Search found 53 matches

by spidercharm
Tue Oct 23, 2018 7:47 pm
Forum: Personal Investments
Topic: TLH - VTIAX to VFWAX
Replies: 10
Views: 1305

Re: TLH - VTIAX to VFWAX

I just did this 3 months ago, now I am going to do it again back to VTIAX to capture an additional $6k in losses. Same. But 1.5 months So, when can I officially get back? 30 days - business or calendar days? Also, I have biweekly contributions in 401k going to FSGGX (Fidelity® Global ex US Index In...
by spidercharm
Tue Oct 23, 2018 7:30 pm
Forum: Personal Investments
Topic: TLH - VTIAX to VFWAX
Replies: 10
Views: 1305

Re: TLH - VTIAX to VFWAX

One problem with ETF is that I can't reinvest at the same time as sale transaction. Trade has to settle which means I will be out of market for couple of days.
by spidercharm
Tue Oct 23, 2018 6:38 pm
Forum: Personal Investments
Topic: TLH - VTIAX to VFWAX
Replies: 10
Views: 1305

Re: TLH - VTIAX to VFWAX

Anyone with additional thoughts on my questions.

Thanks for your help in advance.
by spidercharm
Mon Oct 22, 2018 6:42 pm
Forum: Personal Investments
Topic: TLH - VTIAX to VFWAX
Replies: 10
Views: 1305

TLH - VTIAX to VFWAX

I am considering moving from VTIAX to VFWAX for TLH. I have about 7k in loss. - Is this reasonable for tax purposes given the wash sale rules? - VFWAX has significantly less number of stocks, so it seems I am taking a risk in going to less diversified fund. Although I know both generally tracked eac...
by spidercharm
Mon Sep 10, 2018 9:52 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 114
Views: 11838

Re: Amazon Prime - Value?

A decreasing number of my Amazon shipments arrive in 2 days - and this is not due to the shippers. Upon clicking to pay, I see now most items estimated to arrive in up to 5 days. I tried to ask why using Chat or Phone, but the reps don't seem to have an answer. They appear to be reading from a scri...
by spidercharm
Sat Sep 08, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Tax Letter - TIRA to 401k
Replies: 15
Views: 1465

Re: IRS Tax Letter - TIRA to 401k

Thanks for help. I will go with simple response to show funds made it to employer plan.
by spidercharm
Sat Sep 08, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Tax Letter - TIRA to 401k
Replies: 15
Views: 1465

Re: IRS Tax Letter - TIRA to 401k

Yeah, keep it short and simple. For purposes of the IRS letter, they are only concerned that you rolled over the distribution, so you should avoid any details regarding your IRA basis with respect to the rollover. A copy of the 401k statement showing receipt of a rollover contribution equal to the ...
by spidercharm
Sat Sep 08, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Tax Letter - TIRA to 401k
Replies: 15
Views: 1465

Re: IRS Tax Letter - TIRA to 401k

This IRS letter is the reason that the 1040 Inst say that you should include an explanatory statement about this rollover with your return. My guess is that if you completed line 15a and 15b correctly on your 1040 the letter was triggered by your not providing an explanatory statement. Per 1040 Ins...
by spidercharm
Sat Sep 08, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Tax Letter - TIRA to 401k
Replies: 15
Views: 1465

Re: IRS Tax Letter - TIRA to 401k

Check your original 2016 tax return. You should have had an entry on Line 15A for the 54K as a distribution, and then a zero on 15b for taxable amount, and the word Rollover should appear on line 15 as well. If that's not done (the distribution not reported on 15a) that may be what generated their ...
by spidercharm
Sat Sep 08, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Tax Letter - TIRA to 401k
Replies: 15
Views: 1465

