Search found 434 matches

by CoastalWinds
Fri Sep 20, 2019 2:02 pm
Forum: Personal Investments
Topic: Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?
Replies: 21
Views: 1370

Re: Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?

... where/how do you figure out that X% (8% in your example) of the total dividend is withheld for foreign tax? https://advisors.vanguard.com/VGApp/iip/advisor/csa/investments/taxcenter/articles?file=TaxTotalIntlStockFund2018 For VTIAX in 2018 the value was 0.08039 (8.039%). Thank you, I just found...
by CoastalWinds
Fri Sep 20, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 135
Views: 33447

Re: 2017 Relative Tax Efficiency

Is it just me, or is there is a flaw in the numbers used for the "Dividend Distribution per Share" for the international funds/ETFs? For example, for VXUS, it is showing the distribution after foreign taxes have been removed, whereas it should be adding the foreign tax back in since we pay US taxes ...
by CoastalWinds
Fri Sep 20, 2019 12:10 pm
Forum: Personal Investments
Topic: Question on Triceratop Tax Efficiency Spreadsheet
Replies: 0
Views: 142

Question on Triceratop Tax Efficiency Spreadsheet

Hi, I just downloaded the triceratop tax efficiency spreadsheet for the first time and am trying to make sure I understand it correctly so that I can enter numbers specific to my situation. I had a question about the row that says: "Dividend Distribution per Share", particularly as it pertains to th...
by CoastalWinds
Fri Sep 20, 2019 11:03 am
Forum: Personal Investments
Topic: Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?
Replies: 21
Views: 1370

Re: Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?

In a higher tax bracket, it is probably better to have US stock in taxable and foreign stock in tax-deferred. Suppose that a US stock fund has a 2% yield, all qualified, and a foreign stock fund has a 3% yield, 2/3 qualified, and 8% of the dividend is withheld for foreign tax. (These are close to r...
by CoastalWinds
Wed Sep 18, 2019 7:29 pm
Forum: Personal Investments
Topic: About to buy first ETF: help me get started on the right foot
Replies: 1
Views: 195

About to buy first ETF: help me get started on the right foot

I’d like to buy IXUS in a Fidelity taxable account for my future ever ETF purchase ever. To-date, I’ve held off on buying ETFs because I still don’t fully understand bid/ask spreads and premium/discount, but I’ve been told that if I buy mid-day and use the correct type of order (a limit order?) that...
by CoastalWinds
Wed Sep 18, 2019 7:15 pm
Forum: Personal Investments
Topic: Large one-time purchase: ETF or Admiral fund?
Replies: 15
Views: 1091

Re: Large one-time purchase: ETF or Admiral fund?

I traditionally have been buying Admiral funds on a monthly basis (mostly VTSAX and VFIAX) for my taxable account. I now have a fairly large amount of proceeds gained from selling company stock that I want to invest. Seems like the Qualified dividend ratio for ETF is slightly better than the fund (...
by CoastalWinds
Wed Sep 18, 2019 7:13 pm
Forum: Personal Investments
Topic: Large one-time purchase: ETF or Admiral fund?
Replies: 15
Views: 1091

Re: Large one-time purchase: ETF or Admiral fund?

Northern Flicker wrote:
Wed Sep 18, 2019 5:52 pm
When the ETF trades at or above NAV, buy the mutual fund then convert all shares to the ETF.
Does a (subsequent) conversion guarantee you will get it at NAV on the date of conversion? What type of order do you recommend?
by CoastalWinds
Wed Sep 18, 2019 10:22 am
Forum: Personal Investments
Topic: Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?
Replies: 28
Views: 2264

Re: Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?

I think the consensus is that IXUS has a better track record than the similar Vanguard fund tax-wise. But maybe I just thought so, and I agreed with myself. I just did a 3-, 5-, and 10-year performance comparison (“growth of 10K”) on Morningstar, comparing VTIAX, VXUS, and IXUS. I was expecting sim...
by CoastalWinds
Tue Sep 17, 2019 8:15 pm
Forum: Personal Investments
Topic: Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?
Replies: 21
Views: 1370

Total International (VTIAX) in Taxable Acct or 401k for High Tax Bracket?

