Search found 47 matches

by LocusCoeruleus
Thu Jun 11, 2020 6:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20748
Views: 2833885

Re: U.S. stocks in free fall

I thought level 1 trigger was going to trip today, ended up getting close to it.
by LocusCoeruleus
Sun May 31, 2020 2:30 pm
Forum: Personal Investments
Topic: An NTSX alternative in taxable?
Replies: 27
Views: 2114

Re: An NTSX alternative in taxable?

How about 80% NTSX and 20% EDV in taxable?
by LocusCoeruleus
Thu Mar 12, 2020 5:23 pm
Forum: Personal Investments
Topic: Running out of TLH Partners!
Replies: 13
Views: 856

Re: Running out of TLH Partners!

For TLH, do you trade with unsettled cash immediately after the sale, or wait T+2 to buy with settled cash, knowing that a lot can happen in T+2.
by LocusCoeruleus
Sun Feb 16, 2020 7:15 am
Forum: Personal Investments
Topic: How important is it to hold Real Estate
Replies: 38
Views: 3774

Re: How important is it to hold Real Estate

Commute also can play a role. Say you have a 15 minute commute in a small rental in a VHCOL, versus 1+ hour commute in a larger house you pay a similar mortgage on. I suppose it would boil down to hassle of the longer commute versus the benefit of a larger house in relation to a cramped small apartm...
by LocusCoeruleus
Thu Jan 09, 2020 7:30 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 6780
Views: 651168

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

If someone is starting on the adventure today, would you still do 55% UPRO 45% TMF with 100k?
by LocusCoeruleus
Sat Nov 16, 2019 12:34 pm
Forum: Personal Investments
Topic: Tax Optimization
Replies: 12
Views: 1520

Re: Tax Optimization

Instead of trying to figure out what each container should have going forward, consider going backwards. Assume you have already retired and if you were to do taxes, what would be lowest tax way to pull contributions. Say you took the standard deduction. You could withdraw $24k from your 401k/IRA an...
by LocusCoeruleus
Sun Sep 29, 2019 11:41 am
Forum: Personal Investments
Topic: New Merrill Edge cash solutions (possibly?)
Replies: 38
Views: 6295

Re: New Merrill Edge cash solutions (possibly?)

Other than cash equivalents are folks just buying vti according their aa to maintain the 100k in taxable? For those that just want to leave 100k in the account, my concern for having a substantial portion in a volatile equity index fund is what about large drops. Perhaps the fact that you have nearl...
by LocusCoeruleus
Fri Aug 09, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 451444

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

We need triceratop's tax efficiency spreadsheet so folks can calculate the ongoing "tax burden" For folks who are already investing $100k or less in a taxable portfolio every year, I still don't see how the "add to the fund that is down" is a big burden for less than $1mm portfol...
by LocusCoeruleus
Thu Aug 08, 2019 8:18 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 451444

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

So if TMF & UPRO are tax efficient from a holding perspective, instead of manual quarterly rebalance one just adds to whichever is off kilter from OP's allocation on a quarterly basis. Thus no st cap gain/loss. Then why is TMF & UPRO not suitable in taxable space? The above assumes one has ...
by LocusCoeruleus
Thu Aug 08, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 451444

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

So if TMF & UPRO are tax efficient from a holding perspective, instead of manual quarterly rebalance one just adds to whichever is off kilter from OP's allocation on a quarterly basis. Thus no st cap gain/loss. Then why is TMF & UPRO not suitable in taxable space? The above assumes one has t...
by LocusCoeruleus
Thu Aug 08, 2019 4:45 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 451444

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

UPRO - anyone know why the quarterly dividends are not in line with the quarterly dividends of a plain (non-leveraged) S&P 500 fund? According to the fund distribution page (https://www.proshares.com/funds/upro_distributions.html), the fund has only distributed dividends which at least for 2018 ...
by LocusCoeruleus
Sun Jun 23, 2019 6:53 pm
Forum: Personal Investments
Topic: Tax planning: implications of Muni Fund (VWITX)
Replies: 7
Views: 1372

Re: Tax planning: implications of Muni Fund (VWITX)

On OP's question #2, obligations of states and territories cannot be taxed at the federal level, therefore no federal taxes are due. Along the same lines, NIIT does not (and cannot) apply to municipal bonds. VWINX is a municipal bond fund. The states and territories which constitute vwinx are listed...
by LocusCoeruleus
Sun May 12, 2019 9:01 am
Forum: Personal Investments
Topic: Chase You Invest for Taxable Account
Replies: 31
Views: 5123

Re: Chase You Invest for Taxable Account

Just tried a mock trade for tot intl (vtiax) - seems to work for $0.01.

