuming the plan is to harvest losses between VTIAX and VFWAX, should I be concerned about timing the sell/purchase with regards to dividend and capital gains distributions?
by krick
Thu Dec 22, 2016 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

There is no reason to realize any gains, so what is that about? Sorry, I was responding to this. I should have quoted it... Do you have other long term profits that you can use to fully offset the capital losses? Ideally, all long term capital gains and losses cancel each other out and you have $30...
by krick
Thu Dec 22, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

It seems it would have been better to sell for losses back in January or February at long as you bought VFWAX to replace it. I'm curious why you chose not to do so then. Your public footprint makes me wonder even more because this post of yours suggests you had a large gain in VTIAX on one of the l...
by krick
Thu Dec 22, 2016 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

I really don't have much that I could sell to realize gains. I sold some stock from my company's share purchase plan and I could sell some more before the end of the year but it won't amount to that much in gains. I have almost $5000 in dividend income for 2016 so far, but I know that is counted as ...
by krick
Thu Dec 22, 2016 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Re: Tax loss harvesting - some or all?

I was just going to let it sit in the settlement fund for 31 days and then re-invest it back into the same VTIAX fund.

I don't think letting it sit in "cash" for a month is going to hurt me that much. It's only a small portion of my whole portfolio. Or am I missing something.
by krick
Thu Dec 22, 2016 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - some or all?
Replies: 29
Views: 1765

Tax loss harvesting - some or all?

In my Vanguard brokerage account, I hold a large amount of Vanguard Total International Stock Index Fund Admiral Shares (VTIAX). Looking at the cost basis summary in Vanguard, I'm showing a $12,034.80 long term capital gain loss. I'm tracking my purchases using the Specific identification (SpecID) m...
by krick
Wed Dec 21, 2016 2:20 pm
Forum: Investing - Theory, News & General
Topic: Hello and a Question about the "4% Rule"
Replies: 55
Views: 4737

Re: Hello and a Question about the "4% Rule"

If you *were* going to use the 4% rule in practice, it would probably make sense to do monthly withdrawals and re-calculate it each time. Each month, take your total retirement assets, divide by 12, and then calculate 4%. That way, it doesn't matter which month you start and it adjusts up and down a...
by krick
Wed Dec 07, 2016 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Moving an IRA to another brokerage
Replies: 16
Views: 1570

Re: Moving an IRA to another brokerage

I suggest not trying to move multiple accounts at the same time. Do them one at a time and make sure everything is correct before moving to the next. I had a friend try to move three accounts to Vanguard at the same time and they messed it up so bad that Vanguard had to actually reverse everything a...
by krick
Wed Dec 07, 2016 5:02 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 127
Views: 7881

Re: What percentage of international do you hold?

My portfolio is 80% stocks, 20% bonds.

At the moment, the stocks are split roughly 43% US stocks, 57% non-US stocks.

I'm a bit overweight on non-US stocks at the moment. I'd like to be between 30% and 50% of my total stock holdings, ideally.
by krick
Fri Sep 16, 2016 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA to Roth IRA conversion - tax free?
Replies: 8
Views: 833

Re: Rollover IRA to Roth IRA conversion - tax free?

Thanks for the info everyone, this gives me a lot to think about. One final question... If doing a Roth conversion counts as taxable income, does that also count as "earned income" to be eligible to contribute to a Roth IRA in that year? My gut feeling is that the answer is "no".
by krick
Fri Sep 16, 2016 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA to Roth IRA conversion - tax free?
Replies: 8
Views: 833

Rollover IRA to Roth IRA conversion - tax free?

