Hi all,
I'm 99% sure I know the answer, but wanted your wise confirmation, nonetheless. I sold a small cap value fund on Friday to harvest losses - I have not sold or bought this fund at any time during the past 30 days, not will I for the next 30 days.
I am planning to buy into another TLH partner fund/etf on Monday (I'm comfortable with my TLH partners). However, I have bought this new TLH partner fund/etf (which I plan to buy on Monday) within the past 30 days. This does not matter for the purposes of tax loss harvesting my initial fund/sale, correct? Only matters if I have bought the fund I am actually harvesting within the 60 time frame (which I will not)?
Thanks!
Search found 20 matches
- Sat Mar 21, 2020 8:24 am
- Forum: Personal Investments
- Topic: Another Tax Loss Harvesting Question
- Replies: 1
- Views: 115
- Thu Jun 22, 2017 2:07 pm
- Forum: Investing - Theory, News & General
- Topic: [NY Times: Index fund evangelist is straying From His Gospel]
- Replies: 32
- Views: 5635
[NY Times: Index fund evangelist is straying From His Gospel]
[Post merged into here, see below. --admin LadyGeek. Title was "Malkiel Jumps on the Smart-Beta Wagon"]
I don't think this has been posted elsewhere.
New York Times: An Index-Fund Evangelist Is Straying From His Gospel
https://www.nytimes.com/2017/06/22/busi ... funds.html
Basically, Malkiel now believes investing in "factors" is (or at least, can be) cheap enough, and tax efficient enough, to be worth investing in over vanilla, market-cap portfolios. Nothing earth shattering here, except for perhaps Malikiel's change of heart.
I don't think this has been posted elsewhere.
New York Times: An Index-Fund Evangelist Is Straying From His Gospel
https://www.nytimes.com/2017/06/22/busi ... funds.html
Basically, Malkiel now believes investing in "factors" is (or at least, can be) cheap enough, and tax efficient enough, to be worth investing in over vanilla, market-cap portfolios. Nothing earth shattering here, except for perhaps Malikiel's change of heart.
- Sat May 20, 2017 10:01 am
- Forum: Investing - Theory, News & General
- Topic: "Why Value Stocks Have Disappointed"
- Replies: 42
- Views: 7685
Re: "Why Value Stocks Have Disappointed"
Wish Mr. Swedroe was still around these parts to weigh in. This issue is right up his wheel house...
- Thu Apr 20, 2017 12:45 am
- Forum: Investing - Theory, News & General
- Topic: Larry Swedroe says "Goodbye."
- Replies: 445
- Views: 79741
Re: Larry Swedroe says "Goodby."
Thanks for your great service to investors, Larry. I, for one, will likely visit Bogleheads less frequently without you here. Really appreciated having a true professional weigh in at times on these boards.
- Fri Feb 10, 2017 3:41 pm
- Forum: Personal Investments
- Topic: New Goldman Sachs ETFs
- Replies: 12
- Views: 2786
Re: New Goldman Sachs ETFs
Would love to know what Larry thinks of these ETFs, specifically...
- Mon Nov 28, 2016 10:47 pm
- Forum: Investing - Theory, News & General
- Topic: Larry Swedroe's New Book is Available Now!
- Replies: 164
- Views: 28876
Re: Larry Swedroe's New Book is Available Now!
Larry, I've read about half of your newest book, so forgive me if this is a poor question. I realize part of the idea of the book is to diversify across factors once you understand factors, per the information on the factors in the book. However, my already existing AA for the equity portion of my portfolio is: 45% US total stock market; 15% US small cap value; 30% Total International; 10% emerging markets. Would you quibble with this portfoio for failing to diversify across factors (i.e. only dipping into small, and value factors). To me, small cap value are the factors I believe the most in. I also overweight EM because of higher expected returns (with more risk). Again, I picked this AA because I believe in this asset allocation and that...
