Search found 2288 matches

by dwickenh
Sun Mar 17, 2024 9:05 am
Forum: Personal Consumer Issues
Topic: Utilities cost?
Replies: 57
Views: 4076

Re: Utilities cost?

Eastern Tennessee for the last 8 months:

82.00 water for 2500 gallons per month includes sewer(irrigation for 3 months will raise avg)
126.00 per month for all electric

Dan
by dwickenh
Fri Mar 15, 2024 8:28 am
Forum: Personal Finance (Not Investing)
Topic: The best game-changing financial advice you ever received (or "discovered")
Replies: 120
Views: 11101

Re: The best game-changing financial advice you ever received (or "discovered")

"Stay the course" and meeting Jack Bogle in person have been the best financial advice for me. I am stubbornly persistent in my investments and it has paid off over the last 20 years.

Dan
by dwickenh
Fri Mar 15, 2024 8:12 am
Forum: Personal Investments
Topic: Retiring soon. Please review of my portfolio
Replies: 5
Views: 1191

Re: Retiring soon. Please review of my portfolio

I am like you in keeping a short term bond fund in my taxable account for cash needs. I think there is a better way as you can keep the cash needs in equities which are taxed at a lower rate in your taxable account. If you have to sell the equities in your taxable account to raise cash, just replace those equities in your IRA account by selling bonds and buying the same equities. You have actually raised the cash from bonds in your IRA without withdrawing from the IRA. I can't claim this as my own, as a poster here has stated this in the past. Simplifying should be easy as you can fill up your taxable and Roth IRAs until you reach 60% equities, and then fill the remaining IRAs with fixed income. I am going on 8 years in retirement and have ...
by dwickenh
Wed Mar 13, 2024 8:03 am
Forum: Personal Investments
Topic: 80 year old mother's retirement accounts
Replies: 23
Views: 2107

Re: 80 year old mother's retirement accounts

Recency bias is strong. I disagree with your opinion. Likewise. Regarding "recency bias", you are supposed to just ignore a data point that the bond market has provided for you, and simply carry on blindly? Do you bend your facts to the theory, or the theory to comply with the facts? Bond funds are NOT SAFE, period! Especially for a 80-year old who has no accumulation years left, and must survive on the nest egg. Taking that nest egg and putting it in an investment that can lose money is bordering on elder abuse and criminal. What are your proposing as the alternative? Money market funds, CDs, MYGAs. Treasury bills and notes. I-bonds perhaps. Where the principal is not at stake. As I write this post, blueprintincome site is showi...
by dwickenh
Wed Mar 13, 2024 7:39 am
Forum: Personal Investments
Topic: 80 year old mother's retirement accounts
Replies: 23
Views: 2107

Re: 80 year old mother's retirement accounts

lakpr wrote: Wed Mar 13, 2024 1:35 am
ILikeFinances wrote: Tue Mar 12, 2024 8:34 pmAnd would I invest 80% in a bond index fund and 20% in total stock market? Should some of it go to an annuity?
Absolutely not, to the bolded portion. :shock: Are you / is your 80 year old Mom willing to take double digit losses in part of your "safe" assets? Have you taken a look at how bond index fund fared in 2022?

Or even how it fared from January 2024 till date?
Wow, so we should all stop using bond funds I guess......

Recency bias is strong.

I disagree with your opinion.

Dan
by dwickenh
Wed Mar 13, 2024 7:34 am
Forum: Personal Investments
Topic: Managed Account Performance over last 5 years
Replies: 15
Views: 1498

Re: Managed Account Performance over last 5 years

McDougal wrote: Wed Mar 13, 2024 7:20 am Rob Berger recently posted a video on this topic that I found interesting. "SPIVA 2023: Did Actively Managed Funds FINALLY Beat Index Funds?"
https://www.youtube.com/watch?v=9HIDQryalE4&t=1025s
+1

He references an article by John Bogle that helps explain why index funds win over the long term. Great article by the great
Jack!!!

