Search found 57970 matches

by livesoft
Wed Jan 17, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 14
Views: 807

Re: Recent market gains

Bitcoin profits
by livesoft
Wed Jan 17, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Form 8606 filed preemptively before funding IRA
Replies: 6
Views: 274

Re: Form 8606 filed preemptively before funding IRA

Vanguard does not have anything to do with these forms.
by livesoft
Wed Jan 17, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 179
Views: 19600

Re: Case study Broker trade executions

Since trades are free one can submit 3 or 4 orders of $25K to $50K each with no worries within seconds of each of them. Or submit non marketable limit orders then change them to market orders one at a time. After all, if you are going to be making big trades, then you might as well have some fun exp...
by livesoft
Wed Jan 17, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 179
Views: 19600

Re: Case study Broker trade executions

Yes, VEA, VWO, and VNQ are all darlings of day traders and very liquid.
by livesoft
Wed Jan 17, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: A question that keeps coming to my head
Replies: 13
Views: 971

Re: A question that keeps coming to my head

What is the same for both portfolios?

We cannot predict the future performance of both of them.
by livesoft
Wed Jan 17, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Form 1099-R IRA/SEP/SIMPLE box affecting refund
Replies: 23
Views: 568

Re: Form 1099-R IRA/SEP/SIMPLE box affecting refund

I tend not to treat as fact what is sometimes reported since very often people add later: Oooops, ....
by livesoft
Wed Jan 17, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing bands tighter than 5 / 25?
Replies: 9
Views: 514

Re: Rebalancing bands tighter than 5 / 25?

I think it is ok to have tighter than 5% bands. You can test this for yourself by comparing to a benchmark. Do you beat your benxhmark? Then you are doing ok.
by livesoft
Wed Jan 17, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Form 1099-R IRA/SEP/SIMPLE box affecting refund
Replies: 23
Views: 568

Re: Form 1099-R IRA/SEP/SIMPLE box affecting refund

Here is another idea: if you have a basis in your IRA , then part of a Roth conversion is not taxable, but that will not be the case with a pension. So unchecking the "IRA" box will remove any IRA basis calculation and create a higher AGI.
by livesoft
Wed Jan 17, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Make me feel good about my bond allocation
Replies: 12
Views: 744

Re: Make me feel good about my bond allocation

Don't compare to s&p500. Compare to VSMGX instead.
by livesoft
Wed Jan 17, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Form 1099-R IRA/SEP/SIMPLE box affecting refund
Replies: 23
Views: 568

Re: Form 1099-R IRA/SEP/SIMPLE box affecting refund

A taxable Roth conversion increases my sales tax deduction with HRBlock tax prep software.
by livesoft
Wed Jan 17, 2018 10:18 am
Forum: Personal Finance (Not Investing)
Topic: 1099-R Question
Replies: 5
Views: 602

Re: 1099-R Question

What Alan S. describes is found in the instructions to Form 8606 which are well worth reading and understanding. Even the text of the explanatory statement is given. There are a number of threads where TT made mistakes on this form posted on the forum, too. A.good rule of thumb is to understand what...
by livesoft
Wed Jan 17, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Is there a reason I can't do a single-transaction rebalance in my IRAs?
Replies: 3
Views: 378

Re: Is there a reason I can't do a single-transaction rebalance in my IRAs?

Neither I nor my spouse ever had a 401k that did this. We would never want to use such a feature either. However, 401k plans usually have no initial minimums for each fund, but other accounts do. Also other accounts could have other kinds of investments than mutual funds. I imagine a one step rebala...
by livesoft
Wed Jan 17, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Form 1099-R IRA/SEP/SIMPLE box affecting refund
Replies: 23
Views: 568

Re: Form 1099-R IRA/SEP/SIMPLE box affecting refund

Refund. Refund! REFUND! So your refund went from $100 to $85. Your taxable income would've changed by more than that. Sales tax deduction includes Roth conversion as part of your income for calculating the amount from income, but not rollovers. So change deduction, means change taxable income means ...
by livesoft
Wed Jan 17, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Form 1099-R IRA/SEP/SIMPLE box affecting refund
Replies: 23
Views: 568

