Search found 3359 matches

by Dale_G
Thu Jun 18, 2020 3:36 pm
Forum: Personal Investments
Topic: VBTLX or Guaranteed Stable Value fund 3%
Replies: 10
Views: 946

Re: VBTLX or Guaranteed Stable Value fund 3%

I am making no predictions about future bond rates. But after taking a rudimentary look at the guaranteed fund - sponsor, length of existence, stability of rates, and what the restrictions are for redeeming, I'll take 3% guaranteed over Total Bond in a heartbeat. Expect the rate to gradually decline...
by Dale_G
Tue May 26, 2020 12:27 am
Forum: Investing - Theory, News & General
Topic: Inflationary effects pending?
Replies: 40
Views: 3355

Re: Inflationary effects pending?

aj76er wrote:
Mon May 25, 2020 4:30 pm
Rus In Urbe wrote:
Mon Mar 23, 2020 6:44 am
Remember the gas lines?
No, but were they similar to Costco gas lines on any given Saturday?
I don't buy gas at Costco, but are the lines 4 hours long and you are limited to 3 gallons?

Dale
by Dale_G
Mon May 25, 2020 10:53 pm
Forum: Personal Investments
Topic: Real Property Held Short-Term - Able to Deduct Loss?
Replies: 8
Views: 527

Re: Real Property Held Short-Term - Able to Deduct Loss?

There isn't any "loophole". The IRS does not allow "homeowners" to book losses on home sales. Those in a bona fide real estate business can do so, assuming the transactions are at arms length.

The OP should also Google "step transaction".

Dale
by Dale_G
Sun May 24, 2020 1:46 am
Forum: Investing - Theory, News & General
Topic: Yield Curves During Deflation
Replies: 11
Views: 1229

Re: Yield Curves During Deflation

I am in the inflation camp. [OT comment removed by admin LadyGeek] Productivity for essential goods and services will go down significantly. Once the "going out of business" sales are over, look for increased prices in almost everything you buy. I won't even mention taxes which I include in my pers...
by Dale_G
Thu May 21, 2020 1:02 am
Forum: Investing - Theory, News & General
Topic: Yield Curves During Deflation
Replies: 11
Views: 1229

Re: Yield Curves During Deflation

I am in the inflation camp. [OT comment removed by admin LadyGeek] Productivity for essential goods and services will go down significantly. Once the "going out of business" sales are over, look for increased prices in almost everything you buy. I won't even mention taxes which I include in my perso...
by Dale_G
Wed May 20, 2020 11:17 pm
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1206

Re: Simplest way to gift shares at Vanguard

Look up the share price for transaction date and then annotate the PDF with both the transaction date share price & the gift amount (manually calculated). Then save PDF in your records. I have a spreadsheet for all my investments. It has a log for significant events. I made a note of it there. Actu...
by Dale_G
Sat May 16, 2020 12:51 am
Forum: Personal Finance (Not Investing)
Topic: [any downside to telling your parents your income?]
Replies: 32
Views: 2588

Re: Sharing income with parent(s)?

I regret not telling my dad after I reached a (then) magic number. He would have been delighted, but he is long dead, so there is no fixing it now. Go ahead and share with mom. Hopefully she won't be sharing it with the siblings though. My kids know my income and net worth - and I know theirs. None ...
by Dale_G
Fri May 15, 2020 11:30 pm
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Purchase Policy
Replies: 16
Views: 1773

Re: Updated Vanguard Purchase Policy

..... why would someone mail a check to Vanguard (not talking about rollovers that have to go by check)? I got stuck in line behind a guy at Schwab on April 14th or so because he wanted to make 2019 and 2020 IRA deposits for himself and his wife ...... in person ..... by check. Four separate checks...
by Dale_G
Fri May 15, 2020 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Mountain cabin?
Replies: 24
Views: 3802

Re: Mountain cabin?

Twenty years ago I was where the OP is today. One of the very few things I regret is not moving to moving to the mountains. It's a little late for me now :( .

Dale
by Dale_G
Wed May 06, 2020 2:44 pm
Forum: Personal Investments
Topic: Munis: Hold or Sell
Replies: 31
Views: 2306

Re: Munis: Hold or Sell

OP said he had plenty of room in tax deferred. If there are equities in the deferred account, my advice is to sell the munis and buy equities in the taxable account - and exchange a like dollar amount of equities for bonds in the deferred account.

