Search found 39 matches

by jsmoove123
Sat Feb 16, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Filing taxes as custodian for UTMA account
Replies: 11
Views: 563

Re: Filing taxes as custodian for UTMA account

Sounds like it's at the least, a good idea to file if I am doing tax gain harvesting. For dividends received (for which I'm not mandated to file), would it be a "good idea" too, or unnecessary for cost basis/accounting purposes?
by jsmoove123
Sat Feb 16, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Filing taxes as custodian for UTMA account
Replies: 11
Views: 563

Re: Filing taxes as custodian for UTMA account

Thanks, and just to confirm, every time I do a tax-gain harvest, I should file a return?
by jsmoove123
Sat Feb 16, 2019 2:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 181
Views: 22722

Re: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)

For VTWAX in my Google Sheets, I use:

Code: Select all

=index(importxml("https://finance.yahoo.com/quote/VTWAX","//span"),16)
instead of googlefinance.
by jsmoove123
Sat Feb 16, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Filing taxes as custodian for UTMA account
Replies: 11
Views: 563

Filing taxes as custodian for UTMA account

I have a young child with an UTMA invested in a few stocks, and me as custodian. This account has $38 in qualified dividends, and $40 overall in dividends. I understand that with unearned income under $1050, I will not need to file a tax return. However, I want to make sure that I am not losing out ...
by jsmoove123
Thu Feb 07, 2019 4:47 pm
Forum: Personal Investments
Topic: Opinion on VTWAX [Vanguard Total World Stock]
Replies: 117
Views: 17629

Re: Opinion on VTWAX

I love the idea of VTWAX as part of a 2-fund portfolio and am satisfied with its features including ~55:45 ratio, ER 0.10% etc. However, I have multiple 401k accounts that do not have commission-free VTWAX or VT. So ironically VTWAX would create more complexity in my overall asset accounting. I'm cu...
by jsmoove123
Fri Jan 25, 2019 11:26 am
Forum: Investing - Theory, News & General
Topic: Bonds Boost Return During Accumulation?
Replies: 7
Views: 795

Re: Bonds Boost Return During Accumulation?

Is there a point where the higher volatility drag of a 100% equity portfolio ends up giving lower returns than 80/20 etc? Or has 100% equity historically won in any given long term period (e.g. 20 year)?
by jsmoove123
Fri Jan 25, 2019 3:16 am
Forum: Personal Investments
Topic: Fidelity/BrokerageLink version of VTWSX (Total World)
Replies: 10
Views: 918

Re: Fidelity/BrokerageLink version of VTWSX (Total World)

Thanks, I hadn't thought about it, but now that you mention it, if I am maxing out my 401k at $19,000 and incur $4.95 * 26 = $128.70 in fees for biweekly contributions, that is like a 0.68% front-end load, isn't it?
by jsmoove123
Fri Jan 25, 2019 2:34 am
Forum: Personal Investments
Topic: Fidelity/BrokerageLink version of VTWSX (Total World)
Replies: 10
Views: 918

Fidelity/BrokerageLink version of VTWSX (Total World)

With the upcoming Total World Admiral Shares, I'm entertaining the possibility of a 2 fund portfolio: Total World Stock + Total US Bond. I have a large portion of my investments in 401ks that have BrokerageLink, and was hoping to find a Fidelity mutual fund or commission-free ETF to go with my VTWSX...
by jsmoove123
Thu Jan 10, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 94
Views: 9617

Re: Reasons to own Vanguard ETFs over Admiral shares?

