Search found 371 matches

by not4me
Fri Jul 20, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat annuity?
Replies: 22
Views: 1452

Re: How to treat annuity?

Confirmed this interest is taxed just like regular income. Mainly wanted to say that I was flat wrong! Sorry for any confusion, but this is a type of "life insurance annuity" that I'm unfamiliar with. I wonder what makes it an annuity? Anyway, your statement in previous post seemed to clarify how i...
by not4me
Fri Jul 20, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Closed funds
Replies: 2
Views: 429

Re: Closed funds

I think it depends upon the specific fund & closing. Funds sometimes close totally. Some throttle the inflow by placing limits or closing to certain types of investors, etc. By the way, Flagship status is something Vanguard offers. The fund closing is done by the company providing the fund, which ma...
by not4me
Fri Jul 20, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 95
Views: 4960

Re: Should I Dump a Pile of Money on Young Son?

A couple of miscellaneous points...OP, this is likely me stating the obvious, but hopefully it is understood that when someone disclaims an inheritance, that person doesn't get to select who does get it. I don't mean to talk down to you or anyone, just making sure that wasn't overlooked. I would con...
by not4me
Thu Jul 19, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat annuity?
Replies: 22
Views: 1452

Re: How to treat annuity?

What is it costing you in taxes? Well it earns about $1700/yr from the 6% that I presume is added to my income and is taxable (father-in-law is a CPA and does my taxes). I'm guessing here, but I don't think you presume correctly. I don't think current year taxes is your biggest problem. Another pos...
by not4me
Tue Jul 17, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis of Funds to file Decedent's taxes
Replies: 6
Views: 430

Re: Cost Basis of Funds to file Decedent's taxes

Background. My mother passed late last year and her advisors wrote and had me send to their own company the following regarding her taxable account: As Personal Representative for the Estate of my mother, xxxx. I request that you calculate the Step Up in Cost Basis on the above account and proved m...
by not4me
Tue Jul 17, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using an ETF for TIPS investing
Replies: 22
Views: 1843

Re: Thoughts on using an ETF for TIPS investing

Thanks! I'm looking at SCHP from Schwab which looks similar to iShares TIP. (At the moment they have a bit of an edge in the costs.) While I'm looking to just buy and hold, I'm wondering what the process is when one does sell. Since it's an ETF holding bonds with varying maturities, what sort of pe...
by not4me
Tue Jul 17, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Why is my bond fund going up with interest rates?
Replies: 16
Views: 1508

Re: Why is my bond fund going up with interest rates?

I am invested in municipal bond fund fmotx. In the last few months the Fed has raised interest rates, yet the bond fund is on a slow increase in value. I am prepared for bond funds to drop for a while, and have delayed investing more capital for this reason. I know some of the bonds are corporate, ...
by not4me
Sat Jul 14, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1495

Re: many differences in small cap indexes

I'm not following. But let me try to be clearer myself. I thought the sp600 was more midcap (that is, had higher market caps) than Russell 2000; According to the Morningstar style box ( IWM vs IJR ) the S&P 600 seems to be clearly the smaller one. Maybe clear to you, just eyeball I didn't see the d...
by not4me
Sat Jul 14, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: M* vs Fool.com Charts
Replies: 9
Views: 891

Re: M* vs Fool.com Charts

Thank you Doc, I never noticed that drop down. M* Price chart matches fool.com, no conspiracies going on. not4you, I can't say exactly why the growth doesn't correlate with price from Jan 1997 to Jan 2003 (when DODGX gets its big boost) without a lot more digging. I can just say there are a lot mor...
by not4me
Sat Jul 14, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1495

Re: many differences in small cap indexes

I didn't read the article, but 1st thought was that the sp600 was more midcap (less small & micro) & more concentrated. How much difference that would account for I'm not sure, but I never thought of these as comparable myself Believe you’re confusing it with the CRSP index that Vanguard now uses. ...
by not4me
Sat Jul 14, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: M* vs Fool.com Charts
Replies: 9
Views: 891

