Search found 40 matches

by ljb
Mon Dec 16, 2019 10:35 am
Forum: Investing - Theory, News & General
Topic: Why have bonds done so well in last year?
Replies: 5
Views: 472

Re: Why have bonds done so well in last year?

Thank you MotoTrojan and livesoft. That makes sense.
by ljb
Mon Dec 16, 2019 10:27 am
Forum: Investing - Theory, News & General
Topic: Why have bonds done so well in last year?
Replies: 5
Views: 472

Why have bonds done so well in last year?

The bond allocation of my portfolio has done better in the last year than I can remember. I'm no bond expert or economist and about all I know is bond prices rise with unexpected decreases in inflation and interest rates. I know that inflation has been lower than expected and the Fed has lowered rat...
by ljb
Sat Feb 02, 2019 12:39 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 158
Views: 44195

Re: 2017 Relative Tax Efficiency

I have not been able to download a copy of the spreadsheet and have the formulas work. I am an experienced Excel person with no experience with Google sheets. I can save a copy to my Google drive, but it won't allow me to see the formulas or make any changes. 1) Can someone tell a Google sheets newb...
by ljb
Wed Jan 09, 2019 10:51 am
Forum: Personal Investments
Topic: Question rolling after-tax 401k contributions to Roth IRA
Replies: 3
Views: 214

Question rolling after-tax 401k contributions to Roth IRA

My 401k plan now allows after-tax contributions, as well as pre-tax. For many years now I have contributed 10% of pre-tax salary plus received 3% pre-tax company match to my 401k. Plus I max out my Roth IRA at Vanguard ($7k in 2019 for age 52). Salary about $75k so 13% is only $9750, way under the a...
by ljb
Fri Jan 04, 2019 2:24 pm
Forum: Personal Investments
Topic: Help With Poor 401k Options
Replies: 11
Views: 849

Re: Help With Poor 401k Options

I complained to my employer about my 401k lineup. I specifically asked for some "low cost index funds like the Vanguard index funds or the Fidelity Spartan funds". To my surprise, I got a call right back letting me know that there was a Schwab "brokerage window" account that I could access that woul...
by ljb
Fri Jan 04, 2019 1:49 pm
Forum: Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 165
Views: 23130

Re: I made a mistake by not selling when the market was high this year

Sheople2, I'm so sorry, but I see now that the formula I gave yesterday is wrong. (Damn, I made several mistakes on this forum yesterday :oops: . Guess I really should stop trying to multitask while I post.). So you started with $361,000 and ended with $365,000 and put in $10,000? If that is true, t...
by ljb
Thu Jan 03, 2019 4:17 pm
Forum: Investing - Theory, News & General
Topic: The Future of Investing & And where the market is going
Replies: 32
Views: 3370

Re: The Future of Investing & And where the market is going

Re: international and emerging markets, I have exactly zero (except to the extent that total stock market includes some multi-national activity). Why? Because although I know there is potentially a lot more growth ex-US, maybe there is a lot more corruption ex-US as well, or other negatives of whic...
by ljb
Wed Jan 02, 2019 10:27 am
Forum: Investing - Theory, News & General
Topic: Absurd Adviser Fees!
Replies: 16
Views: 2945

Re: Absurd Adviser Fees!

Ric Edelman, Dave Ramsey and Click and Clack are all great radio entertainment. But for investing, I wouldn't trust any of them. Well maybe Click and Clack as they don't have lining their pockets with exorbinent fees as their way of life. I just did my annual roll up of investments today. On $2,209...
by ljb
Wed Jan 02, 2019 9:36 am
Forum: Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 165
Views: 23130

Re: I made a mistake by not selling when the market was high this year

Your 52, same age as me, which means you potentially have the opportunity to accumulate for quite a few more years before you have to start taking withdrawals. Did you know that, as a person with SSDI income, you qualify to make contributions to a Roth IRA? IRS regulation require that someone must h...
by ljb
Wed Jan 02, 2019 9:25 am
Forum: Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 165
Views: 23130

Re: I made a mistake by not selling when the market was high this year

I think Silverado is incorrect. In addition to being impolite. Sorry, sheople2 about the responses you got that weren't polite. Your gain for the year on your entire portfolio in dollars = Balance as of 1/1/2018 + Total you added during the year - Total you withdrew during the year - Balance as of 1...
by ljb
Wed Jan 02, 2019 8:36 am
Forum: Personal Investments
Topic: Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs
Replies: 11
Views: 824

