Search found 4370 matches

by House Blend
Sun Apr 22, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: when to rebalance?
Replies: 12
Views: 971

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: 557
Views: 62011

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: 583

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: 1045

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: 10164

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: 557
Views: 62011

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: 5196

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: 3414

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: 1573

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: 3414

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: 1031

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: 1026

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: 3425

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: 3425

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: 3425

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: 405

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: 518

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: 3502
Views: 987664

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: 415

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: 436

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: 686

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: 816

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: 1520

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: 1554

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: 2666

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: 285

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: 3652

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: 991

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: 439

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: 531

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: 826

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...
by House Blend
Fri Mar 16, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Lived in three states - How to report schedule B income?
Replies: 4
Views: 302

Re: Lived in three states - How to report schedule B income?

Living in three states is one thing; a more important matter is whether you were considered a resident of those states. Typically that means moving one's home from A to B to C in one year, which sounds unusual. Working in state B doesn't automatically make you a resident of State B. If you worked i...
by House Blend
Fri Mar 16, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you save for your IRA Contribution?
Replies: 12
Views: 1025

Re: Where do you save for your IRA Contribution?

I'm going to guess the op maxed their IRA and are saving for the following year (2018 maxed and wondering where to stash 2019s contribution). We just direct taxable monthly savings towards iras at the beginning of the year instead of sitting on cash for any length of time. Once IRAs are maxed, we g...
by House Blend
Wed Mar 14, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: How much to withdraw from Roth vs. tax-deferred in retirement?
Replies: 26
Views: 1830

Re: How much to withdraw from Roth vs. tax-deferred in retirement?

Yes, I saw that part. It seems we are not communicating and I guess that happens sometimes. :happy I took your comment to mean you thought Kitces' article disagreed with what I said. I don't think it does. For me, it seems best to take my expenses from tIRA, also convert tIRA to Roth IRA up to my l...
by House Blend
Wed Mar 14, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: Early Retirement and Withdrawals and AA
Replies: 15
Views: 1457

Re: Early Retirement and Withdrawals and AA

That's an interesting idea - keep stocks in taxable and bonds/cash in Roth to take advantage of TLH. However, given the gains in the stocks, they would have to fall quite a bit to realize a loss. On the other hand, perhaps one could do some tax gain harvesting using the headroom in the 12% bracket....
by House Blend
Wed Mar 14, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: How much to withdraw from Roth vs. tax-deferred in retirement?
Replies: 26
Views: 1830

Re: How much to withdraw from Roth vs. tax-deferred in retirement?

I can't think of any reason to withdraw consistently from Roth when there is tax-deferred money available. Fast forward to a future in which your tax-deferred account is empty, and all you have left is a Roth account. If your marginal rate in that future is lower than it is now, then you should be ...
by House Blend
Wed Mar 14, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: Early Retirement and Withdrawals and AA
Replies: 15
Views: 1457

Re: Early Retirement and Withdrawals and AA

No mention of standard deduction, but with $40K of taxable income before 12%/0% ends, I see $32K of headroom between the current income floor and the bracket top. Looks like there is currently access to $150K of penalty-free, tax-free dollars. If having that last for 5 years x $20K sounds too risky ...
by House Blend
Tue Mar 13, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: "An Ideal Retirement Spending Strategy?" (from Oblivious Investor)
Replies: 31
Views: 4943

Re: "An Ideal Retirement Spending Strategy?" (from Oblivious Investor)

That's why people talk about it being too conservative. Many feel that 3.6% for someone who is 70 is too conservative. And someone who is 65 is only allowed to withdraw 3.1% of their portfolio . If you're under 65 then the number is even smaller.... Just curious, but how did they extrapolate RMD di...
by House Blend
Tue Mar 13, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: TIAA 403b rebalance will force "sale" of Traditional -- Consequences?
Replies: 5
Views: 387

Re: TIAA 403b rebalance will force "sale" of Traditional -- Consequences?

