Search found 192 matches

by Mode32
Fri Oct 30, 2020 10:02 pm
Forum: Personal Investments
Topic: TLH questions
Replies: 2
Views: 163

Re: TLH questions

You should sell the lots with losses ... including the lots purchased in the past 30 days. If there is a wash sale (though I doubt there will be), then your Vanguard account will show that and then you can sell the lot marked as having its cost basis adjusted because of a wash sale. Basically, you ...
by Mode32
Fri Oct 30, 2020 1:46 pm
Forum: Personal Investments
Topic: TLH questions
Replies: 2
Views: 163

TLH questions

Never TLH'ed before and as much as I think I understand it, I get hung up on implementation. I started a new taxable brokerage acct (cost basis = specific id) less than a year ago and I buy VTSAX every month in this acct with my last three purchases of VTSAX being Oct 2, Oct 7 and Oct 15. I wanted t...
by Mode32
Thu Oct 22, 2020 11:59 am
Forum: Personal Investments
Topic: Can I hold more than one state's 529 Plan?
Replies: 3
Views: 343

Re: Can I hold more than one state's 529 Plan?

1. But can you contribute to two different state 529 plan s for the same kids in the same year ? 2. If we have UTMA’s for our kids too, does the yearly UTMA contribution factor into the amount we can put into 529 for each child? Meaning, does our UTMA plus 529 contribution total per year have to be ...
by Mode32
Thu Oct 22, 2020 9:54 am
Forum: Personal Investments
Topic: Can I hold more than one state's 529 Plan?
Replies: 3
Views: 343

Can I hold more than one state's 529 Plan?

Bogleheads, We have been contributing to the NY 529 Plan. We are not a huge fan of the individual investment choices for NY 529 Plan, but do it for the state tax deduction which is $10,000 for married filing jointly. Question: 1. Can we contribute the $10,000 to NY 529 each year to obtain NY state t...
by Mode32
Mon Oct 19, 2020 10:51 pm
Forum: Personal Investments
Topic: best option for young (minors) children bank/brokerage accounts?
Replies: 15
Views: 1233

Re: best option for young (minors) children bank/brokerage accounts?

Can you clarify why you are against UTMA’s? It turns into a brokerage account when the kids come of age while there are tax advantages along the way. Only con to UTMA really is greater reduction in potential financial aid (and possibility of misuse of funds by child once they take over acct...though...
by Mode32
Sun Oct 18, 2020 9:53 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 309
Views: 20302

Re: Hedging the 2020 Election

https://m.youtube.com/watch?v=HYHu9PMY_C4 Interesting analysis by Ben Felix on US elections and the market. Overall, I would change nothing (avoid any temptation of timing the market) and continue investing based on your IPS. The more I learn about investing, the more I understand and respect how ma...
by Mode32
Wed Oct 07, 2020 4:22 pm
Forum: Personal Investments
Topic: VTSAX VS VFIAX in Roth
Replies: 18
Views: 1448

Re: VTSAX VS VFIAX in Roth

To take advantage of TLH and avoid wash sales, wouldnt it be beneficial to separate funds into taxable and retirement (Ira & 401k)...so hold vtsax in taxable (since majority is vtsax already), and hold Vfiax in retirement accounts (so exchange vtsax for Vfiax which would be a non-taxable event)? I d...
by Mode32
Sun Oct 04, 2020 9:41 pm
Forum: Personal Investments
Topic: What is your 529 AA?
Replies: 22
Views: 1412

Re: What is your 529 AA?

OP, care to share your annual savings (total savings including both retirement and college) vs your expected college expenses (in real $’s)? I think those two parameters should impact an AA decision. As an example, people who are saving $50k per year towards retirement/529 and expect to incur $200k...
by Mode32
Fri Oct 02, 2020 12:15 pm
Forum: Personal Investments
Topic: 2 different pricing on VFIAX in my account today 9/30
Replies: 2
Views: 408

Re: 2 different pricing on VFIAX in my account today 9/30

Stinky wrote: Wed Sep 30, 2020 9:22 pm I believe that the price of VFIAX on 9/30 is $310.29.

