Search found 56206 matches

by livesoft
Sat Nov 18, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Southeast Asia trip - Cash handling
Replies: 8
Views: 270

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: 349

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: 1355

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: 57
Views: 2390

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: 7
Views: 357

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: 19
Views: 883

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: 6
Views: 704

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: 189

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: 57
Views: 2390

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: 57
Views: 2390

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: 4
Views: 199

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: 7
Views: 327

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: 1910

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: 1445

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: 504

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: 19
Views: 883

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: 1910

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: 555

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...
by livesoft
Fri Nov 17, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to navigate through college expenses and possible early retirement
Replies: 7
Views: 504

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

I retired with 2 kids in college at the same time. No financial aid. Based on your assets, I really doubt you have any chance for financial aid at all, but it really doesn't matter since you have plenty of nut to pay for college anyways. 529 plans for some of the college expenses will avoid some tax...
by livesoft
Fri Nov 17, 2017 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 4818

Re: Help for semi retired friend with 8 figure savings

I have to laugh at the gold helping to protect from a complete government collapse. Maybe true if the gold is not held in the US such as in a Swiss vault. Perhaps in another thread, we can see how gold helps out during a complete government collapse. I'm thinking folks have experienced this such as ...
by livesoft
Fri Nov 17, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: DFA vs Vanguard
Replies: 5
Views: 555

Re: DFA vs Vanguard

I don't believe you are missing out by not using DFA funds. Indeed, the small-cap value-tilted portfolios that DFA favors have underperformed in recent years compared to a so-called 3-fund total market weighted portfolio. Of course, this will not always be true going forward. However, if you have be...
by livesoft
Fri Nov 17, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 22
Views: 1600

Re: Confused about cash and retirement - isn't this really about market timing?

If you can use some help, then it can be found in the Safe Withdrawal Rates series found at EarlyRetirementNow.com: https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ Part 12 is about a cash cushion: https://earlyretirementnow.com/2017/03/29/the-ultim...
by livesoft
Fri Nov 17, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax estimator
Replies: 6
Views: 538

Re: H&R Block Tax estimator

Qualified dividends ARE ordinary dividends. And they are entered as such on Form 1040.
by livesoft
Fri Nov 17, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: Monte Carlo Analysis VS Historical Rolling Periods
Replies: 20
Views: 907

Re: Monte Carlo Analysis VS Historical Rolling Periods

I take both methods with a healthy dose of many grains of salt. That way, I don't have to spend any of my time thinking about something that I cannot control nor predict anyways.
by livesoft
Fri Nov 17, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: annualized TLH data from Wealthfront
Replies: 6
Views: 704

Re: annualized TLH data from Wealthfront

^My experience is that it is mostly accumulators who are contributing mucho dinero each year have the best opportunities to tax-loss harvest. For folks like me who are not making any more money and so do not contribute to a taxable account, the opportunities are small if they even exist. I don't thi...
by livesoft
Fri Nov 17, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Spending Taxable to Zero during Retirement
Replies: 21
Views: 1798

Re: Spending Taxable to Zero during Retirement

I am retired and not spending any of my tax-advantaged assets at the present time. I expect that my taxable assets will last quite a while and well past age 70.5 when RMDs might kick in for any remaining tax-deferred accounts that I have. In the meantime, it's Roth conversions every year. So to answ...
by livesoft
Fri Nov 17, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account investments
Replies: 7
Views: 756

Re: Taxable account investments

If you need more fixed income to achieve a 50:50 asset allocation and there is no more room in tax-advantaged, then your fixed income has to go in taxable. There is no sin in that. The most tax-efficient for you fixed income choice will depend on your personal tax situation which you did not describ...
by livesoft
Fri Nov 17, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 34
Views: 1910

Re: Current precarious equity environment for a retiree

I am retired. I don't consider the current environment precarious at all. It seems pretty normal to me after all the years that I have been observing markets and investing. I most certainly have resources to invest in equities when they drop. That's called rebalancing and I would do so by exchanging...
by livesoft
Fri Nov 17, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 48
Views: 3235

Re: Help with Understanding How to Handle Bonus

I would open Roth IRAs and contribute the maximums before I paid off student loans. What if we're in partial AGI phaseout territory for Roth IRAs? Would you just open and contribute the max we're able to contribute? And I understand the math behind getting more money into tax-advantaged space earli...
by livesoft
Fri Nov 17, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and $0.01 question
Replies: 6
Views: 610

Re: Backdoor Roth and $0.01 question

^That must be a benefit of having Flagship status. I don't have Flagship status and had no problem buying 3 cents worth of shares at a 42% discount: viewtopic.php?t=208793
by livesoft
Fri Nov 17, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k questions - add spouse, loans
Replies: 6
Views: 354

Re: solo 401k questions - add spouse, loans

The main purpose of our 401(k) loan was to avoid the 2% expense ratio of the funds in the 401(k) while keeping that space open for a future rollover. The loan money was not spent, but invested in the same investment with a very low expense ratio. Your 401(k) loan could be used to invest elsewhere as...
by livesoft
Fri Nov 17, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 19
Views: 883

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

I didn't even realize a you could own a fund with different shares of that fund (in the same account) using different cost-basis methods. You couldn't do that until the tax laws changed in 2012. Since your last sale was before 2010, I would think that ALL your covered shares could have a Cost Basis...
by livesoft
Fri Nov 17, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 48
Views: 3235

Re: Help with Understanding How to Handle Bonus

I would open Roth IRAs and contribute the maximums before I paid off student loans.
by livesoft
Fri Nov 17, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account investments
Replies: 7
Views: 756

