Search found 163 matches

by Global100
Wed Jun 03, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 210
Views: 28220

Re: [Marcus Savings Account - Interest rate is now 1.7%]

Marcus lowered the APY on their No Penalty CD from 1.30% to 1.20%. Their current online savings interest is still 1.30% for now.
by Global100
Fri May 15, 2020 11:44 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 162
Views: 17184

Re: Marcus or Ally

Marcus dropped their interest rate for 7 month No Penalty CD from 1.55% to 1.30%, which is now the same as their current basic savings interest rate.
by Global100
Fri May 08, 2020 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: [Marcus Savings Account - Interest rate is now 1.7%]
Replies: 210
Views: 28220

Re: [Marcus Savings Account - Interest rate is now 1.7%]

Marcus only requires a minimum $500 for their no-penalty CDs (currently at 1.55% for a seven month term). The funds are only locked for the first seven days but then are accessible. But if you want to withdraw even $1 from the CD, then you have to close the entire CD to access the funds (and possibl...
by Global100
Thu May 07, 2020 10:43 pm
Forum: Personal Investments
Topic: Vanguard MF - Time necessary to wait before selling initial purchase
Replies: 6
Views: 408

Re: Vanguard MF - Time necessary to wait before selling initial purchase

I bought into VTSAX in a taxable account a few weeks before COVID hit at the 3k minimum and I am already down considerably. I am not worried about the loss (it is a long term investment) but I'd still like to use the opportunity to sell/exchange for the purpose of tax loss harvesting. I understand ...
by Global100
Sat May 02, 2020 11:19 am
Forum: Investing - Theory, News & General
Topic: S&P500 >>> Total Stock Market?
Replies: 30
Views: 2680

Re: S&P500 >>> Total Stock Market?

Tax loss harvest partner funds.
by Global100
Mon Apr 27, 2020 1:12 pm
Forum: Personal Investments
Topic: Help me quantify the tax efficiency of Vanguard Mutual Funds
Replies: 17
Views: 1393

Re: Help me quantify the tax efficiency of Vanguard Mutual Funds

Stupid question, but when FSKAX sends out $898 in capital gains distributions, that goes into my pocket as cash. I am assuming VTSAX must also have cap gains distributions (or be doing something) to make the total return equivalent to FSKAX, right? Do they get reinvested internally, so that the NAV...
by Global100
Mon Apr 27, 2020 12:33 am
Forum: Personal Investments
Topic: Help me quantify the tax efficiency of Vanguard Mutual Funds
Replies: 17
Views: 1393

Re: Help me quantify the tax efficiency of Vanguard Mutual Funds

Here's a larger balance comparison with dividends automatically reinvested in two low expense ratio Total U.S. Market index funds: FSKAX (Fidelity) and VTSAX (Vanguard). FSKAX Distributes in April and December Buy $500,000 FSKAX on 1-02-2019 at NAV $70.66 equals 7076.139 shares April 2019 DIVIDENDS ...
by Global100
Sun Apr 26, 2020 9:07 pm
Forum: Personal Investments
Topic: Help me quantify the tax efficiency of Vanguard Mutual Funds
Replies: 17
Views: 1393

Re: Help me quantify the tax efficiency of Vanguard Mutual Funds

Comparing two mutual funds: VFIAX (Vanguard) and FXAIX (Fidelity) are both S&P 500 index funds. On January 4, 2019, an investor bought $10,000 of each fund in taxable accounts. The NAV for VFIAX ($233.82) purchased 42.768 shares. The NAV for FXAIX ($87.99) purchased 113.649 shares. For simplicity, t...
by Global100
Sat Apr 18, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Parent is working grueling job, considering retiring just a few years before pension. How else can I help her decide?
Replies: 50
Views: 3581

Re: Parent is working grueling job, considering retiring just a few years before pension. How else can I help her decide

...she's very sleepy and not getting enough sleep, daily tasks are becoming a bit harder for her, never enough time, etc. she could spend some of her earnings to hire a housekeeper, and/or other laborers to reduce or eliminate her routine work around the home. More of her time outside of work becom...
by Global100
Wed Apr 15, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25275

Re: IRS Get My Payment up and running

I entered the information requested. The site indicated that we were eligible for a payment, but they didn't have our banking information, despite our having used the same checking account for direct withdrawal of our 2019 amount due and direct deposit of our 2018 refund. So I got out the checkbook...
by Global100
Mon Apr 13, 2020 1:46 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - 60 Day Qualified Dividend Rule
Replies: 10
Views: 857