Between this and the above post, here is my $0.02: :happy

Image
by LocusCoeruleus
Sun May 12, 2019 8:51 am
Forum: Personal Investments
Topic: Chase You Invest for Taxable Account
Replies: 31
Views: 5123

Re: Chase You Invest for Taxable Account

*+Just did a mock trade for $0.01 for VTSAX and it seems it would go through:

Image
by LocusCoeruleus
Fri May 10, 2019 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness-Has it worked for anyone?
Replies: 60
Views: 8434

Re: Public Service Loan Forgiveness-Has it worked for anyone?

NSLDS had the correct info. The ECF was approved for the correct number of months. FedLoan was just having a hard time doing simple arithmetic and making it stick. The two loans in their system were off by > 12 months from each other and NSLDS. This doesn't count the 1-2 months lost on forbearance d...
by LocusCoeruleus
Fri May 10, 2019 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness-Has it worked for anyone?
Replies: 60
Views: 8434

Re: Public Service Loan Forgiveness-Has it worked for anyone?

@NeuroSphere: Appreciate the follow up. Thanks for the heads up on interest capitalization. I had pre-emptively switched to IBR from REPAYE previously so did have some int cap. Now the interest accrual is not much given larger payments. For anyone else going through PSLF, it has been quite a roller ...
by LocusCoeruleus
Thu May 09, 2019 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness-Has it worked for anyone?
Replies: 60
Views: 8434

Re: Public Service Loan Forgiveness-Has it worked for anyone?

Once in an income based repayment (IBR) plan, is it true that you cannot be kicked out of it if your income becomes too high? At that point it just reverts to a standard 10 year plan if you do not certify your income annually? Even at the standard 10 year payment rate, apparently those payments stil...
by LocusCoeruleus
Mon May 06, 2019 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 688
Views: 162381

Re: Bank of America/Merrill Edge - Preferred Rewards

An update regarding 10% liquidation fee which is listed on their website https://www.merrilledge.com/help-support : Thank you for contacting Merrill Edge. Upon review, we can confirm that the fee for fractional share liquidations is no longer charged. We have forwarded your email to our Technical Su...
by LocusCoeruleus
Wed Apr 03, 2019 8:54 pm
Forum: Personal Investments
Topic: Chase brokerage - anyone having trouble placing trades?
Replies: 9
Views: 1547

Re: Chase brokerage - anyone having trouble placing trades?

Anyone thinking of moving the funds as is via acats to Merrill Vanguard ? At least I could avoid the Merrill commissions and just do the monthly auto buy for vanguard mutual funds. I fixed your question for you. :) Nice, but I want the boa credit card upgraded benefits, hence need Merrill for now.
by LocusCoeruleus
Wed Apr 03, 2019 8:52 pm
Forum: Personal Investments
Topic: Chase brokerage - anyone having trouble placing trades?
Replies: 9
Views: 1547

Re: Chase brokerage - anyone having trouble placing trades?

ok i got a little more info.. not sure if this information needs its own thread. About a month ago Chase changed its policy for "full service brokerage" You can't buy new positions of "no load" funds. If you have existing positions of no loads in the account now, you can purchas...
by LocusCoeruleus
Wed Apr 03, 2019 8:41 pm
Forum: Personal Investments
Topic: Chase brokerage - anyone having trouble placing trades?
Replies: 9
Views: 1547

Re: Chase brokerage - anyone having trouble placing trades?

Do you happen to be chase private client? I actually have another thread here trying to figure out IRA.. and just tried to buy VTIAX and got the same error. I called my private client advisor to buy it but he couldn't get it for me either. He tried to escalate it but couldn't buy it. According to h...
by LocusCoeruleus
Mon Mar 18, 2019 8:09 pm
Forum: Personal Investments
Topic: Chase brokerage - anyone having trouble placing trades?
Replies: 9
Views: 1547

Chase brokerage - anyone having trouble placing trades?

Just curious if anyone is having issues placing mutual fund trade orders on their chase self directed brokerages (NOT you invest)? For instance, on trying to place a buy order for Vanguard S&P 500 (VFIAX), I get the following error: We can't place your order. No Load Funds not available for purc...
by LocusCoeruleus
Sat Mar 02, 2019 7:06 pm
Forum: Personal Investments
Topic: Managing cash in a Wells Fargo Portfolio account
Replies: 18
Views: 1913

Re: Managing cash in a Wells Fargo Portfolio account

Several of us here are grandfathered into the old pma with the 100 free trades. You can use the brokerage to buy a number of money market funds or even etf's. Depending on your marginal federal / state tax rates, risk tolerances, you can see the vanguard list below to pick from: https://investor.van...
by LocusCoeruleus
Thu Feb 14, 2019 1:05 pm
Forum: Personal Investments
Topic: Backdoor Roth and State Income Taxes on HR Block
Replies: 0
Views: 199

