Search found 56978 matches

by livesoft
Sun Dec 17, 2017 4:25 am
Forum: Investing - Help with Personal Investments
Topic: Kiddie Tax Optimization
Replies: 4
Views: 448

Re: Kiddie Tax Optimization

Yes, definitely. I gave my son shares of Vanguard Large-Cap Index fund shares. He immediately sold them for a gain and paid no tax on the gain.
by livesoft
Sat Dec 16, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Trust for my kids (in the event of my death)
Replies: 3
Views: 356

Re: Trust for my kids (in the event of my death)

We didn't want to control from the grave, so they just get it all. I don't care if they blow it.
by livesoft
Sat Dec 16, 2017 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Kiddie Tax Optimization
Replies: 4
Views: 448

Re: Kiddie Tax Optimization

I guess you didn't fund the UTMA with gifts of shares already held long-term. If you had, they could've been tax-gain harvested with no short-term holdings. You can still gift shares held long-term in the next week or so for 2017 and do the tax-gain harvesting with ALL long-term shares. Don't harves...
by livesoft
Sat Dec 16, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: end of 2017 portfolio review/sanity check
Replies: 7
Views: 485

Re: end of 2017 portfolio review/sanity check

In your tax bracket, I would avoid Small-cap Value in taxable, especially since it is such a small amount AND you have room elsewhere for it. If you don't think you have room elsewhere, then consider letting it go or replacing the REIT fund with a SCV fund. Basically, lose that $30K of SCV in taxabl...
by livesoft
Sat Dec 16, 2017 5:51 pm
Forum: Personal Consumer Issues
Topic: Single Purpose Device- Waffle Iron
Replies: 12
Views: 733

Re: Single Purpose Device- Waffle Iron

Dinner waffles? Dessert waffles? While my mom had a waffle iron and we ate waffles every 3rd Sunday (rotated with pancakes and French toast), we have never owned one our entire adult lives. If we want waffles, we go out to brunch. OK, we eat waffles about once every 10 years. A George Forman grill c...
by livesoft
Sat Dec 16, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Buying funds in December
Replies: 7
Views: 1092

Re: Buying funds in December

For many index funds, the gains just yesterday were much more than any taxes one would incur by buying the December distribution.
by livesoft
Sat Dec 16, 2017 5:21 pm
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 34
Views: 1371

Re: Electric Energy Usage

In a rental home I lived in, the duct from the living area to the furnace had detached from the furnace so that attic air was being sucked directly through the furnace and AC and blown into the living area. A simple visual inspection showed the problem. Have you looked at all your ductwork?
by livesoft
Sat Dec 16, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: When to move into bonds
Replies: 22
Views: 1457

Re: When to move into bonds

Another idea is to look at what Target Date funds do with their bonds allocations and sort of follow them.
Figure 2 in https://personal.vanguard.com/pdf/icrtdf.pdf
by livesoft
Sat Dec 16, 2017 4:21 pm
Forum: Personal Consumer Issues
Topic: Terrible negotiator - need help with words to use [Buying a car]
Replies: 103
Views: 9133

Re: Terrible negotiator - need help with words to use [Buying a car]

Most people would at least like to sit in the car they are going to spend thousands of dollars on and test drive it. You just suggested no human interaction which also suggests no test driving, no sitting in the care, and so on. And no time researching which car you want to buy. I suppose the future...
by livesoft
Sat Dec 16, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes on 401(k)withdrawl
Replies: 10
Views: 648

Re: Taxes on 401(k)withdrawl

I think the OP is asking not what the actual tax will be, but what the withholding per Publication 15 will be given a W-4 filed with his 401(k) provider. He is assuming that it works like withholding of taxes from a paycheck.
by livesoft
Sat Dec 16, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Why does VTI have a fee of .04?
Replies: 10
Views: 1081

Re: Why does VTI have a fee of .04?

And don't forget that the expense ratio is distinct from the SEC fee collected by your broker when you sell shares of VTI (and any other ETF).
by livesoft
Sat Dec 16, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Is this dividend correctly reported by the mutual fund ?
Replies: 1
Views: 175

Re: Is this dividend correctly reported by the mutual fund ?