IRS Tax Letter - TIRA to 401k

Hi All, I just received IRS tax letter related to a 401k direct transfer I did from TIRA in 2016. It seems they think I should have included entire distribution in my taxable income for that year (or need more supporting details). My TIRA consisted of pre-tax (prior employer plan) and after tax doll...
by spidercharm
Fri Aug 10, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 12395

Re: The Bigger Story: Fidelity Expense Ratios

When that time arrives, someone else will be making the investment decisions. Will they also be sharp Bogleheads who are aware of the pitfalls of expensive investment products? Or, will they be gullible novices who will believe the friendly "advisor who only wants to help them". When this happens, ...
by spidercharm
Thu Aug 09, 2018 9:49 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 96185

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I think the big issue is that Fidelity is now requiring no minimum amount to invest while Vanguard requires $3000 to invest and $10000 for admiral shares. Fidelity's shares will all be equal to Vanguard's admiral shares in expense ratio. Removing minimums is one of the more significant changes that...
by spidercharm
Wed Aug 08, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 96185

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I have been regular reader here and learnt quite a bit from everyone. I don't post very often, but wanted to ask a question on this thread. Now, I forgot my bogleheads account information. So, had to create new account for posting on this thread (new accounts go through approval of first post after ...
by spidercharm
Fri Jun 25, 2010 2:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard launching new line-up of ETFs
Replies: 1
Views: 549

Vanguard launching new line-up of ETFs

Vanguard is launching new line-up of ETFs.

https://personal.vanguard.com/....t-06242010

Wow...so, finally -S&P 500 index fund from vanguard....0.06% ER.
by spidercharm
Fri Jun 25, 2010 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard launching new line-up of ETFs
Replies: 1
Views: 579

Vanguard launching new line-up of ETFs

Vanguard is launching new line-up of ETFs.

https://personal.vanguard.com/us/insigh ... t-06242010

Wow...so, finally -S&P 500 index fund from vanguard....0.06% ER.
by spidercharm
Sun Jun 06, 2010 12:27 pm
Forum: Personal Investments
Topic: How do we get a 30K I-Bond purchase in March 2008 entered in
Replies: 11
Views: 1521

I assume wizard is some kind of a broker system to facilitate I-Bond purchase. But, I am little confused about discussion here. Now, I made my first I-Bond purchase in 2010 for 5k..which is the yearly limit. I would love to go back and buy retrospectively to get the 30k I-Bonds that I missed in prio...
by spidercharm
Sat Jun 05, 2010 3:02 pm
Forum: Personal Investments
Topic: How do we get a 30K I-Bond purchase in March 2008 entered in
Replies: 11
Views: 1521

OK, I just went to my new version of the SB Wizard to try a test, and I was able to record $120,000 worth of $5,000 I Bond purchase in one month (I probably could have gone on forever, but figured $120,000 was enough to prove the point). Obviously your family friend either has the old version of SB...
by spidercharm
Sat Jun 05, 2010 9:07 am
Forum: Personal Investments
Topic: Bond Porfolio Question
Replies: 3
Views: 1249

valuethinker, Thanks for your response. Some follow-up questions/comments. My thought was to stay with TIPS for inflation and have corporate or municipal (for taxable account) for deflation exposure, which I don't currently have. I could be wrong. But, one problem I see with BND is that, it is heavi...
by spidercharm
Fri Jun 04, 2010 11:56 pm
Forum: Personal Investments
Topic: Bond Porfolio Question
Replies: 3
Views: 1249

Bond Porfolio Question

I already have decent exposure to US Bonds (TIPS)...and was looking to extend my bond portfolio to have diversification with the added benefit of higher yield (municipal and/or corporate and/or international). Some options that I looked at: 1) BND (VG Total Bond Market) seems to be heavily invested ...
by spidercharm
Fri May 21, 2010 7:34 am
Forum: Personal Finance (Not Investing)
Topic: To buy a house now
Replies: 23
Views: 2959

In many areas, housing has ways to go on the downside. I am not familiar with Texas - but from what I hear it is fairly valued.

