Bogleheads.org

BogleAlltheWay

I was surprised to find out that over the last few years I have only paid about $500 more in taxes being in NYC as opposed to NJ. My taxable income in NY was about 10k less due to NY having a higher standard deduction and HSA not being tax deductible in NJ. Does that make sense? I don't think it ma...

BogleAlltheWay

The way NJ handles nonresident tax is that you compute the tax on all your income under NJ rules, and then prorate this according to the percentage of income you earned in NJ. For example, if your total income is $100K and $80K of that has a source in NJ, you pay 80% of the NJ tax on an income of $...

BogleAlltheWay

The way NJ handles nonresident tax is that you compute the tax on all your income under NJ rules, and then prorate this according to the percentage of income you earned in NJ. For example, if your total income is $100K and $80K of that has a source in NJ, you pay 80% of the NJ tax on an income of $...

BogleAlltheWay

The way NJ handles nonresident tax is that you compute the tax on all your income under NJ rules, and then prorate this according to the percentage of income you earned in NJ. For example, if your total income is $100K and $80K of that has a source in NJ, you pay 80% of the NJ tax on an income of $...

BogleAlltheWay

Hi All,
I currently live in NYC and work in NJ .
Are the state taxes on my NJ nonresident tax form what I would pay if I lived in NJ?

BogleAlltheWay

Agreed. Thank you veterans!

BogleAlltheWay

I would check your 401k matching policy. Some companies only match a max per paycheck. So if you you hit your 401K limit in August you will miss out of the company match for the rest of the year.

BogleAlltheWay

While I don't agree with all the points and a lot of them are minor, I still think it is informative. It really doesn't say not to use 401k.

BogleAlltheWay

I keep trying to convince my friends about the value of low-cost index investing. For the most part they are not really financially savvy and rarely even invest at all. But what little investing they have done the past 3 months has outperformed the market. This from people who know almost nothing a...

BogleAlltheWay

I normally give blood but due to the fact that I live with high risk people and in NY I have not since this started.

BogleAlltheWay

Bad things have a better shot at affecting the whole market in a big way and happen suddenly . The financial crisis and this one, hurt a ton of companies . There isn't much good news that can come out that will affected a lot of companies in a big way. Often the time the good news follows the bad. i...

BogleAlltheWay

IMO It Is a dead cat bounce. A vaccine is a year away at best and it is uncertain how effective it will be. There will be some pent up demand but I think this will change consumer behavior. The government has thrown a lot of money at the issue but will it be enough to keep companies afloat.

BogleAlltheWay

With everyone predicting a downturn I am going to guess it is not happening.

BogleAlltheWay

watchnerd wrote: ↑Sat Apr 04, 2020 9:52 pm
BogleAlltheWay wrote: ↑Sat Apr 04, 2020 9:11 pm If I could go back I would buy the 3 fund portfolio of Apple, Amazon, and GE stock. I don't want to be too greedy
GE?

Is that just to have a total dog to make up for the others?

It's only fair

BogleAlltheWay

If I could go back I would buy the 3 fund portfolio of Apple, Amazon, and GE stock. I don't want to be too greedy

BogleAlltheWay

Assuming the has another big market drop and rates so low, would it be a good idea to invest on margin? If things went further south, I could sell some of my taxable investments to cover it. I currently have no debt, but will likely buy a house in 2-5 years. That money is separate from my investments.

BogleAlltheWay

On the Vanguard page for Vanguard Total International Stock ETF (VXUS) Sorry - I misread VXUS instead of VTI. I would think that would be tied to stale dated pricing. VTI has to set it price on the close of the foreign exchange, which is hours old. ETF prices can incorporate new information and pri...

BogleAlltheWay

On the Vanguard page for Vanguard Total International Stock ETF (VXUS)

BogleAlltheWay

With many ETF's trading at a discount i.e. Vanguard Total International Stock ETF (VXUS), is it a big enough advantage that I should I be buying the ETF as opposed to the mutual fund version?

BogleAlltheWay

Are NY Munis more risky because of all the lost revenue for the state? I current hold the Vangaurd NY Muni fund.
If so should I switch to some other bonds?

BogleAlltheWay

Thanks for all the info. I am looking at Vanguard. One of the ones I was looking at was FTSE Emerging Markets(VWO) with an ER of .1% vs the mutual fund version with an ER of .14. Does that matter much? $10K that gets 6% per year for 25 years becomes about $43K. If you get 5.96% per year (b/c of an ...

BogleAlltheWay

I think ETF share and mutual funds share expense ratios are so close that it's essentially a non-issue. VTI ETF er=0.03% vs VTSAX Admiral er=0.04%. Mutual fund shares offer the convenience of automatic transactions, frictionless fund exchange (handy right now for TLH without any time out market), r...

BogleAlltheWay

Assuming all else is equal, how many basis points difference becomes significant when deciding between the ETF vs the mutual fund?

BogleAlltheWay

The problem is when do you buy back in? Let's say you decide will buy when the indices are down 50%. If they don't go down that far then you miss out. When 50% comes they don't to buy because it might go down 60% etc.

BogleAlltheWay

No problem.
Close I am in NY.
Thanks for your help.

BogleAlltheWay

Since I already have state munis, should I be adding more munis?

