Search found 435 matches

by PhysicianOnFIRE
Wed Jan 16, 2019 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Why is my fund balance lower than my cost basis?
Replies: 3
Views: 468

Re: Why is my fund balance lower than my cost basis?

I purchased shares of Fidelity's S&P 500 Index fund (FXAIX) between May 2014 and December 2016 for an average price between $70 and $80. Today's share price is $90.76. Why is my current cost basis for this fund higher than the account balance? Thank you! Set your cost basis to show individual lots....
by PhysicianOnFIRE
Sun Jan 13, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle? Passive Income?
Replies: 71
Views: 8340

Re: Side Hustle? Passive Income?

Blogging. It's active income, at least the way I do it, but I prefer it to my other day/night job. More fun, less stress. :beer -PoF PoF, Would you mind sharing how much money one can expect to make off of blogging? Thanks! I've seen a breakdown before. >90% earn < $10,000 a year. The top few perce...
by PhysicianOnFIRE
Sun Jan 13, 2019 4:34 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 156
Views: 12079

Re: Around 43K in dividends last year - feel good about it ?

One common argument put forth by dividend enthusiasts is that you never have to sell shares when they're down. I've argued that you're effectively forced to sell shares when down whenever a dividend is paid in a down market. And if the company never lowers its dividend, you're effectively selling a...
by PhysicianOnFIRE
Sun Jan 13, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle? Passive Income?
Replies: 71
Views: 8340

Re: Side Hustle? Passive Income?

Blogging.

It's active income, at least the way I do it, but I prefer it to my other day/night job. More fun, less stress.

:beer
-PoF
by PhysicianOnFIRE
Sun Jan 13, 2019 2:01 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 156
Views: 12079

Re: Around 43K in dividends last year - feel good about it ?

One common argument put forth by dividend enthusiasts is that you never have to sell shares when they're down. I've argued that you're effectively forced to sell shares when down whenever a dividend is paid in a down market. And if the company never lowers its dividend, you're effectively selling a...
by PhysicianOnFIRE
Fri Jan 11, 2019 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) Question
Replies: 7
Views: 569

Re: Tax Loss Harvest (TLH) Question

Hello Bogleheads. I have a question regarding tax loss harvesting. I had tax loss harvested twice during November-December 2018. The first time I harvested losses I made the following trades: Sold all shares of Vanguard Total Stock Market Index Fund and bought Vanguard Large Cap Index Fund Sold all...
by PhysicianOnFIRE
Fri Jan 11, 2019 11:26 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 156
Views: 12079

Re: Around 43K in dividends last year - feel good about it ?

If you don't have other sources of income to live on than your investments a case could be made that you came out ahead because you didn't have to sell stock shares in December at their lowest prices to pay your bills. An argument could be made that the fund managers and companies sold stock shares...
by PhysicianOnFIRE
Mon Jan 07, 2019 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Great Examples of IPS?
Replies: 6
Views: 554

Re: Great Examples of IPS?

Mine is due for an update, but this is the most recent revision (red text represents changes from previous):

Image

:beer
-PoF
by PhysicianOnFIRE
Thu Jan 03, 2019 10:49 am
Forum: Personal Consumer Issues
Topic: Snow Plowing
Replies: 54
Views: 2496

Re: Snow Plowing

On my 13th year with a Craftsman 26" snowblower. Used it for three-car garage driveways plus sidewalks and sometimes neighbors' driveways in northern MI, SD, and northern Michigan. If the wind isn't blowing too much, I enjoy it.

:beer
-PoF
by PhysicianOnFIRE
Sat Dec 29, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Thank you PhysicianOnFire, It was useful even at fidelity. Total Stock Market / S&P 500 / Large Cap Index FZROX, FXAIX, FNILX Total International / All-World Ex-US / Developed Market FTIHX, FZILX/FSGGX, FSPSX Small Cap Index / Mid Cap Index / Extended Market FSSNX, FSMDX, FSMAX https://www.fidelity...
by PhysicianOnFIRE
Sat Dec 29, 2018 9:09 am
Forum: Investing - Theory, News & General
Topic: Fidelity beating vanguard now? switch to Fidelity?
Replies: 25
Views: 2513

Re: Fidelity beating vanguard now? switch to Fidelity?