I figure this might be a question best answered with triceratop’s tax efficiency spreadsheet if only I could (1) unlock it and (2) actually knew how to use it. But since I can’t do either, I’m hoping for some help from the BH brain trust (maybe someone can help input my fund and tax assumptions belo...
by CoastalWinds
Tue Sep 17, 2019 4:10 pm
Forum: Personal Investments
Topic: Trying to Understand Tax Calculation on Qualified Dividends
Replies: 8
Views: 884

Re: Trying to Understand Tax Calculation on Qualified Dividends

trueblueky wrote:
Tue Sep 17, 2019 3:20 pm
https://engaging-data.com/tax-brackets/

This gives a simplified version graphically, not including NII. In each bracket, some goes to taxes and some is kept.
Thanks, that’s a really cool interactive graphic!
by CoastalWinds
Tue Sep 17, 2019 9:10 am
Forum: Investing - Theory, News & General
Topic: What drives differences in index fund tax efficiency?
Replies: 4
Views: 448

Re: What drives differences in index fund tax efficiency?

Bumping. I’m interested in hearing thoughts on this too.
by CoastalWinds
Tue Sep 17, 2019 8:51 am
Forum: Personal Investments
Topic: Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?
Replies: 28
Views: 2264

Re: Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?

IXUS, IDEV, and IEFA are all more tax efficient than VXUS or VEA. IXUS and VXUS include emerging markets, the other three are developed markets. IXUS holds 4342 stocks vs 7000+ for VXUS. There are 6396 stocks in the index being tracked by IXUS. Instead of using full replication I think it uses samp...
by CoastalWinds
Mon Sep 16, 2019 8:14 pm
Forum: Personal Investments
Topic: Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?
Replies: 28
Views: 2264

Re: Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?

Alternatively if there isn’t an international fund with a higher QDI %, you could hold your international allocation in your tax deferred account(s) and hold only VTSAX in your Taxable account. Except those are already stuffed with fixed income/bonds per BH recommendations on tax-efficient fund pla...
by CoastalWinds
Mon Sep 16, 2019 8:04 pm
Forum: Personal Investments
Topic: Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?
Replies: 28
Views: 2264

Looking for a More Tax-Efficient Intl Index Fund than Vanguard Total International (VTIAX)?

The VG Total Intl Stock fund (VTIAX) has a pretty sizable chunk of non-qualified dividends (~25%) that get taxed at one’s marginal tax rate (when held in a taxable investment account). Compare this with the ~100% Qualified Dividend of the VG Total US Stock fund (VTSAX). While I understand it provide...
by CoastalWinds
Mon Sep 16, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to figure out what % of YTD dividends are qualified ?
Replies: 9
Views: 552

Re: How to figure out what % of YTD dividends are qualified ?

delamer wrote:
Mon Sep 16, 2019 7:16 pm
CoastalWinds wrote:
Mon Sep 16, 2019 7:07 pm
So the qualified portion of dividends already-paid this year isn’t made known anywhere? Seems odd.
Are you talking about mutual funds/ETFs or individual stocks?
Vanguard MFs
by CoastalWinds
Mon Sep 16, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 470
Views: 21052

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

Bought at a good time and they dont have to save for retirement likes those that dont have a cushy pension. This is not the norm, so I take his situation with a grain of salt and chalk it up to luck and a pension. He also initially stated he saved 50% of his income, which obviously isnt the case at...
by CoastalWinds
Mon Sep 16, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to figure out what % of YTD dividends are qualified ?
Replies: 9
Views: 552

Re: How to figure out what % of YTD dividends are qualified ?

So the qualified portion of dividends already-paid this year isn’t made known anywhere? Seems odd.
by CoastalWinds
Mon Sep 16, 2019 6:30 pm
Forum: Personal Investments
Topic: Trying to Understand Tax Calculation on Qualified Dividends
Replies: 8
Views: 884

Trying to Understand Tax Calculation on Qualified Dividends

I’m trying to make sure I understand the interplay between ordinary income and long-term cap gains (LTCG) /qualified dividends (QD) as it pertains to taxation of the latter. I’ll start with my question and end with an example. When the “taxable income” line of the Form 1040 return (Line 10) exceeds ...
by CoastalWinds
Mon Sep 16, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: How to figure out what % of YTD dividends are qualified ?
Replies: 9
Views: 552

How to figure out what % of YTD dividends are qualified ?