Re: Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs

This was a criticism leveled at Vanguard by its competitors when they patented and adopted the dual share class structure. It simply hasn't proven to be true. It also ignores the fact that ETFs can manufacture creations and redemptions of whatever size is necessary to wash out capital gains. (ETFs ...
by ljb
Wed Jan 02, 2019 6:05 am
Forum: Personal Investments
Topic: Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs
Replies: 11
Views: 824

Re: Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs

I've been thinking about this more. Isn't it true that the reason that Vanguard Total Stock Market Index fund has been able to avoid distributing capital gains is because there have been net inflows into the fund since inception? If the fund were to fall out of favor and enough shares were sold off ...
by ljb
Mon Dec 31, 2018 10:22 pm
Forum: Personal Investments
Topic: Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs
Replies: 11
Views: 824

Re: Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs

Thank you, livesoft and triceratops, for the spreadsheet that quantifies tax efficiency. The ranking is very interesting.

Thanks, grabiner, for the informed explanation. VTI is appearing better and better.

The people on the forum are so informed and helpful!

Lisa
by ljb
Mon Dec 31, 2018 10:02 pm
Forum: Personal Investments
Topic: Anyone else in frontier markets?
Replies: 31
Views: 2052

Re: Anyone else in frontier markets?

Nisiprius, thanks for responding, because you are one of my favorite and most respected contributors here. As I said, I only put *half* of my 4% play allocation in FM, or just 2%. I don't think I will reveal what I put the other 2% in ­čśë. Thanks for the dollar figures on the market cap of frontier ma...
by ljb
Mon Dec 31, 2018 8:06 pm
Forum: Personal Investments
Topic: Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs
Replies: 11
Views: 824

Tax efficiency of vanguard stock ETFs vs non-Vanguard ETFs

Please help an ETF newbie . . . I have a basic understanding that ETFs are more tax efficient than a similar mutual fund, because mutual funds are required to distribute capital gains when they sell stocks, but the market-makers for an ETF reduce the volume of stocks that an ETF must distribute capi...
by ljb
Mon Dec 31, 2018 5:43 pm
Forum: Personal Investments
Topic: Anyone else in frontier markets?
Replies: 31
Views: 2052

Anyone else in frontier markets?

I have 4% of my portfolio set aside for play/risky investments. Some years ago I decided to put half of my play money into frontier markets. I chose this etf:. iShares MSCI Frontier 100 (ticker=FM). Being the boglehead that I am, I chose FM because: 1) it had the lowest ER I could find among frontie...
by ljb
Thu Dec 27, 2018 12:30 pm
Forum: Personal Investments
Topic: How to sell VTSAX for tax gain harvest and rebuy immediately?
Replies: 16
Views: 1274

Re: How to sell VTSAX for tax gain harvest and rebuy immediately?

--> if you "schedule a buy in advance, and then manually sell on the same day" before closing hour both would occur at the same price. This is exactly my intent. The purpose of the sale is to get the gain realized, since I am in the 0% CG tax bracket. The purpose of the buy is because I want to main...
by ljb
Thu Dec 27, 2018 10:57 am
Forum: Personal Investments
Topic: How to sell VTSAX for tax gain harvest and rebuy immediately?
Replies: 16
Views: 1274

Re: How to sell VTSAX for tax gain harvest and rebuy immediately?

--> when I sell Vanguard funds I think there is usually a notice stating that I am prohibited from re-buying that fund for 30 days. (Not a tax thing, but rather a Vanguard policy). Oh, yes, I forgot about that, thanks. However, I did learn from this forum a nifty trick:. Vanguard doesn't enforce it'...
by ljb
Thu Dec 27, 2018 10:40 am
Forum: Personal Investments
Topic: How to sell VTSAX for tax gain harvest and rebuy immediately?
Replies: 16
Views: 1274

How to sell VTSAX for tax gain harvest and rebuy immediately?

