Search found 54178 matches

by livesoft
Sun May 28, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Bond heavy for SEP?
Replies: 1
Views: 32

Re: Bond heavy for SEP?

Definitely, yes.
by livesoft
Sun May 28, 2017 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Which is better?
Replies: 5
Views: 220

Re: Which is better?

It's best not to rebalance based on the calendar, but to use rebalancing bands or trigger points. :)

bogleheads.org/wiki/Rebalancing
by livesoft
Sun May 28, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 35
Views: 815

Re: Play Money for Spouse....

I've posted this before: When we were first married we made a budget or I should say my spouse made a budget. To arrive at dollar amounts she used past spending patterns. She took what she spent on clothes in the previous 3 months, divided by 3 and came up with her clothes budget of $300 a month. Sh...
by livesoft
Sun May 28, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: How are my investments?
Replies: 7
Views: 304

Re: How are my investments?

Without knowing possible alternatives in your 401(k), how can we know? Also the relative sizes of your accounts may have an impact. For instance, if your Roth is $1,000 and your taxable is $1,000,000 then I am going to wonder about what you posted. Many people would suggest that one have at least 20...
by livesoft
Sun May 28, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Not Another Payoff The Mortgage Thread....
Replies: 12
Views: 571

Re: Not Another Payoff The Mortgage Thread....

I would not pay it off. I started a thread on that today:
viewtopic.php?f=10&t=219886
by livesoft
Sun May 28, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: A more modest inheritance
Replies: 10
Views: 864

Re: A more modest inheritance

Zea Mays wrote:Some in AT&T stocks, which I'm inclined to keep in kind.

Based on previous posters who have kept inherited stock and eventually regretted that, my advice would be to sell these soon after receipt before they gain too much that one will always have second thoughts about selling.
by livesoft
Sun May 28, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: best watch for climbing/mountaineering?
Replies: 4
Views: 247

Re: best watch for climbing/mountaineering?

I use a Smart Phone, specifically Samsung Galaxy S5. I use Google maps to download into the "offline area" before I go. That way, everything works without need of phone or wireless connection. Plus it's a camera, flashlight, and plays music. Oh, it tells time, too along with being water re...
by livesoft
Sun May 28, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: The Best Account for International Equities
Replies: 33
Views: 2434

Re: The Best Account for International Equities

..., one simply needs to file form 1116, that again I have been filing for ever. I have never (so far in 25 years of investing) had a year where I couldn't get full credit for foreign taxes paid. Now that would be a great thread in the spirit of triceratop's spreadsheet and the TLH/wash sale exampl...
by livesoft
Sun May 28, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: tax exempt bond funds
Replies: 15
Views: 1147

Re: tax exempt bond funds

I would not consider this "stuck." You can own both the funds easily, can't you?

I would not make any exchanges if there was a capital gain.
by livesoft
Sun May 28, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: How to return 5% with low risk?
Replies: 3
Views: 376

Re: How to return 5% with low risk?

Did you see what a single-premium immediate annuity was paying? Do you care about inflation adjustment?
by livesoft
Sun May 28, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Question regarding ROTH IRA conversion and taxes owed
Replies: 12
Views: 443

Re: Question regarding ROTH IRA conversion and taxes owed

I think the answer was to file an amended tax return using the tax software that you used to originally file the return. I have never filed an amended return in my life (knock on wood!), but I understand an amended return has to be printed and mailed in, but only after answering the questions correc...
by livesoft
Sun May 28, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: A more modest inheritance
Replies: 10
Views: 864

Re: A more modest inheritance

Money is money. There is nothing special about this money. Don't be sentimental about it. So to echo the others: Just invest into your asset allocation. Or if you want, send it to me. BTW, the Roth conversion question is kind of unrelated. You should be asking that question whether you received an i...
by livesoft
Sun May 28, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Buckets v Total Return and the Frequency of Withdrawal
Replies: 12
Views: 467

Re: Buckets v Total Return and the Frequency of Withdrawal

Best series of articles on all this to read:

https://earlyretirementnow.com/2016/12/ ... t-1-intro/

Buckets are discussed, cash is discussed, monthly withdrawals are discussed. In short, everything is discussed.
by livesoft
Sun May 28, 2017 1:30 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 18
Views: 1527

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

Chip wrote:Mortgage Your Retirement. Hmmm, has a familiar ring to it. Maybe this thread?