Backdoor Roth and State Income Taxes on HR Block

If anyone is following TFB's instructions for Backdoor Roth for their Federal return using HR Block https://thefinancebuff.com/how-to-backdoor-roth-hr-block-software.html Here are instructions to follow when doing state income tax for the backdoor roth: In the section State --> Income --> Adjustment...
by LocusCoeruleus
Mon Feb 11, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 314
Views: 30782

Re: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale

Is anyone able to download tax forms (1099 div / 1099b) from JP Morgan Chase? The only option for import on HR Block is JPM Asset Mgmt and it says, "clients of other firms in the JPM family cannot import into HR Block at Home" I really do not want to enter all the transactions by hand and ...
by LocusCoeruleus
Sun Feb 03, 2019 5:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 54066

Re: Vanguard Prime Money Market yield over 2.5%

How does the formula change for prime MM, if your state allows you to deduct the federal component even if it is < 50% threshold (i.e. you do not reside in the 3 states specifically listed): Prime: TEY = Yt * (1-f) / (1 - f - (s * (1-usg%) )) Where usg = US GO + US T-Bills As of 12/31/2018 usg = 3.9...
by LocusCoeruleus
Sun Jan 13, 2019 9:03 am
Forum: Personal Investments
Topic: VMMXX - [Vanguard Prime Money Market Fund vs. online bank]
Replies: 10
Views: 2541

Re: VMMXX - [Vanguard Prime Money Market Fund vs. online bank]

I live in MA. I park my emergency money in VMATX, which invests in Massachusetts Municipal Bonds. Higher and tax-free dividend rate (around 3%) compared with VMMXX, and of course, with a bit more risk. But the trade-off has been working for me. The downside seems to be limited. Even when that happe...
by LocusCoeruleus
Tue Jan 08, 2019 7:55 pm
Forum: Personal Investments
Topic: Fidelity Small-cap value fund
Replies: 29
Views: 3493

Re: Fidelity Small-cap value fund

You'll see the absence of a minimum investment requirement allows you to setup up automatic investment into funds that typical retail customer would be ineligible for, such as institutional share class with much higher minimum investment requirements giving you access to lower expense ratios. So bef...
by LocusCoeruleus
Sat Jan 05, 2019 8:58 pm
Forum: Personal Investments
Topic: Fidelity Small-cap value fund
Replies: 29
Views: 3493

Re: Fidelity Small-cap value fund

To avoid the $75 fee in fido brokeragelink : On the summary tab --> click on goto automatic investments --> put in your ticker and allocate the %age you want invested. This will bypass the $75 fee (it does for me, YMMV). If you manually purchase the fund (i.e. without going through automatic invest...
by LocusCoeruleus
Sat Jan 05, 2019 8:47 pm
Forum: Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 9389

Re: Which Money Market account now that interest rates have gone up?

I stumbled into prime admiral (VMRXX) despite not meeting their obscene minimum investment. Hopefully, they don't downgrade me in the future. There is just a 6 bp higher SEC yield than the investor share class so not quite a tremendous difference. How did you get in if you did not meet the $5mil mi...
by LocusCoeruleus
Sat Jan 05, 2019 8:35 am
Forum: Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 9389

Re: Which Money Market account now that interest rates have gone up?

I stumbled into prime admiral (VMRXX) despite not meeting their obscene minimum investment. Hopefully, they don't downgrade me in the future. There is just a 6 bp higher SEC yield than the investor share class so not quite a tremendous difference. What is the min. I use Prime now. The minimum is ab...
by LocusCoeruleus
Sat Jan 05, 2019 7:59 am
Forum: Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 9389

Re: Which Money Market account now that interest rates have gone up?

I stumbled into prime admiral (VMRXX) despite not meeting their obscene minimum investment. Hopefully, they don't downgrade me in the future. There is just a 6 bp higher SEC yield than the investor share class so not quite a tremendous difference.
by LocusCoeruleus
Sat Dec 29, 2018 11:24 am
Forum: Personal Investments
Topic: Fidelity Small-cap value fund
Replies: 29
Views: 3493

Re: Fidelity Small-cap value fund

To avoid the $75 fee in fido brokeragelink : On the summary tab --> click on goto automatic investments --> put in your ticker and allocate the %age you want invested. This will bypass the $75 fee (it does for me, YMMV). If you manually purchase the fund (i.e. without going through automatic invest...
by LocusCoeruleus
Thu Nov 01, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 90
Views: 10369

Re: I bond new rate posted - 2.83%

Anyone else who hasn't purchased yet, thinking of buying their $10k now that the fixed is at 0.5%?
by LocusCoeruleus
Wed Oct 31, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing thus far and what can I do to reduce taxes?
Replies: 35
Views: 3490

Re: How am I doing thus far and what can I do to reduce taxes?