Dale
by Dale_G
Mon May 04, 2020 11:33 pm
Forum: Investing - Theory, News & General
Topic: The Fed buying Corporate Bond ETFs
Replies: 90
Views: 5450

Re: The Fed buying Corporate Bond ETFs

I don't think there is any intent to rescue investors, nor should there be. The object is to permit companies to issue new debt and roll over old debt in a stable market.

Dale
by Dale_G
Sat May 02, 2020 11:34 pm
Forum: Personal Investments
Topic: Money manager, is it worth it ? 1M to invest.
Replies: 21
Views: 2382

Re: Money manager, is it worth it ? 1M to invest.

It is frustrating to always get the same answer, "you can do it yourself" or "use the Vanguard advisor". The thing is, neither of those options address the issues that the OP listed: Insurance Planning and Risk Management Debt Management & Reduction Household & Family Budgeting Cash Flow Projection...
by Dale_G
Sat May 02, 2020 8:41 pm
Forum: Personal Investments
Topic: Money manager, is it worth it ? 1M to invest.
Replies: 21
Views: 2382

Re: Money manager, is it worth it ? 1M to invest.

I decided to run a test on my own portfolio to see how things would have changed if I paid an advisor 1% over the past 24 years. I first had 1 million in December 1995, all invested in low cost Bogleheadish funds. I am assuming the advisor would not have improved or detracted from my investment retu...
by Dale_G
Sat Apr 25, 2020 6:50 pm
Forum: Personal Investments
Topic: TLH - but now have short terms gains!
Replies: 19
Views: 1235

Re: TLH - but now have short terms gains!

I am with Artsdoctor. I wouldn't incur a significant taxable gain in order to reverse the TLH. I still have some Large Cap and FTSE All-World that I loss harvested into in 2008/2009. Newer money went back into Total Stock and Total International. I need a really big crash in order to TLH Large Cap a...
by Dale_G
Tue Apr 21, 2020 1:18 am
Forum: Investing - Theory, News & General
Topic: [Oil futures price plummets, Bogleheads react]
Replies: 154
Views: 8368

Re: [Oil futures price plummets, Bogleheads react]

Don't forget the 18.4 cent per gallon federal excise tax. And then there are state taxes. California takes the lead at 61.2 cents/gal and Alaska is at the tail end at 14.66 cents/gal.

Dale
by Dale_G
Sun Apr 19, 2020 12:49 am
Forum: Personal Investments
Topic: What to buy with unvested funds in 401(k) and NQDC plan
Replies: 1
Views: 133

Re: What to buy with unvested funds in 401(k) and NQDC plan

=username19215 1. How should I invest the Non-Elective Contributions? Should I just follow my overall AA of 85% stocks/15% bonds? 2. Aside from 401(k), I also have a 409A non-qualified deferred compensation ("NQDC") plan with the same 3 year vesting schedule. It's a very small amount for now, but w...
by Dale_G
Tue Apr 14, 2020 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy With 2020 RMD's Waived
Replies: 14
Views: 1543

Re: Strategy With 2020 RMD's Waived

I normally take my RMD at the end of the year and have taxes withheld at that time. The taxes amount usually amount to about 50% of the RMD. This year I've done a Roth conversion equal to the entire amount of the RMD and will pay quarterly estimated taxes instead of any RMD withholding. I expecting ...
by Dale_G
Sat Apr 11, 2020 9:19 pm
Forum: Investing - Theory, News & General
Topic: High Yield bonds in stock allocation
Replies: 33
Views: 1629

Re: High Yield bonds in stock allocation

So I have sold Long Term Treasuries to buy Vanguard's HY fund. The last buy was on 03/24/20 @ $4.83. I bought at $3.95 in 2008. I am not "all in" with junk, but it is 25% of the bond allocation. I'll keep it that way. Dale I am also a long-term holder of HYC but have not been able to find the botto...
by Dale_G
Fri Apr 10, 2020 11:31 pm
Forum: Investing - Theory, News & General
Topic: High Yield bonds in stock allocation
Replies: 33
Views: 1629

