Search found 62672 matches

by livesoft
Mon Dec 17, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: Stock Market down and Dividend amount paid.
Replies: 7
Views: 577

Re: Stock Market down and Dividend amount paid.

kaeltor wrote:
Mon Dec 17, 2018 10:40 am
What is the relationship between a dividend yield and stock price? (newbie question I know).

It is a math equation: Most_recent_Dividend_yield_in_percent = Number_of_dividend_payments_per_year * Most_recent_Dividend_paid_in_dollars / Most_recent_Stock_price_in_dollars * 100
by livesoft
Mon Dec 17, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: December Qualified Dividend
Replies: 9
Views: 567

Re: December Qualified Dividend

I don't think you would need to "reclassify" because all qualified dividends are ordinary, but not all ordinary dividends are qualified. Also, since one doesn't submit a 1099-DIV with their tax return anyways, any changes by the taxpayer about the qualified nature of dividends is reported on Form 10...
by livesoft
Mon Dec 17, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 30
Views: 910

Re: Any advice for buying a used car?

smitcat wrote:
Mon Dec 17, 2018 10:15 am
My position remains , no thank you on pucrahsing a car with an accident history.
Nice story. I am glad you survived.

But that is exactly why a vehicle with an accident history can be a deal: Many people refuse to even consider buying them.
by livesoft
Mon Dec 17, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: 529 vs American Op credit & living at home
Replies: 14
Views: 347

Re: 529 vs American Op credit & living at home

^There are many ways the live-at-home cost could exceed the published suggested cost, but so what?
by livesoft
Mon Dec 17, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: How to decrease stock AA when it's in taxable
Replies: 11
Views: 613

Re: How to decrease stock AA when it's in taxable

Am I missing anything? Have you heard about The Grinch? With enough to last 48 years, you can give away equities held longer than a year to your Donor-Advised Fund then to charities. You will not pay capital gains taxes on the gift and you will be able to itemize on Schedule A because you will be g...
by livesoft
Mon Dec 17, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Options for Tax-Inefficient Holding?
Replies: 4
Views: 153

Re: Options for Tax-Inefficient Holding?

Donate the shares to your Donor Advised Fund or to your children, then buy something tax-efficient.
by livesoft
Mon Dec 17, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: December Qualified Dividend
Replies: 9
Views: 567

Re: December Qualified Dividend

Yes, you got it. And you see that you don't have to recalculate anything if you bought and held the shares before November, right?

See also: https://personal.vanguard.com/pdf/1099DIV_012018.pdf

Added: Basically the only time you would look at this is if/when you sold the shares.
by livesoft
Mon Dec 17, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: 529 vs American Op credit & living at home
Replies: 14
Views: 347

Re: 529 vs American Op credit & living at home

marcopolo wrote:
Mon Dec 17, 2018 9:28 am
I am not sure how you determine what you actually spent for a live at home situation.
I'd start with the thing folks do to calculate a "home office" deduction on which the IRS and accountants give lots of advice and tips.
by livesoft
Mon Dec 17, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 30
Views: 910

Re: Any advice for buying a used car?

smitcat wrote:
Mon Dec 17, 2018 9:21 am
Based upon past experiences I do not agree with this simple rule.
Excellent! I would like to read about all those experiences.

Do you think there would be a difference between a Craigslist car and a CPO car in that regard?
by livesoft
Mon Dec 17, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Year end distributions question
Replies: 2
Views: 192

Re: Year end distributions question

If today is the record day and you purchase today (submit buy order before 4 pm eastern), then you are buying the distribution. This was proven by an experiment done in a previous thread.

Sorry, but ryman554 will eventually have to correct their statements.
by livesoft
Mon Dec 17, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: 529 vs American Op credit & living at home
Replies: 14
Views: 347

Re: 529 vs American Op credit & living at home

Each college publishes a cost of attendance (COA) with a specific amount for room and board for a student living at home. My understanding is that's the number you are allowed to reimburse yourself. You're saying that's wrong? I am saying what the IRS says: It is the lesser of actual costs and what...
by livesoft
Mon Dec 17, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Options for catch-up contributions
Replies: 2
Views: 98

Re: Options for catch-up contributions

Looks good to me. I see no reason to change. Basically, you are asking about your asset allocation. I looked up the 2025 fund and it currently stands at about 64% equities and 36% bonds which is also about what my portfolio has now that the market has dropped a little bit. If you want to do market t...
by livesoft
Mon Dec 17, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: 529 vs American Op credit & living at home
Replies: 14
Views: 347

Re: 529 vs American Op credit & living at home

You have to use actual cost of room & board up to the cost on the college web site. That is, you cannot use the cost on the college web site just because it is more than you paid. We also found the AOTC to be better tax-wise than the 529 plan, but we used both. $4,000 spent on tuition gave us a $250...
by livesoft
Mon Dec 17, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 30
Views: 910

Re: Any advice for buying a used car?

new2bogle2 wrote:
Sun Dec 16, 2018 9:03 pm
How can someone find out the severity of an accident?
If the car is for sale, the accident wasn't serious.