I'm 46 years old, working full time, and I have a Rollover IRA from a previous employer's 401(k) that is currently valued at $50,000 I'm considering retiring early, possibly at age 55. Assuming I did retire at 55, would it make sense to wait until the next year and then convert my Rollover IRA into ...
by krick
Fri Aug 12, 2016 10:37 am
Forum: Investing - Theory, News & General
Topic: The Case for Index Fund Portfolios
Replies: 39
Views: 6552

Re: The Case for Index Fund Portfolios

The link to the PDF "A Case For Index Fund Portfolios" in the first post is no longer valid. I found two different versions online via Google search... (version 1?) - m 0613PSWPCaseV2 - m EDIT : I was also able to get it using the Internet Archive of rickferri.com ... 0613PSWPCaseV3 - m Is...
by krick
Fri Apr 15, 2016 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Magic Number? How much to save for retirement
Replies: 45
Views: 7936

Re: Magic Number? How much to save for retirement

I read somewhere that a good starting point is to take your expected annual expenses (in retirement) and multiply by 25. I think this is based on a 4% withdrawal rate. (more info: m ) So in my case, about $2000 per month, or $24,000 a year, times 25 equals $600,000. I'm setting that as my target MIN...
by krick
Wed Feb 03, 2016 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless college new grad 22 yo, 200k income looking to start saving
Replies: 143
Views: 15375

Re: Clueless college new grad 22 yo, 200k income looking to start saving

I understand that my industry has ups and downs, but it is completely reasonable to expect that reasonably skilled people will continue to be well compensated for the foreseeable future. No matter what you do, there's always someone somewhere else in the world willing to do it for less money. And t...
by krick
Mon Feb 01, 2016 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Should my Roth contain 100% stocks?
Replies: 32
Views: 4914

Re: Should my Roth contain 100% stocks?

I recently re-arranged my portfolio a bit while keeping the same asset allocation. In my employer-held 401k, the best stock fund was a S&P 500 index fund. But my Roth IRA and Traditional IRA are held at vanguard so I have access to a total us stock market fund which I prefer to the S&P 500 i...
by krick
Sat Jan 23, 2016 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement AA - no rhyme or reason and in need of help
Replies: 33
Views: 3009

Re: Retirement AA - no rhyme or reason and in need of help

I realized that I forgot to include our Health Savings Account in my OP, but it's on my spreadsheet now. We're using the HSA as part of our retirement portfolio (it amounts to less than 2% of the total) and try to contribute the max annually. It's at Wells Fargo (employer's choice) and aside from t...
by krick
Fri Jan 22, 2016 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to invest Traditional IRA funds when not contributing
Replies: 10
Views: 1427

Re: Best way to invest Traditional IRA funds when not contributing

The reason I put bonds in the tIRA is because this will result in the fewest changes in that orphan account - meaning that you'll have to fiddle with it very infrequently if at all. However, if you can't get all your international allocation in the Roth IRA or if you want to hold extended market to...
by krick
Fri Jan 22, 2016 1:30 am
Forum: Investing - Help with Personal Investments
Topic: New 401K options and portfolio review
Replies: 11
Views: 895

Re: New 401K options and portfolio review

My first impression of your various accounts is that you have a lot of different funds and your desired asset allocation seems overly complicated and likely difficult to keep aligned with a target AA. Are you sure that tilting all those different directions is actually improving your portfolio? Have...
by krick
Fri Jan 22, 2016 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Going from 50/50 US/Int to All US
Replies: 80
Views: 7185

Re: Going from 50/50 US/Int to All US

I'm in a similar spot with my asset allocation. I've been pouring a lot of money into my taxable investment account in the past year which currently only holds a single fund, VTIAX (Vanguard Total International Stock Index Fund Admiral Shares). As a consequence, my overall retirement portfolio asset...
by krick
Fri Jan 22, 2016 12:10 am
Forum: Investing - Help with Personal Investments
Topic: What Funds To Move To Roth - Checking In After Four Years
Replies: 14
Views: 1695

Re: What Funds To Move To Roth - Checking In After Four Years

I always go with the cheapest funds because I can't control performance, but I can control expenses. I only hold a single fund in my Roth IRA... VTSAX - Vanguard Total Stock Market Index Fund Admiral Shares (0.05% expense ratio). The thought here is that I want maximum growth since the withdrawals a...
by krick
Thu Jan 21, 2016 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Scaling in when Dow drops to...
Replies: 14
Views: 1973

Re: Scaling in when Dow drops to...

I would never base any financial decisions off the movement of the Dow index...

