Search found 56238 matches

by livesoft
Mon Nov 20, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?
Replies: 5
Views: 456

Re: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?

I think you are on your own with this -- except for maybe the possibility of help from your spouse. Have you asked her?

The neat thing is that it doesn't matter what you try since you can always change it. So why not try LifeStrategy Moderate Growth VSMGX?
by livesoft
Mon Nov 20, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my portfolio?
Replies: 2
Views: 132

Re: Thoughts on my portfolio?

Your presented list of ETFs is well within what is typically seen on this forum.

There has to be overlap between QQQ and VOO, right?

You are missing small-cap foreign. QQQ is no substitute for small/mid-cap US.
by livesoft
Mon Nov 20, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 24
Views: 749

Re: Uber for someone who knows only taxis

Just make sure you get into the right car: The one that you have agreed to use. Check car make/color, driver name, etc.
by livesoft
Mon Nov 20, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 22
Views: 1045

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

Whenever one sells at Average Cost, one sells shares FIFO. One can also sell with Specific ID and identify the shares to shares FIFO. FIFO is a method of identifying shares for record keeping. It is not a cost basis method. I can also say this: If you sell the first shares you bought, what is the co...
by livesoft
Mon Nov 20, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 24
Views: 749

Re: Uber for someone who knows only taxis

I'm not so experienced with Uber, but very experienced with taxis worldwide. I have used Uber in San Francisco a few times with no issues including weird hours. Also on Long Island in the suburbs. I used Didi Chuxing in China for a 1 hour trip which was excellent. My daughter uses Uber all the time ...
by livesoft
Sun Nov 19, 2017 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Reducing Costs with 401k with Fidelity
Replies: 3
Views: 249

Re: Reducing Costs with 401k with Fidelity

Here is some information: https://www.bogleheads.org/wiki/Fidelity

And see also: https://www.bogleheads.org/wiki/Approxi ... ock_market

The fund 1. you listed is also a commingled pool and not strictly a mutual fund.
by livesoft
Sun Nov 19, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3176

Re: Oregon makes you save, unless you object. NYT article

OK, consider this a starter program with starter accounts. Suppose Oregon forced people into IRAs when their balances reached $1,000? Wouldn't there be a clamoring by financial sharks institutions to capture that money? But as we know, there would be almost no inertia to change to something with low...
by livesoft
Sun Nov 19, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3176

Re: Oregon makes you save, unless you object. NYT article

I agree that nudging is worth it. I'm only asking if this was the best nudge. Suppose the money spent by the state of Oregon went into showing people how to do direct deposit into an IRA? That might have started a trend that other states could copy.
by livesoft
Sun Nov 19, 2017 3:08 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3176

Re: Oregon makes you save, unless you object. NYT article

It is kind of a tragedy that folks in the legislature and elsewhere ended up on a high horse. One day after the Oregon plan fails, maybe they will explain. I am really surprised that the NYTimes author doesn't mention methods for saving for retirement with low lower cost and better or equal benefits...
by livesoft
Sun Nov 19, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3176

Re: Oregon makes you save, unless you object. NYT article

^OK, record keeping can be expensive, but the alternative of just opening an IRA seems to avoid all those fees, doesn't it?
by livesoft
Sun Nov 19, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Best Method To Correct Roth IRA Excess Contributions
Replies: 7
Views: 279

Re: Best Method To Correct Roth IRA Excess Contributions

What will be your eligible Roth IRA contribution in 2018? A few years ago, we simply paid the excise tax for overcontribution and then said the it was fixed when we were eligible to contribute the next year. The reason we did this was that our Roth IRAs had gone up substantially during the year. So ...
by livesoft
Sun Nov 19, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: Book for new college graduate
Replies: 17
Views: 780

Re: Book for new college graduate

New college graduates would do well to read IRS Publication 17. It's free.
by livesoft
Sun Nov 19, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options
Replies: 18
Views: 740

Re: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options

stan1 wrote:
Sun Nov 19, 2017 1:31 pm
Very few people actually do 1 to 1.
I am one of those people.
by livesoft
Sun Nov 19, 2017 1:44 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3176

