Search found 5509 matches

by rkhusky
Sat Oct 20, 2018 7:51 am
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 14
Views: 2116

Re: Set it and forget it

Lax67 wrote:
Fri Oct 19, 2018 4:10 pm
Target Date Fund. All I do is check my balance periodically, feed it, and watch it grow. Simplicity at its best.
+1
by rkhusky
Sat Oct 20, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Help me understand
Replies: 16
Views: 1561

Re: Help me understand

I didn't have time to look it up but there is a formula on can tell you how long it takes for an increase in interest rate to actually be good for someone that holds bonds. Theoretically, one would need to wait the average duration of a fund before you are better off with an interest rate increase....
by rkhusky
Sat Oct 20, 2018 7:13 am
Forum: Investing - Help with Personal Investments
Topic: Is my IRA underperforming?
Replies: 10
Views: 814

Re: Is my IRA underperforming?

It appears that your current portfolio is about 74% stocks and 26% bonds and cash. If you are comfortable with that asset allocation (stock/bond ratio) and want to ditch an advisor, I would suggest the Vanguard 2035 Target Retirement fund, which is currently at 78% stocks and 22% bonds (78/22) or th...
by rkhusky
Sat Oct 20, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting Vxus (total intern.) question
Replies: 6
Views: 680

Re: Tax loss harvesting Vxus (total intern.) question

am wrote:
Fri Oct 19, 2018 11:19 pm
Thanks. Does vea and vwo include small caps to the same extent as Vxus?
Yes.
by rkhusky
Sat Oct 20, 2018 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Wife Roth IRA
Replies: 2
Views: 303

Re: Wife Roth IRA

My income is fairly strong and so as a family we do not quality for a regular IRA. Since she does not have a retirement plan at work, the MAGI limit is $189K to either deduct a Traditional IRA or directly contribute to a Roth IRA. As mentioned above, both of you can contribute via the two-step Back...
by rkhusky
Fri Oct 19, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Wash Sale: FSTVX -> ITOT
Replies: 4
Views: 447

Re: Avoiding Wash Sale: FSTVX -> ITOT

All one can say is that “substantially identical“ is less identical than “identical”, but more identical than “similar”.
by rkhusky
Fri Oct 19, 2018 9:40 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 37
Views: 3626

Re: Total Bond Market Fund - interest rates rising!

If you need the money in the next couple of years, buy a CD. If you won't need the money for 5+ years, Total Bond is likely to provide a higher return.
by rkhusky
Fri Oct 19, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand
Replies: 16
Views: 1561

Re: Help me understand

When the Federal Reserve signals that they are done raising rates, then consider bond funds again. Has the Federal Reserve ever signaled that they will never raise rates again? Or even signaled that they will not raise rates for a year or two? Not sure if they've ever made projections that far out,...
by rkhusky
Fri Oct 19, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Capital Loss, confirming how to file 1040
Replies: 9
Views: 472

Re: Capital Loss, confirming how to file 1040

blueman457 wrote:
Fri Oct 19, 2018 1:28 pm
1. Does that reduce my taxable income by $1500?
It would first be applied to reduce capital gains, then, if there is any left, it would be applied against income.
by rkhusky
Fri Oct 19, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand
Replies: 16
Views: 1561

Re: Help me understand

McGilicutty wrote:
Fri Oct 19, 2018 9:17 am
When the Federal Reserve signals that they are done raising rates, then consider bond funds again.
Has the Federal Reserve ever signaled that they will never raise rates again? Or even signaled that they will not raise rates for a year or two?
by rkhusky
Fri Oct 19, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: What if your risk tolerance is lower than what's best for your portfolio?
Replies: 40
Views: 2615

Re: What if your risk tolerance is lower than what's best for your portfolio?

Note that Vanguard's Target Retirement series glide to a terminal 30/70 portfolio, so choosing that ratio is perfectly sensible, especially with a portfolio that is 35x expenses.
by rkhusky
Fri Oct 19, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting Vxus (total intern.) question
Replies: 6
Views: 680

Re: Tax loss harvesting Vxus (total intern.) question

So are you saying that 80% vea and 20% Vwo would equal Vxus? Approximately. According to Morningstar, VSUX has approximately 17% in emerging markets, but they count emerging markets differently than Vanguard. Also, if I simply sell Vxus and add to my vea and Vwo positions, would this trigger a wash...
by rkhusky
Fri Oct 19, 2018 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross Basic or Standard for Knee Surgery
Replies: 8
Views: 881

Re: Federal Blue Cross Basic or Standard for Knee Surgery

I would also look and see what each plans limits are for PT appointments. YOu're going to want multiple physical therapy appoints a week for several weeks at least and then many many more after that. And since physical therapy can have the biggest impact on well you recover I would not want to be l...
by rkhusky
Thu Oct 18, 2018 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity ZERO funds
Replies: 3
Views: 813

Re: Fidelity ZERO funds

Or, if you are not already wed to Fidelity, you could use Vanguard's Total Stock Market (VTSAX) and Total International (VTIAX), because they have the the tax advantages of ETF's while still being mutual funds. The Vanguard funds would cost you about $16/yr in expense ratio versus the zero ER Fideli...
by rkhusky
Thu Oct 18, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: "Breaking" a CD: On a Specific Date ??
Replies: 12
Views: 761

Re: "Breaking" a CD: On a Specific Date ??