Re: M* vs Fool.com Charts

For educational purposes I decided to try something more recent and using VFINX (Vanguard 500 Investor Class) vs DODGX this time since it is a fund instead of an index. I got similar scary results. There has to be some fundamental methodology that we are overlooking. Date Range: 1/1/2010 - 7/13/18 ...
by not4me
Sat Jul 14, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Why is leveraging property good but leveraging stocks bad?
Replies: 174
Views: 11145

Re: Why is leveraging property good but leveraging stocks bad?

I don't think there is one clear cut answer. Most will defend what they do -- if they don't see it as defensible, they wouldn't do it. Houses we live in become personal...house we rent out less so. As mentioned earlier, margins, futures, etc have their place "in the right hands" -- they aren't (in m...
by not4me
Sat Jul 14, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Inherited retirement account
Replies: 12
Views: 1505

Re: Inherited retirement account

... or to disclaim the inheritance and pass it on to her children and/or grandchildren. David I wasn't sure how intentional you meant this statement. Are you suggesting she would disclaim just the IRA portion or the estate in entirety? Or is that essentially the same thing in this case? As already ...
by not4me
Sat Jul 14, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 197
Views: 8295

Re: Direct Real Estate Returns

Real estate is unique in that it is one of the few businesses where you can use leverage to invest in a potentially appreciating asset. Wildbill, I've appreciated your posts & insight. Would you clarify the above statement? Seems to me that someone could use leverage to invest in stocks also. Howev...
by not4me
Sat Jul 14, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: many differences in small cap indexes
Replies: 26
Views: 1495

Re: many differences in small cap indexes

I didn't read the article, but 1st thought was that the sp600 was more midcap (less small & micro) & more concentrated. How much difference that would account for I'm not sure, but I never thought of these as comparable myself
by not4me
Sat Jul 14, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: M* vs Fool.com Charts
Replies: 9
Views: 891

Re: M* vs Fool.com Charts

I don't use these charts enough to know how they really work. My 1st thought though was that the mutual fund would be affected by offsetting losses & the index would not. To validate that, you might look at certain time periods in detail, try doing the same thing with a sp500 index fund etc...just a...
by not4me
Fri Jul 13, 2018 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2464

Re: Logging out 20 acre lot?

Couple of additional details based on the comments and suggestions (Thank you very much for all the information): 1) Property has a residential loan with a bank in parents name, we are not on the loan. 2) We created a trust, which was signed before their death, and moved the house into the trust be...
by not4me
Fri Jul 13, 2018 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Logging out 20 acre lot?
Replies: 37
Views: 2464

Re: Logging out 20 acre lot?

Not sure it matters a lot, but in thinking of options I realize I'm still confused as to the status & how this came about. Whose name is on the loan/deed now? If you, then won't walking away create some issues for your credit, etc? If not, can you really sell timber or land? I'm guessing from your d...
by not4me
Thu Jul 12, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Taxable Account – Limited Documentation for Taxes
Replies: 4
Views: 617

Re: Selling Taxable Account – Limited Documentation for Taxes

2011 was about the time that companies started distinguishing between covered & non-covered. Different types of assets & different type of companies changed at different times & in different ways. I've not dealt directly with "real" custodial accounts nor held any account directly at Janus; so, eith...
by not4me
Tue Jul 10, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA question
Replies: 11
Views: 609

Re: Inherited IRA question

I'll offer a slightly different view that may not be as popular & it's usefulness may depend upon your willingness to crunch some numbers. I assume the main attraction to have a smaller RMD is having a smaller current tax bill. None of us know what the future holds for taxes. But, if it were me, I'd...
by not4me
Tue Jul 10, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Silver ETF [How does it track the spot price?]
Replies: 17
Views: 924

Re: Silver ETF [How does it track the spot price?]

