You are correct. The ordinary income tax is on the difference between total ordinary dividends and qualified dividends.
Ed
Search found 995 matches
- Fri Mar 08, 2024 12:26 pm
- Forum: Personal Finance (Not Investing)
- Topic: Taxes - Ord Divs vs Qual Divs
- Replies: 5
- Views: 382
- Sat Jan 27, 2024 3:25 pm
- Forum: Investing - Theory, News & General
- Topic: All-US Balanced Index ETFs?
- Replies: 6
- Views: 910
Re: All-US Balanced Index ETFs?
How about "rolling your own" by 60% VTI and 40% BND.
Ed
Ed
- Thu Jan 04, 2024 3:36 pm
- Forum: Investing - Theory, News & General
- Topic: New issue and auto roll Tbills at Fidelity
- Replies: 10
- Views: 1575
Re: New issue and auto roll Tbills at Fidelity
Here's a link showing upcoming auctions as well as the results of auctions.
https://www.treasurydirect.gov/auctions/upcoming/
Ed
https://www.treasurydirect.gov/auctions/upcoming/
Ed
- Sun Dec 31, 2023 3:50 pm
- Forum: Personal Finance (Not Investing)
- Topic: Is Altruist a good custodian for me, the client?
- Replies: 6
- Views: 847
Re: Is Altruist a good custodian for me, the client?
I'd carefully look through all of the disclosure documents to make sure this is a true statement. They must be paid somehow.
Ed
- Thu Dec 28, 2023 11:14 pm
- Forum: Personal Investments
- Topic: Vanguard Cash Plus Account?
- Replies: 20
- Views: 4191
Re: Advantages of Vanguard cash plus account?
I'm not familiar with the Vanguard Cash Plus account, but I am familiar with the Vanguard Advantage Account Vanguard used to offer.
One risk of signing up for this new account is that Vanguard might decide to pull the plug on it in the future.
That's what happened to the Vanguard Advantage Account. We had used this account for several years, had all our income and expenses automatically handled in the account, and had to scramble to move our cash management to another brokerage when Vanguard decided to eliminate it.
Ed
One risk of signing up for this new account is that Vanguard might decide to pull the plug on it in the future.
That's what happened to the Vanguard Advantage Account. We had used this account for several years, had all our income and expenses automatically handled in the account, and had to scramble to move our cash management to another brokerage when Vanguard decided to eliminate it.
Ed
- Wed Dec 27, 2023 8:16 pm
- Forum: Investing - Theory, News & General
- Topic: What happened to VINIX Vanguard Institutional Index Fund Institutional Shares today??
- Replies: 23
- Views: 2660
Re: why is VINIX down 1.41% today?
A distribution.
Ed
Ed
- Sun Dec 24, 2023 6:04 pm
- Forum: Investing - Theory, News & General
- Topic: A Christmas Message
- Replies: 140
- Views: 14652
Re: A Christmas Message
Taylor, thank you for your brave actions that helped the Allies win the war.
You're an amazing person who has accomplished great things, including starting the Bogleheads!
Merry Christmas.
Ed
You're an amazing person who has accomplished great things, including starting the Bogleheads!
Merry Christmas.
Ed
- Sun Nov 19, 2023 6:51 am
- Forum: Personal Investments
- Topic: Is it possible to over contribute to TSP?
- Replies: 22
- Views: 2578
Re: Is it possible to over contribute to TSP?
If you are contributing the max to TSP, one way to over contribute is to take a loan. The interest paid on the loan goes back into the TSP on your behalf.
However, you have to sell something within the TSP to fund the loan.
Ed
However, you have to sell something within the TSP to fund the loan.
Ed
- Wed Nov 08, 2023 12:34 pm
- Forum: Personal Finance (Not Investing)
- Topic: IRS Link for Creating Tax ID
- Replies: 8
- Views: 1059
- Thu Oct 26, 2023 2:31 pm
- Forum: Investing - Theory, News & General
- Topic: Fidelity Auto Roll TBills
- Replies: 40
- Views: 8580
Re: Fidelity Auto Roll TBills
I roll 4 different 28 day T Bills each month, and, except for twice this year, they have worked with no issue. Fidelity agreed that they have a glitch in the auto roll feature.
