Search found 22496 matches

by grabiner
Tue Nov 20, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help me pick a fund for my HSA in California
Replies: 25
Views: 2646

Re: Help me pick a fund for my HSA in California

That sounds great, but my HSA provider currently is HSA Bank, which uses TD Ameritrade as its investment vehicle. I’m not sure if I am allowed to switch my investments to Fidelity. I’ll have to make some inquiries. Thanks! You can rollover funds between HSA providers. Check out the primary Fidelity...
by grabiner
Sun Nov 18, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: How Much of a Hassle is it Going to be to Roll Back 2018 Roth Contributions?
Replies: 12
Views: 1117

Re: How Much of a Hassle is it Going to be to Roll Back 2018 Roth Contributions?

Is it true that recharacterizing a Roth Conversion, starting this year 2018, cannot be done after 12/31/18? I thought with the old tax law you could recharacterize until April 15th of the next year, but now you no longer can wait that long. Roth conversions cannot be recharacterized at all under th...
by grabiner
Sun Nov 18, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?
Replies: 14
Views: 1631

Re: Flagship Services Include Free Annual Tuneup. Q.’s to Ask?

Here's a previous discussion of the questions you need to ask (of yourself or your advisor): Give your portfolio an annual checkup
by grabiner
Sun Nov 18, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluating HSA vs. Standard PPO (Adult + children)
Replies: 2
Views: 250

Re: Help evaluating HSA vs. Standard PPO (Adult + children)

Office visits: HSA : "You pay coinsurance after deductible" Does that mean they cover NOTHING until deductible is met (minus preventative services)? That's how I read it. This is the way HDHPs are required to work. (You do still get the benefit of in-network negotiated rates; if a doctor charges $1...
by grabiner
Sun Nov 18, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-payment penalty mortgage
Replies: 12
Views: 1108

Re: Pre-payment penalty mortgage

Although I was planning on doing some early pre-payments, the lower interest rate and the lower down payment are very tempting. You can avoid the pre-payment penalty by putting the money you would otherwise use for a pre-payment into a muncipal-bond fund, and then selling the fund to make pre-payme...
by grabiner
Sun Nov 18, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 10060

Re: My Edward Jones IRA is out performing my Vanguard 401K

As long as the EJ account is out performing by at least 3%, I will keep it. But as soon as things equalize with my Vanguard, I will consider moving the EJ to to Vanguard, Fidelity, or Schwab. What you will probably find is that this has nothing to do with the quality of the fund selection. Since yo...
by grabiner
Sun Nov 18, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Disclosure: My Colorado muni bond fund: WTCOX.
Replies: 7
Views: 1589

Re: My first TLH of WTCOX.

--My most recent TLH experience with Vanguard was worrisome: uncovered shares , 3 different cost basis numbers reported (website didn’t agree with received 1099B, both disagreed with my Excel cost basis). And when I asked CSR for a letter to confirm my request to sell by specific ID, was told “We d...
by grabiner
Thu Nov 15, 2018 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone have a bad experience with HDHP?
Replies: 43
Views: 3836

Re: Anyone have a bad experience with HDHP?

I would say that one gotcha can be prescriptions. Under my companies PPO plan prescriptions are like $10 - $30 depending on generic vs name brand. Under the HDHP we pay the FULL cost of the prescription and it counts towards the deductible. This may be a shocker when you fill a prescription and hav...
by grabiner
Thu Nov 15, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Funds Kicking Off Capital Gains
Replies: 7
Views: 979

Re: Tax-Exempt Bond Funds Kicking Off Capital Gains

Alternatively, maybe there is an opportunity for a "tax exempt" fund that discourages turnover which creates potential capital gains. I'm not sure exactly how that would work - maybe charging a fee on shares sold within a year of acquiring them or something like that. The only way to do this is for...
by grabiner
Thu Nov 15, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: best method for selling stocks/funds in taxable acct.
Replies: 4
Views: 534

Re: best method for selling stocks/funds in taxable acct.

