Search found 1834 matches

by Electron
Fri Apr 19, 2019 12:32 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 62
Views: 4408

Re: Car Battery

Now the battery is completely dead and not even a Noco Genius GB40 (12V, 1000 A) can revive it. A Lithium Ion Jump Starter will have limitations with a fully discharged car battery. The battery may be recoverable if you have access to a good quality battery charger. Note that a full charge can take...
by Electron
Thu Apr 18, 2019 6:31 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 62
Views: 4408

Re: Car Battery

Their logic is actually not terribly complicated. They basically check the battery voltage. Full featured models like the Battery Tenders will maintain a fixed charge rate when the voltage is below a certain level in order to speed the charging. When it hits a certain voltage, they maintain that vo...
by Electron
Wed Apr 17, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 62
Views: 4408

Re: Car Battery

Deltran is also pretty well-regarded, as far as I know, and their Battery Tender brand actually are maintainers, not dumb trickle chargers. They run a standard constant current (bulk) phase, constant voltage topping (absorption) phase, and also a reduced constant voltage (float) phase. I learned re...
by Electron
Tue Apr 16, 2019 5:36 pm
Forum: Personal Investments
Topic: Performance Returns
Replies: 3
Views: 570

Re: Performance Returns

If correct, to do the 3-Year and 5-Year, this process is repeated for EACH year from the calendar dates back 3 years and 5 years then the average taken for those 3 and 5 year data points? If the statement is showing historical fund returns, they typically show compound annual returns and also assum...
by Electron
Mon Apr 15, 2019 4:48 pm
Forum: Personal Investments
Topic: Wellesley Income fund Admiral
Replies: 17
Views: 2601

Re: Wellesley Income fund Admiral

Ritzola wrote:
Sun Apr 14, 2019 5:00 pm
Any suggestions for index funds that would mirror the Wellesley fund?
Here is a recent thread that might be of interest.

viewtopic.php?f=10&t=275852
by Electron
Thu Apr 11, 2019 5:07 pm
Forum: Personal Investments
Topic: GE Wabco Merger
Replies: 29
Views: 3958

Re: GE Wabco Merger

i don't believe schwab is correct on this, it is my understanding "cash in lieu" is treated as a sale and will be reported on your 1099, you will either have a capital gain or loss on this transaction. I found an article with some information on this subject. https://www.fool.com/knowledge-center/h...
by Electron
Thu Apr 11, 2019 1:58 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 14859

Re: Indexing beats Wellington and Wellesley right?

What is the purpose of comparing the investment performance of two balanced funds, both of which have major allocations to historically lower performing bonds, to a pure equity index? The chart was provided only as a historical reference that might be of interest to some readers. The S&P 500 Total ...
by Electron
Mon Apr 08, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 14859

Re: Indexing beats Wellington and Wellesley right?

Here is a Morningstar chart showing the full history of Wellesley Income Fund along with Wellington and the S&P 500 Total Return Index. The start date is 7-01-70. http://quotes.morningstar.com/chart/fund/chart?t=VWINX®ion=usa&culture=en-US&dataParams=%7B%22zoomKey%22%3A10%2C%22version%22%3A%22US%...
by Electron
Sat Apr 06, 2019 5:00 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 14859

Re: Indexing beats Wellington and Wellesley right?

Here is a very surprising comparison in Portfolio Visualizer showing Wellesley Income, Wellington, and Vanguard 500 Index. The start date is July 2000. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2000&firstMonth=7&endYear=2019&lastMonth=3&calendarAligned=true&en...
by Electron
Fri Apr 05, 2019 1:49 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 14859

Re: Indexing beats Wellington and Wellesley right?

Are you sure Wellesley held up in 2008/9? Here is a Portfolio Visualizer Analysis showing Wellesley Income, Wellington, and Vanguard Balanced Index from 2006-2012. The top performing fund for the period might surprise you. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&star...
by Electron
Thu Apr 04, 2019 3:03 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 101
Views: 14859

Re: Indexing beats Wellington and Wellesley right?