I'm interested in investing in SIVR (an ETF that tracks silvers spot price). My question is how does this particular fund track the spot price? Looking at the price now it's 40 cents lower than spot price. It's backed by actual silver held in vaults by HSBC. I just don't understand how the ETF pric...
by not4me
Tue Jul 10, 2018 12:15 pm
Forum: Investing - Theory, News & General
Topic: Fundrise vs. Vanguard REIT ETF
Replies: 10
Views: 1108

Re: Fundrise vs. Vanguard REIT ETF

Should Fundrise be compared to a REIT and then compare performance? Should fundrise be compared to holding real estate (property ownership-landlord-rental income)? I only skimmed the info, so this may be slightly off, but it struck me as "just another non-traded REIT". As investments tend to be, th...
by not4me
Thu Jul 05, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: What stocks are excluded from VG’s total international funds?
Replies: 6
Views: 658

Re: What stocks are excluded from VG’s total international funds?

I wasn't clear if you were asking the general question or strictly specific to the one you mentioned. I'll speak to the broader issue & let you do leg work on the specific if you choose. You cited the index for the one fund & so I assume you understand that the index definition drives what the fund ...
by not4me
Thu Jul 05, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 7
Views: 1048

Re: REITs - 20% Qualified Income Deduction

You are right about the complexity. I do not have the definitive answers nor do I think anyone can at this point. Too early to know. But I have a broad understanding that shapes my thinking & so thought I'd share that & maybe give the thread a bump. I believe what you are referencing is connected to...
by not4me
Fri Jun 29, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: High yield and tax-free munis
Replies: 23
Views: 2402

Re: High yield and tax-free munis

OP, I take it from your post that some of this is unfamiliar to you & so I want to add a note of caution. Buying individual municipals is NOT something I would think wise in most cases -- as has been pointed out, there is less diversification than with a fund, they can be inefficient to trade, etc. ...
by not4me
Thu Jun 28, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends/distribution
Replies: 6
Views: 727

Re: Dividends/distribution

This is the first time I'm experiencing distributions and I'm wondering if that's normal. I'm with Vanguard invested $150in VTSAX and VTIAX. I've noticed that my IRA that had about $115,000 before distribution on 06/21/18 is down to about $112,000. Normally I don't see as "big" of a drop. Is this t...
by not4me
Wed Jun 27, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: High yield and tax-free munis
Replies: 23
Views: 2402

Re: High yield and tax-free munis

Agree with others that given the numbers you are using, your math is on target. Just to mention a few things that might affect the numbers....can't vouch for whether these are indeed "triple tax-free" (especially that they don't trigger AMT, etc), you are using 2018 (& future) tax rates, and not las...
by not4me
Wed Jun 20, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Dividends
Replies: 6
Views: 1059

Re: Mutual Fund Dividends

Therefore the price per share is reduced to account for the new shares that are issued during reinvestment. I hope I have it correct!? I think you are close & we may just be phrasing differently. I've probably overly simplified to the point of making it misleading in cases. I skipped past bond open...
by not4me
Wed Jun 20, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Stock Investments questions and advice?
Replies: 7
Views: 541

Re: Stock Investments questions and advice?

Thought I'd add a few thoughts to what dbr already said; sounded as if you are somewhat new to investing and might want a bit extra. I couldn't tell if you had already bought some stock or were still considering it. Also, I wasn't clear if you were thinking only about 401k or if a "taxable" account....
by not4me
Wed Jun 20, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: What happens to shares in a merger?
Replies: 9
Views: 734

Re: What happens to shares in a merger?

one extra wrinkle to remember. I assume you are talking about remembering this will need to be included when you file 2018 taxes. Since this is your first "sell", you may want to be sure you get the info you'll need & keep it with other tax info. If you do change & for what ever reason Cap One does...
by not4me
Wed Jun 20, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Missed RMD - IRS penalty waiver process?
Replies: 13
Views: 1323

Re: Missed RMD - IRS penalty waiver process?

