Search found 4389 matches

by House Blend
Thu May 17, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 2681

Re: Hot food flavoring (sauces, spices and peppers)

Our favorite HOT hot sauce is Sambal Oelek, a Thai chili paste. It packs a wallop and is flavorful, too. Me too. We call it "nuke sauce" chez Blend. Way more useful than Sriracha IMO. I use it in most stir-frys. We have a few other go-tos, such as Tabasco-ish pepper sauces. Love the Mango-Tomatillo...
by House Blend
Fri May 11, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Better to Sell Shares appreciated 10% for Short Term Gain or Shares appreciated 30+% for Long Term Gain?
Replies: 10
Views: 1036

Re: Better to Sell Shares appreciated 10% for Short Term Gain or Shares appreciated 30+% for Long Term Gain?

From The numbers you gave, it sounds like selling the short term assets will generate less of a tax hit (~$1660) than the long term assets (~$2300) to liquidate $50k. This will, in turn, use up less of your carried losses, allowing you to use more against your ordinary income. Huh? The way I read t...
by House Blend
Fri May 11, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Questions about RMDs
Replies: 36
Views: 4162

Re: Questions about RMDs

2015 – 10 months in NJ + 2 months in Arizona Tax exempt interest dividend from Box 10 and on line 8b:2,411 Social Security: 20A $15,515, 20b $1,416 AGI $19,078 (which includes: Unemployment $10,340 + Wages $5,831 and interest) [...snip...] 4 different years with different AGIs and living in 2 diffe...
by House Blend
Thu May 10, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Better to Sell Shares appreciated 10% for Short Term Gain or Shares appreciated 30+% for Long Term Gain?
Replies: 10
Views: 1036

Re: Better to Sell Shares appreciated 10% for Short Term Gain or Shares appreciated 30+% for Long Term Gain?

I have stockpiled about $7000 in losses, a mix of short term and long term, and would certainly prefer not to use up these losses as I have over $3000 in taxable dividend income a year. Selling the long term gainers would pretty much use up my losses. I'm pretty good about harvesting losses but pic...
by House Blend
Thu May 10, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Questions about RMDs
Replies: 36
Views: 4162

Re: Questions about RMDs

House blend wrote (and I thank you for your time): And neither qualified dividends nor "tax exempt" interest are tax free in your case, because you are in the middle of the SS tax hump. In fact, your marginal tax rate on both muni bond interest and qualified dividends is 0.85 * 12% = 10.2%. A test ...
by House Blend
Wed May 09, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 84
Views: 7485

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

You're right, by separating the pre-tax dollars and rolling them into my 401k, I could have converted the remaining basis or already-taxed dollars in my tIRA at zero tax cost in year 1, and all future growth of that money will be tax free in the Roth. What about year 2? Of course if your 401(k) won...
by House Blend
Wed May 09, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Questions about RMDs
Replies: 36
Views: 4162

Re: Questions about RMDs

^Agreed. Certainly it depends on the details. I think for Singles, it is common to cross over from the 12% to the 22% bracket before moving beyond the SS tax hump. One also needs to look at crossing IRMAA thresholds. In any case, my main point is that a Roth conversion for the OP isn't a no brainer....
by House Blend
Wed May 09, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Rationale for placing high expected return funds in Roth rather than tIRA
Replies: 15
Views: 1061

Re: Rationale for placing high expected return funds in Roth rather than tIRA

Welcome to the forum. The most common explanation you see on this forum is something like "you want high-risk assets in a Roth, because you want more of the growth to be tax free". As explanations go, it's a poor one. More precisely, it's a gross oversimplification and easily misunderstood as a free...
by House Blend
Tue May 08, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 84
Views: 7485

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

Why not roll the IRA into the 401k now? That was a possibility when I started converting, although not sure I could have rolled the entire tIRA into my 401k because my tIRA has a 50/50 mix of already taxed and untaxed money, but the 401k is all untaxed. Also, I figured that leaving it in the tIRA a...
by House Blend
Tue May 08, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 84
Views: 7485

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

... but I would assume that whenever you do a QCD from an IRA that has a nonzero basis, you would still have to prorate that basis. ... I haven't checked the Code, Regulations, legislative history or other IRS guidance. However, Publication 590-B says (on page 13) that you don't prorate. The QCD co...
by House Blend
Tue May 08, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Total Bond - SEC yield breaks 3%
Replies: 97
Views: 10532

