Search found 3440 matches

by Artsdoctor
Sun Sep 23, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: Tax Loss Harvest (TLH) VWIUX

If you ever have any doubt which fund is accruing interest daily, there is a tab at the top right corner of the Account Page which allows to check the Balance by Date. When you click on that, you'll actually how much interest you've accumulated for the bond (or money market) fund.
by Artsdoctor
Sun Sep 23, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: Why do Schwab fund only pay distributions once a year?
Replies: 7
Views: 1030

Re: Why do Schwab fund only pay distributions once a year?

Any idea why a lot of Schwab mutual funds and ETFs only pay once a year? Any advantage or disadvantage over quarterly distributions? I personally prefer the 1/4 for better averaging over time. Just curious as to why they set it up this way. At the risk of sounding as if I've been around a very long...
by Artsdoctor
Sun Sep 23, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: Tax Loss Harvest (TLH) VWIUX

^ Squawk, Two things to consider. First, if you're thinking about TLH'ing an equity fund AND you're going to need to money in a couple of years, consider taking the money from elsewhere, such as a short-term bond fund or cash; putting aside money you'll in the near term in equities entails a bit of ...
by Artsdoctor
Sat Sep 22, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: NEW QUESTION: Harvest again in less than 31 days

I harvested from VWIUX (V. Int. Muni) to VMLUX (V. Limited T. Muni) on Sep. 14th...today is Sep 22d. VMLUX has a loss big enough to harvest. The price difference between those dates is .02. (2 cents). You must have a very large position to make that harvest worthwhile. I admit that I dislike TLH be...
by Artsdoctor
Fri Sep 21, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 59
Views: 5822

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

Most of my MM money is in prime. I do have 30% of my EFund in Federal MM (settlement fund), but that is mainly for easy of buying tbills in my efund when I want to. Federal does have the added benefit of being free from liquidity gates or haircuts in periods of stress. Perfect synopsis. It's really...
by Artsdoctor
Fri Sep 21, 2018 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Buying secondary market TIPS via Vanguard Brokerage
Replies: 7
Views: 436

Re: Buying secondary market TIPS via Vanguard Brokerage

^ I have nothing to add Huey's explanation since it's perfect. Logistically, you may not wind up getting the price listed in the WSJ because Vanguard tends to sell in relatively large blocks in order to get the best price (you might get a great price when you buy 50 bonds but a different [less attra...
by Artsdoctor
Fri Sep 21, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: Tax Loss Harvest (TLH) VWIUX

^ I apologize for any confusion. I never meant to argue that one had to choose between safety or yield. The crux of the matter is essentially: are you being compensated fairly for your the risk you might be taking. It's not an either/or situation. For example, you might be paid 3% annually for a 6-y...
by Artsdoctor
Wed Sep 19, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2469

Re: Traveling overseas .. credit cards? cash exchange?

Was in Norway last month and was shocked that some hotels and restaurants DO NOT TAKE CASH. Credit/debit cards only. Times are a'changing…. Yep. I've been to both Norway and Sweden recently, and did not even need to carry any cash. Everything was put on a credit card. The only time I really missed ...
by Artsdoctor
Wed Sep 19, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: Convince a friend to go Boglehead
Replies: 17
Views: 985

Re: Convince a friend to go Boglehead

I learned my lesson in 2000. I convinced someone to put her 401k contributions into low-cost Vanguard index funds and get away from the funds that were charging 1.5%+. Of course, the market tanked and I was blamed for her losses. Either someone is receptive or not. If you like, you can provide one a...
by Artsdoctor
Wed Sep 19, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: Tax Loss Harvest (TLH) VWIUX

^ I prefer: Be greedy when others are fearful; be fearful when others are greedy. :) N.B. Above must be tempered by the fact that Mr. Buffett also said, “Don’t be too greedy.” Within reason---as allowed by recommended authors and forum wisdom---I believe it’s okay to reach for additional yield. Pro...
by Artsdoctor
Tue Sep 18, 2018 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: California tax free fund or an AMT tax free fund?
Replies: 9
Views: 749

Re: California tax free fund or an AMT tax free fund?