Re: Tax Loss Harvesting - 60 Day Qualified Dividend Rule

Good news: if you've already held all the VTSAX shares that earned the dividend for the minimum holding period, then you can harvest those shares now and count the qualified dividends as qualified. So, if I've held shares in VTSAX for a year, and those are the shares I want to tax loss harvest, not...
by Global100
Mon Apr 13, 2020 1:32 am
Forum: Personal Finance (Not Investing)
Topic: Unemployment vs. work at Amazon warehouse/CA
Replies: 84
Views: 5957

Re: Unemployment vs. work at Amazon warehouse/CA

phxjcc wrote: Sun Apr 12, 2020 5:53 pm Watch this show, at least the part about the warehouse work.

https://www.pbs.org/wgbh/frontline/film/amazon-empire/
The fulfillment employee section of the video starts around the 30:00 mark (about 13 minutes long).
by Global100
Sun Apr 12, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - 60 Day Qualified Dividend Rule
Replies: 10
Views: 857

Re: Tax Loss Harvesting - 60 Day Qualified Dividend Rule

Good news: if you've already held all the VTSAX shares that earned the dividend for the minimum holding period, then you can harvest those shares now and count the qualified dividends as qualified. So, if I've held shares in VTSAX for a year, and those are the shares I want to tax loss harvest, not...
by Global100
Sat Apr 11, 2020 1:07 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - 60 Day Qualified Dividend Rule
Replies: 10
Views: 857

Re: Tax Loss Harvesting - 60 Day Qualified Dividend Rule

The minimum holding period for your VTSAX shares to earn qualified dividends paid to you is at least 61 days out of the 121-day period that began 60 days before the VTSAX ex-dividend date . I'm a bit confused by what restrictions the 60-day qualified dividend rule may have on potential tax loss harv...
by Global100
Tue Apr 07, 2020 10:54 am
Forum: Personal Investments
Topic: Best TLH partner for Total Stock Market (VTSAX)?
Replies: 26
Views: 3286

Re: Best TLH partner for Total Stock Market (VTSAX)?

Edited to add: I decided recently to tax loss harvest shares of VTSAX into only VFIAX (no VEXAX yet). I didn't want to replace those VTSAX shares for a very very close position (VFIAX + VEXAX in the current ratio) during the wash sale period while claiming the loss. I don't want to be the IRS examp...
by Global100
Mon Apr 06, 2020 9:31 pm
Forum: Personal Investments
Topic: Best TLH partner for Total Stock Market (VTSAX)?
Replies: 26
Views: 3286

Re: Best TLH partner for Total Stock Market (VTSAX)?

Sell VTSAX and buy S&P 500 Index Fund (VFIAX) plus the Extended Market completion index (VEXAX) in the proportion mentioned in the BH wiki: https://www.bogleheads.org/wiki/Approximating_total_stock_market Currently it's about 82% VFIAX and 18% VEXAX. This duo of mutual funds has a very slightly hig...
by Global100
Fri Mar 20, 2020 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 252
Views: 23463

Re: Ally 1% bonus, up to $250

Funds that are initiated to transfer by ACH on the morning of the 31st probably won't qualify toward the bonus. The account needs to be in receipt of the funds (minimum $1,000; max $25,000) by Tuesday March 31st for that amount to start the qualifying holding period through 6/30 to potentially earn ...
by Global100
Tue Mar 17, 2020 8:25 pm
Forum: Personal Investments
Topic: TLH and frequent trading policy
Replies: 4
Views: 303

Re: TLH and frequent trading policy

I can't buy VTSAX until April 10th due to Vanguard's frequent trader policy. I see VLCAX is scheduled to pay a dividend on 3/24. I realize I'd have to hold this fund for 60 days for this dividend to be qualified. I also have a large unrealized loss in the position. Would it make sense to set up an ...
by Global100
Mon Mar 16, 2020 9:09 am
Forum: Personal Investments
Topic: Safety of Money Market Funds Currently
Replies: 149
Views: 12434

Re: Safety of Money Market Funds Currently

technovelist wrote: Mon Mar 16, 2020 8:35 am Anyone seeing long delays in market orders? Fidelity hasn't executed my order to buy FDLXX yet.
This trade usually executes at end of market day.
by Global100
Tue Mar 10, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: Another TLH question. How to do it with multiple accounts?
Replies: 4
Views: 410

Re: Another TLH question. How to do it with multiple accounts?

