Search found 61137 matches

by livesoft
Sun Jul 22, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Did I screwup and create a wash sale? First try at tax loss harvest
Replies: 21
Views: 1891

Re: Did I screwup and create a wash sale? First try at tax loss harvest

Another question about "getting the 2018 tax complexity over with": what happens if I don't go on to exhange ALL remaining taxable VTIAX for VTWAX ( sic, it's VFWAX right ?) this year? How will this affect my future returns? It seems like if I hold tight and do nothing more, I will need to correct ...
by livesoft
Sun Jul 22, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: My meeting with the Vanguard PAS [Personal Advisor Services]
Replies: 7
Views: 488

Re: My meeting with the Vanduard PAS

BoardOnline wrote:
Sun Jul 22, 2018 1:52 pm
For those of you that have retired what do you find the "true" number to be?
There is no general "true" number. I am living on about 20% of highest income before I retired.
by livesoft
Sun Jul 22, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: $540 a month on food for graduate student budget too much?
Replies: 70
Views: 4715

Re: $540 a month on food for graduate student budget too much?

My son has a crock pot, so I will pass that on to him.

But 4-5 days worth of beans for me is less than $1.20, so say dried beans costs 15 cents and the energy costs 20 cents, I'm not saving much if I use a manual can opener and a microwave, am I really?
by livesoft
Sun Jul 22, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Asset-allocation advice before I walk out that door
Replies: 2
Views: 169

Re: Asset-allocation advice before I walk out that door

It reads to me like you won't need to withdraw from the STAR fund in the taxable account at all in your lifetime. You could just give it away slowly to charity or fastly to charity. While I don't like to pay unnecessary taxes, I don't see paying taxes as a big deal. If you don't want to mess with ST...
by livesoft
Sun Jul 22, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: 5500-EZ form question for individual 401K
Replies: 5
Views: 283

Re: 5500-EZ form question for individual 401K

I really wonder if anybody ever looks at these reports. I think you're fine. I always list 2E, 2J, and 2R I could file the 5500 EZ but do the 5500-SF, because I can do it online, and get immediate confirmation that the form has been received. It looks more complicated, but if you're a single partic...
by livesoft
Sun Jul 22, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Smart Beta ETFs in my Roth IRA
Replies: 7
Views: 221

Re: Smart Beta ETFs in my Roth IRA

They may or they may not. It really doesn't matter what you, I, or anyone says or thinks. My experience in tilting heavily to small-cap and value ETFs tells me that buy-and-hold doesn't work as well as people think with these things. One must buy low and sell high in rebalancing moves because these ...
by livesoft
Sun Jul 22, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Liquidating Savings Bonds and 529 for college expenses - taxes
Replies: 4
Views: 150

Re: Liquidating Savings Bonds and 529 for college expenses - taxes

Kenkat wrote:
Sun Jul 22, 2018 1:08 pm
You won’t be able to use the American Opportunity Tax Credit because that only applies to 4 year undergrad degrees but there are other options such as the lifetime learning credit.
LLC is also discussed in Publication 970.
by livesoft
Sun Jul 22, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 48
Views: 1884

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

I just assumed your bags were filled with life-saving medical supplies for relatives at your destination. I didn't think it was a big deal at all.
by livesoft
Sun Jul 22, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Liquidating Savings Bonds and 529 for college expenses - taxes
Replies: 4
Views: 150

Re: Liquidating Savings Bonds and 529 for college expenses - taxes

Use tax prep software to fill out your Form 1040. There is so much to know that I don't think anyone can tell you with a simple answer everything you need to know. More simple answer: Read IRS Publication 970 on tax breaks for education. You know about the American Opportunity Tax Credit, right? In ...
by livesoft
Sun Jul 22, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term capital gains taxation question
Replies: 9
Views: 418

Re: Long-term capital gains taxation question

And as a real estate investor that is considering selling, said real estate investor should not use an internet forum to figure out the tax situation. They should use IRS.gov, tax prep software, tax forms, instructions to tax forms, and perhaps a tax professional to learn about taxes and double chec...
by livesoft
Sun Jul 22, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with tax-loss harvesting muni bonds
Replies: 3
Views: 151

Re: Help with tax-loss harvesting muni bonds

I didn't read all the OP's post. I read enough to learn that TLH seems to be a secondary reason of making the switch. Since they are a NYC resident, they should be using the NY triple-tax-exempt bond fund anyways, so that's the primary reason to make the switch.
by livesoft
Sun Jul 22, 2018 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter Harassed Because No Loans
Replies: 13
Views: 962

Re: Daughter Harassed Because No Loans

I have to chuckle. My kids didn't have loans in school and didn't have credit cards either. My son has no debt, but my daughter has a car loan. They have never related to me that they have been harassed. If your daughter has been harassed, then I doubt the root of the problem is no loans. Everybody ...
by livesoft
Sun Jul 22, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: How not to give up valuable tax advantage space?
Replies: 6
Views: 297

Re: How not to give up valuable tax advantage space?