Vanguard seems to process some transactions overnight. If I were you, I’d log in tomorrow morning to see if your situation resolves itself.
Thank you! You were right, all was appropriate in a day or two.
by Mode32
Wed Sep 30, 2020 9:17 pm
Forum: Personal Investments
Topic: 2 different pricing on VFIAX in my account today 9/30
Replies: 2
Views: 408

2 different pricing on VFIAX in my account today 9/30

In an effort to make things less complicated and more optimal for future potential TLH, I decided to clean up our tax-advantaged accounts (IRA’s and Rollover IRA) today. All of these different accounts are with Vanguard. In our IRA’s, we initially held all VTSAX and today I exchanged all VTSAX for V...
by Mode32
Sat Sep 26, 2020 11:10 pm
Forum: Personal Investments
Topic: VTSAX & VFIAX dividend distributions timing
Replies: 6
Views: 1247

Re: VTSAX & VFIAX dividend distributions timing

Is there a reliable place to get information on when VTSAX and VFIAX will provide dividend distributions every year? Is there a consistent time dividend distributions occurs every year for these two funds? I’m trying to plan for potential TLH opportunities. Thanks in advance. The answer is, "No, th...
by Mode32
Fri Sep 25, 2020 9:23 pm
Forum: Personal Investments
Topic: VTSAX & VFIAX dividend distributions timing
Replies: 6
Views: 1247

Re: VTSAX & VFIAX dividend distributions timing

bob60014 wrote: Sun Sep 20, 2020 4:39 pm Vanguard provides the schedule.

https://investornews.vanguard/upcoming- ... formation/
Thank you!
by Mode32
Wed Sep 23, 2020 2:50 pm
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

When TLH, should I consider avoiding TLH in lots that are short-term (meaning, should I only TLH long'term lots)? My advice is to TLH short-term losses and do not wait for them to become long term losses. Also consider TLHing in December to clear out all losses in order to start the next year with ...
by Mode32
Wed Sep 23, 2020 2:28 pm
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

When TLH, should I consider avoiding TLH in lots that are short-term (meaning, should I only TLH long'term lots)?
by Mode32
Wed Sep 23, 2020 11:07 am
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

If I put more money into my taxable (purchase more VTSAX) today or tomorrow, and next week that market goes down, am I still allowed to TLH VTSAX in my taxable acct (even though I recently purchased it)? Yes, you’re allowed to do that. But if you then re-purchase a “substantially identical” securit...
by Mode32
Wed Sep 23, 2020 11:05 am
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

mcraepat9 wrote: Wed Sep 23, 2020 9:59 am Have you considered just using VLCAX as a TLH partner rather than VFIAX or another S&P 500 fund?
+1
by Mode32
Wed Sep 23, 2020 9:53 am
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

If I put more money into my taxable (purchase more VTSAX) today or tomorrow, and next week that market goes down, am I still allowed to TLH VTSAX in my taxable acct (even though I recently purchased it)?
by Mode32
Tue Sep 22, 2020 11:55 pm
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

Great insights and your rule of thumb of harvesting losses >$500 is super helpful. When you say Vanguard's "Exchange Funds" option is atomic, is that meant in a good way? Yes, sorry for the confusion. “Atomic” in this sense means indivisible/irreducible: the buy and sell are part of the same operat...
by Mode32
Tue Sep 22, 2020 11:43 pm
Forum: Personal Investments
Topic: Overfund a 529 or put some in an UTMA?
Replies: 19
Views: 1067

Re: Overfund a 529 or put some in an UTMA?

