Search found 887 matches

by ps56k
Thu Sep 17, 2020 6:13 pm
Forum: Investing - Theory, News & General
Topic: Savings Bonds - how to keep track of them
Replies: 20
Views: 2456

Re: Savings Bonds - how to keep track of them

I'm pretty sure we had to setup an account for our HH bond - required direct deposit -

If I can find the account ID / password -
can I use that exact same account for adding all the remaining 30+ EE bonds ?
by ps56k
Wed Sep 16, 2020 12:44 pm
Forum: Investing - Theory, News & General
Topic: Savings Bonds - how to keep track of them
Replies: 20
Views: 2456

Re: Savings Bonds - how to keep track of them

tnx for the discussion... Our son is out in California, we are in Chicago. Have a stack of about 30 of the $25 EE bonds - bought on his birthday by relatives. So, now we are approaching the 20yr maturing of a bond a year... Still not sure which way on the logistics - A - hold all the paper bonds her...
by ps56k
Tue Aug 25, 2020 2:32 pm
Forum: Investing - Theory, News & General
Topic: Stock split mechanics
Replies: 29
Views: 1654

Re: Stock split mechanics

I also was wondering about why the 2 dates were even mentioned.... sort of like Div and Ex-Div dates and Payout So... maybe just a throw back to the thrilling days of stock certificates - those holding on Aug 24 - will get there extra shares on Aug 31 - and anyone that buys in the middle of those da...
by ps56k
Wed Aug 12, 2020 10:27 am
Forum: Investing - Theory, News & General
Topic: Where to put cash - MM, Sav, CD, Sweep, Muni, Bond
Replies: 11
Views: 2082

Re: Where to put cash - MM, Sav, CD, Sweep, Muni, Bond

Consider maxing out Series I Savings Bonds first. That is where I shifted some funds when interest rates started really falling in March/April. The rate is lower now than it was then, but still over 1% and tax deferred. Looks like I-Bonds have an online max of $10k ? https://www.treasurydirect.gov/...
by ps56k
Sat Aug 01, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: Where to put cash - MM, Sav, CD, Sweep, Muni, Bond
Replies: 11
Views: 2082

Re: Where to put cash - MM, Sav, CD, Sweep, Muni, Bond

With the rates way down again, where or what is the thinking of holding cash. Some of my current holding acct locations.... need to consolidate, but keep some for ongoing payments. - Schwab Sweep from investment transactions .01% - Chase checking .03% - Ally MM .50% - Ally Saving 1.10% - Ally CD (l...
by ps56k
Sat Aug 01, 2020 11:45 am
Forum: Personal Investments
Topic: Fidelity Puritan or Balanced Versus Three Fund Approach
Replies: 23
Views: 2284

Re: Fidelity Puritan or Balanced Versus Three Fund Approach

We used Puritan in our 403b - as not much else was attractive
by ps56k
Tue Jun 23, 2020 4:20 pm
Forum: Investing - Theory, News & General
Topic: Where to put cash - MM, Sav, CD, Sweep, Muni, Bond
Replies: 11
Views: 2082

Where to put cash - MM, Sav, CD, Sweep, Muni, Bond

With the rates way down again, where or what is the thinking of holding cash. Some of my current holding acct locations.... need to consolidate, but keep some for ongoing payments. - Schwab Sweep from investment transactions .01% - Chase checking .03% - Ally MM .50% - Ally Saving 1.10% - Ally CD (la...
by ps56k
Sun Jun 14, 2020 6:16 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Is Combining Two Slumping Value Funds]
Replies: 10
Views: 2123

Re: [Vanguard Is Combining Two Slumping Value Funds]

I've held Windsor forever... probably my first fund -

Now, looking at the perf over the past couple of years, AND thinking about consolidating funds....
does it make sense to still hold this Windsor VWNEX fund
vs just exchanging it all into our Total Stock VTSAX fund ?
by ps56k
Tue May 26, 2020 11:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard - legacy acct --> brokerage acct and mutual funds --> ETF
Replies: 2
Views: 259

