Search found 354 matches

by bradpevans
Thu Dec 06, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Gain and Tax Loss Harvesting
Replies: 10
Views: 735

Re: Capital Gain and Tax Loss Harvesting

I have a gain this year however it is still within the no tax due (low brackets). If i sell a municipal bond fund that I know longer need I will have a loss on that particular trade. Will this be a wasted loss? I don't need to reduce my gain from earlier since no tax due. Should I wait until Januar...
by bradpevans
Tue Dec 04, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Minimizing capital gains taxes when moving to low-cost funds?
Replies: 26
Views: 2959

Re: Minimizing capital gains taxes when moving to low-cost funds?

Fund ER Amount Unrealized cap gains SGENX 1.10 $216k $65k SGOVX 1.14 $90k $18k FKINX .61 $18k $3k HFCSX 1.50 $59k $11k Why wouldn’t you wait three years till you are in thrb0 LTCG bucket? You have to work out the costs. The expenses plus capital gains over the next three years will probably be more...
by bradpevans
Tue Dec 04, 2018 7:07 pm
Forum: Personal Consumer Issues
Topic: Travel now & work a bit longer, OR the other way around?
Replies: 38
Views: 2851

Re: Travel now & work a bit longer, OR the other way around?

We have big travel plans that could delay retirement a few years. Should we travel now when we know we are healthy, capable, and can enjoy time with the kids? Curious to hear others' thoughts on this matter. I'm 45, DW is 47. Kids 10 & 12. Could have a modest retirement at 50. Travel plans could de...
by bradpevans
Mon Dec 03, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Minimizing capital gains taxes when moving to low-cost funds?
Replies: 26
Views: 2959

Re: Minimizing capital gains taxes when moving to low-cost funds?

Hi everybody, thanks for reading this message. I need to sell a bunch of high expense-ratio mutual funds (which my former financial advisor put me into) so that I can put that money into low-cost Vanguard funds. But I’m debating about when exactly I should sell, trying to understand the trade-offs ...
by bradpevans
Mon Dec 03, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Out of Stocks to Pay Off Mortgage
Replies: 73
Views: 4962

Re: Out of Stocks to Pay Off Mortgage

I don't like the idea of paying down mortgage with potentially long term retirement funds, then start adding to those funds again. You end up with less long term money invested less time. This is an interesting point that I would like to explore. I agree with it, in the OP's case. Now consider a sc...
by bradpevans
Mon Dec 03, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Out of Stocks to Pay Off Mortgage
Replies: 73
Views: 4962

Re: Out of Stocks to Pay Off Mortgage

We are at the point where we are seriously considering selling off stocks to pay off our mortgage. Background: - Husband and I are mid-30s - About $200k left on mortgage (at 4.625%) - Have a little over $230k in taxable account - Have considerable invested in 401k and IRAs which won’t be touched as...
by bradpevans
Sun Dec 02, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Pay extra into mortgage or invest, considering Trump's tax plan ?
Replies: 29
Views: 2222

Re: Pay extra into mortgage or invest, considering Trump's tax plan ?

There is a wiki on this choice if you have not seen it. https://www.bogleheads.org/wiki/Paying_down_loans_versus_investing One concern I would have is that in the mortage is in some ways like a negative bond so that when you look at it that way if impacts your overall asset allocation if you keep t...
by bradpevans
Sun Dec 02, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 94
Views: 5922

Re: What percent of Managers beat the market BEFORE fees?

Example, there are ten managers in the large cap space, large cap returns returns 10% for a given amount of time. Eight managers return 9%, one manger returns 13% and one more returns 15%. 80% or 8 out of 10 underperform. Yeah, ok, sure, an average isn't a median, but the law of large numbers shoul...
by bradpevans
Sat Dec 01, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Room for Roth conversion?
Replies: 12
Views: 888

Re: Room for Roth conversion?