- Sat Aug 27, 2016 12:33 pm
- Forum: Personal Investments
- Topic: Feedback on Portfolio AA
- Replies: 10
- Views: 1052
Re: Feedback on Portfolio AA
Any other thoughts? I suppose feedback is limited because this AA is pretty similar to the boglehead favorite three-fund portfolio with a couple slight tilts? Well you can always look at the threads arguing over whether we should be investing in international at all (different opinions exist - your allocation at 40% is same as mine) since it's underperformed recently and the counters to that. Or you could look at the threads on the value premium to see if there is any thing in the suggestion about tilting to more small value. The thing is, there is nothing wrong with your suggested allocation. It's definitely going to work for you I think although some may be leery of the international percent. I upped mine a little back so as not to keep ...
- Fri Aug 26, 2016 4:23 pm
- Forum: Personal Investments
- Topic: Feedback on Portfolio AA
- Replies: 10
- Views: 1052
Re: Feedback on Portfolio AA
Any other thoughts? I suppose feedback is limited because this AA is pretty similar to the boglehead favorite three-fund portfolio with a couple slight tilts?
- Wed Aug 24, 2016 10:04 pm
- Forum: Personal Investments
- Topic: Feedback on Portfolio AA
- Replies: 10
- Views: 1052
Re: Feedback on Portfolio AA
Hello Folks, Any thoughts on the following equity AA of my portfolio (I have a separate fixed income portion): 50% Total US Stock Market 10% US Small Cap Value 30% Total Internatioanl 10% Emergining Markets All funds will be Vangaurd index funds (mutual funds and/or etfs). Basically, it's the three fund portfolio, slightly tilted towards small cap value and emerging markets. Seems like a reasonable AA if I stay the course with it for the long term, no? I would use Small-cap Value at around 1/3 of domestic stocks, about twice your 17% of domestic stocks. Rick Ferri had a blog post on this, titled "winning with small value stocks". I don't know any reason to overweight emerging markets. Thank you for the reply. Understood on small ...
- Wed Aug 24, 2016 8:36 pm
- Forum: Personal Investments
- Topic: Feedback on Portfolio AA
- Replies: 10
- Views: 1052
Re: Feedback on Portfolio AA
Hello Folks, Any thoughts on the following equity AA of my portfolio (I have a separate fixed income portion): 50% Total US Stock Market 10% US Small Cap Value 30% Total Internatioanl 10% Emergining Markets All funds will be Vangaurd index funds (mutual funds and/or etfs). Basically, it's the three fund portfolio, slightly tilted towards small cap value and emerging markets. Seems like a reasonable AA if I stay the course with it for the long term, no? I would use Small-cap Value at around 1/3 of domestic stocks, about twice your 17% of domestic stocks. Rick Ferri had a blog post on this, titled "winning with small value stocks". I don't know any reason to overweight emerging markets. Thank you for the reply. Understood on small ...
- Wed Aug 24, 2016 8:16 pm
- Forum: Personal Investments
- Topic: Feedback on Portfolio AA
- Replies: 10
- Views: 1052
Feedback on Portfolio AA
Hello Folks,
Any thoughts on the following equity AA of my portfolio (I have a separate fixed income portion):
50% Total US Stock Market
10% US Small Cap Value
30% Total Internatioanl
10% Emergining Markets
All funds will be Vangaurd index funds (mutual funds and/or etfs). Basically, it's the three fund portfolio, slightly tilted towards small cap value and emerging markets. Seems like a reasonable AA if I stay the course with it for the long term, no?
Any thoughts on the following equity AA of my portfolio (I have a separate fixed income portion):
50% Total US Stock Market
10% US Small Cap Value
30% Total Internatioanl
10% Emergining Markets
All funds will be Vangaurd index funds (mutual funds and/or etfs). Basically, it's the three fund portfolio, slightly tilted towards small cap value and emerging markets. Seems like a reasonable AA if I stay the course with it for the long term, no?
