Search found 62757 matches

by livesoft
Wed Dec 19, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: "The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?"
Replies: 9
Views: 311

Re: "The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?"

In the Bogleheads podcast with Rick Ferri, Christine Benz did admit that it is a behavioral trick. Furthermore, I don't think she really try to oversell it. See this thread for a link to the podcast: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=266281 There are so many behavioral tricks dis...
by livesoft
Wed Dec 19, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: "The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?"
Replies: 9
Views: 311

Re: "The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?"

^Hmmm, the formula may be missing another squared term, but I might have that wrong, too. Maybe it is a square-root term?

:beer
by livesoft
Wed Dec 19, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Accrued Tax Exempt Interest
Replies: 1
Views: 38

Re: Accrued Tax Exempt Interest

It is tax-exempt interest and treated just like the month-end tax-exempt interest payment.

If the month-end tax-exempt interest payments do not reduce your capital loss, then this one does not either.
by livesoft
Wed Dec 19, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity incorrectly coding a wash sale?
Replies: 2
Views: 92

Re: Fidelity incorrectly coding a wash sale?

I don't see a problem. What happened to the disallowed loss? That will help with all this. What did Fidelity do with the disallowed loss?

This forum needs a good example of how Fidelity documents wash sales. Maybe I will create one for everybody, but I would need to get compensated for the work.
by livesoft
Wed Dec 19, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: A case against buy and hold index investing
Replies: 6
Views: 383

Re: A case against buy and hold index investing

I don't think anybody likes "Buy and Hold Index investing" anymore. I didn't watch the video because you did not describe his ideas at all.

I think the mantra has been "Buy, Hold, and Rebalance" for many many years. Is that what he is advocating?
by livesoft
Wed Dec 19, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: "The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?"
Replies: 9
Views: 311

Re: "The Bucket Approach for Retirement: A Suboptimal Behavioral Trick?"

Thank you for bringing this to my attention. I hope that it gets referenced and tested more and more by others and thus "peer reviewed".
by livesoft
Wed Dec 19, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Considering Personal Capitial Wealth Managment
Replies: 6
Views: 386

Re: Considering Personal Capitial Wealth Managment

I wonder how easy and hassle-free it is to get away from Personal Capital. I don't think it will ever be a good long-term solution for anyone. There are just too many cheaper places to get the same personal help. Now if their business model changed from 0.89% (is that it nowadays? It used to be chea...
by livesoft
Wed Dec 19, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting at Vanguard: simple enough for a baby (almost literally), or can Vanguard PAS help?
Replies: 6
Views: 331

Re: Tax Loss Harvesting at Vanguard: simple enough for a baby (almost literally), or can Vanguard PAS help?

2. Do I need to worry about qualified dividends or mutual fund shares held 6 months or less? The TLH wiki page contains the following two "regulatory" warnings: Qualified dividends . If you hold shares less than 61 days and receive qualified dividends from those shares, they are not qualified divid...
by livesoft
Wed Dec 19, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting at Vanguard: simple enough for a baby (almost literally), or can Vanguard PAS help?
Replies: 6
Views: 331

Re: Tax Loss Harvesting at Vanguard: simple enough for a baby (almost literally), or can Vanguard PAS help?

Babies cannot read, so it is not simple enough for a baby. So I created a thread with screen captures showing all the mistakes one can make and how to correct them: https://www.bogleheads.org/forum/viewtopic.php?t=179414 Clearly, I don't think Vanguard PAS is for me because TLH is simple enough for ...
by livesoft
Wed Dec 19, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Exactly How Do Year-End Fund Distributions Work?
Replies: 2
Views: 136

Re: Exactly How Do Year-End Fund Distributions Work?

It works exactly as shown in this thread from 2010:

viewtopic.php?t=65205
by livesoft
Wed Dec 19, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: Why did you decide to change your asset allocation?
Replies: 15
Views: 349

Re: Why did you decide to change your asset allocation?

