Search found 139 matches

by LookinAround
Mon Feb 03, 2020 4:51 pm
Forum: Personal Investments
Topic: Obstacles when trying to consolidate to a two-fund portfolio
Replies: 16
Views: 1324

Re: Obstacles when trying to consolidate to a two-fund portfolio

I started purchasing Fidelity Low-Priced Stock (FLPSX) and Fidelity Growth Company (FDGRX) in 2000. I’ve never sold any shares. They’ve been fantastic funds and have served me well Maybe I'm mentioning the obvious but sounds like you'll have a HUGE LT cap gain (probably some short term as well of r...
by LookinAround
Sun Feb 02, 2020 8:50 pm
Forum: Personal Consumer Issues
Topic: What's the difference between Uber and Lyft?
Replies: 63
Views: 5110

Re: What's the difference between Uber and Lyft?

Other then price, I find them pretty much the same. Price can sometimes be vary dramatically - especially during surge pricing. Best way to compare / know current pricing: use the Bellhop app. Very useful. Give it start location and destination and it will show the pricing for both services - includ...
by LookinAround
Sun Feb 02, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Disturbing Question on 2019 IRS Tax Form [Bitcoin]
Replies: 59
Views: 3724

Re: Disturbing Question on 2019 IRS Tax Form

I've read somewhere that this isn't an option. They will probably refuse to process my tax form unless I answer this question. Still, I can ask my tax preparer to simply leave the question blank and see what happens, though this may just delay my tax filing. Yes, your filing would be rejected and i...
by LookinAround
Tue Jan 28, 2020 7:21 pm
Forum: Personal Consumer Issues
Topic: Is it worth it to jump on the TurboTax bandwagon?
Replies: 36
Views: 2613

Re: Is it worth it to jump on the TurboTax bandwagon?

So you can download 1099-B’s and have 20+ pages of stock sales auto populate a Schedule D in Deluxe? Yes. I've been using Deluxe for 10+ years. It imports from 100's / all the major investment firms. It will auto populate 1099-INT and -DIVs, 1009-Bs, Schedule D, Form 8949. It also populates my 1099...
by LookinAround
Tue Jan 28, 2020 8:50 am
Forum: Personal Investments
Topic: Selling Vanguard High-Yield Admiral (VWEAX) Fund before the record date
Replies: 3
Views: 201

Re: Selling Vanguard High-Yield Admiral (VWEAX) Fund before the record date

Funds that pay less frequent dividends - for example, a year end capital gain distribution - work a little differently. The share price will drop by the amount of the distribution and is paid in cash which you can either take or reinvest back into the fund. For cap gains distributions from an MF I'...
by LookinAround
Tue Jan 28, 2020 8:33 am
Forum: Personal Investments
Topic: Selling Vanguard High-Yield Admiral (VWEAX) Fund before the record date
Replies: 3
Views: 201

Selling Vanguard High-Yield Admiral (VWEAX) Fund before the record date

I'm asking about Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) in particular but wonder about other mutual funds as well. The record and reinvest date for VWEAX is the last day of the month. The Payable date is the next business day after. I'm not quite sure if record date relates to exd...
by LookinAround
Sat Jan 25, 2020 11:37 pm
Forum: Personal Investments
Topic: 529 Question
Replies: 5
Views: 798

Re: 529 Question

You'd do best just calling Vanguard 529 support. They could answer all questions.

Call 866-734-4533

Monday through Friday
8 a.m. to 8 p.m., Eastern time
by LookinAround
Sat Jan 25, 2020 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: When and why do you need a trust?
Replies: 17
Views: 2233

Re: When and why do you need a trust?

You may want to consider using her money to improve her life. Even if she is stubborn, you can figure out ways to spend her money on her care without her knowing. +1 We did that with Dad. He'd always insist we don't spend any money from his estate for his care. So we'd just tell him Medicare was pa...
by LookinAround
Mon Jan 20, 2020 6:38 pm
Forum: Personal Investments
Topic: Roth conversions to reduce future RMD's
Replies: 31
Views: 2982

Re: Roth conversions to reduce future RMD's

I don't have answers for you either but do have some additional info/input for you to consider. I'm in a similar situation as I'm 67 and also making annual IRA to Roth conversions to lower my RMD at age 72 + get tax free earnings from the Roth Absolutley use this year's tax software to get an idea o...
by LookinAround
Sat Jan 18, 2020 7:41 pm
Forum: Personal Investments
Topic: Where do you keep your Emergency Funds? How is it invested?
Replies: 139
Views: 11327

Re: Where do you keep your Emergency Funds? How is it invested?