I posted this to inform others to be on the lookout for this problem. They also advised me that others have had the same issue.
Ed
I posted this to inform others to be on the lookout for this problem. They also advised me that others have had the same issue.
Ed
- Thu Oct 26, 2023 1:37 pm
- Forum: Investing - Theory, News & General
- Topic: Fidelity Auto Roll TBills
- Replies: 40
- Views: 8580
Re: Fidelity Auto Roll TBills
No.
(CUSIP 912797HC4) maturity date was 10/24/23, and the new T Bill (CUSIP 912797HM2) announce date 10/24/23, auction date 10/26/23, maturity date 11/28/23.
Ed
(CUSIP 912797HC4) maturity date was 10/24/23, and the new T Bill (CUSIP 912797HM2) announce date 10/24/23, auction date 10/26/23, maturity date 11/28/23.
Ed
- Thu Oct 26, 2023 12:40 pm
- Forum: Personal Investments
- Topic: Fidelity's Auto-Roll- Be Careful of potential issue
- Replies: 10
- Views: 2561
Re: Fidelity's Auto-Roll- Be Careful of potential issue
For those who use the Fidelity Auto Roll service, be aware that the auto roll feature doesn't work every time.
Earlier this year, I had an auto roll that didn't work. I called them but they couldn't explain what happened. Today, I had a second failure with the auto roll feature. Fortunately, when I didn't see an open order on Tuesday for today's T Bill auction, I placed an order to make sure I didn't miss the T Bill.
I spoke to Fidelity again today and they advised me that there is a glitch in their system with the auto roll feature and they are working on a solution. They were not able to give me a resolution date on the glitch.
Ed
Earlier this year, I had an auto roll that didn't work. I called them but they couldn't explain what happened. Today, I had a second failure with the auto roll feature. Fortunately, when I didn't see an open order on Tuesday for today's T Bill auction, I placed an order to make sure I didn't miss the T Bill.
I spoke to Fidelity again today and they advised me that there is a glitch in their system with the auto roll feature and they are working on a solution. They were not able to give me a resolution date on the glitch.
Ed
- Thu Oct 26, 2023 12:33 pm
- Forum: Investing - Theory, News & General
- Topic: Fidelity Auto Roll TBills
- Replies: 40
- Views: 8580
Re: Fidelity Auto Roll TBills
For those who use the Fidelity Auto Roll service, be aware that the auto roll feature doesn't work every time.
Earlier this year, I had an auto roll that didn't work. I called them but they couldn't explain what happened. Today, I had a second failure with the auto roll feature. Fortunately, when I didn't see an open order on Tuesday for today's T Bill auction, I placed an order to make sure I didn't miss the T Bill.
I spoke to Fidelity again today and they advised me that there is a glitch in their system with the auto roll feature and they are working on a solution. They were not able to give me a resolution date on the glitch.
Ed
Earlier this year, I had an auto roll that didn't work. I called them but they couldn't explain what happened. Today, I had a second failure with the auto roll feature. Fortunately, when I didn't see an open order on Tuesday for today's T Bill auction, I placed an order to make sure I didn't miss the T Bill.
I spoke to Fidelity again today and they advised me that there is a glitch in their system with the auto roll feature and they are working on a solution. They were not able to give me a resolution date on the glitch.
Ed
- Fri Oct 06, 2023 11:43 am
- Forum: Personal Consumer Issues
- Topic: Considering Tesla model y long range, what do I need to know?
- Replies: 141
- Views: 20382
Re: Considering Tesla model y long range, what do I need to know?
When I purchased my first Model S in 2014, there were 64 Tesla Supercharger stations in the lower 48 states. Now I'm on my second Model S Long Range and at the end of September, 2023, there were 1,756 Tesla Supercharger stations in the lower 48. That doesn't look like they are going away. (Compound growth rate of 44+%)
Ed
Ed
- Thu Sep 28, 2023 3:15 pm
- Forum: Personal Investments
- Topic: Can no longer manually update outside investments
- Replies: 6
- Views: 768
Re: Can no longer manually update outside investments
I've had the same problem, now and in the past.