Re: High Yield bonds in stock allocation

Also helps when the Fed buys up all the troubled high yield bonds and prevents them from declining in value. No moral hazard to see here, folks. Move along. I seriously doubt the Feds buys up all of the troubled high yield bonds and prevents them from declining in value. To the extent they are buyi...
by Dale_G
Wed Apr 08, 2020 12:16 am
Forum: Investing - Theory, News & General
Topic: Prospects for S&P 500 Company Dividends
Replies: 29
Views: 2028

Re: Prospects for S&P 500 Company Dividends

Dividends bounce around a bit, but I was surprised that my 2020 first quarter dividends were 27% below the dividends in the first quarter of 2019. If anything I owned more shares in 2020 than 2019. I won't be surprised if full year dividends are down more than 40% for 2020. I don't have any idea as ...
by Dale_G
Mon Apr 06, 2020 3:55 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting
Replies: 5
Views: 379

Re: Tax Loss Harvesting

No wash sale, but be mindful that if you made the exchange on March 19 or before, you received the FTSE dividends. A portion of the dividends may be "qualified" (hence taxed at a lower rate) only if they are held during a 60 (61?) day window surrounding the dividend record date of March 19. If held ...
by Dale_G
Thu Apr 02, 2020 5:04 pm
Forum: Personal Investments
Topic: Any high bracket investors dumping munis?
Replies: 127
Views: 9551

Re: Any high bracket investors dumping munis?

I own Vanguard's Intermediate, Long Term and HY Muni's, some of them purchased long ago enough that the are "uncovered" shares. When I bought them I fully expected interest rates to rise. I intended to collect the tax free dividends and then - if necessary to tax loss harvest - sort of a tax arbitra...
by Dale_G
Mon Mar 30, 2020 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 119
Views: 8034

Re: Undoing your already-taken RMD for 2020

Alan, yes Vanguard made me aware of the 60 day and once per 365 day rollover rule. It was part of the script.

Some people will get tripped up, but probably the number of people putting RMDs back will be relatively small.

Dale
by Dale_G
Mon Mar 30, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 119
Views: 8034

Re: Undoing your already-taken RMD for 2020

It took about 5 minutes on the phone at 6:00 pm

They had to read some rules - otherwise 3 minutes.

Dale
by Dale_G
Mon Mar 30, 2020 4:46 pm
Forum: Personal Investments
Topic: If you have loss harvested - check your "Realized Gains/Losses"
Replies: 14
Views: 1535

Re: If you have loss harvested - check your "Realized Gains/Losses"

The sales order did show specific ID and the specific trades. I have the screen shot, but it was characterized as FIFO anyway. It got fixed promptly, so no enduring problem.

Dale
by Dale_G
Mon Mar 30, 2020 2:36 pm
Forum: Personal Investments
Topic: If you have loss harvested - check your "Realized Gains/Losses"
Replies: 14
Views: 1535

Re: If you have loss harvested - check your "Realized Gains/Losses"

Update: Vanguard fixed the problem by March 30. The $31,000 gain is gone - and there is now a $9,700 loss. Not normally looking forward to losses, but this is the right result. Thank you "personal rep".

Dale
by Dale_G
Mon Mar 30, 2020 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 119
Views: 8034

Re: Undoing your already-taken RMD for 2020

Nice try, but I get the message:
You can't complete this contribution. Contact us at 877-662-7447 if you have questions.
I'll wait a couple of days.

Dale
by Dale_G
Mon Mar 30, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Undoing your already-taken RMD for 2020
Replies: 119
Views: 8034

Re: Undoing your already-taken RMD for 2020

Anybody put money back in by simply transferring money from a taxable account back into the IRA via the Vanguard website?

I don't really want to bug them with a call if I can do it electronically.

Dale
by Dale_G
Sun Mar 29, 2020 1:13 am
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 11972

Re: I won the game but kept playing

I won the game before I retired in 2001 (three weeks after 9/11). Things looked pretty bleak at the time, but I kept playing. No regrets. I'll continue to play, and slowly buy as the market eventually works lower to reflect the real value of companies after the damage is more clearly recognized. I a...
by Dale_G
Fri Mar 27, 2020 4:48 pm
Forum: Investing - Theory, News & General
Topic: 90% of individual investors at Vanguard are staying the course
Replies: 48
Views: 5087

Re: 90% of individual investors at Vanguard are staying the course

Thanks for posting. I am glad to see Vanguard posting this information. It isn't actionable yet , but interesting. I am among those making trades - on four accounts that I manage. Some tax loss harvesting (always reinvested in something similar) and modest rebalancing. There is a lot more tax loss h...
by Dale_G
Wed Mar 25, 2020 1:47 pm
Forum: Investing - Theory, News & General
Topic: So bottom is probably behind us....right?
Replies: 709
Views: 64286

Re: So bottom is probably behind us....right?

