Search found 3999 matches

by iceport
Fri May 31, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: Avoiding the echo chamber?
Replies: 22
Views: 2396

Re: Avoiding the echo chamber?

retiredjg wrote:
Wed May 29, 2019 2:26 pm
What you need to do is get bored with all of this and move on to other interesting areas of life. Check in here on the forum a few times a year (or even a few times a month) to be sure nothing important is happening.

:D A bored investor is a good investor.
:thumbsup
:sharebeer
8-)
by iceport
Fri May 17, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Property Tax vs. Income Tax vs. Sales Tax in Retirement
Replies: 27
Views: 2086

Re: Property Tax vs. Income Tax vs. Sales Tax in Retirement

Taxes wouldn't even make my top 5 list of criteria for retirement location. Exactly the same here! To me, that's a classic example of the tail wagging the dog. Proximity to family, friends, natural and cultural resources and other quality-of-life factors are way, way more important to me. Sure, tax...
by iceport
Mon Mar 18, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: SWR and Social Security
Replies: 36
Views: 3664

Re: SWR and Social Security

Yes, this is what I meant. If you retire, at say 55. Lets say you have 20x expenses saved. Then you can start SS somewhere between 62 and 70. What gives the greatest probability of success? What did the results of FIRECalc and/or cFIREsim show when you tried various SS start dates and their corresp...
by iceport
Sat Mar 16, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: SWR and Social Security
Replies: 36
Views: 3664

Re: SWR and Social Security

Yes, this is what I meant. If you retire, at say 55. Lets say you have 20x expenses saved. Then you can start SS somewhere between 62 and 70. What gives the greatest probability of success? What did the results of FIRECalc and/or cFIREsim show when you tried various SS start dates and their corresp...
by iceport
Sat Mar 16, 2019 10:55 am
Forum: Investing - Theory, News & General
Topic: SWR and Social Security
Replies: 36
Views: 3664

Re: SWR and Social Security

Yes, this is what I meant. If you retire, at say 55. Lets say you have 20x expenses saved. Then you can start SS somewhere between 62 and 70. What gives the greatest probability of success? What did the results of FIRECalc and/or cFIREsim show when you tried various SS start dates and their corresp...
by iceport
Fri Mar 01, 2019 1:54 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting at Vanguard
Replies: 8
Views: 865

Re: Tax Loss Harvesting at Vanguard

I thought you can't tax loss harvest from VTSAX to VTI because they are substantially identical since they have the same holdings and use the same index benchmark? You are correct. There is no ambiguity in this case. Vanguard does not report such an exchange as a wash sale. However, since it is cle...
by iceport
Tue Feb 19, 2019 3:28 pm
Forum: Personal Investments
Topic: Are traditional 401k's of any value from a tax perspective?
Replies: 43
Views: 2589

Re: Are traditional 401k's of any value from a tax perspective?

So when comparing a traditional 401k to that of individually investing in a brokerage account, why would I put more than an employer match into a traditional 401k (strictly from a tax perspective)? You would use the traditional 401k to maximize your after-tax returns using a powerful tax advantage!...
by iceport
Tue Feb 12, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 355
Views: 33108

Re: Early retirees, how much did you leave on the table?

I bring back this thread and want to ask a related question. If you leave work and leave a lot of money on the table, but you friends continue to work and collect that money, how do you feel about that? I feel fine about that. It's not exactly like the situation is a surprise. I retired early, and ...
by iceport
Tue Feb 12, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 31036

Re: Tax 2018: Shock and Awe

The form is indeed a post card size, just the bottom half of a sheet. How are YOU doing? Not as good as you! I haven't figured my final tax liability yet, but my tax return bulked up from prior years: 2017: Form 1040 (2 full sides) Schedule A Schedule B Schedule D Schedule E Form 8582 2018: Form 10...
by iceport
Mon Feb 11, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tax law expiring in 2025
Replies: 22
Views: 2092