Overfunding 529 early will have tremendous tax-free growth benefits long term. If and when you decide to have more children, it’s fairly easy to move 529 money between qualified beneficiaries without penalties; so concerns about overfunding 529 may not be needed. Also, it is my understanding 529 fun...
by Mode32
Tue Sep 22, 2020 10:42 am
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

3. My taxable has VTSAX, and I was thinking of a TLH partner in VFIAX; however, most of my retirement accounts are VFIAX and/or S&P500 index funds. If I TLH VTSAX with VFIAX, and if future TLH opportunities arise, I may want to TLH VFIAX and VTSAX. Any tips or recs of maybe a better TLH partner for...
by Mode32
Tue Sep 22, 2020 10:36 am
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

Re: TLH question

1. You can look at VTI’s intraday movement to see how VTSAX will likely end. But really the best thing to do is TLH lots that have deeper losses (my rule of thumb is harvest losses >=$500) so that you don’t have to worry about small losses that could turn into small gains. TLHing single-day dips is...
by Mode32
Mon Sep 21, 2020 12:59 pm
Forum: Personal Investments
Topic: IRA Withdrawl question
Replies: 6
Views: 614

IRA Withdrawl question

My mom is 69, has a well funded 401k from a previous employer and is working part-time (no 401K) currently which she plans to continue for 2-3 more years. She does not have an IRA, and is thinking about opening one. 1. If she opens a traditional IRA, will she be subject to the required RMD’s from th...
by Mode32
Mon Sep 21, 2020 10:50 am
Forum: Personal Investments
Topic: TLH question
Replies: 22
Views: 1297

TLH question

Bogleheads, I have ZERO experience TLHing, but want to utilize it if the opportunity presents itself. I have VTSAX in my taxable that I have been contributing to monthly. 1. When a dip in the market occurs, how do you TLH on the same day if you won't know which lots of VTSAX had losses (and how much...
by Mode32
Sun Sep 20, 2020 9:27 pm
Forum: Personal Investments
Topic: Best Vehicle for Home Savings
Replies: 30
Views: 2160

Re: Best Vehicle for Home Savings

Meet the match in your 403b first, then second max out your Roth IRA.
I may have missed it, but if you’re not at least contributing 403b employer match percentage, I would consider that before anything else because it’s free money you would otherwise miss out on.
by Mode32
Sun Sep 20, 2020 4:33 pm
Forum: Personal Investments
Topic: VTSAX & VFIAX dividend distributions timing
Replies: 6
Views: 1247

VTSAX & VFIAX dividend distributions timing

Is there a reliable place to get information on when VTSAX and VFIAX will provide dividend distributions every year? Is there a consistent time dividend distributions occurs every year for these two funds? I’m trying to plan for potential TLH opportunities.

Thanks in advance.
by Mode32
Fri Sep 18, 2020 10:48 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Re: Roth IRA withdrawal question for parent nearing retirement

Eagle33 wrote: Fri Sep 18, 2020 9:41 pm The contributions % within 4 years will most likely be larger than the earnings portion of the Roth IRA. So very little tax.
That’s a very good point. Thank you!
by Mode32
Fri Sep 18, 2020 10:47 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Re: Roth IRA withdrawal question for parent nearing retirement

I think after reading more, not really sure what's the best move for her, Roth or Traditional IRA. If she is in a very low tax bracket, there is a good chance that Roth IRA would be the better choice. Adding money to traditional IRA may not be a mistake though. If you want to get good suggestions o...
by Mode32
Fri Sep 18, 2020 10:41 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Re: Roth IRA withdrawal question for parent nearing retirement

So it pretty much becomes a traditional IRA if you withdraw the earnings before 5 years. I'm believe no rules like this exist for traditional IRA in terms of withdrawal of earnings. Assuming that my mom may utilize the money (including earnings) within 5years, it seems more beneficial to use a trad...
by Mode32
Fri Sep 18, 2020 10:38 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Re: Roth IRA withdrawal question for parent nearing retirement

Bogleheads, My mom is 69 years old, currently works part-time and thinking about investing in a Roth IRA. She plans to work another 3 years part-time. My question is specifically on withdrawal from Roth IRA. If she decides to start Roth IRA this year (max it out at $7K), is there a certain number o...
by Mode32
Fri Sep 18, 2020 10:32 pm
Forum: Personal Investments
Topic: Fund Performance Comparisons
Replies: 23
Views: 1310