Dan
by dwickenh
Mon Jan 29, 2024 5:33 pm
Forum: Investing - Theory, News & General
Topic: Do Bond Funds Really Make Sense for the Long Run?
Replies: 399
Views: 38700

Re: Do Bond Funds Really Make Sense for the Long Run?

Northern Flicker wrote: Mon Jan 29, 2024 1:37 pm
dwickenh wrote: Sat Jan 27, 2024 7:51 am Recency Bias is very prevalent in today's bond threads.

Dan
Also prevalent in past ones, and likely prevalent in future ones. There are both conformist ones (move to cash because bonds have been falling hard) and contrarian ones (time to extend duration and load up on long-term bonds).

But there also is a selection bias in what threads are started. If someone believes it is good idea to stay the course with bonds, they probably don't need to start a thread to validate and reinforce their belief.
I agree with you, I think......

Dan
by dwickenh
Sat Jan 27, 2024 7:56 am
Forum: Personal Investments
Topic: Advice for a Shorter Term Goal
Replies: 6
Views: 697

Re: Advice for a Shorter Term Goal

For your situation I agree that a 5 year treasury ladder makes sense. You are matching the need with the treasury duration and eliminating risk other than interest rates spiking after you build the ladder. As long as the original ladder meets your needs, I see no risk at all.

Dan
by dwickenh
Sat Jan 27, 2024 7:51 am
Forum: Investing - Theory, News & General
Topic: Do Bond Funds Really Make Sense for the Long Run?
Replies: 399
Views: 38700

Re: Do Bond Funds Really Make Sense for the Long Run?

Recency Bias is very prevalent in today's bond threads.

Dan
by dwickenh
Mon Jan 22, 2024 6:51 am
Forum: US Chapters
Topic: 🎁 🎉Happy 100th Birthday to Taylor Larimore 🎊🎂
Replies: 429
Views: 41915

Re: 🎁 🎉Happy 100th Birthday to Taylor Larimore 🎊🎂

Happy Birthday Taylor. My wish for you is smooth sailing for many more years!! You have already made a huge difference in my life through your contributions to financial education.

Best to you.

Dan
by dwickenh
Mon Jan 22, 2024 6:48 am
Forum: Investing - Theory, News & General
Topic: Did Vanguard Eliminate Access to Financial Engines?
Replies: 62
Views: 14078

Re: Did Vanguard Eliminate Access to Financial Engines?

A440 wrote: Mon Jan 22, 2024 6:29 am I don't see the link anymore.
Was it removed or moved?
It is still there but takes some searching. I just accessed it 2 days ago.

Dan
by dwickenh
Sun Dec 17, 2023 8:00 am
Forum: Personal Investments
Topic: Changing Asset Alloc to a equity:cash ratio
Replies: 22
Views: 3060

Re: Changing Asset Alloc to a equity:cash ratio

Portfolio visualizer is an excellent tool, but its short historical data span means it doesn't catch the worst times to be an investor like 1905, 1929, 1966. A 5% withdrawal rate at 85/15 is likely to fail in those cases. Try tools with longer databases like FireCalc, FICalc or EarlyRetirementNow's SWR spreadsheet before making such a move. OP has decided to buy bonds high, the sell low because the risk is too high and then go to a much riskier stock heavy portfolio. Like all market timing moves, it could work out by chance, but it sure sounds like the kind of performance chasing that cripples growth. +1 It's more likely to be a good bond buying time while NAVs are depressed due to the interest rate rise. I would suggest to stay the course...
by dwickenh
Sun Dec 17, 2023 7:55 am
Forum: Personal Investments
Topic: I Messed Up How Do I Get Back In
Replies: 97
Views: 20637

Re: I Messed Up How Do I Get Back In

200,000 is a large emergency fund, but if it is needed, then you only need to invest 350,000 back into the market to reach 50/50(excluding the emergency fund). 2.3 million and 800,000 already in equities leaves only 350K more to reach 50/50. I would just dump it in as others have suggested, but if that makes you queasy, go 35K a month for 10 months.

