Search found 61124 matches

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: 4
Views: 84

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: 1
Views: 87

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: 14
Views: 637

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: 14
Views: 637

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: 11
Views: 702

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: 11
Views: 702

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: 13
Views: 1122

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: 19
Views: 1741

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: 13
Views: 1122

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: 13
Views: 1122

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: 6
Views: 850

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: 804

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: 683

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: 1125

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: 1378

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: 1378

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: 600

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: 376

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: 683

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: 102
Views: 7915

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: 1044

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: 600

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: 1154

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: 600

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: 278

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: 478

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: 1194

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: 971

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: 496

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: 496

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: 478

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: 13
Views: 707

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: 730

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: 38
Views: 1600

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: 2008

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: 252

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
by livesoft
Fri Jul 20, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Good Books on Investment?
Replies: 13
Views: 707

Re: Good Books on Investment?

I read Benjamin Graham and he didn't write about holding quality index funds at all. They didn't even exist when he wrote the book.

So color me confused. :)

The Bogleheads reading list is a good source of book titles that you may wish to investigate whether you want to read them or not.
by livesoft
Fri Jul 20, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Optimizing 403(b) expense ratios
Replies: 7
Views: 252

Re: Optimizing 403(b) expense ratios

Is there some downside to this maneuver that I'm not thinking of? I think the downsides would be very minor if any at all. At some point, you might get more than $22,000(?) in qualified dividends from your international fund in taxable which will make filing Form 1116 for the foreign tax credit mor...
by livesoft
Fri Jul 20, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: How should I move my taxable account from Fidelity to Vanguard?
Replies: 5
Views: 444

Re: How should I move my taxable account from Fidelity to Vanguard?

You could sell Fido funds at Fidelity and buy Vanguard ETFs at Fidelity for less than $20 commission, then transfer in-kind. You should sell some (not all) of your shares and send the money to Vanguard and buy Vanguard funds. If you sell $5,000 at a time, then you would only have $5,000 out of the m...
by livesoft
Fri Jul 20, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Being tax efficient
Replies: 4
Views: 418

Re: Being tax efficient

Yes, there are many. If you look at your Form 1040 and find the line with Taxable Income and work backwards you can see how it all works.

I will give one example, but there are many others:

Give a lot of your money away to charity.
by livesoft
Fri Jul 20, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Moving funds to balance across accounts
Replies: 2
Views: 153

Re: Moving funds to balance across accounts

VINIX is NOT total US stock market. It follows the S&P500 index. At TDAmeritrade, I use SPTM for a Total US Stock Market Index fund. I would use SPTM at TDAmeritrade and NOT VOO. VOO is an S&P500 index fund. If you want to have something to complement the S&P500 index fund, then you would want a com...
by livesoft
Fri Jul 20, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation with multiple retirement accounts
Replies: 10
Views: 783

Re: Asset Allocation with multiple retirement accounts

Recommend also Asset Allocation in Multiple Accounts https://www.bogleheads.org/wiki/Asset_allocation_in_multiple_accounts I hadn't seen that wiki article linked before. It's a good one. Also, to see what asset allocation one has, one can enter all their investment information found in all their ac...
by livesoft
Fri Jul 20, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Index-ish fund that lacks FAANG?
Replies: 28
Views: 2008

Re: Index-ish fund that lacks FAANG?

One can always sell short an ETF that is composed of stocks one doesn't want. Or maybe an option.

Here's a list of ETFs that might be of interest to folks:

http://etfdb.com/themes/faang-etfs/
by livesoft
Fri Jul 20, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Bond Ladder Managed Account
Replies: 31
Views: 1417

Re: Bond Ladder Managed Account

Winston101 wrote:
Fri Jul 20, 2018 11:02 am
What am I missing?
The bond fund will not be paying 2.5% at the end of two years in the scenario you described. It may not be paying 2.5% at the end of one year either. It should be paying more than 2.5% under those circumstances. In other words, you will NOT earn the same income over two years.
by livesoft
Fri Jul 20, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Good places to visit within 4-5 hr drive from Atlanta
Replies: 22
Views: 1352

Re: Good places to visit within 4-5 hr drive from Atlanta

What about all those distilleries around the area in Atlanta,in Tennessee, and in Georgia.
by livesoft
Fri Jul 20, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Denied Umbrella Coverage Twice - What now?
Replies: 11
Views: 1390

Re: Denied Umbrella Coverage Twice - What now?

I wonder if it doesn't have much to do with living with your family. Cars are insured through Geico in an account under my name with everyone listed as insured drivers. Drop everyone else from your car insurance. Make them get their own car insurance or stop driving. You didn't say if you own the ca...
by livesoft
Fri Jul 20, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Bond Ladder Managed Account
Replies: 31
Views: 1417

Re: Bond Ladder Managed Account

I'm cynical. I can imagine the Fidelity advisors sitting around a table in a conference room on a conference call. "Well, how can we generate some business?" "Let's sell some bonds and generate fees and commissions. After all, there is all this talk about interest rates going up. That's a good reaso...
by livesoft
Fri Jul 20, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: unripe fruit on a branch that has fallen off the tree
Replies: 7
Views: 848

Re: unripe fruit on a branch that has fallen off the tree

We had a peach tree and part of the maintenance was to pick off small fruit before they grew too big each year, so that there was one peach for every 4 leaves or so. Otherwise, the fruit would never grow big enough to it. Of course, the birds and the neighbors' yard guys got all the rest of the frui...
by livesoft
Fri Jul 20, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 38
Views: 1600

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

Hire a limo ahead of time. With all :shock: those bags, you want someone to drop you off at curbside check in.