Search found 5491 matches

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: 262

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: 262

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: 262

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: 878

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: 27
Views: 2214

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: 4
Views: 474

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: 1140

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: 14
Views: 922

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: 5291

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: 22
Views: 2308

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: 5291

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: 4829

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: 1295

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: 5291

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: 876

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: 4829

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: 5291

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: 1369

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: 1863

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: 449

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: 449

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: 4829

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: 449

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: 2315

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: 2315

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: 357

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: 357

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: 2315

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: 5291

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: 4829

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: 2315

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: 1410

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...
by rkhusky
Fri Oct 12, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Spousal Benefit Amount
Replies: 19
Views: 1410

Re: Calculating Spousal Benefit Amount

Hi, We are in a similar boat with planning as I am about two years older than my spouse who is the primary earner in our family so I need to educate myself on Spousal SS rules as well :happy Hopefully this will be helpful to you: https://www.ssa.gov/planners/retire/applying6.html Looking at this si...
by rkhusky
Fri Oct 12, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Unfortunate Near Real-Time Test of Sequence of Returns Risk v Probability of Retirement Success
Replies: 19
Views: 1734

Re: Unfortunate Near Real-Time Test of Sequence of Returns Risk v Probability of Retirement Success

I don't like to use "probability of retirement success" for these types of models. I prefer something that more accurately reflects what the model is doing. For example, for models that use real investment returns from the past, I prefer "fraction of past successful time periods". Most of these mode...
by rkhusky
Fri Oct 12, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: To Roth IRA or Not
Replies: 13
Views: 978

Re: To ROTH IRA or Not

Maximize all retirement accounts, if possible, before taxable investing. If your income is too high to directly contribute to a Roth IRA, you can use the two-step Backdoor Roth method (only problem is if you have a large Traditional (non-Roth) IRA).
by rkhusky
Fri Oct 12, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting help
Replies: 4
Views: 426

Re: Tax loss harvesting help

Also, don't forget to turn off reinvest dividends and instead choose to receive dividend as cash payment. If you don't and you receive a dividend payment (reinvested) within 30 days in the same fund you sold, you will have lost the ability to have tax loss harvested because reinvested dividends in ...
by rkhusky
Fri Oct 12, 2018 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Wash Sale?
Replies: 15
Views: 725

Re: Wash Sale?

The automatic dividend reinvestment in ANY accounts - taxable and retirement - can trigger wash sales. In fact, even trading activity in a spouse’s account can trigger a wash sale in your account. Something to be aware of. Only if you have substantially identical funds in both taxable and retiremen...
by rkhusky
Fri Oct 12, 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: 2315

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

Suppose you are in essentially the same tax bracket now as you were 5 years ago. What was the Traditional vs Roth decision back then? Suppose the market drops tomorrow to what it was back then. How would tomorrow after the drop be any different than it was 5 years ago? How is an extra 5 years of gr...
by rkhusky
Thu Oct 11, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on a large Roth conversion if we have a 30-40% correction.
Replies: 22
Views: 2315

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

The state of the market has no bearing on whether to do a conversion or not. It is the same Traditional vs Roth analysis. It depends on the tax rate you are paying now versus what you will pay when withdrawing in retirement. Since it appears that you would pay taxes out of a taxable account, the ana...
by rkhusky
Thu Oct 11, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3524

Re: Diversifying with a zero-correlation, zero-return volatile asset

The answer, it turns out, is "none of the above". I'm not sure if the answers were intentionally designed this way, or if they turned out that way due to a misunderstanding about what "diversification" means (hint: has nothing to do with risk-adjusted return). a) is false because the coin flip DOES...
by rkhusky
Thu Oct 11, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Wash Sale?
Replies: 15
Views: 725

Re: Wash Sale?

+1 for only the number of shares equal to the the number purchased by the dividend in the IRA are washed out. All other shares can be used to reduce capital gains or income. But OP is right that the value of the washed shares are gone for good since the replacement shares were purchased inside an IR...
by rkhusky
Thu Oct 11, 2018 7:49 am
Forum: Personal Consumer Issues
Topic: What GDPR compliant email do you use?
Replies: 11
Views: 885

Re: What GDPR compliant email do you use?

... I looked at ProtonMail, but couldn't think of anyone I would send an encrypted email to. Those with whom I email probably wouldn't know how to set up their client to handle encrypted email... FWIW, protonmail works just like any other email. If you send email to another protonmail user it's aut...
by rkhusky
Thu Oct 11, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Potential “tax wash” Roth conversions during big market drops?
Replies: 11
Views: 955

Re: Potential “tax wash” Roth conversions during big market drops?

If you are paying 22% to do a Roth conversion, the only way to come out ahead is if your marginal rate when withdrawing from your tIRA would be greater than 22%. It doesn't matter what the market had done or will do. (caveat - if you are maxing all tax advantaged accounts, then you come out ahead if...
by rkhusky
Wed Oct 10, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3524

Re: Diversifying with a zero-correlation, zero-return volatile asset

I choose (b) no effect, especially in the limit that the portfolio value is much greater than the size of the bet. If you consider the two portfolios in combination, then there is no real effect from moving money back and forth between the two portfolios. The effect on the two players is symmetric, ...
by rkhusky
Wed Oct 10, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3524

Re: Diversifying with a zero-correlation, zero-return volatile asset

in the OP, there was no mention of rebalancing. in the clarification post, the rebalancing refers to within the 60-40 split, performed monthly. this is why I specifically stated that the investor had to choose and set aside an amount, at the outset, sufficient to cover the back and forth payments f...
by rkhusky
Wed Oct 10, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: What GDPR compliant email do you use?
Replies: 11
Views: 885

Re: What GDPR compliant email do you use?

... I looked at ProtonMail, but couldn't think of anyone I would send an encrypted email to. Those with whom I email probably wouldn't know how to set up their client to handle encrypted email... FWIW, protonmail works just like any other email. If you send email to another protonmail user it's aut...
by rkhusky
Wed Oct 10, 2018 11:13 am
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3524

Re: Diversifying with a zero-correlation, zero-return volatile asset

there is no rebalancing between the "coin flip asset" and the rest of your portfolio, so it is as simple as saying you are setting aside a certain amount of cash ($5,000, $10,000, or whatever you think is sufficient to cover a really bad run at coin flips, i guess this is a personal decision based ...
by rkhusky
Wed Oct 10, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: What GDPR compliant email do you use?
Replies: 11
Views: 885

Re: What GDPR compliant email do you use?

Fastmail also appears to be GDPR compliant. I have found it be flexible and easy to use. I looked at ProtonMail, but couldn't think of anyone I would send an encrypted email to. Those with whom I email probably wouldn't know how to set up their client to handle encrypted email. Will Vanguard or othe...
by rkhusky
Wed Oct 10, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance Now, Sell Stock Next Year Due to Tax Consequences
Replies: 13
Views: 1269

Re: Rebalance Now, Sell Stock Next Year Due to Tax Consequences

For tax year 2018 I have sold enough domestic stock out of a taxable account so that all of the capital gains will not be taxed at the Federal level, and will only be taxed at the state rate (at 7%). For my learnings, how are you able to avoid federal capital gains taxes? Here are the 2018 Federal ...
by rkhusky
Wed Oct 10, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs others
Replies: 27
Views: 1832

Re: Vanguard vs others

Vanguard's mutual funds are more tax efficient because of their patented linking of mutual funds and ETF's. Their ETF's are not necessarily more tax efficient than other firms. Tax efficiency is only important for taxable accounts, not IRA's, 401k's, etc. Adding another firm into the mix adds comple...