Why not? Convert some of your spouse's tIRA to her Roth IRA. If she doesn't have a Roth IRA, so what because she will have one as part of the conversion process. Where does that end up on your tax return?
by livesoft
Sun Jul 22, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: How not to give up valuable tax advantage space?
Replies: 6
Views: 297

Re: How not to give up valuable tax advantage space?

Convert some tIRA holdings to Roth IRA.
by livesoft
Sun Jul 22, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Long-term capital gains taxation question
Replies: 9
Views: 418

Re: Long-term capital gains taxation question

Have you thought about what the standard deduction does for you and your tax return? There is income, adjusted gross income, and taxable income. And as you have figured out, there are different kinds of taxable income. I doubt you would end up paying 15% on the entire amount of long-term capital gai...
by livesoft
Sun Jul 22, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: WSJ Article on Aging -- Scary Stuff..
Replies: 16
Views: 1283

Re: WSJ Article on Aging -- Scary Stuff..

A disabled neighbor of mine is collecting on a platinum-level long-term care insurance. She has 24/7 in-home aides to help her. That does not make life pleasant for her. Life is still scary and very unpleasant for her. She has many things to worry about.
by livesoft
Sun Jul 22, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: WSJ Article on Aging -- Scary Stuff..
Replies: 16
Views: 1283

Re: WSJ Article on Aging -- Scary Stuff..

I read the article. Perhaps the elderly and their children didn't know that this was how things have always been. It doesn't seem that anything has changed in 40 years since I worked in the eldercare field. Since we have gotten along in the past 40 years, I think we will get along in the next 40 yea...
by livesoft
Sun Jul 22, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Large sum to invest, risk aversion high today = 30/70. What are the risks relaxing to say 50/50 should markets change?
Replies: 13
Views: 903

Re: Large sum to invest, risk aversion high today = 30/70. What are the risks relaxing to say 50/50 should markets chang

One can do the math about going from 30/70 to 50/50.

With 30% equities and equities losing 50% of their value, one's portfolio might drop 15%.
With 50% equities and equities losing 50% of their value, one's portfolio might drop 25%.

In either case, you would still be a multimillionaire.
by livesoft
Sun Jul 22, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Large sum to invest, risk aversion high today = 30/70. What are the risks relaxing to say 50/50 should markets change?
Replies: 13
Views: 903

Re: Large sum to invest, risk aversion high today = 30/70. What are the risks relaxing to say 50/50 should markets chang

It reads to me like you cannot be helped. Just stick with Treasury bills for awhile and you will be fine.

I write this because you gave no hint that you are ready to change.
by livesoft
Sun Jul 22, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Schwab bid/ask spread
Replies: 17
Views: 1301

Re: Schwab bid/ask spread

I don't know if the trading desk can benefit you, but in your situation you can do the experiment yourself a few times and see.

I'd treat it as a form of entertainment since it would cost about the same as going to a movie and dinner before.
by livesoft
Sun Jul 22, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Did I screwup and create a wash sale? First try at tax loss harvest
Replies: 21
Views: 1891

Re: Did I screwup and create a wash sale? First try at tax loss harvest

I read livesoft's big live TLH thread, and on going back into my transaction history I might have screwed up big time. I converted 11k worth of VTSAX to VTIAX in my spouse's Roth IRA within 30 days of the 07/02/2018 sale where I was trying to harvest $3400 of losses. I'm pretty disheartened at this...
by livesoft
Sun Jul 22, 2018 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Schwab bid/ask spread
Replies: 17
Views: 1301

Re: Schwab bid/ask spread

Since you won't be making average trades, I don't think average bid/ask spreads will apply to you. I think you should be able to get other people to pay the full spread most of the time. You should collect the data the find out even if you switch brokers or use different ETFs. And if can, please pos...
by livesoft
Sun Jul 22, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Schwab bid/ask spread
Replies: 17
Views: 1301

Re: Schwab bid/ask spread

^If I was in your situation, I would not worry about historical average bid/ask spreads. Instead, I would worry about the spreads I was actually paying. The reason is that you do not seem to be trading what I will call standard order sizes. Have you investigated what the spreads are that you have be...
by livesoft
Sun Jul 22, 2018 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Setting up dedicated computer for investment/finance
Replies: 10
Views: 1083

Re: Setting up dedicated computer for investment/finance

Always boot up in Safe Mode without Networking.
by livesoft
Sun Jul 22, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Am I secure using my computer for financial services?
Replies: 10
Views: 846

Re: Am I secure using my computer for financial services?