Good luck,

Dan
by dwickenh
Wed Nov 29, 2023 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Percent - Private Credit Investing
Replies: 4
Views: 412

Re: Percent - Private Credit Investing

I am also interested in replies as I have recently read the literature from Percent.

Dan
by dwickenh
Wed Nov 29, 2023 8:52 am
Forum: Investing - Theory, News & General
Topic: What is the role of fixed income to you?
Replies: 118
Views: 15981

Re: What is the role of fixed income to you?

I don't know, I think that was addressed in another thread but can't find it. My parents for instance were caught off guard to loose so much in bond funds but held enough cash that they didn't have to sell to get by. But I can imagine some might have had to sell when they are down which is not what you ideally want to do. But even though the NAV dropped the yield and the interest dividends have increased thus adding more available cash they could use. "available cash?" My bond funds are way down and will be so for a while; some here have said for 5 years. The dividends do not make up for the loss of value of the fund. My total bond fund was yielding 850.00 per month 3 years ago, and is yielding 1250.00 per month now. I am reinves...
by dwickenh
Mon Oct 09, 2023 8:40 am
Forum: Personal Investments
Topic: TBill vs Fixed Deferred Annuity
Replies: 10
Views: 1146

Re: TBill vs Fixed Deferred Annuity

Withdrawals on a fixed annuity are limited to 10% or interest only in most cases. As long as liquidity is not a problem, the fixed annuity(Multi Year Guaranteed Annuity) gives you the interest rate locked in for a longer period. Are rates going up or down? No one knows for sure.

Dan
by dwickenh
Sun Sep 03, 2023 6:11 pm
Forum: Personal Investments
Topic: Stock/Bond Ration in Retirement
Replies: 23
Views: 3360

Re: Stock/Bond Ration in Retirement

southernlucky wrote: Sat Sep 02, 2023 1:57 pm Not yet retired but I like 50/50. Super simple to maintain with an even balance of growth and income. Never too hot or cold just right imho. When times are rocky I sleep like a baby. But AA is all personal choice. Pick what works for you and stick with it.
+1 Exactly

Best,

Dan
by dwickenh
Thu Aug 03, 2023 6:36 am
Forum: Personal Investments
Topic: too many fund families?
Replies: 34
Views: 4518

Re: too many fund families?

If you seek complexity, leave it as is. To simplify, move it all to Vanguard, Fidelity, or Schwab.
by dwickenh
Thu Jul 27, 2023 7:07 pm
Forum: Personal Investments
Topic: 30 percent equity allocation in retirement
Replies: 65
Views: 5978

Re: 30 percent equity allocation in retirement

Claudia Whitten wrote: Thu Jul 27, 2023 12:27 pm
dwickenh wrote: Wed Jul 26, 2023 7:45 pm I have settled on 50/50 since retirement in 2016. Half the time I am thrilled to have 50% in equities....... Sometimes I wish I had less, sometimes more, but 50% seems to split the difference for me.

Dan
I think that's what Jack Bogle said.
I think that puts me in good company then........

Dan
by dwickenh
Wed Jul 26, 2023 7:58 pm
Forum: Personal Investments
Topic: Assets and where to put them
Replies: 2
Views: 554

Re: Assets and where to put them

You can have Vanguard handle the transfer from ML. You may want to send an email to your Rep to thank him/her for the prior service, but you have decided to go a different direction. I have had experience with a managed ML account of my father and I think you are making the correct decision. BTW, you never want your financial advisor to be a friend- conflicts with good decision making.

Best to you,

Dan
by dwickenh
Wed Jul 26, 2023 7:45 pm
Forum: Personal Investments
Topic: 30 percent equity allocation in retirement
Replies: 65
Views: 5978

Re: 30 percent equity allocation in retirement

I have settled on 50/50 since retirement in 2016. Half the time I am thrilled to have 50% in equities....... Sometimes I wish I had less, sometimes more, but 50% seems to split the difference for me.