others have written it more clearly below. I'll just add: Make sure there are no replacement shares of VTI or VTSAX in your IRA or other tax-deferred account because that would involve permanent loss disallowance.
by Global100
Mon Mar 09, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: TLH multiple funds same time
Replies: 6
Views: 512

Re: TLH multiple funds same time

For those TLHing VTSAX losses, the Boglehead wiki for Approximating Total Stock Market shows one possibility with 87% VLCAX and 13% VSMAX (but the update of those percentages was back on 12-27-2018). A quick glance at the Morningstar Style nine boxes of 87%/13% looks pretty close to VTSAX's Mornings...
by Global100
Mon Mar 09, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: TLH multiple funds same time
Replies: 6
Views: 512

Re: TLH multiple funds same time

VLCAX has regularly distributed dividends near the end of March. If VLCAX does so in a couple of weeks while you're holding the fund, then you'd have to hold onto those VLCAX shares for the minimum period in order for them to get the qualified dividend tax rate. (at least 61 days during the 121-day ...
by Global100
Mon Mar 02, 2020 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Quarterly Tax Payments - are the really required?
Replies: 22
Views: 2619

Re: Quarterly Tax Payments - are the really required?

Look into using the Annualized Income Installment Method, especially if you have uneven income (like huge December dividends). At a few points in the year, you calculate your Year-To-Date income and also the withholdings/tax payments that were made. The calculations tell you how much estimated tax y...
by Global100
Sat Feb 29, 2020 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: When it may be better NOT to pay additional principal on debt
Replies: 26
Views: 1539

Re: When it may be better NOT to pay additional principal on debt

Re: the post title, "When it may be better NOT to pay additional principal on debt". A monthly payment of $700 is due on the first day of each month. On March 1st, the person has $1400 set aside in a checking account, so the person could pay $700 or could pay as much as $1400. However, a $1400 payme...
by Global100
Tue Jan 28, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: Total Stock Market Index - Section 199A dividends this year
Replies: 169
Views: 21764

Re: Total Stock Market Index - Section 199A dividends this year

Anyone know the extent of Sec 199A dividends reported by other broad index funds or ETFs of other large brokers such as Schwab or Fido? Fidelity FSKAX US Total Stock Market index fund had no Section 199A dividends in 2019. Last year FSKAX distributed Unrecaptured Section 1250 gains, but there were ...
by Global100
Sat Jan 11, 2020 5:56 pm
Forum: Personal Investments
Topic: Assisting Parent with Dementia
Replies: 25
Views: 3470

Re: Assisting Parent with Dementia

Also have a general question on the topic (since the OP's thread was from 2017): Do most people in slow cognitive decline have a point of self-realization that they actually ask a trusted family member to take over financial control? Forgetting to make payments or rejected payments leads the individ...
by Global100
Sat Jan 11, 2020 5:38 pm
Forum: Personal Investments
Topic: VTSAX VS FSKAX [Vanguard vs. Fidelity Total Stock Market]
Replies: 17
Views: 15120

Re: VTSAX VS FSKAX [Vanguard vs. Fidelity Total Stock Market]

One possible consideration could be minimizing taxable distributions. FSKAX Distributes in April and December Buy $500,000 FSKAX on 1-02-2019 at NAV $70.66 equals 7076.139 shares April 2019 DIVIDENDS of 0.244 equals $1726.58 April 2019 CAP GAINS of 0.127 equals $898.67 Total April distributions of $...
by Global100
Fri Jan 03, 2020 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Returning to Mega Corp
Replies: 2
Views: 513

Re: Returning to Mega Corp

This is going to be an adventure! Challenge yourself. Read about up-and-coming practices, correspond with innovative minds, push the limits. Advocate for and shine a light on others whose work may be unnoticed. If salary is unneeded, you could use Uber for some/all commutes instead of being behind t...
by Global100
Fri Jan 03, 2020 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Combining IRA accounts
Replies: 4
Views: 581

Re: Combining IRA accounts

Separate accounts for separate beneficiaries: designate one account to a charity while designating a larger account to an individual, for example.
by Global100
Thu Jan 02, 2020 1:47 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1091
Views: 124464

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]

I will contribute to my Fidelity HSA account now that I am enrolled in a HDHP. I have a $50 covered expense I incurred today 01-01-2020 that I would like to claim now (instead of years later). Have you established and funded any HSA account yet? From what I can tell, expenses from prior to the date...
by Global100
Thu Jan 02, 2020 1:13 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 1524
Views: 124308