What is the best way to withdraw the needed funds? Sell all orders that have yielded a net loss so they can be deducted on my taxes this year? Then, what is the next best step? It depends on how much you need for the purchase. Once you've sold all the assets with losses, you could sell long-term as...
by grabiner
Thu Nov 15, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 10060

Re: My Edward Jones IRA is out performing my Vanguard 401K

Here is what he said: With Guided Solutions, you are buying institutional shares (sometimes with $1,000,000 minimums) and if there is any marketing cost inside the fund you will see a credit for that fee with Guided Solutions (for example on page 4 of 5 on your October statement you will see a fee ...
by grabiner
Wed Nov 14, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Time is upon us
Replies: 13
Views: 2515

Re: 2018 Tax Time is upon us

I am happy, I will be taking a standard deduction. Every single year I get exactly 13-14K deductible items(do not own a house, CA) and it is just more work for itemizing and adjusting next year returns. Albeit, I added to the complexity by acquiring a rental. :? The tricky part for us is that we ha...
by grabiner
Wed Nov 14, 2018 10:45 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Fund Distributions through TLH
Replies: 3
Views: 359

Re: Avoiding Fund Distributions through TLH

Receiving the dividend on the fund you sell is not a significant cost. The share price drops by the amount of the dividend, so you have a capital loss equal to the dividend. It is more important to buy a fund after it makes a distribution; if you reinvest the distribution, this increases your basis,...
by grabiner
Wed Nov 14, 2018 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay of mortgage?
Replies: 13
Views: 1507

Re: Invest or pay of mortgage?

Im 35, I have a 30 year mortgage, variable interest rate, currently at 2.6%. This will fluctuate up and down during the next 30 years. Fixed interest like the US are not an option where I live. Is that a dollar rate? If not, you'll have to compare to interest rates in your own currency. I will assu...
by grabiner
Wed Nov 14, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: TLH and Re-balancing a buy and hold 3 fund portfolio
Replies: 5
Views: 738

Re: TLH and Re-balancing a buy and hold 3 fund portfolio

This is all True. I will focus on the positives of an overall gain in my portfolio. Definitely a huge positive. I guess my concern is that, since this is a buy and hold strategy, I worry I may not have other opportunities to TLH even during future dips in the market. Ex. if in 5 years my portfolio ...
by grabiner
Wed Nov 14, 2018 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6605

Re: Roth vs. Traditional 401k

<<Again, I expect my marginal tax rate to >= 22% on retirement (*after* all the 401k pre-tax I'll distribute), so contributing Roth at 22% or 24% now it's a no brainer. >> If you have the choice of paying me $1,000 now or $1,000 30 years later, what would you choose? It should be a no-brainer that ...
by grabiner
Tue Nov 13, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: rule of thumb for using HSA funds?
Replies: 40
Views: 3267

Re: rule of thumb for using HSA funds?

Follow-up question - at some point, the HSA funds should be spent for medical expenses. If they aren't used for current expenses, how do you determine when they should be used? After retirement, when you would otherwise have to withdraw from your tax-advantaged accounts, or sell stock for a capital...
by grabiner
Tue Nov 13, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: PPO >, < or = HDHP
Replies: 9
Views: 911

Re: PPO vs HDHP....am I missing something?

You can only contribute $6200 to the HSA, since your employer is already contributing $800. This reduces the tax savings to $1798. Also, the conventional plan covers some services even before you have met the deductible. If your 40 doctor visits cost $20 each under the conventional plan, that's $800...
by grabiner
Tue Nov 13, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: Morningstar downgrades several Vanguard funds
Replies: 14
Views: 3143

Re: Morningstar downgrades several Vanguard funds

Vanguard FTSE All-World ex-US Small-Cap Index (VFSVX) Downgraded to Bronze from Silver We lowered this strategy because it has big weightings in materials and energy--two of the most volatile sectors. That makes it more volatile than most of its peers. This is absurd. First, it's not true to any me...
by grabiner
Tue Nov 13, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to TLH and which Vanguard funds to avoid wash sale?
Replies: 11
Views: 606

Re: Good time to TLH and which Vanguard funds to avoid wash sale?