Re: Taxable account investments

I suggest you get out of the mindset of earning income from dividends and interest. I suggest instead that you look at total return and not worry about selling shares as needed (even every month). In our taxable accounts we have 100% stock index funds that are very very tax efficient, so we don't pa...
by livesoft
Fri Nov 17, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Questions for Boglehead runners
Replies: 28
Views: 1335

Re: Questions for Boglehead runners

I buy shoes at Academy maybe once a year for $60 or less. I use inserts from maybe 10 years ago still.
by livesoft
Fri Nov 17, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: Questions for Boglehead runners
Replies: 28
Views: 1335

Re: Questions for Boglehead runners

I spend less than $100 a year. That's for shoes and batteries for my electronics. I get free clothes from my kids. I don't run in organized races/runs. My life is not busy, so I run whenever I feel like it which is usually early morning, but sometimes on cool afternoons. I listen to music which I go...
by livesoft
Fri Nov 17, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 19
Views: 883

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

You can always call Vanguard again and see if you get a different answer than your previous call. :twisted: Personally, I don't think the demarcation will be the covered / non-covered date necessarily. That's because if you sold shares AFTER that date, but did not use Specification Identification, t...
by livesoft
Fri Nov 17, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: United change fees
Replies: 25
Views: 1238

Re: United change fees

I think it is expected. United charges money just for talking to a CSR over the phone. They want you to do everything online, so penalize you for doing it by phone. If you had made the changes online, I think it would have been cheaper. In the old days, you could get on an earlier connecting flight ...
by livesoft
Fri Nov 17, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my asset allocation?
Replies: 4
Views: 330

Re: Thoughts on my asset allocation?

The portfolio you listed falls within the typical range of aggressive portfolios displayed on the forum. I would not use solely VWO for my international equities, but would go more broad-market and small-cap myself as in VEU + VSS. I currently have a market weight for emerging markets, though tilted...
by livesoft
Thu Nov 16, 2017 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k questions - add spouse, loans
Replies: 6
Views: 354

Re: solo 401k questions - add spouse, loans

We borrowed from a 401(k) and put the money in a 529 plan. That was to save on high fees in the 401(k) plan. But I don't understand why you cannot max your 401(k) contributions PLUS save for the buy-in PLUS fund the 529 plan. And what about your Backdoor Roth IRAs for you and your spouse? You don't ...
by livesoft
Thu Nov 16, 2017 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Top quality home builders in North Dallas
Replies: 3
Views: 380

Re: Top quality home builders in North Dallas

In our area David Weekly is not a custom-home builder, but is a considered a good builder for homes that are not custom-built on par with Village Builders.
by livesoft
Thu Nov 16, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Vacation on a budget
Replies: 15
Views: 1343

Re: Christmas Vacation on a budget

Backcountry skiing with camping on the snow in a tent.
by livesoft
Thu Nov 16, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Opinions and Tax Efficiency
Replies: 7
Views: 587

Re: Portfolio Opinions and Tax Efficiency

It doesn't matter if small cap value is tax efficient or not for my statement to hold true. I wrote about the need to sell in order to rebalance out of it. I don't want to sell anything at a taxable gain in taxable until I am long retired.
by livesoft
Thu Nov 16, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and $0.01 question
Replies: 6
Views: 610

Re: Backdoor Roth and $0.01 question

The money is never stranded. Whether 1 cent or 2 cents or 7 cents or whatever, it should be converted as soon as you see it. Presently, there is no limit to the amount of money one can convert each year to a Roth IRA.

Vanguard should fix its web site so that 100% really means 100%.
by livesoft
Thu Nov 16, 2017 4:28 pm
Forum: Investing - Theory, News & General
Topic: Where did you first learn about investing?
Replies: 77
Views: 2568

Re: Where did you first learn about investing?

My dad had Securities Analysis by Graham and Dodd on the family bookshelf, so I read it when I was around 13 years old.

I was going to turn my paper route money into a million dollars. Instead, I spent it on 2-week trip to Mexico without my family when I was 14 years old.
by livesoft
Thu Nov 16, 2017 3:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1100057

Re: U.S. stocks in freefall

See this thread on RBDs: viewtopic.php?t=194427
by livesoft
Thu Nov 16, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1100057

Re: U.S. stocks in freefall

ImmigrantSaver wrote:
Thu Nov 16, 2017 3:16 pm
What's the threshold for a RBD? I always thought it was 1%
It depends on a number of things, but any drop of less than 2.5% is not a RBD, but even a drop of 3.5% might not be an RBD.
by livesoft
Thu Nov 16, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis question about Vanguard's covered/uncovered mutual fund shares
Replies: 19
Views: 883

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

I have one single mutual fund in a taxable account at Vanguard. The shares are all uncovered. I set the cost basis method to Specific ID whenever Vanguard.com allowed that to be done through the web interface. Vanguard.com even says the cost basis method is Specific ID. Nevertheless, when I have sol...
by livesoft
Thu Nov 16, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 47
Views: 3392

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

skjoldur wrote:
Thu Nov 16, 2017 2:30 pm
ERN is also a proponent of high stock allocations. Some of the analyses in his articles use 60/40 as the most conservative AA.

Are you inclined to agree?
Yes, definitely.
by livesoft
Thu Nov 16, 2017 2:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1100057

Re: U.S. stocks in freefall

David Jay wrote:
Thu Nov 16, 2017 2:09 pm
livesoft wrote:
Thu Nov 16, 2017 1:57 pm
...so today may not even end up being a 52-week high.
What? No new high? Man the lifeboats!!!
Hey look on the bright side: If you didn't hit your rebalancing bands last week, then you aren't going to hit them today, so nothing to be done ... as usual.