If the car is totaled and cannot be driven, the accident was serious.

Think about it: Anything that only dents the car or breaks a light or side mirror is not serious, is it?
by livesoft
Sun Dec 16, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 30
Views: 910

Re: Any advice for buying a used car?

Cars that have been accidents sell for much lower than cars that have not been in accidents. Often the accident is just cosmetic damage, but future buyers will still avoid such cars. That means that deals are to be made with such cars. My experience is that at least my Lexus dealer will give a much ...
by livesoft
Sun Dec 16, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Any year-end limitations to tax-loss harvesting?
Replies: 4
Views: 367

Re: Any year-end limitations to tax-loss harvesting?

I would like to say that there are some limitations to losses in some tax-exempt muni bond funds that you may need to be aware of. It is not just a year-end limitation, but also applies throughout the year.
by livesoft
Sun Dec 16, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Fitness tracker for runner
Replies: 11
Views: 804

Re: Fitness tracker for runner

An old Garmin FR60 or FR70 (both no GPS) with an optional footpod would count steps for you. It should come with a chest strap, so it will do HR.
by livesoft
Sun Dec 16, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Question - Simple
Replies: 14
Views: 852

Re: Tax Loss Harvesting Question - Simple

If you sell it online tomorrow before 1pm ET it will have a trade date of 12/17. If you sell it tomorrow after 1pm ET it will have a trade date of 12/18. What?!!? There is nothing special going on tomorrow. I think if you sell it online tomorrow at any time even after hours, then you will have a tr...
by livesoft
Sun Dec 16, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Joint ownership of Mother in Laws house
Replies: 3
Views: 314

Re: Joint ownership of Mother in Laws house

Elderly folks make this kind of deal all the time. They often have no clue about taxes or imaginary ideas about taxes. It can make life quite interesting even though life is interesting enough already. I think everybody will have to agree on a sale, too. With more owners, agreement is less likely. A...
by livesoft
Sun Dec 16, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: Stock Market down and Dividend amount paid.
Replies: 7
Views: 577

Re: Stock Market down and Dividend amount paid.

It just changes the percent yield.

But sometimes, a company board will vote to cut the dividend, too, but investors will know that because dividend changes are publicly announced. Here is an example about GE's dividend: https://www.barrons.com/articles/ge-div ... 1540905941
by livesoft
Sun Dec 16, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Was Eliminating Investor Class Shares a Mistake?
Replies: 16
Views: 2483

Re: Was Eliminating Investor Class Shares a Mistake?

Laudable as it might be, I don't think the goals that learninginvestor wants to impose on Vanguard are worthwhile. Maybe Vanguard should leave room for other players to serve their clients? That way, Vanguard won't catch as much flak as behemoths like Walmart, Amazon, Google, et al. do for controlli...
by livesoft
Sun Dec 16, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Gain Harvesting - When Should I Transact?
Replies: 4
Views: 436

Re: Tax Gain Harvesting - When Should I Transact?

Many thanks for the replies. Much respect for all your contributions to this community, Livesoft! I have reached the annual contribution limit in my Roth space, so a tIRA rollover will not be feasible. Any thoughts on strategy to minimize the amount of time out of the market for this transaction? C...
by livesoft
Sun Dec 16, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Tax preparation software for 2018 returns
Replies: 15
Views: 1255

Re: Tax preparation software for 2018 returns

...., no downloads. [...] Anyone who cut the cord has internet access 24x7. Yes, anyone who cut the cord is downloading things all the time, so the fact that one downloads is not a negative nor a detriment. Your phone and other electronics have probably downloaded updates for their software and app...
by livesoft
Sun Dec 16, 2018 8:50 am
Forum: Personal Consumer Issues
Topic: Raspberry pi or starting an 11 year old with programming
Replies: 21
Views: 1604

Re: Raspberry pi or starting an 11 year old with programming

Reading this thread it makes me think there would be a need for a tutor or after school class to teach kids all these various things based on the base kits purchased, much like teaching them piano or saxophone or flute or soccer. Back in the day, we just did model trains, slot cars, gas-powered mode...
by livesoft
Sun Dec 16, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Tax preparation software for 2018 returns
Replies: 15
Views: 1255