I've lost 1k of my 10.5k after tax investment at Vanguard. Currently, 5k in Vanguard Total US stocks and 5k in Vanguard Total Int. Stocks. Is now a good time to TLH? A good time to TLH is whenever you have enough of a loss to give a significant tax benefit. Even if you could time the market, it wou...
by grabiner
Tue Nov 13, 2018 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: LTG & LTL does this strategy make sense?
Replies: 2
Views: 286

Re: LTG & LTL does this strategy make sense?

This is not a good strategy. It is better to sell your losers and keep those winners that you want to keep. (However, if you have capital gains on a stock or mutual fund you do not want to keep, then having huge capital losses makes it less expensive to sell it in order to switch.) One reason is tha...
by grabiner
Tue Nov 13, 2018 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: health savings account as federal employees
Replies: 30
Views: 10562

Re: health savings account as federal employees

I want to bump this thread since it hasn't been updated for quite a while. We're heading into open enrollment and I currently have GEHA standard deductible plan. I enjoy the flexibility of PPO so I want to stick with that. However, I am thinking of switching to HSA this year due to the tax benefits...
by grabiner
Tue Nov 13, 2018 12:44 am
Forum: Investing - Help with Personal Investments
Topic: Unique TLH question... maybe
Replies: 11
Views: 1024

Re: Unique TLH question... maybe

About a month ago I posted a question ( https://www.bogleheads.org/forum/viewtopic.php?f=1&t=259794&p=4135947 ) on minimizing old taxable accounts for simplicity, and due to higher than normal fees. For reference, I have roughly $6k in Vanguard Explorer long-term gains (VEXPX - ER 0.44) that I woul...
by grabiner
Tue Nov 13, 2018 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6243

Re: Strategy during the last stock market decline

It is also appropriate for me to share another part of my IPS, which is particularly relevant in market declines: Reviewing This Statement This statement will be reviewed whenever there is a substantial change in my financial situation, and annually when I rebalance. If there is no substantial chang...
by grabiner
Mon Nov 12, 2018 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Questions on Credit Reports and Credit Scores
Replies: 13
Views: 814

Re: Questions on Credit Reports and Credit Scores

CK is constantly trying to get me to see how much they can save us on our mortgage (which currently at 1.74% on a 3/1 ARM, going up to 3.74% next summer). Part of the reason is that CK doesn't know the interest rate. My payment reported to the credit bureau includes escrow, which makes it look like...
by grabiner
Mon Nov 12, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 16
Views: 1764

Re: At what point does a life insurance policy not make sense?

What about an AD&D (Accidental death and dismemberment insurance)? I don't have a risky job, but I guess you never know. AD&D policies don't make sense. Insurance has a negative expected value (otherwise, insurance companies wouldn't sell it); the reason you buy it is to protect against losses you ...
by grabiner
Mon Nov 12, 2018 10:54 pm
Forum: Investing - Theory, News & General
Topic: Dividends and Tax Risk Adjustment
Replies: 9
Views: 413

Re: Dividends and Tax Risk Adjustment

I have two questions that I was hoping for input on. The first relates to dividend investing versus total return. The board clearly focuses on total return and the various reasons for it. One argument for dividend investing that I haven't seen addressed relates to timing of stock sales. For a total...
by grabiner
Mon Nov 12, 2018 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bond funds and Capital Gains
Replies: 11
Views: 1132

Re: Muni Bond funds and Capital Gains

Vanguard's estimated 2018 capital gains show that most of the long-term muni funds, both Long-Term Tax-Exempt and several state funds, are likely to distribute capital gains in 2018.
by grabiner
Mon Nov 12, 2018 10:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Year-End distribution estimates
Replies: 34
Views: 1340

Re: Vanguard Preliminary Estimates for Capital Gains

The 2018 preliminary estimates have been posted on the Vanguard website: https://advisors.vanguard.com/iwe/pdf/Preliminary_distributions_102018.pdf An interesting note: the LifeStrategy and Target Retirement funds are all distributing capital gains, because the rising market has forced them to sell...
by grabiner
Mon Nov 12, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional for low tax bracket
Replies: 10
Views: 992

Re: Roth vs. Traditional for low tax bracket

Looking at reducing taxable income to the point of receiving the saver's credit might be a stretch. My income subject to taxes (before deductions, etc.) for next year will be $98,960. Standard deduction, kids, and maxing a traditional TSP would get me down to around $52k. That looks like I could ge...
by grabiner
Mon Nov 12, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: VGTSX/VTSAX or Just The VTWSX?
Replies: 6
Views: 931

Re: VGTSX/VTSAX or Just The VTWSX?