Re: Oregon makes you save, unless you object. NYT article

Question for those who run a small business (like the hair salon in the article): what is the cost for the employer to set up a low cost (to employees) retirement plan? I think the cost is $0.00 to tell employees that they should open an IRA someplace. Consider that a married couple could be $11,00...
by livesoft
Sun Nov 19, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Question about Vanguard Total Bond Market ETF (BND)
Replies: 8
Views: 730

Re: Question about Vanguard Total Bond Market ETF (BND)

My bond allocation is split between Total Bond Market Index and Short-term corporate bond index. I think my current bond fund allocation is about 60:40 between these two funds, but it changes often and in a big way. Why? No particular reason, but I have traded term-risk for credit-risk. I also use t...
by livesoft
Sun Nov 19, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options
Replies: 18
Views: 740

Re: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options

For VSS, I would not hold it in a taxable account, so I don't have to TLH it. But if I did I would sell VSS at a loss and buy some large-cap international. Then new contributions would go into VSS after 30 days. Or I would exchange back into VSS if the VEU or VEA that I bought has a loss in that 30 ...
by livesoft
Sun Nov 19, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: How to take income from IRA?
Replies: 8
Views: 479

Re: How to take income from IRA?

While it doesn't matter much, I think many people just sell some shares that exceed the portfolio percentages that they desire from their well-thought-out asset allocation plan and that cost the least fees (i.e. should be no cost) to sell. For example, equities are up about 20% in 2017, but bonds ar...
by livesoft
Sun Nov 19, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: Experience with 401K "Self Directed Brokerage Account"
Replies: 9
Views: 581

Re: Experience with 401K "Self Directed Brokerage Account"

I was a fiduciary for my corporate 401(k) plan before I retired. It didn't bother me at all.
by livesoft
Sun Nov 19, 2017 1:02 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3176

Re: Oregon makes you save, unless you object. NYT article

@TravelforFun, all good points that you made. As for the $2 billion funding requirements, I am not sure how much the AOTC $2500 a year for 4 years costs, but I am glad that I made almost $20,000 from that government largesse. I would use some money going to AOTC to pay for a plan like I suggested. :...
by livesoft
Sun Nov 19, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: Dormant Bank Accounts
Replies: 2
Views: 340

Re: Dormant Bank Accounts

I had a dormant bank account at USAA closed. At first, USAA said the money was escheated to the State as per dormant account rules, but they lied to me. We have none of these savings account things, so we have put that fact in notes to our wills, so that our potential heirs don't waste time looking ...
by livesoft
Sun Nov 19, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 3176

Re: Oregon makes you save, unless you object. NYT article

I was appalled by the fee as well. They act like they are doing everyone a favor, but one could also set up direct deposit to a low-expense-ratio Vanguard IRA. Of course, I realize that some payrolls are by check still and not direct deposited into a bank account or an investment account. The main t...
by livesoft
Sat Nov 18, 2017 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond BND vs VBTLX (etf vs fund)?
Replies: 9
Views: 671

Re: Vanguard Total Bond BND vs VBTLX (etf vs fund)?

You are not missing out on any tax savings by owning VBTLX instead of BND.

But based on what I think I know about your situation, I don't think you should own VBTLX nor BND in a taxable account.
by livesoft
Sat Nov 18, 2017 11:08 pm
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 21
Views: 1215

Re: Investment Portfolio Tracking & Spreadsheets

I track my portfolio with MS Money. I want to make sure that my 100+% turnover each year in the total portfolio is making me more money with no taxes than simply putting the money in the same asset allocation in a LifeStrategy or Target Retirement fund. That's because if that wasn't happening, then ...
by livesoft
Sat Nov 18, 2017 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond BND vs VBTLX (etf vs fund)?
Replies: 9
Views: 671

Re: Vanguard Total Bond BND vs VBTLX (etf vs fund)?

I will say that worrying about the bid/ask spread is a red herring. For BND, the spread is 1 cent and your broker should never make you pay the full spread.

For BND, the advantage is intraday trading on certain days when it goes up or down by around 0.5% in a few hours. It can add up each year.
by livesoft
Sat Nov 18, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: College 529 Analysis
Replies: 14
Views: 844

Re: College 529 Analysis

I always tracked by putting transactions in MS Money.

