Search found 137 matches

by Roothy
Sun Mar 29, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: Where Is The SP 500 Future
Replies: 32
Views: 3097

Re: Where Is The SP 500 Future

Young investors who are nervous like me at times this could be a great forum to keep people to stay the course. Where do you project SP 500 in the next 40 years. SP 500 3/26/2020: 2,540 3/36/2060: 10,040 That has the index doubling about every decade, which means an annualized capital gain of 7.177...
by Roothy
Sun Jan 12, 2020 3:45 pm
Forum: Investing - Theory, News & General
Topic: Best retirement calculator to demonstrate fee drag and draw down?
Replies: 12
Views: 849

Re: Best retirement calculator to demonstrate fee drag and draw down?

Cfiresim.com lets you input fees. Then you can calculate drawdown with higher vs lower fees and show her the difference.
by Roothy
Tue Nov 12, 2019 3:19 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 342
Views: 26223

Re: Will we be OK at 3% WR?

While I take your statements as your genuine beliefs, my first reaction was that you were trolling. I accept that it's just that our views on this are very, very different. I have lived in an area of notable natural beauty for almost a decade, and still don't tire of it. Almost daily I am tickled b...
by Roothy
Tue Nov 12, 2019 12:06 pm
Forum: Personal Investments
Topic: Will we be OK at 3% WR?
Replies: 342
Views: 26223

Re: Will we be OK at 3% WR?

While I take your statements as your genuine beliefs, my first reaction was that you were trolling. I accept that it's just that our views on this are very, very different. I have lived in an area of notable natural beauty for almost a decade, and still don't tire of it. Almost daily I am tickled b...
by Roothy
Wed Jun 12, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: Luxembourg--worth visiting?
Replies: 31
Views: 2790

Re: Luxembourg--worth visiting?

Well, I guess I shouldn't have expected an easy answer. :)

I think I'll make the trip, but plan to day trip away most of it.
by Roothy
Tue Jun 11, 2019 8:26 am
Forum: Personal Consumer Issues
Topic: Luxembourg--worth visiting?
Replies: 31
Views: 2790

Re: Luxembourg--worth visiting?

Thanks for the feedback, everyone. If I could extend it past five days, I would, but I can't. If they will spring for premium economy, I'll do it, damn the consequences.
by Roothy
Mon Jun 10, 2019 4:08 pm
Forum: Personal Consumer Issues
Topic: Luxembourg--worth visiting?
Replies: 31
Views: 2790

Luxembourg--worth visiting?

I have a very first world problem. I have been invited to visit Luxembourg on somewhat of a junket. But the trip would have to be short--like five days (including travel time). I live in the Midwest. When I was younger, the reason to go would have been to say I'd gone. Now, given how exhausting such...
by Roothy
Wed Jun 05, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Failed land investments and what to do with it?
Replies: 139
Views: 10259

Re: Low ball offer to buy my useless land, take it or leave it?

I'd keep it just to camp on from time to time. Hey, now that I think of it, would you take $1000 for all five pieces? ;)
by Roothy
Wed May 29, 2019 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

Re: check my thinking on Roth conversions?

Thanks, everyone. This is all very complicated, and there is much to plan!
by Roothy
Wed May 29, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

Re: check my thinking on Roth conversions?

OK--a few of you have pointed out to me, directly or indirectly, that capital gains are actually considered "income." I didn't know that. (I guess I think of income as what you get from working--though it makes sense from a fairness perspective that what you "earn" by sitting around on your booty as...
by Roothy
Wed May 29, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

Re: check my thinking on Roth conversions?

It is unclear what money you plan to live on while doing this. If you mean something like a savings account, yes, you can take money out of savings and and that is not considered income - you'd pay no tax on that. However, most people cannot do this more than a year or two. To do this for 15 years,...
by Roothy
Wed May 29, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

Re: check my thinking on Roth conversions?

You cannot convert $112k from IRA to Roth tax free. You could probably take $112k in cap gains tax free assuming no other income. I'm away from my laptop but I'll run your numbers and come up with you Federal income tax. OK--eager to hear your input, and thanks. But just to be clear--I know it woul...
by Roothy
Wed May 29, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

Re: check my thinking on Roth conversions?

Very few folks are fortunate enough to be able to create income sources that aren't taxed to support the lifestyle you suggest while performing Roth conversions at this level for 15 to 20 years. Type "Pay zero taxes in retirement" and look at past threads for discussions of how to setup income sour...
by Roothy
Wed May 29, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

Re: check my thinking on Roth conversions?