Vanguard's mutual funds are more tax-efficient . If you're investing in taxable, not only would you take a capital gains hit to sell Vanguard funds, but the Fidelity funds would likely underperform. In tax-advantaged accounts, if performance is identical, you could potentially save $400 per $1,000,0...
by PhysicianOnFIRE
Fri Dec 28, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Quick TLH check
Replies: 8
Views: 285

Re: Quick TLH check

I'll jump in and say that the potential wash from a $1,400 stake in VOO is likely to be minimal. If the December dividend of about $7 was reinvested, you'll have a tiny partial wash sale if you were to TLH from VTSAX to VFIAX. I'm assuming you didn't purchase a substantial portion of the VOO in Dece...
by PhysicianOnFIRE
Wed Dec 26, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Thank you. Reason I asked to see if any one has experience doing TLH with TIAA-CREF is (1) "Currently, TIAA doesn’t offer tax-loss harvesting." https://smartasset.com/financial-advisor/TIAA-Personal-Portfolio-Review (2) TLH is available only for those who select Client Preference as mentioned in "A...
by PhysicianOnFIRE
Wed Dec 26, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Please help with first TLH [Tax Loss Harvesting]
Replies: 8
Views: 678

Re: Please help with first TLH

Now that I think about it, I may just sell all shares in my taxable account, since I started buying in taxable 6/27/2016. I only have 6 lots with a gain. All of these long term gains only add up to a few hundred dollars. Meanwhile, the losses add up to many thousands of dollars. So should I just se...
by PhysicianOnFIRE
Wed Dec 26, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: TLH question from a novice [Tax Loss Harvesting]
Replies: 5
Views: 517

Re: TLH question from a novice [Tax Loss Harvesting]

Yes. You are wise to use VLCAX as I see two S&P 500 Funds held elsewhere.

Happy Harvesting! :beer
-PoF
by PhysicianOnFIRE
Wed Dec 26, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Last day of TLH for Year 2018
Replies: 9
Views: 1320

Re: Last day of TLH for Year 2018

Is Dec. 31 the last day of TLH for year 2018? If the market goes down further on Dec. 31, should I harvest more loss for this year? I have a lot Cap gain distribution this year from active funds. Short answers. Yes and yes. So it is the Trade Date that matters, not the settlement date. Thanks. A be...
by PhysicianOnFIRE
Wed Dec 26, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: TLH within my Taxable account [Tax Loss Harvesting]
Replies: 10
Views: 679

Re: TLH within my Taxable account [Tax Loss Harvesting]

Thanks for the reply livesoft. I had learned #4 below the hard way years ago, and knew #1 and also #3 (although that only works if you are selling the last lot purchased, so stopping or delaying the next investment would work. I didn't quite know #2 and it makes sense. I rarely sell from this accou...
by PhysicianOnFIRE
Wed Dec 26, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you !! and TLH question [Tax Loss Harvesting]
Replies: 2
Views: 237

Re: Thank you !! and TLH question [Tax Loss Harvesting]

As long as the potentially offending dividend reinvestments are in funds that mirror different indices than VTSAX and VTIAX, and it appears that they are, most here would agree that you should be OK. The IRS has not formally defined "substantially identical." There are varying opinions on whether or...
by PhysicianOnFIRE
Wed Dec 26, 2018 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Bogleheads: The Physician on Fire website alerted me to this excellent step-by-step guide written by Vanguard about Tax-Loss Harvesting: Tax Loss Harvesting with Vanguard: A Step by Step Guide Best wishes. Taylor Many thanks for posting this. Please guide if there is a similar tutorial on how to do...
by PhysicianOnFIRE
Tue Dec 25, 2018 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Partners to Avoid Wash Sale
Replies: 6
Views: 601