Re: Tax preparation software for 2018 returns

1. There were several complaints in past years that the online "Deluxe" version of TurboTax did not fill out a Schedule D properly, but the desktop version did. 2. The installed desktop version of software is always available as long as one can turn on their computer. One doesn't need an internet co...
by livesoft
Sun Dec 16, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Tax preparation software for 2018 returns
Replies: 15
Views: 1255

Re: Tax preparation software for 2018 returns

I don't think there is a difference between Download and CD versions. You may not have a CD reader anymore on your computer. The desktop or downloaded versions (they are the same) would be better than the online versions if you have a home computer. I prefer HRBlock tax prep software because it is m...
by livesoft
Sun Dec 16, 2018 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Wash Sale Tax and Logistics Question
Replies: 13
Views: 694

Re: Wash Sale Tax and Logistics Question

Thanks livesoft. So if I sold all of the shares in the 401K, it would mitigate the wash sale since the replacement shares would be definitely gone? The number of shares repurchased was about 7% of the number of shares I intend to sell in the taxable and my loss is about $20,000, so it is not that i...
by livesoft
Sat Dec 15, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Planning first international trip - London/Paris
Replies: 74
Views: 4129

Re: Planning first international trip - London/Paris

OP here again, my wife and I have been looking at hotels and trying to find a good location near a tube station. We have narrowed it down to either the hotels in South Kensington (Park City or Park International) near the Gloucester Road tub ... FWIW, I have stayed in the Holiday Inn South Kensingt...
by livesoft
Sat Dec 15, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: How do you know when dividend/interest is paid from a mutual fund?
Replies: 13
Views: 928

Re: How do you know when dividend/interest is paid from a mutual fund?

Some/most/all brokers allow you to create notifications when different types of transactions occur in your account. In my Fidelity account, I get an e-mail when a fund I own makes a distribution. And I have my Fidelity taxable account distributions transferred automatically by Fidelity to my non-Fi...
by livesoft
Sat Dec 15, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security options for 2 equal-history spouses.
Replies: 20
Views: 1414

Re: Social Security options for 2 equal-history spouses.

I don't know if this is a wrinkle or not, but what if one of the 2 equal-history spouses goes back to work or keeps working so that they are no longer equal history spouses?

I understand that SS benefits are reduced for workers who have too much earned income.
by livesoft
Sat Dec 15, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: How do you know when dividend/interest is paid from a mutual fund?
Replies: 13
Views: 928

Re: How do you know when dividend/interest is paid from a mutual fund?

Vanguard has announced distribution dates a while ago and estimated amounts last Monday. The actual distribution dates for the 4th quarter 2018 are late next week and/or later, so that is well before "a day in advance."

I can also estimate the dates for 2019 and 2020.
by livesoft
Sat Dec 15, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Wash sale BRSIX and VSS. What to purchase?
Replies: 3
Views: 332

Re: Wash sale BRSIX and VSS. What to purchase?

I would avoid these altogether in a taxable account, so selling is a good opportunity to get them out of such accounts. VSS, just sell it and buy VEA, VXUS, or other tax-efficient large-cap international fund. In your tax-advantaged accounts, you can buy DLS or one of the funds mentioned by Longterm...
by livesoft
Sat Dec 15, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: Does this TLH strategy make sense?
Replies: 3
Views: 380

Re: Does this TLH strategy make sense?

No. This would clearly violate the wash sale rule as clearly stated in the IRS instructions. Of course, that's not strictly true. You could sell A for B. Then 31 days later your spouse could sell B for A. That assumes no reinvestment of any dividends nor additional purchases in the intervening 31 da...
by livesoft
Sat Dec 15, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle excess HSA contribution?
Replies: 5
Views: 435

Re: How to handle excess HSA contribution?

Generally, the custodian has a form for you to fill out and mail in. Look for it on the custodian's web site. You can read about this in the IRS publication on HSAs: https://www.irs.gov/pub/irs-pdf/p969.pdf as well as IRS Form 8889 and its instructions and the Form 5329 already mentioned. I've had t...
by livesoft
Sat Dec 15, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 106
Views: 7706

Re: Can I retire

I didn't see any links to the Can I retire? calculators:

www.firecalc.com

www.cfiresim.com

www.i-orp.com

Fidelity and other brokerage firms have them, too.
by livesoft
Sat Dec 15, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: How do you know when dividend/interest is paid from a mutual fund?
Replies: 13
Views: 928

Re: How do you know when dividend/interest is paid from a mutual fund?

I just log into my account(s) and click on "Transactions" or "Activity" if I need to confirm and things are there. I don't actually look at statements. All my investments have told me ahead of time when dividends and interest payments are made, so I have never been surprised by a transaction. Of cou...
by livesoft
Sat Dec 15, 2018 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 32
Views: 1839

Re: Is this a good time to start paying extra on the mortgage?

