Search found 51100 matches

by livesoft
Mon Jan 16, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Index Funds in the portfolio of the Chairman of the Federal Reserve - thoughts?
Replies: 1
Views: 173

Re: Vanguard Index Funds in the portfolio of the Chairman of the Federal Reserve - thoughts?

Probably nothing can be learned from this.

However, sometimes things can be learned. For instance, the disclosure of the vice presidential candidates showed they were not very good managing their own money and wealth.
by livesoft
Mon Jan 16, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: Market Sentiment: How do we measure
Replies: 5
Views: 187

Re: Market Sentiment: How do we measure

As some folks might have already surmised, I measure market participant sentiment by looking for so-called bona fide RBDs. The market goes up and down, but some days it goes down a lot more than others. I consider that a maket timing signal and potential change of momentum for the short-term. Also n...
by livesoft
Mon Jan 16, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Evaluating 2016 Retirement Investment - Planning for 2017
Replies: 7
Views: 546

Re: Evaluating 2016 Retirement Investment - Planning for 2017

Are you really in the 28% marginal income tax bracket? ??

Here is family with $200,000 of income and their tax situation:
viewtopic.php?t=79510
by livesoft
Mon Jan 16, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 125
Views: 6401

Re: How much do you typically spend in a restaurant?

I hate anything overcooked, but that is just me. How do you reheat a burger? Take the patty off and heat it? Isn't the bun soggy from condiments? You reheat a burger the same way you reheat anything: microwave on power level 3 for a minute or so. Don't use the default power level which is usually t...
by livesoft
Mon Jan 16, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: How am I doin?
Replies: 18
Views: 1549

Re: How am I doin?

Clearly, 529 plans make sense for the OP for funding most of college expenses since they are wealthy. Yes, cash flow can help, but I doubt this family will be eligible for education credits, financial aid, and things like that. That means 529 plans will be the best thing for addressing this expense....
by livesoft
Mon Jan 16, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 97
Views: 8187

Re: "Millennials may need to double how much they save for retirement"

^Thanks for that. I have read that pensions covered a small number of baby boomers and the oldsters. Of the millennials writing about their retired parents in this thread, it seems most parents had some form of pensions. So what about the vast majority who had no such pensions? What it is telling me...
by livesoft
Mon Jan 16, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: newly acquired portfolio feedback
Replies: 5
Views: 327

Re: newly acquired portfolio feedback

If you don't already regret owning VWENX in taxable, then you will come to regret it. You should sell it and use something more tax-efficient in taxable. Otherwise you might end up like this: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=208312 We would (and actually do) use bond funds in...
by livesoft
Mon Jan 16, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Maxing out Tax Free accounts
Replies: 10
Views: 611

Re: Maxing out Tax Free accounts

Yes, her IRA is transferrable to a new solo 401(k) (but not all custodians do that) and it is also possible to convert it to a Roth IRA. A conversion will require that you pay taxes, so she may not want to do that. You can read up about these things for more details. Don't rely on anonymous internet...
by livesoft
Mon Jan 16, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Maxing out Tax Free accounts
Replies: 10
Views: 611

Re: Maxing out Tax Free accounts

See my first response in this thread for my recommendations. I answered all 5 of your queries in that post.

Your spouse should not contribute to a tIRA, but to a Roth IRA.
by livesoft
Mon Jan 16, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 48
Views: 5162

Re: Cardinal Sin - went to cash the day before 2016 election

I'm convinced that the best investment strategy is to set a monthly contribution to a Vanguard target date fund based purely upon when you will need the money, then burn your tv, computer, cell phone and tablet, and, preferably move into a cave. Take the psychology of fear and greed out of the equa...
by livesoft
Mon Jan 16, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Maxing out Tax Free accounts
Replies: 10
Views: 611

Re: Maxing out Tax Free accounts

s the 401K and the Roth 401K the same bucket of money? i.e. is the limit of $18,000 divided between the two? […] Is it then allowable for me to contribute $18000 to the 401K and then separately, add an additional $5500 to another Roth IRA? Your 401(k) and its Roth 401(k) are the same bucket of mone...
by livesoft
Mon Jan 16, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: Collision Avoidance Systems
Replies: 5
Views: 236

Re: Collision Avoidance Systems

Most of the time one should not ever have a chance of activating them. I know drivers who have these and their cards still get bashed up by other drivers in parking lots. Sure, their own car is not moving, but these things will not cause other cars to stop. Hmmm, that gives me an idea for a patent. ...
by livesoft
Mon Jan 16, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Maxing out Tax Free accounts
Replies: 10
Views: 611

Re: Maxing out Tax Free accounts

What is her age? What is your age? She can contribute $5500 to an IRA even if she made no money because you make money . In addition, because she makes money, she can open a self-employed retirement plan. For instance, a solo 401(k). She can contribute most of her income to that. Google for "so...
by livesoft
Sun Jan 15, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: No company 401k. Already max Roth. Now what?
Replies: 5
Views: 403

Re: No company 401k. Already max Roth. Now what?