- Mon Jan 11, 2016 11:58 pm
- Forum: Investing - Theory, News & General
- Topic: Target Retirement Fund vs S&P 500 Index
- Replies: 19
- Views: 7908
Re: Target Retirement Fund vs S&P 500 Index
I use a mix of an S&P 500 index fund and the vangaurd target date fund in my 401k, and I am 30 years old. I, personally, like the combination of these two funds for my AA. The S&P500 provides me solid, low cost returns from the 500 large companies in the US Stock market (over the long term for a 30 year old planning for retirement - this a GREAT investment). The target date fund provides me some bond exosure, and more as I get older, and some international exosure. Sure, I also replicate the S&P 500 fund in the target date fund with the target date fund's US Stock holdings... But that's ok, I like that fund. I don't want to hold ONLY the target date fund because I think it mixes in too might bond exposure for a retirement accoun...
- Wed Dec 30, 2015 12:46 pm
- Forum: Personal Investments
- Topic: Backdoor Roth IRA at end of 2015 and New Roth IRA at beginning of 2016
- Replies: 7
- Views: 995
Re: Backdoor Roth IRA at end of 2015 and New Roth IRA at beginning of 2016
Thanks for the helpful opinions. I never contributed to an IRA of any kind, ever, prior to this backdoor Roth IRA I did this month, so there should be no tax consequences on that.
- Wed Dec 30, 2015 11:28 am
- Forum: Personal Investments
- Topic: Backdoor Roth IRA at end of 2015 and New Roth IRA at beginning of 2016
- Replies: 7
- Views: 995
Backdoor Roth IRA at end of 2015 and New Roth IRA at beginning of 2016
Hello all,
I just finished executing a backdoor Roth IRA a few days ago for 2015 ($5,500). I want contribute to the backdoor Roth IRA in January 2016 as well for my 2016 contribution. Any issue with doing another $5,500 in January for the year 2016? I can't imagine there would be, but just wanted to be sure.
Additionally, I am getting married in late January 2016. Could I go ahead and put $11,000 in the backdoor Roth IRA in January if we are filing jointly for 2016? Not sure I would do this, but would like to know if it is an option.
Thanks!
I just finished executing a backdoor Roth IRA a few days ago for 2015 ($5,500). I want contribute to the backdoor Roth IRA in January 2016 as well for my 2016 contribution. Any issue with doing another $5,500 in January for the year 2016? I can't imagine there would be, but just wanted to be sure.
Additionally, I am getting married in late January 2016. Could I go ahead and put $11,000 in the backdoor Roth IRA in January if we are filing jointly for 2016? Not sure I would do this, but would like to know if it is an option.
Thanks!
- Thu Dec 17, 2015 11:20 am
- Forum: Personal Finance (Not Investing)
- Topic: Any Biglaw attorneys on the board?
- Replies: 53
- Views: 13196
Re: Any Biglaw attorneys on the board?
Second-year big law attorney here. Great to see other folks here, this could be a great resource for us to share information.
I just finished paying off my student loans a couple months ago. I am going to max out my 401k for this year (mostly traditional 401k with a little bit of Roth 401k sprinkled in for tax diversification). I am now thinking about whether I should also max out an IRA/backdoor Roth IRA before year end.
Does anyone have any thoughts on whether to max out an IRA or backdoor Roth IRA? With our high income, might it make more sense to use the IRA instead of the Roth IRA?
I just finished paying off my student loans a couple months ago. I am going to max out my 401k for this year (mostly traditional 401k with a little bit of Roth 401k sprinkled in for tax diversification). I am now thinking about whether I should also max out an IRA/backdoor Roth IRA before year end.
Does anyone have any thoughts on whether to max out an IRA or backdoor Roth IRA? With our high income, might it make more sense to use the IRA instead of the Roth IRA?
