Search found 242 matches

by manedark
Wed Jun 27, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11156

Re: Feel like I'm sinking money into international

Every asset class has its day. Like all under-performers, international will be an over-performer in its own time. The way to make money on an asset class is to own it before it does well. That means owning it when it is having is disappointing years as well. If you wait until it is doing well to h...
by manedark
Tue Jun 12, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation for free-lancers
Replies: 23
Views: 1954

Re: Taxation for free-lancers

She can certainly claim valid business expenses based on the business portion of use but sometimes equipment (computers, etc) has to be depreciated over its life. You can use accelerated depreciation but thats a tricky area. If she has a home office you can deduct those expenses (provided she has a...
by manedark
Tue Jun 12, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation for free-lancers
Replies: 23
Views: 1954

Re: Taxation for free-lancers

1. Yes, you can continue to file MFJ. I would still run the numbers both ways to see which way (MFJ or MFS) is optimal. 2. I would say it depends on the type of work she'll be doing. If she's doing provide services where liability may be an issue, it's probably better to create a business entity an...
by manedark
Tue Jun 12, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Taxation for free-lancers
Replies: 23
Views: 1954

Taxation for free-lancers

Hi BHers, DW would be starting a freelancing job that will potentially pay her $1000 or more a month. We are married filing jointly. I had a couple of questions that it would be great if you could a answer: 1. Can my wife continue to file a joint return with me? Or does it make sense to file separat...
by manedark
Sat Jun 09, 2018 12:20 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10307

Re: What are you doing with cash?

What's the difference between Vanguard Money Market and Money Market Prime? Can I make Prime as my defaul settlement account? Also, does Vanguard remove the minimum limit of 3000$ for a settlement fund? Can anybody answer this pls, esp the second question. I have no clue, but I vanguard would answe...
by manedark
Wed Jun 06, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: How to sell large position of shares / lots over time
Replies: 7
Views: 662

Re: How to sell large position of shares / lots over time

My initial thought was to sell off the long positions, which can be offset by the carry over loss. But then why not sell the most recent positions that have little to no gain? If I'm selling out of a stock to reduce my exposure then what's the difference which ones I pick? You can always sell the r...
by manedark
Tue Jun 05, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10307

Re: What are you doing with cash?

I currently keep "ready cash" in VMLTX (limited term tax-exempt) in my taxable account. This is predominantly for anticipated upcoming large purchases, but I anticipate building it up a bit more in the future as my portfolio grows and I potentially branch into alternative investments (e.g. real-est...
by manedark
Tue Jun 05, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10307

Re: What are you doing with cash?

manedark wrote:
Mon Jun 04, 2018 11:37 pm
What's the difference between Vanguard Money Market and Money Market Prime?
Can I make Prime as my defaul settlement account?

Also, does Vanguard remove the minimum limit of 3000$ for a settlement fund?
Can anybody answer this pls, esp the second question.
by manedark
Tue Jun 05, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10307

Re: What are you doing with cash?

What are you doing with cash? Spending it. Yes, that is the American way. It's just not the Boglehead way. Sure it is Leif..... 70 and into 7 years retired ,,, pension and SS pay all the bills. RMD and draw from taxable are cash for travel, I spend that money. There are no bonus points for being ri...
by manedark
Mon Jun 04, 2018 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: VTI or VTSMX and General Advice Wanted. [Vanguard Total Stock]
Replies: 7
Views: 980

Re: VTI or VTSMX and General Advice Wanted. [Vanguard Total Stock]

From a tax perspective, are you a US citizen? If so, that would make you an "ex-patriot", i.e. "ex-pat". We can help you with that. The latin roots are not the same. "expatriate" comes from ex + patria -- literally "out of fatherland" and as such has no implication of lack of loyalty. It's importan...
by manedark
Mon Jun 04, 2018 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10307

Re: What are you doing with cash?

What's the difference between Vanguard Money Market and Money Market Prime?
Can I make Prime as my defaul settlement account?

Also, does Vanguard remove the minimum limit of 3000$ for a settlement fund?
by manedark
Mon Jun 04, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage - order placed without enough funds
Replies: 14
Views: 1062

Re: Vanguard Brokerage - order placed without enough funds

I called Vanguard today and they said it was Ok for me to trade even though the funds would actually be debited from my source bank account on Wednesday (2 business days after I initiated the transfer). BTW it was a pull ACH by Vanguard brokerage from the bank account. I saw the "funds" available to...
by manedark
Mon Jun 04, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tax software for 2018
Replies: 20
Views: 1698

Re: Tax software for 2018

Thanks all for the links.