I changed my asset allocation from about 60% equities to about 64% equities simply because the stock markets are 15% to 20% off their recent highs, a few RBDs happened over the past few weeks, bond funds went up more than 1% in a single month, and the number of TLH threads increased dramatically at ...
by livesoft
Wed Dec 19, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Putting Panic In Perspective
Replies: 5
Views: 374

Re: Larry Swedroe: Putting Panic In Perspective

This must've been written before last week. Some stock market indexes are more than 20% below their 2018 highs which I think is the definition of a bear market. So no more waiting and no need to mention "possibility" when reality works. :) But everybody reading this has survived the entry into a bea...
by livesoft
Wed Dec 19, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Growing Concerns with Vanguard
Replies: 4
Views: 510

Re: Growing Concerns with Vanguard

You should cross that bridge when you come to it and not worry about it beforehand.
by livesoft
Wed Dec 19, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Growing Concerns with Vanguard
Replies: 4
Views: 510

Re: Growing Concerns with Vanguard

TLH and Spec ID are something important only for taxable accounts. TLH cannot be done in tax-advantaged accounts except under very very special circumstances that I am happy to discuss in another thread.
by livesoft
Wed Dec 19, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: What is the purpose of a settlement fund?
Replies: 4
Views: 188

Re: What is the purpose of a settlement fund?

It provides a higher interest rate than your checking account. It keeps money in tax-advantaged accounts likes IRA, Roth IRA, 401(k) instead of creating withdrawals / contributions via checking accounts. I'll leave some other purposes for you to come up with. Note that some purposes may not be helpf...
by livesoft
Wed Dec 19, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Gradual rebalancing methods
Replies: 3
Views: 305

Re: Gradual rebalancing methods

It will probably take longer than you think. It works better when equities are going up. Plus you miss out on the 2nd half of rebalancing: Buying when things are low.
by livesoft
Wed Dec 19, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Behavioral Finance for normal people
Replies: 4
Views: 702

Re: Behavioral Finance for normal people

This 2014 article seems familiar because it was written by Meir Statman who has been writing the same thing for many news outlets for quite a while, such as https://www.bogleheads.org/forum/viewtopic.php?t=227422 He even wrote a book that I highly recommended that has come up a few times in this for...
by livesoft
Wed Dec 19, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Harvest Loss or Not
Replies: 6
Views: 416

Re: Harvest Loss or Not

This may be helpful: https://www.bogleheads.org/wiki/Approxi ... ock_market

I wouldn't worry about getting exactly what you want.
by livesoft
Tue Dec 18, 2018 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: TLH & Restructuring accounts
Replies: 2
Views: 168

Re: TLH & Restructuring accounts

VSS and VBR are the least tax-efficient of your tickers I think. I ditched VSS from my taxable a couple year ago. I no longer add to VBR in taxable. I would not have VWO in taxable either. So instead of VTI in IRA, I would put it in taxable. I have VTI, VEU, VEA, VV, VLCAX in taxable nowadays with l...
by livesoft
Tue Dec 18, 2018 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 6
Views: 273

Re: Life Insurance

We have never bought life insurance since if any of us died, the financial life of the survivors would not materially change.

So, what would your survivors do with the money? Would it be like winning the lottery?
by livesoft
Tue Dec 18, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Is there an easy way to look up Roth IRA conversions totals on Vanguard?
Replies: 8
Views: 282

Re: Is there an easy way to look up Roth IRA conversions totals on Vanguard?

I looked in the Roth IRA where the conversions went to and not in the traditional IRA where the conversions came from.
by livesoft
Tue Dec 18, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Is there an easy way to look up Roth IRA conversions totals on Vanguard?
Replies: 8
Views: 282

Re: Is there an easy way to look up Roth IRA conversions totals on Vanguard?

My Roth conversions are labelled "Conversion." I just checked 30 minutes ago to see that I had in fact made conversions in 2018 and the total amounts of them. Want me to post a screen capture?
by livesoft
Tue Dec 18, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting - Probably?
Replies: 5
Views: 435

Re: Tax Loss Harvesting - Probably?

I would still TLH. You can die or give your shares to charity and never realize a gain. But with a carryover loss, you have the freedom to sell some shares even at a short-term gain to rebalance. You won't get stuck with some mind games that happen to other people.
by livesoft
Tue Dec 18, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 47
Views: 5053

Re: I feel cheated, saved too much in 401K vs cash.

When I look at my tax returns, I see that my withdrawals from my 401(k) are not taxed until I have a lot of them. You know: Standard deduction, tax credits really help me out. No taxes paid going in; no taxes paid coming out. Win! Win!
by livesoft
Tue Dec 18, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent loss mistake from tax harvesting involving IRA distributions?
Replies: 5
Views: 265

Re: Permanent loss mistake from tax harvesting involving IRA distributions?

I'd adjust the earliest affected shares in taxable first, then if any more shares needed adjusting, they would have to be the earliest [no earlier than the taxable shares] affected shares in the IRA next. I guess someone else could buy some more shares in taxable to create a new wash sale and ignore...
by livesoft
Tue Dec 18, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: WHEN does my Vanguard buy happen (and at what price?)
Replies: 5
Views: 388

Re: WHEN does my Vanguard buy happen (and at what price?)