For those investing their EF in equities: if the market is tanking at the same time you need funds, is selling lots at a large loss for emergency capital perhaps easier said than done? I love selling equities for a loss. I love to do tax-loss harvesting. Whether equities have a loss or not will not...
by LookinAround
Sat Jan 18, 2020 7:12 am
Forum: Personal Investments
Topic: Short term CD vs Savings Account APY
Replies: 2
Views: 384

Short term CD vs Savings Account APY

I understand APY represents rate of return for an interest rate compounded daily. So APY provides a standardized measure to compare rate of return of different products (e.g. things like savings accounts and CDs) For example, if I use today's rates at Discover. assuming 10K initial deposit > Savings...
by LookinAround
Fri Jan 17, 2020 1:43 pm
Forum: Personal Investments
Topic: New Here Fidelity or Vanguard
Replies: 115
Views: 6860

Re: New Here Fidelity or Vanguard

I have accounts at both Schwab and Vanguard. Vanguard has a very helpful feature not available at Schwab. Maybe someone w/Fidelity can check to see what they offer. Vanguard allows you to view your historical account positions and balances by date . You can see snapshots of your account by date goin...
by LookinAround
Thu Jan 16, 2020 9:22 am
Forum: Personal Investments
Topic: VTSAX/VTSMX What is the difference?
Replies: 5
Views: 563

Re: VTSAX/VTSMX What is the difference?

VTSAX are "admiral" shares. Meaning a lower expense ratio so a slightly better return. Get VTSAX
by LookinAround
Thu Jan 16, 2020 9:18 am
Forum: Personal Investments
Topic: Investing Basics - Portfolio Help!
Replies: 24
Views: 2474

Re: Investing Basics - Portfolio Help!

1. If you can buy the Vanguard funds at nearly any brokerage, what difference does it make whether you are with Vangaurd, Schwab, Fidelity, or TD? Do you get a discount on the funds or are the funds exclusive to that brokerage, meaning you can only buy them if you have an account there? I asusmed t...
by LookinAround
Wed Jan 15, 2020 6:50 am
Forum: Personal Investments
Topic: “Taking Profits” Question
Replies: 16
Views: 1052

Re: “Taking Profits” Question

A colleague that is a CPA recently said that she advised someone close to her to “take some profits because [the rise in equity prices] cannot continue like this.” I don't think locking in some profit in a taxable account after a strong market rise is "market timing". I find it wise advice. I don't...
by LookinAround
Wed Jan 15, 2020 6:36 am
Forum: Personal Investments
Topic: Cost basis rules and is the cost basis method reported to the IRS for each sale??
Replies: 3
Views: 482

Cost basis rules and is the cost basis method reported to the IRS for each sale??

I am of the understanding the IRS allows you to change cost basis methods for stocks and mutual funds. As an example. you might sell part of a stock or mutual funding holding using average cost and, at a later date, sell again using specific lot. I understand some specific IRS rules appliy One examp...
by LookinAround
Tue Jan 14, 2020 3:28 pm
Forum: Personal Investments
Topic: Thoughts about Akre Focus Retail Class AKREX
Replies: 4
Views: 412

Re: Thoughts about Akre Focus Retail Class AKREX

Are you in this because of Bob Brinker? Also, the management changed on this fund in the last 18 months or so. It's a great fund, but few people on this board would recommend something with those expenses. I have had the same thoughts as you on keeping this fund. I consider it as a bonus fund to my...
by LookinAround
Tue Jan 14, 2020 2:35 pm
Forum: Personal Investments
Topic: Estate Planning for Young Family
Replies: 18
Views: 1302

Re: Estate Planning for Young Family

Yes, that's where my will designates my Father to manage the assets for my son until he is 18 years old. This is what we want to happen if we both die. Do you really mean "will"? As IMHO much better have it in a living trust (or might be another vehicle if an estate lawyer recommends something else...
by LookinAround
Tue Jan 14, 2020 9:20 am
Forum: Personal Investments
Topic: Estate Planning for Young Family
Replies: 18
Views: 1302

Re: Estate Planning for Young Family

if i was you, I'd meet an estate lawyer to accomplish the following - medical directives and power of attorney. the law probably presumes the spouse gets this but maybe your wishes are different or maybe you are both incapacitated at the same time. what do you want to happen in that case? - custody...
by LookinAround
Mon Jan 13, 2020 10:41 pm
Forum: Personal Investments
Topic: Thoughts about Akre Focus Retail Class AKREX
Replies: 4
Views: 412

Thoughts about Akre Focus Retail Class AKREX

I've been reviewing / re-evaluating the funds in my portfolio looking to rebalance and look if comparable funds with lower ER are an option I own about 100K in Akre Focus Retail Class fund (AKREX). When I checked, the expenses are surprisingly high: ER 1.32% and a 12b-1 .25%. Yet when I look at alte...
by LookinAround
Mon Jan 13, 2020 11:54 am
Forum: Personal Investments
Topic: Any impact selling then buying like kind funds between taxable and tIRA accounts?
Replies: 5
Views: 345

Re: Any impact selling then buying like kind funds between taxable and tIRA accounts?