I am in 0% cap gains tax bracket. I've decided to sell all of my shares of VTSAX that I have in taxable to harvest the gain. Can I somehow sell and rebuy in same day or do I have to be out if the market for one day? I don't like etf's because I seem to always be at work when the markets are open and...
by ljb
Wed Dec 26, 2018 1:53 pm
Forum: Personal Investments
Topic: Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket
Replies: 5
Views: 429

Re: Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket

That was supposed to start "Thanks, rhusky" . . .
by ljb
Wed Dec 26, 2018 1:53 pm
Forum: Personal Investments
Topic: Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket
Replies: 5
Views: 429

Re: Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket

That was supposed to start "Thanks, rhusky" . . .
by ljb
Wed Dec 26, 2018 1:52 pm
Forum: Personal Investments
Topic: Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket
Replies: 5
Views: 429

Re: Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket

Rhanjs, rhusky. You are right, under new 2018 tax law, I am in 12% income tax bracket. Sorry, my mistake. I think I have to decide between harvesting the $1,500 loss which will save me 12% * $1,500 = $180 taxes this year, or harvesting the $3,000 gain which will save me having to pay Capital Gains o...
by ljb
Wed Dec 26, 2018 11:16 am
Forum: Personal Investments
Topic: Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket
Replies: 5
Views: 429

Tax Loss and Gain Harvesting for those in 0% cap gains tax bracket

I am in 15% income tax bracket and the 0% cap gains bracket. I'm not very experienced in in TLH since nearly all my holdings are in tax advantaged accounts. I expect to be in the 15% cap gains tax bracket evantually, but probably not for about 3 more years. This year, I have net unrealized LT losses...
by ljb
Sat Dec 22, 2018 5:11 pm
Forum: Personal Investments
Topic: How to find today's US/Intl split in Total World Stock Index
Replies: 2
Views: 497

How to find today's US/Intl split in Total World Stock Index

Went to the fund overview page for Total World Stock Index, but the most recent data reported it is from November. How do I find the most up-to-date information on what the current split is?

Thanks, Lisa
by ljb
Wed Dec 19, 2018 12:41 pm
Forum: Personal Investments
Topic: How to make monitoring for rebalancing less manual?
Replies: 8
Views: 531

Re: How to make monitoring for rebalancing less manual?

Thanks, all for your suggestions. Setting up Excel to lookup current share price sounds like a great idea for me. I've never heard of that before, but it doesn't surprise me that Excel has that capability. I'm still concerned about automatic reinvestment of dividends and distributions however. Divid...
by ljb
Wed Dec 19, 2018 12:15 pm
Forum: Personal Investments
Topic: How to make monitoring for rebalancing less manual?
Replies: 8
Views: 531

How to make monitoring for rebalancing less manual?

I try to rebalance my four fund portfolio annually, but often procrastinate. Also, I would like to switch from rebalancing annually to by bands. My four funds are spread across 2 IRAs and a taxable account. What I've always done to rebalance is log onto Vanguard, and manually input all of my balance...
by ljb
Mon Dec 10, 2018 1:13 pm
Forum: Personal Investments
Topic: Tax gain harvesting for UTMA acoount
Replies: 15
Views: 981

Re: Tax gain harvesting for UTMA acoount

Learning all the tax issues thoroughly can be daunting. I suggest: buy a good tax software program (TurboTax recommended) asap and put in estimated numbers for 2018 before the end of 2018. Whether the whole gain or part of it can be taken with no capital gains tax rate will depend on several things:...
by ljb
Mon Dec 10, 2018 12:48 pm
Forum: Personal Investments
Topic: Can US investor buy non-distributing mutual funds?
Replies: 8
Views: 437

Re: Can US investor buy non-distributing mutual funds?

Thank you, senex. I am always amazed at the depth of knowledge on this board. I agree that the risks and expenses of non-US entities sound daunting, definitely far beyond reasonable for my estate planning purposes, which is why I am considering establishing a trust.
by ljb
Mon Dec 10, 2018 12:41 pm
Forum: Personal Investments
Topic: Can US investor buy non-distributing mutual funds?
Replies: 8
Views: 437

Re: Can US investor buy non-distributing mutual funds?

Thank you, Jags4186 and TedSwippit. I read the links you provided . . . Very interesting and complex. I'm not surprised that the IRS has not left open this approach to defer the taxes on distributions, but now I know more about it.
by ljb
Mon Dec 10, 2018 11:41 am
Forum: Personal Investments
Topic: Can US investor buy non-distributing mutual funds?
Replies: 8
Views: 437

Can US investor buy non-distributing mutual funds?