Invest tax-efficiently in a taxable account. Such a move is AMAZING! There are no limits on contributions and the tax drag should be less than 0.5% per year.
by livesoft
Sun Jan 15, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: case study- roth 403b, roth, ira, taxable, investing priorities?
Replies: 6
Views: 173

Re: case study- roth 403b, roth, ira, taxable, investing priorities?

Rentals are supposed to give you big tax breaks and not cost you any extra taxes.
by livesoft
Sun Jan 15, 2017 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: case study- roth 403b, roth, ira, taxable, investing priorities?
Replies: 6
Views: 173

Re: case study- roth 403b, roth, ira, taxable, investing priorities?

Why do you believe you will be in a higher tax bracket in retirement? I can tell you that I was in the 33% tax bracket while working and dropped to the 15% tax bracket in retirement. I think it is very unusual to be in a higher tax bracket in retirement. Besides, I can (and do) do Roth conversions. ...
by livesoft
Sun Jan 15, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: case study- roth 403b, roth, ira, taxable, investing priorities?
Replies: 6
Views: 173

Re: case study- roth 403b, roth, ira, taxable, investing priorities?

Based on what you wrote about your income and tax brackets, you should not use a Roth 403(b).

I always used order 1, 3, 2, 4 and it didn't stop me from retiring early and livin' the soft life.
by livesoft
Sun Jan 15, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Correcting mistake of VWENX in taxable acct
Replies: 19
Views: 893

Re: Correcting mistake of VWENX in taxable acct

I am not clear on why Wellington in taxable is inefficient. Since you don't have Roth IRA's, there really isn't a huge disadvantage to keeping it in taxable, in my opinion. Vanguard provides the performance of this fund on its website in a tax-advantaged account and in a highly-taxed taxable accoun...
by livesoft
Sun Jan 15, 2017 5:54 pm
Forum: Personal Consumer Issues
Topic: Recommendations for home paper shredder
Replies: 45
Views: 1642

Re: Recommendations for home paper shredder

Hint: you don't need to buy fancy shredder oil or lubrication sheets. Just use a few drops of Canola oil every time you change the bag which isn't that often because the bin is a good large size. where specifically do you put the oil? Watch the youtube videos on this. :) I've not oiled my shredder ...
by livesoft
Sun Jan 15, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Correcting mistake of VWENX in taxable acct
Replies: 19
Views: 893

Re: Correcting mistake of VWENX in taxable acct

Just looked at Vanguard and no cost basis method is established for any of the taxable funds. I assume that I should select "specific identification" and then assemble spreadsheets for each fund's purchases. Then look for large losers and sell. Agree that VWENX may not have options, but a...
by livesoft
Sun Jan 15, 2017 5:32 pm
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 125
Views: 6401

Re: How much do you typically spend in a restaurant?

Perhaps it belongs in another thread, but we rarely eat the entire meal in a restaurant, so we almost always have a to-go box. Even the burgers at these places are HUGE, so I usually only eat half a burger and bring the other half home for another meal. So I'd put to-go box usage for us at 90% or hi...
by livesoft
Sun Jan 15, 2017 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Correcting mistake of VWENX in taxable acct
Replies: 19
Views: 893

Re: Correcting mistake of VWENX in taxable acct

Thanks for the excellent ideas. I've avoided tax loss harvesting in trying to keep my time doing taxes shorter, but it seems that I need to come around to it. If TLHing requires moe time doing taxes, then you are doing something incorrectly. It is as simple as "Import 1099-B into tax software....
by livesoft
Sun Jan 15, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: How variable is your total income (5 year history)?
Replies: 26
Views: 2541

Re: How variable is your total income (5 year history)?

I'm bringing this thread back up to ask those Bogleheads who have highly variable incomes how you position yourselves to manage the unpredictability of future income. Over the past 10 years, my earnings have bounced between 54% and 390% of median. My solution for this high volatility has always bee...
by livesoft
Sun Jan 15, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Choice of bond fund
Replies: 5
Views: 357

Re: Choice of bond fund

Your understanding is good. At your income level, it seems to me that could hold all your bond allocation in your tax-deferred 401(k) and would not need to use tax-exempt munis in your taxable account at all.
by livesoft
Sun Jan 15, 2017 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Correcting mistake of VWENX in taxable acct
Replies: 19
Views: 893