If you want to hold the Vanguard Total World Stock Index , it would be ideal to do it via the ETF because the expense ratio (0.10%) is lower than the mutual fund (0.19%). That's a good observation. That's because VT does not have corresponding MF with Admiral shares (only with Investor shares). Thi...
by jsmoove123
Sat Dec 22, 2018 5:40 pm
Forum: Personal Investments
Topic: accidental TLH wash sale in trust and bookkeeping
Replies: 5
Views: 328

Re: accidental TLH wash sale in trust and bookkeeping

Note that even if Vanguard does not indicate a wash sale, you are still required to report it. Which is what I will need to do, since I accidentally created a small wash with my wife's IRA. Vanguard did not catch that either. So you had to report it as a wash sale, then do you keep your separate sp...
by jsmoove123
Sat Dec 22, 2018 3:30 pm
Forum: Personal Investments
Topic: accidental TLH wash sale in trust and bookkeeping
Replies: 5
Views: 328

Re: accidental TLH wash sale in trust and bookkeeping

Grantor trust, irrevocable. I am the trustee and only beneficiary.
by jsmoove123
Sat Dec 22, 2018 10:18 am
Forum: Personal Investments
Topic: accidental TLH wash sale in trust and bookkeeping
Replies: 5
Views: 328

accidental TLH wash sale in trust and bookkeeping

Yesterday, I exchanged X shares of VTSAX at a loss, for VLCAX in my VG brokerage account. I forgot to take into account a large purchase of 6X shares of VTSAX 2 days prior, in a trust account at VG for which I am trustee and beneficiary. I see now that I created a wash sale, and am trying to figure ...
by jsmoove123
Wed Dec 19, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1197
Views: 145777

Re: Fidelity as a one stop shop

Does it concern any of you guys that the CMA/"checking" account is directly linked to the brokerage account, whether by explicit overdraft protection or not? Not only is a one-stop shop equal to "putting all your eggs in one basket", but now there's even a direct linkage between a checking account a...
by jsmoove123
Wed Dec 05, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 80
Views: 9018

Re: Flaw in Logic? CD ladder instead of bond funds

Onourway, could you recommend a way to compare past return rates of a (for instance) BND to a CD ladder? I know past returns aren't an indicator of future returns but I'd like to compare them anyway for an additional data point. Remember that the stated yield on a CD is its total return. The stated...
by jsmoove123
Tue Dec 04, 2018 4:13 pm
Forum: Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 88
Views: 27674

Re: Schwab Vs Fidelity Vs Vanguard

Those are the three best. I rolled over a Vanguard 401k to Vanguard IRA for the simple reason of 1. Lower expenses (small 401k balance) 2. More fund selection , more transaction options , and simplicity (already had Vanguard IRA) 3. Creditor protection diversification (401k balance tends to grow mu...
by jsmoove123
Mon Nov 12, 2018 6:38 pm
Forum: Personal Investments
Topic: Help to understand bonds maturity vs investment timeline
Replies: 3
Views: 418

Re: Help to understand bonds maturity vs investment timeline

I'm curious about the mechanics of this. If you do have a 5 year timeline, you could start with an intermediate term fund. One year later, however, your investment timeline is now 4 years but your IT fund still has a duration 5-6 years. Do you have to continually shift a percentage of IT funds into ...
by jsmoove123
Mon Nov 12, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1897

Re: Vanguard 2018 Preliminary capital gains estimates.

So is the conclusion that the institutional TSM funds VITNX and VITPX do not benefit from Vanguard's special ETF/share class patent? For the vast majority of people I presume it doesn't matter since if they had some of those institutional shares, they'd be held in 401ks rather than taxable accounts.
by jsmoove123
Fri Nov 09, 2018 1:09 pm
Forum: Personal Investments
Topic: Workplace 401k Fees being added
Replies: 7
Views: 941

Re: Workplace 401k Fees being added

One thing to consider with rolling it to an IRA is protection from lawsuits. 401ks are protected from lawsuits in all states whereas IRA protection depends on the state. For this reason we moved my husband's IRA into his 401k even though the fees are higher in the 401k. Does this actually confer th...
by jsmoove123
Tue Oct 16, 2018 1:00 am
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting question
Replies: 20
Views: 2962

Re: Tax loss harvesting question

Sell all the VOO shares that you bought on 9/17 and there will be no wash sale. If you don't sell all of them, you'll end up with a partial/complete wash sale.