Re: Form 1099-R IRA/SEP/SIMPLE box affecting refund

I am going to say that we cannot tell you because it will depend on what else you did on your tax return when you switched an ira withdrawal to a 401k direct roll over or to a recharacterization.i
by livesoft
Wed Jan 17, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Advice on 100K in WF accounts
Replies: 1
Views: 207

Re: Advice on 100K in WF accounts

At least WF got you thinking about this. I would avoid any communication with the in-house WF sales rep except to tell them, "No thank you. I understand Wells Fargo has the Wells Trade discount broker where I don't have to pay you any fees. And I will get free checking and never have to pay this ban...
by livesoft
Wed Jan 17, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Question about 1099R
Replies: 4
Views: 384

Re: Question about 1099R

My spouse received something similar when her previous employer was sold. It was the money from another plan at the employer, an ESOP or something. She got a check for it that she forgot that she received and had never cashed it.

You have to talk to your former employer and 401k administrator.
by livesoft
Tue Jan 16, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: rebalancing in a taxable account
Replies: 8
Views: 873

Re: rebalancing in a taxable account

You are not overthinking it because it appears there is no other way out ... unless ... You donate shares with LTCG to your Donor Advised Fund (they were all the rage in the last week of December) ... or ... Give some shares to others (like me or maybe family members) who can benefit while being in ...
by livesoft
Tue Jan 16, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Got raise. Taxes taking 41% of it?
Replies: 30
Views: 3600

Re: Got raise. Taxes taking 41% of it?

The OP could put the entire raise into their 401(k) and thus not have 41% taken out.
by livesoft
Tue Jan 16, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to max out 401k
Replies: 15
Views: 1037

Re: How to max out 401k

True-up is important because if your company does not do the true-up and only matches on a per paycheck basis, then getting the maximum possible match is more difficult than contributing the maximum possible to the 401(k). That's because if one hits the maximum possible deferral (aka employee contri...
by livesoft
Tue Jan 16, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2285

Re: Vanguard Tax Forms Now Online

I'd rather have my 1099s done right the first time than to be the first on my block to file my tax return. But every year on bogleheads.org it's like kicking an ant nest when the 1099s come out. Everybody knows there are mistakes in them and everybody knows they don't really need to get them until M...
by livesoft
Tue Jan 16, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2285

Re: Vanguard Tax Forms Now Online

Am I missing something ??? Yes, get better tax software which will help guide you when Box 2A is empty and 2B checked, so that you do not need to put a number in Box 2A. Also tax software does not stop one from reading the IRS instructions. And yes, financial institutions send out incorrect 1099s a...
by livesoft
Tue Jan 16, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets equities went sideways for 50 years 1920-70
Replies: 24
Views: 1938

Re: Emerging Markets equities went sideways for 50 years 1920-70

Please name the top 10 EM stocks available in 1920, 1930, 1940, 1950. If there were less than 10 total EM stocks, just name them instead. Let's see what we are really talking about here. Thanks!
by livesoft
Tue Jan 16, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 179
Views: 19600

Re: Case study Broker trade executions

^Thanks for that info. Re: MOC. There are issues with MOC orders, so I would avoid them myself. But your broker will do executions at the market opening cross without any special order as has been shown in this thread. That is, one doesn't specify market-on-open orders if they want to execute at the...
by livesoft
Tue Jan 16, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Tax implications of rebalancing
Replies: 7
Views: 487

Re: Tax implications of rebalancing

Yes, this will create taxes for you unless your taxable income is so low that you won't pay taxes which is possible. I would not buy Wellesley in a taxable account unless you like to pay even more taxes. That fund is actively managed and what I would call moderately tax-inefficient. If we knew a lot...
by livesoft
Tue Jan 16, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: How can I become a better consumer?
Replies: 16
Views: 1246

Re: How can I become a better consumer?