Re: Tax Loss Harvesting Partners to Avoid Wash Sale

fuquan wrote:
Tue Dec 25, 2018 3:41 pm
Any suggestions for what to move into if you get to the end of your US progression within 30 days (VTSAX > VLCAX > VFIAX) and want to TLH once more?
VTCLX (Vanguard Tax-Managed Capital Appreciation Fund) is a decent fourth fund.
by PhysicianOnFIRE
Sun Dec 23, 2018 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Yet another TLH Question
Replies: 5
Views: 473

Re: Yet another TLH Question

Hello, and Thanks for any input. I need to sell some Wellington and some Wellesley to harvest some tax losses, I'd like to buy Balanced Index for at least the 31 days, would this fund be substantially the same as either of the funds I am selling and constitute a wash sale? Thanks Again You're very ...
by PhysicianOnFIRE
Sun Dec 23, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed on on 2 TLH questions
Replies: 4
Views: 319

Re: Advice needed on on 2 TLH questions

1. Either way is fine. It's up to you whether you value simplicity vs. exactly following an index. Suggest you chart VFIAX vs. VTSAX to see the difference over the years. Thanks. I did run some charts and the 80/20 combo tracks closer to Total Stock market. I guess that’s my answer. :D 2. Correct. ...
by PhysicianOnFIRE
Sun Dec 23, 2018 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Selling fund after dividend date with TLH
Replies: 4
Views: 505

Re: Selling fund after dividend date with TLH

Based on what @mhalley shared, I would definitely get out of that fund even it were slightly positive. It's expensive and clearly tax-inefficient.

:beer
-PoF
by PhysicianOnFIRE
Sun Dec 23, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Does anybody not TLH due to slightly different returns?
Replies: 26
Views: 1084

Re: Does anybody not TLH due to slightly different returns?

That last rhetorical question has a ring of truth to it. Also, you're assuming no state or local income tax. You're also assuming TDG will never be in the 0% capital gains bracket ($78,750 of taxable income MFJ in 2019), will never donate appreciated assets, and will never pass on funds from a taxab...
by PhysicianOnFIRE
Sun Dec 23, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Tax Loss Harvesting Partners
Replies: 5
Views: 375

Re: Fidelity Tax Loss Harvesting Partners

I harvested losses in both today. I used the No Fee ZERO funds that follow proprietary indices by Fidelity. I consider that good enough to not be considered substantially identical FKSAX to FZROX. FTIHX to FZILX. I took screenshots throughout and will be publishing a tutorial on Christmas day. :beer...
by PhysicianOnFIRE
Sat Dec 22, 2018 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Virgin TLH
Replies: 6
Views: 552

Re: Virgin TLH

Good morning, Livesoft-thank you for your prompt response. It sounds like SpecID is not retroactive. Could you please help me understand why you recommend against selling the VFIAX? Am I incorrect in thinking that I could cancel out the gains from that with the losses in VTSAX? Cheers- mc2 Specific...
by PhysicianOnFIRE
Sat Dec 22, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: confirm TLH steps
Replies: 30
Views: 1471

Re: confirm TLH steps

If the market rebounds in the next 30 days, any benefit gained from TLH could be more than offset by the opportunity cost of holding cash for a month. I recommend exchanging into a similar (but not substantially identical) fund immediately, so you don't take a minute out of the market. If you've alr...
by PhysicianOnFIRE
Sat Dec 22, 2018 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: TLH for VTIAX - 21K Loss [Tax Loss Harvesting for Vanguard Total Int'l]
Replies: 15
Views: 1081

Re: TLH for VTIAX - 21K Loss

Just to be sure, the tiny fractional dividend on 12/21 corrupts the whole thing and there's no point in trying TLH before the end of the year? Does the 12/21/18 VTIAX dividend count as a replacement purchase within 30 days before and after a sale? It's not a "replacement" in whole, but might be in ...
by PhysicianOnFIRE
Sat Dec 22, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to tax loss harvest?
Replies: 20
Views: 1778

Re: How to tax loss harvest?

I have not seen it mentioned in the article link from Physician on Fire site, but please be aware that IRAs, whether traditional or Roth, should be included when considering tax loss harvesting. Meaning you cannot be selling something in your taxable brokerage account to TLH, but buy the same funds...
by PhysicianOnFIRE
Wed Nov 28, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Quit Bothering with Backdoor Roth and/or IRA?
Replies: 20
Views: 2578

Re: Should I Quit Bothering with Backdoor Roth and/or IRA?