Re: Tax law expiring in 2025

Anyone doing anything financially at this point knowing the fact that new tax law will expire in 2025? In other words, do I need to change anything to take advantage of the period tax law remains in effect? Thanks. The income tax cut coincided exactly with my first full year of early retirement, an...
by iceport
Thu Feb 07, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 181
Views: 21045

Re: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) available February 7

Do we know yet what the expense ratio will be on the Admiral shares funds, e.g. VFSAX? Or will it still be worthwhile for folks to buy VSS? VSS = 0.13% VFSAX = 0.16% I refuse to believe it. I am going to will the Admiral class into having a 0.13% ER. Based on the most recent annual report, not yet ...
by iceport
Wed Feb 06, 2019 11:58 am
Forum: Investing - Theory, News & General
Topic: If you are old, why bother with rebalancing!!?
Replies: 114
Views: 7948

Re: If you are old, why bother with rebalancing!!?

If one has any portfolio of equities:bonds in an asset allocation of between 30:70 and 70:30 and one is over age 62 (especially if one is collecting SS benefits), then there is no point is worrying about rebalancing, no point in looking at one's asset allocation, and no actual point in rebalancing....
by iceport
Wed Dec 19, 2018 2:24 pm
Forum: Personal Investments
Topic: Help a dummy TLH...
Replies: 41
Views: 1834

Re: Help a dummy TLH...

I'm confused -- the older version of the text referred to "different mutual funds" and the newer version refers to "different corporations". Where was a "different company" test eliminated? Nowhere, I was just being imprecise. The older passage was commonly used to support the notion that mutual fu...
by iceport
Wed Dec 19, 2018 1:12 pm
Forum: Personal Investments
Topic: Help a dummy TLH...
Replies: 41
Views: 1834

Re: Help a dummy TLH...

... Presently, the IRS does not deem this type of transaction as involving substantially identical securities and so it is allowed, although this may be subject to change in the future as the practice becomes more widespread. I don't know how trustworthy Investopedia is, but that's a data point. Th...
by iceport
Fri Nov 16, 2018 10:09 am
Forum: Personal Consumer Issues
Topic: Do You Backup Your Phone Locally? How?
Replies: 17
Views: 1119

Re: Do You Backup Your Phone Locally? How?

Bumping to try again for help on this...

Anyone have any suggestions for backing up personal data from an android phone locally (to a PC)?
by iceport
Fri Nov 16, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2723

Re: Understanding the difference in cell phone OS types

Back to the original question, most of us have made a choice (sometimes more than one). It's such a broad question, it's hard to really provide a useful answer, and reading the wide range or responses here is amusing. Here's a recent thread from someone with a flip phone who dove in with both feet ...
by iceport
Sun Nov 04, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: Do You Backup Your Phone Locally? How?
Replies: 17
Views: 1119

Re: IT Help Needed: Best Way to Backup a Phone?

What specifically are you worried about? If someone where to get my photos or contact or emails or texts that I didn't know, I wouldn't go crazy. It is mostly garbage. To me, that is less important than my SSN, banking information, investment account info, etc. I don't know! I'd just rather not hav...
by iceport
Sat Nov 03, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Do You Backup Your Phone Locally? How?
Replies: 17
Views: 1119

Re: IT Help Needed: Best Way to Backup a Phone?

What specifically are you worried about? If someone where to get my photos or contact or emails or texts that I didn't know, I wouldn't go crazy. It is mostly garbage. To me, that is less important than my SSN, banking information, investment account info, etc. I don't know! I'd just rather not hav...
by iceport
Sat Nov 03, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: Do You Backup Your Phone Locally? How?
Replies: 17
Views: 1119

Re: IT Help Needed: Best Way to Backup a Phone?