I wrote about it 5 years ago: viewtopic.php?t=107916

I needed to track things since I tax-loss harvested some 529 plans.
by livesoft
Sat Nov 18, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond BND vs VBTLX (etf vs fund)?
Replies: 9
Views: 671

Re: Vanguard Total Bond BND vs VBTLX (etf vs fund)?

I own both, but not in taxable. The difference is how dividends are paid out and how they are automatically reinvested. VBTLX: Dividend paid on at close of market on last market day of month. Reinvested that day at that NAV if auto reinvest is on. Dividend is accrued daily and paid monthly. If you s...
by livesoft
Sat Nov 18, 2017 10:53 pm
Forum: Investing - Theory, News & General
Topic: College 529 Analysis
Replies: 14
Views: 844

Re: College 529 Analysis

Historical perspective? Hmmm. I don't bother, but maybe that's because I am in year 4 of withdrawals and my attitude is that "It is what it is."

Now I admit I don't have the same attitude about my portfolio, but it has to last the next 40 years instead of the next 6 months.
by livesoft
Sat Nov 18, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: College 529 Analysis
Replies: 14
Views: 844

Re: College 529 Analysis

What do you mean by analysis? I know what I own and have owned in my 529 plans. I used MS Money to track them. I actually never look at the statements and online is too difficult to login and see what's going on. That's because I use the Ohio 529 plan which makes it hard to do that.
by livesoft
Sat Nov 18, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2568

Re: What we don't know

I think we definitely know the commissions that we pay and the expense ratios of the investments that we buy. We should also know the taxes that we pay on our investments each year. If we pay an advisor, we should definitely know what those costs are as well. I suspect that many people do not know t...
by livesoft
Sat Nov 18, 2017 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing tax lots to sell
Replies: 10
Views: 767

Re: Choosing tax lots to sell

When all my lots have huge gains, then I sell to simplify the portfolio and get to large round numbers of shares. So if I have 2129 shares of something, I might sell 129 shares to get down to 2000 shares. Or if I have separate tax lots of 1, 9, 11, 31, 2, 3 ... then I might sell many small lots to r...
by livesoft
Sat Nov 18, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing tax lots to sell
Replies: 10
Views: 767

Re: Choosing tax lots to sell

I don't mind preserving carryover losses, so I always sell shares with the least gain. And those shares are usually shares held short-term. I expect that when I die, all my remaining shares will get a stepped-up basis, so there is no rush to sell the ones with the highest gains. In the state if Texa...
by livesoft
Sat Nov 18, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Southeast Asia trip - Cash handling
Replies: 19
Views: 1182

Re: Southeast Asia trip - Cash handling

I was recently in China. Never used cash for anything. Everyone else was using various forms of paying with a cell phone, so they didn't use cash either. You know, like Apple Pay and the home-grown equivalents.

So do SEA countries use cell phones for payments?
by livesoft
Sat Nov 18, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Smoothing out a Property Tax bill
Replies: 13
Views: 679

Re: Smoothing out a Property Tax bill

I get income in lumps and have expenses in lumps. For instance, the December mutual fund distributions are a lump of income. I use that income to pay the lump of a property tax bill that can be paid in either the last week of December or the first week of January depending on which year I want to cl...
by livesoft
Sat Nov 18, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: VSS verus SCHC
Replies: 8
Views: 1424

Re: VSS verus SCHC

It looks like DLS will still trade commission-free at TDAmeritrade.
by livesoft
Sat Nov 18, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 83
Views: 5489

Re: Is holding bonds now dangerous?

TD2626 wrote:
Sat Nov 18, 2017 2:24 pm
nisiprius wrote:
Sat Nov 18, 2017 11:51 am
Let me state this very precisely.
[...]
Very excellent points. [...]
Indeed, very excellent points. I love to read these kinds of posts from nisiprius. The thought and effort that go into them are works of art and knowledge.
by livesoft
Sat Nov 18, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Advice
Replies: 15
Views: 1723

Re: Retirement Advice

You should both read Jane Bryant Quinn's book: How to Make Your Money Last
by livesoft
Sat Nov 18, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 22
Views: 1045

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

However, at this point if I could just sell the covered shares portion of the investment all together at once using average-cost-basis for those only, that would be a good solution for me. You cannot do that, so that won't be a solution for you. As soon as you are using Average Cost, that means you...
by livesoft
Sat Nov 18, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: annualized TLH data from Wealthfront
Replies: 7
Views: 890

Re: annualized TLH data from Wealthfront

For me TLH harvesting was and is not about kicking the can down the road. It is about shifting capital gains tax rate from 15% to 20% down to 0%. I think a 15% to 20% tax savings is significant and worth the few minutes a year that TLH cost me in time.
by livesoft
Sat Nov 18, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Roth transfer: Wait for December distributions?
Replies: 4
Views: 272

Re: Roth transfer: Wait for December distributions?