There's a "Cost Basis" tab which shows your lots (if you picked specific ID of shares) and is useful for TLH purposes.
by jsmoove123
Sat Oct 13, 2018 10:28 pm
Forum: Personal Consumer Issues
Topic: Need new email address. Gmail or ???
Replies: 70
Views: 5779

Re: Need new email address. Gmail or ???

m@ver1ck wrote:
Sat Oct 13, 2018 10:22 pm
I would go with microsoft's outlook.com account. With Google, you're the product. With Microsoft, email is the product.
What makes you say that?
by jsmoove123
Fri Sep 28, 2018 4:00 pm
Forum: Personal Investments
Topic: Using Equity (VTSAX) Dividends to Buy Bond Fund (VBTLX)
Replies: 8
Views: 905

Re: Using Equity (VTSAX) Dividends to Buy Bond Fund (VBTLX)

Sure. I don't reinvest dividends in taxable accounts into stocks or bonds. They pay into a money market fund and then I use whats in the money market fund to rebalance into whatever asset class I need to buy to maintain my asset allocation. In retirement accounts I just rebalance once or twice per ...
by jsmoove123
Fri Sep 28, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: VTI vs VTSAX [Vanguard Total Stock Mkt ETF vs. Admiral Shares]
Replies: 12
Views: 2378

Re: VTI vs VTSAX [Vanguard Total Stock Mkt ETF vs. Admiral Shares]

From a pure dividend distribution perspective, is there a best day or worst day in a month to buy shares of VTSAX, or can I trust that this is all "priced in" and that I won't unnecessarily lose money?
by jsmoove123
Sun Sep 23, 2018 5:50 pm
Forum: Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 13139

Re: How real is cyber risk?

tuningfork wrote:
Sun Sep 23, 2018 2:07 pm
With this in mind, imagine what could happen if a hacker breaks into the Bogleheads server and steals the phpBB users table.
Big yikes, hopefully there is a way to encrypt/hash this?
by jsmoove123
Fri Sep 21, 2018 11:44 am
Forum: Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 13139

Re: How real is cyber risk?

Given the length of this thread and the depth of technical discussion, we really need a hero to step up and provide succinct "best practices" guidelines in layman's terms. Maybe one "essentials" guide for the majority of people, and maybe another guide for those who want absolutely rigorous security...
by jsmoove123
Thu Sep 20, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds vs. Individual Bonds: Can someone quanitfy?
Replies: 31
Views: 2184

Re: Bond Funds vs. Individual Bonds: Can someone quanitfy?

What if you're retired and taking monthly redemptions from your total return managed portfolio or bond funds? Then your investment horizon is 30 days, and 6.2 years duration (TBM) is much greater than 30 days. So this common investment situation fails the "rising interest rates will NOT hurt you" t...
by jsmoove123
Thu Sep 20, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Bond Funds vs. Individual Bonds: Can someone quanitfy?
Replies: 31
Views: 2184

Re: Bond Funds vs. Individual Bonds: Can someone quanitfy?

What if you're retired and taking monthly redemptions from your total return managed portfolio or bond funds? Then your investment horizon is 30 days, and 6.2 years duration (TBM) is much greater than 30 days. So this common investment situation fails the "rising interest rates will NOT hurt you" t...
by jsmoove123
Tue Sep 18, 2018 12:33 pm
Forum: Personal Investments
Topic: transferring in-kind VPMAX to Fidelity Roth IRA?
Replies: 5
Views: 535

Re: transferring in-kind VPMAX to Fidelity Roth IRA?

If I've already got the VPMAX in the 401k, do I need to exchange it for something else before converting that portion to the Roth IRA? Can a Fidelity Roth IRA hold VPMAX?
by jsmoove123
Mon Sep 17, 2018 8:36 pm
Forum: Personal Investments
Topic: transferring in-kind VPMAX to Fidelity Roth IRA?
Replies: 5
Views: 535

transferring in-kind VPMAX to Fidelity Roth IRA?

I have some after-tax VPMAX (Vanguard PRIMECAP Admiral) in a 401k run by Fidelity/NetBenefits, and plan to do a Mega Backdoor Roth conversion to my empty Roth IRA at Fidelity. Can they convert/transfer this VPMAX in-kind?
by jsmoove123
Sun Sep 16, 2018 1:47 pm
Forum: Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 13139

Re: How real is cyber risk?