POF had a post about how backdoor Roth was not worth the hassle if you had to jump through some hoops to do it. He discusses how a backdoor saves a tax drag of about .5% on a very small portion of your portfolio. About $50-$100 a year. . If you’re married and doing this with $11,000 per year, the s...
by PhysicianOnFIRE
Mon Nov 19, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Am I understanding this right about DAFs? If so...wow
Replies: 33
Views: 4004

Re: Am I understanding this right about DAFs? If so...wow

Galaga, Your concept is correct but I'm not sure about your math. Make sure you're calculating your marginal investment tax correctly. You're probably not paying 20% capital gains tax on the entire amount, but you're probably subject to the 3.8% NIIT. Likewise, are you figuring in your state income...
by PhysicianOnFIRE
Tue Oct 30, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Bogleheads: The Physician on Fire website alerted me to this excellent step-by-step guide written by Vanguard about Tax-Loss Harvesting: Tax Loss Harvesting with Vanguard: A Step by Step Guide Best wishes. Taylor Very informative. It follows what I've tried to do. One question: is it truly possible...
by PhysicianOnFIRE
Sun Oct 28, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard thinks I have a wash sale. Do I?
Replies: 41
Views: 4585

Re: Vanguard thinks I have a wash sale. Do I?

I don't see any replacement shares purchased in any 61-day window. I'm guessing it's a computer algorithm that needs some fine-tuning. Your transactions look legit to me -- no wash sale.

:beer
-PoF
by PhysicianOnFIRE
Sun Oct 28, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Bogleheads: The Physician on Fire website alerted me to this excellent step-by-step guide written by Vanguard about Tax-Loss Harvesting: Tax Loss Harvesting with Vanguard: A Step by Step Guide Best wishes. Taylor Very informative. It follows what I've tried to do. One question: is it truly possible...
by PhysicianOnFIRE
Sun Oct 28, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Someone please help me with this. Are these exchanges allowable to trigger TLH (regardless AA): 1. Emerging Market Index -> FTSE All-World ex-US Index Admiral 2. Total International Index -> S&P 500 Index I wanted to exchange #2 to total US Index. But I plan to add more to that fund (Total US Index...
by PhysicianOnFIRE
Sat Oct 27, 2018 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Someone please help me with this. Are these exchanges allowable to trigger TLH (regardless AA): 1. Emerging Market Index -> FTSE All-World ex-US Index Admiral 2. Total International Index -> S&P 500 Index I wanted to exchange #2 to total US Index. But I plan to add more to that fund (Total US Index...
by PhysicianOnFIRE
Thu Oct 25, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

I'd like to sell VTIAX in my taxable account. I automatically reinvested dividends for VTIAX in my RothIRA on 9/25. 1) This means the earliest I can sell VTIAX in my taxable for TLH is 10/26, is that right? 2) Do you think VFWAX is "substantially unidentical" enough from VTIAX for TLH? 1) Not exact...
by PhysicianOnFIRE
Wed Oct 24, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Playing with FIRE(Financial Independence) documentary trailer.
Replies: 35
Views: 5521

Re: Playing with FIRE(Financial Independence) documentary trailer.

For those of you who don't know me yet, I've been retired from the military for over 16 years and I donate all of my writing revenue to military-friendly charities. FYI - Nords has assisted with, and is listed in, this wiki article: Military finances (Further reading) I can vouch for Nords. A highl...
by PhysicianOnFIRE
Mon Oct 22, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Playing with FIRE(Financial Independence) documentary trailer.
Replies: 35
Views: 5521

Re: Playing with FIRE(Financial Independence) documentary trailer.

JoMoney wrote:
Mon Oct 22, 2018 2:01 pm
I would likely watch, if it was cheap/included on a service I already use. Is it available anywhere? Do we know when/where it will be available?
Probably February, 2019. I'm hoping it will be on Netflix. :beer
by PhysicianOnFIRE
Mon Oct 22, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Playing with FIRE(Financial Independence) documentary trailer.
Replies: 35
Views: 5521

Re: Playing with FIRE(Financial Independence) documentary trailer.