The quick version is: I have a Roth that is dedicated to aggressive experimentation. I will have, in the beginning of 2019, a combination of the VGTSX and VTSAX giving me Total US and Total International exposure. Or is it better to just VTWSX, even though there isn't an Admiral option at this poin...
by grabiner
Mon Nov 12, 2018 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Timing - IXUS to VXUS
Replies: 7
Views: 505

Re: TLH Timing - IXUS to VXUS

I think where my understanding breaks down is I'm not sure if it's an ordinary or qualified dividend, or how to look it up, so I'm having a hard time figuring out which example to follow. Check with the fund company; it should have a link to "Tax information by fund" or something similar. (You will...
by grabiner
Mon Nov 12, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6605

Re: Roth vs. Traditional 401k

<<I am currently in the 22% tax bracket (and making over 50k a year)>> <<and expect that I will probably be in that bracket in retirement as well.>> Your expectation is wrong. To be at 22% tax bracket, your gross income at retirement needs to be 50K. Let's assume that your social security income is...
by grabiner
Sun Nov 11, 2018 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Pay capital gains taxes now or defer till 219?
Replies: 7
Views: 1157

Re: Pay capital gains taxes now or defer till 219?

Wrt to offsetting ordinary income, is this not limited to $3k of ordinary income? It is, but the excess can be carried over for years. If you might have $21K in capital gains either this year or next year, and happen to have $21K in capital losses next year, taking the gains this year would cost yo...
by grabiner
Sun Nov 11, 2018 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 6605

Re: Roth vs. Traditional 401k

You are currently in the 24% bracket. It takes ~$2.5 million in traditional accounts for a 4%/yr withdrawal rate on those alone to get out of the 12% bracket. Until you expect to reach that amount, putting 100% into the traditional 401k is likely best. Could you explain this? For 2018 the 12% tax b...
by grabiner
Sun Nov 11, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2249

Re: Take taxes into account when rebalancing?

For investment asset allocation, what matters is not what the asset is worth now, but what it will produce in spendable income. I thought that you buy an asset for an expected total return...income AND capital appreciation? And that stocks, especially since the 1950s, have most of their return from...
by grabiner
Sun Nov 11, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Drag: Count Toward Bond Allocation?
Replies: 7
Views: 514

Re: Cash Drag: Count Toward Bond Allocation?

Suppose that a stock index is at $2000. A fund could hold $2000 in stock, or it could hold $1000 in cash and an option to buy the index at $1000. Either way, the fund will track the index. If the market rises by 10%, the value of the stock will rise to $2200, and the value of the option will rise f...
by grabiner
Sun Nov 11, 2018 7:18 pm
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2249

Re: Take taxes into account when rebalancing?

I understand what you are saying, but I never heard of reducing an asset’s value due to the taxation of the income it produces. To me the asset is the asset and the income is net of taxes. For investment asset allocation, what matters is not what the asset is worth now, but what it will produce in ...
by grabiner
Sun Nov 11, 2018 6:22 pm
Forum: Personal Consumer Issues
Topic: United MileagePlus - Confused and looking for cheaper options
Replies: 26
Views: 2056

Re: United MileagePlus - Confused and looking for cheaper options

Hi folks, I have just under 50K miles in my Mileageplus account. I need to book two tickets (1 adult and 1 child) for a round trip flight (total of around 64000 miles) within the next couple of days. United is asking for almost $600 for the additional 14000 miles after using my 50K miles. I am very...
by grabiner
Sun Nov 11, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Pay capital gains taxes now or defer till 219?
Replies: 7
Views: 1157

Re: Pay capital gains taxes now or defer till 219?