Consequently, I've stopped using this Vanguard "feature", and I'm now doing it in my own in my spreadsheet.
Another disappointment with Vanguard.
Ed
Consequently, I've stopped using this Vanguard "feature", and I'm now doing it in my own in my spreadsheet.
Another disappointment with Vanguard.
Ed
- Sun Sep 24, 2023 3:08 am
- Forum: Personal Finance (Not Investing)
- Topic: Assumptions for SS when planning
- Replies: 37
- Views: 3558
Re: Assumptions for SS when planning
I also assumed there would be no social security payments. When they kicked in, it provided extra income resulting in withdrawing less than planned from the portfolio.
Ed
- Fri Sep 22, 2023 2:16 pm
- Forum: Personal Investments
- Topic: How to track TBills for reinvestments?
- Replies: 24
- Views: 2360
- Fri Sep 22, 2023 2:14 pm
- Forum: Personal Investments
- Topic: How to track TBills for reinvestments?
- Replies: 24
- Views: 2360
Re: How to track TBills for reinvestments?
On the link i posted, look on the Upcoming Auctions Tab, the third entry down shows:
17 week, CUSIP 912797JB4 Announcement date--9/26/23, Auction date--9/27/23, Issue date--10/3/23
Ed
17 week, CUSIP 912797JB4 Announcement date--9/26/23, Auction date--9/27/23, Issue date--10/3/23
Ed
- Fri Sep 22, 2023 1:50 pm
- Forum: Personal Investments
- Topic: How to track TBills for reinvestments?
- Replies: 24
- Views: 2360
Re: How to track TBills for reinvestments?
I use this website from Treasury Direct to get all of the T Bill infomation I need:
https://www.treasurydirect.gov/auctions/upcoming/
Ed
- Thu Aug 31, 2023 1:46 pm
- Forum: Personal Consumer Issues
- Topic: "Don't leave home without it" when traveling overseas
- Replies: 58
- Views: 6064
Re: "Don't leave home without it" when traveling overseas
Some countries require an International Drivers License. Be certain to find out if the country(s) you're planning on visiting requires it.
They can be purchased at most American Automobile Association locations.
Source: https://www.aaa.com/vacation/idpf.html
Ed
They can be purchased at most American Automobile Association locations.
Source: https://www.aaa.com/vacation/idpf.html
Ed
- Mon Aug 28, 2023 10:27 am
- Forum: Personal Finance (Not Investing)
- Topic: How to get Tesla/EV $7500 Tax Credit if income exceeds 300K?
- Replies: 16
- Views: 4820
Re: How to get Tesla/EV $7500 Tax Credit if income exceeds 300K?
• All Tesla vehicles delivered on or after April 15, 2022 are not eligible for purchase.
• Third-party dealerships and third-party individuals are not eligible to purchase leased vehicles.
• Model 3 and Model Y leases are not eligible for purchase regardless of delivery date.
Source: https://www.tesla.com/support/leasing/lease-end-options
Ed
• Third-party dealerships and third-party individuals are not eligible to purchase leased vehicles.
• Model 3 and Model Y leases are not eligible for purchase regardless of delivery date.
Source: https://www.tesla.com/support/leasing/lease-end-options
Ed
- Tue Aug 22, 2023 12:59 pm
- Forum: Investing - Theory, News & General
- Topic: "These will be the best 10 stocks in 2023, analysts say"
- Replies: 120
- Views: 23014
- Tue Aug 22, 2023 10:21 am
- Forum: Investing - Theory, News & General
- Topic: "These will be the best 10 stocks in 2023, analysts say"
- Replies: 120
- Views: 23014
Re: "These will be the best 10 stocks in 2023, analysts say"
I just clicked on the link to IBD that Nisiprius posted in the OP.
Looks like some of the original stocks have been replaced with new ones.
And, it's now down to 9 stocks instead of 10.
Ed
Looks like some of the original stocks have been replaced with new ones.
And, it's now down to 9 stocks instead of 10.
