Search found 851 matches

by ps56k
Fri Dec 06, 2019 5:28 pm
Forum: Personal Investments
Topic: Thoughts on - Chevron CVX and Berkshire BRK/B
Replies: 12
Views: 690

Re: Thoughts on - Chevron CVX and Berkshire BRK/B

If you don’t consider these two individual holdings to represent a material portion of your portfolio, I’d hold. If they are material, I’d either fully divest or sell most of it and reinvest according to your overall allocation. Tnx for all the comments - I happen to watch a PBS show called NBR - a...
by ps56k
Fri Dec 06, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-MISC for all vendors from small biz
Replies: 2
Views: 182

1099-MISC for all vendors from small biz

I happen to run across this topic today - and was wondering how it is actually being handled in the real world. It appears that if you do business with small biz - you are supposed to get their EIN tax ID, and issue them a 1099-MISC for any payments you made to them... I guess to catch any un-report...
by ps56k
Fri Dec 06, 2019 4:11 pm
Forum: Personal Investments
Topic: Thoughts on - Chevron CVX and Berkshire BRK/B
Replies: 12
Views: 690

Thoughts on - Chevron CVX and Berkshire BRK/B

I have had Chevron for awhile - and have the little Bershire also, due to an M&A - So - my Chevron has a 4% div - and has grown over the years, but no big deal - My Bershire has no div - and has also grown over the years.... At this point - the Energy, Gas, Oil sector looks to be over supplied, and ...
by ps56k
Fri Nov 22, 2019 5:34 pm
Forum: Investing - Theory, News & General
Topic: Calvert Impact Capital & Blue Forest Conservation
Replies: 2
Views: 177

Re: Calvert Impact Capital & Blue Forest Conservation

tnx - not sure I want to setup a $5k DAF just yet - but will keep reading up on the various resources -
https://www.impactassets.org/our_products/giving_fund
by ps56k
Fri Nov 22, 2019 4:14 pm
Forum: Personal Investments
Topic: What do I do with Series EE bonds from 2008?
Replies: 11
Views: 1294

Re: What do I do with Series EE bonds from 2008?

You can use the Calculator to figure out and track them -

https://www.treasurydirect.gov/BC/SBCPrice
by ps56k
Fri Nov 22, 2019 4:03 pm
Forum: Personal Investments
Topic: Reduce high ER or large single stock holdings first?
Replies: 9
Views: 464

Re: Reduce high ER or large single stock holdings first?

One other thing, when it comes to taxes for me - are Cap Gains - Not just the kind from YOU buying/selling assets, but those from any mutual funds with a high growth and turnover ratio. I've been hampered with a couple of TRowe mutual funds, that generate high turnover, high returns, and high Cap Ga...
by ps56k
Fri Nov 22, 2019 3:52 pm
Forum: Personal Investments
Topic: Fidelity Intermediate Municipal Strategy
Replies: 21
Views: 1417

Re: Fidelity Intermediate Municipal Strategy

Something to keep in mind is - FED vs State - taxes...
I have the Vanguard version - https://investor.vanguard.com/mutual-fu ... view/vwitx
but discovered last year that I had to add the "federal tax free" amount back into my Illinois State tax return -
by ps56k
Fri Nov 22, 2019 3:40 pm
Forum: Investing - Theory, News & General
Topic: Calvert Impact Capital & Blue Forest Conservation
Replies: 2
Views: 177

Calvert Impact Capital & Blue Forest Conservation

Wonder if anyone has invested with the social impact aspect in mind - as per - Calvert Impact Capital - https://www.calvertimpactcapital.org/invest Was pointed to them from - http://www.blueforestconservation.com Thanks for your interest. At this point, the FRB is only available to institutional, an...
by ps56k
Sat Nov 16, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: New high income job - what about IRAs, etc
Replies: 8
Views: 1653

Re: New high income job - what about IRAs, etc

Just adding this info for how to fix - contributing too much to your Roth IRA - https://www.investopedia.com/articles/retirement/04/042804.asp Excess IRA Contributions If you contributed to a Roth when you made too much to qualify— or if you contributed more than you’re allowed to either IRA— you’ve...
by ps56k
Thu Nov 14, 2019 1:10 pm
Forum: Investing - Theory, News & General
Topic: New high income job - what about IRAs, etc
Replies: 8
Views: 1653