The advantage of selling the stock this year is that, if you have any capital losses in 2019, you will be able to offset ordinary income with them; this will result in a lower tax bill. If you wait to sell until 2019, your capital losses will offset capital gains taxed at 15%, rather than ordinary i...
by grabiner
Sun Nov 11, 2018 6:06 pm
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2249

Re: Take taxes into account when rebalancing?

I have been playing around with using after-tax values for rebalancing. Roth funds need no reduction so the after-tax multiplier factor is 1 For tax-deferred, the factor is about 0.7325 for me. That's assuming a 22% federal marginal tax plus my state tax rate. For taxable, the factor is about 0.9 w...
by grabiner
Sun Nov 11, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4841

Re: Doing taxes by hand

I use software (usually TaxACT), but then check the calculations myself. Software and humans have different advantages. Software usually prevents errors from miscopying data or entering numbers on the wrong line. The first time I filed a Schedule D by hand (back when you used Schedule D to compute y...
by grabiner
Sun Nov 11, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2249

Re: Take taxes into account when rebalancing?

I'm not sure that "tax cost is the least of a person's concern" is correct. It guess it depends on the amount of tax involved, the person's overall wealth level and the investment time horizon. But I stand by my assertion that probably, for most upper middle class and above savers, paying tax to re...
by grabiner
Sun Nov 11, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2249

Re: Take taxes into account when rebalancing?

I have been playing around with using after-tax values for rebalancing. Roth funds need no reduction so the after-tax multiplier factor is 1 For tax-deferred, the factor is about 0.7325 for me. That's assuming a 22% federal marginal tax plus my state tax rate. For taxable, the factor is about 0.9 w...
by grabiner
Sun Nov 11, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Global Wellington Fund
Replies: 4
Views: 610

Re: TLH Global Wellington Fund

It would likely work fine, but you will be out of the International market for the 31 days. It may work better to use the Vanguard Balanced Index fund which will still hold foreign stocks. Probably won't matter for 31 days, but if you had to hold the acquired fund due to capital gains the Balanced ...
by grabiner
Sun Nov 11, 2018 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Consideration for Asset Class in Roth and Regular IRA
Replies: 2
Views: 284

Re: Tax Consideration for Asset Class in Roth and Regular IRA

Welcome to the forum! If you adjust for the fact that the IRS owns part of your traditional account, it doesn't make much difference; see Tax-adjusted asset allocation on the wiki. Putting more dollars in stock in the Roth IRA gives higher expected return, but also higher risk, which may not be a be...
by grabiner
Sun Nov 11, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6243

Re: Strategy during the last stock market decline

I would like to create a statement to follow and include it in my IPS. If you have written such an IPS statement on market declines and would be willing to share that statement, I would appreciate it. Here is what my IPS says about rebalancing; this part of the IPS has not been changed for years. I...
by grabiner
Sun Nov 11, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy during the last stock market decline
Replies: 58
Views: 6243

Re: Strategy during the last stock market decline

My bond allocation was 10% at the time, with a tolerance of 7.5%-12.5%. I hit the band limit in October 2008; and sold some bonds to buy more stock. I continued to put new money into bonds at the regular rate during the recovery, which prevented me from needing to rebalance out of stock into bonds d...
by grabiner
Sun Nov 11, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: NJ Deferred Comp 457 - Help with Allocations
Replies: 3
Views: 202

Re: NJ Deferred Comp 457 - Help with Allocations

You could use a mix of 80% Equity and 20% Small Cap Equity for your US stocks. If you have a Roth IRA (and you should) you could put a low-cost international index fund there to reduce the international in the DCP. The Roth IRA is particularly important in NJ. NJ does not give a state tax deduction...
by grabiner
Sun Nov 11, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in HSA? help analyzing options
Replies: 2
Views: 366

Re: Should I invest in HSA? help analyzing options

I've been maxing 401k and roth ira every year and plan to continue that even though i just bought a house and have higher expenses with remodeling, etc. 24% federal tax rate and 3.07% state tax (PA). Does this make my marginal tax savings % = 27.07%? Yes, unless you itemize deductions and are under...