Two things: 1. You might read the package insert that comes with your 1099-DIV when you get it. Here is such a brochure from Vanguard: https://www.vanguard.com/pdf/1099DIV_012016.pdf which has useful information. 2. See this thread from the past couple of hours: https://www.bogleheads.org/forum/view...
by livesoft
Sat Dec 16, 2017 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend classification wrong? Fidelity funds
Replies: 8
Views: 255

Re: Dividend classification wrong? Fidelity funds

You will be disappointed then by what Fidelity tells you.

Your best bet is to go by what the ratios were in 2016. I think even Fidelity will tell you that until the real number come out in March.
by livesoft
Sat Dec 16, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Bogleheads APP?
Replies: 4
Views: 569

Re: Bogleheads APP?

Noobvestor posted about one in this thread:
viewtopic.php?p=877422#p877422
by livesoft
Sat Dec 16, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 34
Views: 1371

Re: Electric Energy Usage

Kids certainly don't need baths every day, but maybe you already have them bathe only twice a week.
by livesoft
Sat Dec 16, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 34
Views: 1371

Re: Electric Energy Usage

I also think that heating water could be the OP's main issue. Low-flow showerheads and those little hour-glass shower timers might help shorten long, hot showers into savings.

Also check that the previous owners didn't install driveway snow melting cables and leave them turned on.
by livesoft
Sat Dec 16, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone putting money aside into Gold?
Replies: 44
Views: 2025

Re: Is anyone putting money aside into Gold?

Gold is pretty to look at and hold in one's hands. At least that's the only reason for owning gold concluded by all the gold bugs who participated in this very recent gold thread: viewtopic.php?f=1&t=233083
by livesoft
Sat Dec 16, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: PLEASE HELP: Setting up new individual 401k
Replies: 13
Views: 510

Re: PLEASE HELP: Setting up new individual 401k

After reading about individual 401(k)s on bogleheads.org, I opened my at TDAmeritrade. They have all the features I needed with no hassles and a local office where I can drop off my 401(k) contribution when I go out to lunch or go to the library. I rolled my old employer 401(k) into my solo 401(k). ...
by livesoft
Sat Dec 16, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 34
Views: 1371

Re: Electric Energy Usage

3000+ sq ft house. We used 322 kWh from 11/3 through 12/6 or 9.8 kWh/day. From bill history, we will use less each of the next 3 months. Some ideas: Set heat to no higher than 68 deg F in winter. Wear sweaters. Use down comforters. Don't use an automatic icemaker. If you have one turn it off. You ca...
by livesoft
Sat Dec 16, 2017 5:30 am
Forum: Personal Consumer Issues
Topic: Advice for Used Car Buying
Replies: 29
Views: 3265

Re: Advice for Used Car Buying

livesoft, would you expect prices to become reasonable during the second half of the 12th month of the year, namely the present time? I have no clue really, but I expect not since there are more buyers at this time of year, aren't there? You know, people get bonuses; people give gifts, people go fo...
by livesoft
Sat Dec 16, 2017 5:23 am
Forum: Investing - Theory, News & General
Topic: TD Ameritade Year to Date Income
Replies: 1
Views: 295

Re: TD Ameritade Year to Date Income

Did you look at your monthly statement? Online. See page 1.
by livesoft
Fri Dec 15, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 47
Views: 1898

Re: Financial Assistance to Adult Child (health insurance)

She'll be fine.

I have friends in NYC in low paying jobs. They just have 3 of them at the same time.
by livesoft
Fri Dec 15, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 47
Views: 1898

Re: Financial Assistance to Adult Child (health insurance)

Re: Leukemia. Insurance does not pay for experimental procedures, so having insurance was not an issue for that. Also, people can get insurance still with pre-existing conditions, so I imagine your daughter and friends cross that bridge when they need to. Car insurance: I didn't have car insurance f...
by livesoft
Fri Dec 15, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 58
Views: 5941

Re: Uber vs Ambulance - HUGE cost difference

Check out what Good Samaritan laws are in your state.
by livesoft
Fri Dec 15, 2017 7:38 pm
Forum: Personal Consumer Issues
Topic: Financial Assistance to Adult Child (health insurance)
Replies: 47
Views: 1898

Re: Financial Assistance to Adult Child (health insurance)

My spouse actually says this: "Not my problem. You have to just cut them off." And I thought I was tough. I imagine though if our kids needed money for an actual medical emergency, the cash would flow. I know I didn't have health insurance from age 20 through 26. I didn't give it any thought at all.
by livesoft
Fri Dec 15, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: States with tax-friendly policies for dividends/LTCG
Replies: 13
Views: 1530

Re: States with tax-friendly policies for dividends/LTCG

Our prop taxes are way less than they would be in NY where we used to live. But our McMansion cost a fraction of what it would cost in a place like NY or CA. OTOH, no need for expensive private schooling.
by livesoft
Fri Dec 15, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Are you prepaying real-estate taxes this year?
Replies: 16
Views: 1839

Re: Are you prepaying real-estate taxes this year?

