Search found 52154 matches

by livesoft
Wed Feb 22, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Bond fund newbie questions
Replies: 3
Views: 93

Re: Bond fund newbie questions

1) It seems that, recently, bond prices consistently fell when Janet spoke. I am generally not a market timer, but since I DCA into bond funds anyway, would it be a good idea to buy right after an interest rate hike is announced (buying the dips)? ? Continue your normal pattern, but when things go ...
by livesoft
Wed Feb 22, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Splitting FI between Total Bond and Short-Term?
Replies: 11
Views: 819

Re: Splitting FI between Total Bond and Short-Term?

I will posit that the preponderance of people posting on this forum have a significant chunk of their assets in short-term fixed income investments including cash, CDs, I-bonds, stable value, and so on. They may rationalize these short-term fixed income investments with words like: emergency fund 2-...
by livesoft
Wed Feb 22, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 17
Views: 1063

Re: Betterment, $500k in cash, no taxable events to transfer?

It is true that 0.2% of $500,000 is $1,000. So how much time does one spend to TLH? 10 minutes? So that's paying $1,000 for 10 minutes of trivial work? How trivial is the TLH work? I can have Vanguard send me an e-mail alert when my investment might have a loss of $3,000. I won't need to login or lo...
by livesoft
Wed Feb 22, 2017 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 17
Views: 1063

Re: Betterment, $500k in cash, no taxable events to transfer?

That's the question...is that TLH $3000 deduction automatically worth the time spent doing this on your own @ Vanguard? There is no guarantee that one will get a $3000 deduction automatically each year. Unless one is contributing quite a lot of money every year, then it is unlikely. One can do the ...
by livesoft
Tue Feb 21, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get rid of lot of land?
Replies: 25
Views: 3751

Re: Best way to get rid of lot of land?

Visit the lot. Scout out the neighbors. Act like you are (or will be) doing something there that might not make the neighbor(s) or the neighborhood happy. Then, they might offer to buy you out. Send another letter to the adjacent landowners. This time tell them that you want to BUY their lots. I be...
by livesoft
Tue Feb 21, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest with the Robinhood app?
Replies: 12
Views: 900

Re: Should I invest with the Robinhood app?

No one can know the best possible way to invest right now. It's not you. It's me. It's everyone. One only has to invest in a "good enough" way.
by livesoft
Tue Feb 21, 2017 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest with the Robinhood app?
Replies: 12
Views: 900

Re: Should I invest with the Robinhood app?

Hey, I said you could use Robinhood in my first post. I'm only answering the questions that you asked.
by livesoft
Tue Feb 21, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 17
Views: 1063

Re: Betterment, $500k in cash, no taxable events to transfer?

How much work does it take to monitor and manage myself through Vanguard? I think it takes less work than the work you did to type and post the starting post of this thread. True for you, but blatantly, unhelpfully false for every newcomer. Actually, the "work" to open an account at Bette...
by livesoft
Tue Feb 21, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment, $500k in cash, no taxable events to transfer?
Replies: 17
Views: 1063

Re: Betterment, $500k in cash, no taxable events to transfer?

atxeng wrote: How much work does it take to monitor and manage myself through Vanguard?

I think it takes less work than the work you did to type and post the starting post of this thread.
by livesoft
Tue Feb 21, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest with the Robinhood app?
Replies: 12
Views: 900

Re: Should I invest with the Robinhood app?

Why does it matter that I am just starting out? Shouldn't I try to invest in the best way possible whenever I am investing? You actually don't know the best way possible to invest right now. You simply do not have enough experience to know whether to believe someone like Merriman or Bogle or Bernst...
by livesoft
Tue Feb 21, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Contributions to a non-deductible tIRA vs. taxable
Replies: 12
Views: 360

Re: Contributions to a non-deductible tIRA vs. taxable

Note that some self-employed folks are eligible for SEP, but not solo 401(k) (I think). So first figure out if you are eligible for a solo 401(k).
by livesoft
Tue Feb 21, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Advice: Traditional vs Roth at top of 15% bracket with unrealized taxable account gains
Replies: 17
Views: 564

Re: Advice: Traditional vs Roth at top of 15% bracket with unrealized taxable account gains

I have never done a tIRA conversion and backdoor Roth. While I am aware of them and get the basic idea, I don't know the mechanics or math very well. I should read and educate myself. I have access to Traditional (or Roth) 403b and 457b space, which is nice. You are correct - not a deductible tradi...
by livesoft
Tue Feb 21, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: Help on I-10 west from FL to NM
Replies: 12
Views: 475