Ed
- Sun Jun 18, 2023 7:26 pm
- Forum: Personal Finance (Not Investing)
- Topic: HELOC [Should I get a Home Equity Line Of Credit?]
- Replies: 25
- Views: 3314
Re: HELOC [Should I get a Home Equity Line Of Credit?]
If the owner is at least 62 years of age, an alternative to a HELOC is a Home Equity Conversion Mortgage (HECM). If you meet the age requirement, I'd recommend you compare the two options before deciding which way to go.
Ed
- Wed Jun 14, 2023 5:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: Receiving someone else's consumer loan statements
- Replies: 10
- Views: 665
Re: Receiving someone else's consumer loan statements
Have you tried to contact the loan owner to make him/her aware of this situation?
They would more than likely want to get this corrected.
Ed
They would more than likely want to get this corrected.
Ed
- Tue Jun 13, 2023 2:25 pm
- Forum: Personal Investments
- Topic: Treasury Direct - New Issue 1 Year Bill - What Rate?
- Replies: 11
- Views: 1518
Re: Treasury Direct - New Issue 1 Year Bill - What Rate?
Here's a link to Treasury Auctions and Results:
https://www.treasurydirect.gov/auctions/upcoming/
Ed
https://www.treasurydirect.gov/auctions/upcoming/
Ed
- Sun Apr 16, 2023 1:18 pm
- Forum: Personal Consumer Issues
- Topic: Which EV should I buy in California?
- Replies: 60
- Views: 6722
Re: Which EV should I buy in California?
I purchased a new Tesla Model S in 2014 that I drove for 80,000 miles over an 8 year period. When I sold the car, the battery had degraded 6%.Jon Luskin wrote: ↑Sun Apr 16, 2023 11:37 am ....And, my understanding of EVs is that the battery degrades over time...
I realize that is a sample of only one but it was my experience.
Good luck in your decision.
Ed
- Thu Mar 23, 2023 11:15 am
- Forum: Investing - Theory, News & General
- Topic: Treasury bills for dummies
- Replies: 3
- Views: 662
Re: Treasury bills for dummies
Here's a link to the Treasury Resource Center that will answer your question:
https://home.treasury.gov/resource-cent ... value=2022
Ed
https://home.treasury.gov/resource-cent ... value=2022
Ed
- Wed Mar 01, 2023 6:27 pm
- Forum: Personal Investments
- Topic: Purposes I Bonds are used for -
- Replies: 49
- Views: 4716
Re: Purposes I Bonds are used for -
We've used I Bonds for many years to make car payments to ourselves. When we're ready to purchase a new auto, we cash I Bonds to raise the required cash.
We started this in the mid-90s when we payed off our final car loan. We decided to keep making the payment, but to ourselves. It's worked very well for us.
Ed
We started this in the mid-90s when we payed off our final car loan. We decided to keep making the payment, but to ourselves. It's worked very well for us.
Ed
- Mon Feb 27, 2023 12:30 pm
- Forum: Personal Finance (Not Investing)
- Topic: Applying 2022 refund to 2023 taxes (federal)
- Replies: 23
- Views: 1545
Re: Applying 2022 refund to 2023 taxes (federal)
Yes, if you apply overpayment of 2022 Federal taxes to 2023 estimated taxes, it is applied to the first quarter of 2023 estimated taxes.
Ed
Ed
- Sun Feb 12, 2023 4:52 pm
- Forum: Investing - Theory, News & General
- Topic: bonehead-level LTCG tax question
- Replies: 11
- Views: 1263
Re: bonehead-level LTCG tax question
Looking at the 2023 Long-Term Capital Gains tax rate at the federal level, the first $89,250 has a 0% rate.
However, these rates are effective for 2023 only. By one to two decades from now, there's no way to know.
Ed
However, these rates are effective for 2023 only. By one to two decades from now, there's no way to know.
Ed
- Sat Jan 28, 2023 8:02 pm
- Forum: Personal Finance (Not Investing)
- Topic: Should I accept this Met Life Long-Term Care Inflation Offer?
- Replies: 15
- Views: 1973
Re: Should I accept this Met Life Long-Term Care Inflation Offer?