No. We bunched our deductions last year, so 2017 is a standard deduction year for us. Paying 2018 taxes in late Dec 2017 would do us no good.
by livesoft
Fri Dec 15, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with T. Rowe Price funds
Replies: 16
Views: 1088

Re: What to do with T. Rowe Price funds

You don't take any previous taxes that you paid into account. You simply look up the cost basis of your shares and see what the unrealized gains or losses are. Many people believe erroneously that the cost basis of their shares are the original purchase price of the first shares and do not include t...
by livesoft
Fri Dec 15, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment of SALT Taxes? [State and Local]
Replies: 270
Views: 19983

Re: Tax strategy for 2018

No, you do not have the option. If you pay in 2017, then the deduction happens in 2017.
by livesoft
Fri Dec 15, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 58
Views: 5941

Re: Uber vs Ambulance - HUGE cost difference

Ha ha. What kind of OR are you planning to go to for your heart attack? You think the CT surgeon is waiting in there ready to do your CABG? I thought you worked in health care? Your point, however, is right. If medics take you to the hospital for a heart attack and you've actually got a STEMI, it w...
by livesoft
Fri Dec 15, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: Dividend Clarification
Replies: 12
Views: 518

Re: Dividend Clarification

My point is that it's so small, it won't change anything AND you'd be better off with VTI in the first place. That's all I'm asking, how do people justify having these funds in the Accumulation stage? They actually don't justify having these funds to me and apparently not to you either. In their ow...
by livesoft
Fri Dec 15, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 1931

Re: Lexus RX 350 - new vs. preowned

abonder wrote:
Fri Dec 15, 2017 1:40 pm
Thanks for the summary. I think being bold and undeterred by rejection is probably the key thing.
I used to submit NIH R01 grants in my former life, so I am well-experienced with rejection.
by livesoft
Fri Dec 15, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Dividend Clarification
Replies: 12
Views: 518

Re: Dividend Clarification

What I'm asking is if you reinvest the dividends for both funds. If you have 20 years to go, I would think you'd be have a larger sum if you just stuck with VTI. That being said, 20 years down the road if have a large amount of shares in a dividend fund isn't a horrible thing either. This is kind o...
by livesoft
Fri Dec 15, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Scottrade wrong IRA distribution
Replies: 9
Views: 563

Re: Scottrade wrong IRA distribution

TDAmeritrade made an $85,000 mistaken transaction in my spouse's 401(k). They took about 10 days to fix it. We are not worried about if they report it because that would just be another mistake that they have to fix. We simply do not fear the IRS at all. They are good people doing their jobs.
by livesoft
Fri Dec 15, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: Dividend Clarification
Replies: 12
Views: 518

Re: Dividend Clarification

Let me throw this out there: If both the total return investor and the dividend investor are invested in VTI, then they both get the dividend of VTI no matter what. Total Return investor takes the dividend money and buys more shares with it (reinvests the dividend). Income investors takes the divide...
by livesoft
Fri Dec 15, 2017 2:21 pm
Forum: Investing - Theory, News & General
Topic: Am I wrong in thinking about the bull this way?
Replies: 7
Views: 1014

Re: Am I wrong in thinking about the bull this way?