I used the H&R block link to try and estimate the taxes - it is coming close to the back of envelope calculations I made to know the amount of money I need to keep aside for giving back to the IRS in April 2019.
by manedark
Mon Jun 04, 2018 12:23 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10307

Re: What are you doing with cash?

After reading the debate on whether having a savings account is worth it or not, I am left with a few questions. I am not looking to debate whether looking to grow my cash is smart or not, so just throwing that out there as it appears a few in that thread wanted to do. I am younger in my investing ...
by manedark
Sun Jun 03, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 10307

Re: What are you doing with cash?

After reading the debate on whether having a savings account is worth it or not, I am left with a few questions. I am not looking to debate whether looking to grow my cash is smart or not, so just throwing that out there as it appears a few in that thread wanted to do. I am younger in my investing ...
by manedark
Sun Jun 03, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Tax software for 2018
Replies: 20
Views: 1698

Tax software for 2018

Hi BHers, I have a big amount of capital gains in this year that I want to run through a tax software to make sure of my advanced tax payment requirements. I also have foreign income and I am a resident alien residing in California. Which tax software would you recommend? Should I be going with some...
by manedark
Sat Jun 02, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about RSUs and asset allocation
Replies: 12
Views: 987

Re: Thinking about RSUs and asset allocation

I think you should make the adjustments after RSUs vsst and you sold them already.
by manedark
Sat Jun 02, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Diversifying from Amazon stock - help!
Replies: 19
Views: 2229

Re: Diversifying from Amazon stock - help!

My husband works for Amazon, and as part of his W-2 compensation regularly gets Amazon stock (it's not a stock option, but actual compensation). He's been working there for 7 years, and we've just let the stock build up without doing anything with it. Our other investments are in our 401k and Roth ...
by manedark
Sat Jun 02, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Diversifying from Amazon stock - help!
Replies: 19
Views: 2229

Re: Diversifying from Amazon stock - help!

My husband works for Amazon, and as part of his W-2 compensation regularly gets Amazon stock (it's not a stock option, but actual compensation). He's been working there for 7 years, and we've just let the stock build up without doing anything with it. Our other investments are in our 401k and Roth ...
by manedark
Sat Jun 02, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage - order placed without enough funds
Replies: 14
Views: 1062

Re: Vanguard Brokerage - order placed without enough funds

If you don't have enough to pay for a transaction by the settlement date, Vanguard can sell any securities in your account in order to settle the transaction. I believe T-bills settle on the same day, so you would need the funds in your account on Monday. I believe Vanguard credits the funds immedi...
by manedark
Sat Jun 02, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Brokerage - order placed without enough funds
Replies: 14
Views: 1062

Vanguard Brokerage - order placed without enough funds

HI BHers, Quick question - Vanguard let me place a $20,000 order to buy a 23 week T-Bill at auction even though my money market settlement fund has just $50. I am I going to be charged a fee for "overdrafting"? If I initiate transfer from my bank account now, will Vanguard see it in time i.e. on Mon...
by manedark
Sat Jun 02, 2018 7:58 am
Forum: Investing - Help with Personal Investments
Topic: VASGX with 25-30 year investment plan. Looking for advice. [Vanguard LifeStrategy Growth]
Replies: 31
Views: 2553

Re: VASGX with 25-30 year investment plan. Looking for advice. [Vanguard LifeStrategy Growth]

Thank you all for you posts. You all have made excellent points. I should clarify my idea of risk. The mistakes I have made have been making a profit then jumping out (not sticking around for the dividends.) I have yet to sell below what I originally Invested. My most recent sell off was the whole ...
by manedark
Fri Jun 01, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: TLH question
Replies: 6
Views: 391

Re: TLH question

I do not TLH to offset long term capital gains. Seems pointless to me unless you expect to at some point be in a tax bracket where you will have a lower long term capital gain tax rate than current. I only TLH to offset against personal income because my personal income tax rate is higher than the ...
by manedark
Fri Jun 01, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: TLH question
Replies: 6
Views: 391

Re: TLH question

livesoft wrote:
Fri Jun 01, 2018 8:16 am
The $100K gains are really orthogonal to whether one should TLH or not. Of course one should TLH when they have losses and it doesn't matter if they have gains or not.