I know you said you were worried about privacy issues, but I just save all my contacts to my google account. I've switched phones and reset phones several times over the past few years, and I never have to worry about my contacts. Exactly. I got a new Android phone 2 weeks ago. All my apps installe...
by iceport
Sat Nov 03, 2018 5:05 pm
Forum: Personal Consumer Issues
Topic: Do You Backup Your Phone Locally? How?
Replies: 17
Views: 1119

Re: IT Help Needed: Best Way to Backup a Phone?

I believe my Nook HD+ is an Android underneath. When I plug it into my Windows laptop's USB port, it looks like an external drive and I can drag files in both directions. Yes, I've been downloading pictures regularly. I also uploaded a bunch of MP3s to use for ringtones. But, for example, I can't s...
by iceport
Sat Nov 03, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Do You Backup Your Phone Locally? How?
Replies: 17
Views: 1119

Re: IT Help Needed: Best Way to Backup a Phone?

What specific data do you want to back up -- photos, text messages, applications, settings, etc? Yes. :) I just went through the data entry chore of creating a contact list from scratch, and realized I don't want to have to go through that again. I also would like to back up (or upload) any photos ...
by iceport
Sat Nov 03, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Do You Backup Your Phone Locally? How?
Replies: 17
Views: 1119

Do You Backup Your Phone Locally? How?

Hi all, Novice smartphone user here... I'm looking for the best way to backup the data on an android smartphone. I don't want to use cloud services, and I'm somewhat concerned about security and privacy. My first inclination is to simply backup the phone data locally to my PC periodically, which is ...
by iceport
Wed Oct 24, 2018 3:36 pm
Forum: Personal Investments
Topic: Why does TD list a wash sale adjustment?
Replies: 10
Views: 539

Re: Why does TD list a wash sale adjustment?

Yes! Thank you! That is what they have calculated. The adjusted cost of the 9/27 shares comes out to $59.73, compared to my purchase price of $52.65. Similar adjustment for the 10/2 shares, $58.9 compared to my purchase price of $52.82. It doesn't list the adjusted cost per share, just the adjusted...
by iceport
Wed Oct 24, 2018 3:23 pm
Forum: Personal Investments
Topic: Why does TD list a wash sale adjustment?
Replies: 10
Views: 539

Re: Why does TD list a wash sale adjustment?

Was there a single sale involved in which all shares purchased within the wash sale period were sold simultaneously for exactly the same price? And did that transaction execute first, before the older shares were sold? If so, my understanding (or interpretation, really) of the wash sale rule is tha...
by iceport
Wed Oct 24, 2018 3:05 pm
Forum: Personal Investments
Topic: Why does TD list a wash sale adjustment?
Replies: 10
Views: 539

Re: Why does TD list a wash sale adjustment?

Was there a single sale involved in which all shares purchased within the wash sale period were sold simultaneously for exactly the same price? And did that transaction execute first, before the older shares were sold? If so, my understanding (or interpretation, really) of the wash sale rule is that...
by iceport
Sun Oct 21, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 12465

Re: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

This was awesome. Thanks so much for the write up! I'm going to venture a potentially ignorant question: Is there any reason that someone wouldn't want to take advantage of tax loss harvesting? The linked article contains some practical points of caution. But perhaps the most basic one was left uns...
by iceport
Sun Oct 21, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 12465

Re: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

While this is the method I recommend, TLH does not require purchasing a replacement asset within the wash sale period. (In fact, TLH using replacement index funds that perform practically identically to index funds sold with losses actually violates the whole intent of the wash sale rule, though it...
by iceport
Sun Oct 21, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5787

Re: 8 reasons why pensions are [good]

You have a fund that isn't receiving enough money to support its spending habit, and it won't ever receive enough money. Does it matter why? We're straying far OT now (sorry), but it does matter very much to me. In any given year out of the last, say, 40(!) years, the size of the shortfall in adequ...
by iceport
Sun Oct 21, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5787

Re: 8 reasons why pensions are [good]