Another avenue might be tax GAIN harvesting if you havd such assets

Sell and re buy to bump up your basis but still at 0 LTCG
by bradpevans
Fri Nov 30, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting LT/ST
Replies: 10
Views: 754

Re: Tax loss harvesting LT/ST

i think i got it. i changed all my stocks from "reinvest" to "Deposit to Core Accouonts". I did have one more question on cost basis. I wanted to change it to specific ID, but Fidelity doesn't have that option but it's at FIFO by default. Which default method do I need to choose for future? They ha...
by bradpevans
Fri Nov 30, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting LT/ST
Replies: 10
Views: 754

Re: Tax loss harvesting LT/ST

Make sure you don't get caught in the 30/60 day window if you are trying to avoid a wash sale. I do not know the ex dividend dates of these stocks or whether or not you invested in them recently so not sure if applies. I just checked GILD's last dividend/reinvest was 9/25/18. HSBC was 11/21/18. So ...
by bradpevans
Thu Nov 29, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Investing all at once vs dollar cost averaging?
Replies: 39
Views: 2544

Re: Investing all at once vs dollar cost averaging?

Most of the reason that lumpsum "wins" about 2/3 of the time is simply due to time in the market. If you invest every month and take a year to get it all in, then you have 1/12 in for a year, 1/12 in for 11 months, 1/12 for 10.....1/12 for 1 month. i like DCA for ongoing investments (payroll deducti...
by bradpevans
Sun Nov 25, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Converting after tax contributions to a roth 401k
Replies: 25
Views: 1113

Re: Converting after tax contributions to a roth 401k

Since you have the "once a year" restriction, you may wish to fill that bucket in the shortest amount of time, then convert once you hit whatever threshold you have set. (Rather than filling the pretax and after tax simultaneously) This should help minimize the taxes due when you move the funds. I m...
by bradpevans
Sun Nov 25, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: 401k catch up contributions paid as lump sum
Replies: 5
Views: 435

Re: 401k catch up contributions paid as lump sum

FWIW,
My employer has a 30% (per paycheck) max contribution.

I bump it to that for my "bonus" (March)
by bradpevans
Sun Nov 25, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Match in Company Stock - What do you do
Replies: 15
Views: 1544

Re: 401k Match in Company Stock - What do you do

An employer match on a 401k plan is paid in company stock. The value of the stock (and therefore, the entire employer match portion in 401k) is down 30% over several years of receiving the match. Having made the mistake of not immediately converting the match when it was received to fit within your...
by bradpevans
Tue Nov 20, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19726

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

I cant take this anymore either...im buying more shares today! lol...im in it for the long run, no worries here! When in "accumulation phase" these drops mean buying on the cheap. When in de-cumulation phase they are a bit more worrisome, but i'm not there yet. Another viewpoint that i think many p...
by bradpevans
Tue Nov 20, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting - how much?
Replies: 13
Views: 979

Re: Tax loss harvesting - how much?

I have some shares I want to sell that are STCG loss. I know I can offset $3k against my income - can I also offset dividends I received over the year, and distributions from VTSAX? Do all the loss harvesting you can, these times are hard to come by in some years. I actually wish I had more to harv...
by bradpevans
Mon Nov 19, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: Ed Slott & Roth Conversions
Replies: 45
Views: 3557

Re: Ed Slott & Roth Conversions

^ The more time you have to recoup the taxes paid, the more your Roth conversion will work for you. Having a Roth is terrific on multiple levels, not the least would be tax diversification during retirement (and perhaps before retirement). As someone who has tried multiple maneuvers in the past to ...
by bradpevans
Thu Nov 15, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay of mortgage?
Replies: 13
Views: 1549

Re: Invest or pay of mortgage?

I'm in the invest camp (vs. pay off the mortgage aggressively camp). Time in the market is your friend. Many pay of the mortage, then start investing the mortgage payment. The mortgage payment schedule is shorter, and stops. The investment time is longer, and could be much longer (i.e. pass on to ki...
by bradpevans
Fri Nov 09, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Kitces article - coordinating multiple defined contribution plans
Replies: 8
Views: 936

Re: Kitces article - coordinating multiple defined contribution plans

I found Kitces's description of how the catchup contributions worked to be interesting, and counter to how it worked at DH's previous employer. I'd assumed that after reaching age 50 DH simply had a larger maximum contribution limit. His employer, however, split the contribution option into 2 parts...
by bradpevans
Thu Nov 08, 2018 10:58 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9390

Re: no dividends in index funds!