Re: New high income job - what about IRAs, etc

BTW - what happens if he contribs the max to his Vanguard Roth IRA at the beginning of the year as usual, but then, due to his new job AND next year having MFJ dual income to handle, they go over the Roth IRA income threshold of around $200k - What then - with respect to the Roth IRA contribution fr...
by ps56k
Wed Nov 06, 2019 8:01 pm
Forum: Investing - Theory, News & General
Topic: New high income job - what about IRAs, etc
Replies: 8
Views: 1653

Re: New high income job - wat about IRAs, etc

He should certainly do the backdoor Roth. If he has any pre-tax accounts, he may want to convert them to Roth before starting his real job. Any capital gains, he may want to take as well. I had only setup the Vanguard Roth IRA account. Guess we will have to wait and see next year - and setup a T-IR...
by ps56k
Fri Oct 25, 2019 7:01 pm
Forum: Investing - Theory, News & General
Topic: New high income job - what about IRAs, etc
Replies: 8
Views: 1653

New high income job - what about IRAs, etc

Our son is ... finishing his PhD, and will be starting a high paying research job in the spring 2020, and also getting married. I had setup a Vanguard Roth IRA for him several years ago - but after next year, his MFJ income will probably be above the line. So, guessing a contribution to a Traditiona...
by ps56k
Thu Oct 17, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: Bank of America declares 'the end of the 60-40' standard portfolio
Replies: 88
Views: 15437

BOA suggests the end of the 60/40 split

[Merged here — moderator oldcomputerguy]

Interesting article - if you are looking at bonds for various reasons,
are those reasons still valid - short & long term

https://www.marketwatch.com/story/bank- ... 2019-10-15
by ps56k
Sat Sep 14, 2019 12:42 pm
Forum: Investing - Theory, News & General
Topic: Where to keep IRA 5498 forms - taxes folder or IRA folder
Replies: 7
Views: 428

Where to keep IRA 5498 forms - taxes folder or IRA folder

I keep a file folder for each year of taxes.
I also have a file folder for each of our IRAs.
So... where should the IRA 5498 form reside...
with the implied year of taxes, or the overall IRA account history
by ps56k
Fri Aug 23, 2019 3:48 pm
Forum: Investing - Theory, News & General
Topic: "Converting Vanguard Mutual Funds To ETFs"
Replies: 29
Views: 3989

Re: "Converting Vanguard Mutual Funds To ETFs"

Just ran across this concept over on the Quicken forum - didn't even know about the conversion feature. My overall question would be - WHY - Beside the ER, what about Cap Gains - I'd have to look at the 1099 to see if the Vanguard MF had any CG reported. If not for the ER or the potential CG - Why b...
by ps56k
Sat Jul 20, 2019 4:33 pm
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 91
Views: 15593

Re: Edward Jones trap

my sister went with fidelity active management. over $7,000 a year for that. they have her in 17 funds with high ERs. thousands per year for that. I was wondering and asked way above - how some of the other companies charge - ala - Fidelity, Schwab, Chase, Vanguard - They all have some form of acti...
by ps56k
Tue Jul 16, 2019 5:23 pm
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 91
Views: 15593

Re: Edward Jones trap

These - https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore-ebook/dp/B00JUV01RW and https://www.amazon.com/Bogleheads-Guide-Three-Fund-Portfolio-Outperforms-ebook/dp/B07DH1QYJK https://images-na.ssl-images-amazon.com/images/I/51hIN5N4BlL._SY346_.jpg https://images-na.ssl-images-amazon....
by ps56k
Tue Jul 16, 2019 5:12 pm
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 91
Views: 15593

Re: Edward Jones trap

Just to wander slightly off topic .... I think it has been mentioned that some of the Edward/Jones fees may involve - - a $4.95 trading fee + a 1% fee on the same trade ... is that correct ? - a 1.3% fee on AUM... guessing that some holdings are in their "managed accounts" and some are not ? - anyth...
by ps56k
Tue Jul 16, 2019 5:01 pm
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 91
Views: 15593

Re: Edward Jones trap

I am now facing this situation with our son... Over the years I had setup a Schwab brokerage account for him - as a toddler - and then aged out to normal status. It was mostly kid stocks, and then later on added some vanilla ETFs like VTI and other segments. Just recently setup a Vanguard Roth IRA -...
by ps56k
Fri May 24, 2019 11:46 am
Forum: Investing - Theory, News & General
Topic: How to buy specifc bonds on - Schwab, Fidelity, Vanguard
Replies: 3
Views: 413