You are secure, but the other end (your financial services companies) are not secure, so there is still risk.

You will never be able to eliminate all risk.
by livesoft
Sat Jul 21, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Morningstar ratings please!
Replies: 14
Views: 695

Re: Help me understand Morningstar ratings please!

And by the same token, be careful with using Portfolio Visualizer results. I've seen lots of folks at bogleheads.org totally enamored with using past performance from backtesting with PV in their decision making.
by livesoft
Sat Jul 21, 2018 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Since ETFs will be free to trade at VG - any better choices for small/value besides VBR/VSS?
Replies: 11
Views: 1142

Re: Since ETFs will be free to trade at VG - any better choices for small/value besides VBR/VSS?

Be careful what you wish for. :) I own VSS, DLS, DGS, IJS, and VBR. Together they make up about 50% of my equities. But now my spouse has a 401(k) with DFCEX (core EM, including small-caps) and DFSTX (core US small-caps), so we have an opportunity to use even more funds in this "space." Would anybod...
by livesoft
Sat Jul 21, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: $1200 AC fix on a 2007 Civic
Replies: 22
Views: 1408

Re: $1200 AC fix on a 2007 Civic

We are in the same predicament, but we are giving the broken car (vintage 2006) to one of our children. They can probably drive it for another couple of years, so $1200 would be just $600 a year added cost. Are they going to roll the windows down, or fix the A/C? You know, I don't know and I really...
by livesoft
Sat Jul 21, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: $1200 AC fix on a 2007 Civic
Replies: 22
Views: 1408

Re: $1200 AC fix on a 2007 Civic

We are in the same predicament, but we are giving the broken car (vintage 2006) to one of our children. They can probably drive it for another couple of years, so $1200 would be just $600 a year added cost.
by livesoft
Sat Jul 21, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: 403B rollover to IRA ? on what to do with it, want just one mutual ?
Replies: 18
Views: 609

Re: 403B rollover to IRA ? on what to do with it, want just one mutual ?

I just explained what BIL is and you quoted back to me what BIL is.
by livesoft
Sat Jul 21, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: Learning the Boglehead way
Replies: 4
Views: 389

Re: Learning the Boglehead way

I think you will not get to the ends of the books. You might stop earlier and think, "Is that all there is to it?" And the answer is, "Yes, that's all there is."
by livesoft
Sat Jul 21, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Morningstar ratings please!
Replies: 14
Views: 695

Re: Help me understand Morningstar ratings please!

I can't help you understand morningstar ratings because they are virtually useless. I think that's all you need to know about them. Index funds that track their index will almost always get 3-stars. The managers of DODFX can guess for themselves if emerging markets are going to be great or not. If t...
by livesoft
Sat Jul 21, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 8127

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

GrowthSeeker wrote:
Sat Jul 21, 2018 2:20 pm
As others have stated, the basis is "stepped up" to the closing price on the date of death.
I know closing price works for mutual funds, but does it work for an individual stock? Or is it the average price between the high and low prices of the trading day?
by livesoft
Sat Jul 21, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: "All-Weather Portfolio" - Not much info
Replies: 13
Views: 1071

Re: "All-Weather Portfolio" - Not much info

It's a "Past-Weather Portfolio" anyways.
by livesoft
Sat Jul 21, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: 403B rollover to IRA ? on what to do with it, want just one mutual ?
Replies: 18
Views: 609

Re: 403B rollover to IRA ? on what to do with it, want just one mutual ?

I keep cash at a minimum at TDAmeritrade. I buy BIL and FLRN which are close enough to money market funds to me, highly liquid, and pay decent yields. While BIL is T-bills, one could buy T-bills directly, too.
by livesoft
Sat Jul 21, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Closing Wealthfront and Betterment accounts: Guidance requested
Replies: 13
Views: 1176

Re: Closing Wealthfront and Betterment accounts: Guidance requested

If the OP closes the accounts, the money has to leave the accounts and go somewhere. :) Might as well go to a checking account and from there directly into the desired investment account of choice. As for the idea to just stop investing in those accounts and not close them, I think that is a bad ide...
by livesoft
Sat Jul 21, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: 403B rollover to IRA ? on what to do with it, want just one mutual ?
Replies: 18
Views: 609

Re: 403B rollover to IRA ? on what to do with it, want just one mutual ?

