Search found 4352 matches

by dratkinson
Tue Nov 20, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: My Name is Paul, and I am a Larimore Boglehead
Replies: 6
Views: 1632

Re: My Name is Paul, and I am a Larimore Boglehead

Hello, Paul. Thank your for your testimony. I've appreciated your sharing over the years.
by dratkinson
Tue Nov 20, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Old new investor just woke up needs to catch up
Replies: 14
Views: 1102

Re: Old new investor just woke up needs to catch up

After you pay off your consumer debt, and max all your tax-advantaged retirement plans, then can begin taxable investing. Taxable investing is just like tax-advantaged investing---shoot for the highest risk-adjusted return while minimizing costs (loads, fees, taxes)---only you must pay more attentio...
by dratkinson
Mon Nov 19, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: timing muni bond fund sale to maximize tax benefits
Replies: 14
Views: 857

Re: timing muni bond fund sale to maximize tax benefits

Since you've owned BMBX for a while, you know this answer. When your tax-exempt dividends are paid, does the NAV drop the next day? --No, then dividends are not embedded in the NAV. You will get prorated dividend whenever you sell. --Yes, then dividends are embedded in the NAV. You will get the divi...
by dratkinson
Sat Nov 17, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Tax lose harvesting bond funds?
Replies: 7
Views: 625

Re: Tax lose harvesting bond funds?

Can tax lose harvesting be done with bond funds? Would changing from intermediate to short term be considered a wash sale? The short answer. An intermediate-term index bond fund and short-term index bond fund follow different indexes, so the funds are not substantial identical. From my offline note...
by dratkinson
Sat Nov 17, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Tax lose harvesting bond funds?
Replies: 7
Views: 625

Re: Tax lose harvesting bond funds?

Muni bond TLHing, the short answer on holding period. --Monthly accrual, monthly paid. Must hold shares >half year to protect TE dividends. --Daily accrual, monthly paid. >half year holding period does not apply. From my offline notes: "Daily-accrual" muni fund. A daily-accrual muni fund (not ETF) i...
by dratkinson
Sat Nov 17, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: 37 year old requests assistance with questions at end.
Replies: 8
Views: 1322

Re: 37 year old requests assistance with questions at end.

... Legacy Employer His 401k (of the total portfolio this is 29%) $7.50 book keeping fee a quarter ... Questions: Should I move my 401k from my legacy employer to my new employer? I have to pay $40 annual for new employer 401k. Is it a major cost to leave my legacy 401k as it is? Should I move it t...
by dratkinson
Sat Nov 17, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Daily Market Alerts
Replies: 4
Views: 578

Re: Vanguard Daily Market Alerts

Believe most consider the daily market moves to only noise so should be ignored. The only information we need is the state of our asset allocation (AA) when we have new money to invest, so we can rebalance back to our target AA. Curious. Do you use the daily alerts to trigger transactions? Or is thi...
by dratkinson
Sat Nov 17, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 57
Views: 3122

Re: which snow blower ?

I believe most electric snowthrowers* limit cord length to 100', so your 120' driveway may be too far to use an electric. * Snowthrower = single stage. Snowblower = two-stage, second being an impeller. I believe a snowthrower works better with wet snow because the discharge path is straighter---fewe...
by dratkinson
Sat Nov 17, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Disclosure: My Colorado muni bond fund: WTCOX.
Replies: 7
Views: 1589

My first TLH of WTCOX.

Reminder. WTCOX is a monthly accrual IT Colorado municipal bond fund. I TLHed covered shares of this fund 7-9 Nov. I was worried about how it would play out. Why? --Westcore Funds (a small fund family) had recently merged into Segall Bryant & Hammill Funds (another small fund family), both now doing...
by dratkinson
Fri Nov 16, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 9993

Re: My Edward Jones IRA is out performing my Vanguard 401K

Thank you everyone for the replies. I finally got a chance catch up with my EJ advisor (we just had a new born baby so been busy!). Here is what he said: ...With Guided Solutions, .. Of course if the index is the best performing asset is that asset class, we will use that index (and typically Index...
by dratkinson
Thu Nov 15, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: Lexus NX vs RX
Replies: 10
Views: 1086