We have a John Hancock LTC policy started in July, 2004. We bought the best policy offered at that time with a 5% inflation rider, unlimited lifetime benefit, 100% Home Care benefit and a 90 day waiting period. It also includes a rider for Stay at Home Modifications. Over the years, JH has offered a reduced premium if we reduced the inflation rider. With our experiences of taking care of our parents (no LTC), we've always declined their offers and have paid the increased premiums in the 3 years they raised them. In real (inflation adjusted terms), our premiums have increased over the past 16 years at a compound rate of 1.68%. Our daily rate and Home Modifications have increased (again in inflation adjusted terms) at a compound rate of 2.48%...
- Sun Jan 01, 2023 1:20 pm
- Forum: Personal Investments
- Topic: Portfolio percentages helper
- Replies: 4
- Views: 528
Re: Portfolio percentages helper
The easiest way I know is to total all of your assets in your portfolio. Then, determine the amount of money in each asset you want to track.
Once you have these numbers, divide each asset total by the total of your entire portfolio. That will give you the percentage of each asset in your total portfolio.
For example:
Stocks..........$1,000.......50%
Bonds..............$500......25%
Cash...............$500......25%
Total.............$2,000....100%
Ed
Once you have these numbers, divide each asset total by the total of your entire portfolio. That will give you the percentage of each asset in your total portfolio.
For example:
Stocks..........$1,000.......50%
Bonds..............$500......25%
Cash...............$500......25%
Total.............$2,000....100%
Ed
- Sat Nov 19, 2022 1:28 pm
- Forum: Investing - Theory, News & General
- Topic: What have your (long term) investment returns been?
- Replies: 47
- Views: 4441
Re: What have your (long term) investment returns been?
We've tracked our XIRR for the past 15 years, both in nominal and real (inflation adjusted) returns. We use XIRR because it measures our portfolio performance considering all or our income and expenses. We must thank White Coast Investor for posting "how to" do XIRR calculations years ago. Once he posted, we went back and filled in all of the "ins" and "outs" of our portfolio which we continue to this day. While we know 2022 is going to be brutal, it'll be interesting to compare it to our performance in 2008. Here are the year-by-year numbers: Year Nominal Real 2007 8.09% 3.85% 2008 -14.21% -14.28% 2009 14.74% 11.70% 2010. 8.35% 6.75% 2011 7.90% 4.80% 2012 8.66% 6.80% 2013 6.87% 5.29% 2014 5.79% 5.00% 2015 0.13...
- Thu Sep 29, 2022 10:30 am
- Forum: Personal Consumer Issues
- Topic: Strange Login Situation
- Replies: 11
- Views: 1107
Re: Strange Login Situation
I had continuing issues with Yubi Key at Vanguard, and I deleted it and re-registered it using different browsers, hoping for long term success.
I wasn't able to get it to work successfully, so I stopped trying and no longer use it at Vanguard.
Ed
I wasn't able to get it to work successfully, so I stopped trying and no longer use it at Vanguard.
Ed
- Thu Sep 15, 2022 9:39 am
- Forum: Investing - Theory, News & General
- Topic: VTIP Negative Returns
- Replies: 9
- Views: 1276
Re: VTIP Negative Returns
Your timeline can't be immediate/long term. Also, you should examine why you made the purchase in early 2022. Did something change in your investing goal that leads you to consider doing something else?
It sounds like you're tempted to sell because the value went down. Investing involves ups and downs and that is part of the game. Also, you purchased a short term TIPs fund and that's different from other treasury offerings.
My thought is to continue holding this fund for the long term.
Ed
- Tue Sep 13, 2022 7:39 am
- Forum: Investing - Theory, News & General
- Topic: CPI and SS COLA
- Replies: 30
- Views: 2986
Re: CPI and SS COLA
Remember that SS increases are calculated using the CPI index for Urban Wage Earners and Clerical Workers (CPI-W), not the CPI.
