Search found 115 matches

by Makefile
Sun Jan 19, 2020 2:43 pm
Forum: Personal Investments
Topic: Paralysis by analysis - Taxable account
Replies: 22
Views: 1230

Re: Paralysis by analysis - Taxable account

Hello BV3273, I personally purchase Series I Savings Bonds and, though they are kind of hybrid money market/CD-ish, I treat them as bonds. The interest is tax-deferred until you redeem the bond or when it matures after 30 years. The interest is also exempt from state and city income tax. A Treasury-...
by Makefile
Sat Jan 18, 2020 11:08 pm
Forum: Investing - Theory, News & General
Topic: How overvalued is this current market anyway?
Replies: 45
Views: 3688

Re: How overvalued is this current market anyway?

For curiosity's sake. From Vanguard mutual fund portfolio pages as of 12/31/19
Vanguard 500 (VFIAX) - P/E of 23
Vanguard Extended Market (VEXAX) - P/E of 20
Vanguard Total International Stock (VTIAX) - P/E of 15.4
by Makefile
Fri Jan 17, 2020 10:19 pm
Forum: Personal Investments
Topic: Opinions on Brighthouse Shield Annuity?
Replies: 11
Views: 739

Re: Opinions on Brighthouse Shield Annuity?

I recommend reading "The Only Guide to Alternative Investments You'll Ever Need" by Larry Swedroe that picks these apart. Usually there is some sleight of hand in the fine print that makes it less good than it is. For example, it might exclude dividends, or more complicated schemes that you can read...
by Makefile
Fri Jan 17, 2020 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Pretax savings in new job
Replies: 5
Views: 592

Re: Pretax savings in new job

She should be able to max out pre-tax 401(k) limit of 19,500, rather than stopping at the 6%. She will have to switch to a Backdoor Roth IRA. Ask for summary plan description for 401(k) to try and see if a Mega Roth ("after tax" contribution) is possible. Otherwise, not much tax-advantaged investing...
by Makefile
Fri Jan 17, 2020 9:54 pm
Forum: Personal Investments
Topic: Unsure on correct cost basis. Where does the onus fall?
Replies: 19
Views: 1520

Re: Unsure on correct cost basis. Where does the onus fall?

I understand. But (I'm struggling) I still don't see how you could actually report a loss in my situation. Though it's a capital loss, it isn't that you lost money, but that this fund was [apparently] so tax-inefficient that the initial investment plus all the income it has produced is more than it...
by Makefile
Fri Jan 17, 2020 12:22 pm
Forum: Personal Investments
Topic: "Front Load divided by Unrealized Gain/Loss" as a performance measurement?? (Edward Jones Tom Foolery)
Replies: 8
Views: 613

Re: "Front Load divided by Unrealized Gain/Loss" as a performance measurement?? (Edward Jones Tom Foolery)

It wouldn't be quite as bad as you're saying. Unrealized gains/losses wouldn't include dividend reinvestments which are another source of return. I don't think the load is charged on those. In addition, cost basis DOES include dividend reinvestment, so your initial investment may be lower. If you ca...
by Makefile
Wed Jan 15, 2020 10:45 pm
Forum: Personal Consumer Issues
Topic: Vanguard Statements - Print or Electronic
Replies: 69
Views: 4161

Re: Vanguard Statements - Print or Electronic

Generationally I should be electronic but I do the 3 ring binder thing... I guess I believe in Murphy's Law too much and picture these elegant final instructions turning into ransacking the house for Grand Dad's thumb drive, or trying to get past 2FA (that sends codes to the phone that got its servi...
by Makefile
Wed Jan 15, 2020 9:44 pm
Forum: Personal Investments
Topic: Unsure on correct cost basis. Where does the onus fall?
Replies: 19
Views: 1520

Re: Unsure on correct cost basis. Where does the onus fall?