Re: My trend following strategy and experience

The last trade I made was in early September, which I moved from MCG to LCG. I'd have to go back and look, but I believe that I was only in EM for one month in 2019 and was in MCG and LCG the rest of the year. Both MCG (33.86% for VMGMX)and LCG (37.23% for VIGAX) significantly outperformed the S&P ...
by Global100
Wed Jan 01, 2020 11:25 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 1524
Views: 124308

Re: My trend following strategy and experience

Below are the results from my trend following strategy in 2019. 2019 Results Total return 18.7% Comparisons VTSAX = 30.80% VTIAX = 21.51% VSMGX (Vanguard LifeStrategy Moderate Growth 60/40) = 19.37% Re: 18.7% According to your TF plan, you were supposed to move your funds out of stocks earlier in J...
by Global100
Wed Jan 01, 2020 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP -- does one usually get billed the full charges or a reduced plan amount?
Replies: 17
Views: 1107

Re: HDHP -- does one usually get billed the full charges or a reduced plan amount?

Paying a lower cash amount instead of going through insurance seems fine for a small charge. However, that amount then doesn't count toward the Out of Pocket Max. If, later in the year, the insured individual is hospitalized (accumulating amounts over the OOP max), then that $140 cash payment made ...
by Global100
Wed Jan 01, 2020 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP -- does one usually get billed the full charges or a reduced plan amount?
Replies: 17
Views: 1107

Re: HDHP -- does one usually get billed the full charges or a reduced plan amount?

For health insurance companies that offer a HDHP plus various deductible plans, does the in-network plan rate vary for the same exact service? For example, NYC Anthem HDHP $6900 OOP Dr. QWERTY office in NYC Office Visit Charge $220 In-Network Plan Rate: $190 NYC Anthem $3000 Deductible plan Dr. QWE...
by Global100
Wed Jan 01, 2020 9:28 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1091
Views: 124464

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]

I will contribute to my Fidelity HSA account now that I am enrolled in a HDHP. I have a $50 covered expense I incurred today 01-01-2020 that I would like to claim now (instead of years later). Questions: Do I only deposit $3500 in the HSA and keep $50 in my bank account, but still claim $3550 as my ...
by Global100
Wed Jan 01, 2020 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP -- does one usually get billed the full charges or a reduced plan amount?
Replies: 17
Views: 1107

Re: HDHP -- does one usually get billed the full charges or a reduced plan amount?

For health insurance companies that offer a HDHP plus various deductible plans, does the in-network plan rate vary for the same exact service? For example, NYC Anthem HDHP $6900 OOP Dr. QWERTY office in NYC Office Visit Charge $220 In-Network Plan Rate: $190 NYC Anthem $3000 Deductible plan Dr. QWER...
by Global100
Tue Dec 31, 2019 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP -- does one usually get billed the full charges or a reduced plan amount?
Replies: 17
Views: 1107

HDHP -- does one usually get billed the full charges or a reduced plan amount?

Under a basic (non-HDHP) plan, a bill usually lists: Doctor visit, not a physical Charge: $220 In- Network Plan Rate: $101 With a HDHP, however, the plan pays almost nothing until the out-of-pocket max is met. Is there a reduced plan rate with an HDHP for using an in-network doctor? For example, doe...
by Global100
Sun Dec 29, 2019 3:20 pm
Forum: Investing - Theory, News & General
Topic: Comparing approximate distributions of various Total US Market index funds (Fid, VG, Schwab, iShares)
Replies: 5
Views: 526

Comparing approximate distributions of various Total US Market index funds (Fid, VG, Schwab, iShares)

Some investors are looking at minimizing taxable distributions with their Total US Market index fund investments. Here's an approximate comparison of various Total US Market index fund distributions in 2019; all hypothetically bought $10,000 on January 2, 2019 closing NAV/price: Start with two distr...
by Global100
Sat Dec 14, 2019 10:27 pm
Forum: Investing - Theory, News & General
Topic: Why did Fidelity Total Market Index fund drop -1.55% today?
Replies: 77
Views: 6780

Re: Why did Fidelity Total Market Index fund drop -1.55% today?