Re: Fund Performance Comparisons

Good points but I think historical growth/past performance does mean something and I'd sure want to know how a fund has performed YTD, 1yr, 3yr, 5yr 10yr and since inception before investing. I realize past performance is no guarantee of future results but if a fund has consistently outperformed an...
by Mode32
Fri Sep 18, 2020 2:03 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Re: Roth IRA withdrawal question for parent nearing retirement

So it pretty much becomes a traditional IRA if you withdraw the earnings before 5 years. I'm believe no rules like this exist for traditional IRA in terms of withdrawal of earnings. Assuming that my mom may utilize the money (including earnings) within 5years, it seems more beneficial to use a trad...
by Mode32
Fri Sep 18, 2020 1:55 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Re: Roth IRA withdrawal question for parent nearing retirement

OP, See this link for details on Tax Implications for Roth withdrawals. WoodSpinner Thanks, very helpful! I think after reading more, not really sure what's the best move for her, Roth or Traditional IRA. She has well-funded 401K (60/40) (all traditional) from previous employer and has about a 1 ye...
by Mode32
Fri Sep 18, 2020 1:19 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Re: Roth IRA withdrawal question for parent nearing retirement

Bogleheads, My mom is 69 years old, currently works part-time and thinking about investing in a Roth IRA. She plans to work another 3 years part-time. My question is specifically on withdrawal from Roth IRA. If she decides to start Roth IRA this year (max it out at $7K), is there a certain number o...
by Mode32
Fri Sep 18, 2020 1:01 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1503

Roth IRA withdrawal question for parent nearing retirement

Bogleheads, My mom is 69 years old, currently works part-time and thinking about investing in a Roth IRA. She plans to work another 3 years part-time. My question is specifically on withdrawal from Roth IRA. If she decides to start Roth IRA this year (max it out at $7K), is there a certain number of...
by Mode32
Wed Sep 16, 2020 9:58 pm
Forum: Personal Investments
Topic: FZROX vs. FXAIX [Fidelity ZERO Total Market Index vs. 500 Index]
Replies: 24
Views: 10618

Re: FZROX vs. FXAIX [Fidelity ZERO Total Market Index vs. 500 Index]

Our Fidelity Adviser suggested we use FNILX - Fidelity Zero Large Cap index fund as a very close approximation to an S&P 500 Index without paying a premium to S&P. It's performance appears identical to the S&P 500. What to premium to S&P? FNILX does not have to pay royalties to S&P for using their ...
by Mode32
Wed Sep 16, 2020 10:56 am
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

@ ruralavalon and lakpr: Thanks for the details. Ideally, we wanted to start an IRA and a brokerage acct for my sibling with the same firm (Vanguard or Fidelity). With the taxable acct, I struggle with deciding between VTI (with Vanguard) vs. FSKAX (with Fidelity). I want the tax efficiency of ETF,...
by Mode32
Wed Sep 16, 2020 10:52 am
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

@ ruralavalon and lakpr: Thanks for the details. Ideally, we wanted to start an IRA and a brokerage acct for my sibling with the same firm (Vanguard or Fidelity). With the taxable acct, I struggle with deciding between VTI (with Vanguard) vs. FSKAX (with Fidelity). I want the tax efficiency of ETF,...
by Mode32
Wed Sep 16, 2020 10:43 am
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

My sibling decided to go with Fidelity for her IRA (she wants to think some more about where to put brokerage). I'm mainly with Vanguard, so I don't know the Fidelity funds that well. I was going to recommend FXAIX (S&P 500 Index fund; ER .015), but noticed they offered FNILX (Fidelity Zero Large Ca...
by Mode32
Tue Sep 15, 2020 5:50 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

@ ruralavalon and lakpr: Thanks for the details. Ideally, we wanted to start an IRA and a brokerage acct for my sibling with the same firm (Vanguard or Fidelity). With the taxable acct, I struggle with deciding between VTI (with Vanguard) vs. FSKAX (with Fidelity). I want the tax efficiency of ETF, ...
by Mode32
Tue Sep 15, 2020 5:18 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

