Search found 1020 matches

by Gemini
Sun Oct 18, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Ark Funds
Replies: 156
Views: 22926

Re: Ark Funds

langlands wrote: Sat Oct 17, 2020 11:07 pm
Gemini wrote: Sat Oct 17, 2020 9:29 pm Can someone explain the tax implications
Of one of these ARK active etfs in a taxable account? If one holds it over a year, and then sells, would it be all long term cap gains?
Yes
Thanks. Is there any difference in holding this in taxable vs let’s say VTi?
by Gemini
Sat Oct 17, 2020 9:37 pm
Forum: Personal Consumer Issues
Topic: Looking for a three row SUV; $90k budget
Replies: 117
Views: 9348

Re: Looking for a three row SUV; $90k budget

Depends on if you actually want to use the third row seat - if so Q7 is out as the third row is horrendous Depends on if you want trunk space with the third row up - this takes out Volvo , Tesla as trunk space takes a HUGE hit with the 3rd row up Depends on if you want the thing to handle like a car...
by Gemini
Sat Oct 17, 2020 9:29 pm
Forum: Investing - Theory, News & General
Topic: Ark Funds
Replies: 156
Views: 22926

Re: Ark Funds

Can someone explain the tax implications
Of one of these ARK active etfs in a taxable account? If one holds it over a year, and then sells, would it be all long term cap gains?
by Gemini
Fri May 01, 2020 9:31 am
Forum: Investing - Theory, News & General
Topic: SCV fund which screens for quality
Replies: 21
Views: 1121

Re: SCV fund which screens for quality

I am not sure why there is confusion about using a quality screen on small or value companies. Just because a company is small or cheaper does not mean it cannot have quality characteristics such as Financial Strength and other quality indicators. Most funds have limited information on how they scr...
by Gemini
Wed Apr 29, 2020 6:40 pm
Forum: Investing - Theory, News & General
Topic: SCV fund which screens for quality
Replies: 21
Views: 1121

Re: SCV fund which screens for quality

I am not sure why there is confusion about using a quality screen on small or value companies. Just because a company is small or cheaper does not mean it cannot have quality characteristics such as Financial Strength and other quality indicators. Most funds have limited information on how they scr...
by Gemini
Wed Apr 29, 2020 3:37 pm
Forum: Investing - Theory, News & General
Topic: SCV fund which screens for quality
Replies: 21
Views: 1121

Re: SCV fund which screens for quality

I am not sure why there is confusion about using a quality screen on small or value companies. Just because a company is small or cheaper does not mean it cannot have quality characteristics such as Financial Strength and other quality indicators. Most funds have limited information on how they scre...
by Gemini
Wed Apr 29, 2020 10:22 am
Forum: Investing - Theory, News & General
Topic: SCV fund which screens for quality
Replies: 21
Views: 1121

Re: SCV fund which screens for quality

Is there additional data on how these funds screen for quality? For example, OFSIX screens for Financial Strength (highly levered companies reliant on external funding), Earnings Quality (companies with non-cash earnings and aggressive accounting), and Earnings Growth (declining free cash flow and p...
by Gemini
Wed Apr 29, 2020 9:32 am
Forum: Investing - Theory, News & General
Topic: SCV fund which screens for quality
Replies: 21
Views: 1121

SCV fund which screens for quality

Usually, small cap stocks are one of the better returning assets after bear markets. However, they are also susceptible to economic shocks and bankruptcy. Ideally, one would want a SCV fund(s) which screens for quality. I cam across a few, but the ERs are not good: OFSIX - ER 0.99% Royce funds - RVT...
by Gemini
Wed Apr 01, 2020 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

Any suggestion on how to set up bill pay to pay rent? I go through the "Add Payee" section, but it does not ask me for account # or ABA ID # for the person to whom the money will be sent. It just asks for name, address, account #
by Gemini
Sat Mar 21, 2020 1:08 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4002
Views: 307026

Re: [Small Cap Value heads Rejoice !!!]

For a taxable account, is there one ETF better than others for SCV? I am leaning towards AVUV. The fear with a new ETF would be capital gains distributions. SLYV is one of the oldest of its trio and up until recently even it distributed some while VIOV/IJS did not. VIOV is probably the safest bet. ...
by Gemini
Sat Mar 21, 2020 10:06 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4002
Views: 307026

Re: [Small Cap Value heads Rejoice !!!]