I have a few rules: 1. No new technology unless an old piece of tech gets tossed. This means constant number of devices which is basically laptop and phone. No new gizmos. 2. Only buy food, so it comes in the house and out of the house via the toilet. Otherwise, no new stuff in the house. 3. One can...
by livesoft
Tue Jan 16, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Gifted $1,000: Max out Roth or go towards smaller balances on credit cards?
Replies: 10
Views: 412

Re: Gifted $1,000: Max out Roth or go towards smaller balances on credit cards?

In this situation, I would ask the person who gave you the $1,000 what they intended for you to do with the money. It should make them feel better.
by livesoft
Tue Jan 16, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: rebalancing
Replies: 5
Views: 278

Re: rebalancing

Rebalance in a non-taxable account? Don't buy bonds? Instead buy CDs or something like them. Another thing for the future: If you are automatically reinvesting dividends paid by an equity fund back into the same equity fund, don't do that. Instead, manually decide where the dividend the be invested.
by livesoft
Tue Jan 16, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 21
Views: 858

Re: pros and cons of target date funds?

jayk238 wrote:
Tue Jan 16, 2018 12:52 pm
Why are bonds preferred in tax advantaged accounts.
That's not quite what I wrote. The details matter.
How does tax harvesting work if im not constantly paying attention to it.
See https://www.bogleheads.org/wiki/Tax_loss_harvesting
by livesoft
Tue Jan 16, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: In this case, put bonds in taxable?
Replies: 10
Views: 683

Re: In this case, put bonds in taxable?

1. The 3.8% tax is explained here: https://www.irs.gov/newsroom/net-investment-income-tax-faqs It seems to apply to a single filer who has more than $200k of investment income in a year. If I sold half of each individual stock position, when those positions are more than 90% capital gains, I’d have...
by livesoft
Tue Jan 16, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Best way to sell ETF in one account, buy it in another
Replies: 10
Views: 808

Re: Best way to sell ETF in one account, buy it in another

Thanks for putting your test in the case study thread, much obliged.

Yes, I see that limit orders would give one partial "peace of mind" and really cause no harm as long as both execute.
by livesoft
Tue Jan 16, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Best way to sell ETF in one account, buy it in another
Replies: 10
Views: 808

Re: Best way to sell ETF in one account, buy it in another

You can only do that if your limit prices are set right. I set my limit prices wrong in this post , but it worked out to my advantage. You can do the opening cross with market orders and have it always work. And thanks for the experiment and the results. Maybe add them to the "Case study" thread, to...
by livesoft
Tue Jan 16, 2018 10:43 am
Forum: Investing - Help with Personal Investments
Topic: In this case, put bonds in taxable?
Replies: 10
Views: 683

Re: In this case, put bonds in taxable?

I would do what I am actually doing now: 1. 100% equities in taxable account. 2. All bonds go in tax-deferred. 3. Conversions to Roth IRA happening. 4. Taxes on qualified dividends and realized long-term capital gains taxed at 0% because I keep taxable income low. 5. Did I say this: Zero bonds in ta...
by livesoft
Tue Jan 16, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Paying for college
Replies: 13
Views: 857

Re: Paying for college

Yes, AOTC for 4 years, then Lifetime Learning Credit for the other years. If all bills paid in 4 years, then that reduces credits.
by livesoft
Tue Jan 16, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 81
Views: 4795

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Really big days are more extreme than this. But the recent gains are quite nice and nothing to sneer at.
by livesoft
Tue Jan 16, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 81
Views: 4795

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

It was the beginning of 2015, so not that long ago. Or the last 2 weeks of 2013. Or ....

Basically, it is a pretty routine phenomenon.

The light bulb is always on in my head.
by livesoft
Tue Jan 16, 2018 9:24 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 95
Views: 9949

Re: GE and the myth of "safe blue-chip stocks"

German Expat wrote:
Tue Jan 16, 2018 9:09 am
Another bad news day for GE:
And appropriate application of the adjective "adverse" by analyst in the attached article.
by livesoft
Tue Jan 16, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 21
Views: 858

Re: pros and cons of target date funds?