I know there are restrictions about taking money out of Traditional once you put it in, so I'm not sure if there will be adverse effects upon this rebalance? What kind of adverse effects are you worried about? Presumably you have one of the liquid forms of Traditional. If not, this would be a wide ...
by House Blend
Tue Mar 13, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Individual recordkeeping obligations?
Replies: 8
Views: 807

Re: Individual recordkeeping obligations?

what if I completely trust Vanguard, and just pass on their info to IRS? In this case I don't need (and am not required) to keep my own records? Just because your shares are covered, and your broker has made no mistakes, that does not mean that you are following tax laws correctly by copying number...
by House Blend
Mon Mar 12, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Replacement shares with wash sale
Replies: 15
Views: 1559

Re: Replacement shares with wash sale

I assume you mean that each buy and sell takes place on the same day. In that case, you don't have any wash sales. Or you do, but the net tax consequences are the same as if there were no wash sales. On 1/2, the buy doesn't trigger a wash, since you haven't (yet) sold shares at a loss. When you sell...
by House Blend
Mon Mar 12, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting dividends in taxable along w/ new contributions
Replies: 9
Views: 725

Re: Reinvesting dividends in taxable along w/ new contributions

I would like to have my system be both simple and efficient! Since you are new to taxable investing, let me point out that VTSAX will be announcing the div (very late) on March 20. What that means in practice is that if you want to get the same price that an auto-reinvestor would get, your next pur...
by House Blend
Mon Mar 12, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 785
Views: 143986

Re: Boglehead Beer

For the inside fridge, I traipse through a lot of craft beers. All over the map, depending on what I'm feeling like (Scotch ales recently). Last Fall, I lucked into a 4 pack of Founder's Backwoods Bastard (a Bourbon Barrel aged version of their Dirty Bastard Scotch ale). I'm trying to age it but ha...
by House Blend
Mon Mar 12, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?
Replies: 27
Views: 1841

Re: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?

dbr wrote:
Mon Mar 12, 2018 9:27 am
I thought my comment about "time in market" did address this.
When I started composing my reply, the last post in this thread was the one from by BeBH65.
by House Blend
Mon Mar 12, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?
Replies: 27
Views: 1841

Re: When doing Dollar Cost Averaging (DCA) does it matter how frequently you put in monies?

For instance, does it make a difference if you invest $100 daily versus investing $1500 bi-weekly versus investing $3000 monthly? They'd all compound on the same schedule, right? I'm surprised that (almost) no one is addressing your question, which is not about lump sum vs. DCA, but rather about DC...
by House Blend
Sun Mar 11, 2018 3:31 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 557
Views: 62011

Re: Netflix, Your Current Favorite Show

watched first 2 episodes of Black Mirror. The first wasn't good as others warned, but the second wasn't much better imo. (The episode where everyone peddles bikes to earn points to get on some stupid game show.) Do the following episodes get any better, or is episode 2 indicative of how the show is...
by House Blend
Thu Mar 08, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: IRA contribution for 2017 year made in calendar year 2018
Replies: 2
Views: 233

Re: IRA contribution for 2017 year made in calendar year 2018

You will get a 1099-R one year from now, for tax year 2018.

You will file Form 8606 twice:
For tax year 2017, to report a non-deductible IRA contribution.
For tax year 2018, to report a Roth conversion.
by House Blend
Wed Mar 07, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Short Term/Long Term VWIUX to VWLUX
Replies: 17
Views: 1130

Re: Tax Loss Harvesting Short Term/Long Term VWIUX to VWLUX

I plan to wait 31 days and go back to VWIUX. A better plan is to take a look at the value of your VWLUX shares after 31 days. Only if it shows a loss or a very small gain, go back to VWIUX. A loss of $400 (on what must have been at least $50K) is at most 0.8%. A price uptick of 0.5% could erase the...
by House Blend
Sun Mar 04, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question: Foreign Tax Credit & Capital Gains
Replies: 10
Views: 677

Re: Tax question: Foreign Tax Credit & Capital Gains

I was very confused about this too, until I found a sentence in Pub. 514 that clarified things. In short, if you are a US investor, and you invest in US-located funds (RICs), then your capital gains and losses associated with sales of shares of those funds are considered US-source income, even if t...
by House Blend
Sun Mar 04, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: CA Subtraction, Addition for Tax-Exempt Dividends
Replies: 18
Views: 1342

Re: CA Subtraction, Addition for Tax-Exempt Dividends

It's more complicated than that... I have no idea what point you are trying to make, but I agree with everything that Artsdoctor wrote. It's true that Federal law prohibits states from taxing things like treasury bond interest, and interest on muni bonds from Guam. And states don't tax interest on ...