Interesting. I will have more than 70k in taxable income (the threshold for single filers) but a lot of deductions have been eliminated. I’m not really sure. Unless you have much more than $70K the AMT will not be an issue for you. E.g., see Beware of These AMT Triggers . The Schwab article isn't f...
by Artsdoctor
Tue Sep 18, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: "7 Retirement-Portfolio Withdrawal Mistakes to Avoid"
Replies: 13
Views: 2134

Re: "7 Retirement-Portfolio Withdrawal Mistakes to Avoid"

Quote: "Retirees can use the IRS' tables for required minimum distributions as a starting point to inform their withdrawal rates." Is it correct to read that as follows: "Retirees can use the IRS' tables for required minimum distributions as a starting point to inform their OVERALL withdrawal rates...
by Artsdoctor
Tue Sep 18, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: Tax Loss Harvest (TLH) VWIUX

^ One of my favorite well-worn adages: More money has been lost reaching for yield than at the point of a gun.
by Artsdoctor
Mon Sep 17, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: Tax Loss Harvest (TLH) VWIUX

I'd be hard-pressed to find two bond experts more qualified than Larry Swedroe and Annette Thau. I don't think that they contradict each other: both advocate intermediate-term bonds over long-term bonds since you're going to get a decent return even when compared to long-term bonds with less risk. W...
by Artsdoctor
Mon Sep 17, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Pay large medical bills - cash or HSA?
Replies: 8
Views: 513

Re: Pay large medical bills - cash or HSA?

You're talking about both FSAs and HSAs. Just make sure they're both co-existing correctly since most of the time, you won't have both: https://www.irs.gov/publications/p969 In general, the HSA is a great investment tool if you can truly afford to pay medical expenses whenever they come up. If you f...
by Artsdoctor
Mon Sep 17, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Can I have an oversized emergency savings account?
Replies: 19
Views: 2130

Re: Can I have an oversized emergency savings account?

You should do what you feel most comfortable with. Just think it through. Not all emergencies come with a bang. Some emergencies can be drawn out (such as a lay off). Many people have tiers of emergency funds (cash, short-term bond funds, etc.). And don't forget to count the dividends that your exis...
by Artsdoctor
Sun Sep 16, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: [AARP Article re: ID Theft & Dark Web]
Replies: 32
Views: 3855

Re: Dark Web Article

I still have trouble accepting that number 3 is the best way to go. Makes me nervous to have all of my passwords "out there" - and in one place, even if in encrypted form. I am open to being convinced, though. :wink: You don't have to put it "out there" if you don't want to. I don't. It's far far b...
by Artsdoctor
Sun Sep 16, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: [AARP Article re: ID Theft & Dark Web]
Replies: 32
Views: 3855

Re: Dark Web Article

So the relevant actionable part of the article is this: Actions recommended to protect yourself from identity theft 1. Freeze your credit 2. Monitor your financial accounts 3. Use a Password Manager I hope the lack of comments just means everyone is already doing these things so it's not really new...
by Artsdoctor
Sat Sep 15, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: Help w/ large annual bonus
Replies: 16
Views: 1883

Re: Help w/ large annual bonus

Think of it another way. Money is fungible. It doesn't care where it is. Once you get your bonus, you have the money. You say you have 6 months of savings for emergencies. If you get your bonus, did you just increase your 6-month savings to 12-months? Is that what you want? Likewise, if you get your...
by Artsdoctor
Sat Sep 15, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Overfunding Tax-Advantaged Accounts?
Replies: 4
Views: 546

Re: Overfunding Tax-Advantaged Accounts?

Hi, my wife and I are 50 and have managed to accumulate about $1.7M in 401(k) and Roth-IRA accounts, but we only have about $200K in taxable accounts. We're sort of on the borderline between the 32% and 35% federal tax brackets. Between my Solo 401(k), her employer 401(k) + match and backdoor Roth ...
by Artsdoctor
Sat Sep 15, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Beneficiary unallowed in joint taxable -move to single acct?
Replies: 10
Views: 737

Re: Beneficiary unallowed in joint taxable -move to single acct?

You might want to think about the pros and cons of a trust. I'm sure that you've thought about your estate plan since you have a child (although one certainly needn't have children to think about estate planning!), and having a trust would allow you seamlessly pass on your assets anyway you'd like.
by Artsdoctor
Thu Sep 13, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 52
Views: 3307

Re: Tax Loss Harvest (TLH) VWIUX

You might want to check the way you'd handle TLH in tax-exempt investments from a tax point of view. If the investment accumulates (and will pay) interest on a daily basis, you're free to trade the investment as you would any investment from a TLH point of view. However, if the investment pays inter...
by Artsdoctor
Wed Sep 12, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: Medallion Signature guarantee?
Replies: 28
Views: 2291

Re: Medallion Signature guarantee?

I recommend that everyone have an account at a brick and mortar bank and as a condition for opening the account, verify that they can issue medallion signature guarantees to their customers. Chances are you will need that service sooner or later. This is certainly a reasonable idea to start with. H...
by Artsdoctor
Wed Sep 12, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Argument for taking social security before 70. Comments?
Replies: 111
Views: 7401

Re: Argument for taking social security before 70. Comments?