Re: Lexus NX vs RX

More pothole resistant: steel, smaller wheel, high-profile tire. Less pothole resistant: aluminum, larger wheel, low-profile tire. Have been next-vehicle shopping recently and wanting a 15" steel wheel running a high-profile tire---like what's currently on my '90 Montero. Never lost a wheel or tire ...
by dratkinson
Tue Nov 13, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to deposit cash in online account with no local branch
Replies: 45
Views: 4630

Re: How to deposit cash in online account with no local branch

I bank with Schwab and do not have a local bank account. When I receive large amounts of cash I just buy a money order from Western Union in the grocery store. It only costs a few dollars and you can take a picture of the money order and deposit it just like a check. I find paying this small fee is...
by dratkinson
Mon Nov 12, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: Worth fixing a 30-year-old Maytag dryer?
Replies: 66
Views: 12914

Re: Worth fixing a 30-year-old Maytag dryer?

Even if you don't do anything else, be sure to replace the hoses to the washing machine if you have not replaced them in the last ten years or so. These get brittle and if they break while you are not home then they can cause major water damage. This is a good recommendation for everyone. Even bett...
by dratkinson
Sat Nov 10, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bond funds and Capital Gains
Replies: 11
Views: 1132

Re: Muni Bond funds and Capital Gains

All bond funds can distribute capital gains generated from internal fund operation. It's not a common occurrence, but also not uncommon. A capital event (gain/loss) is generated when the fund sells an individual bond for less/more than they paid for it. I believe this only happens when a bond is sol...
by dratkinson
Sat Nov 10, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4841

Re: Doing taxes by hand

I have used Free Fillable Forms for the past several years. I like that it does much of the math for me but otherwise it is exactly like doing it with pencil & paper, but I can still efile. ... I've used freefile s/w (fed, state, efile) the past few years and like OLT, it seems to offer the most le...
by dratkinson
Wed Nov 07, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to deposit cash in online account with no local branch
Replies: 45
Views: 4630

Re: How to deposit cash in online account with no local branch

CUs have more shared branch locations that banks. So I use a local B&M CU that is part of the CU co-op network. (It's like walking into Wells Fargo and being able to access your accounts at Chase, Citi, and BofA.) Account inactivity and escheatment. --Account inactivity (fees) was a problem for me i...
by dratkinson
Sat Nov 03, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-efficient fund placement
Replies: 8
Views: 778

Re: Tax-efficient fund placement

Tried a few "bond" thing over the years. --CDs. No purchase limit, lower yield, taxable. --Safe bonds in tax advantaged. Purchase limit, low-yield, low-growth, boring. --Savings bonds. Purchase limit, low-yield, fed taxable, low state tax benefit, another account to manage. --Munis. No purchase limi...
by dratkinson
Sat Nov 03, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: Buying a mini-van
Replies: 25
Views: 1807

Re: Buying a mini-van

While researching mini-vans, be sure to include the Honda Pilot. While it's listed as an SUV, it test drove more like a very quiet comfortable car.
by dratkinson
Sat Nov 03, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help a new guy!
Replies: 21
Views: 1684

Re: Help a new guy!

Partial answer. Just starting out, maxing your savings rate is more important than hitting your exact AA (asset allocation: stock/bond ratio). Using an all-in-one fund in your tax-advantaged space (IRA, 401k, his, hers) offers some advantages. --Gets your desired stock/bond AA now so simpler to mana...
by dratkinson
Fri Nov 02, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Can I have my SS deposited directly into a Vanguard MM fund?
Replies: 7
Views: 1187

Re: Can I have my SS deposited directly into a Vanguard MM fund?

Yes. I do. Used the same Vanguard bank routing information I used to set up a DD from my employer. As mine is a Vanguard mutual fund account, not a brokerage account, my DD is to tax-exempt mmkt. I'm guessing that your mutual fund account has checking associated with it, hence the routing and accou...
by dratkinson
Fri Nov 02, 2018 2:36 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting date calcuator
Replies: 3
Views: 440

Re: Tax loss harvesting date calcuator

If I wish to tax loss harvest a VEU purchase made 10/1/18... Family accounts. Does your information include all family accounts? I ask because a recent poster lost a TLH because his wife purchased the same fund recently enough in her account to trigger the replacement shares/wash sale issue when he...
by dratkinson
Fri Nov 02, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Panic set in... now what?
Replies: 63
Views: 10954

Re: Panic set in... now what?