See IRS Form 1040 Schedule D to see how losses and gains interact.
Thanks Livesoft.
by manedark
Fri Jun 01, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: TLH question
Replies: 6
Views: 391

Re: TLH question

The Wiki here has a good overview; make sure it's 31 days, not 30 and that you have not bought/sold the same securities in any of your accounts. You can buy the same funds/stocks in 31 days or buy something similar but not identical immediately. Funds and ETF's give plenty of options for finding su...
by manedark
Thu May 31, 2018 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: TLH question
Replies: 6
Views: 391

TLH question

Hi, I have 100K of realized capital gains from a stock thats invested in VTSAX and VTIAX. Question 1. If the funds fall anytime before December 2019, does it make sense for me to TLH to reduce taxes this year? 2. What should I keep in mind to TLH, not to reinvest dividends, and buy the same funds af...
by manedark
Thu May 31, 2018 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 57
Views: 9714

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

I see no Buy Link for 26 week T bill, does it mean allnbills were already sold? Don't forget how auctions work: They happen and then they are over with on the same day. Thats what I was not clear about. So we can place an order on the auction day itself, not before, is that right? Do you see now th...
by manedark
Thu May 31, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help?
Replies: 16
Views: 1234

Re: Help?

For the sake of something to react to (original poster and other posters) have laid out illustrative executable steps to consider: 1) Move all of IRA into Vanguard Federal Money Market Fund (first you need to setup an IRA through Vanguard). 2) Move $100,000 of your emergency fund into a Vanguard Br...
by manedark
Thu May 31, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 57
Views: 9714

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

livesoft wrote:
Thu May 31, 2018 7:50 am
manedark wrote:
Thu May 31, 2018 1:33 am
I see no Buy Link for 26 week T bill, does it mean allnbills were already sold?
Don't forget how auctions work: They happen and then they are over with on the same day.
Thats what I was not clear about. So we can place an order on the auction day itself, not before, is that right?
by manedark
Thu May 31, 2018 1:33 am
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 57
Views: 9714

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

Hello, Bumping this up, as I was also interested in knowing how to buy T-bills through Vangaurd. I want to buy "new issues". I selected "Market" type as Auction and this what came up. As you can see, there's no place to select "buy". How does one go about buying (or placing an order for the next au...
by manedark
Wed May 30, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation help for a newbie
Replies: 6
Views: 646

Re: Asset allocation help for a newbie

I wish that was the case, there are extra fees in my 401k plan that brings the total annual operating expenses even higher that 1% with most funds except vanguard funds. Ok. In that case prefer Vanguard Index funds with lowest ER. Do you think these are better than the GNMA fund? or in other words ...
by manedark
Wed May 30, 2018 2:00 am
Forum: Investing - Help with Personal Investments
Topic: Opening a taxable...any reason for bonds?
Replies: 21
Views: 2510

Re: Opening a taxable...any reason for bonds?

eye.surgeon wrote:
Wed May 30, 2018 1:02 am
I'm starting to feel like "that guy" always bringing this issue up, but those in the highest tax bracket should actually consider holding their bonds in a taxable account rather than a retirement account.
Why?
by manedark
Wed May 30, 2018 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation help for a newbie
Replies: 6
Views: 646

Re: Asset allocation help for a newbie

401k plan is ok with max fees of 0.7-0.8% for vanguard funds, more for others. Below is a list of vanguard funds in my plan by asset type: I think you may have got that off by a decimal point - e.g. ER for VTSAX is 0.04%. Expected salary 271k+bonuses state california Your federal and state income t...
by manedark
Wed May 30, 2018 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: Very conservative, primarily interested in capital preservation
Replies: 30
Views: 4433

Re: Portfolio Review Request: Very conservative, primarily interested in capital preservation, unlikely to ever "retire"

Will contribute the maximum allowed $55k combined for 2018 before year end. How can you do that? Do you have a 457 plan (or other such provision) which allows a 18.5K limit over and above the 18.5K limit of the 401K (atleast that is my understanding). SWTSX (Schwab Total Stock): $1500 SWISX (Schwab...
by manedark
Mon May 28, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra cash?
Replies: 13
Views: 1812

Re: What to do with extra cash?

koxta wrote:
Mon May 28, 2018 7:45 pm
Sorry, I meant no disrespect, and the HEiL payoff sounds very reasonable. What I was trying to convey here is that if I go ahead and pay it off, then in two-three years or so I'll be back to square one, same extra income, without the loan. Hence "aside".
Ok. I misunderstood then. Np.
by manedark
Mon May 28, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra cash?
Replies: 13
Views: 1812

Re: What to do with extra cash?

Home equity loan aside, Why aside? Basically you are saying - 'I trash the advise given by 4-5 ppl here, tell me what I want to hear.' Get rid of that 5% loan as the first priority, thats a guaranteed 5% in bag without risks. Even a high quality total bond fund struggles to give that return in toda...
by manedark
Mon May 28, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Starting out
Replies: 19
Views: 2870

Re: Starting out

Just make sure you are aware of all the ERs i.e. Expense Ratio of each fund that UBS recommends to you.