Re: Help on I-10 west from FL to NM

The Texas Hill Country will be particularly nice in March with the wildflowers blooming. The western chaparral/desert of Texas will also be full of blooms. The Dallas-Amarillo corridor not so much. True, but I-10 doesn't really go through the best of the hill country or the desert. I don't find it ...
by livesoft
Tue Feb 21, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Help on I-10 west from FL to NM
Replies: 12
Views: 475

Re: Help on I-10 west from FL to NM

The Texas Hill Country will be particularly nice in March with the wildflowers blooming. The western chaparral/desert of Texas will also be full of blooms. The Dallas-Amarillo corridor not so much.
by livesoft
Tue Feb 21, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Advice: Traditional vs Roth at top of 15% bracket with unrealized taxable account gains
Replies: 17
Views: 564

Re: Advice: Traditional vs Roth at top of 15% bracket with unrealized taxable account gains

I'd probably use any space to convert the $10K in existing traditional to a Roth IRA now, so that you can do backdoor Roth easily in the future. I'd thus contribute to a Roth and not cash in any taxable ... unless you could tax-loss harvest. I don't think tax-gain harvesting will be as nice a deal a...
by livesoft
Tue Feb 21, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Differences between TurboTax and H&R Block
Replies: 15
Views: 1253

Re: Differences between TurboTax and H&R Block

Ive had no problems using HRBlock for education credits, but I think everyone should read the publications because they are often better than the TurboTax interview questions.
by livesoft
Tue Feb 21, 2017 1:15 pm
Forum: Personal Consumer Issues
Topic: Help on I-10 west from FL to NM
Replies: 12
Views: 475

Re: Help on I-10 west from FL to NM

I-10 doesn't go anywhere near Dallas, so that will not be a problem at all.

But you can take I-10 to San Antonio or El Paso, then head up to Santa Fe. Or some other route.
by livesoft
Tue Feb 21, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Do you replace your electrical switches/outlets or use an electrician?
Replies: 61
Views: 2983

Re: Do you replace your electrical switches/outlets or use an electrician?

I do lots of handy work. I start by watching youtube videos. Doesn't everyone?
by livesoft
Tue Feb 21, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Where to deploy cash now ?
Replies: 11
Views: 550

Re: Where to deploy cash now ?

Thanks, but one added wrinkle on my end is that I was already short on stock allocation and this recent market rise has actually helped bring my allocation more towards what it should be. Buying bonds now would skew it back to the other side. I guess I will go with that if there are no other altern...
by livesoft
Tue Feb 21, 2017 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Contributions to a non-deductible tIRA vs. taxable
Replies: 12
Views: 360

Re: Contributions to a non-deductible tIRA vs. taxable

I have had a non-deductible tIRA that I eventually converted to a Roth IRA. I think one should NOT contribute to a non-deductible tIRA UNLESS they convert the money to a Roth IRA in a reasonable amount of time. So .... Your SEP will interfere with a Backdoor Roth IRA conversion, so YOU should probab...
by livesoft
Tue Feb 21, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Where to deploy cash now ?
Replies: 11
Views: 550

Re: Where to deploy cash now ?

I'd look at my current asset allocation and see that I was slightly underweight in fixed income because of the 3% rise in my equities in the past few weeks. So I would add new-found money to my fixed income. In this case, I would buy some short-term corporate bond index fund.
by livesoft
Tue Feb 21, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Help with rearranging Asset Allocation among numerous accounts
Replies: 6
Views: 402

Re: Help with rearranging Asset Allocation among numerous accounts

Invest in VTSAX. When you have some lots with losses, exchange them into VLCAX. Avoid wash sales if you can. Keep investing in VTSAX while avoiding wash sales. Only sell any acquired VLCAX if the shares have a loss, otherwise keep them forever, but only buy them when tax-loss harvesting VTSAX. Inves...
by livesoft
Tue Feb 21, 2017 9:01 am
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 88
Views: 4269

Re: Extreme Valuations, and why you should reconsider

Yes I did about a month ago... [...] Enjoy your gains and take some off the table. People will / should be hitting rebalancing trigger points, but the degree of "some off" is different for everyone. I cannot imagine that changing equities by 20% of total portfolio value make any sense. Yo...
by livesoft
Tue Feb 21, 2017 8:07 am
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 88
Views: 4269

Re: Extreme Valuations, and why you should reconsider

@dcarste, so did you actually make your trade and sell equities? If so, then you went from 60/40 to 40/60? Or something else?
by livesoft
Tue Feb 21, 2017 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Should I invest with the Robinhood app?
Replies: 12
Views: 900

Re: Should I invest with the Robinhood app?