Re: Correcting mistake of VWENX in taxable acct

One more thing, I would not use VEXAX in taxable because sometimes companies in it get promoted to the S&P500 index and cause a large cap gain distribution. This might be lessened by the mechanism of the ETF share class, but if one can put something more tax-efficient in taxable instead, then I ...
by livesoft
Sun Jan 15, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Correcting mistake of VWENX in taxable acct
Replies: 19
Views: 893

Re: Correcting mistake of VWENX in taxable acct

That's a pretty easy starting strategy, but will not be quick way to unload significant amounts. There's more you can do: 1. Tax-loss harvest any lots with losses of ALL your taxable funds. The losses can help net out future cap gains from selling shares of VWENX at a gain. 2. Open a Donor-Advised F...
by livesoft
Sun Jan 15, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: Upgrade or just buy new? [Computer]
Replies: 27
Views: 1514

Re: Upgrade or just buy new? [Computer]

What do people think of booting up XP in "safe mode with no networking"?
by livesoft
Sun Jan 15, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to Berlin upon retiring. Please critique my plan.
Replies: 8
Views: 1000

Re: Relocating to Berlin upon retiring. Please critique my plan.

Your plan is perfect. Your income in retirement is HUGE, so I see no problems. Learning German will be easy and you really have no pressure to get a job at all. I know someone who moved to Germany with no knowledge of the language, attended the Goethe Institut to learn German, then got a part-time j...
by livesoft
Sun Jan 15, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Intermediate Bond Fund/ETF for Fixed Income AA
Replies: 7
Views: 557

Re: Intermediate Bond Fund/ETF for Fixed Income AA

My rule-of-thumb gleaned from many years of actual real-life experience is that whatever fund you choose, it will always be the worst performer of your starting choices. The only way to get around that is to buy shares in all your choices. Otherwise, I don't think one needs to put much thought into ...
by livesoft
Sun Jan 15, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up my Vanguard ROTH IRA - 23 y.o. -- How many funds should I use?
Replies: 10
Views: 474

Re: Setting up my Vanguard ROTH IRA - 23 y.o. -- How many funds should I use?

I recommend that you use one single fund: A target retirement or life strategy fund which has the asset allocation close to what you want. At this age, the gains in your investment will pale in comparison to your contributions, so I think there is no need to try to outwit yourself with fancy schmanc...
by livesoft
Sun Jan 15, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: is a 401k loan always terrible?
Replies: 39
Views: 2002

Re: is a 401k loan always terrible?

401(k) loans have specified pay-off mechanisms, so one has to research those and make sure that there are no "gotchas" there. For instance, loans are paid from paychecks and there may be no mechanism to make an extra payment from outside money. I am told that 401(k) custodians may not allo...
by livesoft
Sun Jan 15, 2017 3:15 pm
Forum: Forum Issues and Administration
Topic: Alert That One Forum Member Posted?
Replies: 1
Views: 457

Re: Alert That One Forum Member Posted?

Just bookmark their posts like this:
search.php?author_id=102175&sr=posts

I don't think you need an alert, but when you check the forum at your leisure, click on the bookmark in your browser and peruse what you see.
by livesoft
Sun Jan 15, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Getting out of a high expense fund (without screwing up)
Replies: 12
Views: 509

Re: Getting out of a high expense fund (without screwing up)

I believe one can get copies of tax returns from the IRS, so if one cannot find them, one can get them. The tax returns will clearly show whether average cost or specific id was used. I'd sell all the shares and figure out the cost basis over the next 15 months or so. Just be sure to collect all rec...
by livesoft
Sun Jan 15, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 97
Views: 8187

Re: "Millennials may need to double how much they save for retirement"

mac808 wrote:It's hard to imagine an equivalent generational market trend that would distribute as much wealth into the pockets of millennials, but I admit it's possible.

Maybe millennials will inherit more from their parents than the previous generation?
by livesoft
Sun Jan 15, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: How High is Your TV?
Replies: 31
Views: 1907

Re: How High is Your TV?

Our TV is sitting on a built-in desk in the game room with a minimal stand that came with the TV. The desk height is about the same height as the tables in the dining room and kitchen or a desk in any office. Center of TV is about 5 inches above my seated eye level. The bottom of the TV is about a f...
by livesoft
Sun Jan 15, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Getting out of a high expense fund (without screwing up)
Replies: 12
Views: 509

Re: Getting out of a high expense fund (without screwing up)

The account was opened sometime in 2000, but Primera only has records (that I've been able to find online) going back to 1/1/2001. Not sure how much of a problem that poses with the IRS. I guess it's not going to be simple because over the years it's been a mix of cashing and reinvesting dividends....
by livesoft
Sun Jan 15, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: is a 401k loan always terrible?
Replies: 39
Views: 2002

Re: is a 401k loan always terrible?