Dan
by dwickenh
Sun Apr 23, 2023 9:05 am
Forum: Personal Investments
Topic: Please help pick a Bond Fund in 401K
Replies: 6
Views: 1026

Re: Please help pick a Bond Fund in 401K

I would choose BND also. I practice what I preach as 100% of my IRA fixed income is in BND. You will be buying at a discount compared to 18 months ago.
by dwickenh
Sun Apr 23, 2023 9:00 am
Forum: Personal Consumer Issues
Topic: Just got rear-ended, what to do with insurance?
Replies: 52
Views: 5269

Re: Just got rear-ended, what to do with insurance?

Update: Body shop said this will probably be totaled. I would like to buy the car from the insurance but body shop stated they might not be able to put the car back together and they will charge me for that. Does that sound correct? Depending on the state law, you might not be able to retain the salvage, insure the vehicle, register the vehicle, and retain a clean title. All of this is a good reason not to keep the vehicle. The shop does have the right to charge you for any reassembly of a vehicle disassembled to determine the extent of damage. If repairable, the insurance company pays any reassembly. As a total loss, you have to pay back the salvage value to the Insurance Company(deducted from your settlement) and pay any additional charg...
by dwickenh
Sun Apr 09, 2023 7:24 pm
Forum: Investing - Theory, News & General
Topic: Consolidating funds
Replies: 4
Views: 543

Re: Consolidating funds

I have Retirement monies in Schwab, Vanguard and Fidelity. I'm 66 , still working Part Time and frequently think about my next phase- Retirement. I'm considering moving most if not all monies into Fidelity; but I'm looking for opinions. I'd like to eventually have an account which will automatically pay my monthly bills and disburse monthly living expenses while also preserving principal as much as possible. In other words I want to simplify especially so that my wife will be comfortable working with one Fund company when my day comes. Any opinions are appreciated. Thanks much Schwab and Fidelity have brick and mortar offices that may be a comfort for you and your wife. I am not partial to either one but I have funds at Fidelity and Vangua...
by dwickenh
Sun Apr 09, 2023 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated tax software?
Replies: 28
Views: 1980

Re: Estimated tax software?

Penguin wrote: Sun Apr 09, 2023 3:47 pm I like this:
https://www.dinkytown.net/java/1040-tax-calculator.html
It is simple and user friendly.
+1 This is my favorite one also.

Dan
by dwickenh
Tue Mar 28, 2023 9:46 am
Forum: Investing - Theory, News & General
Topic: Diversification for long term. Suggestions requested
Replies: 5
Views: 593

Re: Diversification for long term. Suggestions requested

I think you are ahead of the game compared to many your age!! Congrats for that. I wouldn't wait for QQQ to get to even if you really want to be in VTI instead. You are "anchoring" to your original investment. Better to take the tax loss harvest (if QQQ is in a taxable account) and move into your long term plan now. You are on a similar path as my son who is 36 and planning for Financial Independence at 45. I will relate to you what I tell him- Don't forget to enjoy your time from 36-45 as you only get one chance. Take some responsible trips that may be physically demanding while you can.

Dan
by dwickenh
Tue Mar 28, 2023 9:39 am
Forum: Personal Investments
Topic: One Size Fits All
Replies: 5
Views: 843

Re: One Size Fits All

I'm sure many responses may say you're missing the boat by not investing in individual treasuries, individual corporate bonds, and tips. I feel that if I needed to tweak my bond portfolio for additional return, these ideas may have some merit. I don't need the extra return just as you described and I value simplicity over complication or additional time constraints. I am "staying the course" with VBTLX as my RMDs currently match the duration of this fund. As I get closer to RMDs, I may shorten the duration to a short term index fund. YMMV

Dan
by dwickenh
Sat Mar 04, 2023 11:54 am
Forum: Investing - Theory, News & General
Topic: Where is everyone's ["safe asset"] allocation?
Replies: 96
Views: 12509

Re: Where is everyone's allocation

triggerfish10 wrote: Fri Feb 24, 2023 8:25 am
Last year I wish I had less of both!!! :confused
Then you were in luck - at the end of last year you did have less of both!
:D
by dwickenh
Mon Feb 27, 2023 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Where do you bank and why? 2023 Edition
Replies: 306
Views: 39066

Re: Where do you bank and why? 2023 Edition

Local bank for checking(Interest checking), Bask Bank for high yield savings.