Dow Jones Industrial Average Is a Horribly Constructed Index
by krick
Thu Jan 21, 2016 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Start taxable or not?
Replies: 12
Views: 1182

Re: Start taxable or not?

KlangFool wrote:
The answer is none of the above. You should contribute to Roth IRA.


Erm...

jeremyl wrote:
...15% of our income in tax advantaged accounts (a 403b-7%, maxing his/her roths)

by krick
Thu Jan 21, 2016 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Start taxable or not?
Replies: 12
Views: 1182

Re: Start taxable or not?

I think the general consensus is to fill up all tax-advantaged space first. You say that the "The fund options with the 403b aren’t very good". Can you get more specific? Are they all actively managed with high expense ratios? I'm sure someone after me is going to ask for the whole list. T...
by krick
Thu Dec 11, 2014 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign tax credit cap?
Replies: 7
Views: 802

Re: Foreign tax credit cap?

Thanks for the reply. This is the first year I'll be dealing with a significant amount of foreign taxes on dividends and I wanted to know what to expect. I'm planning on putting another $30K or so into my taxable account in January and I wanted to make sure I wasn't in danger of bumping up against a...
by krick
Thu Dec 11, 2014 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign tax credit cap?
Replies: 7
Views: 802

Foreign tax credit cap?

I currently hold about $60K worth of Vanguard Total International Stock Index Fund Admiral Shares (VTIAX) in a taxable account.

Is there any cap on the amount of taxes on qualified dividends eligible for the foreign tax credit?
by krick
Fri May 30, 2014 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Holding the same fund in taxable and non-taxable accounts
Replies: 11
Views: 1269

Holding the same fund in taxable and non-taxable accounts

I have a friend who is holding VTSAX in her Roth IRA at Vanguard. She recently put some money in her personal taxable account at Vanguard and purchased the same VTSAX fund. She has dividend reinvestment enabled on both accounts. My understanding is that holding the same fund in two accounts is a bad...
by krick
Tue Apr 15, 2014 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Tracking a Vanguard Target Retirement Trust
Replies: 2
Views: 561

Tracking a Vanguard Target Retirement Trust

Is there any easy way to track Vanguard Target Retirement trusts that are held in an employer's 401k (at, say, Wells Fargo) using Vanguard's "outside investments" tracker? I can easily add anything that has a ticker symbol like a stock, ETF, or mutual fund, but a trust doesn't have a symbo...
by krick
Wed Mar 05, 2014 12:57 am
Forum: Investing - Theory, News & General
Topic: Why do investors prefer cash dividends?
Replies: 126
Views: 7760

Re: Why do investors prefer cash dividends?

If you go back a number of years, the transaction costs to sell a few shares were much higher than the cost to receive a dividend. I think this is something that's often overlooked in these discussions. Consider someone selling off small amounts of a non-dividend-paying stock 4 times a year to emul...
by krick
Mon Mar 03, 2014 1:37 am
Forum: Investing - Help with Personal Investments
Topic: Paying off the mortgage. Kind of.
Replies: 29
Views: 3456

Re: Paying off the mortgage. Kind of.

The mortgage interest write off is a joke. Just pay off your mortgage and be done with it. I had more than one person tell me that I was crazy because I paid cash for my house. They said, essentially,... "if you don't have a mortgage, you won't get the tax write off". By paying cash for my...
by krick
Sat Feb 22, 2014 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Forgot to report 1099-R ?
Replies: 13
Views: 2951

Re: Forgot to report 1099-R ?

Pardon my frustration, but this whole process seems absurd and pointless for everyone involved. The field on the original 1040 form (16a) that I need to change isn't part of the 1040X, and there's no other changes. They don't want me to attach any additional forms (like the 1099-R or a corrected 104...
by krick
Sat Feb 22, 2014 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Forgot to report 1099-R ?
Replies: 13
Views: 2951

Re: Forgot to report 1099-R ?

OK, I've finished the 1040X form.
It says I don't need to attach the 1099-R since no tax was withheld.
Do I need to attach a copy of the corrected 1040 form to show that lines 16a and 16b are changed?
None of this is very clear.