- Wed Nov 11, 2015 5:10 pm
- Forum: Personal Investments
- Topic: Re-Investing Money Already in Taxable Account
- Replies: 14
- Views: 1993
Re: Re-Investing Money Already in Taxable Account
She inherited the cash, and afterword's it was all invested through this advisor/broker who was a family friend. So I don't think this is a consideration.clip651 wrote:I am a newbie, but when did she inherit this money/account? There is a step up in basis as of the date of death of the person she inherited it from. So you will need that cost basis information, as well as information on any additional investments/purchases since then (reinvested dividends, etc), as far as I understand it.
Step up in basis from the wiki:
https://www.bogleheads.org/wiki/Step-up_in_basis
cj
- Wed Nov 11, 2015 4:52 pm
- Forum: Personal Investments
- Topic: Re-Investing Money Already in Taxable Account
- Replies: 14
- Views: 1993
Re: Re-Investing Money Already in Taxable Account
Thanks for the great responses everyone.
One more follow up: would it be another prudent consideration be trying to sell funds/equities that have realized capital gains along with funds/equities that have losses in the same year? This would, of course, offset my capital gains for the year. Then I could kind of go year by year with this strategy. I was thinking perhaps I could balance this consideration along with the many others folks have mentioned (e.g. how high the ER's are; how risky/stupid some of the individual stocks and mutual funds are; etc.). Obviously, I wouldn't want the sole consideration to be capital gains taxes if it's just a bad portfolio.
One more follow up: would it be another prudent consideration be trying to sell funds/equities that have realized capital gains along with funds/equities that have losses in the same year? This would, of course, offset my capital gains for the year. Then I could kind of go year by year with this strategy. I was thinking perhaps I could balance this consideration along with the many others folks have mentioned (e.g. how high the ER's are; how risky/stupid some of the individual stocks and mutual funds are; etc.). Obviously, I wouldn't want the sole consideration to be capital gains taxes if it's just a bad portfolio.
- Sun Nov 08, 2015 12:29 pm
- Forum: Personal Investments
- Topic: Re-Investing Money Already in Taxable Account
- Replies: 14
- Views: 1993
Re: Re-Investing Money Already in Taxable Account
This becomes a bit tricky because, of course, if I sell the positions she's already in we are going to incur a lot of tax liability for realized gains. However, I also don't want the money to sit in investments that are not prudent/don't make any sense. Thus, my thought is to sell most positions (save the few are more reasonable, i.e. mutual funds that don't seem too bad), and just deal with any taxes for the purposes of straightening out this portfolio. My question is: generally, does this sound like a reasonable plan? I'm not sure how else to go about this. The first thing is that the manager is most likely imposing costs due to his fee (How much is that?) and due to any commissions they are earning from buying and selling. You can elimi...
- Sun Nov 08, 2015 12:26 pm
- Forum: Personal Investments
- Topic: Re-Investing Money Already in Taxable Account
- Replies: 14
- Views: 1993
Re: Re-Investing Money Already in Taxable Account
I did. But my previous post with the old username actually contained less info. Again, last time the discussion delved way too much (not by me) into whether or not this is "my" money. I did not get too much out of the discussion, other than the issue of tax consequences, which is really my main concern with my plan at this point.
Did you create a new userID?
What happened to your previous posts?
There is probably more detailed information there that would help us to understand your needs/plans.
RM
- Sun Nov 08, 2015 11:47 am
- Forum: Personal Investments
- Topic: Re-Investing Money Already in Taxable Account
- Replies: 14
- Views: 1993
Re-Investing Money Already in Taxable Account
Hello all, Here's my situation: I am marrying a woman who has roughly $1 million that she inherited. The inheritance is currently tied up in a taxable account managed by a financial advisor/broker. The advisor has been pretty terrible from what I can tell. From 2010-2014 her account averaged about 1-2% in annualized unrealized/realized gains (this is obviously, way underperforming the market for that period). The money is tied up in stocks, bonds, and mutual funds and incurring all kinds of fees as well. Our rough plan is for me to move the money over to a Vanguard account after we're married and I'll manage it. If this money was not already tied up in investments, my approach would be simple -- a 3 fund portfolio consisting (i) Vanguard To...