How/where do I figure out how much of the year-to-date dividends in my taxable account are qualified (for the lower tax rate) vs non-qualified?
by CoastalWinds
Mon Sep 16, 2019 11:40 am
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4522

Re: Rebalancing to Oblivion

Dear typical.investor, 1- Your comparison table is guilty of comparing portfolios with a distinct effective average allocation to stocks. You should do a proper comparison of portfolios with equal effective average allocation to stocks. 2- Here's one of the posts I linked to that shows that keeping...
by CoastalWinds
Mon Sep 16, 2019 10:58 am
Forum: Personal Investments
Topic: Rebalancing to Oblivion
Replies: 50
Views: 4522

Re: Rebalancing to Oblivion

Dear typical.investor, 1- Your comparison table is guilty of comparing portfolios with a distinct effective average allocation to stocks. You should do a proper comparison of portfolios with equal effective average allocation to stocks. 2- Here's one of the posts I linked to that shows that keeping...
by CoastalWinds
Sun Sep 15, 2019 3:28 pm
Forum: Personal Consumer Issues
Topic: Senior fell in major store
Replies: 25
Views: 3045

Re: Senior fell in major store

What does it matter if it was a “major store” or a minor store (however those are defined)?

What does it matter if it was a senior, or a child?
by CoastalWinds
Sun Sep 15, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8541

Re: Do You Tip At Counter Service Restaurants?

Absolutely not. There is really no reason for tipping in such places. If you want to reward your barista for doing a good job with your drink, drop some change in the tip jar. But asking for tips before any service is totally nonsensical. And I tip very generously under normal circumstances with ta...
by CoastalWinds
Sun Sep 15, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8541

Re: Do You Tip At Counter Service Restaurants?

Dottie57 wrote:
Sun Sep 15, 2019 3:09 pm
Yes I tip. If I have enough to buy prepared food from a vendor I can afford at least 10% tip.
This is interesting logic. Not sure I agree.
by CoastalWinds
Sun Sep 15, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: What does “Stay the Course” mean exactly?
Replies: 35
Views: 2957

What does “Stay the Course” mean exactly?

I’ve always interpreted it to mean to develop your investment plan (IPS) and then follow it religiously no matter what the market does. But is this what Jack Bogle meant?
by CoastalWinds
Sun Sep 15, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: Do You Tip At Counter Service Restaurants?
Replies: 145
Views: 8541

Re: Do You Tip At Counter Service Restaurants?

It’s guilt-based social engineering, and it is out of control.
by CoastalWinds
Sun Sep 15, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Eligible for Mega-Backdoor Roth (MBR)?
Replies: 12
Views: 879

Re: Eligible for Mega-Backdoor Roth (MBR)?

How do you know it doesn’t allow after-tax non-Roth contributions? Am I missing something? In the section on “Contributions”, it’s silent on the topic. Whereas with a previous plan my DH had, it specifically said these are not allowed. Before my employer added after-tax non-Roth plan, it was not ev...
by CoastalWinds
Sun Sep 15, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Best Printer for my needs? (compact, color prints, scanning)
Replies: 3
Views: 289

Best Printer for my needs? (compact, color prints, scanning)

Hi BH brain trust

I’m in the market for a new printer/scanner. Here are the specs I want:

-small / compact
-color print capable
-ability to scan documents

What do folks recommend?

Thank you
by CoastalWinds
Sun Sep 15, 2019 10:52 am
Forum: Non-US Investing
Topic: One week out of the market?
Replies: 30
Views: 2338

Re: One week out of the market?

Use/request overnight mail to minimize time out. Then cross your fingers.
by CoastalWinds
Sun Sep 15, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 8163

Re: Oil price going to a $100-- time to change your asset allocation??