Each tax lot of bond fund should be separately evaluated as to gain or loss (rather than the sum across tax lots). If any are at loss and you don't want the loss disallowed, then you want to avoid choosing a substantially identical fund as the replacement in IRA (or don't sell the tax lot(s) with l...
by LookinAround
Mon Jan 13, 2020 10:10 am
Forum: Personal Investments
Topic: Any impact selling then buying like kind funds between taxable and tIRA accounts?
Replies: 5
Views: 345

Any impact selling then buying like kind funds between taxable and tIRA accounts?

I have a taxable account, tIRA and Roth IRA. I had been applying my AA to the taxable and the tIRA as separate entities. So each had same the AA applied. Now that I realize it's more tax efficient to keep stock funds (yielding QDI) in my taxable acct and bond funds in tIRA, I want to reallocate to a...
by LookinAround
Sun Jan 12, 2020 5:06 pm
Forum: Personal Investments
Topic: Download Vanguard Transaction History
Replies: 13
Views: 1176

Re: Download Vanguard Transaction History

DoubleClick wrote:
Sun Jan 12, 2020 3:49 pm
It used to be the case that if you do a text select-all (Ctrl+A) from the transactions display page and pasted directly into excel, the columns would be retained. And this would give you history back to inception (or 10 years, I can't remember). Have you tried this?
Oh yea... That too :oops:
by LookinAround
Sun Jan 12, 2020 3:39 pm
Forum: Personal Investments
Topic: Download Vanguard Transaction History
Replies: 13
Views: 1176

Re: Download Vanguard Transaction History

I've reached same conclusion as you. And, frankly, it's astounding that there doesn't appear to be a simple download interface for data going back to inception. +1 I also just discovered this! And it IS astounding you can display and download 10 years of transaction history to pdf but only the last...
by LookinAround
Sat Jan 11, 2020 11:10 pm
Forum: Personal Investments
Topic: Where to compare funds
Replies: 3
Views: 311

Re: Where to compare funds

If you simply want a quick tool to do side-by-side product comparison of stats like > Fund type > Benchmark > Fund expenses and fees > SEC yield > Average annual returns (incl return after taxes on distributions and sale of fund) and more.. I use Vanguard's Vanguard's Compare Products tool (doesn't ...
by LookinAround
Fri Jan 10, 2020 6:47 pm
Forum: Personal Investments
Topic: Transition from indiv stocks to index funds
Replies: 17
Views: 894

Re: Transition from indiv stocks to index funds

In addititon to reading books and in the forums, I think you'd find it helpful to get a copy of Turbo Tax (Vanguard should offer it at a discounted price). Use it as a spreadsheet to input expected income, SS, expected dividends (based on 2019) and then see how increasing cap gains affects your tax ...
by LookinAround
Fri Jan 10, 2020 4:46 pm
Forum: Personal Investments
Topic: Where do you keep your Emergency Funds? How is it invested?
Replies: 139
Views: 11327

Re: Where do you keep your Emergency Funds? How is it invested?

Lately, my taxable account has grown enough that I don't keep much of an emergency fund anymore. If I need the cash, I'll sell some stock funds from taxable. If the market has taken a recent dive, I'll sell some stock funds from taxable and exchange an equivalent amount of bonds to stocks in my tax...
by LookinAround
Thu Jan 09, 2020 5:00 pm
Forum: Personal Investments
Topic: Where do you keep your Emergency Funds? How is it invested?
Replies: 139
Views: 11327

Where do you keep your Emergency Funds? How is it invested?