Vanguard - legacy acct --> brokerage acct and mutual funds --> ETF

Vanguard has been migrating users from their legacy mutual fund only accts to a Vanguard brokerage account. Received my email.... and it will happen between now and 2022... SO... a 2-part question and discussion. #1 - Any issues when I move from a Vanguard mutual fund only acct ---> Vanguard brokera...
by ps56k
Fri May 15, 2020 1:02 pm
Forum: Personal Investments
Topic: Why hold these funds - EM vs Intl - VWO vs VXUS
Replies: 16
Views: 838

Re: Why hold these funds - EM vs Intl - VWO vs VXUS

I read the Vanguard article, and did subscribe to all the points made... https://www.vanguard.com/pdf/ISGGEB.pdf Just some high level compares.... to help decide... VWO - 97% EM - China 43% - Taiwan 15% Financials 26% - Tech 19% - Consumer 14% Alibaba, Tencent, Taiwan Semi VXUS 39% Europe - 28% Paci...
by ps56k
Thu May 14, 2020 10:31 pm
Forum: Personal Investments
Topic: Why hold these funds - EM vs Intl - VWO vs VXUS
Replies: 16
Views: 838

Re: Why hold these funds - EM vs Intl - VWO vs VXUS

Aaaaaand we're off! It's a very spirited topic around here. oops - sorry - I guess I have seen some more focused discussions, but lately I have been trying to consolidate and clean things up .... around the house and in our portfolio. You know it's getting tough when you have to ask yourself... for...
by ps56k
Thu May 14, 2020 10:19 pm
Forum: Personal Investments
Topic: Why hold these funds - EM vs Intl - VWO vs VXUS
Replies: 16
Views: 838

Why hold these funds - EM vs Intl - VWO vs VXUS

I have held both of these funds for awhile - VWO for EM and VXUS for international. Now I am questioning if and why I should still hold them, or each, or none - VWO has mostly China and Taiwan VXUS has mostly Europe, Pacific, and EM... They have not done well for several years, and now would be TLH ...
by ps56k
Wed May 06, 2020 10:40 pm
Forum: Personal Investments
Topic: Replicating Vanguard Total International Stock Index Fund (VTIAX)
Replies: 19
Views: 1033

Re: Replicating Vanguard Total International Stock Index Fund (VTIAX)

Just wondering why you feel you still need to have an international equity -
which has not performed well these past years -
And most large cap domestic companies have a large portion of their revenue from overseas...

https://investor.vanguard.com/mutual-fu ... ance/vtiax
by ps56k
Wed May 06, 2020 10:32 pm
Forum: Personal Investments
Topic: Help: Rebalance 401K Plan from previous employer
Replies: 12
Views: 534

Re: Help: Rebalance 401K Plan from previous employer

Do you still need/want an international component like VTIAX -
since most of the large cap domestic stocks derive a large percentage from overseas...

https://investor.vanguard.com/mutual-fu ... ance/vtiax
by ps56k
Mon May 04, 2020 5:30 pm
Forum: Personal Investments
Topic: Large Cap vs Total Market??
Replies: 14
Views: 928

Re: Large Cap vs Total Market??

For my IRA - one of the holdings was Fidelity Div Growth (large value) - it has not really done well over the recent years. I'm looking to move all of it to something else..... maybe shift to more conservative with either my 4-in-1 or my Total Bond Currently have - Fidelity IRA - holdings - 4-in-1 F...
by ps56k
Sun Mar 08, 2020 5:38 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on CEF Muni funds like PMO - vs Vanguard
Replies: 6
Views: 531

Re: Thoughts on CEF Muni funds like PMO - vs Vanguard

tnx for the postings -
had not really seen these CEFs mentioned, and was just curious ....
by ps56k
Sat Mar 07, 2020 2:04 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on CEF Muni funds like PMO - vs Vanguard
Replies: 6
Views: 531

Thoughts on CEF Muni funds like PMO - vs Vanguard

Have seen this article and the Closed End Fund - PMO - pop up a couple of times. https://apple.news/AS3WQqmGER2aGD8ExpqrbBg Thoughts on PMO - vs our Vanguard IT and LT Muni funds - https://finance.yahoo.com/quote/pmo/ https://investor.vanguard.com/mutual-funds/profile/overview/vwlux https://investor...
by ps56k
Thu Feb 27, 2020 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare vs IRMAA vs health care coverage
Replies: 37
Views: 2052