I like it. :sharebeer
by livesoft
Sun May 28, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 18
Views: 1527

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

I'd say this article confirms my thoughts on having a low-interest mortgage: One has the OPTION to pay off the mortgage AFTER equities have gone way up and also the OPTION to not pay off the mortgage while one's equity investments are not doing well. That is, one can always wait for equities to outp...
by livesoft
Sun May 28, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing ease between taxable, tax-advantage account, pure stocks
Replies: 6
Views: 447

Re: Rebalancing ease between taxable, tax-advantage account, pure stocks

Years ago, I figured out that Vanguard Health Care VGHAX was not very tax efficient. It paid out large taxable distributions every year. I wanted to get it out of my taxable account. When I sold it, I found out that it actually had a capital loss because of all those years of paying out the distribu...
by livesoft
Sun May 28, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Which Vang. Muni Fund?
Replies: 3
Views: 202

Re: Which Vang. Muni Fund?

Don't pick a state, just use the National one. I suspect you didn't look yet at the choices that Vanguard gives you. The choices are limited and you have a natural choice, too.
by livesoft
Sun May 28, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 18
Views: 1527

DON'T pay off your mortgage; instead reduce Sequence of Return Risk

Another reason to not pay off one's mortgage is mentioned in the Safe Withdrawal Rate series at https://earlyretirementnow.com/2017/05/24/the-ultimate-guide-to-safe-withdrawal-rates-part-15-sequence-of-return-risk-part2/ Are there ways to alleviate Sequence of Return Risk? Last week after posting th...
by livesoft
Sun May 28, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Retiring in southern college town
Replies: 28
Views: 1581

Re: Retiring in southern college town

Most college towns are going to be full of transplants so I wouldn't worry so much about fitting in with southerners. It's not like the south is really that different, anyway. I wouldn't worry about fitting in with Southerners either, but that is not the case for everybody. Only the naive would thi...
by livesoft
Sun May 28, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding a maturing UTMA to pay least taxes
Replies: 18
Views: 903

Re: Unwinding a maturing UTMA to pay least taxes

Livesoft - is there a reason for the short two-year timeline to unwind these positions? My daughter had one of these. She did wait to sell and it cost her more in taxes than necessary because she had a nice income when she decided to sell everything. The 2-year time frame will coincide with my son'...
by livesoft
Sun May 28, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding a maturing UTMA to pay least taxes
Replies: 18
Views: 903

Re: Unwinding a maturing UTMA to pay least taxes

I can't answer livesoft's question, but I did want to add a question on to my own. I opened a UGMA account (one of 2 states to have UGMA and not UTMA) for my 1.5 yr old last year. Should I tax gain harvest each year up to the kiddie tax threshold so that when the account transfers over, the minor h...
by livesoft
Sun May 28, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: How many investment companies to have money in?
Replies: 36
Views: 2396

Re: How many investment companies to have money in?

I have told the story of being unable to get money out of my Bank of America accounts for 3 weeks, so that checks bounced, bill pays bounced, direct-deposited paychecks went in, but nothing came out. If we had had an emergency fund at Bank of America, it would also have been unaccessible. This sordi...
by livesoft
Sun May 28, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: When you didn't have 401(k)/403(b), did you have IRA?
Replies: 39
Views: 1384

Re: When you didn't have 401(k)/403(b), did you have IRA?

Times have changed and people are lazier. Hence we have things like Rocket Mortgage and Venmo and TurboTax cellphone version. If it can't be done on a cell phone without talking to anyone, it is not worth doing.
by livesoft
Sun May 28, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 23
Views: 1152

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

We've got multiple Wells Fargo banks in town if we needed to deal with paperwork. Does WellsTrade offer a good selection of index and/or low cost NTF funds? What about account fees, etc? The people in the WF banks have no relationship to the low-cost discount do-it-yourself broker called WellsTrade...
by livesoft
Sun May 28, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio and career change advice sought
Replies: 4
Views: 282

Re: Portfolio and career change advice sought

Two discussions of income taxes for you to read:

Family with 2 kids: viewtopic.php?t=79510
ZERO income taxes for retirees with 6-figure expenses: viewtopic.php?t=87471
by livesoft
Sun May 28, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 23
Views: 1152

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

I'd like to get some real world experiences from people who had to deal with inheritances, MRDs, etc. at Vanguard, Schwab, or Fidelity. Thank you. My mom had accounts at Fidelity. That's the reason I have an inherited IRA at Fidelity. It has an RMD. Fidelity calculates the RMD and I request that my...
by livesoft
Sun May 28, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Retiring in southern college town
Replies: 28
Views: 1581

Re: Retiring in southern college town

Tell me where you were born and bred and I can tell you what stereotype you will fit into when you head south.
by livesoft
Sun May 28, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Good way of comparing Used Car prices?
Replies: 10
Views: 450

Re: Good way of comparing Used Car prices?