Re: Total Bond - SEC yield breaks 3%

For someone who is interested in Treasuries, CDs, AA and above munis etc., I think I would now say, "Go ahead and buy the individual bonds" A fund of treasury bonds is not fundamentally better than a ladder of individual issues, after all. Now, most people who buy individual bonds will ultimately e...
by House Blend
Tue May 08, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Questions about RMDs
Replies: 36
Views: 4162

Re: Questions about RMDs

Did 3 different Taxable IRA distributions: Taxable IRA distributions Taxes due Tax Bracket $16,750.00 $881.00 12% $21,750.00 $1,976.00 12% $26,750.00 $3,086.00 12% FYI, as you can see from this calculation, you are in the 12% bracket, but your Federal marginal tax rate is about 22%. In fact it's pr...
by House Blend
Sun May 06, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 84
Views: 7485

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

As to the other point, withdraw and donate still requires the painful withdrawal part, ie, the complications of accounting for basis. I don't think your proposal addresses that specific problem, right? Agreed, but at least the headache is over and done with in one tax year. Also, I don't have first...
by House Blend
Sun May 06, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 84
Views: 7485

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

why not donate the whole thing to charity? you would not have to worry about it then at all! Non spouses cannot donate inherited IRAs without first withdrawing the funds. I think. Otherwise a great idea. Keep in mind that you can do Qualified Charitable Distributions from an inherited IRA, but you ...
by House Blend
Fri May 04, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: Investing is more like poker than chess
Replies: 91
Views: 6063

Re: Investing is more like poker than chess

We're playing the odds when we invest, not solving a math problem. No. Playing the odds *is* math. Playing poker well requires some math skill, as well as some non-math skills such as the ability to bluff occasionally, and avoiding "tells". DIY investing for the long term requires only minimal math...
by House Blend
Fri May 04, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!
Replies: 84
Views: 7485

Re: Don't leave your non-spouse heirs TIRAs with basis, unless you hate them!

I would use a broader brush:

Don't make non-deductible contributions to an IRA unless a Roth conversion is on the horizon.
by House Blend
Tue May 01, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Fixed income windfall allocation: lump sum or steadily buy?
Replies: 43
Views: 2510

Re: Fixed income windfall allocation: lump sum or steadily buy?

I'm firmly on the lump sum side of the debate, but want to point out that the parameters of the decision are not always presented well. That is, especially for a newbie with a lump sum to invest (perhaps an inheritance), the most likely starting point is that he doesn't know or understand his risk t...
by House Blend
Sat Apr 28, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Is there any way around short term capital gains taxes?
Replies: 24
Views: 1788

Re: Is there any way around short term capital gains taxes?

when you sell your shares of mutual fund, I believe you get to choose which shares you want to sell but there is some restriction on the choice you make. The choice is irrevocable. Do not confuse this with the year end (or even mid-year) distributions from the fund itself. Right. When selling share...
by House Blend
Fri Apr 27, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: "Tax-Adjusted Asset Allocation: Is It Necessary?"
Replies: 51
Views: 2613

Re: "Tax-Adjusted Asset Allocation: Is It Necessary?"

It may not be necessary, but I think it's useful to understand the concept. I think it's better to think in terms of tax-adjusted risk than tax-adjusted account value. This makes it easier to think about taxable accounts, for example, since the government may not own any of your account if you don'...
by House Blend
Sun Apr 22, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: when to rebalance?
Replies: 12
Views: 1059

Re: when to rebalance?

for example, my target asset allocation is 40-60 equities to fixed income. I'm currently sitting at 45-55. My pre-tax space is completely full of fixed income, so rebalancing would incur a large long-term cap gain bill. And were I to rebalance, given recent market volatility, I might find myself wi...
by House Blend
Thu Apr 19, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 607
Views: 68283

Re: Netflix, Your Current Favorite Show

I too recommend "Godless". It was a pleasant surprise to me since I like good old-timey westerns. And at 7-8 hours in length, very binge-able. Yes, a lot of folks are thumb-upping Godless . I'm half way through it and agree that it has been pretty good so far. I think the same crowd is likely to ap...
by House Blend
Wed Apr 18, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: How do I properly calculate taxable yield for Vanguard Municipal Money Market?
Replies: 9
Views: 664

Re: How do I properly calculate taxable yield for Vanguard Municipal Money Market?