Yes you have to report correct cost basis information even if the broker is wrong. There are "adjustments" to do so if necessary on your tax return. The brokerages should have tracked cost basis for anything purchased in 2012 or later. I guess it's possible, since it was through an advisor, that the...
by Makefile
Wed Jan 15, 2020 7:45 pm
Forum: Personal Investments
Topic: Vanguard total international stock in tax deferred and Roth IRA
Replies: 4
Views: 240

Re: Vanguard total international stock in tax deferred and Roth IRA

For perspective think of it as trying to squeeze out the last 5% of efficiency once you're 95% there. This is such a small issue in comparison to everything you went through to this point re: stopping AUM fees and advisors. It sounds like you may have considered this already, but the wiki has more d...
by Makefile
Wed Jan 15, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: S&P500+Mid-cap+Small-cap>Total Market
Replies: 29
Views: 1348

Re: S&P500+Mid-cap+Small-cap>Total Market

On this topic though, could someone remind us why the percentages for Vanguard 500+mid+small are so different than Fidelity 500+mid+small? Is it because Vanguard uses CRSP indexes while Fidelity uses Russell indexes and there is overlap between the three funds? Also, how much have the percentages ch...
by Makefile
Wed Jan 15, 2020 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Employer did not apply w4 changes
Replies: 12
Views: 785

Re: Employer did not apply w4 changes

Does anyone know if I can challenge my employer legally if they didn't apply my w4 as per my instructions? I don't know about that, but there is the option to ask the IRS for a penalty waiver. It can't hurt, right? Or, make sure you make the estimated payment today. It might combine nicely with the...
by Makefile
Wed Jan 15, 2020 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Employer did not apply w4 changes
Replies: 12
Views: 785

Re: Employer did not apply w4 changes

You'll have to look up the exact rules for IRS form 2210, but it generally works as: if your withholding was such that you owe $1000 or less, there shouldn't be a penalty if 2018's AGI was under 150,000, and your withholding was at least as much as your total tax for 2018, there shouldn't be a penal...
by Makefile
Tue Jan 14, 2020 5:52 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 96
Views: 7308

Re: Windows 7 end of support - Jan 14, 2020

Got links for instructions on turning all that stuff off? I'm holding out on Windows 7 because of that stuff: telemetry, Cortana, Windows Store, and forced updates. My work computer is Windows 10 and even if I kill Cortana in the task manager, it just comes right back. How do I completely remove th...
by Makefile
Tue Jan 14, 2020 3:38 pm
Forum: Investing - Theory, News & General
Topic: Should I keep any cash in my Roth?
Replies: 19
Views: 1547

Re: Should I keep any cash in my Roth?

If you must hold on to the idea of buying stocks after a decline, you might be better served purchasing Fidelity Four-in-One Index fund or a Freedom Index fund and letting the fund do the work rather than keeping cash on the side.
by Makefile
Tue Jan 14, 2020 3:09 pm
Forum: Personal Investments
Topic: LifeStrategy Funds in Retirement?
Replies: 12
Views: 1500

Re: LifeStrategy Funds in Retirement?

I suppose the portfolio managers for the fund at Vanguard, after a stock decline, could use a combination of selling bonds to buy stock, and selling only bonds to meet redemptions as a way to get the fund back to its target percentages of stocks and bonds. So, redeeming wouldn't necessarily mean sel...
by Makefile
Tue Jan 14, 2020 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Optimize HSA value - payroll to HSA Bank or on own to Lively
Replies: 1
Views: 169

Re: Optimize HSA value - payroll to HSA Bank or on own to Lively

Trustee-to-trustee transfers usually cost money and usually involve mailing a paper check, so if you were thinking to do one after every payroll deposit, that probably isn't a great solution. I don't understand your reasoning on avoiding FICA on HSA money causing other money to be taxed instead, or ...
by Makefile
Mon Jan 13, 2020 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Exceeded 403b By Tiny Amount
Replies: 13
Views: 1098

Re: Exceeded 403b By Tiny Amount

I believe this might get rounded to the nearest dollar when it gets reported to the IRS. H&R Block tax software, at least, forcibly rounds all W-2 entries to the nearest dollar if you try to enter the cents All Wage and Income Transcripts I've requested from the IRS showing what 1099s and W-2s they ...
by Makefile
Mon Jan 13, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Recourse for employer mistakes on payroll?
Replies: 21
Views: 1515

Re: Recourse for employer mistakes on payroll?

If all else fails and it gets to the point of a wrong W-2, there is an IRS form 4852 to "override" the W-2 when you file your taxes. But, look up the form and its instructions as there are steps to go through to prove you've done everything possible to get a correct one. Also, I presume filing that ...
by Makefile
Fri Jan 10, 2020 2:09 pm
Forum: Personal Investments
Topic: Thoughts on Fidelity's new low-cost personal annuity?
Replies: 14
Views: 1445

Re: Thoughts on Fidelity's new low-cost personal annuity?

