Search found 7289 matches

by bertilak
Tue May 26, 2020 3:10 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 28
Views: 1221

Re: New TVs with built-in Roku

If you are someone who wants the latest and greatest, sure go ahead and get a super expensive TV and hook up a $99 Roku Ultra. If you just want an okay TV with Roku functionality, you can get a 50" TCL HD Roku TV on sale for $180. If I'm paying $180 for a TV I don't care if the Roku functionality d...
by bertilak
Tue May 26, 2020 3:04 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 28
Views: 1221

Re: New TVs with built-in Roku

For years some streaming apps were built in various tvs, dvrs (tivo, verizon) and dvd players (if anyone still uses them). I've always found the streaming apps to be better from an external source (Roku, Firestick, etc.). They seem more fully featured, more reliable, etc. Personally I'd rather have...
by bertilak
Tue May 26, 2020 2:10 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 28
Views: 1221

Re: New TVs with built-in Roku

dru808 wrote:
Tue May 26, 2020 2:05 pm
not sure why you’d want to bypass to use your own external one.
Several reasons given above by me and others.
by bertilak
Tue May 26, 2020 11:48 am
Forum: Personal Investments
Topic: [Is an Investment Policy Statement needed? How do I write one?]
Replies: 13
Views: 176

Re: [Is an Investment Policy Statement needed? How do I write one?]

I wrote my ISP with a target audience in mind: Anyone who takes over responsibility for managing our investments. Table of Contents: Contacts (Estate Attorney, CPA, Vanguard) Purpose of this Document "This document gives guidance to anyone who has taken on the responsibility of managing our investme...
by bertilak
Mon May 25, 2020 6:29 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 28
Views: 1221

Re: New TVs with built-in Roku

You can bypass, though I am not sure why one would want to. Well in 5 years when the Rooku in your TV isn't powerful enough to run the new stuff, you want to upgrade. TV screens are probably good for 10-15 years these days. I wouldn't bet on any of the apps my TV comes with lasting that long. That'...
by bertilak
Mon May 25, 2020 5:34 pm
Forum: Personal Consumer Issues
Topic: New TVs with built-in Roku
Replies: 28
Views: 1221

New TVs with built-in Roku

Anyone have one of these?

Can you ignore the built-in Roku and use your own? Any reason to do this or not to do this?

Just wondering. No immediate plan to buy but I like to keep up with the current state of the art.
by bertilak
Mon May 25, 2020 10:15 am
Forum: Personal Investments
Topic: Why Vanguard Seems to Be Pushing Us Towards ETFs?
Replies: 25
Views: 2520

Re: Why Vanguard Seems to Be Pushing Us Towards ETFs?

I prefer ETF's. When I buy or sell a security, I want to know the price. This works for me just fine. I occasionally gift (in kind) MF shares to my kids and grandkids. I try to stay under $15K but it is a bit of a crap shoot because you just don't know at what price the transfers will occur. Would ...
by bertilak
Mon May 25, 2020 9:54 am
Forum: Personal Investments
Topic: Is Vanguard's Personal Advisor Service Worth It???
Replies: 62
Views: 4698

Re: Is Vanguard's Personal Advisor Service Worth It???

standard7 wrote:
Fri May 22, 2020 12:38 pm
Like many people, managing investments is not something that she would enjoy.
Enjoying it can be even more dangerous!
by bertilak
Sun May 24, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: Owning Top Stocks in Each Sector?
Replies: 19
Views: 897

Re: Owning Top Stocks in Each Sector?

bck63 wrote:
Sun May 24, 2020 9:51 am
I feel compelled to go from simple to complicated (my current sole equity holding is the S&P 500).
The compulsion towards complexity is common, even if (usually) misguided. That is why there is the maxim to "keep it simple." If there was no urge to the opposite, we wouldn't need to be reminded.
by bertilak
Sun May 24, 2020 9:50 am
Forum: Investing - Theory, News & General
Topic: Taxable Account - a Swiss Army Knife for Savers
Replies: 33
Views: 4608

Re: Taxable Account - a Swiss Army Knife for Savers

As a retiree, my preferences of where I want my money to BE is as follows:

BEST: Roth IRA
BETTER: Taxable account
(not so) GOOD: Traditional IRA

Everything in a ROTH is mine, tax free.
I only pay taxes on gains in a taxable account.
I pay max tax on everything taken out of a traditional IRA.
by bertilak
Sun May 24, 2020 9:41 am
Forum: Investing - Theory, News & General
Topic: Owning Top Stocks in Each Sector?
Replies: 19
Views: 897

Re: Owning Top Stocks in Each Sector?

bck63 wrote:
Sun May 24, 2020 9:37 am
bertilak wrote:
Sun May 24, 2020 9:37 am
Define "top stock."
Oh yeah. By market weight. Thanks! Edited above.
So you would use market weight to define "top stock" but ignore it when investing?

(Actually I should have asked about defining "top company.")
by bertilak
Sun May 24, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: Owning Top Stocks in Each Sector?
Replies: 19
Views: 897

Re: Owning Top Stocks in Each Sector?

Define "top stock."
by bertilak
Sun May 24, 2020 9:34 am
Forum: Personal Investments
Topic: Which ETF should i choose from the big list of Vanguard ETF's?
Replies: 19
Views: 1333

Re: Which ETF should i choose from the big list of Vanguard ETF's?

thank you all for the responses I didn't read all the responses but the question seems a little "cart before the horse" to me. FIRST figure out what asset classes you want THEN pick the ETFs (or regular mutual funds -- whatever is available) to cover those asset classes. There won't be so many to c...
by bertilak
Sun May 24, 2020 9:21 am
Forum: Personal Consumer Issues
Topic: Del Webb 55+ communities?
Replies: 24
Views: 3532

Re: Del Webb 55+ communities?

We looked at Del Webb about 13 years ago. Although it was very nice we were not quite ready to give up on at least a one-acre lot and the ability to have a house built to our specifications. I would check on the pet angle; I don't remember if there were any restrictions. If those things are not a co...
by bertilak
Sun May 24, 2020 5:39 am
Forum: Investing - Theory, News & General
Topic: Another couple of TLH wash sale questions -- sorry!
Replies: 17
Views: 816

Re: Another couple of TLH wash sale questions -- sorry!

IndexCore wrote:
Sun May 24, 2020 3:38 am
bertilak wrote:
Fri May 22, 2020 3:39 pm
... That $808 is immediately invested in a very similar ABC
Did you mean to use the IRS term "substantially identical"(*) here?
No. I was being careful NOT to use that terminology.
by bertilak
Sat May 23, 2020 6:02 am
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 61
Views: 4360

Re: NJ property taxes too high. What are my alternative states?

Our cousin, works elder law, says whatever ya do, don't die in NJ. Why can't you die in NJ? As far as I can tell there is no estate tax in NJ. Is there another reason? NJ estate tax was recently repealed but their 11%-16% inheritance tax is still in effect. It is retroactive to gifts up to three ye...
by bertilak
Sat May 23, 2020 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Any easy way to check accuracy of Amazon credit card bill?
Replies: 9
Views: 825

Re: Any easy way to check accuracy of Amazon credit card bill?

rolandtorres wrote:
Fri May 22, 2020 10:26 pm
You can download a detailed item-level spreadsheet of your Amazon purchases to check.

https://www.amazon.com/gp/b2b/reports/
How did you find that? When I look at Amazon I cannot find a link to that page.
by bertilak
Sat May 23, 2020 5:34 am
Forum: Personal Consumer Issues
Topic: NJ property taxes too high. What are my alternative states?
Replies: 61
Views: 4360

Re: NJ property taxes too high. What are my alternative states?

Wife and I live in a colonial, 4BR, 2.5bath house in south Jersey. Property taxes are 8K yr. Want some downsizing but simply because of taxes. Our daughter, hubby and our 2 grandchildren (now teens) live within 4 miles- that's kind of a big anchor. We're very family oriented. Youngest daughter live...
by bertilak
Fri May 22, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: Another couple of TLH wash sale questions -- sorry!
Replies: 17
Views: 816

Re: Another couple of TLH wash sale questions -- sorry!

livesoft wrote:
Fri May 22, 2020 3:53 pm
All the loss. There is no net wash sale here.
Got it. Thanks.
by bertilak
Fri May 22, 2020 3:39 pm
Forum: Investing - Theory, News & General
Topic: Another couple of TLH wash sale questions -- sorry!
Replies: 17
Views: 816

Re: Another couple of TLH wash sale questions -- sorry!