OP, depending upon the custodian, they may offer the chance to setup "automatic" RMDs. I think they usually let you pick things like when, which funds to draw on, etc. This may avoid a problem after this year
by not4me
Wed Jun 20, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: How are LTCG taxed on Form 1040?
Replies: 4
Views: 396

Re: How are LTCG taxed on Form 1040?

look at line 44 where the tax is calculated. There are different worksheets that are used to calculate the tax depending upon the situation. In those worksheets, it works through the ltcg as well as qualified dividends, etc
by not4me
Tue Jun 19, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Dividends
Replies: 6
Views: 1059

Re: Mutual Fund Dividends

I think the fund share price is set by demand and therefore the share price should be controlled by the market. I'll take a shot, but it might be easier with a specific example. From reading your 1st post (welcome by the way!), I think you are looking at a type of mutual fund known as an "open end"...
by not4me
Tue Jun 19, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 10777

Re: I-bonds look pretty bad right now

Many of the Bogleheads (including me) backed up the truck and loaded up on the old 3.0, 3.3, 3.4 and 3.6% fixed rate I Bonds and are now sitting fat, dumb and happy with nice returns on a risk-free investment. But those were the good old days that we may never see again. I think this gets to the he...
by not4me
Tue Jun 19, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Mutual Fund Dividends
Replies: 12
Views: 1093

Re: Mutual Fund Dividends

a measurable cash drag? ... you'd be losing over say 0.05% a year in this continuously rising market. It may be measurable, but I don't think there is enough publicly available info to measure it to the granularity you are looking for. As others have pointed out, you are starting with an assumption...
by not4me
Mon Jun 18, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Partial Owner of Inherited Family Farm/Land
Replies: 16
Views: 2207

Re: Partial Owner of Inherited Family Farm/Land

I reckon I should suggest that my wife try to get a specific appraisal on this and any other portions of the property which differ (farmable, wetlands, etc). I would encourage you to get a qualified appraiser & tell them the full story & what you are trying to accomplish. You'll be better off havin...
by not4me
Mon Jun 18, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Seller Financing on Land Sale
Replies: 10
Views: 1072

Re: Seller Financing on Land Sale

Thanks for the responses. I'm the OP and you have all given me a lot to consider, not only with respect to the interest rate. The property has been on the market for a couple years, and I may be over eager to get it on contract. The offer is nearly 20% below asking, lower than I would like. We have...
by not4me
Mon Jun 18, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Opinions on taxable municipal bonds?
Replies: 12
Views: 835

Re: Opinions on taxable municipal bonds?

I don't think you'll get a single answer that applies to all the taxable munis. I believe there is a fine line somewhere between a 'private activity' bond & a taxable. The private activity bonds are usually referred to as tax-exempt, but they may trigger the AMT (which may be less an issue starting ...
by not4me
Sat Jun 16, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Seller Financing on Land Sale
Replies: 10
Views: 1072

Re: Seller Financing on Land Sale

DaBombCat has a good list, but there are a couple of things I'd add (& may inadvertently repeat). There are some missing pieces that you didn't share that would matter to me. I would look at this in 2 parts: (1) selling the land; (2) lending the money. As for the selling of land, you didn't say how ...
by not4me
Sat Jun 16, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Confused with Cost basis for Company Stock in a Share Value Plan
Replies: 1
Views: 189

Re: Confused with Cost basis for Company Stock in a Share Value Plan

I'm not familiar with any standard plan called a 'share value' plan, but the cost basis should be the after-tax contribution you made to this if any. If you didn't, then the basis is zero. Cost basis keeps you from paying tax on something you've already paid tax on, while taxing any gain you are get...
by not4me
Thu Jun 14, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Help with buying municipal bonds please
Replies: 4
Views: 831