I didn't see the word "tax" mentioned in this thread as I started typing this, so here goes ... I think the main con to target date funds has to do with a tax situation that does not apply to all investors, namely a taxable account. A target date fund has some fixed income thus can have more ordinar...
by livesoft
Tue Jan 16, 2018 6:50 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio
Replies: 3
Views: 521

Re: Vanguard Portfolio

https://www.bogleheads.org/wiki/Three-fund_portfolio A Vanguard Target Retirement fund of your choice A Vanguard LifeStrategy fund of your choice For myself, I want investments that will do well when I own them. I sort of don't care about investments that have done well in the past. You probably are...
by livesoft
Tue Jan 16, 2018 6:31 am
Forum: Investing - Help with Personal Investments
Topic: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?
Replies: 5
Views: 391

Re: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?

Where are Roth IRA held at? I assumed Vanguard, so VSS in them is no-commission.
I was thinking

Roth sell some VTSMX and buy VSS. You can do just one Roth. That way, you can keep one fund in an account and not do 2 funds in one account.
HSA buy SPTM to substitute for VTSMX sold in Roth.
by livesoft
Mon Jan 15, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Predict round number for a major index? Who cares? Predict Livesoft 60,000 instead.
Replies: 3
Views: 480

Re: Predict round number for a major index? Who cares? Predict Livesoft 60,000 instead.

I can manipulate my posts and even make my post count go down, so it would all be rigged. Don't do this.
by livesoft
Mon Jan 15, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?
Replies: 5
Views: 391

Re: Should we use ROTH & HSA funds for VSS/VEU - Rebalancing - Asset Allocation

If you are using TDAmeritrade for VSS, may I suggest using DLS instead? And maybe add DGS to that? They should be on the no-commission list. But I guess you are not, so nevermind. I cannot tell what's really going on. It seems you are going to convert tIRAs to Roths this month, but you are not going...
by livesoft
Mon Jan 15, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: Advice On A Tour From Port Canaveral To Kennedy Space Center
Replies: 14
Views: 654

Re: Advice On A Tour From Port Canaveral To Kennedy Space Center

My brother wrote software for the space shuttle, so he arranged a VIP tour of KSC when Mom took us all on a cruise. I don't think our particular VIP tour was anything special, but we didn't have to do anything except just show up which was nice. Atlantis was visible pre-launch.
by livesoft
Mon Jan 15, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Paying for college
Replies: 13
Views: 857

Re: Paying for college

Dig deeper by reading Pub 970. I think paying for college with UTMA would also qualify for tax credits, but they would go on daughter's tax return which could be good or bad. I don't know about trusts and trust tax returns nor how credits would work on that. I would try to get the mostest credits wh...
by livesoft
Mon Jan 15, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Paying for college
Replies: 13
Views: 857

Re: Paying for college

Not quite. I would find out who (you or student) can get the tax credits and how.
by livesoft
Mon Jan 15, 2018 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fired my VPA, Portfolio Critique
Replies: 12
Views: 1016

Re: Fired my VPA, Portfolio Critique

I suggest the traditional TSP to save you 25% on taxes because in early retirement or regular retirement it is very unlikely that your tax rate will be that high. The tax savings now are a better deal. You already got a Roth and taxable account going, too, so I think it is even more likely that you ...
by livesoft
Mon Jan 15, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Paying for college
Replies: 13
Views: 857

Re: Paying for college

You just said grad school is probably in the works. Also, unless she graduates early you will have 5 tax years of undergraduate to work with. $140K of 529 and UGMA will easily pay for 4 years of $40K per school year. I suggest you explore if the Trust money can be used to get education tax credits f...
by livesoft
Mon Jan 15, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Jumping in when the market is high
Replies: 24
Views: 1588

Re: Portfolio Advice - Jumping in when the market is high

I think those articles are not what people really do. You can select the Target Date fund that matches the allocation that you want. In tax-advantaged accounts, you can switch at any time without tax consequences. You will probably change your mind several times over the course of your investing lif...
by livesoft
Mon Jan 15, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Paying for college
Replies: 13
Views: 857

Re: Paying for college

College is about $40,000/year. 529 plan has $70,000; UGMA has $70,000; trust has $140,000.I also see graduate school in her future. Then why are the 529 and UTMA invested so totally conservatively? It seems that your daughter will be paying herself more than half her support and she will not be you...