Food for thought. You may find these (public library) books to be helpful. -- The Boglehead's Guide to Retirement Planning . -- How to Make Your Money Last , Jane Bryant Quinn. Data points. --Need a mix of stock/bonds to survive the pressure of retirement withdrawals. --A 4% SWR (safe withdrawal rat...
by dratkinson
Fri Nov 02, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Panic set in... now what?
Replies: 63
Views: 10954

Re: Panic set in... now what?

#1. Stop listening to market news. That stuff is a killer of nerve. #2. Right-size your investments. We can help you do that. You've lived long enough to know the market will do what it will do. You also know that over the long term the market goes up. So bailing out of the market now may be more ri...
by dratkinson
Fri Nov 02, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Can I have my SS deposited directly into a Vanguard MM fund?
Replies: 7
Views: 1187

Re: Can I have my SS deposited directly into a Vanguard MM fund?

Yes.

I do. Used the same Vanguard bank routing information I used to set up a DD from my employer. As mine is a Vanguard mutual fund account, not a brokerage account, my DD is to tax-exempt mmkt.
by dratkinson
Thu Nov 01, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Turnover effect on Dividend Yields Taxes
Replies: 2
Views: 234

Re: Turnover effect on Dividend Yields Taxes

My faulty memory recalls our preferred taxable holdings should have a turnover rate of <25%. Avoiding STCG (short-term capital gains) and increasing the opportunity to receive QDI (qualified dividend income) are probably the reasons. Once a fund turns over 100%/yr, then any gains would seem to be ST...
by dratkinson
Tue Oct 30, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: "The long term...."
Replies: 10
Views: 1383

Re: "The long term...."

The recommended vehicles and time horizons for saving for goals is:
0-5 yrs: insured savings.
>5 yrs: safe bond funds.
>10 yrs: safe stock funds.

So long term could be as short a 10 years.
by dratkinson
Mon Oct 29, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Emergency Fund as Part of Bond Portfolio? What fund to use?
Replies: 4
Views: 691

Re: Emergency Fund as Part of Bond Portfolio? What fund to use?

Also see next, plus its internal links. "Are you too wealthy for a LIQUID emergency fund?": viewtopic.php?f=10&t=262554
by dratkinson
Sat Oct 27, 2018 6:41 pm
Forum: Investing - Theory, News & General
Topic: Emergency Fund as Part of Bond Portfolio? What fund to use?
Replies: 4
Views: 691

Re: Emergency Fund as Part of Bond Portfolio? What fund to use?

Enough. The senior BHs say, "When we have enough, then we don't need a dedicated EF because all of our investments become our EF." I've embraced this advice. A few year back I got on a kick to simplify my life while reaching for additional yield; I believed I could tolerate the additional risk. I n...
by dratkinson
Sat Oct 27, 2018 2:53 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7172

Re: How many miles (total) on car before buying another car ?

Protective tech. If protective tech is your #1 priority, then should replace every year to get new protective tech or better implementations of older protective tech. Theft protection. Do what you can, add after-market anti-theft tech if you must, and let insurance cover the rest. Fuel economy. You ...
by dratkinson
Thu Oct 25, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Wash sale with TLH
Replies: 9
Views: 510

Re: Wash sale with TLH

If Vanguard knows. If Vanguard knows about both taxable accounts, they'll take care of adjusting the cost basis of wife's purchase. It's your choice whether/when you sell wife's shares---now or later---as Vanguard does the remembering for you. If Vanguards doesn't know. If Vanguard does not know ab...
by dratkinson
Wed Oct 24, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Corporate vs Muni default rate
Replies: 3
Views: 447