Re: Medicare vs IRMAA vs health care coverage

As always - thanks for the discussion and educational notes -
by ps56k
Fri Feb 14, 2020 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare vs IRMAA vs health care coverage
Replies: 37
Views: 2052

Medicare vs IRMAA vs health care coverage

Just wondering..... If you look at the Medicare IRMAA surcharge chart, it gets pretty expensive as your MAGI gets higher. Are you required to take Medicare in retirement ? Basically - can you chose to NOT take Medicare Part B- NOT pay the Medicare premiums + NOT pay the IRMAA - If so, what do you do...
by ps56k
Sat Feb 08, 2020 11:36 pm
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

dratkinson wrote: Sat Feb 08, 2020 6:33 pm ^^^ My bad, confused Windsor with Wellington, didn't double-check.
yeah - I guessed -
thanks for all the details & suggestions - here and also the other thread -
by ps56k
Sat Feb 08, 2020 5:03 pm
Forum: Personal Consumer Issues
Topic: CNBC Nightly Business Report cease production in Dec 2019
Replies: 123
Views: 7755

Re: Nightly Business Report (NBR) Viewers ?

I watched this all the time... from the beginning - with Lynda and Paul - It got bounced around here in the Chicago market on the PBS station WTTW. Finally was pushed onto one of their sub channels and I recorded it for later viewing. Folks have said that you can find all the same info all over the ...
by ps56k
Wed Feb 05, 2020 11:15 pm
Forum: Investing - Theory, News & General
Topic: Muni funds - MM & Bond - vs taxable
Replies: 2
Views: 419

Re: Muni funds - MM & Bond - vs taxable

In your case, you'll discover that you want to remove ALL tax-inefficient funds from your taxable account. Example: --Don’t buy more low-QDI Wellesley, and sell existing to buy TSM, --Don’t buy more taxable bonds, and sell existing to buy munis, --Redirect all distributions from thing you plan to s...
by ps56k
Wed Feb 05, 2020 5:38 pm
Forum: Investing - Theory, News & General
Topic: Muni funds - MM & Bond - vs taxable
Replies: 2
Views: 419

Muni funds - MM & Bond - vs taxable

Just wondering at what point do Muni funds make more sense - vs breakeven - Looking at 24% tax bracket - and using Muni type funds to lessen the Fed AGI... MM - VMSXX Muni MM @ 0.90% and ER .15% ..... eff rate of 0.90% VMMXX Prime MM @ 1.64% and ER .16% ... eff rate of 1.64% minus 24% tax = 1.25% Bo...
by ps56k
Tue Feb 04, 2020 11:46 pm
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

Part II - Ord Divs I had already gone thru my Vanguard 1099 info to see the QDI vs Ord Div - Prime MM - 0% (Option: TE mmkt, VMSXX.) Muni - 0% (Better than it looks because dividends are tax-free.) Total Bond - 0% Total Intl Bond - 0% Wellesley - 32% (QDI diluted by taxable bond dividends.) Total I...
by ps56k
Tue Feb 04, 2020 6:40 pm
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

Don't do things that create more Ord Income - like Roth Conversions. Conversions make sense when your current income is expected to be lower (or same) as your future income. That is why Conversions are recommended for early retirees that are not yet getting SS, Pensions, or IRA distributions. For y...
by ps56k
Tue Feb 04, 2020 5:51 pm
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

It's been interesting over these past several years of this thread - Thanks for all the comments, suggestions, and educational tidbits. Guess I was mentally conditioned to go after stocks with good solid divs - that appears to be ok with QDI - Was also looking at safety and market cushion - so MM an...
by ps56k
Tue Feb 04, 2020 4:16 pm
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

Review Sch B for opportunities to increase tax efficiency and simplicity. Sch B Part 1. I use livesoft's idea to review Sch B and remove all items that produce income reported in Part 1 (taxed as ordinary income). Ideally, every account should report <$10 interest earned. This means reducing/elimin...
by ps56k
Tue Feb 04, 2020 10:20 am
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