Do remember that benchmark for a total stock market index fund like VTSAX is 0.04. And also in the long run small differences in ER can play a big role.
by manedark
Mon May 28, 2018 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a taxable...any reason for bonds?
Replies: 21
Views: 2510

Re: Opening a taxable...any reason for bonds?

drk wrote:
Mon May 28, 2018 4:14 pm
None at all. By doing so, you're following the tax-efficient fund placement recommendation almost to a T.
Is he? He will have to reduce the ratio of 80-20 of his 401K to compensate for the extra stock index fund he will have in the taxable, isn't it?
by manedark
Mon May 28, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Alternatives
Replies: 16
Views: 1644

Re: Emergency Fund Alternatives

I am using Ally Bank for my EF at 1.6%, but I am seriously considering 6 months T-bill at Vanguard yielding roughly 2.07% and its saving me 9.3% CA tax.
by manedark
Mon May 28, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 2733

Re: CIT MM Now 1.85% [Money Market]

That said, I thought we were in a rising interest rate environment right now.
by manedark
Mon May 28, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 2733

Re: CIT MM Now 1.85% [Money Market]

Thanks Kevin. Just to rephrase you simply, if the rates fall you are going to sell your treasury at a higher rate (just like it happens for bonds and bond funds).
by manedark
Mon May 28, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 2733

Re: CIT MM Now 1.85% [Money Market]

That would be my strategy. However, if short-term Treasury yields were to fall during the holding period, you could end up earning a higher annualized return than the initial yield. We just happen to have been in a period of rising yields lately, which is why it would have worked out the other way....
by manedark
Mon May 28, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: CIT MM Now 1.85% [Money Market]
Replies: 27
Views: 2733

Re: CIT MM Now 1.85% [Money Market]

It's true that Treasury Bills, and Treasuries in general, have low bid/ask spreads relative to other brokered products, like other types of bonds or CDs. However, as libralibra said, it's not just the trading costs that are a factor in liquidity, but also the ability to sell without taking a loss o...
by manedark
Mon May 28, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Individual stocks vs Total Stock Market
Replies: 30
Views: 2767

Re: Individual stocks vs Total Stock Market

The lows in early 2009 being a prime example if one purchased shares in and around those lows (all of us that have been on automatic purchases every 2 weeks or every month in our 401(k) plans bought shares during that trough), the recovery has been very kind to those shares purchased when everyone ...
by manedark
Mon May 28, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks vs Total Stock Market
Replies: 30
Views: 2767

Re: Individual stocks vs Total Stock Market

Thanks all. As I implied, I kind of know it was luck, just wanted to validate my thinking.
by manedark
Mon May 28, 2018 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks vs Total Stock Market
Replies: 30
Views: 2767

Re: Individual stocks vs Total Stock Market

If I look at other specific periods, I can find instances where my companies stock lost 75% of it's value while the S&P 500 still had positive returns. There were similar cases with my stock as well. I would keep this as a reminder. I like this company, but I don't really know anything special abou...
by manedark
Mon May 28, 2018 1:07 am
Forum: Investing - Help with Personal Investments
Topic: CD / Treasury vs Paying off Mortgage - Rates are really close
Replies: 12
Views: 1603

Re: CD / Treasury vs Paying off Mortgage - Rates are really close

I have taken that advise from grabiner and invested kn those Munis although a much smaller amount.
by manedark
Mon May 28, 2018 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks vs Total Stock Market
Replies: 30
Views: 2767

Re: Individual stocks vs Total Stock Market

First, was it luck or skill? Since it was no special selection I am going to guess luck. Second, we can't talk return without talking about risk. You could have gotten the same return with a total stock market fund with the application of leverage and margin. Double the risk, double the return. If ...
by manedark
Mon May 28, 2018 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks vs Total Stock Market
Replies: 30
Views: 2767

Re: Individual stocks vs Total Stock Market

I owned a stock that gave me a CAGR of 23‰ over last 10 years of DCA investing. It was no special selection I made but just an ESPP of where I worked. The return is double the Total Stock Market fund which was around 10%, question - was this double return not a case in favor of individual stocks. W...
by manedark
Mon May 28, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Individual stocks vs Total Stock Market
Replies: 30
Views: 2767

Re: Individual stocks vs Total Stock Market

First, was it luck or skill? Since it was no special selection I am going to guess luck. Second, we can't talk return without talking about risk. You could have gotten the same return with a total stock market fund with the application of leverage and margin. Double the risk, double the return. If ...