I am an optimist, but I believe the "bottom" will be well below what we have seen - and still months away. I doubt the market has priced in cases in New York exceeding the total number of cases in China. There is a lot of damage to the economy and there will be much more. While the "stimulus" is nec...
by Dale_G
Wed Mar 25, 2020 12:21 am
Forum: Investing - Theory, News & General
Topic: 7% Yield on High Yield Corporate > EM Debt
Replies: 62
Views: 4606

Re: 7% Yield on High Yield Corporate > EM Debt

What do you think of local currency EM debt?
If Vanguard offered a local currency bond fund, I would probably own some. But I think I already have plenty of currency risk with International equities :happy

Dale
by Dale_G
Tue Mar 24, 2020 11:15 pm
Forum: Investing - Theory, News & General
Topic: 7% Yield on High Yield Corporate > EM Debt
Replies: 62
Views: 4606

Re: 7% Yield on High Yield Corporate > EM Debt

I hold 25% of my bonds in Vanguard's high Yield (VWEAX) and Emerging Markets (VEGBX) in equal amounts. I only go back with the EM bonds about 6 years, but have held junk most of the time for 30 years. I also hold long treasuries and I rebalance the bond funds as the occasion demands. The last good o...
by Dale_G
Sat Mar 21, 2020 5:00 pm
Forum: Personal Investments
Topic: Weird Recurring Problem with Cost Basis at Vanguard
Replies: 7
Views: 385

Re: Weird Recurring Problem with Cost Basis at Vanguard

My problem is a little worse. On March 16th I sold about 900 shares of Total Stock using specific ID - checking the boxes for two lots. The shares were moved to Large Cap and the loss should have been about $9,000. Vanguard is showing the transaction in "realized Gains/Loss" as a FIFO transaction wi...
by Dale_G
Wed Mar 18, 2020 11:16 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 26351

Re: How much you lost/gain since Feb 20,2020 ?

Passed down through two 2 comma numbers so far. The good thing is that with each decline from here, the number of dollars per percent decline gets smaller :(

Dale
by Dale_G
Wed Mar 18, 2020 10:48 pm
Forum: Personal Investments
Topic: Roth mix up?
Replies: 10
Views: 583

Re: Roth mix up?

The losses don't make any difference, you can withdraw all of your contributions - the entire $40,000 - if there is that much left :(

Dale
by Dale_G
Wed Mar 18, 2020 10:38 pm
Forum: Personal Investments
Topic: If you have loss harvested - check your "Realized Gains/Losses"
Replies: 14
Views: 1535

Re: If you have loss harvested - check your "Realized Gains/Losses"

Both were taxable accounts and on the "old platform". I expect the Tot Stk VTSAX to get fixed, but it might take a while. I also expect that I was not the only one affected, but someone wouldn't know unless they check the "Realized Gain/Loss" tab. I wouldn't have wanted to find out about it at 1099 ...
by Dale_G
Wed Mar 18, 2020 9:57 pm
Forum: Personal Investments
Topic: If you have loss harvested - check your "Realized Gains/Losses"
Replies: 14
Views: 1535

If you have loss harvested - check your "Realized Gains/Losses"

I TLH'd Total Stock and FTSE All World on Monday 3/16 for an account I manage - going to Large Cap and Tot. Int'l respectively. Both funds were set to Specific ID For TSM I selected 2 lots - 11/12/2018 and 3/11/19. Vanguard is nice enough to add up the number of shares (in case I can't add) = 859.10...
by Dale_G
Wed Mar 18, 2020 4:07 pm
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 155
Views: 21014

Re: Where's Warren Buffett During This Crisis?

Taking his time - no hurry.