Re: Help with buying municipal bonds please

Since you've made a (seemingly prudent) decision to expand your bond allocation, the next step I'd recommend is to decide the characteristics you're going to get. Consider duration, credit quality, your risk tolerance, etc. It may be as simple as extending the types of bonds you already have. Then, ...
by not4me
Wed Jun 13, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Please advise re:Guggenheim intermediate bond fund class p SIUPX
Replies: 17
Views: 615

Re: Please advise re:Guggenheim intermediate bond fund class p SIUPX

I rolled my 401 plans into IRA at Fidelity. I wasn’t sure what bond fund to get into, so I asked the guy helping me what he suggested. I should have done more research before I purchased. I’ve only had the Guggenheim funds for about two months, but I’m concerned about the high ER that will go even ...
by not4me
Wed Jun 13, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Imagine a 10 year, 0%, noncallable loan
Replies: 49
Views: 3116

Re: Imagine a 10 year, 0%, noncallable loan

In simple terms that averages out to 2% a year for the original loan balance; since the balance is declining annually the actual effective APR would be higher than 2%, but it's still fairly low - especially for unsecured debt. I approached a bit differently, but ended up in the same area for a cap....
by not4me
Wed Jun 13, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Please advise re:Guggenheim intermediate bond fund class p SIUPX
Replies: 17
Views: 615

Re: Please advise re:Guggenheim intermediate bond fund class p SIUPX

Welcome to the forum! I don’t know Fidelity funds well enough to recommend a replacement, but I don’t think anyone around BH would recommend an intermediate term bond fund with a 1.03% expense ratio. The 12b-1 fee is paid by the mutual fund company to the broker, so the advisor had a significant co...
by not4me
Wed Jun 13, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Please advise re:Guggenheim intermediate bond fund class p SIUPX
Replies: 17
Views: 615

Re: Please advise re:Guggenheim intermediate bond fund class p SIUPX

Welcome to the forum! I don’t know Fidelity funds well enough to recommend a replacement, but I don’t think anyone around BH would recommend an intermediate term bond fund with a 1.03% expense ratio. The 12b-1 fee is paid by the mutual fund company to the broker, so the advisor had a significant co...
by not4me
Wed Jun 13, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: High Yield Municipal Bonds: Short or intermediate/long term, which to choose from?
Replies: 4
Views: 621

Re: High Yield Municipal Bonds: Short or intermediate/long term, which to choose from?

I'm not clear on what your objective is. I'll throw out a few things for you to consider & see if that will help clarify. Start with 'why' you are thinking about high yield bonds. I take from what you've said you are trying to get some added yield & understand you'd be taking on more risk. I know ot...
by not4me
Mon Jun 11, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend Buffer
Replies: 24
Views: 2311

Re: Dividend Buffer

Usually, whenever the yield started going down, it was because the price had been going up; so you were getting a smaller slice of a bigger pie, and your income didn't drop. I'm curious about this backtest -- specifically in subsequent years, were you looking at the dollars distributed or using the...
by not4me
Mon Jun 11, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: EE savings bonds “doubling” in 2019
Replies: 7
Views: 1459

Re: EE savings bonds “doubling” in 2019

Mainly posting to bump the thread as others know this area much better than I. It's my understanding that a one time adjustment is made on anniversary of issuance & thus from that the interest would be calculated. As to whether or not to cash in, if it were me I'd look at broader picture, but most l...
by not4me
Mon Jun 11, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: A great father's day gift
Replies: 19
Views: 3469

Re: A great father's day gift

good reminder/advice...another would be for those who still can, do make a call (or more) this week to financial mentors (especially if their father) & say "thanks"
by not4me
Thu Jun 07, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Understanding Vanguard statement
Replies: 41
Views: 2652

Re: Understanding Vanguard statement

Good people, I have replicated my statement and the fact that I round some, eliminating a few cents or a few thousandths of a decimal point does not alter the understanding of the illustration or the comparisons. Please trust me on this. Activity summary Values on April 1 0.00 Purchases and Withdra...