I guess that different institutions have varied penalties for breaking CDs of similar maturities? Do some institutions claw back principal as well as interest if a CD is "broken"? Yes. If the penalty is 6 months of interest and you break the CD after 3 months, they will take 3 months of interest ou...
by rkhusky
Thu Oct 18, 2018 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Does Lifestrategy make sense in Roth IRA's
Replies: 26
Views: 3084

Re: Does Lifestrategy make sense in Roth IRA

If bonds have fallen in price and stocks have increased (for example), you’d ideally want to sell only stocks for your withdrawal. If you sell shares of an all-in-one-fund, you inevitably sell some bonds. The rebalancing isn’t the core issue. Rebalancing is the core issue, because before you sold t...
by rkhusky
Thu Oct 18, 2018 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Roth IRA: Hitting mutual fund limits at the beginning
Replies: 16
Views: 1222

Re: Investing in Roth IRA: Hitting mutual fund limits at the beginning

What is your 401K invested in? The most commonly recommended approach here is to look at all of your assets as a single porfolio as opposed to treating each account separately. For example, you may just use standard total market funds in your 401K and then use your Roth IRA for the tilts. +1 You do...
by rkhusky
Thu Oct 18, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Is there a benefit of investing in Traditional IRA if company provides 401K
Replies: 23
Views: 1711

Re: Is there a benefit of investing in Traditional IRA if company provides 401K

Once you convert the Traditional IRA to Roth IRA, can you continue contributing to it for the upcoming years or is this just a one time thing? You can contribute to either. Next year you can use the same Traditional and Roth accounts to do a backdoor Roth again. If your income drops sufficiently, y...
by rkhusky
Wed Oct 17, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Wash sale question: selling new and old shares
Replies: 9
Views: 287

Re: Wash sale question: selling new and old shares

Apologies for replying to mown thread. USAA says that if I sell the lot I bought 4 Oct 18, it is a wash sale, so no offset of ST gains if I sell more. Guess I will just wait until 6 November and sell then. So, you bought shares on Oct 4 and Oct 5? Typo, sorry, just 5 Oct 18. If today you sell all t...
by rkhusky
Wed Oct 17, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Wash sale question: selling new and old shares
Replies: 9
Views: 287

Re: Wash sale question: selling new and old shares

corn18 wrote:
Wed Oct 17, 2018 11:32 am
Apologies for replying to mown thread.

USAA says that if I sell the lot I bought 4 Oct 18, it is a wash sale, so no offset of ST gains if I sell more.

Guess I will just wait until 6 November and sell then.
So, you bought shares on Oct 4 and Oct 5?
by rkhusky
Wed Oct 17, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Wash sale question: selling new and old shares
Replies: 9
Views: 287

Re: Wash sale question: selling new and old shares

I bought FSTVX (FIDELITY TOTAL MKT INDEX PREMIUM CLASS) on 5 Oct 2018 that has a short term loss. I also bought some in Feb of this year that has a short term gain. I need to sell FSTVX to fund a downpayment. If I sell the lot I bought on 5 Oct (<30 days) and the lot I bought in Feb 2018, will the ...
by rkhusky
Wed Oct 17, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Am I hitting the important asset classes?
Replies: 9
Views: 929

Re: Am I hitting the important asset classes?

My main concern is if my fund allocation is either missing something I should be covering or if I'm in funds that appear to be diversified but are really overlapping :| Vanguard Total Stock Market has pretty much all the US stocks. Vanguard Total International has pretty much all the International ...
by rkhusky
Wed Oct 17, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard screws up rollover from TSP
Replies: 28
Views: 2482

Re: Vanguard screws up rollover from TSP

My rollover from TSP to Vanguard went smoothly, but it was all Traditional. I only sent Vanguard the one page from the TSP package that they had to fill out and had them send it back to me (they FedEx'd it back). Instead of my Rollover account number, they entered an identity code specific to my rol...
by rkhusky
Wed Oct 17, 2018 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Help me understand
Replies: 16
Views: 1561

Re: Help me understand

We look at bonds and see a loss year to date. Don't base investing decisions on short term results. You need to take the long view. Bond funds make money. Take a look at a total return chart for FSITX like http://performance.morningstar.com/fund/performance-return.action?t=FSITX Bonds are higher ri...
by rkhusky
Wed Oct 17, 2018 6:07 am
Forum: Investing - Help with Personal Investments
Topic: When to TLH?
Replies: 11
Views: 1177

Re: When to TLH?