My employer and I contribute <= 55K in 401k, and I contribute 18500×2 in 403b and 457. Per my company's HR, this is allowed. Regardless of what HR said, this does not sound right. The 403b and 401k share a combined limit, so maxing out employee/employer contribution of 55k in 401k leaves $0 in 403b...
by LocusCoeruleus
Mon Oct 01, 2018 9:13 pm
Forum: Personal Investments
Topic: New Dual Physican Couple
Replies: 73
Views: 7508

Re: New Dual Physican Couple

Mine: 14393 5.46% 186364 6.51 (government loan, eligible for forgiveness in 4 more years) 12997 3.5% Hers: 25347 8.75% (The loan I want to take care of before the new year) 66434 6.55 (The loan after) 201418 6.5 (Technically eligible for forgiveness, but she didn't start the process in residency/fe...
by LocusCoeruleus
Fri Aug 31, 2018 10:20 pm
Forum: Personal Investments
Topic: BofA/Merrill Edge or Chase Sapphire Banking/CPC?
Replies: 59
Views: 9410

Re: BofA/Merrill Edge or Chase Sapphire Banking/CPC?

CPC - Most VG admiral shares are available, at least they are on my taxable a/c. They display average tax cost basis not individual tax lots but they do keep track internally. Setting up periodic investment is manual. Funds can be wired to the brokerage, but i could only see ach pull from external a...
by LocusCoeruleus
Sat Aug 18, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: UPDATE: Credit Card Fraud - $30K
Replies: 66
Views: 9241

Re: Credit Card Fraud - $30K

OP - until a source is identified - or they tell you (unlikely), consider implementing a step wise process along the lines of: Secure your home computer - make sure you're operating system has updates installed; antivirus upto date; use a hard wired connection; Download and run a malware scanner; ru...
by LocusCoeruleus
Wed Jun 27, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 162
Views: 49526

Re: 2017 Relative Tax Efficiency

I got almost no sleep the past few days too -- I'll definitely take a deep dive into that puzzle when I'm rested. As LocusCoeruleus's post shows, I didn't realise you had snuck in a "divide by 3" onto DES. I blindly copied that downward, which meant the yield of everything I added was cut...
by LocusCoeruleus
Tue Jun 26, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 162
Views: 49526

Re: 2017 Relative Tax Efficiency

ofckrupke wrote: Mon Jun 25, 2018 11:06 pm
triceratop wrote: Mon Jun 25, 2018 10:26 pm
LocusCoeruleus wrote: Mon Jun 25, 2018 9:24 pm
Also what's the deal with picking a date of end of 2016 rather than end of 2017?
Please read the current thread in its entirety to find an answer to this question.
+1. From beginning, to end. :wink:
I prefer time travel :sharebeer
by LocusCoeruleus
Mon Jun 25, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 162
Views: 49526

Re: 2017 Relative Tax Efficiency

@AlohaJoe - Thank you so much for the revision - it is now much easier to add rows for funds we are interested in. I added a row for VIOV and it came up with a tax efficiency of 0.11 compared to 0.33 for IJS. VHT, similarly hit a remarkable 0.11 tax efficiency. Do these numbers look right? EDIT: Loo...
by LocusCoeruleus
Fri Aug 04, 2017 11:05 pm
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 109
Views: 14609

Re: Backtesting some robo-advisers asset allocations

In terms of baseline studies, we have looked at Base 70/30 (with 2 tilts) and Base 80/20. Based on the great updates by our simba expert siamond, may I propose a Base 75/25 with a slightly different Tilt (call it tilt 3): http://i.imgur.com/HWVArph.jpg http://i.imgur.com/sjAUluE.jpg http://i.imgur.c...
by LocusCoeruleus
Wed Aug 02, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: Backtesting some robo-advisers asset allocations
Replies: 109
Views: 14609

Re: Backtesting some robo-advisers asset allocations

Siamond- a request to do similar analysis for wealthfront & betterment. I love that telltale chart. Thanks!
by LocusCoeruleus
Tue Aug 01, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: 2016 Relative Tax Efficiency
Replies: 54
Views: 23198

Re: 2016 Relative Tax Efficiency

I was going to buy Vanguard total international stock market (VTIAX), but noticed the equivalent fidelity fund (FTIPX) has a significantly lower tax burden according to morning star: http://performance.morningstar.com/fund/tax-analysis.action?t=FTIPX&region=usa&culture=en_US The tax cost rat...
by LocusCoeruleus
Wed May 24, 2017 10:53 pm
Forum: Personal Investments
Topic: Help Reorganizing Investments
Replies: 6
Views: 841

Re: Help Reorganizing Investments

"~2M and is currently scattered at in ~45 holdings at several firms" Too much - I would simplify to as few accounts (and as few holdings) as possible. Ask about transferring funds in-kind. "account is managed by an advisor" - :annoyed Get rid of the advisor. Once it is setup the ...