Ed
Ed
- Mon Sep 12, 2022 2:49 pm
- Forum: Personal Investments
- Topic: 100/0 to 50/50 in One Fell Swoop
- Replies: 92
- Views: 11968
Re: 100/0 to 50/50 in One Fell Swoop
Look at it this way. From the overall portfolio point of view, 20% of 50% = 10%. Not a significant amount and in the long term, your portfolio is less risky than before.ProsperGoalzz wrote: ↑Sun Sep 11, 2022 11:09 am
....I hate locking in 20% losses on 50% of my portfolio.....
I would appreciate some encouragement and wisdom. Some sugar to help the medicine go down....
Ed
- Tue Sep 06, 2022 6:21 am
- Forum: Personal Finance (Not Investing)
- Topic: Pulling funds from market for Home Downpayment
- Replies: 14
- Views: 1378
Re: Pulling funds from market for Home Downpayment
Hi Dan, welcome to the forum.
If selling stocks is the only option you have to source the downpayment, then I agree that selling the international and its loss makes sense. Then sell the remaining amount you need from the total stock market index.
WIth those two sales, you'd offset $4,000 of the capital gain on the total stock with the loss in international. The additional $5,000 gain in total stock will be subject to capital gains.
Ed
If selling stocks is the only option you have to source the downpayment, then I agree that selling the international and its loss makes sense. Then sell the remaining amount you need from the total stock market index.
WIth those two sales, you'd offset $4,000 of the capital gain on the total stock with the loss in international. The additional $5,000 gain in total stock will be subject to capital gains.
Ed
- Wed Aug 31, 2022 4:08 pm
- Forum: Investing - Theory, News & General
- Topic: A Change in Vanguard Flagship Service
- Replies: 65
- Views: 11421
Re: The End of Vanguard Flagship Service?
Hey Mel,
Glad they finally did the deed on the more wealthy Flagship Clients. Welcome to the Club!
Ed
Glad they finally did the deed on the more wealthy Flagship Clients. Welcome to the Club!
Ed
- Wed Jul 27, 2022 6:58 pm
- Forum: Personal Investments
- Topic: VT v VTI
- Replies: 10
- Views: 2223
- Thu Jun 16, 2022 9:25 am
- Forum: Personal Investments
- Topic: New to investing, looking for advice on whether to break up with my family's financial advisor
- Replies: 50
- Views: 4194
Re: New to investing, looking for advice on whether to break up with my family's financial advisor
"The total rate of return over the past 22 years has been 14.39%."
OP, is this the total rate of return, or, the average annual rate of return for the 22 year period?
There is a significant difference between the total return and the average annual rate of return.
Ed
OP, is this the total rate of return, or, the average annual rate of return for the 22 year period?
There is a significant difference between the total return and the average annual rate of return.
Ed
- Thu Jun 02, 2022 9:31 am
- Forum: Investing - Theory, News & General
- Topic: What convinced you that you can't outperform the market?
- Replies: 179
- Views: 15853
Re: What convinced you that you can't outperform the market?
In 1996, I read the book "Buffettology" by Mary Buffett and David Clark. In this book, the authors described the method that they said Warren Buffett uses to identify stocks to purchase. I decided to take some money from our portfolio and invest it in individual stocks, using the methods described in that book. My objective was to compare the performance of our stocks to Vanguard's Total Stock Market Index fund in the future. I wanted to see if we could "beat" the Total Stock Market Index with our purchase of individual stocks. Using the methods Buffett and Clark identified, I developed what I called "The Mother of All Spreadsheets" to identify which individual stocks to purchase in our test portfolio. I back-t...
- Mon Mar 14, 2022 3:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mitigating Future Large Taxation Bill Due to Vanguard Mutual Funds
- Replies: 23
- Views: 1552
- Mon Mar 14, 2022 12:31 pm
- Forum: Personal Investments
- Topic: Financial advisor advice for friend
- Replies: 33
- Views: 2929
- Mon Mar 14, 2022 10:16 am
- Forum: Personal Investments
- Topic: long term gains question and tax implications
- Replies: 5
- Views: 582
Re: long term gains question and tax implications
If you reinvested those dividends and capital gains distributions, they add to your cost basis.
So, you invested the initial amount of $50,000 and you invested an additional $25,000 in distributions.
When you sell, the capital gain will be on the difference between the sales price and the $75,000 you invested.