In general, i would be very careful with real estate - it is grossly over-inflated propped up by government policies.
by spidercharm
Wed May 19, 2010 12:40 pm
Forum: Investing - Theory, News & General
Topic: New CPI Numbers
Replies: 13
Views: 2432

I don't see inflation around. Deflation is lot more likely in next few years.
by spidercharm
Tue May 18, 2010 10:47 pm
Forum: Investing - Theory, News & General
Topic: Why Investors Should Resist the Gold Frenzy
Replies: 50
Views: 7118

I think we have deflation problem in medium term. Money velocity has been slowing & credit demand is collapsing. Gold might just be another bubble about to burst. Just for argument's sake, even if it comes to an Armageddon scenario, you might be better off storing cans, durables that you can consume...
by spidercharm
Tue May 18, 2010 10:42 pm
Forum: Investing - Theory, News & General
Topic: Why Investors Should Resist the Gold Frenzy
Replies: 50
Views: 7118

Paul Douglas Boyer wrote:Gold is not just a metal, it is money.
Really? Who said so?
by spidercharm
Sun May 16, 2010 5:58 pm
Forum: Investing - Theory, News & General
Topic: Hoarding in response to negative real interest rates
Replies: 75
Views: 12107

Recent 30 yr auction resulted in nominal yield of 4.49%. So, market is willing to lend treasury for 30 long years at 4.49%. After-tax nominal yield: 3.37% 30 yr inflation expectations: 2.55% Real Yield: 0.82% Similar numbers hold for 10 yrs....so, stopping at 5 yrs doesn't take into account alternat...
by spidercharm
Sun May 16, 2010 5:49 pm
Forum: Investing - Theory, News & General
Topic: Hoarding in response to negative real interest rates
Replies: 75
Views: 12107

After two weeks where 5-year rates are 27bps lower, the real after tax return is still negative 0.19%, due to lower breakeven inflation rates. 5-year nominals: 2.16% yield After-tax yield at 25% marginal rate: 1.62% 5-year breakeven inflation rate: 1.83% Real return: -0.19% The number is the same f...
by spidercharm
Sat May 15, 2010 6:41 pm
Forum: Investing - Theory, News & General
Topic: Why Investors Should Resist the Gold Frenzy
Replies: 50
Views: 7118

I posted this earlier in the other forum in response to hoarding stuff. It seems relevant to this one - so copied parts here: 1999-2000 - Tech bubble 2004-2006 - Housing bubble 2009-2010 - Gold bubble Deflation is in the air around the world including here. De-leveraging, higher taxes, lower spendin...
by spidercharm
Sat May 15, 2010 6:22 pm
Forum: Investing - Theory, News & General
Topic: Hoarding in response to negative real interest rates
Replies: 75
Views: 12107

Deflation is in the air around the world including here. De-leveraging, higher taxes, lower spending & consumer debt destruction leads to deflation, not inflation. This unwinding has just begun and we have ways to go. Of course, one can't be sure which way it is going to end up. But, we are more lik...
by spidercharm
Sun May 09, 2010 12:28 am
Forum: Investing - Theory, News & General
Topic: But really, are you going to sit through 40% plus losses?
Replies: 61
Views: 10357

I learned something hard way....the only way you can make money trading is if you are right more than you are wrong. This is knowing that market has the same information (likely more) as you do. I made some money trading, which I more than lost while shorting during the recent bull run. I only tried...
by spidercharm
Sun May 09, 2010 12:11 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

DSInvestor - converted emerging to VWO already..that was the easiest choice given the direct ETF conversion. VGTSX & VFINX are a bit tricky. I agree, mutual funds are a whole lot easier for automatic investments. Limit orders are nice for ETFs - but it may or may not hit. And, I am definitely not en...
by spidercharm
Sat May 08, 2010 10:30 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

livesoft wrote:Only if you sell VFINX at a loss.
Yes...unfortunately - it is going to be a substantial loss.