Rather than lose the original $500 loss, it gets added to the cost of the newly bought replacement shares. Instead of costing 500 x $9/share = $4,500... the brokerage will make a wash sale adjustment, and the cost becomes $5,000 for 500 shares. It's as though the sale and replacement were a wash, d...
by bertilak
Fri May 22, 2020 10:37 am
Forum: Investing - Theory, News & General
Topic: Another couple of TLH wash sale questions -- sorry!
Replies: 17
Views: 816

Re: Another couple of TLH wash sale questions -- sorry!

1. Neither. The disallowed loss is the on the same number of shares purchased. This is explicitly described in IRS Publication 550. And the shares with the disallowed loss are the first affected shares by purchase date. The disallowed loss gets applied to the shares that created the wash sale. 2. Y...
by bertilak
Fri May 22, 2020 9:38 am
Forum: Investing - Theory, News & General
Topic: Another couple of TLH wash sale questions -- sorry!
Replies: 17
Views: 816

Another couple of TLH wash sale questions -- sorry!

About that wash rule: If you recently (less than 30 days) had a reinvested dividend does the wash sale disallow TLH for ALL holdings of that asset or just for the amount of the reinvested dividend? If you sell ALL holdings in an asset does that negate any recent (less than 30 days) dividend reinvest...
by bertilak
Thu May 21, 2020 10:15 am
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

nptit wrote:
Thu May 21, 2020 9:53 am
Out of curiosity of how this works. Is the childs account a UTMA account that the gift is going to?
Grandkids are UTMA. Others are not.
by bertilak
Thu May 21, 2020 10:10 am
Forum: Personal Investments
Topic: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?
Replies: 16
Views: 553

Re: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?

Hello, My assets are being transferred from LPL Financial "Traditional IRA Account" to a "Vanguard Traditional IRA brokerage account". When I Set up the transfer through Vanguard it wouldn't allow me to transfer the assets directly into a general investing/individual account for 'tax reasons'. It m...
by bertilak
Thu May 21, 2020 9:48 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11363

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

BTW, who's Tepper? Isn't it amazing how someone you (or I) have never heard of can induce such radical and extreme action? It makes you realize how important "turn off the noise" advice is! If you ARE going to listen to the noise I think Baron von Rothschild advice is better: "Buy when there's bloo...
by bertilak
Thu May 21, 2020 6:14 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6183

Re: Alternatives to Craftsman Tools

Harbor Freight is hit or miss. Some of their products are serviceable for at least occasional use. Others are tool-shaped garbage. "Tool-shaped" as opposed to actual, serviceable, tools. That has been my experience. I have an analogy: After World War II ended some Pacific Islanders built airport-sh...
by bertilak
Thu May 21, 2020 5:44 am
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

Go to the account from which you made the gifts. Click on cost basis, then click on "Gifted Shares". You should see the number of shares gifted, the cost basis and the proceeds for each transaction. Thanks! That includes dollar amounts and is a handy summary, if ever I need it. I stuffed the pdfs i...
by bertilak
Wed May 20, 2020 4:59 pm
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

I regularly give cash donations to a non profit but I had considered instead giving shares instead since it seems I could divest some highly appreciated shares without incurring a large capital gain but the receiving non profit can sell without a capital gain tax. Do you know if the process is simi...
by bertilak
Wed May 20, 2020 4:37 pm
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

Look up the share price for transaction date and then annotate the PDF with both the transaction date share price & the gift amount (manually calculated). Then save PDF in your records. I have a spreadsheet for all my investments. It has a log for significant events. I made a note of it there. Actu...
by bertilak
Wed May 20, 2020 4:07 pm
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