For a taxable account, is there one ETF better than others for SCV? I am leaning towards AVUV. The fear with a new ETF would be capital gains distributions. SLYV is one of the oldest of its trio and up until recently even it distributed some while VIOV/IJS did not. VIOV is probably the safest bet. ...
by Gemini
Sat Mar 21, 2020 9:20 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4002
Views: 307026

Re: [Small Cap Value heads Rejoice !!!]

For a taxable account, is there one ETF better than others for SCV? I am leaning towards AVUV.
by Gemini
Tue Mar 17, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 4002
Views: 307026

Re: [Small Cap Value heads Rejoice !!!]

What is everyone's choice for US SCV? I am between IJS and AVUV

Interestingly there is only 25% fund overlap between the 2
by Gemini
Sat Mar 07, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7952
Views: 777973

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Europe is already feeling the effect of this -- they're literally running out of vault space to put the cash so they don't need to invest it at negative interest rates. (https://www.bloomberg.com/news/articles/2020-01-31/german-banks-are-hoarding-so-many-euros-they-need-more-vaults) The other thing...
by Gemini
Sat Mar 07, 2020 1:58 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7952
Views: 777973

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Do you think that if short term treasuries became nominally negative that bank accounts would start charging a fee as well? If not, then individuals looking for safety, although maybe not institutions, might just park their cash in a bank account. Savings accounts in the EU already have negative ra...
by Gemini
Thu Feb 27, 2020 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

I am in a a common law property state. When opening a joint account with my spouse, which option should I choose? Joint with Rights of Survivorship (JWROS) In the event of death of either owner of this joint account, full ownership will be transferred to the other owner. VS Joint Tenants in Common (...
by Gemini
Mon Feb 24, 2020 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

So, if one has enough assets (I am not sure how much though - can someone clarify?), one does not need the CMA. Everything a CMA does can be done via a brokerage account. Is all of this correct? A brokerage account also has a debit card? Any reason to open two brokerage accounts for fraud purposes ...
by Gemini
Sun Feb 23, 2020 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

So, if one has enough assets (I am not sure how much though - can someone clarify?), one does not need the CMA. Everything a CMA does can be done via a brokerage account. Is all of this correct? A brokerage account also has a debit card? Any reason to open two brokerage accounts for fraud purposes e...
by Gemini
Fri Feb 21, 2020 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

Can one write checks from a brokerage account i.e. NOT CMA?
by Gemini
Thu Feb 20, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

Are most people using the $0 CMA + brokerage overdraft option? What happens if the CMA debit card is stolen and large purchase made? Would Fido liquidate investments from the brokerage account to cover? Can you write a check from the CMA if the account has $0 in it? Would Fido auto liquidate from t...
by Gemini
Wed Feb 19, 2020 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

Are most people using the $0 CMA + brokerage overdraft option? What happens if the CMA debit card is stolen and large purchase made? Would Fido liquidate investments from the brokerage account to cover? Can you write a check from the CMA if the account has $0 in it? Would Fido auto liquidate from th...
by Gemini
Sat Feb 15, 2020 2:50 pm
Forum: Investing - Theory, News & General
Topic: What to pair with NTSX?
Replies: 239
Views: 21127

Re: What to pair with NTSX?

If one wanted to be 100% equities with 50% INTL and SCV tilt, what are some suggestions for pairing with NTSX?
by Gemini
Sat Feb 15, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

Does Fidelity offer Zelle? They don't as Fidelity isn't a bank. Zelle was created by a group of the larger US banks to compete with Venmo. You can apparently connect Fidelity directly to Paypal (who owns Venmo) but I haven't done it. Even if Fidelity supported Zelle, I probably wouldn't do it; at l...
by Gemini
Thu Feb 13, 2020 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: $2-2.5M House?
Replies: 77
Views: 8078

Re: $2-2.5M House?

Why do people think OP is in AZ or Phoenix?
by Gemini
Thu Feb 13, 2020 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

muffins14 wrote: Thu Feb 13, 2020 11:22 pm
Gemini wrote: Thu Feb 13, 2020 11:16 pm Does Fidelity offer Zelle?
Is venmo a reasonable alternative?
Maybe. Is it free?