More of a curiousity question... I was wondering if people keep their emergency funds within or outside of their investment accounts? If I recall, when calculating investment portfolio totals they shouldn't include your Emergency Fund amount?' If you keep your EF as an asset within an investment acc...
by LookinAround
Tue Jan 07, 2020 11:08 pm
Forum: Personal Consumer Issues
Topic: Medicare Rate Change Dates in Missouri
Replies: 3
Views: 357

Re: Medicare Rate Change Dates in Missouri

It's a major effort and learning endeavor. First, understand that medigap policies can be priced (or "rated) in one of 3 different ways > Community rated > Issue age rated > Attained age rated The same supplement plan may be sold by different companies but each company can choose to price it differe...
by LookinAround
Mon Jan 06, 2020 5:16 am
Forum: Personal Consumer Issues
Topic: Traveling to Japan for first time
Replies: 44
Views: 2761

Re: Traveling to Japan for first time

jakepeters wrote:
Sun Jan 05, 2020 11:10 pm
I wasnt aware that Here We Go had maps for Japan. As of 10/2019, I didn't see them.
Ooops. You're right. They don't. :-?
by LookinAround
Sun Jan 05, 2020 10:32 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 163
Views: 19302

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

29% of my portfolio is in individual stocks Apple 6.3% Home Depot 10.3% Intel 3% Microsoft 3.7% Nvidia 4.6% Verizon 1.4% I know 29% is far higher then recommended but over the last 20 years ind. stocks have served me well (I first bought HD and MSFT in the late early to mid 1990's. I've sold some of...
by LookinAround
Sun Jan 05, 2020 9:01 pm
Forum: Personal Consumer Issues
Topic: Traveling to Japan for first time
Replies: 44
Views: 2761

Re: Traveling to Japan for first time

2. I can't speak to tour guides, because we made our way around ourselves. The trains/subways are great, but can be confusing. Besides Google Maps (download city data so you can use it offline), I recall the Hyperdia app being helpful for Google maps is great for offline vehicle routing but you can...
by LookinAround
Sat Jan 04, 2020 1:25 pm
Forum: Personal Investments
Topic: Lump Sum Advice
Replies: 24
Views: 1467

Re: Lump Sum Advice

I guess I'm most "scared" because of what has been shown above with the Nikkei. Investing everything and then it goes down for 30 years! I could split the investments over stocks, bonds, CD etc. The Nikkei calculation shows the result of a portfolio that remained 100% invested in the Nikkei. So +1 ...
by LookinAround
Sat Jan 04, 2020 10:47 am
Forum: Personal Investments
Topic: Lump Sum Advice
Replies: 24
Views: 1467

Re: Lump Sum Advice

Stef wrote:
Sat Jan 04, 2020 10:05 am
Nikkei 225 is a price index, so no dividends included.
If use a Nikkei calculator w/dividends reinvested and w/inflation adjustment, I'm still not feeling very warm and fuzzy seeing a 30 year total return of -28% (to Aug, 2019 - as far as their data goes)

Image
by LookinAround
Sat Jan 04, 2020 8:40 am
Forum: Personal Investments
Topic: Critique my portfolio (First posting here!)
Replies: 12
Views: 886

Re: Critique my portfolio (First posting here!)

I don't know what 5% cash equates to in real dollars but I'd ask
> Do you maintain an emergency fund?
> If the stock market crashed, could you go a year before needing to start cashing out your investments (turning paper losses into real losses)
by LookinAround
Sat Jan 04, 2020 8:17 am
Forum: Personal Investments
Topic: Lump Sum Advice
Replies: 24
Views: 1467

Re: Lump Sum Advice

Earlier in my investing life I fought these internal battles myself. Just invest it. It'll be worth more in 20 years than it is now. Would you have said the same thing to a Japanese investor mulling a large stock purchase in 1989? Yes, I likely would. If people want to invest, then presumably they ...
by LookinAround
Fri Jan 03, 2020 10:34 pm
Forum: Personal Investments
Topic: Need advice/help on Roth conversion and tax strategy
Replies: 24
Views: 1127

Re: Need advice/help on Roth conversion and tax strategy

I'm 67 and have been in that situation for the last several years (I retired early). I likely have enough in my taxable investments to avoid having to withdraw any money from my IRA in later years. When I turn 72 (pheew.... so glad to hear bumped up from 70 1/2) the RMDs I'll be required to take on ...
by LookinAround
Thu Jan 02, 2020 10:59 am
Forum: Personal Investments
Topic: 1040 ES Estimated Tax Payments
Replies: 13
Views: 986

Re: 1040 ES Estimated Tax Payments

Filling out Schedule AI ("Annualized Income Installment Method") - which is page 4 of Form 2210 and optional - would let you do this. But download Form 2210 and look at schedule AI first. Depending on your individual mix of income types and record-keeping ability, Schedule AI can be somewhere betwe...
by LookinAround
Sun Dec 29, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: Question about computers with two hard drives (SSD and regular hard drive)
Replies: 36
Views: 2528

Re: Question about computers with two hard drives (SSD and regular hard drive)

> You should use the C: drive for Windows and your program installs > D: is for user data. And you want Windows to put all your user data there automatically for you. You can tell Windows to move all your user folders (My Docs, Pics, Desktop) etc. to the new drive. After the move, save something on ...
by LookinAround
Sat Dec 28, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: How to get cash from 100lbs of coin change?
Replies: 33
Views: 2890

Re: How to get cash from 100lbs of coin change?