Wellington Management has added value with security selection, sector overweights and underweights, and bond duration management across the yield curve. The equity and fixed income percentages can vary by five percentage points for Wellesley and ten percentage points for Wellington. Rebalancing appe...
by Electron
Sun Mar 31, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Net Investment Income Tax and SALT deduction cap
Replies: 39
Views: 3742

Re: Net Investment Income Tax and SALT deduction cap

it's confusing still to me cause the SALT limitation means that State and local income AND property taxes are limited to $10k. but form 8960 line 9b refers to state INCOME taxes only. Here is a post on the Fairmark forum with a detailed explanation. https://fairmark.com/forum/topic/net-investment-i...
by Electron
Fri Mar 29, 2019 2:12 pm
Forum: Personal Investments
Topic: The IRA Lightbulb just went on
Replies: 28
Views: 3860

Re: The IRA Lightbulb just went on

The Wiki has quite a bit of information on ETFs versus Mutual Funds. I personally prefer the Mutual Fund which is always bought and sold at NAV. In addition, I don't have to concern myself with the financial strength of the brokerage firm holding the security. https://www.bogleheads.org/wiki/ETFs_vs...
by Electron
Thu Mar 28, 2019 1:51 pm
Forum: Personal Investments
Topic: The IRA Lightbulb just went on
Replies: 28
Views: 3860

Re: The IRA Lightbulb just went on

Then came 2008. I sold the fund at a loss and reinvested in an equivalent index fund. The value came back, I still have some of the tax loss carryover to use, and the distributions are much lower. Win, win, win. :moneybag Excellent move. The actively managed fund recommendations in various publicat...
by Electron
Wed Mar 27, 2019 4:09 pm
Forum: Personal Investments
Topic: The IRA Lightbulb just went on
Replies: 28
Views: 3860

Re: The IRA Lightbulb just went on

I'd suggest reviewing all actively managed stock funds held in taxable accounts. Take a look at the size of recent distributions and also any capital gains that would be realized on sale of the fund. You'll need the most recent cost basis for each fund. You can then think about upgrading to more tax...
by Electron
Tue Mar 26, 2019 4:22 pm
Forum: Personal Investments
Topic: The IRA Lightbulb just went on
Replies: 28
Views: 3860

Re: The IRA Lightbulb just went on

It feels like right now, my investments will be needed to pay for my investments because of taxes! Has anyone else been in this situation? I was in the same situation this year with Investment Income (including large capital gains distributions), Social Security, and RMDs. Taxes are always paid fro...
by Electron
Tue Mar 26, 2019 1:25 pm
Forum: Personal Investments
Topic: Stable price, high yield?
Replies: 28
Views: 1498

Re: Stable price, high yield?

In terms of diversification, it would be better to use a conservative Balanced Fund instead of concentrating in one sector. One could use Vanguard Wellesely Income or Wellington and take all quarterly distributions in cash. In addition, your account could be set up to withdraw a fixed dollar amount ...
by Electron
Fri Mar 22, 2019 1:41 pm
Forum: Personal Investments
Topic: Stable price, high yield?
Replies: 28
Views: 1498

Re: Stable price, high yield?

Note that DNP is a leveraged fund. Should I be worried about that? Leverage would magnify returns in both up and down markets. I don't think the price of the fund can be considered stable. Look at the price range from 2007 through 2009. It looks like a nearly 50% decline from high to low. If DNP is...
by Electron
Thu Mar 21, 2019 5:58 pm
Forum: Personal Investments
Topic: Stable price, high yield?
Replies: 28
Views: 1498

Re: Stable price, high yield?

DNP appears to have what is called a Managed Distribution Policy. Take a look at the Distributions tab.

Managed Distribution means that the fund pays out a fixed amount which may include Return of Capital (ROC).

https://www.cefconnect.com/fund/DNP
by Electron
Thu Mar 21, 2019 5:40 pm
Forum: Personal Investments
Topic: Stable price, high yield?
Replies: 28
Views: 1498

Re: Stable price, high yield?