Well, maybe my beleaguered energy fund VGENX will finally show a little uptick. Then I can dump it with less regret.
by CoastalWinds
Sun Sep 15, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Eligible for Mega-Backdoor Roth (MBR)?
Replies: 12
Views: 879

Re: Eligible for Mega-Backdoor Roth (MBR)?

Then why does it say the part about avoided taxes on any after-tax amounts that are rolled into the Roth? If they wanted to limit it to pre-tax, they would have called it a pre-tax account, not a non-Roth account. If there are any after-tax amounts in the rollover, they won't be taxed. That's just ...
by CoastalWinds
Sun Sep 15, 2019 10:36 am
Forum: Personal Investments
Topic: what should I be doing with my after-tax 401k contributions?
Replies: 30
Views: 2221

Re: what should I be doing with my after-tax 401k contributions?

OK, I called my plan administrator yesterday. She confirmed that the company match does indeed apply to After-Tax contributions, and that After-Tax contributions can be converted to Roth 401k funds at any time. The only limitation is the minimum amount for conversion is $500. I'll probably wait unt...
by CoastalWinds
Sun Sep 15, 2019 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Eligible for Mega-Backdoor Roth (MBR)?
Replies: 12
Views: 879

Re: Eligible for Mega-Backdoor Roth (MBR)?

No, it is not mega Roth. It is just an in-plan Roth rollover of an already existing tax-deferred (pre-tax) account. Then why does it say the part about avoided taxes on any after-tax amounts that are rolled into the Roth? If they wanted to limit it to pre-tax, they would have called it a pre-tax ac...
by CoastalWinds
Sun Sep 15, 2019 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Eligible for Mega-Backdoor Roth (MBR)?
Replies: 12
Views: 879

Re: Eligible for Mega-Backdoor Roth (MBR)?

One possibility could be if you rolled over a 401k from a previous employer that had after-tax (not Roth) account. The plan is saying that,in such a case, you can transfer the after-tax to Roth (and the gains will be taxed at the time of transfer) Just looked at the rollover form to roll outside fu...
by CoastalWinds
Sat Sep 14, 2019 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Eligible for Mega-Backdoor Roth (MBR)?
Replies: 12
Views: 879

Re: Eligible for Mega-Backdoor Roth (MBR)?

No, it is not mega Roth. It is just an in-plan Roth rollover of an already existing tax-deferred (pre-tax) account. Then why does it say the part about avoided taxes on any after-tax amounts that are rolled into the Roth? If they wanted to limit it to pre-tax, they would have called it a pre-tax ac...
by CoastalWinds
Sat Sep 14, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Eligible for Mega-Backdoor Roth (MBR)?
Replies: 12
Views: 879

Eligible for Mega-Backdoor Roth (MBR)?

In reviewing my husbands 401k Summary Plan Description, there is no mention of making after-tax (non-Roth) contributions. It only discusses elective pre-tax and elective Roth. It is completely silent on after-tax contributions. However, there is the following section: In-Plan Roth Rollovers of Amoun...
by CoastalWinds
Sat Sep 14, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 470
Views: 21052

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

So, you’re making $115k/year and you get 180 days a year off (your words). That’s a really good salary!
by CoastalWinds
Thu Sep 12, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4705
Views: 1207551

Re: What Movie Have You Recently Watched?

“Brad’s Status”, with Ben Stiller. A great perspective movie with financial/status undercurrents.
by CoastalWinds
Tue Sep 10, 2019 8:04 pm
Forum: Personal Investments
Topic: Seeking advise on portfolio 34yo (switching out of Vanguard advising services)
Replies: 5
Views: 900

Re: Seeking advise on portfolio 34yo (switching out of Vanguard advising services)

Looks good, although unless you plan to be out of the market for 30 days after TLHing, you’ll (eventually) need to find a suitable partner for your taxable holdings. You could use VTCLX with VTSAX and VFWAX with VTIAX. The wiki has good info on pros/cons of DIV reinvestment. Personally, I would rein...
by CoastalWinds
Tue Sep 10, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: How to update online VG account with cost basis for non-covered shares?
Replies: 6
Views: 329

Re: How to update online VG account with cost basis for non-covered shares?