Most pensions mimic a loan no one ever intends to pay back. Sure you can pay everyone in perpetuity 80% of their 36-month highest average--that's amazing, what a deal. Well, it works only because you pass the buck. The funding ratios worsen, the unfunded liabilities balloon. Eventually the rents co...
by iceport
Sat Oct 20, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: PhysicianOnFire blog: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"
Replies: 94
Views: 12465

Re: "Tax Loss Harvesting with Vanguard: A Step by Step Guide"

Thanks to Taylor for the notice, and to PoF for the tutorial. It's an outstanding summary that I've bookmarked for future reference and sharing here on the forum. Here are some choice quotes I'd like to highlight or comment on. TLH is a way to capture a “paper loss” by selling an asset that has decl...
by iceport
Thu Oct 18, 2018 11:42 am
Forum: Personal Investments
Topic: 2018 Income Tax Simulation
Replies: 11
Views: 2857

Re: 2018 Income Tax Simulation

kaneohe wrote:
Mon Aug 20, 2018 9:13 pm
I like this one: https://www.mortgagecalculator.org/calc ... ulator.php
This is an excellent calculator. Thanks kaneohe!
by iceport
Wed Oct 17, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting question
Replies: 20
Views: 2874

Re: Tax loss harvesting question

Piggybacking on this question very slightly and seeking clarification on the comments set forth above. If you sell a Spec ID that you purchased less than 30 days ago, do you incur a wash sale so long as you sell all of your Spec ID? Stated differently, you do not need to sell all of your holding in...
by iceport
Wed Oct 17, 2018 12:22 pm
Forum: Personal Investments
Topic: Wash sale question: selling new and old shares
Replies: 9
Views: 351

Re: Wash sale question: selling new and old shares

As an interesting note, I also have FSIVX that I bought on 4 Oct and 5 Oct (two different buys). I have to wait 30 days on those. If I sold them now, it would be a wash as one could be considered a replacement for the other. But I don't need to sell them now. I'll probably TLH them after 30 days, t...
by iceport
Wed Oct 17, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting question
Replies: 20
Views: 2874

Re: Tax loss harvesting question

I will try to track on my own, I thought VG would do it for me, I suppose I will get tax forms with losses at the end of the year from VG anyway, right? Or do I have to report them on my own? Cost basis is always spec ID for me, which is why I can easily TLH since I know which purchases have gains ...
by iceport
Wed Oct 17, 2018 12:07 pm
Forum: Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1473

Re: First time TLH Questions, constrained by spouse's work

But I still think that in order to avoid at least the potential for an IRS assertion of disallowed loss, it's not clearly sufficient to sell IRA shares (even specifically identified) bought less than 31 days before the taxable sale. I can't disagree; there is a potential for a challenge by the IRS ...
by iceport
Wed Oct 17, 2018 11:58 am
Forum: Personal Investments
Topic: Wash sale question: selling new and old shares
Replies: 9
Views: 351

Re: Wash sale question: selling new and old shares

rkhusky is correct. See Example 4 in this article from a tax expert: Wash Sales and Replacement Stock
by iceport
Tue Oct 16, 2018 11:39 am
Forum: Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1473

Re: First time TLH Questions, constrained by spouse's work

If there is a buy in IRA within the 30 day lookback period, part of the taxable loss is disallowed. I don’t think this can be mitigated by any subsequent act except waiting before selling in taxable. What are you basing this on? You might be correct, but it doesn't make sense from the perspective o...
by iceport
Tue Oct 16, 2018 2:22 am
Forum: Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1473

Re: First time TLH Questions, constrained by spouse's work

If there is a buy in IRA within the 30 day lookback period, part of the taxable loss is disallowed. I don’t think this can be mitigated by any subsequent act except waiting before selling in taxable. What are you basing this on? You might be correct, but it doesn't make sense from the perspective o...
by iceport
Tue Oct 16, 2018 2:02 am
Forum: Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1473