I think survivors benefits are a key consideration. Delaying does increase those as a few others have mentioned. Yes. This is an important point. When you're reading about timing of social security benefits, it's important to remember a few things. It's very different comparing single to married st...
by Artsdoctor
Mon Sep 10, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Medallion Signature guarantee?
Replies: 28
Views: 2291

Re: Medallion Signature guarantee?

My mother recently passed away and I am the executor of her estate. She held some stock in an individual account that I need to transfer to an estate account prior to distribution to the heirs. Unfortunately, I need to get a medallion signature guarantee on the forms requesting the transfer to the ...
by Artsdoctor
Sat Sep 01, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Zweig Intelligent Investor
Replies: 3
Views: 815

Re: Zweig Intelligent Investor

We all love Mr. Zweig, but the topic of Harbor International made me stop. 38%.....in capital gains....in 1 year! Run people. Run. https://www.wsj.com/articles/mutual-funds-just-cant-seem-to-stop-slipping-up-1535731281?mod=hp_lead_pos10 (Yes you'll have to go around the paywall) There are very few ...
by Artsdoctor
Sat Sep 01, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 3967

Re: Are CDs considered an investment?

What is going on with this thread? You have principal and you have income when you have a CD. You have a dictionary, you can look up the definition of an investment. As far as a varying price goes, having a variable NAV doesn't make something an investment--rather, find a definition of that somewher...
by Artsdoctor
Fri Aug 31, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 3967

Re: Are CDs considered an investment?

From Investopedia: In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit. I don't really think there's much of an argument here. That definition pretty much sums it up. However, you...
by Artsdoctor
Fri Aug 31, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 3967

Re: Are CDs considered an investment?

Maybe people won't mind me posting this again: http://i45.tinypic.com/14jlrpd.jpg In case people don't recognize it, that's what a CD once looked like. It is in the form of a "bankbook." About the size of a passport, and when you brought to the bank they physically inserted it into something like a...
by Artsdoctor
Fri Aug 31, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?
Replies: 30
Views: 3556

Re: Are Skilled Nursing Facilities that Accept Medicaid Really That Bad?

I have a family member who is in a skilled nursing facility for rehab after a fall. The tab is paid in full by Medicare for the first 20 days. Days 21-100 are subject to a co-pay of just under $200 per day. It's unclear as to how long they will be in rehab. If the 100 days pass without being discha...
by Artsdoctor
Fri Aug 31, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 4996

Re: Will I ever sell Ibonds from 2001 - 3% fixed

- iBonds are tax free while you hold them, - at redemption time, you pay federal taxes on the growth, but not state taxes. This makes me wonder if it would be a good idea to pass I Bonds on as an inheritance(as mentioned above) particularly to a youth, since they will have no taxes, or a low tax br...
by Artsdoctor
Fri Aug 31, 2018 8:48 am
Forum: Investing - Theory, News & General
Topic: Tax consequence of BND really that bad in taxable?
Replies: 24
Views: 2117

Re: Tax consequence of BND really that bad in taxable?

In your situation tax exempt bonds in your taxable account would seem to make the most sense. Or are you concerned with potential risks? If my income was static, I would agree. But as a small business owner, who knows? We’re goung to be in the highest tax bracket again this year and the foreseeable...
by Artsdoctor
Wed Aug 29, 2018 7:07 pm
Forum: Investing - Theory, News & General
Topic: Tax consequence of BND really that bad in taxable?
Replies: 24
Views: 2117

Re: Tax consequence of BND really that bad in taxable?

I get trying to achieve tax efficiency. All else equal, I don’t want to pay any more taxes than necessary. And I get that the tax treatment of BND in a taxable account is inefficient. But is it really that bad? Assume a $1MM account with an 80/20 stock/bond allocation. Say your entire bond allocati...
by Artsdoctor
Wed Aug 29, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?
Replies: 29
Views: 2398

Re: Why do people buy ETFs in taxable with Vanguard when the ETF tracks an equivalent index fund?