I currently have USAA, where everything is basically free ie checks/atm and it has Zelle, which I use weekly.
by Gemini
Thu Feb 13, 2020 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1821
Views: 268944

Re: Fidelity as a one stop shop

Does Fidelity offer Zelle?
by Gemini
Wed Feb 12, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: What is the highest expense ratio you willingly pay?
Replies: 156
Views: 12414

Re: What is the highest expense ratio you willingly pay?

5 and 56/44 if I could get into Medallion
by Gemini
Sun Jan 26, 2020 8:11 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 71815

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I wonder why Fidelity does not offer PSLDX on its platform If you want something like PSLDX without actually buying it (it's fairly restricted at many brokers)....a 34/66 mix of UPRO/EDV tracks it fairly, kinda well (if frequently rebalanced) https://www.portfoliovisualizer.com/backtest-portfolio?s...
by Gemini
Wed Jan 15, 2020 11:23 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 71815

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I wonder why Fidelity does not offer PSLDX on its platform Most investors are going to be a little short of the $1M minimum investment. At Schwab, it is 100K https://www.schwab.com/public/schwab/investing/investment_help/investment_research/mutual_fund_research/mutual_funds.html?path=%2fProspect%2f...
by Gemini
Tue Jan 14, 2020 11:03 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 71815

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I wonder why Fidelity does not offer PSLDX on its platform
by Gemini
Sat Jan 11, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: Are Stocks Overvalued? A Survey of Equity Valuation Models
Replies: 253
Views: 23141

Re: Are Stocks Overvalued? A Survey of Equity Valuation Models

Thanks - just wasn't sure how they usually work
by Gemini
Sat Jan 11, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 71815

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I have a naive question. If one decides to buy this fund according to their stock/bond AA, will $100 of NTSX count as $90 of stock and $60 of bonds (= $150 total)? Thanks. I consider it as: $90 of stock and $60 of intermediate term treasuries and -$50 cash (which cancels any money market or TBills ...
by Gemini
Sat Jan 11, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: Are Stocks Overvalued? A Survey of Equity Valuation Models
Replies: 253
Views: 23141

Re: Are Stocks Overvalued? A Survey of Equity Valuation Models

The Hussman mention is interesting. Here's his latest post about it. https://www.hussmanfunds.com/comment/mc191230/ This guy is relentless in his pessimism. I skimmed the article and it looks like he's using price to sales as a valuation metric, and basing his entire overvaluation thesis on its mea...
by Gemini
Fri Jan 10, 2020 4:29 pm
Forum: Personal Investments
Topic: Taxable account strategies for high tax brackets
Replies: 29
Views: 4723

Re: Taxable account strategies for high tax brackets

How is NTSX or the RAFI index ETFs for a taxable base fund? How do you find out what the yield is for a fund annually?
by Gemini
Fri Jan 03, 2020 5:40 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 71815

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

For all those considering a purchase, where are you making room for this or are you just planning to add future dollars in a taxable?
by Gemini
Fri Jan 03, 2020 4:18 pm
Forum: Investing - Theory, News & General
Topic: [Not a bad choice for your EM equity exposure (EYLD)]
Replies: 56
Views: 5079

Re: Not a bad choice for your EM equity exposure (EYLD)

How does this compare to EWX or DGS?

Expense ratios are about the same for all three.
by Gemini
Tue Dec 24, 2019 4:58 pm
Forum: Personal Investments
Topic: VTIAX and emerging markets
Replies: 28
Views: 2065

Re: VTIAX and emerging markets

No, Total Int. Market is all you need. I personally now tilt small-value Internationally (by tilt I mean almost all of it) and those funds do not include emerging markets so I’m quite underweight. Doesn’t bother me, and one could argue I’m more diversified this way than holding Total International ...
by Gemini
Sat Dec 21, 2019 8:20 pm
Forum: Personal Investments
Topic: Taxable account strategies for high tax brackets
Replies: 29
Views: 4723