Presumably, there are two 401(k)s, so if enough money in them, getting $75K should not be problem. And if the loans need to be paid back quickly, there is the emergency fund for that.
by livesoft
Sun Jan 15, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Getting out of a high expense fund (without screwing up)
Replies: 12
Views: 509

Re: Getting out of a high expense fund (without screwing up)

May I ask what is so overwhelming about figuring out your cost basis? What approach will you take? What statements and records do you have?
by livesoft
Sun Jan 15, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Getting out of a high expense fund (without screwing up)
Replies: 12
Views: 509

Re: Getting out of a high expense fund (without screwing up)

It is unlikely that you will be hit with a big tax bill because you have bought more shares every month. Say you bought $1,000 worth every month for 5 years, that means you paid $60,000 for those shares. Well, you write that you only have $230K in the fund, so the cost basis must be at least $180K b...
by livesoft
Sun Jan 15, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: is a 401k loan always terrible?
Replies: 39
Views: 2002

Re: is a 401k loan always terrible?

A 401(k) loan is not always terrible, but it is also limited in size to the less of $50K or half the amount in the 401(k). So to have $100K in a 401(k) when contribution limits have been $18K and less means maybe 3.5 years of contributions in recent years.

Visiting family can live in a hotel. :)
by livesoft
Sun Jan 15, 2017 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Oops...Stuck with 100% Equities in Taxables!!
Replies: 4
Views: 1032

Re: Oops...Stuck with 100% Equities in Taxables!!

Our taxable accounts are 100% equities. It is a joy to not have to pay any income taxes on our investments. Here's how to get income: 1. All your funds pay dividends usually every quarter. So have dividends go to your checking account and spend them. Woo-hoo! 2. If that is not enough money, then sel...
by livesoft
Sun Jan 15, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for Low Duration Bond Fund
Replies: 16
Views: 823

Re: Suggestions for Low Duration Bond Fund

Vanguard has about 9 different short-term bond funds. Can you find them all?
by livesoft
Sun Jan 15, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need confirmation/help on first time tax filing for investing
Replies: 4
Views: 223

Re: Need confirmation/help on first time tax filing for investing

ff4930 wrote:Oh I see. So the process is the 401k company issues 1099-R to Vanguard and Vanguard makes it available for me?

Not quite. The 401(k) company issues the 1099-R to you. Vanguard sends you nothing until you take money out.
by livesoft
Sun Jan 15, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Need confirmation/help on first time tax filing for investing
Replies: 4
Views: 223

Re: Need confirmation/help on first time tax filing for investing

I wish to confirm all your post except perhaps "I am assuming 2017." 3) Not sure if this counts for 2016, I called to roll over another old 401k into a T-IRA to Vanguard on 12/30/2016 but Vanguard didn't get the roll over check until 1/6/2017. Does this count for 2016 or 2017? I am assumin...
by livesoft
Sun Jan 15, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: HSA trade
Replies: 3
Views: 310

Re: HSA trade

There should be no tax consequences to making transactions within the HSA brokerage account just like there are no tax consequences to making transactions within a 401(k) or IRA account.

There may be commissions to pay for trades, so be aware of what your custodian charges you for those.
by livesoft
Sun Jan 15, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: List of possible investments
Replies: 21
Views: 1070

Re: List of possible investments

There are some in-between things that folks seem to have trouble with: TIAA Real Estate Account --- is it real estate? a mix of bonds and real estate? TIAA Traditional Annuity --- is bonds? fixed income? stable value? long-term reserves? Stable value funds I-Bonds --- G fund --- Various annuities (d...
by livesoft
Sun Jan 15, 2017 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Asset Location at the 15% tax bracket?
Replies: 6
Views: 779

Re: Asset Location at the 15% tax bracket?

Equities in Roths because they are expected to grow more than bonds and thus no taxes on that expected higher growth. But so long as I stay at 15%, there will be 0% taxes on expected higher growth either with Roth or Taxable. So it doesn't matter, other than the non-tax advantages of Roth for heirs...
by livesoft
Sun Jan 15, 2017 7:40 am
Forum: Investing - Theory, News & General
Topic: Do you manually do bookkeeping for all your investments by yourself?
Replies: 14
Views: 1206

Re: Do you manually do bookkeeping for all your investments by yourself?

Many people, including Californians, have checking accounts through which most of their cash flows. I wonder how they keep track of their money and whether they could do the same kind of thing for their investment account(s) which should have much fewer transactions.
by livesoft
Sat Jan 14, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Spare change cash drag in Roth after ETF purchase
Replies: 5
Views: 319

Re: Spare change cash drag in Roth after ETF purchase

Nate79 wrote:This is why I like to have at least one mutual fund in each account to reinvest all small amounts.

Excellent idea! I used to do that.

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