The prices shown online are asking prices and not real prices. I would expect to negotiate to 15% to 20% less at dealers. CarMax doesn't negotiate, so CarMax prices are the highest possible that one can pay. And you won't know if your seller will negotiate until you try. If they don't, then go somep...
by livesoft
Sun May 28, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: When you didn't have 401(k)/403(b), did you have IRA?
Replies: 39
Views: 1384

Re: When you didn't have 401(k)/403(b), did you have IRA?

A disadvantage of the IRA, compared to a 401k or 403b, is that you can't set up an automatic payroll deduction to an IRA. So that could be a another reason the IRA is not more popular for workers without an employer sponsored plan. This disadvantage is certainly touted by the folks who want to make...
by livesoft
Sun May 28, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 23
Views: 1152

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

TDAm will not have mutual funds worth using, but that reduces a hassle factor: One will not have to learn anything about Average Cost Basis since ETFs will also use Specific Identification anyways. :) Because I have my i401(k) at TDAm and now my spouse's employer switched their 401(k) custodian to T...
by livesoft
Sun May 28, 2017 10:14 am
Forum: Investing - Theory, News & General
Topic: Why did Vanguard's Market Capitalization in their Portfolio Analysis change?
Replies: 3
Views: 471

Re: Why did Vanguard's Market Capitalization in their Portfolio Analysis change?

It is clear to me that has someone looking at VPW and making changes. V has added explanations where none were before. I am going to guess that V got sick of the following question: "We/I have only Vanguard Total Stock Market Index | LifeStrategy | Target Retirement fund, so why does VPW tell m...
by livesoft
Sun May 28, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 23
Views: 1152

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

A local office can be helpful as long as good people staff them and turnover is low. I think you have to do some test runs by having accounts at all of them (add TDAmeritrade, too), then make your own personal decision. You may decide to consolidate … or not. We found hassles everywhere, but differe...
by livesoft
Sun May 28, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Looking for advice/reassurance on what to do with $4-5m
Replies: 60
Views: 4657

Re: Looking for advice/reassurance on what to do with $4-5m

B. To account for the worst case scenario I assumed that I would be invested in 100% equity (S&P500 index). Analyzed S&P500 historical chart going back 60 some years and additional data points provided in this forum. I extracted several worst downturn scenarios and time it took for S&P ...
by livesoft
Sun May 28, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Idea for Fun Money Account, Good, Bad or Ugly?
Replies: 26
Views: 998

Re: Idea for Fun Money Account, Good, Bad or Ugly?

I have a fun money account. It is 100% of my total portfolio. I have plenty of fun with rebalancing, tax-loss harvesting, and market timing.
by livesoft
Sun May 28, 2017 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Allocation Help Across His/Hers Accounts
Replies: 3
Views: 267

Re: Allocation Help Across His/Hers Accounts

I don't see a problem with "overlapping." Just buy a Target Retirement 2035 in all the accounts. Why would that be an issue?
by livesoft
Sun May 28, 2017 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding a maturing UTMA to pay least taxes
Replies: 18
Views: 903

Re: Unwinding a maturing UTMA to pay least taxes

[[ edit: Is the timing of the fund distribution known, at least? It would be prudent to move to e.g. a fund with well-publicized ex-dividend dates. Yes, NAV for TWGTX is currently about 33 after a 15% gain YTD. The December dividends have been what I would call 'largish' relative to NAV: Date Divid...
by livesoft
Sun May 28, 2017 7:31 am
Forum: Investing - Theory, News & General
Topic: The Best Account for International Equities
Replies: 33
Views: 2434

Re: The Best Account for International Equities

JoMoney wrote:The credit though, seems to have maximum of $300 (or $600 joint)

The above statement is not true. I take a credit into 4-figures by using Form 1116. Furthermore, I take the standard deduction, too. One does not need to itemize on Schedule A in order to use and get a foreign tax credit.
by livesoft
Sat May 27, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Unwinding a maturing UTMA to pay least taxes
Replies: 18
Views: 903