In my case I am retired and all income is dividends & interest income (cap gains is wiped out for me since I have carryforward losses from 08/09). Not sure if I can just plug in marginal tax rate (in my case I'm at the 24% bracket) or if I need to use effective. After all, I don't pay 24% on all le...
by House Blend
Sat Apr 14, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Case for Tax-Managed LifeStrategy Income, Conservative, Moderate, Growth fund of funds
Replies: 10
Views: 1150

Re: Case for Tax-Managed LifeStrategy Income, Conservative, Moderate, Growth fund of funds

What would it do to robo advisers if Vanguard starts tax-managed equivalents of their lifestrategy or target date funds? It's a nice fantasy, but it won't happen unless you are ok with muni bond allocations > 50%. Federal law says that mutual fund dividends are 100% Federal taxable unless at least ...
by House Blend
Tue Apr 10, 2018 9:10 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 79
Views: 11016

Re: Too much Bogleheads.org?

GoldenFinch wrote:
Mon Apr 09, 2018 4:53 pm
Phineas J. Whoopee wrote:
Mon Apr 09, 2018 3:16 pm
If enough is good, too much must be better.
PJW
I think this sentence pretty much sums it up.
"Too much ain't enough." --Tom Petty.
by House Blend
Tue Apr 10, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 607
Views: 68283

Re: Netflix, Your Current Favorite Show

I just started Dexter . It was recommended in this thread, along with a Netflix recommendation of "Since you've watched Better Call Saul and Breaking Bad. ..". Aside from that, this is one twisted show. I agree with the reviews that this show is worth a few awards. I like it. Eight seasons? That's ...
by House Blend
Tue Apr 10, 2018 8:42 am
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5600

Re: Retirees: Who's increasing their equities as they age?

Currently in my 60s and am retired 7 years with a 45/55 AA. Been thinking about increasing my equity side a bit. What problem is this going to solve? If your withdrawal rate is "safe", and you have a system that works well for you, why make changes? (Yes, I am aware of the academic papers that disc...
by House Blend
Sun Apr 08, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: JAMA article's health implications for asset allocation
Replies: 43
Views: 3602

Re: JAMA article's health implications for asset allocation

I am 65, now retired, and at 50 stocks, 45 bonds and 5 cash. I am Rothifying all the IRA account I have over a few years at max tax rates as I expect rates of taxation to go way up down the road. I hope I'm wrong but with out debt I see no other way. Unless you have or will have a pension or other ...
by House Blend
Fri Apr 06, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: How to read the yields for VG Prime MM Fund?
Replies: 11
Views: 1634

Re: How to read the yields for VG Prime MM Fund?

Roughly speaking, the current 1.72% SEC yield of Prime MMF is analogous to APR or "Annual Percentage Rate". What it means is that based on the average of the previous 7 days, if you took dividends in *cash*, you would receive 1.72% over the course of one year. The "compound yield" of 1.73% reported ...
by House Blend
Fri Apr 06, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: JAMA article's health implications for asset allocation
Replies: 43
Views: 3602

Re: JAMA article's health implications for asset allocation

I am 65, now retired, and at 50 stocks, 45 bonds and 5 cash. I am Rothifying all the IRA account I have over a few years at max tax rates as I expect rates of taxation to go way up down the road. I hope I'm wrong but with out debt I see no other way. Unless you have or will have a pension or other ...
by House Blend
Thu Apr 05, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Taxes on Vanguard Muni Funds
Replies: 8
Views: 1075

Re: Taxes on Vanguard Muni Funds

For VCITX, I dont have to pay any state tax since it is CA fund. However, for VWAHX, I would need to pay state tax. Correct. In particular, the previous posts from cas and dratkinson are misleading. In any case, California tax law is unusual when it comes to muni fund dividends. Your CA muni fund d...
by House Blend
Wed Apr 04, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Large capital loss
Replies: 14
Views: 1084