How to buy specifc bonds on - Schwab, Fidelity, Vanguard

This topic came up in the Quicken forum - buying individual corp bonds - I haven't done this, and wanted to find out the logistics. So - the bond being discussed was - FORD - # 345370BY5 With a normal Schwab, Fidelity, or Vanguard brokerage account, how do you actually find, select, and enter the pu...
by ps56k
Fri May 03, 2019 2:41 pm
Forum: Non-US Investing
Topic: What is a NOTIONAL or PHANTOM Distribution [Canada]
Replies: 2
Views: 434

What is a NOTIONAL or PHANTOM Distribution [Canada]

This came up over on the Quicken user forum - and I've never run across the term or concept... What is a Notional or Phantom Distribution ? and if it does generate a cash payout or additional shares, then where or how is it represented ? --- A phantom distribution (or reinvested capital gain distrib...
by ps56k
Fri Mar 15, 2019 4:29 pm
Forum: Investing - Theory, News & General
Topic: Savings Bonds - how to keep track of them
Replies: 17
Views: 1829

Re: Savings Bonds - how to keep track of them

just looked - and we have about 33 of the EE bonds for our son.... he's in his late 20's now -
SO.... it's easier to find all the paper records (bonds in a folder) if we are not around,
not so sure with any of the Cloud stuff
by ps56k
Fri Mar 15, 2019 2:43 pm
Forum: Investing - Theory, News & General
Topic: Savings Bonds - how to keep track of them
Replies: 17
Views: 1829

Savings Bonds - how to keep track of them

Have lots of EE bonds from when our son was growing up. Have a genereal question about how folks are handling EE bonds, keeping track of inventory - holding vs cashing in - Was using the Savings Bonds Wizard desktop software program to keep the inventory of EE bonds. https://www.treasurydirect.gov/i...
by ps56k
Fri Mar 01, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: Transfer brokerage mutual fund - shares or value
Replies: 3
Views: 257

Re: Transfer brokerage mutual fund - shares or value

Thanks for the replies.... After several of us on the Quicken Forum pointing out the scenario being wrong.... the OP finally asked their broker & received the correct details. Sorry - for the bother - ---- Just got off the phone with Broker 1 (Janus). According to them, they had to convert my Janus ...
by ps56k
Fri Mar 01, 2019 1:01 pm
Forum: Investing - Theory, News & General
Topic: Transfer brokerage mutual fund - shares or value
Replies: 3
Views: 257

Transfer brokerage mutual fund - shares or value

This was posted over on the Quicken online forum - and just thought I would ask here..... as I've never seen this happen - It doesn't seem possible, or even correct - It almost seems like a "position" was transferred - like a "sell" and then a "buy" - vs a real "transfer" Any thought or comments I c...
by ps56k
Mon Feb 25, 2019 1:27 pm
Forum: Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 135
Views: 18307

Re: Divs and Cap Gains are killing me

Your 2019 plan. If you do nothing, then you can assume you will be in a higher tax bracket in 2019+. (Tax brackets were reworked in 2018, will revert in 10 years. So nothing significant expected to change for 10 years.) Option. You can use the higher tax bracket to sell now---create LTCG instead of...
by ps56k
Sun Feb 24, 2019 5:45 pm
Forum: Personal Investments
Topic: Divs and Cap Gains are killing me
Replies: 135
Views: 18307

Re: Divs and Cap Gains are killing me

Just updating - after 2018 year end and seeing 1099 for Cap Gains - Same issues, didn't sell or change anything - but got bumped up in tax bracket. Largest CG generators... Vanguard Windsor ----- CG $27,074 - Div $7,722 T.Rowe New Horizons - CG $15,974 - Div $2,500 Choices - - Sell some of each, as ...
by ps56k
Fri Feb 22, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: Does investing actually help a company ?
Replies: 46
Views: 3208

Does investing actually help a company ?