Bond fund candidates. While playing with Excel1040, I tested the results of using multiple different recommended bond fund candidates---treasury/corporate/muni, ST/IT/LT, before/after SS---and decided on VWLUX (major retirement holding) and VWIUX (minor holding, last tier of my formal EFs), as prod...
by ps56k
Tue Feb 04, 2020 10:08 am
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

My experience has been actively managed stock funds pay at a rate of about 5x or more of the typical Boglehead strategy of index investing. This means for every 1K in active you might expect returns of 8-10% in active managed or 80-$100. Compared to an index like VTI paying more along lines of 1.8%...
by ps56k
Mon Feb 03, 2020 11:15 pm
Forum: Personal Investments
Topic: Re: Divs and Cap Gains are killing me - personal
Replies: 151
Views: 22238

Re: Divs and Cap Gains are killing me - personal

Just taking my 2020 yearly look at Quicken and TurboTax - and seeing where the income sits on the pie chart. In previous years, and original postings, I was focused on my large Cap Gains - but I may have been wrong.... An accountant friend pointed out that my Cap Gains are taxed at 15% - (with an AG...
by ps56k
Mon Feb 03, 2020 11:11 pm
Forum: Investing - Theory, News & General
Topic: Cap Gains & Divs killed me this year - theory
Replies: 77
Views: 12491

Re: Cap Gains & Divs killed me this year - theory

LadyGeek wrote: Mon Feb 03, 2020 8:37 pm FYI - ps56k is updating his thread from 2015.
Sorry - forgot I had re-posted and continued over in the Personal Investments....
since this discussion became more focused vs general strategy.
by ps56k
Mon Feb 03, 2020 5:26 pm
Forum: Investing - Theory, News & General
Topic: Cap Gains & Divs killed me this year - theory
Replies: 77
Views: 12491

Re: Cap Gains & Divs killed me this year - theory

Just taking my yearly look at Quicken and TurboTax - and seeing where the income sits on the pie chart. In previous years, and original postings, I was focused on my large Cap Gains - but I may have been wrong.... An accountant friend pointed out that my Cap Gains are taxed at 15% - (with an AGI of ...
by ps56k
Tue Jan 07, 2020 5:28 pm
Forum: Investing - Theory, News & General
Topic: Income Is Too High: Does Non-Deductible IRA make sense
Replies: 12
Views: 975

Re: Income Is Too High: Does Non-Deductible IRA make sense

Unless you intend to do a backdoor Roth conversion, it does not make sense. If you make a non-deductible contribution to an IRA, all of the gain from dividends and capital gains will be taxable as ordinary income when you withdraw it. On the other hand, saving and investing in a taxable account wil...
by ps56k
Tue Jan 07, 2020 1:40 pm
Forum: Investing - Theory, News & General
Topic: Income Is Too High: Does Non-Deductible IRA make sense
Replies: 12
Views: 975

Re: Income Is Too High: Does Non-Deductible IRA make sense

I understand the tIRA and Back Door into a Roth IRA -
I guess my real takeawy was....
Does it still make sense to put the $7,000 into an IRA at all,
vs just putting $7,000 into a normal taxable account - with say a Muni fund -
by ps56k
Tue Jan 07, 2020 1:15 pm
Forum: Investing - Theory, News & General
Topic: Income Is Too High: Does Non-Deductible IRA make sense
Replies: 12
Views: 975

Income Is Too High: Does Non-Deductible IRA make sense

Happen to see this article.... Congratulations, Your Income Is Too High: Non-Deductible IRA Contributions and I can't get my simple head around the complex choices. For those with higher incomes, does a Trad IRA still make sense ? https://seekingalpha.com/article/4134620-congratulations-your-income-...
by ps56k
Fri Dec 06, 2019 5:28 pm
Forum: Personal Investments
Topic: Thoughts on - Chevron CVX and Berkshire BRK/B
Replies: 12
Views: 808

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: 222

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: 808

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: 240

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: 1409

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: 503

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: 1899

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: 240

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: 1871

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: 1871

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: 1871

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: 1871

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: 16370

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: 471

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