Isn't the main purpose for a lower-cost variable annuity (whether Vanguard or Fidelity or elsewhere) the fact you can exchange a high-cost annuity previously purchased by mistake to buy it? Otherwise it seems like lots of historical trends make starting a new variable annuity make less and less sens...
by Makefile
Wed Jan 08, 2020 4:53 pm
Forum: Investing - Theory, News & General
Topic: Advisor laying out a convincing argument for active management?
Replies: 43
Views: 2761

Re: Advisor laying out a convincing argument for active management?

First, don't forget about the capital gain distributions if it's outside of an IRA or retirement account. JP Morgan Small Cap (VSEAX), for example, per their website, reinvested 2.3805 per share at 50.32 back in December, or 4.7% of its value, which is then subject to federal and state income tax. T...
by Makefile
Wed Jan 08, 2020 4:18 pm
Forum: Personal Investments
Topic: Paycheck direct deposit (Vanguard) - to a fund instead of settlement fund?
Replies: 8
Views: 718

Re: Paycheck direct deposit (Vanguard) - to a fund instead of settlement fund?

For mutual fund only accounts it is indeed possible to generate a different routing/account number for each fund and do a direct deposit directly into each one. However, for brokerage accounts I've read that it's possible to set up an automatic investment on payday (or the day after) from the settle...
by Makefile
Tue Jan 07, 2020 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block online - How to enter USG part of Vanguard Federal Money Market Fund dividends (not state taxable)?
Replies: 1
Views: 137

Re: H&R Block online - How to enter USG part of Vanguard Federal Money Market Fund dividends (not state taxable)?

I don't know about the online version, but the desktop version of H&R Block has a yes/no checkbox when you enter a 1099-DIV that says "From US government obligations" or something of the sort. It's at the very bottom of the 1099-DIV entry screen I believe. At first it's confusing with it seemingly a...
by Makefile
Tue Jan 07, 2020 1:34 pm
Forum: Personal Investments
Topic: Roast This Profile
Replies: 20
Views: 1988

Re: Roast This Profile

Re: the ESPP, and someone correct me if I'm wrong. There is the gap between the discounted price at which you purchase the shares, and the current market price. That is called the bargain element. Then, whenever you sell, there is also the difference between the sale price and the market price on th...
by Makefile
Mon Jan 06, 2020 10:14 pm
Forum: Personal Investments
Topic: moving funds to Vanguard rIRA in kind
Replies: 8
Views: 395

Re: moving funds to Vanguard rIRA in kind

I'd guess the limitation of whether in-kind is possible or not would be on the 403(b) end.
Does the summary plan description say anything?
If you poke around in the 403(b)'s online account, are there forms you can download and do any of them hint at in-kind?
by Makefile
Mon Jan 06, 2020 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: first backdoor roth - but now I have leftover interest
Replies: 20
Views: 1081

Re: first backdoor roth - but now I have leftover interest

If you're doing a backdoor Roth again this year you can convert the 6500.80 this time around. You'll probably a few cents of interest again though.

Have you practiced form 8606?

I suspect 13000/13001 will round to 1.000 so the extra dollar may not even be an issue.
by Makefile
Fri Jan 03, 2020 2:01 pm
Forum: Personal Consumer Issues
Topic: DOS batch file and FFMPEG question
Replies: 14
Views: 526

Re: DOS batch file and FFMPEG question

This is an interesting thought since the hyphen before the c in -c:v seems to trigger something in the error message. Can you elaborate on what you mean by a plain hyphen? I just used the key right of the number 0 on a standard keypad. Is the hyphen in the numeric keypad a differently-coded hyphen?...
by Makefile
Fri Jan 03, 2020 1:45 pm
Forum: Personal Consumer Issues
Topic: Visible wireless. Any experience?
Replies: 11
Views: 1364

Re: Visible wireless. Any experience?

hmw wrote:
Sun Dec 29, 2019 4:32 pm
Was it easy to find a random party to join and get the $25/line pricing? Thanks
I found a 3-person party on Reddit, so I was lucky. It may get easier or harder with time as initial interest dies down?
by Makefile
Fri Jan 03, 2020 1:44 pm
Forum: Personal Consumer Issues
Topic: DOS batch file and FFMPEG question
Replies: 14
Views: 526

Re: DOS batch file and FFMPEG question

What if you replace the ffmpeg-4-2-1 command with echo Then go through the output and see if you can copy and paste some of the command lines it generates and see if you can get the garbled error message with a single command. Are you 100% sure that all - are plain hyphens and all " are plain quotes...
by Makefile
Sun Dec 29, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Visible wireless. Any experience?
Replies: 11
Views: 1364

Re: Visible wireless. Any experience?