Complexity AND length are your two deterrents to keeping your password more secure. From a pure math perspective, you are correct. The problem is a human one: Password 1: sgKu72)f+13^%$z Password 2: When I was a boy I liked to eat hot dogs. The first one is impossible for anyone to remember, and is...
by jsmoove123
Sun Sep 09, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 58
Views: 6460

Re: Is individual Bonds better than Bond Fund?

But sooner or later the (constant) maturity of a fund goes past the date when you'll actually spend the money. Then it's taking extra duration risk to use a conventional bond fund compared to buying specific bonds for that date (or one of the unusual bond funds with a fixed maturity date). Not a ma...
by jsmoove123
Sun Sep 09, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 58
Views: 6460

Re: Is individual Bonds better than Bond Fund?

Superficially it makes sense that holding a bond guarantees a return on principal, but isn't this just an illusion? By holding the old bond, you're giving up the higher yield you would get by buying a new one. You can even calculate the break-even point where the new rate will make up for the loss ...
by jsmoove123
Mon Sep 03, 2018 10:42 pm
Forum: Personal Investments
Topic: How do you count investments you can't change when trying to do a 3-fund portfolio
Replies: 6
Views: 892

Re: How do you count investments you can't change when trying to do a 3-fund portfolio

Does your 401k fund fit into one of the large categories of Domestic Stock, International Stock, or Bond? e.g. I have PRIMECAP and a S&P 500 index fund and I count both as "Domestic Stock", equivalent to my VTSAX in terms of AA. I'm not intentionally trying to tilt, and it's too hard for me to keep ...
by jsmoove123
Sun Sep 02, 2018 12:50 pm
Forum: Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 115
Views: 9660

Re: Is it time to go shorter in bonds ?

Checking Yahoo Finance, it looks like VUSTX really was up 30% in 1995. https://finance.yahoo.com/quote/VUSTX/performance?p=VUSTX Those years were quite a roller coaster ride in bonds !! Is there a basic explanation on how bond funds correlate with the underlying bond holdings or the stated SEC yiel...
by jsmoove123
Sun Sep 02, 2018 10:26 am
Forum: Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 115
Views: 9660

Re: Is it time to go shorter in bonds ?

Not to derail the subject at hand, but I noticed there was a 30% return for long-term in 1995 - what the heck happened? A quick Google search shows FFR 5-6%, 30-yr Treasury ~8%, inflation 2-3%, mortgage rates 8-9%.
by jsmoove123
Thu Jul 26, 2018 12:05 pm
Forum: Personal Investments
Topic: Wash Sale, now what?
Replies: 14
Views: 1250

Re: Wash Sale, now what?

Everything you're saying is making sense so far, however, can you provide an example in which an individual commits a wash sale by "buying a substantially identical stock" within the prior 30 days before the wash sale? Does this mean you have to sell all the shares which were purchased in the past 3...
by jsmoove123
Wed Jul 25, 2018 8:15 am
Forum: Personal Investments
Topic: Wash Sale, now what?
Replies: 14
Views: 1250

Re: Wash Sale, now what?

Then why do they have to specify that the 30 day rule applies to purchases made after the sale AND BEFORE the sale?
by jsmoove123
Wed Jul 25, 2018 1:02 am
Forum: Personal Investments
Topic: Wash Sale, now what?
Replies: 14
Views: 1250

Re: Wash Sale, now what?

Does the "preceding 30 day" rule mean that you cannot TLH unless all your tax lots were purchased more than 30 days ago? e.g. say I have automatic monthly purchases on the 1st of each month (Jan 1, Feb 1, Mar 1) and I see a TLH opportunity on Mar 15, can I sell the lot purchased on Mar 1 and avoid a...
by jsmoove123
Sun Oct 22, 2017 12:04 am
Forum: Personal Finance (Not Investing)
Topic: UTMA bridge account?
Replies: 2
Views: 345

UTMA bridge account?

Hi, I’m starting a UTMA account for my 1 year old son. I plan to put his cash gifts there, take advantage of tax gain harvesting as much as possible, and would like to use at least some portion of the funds to pay for things for him during his childhood (music lessons, sports, personal electronics, ...