CEF Connect is a good site for information on Closed End Funds. Note that DNP is a leveraged fund. The fund is currently trading at a 16% premium to NAV. https://www.cefconnect.com/fund/DNP Here is a chart from Morningstar comparing DNP with Vanguard Wellesley Income Fund. If you change the time sca...
by Electron
Wed Mar 20, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: Fairmark Forum (Tax Forum)
Replies: 23
Views: 2380

Re: Fairmark Forum (Tax Forum)

I have tried to get into Fairmark this week with no success at all. Could neither use the old password, reset the password to my old account, nor create a new account. The web page has no obvious link for help / assistance. It might be worth trying a different web browser. You could also try a new ...
by Electron
Fri Mar 15, 2019 12:36 pm
Forum: Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 299
Views: 44888

Re: Vanguard Municipal Money Market VMSXX 1.39%

Vanguard Federal Money Market fund may be a good alternative to Vanguard Treasury Money Market for those in high tax states. In 2018 77.79% of income was from U.S. Government Securities. It remains the Vanguard Money Market Fund with the second highest after-tax return for my case. It's interesting ...
by Electron
Sat Mar 02, 2019 2:14 pm
Forum: Personal Investments
Topic: GE Wabco Merger
Replies: 29
Views: 3958

Re: GE Wabco Merger

Here is a very informative article about the merger of Wabtec and GE Transportation. The new company will now be included in the Fortune 500. https://finance.yahoo.com/m/2117508c-ccda-3362-bd7b-4a213ba2a1df/here%26%2339%3Bs-what-buying-ge.html "The deal, first announced in May 2018, combines Wilmerd...
by Electron
Fri Mar 01, 2019 6:17 pm
Forum: Personal Investments
Topic: GE Wabco Merger
Replies: 29
Views: 3958

Re: GE Wabco Merger

I also hold shares in GE and now have 5.000 shares of Wabtec with cost basis listed as $75.38 per share. Does anyone know what happened with the fractional shares? My account provides no information other than the credit of the 5.000 shares of Wabtec. I also don't see any information that it was a t...
by Electron
Fri Mar 01, 2019 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Form 2210 Schedule AI fillable PDF 'misprint'?
Replies: 9
Views: 527

Re: Form 2210 Schedule AI fillable PDF 'misprint'?

I do not see the numbers using Windows 7 and Firefox.

However, if I download the same form and open with Adobe Acrobat, the numbers are there.
by Electron
Tue Feb 26, 2019 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?
Replies: 7
Views: 473

Re: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?

Completing AMT Form 1116 could increase or decrease the carryover balance. The 2018 Foreign Tax paid would be added to the 2017 carryover balance before filling out the rest of the form. I agree that AMT Form 1116 would not need to be filed this year. The statement about calculating the AMT Foreign ...
by Electron
Mon Feb 25, 2019 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?
Replies: 7
Views: 473

Re: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?

Here is some additional information that might be of interest. http://www.mytaxhouse.com/?p=740 "Even if no AMT is due, you will still need to calculate the AMT foreign tax credit for carryback and carryover purposes." That sounds very reasonable and if correct may answer some of our questions. The ...
by Electron
Mon Feb 25, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?
Replies: 7
Views: 473

Re: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?

I don't know the answers to those questions but will pass along a few thoughts. It does look like an expert opinion is needed. In the typical case, the maximum allowed Foreign Tax Credit is different on Form 1116 and AMT Form 1116. That would imply that the carryovers are different from year to year...
by Electron
Sun Feb 24, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?
Replies: 7
Views: 473

Re: Alternative Minimum Tax Foreign Tax Carryovers When Not Subject To Amt?

The Fairmark Forum might be a help with your questions if there are no additional replies. https://fairmark.com/forum/ I will make an attempt at answering your questions with my limited experience in this area. The Form 6251 Instructions do indicate when Form 6251 must be filed and I don't believe a...
by Electron
Sun Feb 17, 2019 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Form 8960 (Net Investment Income Tax)
Replies: 10
Views: 3874

Re: Form 8960 (Net Investment Income Tax)

There is a thread in the Fairmark forum that addresses this subject.

https://fairmark.com/forum/topic/net-in ... ome-tax-2/
by Electron
Sun Feb 17, 2019 3:47 pm
Forum: Investing - Theory, News & General
Topic: Wellesley’s Secret Sauce to Remain Secret
Replies: 22
Views: 3660

Re: Wellesley’s Secret Sauce to Remain Secret

If there is a secret sauce, it is more than just security selection. The annual reports, online profile, and prospectus all provide helpful information. The annual reports typically mention equity selection successes, shortfalls, and various sector overweights and underweights. Bond duration may be ...
by Electron
Fri Feb 15, 2019 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Form 8960 (Net Investment Income Tax)
Replies: 10
Views: 3874