^If interest rates are going up and CDs starting paying 5% again, then you might be mad that you paid off a 3% mortgage.
by livesoft
Sat Dec 15, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 32
Views: 1839

Re: Is this a good time to start paying extra on the mortgage?

I don't think so. Some of the best times to put money in to the stock market are those characterized by your very first sentence.
by livesoft
Sat Dec 15, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: CP2000 Education Credit Denied
Replies: 7
Views: 588

Re: CP2000 Education Credit Denied

We always put with our tax records the hardcopy university statements, the credit card statements, and copies of the cancelled checks to support our education claims. Indeed, I asked my current college student to gather all this information by this Tuesday 10:30 am to go over in a meeting between Da...
by livesoft
Sat Dec 15, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Wash Sale Tax and Logistics Question
Replies: 13
Views: 694

Re: Wash Sale Tax and Logistics Question

I don't think you can specifically identify which shares to be sold in the 401(k) anyways. Since you cannot, the order would be FIFO. So that means you'd have to sell ALL shares probably and not buy anymore for awhile. OTOH, 401(k) plans were not named by the IRS in its 2008 ruling letter and only I...
by livesoft
Sat Dec 15, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Investing a lump sum in today's market climate
Replies: 7
Views: 826

Re: Investing a lump sum in today's market climate

You'll only get opinions since you know the stats already. And opinions don't count for much. That written, here's what I think: A couple of times earlier in 2018 we had the issues of the FOMC meeting to raise FFR and the threat of shutting down the government. We also had announcement of record low...
by livesoft
Sat Dec 15, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 104
Views: 8441

Re: I made a mistake by not selling when the market was high this year

I agree, but I'm not sure exactly what you mean by this in this context. Can you elaborate? Probably not to your satisfaction. I had a short discussion with someone else where they wanted to know if their money was safe in the stock market because another neighbor reinforced their Recency Bias and ...
by livesoft
Sat Dec 15, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 104
Views: 8441

Re: I made a mistake by not selling when the market was high this year

Just because you buy more shares doesn't mean those shares you just bought won't go down more next week, month, year or whatever. Yes, you are a great non-emotional investor. But when dealing with emotional investors, do you have any tips for faking them out and getting them to rebalance during a c...
by livesoft
Sat Dec 15, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - split Growth/Value between IRA/Taxable
Replies: 6
Views: 191

Re: TLH - split Growth/Value between IRA/Taxable

Go for it and report annually how it is going. This has been suggested a few times on the forum, but I haven't really seen any follow-ups from the folks who have suggested this for themselves. For myself, I use VEA (Foreign developed) in taxable and all other international (VSS, VFSVX, VTIAX, DGS, D...
by livesoft
Sat Dec 15, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Nice gifts for young kids
Replies: 28
Views: 2102

Re: Nice gifts for young kids

If the parents are sports fans, then matching clothes for all of them might be appropriate. And the clothes could be passed down to the younger siblings as they grow out of them. I understand that Alabama supporters really like this kind of thing.
by livesoft
Sat Dec 15, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Strange [job] interview- what do you think?
Replies: 35
Views: 3476

Re: Strange interview- what do you think?

Yes, they might be interviewing some other candidates. But, why should the hiring manager tell you about them? It is irrelevant to you as a candidate. The only relevant information is when they will get back to you with a decision. C'mon, hiring managers are not perfect people in the first place. T...
by livesoft
Sat Dec 15, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: I made a mistake by not selling when the market was high this year
Replies: 104
Views: 8441

Re: I made a mistake by not selling when the market was high this year

Isn't this Beardstown Ladies type math/returns? Of course! The book will appear soon. :) But I don't think we should be encouraging people to think their returns are better than they really are. By the same token we probably shouldn't be giving people the impression that their long-term returns are...
by livesoft
Sat Dec 15, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Accounts rebalancing philosophy
Replies: 5
Views: 312

Re: Accounts rebalancing philosophy

I wanted to add that since one of my tax-deferred accounts has equities and bonds in it, I can do all portfolio rebalancing in that account while taking into account what my other accounts have in them. But I don't need to make any special rebalancing transactions in my taxable nor in my Roth accoun...
by livesoft
Sat Dec 15, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Accounts rebalancing philosophy
Replies: 5
Views: 312

Re: Accounts rebalancing philosophy

I agree with the advice you got.

In my case, I have more than enough room for all bonds in tax-deferred, so that's where they go. That still leaves room for equities in tax-deferred where some of my equities go while taxable is 100% equities and right now Roth IRAs are 99% equities.