What do you mean by "cash at TDA"? Is that just sitting in something that pays 0.01% interest?
by livesoft
Sat Jul 21, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Ticker for a fund tracking MSCI ACWI Ex US?
Replies: 7
Views: 282

Re: Ticker for a fund tracking MSCI ACWI Ex US?

No, I don't think so since ACWI is all the world with the US included. The X is for ex-US, but it is easy to type the ticker symbol into any browser.
by livesoft
Sat Jul 21, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: Wine chiller
Replies: 9
Views: 482

Re: Wine chiller

SixAlpha wrote:
Sat Jul 21, 2018 7:14 am
I work part time at a wine shop. We always tell people to half-submerge the bottle in a bucket of ice. Rotate the bottle periodically if it’s sitting at an angle. Works just as fast as fancy wine chillers.
Yes, that's what I wrote, but without the physics.
by livesoft
Sat Jul 21, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: Garage door experts
Replies: 19
Views: 1216

Re: Garage door experts

Please take a moment and watch the youtube.com videos on all this. Seriously. A video or two will show you how to raise and lower your garage door safely manually.
by livesoft
Sat Jul 21, 2018 12:33 am
Forum: Investing - Theory, News & General
Topic: Rethinking bond fund
Replies: 13
Views: 986

Re: Rethinking bond fund

My thoughts haven't changed: Do what you want to do. I presume you are a consenting adult. You will live with the consequences whatever they are. If you are right, the consequences are minor; if you are wrong the consequences are minor. In the end messing around with bond funds, CDs, and other fixed...
by livesoft
Sat Jul 21, 2018 12:03 am
Forum: Investing - Help with Personal Investments
Topic: DIY pitfalls?
Replies: 6
Views: 497

Re: DIY pitfalls?

Once again, inherited taxable investments are all long-term. See IRS.gov. There are no short-term assets here.
by livesoft
Fri Jul 20, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: DIY pitfalls?
Replies: 6
Views: 497

Re: DIY pitfalls?

Here is what I think: 1. No issue for you. All inherited assets are considered long-term held even if held for one day. I think grabiner wrote something about 6-months which he can comment on which may be throwing you off. I don't think there is such a rule as you envision it. There is something abo...
by livesoft
Fri Jul 20, 2018 6:36 pm
Forum: Personal Consumer Issues
Topic: Wine chiller
Replies: 9
Views: 482

Re: Wine chiller

Heat transfer is just a matter of physics. You want to transfer the kinetic energy of every molecule of wine in the bottle to the glass bottle's molecules and at the same time transfer the kinetic energy of the glass bottle's molecules to something on the outside of the bottle such as cold water mol...
by livesoft
Fri Jul 20, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: Good Books on Investment?
Replies: 14
Views: 803

Re: Good Books on Investment?

Oh, so you read Jason Zweig and will follow his advice. That's not the advice of Benjamin Graham who died in 1976 which was the same year that the first retail index fund was available I think although an institutional index fund was available before that year. Mr Zweig did a good job subverting Gra...
by livesoft
Fri Jul 20, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: College Saving Plans - Options
Replies: 10
Views: 741

Re: College Saving Plans - Options

Not only should you open a Roth IRA first, but your spouse should open a Roth IRA as well. And both should contribute the maximum allowed every year to the Roth IRAs before considering 529 plans. But after that, 529 plans are great for the folks who can contribute to them. One thing that people don'...
by livesoft
Fri Jul 20, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 48
Views: 1884

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

Whatever happens, I will look forward to what the OP actually did, so I hope they report back after they get all the way home from their trip.
by livesoft
Fri Jul 20, 2018 5:23 pm
Forum: Investing - Theory, News & General
Topic: Index-ish fund that lacks FAANG?
Replies: 28
Views: 2077

Re: Index-ish fund that lacks FAANG?

^I would not do what the OP wants to do, nor would I short an ETF of some FAANG stocks nor short some individual stocks.

Indeed, I would even overweight things by owning some MTUM which I consider large-cap growth.

Full disclosure: I own some MTUM. :twisted:
by livesoft
Fri Jul 20, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing 403(b) expense ratios
Replies: 7
Views: 253

Re: Optimizing 403(b) expense ratios

oncodoc wrote:
Fri Jul 20, 2018 4:58 pm
What do you think about potential for tax drag in the taxable account?
Tell me what the tax drag will be first. See, e.g., viewtopic.php?t=242137