Dale
by Dale_G
Sun Mar 15, 2020 2:07 am
Forum: Investing - Theory, News & General
Topic: <deleted>
Replies: 85
Views: 7870

Re: Its going to get really bad, so I am Hedging - reducing stock exposure

the cruise ship industry is now a thing of the past I was with you on everything else. The image damage to the whole cruise ship industry seems pretty severe. Plus they were already being targeted for ecological concerns around polluting oceans. Maybe river cruises will be okay. I remember after 9/...
by Dale_G
Sun Mar 15, 2020 1:40 am
Forum: Personal Investments
Topic: Income Annuities Now?
Replies: 10
Views: 773

Re: Income Annuities Now?

I don't see any way to download a copy of the contract, or any actual details. With treasuries yielding less than 1%, I think i'd skip their probably 100 page contract anyway. If any insurance peddler actually wants me to send in a megabuck or so with a 5 yr APY of 3%, they should pm me with a copy ...
by Dale_G
Sat Mar 14, 2020 11:03 pm
Forum: Personal Investments
Topic: Income Annuities Now?
Replies: 10
Views: 773

Re: Income Annuities Now?

Who is selling 5 year annuities with a 3-4% APR???

Dale
by Dale_G
Sat Mar 14, 2020 11:00 pm
Forum: Personal Investments
Topic: 1035 Exchange and Variable Annuity Help!
Replies: 7
Views: 267

Re: 1035 Exchange and Variable Annuity Help!

You will be doing the exchange into a low cost annuity won't you? Not something your friendly insurance sales guy is offering? Right?

Dale
by Dale_G
Sat Mar 14, 2020 5:51 pm
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 14406

Re: How many people with 7 figure portfolios are”rejoicing ?”

:oops: why, I hope you don't regret it 10 years from now or maybe you just don't have the hearth to be in the market ! I have been moving from 60/40 to almost 100/0 in this down turn. yes, I am still down over 450K(BIG OUCH !) but been buying in big chunk and Good luck vipertom. I am a survivor of ...
by Dale_G
Wed Mar 11, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: Long Term Treasury Decline Wednesday
Replies: 4
Views: 449

Re: Long Term Treasury Decline Wednesday

Do you expect the G'ment will be shoveling more money out the door in the next while?? I'm not saying it is a bad thing, but the deficit will definitely increase.

Dale
by Dale_G
Wed Mar 11, 2020 9:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard First Quarter 2020 distribution schedule
Replies: 26
Views: 1676

Re: Vanguard First Quarter 2020 distribution schedule

It is definitely not helpful to folks doing tax loss harvesting to have "surprise" dividends. And why so early? The S&P 500 funds VFINX / VFIAX had a record date of 3/6. The ETF VOO went ex-div yesterday. Not what I would call a "quarterly" dividend.

Dale
by Dale_G
Tue Mar 10, 2020 5:03 pm
Forum: Investing - Theory, News & General
Topic: Are we going to have a full blown recession?
Replies: 28
Views: 4468

Re: Are we going to have a full blown recession?

Yes, I expect a recession if for no other reason than the damage to the travel and hospitality sectors is not going away soon. And yes, Coronavirus is likely to be seasonal. The Southern Hemisphere has seasons too, in case no one has noticed. I hope the recession is mild and short, but hoping won't ...
by Dale_G
Sun Mar 08, 2020 6:20 pm
Forum: Investing - Theory, News & General
Topic: Bond Convexity: Why You Shouldn't Fear Bonds With Low Rates
Replies: 76
Views: 9403

Re: Bond Convexity: Why You Shouldn't Fear Bonds With Low Rates

Glad to see this post being revisited. It was one of the reasons I added Long Term Treasuries (VUSUX) to my bond holdings last year - making it about 25% of the bond holdings. VUSUX is up about 35% since I purchased, so it has offered some stability in the recent downturn. But I just shut off automa...
by Dale_G
Wed Mar 04, 2020 6:21 pm
Forum: Personal Investments
Topic: Back Door Roth, married filing separately, FEIE, questions [US Expat]
Replies: 9
Views: 371

Re: Back Door Roth, married filing separately, FEIE, questions [US Expat]

As long as your wages exceed the FEIE by the amount of your after tax IRA contribution + your 401k contribution, I think you are perfectly okay. Converting the after tax IRA to the Roth is not a taxable event, no one should be taxing you on the conversion. What a foreign country does when you withdr...