I came across this question with some dinner friends - and didn't really know how to answer.... or maybe even ask the question. I've always bought stocks of companies that I wanted to help or be part of their biz and growth. The question was - when you buy a stock, does it really do anything for the...
by ps56k
Fri Feb 22, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Form 8960 (Net Investment Income Tax)
Replies: 10
Views: 3966

Re: Form 8960 (Net Investment Income Tax)

just stumbled into this NIIT as per TurboTax - first time -
SO.... looks like I'll have to be more aware of investment income over the $250k threshhold -
by ps56k
Thu Feb 21, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Income Annuity (QLAC) No Free Lunch
Replies: 5
Views: 1609

Re: Deferred Income Annuity (QLAC) No Free Lunch

Glad I stumbled across this topic.... My problem is my Cap Gains from my investments, and it will get worse in the near future due to RMDs. Have started slicing a little from T-IRA and doing the Roth Conversion, but again, this will get taxed as normal income. So - I have my investments generating C...
by ps56k
Wed Feb 20, 2019 4:49 pm
Forum: Personal Investments
Topic: Roth IRA conversion - reversing the thinking
Replies: 9
Views: 1132

Re: Roth IRA conversion - reversing the thinking

What paperwork are you posting about? You put your numbers into tax prep software and it spits out a Form 8606 with all you need. I think there is a flaw in the TurboTax handling of the 8606 - which is only triggered by a contribution in THAT year. It appears if you skip a year, or don't make a non...
by ps56k
Wed Feb 20, 2019 4:20 pm
Forum: Personal Investments
Topic: Roth IRA conversion - reversing the thinking
Replies: 9
Views: 1132

Re: Roth IRA conversion - reversing the thinking

tnx - yeah, I can do the percentage split and all that - my basic Q&A - is what if I change my mind before April 15th of this year - What are the logistics of putting back the $10k - and basically making the Roth $0 - and closing it out - I already have the issue of the Roth Conversion being taxed a...
by ps56k
Wed Feb 20, 2019 3:41 pm
Forum: Personal Investments
Topic: Roth IRA conversion - reversing the thinking
Replies: 9
Views: 1132

Roth IRA conversion - reversing the thinking

We have the usual Traditional IRA at Fidelity - that contains both deductible and non-deductible contributions. I was thinking of how a Roth IRA might be better in the long run - with regard to not withdrawing future RMDs after 70, and the amount balances being tax free in the distant future.... SO....
by ps56k
Mon Feb 04, 2019 7:38 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA limits vs $200k AGI
Replies: 4
Views: 587

Roth IRA limits vs $200k AGI

I guess I hadn't noticed this.... there is a AGI limit for contributing to a Roth IRA. I had setup a Vanguard Roth IRA for our son - just a simple Target Date fund. Anyway, he and his girlfriend may be moving up the income ladder, after being a PhD grad student at Caltech. If they get married, and f...
by ps56k
Thu Jan 24, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: IRA - Target Date fund - too much International equity
Replies: 17
Views: 1836

IRA - Target Date fund - too much International equity

I had setup a Roth IRA for our millenial son - using the Target Date fund of 2050 - VFIFX - https://investor.vanguard.com/mutual-funds/profile/portfolio/vfifx The overall asset allocation is 90/10 - but wondering if the international equity side is too heavy for these Target Date funds ? Vanguard To...
by ps56k
Fri Dec 07, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Building ownership + Sched E
Replies: 0
Views: 199

Building ownership + Sched E

My wife and her siblings inheirited a commercial building from their parents. The commercial building has tenants that pay monthly rent. Over the years, the building has required a lot of maint and repair. Currently, it has a 2018 set of number.... - Income = $98,000 - Expense = $43,000 Total Balanc...
by ps56k
Thu Nov 29, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: 2nd marriages - any debt or credit implications
Replies: 4
Views: 671

Re: 2nd marriages - any debt or credit implications

Not a lawyer. In most cases and in most states, I believe..... I guess I'm thinking of the pending wedding, and what financial baggage he might be dragging into the relationship. So, not looking into the future - just near term - after the I DO - how might his financial debt become my friends debt ...
by ps56k
Thu Nov 29, 2018 7:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 225
Views: 21681

Vanguard - new Admiral $3,000 index funds

[Thread merged into here, see below. --admin LadyGeek] just received this notice - so... it's $3,000 Admiral - or nothing ? - if the Investor Shares go away - BTW - all of my Vanguard holdings are Admiral... https://investornews.vanguard/our-index-funds-changed-investing-forever-now-were-making-the...
by ps56k
Thu Nov 29, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: 2nd marriages - any debt or credit implications
Replies: 4
Views: 671