So if I have relatively high income ($160k+) and can't take advantage of tax gain harvesting, use a Vanguard brokerage, and prefer to buy and hold except for rebalancing and occasional tax loss harvesting opportunities, it seems I would be better served with the mutual fund (VTSAX as opposed to VTI...
by Artsdoctor
Sun Aug 26, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage and asset allocation
Replies: 8
Views: 616

Re: Mortgage and asset allocation

I don't factor the home equity or any mortgage balance into asset allocations, although some people view a mortgage as a negative bond:

https://www.bogleheads.org/wiki/Owning_ ... e_bonds.29
by Artsdoctor
Fri Aug 24, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: SALT: IRS issues proposed regs for State Tax Credit for Donation
Replies: 62
Views: 6075

Re: SALT: IRS issues proposed regs for State Tax Credit for Donation

I'm not too surprised that the Treasury would try to stop this, but I am (a little) surprised that all of the existing programs in place would most likely go away as well. For several years, many states (regardless of political predominance) have allowed contributions to college tuition programs in ...
by Artsdoctor
Wed Aug 22, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited Roth IRA
Replies: 7
Views: 818

Re: Inherited Roth IRA

AG, You did a very nice thing. Inheriting a Roth is one of the best ways to receive money. The beneficiary of a Roth and the beneficiary of an IRA will have to take RMDs but the former will not be paying tax. Of course you can imagine scenarios where one works out better than the other but overall, ...
by Artsdoctor
Wed Aug 22, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"
Replies: 31
Views: 2524

Re: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"

I don't know what other people's experiences have been but I've settled estates; it takes either a little work or a lot of work, but it's always work. I've found that the more preparation that is done, the smoother it goes. There will always be exceptions and I'm sure many posters will have differen...
by Artsdoctor
Wed Aug 22, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"
Replies: 31
Views: 2524

Re: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"

Every adult should have a will. I see no upside to avoiding it. What if you don't know who you want your assets to go to? This has always been my issue, which is why I haven't bothered with it unfortunately. You really only have two choices here. One, you decide where they go. Two, someone else wil...
by Artsdoctor
Wed Aug 22, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"
Replies: 31
Views: 2524

Re: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"

Every adult should have a will. I see no upside to avoiding it. What if you don't know who you want your assets to go to? This has always been my issue, which is why I haven't bothered with it unfortunately. You really only have two choices here. One, you decide where they go. Two, someone else wil...
by Artsdoctor
Wed Aug 22, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"
Replies: 31
Views: 2524

Re: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"

I can't begin to know how frequently screw-ups occur without any will but I'm fairly confident that with a large estate, things would go more smoothly with a will than without. "Heirs" seem to come out of the woodwork . . . https://www.theguardian.com/music/2017/may/19/prince-siblings-inherit-estate...
by Artsdoctor
Wed Aug 22, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited Roth IRA
Replies: 7
Views: 818

Re: Inherited Roth IRA

This will help answer your questions:

https://www.schwab.com/public/file/P-1625576/

I know you'd do this, but just remember that you have to separate the account (to all of the beneficiaries) by the end of the year after death. Otherwise, the RMD will be based on the oldest beneficiary.
by Artsdoctor
Sat Aug 18, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: New Zealand
Replies: 17
Views: 1606

Re: New Zealand

I have an interest vacationing with my wife and 12 year old son in New Zealand for about three weeks next year. One thing that I would like to do is trout fish in the mountains and the rest of the trip can be anything. Knowing the diversity of the board, I'd appreciate any feedback regarding time o...
by Artsdoctor
Sat Aug 18, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs [Questions on qualified medical expense, contributions]
Replies: 13
Views: 1613

Re: HSAs

I asked the questions because my niece is starting her first "real" job and sought my advice on whether to choose a traditional health insurance plan or a HDHP+HSA. Having had no experience with the latter, I researched several well known financial advice sites. Unfortunately the 7-8 articles I fou...
by Artsdoctor
Sat Aug 18, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting (TLH) opportunities
Replies: 5
Views: 570

Re: Tax Loss Harvesting (TLH) opportunities

Where do you get your TLH opportunities, and does TLH benefit count for any significant return in your portfolio? I have not found sufficient TLF opportunities to the the concept very seriously. The market has been in a general up trend, most Bogleheads invest for the long term, hold only a few ass...
by Artsdoctor
Fri Aug 17, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 103
Views: 7196

Re: Using ACA for early retirement years

Healthcare is different. You have an active process in a state of flux. You currently have a legislative branch that has a focus on changing the current set-up and one item that is currently actively being pursued is changing the pre-existing illness waiver. This is not something "years away" but s...
by Artsdoctor
Thu Aug 16, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 103
Views: 7196

Re: Using ACA for early retirement years

"Hope" is not a strategy, but it is necessary for retirement planning. I think it is reasonable to assume that both social security and Medicare will change in the future. However, nobody can tell you exactly when and how much they may change. In my planning for early retirement, I assumed zero soc...
by Artsdoctor
Thu Aug 16, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 103
Views: 7196

Re: Using ACA for early retirement years

My concern is for someone retiring now in their 50s and having to rely on ACA until Medicare. For those early retirees on ACA... are you planning to stay on ACA until Medicare? Thanks. There are several podcasts and blogs out there which are very good when it comes to Financially Independent Retire...