A few points: 1. You don't need our permission to use Robinhood. 2. Go ahead and try it out. You can always stop using it. 3. When you stop using it, how much will it cost to get your money out? Will it be just the possible taxes or more hassles like closing fees? 4. Just because someone like Merman...
by livesoft
Mon Feb 20, 2017 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand TIAA Traditional
Replies: 25
Views: 966

Re: Trying to understand TIAA Traditional

Thanks, everyone! The option is the RC, with a 1% guarantee, so not great... Can you ever make a case for not maxing out a 403b, and going with a taxable account instead? I think the preferred way is to max out tax-deferred 401ks/403bs first (which we are doing for my husband's 401k), then tIRAs/Ro...
by livesoft
Mon Feb 20, 2017 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Help Please!
Replies: 5
Views: 423

Re: Rebalancing Help Please!

I do make retirement account contributions when the total income from dividends and business less our living expenses provides enough cash. This is actually most years. You could be paying expenses by selling VEU in taxable while contributing maximum allowed every year to SEP and IRAs for you and y...
by livesoft
Mon Feb 20, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Just received a UGMA in the form of a variable annuity…cash it out, or keep it?
Replies: 25
Views: 957

Re: Just received a UGMA in the form of a variable annuity…cash it out, or keep it?

Would there really be a 10% penalty for withdrawal before 59.5? That's kind of demented for a UGMA, so what kind of place would even offer such a craptacular UGMA?
by livesoft
Mon Feb 20, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mac tax software for newbie tax filer
Replies: 5
Views: 343

Re: Mac tax software for newbie tax filer

Let's see what others say. Intuit tries to get people to buy a higher priced version than they actually need.
by livesoft
Mon Feb 20, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Help with choosing withholding on w-4
Replies: 4
Views: 256

Re: Help with choosing withholding on w-4

From your information, there is no way to tell you what ideal is. If you tell me: 1. Your tax liability for 2016. 2. Your federal income taxes withheld so far in 2017. 3. The number of remaining paychecks for 2017. 4. Then I can tell you what to put on Line 6 of your W-4 while keeping the rest of yo...
by livesoft
Mon Feb 20, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Just received a UGMA in the form of a variable annuity…cash it out, or keep it?
Replies: 25
Views: 957

Re: Just received a UGMA in the form of a variable annuity…cash it out, or keep it?

I'd sell it and move it to something with lower fees. I'd see if selling in one year was a lot more detrimental than in two years. I might even use the taxable part of it to start a donor-advised fund in order to reduce my taxes. My son gets his hands on a high-fee UGMA next month. I will have him c...
by livesoft
Mon Feb 20, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Mac tax software for newbie tax filer
Replies: 5
Views: 343

Re: Mac tax software for newbie tax filer

Cheaper TurboTax Deluxe desktop.

Even cheaper HRBLock Deluxe desktop.
by livesoft
Mon Feb 20, 2017 7:38 pm
Forum: Investing - Theory, News & General
Topic: Betterment just raised their costs.
Replies: 125
Views: 10226

Re: Betterment just raised their costs.

TD Ameritrade has at least 3 funds in their no-transaction-fee list that I think are acceptable to use for automated investing ("recurring mutual fund orders"). You can find them by searching on lowest expense ratio in their fund screener tool. So use automated, then every once in a while ...
by livesoft
Mon Feb 20, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Another IRS Form 1116 (Foreign Tax Credit) Question
Replies: 5
Views: 357

Re: Another IRS Form 1116 (Foreign Tax Credit) Question

nomas wrote:Hi livesoft,
Thank you for your reply. I removed the entry for the HSA contribution on Line 3b. This increased my FTC by $81. I think that for that amount of money, I'll leave the HSA contribution deduction on LIne 3b and pay the additional $81 in taxes.

Hmmm. I didn't expect a change at all.
by livesoft
Mon Feb 20, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Asset placement between different accounts
Replies: 18
Views: 812

Re: Asset placement between different accounts

To make this simple, lets assume no access to a 401K. If someone saved 20% of their gross income for 2016 and have maxed out their Roth IRA AT 5500$ and had an additional 20000$ to put in a taxable account and they wanted to buy 80% stock indices and 20% bond indices....what goes where? It would de...
by livesoft
Mon Feb 20, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Help Please!
Replies: 5
Views: 423

Re: Rebalancing Help Please!