Dan
by dwickenh
Thu Feb 23, 2023 9:09 am
Forum: Personal Investments
Topic: Canvas MYGA
Replies: 14
Views: 2019

Re: Canvas MYGA

Puritan Life Insurance Company of America is the annuity issuer and has a B++ rating. Surrender charges start at 9% in year 1 and goes to 5% at year 5. You have 30 days to cash out without surrender at 5 years. If you roll it into a new 5 year contract, the surrender value starts at 5% for year 1 and goes to 1% for the last year. For the difference between a 5 year CD at near 5% and this product, I'm not sure the extra 1.2 % interest is worth the gamble of
needing the money sooner than 5 years.

VW
by dwickenh
Thu Feb 23, 2023 8:56 am
Forum: Investing - Theory, News & General
Topic: Where is everyone's ["safe asset"] allocation?
Replies: 96
Views: 12509

Re: Where is everyone's allocation

abuss368 wrote: Wed Feb 22, 2023 9:27 am 35% Cryptocurrency
35% Active funds
30% Dave’s Bermuda Triangle Hedge Fund

😂🤣😂✈️✈️✈️

Best
Tony
You may have just given me nightmares!!!

Best to you Tony,

Dan
by dwickenh
Thu Feb 23, 2023 8:53 am
Forum: Personal Investments
Topic: VUSXX as an Alternative to Bank Savings Account
Replies: 95
Views: 23217

Re: VUSXX as an Alternative to Bank Savings Account

I just changed from a 250K (house purchase money)savings account at Bask Bank to VUSXX due to the tax break in Illinois for the Treasury fund. Interest rate was slightly higher with the fund, and it will save me 200-300 in state taxes.

Thanks OP for asking this question.

VW
by dwickenh
Thu Feb 23, 2023 8:49 am
Forum: Investing - Theory, News & General
Topic: Financial advisors - pros & cons
Replies: 41
Views: 4526

Re: Financial advisors - pros & cons

FriedOkra wrote: Thu Feb 23, 2023 6:18 am
john0608 wrote: Wed Feb 22, 2023 9:32 am - the typical 1% on 7 figure portfolios is $10,000 per million year after year so it adds up quickly for either basic advice or worse (account churning) - so , for example, if you have a $4mill portfolio they will scrape $40,000. per year.
Don't forget that all of that churn also generates additional transaction fees, commissions, and--yes--even wash sales because they aren't actually paying attention. Last year's Merrill experience left me with 1% in total (visible) fees on $1.7MM (not incl exorbitant ERs) even though our "negotiated" AUM fee was 0.85%.
I love that name of yours FriedOkra, From an Okra grower and lover of fried okra.

VW
by dwickenh
Thu Feb 23, 2023 8:42 am
Forum: Personal Investments
Topic: Where to put money from selling house?
Replies: 7
Views: 1041

Re: Where to put money from selling house?

Chardo wrote: Thu Feb 23, 2023 8:39 am Treasury money market funds are paying around 4.5% right now, zero risk, totally liquid.
+1

You may get a rate decline sooner with a money market fund, but liquidity may be worth it.
No penalty CD would do the same and you could nail the interest rate down for 1-2 years at
a time.

VW
by dwickenh
Wed Feb 22, 2023 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Which brokerage do you prefer, I have Fidelity and ETrade?
Replies: 74
Views: 6878

Re: Which brokerage do you prefer, I have Fidelity and ETrade?