I understand that US-domiciled mutual funds like Vanguard's must distribute some capital gains and interest by law. Is it possible for US investor to buy a broad indexed portfolio, like the classic boglehead 3or4 fund portfolio, with ETFs or mutual funds that don't distribute income and capital gain...
by ljb
Fri Dec 07, 2018 9:30 pm
Forum: Investing - Theory, News & General
Topic: The best way to invest is through benign neglect
Replies: 16
Views: 2275

Re: The best way to invest is through benign neglect

A wise man once told me "Look at your portfolio every day and you will always be unhappy. Look at it every ten years, and you will always be happy." I too largely missed the horror of the 2008 crash, because I has my 401k and Roth contributions automated and hardly ever looked at my balances. At tha...
by ljb
Fri Dec 07, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Help finding chart concerning diversification and Japanese stock market crash
Replies: 4
Views: 351

Re: Help finding chart concerning diversification and Japanese stock market crash

I read your paper, diamond, and appreciate you sharing. I wouldn't call it a modest write-up, more like a well-researched study on an important topic. I appreciated that you data goes through 2016. Also that you compare 60/40 against 80/20 portfolios. I sleep well at night, knowing that my portfolio...
by ljb
Fri Dec 07, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: Help finding chart concerning diversification and Japanese stock market crash
Replies: 4
Views: 351

Re: Help finding chart concerning diversification and Japanese stock market crash

Thank you, longvest. Just what I was looking for. I read the Vanguard white papers, where they often refer to a 60/40 portfolio that includes both domestic and international in both stocks and bonds as a common recommended standard. I think one white paper referred to this as "the agnostic portfolio...
by ljb
Fri Dec 07, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: Help finding chart concerning diversification and Japanese stock market crash
Replies: 4
Views: 351

Help finding chart concerning diversification and Japanese stock market crash

I saw a chart on one of the boglehead forums in the last few years that I can't seem to find again. It showed how three different portfolios performed in the decades following the Nikkei stock market crash of 1990. if I remember correctly the three portfolios were: (1) 100% Japanese stocks, (2) 60% ...
by ljb
Mon Jul 31, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover 529 to 529A ABLE Account
Replies: 1
Views: 924

Re: Rollover 529 to 529A ABLE Account

I have read that Congress considered allowing rollovers from 529 to 529A without any taxes or penalties, but they never passed it. Still under consideration, I think.
by ljb
Mon Jul 31, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: When is transfer of ownership of 529 plan a taxable event?
Replies: 18
Views: 14416

Re: When is transfer of ownership of 529 plan a taxable event?

Well, I was able to find the answer myself and it is more straightforward than I expected. From IRS Publication 970, page 60: "Rollovers and Other Transfers Assets can be rolled over or transferred from one QTP to another. In addition, the designated beneficiary can be changed without transferring a...
by ljb
Mon Jul 31, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: When is transfer of ownership of 529 plan a taxable event?
Replies: 18
Views: 14416

When is transfer of ownership of 529 plan a taxable event?

I'm trying to research this issue online and not getting anywhere. I know that the transfer of ownership from one spouse to another spouse that is part of a divorce settlement is not a taxable event. I know that because ex-husband and I did that when we got divorced a few years ago. But what about o...
by ljb
Sun Jun 25, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: How can undistributed trust income be taxed at beneficiary tax rate?
Replies: 6
Views: 2124

Re: How can undistributed trust income be taxed at beneficiary tax rate?

I'm not sure what you meant about me being "a ringer", but I'll take it as a compliment :D . . . I'm really just a mom who wants to save money and has been doing A LOT of reading on the internet. I do have an attorney, who is very nice kindly old man and inexpensive, but I'm afraid that he doesn't d...
by ljb
Sun Jun 25, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: How can undistributed trust income be taxed at beneficiary tax rate?
Replies: 6
Views: 2124

Re: How can undistributed trust income be taxed at beneficiary tax rate?

Thank you FBN and Lastrun for the ideas. It's a brand new idea to me, Lastrun, to structure the trust so that son is the grantor to get taxation at his rate. Thank you! I did have another idea myself after I posted my question. Instead of not distributing the income to allow it to accumulate within ...
by ljb
Fri Jun 23, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: How can undistributed trust income be taxed at beneficiary tax rate?
Replies: 6
Views: 2124

How can undistributed trust income be taxed at beneficiary tax rate?

My question is about possible tax advantages of putting money in trust for the benefit of my adult son who is in the zero income tax bracket. He has multiple challenges and is likely to be in a zero or low tax bracket all of his life. Is it possible to draft the trust so that in the early years the ...