BogleAlltheWay

Here is a link to the ETF vs mutual funds: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds At Vanguard, the ETF version is usually the same price or possibly a few basis points cheaper. If you are not using Vanguard I would go ETF. IMO if you use Vanguard I think the ETF vs MF decision comes do...

BogleAlltheWay

Hi all, Due to the fact that the bond fund in my 401K ER is .40% vs .10% for S&P500 index fund, I have kept my bond funds outside of it. I have some tax deferred space and some tax free space outside of my 401k. I do hold tax-free state munis in my taxable as part of my bonds. If I put the bond...

BogleAlltheWay

Maybe the Wiki will help? https://www.bogleheads.org/wiki/Tax-efficient_fund_placement Thanks. It has but I am unsure what to do as this is what the page says: "Some investors see bonds or bond funds as tax-inefficient because almost all of the return comes from the dividend yield, which is fu...

BogleAlltheWay

Hi all, Due to the fact that the bond fund in my 401K ER is .40% vs .10% for S&P500 index fund, I have kept my bond funds outside of it. I have some tax deferred space and some tax free space outside of my 401k. I do hold tax-free state munis in my taxable as part of my bonds. If I put the bonds...

BogleAlltheWay

Don't know for sure; but, I think that's what's happening with LifeStrategy funds that maintain a constant AA. Could be wrong. They buy and sell everyday? They rebalance daily in order to maintain the asset allocation. A bit different than attempting to time the direction and magnitude of the swing...

BogleAlltheWay

RadAudit wrote: ↑Mon Mar 16, 2020 9:33 am Don't know for sure; but, I think that's what's happening with LifeStrategy funds that maintain a constant AA. Could be wrong.

They buy and sell everyday?

BogleAlltheWay

The way the market is going up and down each day, why don't people buy when its down and sell when it is up for the day?

BogleAlltheWay

I much prefer mutual funds but the ETFs are cheaper on TD Ameritrade.
I just noticed that the Vanguard ETF and Admiral funds are no longer the same expense ratio.

BogleAlltheWay

Thanks @SweetAeromotion for the links. The only reason I was thinking of trading off hours is that I have work during normal trading hours. The goal is not to make a mistake, but it can happen. It is good to hear that putting on a high price won't hurt me. It appears that buying more shares is more...

BogleAlltheWay

I would think they would at least have an warning if the price was way off.

The majority of posters on here an previous ones I have read appear to be against after hours trading for good reason.
I like Vangaurd because the main funds have a mutual fund equivalent so I can just buy that.

BogleAlltheWay

Thanks @SweetAeromotion for the links. The only reason I was thinking of trading off hours is that I have work during normal trading hours. The goal is not to make a mistake, but it can happen. It is good to hear that putting on a high price won't hurt me. It appears that buying more shares is more ...

BogleAlltheWay

Thanks to all for the advice.
@SweetAeromotion the links are not working.

BogleAlltheWay

Hi all, I have a few questions about ETFs 1. I have read on here that it is not a good idea to buy ETF after hours especially for low volume ETFs. What about highly traded ones? 2. I was looking to buy SPDR® Portfolio Emerging Markets ETF(SPEM) from TD ameritrade. Since it is an international fund c...

BogleAlltheWay

RIP. Thank you.

BogleAlltheWay

Although 70% is a high number, it makes sense when you take into account that there is a 40% chance of a correction In any year and the current enviorment. As he mentioned stocks are highly value and interest rates are low.

BogleAlltheWay

In this case it is probably more due to looking at prices from different times rather than a currency effect. Stock prices (including US-listed foreign stock ETFs) went down in the US late in the trading day yesterday, after foreign markets had closed. The losses seen in foreign markets today are l...

BogleAlltheWay

Why are Total International Index funds are up today when the world's markets had a bad day today?

BogleAlltheWay

One (certainly oversimplified and therefore wrong, but perhaps still useful) way to compare would be to ask how much money you'd need to have right now to purchase each house outright, and have enough left over to pay the property taxes ~forever. Applying a 4% withdrawal rule for each $10k of annua...

BogleAlltheWay

chevca wrote: ↑Wed Dec 27, 2017 1:48 pm These would likely be far apart, right? I don't see taxes being that different in neighboring cities.

Where would you like living better? Personally, I'd look more at that part of it. Saving on taxes, but not liking where you live may be miserable.

NY and NJ

BogleAlltheWay

Be aware the calculator is programmed to take into account the mortgage-interest tax deduction but has not been updated for the recent change to the tax code. I don't know if this would make a practical difference in the result, could be it would even out and tax result would be the same impact eit...

BogleAlltheWay

Put both scenarios through the NYT rent vs buy calculator, note down the total cost to own for each, say over 10 years. I recommend doing this on a computer screen (I can't see that output on mobile) I used the calculator and after 30 years it appears that a 400K in with house (~2% property tax) wa...

BogleAlltheWay

Good idea. Thanks.

BogleAlltheWay

Hi all, I am trying to figure out the break even point of comparing houses which vastly different property taxes. For example, say I can buy the same houses in one market for 600K and another market for 500k, each with a 120k down payment. However, my monthly mortgage is the same for both due to hig...

BogleAlltheWay

Hi all, How can the US stock returns be good in the near future(10 years or so) due to their high valuation and the risk that the next or next administration raises the corporate tax ? Here's my take: 1) U.S. stock returns won't be good in the near future if there's not a crash big enough to scare ...

Search found 380 matches