I have Vanguard and Fidelity. I prefer Vanguard due to being familiar with the website and funds. Familiar does not mean it is better than Fidelity, just more familiar to me.
by dwickenh
Wed Feb 22, 2023 6:59 am
Forum: Investing - Theory, News & General
Topic: Where is everyone's ["safe asset"] allocation?
Replies: 96
Views: 12509

Re: Where is everyone's allocation

Still 50/50 after 7 years of retirement. Do I wish I had a crystal ball to know when to adjust my allocation? You bet, but I haven't found a ball that isn't cloudy 100% of the time. Usually half the time I wish I had more stocks, and half the time more bonds. Last year I wish I had less of both!!! :confused

VW
by dwickenh
Sun Jan 22, 2023 5:02 pm
Forum: Personal Investments
Topic: Total Bond or TIPS in my 401k?
Replies: 7
Views: 837

Re: Total Bond or TIPS in my 401k?

It doesn't have to be one or the other, I would invest in both depending on whether I felt I needed the inflation protection that tips offer.

VW
by dwickenh
Thu Jan 19, 2023 8:52 am
Forum: Personal Investments
Topic: EZ IRA contribution question
Replies: 4
Views: 364

Re: EZ IRA contribution question

You are correct as long as the income is earned income.
by dwickenh
Thu Jan 19, 2023 8:51 am
Forum: Investing - Theory, News & General
Topic: One Perspective on 2022
Replies: 3
Views: 1056

Re: One Perspective on 2022

Thank You OP for confirming your story as it resonates with a large portion of the posters here. You are correct about laying a good foundation for future years in your portfolio. I am wishing you the best of luck and returns in the future. "Just keep buying" is the best thing you can do once you are positioned in a low price indexed portfolio. I was able to retire early(61) with a modest income due to investing in low cost index funds. I did not start early in my life, but was able to gain traction in my mid 30s and accelerated into my 40s and 50s. I took advantage of catch-up contributions during bull and bear markets.

Best wishes,

Dan
by dwickenh
Sun Jan 15, 2023 9:02 am
Forum: Investing - Theory, News & General
Topic: Vanguard Client Level at $25 million
Replies: 82
Views: 15397

Re: Vanguard Client Level at $25 million

I cannot see why one would move to follow an adviser. All the adviser does is represent the firm. Our Vanguard rep is perfectly nice but I would not consider switching firms if they were to leave. You clearly never met my father. He followed his advisor through two firm changes. Dad's loyalty was to the person, not to the firm. I'm sure there are many others out there who think like my father thought. How can you trust a single person that much if he can't even reliably judge who he wants to work for long-term? He sounds like a flake (the "advisor"). You completely missed my point. I did not say that I admired my (late) father's investing behavior. I simply described it and said that there are many others like him. Respectfully, ...
by dwickenh
Sun Jan 15, 2023 8:45 am
Forum: Investing - Theory, News & General
Topic: Retirees, how do you classify your portfolio?
Replies: 32
Views: 3712

Re: Retirees, how do you classify your portfolio?

I am currently at 50/25/25 due to a large cash stash for a house purchase in Tennessee this year. Once the house is complete(being built now) I will have to revisit my allocation as it will be too aggressive less the large cash balance. I will re-adjust to 50/50 over the next year or two. I consider this to be a moderate allocation for a 68 year old retiree.

Dan
by dwickenh
Sun Jan 15, 2023 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance planning
Replies: 2
Views: 360

Re: Health insurance planning

I did the same thing, DW and I were 61 and 60 when I retired. She worked part time as a waitress with no health insurance. I kept cobra for 18 months (mine was free)and we went on the ACA after that. My way to control income was with a large taxable brokerage account with short term bond funds supplying cash for living along with about 30,000 in earned income from dividends and her part time wages. Doing this allowed us to pay 0 for our ACA plans and we had the maximum cost subsidies that reduced our OOP cost significantly. If you can live on 50k to 60k per year, this is doable with 120k as a cash bridge to Medicare. These numbers may not be a living income for you, but that is what is needed to reduce costs of ACA insurance to a minimum. Dan
by dwickenh
Sun Jan 15, 2023 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Which do you think is better and why Medicare Advantage or Medigap?
Replies: 206
Views: 20916

Re: Which do you think is better and why Medicare Advantage or Medigap?