28fe6 wrote:
Tue Oct 16, 2018 10:28 pm
If I'm in the 12% bracket, and thus LTCG exempt, can I still TLH?
Sure. If you don't have any LTCG this year then you can use the losses to offset $3K in income.
by rkhusky
Tue Oct 16, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting question
Replies: 19
Views: 1449

Re: Tax loss harvesting question

Gamma Ray wrote:
Tue Oct 16, 2018 12:43 am
On 9/19 I bought VOO
Today 10/17, VOO is down, can I sell it and get VTI, or do I have to keep it 30 days before I can sell?
Today is 10/16.

Did you buy on 9/17 or 9/19?
by rkhusky
Tue Oct 16, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5386

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

2. Money in checking and savings have a way of disappearing & it might not be there for a year If one has trouble with spending, then locking the money in a CD would be useful. I agree that getting in the habit of saving is important, but jumping into stock investing before you have a good savings ...
by rkhusky
Tue Oct 16, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Does Lifestrategy make sense in Roth IRA's
Replies: 26
Views: 3084

Re: Does Lifestrategy make sense in Roth IRA's

She said: "Even though I love target-date funds for accumulators,” says Christine Benz, director of personal finance at Morningstar, “most all-in-one funds are suboptimal when it comes to retirement withdrawals because the investor doesn’t have discretion over where those withdrawals come from.” Th...
by rkhusky
Tue Oct 16, 2018 6:50 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5386

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

A $3k initial minimum investment for almost all funds at Vanguard is a significant hurdle for the median U.S. household or individual. As noted above, the TR funds have a $1000 minimum, which is what beginners should start with anyway. Why wait till 1k? If I only have 500$ to put in my Roth IRA at ...
by rkhusky
Tue Oct 16, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 4867

Re: Is it worth filing FAFSA even if you know you'll get nothing?

They already do, you put it into the FAFSA form, which they just distributed to each of the 10 colleges that you picked. They also got a copy of most of that info from the iRS.. So now you can worry about the IRS systems, the FAFSA systems, and the college systems.. But given that all of this info,...
by rkhusky
Mon Oct 15, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: First time TLH Questions, constrained by spouse's work
Replies: 17
Views: 1330

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

You have a wash sale if you buy from 30 days before the sale to 30 days after the sale. You would permanently lose the loss for the number of shares that you bought with the dividends, but could claim the loss for the other shares. If you sell all the shares purchased with the dividends before doing...
by rkhusky
Mon Oct 15, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5386

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

ruralavalon wrote:
Mon Oct 15, 2018 10:42 am

A $3k initial minimum investment for almost all funds at Vanguard is a significant hurdle for the median U.S. household or individual.
As noted above, the TR funds have a $1000 minimum, which is what beginners should start with anyway.
by rkhusky
Mon Oct 15, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Maturing out of Target 2015 fund
Replies: 8
Views: 892

Re: Maturing out of Target 2015 fund

Actually, the TR funds transition to TR Income 7 years after their target date.
by rkhusky
Mon Oct 15, 2018 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 4867

Re: Is it worth filing FAFSA even if you know you'll get nothing?

The only drawback I saw was that one college he applied to but didn't attend had their database hacked. Son and parents were sent a letter and free credit reporting. I don't see why colleges need access to the raw data. It wouldn't be so bad if the Education Department held the raw data and just se...
by rkhusky
Mon Oct 15, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5386

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

I would too, except for that bond component. Even Target 2065 (VLXVX) has 10% bonds. Recommending any allocation of bonds to a 20-something with 35-40+ years to retirement is a disservice. I don't agree. Everyone should have some bonds for a well-rounded portfolio. And a 10% allocation bonds is not...
by rkhusky
Mon Oct 15, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Doing my own taxes?
Replies: 13
Views: 1382

Re: Doing my own taxes?

I know there is a lot of discussion on the board about the different programs and I'm curious if each new year's tax programs allow you to file for previous years. For example, would Turbo Tax for 2018 tax year allow me to do my 2017 taxes as a "test" to see how it compares with what my accountant ...
by rkhusky
Sat Oct 13, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Get rid of my Roth IRA?
Replies: 30
Views: 1879

Re: Get rid of my Roth IRA?