Re: First time TLH Questions, constrained by spouse's work

... If you sell all the shares purchased with the dividends before doing the TLH, you would avoid the wash sale. I thought about that. But didn't know how it would work. Why? The TA accounts are probably set up to use average cost basis, ...so how would OP target the sale to specific share lots---t...
by iceport
Tue Oct 16, 2018 1:12 am
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting question
Replies: 20
Views: 2874

Re: Tax loss harvesting question

Sell all the VOO shares that you bought on 9/17 and there will be no wash sale. If you don't sell all of them, you'll end up with a partial/complete wash sale. This isn't correct. Shares you bought at the same time are not replacement shares for a partial sale of those same shares. See Example 2 he...
by iceport
Tue Oct 16, 2018 1:07 am
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting question
Replies: 20
Views: 2874

Re: Tax loss harvesting question

You can sell at a loss now. There's no minimum holding time to book a loss. You could buy VOO in the morning, watch it crash during the day, and sell it at a loss before the market closes. As long as you don't hold replacement stock bought within the 61 day wash sale period, you can claim the loss; ...
by iceport
Mon Oct 15, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TLH
Replies: 15
Views: 1180

Re: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TL

Maybe this has been answered before, but do brokers report to IRS if for example you sell VOO (vanguard S&P and buy VTI Vanguard total stock or in more similar ETF, sell VTI and but ITOT ( Ishare total stock). In the second case I know that IRS would most likely treat it as similar but was wonderin...
by iceport
Mon Oct 15, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TLH
Replies: 15
Views: 1180

Re: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TL

It would be interesting to know if the Forbes article you mentioned just made up their data or if the reporter actually has some research of brokerages and 1099-Bs that show adjustments from wash sales. I suspect it is probably just some anecdotal hand waving just like what happens here on boglehea...
by iceport
Sun Oct 14, 2018 1:54 pm
Forum: Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 69
Views: 5975

Re: TLH VTIAX

The "purpose of the wash sales provisions is to prevent tax manipulation by a taxpayer who attempts to recognize a loss on the sale of 'securities' while maintaining an identical or nearly identical investment position." — I.R.S. Gen. Couns. Mem. 38,369 (May 9, 1980) So? So... the spirit of the was...
by iceport
Sun Oct 14, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Better to invest in taxable and not deferred?
Replies: 31
Views: 3291

Re: Better to invest in taxable and not deferred?

Recently I heard an argument from a coworker that was never heard before with an interesting angle to it. It goes like this: You invest up to getting max employer matching contributions in tax deferred, and after that take the rest as taxable income and invest in taxable accounts. Logic: capital ga...
by iceport
Sat Oct 13, 2018 1:33 pm
Forum: Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 69
Views: 5975

Re: TLH VTIAX

The "purpose of the wash sales provisions is to prevent tax manipulation by a taxpayer who attempts to recognize a loss on the sale of 'securities' while maintaining an identical or nearly identical investment position."

— I.R.S. Gen. Couns. Mem. 38,369 (May 9, 1980)
by iceport
Sat Oct 13, 2018 12:20 pm
Forum: Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 69
Views: 5975

Re: TLH VTIAX

There are some people (and apparently betterment) who hold the opinion that 401k accounts are included, however only taxable accounts and IRAs are explicitly mentioned in official Wash Sale guidance. Well, not considering 401k accounts when assessing wash sale transactions would certainly violate t...
by iceport
Sat Oct 13, 2018 11:18 am
Forum: Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 69
Views: 5975

Re: TLH VTIAX

There are some people (and apparently betterment) who hold the opinion that 401k accounts are included, however only taxable accounts and IRAs are explicitly mentioned in official Wash Sale guidance. Well, not considering 401k accounts when assessing wash sale transactions would certainly violate t...
by iceport
Sat Oct 13, 2018 10:34 am
Forum: Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 69
Views: 5975

Re: TLH VTIAX

401(k) holdings are not subject to wash sales. I remember reading to the contrary. For example, The wash sale rule applies not just to situations when a "substantially identical" purchase is made in the same account, but also when the purchase is made in the individual's IRA account, or even in a s...