.....would greatly appreciate your insights. Something to keep in mind is that there can be a lot of financial goals other than retirement. For example; 1) Save up the downpayment for a house 2) save up to pay cash when you need your next car 3) College savings for kids 4) Build up a larger emergen...
by Mode32
Tue Sep 15, 2020 2:17 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

Read wiki Prioritizing investments Thanks for the link. I don’t really understand the reasoning for the recommendation to maximize IRA (after contributions to EF and at least 401k match amount)...instead, why not increase 401k contributions even further before even starting or maximizing an IRA? Is...
by Mode32
Tue Sep 15, 2020 1:59 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

If you will frame the choice as a binary option like that, I would recommend Roth 401k. Primary reason for that recommendation is that the 401k plans offer unlimited creditor protections, whereas state laws govern the Roth-IRA. To be fair, 41 states do protect the IRAs on par with ERISA (the law th...
by Mode32
Mon Sep 14, 2020 10:36 am
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

Still trying to figure out if my sibling should contribute more to 401k or start an IRA (while keeping same 401k contribution? My recommendation is to maximize both. It is not an OR, it is an AND Remember that, to be in a 22% tax bracket for 2020, your sibling should have earned at least $52k in 20...
by Mode32
Sun Sep 13, 2020 11:00 pm
Forum: Personal Investments
Topic: How much are your 529 Contributions
Replies: 133
Views: 7585

Re: How much are your 529 Contributions

I had been meaning to ask a similar question, so instead of creating a new thread, piggybacking on this one. I am also thinking of whether to contribute to 529 and if so, how much. This is my current situation: Taxes: TX resident so no state benefit for 529 contributions. Filing status: MFJ Margina...
by Mode32
Sun Sep 13, 2020 10:25 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

What is your sibling's tax bracket? If in the 12% bracket, or even low 22% tax bracket, I would suggest Roth-401k + Roth-IRA, and invest everything in stocks. The 22% tax bracket is going to disappear (as the law stands currently) at the end of 2025, and your sibling could switch to Traditional 401...
by Mode32
Sun Sep 13, 2020 10:21 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

MNGopher wrote: Sun Sep 13, 2020 8:18 pm Go with which ever one has the lower cost funds.
Thanks! The 401k ER’s are also low cost; but I will compare.
by Mode32
Sun Sep 13, 2020 10:19 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Re: Increase 401K contributions vs start an IRA?

Read wiki Prioritizing investments Thanks for the link. I don’t really understand the reasoning for the recommendation to maximize IRA (after contributions to EF and at least 401k match amount)...instead, why not increase 401k contributions even further before even starting or maximizing an IRA? Is...
by Mode32
Sun Sep 13, 2020 8:10 pm
Forum: Personal Investments
Topic: Increase 401K contributions vs start an IRA?
Replies: 25
Views: 1669

Increase 401K contributions vs start an IRA?

Bogleheads, Appreciate the advice you had given my sibling earlier who is starting out in their career and was looking for further insights on whether my sibling should increase 401K contributions vs start an IRA. My sibling is already contributing past the employer match for 401K and is building a ...
by Mode32
Sun Aug 30, 2020 5:17 pm
Forum: Personal Investments
Topic: Is value investing only beneficial for small caps?
Replies: 9
Views: 946

Re: Is value investing only beneficial for small caps?

I’m not sure if I should start a new post, but was looking for further advice and insights into the same 529 plan mentioned above. Again, our 529 is made up of vanguard large cap growth and large cap value with initial AA 50/50 between the two funds. Over the course of the last several months (proba...
by Mode32
Sun Aug 30, 2020 4:25 pm
Forum: Personal Investments
Topic: time to invest cash reserves?
Replies: 54
Views: 3852

Re: time to invest cash reserves?

During the last 6 months of acrimony, we have not touched our portfolio. We rode the market down and back up. The one thing we didn't do that we usually would: invest excess cash (that is, monies left over after maxing out our tax-advantaged accounts). So now, we have about $75K sitting in cash tha...