Are you saying that you have NO carryover losses from tax-loss harvesting in the past? I'm confused about your use of VTSMX and calling it an ETF. The ETF share class has ticker VTI. What did you do with dividend in taxable? Spend them? Reinvest them? Since ETFs cannot use Average Basis, you must be...
by livesoft
Mon Feb 20, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting backdoor Roth IRA with H&R Block
Replies: 14
Views: 694

Re: Reporting backdoor Roth IRA with H&R Block

If you have other assets in trad IRA, rollover IRA, etc. from previous jobs or whatnot, does that mean I effectively cannot do a backdoor roth IRA without getting taxed on the amounts from the previous IRAs? It has always been that way because of the way the law is. That is, a conversion uses a pro...
by livesoft
Mon Feb 20, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Another IRS Form 1116 (Foreign Tax Credit) Question
Replies: 5
Views: 357

Re: Another IRS Form 1116 (Foreign Tax Credit) Question

Why not put a big number (all your other deductions) and see what happens, then a small number like 0 and see what happens? I suspect that your FTC will be the same either way.
by livesoft
Mon Feb 20, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Help with rearranging Asset Allocation among numerous accounts
Replies: 6
Views: 402

Re: Help with rearranging Asset Allocation among numerous accounts

For your joint taxable account, plan to use only 2 funds and even one of them will be fine: VTSAX Total US Stock Market Index VTIAX Total International Stock Market Index Plan to do any tax-loss harvesting, so you need similar, but not substantially identical funds to match the two above. Those woul...
by livesoft
Mon Feb 20, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Utility Bills - How do ours compare?
Replies: 33
Views: 2163

Re: Utility Bills - How do ours compare?

South Texas, hot in summertime, a few days of freezing temperature in the winter. 3000+ sq ft house. $200 a month for electricity, gas, water, sewer including lawn irrigation. Water alone was $983.32 in 2016.

Electricity low month: $30.42.
Gas low months: $20.97.
by livesoft
Mon Feb 20, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: Utility Bills - How do ours compare?
Replies: 33
Views: 2163

Re: Utility Bills - How do ours compare?

It's probably better to compare with folks in your immediate vicinity. Don't your utilities provide that information?

$220 a month seems in the ballpark. I cannot imagine that replacing your HVAC systems and water heaters would get you anything unless they broke first.
by livesoft
Mon Feb 20, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Will I get tax forms from my 401(k) plan?
Replies: 4
Views: 313

Re: Will I get tax forms from my 401(k) plan?

maybe radnor has a solo 401(k) plan and no W-2s. :)

I have never received tax forms from my solo 401(k).
by livesoft
Mon Feb 20, 2017 9:56 am
Forum: Investing - Theory, News & General
Topic: Tax Implications of Drawdown from Different Account Types
Replies: 13
Views: 669

Re: Tax Implications of Drawdown from Different Account Types

Lots of tax info and strategy on how to pay ZERO income taxes with 6-figure expenses in this thread:
viewtopic.php?t=87471
by livesoft
Mon Feb 20, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Once having achieved 30X -- share your strategy?
Replies: 42
Views: 3911

Re: Once having achieved 30X -- share your strategy?

You are not going to be surprised: I don't worry about money. We have a portfolio of about 60% equities split 50:50 between US and foreign, about 31% bonds in mostly total US bond index, along with some short-term corporate bond index and some TIAA traditional annuity, and the rest in TIAA Real Esta...
by livesoft
Mon Feb 20, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Good strategy? [Roth IRA fund selection]
Replies: 21
Views: 901

Re: Good strategy? [Roth IRA fund selection]

I don't look at performance at all to select a fund. I choose funds that fulfill an asset class that I desire. They have to be available for no-commissions and/or transaction costs for me and should be one of the lowest expense ratios within reason in their asset class. They also need to have people...
by livesoft
Sun Feb 19, 2017 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Paul Merriman Alloc as ETF vs. Vanguard Mutual Fund?
Replies: 7
Views: 418

Re: Paul Merriman Alloc as ETF vs. Vanguard Mutual Fund?

Should I use Paul's Vanguard Mutual Fund list or his Vanguard ETF list? It will only depend on your personality, so only you can tell us which one you should use. Besides, it doesn't have to be all one or the other since you can use ETFs and mutual funds. I'll add that in reality you should not use...
by livesoft
Sun Feb 19, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: 2 Vanguard taxable accounts w/ identical registration?
Replies: 3
Views: 248

Re: 2 Vanguard taxable accounts w/ identical registration?

I don't see why not.

You can open another account online tonight and let us know if it works.
by livesoft
Sun Feb 19, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting backdoor Roth IRA with H&R Block
Replies: 14
Views: 694

Re: Reporting backdoor Roth IRA with H&R Block

Click on "Adjustments". Report a non-deductible traditional IRA contribution. ?

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