For someone who started investing right before 2008 crash has a long way to go. :cry:
by spidercharm
Sat May 08, 2010 10:24 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

livesoft wrote:
spidercharm wrote:Does exchange from VFINX to VTSMX qualify for TLH?
They are not "substantially identical", but your question does not really make sense to me in the way it is phrased. Do you wish to ask a different question?
I meant - while I am at it, can I also book the loss from VFINX sell as capital loss?
by spidercharm
Sat May 08, 2010 10:01 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

If I understand your question, you are asking the equivalent of the following: I have shares of Total Bond Market and Total Stock Market at Vanguard. If I ask Vanguard to transfer $10,000 from TBM to TSM, do they do the exchange on the same day using the closing NAVs for each? The answer is yes. Th...
by spidercharm
Sat May 08, 2010 9:37 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

Notice I used the word "exchange" and not the word "convert". Of course, they cannot convert directly. You will need to open up a VBS account in order to hold the VTI as well. I have the VBS account. I actually asked the same question couple of days back. Their answer was they can't do it. Let me a...
by spidercharm
Sat May 08, 2010 9:29 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

Do this: call up Vanguard and say, "I want to exchange all my shares of VFINX into VTI. How do I do that?" There is no need to use VTSMX in this case and no need to do a conversion. The conversion would just be an extra complication that is not needed. Avoid it. livesoft - I asked...they can not di...
by spidercharm
Sat May 08, 2010 9:24 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

If you can take a tax loss on the VFINX, you want to do that. It is a gift. The problem occurs if you are trying to avoid a taxable gain while manipulating an exchange. Have I misunderstood something? I was hoping to do it without being out of market. So, my thinking was to request same day exhange...
by spidercharm
Sat May 08, 2010 9:03 am
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

This is my taxable account. In terms of taxable event, I am going to take sizable loss on VFINX. The only reason I am thinking of conversion is 0.07% ER for VTI vs 0.18% for VFINX. I am not close to admiral class...although I could get there in few years. I think vanguard should combine their invest...
by spidercharm
Fri May 07, 2010 11:28 pm
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

Help....please.
by spidercharm
Fri May 07, 2010 10:52 pm
Forum: Personal Investments
Topic: Conversion to ETF Help (VTI & VV)
Replies: 22
Views: 3795

Conversion to ETF Help (VTI & VV)

I am currently invested into Vanguard S&P 500 fund. After Vanguard's awesome free etf trade move... I am thinking about converting to VTI. Given that both are not same categories - I can not do classic conversion. It is hard to believe Vanguard does not have a matching S&P ETF yet. - I can exchange ...
by spidercharm
Sun May 02, 2010 10:44 pm
Forum: Investing - Theory, News & General
Topic: Hoarding in response to negative real interest rates
Replies: 75
Views: 12107

Because, market won't prefer to lend money at negative real rates....money will chase other assets & balance is created.

As I mentioned, check out 5 yr CDs - you can get positive real rates after tax with almost no risk (equivalent risk to treasuries anyway) - just as an example.
by spidercharm
Sun May 02, 2010 10:24 pm
Forum: Investing - Theory, News & General
Topic: Hoarding in response to negative real interest rates
Replies: 75
Views: 12107

Just to add to that, 5 year expected inflation is around 2% - you can get 5 yr CD with positive real rate after tax - if you look hard.

There are/should be/must be/will be opportunities with positive real rates - because markets are quite efficient.
by spidercharm
Sun May 02, 2010 10:19 pm
Forum: Investing - Theory, News & General
Topic: Hoarding in response to negative real interest rates
Replies: 75
Views: 12107

Expected inflation for next 30 yr is at 2.4% (3.66% nominal - 1.25% real) This is at quite normal levels and I don't see this as any threat. Market isn't expecting any hyper-inflationary scenarios from what I see. You are also discounting the fact that we still have a fair chance of getting back to ...
by spidercharm
Thu Mar 04, 2010 11:51 pm
Forum: Investing - Theory, News & General
Topic: PIMCO Total Return R (PTRRX) - 401K Help
Replies: 9
Views: 3530

Thanks everyone for responses. We are going to stick with lower yielding stable income for now. It is impossible to predict interest rates, but I know they can't go much lower from here.