I've had it since January. Overall, it's worked well especially for the price. I don't use the Internet access for anything but company email and chat and occasionally looking something up. I'm not sure how it would perform for streaming video. It's had a few glitches in that time, for example somet...
by Makefile
Tue Dec 17, 2019 5:08 pm
Forum: Personal Investments
Topic: Evaluating T Rowe MD tax free bond fund
Replies: 4
Views: 326

Re: Evaluating T Rowe MD tax free bond fund

I'm not as sure about the bond fund, but the last I looked the T Rowe Price MD money market fund even after accounting for taxes, it didn't have a high enough yield compared to Vanguard Prime/Federal/Treasury. I'm not sure it's a fair comparison though to Total Bond Index in terms of risk. Morningst...
by Makefile
Mon Dec 16, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: VTSAX & FSTVX vs POMIX
Replies: 2
Views: 240

Re: VTSAX & FSTVX vs POMIX

There is a wiki page on investing at T. Rowe Price, so it's not off the wall. https://www.bogleheads.org/wiki/T._Rowe_Price TRP just hasn't reduced their expense ratio as competition between Vanguard, Fidelity, and Schwab has driven them down toward zero. They also don't offer a total international ...
by Makefile
Mon Dec 16, 2019 10:44 am
Forum: Personal Investments
Topic: What is the lowest dividend yield ETF?
Replies: 40
Views: 2376

Re: What is the lowest dividend yield ETF?

This discussion reminds me of a brief sentence in The Intelligent Investor 's chapter on investment companies. I assume such a fund is outdated or we'd be hearing about it: A new wrinkle, introduced in 1967, divides the capitalization into a preferred issue, which will receive all the ordinary incom...
by Makefile
Sun Dec 08, 2019 1:43 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 995

Re: Swapping funds in tax-deffered/advantaged?

Within an IRA of either kind it does not matter whether the account grows from an increase in price or distributions. You are onto something though with wanting the asset expected to grow more in the long-term to be in Roth, and the slower-growing one (i.e., the one with more bonds) to be in your tr...
by Makefile
Fri Dec 06, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard - "System Limitations" - Anyway to suggest improvements
Replies: 4
Views: 416

Re: Vanguard - "System Limitations" - Anyway to suggest improvements

JR said that main "system limitation" is that my elderly mom is not a trustee of her trust. My brother and I are her co-trustees (as well as fellow Vanguard investors) and have limited agent authorization for her IRA so we can do phone calls on the IRA. Mom can still sign for transactions regarding...
by Makefile
Fri Dec 06, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard - "System Limitations" - Anyway to suggest improvements
Replies: 4
Views: 416

Re: Vanguard - "System Limitations" - Anyway to suggest improvements

Sandwich, Was there anything specifically wrong with the RMD form? Like did you try and change the fields somehow like withholding a dollar amount instead of a percentage or something? If not, there has to be some kind of misunderstanding. The Vanguard RMD service is right on their website. https://...
by Makefile
Thu Dec 05, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does a home mortgage use Simple or Compund Interest?
Replies: 147
Views: 30826

Re: Does a home mortgage use Simple or Compund Interest?

I saw this thread for the first time the other day. It took me a little bit of thinking to see where 555 is coming from but it I agree. I thought of a visualization that might help. Imagine a bucket mostly full of water. Now, imagine a pipe/faucet that adds more water to the bucket, but with a twist...
by Makefile
Wed Nov 27, 2019 12:04 pm
Forum: Personal Investments
Topic: What's Your Opinion on a Custodial Brokerage Account?
Replies: 12
Views: 1077

Re: What's Your Opinion on a Custodial Brokerage Account?

Nope, the law requires them to know. The institution is required to turn the account ownership over to the beneficiary at the state mandated age of maturity. The process varies by institution, but they end up in either the child's name or a joint account usually. Unless you do something illegal or ...
by Makefile
Fri Nov 22, 2019 2:35 pm
Forum: Personal Investments
Topic: Sell/Re-purchase Mutual Funds after ex dividend date
Replies: 5
Views: 334

Re: Sell/Re-purchase Mutual Funds after ex dividend date

Even if there was a free lunch here, and I'll let others take that on, mutual funds usually have frequent trading rules to stop you from doing this as the short term sales/repurchases wreak havoc on the fund and its returns for long term shareholders.
by Makefile
Fri Nov 22, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: How Does Credit Karma Know Both of Our Cars?
Replies: 11
Views: 1493

Re: How Does Credit Karma Know Both of Our Cars?