I wanted the quarterly dividends like I used to get with the blue chip stocks. It would just be additional income, often just at the right times. It was great to get a quarterly $800.00 dividend check. With the Index Funds I am lucky to get $300.00 quarterly for dividends.... How is selling shares ...
by bradpevans
Tue Nov 06, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: E. Jones/Vanguard and now Fisher Investments
Replies: 36
Views: 4720

Re: E. Jones/Vanguard and now Fisher Investments

I am age 75, no spouse, retired and have a portfolio of about $1.3 million 95% of which is with Edward Jones. This year I expect my EJ "fees and charges" to be about $14,500. With EJ, I have five accounts including an IRA and a Roth IRA plus one annuity which has a CDSC (Contingent Deferred Sales C...
by bradpevans
Thu Oct 25, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Need proceeds - which capital gains option would you take?
Replies: 5
Views: 346

Re: Need proceeds - which capital gains option would you take?

Tax Filing Status: Married Filing Jointly Tax Rate: 24% Federal, 5% State State of Residence: Ohio Taxable Investments <1% cash 12.0% VANGUARD DIVIDEND APPRECIATION ETF (VIG) (expense ratio=0.08%) 16.1% VANGUARD FTSE DEVELOPED MKTS ETF (VEA) (expense ratio=0.07%) 10.9% VANGUARD FTSE EMERGING MARKET...
by bradpevans
Wed Oct 24, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Downturn and Roth Conversions
Replies: 8
Views: 729

Re: Downturn and Roth Conversions

Am I correct that a market downturn is a good time to convert since each dollar converts a higher percentage of the tIRA? What am I missing? its a reasonable idea, especially if you are limited in Roth conversion (i.e. due to hitting tax brackets) If the investment "comes back" in the Roth account,...
by bradpevans
Tue Oct 23, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth – question re distributions
Replies: 2
Views: 197

Re: Mega Backdoor Roth – question re distributions

My 401k plan offers the option of non-Roth after-tax contributions, in addition to pre-tax and Roth contributions. The limit for the pre-tax and Roth contributions for 2018 are $18,500, but my total limit for all contributions (pre-tax, Roth and non-Roth after-tax) is $55,000. So, I’ve been taking ...
by bradpevans
Wed Oct 17, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: When to TLH?
Replies: 11
Views: 1241

Re: When to TLH?

28fe6 wrote:
Tue Oct 16, 2018 10:28 pm
If I'm in the 12% bracket, and thus LTCG exempt, can I still TLH?
Tax loss against INCOME is usually preferable to tax loss against gains (depending on rates of course)

Either way, you eventually will pay gains against the now lower basis
by bradpevans
Wed Oct 17, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Determining the "Better Buy"
Replies: 4
Views: 344

Re: Determining the "Better Buy"

This is not a market timing question. I repeat, this is not a market timing question. I max Roth, I max 401K, i invest any remainder in my taxable account according to my 60/40 US/Int'l allocation (US is best/cheapest fun in 401, so I balance as needed in taxable and/or Roth). My question is, based...
by bradpevans
Thu Oct 11, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Pension terminated .. have options
Replies: 28
Views: 3653

Re: Lump sump vs Pension at 5% compound

Hi my company has terminated my the pension. I have 18 years until I can retire. The options are: 1) to either leave it as is (currently $70,000)and collect 5% compound interest which would be $160,000 when I'm eligible to retire (this would be given to an insurance company). 2) Or Take lump sump (...
by bradpevans
Thu Oct 11, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on a large Roth conversion if we have a 30-40% correction.
Replies: 22
Views: 2409

Re: Opinions on a large Roth conversion if we have a 30-40% correction.