We will reconsider moving into bonds at some point in future - once interest rates are normalized a bit.
by spidercharm
Wed Mar 03, 2010 9:16 pm
Forum: Investing - Theory, News & General
Topic: PIMCO Total Return R (PTRRX) - 401K Help
Replies: 9
Views: 3530

The performance listed is actually inclusive of fees and even with its high fees, the fund has dominated many funds (including Vanguard Total Bond Index) with lower fees. I have owned this fund since the late 1990s (although not this share class), so I know it pretty well. Thanks hpygolky. Here is ...
by spidercharm
Wed Mar 03, 2010 9:06 pm
Forum: Investing - Theory, News & General
Topic: PIMCO Total Return R (PTRRX) - 401K Help
Replies: 9
Views: 3530

Thanks for the response doc.

Let me correct what I said - ER is actually only 0.55%. Total fees which include ER, management fee & 12b fees does equal to 1.33% however.

Does that change your recommendation?
by spidercharm
Wed Mar 03, 2010 7:18 pm
Forum: Investing - Theory, News & General
Topic: PIMCO Total Return R (PTRRX) - 401K Help
Replies: 9
Views: 3530

PIMCO Total Return R (PTRRX) - 401K Help

We were considering PIMCO Total Return R (PTRRX) for core holding in our 401k. Total ER is 1.33% - that seems to be quite high by index fund standard. Historical performance seems to be good and Bill Gross is a well-known fund manager. From yahoo finance, I don't completely understand the kind of bo...
by spidercharm
Thu Feb 18, 2010 9:37 pm
Forum: Investing - Theory, News & General
Topic: Estimated YTM, upcoming 30 year TIPS auction?
Replies: 52
Views: 6889

If this is likely - it makes more sense to buy in secondary. What is everyone's take? plus: know what yield you'll get minus: bid-ask spread, possibly other costs How much is the total cost are we talking about? Commission is negligible at major brokerages for secondary, I believe. How big is the b...
by spidercharm
Thu Feb 18, 2010 9:11 pm
Forum: Investing - Theory, News & General
Topic: Estimated YTM, upcoming 30 year TIPS auction?
Replies: 52
Views: 6889

Is it possible it settles at lower than 2.1%? Sounds silly to me, given 20 year is above that. Commitment of 10 additional years should mean something....

If this is likely - it makes more sense to buy in secondary. What is everyone's take?
by spidercharm
Tue Feb 16, 2010 10:39 pm
Forum: Personal Investments
Topic: New to Bogleheads - Portfolio Review - Help Needed!!
Replies: 11
Views: 2109

Thanks Dave.
by spidercharm
Wed Feb 10, 2010 2:19 pm
Forum: Personal Investments
Topic: New to Bogleheads - Portfolio Review - Help Needed!!
Replies: 11
Views: 2109

Thanks Laura. I will carefully consider your recommendations.

Paul, You are right. I need to analyze this a bit more and separate emergency/short term/down payment reserves from investments.

I will post back after additional homework. Appreciate your responses.
by spidercharm
Tue Feb 09, 2010 11:35 pm
Forum: Personal Investments
Topic: New to Bogleheads - Portfolio Review - Help Needed!!
Replies: 11
Views: 2109

Thanks DaveS. Great tips...I have some follow-up questions. If your saving for a house then you want the house money to be in short term bonds. This is partially the reason for 50% equity allocation - I would like to pay off the home early (once I buy - I am still renting). Interest rates are at his...