Just leave it as is. While the penalty and taxes to withdraw would be small, why pay them? If you roll over the tIRA to the new 401k, you could then do the Backdoor Roth. Or your situation could change where you can begin to contribute to the Roth.
by rkhusky
Sat Oct 13, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: Do 529 and DAF count for wash sales
Replies: 6
Views: 458

Re: Do 529 and DAF count for wash sales

I stand corrected on the DAF. I thought that the donor had more control, but they are just an "advisor" to the fund. While the manager of the fund generally respects the donor's wishes regarding the investments within the fund and which charities get outlays, they are not required to do so.
by rkhusky
Sat Oct 13, 2018 1:59 pm
Forum: Investing - Theory, News & General
Topic: Do 529 and DAF count for wash sales
Replies: 6
Views: 458

Re: Do 529 and DAF count for wash sales

HSA, 401K, 403b, etc.: Intent may be the same as IRA and Roth IRA but not called out. If the IRS wanted these accounts to apply they would have stated so clearly but have chosen not to. On the other hand, the only ruling on the issue only addressed IRA's and specifically said that nothing beyond th...
by rkhusky
Sat Oct 13, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 4867

Re: Is it worth filing FAFSA even if you know you'll get nothing?

Do colleges get access to all FAFSA information or just the EFC?
by rkhusky
Sat Oct 13, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Do 529 and DAF count for wash sales
Replies: 6
Views: 458

Re: Do 529 and DAF count for wash sales

The IRS says this: A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days before or after the sale you: 1. Buy substantially identical stock or securities, 2. Acquire substantially identical stock or securities in a fully taxable trade, 3. Acquire a contract or op...
by rkhusky
Sat Oct 13, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on a large Roth conversion if we have a 30-40% correction.
Replies: 22
Views: 2334

Re: Opinions on a large Roth conversion if we have a 30-40% correction.

Vanguard has a recent paper out that you (and others considering Roth conversions) may be interested in. Along with words, it has graphical representations of some of these concepts, which I often find helps my understanding. Figure 2 shows the effects of the tax drag in a taxable account. This can...
by rkhusky
Sat Oct 13, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on a large Roth conversion if we have a 30-40% correction.
Replies: 22
Views: 2334

Re: Opinions on a large Roth conversion if we have a 30-40% correction.

Thanks for your explanation. For my situation, the difference is that I would be using taxable cash to pay taxes so waiting for correction to do large conversion would decrease my tax bill. I am assuming that your asset allocation remains the same during the process. If you use cash to pay taxes an...
by rkhusky
Sat Oct 13, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Which bond holding in Taxable?
Replies: 7
Views: 361

Re: Which bond holding in Taxable?

InvestorNewbie2016 wrote:
Sat Oct 13, 2018 7:43 am
Thanks! Something like VFITX? I have not held any treasuries so far.
More like VMFXX. The duration of VFITX is not suitable for a short term investment.

If you want to take a bit of risk to chase higher yield (2.60%: 1.98% after fed/state tax), try Short-Term Treasury (VFISX).
by rkhusky
Sat Oct 13, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Which bond holding in Taxable?
Replies: 7
Views: 361

Re: Which bond holding in Taxable?

VWITX is not really appropriate for a short term investment. You should plan to hold it for 5+ years.

Prime MM (VMMXX) has an SEC yield of 2.16% (1.64% after 24% tax).
by rkhusky
Sat Oct 13, 2018 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on a large Roth conversion if we have a 30-40% correction.
Replies: 22
Views: 2334

Re: Opinions on a large Roth conversion if we have a 30-40% correction.

If I have 1000 shares of s&p 500 etf worth 200k and market goes down so it is worth 140k or less, it would seem to be a good time to transfer the shares to my Roth account and pay the tax and then have the shares in Roth account for eventual market recovery. The money that you would pay the taxes w...
by rkhusky
Sat Oct 13, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 5386

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

I agree, it's unfortunate that Vanguard generally imposes that $3,000 hurdle to get started. It's important to get started invested and to develop good investing habits. (Yes, at least there's the $500 min on the STAR fund still?) The Vanguard Target Retirement funds start at a $1000 and that is wh...
by rkhusky
Fri Oct 12, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 4867

Re: Is it worth filing FAFSA even if you know you'll get nothing?

Do you also have to submit your past tax forms with the FAFSA form?
by rkhusky
Fri Oct 12, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on a large Roth conversion if we have a 30-40% correction.
Replies: 22
Views: 2334

Re: Opinions on a large Roth conversion if we have a 30-40% correction.

Option 1: 5 years ago the market was at X and you performed your conversion, which cost you $1000 in taxes. Yay. Option 2: You did not do this because you chose to invest the $1000. The market goes up and then crashes back down to X. You decide to withdraw the taxable assets, which have now grown t...
by rkhusky
Fri Oct 12, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Spousal Benefit Amount
Replies: 19
Views: 1417

Re: Calculating Spousal Benefit Amount

Can an older spouse claim there SS at FRA and the when the higher earning spouse files at FRA move up to 1/2 of the higher earners SS. Or do they have to wait till the younger spouse files? My wife is 15 months older and will receive more if she takes 1/2 of mine. Under the new rules you can't clai...