When you hit the "Submit" button, there is a message that tells you the answers to the questions you asked. The Vanguard IT folks must be smacking their heads, "Why did we even bother to program that message? Nobody reads it anyways!"
by livesoft
Tue Dec 18, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Latest I can Invest
Replies: 2
Views: 256

Re: Latest I can Invest

Generally 4 pm eastern time which is the close of the NYSE will work at my brokers. You did not state who your broker is nor what time zone you are in. Allow for time for the internet delays, too.
by livesoft
Tue Dec 18, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Avoid Wash Sale by Selling All Shares?
Replies: 6
Views: 526

Re: Avoid Wash Sale by Selling All Shares?

One should sell in the IRAs that had purchases of VTI/VTSAX in the past 30 days and clear out the entire holdings of VTI/VTSAX at least a day or two before selling any VTI/VTSAX for a loss in taxable.
by livesoft
Tue Dec 18, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: "We have received 2243 new posts and replies over 273 topics in last day (sorted by Latest Reply)."
Replies: 4
Views: 763

Re: "We have received 2243 new posts and replies over 273 topics in last day (sorted by Latest Reply)."

There's nothing like a Market Correction and a Bear Market to bring out the Participants.

Perhaps instead of "You have earned it." one should write, "You have lost it."
by livesoft
Tue Dec 18, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: When to TLH
Replies: 2
Views: 243

Re: When to TLH

^For many people those effects cancel out. For a subset of people, they would rather not have the dividends show up on Form 1040 at all. For instance, I already have enough carryover losses to offset any realized gains for 2018 and still have the $3,000 reduction in AGI and carryover the excess to f...
by livesoft
Tue Dec 18, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Avoid Wash Sale by Selling All Shares?
Replies: 6
Views: 526

Re: Avoid Wash Sale by Selling All Shares?

I disagree with FiveK about the timing. I'd make sure to unload all substantially identical shares purchased in IRAs that might create a wash sale in taxable before selling for a loss in taxable. Of course, that statement covers waiting 31 days to sell in taxable after such a purchase in an IRA.
by livesoft
Tue Dec 18, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for guidance
Replies: 7
Views: 401

Re: Looking for guidance

I'd recommend delaying the start of your Social Security benefits, too. You have a million dollars that you can spend down to make up for not taking SS so early.
by livesoft
Tue Dec 18, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Help a dummy TLH...
Replies: 34
Views: 1249

Re: Help a dummy TLH...

rebellovw wrote:
Tue Dec 18, 2018 1:21 pm
Only mistake I might have made was buying IVV (SP500) today when I believe a dividend will be coming out in a couple of days - I should perhaps of waited as that will be a non qualified dividend..
You can do nothing and the dividend from IVV that is qualified will remain qualified to you.
by livesoft
Tue Dec 18, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Help a dummy TLH...
Replies: 34
Views: 1249

Re: Help a dummy TLH...

justsomeguy2018 wrote:
Mon Dec 17, 2018 10:38 pm
Somewhat off-topic - any thoughts on how IVV fares to VOO? If one can trade IVV for free, is there any reason to buy VOO?
You can see this for yourself. Chart them, chart their volumes, look at their quotes, look at their Level II quotes.

Answer: IVV is just fine. No reason to buy VOO.
by livesoft
Tue Dec 18, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvest VTSAX -> VLCAX or VFIAX
Replies: 6
Views: 366

Re: Tax loss harvest VTSAX -> VLCAX or VFIAX

Use both. :twisted: I sold VTSAX in April 2009 and bought VLCAX. I still own all those VLCAX shares. I didn't mind. I buy mid/small-cap ETFs, too. I still have VBR bought around that time, too. My spouse uses VFIAX in her 401(k). Don't get caught up in all the crap about the 3-fund portfolio that is...
by livesoft
Tue Dec 18, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid Wash Sale
Replies: 6
Views: 207

Re: Avoid Wash Sale

Thank you. 1) If I were to sell the lot which was purchased 2 weeks back, will it be a wash sale? No. 2) I have changed my elections such that all dividends in the taxable and IRA accounts will be transferred to a settlement account rather than being reinvested. Given that VSMGX will be issuing divi...
by livesoft
Tue Dec 18, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Non-budgeters: How do you handle large purchases?
Replies: 34
Views: 2124

Re: Non-budgeters: How do you handle large purchases?