My state doesn't tax retirement income (for now), and I'm lucky enough not to have to worry about health insurance. Honestly, this seems too good to be true. It means over, say, 15-20 years an early retiree should be able to convert a huge corpus of traditional retirement accounts (lets say $1,500,0...
by Roothy
Wed May 29, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

Re: check my thinking on Roth conversions?

To simplify and generalize my question: Once you retire, before SS, your only "income" will be ordinary dividends (or short term capital gains, which you can avoid), and any money you withdraw from a traditional retirement account. (Obviously, this doesn't apply to people who have pensions.) This me...
by Roothy
Wed May 29, 2019 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: check my thinking on Roth conversions?
Replies: 28
Views: 1695

check my thinking on Roth conversions?

After I quit working, assume I can generate all the money I need to live on from my savings in my taxable accounts. Assume, too, that though I'd obviously have some dividends, they would be largely offset by banked losses from my prior tax loss harvesting (I think you can get $2000 a year offsets in...
by Roothy
Tue Apr 09, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: How Much Do You Pay For Haircut?
Replies: 115
Views: 7501

Re: How Much Do You Pay For Haircut?

Now if I could get my wife on this program, the savings would be huge! No luck so far. :D Let me know if it ever works. I am a woman who cuts her own hair. Changed my life. I use a "crea clip." It's easy, and there are lots of youtube videos. https://drive.google.com/uc?export=download&id=1RSWQedGZ...
by Roothy
Thu Jan 10, 2019 12:33 pm
Forum: Investing - Theory, News & General
Topic: Kitces - Retirement Tax Rate Equilibrium
Replies: 23
Views: 4018

Re: Kitces - Retirement Tax Rate Equilibrium

Livesoft, my guess is that it's because Kitces is at least somewhat skeptical of tax loss harvesting (one of the few areas I disagree with him). See, e.g., https://www.kitces.com/blog/is-capital-loss-harvesting-overvalued/ https://www.kitces.com/blog/evaluating-the-tax-deferral-and-tax-bracket-arbit...
by Roothy
Thu Jan 03, 2019 12:07 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 136
Views: 9055

Re: Engagement Ring (Affordable)

Know thy spouse. My now-husband surprised me with a very pretty cubic zirconium he bought on the internet for about 20 dollars. He knows me well--there are few things that would bother me more than carrying a couple of thousand dollars of dead weight on my finger, when no one but a jeweler can tell ...
by Roothy
Tue Oct 09, 2018 8:55 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 21784

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Of course. That is part of the definition of SWR as it is obviously set by the limiting years (1966 or 1929 depending on your exact definition). Is 1966-1981 the worst possible outcome? Seems unlikey. Seems like it is wholely possible for that period to stretch out another 2-5 years (or the rebound...
by Roothy
Thu Oct 04, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: Anyone tried basil tea?
Replies: 24
Views: 1845

Re: Anyone tried basil tea?

I am unable to verify that there is a limit to how much pesto one can consume.
by Roothy
Thu Aug 23, 2018 3:29 pm
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1623

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

Thanks, sixty--this is exactly what I was looking for.

(If I had enough cash to put into my settlement account to pay for the purchase without selling the VEMAX for, I'd have done so. But I like to stay fully invested! So I pretty much never have cash just lying around.)
by Roothy
Thu Aug 23, 2018 2:07 pm
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1623

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

There's only one Vanguard ETF--VWO, which is just the ETF version of VEMAX (that I am TLH-ing away from), and so it wouldn't work as a TLH partner. So I'm back to having to get a non-Vanguard TLH partner for emerging markets. Does anyone know of a way to buy a partner (either an ETF or a mutual fund...
by Roothy
Thu Aug 23, 2018 1:37 pm
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1623

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

Thanks. I've actually seen that thread. You'll notice that the only tlh partners s/he lists are iShares and Schwab.

Do you know of a Vanguard ETF for emerging markets? I have never bought an ETF and I don't really know how that would work.
by Roothy
Thu Aug 23, 2018 1:26 pm
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1623

buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

I want to sell my Vanguard Emerging Market Fund shares that show losses, and buy Fidelity's Emerging Market Fund, in order to tax loss harvest. I can see how to buy them on the Vanguard site (it will cost $20), but I can only see how to use money in my settlement fund to buy them. Is there a way to ...
by Roothy
Wed May 16, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvest Total Bond Market Fund (VBTLX)
Replies: 8
Views: 2140

Re: Tax Loss Harvest Total Bond Market Fund (VBTLX)

Fantastic. As ever, livesoft, thanks for the advice and hand holding.
by Roothy
Tue May 15, 2018 3:14 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvest Total Bond Market Fund (VBTLX)
Replies: 8
Views: 2140