Stinky wrote: Sun Jan 15, 2023 8:19 am Your particular location and Medicare Advantage plan can dictate whether MA makes sense for you.

My MA plan is run by the local Blue Cross, which has 100% of the hospitals and 99% of the doctors in my state “in network”. I get up to $1,000 annual dental benefits, eye exams and glasses, and prescription coverage with no premium beyond normal Part B. And, of course, out of pocket expenses are capped.

For me, I’m confident that my MA plan provides excellent benefits to me, and saves me money.

Everyone’s situation and experience differs.
+1 Thank you for this post!!
by dwickenh
Fri Jan 06, 2023 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Carry Over Losses when a Spouse Dies
Replies: 25
Views: 2587

Re: Carry Over Losses when a Spouse Dies

sport wrote: Fri Jan 06, 2023 9:04 pm
dwickenh wrote: Fri Jan 06, 2023 9:00 pm "If the capital loss carryover is attributable to an account owned by both spouses jointly, one-half of the carryover is allocated to the surviving spouse and can be used in future years while the half attributed to the decedent spouse is lost if not used in the year of death."

From Financial Symmetry
Yes, but I am asking about joint taxes on separately owned investments.
My Bad.

"If losses exceed these amounts, they can be carried forward to be taken in future years. However, when you die, any capital loss carryover is lost. It cannot be utilized by your estate or surviving spouse except in the final tax return filed for the year that you die."

This one from the same place.
by dwickenh
Fri Jan 06, 2023 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Carry Over Losses when a Spouse Dies
Replies: 25
Views: 2587

Re: Carry Over Losses when a Spouse Dies

"If the capital loss carryover is attributable to an account owned by both spouses jointly, one-half of the carryover is allocated to the surviving spouse and can be used in future years while the half attributed to the decedent spouse is lost if not used in the year of death."

From Financial Symmetry
by dwickenh
Thu Jan 05, 2023 7:00 pm
Forum: Personal Investments
Topic: Contemplating lowering 401k contributions - Reasons
Replies: 33
Views: 3618

Re: Contemplating lowering 401k contributions - Reasons

It seems your reasons can be easily discounted due to the large cash reserve you already have. I don't think stopping investing now is a good idea
when the market is on sale compared to last year. You will be surprised how hard it will be to start investing into the 401K once you quit doing the auto investments. If you are unhappy with the results this year, let's all hope it is a short term thing. I am in the keep investing corner and try to save for the house by spending less elsewhere. Easier said than done I know. Good luck with whatever you decide.

Dan
by dwickenh
Thu Jan 05, 2023 6:41 pm
Forum: Personal Consumer Issues
Topic: Toyota Sienna with Abnormal Tire Wear
Replies: 47
Views: 5077

Re: Toyota Sienna with Abnormal Tire Wear

A few things. The rear toe mis-alignment will make the vehicle "crab walk" very slightly. This is, the rear of the vehicle will be to one side when driving straight. A really GOOD alignment shop would be able to move things to give you slight changes there. As simple as loosening up the trailing arms, physically moving the rear suspension and then re-tightening can help. I don't know if your suspension has trailing arms, but pretty much any suspension has some slight adjustment when the manufacturer says no. A race shop would know how to do this but you're looking at probably $300 or more to do the work because of the time they're going to spend on this. What side of each front tire is worn? Both outside? Both inside? One of each...
by dwickenh
Thu Jan 05, 2023 6:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Customer Service Mega-thread
Replies: 1512
Views: 167377

Re: Vanguard has given up on Customer Service

Sounds like the right decision for you. I'm glad you got that off your chest and hopefully feel better about your dealings with Schwab.

Dan