Happily, the next day (today) the records showed disappearance of shares from my account and their reappearance in the other accounts. There were no sell transactions recorded. There were also no buy transactions in the destination accounts. No record of any kind documenting the gifted shares? VG m...
by bertilak
Wed May 20, 2020 10:02 am
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

I will be calling Vanguard to effect this transaction and, actually, a total of four nearly identical transactions, tomorrow. I'll report back here. OK, job done -- with help of a call to Vanguard. I am unable to accomplish in-kind gifting via the web page, even to other Vanguard accounts for which...
by bertilak
Tue May 19, 2020 10:02 am
Forum: Personal Investments
Topic: Total world vs total us + international
Replies: 23
Views: 1316

Re: Total world vs total us + international

I hold them separately so I can de-emphasize international, or other way around, emphasize US. My explanation is that I spend in the US so want my returns to more closely track US industry returns. I see international as a hedge.

Probably a simplistic view, but I like it.
by bertilak
Mon May 18, 2020 3:49 pm
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

For gift transfers between Vanguard account, I just called Vanguard and use the voice verification system to execute the order. You need to specify the number of shares (can't specify exact $ amount, so I aim below $15K limit) and specific lots (unless using average cost basis). Takes about 2 days ...
by bertilak
Mon May 18, 2020 3:45 pm
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Re: Simplest way to gift shares at Vanguard

I will be calling Vanguard to effect this transaction and, actually, a total of four nearly identical transactions, tomorrow. I'll report back here.
by bertilak
Mon May 18, 2020 9:58 am
Forum: Personal Investments
Topic: Simplest way to gift shares at Vanguard
Replies: 22
Views: 1164

Simplest way to gift shares at Vanguard

I want to gift shares from my Vanguard account to a child's Vanguard account and I want to get as close as possible, without going over, $15,000. I also want to do so in-kind so any cap gains on the sale of those shares goes on the child's tax. (The child will actually have NO tax due to his non-exi...
by bertilak
Sat May 16, 2020 4:46 pm
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4288

Re: How did you feel after giving notice to retire?

lws wrote:
Sat May 16, 2020 1:27 pm
Good :happy
Me too, for a couple of reasons...
  • I was getting tired of my job and was at the age where any further advancement was not at all likely, so nothing much to look forward to.
  • There is something very satisfying about having made a decision. You can now move on to other things.
by bertilak
Sat May 16, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: Alternatives to Craftsman Tools
Replies: 98
Views: 6183

Re: Alternatives to Craftsman Tools

tm3 wrote:
Sat May 16, 2020 8:07 am
Klein -- or any other made in the USA brand.
Over the past 2 or 3 years I bought a few Kleins. I like them. Great quality.

Their web page says American made since 1857.
by bertilak
Fri May 15, 2020 1:57 pm
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16542

Re: Still using total bond market?

"Still using total bond market" Desert Investor: We have been using Vanguard Total Bond Market since its inception in 1986 -- and are very happy with it. It's worst annual decline was -2.66% in 1994 (it gained +16% in 1995). Vanguard reports that TBM is up +10.86% during the past year compared with...
by bertilak
Fri May 15, 2020 1:34 pm
Forum: Personal Investments
Topic: How to tell how portfolio is doing
Replies: 5
Views: 407

Re: How to tell how portfolio is doing

Hello, is there an easy way to see how your taxable portfolio is performing? As an example, say I have dollar cost average invested a total of $923k into my portfolio from 2/21/2013. The portfolio is currently worth $1.373k as of May 14, 2020 for an unrealized gain of $422k. It is a taxable portfol...
by bertilak
Thu May 14, 2020 8:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard Mutual Fund Platform EOL
Replies: 245
Views: 8552

Re: Vanguard Mutual Fund Platform EOL

My understanding for the brokerage account is that you can have dividends reinvested, sent to your settlement fund, or sent to your outside bank account. However, I don't have a brokerage account, so I may not be exactly correct. Not that last option. My mother lost her automatic path of dividends ...
by bertilak
Wed May 13, 2020 6:16 pm
Forum: Investing - Theory, News & General
Topic: Why is total market weighted index best?
Replies: 61
Views: 4273

Re: Why is total market weighted index best?