Re: Tax Loss Harvest Total Bond Market Fund (VBTLX)

Cost-basis method for pre-2012 is the default, which is "average" method. The account was opened in Dec. 2010, so the vast bulk of the fund (about $101,000) was bought all at once then. These "noncovered" shares are now worth about $98,000. The balance of the account (that is, another $23,000, all "...
by Roothy
Tue May 15, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvest Total Bond Market Fund (VBTLX)
Replies: 8
Views: 2140

Re: Tax Loss Harvest Total Bond Market Fund (VBTLX)

I'm about to do this for my mom's taxable acct, and I have a question. The bulk of her shares of VBTLX were purchased before 2012. Every lot since that date shows a loss. I have asked my mom if she happens to know the actual cost basis for the shares purchased before 2012 (after that). I'm pretty su...
by Roothy
Thu Mar 29, 2018 1:49 pm
Forum: Personal Investments
Topic: Retirement Plan Sanity Check
Replies: 7
Views: 1247

Re: Retirement Plan Sanity Check

In my opinion, since your expenses are covered 100% by pension/ss/deferred income, you can do whatever you want with the rest. Indeed, your plan of 100% total stock makes the most sense to me, since you are already heavily "bond like" in your nonCOLA'd pension, and you might (might) need to make up ...
by Roothy
Tue Jan 23, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]
Replies: 37
Views: 5815

Re: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]

I am a lawyer, but I don't make my living as a lawyer, so I have no "vested interest" here. And mayhapb is 100% correct. Really, were you a tax lawyer that has argued at the appellate/SCOTUS level. If you were you would certainly know that the courts have repeatedly and constantly used congressiona...
by Roothy
Tue Jan 23, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]
Replies: 37
Views: 5815

Re: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]

I see. Can we assume that your opinion on this has no connection to how you make your living, that you have no vested interest in this issue? I am a lawyer, but I don't make my living as a lawyer, so I have no "vested interest" here. And mayhapb is 100% correct. All righty. So are you suggesting th...
by Roothy
Tue Jan 23, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]
Replies: 37
Views: 5815

Re: Backdoor Roth / step-transaction doctrine news: [Congress recognizes process]

From the article: “When Congress says what its intent is, that’s it. They absolutely, clearly say it’s okay. You can make a contribution to a nondeductible IRA and convert it to a Roth,” says CPA and IRA expert Ed Slott who publishes the IRA Advisor Newsletter. . . . The Congressional blessing came...
by Roothy
Sun Jan 14, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 95
Views: 10156

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

I'll second those that said "bail." I had to pay $10,000, cash only, to get someone out of jail. There was no way I was going to let him languish in jail for a couple of days while I liquidated holdings, etc. I called my bank to get an increase on my daily limit for ATM withdrawals, which they grant...
by Roothy
Tue Dec 05, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: service life of (walk behind) lawn mower?
Replies: 54
Views: 6958

Re: service life of (walk behind) lawn mower?

We have a small lawn/yard - single family home. A few years ago, we went to an electric rotary mower - and it served us well for many years. When it died, the timing was great because a good friend gave us an even better model because she had begun to use a lawn service a few years before. I have n...
by Roothy
Wed Nov 15, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 7412

Re: Fair way to split expenses?

All, In order to prevent future fights and difficulties with money, my wife and I have decided to have separate bank accounts and funnel money to a joint account that auto pays our bills. I would like to ask advice from those who have done anything remotely similar as to the best way to determine h...
by Roothy
Wed Nov 15, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 250
Views: 37033

Re: Why pay cash for a car?

When negotiating a price, the dealer will take into account whether you are paying cash or financing. You will pay for a below-market finance rate in the sale price of the car. I have not found this to be true at all. These days, I do all my negotiating on-line. The salesman and I settle on an out-...
by Roothy
Wed Oct 04, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 374
Views: 59192

Re: MoviePass-Too good to be true, but it's legit.

I ordered the card 8/31 and have now been waiting over a month to receive it. The roll out of the new, lower priced subscription was seriously bungled. There are some people who ordered the card almost two months ago and still haven't received it. Some others ordered it a couple of weeks ago and alr...
by Roothy
Mon Oct 02, 2017 2:41 pm
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 68
Views: 9352

Re: So... What bond fund or bond-like instrument do you use?

social security, and my house

(OK, and a little bit of Vanguard Total Bond)
by Roothy
Wed Mar 29, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18853
Views: 2636528

Re: U.S. stocks in freefall

That chart has a logarithmic y-axis. So the return advantage from all-stocks is actually quite a bit better than this looks.
by Roothy
Fri Jan 06, 2017 7:31 am
Forum: Investing - Theory, News & General
Topic: What inflation rate do you use for your planning?
Replies: 105
Views: 11214

Re: What inflation rate do you use for your planning?