The don't-buy-the-dividend thing is mostly advice for a taxable account. Since a Roth account is tax-advantaged there is no reason to wait for December distributions as they will have absolutely no effect on taxes with a Roth account.
by livesoft
Sat Nov 18, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 83
Views: 5489

Re: Is holding bonds now dangerous?

The interest rate arithmetic that you allude to is kinda funny, isn't it? FFR went up 3 times in the past 12 months, but bond funds still went up in value. What's up with that? :)
by livesoft
Sat Nov 18, 2017 11:16 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 83
Views: 5489

Re: Is holding bonds now dangerous?

In the current environment, I think holding bonds is the same as it ever was. Bonds that are marked to market and bond funds go up and down like they always have and like they always will. I see that Fed Fund rate hikes through June 2018 are already thought to be priced into the prices of bonds. Als...
by livesoft
Sat Nov 18, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: Experience with 401K "Self Directed Brokerage Account"
Replies: 9
Views: 581

Re: Experience with 401K "Self Directed Brokerage Account"

My spouse had a craptacular 401(k) plan with 2% expense ratios improve spectacularly in 2015. The new plan offered VFIAX and a no-fee SDBA at TDAmeritrade. That's right, the company picked up any quarterly fees and TDAmeritrade has no-commission ETFs. So far it works flawlessly though there are two ...
by livesoft
Sat Nov 18, 2017 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Capital gains timing
Replies: 11
Views: 890

Re: Capital gains timing

$12K capital gains should be taxed at 15% I would think, so instead of $3K to $4K in extra taxes it would be $1.8K in extra taxes.
by livesoft
Sat Nov 18, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 34
Views: 2157

Re: Current precarious equity environment for a retiree

brak wrote:
Sat Nov 18, 2017 8:56 am
Livesoft - would you be willing to share the details of your asset allocation? It would be quite helpful to me.
Is this thread enough detail:
viewtopic.php?t=150267
?
by livesoft
Fri Nov 17, 2017 8:30 pm
Forum: Personal Consumer Issues
Topic: Renting a car from Atlanta GA to Austin TX: $$$
Replies: 33
Views: 1539

Re: Renting a car from Atlanta GA to Austin TX: $$$

Buy a car for $1200 or less from craigslist and then donate it at your destination.
by livesoft
Fri Nov 17, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to navigate through college expenses and possible early retirement
Replies: 7
Views: 547

Re: How to navigate through college expenses and possible early retirement

And this brings us to the Rule of 55 - if you retire or otherwise leave employment in the year you turn 55, you can withdraw from that employer's 401k without penalty. Only if the employer 401(k) plan allows it. Neither my 401(k)s nor my spouse's 401(k)s have ever allowed it even though the IRS all...
by livesoft
Fri Nov 17, 2017 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 22
Views: 1045

Re: Cost basis question about Vanguard's covered/uncovered mutual fund shares

And here is a link to a previous discussion with a link to some IRS regulations posted by sscritic that may be helpful:
viewtopic.php?t=143743
by livesoft
Fri Nov 17, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 34
Views: 2157

Re: Current precarious equity environment for a retiree

dachshund wrote:
Fri Nov 17, 2017 6:39 pm
Allowing for a yearly inflation rise of 3%, I should be able to cover my expenses with SS + RMD (from cash equivalents) for 10-15 years or more.
If the above is true, then you have a more than huge nest egg.
by livesoft
Fri Nov 17, 2017 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard
Replies: 5
Views: 591

Re: DFA vs Vanguard

Sure there is data. Robert T has threads and then even DFA folks have video series: https://www.bogleheads.org/forum/viewtopic.php?t=205911 and the bogleheads.org forum has lots of discussions found with a search: https://www.bogleheads.org/forum/viewtopic.php?t=148192 DGSIX is a DFA 60/40 fund that...