I am asking for opinions on if it is a good idea in the long run to do a one time large traditional to Roth conversion if markets tank. Currently have 1.3 million in a traditional and wife has 800,000 in her traditional. Age is 61 and 60, drawing a pension that covers all our expenses. 2 children i...
by bradpevans
Tue Oct 02, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling wobbly
Replies: 15
Views: 2011

Re: Feeling wobbly

Hello all: I'm 64 and working parttime. Until recently I had my retirement assets in just 3 funds. VTI, VXUS and AGG. My allocation was 40% in Bonds (AGG) and 60% in Equities, split 40% in VTI (domestic) and 20% in VXUS (Intl.) 3 funds and quite simple. About 6 months ago my wife and I hired a fina...
by bradpevans
Tue Oct 02, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7558

Re: Bonds... Why do people bother with them. ?

How many people on here were 100% stocks in 2008? I was 100% stocks through the dot bomb and through the financial crisis. I added a modest fixed income allocated two years ago. My story is similar. I am 52 and in the *accumulation* stage. If stocks go up, my old shares are now worth more. If share...
by bradpevans
Mon Oct 01, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: New Homeowners - Paint first or fix hard wood floors first?
Replies: 15
Views: 1284

Re: New Homeowners - Paint first or fix hard wood floors first?

As the title says. We just bought a home and are looking to fix up some of the stuff to our liking. Now we going to paint all the rooms and fix the hardwood floors. The question is what do we start off with first? Floors or painting? Do you have baseboard trim? you can do a nicer / easier job on th...
by bradpevans
Sat Sep 29, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortage if I'm already maxing 401k and Roth?
Replies: 16
Views: 2337

Re: Pay extra on mortage if I'm already maxing 401k and Roth?

I would open a taxable account and continue investing. This is what I do. I also recommend that if someone feels like doing something about the mortgage payment, just round up the payment to the nearest $10, $25 or $50 to scratch the mortgage paydown itch. This IS exactly what I do. 25.05 extra pri...
by bradpevans
Fri Sep 28, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortage if I'm already maxing 401k and Roth?
Replies: 16
Views: 2337

Re: Pay extra on mortage if I'm already maxing 401k and Roth?

Hello all, I'll make this short and sweet. I already max my 401k and Roth contributions. I have a fully funded emergency fund as well. Is it smart to now send any extra funds towards my mortgage at this point? The mortgage is my only debt, and I owe 127k on it. 3.75% interest rate. 12 years left if...
by bradpevans
Thu Sep 27, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: Converting rollover to Roth versus harvesting capital gains
Replies: 12
Views: 802

Re: Converting rollover to Roth versus harvesting capital gains

I am looking for financial planning and tax strategy help. I plan to stop working sometime in 2019 and do not expect to receive any employment income starting in 2020. Single tax filer, born in 1960. I plan to delay my social security until at least 2030, at which point I might receive $35,000 / ye...
by bradpevans
Thu Sep 27, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Why does rebalancing a 50/50 SP500/EAFE mix appear to increase return relative to an unrebalanced 50/50 mix?
Replies: 6
Views: 704

Re: Why does rebalancing a 50/50 SP500/EAFE mix appear to increase return relative to an unrebalanced 50/50 mix?

Hi first post here :) I'm 25, new to investing, and strongly believe in low-fee indexing. I've read William Bernstein's Intelligent Asset Allocator (2001) and am now reading his Four Pillars of Investing (2002). In the latter, p. 119, Bernstein writes: "Had you rebalanced a 50/50 S&P 500/EAFE [resp...
by bradpevans
Thu Sep 27, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: What to consider when selling company RSUs
Replies: 18
Views: 1925

Re: What to consider when selling company RSUs

General advice would be to sell right at vesting (essentially zero taxes beyond the ones collected at vesting). You might keep long term IF that stock fits your AA / risk tolerance. Once you are are 9-10 months it may make sense to wait for LTCG to kick in. Note you only owe on the *gain* since vest...
by bradpevans
Thu Sep 27, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Am I the only one...[using multiple accounts]
Replies: 27
Views: 1442

Re: Am I the only one...

money is fungible...you're fine
by bradpevans
Wed Sep 26, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to payoff my HELOC?
Replies: 9
Views: 850

Re: Does it make sense to payoff my HELOC?