The cap weighted portfolio is the market. For you to tilt away from it means that someone else is tilting away from it in the opposite manner. For you to "win" (beat the market) another investor has to lose (underperform the market). Anything other than total market cap weighting is in effect a for...
by bertilak
Tue May 12, 2020 11:07 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1907
Views: 207274

Re: [What TV Show Have You Recently Watched?]

We are watching a British series on Netflix called The Repair Shop. It is such a NICE diversion from the gruel of the current topics in the world. Brits are so polite to one another and I am so glad there are people in this world who are very smart in this way. I'm also glad to see people treasure ...
by bertilak
Sun May 10, 2020 10:29 am
Forum: Personal Consumer Issues
Topic: Scams that make me laugh -- what are you favorites?
Replies: 105
Views: 13867

Re: Scams that make me laugh -- what are you favorites?

I should add: The things sold by Billy Mays were NOT scams. They were genuinely useful products. I was just reminded of his pitches by some of the above comments. Billy Mays was a master salesman making you want things you didn't know you wanted until you saw his commercial! ============= My origina...
by bertilak
Sun May 10, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: New Laptop Recommendations
Replies: 49
Views: 3024

Re: New Laptop Recommendations

I purchased a Lenovo Yoga 2 Pro when they were first released (2013) and I think it is time to upgrade. Specs are an i7-4500 1.8Ghz dual core processor (4 logical), and 8GB RAM. I don't game with it or do anything other than excel, web browsing and media streaming so I don't need anything crazy. I ...
by bertilak
Sun May 10, 2020 9:38 am
Forum: Personal Investments
Topic: Why no love for REITs?
Replies: 102
Views: 8708

Re: Why no love for REITs?

Tilting towards REITs is another word for overweighting them with the emphasis on "over." You don't want to overdo anything unless you have good reasons to believe you will over-benefit from it. No matter what the sector, you can find really good stories (reasons) about that sector explaining why yo...
by bertilak
Sun May 10, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: Event-Driven Bear Markets in U.S. History, 1835-2020
Replies: 26
Views: 2632

Re: Event-Driven Bear Markets in U.S. History, 1835-2020

I think we are suffering from all three types at once. This COVID19 thing is causing a event driven economic and medical panic that is bad but likely to blow over in 1-2 years. But the OIL price war that was started last week is most certainly the beginnings of a big structural change in the world ...
by bertilak
Sun May 10, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: "The economy is in free fall. So why isn't the stock market?"
Replies: 153
Views: 15223

Re: "The economy is in free fall. So why isn't the stock market?"

What's different is that we've been experiencing an "event driven" bear market (caused by a pandemic), as opposed to a hugely overvalued stock market in the 2001 tech crash, and a "structural" bear market in 2008-09 in which the world's financial system was on the brink of collapse. Before the outb...
by bertilak
Sat May 09, 2020 8:57 am
Forum: Personal Investments
Topic: Advice on my current asset allocation portfolio
Replies: 13
Views: 798

Re: Advice on my current asset allocation portfolio

I agree with those who say to simplify. All those little holdings add nothing but complexity, as does the overlap of VTI and VOO. In the long run complexity is expensive and error prone. There are four main asset classes and each can be covered by a single fund. Any variation from this should be don...
by bertilak
Fri May 08, 2020 6:12 pm
Forum: Personal Investments
Topic: Why Make Portfolio Safer (More Bonds) as I age?
Replies: 35
Views: 3047

Re: Why Make Portfolio Safer (More Bonds) as I age?

All those expected return numbers are averages. Even worse, they are averages of estimates. You don't get to claim the average. You only get ONE actual result. Don't let it be a bad one. There are no do-overs or multiple attempts where you get to keep the average (much less the best) result. You onl...
by bertilak
Fri May 08, 2020 9:56 am
Forum: Investing - Theory, News & General
Topic: Why is lump sum investment option better than DCA?
Replies: 156
Views: 5705

Re: Why is lump sum investment option better than DCA?

Why does one solution have to be better than the other, for every investor ? As the Vanguard Research paper that I linked earlier in the topic says, and many here have repeated, there are pros/cons for each approach. The informed investor should understand these and then choose the best approach fo...