Re: Corporate vs Muni default rate

I used this reference a few years back while researching single-state muni funds.
Bond credit rating: https://en.wikipedia.org/wiki/Bond_credit_rating
by dratkinson
Wed Oct 24, 2018 5:22 am
Forum: Personal Finance (Not Investing)
Topic: ESPP purchase doesn't add up
Replies: 12
Views: 879

Re: ESPP purchase doesn't add up

Not a seasoned investor. No experience with to ESPP. Tax on sale. I looked at my 2016 1099B (most recent) and see box 4 is for any Fed Tax Withheld. Tax on purchase. But how is an ESPP discount taxed and reported on a purchase? See: http://www.google.com/search?q=How+is+ESPP+discount+taxed%3F+W-2 Ab...
by dratkinson
Tue Oct 23, 2018 3:11 am
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 9993

Re: My Edward Jones IRA is out performing my Vanguard 401K

Example: VTSAX (Vanguard total US stock market index, $10K min investment for Admiral shares) has distributed 100% QDI (qualified dividend income, previously taxed at corporate rate) for the past several years. Not to nitpick, but this is not actually true. My 2016 and 2017 1099-DIV's show VTSAX pa...
by dratkinson
Mon Oct 22, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 9993

Re: My Edward Jones IRA is out performing my Vanguard 401K

BH My Edward Jones IRA is out performing my Vanguard 401K Congratulations. You are the only person I’ve seen come here who was happy with their EJ investments. :) Just wanted to emphasize two points, and provide two additional avenues to investigate your IRA investments. From articpinapplecorp two p...
by dratkinson
Sun Oct 21, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Headlamp for dog walking
Replies: 32
Views: 2340

Re: Headlamp for dog walking

You don't need much light to walk at night when your eyes are dark-adapted---a full moon is sufficient. And lower power = longer runtime. I was given a Petzl Tikkina as a gift several years back. --Then: ~5 & ~20 lumen modes, 3xAAA batteries last a long time, ~$20. Well-rated by outdoorgearlab. --No...
by dratkinson
Sun Oct 21, 2018 7:21 pm
Forum: Personal Consumer Issues
Topic: No power in half the house
Replies: 17
Views: 1681

Re: No power in half the house

Glad OP got problem fixed. Guessing multiple local residents called about same problem so power company suspected common equipment fault. Had an intermittent power problem after moving in. Half the house would temporarily lose power, and then be restored---digital clocks flashing "12:00", UPS alarm ...
by dratkinson
Sun Oct 21, 2018 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Municipal Money Market Fund
Replies: 15
Views: 1462

Re: Municipal Money Market Fund

Might consider the ST muni fund (VWSTX). --Lower annual price fluctuations. --As daily accrual, no IRS 6mo holding period requirement. --As ST bond, no Vanguard frequent trading policy---can withdraw today, deposit tomorrow. --But a 1099B on every withdrawal, so average cost basis might be easiest t...
by dratkinson
Thu Oct 18, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Precious Metals and Mining Fund is changing
Replies: 84
Views: 12388

Re: Vanguard Precious Metals and Mining Fund is changing

Prospectus implied this would be an active fund, so we'll need to wait and see what Wellington Mgmt buys to get a better idea of direction. I have a loss in this fund. Acknowledge the uncertainty and urge to run for the exit. But it's in my play money Roth IRA, so can't TLH. And play money is for th...
by dratkinson
Wed Oct 17, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Wallet-size personal investing handout to jumpstart learning.
Replies: 10
Views: 1179

Re: Wallet-size personal investing handout to jumpstart learning.

... My one concern about your card is that the first two underlined points remind me of those ads: "One scientifically proven trick to get abs of steel that your doctor doesn't want you to know!" In this case it's true, but I think well-adjusted 21st century adults have learned to immediately dismi...
by dratkinson
Wed Oct 17, 2018 3:49 am
Forum: Personal Finance (Not Investing)
Topic: Wallet-size personal investing handout to jumpstart learning.
Replies: 10
Views: 1179

Re: Wallet-size personal investing handout to jumpstart learning.