Huh? 12/16 is Monday. The Dividend distribution will likely appear on Monday. The Capital Gains distribution was 12/28 last year. Did you miss the part where I reported the exact date and amount of the FSKAX estimated capital gains distributions. Year-end 2018, both the dividend and capital gains d...
by Global100
Sun Dec 08, 2019 4:36 pm
Forum: Personal Investments
Topic: Helping 24yo daughter to investing for long term
Replies: 25
Views: 2445

Re: Helping 24yo daughter to investing for long term

If this is your adult child's first year with foreign investments in a taxable account, then be sure to mention about the foreign tax credit if manually completing taxes in 2020.
by Global100
Sat Oct 19, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Breaking a commercial real estate lease
Replies: 3
Views: 512

Breaking a commercial real estate lease

When leasing commercial real estate for a small business, the owner usually has to sign a multi-year lease. Say that the business has been losing money each month and the owner needs to stop the bleed. The owner usually cannot just give a 30-day notice and freely walk away with five years left on th...
by Global100
Sun Oct 13, 2019 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Who has or Plans to Sign up for an IRS IP PIN
Replies: 14
Views: 1853

Re: Who has or Plans to Sign up for an IRS IP PIN

... relying (waiting) on the IRS to send them. What if we don't get them for some reason? I created an IRS online account (which requires an authetication process). I log into my account with my own password, and then the IRS system sends me a text message code to my phone. When I enter that text c...
by Global100
Fri Sep 13, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Move up in house?
Replies: 25
Views: 3046

Re: Move up in house?

Have kids. They would absolutely love the house. Sounds like you could be moving your children relatively far away. Do they have very close friends in your current neighborhood? Ask them for their input. But it's another factor to consider if your current neighborhood is too dangerous for them, etc.
by Global100
Sun Sep 08, 2019 7:09 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 1524
Views: 124308

Re: My trend following strategy and experience

Another go at the UER calculation. I think this is what another poster (Gobal100) meant way back on page 3. Suppose a month is reported as 3.8. Due to rounding this could range from 3.76 to 3.84 in the actual Fed data which is rounded to 3.8 in the report. So in the worst case rounding issue a 12 m...
by Global100
Sun Jul 14, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 169
Views: 12941

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

Computer science has become my new first choice. It sounds very intimidating from all the information online from those who pursued this path. I've been out of school for many years and it looks like I'd have to jump feet first into calculus. I have never dabbled with it even once in my life. Is th...
by Global100
Sun Jul 14, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: A 1971 report on investing for retirement
Replies: 2
Views: 1382

Re: A 1971 report on investing for retirement

A farming crisis lay ahead of 1971. Reminds me of John Mellencamp's 1985 music video for his "Rain on the Scarecrow" song on YouTube: Rain on the scarecrow blood on the plow This land fed a nation this land made me proud And son I'm just sorry there's no legacy for you now Rain on the scarecrow bloo...
by Global100
Sat Jul 13, 2019 1:02 am
Forum: Investing - Theory, News & General
Topic: Questions about unsettled funds and freeriding trade violations
Replies: 8
Views: 1076

Re: Questions about unsettled funds and freeriding trade violations

I now understand the freeriding violation better; thanks to venkman and 123.
I don't ever sell stock B until the funds from Stock A have settled
I think I now understand, in the unsettled funds example, that selling stock B would create a freeriding violation on Tuesday. Thank you.
by Global100
Fri Jul 12, 2019 9:49 pm
Forum: Investing - Theory, News & General
Topic: Questions about unsettled funds and freeriding trade violations
Replies: 8
Views: 1076

Questions about unsettled funds and freeriding trade violations

Something I've been wondering. From Vanguard's website about trading violations and penalties: Liquidations resulting from unsettled trades This violation occurs when you buy a security in a cash account using sales proceeds that haven't yet settled. Then you sell the recently purchased security bef...
by Global100
Sat Jun 22, 2019 8:58 pm
Forum: Personal Investments
Topic: Best TLH partner for Total Stock Market (VTSAX)?
Replies: 26
Views: 3286

Re: Best TLH partner for Total Stock Market (VTSAX)?

I'm guessing you don't want to switch to ETFs but you could use VTI , SCHB, and ITOT which are based on three different total US market indices. To avoid a wash, an investor/OP could tax loss harvest VTSAX but needs to wait until after the wash sale period ends to buy VTI. They're the same Vanguard...
by Global100
Sat Jun 22, 2019 7:20 pm
Forum: Personal Investments
Topic: Best TLH partner for Total Stock Market (VTSAX)?
Replies: 26
Views: 3286

Re: Best TLH partner for Total Stock Market (VTSAX)?

Sell VTSAX and buy S&P 500 Index Fund (VFIAX) plus the Extended Market completion index (VEXAX) in the proportion mentioned in the BH wiki: https://www.bogleheads.org/wiki/Approximating_total_stock_market Currently it's about 82% VFIAX and 18% VEXAX. This duo of mutual funds has a very slightly high...