Re: Large capital loss

With large capital loss carryovers, there's not much point in selling shares at a gain just because you can. Sell shares only if you have a reason to do so, such as to get out of positions you didn't want, or to rebalance, or to spend. The worst that can happen is that you never use up all of your c...
by House Blend
Wed Apr 04, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: taxes: e-file vs. paper
Replies: 51
Views: 3589

Re: taxes: e-file vs. paper

I do have one datum that supports the theory that it is manual, although it is from 5-ish years ago: The first sign of trouble was a letter from the IRS demanding a few $K in unpaid taxes. There were enough clues in the letter for me to diagnose that they thought I had reported $0 in qualified divi...
by House Blend
Wed Apr 04, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: taxes: e-file vs. paper
Replies: 51
Views: 3589

Re: taxes: e-file vs. paper

I imagine the forms are formatted so that they can scan the paper right into an electronic file, with minimal manual data entry. I thought so too but in another thread earlier this year I was informed that the process is manual. Perhaps they even offshore the keypunching. I certainly would if I had...
by House Blend
Wed Apr 04, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: taxes: e-file vs. paper
Replies: 51
Views: 3589

Re: taxes: e-file vs. paper

I just can't understand why anyone would prefer to send in paper returns, when e-filing is so much easier, and you get an immediate acknowledgement that your return was in fact filed. I always owe -- haven't had a refund for 25 years. As always, this year IRS will take their money by direct debit o...
by House Blend
Wed Apr 04, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: State tax due at tax time - ever become deductible on Federal?
Replies: 3
Views: 432

Re: State tax due at tax time - ever become deductible on Federal?

With the new $10K limitation on SALT deductions, you could be in a situation where little to no state income tax is deductible even if you do itemize. For an extreme example, if you will pay more than $10K in property tax in 2018, then there's no way to get (additional) Federal deductions from any s...
by House Blend
Mon Apr 02, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance TRowePrice 401k to help with Vanguard TLH
Replies: 7
Views: 559

Re: Rebalance TRowePrice 401k to help with Vanguard TLH

People continue to make up rules that do not exist for TLH. I do not understand why you worry about 401k which can not cause a wash sale. If you go back 10+ years ago, there was no guidance from the IRS regarding the possibility of IRAs being involved in wash sales. And then there was. For many yea...
by House Blend
Mon Apr 02, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3531
Views: 1003681

Re: What Movie Have You Recently Watched?

Last Flag Flying, a dramedy by Carell, Cranston and Fishburne from Amazon. I enjoyed Steve Carrell as an actor and have not been disappointed. Politically it might not be everyone's cup of tea. As aside, the human drama and tragedy were handled rather delicately about the death of a son in the Iraq...
by House Blend
Mon Apr 02, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: TLH and ongoing dividends
Replies: 6
Views: 451

Re: TLH and ongoing dividends

If you insist on combining TLH with automatic reinvesting of dividends, then you have to live with either (a) the possibility of small wash sales, (b) limiting your TLH activity to periods outside the 61 day wash windows created by dividends, or (c) selling the reinvested dividends (an annoyance onl...
by House Blend
Fri Mar 30, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Filing for Tax Extension
Replies: 8
Views: 550

Re: Question about Filing for Tax Extension

I guess this causes me to wonder about this: What if you are ABSOLUTELY SURE that you won't owe any tax. And you don't bother filing for an extension. And do later file your return, well after April 17th but before the due date (in October of the same year) of what would have been an extension. I'v...
by House Blend
Thu Mar 29, 2018 11:52 am
Forum: Personal Finance (Not Investing)
Topic: looks like i just created a wash sale with dividends...what next?
Replies: 5
Views: 735

Re: looks like i just created a wash sale with dividends...what next?