2nd marriages - any debt or credit implications

Just wondering on this topic - A friend is getting re-married, and was just wondering about all the debt implications from getting married (in general). She is good - has a nice house, a firm mortage - handles her money ok - does not have any credit card issues or other outstanding debt. Now - her s...
by ps56k
Mon Nov 26, 2018 12:09 am
Forum: Personal Investments
Topic: Quicken vs Fidelity IRA - cost basis wrong
Replies: 7
Views: 717

Quicken vs Fidelity IRA - cost basis wrong

I've been thinking about a Roth Conversation from our existing Fidelity Traditional IRA. I went to look at the implied taxes based upon the Cost Basis - and stumbled into a problem... I use Quicken for everything - and never noticed any issues - as I check the market value + share balances against t...
by ps56k
Sun Nov 18, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: DFA Dimensional Fund Advisors - compared
Replies: 11
Views: 1529

Re: DFA Dimensional Fund Advisors - compared

Comparison to Schwab's Fundamental Indexes Feb 2008-Oct 2018 (since inception) CAGR: DFA 5.81% SCHWAB 6.49% Thanks for the numbers and the link to the Portfolio Analyzer - pretty nice tool - https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=...
by ps56k
Sun Nov 18, 2018 11:44 pm
Forum: Investing - Theory, News & General
Topic: DFA Dimensional Fund Advisors - compared
Replies: 11
Views: 1529

Re: DFA Dimensional Fund Advisors - compared

DFA also has Core funds and tax managed value funds that VG does not have. This is significant for the taxable investor. I think it’s fair to say that historically DFA funds have proven worthy of their higher expense ratios. Of course overwhelmingly, how a DFA fund will compare to its corresponding...
by ps56k
Sun Nov 18, 2018 6:03 pm
Forum: Investing - Theory, News & General
Topic: DFA Dimensional Fund Advisors - compared
Replies: 11
Views: 1529

DFA Dimensional Fund Advisors - compared

I recently ran across this article about DFA - Dimensional Fund Advisors - https://www.ifa.com/articles/dimensional_fund_advisors_deeper_look_performance/ Some friends from work - the partners - have invested with these folks. I didn't fully grasp some of the very specific details, but did find two ...
by ps56k
Sat Nov 10, 2018 3:59 pm
Forum: Personal Investments
Topic: Vanguard Index Fund Admiral Shares Question
Replies: 25
Views: 3242

Re: Vanguard Index Fund Admiral Shares Question

Are you just curious - or thinking about what to actually do with some large sum - or just any amount you may have ..... The problem with your Q&A - is that going totally into 100% stocks (either fund) will potentially cause you some grief along the way..... Asset Allocation - If you are asking and ...
by ps56k
Sat Nov 10, 2018 3:55 pm
Forum: Personal Investments
Topic: Portfolio Checkup - for the first time
Replies: 8
Views: 1269

Re: Portfolio Checkup - for the first time

I would agree with some basic comments.... You can't go back and add to retirement plans after the year (April) has passed... So - take advantage of them each and every year - forced savings - Increase the emergency cash fund. Any debt is just that - debt that can and should be paid off - but not to...
by ps56k
Wed Oct 24, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: In what order should I read these books?
Replies: 42
Views: 8630

Re: In what order should I read these books?

If I was to get one of the classic YACHTS books - which one should I grab ?

Image - Image
by ps56k
Wed Oct 24, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 48
Views: 5856

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

After today's Dow DROP of 600 - I may not have to address any future Asset Class rebalancing -
by ps56k
Wed Oct 24, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 48
Views: 5856

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

For taxable, I go with VWIUX (TTM is 2.9%) and the highest CDs I can find. On CDs, I usually read KevinM's contributions before I buy. I think that I can beat treasuries with CDs. I had a CD ladder going at ALLY ... but was concerned about the unwinding of QE - and the interest rate increases. So.....
by ps56k
Wed Oct 24, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 48
Views: 5856

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

How do you gauge your fixed assets or cash assets and their returns compared to say..... the 10-year with the 10-year showing .... about 3 % Ignoring the SEC yield listing - and looking at actual monthly returns... Do you stay with these widespread types of holdings, or migrate to purely the US Trea...
by ps56k
Sat Oct 20, 2018 7:22 pm
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 48
Views: 5856

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

Bonds are for safety. Be very careful about looking only at "yield." This is because "higher yield" nearly always means "higher risk." More money has been lost by investors seeking "higher yield" than has been lost at the point of a gun. -- Raymond DeVoe Yes - I only really have those 2 bond funds ...