I discount all talk about dropping 30% in one day as hogwash. We see all the time on the forum people fearing a big drop in a very short time like one day. If the market dropped 30% in one day, I would be all over that buying if I was near a computer and my orders could get submitted. There are circ...
by livesoft
Fri Dec 15, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 1931

Re: Lexus RX 350 - new vs. preowned

There are other posts for sure. I'm sure you can find them as quickly as I can. I recall the details as: Me leaving voice message: "I will buy that car if you give me a reasonable price. That's a ridiculous price. Give a reasonable and price and I will show up with my checkbook." Salesrep leaving me...
by livesoft
Fri Dec 15, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with T. Rowe Price funds
Replies: 16
Views: 1088

Re: What to do with T. Rowe Price funds

We have seen people think that their shares have a high amount of unrealized capital gains, but then when they looked closely, they discovered that they had been paying taxes on distributions each year, so that there were minimal unrealized gains as all the gains had been realized and taxed along th...
by livesoft
Fri Dec 15, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 1931

Re: Lexus RX 350 - new vs. preowned

See: https://www.bogleheads.org/forum/viewtopic.php?t=137219 My opinion is that folks who pay too much don't have patience or have already anchored on a higher price. Anchor on a lower price and see what happens. Also see: https://www.bogleheads.org/forum/viewtopic.php?p=3113472#p3113472 for another...
by livesoft
Fri Dec 15, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with T. Rowe Price funds
Replies: 16
Views: 1088

Re: What to do with T. Rowe Price funds

I surmise that your 11% annuallized return does not include the taxes you paid. I suspect you didn't withdraw from the funds to pay the taxes, so in effect you actually invested more money in the funds than you really think you did, namely, all those additional taxes. So what to do? The tax-advantag...
by livesoft
Fri Dec 15, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: Uber vs Ambulance - HUGE cost difference
Replies: 58
Views: 5941

Re: Uber vs Ambulance - HUGE cost difference

If I have a heart attack, I want an ambulance from the very nearby firestation to take me to the hospital. The EMT's should stabilize me and already inform the OR at the hospital that I am coming in, so I get to bypass the ER.
by livesoft
Fri Dec 15, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: baffle about Roth IRA contribution using turbo tax
Replies: 17
Views: 632

Re: baffle about Roth IRA contribution using turbo tax

Since total compensation is not taxable income, I cannot answer your question. Maybe don't try any shortcuts when running TurboTax and see what happens.
by livesoft
Fri Dec 15, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: baffle about Roth IRA contribution using turbo tax
Replies: 17
Views: 632

Re: baffle about Roth IRA contribution using turbo tax

Your Roth contribution is neither added to, nor subtracted from, your total compensation for the tax year. Normal Roth contributions do not appear on your Form 1040 anywhere.
by livesoft
Fri Dec 15, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: What happened to Bridgeway???
Replies: 14
Views: 1349

Re: What happened to Bridgeway???

Welcome to distribution day! Surely, you saw the same thing last year?
by livesoft
Fri Dec 15, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: UTMA: help with tax gain harvesting
Replies: 2
Views: 166

Re: UTMA: help with tax gain harvesting

Frequent trading restrictions are overcome by automated purchases. See the wiki.
by livesoft
Fri Dec 15, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Need tutorial on interpreting Vanguard year-end estimates
Replies: 5
Views: 450

Re: Need tutorial on interpreting Vanguard year-end estimates

Take the estimates which are per-share and multiply by the number of shares you hold in that fund. Add up all such numbers from all your funds that you consider on your tax return. Don't forget the income from the funds that you already received in 2017 each previous quarter or each previous month. ...
by livesoft
Fri Dec 15, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Settled Cash in Brokerage Account
Replies: 3
Views: 262

Re: Settled Cash in Brokerage Account

I have cash (core) in my taxable brokerage account. I'm not sure where it came from. Are there tax consequences to moving that to a Roth? Yes, there are definitely tax consequences to moving that to a Roth. It would be considered a Roth contribution, so if you have already made your maximum allowed...
by livesoft
Fri Dec 15, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Rebalancing Question
Replies: 4
Views: 292

Re: Asset Allocation Rebalancing Question

What you want is reasonable. The best way to make the change is to simply switch to a different target fund which has a the weighting to bonds that you want. That is, don't go by the year in the fund name; instead go by the internal asset allocation that the fund has. You can make the change today. ...
by livesoft
Fri Dec 15, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh
Replies: 85
Views: 2882

Re: Factor-Based Investing: The Long-Term Evidence - Dimson & Marsh

good question. I think that some people like O'Shaughnessy, (if I understand him correctly) would say that you should stick with each factor strategy for many years (there will be times, unpossible to know in advance, when it will underperform but you should stick with it) overall in the long terms...