Re: Form 8960 (Net Investment Income Tax)

I realize that this thread is from 2014, but it appears that some of the same questions remain for 2018. In particular, I'm wondering how others are handling the state and local tax deduction on Form 8960 Line 9b. This includes the issue of the Standard Deduction that is now replacing Itemized Deduc...
by Electron
Fri Feb 15, 2019 2:58 pm
Forum: Investing - Theory, News & General
Topic: Wellesley’s Secret Sauce to Remain Secret
Replies: 22
Views: 3660

Re: Wellesley’s Secret Sauce to Remain Secret

The list of portfolio managers has changed over time so we don't know if the methodology has also changed. W. Michael Reckmeyer, III is the current Equity Portfolio Manager and has advised the fund since 2007. Note also that lead Fixed Income Manager John Keogh will retire from Wellington Management...
by Electron
Wed Feb 13, 2019 5:23 pm
Forum: Personal Investments
Topic: Wellington & Wellesley Funds
Replies: 20
Views: 3501

Re: Wellington & Wellesley Funds

Wellesley Income Fund and Wellington Fund have both performed very well over the years despite many changes in Portfolio Management. There will be another change in June as lead Fixed Income Manager John Keogh retires from Wellington Management. https://citywireusa.com/professional-buyer/news/wellin...
by Electron
Thu Feb 07, 2019 1:20 pm
Forum: Personal Investments
Topic: Fund for RMD.
Replies: 9
Views: 753

Re: Fund for RMD.

Yes thank you saw that while looking at turn over rates as mentioned may convert that entire holding to T Stk. I'd suggest checking your latest cost basis on the investment and calculating the capital gains exposure. If you do decide to sell note that any market decline can reduce capital gains or ...
by Electron
Wed Feb 06, 2019 4:14 pm
Forum: Personal Investments
Topic: Fund for RMD.
Replies: 9
Views: 753

Re: Fund for RMD.

Vanguard Dividend Growth distributed Short Term and Long Term Capital Gains in 2018.

https://investor.vanguard.com/mutual-fu ... ions/vdigx

Vanguard Total Stock Market has only been paying out dividends and would be more tax efficient.
by Electron
Sun Feb 03, 2019 1:16 pm
Forum: Investing - Theory, News & General
Topic: Worst December...Best January
Replies: 29
Views: 3713

Re: Worst December...Best January

Corgitodd wrote:
Sun Feb 03, 2019 9:16 am
Interesting, I thought it would have done better, along the lines of Primecap.
The Large Cap Growth Index Fund did outperform Primecap over the two month period. My earlier post showed Primecap at -2.44%. The funds with a positive return had a plus sign in front of the number.
by Electron
Sat Feb 02, 2019 5:20 pm
Forum: Investing - Theory, News & General
Topic: Worst December...Best January
Replies: 29
Views: 3713

Re: Worst December...Best January

Corgitodd wrote:
Sat Feb 02, 2019 3:56 pm
Didn't list Growth Index Fund
Morningstar shows VIGAX almost flat for the two months with just a tiny fractional percentage loss.
by Electron
Sat Feb 02, 2019 3:24 pm
Forum: Investing - Theory, News & General
Topic: Worst December...Best January
Replies: 29
Views: 3713

Re: Worst December...Best January

The strong January is being mentioned everywhere, but the two month returns are a different story and quite interesting. Over the two month period, stock funds are typically showing small losses, while bond funds and International stock funds are showing gains. Vanguard Total Stock Market Index Fund...
by Electron
Sun Jan 27, 2019 2:44 pm
Forum: Investing - Theory, News & General
Topic: One of the wasatch funds just returned 30%
Replies: 8
Views: 1146

Re: One of the wasatch funds just returned 30%

This is why owning many (most) actively managed funds in a taxable account is a really bad idea. Note also that the problem is compounded if many investors are leaving a fund resulting in a significant decline in assets. In this case, realized capital gains have to be distributed across a shrinking...
by Electron
Sat Jan 26, 2019 3:55 pm
Forum: Investing - Theory, News & General
Topic: One of the wasatch funds just returned 30%
Replies: 8
Views: 1146