I'm excited to see this film and I kicked in $100 to the Kickstarter. I just went to the kickstart page. According to the page they have a goal of $40,000 and have raised over $100,000 - so seems they have enough to do what they need to do. Yeah, I kicked in early on. FIRE gurus need a kickstarter ...
by PhysicianOnFIRE
Mon Oct 22, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Playing with FIRE(Financial Independence) documentary trailer.
Replies: 35
Views: 5521

Re: Playing with FIRE(Financial Independence) documentary trailer.

I'm excited to see this film and I kicked in $100 to the Kickstarter. I know a number of the people featured in the trailer, so my opinion is certainly biased. Do I personally expect to learn a lot? No. But I think the movie can reach a new audience that isn't reading blogs, participating in forums,...
by PhysicianOnFIRE
Mon Oct 22, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Sequoia or Land Cruiser
Replies: 25
Views: 1413

Re: Sequoia or Land Cruiser

We've been researching large SUVs, wanting something that can pull a travel trailer. We narrowed it down to the Ford Expedition and Nissan Armada. We test drove both the other day and preferred the ride and standard features of the Nissan Armada, which was revamped in 2017 and is now very similar to...
by PhysicianOnFIRE
Sun Oct 21, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Thank you for this excellent guide. Two questions: 1) Do online tax preparation sites like TurboTax and TaxAct make recording tax losses, and tax losses rolled over from previous years, easy? 2) You're lowering your cost basis, which means you'll pay more on taxes later on right? This is still a ne...
by PhysicianOnFIRE
Sun Oct 21, 2018 7:43 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

This thread is now in the wiki: Tax loss harvesting - Bogleheads (External links) PhysicianOnFIRE - Your blog posts only show publication dates on your home page. When I go to the actual blog link, the publication date is missing. Would it be possible to show the publication date (and author) under...
by PhysicianOnFIRE
Sat Oct 20, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Thank you for this excellent guide. Two questions: 1) Do online tax preparation sites like TurboTax and TaxAct make recording tax losses, and tax losses rolled over from previous years, easy? 2) You're lowering your cost basis, which means you'll pay more on taxes later on right? This is still a ne...
by PhysicianOnFIRE
Sat Oct 20, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Thank you for the feedback, Iceport. I changed 60 days to 61 and added the following paragraph to clarify that the purchase of a similar fund is not required (even if it is recommended). "Note: it is not required that you purchase a similar fund. You can also choose to allow that money to sit out of...
by PhysicianOnFIRE
Sat Oct 20, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 11534

Re: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Thank you for sharing, Taylor. I credit the Bogleheads, specifically @livesoft and @emergdoc aka White Coat Investor, for teaching me the power of tax loss harvesting. I didn't have a taxable account in 2008 when huge opportunities were there, but I've found numerous opportunities with the seemingly...
by PhysicianOnFIRE
Sun Oct 14, 2018 11:46 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 19795

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

These conversations revolve around risk and how willing you are to accept some risk. If you have a very low risk tolerance, shoot for a withdrawal rate of 3% or less and invest more heavily in bonds. If you feel your tolerance for risk is higher, start with a withdrawal rate of 4% or higher and a hi...
by PhysicianOnFIRE
Thu Aug 09, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Regarding FIRE
Replies: 10
Views: 1099

Re: Regarding FIRE

25x spending is just a rough guideline based on the 4% rule. Everyone's situation will be different. You may plan to stay in your house, downsize to a smaller house or move to a lower cost of living area. You could have most of your money at the ready in a taxable account or all of it in a 401(k) wi...
by PhysicianOnFIRE
Wed Aug 08, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or Taxable Accounts
Replies: 24
Views: 1658

Re: Backdoor Roth or Taxable Accounts

Do both. $5,500 each in a backdoor Roth. Use Vanguard. Google " Vanguard backdoor Roth " for step-by-step instructions. Then, start filling a taxable account with any monies left over. No need to wait on the conversion. Congress has blessed the backdoor as legit. I've converted the day after contrib...