Re: Unwinding a maturing UTMA to pay least taxes

It is true that my son could turn off automatic reinvestment and wait until AFTER the December distribution to sell shares when all numbers except the selling NAV will be known. There is a danger that the distribution could be all STCG distribution and thus converting LTCG to something taxed at a hi...
by livesoft
Sat May 27, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Unwinding a maturing UTMA to pay least taxes
Replies: 18
Views: 903

Re: Unwinding a maturing UTMA to pay least taxes

Ask your son for help. :D First, Are the dividends being re-invested? Turn that off so that in a year all gains will be Long Term Second, How much are the gains if everything was sold today? If it is 5 times $2100, then roughly 1/5 of it (shares bought across all years) could be withdrawn. But if y...
by livesoft
Sat May 27, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Unwinding a maturing UTMA to pay least taxes
Replies: 18
Views: 903

Unwinding a maturing UTMA to pay least taxes

I thought folks would not mind helping to solve an investment and tax puzzle. My son has had an AmericanCentury (nee 20th Century) GiftTrust UTMA account for the past 20 years. It was started by his grandmother and contributed to now and then only by his grandmother who is now deceased. Now that he ...
by livesoft
Sat May 27, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Asking for help/ideas for my Father's retirement fund
Replies: 32
Views: 859

Re: Asking for help/ideas for my Father's retirement fund

We don't really have a good picture of his financial status, ... [...] Livesoft: Interesting idea. It would all be taxable of course, but some could be 0 or 10%; it could push SS into taxable as well if he takes it then. I expect that Dad should not be paying income taxes now and won't have to pay ...
by livesoft
Sat May 27, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Asking for help/ideas for my Father's retirement fund
Replies: 32
Views: 859

Re: Asking for help/ideas for my Father's retirement fund

Let me ask a question that should be easy to answer: Should he invest in a 0.5% savings account or an account that pays about 3% interest? The account that pays 3%. Consider the following idea: An emergency fund is often used to help with a job loss. If one loses their job, then one needs some mone...
by livesoft
Sat May 27, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Asking for help/ideas for my Father's retirement fund
Replies: 32
Views: 859

Re: Asking for help/ideas for my Father's retirement fund

Let me ask a question that should be easy to answer:

Should he invest in a 0.5% savings account or an account that pays about 3% interest?
by livesoft
Sat May 27, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing
Replies: 8
Views: 505

Re: Rebalancing

Since you are invested in a tax-deferred account, there are no tax consequences for selling one fund and buying another, thus there is no tax cost to rebalancing. If there was a tax cost that could be avoided by using contributions, then I would recommend that, but with no tax cost to rebalance, jus...
by livesoft
Sat May 27, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 23
Views: 2663

Re: Voyager Select vs Flagship

At most, being Flagship would be worth about $200 per year in free VanguardAdvantage and 25 free stock/ETF trades per spouse (vs $2 currently). It's not something I'm concerned with. I'm even less concerned because I have free banking and free trades at other places anyways. I would not even get $2...
by livesoft
Sat May 27, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Asking for help/ideas for my Father's retirement fund
Replies: 32
Views: 859

Re: Asking for help/ideas for my Father's retirement fund

This discussion seems to show quite a lot of misunderstanding as far as I can tell. The investment he is using in his 401(k) is something that he cannot get at Vanguard. It may be the best investment suited for him. My web research shows it is a fixed annuity with no expense ratio. It does change in...
by livesoft
Sat May 27, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Asking for help/ideas for my Father's retirement fund
Replies: 32
Views: 859

Re: Asking for help/ideas for my Father's retirement fund

This is what I was trying to find out. It's better for him to put additional money into his current 401K over opening a second account. Thank you. That is what I needed. He may choose to put a small portion into SP500 and bonds etc, but he was wondering WHERE he should do that, in the 401K or Roth....
by livesoft
Sat May 27, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Best Use of Expensive 401k?
Replies: 9
Views: 525

Re: Best Use of Expensive 401k?

Does this 401(k) have a loan provision? If so, can you borrow $50,000 and put the money in investments outside the 401(k) and thus save on the 401(k) expense ratio?
by livesoft
Sat May 27, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Asking for help/ideas for my Father's retirement fund
Replies: 32
Views: 859

Re: Asking for help/ideas for my Father's retirement fund

A Roth IRA would be fine for him, rather than putting more into the 401(k). It would cost him taxes that he doesn't need to pay, so I will disagree and say it would not be fine for him. Even a deductible traditional IRA might be better for his wife. With both of them contributing (him $24,000 and h...

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