If you go the Coinstar website and enter your zip code, it will display all the kiosks in the area. You can then click each kiosk then Details to see what eGiftCards or eCharities available at that kiosk. If it doesn't offer the option you want just look at the others.
by LookinAround
Sat Dec 28, 2019 3:45 pm
Forum: Personal Consumer Issues
Topic: WiFi Water Leak Detector Recommendations
Replies: 17
Views: 1475

Re: WiFi Water Leak Detector Recommendations

Google products from Leak Alert. I live in condo as well. I bought this basic Zircon 64003 years ago. It lets out a shreik (as loud as a smoke detector) if it detects water on the floor. I see they also have wifi versions now too.
by LookinAround
Fri Dec 27, 2019 10:51 pm
Forum: Investing - Theory, News & General
Topic: The problem with the question "Is now a good time to buy stock?"
Replies: 46
Views: 3090

Re: The problem with the question "Is now a good time to buy stock?"

I think the people asking this question will most likely panic and sell in the down turn. 9/11 and the Great Recession of 2007-2009 was a greatest lesson for me to stay the course and now teaching my 24yo daughter the same thing, stay the course, LBYM, invest ASAP, 100% equities from 20-50 yo and s...
by LookinAround
Fri Dec 27, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: The problem with the question "Is now a good time to buy stock?"
Replies: 46
Views: 3090

Re: The problem with the question "Is now a good time to buy stock?"

No one ever knows when the best time is. Best bet is dollar cost averaging.
by LookinAround
Fri Dec 27, 2019 4:59 pm
Forum: Personal Consumer Issues
Topic: Anti Virus?
Replies: 36
Views: 2090

Re: Anti Virus?

I'd also recommend installing World of Trust (WOT) free browser add-on to warn of site reputation and suspcious sites (using crowd sourced feedback) to avoid
Caduceus wrote:
Fri Dec 27, 2019 3:56 am
But what if I want to go to sketchy websites? :D
No worry @Caduceus. You can still ignore WOT warnings! :mrgreen:
by LookinAround
Wed Dec 25, 2019 9:35 pm
Forum: Personal Consumer Issues
Topic: Ever search for unclaimed property? What did you find?
Replies: 31
Views: 2019

Re: Ever search for unclaimed property? What did you find?

TallBoy29er wrote:
Wed Dec 25, 2019 5:56 pm
Because of this thread I just made my neighbor a few hundred bucks. I forgot to bargain for a cut before I let him know. :shock:
:sharebeer
by LookinAround
Wed Dec 25, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Ever search for unclaimed property? What did you find?
Replies: 31
Views: 2019

Ever search for unclaimed property? What did you find?

I searched.The State of Illinois said I had unclaimed property from Fidelity Investments! When I looked I was disappointed to find it was all of 25 cents! I couldn't ACH anything under $1 and it certainly wasn't worth asking for a check! So I guess I'll just bequeth all that money to the state. Wooo...
by LookinAround
Tue Dec 24, 2019 3:59 pm
Forum: Personal Consumer Issues
Topic: Navigation App - Android Auto
Replies: 22
Views: 775

Re: Navigation App - Android Auto

OK, I have decided to start with Google Maps, as that is already on my phone. Now, I need a little hand-holding getting it set up and knowing what to expect. A couple questions: 1. Do I need to have the Android Auto app and the Google Maps app open when I want to use it? 2. Will I see the map on my...
by LookinAround
Sun Dec 22, 2019 2:41 pm
Forum: Personal Consumer Issues
Topic: Credit card payment habits
Replies: 72
Views: 4223

Re: Credit card payment habits

All my credit cards have the same statement close date, +/- a day. From there, I have 25 days to pay so I always do them all at once. +1 I've adjusted all cards so closing is around 27th of each month Near 1st of the month, I use online bill pay to pay off each card's full balance Then sometime dur...
by LookinAround
Sun Dec 22, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: SECURE Act and RMDs
Replies: 62
Views: 6732

Re: SECURE Act and RMDs

I'm not a CPA but since the law goes into effect Jan 1, 2020 I would think she's on the wrong side of the cusp :(