Ed
So, you invested the initial amount of $50,000 and you invested an additional $25,000 in distributions.
When you sell, the capital gain will be on the difference between the sales price and the $75,000 you invested.
Ed
- Sat Mar 12, 2022 2:36 pm
- Forum: Investing - Theory, News & General
- Topic: 2000-2003 vs 2007-2009 Which was worst?
- Replies: 88
- Views: 6641
Re: 2000-2003 vs 2007-2009 Which was worst?
Vanguard's Total Stock Market Index (VTSAX) inflation adjusted returns for the time period between YE 1999 and YE 2002 were:
2000 -13.5%
2001 -12.25%
2002 -22.79%
Cumulative loss for the three year period = -48.54%. $1 became $.59 in purchasing power.
Between YE 2007 and YE 2009 the inflation adjusted returns were:
2008 -37.05%
2009 +25.42%
Cumulative loss for the two year period = -11.63%. $1 became $.79 in purchasing power.
Ed
2000 -13.5%
2001 -12.25%
2002 -22.79%
Cumulative loss for the three year period = -48.54%. $1 became $.59 in purchasing power.
Between YE 2007 and YE 2009 the inflation adjusted returns were:
2008 -37.05%
2009 +25.42%
Cumulative loss for the two year period = -11.63%. $1 became $.79 in purchasing power.
Ed
- Tue Feb 15, 2022 3:24 pm
- Forum: Personal Investments
- Topic: Decumulation tracking in retirement - anyone doing it?
- Replies: 57
- Views: 7358
Re: Decumulation tracking in retirement - anyone doing it?
We don’t do a glide path projecting the future, but we track all portfolio activity in inflation adjusted terms. At the beginning of retirement, we know what the starting portfolio balance is. Capture the CPI-U index number at that point. Starting with day one of retirement, capture income and expenses in a XIRR spreadsheet, by date. Movement of money within the portfolio is not counted, only money added to, or taken out of the portfolio. At the end of each month, total the net amount of activity, and capture the CPI-U index number. At the end of the year, run the XIRR calculation for that year’s activity. That gives the XIRR for that year, nominally. To adjust for inflation, use the following formula: ((1+the nominal return)/(1+inflation f...
- Thu Feb 03, 2022 7:56 am
- Forum: Personal Finance (Not Investing)
- Topic: Estate Tax Returns
- Replies: 14
- Views: 1831
Re: Estate Tax Returns
I had experience with H&R Block last year when I was executor of an estate in Virginia.
The person I dealt with was an Enrolled Agent and Master Tax Advisor. The total cost for preparing the federal and state tax returns and the K-1's was $690.
If you can find a person in your location with those credentials, I'd highly recommend H&R Block to you.
Ed
edit: I forgot to add that the final tax returns (federal and state) for the decedent was included in that price.
The person I dealt with was an Enrolled Agent and Master Tax Advisor. The total cost for preparing the federal and state tax returns and the K-1's was $690.
If you can find a person in your location with those credentials, I'd highly recommend H&R Block to you.
Ed
edit: I forgot to add that the final tax returns (federal and state) for the decedent was included in that price.
- Tue Feb 01, 2022 11:02 am
- Forum: Personal Finance (Not Investing)
- Topic: Spreadsheet budget mistake (fixable?)
- Replies: 7
- Views: 1263
Re: Spreadsheet budget mistake (fixable?)
Here’s the way I do a high-level review of cash flow using a XIRR spreadsheet.
Each day there is activity in the portfolio, I input that activity, either positive or negative. At the end of the month, I total all the activity for that month. That shows me the net change of all activity for the month in the portfolio. At year-end, totaling each month’s activity shows the net activity for the year.
Using the XIRR spreadsheet also allows me to capture the rate of return for the portfolio.
Ed
Each day there is activity in the portfolio, I input that activity, either positive or negative. At the end of the month, I total all the activity for that month. That shows me the net change of all activity for the month in the portfolio. At year-end, totaling each month’s activity shows the net activity for the year.
Using the XIRR spreadsheet also allows me to capture the rate of return for the portfolio.
Ed