Re: Taxable account strategies for high tax brackets

Thanks for the tips. Some additional info : living in NJ with work both in NJ and NY. Our retirement accounts are all a mix of international and domestic equities. Plan is 100% equities for now. After researching some more, it appears it would be best to keep any international or SCV in the retireme...
by Gemini
Wed Dec 18, 2019 2:59 pm
Forum: Personal Investments
Topic: Taxable account strategies for high tax brackets
Replies: 29
Views: 4723

Taxable account strategies for high tax brackets

My 2018 marginal tax bracket was 37% federal, 5% NJ and 2.6% NY, which is awful. Please share strategies for taxable 1. Low Dividend Yield funds - vanguard has some. What are your favorite? 2. Separately Managed Accounts - fidelity has some at about 35bps Some info : http://kovackadvisors.com/ka/Pre...
by Gemini
Sat Dec 14, 2019 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1863

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

Did some math and my marginal tax rate was 44.6% for 2018, with 37% of that federal :annoyed
by Gemini
Sat Dec 14, 2019 10:56 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 7952
Views: 777973

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Do you still think 43/57 UPRO/EDV is the right mix? From the last EDV peak in June-Aug 2012 ($135) - Portfolio Visualizer suggests 52/48 or even 65/35. Suggests it for what criteria? Any optimization that only looks at an equity bull will skew towards equity. I liked it, but there are many options ...
by Gemini
Sat Dec 14, 2019 10:53 pm
Forum: Personal Investments
Topic: 2020 Plan for $45,000,000 in 2045
Replies: 81
Views: 14939

Re: 2020 Plan for $45,000,000 in 2045

I still can't figure what is OP's income. Can some clarify?
by Gemini
Fri Dec 13, 2019 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Switching TIN middle of year and taxes
Replies: 0
Views: 214

Switching TIN middle of year and taxes

We formed a S Corp sometime in Feb/March 2019. Prior, we had a partnership. Prior to establishment for the S Corp, payments from vendors were made under the Partnership TIN. Is it possible/allowed for the vendors to switch ALL of the payments to the S Corp TIN? This would obviate the need for a tax ...
by Gemini
Wed Dec 11, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1863

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

I came up with some rough W-2 wages for the two of you on $500K in business profits. Prioritizing employer contributions: $136K each with $34K in employer contributions and $22K in employee after-tax contributions. Prioritizing employee after-tax contributions: $160K each with $56K in employee afte...
by Gemini
Tue Dec 10, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1863

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

So I ran numbers at the extreme i.e. 500K combined salary and this is what I come up with:

Payroll taxes on 500K salary split between us :

SS employer only : 132,900x6.2% = 8,239
Medicare both employee and employer : 2.9% x 500000 = 14,500
Surtax employee: 0.9%x500000 = 4,500
Total about 27,250
by Gemini
Sun Dec 08, 2019 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for kids
Replies: 132
Views: 16925

Re: Roth IRA for kids

If minor children earn money babysitting or shovling snow does that count as earned income or do they need 1099? Great question wish I knew. They don't need a 1099 to count it as earned income. Just keep records with dates, times and amount paid, etc. It is very uncommon for minor children to be ab...
by Gemini
Sun Dec 08, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1863

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

The employEE deferrals, in our case, comes from our regular, W2 incomes. employee after-tax contributions by payroll - Since payroll has to be run by 12/31, and the final numbers won't be crunched, is this still possible? What are the advantages of running it via a payroll deduction? Of course it i...
by Gemini
Sun Dec 08, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1863

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

You can allocate the remaining annual addition space after employee deferrals between employer contributions and employee after-tax contributions in any manner you choose. The employer contribution rate must be the same for each employee. However, each employee can choose whether and how much emplo...
by Gemini
Sun Dec 08, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for kids
Replies: 132
Views: 16925

Re: Roth IRA for kids

I believe since they are under 21 as per the first requirement I am all set? What taxes will kids and I have to pay if I put them on payroll? Do I have to file taxes for them if I pay them $1000? Does a Roth have to be setup prrio to Dec 31? You also have the one (1) year of service requirement (1,...
by Gemini
Sun Dec 08, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1863

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

I still have trouble fully understanding retirement accounts and 199a Join the club Aren't the tax deferred contributions now worth less ? Tax-deferred retirement contributions will now only lead to 20% as before. One may have to pull the money out at a higher if the top marginal tax rate goes up a...