Re: One of the wasatch funds just returned 30%

Harbor International (HAINX) paid a distribution close to 40% of NAV in December. This was caused by large fund outflows over a period of time as a result of disappointing performance and the loss of a key portfolio manager. Fund assets have come down from over $45B in 2014 to $7.9B today. In additi...
by Electron
Mon Jan 21, 2019 2:15 pm
Forum: Personal Investments
Topic: 401K Rollover to IRA - Third Party Provider
Replies: 20
Views: 6120

Re: 401K Rollover to IRA - Third Party Provider

We just went through this last month with wife's 401K. Online, inside her 401K, Rollover Central was offered free of charge. Great to hear about the success with your rollover. I completed my rollover a few months after the start of this thread. Everything was done online and checks were mailed dir...
by Electron
Fri Jan 11, 2019 2:40 pm
Forum: Personal Investments
Topic: state income tax on VMMXX interest
Replies: 13
Views: 1082

Re: state income tax on VMMXX interest

Take a look at the instructions for California Schedule CA (540). "Certain mutual funds pay “exempt-interest dividends.” If the mutual fund has at least 50% of its assets invested in tax-exempt U.S. obligations and/or in California or its municipal obligations, that amount of dividend is exempt from...
by Electron
Tue Jan 08, 2019 5:46 pm
Forum: Personal Investments
Topic: How exactly does Vanguard's RMD service work? Rebalancing?
Replies: 71
Views: 10982

Re: How exactly does Vanguard's RMD service work? Rebalancing?

The issue was raised about what happens with the Automatic RMD if changes are made to any of the IRA mutual fund holdings. I'm happy to report that there are checks in the system to handle this situation. My Automatic RMD was set up and displayed as On Track for distribution during calendar year 201...
by Electron
Sat Dec 29, 2018 6:51 pm
Forum: Personal Investments
Topic: High Yield bond funds
Replies: 6
Views: 801

Re: High Yield bond funds

You might find this thread from March 2008 quite interesting. Rick Ferri made a projection of 7.2% for future returns in the fund. The actual return ten years later turned out to be 6.91%. https://www.bogleheads.org/forum/viewtopic.php?p=179926#p179926 It is interesting to read the thread in the con...
by Electron
Mon Dec 24, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Taxes w/Large Q4 Income
Replies: 8
Views: 940

Re: Estimated Taxes w/Large Q4 Income

I don't believe any of the tax programs fully complete Form 2210 Schedule AI. TaxAct and TurboTax both appear to require manual completion of the form. TaxAct might be a nice tool for this and it is fairly easy to learn. All tax forms may be viewed but not printed in the free version. This link indi...
by Electron
Sun Dec 23, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Taxes w/Large Q4 Income
Replies: 8
Views: 940

Re: Estimated Taxes w/Large Q4 Income

I looked at your case in my spreadsheet with interesting results. You should be fine if the additional December income is fairly modest. If the additional income is somewhat higher, you may be able to increase your January payment and file Form 2210 without penalty. However, I also saw a case where ...
by Electron
Sat Dec 22, 2018 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated Taxes w/Large Q4 Income
Replies: 8
Views: 940

Re: Estimated Taxes w/Large Q4 Income

It might be worth calculating the Form 2210 Short Method penalty in Part III in case the amount is small. In that case you could make four equal estimated payments and avoid use of Form 2210 Schedule AI and any state equivalent. Completing all forms and worksheets for both Federal and State is quite...
by Electron
Mon Dec 17, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard High Yield Corporate - Another New Low in Dividend
Replies: 20
Views: 5599

Re: Vanguard High Yield Corporate - Another New Low in Dividend

Attached is an updated chart showing the continued recovery in the dividend. January marked the low point so far and the dividend has turned up to a modest degree. https://i.postimg.cc/TYKLHxF2/VWEHX-2002.png Here are two very interesting articles about the high yield bond market. The first article ...
by Electron
Sat Dec 15, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: Where do the losses in HY show up? [High Yield bonds]
Replies: 63
Views: 5254

Re: Where do the losses in HY show up? [High Yield bonds]

Here is a very interesting article about Michael Milken and junk bonds published in November 1990. Note the comment about the quality of junk bonds issued in the early 1980s being superior to those issued later. https://www.nytimes.com/1990/11/22/business/the-milken-sentence-the-breakdown-of-junk.ht...