I handle large purchases by 1. Getting 0% loans. That's the way we buy autos. 2. Using a credit card that gets paid off when the bill comes. 3. If current cash flow is not enough to pay for the purchase, we sell assets found in our taxable account to raise the cash. Nuts and bolts: Most recently sol...
by livesoft
Tue Dec 18, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid Wash Sale
Replies: 6
Views: 207

Re: Avoid Wash Sale

Just to be exceedingly clear, when did you last purchase shares of VSMGX in the 3 IRAs? Do you have automated investing also turned off in your IRAs? My last purchase was on December 6th, 2018 in the taxable account. Automated investing has been turned off. So you did not answer my question. Oh, we...
by livesoft
Tue Dec 18, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Are limit orders an attempt at timing the market?
Replies: 12
Views: 738

Re: Are limit orders an attempt at timing the market?

Some limit orders are an attempt at timing the market. Some limit orders are not an attempt at timing the market. For instance, suppose I submit a marketable limit order. I use all kinds of orders because I don't believe everything I read about orders. I try things to find out what works for me and ...
by livesoft
Tue Dec 18, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid Wash Sale
Replies: 6
Views: 207

Re: Avoid Wash Sale

Just to be exceedingly clear, when did you last purchase shares of VSMGX in the 3 IRAs? Do you have automated investing also turned off in your IRAs?
by livesoft
Tue Dec 18, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Can I get a quick refund if I file the first week of January
Replies: 10
Views: 1061

Re: Can I get a quick refund if I file the first week of January

Not that I am aware of. You can adjust your 2019 tax withholding from paychecks, so that no tax is taken out, so that's like getting a refund in your paycheck. You can eventually file your 2018 return and have some of the refund applied to your 2019 taxes. Do you see how that's just like getting a r...
by livesoft
Tue Dec 18, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: any Foreigh Tax Credit if avoid distribution?
Replies: 3
Views: 235

Re: any Foreigh Tax Credit if avoid distribution?

You didn't pay any foreign taxes if you didn't get any foreign distributions, so no credit needed nor deserved nor missed out on.
by livesoft
Tue Dec 18, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Harvest Loss or Not
Replies: 6
Views: 416

Re: Harvest Loss or Not

VTSAX closed yesterday at $63.38, so you have a reasonable loss of about 7% although it might end up less today. I would definitely tax-loss harvest. It will do you good. You don't have to exchange into VFIAX, but could exchange into VLCAX. If these go down, then TLH again. And again. And again. Eve...
by livesoft
Tue Dec 18, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting: Is opening cross possible with no cash on hand?
Replies: 3
Views: 194

Re: Tax Loss Harvesting: Is opening cross possible with no cash on hand?

You can also break up your order yourself into several sells, then buys. Presumably, all are no-commission trades at Fidelity, so you can learn some things just by doing that and experimenting with some of your ideas. The spread of ITOT is 1 cent, so only Fidelity can screw you and they can do that ...
by livesoft
Tue Dec 18, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting: Is opening cross possible with no cash on hand?
Replies: 3
Views: 194

Re: Tax Loss Harvesting: Is opening cross possible with no cash on hand?

You are worrying about not much. Sure, sell at the opening cross, but don't buy. Then see how much money you have and submit a market order to buy what you want. Don't believe all that crap about bid/ask spread and market/limit orders for the trades you want to do. You can call your broker, but I do...
by livesoft
Tue Dec 18, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: 529 vs American Op credit & living at home
Replies: 28
Views: 801

Re: 529 vs American Op credit & living at home

Your post suggests you did not read the IRS instructions and publication on the American Opportunity Tax Credit. Since you are going to have to read it anyways, here it is in PDF format: https://www.irs.gov/pub/irs-pdf/p970.pdf This publication from an authoritative source will answer all your quest...
by livesoft
Tue Dec 18, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis tracking
Replies: 10
Views: 612

Re: Cost basis tracking

I moved stuff to TDAmeritrade and WellsTrade years ago and they got everything correct. TDAmeritrade certainly lets one enter cost basis info. Actually most places should let one do this because one might have to adjust cost basis because of wash sales in other accounts. OTOH, how can a broker be re...
by livesoft
Tue Dec 18, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Spec ID vs selling entire ETF for tax loss
Replies: 2
Views: 134

Re: Spec ID vs selling entire ETF for tax loss

I didn't think ETFs could use average cost anyways, but in the case you outlined, it won't matter because you are selling all shares. But why not change the cost basis method and see how that goes? That way, you won't ask next time if it is possible because you will get that personal experience whic...
by livesoft
Tue Dec 18, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: TLH in December with dividends
Replies: 7
Views: 500

Re: TLH in December with dividends

An "epic thread" ... I like that. Thanks!