My old PC doesn't let me print to a PDF file. (It might if I got out the old install CDROM and could find a PDF driver.) And it will not be until next weekend when I'm again at the public library with their better machines. So.... But I do like the idea of having others take a cut at making this a u...
by dratkinson
Tue Oct 16, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Wallet-size personal investing handout to jumpstart learning.
Replies: 10
Views: 1179

Wallet-size personal investing handout to jumpstart learning.

BH Wallet-size personal investing handout to jumpstart learning If you like this idea, feel free to modify it for yourself. In my beginning here, I was so excited by my changed investing success that I told everyone I met. Most seemed to be politely interested, so I don’t know if they did/could foll...
by dratkinson
Tue Oct 16, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Introduction and some questions!
Replies: 13
Views: 1376

Re: Introduction and some questions!

Suggested books. -- The Boglehead's Guide to Retirement Planning . -- How to Make Your Money Last , Jane Bryant Quinn. Most parts will not apply to your situation, skim them so you know they exist. Then read in-depth the parts that do. General advice. Where recommended author agree, that is the cent...
by dratkinson
Tue Oct 16, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1409

Re: First time TLH Questions, constrained by spouse's work

If you sell all the shares purchased with the dividends before doing the TLH, you would avoid the wash sale. I believe this is incorrect. Works in taxable because you’re selling the replacement shares and thus realizing the “disallowed” loss that would have been added to their cost basis anyway. Do...
by dratkinson
Mon Oct 15, 2018 11:06 pm
Forum: Personal Consumer Issues
Topic: What the heck is growing in my yard?
Replies: 71
Views: 5948

Re: What the heck is growing in my yard?

Only deer I every got was with a 327 (in '62 Chevy Impala). Forester BIL harvested it after calling the police. Cost me a headlight and trim ring. Think I eventually ate some of that deer.


Waste not, want not. After you eat the inside out of roadkill, can turn the outside into carrion luggage.
by dratkinson
Mon Oct 15, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1409

Re: First time TLH Questions, constrained by spouse's work

... If you sell all the shares purchased with the dividends before doing the TLH, you would avoid the wash sale. I thought about that. But didn't know how it would work. Why? The TA accounts are probably set up to use average cost basis, ...so how would OP target the sale to specific share lots---t...
by dratkinson
Mon Oct 15, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1409

Re: First time TLH Questions, constrained by spouse's work

BH First time TLH Questions, constrained by spouse's work The short answer. --Every purchase (new money, reinvested distributions) results in replacement shares. --Every replacement share results in a wash sale when paired with a TLH (31-day window, plus/minus). --To reduce wash sale potential, own ...
by dratkinson
Sun Oct 14, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: 56-year-old beginning the Boglehead journey - portfolio & tax efficiency questions
Replies: 7
Views: 1082

Re: 56-year-old beginning the Boglehead journey - tax efficiency question

BH 56-year-old beginning the Boglehead journey - tax efficiency question Everything affects everything. You shouldn’t make any change without considering everything. So instead of trying to piecemeal your solution---asking one question at a time---it's a more efficient use of your time to tackle eve...
by dratkinson
Sat Oct 13, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Gas Fireplaces
Replies: 22
Views: 1697

Re: Gas Fireplaces

Product manual. You'll need to read closely to determine if the unit will fit your application. All seem to be laid out a little different, so the information you seek may be buried in different sections. If it does not specifically say it will work for your application, then don't trust that it wil...
by dratkinson
Sat Oct 13, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Gas Fireplaces
Replies: 22
Views: 1697

Re: Gas Fireplaces

BH Gas Fireplaces Interesting to read what others have done. OP’s issues. Check the manufacturer's product manual carefully to understand unit’s capabilities. --Ensure it says it will work during a power outage. --Determine if control is for flame height (doesn’t control room temperature), or is a t...
by dratkinson
Sat Oct 13, 2018 6:48 am
Forum: Investing - Theory, News & General
Topic: Is EMH a tautology?
Replies: 108
Views: 4901

Re: Is EMH a tautology?

BH Is EMH a tautology EMH's scientific value. I don't have the background to dis/prove it. And reading discussions of deep theory (strong, weak, semi-strong) soon make my head hurt. As an average investor, I need simple action steps to execute. EMH's personal value. It offers an explanation for why ...