Cheez-It Guy wrote:
Tue Sep 10, 2019 7:21 pm
They don’t. That’s why the rules were changed.
Wouldn’t they require some form of documentation (such as past account statement) to confirm the cost basis?
by CoastalWinds
Tue Sep 10, 2019 7:51 pm
Forum: Personal Investments
Topic: Hold Physical Cash if Rates Go Negative?
Replies: 39
Views: 4871

Re: Hold Physical Cash if Rates Go Negative?

Let me paraphrase the responses to the government's ability to devalue cash (if it come to that): Embrace the suck. Yup, sounds about right. I know it’s all relative; long-term appreciation rates on all asset classes would come down. But I’m wondering if they would all be affected equally, or would...
by CoastalWinds
Tue Sep 10, 2019 7:34 pm
Forum: Personal Investments
Topic: Hold Physical Cash if Rates Go Negative?
Replies: 39
Views: 4871

Re: Hold Physical Cash if Rates Go Negative?

UpperNwGuy wrote:
Tue Sep 10, 2019 7:31 pm
Why do you think rates might go negative?
I’m not convinced they will (in the US; they already are overseas). I’m just thinking about the implications and potential strategies that might be used to deal with such an occurrence.
by CoastalWinds
Tue Sep 10, 2019 7:10 pm
Forum: Personal Investments
Topic: Hold Physical Cash if Rates Go Negative?
Replies: 39
Views: 4871

Re: Hold Physical Cash if Rates Go Negative?

Couldn’t you just hold money market funds instead of physical cash? They might not yield anything, but if they go negative, doesn’t that mean they “break the buck”, which could have other implications? I assume MM funds would sport a negative yield before bonds did. MM funds typically hold ultra-sh...
by CoastalWinds
Tue Sep 10, 2019 7:04 pm
Forum: Personal Investments
Topic: Hold Physical Cash if Rates Go Negative?
Replies: 39
Views: 4871

Hold Physical Cash if Rates Go Negative?

Trying to wrap my head around the implications of negative interest rates. If banks/bonds charged interest (ie, a negative rate) for holding assets, wouldn’t this likely cause people to start to hoard physical cash as an asset class preferential to bonds? And if so, what sort of plans have people th...
by CoastalWinds
Tue Sep 10, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to update online VG account with cost basis for non-covered shares?
Replies: 6
Views: 329

How to update online VG account with cost basis for non-covered shares?

Hi BHs I have several lots of Total US Stock Market (VTSAX) and Developed Markets (VTMGX, formerly Tax-Managed International) that I purchased in my VG taxable account before January 2012. Although VG doesn’t display the cost basis history for these “non-covered shares”, I have kept a detailed sprea...
by CoastalWinds
Tue Sep 10, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: In retirement, a $100 monthly expense needs $30,000 in your portfolio
Replies: 68
Views: 6780

Re: In retirement, a $100 monthly expense needs $30,000 in your portfolio

One thing that struck me: this helps me appreciate the value of Social Security retirement benefits. If my benefit will be $2,500 at FRA, then I could say it’s equivalent to $750k in my portfolio. Not bad! And let’s not forget, these aren’t entitlements. You earned this benefit by paying into the s...
by CoastalWinds
Mon Sep 09, 2019 9:36 am
Forum: Personal Investments
Topic: Getting 401k squared away.
Replies: 13
Views: 1028

Re: Getting 401k squared away.

Looks like you have access to VINIX, VTIAX, and VBTLX in your 401k plan. Lucky you! There’s your 3-Fund portfolio!

At your age, I’d say go 80/20 on your asset allocation, when all of your accounts are taken as a whole.
by CoastalWinds
Sun Sep 08, 2019 12:08 pm
Forum: Personal Investments
Topic: Is it a right time to start invest ?
Replies: 27
Views: 2603

Re: Is it a right time to start invest ?

I don’t believe the recession clouds will clear until we actually have a recession. When that will happen, nobody knows.