Search found 12 matches

by Newinvest
Tue Nov 11, 2014 8:50 pm
Forum: Personal Investments
Topic: Vanguard Capital Gains
Replies: 34
Views: 3900

Re: Vanguard Capital Gains

Correct. I don't know why I think like that, but I just prefer to not sell what I have. Whatever helps me sleep at night :happy
by Newinvest
Tue Nov 11, 2014 7:32 pm
Forum: Personal Investments
Topic: Vanguard Capital Gains
Replies: 34
Views: 3900

Re: Vanguard Capital Gains

livesoft wrote:I'm mystified why it would make a difference in your happiness.
Ha! What I mean by that, as I stated earlier I thought I would not receive cap gains...and as you pointed out "apparently I need money" . Well, if my original belief was that I would not receive cap gains and I obviously still needed money I'd have to sell shares to generate that money. I would rather keep the amount of shares I own and receive the cap gains (I am aware however that my portfolio will decrease in value). Perhaps it's six in one, and half dozen in the other to you, but by receiving cap gains (some of which I will put back into my funds) and not depleting the amount of shares I own...I feel that's a better course of action at this time.
by Newinvest
Tue Nov 11, 2014 6:51 pm
Forum: Personal Investments
Topic: Vanguard Capital Gains
Replies: 34
Views: 3900

Re: Vanguard Capital Gains

livesoft wrote:You really don't need capital gains; you apparently need money. Simply sell some shares to get money. That will realize capital gains or capital losses and some money to transfer to your checking account.
True. However, I'm happier to be in a situation where I can take these cap gains as opposed to receiving no gains and having to sell shares.
by Newinvest
Tue Nov 11, 2014 6:42 pm
Forum: Personal Investments
Topic: Vanguard Capital Gains
Replies: 34
Views: 3900

Re: Vanguard Capital Gains

If the fund has long-term gains, it may distribute those to you as such. It doesn't matter how long you've owned the fund. The firm's gain passes to you. On the other hand, if you sell your shares, then it does matter how long you've held the fund. You can have long-term or short-term gain or loss from that sale. In my case I made an exchange of funds sometime this past June, but that was from total stock market and total international to the Wellington and Wellesley due to my current financial situation. Total stock and total international funds to my knowledge don't distribute cap gains generally, but now that I own considerably more in Wellington and Wellesley after the exchange, I was anticipating the cap gains distribution. Glad to he...
by Newinvest
Tue Nov 11, 2014 6:35 pm
Forum: Personal Investments
Topic: Vanguard Capital Gains
Replies: 34
Views: 3900

Re: Vanguard Capital Gains

Thank you guys very much for the clarification. This year I actually need to use the cap gains and was under the impression that I would not be receiving them (was a bit nervous). I must not have articulated myself well enough to the vanguard rep who told me that I would not receive cap gains on some accounts this year because I owned them for less than a year. So I was quite confused when I hung up the phone due to the fact, as I mentioned previously that I've received cap gains in the past on funds I've held for only a few months. After "upgrading" by accounts to brokerage accounts I've found it to be a little more confusing looking at the transaction history but I saw clearly that gains were distributed last year to me. Thanks ...
by Newinvest
Tue Nov 11, 2014 6:21 pm
Forum: Personal Investments
Topic: Vanguard Capital Gains
Replies: 34
Views: 3900

Re: Vanguard Capital Gains

jsl11 wrote:If you own the shares on the ex-dividend date, you get the dividend.
Jeff
Hi Jeff,

Do you mean dividend only or also capital gains?

Thanks
by Newinvest
Tue Nov 11, 2014 6:14 pm
Forum: Personal Investments
Topic: Vanguard Capital Gains
Replies: 34
Views: 3900

Vanguard Capital Gains

Greetings group,

Had a question about capital gains distributions at vanguard. I was wondering if I will be receiving LT cap gains in funds like Wellesley and Wellington Admiral if the fund has been held less than a year?

In the past, I have held funds for as little as three months prior to the distribution in December and still received long term capital gains. So I am a bit confused as to how long a fund actually needs to be owned to have long term gains distributed.

Thank you, I am relatively new to this and would appreciate any clarification.
by Newinvest
Wed Mar 13, 2013 11:17 pm
Forum: Personal Investments
Topic: Investing Inheritance
Replies: 19
Views: 3108

Re: Investing Inheritance

There is no investment that will beat the guaranteed cost of a student loan (which I think is around 6-7% these days?), so if you can avoid the loan I think you probably should. As for the investment, another option is to do as follows 1) Set aside $150k to pay for living expenses and tuition over next 4 years. Put this in CD ladders or very short term, high quality bond indexes (with the understanding that by going for a bit more yield, you risk losing some principle). Apply now for scholarships/grants before you get your windfall... 2) Set up retirement portfolio with $350k. Think of this money as money you will not touch until you're 65 or so. I'm assuming you have $30k in your IRAs for this example IRAs: 100% total bond market (and max...
by Newinvest
Mon Mar 04, 2013 10:36 pm
Forum: Personal Investments
Topic: Investing Inheritance
Replies: 19
Views: 3108

Re: Investing Inheritance

tuckeverlasting wrote:Welcome newinvest,

I hope you can take comfort in knowing that the loved one who left you this gift would doubtless be proud that you are making the most of your inheritance and going about it the smart way (by coming to the Bogleheads). IMO, fortunate are those find their way here with a windfall .

Good luck!

Thank you. I loved this person deeply, and their passing was sudden and unexpected.

Thanks everyone for such great advice.
by Newinvest
Sat Mar 02, 2013 1:49 pm
Forum: Personal Investments
Topic: Investing Inheritance
Replies: 19
Views: 3108

Re: Investing Inheritance

MN Finance wrote:Is the inheritance itself in cash or inside a retirement account already?
I have yet to receive it, but it will be in cash.
by Newinvest
Sat Mar 02, 2013 1:48 pm
Forum: Personal Investments
Topic: Investing Inheritance
Replies: 19
Views: 3108

Re: Investing Inheritance

Thanks everyone for your advice. To answer a couple of the questions my intent is in fact, to complete some school I have left and possibly enroll in a PhD program; so my timeline would be about 4 years. During this time, at least for a couple of those years I'd like to work part-time so I can contribute to my IRAs and slow some of the hemmoraging. I hope scholarships and grants will help considerably of course...I don't know how much financial aid I would receive if any, if my assets baloon as I anticipate. One thing I thought about with the loans is that (about 4% is what I think student loans are these days) I would have the opportunity and the time to invest the principal of that money until probably 6 mos after graduation as opposed to...
by Newinvest
Fri Mar 01, 2013 10:38 pm
Forum: Personal Investments
Topic: Investing Inheritance
Replies: 19
Views: 3108

Investing Inheritance

Greetings Group, I am new here, and very new to investing. First off, I'd like to say that the way that I will inherit money is under very unfortunate circumstances and I'd give it back in a second to have this person in my life again. After everything is completed (estate-wise) I expect to end up with approximately 500,000. So, a little background on myself: I am in my early thirties and only have small investments by way of a Roth-IRA and a Trad-IRA. I have had intermittent work during the past few years and am due to be laid off soon so my finances are in no way very healthy at this time. I will be going back to school next year and will probably have very little income during this time (probably for a period of about four years). I do h...