As a combination of points a few have made: 1) One risk of inflation is that the income generated from your investments will be outpaced by the growth in your expenses. You can alleviate this risk by careful asset allocation to assets that grow with inflation--the higher your allocation of stocks, f...
by Roothy
Tue Dec 13, 2016 11:35 am
Forum: Personal Investments
Topic: A small new wrinkle on the old DCA vs lump sum question
Replies: 7
Views: 880

Re: A small new wrinkle on the old DCA vs lump sum question

This is all excellent advice. I was thinking 100% total stock for him because I was thinking of the $30K in savings as the bond-like portion, giving him about 75/25. He's young and has a very stable income. My own allocation is much more aggressive: 90/10, with 20% of the stocks in international (an...
by Roothy
Tue Dec 13, 2016 10:12 am
Forum: Personal Investments
Topic: A small new wrinkle on the old DCA vs lump sum question
Replies: 7
Views: 880

A small new wrinkle on the old DCA vs lump sum question

I have finally--FINALLY!!--convinced my husband to invest in the market rather than leaving it all in an (ugh) savings account. I managed to convince him by saying how sad I was to see him missing the market run up. He has about $130,000. Even though the best thing, research-wise, is unambiguously a...
by Roothy
Sun Dec 11, 2016 9:57 am
Forum: Personal Investments
Topic: Equity Placement: TLH & Tax Deferred Pointers
Replies: 5
Views: 659

Re: Equity Placement: TLH & Tax Deferred Pointers

I believe you also have to think about how those difference sources of returns will be taxed. Highly volatile asset classes (like stocks) will have a higher return--but more of the return will be taxed at the (usually much) lower capital gains tax rate. Low volatility assets (like bonds) will have a...
by Roothy
Sat Dec 10, 2016 4:34 pm
Forum: Personal Investments
Topic: combining TLH with tax-efficient allocation and reallocation to int'l funds
Replies: 8
Views: 685

Re: combining TLH with tax-efficient allocation and reallocation to int'l funds

I can avoid both problems you identify by taking his advice and just using a very different bond fund (like an intermediate bond fund). Maybe. Both of those bond funds are intermediate term bond funds. So you need to look for something other than just that. I didn't know that--I thought Total Bond ...
by Roothy
Sat Dec 10, 2016 3:39 pm
Forum: Personal Investments
Topic: combining TLH with tax-efficient allocation and reallocation to int'l funds
Replies: 8
Views: 685

Re: combining TLH with tax-efficient allocation and reallocation to int'l funds

I honestly don't know about the two total bond funds. I made an assumption that they were largely the same--but now that I think about it, it's almost impossible to imagine they could be. There are just so many different types and sources of bonds, even just in the US--could a "total" bond fund real...
by Roothy
Sat Dec 10, 2016 3:20 pm
Forum: Personal Investments
Topic: combining TLH with tax-efficient allocation and reallocation to int'l funds
Replies: 8
Views: 685

Re: combining TLH with tax-efficient allocation and reallocation to int'l funds

I know I could count on you, livesoft! Thanks! I'm actually considering switching to an intermediate term bond fund anyway, as per some folks' recommendation (e.g. Bogle and Buffet), so I think I'll just buy that in the tax advantaged account. With livesoft's blessing, I definitely feel I can procee...
by Roothy
Sat Dec 10, 2016 2:56 pm
Forum: Personal Investments
Topic: combining TLH with tax-efficient allocation and reallocation to int'l funds
Replies: 8
Views: 685

combining TLH with tax-efficient allocation and reallocation to int'l funds

I am pretty sure what I am proposing to do is very sensible, but I'd appreciate a kind pat on the hand of reassurance before I act. I currently have a large chunk of Vanguard Total Bond fund in my taxable account. It currently registers a short term loss of a few hundred dollars. My plan is to sell ...
by Roothy
Fri Sep 09, 2016 3:16 pm
Forum: US Chapters
Topic: 2016 Annual Conference Bogleheads Vegans & Vegetarians
Replies: 5
Views: 1573

Re: 2016 Annual Conference Bogleheads Vegans & Vegetarians

I've no intention of going to this conference, but I am a long time vegan, and last time I was in Philly, I went to [name removed, see below. --admin LadyGeek] . It is a vegan restaurant, and many argue it is the best restaurant in town (not just "best vegan restaurant", but best restaurant) and it ...