Similarly, I've noticed if you run a quote on an auto insurance website it often already knows what cars you have.
by Makefile
Fri Nov 22, 2019 12:17 pm
Forum: Investing - Theory, News & General
Topic: Latest on transition to new investment platform - Vanguard
Replies: 35
Views: 2951

Re: Latest on transition to new investment platform - Vanguard

Perhaps wait until after 4th quarter dividends, so you don't get two 1099-DIVs for this year?
by Makefile
Thu Nov 21, 2019 1:03 pm
Forum: Personal Investments
Topic: Joining a new employer in December and maxing out a 401k
Replies: 13
Views: 555

Re: Joining a new employer in December and maxing out a 401k

The deductiblility of the Traditional IRA contribution excludes those who are COVERED (or have a spouse who is covered) by an employer 401K, not that they CONTRIBUTED to it. The employer could have contributed to it. https://www.irs.gov/retirement-plans/ira-deduction-limits It all boils down to whe...
by Makefile
Tue Nov 19, 2019 4:10 pm
Forum: Personal Investments
Topic: International Fund Location with Highest Tax Bracket
Replies: 20
Views: 1328

Re: International Fund Location with Highest Tax Bracket

I'd be interested in hearing from the resident Form 1116 experts if being in the highest tax bracket and having to "adjust" down foreign income amounts to account for qualified dividends changes the calculation at all. At least for straightforward investments like VTIAX. Or, is the US tax still high...
by Makefile
Tue Nov 19, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: computers/programs/sites changing
Replies: 24
Views: 1922

Re: computers/programs/sistes changing

It sounds like the OP is currently using a desktop, so if going the Chromebook route, consider a Chromebox which is a desktop version to continue having full sized keyboard, mouse, monitor. If there are specifications for what the $750 computer includes that would be nice to know to advise further. ...
by Makefile
Tue Nov 19, 2019 1:28 pm
Forum: Personal Investments
Topic: HSA - Can I get a better return?
Replies: 22
Views: 1839

Re: HSA - Can I get a better return?

Look into Lively which will let you move HSA funds to TD Ameritrade for no fees. Some here like Fidelity's as well. When you say "flex" plan, if you mean FSA, make sure you look into the terms and conditions as usually there is a low limit on how much you can carry to the next year. FSAs are expecte...
by Makefile
Mon Nov 18, 2019 8:46 pm
Forum: Personal Investments
Topic: Tax efficiency when in the 12% bracket
Replies: 12
Views: 2539

Re: Tax efficiency when in the 12% bracket

Unrealized gains (that you can realize whenever you want) are still better than realized ones, since 6% years in the future is still better than 6% now, right? Plus basis step up for heirs if you don't use all the taxable account... Remember that qualified dividends only affect your federal tax calc...
by Makefile
Mon Nov 18, 2019 8:25 pm
Forum: Personal Investments
Topic: 1-3 large stock holdings keeping me from reaching proper asset allocation - need advice
Replies: 14
Views: 1022

Re: 1-3 large stock holdings keeping me from reaching proper asset allocation - need advice

Microsoft has done so well, for so long, that it's hard to really want to let it go and move that into a bond. I don't see Microsoft turning the other direction for a long time but obviously I could be wrong. When you said that, I thought it would be interesting to chart the growth of MSFT vs. the ...
by Makefile
Mon Nov 18, 2019 7:56 pm
Forum: Investing - Theory, News & General
Topic: “Upgrading” a regular Vanguard taxable account to a brokerage account
Replies: 18
Views: 2240

Re: “Upgrading” a regular Vanguard taxable account to a brokerage account

I got a physical mailing from Vanguard today asking to transition to brokerage, for what that's worth. Those who work in the industry, Vanguard always makes it sound like it's no big deal to do this transition, but behind the scenes it's the same process as moving the mutual fund shares from own nam...
by Makefile
Mon Nov 18, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?
Replies: 42
Views: 3669

Re: Why are most insurance products to protect against catastrophe but vision & dental insurance are for ordinary use?

I don't know the full history, but I suspect that, like health insurance, vision/dental likely originated during World War II price controls to pay employees more when giving them a raise was not allowed, as well as a way to compensate them without paying income taxes. I suspect dental/vision wouldn...