Couldn’t the OP just sell the dividend and reinvest in something else? The issue is that the replacement shares resulting from the div reinvest were in an IRA. Those shares captured part of the loss, but since cap gains/losses cannot be exposed in an IRA, selling those shares accomplishes nothing. ...
by House Blend
Wed Mar 28, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Taxability of State Tax Refunds w/ Limit on State Tax Itemized Deductions
Replies: 6
Views: 830

Re: Taxability of State Tax Refunds w/ Limit on State Tax Itemized Deductions

I'll be interested to see the updated worksheet for the 2018 tax year. This is pure speculation, but what makes the most sense to me is that the (partial) reporting of a state income tax refund will be limited to the extent you needed state income tax to hit the $10K SALT limit. In other words, sup...
by House Blend
Wed Mar 28, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: Capital gains and tax brackets
Replies: 8
Views: 1558

Re: Capital gains and tax brackets

...however, the 3.8% Net Investment Income surtax is triggered by hitting certain levels of modified AGI, not Taxable Income. (Only in rare circumstances will this flavor of modified AGI not match AGI.) If you are MFJ and your mAGI is greater than $250K, then you'll owe an extra 3.8% on all of your ...
by House Blend
Tue Mar 27, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: TLH with Roth IRA wash sale complication
Replies: 25
Views: 1588

Re: TLH with Roth IRA wash sale complication

It's a real stretch to think that alone provides any insight whatsoever about how to interpret the wash sale rules. Brokerages are not required to report wash sales across accounts at other brokerages, so should we assume those aren't wash sales either? You're being silly. They can't report informa...
by House Blend
Mon Mar 26, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Nice tax problem to have – Please Advise
Replies: 14
Views: 2701

Re: Nice tax problem to have – Please Advise

Question to those of you who are still working/earning W2 income and have a growing taxable portfolio that is producing a sizeable amount of dividends/capital gains/interest: Do you adjust your W2 tax withholding at your employer to account for the taxes on your portfolio as well as your W2 income ...
by House Blend
Wed Mar 21, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Betterment – how to report foreign-sourced income from dividends?
Replies: 2
Views: 302

Re: Betterment – how to report foreign-sourced income from dividends?

Or is this only required if I wish to claim foreign tax credit (form 1116) for the foreign tax I paid (only just over $1!). This. Betterment could have made it clearer that your foreign source dividend income from mutual funds and ETFs is relevant only if you need to file Form 1116. And if all of y...
by House Blend
Wed Mar 21, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: PSA: Vanguard Drops The Ball (Cost Basis Issue)
Replies: 23
Views: 3738

Re: PSA: Vanguard Drops The Ball (Cost Basis Issue)

I spoke with a fellow in their resolutions team yesterday, and what he told me is that whenever you convert Investor shares to Admiral shares, the system resets the cost basis to "average cost basis". He explained that you then have the option of requesting an "exception" for them to put it back to...
by House Blend
Tue Mar 20, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out 401,457 and 403b. Other ideas for pre-tax savings?
Replies: 8
Views: 1025

Re: Maxing out 401,457 and 403b. Other ideas for pre-tax savings?

The reason I'm looking at reducing W2 income as much as possible is to start a roth conversion Maxing out tax- advantaged accounts is one thing, but doing more tax- deferral so that you can do more Roth-converting is equivalent to simply doing more Roth- contributing and less tax-deferral. If you t...
by House Blend
Mon Mar 19, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Paying taxes today vs tomorrow in taxable account.
Replies: 2
Views: 465

Re: Paying taxes today vs tomorrow in taxable account.

Any good arguments for pulling basis only out and defer paying the capital gains in order to make the Roth contribution? Vs Arguments to pay the tax now and let it grow tax free forever? I don't for-see myself ever being in the 20% LTCG bracket. Perhaps there's a misunderstanding here, but you don'...
by House Blend
Mon Mar 19, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Tax Question on Qualified Dividends (1099-DIV)
Replies: 7
Views: 554

Re: NJ Tax Question on Qualified Dividends (1099-DIV)

Taxed as ordinary income Ahh, so ordinary dividends, qualified dividends, and capital gains are all treated as ordinary income in NJ? I think *most* states that tax income don't offer special rates for qualified dividends or capital gains, so nothing special about NJ in that regard. And if you don'...
by House Blend
Fri Mar 16, 2018 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Harvested, but to a higher expense ratio
Replies: 8
Views: 892

Re: Harvested, but to a higher expense ratio

Revisiting this topic. So I had moved 153k from VBR to VTWV, to harvest about $500 in losses last year. VTWV expense ratio is .2%, or appx $300 per year. VBR is .07%, or appx $100/year. This tells me I am paying a $200 annual premium for being in VTWV. As I plan to hold this long term, I'm not sure...