Will your HELOC be available when you sell your current house?
by bradpevans
Wed Sep 26, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Testing validity of Monte Carlo Simulators
Replies: 34
Views: 2184

Re: Testing validity of Monte Carlo Simulators

I guess I should clarify. Since I know none of us can come back from the dead and tell us what was left the day they departed, what I was getting at was...if you are already retired, how close (or not) did the simulators come to predicting your actual situation (to date). Does that make sense? I do...
by bradpevans
Tue Sep 25, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Highly Compensated Employee - better to get paid $119k than $121k?
Replies: 8
Views: 2316

Re: Highly Compensated Employee - better to get paid $119k than $121k?

Most who hit 55K are either self employed
Or do 18.5 regular pre tax and then the rest by way if after tax 401k. The 55k does include employer match
by bradpevans
Mon Sep 24, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Any reason to leave the 401(k) with previous employer open
Replies: 25
Views: 2598

Re: Any reason to leave the 401(k) with previous employer open

I roll to IRA - but my motivation is broader menu of investments, which is not typical for this forum
by bradpevans
Sun Sep 23, 2018 4:12 pm
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5682

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I think the best way to make my point is look at the article and you see that the 100% equity glide path almost does as well as the upward sloping glide paths. I get a very different takeaway from the article. Maybe it depends on your definition of "almost does as well". If you look at the table ju...
by bradpevans
Sun Sep 23, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track for retirement? Also: Simplify? Optimize?
Replies: 7
Views: 1430

Re: Am I on track for retirement? Also: Simplify? Optimize?

I think some concepts are confused Sequence of risk is only relevant when you are no longer adding money and/or withdrawing. In accumulating its nit relevant Tax loss harvest is only applicable in taxable. Just watch auto reinvest in other accounts (many hear direct dividend to a money market to avo...
by bradpevans
Sun Sep 23, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Credit score impact of high card balance
Replies: 6
Views: 423

Re: Credit score impact of high card balance

I recently made a high (for me) purchase on a credit card. Would there be any advantage to making a payment early before the statement date so that the utilization rate was lower at the end of the statement period? Example: Suppose I had a card with a credit limit of $10,000 and typically had month...
by bradpevans
Sun Sep 23, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Funding a Roth IRA for 60+ Years
Replies: 7
Views: 1156

Re: Funding a Roth IRA for 60+ Years

Hello- First time poster and a bit intimidated, but I'm thankful for all the great info that I have learn thus far. My wife and I are in a fortunate position and I do not anticipate requiring our Roth IRA's to fund our retirements. I am in my 40's now and I believe we will be able to pass our Roth ...
by bradpevans
Sun Sep 23, 2018 8:06 am
Forum: Investing - Theory, News & General
Topic: For those who use a 2 year cash(like) buffer, how do you know when to use it?
Replies: 67
Views: 5682

Re: For those who use a 2 year cash(like) buffer, how do you know when to use it?

I think the best way to make my point is look at the article and you see that the 100% equity glide path almost does as well as the upward sloping glide paths. I get a very different takeaway from the article. Maybe it depends on your definition of "almost does as well". If you look at the table ju...
by bradpevans
Sat Sep 22, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying SS? How Long It Will Take for It to Pay Off?
Replies: 53
Views: 5340

Re: Delaying SS? How Long It Will Take for It to Pay Off?

But the decision [when to start SS benefits] should be made separately for each year. There's nothing special about one year. [1] The diagonal in the following table shows the one-year breakevens. But the table also shows the other combinations of yearly commencement of benefits. For example the br...
by bradpevans
Sat Sep 22, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Line of Credit, keep or close?
Replies: 5
Views: 357

Re: Home Equity Line of Credit, keep or close?

You might offer them less and see if they bite

FWIW, my credit union HELOC has no fees
by bradpevans
Fri Sep 21, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring at 55 - regular 401k vs. ROTH 401k....which?
Replies: 10
Views: 1150

Re: Retiring at 55 - regular 401k vs. ROTH 401k....which?

Many plans allow you to withdraw (401) money without penalty before 59.5 IF you in fact retire from that company after age 55. You will want to know for certainty what the rules are in your case. That's not a plan thing. They can't allow withdrawing before 59-1/2 unless you have stopped working the...